Stillwater Stock Price, News & Analysis

Stillwater Critical Minerals (OTCQB:PGEZF) has closed the first tranche of its brokered private placement, raising C$3.5 million through the sale of 15,126,802 units at C$0.23 per unit. Each unit includes one common share and half a warrant, with each full warrant exercisable at C$0.34 until June 25, 2028.

Red Cloud Securities acted as sole agent, receiving C$241,493.20 in cash fees and 714,840 broker warrants. The proceeds will primarily fund exploration at the company's flagship Stillwater West Ni-PGE-Cu-Co+Au project in Montana and the Kluane critical minerals project in Yukon. Glencore Canada Corporation plans to exercise its pro-rata rights in the offering, with final tranche closure expected by June 30, 2025.

Stillwater Critical Minerals has initiated its 2025 drilling program at the Stillwater West Ni-PGE-Cu-Co + Au project in Montana, partnering with Energold Drilling. The program follows a successful 2024 MobileMT geophysical survey that revealed multiple multi-kilometer-scale conductive targets, doubling the 3D geological model from 9.5 to over 20 kilometers. The campaign, developed in collaboration with Glencore through the Stillwater West Technical Committee, aims to expand drill-defined polymetallic sulphide mineralization. Stillwater holds the largest nickel-platinum group element resource in an active U.S. mining district, based on a January 2023 NI 43-101 resource estimate. The company is strategically positioned to advance critical mineral supply in the historic Stillwater mining district, drawing parallels to South Africa's Platreef district mines.

Stillwater Critical Minerals (PGEZF) has announced a brokered private placement offering to raise up to C$6 million through the sale of up to 26,086,956 units at C$0.23 per unit. Each unit includes one common share and half a warrant, with each full warrant exercisable at C$0.34 for 36 months. Red Cloud Securities will act as sole agent, with an option to sell additional units for up to C$1 million. Glencore Canada Corporation plans to participate in the offering. Proceeds will fund exploration of the company's Stillwater West Ni-PGE-Cu-Co+Au project in Montana and general corporate purposes. The offering is expected to close around June 25, 2025, subject to regulatory approvals.

Stillwater Critical Minerals (OTCQB: PGEZF) has announced its participation in THE Mining Investment Event of the North in Quebec City from June 3-5, 2025. The company will present its flagship Stillwater West polymetallic critical minerals project in Montana's historic Stillwater mining district.

The project, strategically positioned adjacent to Sibanye-Stillwater's producing operations, is developing as a potential major source of ten critical commodities designated by the U.S. government, including platinum, palladium, rhodium, gold, nickel, copper, cobalt, chromium, iridium, and ruthenium. Management will be available for one-on-one meetings to discuss upcoming catalysts, including government initiatives and planned exploration campaigns previously announced on March 26, 2025.

Stillwater Critical Minerals (OTCQB:PGEZF) has announced the grant of 2,940,000 stock options and restricted share units to company directors and officers under its Long-Term Performance Incentive Plan (LTIP).

The options and RSUs are exercisable at $0.16 per share, based on the five-day moving average volume weighted price as of April 17, 2025. The options will vest over a five-year period, while the RSUs will vest after one year.

The company also announced upcoming participation in several industry events throughout 2025, including the Global Commodity Expo in Florida and Atlanta, The Mining Investment Event of the North in Quebec, and Precious Metals Summits in Beaver Creek and Zurich.

Stillwater Critical Minerals (PGEZF) has reported significant findings from their 2024 property-wide MobileMTm magneto-telluric geophysical survey at the Stillwater West Ni-PGE-Cu-Co + Au project in Montana. The survey revealed multiple large-scale magmatic sulphide targets and expanded their 3D geological model from 9.5 to 20 kilometers.

Key highlights include:

• Discovery of multiple multi-kilometer-scale resistivity lows and conductive highs
• Confirmation of polymetallic sulphide-rich Platreef-style mineralization across wide project areas
• Development of priority drill targets focusing on mid- and high-grade mineralization expansion

The company's current Inferred Mineral Resources stand at 1.6 billion pounds of nickel, copper and cobalt (1.1 Blbs Ni, 0.5 Blbs Cu, 0.09 Blbs Co), plus 3.8 million ounces of palladium, platinum, rhodium, and gold. The project spans 61 square kilometers with approximately 34 kilometers of strike within the Stillwater Igneous Complex.

Stillwater Critical Minerals welcomes a new Executive Order signed by President Trump on March 20, 2025, aimed at accelerating domestic mineral production in the USA. The order invokes emergency powers through the Defense Production Act to prioritize production of critical minerals and reduce import dependence.

The initiative includes funding for domestic mining projects, accelerated permitting, and Mining Act clarifications, overseen by David Copley from Newmont Mining through the National Energy Dominance Council. Stillwater's Stillwater West project in Montana is positioned to become a primary source of nine critical minerals, including the largest nickel project in an active U.S. mining district, along with palladium, platinum, rhodium, chromium, cobalt, copper, and gold.

The company has secured $2.75 million in Department of Energy funding through collaborations with Cornell University and Lawrence Berkeley National Laboratory, and maintains a seven-year partnership with the U.S. Geological Survey.

Stillwater Critical Minerals (TSXV:PGE)(OTCQB:PGEZF) has closed a second non-brokered private placement financing, raising an additional $500,001 through the issuance of 3,333,340 flow-through units at $0.15 per unit. Each unit includes one flow-through share and one-half of a transferable non-flow-through warrant, with each full warrant allowing purchase of one common share at $0.225 for 24 months.

The proceeds will fund Canadian exploration expenses qualifying as "flow-through critical mineral mining expenditures" at the Kluane critical minerals project in Yukon. Planned work includes ground geological programs, potential geophysical surveys, and data compilation to identify drill targets. The company is also finalizing exploration and resource expansion drill plans for 2025 at its flagship Stillwater West project in collaboration with Glencore via a technical committee.

The private placement remains subject to final TSX Venture Exchange approval.

Stillwater Critical Minerals (TSXV:PGE)(OTCQB:PGEZF) has completed a non-brokered private placement, raising $375,010 through the issuance of 2,500,066 flow-through units at $0.15 per unit. Each unit includes one flow-through share and half a warrant, with full warrants exercisable at $0.225 per share for 24 months.

The warrants include an acceleration clause triggered if the stock trades above $0.34 for 20 consecutive trading days. Company insiders participated by purchasing 201,000 units for $30,150. The proceeds will fund eligible Canadian exploration expenses qualifying as flow-through critical mineral mining expenditures.

The company paid $9,299 in commissions and issued 61,994 finder's warrants. All securities are subject to a four-month hold period and require final TSX-V approval.