Namibia Critical Metals Plans $450,000 Private Placement

Namibia Critical Metals Inc (TSE:NMI) has released an update.

Namibia Critical Metals Inc. has announced a private placement aiming to raise up to CDN$450,000 by offering units priced at $0.035 each, which includes one common share and one-half warrant. Bannerman Energy Ltd. plans to participate significantly, maintaining its ownership stake in the company. The proceeds will support general corporate purposes, pending approval from the TSX Venture Exchange.

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