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Critical One Energy Appoints New Chief Financial Officer

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Critical One Energy (OTCQB: MMTLF) has appointed Robert Suttie as its new Chief Financial Officer, effective September 15, 2025. Suttie brings over 25 years of experience, including 10 years in public accounting and 19 years with Marrelli Support Services Inc., where he currently serves as President.

The new CFO specializes in management advisory services and financial disclosure for publicly traded companies, and currently serves as CFO for several junior mining companies listed on major Canadian exchanges. He will oversee financial operations as Critical One advances its Howells Lake Antimony-Gold Project in Ontario and develops uranium assets in Namibia. Suttie replaces outgoing CFO Eric Myung.

[ "Appointment of highly experienced CFO with 25+ years in financial management", "New CFO brings extensive public company and mining sector expertise", "Seamless leadership transition with immediate effectiveness" ]

Critical One Energy (OTCQB: MMTLF) ha nominato Robert Suttie come nuovo Chief Financial Officer, con effetto dal 15 settembre 2025. Suttie apporta oltre 25 anni di esperienza, inclusi 10 anni in contabilità pubblica e 19 anni con Marrelli Support Services Inc., dove ricopre attualmente il ruolo di Presidente.

Il nuovo CFO è specializzato in servizi di advisory gestionale e disclosure finanziaria per società quotate, e ricopre attualmente il ruolo di CFO per diverse aziende minerarie junior quotate su importanti borse canadesi. Superviserà le operazioni finanziarie a misura che Critical One avanza nel Howells Lake Antimony-Gold Project in Ontario e sviluppa attività di uranio in Namibia. Suttie sostituisce il CFO uscente Eric Myung.

Critical One Energy (OTCQB: MMTLF) ha designado a Robert Suttie como su nuevo Director Financiero, con efecto a partir del 15 de septiembre de 2025. Suttie aporta más de 25 años de experiencia, incluyendo 10 años en contabilidad pública y 19 años en Marrelli Support Services Inc., donde actualmente se desempeña como Presidente.

El nuevo CFO se especializa en servicios de asesoría de gestión y divulgación financiera para compañías cotizadas, y actualmente se desempeña como CFO de varias empresas mineras junior listadas en las principales bolsas canadienses. Supervisará las operaciones financieras a medida que Critical One avanza con el Proyecto de Antimonio-Oro de Howells Lake en Ontario y desarrolla activos de uranio en Namibia. Suttie reemplaza al CFO saliente Eric Myung.

Critical One Energy (OTCQB: MMTLF)는 2025년 9월 15일부로 새로운 최고재무책임자(CFO)로 로버트 수티를 임명했습니다. 수티는 25년이 넘는 경력을 보유하고 있으며 그 중 공인회계 분야에서 10년, Marrelli Support Services Inc.에서 19년을 근무했고 현재는 사장으로 재직 중입니다.

신임 CFO는 상장기업을 위한 관리 자문 서비스 및 재무공시 분야에 전문화되어 있으며, 현재 주요 캐나다 거래소에 상장된 여러 주얼 채굴기업의 CFO로 재직 중입니다. 그는 Critical One이 온타리오주 Howells Lake Antimony-Gold Project를 진행하고 나미비아에서 우라늄 자산을 개발하는 동안 재무 운영을 감독하게 될 것입니다. 수티는 떠나는 CFO인 에릭 마잉(Eric Myung)을 대체합니다.

Critical One Energy (OTCQB: MMTLF) a nommé Robert Suttie comme nouveau directeur financier (CFO), à compter du 15 septembre 2025. Suttie apporte plus de 25 ans d'expérience, dont 10 ans en comptabilité publique et 19 ans chez Marrelli Support Services Inc., où il occupe actuellement le poste de Président.

Le nouveau CFO est spécialisé dans les services de conseil en gestion et dans les divulgations financières pour les sociétés cotées, et il est actuellement CFO de plusieurs entreprises minières juniors cotées sur les principales bourses canadiennes. Il supervisera les opérations financières à mesure que Critical One fait progresser son projet Howells Lake Antimony-Gold à Ontario et développe des actifs d'uranium en Namibie. Suttie remplace l'ancien CFO Eric Myung.

Critical One Energy (OTCQB: MMTLF) hat Robert Suttie zum neuen Chief Financial Officer (CFO) ernannt, mit Wirkung zum 15. September 2025. Suttie verfügt über mehr als 25 Jahre Erfahrung, darunter 10 Jahre in der Wirtschaftsprüfung und 19 Jahre bei Marrelli Support Services Inc., wo er derzeit als Präsident tätig ist.

Der neue CFO spezialisiert sich auf Managementberatungsdienste und Finanzoffenlegung für börsennotierte Unternehmen und ist derzeit CFO mehrerer Junior-Mining-Unternehmen, die an großen kanadischen Börsen gelistet sind. Er wird die Finanzoperationen überwachen, während Critical One das Howells Lake Antimony-Gold Project in Ontario vorantreibt und Uran-Assets in Namibia entwickelt. Suttie löst den ausscheidenden CFO Eric Myung ab.

