Summa Silver Corp. is pleased to announce that it has entered into an agreement with Research Capital Corporation and Eventus Capital Corp., as co-lead agents and joint bookrunners, on behalf of a syndicate of agents in connection with a brokered private placement of up to 12,500,000 units at a price of $0.40 per Unit, for aggregate gross proceeds of up to $5 million. Each Unit will be comprised of one common share of the Company and one-half of one Common Share purchase warrant . Each whole Warrant shall be exercisable to acquire one Common Share at a price of $0.55 per Common Share for a period of 24 months from the closing of the Offering. The Units sold pursuant to the Offering are expected to be offered to purchasers in all provinces of Canada, except Quebec, and other q...

Indico Resources Ltd. announces that, pursuant to its news releases dated January 10, 2024, January 24, 2024 and September 27, 2024, it has closed the previously announced shares for debt transaction, pursuant to which the Company has converted an aggregate of $1,145,972.37 in debt owed to certain creditors of the Company for 7,639,815 common shares in the capital of the Company at a deemed issue price of $0.15 per Debt Share . Certain insiders of the Company participated in the Debt Settlement and are related parties of the Company pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions . Related party involvement in the Debt Settlement constitutes a "related party transaction". As the Company is listed on the NEX Board of...

Elcora Advanced Materials Corp. , , announces that, subject to TSX Venture Exchange acceptance, the Company plans to amend the terms of an 8% interest bearing, unsecured, convertible promissory note in the principal amount of CDN$102,750 that was issued upon the closing of a financing announced on May 16, 2024. The Company proposes to change the maturity date of the Convertible Note from September 27, 2024 to March 27, 2025. All other terms and conditions of the Convertible Promissory Note remain unchanged. The principal amount of the Convertible Note may be converted in whole or in part into fully paid and non-assessable common shares in the capital of the Company at a conversion price of CDN$0.05 per Common Share, resulting in the issuance of up to 2,055,000 Common Shares u...

Magna Mining Inc. announces that on October 17th, 2024, it granted a total 250,000 stock options to purchase common shares of the Company to certain officers and employees pursuant to the Company's Stock Option Plan. Such Options are exercisable into common shares of the Company at an exercise price of $1.17 per common share for a period of five years from the date of grant. The Options vest 1/3 immediately and 1/3 annually thereafter. All of the Options expire on October 17th, 2029. In addition, on September 19th, 2024, the Company granted a total of 1,031,900 options to certain directors and employees of the company pursuant to the Company's Stock Option Plan. These options are exercisable into common shares at an exercise price of $1.15 per common share for a period of fiv...

Rio2 Ltd. today announces that it has arranged a mine construction financing package expected to total approximately US$150 million for construction and general working capital of the Company's 100%-owned Fenix Gold Project in Chile . This funding package marks a significant de-risking milestone for Fenix Gold, and with all key sectorial permits for construction now in hand, Rio2 is positioned to fully execute the development, ramp-up and operation of the Fenix Gold mine. The total financing package is comprised of the following: US$120 million financing package with Wheaton Precious Metals International Ltd. ; Overnight marketed public offering of common shares of the Company to raise gross proceeds of up to C$40 million led by Raymond James Ltd. and Eight Capital ; and Non-...

Rush Rare Metals Corp. is pleased to announce that its earn-in partner on the Copper Mountain uranium property in Wyoming, Myriad Uranium Corp. , has advised that Myriad will be accelerating its option to acquire an initial 50% interest in Rush's Copper Mountain Project. To exercise the 50% option, Myriad will issue an aggregate of 1,093,702 Myriad common shares to Rush under the property option agreement dated October 18, 2023, as amended. Myriad also advises that it has made more $1,500,000 in qualifying expenditures at Copper Mountain, as required under the agreement to exercise the 50% option. Myriad's news release dated October 21, 2024, can be found here, and contains comments from the CEOs of both Rush and Myriad. About Rush Rare Metals Corp. Rush Rare Me...

RJK Explorations Ltd. announces an increase to the size of its previously announced non-brokered private placement . The Offering will now be for aggregate gross proceeds of up to $425,000. The Offering will consist of the sale of units of the Company at a price of $0.035 per unit. Each unit will consist of one common share of the Company and one warrant entitling the holder to acquire one Common Share for a period of five years from the date of issuance at an exercise price of $0.07. The Company plans to use the net proceeds raised from the sale of the Units for diamond drilling of potential kimberlite, base and precious metal targets and for general working capital purposes . The Offering is subject to customary closing conditions including, but not limited to, receipt of a...

