Business
Exercise of Warrants and Term Extension-Correction
Exercise of Warrants and Term Extension-Correction.
About this update from Critical Metals Plc
[{"type":"text","content":"\n\nCritical Metals plc / EPIC: CRTM / Market: Main Market\n \n18 September 2023\nCritical Metals plc\n(\"Critical Metals\" or the \"Company\") \nExercise of Warrants and Warrant Term Extension - Correction\nCritical Metals plc, a mining investment company established to acquire mining opportunities in the critical and strategic metals sector, refers to the announcement dated 11 September 2023 - Exercise of Warrants and Warrant Term Extension whereby it was incorrected stated that the admission of the Warrants Shares is expected to occur on or around 21 March 2023, this should in fact be - on or around 20 September 2023.\n \n**ENDS**\nFor further information on the Company please visit www.criticalmetals.co.uk or contact: \n \n\n\n\nCritical Metals plc\nRussell Fryer, CEO\n\n\n \nTel: +44 (0)20 7236 1177\n\n\n\n\nPeterhouse Capital Limited\nCorporate Broker\nLucy William / Charles Goodfellow\n \n\n\n \n \nTel: +44 (0)20 7469 0936 / +44 (0)20 7220 9797\n \n\n\n\n\nSt Brides Partners Ltd\nFinancial PR\nCatherine Leftley /Ana Ribeiro/Isabelle Morris\n \n\n\n \n \nTel: +44 (0)20 7236 1177\n\n\n\n \nAbout Critical Metals\n Critical Metals PLC has acquired a controlling 100% stake in Madini Occidental Limited, which holds an indirect 70% interest in the Molulu copper/cobalt project, an ex-producing medium-scale asset in the Katangan Copperbelt in the Democratic Republic of Congo. In line with its investment strategy of focusing primarily on known deposits, targeting projects with low entry costs and the potential to generate short-term cash flow; the Company intends to produce 120,000t/per annum of Copper Oxide Ore.\nThe Company will continue to identify future assets that are in line with its stated acquisition objective of low CAPEX and OPEX projects with near-term production, concentrating on minerals that are perceived to have strategic importance to future economic growth and generate significant value for shareholders.\n \n\n","length":4715,"tagName":"div"}]