MAX Power Mining Corp. announces a non-brokered private placement of up to 8,500,000 units of the Company at a price of C$0.195 per Unit for gross proceeds to the Company of up to C$1,657,500 targeting strategic investors. The Offering is scheduled to close on or about May 15, 2024 and completion of the Offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange . Private Placement Terms Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferable common share purchase warrant . Each whole Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.30 per Share for a period of 24 months from the date of issuance, subjec...

Gold Resource Corporation is pleased to announce its first quarter operational results from its Don David Gold Mine near Oaxaca, Mexico, and a corporate update on its other activities. 2024 Q1 Highlights include: Produced and sold 3,557 ounces of gold and 216,535 ounces of silver Produced and sold 1,682 tonnes of zinc, 264 tonnes of copper, and 667 tonnes of lead Cash balance of $5.7 million with no debt and working capital of $13.6 million at March 31, 2024 "Work during the first quarter, included reparations for the planned closure of the third cell of our tailings storage facility and solving fluctuations in the water quality returned to the processing plant from the TSF pond. As a result, plant throughput was reduced, and recoveries were lower during the first few weeks of...

Sixty North Gold Mining Ltd. . Further to the news release of April 17, 2024 where the Company announced plans to complete a non-brokered private placement of up to 13,800,000 units at an offering price of $0.05 per Unit, to raise gross proceeds of up to $690,000 , Sixty North Gold is pleased to report that it has closed on 9,980,000 units raising gross proceeds of $499,000. Each Unit consisted of one common share , and one non-transferable share purchase warrant , with each Warrant being exercisable to purchase one additional Share at an exercise price of $0.08 per Share for a period of one year from the date of closing of the Offering, provided that if the closing market price for the Issuer's common shares is greater than $0.16 per share for a period of ten consecutive tra...

Nine Mile Metals Ltd. announces that it has completed the exercise and acquisition of 100% of California Lake, Canoe Landing Lake East and Nine Mile Brook East mineral projects, dated April 25, 2022 . Please see our news release dated April 25, 2024. The Company now owns 100% right, title and interest in and to 12 mineral claims: California Lake , Canoe Landing Lake East ; and Nine Mile Brook area , totalling 38.94 km2, subject to a 2% Net Smelter Royalty. The Company issued a total of 333,332 common shares at a deemed price of $0.075 per share, in accordance with the Option. The Optionors and the Company also converted the final $30,000 cash payment owing under the Option for 333,334 common shares at a deemed price $0.09 per share. All securities issued will be subject to a ...

Signature Resources Ltd. is pleased to announce that the Company is offering a non-brokered private placement of flow-through shares and non-flow-through shares for gross proceeds of up to C$1,000,000 . Over half of the Offering is expected to be subscribed for by members of the Company's board of directors and management. Each FT Share is being offered at C$0.05 per share and each NFT Share is being offered at a price of $0.045 per share. All securities issued pursuant to this proposed private placement will be subject to the Exchange Hold Period and legend accordingly. The net proceeds from the Offering will be used for the 2024 drilling program and general working capital purposes. It is expected that ten percent of the proceeds will be used for general working capital pur...

Arianne Phosphate is pleased to announce that the Company will be attending the SME Current Trends in Mining Finance Conference in New York on May 20-22, 2024. At the Conference, management from Arianne will participate in a panel discussion May 21st focusing on the financing of early-stage mining projects. As well, Arianne has granted 500,000 stock options on May 1, 2024, to Mr. Jeffrey Beck, CEO of Arianne Phosphate, fully in lieu of any salary or cash remuneration. These options entitle Mr. Beck to purchase one common share of the Company until May 1, 2034 at a price of $0.255 per share, this being the ...

American Eagle Gold Corp. is pleased to announce that it has upsized its previously announced private placementto up to 7,884,615 charity flow-through common shares of the Company at a price of C$1.04 per Charity FT Share for aggregate gross proceeds of up to C$8,200,000 . Proceeds from the Offering will be used for exploration work at the Company's NAK project located in the Babine Copper-Gold Porphyry district in central British Columbia. The final drill hole of the 2023 exploration season yielded 302 metres of 1.09% within 606 m of 0.74% Copper Equivalent starting from 98 metres downhole. The Company plans to step out from this drill hole to begin the 2024 drill season, set to begin this month. The Charity FT Shares will qualify as "flow-through shares" of the Income Tax A...

