VANCOUVER, BC, March 6, 2024 /CNW/ - The following issues have been halted by CIRO Company: Tombill Mines Ltd. TSX-Venture Symbol: TBLL All Issues: Yes Reason: Cease Trade Order Halt Time : 7:50 AM 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 ...

Atco Mining Inc. is pleased to announce an update on its current drill program on its Atlantic Uranium Project. The first drilling campaign on the Atlantic Project for Atco and its joint venture partner Standard Uranium Ltd. began less than a week ago with crews arriving on February 26th. Logistics are running smoothly on-site and drilling is nearing the target of the first frill hole. The campaign is expected run 2,000 to 3,000 metres across 4-6 drill holes. The current focus of drilling on the Project is one of several prominent exploration features that are drill-ready. Winter drilling will be focused on "Target A" which is defined by a 1,400-metre x 850-metre low-density anomaly at the unconformity coinciding with stacked EM conductors and an interpreted...

Dixie Gold Inc. announces that it intends to conduct a non-brokered private placement to raise capital, as further set by the parameters of its market-traded price. The Corporation intends to conduct a non-brokered common share unit financing consisting of up to 5,000,000 common share units to be issued at a price of $0.05 per Unit. Each Unit will consist of one common share of the Corporation and one common share purchase warrant that entitles the holder of a Warrant, upon further payment to the Corporation, to acquire one additional common share of the Corporation at an exercise price of $0.06 per Warrant Share on any date prior to the date which is 60 months following the closing date of the Financing or tranche thereunder. The Corporation intend...

Spark Energy Minerals Inc., with Tristar Energy Corp. pursuant to which it would acquire Tristar's option to acquire the Minas Gerais mining permits , located in the state of Minas Gerais, Brazil, in the area known as Brazil's Lithium Valley . Under the terms of the Purchase Agreement, the Company will purchase an option to acquire 100% of the Property by issuing 15,000,000 common shares units to Tristar at a deemed price of $0.15 per unit, each unit consisting of one common share and one common share purchase warrant entitling the holder to acquire one further common share for 2 years at a price of $0.15. The terms of the Option require Spark to make one $400,000 payment on or before May 26, 2024 . The Property comprises 23 mineral claims totaling 39,596.63 hectares of surfa...

Pacific Bay Minerals Ltd. , a mineral exploration company, is pleased to announce the staking of the Sphinx Mountain Rare Earth Elements Project, situated in Northern British Columbia, approximately 50km North East of Dease Lake. Previously owned by Pacific Bay, a 2011 work program designed to follow up on anomalously high British Columbia Geology Survey data involving stream sediment samples identified, confirmed and expanded with resulting concentrations as high as 1.19% TREE* and 0.83% TREE* in stream sediment samples. Additional samples in the area returned exceptionally high values over 3.5km away with limited to no cover/exploration in between samples. A future program this summer will aim to cover the area with mapping, prospecting and geophysics all to gain a comprehe...

ASX: MIOR Macarthur Minerals Ltd. , is pleased to advise that the rights to the Company's Renounceable Rights Issue announced on 28 February 2024 have commenced trading today under the ASX code MIOR. Under the Rights Issue timetable, rights trading will end on Friday, 15 March 2024. The Rights Issue is being offered to shareholders registered at the Record Date of 7 March 2024 with a registered address in Australia and New Zealand on the basis of one new share for every five shares held at an offer price of $0.10 per share together with one free attaching option for every two New Shares subscribed for and issued. The free attaching options will be exercisable at $0.25 each and have a term of 18 months from the date of their issue . The Company will apply for quotation of the ...

Greenridge Exploration is pleased to announce that it has engaged Dahrouge Geological Consulting to lead future exploration of the Company's Nut Lake Project. The Project covers approximately 4,036 ha and includes historical drilling which intersected up to 9ft of 0.69% U3O8 including 4.90% U3O8 over 1ft from 8ft depth1. Dahrouge is a North American mineral exploration, consulting, and project management group with offices in Edmonton and Montreal, Canada, and Denver, Colorado. Dahrouge provides professional geological, logistical and project management services to the world's mining and mineral resource industry including project generation, program design, geophysics, project evaluation, and geology and resource estimations.

Jody Dahrouge, President of Dahrouge, expressed, "I look forward to partnering with the Greenridge team on the exploration of the Nut Lake Project, where we hope to continue our record of discovery. The Dahrouge team generated a number of projects in Saskatchewan’s Athabasca Basin that led to significant uranium discoveries over the last 15+ years. Optimistically, the Nut Lake Project will provide an opportunity to replicate that success. Our team eagerly anticipates initiating exploration activities later this year.”

