American Marconi Wireless News - Core Critical Metals Corp. Announces Non-Brokered LIFE Offering and Concurrent Private Placement

Concurrent with the Offering, the Company also intends to complete a private placement offering (the "Concurrent Private Placement") of units (the "Private Placement Units") at a price of $0.50 per Private Placement Unit for gross proceeds of up to $1,500,000. The Private Placement Units will consist of one Common Share (a "Private Placement Unit Share") and one Common Share purchase warrant (each a "Private Placement Warrant"), with each Private Placement Warrant entitling the holder thereof to acquire one Common Share (a "Private Placement Warrant Share") at a price per Private Placement Warrant Share of $0.75 for a period of 24 months from the date of issuance.

All securities issued under the Concurrent Private Placement, including any shares issuable upon exercise of the Private Placement Warrants, will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws and the policies of the TSX Venture Exchange (the "TSXV").

The Company intends to use the net proceeds raised from the Offering and Concurrent Private Placement for general corporate and administrative purposes and exploration at its properties.

Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106 and the policies of the TSXV, the Units issuable under the Offering will be offered for sale to purchasers resident in Canada pursuant to the Listed Issuer Financing Exemption and will not be subject to resale restrictions in accordance with applicable Canadian securities laws. The securities issued under the Concurrent Private Placement will be subject to a statutory hold period of four months following the closing of the Concurrent Private Placement, pursuant to applicable securities law.

There is an offering document dated March 17, 2026, related to the Offering that can be accessed under the Company's profile at www.sedarplus.com. Prospective investors should read this offering document before making an investment decision.

The closing of the Offering and Concurrent Private Placement will take place such date as the Company may determine. Closing of the Offering and Concurrent Private Placement is subject to certain conditions including, but not limited to, receipt of all necessary regulatory and exchange approvals. Closing of the Offering is not conditional upon closing of the Concurrent Private Placement.

Finder's fees may be payable in connection with the Offering and Concurrent Private Placement to eligible finders in accordance with the policies of the TSXV.

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 U.S. state securities laws, and may not be offered or sold in the "United States" (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable U.S. state securities laws or an exemption from such registration is available. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Core Critical Metals Corp.

Core Critical Metals Corp. is a North American mineral acquisition and exploration company focused on the development of quality critical metal properties that are drill-ready with high-upside and expansion potential.

CORE CRITICAL METALS CORP.

Deepak Varshney, CEO and Director

For more information, please call 778-899-1780, email [email protected] or visit www.xanderresources.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements:

This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements in this release include, but are not limited to, statements regarding the terms, timing, and completion of the Offering and Concurrent Private Placement, the anticipated use of proceeds, receipt of regulatory and stock exchange approvals, and the Company's future plans, objectives, and exploration activities. Forward-looking statements are based on the reasonable assumptions, estimates, and opinions of management as of the date such statements are made and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks related to the Company's ability to complete the Offering and Concurrent Private Placement on the terms described herein or at all, the receipt of necessary regulatory and exchange approvals, fluctuations in market conditions, volatility in equity and capital markets, the speculative nature of mineral exploration and development, environmental risks, reliance on key personnel, and changes in laws and regulations. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events may differ materially from those anticipated. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements contained herein to reflect events or circumstances after the date hereof.

SOURCE: Core Critical Metals Corp.

View the original press release on ACCESS Newswire

M.Fischer--AMWN