East Africa Metals Inc. has completed the negotiations of the Relocation Action Plan to allow the mine development activities to begin at the Mato Bula and Da Tambuk projects in the Tigray Regional State, Ethiopia. The completion of the RAP is a crucial step for mining projects in Ethiopia, a critical process to ensure that any displacement of communities and disruption of agricultural land is managed effectively and ethically. The purpose of a RAP is to minimize any negative impact of displacement and ensure fair compensation for disruption to agricultural lands. Due to the projects' remote location and the low value agricultural value of the area of the proposed mine development, no persons were required to be relocated after the RAP review. However, a negotiated settlement...

Abcourt Mines Inc. announces that it has completed a fifth and final closing of the non-brokered private placement announced on March 12, 2024 , for additional gross proceeds of $627,570, representing 12,551,400 units of the Corporation , at a price of $0.05 per Unit. Each Unit consists of one common share of the Corporation and one common share purchase warrant . Each Warrant entitles its holder to subscribe for one Common Share at a price of $0.06 for a period of 36 months. Abcourt has issued a total of 88,434,400 Units for aggregate gross proceeds of $4,421,720 under the Private Placement. Abcourt paid finder's fees in an amount of $25,000 and issued 500,000 Warrants to an arm's length third-party who assisted Abcourt by introducing subscribers to the Corporation in connecti...

Allied Gold Corp. has released its 2023 Sustainability Report, outlining how the Company views and integrates sustainability into its business strategy across its operations, projects and offices. Allied is committed to operating responsibly and creating shared value for all stakeholders, with a focus on respecting human rights, enhancing community health and safety, creating employment, development and inclusion opportunities and protecting and enhancing natural environments. The report highlights the Company's progress under its environment, governance and social priorities and sets out planned initiatives for 2024. This is Allied Gold's first Sustainability Report since listing on the TSX in 2023 and has been developed in alignment to relevant SASB and GRI Standards and TC...

1911 Gold Corp. is pleased to announce the results of its 2024 Annual General and Special Meeting of shareholders held on Wednesday, June 26, 2024, in Vancouver, Canada. Shareholders holding 58,765,642 common shares, or 43.7% of the outstanding common shares of the Company were represented in person or by proxy at the Meeting and voted in favour of all matters brought before the Meeting: Electing each management-nominated director; Appointing Baker Tilly WM LLP as the Company's auditor; An ordinary resolution approving the Company's new long-term incentive plan; An ordinary resolution of disinterested shareholders approving the creation of a new Control Person. A summary of the results for the election of 1911 Gold's Board of Directors is provided below: Nominee Votes For Vot...

Nouveau Monde Graphite Inc. held today its virtual Annual General and Special Meeting of Shareholders which was supplemented with a corporate presentation. NMG's management team provided shareholders with an update on the Company's key projects, agreements with Anchor Customers Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , and General Motors Holdings LLC, a wholly owned subsidiary of General Motors Co. , additional commercial engagement, as well as growth plan. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240627856196/en/ Caterpillar, NMG and Toromont representatives at Caterpillar's Tuscon Mining Center as part of a two-day on-site visit. Eric Desaulniers, Founder, Pr...

79 Resources Ltd. - - reports that it intends to increase the availability of its previously announced non-brokered common share unit financing , otherwise remaining consistent with the terms previously announced by press release , but now comprising an upsized maximum of up to 2,000,000 common share units to be issued at a price of $0.07 per Unit. Each Unit shall consist of one common share of the Corporation and one common share purchase warrant that entitles the holder of a Warrant, upon further payment to the Corporation, to acquire one additional common share of the Corporation at an exercise price of $0.10 per Warrant Share on any date prior to the date which is two years following the closing date of the Financing, or tranche thereunder. As previously announced, the Co...

