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LONDON - Critical Mineral Resources PLC (LSE:LON:CMRS), specializing in critical mineral exploration and development, has announced the scheduling of its Annual General Meeting (AGM) and a separate General Meeting (GM). The AGM is set to take place at Orana Corporate LLP’s offices in London on June 26, 2025, at 10:00 a.m. Prior to the AGM, the GM will be held at the same location on June 17, 2025, also at 10:00 a.m.
At the upcoming GM, shareholders will consider and vote on a resolution to grant the directors of the company authority to allot relevant securities up to an aggregate amount of £453,345.41. This is in connection with the second tranche of the investment agreement with Gilini Holdings Ltd, which was announced on May 23, 2025. The authority, if granted, will expire at the next AGM or after 15 months, whichever comes first, with provisions allowing for commitments made before the expiry that might require the allotment of securities afterward.
Additionally, a special resolution will be proposed to empower the directors to allot equity securities for cash under the same financial conditions. This special resolution also substitutes any existing unexercised authorities and is subject to the passing of the ordinary resolution. The special resolution’s authority will be subject to the same expiry conditions as the ordinary resolution.
Notices for both the AGM and GM have been made available on the company’s website, cmrplc.com, for shareholders’ review.
Critical Mineral Resources PLC focuses on producing critical minerals essential for the global economy’s shift towards electrification and clean energy. The company has been active in developing a diversified portfolio of exploration and development projects in Morocco, concentrating on metals like copper and manganese. CMR has identified Morocco as a strategic location for supplying raw materials to Europe due to its mining-friendly environment and advantageous operational conditions.
This news article is based on a press release statement issued by Critical Mineral Resources PLC.
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