Montana Critical Metals Inc
Regulation Crowdfunding offering on Netcapital · Form C filed October 22, 2026 · Missoula, Montana
Montana Critical Metals is a pre-revenue Missoula company developing a process to recover rare earth and other critical metals from coal fly ash, the waste stored at power plants and landfills. The stated end markets are solar, electronics, semiconductors, defense and medical devices.
Offering terms
- Security
- Common Stock
- Target (minimum)
- $10,000.00
- Maximum
- $1,235,000.00target is 0.8% of maximum
- Price
- $2.00 per unit · 5,000 units at target
- Pricing method
- The price of the Securities was determined solely by the management and bears no relation to traditional measures of valuation such as book value or price-to-earnings ratios.
- Deadline
- January 21, 2027
- Oversubscriptions
- Accepted, first-come, first-served basis
- Intermediary fee
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000.
- Intermediary equity
- Up to 6,175 shares to be issued, along the same terms as investors.
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $0 | $0 |
| Cost of goods sold | $0 | $0 |
| Net income (loss) | -$48,201 | -$11,447 |
| Total assets | $426 | $989 |
| Cash and equivalents | $426 | $989 |
| Accounts receivable | $0 | $0 |
| Short-term debt | $1,843 | $33 |
| Long-term debt | $0 | $0 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 6 employees. Offered in 52 states.
Use of proceeds
At the $1,235,000 maximum: management compensation $247,000, consumables $247,000, conferences $308,750, technicians $123,500, independent testing $123,500, legal $124,735, portal fees $60,515.
Valuation
Not stated; $2.00 per share set by management
Prior raises
$12,403 of common stock sold under Section 4(a)(2) (December 2024); founder capital contributions of about $53,000.
Financial statements
Audit (not a review). FY2025 and FY2024 reports; the FY2024 report carried a going concern emphasis paragraph.