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Critical One Energy Inc. Upsizes Private Placement to Boost Exploration

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Critical One Energy Inc. Upsizes Private Placement to Boost Exploration

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An update from Madison Metals, Inc. ( (TSE:CRTL) ) is now available.

Critical One Energy Inc. announced an upsized non-brokered private placement offering of up to 1,250,000 flow-through common shares at CDN$1.00 per share, aiming to raise CDN$1,250,000. The proceeds will be used for exploration expenses eligible as ‘Canadian exploration expenses’ under the Income Tax Act. This move is expected to enhance the company’s exploration capabilities and strengthen its position in the critical minerals sector.

More about Madison Metals, Inc.

Critical One Energy Inc. (formerly Madison Metals Inc.) is a Canadian mining exploration company focused on critical minerals and metals, essential for clean energy and advanced technologies. The company is strategically positioned with projects like the Howells Lake Antimony-Gold Project in Canada and uranium investments in Namibia, Africa, to meet the rising global demand for these resources.

Average Trading Volume: 117,341

Technical Sentiment Signal: Buy

Current Market Cap: C$39.35M

For detailed information about CRTL stock, go to TipRanks’ Stock Analysis page.

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