BRIEF

on Stillwater Critical Minerals Corp. (isin : CA86074L1031)

Stillwater Mineral Development Gains Momentum with New Private Placement

Vancouver-based Stillwater Critical Minerals Corp. has announced a non-brokered private placement financing of up to $375,000. This initiative involves the issuance of 2,500,000 flow-through units at $0.15 per unit, targeting the development of the Kluane Critical Minerals Project in Yukon, Canada. Each unit consists of one flow-through share and a half transferable non-flow-through warrant, enabling the purchase of a common share at $0.225 for 24 months.

President Michael Rowley expressed optimism about the financing. It will fund ground geological programs and geophysical surveys at the Kluane project, with exploration focusing on Ni-Cu-PGE mineralized zones within ultramafic intrusions. Dr. Danie Grobler, Vice-President Exploration, highlighted the project's potential due to its vast mineralized terrain.

The private placement operates under regulatory compliance, with a customary hold period and the possibility of finder's fees. The funds raised will cover exploration expenses qualifying as "Canadian exploration expenses" under Canadian tax law.

R. H.

Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Stillwater Critical Minerals Corp. news