Deal facts
- Buyer
- Metals X
- Target
- First Tin
- Deal value
- Not disclosed
- Announced
- 9 October 2026
- Status
- Firm intention
- Sector
- Other
- Country
- United Kingdom
- Consideration
- Not stated
Sources
Metals X has agreed to acquire First Tin, a company based in the United Kingdom. The transaction was announced on 9 October 2026. The specific financial terms of the deal, including the total value and the form of consideration, have not been disclosed.
As the completion date has not been established, the deal remains in a preliminary phase. This is a possible offer, not a final agreement. No regulatory approvals or other conditions precedent have been confirmed at this stage. The transaction is subject to further developments and formal confirmation before it can proceed to completion.
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1 update- Firm intention
Potential offer by Metals X pursuant to Rule 2.4
Rule 2.7 of the Code, or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. The deadline can be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code. As a consequence of the announcement, an offer period has now commenced in respect of First Tin in accordanc
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Buyer history
Metals X
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Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.
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