Critical Metals closes deal for remaining 50.5% stake in Tanbreez, lifts ownership to 92.5%
PUBT · 6d ago
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- Critical Metals closed transfer of remaining 50.5% interest in Tanbreez Mining Greenland, lifting its stake to 92.5%.
- Consideration included issuance of 14,500,000 ordinary shares.
- European Lithium retains 7.5% interest in Tanbreez.
- Non-binding letter of intent signed to acquire European Lithium, which would raise Tanbreez ownership to 100% if completed.
- Tanbreez project in southern Greenland is described as one of world’s largest known deposits of heavy rare earth elements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Critical Metals Corp. published the original content used to generate this news brief on April 30, 2026, and is solely responsible for the information contained therein.
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