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)
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Warrant acceleration clause triggered if VWAP > $0.60 for 10 consecutive days; expiry may be accelerated to ≥30 days after notice.
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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)
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Units qualify as “flow‑through shares” under subsection 66(15) of the Canadian Income Tax Act.
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Use of Proceeds: Exploration activities on existing properties and general corporate purposes.
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Closing Date: Expected on or about December 8, 2025, subject to receipt of all required approvals (including CSE approval).
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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.
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Mar 02, 2026 · 21:00