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$1.5 Million Placement to Drive Vanadium Electrolyte Expansion at Critical Minerals Group

10:13am on Monday 22nd of June, 2026 AEST Mining
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$1.5 Million Placement to Drive Vanadium Electrolyte Expansion at Critical Minerals Group

10:13am on Monday 22nd of June, 2026 AEST
Key Points
  • Two-tranche placement raises $1.5 million at 7.25 cents per share
  • Funds target vanadium electrolyte facility development and Lindfield Project progress
  • Directors and executives to receive shares in lieu of cash fees, pending approval
  • Placement includes free attaching options exercisable at 12 cents
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