CRML RNS appointment today26 Feb 2025 19:59
26 / 2 /25
Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today announced that Michael C. Ryan has been appointed to serve as an independent director on the Company’s Board, effective March 1, 2025. Mr. Ryan will serve as Chairman of the Audit Committee and with his appointment, Critical Metals Corp’s Board is comprised of five directors.
Mr. Ryan brings a unique blend of experience to Critical Metals Corp, serving in the United States Air Force and more recently supporting the Secretary of Defense through his work as an Executive at the Department of Defense for the U.S. His appointment comes at an important time as the Company advances development of its Tanbreez Project in Greenland, one of the world's largest rare earth deposits containing over 27% heavy rare earth elements crucial for defense applications.
“Michael is a proven defense leader at the U.S. government, with an impressive and distinguished military background, which makes him the ideal candidate to help oversee our corporate governance as we develop an asset that is expected to produce essential materials for defense applications,” said Tony Sage, CEO and Chairman of Critical Metals Corp. “We look forward to leveraging Michael’s public sector know-how and familiarity with the military to help take Critical Metals Corp and our Tanbreez project to the next level.”
interesting....
look like March is going to be a busy month for them, announcement wise ?
see how the SP react in the coming days, and IMO the BOD is exactly right not to sell much if any of the the shares tomorrow, and let it ride till the end of March when production is dew to start at both mines.. hang it out I would say'' if we need extra Money get it else where and let that $10m ride for now'' as it looks like it is going to be a huge operation, and a huge deposit in Greenland, and the Market is still to be told the resource estimate that will come in Q2 and will no doubt drive SP growth going forward
regards..