Cantex Mine Development Corp. announces the close of the previously announced financing. The Company announces that, further to its news releases of June 3 and 28, 2023 announcing a private placement and subsequent increase, the Company has closed the Offering. The Company has received proceeds of $1,450,000 from the issuance of 12,083,331 common non-flow through shares , which includes participation from our previously announced strategic partner Crescat Capital LLC . Shares were issued at $0.12 per share. The securities issued in the Offering are subject to a four month hold period, expiring on November 18, 2024. The Company was charged $24,500 in finders fees in connection with the Offering. 0974052 B.C. Ltd. , a company over which Dr. Charles Fipke, the Chairman and a con...

TSXV: AWM WWW.ANGELWINGMETALS.COM Angel Wing Metals Inc. is pleased to announce voting results from the Company's Annual General and Special Meeting of Shareholders held on July 15, 2024. A total of 13,458,851 common shares were voted, representing the votes attached to 20.01% of all outstanding common shares. Shareholders voted in favour of the election of all director nominees. A summary of the results for the election of the Company's directors is as follows: Name of Nominee Votes For Votes Withheld Number % Number % Calvin Everett 12,458,848 100.00 0 0.00 Marc Prefontaine 12,458,848 100.00 0 0.00 Mark Santarossa 12,458,848 100.00 0 0.00 Alexandria Marcotte 12,458,848 100.00 0 0.00 Marc Sontrop 12,458,848 100.00 0 0.00 The shareholders voted in favour of all other matters ...

Rome Resources Ltd. is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the previously announced statutory plan of arrangement under section 288 of the Business Corporations Act , pursuant to which, among other things, Pathfinder Minerals Plc will, subject to satisfaction of the conditions set out in the arrangement agreement dated May 7, 2024, as amended , relating to the Arrangement, acquire all of the issued and outstanding common shares of Rome for consideration consisting of 19.54 Pathfinder ordinary shares in exchange for each Rome Share held. As previously announced, the Arrangement was approved by the Company's shareholders at a special meeting held on July 12, 2024. Completion of the Arrangement remains sub...

MEG Energy Corp. reports that the Corporation has proactively initiated a controlled evacuation of non-essential personnel from MEG's Christina Lake Regional Project as a result of nearby wildfires. "Our first operating priority is to care for ourselves and all others," said Darlene Gates, President and CEO. "Out of an abundance of caution, we are taking precautions to ensure the safe and orderly withdrawal of all non-essential personnel. Our focus is to minimize and mitigate any potential impact on our people and our operations. At this time, the wildfires do not pose an imminent threat to CLRP and production continues as normal. We are working with relevant authorities and continue to monitor the situation." As information becomes available, news releases will be issued and...

Tuktu Resources Ltd. is pleased to announce the completion of the farm-in arrangement previously announced on April 17, 2024, the issuance of stock options to Tuktu's directors and officers, and the appointment of Kathleen Dixon as the Chair of the Company's board of directors. Farm-in Agreement Tuktu has executed a definitive agreement with an arms-length private company in respect of the farm-in arrangement previously announced on April 17, 2024. The completed farm-in arrangement allows Tuktu to farm-in on certain undeveloped rights in the Southern Alberta deep basin. The Company plans to commence operations in respect to the farm-in during the third quarter of 2024. Stock Options Pursuant to the terms and conditions of its stock option plan, the Company has granted an aggre...

Resouro Strategic Metals Inc. is pleased to announce the publication of its maiden JORC compliant Mineral Resource Estimate for the Tiros Titanium and Rare Earth Elements Project in Brazil which marks a significant milestone in the Project's development. Highlights Maiden JORC MRE for the Tiros Project of 1.7 billion tonnes at 3,900 parts per million Total Rare Earth oxide , 1,100 ppm Magnet Rare Earth Oxides and 12% Titanium Dioxide in all three resource categories . Of the 1.7 bn tonnes, the deposit contains a high grade domain of 120,000,000 tonnes at 9,000 ppm TREO containing 2,400 ppm of MREO and TiO2 of 23%. The combined Measured and Indicated resources represent 1.0 bn tonnes at 4,050 ppm TREO containing 1,120 ppm MREO and 12% TiO2. The MRE places the Tiros Project as ...

