Deap Capital Management & Trust Plc has formally completed its corporate name change to Critical Minerals Financing Corp. Plc (CMFC Plc) to reflect the company’s evolution into a specialized mining, metals, commodities finance, and investment platform.
The transition reflects CMFC Plc’s sharpened focus on capital structuring, investment banking, transaction advisory, project development support, and financing solutions for stakeholders across the minerals and commodities sector.
Additionally, the Company has also relocated its corporate headquarters to number 1 Akin Adesola Street, Victoria Island, Lagos.
Commenting on the development, the Chairman of CMFC Plc, Mr. Lamon Rutten, stated: “The completion of our transition to Critical Minerals Financing Corp. Plc marks the beginning of an exciting new phase for the Company.
“We are strategically positioned to deliver world-class capital structuring, advisory, and financing solutions to mining and metals companies operating across gold, copper, cobalt, lithium, tungsten, tin, tantalum, and other critical mineral sectors.” He said.
Rutten noted that CMFC Plc’s strategy is focused on addressing the significant financing and transaction-structuring gap within Africa’s mining industry by combining global financial expertise, sector-specific knowledge, and strategic partnerships.
Following the change, CMFC intends to work closely with mining companies, commodity traders, institutional investors, development finance institutions, governments, and international partners to unlock value across the minerals ecosystem while supporting industrial development, beneficiation, and export growth.
About Deap Capital (CMFC)
Critical Minerals Financing Corporation Plc (CMFC), formerly known as DEAP Capital Management & Trust Plc, is a Nigerian Exchange-listed financial services company undergoing a strategic transformation into a specialist financing institution focused on Africa’s critical minerals sector.
Originally incorporated in 2002, DEAP Capital operated as a fund and portfolio management company, providing investment management, financial advisory, issuing house, and capital market services to institutional and high-net-worth clients.
The company’s recent restructuring follows the entry of Banklink Africa Private Equities Limited as a core investor and a ₦6 billion recapitalization programme designed to reposition the business as a leading financier of mining and critical minerals projects across Africa.
CMFC’s strategic focus includes financing, structuring, and supporting projects involving critical minerals such as lithium, copper, rare earth elements, tin, and zinc; resources that are increasingly important for electric vehicles, renewable energy technologies, battery manufacturing, and the global energy transition.
