Citius Resources Share Chat (CRES)

Following the resolutions passed at the Citius Resources plc AGM yesterday, the Company will change its name to "Harena Resources Plc" once Companies House has issued a new certificate of incorporation reflecting the change of name. The Company's TIDM has now changed to HREE.

HEAD OVER to the HREE share pages to carry on the conversation > https://www.lse.co.uk/ShareChat.html?ShareTicker=HREE&share=Citius-Res

Https://www.lse.co.uk/SharePrice.html?shareprice=HREE&share=Citius-Res

20th Mar 2025 12:00 pm RNS Result of AGM

Citius Resources plc (to be re-named Harena Resources plc)

("Harena" or the "Company")

Result of Annual General Meeting

Citius Resources plc is pleased to announce that at the Company's Annual General Meeting held earlier today, all resolutions proposed, including the special resolutions, were duly passed. Accordingly, the proposals set out in the Prospectus dated 26 February 2025 are now expected to complete, conditional on Admission, at 8.00 a.m. on 21 March 2025.

Change of Name

The Company's change of name to "Harena Resources Plc" will take place once Companies House has issued a new certificate of incorporation reflecting the change of name. The change of name is expected to become effective imminently and the Company will make a further announcement following the completion of the change of name. The Company's TIDM will change to HREE immediately.

The Company's website will remain www.citiusresources.co.uk until the change of name has taken effect.

Application for Admission and Total Voting Rights

Following Admission, the Company will have 413,884,352 Ordinary Shares in issue. In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 413,884,352 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.

The Company ISIN remains GB00BMGRFP88.

Results from the GM

All resolutions were duly passed. A summary of the votes received for the General Meeting will be made available on the Company's website at www.citiusresurces.co.uk

Contact

Harena Resources

Joe Belladonna/Allan Mulligan

+44 (0)1624 681 250

Tavira Financial

Jonathan Evans/Oliver Stansfield

+44 (0)20 7330 1833

Flowcomms IR

Sasha Sethi

+44 (0) 7891 677 441

https://www.lse.co.uk/rns/CRES/result-of-agm-uoo7wjz54inhvax.html

Should be back trading on Friday assuming GM approval gets granted tomorrow

Rigoll rides again Hold on tight punters😇

"About us

Harena Resources is a private Australian natural resources company that is strategically positioned to supply critical rare earths into Western supply chains for renewable energy production.

At Harena we are focused on advancing the Ampasindava Rare Earths Ionic Clay Project in Madagascar. Ampasindava is on of the largest ionic clay deposits outside China and is development-ready. The resource is characterised by high concentrations of magnet metals.

Operating sustainably and with respect are core to how we do business. Our plans take into account Madagascar’s biologically diverse and sensitive environment and the local communities that have limited opportunities for economic advancement.

Our mining operation will be similar to earthworks utilising simple heap leach extraction methods, and we will rehabilitate as we mine. We plan to move 3-4m of topsoil and plants to the side for ~4 months to access the 5-12m clay horizon beneath. The clay will be processed on site in an environmentally contained heap leach operation, using sea water and modest pH solution to extract the valuable rare earths. The high value, low volume concentrate will be shipped from existing port infrastructure. Washed waste will refill the cavity with the topsoil and plants returned.

The project will employ local community members, many of whom have worked in the mining industry for years. Local communities and Madagascan Authorities are supportive of Harena’s Team and our plans.

Key Project Metrics:

• Ni 43-101 resource of 628mt @ 895ppm TREO prepared by SGS Canada, and updated in March 2022

• Behre Dolbear independently valued the project at US$48.1m (Circa A$70m) in September 2017 and rare earth prices have significant appreciated since then.

• Mine life 50 years +

Pre-IPO Plans

• Convert Ni-101 to JORC 2012, a view to high-grade production for the first 10 to 15 years of operation

• Re-do the valuation using 2023 rare earths prices"

https://www.linkedin.com/company/harenaresources

"Maybe you could share with those same investors evidence of a Rare Earth Ionic Clay Project outside of China that is in production? There must be one, as you are very confident that this is a ten-bagger."

David,

Surely it should be the other way round: i.e. lack of competing rare earths projects outside of China highlight the scarcity value of Harena's planned production.

And similarly re the lack of competing rare earths investment opportunities: the only other UK listed mining stock I'm aware of with a rare earths JORC resource is RBW.