This news release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States. Rua Gold Inc. is pleased to announce that it has entered into an agreement with Cormark Securities Inc., as lead agent and on behalf of a syndicate of agents to be formed , pursuant to which the Agents have agreed to act as agents on a "best efforts" basis, in connection with the public offering of 44,445,000 common shares in the capital of the Company at a price of C$0.18 per Common Share for aggregate gross proceeds of C$8,000,100 . The Offering is expected to close on or about July 25, 2024 , or such other date as agreed upon between the Company and the Agents, and is subject to certain conditions inclu...

Rua Gold Inc. provides a clarification in relation to its news release of July 15, 2024 . Previously, the Company disclosed that "the tenements owned by [Reefton Resources Pty Limited] hosts a total JORC-compliant inferred mineral resource estimate containing 444koz Au @ 3.81g/t Au and 8.7kt Sb @ 1.5% Sb". The Company wishes to clarify that the tenements presently owned by Reefton Resources Pty Limited do not contain a current mineral resource estimate. The Company intended to disclose the aforementioned "inferred mineral resource estimate" as a "historical estimate" within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects . As a result, the Company also wishes to provide additional information and cautionary language required by NI 43-101...

T2 Metals Corp. announces that at its annual general meeting of shareholders held July 17, 2024, the shareholders of the Company re-elected Mark Saxon, Nick DeMare, Dušan Berka and Amanda Dahl as directors of the Company. The shareholders also passed all other resolutions including an ordinary resolution to ratify the existing stock option plan, pursuant to which the Company may grant stock options up to 10% of its issued and outstanding common shares at the time of the grant. Following the Meeting, the Board appointed Mark Saxon as President & CEO and Nick DeMare as CFO and Corporate Secretary of the Company. Nick DeMare, Dušan Berka and Amanda Dahl were appointed to the audit committee. Mark Saxon, CEO of T2 Metals Corp. said, "We thank our shareholders for th...

Lundin Mining Corp. is pre-announcing certain items impacting the Company's quarterly earnings, adjusted earnings before interest, taxes, depreciation and amortization 1, adjusted earnings1 and adjusted earnings per share1. Foreign Exchange and Derivatives Items of significant impact in the second quarter 2024 are expected to include unaudited foreign exchange and trading gains on debt and equity investments supporting the capital funding for the Josemaria Project of approximately $10 million. Unaudited realized gains on foreign exchange and unaudited realized losses on foreign exchange and commodity derivative contracts were not significant in the quarter. In the second quarter 2024 the Company is also expected to recognize certain non-cash items that will impact the Company...

Li-Metal Corp. , announces that it will be late in filing its financial statements for the year ended March 31, 2024. It anticipates being able to file its 2024-year end financials, together with the related management's discussion and analysis, and CEO and CFO certificates on or before August 16, 2024. Completion of the Company's audit has taken longer than anticipated as a result of management's extensive involvement in a due diligence process with respect to a proposed acquisition with an arm's length purchaser as previously disclosed by the Company in its press release dated June 28, 2024. Notwithstanding the anticipated delay, the Company continues to operate normally without disruption and is working diligently and expeditiously with its auditors to complete the audit a...

HALIFAX, NS, July 17, 2024 /CNW/ - Fortune Bay Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $500,000 . The Company intends to issue up to 2,272,727 units. Each unit will be issued at a price of $0.22 per unit, with each unit comprised of one common share and one-half common share purchase warrant. Each whole warrant will be exercisable into one common share of the Company at an exercise price of $0.30 per share for a period of two years. The Company intends to use the proceeds of the Offering to fund exploration and project development at Fortune Bay's Saskatchewan projects, and for general operating costs. Closing of the Offering is subject to the approval of the TSX Venture Exchange. All secu...

Q2 Production of 16,255 Gold Equivalent Ounces vs 11,204 GEO in Q1, 2024. High-Grade ore from Calandrias Norte and continued ramp-up at Heap leach operations are supporting strong quarterly production. MDN 43-101 Preliminary Economic Assessment and Updated Mineral Resource Estimate are expected to be announced shortly. Balance sheet continues to improve, with approximately US$10m in current liabilities repaid since Year End 2023. Significant cost reductions have also been made to reduce corporate expenses substantially. Cerrado Gold Inc. announces production results for the second quarter of 2024 from the Minera Don Nicolas Mine in Santa Cruz Province, Argentina . Full second quarter financial results are expected to be released in August 2024. Q2 Operating Highlights Q2 2024...