CRITICAL MINERAL RESOURCES PLC

• ⚠

  Material uncertainty over going concern

  We draw attention to note 3 in the financial statements, which indicates that the group is reliant on the receipt of financing both through existing arrangements entered into post-year end, as well as on securing further financing in the 12 month period following the approval of the financial statements, in order to fund working capital requirements and project investment. As stated in note 3, these events or conditions, indicate that a material uncertainty exists that may cast significant doubt on the group's and parent company's ability to continue to be a going concern. Our opinion is not modified in respect of this matter.

1. CRITICAL MINERAL RESOURCES PLC 2023-08-16 → present
2. CAERUS MINERAL RESOURCES PLC 2018-09-18 → 2023-08-16
3. LEOPARD MINERAL INVESTMENTS PLC 2018-01-08 → 2018-09-18
4. LEOPARD MINERAL INVESTMENTS LIMITED 2017-11-01 → 2018-01-08

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 3 in the financial statements, which indicates that the group is reliant on the receipt of financing both through existing arrangements entered into post-year end, as well as on securing further financing in the 12 month period following the approval of the financial statements, in order to fund working capital requirements and project investment. As stated in note 3, these events or conditions, indicate that a material uncertainty exists that may cast significant doubt on the group's and parent company's ability to continue to be a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. CRITICAL MINERAL RESOURCES PLC · parent
   1. Atlantic Research Minerals SARL 80% · Morocco · Mineral exploration

Significant events

• “On 10 March 2025, the Company announced it had signed an investment agreement with Gilini Holdings Ltd (the "Investor") which has committed to an investment of up to £2,500,000”
• “On 20 March 2025, the Company announced that it had secured an additional £462,474 (US$600,000) through the issue of convertible loan notes”
• “On 27 March 2025, the Company announced that it had converted the balance of the outstanding loan notes of £237,483 into 20,459,728 new ordinary shares”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

7

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +182.7%

  £24,785 → £70,073

• Net assets

  -227.2%

  -£83,897 → -£274,471

• Employees

  +100%

  4 → 8

• Operating profit

  +19%

  -£1,015,481 → -£822,417

• Profit before tax

  +19%

  -£1,015,481 → -£822,417

• Wages

  -24.7%

  £405,737 → £305,663

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers