Gowest Gold Ltd. announced today that its shareholders and holders of common share purchase warrants of the Company have approved the previously announced plan of arrangement of the Company under the Business Corporations Act , pursuant to which a group of existing shareholders of Gowest propose to acquire all of the outstanding common shares of Gowest not already owned by the Acquiring Group, for cash consideration of $0.15 per Share. For additional details concerning the Arrangement, see the Gowest news release dated June 24, 2024. Approval of the Arrangement was obtained at a special meeting of Shareholders and Warrantholders held yesterday, September 5. The special resolution approving the Arrangement was required to be passed by: at least 66 2/3% of the votes cast in per...

Avidian Gold Corp. announces that it intends to consolidate its issued and outstanding share capital on the basis of one post-consolidation share for each fifteen pre-consolidation common shares . Management of the Company believes that the Consolidation will position the Company to gain greater exposure to investors that are not willing to trade equity stocks below a certain threshold and, as a result, increase the liquidity of the Company. The Consolidation was approved by a special resolution of the shareholders at the Company's annual general and special meeting held July 4, 2024, which resolution received 97.17% of the votes cast at the meeting. As of the date hereof, on a pre-Consolidation basis, the Company has 185,411,207 common shares issues and outstanding. As a res...

Aya Gold & Silver Inc. today provided an update on construction progress at its Zgounder Silver Mine in the Kingdom of Morocco. The expansion project was 98% complete as at August 30, fully funded, and on budget. The Corporation's engineering, procurement, and construction partner, Duro Felguera , encountered issues during commissioning of the hydraulic unit of the ball mill. As a result of these issues, DF recently advised Aya that a rework of the hydraulic unit piping is required. This does not impact the integrity of the ball mill, the hydraulic unit or other equipment. Commissioning of other subsystems is proceeding steadily, and the crushing circuit is now operational. As a result of the necessary rework, DF has requested and obtained from Aya a two-month extension for h...

Important milestone in securing project financing for the Crawford Nickel Sulphide Project Canada Nickel Company Inc. today announced receipt of a Letter of Interest from Export Development Canada , signed on August 30, 2024, stating its interest in providing long term debt financing of up to US$500 million of project debt, as Mandated Lead Arranger, for development of the Crawford Nickel Sulphide Project in Timmins, Ontario . EDC could consider a debt tenor of up to eighteen years, subject to certain conditions. EDC's participation in the Project financing is subject to the successful completion of its rigorous due diligence process. Mark Selby, CEO of Canada Nickel, said, "We are very pleased with the LOI as it marks an important milestone towards securing a full financing ...

Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today released its operations update for August 2024. "During August, we maintained our focus on low-cost operations and unit economics," said Asher Genoot, CEO of Hut 8. "Maximizing returns from our current fleet remains a priority while we continue to plan a thoughtfully structured fleet upgrade to next-generation ASICs. Reactor, our curtailment software, enabled us to mine when profitable and keep energy costs low during what is typically the hottest month of the year." "We also advanced commercialization efforts for our 205-megawatt site in the Texas Panhandle, as well as large-scale opportunities in our development pipeline that are suitable f...

Questcorp Mining Inc. is pleased to announce that it has entered into a letter of intent , dated effective September 4, 2024, with Riverside Resources Inc. , an arms-length party, whereby the Company will be granted an option to acquire a one-hundred percent interest in the La Union project located in Sonora, Mexico. In accordance with the terms of the Transaction, the Company can acquire a one-hundred percent interest in the Project in consideration for completion of a series of cash payments totaling $100,000, the issuance of 19.9% of the outstanding common shares of the Company, and the incurrence of no less than $5,500,000 of exploration expenditures on the Project, as follows: Deadline Cash Payment Share Issuance Exploration Expenditures Entering into Lette...

