First Tin receives revised non-binding takeover proposal from Metals X at 16.5p/share

First Tin PLC has received a revised non-binding proposal from Metals X Limited to acquire the entire issued and to be issued share capital not already held by MLX at 16.5 pence per share in cash. The board indicated it would be minded to recommend the offer, subject to terms and the structure of a proposed distribution of First Tin's German development assets to shareholders.

Detected & updated continuously · Source: Nebula