Last checked at 6 Nov 2023 07:45
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Critical Metals plc / EPIC: CRTM / Market: Main Market
6 November 2023
Critical Metals plc
("Critical Metals" or the "Company")
Restoration of Trading
Critical Metals plc, a mining company established to acquire mining opportunities in the critical and strategic metals sector, currently developing an ex-producing copper cobalt mine in the Democratic Republic of Congo ("DRC"), advises that following the publication of the Company's 2022 Annual Report on 3 November 2023 and an application by the Company for the suspension to be lifted, the Company's shares will be restored to the Official List and to trading on the London Stock Exchange today.
For further information contact:
Critical Metals plc Russell Fryer, CEO |
Tel: +44 (0)20 7236 1177 |
Peterhouse Capital Limited - Corporate Broker Lucy William / Charles Goodfellow | Tel: +44 (0)20 7469 0936 / +44 (0)20 7220 9797 |
St Brides Partners Ltd Financial PR Catherine Leftley /Ana Ribeiro/Isabelle Morris |
Tel: +44 (0)20 7236 1177 |
About Critical Metals
Critical Metals PLC has acquired a controlling 100% stake in Madini Occidental Limited, which holds an indirect 70% interest in the Molulu copper/cobalt project, an ex-producing medium-scale asset in the Katangan Copperbelt in the Democratic Republic of Congo. In line with its investment strategy of focusing primarily on known deposits, targeting projects with low entry costs and the potential to generate short-term cash flow; the Company intends to produce 120,000t/per annum of Copper Oxide Ore.
The Company will continue to identify future assets that are in line with its stated acquisition objective of low CAPEX and OPEX projects with near-term production, concentrating on minerals that are perceived to have strategic importance to future economic growth and generate significant value for shareholders.