REG - Critical Mineral - Admission and Total Voting Rights

Critical Mineral ResourcesAnnouncement

25/03/2024 11:15

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RNS Number : 1626I  Critical Mineral Resources PLC  25 March 2024

25 March 2024

Critical Mineral Resources PLC

('CMR' or the 'Company')

Admission and Total Voting Rights

Critical Mineral Resources announces that further to the Company's
announcement on 15 March 2024, application is being made for 12,242,251 new
ordinary shares to be admitted to trading on the Main Market of the London
Stock Exchange which is expected to be on or around Wednesday 26th March 2024.
The new 12,242,251 shares will rank pari passu with the Company's existing
ordinary shares and the enlarged share capital will comprise of 73,453,509
ordinary shares.

As part of the placing, the Company sold 8,018,647* of the 10,685,313 it held
in Treasury. As a result, there remains 2,666,666 shares in Treasury and the
total number of voting rights in the Company is 70,786,843. This number may be
used by shareholders to determine if they are required to notify their
interest in, or a change to their interest in the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

 Critical Mineral Resources plc           info@cmrplc.com (mailto:info@cmrplc.com)

 Charles Long, Chief Executive Officer
 Novum Securities                         +44 (0) 20 7399 9425

 Jon Belliss
 Hudson Sandler (Financial PR)            +44 (0) 207 796 4133

 Charlie Jack

 

* adjusted for rounding

Notes To Editors

Critical Mineral Resources (CMR) plc is an exploration and development company
focused on developing assets that produce key commodities essential for
renewable energy, battery storage and electrification to support the clean
energy revolution. These commodities are widely recognised as being at the
start of a supply and demand supercycle.

CMR is building a diversified portfolio of high-quality metals exploration and
development projects in Morocco, focusing on copper, nickel, manganese,
cobalt, and potentially rare earths. CMR identified Morocco as an ideal
mining-friendly jurisdiction that meets its acquisition and operational
criteria. The country is perfectly located to supply raw materials to Europe
and possesses excellent prospective geology, infrastructure and attractive
permitting, tax and royalty conditions. In 2023, the Company acquired an 80%
stake in leading Moroccan exploration and geological services company Atlantic
Research Minerals SARL.

Since taking over the CMR in 2022, the current management has completed a
comprehensive strategic review and restructuring of the business and
implemented its clear strategy to maximise exploration and resource
development opportunities for the benefit of all stakeholders. The Company is
listed on the London Stock Exchange (CMRS.L). More information regarding the
Company can be found at www.cmrplc.com (http://www.cmrplc.com)

 

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