Aankondiging • May 13
Critical Metals plc Announces Permanent Appointment of Danilo Lange as Chief Executive Officer, Effective May 12, 2026 Critical Metals PLC announced the permanent appointment of Mr. Danilo Lange as Chief Executive Officer, effective May 12, 2026. Mr. Lange is an experienced international executive with over 25 years of leadership experience across mining, consumer goods, and marketing sectors. He had served as the Company's Interim CEO since December 2025. New Risk • Feb 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -UK£1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£1.6m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 14x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (UK£11.7m market cap, or US$16.0m). Aankondiging • Jan 27
Critical Metals Plc, Annual General Meeting, Feb 19, 2026 Critical Metals Plc, Annual General Meeting, Feb 19, 2026. Location: the offices of hill dickinson llp, the broadgate tower, 20 primrose street, london ec2a 2ew United Kingdom New Risk • Jan 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-UK£1.9m). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 14x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (UK£13.5m market cap, or US$18.1m). New Risk • Nov 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-UK£1.2m). Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 14x increase in shares outstanding). Revenue is less than US$1m (UK£3.6k revenue, or US$4.7k). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (UK£9.41m market cap, or US$12.4m). Aankondiging • Nov 09
Critical Metals plc Announces Appointment of Jean Pierre Tshienda as Executive Director and Director General for the AMK Critical Metals plc announced the appointment of Mr. Jean Pierre Tshienda as Executive Director of the Company and Director General for the AMK subsidiary, taking direct responsibility for the DRC operations with a remit to reduce costs and improve efficiency. Jean Pierre Tshienda took up the post of Executive Director from mid-December, reporting to the CEO. Mr. Tshienda has been based in the DRC since January 2025 and has established close relations with senior politicians and mining bodies that has enhanced understanding of the country and its operations and provided a full hands-on approach. New Risk • Oct 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-UK£1.2m). Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 14x increase in shares outstanding). Revenue is less than US$1m (UK£3.6k revenue, or US$4.8k). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (UK£10.2m market cap, or US$13.7m). Board Change • Oct 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Avinash Bisnath is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 08
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Avinash Bisnath is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 14x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-UK£1.2m). Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 14x increase in shares outstanding). Revenue is less than US$1m (UK£3.6k revenue, or US$4.8k). Market cap is less than US$10m (UK£4.36m market cap, or US$5.89m). Aankondiging • Aug 02
Critical Metals Plc has completed a Follow-on Equity Offering in the amount of £0.079035 million. Critical Metals Plc has completed a Follow-on Equity Offering in the amount of £0.079035 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,951,750
Price\Range: £0.02
Transaction Features: Regulation S New Risk • Jul 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-UK£1.2m). Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m (UK£3.6k revenue, or US$4.8k). Market cap is less than US$10m (UK£303.3k market cap, or US$406.9k). Aankondiging • Dec 19
Critical Metals plc Announces Board Changes Critical Metals Plc announced that the Company has decided to deepen the local experience of the Board by appointing Mr. Jean Pierre Tshienda as Executive Director. Mr. Tshienda is a UK national of Congolese origin who divides his time between the UK and the DRC. Mr. Tshienda is an accomplished mining professional with extensive expertise in natural resource management, mining governance, and international business economics, particularly within the DRC. He holds a degree in Economics & International Business and a Master of Arts in Global Affairs as well as Diploma in Natural Resources Management & Governance. In the past he has performed a consulting role for the DRC Mining Cadastre. Alongside this appointment, Marcus Edwards-Jones has decided to step down from his role as a Non-Executive Director to focus on his role at Phoenix Copper, effective 18 December 2024. The Board has decided to appoint Mr. Kelvin Williams as a Non-Executive Director to add greater finance expertise to the Board.Mr. Williams has held senior leadership positions across multiple industries, geographies and sectors including manufacturing, telecommunications, agriculture, and chemical production. His experience includes strategic restructuring, project financing, and guiding companies through periods of operational and financial transformation. Notable achievements in his career range from facilitating complex M&A transactions to overseeing critical international projects spanning the UK, France, the USA, and Africa. He holds a Business Studies Honours Degree and is a Fellow of the Chartered Institute of Management Accountants. Aankondiging • Nov 15
