Northwire Canada EditionSunday, August 9, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Financings

Supreme Critical arranges $1-million private placement

CRIT · Price

Executive Summary

  • Supreme Critical Metals Inc. has announced a non-brokered private placement under the Listed Issuer Financing Exemption (LIFE), offering up to 6,666,667 units at 15 cents per unit.
  • The offering targets minimum gross proceeds of $540,000 and maximum gross proceeds of approximately $1,000,000.05.
  • The closing is anticipated on or about January 15, 2026, subject to regulatory approvals, including conditional approval from the Canadian Securities Exchange.

Key Details

  • Offering Structure: Non-brokered private placement consisting of a maximum of 6,666,667 units and a minimum of 3.6 million offered units.
  • Price: 15 cents per offered unit.
  • Proceeds: Minimum gross proceeds of $540,000; maximum gross proceeds of up to $1,000,000.05.
  • Concurrent Offering: The company’s previously announced offering of up to 4,651,162 flow-through (FT) units at 21.5 cents per FT unit (for proceeds up to $1 million) continues concurrently. The LIFE offering closing is not conditional upon the closing of the FT offering.
  • Unit Composition: Each unit consists of one common share and one common share purchase warrant.
  • Warrant Terms: Each whole warrant is exercisable for 12 months from the closing date at an exercise price of 21 cents per warrant.
  • Regulatory Status: Securities are issued pursuant to the Listed Issuer Financing Exemption (LIFE) under Part 5A of National Instrument 45-106. No hold period applies.
  • Jurisdiction: Available to purchasers resident in all Canadian provinces except Quebec, Newfoundland and Labrador, and Prince Edward Island.
  • Use of Proceeds: General corporate and working capital purposes.
  • Closing Date: Anticipated on or about January 15, 2026, subject to conditions including receipt of necessary approvals.
Read the original news release →

More from Supreme Critical Metals Inc