Critical One Energy Appoints New Chief Financial Officer

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TORONTO, Sept. 15, 2025 (GLOBE NEWSWIRE) — Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0), a leading Canadian exploration company focused on critical metals and minerals, is pleased to announce the appointment of Robert Suttie as Chief Financial Officer (CFO), effective September 15, 2025.

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Mr. Suttie brings more than 25 years of experience to Critical One, ten of which were in public accounting prior to his 19-year tenure with the financial reporting group Marrelli Support Services Inc. (“Marelli”), where he currently serves as President. He specializes in management advisory services, accounting and the financial disclosure needs of Marrelli’s publicly traded client base. Mr. Suttie also serves as CFO to several junior mining companies listed on the TSX, TSX-V and CSE exchanges.

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“We are pleased to welcome Rob to the Critical One management team in what will be a seamless transition,” said Duane Parnham, Founder, Executive Chairman and CEO of Critical One. “Rob’s experience will be invaluable as we advance our core Howells Lake Antimony-Gold Project in the Thunder Bay Mining Division of Ontario, Canada and support the development of uranium assets in Namibia as part of our strategic investment there.”

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Parnham added, “On behalf of the board, I would like to thank and extend our gratitude to the Company’s outgoing CFO, Eric Myung, for his efforts on our behalf and wish him well in his future endeavours.”

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About Critical One Energy Inc.

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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 Company’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 mine 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.

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Additional information about Critical One Energy Inc. can be found at criticaloneenergy.com and on the Company’s SEDAR+ profile at www.sedarplus.ca.

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For further information, please contact:

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Duane Parnham
Executive Chairman & CEO
Critical One Energy Inc.
+1 (416) 489-0092
[email protected]

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Media inquiries:

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Adam Bello
Manager, Media & Analyst Relations
Primoris Group Inc.
+1 (416) 489-0092
[email protected]

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Neither the Canadian Securities Exchange nor CIRO accepts responsibility for the adequacy or accuracy of this release.

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Forward-looking Statements

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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, expressions, 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.

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