Holding(s) in Company

RNS Number : 3087S

Critical Metals PLC

15 March 2021

 

Critical Metals plc / EPIC: CRTM / Market: Main Market / Sector: Closed End Investments

15 March 2021

Critical Metals plc ("Critical Metals" or the "Company")

Holding(s) in Company

Critical Metals plc, a mining investment company established to target opportunities in the mining sector, announces that it was notified on 12 March 2021 that, following the exercise of warrants announced on 9 March 2021, HI EMM Africa Opportunities Fund held a total of 1,600,000 ordinary shares of £0.005 each in the Company ("Ordinary Shares") as at 12 March 2021, representing approximately 4.66% of the Company's issued share capital.

The Company was also notified on 12 March 2021 that, on 18 December 2020, HI EMM Africa Opportunities Fund's shareholding decreased from 5.28% to 4.95% of the Company's then issued share capital (resulting position of 1,500,000 Ordinary Shares), and that, on 4 January 2021, HI EMM Africa Opportunities Fund's shareholding decreased from 4.95% to below 3% of the Company's then issued share capital.

**ENDS**

For further information on the Company please visit www.criticalmetals.co.uk or contact:

Russell Fryer	Critical Metals plc	Tel: [phone]
Rory Murphy / James Bellman	Strand Hanson Limited Financial Adviser	Tel: [phone]
Lucy Williams / Heena Karani	Peterhouse Capital Limited, Corporate Broker	Tel: [phone] Tel: [phone]
Catherine Leftley / Beth Melluish	St Brides Partners Ltd, Financial PR	Tel: [phone]

About Critical Metals

Critical Metals was formed as an investment company and intends to make equity investments into operators or near-term production operators within the natural resources development and production sector in the continent of Africa. It is envisaged that such acquisition or acquisitions will trigger a reverse takeover in accordance with the listing rules. The Company intends to search initially for acquisition opportunities in the natural resources sector on known deposits and more specifically minerals that are perceived to have strategic importance to future economic growth. Commodities such as antimony, beryllium, cobalt, copper, fluorspar, gold, rare earth elements, tin, tungsten, titanium, and vanadium have been identified by several governments as "critical minerals" and so guaranteeing supplies is seen as a strategic necessity. The Company therefore believes that the market conditions for these minerals will remain strong in the short-to-long term.

 

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