Critical Metals plc / EPIC: CRTM / Market: Main Market
18 September 2023
Critical Metals plc
("Critical Metals" or the "Company")
Exercise of Warrants and Warrant Term Extension - Correction
Critical 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.
**ENDS**
For further information on the Company please visit www.criticalmetals.co.uk or contact:
|
Critical Metals plc Russell Fryer, CEO |
Tel: +44 (0)20 7236 1177 |
|
Peterhouse Capital Limited Corporate Broker Lucy William / Charles Goodfellow |
Tel: +44 (0)20 7469 0936 / +44 (0)20 7220 9797 |
|
St Brides Partners Ltd Financial PR Catherine Leftley /Ana Ribeiro/Isabelle Morris |
Tel: +44 (0)20 7236 1177 |
About Critical Metals
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.
The 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.