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Critical Metals Corp ( (CRML) ) has provided an announcement.
On February 6, 2025, Critical Metals Corp. entered into a securities purchase agreement with accredited investors, culminating on February 7, 2025, in a private investment in public equity (PIPE) financing deal. This agreement resulted in the issuance of 4,910,000 ordinary shares and warrants, providing $24.55 million in gross proceeds. In addition to securing significant capital, the agreement restricts the company from issuing additional shares for 90 days post-closing, with a registration rights agreement ensuring the registration of the resale of these shares. This strategic move aims to bolster Critical Metals Corp.’s financial stability and growth prospects.
More about Critical Metals Corp
Critical Metals Corp. operates in the financial and securities industry, engaging in transactions involving ordinary shares and warrants. The company focuses on strategic financing and investment opportunities to enhance its market position.
YTD Price Performance: -9.16%
Average Trading Volume: 75,089
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $531.9M
For detailed information about CRML stock, go to TipRanks’ Stock Analysis page.
