Critical One Energy Upsizes Flow-Through Financing to C$1.43 Million for Exploration Push

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

Critical One Energy Inc. has closed an upsized non-brokered flow-through private placement, issuing 1,430,000 flow-through shares at C$1.00 each for gross proceeds of C$1.43 million, above its earlier C$1.25 million target. The company paid C$75,000 in finder’s fees and issued 75,000 finder’s warrants exercisable at C$1.50 for 18 months, and plans to apply the proceeds to qualifying Canadian exploration expenses tied to critical mineral mining, particularly supporting its antimony-gold exploration efforts in Canada. All securities are subject to a four-month-plus-one-day hold period, and Critical One also plans a further flow-through placement of up to 300,000 shares to raise as much as C$300,000 on similar terms, reinforcing its funding base for exploration in a tightening market for critical minerals.

More about Madison Metals, Inc.

Critical One Energy Inc. is a forward-focused critical minerals and upstream energy company targeting materials that underpin clean energy and advanced technologies. Its flagship Howells Lake Antimony-Gold Project in Canada provides exposure to antimony, a high-demand critical mineral, and gold, while the company also holds uranium investment interests in Namibia. Leveraging technical, managerial and financial expertise, Critical One aims to build and upgrade high-value mineral projects to tap rising global demand and generate shareholder value.

Average Trading Volume: 114,799

Technical Sentiment Signal: Buy

Current Market Cap: C$35.13M

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