So where else are investors who want this sort of exposure going to go?

The economics of the project look attractive, so the fact that they weren't in the past - when rare earths demand and prices were much lower than now - is irrelevant.

No skin in this game. I am just attempting to pass on publically available information to prospective investors so that they don't lose out in the same way investors did when this was listed twice before.

Maybe you could share with those same investors evidence of a Rare Earth Ionic Clay Project outside of China that is in production? There must be one, as you are very confident that this is a ten-bagger.

Remember readers, D.H. also stands for "Divide by Hundred".

I.e. one part truth, 99 parts untruth.

According to D.H. apparently, the Financial Conduct Authority, and the investors of £1.35M. into CRES-Harena, have been the victims of a massive fraud here!

But not one apparently that he is making any attempt to report, as opposed to mouthing off on a bulletin board!

This is obviously a complete nonsense, and I doubt that anyone sensible will be taken in by it.

Especially considering his complete absence of any posting track record.

In contrast, CRES's CEO Cameron Pearce was also the head of shell company BRES (Blencowe Resources), which has been making impressive progress since its RTO a few years ago.

The project has lost its permit. It is held via a court-ordered pledge by a creditor, and they haven't disclosed this in the prospectus. Even if they were able to repay that creditor at a cost of Millions of Dollars, the permit lapsed in 2021 and ceased permanently in October 2024. But sure, let's talk about how many holes they have dug! The holes, btw, were a source of massive environmental complaints and featured prominently in the articles exposing the project and the documentary. that aired on national television.

davidhoyer posts: 4 price: 3.00 no opinion

re: harena today 11:19

" ...that the previous owners spent some money drilling a few holes and somehow that has value is slightly far-fetched to me! ..."

david,

the fact that you should describe a few hundred drill holes as just "a few holes" suggests that you have an agenda here to twist-misrepresent facts, and mislead people.

"harena resources all set to become london’s only listed ionic clay rare earths company

13:18, 26th february 2025

" ... that jorc 2012 compliant resource estimate followed on from around us$20 million of spend on the project, undertaken by former owners. amongst other things, work thus far completed includes 4,500 test pits and 359 drill holes. ..."

https://www.**********.co.uk/articles/harena-resources-all-set-to-become-london-s-only-listed-ionic-clay-rare-earths-company-226d211/

so your initials d.h. can also stand for "divide by hundred"!

i.e. one part truth, 99 parts untruth.

I have no idea why the hyperlinks are blocked, but you can Google Le Monde, The Singapore Stock Exchange, Mongobay, the local advocacy groups, etc. to see the environmental risks. You can Google the Mada Mining registry to see that Harena has not paid its permit fees for the last few years. You can google the new Mada Mining Laws to figure out if they are not eligible for an extension or, indeed, an upgrade.

As for the suggestion that this is born out of some sort of FOMO, if that were the case, I would try to invest. I am simply concerned that another round of investors will be duped into funding insiders' attempts to exploit this project. That the previous owners spent some money drilling a few holes and somehow that has value is slightly far-fetched to me! As their failures demonstrate, they were not good custodians of other people's money.

Thanks for your reply.

You did not address the fact that the permit expired in 2021, and Harena has not paid the license fee since then. Hopefully link to the public record below gets through this time. You should also note that folowing the change to Mada mining laws, failure to pay all outstanding dues (c$200k in Harena's case) by October 2024 means an immediate forfeiture of a permit.

Link:

Link:

You did not address that a creditor that Harena owes several million USD has a pledge on the permit. Not that the permit has any value but no permit = no project.

You did not address the fact that this project has wiped out shareholders twice before, with the Singapore case ending in arrests!

Link:

As for the environmental claims, I can assure you, as someone who has spent time in Mada, that it is a very big deal! A documentary aired on National TV, and there were local advocacy groups. An article appeared in Le Monde. Hopefully, the links below get through this time.

To my mind there is hope in hell that the project will be given a permit. The eco-tourism industry is far more important to Mada than a singular high-risk mining project.! It will never be produced until there is a safe (i.e. super expensive) way to leach rare earths. The concentrations are so low that the costs will always be high. There is a reason no ionic clay project is produced outside of China.

