on Victory Battery Metals Corp. (isin : CA92647B2003)
Supreme Critical Metals Inc. Updates on Project and Financial Actions
Supreme Critical Metals Inc. (CSE:CRIT) has announced it will not renew the Smokey Lithium Project claims following an analysis of recent drilling results. Consequently, the company will impair these exploration and evaluation assets. This decision marks a significant shift in their resource management strategy.
Additionally, Supreme Critical Metals has entered debt settlement agreements with third parties. The company plans to issue 1,250,000 common shares at $0.12 each, totaling $150,000. This move aims to settle existing debts, pending approval.
Furthermore, the company has cancelled 170,000 stock options. This decision was based on the options no longer aligning with shareholder interests.
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