Critical One Energy (OTCQB: MMTLF) عيّنت روبرت سوتي كأول مدير مالي (CFO) لها، اعتباراً من 15 سبتمبر 2025. يجلب سوتي أكثر من 25 عاماً من الخبرة، بما في ذلك 10 سنوات في المحاسبة العامة و19 عاماً مع شركة Marrelli Support Services Inc., حيث يشغل حالياً منصب الرئيس.

يختص المدير المالي الجديد في خدمات الاستشارات الإدارية والإفصاح المالي للشركات المتداولة علنًا، ويشغل حالياً منصب CFO لعدة شركات تعدين صغيرة مدرجة في البورصات الكندية الكبرى. سيشرف على العمليات المالية مع تقدم Critical One في مشروع Howells Lake Antimony-Gold في أونتاريو وتطوير أصول اليورانيوم في ناميبيا. يحل سوتي محل CFO الحالي إريك مايـونغ.

Critical One Energy (OTCQB: MMTLF) 已任命 罗伯特·萨蒂为新任首席财务官(CFO),自2025年9月15日起生效。萨蒂拥有超过25年经验,其中包括10年的公共会计经验以及在Marrelli Support Services Inc.工作的19年,目前担任该公司的总裁。

这位新任CFO专注于为上市公司提供管理咨询服务与财务披露,并且目前担任多家在加拿大主要交易所上市的初级矿业公司CFO。在Critical One推进其在安大略省的Howells Lake Antimony-Gold Project开发及在纳米比亚开发铀资产的过程中,他将监督财务运作。萨蒂接替离任的CFO Eric Myung。

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TORONTO, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0), a leading Canadian exploration company focused on critical metals and minerals, is pleased to announce the appointment of Robert Suttie as Chief Financial Officer (CFO), effective September 15, 2025.

Mr. Suttie brings more than 25 years of experience to Critical One, ten of which were in public accounting prior to his 19-year tenure with the financial reporting group Marrelli Support Services Inc. (“Marelli”), where he currently serves as President. He specializes in management advisory services, accounting and the financial disclosure needs of Marrelli’s publicly traded client base. Mr. Suttie also serves as CFO to several junior mining companies listed on the TSX, TSX-V and CSE exchanges.

“We are pleased to welcome Rob to the Critical One management team in what will be a seamless transition,” said Duane Parnham, Founder, Executive Chairman and CEO of Critical One. “Rob’s experience will be invaluable as we advance our core Howells Lake Antimony-Gold Project in the Thunder Bay Mining Division of Ontario, Canada and support the development of uranium assets in Namibia as part of our strategic investment there.”

Parnham added, “On behalf of the board, I would like to thank and extend our gratitude to the Company’s outgoing CFO, Eric Myung, for his efforts on our behalf and wish him well in his future endeavours.”

About Critical One Energy Inc.

Critical One Energy Inc. (formerly Madison Metals Inc.) is a forward-focused critical minerals and upstream energy company, powering the future of clean energy and advanced technologies. The addition of the Howells Lake Antimony-Gold Project broadens the Company’s exposure to antimony, one of the most in-demand critical minerals. Backed by seasoned management expertise and prime resource assets, Critical One is strategically positioned to meet the rising global demand for critical minerals and metals. Its mine exploration portfolio is led by antimony-gold exploration potential in Canada and uranium investment interests in Namibia, Africa. By leveraging its technical, managerial, and financial expertise, the Company upgrades and creates high-value projects, thereby driving growth and delivering value to its shareholders.

Additional information about Critical One Energy Inc. can be found at criticaloneenergy.com and on the Company’s SEDAR+ profile at www.sedarplus.ca.

For further information, please contact:

Duane Parnham
Executive Chairman & CEO
Critical One Energy Inc.
+1 (416) 489-0092
ir@criticaloneenergy.com

Media inquiries:

Adam Bello
Manager, Media & Analyst Relations
Primoris Group Inc.
+1 (416) 489-0092
media@primorisgroup.com

Neither the Canadian Securities Exchange nor CIRO accepts responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press release includes, but is not limited to, statements relating to the Company’s business strategy and objectives.

Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that: the Company will have the resources required in order to conduct its business as currently operated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, risks relating to the mining industry in general, and other risks as described in the Company’s continuous disclosure record on SEDAR+.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. The Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.


FAQ

Who is the new CFO of Critical One Energy (MMTLF)?

Robert Suttie has been appointed as the new CFO of Critical One Energy, effective September 15, 2025. He brings over 25 years of experience and currently serves as President of Marrelli Support Services.

What experience does Robert Suttie bring to Critical One Energy (MMTLF)?

Robert Suttie brings over 25 years of experience, including 10 years in public accounting and 19 years with Marrelli Support Services. He specializes in management advisory services and serves as CFO for several junior mining companies.

What are Critical One Energy's (MMTLF) main projects?

Critical One Energy's main projects include the Howells Lake Antimony-Gold Project in the Thunder Bay Mining Division of Ontario, Canada, and strategic uranium asset investments in Namibia.

Who did Robert Suttie replace as CFO at Critical One Energy (MMTLF)?

Robert Suttie replaced Eric Myung as CFO of Critical One Energy.
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