21:28:16 EDT Thu 25 Jun 2026
Enter Symbol
or Name
USA
CA



Steadright Critical Minerals Inc (3)
Symbol SCM
Shares Issued 66,485,060
Close 2026-06-25 C$ 0.195
Market Cap C$ 12,964,587
Recent Sedar+ Documents

Steadright cancels acquisition of 80% of Exterra

2026-06-25 19:23 ET - News Release

Mr. Matt Lewis reports

STEADRIGHT CANCELS PURCHASE OF 80% INTEREST IN MOROCCAN ANTIMONY COMPANY

Steadright Critical Minerals Inc. has terminated, effective immediately, the previously announced agreement dated June 9, 2026, to acquire 80 per cent of the outstanding shares of Exterra Mining & Exploration Sarl, a private Moroccan company.

The termination results from incomplete and insufficient financial records provided by Exterra, which failed to meet the disclosure standards and conditions required under the terms of the agreement. As a publicly listed issuer, Steadright must ensure that all acquisitions comply with Canadian Securities Exchange policies, including the provision of complete, accurate and auditable financial statements from target companies.

Given Exterra's inability to deliver the required financial documentation within the agreed-upon timelines, Steadright has exercised its contractual right to cancel the transaction to protect the company and its shareholders.

Steadright continues to evaluate other strategic opportunities within the critical mineral sector in Canada and internationally.

About Steadright Critical Minerals Inc.

Steadright 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 square kilometres of mineral exploration claims called the TitanBeach titanium project, along with the Copper Valley project. Steadright also has a binding memorandum of understanding for the historic Goundafa mine within the Kingdom of Morocco and a letter of intent with SilverLine Mining Sarl, a Moroccan company.

We seek Safe Harbor.

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