Stillwater Finalizes Additional Private Placement for Yukon Project

Stillwater Critical Minerals Corp. has completed a second non-brokered private placement for the Kluane Critical Minerals Project in Yukon, Canada. Subject to TSX Venture Exchange approval, the financing secured an additional $500,001 through 3,333,340 flow-through units at $0.15 each. Each unit includes one flow-through share and half a transferable warrant. Full warrants could convert into common shares at $0.225 within 24 months, with an acceleration provision.

The funds are earmarked for exploration expenses qualifying as Canadian exploration and mineral mining expenditures. The company intends to focus on geological programs, data compilation, and potential geophysical surveys to support future drilling campaigns. President and CEO Michael Rowley highlighted investor interest in the project and anticipates announcing developments soon, particularly regarding the flagship Stillwater West project.