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Supreme Critical Metals Announces Amendment to Uranium Property Option, Relinquishes Nickel Property
VANCOUVER, BC / ACCESS Newswire / July 7, 2025 / Supreme Critical Metals Inc. (CSE:CRIT) (FWB:VR61) (OTCID:VRCFF) ("Supreme" or the "Company") today announces t
About this update from Maverick Gold And Silver Corporation
[{"type":"text","content":" VANCOUVER, BC / ACCESS Newswire / July 7, 2025 / Supreme Critical Metals Inc. (CSE:CRIT) (FWB:VR61) (OTCID:VRCFF) (\"Supreme\" or the \"Company\") today announces that it has amended the terms of its arms-length option with Yellow Chief Uranium Inc. dated June 26, 2024. The parties agreed that all cash and work obligations payments would be deleted from the option, with the Company only needing to issue another 8 million shares in order to optain a 100% interest in the Yellow Chief properties. The Ccompany plans to issue 4,000,000 shares immediately with the final 4,000,000 shares due in one year. The Yellow Chief properties consist of 5 claims covering 3,513.2 ha in Saskatchewant and 28 claims covering 130.1 ha in Utah. The Utah property consists of a portion of the former Yellow Chief Mine, which was developed from 1959 to 1962 as an open pit mine. Supreme also announced it has relinquished its interest in the Saguenay Nickel Project, found in the province of Quebec. The decision follows a thorough strategic review and aligns with the Company's long-term objectives to focus on assets with a clear and sustainable path to production. About Supreme Critical Metals Inc. SUPREME CRITICAL METALS INC. is a publicly traded diversified investment corporation actively exploring and investigating multiple opportunities in lithium, copper, silver, and precious metals. The Company adheres to strategic guidelines that prioritise regions conducive to mining, supported by favourable government regulations and existing infrastructure. For further information, please contact: George Tsafalas, DirectorPhone: Toll Free 1(778) 373-8578E-mail: [email protected] Cautionary Note Regarding Forward-Looking Information This news release contains forward-looking information and forward-looking statements (collectively, \"forward-looking information\"). Such forward-looking information is provided to inform the Company's shareholders and potential investors about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as \"anticipate\", \"proposed\", \"estimates\", \"would\", \"expects\", \"intends\", \"plans\", \"may\", \"will\", and sim...