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Critical Metals Corp Completes Stage 1 of the Tanbreez Acquisition, One of the World's Largest Rare Earth Deposits
CRMLCritical Metals(CRML) Newsfilter·2024-07-23 12:00

In exchange for a 36.45% interest in Tanbreez Mining Greenland A/S ("Tanbreez"), Critical Metals Corp issued 8.4 million CRML shares to Rimbal. This transaction builds on Critical Metals Corp's previously announced initial acquisition of a 5.55% stake in Tanbreez in exchange for an investment of $5.0 million in Rimbal, increasing the Company's total interest in Tanbreez to 42%. About Critical Metals Corp Act"). Forward-looking statements include, without limitation, statements regarding the ability to consu ...