01:51 PM EDT, 10/21/2025 (MT Newswires) -- Critical One Energy ( MMTLF ) , down 13% on last look, on Tuesday said it raised $7.65 million in an over-subscribed private placement of tax-advantaged shares.

The company issued a total of 7.65-million flow-through shares at $1.00 each.

Proceeds will be used for exploration expenses.

Critical One shares were last down $0.17 to $1.12 on the Canadian Securities Exchange.

Price: 1.12, Change: -0.17, Percent Change: -13.18