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CMG - Critical Minerals Group

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Critical Minerals Group Limited (CMG) was formed to identify, secure, acquire and develop critical mineral resource tenements in proven regions of Australia.

The primary object of CMG is to focus on mineral exploration and development of resource opportunities that have the potential to deliver growth of CMG for the benefit of Shareholders. CMG is building a valuable position in the vanadium market. CMG owns a tenement in north-west Queensland located near the town of Julia Creek, which is its flagship project known as the Lindfield Project.

While the Lindfield Project is at the greenfield stage of exploration, it is located in an area that has evidence of vanadium targets either within the Lindfield Project or within the immediate area around the Lindfield Project. The Lindfield Project has a JORC Code inferred mineral resource of 210 mt @ 0.39% V2O5 (vanadium pentoxide).

It is anticipated that CMG will list on the ASX during September 2022.

 

Dona Ferentes

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Listing date27 September 2022 #
Contact details Ph: (07) 5555 5055
Principal ActivitiesMineral exploration
GICS industry groupTBA
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeCMG
Capital to be Raised$5,000,000
Expected offer close date12 September 2022
UnderwriterNot underwritten. Vested Equities Pty Ltd and Harbury Advisors Pty Ltd (Joint Lead managers).
 
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