Russell Fryer, CEO of Critical Metals, commented: “I am delighted to be able to announce the publication of our prospectus which marks the next step in Critical Metals’ listing process.
Application has been made for the Admission which is expected to occur at 8.00 am on 29 September 2020 under the TDIM #CRTM.
Publication of Prospectus, Admission to Trading on the London Stock Exchange and Placing
Critical Metals plc (‘Critical Metals’ or the ‘Company’), an investment company targeting acquisition or acquisitions of equity interests and debt interests within the natural resources development and production sector in the continent of Africa, is pleased to announce that it has today published a prospectus (the ‘Prospectus’) which has been approved by the FCA relating to the admission of 30,300,714 Ordinary Shares of £0.005 each to listing on the standard segment of the Official List of
the FCA and to trading on the Main Market of the London Stock Exchange (together, the ‘Admission’).
In addition, the Company is pleased to announce that Peterhouse has raised £800,000 (gross) conditional upon Admission, pursuant to a placing (the ‘Placing’) of 16,015,000 ordinary shares (‘Placing Shares’) at the price of 5 pence per Placing Share.
Following the issue of the Placing Shares, which represent approximately 112% of the Company’s existing issued ordinary share capital and approximately 53% of the issued share capital of the Company as enlarged by the Placing, the Company will have 30,300,714 Ordinary Shares in issue.
Application has been made for the Admission which is expected to occur at 8.00 am on 29 September 2020 under the TDIM ‘CRTM’. The Company’s ISIN will be GB00BJVR6M63 and its SEDOL BJVR6M6.
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