Palisades Goldcorp Ltd. is pleased to announce that New Found Gold Corp. , a significant equity investee of Palisades within the meaning of applicable Canadian securities legislation, has entered into a property purchase agreement with Labrador Gold Corp. providing for the sale by LabGold to New Found of a 100% interest in LabGold's Kingsway Project , which adjoins New Found's 100%-owned Queensway project in Newfoundland and Labrador, as well as certain related assets of LabGold . For further details regarding the Transaction, including information on the Kingsway Project and a map thereof, and consideration to be exchanged for the Purchased Assets, please see New Found's news release dated April 22, 2024, accessible on New Found's website and under New Found's profile on SED...

Forge Resources is pleased to announce that subsequent to the April 18, 2024 news release announcing the new Company name, it has received confirmation of the new OTCQB ticker symbol "FRGGF" and will commence trading under the new ticker symbol at the open of trading on Monday April 22, 2024. About Forge Resources Corp. Forge Resources Corp. is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located 50 km south-east of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada. In addition, the Company holds a 40% interest in Aion Mining Corp., a company that is developing the fully permitted La Estrella co...

Panther Minerals is pleased to announce its intention to complete a non-brokered private placement of common shares in the capital of the Company priced at $0.20 per Share for a target amount of up to C$1,000,000. All Shares issued as part of this offering will be subject to a standard four-month hold period from the date of issue. The Company may close the offering in one or more tranches. Insider participation in the Private Placement is not anticipated at this time.

Highlights Canada Nickel acquiring an 80% interest in Mann Property Includes Mann Northwest, Central and Southeast properties that cover a combined 25 km strike length of nickel-bearing ultramafic rocks Northwest and Central will advance to resource delineation programs while Southeast will be drilled for the first time, all during the 2024 exploration program Canada Nickel Company Inc. is pleased to announce that it is exercising its option to acquire an 80% interest in the Mann Nickel Property from Noble Mineral Exploration Inc. as Canada Nickel consolidates its interests in bulk tonnage nickel projects east of Timmins, Ontario. The option terms include: Exploration expenditures of $1.7 million on the Property , Cash payment to Noble of $350,000 , Annual cash ...

Canterra Minerals Corp. is pleased to announce prospecting results from its Victoria Project, located in the central Newfoundland Mining District. The Victoria Project is located approximately 10 km southwest of the community of Millertown, approximately 8 km north of the Company's Bobby's Pond deposit, and approximately 25 km north of the Company's Lemarchant Project, which recently underwent a diamond drilling exploration campaign . Highlights: 18.65% Copper in massive sulphide grab sample from angular float 6.8% Copper in massive sulphide grab sample from outcrop Prospecting work demonstrates the high-grade copper-rich nature of the mineralization at the Victoria Project Victoria Project is located in the same geological setting as Canterra's resource-stage Bobby's Pond an...

VANCOUVER, BC, April 22, 2024 /CNW/ - The following issues have been halted by CIRO Company: Power Nickel Inc. TSX-Venture Symbol: PNPN All Issues: Yes Reason: Pending News Halt Time : 7:37 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 cannot provi...

SC2 Inc. is pleased to announce that 16,899,224 common shares of Sherritt International Corp. , representing 4.25% of the Sherritt public float, have already been tendered to the previously announced offer by SC2 to purchase up to 21,621,621 common shares of Sherritt, at a price of $0.37 per common share . Only 4,722,397 common shares remain available for purchase under the Offer, which expires on May 3, 2024. SC2 expects to take up and pay for all the common shares tendered to the Offer no later than May 7, 2024. If more than the maximum number of common shares for which the Offer is made are delivered in accordance with the Offer and not withdrawn at the time of take up of the common shares, the common shares to be purchased from each depositing shareholder will be determine...

New Found Gold Corp. is pleased to announce that it has entered into a property purchase agreement with Labrador Gold Corp. providing for the sale by LabGold to New Found of a 100% interest in LabGold's Kingsway Project , located in Gander, Newfoundland and Labrador, as well as certain related assets of LabGold . As consideration for the Purchased Assets, New Found will issue to LabGold such number of common shares in New Found equal to CDN$20,000,000 divided by the closing price of the Shares on the TSX Venture Exchange on the last trading day prior to the closing date of the Transaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240422537394/en/ Figure 1: Location of the Kingsway Project Greg Matheson, COO o...

AbraSilver Resource Corp. is pleased to announce that it has entered into subscription agreements in respect of a strategic C$20 million non-brokered private placement of AbraSilver common shares with Kinross Gold Corporation and an affiliate of Central Puerto SA at a subscription price of C$0.40 per Common Share . Highlights Each of Kinross and Central Puerto have entered into a subscription agreement with AbraSilver pursuant to which they will each invest C$10 million, resulting in aggregate gross proceeds of C$20 million to the Company. The Company will issue an aggregate of 50,000,000 Common Shares at a subscription price of C$0.40 per Common Share, representing approximately a 3% premium to the closing price of the Common Shares on April 19, 2024. Upon closing of the Pri...

Pasinex Resources Ltd. , announces today that the Company is anticipating a slight delay in filing its annual financial statements and accompanying management's discussion and analysis for the year ended December 31, 2023 , by the filing deadline on April 29, 2024 , as required by National Instrument 51-102 Continuous Disclosure Obligations. The reason for the anticipated delay is due to a regulatory required change in the component auditor located in Türkiye responsible for part of the Company's financial year 2023 audit. The new auditor has taken a longer time to complete the audit of the Company's joint venture caused partially by general delays in obtaining financial information on a timely basis from the Company's joint venture. Pasinex will continue working closely with...

Wesdome Gold Mines Ltd. today announces the resignation of Michael Michaud, Senior Vice President, Exploration and Resources. Mr. Michaud will be stepping down effective July 11, 2024, to pursue another opportunity within the precious metals sector. "I would like to thank Mike for his dedication and significant contributions to the Company over the last six and a half years. He has played a pivotal role in the delineation and expansion of the Kiena Deep discovery, and more recently the development and implementation of industry-leading best practices and processes," stated Anthea Bath, President and CEO. "On behalf of the Board and everyone at Wesdome, I would like to express our sincere gratitude to Mike for his leadership and commitment and wish him all the best in his futur...

Red Pine Exploration Inc. is pleased to announce that Michael Michaud will be joining Red Pine as its President & Chief Executive Officer and as a member of its board of directors . Mr. Michaud is a Professional Geologist with over 30 years of experience in domestic and international gold exploration and mining that includes a broad range of deposit types within North and South America, Africa, Asia and Europe. Michael was responsible for developing and implementing regional and mine-site exploration strategies to discover new deposits and to expand mineral resources and reserves around existing mines. Mr. Michaud has served as SVP, Exploration and Resources at Wesdome Gold Mines Ltd. since 2017 and, before that, served as Iamgold Corporation's Chief Geologist responsible for...

Labrador Gold Corp. is pleased to announce that it has entered into a property purchase agreement with New Found Gold Corp. , whereby NFG will acquire a 100% interest in the Kingsway Project, including all property and mining rights associated with the property, in exchange for $20,000,000 CAD payable and satisfied by the delivery to LabGold of such number of NFG Common Shares determined by dividing the Purchase Price by the closing price of the NFG Common Shares on the TSX Venture Exchange on the last trading day prior to the closing of the Transaction. The Consideration Shares will be subject to a resale restriction of four months and one day from the closing of the Transaction. "The LabGold team has worked hard over the last four years to generate and test ta...