American Critical Minerals reprices private placement
Key facts
- C$2M PP
- C$0.2/unit
- +1 wt @ C$0.35
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESS Newswire / August 27, 2026 / American Critical Minerals Corp. ("American Critical Minerals" or the "Company") (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) announces it is repricing its proposed non-brokered private placement (the "Offering"). Pursuant to the amended pricing, the Company proposes to raise up to $2,000,000 through the sale of up to 10,000,000 units (each a "Unit") at a price of $0.20 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant exercisable at a price of $0.35 for a period of three years.
The net proceeds from the Offering will strengthen the Company's treasury and will be used to support drilling operations at the Company's Green River Project and working capital purposes.
The Company may pay finders' fees to eligible parties who have assisted in introducing subscribers to the Offering. Closing of the Offering remains subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals. All securities issued in connection with the Offering will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws.
This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.
On behalf of the Board of Directors
Dean Pekeski, President & CEO
About American Critical Minerals' Green River Potash and Lithium Project
The Green River Project is situated within Utah's highly productive Paradox Basin, located 20 miles northwest of Moab, Utah. It has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns, and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to be one of the biggest sources of lithium brines in the United States. (Source:AnsonFastmarketsPresentation- ).*
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