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Steadright Critical Minerals Cancels Purchase of 80% Interest in Moroccan Antimony Company

June 25, 2026 – TheNewswire - Muskoka, Ontario – Steadright Critical Minerals Inc. (CSE: SCM) (“Steadright” or the “Company”) announces that it has terminated,

articleSteadright Critical Minerals, Inc.June 25, 20265/news/steadright-critical-minerals-cancels-purchase-of-80percent-interest-in-moroccan-antimony-company
Steadright Critical Minerals Cancels Purchase of 80% Interest in Moroccan Antimony Company

About this update from Steadright Critical Minerals, Inc.

June 25, 2026 – TheNewswire - Muskoka, Ontario – Steadright Critical Minerals Inc. (CSE: SCM) (“Steadright” or the “Company”) announces that it has terminated, effective immediately, the previously announced agreement dated June 9, 2026, to acquire 80% of the outstanding shares of EXTERRA Mining & Exploration SARL (“Exterra”), a private Moroccan company. The termination results from incomplete and insufficient financial records provided by Exterra, which failed to meet the disclosure standards and conditions required under the terms of the agreement. As a publicly listed issuer, Steadright must ensure that all acquisitions comply with Canadian Securities Exchange (“CSE”) policies, including the provision of complete, accurate, and auditable financial statements from target companies. Given Exterra’s inability to deliver the required financial documentation within the agreed‑upon timelines, Steadright has exercised its contractual right to cancel the transaction in order to protect the Company and its shareholders. Steadright continues to evaluate other strategic opportunities within the critical minerals sector in Canada and internationally. ABOUT STEADRIGHT CRITICAL MINERALS INC. Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused on finding exploration and historical mining projects that can be brought into production within the Moroccan critical mineral space. Steadright currently has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq KMs of mineral exploration claims called the TitanBeach Titanium Project, along with the Copper Valley Project. Steadright also has a binding MOU for the historic Goundafa Mine within the Kingdom of Morocco and an LOI with SilverLine Mining Sarl, a Moroccan Company. ON BEHALF OF THE BOARD OF DIRECTORS For further information, please contact: Matt Lewis CEO & Director Steadright Critical Minerals Inc. Email: [email protected] Tel: 1-905-410-0587 www.steadright.ca Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-looking information is subject to known and unknown risks, ‎uncertainties and other factors which may cause the actual results, level of activi...

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