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Supreme Critical Metals Announces Closing of Second and Final Tranche of LIFE Offering
TMX Newsfile· 2026-02-17 10:00
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Supreme Critical Metals Inc. (CSE: CRIT) ("Supreme" or the "Company") is pleased to announce it has closed the final tranche of its non-brokered private placement (the "LIFE Offering") financing of up to 14,000,000 units of the Company ("Units") as previously announced in its press release dated February 6, 2026 (the "Initial Press Release") and upsized on February 6, 2026 as announced by the Company. Any words capitalized but undefined he ...
Why Did Critical Metals Stock Soar 90% Last Month?
Yahoo Finance· 2026-02-03 16:19
Core Insights - Geopolitical events have significantly influenced investor interest in critical metals and mining companies, particularly Critical Metals Corp., which saw its shares rise by 89.8% in January 2026 due to various developments [1] - The company is currently valued at over $1.5 billion despite having no revenue, raising questions about its market valuation [2] Company Developments - Critical Metals has received approval to begin construction on its Tanbreez rare-earth project in Greenland, which is notable for its exceptional heavy rare-earth element profile and rich resources [3] - A new joint venture has been announced to establish a $1.5 billion rare-earth mineral processing facility in Saudi Arabia, which will secure long-term commitments for 25% of Tanbreez's rare-earth production [4] - The Austrian government has renewed the mining license for the Wolfsberg Project for an additional two years, marking it as Europe's first fully permitted lithium mine and a strategic asset [5] Industry Context - The demand for rare-earth minerals is growing globally, driven by their applications in electronics, renewable energy, and electric vehicles [2] - Investors are optimistic about Critical Metals as it appears to have strategies to mitigate reliance on China in the rare-earth industry, especially in light of U.S. national security interests regarding Greenland's mineral deposits [6] - The Trump administration has proposed creating a $12 billion strategic minerals reserve, indicating a heightened focus on securing critical minerals [7]
US Critical Metals Secures $1M USD and Corporate Equity for All Sheep Creek Participation Rights
TMX Newsfile· 2026-02-03 12:30
Core Viewpoint - US Critical Metals Corp. has entered into a definitive agreement to exchange its rights under the Original Agreement for a total value of US$1,500,000, which includes cash and shares of U.S. Critical Materials Corp. [2][3] Transaction Details - The Purchase Agreement includes the discontinuation of the Company's option for further equity participation in the Sheep Creek Project and its joint venture rights [1] - The Company will receive US$500,000 in cash upon execution of the Agreement, another US$500,000 within six months, and 500,000 shares of common stock of Materials at Closing [6] Strategic Rationale - The transaction provides non-dilutive capital to the Company while allowing both companies to focus on their respective priorities [3] - The Company retains a 500,000-share position in Materials, ensuring continued benefits from progress at Sheep Creek [3][7] - The transaction strengthens the Company's balance sheet and allows prioritization of projects where it maintains majority ownership and operational control, particularly the McDermitt East Lithium Project [7] Company Overview - US Critical Metals Corp. focuses on mining projects that secure the U.S. supply of critical metals essential for the new age economy [3] - The Company's assets include four discovery-focused projects in the U.S.: McDermitt East Lithium Project, Clayton Ridge Lithium Property, Long Canyon Uranium Property, and Haynes Cobalt Property [3]
Critical Metals Corp to Deploy Fully Autonomous Communications and Drone System at Tanbreez Rare Earth Project in Greenland
Globenewswire· 2026-01-27 15:30
Core Insights - Critical Metals Corp has announced the acquisition and deployment of a fully autonomous Nexus 20 communications tower and integrated drone system for its Tanbreez REE Project in Greenland, enhancing operational capabilities and safety [1][6] Group 1: Technology Deployment - The Nexus 20 system will be deployed in May and will provide continuous site communications, emergency response coverage, and advanced optical surveillance across the Tanbreez tenement [2] - The system is custom-engineered for Arctic conditions and long-range autonomous operation, marking a significant technological advancement for the project [2][6] - The autonomous drone will be remotely operated from Perth, Australia, allowing for real-time imaging and geological reconnaissance across the project area [4] Group 2: Operational Enhancements - The deployment includes a fully integrated medical, emergency, and accommodation site package designed to support field teams in a remote REE district [3] - The Nexus 20 will deliver full radio and emergency communications, combined with 360-degree optical scanning capabilities [4] - The ability to monitor and assess site conditions in real time provides a major operational advantage for the company [5] Group 3: Strategic Positioning - Critical Metals Corp is focused on critical metals and minerals essential for electrification and next-generation technologies, with the Tanbreez Project being one of the largest rare-earth deposits globally [7] - The company also has the Wolfsberg Lithium Project, which is strategically located and expected to be a major producer of lithium products for the European market [8] - With its strategic asset portfolio, the company aims to become a reliable supplier of critical minerals for defense applications and the clean energy transition [9]
Eagle Plains Announces Fully Funded Drill Program at the George Lake Critical Metals Project, Saskatchewan
Accessnewswire· 2026-01-12 12:00
CRANBROOK, BC / ACCESS Newswire / January 12, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") is pleased to announce that planning is underway for its upcoming 2026 diamond drill program at the 100% owned George Lake Project. ...
