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American Critical Minerals Extends Warrant Exercise Incentive Program
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American Critical Minerals Extends Warrant Exercise Incentive Program
VANCOUVER, BC / ACCESS Newswire / August 5, 2025 / American Critical Minerals Corp. ("American Critical Minerals" or the"Company") (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) announces that it has extended the deadline for completion of its warrant exercise incentive program (the "Program"). The Program is intended to encourage the early exercise of up to 4,620,800 warrants (the "Warrants") previously issued in connection with a private placement and which are currently exercisable at a price of $0.1875 per share. To address ongoing interest and to allow additional time for the completion of documentation, the Company has elected to extend the deadline for the Program until August 15, 2025 (the "Program End Date").
Under the Program, the Company is offering an inducement to each holder of the Warrants that exercises on or before the Program End Date. Holders exercising Warrants on or before the Program End Date will be entitled to receive one additional warrant (the "New Warrant") for each share subscribed for. Each New Warrant will be exercisable at a price of $0.28 until August 6, 2027. The proceeds from the 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.
Holders of the Warrants are encouraged to contact the Company to coordinate exercise prior to the Program End Date.
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 future confirmation drilling and its intended outcomes and the intended use of proceeds from the oversubscribed financing. 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
(W.Williams--TAG)
