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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Critical Metals Plc | LSE:CRTM | London | Ordinary Share | GB00BJVR6M63 | ORD GBP0.005 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.15 | -3.00% | 4.85 | 4.70 | 5.00 | 4.85 | 4.85 | 4.85 | 0.00 | 08:00:20 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 0 | -2.7M | -0.0415 | -1.20 | 3.26M |
TIDMCRTM
RNS Number : 4464Y
Critical Metals PLC
13 May 2021
Critical Metals plc / EPIC: CRTM / Market: Main Market / Sector: Closed End Investments
13 May 2021
Critical Metals plc ("Critical Metals" or the "Company")
Exercise of Warrants and Issue of Equity
Critical Metals plc, a mining investment company established to acquire mining opportunities in the critical and strategic metals sector , is pleased to announce that it has received warrant exercise notices to subscribe for 1,350,000 new ordinary shares of GBP0.005 each in the Company ("Ordinary Shares") (the "Warrant Shares").
The Warrant Shares are being issued pursuant to the exercise of 1,350,000 warrants over Ordinary Shares at an exercise price of 10 pence per Ordinary Share for total gross proceeds of GBP135,000.
Russell Fryer, CEO of Critical Metals, commented:
"Receiving notices of further, including one significant, exercise of warrants is very encouraging as we continue on the journey of pursuing acquisition opportunities in the natural resources sector. I am continually grateful for the support we are receiving."
Admission and Total Voting Rights
Application has been made for the 1,350,000 Warrant Shares to be admitted to the standard segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange, and admission of the Warrant Shares is expected to occur on or around 18 May 2021 ("Admission"). The Warrant Shares will rank pari passu with the existing Ordinary Shares.
For the purpose of the Disclosure and Transparency Rules, following Admission the enlarged issued share capital of the Company will comprise 41,659,735 Ordinary Shares. The Company does not hold any shares in treasury. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.
**ENDS**
For further information on the Company please visit www.criticalmetals.co.uk or contact:
Russell Fryer Critical Metals plc Tel: +44 (0)20 7236 1177 Rory Murphy / Strand Hanson Limited Tel: +44 (0)20 James Bellman Financial Adviser 7409 3494 Lucy Williams Peterhouse Capital Limited, Tel: +44 (0)20 / Corporate Broker 7469 0936 Heena Karani Tel: +44 (0)20 7469 0933 Catherine Leftley St Brides Partners Ltd, Tel: +44 (0)20 / Charlotte Hollinshead Financial PR 7236 1177
About Critical Metals
Critical Metals was formed as an investment company and intends to make equity investments into operators or near-term production operators within the natural resources development and production sector in the continent of Africa. It is envisaged that such acquisition or acquisitions will trigger a reverse takeover in accordance with the listing rules. The Company intends to search initially for acquisition opportunities in the natural resources sector on known deposits and more specifically minerals that are perceived to have strategic importance to future economic growth. Commodities such as antimony, beryllium, cobalt, copper, fluorspar, gold, rare earth elements, tin, tungsten, titanium, and vanadium have been identified by several governments as "critical minerals" and so guaranteeing supplies is seen as a strategic necessity. The Company therefore believes that the market conditions for these minerals will remain strong in the short-to-long term.
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May 13, 2021 02:00 ET (06:00 GMT)
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