Critical Metals Corp. [CRMLW]
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This security represents warrants to purchase common shares of Critical Metals Corp., a mineral exploration company focused on critical minerals. Warrants are derivative securities that give holders the right, but not the obligation, to buy the underlying stock at a specified price (strike price) within a certain time period. These warrants trade independently from Critical Metals's common stock (CRML) and provide leveraged exposure to the company's share price movements. The value of these warrants depends on factors including the underlying stock price, time to expiration, and volatility.