Rare Element Resources Ltd. is pleased to announce that the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has issued the second and final Project Continuation Notice following its approval of the operations budget and confirmation of readiness for the operations phase of the Company's rare earth processing and separation demonstration plant . This notice allows operations to formally commence once the Company receives the U.S. Nuclear Regulatory Commission operations approval under the previously issued license, which is anticipated in the coming weeks. These milestones will allow for the commencement of operations in the fourth quarter of 2024. The Demonstration Plant, which has been designed to advance the Company's proprietary processing and s...

Western Star Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement for aggregate gross proceeds of CAD$129,998. The Company issued 1,444,421 million units of the Company, at a purchase price of $0.09 per unit. Each unit is comprised of one common share in the capital of Western Star and one share purchase warrant, which is exercisable into one common share at an exercise price of $0.125 per share expiring September 26, 2026. The Company intends to use the net proceeds from general working capital. Insiders participated in the placement and, as such, their participation in the Private Placement is a related-party transaction under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transaction...

Miata Metals Corp. is pleased to announce it has entered into an agreement with Clarus Securities Inc. and PowerOne Capital Markets Limited pursuant to which the Lead Agents will act on behalf of the Company, on a "best-efforts" agency basis in connection with a brokered private placement of up to 8,333,333 units of the Company , at a price per Unit of $0.60, for aggregate gross proceeds of up to $5,000,000. Each Unit shall consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant shall entitle the holder to purchase one Share at a price of $0.90 for a period of 24 months following the Closing Date. The net proceeds raised from the Offering will be used for the continued exploration and advancement of the Company's exploration...

Eric Sprott announces that, today, 2176423 Ontario Ltd., a corporation beneficially owned by him, exercised 10,000,000 common share purchase warrants of Outcrop Silver & Gold Corp.., at $0.20 per common share for aggregate consideration of $2,000,000. The exercise of Warrants, combined with prior corporate treasury issuances of Shares, resulted in a decrease in holdings of approximately 2.3% of the outstanding Shares on a partially diluted basis since the date of the last early warning report. Prior to such exercise, Mr. Sprott beneficially owned 31,042,800 Shares and 12,000,000 Warrants representing approximately 10.4% of the outstanding Shares on a non-diluted basis and approximately 13.9% on a partially diluted basis assuming the exercise of such Warrants. As a result of th...

Silver Elephant Mining Corp. is pleased to announce that all resolutions put forward at the Annual General & Special Meeting of the Company's shareholders held on September 25, 2024, as described in the Company's information circular dated August 9, 2024 , were approved. A summary of the results are set out below: Number of Directions: set the number of directors at four . Election of Directors: the nominees listed in the Circular were all elected as Directors until the next annual general meeting of the shareholders. Detailed results of the vote are set out below: Votes For % For Withheld / Abstain % Withheld / Abstain John Lee 3,001,378 95.92% 127,602 4.08% Greg Hall 3,028,285 96.78% 100,695 3.22% Douglas Flett 3,027,888 96.77% 101,092 3.23% Nigel Lees 3,027,181 96.75% 101,...

Luca Mining Corp. is pleased to announce it has closed its fully subscribed brokered private placement pursuant to the "listed issuer financing exemption" under Part 5A of NI 45-106 - Prospectus Exemptions resulting in the issuance and sale of 19,000,000 units of the Company at a price of C$0.45 per LIFE Unit for aggregate gross proceeds of C$8,550,000 . The Company also closed its concurrent non-brokered private placement of 6,126,167 units of the Company at a price of C$0.45 per Non-LIFE Unit for aggregate gross proceeds of C$2,756,775 . The combined gross proceeds raised pursuant to the Financings was C$11,306,775. Each Unit consisted of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant is exercisable to acquire one Common Shar...

