(TheNewswire)

September 25 th , 2025 – TheNewswire - Muskoka, Ontario – Steadright Critical Minerals Inc. (CSE: SCM ) (“ Steadright ” or the “ Company ”) is thrilled to announce that it has entered into a definitive purchase agreement (the “ Agreement ”) among the Company, Critical Foundation Metals Inc. (“ CFM ”) and NSM Capital Sarl (“ NSM ”). Steadright, now owns 75% of the promising TitanBeach Titanium Project and can earn up to 80% by purchasing, from Critical Foundation Metals Inc., an additional 5%.

Steadright is now expanding the Preliminary Economic Assessment (PEA), currently  being prepared by ABG Exploration Inc. based out of Quebec, Canada to incorporate more of the TitanBeach Titanium Beach One exploration licence and is adding another part of a contiguous exploration licensed claim to the PEA .

Recent results, (September 16 th , 2025 press release) from the on-going PEA indicate “Heavy Mineral” beach sand samples and reveal the existence of potential ilmenite, titanomagnetite, magnetite, leucoxene and rutile bearing sands with Fe ₂ O ₃ values of up to 79.5% and TiO ₂ as high as 14.9%. Mineralogical studies in progress will allow for a strong determination of the minerals present. These results underscore the potential for a heavy mineral sands (HMS) deposit with significant economic potential.

The Definitive Agreement terms that Steadright has completed with NSM Capital Sarl shareholder and Critical Foundation Metals Inc. includes NSM Capital Sarl Shareholder receiving a 2.5% Net Smelter Royalty and 3,850,000 shares at a price of 0.14 cents of Steadright Critical Minerals, along with the $350,000 USD payment already paid. Critical Foundation Metals Inc. (CFM) has received 25% of NSM Capital Sarl for a value of $122,000 Canadian and Steadright will be responsible for the first $1,000,000 CAN dollars of production facility costs and exploration. Steadright can purchase an additional 5% of CFM interest in NSM Capital Sarl by paying CFM $1,000,000 CAD.

As well as expanding the PEA , Steadright will be applying for a Mining permit shortly as a comprehensive plan for Mining and Environmental protection is almost completed and expected shortly.

Click Image To View Full Size

Figure 1 : Steadright CEO, Mr. Matt Lewis on TitanBeach

Steadright’s CEO, Mr. Matt Lewis states, “Steadright Critical Minerals is steadfast in the following of its ‘North Star’ – the pursuit of a sustainable and rapidly growing business. The purchase of NSM Capital SARL is huge for us, as is the expanded PEA and fast-coming mine-permitting application. We are devoted to our shareholders and to Morocco, an absolutely top-notch country for mining exploration and production. We also are very grateful for the help given by the local and regional governments to our efforts.

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. With only a few of the world’s suppliers dominating the market, TiO2 is in strong demand.

Related party disclosure related to the transaction

As previously announced on September 16, 2025, the CEO of Steadright holds an approximate 7.45% indirect interest in CFM through a 33% ownership in a private entity that owns approximately 22% of the common shares of CFM.  In addition, a consultant of the Company, is the spouse and parent of the controlling shareholders of CFM, (the “CFM Controlling Shareholders”). The CFM Controlling Shareholders own a majority of the common shares in CFM.

The Acquisition constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”).  The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(a), respectively, on the basis that neither the fair market value of the subject matter of the Acquisition, nor the fair market value of the consideration for the Acquisition, insofar as it involves related parties, exceeds 25% of the Company’s market capitalization. The Acquisition and Agreement was reviewed and approved by the independent directors of the Company

Qualified Person

Mr. Robert Palkovits, P. Geo, a consultant to Steadright and 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 STEADRIGHT 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 is focused on near term production in Morocco. Steadright currently is also renegotiating an option on the RAM property near Port Cartier, Quebec within the Côte-Nord Region, which is accessible by Route 138. The RAM project is 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: info@steadright.ca

Website: www.steadright.ca

Phone: 1-905-410-0587

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 United States or to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available. ‎

Not for distribution to United States Newswire Services or for dissemination in the United States

Copyright (c) 2025 TheNewswire - All rights reserved.