Critical Metals Plc, Annual General Meeting, Dec 09, 2024 Critical Metals Plc, Annual General Meeting, Dec 09, 2024. Location: the offices of hill dickinson llp, the broadgate tower, 20 primrose street, ec2a 2ew, london United Kingdom Aankondiging • Nov 11
Critical Metals Plc Provides Operational Update Critical Metals Plc provided operational update. Operational Update and Delivery of Ore: After taking several samples from the various ore stockpiles, OM Metals SARL, the current copper ore off-taker, has sent its first ore haulage truck to load ore from the Company's stockpile for purchase and processing at the OM Metals plant. Approximately 40-tonnes of copper ore was loaded onto the truck and has arrived at the OM Metals plant for crushing, assaying, analysis, and processing. Additional trucks from OM Metals will follow once sampling and assaying are completed this week. Payment for this ore should happen within two weeks after invoicing OM Metals. In addition, geotechnical and geological activities at Molulu are resuming as the geologist team has returned from leave. There are several areas identified for continued geotechnical activities in the Southern zone and an area where the Conglomerate outcrops with traces of copper malachite in the Northern zone. These geotechnical activities will provide further data points for consideration when designing the new diamond drill programme. Preliminary discussions are ongoing with various agencies to plan a feasibility study for the potential installation of a 2 MW solar power unit at Molulu. This power unit is designed to reduce costs at the camp and to supply enough power to operate a potential future copper concentrator plant and surrounding area, including the E.P. Molulu school. The installation of any solar power unit would be subject to the Company obtaining additional funding or grants. New Risk • Nov 01
New major risk - Negative shareholders equity The company has negative equity. Total equity: -UK£19k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-UK£19k). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£1.21m market cap, or US$1.57m). Minor Risk Shareholders have been diluted in the past year (3.5% increase in shares outstanding). New Risk • Oct 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 68% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£1.72m market cap, or US$2.25m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Aankondiging • Sep 12
Critical Metals Plc announced that it expects to receive £0.35 million in funding Critical Metals Plc announced a private placement that it will issue convertible loan for the gross proceeds of £350,000 on September 11, 2024. The loan is convertible at a price of £0.02 per ordinary share of £0.005 each in the capital of the Company. The transaction will include participation from new lender, Niu Invest Se. New Risk • May 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 68% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£4.89m market cap, or US$6.21m). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). Aankondiging • May 16
Critical Metals plc Announces Board Changes Critical Metals plc announced the appointment of Dr. Avinash Bisnath to the Board as Non-Executive Director, with immediate effect. As a qualified PhD geologist, Dr. Bisnath has over 28 years' experience in the mining industry with a focus on geological exploration. He started his career with Anglo American Platinum Corporation Limited in South Africa and has spent most of his professional life within the African Continent. Dr. Bisnath spent three years as a Lecturer in the Department Geology, at the University of KwaZulu-Natal ('UKZN') in South Africa. His advisory contributions in guiding various projects to success showcase his ability to navigate complex multi-commodity projects at different stages of their development.Awarded by the University of Cape Town, his Ph.D. research delved into continental geodynamics and evolution, showcasing his profound commitment to advancing geological understanding. Furthermore, his understanding of geological dynamics, coupled with his hands-on field experience across Africa, including the DRC, makes him an invaluable addition to the Critical Metals team. In addition to the appointment of Dr. Bisnath, Critical Metals has also appointed an external Qualified Person ("QP") to independently verify the geological data produced at Molulu in support of a future JORC report. The Company also announces that Mr. Gordon Thompson, is stepping down from his position as Non-Executive Director at Critical Metals due to work commitments and restrictions on his employment contract with Copper360, where he is the Chief Operating Officer. Aankondiging • Apr 30
