Critical One Energy Inc. reports developments as a Canadian mining exploration company focused on critical metals and minerals. Its updates center on the Howells Lake Antimony-Gold Project in Ontario's Thunder Bay Mining Division, including exploration permitting, Ontario Junior Exploration Program funding, geophysical interpretation, drilling activity, and near-surface antimony and gold mineralization.
Company news also covers its broader critical-minerals portfolio, including uranium and copper assets in Namibia's Erongo uranium province, as well as exploration agreements with Indigenous communities, strategic advisory appointments, capital-market communications, and stock-option grants tied to its public-company governance.
Madison Metals (CSE: GREN, OTCQB: MMTLF) announced the appointment of Ryan Thompson as Chief Strategy Officer. Thompson, with 22 years of experience in technology, strategy, and marketing, will also manage the company’s partnership with Lux Partners. He aims to drive corporate strategy and enhance shareholder value while addressing global energy concerns through innovative solutions. In connection with his role, Madison granted him 100,000 stock options at $1.16 CAD, vesting immediately. The company focuses on sustainable uranium production in Namibia and Canada.
Madison Metals Inc. has signed a groundbreaking five-year uranium forward sales agreement with Lux Partners Ltd.. This deal allows for the delivery of up to 20 million pounds of U3O8 from Madison's projects in Namibia, paving the way for the first uranium-backed NFTs. The strategy aims to generate non-dilutive capital for exploration and increase revenue through token trading fees. Madison will issue three million shares priced at CAD$1.22 as part of this agreement.
On September 29, 2022, Madison Metals Inc. announced that its common shares are now approved for trading on the OTCQB Venture Market under the symbol MMTLF. This milestone allows U.S. investors to access real-time financial disclosures and Level 2 quotes in U.S. currency. The company is also seeking DTC eligibility to facilitate trading and settlement. Madison, a Canadian green energy resource company specializing in uranium mining, aims to advance Rössing-type uranium deposits in Ontario and Namibia, leveraging modern technology and strategies.