Critical One Energy Up After Raising $3 Million in a Private Placement of Share Units-February 2024-www.financetom.com

Critical One Energy Up After Raising $3 Million in a Private Placement of Share Units

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Critical One Energy Up After Raising $3 Million in a Private Placement of Share Units

Aug 27, 2025 9:57 AM

12:37 PM EDT, 08/27/2025 (MT Newswires) -- Critical One Energy ( MMTLF ) shares were last seen up 5.2% after the company on Wednesday closed its oversubscribed, non-brokered financing and issued five-million units at $0.60 apiece for $3 million.

Each unit consists of a share and a 1.5-year warrant to buy a share for $1.00.

Proceeds are expected to be used for exploration activities on its Howells Lake Antimony-Gold Project, and for general and administrative expenses.

Shares of the company were last seen up $0.03 to $0.61 on the Canadian Securities Exchange.

Price: 0.61, Change: +0.03, Percent Change: +5.17

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