Allied Critical arranges $10-million private placement

Executive Summary

• Allied Critical Metals Inc. announced a non‑brokered private placement to raise up to $10 million by issuing up to 16,666,666 common shares at C$0.60 per share.
• Net proceeds are earmarked for continued exploration and development of the Borralha and Vila Verde tungsten projects in Portugal, plus additional working capital.
• The offering is subject to CSE approval, with an expected closing around October 21, 2025, and may include finder’s cash commissions and warrants up to 7 % of gross proceeds/shares issued.

Key Details

• Offering Size: Up to $10 million in gross proceeds.
• Shares Offered: Up to 16,666,666 common shares at C$0.60 per share.
• Financing Structure: Non‑brokered private placement under the listed issuer financing exemption (NI 45‑106 Part 5A), exempt from hold periods in Canada (excluding Quebec) and certain foreign jurisdictions.
• Use of Proceeds:
• Ongoing exploration and development at the Borralha tungsten project (Portugal).
• Advancement of the Vila Verde tungsten project (Portugal).
• General working capital needs.
• Regulatory Conditions: Offering requires approval by the Canadian Securities Exchange (CSE).
• Closing Timeline: Expected to close on or about October 21, 2025, subject to change at company discretion.
• Finder’s Compensation:
• Cash commission up to 7 % of gross proceeds.
• Finder’s warrants equal to up to 7 % of the number of shares issued, each warrant exercisable for one additional share at C$0.60 per share for a period of 24 months from closing.
• Documentation: Offering memorandum available on SEDAR+ and company website; prospective investors urged to review it before investing.

Notable Quotes

(No direct quotes were provided in the release.)