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Critical Two Energy

Under reviewCA
What it does

Explores for uranium on the Kenora property in Ontario and holds uranium and copper exploration interests in Namibia.

Uranium explorationEnergy

Proposed spin-out of the Kenora uranium property in Ontario and Critical One's uranium and copper interests in Namibia into Critical Two Energy.

Status
Under review
Expected
TBA
Parent
Critical One Energy (CRTL CN)
Spin-off ticker
To be announced
Listing
exchange not yet named
Market
Canada
Sector
Energy

Terms

Assets to be transferred to Critical Two and its shares distributed pro rata to Critical One shareholders as a dividend on a record date to be set; ratio and timing not yet disclosed. Subject to board, regulatory, exchange and shareholder approvals; Critical Two expects to seek a separate listing (exchange not named).

Key dates

  1. Proposal announced
  2. Record date and terms

Source documents

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