Link:

"Harena Resources

750 followers

2d

#HREE Harena Resources is advancing towards its #LSE listing in March!

Developing the Ampasindava Rare Earth Project in Madagascar

RTO of #CRES completed

Offtake deal secured with US-based United Rare Earths

Watch SmallCapPix interview with CEO Joe Belladonna: https://lnkd.in/dsTdgj_K "

https://www.linkedin.com/company/harenaresources

"Harena Resources, advancing the Ampasindava Rare Earths Ionic Clay Project in Madagascar"

"51 views 10 Jan 2025

Harena Resources listing on the UK stock market shortly are advancing the Ampasindava Rare Earths Ionic Clay Project in Madagascar. Ampasindava is one of the most significant Ionic Clay Rare Earths deposits in the world outside of China and Harena is moving quickly to develop this resource."

https://www.youtube.com/watch?v=rBXcQ7v4VJE

"Harena Resources

750 followers

1w

Why is Harena's investment case so strong? Good Timing!

#RareEarth demand is forecast to increase as #CleanEnergy and #DefenseIndustry applications continue to drive demand for #CriticalMinerals. A diverse global supply chain less sensitive to geopolitical tensions is crucial, especially as RE supply is set to shift from a surplus to a deficit

Harena's Investment Case

GOOD TIMING

- REE demand is forecast to increase

- REE supply continues to be dominated by China

- REE prices expected to rise, fuelled by geopolitical and supply tension trade"

https://www.linkedin.com/company/harenaresources

It's also crucial, David, to appreciate just how very cyclical the mining industry and commodities are: so timing is 'everything'.

There have been cases, e.g. GGP (Greatland Gold) and EUA (Eurasia Mining), of mining stocks multibagging, crashing by c. 99%, and then hundred-bagging!

So the fact that it wasn't the right time in the past for Harena's project doesn't mean that it isn't now.

I sympathise with the losses of historical investors here (& perhaps you were one yourself?), but they need to take responsibility for their own poor market timing, and learn from it.

And for new investors, these past losses help to explain why we can buy into such an advanced and exciting project so cheaply. Because of the large amounts of historical expenditures here that aren't reflected in the current valuation. In effect, new investors here are getting a 'free ride' on the losses of past investors: so lucky us!

As well as timing, London looks like a more appreciative market for this project than Germany or Singapore.

And as ever, quality of management is a very important factor, and this team certainly looks very impressive.

David,

Harena's project isn't highly contentious – it it was, I doubt that it would have been able to get to this quite advanced stage. I wouldn't even say that it's contentious as such, as the environmental concerns etc. look nothing other of the ordinary for a project of this type.

Madagascar needs to develop its resources to help its economy and people, so it's in the country's best interests for this project to go ahead.

And all the required information has been set out in the prospectus, and approved by the Financial Conduct Authority, for Harena Resources to float on the main market of the London Stock Exchange. That is a difficult hurdle to pass, with lots of hoops to jump through, especially as the application-approval process has been tightened up considerably in recent years.

Furthermore, the strategic investors putting in £1.35M. will have done their due diligence, and satisfying themselves re Harena's licensing-permitting situation would have been a key requirement. You don't provide a link or quote for your accusation to help others to assess it. And you haven't contacted the company to clarify the situation before posting here. So you may have simply misunderstood the situation, &/or info. may be out of date.

As regards Tirupati Graphite (TGR): it floated at 45p on 14.12.20, market cap. £33.64M., and in June 2021 traded at over 150p. So I wouldn't call a farily rapid more than trebling of your money a disaster: and pre-IPO investors were sitting on even bigger gains. Though the TGR s.p. has since fallen back massively, early investors using a sensible gain lock system to protect huge gains would have done very well.

TGR is also very different to Harena Resources, in multiple ways:-

• Harena's project is not a mine, but a mining project, which is a huge difference.

- The advanced pre-mining stage Harena is at is actually less risky than operating a mine, which is fraught with difficulties.

• TGR's commodity, graphite, is not as favoured by investors as rare earths.

• TGR floated as a hybrid mining-technology company (the tech in India), so was very exposed to the tech sector crash.

• TGR now has mining operations in two countries (Mozambique as well as Madagascar).

• TGR's management has been very questionable.

So the only real common factor is Madagascar: but the country of Madagascar per se hasn't been the cause of TGR's problems.

