Mirasol Resources Ltd. today announced it is arranging a non-brokered private placement financing of up to 666,667 Units at a price of $0.45 per Unit for aggregate gross proceeds of $3.0 million. Each Unit will be comprised of one common share and one-half of one non-transferable common share purchase warrant , with each whole Warrant entitling the holder to purchase one additional common share at a price of $0.60 for a period of twelve months from closing of the Offering. The net proceeds of the Offering will be used to expand Mirasol's successful exploration programs and for general corporate purposes. Finders' fees may be payable on a portion of the Offering. The shares issued under the Offering will be subject to a four month hold period. The Offering is subject to customa...

Euro Manganese Inc. is pleased to announce that it will appoint Ms. Ludivine Wouters as a non-executive Director to the Board of Directors of the Company. Ms. Wouters is based in France and has experience in European policy on mining and minerals, including critical raw materials, which will be invaluable to the Company as it moves forward with the development of the Chvaletice Manganese Project in the Czech Republic. Ludivine is currently managing partner of Latitude Five where she oversees the Mining and Minerals practice. As a strategy, governance, and policy adviser with expertise in transaction management, regulatory affairs, government relations and permitting, she assists natural resources companies and investors. She also works on technical assistance programs for Sta...

Boron One Holdings Inc. is pleased to announce that it has closed the second and final tranche of its non-brokered Unit Private placement . In the first tranche the Company raised proceeds of $258,500 through the sale of 5,171,000 Units. In the second tranche the Company accepted subscriptions for 1,880,000 Units at a price of $0.05 per unit, for gross proceeds of $94,000. The Company paid finders fees on the second tranche to a qualified finder of $1,500 cash and issued 30,000 broker warrants, which are on the same same terms as the warrants forming part of the Units. Pursuant to the terms of the Financing, each unit consists of one common share and one common share warrant. Each warrant entitles the holder to subscribe for one additional common share for $0.07 for a period ...

Eldorado Gold Corp. will release its Third Quarter 2024 Financial and Operational Results after the market closes on Thursday, October 31, 2024, and will host a conference call on Friday, November 1, 2024 at 11:30 AM ET . Q3 2024 Financial and Operational Results Call Details The call will be webcast and can be accessed at Eldorado Gold's website: www.eldoradogold.com, or via: https://event.choruscall.com/mediaframe/webcast.html?webcastid=EB9o82Zh. Conference Call Details Replay Date: November 1, 2024 Vancouver: +1 412 317 0088 Time: 11:30 AM ET Toll Free: 1 855 669 9658 Dial in: +1 647 484 8814 Access code: 6725564 Toll free: 1 844 763 8274 Participants may elect to pre-register for the conference call via this link: https://dpregister.com/sreg/10192246/fd5e1d8d60. Upon regist...

ValOre Metals Corp. announced that between September 19th and 24th, the CEO of the Company has sold an aggregate of 33,653,000 common shares of the Company from his personal holdings, for net aggregate proceeds of approximately $2,000,000. The CEO of the Company is expected to use the proceeds generated from the sale of these shares to subscribe for an aggregate of approximately 26,650,000 newly issued treasury securities of the Company under its previously announced private placement offering of Units at a price of CDN$0.075 per Unit . Each Unit will consist of one common share in the capital of the Company and one transferable common share purchase warrant . Each Warrant will be exercisable to acquire one Share at a price of CDN$0.10 per Share for a period of 36 months from...

Strategic Minerals Europe Corp. , today announces that its wholly-owned Spanish subsidiary, Strategic Minerals Spain, S.L.U. , has commenced a voluntary structured insolvency process that includes the appointment of an insolvency administrator over SMS and its property by the Spanish court. As previously disclosed, despite the Company's eagerness to resume operations during the first half of 2024, operations remained suspended due to the Superior Court of Xustiza of Galicia's decision to provisionally suspend the section C permit for the Company's Penouta tin-tantalum mine in Spain . Following the termination of the previously announced business combination agreement between the Company and IberAmerican Lithium Corp. on August 1, 2024, the Company has failed to ...