CRML Secures One of the Largest Strategic Stockpiles of Ultra-High-Purity Copper Powder in a US$20M All-Share Acquisition Issued at a 40% Premium to Market
Globenewswire· 2025-11-21 15:50
Core Viewpoint - Critical Metals Corp. has acquired a significant stockpile of ultra-high-purity copper powder for $20 million, enhancing its role as a supplier in defense, aerospace, and advanced technology sectors [1][2][4]. Acquisition Details - The acquisition involves an all-share transaction at a 40% premium to the previous closing price, providing exclusive access to a traceable supply chain of UHP copper powder [2][5]. - The company will issue 2 million ordinary shares at $10 per share for 40 kilograms of UHP 99.96% pure copper powder, which is valued between $1,500 to $2,500 per gram [5]. Strategic Importance - This acquisition secures a G7/EU-origin resource, enhancing Western industrial resilience and providing reliable access to critical materials for military and advanced manufacturing applications [3][4]. - The integration of this asset supports customer R&D and production for complex systems while advancing the company's rare earth business [3][4]. Market Context - Historically, the supply of UHP copper powder has been dominated by Russia and China, making this acquisition strategically significant for Western supply chains [3]. - Analysts project a 7-8% annual growth in global demand for UHP copper powder, driven by its essential role in high-value components alongside rare earth elements [6]. Applications - UHP copper powder is crucial in various sectors, including defense (high-density electronics, satellites), advanced energy (solid-state batteries), and high technology (semiconductor fabrication) [9][10]. - The material is prized for its exceptional electrical and thermal conductivity, making it indispensable in applications where precision and reliability are critical [10][11]. Company Overview - Critical Metals Corp. focuses on critical metals and minerals, with its flagship project, Tanbreez, being one of the largest rare earth deposits globally [12]. - The company also holds the Wolfsberg Lithium Project, strategically positioned to become a major producer of lithium products for the European market [13]. Future Outlook - With this strategic asset, Critical Metals Corp. aims to become a reliable supplier of critical minerals essential for defense applications and the clean energy transition [14].
