Northwire Canada EditionTuesday, August 11, 2026
Northwire
CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8% CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8%
Financings

Supreme Critical Metals Announces Private Placements of up to $2,000,000

CRIT · Price

Executive Summary

  • Supreme Critical Metals Inc. announced two non‑brokered private placement financings targeting up to $2,000,000 in gross proceeds.
  • The offerings consist of (i) up to 6,666,666 “Non‑FT Units” at $0.15 per unit and (ii) up to 4,651,162 “Flow‑Through Units” at $0.215 per unit.
  • Proceeds will be used for exploration on the Company’s properties and general corporate purposes; closing is expected around December 8, 2025 pending regulatory approvals.

Key Details

  • Non‑FT Units:
  • Quantity: up to 6,666,666 units
  • Price per unit: $0.15
  • Gross proceeds target: up to $1,000,000
  • Composition: 1 common share + 1 common‑share purchase warrant (exercise price $0.021, two‑year term)
  • Warrant acceleration clause triggered if VWAP > $0.60 for 10 consecutive days; expiry may be accelerated to ≥30 days after notice.

  • Flow‑Through Units (FT Units):

  • Quantity: up to 4,651,162 units
  • Price per unit: $0.215
  • Gross proceeds target: up to $1,000,000
  • Composition: 1 common share + ½ of a common‑share purchase warrant (exercise price $0.30, 24‑month term)
  • Units qualify as “flow‑through shares” under subsection 66(15) of the Canadian Income Tax Act.

  • Use of Proceeds: Exploration activities on existing properties and general corporate purposes.

  • Closing Date: Expected on or about December 8, 2025, subject to receipt of all required approvals (including CSE approval).

  • Regulatory Notice: Securities are not registered under the U.S. Securities Act and may not be offered or sold in the United States absent an exemption.

Notable Quotes

  • “We are pleased to provide investors with these financing opportunities, which will fund our continued exploration program and support the growth of Supreme Critical Metals.” – Glen R. Watson, President & CEO.
Read the original news release →

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