Finance Metals & Minerals News

CMR converts £33,000 CLN into shares

Critical Mineral Resources plc has received notice to convert the principal amount of a convertible loan note plus accrued and unpaid interest for a total £33,000.

The Morocco-focused company issued 1,462,926 new ordinary shares of £0.01 each and allotted 1,537,074 treasury shares of £0.01 each, for a total three million ordinary shares.

Following admission, CMR’s enlarged issued share capital will comprise 85,330,028 ordinary shares, of which the company holds 1,129,592 are in treasury and is not permitted to exercise the attached voting rights.

Total voting rights calculations should be based on the figure of 84,200,436.