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Mawson Receives Final Order for Arrangement with First Nordic Metals
Globenewswire· 2025-12-08 22:12
Core Viewpoint - Mawson Finland Limited has received final court approval for its business combination with First Nordic Metals Corp, with the arrangement expected to close around December 16, 2025 [1][2][9] Group 1: Arrangement Details - The arrangement involves the exchange of all outstanding common shares of Mawson for 1.7884 common shares of First Nordic, following a 4:1 consolidation of First Nordic's shares [2] - Mawson will become a wholly-owned subsidiary of First Nordic upon completion of the arrangement [2] - Mawson's common shares are expected to be delisted from the TSX Venture Exchange, and the company will cease to be a reporting issuer in all applicable jurisdictions on the closing date [3] Group 2: Company Background - Mawson Finland Limited is focused on the acquisition and exploration of precious and base metal properties in Finland, primarily gold and cobalt [4] - The company holds a 100% interest in the Rajapalot Gold-Cobalt Project, which is part of the larger Rompas-Rajapalot Property [4]
Jim Cramer Believes “It is Time to Kaching Kaching Critical Metals”
Yahoo Finance· 2025-10-19 07:21
Core Insights - Critical Metals Corp. (NASDAQ:CRML) is focused on lithium and rare earth element deposits in Austria and Southern Greenland, recently highlighted by Jim Cramer [1] - The company secured $50 million in gross proceeds through a private investment in public equity transaction to advance its Tanbreez rare earth project in Greenland [1] - The CEO emphasized that the funds will support development efforts at Tanbreez, which is one of the largest rare earth deposits globally, addressing the increasing demand for heavy rare earths in the West [1] Financial Developments - On October 16, Critical Metals Corp. signed a securities purchase agreement with a leading institutional investor [1] - The $50 million raised will be directed towards the advancement of the Tanbreez project [1] Market Position - The company aims to become a reliable supplier of critical minerals, responding to the growing demand in the market [1] - While there is potential for investment in CRML, other AI stocks are suggested to have greater upside potential and less downside risk [1]
The Trump Admin Wants a Stake in Critical Metals Corp. Does That Make CRML Stock a Buy Here?
Yahoo Finance· 2025-10-06 20:15
Core Viewpoint - Critical Metals (CRML) shares experienced significant volatility, more than doubling in value before retracting, following reports of potential U.S. government investment in the company [1][3]. Group 1: Government Involvement - CRML applied for a $50 million grant under the Defense Production Act, which the White House is considering converting into an equity stake [1]. - A federal stake would indicate strong U.S. government support for CRML's role in securing critical minerals, enhancing long-term confidence in its assets and operations [3][4]. Group 2: Stock Performance - Following today's rally, CRML stock is trading over 870% higher than its year-to-date low from early April [2]. - The potential government backing is seen as a validation of CRML's future revenue potential and geopolitical relevance, which could lead to better access to capital and policy support [4]. Group 3: Financial Health and Risks - Despite the potential positive impact of government support, CRML shares are considered speculative and may be overvalued, driven more by headlines than by fundamentals [5]. - The company currently has no meaningful revenue, persistent operating losses, and limited visibility into cash flow, with flagship projects still in early-stage development [5][6]. - The lack of analyst coverage and proven execution raises concerns about the company's operational traction and financial discipline, suggesting that the stock may be more hype than substance [6].