Critical One Energy Provides Update on Kenora Property and Claim Against American Atomics Inc.

Critical One Energy terminated the option agreement with American Atomics for the Kenora Property after the counterparty failed to perform required work or earn its 60% interest. The company alleges that American Atomics' negligence caused mining claim 531620 to lapse, resulting in its loss to a third party, and has delivered a demand for damages and the return of all geological data.

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