American Critical Minerals Recaps a Highly Successful 6 Months and Files Amended and Restated Technical Report

Executive Summary

• The company filed an amended and restated NI 43‑101 technical report for its Green River Potash & Lithium Project, outlining conceptual exploration targets for potash (0.5–1.0 bn t sylvinite), lithium (2.1 bn m³ brine at 71.6–216.3 ppm Li) and bromine (2.1 bn m³ brine at 3,656–4,741 ppm Br).
• Balance sheet was significantly strengthened by a bought‑deal and non‑brokered offering that raised $7.45 million in gross proceeds.
• The technical team was expanded with senior advisors Dean Pekeski (Senior Advisor) and Kenneth Taylor (Strategic Advisor); all potash licenses and lithium claims were renewed for the full project area.

Key Details

• Amended & Restated Technical Report
• Filed January 27 2026; confirms no current NI 43‑101 mineral resource estimate.
• Exploration targets:
  • Potash: 0.5–1.0 bn t sylvinite, 12%–18% K₂O (eK₂O) / 19%–29% KCl (eKCl).
  • Lithium: 2.1 bn m³ brine, 71.6–216.3 ppm Li (0.6–1.7 Mt Li₂CO₃ eq).
  • Bromine: 2.1 bn m³ brine, 3,656–4,741 ppm Br (3.3–9.1 Mt Br).

• Targets are conceptual; further exploration required to define a resource.

• Technical Team Strengthening

• Dean Pekeski added as Senior Advisor – former CEO/President of Peak Minerals and EVP of Western Potash Corp.; brings deep potash development expertise.

• Kenneth Taylor added as Strategic Advisor – former CFO of Redmond Minerals; expert in salt minerals and evaporite deposits.

• Financing

• Completed a bought‑deal and non‑brokered offering raising $7,451,000 gross proceeds (press release Nov 3 2025).

• Proceeds earmarked for advancing drilling program, bonding of approved drill holes, and general corporate purposes.

• Licensing & Bonding

• Annual renewal of all potash licenses and lithium claims across the Green River Project (press release Sep 29 2025).

• Bonding secured for four federally authorized drill holes (December 2025); awaiting BLM final approval for a total of seven authorized holes.

• Regulatory & Market Context

• Potash added to USGS Critical Minerals List; bromine identified as a critical mineral in recent U.S. policy documents (White House, Jan 2026).

• U.S. government emphasizing domestic supply chains for critical minerals, potentially opening funding and permitting support.

• Management Quote

• “This was a transformative year for the Company… we are positioned for a very strong 2026 and beyond with a team and balance sheet that enable us to move forward with our plans for drilling…” – Simon Clarke, President & CEO.

Notable Quotes

“On behalf of Management and the Board of Directors … we have positioned ourselves for a very strong 2026 and beyond… we are excited to continue to advance the Green River Project with the goal of unlocking the potential of all three of its critical minerals.” – Simon Clarke, President & CEO.