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Critical Metals Issues GBP2 Million Convertible Loan Notes

MT Newswires·12/31/2025 03:25:38
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03:25 AM EST, 12/31/2025 (MT Newswires) -- Critical Metals (CRTM.L) issued a convertible loan instrument totaling 2.1 million pounds sterling that was fully subscribed to by the company's majority shareholder, NIU Invest. The instrument has an 18-month maturity with an interest rate of 10% per annum, according to a Wednesday filing. The loan notes are convertible to ordinary shares and are repayable at the end of the term if not converted. The miner intends to use the funds for business development, including acquisition opportunities and exploration activities, along with general working capital purposes.