Stillwater - PGEZF STOCK NEWS

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.

Stillwater Critical Minerals has filed an Early Warning Report regarding its holdings of 15,350,000 common shares in Heritage Mining, representing 13.3% ownership. The company also holds 3,000,000 share purchase warrants, potentially increasing ownership to 15.5% if exercised.

These securities were issued as part of an Earn-In Agreement for the Drayton-Black Lake gold project, where Heritage has completed requirements for a 51% earn-in by issuing shares and warrants, making cash payments totaling $170,000, and completing $2.5M in exploration work.

Heritage can increase ownership to 90% by issuing an additional 1.1 million shares and completing $2.5M more in exploration work before the fifth anniversary. Stillwater will retain a 10% free carried interest and NSR royalty, plus a discovery payment of $1.00 per ounce of gold (capped at $10M). The agreement includes provisions for a Joint Venture formation and minimum annual exploration expenditures of $500,000.

CEO.CA Technologies , a subsidiary of EarthLabs, Inc., featured an exclusive interview with Michael Rowley, CEO of Stillwater Critical Minerals (TSXV: PGE) (OTCQB: PGEZF), as part of their 'Inside the Boardroom' series. The interview focused on Stillwater's mining assets in Montana.

CEO.CA, founded in 2012, operates as one of Canada's most popular free financial websites and apps, attracting millions of visitors annually. The platform serves as an investor social network specializing in junior resource and venture stocks, offering users the ability to connect with global investors and share knowledge about stocks, commodities, and emerging companies.

Stillwater Critical Minerals (PGEZF) has provided an update on its U.S. government grant funding applications, highlighting its strategic position in strengthening domestic critical mineral supply chains. The company's flagship Stillwater West project in Montana hosts nine metals listed as critical in the U.S., including the largest nickel resource in an active U.S. mining jurisdiction.

In 2024, the company submitted a comprehensive white paper and applied for funding under the Defense Industrial Base Consortium. Stillwater has already secured US$2.75 million in total grant funding from the Department of Energy's ARPA-E program. The company also received a second investment from Glencore, who joined their board of directors.

The project is positioned adjacent to Sibanye-Stillwater's operating mines and contains substantial inventories of copper, cobalt, palladium, platinum, rhodium, and chromium, along with unquantified amounts of ruthenium and iridium.

CEO.CA, a leading investor social network for junior resource stocks, featured an interview with Michael Rowley, CEO of Stillwater Critical Minerals, discussing their latest drill results from Stillwater West. The highlight of the results includes findings of up to 1.13 g/t rhodium. The interview was part of CEO.CA's 'Inside the Boardroom' series, which provides insights from industry leaders in the junior mining sector.

Stillwater Critical Minerals announced rhodium assay results from resource expansion drilling at its Stillwater West PGE-Ni-Cu-Co + Au project in Montana. Key highlights include 1.13 g/t Rh over 1.2 meters and 0.162 g/t Rh over 3.7 meters. Results are expected to expand upon the 115,000 ounces of rhodium defined in the January 2023 Mineral Resource Estimate. The project, adjacent to Sibanye-Stillwater's operations, shows potential for significant polymetallic mineralization across a 9.5-kilometer-long area. Recent rhodium prices averaged USD 6,500/oz over two years, making it five times more valuable than palladium or platinum.

Stillwater Critical Minerals has amended its Option Agreement with Heritage Mining regarding the Drayton-Black Lake gold project. The key changes include extending Heritage's deadline to incur $1,000,000 in exploration expenditures to January 25, 2025, and extending the deadline for $5,000,000 in aggregate qualifying expenditures to the fifth anniversary. In exchange, Heritage will issue 3 million units, each comprising one common share and one warrant exercisable at $0.10 for 36 months. The agreement maintains Stillwater's 10% free carried interest and includes provisions for discovery payments capped at $10 million.

Stillwater Critical Minerals (TSX.V:PGE, OTCQB:PGEZF) has entered into a Letter of Intent with Granite Creek Copper for the sale of a 90% interest in the Duke Island Cu-Ni-PGE project in Alaska. The transaction will be structured as a non-arm's length, all-share deal. The project features nickel, copper, and platinum group element mineralization, along with potential for carbon sequestration and geologic hydrogen generation. Stillwater will maintain its focus on its flagship Stillwater West project in Montana's Stillwater mining district, aiming to become a key player in the US critical mineral supply chain.

Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) has been invited to present at the Emerging Growth Conference on October 30th, 2024. This live, interactive online event will allow shareholders and investors to engage directly with the company's President & CEO, Michael Rowley.

The presentation is scheduled to begin at 3:00pm ET. Mr. Rowley will provide an update on the company and its flagship Stillwater West Ni-PGE-Cu-Co + Au project in Montana, USA, followed by a Q&A session. Participants can submit questions in advance to Questions@EmergingGrowth.com or ask them during the event.

To attend, interested parties need to register through the provided link. An archived webcast will be available on EmergingGrowth.com and the Emerging Growth YouTube Channel after the event.