Cleveland-Cliffs Inc. announced today the commencement of a tender offer to purchase , subject to certain terms and conditions, any and all of its outstanding 6.750% Senior Secured Notes due 2026 , at the price set forth below. The Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on March 13, 2024 , unless extended or earlier terminated by the Company. The Tender Offer is being made pursuant to an Offer to Purchase and related Notice of Guaranteed Delivery, each dated March 4, 2024 , which set forth a more detailed description of the terms and conditions of the Tender Offer. Holders of the Notes are urged to carefully read the Tender Offer Materials before making any decision with respect to the Tender Offer. The following table sets forth certain terms of...

Northern Graphite is pleased to announce a rebrand to reflect its unique position as North America's only graphite producer and its strategy to evolve into a vertically integrated mine-to-market-to-battery company. The Company's new brand comes with the recent launch of its dedicated Battery Minerals Group to redefine carbon material solutions for industrial markets and meet the growing needs of Western markets for battery anode material. "Our new brand reflects the ambitious journey we began nearly two years ago to redefine Northern from a graphite producer to a fully integrated, mine-to-market-to-battery company," said Chief Executive Officer Hugues Jacquemin. "We have turned the page. Our role today extends well beyond mining and extraction. We are a technology compa...

Cleveland-Cliffs Inc. announced today that it intends to offer to sell, subject to market and other conditions, $750 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 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 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 Company's outstanding 6.750% Senior Secured Notes due 2026 . This news release does not constitute a notice of redemption with respect to the Secured Notes or...

Founders Metals Inc. announces that select intervals of Froyo Gold Zone drill core from its 2023 drilling program will be on display at this year's PDAC Core Shack on Tuesday, March 5, and Wednesday, March 6, at booth number 3108B. Additionally, Founders announces intercepting a vein of gold in its most recent drilling stepping northwest along the Froyo Gold Zone. Figure 1: Photos of gold vein in hole 24GG04 drill core from latest drilling northwest along the Froyo Gold Trend. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7574/200301_founders1en.jpg The gold vein occurs within a broad zone of intense shearing, quartz/quartz-carbonate veining, and sulphide content of up to ~25%. Assays for the hole are pending and results are ...

Harvest Gold is pleased to announce that the TSX Venture Exchange has now approved the Option Agreement with EGR Exploration Ltd. to acquire 100% of the Urban Barry Property in the Ralleau and Wilson townships in the Eeyou Istchee James Bay/Abitibi region. The Urban Barry property straddles the southern margin of the under-explored Urban Barry Greenstone Belt which is host to Osisko/Gold Fields' Windfall deposit which, today, holds nearly 4 million ounces of gold* . Rick Mark, President and CEO of Harvest Gold states: "We are pleased to announce the Exchange approval of our second option agreement to own 100% of a substantial gold property in the Abitibi region of Quebec. As shown in Fig...

Dixie Gold Inc. reports legal event related to its previously announced transaction with ASX-listed Omnia Metals Group Ltd. under which Omnia made binding terms to acquire 100 per cent of the issued and outstanding common shares of the Corporation under written executed agreement dated October 24, 2023, and see the corresponding news release disclosures filed by the Corporation therewith . Filing of Statement of Claim The Corporation reports that it has filed a Statement of Claim against Omnia , as generally, without limitation, relates to the Agreement and the Takeover Transaction. The Claim was filed after market-close on March 1, 2024 at the Supreme Court of British Columbia , Court File No. VLC-S-S-241442. As more particularly set out, without ...

Elemental Altus Royalties Corp. reports preliminary annual revenue and preliminary adjusted revenue of approximately US$11.7 million and US$17.8 million respectively, 70% higher than 2022, and is the sixth successive year of record revenue for the Company. Preliminary adjusted revenue is above the Company's guidance set for 2023. 2023 Highlights Record preliminary adjusted 2023 revenue of US$17.8 million comprised of: US$11.7 million attributable royalty revenue; and US$6.1 million attributable revenue1 from the Caserones copper mine Record preliminary adjusted Q4 revenue of US$5.6 million comprised of: US$3.9 million attributable royalty revenue; and US$1.7 million attributable revenue1 from the Caserones copper mine Acquired two further existing royalties on the Caserones c...

