(via TheNewswire)

July 20, 2026 – 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 $600,000 (the “FT Unit Offering ).

Under the FT Unit Offering, the Company will issue 2,666,666 Quebec flow-through units (“FT Units ”) at a price of $0.15 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 $0.25 for a period of twenty-four (24) months following the closing date.

For Quebec Investors, Qualifying Expenditures shall also mean expenses which qualify for inclusion in the “exploration base relating to certain Quebec exploration expenses” within the meaning of section 726.4.10 of the Quebec Tax Act and expenses qualifying for inclusion in the “exploration base relating to certain Quebec surface mining expenses or oil and gas exploration expenses” with the meaning of section 726.4.17.2 of the Quebec tax Act.

The company will also issue 1,333,333 National Flow-through units (FT Units ) at a price of $0.15  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 $0.25 for a period of twenty-four (24) months following the closing date. The net proceeds from the FT Unit Offerings 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).

The current financing may involve Tranches of closings as the Company deems appropriate.

In consideration for their services, certain finders will receive a cash commission equal to 8.0% on eligible subscriptions of the gross proceeds of the FT Unit Offering (the “Commission ”). The Commission paid will equal $48,000. Certain finders will also be entitled to a broker warrant commission equal to 8.0% 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 $0.15 for a period of twenty-four (24) months following the FT Unit Offering closing date. 320,000 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.

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.

ON BEHALF OF THE BOARD OF DIRECTORS

For further information, please contact:

Matt Lewis

CEO & Director

Steadright Critical Minerals Inc.

Email: enquires@steadright.ca enquiries@steadright.ca

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 activity, performance or ‎achievements of Steadright to be materially different from those expressed or implied by such forward-‎looking information. Such risks and other factors may include, but are not limited to: there is no ‎certainty that the ongoing programs will result in significant or successful ‎exploration and ‎development of Steadright’s properties; uncertainty as to ‎the actual results of exploration and ‎development or operational activities; uncertainty as to the availability and terms of ‎future financing on ‎acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; ‎general business, economic, competitive, political and social uncertainties; capital market conditions ‎and market prices for securities, junior market securities and mining exploration company securities; ‎commodity prices; the actual results of current exploration and development or operational activities; ‎competition; changes in project parameters as plans continue to be refined; accidents and other risks ‎inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory ‎approvals; changes in legislation, including environmental legislation or income tax legislation, affecting ‎Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key ‎individuals.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the ‎securities in the United States. The securities have not been and will not be registered under the United ‎States Securities Act of 1933, as amended (the " U.S. Securities Act ") or any state securities laws and ‎may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons ‎unless registered under the U.S. Securities Act and applicable state securities laws, unless an ‎exemption from such registration is available.‎

Not for distribution to United States Newswire Services or for dissemination in the United States

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