Critical Mineral Resources PLC Increased Shareholding (3818M)
14 Septiembre 2023 - 1:00AM
UK Regulatory
TIDMCMRS
RNS Number : 3818M
Critical Mineral Resources PLC
14 September 2023
14 September 2023
Critical Mineral Resources PLC
('CMR' or the 'Company')
Increased Shareholding
Critical Mineral Resources plc (LON:CMRS), the exploration and
development company focused on clean energy commodities, notes that
its major shareholder Jason Cropper has agreed to acquire 4,240,987
CMR shares from Indo-European Mining PR Ltd, a Cyprus based company
and one of two buyers of CMR's Cyprus Assets.
This takes Mr Cropper's shareholding to 12,046,987 Ordinary
Shares which equates to 23.8% of CMR's total voting rights
(50,525,945*) and 19.7% of total shares in issue (61,211,258).
*the Company holds 10,685,313 ordinary shares in treasury and is
not permitted to exercise the voting rights attached to these
shares. Total Voting Rights (TVR) calculations should be based on
50,525,945.
For further information, please contact:
Critical Mineral Resources plc info@cmrplc.com
Charles Long, Chief Executive Officer
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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September 14, 2023 02:00 ET (06:00 GMT)
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