tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Critical One Energy Raises CDN$7.65 Million in Oversubscribed Financing

Story Highlights
Critical One Energy Raises CDN$7.65 Million in Oversubscribed Financing

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Madison Metals, Inc. ( (TSE:CRTL) ) just unveiled an announcement.

Critical One Energy Inc. announced the successful closure of an oversubscribed private placement, raising CDN$7.65 million through the issuance of 7,650,000 flow-through common shares. The funds will be used for Canadian exploration expenses, qualifying as flow-through critical mineral mining expenditures. This financing strengthens Critical One’s position in the critical minerals market, supporting its strategic focus on antimony and gold exploration in Canada and uranium interests in Namibia.

More about Madison Metals, Inc.

Critical One Energy Inc., formerly known as Madison Metals Inc., is a Canadian mining exploration company focused on critical minerals and upstream energy. The company is strategically positioned to meet the rising global demand for critical minerals and metals, with a focus on antimony and gold exploration in Canada and uranium investment interests in Namibia, Africa.

Average Trading Volume: 160,211

Technical Sentiment Signal: Buy

Current Market Cap: C$45.32M

See more data about CRTL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1