Trading Symbol: TSX/NYSE American: SVM Silvercorp Metals Inc. is pleased to announce that its Board of Directors declared a semi-annual dividend of US$0.0125 per share to be paid to all shareholders of record at the close of business on June 7, 2024, with a payment date of the dividend scheduled on or before June 27, 2024. The dividends are considered eligible dividends for Canadian tax purposes. The declaration and payment of future dividends is at the discretion of the Board of Directors and any future decision to pay dividends will be based on a number of factors including commodity prices, market conditions, financial results, cash flows from operations, expected cash requirements and other relevant factors. About Silvercorp Silvercorp is a Canadian mining company producin...

MONTRÉAL, May 27, 2024 -- Niobay Metals Inc. is pleased to announce the closing of the second and final tranche of a private placement . Under the final tranche of the Offering, the Company raised proceeds of $304,520 from the sale of 4,350,286 Quebec-eligible flow-through units of the Company at a price of $0.07 per Québec FT Unit. In total, taking into consideration the first tranche of the Offering , the Company has issued an aggregate of 8,807,429 Québec FT Units for aggregate proceeds of $616,520. Each Québec FT Unit consists of one common share of the Company issued as a "flow-through share" within the meaning of the Income Tax Act and the Taxation Act and one half of one common share purchase warrant . Each Warrant issued under the final tranche of the Offering entitle...

Marimaca Copper Corp. is pleased to report that all its incumbent directors were re-elected at its annual general meeting of shareholders, held virtually via webcast on Thursday May 23rd, 2024 . Below are the detailed results of the votes cast by ballot at the Meeting on the election of the Company's directors. Hayden Locke 48,326,006 2,544 99.99% Alan J. Stephens 48,042,155 286,395 99.41% Colin Kinley 47,951,413 377,137 99.22% Michael Haworth 48,327,200 1,350 100.00% Clive Newall 48,214,818 113,732 99.76% Tim Petterson 48,237,200 91,350 99.81% Giancarlo Bruno 48,327,306 1,244 100.00% Shareholders also passed resolutions re-appointing PricewaterhouseCoopers LLP as auditor of the Company . Please see the Company's report of voting results filed under the Company's SEDAR profil...

Elysee Development Corp. is pleased to announce a non-brokered private placement of convertible debentures for proceeds of up to $2,000,000 . The Convertible Debentures will mature on the date that is 48 months from the date of issuance and bear interest at 8% per annum, payable quarterly with the first payment being for the period from closing to September 30, 2024. At the option of the holder, the principal amount of the Convertible Debentures is convertible into common shares of the Company, at any time from the date of issuance until the Maturity Date at a price equal to $0.38 per common share. The Company may elect to redeem the Convertible Debentures at 102% of the nominal value at any time after the date that is 36 months from issuance and prior to the Maturity Date. S...

Collective Mining Ltd. is pleased to announce assay results for three drill holes into the Apollo Porphyry System at the Guayabales Project in Caldas, Colombia. The Company presently has five drill rigs operating at the project as part of its fully funded 40,000 metres drill program for 2024. Presently, drill rigs are operating at the Apollo, Box, Olympus and Trap targets. Drill cores from multiple holes are currently being assayed at ALS Laboratory in Lima, Peru with further results expected in short order. Ari Sussman, Executive Chairman commented: "Our 2024 exploration program continues to yield positive surprises with Apollo now materially expanding and widening to the northwest. Drilling over the balance of the year at Apollo will remain aggressive as we continue to push...

Lithium Ionic Corp. reports that it has filed the independent NI 43-101 compliant technical report for its Bandeira Lithium Project in Minas Gerais State, Brazil, related to the updated Mineral Resource Estimate for the Project announced on April 12, 2024. The Technical Report, titled "NI 43-101 Technical Report - Mineral Resource Update on Bandeira Project, Araçuaí and Itinga, Minas Gerais State, Brazil" was prepared by GE21 Consultoria Mineral Ltda. in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and has an effective date of March 5, 2024. The technical report details the MRE comprising Measured and Indicated resources of 23.68 million tonnes at 1.34% Li2O, and Inferred resources of 18.25Mt at 1.37% Li2O, accounting for approximate...

