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...

Element79 Gold Corp. provides an update on recent social affairs development and ongoing initiatives with the Chachas community at its Lucero project. Fostering Collaboration with Artisanal Miners As part of Element79's ongoing efforts and community engagement, the Company's community relations team recently organized a coordination meeting with artisanal miners from Lomas Doradas during the month of April. The meeting aimed to foster collaborative relationships between the groups, seeking mutual support as the Company endeavours to use surface land to conduct exploration work. Moreover, the Company also sought exclusive agreements with artisanal miners, ensuring a unified approach to mineral extraction and resulting sale of ore. With Element79's dedication to fostering produ...

U.S. Gold Corp. is pleased to announce that it has closed the previously announced purchase and sale of an aggregate of 1,400,000 shares of our common stock at $3.50 per share in a registered direct offering and, in a concurrent private placement transaction, unregistered warrants to purchase 1,400,000 shares of our common stock at an exercise price of $4.48 per share. The aggregate gross proceeds from the Transactions totaled approximately $4.9 million and closed on April 24, 2024. After the close of the Transactions, the Company's common shares outstanding is 10,732,277. The Company did not retain a placement agent in connection with the Transactions. U.S. Gold intends to use the net proceeds from the Transacti...

Ashley Gold has compiled historical drilling information at the Sahara Uranium-Vanadium historical reserve as part of it's due diligence process. Results are exceeding expectations with over one-third of the historical drilling intersecting mineralization. The advanced and accessible Sahara property is located in east-central Utah, 180 miles southeast of Salt Lake City just off of interstate I-70. Darcy Christian, CEO of Ashley comments "It is amazing to see the amount of capital and effort that has gone into the delineation of the Sahara Historical reserve. The amount of drilling completed on property would cost at least $15-20 million if done today. Historical drilling has identified a large body of sandstone hosted Uranium-Vanadium with the 1979 decline terminating a...

Getchell Gold Corp. is pleased to announce the final tranche of its debenture financing . In this third tranche of the Debenture Financing, the Company has subscriptions for $1,441,900 principal amount of non-convertible debentures, for total aggregate funds of $4,363,318 across all tranches of the Debenture Financing. In connection with this closing, the Company will issue 14,419,000 warrants . Each Debenture Warrant will entitle the holder to purchase a common share of the Company at $0.10 per share for three years. 50% of the Debenture Warrants will vest on closing and the remaining 50% will vest and be exercisable 14 months following closing if the Debenture has not been repaid prior to that vesting date. In connection with the third tranche of the Debenture Financing, th...