Highland Critical Minerals Announces Non-Brokered Flow-Through Private Placement

Executive Summary

• Highland Critical Minerals Corp. announced a non‑brokered flow‑through private placement of up to 1,600,000 common shares for gross proceeds of up to C$400,000 at C$0.25 per share.
• Proceeds will be used to incur eligible Canadian exploration expenses (flow‑through critical mineral mining expenditures) and will be renounced to shareholders by December 31, 2026.
• The offering includes a finder’s fee cash commission of up to 7% of gross proceeds and is subject to a statutory four‑month plus one‑day hold period.

Key Details

• Offering Size: Up to C$400,000 in aggregate gross proceeds.
• Share Price: C$0.25 per flow‑through (FT) share.
• Maximum Shares Issued: 1,600,000 FT shares.
• Use of Proceeds: To incur eligible Canadian exploration expenses that qualify as “flow‑through critical mineral mining expenditures” (or, if unavailable, “flow‑through mining expenditures”).
• Expenditure Timeline: Qualifying expenditures to be incurred on or before December 31, 2027; renunciation to subscribers effective December 31, 2026.
• Finder’s Fees: Cash commission up to 7.0% of gross proceeds may be paid in connection with the offering, subject to applicable securities laws and CSE policies.
• Hold Period: Statutory four‑month plus one‑day hold period applies to all securities issued under the offering.
• Regulatory Disclaimer: The release does not constitute an offer or solicitation in the United States; shares are not registered under the U.S. Securities Act of 1933.

Notable Quotes

• “We are pleased to launch this flow‑through private placement, which will provide the capital needed to advance our exploration programs while delivering tax‑efficient financing for our shareholders,” – Edward Yew, Chief Executive Officer.