New Convertible Loan Note Facility

Critical Metals plc / EPIC: CRTM / Market: Main Market

3 July 2026

Critical Metals plc

("Critical Metals" or the "Company") 

New Convertible Loan Note Facility

Critical Metals plc (LSE:CRTM), a mining company established to acquire mining opportunities in the critical and strategic metals sector, which operates the Molulu Copper/Cobalt Project ("Molulu") in the Democratic Republic of Congo, announces that it has agreed with NIU Invest SE ("NIU"), the Company's majority shareholder, that it will subscribe for £2,500,000 convertible loan notes under a new convertible loan note instrument ("CLN Instrument") on similar terms to the £2,100,000 convertible loan instrument that the Company created in December 2025 ("2025 CLN Instrument").  The Company has not issued all of notes under this instrument and the remaining notes will be subscribed for by NIU at par by the end of September 2026.  The funds raised under the CLN Instrument and the 2025 CLN Instrument is intended to provide the Company with the capital it needs for at least the next 12 months and will be used to explore acquisition opportunities in the mining sector, fund exploration and/or production activities at Molulu and for general working capital.

On 3 July 2026 NIU agreed to subscribed for £2,500,000 of convertible loan notes issued under the 2025 CLN Instrument at par at the following times:

(i)         £1,100,000 on or before 31 December 2026;

(ii)        £1,000,000  on or before 31 May 2027; and

(iii)       £400,000 to applied to repay the sums due under the facility provided to the Company by NIU in July 2025.

The main terms of the 2025 CLN Instrument is as follows:

·    Mature on 18 month from issue of the relevant notes;

·    Interest at 10% per annum, payable on maturity;

·    Are convertible into ordinary shares of the company at a conversation price of 10.25 per Ordinary Share of £0.0005 each in the capital of the Company ("Ordinary Shares"), which is the same conversion price as under the CLN instrument; and

·    May be redeemed at the noteholder's option at any time subject to certain restrictions and will be repayable in cash at the end of the term.

·    There are certain customary events resulting in immediate redemption related to solvency type issues.

The issue of the notes under the 2025 CLN Instrument to NIU is a material related party transaction for the purposes of DTR 7.3.6 due to NIU's shareholding in the Company representing in excess of 60.00% of the issued Ordinary Shares.

 Danilo Lange, CEO of Critical Metals, said: "We are pleased to have secured a further commitment from NIU to provide capital to help us develop the Company's business."

**ENDS**

For further information on the Company please visit www.criticalmetals.co.uk or contact:  

About Critical Metals

London listed Critical Metals plc is focused on identifying low CAPEX and OPEX brown-field projects with near-term production and cash-flow, concentrating on minerals that have strategic importance to future global economic growth.  In line with this, and with an off-take partner already in place, the Company is currently focused on recommencing production at the formerly producing Molulu Copper/Cobalt Project in the Katangan Copperbelt in Democratic Republic of Congo ('DRC').