Steadright Critical Minerals Announces Private Placement Offering
Muskoka, Ontario — February 19, 2026 — Leads & Copy — Steadright Critical Minerals Inc. (CSE:SCM) has announced a non-brokered private placement offering of units for gross proceeds up to $2,500,000.
According to the announcement, the company will issue up to 10,000,000 units at a price of $0.25 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will allow the holder to purchase one additional common share at an exercise price of $0.31 per warrant for 24 months following the closing date.
The company intends to use the proceeds from the offering for general working capital and corporate purposes. The private placement may close in tranches.
All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities legislation. The offering remains subject to regulatory approvals, including approval from the Canadian Securities Exchange.
Steadright may pay finder’s fees to eligible parties in connection with the offering, in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.
Steadright CEO Matt Lewis mentioned the new website and February Presentation Deck can be found at www.steadright.ca, and invited shareholders and interested parties to review them.
Lewis also stated that he will attend the Prospectors and Developers Association Convention (PDAC), and will be meeting with shareholders and other interested parties.
Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Since late spring 2025, Steadright has focused on finding exploration and historical mining projects within the Moroccan critical mineral space. Steadright has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq km of mineral exploration claims called the TitanBeach Titanium Project in the Southern Provinces of Morocco.
Steadright has also signed a binding MOU for the historic Goundafa Mine within the Kingdom of Morocco, acquired the Copper Valley historic copper-lead-silver project, and has an LOI with SilverLine Mining Sarl.
Source: Steadright Critical Minerals Inc.
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