Critical Metals Corp. (NASDAQ: CRML) announced on October 17, 2025 that it has entered into a securities purchase agreement with a fundamental institutional investor to raise $50,000,000 of gross proceeds through a private investment in public equity (PIPE) transaction. The deal will issue 1.47 million ordinary shares and pre‑funded warrants to purchase an additional 1.56 million shares, providing the company with a significant capital injection.
The net proceeds from the offering will be directed toward the development of the Tanbreez rare‑earth deposit in Greenland, one of the world’s largest high‑grade rare‑earth resources. CEO and Chairman Tony Sage said the financing "strengthens our balance sheet and demonstrates continued investor confidence as we advance our strategic portfolio of critical mineral assets."
This new capital raise follows earlier equity issuances—including a $35 million PIPE in October 2025 and a $22.5 million PIPE in February 2025—underscoring Critical Metals’ ongoing effort to fund the Tanbreez project’s bankable feasibility study and eventual production. The additional $50 million will help bridge the gap to commercial operations and support the company’s long‑term goal of becoming a reliable supplier of heavy rare earths to Western markets.
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