Rainbow Rare Earths (RBW) is a good comparator for Harena Resources.

And over the last five years RBW's s.p. has c. four-bagged: from c. 2.5p to 10.375p, market cap. £66.3M.

And indeed RBW topped 20p in early 2021.

https://www.rainbowrareearths.com/

The project was also the subject of a documentary that was aired on National Television in Madagascar. There is also an activist group of locals that lobby against the proposed mine and the proximity of the project to Nosy Be, a key tourist attraction, also appears to worry many.

Le Monde: [LINK REMOVED]

Foreign Policy in Focus: [LINK REMOVED]

Mongobay: [LINK REMOVED]

To date only projects that have extracted Rare Earths in scale from ionic clay have been in China. This has been the source of immense environmental damage because leaching is the only way to separate REE from clay. the concentrations of REE are tiny so an enormous amount of clay needs to be separated which entails enormous environmental risk, particularly in areas with high rainfall, poor infrastructure and vulnerable local populations. "TREM planned to export 10,000 tons of rare earths per year for more than 40 years, so the waste generation would be an estimated 400 million tons of contaminated water and 800 million tons of toxic waste over the life cycle of the mine. To avoid contamination, TREM would have to store the sludge in completely watertight compartments strong enough to withstand heavy rains and bad weather. Northern Madagascar experiences rainfall in excess of 2,000 millimeters per year. There is therefore a high risk of leaks or overflows from the storage sites, which would lead to changes in the acidity and siltation of nearby rivers.

The only other Madagscar project in London is Tirupati Graphite. Despite being far more advanced and far less contentious than Harena’s Project it has been a disaster for investors so please tread carefully.

I have read the prospectus for the impending reverse takeover of Citius Resources by an Australian company called Harena, see here:

[LINK REMOVED]

I appreciate that shareholders would love to see something positive happen but I don’t think this is going to be it.

Firstly, the underlying project, a highly contentious Rare Earth Project in Madagascar, has been listed twice before. On both occasions the listings ended up wiping out shareholders. The first listing was in Germany Tantalus) and the second listing was in Singapore (Reenova). The liquidators of Reenova in a release to the Singapore Stock Exchange on 23 May 2023 stated that they viewed the project as worthless:

SGX: [LINK REMOVED]

“The value of the shares in the project have been completely written-off, due to the fact that the exploration license PR 6698 granting the exclusive rights for prospecting and research in the Rare Earth Project expired on 5 November 2021 and that there is currently no confirmation from the Ministry of Mines and Strategic Resources of Madagascar that an extension would be granted; and the application for the full mining license (Permis de Exploitation) to the Madagascar Mining Cadastral Office (Bureau du Cadastre Minier de Madagascar) in relation to the Rare Earth Project is still pending and there is currently no confirmation that the license would be granted”

Secondly, the Mining code in Madagascar was changed in 2023 and any company that did not pay for previous years permitting fees by October 2024 would be ineligible to re-apply for a new permit. Harena has failed to do according to the public ledger: [LINK REMOVED]

Thirdly, there are rumours that a creditor in Madagascar holds a valid Court mandated Pledge against the Permit and is owed a considerable amount of money by Harena. Harens deny this in their prospectus, text below, but investors should be wary:

“In April 2023, the Company’s subsidiary, Reenova Holding (Mauritius) Limited received a claim by a third party for outstanding payments for purported services rendered which pre-dates the Company’s acquisition of the subsidiary as detailed in Note 14. Based on legal advice obtained by the Company, the Directors are of the view the claim is wholly without merit. While no legal proceedings have been commenced, ongoing conferrals are taking place on a confidential and without prejudice basis and the Company is unable to disclose details of those discussions. Further updates will be provided if the matter is resolved or if proceedings are commenced.”

Finally, the prospectus makes no mention of the fact that the project has been the subject of substantial negative press both locally and internationally. These include an article in the French National Press in August (Le Monde), Foreign Policy in Focus and Mongobay.

And a very useful Harena Resources article from last year, about the company's offtake agreement:-

"Harena secures US offtaker for rare earth products from incoming Madagascar project

16th May 2024

By: Marleny Arnoldi

Deputy Editor Online

Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate product.

Harena is advancing its 75%-owned Ampasindava rare earths ionic clay project in Madagascar, which is considered one of the most significant ionic clay rare earth sites in the world outside of China.

