Defiance Silver Corp. announces that it has closed on July 12th, 2024 the first tranche of a non-brokered private placement of units of the Company at a price of C$0.20 per Unit , for aggregate gross proceeds of C$2,613,900. Marketed Offering Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will be exercisable by the holder thereof to acquire one common share of the Company at a price of C$0.35 at any time on or before the date which is 24 months after the Closing Date. The net proceeds of the Offering will be used by the Company for exploration and general working capital purposes. Under applicable securities legislation and the policies of the TSX Venture Exchange, the securities issued in this Offeri...

Alamos Gold Inc. is pleased to announce the completion of the previously announced acquisition of all the issued and outstanding common shares of Argonaut Gold Inc. not already held by Alamos. A Final Order was granted by the Ontario Superior Court of Justice on July 5, 2024 approving the Plan of Arrangement pursuant to which the Transaction was implemented. Approval from the Federal Economic Competition Commission in Mexico was also obtained on July 11, 2024. As part of the Transaction, Alamos acquired Argonaut's Magino mine, located adjacent to Alamos' Island Gold mine in Ontario, Canada. Argonaut's assets in the United States and Mexico have been spun out as a newly created junior gold producer named Florida Canyon Gold Inc. . Under the terms of the Transactio...

Monumental Energy Corp. is pleased to announce that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, were approved by the requisite majority of votes cast at the annual general and special meeting of shareholders held on July 12, 2024 , including fixing the number of directors at six, electing each of Michelle DeCecco, Max Sali, Ryan Cheung, Kris Raffle, Wasim Rehman and Frank Jacobs as directors of the Company to hold office for the ensuing year and appointing Crowe MacKay LLP as the Company's auditors for the ensuing year and authorizing the board of directors to set their remuneration. The Company's shareholders also approved, ratified and affirmed a new rolling equity incentive plan . The Equity...

On March 12, 2024, Strategic Resources Inc. issued a news release announcing positive results from a study referred to as the "Pre-feasibility Class 5 level engineering study conducted by BBA" for its proposed 4,000,000 metric tonne per year merchant pelletizer plant . Strategic would like to clarify certain information disclosed in this previous news release in relation to the Study. The Project will be located on the Company's existing leased area at the Federal Port, where the Provincial and Federal Governments are currently building a C$111 million multi-user conveyor system which the Project would utilize. The Project will focus on direct reduction grade pellet feed that will be used in the green steel industry and will be the only greenfield development project of its k...

Plata Latina Minerals Corp. is pleased to announce the appointment of Ms. Letitia Wong as President and CEO, effective July 15, 2024. Ms. Wong will lead the Company through its strategic review process and will continue to serve on the Board of Directors. Mr. Clausen, formerly interim CEO, will remain with the Company as Executive Chair. Ms. Wong has been with Plata Latina since its inception, initially in management roles and most recently as a member of the Board of Directors and the Audit Committee. She brings 20 years of experience in strategy, corporate development, strategic transactions, capital markets, finance, and corporate governance within the mining industry. Most recently, she served as Chief Financial Officer at Copper Mountain Mining Corp. before...

Toronto, Canada, July 12, 2024. - TheNewswire BacTech Environmental Corp. , today announced that it has reached an agreement to vest a 10% stake in a "zero-waste" patent for treating pyrrhotite and pyrite tailings using bioleaching to an investor group for Cdn$100,000. As part of the ongoing MIRARCO piloting study, this will enable the technology to be further developed to full patent status along with preliminary process modeling work required for a conceptual design of a demonstration plant. As part of the larger MIRARCO study, BacTech has committed $100,000, which is sufficient to meet its obligations. A BacTech "zero-waste" preliminary patent, which is to be finalized by April of next year, aims to generate a portfolio of saleable products from re-treatment of tailings ne...

Alma Gold Inc. announces that it has closed the previously announced debt settlement agreements to settle outstanding debts owed to creditors totaling $154,537.90, which includes outstanding fees owed to directors and contractors working for Alma Gold . Pursuant to the Settlement Agreements, the Company has issued an aggregate of 1,545,379 Common shares at a deemed price of $0.10 per Common share. Securities issued pursuant to the Settlement Agreements have a statutory hold period which will expire on November 13, 2024 in accordance with applicable securities laws. MI 61-101 Disclosure The Debt Settlement transaction with directors of the Company constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Ho...

MONTRÉAL - Scandium Canada Ltd. announced on July 8, 2024, that it had closed its previously announced rights offering to the holders of common shares in the capital of the Corporation . The Rights Offering expired at 4:00 p.m. on July 5, 2024. The Corporation issued 30,769,231 units of the Corporation at a subscription price of $0.0325 per Unit for aggregate gross proceeds of $1,000,000. The net proceeds of the Rights Offering will be used to help fund the completion of its 500 kg metallurgical test, its baseline environmental studies at Crater Lake and for market development and administrative purposes. Each Unit consists of one Common Share and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share, at a price o...

TORONTO, July 12, 2024 /CNW/ - Trading resumes in: Company: Filo Corp TSX Symbol: FIL All Issues: No Resumption : 3:29:12 PM 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 provide any information about a specific halt beyond what is contained in this halt not...

TORONTO, July 12, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Filo Corp TSX Symbol: FIL All Issues: No Reason: Single-Stock Circuit Breaker Halt Time : 3:24:12 PM 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 provide any information ...

HIGHLIGHTS Sigma Lithium is honored to welcome Eugenio de Zagottis as its third independent director, elected at the AGSM with an overwhelming majority of 99%. Mr. Zagottis is a renowned businessman in Brazil who was instrumental in building Raia Drogasil healthcare from a small private company in 2008 into the largest Latin American drug retailer and one of the 15 largest in the world. The AGSM Elected the directors of the Company for the ensuing year, to hold office until the next annual meeting of shareholders. The current board composition diversifies the skillset of its members, supporting the Company as we double our business, as follows: Alex Rodrigues , Ana Cabral , Bechara Azar , Eugenio de Zagottis , Marcelo Paiva Mr. Zagottis appointment is consistent with the Company's objectiv...

Arizona Sonoran Copper Company Inc. , notes that its annual and special meeting of shareholders will be held at 10:30 am Eastern Time, on September 17, 2024. The Meeting will be held in person at 100 King Street West, Suite 3400, Toronto, Ontario, M5X 1A4. Shareholders are encouraged to attend in person as ASCU plans to host a short corporate presentation afterwards and senior executives of the Company are expected to be present in person at the Meeting. The Notice of Meeting is available under the ASCU SEDAR+ profile page, as well as on the Company's website. The management information circular providing details of the matters proposed to the raised and discussed at the Meeting will be available on ASCU SEDAR+ profile page in due course. For shareholders and interested parti...

First Phosphate Corp. Chief Geologist Gilles Laverdiere joined Steve Darling from Proactive to discuss the latest results from the company's Bégin-Lamarche project in Quebec. The company has completed a 25,929-meter drill program ahead of schedule in April, with all samples now shipped to the lab for analysis. A 43-101 resource estimate will soon be initiated, followed by a Preliminary Economic Assessment. Both studies are expected to be completed by the end of fiscal Q4 2024.
Laverdiere highlighted that significant phosphate layers were intersected in all but two holes continuously across the 3 km magnetic trend at Bégin-Lamarche. A total of 23 drill holes have been completed in the Phosphate Mountain Zone, with data from 20 drill holes showing grades over 10% P2O5, with wid...