Critical Mineral Resources plc has conditionally raised approximately £250,000 before expenses via a placing. KM SECURITIES The placing comprised 12,242,252 new ordinary shares in the company and 8,018,646 treasury shares, at a price of 1.25 pence per new ordinary share. KM Securities Pty Ltd, in which Critical Minerals non-executive director Russell Thomson is 50% shareholder, acquired 2 […]
Tag: Morocco
Critical Mineral adds 26 permits to Morocco portfolio
Critical Mineral Resources plc has added 26 exploration permits, prospective for copper, antimony, tungsten, lead-zinc and gold, to its Morocco portfolio. INFRASTRUCTURE The new permits were secured through an all-share acquisition of Hesperis Resources SARL, of which the company’s new chief operating officer Noureddine Sabraoui is a 25% beneficial owner. Sixteen of the permits lie […]
CMR sets up Morocco ‘incubator portfolio’
Critical Mineral Resources plc (CMR) has started its Moroccan acquisitions with an “incubator portfolio” and a binding deal for an advanced copper-silver project. DISTINCT PROJECTS The company said it had identified a number of open areas prospective for copper, silver, manganese and barite while it continues fieldwork on prospective areas. Local subsidiary Atlantic Research Minerals […]
CMR condolences on Morocco earthquake
Critical Mineral Resources plc has offered its condolences to those affected by the earthquake in Morocco. “The company was deeply saddened to hear the news of the earthquake that occurred in Morocco on Friday, 8 September and expresses its condolences to all those affected,” said the company in a statement. “CMR will be supporting and […]
Predator extends sympathy over Morocco earthquake
Predator Oil & Gas Holdings plc has extended its sympathy to those affected by the earthquake on 8 September in Morocco. The earthquake struck below villages in the High Atlas mountains south of Marrakesh, with some 2,500 to date reported killed. “The company is terribly sorry to have received the news Friday night and over […]
Caerus changes name to Critical Mineral Resources
Caerus Mineral Resources plc has changed its name to Critical Mineral Resources plc, effective from today. Chief executive officer Charlie Long said that the new name reflected the company’s evolved strategy. The company, whose market ticker will remain CMRS, recently entered the Moroccan battery metals sector.