Allied Critical Metals Announces Upsized $16.25 Million LIFE Offering

Executive Summary

• Allied Critical Metals increased its previously announced private placement, now targeting up to $16.25 million in gross proceeds by issuing up to 27,083,333 common shares at $0.60 per share.
• Net proceeds are earmarked for ongoing exploration and development of the Borralha and Vila Verde Tungsten Projects in Portugal, as well as additional working capital.
• The offering is expected to close around October 21, 2025, subject to CSE approval, and may include finder’s cash commissions and warrants up to 7% of gross proceeds or shares issued.

Key Details

• Offering Size: Up to $16,250,000 gross proceeds.
• Shares Offered: Up to 27,083,333 common shares at $0.60 per share.
• Pricing & Terms: Non‑brokered private placement under the Listed Issuer Financing Exemption (NI 45‑106). No hold period required for Canadian investors (excluding Quebec) and certain foreign jurisdictions.
• Use of Proceeds:
• Exploration and development activities on the Borralha Tungsten Project.
• Exploration and development activities on the Vila Verde Tungsten Project.
• Additional working capital needs.
• Closing Date: Expected on or about October 21, 2025, subject to CSE approval.
• Finder’s Compensation (if applicable):
• Cash commission up to 7% of gross proceeds.
• Finder’s warrants equal to up to 7% of the number of shares issued, exercisable at $0.60 per share for a period of 24 months from closing.
• Regulatory Status: Offering pending approval by the Canadian Securities Exchange (CSE).
• Exemptions & Restrictions: Offer not made in the United States; securities not registered under the U.S. 1933 Act.

Notable Quotes

(No direct quotes were provided in the release.)