Highland Critical gets $736,462 from warrant exercise

Executive Summary

• Highland Critical Minerals Corp. reported the exercise of warrants resulting in the issuance of 4,909,750 Class A common shares and gross proceeds of $736,462.50 since September 30, 2025.
• The company’s consolidated cash balance stands at approximately $875,000, which will fund ongoing exploration activities, the planned spinout of Highland Red Lake Gold Corp., general working capital, and the identification of new strategic acquisitions.
• CEO Ted Yew highlighted that the current treasury balance positions the company to continue exploration at its Sy property and the Red Lake gold district while minimizing shareholder dilution through strategic acquisitions.

Key Details

• Warrant Exercises: 4,909,750 Class A common shares issued.
• Gross Proceeds: $736,462.50.
• Cash Balance: Approximately $875,000.
• Use of Proceeds:
  • Finance exploration activities.
  • Fund the plan of arrangement for the spinout of Highland Red Lake Gold Corp. (announced Aug. 20, 2025).
  • General working capital.
  • Identify new strategic acquisitions.
• Exploration Focus: Sy property and the Red Lake gold district.
• Strategic Goal: Minimize dilution to current shareholders through well-funded acquisitions.

Notable Quotes

• "We are extremely pleased to have the continued support of our shareholders through the warrant exercises. With the current treasury balance, the company is well positioned to carry on its planned exploration activities at its Sy property and at the Red Lake gold district. As well, the company is well funded to identify additional strategic acquisitions, minimizing any dilution to current shareholders." — Ted Yew, Chief Executive Officer