Steadright Signs MOU ON Critical Mineral Titanium Project in Morocco
June 5th, 2025 – Muskoka, Ontario – Steadright Critical Minerals Inc. (CSE::SCM)
(“Steadright” or the “Company”) is pleased to announce an MOU has been signed with
the shareholders of NSM Capital, a Moroccan company controlling 160 sq. km’s of
contiguous mineral exploration licences containing highly prospective Titanium Dioxide
(TiO2). Titanium Dioxide is classified as a Critical and Strategic Mineral in the U.S.,
Canada, Europe, and a significant amount of the world’s other countries.
Steadright can earn up to 80% in the TitanBeach Titanium Project, which contains
contiguous mineral exploration licenses in the Cape Juby Strip, known for its Titanium
rich beach sands on the Atlantic coastline of Morocco. Steadright has engaged an
independent 43-101 study, to be immediately commenced within the next week, to follow
up on the project.
There have been a number of academic studies on the economic potential of the
Moroccan beach sands. Rutile TiO₂ has seen a steady increase in price, as have other
critical minerals, all due to similar factors in the marketplace.
In recent years the world has seen increased demand for critical minerals, growing supply
chain disruptions, rising raw material costs and major suppliers such as China increasing
their export prices. Trade wars and regulations have also impacted global trade and
contributed to the overall price hike. With only a few of the world’s suppliers dominating
the market, TiO2 is in strong demand.
The TitanBeach Titanium licences can be converted to exploitation (production) licences
once exploration work has been performed and sufficient resources have been outlined
to support reserve estimates and a positive economic project. A recent historical sample
done in 2023 from the MOU property shows 42 % Fe and 4.7% Ti. Further samples are
being obtained with the new 43-101 report commencing.
Figure #1 Region Map Cape Juby Strip
Proceedings of the Geologists’s Association, volume 134, Issue 3, June 2023. Pg’s 329-343
CEO, Matt Lewis states, “Morocco has a growing economy and is a friendly mining
jurisdiction with a host of critical minerals. The country’s 5-Year tax free incentive
for Mineral Producers is a prime example of how a smart, safe and secure
jurisdiction that wants its miners to succeed, operates. I am very excited about the
potential of Morocco and the TitanBeach Titanium Project – and Steadright firmly
believes that the time for investment in mining in Morocco is now.”
Qualified Person
Mr. Robert Palkovits, P. Geo, a consultant to Steadright, who is a qualified person (“QP”)
under the National Instrument 43-101 – Standards of Disclosure of Mineral Projects has
reviewed and approved the scientific and technical information in this press release.
ABOUT STREADRIGHT CRITICAL MINERALS INC.
Steadright Critical Minerals Inc. is a mineral exploration company established in 2019.
Steadright has been focused in 2025 on finding exploration projects that can be brought
into production within the critical mineral space. Steadright currently holds an option on
its RAM property near Port Cartier, Quebec within the Côte-Nord Region, which is
accessible by route 138. The RAM project is comprised of over 13,000 acres and located
on an Anorthositic complex that is in a highly prospective geological unit and historically
been under explored for Ni, Cu, Co and precious metals.
ON BEHALF OF THE BOARD OF DIRECTORS
For further information, please contact:
Matt Lewis
CEO & Director
Steadright Critical Minerals Inc.
Email: [email protected]
Web: www.steadright.ca
Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services
Provider (as that term is defined in the policies of the CSE) accepts responsibility
for the adequacy or accuracy of this release.
Forward-looking information is subject to known and unknown risks, uncertainties and
other factors which may cause the actual results, level of activity, performance or
achievements of Steadright to be materially different from those expressed or implied by
such forward-looking information. Such risks and other factors may include, but are not
limited to: there is no certainty that the ongoing programs will result in significant or
successful exploration and development of Steadright’s properties; uncertainty as to the
actual results of exploration and development or operational activities; uncertainty as to
the availability and terms of future financing on acceptable terms; uncertainty as to timely
availability of permits and other governmental approvals; general business, economic,
competitive, political and social uncertainties; capital market conditions and market prices
for securities, junior market securities and mining exploration company securities;
commodity prices; the actual results of current exploration and development or
operational activities; competition; changes in project parameters as plans continue to be
refined; accidents and other risks inherent in the mining industry; lack of insurance; delay
or failure to receive board or regulatory approvals; changes in legislation, including
environmental legislation or income tax legislation, affecting Steadright; conclusions of
economic evaluations; and lack of qualified, skilled labour or loss of key individuals.
This news release does not constitute an offer to sell or a solicitation of an offer to buy
any of the 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
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