CRML secures 22.5 million in pipe deal

NEW YORK - Critical Metals Corp (NASDAQ:CRML), a mining development company specializing in critical metals and minerals with a current market capitalization of $791 million, has announced a private investment in public equity (PIPE) financing, which is expected to generate approximately $22.5 million in gross proceeds. The PIPE financing, subject to customary closing conditions, is slated to close on or about February 7, 2025. According to InvestingProdata, the company has shown strong momentum with a 28.4% return year-to-date, despite operating with negative earnings of -$5.57 per share in the last twelve months.


https://www.investing.com/news/company-news/critical-metals-corp-secures-225-million-in-pipe-deal-93CH-3854301