SPOD Lithium Corp. is pleased to announce that the board of directors has appointed Mr. Mathieu Couillard as the Company's new President & Chief Executive Officer and member of the board of directors. Mr. Couillard brings a strong background in capital markets and business strategy to his role at Spod Lithium. He is an experienced Board Member and financial consultant with expertise in advising management and board of directors on capital market matters. During his career, Mr. Couillard served as Managing Director of investment banking at Haywood Securities in Toronto, leading the Special Situations team from 2016 to 2022. Mr. Couillard is an experienced investment banker with extensive expertise in capital markets. He participated in over $1 Billion in capital ...

Adyton Resources announces it has revised the pricing of its non-brokered private placement offering previously announced in its press release of March 27, 2024. The Financing will now consist of up to 50,000,000 common shares at a price of C$0.03 per Share for aggregate gross proceeds of up to C$1,500,000. The Company intends to use the net proceeds of the Financing for general corporate purposes, exploration activities, and tenement holding costs. Any specific use representing 10% or more of the gross proceeds of the Financing will be detailed on closing of the Financing, however, it is expected the majority of the proceeds will be used for general corporate purposes. None of the proceeds from the Financing will be used ...

Canada One Mining is pleased to announce a non-brokered private placement consisting of up to 50,000,000 units of the Company, at a price of $0.015 per Unit. Each Unit will consist of one common share in the capital of the Company and one whole Common Share purchase warrant. Each Warrant will be exercisable into one Common Share at a price of $0.05 per Warrant Share for a period of three years after the closing date of the Private Placement . If, at any time following the date that is four-months-and-one-day following the Closing Date, the Common Shares have a closing price on the TSXV Venture Exchange of $0.08 or greater per Common Share for a period of five consecutive trading days, the Company shall have the right to accelerate the expiry date of the Warrants that...

Steppe Gold Chief Financial Officer Jeremy South joined Steve Darling from Proactive to unveil a significant development in the company's growth trajectory. Steppe Gold has initiated a transformative share exchange agreement aimed at acquiring all of the issued and outstanding common shares of Boroo Gold, a strategic move poised to establish Steppe Gold as Mongolia's premier gold producer.
In tandem with this acquisition, Steppe Gold has also finalized separate definitive share purchase agreements, paving the way for the sale of the Tres Cruces Oxide Project to Boroo Singapore for approximately 12 million Canadian dollars, to be disbursed over the course of the next 18 months.
South emphasized that this strategic maneuver not only acc...

TNR Gold Corp. executive chairman Kirill Klip discusses the company's strategic moves and upcoming projects with Proactive's Stephen Gunnion.
Klip highlighted the purchase of over 6 million shares under its normal course issuer bid program, underscoring the management's belief that the current share price does not reflect the true value of the company's assets. He referenced a report from Fundamental Research Corp., which set a price target of 22 cents per share.
Additionally, Klip noted significant progress in TNR Gold Corp.'s projects, including the Shotgun Gold Project in Alaska, which benefits from rising gold prices and promising drill results. The project's inferred gold reserves stand at over 700,000 ounces, with potential for resource expansion through f...

US Gold Corp. founder Edward Karr discusses the current gold market and company prospects with Proactive's Stephen Gunnion. Karr highlighted the gold price reaching new all-time highs at approximately $2,400 per ounce, which he sees as a positive trend for the industry, particularly beneficial for junior mining companies.
Despite recent fluctuations, the industry remains highly profitable at these levels. Karr shared insights from the European Gold Forum in Zurich, noting a decrease in investor attendance compared to previous years, which he interprets as indicative of a "stealth bull market."
Karr expressed optimism for future gold prices, emphasizing strong fundamentals despite potential headwinds from high interest rates and a robust US dollar. He believes that gold's resil...

Element 29 Resources Inc. is pleased to announce that, subject to regulatory approval, it has retained the services of Stellium Service Ltd. to provide investor communications and outreach programs in the European and Australasian regions for £3,000 per month for an initial 12-month term effective immediately. Stellium is at arm's length to Element 29, has no relationship with the Company except under this contract and no current ownership interest in the Company. About Stellium Service Ltd. Stellium is a strategic communications and corporate development firm based in London, UK and its principal is Andrew Wilson. Further information on Stellium can be found on their website www.stelliumservices.com About Element 29 Resources Inc. Element 29 is an emerging copper exploration...

