Supreme Critical Metals Inc. Announces Debt Settlements
By:
ACCESS Newswire
March 18, 2025 at 18:45 PM EDT
VANCOUVER, BC / ACCESS Newswire / March 18, 2025 / Supreme Critical Metals Inc. (CSE:CRIT)(FWB:VR61)(OTC PINK:VRCFF) ("Supreme" or the "Company") announces the Company and third parties have reached debt settlement agreements whereby the Company will issue 7,473,920 common shares at a price of $.10 per share for a total of $747,392, subject to 4 month restricted hold and subject to exchange approval. Related parties transactions account for 1,548,000 of the shares to be issued to 4 directors and officers, making this a related party transaction. The Company is relying upon exemptions contained in sections 5.5(a) and 5.7 (a) of MI 61-101 as the fair market value of the shares being issued is less than 25% of the market capitalization of the Company. About Supreme Critical Metals Inc. For further information, please contact: Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements SOURCE: Supreme Critical Metals Inc. View the original press release on ACCESS Newswire More NewsView MoreVia MarketBeat
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