Release of Securities from Voluntary Escrow
Released
Released
Announcement PDF
MTM Critical Metals Limited
Suite 2, 38 Colin Street
West Perth WA 6005
Phone +61 8 6391 0112
info@mtmmetals.com.au
ABN 27 645 885 463
ASX: MTM
mtmcriticalmetals.com.au
ASX RELEASE
24 September 2024
Release of Escrow Securities
MTM Critical Metals Limited (ASX:MTM) (MTM or the Company) advises that in accordance with ASX Listing
Rule 3.10A, the following securities will be released from escrow:
Number of securities
73,497,088
36,748,542
Type of securities
Fully Paid Ordinary Shares
Listed Options (Exercise price $0.25,
Expiry date 26 November 2024)
Release date
28 September 2024
28 September 2024
These shares and options are currently quoted, and have been subject to voluntary escrow as approved by
Shareholders (Refer Background to Resolutions 4,5,6 and 7 of the Notice of Meeting dated 7 February 2024.
The Company also advises that there are no other securities that remain subject to mandatory and voluntary
escrow.
This announcement has been authorised for release by the Board of Directors.
For further information, please contact:
Michael Walshe
Chief Executive Officer
MTM Critical Metals Limited
Phone: +61 (0)8 6391 0112
Email: michael.walshe@mtmmetals.com.au
Simon Adams
Company Secretary
MTM Critical Metals Limited
Phone: +61 (0)8 6391 0112
Email: simon.adams@mtmmetals.com.au
About MTM Critical Metals Limited
MTM Critical Metals Limited is a dynamic company with a dual focus on mineral exploration and metal recovery technology
development. We hold exploration assets prospective for niobium (Nb), rare earth elements (REE), and gold, strategically located in
Western Australia and Québec. Additionally, we possess exclusive licensing rights to the innovative Flash Joule Heating technology, a
cutting-edge metal recovery and mineral processing method developed by esteemed researchers at Rice University, USA.
Flash Joule Heating (FJH) is an advanced electrothermal process that enhances metal recovery and mineral processing compared to
traditional methods. By rapidly heating materials in a controlled atmosphere, FJH efficiently extracts metals like lithium from
spodumene, gallium from scrap, and gold from e-waste, among others. This technology has the potential to revolutionise metal
recovery by reducing energy consumption, reagent use, and waste, offering a more economical and environmentally friendly
alternative.
MTM’s West Arunta Nb-REE exploration assets are situated in one of Australia’s premier exploration hotspots, where over $60 million
has been invested by ASX-listed companies such as WA1 Resources, Encounter Resources, Rio Tinto (in JV with Tali Resources), and
IGO Limited. MTM also holds tenements in other key mineral regions across Western Australia, including the Mukinbudin Nb-REE
Project, East Laverton Gold & Base Metals Project, and Mt Monger Gold Project. In Québec, the Pomme Project is a highly promising
carbonatite intrusion rich in REE and niobium, located near the world-class Montviel deposit.
RARE EARTHS AND NIOBIUM IN WESTERN AUSTRALIA AND QUEBEC.
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