Sabre Gold Mines Corp. is pleased to announce that shareholders voted in favor of all resolutions presented in its management information circular at the Annual General Meeting of Shareholders held on June 27, 2024. A total of 28,911,361 common shares were voted at the Meeting, representing 36.3% of the votes attached to all outstanding common shares and voting results are as follows: Description Outcome Votes For Votes Against Set Number of Directors at Five Carried 27,935,625 975,736 Election of Directors Outcome Votes For Votes Withheld Andrew Elinesky Carried 25,184,411 1,453,089 Claudio Ciavarella Carried 25,096,456 1,541,044 Tony Lesiak Carried 25,137,080 1,500,420 Fahad Al Tamimi Carried 25,096,417 1,541,083 Stefan Spears Carried 25,146,453 1,491,047 Appointment of Aud...

HighGold Mining Inc. is pleased to announce that shareholders and optionholders of the Company have overwhelmingly approved the previously announced arrangement involving the Company and Contango Ore Inc. at the Company's special meeting held today. At the Meeting, the special resolution approving the Arrangement was approved by 93.69% of the HighGold Shareholders, 94.39% of the HighGold Securityholders voting as a single class, and 93.55% of the HighGold Shareholders, excluding votes required to be excluded pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. Accordingly, the HighGold Securityholder approval required to proceed with the Arrangement has been obtained. "We are very pleased to have this tran...

Dryden Gold Corp. announces that it has amended its stock option grant, previously announced on June 11, 2024, to reduce the total number of incentive stock options granted from 2,500,000 to an aggregate of 2,250,000 incentive stock options. The incentive stock options are granted under the Company's stock option plan to management, board of directors, strategic advisors, investor relations service providers and consultants of the Company. The terms of the stock options remain unchanged and are exercisable at a price of $0.14 per share for a period of 10 years from the date of grant. The options will vest 20% on the date of grant and 20% every six months thereafter for a total period of two years. ABOUT DRYDEN GOLD CORP. Dryden Gold Corp. is an exploration company focused on ...

Showcase Minerals Inc. is pleased to announce drill results from the two completed holes at their Dixie Flats-North Star Gold Project in Elko County, Nevada. The 2024 drill program was conducted in Section 18 of T 31N R 54E Hole DF24-01 and was completed to 373.4 meters at an azimuth of 300˚and dip of -55˚. This first hole was designed to test for gold mineralization along a fault parallel and west of the Dark Star Fault northern extension . The fault is normal and down dropped to the east. In addition, gold mineralization at the Webb Formation-Devils Gate Limestone was targeted. Section 18 lies at the intersection between a northwest-oriented Emigrant fault zone or corridor, and a north-northeast fault zone that extends at least to the Dark Star Deposit owned by Or...

Rome Resources Ltd. announces that the date of its special meeting of Rome shareholders has been changed from July 2, 2024 to July 12, 2024. The Meeting is being held to seek shareholder approval of the previously announced plan of arrangement transaction pursuant to which Pathfinder Minerals Plc , a non-arm's length party to the Company, has agreed to acquire all of the outstanding shares of Rome , subject to satisfaction of the conditions precedent set forth in the arrangement agreement dated May 7, 2024 relating to the Arrangement. The Company is postponing the Meeting in order to provide Rome shareholders with time to review an AIM admission document, which is being prepared by Pathfinder in accordance with AIM Rules for Companies and which is expected to be published in ...

Copyright 2024 TheNewswire - All rights reserved....

Dynacor Group Inc. announced its monthly dividend payment for July 2024 in the amount of C$0.01167 per common share which will be payable on July 18, 2024, to shareholders of record as of the close of business on July 10, 2024. This dividend represents the fifty-second dividend and forty-second monthly dividend payment made to shareholders. The Corporation's monthly dividend qualifies as an "eligible dividend" for Canadian income tax purposes. The payment and increase of dividends are at the discretion of the Board and will depend on the Corporation's financial results, cash requirements, prospects and other factors deemed relevant by the Board. ABOUT DYNACOR Dynacor is a dividend-paying industrial gold ore processor headquartered in Montreal, Canada. The corporation is engag...