We have supported Critical Metals Plc on its acquisition of Madini Occidental Ltd and re-admission to the Main Market of the London Stock Exchange.
In conjunction with the acquisition, Critical Metals has successfully raised £1,800,000 through a placing of 9,000,000 new ordinary shares at 20 pence per share. On admission, the company will have 52,659,735 ordinary shares in issue and the market capitalisation of the company will be approximately £10,531,947.
Critical Metals Plc acquires mining opportunities in the critical and strategic metals sector.
PKF acted as reporting accountant on the transaction and the Capital Markets team included Adam Humphreys and Sam Bradshaw.
“We are delighted to have supported Critical Metals Plc on the successful acquisition of Madini Occidental Ltd and its re-admission to the Main Market. We look forward to working closely with the management team in the future and supporting its continued growth.”
Adam Humphreys, Partner
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