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Critical Resources Raises $1.75M to Accelerate Lithium and Battery Tech Projects
9:28am on Thursday 29th of January, 2026 AEDT
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Critical Resources Raises $1.75M to Accelerate Lithium and Battery Tech Projects
9:28am on Thursday 29th of January, 2026 AEDT
Key Points
Placement raised $1.75 million at $0.01 per share with 1-for-4 attaching options
No discount to last closing price; 5.3% premium to 30-day VWAP
Board and management committed $250,000, pending shareholder approval
Funds earmarked for Mavis Lake Lithium Project, gold-antimony exploration, and solid-state battery evaluation
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CRITICAL RESOURCES (ASX:CRR)
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