Steadright Critical Minerals Announces Private Placement Financing For Gross Proceeds Of Up To $2,500,000

Executive Summary

• Steadright Critical Minerals Inc. announced a non‑brokered private placement of up to 10 million units for gross proceeds of up to $2,500,000.
• Each unit is priced at $0.25 and consists of one common share plus one warrant to purchase an additional share at $0.31 per share, exercisable for 24 months after closing.
• Proceeds will be used for general working capital and corporate purposes; the offering may close in tranches and is subject to statutory hold periods and regulatory approvals.

Key Details

• Units Offered: Up to 10,000,000 units at $0.25 per unit.
• Unit Composition: 1 common share + 1 common share purchase warrant.
• Warrant Terms: Right to buy one additional common share at an exercise price of $0.31 per warrant; exercisable for 24 months post‑closing.
• Gross Proceeds Target: Up to $2,500,000.
• Use of Proceeds: General working capital and corporate purposes.
• Closing Structure: May be completed in multiple tranches; all securities subject to a statutory hold period of four (4) months + one day.
• Regulatory Conditions: Offering remains subject to approval by the Canadian Securities Exchange and other applicable regulatory bodies.
• Finder’s Fees: Company may pay finder’s fees to eligible parties in accordance with securities laws and CSE policies.
• CEO Comments: Matt Lewis highlighted availability of a new website and presentation deck, and his attendance at the PDAC convention for shareholder meetings.

Notable Quotes

“The new Website and February Presentation Deck can be found at www.steadright.ca. Please give them both a good look.” – Matt Lewis, CEO
“I will be at the Prospectors and Developers Association Convention (PDAC) … If you’d like to meet, please get in contact … I look forward to our chat.” – Matt Lewis, CEO