Critical Metals plc said it had signed a non-binding heads of terms for the possible 57% acquisition of Molulu copper-cobalt project in the Democratic Republic of Congo. The mining investment company signed the deal with Madini Occidental Ltd (MO), which will hold a 70% beneficial interest in a Small Scale Mining Licence (Permis d’Exploitation de […]
Tag: Critical Metals plc
Critical Metals raises £20,000 through warrant exercise
Critical Metals plc has received £20,000 after receiving warrant exercise notices to subscribe for 200,000 new ordinary shares of £0.005 each in the company. The warrant shares were issued pursuant to the exercise of 200,000 warrants over ordinary shares at an exercise price of 10 pence per ordinary share.
Critical Metals eyes new ventures after losses widen
Critical Metals plc announced an increase in losses during 2020 but remained confident of progress this year with potential opportunities. EVALUATION Results for H2 2020 showed a net loss of £152,111 compared with £17,437 for the same period in 2019. The group had cash reserves of £630,148 (2019: £34,342) and raised £800,000. In September 2020 it listed […]