Allied Critical Metals closes C$2.05-share private placement tranche for gross proceeds of US$15 million

• Allied Critical Metals closed a second tranche of its previously announced private placement, raising US$ 15 million from Tribeca Investment Partners.
• Issued 10,317,073 common shares at C$ 2.05 per share; shares carry a four-month-and-one-day hold period.
• Net proceeds earmarked for the Vila Verde pilot project, Borralha tungsten exploration and development, working capital.
• Clarus Securities received a 5% cash commission, broker warrants equal to 5% of shares sold, exercisable at C$ 2.05 for 24 months.

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