Prospector Metals Corp. is pleased to announce that it has closed its previously announced non-brokered private placements consisting of charity flow-through units offered at a price of $0.21 per Charity FT Unit for gross proceeds to the company of $750,000 . Each Charity FT Unit consists of one flow-through common share and one half of one non-flow-through common share purchase warrant . Each Warrant will be exercisable at a price of $0.30 into one common share for a period of one year from the date of issuance. Prospector intends to use the gross proceeds of the Offering for preliminary assessment work and prospecting of the ML Property in Yukon Territory. The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary appro...

Cameco announced today that it has priced a private placement of senior unsecured debentures consisting of $500 million principal amount of 4.94% Senior Unsecured Debentures, Series I maturing on May 24, 2031 . The closing of the Offering is expected to take place on May 24, 2024. Cameco intends to use the net proceeds of the Offering to retire all of its outstanding 4.19% Senior Unsecured Debentures, Series G at or prior to the maturity date of June 24, 2024 . "Consistent with the conservative financial management we have demonstrated, our capital allocation decisions are focused on maintaining the financial flexibility to execute on our strategy," said Grant Isaac, Cameco's Executive Vice-President and CFO. "In a market where we believe the demand f...

TORONTO, May 21, 2024 /CNW/ - The following issues have been halted by CIRO: Company: IAMGold Corp. TSX Symbol: IMG All Issues: Yes Reason: Pending News Halt Time : 4:11 PM 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 abou...

Atico Mining Corp. today announced its financial results for the three months ended March 31, 2024, posting income from mining operations of $2.8 million and a net loss of $0.4 million. Production for the period at Atico's El Roble mine totaled 3.3 million pounds of copper and 2,185 ounces of gold in concentrate at a cash cost of $2.57 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "the operational and financial results for this quarter were in line with Company expectations. We are already into development of the newly discovered reserves and have been making additional investments in preparation for ore extraction from these areas." Mr. Ganoza continued, "for the remainder of the year, we should start to see an improvement in our operating cos...

IAMGold Corp. today announced that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Markets, BMO Capital Markets and RBC Capital Markets pursuant to which they have agreed to purchase, on a bought deal basis, 72,000,000 common shares of the Company at a price of US$4.17 per common share , for aggregate gross proceeds to the Company of approximately US$300 million . The underwriters will also have the option, exercisable in whole or in part, at any time up to 30 days following the closing of the Offering, to purchase up to an additional 10,800,000 common shares at the Offering Price to cover over-allotments, if any. In the event that the option is exercised in its entirety, the aggregate gross proceeds of the Offering to the Company...

Hudbay Minerals Inc. announced today that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and BMO Capital Markets as Joint Bookrunners , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis from the Company, a total of 31,600,000 common shares of Hudbay at a price of US$9.50 per Common Share for aggregate gross proceeds of US$300,200,000 . Hudbay has also granted the Underwriters an over-allotment option to purchase, on the same terms and conditions of the Offering, up to an additional 15% of the Common Shares issued in connection with the Offering. The Over-Allotment Option is exercisable, in whole or in part, by the Underwriters at any time until and including 30 days after closing of the Offering. Th...

PYX Resources Ltd. , the world's third largest publicly listed zircon producer by zircon resources, has connected its Mandiri Mineral Separation Plant to the local electric grid of Central Kalimantan, Indonesia. PYX Resources' Chairman and Chief Executive Officer, Oliver B. Hasler, said: "We are very happy with the continuous progress made at Mandiri's MSP and appreciate the help received by the local authorities, and in particular the State Electricity Company in Palangkaraya. Anyone running a mining operation will understand the importance of having access to continuous reliable power, provided by the connectivity to a grid. Although the generators we have been using on site have enabled us to progress operations so far, they were fuel and maintenance intensive and represen...

BWR Exploration Inc. announces its plan to adjourn its Annual General and Special Meeting of Shareholders to May 30th, 2024 at 11:30 am Toronto Time to be held virtually using Microsoft Teams Meeting. Join Online at: https://www.microsoft.com/en-ca/microsoft-teams/join-a-meeting Meeting ID: 290 836 066 046 Passcode: oyBYyT Or directly through the Microsoft Teams App at: https://teams.microsoft.com/l/meetup-join/19%3ameeting_ZWM3MjAwMjYtZmQ3Mi00MjQzLWE2YzktNDhmMjBlNzhkNDYw%40thread.v2/0?context=%7b%22Tid%22%3a%22745c9c7f-0a5b-4423-9415-05c4c28440cd%22%2c%22Oid%22%3a%22fe558089-434b-4b79-a821-d2c1a4aba702%22%7d The record date for shareholders of the Company to vote at the adjourned Meeting remains the close of business on April 15, 2024. Shareholders have until May 28, 2024 to...

World Copper Ltd. is pleased to provide a general corporate update regarding the Company's assets and direction. Zonia Project Update Going forward the Company will be focusing its efforts on the Zonia Project as our flagship asset, with the aim of working to advance Zonia to a bankable feasibility study and then proceeding into construction and production. Given the current global copper supply deficit, management's belief is that the short-term solution to the copper supply crisis will come from smaller more efficient copper operations, which are cheaper to build and have less environmental impacts. Recent events in the sector have shown that major mining companies are hesitating to take on very large-scale, high capital intensity projects by looking for partners to share t...

Saville Resources Inc. is pleased to announce it has closed its upsized non-brokered private placement of 20,805,000 units at a price of $0.05 per Unit for gross aggregate proceeds of $1,040,250 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant, with each whole warrant exercisable to acquire one common share of the Company at a price of $0.075 per share for a period of 12 months from the date of issuance. For more information concerning the Offering, please see the Company's news releases dated May 1, 2024 and May 10, 2024. The Company expects to use the net proceeds of the Offering for general corporate purposes and working capital. The Offering remains subject to acceptance by the TSX Venture Exchange. All securities i...

Waseco Resources Inc. wishes to announce that Gary O'Connor is resigning to pursue other activities. Company President, Richard Williams, on behalf of the Board, would like to thank Mr. O'Connor for his years of service and wish him continued success. For further information, please visit the Waseco web site at: www.wasecoresources.com or contact: Richard Williams, President, at telephone: 364- 3123; or e-mail: rickw@wasecoresources.com. Waseco Resources Inc. Richard Williams, President Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Copyright 2024 TheNewswire - All rights reserved....

The common shares of Hemlo Explorers Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date. Hemlo Explorers is a Canadian-based mineral exploration company with a portfolio of properties in Ontario and Nunavut. We are focused on generating shareholder value through the advancement of our main Hemlo area projects, including Project Idaho, the Pic Project and the North Limb. _________________________________ Les actions ordinaires de Hemlo Explorers Inc. ont été approuvées pour inscription au CSE. Les documents de cotation et d'information seront disponibles sur www.thecse.com à la date de négociation. Hemlo Explorers est une société d'exploration minière basée ...

CVW CleanTech Inc. today announced its operating and financial results for the first quarter of 2024. For complete details, please refer to the Q1 2024 Condensed Interim Financial Statements and associated Management Discussion and Analysis, available on SEDAR+: www.sedarplus.ca or on the Company's website: www.CVWCleanTech.com. Highlights Cash on hand as at March 31, 2024 was $5.3 million. The Company continues to prudently manage its treasury, focusing on expenses which have the ability to advance commercial opportunities for its proprietary Creating Value From Waste™ technology. Net loss for the quarter ended March 31, 2024 was $951,000 and the net loss per share was $0.01 for the same period. Non-cash charges recognized for stock-based compensation expense totaled $3...