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Chris Cleverley founded shitco Technology Minerals – proposed hugely dilutive fundraise but how likely is the raise to occur?

Tom Winnifrith
Friday 5 June 2026

In its last results for the six months to 31 December 2025 Technology Minerals (TM1) showed a loss of £1,585,000 and had period end net liabilities of £1,988,000, demonstrating that it desperately needed refinancing.  Yesterday Technology announced an “Expanded Strategy, Proposed Fundraise and Directorate Changes”.  Uh oh – confetti ahoy.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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