REOS – VIRUNGA CRITICAL ACQUIRES MAJORITY SHARE POSITION OF REOSTAR ENERGY CORP.
March 27, 2026, New York, USA // Virunga Critical Inc., a Delaware-based mining and critical minerals company, has acquired a 54,750,000-share majority stake in REOSTAR Energy (“REOS”), establishing operational control of the company’s assets in the Democratic Republic of Congo (DRC).
Following the transaction, REOS is expected to become the second U.S.-domiciled publicly traded mining company operating in the DRC, and the first focused exclusively on the development of critical minerals in one of the world’s most resource-rich regions.
Virunga Critical intends to pursue a diversified critical minerals strategy centered on the development of tungsten, tin, tantalum, lithium, niobium, rhodium, and rare earth elements sourced from high-grade volcanic regions of the DRC. These materials are essential to next-generation technologies, including artificial intelligence infrastructure, robotics, battery storage, defense systems, and autonomous devices.
The company’s name, "Virunga," references the Virunga Mountain range, a chain of volcanic peaks spanning the Democratic Republic of Congo, Rwanda, and Uganda, reflecting the company’s focus on high-grade mineral resources originating from volcanic geological formations.
Virunga Critical’s investment aligns with growing U.S. and global initiatives to strengthen secure, resilient critical mineral supply chains and reduce reliance on concentrated foreign sources. The company intends to advance responsible resource development while supporting long-term supply security for strategic industries.
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