10:19 AM EDT, 04/21/2026 (MT Newswires) -- Critical Metals (CRML) said Tuesday it launched a private placement of nearly 6 million common shares at $10 apiece for gross proceeds of $60 million.

The offering is expected to close on Wednesday, according to a statement.

Net proceeds will be used for working capital, including the development of the Tanbreez project, the company said.

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