Critical Metals PLC aiming to complete DRC deal early in New Year
Critical Metals PLC (LSE:CRTM) said it intends to come out of suspension in early 2022 after completing the acquisition of a stake in the copper-cobalt Molulu project in the Democratic Republic of Congo (DRC).
“It is our intention to file for readmission to the Standard List of the London Stock Exchange in early 2022 as a mining company enlarged by the acquisition of an indirect controlling interest in the Molulu Project,” it said in a statement today.
“The goal of our company to become cash flow positive in 2022 and beyond is still intact,“ added Russell Fryer, executive chairman.
On 30 June 2021, the held liquid assets of £1.48mln after a loss during the year of £348,000.
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