ATEX Resources Inc. announces the grant of 498,487 restricted share units and 430,000 stock options to certain officers, directors, and employees of the Company. Each stock option entitles the holder to acquire one ATEX common share at an exercise price of $1.43 within a five-year period and have been granted in accordance with the Company's Stock Option Plan. Of the granted RSUs, 244,755 are subject to a two-year vesting period with the remaining 253,732 RSUs vesting over three years. The RSUs were granted in accordance with the Company's Restricted Share Unit Plan. ATEX is also pleased to announce it has received an additional CAD$748,200 in total proceeds from the exercise of common share purchase warrants between May 15, 2024, and May 24, 2024. During this period, an aggre...

Spanish Mountain Gold Ltd. is pleased to announce that it intends to complete a non-brokered private placement offering of flow-through units of $1,874,000 at $0.24 per FT Unit, and Units of $1,513,000 at $0.21 per ‎Unit, for total proceeds of up to $3,387,000.‎ The proceeds of the Offering will be used for exploration and development work at the Company's Spanish Mountain Gold project in the Cariboo Gold Corridor in British Columbia, and for general working capital purposes. Each FT Unit will consist of one common share of the Company that will qualify as a "flow-through share" of the Income Tax Act ) and one-half of one common share purchase warrant, which will also qualify as a "flow-through share". Each whole warrant will entitle the holder thereof to acquire one c...

Silver Elephant Mining Corp. is pleased to announce that, further to its news release dated April 8, 2024, and April 29, 2024, it has closed the second tranche of its non-brokered private placement offering raising gross proceeds of $75,000 in this final tranche through the sale of 250,000 units at a price of $0.30 per Unit. No Finders Fees were paid in this closing. Each Unit consists of one common share of the Company and one-half of one share purchase warrant with each whole warrant entitling the holder to purchase one additional common share of the Company at a price of $0.45 per share for a period of three years from issuance. Proceeds of the Placement will be used for working capital and general corporate purposes. The securities issued as part of the Private Placement ...

GFG Resources Inc. announced today that it proposes to extend the expiry dates and amend the exercise prices of the common share purchase warrants of the Company issued on October 6, 2022 and March 21, 2023 . After giving effect to the Proposed Amendments, each Warrant issued on October 6, 2022 and March 21, 2023 will expire on April 19, 2027; and be exercisable to purchase one common share of the Company at an exercise price of $0.13 per common share. The existing and amended expiry dates and exercise prices are detailed in the table below: Date of Issuance Original Exercise Price Amended Exercise Price Original Expiry Date Amended Expiry Date October 6, 2022 $0.17 $0.13 October 6, 2024 April 19, 2027 March 21, 2023 $0.18 $0.13 March 21, 2026 April 19, 2027 An aggregate of 8...

Waraba Gold Ltd. announces it has closed its non-brokered private placement of common shares for gross proceeds of $777,726 through the issuance of up to 13,429,900 common shares of the Company at a price of $0.03 per Common Share . The gross proceeds raised from the Private Placement will be used by the Company for exploration and general working capital purposes. The Common Shares issued under the Private Placement will be subject to a statutory hold period expiring four months and one day from the date of issuance. About Waraba Gold Limited The Company is a resource exploration company that is acquiring and exploring mineral properties. The Company is a reporting issuer in the provinces of British Columbia and Alberta. The Company's common shares trade on the Canadian Secu...

Gold79 Mines Ltd. is pleased to announce that it has completed a trenching program along the Tyro Main vein including mapping and sampling as announced on May 2, 2024. A total of 15 trenches were completed over 358 metres. Results are pending from the 217 samples taken . Assay results are expected in 4 to 6 weeks. Preliminary results from the work completed include: Three trenches were cut at or a little south of the intersection of the White Spar Fault and Tyro Main Zone where 2023 drilling returned 9.1m of 51.1 g/t Au . Trenching has provided additional insight into the emerging structural model which will guide future drilling to confirm and define the high-grade intercept. Trenches and isolated vein samples adjacent to the open pit reveal that extensive banded chalcedony-a...

Bulgold Inc. announces that the Company has granted stock options today to purchase up to 660,000 common shares of the Company to the undernoted persons in the number set out opposite their names, valid for a period of five years from the date of initial grant at an exercise price of C$0.30 per Common Share. The Options will vest on the following schedule: one-third immediately upon grant, one-third after one year from initial grant, and one-third after two years from initial grant. Mihaela Barnes Director 80,000 Laurie Marsland Director 80,000 Colin Jones Director 80,000 Vanessa Cook Director 80,000 Jim Crombie Management 80,000 Jeff Pennock Management 80,000 Demetrios Constantinides Management 50,000 Joe Crummy Consultant 50,000 František Bakoš Consultant 50,0...

Sage Potash Corp., has closed its non-brokered private placement of 13,500,000 common shares for total proceeds of $1,822,500. The proceeds will be used for the advancement of its mineral properties and for general administration expenses. The private placement is subject to final acceptance by the TSX Venture Exchange, and all securities issued under the private placement will be subject to a four-month hold which expires on September 28, 2024. The Company paid finder's fees of $10,800 and issued 80,000 broker warrants. Each broker warrant entitles the holder to purchase, from today's date up to May 27, 2025, one common share of the Company at a price of $0.25 per share. Peter Hogendoorn, the Company's CEO, comments: "We are extremely pleased to have attracted strategic inve...

Tantalex Lithium Resources Corp. , is pleased to announce a second tranche closing of a non-brokered private placement for gross proceeds of USD$500,000 . The Corporation has issued 19,532,857 common shares at a price of $0.035 per Common Share of the Corporation. The Common Shares were issued based on an exchange rate of USD$1.00 = CDN$1.3673. The Corporation did not pay any finder's fees on a portion of the Private Placement. A first tranche of the Private Placement closed on May 6, 2024. Mr. Simon Collins, a director of the Corporation, acquired 19,532,857 Common Shares for total consideration of CDN$683,650. The participation of Mr. Collins, an insider of the Corporation, constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Prot...

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...