Canadian Critical Minerals Announces $600,000 Flow-Through Financing

Rhea-AI Summary

Canadian Critical Minerals (OTCQB:RIINF) has announced a flow-through financing initiative to raise $600,000 in gross proceeds. The financing consists of 17,142,858 flow-through units priced at $0.035 per unit.

Each unit includes one flow-through share and half of a common share purchase warrant, exercisable at $0.05 per share for three years. The financing is expected to close on September 19, 2025, with proceeds directed towards exploration and development at the Bull River Mine project near Cranbrook, B.C.

Positive

• None.

Negative

• Potential dilution for existing shareholders
• Low unit price of $0.035 indicates challenging market conditions

Calgary, Alberta--(Newsfile Corp. - September 17, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") announces a flow-through financing for gross proceeds of $600,000, comprised of 17,142,858 flow-through units with an issue price of $0.035 per unit. Each unit will consist of one flow-through share and one-half of one common share purchase warrant that is exercisable into a common share at an exercise price of $0.05 cents per share for a period of three years.

Closing is expected to occur on September 19, 2025. All securities issued will be subject to a statutory hold period that expires four months and one day from issuance.

Proceeds from the financing will be used for exploration and development activities at the Bull River Mine project near Cranbrook, B.C.

About Canadian Critical Minerals Inc.

CCMI is a mining company primarily focused on copper production assets in Canada. CCMI's main asset is the 100% owned Bull River Mine project (150 million lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI also owns a 9% interest in XXIX Metal Corp. which holds a 100% interest in the Thierry copper project near Pickle Lake, Ontario and a 100% interest in the Opemiska copper project near Chapais-Chibougamau, Quebec.

Contact Information
Canadian Critical Minerals Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@canadiancriticalmineralsinc.com
Website: www.canadiancriticalmineralsinc.com

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks.

Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266912

FAQ

What is the size of Canadian Critical Minerals' (RIINF) new financing announced on September 17, 2025?

Canadian Critical Minerals announced a $600,000 flow-through financing at $0.035 per unit, comprising 17,142,858 flow-through units.

What are the terms of RIINF's flow-through unit offering?

Each unit consists of one flow-through share and one-half warrant, with warrants exercisable at $0.05 per share for three years.

How will Canadian Critical Minerals use the proceeds from the $600,000 financing?

The proceeds will be used for exploration and development activities at the Bull River Mine project near Cranbrook, B.C.

When will the RIINF flow-through financing close?

The financing is expected to close on September 19, 2025, with securities subject to a four-month and one-day statutory hold period.

What is the exercise price and duration of the warrants in RIINF's financing?

The warrants are exercisable at $0.05 per share for a period of three years from issuance.