Steadright Closes Second And Final Tranche Of Financing For A Closing Total Of $900K
November 6 th , 2026 – Muskoka, Ontario – TheNewswire - Steadright Critical Minerals Inc. (CSE: SCM) (“Steadright” or the “Company”) announces the closing of the 2 st and final tranche of their non-brokered private placement for gross proceeds of $370,000 CAN (the “ 2 nd Tranche ”) at a price of $0.10 cents per Unit. The closing of the first tranche of the non-brokered private placement took place on October 28 th for gross proceeds of $530,000 (the “ 1 st Tranche ”). Taken together, the two tranches totalled $900,000(the “ Offering ”). Insiders participated in the 1 st Tranche, subscribing for 1,100,000 units at a price of $0.10 per unit. Insiders also participated in the 2 nd Tranche, subscribing for 500,000 units. The issuance of 9,000,000 units (each, a “ Unit ”) in the capital of the Company consists of one common share and one common share purchase warrant (each warrant, “ Warrant ”) which will entitle the holder therof to purchase one common share at a price of $0.16 per common share for a period of twenty-four (24) months following the closing date. The proceeds from the Offering will be used for general working capital, corporate purposes and potential strategic initiative
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