An anonymous director reports

STEADRIGHT CRITICAL MINERALS ANNOUNCES CONSOLIDATION

On Jan. 12, 2024, Steadright Critical Minerals Inc. will be effecting a share consolidation of its issued and outstanding common shares on a one postconsolidation common share for every two preconsolidation common shares. shareholders of the company approved the consolidation at the company's annual and special shareholder meeting held on Dec. 28, 2023.

In relation to the consolidation, the company has obtained a new Cusip (857868202) and ISIN (CA8578682020). There is no name change or stock symbol change in connection with the consolidation.

The consolidation is subject to the approval of the Canadian Securities Exchange. The company's common shares are expected commence trading on the CSE on a consolidated basis on or about market open on Jan. 12, 2024, under the company's existing symbol SCM.

The consolidation will reduce the number of outstanding common shares from 16,653,117 to approximately 8,326,558. The exercise or conversion price and the number of common shares issuable under any of the company's outstanding stock options or common share purchase warrants will be proportionately adjusted to reflect the consolidation in accordance with the respective terms thereof. No fractional common shares will be issued pursuant to the consolidation and any fractional shares that would have otherwise been issued will be rounded down to the nearest whole number.

shareholders who hold their common shares through a broker, investment dealer, bank or trust company or other intermediary should contact that nominee or intermediary for assistance in depositing their common shares in connection with the consolidation.

About Steadright Critical Minerals Inc.

Steadright Critical Minerals is a mineral exploration company established in 2019. Steadright currently holds an option on its nickel-copper RAM property near Port Cartier, Que., within the Cote-Nord Region, which is accessible by Route 138. The RAM project comprises over 13,000 acres and located on a anorthositic complex that is in a highly prospective geological unit and historically been under explored for nickel, copper, cobalt and precious metals.

We seek Safe Harbor.