The Project is located approximately 55km north of the Angulak Uranium Deposit² or 180km southwest of Baker Lake, Nunavut in the Yathkyed Basin (a sub-basin of the prolific Thelon Basin) in Nunavut Territory, Canada. The Project consists of three contiguous mineral licences encompassing a total land area of approximately 4,036 hectares (~40km²). The Project hosts high-grade vein-hosted grab samples of up to 4.36% U3O8, 53.16 oz/t Ag, 1.15% Pb and 7.0% Ni¹.

Russell Starr, CEO of Greenridge, remarked, “I am confident that Dahrouge will be instrumental in maximizing the potential of the Nut Lake Project. The Dahrouge team's extensive experience in uranium exploration is expected to be of great value as we look to advance the Project.”

Appointment of Advisor

The Company is pleased to announce the appointment of Mark Selby as an Advisor to the Company, effective immediately.

Mr. Selby is currently CEO of Canada Nickel Company and was formerly President & CEO of Karora Resources Inc. where he led a team that successfully raised over $100 million and advanced the Dumont nickel-cobalt project in Quebec, from an initial resource to a fully permitted, construction-ready project.

Mark Selby commented, “I am excited to join the team at Greenridge Exploration, as the Company represents a unique opportunity in the growing uranium space. With the global demand for uranium, Greenridge is ideally positioned to advance through the next stages of development of its projects, building towards securing a significant link in a critical supply chain for the western world.”

Mr. Selby has held several senior management positions including companies such as Quadra Mining Ltd., Inco Limited, and Purolator Courier, and he was also a partner at Mercer Management Consulting. Since 2001, he has been recognized as one of the leading authorities on the nickel market. He graduated from Queen's University with a Bachelor of Commerce (Honours) and has also served on the boards of multiple junior mining companies.

“On behalf of myself and the board of directors, we welcome Mr. Selby to our team,” said Chief Executive Officer, Russell Starr. “With over two decades of global mining experience and 20 years of board experience, Mr. Selby brings us a deep understanding of capital markets and mining knowledge and will undoubtedly deliver value as our Nut Lake and Weyman Projects are advanced”.

Options Issuance

The Company also announces that it has granted an aggregate of 1,800,000 incentive stock options (“Options”) under the Company’s stock option plan, each with an exercise price of CDN$0.63, to officers, directors and consultants of the Company. Each option, upon payment of the exercise price, entitles the holder thereof to receive one Share of the Company. The Options, and any Shares issued upon the exercise of, will be subject to a hold period of four months in accordance with the policies of the Canadian Securities Exchange.

References
1Source: 1978 Assessment report (number 81075) by Pan Ocean Oil Ltd.
2 Source: Reported by ValOre Metals Corp. in a Technical Report entitled “Technical Report and Resource Update For The Angilak Property, Kivalliq Region, Nunavut, Canada”, prepared by Michael Dufresne, M.Sc., P.Geo. of APEX Geosciences, Robert Sim, B.Sc., P.Geo. of SIM Geological Inc. and Bruce Davis, Ph.D., FAusIMM of BD Resource Consulting Inc., dated March 1, 2013. Note: The historical mineral resource estimate was calculated in accordance with NI 43-101 and CIM standards at the time of publication and predates the current CIM Definition Standards for Mineral Resources and Mineral Reserves (May, 2014) and CIM Estimation of Mineral Resources & Mineral Reserves Best Practices Guidelines (November, 2019).

About Greenridge Exploration Inc.
Greenridge Exploration Inc. (CSE: GXP | FRA: HW3) is a mineral exploration company dedicated to creating shareholder value through the acquisition, exploration, and development of critical mineral projects in North America. The Company’s Nut Lake Uranium Project located in the Thelon Basin includes historical drilling which intersected up to 9ft of 0.69% U3O8 including 4.90% U3O8 over 1ft from 8ft depth. Additionally, the Company’s Weyman Copper Project in southeast British Columbia sits on the south portion of the famous Quesnel Terrance. The Company is led by an experienced management team and board of directors with significant expertise in capital raising and advancing mining projects.

