Critical Mineral Resources plc has issued an aggregate 2,243,778 new ordinary shares to settle fees and interest on debt. TVRs The company issued 1,955,556 new ordinary shares to certain service providers to settle outstanding fees of £44,000. A total of 288,222 new ordinary shares were also issued to convert interest on debt, following notice from […]
Tag: Critical Mineral Resources plc
Critical appoints Géraud Moussarie as chairman
Critical Mineral Resources plc has appointed Géraud Moussarie as chairman of the board. Mr Moussarie is a seasoned executive with international experience in leading multi-country commercial and stakeholder programmes. He has additionally advanced large-scale energy, infrastructure and natural resources projects across North and West Africa. While working for BP, Mr Moussarie’s roles including senior commercial […]
Critical Mineral chairman resigns
Critical Mineral Resources plc executive chairman Dominic Traynor has resigned “to pursue other ventures”. “The company wishes him the very best in his future endeavours,” said Critical Mineral. “Dominic has been a key part of CMR since its inception, and his guidance on both corporate matters and strategy have been invaluable during this time.” Chief […]
Critical Mineral issues fundraise shares
Critical Mineral Resources plc has issued 129,999,995 new ordinary shares of £0.01, following publication of a Financial Conduct Authority approved prospectus, in relation to last month’s £2.9m fundraise. TVRs The shares will be admitted to trading alongside the 56,896,552 ordinary shares issued, but not admitted, in connection with the second tranche investment during the first […]
Critical Mineral raises £2.925m
Critical Mineral Resources plc has raised £2.925 million via a placing and subscription for an aggregate 129,999,995 new ordinary shares, at a price of 2.25 pence per share. PROSPECTUS The placing of 108,888,885 new ordinary shares raised gross £2.45m, while the subscription of 21,111,110 new ordinary shares with a strategic major shareholder raised £475,000. Each […]
Critical Mineral finds visible copper in drill core
Critical Mineral Resources plc has found visible copper mineralisation in the first drill core, produced from a depth of 30 metres, at Zone 1 North, on the Agadir Melloul project in central Morocco. RHYOLITE The company’s own Multi-Power Discovery HD rig has begun drilling at the next pad, with assays expected in early February. Chief […]