On October 6, 2025, Critical Metals Corp. announced a private investment in public equity (PIPE) transaction with a fundamental institutional investor, raising $35 million in gross proceeds. The company will issue 5 million ordinary shares and warrants to purchase 10 million shares at $7.00 per share, with the warrants expiring six years from issuance.
The proceeds are earmarked to support the development of the Tanbreez Rare Earth Project in Greenland, a key asset in the company’s portfolio. The financing provides additional capital to advance the Bankable Feasibility Study and accelerate construction and production timelines, reinforcing the company’s strategy to become a critical supply source for high‑grade rare earths.
CEO Tony Sage said the funding "further validates the opportunities ahead for Tanbreez and underscores the growing need for heavy rare earths in the West." The investor is described as a "fundamental institutional investor," indicating strong confidence in the project’s long‑term value.
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