Lion One Metals Ltd. is pleased to provide an update on ongoing operations at the company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Highlights: Mechanized mining commencing on Zone 2 stopes in the URW1 stockwork vein system. Airleg mining commencing on Zone 5 stopes at the UR2 and URW3 lode systems. Limited mechanized mining in Zone 5 scheduled to commence in April. Stope mining at Tuvatu scheduled to increase throughout March and April. Continuous gravity concentrator is commissioned and in operation. Intensive leach reactor is commissioned and in operation. First long hole drill is in operation conducting sludge hole drilling. Second long hole drill is on site undergoing commissioning. Tuvatu Operations Update The Tuvatu project is currently in the pilot plant stag...

Nine Mile Metals Ltd. is pleased to announce it has drilled a mineralized zone covering 134.0m in WD-24-02 at its initial Phase 1 drill program on its Wedge VMS Project in the world-famous Bathurst Mining Camp, New Brunswick . WD-24-02 HIGHLIGHTS: The hole was collared on the northeast flank of the Wedge Deposit and drilled at an azimuth of 160 degrees and a dip of - 50 degrees to a depth of 219 meters. From recently acquired Cominco Data, the subsurface was not mined. The main host is pyritic Volcanogenic Massive Sulphide with visible chalcopyrite. Copper mineralization first appears at 39.6 meters and continued down the hole with numerous secondary zones of VMS mineralization identified. High grade zinc was intersected in addition to copper. Nine Mile completed an XRF Analy...

A.I.S. Resources Ltd. is pleased to announce that the Company has reached an agreement with American Salars Lithium Inc., on an option agreement on the Candela II Lithium Brine Project located in the Incahuasi Salar, Salta Province, Argentina . The Candela II Lithium Brine Project contains a NI 43-101 inferred mineral resource estimate of 86,000 tonnes of lithium metal, equating to 457,000 tonnes of in-situ lithium carbonate equivalent. Current lithium carbonate spot prices are in excess of CAD $22,000/tonne. American Salars may exercise the Option, over a 5-year period, to earn a 100% ownership interest in Spey Resources Argentina S.A., by making cash payments totalling CAD $2,447,500 and issuing 6,600,000 shares at a deemed price of $0.30 per share. AIS holds a 20% equity i...

Vortex Energy Corp. is pleased to announce that it intends to complete a non-brokered charity flow through private placement of 2,441,178 common shares of the Company at a price of $0.34 per CS for aggregate gross proceeds of approximately $830,000.52 . The CS issued under the FT Offering are intended to qualify as "flow through shares" within the meaning of the Income Tax Act . The gross proceeds of the FT Offering will be used by the Company to incur eligible "Canadian exploration expenses" that are intended to qualify as "flow-through mining expenditures," as such terms are defined in the Tax Act related to the Company's Robinsons River Salt Project. Subject to compliance with the policies of the Canadian Securities Exchange and applicable securities legislation, the Compa...

Pan American Energy Corp. is pleased to announce it has partnered with the University of Nevada, Reno for comprehensive metallurgical testing on sedimentary and hard rock samples provided by the Company. The Company will provide lithium bearing core samples to the Sustainable Mining Laboratory at UNR from the Big Mack Lithium Project , located approximately 80 km north of the town of Kenora, Ontario, and the Horizon Lithium Project , located in the Big Smoky Valley, Esmeralda County, Nevada. The Company expects to use the findings generated from the comprehensive metallurgical testing completed by UNR in the development of the previously announced Preliminary Economic Assessment for the Horizon Project, and further expects that the findings may be utilized in the future by th...

Spey Resources is pleased to announce that it has signed an option agreement with American Salars Lithium, whereby the Company has granted American Salars the option to acquire the Company's 80% interest in the Candela II Lithium Brine Project. Under the terms of the Agreement made between the Company, Amercian Salars and A.I.S. Resources, the Company and AIS shall sell their proportion of shares held in Spey Resources Argentina SA , which holds a 100% interest in and to the Property. In consideration of the Company optioning its 80% interest in the Subsidiary to American Salars, the Company will receive cash payments totaling CAD$1,958,000 and 5,268,000 common shares in the capital of ...