MTM Critical Metals Clarifies Performance Rights Issuance

Mt Monger Resources Ltd. ( (AU:MTM) ) has issued an announcement.

MTM Critical Metals Limited announced a procedural clarification regarding the issuance of 30 million performance rights to Mr. Steven Ragiel, which temporarily exceeded its placement capacity under ASX Listing Rule 7.1. The company has canceled these rights and will seek shareholder approval to reissue them at an upcoming general meeting. This proactive measure ensures compliance with ASX regulations and demonstrates MTM’s commitment to maintaining transparent and responsible governance practices.

More about Mt Monger Resources Ltd.

MTM Critical Metals Limited is a company listed on the ASX and OTCQB, with operations in Perth, Australia, and Texas, USA. It specializes in advanced metal recovery technologies, holding exclusive rights to the Flash Joule Heating technology developed at Rice University. This technology enhances metal recovery and mineral processing, offering a more economical and environmentally friendly alternative. MTM also holds exploration assets for niobium, rare earth elements, and gold in Western Australia and Québec.

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Technical Sentiment Signal: Buy

Current Market Cap: A$158.2M

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