Mining News Releases & Company Updates - Page 93
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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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Auric Minerals Announces Exploration Program on Its Uranium Project in Labrador Canada
Auric Minerals Corp. announced the start of its 2025 exploration program on the Route 500 Uranium Property in Labrador, set to begin in January. The program will include prospecting and sampling, targeting pegmatite bodies for uranium mineralization, supported by historic data.
Eureka Lithium Corp. Closes Flow Through and Non-Flow Through Private Placement
Eureka Lithium Corp. closed a non-brokered private placement of 682,000 flow-through shares at $0.22 each, raising $150,040 for exploration expenses. Additionally, a concurrent non-flow-through placement of 100,000 units at $0.15 each was completed.
Romios Announces Closing of Non-Brokered Flow-Through Offering for $50,000
Romios Gold Resources Inc. announced a non-brokered private placement of 1,666,667 flow-through units at $0.03 each, raising $50,000 for exploration expenses in British Columbia. The offering includes warrants for future share purchases and specific tax benefits.
Nubian Resources Announces Name Change to Carlton Precious Inc
Nubian Resources Ltd. is changing its name to Carlton Precious Inc., approved by shareholders on June 27, 2024. Trading under the new name and ticker "CPI" begins January 6, 2025. Existing shares remain unaffected. Shareholders can contact the company with questions.
Spod Lithium Announces the Closing of Flow-Through Units Offering
SPOD Lithium Corp. closed a non-brokered private placement, raising $272,750 by issuing 4,196,155 flow-through units at $0.065 each. The funds will be used for exploration, with warrants allowing additional shares purchase at $0.10 within 24 months.
1844 Closes Non-Brokered Private Placement of Flow Through Units
1844 RESOURCES Inc. has completed a non-brokered private placement, issuing 13,042,928 flow-through units for approximately $456,500. The funds will be used for exploration expenses as defined by Canadian tax law. Finder's fees and warrants were also issued.
Unigold Announces TSXV Approves Warrant Extensions
Unigold Inc. announced the TSX-V's approval to extend the expiry dates for 16,629,167 and 53,433,675 share purchase warrants to June 23, 2025, and December 31, 2025, respectively, maintaining the exercise price at $0.30 per share.
Record Resources Closes $437,000 Financing
Record Resources Inc. has closed a financing totaling $437,000, comprising a $330,000 LIFE Offering and a $107,000 private placement, issuing 14,566,665 Units. The company also announced it will not proceed with certain option agreements on mineral properties.
Canadian Critical Minerals Closes $100,000 Flow-Through Financing
Canadian Critical Minerals Inc. has secured $100,000 financing through the sale of flow-through units for exploration at the Bull River Mine in British Columbia. The financing involves issuing shares and warrants, with a hold period on securities.
Teako Announces Share Purchase Agreement, Closes Shares for Debt Transaction, and Provides Update on Previously Announced Private Placement
Teako Minerals Corp. announced the sale of its shares in The Coring Company for C$1.675 million and settled C$172,500 in debts by issuing shares to insiders. These transactions enhance the company's financial position and support upcoming projects in Norway.
Austral Gold and Challenger Execute Toll Processing Agmt
Austral Gold's subsidiary, Casposo, signed a Toll Processing Agreement with Challenger Gold to process material from Challenger's Hualilan project, generating new revenue. The deal includes a $3 million fixed payment, monthly fees, and operations expected to start in late 2025.
MineHub Announces Closing of Strategic Partnership with Abaxx Technologies
MineHub Technologies Inc. has completed a strategic partnership with Abaxx Technologies, increasing Abaxx's ownership in MineHub from 10.83% to 19.87% through a share exchange. The transaction involved the issuance of common shares and is classified as a related party transaction.
Benton Closes $1.026 Million Non-Brokered Flow-Through Financing
Benton Resources Inc. has closed a non-brokered private placement, issuing 9,326,571 Charity Flow-through Units for $1,025,923. The proceeds will fund Canadian exploration expenses, with tax benefits for investors. Finders' fees were also paid.
Pacific Ridge Provides Overview of 2024 Activities and Plans for 2025
Pacific Ridge Exploration Ltd. outlines its 2024 achievements, including raising $3.47M and advancing projects Chuchi, Kliyul, and Redton in British Columbia. Key activities include successful drilling at Chuchi, a ZTEM survey at Kliyul, and an IP survey at Redton.
Atlas Lithium Accelerates Production Readiness with Key Executive Appointments
Atlas Lithium Corporation announces key leadership additions: Eduardo Queiroz as Project Management Officer and Vice President of Engineering, enhancing project expertise for the Neves Project, and Lili Wu as Head of Business Development for Asia, expanding market presence.
