Search Minerals Inc. is pleased to announce that the Company has closed the first tranche of its previously announced non-transferable unsecured convertible notes for the principal amount and gross proceeds of $300,000. The Convertible Notes will have a maturity date of one year from the date of issuance and will bear simple interest at a rate of 15% per annum. Following the full revocation of the cease trade order and prior to the Maturity Date, principal and interest under the Convertible Notes may be converted into Shares at the option of the noteholder. The conversion price of the principal will be $0.05 per Share and the conversion price of interest into Shares will be as permitted by the policies of the TSX Venture Exchange . Joseph Lanzon, Interim CEO states: "We are v...

Metallis Resources Inc. announces a non-brokered placement of up to $750,000. The Financing will consist of up to 5.77 million units at a price of $0.13 per unit. Each unit will consist of one common share and one non-transferable share purchase warrant, each warrant will entitle the holder to purchase one additional common share at a price of $0.18 per share for a 3-year period. Shares issued on closing will be subject to a trading hold period expiring four months plus one day from the date of issuance. Closing of the private placement is subject to receipt of all necessary regulatory approvals and final acceptance by the TSXV. The proceeds from the Financing will be used for field exploration work at the Company's Kirkham and Greyhound Properties and for general corporate p...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 5, 2023 to its short form base shelf prospectus dated November 21, 2023 Global Atomic Corp. today announced that it intends to offer and sell units of the Company in an overnight marketed public offering . The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company and Red Cloud Securities Inc., as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters . The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. Each Unit will consist of one common sh...

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. IAMGold Corp. today shared an update on its operations in Burkina Faso in response to media reports following a radio interview that occurred on Saturday, October 5, 2024 with President Traoré of Burkina Faso. President Traoré spoke on Radio Burkina to commemorate the two-year anniversary of his Presidency. During the interview, the President discussed several topics including corruption, security, transport, agriculture and mining, including a reference to the possible withdrawal of certain mining permits for companies operating in violation of the laws of Burkina Faso. IAMGOLD is not aware of any potential challenge to, or withdrawal of, its permits for the Essakane mine, which continues to operate...

Arizona Sonoran Copper Company Inc. is pleased to announce that it has filed and been receipted for a final short form prospectus in connection with its bought deal offering of 20,700,000 common shares in the capital of the Company at a price of C$1.45 per Common Share for gross proceeds to the Company of C$30,015,000 , as further described in the press releases of the Company dated September 24, 2024 and September 27, 2024. Pursuant to the Offering, the Company also granted the underwriters an over-allotment option to purchase at the Issue Price up to an additional 15% of the Common Shares issued in connection with the Offering, which option is exercisable, in whole or in part, by the underwriters at any time until and including 30 days after the closing of the Offering. In ...

Fortuna Mining Corp. today shared an update on its operations at the Yaramoko Mine in Burkina Faso. On October 5, 2024, Burkina Faso's President Ibrahim Traoré made public comments regarding mining companies operating in the country and the possible withdrawal of existing mining permits. Fortuna has sought clarification from the country's Ministry of Mines on this point and has received confirmation that the government has no plans to withdraw existing mining permits which are in compliance with Burkina Faso's laws. The Yaramoko Mine is in compliance with all material laws and operations continue to be conducted normally. The Yaramoko Mine has been in operation since 2016 and reached the one-million-ounce gold pour milestone on May 19, 2024 . Yaramoko is expected to contribute...

LaFleur Minerals Inc. is pleased to announce that the OTC Markets Group has approved the trading of its common on the OTCQB® Venture Market . The Company's common shares started trading on the OTCQB under the symbol "WPNNF" as of the opening of the market on October 7, 2024. Uplisting to the OTCQB will provide the Company with greater liquidity and a more seamless trading experience for U.S. shareholders. The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol "LFLR". The OTCQB is the premier marketplace for early stage and developing U.S. and international companies including those in the mining and natural resources sectors. Companies listed on OTCQB are current in their reporting and undergo an annual verification and managem...

