ABIDJAN, Côte d'Ivoire, May 17, 2024 /CNW/ - Montage Gold Corp. announces that it will hold its Annual General and Special Meeting on Friday, June 7, 2024. The Notice of Meeting and Management Information Circular relating to the meeting has been mailed to shareholders and has been filed under the Company's profile at www.sedarplus.ca. The proposed slate of director nominees will consist of six individuals: Ron Hochstein, Richard P. Clark, Anu Dhir, David Field, Alessandro Bitelli and Martino De Ciccio. If elected, Ron Hochstein will be proposed as the Chair of the Board replacing Peter Mitchell who is not standing for re-election. In addition, Sasha Bukacheva and Hugh Stuart will not be standing for re-election as directors. With the successful transition of the previously a...

Metal Energy Corp. is pleased to announce that it has entered into an amendment agreement with Mistango River Resources ‎Inc. wherein the Company and Mistango agreed to amend a mining property ‎call option agreement dated October 28, 2022 ‎. The Call Option Agreement grants the Company the option to re-acquire a ‎‎15% interest ‎‎ in 19 mining claims in the Province of Manitoba . ‎ Pursuant to the Amending Agreement, the outside date in which the Company may exercise ‎the call option to acquire the Interest from Mistango shall be extended from April 30, 2024 ‎to April 30, 2026. As consideration for the extension, the Company shall grant Mistango a ‎total of 1,000,000 common shares in the capital of the Company , at a ‎deemed pric...

Calibre Mining Corp. announces that Mr. Douglas Hurst and Mr. Raymond Threlkeld will not stand for re-election to the Company's board of directors during the June 12, 2024 annual general meeting . Mr. Hurst has served on the Board since 2016 as a member of the Audit and the Governance Committees. Mr. Threlkeld has served on the Board since 2018 and was a member of the Compensation, Governance and Safety, Health, Environment, Sustainability and Technical Committees. Calibre is pleased to announce that Ms. Omaya Elguindi will be nominated for election at the Meeting as a new member of the Board. The Company also announces the resignation of Mr. David Splett, Senior Vice President and Chief Financial Officer, effective July 31, 2024. New Board Nominee, Ms. Omaya Elguindi The Com...

SouthGobi Resources Ltd. announces an update on its upcoming annual general meeting of shareholders which is scheduled to be convened on June 27, 2024, in Vancouver, British Columbia, Canada . A notice of the Annual General Meeting which contains, amongst other things, the time, venue and the detailed agenda of the Annual General Meeting, along with a management proxy circular concerning certain matters to be considered at the Annual General Meeting, will be dispatched to Shareholders on May 28, 2024 . Reference is made to the announcements of the Company dated November 11, 2022, August 30, 2023, October 13, 2023, November 17, 2023, January 19, 2024, March 19, 2024, April 22, 2024, April 30, 2024 and May 13, 2024 . Unless otherwise specified, terms used in this announcement s...

Empire Metals Ltd. managing director Shaun Bunn discusses the results from the final 22 reverse circulation holes at the company's Pitfield project in Western Australia with Proactive's Stephen Gunnion.
The drilling campaign targeted two key areas, the Cosgrove and Thomas prospects, each spanning approximately 25 km². Bunn highlighted that every hole intercepted high-grade titanium from surface to depth, indicating the presence of a highly weathered cap with up to 15% higher grade at the surface.
Additionally, Bunn mentioned the completion of four diamond drill holes with excellent core recovery, pending analytical results. These core samples are critical for mapping geological structures and obtaining metallurgical and mineralogical data. The drilling program comprised 107 h...

Caledonia Mining Corporation plc chief executive Mark Learmonth takes Proactive's Stephen Gunnion through the company's first-quarter performance.
Caledonia increased gold production from over 16,000 ounces in the same period in 2023, to 17,500 ounces. This boost in production, coupled with a favourable gold price, resulted in gross profit rising from under $6 million to nearly $14 million. However, despite a reported net profit of $2.1 million, this figure included a substantial foreign exchange loss, specifically due to the devaluation of the Zimbabwean dollar. Adjusted for this loss, the earnings per share shifted from a loss of $0.29 in Q1 of 2023 to a profit of $0.27 in Q1 of 2024.
Learmonth also addressed issues from the previous year, notably the Bilboes project, which h...

