Rimbal reveals 11.5% stake in Critical Metals
Critical Metals Corp. received a major new shareholder as Gregory Bennett Barnes and his company Rimbal Pty Ltd filed a Schedule 13D. They report beneficial ownership of 14,509,449 Ordinary Shares, equal to 11.5% of the outstanding Ordinary Shares.
Rhea-AI Filing Summary
Critical Metals Corp. received a major new shareholder as Gregory Bennett Barnes and his company Rimbal Pty Ltd filed a Schedule 13D. They report beneficial ownership of 14,509,449 Ordinary Shares, equal to 11.5% of the outstanding Ordinary Shares.
The stake includes 14,500,000 Ordinary Shares issued to Rimbal on April 29, 2026, when Critical Metals received an additional 50.5% ownership interest in Tanbreez Mining Greenland A/S under an Amended and Restated Heads of Agreement. Rimbal also obtained the right to appoint a nominee director to Critical Metals’ board.
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Insights
Rimbal and Gregory Barnes disclose an 11.5% stake and board nomination rights in Critical Metals.
The filing shows Rimbal Pty Ltd and its sole owner Gregory Bennett Barnes beneficially owning 14,509,449 Ordinary Shares of Critical Metals Corp., representing 11.5% of the class based on 126,228,493 shares outstanding as of March 9, 2026.
On April 29, 2026, Rimbal received 14,500,000 shares in exchange for Critical Metals obtaining an additional 50.5% ownership interest in Tanbreez Mining Greenland A/S under an Amended and Restated Heads of Agreement. Barnes and Rimbal share voting and dispositive power over these shares.
The agreement also grants Rimbal the right to appoint a nominee director to Critical Metals’ board, adding a governance element alongside the sizable ownership position. Future company filings may detail how this ownership and board representation influence strategy around the Tanbreez mining assets.
Key Figures
Key Terms
beneficially owned financial
Sole Voting Power financial
Sole Dispositive Power financial
Heads of Agreement financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in Critical Metals Corp. (CRML) did Rimbal Pty Ltd disclose?
Who is Gregory Bennett Barnes in relation to Rimbal Pty Ltd and Critical Metals Corp. (CRML)?
What is the connection between Critical Metals Corp. (CRML) and Tanbreez Mining Greenland A/S?
How was the 11.5% ownership percentage in Critical Metals Corp. (CRML) calculated?
AI-generated analysis. How Rhea-AI works. Not financial advice.