Finance Metals & Minerals News

CMR receives £462,474 via CLNs

Critical Mineral Resources plc has secured an additional £462,474 through the issue of convertible loan notes, following the £2.5 million investment earlier this month.

The CLNs are convertible into ordinary shares in the company at £0.0145 per share, accruing interest of 5% per annum.

CMR, focused on silver, copper and manganese in Morocco, will receive the investment in tranches from Galini Holdings Ltd.