Critical One Announces Appointment of Award-Winning Geologist to Board of Directors
Critical One Energy (CSE: CRTL, OTCQB: MMTLF) has appointed award-winning geologist Chet Idziszek as an independent Board member. Idziszek, the former chief geologist of the Howells Lake Antimony Gold Project, brings over 40 years of exploration experience to the company.
Idziszek's notable achievements include receiving the 1990 'Mining Man of the Year' award for his role in the Eskay Creek gold deposit discovery and the 1994 'Bill Dennis – Prospector of the Year Award' from PDAC. His experience includes leadership roles in major mining projects like Cobra Panama (4 billion tonnes of mineral resources) and involvement in significant acquisitions such as Pierina gold deposit by Barrick Gold.
As part of his appointment, Idziszek has been granted 100,000 stock options at CDN$0.31, valid for five years.
Critical One Energy (CSE: CRTL, OTCQB: MMTLF) ha nominato il geologo premiato Chet Idziszek come membro indipendente del Consiglio. Idziszek, ex geologo capo del Howells Lake Antimony Gold Project, porta con sé oltre 40 anni di esperienza nell'esplorazione.
Tra i notevoli successi di Idziszek c'è il premio 'Mining Man of the Year' ricevuto nel 1990 per il suo ruolo nella scoperta del deposito aurifero di Eskay Creek e il 'Bill Dennis – Prospector of the Year Award' del 1994 assegnato dal PDAC. La sua esperienza include ruoli di leadership in importanti progetti minerari come Cobra Panama (4 miliardi di tonnellate di risorse minerali) e il coinvolgimento in acquisizioni significative come il deposito d'oro Pierina da parte di Barrick Gold.
Come parte della sua nomina, a Idziszek sono state concesse 100.000 opzioni su azioni a CDN$0.31, valide per cinque anni.
Critical One Energy (CSE: CRTL, OTCQB: MMTLF) ha nombrado al geólogo galardonado Chet Idziszek como miembro independiente de la Junta. Idziszek, ex geólogo jefe del Howells Lake Antimony Gold Project, aporta más de 40 años de experiencia en exploración a la empresa.
Los logros notables de Idziszek incluyen recibir el premio 'Mining Man of the Year' en 1990 por su papel en el descubrimiento del depósito de oro Eskay Creek y el 'Bill Dennis – Prospector of the Year Award' de 1994 otorgado por el PDAC. Su experiencia incluye roles de liderazgo en importantes proyectos mineros como Cobra Panama (4 mil millones de toneladas de recursos minerales) y participación en adquisiciones significativas como el depósito de oro Pierina por Barrick Gold.
Como parte de su nombramiento, a Idziszek se le han otorgado 100,000 opciones sobre acciones a CDN$0.31, válidas por cinco años.
Critical One Energy (CSE: CRTL, OTCQB: MMTLF)는 수상 경력이 있는 지질학자 Chet Idziszek를 독립 이사로 임명했습니다. Idziszek은 Howells Lake Antimony Gold Project의 전 수석 지질학자로서 40년 이상의 탐사 경험을 회사에 제공합니다.
Idziszek의 주목할 만한 업적 중 하나는 1990년에 'Mining Man of the Year' 상을 수상한 것으로, 이는 Eskay Creek 금 매장지 발견에 대한 그의 공로 때문입니다. 그는 1994년 PDAC에서 수여한 'Bill Dennis – Prospector of the Year Award'도 수상했습니다. 그의 경험은 Cobra Panama(40억 톤의 광물 자원)와 같은 주요 광산 프로젝트에서의 리더십 역할을 포함하며, Barrick Gold의 Pierina 금 매장지와 같은 중요한 인수에도 참여했습니다.
임명된 일환으로, Idziszek는 CDN$0.31에 100,000개의 주식 옵션을 부여받았으며, 이는 5년 동안 유효합니다.
Critical One Energy (CSE: CRTL, OTCQB: MMTLF) a nommé le géologue primé Chet Idziszek en tant que membre indépendant du Conseil. Idziszek, ancien géologue en chef du Howells Lake Antimony Gold Project, apporte plus de 40 ans d'expérience en exploration à l'entreprise.
Parmi les réalisations notables d'Idziszek figurent le prix 'Mining Man of the Year' qu'il a reçu en 1990 pour son rôle dans la découverte du gisement aurifère d'Eskay Creek et le 'Bill Dennis – Prospector of the Year Award' en 1994 décerné par le PDAC. Son expérience inclut des rôles de leadership dans des projets miniers majeurs tels que Cobra Panama (4 milliards de tonnes de ressources minérales) et son implication dans des acquisitions significatives comme le gisement d'or de Pierina par Barrick Gold.
Dans le cadre de sa nomination, Idziszek a reçu 100 000 options d'actions à CDN$0,31, valables pendant cinq ans.
