Madison Metals Inc. is pleased to announce that it has entered into a media services agreement with Market One Media Group . Located in Vancouver and Toronto, Market One is a multiplatform media solution for the capital markets operating in editorial, video and digital media. The media message is distributed via broadcast, digital and social media channels, including media platforms such as BNN Bloomberg. Madison has engaged Market One to broaden messaging with the strategic intent of driving shareholder value. This initiative aims to enhance investor engagement and confidence by effectively communicating the Company's advancements in its maiden drill program at the Khan Project. The drill program aims to confirm the continuity of high-grade uranium surface samples and expand...

VANCOUVER, BC, April 30, 2024 /CNW/ - NexGen Energy Ltd. is pleased to announce that it has entered into an amended and restated placement agreement dated April 30, 2024 with a lead manager and bookrunner in Australia, Aitken Mount Capital Partners to upsize its previously announced Australian offering to be 20,161,290 common shares of the Company, at a price of C$11.11 per Share for aggregate gross proceeds of approximately C$224 million . Canaccord Genuity acted as Lead Co-Manager to the Offering. The Offering will be marketed to Australian investors to enhance the liquidity, trading volumes and market capitalization of the Company's CHESS Depositary Interests listed on the ASX and will be done in accordance with the terms of the Placement Agreement. The net proceeds of the...

Established gold producer Austral Gold Ltd. is pleased to announce that it has filed its Q4 2023 Quarterly Activity Report. The complete Report is available under the Company's profile at www.asx.com, www.sedar.com and on the Company's website at www.australgold.com/. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva. For additional information please contact: Jose Bordogna Chief Financial Officer Austral Gold Ltd. Phone: +61 466 892 307 jose.bordogna@australgold.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/207399...

Westhaven Gold Corp. is pleased to announce the appointment of Mr. Fraser MacCorquodale as a Technical Advisor. Mr. MacCorquodale served as the General Manager of Exploration at Newcrest Mining Ltd. from 2008 to 2023. During his tenure, he played a pivotal role in formulating and executing Newcrest's growth strategy, overseeing the development of a world-class exploration team and establishing a robust growth portfolio. His extensive experience spans 35 years in global gold and copper exploration, encompassing expertise in near-mine, brownfield and greenfield exploration across diverse cultural and geographical landscapes including Australia, Indonesia, Papua New Guinea, Western Canada, the United States of America, Ecuador and Chile. Fraser MacCorquodale states,...

Northern Graphite Corp. announces that its Audited Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2023 have been filed on SEDAR+ and posted to the Company's website. The Company is pleased to provide the following operational and financial summary. "2023 was our first full year in operation since the Company acquired the Lac des Iles and Okanjande mining assets from Imerys, and it has been a transformative year for Northern," said Chief Executive Officer Hugues Jacquemin. "We successfully integrated the Lac des Iles mine and Okanjande project into the Company and optimized working capital to generate the cash we needed to advance our strategy, with minimal dilution to shareholders. Over the course of 2023, we saw sales rebound an...

Mundoro Capital Inc. announces the operating and financial results for the quarter and year ended December 31, 2023. The audited Financial Statements , and Management's Discussion and Analysis for 2023 are filed on SEDAR+, and are available on Mundoro's website at www.mundoro.com under the heading "Investors." Teo Dechev, CEO and President commented: "In 2023, the portfolio of partner funded programs had ~13,900 meters of drilling and 11 geophysical surveys completed over 9 projects in Serbia, Bulgaria and Arizona which amounted to $13.3 million in exploration expenditures. The outcomes of the exploration programs demonstrated a new mineralized system in Arizona at Dos Cabezas that merits additional drilling, as well as follow up targets for drill testing in Serbia and new ta...

Established gold producer Austral Gold Ltd. is pleased to announce that its Argentine subsidiary Austral Gold Argentina SA obtained an unsecured related party loan from Banco Hipotecario for AR$1,400 million. BH is related to Austral's largest shareholder and Chair, Eduardo Elsztain. Material terms of the loan agreement: Loan Amount: AR$1,400 million Loan Term: 6 months; loan may be repaid earlier at the Company's option at 2% prepayment fee; Interest Rate: 5-day average Badlar rate + 2%; Use of Proceeds: repayment of related party bridge loan from Consultores Assets Management SA of AR$1,200 million plus interest obtained on 27 March 2024; Security: the loan is unsecured. The Buenos Aires Deposits of Large Amount Rate is a market reference rate in Argentina in local currency...

