M&A / Property
Dark Star cancels option agreement with Critical

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Executive Summary
- Dark Star Minerals Inc. has entered into a termination agreement with Critical One Energy Inc. to end their August 7, 2025 option and property acquisition agreement.
- As part of the termination, Critical One Energy Inc. will return 14.2 million common shares of Dark Star Minerals Inc. that were previously issued under the original agreement.
- The terminated agreement originally granted Critical One an option to acquire a 100% interest in multiple exclusive prospecting and mining licenses located near the Rossing uranium mine in Namibia.
Key Details
- Parties: Dark Star Minerals Inc. and Critical One Energy Inc.
- Terminated Agreement: Option and property acquisition agreement dated August 7, 2025.
- Assets Subject to Termination:
- Exclusive prospecting licences 7011, 8115, and 8531 (located near the Rossing uranium mine in Namibia)
- Critical One's 16% indirect interest in mining licence 86A and exclusive prospecting licence 8905
- Share Return: Critical One agreed to return an aggregate of 14.2 million common shares of Dark Star Minerals Inc.
- Transaction Status: Agreement terminated; share return process initiated.
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