Announcement • Jul 08
Allied Critical Metals Confirms New High-Grade Tungsten Mineralization At the Venise Breccia with 13 Metres of 1.00% Wo3 Including 3 Metres of 4.15% Wo3 Allied Critical Metals Inc. has announced the first assay results from the newly confirmed Venise Breccia, as part of its ongoing exploration program at the Company's 100%-owned Borralha Tungsten Project in northern Portugal. The results confirm that the Venise Breccia illustrates a new high-grade tungsten-molybdenum discovery located approximately 400 metres northwest of the Santa Helena Breccia, the deposit underpinning the Company's recently completed Preliminary Economic Assessment. The Venise Breccia represents an entirely new mineralized system that is not included in the current mine plan, resource estimate or economic study, highlighting the potential for significant future growth beyond the Company's existing development scenario. The Venise Breccia was discovered through historical sampling programs and confirmed with this drill program. The first drill hole (Bo_BV_01b) intersected the following: 13.0 metres grading 1.00% WO3, including 3.0 metres grading 4.15% WO3; 8.0 metres grading 0.61% WO3 and 0.128% MoS2, including 5.0 metres grading 0.96% WO3; 6.0 metres grading 0.80% WO3, including 1.0 metre grading 4.69% WO3; 21.0 metres grading 0.25% MoS2, including 12.0 metres grading 0.30% MoS2. The results demonstrate that the Venise Breccia hosts a distinct style of mineralization from Santa Helena Breccia, supporting management's interpretation that the Borralha Property has the potential to be a larger multi-phase tungsten-molybdenum hydrothermal system. Two drilling rigs continue to test the size, continuity and depth extensions of the Venise Breccia while four additional drilling rigs continue expanding and upgrading the Santa Helena Breccia resource. A seventh drilling rig is expected to be mobilized shortly. The ongoing drill program is targeting the interpreted central and deeper portions of the Venise Breccia, with the objective of testing the vertical continuity of both the high-grade tungsten corridors and broader molybdenum-rich zones identified in the initial drilling. In addition to down-dip extension drilling, the Company has completed Bo_BV_04a and commenced Bo_BV_05a along an approximately perpendicular drill orientation to the discovery section. These holes are designed to test the three-dimensional geometry, orientation and continuity of the newly identified Venise Breccia system. Additional assay results will be released as they become available. Visual logging from ongoing drilling has continued to identify brecciation, hydrothermal alteration and sulphide mineralization consistent with the interpreted Venise Breccia system. As part of the Company's multi-element geochemical evaluation, the Venise Breccia drill samples were also analyzed for additional critical metals. The initial results have identified consistent gallium enrichment associated with the mineralized breccia system. Gallium is recognized as a strategic critical mineral due to its importance in advanced semiconductor and defense-related applications. The Company is undertaking additional mineralogical studies to better understand gallium deportment, mineral association and potential recovery pathways. No economic contribution from gallium has been included in the current Preliminary Economic Assessment and additional studies are required to determine whether gallium may represent a future by-product opportunity. The discovery of the Venise Breccia is being advanced as part of Allied's fully funded 20,000-metre exploration and development drilling program at the Borralha Property, currently the largest drilling campaign undertaken on the project in recent decades. Six drilling rigs are currently operating across the property, with a seventh rig expected to be mobilized shortly. The assay results have confirmed several high-grade tungsten intervals distributed throughout the breccia, including near-surface and deeper mineralized zones. In addition, significant molybdenum mineralization was identified over broader intervals, supporting the interpretation of a multi-phase W-Mo system. Reported intervals represent down-hole lengths. True widths are currently unknown and will be refined as additional drilling and geological modelling are completed. Recent Insider Transactions • May 17
CEO & Director recently bought CA$52k worth of stock On the 14th of May, George Bonnell bought around 25k shares on-market at roughly CA$2.08 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. George has been a buyer over the last 12 months, purchasing a net total of CA$159k worth in shares. Announcement • Apr 26
Allied Critical Metals Inc. announced that it expects to receive $25 million in funding Allied Critical Metals Inc. has announce to issue a non-brokered private placement offering of 12,195,122 common shares at a price of $2.05 per share with an existing strategic investor and a new strategic investor for gross proceeds of U.S.$25,000,000. In addition to the Offering, the Existing Strategic Investor has also agreed to provide the Company with U.S.$15,000,000 in project financing to build the Company's Villa Verde pilot project and has entered into an off-take agreement with the Company for 50% of the tungsten concentrates produced at the Pilot Plant. The Off-Take Agreement is subject to a floor price of U.S.$1,000/mtu for the calendar year 2026, subject to customary price revisions. The number of Shares to be issued will be issued in accordance with the policies of the CSE. The Shares will be subject to the hold periods required by applicable securities laws. The New Strategic Investor will invest U.S.$15,000,000 of the Offering, subject to due diligence and other customary closing conditions. The Existing Strategic Investor has agreed to back-stop the entire Offering with the first tranche of U.S.$10,000,000 closing immediately, subject to approval of the CSE, and the remaining U.S.$15,000,000 of the Offering closing by July 17, 2026.The Offering is subject to approval of the CSE. 
