July 29, 2026 – TheNewswire – Muskoka, Ontario – Steadright Critical Minerals Inc. (CSE: SCM) (“Steadright” or the “Company”) is pleased to announce that the Board of Directors has made some strategic corporate Investments that expand the Company’s interest and increases its ownership position in NSM Capital Sàrl (“NSM”).

Acquisition of Two Additional Exploration Licenses within the Southern Region of the Kingdom of Morocco where the TitanBeach Project is located.

On October 14th, 2025 Steadright announced a Memorandum of Understanding (“MOU”) to acquire two additional mineral exploration licenses located along the Atlantic coastal waters and in the Region of the TitanBeach Titanium Project.

• The two new licenses total approximately 32 square kilometres, complementing the 192 square kilometres already held within NSM Capital Sàrl. 

• The licenses will be acquired free of any Net Smelter Royalty (NSR) 

• Steadright negotiated the acquisition through Mining and Research Company, a research and exploration mining corporation based in Laayoune, Morocco. 

• Under the MOU, Steadright will pay up to USD $150,000 for the acquisition, with the licenses to be transferred into NSM upon completion of the purchase agreement. 

To satisfy the acquisition cost, the Board has approved the issuance of 1,500,000 common shares of Steadright at $0.12 CAD per share, for total consideration of $180,000 CAD (equivalent to USD $127,601.10), which is below the USD $150,000 maximum contemplated in the MOU.

Upon closing, the two exploration licenses will be transferred into NSM Capital Sàrl, consistent with Steadright’s majority ownership position.

Increased Ownership in NSM Capital Sàrl

Steadright previously entered into a Shareholder Agreement with Critical Foundation Metals Inc. (CFM) granting the Company the right to acquire up to 5% of NSM Capital Sàrl for total consideration of $1,000,000 CAD, as publicly disclosed on September 25, 2025.

The Board has approved the issuance of:

• 2,500,000 common shares to Critical Foundation Metals Inc. at a deemed price of $0.12 CAD per share as partial consideration under the Shareholder Agreement. The additional Steadright common shares are valued at $300,000 CAD. This issuance to CFM allows Steadright to acquire a further 1.5% interest in NSM. 

Following these transactions, Steadright’s total investment interest in NSM Capital Sarl will increase to 76.5%.

Under the Definitive Agreement, Steadright also retains the right to purchase an additional 3.5% interest in NSM from CFM for $700,000 CAD, further strengthening the Company’s long‑term strategic position in Morocco’s critical minerals sector.

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 and historical mining projects that can be brought into production within the Moroccan critical mineral space. Steadright currently has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq KMs of mineral exploration claims called the TitanBeach Titanium Project, along with the Copper Valley Project. Steadright has also has a binding MOU for the historic Goundafa Mine within the Kingdom of Morocco.

ON BEHALF OF THE BOARD OF DIRECTORS

For further information, please contact:

Simon Chapelle
Director
Steadright Critical Minerals Inc.

Email: enquires@steadright.ca enquiries@steadright.ca

Tel: 1-905-410-0587
Website and Deck:  www.steadright.ca

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.

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information in this release includes, but is not limited to, statements regarding the completion and size of the QCFT Unit Offering, the expected use of proceeds, the potential payment of finder's fees, the receipt of all necessary regulatory approvals, and the Company's business plans and exploration objectives. Forward-looking information is subject to known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Steadright to be materially different from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: the risk that the QCFT Unit Offering may not be completed or may not be completed on the terms described herein; the use of proceeds may differ from management’s current expectations; the risk that regulatory approvals may not be received in a timely manner, or at all; risks related to the junior mining and exploration industry generally; fluctuations in commodity prices; access to financing on acceptable terms; general economic, market and business conditions; and changes in laws and regulations. Although Steadright has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Forward-looking information contained herein is based on management’s current expectations, estimates, projections, assumptions and beliefs, and is provided as of the date of this news release. Steadright does not undertake to update any forward-looking information, except as required by applicable securities laws.

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.‎

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