Critical Minerals Group Completes $2.5M Fundraise

Critical Minerals Group Ltd. (AU:CMG) has released an update.

Critical Minerals Group Ltd. successfully closed its $2.5 million Entitlement Offer, with trading of the new shares set to begin on August 29, 2024. The company’s shareholders displayed robust support, subscribing to approximately 69% of the offered shares, while the remainder was allocated under the Shortfall Facility and to the underwriter, Morgans. These funds will support the company’s growth initiatives at a pivotal development stage.

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