Canadian Critical Minerals Inc. announced a private placement to issue 3,700,000 Flow-Through Units with an issue price of CAD 0.06 per unit for the gross proceeds of CAD 222,000 on July 25, 2024. Each Flow-Through Unit consists of one common share and one half of one common share purchase warrant that is exercisable into a common share at an exercise price of CAD 0.09 per share for a period of two years. All securities issued are subject to a statutory hold period that expires four months and one day from issuance.

n connection with the financing, the Company paid finders cash commissions totaling CAD 10,500 and issued 175,000 non-transferrable broker warrants equal to 7% of the Flow-Through Units sold. Each broker warrant entitles its holder to acquire one common share of the Company at a price of CAD 0.06 for a 24-month period.