Financings
Supreme Critical Metals Announces Final Closing of the Flow Through Unit Financing

CRIT · Price
Executive Summary
- Supreme Critical Metals closed the final tranche of its non‑brokered Flow‑Through Unit private placement, raising an additional $30,100.
- The overall financing now totals $763,350.19 from the sale of 3,550,466 Flow‑Through Units at $0.215 per unit.
- Proceeds are earmarked for exploration activities on the Company’s North American properties.
Key Details
- First Tranche: Raised $733,250.19 through the sale of 3,410,466 Flow‑Through Units at $0.215 per unit.
- Second (Final) Tranche: Raised $30,100 via the sale of 140,000 Flow‑Through Units.
- Unit Structure: Each Flow‑Through Unit consists of one common share and half of a common share purchase warrant; each whole warrant allows purchase of one additional common share at an exercise price of $0.30 for 24 months.
- Warrant Acceleration Clause: The Company may accelerate expiry if the 20‑day VWAP exceeds $0.60 per share for 10 consecutive days.
- Tax Treatment: Each unit qualifies as a “flow‑through share” under subsection 66(15) of the Canadian Income Tax Act.
- Trading Restrictions: Securities issued are subject to trading restrictions until April 20, 2026.
- Use of Proceeds: Funds will be used for exploration on the Company’s properties.
- Regulatory Note: The securities have not been and will not be registered under the U.S. Securities Act; they may not be offered or sold in the United States absent an exemption or registration.
Notable Quotes
“We are pleased to complete this financing, which provides essential capital to advance our exploration programs across North America.” – Glen R. Watson, President & CEO
All boilerplate, forward‑looking disclaimer language and generic company descriptions have been omitted for clarity.
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Mar 02, 2026 · 21:00