Not for distribution to United States news wire services or for dissemination in the United States VANCOUVER, May 31, 2022 - Lucky Minerals Inc. is pleased to announce that it has increased the previously announced non-brokered private placement from 33,000,000 to up to 35,714,286 units for gross proceeds of up to $2.0 million . Investors in the [...]
Tempus Resources Ltd. is pleased to announce that drilling for the 2022 Exploration Program has commenced at the Elizabeth Gold Project in Southern BC, Canada. The 2022 Exploration Program officially began on May 30th, with the start of diamond drill hole EZ-22-01 that targets the extension to the high-grade Blue Vein that was discovered last year [...]
Scorpio Gold Corp. announces that it has entered into two convertible loan agreements dated May 24, 2022 with Ianco Holdings Ltd. and Matco Holdings Ltd. pursuant to which the Company may borrow the aggregate principal amount of up to US$2,450,000 under two loans to be advanced by the Lenders , subject to the completion of certain conditions [...]
Tectonic Metals Inc. is pleased to announce that the Company has closed the first tranche of its non-brokered private placement financing previously announced on April 25, 2022, by issuing 32,185,666 units of the Company at a price of C$0.06 per Unit, for aggregate gross proceeds of C$1,931,140. Tectonic's President & CEO, Tony Reda, commented [...]
Ubique Minerals Ltd. advises that it has signed a non-binding term sheet which outlines a proposed acquisition of a 90% interest in a company with a past producing zinc mine in Africa, subject to completion of due diligence, execution of binding documentation and approval by all parties thereto. As a condition of the term sheet, the parties are to [...]
SouthGobi Resources Ltd. announces its financial and operating results for the quarter and the year ended Dec 31, 2021. Reference is made to the press release of the Company dated March 30, 2022 in relation to the unaudited financial and operating results for the year ended December 31, 2021 and the press releases dated March 31, 2022, April 14 [...]
Electric Royalties Ltd. is pleased to announce closing of the previously announced Sleitat Tin-Silver Royalty acquisition with a wholly-owned subsidiary of Cornish Metals Inc. to acquire a 1% Net Smelter Royalty on mining claims comprising core strategic tenure at the Sleitat Mountain Tin-Silver deposit in Southwestern Alaska . The Sleitat Project [...]
Infinitum Copper Corp. is pleased to announce that its common shares have started trading on the OTCQB® Market Exchange in the United States. Investors can find quotes for the Company's common stock on www.otcmarkets.com. Infinitum commences trading on the market open of May 31, 2022 under the ticker symbol "INUMF" on the OTCQB. Infinitum will [...]
Highlights Mkango has signed a non-binding term sheet with CoTec Holdings Corp., an ESG-focused company investing in innovative technologies, led by Julian Treger and Braam Jonker, in relation to investments by CoTec into Mkango and Mkango's subsidiary, Maginito Limited, and collaboration in downstream rare earth technologies. The Transactions are [...]
Mawson Gold Ltd. reports that its majority-owned Australian subsidiary, Southern Cross Gold Ltd, has reported an outstanding drill result from its 100% owned Sunday Creek property. Mawson owns 60.3% of SXG following its recent initial public offering on the ASE. Highlights for Mawson Shareholders: 119.2 m @ 3.9 g/t AuEq from 106.8 m in hole [...]
Kingfisher Metals Corp. is pleased to announce the commencement of rotary air blast drilling at the 100% owned 511 km2 Goldrange Project. Goldrange is located approximately 25 km south of the town of Tatla Lake in the Chilcotin region of Southwest British Columbia. Highlights The Company plans for a 35-day rotary air blast drill program to test the [...]
AEX Gold Inc. is pleased to outline its 2022 objectives and Q1 Financial Results. AEX Gold's strategy remains to bring the Nalunaq gold project back into production and use that base as a platform to discover and develop other world class gold and strategic mineral assets both directly and through partnerships to be found in the under explored OECD [...]