AMG Critical Materials stock drops after share placement to fund growth

uk.investing.com

AMG Critical Materials stock dropped significantly after the company announced a share placement. The company sold approximately 3.25 million new shares at €34.00 each, raising over €110 million. This offering represents up to 10% of its issued share capital. Proceeds will fund growth projects, including lithium and vanadium recycling facilities, and expand molybdenum recycling.


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AMG Critical Materials stock drops after share placement to fund growth | News Minimalist