Vancouver, British Columbia–(Newsfile Corp. – October 7, 2025) – US Critical Metals Corp. (CSE: USCM) (OTCQB: USCMF) (FSE: 0IU) (“USCM” or the “Company”), together with its wholly owned subsidiary US Energy Metals Inc. (“USEM”), is pleased to announce that it has entered into an amending agreement (the “Amendment”) with Live Energy Minerals Corp. (“LIVE”) and Lithium Valley Holdings Corp. (“LVH”) to restructure the terms of the previously-announced Exploration and Option to Enter Joint Venture Agreement dated September 15, 2023 (the “Original Agreement”) (see full press release, here). The Amendment provides USCM with a clear path to acquire a 100% ownership interest in the McDermitt East Lithium Project (the “Project” or “McDermitt East”), located in the McDermitt Caldera, one of the largest lithium districts in North America.1 The McDermitt Caldera is anchored by the Thacker Pass Project, currently being constructed by Lithium Americas.
This excerpt is quoted from the original release. Read the full announcement on Newsfile Corp.
Brief Summary
US Critical Metals Corp. (**USCM**) is excited to announce significant developments regarding the McDermitt East Lithium Project. The amending agreement with Live Energy Minerals Corp. and Lithium Valley Holdings Corp. will facilitate the acquisition of a **100% ownership interest** in the project.
- Project Location: McDermitt Caldera, a prime lithium district.
- Ownership Acquisition: Clear path to full ownership.
- Strategic Partners: Collaboration with LIVE and LVH.
- Market Potential: Positioned within a crucial lithium source area.
Why it matters: This acquisition positions **USCM** for significant growth in the expanding lithium market, essential for energy storage and electric vehicle production.
Read the Full Article
This is a summary of the press release. For the complete article and any additional details, please visit the original source.
Attribution: Original press release by Newsfile Corp on . We provide an AI-generated summary and links for convenience. Always verify details with the original source. Not investment advice. For informational purposes only.