Critical Metals Plc Announces Start of Molulu Project Groundworks Critical Metals Plc confirm the commencement of groundworks for the rehabilitation of a 17 mile/28 kilometre public road leading to the flagship Molulu Project ('Molulu' or the 'Project'), an ex-producing copper cobalt mine in the Democratic Republic of Congo ('DRC'). The Company has also appointed a DRC-based contractor, DRC GREEN, to update the Company's Environmental Impact Study ('EIS') and Environmental Management Plan ('EMP') at Molulu as part of its ESG commitments. The contractor has arrived at the Molulu project and has begun collecting the new information for updating the reports. The planned road upgrades will ensure Project infrastructure is able to support increased traffic and the effect of the rainy season as the Company focusses onrecommencing production at Molulu and resuming sales of stockpiled copper ore. The improved infrastructure will also benefit the surrounding community as part of the Company's ongoing ESG commitments. The Company has been advised by the road contractor that the works may take between 60 and 90 days. Photos and videos documenting progress will be shared on the Company's social media channels in due course. Aankondiging • Apr 11
Critical Metals Plc announced that it has received £1.6036 million in funding Critical Metals Plc announced a private placement to issue unsecured convertible loan notes for the gross proceeds of £1,603,600 on April 9, 2024. The transaction will include participation from to existing shareholders and new investors. The principal amount due under the CLNs shall be converted into a corresponding number of new fully paid ordinary shares of £0.005 each ("Ordinary Shares") at the conversion price of the lower per Ordinary Share or 10% discount to the volume weighted average price of the Ordinary Shares on the Main Market for the 5 trading days prior to the publication of the Secondary Prospectus. The Company has created a warrant instrument pursuant to which it has granted on completion of the Subscription, 600,675 warrants over new Ordinary Shares to Fox Davies Capital Limited exercisable at the Conversion Price for a period of three years from the date of issue of the CLNs. Aankondiging • Mar 30
Anthony Eastman to Step Down from Board of Critical Metals Plc, Effective 1 April 2024 Critical Metals Plc announced that Mr. Anthony Eastman will step down from the board effective 1 April 2024. Aankondiging • Mar 13
Critical Metals plc Appoints Gordon Thompson to the Board as Non-Executive Director and Chair of the Technical Committee as of 1 April 2024 Critical Metals plc announced the appointment of Mr. Gordon Thompson to the board as Non-Executive Director and Chair of the Technical committee as of 1 April 2024. Mr. Thompson brings a wealth of experience and expertise to Critical Metals, with a career spanning over 30 years in both leadership and advisory roles in the mining and exploration industry. He has demonstrated proficiency in overseeing mine operations and executing growth strategies across key mining jurisdictions such as Western Australia, West Africa, Southern Africa, Mali, DRC, and Brazil. Mr. Thompson is the Chief Operating Officer at Copper 360, an emerging powerhouse in copper mining and processing based in the Northern Cape South Africa, and as a Non-Executive Director at Contango Holdings Plc. His extensive industry experience and engineering background, including several years in technical consultancy and strategic planning, as well as direct technical and commercial work experience in mechanized surface (open cut) and shallow to ultra-deep underground mining operations, will be an invaluable asset to Critical Metals. Mr. Thompson's previous management roles in the mining industry include Chief Operations Officer of Tiger Resources Limited, Chief Executive Officer of Taurus Gold Limited (BVI), and Chief Operations Officer of Central African Mining & Exploration Co. Plc. During the Covid-19 pandemic, Mr. Thompson set up and became a Technical Consultant at Gordon Thompson Inc., a Mining Investment consultant advising mid-tier investment funds seeking mining opportunities in West Africa. Aankondiging • Jan 10
Critical Metals Plc, Annual General Meeting, Feb 02, 2024 Critical Metals Plc, Annual General Meeting, Feb 02, 2024, at 11:00 Coordinated Universal Time. Location: Hill Dickinson LLP, The Broadgate Tower, 20 Primrose Street, London, EC2A 2EW - London United Kingdom Aankondiging • Dec 19