Adamera Minerals Corp. reports that the non-brokered private placement announced on September 6, 2024 is fully subscribed with a total of 3,391,024 units at a price of $0.15 per unit for gross proceeds of $508,653.60. Each unit will consist of one common share of the Company and one share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at a price of $0.20 for a period of 5 years from the date of closing of the private placement. If the shares of the Company trade at price of $0.30 or above for 10 or more consecutive days during the five-year period, warrant holders will have 30 days to exercise the warrant. A total of 491,667 units are subscribed by officers and directors of the Company and constitutes "related party transactions"...

Greenheart Gold Inc. is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with a syndicate of underwriters led by Canaccord Genuity and Paradigm Capital , to increase the size of its previously announced "bought deal" private placement to aggregate gross proceeds of C$33,000,000 , consisting of 66,000,000 common shares of the Company at a price of C$0.50 per Common Share . The Company has also granted the Underwriters an option to purchase up to an additional 9,900,000 Common Shares at the Offering Price for additional gross proceeds of up to C$4,950,000 exercisable at any time up to 48 hours prior to the closing of the Offering. The net proceeds received from the Offering will be used by the Company to acquire and explore m...

ST. JOHN'S, NL / ACCESSWIRE / September 26, 2024 / Sokoman Minerals Corp. is pleased to provide the following updates from the 100%-owned Moosehead Gold Project in central Newfoundland. The current focus at Moosehead is on plans to extract bulk samples. The first sample is a conventional bulk sample on the Western Trend using drill and blast methods . The second bulk sample is with Novamera Inc. at the Footwall Splay in the Eastern Trend, utilizing Novamera's proprietary surgical mining technique. Due to lengthy lab turnaround times, the Company is waiting for the gold assay results from 28 holes. Timothy Froude, P. Geo., President and CEO, states, "We are thrilled with the advances we've made on both bulk-sample projects and eagerly anticipate the completion of the Western T...

Outcrop Silver & Gold Corp. is pleased to announce a non-brokered private placement offering of 22,727,273 units of the Company at a price of $0.22 per Unit for aggregate gross proceeds of up to $5,000,000 . The Company is pleased to advise that Eric Sprott, through 2176423 Ontario Ltd., has subscribed for the entire Offering. Each Unit will be comprised of one common share of the Company and of one-half of one Common Share purchase warrant of the Company . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.30 for a period of 24 months following the closing of the Offering. The net proceeds from the Offering will be used by the Company for the exploration and development of the Santa Ana Project, working capital and general cor...

Toronto, Ontario-- - Q Precious & Battery Metals Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 11,218,013 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on September 30, 2024 Dealers are reminded to re-enter their orders taking into account the share consolidation. _________________________________ Q Precious & Battery Metals Corp. a annoncé une consolidation de ses actions ordinaires émises et en circulation sur la base d'une action ordinaire post-consolidée pour dix actions ordinaires...

First Mining Gold Corp. is pleased to announce the closing of its previously announced bought deal public offering of 59,629,800 units of the Company at a price of $0.135 per Unit for aggregate gross proceeds of $8,050,023, which includes the exercise of the full amount of the over-allotment option granted to the underwriters of 7,777,800 Units. The Offering was completed pursuant to an underwriting agreement dated September 23, 2024, among the Company, Cormark Securities Inc. and Haywood Securities Inc., as co-lead underwriters and joint bookrunners, and Ventum Financial Corp., BMO Capital Markets and H.C. Wainwright & Co., LLC. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder to ac...

The plant will be the only one of its kind in the United States. The constructed plant will be the only domestic producer of this critical mineral and high-grade industrial product. Extensive domestic and international interest in the new plant's output and products. Ares Strategic Mining Ltd. is pleased to announce that the fabrication of its state-of-the-art flotation plant has been completed, and the Company has taken possession of the facility. The Company has now begun arranging to ship the plant to the United States, where it will be assembled and integrated into its production construction project. The plant, which will be housed within a specially designed 2-storey structure, is capable of manufacturing acid grade fluorspar through an advanced flotation process. This ...