Critical Reagent Announces Closing of Non-Brokered Private Placement

Group 1 - Critical Reagent Processing Corp. has closed a non-brokered private placement, issuing 3,500,000 common shares at $0.0675 per share, resulting in gross proceeds of $236,250 [1][2] - The company plans to use the net proceeds from the private placement for general working capital [2] - No finder's fees were paid in connection with the private placement, and the shares are subject to a statutory hold period of four months from the closing date [2] Group 2 - Critical Reagent Processing Corp. has completed a purchase option agreement to acquire up to a 100% interest in the Mina Laguna Santa Maria project, which includes two mining concessions for sodium carbonate production [3] - The project consists of 500 hectares with a natural deposit of sodium carbonate, which is essential for lithium carbonate production [3] - The U.S. Geological Survey reported that 165,000 tonnes of soda ash were exported from the U.S. to Argentina in 2022, valued at $48 million, indicating a significant market opportunity for the company [3]