Great Quest Fertilizer Ltd. announces today that it has been advised by the TSX Venture Exchange that the common shares of Great Quest will resume trading on the TSXV effective May 29, 2024 at the opening of trading. Further to the Company's December 23, 2023 press release, the Company has submitted the supporting documentation requested by the TSX Venture Exchange and is working with the TSXV to obtain final approval of the acquisition of up to 70% of the issued and outstanding shares of Belmont Exploration Ltd. . The Company also provides the following additional information regarding the Transaction: Pursuant to the Company's acquisition of up to a 70% equity interest in Belmont Exploration Ltd. . Belmont owns: a 90% ownership interest in Khorixas Mineral Exploration Ltd. w...

On May 21, 2024 Dolly Varden Silver announced that its 2024 Exploration Drill Program has started at its 100% owned Kitsault Valley Project in BC's Golden Triangle. "Exploration Drill Programs typically involve testing a theory," Rob van Egmond, V.P of Exploration for DV Silver told Guy Bennett, the CEO of Global Stocks News . "In our case, we are trying to verify the presence of mineralised structures underneath the sedimentary cap." Click Image To View Full Size Summer Drill Program Key Highlights: Three drill rigs mobilising Initial 25,000 meters diamond drilling planned Focus on Homestake Silver and Wolf Deposits Low snow packs allow for earlier than usual start in May Extensive Exploration Drill Program Three drill rigs have been mobilized and are testing exploration targets at 1. Moo...

Golden Arrow Resources Corp. Vice President of Exploration and Development Brian McEwan joined Steve Darling from Proactive to provide an update on the company's exploration activities in Chile and Argentina.
McEwan revealed that the company is currently drilling the second hole of a 10,000-meter diamond drilling campaign aimed at facilitating the first Mineral Resource estimate for the San Pietro project later in 2024. The drilling campaign follows a successful 4,000-meter program in 2023, which identified significant extensions to known mineralization at the advanced Rincones target. Notably, hole SP-DDH-12 returned promising results, with a 64.2-meter interval averaging 0.86% copper, 0.20 g/t gold, 196 g/t cobalt, and 26.9% iron, starting at 42.8 meters downhole.
In addition...

U.S. Gold Government Affairs and Community Relations Manager Jason Begger joined Steve Darling from Proactive to shed light on the company's mining project in Wyoming. Highlighting Wyoming's rich history with mining and the favorable reception to the project, Begger underscored the state's understanding and support for responsible resource development.
Begger expressed satisfaction with the smooth permitting process, characterized by open dialogue among the company, regulators, and stakeholders. He emphasized the economic benefits for Wyoming, projecting an estimated impact of $70-80 million through taxes and royalties. As traditional coal mining faces regulatory challenges, the state welcomes this new resource project, aligning with the U.S.'s strategy for self-sufficiency i...

Giyani Metals CEO Danny Keating joined Steve Darling from Proactive to highlight a significant transformation within the company, reflecting its shift from mining to processing high-purity manganese for the electric vehicle battery market. Over the past year, Giyani Metals successfully raised $26 million, welcomed new shareholders, and secured a strategic investor in the IDC group from South Africa.
This evolution necessitates changes in the board composition to align with the company's new strategic direction. As part of this transition, several board members will step down, allowing for the infusion of fresh expertise, particularly in the EV battery market and project financing. Mark Burnett, an experienced professional in these areas, will join as interim cha...

Antipa Minerals Ltd. managing director Roger Mason joins Proactive's Elisha Newell after the explorer returned promising early results from a drilling program at the wholly owned Minyari Dome Gold-Copper Project in WA's Paterson Province.So far, the company has completed 39 reverse circulation holes out of the 71-hole program, with initial assays from the first six holes showcasing thick zones of high-grade, near-surface gold and copper mineralisation.Some of the best initial results include 66 metres at 1.4 g/t gold and 0.04% copper from 118 metres in hole, with notable intersections of 17 metres at 4.4 g/t gold from 157 metres and 4 metres at 15.5 g/t gold from 168 metres.Commenting on the results, Mason noted the potential for a substantial shallow, maiden resource at GEO-...

VANCOUVER, BC, May 27, 2024 /CNW/ - Trading resumes in: Company: Gold Reserve Inc. TSX-Venture Symbol: GRZ All Issues: Yes Resumption : 11:15 AM 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 specific halt beyond w...