Mr. Matt Lewis reports
EXPLANATION ON MCTO REQUEST -- MOROCCAN LAWYERS STRIKE
In relation to Steadright Critical Minerals Inc.'s requested management cease trade order, the company has noted that the only reason an MCTO was requested is due to a nationwide lawyers strike in Morocco, which has slowed down the company's audit process.
Stated Steadright chief executive officer Matt Lewis: "We consider the proper running of our company and the audit process as reputational and something that must always be done to the highest of standards. The audit process has gone a little slower than expected due to the lawyers strike, but we feel very confident in our people and in our process."
About Steadright Cirtical Minerals Inc.
Steadright is a mineral exploration company established in 2019. Steadright has been focused in 2025 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 has also has a binding memorandum of understanding for the historic Goundafa mine within the Kingdom of Morocco.
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