Core Viewpoint - Critical One Energy Inc. is conducting an upsized non-brokered private placement offering of up to 1,250,000 flow-through common shares at a price of CDN$1.00 per share, aiming for gross proceeds of up to CDN$1,250,000 [1][3]. Group 1: Offering Details - The offering will close on or about December 19, 2025, and all securities issued will be subject to a four-month and one-day hold period [3]. - The company may pay finder's fees of up to 6.0% of the gross proceeds raised, which can include cash commissions and common share purchase warrants [2]. Group 2: Use of Proceeds - Gross proceeds from the sale of FT Shares will be used for exploration expenses that qualify as "flow-through critical mineral mining expenditures" under the Income Tax Act (Canada) [3]. Group 3: Company Overview - Critical One Energy Inc. focuses on critical minerals and upstream energy, particularly in antimony and gold, with projects in Canada and uranium interests in Namibia [4]. - The company is strategically positioned to meet the rising global demand for critical minerals and metals, leveraging its technical, managerial, and financial expertise [4].
Critical One Energy Announces Upsized CDN$1,250,000 Flow-Through Private Placement
TMX Newsfile·2025-12-15 11:50