Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. on June 2, 2021, April 4, 2022 and September 2, 2022 the Company has elected to issue 13,944 common shares in the capital of the Company at a deemed price of US$7.53 to Queen's Road Capital as payment for US$104,998 in interest owing on the Convertible Debentures. Under the terms of the Convertible Debentures, interest is payable quarterly, five per cent in cash and three per cent in shares, at the greater of: the 20-day volume weighted average price prior to the interest payment date; or the Discounted Market Price ). The issuance of the Common Shares as payment for interest o...

Adamera Minerals proposes to proceed with a share consolidation on the basis of ten existing shares to one new common share. The Company will be seeking shareholders approval of the Consolidation at its upcoming Annual General Meeting to be held on June 5, 2024. If the Consolidation is approved, the Company's issued share capital will be reduced from 238,302,928 shares to approximately 23,830,293 shares. Upon completion of the Consolidation, Adamera will pursue certain financing options available to the Company. This is subject to TSX Venture Exchange approval. About Adamera Adamera Minerals Corp. is exploring for a high-grade gold deposit near Republic Washington. This area has reportedly produced 8 million ounces of gold. Adamera is the dominant regiona...

Mayfair Gold Corp. announces that it has received correspondence from all Terminating Employees except Patrick Evans, that they may be willing to rescind their Terminating Notices and direct that their respective portions of the Change of Control Payment , totaling approximately $2.47 million, be returned to the Company if acceptable settlement terms are reached. Terminating Employees and Change of Control Payments As previously disclosed by the Company, on May 1, 2024, Patrick Evans , Justin Byrd , Howard Bird and certain other employees delivered notices to the board of directors of the Company terminating their respective employment agreements pursuant to change of control provisions in their respective employment agreements. On May 6, 2024, the Company, having received in...

Capstone Copper Corp. announces that Mr. Robert Gallagher has retired from the Board of Directors of the Company effective May 30, 2024. Mr. Gallagher graduated with a B.A.Sc. in mineral engineering from the University of British Columbia in 1974 and has worked in the mining industry for more than 45 years. Prior to joining Capstone he was President & CEO and a director of New Gold Inc., an intermediate gold producer with projects on three continents, and also spent 15 years with Placer Dome Inc. and 7 years with Newmont Mining Corporation. He joined the Board of Capstone Mining Corp. in 2016 and served as Chair of the Technical and Operational Performance Committee since 2019. Mr. Darren Pylot, Chairman of the Board, commented, "We are deeply grateful...

VANCOUVER, BC and HOUSTON, May 31, 2024 /CNW/ - International Battery Metals Ltd. , is pleased to announce that it intends to complete a subsequent closing of its previously announced strategic private placement . Pursuant to the Private Placement, the Company expects to issue a minimum of 8,478,246 units for a price of CAD$0.76632 per Unit, for gross proceeds of CAD$6,497,050 . The Company may issue additional Units on the same terms, depending on whether certain parties will exercise existing pre-emptive rights in connection with the Private Placement. Each Unit consists of one common share of the Company, and one Common Share purchase warrant , each Warrant entitling the holder thereof to acquire one Common Share for a period of two years from the date of issuance for an e...

Lundin Mining Corp. reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act: The number of issued and outstanding shares of the Company has increased by 923,715 to 776,642,466 common shares with voting rights as of May 31, 2024. The increase in the number of issued and outstanding shares from May 1, 2024 to date is a result of the exercise of employee stock options or the vesting of employee share units. About Lundin Mining Lundin Mining is a diversified Canadian base metals mining company with operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the United States of America, primarily producing copper, zinc, gold and nickel. The information in this release i...

Aurania Resources Ltd. announces it has closed the third and final tranche of its non-brokered private placement of up to 20,000,000 units for aggregate gross proceeds of up to C$4,000,000 . An aggregate of 18,716,112 Units have been sold under the Offering for total gross proceeds of C$3,743,222.40. An aggregate of 3,622,000 Units were sold under the Third Tranche at a price of C$0.20 per Unit , for Third Tranche gross proceeds of C$724,400.00. No fees were paid to finders in connection with the closing of the Third Tranche. Each Unit is composed of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at an exercise price of C$0.45 per Warrant Share at any time until the date whic...

