Metals X Proposes Possible Cash Offer for First Tin

07:11 AM EDT, 10/09/2026 (MT Newswires) -- Australian tin producer Metals X made a potential cash takeover offer for First Tin (1SN.L) at 0.15 pound sterling per share. The London-listed tin development company First Tin confirmed in a Friday filing that it received an unsolicited, indicative proposal from Metals X, which holds a 29.95% stake in First Tin. Under the UK's Takeover rules, Metals X has until Nov. 6 to either make a firm offer or walk away. First Tin's board is reviewing the proposal.