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Stillwater Critical Minerals raises C$10M to explore its Montana nickel, platinum, and cobalt project, with closing expected Dec. 30, 2025.
Stillwater Critical Minerals Corp. is raising C$10 million through a private placement offering 21.74 million units at C$0.46 each, with an additional C$2 million available via an over-allotment option.
Each unit includes one share and half a warrant exercisable at C$0.64 within 36 months.
Proceeds will fund exploration of its Montana-based Stillwater West Ni-PGE-Cu-Co+Au project, along with general corporate needs.
The offering, led by Red Cloud Securities and Research Capital, is expected to close around December 30, 2025, pending regulatory approval.
Units are being sold under Canadian exemptions and private placement rules in the U.S. and offshore, but securities are not registered in the U.S. and cannot be offered there.
More details are available on SEDAR+ and the company’s website.
Stillwater Critical Minerals recauda C$10M para explorar su proyecto de níquel, platino y cobalto de Montana, con cierre previsto para el 30 de diciembre de 2025.