Critical One Energy closes CDN$ 1.1 million flow-through private placement tranche at CDN$ 1.1/share

Reuters2026/08/14 21:16

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Critical One Energy closed a second-tranche, non-brokered flow-through private placement raising CDN$1.1 million at CDN$1.1 per share.
Financing completes a larger issuance of 6,116,910 flow-through shares for total gross proceeds of CDN$6.73 million.
Paid CDN$66,000 in finder’s fees; issued 60,000 finder’s warrants exercisable at CDN$1.65 for 18 months.
Proceeds earmarked for eligible Canadian exploration expenses that qualify as flow-through mining expenditures under Canada’s Income Tax Act.
All securities issued in the offering carry a four-month, one-day hold period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Critical One Energy Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608141715NEWSFILECNPR____20260814_309744_1) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Critical One Energy closes CDN$ 1.1 million flow-through private placement tranche at CDN$ 1.1/share

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