Mr. Matt Lewis reports

STEADRIGHT CLOSES FIRST TRANCHE OF UNIT OFFERING AND ANNOUNCES CFO APPOINTMENT

Steadright Critical Minerals Inc. has closed the first tranche of its previously announced non-brokered private placement, pursuant to which the company sold 6,168,400 units in the capital of the company at a price of 22 cents per unit, for aggregate gross proceeds of $1,357,048.00. The company intends to use the net proceeds for general working capital and corporate purposes.

Each unit comprised one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder to acquire one further common share at a price of 30 cents per common share for a period of 24 months from the date of issuance.

In consideration for their services, certain finders received a cash commission equal to 8.0 per cent on eligible subscriptions of the gross proceeds of the offering totalling $101,031.04 and a broker warrant commission equal to 8 per cent on eligible subscriptions of the gross proceeds of the offering, being 459,232 broker warrants. The commission was paid in accordance with the policies of the Canadian Securities Exchange and relevant Canadian securities laws.

The common shares and warrants issued pursuant to the offering will be subject to a regulatory hold period of four months and one day from the date of issuance. The offering remains subject to final Canadian Securities Exchange acceptance of requisite regulatory filings.

The company is also pleased to announce that it has appointed Carmelo Marrelli as the chief financial officer of the company effective the date hereof.

Mr. Marrelli is the principal of Marrelli Support Services Inc., a Toronto firm that has delivered accounting and regulatory compliance services to listed companies on the Toronto Stock Exchange, TSX Venture Exchange, the Canadian Securities Exchange and other exchanges, as well as non-listed companies for over 30 years. In addition, Mr. Marrelli beneficially controls DSA Corporate Services LP, a firm that provides corporate secretarial and regulatory filing services and Marrelli Trust Company Ltd., a provincially registered trust company, offering transfer agent services.

About Steadright Critical Minerals Inc

Steadright Critical Minerals is a mineral exploration company established in 2019. Steadright has been focused in 2025 on finding exploration projects that can be brought into production within the critical mineral space. Steadright is focused on near-term production in Morocco. Steadright currently is also renegotiating an option on the Ram property near Port Cartier, Que., within the Cote-Nord region, which is accessible by Route 138. The Ram project comprises over 11,000 acres and is located on an Anorthositic complex that is in a highly prospective geological unit and historically been underexplored for Ni (nickel), Cu (copper), Co (cobalt) and precious metals.

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