TORONTO, June 12, 2025 - Critical One Energy Inc., previously known as Madison Metals Inc., has announced an acquisition agreement with Dark Star Minerals Inc. Under the agreement, Dark Star will acquire 100% of Critical One's interests in the Khan and Cobra Uranium Projects located in Namibia's Erongo uranium province. This strategic divestment, attributed to a shift in Critical One's critical metals strategy, will allow the company to focus on the Howells Lake Antimony-Gold Project. The divestment is structured through staged cash payments and the issuance of common shares over two years, with Critical One receiving an initial US$10,000 and 200,000 common shares of Dark Star. The definitive agreement is expected to be signed within 60 days, following regulatory approvals.
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