Mining News Releases & Company Updates - Page 111
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Honey Badger Silver Announces Closing of First Tranche of Non-Brokered Private Placement Raising Gross Proceeds of Approximately $2.013 Million
Honey Badger Silver raised $2.013M via private placements to fund exploration in Canada’s northern territories.
Dios Sells K2 to Azimut
Dios explores gold at its Heberto-Gold project; sells K2 property to Azimut for cash and shares, retaining a royalty. Focus on discovering a world-class gold deposit.
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Excellon Announces Appointment of Mike Hoffman to Board of Directors and Provides Corporate Update
Excellon Resources appoints mining veteran Mike Hoffman to its Board to enhance governance and support growth and production strategies.
Arya Resources Ltd. Engages CHF Capital Markets Inc.
Arya Resources partners with CHF Capital Markets for 12 months to boost investor relations, marketing, and capital markets advisory, with an option for share purchase.
Nevada Organic Phosphate Announces Stock Option Grant and Compensation Shares Issuance
Nevada Organic Phosphate granted stock options and issued shares as bonuses, including a related party transaction, to key personnel.
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Besra Gold Inc Announces: Management Discussion and Analysis ("MD&A")
Besra Gold Inc announces Q3 2024 MD&A; full details available via link.
Velocity Provides Transaction Update On Sale of Bulgarian Assets
Velocity Minerals updates on USD $59M sale of Rozino gold project, proceeding with transaction details.
Elemental Altus Royalties Announces Board Refreshment and Results of Annual General and Special Meeting
Elemental Altus announces AGM results, board changes for governance, and director elections.
Edison Lithium Receives Conditional Approval for Sale of Interest in Argentinian Lithium Properties
Edison Lithium Corp. announces conditional acceptance for sale of Argentina subsidiary for $3.5M.
Update on Status of Technical Reports for Its Mexican Projects
Defiance Silver Corp. updates on technical reports for Tepal and San Acacio projects after legal issues.
Fairchild Announces Additional Private Placement Closing
Fairchild Gold Corp. closed a $496,000 private placement, issuing units for exploration funding.
EDM Announces Closing of Second Tranche of Its Upsized Non-Brokered Private Placement
EDM Resources closes second financing tranche, raising C$913,440 for Scotia Mine development and permits.
Doubleview Gold Corp Closes Private Placement
Doubleview Gold Corp. closed a private placement, raising $76,000 for exploration projects in BC.
Li-Metal Corp, Announces Filing of Interim Financial Statements and Related Materials
Li-Metal Corp. filed its interim financial statements for six months ending September 30, 2024.
Aftermath Silver Closes $10 Million Private Placement with Mr. Eric Sprott
Aftermath Silver Ltd. closes $10M private placement for project funding and working capital.
Tower Announces Private Placement, Grant of Equity Incentives and Advertising Services Agreement
Tower Resources plans an $800K non-brokered private placement for exploration expenses.
Thunder Mountain Gold Announces Private Placement Financing
Thunder Mountain Gold, Inc. has announced a non-brokered private placement of up to 13.4 million units at $0.05 per unit, potentially raising up to $670,000. Each unit contains one common share and one purchase warrant, which allows the holder to buy an additional share at $0.10 within three years of issue. The funds raised will be used for exploration and working capital. The private placement, which will only be available to accredited investors, remains subject to approval by the TSX Venture Exchange and will not be registered under the U.S. Securities Act, meaning they cannot be sold within the U.S. without adhering to certain regulations.
Tincorp Announces Private Placement and Warrant Extension
Tincorp Metals Inc. intends to conduct a non-brokered private placement financing to raise approximately $140,000 through the sale of up to 1,244,444 shares at a price of $0.1125 each. The offering, expected to close by December 31, 2024, is subject to approval from the TSX Venture Exchange. The funds raised will be used for working capital and other corporate purposes. The company also plans to extend the exercise period for 6,403,750 common share purchase warrants.
