(TheNewswire)
January 20th, 2026 TheNewswire – Muskoka – Ontario Steadright Critical Minerals Inc. (CSE: SCM,OTC:SCMNF) (‘Steadright’ or the ‘Company’), a resource exploration company focused on near-term production announces that the former property owner EMTF Sarl had applied for a Mining License and Environmental Permit on the ‘Copper Valley’ HISTORIC COPPER-LEAD-SILVER PROJECT that Steadright has just acquired. The licences applied for are for the exploration permit No. 3843143 that Steadright is putting into NSM Capital Sarl, a Moroccan-based company.
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Press released on January 8th, 2026 SCM.
Steadright consulted its Moroccan Geological team over the weekend and they are expecting within the next Month to receive the Mining License. NSM Capital Sarl management in Morocco have taken over this process and plan on closing it as soon as possible. Steadright has a 75% interest in the common shares of NSM through a shareholder agreement with Critical Foundation Metals Inc. (CFM), which owns 25%.
The Historical Goundafa Polymetallic Copper-Zinc-Lead-Silver-Gold Mine, with a conceptual model of 6.62 million tons with grades of 2.1% Zn, 1.8% Pb and 1.5% – 2.1% Copper and up to 3.5 g/t Gold (October 28th, 2025 press release) is moving forward with its news-released removal of the site’s mineralized stockpiles. Steadright will be starting the removal of the ‘Mineralized Stockpiles‘ at the end of April 2026.
The contract was signed with MoResCo Sarl for the purchase of up to 14,400 metric tons of mineralized stockpile. Recent weather at the Mine site has hampered efforts, but now a firm date for its commencement has been set.
Steadright CEO, Matt Lewis, states, ‘Steadright is a country play whose ‘North Star’ is the finding strong assets and moving them forward in a smart and rapid manner. We are very happy, both with the Copper Valley mining license application’s progress and the plans to get revenue from the historic Goundafa Mine’s mineralized stockpiles.’
ABOUT Steadright Critical Minerals INC.
Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused in 2025 on finding exploration and historical mining projects that can be brought into production within the Moroccan critical mineral space. Steadright currently has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq KMs of mineral exploration claims called the TitanBeach Titanium Project, and found in the Southern Provinces of Morocco. Steadright has also recently signed an MOU for the historic Goundafa Mine within the Kingdom of Morocco.
ON BEHALF OF THE BOARD OF DIRECTORS
For further information, please contact:
Matt Lewis
CEO & Director
Steadright Critical Minerals Inc.
Email: enquires@steadright.ca
Tel: 1-905-410-0587
www.steadright.ca
Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors which may cause the actual results, level of activity, performance or achievements of Steadright to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: there is no certainty that the ongoing programs will result in significant or successful exploration and development of Steadright’s properties; uncertainty as to the actual results of exploration and development or operational activities; uncertainty as to the availability and terms of future financing on acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; general business, economic, competitive, political and social uncertainties; capital market conditions and market prices for securities, junior market securities and mining exploration company securities; commodity prices; the actual results of current exploration and development or operational activities; competition; changes in project parameters as plans continue to be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation or income tax legislation, affecting Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.
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