Canterra Minerals Provides End-of-Year Update on its Newfoundland Critical Minerals Projects
Canterra Minerals Corporation reported significant achievements in 2024, including successful drill programs, formation of a technical advisory committee, high-grade copper findings, resource estimates, a private placement, and expansions of its mining projects in Central Newfoundland.
Radisson Announces Exercise of Warrants
Radisson Mining Resources Inc. announced gross proceeds of C$782,264.25 from the exercise of warrants linked to a 2023 private placement. CEO Matt Manson highlighted successful drilling at the O'Brien Gold Project, revealing significant gold intercepts and strong exploration potential for 2025.
Snow Lake Energy Announces Pricing of US$15 Million Public Offering
Snow Lake Resources Ltd. announced a public offering of 18.75 million common shares at $0.80 each, aiming to raise approximately $15 million for working capital. The offering is set to close on December 31, 2024, with ThinkEquity as the placement agent.
Fairchild Gold Announces Corporate Updates
Fairchild Gold Corp. has appointed Mr. Michel Lebeuf as Corporate Secretary, pending TSX Venture Exchange approval. Mr. Lebeuf is an experienced corporate finance attorney. Additionally, Steve Cozine has resigned as director. Fairchild focuses on mineral property development in Canada and the U.S.
Silicon Metals Increases Unit Offering and Closes Final Tranche of $147,500 for Aggregate Gross Proceeds of $442,145
Silicon Metals Corp. has closed a second tranche of a non-brokered private placement, raising $147,500 through 2,269,230 flow-through units. Combined with the first tranche, total proceeds reached $442,145 for exploration in British Columbia. Finder's fees were also paid.
Inspiration Energy Grants Stock Options
Inspiration Energy Corp. announced the granting of stock options for 350,000 shares at C$0.07, expiring in two years. The options comply with the Canadian Securities Exchange regulations. The company focuses on mineral exploration in Canada. Forward-looking statements are included.
Amex Announces Filing of PEA Technical Report for the Perron Gold Project
Amex Exploration Inc. announced the filing of a Preliminary Economic Assessment (PEA) for its Perron gold project in Quebec, effective September 5, 2024. The report, compliant with NI 43-101 standards, highlights significant gold discoveries and project potential.
Quetzal Copper Announces Closing First Tranches of Financing
Quetzal Copper Corp. closed a private placement raising C$1,918,425, issuing 11.28 million flow-through units for a drill program at its Princeton project. Funds will cover eligible Canadian exploration expenses, with securities under a four-month hold.
Kirkland Lake Discoveries Corp. Corrects Broker Warrants Breakdown in Recent Press Release
Kirkland Lake Discoveries Corp. issued a correction to its December 23 press release about a private placement, clarifying the breakdown of broker warrants issued. The company confirmed the total number of warrants but corrected their exercisable prices and terms.
Central Puerto Is Advancing in Its Diversification Strategy and Positioning Itself as a Relevant Player in the Lithium Mining Industry
Central Puerto, a leading Argentine electricity generator, is investing in the "3 Cruces" lithium mining project in Catamarca, acquiring a 27.5% stake. This move aims to enhance the local economy, create jobs, and support the energy transition through lithium production.
Centurion Minerals Ltd. Provides Status Report of Annual Financial Statements and MD&A
Centurion Minerals Ltd. reports on a management cease trade order due to delays in filing annual financial statements for the fiscal year ending July 31, 2024. The MCTO restricts trading by key executives but allows other shareholders to trade. Interim filings are also delayed, with expectations to complete annual filings by January 27, 2025.
Royalties Inc. Announces Financing
Royalties Inc. is raising up to $180,000 through a private placement to cover corporate and legal expenses. The company anticipates recognition of its Bilbao silver-zinc-lead project value with rising silver prices and is awaiting a judgment on a royalty claim related to the Cozamin mine.
Besra Gold Announces Legal Proceedings - Notice of Discontinuance
Besra Gold Inc. announces a Notice of Discontinuance regarding legal proceedings in Ontario, where plaintiffs have withdrawn their action against Noblemen Ventures and Wayne Johnson without prejudice and costs. The announcement was authorized by executive director Kenny Lee.
Nine Mile Metals Closes Private Placement Financing
Nine Mile Metals Ltd. completed a non-brokered private placement, raising $160,000 from 4,571,429 units at $0.035 each. Proceeds will fund exploration on its Wedge and California Lake properties. Finders received warrants and cash for their services.
Wedgemount Resources Corp. Provides Second Management Cease Trade Order Update
Wedgemount Resources Corp. is updating on its management cease trade order (MCTO) issued by BCSC. The company is working to file required financial statements by January 27, 2024, while the CEO and CFO are restricted from trading until then. No material changes reported.
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