Rio2 Ltd. announces the results of voting at its Annual and Special General Meeting of Shareholders held May 15, 2024. A total of 115,981,552 common shares were voted, representing 44.68% of 259,568,913 shares issued and outstanding as of the record date of the Meeting. Shareholders voted in favour of all items of business before the Meeting, including the election of all director nominees as follows: VOTES FOR % VOTES FOR VOTES WITHHELD % VOTES WITHHELD Klaus Zeitler 92,590,422 99.96% 35,962 0.04% Alex Black 92,583,424 99.95% 42,960 0.05% Andrew Cox 92,590,424 99.96% 35,960 0.04% Ram Ramachandran 92,588,324 99.96% 38,060 0.04% Albrecht Schneider 92,590,424 99.96% 35,960 0.04% Sidney Robinson 92,590,424 99.96% 35,960 0.04% Drago Kisic 92,590,424 99.96% 35,960 0.04% At the Mee...

Bayhorse Silver Inc., reports on ongoing operations at its newly acquired Pegasus Project, Washington County. Idaho, USA. A helicopter based survey of the entire property is currently being conducted by the Company's senior consulting geologist, Dr Clay Conway, P.Geol, Company Director Mark Abrams, M.Sc. AIPG, Operations Manager, Jon Farrell, along with Bayhorse CEO Graeme O'Neill. This was necessitated to economically survey some steep terrain and assess routes to preliminary drill targets on the property that were identified during the Company's recently completed winter staking program. The preliminary drill targets identified by the recent VTEM survey are at the low resistivity and low magnetic areas as reported in the Company's news releases BHS2024.06 and BHS2024-08. Th...

VANCOUVER, BC, May 16, 2024 /CNW/ - The following issues have been halted by CIRO Company: InZinc Mining Ltd. TSX-Venture Symbol: IZN All Issues: Yes Reason: Pending News Halt Time : 10:42 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 provid...

VANCOUVER, BC, May 16, 2024 /CNW/ - Trading resumes in: Company: Lomiko Metals Inc. TSX-Venture Symbol: LMR All Issues: Yes Resumption : 11:00 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...

Gold Digger Resources Inc. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of $884,599.80 through the sale of 2,527,428 units of the Company at a price of $0.35 per Unit. Each Unit consists of one common share in capital of the Company and one-half of one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.50 for a period of 12 months from the date of issuance. The Company paid the following finder's fees to certain finders in connection with the first tranche of the Offering: an aggregate cash fee of $52,647.00; and an aggregate of 127,120 Common Share purchase warrants of the Company , with each Find...

TORONTO, May 16, 2024 /CNW/ - Trading resumes in: Company: Fortune Minerals Ltd. TSX Symbol: FT All Issues: Yes Resumption : 10:30 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 what is cont...

Lomiko Metals awarded US$8.35m grant from the United States of America Department of Defense in a Technology Investment Agreement and funding of CA$4.9m from Natural Resources Canada to support further studies at La Loutre natural flake graphite project in Quebec, Canada Lomiko Metals Inc. is pleased to announce that it has been awarded a Department of Defense Technology Investment Agreement grant of US$8.35 million where Lomiko will match the funding over a period of 5 years, for a total agreement with the DoD of US$16.7 million. The grant falls under Title III of the Defense Production Act and is funded through the Inflation Reduction Act to ensure energy security in North America. This grant funding is to strengthen and expand the industrial base for natural flake graphite...

Argo Gold Inc.'s. Year-End 2023 Reserves Report , with an effective date of December 31, 2023, is summarized below. The Reserves Report was completed by Petrotech and Associates, an independent qualified reserves evaluator based in Calgary, Alberta, and was prepared in accordance with the Canadian Oil and Gas Evaluation Handbook and National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities . The evaluation was conducted using the Sproule December 31, 2023, Price Forecast for Heavy Crude Oil at www.sproule.com, adjusted for each property. The Reserves Report includes Argo's interest in the three current producing oil wells at Lindbergh and Lloydminster, Alberta; and three undeveloped planned development oil wells at Lindbergh. The report does not include th...

Opus One Gold Corp. is pleased to announce that it has made the final payment of $200 000 to Magna Terra Minerals, allowing it to acquire a 100% interest in Noyell gold property, located 25Km south of the town of Matagami in the southern part of the Eeyou Itschee Baie James, Casa Berardi mineral district. Major points in favor of our Noyell Gold project are: Noyell project is very well located, 25KM south of Matagami, Quebec, a mining friendly community. Noyell is located in Quebec province, benefiting from a very favorable mining jurisdiction, especially where it is located. Noyell project is located within the well-known Casa Berardi mineral belt. Noyell is located 14 KM from regional road 109. An operating gold mill is located 70Km southwest, close to regional road 109. Th...

Fortune Minerals Ltd. is pleased to announce that it has secured additional funding from the Government of Canada to help advance the Company's 100%-owned, vertically integrated NICO cobalt-gold-bismuth-copper Critical Minerals asset in Canada . The Government of Canada has agreed to provide contribution funding for up to C$7.5 million to support 75% of the costs for additional engineering and test work, totalling approximately C$10 million through the Global Partnerships Initiative . Natural Resources Canada is the funding department for the GPI and Fortune will provide additional due-diligence information and complete a Contribution Agreement over the next few weeks. The objectives of the work being funded by NRCan are to build on and complement the programs being supported ...

Novo Resources Corp. announces that it has changed its auditors from Ernst & Young to Deloitte Touche and Tohmatsu effective 6 May 2024. At the request of the Company, the Former Auditor resigned as the auditor of the Company effective 6 May 2024, and the Board of Directors of the Company appointed the Successor Auditor as the Company's auditor effective 6 May 2024, until the next Annual General Meeting of the Company. There were no modifications of opinion in the Former Auditor's reports in connection with the two most recent completed fiscal years ended 31 December 2023 and 2022 and there are no reportable events between Novo and the Former Auditors as defined in National Instrument 51-102-Continuous Disclosure Obligations . The resignation of the Former Auditor as auditor ...

LithiumBank Resources Corp. is pleased to announce the acquisition of a wellbore within its 100%-owned Boardwalk Lithium Brine Project located in west-central Alberta, Canada. The Alberta Energy Regulator approved the transfer of 100% ownership of well ID: 100/10-06-069-21W5/00 , along with surface rights and road access from the previous owner/operator to LithiumBank. The 10-6 well is a past producing oil and gas well, and since 2005, has produced hydrocarbons and brine from the Sturgeon Lake South oil field at the top of the Leduc Formation . The well is in the eastern portion of Boardwalk's 'Production Zone' as described in the Company's January 2024 Preliminary Economic Assessment as shown in Figure 1. The Production Zone hosts Boardwalk's Indicated 395,000 tonnes LCE res...

Fortune Minerals Ltd. is pleased to announce that the United States Department of Defense has awarded the Company a US$6,380,555 grant under the Defense Production Act Title III program to expand the domestic capacity and production of cobalt for the battery and high strength alloy supply chains. This non-dilutive source of capital will allow Fortune to advance the vertically integrated NICO cobalt-gold-bismuth-copper development asset in Canada toward a project construction decision. The NICO Project is an advanced development stage Critical Minerals asset comprised of a planned open pit and underground mine and concentrator in the Northwest Territories and a related hydrometallurgical refinery in Alberta to process concentrates from the mine to value-added metals and chemica...