American Critical Minerals Announces $1 Million Private Placement

American Critical Minerals Corp., based in Vancouver, announced a non-brokered private placement aiming to raise $1 million. The company plans to issue up to 5 million units at $0.20 each. Each unit includes one common share and half of a share purchase warrant, exercisable at $0.30 for 24 months.

The funds will primarily support the Green River Project, focusing on lithium and bromine exploration. The proceeds will also cover concession fees and corporate costs. The offering adheres to Canadian regulations, excluding Quebec, and is exempt from hold periods under specific financing exemptions.

The company, led by CEO Simon Clarke, may offer finders' fees. Completion of the offering depends on regulatory approvals. Potential investors can read more in the offering document available online.