Additional £462,474 Financing
Company issues £462,474 of convertible loan notes at £0.0145 per share, redeemable in twelve months.
- Convertible loan notes issued £462,474 (US$600,000)
- Conversion price £0.0145 per share
- Interest rate 5% per annum
- Redemption date Twelve months from issue
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Critical Mineral Resources PLC (LSE:CMRS), the exploration and development company focused on Morocco is delighted to announce that further to the investment agreement announced on 10 March 2025, the Company has secured an additional £462,474 (US$600,000) through the issue of convertible loan notes, convertible into ordinary shares in the Company at £0.0145 per share and accruing interest of 5% per annum. The loan notes have a redemption date twelve months from the date of issue.
| Critical Mineral Resources PLC Charles Long, Chief Executive Officer | info@cmrplc.com |
| Novum Securities Jon Belliss | +44 (0) 20 7399 9425 |
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