Critical Element Stock Price, News & Analysis

Critical Elements Lithium Corporation has completed a significant VTEM (helicopter-borne electromagnetic) survey covering their 100%-owned Nemaska Belt properties in Quebec's Eeyou Istchee region. The 2,701-line kilometre survey, conducted by Geotech Airborne Geophysical Survey with 200-metre spacing flight lines, confirmed multiple electromagnetic conductors. The survey aims to identify potential Nickel-Copper-PGE mineralization sites and define priority drilling targets. Additionally, the company launched a surface exploration program in May 2025, set to continue through August 2025, focusing on both the Nemaska Belt and Rose blocks. Dahrouge Geological Consulting Ltd. will conduct this program, targeting high-grade Nickel-Copper-PGE and lithium-bearing spodumene mineralization.

Critical Elements Lithium Corporation (CRECF) has received an amended decision statement from Canada's Minister of Environment and Climate Change for its Rose Lithium-Tantalum project in Quebec. The key amendments to the original August 2021 decision statement include authorization for:

1. Construction and development of a permanent workers' camp 2. Use of two borrow pits

This amended statement complements previous authorizations including the October 2022 certificate from Quebec's Ministry of the Environment (amended in August 2024) and the October 2024 occupancy lease for the worker camp from the Ministry of Natural Resources and Forestry.

Critical Elements Lithium Corporation (TSX.V:CRE)(OTCQX:CRECF)(FSE:F12) held its Annual shareholders meeting on May 15, 2025, where shareholders approved all proposed resolutions. The meeting saw participation representing 14.31% of outstanding shares (31,173,541 shares). Shareholders approved the election of nine directors to the board, with all candidates receiving strong approval ratings ranging from 87.35% to 98.14%. Jean-Sébastien Lavallée, Steffen Haber, and other nominees were successfully elected. Additionally, KPMG LLP was appointed as the company's auditors. Most directors received over 98% approval, with Eric Zaunscherb receiving 87.35% approval, and Maysa Habelrih and Vanessa Laplante receiving approximately 96.5% approval.

Critical Elements Lithium Corporation has completed a significant 2,701-line kilometre VTEM survey across its Nemaska Belt properties in Quebec's Eeyou Istchee region. The survey, covering their 1,050 square kilometre portfolio, aims to identify conductors potentially indicating high-grade Nickel-Copper-PGE mineralization. The company plans to launch a surface exploration program from late May through August 2025, focusing on both Nickel-Copper-PGE and lithium-bearing spodumene targets. Critical Elements is also progressing with funding arrangements for its Rose Lithium-Tantalum project, building on $20 million conditional funding from Natural Resources Canada and a support letter for up to US$115 million in project debt from a Canadian financial institution.

The Cree Trappers Association (CTA), Cree Hunters Economic Security Board (CHESB), and 16 mining companies have approved 2025 funding to continue rebuilding cabins destroyed by 2023 wildfires in Eeyou Istchee James Bay, Quebec. This follows a $750,000 voluntary financial contribution announced in October 2024 for the Reconstruction Initiative Forest Fires Fund 2023 (RIFFF).

In 2024, the CTA successfully rebuilt 50 cabins through a collaboration with Niskamoon , Cree Nation Government, and Eenou-Eeyou Community Foundation. For 2025, CHESB will contribute $400,000 and the Companies will provide $200,000 to continue the reconstruction efforts, with additional funding planned for 2026.

Critical Elements Lithium (CRECF) has received its first environmental authorization for site preparation of the Rose Lithium-Tantalum project in Quebec. The authorization permits key construction preparation activities including:

• Stripping of equipment and materials storage area
• Stripping and developing part of the future overburden pile
• Stacking of organic matter and overburden
• Building temporary water management infrastructure

The wetland site preparation must commence within two years of authorization issuance. The company can begin these activities once all Federal and Provincial Project approval conditions are met, required financing is secured, and a Final Investment Decision is made.

Critical Elements Lithium has received a support letter from a leading Canadian financial institution expressing interest in providing up to US$115 million (approximately C$150 million) in long-term project debt financing for the development of the Rose Lithium-Tantalum project in Québec.

The final terms and conditions, including pricing, will be subject to further due diligence and discussions between lenders, their advisors, and Critical Elements and its financial advisors. The company's CEO, Jean-Sébastien Lavallée, stated this marks an important step in advancing the project's financing package and confirmed continued interest from potential partners.

Critical Elements Lithium (CRECF) has received conditional approval for up to $20 million in federal funding from the Government of Canada's Critical Minerals Infrastructure Fund (CMIF). The funding will support the relocation of 4.2 kilometres of power transmission line infrastructure and construction of a new electrical sub-station for the Rose Lithium-Tantalum Project in Eeyou Istchee James Bay, Québec.

The CMIF is Natural Resources Canada's flagship program under the Canadian Critical Minerals Strategy, aimed at increasing critical minerals supply and developing national and global value chains for a green economy. The funding is subject to final due diligence, definitive documentation, and other customary conditions.

The project highlights Critical Elements' commitment to sustainable development and strong relationships with Cree neighbors, formalized through the Pihkuutaau Agreement of July 2019. The company aims to become a major supplier of high-quality spodumene concentrate for the electric vehicle and energy storage industries.

The Cree Hunters Economic Security Board (CHESB) and 16 mining companies have jointly contributed $750,000 to the Reconstruction Initiative Forest Fires Fund 2023 (RIFFF). The fund aims to rebuild cabins destroyed by wildfires in the Eeyou Istchee James Bay territory of Quebec in 2023. 11% of the land and nearly 60% of traplines were affected by the fires. CHESB will contribute $400,000 and provide administrative support, Newmont Éléonore will contribute $50,000, and 15 other companies will each contribute $20,000. The reconstruction efforts will begin in 2025 to complement the Cree Trappers' Association's ongoing work.