Canadian Critical arranges minimum $350,000 placement

Executive Summary

• Canadian Critical Minerals Corp. has announced a private placement of up to $1 million in units, priced at 3.5 cents per unit.
• The offering includes common shares and warrants, with proceeds designated for the restart of the Bull River mine project and working capital.
• The transaction is structured under the Listed Issuer Financing Exemption (NI 45-106) and is expected to close around December 8, 2025.

Key Details

• Offering Size: Minimum of 10,000,000 units; Maximum of 28,571,428 units.
• Price: 3.5 cents per unit.
• Gross Proceeds: Minimum of $350,000; Maximum of $1,000,000.
• Unit Composition: Each unit consists of one common share and one common share purchase warrant.
• Warrant Terms: Each warrant is exercisable into one common share at an exercise price of 5 cents for a period of five years.
• Regulatory Basis: Offered pursuant to the Listed Issuer Financing Exemption under National Instrument 45-106 (Part 5A) and Coordinated Blanket Order 45-935.
• Jurisdiction: Available to purchasers resident in all Canadian provinces except Quebec, and/or other qualifying jurisdictions.
• Hold Period: Units and underlying securities are not subject to a hold period under applicable Canadian securities laws.
• Closing Date: Expected on or about December 8, 2025, subject to conditions including TSX Venture Exchange conditional approval.
• Finder’s Fees: The company may pay cash fees equal to 7% of gross proceeds and finders' warrants equal to 7% of the number of units issued.
• Finder’s Warrant Terms: Exercisable for one common share at 5 cents for a period of two years, subject to a statutory hold period of four months and one day.
• Use of Proceeds: To complete the application to restart the Bull River mine project near Cranbrook, B.C., and for general working capital.
• Company Assets: Bull River mine project (100% owned, 150 million pounds of copper); 5.3% interest in XXIX Metal Corp. (holds Thierry copper project); 100% interest in Opemiska copper project.

Notable Quotes

• No direct quotes from management were included in the provided text.