Darlene Gates to become President & CEO with departure of Derek Evans MEG Energy Corp. today announced that Derek Evans will be stepping down from his role as President and Chief Executive Officer and from its Board of Directors effective May 1, 2024. Concurrent with this announcement, the Board of Directors is pleased to announce the appointment of Darlene Gates, the Corporation's current Chief Operating Officer, to succeed Mr. Evans as President and Chief Executive Officer. Ms. Gates will be nominated for election to the Board of Directors at the Corporation's annual general meeting scheduled for May 7, 2024. "Derek has completed the work he and the Board set out to accomplish on his recruitment to MEG as President and CEO in 2018. He has led MEG's transformation, strengthe...

All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, bitumen realization net of transportation and storage expense, operating expenses net of power revenue, energy operating costs net of power revenue, non-energy operating costs, energy operating costs, adjusted funds flow, free cash flow and net debt. MEG Energy Corp. reported its full year 2023 operational and financial results. "I am extremely proud of MEG's safety, operating, and financial performance in 2023", said Derek Evans, President and Chief Executive Officer. "Annual production grew by 6%, av...

Major Drilling Group International Inc. , a leading provider of specialized drilling services to the mining sector, today reported results for the third quarter of fiscal 2024, ended January 31, 2024. Quarterly Highlights Revenue of $132.8 million, down 11% from the $149.2 million recorded for the same quarter last year. Foreign exchange loss of $2.9 million in Argentina due to significant devaluation of the Argentine Peso in December. Net loss of $2.3 million , compared to net earnings of $6.3 million for the same period last year. Repurchased 317,400 shares at a cost of $2.7 million. Net cash position increased $12.2 million during the quarter to $96.4 million. Collaborative investments in cutting-edge technology with key customers for optimized drilling operations. "The Co...

Tisdale Clean Energy Corp. is pleased to announce that it has closed a further non-brokered private placement and has issued 2,179,500 units at a price of $0.18 per Unit for gross proceeds of $392,310. Each "Unit" issued in the Offering consists of one common share of the Company and one share purchase warrant exercisable at a price of $0.30 until February 29, 2026. In connection with completion of the Offering, the Company paid $20,720 and issued 115,115 share purchase warrants to certain arms-length brokerage firms who assisted in introducing subscribers to the Offering. Each Brokers Warrant is exercisable at a price of $0.30 until February 29, 2026. All securities issued in connection with closing of the Offering are subject to restrictions on resale until June 30, 2...

Denarius Metals Corp. is pleased to announce that, further to the Company's news releases dated October 19, 2023 and November 1, 2023, the Senior Unsecured Convertible Debentures issued pursuant to the previously announced private placement offering have been approved for listing on Cboe Canada under the symbol "DSLV.DB" and will begin trading on March 4, 2024 following the expiry of the statutory four-month hold period. Serafino Iacono, Executive Chairman and CEO of Denarius Metals, commented, "The listing of the Debentures provides investors with another avenue to derive value from their securities. As we continue to advance our 100%-owned Zancudo Project in Colombia toward production in 2024 using the net proceeds of the Offering, we believe Denarius Metals is well-positio...

Galloper Gold is pleased to announce that the Company's common shares are approved for listing on the CSE effective March 1, 2024 and will commence trading on the CSE at the market open on the Listing Date under the symbol "BOOM". On Jan 30, 2024, Galloper was issued a receipt for its final long-form prospectus dated Jan 25, 2024, which is available under the Company's profile on SEDAR+ at www.sedarplus.ca.

Lundin Gold Inc. reports the following in accordance with the Swedish Financial Instruments Trading Act. PDF Version As a result of the exercise of stock options under Lundin Gold's equity compensation plan during the month of February, the Company now has 238,146,346 common shares issued and outstanding with voting rights as at February 29, 2024. This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings . About Lundin Gold Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte i...