Besra Gold Announces: Notice of Meeting and Management Information Circular
Besra Gold announces a Notice of Meeting and Management Circular; details available on their website.
Mineral Road Completes Atlin-Ruffner Acquisition
Mineral Road Discovery acquires full control of the Atlin-Ruffner Project in BC, planning exploration in 2025, targeting historic gold, silver, lead-zinc deposits, amid growing interest in critical minerals.
Desert Gold Report Results from 3,900 Meter Phase 2 Exploration Drill Program, SMSZ Project, Mali
Desert Gold Ventures reports positive 2024 drill results from Mali, advancing toward 2M oz gold resource, with ongoing exploration and upcoming PEA publication.
Forge Resources Announces Appointment of Vice President of Finance and Special Advisor
Forge Resources appoints Camilo Cordovez Amador as VP of Finance and Patrick Bonner as Special Advisor to strengthen its leadership in mining and finance.
Cumberland Resources Announces Closing of $749,919.45 LIFE Offering
Cumberland Resources closed a $749,919 private placement, issuing units with shares and warrants, to fund property development and operations.
Record Resources Increases Size of Total Financing and Files Amended LIFE Offering Document
Record Resources increases its financing via private placement and LIFE offering, aiming to raise up to $480,000 for exploration, with extended offering deadlines and a new loan agreement.
Northern Graphite Announces Third Quarter 2024 Results
Northern Graphite boosted sales and output, operated continuously, and advanced permitting and exploration to meet rising demand amid challenging market prices.
Benton Discovers New Gold Horizon 21 km North-Northeast of Calibre's Marathon Deposit and Options Additional Ground
Benton Resources discovered a new gold zone at Dominion Lake, Ontario, with high-grade samples, and plans further exploration while acquiring additional mineral licenses.
EarthLabs Reports Results for the Third Quarter of 2024
EarthLabs reports strong revenue growth—over 200% in advertising and 40% in subscriptions—reduces losses, and ends nine months with $44.2M cash.
S2 Minerals Inc. Announces Share Consolidation
S2 Minerals consolidates shares 1-for-2, reducing outstanding from ~38M to ~19M, effective December 5, 2024, with unchanged ownership percentages and trading under new CUSIP.
Aurania Announces Attendance at NobleCon 20 in Florida and Appointment of Fractional CFO as Full-time CFO
Aurania CEO to present at NobleCon20; webcast available; CFO Francisco Freyre to become full-time CFO; focus on mineral exploration in South America.
Military Metals Completes Claim Staking Around the Last Chance Antimony-Gold Property in Nevada
Military Metals expanded claims around the Last Chance antimony-gold property in Nevada, aiming to develop a strategic resource amid rising antimony prices and supply constraints.
Purepoint Uranium Identifies New Exploration Targets at Russell South with Recent Airborne Geophysical Results
Purepoint identified eight high-priority uranium exploration targets in the Athabasca Basin after advanced airborne geophysical surveys at Russell South, refining existing zones and adding new prospects.
Mistango Reports on Diamond Drilling Results From South-West Zone
Mistango River Resources Inc. announced promising assay results from a 2,520 metre drilling program at the Omega Mine, revealing elevated gold intersections, including 1.5 g/t Au over 7.1m. Results suggest distinct mineralization in highly deformed rock. Further analysis and reinterpretation of findings are planned.
RETRANSMISSION: Spearmint Acquires the George Lake South Antimony Project in New Brunswick, Canada
Spearmint Resources acquired the George Lake South Antimony Project in New Brunswick, boosting its holdings amid rising antimony prices, with strategic focus on tech, batteries, and flame retardants.
Arrow Announces Q3 2024 Interim Results and Provides Operational Update
Arrow Exploration reports record Q3 production, revenue, and cash flow, successful drilling in Colombia, and the CNB HZ-7 well now producing at 400 BOPD net.
Doubleview Gold Corp Announces Private Placement
Doubleview Gold plans a $76,000 private placement to fund exploration, including drilling and development on its BC projects, especially the Hat Project.
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