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September 16th, 2025 – TheNewswire - Muskoka, Ontario – Steadright Critical Minerals Inc. (CSE::SCM) (“Steadright” or the “Company”) is pleased to announce the findings from the Company’s recent exploration program at the TitanBeach Titanium Project, Beach One, in Morocco. “Heavy Mineral” beach sand samples reveal the existence of potential ilmenite, titanomagnetite, magnetite, leucoxene and rutile bearing sands with Fe₂O₃ values of up to 79.5% and TiO₂ 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 heavy mineral sands (HMS).

 

Steadright has retained a Canadian firm based in Quebec, ABG Exploration Inc., to head up a PEA on the TitanBeach Titanium Project, Beach One, announced in an earlier press release dated July 29, 2025. Mineral samples were sent to AFRILAB out of Marrakesh, Morocco, with the following results listed below in this press release:

 

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Figure 1: Regional geological setting and study area (Atlantic coastal belt near Tan‑Tan/Akhfenir).

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Figure 2: TitanBeach One map with TiO2 assays.

  

Key Assay Highlights are as follows:

 

• Highest Value         Fe₂O₃         79.5 %

• Highest Value        TiO₂                 14.94 %

 

• Average across samples:                Fe₂O₃         48.6 %

• Average across samples:         TiO₂                 9.0 %

 

Table 1. Completed Assay Results (Fe₂O₃ and TiO₂ with Coordinates) received on Friday September 12th, 2025.

 

Sample	Latitude	Longitude	Fe2O3%	TiO2_%
TB01	28.30782	-11.51010	68.81	14.94
TB02	28.30799	-11.51021	44.5	10.45
TB03	28.30766	-11.51059	67.14	13.13
TB04	28.30784	-11.51068	46.17	9.77
TB05	28.30798	-11.50964	63.25	12.68
TB06	28.30819	-11.50975	43.66	9.44
TB07	28.30841	-11.50929	43.56	10.17
TB08	28.30821	-11.50919	67.07	13.93
TB09	28.30842	-11.50873	66.93	12.36
TB10	28.30863	-11.50884	35.3	7.5
TB11	28.30885	-11.50840	42.64	9.4
TB12	28.30865	-11.50827	67.75	12.75
TB13	28.30880	-11.50752	76.53	10.32
TB14	28.30921	-11.50687	73.27	10.84
TB15	28.30940	-11.50702	58.02	10.98
TB16	28.30902	-11.50766	54.22	10.28
TB-17a	28.30854	-11.50795	78.67	9.13
TB-20	28.30751	-11.51106	52.51	10.12
TB-21a	28.30734	-11.51144	36.33	6.62
TB-21b	28.30739	-11.51147	63.48	13.82
TB-22	28.30717	-11.51194	38.14	7.23
TB-23	28.30689	-11.51229	38.44	7.53
TB-24	28.30670	-11.51275	49.6	10.65
TB-26	28.30652	-11.51320	28.07	5.11
TB-27	28.30638	-11.51355	22.65	2.44
TB-28	28.30632	-11.51403	10.35	0.39
TB-32	28.30699	-11.51290	18.46	2.51
TB-34	28.30737	-11.51203	9.77	2.17
TB-35	28.30756	-11.51157	30.68	5.69
TB-36	28.30773	-11.51112	31.87	7.32
Average			48.6	9.0

 

Geological analysis shows appreciable levels of both Fe2O3 and TiO₂ within the sampled area. Areas of lower grades may not be fully indicative of potential at depth due to limited testing at this time. Future hand auger and excavator pits followed by mineralogical and geometallurgical testing will provide improved understanding of the minerals present. Depth of the test pits from which the samples were taken for the data above were 0.5 to 1.5 metre.

 

Field samples are magnetic in hand specimen; this suggests Fe–Ti mineralization (e.g., magnetite and/or ilmenite). Mineralogical confirmation of species and proportions will be reported once XRD/automated microscope results are available.

 

Sampling & Analytical Methods (Laboratory)

Samples were submitted for laboratory analysis to AfriLab, a SGS certified lab and member of the Canadian Association for Laboratory Accreditation (Marrakesh, Morocco), were collected in the field from surface exposures of the beach sands. Individual sample weights ranged from approximately 2.5 to 5.0 kilogram. Samples were collected manually and sealed in plastic bags for delivery for iron and titanium oxide determinations (reported as Fe₂O₃ and TiO₂). AfriLab’s method sheet specifies alkaline fusion with sodium peroxide followed by ICP analysis (code: FP‑ICP PRE.MO/ANA007). Results are reported as percent by weight.