Critical One Energy (CSE: CRTL, OTCQB: MMTLF) hat den preisgekrönten Geologen Chet Idziszek als unabhängigen Vorstand ernannt. Idziszek, der ehemalige Chefgeologe des Howells Lake Antimony Gold Project, bringt über 40 Jahre Erfahrung in der Exploration in das Unternehmen ein.
Zu Idziszeks bemerkenswerten Errungenschaften gehört der Erhalt des 'Mining Man of the Year'-Preises im Jahr 1990 für seine Rolle bei der Entdeckung des Goldvorkommens Eskay Creek sowie der 'Bill Dennis – Prospector of the Year Award' von 1994 der PDAC. Seine Erfahrung umfasst Führungsrollen in großen Bergbauprojekten wie Cobra Panama (4 Milliarden Tonnen Mineralressourcen) und die Beteiligung an bedeutenden Übernahmen wie dem Goldvorkommen Pierina durch Barrick Gold.
Im Rahmen seiner Ernennung wurden Idziszek 100.000 Aktienoptionen zu einem Preis von CDN$0,31 gewährt, die fünf Jahre lang gültig sind.
- Appointment of highly experienced geologist with 40+ years in exploration
- New director has direct experience with company's Howells Lake project as former chief geologist
- Addition of award-winning industry expert with track record of successful discoveries
- New director has history of involvement in billion-dollar mining acquisitions
- Stock option grant of 100,000 shares represents potential dilution for existing shareholders
Chet Idziszek, Former Chief Geologist of Howells Lake Antimony Gold Project, Joins Team as Independent Director
TORONTO, March 18, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) announces the appointment of Chet Idziszek as an independent Board member, effective immediately.
“We are pleased to welcome Chet Idziszek to our team,” said Duane Parnham, Executive Chairman and CEO of Critical One. “Chet has deep experience and insight regarding our Howells Lake Antimony Gold Project as the former chief geologist overseeing all aspects of the exploration. He will be invaluable as we grow our business and pursue the development of this unique project with significant historical resources.”
Mr. Idziszek holds a Master of Applied Sciences degree from McGill University and has worked as an exploration geologist and exploration executive with numerous international mining companies for over 40 years.
In 1990, he received the “Mining Man of the Year” award from The Northern Miner in recognition of his vital role in discovering and developing the Eskay Creek gold deposit in Canada. Mr. Idziszek also received the “Bill Dennis – Prospector of the Year Award” from the Prospectors & Developers Association of Canada (PDAC) in 1994, in recognition of the major role he played in the discovery and development of the Eskay Creek gold deposit as well as for his leadership of Adrian Resources during its exploration and development of the Petaquilla copper, gold, silver and molybdenum deposits in the Republic of Panama. These deposits contain over 4 billion tonnes of mineral resources, now called “Cobra Panama” and owned by First Quantum Minerals.
Additionally, Mr. Idziszek served as a director of Arequipa Resources Ltd., which discovered the Pierina gold deposit in Peru that was subsequently acquired by Barrick Gold in 1996 for more than CDN
In 2005, he served as President and CEO of Oromin Explorations when it discovered the Sabodala gold deposit in Senegal. Oromin was subsequently acquired by Teranga Gold in 2014, and the deposit is now in production by Endeavour Mining PLC.
Mr. Idziszek served as President and CEO of Battle Mountain Gold, which owned the Lewis gold property in Nevada and was subsequently acquired by Gold Standard Ventures in 2017.
He also served as President and CEO of Lund Enterprises, which was acquired by Reconnaissance Energy Africa in 2019. Mr. Idziszek went on to serve as a director of that company in 2020.
In connection with Mr. Idziszek’s appointment, Critical One has granted him 100,000 stock options priced at CDN
About Critical One
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. 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 in Canada and uranium in Namibia, Africa. By leveraging its technical, managerial, and financial expertise, the Company upgrades and creates high-value projects while joint-venturing non-core assets to generate cash flow, driving growth and delivering value for its shareholders.
Additional information about Critical One Energy Inc. can be found at madisonmetals.ca and on the Company’s SEDAR+ profile at sedarplus.ca.
For further information, please contact:
Duane Parnham
Executive Chairman & CEO
Critical One Energy Inc.
+1 (416) 489-0092
ir@madisonmetals.ca
Media inquiries:
Adam Bello
Manager, Media & Analyst Relations
Primoris Group Inc.
+1 (416) 489-0092
media@primorisgroup.com
Neither the Canadian Securities Exchange nor CIRO accepts responsibility for the adequacy or accuracy of this release.
Forward-looking Statements
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking statements concern the Company’s strategic plans, and completion of the proposed transaction described herein. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. The actual results could differ materially from those anticipated in this forward-looking information as a result of certain risk factors.
Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
FAQ
What experience does Chet Idziszek bring to Critical One Energy (MMTLF)?
What stock options were granted to Idziszek upon joining MMTLF's board?
What major mining projects has MMTLF's new board member been involved with?
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