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The latest announcement is out from Connected IO ( (AU:CML) ).
Connected Minerals Limited, an ASX-listed critical minerals explorer, concentrates on niobium, rare earths and uranium projects across Angola, Namibia and Western Australia. Its planned acquisition of Frontier Group CRM Pty Ltd will give it an indirect 80% stake in the Bailundo Carbonatite Project, a significant niobium and rare earths prospect in Angola.
The company has announced a change of its registered office and principal place of business to Level 28, 140 St Georges Terrace in Perth, Western Australia, effective immediately. The move, which also includes a new main telephone contact, signals an updated corporate base that may support its expanding exploration portfolio and ongoing transaction activities.
More about Connected IO
Connected Minerals Limited is an Australian-headquartered critical minerals company listed on the ASX and focused on the exploration of niobium, rare earths and uranium. The company is acquiring Frontier Group CRM Pty Ltd, which holds an indirect 80% interest in the Bailundo Carbonatite Project in Angola, and it also maintains a portfolio of exploration assets in Namibia and Western Australia.
The Bailundo Carbonatite Project is described as a large-scale carbonatite complex prospective for niobium and rare earth elements, reinforcing Connected Minerals’ strategic focus on key inputs for emerging technologies. With operations spanning Angola, Namibia and Western Australia, the company is positioning itself across multiple jurisdictions in the global critical minerals supply chain.
Average Trading Volume: 148,509
Technical Sentiment Signal: Hold
Current Market Cap: A$18.07M
For detailed information about CML stock, go to TipRanks’ Stock Analysis page.