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Critical Elements Lithium Corporation (CRECF) develops lithium-tantalum mineral projects in Québec, with recurring updates centered on the Rose West Discovery and the Rose Lithium-Tantalum Project in Eeyou Istchee.
Company news includes drill program starts and assay updates, spodumene-bearing pegmatite intersections, lithium and tantalum results, changes to interpreted mineralized footprints, and exploration planning. Other releases cover shareholder meeting results, board and governance matters, investor relations arrangements, and completed equity or flow-through share financings used for Québec exploration programs and working capital.
Critical Elements (OTCQX:CRECF) reported final assays from its Winter 2026 Phase 1 drilling at the 100%-owned Rose West lithium-tantalum project in Quebec.
The program expanded the mineralized footprint to about 1,250 m x 800 m and confirmed multiple near-surface spodumene-bearing pegmatites, including new Pegmatite 5 and 7, with intercepts such as 1.73% Li2O over 15.60 m and 2.28% Li2O with 2,796 ppm Ta2O5 and 0.40% Cs2O over 1.20 m.
Nineteen holes totaling 4,037.75 m were completed, demonstrating lateral continuity of mineralization. A follow-up Summer 2026 drill program is being prepared.
Critical Elements (OTCQX:CRECF) reports Phase 1 Winter 2026 drilling at Rose West has expanded the spodumene-rich footprint from 450 x 370 m to 1,250 x 800 m, with typical pegmatite thicknesses of 10–40 m and strong lateral continuity.
Assays include 1.51% Li2O over 18.50 m (including 2.49% Li2O over 9.60 m) in Pegmatite 5 and 1.19% Li2O over 14.50 m in Pegmatite 3. Nineteen holes (4,037.75 m) drilled to date; assays pending for several holes. A technical webinar is scheduled for May 6, 2026.
Critical Elements (OTCQX:CRECF) reported Phase 1 Winter 2026 drill results at Rose West, expanding the interpreted spodumene-rich footprint from 450 x 370 m to 1,250 x 800 m. Pegmatites typically show 10–40 m thickness and strong lateral continuity. Assays include multiple high-grade intervals (examples: 1.89% Li2O over 13.50 m, 2.18% Li2O over 12.60 m, 1.13% Li2O over 12.90 m). Three new spodumene-bearing pegmatite bodies (including Pegmatite 5 and Pegmatite 7) were identified. Nineteen holes (4,037.75 m) completed; roughly two-thirds of assays returned, with remaining results pending.
Critical Elements (OTCQX:CRECF) announced the passing of director Marc Simpson on April 24, 2026, after a brief illness. He served on the board since March 2013 and had a 35-year career as a geologist and exploration executive.
The company extended condolences and offered support to Mr. Simpson's family and colleagues, highlighting his calm presence, wisdom, and contributions to the board.
Critical Elements (OTCQX:CRECF, TSXV:CRE) announced results from its Annual Meeting held April 22, 2026. Shareholders approved the election of nine directors and appointed Ernst & Young LLP as auditors. A total of 52,164,231 common shares were represented, equal to 22.48% of outstanding shares.
Critical Elements (OTCQX:CRECF) reports Phase 1 Winter 2026 drilling at Rose West has expanded the interpreted spodumene-bearing footprint to 1250 m x 800 m and completed 18 holes for 3,755 m.
Notable assays include 1.24% Li2O over 27.80 m (incl. 1.43% over 22.00 m) and 1.51% Li2O over 3.60 m; three new spodumene-bearing zones (Zones 5–7) were identified. Additional assays are pending ahead of a planned Summer 2026 drill campaign.
Critical Elements (OTCQX:CRECF) launched a 10,000-meter Phase 1 winter 2026 drill program at the 100% owned Rose West discovery in Eeyou Istchee, Québec. The program uses two rigs on a 100 m grid to expand a spodumene-bearing pegmatite footprint and target a potential resource estimate.
Rose West showed wide, near-surface lithium intercepts in 2024 (up to 1.43% Li2O over 24.95 m and 1.31% Li2O over 40.40 m); the program targets growth to ~950 m x 1,200 m Main Zone and an East Target Zone ~750 m x 600 m.
Critical Elements Lithium (TSX-V:CRE / OTCQX:CRECF) engaged investor relations firms Adelaide Capital and Oak Hill Financial and retained 6ix to expand its capital markets program supporting the Rose Lithium-Tantalum Project.
Adelaide will provide IR services for a $8,000 monthly fee on a 3-month term with automatic monthly renewal thereafter. Oak Hill’s agreement begins January 26, 2026 for an initial three months at $10,000 monthly (subject to TSX Venture Exchange approval). 6ix was engaged for six months at a $37,800 total fee to host live and on-demand investor webinars and analytics.
Critical Elements (OTC:CRECF) closed a bought-deal private placement on December 5, 2025 raising gross proceeds of C$7,000,000.20, including the full exercise of the underwriter's option. The offering comprised 7,500,000 common shares at C$0.40 (HD Shares) and 6,666,667 flow-through shares at C$0.60 (FT Shares).
The company intends to use net proceeds to fund exploration at its Rose West block and Nemaska Belt properties in Québec, plus general working capital. FT proceeds will fund qualifying Canadian exploration expenses to be incurred by December 31, 2026 and renounced effective December 31, 2025. Red Cloud acted as sole underwriter and received C$420,000.01 plus 850,000 broker warrants exercisable at C$0.40 until December 5, 2027.
Critical Elements (TSXV:CRECF) entered a bought deal private placement to raise approximately C$6.0 million via 5,000,000 common shares at C$0.40 and 6,666,667 flow-through common shares at C$0.60.
The underwriters have a C$1.0 million option exercisable up to 48 hours before closing; the company may include a President's List for up to C$500,000. Closing is scheduled for December 5, 2025, subject to TSXV approval. Net proceeds target exploration at the Rose West block of the Rose Lithium-Tantalum Property and Nemaska Belt properties in Québec, plus general working capital.
Flow-through proceeds must be spent on qualifying expenditures by December 31, 2026 with renunciation effective December 31, 2025. Offered Shares are being sold under Canadian prospectus exemptions and are not registered for general U.S. sale.