Based on a cursory examination of official information, at least five jurisdictions are seen to have lithium projects in Canada: Québec, Ontario, Manitoba, Alberta, and Saskatchewan. Globally, Canada appears in eighth position in lithium resources and sixth place in lithium reserves. There is no doubt that the potential of lithium in Canada is great. However, it all indicates that we will still have to wait for a few years for its complete takeoff. In 2023, it ranked, together with Zimbabwe, in the sixth position in world lithium production. Nevertheless, this reflects an important improvement over the previous year when it only produced 520 metric tons of contained lithium. Policy and regulatory fra...

Velox Energy Materials Inc. is pleased to announce its project partner, the Hydrogen Storage Research Group at Curtin University has executed a binding funding agreement with the Australian Renewable Energy Agency on 15 March 2024 for grant funding of A$5,000,000 under the Transformative Research Accelerating Commercialisation Program for the Kotai Hydrogen Project . Highlights A$5 million awarded under a competitive process in the ARENA Transformative Research Accelerating Commercialisation grants program that funds the commercialisation of renewable hydrogen through innovative R&D in renewable hydrogen production, storage and distribution technologies. The total project funding is approximately A$16.5 million, with cash and in-kind funding contributions of A$7.15 millio...

Sky Gold Corp. announces amendments to the property option agreements for the acquisitions of 100% interest in each of the Horne property and the Laurie property, both which border the Eureka Gold Zone , located in the Dawson Road Lots, straddling the Trans-Canada highway, approximately 50 kilometres west of the City of Thunder Bay, in northwestern Ontario. In consideration of an aggregate total 2,300,000 common shares to be issued to the vendors, the cash obligations under the option agreements will be reduced by an aggregate total of $50,000 , and the overall exploration expenditures are confirmed at $500,000 with the annual amounts deferred for certain years, with portions of the 1st and 2nd year expenditure obligation deadlines deferred to the 3rd and 4th years. The remai...

Capella Minerals Ltd. announces that the Company and Polar Transition Metals AS have mutually agreed on a 90-day extension of the long-stop date in order to close the asset sale agreement previously announced on October 17, 2023 . The amended long-stop date to close the Agreement is now July 7, 2024. This extension paves the way for the ongoing Initial Public Offering of Polar on Euronext Growth in Oslo, Norway. Julien Balkany, Chairman of Polar Transition Minerals AS said: "We are pleased to be moving forward at full-speed with the IPO on Euronext Growth in Oslo and our objective is become the first publicly listed company in Norway exclusively focused on exploring, exploiting and supplying critical minerals essential for the energy transition. We are on track to complete th...

Oroco Resource Corp. announces that pursuant to the Company's Stock Option Plan and subject to approval by the TSX Venture Exchange, it has granted a total of 6,235,000 incentive stock options to 33 directors, officers, employees and consultants of the Company at an exercise price of $0.75 per share, with a term of 3 years. Of that total option grant, 3,075,000 incentive options have been granted to officers and directors of the Company. All options will vest in 4 installments with one-quarter vesting on the grant and thereafter upon each of the 3, 6, and 9-month anniversaries of the grant. The Company now has 13,685,000 incentive options outstanding, equating to 6 percent of the currently issued and outstanding shares of the Company, at an average exercise price of $1.42 per...

Benjamin Hill Mining wishes to offer clarification pursuant to the new release on April 9, 2024, updating the consideration to increase its interest in Aion Mining Corp to 40%. The LOI Extension Agreement, previously announced April 5, 2024, extends the exclusivity period between the Company and Aion in the LOI until April 15, 2024, and the transaction is expected to close within that time. About Benjamin Hill Mining Corp. Benjamin Hill Mining 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 of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canad...

Inca One Gold provides the following corporate update. On April 8, 2024, the Company received a notice of default from OCIM Precious Metals related to a missed gold loan payment, due pursuant to the Company's Gold Pre-Payment Facility with OCIM, that was previously announced on August 9, 2021. The Facility included an immediate US$6 million drawdown payable in 4,181 ounces in gold in equal, monthly gold payments of 261.3 ounces with access to an additional US$3 million after payment of 50% of the Facility. The missed payment consists of 75 ounces of gold valued at approximately US$170,000. Inca One continues to operate and serve its ASMs, partners, and shareholders and is actively working to address t...

