sur American Potash Corp. (CVE:KCL)
American Critical Minerals Completes Warrant Exercise Incentive Program
American Critical Minerals Corp., a Canadian mineral company, announced the completion of its warrant exercise incentive program, raising $1,185,000. The program involved the exercise of 4,740,000 common share purchase warrants. Proceeds will support the company's treasury and the advancement of its Green River Project.
The program offered investors an additional common share purchase warrant for each exercised warrant by June 28, 2026. New warrants are exercisable at $0.35 per share until June 2029. Unexercised warrants remain valid on previous terms without new incentives.
The Green River Project, in Utah’s Paradox Basin, targets potash and lithium exploration. Proximity to infrastructure and other mineral producers offers logistical advantages. Estimated exploration targets include up to 950 million tonnes of sylvinite and significant lithium resources.
R. P.
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