Xanadu Mines Ltd. is pleased to announce that the placement of 15,185,328 fully paid ordinary shares to Jinping Mining Pte Ltd, a wholly owned indirect subsidiary of Zijin Mining Group Co. Ltd. , at an issue price of A$0.055 per share, completed today. Details of the proposed placement to Zijin were announced to ASX on 20 November 2023 and 8 December 2023. Completion follows the satisfaction of all Conditions Precedent under the Share Subscription Agreement with Zijin, including shareholder approval on 6 February 2024, and approval by the Foreign Investment Review Board last week. The Company has relied upon the exemption in section 602.1 of the TSX Company Manual in respect of the placement as an Eligible Interlisted Issuer. For further information, please contac...

Proposed Transaction with Amarillo Mineração do Brasil Ltda. to strengthen balance sheet and address lack of liquidity in the junior mining sector Company well-positioned to drive future growth via its operating Minera Don Nicolas gold mine in Argentina and its Mont Sorcier development project in Quebec Cerrado Gold Inc. announces that it has entered into an option agreement with Amarillo Mineração do Brasil Ltda. a wholly-owned subsidiary of Hochschild Mining plc, whereby Cerrado has granted to Amarillo the option to purchase a 100% interest in the Company's Monte Do Carmo project located in the State of Tocantins, Brazil , for total consideration of US$60 million , subject to the fulfilment of certain conditions. The Purchase Price wo...

GR Silver Mining Ltd. -announces that it has advanced negotiations and entered into commercial agreements with private local operators in the Rosario Mining District, in Sinaloa, Mexico, to explore opportunities related to the following aspects of the Plomosas Project: Advance mine preparation to extract bulk sample material to collect information for future use in engineering reports and metallurgical testing of Ag-Au rich Pb concentrates. Use existing permits and infrastructure to allow the Company to access mineralized material through small test bulk sampling operations, up to 4,500 tonnes per month for metallurgical sampling from historical mine sites, San Juan and La Colorada. Use existing and available third-party privately-owned mill operations located near the histor...

Dolly Varden Silver Corp. is pleased to announce that it has entered into an agreement with Research Capital Corporation, as the sole bookrunner and co-lead underwriter, and together with Haywood Securities Inc. as co-lead underwriters, on behalf of a syndicate of underwriters, including Raymond James Ltd. , pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 14,285,700 flow-through shares of the Company to be sold to charitable purchasers that will qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act at a price of $1.05 per Charity FT Share, for aggregate gross proceeds to the Company of $14,999,985 . Mr. Eric Sprott, through 2176423 Ontario Ltd., has indicated his intention to participate in the transacti...

Newmont Corp. and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont announced today that they have priced a private offering of $1 billion aggregate principal amount of 5.300% notes due 2026 and $1 billion aggregate principal amount of 5.350% notes due 2034 . The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont. Subject to customary closing conditions, the Offering is expected to close on March 7, 2024. The Issuers intend to use a portion of the net proceeds from the Offering to repay all outstanding borrowings under the Company's revolving credit facility, with the remaining proceeds for general corporate purposes. The Company previously used borrowings under its revolving credit facility, along...

Further to Cobalt Blue Holdings Ltd.'s announcement on 27 February 2024, please see the attached* investor webinar presentation. Details of the webinar are set out below. COB Management will provide an update on the evolving partnership with Iwatani, the Strategic Review of the Broken Hill Cobalt Project, progress in the Cobalt-Nickel Refinery Development Program and discuss the current state of the cobalt market. TOPIC: Broken Hill Cobalt Project and Cobalt-Nickel Refinery Update When: 5 March 2024 Time: 10.30 am AEDT Format: Presentation update followed by Q&A Duration: 30 minutes Please register in advance for this free webinar: https://www.abnnewswire.net/lnk/014OM6O7 After registering, you will receive a confirmation email containing information about joining the web...

