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Supreme Critical Metals Inc. (VRCFF) maintains this comprehensive news hub for tracking developments in critical metals exploration and strategic initiatives. Investors and industry observers will find authoritative updates on mineral project evaluations, corporate milestones, and market positioning within the battery metals sector.
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Supreme Critical Metals (OTC:VRCFF) has announced the filing of its annual financial statements for the year ended February 28, 2025, which were delayed beyond the original June 27, 2025 deadline. The company filed these Required Filings on August 28, 2025.
However, due to the delay in the annual filings, Supreme was unable to meet the July 30, 2025 deadline for its Q1 2025 interim financial statements. The company expects to file these Interim Filings by September 4, 2025. Until then, Supreme will continue issuing bi-weekly default status reports in compliance with NP 12-203, with potential regulatory actions including a cease trade order if deadlines are not met.
Supreme Critical Metals (OTC:VRCFF) has engaged Hardline Exploration Corp. to assist with exploration program design and permitting for its Silver Vista Silver-Copper Property near Smithers, British Columbia. The property, located 55 kilometers northeast of Smithers, spans 4,839 hectares and is accessible by logging roads.
The property shows promising results from previous drilling, with the best intercepts recorded in 2021. Notable results include drill hole SV21-07, which yielded a 46-metre zone averaging 48 g/t silver and 0.62% copper, including a 17-metre section containing 94 g/t silver and 1.34% copper. The highest individual readings were 431 g/t silver and 2.57% copper.
Supreme Critical Metals (OTC:VRCFF) has announced the acquisition of an option for the Silver Vista Silver-Copper Property in British Columbia, located 55 kilometers northeast of Smithers. The company will issue 1 million shares to Global Copper Corp. to assume the option agreement terms.
The property spans 4,839 hectares and has shown promising drill results, with the best intercept returning 48 g/t silver and 0.62% copper over 46 meters. The company must make staged cash payments totaling $95,000 through 2027 and commit to $100,000 in exploration expenditures by December 2025.
Additionally, Supreme announced a financing of up to $1.1 million through common shares at $0.10 per share to fund general corporate purposes and exploration activities.
Supreme Critical Metals (OTC:VRCFF) has announced a strategic initiative to acquire silver properties, marking a significant shift in its business focus. The company cites increasing silver demand driven by industrial applications in technology, renewable energy, and high-tech electronics, particularly in solar panels and electric vehicles.
The company is also considering a potential spin-out of its uranium properties into a separate entity to enhance focus on silver operations. This strategic pivot comes amid rising silver prices and growing market demand, with Supreme aiming to capitalize on both industrial and investment aspects of the silver market.
Supreme Critical Metals Inc. (OTC:VRCFF) has issued its fourth bi-weekly Default Status Report regarding delayed financial filings. The company has failed to file its annual audited financial statements for the year ended February 28, 2025, which were due on June 27, 2025. Additionally, Supreme has missed the July 30, 2025 deadline for its Q1 2025 interim financial statements.
The company's management is working to complete both the Required Filings and Interim Filings, with the interim reports to be filed within five business days after the annual filings. Supreme will continue issuing bi-weekly status updates, though it faces the risk of a potential cease trade order if the delays persist.
Supreme Critical Metals (OTC:VRCFF) has issued its third bi-weekly default status report regarding delayed financial filings. The company has failed to file its annual audited financial statements for the year ended February 28, 2025, which were due on June 27, 2025. Additionally, Supreme has missed the July 30, 2025 deadline for filing its interim financial statements for the quarter ended May 31, 2025.
The company's management states they are working to complete these filings, with interim filings to be submitted within five business days after the annual filings. Supreme will continue issuing bi-weekly status updates, though it risks facing a potential cease trade order if the delays persist.
Supreme Critical Metals (OTC:VRCFF) has issued its second bi-weekly default status report regarding the delayed filing of its annual financial statements for the year ended February 28, 2025. The company missed its original filing deadline of June 27, 2025 for its required annual audited financial statements, management's discussion and analysis, and related certifications.
The company's management confirms they are working to complete the Required Filings and states there has been no other material undisclosed information since their July 4 update. Supreme will continue issuing bi-weekly status reports as required by National Policy 12-203. If the company fails to file in a timely manner, regulatory authorities may impose a cease trade order on Supreme's securities.
Supreme Critical Metals (OTCID:VRCFF) has announced significant changes to its property portfolio. The company has amended its option agreement with Yellow Chief Uranium, eliminating all cash and work obligations. Instead, Supreme will only need to issue 8 million shares to acquire 100% interest in the Yellow Chief properties, with 4 million shares to be issued immediately and the remainder in one year.
The Yellow Chief properties include 5 claims covering 3,513.2 ha in Saskatchewan and 28 claims covering 130.1 ha in Utah, including part of the former Yellow Chief Mine. Additionally, Supreme has relinquished its interest in the Saguenay Nickel Project in Quebec to focus on assets with clearer production potential.
Supreme Critical Metals (OTCID:VRCFF) has received a Management Cease Trade Order (MCTO) from the British Columbia Securities Commission on July 2, 2025. The MCTO restricts the CEO George Tsafalas and CFO Chris Gulka from trading company securities until the company files its required financial statements for the year ended February 28, 2025.
The order does not affect other shareholders' ability to trade. The company commits to providing bi-weekly status updates and confirms there is no undisclosed material information. If Supreme fails to file the required documents timely, regulators may impose a broader issuer cease trade order.
Supreme Critical Metals (OTCID:VRCFF) has been granted a Management Cease Trade Order (MCTO) by the British Columbia Securities Commission after failing to file required annual financial documents by the June 27, 2025 deadline. The missing documents include audited annual financial statements, management's discussion and analysis, and CEO/CFO certifications for FY ended February 28, 2025.
The MCTO, issued on July 2, 2025, restricts trading of company securities by the CEO and CFO but does not affect regular shareholders. The company expects to file the required documents by August 29, 2025 and will provide bi-weekly status updates. Additionally, Supreme has suspended its securities distribution under the listed issuer financing exemption dated June 4, 2025.