It aims to supply critical rare earth magnet metals, including neodymium, praseodymium, dysprosium and terbium into Western supply chains for the production of permanent magnets.

United is developing a rare earths hub in Tennessee, including a magnet recycling centre, a refinery and a technology centre of excellence.

The term sheet provides the key terms the parties will use in executing a binding offtake agreement, which will be valid for an initial five years with the option of extending.

The offtake will involve 50% of the product produced from Ampasindava.

The term sheet includes the concepts of take-or-pay provisions and pricing mechanisms linked to market observable indices for commodity prices where they are available.

Shipping, weighing, assay and commercial provisions are expected to be negotiated in good faith based on market standard and customary terms and conditions to be agreed prior to any binding offtake agreement being executed.

Harena MD Joe Belladonna says the term sheet with United provides a pathway for the company towards having an offtake customer in place, well in advance of the expected production of mixed rare earth carbonate from the project.

“It is a major step forward for Harena to have engaged with a company that is currently developing a rare earth downstream industry in the US, which will include rare earth separation and refining infrastructure, and magnet recycling,” Belladonna explains.

He adds that the agreement validates the quality of the Ampasindava resource and its potential to be a near-term producer of rare earth products.

In turn, United chairperson Jeff Willis comments that the term sheet gives the company confidence that it will be able to access a ready supply of rare earth oxides that are essential to United’s long-term downstream strategy in the US.

Both companies look forward to mutually beneficial collaboration going forward.

Edited by Chanel de Bruyn

Creamer Media Senior Deputy Editor Online"

https://www.miningweekly.com/article/harena-secures-us-offtaker-for-rare-earth-products-from-incoming-madagascar-project-2024-05-16

https://www.linkedin.com/company/harenaresources?trk=public_post_feed-actor-name

"Harena Resources all set to become London’s only listed ionic clay rare earths company

... In comparison to other types of rare earth deposits, ionic clay deposits are generally simpler to process into carbonate for sale. No need to use acid of any kind. Instead, salt water and ammonium sulphate, which is effectively garden fertilizer, are all that’s required.

That’s encouraging enough, but there’s more good news. In the case of Ampasindava, the plan is to mine only the top ten metres of the deposit, with the two metres of overburden stockpiled for use in rehabilitation. The mining will be free dig, with the material trucked to the saline leach pads. After leaching, the residual material is returned to where it was taken and the topsoil returned. Power consumption will be modest. No tailings dams are involved, and since the area has been disturbed before, environmental objections are likely to be kept to a minimum.

All this makes Harena stand out as a shining light amongst its peers.

It will be the only company listed in London with a pure ionic clay rare earths project. And the simplicity of the mining, the ease of rehabilitation, and lack of any acid use is also likely to be looked upon favourably by the Madagascan government.

True, the government wants to see economic modelling before the fiscal arrangements are finalized.

But in the meantime, the company has applied for its exploration license to be converted into a mining license, and is positioning itself to start generating the rest of the information that the government needs.

One major positive that’s already confirmed is the interest of off-takers. Last year the company announced that it had signed a non-binding termsheet with a US rare earths company for the sale and purchase of rare earths from Ampasindava.

And Joe Belladonna, the company’s managing director, is confident that the pace of work will be rapid and productive once the listing completes.

The £1.9 million that the company plans to raise will go towards completing the feasibility studies, which he reckons will take about six-to-nine months to complete. After that, and allowing that the license and permits have been granted, he reckons it will take about two years to get the mine running.

If Harena can stick to that timetable, it will be impressive, but not unprecedented. The team is highly experienced, and includes Allan Mulligan, who recently managed a similar ionic clay rare earths project in Uganda."

https://www.voxmarkets.co.uk/articles/harena-resources-all-set-to-become-london-s-only-listed-ionic-clay-rare-earths-company-226d211/

A very useful Harena Resources article published on Vox Markets five days ago, which helps show what a huge investment opportunity this floatation could-should be; especially with the RTO being priced at just 3p per share (compared to CRES's 4p IPO price in 2021), giving an enlarged market cap. of only c. £12.4M.

Note that FCA approval has of course already now been received, with admission expected two weeks this Friday.

The shares should move to a swift premium to the RTO price of 3p, and buying in at anything close to that level looks like a bargain.

