Ameriwest Critical Metals Inc announced a non-brokered private placement to issue 8,000,000 units at an issue price of CAD 0.25 for the proceeds of CAD 2,000,000 on December 4, 2025. Each Unit will consist of one common share in the capital of the Company and one non-transferable common share purchase warrant of the Company , and each Warrant will be exercisable to acquire one additional share of the Company, at an exercise price of CAD 0.40 per Warrant Share, for a period of 18 months from the closing. Company may pay certain finders (each, a ?Finder?) a cash commission equal to 8% of the aggregate gross proceeds raised from those Unit subscribers introduced by such Finders to the Company and/or issue to such Finders such number of non-transferable share purchase warrants of the Company equal to 8% of the total number of Units sold to such subscribers with each such Finder?s Fee Warrant being exercisable to acquire one additional share of the Company, at an exercise price of CAD 0.25 per Warrant Share, for a period of 18 months from the closing of the Private Placement.
The Private Placement may close in tranches, with the first tranche of the Offering expected to close on or around December 30, 2025. Transaction is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the Canadian Securities Exchange. All securities issued in connection with this Private Placement are subject to a statutory hold period of four months and one day pursuant to applicable securities laws.
Certain insiders of the Company may acquire Units in the private placement.