Rare Element Resources Ltd. is pleased to announce that it has completed a new mineral resource estimate based on maximizing the recovery of the key magnet materials of neodymium , praseodymium , terbium and dysprosium , as well as other critical rare earths such as lanthanum . The estimate is focused on the Bull Hill deposit at the Bear Lodge Project, located in northeastern Wyoming, with long-term upside existing in the Carbon, Whitetail, and Taylor deposits located within the Company's mineral claims. The mineral resource was estimated using data from 252 core holes drilled between 2009 and 2013, including 20,491 assay intervals that totaled 186,712.5 feet of drilling from the Company's drill hole database. The full database includes approximately 500 drill holes, totaling ...

Ultra Lithium Inc. announces that effective February 29, 2024 it has been granted a voluntary management cease trade order in accordance with National Policy 12-203 due to it not being able to file its annual financial statements and management's discussion and analysis for the year ended October 31, 2023 on SEDAR within 120 days of its financial year-end. The management cease trade order has been granted by the Company's principal regulator, the British Columbia Securities Commission. The Company was not able to complete the year-end audit within the time periods required by National Instrument 51-102 due to the delay in commencing the audit owning to insufficient funds. The Company expects to obtain a loan financing in one week and commence the audit by mid-March. As a resu...

Cleveland-Cliffs Inc. announced today that it has upsized and priced $825 million aggregate principal amount of senior unsecured guaranteed notes due 2032 in an offering that is exempt from the registration requirements of the Securities Act of 1933 . The Notes will bear interest at an annual rate of 7.000% and will be issued at par. The Notes will be guaranteed on a senior unsecured basis by the Company's material direct and indirect wholly-owned domestic subsidiaries, other than certain excluded subsidiaries. The offering is expected to close on March 18, 2024, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the Notes, along with liquidity on hand, to repurchase in a tender offer or otherwise redeem all of the Com...

SLAM Exploration Ltd. announces that CEO Mike Taylor is doing a presentation at The Atlantic Edge Investors Program at PDAC at 3:00 PM Tuesday, March 5 about SLAM's Mine Road zinc copper silver acquisition reported in a news release September 6, 2023. The Mine Road project is host to 6 volcanic massive sulphide occurrences spread over a 9.555 hectare group of mineral claims adjacent to the former producing Heath Steele mine in the mineral-rich Bathurst Mining Camp of northern New Brunswick. For more information on the Atlantic Edge Program, click the Atlantic Edge Investors Program. Historic Mine Road Drilling: Diamond drill hole IL2014-003 cored a 9 metre interval grading 14.51% zinc, 5.86% lead, 0.67% copper and 139.9 g/t silver on the Railroad zone. Diamond drill hole IL201...

Pacific Ridge Exploration Ltd. is pleased to announce that due to strong investor demand, the previously announced financing has been increased from $1,350,500 to $1,650,500 to fund continued exploration at the Company's 100% owned Kliyul copper-gold project located in the prolific Quesnel Terrane in northcentral B.C. . Figure 1 Location of Kliyul To view an enhanced version of Figure 1, please visit: https://images.newsfilecorp.com/files/5460/200355_4d89e4e534583ad8_001full.jpg Financing Pacific Ridge plans to issue up to 13,131,250 units at a price of $0.08 per Unit and 6,310,540 flow-through units at a price of $0.095 per FT Unit in a non-brokered private placement for gross proceeds of up to $1,650,500 . Each Unit will be comprised of one common share of the Company and on...

VANCOUVER, BC, March 4, 2024 /CNW/ - Trading resumes in: Company: Commander Resources Ltd. TSX-Venture Symbol: CMD All Issues: Yes Resumption : 1:30 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 be...

Commander Resources Ltd. has received notice from FruchtExpress Grabher GmbH & Co KG , announcing its intention to commence an all-cash offer to acquire all issued and outstanding shares of Commander for $0.09 per share . Commander shareholders are advised to take no action in respect of the proposed offer until Commander's board of directors have made a formal recommendation to shareholders. Commander cautions its shareholders and potential investors that there can be no certainty that the offer will be supported by the board. The board is reviewing the offer and will make its formal recommendation in response to the offer as required by applicable securities laws. Consistent with its responsibilities and duties, the board will evaluate the offer and Commander's options, inclu...