Vancouver - Red Canyon Resources Ltd. announces that it has granted 2,015,000 incentive stock options to directors, officers, employees and consultants of the Company. Each Option is exercisable to purchase one common share of the Company at a price of $0.20 for a five-year term and vests immediately. The Options are subject to the acceptance of the Canadian Securities Exchange. About Red Canyon Resources Red Canyon Resources Ltd. is a geoscience-driven, discovery-focused mineral exploration company focused on exploring North America's top copper jurisdictions. The Company's core goal is to make impactful copper discoveries to benefit all stakeholders and aid in the clean energy transition. Red Canyon has a portfolio of 100% owned copper and copper-gold porphyry exploration p...

Nine Mile Metals Ltd. announces its intention to complete a private placement for proceeds of up to $250,000 . The Private Placement will consist of the sale of up to 6,250,000 units at a price of $0.04 per Unit. Each Unit will be comprised of one common share and one-half of one Common Share purchase warrant , with each Warrant entitling the holder thereof to acquire one Common Share in the capital of the Company at a price of $0.08 per Common Share for a period of 24 months from the date of issuance. In consideration for their services in introducing subscribers to the Company under the Private Placement, finders may receive commission of 7% cash and 7% common share purchase warrants, exercisable to purchase one common share at a price of $0.08 for a period of 24 months. Th...

Caprock Mining Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of units for gross proceeds of $130,750 from the issuance of 8,716,667 units. Each unit was priced at $0.015 and is comprised of one common share and one half of one common share purchase warrant. Each whole warrant is exercisable to purchase one common share of the Company at any time on or before August 30, 2026 at a price of $0.05. The common shares and Warrants are subject to a four-month hold period expiring on December 31, 2024. The Company intends to use the net proceeds of the Offering for working capital and for other general corporate purposes. Pursuant to the offering, the Company issued securities to a purchaser that is considered to be a "related...

VANCOUVER, British Columbia, August 30, 2024 -- Eminent Gold Corp. is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement of units . This closing consisted of 4,936,862 units of the Company at a price of $0.26 per Unit for aggregate gross proceeds of $1,283,584.12. Each Unit consisted of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.55 for a period of 24 months following the closing of the Offering. After 4 months from closing, if the closing price of the Common Shares is at a price equal to or greater than $1.00 for a period of ten consecutive trading days, the Company will have the right to ac...

European Energy Metals is pleased to announce that it is increasing its previously announced non-brokered private placement from 16,000,000 units to up to 17,600,000 Units. Each Unit will be issued at a price of $0.125 per Unit to raise gross proceeds of up to $2,200,000 . Each Unit will consist of one common share of the Company and one half of a common share purchase warrant . Each Warrant will entitle the holder to acquire one additional common share at an exercise price of $0.20 for a period of two years following closing of the Private Placement. The Company may pay finder's fees on all or a portion of the Private Placement. The Company intends to use the net proceeds of the Private Placement for exploration work on its properties and for working capital. Completion of the Private Pla...

Arena Investors, LP announces that through the completion of a private placement with Lithium Energi Exploration Inc. , it, through certain investment funds managed by it, acquired ownership of 15,000,000 units of LEXI at a price of $0.05 per Unit for aggregate consideration of $750,000. Each Unit consists of one common share in the capital of LEXI and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional Share at an exercise price of C$0.055 for a period of 60 months from the date of issuance. The Acquisition was completed pursuant to the terms and conditions of a definitive subscription agreement between LEXI and the Acquiror regarding a non-brokered private placement of an aggregate of 82,248,115 Units for aggregate consider...

IsoEnergy Ltd. announces that Tim Gabruch, President of the Company has resigned from his position effective August 31, 2024, to pursue other opportunities. Philip Williams, CEO and Director of IsoEnergy, commented, "On behalf of the Board of Directors and the entire Company, I would like to extend our sincere gratitude to Tim for his leadership and dedication during his time with the Company. His contributions have been instrumental in positioning us for future growth and sustainable success, and we wish him all the best in his future endeavours." Tim Gabruch, President of IsoEnergy, commented, "It has been a privilege to work alongside such an exceptional, dedicated team over these past few years. I am proud of what we have achieved together in building a leading uranium Co...

