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Steadright Critical Minerals Inc (3)
Symbol SCM
Shares Issued 40,019,844
Close 2025-10-07 C$ 0.14
Market Cap C$ 5,602,778
Recent Sedar Documents

Steadright adds exploration licences to TitanBeach

2025-10-07 20:19 ET - News Release

Mr. Matt Lewis reports

STEADRIGHT ADDS FURTHER EXPLORATION LICENSES TO TITANBEACH TITANIUM PROJECT IN MOROCCO AND GRANTS OPTIONS

Steadright Critical Minerals Inc. has purchased two additional claims within the TitanBeach titanium project. These two claims were purchased by Critical Foundation Metals Inc. (CFM) and Steadright, and are to be inserted into NSM Capital Sarl.

NSM Capital now controls 192 square kilometres (km) of contiguous claims known as the TitanBeach titanium project. Steadright and CFM expect to announce two further exploration licences for two other claims to be added to NSM Capital shortly. The purchase price for the additional two exploration licences was $80,125 through an intermediator. These licences are being registered under NSM Capital.

Exploration work continues on the project and Steadright expects to be applying for a mining permit shortly as a comprehensive plan for mining and environmental protection is almost completed.

Steadright's chief executive officer, Matt Lewis, states: "Our team has been spending significant time within Morocco laying the foundation for a smooth transition out of the exploration stage. Our combined Moroccan and Canadian team's expertise and experience has moved the titanium project forward in an expedited manner -- and I am very pleased. Morocco truly is an excellent mining jurisdiction."

Titanium dioxide (TiO2) is classified as a critical and strategic mineral in the United States, Canada and Europe, and a significant amount of the world's other countries. With only a few of the world's suppliers dominating the market, TiO2 is in strong demand.

Grant of options

Steadright further announces that it has granted incentive stock options to certain directors, officers and consultants to purchase up to an aggregate of 1.91 million common shares in the company pursuant of the company's option plan. The options are exercisable for a period of three years at a price of 17 cents per share. The options, and any underlying common shares issued on exercise thereof, will have a hold period expiring Feb. 8, 2026, in accordance with the policies of the Canadian Securities Exchange and applicable securities laws.

About Steadright Critical Minerals Inc.

Steadright 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 is focused on near-term production in Morocco. Steadright currently is also renegotiating an option on the Ram property near Port Cartier, Que., within the Cote-Nord region, which is accessible by Route 138. The Ram project is located on an Anorthositic complex that is in a highly prospective geological unit and historically been underexplored for nickel (Ni), copper (Cu), cobalt (Co) and precious metals.

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