Critical Metals could become the go-to company for more exotic metals

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  • Critical Metals agrees to buy DRC copper-cobalt project as first potential acquisition
  • Critical Metals hits the ground running, with deals in the offing and promises of a dividend within three years
  • Critical Metals’ acquisition plan, ‘targeting five transactions in five different jurisdictions’
Critical Metals Plc -

Quick facts: Critical Metals PLC

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Critical Metals PLC is an investment vehicle formed to identify and acquire brownfield mining opportunities in the strategic metals sector as defined by the United States and European Union.

With strong demand fundamentals and pricing, the initial focus is on near-term production opportunities, prioritising cash flow generation over exploration upside and where the board believes opportunities have been overlooked and under-analysed.

20 May 2021

() has agreed terms for its first potential acquisition, with a deal to buy a majority stake of a copper-cobalt project in the Democratic Republic of Congo.

The investment company, which floated in London last September, has signed heads of terms on a deal to potentially acquire a 57% stake in Madini Occidental Ltd (MO), which will hold a 70% beneficial interest in the Molulu project in the DRC.

The acquisition, if completed, would constitute a reverse takeover under London listing rules and so the company has requested its shares be suspended pending a further announcement providing more details, the publication of a prospectus or a calling off of the deal.

Molulu, which is defined as a ‘small scale mining license’ (Permis d’Exploitation de Petit Mine) with the official title of PEPM 14784, is located in DRC’s Katangan Copperbelt next to a number of existing medium- and large-scale mining operations that are already in production.

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29 Mar 2021

() is engaged in early stage discussions regarding potential future transactions, the mining investment firm said alongside its interim results.

It posted a net loss of GBP152,111 for the six months to end December 2020 versus a loss of GBP17,437 in the year-earlier period. In September the company was admitted to the main market of the London Stock Exchange, raising gross proceeds of GBP0.8mln.

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06 Jan 2021

() chief executive Russell Fryer told investors he is very excited about what 2021 will bring for the company as his team continues to evaluate a shortlist of project acquisition opportunities.

It could be a year of significant growth for the company, Fryer highlighted in a year-end update.

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14 Oct 2020

It’s a unique gameplan, and it’s all in the name.

(), which listed in London at the end of September, plans to build up a portfolio of assets focused on the more exotic metals, rather than the usual suite of base or precious metals that you find inside any standard diversified miner.

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03 Aug 2021

(, )’s () Russell Fryer, the chief executive joins Proactive London for an update on their first potential acquisition, with a deal to buy a majority stake of a copper-cobalt project in the Democratic Republic of Congo.

Fryer goes on to explain the opportunities that have emerged from this transaction with two more deals already in the pipeline and targeted for completion by the end of this year.

He explains the rationale behind the trading halt with the plan to get back to business after the first two transactions are complete.

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Critical Metals’ acquisition plan, ‘targeting five transactions in five…

Critical Metals PLC (LSE:CRTM, FRA:67K)’s (LON:CRTM) Russell Fryer, the chief executive joins Proactive London for an update on their first potential acquisition, with a deal to buy a majority stake of a copper-cobalt project in the Democratic Republic of Congo.

Fryer goes on to explain the…

11 hours, 6 minutes ago

3 min read

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