Curated News
By: NewsRamp Editorial Staff
February 17, 2026
CiTech Secures $1.37M Boost from Warrant Exercise & Critical Metals Deal
TLDR
- CiTech gains over $1.3M from warrants and a platform sale, strengthening its capital to accelerate production and expand internationally ahead of competitors.
- CiTech received $973,685 from exercising 3,245,619 warrants at $0.30 and a $395,600 deposit for a Nexus 20 platform sale to Critical Metals Corp.
- CiTech's funding supports autonomous communications platforms for mining and security, enhancing safety and connectivity in remote areas like Greenland's Tanbreez Project.
- CiTech's Nexus 20 platform will be deployed to Greenland's Tanbreez rare earths deposit, aiding critical mineral mining for next-generation technologies.
Impact - Why it Matters
This news matters because it demonstrates how innovative technology companies like CiTech are enabling critical infrastructure development in remote areas, particularly for the mining sector that supplies essential materials for the global clean energy transition. The capital injection allows CiTech to accelerate production of its autonomous communications platforms, which are vital for operations in isolated locations like Greenland's Tanbreez rare earths project. As demand for critical minerals grows to support electric vehicles, renewable energy, and defense applications, reliable communications infrastructure becomes increasingly important for safety, efficiency, and environmental monitoring. This development shows how technology and resource extraction sectors are converging to address supply chain challenges while creating opportunities for investors in both fields.
Summary
Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V), known as CiTech, has significantly bolstered its financial standing through two major capital injections totaling $1.37 million. The company, a leading developer of autonomous, high-capacity mobile communications and security platforms, received $973,685 from the exercise of 3,245,619 warrants at $0.30 each. Additionally, it secured a $395,600 deposit—representing 30% of the sale price—from Critical Metals Corp. for a Nexus 20 platform, which will be deployed to Critical Metals Corp's Tanbreez rare earths project in Greenland. This strategic transaction highlights the growing demand for CiTech's innovative technology in remote, critical infrastructure sectors.
CiTech's Chief Executive Officer, Brenton Scott, emphasized that this capital infusion strengthens the company's ability to accelerate current production and international growth initiatives. "With the injection of these funds, we are financially well placed to complete the build of the five Nexus units currently under construction and escalate our international expansion," stated Scott. The funds will directly support CiTech's manufacturing program, fulfillment of existing customer demand, and continued global market development for its autonomous telecommunications and surveillance platforms. The company's patented self-deploying platform (SDP) technology addresses key limitations in rapidly deployable communication solutions, offering strength and rapid deployment capabilities for sectors like mining, defense, border security, and emergency services.
The partnership with Critical Metals Corp. underscores the strategic importance of CiTech's technology in supporting critical mineral extraction projects essential for the clean energy transition. Critical Metals Corp., focused on critical metals and minerals for electrification and next-generation technologies, operates the Tanbreez rare earths deposit in Greenland and the fully permitted Wolfsberg Lithium Project in Austria. The deployment of CiTech's Nexus platform to these remote sites demonstrates how autonomous communications infrastructure enables operations in challenging environments. For more information, stakeholders can visit the companies' websites at www.criticalmetalscorp.com and www.citech.com.au, and view the original release on www.newmediawire.com.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, CiTech Secures $1.37M Boost from Warrant Exercise & Critical Metals Deal
