CCMI Announces First Tranche Closing of LIFE Offering
Calgary, Alberta--(Newsfile Corp. - December 12, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to announce it has closed the first tranche of its previously announced private placement for gross proceeds of $588,850 through the issuance of 16,824,286 units of the Company (each, a "Unit") at a price of $0.035 per Unit (the "Offering").
Each Unit is comprised of one common share of the Company (a "Common Share") and one common share purchase warrant of the Company (a "Warrant"), with each Warrant exercisable into one Common Share at a price of $0.05 for a period of five (5) years.
The Company expects to complete a second tranche of the Offering next week. The Offering remains subject to the final approval of the TSX Venture Exchange.
In accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the Units were issued to Canadian purchasers pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption"). The Common Shares and Warrants issued to purchasers resident in Canada are immediately freely tradeable in accordance with applicable Canadian securities laws.
There is an offering document related to the Offering and the use by the Company of the Listed Issuer Financing Exemption that can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.canadiancriticalmineralsinc.com.
In connection with the Offering, the Company paid finders fees of $2,401 and 68,600 finders warrants with each finder warrant entitling the holder thereof to purchase one common share at a price of $0.05 for a period of two years. The finder warrants and the underlying common shares are subject to a four month and one day hold period from the closing date of the Offering in accordance with applicable Canadian securities laws.
The Company intends to use the proceeds of the Offering to complete its application to restart the Bull River Mine project near Cranbrook, BC. and for working capital.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any 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 U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

