Desk · Exploration · Mixed basket
CSE:USCM · USCMF · OTCQB
US Critical Metals
Sold its Sheep Creek (Montana) REE participation in Feb 2026 for $1m plus equity in the private operator. What remains is lithium-cobalt-copper optionality. On the desk as a cautionary — the ticker outlived the REE.
Stalled
Pulse Timeline
Isoelectric line is the baseline Pulse. Spike height is catalyst strength. Wide gaps or a flat line = stalled progress / life support.
- 1) 02-03 Beat
- 2) 01-01 Beat
- 3) 01-01 Listing
Lead II · 25 mm/s · Pulse 10 mm/mV · snapshot 2026-08-22
Life support
Isoelectric. No material beat in the window. A listing is not vitality.
- Last beat
- 200d
- Beats / 90d
- 0
- Recent gap
- —
0 beats in 180d
- — Last material beat 200d ago — Sold Sheep Creek participation rights.
- — Next: A remaining asset that is actually rare earths — or a clean pivot (132d).
Trading
- Last
- C$0.140
- 1d
- +2.1%
- Mkt cap
- $8.0M
- Volume
- 104k
- 52-week
- C$0.08 – C$0.40
- 1m
- —
- 3m
- —
- 1y
- —
Shares — · snapshot, not a live tape
Company & people
HQ
Vancouver, BC
Focus
Mixed basket · Processor / no mine
CEO US Critical Metals management
- CSE critical-metals board
Mine / project
Flagship
Clayton Ridge Li (NV) / Haynes Co (ID) — Sheep Creek sold
Location
Nevada / Idaho (Sheep Creek rights sold to private US Critical Materials) · United States
Deposit
No remaining REE project the desk will underwrite
Resource
Sheep Creek high-grade carbonatite samples were the original pulse. Those rights were sold 3 Feb 2026. Residual shares in the private company are not a mine.
Radioactivity
n/a (no mine)
Capital, loans, grants & support
None the desk is willing to count yet.
The Pulse
The anti-pulse, with a US ticker. Sheep Creek is a private-company story now. USCMF still trades like a REE name. It is not. Kept visible so the grab-list does not fool the desk.
CSE:USCM + OTCQB:USCMF ~US$0.10. Listing path is irrelevant. They sold the REE.
Next: 1 Jan 2027 — A remaining asset that is actually rare earths — or a clean pivot
Nasdaq path
Home listing is not Nasdaq. Bid price, registration, and a real asset gate are.
- 01 · DoneCSE listing
Primary listing USCM.
- 02 · DoneOTCQB (USCMF)
US venture tape still trades ~US$0.10 on 104k shares — as if the REE were still theirs.
- 03 · LiveDTC eligibility
OTCQB.
- 04 · GapUS holder tape
The tape has not noticed they sold Sheep Creek.
- 05 · NextRemaining REE — or a clean pivot1 Jan 2027
Sheep Creek rights sold 3 Feb 2026. Residual private-company shares are not a mine.
- 06 · GapSEC registration
Irrelevant. They sold the REE.
- 07 · GapNasdaq $4 bid
USCMF ~US$0.10.
- 08 · GapNasdaq application
No. The listing path died with the project.
Catalysts
- 3 Feb 2026Sold Sheep Creek participation rights other
Desk note
Stays on this device. Not the press release.
Pulse = Catalyst proximity + government/strategic support + Nasdaq-path / listing signals + valuation & execution + stage progress. Method