Calgary, Alberta–(Newsfile Corp. – November 18, 2024) – Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) (“CCMI” or the “Company“) has entered into an agreement with an arm’s length vendor to settle $250,000 of accounts payable through the issuance of 5,000,000 units, with each unit comprised of one common share of the Company and one-half of one warrant, with each full warrant exercisable into a common share at an exercise price of $0.075 per share for two years.
The debt settlement is subject to approval by the TSX Venture Exchange. The shares and warrants will be subject to a statutory hold period of four months and one day after the closing of the debt settlement.
About Canadian Critical Minerals Inc.
CCMI is a mining company primarily focused on two near-term copper production assets in Canada. CCMI’s main asset is the 100% owned Bull River Mine project (>135 million lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI also owns a 30% interest in the Thierry Mine project (>1.3 billion lbs of copper) near Pickle Lake, Ontario which has a Mineral Resource containing copper, nickel, silver, palladium, platinum and gold.
Contact Information
Canadian Critical Minerals Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@canadiancriticalmineralsinc.com
Website: www.canadiancriticalmineralsinc.com