Critical Metals plc Advances the Molulu Copper-Cobalt Project in DRC Critical Metals Plc provided an update on the delivery of ore to the buyer OM Metals SARL. Critical Metals is actively engaging with OM Metals and will provide additional information and updates on operations to the market as appropriate. Drilling Update: Notable drill results from all three phases using the handheld Niton XRF include: Phase 1 - Hole DD1-01 recorded an average of 1.01% of copper at a depth of 12.20m; Phase 2 Hole DD2-05BIS recorded an average of 1.57% of copper at a depth of 22.65m; Hole DD2-6BIS recorded an average of 1.39% of copper at a depth of 16.80m; Hole DD2-07 recorded an average of 2.15% of Cu at a depth of 7.40m. Phase 4- Hole DD4-01BIS recorded an average of 5.97% of copper at a depth of 32.85m; Hole DD4-09BIS recorded an average of 7.35% of Cu at a depth of 36.05m; Hole DD4-10 recorded an average of 4.53% of Cu at a depth of 49.65m. Excellent higher grade copper intercepts in Phase 4 include: DD4-09BIS intercepted a copper zone with a grade of 29.41%, DD4-01BIS intercepted a copper zone with a grade 14.59%, DD4-10 intercepted a copper zone with a grade of 8.88%. Extension of the drilling plan into Phase 3 is set to commence in first quarter 2024. New Risk • Dec 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: UK£7.65m (US$9.67m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£2.5m free cash flow). Earnings have declined by 76% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£7.65m market cap, or US$9.67m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). New Risk • Oct 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 74% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (UK£11.1m market cap, or US$13.5m). Aankondiging • Oct 12
Critical Metals Plc (LSE:CRTM) signed a letter of intent to acquire Kastro Plant assets from Kastro SARL for $8 million. Critical Metals Plc (LSE:CRTM) signed a letter of intent to acquire Kastro Plant assets from Kastro SARL for $8 million on October 10, 2023. Aankondiging • Sep 21
Critical Metals plc Provides Update on its Phase 1 Diamond Drilling Programme At the Company's Molulu Copper/Cobalt Asset Molulu Critical Metals plc provided an update on its Phase 1 diamond drilling programme at the Company's Molulu copper/cobalt asset Molulu in the Democratic Republic of the Congo. The diamond drilling programme which focusses on Phase 1 of three areas identified by mapping and geophysics analysis completed earlier in the year, consists of 1,000 meters of drilling the oxide zone and is aimed to increase the understanding of the Molulu Project, identify other potential targets and increase the mineral resource. The Company is underway with Phase 1 of the DD programme with more than 100 meters drilled, with some significant shallow copper intersections, notably drill hole DD-1-01 which intersected high grade copper mineralization of 13.02%, 6.77% and 5.42% from 10.80 meters to 15.83 meters deep. Results from the other nine drill holes within the DD programme are anticipated imminently as the Company progresses towards obtaining a JORC compliant resource. To this end, the Company is planning to start drilling at Phase 2 and Phase 3 once Phase 1 drilling is complete. Aankondiging • May 31
Critical Metals plc Provides Update on Recent Progress at the Company's Molulu Copper/Cobalt Asset in the Democratic Republic of Congo Critical Metals plc provided an update on recent progress at the Company's Molulu copper/cobalt asset in the Democratic Republic of Congo. In addition, Critical Metals announced it has raised PS600,000 at 25 pence per share, the proceeds of which will be used to assess acquisition opportunities in line with the Company's stated goal to expand its asset base. Further to the announcement of 15 May 2023, the Molulu Project has three areas where mapping and geophysics analysis has been completed, with the Induced Polarisation (IP) beginning this week. During the mapping and geophysics surveys, two new copper anomalies were discovered directly south of the Phase 1 area. These new areas, known as Phase 1a and Phase 1b, will be included in the current IP programme. The Company believes that this will further increase the tonnage to the already known copper resource base. The IP will move to the Phase 3 and Phase 2 locations respectively which will allow geologists to identify the approximate depth and image of the subsurface minerals, notably copper and cobalt. The drilling targets will then be based on the results of the IP imaging which will be released when complete. In addition, a drilling contractor has been appointed and recently visited Molulu to begin preparation for mobilisation on site. Initial drill target areas have been discussed and final decisions on the location of the first drill pads will happen once the Phase 1 IP imagery is received, which is expected in June 2023. Once the first drill results are received, the Company believes there will be sufficient data to obtain a JORC Resource for the project. In early May 2023, the Company's management