REG - Critical Metals PLC - Issue of Convertible Loan Notes

Critical MetalsAnnouncement

31/12/2025 07:00

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RNS Number : 2055N  Critical Metals PLC  31 December 2025

Critical Metals plc / EPIC: CRTM / Market: Main Market

 

31 December 2025

Critical Metals plc

("Critical Metals" or the "Company")

 

 Issue of Convertible Loan Notes with related party participation to raise
£2.1 million

 

Critical Metals plc (LSE:CRTM), a mining company established to acquire mining
opportunities in the critical and strategic metals sector, currently
developing the Molulu Copper/Cobalt Project ("Molulu") in the Democratic
Republic of Congo, announces that it has issued a £2,100,000 convertible loan
instrument ("CLN Instrument").  On 30 December 2025 NIU Invest SE ("NIU"),
the majority shareholder in the Company, has agreed to subscribe to the full
£2,100,000 of convertible loan notes ("CLNs") issued under the CLN Instrument
at par.

 

The main terms of the CLNs are as follows:

·    Mature in 18 month;

·    Interest at 10% per annum, payable on maturity;

·    Are convertible into ordinary shares of the company at a conversion
price of 10.25 per Ordinary Share of £0.0005 each in the capital of the
Company ("Ordinary Shares"), which is equal to the 15 day volume weighted
average share price and represents a 5.7% discount to the closing price on 29
December 2025; and

·    May be converted into shares at NIU's discretion at any time subject
to certain restrictions and if not converted will be repayable at the end of
the term.

 

The issue of the CLNs to NIU is a material related party transaction for the
purposes of DTR 7.3.6 due to NIU's shareholding in the Company representing
74.04% of the issued Ordinary Shares.

 

The funds raised under the CLN will be used to carry out business development
as the Company explores acquisition opportunities in the mining sector, fund
exploration activities at Molulu and for general working capital.

 

 Danilo Lange, Interim CEO of Critical Metals said: "The £2.1 million raised
through the CLN Instrument will enable the Company to start delivering on its
strategy, funding exploration work at Molulu while also supporting the
identification of potential acquisitions across the sector."

 

 

 

**ENDS**

 

For further information on the Company please visit www.criticalmetals.co.uk
(http://www.criticalmetals.co.uk/)  or contact: 

 

 Critical Metals plc

 Danilo Lange, CEO            critical@stbridespartners.co.uk
 St Brides Partners Ltd

 Financial PR

 Ana Ribeiro/Charlotte Page   critical@stbridespartners.co.uk

 

About Critical Metals

London listed Critical Metals plc is focused on identifying low CAPEX and OPEX
brown-field projects with near-term production and cash-flow, concentrating on
minerals that have strategic importance to future global economic
growth.  In line with this, and with an off-take partner already in place,
the Company is currently focused on recommencing production at the formerly
producing Molulu Copper/Cobalt Project in the Katangan Copperbelt in
Democratic Republic of Congo ('DRC').

 

 

 

 

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