Steadright Critical Minerals Announces Private Placement for up to $4 Million
Muskoka, Ontario — November 6, 2025 — Leads & Copy — Steadright Critical Minerals Inc. (CSE: SCM) has announced a non-brokered private placement to raise up to $4,000,000 CAD.
The resource exploration company will offer units at $0.22 CAD each. Each unit will consist of one common share and one common share purchase warrant. The warrants will allow the holder to purchase one common share at $0.30 per share for 24 months from the issuance date.
The proceeds from the private placement will be used for general corporate purposes, acquisitions, and working capital. Craft Capital Management LLC has been invited to participate in the fundraising, and Steadright anticipates collaborating with them to identify strategic capital financing options, particularly straight debt.
The company may issue up to 18,181,818 units in one or more tranches.
Steadright is currently preparing a Preliminary Economic Assessment (PEA) for a portion of the TitanBeach Titanium Project licenses, which is expected to be completed by the end of the year. The company is also pursuing an Environmental and Mining License to commence production.
Initial assays from the TitanBeach One Titanium Project revealed the potential for ilmenite, titanomagnetite, magnetite, leucoxene, and rutile bearing sands, with Fe203 values up to 79.5% and Ti02 as high as 14.9% (according to a September 16, 2025 press release).
Steadright will also begin on-site exploration of the historical Goundafa Polymetallic Copper-Zinc-Lead-Silver-Gold Mine within the next two weeks. The company’s conceptual model estimates 6.62 million tons with grades of 2.1% Zn, 1.8% Pb, and 1.5% – 2.1% Copper, and up to 3.5 g/t Gold in selected zones (according to an October 28th, 2025 press release).
Matt Lewis, Steadright CEO, said the company has two projects underway and the geological and engineering teams will be in the field in the next few weeks at both the TitanBeach heavy mineral sands and the historic Goundafa Mine.
Steadright Critical Minerals Inc. was founded in 2019 and focuses on acquiring and developing exploration and historical mining projects in the Moroccan critical mineral sector. Through its Moroccan entity, NSM Capital Sarl, Steadright holds over 192 sq KM of mineral exploration claims at the TitanBeach Titanium Project in the Southern Provinces of Morocco and has signed an MOU for the historic Goundafa Mine.
Matt Lewis
CEO & Director
Steadright Critical Minerals Inc.
Email: enquires@steadright.ca
Tel: 1-905-410-0587
Source: Steadright Critical Minerals Inc.
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