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Financings

Critical Infrastructure Technologies: Financial Position Strengthened

By The Northwire Desk — AI Analysis Feb 17, 2026 · 09:01 CTTT · 0.39 Critical Infrastructure Technologies Ltd.
CTTT · Price

Executive Summary

  • CiTech received $973,685 from the exercise of 3,245,619 warrants at $0.30 each.
  • The company also secured a $395,600 deposit (30% of purchase price) from Critical Metals Corp. for the sale of a Nexus 20 platform to be deployed on the Tanbreez Project in Greenland.
  • The combined $1.37 M cash infusion strengthens CiTech’s balance sheet and funds the completion of five Nexus units under construction and its international expansion plans.

Key Details

  • Warrant Exercise: 3,245,619 warrants exercised at $0.30 per warrant → $973,685 cash received.
  • Deposit from Critical Metals Corp.: $395,600, representing a 30% deposit toward the sale of one Nexus 20 platform.
  • Purpose of Funds:
  • Complete build‑out of five Nexus units currently under construction.
  • Accelerate manufacturing program and fulfil existing customer demand.
  • Support global market development for autonomous telecommunications and surveillance platforms.
  • CEO Statement (Brenton Scott): “With the injection of these funds, we are financially well placed to complete the build of the five Nexus units currently under construction and escalate our international expansion.”
  • Transaction Context: The Nexus 20 platform will be deployed to Critical Metals Corp.’s Tanbreez Project in Greenland, enhancing the buyer’s communications capability for its rare‑earth mining operation.

Notable Quotes

  • “The injection of capital strengthens the company’s ability to accelerate current production and international growth initiatives.” – Brenton Scott, CEO & Director, CiTech.
Read the original news release →

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