VANCOUVER, BC / ACCESS Newswire / December 22, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the “Company“) (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) reports that as a result of a review of the British Columbia Securities Commission, the Company is issuing the following news release to clarify its disclosure.
On October 28, 2025, the Company voluntarily filed a technical report (the “Report“) under the Company’s profile at www.sedarplus.ca with respect to its Green River Potash and Lithium Project. The Company wishes to clarify that while the Report does provide updated information on the Green River Potash and Lithium Project, it does not contain a mineral resource estimate nor a target for further exploration prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“). Accordingly, the Company advises readers not to rely on the Report until such time as the Company has been able to re-file an amended technical report prepared in accordance with NI 43-101.
The scientific and technical information contained in this news release has been reviewed and approved by Dean Besserer, P.Geo., the Chief Operations Officer of the Company and a qualified person for the purposes of NI 43-101.
On behalf of the Board of Directors
Simon Clarke, President & CEO Contact: (604)-551-9665
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: statements with respect to the filing of an amended technical report.
Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking statements are based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements also involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A.
Forward-looking information contained herein are made as of the date of this news release and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / December 2, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the “Company“) (CSE:KCLI)(OTCQB:APCOF)(FRANKFURT:2P30) is pleased to provide an update on planning and preparations for its upcoming initial drill program at the Green River Potash and Lithium Project in Utah’s Paradox Basin.
Highlights:
After recently closing a Bought Deal Offering (including Full Exercise of the Underwriter’s Option) and Concurrent Non-Brokered Offering for aggregate gross proceeds of approximately $7,451,000, the Company is capitalized to pay final bonding and launch drilling;
With the appointment of Dean Pekeski and with the existing Technical and Advisory Team, the Company now has the inhouse expertise and technical capability to drill and develop this Project;
TheCompany has 3 Drill Holes within its State of Utah Potash Mineral Leases (“SITLA Leases“) which are fully permitted and bonded for drilling.
The Company has 4 drill holes, within its recently granted BLM Potash Exploration Licenses, which are authorized, subject to Bonding, under its approved Plan of Operations (With the US Government Shut Down now concluded, the final bonding process is underway and should be completed shortly);
Drill Target selection is complete based on recommendations from the Company’s Technical Team and the Company’s recently filed NI 43-101 Technical Report prepared by Agapito Associates;
Initial Drill Program (2-3 holes targeted) is designed to validate historic drill data and test, through coring and brine sampling, key Potash Horizons as well as Clastic Zones for Lithium and Bromine in the Paradox & Leadville Formations;
Initial Drill Program is also designed to position the Company to complete Maiden Resource Estimates (“MREs“) and Pre-Feasibility Studies (“PFS“) or Preliminary Economic Assessments (“PEA“) for Potash, Lithium and Bromine;
Drill Contractor evaluation and selection process is advancing to ensure execution of the appropriate and optimal drill program for validating historic oil and gas well data across the Project’s 32,530 acre land package; and
The Company is targeting Q1, 2026 for mobilization of site preparation and drilling.
Simon Clarke, President and CEO, stated: “With our recent financing closed and Dean Pekeski now on board as Senior Advisor, we are driving forward with our Phase 1 Drill Program. The detailed approach outlined in our recently filed 43-101 Technical Report provides a clear roadmap for confirming the historic data from 22 oil and gas wells within and adjacent to our Project. This will enable Maiden Resource Estimates and Pre-Feasibility Studies / Preliminary Economic Assessments for Potash, Lithium and Bromine, thereby confirming that nearby potash production and lithium pilot operations are indeed evidence of the potential of our Project.
We are taking the time to ensure that we have the right contractors, equipment specifications, and operational plans in place to execute this key program as efficiently and safely as possible while optimizing results. Our focus is on delivering high-quality confirmation drilling that will validate historic data and enable us to drive the Project through development and beyond.”
Market Awareness Program
The Company also announces that it has amended its existing engagement with Machai Capital Inc. (“Machai“), to further expand its digital marketing and market awareness initiatives as the Company moves to launch its Phase 1 Drill Program. Under the amended terms, the budget allocated to Machai has been increased by an additional $500,000. Machai will continue to provide comprehensive digital marketing services, including the development and execution of in-depth campaigns focused on corporate branding, investor education, market awareness, and social media and e-mail outreach, all as agreed by the Company.
Machai remains an arm’s-length marketing, advertising, and public awareness firm based in Vancouver, B.C. The engagement is for a term of up to 12 months, ending September 18, 2026, and the Company does not intend to issue any securities to Machai as consideration for their services. For further information regarding the engagement of Machai, readers are encouraged to review the news release issued by the Company on September 23, 2025.
About American Critical Minerals’ Green River Potash and Lithium Project
The Green River Potash and Lithium Project is situated within Utah’s highly productive Paradox Basin, located 20 miles northwest of Moab, Utah. It has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in US (Source:AnsonFastmarketsPresentation- https://wcsecure.weblink.com.au/pdf/ASN/02823465.pdf ).
The Company’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“) Potash Exploration Target consists of 500 million to 950 million tonnes of sylvinite (the most important source for the production of potash in North America) grading from 12% to 18% potassium oxide based on elog (eK2O=19% to 29% potassium chloride based on elog (eKCl)). Its Exploration Targets for Lithium and Bromine are 2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium; and 2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine.**
The Company holds a 100% interest in eleven State of Utah (“SITLA“) mineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (BLM Placer Claims) covering 21,150 acres, and 11 federal (BLM) potash prospecting permits covering approximately 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for potash, lithium and potential by-products across the entire Green River Project (approx. 32,530 acres). The Company is authorized to drill a total of 7 drill holes across the Project (pending bonding the recently approved 4 drill holes).
Intrepid Potash, Inc. is America’s largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin (www.intrepidpotash.com). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals’ entire project area (www.ansonresources.com)*.
In 2022, the U.S. imported approx. 96.5% of its annual potash requirements with domestic producers receiving a higher sales price due to proximity to market (intrepidpotash.com/ August 15, 2024, Investor Presentation). In March 2024, the US Senate introduced a bill to include key fertilizers and potash on the US Department of Interior list of Critical Minerals which already includes lithium, and this process is well advanced with potash being added to the USGS Draft Critical Minerals List. In August 2025. Recent market estimates suggest that the global potash market is over US$50 billion annually and growing at a compound annual growth rate (“CAGR”) of close to 5%. Annual lithium demand is now estimated to be over 1 million tonnes globally and continuing to grow rapidly***.
****Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101.
Qualified Person
The technical content of this news release has been reviewed and approved by Dean Besserer, P.Geo., the Chief Operations Officer of the Company and a qualified person for the purposes of NI 43-101.
On behalf of the Board of Directors
Simon Clarke, President & CEO Contact: (604)-551-9665
*American Critical Minerals’ management cautions that results or discoveries on properties in proximity to the American Critical Minerals’ properties may not necessarily be indicative of the presence of mineralization on the Company’s properties.
**A report titled “NI 43-101 Technical Report – Green River Potash and Lithium Project, Grand County, Utah, USA”, prepared by Agapito Associates Inc., and dated October 27, 2025, quantifies the Green River Potash Project’s potash, lithium and bromine exploration potential in the form of NI 43-101 Exploration Targets. The Exploration Target estimate was prepared in accordance with NI 43-101. It should be noted that Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. Details of the basis on which the Exploration Targets have been determined is included in the Report. The Exploration Target stated in the Report is not being reported as part of any Mineral Resource or Mineral Reserve. A copy of the report can be accessed on both SEDAR+ (www.sedarplus.ca) and the corporate website for the Company: www.acmineralscorp.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: use of proceeds; statements about exploration targets; goals of the Company; magnitude or quality of mineral deposits; anticipated advancement of mineral properties or programs; and future exploration prospects.
Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking statements are based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements also involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A.
Forward-looking information contained herein are made as of the date of this news release and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
VANCOUVER, BC / ACCESS Newswire / November 12, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the “Company“) (CSE:KCLI)(OTCQB:APCOF)(FRANKFURT:2P30) is pleased to announce that the USGS has recently updated the Secretary of the Interior, acting through the director of the U.S. Geological Survey (“USGS”) and has now finalized the 2025 list of critical minerals to include both Potash and Lithium. The updated list emphasizes “Critical minerals are essential for national security, economic stability, and supply chain resilience because they underpin key industries, drive technological innovation, and support critical infrastructure vital for a modern American economy“. Furthermore, the notice goes on to state “The Nation possesses vast mineral resources that can create jobs, fuel prosperity, and significantly reduce our reliance on foreign nations, and the United States is taking actions to facilitate domestic mineral production. The List of Critical Minerals guides strategies to secure the Nation’s mineral supply chains” (See the Federal Register as posted on 11/07/2025 and available online at https://federalregister.gov/d/2025-19813, and on https://govinfo.gov).
Simon Clarke, President and CEO stated, “This timely announcement further underpins the importance of unlocking the potential of both Potash and Lithium within our Green River Project. Now with our recent bought deal financing closed and our technical team expanded with the appointment of Dean Pekeski, we can focus on executing our carefully designed phased drilling program(s) to confirm historical data and work towards maiden resources for both potash and lithium”.
About American Critical Minerals’ Green River Potash and Lithium Project
The Green River Potash and Lithium Project is situated within Utah’s highly productive Paradox Basin, located 20 miles northwest of Moab, Utah. It has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in US (Source:AnsonFastmarketsPresentation- https://wcsecure.weblink.com.au/pdf/ASN/02823465.pdf ).
The Company’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“) Potash Exploration Target consists of 500 million to 950 million tonnes of sylvinite (the most important source for the production of potash in North America) grading from 12% to 18% potassium oxide based on elog (eK2O=19% to 29% potassium chloride based on elog (eKCl)). Its Exploration Targets for Lithium and Bromine are 2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium; and 2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine.**
The Company holds a 100% interest in eleven State of Utah (“SITLA“) mineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (BLM Placer Claims) covering 21,150 acres, and 11 federal (BLM) potash prospecting permits covering approximately 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for potash, lithium and potential by-products across the entire Green River Project (approx. 32,530 acres). The Company is authorized to drill a total of 7 drill holes across the Project (pending bonding the recently approved 4 drill holes).
Intrepid Potash, Inc. is America’s largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin (www.intrepidpotash.com). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals’ entire project area (www.ansonresources.com)*.
In 2022, the U.S. imported approx. 96.5% of its annual potash requirements with domestic producers receiving a higher sales price due to proximity to market (intrepidpotash.com/ August 15, 2024, Investor Presentation). In March 2024, the US Senate introduced a bill to include key fertilizers and potash on the US Department of Interior list of Critical Minerals which already includes lithium, and this process is well advanced with potash being added to the USGS Draft Critical Minerals List. In August 2025. Recent market estimates suggest that the global potash market is over US$50 billion annually and growing at a compound annual growth rate (“CAGR”) of close to 5%. Annual lithium demand is now estimated to be over 1 million tonnes globally and continuing to grow rapidly***.
****Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101.
Qualified Person
The technical content of this news release has been reviewed and approved by Dean Besserer, P.Geo., the Chief Operations Officer of the Company and a qualified person for the purposes of NI 43-101.
On behalf of the Board of Directors
Simon Clarke, President & CEO
Contact: (604)-551-9665
*American Critical Minerals’ management cautions that results or discoveries on properties in proximity to the American Critical Minerals’ properties may not necessarily be indicative of the presence of mineralization on the Company’s properties.
**A report titled “NI 43-101 Technical Report – Green River Potash and Lithium Project, Grand County, Utah, USA”, prepared by Agapito Associates Inc., and dated October 27, 2025, quantifies the Green River Potash Project’s potash, lithium and bromine exploration potential in the form of NI 43-101 Exploration Targets. The Exploration Target estimate was prepared in accordance with NI 43-101. It should be noted that Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. Details of the basis on which the Exploration Targets have been determined is included in the Report. The Exploration Target stated in the Report is not being reported as part of any Mineral Resource or Mineral Reserve. A copy of the report can be accessed on both SEDAR+ (www.sedarplus.ca) and the corporate website for the Company: www.acmineralscorp.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: use of proceeds; statements about exploration targets; goals of the Company; magnitude or quality of mineral deposits; anticipated advancement of mineral properties or programs; and future exploration prospects.
Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking statements are based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements also involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A.
Forward-looking information contained herein are made as of the date of this news release and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
VANCOUVER, BC / ACCESS Newswire / November 4, 2025 / American Critical Minerals Corp. (“ American Critical Minerals ” or the” Company “) (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) is pleased to announce that it has appointed Dean Pekeski as Senior Advisor to the Company with immediate effect.
Dean has been involved in senior technical and corporate positions across the mining sector for over 33 years with a particular focus on potash exploration and development for over 17 years of that time. In particular, Dean was Executive Vice President of Western Potash Corp. (WPX- TSX) from 2008 – 2015 andlead discovery and development of the Milestone Potash Solution Mining Project in Saskatchewan which is currently 80% complete. Since 2016 Dean has been involved with Peak Minerals Inc., a private Company developing the Sevier Playa Potassium Sulphate (SOP) Brine Project in Utah where he has served as Project Director and CEO, President & Director since 2020.
Dean is intimate with all aspects of potash exploration, solution mining, brine evaporation, and processing of potassium, magnesium, sodium chloride, bromine, and lithium, rich brines. During his career at Western Potash and Peak Minerals he has advanced projects through key project milestones including discovery, technical studies (PEA, PFS, FS, FEED), geotechnical and constructability testing, process pilot testing, successful environmental permitting at all government levels, securing key supply and construction contracts and off-take agreements, and financing. Throughout his career Dean has raised more than US$120M capital at appropriate valuations to enable the company’s he has worked for to meet milestones, growth and market share. He has a deep network with a number of equity, debt, and royalty investors, is well connected with peer / industry companies across Utah and beyond, and has good connections into local and federal government funding initiatives and State and Federal regulators. He is also intimate with global potash supply, demand, pricing, and development projects globally.
Dean holds Honors B.Sc. Geology, University of Western Ontario, London, Ontario,1994, is a PDAC Member and has his P.Geo Registration with the Association of Professional Engineers and Geoscientists of Saskatchewan. He is also an Director of Fidelity Minerals Corp. and Power One Resources Corp.
Management Commentary
Simon Clarke President & CEO stated, “we are extremely pleased to welcome Dean to our team, his knowledge, background and insights, as well as his strategic relationships in Utah and beyond will be extremely valuable as we continue to advance our Green River Project. His in-depth technical knowledge in potash exploration, development and processing will be invaluable as we move to drill and de-risk the Green River Project and the timing of his appointment could not be better as we finalize our drill targets and drill contracts and prepare to drill in the New Year.
