Supreme Critical Metals Announces First Closing of the Flow Through Unit Financing

Executive Summary

• Supreme Critical Metals completed the first closing of its non‑brokered flow‑through unit private placement, raising $733,250.19.
• The offering sold 3,410,466 Units at $0.215 per unit, each consisting of one common share and a half‑warrant (full warrant to purchase an additional share at $0.30).
• Proceeds are earmarked for exploration activities on the Company’s properties.

Key Details

• Units Sold: 3,410,466 Flow‑Through Units.
• Unit Price: $0.215 per unit (total gross proceeds $733,250.19).
• Composition of Each Unit:
• 1 common share of Supreme Critical Metals.
• ½ of a common share purchase warrant (full warrant allows purchase of one additional share at $0.30 for 24 months).
• Warrant Acceleration Clause: The Company may accelerate expiry if the 20‑day VWAP exceeds $0.60 for 10 consecutive days.
• Finder’s Fees Paid: $51,327.51 to qualified finders.
• Broker Warrants Issued: 238,733 broker warrants on the same terms as the FT Unit warrants.
• Trading Restrictions: Securities issued are restricted from trading until April 9 2026.
• Use of Proceeds: Dedicated to exploration programs on existing properties.
• Regulatory Notice: Securities not registered under U.S. securities laws; offering not available to U.S. investors absent exemption.

Notable Quotes

“The successful first closing of our flow‑through financing provides essential capital to advance our exploration agenda and underscores investor confidence in Supreme’s strategic focus.” – Glen R. Watson, President & CEO.