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Critical One Energy Announces CDN$1,000,000 Flow-Through Private Placement
Toronto, Ontario--(Newsfile Corp. - December 12, 2025) - Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) (formerly Madison Metals Inc.) ("Critical One" or the "Company"), a leading Canadian mining exploration company focused on critical metals and minerals, is pleased to announce that it intends to complete a non-brokered private placement offering of up to 1,000,000 flow-through common shares ("FT Shares") at a price of CDN$1.00 per FT Share, for gross proceeds of up to...
About this update from Critical One Energy Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - December 12, 2025) - Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) (formerly Madison Metals Inc.) ("Critical One" or the "Company"), a leading Canadian mining exploration company focused on critical metals and minerals, is pleased to announce that it intends to complete a non-brokered private placement offering of up to 1,000,000 flow-through common shares ("FT Shares") at a price of CDN$1.00 per FT Share, for gross proceeds of up to CDN$1,00,000 (the "Offering").","length":572,"tagName":"p"},{"type":"text","content":"The Company may pay finder's fees on a portion of the Offering to eligible finders in the form of (i) a cash commission of up to 6.0% of the gross proceeds raised under the Offering, and (ii) common share purchase warrants of the Company ("Finder's Warrants") in an amount up to 6.0% of the FT Shares issued under the Offering. Each Finder's Warrant will be exercisable to purchase one common share in the capital of the Company at a price of $1.50 per common share for a period of eighteen (18) months from the date of closing.","length":550,"tagName":"p"},{"type":"text","content":"The Company intends to use the gross proceeds from the sale of the FT Shares to incur exploration expenses that are eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Income Tax Act (Canada).","length":302,"tagName":"p"},{"type":"text","content":"The Offering is scheduled to close on or about December 19, 2025. All securities issued pursuant to the Offering described above will be subject to a four-month and one-day hold period.","length":185,"tagName":"p"},{"type":"text","content":"About Critical One Energy Inc.","length":30,"tagName":"p"},{"type":"text","content":"Critical One Energy Inc. (formerly Madison Metals Inc.) is a forward-focused critical minerals and upstream energy company, powering the future of clean energy and advanced technologies. The Howells Lake Antimony-Gold Project focuses the Company's exposure on antimony, one of the most in-demand critical minerals, as well as gold, which is known to occur at numerous locations on the Howells Lake Project. Backed by seasoned management expertise a...