Critical Resources Raises $1.1M for Exploration Expansion

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

Critical Resources Ltd has successfully raised $1.1 million through a placement of 275 million shares at a price of $0.004 each, along with options, to fund exploration activities and evaluate potential new projects. The funds will support exploration at the Halls Peak project, where recent data suggests promising conditions for antimony-gold mineralization, enhancing the company’s prospects in the New England Fold Belt region.

More about Critical Resources Ltd

Critical Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include antimony and gold, with a market focus on expanding its asset portfolio globally.

Technical Sentiment Signal: Buy

Current Market Cap: €7.13M

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