Conversion of Loan Notes

Critical Mineral Resources PLC, the exploration and development company focused on critical metals and minerals in Morocco announces that it has received notice to convert the principal amount of a Convertible Loan Note, together with accrued and unpaid interest thereon ("CLNs") amounting to a total of £33,000. As a result, the Company has issued 1,462,926 new ordinary shares of £0.01 each and allotted 1,537,074 treasury shares of £0.01 each, together 3,000,000 ordinary shares (the "CLN Shares").

Admission

Application has been made for the CLN Shares to be admitted to trading on the main market for listed securities of the London Stock Exchange, and admission of the CLN Shares is expected to occur on 27 November 2024 ("Admission"). The CLN Shares will rank pari passu with the existing Ordinary Shares.

Following Admission, the enlarged issued share capital of the Company will comprise 85,330,028 ordinary shares of which the Company holds 1,129,592 in treasury and is not permitted to exercise the attached voting rights. Therefore, Total Voting Rights calculations should be based on 84,200,436 to determine if shareholders are required to notify their interest, or a change to their interest, under the Disclosure and Transparency Rules.