Steadright Critical Minerals Secures Strategic Partnerships and Expands Geopolitical Footprint
Steadright Critical Minerals Inc. (CSE: SCM) announced a series of moves that position the company for accelerated growth in the critical‑minerals sector. On October 20 and 21, 2025, the company formalized an engagement with Craft Capital Management LLC, a New York‑based broker‑dealer regulated by FINRA and the SEC, and signed a memorandum of understanding (MOU) for the Goundafa polymetallic mine in Morocco.
Craft Capital Partnership
The partnership with Craft Capital Management—reported by InvestingNews, StockWatch, and The News Wire—provides Steadright with access to a sophisticated U.S. capital‑raising network. Craft’s regulatory compliance and established relationships in the U.S. equity markets enable the company to pursue additional financing rounds, potentially easing capital constraints as it moves toward production‑phase projects. The engagement is expected to streamline underwriting, improve investor outreach, and enhance liquidity for Steadright’s CAD‑quoted shares, which closed at CAD 0.29 on October 19, 2025, within a 52‑week range of CAD 0.03 to CAD 0.30.
Morocco MOU for Goundafa Mine
In a complementary development, Steadright signed an MOU with Moroccan authorities to acquire the Goundafa mine—a polymetallic complex featuring copper, lead, zinc, silver, and gold. The deal, highlighted by ceo.ca, signals a strategic expansion into a high‑grade deposit that aligns with global demand for diversified critical‑metal portfolios. The MOU lays the groundwork for due‑diligence, permitting the company to evaluate resource estimates, environmental compliance, and infrastructure requirements.
Strategic Implications
Capital Access
Craft Capital’s involvement opens U.S. market avenues, potentially reducing reliance on Canadian‑domiciled financing and broadening the shareholder base.Portfolio Diversification
The Goundafa MOU adds a multi‑metal asset to Steadright’s portfolio, mitigating commodity concentration risk and positioning the company to supply metals critical for green‑technology supply chains.Geopolitical Leverage
Operating in Morocco offers political stability and proximity to European markets, enhancing the company’s attractiveness to investors seeking low‑risk, high‑return opportunities in North Africa.
Forward‑Looking Outlook
With a market capitalization of approximately CAD 8.7 million and a proven track record of securing high‑profile partnerships, Steadright is poised to transition from exploration to development. The Craft Capital relationship is expected to catalyze a capital‑raising cycle that will fund feasibility studies and early‑stage infrastructure at Goundafa. Successful execution of these initiatives will likely lift the company’s share price, currently hovering near its 52‑week low, as market participants anticipate the monetization of a diversified metal stack.
Steadright’s next milestones will revolve around:
- Finalizing financing terms with Craft Capital.
- Completing technical and environmental assessments for Goundafa.
- Initiating permitting processes in Morocco.
If these steps progress without delay, Steadright could emerge as a key supplier of copper, lead, zinc, and precious metals for the burgeoning clean‑tech sector, thereby reinforcing its valuation and long‑term growth trajectory.
