Financings
American Critical Minerals Announces $4.0 Million Bought Deal Offering and Concurrent $2.0 Million Non-Brokered Private Placement

KCLI · Price
Executive Summary
- American Critical Minerals Corp. entered into a bought‑deal underwriting agreement with Research Capital Corporation for 11,429,000 units at $0.35 per unit, targeting gross proceeds of $4,000,150.
- The company simultaneously announced a non‑brokered private placement of up to 5,714,286 units at the same price, potentially raising an additional $2,000,000.
- Combined, the transactions are expected to generate up to $6 million in gross proceeds for working capital and general corporate purposes.
Key Details
- Underwritten Offering
- Underwriter: Research Capital Corporation (sole underwriter & bookrunner)
- Units offered: 11,429,000
- Price per unit: $0.35
- Gross proceeds: $4,000,150
- Unit composition: 1 common share + ½ warrant (each whole warrant allows purchase of one common share at $0.45)
- Warrants exercisable after 60 days post‑closing; term 36 months.
- Underwriter’s cash commission: 7.0% of gross proceeds.
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Broker warrants: equal to 7.0% of units sold, exercisable at the offering price for 36 months.
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Concurrent Non‑Brokered Private Placement
- Units offered: up to 5,714,286
- Price per unit: $0.35
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Maximum gross proceeds: $2,000,000
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Overall Financing Structure
- Total potential gross proceeds: up to $6,000,150 (rounded to $6 million).
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Use of proceeds: working capital and general corporate purposes.
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Underwriters’ Option
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Ability to increase the offering by up to an additional 15% of the base units (≈1,714,350 units) exercisable up to 48 hours before closing.
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Closing Timeline
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Expected closing week: around October 27, 2025, subject to regulatory approvals including conditional approval from the Canadian Securities Exchange.
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Regulatory & Offering Framework
- Offered under the listed issuer financing exemption (NI 45‑106) in all Canadian provinces except Quebec and other qualifying jurisdictions, including the United States.
- Units will be “free‑trading” immediately upon issuance.
Notable Quotes
- “The net proceeds from the Offering of the Units will be used for working capital and general corporate purposes.” – Simon Clarke, President & CEO
All forward‑looking statements are subject to risks and uncertainties detailed in the company’s filings.
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Jun 29, 2026 · 18:07