Stillwater Critical Minerals Files Early Warning Report Regarding its Holdings of Heritage Mining
TSX.V: PGE
OTCQB: PGEZF
FSE: 5D32
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Stillwater Critical Minerals Files Early Warning Report Regarding its Holdings of Heritage Mining
November 29, 20 22 – Vancouver, BC – Stillwater Critical Minerals (formerly Group Ten Metals) (TSX.V: PGE;
OTCQB: PGEZF; FSE: 5D32) (the “Company” or “SWCM”) announces it has filed an Early Warning Report related to
its holdings of 3,900,000 common shares of Heritage Mining Ltd. ("Heritage") (CSE: HML) which represents
approximately 11.8% of the total issued and outstand shares of Heritage. These shares were issued to Stillwater
Critical Minerals as well as a cash payment of $150,000 and completion of $500,000 project work to satisfy first
anniversary commitments per the Definitive Earn-In Agreement announced November 29, 2021 with respect to the
Drayton-Black Lake gold project in Ontario, Canada.
The Heritage shares are held directly by Stillwater Critical Minerals for investment purposes. Additional share
payments to Stillwater Critical Minerals are required under the Agreement and SWCM may in the future take such
actions in respect of its shares as it deems appropriate in light of the market circumstances then existing including
the sale of all or a portion of such holdings in the open market or in privately negotiated transactions to one or
more purchasers.
There are no persons acting jointly or in concert with Stillwater Critical Minerals with respect to the shareholdings
in Heritage, nor has the Company entered into any agreements in respect of its shareholdings in Heritage with any
person with which SWCM acts jointly or in concert.
This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and
Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report. The
early warning report respecting the acquisition will be filed on the System for Electronic Document Analysis and
Retrieval (“SEDAR”) at www.sedar.com.
About Stillwater Critical Minerals Corp.
Stillwater Critical Minerals (TSX.V: PGE | OTCQB: PGEZF) is a mineral exploration company focused on its flagship
Stillwater West PGE-Ni-Cu-Co + Au project in the iconic and famously productive Stillwater mining district in
Montana, USA. With the recent addition of two renowned Bushveld and Platreef geologists to the team, the
Company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class
American district, building on past production of nickel, copper, and chromium, and the on-going production of
platinum group and other metals by neighbouring Sibanye-Stillwater. The Platreef-style nickel and copper sulphide
deposits at Stillwater West contain a compelling suite of critical minerals and are open for expansion along trend
and at depth, with an updated NI 43-101 mineral resource update currently in progress.
Stillwater Critical Minerals also holds the high-grade Black Lake-Drayton Gold project adjacent to Treasury Metals’
development-stage Goliath Gold Complex in northwest Ontario, which is currently under an earn-in agreement with
an option to joint venture whereby Heritage Mining may earn up to a 90% interest in the project by completing
payments and work on the project. The Company also holds the Kluane PGE-Ni-Cu-Co project on trend with Nickel
Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Michael Rowley, President, CEO & Director
Email: [email protected] Phone: (604) 357 4790
Web: http://criticalminerals.com Toll Free: (888) 432 0075
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.