Mr. Dean Pekeski reports

AMERICAN CRITICAL MINERALS ANNOUNCES REPRICING OF PRIVATE PLACEMENT

American Critical Minerals Corp. has repriced its proposed non-brokered private placement. Pursuant to the amended pricing, the company proposes to raise up to $2-million through the sale of up to 10 million units at a price of 20 cents per unit. Each unit will consist of one common share of the company and one common share purchase warrant exercisable at a price of 35 cents for a period of three years.

The net proceeds from the offering will strengthen the company's treasury and will be used to support drilling operations at the company's Green River project and working capital purposes.

The company may pay finders' fees to eligible parties who have assisted in introducing subscribers to the offering. Closing of the offering remains subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals. All securities issued in connection with the offering will be subject to restrictions on resale for a period of four months and one day in accordance with applicable securities laws.

About American Critical Minerals' Green River potash and lithium project

The Green River 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 derisking the potential for high-grade potash and large amounts of contained lithium. Wells in and around the project reported lithium up to 500 parts per million, bromine up to 6,100 ppm and boron up to 1,260 ppm (Gilbride and Santos, 2012). These data are reinforced by nearby potash production and the advanced stage of neighbouring lithium projects. The Paradox basin is believed to be one of the biggest sources of lithium brines in the United States (source: Anson Fastmarkets presentation).

The company has disclosed targets for further exploration at the Green River project consisting of 500 million to 950 million tonnes of sylvinite (the most important source for the production of potash in North America) grading from 12 per cent to 18 per cent potassium oxide based on elog (eK2O equal to 19 per cent to 29 per cent potassium chloride based on elog (eKCl)). Its target for further exploration for lithium and bromine is 600,000 to 1.7 million tonnes lithium carbonate equivalent grading from 91 to 152 ppm and 3.3 million to 9.1 million tonnes bromine grading from 2,647 to 4,412 ppm.

The company holds a 100-per-cent interest in 11 SITLA (School and Institutional Trust Lands Administration)m ineral and minerals salt leases covering approximately 7,050 acres, 1,094 federal lithium brine claims (Bureau of Land Management 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 byproducts across the entire Green River project (approximately 32,530 acres). The company is authorized to drill a total of seven drill holes across the Green River project.

America's largest potash company and only U.S. domestic producer 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. Anson Resources Ltd. has advanced lithium development projects contiguous to the northern boundary of the company's Green River project and neighbouring to the south. Anson has a large initial resource and a 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.

The United States imports more than 90 per cent of its potash demand (U.S. Geological Survey, Mineral Commodity Summaries, January, 2025). In November, 2025, the Department of Interior added potash to its list of critical minerals, which already includes lithium. Recent market estimates suggest that the global potash market is over $50-billion (U.S.) annually and growing at a compound annual growth rate (CAGR) of close to 5 per cent. Annual lithium demand is now estimated to be over one million tonnes globally and continuing to grow rapidly.

Qualified person

The scientific and technical content of this news release has been reviewed and approved by Dean Besserer, PGeo, the chief operations officer of the company and a qualified person for the purposes of National Instrument 43-101.

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