Results of Entitlement Offer
Released
Released
Announcement PDF
ASX Announcement
Released 11th November 2024
RESULTS OF ENTITLEMENT OFFER
Brazilian Critical Minerals Limited (ASX:BCM) (BCM or the Company) advises that the pro-rata nonrenounceable Rights issue announced to the ASX on 14 October 2024 (Offer) closed at 5:00pm on 6
November 2024.
The Offer, offered eligible shareholders registered on the Record Date the ability to subscribe for New
Shares on the basis of one (1) Share (New Share) for every three (3) Shares held, at an issue price of
$0.01 per New Share to raise up to $2,897,304 (before costs).
Total applications received for the New Shares (including shortfall applications) were 19,319,163 raising
$193,191.63. The 19,319,163 New Shares have been issued as per the timetable for the Offer set out in
the prospectus date 14 October 2024.
The Company reserves the right to place any Shortfall Shares as set out in Section 3.4 of the Offer.
If you have any queries concerning the Offer, please contact your financial adviser or Company
Secretary, Ben Donovan on +61 8 6383 7820.
This announcement has been authorised for release by the Company Secretary.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
ASX Announcement
Released 11th November 2024
About Brazilian Critical Minerals Ltd
Brazilian Critical Minerals Limited (BCM) is a mineral
exploration company listed on the Australian
Securities Exchange.
Its major exploration focus is Brazil, in the Apuí
region, where BCM has discovered a world class
Ionic Adsorbed Clay (IAC) Rare Earth Elements
deposit. The Ema IAC project is contained within the
781 km² of exploration tenements within the
Colider Group.
BCM has defined an inferred MRE of 1.02Bt1 of
REE’s with metallurgical recoveries averaging 68%2
MREO.
The Company is currently converting a portion of
this MRE from Inferred into the Indicated category
with an extensive drill program which will inform
the scoping study and economic analysis due for
completion in late 2024.
For further information, please contact:
Andrew Reid
Managing Director
Brazilian Critical Minerals Ltd
E: andrew.reid@braziliancriticalminerals.com
M: +61 432 740 975
References
1
Brazilian Critical Minerals (ASX:BCM) ASX Announcement “Massive Maiden Mineral Resource Estimate
for Ema Project” 22.04.24
2
Brazilian Critical Minerals (ASX:BCM) ASX Announcement “World Leading Recoveries Confirmed at Ema
Project” 07.05.24
The Company confirms that it is not aware of any new information or data that materially affects the
information included in the relevant market announcement and, in the case of mineral resource
estimate, that all material assumptions and technical parameters underpinning the estimates in the
relevant market announcement continue to apply and have not materially changed. Refer to ASX
announcement dated 22 April 2024.
Brazilian Critical Minerals Ltd (ABN: 82 089 221 634)
AUS: Level 28, 140 St Georges Terrace, Perth WA 6000 T +61 8 6383 7820
BRA: Av Jornalista Riccardo Marinho, 360, Sala 113, Barra da Tijuca, Rio de Janeiro T +55 21 2439 57
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