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Critical One Energy Announces Closing of CDN$300,000 Flow-Through Private Placement
Toronto, Ontario--(Newsfile Corp. - December 24, 2025) - Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF) ("Critical One" or the "Company") ("Critical One" or the "Company") is pleased to announce that it has closed a non-brokered private placement offering of 300,000 flow-through common shares ("FT Shares") at a price of CDN$1.00 per FT Share, for gross proceeds of CDN$300,000 (the "Offering"), as previously announced in the Company's press release dated December 19, 2025.In...
About this update from Critical One Energy Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - December 24, 2025) - Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF) ("Critical One" or the "Company") ("Critical One" or the "Company") is pleased to announce that it has closed a non-brokered private placement offering of 300,000 flow-through common shares ("FT Shares") at a price of CDN$1.00 per FT Share, for gross proceeds of CDN$300,000 (the "Offering"), as previously announced in the Company's press release dated December 19, 2025.","length":566,"tagName":"p"},{"type":"text","content":"In connection with the Offering, the Company paid an aggregate of CDN$18,000 in finder's fees, and issued 18,000 common share purchase warrants of the Company ("Finder's Warrants"). Each Finder's Warrant is exercisable to purchase one common share in the capital of the Company at a price of CDN$1.50 per common share for a period of eighteen (18) months from the date of closing.","length":402,"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":"All securities issued pursuant to the Offering described above will be subject to a four-month and one-day hold period.","length":119,"tagName":"p"},{"type":"text","content":"About Critical One Energy Inc.","length":30,"tagName":"p"},{"type":"text","content":"Critical One Energy 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 and prime resource assets, Critical One is strategically positioned to meet the rising global demand for critical minerals and metals. Its mine exploration portfolio is led by antimony-gold exploration potential in Canada and uranium investment interes...