Bunker Hill Mining Corp. announces that it has closed the second tranche of the previously announced silver loan with Monetary Metals Bond III LLC , an entity established by Monetary Metals & Co., in the principal amount of US$6,369,000, being the amount of US dollars equal to, as of September 24, 2024, 200,000 ounces of silver . As described in the news releases dated June 7, 2024, and August 8, 2024, MM has agreed to loan the Company a principal amount of US dollars equal to up to 1.2 million ounces of silver, to be advanced in one or more tranches, in support of the re-start and ongoing development of the Bunker Hill Mine . On August 8, 2024, the Company closed on the first tranche of the Silver Loan in the principal amount of US$16,422,039, being the number of US dollars ...

Lions Bay Capital Inc. held its Annual General Meeting of Shareholders on September 12, 2024. All matters put to shareholders were approved by an overwhelming majority. At the Meeting, shareholders voted in favour of electing independent director Patrick Power to the Company's Board. Mr. Power is a seasoned venture capitalist and financier with over 20 years of experience as a stock market professional and as director of public companies. Mr. Power has a wealth of experience as a savvy dealmaker, an adept financier and as a results-driven leader of dynamic public companies. In addition to joining the Company's Board, Mr. Power has been appointed as an independent member of the Company's Audit Committee. CEO John Byrne stated: "We are pleased to have Mr. Power join our Board o...

Greenheart Gold Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity and Paradigm Capital on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 50,000,000 common shares of the Company at a price of C$0.50 per Common Share for gross proceeds of C$25,000,000 . The Company has also granted the Underwriters an option to purchase up to an additional 7,500,000 Common Shares at the Offering Price for additional gross proceeds of up to C$3,750,000 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 mineral properties in Guyana and Suriname...

Sandstorm Gold Ltd. is pleased to announce that its Board of Directors has declared the Company's fourth quarterly cash dividend for 2024 in the amount of C$0.02 per common share to shareholders of record as of the close of business on October 15, 2024. The dividend will be paid on October 25, 2024. The dividend qualifies as an "eligible dividend" as defined in the Income Tax Act . The declaration, timing, amount, and payment of future dividends will be subject to the discretion and approval of the Board of Directors. The Company will review the dividend program on an ongoing basis and may amend it at any time depending on the Company's then current financial position, capital allocation framework, profitability, cash flow, debt covenant compliance, legal requirements and oth...

Dryden Gold Corp. is providing a correction to the increased maximum number of shares being issued under its the previously announced non-brokered equity financing . The Upsized Financing has been increased by an additional 4,000,000 FT shares and the aggregate maximum number of shares to be issued will be 42,000,000 while the maximum aggregate proceeds will remain at up to $5,100,000. The Upsized Financing is comprised of the increased number of FT Shares at a price of $0.13 per FT Share, charity flow-through units at a price of $0.15 per CFT Unit and hard dollar units at a price of $0.11 per HD Unit. The CFT Units will consist of one FT Share of the Company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one addition...

Nova Minerals Ltd. is pleased to provide an opportunity for both its Australasian and US/European shareholders, investors, and the broader market to attend a live virtual presentation by Nova's CEO, Christopher Gerteisen. To facility the different time zones, webinars will be held in both US Eastern Standard Time and Australian Eastern Standard Time as detail below. The Company will present an outline of its Estelle Project, detailing the development optionality it is currently investigating as part of the feasibility studies as well as discuss its exploration strategy and path towards production. At the conclusion of the presentation there will be an opportunity for attendees to ask questions of management. Although the live webinar presentations will be provided using the C...

Mine Life Extended to the End of 2032 with 36% Increase in Total Silver Equivalent Production Strong Free Cash Flows Throughout the Updated Life of Mine Numerous Opportunities Available for Further Growth, Mine Life Extension and Margin Improvement VANCOUVER, British Columbia, Sept. 25, 2024 -- Gatos Silver Inc. today reported an updated life of mine plan that adds two years of additional reserves and a 36% increase in silver equivalent production compared with the prior LOM plan at the Cerro Los Gatos Mine in Mexico. Gatos Silver also disclosed an updated mineral reserve estimate and mineral resource estimate with an effective date of July 1, 2024. The Company has a 70% interest in the Los Gatos Joint Venture , which in turn owns the CLG mine. The Company has agreed to be ac...