CEO.CA's Inside the Boardroom: Allied's Borralha Tungsten Project Gains Strategic Status from Portugal Defence Authority
Newsfile· 2025-11-12 12:00
Core Insights - The Tungsten Project has gained strategic status from the Portugal Defence Authority, indicating its importance in the defense sector [1] - Allied Critical Metals Inc. is actively engaging with investors and industry leaders through platforms like CEO.CA, enhancing its visibility and strategic positioning [3][5] Company Overview - Allied Critical Metals Inc. is listed on multiple exchanges, including CSE, OTCQB, and FSE, which broadens its market reach [3] - CEO.CA serves as a leading community for investors in junior resource and venture stocks, facilitating discussions and knowledge sharing among millions of investors globally [5] Industry Context - The strategic designation of the Tungsten Project highlights the growing importance of critical minerals in defense applications, reflecting broader industry trends towards resource security [1] - The engagement of executives like Roy Bonnell in platforms such as 'Inside the Boardroom' provides insights into the challenges and strategies within the mining landscape [3]
Blue Moon Metals Enters into MOU to Acquire the Springer Critical Metals Mine and Processing Plant in Nevada and Announces its Intention to list on the NASDAQ
Prnewswire· 2025-10-14 17:58
Core Viewpoint - Blue Moon Metals Inc. has entered into a Memorandum of Understanding to acquire the Springer Mine and associated infrastructure in Nevada, aiming to enhance its operations in critical metals and potentially list on NASDAQ by Q1 2026 [1][5]. Transaction Details - The Memorandum of Understanding was signed on October 10, 2025, with Goods LG LLC for the acquisition of the Springer Mine, Mill, and necessary processing infrastructure [1]. - A non-refundable cash payment of US$500,000 has been made to the Seller for exclusivity on the Property [1]. - The completion of the transaction is contingent upon several conditions, including the negotiation of a definitive agreement and the extension of certain water rights [1][4]. Property and Infrastructure - The Springer Property encompasses approximately 11,280 acres of mineral claims and fee lands, with historical mineral resources located entirely on private lands [3]. - The mine infrastructure includes a vertical shaft reaching 1,600 feet, a headframe, and a three-compartment hoist [3]. - The mill has historically processed tungsten and includes an Ammonium Paratungstate circuit, which can be modified for critical metals processing [2][11]. Strategic Intent - Blue Moon plans to develop a hub and spoke business model by acquiring smaller, high-grade underground critical metals mines in the western United States, processing the material at the Springer Mill [2]. - This strategy aligns with U.S. federal government initiatives to boost domestic production of critical metals and reduce reliance on foreign supply chains [2]. Future Plans - The company intends to apply for a listing on the NASDAQ Capital Market, with the listing expected to be completed in Q1 2026 [5]. - The CEO emphasized the opportunity to develop smaller, higher-grade mines in the critical minerals sector, including base metals, antimony, and tungsten [5]. Resource Estimates - Historical estimates indicate indicated resources of 355,000 tons at 0.537% WO3 and inferred resources of 1,933,600 tons at 0.493% WO3 [10]. - The resource classification was based on CIM guidelines and presented at a cutoff grade of 0.20 WO3% [8].
Supreme Critical Metals Inc. Announces Grant of Stock Options and Amendment to Silver Vista Option Agreement
Accessnewswire· 2025-09-20 15:35
Core Points - Supreme Critical Metals Inc. has issued a total of 2,675,000 options under its incentive stock option plan [1] - Each option allows the holder to subscribe for one common share of the company at a price of $0.22 for a period of 3 years [1] - The issuance of options is directed towards management, employees, and consultants [1]
Allied Critical Metals Appoints General James A. "Spider" Marks as a Director of Allied Critical Metals USA, Its U.S. Subsidiary Focused on Tungsten Import and Sales
Newsfile· 2025-08-19 11:30
Core Insights - Allied Critical Metals Inc. has appointed Major General (Ret.) James A. "Spider" Marks to the Board of Directors of its U.S. subsidiary, Allied Critical Metals (USA), Inc. This move aims to strengthen the company's operations in the U.S. tungsten market [1][3]. Company Overview - Allied Critical Metals Inc. is a Canadian-based mining company focused on the Borralha and Vila Verde tungsten projects in northern Portugal, which are 100% owned by the company [1][6]. - The company is dedicated to the importation, marketing, and sales of tungsten in the United States, addressing the growing demand for this critical mineral [1][5]. Leadership and Expertise - General Marks brings over four decades of leadership experience from military, intelligence, and commercial sectors, including significant roles in the U.S. Army and executive positions in private industry [2][3]. - His expertise in global defense, logistics, and strategy is expected to enhance Allied USA's operational and strategic direction, particularly in securing reliable tungsten supply chains for the U.S. [3][4]. Market Context - Tungsten is classified as a critical mineral essential for industries such as aerospace, defense, and electronics. The tungsten market is valued at approximately USD $5 to $6 billion [6]. - The U.S. is actively seeking to diversify its sources of tungsten, as current global supply is heavily dominated by China, Russia, and North Korea, which account for about 86% of total global supply and reserves [6].