Critical Mineral Resources issues 56.9 million shares at 1.45p each

Published 18/06/2025, 09:48
Critical Mineral Resources issues 56.9 million shares at 1.45p each

LONDON - Critical Mineral Resources PLC (LSE:LON:CMRS) announced Tuesday that all resolutions were passed at its general meeting, and the company has issued 56,896,552 new ordinary shares at a price of 1.45 pence per share.

The share issuance is part of the Second Tranche Investment by Gilini Holdings Ltd, as previously announced on May 23, 2025. Following this issuance, the company’s enlarged issued share capital now stands at 192,288,051 ordinary shares of 1p each.

Each ordinary share carries the right to one vote, and the company confirmed it does not hold any shares in treasury. Shareholders may use the updated share count to determine if they need to notify their interest in the company under the Disclosure and Transparency Rules.

Critical Mineral Resources will make a subsequent announcement regarding when the application for the Second Tranche Shares will be made for trading on the main market of the London Stock Exchange (LON:LSEG).

Critical Mineral Resources PLC focuses on developing assets that produce critical minerals for the global economy, with particular emphasis on materials essential for electrification and clean energy. The company is building a portfolio of metals exploration and development projects in Morocco, concentrating on copper, manganese and other critical minerals.

The information was provided in a company press release.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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