Stillwater Expands Private Placement Financing Again

Stillwater Critical Minerals has announced a further increase to its non-brokered private placement financing. Due to heightened demand, an additional 210,038 units will be issued at C$0.23 per unit, raising an extra C$43,308.74. This brings the total to 1,856,418 units and C$426,976.14 in aggregate proceeds. Each unit includes one common share and half a share purchase warrant, with each warrant allowing the purchase of a share at C$0.34 over 36 months.

This follows the C$7 million brokered LIFE offering and anticipates participation from Glencore Canada Corporation. Glencore plans to purchase 6 million units for C$1,380,000. Stillwater will file a report on the offerings, which are expected to close by August 12, 2025, subject to regulatory approvals.

Funds raised will support exploration of Stillwater's projects in Montana and Yukon, and for general corporate purposes.