Puma Exploration reports that it has satisfied, ahead of schedule, the requirements for its purchase of 100% interest in 341 claims announced on March 1, 2022. The Claims cover the Panthera Gold Zone and the newly discovered Lion Gold Zone. To complete its acquisition of 100% interest in the Claims, Puma had an obligation to issue the Vendor 250,000 common shares of the Company and a C$50,000 cash payment on or before February 2025 . This agreement, amongst others, negotiated by Puma to extend its property, was the last to be fully executed. The 100%-owned Williams Brook Gold Project includes the Williams Brook, Portage and Jonpol properties . Figure 1. Puma's land holdings in Northern New Brunswick Surface exploration work was performed on the claims this past summer wi...

Hi-View Resources Inc. is pleased to announce it is launching a non-brokered private placement of up to 5,000,000 units , at a price of $0.02 per Unit for gross proceeds of up to $100,000 . The Units will consist of one common share of the Company and one share purchase warrant . Each Warrant will be exercisable by the warrant holder to acquire one additional Share at a price of CAD$0.05 for a period of 24 months from the closing of the Offering. Hi-View will use the net proceeds from the Offering for general working capital. The issuance of securities in connection with this Offering will be subject to Canadian Securities Exchange approval and the securities will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with ap...

Sienna Resources Inc. is pleased to announce a non-brokered private placement of flow-through shares to raise aggregate gross proceeds of up to $250,000. The flow-through offering will comprise up to 5,555,556 flow-through units, at a price of $0.045 per flow-through unit, for gross proceeds of up to $250,000. No warrants will be issued and a finders' fee may be payable to applicable finders. Net proceeds from the sale of the flow-through shares will be used on the Company's existing projects in Ontario and or Saskatchewan. Jason Gigliotti, President of Sienna stated, "This placement will enable Sienna to get boots on the ground on at least one Canadian project at a time when the junior resource market is starting to show signs of a significant recovery. This is great timing ...

PPX Mining Corp. announces that on October 19, 2024 it subscribed an Engineering Procurement and Construction agreement with Sertecpet de Peru S.A. to build most of PPX's 350 tpd CIL and Flotation plant for its Igor Project, located in La Libertad, Peru. Sertecpet will carry out the following activities: Additional detailed engineering. Site preparation and all civil works for crushing, grinding, leaching and flotation systems, including all concrete construction. Equipment purchasing as specified by PPX, including all logistics and customs clearance. Construction materials purchasing, including all logistics. Mechanical installation of equipment, crushing, grinding and flotation units, including electrical and piping works. A qualified subcontractors will supply and install ...

QC Copper to acquire the remaining 50% ownership interest from SOQUEM Roger has a 43-101 resource estimate showing 535,000 ounces gold equivalent @ 0.95 g/t AuEq. QC Copper and Gold Inc. is pleased to announce that it has signed an arm's length definitive agreement to acquire the remaining 50% ownership interest in the Roger Gold-Copper Project , located in the prolific Chibougamau mining district of Quebec. QC Copper is acquiring the remaining 50% interest from SOQUEM, a subsidiary of Investissement Québec. Link to QC Copper and Gold Webinar - Strategic Acquisition of Roger Project Roger Project Highlights The Roger Project spans 987-hectares, and is located 5km from the historic mining center of Chibougamau, Quebec. It is easily accessible via all-season road, and has acces...

Letter of Intent Signed with Lotus Energy Recycling for Canadian Joint Venture To Collaborate on Recycling End-of-Life Photovoltaic Cells and Solar Panels in North America Focus on Recovering Valuable Silicon Materials for Battery Applications Initiated Recovered Silicon Material Testing and Evaluation for Anode Active Material Development in Lithium-Ion Batteries TORONTO, Oct. 21, 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 signing of a non-binding Letter of Intent with collaborating partner, Lotus Energy Recycling on October 8, 2024. The LOI outlines the intent to form a joint venture focused on recycling end-of-life photovoltaic cells and sola...