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Caerus Mineral Resources Plc ( (GB:CMRS) ) has provided an announcement.
Critical Mineral Resources PLC announced the successful passing of all resolutions at its recent general meeting and the issuance of 56,896,552 new ordinary shares at 1.45 pence per share as part of a Second Tranche Investment by Gilini Holdings Ltd. This issuance increases the company’s total share capital to 192,288,051 ordinary shares. The company will provide further updates regarding the trading of these new shares on the London Stock Exchange. This development reflects CMR’s ongoing efforts to strengthen its financial position and expand its operations in the critical minerals sector, potentially impacting its market presence and stakeholder interests.
More about Caerus Mineral Resources Plc
Critical Mineral Resources PLC is an exploration and development company focused on producing critical minerals essential for electrification and the clean energy revolution. The company is building a diversified portfolio of metals exploration and development projects in Morocco, with a focus on copper, manganese, and other critical minerals. Morocco is chosen for its mining-friendly environment, strategic location to supply Europe, and favorable geological and regulatory conditions.
Average Trading Volume: 715,631
Technical Sentiment Signal: Sell
Current Market Cap: £1.62M
For an in-depth examination of CMRS stock, go to TipRanks’ Overview page.