Origen Resources Inc. announces that it has been in discussions for a number of months with a strategic investor regarding a significant and transformative investment into Origen that would result in a change of control following the proposed second tranche of the investment. The terms of the investment had been agreed to by September 27, 2024. The Company was aware it needed shareholder approval for the Control Person to be created resulting in a "control person vote" resolution being included in its information circular for its October 25, 2024 annual general and special meeting of shareholders. The information circular and related meeting materials were prepared on the basis of the agreed investment terms and in reasonable anticipation that the subscription agreement with ...

London, 7 October 2024 - Endeavour Mining Plc notes media reports following a radio interview with the President of Burkina Faso, Ibrahim Traoré. On 5 October President Traoré spoke on Radio Burkina to commemorate two years of his Presidency. He discussed several topics including corruption, security, transport, agriculture and mining, including a reference to certain mining permits that may potentially be revoked. Endeavour remains a trusted partner to the Government of Burkina Faso and can confirm that it is not currently aware of any plans to revoke any of its mining permits. The Government remains supportive of Endeavour's position in country as evidenced by the recent successful settlement agreement that Endeavour signed, involving the State of Burkina Faso, in respect o...

Sonoran Desert Copper Corp. is pleased to announce that it has contracted Mr. Fabrício Santos, Senior Geographer, Specialist in Geotechnology, and M.Sc. in Geophysics, to perform the evaluation and organization of geophysical data sets, organize the drillhole database with the correlation of geophysical anomalies from the historical data of Induced Polarization and Electrical Resistivity of the Cuatro Hermanos Project1,2,3. "An overall assessment of the geographic and geophysical data produced in the Cuatro Hermanos Project can provide valuable insights that can guide strategic and operational decisions throughout the project cycle", stated Mr. Fabricio Santos, M.Sc. in Geophysics. Figure 1 shows the geological map and arrangement of the historical data in the project areas. T...

Joint Development Agreement with Fortune Global 500 Chemical Materials Company Multi-Billion Annual Revenue Generation with 40,000+ Employees in Over 50 Countries Developing Silicon Anode Products with Advanced Coating Materials and Methods To Enhance Structural Durability and Limit Battery Capacity Degradation Intention to Commercialize Jointly Developed Silicon Anodes Based on Performance TORONTO, Oct. 07, 2024 -- NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the Joint Development Agreement with a Fortune Global 500, multinational chemical materials company . The JDA Partner will remain confidential due to competitive strategy and protection of proprietary t...

Orezone Gold Corp. confirms that the Bomboré mining permit is valid, and that the government of Burkina Faso has no intention to withdraw or revoke the Bomboré mining permit. On October 5, 2024, the President of Burkina Faso, President Traore, spoke on Radio Burkina about several topics including corruption, transport, agriculture and mining. Importantly, with respect to security, the President spoke about the significant progress that has been made regaining territory lost to terrorist groups in the north and east of Burkina Faso, and he sees further progress by the end of 2025. Following the radio broadcast, there has been concerns in the mining sector about the government possibly withdrawing mining permits. The Company has been in contact with the government and they have...

Aurwest Resources Corp. is pleased to announce that the Company has entered into a Purchase & Sale Agreement dated October 4th, 2024 with Interra Copper Corp. pursuant to which, and subject to the terms and conditions contained therein, the Company will sell 100% right, title, and interest in the Stars Property , an early-stage porphyry copper-molybdenum discovery, covering 3,761 hectares in central British Columbia . Highlights Upon closing, Aurwest will receive an aggregate cash and equity consideration of approximately $1.1 million comprised of $250,000 in cash, 10 million common shares and 2.5 million common share purchase warrants of Interra. As a result of the Acquisition, Aurwest will be a significant shareholder of Interra and upon closing of the Acquisition, Interra ...