CMFC Reports Strong Financial Growth Post-Transformation

Critical Minerals Financing Corp Plc (CMFC), which transitioned from Deap Capital Management & Trust Plc, has reported significant financial improvements three months after its restructuring approved by shareholders. The company, now focused on Africa’s critical minerals sector, posted an income of N82.641 million for the nine months ending June 30, 2026, a stark contrast to zero income during the same period in 2025.

This income was primarily generated between March and June 2026. CMFC also reported a robust cash position exceeding N6 billion, enabling potential business funding for future income growth.

The company has settled a debt of N430 million with AMCON, which previously held a 16% stake but is no longer a shareholder. Banklink Africa Private Equities Limited is now the majority shareholder, having committed N6 billion to facilitate CMFC's corporate transition.

Since August 2025, over 1.44 billion shares have been traded, indicating strong investor interest and a significant increase in stock liquidity.