Annual Report and Notice of Meeting TORONTO, ONTARIO - May 17, 2024 - Amaroq Minerals Ltd. , an independent mine development company with a substantial land package of gold and strategic mineral assets in Southern Greenland, announces that it has posted its Annual Report and Financial Statements for the year ended December 31, 2023 and Notice of Annual and Special General Meeting of Shareholders and Management Information Circular to shareholders. Copies of the documents are published on the Company's website at https://www.amaroqminerals.com/investors/annual-general-meeting-2024/ and the documents will also be available on SEDAR+ at www.sedarplus.ca. The Meeting will be held remotely on Friday, June 14, 2024, at 10:00 a.m. . Registered shareholders and duly appointed proxyh...

Big Tree Carbon Inc. wishes to announce that it is extending its non-brokered private placement, announced on April 2, 2024, of up to 6,000,000 working capital units of the Company at a price of $0.05 per WC Unit for up to $300,000 for a further thirty days. Final closing is anticipated on or before June 17, 2024. Each WC Unit consists of one common share of the Company priced at $0.05 per common share and one common share purchase warrant . Each WC Warrant entitles the holder to acquire one common share until one years from the closing of the Offering at a price of $0.075. Eligible finders will be entitled to receive a commission of 7% cash and broker warrants equal to 8% of the number of WC Units sold under the Offering. Each Broker Warrant entitles the holder to acquire a ...

Quetzal Copper CEO Matthew Badiali joined Steve Darling from Proactive to announce the results of the due diligence surface rock sampling campaign and geophysical survey at the Cristinas Project in Chihuahua, Mexico. The Cristinas Project includes a historic copper mine that operated in the 1950s on shallow copper oxide mineralization.
This project features a 1,250-meter-long zone of copper mineralization traced through rock chips on the surface and 12 historical drill holes. The copper mineralization is open along strike and at depth, with significant expansion potential highlighted by limited geophysical surveys.
As part of the due diligence of the Cristinas Project, Quetzal collected 18 rock chip samples across prospective target areas around the historic Cristinas Mine. T...

Trojan Gold Inc. is pleased to announce a private placement financing consisting of the sale of up to 10,000,000 units and 5,000,000 flow-through units in the capital of the Company at a price of CDN$0.05 per Unit and CDN$0.10 per FT Unit for aggregate gross proceeds of a minimum of CDN$350,000 and a maximum of CDN$1,000,000 . Each Unit will consist of one common share and one-half of one common share purchase warrant . Each Unit Warrant will entitle the holder thereof to purchase one Common Share in the capital of the Company for a price of CDN$0.08 for a period of 24 months from the date of the closing, subject to acceleration of the expiry date upon the occurrence of certain events. Each FT Unit will consist of one Common Share that will qualify as a "flow-through share" f...

Malborne Claim Block Expanded Record Resources Inc. reports that it has acquired more uranium properties northeast of Thunder Bay, Ontario. Record Resources has entered into option agreements with two private exploration companies to explore for uranium on an additional 200 claims. The claims are contiguous or in close proximity to the company's 16,320 hectare Malborne block . "This is an acquisition of more highly prospective ground for uranium," said Record Resources CEO, Michael Judson. "We are further building on our land position in the area. The deals happen to be with some of the explorers with whom we are already working." The Black Sturgeon crustal fault system forms the western boundary of the company's claim package. "Our properties are located on a mineralized bel...

New Gold Inc. is pleased to announce the closing of its "bought deal" equity financing of 100,395,000 common shares, including 13,095,000 common shares issued upon the full exercise of the underwriters' over-allotment option. At a price of $1.72 per common share, the Company raised aggregate gross proceeds of $172,679,400 pursuant to the offering. The offering, announced on May 13, 2024, was conducted by a syndicate of underwriters led by CIBC Capital Markets and that included BMO Capital Markets, RBC Capital Markets, Scotiabank, National Bank Financial Markets, TD Securities, BofA Securities, Canaccord Genuity, Laurentian Bank Securities and Raymond James. The Company intends to use the net proceeds of the offering to fund a portion of the cash payment to complete the previo...

Further to press releases dated May 1 and May 14, 2024, Zonte Metals Inc. is pleased to announce that it has increased the size of its previously announced non-brokered private placement to 4,687,220 units including 1,705,000 common share units at a price of $0.08 per Common Share Unit and 2,982,220 flow through share units at a price of $0.09 per Flow-through Share Unit , for total proceeds of $404,800. Each Unit consists of one common share and one common share purchase warrant expiring May 3, 2026. The warrants accompanying the CS Units are exercisable at a price of $0.11 and the warrants accompanying the FT Units are exercisable at a price of $0.15. The transaction remains subject to TSX Venture Exchange approval and, following completion of the Offering, the Company will...

Barksdale Resources Corp. is pleased to announce that the United States Court of Appeals for the Ninth Circuit has affirmed the decision by the United States District Court for the District of Arizona denying the plaintiffs' motion for a preliminary injunction to prevent drilling at the Company's Sunnyside Project in Arizona. Rick Trotman, President and CEO of Barksdale, comments, "The Ninth Circuit's decision is great news for our company and reaffirms the robust and comprehensive process that was undertaken while permitting our drilling programs at Sunnyside. Our legal team has done a stellar job and will continue defending against the plaintiffs' challenge to the Sunnyside Project in the district court. Based on the current court-approved timeline, briefing on cross motion...

Arbor Metals Corp. announces that it has entered into an agreement , dated May 16, 2024, with Kemlee Lake Lithium Corp. , and the sole shareholder of KLL , pursuant to which it proposes to acquire all of the outstanding share capital of KLL. KLL is the holder of the Kemlee Lake Lithium Project situated in the heart of the Georgia Lake Lithium Camp, Thunder Bay Mining Division, Ontario. The Project is strategically located three kilometers east of Rock Tech Lithium Inc.'s Aumacho claim blocks and twelve kilometers south of the Georgia Lake Project. Rock Tech's recent announcement on March 4, 2024, revealed the selection of the Norampac Paper Mill site as the location for its lithium refinery, marking a significant milestone as the first of its kind in Ontario wit...

Northern Graphite Corp. is pleased to provide comment on the Biden Administration ruling to place a 25 percent tariff on natural graphite from China, starting in 2026, as it seeks to protect North America's nascent graphite industry. "This is an important move by the Biden Administration and the United States Trade Representative to support the North American graphite industry," said Northern Chief Executive Officer Hugues Jacquemin. "Of course, more needs to be done, and we look forward in coming weeks to discussions with the White House as an industry about what else can be done to ensure an independent domestic graphite supply chain." The ruling this week is designed to make local natural graphite companies more cost competitive with China and help drive North American sup...

VANCOUVER, BC, May 17, 2024 /CNW/ - Trading resumes in: Company: Usha Resources Ltd. TSX-Venture Symbol: USHA All Issues: Yes Resumption : 8:00 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 beyon...

Golconda Gold Ltd. is pleased to announce that it has commenced mining at, and delivered its first ore to the processing plant, from Princeton Top, a key step in its development plan to significantly increase production at its Galaxy Gold Mine. Princeton Top contains an Indicated resource of 912,846 tonnes at 3.04 grammes of gold per tonne containing 89,200 ounces of gold. The Company has used the funds received from the recently closed investment from Empress Royalty Holding Corp., a wholly-owned subsidiary of Empress Royalty Corp., to re-equip the 3.2km access ramp, install a new compressor, reinstate the historic ore pass to its existing Princeton operations on Level 17 and mobilised a mining fleet to recommence mining. Nick Brodie, CEO of Golconda Gold, stat...

Cautionary Statements This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those...