His ability to raise capital for potash development and to attract strategic sector partners and off takers, as well as his links into State and Federal government agencies, will help to ensure we have access to appropriate capital as we look to aggressively develop this project as a major potential source of both potash and lithium to strengthen US Domestic Supply Chains of these Critical Minerals.”
About American Critical Minerals’ Green River Potash and Lithium Project
The Green River Potash and Lithium Project is situated within Utah’s highly productive Paradox Basin, located 20 miles northwest of Moab, Utah. It has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in US (Source: AnsonFastmarketsPresentation- https://wcsecure.weblink.com.au/pdf/ASN/02823465.pdf).
The Company’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Potash Exploration Target consists of 500 million to 950 million tonnes of sylvinite (the most important source for the production of potash in North America) grading from 12% to 18% potassium oxide based on elog (eK2O=19% to 29% potassium chloride based on elog (eKCl)). Its Exploration Targets for Lithium and Bromine are 2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium; and 2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine.**
The Company holds a 100% interest in eleven State of Utah (“SITLA”) mineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (BLM Placer Claims) covering 21,150 acres, and 11 federal (BLM) potash prospecting permits covering approximately 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for potash, lithium and potential by-products across the entire Green River Project (approx. 32,530 acres). The Company is authorized to drill a total of 7 drill holes across the Project (pending bonding the recently approved 4 drill holes).
Intrepid Potash, Inc. is America’s largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin ( www.intrepidpotash.com ). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals’ entire project area ( www.ansonresources.com )*.
In 2022, the U.S. imported approx. 96.5% of its annual potash requirements with domestic producers receiving a higher sales price due to proximity to market (intrepidpotash.com/ August 15, 2024, Investor Presentation). In March 2024, the US Senate introduced a bill to include key fertilizers and potash on the US Department of Interior list of Critical Minerals which already includes lithium, and this process is well advanced with potash being added to the USGS Draft Critical Minerals List. In August 2025. Recent market estimates suggest that the global potash market is over US$50 billion annually and growing at a compound annual growth rate (“CAGR”) of close to 5%. Annual lithium demand is now estimated to be over 1 million tonnes globally and continuing to grow rapidly***.
****Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101.
Qualified Person
The Technical content of this news release has been reviewed and approved by Dean Besserer, P.Geo., the Chief Operations Officer of the Company and a qualified person for the purposes of NI 43-101.
On behalf of the Board of Directors
Simon Clarke, President & CEO Contact: (604)-551-9665
* American Critical Minerals’ management cautions that results or discoveries on properties in proximity to the American Critical Minerals’ properties may not necessarily be indicative of the presence of mineralization on the Company’s properties.
** A report titled “NI 43-101 Technical Report – Green River Potash and Lithium Project, Grand County, Utah, USA”, prepared by Agapito Associates Inc., and dated October 27, 2025, quantifies the Green River Potash Project’s potash, lithium and bromine exploration potential in the form of NI 43-101 Exploration Targets. The Exploration Target estimate was prepared in accordance with NI 43-101. It should be noted that Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. Details of the basis on which the Exploration Targets have been determined is included in the Report. The Exploration Target stated in the Report is not being reported as part of any Mineral Resource or Mineral Reserve. A copy of the report can be accessed on both SEDAR+ ( www.sedarplus.ca ) and the corporate website for the Company: www.acmineralscorp.com .
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: statements about exploration targets; magnitude or quality of mineral deposits; anticipated advancement of mineral properties or programs; and future exploration prospects.
Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking statements are based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements also involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A.
Forward-looking information contained herein are made as of the date of this news release and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESS Newswire / November 3, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the “Company“) (CSE:KCLI)(OTCQB:APCOF)(FRANKFURT:2P30) is pleased to announce that it has closed its previously announced “bought deal” offering, pursuant to which the Company issued 15,574,450 units of the Company (the “Units“) at a price of $0.35 per Unit (the “Offering Price“) for aggregate gross proceeds to the Company of approximately $5,451,000, including the exercise in full of the Underwriter’s option (the “Brokered Offering“).
Research Capital Corporation (the “Underwriter“) acted as the sole underwriter and sole bookrunner under the Brokered Offering.
The Company is also pleased to announce that it has closed its previously announced concurrent non-brokered private placement, pursuant to which the Company issued 5,714,286 Units at the Offering Price for aggregate gross proceeds to the Company of $2,000,000.10 (the “Non-Brokered Offering” and together with the Brokered Offering, the “Offering“). Together, the Company raised aggregate gross proceeds of approximately $7,451,000 under the Offering.
Simon Clarke, President and CEO stated, “we are very pleased with the level of support that we received for this financing. The Company is now funded to commence confirmation and resource drilling at its Green River Project which is a major milestone for the Company. The location of the project, close to existing potash production and contiguous with advanced lithium development, combined with historic data from numerous oil and gas wells, provides us with a high level of confidence as to the potential of the project. We are now in position to implement the steps needed to confirm that data with the goal of converting our exploration targets to maiden resources for potash, lithium and bromine and to take the project to the next level.”
Each Unit is comprised of one common share of the Company (a “Common Share“) and one-half of one Common Share purchase warrant of the Company (each whole warrant, a “Warrant“). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.45 per Common Share for a period of 36 months following closing of the Offering, provided that holders will not be permitted to exercise Warrants until 60 days following closing of the Offering.
The net proceeds from the Offering of the Units will be used to launch an initial drill program targeting potash, lithium and bromine at the Company’s Green River Project, focused on confirming and updating historic drill data, and for working capital and general corporate purposes.
The Units issued under the Offering were offered for sale pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the “Listed Issuer Financing Exemption“), in all provinces of Canada, except Quebec, and other qualifying jurisdictions, including the United States. The Units offered under the Listed Issuer Financing Exemption will be immediately “free-trading” under applicable Canadian securities laws.
The Company entered into an underwriting agreement dated November 3, 2025, with the Underwriter, pursuant to which the Company paid the Underwriter a cash commission of 7.0% of the aggregate gross proceeds of the Brokered Offering and such number of non-transferable broker warrants (the “Broker Warrants“) as is equal to 7.0% of the number of Units sold under the Brokered Offering. Each Broker Warrant entitles the holder to purchase one Unit at an exercise price equal to the Offering Price for a period of 36 months following the Closing.
In connection with the Non-Brokered Offering, the Company paid an aggregate cash finder’s fee of $137,882.50 and issued 393,950 Broker Warrants to such finders. The Broker Warrants are subject to a statutory hold period of four months and a day from the closing of the Offering.
Dean Besserer, COO and Director (the “Insider“), participated in the Non-Brokered Offering purchasing 50,000 Units at the Offering Price for gross proceeds of $17,500.00. Participation by the Insider in the Non-Brokered Offering was considered a “related party transaction” pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“) as the Insider is a director and senior officer of the Company. Pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, the Company is exempt from obtaining a formal valuation and minority approval of the Company’s shareholders in respect of the Insider participation due the fair market value of the Insider participation being below 25% of the Company’s market capitalization for the purposes of MI 61-101. The Company will file a material change report in respect of closing of the Offering. However, the material change report will be filed less than 21 days prior to the closing of the Offering, which is consistent with market practice and the Company deems reasonable in the circumstances.
This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.
