Critical One Energy Inc. has closed a second tranche of financing, raising an additional $300,000 through the sale of 500,000 units at $0.60 per unit. The total raised in both tranches was $3,301,199.40. Each unit includes one common share and one warrant to purchase another share at $1.00. The securities issued will be subject to a hold period. The company also paid finder’s fees and issued broker warrants in connection with the financing. Critical One Energy Inc. focuses on critical minerals and clean energy, with projects in Canada and Namibia. Learn more at criticaloneenergy.com.

Read more at GlobeNewswire: Critical One Closes Second Tranche Private Placement