Critical Metals PLC Restoration of Trading (4105S)
November 06 2023 - 1:45AM
UK Regulatory
TIDMCRTM
RNS Number : 4105S
Critical Metals PLC
06 November 2023
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 Tel: +44 (0)20 7469 0936 /
- Corporate Broker +44 (0)20 7220 9797
Lucy William / Charles Goodfellow
----------------------------
St Brides Partners Ltd
Financial PR
Catherine Leftley /Ana Ribeiro/Isabelle Tel: +44 (0)20 7236 1177
Morris
----------------------------
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.
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END
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