THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / June 25, 2025 / Stillwater Critical Minerals Corp. (TSX.V:PGE)(OTCQB:PGEZF)(FSE:J0G), (the "Company" or "Stillwater") is pleased to announced that it has closed the first tranche (the "First Tranche") of its previously announced "best efforts" private placement (the "Offering") for total gross proceeds of C$3,479,164 from the sale of 15,126,802 units of the Company (each, a "Unit") at a price of C$0.23 per Unit (the "Offering Price"). Red Cloud Securities Inc. ("Red Cloud") acted as sole agent and bookrunner in connection with the Offering. Each Unit consists of one common share of the Company (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant").