Business
Eastport Provides Year End Shareholder Update
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Eastport Critical Metals Corp...
About this update from Eastport Critical Metals Corp.
[{"type":"text","content":"Eastport Provides Year End Shareholder UpdateVancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Eastport Critical Metals Corp. (TSXV: EVI) (\"Eastport\" or the \"Company\") provides a year end update for shareholders.Highlights:Successful completion of Qualifying Transaction with Penbar Capital Ltd., oversubscribed concurrent financing & admission to the TSX-VCommencement of Phase 1 Drilling program(s) at the Company's Qualifying Property, Matsitama Copper projectCommencement of Phase 1 Drilling program at Semarule Rare Earth Elements (REE) projectCommencement of Phase 1 Drilling program at Foley Uranium ProjectBurns Singh Tennent-Bhohi, Founder & CEO, commented, \"Since our listing on 20 November 2025, Eastport has announced, commenced, and concurrently advanced three drill programs across our copper, rare earth, and uranium interests in Botswana. As the year draws to a close, I want to outline some strategic priorities for the period ahead.\"Advancing projects through the steepest phase of the development curve in our industry requires substantial capital and is rarely feasible without strongly aligned market conditions where access to capital, investor sentiment, and commodity pricing converge favourably.\"It is in precisely these windows of opportunity that disciplined and focused execution is essential to optimising and sustaining shareholder value. With this in mind, now is an appropriate time to share our broader vision for Eastport in 2026 and beyond:Develop and Distribute: Eastport holds a portfolio of five critical metal projects, each at different stages of development and geological confidence. In 2026, as our exploration and drilling programs progress, we will concurrently pursue corporate transactions designed to reduce direct balance sheet exposure to development costs while retaining material economic interest in the assets, both directly and indirectly for the benefit of our shareholders.International Market Access: Throughout the year, the Company has been working with a range of international advisors to advance potential secondary listings that reflect the geographic diversity of our shareholder register, asset base, Board, and management team. This initiative is a key step in enhancing accessibility for existing and prospective shareholders by providing seamless trading in ...