Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp”), a
leading mining development company focused on critical metals and
minerals and producing strategic products essential to
electrification and next generation technologies for Europe and its
western world partners, today announced that it has been selected
for inclusion in the Russell 2000® Index, Russell 3000® Index, and
the Russell Microcap® Index, effective at the open of US equity
markets on Monday, July 1st, as part of the 2024 Russell indexes
annual reconstitution.
“We are honored to have been chosen for
inclusion in the Russell 2000®, Russell 3000® and Russell Microcap®
indexes,” said Tony Sage, CEO and Chairman of Critical Metals Corp.
“This is a significant milestone for Critical Metals Corp and a
testament to our team’s hard work and dedication. Inclusion in
these indexes enhances our visibility within the investment
community, broadens our investor base, and better positions us to
create long-term value for our shareholders and execute on our
strategic objectives.”
The annual Russell US indexes reconstitution
captures the 4,000 largest US stocks as of Tuesday, April 30th,
ranking them by total market capitalization. Membership in the US
all-cap Russell 3000® Index, which remains in place for one year,
means automatic inclusion in the large-cap Russell 1000® Index or
small-cap Russell 2000® Index as well as the appropriate growth and
value style indexes. Membership in the Russell Microcap® Index,
which also remains in place for one year, means automatic inclusion
in the appropriate growth and value style indexes. FTSE Russell
determines membership for its Russell indexes primarily by
objective, market-capitalization rankings, and style
attributes.
Russell indexes are widely used by investment
managers and institutional investors for index funds and as
benchmarks for active investment strategies. According to the data
as of the end of December 2023, about $10.5 trillion in assets are
benchmarked against the Russell US indexes, which belong to FTSE
Russell, a prominent global index provider.
For more information on the Russell 2000® Index,
Russell 3000® Index, the Russell Microcap® Index and the Russell
indexes reconstitution, go to the “Russell Reconstitution” section
on the FTSE Russell website.
About Critical Metals Corp.
Critical Metals Corp (Nasdaq: CRML) is a leading
mining development company focused on critical metals and minerals,
and producing strategic products essential to electrification and
next generation technologies for Europe and its western world
partners. Its initial flagship asset is the Wolfsberg Lithium
Project located in Carinthia, 270 km south of Vienna, Austria. The
Wolfsberg Lithium Project is the first fully permitted mine in
Europe and is strategically located with access to established road
and rail infrastructure and is expected to be the next major
producer of key lithium products to support the European market.
Wolfsberg is well positioned with offtake and downstream partners
to become a unique and valuable building block in an expanding
geostrategic critical metals portfolio.
For more information, please visit
https://criticalmetalscorp.com/.
About FTSE Russell:
FTSE Russell is a leading global provider of
benchmarking, analytics, and data solutions for investors, giving
them a precise view of the market relevant to their investment
process. A comprehensive range of reliable and accurate indexes
provides investors worldwide with the tools they require to measure
and benchmark markets across asset classes, styles, or
strategies.
FTSE Russell index expertise and products are
used extensively by institutional and retail investors globally.
For over 30 years, leading asset owners, asset managers, ETF
providers and investment banks have chosen FTSE Russell indexes to
benchmark their investment performance and create ETFs, structured
products, and index-based derivatives.
FTSE Russell is focused on applying the highest
industry standards in index design and governance, employing
transparent rules-based methodology informed by independent
committees of leading market participants. FTSE Russell fully
embraces the IOSCO Principles, and its Statement of Compliance has
received independent assurance. Index innovation is driven by
client needs and customer partnerships, allowing FTSE Russell to
continually enhance the breadth, depth and reach of its
offering.
FTSE Russell is wholly owned by London Stock
Exchange Group.
For more information, visit
https://www.lseg.com/en/ftse-russell.
Cautionary Note Regarding Forward
Looking Statements
This news release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended (the “Exchange Act”). Forward-looking
statements include, without limitation, statements regarding the
financial position, financial performance, business strategy,
expectations of our business and the plans and objectives of
management for future operations. These statements constitute
projections, forecasts and forward-looking statements, and are not
guarantees of performance. Such statements can be identified by the
fact that they do not relate strictly to historical or current
facts. When used in this news release, forward-looking statements
may be identified by the use of words such as “estimate,” “plan,”
“project,” “forecast,” “intend,” “will,” “expect,” “anticipate,”
“believe,” “seek,” “target,” “designed to” or other similar
expressions that predict or indicate future events or trends or
that are not statements of historical facts. In addition, any
statements that refer to projections, forecasts or other
characterizations of future events or circumstances, including any
underlying assumptions, are forward-looking statements.
These forward-looking statements may include
statements, among other things, relating to: general economic
conditions and conditions affecting the industries in which the
Company operates; expansion and other plans and opportunities,
including expansion into other strategic assets; and other
statements preceded by, followed by or that include the words
“estimate,” “plan,” “project,” “forecast,” “intend,” “will,”
“expect,” “anticipate,” “believe,” “seek,” “target” or similar
expressions.
Forward-looking statements are subject to known
and unknown risks and uncertainties and are based on potentially
inaccurate assumptions that could cause actual results to differ
materially from those expected or implied by the forward-looking
statements. Actual results could differ materially from those
anticipated in forward-looking statements for many reasons,
including the factors discussed under the “Risk Factors” section in
the Company’s Shell Company Report on Form 20-F filed with the U.S.
Securities and Exchange Commission (the “SEC”) on March 3, 2024 and
in the Company’s proxy statement/prospectus, dated December 27,
2023, as supplemented by that proxy statement/prospectus supplement
No. 1, dated February 15, 2024, forming a part of Registration
Statement on Form F-4 (File No. 333-268970), as amended, which was
declared effective on December 27, 2023. These forward-looking
statements are based on information available as of the date of
this news release, and expectations, forecasts and assumptions as
of that date, involve a number of judgments, risks and
uncertainties. Accordingly, forward-looking statements should not
be relied upon as representing our views as of any subsequent date,
and we do not undertake any obligation to update forward-looking
statements to reflect events or circumstances after the date they
were made, whether as a result of new information, future events or
otherwise, except as may be required under applicable securities
laws.
Critical Metals Corp.
Investor Relations: ir@criticalmetalscorp.com
Media: pr@criticalmetalscorp.com
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