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Highlights Drilling contractor, Etasi & Co Drilling has been appointed to commence exploration drilling programme at the flagship Kobada Project in Mali. Reverse circulation drilling program to commence imminently testing five key areas. The 2022/2023 exploration drilling programme is focused on building on the baseline of total mineral resource [...]
Mandalay Resources Corp. is pleased to announce that it has entered into a credit agreement with The Bank of Nova Scotia providing for a senior secured revolving credit facility in an aggregate amount of up to US$35 million . The initial drawdown under the Revolving Credit Facility will be used to repay the Company's existing syndicated facility [...]
ST. JOHN'S, Newfoundland and Labrador, Dec. 01, 2022 -- Altius Minerals Corp. is pleased to announce that it has committed to purchase 2,298,700 common shares in the Altius Renewable Royalties Corp. financing announced today. ARR also announced that its 50% held Great Bay Renewables II joint venture has completed a US$46 million royalty investment [...]
Euro Sun Mining Inc. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement financing. An aggregate of 41,790,000 common shares were sold under the First Tranche at a price of C$0.05 per Common Share for aggregate gross proceeds of approximately C$2,089,500. Euro Sun intends to use the [...]
Midland Exploration Inc. is pleased to announce that it has completed a second tranche of the non brokered private placement previously announced on November 17, 2022 by issuing 1,450,000 common shares at $0.40 per common share, 110,000 flow-through common shares at $0.50 per Flow-Through Share and 696,970 Flow-Through Shares at $0.70 per [...]
HIGHLIGHTS Abatement of maintenance shop complete, demolition to prepare for new mill building underway Commitment made to new Bunker Hill pre-engineered mill building design and vendor Underground decline advances to within 300 feet of breakthrough to 6-Level Preparation for Wardner Power upgrade advanced with pole locations surveyed, cable [...]
ROUYN-NORANDA, Québec, Dec. 01, 2022 -- Chibougamau Independent Mines Inc. is pleased to report the results from drilling in the area of Chibougamau Independent's 100% owned Berrigan property in McKenzie township, northwest of the town of Chibougamau, Quebec. Two drill holes were completed: BT-22-14 for a total of 571.7 m and BT-22-15 for a total [...]
Inventus Mining Corp. today announces a non-brokered private placement financing comprising the sale of up to 24,000,000 units , to be sold at $0.05 per Unit for gross proceeds of $1,200,000 . Each Unit will consist of one common share and one half of a common share purchase warrant. Each whole common share purchase warrant will entitle the holder [...]
Prime Mining Corp. is pleased to announce that it has entered into an agreement with Desjardins Capital Markets, acting as sole bookrunner and co-lead, on behalf of a syndicate of underwriters co-led by Desjardins Capital Markets and TD Securities Inc. whereby the Underwriters have agreed to purchase for resale, on a bought deal private placement [...]
American Lithium Corp. is pleased to announce an updated Mineral Resource Estimate that significantly increases the contained lithium resources for the Tonopah Lithium Claims project located in the Esmerelda lithium district northwest of Tonopah. This MRE was completed as part of the process of compiling the maiden preliminary economic assessment [...]
Kenmare Resources plc 1 December 2022 Notification Under Listing Rule 9.6.14 Pursuant to Listing Rule 9.6.14, Kenmare Resources plc announces that Deirdre Somers, a Non-Executive Director of Kenmare, has been appointed as a Non-Executive Director of Enfusion, Inc., an investment management software provider listed on the New York Stock Exchange [...]
Patriot Battery Metals Inc. is pleased to announce that it has successfully completed an initial public offering on the Australian Securities Exchange of 7,000,000 CHESS Depository Interests , at a price of AUD$0.60 per CDI, for gross proceeds of AUD$4,200,000 . The Company has received approval, subject to the usual conditions, from the ASX to [...]