Critical Reagent Processing Corp. Closes Private Placement
Vancouver, British Columbia — February 9, 2026 — Leads & Copy — Critical Reagent Processing Corp. (CSE: CRPC) (OTC: GRXXF) (Frankfurt: G0A) announced it has closed its non-brokered private placement, further to its news release of January 9, 2026.
The company issued 3,500,000 common shares at $0.0675 per Share, which resulted in gross proceeds of $236,250. No finder’s fees were paid in connection with the Private Placement.
The Shares issued under the Private Placement are subject to statutory hold periods expiring four months from the date of closing of the Private Placement.
Critical Reagent Processing Corp. intends to use the net proceeds of the Private Placement for general working capital.
CRPC has completed its purchase option agreement to acquire up to a 100% interest in the Mina Laguna Santa Maria project. The project consists of two mining concessions licensed for the production of sodium carbonate, known as “Soda Ash.”
According to the option agreement, the Company is now the holder of 100% of No 17.643 Ignacio VI and 86% of No 1.255 Santa Maria. The company has filed documentation to obtain the remaining 14% of No1.255 Santa Maria, located in Salta Province, Argentina.
The 500-hectare property hosts a natural deposit of sodium carbonate, or soda ash, a necessary reagent for the production of lithium carbonate.
The U.S. Geological Survey reported in 2022 that 165,000 tonnes of soda ash were exported from the United States to Argentina, with a value of $US 48 million. CRPC believes the Laguna Santa Maria Project holds a competitive advantage over soda ash importation into Argentina because it is located in the country, in an area of significant lithium carbonate production and project development.
Management is continuing to evaluate the property and market for soda ash in Argentina. Results of a bulk sample chemical evaluation are expected shortly.
Source: Critical Reagent Processing Corp.
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