August 5th, 2025 – TheNewswire - Muskoka, Ontario – Steadright Critical Minerals Inc. (CSE::SCM) (“Steadright” or the “Company”) is pleased to announce that several companies have expressed interest in potential offtake agreements regarding the TitanBeach Titanium Project (the “TitanBeach Project”).

 

With the TitanBeach Project Preliminary Economic Assessment (the “PEA”) report that is currently on-going, along with results and metallurgy expected in the coming weeks from the TitanBeach Project TitanBeach 1 mineral concession, Steadright is already receiving considerable interest from several groups regarding offtake agreements .  One of such group’s expressing interest in an offtake agreement is the Socomis Group.  The Socomis Group is a Moroccan entity established in 1958 that specializes in Mineral Marketing.

 

Steadright is the purchasing party in a binding LOI to earn up to 80% of the TitanBeach Project.  Pursuant to the LOI, definitive agreements are required to be executed between Steadright and the vendors of the TitanBeach Property by September 30th, 2025, .  A fulsome description of the LOI and its terms are outlined in Steadright’s press release of June 18, 2025.  

 

Steadright CEO, Matt Lewis states, ”With the fast pace the TitanBeach Project is progressing at, it’s smart business to now make use of the interest shown to us by offtakers. With the Company speaking directly with companies on potential offtake agreements, it will be easier to both secure financing and manage risk.

 

Steadright has retained Canadian, Quebec-based firm, ABG Exploration Inc. to complete the PEA to determine the early-stage assessment of the mining project initial viability. The PEA is anticipated to be finalized by mid-September 2025.  

 

Titanium Dioxide (TiO2). Titanium Dioxide is classified as a Critical and Strategic Mineral in the U.S., Canada, Europe, and a significant amount of the world’s other countries. And with only a few of the world’s suppliers dominating the market, TiO2 is in strong demand. 

 

Qualified Person

 

Mr. Robert Palkovits, P. Geo, a consultant to Steadright, who is a qualified person (“QP”) under the National Instrument 43-101 – Standards of Disclosure of Mineral Projects has reviewed and approved the scientific and technical information in this press release.

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 projects that can be brought into production within the critical mineral space. Steadright currently is renegotiating an option on its RAM property near Port Cartier, Quebec within the Côte-Nord Region, which is accessible by Route 138. The RAM project is comprised of over 13,000 acres and located on an Anorthositic complex that is in a highly prospective geological unit and historically been under explored for Ni, Cu, Co and precious metals.

ON BEHALF OF THE BOARD OF DIRECTORS

For further information, please contact:

Matt Lewis

CEO & Director

Steadright Critical Minerals Inc.

 

Email: info@steadright.ca

Website: www.steadright.ca

Phone: 1-905-410-0587

 

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.

Forward-looking information is subject to known and unknown risks, ‎uncertainties and other factors which may cause the actual results, level of activity, performance or ‎achievements of Steadright to be materially different from those expressed or implied by such forward-‎looking information. Such risks and other factors may include, but are not limited to: there is no ‎certainty that the ongoing programs will result in significant or successful ‎exploration and ‎development of Steadright’s properties; uncertainty as to ‎the actual results of exploration and ‎development or operational activities; uncertainty as to the availability and terms of ‎future financing on ‎acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; ‎general business, economic, competitive, political and social uncertainties; capital market conditions ‎and market prices for securities, junior market securities and mining exploration company securities; ‎commodity prices; the actual results of current exploration and development or operational activities; ‎competition; changes in project parameters as plans continue to be refined; accidents and other risks ‎inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory ‎approvals; changes in legislation, including environmental legislation or income tax legislation, affecting ‎Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key ‎individuals.

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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