Power Nickel is pleased to announce assay results for hole PN-24-044. Highlights: 0.60 m of 24.3 g gold, 5.7 g silver, 5.29% copper, 3.26 g palladium, 0.29g platinum , and 3.31% nickel including: 2.4 m of 0.60 g Au, 103.62 g Ag, 12.12% Cu, 13.27 g PD, 2.52g Pt and 0.22% Ni 6.55 m of 2.59 g Au, 40.27 g Ag, 5.33% Cu, 6.35 g PD, 1.5g Pt and 0.43% Ni 15.75 m of 1.6 g Au, 25.34 g Ag, 2.52% Cu, 2.73 g PD, 0.65g Pt and 0.19% Ni "Why is this hole important for our shareholders? If you were to ask a miner what a perfect mine is the answer would be a substantial high...

Globex Mining Enterprises Inc. is pleased to inform shareholders that it has acquired and then sold another sodium sulphate Alkali Disposition in Saskatchewan to Edison Lithium Corp. . Globex has received $200,000 in cash, and will receive $50,000 in Edison stock based on the five-day volume weighted average closing price on the TSX Venture Exchange and a 2% Gross Revenue Royalty from commercial production. The Whiteshore property is the fifth Alkali Disposition sold to Edison in Saskatchewan, the others being the Ceylon Lake, Freefight Lake and the North and South areas of Capri Lake. Sodium is an important ingredient in sodium-ion battery formulations. Shareholders wishing information on sodium-ion batteries are directed to the website, www.sodiumbatteryhub.com. This press r...

Key Highlights Independent Updated Mineral Resource Estimate completed in accordance with JORC 2012 Edition guidelines defined across Boomerang Nickel-Cobalt Sulphide System at 0.265% NiEq1 Cut-Off Grade: Indicated Mineral Resource of 231 Mt at 0.27% Ni, 0.011% Co , a significant 44% increase in Indicated tonnes compared to the February 2023 maiden Indicated resource. All indicated resources are at Bardwell containing 629 kt nickel and 25 kt cobalt. Inferred Mineral Resource of 1,039 Mt at 0.27% Ni, 0.011% Co , a 17% increase in Inferred tonnes compared to the February 2023 maiden Inferred resource. Inferred resources contain 2.8 Mt nickel and 110 kt cobalt, in both the B2 and Bardwell deposits. All material in B2 is now classified as Inferred. An increase in the Global Mineral Resource Es...

Revival Gold Inc. is pleased to announce pricing of its previously announced $7,000,000 brokered private placement . The Offering is proposed to be completed concurrently with the acquisition by the Company of all the issued and outstanding shares of Ensign Minerals Inc. pursuant to a three-cornered amalgamation between the Company, Ensign, and Revival Gold Amalgamation Corp. . Please see the Company's press release dated April 10, 2024, for further information on the Transaction. The Company has entered into an agreement with Paradigm Capital Inc. and BMO Capital Markets, to act as lead agents and joint bookrunners, on behalf of a syndicate of agents, which includes Beacon Securities Limited for the sale of up to 21,875,000 subscription receipts of Revival Subc...

Abitibi Metals is pleased to announce that due to continued positive visuals, the Company has expanded its maiden drill program at the B26 Polymetallic Deposit to approximately 13,500 m. On Nov 16th, 2023, the Company entered into an option agreement on the B26 Polymetallic Deposit to earn 80% over 7 years from SOQUEM, a subsidiary of Investissement Québec. The increase in the drill program follows the addition of a third rig and the Company's recent release of some of the highest-grade intercepts in the Project's history, including 11.4% CuEq over 10.6 metres beginning at 135 metres depth in Drillhole 1274-24-294 and 6.3% CuEq over 10.6 metres beginning at 120 metres depth in Drillhole 1274-24-293 . The Company anticipates completing the drill p...

In a press release dated April 4, 2024, West Red Lake Gold Mines announced that it has closed a second and final tranche of its private placement of gold linked notes, bringing the total value of notes issued to US$27,165,631, equivalent to about $37 million CAD. "Gold-linked Notes are a type of equity-based structured note," states DBS Treasures, "Similar to Equity Linked Notes, except the underlying [asset] is gold, rather than stocks." Each Offering Unit contains notes worth USD $1,000 and 710 warrants. Each warrant entitles the holder to purchase one share of WRLG at C$0.95 until March 19, 2029. "The Notes represent unsecured obligations of the Company, bear a 12% per annum coupon, calculated and payable quarterly in arrears, and wi...