Steadright adds exploration licences to TitanBeach

Executive Summary

• Steadright Critical Minerals purchased two additional exploration licences for the TitanBeach titanium project in Morocco, bringing NSM Capital’s contiguous claim area to 192 km².
• The purchase price for the licences was $80,125 paid through an intermediary.
• The company granted incentive stock options to directors, officers and consultants to purchase up to 1.91 million common shares at C$0.17 per share, exercisable over three years with a hold period expiring 8 Feb 2026.

Key Details

• Two new claims were acquired jointly by Steadright Critical Minerals Inc. and Critical Foundation Metals Inc. (CFM) and will be inserted into NSM Capital Sarl.
• NSM Capital now controls 192 km² of contiguous land comprising the TitanBeach titanium project.
• Additional licences for two other claims are expected to be announced shortly, further expanding the project footprint.
• The licences were purchased for a total consideration of $80,125, transacted via an intermediary and registered under NSM Capital.
• Exploration activities continue; Steadright plans to apply for a mining permit soon as its comprehensive mining and environmental protection plan nears completion.
• Incentive stock options granted under the company’s option plan:
• Up to 1.91 million common shares may be purchased.
• Exercise price: C$0.17 per share.
• Options exercisable for a period of three years.
• Hold period on underlying shares expires 8 Feb 2026, in line with CSE policies and applicable securities laws.

Notable Quotes

• “Our team has been spending significant time within Morocco laying the foundation for a smooth transition out of the exploration stage… I am very pleased.” – Matt Lewis, CEO