Lion Selection Group Limited (ASX:LSX) has committed to invest $0.5 million in Critica Limited (ASX:CRI) as part of an $8 million placement. The placement is priced at 2.6 cents per share, with investors receiving one free attaching option per share, exercisable at 4.3 cents each and expiring two years from the issue date. Upon completion, Lion will hold a 2.4% stake in Critica. The investment supports Critica's advancement of the Jupiter Rare Earth project in Western Australia, which is noted as the country's largest magnet REE resource.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Critica Limited published the original content used to generate this news brief on November 16, 2025, and is solely responsible for the information contained therein.