Ucore Rare Metals Inc. is pleased to announce the closing of a second and final tranche of its previously announced non-brokered private placement of convertible debentures in the amount of $480,000 for cumulative gross proceeds of $1.99 million . The net proceeds from the Offering are to be used for general working capital purposes. Pursuant to the Second Closing, the Company has issued 480 Debentures, in addition to the 1,510 Debentures issued pursuant to the previous closing, for a cumulative total of 1,990 Debentures at a price of $1,000 per Debenture. The Debentures bear interest at a rate of 7.5%, payable semi-annually on the last day of June and December of each year, commencing on June 30, 2024. The Debentures have an approximately two-year term with the principal amou...

Golden Arrow Resources is pleased to report on the status of the option granted to Sociedad de Servicios Andinos SpA in respect to the San Pietro project. As previously announced on January 12, 2024 , New Golden Explorations, a wholly-owned subsidiary of the Company, granted SSA the option to subscribe for 333 shares in the capital of NGE, equivalent to approximately 25% of the issued and outstanding Shares upon exercise of the Option, subject to the terms and conditions of an option agreement . SSA is an arm's length party to the Company. The Company received conditional approval of the Transaction from the TSX Venture Exchange on January 18, 2024. SSA c...

Richmond Minerals Inc. announces that it intends to complete a non-brokered private placement of common shares at a price of $0.05 per share, for gross proceeds of up to $340,000 . It is anticipated that one or more of the subscribers in the Private Placement will be related parties of the Company. The Company also announces that it has entered into agreements with certain of its creditors to satisfy debts owing for products and services provided to the Company in the aggregate amount of $52,725.35. The Company proposes to issue an aggregate of 1,054,507 common shares to satisfy such debts at a deemed price per share of $0.05 . The creditors include Franz Kozich, the CEO and a director of the Company, and a company affiliated with Thomas Unterweissacher, a director of the Com...

VANCOUVER, BC, Feb. 9, 2024 /CNW/ - Trading resumes in: Company: Fabled Silver Gold Corp. TSX-Venture Symbol: FCO.H All Issues: Yes Resumption : 9:30 am 02/12/2024 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 sp...

Medallion Resources announces that effective February 14, 2024, the Company is changing its corporate identity and rebranding as "GABO MINING LTD." and will start trading on the TSX Venture Exchange under the symbol "GAB". The Company also announces that pursuant to directors' resolutions dated January 11, 2024 and following the receipt of all necessary approvals, effective February 14, 2024 the Company will be consolidating its common shares on the basis of one new post-consolidation common share for every seven pre-consolidation common shares . Effective at the opening of the market on February 14, 2024, the common shares of the Company will commence trading on a post-Consolidation basis under the new ticker symbol "GAB" . There are curr...

Nine Mile Metals Ltd. announces that it has made payments under its option to Purchase 100% of Wedge Project, dated February 9, 2023, with SLAM Exploration Ltd. . The Option and payments were previously announced on February 16, 2023. The Company has issued 200,000 common shares at a deemed price of $0.08 per share, in accordance with the Option. Slam and the Company have agreed to convert the $20,000 cash payment owing under the Option to units as part of the Company's recently announced private placement. All securities issued will be subject to a four month and a day hold period. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration VMS exploration in the world...

Xiana Mining Inc. reports that further to the Company's news release of March 8, 2021, we advise that the transfer of all its interest in Minera Altos de Punitaqui to Battery Mineral Resources Corp., following the exercise by BMR of the call option pursuant to which BMR has converted its leasehold interest into a direct ownership interest, for no additional consideration . As of the date of this news release the transfer of ownership has been completed, with BMR now holding a 100% ownership interest in MAP. In addition, the Company reports the resignation of Timothy Moody as a director of the Company. The Company would like to thank Tim for all his support. About Xiana Mining Inc. During 2020, Xiana has suffered significant setbacks due to the COVID-19 pandemic....