About American Critical Minerals’ Green River Potash and Lithium Project
The Green River Potash and Lithium Project is situated within Utah’s highly productive Paradox Basin, located 20 miles northwest of Moab, Utah. It has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in US (Source: Anson Fastmarkets Presentation- https://wcsecure.weblink.com.au/pdf/ASN/02823465.pdf ).
The Company’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“) Potash Exploration Target consists of 500 million to 950 million tonnes of sylvinite (the most important source for the production of potash in North America) grading from 12% to 18% potassium oxide based on elog (eK2O=19% to 29% potassium chloride based on elog (eKCl)). Its Exploration Targets for Lithium and Bromine are 2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium; and 2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine.**
The Company holds a 100% interest in eleven State of Utah (“SITLA“) mineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (BLM Placer Claims) covering 21,150 acres, and 11 federal (BLM) potash prospecting permits covering approximately 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for potash, lithium and potential by-products across the entire Green River Project (approx. 32,530 acres). The Company is authorized to drill a total of 7 drill holes across the Project (pending bonding the recently approved 4 drill holes).
Intrepid Potash, Inc. is America’s largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin (www.intrepidpotash.com). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals’ entire project area (www.ansonresources.com)*.
In 2022, the U.S. imported approx. 96.5% of its annual potash requirements with domestic producers receiving a higher sales price due to proximity to market (intrepidpotash.com/ August 15, 2024, Investor Presentation). In March 2024, the US Senate introduced a bill to include key fertilizers and potash on the US Department of Interior list of Critical Minerals which already includes lithium, and this process is well advanced with potash being added to the USGS Draft Critical Minerals List. In August 2025. Recent market estimates suggest that the global potash market is over US$50 billion annually and growing at a compound annual growth rate (“CAGR”) of close to 5%. Annual lithium demand is now estimated to be over 1 million tonnes globally and continuing to grow rapidly***.
****Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101.
Qualified Person
The technical content of this news release has been reviewed and approved by Dean Besserer, P.Geo., the Chief Operations Officer of the Company and a qualified person for the purposes of NI 43-101.
On behalf of the Board of Directors
Simon Clarke, President & CEO
Contact: (604)-551-9665
*American Critical Minerals’ management cautions that results or discoveries on properties in proximity to the American Critical Minerals’ properties may not necessarily be indicative of the presence of mineralization on the Company’s properties.
**A report titled “NI 43-101 Technical Report – Green River Potash and Lithium Project, Grand County, Utah, USA”, prepared by Agapito Associates Inc., and dated October 27, 2025, quantifies the Green River Potash Project’s potash, lithium and bromine exploration potential in the form of NI 43-101 Exploration Targets. The Exploration Target estimate was prepared in accordance with NI 43-101. It should be noted that Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. Details of the basis on which the Exploration Targets have been determined is included in the Report. The Exploration Target stated in the Report is not being reported as part of any Mineral Resource or Mineral Reserve. A copy of the report can be accessed on both SEDAR+ (www.sedarplus.ca) and the corporate website for the Company: www.acmineralscorp.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: use of proceeds; statements about exploration targets; goals of the Company; magnitude or quality of mineral deposits; anticipated advancement of mineral properties or programs; and future exploration prospects.
Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking statements are based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements also involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A.
Forward-looking information contained herein are made as of the date of this news release and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
American Critical Minerals has voluntarily filed a National Instrument 43-101 Technical Report supporting the exploration targets for Potash, Lithium and Bromine.
2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium****
2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine
Potash Exploration Target of 0.5-1.0 billion tonnes (“Bt”) of sylvanite grading from 12% to 18% potassium oxide based on elog (eK2O=19% to 29% potassium chloride based on elog (eKCl))**
VANCOUVER, BC / ACCESS Newswire / October 28, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the”Company“) (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) is pleased to announce that that the Company has filed a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Technical Report supporting the Exploration Targets for Potash, Lithium and Bromine for its Green River Potash and Lithium Project, reported in the Company’s news release dated October 6, 2025. The NI 43-101 Report was prepared by Biao Qiu, Ph.D., P.E., P.Eng. and Deliang Han, Ph.D., P.Geo. of Agapito Associates, LLC., dated October 27, 2025. The Exploration Targets have an effective date of September 30, 2025. The filing is voluntary and is not required under NI 43-101 (see Part 4.2(12) of Companion Policy 43-101CP).
The NI 43-101 Report recommends a phased exploration and development program, to build on and confirm historic oil and gas drill data and seismic work, including but not limited to Phase 1: Drilling to test Cycle 5 Potash horizons and test the clastic zones for both Lithium and Bromine within the Paradox and Leadville Formations; complete maiden mineral resource estimates for Potash, Lithium and Bromine; and, complete initial pre-feasibility studies thereon. Phase 2: Additional step out drilling; run a Vertical Seismic Profile (“VSP”) in at least one well for the purpose of generating a synthetic seismogram to improve the analysis of existing two-dimensional (“2D”) seismic interpretation; conduct a 3D seismic survey; complete Lidar Surface mapping; conduct a deep disposal well study; conduct detailed engineering and design; conduct baseline environmental studies; all culminating in a feasibility study and the commencement of permitting. Based on the recommendations, the Company is currently working to develop the phase 1 program of drilling and sampling for the upcoming season.
Simon Clarke President & CEO stated, “We updated the existing technical report to include the recently announced lithium and bromine exploration targets. This also provided an opportunity to include an up-to-date analysis on historic seismic data and to update the prior report for the recent approval of our Plan of Operations, Federal Potash Prospecting Licenses and Drill Authorizations and to update recommendations based on latest developments in the area and exploration in general.
We believe, we now have a very detailed and up to date analysis of our Project and its broader potential. The recommendations from the Report will help form the basis of our upcoming drilling and sampling program where we will drill test the Tier 1 Targets and move towards maiden mineral resources for Potash, Lithium and Bromine”.
About American Critical Minerals’ Green River Potash and Lithium Project
The Green River Potash and Lithium Project is situated within Utah’s highly productive Paradox Basin, located 20 miles northwest of Moab, Utah and has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in US (Source: Anson Fastmarkets Presentation – https://wcsecure.weblink.com.au/pdf/ASN/02823465.pdf).
The Company’s 43-101 Potash Exploration Target consists of 500 million to 950 million tonnes of sylvinite (the most important source for the production of potash in North America) grading from 12% to 18% potassium oxide based on elog (eK2O=19% to 29% potassium chloride based on elog (eKCl)). Its Exploration Targets for Lithium and Bromine are 2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium; and 2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine.**
The Company holds a 100% interest in eleven State of Utah (“SITLA”) mineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (BLM Placer Claims) covering 21,150 acres, and 11 federal (BLM) potash prospecting permits covering approximately 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for potash, lithium and potential by-products across the entire Green River Project (approx. 32,530 acres). The Company is authorized to drill a total of 7 drill holes across the Project (pending bonding the recently approved 4 drill holes).
Intrepid Potash, Inc. is America’s largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin (www.intrepidpotash.com). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals’ entire project area (www.ansonresources.com)*.
In 2022, the U.S. imported approx. 96.5% of its annual potash requirements with domestic producers receiving a higher sales price due to proximity to market (intrepidpotash.com/ August 15, 2024, Investor Presentation). In March 2024, the US Senate introduced a bill to include key fertilizers and potash on the US Department of Interior list of Critical Minerals which already includes lithium, and this process is well advanced with potash being added to the USGS Draft Critical Minerals List. In August 2025. Recent market estimates suggest that the global potash market is over US$50 billion annually and growing at a compound annual growth rate (“CAGR”) of close to 5%. Annual lithium demand is now estimated to be over 1 million tonnes globally and continuing to grow rapidly***.
****Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101.
Qualified Person
The technical content of this news release has been reviewed and approved by Dean Besserer, P.Geo., the Chief Operations Officer of the Company and a qualified person for the purposes of NI 43-101.
On behalf of the Board of Directors
Simon Clarke, President & CEO
Contact: (604)-551-9665
*American Critical Minerals’ management cautions that results or discoveries on properties in proximity to the American Critical Minerals’ properties may not necessarily be indicative of the presence of mineralization on the Company’s properties.
**A report titled “NI 43-101 Technical Report – Green River Potash and Lithium Project, Grand County, Utah, USA”, prepared by Agapito Associates Inc., and dated October 27, 2025, quantifies the Green River Potash Project’s potash, lithium and bromine exploration potential in the form of NI 43-101 Exploration Targets. The Exploration Target estimate was prepared in accordance with NI 43-101. It should be noted that Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. Details of the basis on which the Exploration Targets have been determined is included in the Report. The Exploration Target stated in the Report is not being reported as part of any Mineral Resource or Mineral Reserve. A copy of the report can be accessed on both SEDAR+ (www.sedarplus.ca) and the corporate website for the Company: www.acmineralscorp.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking information or forward-looking statements within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: statements about exploration targets; magnitude or quality of mineral deposits; anticipated advancement of mineral properties or programs; and future exploration prospects.
Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking statements are based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements also involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A.
Forward-looking information contained herein are made as of the date of this news release and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
The Existing Seismic Data and interpretation for the Northern Portion of the Property from four 2D Seismic reflection lines has recently been reviewed by Agapito with respect to Potash Cycles 5, 13 and 18 as well as Paradox and Leadville clastic intervals.
A time structure map of the top of the Paradox Formation salt was constructed.
Geologic modeling based on tops picked from existing oil and gas wells supports the interpretation of a gentle regional dip in the cycles of interest.
This interpretation supports relatively flat lying potash cycles (dip approximately 4% to the north) which further supports the potential of suitability for solution mining.
The data further demonstrates a northward thickening of the Paradox Formation along with high-angle faults, which may correspond to increasing both the quality (through potential chemical enrichment) and the volumetric potential of brines.
VANCOUVER, BC / ACCESS Newswire / October 15, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the”Company“) (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) is pleased to announce that Agapito Associates LLC. (“Agapito“) has further reviewed the ExplorTech LLC (2011) Seismic Reflection and Reprocessing Report for the Northern Portion of the Green River Potash and Lithium Project. Full results of this review will also be included in an updated Technical Report on the Green River Potash which will be published shortly.
Simon Clarke President & CEO stated, “Utilizing the large seismic database from oil and gas wells has allowed us to further see the relatively flat lying Paradox and Leadville stratigraphy in the sub-surface of our Green River Project. This has important implications for both Potash and Lithium. Based on this interpretation, the Property appears to be suitable for solution mining wells within the Potash Cycles.
In addition, the clastic zones appear to demonstrate a northward thickening in conjunction with high-angle faulting, which may correspond to increasing both the quality and the volume of the lithium and bromine rich brines. This gives us further confidence in our Exploration Targets as we move rapidly towards drill testing our key targets.
The location of our Green River Project and its proximity to over 50 years of potash production as well as advanced lithium development, already highlights the strategic potential of the Project. In addition, the apparent flat lying nature of its mineralization further validates the potential to successfully develop and mine the potash cycles and the lithium brines.”
Seismic Interpretation (ExplorTech LLC, 2011****)
The Company licensed four (4) 2D seismic lines totaling approximately 32.5 miles from Seismic Exchange (SEI). These lines loosely cover their northwest potash permit area in Grand County, Utah. These seismic data were collected in the late 1960’s with dynamite sources. The data needed to be reprocessed before interpretation. Excel Geophysical (Greenwood Village, Colorado) reprocessed the data. John Arestad of ExplorTech LLC (Centennial, Colorado) interpreted the data. Agapito recently reviewed the data in the context of the Green River Project.
From those interpreted lines, a time structure map of the top of the Paradox Formation salt was constructed by ExplorTech LLC. The map indicates a structural high, likely the Big Flat Dome in the south dipping on a fairly regular slope to the north. This conforms to the regional interpretation from modeling of an overall dip of about four percent (“4%“).
No major faulting, collapses, or diapirism were observed. Minor faulting is identified in the lowermost part of the target Paradox evaporite sequence, while the uppermost part of the evaporite interval, including Cycle 5, showed no interpretable faulting. Faulting extending as high as Cycle 13 is apparent to the southwest.
The seismic data show that faulting is minor within the lowermost part of the target Paradox evaporite sequence. The uppermost part of this interval does not show interpretable faults. The maps produced in the study should be useful for exploration drilling activities. Well prognoses can be made using the interpreted seismic horizons and the existing time-depth data. The hummocky looking appearance of the Paradox salt section suggests that the salt has moved somewhat in the target area and that may have implications for potash recoveries.
The interpretation supports relatively flat lying potash cycles (dip approximately 4% to the north) which further support the possibility of being suitable for solution wells. The data further demonstrates a northward thickening of the Paradox Formation along with high-angle faults, which may correspond to increasing both the quality (through potential chemical enrichment) and the volumetric potential of brines.
The reprocessing and interpretation of these lines is specialized work and may require expertise specific to the Paradox Basin. That said, geologic modeling based on tops picked from existing oil and gas wells supports the interpretation of a gentle regional dip in the cycles of interest. The selection of tops on formations of regional extent such as the Leadville, Hermosa, or Chinle is regarded as straightforward. The Company is further looking to add to this dataset by acquiring additional seismic data licenses.
About American Critical Minerals’ Green River Potash and Lithium Project
The Green River Potash and Lithium Project is situated within Utah’s highly productive Paradox Basin, located 20 miles northwest of Moab, Utah and has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of development of neighbouring lithium projects. The Paradox Basin is believed to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in the US
The Company holds a 100% interest in eleven State of Utah (“SITLA“) mineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (BLM Placer Claims) covering 21,150 acres, and 11 federal (BLM) potash prospecting permits covering approximately 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for potash, lithium and potential by-products across the entire Green River Project (approx. 32,530 acres). The Company is authorized to drill a total of 7 drill holes across the Project (pending bonding the recently approved 4 drill holes).
Intrepid Potash, Inc. is America’s largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin (www.intrepidpotash.com). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals’ entire project area (www.ansonresources.com)*.
In 2022, the U.S. imported approx. 96.5% of its annual potash requirements with domestic producers receiving a higher sales price due to proximity to market (intrepidpotash.com/ August 15, 2024, Investor Presentation). In March 2024, the US Senate introduced a bill to include key fertilizers and potash on the US Department of Interior list of Critical Minerals which already includes lithium, and this process is well advanced with potash being added to the USGS Draft Critical Minerals List. In August 2025. Recent market estimates suggest that the global potash market is over US$50 billion annually and growing at a compound annual growth rate (“CAGR”) of close to 5%. Annual lithium demand is now estimated to be over 1 million tonnes globally and continuing to grow rapidly.
****Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101.
Qualified Person
The Technical content of this news release has been reviewed and approved by Dean Besserer, P.Geo., the Chief Operations Officer of the Company and a qualified person for the purposes of NI 43-101.
On behalf of the Board of Directors
Simon Clarke, President & CEO Contact: (604)-551-9665
*American Critical Minerals’ management cautions that results or discoveries on properties in proximity to the American Critical Minerals’ properties may not necessarily be indicative of the presence of mineralization on the Company’s properties.
**A report titled “NI 43-101 Technical Report – Green River Potash Project, Grand County, Utah, USA”, prepared by Agapito Associates Inc., and dated effective September 12, 2012, quantifies the Green River Potash Project’s potash exploration potential in the form of a NI 43-101 Exploration Target. The Exploration Target estimate was prepared in accordance with the National Instrument 43-101 -Standards of Disclosure for Mineral Projects (“NI 43-101“). It should be noted that Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. The Exploration Target stated in the Agapito Report is not being reported as part of any Mineral Resource or Mineral Reserve. A copy of the report can be accessed on the corporate website for the Company: www.acmineralscorp.com. A new report documenting the current data will be filed accordingly.
****Green River Potash Project, Northwest Permit Area, Grand County, Utah, Seismic Reflection Reprocessing and Interpretation Summary Report. John Arestad, Ph.D., December 2011.
Cautionary Statements Regarding Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and information.
2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium (1.7Million Tonnes Lithium Carbonate Equivalent “LCE” high case)****;
2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine (9.1 Mt Bromine high case);
Existing Potash Exploration Target of 0.6-1.0 billion tonnes (“Bt”) of sylvanite grading from 12% to 18% potassium oxide based on elog (eK2O=19% and 29% potassium chloride based on elog (eKCl) ***.
VANCOUVER, BC / ACCESS Newswire / October 6, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the”Company“) (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) is pleased to announce that Agapito Associates LLC. (“Agapito”) has completed the work announced by the Company on July 29, 2025 and has defined a National Instrument (“NI”) 43-101 exploration target for lithium at its Green River Project in the Paradox Basin, Utah. Agapito has also defined a NI43-101 exploration target for bromine as a potentially highly material and large-scale by-product of lithium production. Neighboring Anson Resources has also reported significant Bromine content associated with its lithium brines in the Paradox Basin (www.ansonresources.com).
These Exploration Targets for two critical minerals and a key potential by-product, showcase the large-scale potential of the Green River Project and provide valuable data which the Company will utilize to finalize drill targets for confirmation and resource drilling. In the interim, Agapito is adding these new exploration targets, as well as additional new data, to an updated NI 43-101 Technical Report which the company will publish and file shortly.
The Exploration Target(s) for the Project are based on available geological data, historical drill data from 23 oil and gas wells drilled across and around our Project area (with Lithium and Bromine values) and 18 oil and gas wells (with porosity values) and analogues from adjacent projects. This includes over 50 years pf potash production from the same potash cycles at the nearby Moab Mine, now owned and operated by Intrepid Potash and advanced lithium development work by Anson Resources on contiguous land to our north and adjacent land to our south.
Target tonnages are estimated to range between 1.27 to 2.1 billion cubic meters of brine. Corresponding grades are estimated at 71-216 parts per million (“ppm”) for lithium (1.7 Mt LCE), and 3,656-4,741 ppm for bromine (9.1 Mt Bromine high case). These ranges highlight the prospective nature and potential scale of the mineralized clastic zones. The lower end of the target range from 42.9ppm to 129.8ppm lithium (0.6 Mt LCE) and 2194 to 2844 ppm bromine (3.3 Mt Bromine Low Case). The upper end with grades up to 29% eKCl, 152 ppm Lithium, and 4,412 ppm Br₂ reflects the upside potential should continuity and thickness be confirmed through further drilling. These estimates provide a framework for prioritizing exploration activities, including step-out drilling and detailed geophysical interpretation.
Management Commentary
Simon Clarke President & CEO stated, “this is a big milestone for the Company. The importance of lithium and bromine in the Paradox has been recognized for a number of years but has been very much highlighted and validated in recent times by our close neighbour Anson Resources. The work they have done on drilling and successfully piloting their projects and attracting definitive offtake partners like LG Solution for battery grade lithium, is potentially directly applicable to, and positive for, our Green River Project given their land is contiguous and adjacent to ours. The work now done by Agapito in defining exploration targets for lithium, and also bromine takes this potential a step further and showcases the large-scale potential of the Green River Project for lithium and bromine based on a lot of additional historic and recent data.
The potential of our Project is even larger than our neighbours, given we also have large-scale potash potential and a large existing exploration target for potash. We now have 3 large exploration targets for 3 different minerals, as well as drill permits in hand and we can test for all 3 minerals in each hole we drill. This latest work further positions the Company to launch confirmation and resource drilling in the coming months.”
Lithium and Bromine Exploration Targets
The Exploration Target estimate for lithium and bromine is based on brine-hosting intervals within the Paradox Basin. Key geologic units, including the Leadville Formation and Paradox clastic zones 17, 19, 29, 31, and 33, were evaluated individually using available porosity, volume, and brine chemistry data to establish potential ranges for contained lithium and bromine.
The Pennsylvanian-age Paradox Formation comprises thick, regionally extensive halite units interbedded with evaporitic anhydrite and potash horizons, as well as clastic and carbonate intervals including sandstone, shale, limestone, and dolomite. Core data published from Anson Resources’ Paradox Lithium and Green River Lithium Project areas provide direct petrophysical and lithological measurements that can be correlated to the clastic zones identified within the Green River Project area. These datasets confirm the lateral continuity and stratigraphic equivalency of the principal reservoir intervals. Eighteen drillholes from adjacent project areas that report porosity values, which are considered representative values for the Green River Property clastic zones. Effective porosity ranges of 10.3-17.1%, 11.0-18.4%, 9.9-16.4%, and 12.4-20.7% were assigned to Clastic Zones 17, 19, 29, 31, and 33, respectively, with the reported values representing average effective porosity estimates for each interval.
The Mississippian Leadville Formation is a marine carbonate sequence that is typically composed of limestone and dolomite. Because the Leadville currently and historically has been a target for hydrocarbons, CO2 and helium, there is abundant well data available. At the Green River Property, the Leadville has been shown to have excellent vuggy porosity and good reservoir deliverability. A range of 5.1% – 8.5% average effective porosity was used for the Mississippian Leadville Formation.
In total, 23 drillholes from adjacent project areas reporting lithium and bromine concentrations, which are interpreted as representative values for the Green River Property clastic zones and the Mississippian Leadville Formation. Average lithium concentration ranges of 42.9-71.6 ppm, 86.1-143.4 ppm, 76.1-126.9 ppm, 129.8-216.3 ppm, 47.6-79.4 ppm, and 120.8-201.3 ppm were applied to Clastic Zones 17, 19, 29, 31, 33, and the Mississippian interval, respectively. Corresponding average bromine concentration ranges of 2,551-4,251 ppm, 2,333-3,888 ppm, 2,508-4,180 ppm, 2,587-4,311 ppm, 2,194-3,656 ppm, and 2,845-4,741 ppm were assigned to the same stratigraphic units in order.
