Vast Resources Plc / Ticker: VAST / Index: AIM / Sector: Mining 8 May 2024 Vast Resources Plc Update on Debt Funding Vast Resources Plc, the AIM-listed mining company, is pleased to announce an update in relation to the Asset Backed Debt facility from A&T Investments SARL as announced on 16 May 2022 and the debt owed to Mercuria Energy Trading SA relating to Tranche A of the Prepayment Agreement announced on 21 March 2018. As announced on the 29 April 2024, US$1.5 million was due to be repaid on 7 May 2024. The Company is currently in discussions with Alpha and Mercuria regarding a further extension that will allow further time to finalise the restructuring finance for the Company with the owner of the Swiss investment company, as referenced in...

TORONTO, May 8, 2024 /CNW/ - Silver Mountain Resources Inc. , is pleased to announce that the TSX Venture Exchange has accepted for listing 87,638,928 common share purchase warrants of the Company for trading on the TSXV. Such Warrants are being issued pursuant to a prospectus supplement to the short form base shelf prospectus of the Company dated November 9, 2022, which Supplement was dated April 18, 2024 . For more information about the Offering, please refer to the Company's news release dated April 24, 2024, which is available under the Company's SEDAR+ profile at https://sedarplus.ca. Under the Offering, an aggregate of up to 97,854,926 Warrants may be issued. 87,638,928 Warrants were issued on April 24, 2024 in connection with the closing of the Offering, including the ...

VANCOUVER, BC, May 8, 2024 /CNW/ - The following issues have been halted by CIRO Company: Transforma Resources Corp. TSX-Venture Symbol: TFM All Issues: Yes Reason: Cease Trade Order Halt Time : 7:45 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 ca...

Advanced Gold Exploration has issued the following press release in response to the recent increases in the price of copper and the continuing interest in this very important metal in EV development and Greenhouse Gas emission reduction. We are highlighting our very exciting copper property - Buck Lake. Highlights: Copper is Instrumental in the Commodities Supercycle. The world needs more copper and exploration will be important in the supply. Ontario has a past history of copper production. AUEX's Buck Lake Property is a VMS -style copper prospect with high-grade copper intersections in drill holes and channel samples. The property is large, covering nearly 4000 Ha with multiple copper and zinc showings from past work and recent prospecting. James Atkinson CEO of Advanced Gold Exploration...

Coast Copper Corp. announces it is undertaking a non-brokered private placement comprised of up to 10,000,000 units of the Company at an issue price of $0.06 per Unit for gross proceeds of up to $600,000 . Each Unit will consist of one common share in the capital of Coast Copper and one non-transferable common share purchase warrant, with each warrant entitling the holder to acquire an additional common share of the Company at an exercise price of $0.12 per share with an expiry date of 36 months after completion of the Offering . The gross proceeds raised from the Offering will be used: to make the final payment due September 2024 in relation to the Company's optioned Empire Mine property mineral claims; to conduct field work on the newly acquired Sully property...

Greenland Resources Inc. is pleased to announce that it submitted to the Greenland Minerals Licenses and Safety Authority an updated version of the Social Impact for the Malmbjerg Molybdenum Project in east Greenland . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240508752989/en/ The updated SIA incorporates the new legal provisions set under the Mining Act that came into effect in January 1, 2024; provides new positive community engagement updates that occurred since the last SIA submission press released January 3, 2023; and added the green power generation alternatives from the renewable energy report press released by the Company on December 18, 2023. Although the SIA is not part of the requirements to obtain...

Allegiant Gold is pleased to welcome the return of Mr. Norman Pitcher to the Board of Directors at Allegiant Gold effective immediately. Peter Gianulis, CEO of Allegiant Gold, commented: "I am very pleased to welcome Norm back to our Board. During the four years he was previously part of our Board, Norm was an important and invaluable part of our team. We look forward to having Norm back on the Board as we continue to advance the development of Eastside." BACKGROUND: NORM PITCHER Mr. Pitcher is a current director at Ensign Minerals and was a director of Allegiant Gold from 2017-2021. He is the former CEO & President of Mirasol Resources and was a non-executive director of Roxgold from 2016-2022. From 2012 to 2015, Mr. Pitcher served as the President of [wp=39]Eldorad...

