Guanajuato Silver Company Ltd. is pleased to announce the closing of its previously announced brokered, best-efforts offering for aggregate gross proceeds to the Company of C$11,350,460 under a combined Listed Issuer Financing Exemption private placement under Part 5A of National Instrument 45-106 - Prospectus Exemptions and concurrent private placement to accredited investors . The Offering consisted of units of the Company at a price of C$0.20 per Unit . The Offering was led by Research Capital Corporation and Red Cloud Securities Inc. as the co-lead agents and joint bookrunners, on behalf of a syndicate of agents, including Canaccord Genuity Corp. . Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each Warrant will entitle the ho...

Aston Bay Holdings Ltd. ; is pleased to announce that it has today closed a first tranche of the Company's non-brokered private placement, previously announced on April 24, 2024 . Pursuant to this first tranche of the Offering, the Company has issued 9,200,000 flow-through shares at a price of $0.15 per FT Share, for aggregate gross proceeds of $1,380,000. The closing is subject to final acceptance of the TSX Venture Exchange. All shares acquired by the placees under the first tranche of the Offering, are subject to a hold period until September 10, 2024, in accordance with applicable Canadian securities legislation. In connection with the closing of the first tranche of the Offering, Aston Bay has paid aggregate cash finder's fees of $82,880 to three arm's length finders, r...

Power One Resources Corp. CEO Karim Rayani joined Steve Darling from Proactive to delve into the company's recent progress and future plans. Since going public in January as a spin-out from Marvel Discovery, Power One has been gearing up to drill the Pecors Project, a significant nickel system in Canada. Spanning an impressive seven kilometers in length, three kilometers in width, and extending two to three kilometers in depth, this project boasts a historic resource of 20 million tons and was originally explored for uranium in the 1950s.
In addition to the Pecors Project, Power One is advancing another venture in British Columbia, situated near Prince George, within one of Canada's renowned rare earth belts. While this project is currently secondary in focus, it is expected ...

Global Stocks News - In a press release dated May 7, 2024, West Red Lake Gold Mines reported drill results, focused on the high-grade South Austin Zone at its Madsen project in Ontario, Canada. WRLG's flagship asset - The Madsen Gold Mine was targeted for acquisition by Canadian philanthropist and financier Frank Giustra who formed Wheaton River Minerals which was sold to Newmont for USD $10 billion in 2019. The Madsen Gold Mine is fully permitted and has a brand-new 800+ tonne per day mill, a tailings and water treatment facility. [1] The strategy for the Madsen Mine Restart is: 1. De-risk Resources . Click Image To View Full Size "South Austin is an important part of the mine restart plan," Will Robinson, WRLG VP of Exploration told Guy Bennett, CEO of Global Stocks News. "There are 1.7 ...

HIGHLIGHTS New applications cover 6,400 hectares of highly prospective copper ground across a coastal belt located directly between Ilo Norte and Ilo Este Areas were previously held by Anaconda Copper. Ground visits indicate the area has received limited exploration Total of 43,500 hectares pegged, mostly in the coastal belt, establishing Solis as a significant landholder in a highly prospective and emerging belt with porphyry copper potential Two drill permit applications now underway over Ilo Este and Ilo Norte . Cinto application in planning phase Copper mineralisation in association with silicification and alteration identified outcropping at surface on new application areas Follow-up mapping and initial geophysical studies to commence immediately Solis continues to review potential ac...

Globex Mining Enterprises Inc. wishes to inform shareholders that Radisson Mining Resources Inc. has reported additional gold intersections on their O'Brien Gold Project, specifically on the Kewagama Gold Mine portion on which Globex Mining Enterprises Inc. holds a two percent Net Smelter Royalty . Gold intersections include the following were high-grade intersections: Hole OB-23-286: 4.00 m grading 9.70 g/t Au Hole OB-23-289: 4.50 m grading 6.54 g/t Au Hole OB-24-306: 4.00 m grading 6.40 g/t Au Table 1: Trend 4 Drill Results summary - Radisson Length AU - Uncut COMMENTS OB-23-286 Trend #4 291.00 337.70 45.70 1.11 Pontiac Sediments *VG Including 291.00 295.00 4.00 9.70 Pontiac Sediments *VG Which includes 292.00 293.00 1.00 37.70 Pontiac Sediments *VG 332.10 334.5...