On Behalf of the Board of Directors
Russell Starr
Chief Executive Officer, Director
Telephone: +1 (778) 897-3388
Email: info@greenridge-exploration.com

Disclaimer for Forward-Looking Information

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the project acquisition bringing a low-risk opportunity, the Company, building a strong battery metals portfolio with low-risk opportunities that positively impact the Company and its shareholders and the Company providing an initial work plan are "forward-looking statements". Forward-looking statements in this news release include, but are not limited to, statements with respect to the Project and its mineralization potential; the Company’s objectives, goals, or future plans with respect to the Project; statements with respect to the provision of the services by Dahrouge; the Company's anticipated exploration program at the Project; expected benefits of appointing Mark Selby as an advisor to the Company. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether because of new information, future events or otherwise, unless so required by applicable securities laws.

The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.

Represents a reduction of nearly 2% of the company's outstanding share count Increases total net reduction in share count to 6.4 million shares, or 26% of shares outstanding, since May 2017 Arch Resources Inc. today announced that it had retired 315,721 of its outstanding shares via the unwinding of capped calls associated with its now-retired convertible senior notes. With the completion of the cashless transaction, Arch's diluted share count declined from 18.9 million shares to 18.6 million shares outstanding. "With the completion of these transactions, Arch has taken another significant step in the reduction in our share count, having now retired more than a quarter of our initial outstanding shares," said Matthew C. Giljum, Arch's chief financial officer. "When combined wi...

Foraco International announced the termination of the Investor Rights Agreement dated July 7, 2021 among the Company, Oaktree Capital Management, Kartesia Securities IV S.A , Jean-Pierre Charmensat, Daniel Simoncini, and the holding companies of Daniel Simoncini and Jean-Pierre Charmensat. Following the disposition by Oaktree and Kartesia of their ordinary shares of the Company respectively on January 16, 2024 and March 5, 2024, the Investor Rights Agreement was automatically terminated in accordance with its terms. In connection with the termination of the Investor Rights Agreement, Diercxsens Investments & Advisory BV, represented by Jean...

< - Grid Battery Metals Inc. is pleased to announce that the NI 43-101 Technical Report for Grid's Clayton Valley Lithium Project, dated March 4, 2024, prepared by Mr. Steven McMillin P.G. of Rangefront Geological, has been filed on SEDAR+ and can be viewed on the Company's website at Clayton Valley Technical Report. At the Clayton Valley Lithium Project, the Company contracted the services of Rangefront to perform an updated and revised NI 43-101 Technical Report. To complete the Technical Report, the Company used the results of prior soil samples, geophysical surveys, and drilling on the property, to help identify structure and target areas favorable to lithium accumulation and determine next steps for its overall exploration plan. The recommended 2024 exploration plan incl...

Prospector Metals Corp. is pleased to provide an update on the 2024 exploration plans for the ML Project encompassing 4757 hectares within the prolific Tombstone Gold Belt, located approximately 80 km from Dawson City, Yukon Territory, and 25 km northeast of the former Brewery Creek Gold Mine. The ML Project geology is extensively metal endowed with numerous instances of high-grade gold, silver and copper in drill holes, trenches and surface rock samples . Previous ML Intercepts Prospector's ML Property has been periodically explored since at least the 1970s, and although it has not been explored systematically in the past, previous operators have collectively contributed to a critical mass of exploration data that Prospector has assembled and will leverage to enhance existin...

NexGen Energy Ltd. is pleased to announce the Company will host its year-end and fourth quarter conference call on Monday, March 11, 2024, at 8:30 am Eastern Standard Time. During the call, NexGen's President and Chief Executive Officer, Leigh Curyer, Chief Commercial Officer, Travis McPherson, and Chief Financial Officer, Benjamin Salter will provide an update on the Company's 100% owned Rook I Project , Federal permitting and licensing, project development, financing, regional exploration, and current uranium market dynamics. Call details are as follows: Date: Monday, March 11, 2024 Time: 8:30 am Eastern Standard Time RapidConnect URL: https://emportal.ink/49L0VLV North America Toll Free: 1-888-664-6392 Prior to the call, the Company will file its year-end and fourth-quarte...

Aero Energy is pleased to announce that, further to its press release dated February 13, 2024, due to strong demand, the Company has upsized its previously announced private placement of units to $5,900,000 from $5,000,000. The Company closed the first tranche of the Offering for gross proceeds of $4,537,170 on March 5, 2024. In connection with the completion of the first tranche of the Offering, the Company issued (i) 12,418,468 non-flow-through units of the Company at a price of $0.15 per NFT Unit; (ii) 8,425,144 flow-through units of the Company at a price of $0.175 per FT Unit; and (iii) 5,274,724 flow-through charity units