Finance Metals & Minerals News

Critical Mineral issues 56.9m shares for funding

Critical Mineral Resources plc has issued 56,896,552 new ordinary shares at a price of 1.45 pence per share, as part of the second tranche investment by Gilini Holdings Ltd.

Interests: copper, manganese and silver exploration and development (Pixabay)

MOROCCO

Critical Mineral secured the overall £2.5 million investment in March 2025 and was due to receive the second tranche of £1,325,000 during Q2 2025.

Following the shares issue, the company’s enlarged issued share capital will be 192,288,051 ordinary shares of one pence each, with voting rights.

Critical Mineral does not hold any shares in treasury.

The company holds copper, manganese and silver exploration and development interests in Morocco.