EXHIBITING AT BOOTH #2243, PDAC 2024 CONVENTION IN TORONTO, MARCH 3-6 Announces Results of Annual General and Special Shareholders' Meeting TSX:ORV Orvana Minerals Corp. is pleased to report exploration updates from Taguas, Argentina, and announces that it will be exhibiting at the 2024 Prospectors and Developers Association of Canada International Conference being held in Toronto at the Metro Toronto Convention Centre from March 3 to 6, 2024. PDAC 2024 Orvana cordially invites shareholders, investors, brokers, analysts, and interested parties, to learn more about its operations and growth perspectives via brownfield and greenfield exploration programs, by visiting booth #2243 in the Investors Exchange area of PDAC. The PDAC International Convention, Trade Show & Investors Ex...

Euro Manganese Inc. is pleased to announce that shareholders have voted in favour of all matters of business brought before them at the Company's Annual General & Special Meeting of Shareholders held on February 29, 2024. Detailed results of the voting from the Meeting are set out below. In respect of election of the Company's directors, all five management nominees standing for re-election were elected as set out below based on a vote conducted by ballot: Nominee Total Votes Cast Votes For % For Votes Withheld % Withheld John Webster 108,781,419 106,340,951 97.76 2,440,468 2.24 Matthew P. James 108,781,419 106,333,331 97.75 2,448,088 2.25 David B. Dreisinger 108,781,419 106,256,256 97.68 2,525,163 2.32 Gregory P. Martyr 108,781,419 106,261,136 97.68 2,520,283 2.32 Thomas M. ...

Surge Battery Metals Inc. a prominent player in the field of mineral exploration and development, announces its participation in the upcoming Prospectors & Developers Association of Canada Convention in Toronto. The event is scheduled to take place from March 3 to March 6, 2024, at the Metro Toronto Convention Centre, where Surge Battery Metals will be stationed at Booth #2752. PDAC, recognized as the leading voice of the mineral exploration and development community, serves as a vital platform for industry stakeholders to converge, exchange insights, and foster collaborations. With more than 664,000 individuals employed and a substantial contribution of $132 billion to Canada's GDP in 2021, the mineral sector remains a cornerstone of the nation's economy. "As a key player in...

Latitude Uranium Inc. is pleased to announce that the Ontario Superior Court of Justice has granted the final order in connection with the previously announced plan of arrangement under the Business Corporations Act , pursuant to which, among other things, Atha Energy Corp. will acquire all of the issued and outstanding common shares of Latitude Uranium in exchange for 0.2769 of a common share of ATHA for each LUR Share held. As previously announced, the Arrangement was approved by the Company's shareholders at a special meeting held on February 27, 2024. Closing of the Arrangement remains subject to satisfaction of certain customary closing conditions, including stock exchange and regulatory approvals. Subject to the satisfaction of these closing conditions, the parties curr...

Early 2024 milestones Arrival of mill and other key components from the shuttered Golden Sunlight mine brings the procurement of Processing Plant equipment past the 80% threshold. Power cables and infrastructure have now been 'dropped' underground, bringing all parts of the mine - surface and subsurface - onto low-cost, hydroelectric-dominated mainline electric grid power. Drilling contract for resource definition and expansion to commence in Q2 2024 has been awarded to Dynamic Drilling, Inc. of Osburn, ID. Remaining Q1 2024 events Demolition of the old mining offices to create space for a new, purpose-built Filtration Plant is underway and due to complete by the end of Q1 2024. LFI of Hutchinson, KS is due to deploy in early March to commence drilling of auger-cast piles as part of the pr...

EMX Royalty Corp. is pleased to announce preliminary, unaudited, fourth quarter and annual revenue for the year ended December 31, 2023 . Annual Results The Company earned preliminary revenue and other income and adjusted revenue and other income1 of $26,621,000 and $37,028,000, respectively, for the year ended December 31, 2023 , which represented a 46% and 46% increase, respectively, in comparison to the prior year. The significant increase is due to the commencement of royalty payments from the Timok Royalty Property, which resulted in $8,632,000 in royalty revenue in 2023, as well as an 80% increase in royalty revenue from Gediktepe and 46% increase in attributed royalty revenue from Caserones. In 2023, the Company recognized revenue from the Timok Royalty Property that w...