Mr. Matt Lewis reports

STEADRIGHT PROVIDES BI-WEEKLY MCTO STATUS UPDATE

Steadright Critical Minerals Inc. is providing this biweekly update on the status of the management cease trade order (MCTO) granted by its principal regulator, the Ontario Securities Commission (OSC), under National Policy 12-203, Management Cease Trade Orders, on July 30, 2026.

As previously announced on July 30, 2026, the company applied for the MCTO as it was unable to file its audited annual financial statements for the year ended March 31, 2026, the related management's discussion and analysis, and the related officer certificates. The required filings were required to be made no later than July 29, 2026.

The MCTO will remain in effect until the required filings are filed and the MCTO is revoked. The company intends to satisfy the provisions of NP 12-203 by issuing biweekly default status reports in the form of news releases until the situation is satisfactorily rectified.

The company confirms that since the date of the announcement: (a) other than as described herein, there have been no changes to the information contained in the announcement that would reasonably be expected to be material to shareholders; (b) there has been no failure by the company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (c) there has not been any other subsequent specified default by the company following the announcement under NP 12-203; and (d) there is no other material information concerning the affairs of the company that has not been generally disclosed.

The company's management, together with its audit committee, continues to work diligently with the auditor to provide all necessary information and complete the required filings. The company currently expects to file the required filings on or about Sept. 28, 2026.

The company confirms that it will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing biweekly default status reports in the form of news releases for so long as it remains delayed in filing the required filings.

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 MOU (memorandum of understanding) for the historic Goundafa mine within the Kingdom of Morocco.

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