Three months after shareholders approved the change from Deap Capital Management & Trust Plc to Critical Minerals Financing Corp Plc (CMFC), the company has started showing very bright prospects going by its latest financial results for nine months ended June 30, 2026.
The company was restructured following the entry of Banklink Africa Private Equities Limited as a core investor, making CMFC as a specialised financing and investment Banking institution focused on developing Africa’s critical minerals, metals, and commodities sectors. Unaudited interim financial statements of the company for the nine month ended
June 30, 2026 submitted to the NGX on August5, showed that CMFC has started to earn income and closing period with a robust cash position.
Specifically, unlike the nine months ended June 2025 when the company recorded zero income, it ended nine months in 2026 with an income of N82.641 million. A further analysis of the earnings showed that 90 per cent was recorded between
March and June 2026. Also, the company closed the period with a robust cash position of over N6 billion, a situation market analysts said gives the company opportunity for business funding to earn more income in the coming months.
