Critical One Energy Inc. is pleased to announce that it has arranged a private placement financing consisting of the sale of up to 5,000,000 units in the capital of the Company at a price of CDN$0.20 per Unit for aggregate gross proceeds of up to CDN$1,000,000 . Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each full Warrant entitles the holder [...]
Critical One Energy announces the appointment of Chet Idziszek as an independent Board member, effective immediately. "We are pleased to welcome Chet Idziszek to our team," said Duane Parnham, Executive Chairman and CEO of Critical One. "Chet has deep experience and insight regarding our Howells Lake Antimony Gold Project as the former chief geologist overseeing all aspects of the exploration. He will be invaluable as we [...]
Critical One Energy is announcing the expiration of its previously announced deal with Star Minerals Limited to earn into Exclusive Prospecting Licence 8531 at Madison North near the world-renowned Rossing Uranium Mine. Under the terms of the agreement announced on Sept 19, 2024, Star Minerals had the opportunity to earn up to a 51% interest in the Cobra Uranium Project through staged cash payments, the issuance of common [...]
Critical One Energy is announcing that, at the request of the Company, PKF Antares Professional Corporation, Chartered Professional Accountants has resigned as auditors of the Company effective Feb 11, 2025. The Company has appointed and engaged Horizon Assurance LLP, Chartered Professional Accountant of Markham, Ontario, as auditors for the Company effective Feb 11. There were no reservations in the Former Auditor's [...]
Critical One Energy Inc. is pleased to announce that, further to its press releases dated September 19, 2024, December 10, 2024 and January 13, 2025, it has issued an aggregate of 3,181,532 common shares at a price of CDN$0.30 per Common Share in connection with the transactions described below. Further to its press release dated January 13, 2025, as partial consideration for acquiring a 100% interest in a large [...]
Critical One Energy Inc. announces that, further to its news release dated December 2, 2024, it has entered into definitive purchase and sale agreements with Bounty Gold Corp. and a second agreement with several vendors to acquire 100% interest in a large, belt-scale antimony-gold project covering 13,990.90 hectares over 697 claims. The Howells Lake Antimony Gold Project is located in the Howells Lake area in the Thunder [...]
Critical One Energy is pleased to share the results of initial metallurgical test work at its Khan Uranium Project at Madison West in Namibia’s highly prospective Erongo uranium province. The results demonstrate excellent uranium recovery rates and low acid consumption, reinforcing the project’s potential as a high-quality, cost-efficient uranium asset. Highlights of the Metallurgical Test Work: Uranium Recovery: Initial [...]
Critical One Energy announces a variation to its Earn-In and Exploration Rights Agreement with Star Minerals. This amendment enhances payment flexibility while preserving the strategic interests of both parties. Under the revised terms, Star Minerals has paid US$75,000 and issued US$200,000 in Star Shares and Performance Shares, as part of the First Payment. In total, Critical One has received: 1. 5,227,118 Ordinary [...]
Madison Metals is pleased to announce its corporate name change to Critical One Energy Inc. effective as of Monday, December 16, 2024. Concurrently, the Company's trading symbol will change to "CRTL" on the CSE. The Company's trading symbols on the OTC Markets and Frankfurt Stock Exchange will remain unchanged, although the Company plans to update its symbol on the OTCQB's Venture Market at a later date. The Company's [...]
Madison Metals is pleased to announce that it intends to complete a private placement financing consisting of the sale of up to 6,000,000 units in the capital of the Company at a price of CDN$0.30 per Unit for aggregate gross proceeds of up to CDN$2,000,000. Each Unit consists of one common share and one-half common share purchase warrant. Each full Warrant entitles the holder thereof to purchase one Common Share in the [...]
Madison Metals Inc. is pleased to announce it has significantly increased its presence in the critical minerals sector by signing binding letters of intent with three separate entities to acquire 100% interest in a large, belt-scale antimony-gold project covering 13,990.90 hectares over 697 claims. The Howells Lake Antimony Gold Project is located in the Howells Lake area in the Thunder Bay Mining Division of Ontario [...]
Madison Metals Inc. announces that Executive Chairman and CEO Duane Parnham has increased his position in the Company by 35% year to date, through open market purchases and private placements, at an average cost of CDN$0.33 per share. For more details, please refer to Madison's SEDAR+ profile at www.sedarplus.ca. "Madison's management continues delivering on its business strategy of delivering technical excellence from [...]