Stillwater Critical Minerals is pleased to announce that is has commenced a non-brokered private placement offering of up to 17,857,143 units of the Company, at a price of $0.14 per unit, for gross proceeds of up to approximately $2.5 million . Glencore Canada Corporation , a wholly-owned subsidiary of
Glencore plc, has agreed to purchase 15 million units of Stillwater pursuant to the Placement, for gross proceeds of $2.1 million. Each unit under the Placement is comprised of one common share and one half of one common share purchase warrant, with each full warrant entitling the holder to purchase one common share at an exercise price of $0.21, providing up to approximately $1.875 million additional funding, if exercised in full. The warrants shall be exercisable for three ye...