Taranis Resources Inc. is pleased to announce the exercise of additional warrants that will aid the Company in its continued efforts to explore the Thor project. The Company is also progressing with a financing that will allow it to undertake deep drilling on the project this summer. Exercise of Warrants Taranis has recently received a further $250,000 from the exercise of 1,250,000 share purchase warrants at a price of $0.20 per share. These 1,250,000 shares will be issued shortly. Modernization of Exploration Databases at Thor for Use with Artificial Intelligence Taranis has compiled a substantial amount of exploration data at Thor, and the Company is undertaking a modernization of its existing digital databases that will enable it to analyze this data using artificial inte...

Eastern Platinum Ltd. is pleased to report that the temporary management cease trade order announced on April 4, 2024, has been revoked by the British Columbia Securities Commission and is no longer in effect. As reported on May 3, 2024, Eastplats has completed and filed all late filings. The Company has adopted polices and procedures to ensure timely filing in the future. Cautionary Statement Regarding Forward-Looking Information This press release contains "forward-looking statements" or "forward-looking information" within the meaning of applicable securities legislation. Such forward-looking statements in this press release include that proper procedures and processes are in place to avoid future filing delays. These forward-looking statements are based on assumptions made...

Announces Management Changes Velocity Minerals Ltd. announces that it has entered into an agreement to the letter agreement signed with Zelenrok EOOD , a wholly-owned subsidiary of Raiden Resources Ltd. , whereby Velocity has been granted an exclusive option to acquire, in two stages, up to a 75% interest in and to the Zlatusha prospecting and exploration license . Amendment Details Under the terms of the Amendment, an application will be made to extend the term of the Zlatusha PL by an additional two years. Velocity is not required to incur any additional exploration expenditure on the Zlatusha PL or make any cash or share payments to Raiden until such time as the term of the Zlatusha PL has been extended and the work program related to the extension has been a...

Onyx Gold Corp. is pleased to announce that it has entered into an option agreement with Senoa Gold Corp. and a wholly-owned subsidiary of the Company to acquire the WEAS property , which consists of claims that are contiguous to the Company's King Tut property, in Yukon's Tombstone Gold Belt. Highlights of the Property and the Agreement: The 627-hectare land package comprising the Property is located within the King Tut Property . This strategic acquisition consolidates the King Tut Property and provides the Company full control of the two mineralized intrusions on the King Tut Property, the WEAS intrusion and the Golden Mask intrusion located 9 km to the west . The Property covers a prospective reduced intrusion-related gold target. Historical work completed by previous ope...

E-Power Resources Inc. announces that it has closed the second tranche of the private placement previously announced on February 26, 2024 . An aggregate of 1,849,114 units of the Company were issued in the Private Placement at a price of $0.07 per Unit for gross proceeds of $129,438, each Unit being comprised of one common share in the capital of the Company and one-half common share purchase warrant , each Warrant entitling its holder thereof to acquire one additional common share at a price of $0.15 per Warrant Share for a period of 60 months from the closing date. Net proceeds from the Offering will be used by the Company for general working capital purposes. Two insiders of the Company participated in the Private Placement. No finder's fees were paid in connection to this...

Mineros S.A. today reported its financial and operating results for the three months ended March 31, 2024. For further information, please see the Company's unaudited condensed interim financial statements and management's discussion and analysis filed under its Mineros' profile on www.sedarplus.com. Andrés Restrepo, President and Chief Executive Officer of Mineros, commented: "We had a strong first quarter from both a financial and an operating perspective. Our cash cost and all in sustaining costs were at the lower end of guidance for our operations. Our gold production from Company owned mines was largely as expected and we processed more artisanal material in Nicaragua showing the tremendous flexibility of our operations to compensate for unanticipated downtime in our pr...

Teako Minerals Corp. announced today that it is closing the second and final tranche of a non-brokered private placement of common shares of the Company at a price of $0.09 for total gross proceeds of $964,070 . In connection with the Offering, the Company issued 6,439,996 Common Shares under the first tranche for aggregate proceeds of $579,599 and 4,271,900 Common Shares under the second tranche for aggregate proceeds of $384,471. Under the Offering, Teako issued, in aggregate, 10,711,896 Common Shares which brings the total issued and outstanding share count to 71.599.808. The Company did not pay any finder's fees in cash or securities under the Offering. The Company's largest shareholder, Fruchtexpress Grabher GmbH & Co KG , participated in the Offering and acquired an agg...