Namibia Critical Metals Inc. is pleased to announce an updated NI 43-101 Mineral Resource Estimate for the large-scale "Lofdal 2B-4" heavy rare earth project. The Company conducted a two-stage infill drilling campaign for the subprojects Area 4 and Area 2B with the purpose of increasing the confidence of the resources for the planned open pits of Area 4 and Area 2B. The MSA Group provided an NI 43-101 Mineral Resource Estimate which includes the new data. Highlights of the mineral resource update include: Contained tonnages of Dysprosium and Terbium - the most valuable heavy rare earth elements - amount to 4,503 tonnes Dysprosium oxide and 693 tonnes Terbium oxide in the combined Measured and Indicated Resource categories which represents an increase of 11% and 12%, respectiv...

McFarlane Lake Mining Ltd. , a Canadian mineral exploration and development company, is pleased to provide an update on the recent exploration drilling progress made at the Company's High Lake property in Ontario, near the Ontario-Manitoba Border, 40 kilometers west of Kenora, Ontario. At High Lake Drilling in hole MLHL-23-50 and hole MLHL-24-53 have both intersected gold extending the gold mineralization from its NI-43-101 compliant gold resource area known as the Purdex Zone . High grade gold intersections from drilling last year, such as drill hole MLHL 22-06 which intersected 24.96 grams per tonne of gold over 14.9 meters and drill hole MLHL 22-17 which intersected 148.27 gram per tonne over 1.3 meters helped generate a very high compliant gold resource grade . This year ...

Rio2 Ltd. is pleased to announce that further to the news release dated April 8, 2024, it has entered into an amending agreement with Eight Capital, as agent, to upsize the previously announced private placement. Pursuant to the upsized offering, the Company will issue up to 59,030,000 common shares of the Company at a price of $0.39 per Share for gross proceeds to the Company of up to $23,021,700 . Alex Black, Executive Chairman, stated: "The Company received significant interest from key existing shareholders to participate in financing our Company at this stage of its development, far exceeding the $10 million maximum amount first announced. In my opinion, this strong ?show of support validates the robustness and quality of the Fenix Gold Project and the completion of the ...

Rackla Metals would like to thank the community of Ross River for hosting the Ross River Job Fair on April 4, 2024. The Job Fair was organized by the Ross River Dena Council, Dena Nezziddi Development, Tu Lidlini Petroleum and Yukon University and hosted in the Ross River School. It was attended by 28 companies, including six exploration companies, environmental consulting companies, geological consultants, service providers, heavy equipment and construction contractors, government organizations, and local Ross River businesses and services. The Job Fair was an opportunity for the companies to engage with the community, to network with other service suppliers, to showcase their projects and services, and demonstrate their commitmen...

Gladstone Capital Corporation announced today that its board of directors declared the following monthly cash distributions for April, May and June 2024 and also announced its plan to report earnings for its second fiscal quarter ended March 31, 2024. Cash Distributions: Common Stock: $0.165 per share of common stock for each of April, May and June 2024, payable per the table below. This amount reflects the doubling of the dividend as a result of the 1-for-2 reverse stock split announced last week. Record Date Payment Date Cash Distribution April 19 April 30 $0.165 May 17 May 31 $0.165 June 19 June 28 $0.165 Total for the Quarter: $0.495 The Company offers a dividend reinvestment plan to its common stockholders. For more information regarding the DRIP, please visit www.gladstonecapital.com...

Tier One Silver Inc. is pleased to announce that it is undertaking a private placement of up to 7,142,858 million units of the Company at an offering price of C$0.14 per Unit for gross proceeds to the Company of up to C$1,000,000 . Each offered Unit consists of one common share of the Company and one full common share purchase warrant of the Company . Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of C$0.25 at any time on or before the date which is 12 months after the closing date of the Offering . The Warrants are subject to an accelerated expiry if, anytime following the date that is four months after the Closing Date, the closing price of the Shares on the TSX Venture Exchange , or such other market as the Shares may tr...