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Canadian Critical Minerals Inc. Grants Options

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Canadian Critical Minerals Inc. grants 11 million incentive stock options at $0.05 per share.
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  • CCMI grants 11 million incentive stock options to directors, officers, employees, and consultants.
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Calgary, Alberta--(Newsfile Corp. - July 20, 2023) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") announces that, pursuant to its stock option plan, it has granted 11,000,000 incentive stock options at an exercise price of $0.05 per share and an expiry date of three years from the date of issue to certain directors, officers, employees and consultants of the Company.

About Canadian Critical Minerals Inc.

CCMI is a mining company primarily focused on two near-term copper production assets in Canada. CCMI's main asset is the 100% owned Bull River Mine project (>135 million lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI's latest acquisition is the 100% owned Thierry Mine project (>1.3 billion lbs of copper) near Pickle Lake, Ontario which has a Mineral Resource containing copper, nickel, silver, palladium, platinum and gold.

Contact Information
Canadian Critical Minerals Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@canadiancriticalmineralsinc.com
Website: www.canadiancriticalmineralsinc.com

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks.

Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/174250

FAQ

What is the news about Canadian Critical Minerals Inc.?

Canadian Critical Minerals Inc. has granted 11 million incentive stock options.

How many stock options were granted?

11 million stock options were granted.

What is the exercise price of the stock options?

The exercise price is $0.05 per share.

Who are the recipients of the stock options?

The stock options were granted to certain directors, officers, employees, and consultants of the Company.

What is the expiry date of the stock options?

The stock options expire three years from the date of issue.

CANADIAN CRITICAL MNRLS

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