The gaps in sequence reflect samples that were planned but not collected. On the second field day, several sites were skipped due to time and access constraints, due high tide. Only the samples actually delivered to the lab and certified were reported in the table. TB18 and TB19 were rock samples collected from nearby outcrops on a 55 meter bluff for comparison purposes only.

 

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TitanBeach One Test Pit

 

Through the Al Mokhtabar consulting office in Morocco, Mr. Omar Guillou P. Geo. notes, “Recent analysis results demonstrate the exceptional richness of the deposit in iron and titanium oxides. The data strengthens the potential for sustainable and competitive mining development. The team looks forward to optimizing these strategic resources essential to the critical minerals market.”

 

Steadright currently has an agreement with Critical Foundation Metals Inc. (CFM), which is an Ontario based private mineral exploration company and NSM Capital Sarl, a Moroccan Company, which holds the TitanBeach Titanium Project in Morocco. Steadright has a 75% interest in the Project and can obtain an additional 5% of CFM’s 25% interest to a maximum 80% interest by entering into a definitive agreement with CFM and NSM Capital Sarl; and by purchasing the outstanding shares of NSM Capital Sarl on or before September 30th, 2025 for a total of $350,000 USD and 9.5% of the outstanding shares of Steadright that includes a 2.5 % NSR in favour of the Shareholder(s) of NSM Capital Sarl.

 

See Press releases dated, June 18, 2025; July 29, 2025; August 5, 2025; August 11, 2025 and in the financial statements for the Company on Sedar.

 

Steadright has not commenced the definitive agreement with NSM Capital Sarl or CFM. Steadright expects discussions to commence in Morocco this week to finalize the details of the terms of the definitive agreement and to pay for the remainder of the $350,000 USD for NSM Capital Sarl. NSM Capital Sarl controls 160 sq. km’s of exploration mineral claims in Southern Morocco, known as the TitanBeach Titanium Project.

 

Steadright’s CEO, Mr. Matt Lewis states, ”Steadright Critical Minerals is working flat out on our Moroccan opportunities and can’t be happier with our Moroccan friends and the mining environment the government has cultivated. We are dedicated to responsible mineral exploration and development, and prioritize strong environmental stewardship and community engagement. It’s key that we maintain sustainable practices that benefit both the local community and our stakeholders.”

Next Steps

Steadright will proceed with a systematic hand auger sampling and test-pit program, followed by mineralogical and metallurgical test work including XRD, gravity, magnetic and electrostatic separation. These studies will guide resource estimation and support the preparation of a Preliminary Economic Assessment (PEA), which may be expanded to incorporate further exploration within the claims and contiguous exploration claims.

The results from this sampling and test pit campaign will provide a strong foundation for further exploration and evaluation.

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

 

The CEO of the Company 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.

 

As CFM is a counterparty to the LOI with the Company, this interest 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 transaction, nor the fair market value of the consideration for the transaction, insofar as it involves related parties, exceeds 25% of the Company’s market capitalization. The transaction was reviewed and approved by the independent directors of the Company.

Flow-Through Financing

 

The Company has closed a final 500,000 Flow-Through Units (the “FT Units”) in the capital of the Company at a price of C$0.10 per FT Unit, for aggregate gross proceeds of $50,000 (the “Final FT Tranche”).

Aggregate gross proceeds of the Offering (including the first tranche that closed August 14, 2025, the Final Tranche that closed on August 29, 2025 and this Final FT Tranche) are C$960,000.

 

No additional funds, pursuant to the Companies previously announced non-brokered private placement (the “Offering”), will be raised.

 

Each FT Unit is comprised of one common share in the capital of the Company and one common share purchase warrant (each, a “FT Warrant”). Each FT Warrant entitles the holder to acquire one further Common Share at a price of $0.15 per Common Share for a period of twenty-four months from the date of issuance.  

 

In consideration for their services, certain finders received a cash commission (the “Commission”) equal to 8.0% on eligible subscriptions of the gross proceeds of the Final Tranche totalling C$2,400 and a broker warrant commission equal to 8% on eligible subscriptions of the gross proceeds of the Final Tranche (the “Broker Warrants”), being 24,000. The Commission was paid in accordance with the policies of the Canadian Securities Exchange and relevant Canadian securities laws.

 

The Company intends to use the net proceeds of this Final FT Tranche to incur eligible “Canadian exploration expenses” that qualify as “flow-through critical mineral mining expenditures” under the Income Tax Act (Canada).

 

The Common Shares and Warrants issued pursuant to the Offering will be subject to a regulatory hold period of four months and one day from the date of issuance. The Offering remains subject to final Canadian Securities Exchange acceptance of requisite regulatory filings.

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 comprised of over 11,000 acres and 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. ‎