Gold Mountain Mining Corp. announces that it has reached agreement to settle all of the secured debt of Nhwelmen Construction Limited Partnership , who is currently owed $6.5 million . Nhwelmen, the contract miner at the Company's Elk Gold Mine, has agreed to accept 50,000,000 common shares of the Company in payment of $1.5 million of the Nhwelmen Secured Debt at an issuance price of $0.03 per share, which is at a discount to the market price, and a convertible secured debenture will be issued in the amount of $5 million which represents the remaining amount of the Nhwelmen Secured Debt. The Convertible Debenture is convertible at Nhwelmen's option into 62,500,000 common shares at a conversion price of $0.08 per share. The Convertible Debenture will mature on the date that is...

Norrland Gold Corp. is pleased to announce that the ground magnetic survey previously undertaken defined a magnetic anomaly, overlapping with a major geochemical anomaly, at Vittanträsket, which may indicate the existence of pyrrhotite and thereby potential orogenic gold mineralization. The environmental permitting has finally moved forward and this anomaly will now be the subject of shallow exploratory drilling to investigate the geology below recent glacial moraine cover. The Vittanträsket tenement is covered by one of the most substantial soil geochemical gold anomalies in Sweden; a Tier 1 mining jurisdiction . Similar gold-soil geochemical anomalies are located at known deposits, such as at the famous mined-out Boliden gold mine, which suggests Vittanträsket may be compar...

Condor Gold plc, announces that on 29 May 2024 it granted 4,900,000 share options, representing 2.41% of the issued share capital under the Company's existing Share Option Scheme . The grant of the 2024 Options was recommended by the Remuneration Committee and approved by the Board as part of the Share Option Scheme, whereby options are granted annually as an incentive to directors, employees and consultants. The 2024 Options were granted to: Ian Stalker Mark Child Jim Mellon Denham Eke Andrew Cheatle Andrew Pearce David Crawford Other employees and consultants Non-Executive Director CEO Chairman Non-Executive Director Non-Executive Director CFO Chief Technical Officer 1,000,000 1,000,000 500,000 500,000 350,000 300,000 100,000 1,150,000 In August 2018 the Company established...

Orosur Mining Inc. - Colombia update Acquisition of MMA progressing Final negotiations will extend into June Company well advanced in preparations to reassume control of Project Orosur Mining Inc. , announces an update on the status of the Company's flagship Anzá Project in Colombia. The Project is the subject of an Exploration Agreement with Venture Option with Colombian company Minera Monte Águila SAS . MMA is itself a 50/50 joint venture between Newmont Corporation and Agnico Eagle Mines Ltd. and is the Colombian vehicle by which these two companies jointly exercise their rights and obligations under the Exploration Agreement in respect of the Project. MMA is the current operator of the Project. As announced on March 25th, 2024, Orosur entered into...

Taseko Mines Ltd. announced today that operations at the Company's Gibraltar Mine have been suspended. Collective bargaining with Gibraltar's union representatives has been ongoing in recent weeks, and ended late yesterday without an agreement being reached. Gibraltar's unionized workforce informed the Company that they intended to take strike action as of midnight, May 31, 2024. The Company elected to systematically shut down mining and milling operations prior to the midnight deadline, and the mine is now on care and maintenance with only essential staff operating and maintaining critical systems. The Company remains committed to the bargaining process and reaching a fair and equitable agreement. For further information on Taseko, see the Company's website at www.tasekomines...

Ares Strategic Mining Inc. is pleased to announce that, further to its news release dated May 10, 2024 which announced a non-brokered private placement offering of a minimum of 5,555,555 units of the Company and a maximum of 22,222,222 Units at a price of $0.18 per Unit pursuant to the listed issuer financing exemption for gross proceeds of a minimum of $1,000,000 and a maximum of $4,000,000 , it has closed the first tranche of the LIFE Offering by issuing 5,984,986 Units at a price of $0.18 per Unit, for aggregate gross proceeds of $1,077,297.28. James Walker, CEO of Ares, said, "We have already exceeded the minimum we were seeking from this offering in this first tranche, and we continue to receive more orders for our next tranches. There is clearly great support and enthus...

