American Critical Minerals Announces Completion of Warrant Exercise Incentive Program
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American Critical Minerals Announces Completion of Warrant Exercise Incentive Program
VANCOUVER, BC / ACCESS Newswire / August 22, 2025 / American Critical Minerals Corp. ("American Critical Minerals" or the "Company") (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) is pleased to announce that, further to its news releases of July 22, 2025 and August 5, 2025, it has completed its warrant exercise incentive program (the "Incentive Program") and received proceeds totaling $532,500 through the exercise of 2,840,000 common share purchase warrants (the "Eligible Warrants"). The proceeds from the Incentive Program will strengthen the Company's treasury and will be used for working capital purposes and the advancement of the Company's Green River Project.
Pursuant to the Incentive Program, the Company offered to issue to each holder of unexercised Eligible Warrants, which are exercisable at a price of $0.1875 per common share (each, a "Share"), the issuance of one additional common share purchase warrant for every Eligible Warrant exercised (each an "Incentive Warrant") on or before the exercise deadline of August 15, 2025 (the "Exercise Deadline"). The Incentive Warrants are exercisable at a price of $0.28 per Share until August 6, 2027.
Any Eligible Warrants not exercised before the Exercise Deadline will remain valid until the original expiry date of November 23, 2026 at the original exercise price of $0.1875 per Share.
On behalf of the Board of Directors
Simon Clarke, President & CEO
Contact: (604)-551-9665
Cautionary Statements Regarding Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the intended use of proceeds from the Incentive Program. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and information.
SOURCE: American Critical Minerals Corp.
View the original press release on ACCESS Newswire
M.King--AT
