Caerus Mineral Resources Plc (GB:CMRS) has released an update.
Critical Mineral Resources PLC (CMR), focusing on critical metals in Morocco, has increased its convertible loan to £900,000 due to high demand, with plans to allocate the funds towards advancing its Igli Silver-Copper Project and bolstering general working capital. The company, which is actively developing a diversified portfolio of metals exploration projects, aims to capitalize on the anticipated supply and demand supercycle for commodities essential to the clean energy revolution. CMR, which acquired a significant stake in Atlantic Research Minerals SARL in 2023, is strategically positioned in Morocco to serve the European market.
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