Largo Inc. will release its first quarter 2024 financial results on Friday, May 10, 2024. Additionally, the Company will host a conference call to discuss its first quarter 2024 results and other updates on Monday, May 13 at 3:30 p.m. ET. To join the conference call without operator assistance on the day, you may register and enter your phone number at https://emportal.ink/3JCUmjJ to receive an instant automated call back. You may also dial direct to be entered to the call by an operator using the dial-in details provided below. Conference Call Details Date: Monday, May 13, 2024 Time: 3:30 p.m. ET Dial-in Number: Local: +1 764-8650 North American Toll Free: +1 664-6383 Conference ID: 02623876 RapidConnect Link https://emportal.ink/48drhVN Replay Number: Local / International: ...

Sandstorm Gold Ltd. has released its financial results for the first quarter ended March 31, 2024 . First Quarter Highlights Revenue of $42.8 million ; Attributable gold equivalent ounces1 of 20,316 ounces ; Cash flows from operating activities, excluding changes in non-cash working capital1 of $32.9 million ; Record cash operating margins1 of $1,782 per attributable gold equivalent ounce . Balance sheet and capital allocation update: The Company has continued to focus on de-levering its balance sheet and made $20 million in net repayments on its revolving credit facility during the first quarter. Subsequent to quarter end, the Company announced the sale of select non-core, non-precious metals assets for $21.0 million in cash as well as the renewal of its Normal Course Issuer...

Gold Digger Resources Inc. is pleased to announce a non-brokered private placement of units of the Company at a price of $0.35 per Unit, for aggregate gross proceeds of up to $1,500,000. Each Unit will consist of one common share in capital of the Company and one-half of one Common Share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.50 for a period of 12 months from the date of issuance. The securities offered pursuant to the Offering will be subject to a statutory hold period of four months and a day from the date of issuance. The Company may pay the following finder's fees in connection with the Offering: a cash fee equal to 7% of the gross proceeds raised under the Offering from subscribers introduce...

Galiano Gold Inc. is pleased to report its first quarter 2024 operating and financial results for the Company. Galiano owns a 90% interest in the Asanko Gold Mine located on the Asankrangwa Gold Belt in the Republic of Ghana, West Africa. All financial information contained in this news release is unaudited and reported in United States dollars. Acquisition of Gold Fields Limited's 45% interest in the AGM On March 4, 2024, the Company completed the previously announced acquisition of Gold Fields Limited's 45% interest in the AGM joint venture . The strategic rationale of the Acquisition is to consolidate ownership of the AGM, one of the largest gold mines in West Africa, and establish Galiano as a growing gold producer with robust financial strength. Following the Acquisition,...

Karora Resources Inc. is pleased to announce senior management will host a conference call / webcast on May 13, 2024 at 10:00 a.m. to discuss the Corporation's first quarter 2024 results. The access information is provided below. Date: May 13, 2024 Time: 10:00 a.m. . North American callers please dial: 1-888-664-6383 Local and international callers please dial: 416-764-8650 To join the conference call without operator assistance, you may register and enter your phone number at the Callback Link to receive an instant automated call back and be placed into the call. The call may also be accessed using the Webcast Link . Karora plans to issue a news release containing the first quarter 2024 results before markets open in Toronto on Monday, May 13, 2024. A recording of the confer...

Santacruz Silver Mining Ltd. reports its financial and operating results for the fourth quarter and year end 2023. The full version of the financial statements and accompanying Management's Discussion and Analysis can be viewed on the Company's website at www.santacruzsilver.com or on SEDAR+ at www.sedarplus.ca. 2023 Highlights Processed 1,883,446 tonnes of material, a 14% increase year-over-year Produced of 22,641,052 silver equivalent ounces, a 25% increase year-over-year, including: 7,004,582 ounces of silver, a 25% increase year-over-year 91,616 tonnes of zinc, a 26% increase year-over-year 12,369 tonnes of lead, a 23% increase year-over-year 1,254 tonnes of copper, a 3% decrease year-over-year Cash cost per silver equivalent ounce sold of $18.96, an 8% increase year-over...