Mr. Matt Lewis reports

STEADRIGHT CRITICAL MINERALS SIGNS TITANIUM LOI IN MOROCCO

Steadright Critical Minerals Inc. has signed a letter of intent (LOI) with the shareholders of NSM Capital Sarl, a Moroccan company controlling 160 square kilometres of contiguous mineral exploration licences containing highly prospective titanium dioxide (TiO2), known as the TitanBeach titanium project with a private junior exploration company: Critical Foundation Metals Inc. from Canada.

Steadright and Critical can earn up to 100 per cent in the TitanBeach titanium project, which contains contiguous mineral exploration licences in the Cape Juby strip, known for its titanium-rich beach sands on the Atlantic coastline of Morocco, through purchasing the Moroccan NSM company. Once the definitive purchase agreement is completed, Steadright will own 75 per cent of NSM shares while Critical will own 25 per cent of NSM shares. Steadright can earn an additional 5 per cent by purchasing shares of NSM from Critical for $1-million (U.S.) for up to an 80-per-cent interest.

The terms of the LOI agreement include a cash payment to NSM shareholders of $350,000 (U.S.) and a 9.5-per-cent share transfer of the amount of the outstanding shares in Steadright Critical Minerals common shares awarded to NSM shareholders upon signing a definitive purchase agreement, and no later than Sept. 30, 2025. A 2-per-cent NSR (net smelter return) from the profits of the TitanBeach titanium project will also be payable to the shareholders of NSM. A non-refundable deposit of 15 per cent of the amount of the definitive purchase agreement was agreed to be done upon the signing of the LOI, and has been completed.

Titanium Dioxide is classified as a critical and strategic mineral in the United States, Canada, Europe and a significant amount of the world's other countries. As well, there have been academic studies on the economic potential of the Moroccan beach sands that appear quite positive for Rutile TiO2, which, like other critical minerals, has seen a steady increase in price due to market sentiment.

In recent years the world has seen an increased demand for critical minerals, growing supply chain disruptions, rising raw material costs and major suppliers such as China increasing their export prices. Trade wars and regulations have also impacted global trade and contributed to the overall price hikes. With only a few of the world's suppliers dominating the market, TiO2 is in strong demand.

The TitanBeach titanium licences can be converted to exploitation (production) licences once exploration work has been performed and sufficient resources have been outlined to support estimates and a positive project.

Chief executive officer Matt Lewis states: "As a company, we are very impressed with the energy and business-mindedness of the Moroccan people and their government. In maximizing our footprint and potential, we have found the experience to be nothing but efficient and welcoming. More than ever, we firmly believe we can make great strides with the TitanBeach titanium project, to benefit both our shareholders -- and our Moroccan hosts and friends."

Qualified person

Robert Palkovits, PGeo, a consultant to Steadright, who is a qualified person (QP) under the National Instrument 43-101 -- Standards of Disclosure of Mineral Projects has reviewed and approved the scientific and technical information in this press release.

About Streadright 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 currently holds an option on its RAM property near Port Cartier, Que., within the Cote-Nord region, which is accessible by Route 138. The RAM project comprises over 13,000 acres and 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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