Critical One Energy Announces Closing of CDN$300,000 Flow-Through Private Placement

Executive Summary

• Critical One Energy Inc. closed a non‑brokered private placement of 300,000 flow‑through common shares at CDN $1.00 per share, raising gross proceeds of CDN $300,000.
• The company paid CDN $18,000 in finder’s fees and issued 18,000 common share purchase warrants (exercise price CDN $1.50, 18‑month term).
• Proceeds are earmarked for eligible Canadian exploration expenses related to the Howells Lake Antimony‑Gold Project.

Key Details

• Offering size: 300,000 flow‑through common shares (“FT Shares”).
• Price per FT Share: CDN $1.00.
• Gross proceeds: CDN $300,000.
• Finder’s fees paid: CDN $18,000.
• Warrants issued: 18,000 Finder’s Warrants, each exercisable for one common share at CDN $1.50 per share; term of 18 months from closing.
• Use of proceeds: To fund Canadian exploration expenses that qualify as “flow‑through critical mineral mining expenditures” under the Income Tax Act (Canada).
• Holding period: All securities issued are subject to a four‑month and one‑day hold period.
• Closing date: As previously announced in the company’s press release dated December 19, 2025.

Notable Quotes

(No direct quotes were included in the release.)