Steadright Critical Minerals to Purchase 50% Interest in Moroccan Site and Crushing and Grinding Equipment Company

About this update from Steadright Critical Minerals, Inc.

June 29, 2026 – TheNewswire - Muskoka, Ontario – Steadright Critical Minerals Inc. (CSE: SCM) (“Steadright” or the “Company”) announces that as of June 27 it has entered into a Share Purchase Agreement to acquire a 50% interest in a Moroccan company holding crushing, grinding, and quarrying assets essential to Steadright’s expanding operational footprint within the Kingdom of Morocco. This is a Definitive Agreement. Steadright CEO, Matt Lewis, states: “I could not be happier! This purchase absolutely aligns with our business model of finding strong assets and moving them along as fast as possible.” “Having a quarry site speaks for itself. And its location and the crushing and grinding equipment are strategically located vis a vis a number of our land assets, making future processing options available with our own equipment - and on the timelines of our choice.” “Bravo to our Moroccan friends and partners who have made this happen. We are very proud to be working alongside them!” TRANSACTION PARTIES Maghreb Atlas Trading Sarl (“MAT”) Mining & Research Company (“MRC”) MAT and MRC collectively referred to as the “Vendors.” REGARDING: Share price for the common shares is valued at 0.20 Cents CAN The quarry site and crushing & grinding equipment (“QSCG” or the Company) TRANSACTION SUMMARY The Vendors collectively own 100% of the quotas (parts sociales) of QSCG. Under the Share Purchase Agreement: The Vendors agree to sell, and Steadright agrees to purchase, 50% of the quotas of QSCG (the “Purchased Quotas”).  Post‑Closing Ownership Structure SCM – 50%  Maghreb Atlas Trading Sarl – 25%  Mining Research Company – 25%  PURCHASE PRICE The total consideration for the Purchased Quotas consists of: 5,000,000 common shares of Steadright at an acb of 20 cents issued to Maghreb Atlas Trading Sarl;  5,000,000 common shares of Steadright at an acb of 20 cents issued to Mining Research Company;  €700,000 EUR payable to a Lawyer Trust Account as a pass‑through settlement  The Parties acknowledge that no Vendor will hold more than 10% of Steadright’s issued and outstanding common shares after issuance. Payment of the €700,000 will occur after completion of due diligence and valuation of the crushing equipment, grinding systems, and land assets by Steadright. Steadright shall have no obligation to perform operational work on QSCG ass...

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