decided to use the hired dozer and excavator that were already located at Molulu to rehabilitate the road that connects the property to a number of ore buyers' processing plants. This decision saved shareholders over $50,000 in external contractor costs. The dozer has now rehabilitated the entire road and now all that remains to allow large tipper trucks to use the road to supply ore to the selected buyers is the construction of a bridge that can accept the weight of 40-50 tonne tipper trucks. Management has decided to use 40-50 tonne trucks instead of 25 tonne trucks in order to move larger volumes of copper ore more efficiently, thereby reducing the wear on both the bridge and road, while reducing variable unit costs. The water-direction piping, steel re-enforcement, cement, and other bridge building requirements are on site and the building of the bridge has begun. The Company expects that the bridge will be complete in June 2023. A water pump has been purchased and installed in the high-grade copper sulphide open pit. Water decanting has begun, and the open pit is expected to be empty in the middle of June 2023. This pit is the new focus of mining due to the Company's belief that the in-situ sulphide ore is higher-grade and extends past 100 meters in depth. It is anticipated drilling will begin in the second half of June 2023 once the first results of the Phase 1 IP programme are received. Last month, the Company hired an exploration geologist working on her PhD in geology to capture and collate all the geotechnical, geophysics, IP, and borehole drilling data for insertion into the creation of the maiden JORC report for Molulu. Aankondiging • May 17
Critical Metals plc Provides Operational Update on Activities at its Molulu Copper/Cobalt Asset in the Democratic Republic of Congo Critical Metals Plc provided a comprehensive operational update on activities at the company's Molulu copper/cobalt asset ('Molulu') in the Democratic Republic of Congo ('DRC'). The Company has mined over 6,500 tonnes of oxide ore at an average grade of 3%, as measured by geologist using a handheld XRF, which is now available for sale. After surveying the Molulu copper grades and market, the technical team have decided to focus mining on the high-grade sulphide copper ore. This high-grade sulphide copper ore body will be exposed in the pits that have begun the dewatering process. To illustrate why the Company is focusing on the sulphide zones, a grab sample was taken from the big pit that is currently being dewatered. This sample was analysed using a handheld x-ray fluorescent (XRF) and the copper result was 8.36%. For comparison purposes, copper head grades in mines in Chile, Peru, and Arizona are below 1% contained copper. Due to the much higher-grade sulphide copper ore, mining the sulphide zones has the potential to increase profitability by orders of magnitude above the oxide only mining. Details on the mining of the sulphide zones will be released during and after the drilling programme. Oxide mining will continue but will no longer be the focus of production. There are several identified areas where the host geology is favorable to find large copper and cobalt zones. The mapping data exercise was completed last week and will be used in conjunction with the findings from the geophysics and IP data collection that is underway. Geophysics analysis is processing images of the copper and cobalt anomalies by injecting electric currents into the ground. The mapping, geophysics, and IP (induced-polarisation) programmes are expected to be completed by the end of May, and the drilling programme will begin in June. Early results from the drill programme will be released when they become available. These drilling results will be used to form the basis of a JORC report. Dewatering process of pits underway: The dewatering of both sulphide and copper pits has begun. First, a trench has been dug from the smaller pit so the water could decant naturally to a local stream. In addition to the trench, a large watering pump was purchased two weeks ago and is en route to Molulu. The Company expects to begin dewatering the big pit with the pump this week and anticipate both pits will be dewatered within thirty days. Aankondiging • Jan 28
