Critical One Closes Private Placement

  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that, further to the press release issued on June 9, 2025, the Company has closed its non-brokered financing and issued 2,500,000 units (the “Units”) at a price of CDN$0.40 per Unit for aggregate gross proceeds of CDN$1,000,000 (the “Private Placement”). Each Unit consists of one (1) common share in the capital of the Company (a “Common Share”) and one-half (1/2) common share purchase warrant (each whole common share purchase warrant, a “Warrant”).