From GlobeNewswire: 2025-06-12 00:01:00

Critical One Energy Inc. has entered into an acquisition agreement with Dark Star Minerals Inc. to sell its interests in the Khan and Cobra Uranium Projects in Namibia. This move allows Critical One to focus on the Howells Lake Antimony-Gold Project, aligning with global market trends and enhancing shareholder value. Dark Star will make staged cash payments and common share issuances to acquire the uranium projects over a two-year period, with no independent valuation sought. Critical One will receive a 2% gross overriding royalty once payments exceed $3.5 million. Initial cash and share payments have already been made, with a definitive agreement pending regulatory approval.



Read more at GlobeNewswire: Critical One Makes Strategic Uranium Asset Divestment