Source - LSE Regulatory
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

Charles Long, Chief Executive Officer

info@cmrplc.com

 

Novum Securities

Jon Belliss

+44 (0) 20 7399 9425

Hudson Sandler (Financial PR)

Charlie Jack

+44 (0) 207 796 4133

 

* 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

 

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