Champion Electric Metals Inc. is pleased to announce that the Company has closed on $800,000 in connection with the previously announced private placement offering of flow-through shares . The FT Shares will qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act . The gross proceeds from the issuance of the FT Shares will be used by the Company to incur Canadian exploration expenses that will qualify as "flow-through critical mineral mining expenditures", as defined in subsection 127 of the Income Tax Act and, in respect of Québec resident subscribers who are eligible individuals, will qualify for inclusion in the "exploration base relating to certain Québec surface mining exploration expenses" and the "exploration base relating to certain ...

Liberty Gold Corp. is pleased to announce it has received approval from the Bureau of Mining and Petroleum Affairs of the Ministry of Energy and Natural Resources of the Turkish Government for the previously announced sale of its interest in the TV Tower copper gold project , located in Biga Province, northwest Türkiye . The transaction is expected to close in September. Cal Everett, CEO and Director of Liberty Gold commented, "The government approval of the sale of TV Tower represents the final approval required for the transaction, which upon closing will complete the monetization process of all of Liberty Gold's Turkish assets and establish the Company as a pure Great Basin gold company advancing two Carlin-style gold deposits." Since signing the share purchase agreement, ...

Dolly Varden Silver Corp. is pleased to announce that it has entered into an agreement with Research Capital Corporation, as the sole bookrunner and co-lead underwriter, and together with Haywood Securities Inc. as co-lead underwriters, on behalf of a syndicate of underwriters, including Raymond James Ltd. , pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, a combination of securities of the Company for aggregate gross proceeds to the Company of $25,000,000: a) common shares of the Company at a price of $1.00 per Common Share for gross proceeds of $8,000,000, to be issued under a prospectus supplement to the Company's final short form base shelf prospectus dated April 25, 2023 ; and b) Common Shares that will qualify as "flow-through shares" ...

Toronto, Ontario - - Loyalist Exploration Ltd. announces a 30-day extension to September 17, 2024 of its non-brokered private placement financing of up to 70,000,000 common shares of the Company at a price of $0.005 per Share for proceeds of up to $350,000. The proceeds of the Offering will be used for working capital and general and administrative purposes and the costs of completing a share exchange among the Company and the shareholders of Millbrook Minerals Inc. In its press release dated June 5, 2024, the Company announced a letter of intent to amalgamate the Company and Millbrook. That intent has been changed to complete a share exchange rather than an amalgamation. The Company believes that will accomplish the same ends but be a much simpler transaction. In connection ...

Elemental Altus Royalties Corp. announces its operating and financial results for the three and six months ended June 30, 2024. For complete details, please refer to the Financial Statements and associated Management Discussion and Analysis for the three and six months ended June 30, 2024, available on SEDAR+ and the Company's website . All amounts are in U.S. dollars unless otherwise indicated. Financial Highlights Royalty revenue of US$3.8 million and adjusted revenue1 of US$5.2 million, up 10% on Q2 2023 Attributable Gold Equivalent Ounces1 of 2,211 ounces, down 7% on Q2 2023 Operating Cash Flow plus Caserones dividends of US$1.4 million, down 33% on Q2 2023 primarily due to working capital movements Adjusted EBITDA1 of US$3.4 million, up 3% on Q2 2023 Repayment of a furth...

Further to the news release of August 15th, 2024 reporting a private placement1 of 100,000,000 units at a price of C$0.01 per Unit to raise gross proceeds of C$1.0 million , NuLegacy Gold reports an Insider has sold a portion of their existing free trading shares of the Company to facilitate purchases by investors seeking free-trading shares with the proceeds of such Insider sales to fund subscription for additional Units under the Offering. As reported in his insider trading reports, Mr. Albert Matter, NuLegacy's CEO, sold 10,000,000 shares for proceeds of $50,000 and will subscribe for 5.0 million additional units; Mr. Matter had previously committed to subscribing for 10.0 million units, raising his total participation in the offering to 15.0 million units . The participation by directo...

McEwen Mining Inc. today reported the completion of the previously announced acquisition of all the issued and outstanding common shares of Timberline Resources Corp. by way of a merger between Timberline and a wholly-owned subsidiary of McEwen Mining . Timberline shareholders overwhelmingly approved the merger with McEwen Mining at Timberline's special meeting held on August 16th, 2024. "We are pleased to bring Timberline's assets into McEwen Mining and offer a warm welcome to its shareowners. We aim to move the Eureka project forward on multiple fronts, including additional exploration drilling, permitting activities and development planning," commented Rob McEwen, Chairman and Chief Owner. "Nevada is a place where we want to operate for a long time, our priori...

Emergent Metals Corp. announces that it will conduct a non-brokered private placement of up to 20,000,000 units at a price of CDN$0.05 per Unit to raise gross proceeds of up to CDN$1,000,000. Each Unit will consist of one common share in the capital of the Company and one whole non-transferable common share purchase warrant . Each whole Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.10 per Share for a period of 24 months from the date of issuance, subject to the following acceleration right. If, at any time after the date that is 4 months and one day after the date of issuance of the Warrants, the closing price of the Company's common shares on the TSX Venture Exchange is at or above CDN$0.15 per share for a period of 10 consecutive trading days...

VANCOUVER, BC, Aug. 19, 2024 /CNW/ - Trading resumes in: Company: Electra Battery Materials Corp. TSX-Venture Symbol: ELBM All Issues: Yes Resumption : 2:45 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specif...

Electra Battery Materials Corp. , a processor of low-carbon, ethically-sourced battery materials, announced today that it has been awarded $20 million by the U.S. Department of Defense. The award was made pursuant to Title III of the Defense Production Act to expand domestic production capability and is funded through the Additional Ukraine Supplemental Appropriations Act. The funds will support the construction and commissioning of North America's only cobalt sulfate refinery, capable of producing battery grade materials for lithium-ion batteries. Today, more than 80% of battery grade cobalt is produced in China. "Electra is committed to strengthening the resiliency of the North American battery supply chain," said Electra CEO, Trent Mell. "We are grateful to the U.S. Depart...

VANCOUVER, BC, Aug. 19, 2024 /CNW/ - The following issues have been halted by CIRO Company: Electra Battery Materials Corp. TSX-Venture Symbol: ELBM All Issues: Yes Reason: Pending News Halt Time : 1:56 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff...

Mineros S.A. announced today that it will be participating in Renmark Financial Communications Inc.'s live Virtual Non-Deal Roadshow Series to discuss its operations, tomorrow, Tuesday, August 20, 2024, at 12:00 PM EDT. Mineros S.A. welcomes stakeholders, investors, and other individual followers to register and attend this live event. The presentation will feature Andres Restrepo Isaza, President & Chief Executive Officer, Alan Wancier, Chief Financial Officer and Ann Wilkinson, Vice President, Investor Relations. Topics to be covered will include the latest financial and operational results followed by a live Q&A. Investors interested in participating in this event will need to register using the link below. As a reminder, registration for the live event may be limited ...

Decklar Resources Inc. is pleased to announce the execution of a Strategic Development Agreement with a consortium of technical and financial services providers , to advance the development of the Oza Field in Nigeria. Under the terms of the SDA, the TSP will earn up to a thirty-five percent economic interest in the Oza Field from Decklar's economic interest by providing the necessary funding and technical services for the workover of the Oza-4 well, the side-tracking of the Oza-2 well and the drilling of two new wells. The SDA is structured to align the interests of both parties, with the TSP's earn-in phased and linked directly to the achievement of specific drilling work and production enhancements. The TSP will work closely with Decklar and Millenium Oil & Gas Company Limi...