IberAmerican Lithium Corp. , a company focused on the exploration of lithium, has received a request from the OTC Markets Group Inc. to issue a statement on recent promotional activity related to IberAmerican's common shares traded on the OTCQB market . On May 28, 2024, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its common shares traded on the OTCQB Marketplace, including the distribution of a number of newsletter emails published by Future Money Trends, Wealth Research Group, Portfolio Wealth Global, and Spartan Trading discussing, among other things, the Company, its business, the proposed business combination with Strategic Minerals Europe Corp. and the tin and battery metals market gener...

Spanish Mountain Gold Ltd. is pleased to announce that, further to its news release dated May 27, 2024, it has closed the first tranche of the previously announced private placement of flow-through units of the Company at a price of $0.24 per FT Unit and non flow-through units at a price of $0.21 per NFT Unit. Each FT Unit consists of one common share in the capital of the Company designated as a flow-through share pursuant to the Income Tax Act and one-half of one Common Share purchase warrant . Each NFT Unit consists of one Common Share and one Warrant. Each Warrant entitles the holder thereof to purchase one additional Share at a price of $0.25 per Warrant Share for a period of 24 months from the date of issuance, subject to earlier expiry if the 10-day volume weighted aver...

Eldorado Gold Corp. Eldorado Gold Corp. is pleased to announce the publication of its 2023 Sustainability Report , which provides details of the Company's environmental, social and governance performance over the past year. The Report is available on Eldorado Gold's website . All financial figures stated within this release are in U.S. dollars unless otherwise stated. "At Eldorado, health, safety and sustainability are key to who we are and is considered in everything we do, from exploration to closure, as we continue to break new ground and deliver lasting positive impacts," said George Burns, Eldorado's President and CEO. "The 12th annual Sustainability Report published today summarizes our performance across our global sites and primarily focuses on our four prod...

Abcourt Mines Inc. announces that it has completed a fourth closing of the non-brokered private placement announced on March 12, 2024 , for additional gross proceeds of $1,060,000, representing 21,200,000 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. To date, Abcourt has issued a total of 75,883,000 Units for aggregate gross proceeds of $3,794,150 under the Private Placement. The Corporation expects to close a final tranche of the Private Placement on or before June 27, 2024. It is expected that the net proceeds from the Private Placement will be used to adva...

Vancouver, B.C. - VR Resources Ltd. , ; ,, announces that further to the Company's news releases of March 11, 2024, and April 26, 2024, wherein the Company announced that it had entered into a definitive agreement with Neotech Metals Corp. effective March 8, 2024 , and subsequently amended on April 23, 2024 , pursuant to which the Company agreed to sell to Neotech its 100% interest in the Hecla-Kilmer REE mineral property located in Ontario , the Company wishes to advise it has received shareholder approval at its Extraordinary General Meeting held today, May 31, 2024, with 99.7% of the votes cast at the EGM in favour of the Transaction. The Company will now proceed to file for final acceptance of the Transaction by the TSX Venture Exchange, and upon receipt com...

Pasofino Gold Ltd. is pleased to announce the appointment of Warren Greenslade as interim CEO of the Company. Warren replaces Dr Daniel Limpitlaw, who is stepping down from his current role, but will remain in a consultancy role, focussed on technical support to the Dugbe Project. Warren Greenslade is currently serving as Country Manager/Liberia for Pasofino Gold and has 15 years of project and operational management experience in Bosnia, the Middle East , and Africa, overseeing support services aspects, finance, logistics, procurement, HSE and supply chain. His previous experience also includes the oil & gas sector with Chevron Oil, Cape Town Refinery, and remote site management experience in the mining sector in Ghana, DRC, Guinea and Gabon. Dan Betts, the Non-Executive Cha...