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Critical One Announces Upsized Non-Brokered Private Placement
Globenewswire· 2025-08-18 20:53
Core Viewpoint - Critical One Energy Inc. announces an upsize to its non-brokered private placement due to strong investor interest in its Howells Lake Antimony-Gold Project, aiming to raise approximately CDN$3,000,000 by issuing up to 5,000,000 units at CDN$0.60 per unit [1][4]. Group 1: Offering Details - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at CDN$1.00 for 18 months [2]. - The offering is scheduled to close on or about August 26, 2025, subject to regulatory approvals, and will have a hold period of four months and one day for the issued securities [3]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to activities related to the Howells Lake Antimony-Gold Project, including verification drilling, permitting, strengthening the balance sheet, pursuing corporate strategies, and general working purposes [4]. Group 3: Company Overview - 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].
Critical One Announces $2.0 Million Non-Brokered Private Placement
Globenewswire· 2025-08-11 21:29
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]
Luxfer: A Nimble Materials Innovator Ready For Stronger Growth
Seeking Alpha· 2025-08-08 01:43
Core Insights - Luxfer Holdings has reached a trough in 2023 and is now moving forward with increased strength, driven by its materials-engineering core and demand from the defense and aerospace sectors, which is being fueled by advanced technologies [1] Company Summary - Luxfer Holdings is leveraging its materials-engineering capabilities to capitalize on growing demand in the defense and aerospace industries [1]
Critical One Provides Clarification Respecting Shareholder Meeting to be held on July 21, 2025
Globenewswire· 2025-07-10 21:40
Group 1 - Critical One Energy Inc. has announced that the resolution to ratify the acts and proceedings of the board of directors will not be put to shareholders for approval due to insufficient details in the Information Circular [1] - The management clarified that there are no acts or proceedings taken by the Board or officers that require shareholder approval, following a request from OSC staff [1] - The Annual General Meeting of shareholders is scheduled for July 21, 2025 [1] Group 2 - Critical One Energy Inc. is focused on critical minerals and upstream energy, aiming to meet the rising global demand for these resources [2] - The company has expanded its portfolio with the Howells Lake Antimony-Gold Project, enhancing its exposure to antimony, a critical mineral in high demand [2] - Critical One is strategically positioned with exploration interests in Canada and uranium investments in Namibia, leveraging its expertise to drive growth and deliver shareholder value [2]
Genpact Unveils GenpactNext Framework and Outlines Medium-Term Targets at 2025 Investor Day
Prnewswire· 2025-06-26 12:05
Core Insights - Genpact is hosting an Investor Day to discuss its growth model and strategic pivot towards AI and advanced technologies [1][2] - The company aims to integrate advanced technologies into its operations to drive business growth for both clients and itself [2] Company Strategy - Genpact's strategy focuses on becoming an AI-first, data-led innovation company [2] - The leadership emphasizes the importance of combining advanced technologies with operational data to enhance service delivery [2] Financial Outlook - The event will include updates on medium-term financial targets and performance for the second quarter and full year 2025 [1] Client Engagement - Presentations will feature testimonials from clients on how Genpact delivers AI-driven value [2]
Critical One Closes Oversubscribed Private Placement and Issues Stock Options
Globenewswire· 2025-04-30 20:15
Group 1 - Critical One Energy Inc. has successfully closed an oversubscribed, non-brokered financing, issuing 6,075,000 units at a price of CDN$0.20 per unit, resulting in gross proceeds of CDN$1,215,000 [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with each full warrant allowing the purchase of one common share at CDN$0.35 for eighteen months [2] - Two directors participated in the financing, contributing a total of CDN$240,000 for 1,200,000 units, which is classified as a related party transaction [3][4] Group 2 - The proceeds from the private placement are intended for exploration activities at the Howells Lake Antimony-Gold Project and for general administrative expenses [6] - The Howells Lake Antimony-Gold Project is located in the Thunder Bay Mining Division of Ontario, Canada [6] - The company has granted stock options for 550,000 common shares to certain management and board members, with an exercise price of CDN$0.45 per share for five years [7] Group 3 - Critical One Energy Inc. is focused on critical minerals and upstream energy, aiming to meet the rising global demand for these resources [8] - The company's exploration portfolio includes antimony-gold projects in Canada and uranium projects in Namibia, Africa [8]