Flying Nickel Mining Corp. announces that it proposes to undertake a non-brokered private placement to raise gross proceeds of $300,000 through the sale of 6,000,000 units at a price of $0.05 per Unit . Each Unit consists of one common share of the Company and one share purchase warrant with each warrant entitling the holder to purchase one additional Share at a price of $0.06 per Share for a period of three years from issuance. The securities issued as part of the Private Placement will be subject to a regulatory hold period of four months plus one day from the date of issue. Proceeds of the Private Placement are expected to be used for general working capital and administrative purposes. The Company may pay a finder's fee in connection with a portion of the Private Placemen...

Established gold producer Austral Gold Ltd. is pleased to announce that it has entered into an unsecured credit facility agreement with Inversiones Financieras del Sur SA for up to US$3.5 million. IFISA is the Company's largest shareholder and the Company's directors, Eduardo Elsztain and Saul Zang, are also directors and shareholders of IFISA. Material terms of the credit facility: Credit Facility Amount: Up to US$3.5 million; Interest Rate: 9% per annum; Purpose: proceeds will be used to provide working capital for Guanaco Compania Minera SPA, the operating company of Austral; Due date: 29 January 2026, or such other date as is previously and mutually agreed in writing between the parties; Security: the credit facility is unsecured. The transaction reflects the ongoing fina...

Hudbay Minerals Inc. is pleased to announce that it has received an Aquifer Protection Permit for the Copper World project from the Arizona Department of Environmental Quality . The company proactively engaged with the ADEQ, ensuring a transparent and thorough permitting process by providing comprehensive and detailed information. The issuance of this permit is a key milestone in the advancement of Copper World, which is a standalone operation requiring state and local permits and is expected to produce 85,000 tonnes of copper per year over a 20-year mine life. "Receiving the Aquifer Protection Permit is a significant de-risking event for Copper World as it brings us one step closer to being fully permitted," said Peter Kukielski, President and Chief Executive Officer. "The la...

Hertz Energy Inc. is pleased to provide the following corporate updates. Field activities at the Company's Snake Lithium Project were conducted between June 17 to June 26th, 2024, targeting pegmatitic dykes, known mineral occurrences, and areas with the potential for spodumene mineralization. Access to the project site was facilitated by an AS350BA+ helicopter provided and piloted by Panorama Helicopters, complemented by extensive ground hiking. The exploration team completed nineteen traverses across prospective zones within the project boundaries, documenting a total of 389 observations and collecting 95 samples-77 for lithium and 18 for gold. The most commonly encountered geological unit was migmatite, derived from paragneiss with granitic and pegmatitic leucosome. All peg...

Southern Silver Exploration Corp. has closed the third and final tranche of its previously reported non-brokered private placement by issuing 961,500 units at a price of $0.22 per unit for gross proceeds of $211,530. Together with the first two tranches, Southern Silver has raised a total of $3,604,035.16 by the issuance of 16,381,978 units. Each unit consists of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.30. All securities issued under the final tranche are subject to a hold period expiring December 30, 2024. The Offering and the payment of finders' fees is subject to TSX Venture Exchange acceptance. Over all three tranches of the Offering, th...

Dundee Precious Metals Inc. today announced the closing of the sale of the Tsumeb smelter to a subsidiary of Sinomine Resource Group Co. Ltd. . "In line with our strategy, the Tsumeb divestiture is another step in our continued track record of creating shareholder value. I'd like to extend our thanks to the government of Namibia, Sinomine and our former employees and stakeholders for its safe transition and continued success," said David Rae, President and CEO. The purchase price for the sale of the Tsumeb smelter was US$20 million, on a debt-free and cash-free basis, less a US$5 million holdback to be held in escrow for a period of six months to secure the Company's indemnity obligations under the share purchase agreement with Sinomine. Total cash consideration paid on closin...