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0.0110202630643441 -0.0014219694276574 0.00305723426946315 0.0145751866334874 0.103348738002133 -0.00462140063988633 -0.17667970138642 -0.149278350515464
Stock impact report

US Government in talks to buy stake in Critical Metals [Yahoo! Finance]

Critical Metals Corp. - Ordinary Shares (CRML) 
Company Research Source: Yahoo! Finance
This potential deal would provide Washington with a direct interest in the Tanbreez project in southern Greenland, reported Reuters , citing sources. The news comes after Critical Metals announced last month an amended agreement with Rimbal to increase its ownership in the Tanbreez project from 42% to 92.5%. As per this amended agreement, Critical Metals can increase its ownership stake in the project upon the issuance of around 14.5 million ordinary shares to Rimbal. The original agreement stipulated that the consideration for this increase in ownership was an unspecified number of shares of Critical Metals carrying a value of $116m defined at the time of the increase. The latest agreement amends the original to specify a fixed issuance of 14.5 million ordinary shares to Rimbal at closing, implying a price of $8 per Critical Metals ordinary share. The transaction is pending approval from the Greenland Government. European Lithium will retain its 7.5% minority stake in th Show less Read more
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