Critical Mineral Resources PLC Response to Earthquake in Morocco (0620M)
11 Septiembre 2023 - 10:15AM
UK Regulatory
TIDMCMRS
RNS Number : 0620M
Critical Mineral Resources PLC
11 September 2023
11 September 2023
Critical Mineral Resources PLC
('CMR' or the 'Company')
Response to Earthquake in Morocco
Critical Mineral Resources plc (LON: CMRS), the exploration and
development company focused on clean energy commodities, was deeply
saddened to hear the news of the earthquake that occurred in
Morocco on Friday, 8 September and expresses its condolences to all
those affected. CMR will be supporting and contributing to the
relief efforts.
The offices of Atlantic Research Minerals ('ARM'), the Company's
Moroccan subsidiary, are located some distance from the earthquake
zone and are not directly impacted. All ARM employees are safe, and
the Moroccan regions where ARM operates are unaffected by the
tragic earthquake.
For further information, please contact:
Critical Mineral Resources plc info@cmrplc.com
Chris Lambert, Executive Chairman via Hudson Sandler +44 (0)
Charles Long, Chief Executive Officer 207 796 4133
Novum Securities
Jon Belliss +44 (0) 20 7399 9425
----------------------------
Hudson Sandler (Financial PR)
Charlie Jack +44 (0) 207 796 4133
----------------------------
Notes to Editors:
Critical Mineral Resources (CMR) plc is an exploration and
development company focused on developing assets that produce key
commodities essential for renewable energy, battery storage and
electrification to support the clean energy revolution. 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, nickel, manganese, cobalt, and potentially rare earths. 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, 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.
Since taking over the CMR in 2022, the current management has
completed a comprehensive strategic review and restructuring of the
business and implemented its clear strategy to maximise exploration
and resource development opportunities for the benefit of all
stakeholders. The Company is listed on the London Stock Exchange
(CMRS.L). More information regarding the Company can be found at
www.cmrplc.com
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END
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