Critical One Announces $2.0 Million Non-Brokered Private Placement

Group 1 - Critical One Energy Inc. has arranged a private placement financing of up to 3,400,000 units at a price of CDN$0.60 per unit, aiming for gross proceeds of up to CDN$2,040,000 [1][2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of one common share at CDN$1.00 for 18 months [2] - The offering is expected to close on or about August 18, 2025, pending necessary regulatory approvals [3] Group 2 - Proceeds from the offering will be allocated to activities related to the Howells Lake Antimony Gold Project, including verification drilling and permitting, as well as strengthening the company's balance sheet [3] - The Board of Directors has undergone changes, with Duane Parnham, Roger Laine, Shawn Parnham, and Chet Idziszek now serving, while Suzanne Wood and Victoria Donato were not re-elected [4] - Critical One Energy Inc. focuses on critical minerals and upstream energy, with a strategic position to meet the rising global demand for critical minerals, particularly through its antimony-gold exploration in Canada and uranium interests in Namibia [5]