Krait Critical Minerals raises $1.51 million in non-brokered private placement

• Krait Critical Minerals closed a second tranche of a non-brokered private placement, lifting aggregate gross proceeds to $1.51 million.
• Total issuance reached 2,016,099 common shares at $0.75 per share; the offering was upsized to a maximum of $2 million.
• No warrants were issued to subscribers in the second tranche; the company paid $3,675 in finder’s fees.
• It issued 4,900 non-transferable finder’s warrants exercisable at $0.95 for one year.
• Proceeds will fund exploration at Goldbar Spider Lake, evaluation of Nevada Hills antimony assets, working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Krait Critical Minerals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610042315NEWSFILECNPR____20261004_317356_1) on October 05, 2026, and is solely responsible for the information contained therein.