Mr. Matt Lewis reports

STEADRIGHT ANNOUNCES ISSUANCE OF MANAGEMENT CEASE TRADE ORDER

Further to the press releases dated July 9, 2026, and July 22, 2026, the Ontario Securities Commission, as Steadright Critical Minerals Inc.'s principal regulator, has issued a management cease trade order in respect of the corporation's chief executive officer and chief financial officer.

The MCTO was issued on July 30, 2026, under National Policy 12-203 (Management Cease Trade Orders) following the corporation's application due to a delay in filing its audited annual financial statements, the related management's discussion and analysis, and the related officer certifications for the year ended March 31, 2026, which were required to be filed by July 29, 2026.

The MCTO restricts the chief executive officer and chief financial officer of the corporation from trading in the corporation's securities for as long as the annual financial filings remain outstanding. The issuance of the MCTO does not affect the ability of other shareholders to trade in the corporation's public securities.

The corporation's management confirms that it is working expeditiously to complete the annual financial filings and currently estimates that they will be filed on or about Sept. 28, 2026.

The corporation intends to satisfy the provisions of the alternative information guidelines set out in NP 12-203, including the requirement to issue biweekly default status reports in the form of further press releases, until the annual financial filings are completed. The corporation confirms that there are no material changes or other specified defaults that have not been generally disclosed.

About Steadright Critical Minerals Inc.

Steadright is a mineral exploration company established in 2019. Steadright has 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.

We seek Safe Harbor.