Mark Jarvis, CEO of Giga Metals Corp. announced today that the Company intends to complete a non-brokered private placement of up to 10,000,000 units at a price of $0.15 per Unit to raise gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one Common Share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share of the Company for a period of three years following the closing of the Private Placement at an exercise price of $0.22 per Warrant Share. The Company plans to use the net proceeds of the Private Placement for general corporate purposes and working capital. Completion of the Private Placement is subject to certain conditions, including the receipt of the approval of the TSX Venture Exchan...

Sun Summit Minerals Corp. is pleased to announce that due to investor interest it is further increasing the size of its non-brokered private placement initially announced on June 27, 2024 and updated on July 12, 2024 to consist in the total issuance of: up to 3,809,524 flow-through units of the Company at a price of $0.21 per FT Unit, and up to 2,777,778 non-flow-through units of the Company at a price of $0.18 per NFT Unit, for aggregate gross proceeds to the Company of up to $1,300,000. See the Company's press release dated June 27, 2024 for further details on the Private Placement. The closing of the Private Placement is subject to certain closing conditions, including the approval of the TSX Venture Exchange. The securities issued in the Private Placement will be subject ...

Dynacor Group Inc. , an international gold ore industrial corporation servicing ASMs , today announced that it had recorded unaudited gold sales of US$18.7 million for June 2024, compared to US$23.9 million in June 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240717192328/en/ Second quarter sales amounted to US$67.4 million in 2024, compared to US$64.5 million in Q2-2023, a 4.5% increase. Sales decrease versus June last year of US$5.2 million is due to decreases in sales volumes partially offset by increases in sales prices . Volumes were impacted by lower grades of ore supplied. In June, the average selling price of gold was US$2,313 per ounce, compared to US$1,933 per ounce in June 2023 as gold price cont...

Westwater Resources Inc. an energy technology and battery-grade natural graphite development company, today announced detail for its conference call to be held on July 18, 2024, at 10:00 am eastern time. Management plans to discuss recent progress at its Kellyton Graphite Plant, customer engagement and future plans. Live Conference Call 1-844-763-8274 1-647-484-8814 Conference ID: Westwater Resources Conference Call Webcast: westwaterresources.net/investors/presentations-events/ Conference Call Replay 1-855-669-9658 1-412-317-0088 Access Code: 0876 About Westwater Resources, Inc. Westwater Resources is focused on developing battery-grade natural graphite products. The Company's primary project is the Kellyton Graphite Plant that is under construction in east-central Alabama. I...

VANCOUVER, BC, July 17, 2024 /CNW/ - Trading resumes in: Company: Ultra Lithium Inc. TSX-Venture Symbol: ULT All Issues: Yes Resumption : 11:45 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...

Ultra Lithium Inc. today announced it has received a default notice from Power Minerals Ltd. for the full repayment of amounts outstanding under a convertible loan agreement between the two companies. The Company and Power Minerals entered into the CLA on May 12, 2023. Under the CLA, Power Minerals advanced an interest-bearing loan of AUD $1.13 million to the Company. On October 25, 2023 the Company pre-paid the sum of AUD $150,000 to Power Minerals. The July 16, 2024 Default Notice demands repayment by the Company of the full outstanding balance under the CLA in the amount of AUD $1,102,542 within 10 business days of receipt of the Default Notice. If the Company is unable to make the payment in a timely manner, Power Minerals has stated it intends to enforce its...

Aclara Resources Chief Executive Officer Ramon Barua joined Steve Darling from Proactive to share significant news about the company's strategic initiatives. Aclara Resources has signed a Memorandum of Understanding with VACUUMSCHMELZE GmbH & Co . This MOU establishes a non-binding, non-exclusive, preliminary agreement for the two companies to jointly approach potential clients with a comprehensive "mine-to-magnets" solution for ESG-compliant permanent magnets.
During the interview, Barua emphasized that Aclara and VAC see a significant market opportunity driven by the rising demand for electric vehicles , wind turbines, and other clean technologies. These sectors require rare earth permanent magnets, which must meet increasingly stringent ESG standards. Permanent magnets are...

First Atlantic Nickel Corp. is pleased to announce that it has received drilling permits, which complement our existing exploration permits, for its fully funded 2024 work and drilling program at the 100% owned Atlantic Nickel Project in central Newfoundland, Canada . The Company has initiated the mobilization of heavy equipment to upgrade existing road infrastructure, which will enable a larger portion of the budget to be directed towards drilling high-priority zones and maximizing the overall drilling footage. The 2024 exploration program currently underway is set to identify and test the most promising awaruite nickel zones along the established 30 km nickel trend. Highlights: Drill permits granted for 26 sites covering multiple awaruite nickel zones within a 30 km trend. ...

TSX Venture Exchange: ADY OTC: ADYRF FSE: 701G HIGHLIGHTS Numerous highly prospective copper-gold porphyry-epithermal targets remain untested. Gold mineralized sinters at active geothermal system at Kapkai 3km NW along structure from Kabang - analogous to the active geothermal system at Lihir Gold Mine . Gold mineralization up to 75g/t Au in silicified hydrothermal breccia at Natong 5.5km SE of existing Kabang Resource . Outcropping observations of copper-bearing intensely altered and brecciated intrusives at Danmagal 1.5km SW of the Kabang Resource. Over 10km of arc-parallel structures contain significant copper-gold porphyry-epithermal mineralized targets, outside the current Kabang resource, and remain poorly tested to date. Field program planned to start late July 2024 with a focus on ...

VANCOUVER, BC, July 17, 2024 /CNW/ - The following issues have been halted by CIRO Company: Ultra Lithium Inc. TSX-Venture Symbol: ULT All Issues: Yes Reason: Pending News Halt Time : 9:25 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...

Apex Critical Metals Corp. , is pleased to announce it has commenced a field exploration program at its Cap Project located in east-central, British Columbia, near the community of Prince George, BC. The Cap Project covers a large carbonatite complex which is considered highly prospective for both niobium and/or Rare Earth Element mineralization. The ongoing activities entail prospecting, geological mapping, rock and soil sampling to confirm previously identified niobium mineralization in both historical surface samples and drilling. The exploration work is expected to outline areas prospective for follow-up drill testing. Historical results include: Large oval aeromagnetic anomaly, interpreted to correlated with a carbonatite igneous unit, that may be associated with a large...

St-Georges Eco-Mining Corp. and Call2Recycle Canada, a Canadian leader in battery collection and recycling, are pleased to announce the operational launch of EVSX's new battery processing plant in Thorold, Ontario. This state-of-the-art facility will recycle the increasing volumes of alkaline and carbon zinc batteries collected through Call2Recycle's extensive battery recycling program in Ontario and other provinces. Located at the Bioveld Complex in Niagara, this innovative new facility boasts a processing capacity of 4,200 tons of alkaline batteries per year, achieving an 87.7% ratio of battery components effectively recycled , the highest efficiency rate for single-use battery recycling in Canada. The addition of this facility supports the increasing volumes of alkaline ba...

Montage Gold Corp. is pleased to announce that the brokered private placement previously announced on July 16, 2024, has been increased to 102,857,143 common shares of the Company at a price of C$1.75 per Common Share for gross proceeds of approximately C$180 million and that the oversubscribed book has closed. Trusts controlled by the Lundin family and Zijin Mining Group Co. Ltd. have agreed to subscribe for such number of Common Shares that would result in them holding ownership interests in Montage of 19.9% and 9.9%, respectively, following completion of the Offering. The net proceeds of the Offering will be used for development expenditures at the Company's Koné Project, exploration, and for working capital and general corporate purposes. The Offering is expe...