Canadian Critical Minerals Inc. announced that it has executed a Facilities Agreement with British Columbia Hydro and Power Authority for its Bull River Mine project near Cranbrook, British Columbia. The FA was completed following a Facilities Study ("FS") by BCH to define interconnection requirements and establish a timetable for BCH's ability to meet the Company's proposed service date. The reconnection is scheduled to be completed on or before June 30, 2023.

The BRM project is currently connected to BCH through a 12.47kV service line which provides up to 2,000 kVA in contract demand which is sufficient to continue with care and maintenance activities including dewatering of the underground mining infrastructure. Under the new FA, BCH will reconnect the Company to an existing 66kV transmission line which will provide up to 5,000 kVA in contract demand the property. The increased demand is required for the Company to restart the mill and resume underground mining operations.

The new transmission interconnection provides for reductions in energy and demand charges relative to the current unit rates. BCH's estimate for system reinforcements and revenue metering associated with the reconnection is $150,000. The cost estimate has an accuracy range of +35%/-15%.