Cornish Metals Inc. notes the recent decline in its share price and confirms it is unaware of any operational or corporate reason for the price movement. On April 30, 2024 the Company reported a positive independent Preliminary Economic Assessment for its 100% owned South Crofty tin project located in Cornwall, United Kingdom. The PEA validates South Crofty's economic viability, producing a base case after-tax Net Present Value of US$201 million and Internal Rate of Return of 29.8%, and confirms the Project's potential to be a low-cost and long-life tin mining operation with a current 14-year life of mine . A recording of management's May 1, 2024 detailed presentation of the PEA can be found on the Cornish Metals website or by following this link. A technical repo...

Usha Resources Ltd. , a North American lithium exploration company, is pleased to announce that it has entered into a Letter of Intent with Stardust Power, Inc. dated March 15, 2024 granting Stardust Power the right to earn up to a 90% interest subject to a 2% Net Smelter Royalty in Usha's Jackpot Lake Lithium Brine Project . If the parties enter into definitive agreements covering the transaction, depending on the earn-in level, the total consideration could total up to US$26,025,000 over five years inclusive of payments comprising US$1,525,000 cash, US$750,000 stock, US$15,750,000 stock or cash at Stardust Power's election, and a work commitment of . Upon completion of the full earn-in including NSR buyback, Usha would retain 10% of the Project and a 2% NSR and would be car...

Camino Corp. is pleased to announce that it has increased its claims at its Los Chapitos copper property by an additional 1,700 hectares. In a land auction, Camino successfully competed against other bidders that included Rio Tinto, to gain titles to new exploration claims immediately adjacent to the Company's Los Chapitos copper claims. The claims increase brings the Los Chapitos areas to a total of 22,571 hectares. This is the second increase in claims by Camino in the last year . Rio Tinto also had the winning bid for part of the auction and increased their claim position next to Camino. The first new claim block 59 , is located to the northwest, connecting Camino's claims and Rio Tinto's claims, and follows the extension of a major fault structure called La Estancia . The La Estancia f...

Filo Corp. is pleased to announce that its Annual General Meeting of Shareholders will be held on Friday, June 21, 2024, at 10:00 a.m. Pacific Time at Suite 2800, Four Bentall Centre, 1055 Dunsmuir St. Vancouver BC. View PDF The Meeting is being held for the following purposes: To receive the audited consolidated financial statements of the Company for the year ended December 31, 2023, together with the report of the auditors; To appoint PricewaterhouseCoopers LLP, Chartered Professional Accountants as auditors of the Company for the ensuing year, and to authorize the directors to fix the remuneration to be paid to the auditors; and To elect the directors of the Company for the ensuing year. The record date for the Meeting is May 6, 2024. The Notice of Meeting, the accompanying Management ...

Ecora Resources PLC announces that on 16 May 2024, it purchased 100,000 ordinary shares of 2p each in the Company on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 . The shares acquired will be held in treasury. Date of purchase: 16 May 2024 Aggregate number of ordinary shares purchased: 100,000 Lowest price paid per share : 87.00 Highest price paid per share : 87.00 Volume weighted average price paid per share : 87.00 Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 11,475,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 250,256,897. The above figure of 250,256,89...

Condor Gold is pleased to announce its audited results for the year ended 31 December 2023 and provides notification that the Annual General Meeting of shareholders of the Company will be held at 3:00 p.m. on 28 June 2024 at 7/8 Innovation Place, Godalming, Surrey, GU7 1JX, United Kingdom. The Company has published the formal notice of meeting on its website together with the related voting proxy form for use by shareholders. A copy of the Notice, together with the proxy voting form, the Annual Report for the year ended 31 December 2023 will be posted to all shareholders who have elected to receive them in hard copy. Highlights for twelve months to 31 December 2023 There continues to be significant interest in the sale of the Company's assets. On 5 December 2023 the Company announced that ...

GoldMining Inc. is pleased to announce that at its annual general meeting held on May 16, 2024 , all nominees listed in its management information circular dated March 25, 2024 were elected as directors of the Company. A quorum of 32.49% of the votes attached to the outstanding shares of the Company was present in person or by proxy at the Meeting. Each of the following eight nominees proposed by management was elected as a director. The results of such vote were as follows: Director Total Votes For Total Votes % of Votes For Amir Adnani 31,193,565 33,899,057 92.02 % David Garofalo 31,215,384 33,903,847 92.07 % Garnet Dawson 32,014,502 33,896,287 94.45 % David Kong 31,947,337 33,891,443 94.26 % Gloria Ballesta 23,184,218 33,903,827 68.38 % Hon. Herb Dhaliwal 31,896,964 33,886...