Mr. Duane Parnham reports

CRITICAL ONE ENERGY ANNOUNCES COMPLETION OF FLOW-THROUGH PRIVATE PLACEMENT FOR AGGREGATE PROCEEDS OF CDN$6,728,601

Critical One Energy Inc. has closed a non-brokered private placement offering of one million flow-through (FT) common shares at a price of $1.10 per FT share for gross proceeds of $1.1-million, being the second tranche of a larger issuance of 6,116,910 FT shares for aggregate gross proceeds of $6,728,601.

In connection with the second tranche of the offering, the company paid $66,000 in finders' fees and issued 60,000 common share purchase warrants of the company. Each finder's warrant is exercisable to purchase one common share in the capital of the company at a price of $1.65 per common share for a period of 18 months from the date of closing.

The company intends to use the proceeds from the sale of the FT shares to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures as such terms are defined in the Income Tax Act (Canada).

All securities issued pursuant to the offering will be subject to a four-month-and-one-day hold period.

The company closed an initial tranche of the offering on July 31, 2026, for gross proceeds of $5,628,601, consisting of the issuance of 5,116,910 FT shares at a price of $1.10 per FT share.

About Critical One Energy Inc.

Critical One Energy is a Canadian critical minerals and upstream energy company focused on metals essential to energy, technology and national defence supply chains. The company is advancing the Howells Lake antimony-gold project, which provides Critical One with direct exposure to antimony, a critical metal of increasing strategic importance to Western nations, as well as meaningful gold exploration potential across the property. Backed by seasoned management expertise, Critical One is positioned to advance high-value mineral projects aligned with the rising demand for secure critical minerals supply. The company also holds uranium and copper assets in Namibia, providing additional exposure to critical minerals and energy metals.

We seek Safe Harbor.