Core Critical Metals Closes $1.5M LIFE Offering

• Core Critical Metals Corp. (CCMC) closed a portion of its previously announced non-brokered private placement on April 22, 2026.
• The LIFE Offering raised gross proceeds of $1,500,000 through the issuance of 3,000,000 units at $0.50 per unit.
• Each unit consists of one common share and one warrant exercisable at $0.75 for 24 months.
• The concurrent private placement portion of the transaction has not yet closed as of this release.
• Proceeds are designated for general working capital, mineral exploration activities, and marketing.
• This follows a February 2026 announcement regarding an option agreement with First Atlantic Nickel Corp. to earn up to 80% interest in the Lucky Mike property.

• The financing close is expected market behavior following the March 17 offering announcement; it does not introduce new strategic information.
• Liquidity has improved by $1.5 million, which supports immediate exploration costs but remains small relative to the $16 million commitment required for the Lucky Mike earn-in.
• The concurrent private placement remains open, creating uncertainty regarding total capital raised versus the initial $3 million target.
• Warrants issued at a $0.75 strike price are currently out-of-the-money given the stock trades near $0.61, limiting immediate dilution pressure but signaling future equity issuance risk if the share price rises above $0.75.
• The Lucky Mike deal announced in February remains the primary value driver; this financing is a tactical step to fund that project rather than a fundamental shift in valuation.

• Core Critical Metals Corp. focuses on exploration of critical metals including copper, silver, tungsten, and nickel in Canada (Ontario, Quebec, British Columbia).
• Flagship Project: Lucky Mike Silver-Copper-Tungsten Property in British Columbia.
• Lucky Mike is a 7,675-hectare property located near Teck Resources' Highland Valley Copper Mine with historic resources of approximately 73.5 million tonnes at 0.27% CuEq.
• Secondary Projects: Bear River Tungsten (Quebec) and Timmins East (Ontario), recently acquired via option exercises in late 2025/early 2026.
• Management led by CEO Deepak Varshney, who serves as the Qualified Person for technical information.