Latest news with #CRML
Yahoo
30-05-2025
- Business
- Yahoo
Critical Metals announces gross proceeds of $2M from exercise of warrants
Critical Metals (CRML) announced the exercise of outstanding warrants to purchase 400,000 ordinary shares of the Company at an exercise price of $5.00 per warrant. The warrants were initially issued to investors at the time of the consummation of the Company's initial public listing on Nasdaq. In connection with the exercise of the warrants, and pursuant to the terms of the original agreement entered into with the investors, the Company removed contractual restrictions on an additional 1,200,000 ordinary shares that were otherwise subject to forfeiture. In connection with the exercise of the warrants, the Company has received gross proceeds of approximately $2M. Critical Metals Corp intends to use the net proceeds from the warrant exercise primarily to help advance the development strategies of its critical mineral projects in Greenland and Europe. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on CRML: Disclaimer & DisclosureReport an Issue Critical Metals releases further high-grade drilling results on Tanbreez Critical Metals publishes deep diamond drill results from Tanbreez Greenland Critical Metals Corp Announces Executive Appointments and Share Issuance for Tanbreez Acquisition Critical Metals announces the appointment of several executive leaders Critical Metals discusses 'China's monopoly' with Speaker of the House Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
NDTV
29-04-2025
- Business
- NDTV
Chennai Metro Conducts Trial Of Driverless Train On 10 km Stretch
Chennai: The Chennai Metro Rail Limited has conducted a trial run of a driverless train on a 10 kilometre stretch, amid much cheer and excitement from commuters. The trial was held between Poonamallee and Porur metro stations as part of the Phase II project on Monday. The line is expected to be open to the public by December. Prior to this, the trial of a driverless train was held only on a three kilometre stretch, till Mullai Thottam. "Extension of testing and trials today marks a significant milestone in the progress of the Phase-2 project of CRML," said M. A. Siddique, who is the managing director of the project. The city already has a 54.1 km-long metro rail route. The Rs 63,246 crore ambitious phase 2 project aims to add a 118.9 km-metro line connecting more areas, including Madhavaram, Sholinganallur, Light House, Poonamallee and Siruseri. The project would have 76.3km elevated lines and 42.6km underground lines. The phase 1 of the metro connects Airport, Wimco Nagar, St Thomas Mount and Chennai Central. The daily passenger traffic touches 86.6 lakh every month. The phase II project will serve as a boon to lakhs of Chennaiites in densely populated pockets of the city, including the IT Corridor, the home for thousands of techies. Easwaran Ram, a software professional at a company in Porur, said: "When I went to Japan, I saw how people in Tokyo use the metro. I'd love to take a metro to travel to other places like the airport." Antony, an entrepreneur on the IT corridor said: "This morning, it took me 90 minutes to drive 21.4 km. The metro will definitely be faster and reliable".
