Class 1 Nickel and Technologies Ltd. is pleased to announce that it has completed a non-brokered private placement pursuant to which it has issued an aggregate of 10,400,000 common shares at a price of $0.05 per Share to raise aggregate gross proceeds of $520,000. The Shares are subject to a statutory hold period expiring on September 14, 2024. Insiders of the Company directly and indirectly subscribed for an aggregate of 10,000,000 Shares in the Private Placement. The Private Placement remains subject to the final approval of the Canadian Securities Exchange. About Class 1 Nickel Class 1 Nickel and Technologies Ltd. is a mineral resource company focused on the development of its 100% owned Alexo-Dundonald Property, a portfolio of komatiite hosted magmatic nicke...

Pasinex Resources Ltd. , is providing a further update on the status of a management cease trade order application to the British Columbia Securities Commission that was granted on April 30, 2024. The Company was granted a voluntary MCTO under National Policy 12-203 - Management Cease Trade Orders . As previously announced on April 22, 2024 , the application for the MCTO was made by the Company in order to secure additional time for the Company to file its audited annual financial statements and the related management's discussion and analysis for the year ended December 31, 2023, , which were due on April 29, 2024. The MCTO prohibits all trading in the capital of the Company, whether directly or indirectly, by the Company's CEO and CFO. The MCTO does not affect the ability o...

Damara Gold Corp. , announces that the board of directors of the Company has recommended the consolidation of the Company's issued and outstanding common shares on the basis of four pre-consolidated Common Shares for one new post-consolidated Common Share . Consolidation and Name Change The Company's Board believes that Consolidation will provide the Company with greater flexibility for the continued development of its business and the growth of the Company, including financing arrangements. There is no change of business associated with or being affected by the Consolidation. In addition to and in conjunction with the Consolidation, the Company proposes to change its name such Name Change to be approved by the Board and applicable regulatory authorities. The Company will be ...

Rock Tech Lithium Inc. announces that it has adopted an "Advance Notice By-law" to establish the conditions and framework under which registered or beneficial owners of common shares of the Company may exercise their right to submit director nominations by fixing a deadline by which such nominations must be submitted by a Shareholder to the Company prior to any annual or special meeting of shareholders, and sets forth the information that a shareholder must include in the notice to the Company for the notice to be in proper written form in accordance with the Canada Business Corporations Act . The Advance Notice By-law provides a clear process for Shareholders to follow for director nominations, and will help ensure that all Shareholders receive adequate notice and informatio...

Pacific Booker Minerals Inc. regrets to announce that all attempts to meet with the current leadership of the Lake Babine Nation have been ignored or dismissed out of hand. Officials in the BC Environmental Assessment Office have informed PBM that a new application would not be considered unless it was actively supported by the Lake Babine Nation , the closest indigenous people to the Company's wholly owned Morrison Project. PBM started work on the project in 1997 and since 2004, has stated its intent to bring the property into production for copper, gold, and molybdenum. PBM has spent $43 million of investors funds to attempt to capture what is perceived to be a very significant opportunity for the area. If the project does not proceed, that investment will have been lost. N...

TORONTO, May 13, 2024 /CNW/ - The following issues have been halted by CIRO: Company: New Gold Inc. TSX Symbol: NGD All Issues: Yes Reason: Pending News Halt Time : 4:09 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 ab...

Gowest Gold Ltd. is pleased to provide a further update on the latest assay results from Phase 2 of its previously announced surface diamond drill program at its 100% owned North Timmins Gold Project . This latest work is part of the $10 Million exploration program phase, which aims to expand the mineable resource at the Bradshaw Gold deposit , as well as to further test other parts of the Corporation's NTGP area where notable gold has also been intercepted previously Diamond Drilling Highlights Since Last Update A total of 12,769 meters of drilling has been completed as of April 30th, including 32 completed holes and two holes in progress on the Sheridan gold zone and west of Bradshaw. Highest intercept: 13.6 grams per tonne gold over 1.1 m from hole GW23-352, including *20....