Electra Battery Materials Corp. today announced that it has received a $5 million investment from the Government of Canada towards the construction of North America's first cobalt sulfate refinery. Located in Temiskaming Shores, Ontario, the facility will produce approximately five percent of the global supply of battery grade cobalt needed for electric vehicles. The investment will be provided in the form of a grant from the Federal Economic Development Initiative for Northern Ontario . "Canada has surpassed China as the top jurisdiction in the global battery supply chain, given its strength in raw materials mining and processing," said Trent Mell, Electra's CEO. "Today's announcement from the Government of Canada's demonstrates its continued commitment to building a strong,...

Grants Options and RSU's Avanti Gold Corp. is pleased to announce that, effective February 15, 2024, Martino De Ciccio has been appointed as a senior advisor to the Company. Martino De Ciccio commented: "I am pleased to join the advisory Board of Avanti Gold, alongside mining veterans such as Sir Samuel Jonah, Robert Cross, and Paul Matysek, given our shared belief that the Democratic Republic of the Congo hosts significant potential for the discovery of world-class mineral properties." About Martino De Ciccio Martino De Ciccio has over 15 years of experience in mining industry with a strong value creation track record and significant knowledge across strategy, capital markets, corporate finance, and ESG, coupled with a profound understanding of the African mining landscape. ...

Minsud Resources Corp. announces that, further to the Company's press releases dated April 13, 2023 and Nov 27 in connection with South32 Aluminium Pty Ltd.'s exercise of its earn-in right to acquire a 50.1% ownership interest in Minera Sud Argentina, Minsud's indirect Argentinian subsidiary that holds and operates the flagship Chita Valley Project, due to procedural administrative delays the closing date of the acquisition has been extended from February 14, 2024 to April 5, 2024 . At the time of Completion, Minsud Argentina Inc. , a wholly owned subsidiary of the Company, and South32 will enter into a shareholders' agreement to govern the management and operation of MSA which will include further exploration and, if economically feasible, the dev...

Peruvian Metals Corp. wishes to announce that it is changing its financial year-end to March 31 from its current year-end of December 31. As a result, the Corporation will file an additional interim report as at December 31, 2023 and will report audited financial results for a 15-month transition year from January 31, 2023 to March 31, 2024 . Afterwards, the Corporation will revert to a customary reporting calendar based on a March 31 year-end, with fiscal quarters ending on the last day of June, September and December and March each year. The Company believes this change of financial year-end will allow it to complete its audit requirements with greater efficiency and will better align the Corporation's financial reporting periods to that of its peer group in the mineral res...

IsoEnergy Ltd. is pleased to announce that it has closed its previously announced "bought deal" brokered private placement announced on January 18, 2024, pursuant to which the Company sold 3,680,000 federal flow-through common shares of the Company at an offer price of C$6.25 per Premium FT Share, for aggregate gross proceeds of C$23,000,000 , which includes the full exercise of the Underwriters' over-allotment option. The Offering was conducted by a syndicate of underwriters, co-led by Eight Capital and Haywood Securities Inc., as joint bookrunners, and including Canaccord Genuity Corp., PI Financial Corp., Red Cloud Securities Inc. and TD Securities Inc. . The proceeds from the issuance of the Premium FT Shares are expected to be used to incur eligible "Canadian exploration...

Cantex Mine Development Corp. is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports Main Zone Germanium Results 455 germanium results have been received for drill core from 61 intercepts drilled from 31 pads spanning the entire 2.35 kilometer drill confirmed strike length of the Main Zone silver-lead-zinc-germanium mineralization at North Rackla. These results are presented in Table 1. Table 1. Germanium results from the Main Zone Pad Hole Depth Germanium Number of analyses MZ03 YKDD19-055 347.40 161 5 MZ04 YKDD19-067 195.40 1595 8 MZ06 YKDD18-016 108.02 595 5 MZ05X YKDD19-125 283.48 182 5 MZ05X YKDD19-127 372.50 952 5 MZ05X YKDD19-139 417.70 438 8 MZ07 YKDD19-025 116.80 307 5 MZ07 YKDD19-027 1...