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Majestic Gold is pleased to announce the Company, through its 70.5% owned subsidiary, Persistence Resources Group Ltd. has entered into a non-binding letter of intent with a Vendor and Target Company to acquire 70% of the issued share capital of the target company incorporated in the PRC. The Target Company is principally engaged in gold mining and [...]
St-Georges Eco-Mining Corp. would like to disclose that it has disposed today of a total of 3,108,000 Class A Common shares of ZeU Technologies, Inc . Prior to the Disposition, St-Georges, an insider of ZeU, directly and indirectly, held 11,384,519 Shares of ZeU. Upon Disposition, it has control and direction over an aggregate of 8,276,519 Shares [...]
Non-IFRS Financial Measures This news release contains certain non-IFRS measures, including AISC. AISC includes operating costs, royalties, sustaining capital, closure costs, and corporate G&A and is calculated based on guidance provided by the World Gold Council . WGC is not a regulatory industry organization and does not have the authority to [...]
Ares Strategic Mining is pleased to announce the completion the mine planning phase and commencement of its mine construction. The Company has started ramp installation work to intersect fluorspar mineralization and provide feed for the plant currently under construction in Delta. The ongoing diamond drilling program has assisted technical staff to [...]
VR Resources has increased its previously announced private placement from $500,000 to $900,000. The terms of the financing are unchanged from those announced on March 14th in NR-24-004. The Company will issue 5,982,665 units at a price of $0.15 per Unit for gross proceeds of $897,400. Each Unit will consist of one common share of the Company, and [...]
Tantalex Lithium Resources announces that further to its news release dated March 7, 2024, it has settled an outstanding debt in the amount of USD$1,084,915 with AfriMet Resources AG. The Corporation settled an outstanding debt with AfriMet. The parties entered into a loan agreement on June 30, 2022, whereby AfriMet loaned a principal amount of [...]
Golden Cariboo Resources announces that, further to its news release of March 12, 2024, the final tranche of the non-brokered private placement was issued. The summary of the two tranche private placement follows. The private placement was fully subscribed with total gross proceeds of $2,000,000. A total of 20,000,000 Units at a price of $0.10 per [...]
Ashley Gold Corp. announces the Company has closed its previously announced non-brokered private placement of units on an oversubscribed basis, for gross proceeds of $182,875. The Offering consisted of the issuance of an aggregate of 3,657,500 Units, at a price of $0.05 per Unit and were comprised of one common share and one-half of one common [...]
Red Lake Gold Inc. reports that under market conditions it has extended the contemplated closing period of the non-brokered common share unit financing and the non-brokered flow-through unit financing previously announced by the Corporation by a period of approximately two weeks, such that if a closing, or tranche thereof, for either the HD [...]
Lithium Lion Metals is pleased to announce that the Company has completed its non-brokered private placement of units for gross proceeds of C$590,000 through the sale of 11,800,000 Units at a price of C$0.05 per Unit. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will be [...]
Nio Strategic Metals Inc. reports that government initiatives for development of critical and green metals continue to reinforce the value of the Company's niobium resource at the Oka Project. "Canadian and U.S. governments are really pushing new strategies and funding initiatives to address the problem of critical mineral supplies," said Nio [...]
Canstar Resources announces that the board of directors has appointed Paul Ténière, P.Geo., as Senior Vice President of Exploration. Paul brings over 25 years of experience and a deep understanding of the geology of Newfoundland. The board of directors has also appointed the current Chief Financial Officer and Corporate Secretary [...]