American Critical Minerals Corp. has amended the pricing terms of its proposed non-brokered private placement to raise up to $2 million through the sale of up to 10 million units at $0.20 per unit.

Under the revised financing structure, each unit consists of one common share and one full common share purchase warrant. The warrants are exercisable at $0.35 for a period of three years. Net proceeds generated from the offering will strengthen the company's treasury, provide general working capital, and support drilling operations at the Green River Project.

Completion of the private placement remains conditional upon customary closing conditions, including the receipt of all necessary regulatory approvals. All securities issued under the offering will be subject to a four-month-and-one-day resale restriction in accordance with applicable securities laws. The company may also pay finders' fees to eligible parties who assist in introducing subscribers to the financing.

The Green River Project covers approximately 32,530 acres within Utah's Paradox Basin. American Critical Minerals holds a 100% interest across this landholding, which comprises eleven SITLA mineral and mineral salt leases, 1,094 federal lithium brine claims, and eleven federal potash prospecting permits.

Preparations for the upcoming campaign include engaging RESPEC Company LLC to manage its 2026 drill program and contracting J.A. Drake Well Service, Inc. to drill the Duma Point AP-S-02 well. Drilling operations at the well are expected to take approximately 35 days to complete.

Read the full announcement: American Critical Minerals Announces Repricing of Private Placement