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Madison Metals, Inc. ( (TSE:CRTL) ) has issued an announcement.
Critical One Energy Inc. has finalized the sale of its uranium assets to Dark Star Minerals Inc., involving a series of cash and share payments. This agreement allows Dark Star to acquire full interest in the Khan and Cobra Uranium Projects in Namibia, with Critical One receiving a 2% royalty on future production. The deal is expected to accelerate exploration and development in Namibia, enhancing Critical One’s strategic positioning in the uranium sector.
More about Madison Metals, Inc.
Critical One Energy Inc. (formerly Madison Metals Inc.) is a company focused on critical minerals and upstream energy, aiming to support the future of clean energy and advanced technologies. The company has expanded its portfolio to include the Howells Lake Antimony-Gold Project, enhancing its exposure to antimony, a highly demanded critical mineral. With a strong management team and valuable resource assets, Critical One is strategically positioned to meet the increasing global demand for critical minerals and metals, particularly through its antimony-gold exploration in Canada and uranium investments in Namibia, Africa.
Average Trading Volume: 95,529
Technical Sentiment Signal: Buy
Current Market Cap: C$21.43M
For an in-depth examination of CRTL stock, go to TipRanks’ Overview page.