Stillwater Critical Minerals Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$15 Million

Core Viewpoint - Stillwater Critical Minerals Corp. has successfully increased its "bought deal" private placement from gross proceeds of C$10,000,400 to C$15,000,140 due to strong investor demand [1] Group 1: Offering Details - The upsized offering will consist of 32,609,000 units priced at C$0.46 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [1][2] - Each warrant allows the holder to purchase one common share at a price of C$0.64 within 36 months following the closing date [2] - The underwriters have an option to purchase an additional 4,348,000 units for up to C$2,000,080 in gross proceeds [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for the exploration and advancement of the Stillwater West Ni-PGE-Cu-Co+Au project in Montana, as well as for general corporate purposes and working capital [4] Group 3: Regulatory and Closing Information - The offering is subject to regulatory approvals, including the approval of the TSX Venture Exchange, and is scheduled to close on or about December 30, 2025 [7]