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Technology Minerals – significant dilution to fix the balance sheet deficit as Swanny takes one for the team

Tom Winnifrith
Tuesday 23 June 2026

Yesterday the Chris Cleverly linked POS that is Technology Minerals (TM1) announced a conditional fundraise raising gross proceeds of £2.085 million at a price of £0.0005 per share. Technology has a number of hurdles to overcome before it actually receives the cash because as the fund raise was below the nominal value of Technology shares it is required to completing a subdivision of shares. It also requires shareholder and FCA approval and publication of a Prospectus. But let’s assume that all happens…

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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