The two tables, designated as Tables 1 and 2, present a range of potential in situ mineral quantities for an exploration target containing lithium and bromine brines. These tables define the estimates for a High Case (Table 1) and a Low Case (Table 2) scenario, a standard practice in mineral exploration to bracket the potential resource based on the current level of geological knowledge and data uncertainty. The foundational calculation for both estimates begins with the geometric properties of the aquifer, specifically its total volume. This aquifer volume is then combined with a range of effective porosity values-a lower percentage for the conservative Low Case and a higher percentage for the optimistic High Case-to calculate the total volume of brine potentially hosted within the rock pores.
The subsequent calculations apply grade estimates to these brine volumes to determine the total contained metal. For instance, a Low Case brine volume of 25 million cubic meters multiplied by a conservative lithium grade of 200 parts per million could yield a total lithium metal estimate on the order of tens of thousands of tonnes. This lithium figure is also converted into its Lithium Carbonate Equivalent (LCE), the industry-standard unit for commercial transactions, which could range from a Low Case in the realm of 615,000 tonnes to a High Case potentially exceeding 1,710,000 tonnes. Simultaneously, the bromine content is calculated using its own range of concentration values, potentially resulting in a Low Case estimate of approximately 3,288,000 tonnes of elemental bromine (Br₂) and a significantly larger High Case figure of 9,134,000 tonnes. The substantial spread between the low and high estimates for both minerals effectively captures the geological uncertainties at this early stage, serving to illustrate the potential scale of the discovery and guide future exploration efforts to better define the resource.
Table 1: Lithium and Bromine Exploration Target High Case Estimates****
Aquifer
Average Thickness (m)
Aquifer Volume (m3)
Effective Porosity High
Brine Volume (m3)
Lithium High (ppm)
Total Lithium High (t)
Total LCE
High (t)
Bromine High (ppm)
Total Br2 High (t)
Paradox CZ 17
19.16
2,646,919,140
17.1%
453,284,903
71.6
32,438
172,669
4,250.9
1,926,886
Paradox CZ 19
16.56
2,287,641,660
18.4%
420,354,155
143.4
60,295
320,948
3,887.8
1,634,258
Paradox CZ 29
4.88
674,457,574
16.4%
110,863,964
126.9
14,066
74,873
4,180.3
463,446
Paradox CZ 31
7.49
1,034,897,445
20.7%
214,310,013
216.3
46,345
246,692
4,311.5
923,989
Paradox CZ 33
4.34
599,997,312
20.7%
124,249,443
79.4
9,862
52,497
3,656.3
454,287
Mississippian
67.02
9,259,243,356
8.5%
787,035,685
201.3
158,391
843,115
4,741.3
3,731,533
Total
16,503,156,487
2,110,098,163
152
321,396
1,710,793
4,412
9,134,399
Table 2: Lithium and Bromine Exploration Target Low Case Estimates****
Aquifer
Average Thickness (m)
Aquifer Volume (m3)
Effective Porosity Low
BrineVolume (m3)
Lithium Low (ppm)
Total Lithium Low (t)
Total LCE Low (t)
Bromine Low (ppm)
Total Br2 Low (t)
Paradox CZ 17
19.16
2,646,919,140
10.3%
271,970,942
42.9
11,678
62,161
2,550.6
693,679
Paradox CZ 19
16.56
2,287,641,660
11.0%
252,212,493
86.1
21,706
115,541
2,332.7
588,333
Paradox CZ 29
4.88
674,457,574
9.9%
66,518,378
76.1
5,064
26,954
2,508.2
166,841
Paradox CZ 31
7.49
1,034,897,445
12.4%
128,586,008
129.8
16,684
88,809
2,586.9
332,636
Paradox CZ 33
4.34
599,997,312
12.4%
74,549,666
47.6
3,550
18,899
2,193.8
163,543
Mississippian
67.02
9,259,243,356
5.1%
472,221,411
120.8
57,021
303,521
2,844.8
1,343,352
Total
16,503,156,487
1,266,058,898
91
115,703
615,885
2,647
3,288,383
About American Critical Minerals’ Green River Potash and Lithium Project
The Green River Potash and Lithium Project is situated within Utah’s highly productive Paradox Basin, located 20 miles northwest of Moab, Utah and has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in US (Source:AnsonFastmarketsPresentation- https://wcsecure.weblink.com.au/pdf/ASN/02823465.pdf ). The Company also has a 43-101 Exploration Target of 600 million to 1 billion tonnes of sylvinite (the most important source for the production of potash in North America) with average grades ranging from 19% to 29% eKCL.**
The Company holds a 100% interest in eleven State of Utah (“SITLA”) mineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (BLM Placer Claims) covering 21,150 acres, and 11 federal (BLM) potash prospecting permits covering approximately 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for potash, lithium and potential by-products across the entire Green River Project (approx. 32,530 acres). The Company is authorized to drill a total of 7 drill holes across the Project (pending bonding the recently approved 4 drill holes).
Intrepid Potash, Inc. is America’s largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin (www.intrepidpotash.com). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals’ entire project area (www.ansonresources.com)*.
In 2022, the U.S. imported approx. 96.5% of its annual potash requirements with domestic producers receiving a higher sales price due to proximity to market (intrepidpotash.com/ August 15, 2024, Investor Presentation). In March 2024, the US Senate introduced a bill to include key fertilizers and potash on the US Department of Interior list of Critical Minerals which already includes lithium, and this process is well advanced with potash being added to the USGS Draft Critical Minerals List in August 2025. Recent market estimates suggest that the global potash market is over US$50 billion annually and growing at a compound annual growth rate (“CAGR”) of close to 5%. Annual lithium demand is now estimated to be over 1 million tonnes globally and continuing to grow rapidly.
****Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101.
Qualified Person
The Technical content of this news release has been reviewed and approved by Dean Besserer, P.Geo., the Chief Operations Officer of the Company and a qualified person for the purposes of NI 43-101.
On behalf of the Board of Directors
Simon Clarke, President & CEO Contact: (604)-551-9665
*American Critical Minerals’ management cautions that results or discoveries on properties in proximity to the American Critical Minerals’ properties may not necessarily be indicative of the presence of mineralization on the Company’s properties.
**A report titled “NI 43-101 Technical Report – Green River Potash Project, Grand County, Utah, USA”, prepared by Agapito Associates Inc., and dated effective September 12, 2012, quantifies the Green River Potash Project’s potash exploration potential in the form of a NI 43-101 Exploration Target. The Exploration Target estimate was prepared in accordance with the National Instrument 43-101 -Standards of Disclosure for Mineral Projects (“NI 43-101“). It should be noted that Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. The Exploration Target stated in the Agapito Report is not being reported as part of any Mineral Resource or Mineral Reserve. A copy of the report can be accessed on the corporate website for the Company: www.acmineralscorp.com. A new report documenting the current data will be filed accordingly.
***Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. The Potash 5 Exploration Targets are not being reported as part of any Mineral Resource or Mineral Reserve.
Cautionary Statements Regarding Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the intended use of proceeds from the Offering. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and information.
VANCOUVER, BC / ACCESS Newswire / October 3, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the”Company“) (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) is pleased to announce that all matters presented at its annual general and special meeting (the “Meeting“) of shareholders, held on October 3, 2025, were approved.
At the Meeting, shareholders re-elected the current board of directors, approved the continued appointment of the auditor, and ratified the adoption of a new omnibus equity incentive plan. For further information concerning the matters presented at the Meeting, readers are encouraged to review the management information circular prepared by the Company which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca).
On behalf of the Board of Directors
Simon Clarke, President & CEO Contact: (604)-551-9665
Cautionary Statements Regarding Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and information.
