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Metals X to potentially acquire First Tin PLC

PRIVATEOct 09, 2026

Acquiring Company

Metals X

Acquired Company

First Tin

PerthFreibergMiningMineralEnergyRenewable Energy

Description

Metals X Limited has made a proposal for a potential cash offer to acquire First Tin PLC. The proposal includes a cash offer of 15 pence per ordinary share. The Board of First Tin is currently evaluating this unsolicited proposal. A firm intention to make an offer must be announced by November 6, 2026.

Company Information

Company

Metals X

Location

Perth, Western Australia, Australia

About

Metals X is an Australian mining company that focuses on the exploration, development, and production of metals. The company primarily operates tin mines and has a strong financial position with significant cash reserves. It aims to increase its revenue through strategic acquisitions and operational efficiencies. Metals X is known for its commitment to sustainable and responsible mining practices.

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Frequently asked

Who acquired First Tin?

First Tin was acquired by Metals X, based in Perth. The deal was reported on October 9, 2026. Metals X is an Australian mining company that focuses on the exploration, development, and production of metals. Metals X is privately held and operates in Mining.

When did Metals X acquire First Tin?

Metals X's acquisition of First Tin was reported on October 9, 2026. Metals X Limited has made a proposal for a potential cash offer to acquire First Tin PLC. The proposal includes a cash offer of 15 pence per ordinary share. The Board of First Tin is currently evaluating this unsolicited proposal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does First Tin do?

First Tin is a tin exploration and development group focussed on tin and associated metals in OECD countries. It is privately held, operating in Energy, and is based in Freiberg.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.