New Gold Inc. is pleased to announce that it has entered into an agreement relating to its strategic partnership with Ontario Teachers' Pension Plan at the New Afton Mine , whereby New Gold will increase its effective free cash flow interest in New Afton to 80.1% . On closing of the Transaction, Ontario Teachers' free cash flow interest in New Afton will be reduced from 46.0% to 19.9% in exchange for an upfront cash payment of $255 million from New Gold. New Gold will fund the cash payment with cash on hand, borrowings from its existing revolving credit facility and net proceeds from a concurrent bought deal equity financing of common shares of New Gold for approximately $150 million. Anticipated Benefits to [wp=145]New Gold[...

Nicola Mining Inc. is pleased to announce the commencement of a 3D induced polarization survey at the New Craigmont Copper Project , situated approximately 11 kilometres from Merritt, BC and adjacent to Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open-pit copper mine. As previously announced in the Company's Feb. 21, 2024 news release, Nicola has engaged Dias Geophysical of Saskatoon, SK, to conduct a 3D IP Survey. The Company has commenced the comprehensive survey to better define two principal exploration areas: the MARB-CAS Zone and the WP-MARB 72 Zone . Upon data review of the approximate 6.5 square kilometre survey, the Company will commence its 2024 diamond drilling exploration program. Figure 1. 2024 IP Survey Area and Resistivity Anomalie...

Seabridge Gold announced today that it has filed its Interim Financial Statements and Management's Discussion and Analysis for the three-month period ended March 31, 2024 on SEDAR+ . These statements are also available on Seabridge's website at https://www.seabridgegold.com/investors/financial-reports. Seabridge's Q1 2024 Report to Shareholders can be found here. Recent Highlights Submits application to BC government for Substantially Started Status for KSM Issues 2023 report card and 2024 corporate objectives Files NI-43-101 Technical report for an economic Courageous Lake Project Submits permit application to construct balance of the Mitchell Treaty Tunnel Plans 15,000-meter core drill program at Iskut to test for copper-gold source intrusions 2024 drill program at 3 Aces to move the pro...

Geodrill Ltd. , a leading West African based drilling company, announced the voting results of its Annual and Special Meeting of Shareholders held on May 13, 2024. The nominees listed in the management information circular dated April 4, 2024 were elected as directors of the Company at the Meeting. Detailed results of the vote are set out below: Director Outcome of Vote Yes No Abstain Dave Harper as Director Carried 32,561,306 99.990% 0 0.000% 3,165 0.010% John Bingham as Director Carried 32,478,049 99.735% 0 0.000% 86,422 0.265% Ronald Sellwood as Director Carried 32,561,470 99.991% 0 0.000% 3,001 0.009% Peter Prattas as Director Carried 32,561,470 99.991% 0 0.000% 3,001 0.009% Appointment of Auditor Carried 33,771,362 100% 0 0.000% 1 0.000% Purchase of Ordinary Shares Carri...

VANCOUVER, BC, May 13, 2024 /CNW/ - The following issues have been halted by CIRO Company: Max Resource Corp. TSX-Venture Symbol: MAX All Issues: Yes Reason: Pending Company Contact Halt Time : 1:46 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 cann...

Silver Elephant Mining Corp. is pleased to announce that its common shares have resumed broker-dealer quotation on the OTC Pink market under the symbol "SILEF" following acceptance by the Financial Industry Regulatory Authority of a Form 211. This follows the Company's completion of voluntary deregistration of its common shares with U.S. Securities and Exchange Commission pursuant to a Form 15 filed on January 18, 2024. The Company's common shares do not trade on a national stock exchange such as NYSE or NYSE American in the United States and are not otherwise required to be registered. About Silver Elephant Mining Corp. Silver Elephant is a silver mining company, with its flagship Pulacayo-Paca silver project in production since October 2023 in Bolivia. Further information o...