CoTec Holdings Corp. is pleased to announce that it has completed an initial closing of its previously announced non-brokered private placement of up to 6,000,000 units at a price of $0.50 per Unit for gross proceeds of up to $3,000,000 . Each Unit consists of one common share in the capital of the Corporation and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at an exercise price of $1.05 for a period of 12 months following the issuance of the Units. Pursuant to the Initial Closing, the Corporation issued a total of 4,141,025 Units for aggregate gross proceeds of $2,070,513.07. The Corporation expects to complete additional closings of the Private Placement in May 2024.The Corporation will use the gross proceeds of the Priva...

Delays in audit at its MDN Subsidiary in Argentina to impact annual filing Company to satisfy payment of accrued interest on Sprott Note by the issuance of common shares of the Company Cerrado Gold Inc. announces that the filing of its annual financial statements and accompanying management's discussion and analysis for the fiscal year ended December 31, 2023 may not be finalized by April 29, 2024 , being the date that such filings are due under applicable Canadian securities law requirements. Significant policy changes in Argentina following the change in government in December 2023 have had significant impacts upon, among other things, currency controls and inflation in Argentina which changes have significantly increased complexities and challenges in conducting business i...

Globex Mining Enterprises Inc. is pleased to update shareholders regarding drilling by Brunswick Exploration Inc. on Globex's royalty property in the James Bay area of Quebec. Drilling at the Mirage property by Brunswick continues to intersect wide widths of lithium bearing mineralization in their drill campaign focused on the Central Zone within Globex's large royalty claim package: 1.59% Li2O over 58.1 metres in Hole MR-23-49 1.71% Li2O over 31.6 metres in Hole MR-23-60 1.03% Li2O over 18.6 metres also in Hole MR-23-60 0.93% Li2O over 12.0 metres also in Hole MR-23-60 Thirty-five drill holes were completed prioritizing near surface lithium mineralization and assays are pending for a further thirty-two drill holes. Click here to access Brunswick's press release including maps...

Galway Metals Inc. is pleased to announce that it has closed its previously-announced non-brokered private placement consisting of an aggregate of 2,629,600 charity flow-through units of the Corporation at a price of $0.54 per Charity FT Unit and 7,142,858 traditional flow-through units of the Corporation at a price of $0.42 per Traditional FT Unit for aggregate gross proceeds to the Corporation of $4,419,984.36. In addition, the Corporation is expecting to close an additional $100,000.00 in Traditional FT Units in the coming days. Each FT Unit consists of one flow-through common share of the Corporation , and one common share purchase warrant . Each Warrant will entitle the holder to acquire one non-flow-through common share of the Corporation for an exercise price of $0.60 ...

Highwood Asset Management Ltd. is pleased to announce the acquisition by Libra Advisors, LLC of 1,500,000 common shares in the capital of Highwood , previously held by West Lake Energy Corp. . West Lake originally acquired the Acquired Shares from Highwood on August 3, 2023 as partial consideration for the acquisition by Highwood of all of the issued and outstanding shares in Boulder Energy Ltd., a wholly-owned subsidiary of West Lake at such time. As a result of the Acquisition and together with the securities previously held, Libra, on behalf of the portfolios of investment funds managed by it, now exercises control or direction over 1,617,934 Shares and 166,667 Share purchase warrants , representing approximately 10.7% of the issued and outstanding Shares at April 25, 2024...

Tocvan Ventures Corp. , is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement of Units for gross proceeds of $2,099,830 , which included $1,500,000 from a UK based institutional investor, Sorbie Bornholm LP , who has invested in several previous private placements with the Company since 2022. The Offering consisted of the issuance of an aggregate of 5,999,514 Units at a price of $0.35 per Unit. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Common Share in the capital of the Company at a price of $0.50 for a period of 36 months from the closing of the Offering. "We are pleased to qui...

Gowest Gold Ltd. provided an update on its annual and special meeting of shareholders held earlier today , at which shareholders of the Company approved all presented matters. Specifically, at the Meeting: The following individuals were elected as directors of the Company: C. Fraser Elliott , Dan Gagnon, Peter Quintiliani, Meirong Yuan, Douglas Cater, and Fuhua Zhou; DNTW Toronto LLP was re-appointed as auditor of the Company; and, Shareholders re-approved and confirmed the 10% "rolling" stock option plan of the Company in accordance with the applicable policies of the TSX Venture Exchange. Additional details regarding each of these matters are included in the management information circular prepared in connection with the Meeting. A copy of the management information circula...

