Steadright Critical Minerals Options 75% of Péribonka REE-Niobium Target in Québec

Highlights

• Steadright (CSE: SCM) has optioned up to 75% of the 37-claim Péribonka REE-niobium project in Québec's Saguenay Graben district
• The project features an undrilled magnetic anomaly at 30–60 meters depth near the producing Niobec niobium mine, but has no drill results, resource estimate, or confirmed mineralization
• REEx identifies five critical gates before Péribonka reaches strategic relevance: geology, grade and basket quality, metallurgy, project economics, and governance concerns
• Steadright must spend at least C$400,000 by October 30, 2027 or claims revert to vendors, making the exploration program the key near-term catalyst
• CEO Matt Lewis disclosed an indirect interest in partner CFM, and a Steadright consultant's family controls CFM, raising arm's-length scrutiny