CCMI Announces Private Placement of up to $1 Million
CCMI Announces Private Placement of up to $1
Million
Calgary, Alberta--(Newsfile Corp. - November 18, 2025) - Canadian Critical Minerals Inc. (TSXV:
CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to announce a private placement of a
minimum of 10,000,000 units of the Company (each, a "Unit") and a maximum of 28,571,428 Units at a
price of $0.035 per Unit for aggregate gross proceeds of a minimum of $350,000 and a maximum of
$1,000,000 (the "Offering").
Each Unit is comprised of one common share of the Company (a "Common Share") and one common
share purchase warrant of the Company (a "Warrant"), with each Warrant exercisable into one Common
Share at a price of $0.05 for a period of five (5) years.
Subject to compliance with applicable regulatory requirements and in accordance with National
Instrument 45- 106 - Prospectus Exemptions ("NI 45-106"), the Units will be offered for sale to
purchasers resident in all provinces of Canada, other than Quebec, and/or other qualifying jurisdictions
pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by
Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer
Financing Exemption (the "Listed Issuer Financing Exemption"). The Units issued to Canadian
resident subscribers under the Listed Issuer Financing Exemption, and the Common Shares and
Warrants underlying the Units, will not be subject to a hold period pursuant to applicable Canadian
securities laws.
The Offering is expected to close on or about December 8, 2025 (the "Closing Date"), or such other
date as the Company may determine, and is subject to certain conditions including, but not limited to, the
receipt of all necessary regulatory and other approvals, including the conditional approval of the TSX
Venture Exchange.
The Company may pay finder's fees in connection with the Offering comprised of cash equal to 7% of the
gross proceeds of the Offering and finder warrants (the "Finders Warrants") equal to 7% of the number
of Units issued under the Offering. Each Finders Warrant will be exercisable for one (1) Common Share
at a price of $0.05 for a period of two years. The Finders Warrants will be subject to a statutory hold
period in Canada of four (4) months and one (1) day after the date of issuance.
The Company intends to use the proceeds of the Offering to complete its application to restart the Bull
River Mine project near Cranbrook, BC. and for working capital.
There is an offering document (the "Offering Document") related to the Offering and the use by the
Company of the Listed Issuer Financing Exemption that can be accessed under the Company's profile
on SEDAR+ at www.sedarplus.ca and on the Company's website at
www.canadiancriticalmineralsinc.com. Prospective investors should read this Offering Document before
making an investment decision.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in
the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may
not be offered or sold within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
About CCMI
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 5.3%
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
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E:
Website:
www.canadiancriticalmineralsinc.com
Cautionary Statement Regarding Forward-Looking Information
This news release contains certain "forward-looking information" within the meaning of Canadian
securities legislation, including, but not limited to, statements regarding the Company's plans with
respect to the Company's projects and the timing related thereto, the merits of the Company's
projects, the Company's objectives, plans and strategies, the Offering, the listing of the Common
Shares on the TSX Venture Exchange, the use of proceeds of the Offering and other matters.
Although the Company believes that such statements are reasonable, it can give no assurance that
such expectations will prove to be correct. Forward-looking statements are statements that are not
historical facts; they are generally, but not always, identified by the words "expects," "plans,"
"anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective,",
"strategy", "prospective," and similar expressions, or that events or conditions "will," "would," "may,"
"can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events.
The Company cautions that forward-looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are made and they involve a
number of risks and uncertainties. Consequently, there can be no assurances that such statements
will prove to be accurate and actual results and future events could differ materially from those
anticipated in such statements. Except to the extent required by applicable securities laws and the
policies of the TSX Venture Exchange, the Company undertakes no obligation to update these
forward-looking statements if management's beliefs, estimates or opinions, or other factors, should
change. Factors that could cause future results to differ materially from those anticipated in these
forward- looking statements include the risk of accidents and other risks associated with mineral
exploration operations, the risk that the Company will encounter unanticipated geological factors, or
the possibility that the Company may not be able to secure permitting and other agency or
governmental clearances, necessary to carry out the Company's exploration plans, risks of political
uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its
business that might interfere with the Company's business and prospects. The reader is urged to refer
to the Company's reports, publicly available through the Canadian Securities Administrators' System
for Electronic Data Analysis and Retrieval + (SEDAR+) at
www.sedarplus.ca
for a more complete
discussion of such risk factors and their potential effects.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Not for distribution to United States newswire services or for dissemination in the United States
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/275087