Mr. Ian Berzins reports

CANADIAN CRITICAL MINERALS RECEIVES ADDITIONAL REVENUES FROM THE BULL RIVER MINE PROJECT

Canadian Critical Minerals Inc. has received additional revenues for the company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River mine (BRM) project near Cranbrook, B.C. During the month of February, 2024, the company trucked 897 wet metric tonnes (wmt) of mineralized material to New Afton under an ore purchase agreement (OPA) (see press release dated Oct. 5, 2023, on SEDAR+) and the company received a provisional payment of approximately $66,000 (U.S.) for the February shipments.

To date the company has trucked 977 wmt of mineralized material from the BRM to New Afton. The company temporarily suspended trucking following the imposition of road restrictions in the last week of February. Road restrictions to 70 per cent of normal loads has a negative impact on the economies of trucking. The company will resume trucking once road restrictions are removed. Road restrictions were imposed approximately two months earlier than normal by the Ministry of Transportation and Infrastructure of British Columbia due to mild winter conditions in the Cranbrook area.

The mineralized material sent to New Afton in February, 2024, was a combination of coarse material and fine material, but primarily fine material. There are approximately 45,000 tonnes of mineralized material on surface that has been screened and crushed by the company's contractor. To date, no mineralized material has been sent to the Steinert KSS 100 ore sorter pending commissioning by Steinert personnel. Steinert personnel arrived at the BRM on Tuesday, March 12, 2024, and have begun the commissioning process with BRM personnel. Once the ore sorter is commissioned, the company will begin sending coarse mineralized material to the ore sorter for upgrading prior to trucking to New Afton. The company expects that 40 per cent to 50 per cent of the coarse material is non-economical and only the higher-grade material will be sent to New Afton. Fine material will not be sent to the ore sorter.

Ian Berzins, president and chief executive officer, commented: "The receipt of additional revenues from the Bull River mine is encouraging for the company. While the revenues remain modest, we have successfully implemented the OPA with New Afton and we look forward to completing the commissioning of the ore sorter. Revenues for the company are expected to increase by sending high-grade, preconcentrated stockpiled material to New Afton."

About Canadian Critical Minerals Inc.

Canadian Critical is a mining company primarily focused on two near-term copper production assets in Canada. Its main asset is the 100-per-cent-owned Bull River mine project (greater than 135 million pounds of copper) near Cranbrook, B.C., which has a mineral resource containing copper, gold and silver. Canadian Critical also owns a 34-per-cent interest in the Thierry mine project (greater than 1.3 billion lb of copper) near Pickle Lake, Ont., which has a mineral resource containing copper, nickel, silver, palladium, platinum and gold.

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