American Critical Minerals Announces Closing of Bought Deal Offering (including Full Exercise of the Underwriter's Option) and Non-Brokered Offering for Aggregate Gross Proceeds of Approximately $7,451,000

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VANCOUVER, BC / ACCESS Newswire / November 3, 2025 / American Critical Minerals Corp. ("American Critical Minerals" or the "Company") (CSE:KCLI)(OTCQB:APCOF)(FRANKFURT:2P30) is pleased to announce that it has closed its previously announced "bought deal" offering, pursuant to which the Company issued 15,574,450 units of the Company (the "Units") at a price of $0.35 per Unit (the "Offering Price") for aggregate gross proceeds to the Company of approximately $5,451,000, including the exercise in full of the Underwriter's option (the "Brokered Offering").

Research Capital Corporation (the "Underwriter") acted as the sole underwriter and sole bookrunner under the Brokered Offering.

The Company is also pleased to announce that it has closed its previously announced concurrent non-brokered private placement, pursuant to which the Company issued 5,714,286 Units at the Offering Price for aggregate gross proceeds to the Company of $2,000,000.10 (the "Non-Brokered Offering" and together with the Brokered Offering, the "Offering"). Together, the Company raised aggregate gross proceeds of approximately $7,451,000 under the Offering.

Simon Clarke, President and CEO stated, "we are very pleased with the level of support that we received for this financing. The Company is now funded to commence confirmation and resource drilling at its Green River Project which is a major milestone for the Company. The location of the project, close to existing potash production and contiguous with advanced lithium development, combined with historic data from numerous oil and gas wells, provides us with a high level of confidence as to the potential of the project. We are now in position to implement the steps needed to confirm that data with the goal of converting our exploration targets to maiden resources for potash, lithium and bromine and to take the project to the next level."

Each Unit is comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.45 per Common Share for a period of 36 months following closing of the Offering, provided that holders will not be permitted to exercise Warrants until 60 days following closing of the Offering.