Stillwater Increases Private Placement Financing

Stillwater Critical Minerals Corp. has announced an upsize to its non-brokered private placement financing due to increased demand. The offering now includes up to 1,646,380 units priced at C$0.23 each, aiming for gross proceeds of C$378,667.40. Each unit comprises one common share and a half warrant, allowing purchase of an additional share at C$0.34 within 36 months.

This additional offering follows a $7 million brokered LIFE offering and includes participation from company officers and Glencore Canada Corporation, which will maintain its shareholding. The proceeds will support exploration at Stillwater's flagship project in Montana and other ventures. Subject to TSXV approval, the offering closes around July 31, 2025.

Notably, securities from this offering are not for U.S. distribution and carry a hold period, with no finders’ fees applied. The company expects insider participation from directors and officers under specific exemptions.