VANCOUVER, BC / ACCESS Newswire / September 29, 2025 / American Critical Minerals Corp. (“American Critical Minerals” or the”Company“) (CSE:KCLI)(OTCQB:APCOF)(Frankfurt:2P3) is pleased to confirm that it has made the required annual payments to renew its 100% interest in 11 State of Utah (“SITLA“) Mineral and Minerals Salt Leases covering approx. 7,050 acres, 1,094 Federal Lithium Brine Claims (BLM Placer Claims) covering approx. 21,150 acres, and 11 Federal (BLM) Potash Prospecting Permits covering approx. 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for, and develop, potash and lithium and associated by-products (including Bromine and Boron) across the entire Green River Project (approx. 32,530 acres).
The Company has Permits in place to drill 3 holes on its State of Utah Leases following the payment of required reclamation bonding in respect of these holes. In addition, under the Plan of Operations approved by the BLM in October 2024, the Company is also authorized to drill 4 holes across its Federal (BLM) acreage. The Company has now finalized with the BLM and the Utah Department of Natural Resources, the additional reclamation bonding required to receive final permits to drill these 4 additional holes. Once this additional bonding is paid by the Company it will be in position to drill up to 7 holes in total across the Green River Project.
Unlike its near neighbors, who are focused on either potash production (Intrepid Potash: https://www.intrepidpotash.com) or advanced lithium development (Anson Resources: https://www.ansonresources.com), the Company is looking to develop both potash and lithium. Historic oil and gas wells, and development work contiguous to the Company’s Green River Project, have highlighted the potential for both Critical Minerals and the Company will test for both potash and lithium in each hole it drills. * **
Management Commentary
Simon Clarke President & CEO stated, “we are pleased to continue to make strong progress operationally as we continue to position the Company to launch drilling to confirm the historic values obtained in the oil and gas wells drilled across, and around, our acreage. We will be targeting the same potash cycles that our near neighbour, Intrepid Potash, has been producing from for decades and given our Project is contiguous with Anson’s project to the North and adjacent to their project to the South, we are highly confident that “as the meat in the sandwich” we will experience similar results on the lithium side. Speaking of Anson, I would like to commend them for their continued strong performance. Their MOU with POSCO Holdings and their definitive offtake agreement with LG Energy Solution, both major players in the lithium-Ion Battery space, are impressive and provide strong validation of the Paradox Basin as a major source of high-quality lithium.
In the interim, we are excited to continue to progress work with Agapito Associates LLC (announced in late July 2025) to define a 43-101 Exploration Target for lithium reflecting the growing importance of lithium in the Paradox and its potential at Green River. This work will also lead to our 43-101 Technical Report** being updated and refreshed and will provide us with 43-101 Exploration Targets for both critical minerals as we position ourselves for confirmation and resource Drilling. We expect to be able to finalize this work with Agapito in the near future.”
Granting of Incentive Securities
The Company also announces that it has granted an aggregate of 660,000 incentive stock options (the “Options”) to certain of its directors, officers and key advisors. The Options vest over a period of one year and each Option is exercisable to acquire one common share at $0.38 for a period of 5 years from the date of grant. In addition, the Company has granted an aggregate of 540,000 Restricted Share Units (“RSUs”) to certain of its directors, officers and key advisors. The RSUs vest and convert into an equivalent number of common shares after thirty-six months, subject to accelerated vesting in the event the closing price of the common shares of the Company is $0.875 or greater at any time, or upon the occurrence of a change of control event for the Company.
About American Critical Minerals’ Green River Potash and Lithium Project
The Green River Potash and Lithium Project is situated within Utah’s highly productive Paradox Basin, located 20 miles northwest of Moab, Utah and has significant logistical advantages including close proximity to major rail hubs, airport, roads, water, towns and labour markets. It also benefits from close proximity to the agricultural and industrial heartland of America and numerous potential end-users for its products.
The history of oil and gas production across the Paradox Basin provides geologic data from historic wells across the Project, and the wider Basin, validating and de-risking the potential for high grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 ppm, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride & Santos, 2012). This data is reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox Basin is believed to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in US (Source: Anson Fastmarkets Presentation – https://wcsecure.weblink.com.au/pdf/ASN/02823465.pdf ) The Company also has a 43-101 Exploration Target of 600 million to 1 billion tonnes of sylvinite (the most important source for the production of potash in North America) with average grades ranging from 19% to 29% KCL.**
The Company holds a 100% interest in eleven State of Utah (“SITLA“) mineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (BLM Placer Claims) covering 21,150 acres, and 11 federal (BLM) potash prospecting permits covering approximately 25,480 acres. Through these leases, permits and claims the Company has the ability to explore for potash, lithium and potential by-products across the entire Green River Project (approx. 32,530 acres). The Company is authorized to drill a total of 7 drill holes across the Project (pending bonding the recently approved 4 drill holes).
Intrepid Potash, Inc. is America’s largest potash company and only U.S. domestic potash producer and currently produces potash from its nearby Moab Solution Mine, which the Company believes provides strong evidence of stratigraphic continuity within this part of the Paradox Basin (www.intrepidpotash.com). Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of our Green River Project and neighbouring to the south. Anson has a large initial resource, robust definitive feasibility study and has recently completed successful piloting operations through its partnership with Koch Technology Solutions, as well as an offtake agreement with LG Energy Solution. The Anson exploration targets encompass the combined Mississippian Leadville Formation and the Pennsylvanian Paradox Formation brine-bearing clastic layers, which also underlie American Critical Minerals’ entire project area (www.ansonresources.com)*.
In 2022, the U.S. imported approx. 96.5% of its annual potash requirements with domestic producers receiving a higher sales price due to proximity to market (intrepidpotash.com/ August 15, 2024, Investor Presentation). In March 2024, the US Senate introduced a bill to include key fertilizers and potash on the US Department of Interior list of Critical Minerals which already includes lithium, and this process is well advanced with potash being added to the USGS Draft Critical Minerals List. In August 2025. Recent market estimates suggest that the global potash market is over US$50 billion annually and growing at a compound annual growth rate (“CAGR”) of close to 5%. Annual lithium demand is now estimated to be over 1 million tonnes globally and continuing to grow rapidly. * **
On behalf of the Board of Directors
Simon Clarke, President & CEO
Contact: (604)-551-9665
*American Critical Minerals’ management cautions that results or discoveries on properties in proximity to the American Critical Minerals’ properties may not necessarily be indicative of the presence of mineralization on the Company’s properties.
**A report titled “NI 43-101 Technical Report – Green River Potash Project, Grand County, Utah, USA”, prepared by Agapito Associates Inc., and dated effective September 12, 2012, quantifies the Green River Potash Project’s potash exploration potential in the form of a NI 43-101 Exploration Target. The Exploration Target estimate was prepared in accordance with the National Instrument 43-101 -Standards of Disclosure for Mineral Projects (“NI 43-101“). It should be noted that Exploration Targets are conceptual in nature and there has been insufficient exploration to define them as Mineral Resources, and, while reasonable potential may exist, it is uncertain whether further exploration will result in the determination of a Mineral Resource under NI 43-101. The Exploration Target stated in the Agapito Report is not being reported as part of any Mineral Resource or Mineral Reserve. A copy of the report can be accessed on the corporate website for the Company: www.acmineralscorp.com.
Cautionary Statements Regarding Forward Looking Information This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the intended use of proceeds from the Offering. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and information.