Welcome to our dedicated page for Maverick Gold and Silver news (Ticker: VRCFF), a resource for investors and traders seeking the latest updates and insights on Maverick Gold and Silver stock.
Maverick Gold and Silver Corp. reports news centered on an exploration-stage portfolio of gold, silver, and copper properties in British Columbia and Nevada. Company updates focus on property staking, sampling, mapping, historic data review, and project-development work, with recurring emphasis on the Jericho property in Lincoln County, Nevada.
News also covers corporate identity and market-structure updates following the company's name change from Supreme Critical Metals, along with governance changes, technical-advisory appointments, and mining-investment conference participation tied to its exploration strategy.
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.
Supreme Critical Metals (OTC:VRCFF) announced a delay in filing its required annual financial statements, MD&A, and certifications for the year ended February 28, 2025, missing the June 27, 2025 deadline. The company has secured interim financing from management and related parties to address its working capital deficiency and engage auditors.
Supreme has applied for a management cease trade order (MCTO) with the British Columbia Securities Commission, which would restrict insiders from trading company securities. The company expects to file the required documents by August 29, 2025 and will comply with alternative information guidelines while in default.
Supreme Critical Metals Inc. (CSE:CRIT, OTC:VRCFF) has updated its debt settlement terms, amending the share issue price to $0.13. The company will issue 5,749,169 common shares to settle a total debt of $747,392. Of these shares, 1,190,769 will be issued to four directors and officers as part of a related party transaction. The shares will be subject to a 4-month restricted hold period and exchange approval. The company is utilizing exemptions under MI 61-101 as the fair market value of the shares being issued represents less than 25% of the company's market capitalization.
Supreme Critical Metals Inc (OTC PINK:VRCFF) has announced debt settlement agreements through the issuance of 7,473,920 common shares at $0.10 per share, totaling $747,392. The shares will be subject to a 4-month restricted hold period and exchange approval.
Of the total issuance, 1,548,000 shares will be allocated to four directors and officers as related party transactions. The company is utilizing exemptions under sections 5.5(a) and 5.7(a) of MI 61-101, as the fair market value of the shares represents less than 25% of the company's market capitalization.
Supreme Critical Metals (CSE:CRIT, OTCQB:VRCFF) has announced the appointment of Chris Gulka as Chief Financial Officer, following Tatiana Kovaleva's retirement. Gulka brings over 30 years of capital markets and public markets experience. He founded Working Capital in 1999, a corporate finance firm focused on valuations and management consulting.
Gulka previously served as CFO and director of Inner Spirit Holdings , a cannabis retailer acquired by Sundial Growers for approximately $130 million. His experience includes CFO and director positions across mining, oil and gas, cannabis, and industrial sectors. He also worked as a Financial Securities Analyst at the Alberta Securities Commission and at Ernst & Young. Gulka holds a Bachelor of Commerce from the University of Alberta and is both a CFA and CPA.
Supreme Critical Metals (CSE:CRIT, OTC:VRCFF) has announced several significant corporate updates. The company has decided not to renew the Smokey Lithium Project claims following a review of drilling results, leading to an impairment of these exploration and evaluation assets. Additionally, the company has reached debt settlement agreements to issue 1,250,000 common shares at $0.12 per share, totaling $150,000, subject to a 4-month restricted hold and exchange approval. The company has also cancelled 170,000 stock options that were deemed no longer effective in aligning holder interests with shareholders.
Victory Battery Metals Corp. has announced its transformation to Supreme Critical Metals Inc., accompanied by a 10:1 share consolidation. The company will trade under the new symbol CRIT on the CSE starting October 28, 2024. Post-consolidation, the company has 4,744,222 common shares outstanding. The consolidation extends to options and warrants, with adjusted exercise prices multiplied by ten. This restructuring aims to enhance the company's flexibility in pursuing future financing opportunities.
Victory Battery Metals Corp. (CSE:VR, OTC PINK:VRCFF) has announced its intention to change its name to Supreme Critical Metals Inc. and consolidate its shares. The company plans to implement a 10-to-1 share consolidation, reducing its outstanding shares from 47,442,222 to 4,744,222. This consolidation will also apply to outstanding options and warrants, with their exercise prices adjusted accordingly. The company will trade under the new symbol 'CRIT' on the CSE.
The Board of Directors approved these changes on October 18, 2024. The share consolidation aims to provide the company with increased flexibility for future financing opportunities. The implementation of these changes is subject to approval from the Canadian Securities Exchange.