The shares are tightly held, and as news flows and awareness spread, this could move up very rapidly and strongly.

"Harena Resources all set to become London’s only listed ionic clay rare earths company

13:18, 26th February 2025

Alastair Ford

Vox Newswire

It’s only a matter of time now before rare earths company Harena Resources makes its debut on the London market.

The plan is for privately-held Harena, which had its genesis in Australia and holds assets in Madagascar, to take over cash shell Citius Resources (CRES).

FCA approval is pending, but is expected in the current quarter.

When the deal completes, Harena will have access to a market that’s more familiar and comfortable with African projects.

London’s investors, for their part, will get access to Ampasindava, an ionic clay rare earths deposit that’s already known to contain 699 million tonnes of ore grading 868 parts per million total rare earth oxides.

That JORC 2012 compliant resource estimate followed on from around US$20 million of spend on the project, undertaken by former owners. Amongst other things, work thus far completed includes 4,500 test pits and 359 drill holes. It’s also been established that negligible thorium and uranium are present in the deposit, meaning that processing with low impact salts ought to be relatively straightforward and the product saleable into the market.

The plan, once Harena gets listed, is to complete feasibility studies for the development of Ampasindava. Much of the groundwork for these studies has already been done, however, and it’s already clear that the project has a great deal going for it.

For a start, it’s strategically located on the north-west coast of Madagascar, right next to a port. This has the double benefit that when it comes to project development it will be easy to ship things in, and that when it comes to production, it will be easy to ship the rare earths out. What’s more, the process that Harena envisages using at Ampasindava uses salt water as its primary leaching agent – and that brings us onto another advantage the project has, its style of mineralisation. ..."

https://www.linkedin.com/company/harenaresources?trk=public_post_feed-actor-name

26th Feb 2025 11:47 am RNS Publication of a Prospectus

Approval and Publication of Prospectus

The Company confirms that a prospectus has been approved by the Financial Conduct Authority and published by the Company ("Prospectus") regarding the reverse takeover by Harena Resources Ltd and the Fundraising to raise gross proceeds of £1.35m.

Harena Resources Ltd is an Australian domiciled company that owns 75% of the Ampasindava Rare Earths Project ("Project") located in the northwest of Madagascar. The Project has been the subject of significant exploration work including 4,470 test pits excavated and 277 holes drilled (approx. 20,000m of exploration drilling) by previous owners that has confirmed the mineral resource is an "Ionic Adsorption Clay" deposit. The Project contains a globally significant JORC Resource of 606,000t of rare earth oxides, importantly, 22% of the reported rare earth elements are those related to the manufacturing of permanent magnets that are critical to the transition to green energy. Following Re-admission, the Company plans to complete the feasibility study and environmental impact & social assessment study to further de-risk the project and move towards production.

The Prospectus has been published in connection with:

1. The proposed acquisition of Harena Resources Ltd ("Proposed Acquisition") and associated issue of Consideration Shares

2. The Acquisition of Harena Resources Ltd is a reverse takeover under the Listing Rules;

3. The Proposed Acquisition, Placing and Subscription is conditional on the passing of certain resolutions at an annual general meeting of the Company ("Completion").

Following Completion, the Company will seek the admission of an aggregate of 370,634,352 New Ordinary Shares to the Equity Shares (transition) category of the Official List and to the main market of the London Stock Exchange ("Admission"). Following Admission, the Company will have an Enlarged Share Capital of 413,884,352 ordinary shares.

The Prospectus has been filed with the Financial Conduct Authority. To view the full document, please follow the link www.citiusresources.co.uk. A copy of the Prospectus has also been submitted to the National Storage Mechanism and will shortly be available for inspection at the following link: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

It is expected that Completion will take place following the annual general meeting at 10.00 a.m. on 20 March 2025 and Admission on 8.00 a.m. on 21 March 2025. A notice of annual general meeting has been announced separately.

Contact details:

Citius Resources Plc

Cameron Pearce

Tel: +44 (0)1624 681 250

cp@pangaeaenergy.co.uk

Tavira Financial Limited

Jonathan Evans

Tel: +44 (0)20 7330 1833

https://www.lse.co.uk/rns/CRES/publication-of-a-prospectus-uaehnul45c0a79k.html

Any thoughts on a re-list date?