Critical One Provides Clarification Respecting Shareholder Meeting to be held on July 21, 2025
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UNITED STATES
Critical One Provides Clarification Respecting Shareholder Meeting to be held on
July 21, 2025
Toronto, ON – July 10, 2025 – Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical
One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) announces that the
resolution to ratify the acts and proceedings of the board of directors (the “Board”) and officers of
the Company described in the Information Circular of the Company filed on SEDAR+ on June 30,
2025 (the “Circular”) regarding the Annual General Meeting of the shareholders to be held on
July 21, 2025, will not be put to the shareholders for approval. The resolution will be withdrawn at
the meeting because the Circular does not adequately set forth all of the details related to the
acts and proceedings of the Board and officers in sufficient detail for a shareholder to make an
informed decision on the subject matter of the resolution. For clarity, management of the
Company has determined that there are no acts or proceedings taken by the Board or the officers
of the Company which require approval of the shareholders. This clarification to the Circular has
been made at the request of OSC staff in connection with an OSC review of the disclosure record
of the Company.
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 C ompany’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 m ine 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
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Media inquiries:
Adam Bello
Manager, Media & Analyst Relations
Primoris Group Inc.
+1 (416) 489-0092
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, expressio ns, 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, tha t: 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, b ut 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 f orward-
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.