Supreme Critical Metals Inc. Announces Update to Debt Settlements
By:
ACCESS Newswire
March 19, 2025 at 16:05 PM EDT
VANCOUVER, BC / ACCESS Newswire / March 19, 2025 / Supreme Critical Metals Inc. (CSE:CRIT)(FWB:VR61)(OTC PINK:VRCFF) ("Supreme" or the "Company") announces that further to its previous announcement regarding the debt settlement agreements, the Company has amended the issue price per share to $0.13. The Company will issue a total of 5,749,169 common shares at a price of $.13 per share for a total of debt repayment of $747,392, subject to 4 month restricted hold and subject to exchange approval. Related parties transactions account for 1,190,769 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 More
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