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Critical Metals Corp Raises $50M In PIPE Deal To Advance Massive Rare Earth Project In Greenland
Critical Metals Corp. Ordinary Shares +1.61%
Critical Metals Corp. Ordinary Shares CRML | 10.10 | +1.61% |
Critical Metals Corp. (NASDAQ:CRML) ("Critical Metals Corp" or the "Company"), a leading critical minerals mining company, today announced that it has entered into a securities purchase agreement with a fundamental institutional investor to raise $50,000,000 of gross proceeds via a private investment in public equity ("PIPE") transaction. The Company intends to use the net proceeds from the offering to help fund the development of its 4.7 billion metric ton rare earth deposit, Tanbreez, in Greenland.
