Critical Resources Fully Funded For 2023 Canadian Drilling P...| MENAFN.COM

Thursday, 09 February 2023 09:09 GMT

Critical Resources Fully Funded For 2023 Canadian Drilling Plans

(MENAFN- Media OutReach Limited) Melbourne, Victoria - News Direct - 30 November 2022 -

Critical Resources Ltd (ASX:CRR | FRA:9S70) managing director Alex Cheeseman tells Proactive they're raising A$6.7 million at a significant premium thanks to a flow-through share provision under Canadian tax law. The flow-through shares — which will immediately be sold on to institutional and sophisticated investors under a block trade agreement — will be placed at A$0.08 per share, a 45% premium to CRR's last close price.
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