Financings

Critical Reagent arranges $236,250 private placement

By The Northwire Desk — AI Analysis Jan 09, 2026 · 18:57 CRPC · 0.09 Critical Reagent Processing Corp

CRPC · Price

Critical Reagent Processing Corp. announced a non‑brokered private placement of up to 3.5 million common shares at $0.0675 per share, targeting gross proceeds of up to $236,250.
The net proceeds are earmarked for general working capital to support ongoing operations and project evaluation.
The placement is subject to CSE approval; all issued securities will be under a statutory hold period expiring four months after closing.

Placement Size: Up to 3,500,000 common shares.
Price per Share: $0.0675 (6.75 cents).
Gross Proceeds Target: Up to $236,250.
Regulatory Condition: Requires approval of the Canadian Securities Exchange (CSE).
Statutory Hold Period: Shares issued will be subject to a hold period that expires four months from the closing date.
Use of Net Proceeds: Intended for general working capital purposes.
Project Context: The company has completed its purchase option agreement to acquire up to 100 % interest in the Mina Laguna Santa Maria soda‑ash project in Salta Province, Argentina, which supports lithium carbonate production. Results of a bulk sample chemical evaluation are expected shortly.

(No direct quotes were provided in the release.)