REG - Critical Metals PLC - Restoration of Trading

Critical MetalsAnnouncement

06/11/2023 07:45

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RNS Number : 4105S  Critical Metals PLC  06 November 2023

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic
Law by virtue of the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement, this inside information is now considered to
be in the public domain.

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

6 November 2023

Critical Metals plc

("Critical Metals" or the "Company")

Restoration of Trading

Critical Metals plc, a mining company established to acquire mining
opportunities in the critical and strategic metals sector, currently
developing an ex-producing copper cobalt mine in the Democratic Republic of
Congo ("DRC"), advises that following the publication of the Company's 2022
Annual Report on 3 November 2023 and an application by the Company for the
suspension to be lifted, the Company's shares will be restored to the Official
List and to trading on the London Stock Exchange today.

 

For further information contact:

 Critical Metals plc

 Russell Fryer, CEO                               Tel: +44 (0)20 7236 1177
 Peterhouse Capital Limited - Corporate Broker     Tel: +44 (0)20 7469 0936 / +44 (0)20 7220 9797

 Lucy William / Charles Goodfellow
 St Brides Partners Ltd

 Financial PR

 Catherine Leftley /Ana Ribeiro/Isabelle Morris   Tel: +44 (0)20 7236 1177

 

About Critical Metals

Critical Metals PLC has acquired a controlling 100% stake in Madini Occidental
Limited, which holds an indirect 70% interest in the Molulu copper/cobalt
project, an ex-producing medium-scale asset in the Katangan Copperbelt in the
Democratic Republic of Congo. In line with its investment strategy of focusing
primarily on known deposits, targeting projects with low entry costs and the
potential to generate short-term cash flow; the Company intends to produce
120,000t/per annum of Copper Oxide Ore.

The Company will continue to identify future assets that are in line with its
stated acquisition objective of low CAPEX and OPEX projects with near-term
production, concentrating on minerals that are perceived to have strategic
importance to future economic growth and generate significant value for
shareholders.

 

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