Blackrock Silver Corp. will be attending the 2024 Precious Metals Summit in Beaver Creek, Colorado being held on September 10-13, 2024. The Summit is the world's premier independent investment conference focused on explorers, developers and emerging producers of gold, silver and platinum group metals. This by-invitation-only event will bring together institutional investors, sell-side representatives and corporate executives from senior precious metals companies with management teams of close to 200 carefully selected, highly prospective issuers representing the world's mining and mineral exploration sectors. During the Summit, Blackrock's management team will be delivering a presentation outlining the findings of the initial Preliminary Economic Assessment on the Company's 1...

Riverside Resources Inc. , is pleased to announce that on September 4, 2024, it entered into a Letter of Intent with Questcorp Mining Inc. , whereby the Company will grant an option to Questcorp for the acquisition of a one-hundred percent interest in the La Union project located in Sonora, Mexico. Riverside will receive $100,000 and 19.9% in the ownership of Questcorp upon Questcorp investing $5,500,000 into the Project over a period of 4 years from the date of completing the Definitive Agreement. Union is a large, carbonate-hosted gold district with high grade gold-zinc and a former mining operation of the Penoles Mining Company of Mexico. The Project has drive up access, private ranch surface ownership, and geologic features similar to the major carbonate rep...

Ascot Resources Ltd. today announced that over the period of the past two months, mill operations at the Company's Premier Gold Mine have poured 3,430 oz of gold, which is 418% above the amount recorded over the entire second quarter. Additionally, in August, the mill has operated near or above its design capacity. The mill operations have progressed well; however, we believe that the amount of mine development at the Big Missouri mine has fallen behind schedule by approximately one to two months, and with the delay in the start of the Premier Northern Lights ramp from July to December last year, PNL production is also delayed. As a result, the number of stoping areas is not sufficient to provide enough production to adequately feed the mill. Although the Company is on track ...

Camino Minerals Corp. and Nittetsu Mining Co., Ltd. announce a one-week extension to their exclusive rights to finalize negotiations and documentation for the acquisition of the Puquios Project , a construction-ready copper mine located in Chile . The exclusivity period has been extended to September 14, 2024. About Nittetsu Mining CO., Ltd.: Nittetsu is a Japanese corporation listed on the Tokyo Stock Exchange with an 85-year history as a mining and trading company. Nittetsu is the operator of the Atacama Kozan mine located in the prolific Candelaria-Punta del Cobre copper district which is known to host iron-oxide-copper-gold type ore deposits. In addition, Nittetsu has made a decision to start construction of its 80% owned Arqueros copper mine in Chile. Nittetsu has expert...

Cruz Battery Metals Corp. is pleased to announce that, further to its news release dated August 1, 2024, it has entered into an arrangement agreement dated September 5, 2024 with its wholly-owned subsidiary, Makenita Resources Inc. , pursuant to which the Company intends to: transfer all of its rights, title and interest in and to its Hector Silver-Cobalt Project , consisting of 126 contiguous unpatented mineral claims totaling 2,243 hectares , located within the Coleman and Gillies Limit Townships, Larder Lake Mining Division, Timiskaming District, Ontario, Canada, and spin-out all of the securities of Makenita received in consideration for the Hector Property to Cruz's securityholders on a pro rata basis, all pursuant to a statutory plan of arrangement to be effected under ...

London, 6 September 2024 - Endeavour Mining Plc announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. Aggregated information Dates of purchase: 5 September 2024 Aggregate number of ordinary shares of USD 0.01 each purchased: 9,700 Lowest price paid per share : 1,520.97 Highest price paid per share : 1,520.97 Volume weighted average price paid per share : 1,520.97 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,625,938 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,625,938. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which the...

Bedford Metals Corp. wishes to provide a corporate update. Bedford continues to focus on advancing its uranium exploration projects in the Athabasca region of northern Saskatchewan, Canada and has made meaningful progress with its exploration initiatives. As reported in previous news releases, the Company has been actively advancing its exploration projects, particularly the Ubiquity Lake Uranium Project. Bedford is pleased with the initial results from its most recent exploration program, where the field team identified several promising targets. The Company is awaiting assay results from the samples collected during this program, which will provide further insight into the project's potential. In anticipation of favorable assay results, Bedford has already started planning ...