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Critical Resources Director Increases Indirect Equity Stake Through Placement

Story Highlights
  • Critical Resources director Timothy Wither has updated his disclosed direct and indirect holdings in the company’s securities.
  • Wither acquired 5 million shares and 1.25 million options via a shareholder-approved placement, lifting his indirect equity exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Critical Resources Director Increases Indirect Equity Stake Through Placement

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Critical Resources Ltd ( (AU:CRR) ) has provided an announcement.

Critical Resources Limited has disclosed a change in director Timothy Wither’s interests in the company’s securities, reflecting both direct and indirect holdings. The notice details his existing options and his indirect holdings through spouse ML Teale, underscoring the transparency required for director-related share movements on the ASX.

Following an issue of placement shares and unlisted options approved by shareholders on 20 March 2026, Wither acquired 5,000,000 ordinary shares for $50,000 and 1,250,000 free attaching options. As a result, his indirect holdings increased to 20,250,000 ordinary shares and 31,250,000 options, signalling greater director alignment with shareholders via additional equity exposure.

The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.

More about Critical Resources Ltd

Critical Resources Limited is an Australian-listed company, with its shares traded on the ASX. The business operates in the resources sector, with activities and governance overseen by a board that includes director Timothy Wither, who holds both direct and indirect interests in company securities.

YTD Price Performance: -9.09%

Average Trading Volume: 5,250,744

Technical Sentiment Signal: Sell

Current Market Cap: A$22.18M

For detailed information about CRR stock, go to TipRanks’ Stock Analysis page.

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