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Critical Mineral Resources PLC (CMR) announced that all resolutions were passed at its general meeting held yesterday. The Company subsequently issued 56,896,552 new ordinary shares at 1.45 pence per share to Gilini Holdings Ltd as part of a Second Tranche Investment. Following this issue, CMR's enlarged issued share capital is 192,288,051 ordinary shares.
| Date | 18 Jun 2025 |
| Time | 09:43:25 |
| Category | AGMs and other meetings |
| ID | 3721N |
The Board of Critical Mineral Resources PLC announces that at the general meeting of the Company held yesterday all resolutions were duly passed.
Further to the announcement of the Company on 23 May 2025, the Company has issued 56,896,552 new ordinary shares at a price of 1.45 pence per share, as part of the Second Tranche Investment by Gilini Holdings Ltd ("Second Tranche Shares"). Following the issue of shares the enlarged issued share capital of the Company will be 192,288,051 ordinary shares of 1p each. Each ordinary share carries the right to one vote. The Company does not hold any shares in treasury.
The 192,288,051 number may be used by shareholders for determining if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.
The Company will confirm when the application for the Second Tranche Shares will be made for trading on the main market for listed securities of the London Stock Exchange, in a subsequent announcement.
-ENDS-
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Critical Mineral Resources PLC Charles Long, Chief Executive Officer |
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Novum Securities Jon Belliss |
+44 (0) 20 7399 9425 |
Notes To Editors
Critical Mineral Resources (CMR) PLC is an exploration and development company focused on developing assets that produce critical minerals for the global economy, including those essential for electrification and the clean energy revolution. Many of these commodities are widely recognised as being at the start of a supply and demand supercycle.
CMR is building a diversified portfolio of high-quality metals exploration and development projects in Morocco, focusing on copper, manganese and potentially other critical minerals and metals. CMR identified Morocco as an ideal mining-friendly jurisdiction that meets its acquisition and operational criteria. The country is perfectly located to supply raw materials to Europe and possesses excellent prospective geology, good infrastructure and attractive permitting, tax and royalty conditions. In 2023, the Company acquired an 80% stake in leading Moroccan exploration and geological services company Atlantic Research Minerals SARL.
The Company is listed on the London Stock Exchange (CMRS.L). More information regarding the Company can be found at www.cmrplc.com