Caerus Mineral Resources Plc (GB:CMRS) has released an update.
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Critical Mineral Resources PLC has reported a reduced pre-tax loss of £279,249 for the first half of 2024, down from last year’s £477,328, reflecting a strategic pursuit of quality opportunities in Morocco and improved financial efficiency. Additionally, the company raised £253,261 and appointed Dominic Traynor as Executive Chairman. Post the reporting period, CMR secured an exclusive option on the Igli Project, a promising silver and copper venture, and raised £1,000,000 through convertible loan notes to support exploration and strengthen working capital.
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