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CAERUS MINERAL RESOURCES PLC

Major Shareholding Notification Sep 14, 2023

5060_mrq_2023-09-14_3b4149f7-931c-40f7-b860-6ccf73495b61.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

RNS Number : 3818M

Critical Mineral Resources PLC

14 September 2023

14 September 2023

Critical Mineral Resources PLC

('CMR' or the 'Company')

Increased Shareholding

Critical Mineral Resources plc (LON:CMRS), the exploration and development company focused on clean energy commodities, notes that its major shareholder Jason Cropper has agreed to acquire 4,240,987 CMR shares from Indo-European Mining PR Ltd, a Cyprus based company and one of two buyers of CMR's Cyprus Assets.

This takes Mr Cropper's shareholding to 12,046,987 Ordinary Shares which equates to 23.8% of CMR's total voting rights (50,525,945*) and 19.7% of total shares in issue (61,211,258).

*the Company holds 10,685,313 ordinary shares in treasury and is not permitted to exercise the voting rights attached to these shares. Total Voting Rights (TVR) calculations should be based on 50,525,945.

For further information, please contact:

Critical Mineral Resources plc

Charles Long, Chief Executive Officer
[email protected]
Novum Securities

Jon Belliss
+44 (0) 20 7399 9425
Hudson Sandler (Financial PR)

Charlie Jack
+44 (0) 207 796 4133

Notes To Editors

Critical Mineral Resources (CMR) plc is an exploration and development company focused on developing assets that produce key commodities essential for renewable energy, battery storage and electrification to support the clean energy revolution. These commodities are widely recognised as being at the start of a supply and demand supercycle.

CMR is building a diversified portfolio of high-quality metals exploration and development projects in Morocco, focusing on copper, nickel, manganese, cobalt, and potentially rare earths. CMR identified Morocco as an ideal mining-friendly jurisdiction that meets its acquisition and operational criteria. The country is perfectly located to supply raw materials to Europe and possesses excellent prospective geology, infrastructure and attractive permitting, tax and royalty conditions. In 2023, the Company acquired an 80% stake in leading Moroccan exploration and geological services company Atlantic Research Minerals SARL.

Since taking over the CMR in 2022, the current management has completed a comprehensive strategic review and restructuring of the business and implemented its clear strategy to maximise exploration and resource development opportunities for the benefit of all stakeholders. The Company is listed on the London Stock Exchange (CMRS.L). More information regarding the Company can be found at www.cmrplc.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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