Critical Metals plc Announces the Commencement of Copper Production At the Molulu Project Critical Metals plc announced the commencement of copper production at the Molulu Project, an ex-producing copper cobalt mine in the Democratic Republic of Congo ("DRC") ("Molulu Project"). Production follows the completion of preparation work on site and the arrival of several vital pieces of mining equipment. This is a major landmark as the Company moves towards securing further assets. The mine will initially run on a single-shift basis and is estimated to produce approximately 10,000 tonnes of copper oxide ore per month on a steady-state production rate. The copper ore produced in January 2023 will be stockpiled for sale into the market in February 2023. All copper material extracted from the mine will be sent to local processing plants, of which there are four in the Likasi and Lubumbashi areas expressing interest in purchasing Molulu copper ore. In addition, the Company's engineers, geologists, and advising consultants are discussing various strategies to optimise and increase monthly copper ore production. Further information on this will be released when appropriate. As previously mentioned, the Central Cobalt Anomaly and South Cobalt Anomaly have recently had test samples taken by the Company's lead geologist; as of date of this announcement, 180 samples have been taken. These samples will be sent to a local laboratory for independent analysis. Results will be released to the market when available. In order to increase the penetration of the Critical Metals story to the global market and investors, two London based mining analysts will accompany the Board of Critical Metals on a Molulu site visit in the middle of February. The purpose of the visit is to provide greater understanding of the copper oxide and sulphide production, cobalt potential, and cash flow characteristics of Molulu to the global investing market. With much of the infrastructure now in place, the Company has assembled astrong team of mining professionals onsite including, a project manager, four geologists, two mine engineers, as well as the recently appointed mine manager and a compliment of local village support staff. The Company is now perfectly positioned to take advantage of the strongly recovering copper price that is well above USD 9,000 per metric tonne. The Molulu Project, located approximately 98 kilometres north of Lubumbashi in the Katanga Copperbelt, is 30 kilometres northwest from the village of Malambwe. Copper has been mined in the Katangan Copperbelt since at least the late 19th Century. The mineralised zones are at the western end of the Katangan Copperbelt, one of the great metallogenic provinces of the world, and contains some of the world's richest copper, cobalt, and uranium deposits. The Molulu Project was the first acquisition made by the Company since its readmission on the Main Market of the London Stock Exchange on 12 September 2022. The Company owns 100% of Madini Occidental Limited ("Madini Occidental"), which holds an indirect 70% interest in the Molulu Project. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Marcus Elliott Edwards-Jones was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Marcus Elliott Edwards-Jones was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Aug 05
Critical Metals Plc (LSE:CRTM) completed the acquisition of 57% stake in Madini Occidental Limited from Madini Minerals. Critical Metals Plc (LSE:CRTM) signed a non-binding Heads of Terms to acquire 57% stake in Madini Occidental Limited from Madini Minerals for $0.85 million on May 20, 2021. Under the terms, $850,000, of which $100,000 will be paid to the current owners of PEPM 14784 and the remaining $750,000 to be spent on the development of the Project. In addition, 2 loans of $150,000 and $200,000 will be made available to MO on terms to be agreed, with the former to be advanced to the current owner of the Project on terms to be agreed. Under the Term Sheet, the current owners will retain the other 30% interest in the Project. The remaining 43% interest in MO will be held (in equal amounts) by Madini Minerals and Mr Russell Fryer, the CEO of Critical Metals. On completion of the Proposed Acquisition, the Company's listing would be cancelled and, subject to approval by the Financial Conduct Authority, the enlarged Company's ordinary shares would then be admitted to the Standard List and to trading on the Main Market for listed securities of the London Stock Exchange. As of October 21, 2021, Critical Metals has agreed to advance $0.14 million of the Funding by way of a subscription for $0.14 million unsecured convertible notes in MO (the "Advanced Funding") pursuant to an unsecured convertible loan note issued by MO (the "MO CLN") for up to $0.595 million. The $0.14 million from the MO CLN will be used as working capital to commence remobilization to mine site and to provide a pre-completion loan to the current owners in conjunction with and conditional upon MO's subsidiary being granted a Mining License Lease Agreement ("contract d'amodiation") over the Project.
Rory Murphy and James Bellman of Strand Hanson Limited acted as financial advisors for Critical. On August 2, 2022, The Company of a prospectus approved by the Financial Conduct Authority.
Critical Metals Plc (LSE:CRTM) completed the acquisition of 57% stake in Madini Occidental Limited from Madini Minerals on August 4, 2022. Board Change • Jul 19
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Marcus Elliott Edwards-Jones was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