Cantex Mine Development Corp. announces that, in accordance with the Company's Stock Option Plan, it has granted an aggregate of 2,100,000 options to certain directors, officers, and consultants of the Company. The options are exercisable at a price of $0.50 and have a term of 7 years expiring April 26, 2031. The options also vest in their entirety at the end of 5 years, provided that if an optionee ceases to bee a bona fide service provider prior to the vesting of their options, a pro rata portion of such optionee's options shall vest and the remainder shall be cancelled. Signed, Charles Fipke Dr. Charles Fipke, CM Chairman Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Information set fo...

Trading Symbol: ELR ; EPS Eastern Platinum Ltd. is providing this bi-weekly default status report in accordance with National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults . On April 4, 2024, the Company announced that it was unable to file its annual audited financial statements for the fiscal year ended December 31, 2023 and the related management's discussion and analysis and annual information form for the fiscal year ended December 31, 2023 by the deadline of April 1, 2024. On April 3, 2024, the British Columbia Securities Commission, as principal regulator, granted a temporary management cease trade order to the Company. The Company intends to file the 2023 Required Filings as soon as practicable. Pursuant to NP 12-203, the Company must file bi-week...

TORONTO and MARSEILLE, France, April 30, 2024 /CNW/ - Foraco International SA , a leading global provider of mineral and water drilling services, today announced its first quarter 2024 results. All figures are expressed in US Dollars unless otherwise indicated. Revenue Revenue: US$ 77.1 m compared to US$ 88.4 m in Q1 2023 . Q1 2024 revenue is the second-best Q1 quarter of the last decade . During Q1 2024, several customers postponed the resumption of activities in January compared to 2023 which was partially recovered in the second part of the quarter. Profitability Gross Margin: US$ 16.8 m, or 21.8% of revenue EBITDA: US$ 17.6 m, or 22.8% of revenue Net Profit: US$ 8.5 m, or 11.0% of revenue EPS to equity holders: 8.78 US cents vs 6.56 US cents in Q1 2023 Tim Bremner, CEO of...

PTX Metals Inc. is pleased to provide an update of the Spring 2024 exploration work programs on the South Timmins Mining Joint Venture gold properties. The properties include the Shining Tree, Heenan and Mallard gold projects, all located along the Ridout-Tyrell Deformation Zone in Ontario's mineral-rich Abitibi greenstone belt. The South Timmins JV will continue with a prioritized program which will start in May and prepare for drilling at the projects later in 2024. The work program will continue to follow a comprehensive strategy following the successful results reported from the first three programs, completed in 2023 and 2024, which validated the exploration strategy and included a new gold discovery in the Swayze Greenstone belt at Heenan and the confirmation of high-gra...

Freeport Resources Inc. is pleased to announce that it has closed the second tranche of its non-brokered private placement offering for gross proceeds of $787,761. In connection with completion of the second tranche of the Offering, the Company has issued 15,755,217 units at a price of $0.05 per Unit. Each Unit consists of one common share, and one-half-of-one common share purchase warrant. Each whole warrant entitles the holder to acquire an additional common share of the Company at a price of $0.25 until April 29, 2026. In connection with completion of first tranche of the Offering, the Company paid finders' fees of $14,000 and issued 280,000 share purchase warrants to certain arms-length parties who assisted in introducing subscribers to the Offering. All securities issued...

Lara Exploration Ltd. is pleased to announce that it has agreed with Vertical Mineração Limitada., to settle the lawsuit and recover the Curionopolis Iron Project, which has now been transferred back to Lara's Brazilian subsidiary. The Curionópolis Iron Project comprises a 1,348-hectare license area, covering iron formations located in the Carajás District of northern Brazil that was optioned to Vertical in 2009 for staged cash payments and production royalties. Vertical completed exploration drilling, resource estimates, economic and environmental studies, but defaulted on its payment obligations to Lara. Lara initially filed for arbitration in 2016 which was contested, and then embarked upon legal action in 2022. About Lara Exploration Lara is an exploration company followin...