Steadright Critical Minerals Upsizes Private Placement and Announces CFO Resignation

Steadright Critical Minerals, Inc. ( (TSE:SCM) ) has issued an update.

Steadright Critical Minerals Inc. has increased its private placement from 3,000,000 to 7,000,000 shares, priced at 0.04 cents each, with a full warrant at 0.08 cents per share for two years. The funds raised will be used for potential acquisitions, exploration expenditures, and general administration, pending regulatory approvals. Additionally, the company’s CFO, Alex Falconer, has resigned, and the company expressed appreciation for his contributions.

More about Steadright Critical Minerals, Inc.

Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. The company holds an option on the RAM property near Port Cartier, Quebec, which spans over 13,000 acres. This property is located in a geologically promising area that has been historically underexplored for nickel, copper, cobalt, and precious metals.

YTD Price Performance: -12.50%

Average Trading Volume: 45,994

Technical Sentiment Consensus Rating: Hold

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