Business
Steadright Critical Minerals Announces Flow-Through Private Placement Financing
December 18, 2025 – Muskoka, Ontario – TheNewswire – Steadright Critical Minerals Inc. (CSE:SCM) (“Steadright” or the “Company”) is pleased to announce that it
About this update from Steadright Critical Minerals, Inc.
[{"type":"text","content":"December 18, 2025 – Muskoka, Ontario – TheNewswire – Steadright Critical Minerals Inc. (CSE:SCM) (“Steadright” or the “Company”) is pleased to announce that it has arranged a non-brokered private placement offering of flow-through units for gross proceeds of $249,750 (the “FT Unit Offering). Under the FT Unit Offering, the Company will issue 925,000 flow-through units (“FT Units”) at a price of $0.27 per FT Unit. Each FT Unit will consist of one (1) common share qualifying as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act (Canada), and one half of one (1/2) additional common share purchase warrant (a “FT Warrant”). Each whole FT Warrant will entitle the holder to acquire one additional common share at an exercise price of $0.335 for a period of twenty-four (24) months following the closing date. The net proceeds from the FT Unit Offering will be used to incur eligible “Canadian exploration expenses” that qualify as “flow-through critical mineral mining expenditures” as defined in the Income Tax Act (Canada). In consideration for their services, certain finders will receive a cash commission equal to 7.0% on eligible subscriptions of the gross proceeds of the FT Unit Offering (the “Commission”). The Commission paid will equal $17,482.50. Certain finders will also be entitled to a broker warrant commission equal to 7.0% on eligible subscriptions of the gross proceeds of the FT Unit Offering (the “Broker Warrants”). Each Broker Warrant will entitle the holder to acquire one common share of the Company at an exercise price of $0.27 for a period of twenty-four (24) months following the FT Unit Offering closing date. 64,750 Broker Warrants will be issued. The Commission and Broker Warrants are paid in accordance with the policies of the Canadian Securities Exchange and relevant Canadian securities laws. All securities issued in connection with the FT Unit Offering will be subject to a statutory hold period of four (4) months and one (1) day from the date of issuance in accordance with applicable securities legislation. The FT Unit Offering remains subject to regulatory approvals, including approval from the Canadian Securities Exchange, as applicable. The terms of the FT Unit Offering replace the terms of the Private Placement Flow Through Financing previously announced by the Comp...