Critical One Energy Arranges Oversubscribed CDN$7.65 Million Flow-Through Private Placement

Core Viewpoint - Critical One Energy Inc. has successfully arranged an oversubscribed private placement offering of up to 7,650,000 flow-through common shares at a price of CDN$1.00 per share, aiming for gross proceeds of up to CDN$7,650,000 to fund exploration activities [1][3]. Group 1: Offering Details - The private placement will involve a cash commission of up to 6.0% of the gross proceeds and common share purchase warrants equivalent to 6.0% of the FT Shares issued [2]. - The offering is scheduled to close on or about October 17, 2025, with all securities subject to a four-month and one-day hold period [5]. Group 2: Use of Proceeds - Proceeds from the sale of FT Shares will be utilized for eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures" as defined in the Income Tax Act (Canada) [3]. Group 3: Exploration Focus - The company's exploration efforts are centered on the Howells Lake Antimony-Gold Project, which also includes exploration for copper, zinc, and other base metals [4]. - The Howells Lake Project is strategically located approximately 200 kilometers from the Ring of Fire corridor in Ontario, Canada [4]. Group 4: Company Overview - Critical One Energy Inc. is focused on critical minerals and upstream energy, particularly in antimony and gold, to meet the rising global demand for these resources [6]. - The company is backed by experienced management and aims to leverage its technical, managerial, and financial expertise to drive growth and deliver value to shareholders [6].