Blackbird Critical Metals Corp. is pleased to announce that the exploration camp permit for its maiden drill program has been issued. The exploration camp permit reduces the travel distance of Blackbird's personnel by roughly 70 km. The effect of using a road-side camp will reduce the total helicopter hours required, lower the overall cost of the maiden drill program, and reduce the likelihood of weather delays. The Company is further pleased to announce it has selected Groundtruth Drilling as its drill contractor. Groundtruth Drilling operates effective RC drill rigs that are excellent for first-pass fly drill programs such as the one planned on the Tyee Project. Using RC drilling, the Company expects to be able to test a minimum of 6 targets. "We are happy to report the iss...

Lion One Metals Ltd. is pleased to report significant new high-grade gold results from near-mine expansion drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Assay results are presented here for near-mine expansion drilling in the Murau down-dip extension and SKL areas of Tuvatu. Both areas are outside the current mine plan yet are close to current underground workings and are being brought into the mine plan for late 2024 and 2025. The Murau down-dip extension drilling represents an expansion of the Murau lode system in Zone 2, which will be entering production in CY Q3 2024. Previous drill results from the Murau system are available in news releases dated April 25, 2024 and October 19, 2023. The SKL area is in Zone 5 near the entrance to the historical explora...

Not for dissemination in the United States or through U.S. newswires All dollars are Canadian unless otherwise noted Ridgeline Minerals Corp. is pleased to announce that further to its news releases on April 17, 2024 and April 19, 2024, the Company has closed its oversubscribed, non-brokered private placement to issue 18,481,801 units of the Company , at a price of $0.12 per Unit , for aggregate gross proceeds of $2,217,816. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder to acquire one additional common share in the Company at a price of $0.18 per share until May 7, 2026. The proceeds from the Offering will be used to fund exploration activities at the Company's Nevada properties and f...

T2 Metals Corp. announces that further to a price reservation filed on April 10, 2024, the Company has arranged a non-brokered private placement financing of up to 8,000,000 units , at a price of $0.25 per Unit, to raise up to $2,000,000. Each Unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to purchase an additional common share at a price of $0.40 for a period of three years from closing. There will be insider participation in the Financing. Finders' fees may be paid on a portion of the Financing and net proceeds will be used for working capital and exploration. All securities issued in the Financing are subject to a four-month hold period and to all necessary regulatory approvals, including th...

Standard Lithium Ltd. , a leading near-commercial lithium development company, today announced the closing of a landmark strategic partnership with Equinor ASA , a multinational energy company and recognized leader in renewables and low-carbon solutions, to accelerate the development of Standard Lithium's large-scale, sustainable lithium projects in the Smackover Formation. The Transaction includes Equinor's contribution of up to US$160 million, representing its total gross project-level investment and reflecting its 45% ownership stake in the two entities. This investment includes a US$30 million cash payment to Standard Lithium at closing, a work program solely funded by Equinor of US$60 million, representing a US$33 million carry b...

Puma Exploration Inc. is pleased to launch its 2024 exploration program at its 100%-owned Jonpol Gold property located 8 km east of its Williams Brook property in Northern New Brunswick. As outlined in its News Release of January 17, 2024, Puma is expanding its regional exploration fieldwork to prospective areas of the Williams Brook Project to identify additional priority targets and add to the Williams Brook gold inventory. A focused exploration program will be deployed this summer at the Jonpol Gold property and its new expansion to advance the Company's understanding of the sizeable orogenic gold system at play in the region and identify additional potential gold deposits. Figure 1. Williams Brook Project properties and other Puma holdings The 2024 summer program at Jonpo...