Business
Critical Infrastructure Technologies: Financial Position Strengthened
Key Highlights $973,685 received from the exercise of Warrants $395,600 deposit received from Critical Metals Corp. VANCOUVER, BC - February 17, 2026 (NEWMEDIAWIRE) - Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) ("C...
About this update from Critical Infrastructure Technologies Ltd.
[{"type":"text","content":"Key Highlights","length":14,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"$973,685 received from the exercise of Warrants","length":47,"tagName":"p"}]},{"val":[{"type":"text","content":"$395,600 deposit received from Critical Metals Corp.","length":52,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":99,"olType":false},{"type":"text","content":"VANCOUVER, BC - February 17, 2026 (NEWMEDIAWIRE) - Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) ("CiTech" or the "Company"), a leading developer of autonomous, high-capacity mobile communications and security platforms, is pleased to a significant strengthening of its financial position following the successful exercise of company warrants and a deposit received from Critical Metals Corp. relating to the sale of a Nexus 20 platform.","length":489,"tagName":"p"},{"type":"text","content":"A total of 3,245,619 warrants has been exercised at $0.30, resulting in $973,685 in new funds received by CiTech.","length":113,"tagName":"p"},{"type":"text","content":"In addition, CiTech has received $395,600, representing a 30% deposit, for the sale of a Nexus 20 platform to Critical Metals Corp. The unit will be deployed to Critical Metals Corp's Tanbreez Project in Greenland.","length":218,"tagName":"p"},{"type":"text","content":"CiTech Chief Executive Officer Brenton Scott said the injection of capital strengthens the company's ability to accelerate current production and international growth initiatives.","length":183,"tagName":"p"},{"type":"text","content":""With the injection of these funds, we are financially well placed to complete the build of the five Nexus units currently under construction and escalate our international expansion," said Mr Scott.","length":209,"tagName":"p"},{"type":"text","content":"The additional capital will support CiTech's manufacturing program, fulfilment of existing customer demand, and continued global market development for its autonomous telecommunications and surveillance platforms.","length":217,"tagName":"p"},{"type":"text","content":"On Behalf of the Board of Directors:","length":36,"tagName":"p"},{"type":"text","content":"Brenton ScottDirector & Chief Executive OfficerCritical Infrastructure Technologies [email protected]+61 411 751 1...