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Critical One Retains Majority Stake in Cobra Uranium Project After Star Minerals Deal Expires

Story Highlights
  • Critical One Energy Inc. focuses on critical minerals and clean energy technologies.
  • Critical One retains an 85% stake in the Cobra Uranium Project after Star Minerals’ deal expires.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Madison Metals, Inc. ( (TSE:CRTL) ).

Critical One Energy Inc. announced the expiration of its agreement with Star Minerals Limited regarding the Cobra Uranium Project in Namibia. Star Minerals failed to meet its commitments to earn a 51% interest, resulting in Critical One maintaining an 85% stake in the project, while also receiving financial compensation and shares from Star Minerals.

More about Madison Metals, Inc.

Critical One Energy Inc. (formerly Madison Metals Inc.) is a critical minerals and upstream energy company focused on clean energy and advanced technologies. The company is strategically positioned to meet the global demand for critical minerals and metals, with a portfolio that includes antimony in Canada and uranium in Namibia.

YTD Price Performance: -19.35%

Average Trading Volume: 50,842

Technical Sentiment Consensus Rating: Buy

For detailed information about CRTL stock, go to TipRanks’ Stock Analysis page.

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