CMR Bolsters Funding for Mineral Exploration

Caerus Mineral Resources Plc (GB:CMRS) has released an update.

Critical Mineral Resources PLC (CMR), a Morocco-focused exploration and development company, has successfully raised an additional £100,000 through a convertible loan note issue, bringing the total funding to £1,000,000. This financial move, complemented with the issuance of 1,090,909 warrants for associated fees, supports CMR’s efforts in tapping into the supply-demand supercycle for critical minerals essential for the clean energy revolution. The company is enhancing its portfolio in Morocco with a strategic focus on copper, manganese, and other critical minerals, leveraging the country’s mining-friendly environment.

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