Unigold Inc. announces that it has agreed to extend the closing of its non-brokered private placement which was announced March 22, 2024 to on or before June 30, 2024. The Private Placement consists of up to 25,000,000 units of the Company at a price of $0.08 per Unit for gross proceeds of up to $2,000,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.12 until four years following the date of issue. The Company has closed a first tranche of 3,111,875 units for aggregate gross proceeds of $248,950. The proceeds from the Offering will be used to fund the Company's continued exploration and development on its Neita ...

Rome Resources Ltd. is pleased to announce that it has filed the management information circular and related materials for its special meeting of Rome shareholders to be held on July 2, 2024 . At the Meeting, Rome is seeking 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 . Rome also announces that on May 27, 2024, the Supreme Court of British Columbia granted an interim order in connection with the Arrangement. The Interim Order authorizes the calling and holding of the Meeting to approve the Arrangement. A copy of the Interim Order is attached to the Circular. If the Arrangement becomes effective, R...

Generation Mining Ltd. is pleased to announce that it has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The Company has filed the Prospectus in order to have greater financial flexibility going forward but has no immediate plans to issue any securities under it at this time, and may never proceed with any such issuance. Upon issuance of a receipt for the Prospectus by the securities regulatory authorities, the Company may issue and sell up to C$60,000,000 in the aggregate of common shares, debt securities, warrants, subscription receipts, units, or any combination thereof, from time to time, over the 25-month period that the Prospectus remains effective. Should the C...

Pedro Resources Ltd. announces that Jacqueline Wilkie, the current Chief Executive Officer and a director of the Company has been appointed as Interim Chief Financial Officer effective immediately replacing Ms. Albina Manaj. The Company is currently conducting a thorough search for a new Chief Financial Officer with the expertise and leadership qualities to guide the Company forward. Unauthorized issuance of common shares The Company recently learned that an aggregate of 2,782,000 common shares in the capital of the Company were irregularly issued between the months of January and April 2024. The Common Shares were issued to related parties of the Company. The signature of the chief executive officer was used without authorization to submit the treasury directions and the Com...

DeepRock Minerals Inc. , announces today that pursuant to its news release dated March 20, 2024, it intends to close the first tranche of its non-brokered private placement on or around Monday June 10, 2024. The private placement is an offering of Units at $0.02 each for gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company and one-half of a non-transferable common share purchase warrant . Each Warrant will entitle the holder to purchase a Share for $0.06 during the 24 months following the Warrant's issuance date. The Company will provide further details in a subsequent news release upon closing in respect of the number of securities issued and gross proceeds raised. All securities issued will be subject to a statutory four-month hold. So...

Pasinex Resources Ltd. announces that, further to its news releases dated April 22, 2024, May 13, 2024, May 24, 2024, and May 28, 2024, the Company has filed its annual financial statements, management's discussion and analysis, and related certifications for the year ended December 31, 2023 on SEDAR+. The Company expects that the Management Cease Trade Order issued by the British Columbia Securities Commission on April 30, 2024 will be revoked in the coming days. The MCTO prohibits all trading in the capital of the Company, whether directly or indirectly, by the Company's CEO and CFO. This trading prohibition will continue until the MCTO is revoked. The MCTO does not affect the ability of other shareholders to trade in the securities of the Company. However, as announced on ...

MAG Silver Corp. today announced that it has obtained a receipt for the final short form base shelf prospectus filed with the securities commissions in all of the provinces and territories of Canada. A corresponding registration statement on Form F-10 has been filed with the United States Securities and Exchange Commission under the United States Securities Act of 1933, as amended and the U.S./Canada Multijurisdictional Disclosure System , and has become effective under the U.S./Canada Multijurisdictional Disclosure System. The Final Shelf Prospectus and Registration Statement will allow the Company to offer up to U.S.$250 million of common shares, preferred shares, debt securities, subscription receipts, units and warrants or any combination thereof during the 25-month period...