Hycroft Mining Holding Corp. is pleased to announce that Hycroft will be added to the Solactive Global Silver Miners Total Returns Index , effective May 1, 2024. Diane R. Garrett, President and CEO of Hycroft, commented: "We are incredibly pleased with Hycroft's inclusion on the Solactive Global Silver Miners Total Returns Index as it is an important achievement and comes at a time of strong tailwinds in the price of commodities." As noted in Solactive's Global Silver Miners Total Returns Index Guideline, companies included on the Silver Index must have "significant business operations in silver mining" with either "significant revenues generated or expected to be generated in the future either from silver mining or closely related activities and a free float market capitaliza...

Adyton Resources is pleased to report that on closing the recently announced C$1.5M financing, work activities on its 100% owned Feni Island Gold-Copper Project have commenced in earnest with the engagement of globally renowned geophysical and data science group Southern Geoscience Consultants. Now informed by Adyton's extremely encouraging 2021 drill results, SGC's initial focus will be to reprocess and reinterpret historical geophysics data and interrogate against other technical data sets. Geophysical data sets include: island-wide magnetics, radiometrics, and radar topography; and detailed Induced Polarization . Reprocessing will leverage modern geophysical algorithms to optimize the 3D depth analysis of the historica...

Kootenay Silver Inc. is pleased to announce that the Company has completed its previously announced and upsized "best efforts" public offering for gross proceeds of C$10,350,000 from the sale of 9,241,071 units of the Company at a price of C$1.12 per Unit . The completed Offering includes the exercise in full of the Agents' over-allotment option for the sale of 1,205,357 Units for proceeds of C$1,350,000. Each Unit consists of one common share of the Company and one half of one Common Share purchase warrant . Each whole Warrant shall entitle the holder to purchase one Common Share of the Company at a price of C$1.68 at any time on or before April 25, 2026. The Offering was conducted by Red Cloud Securities Inc., acting as lead agent and sole bookrunner, and Research Capital C...

Showcase Minerals Inc. is pleased to announce that it has completed mobilization of the drill rig and has commenced drilling at its Dixie Flats-North Star Gold Project located in Elko, Nevada. The drill program is designed to expand the zone of known mineralization near previous high-grade intercepts and along strike of identified structures. Reverse circulation drilling will comprise an initial two drill holes of 457 meters as part of a larger program of up to 12 drill holes that total approximately 3,650 meters based on results. The drill program is being conducted by Envirotech Drilling of Winnemucca, Nevada, under the supervision of Rangefront Mining Services, the project operator. About the Dixie Flats- North Star Gold Project: The Dixie Flats-North Star Property is loca...

Lion One Metals Ltd. is pleased to report significant new high-grade gold results from ongoing infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji and provides an update to mining operations at Tuvatu. Assay results are presented here for infill and grade control drilling completed in the Zone 2 area of Tuvatu and include multiple bonanza grade gold results such as 448.98 g/t, 202.34 g/t, 108.5 g/t, 92.89 g/t, and 82.35 g/t. These drill intercepts are all located in the near surface portion of Tuvatu and are scheduled for mining in the short term. The results included in this news release are from drill holes that targeted the URW1 and Murau lode systems proximal to underground development. Previous results from Zone 2 drilling are availab...

PPX Mining Corp. is pleased to announce that during the current month, the Company focused its exploration efforts in three additional diamond drillholes from underground at Callanquitas East and West breccia zones. Holes CA-24-09 and CA-24-10 were drilled horizontally at elevation 3290 m towards the Callanquitas West. CA-24-10 delivered up to 18.93 g/t Au; with an intercept of 10.46 g/t Au and 34.7 g/t Ag over 0.9 meters. Hole CA-24-09 intersected 3.33 g/t Au and 11.5 g/t Ag over 0.45m. Drillhole CA-24-08 was placed steeply with azimuth below CA-24-07 , intercepting the Callanquitas East breccia zone with a grade of 2.27 g/t Au and 169.7 g/t Ag over 1.30 meters width. The hole was stopped close to the sulfide zone intercepted in CA-24-07. Table N°1 below shows the sections o...