Namibia Critical Metals (TSX-V:NMI, OTCQB:NMREF) announced it has received C$1.15M from the full exercise of 14.76M previously issued share purchase warrants.
The first tranche, 6.43M warrants at C$0.05 each, stemmed from a Nov. 2024 private placement, while the second, 8.33M warrants at C$0.10, came from a Dec. 2023 placement.
The company plans to use the proceeds for general working capital.