Namibia Critical Metals Inc. is pleased to announce that it received all laboratory assays of the RC drilling campaign for its PFS study on the large-scale "Lofdal 2B-4" heavy rare earth project. The final infill drilling campaign entailed 7 very deep reverse circulation boreholes for a total of 2,597 m in the Area 4 main deposit. Assays were received from Actlabs, Canada. Highlights are: Continuation of the rare earth mineralization at depth was confirmed by all infill drill holes in grade and width in accordance with the geological model. The last borehole drilled showed an increase in grade and width of the heavy rare earth mineralization and confirmed that the rare earth mineralization is open in southwesterly direction and at depth of the Area 4 main deposit. The Company...

Trifecta Gold Ltd. is pleased to announce that its common shares have commenced trading on the OTCQB Venture Market under the symbol "TRRFF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol TG. The Company expects that the listing on the OTCQB will provide greater visibility and convenience of trading for US investors, resulting in enhanced liquidity and greater reach. The OTCQB Venture Market is for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find real-time quotes and market information for the Company on www.otcmarkets.com. About Trifecta Gold Ltd. Trifecta is a Canadian-based preciou...

TORONTO, ON / ACCESSWORE / February 2, 2024 / TRU Precious Metals Corp. announces that Mr. Paul Ténière, P. Geo., has departed from his position as Vice President of Exploration. Mr. Ténière has served the Company in this position since October 2022 and will continue to be available to provide geological consulting services. The Company is fortunate to have a highly experienced exploration team in place and the flexibility to utilize those resources in a cost-effective manner. TRU continues to benefit from the in-depth project knowledge and geological expertise of its Exploration Manager Pearce Bradley, P.Geo., who has managed the exploration work on the Company's Golden Rose Project since its acquisition, as well as Professor Garth Earls, Project Evaluation Advisor, with ove...

Trading Symbol: Provides Unconditional Approval for Proposed Orecorp Transaction Independent Expert Appointed by Orecorp Concludes That the Silvercorp Offer Is Fair and Reasonable To Orecorp Shareholders, In The Absence Of A Superior Proposal Each Orecorp Director Has Accepted the Silvercorp Offer Silvercorp Metals Inc. today announced the Company received a Merger Clearance Certificate from the Tanzanian Fair Competition Commission providing unconditional merger control approval for the proposed transaction with OreCorp Limited by way of Silvercorp's off-market takeover offer , for all of the OreCorp shares not already owned by Silvercorp for consideration comprising 0.0967 common shares of Silvercorp and A$0.19 cash per OreCorp share . The FCC approval represents the sole Ta...

Kootenay Silver Inc. is pleased to announce a non-brokered private placement offering of units of the Company at a price of $0.75 per Unit for aggregate gross proceeds of up to $2,500,000. Each Unit shall be comprised of one common share of the Company and one-half of one Common Share purchase warrant of the Company . Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $1.10 for a period of 24 months from closing of the Offering. The net proceeds from the Offering will be used for exploration activities, property commitments on the Company's projects, working capital and general corporate purposes. The Offering is anticipated to close on or about the week of February 16, 2024 , or such later date as the Company may determine. The...

Green River Gold Corp. is pleased to announce that it plans to undertake a non-brokered private placement of up to 10,000,000 units to raise gross proceeds of up to $500,000.00 . The Units will be offered at a price of $0.05 per Unit, with each Unit consisting of one common share and one common share purchase warrant . Each Warrant will be exercisable to acquire one Share for a period of 5 years following the closing of the Offering at an exercise price of $0.06 per Warrant Share, subject to acceleration provisions . The Offering is expected to close on or about February 29, 2024. If the closing price of the Company's Shares on the Canadian Securities Exchange is equal to or greater than $0.15 for a period of ten consecutive trading days, the Company may, at its sole option, ...

Portofino Resources Inc. announces that it has executed an amending agreement with EMX Royalty Corp., the underlying claim owner of the South of Otter, Red Lake, Ontario gold project. The Agreement allows the Company to exercise its right to earn a 100% interest in the project by making the final cash payment of $25,000 based on 50% in shares and 50% in cash . Based on the previous 30-day volume weighted average price for Portofino shares, 176,056 shares are to be issued at a value of $.071 per share. Following this final payment, the Company will own 100% interest in the South of Otter claims, subject to a 1.5% NSR. Background In November 2019, Portofino entered into an option agreement that provided the Company with the right to earn a 100% interest in the project by making...

Golden Cariboo Resources announces that, further to its news release of January 19, it will effect the consolidation of its common shares on the basis of one new Share for every three old Shares on or about Wednesday, Feb 7, resulting in the Company having approximately 14,511,337 Shares issued and outstanding on a post-Consolidation basis. The Shares of the Company will begin trading on a consolidated basis at the opening of trading on or about Wednesday February 7, 2024. The new ISIN of the Company is CA3808134025 and the CUSIP is 380813402. Registered shareholders of the Company who hold their Shares in certificate form will receive a letter of transmittal from the Company's transfer agent, Computershare Investor Ser...

Edison Lithium Corp. is pleased to announce, further to its news releases dated March 28, 2023, July 13, 2023, November 28, 2023 and December 7, 2023, that it has mailed, using notice-and-access procedures, an addendum to the management information circular and related meeting materials for the annual general and special meeting of the Company's shareholders, warrantholders and optionholders to be held in connection with the proposed transaction pursuant to which the Company will spin out common shares of its wholly owned subsidiary, Edison Cobalt Corp. , to its shareholders by way of statutory plan of arrangement pursuant to the Business Corporations Act . The Addendum describes revisions to the Circular respecting the share exchange ratio contemplated in the Arrangement and...

Feb. 1, 2024 /CNW/ - Capstone Copper Corp. and Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance Fund I-A LP jointly announce that they have entered into an agreement with a syndicate of underwriters led by RBC Capital Markets, as Lead Bookrunner and including National Bank Financial and Scotiabank as Joint Bookrunners pursuant to which the Underwriters have agreed to purchase, on a bought deal basis from the Company and Orion, a total of 59,520,000 common shares of Capstone at a price of C$6.30 per Common Share , for aggregate gross proceeds of C$374,976,000 . The Company has granted the Underwriters an option, exercisable in whole or in part at any time up to 30 days after the closing of the Offering, to purchase up to an additional 8,928,000 Common...

Kaizen Discovery Inc. announces today that it obtained a final order from the Supreme Court of BC with respect to the previously announced plan of arrangement under the Business Corporations Act , pursuant to which Ivanhoe Electric Inc. will acquire all of the outstanding common shares of Kaizen not already beneficially owned by IE. Receipt of the final order follows the approval of the Arrangement by Company securityholders at the Special Meeting of the Company held on January 29, 2024, at which the Company securityholders voted in favour of the Arrangement by a vote of 62,793,356 For and 1,615,875 Against, and the majority of the minority of Company shareholders approved of the Arrangement by a vote of 2,435,728 For and 1,615,875 Against. Compl...

Caprock Mining Corp. is pleased to announce the appointment of Mr. Okunola Joshua Aina as its Chief Financial Officer, effective today. Mr. Aina is a senior finance and accounting professional who brings over 15 years of experience to his role of CFO at Caprock. He began his career in public accounting with PricewaterhouseCoopers , followed by numerous roles in both public and private companies within and outside Canada. His experience spans across several sectors and markets, and includes the domains of corporate financial reporting advisory, regulatory compliance, SOX internal controls, risk management and strategic business process improvement. In addition to Caprock, Mr. Aina also serves as the Chief Financial Officer of Jubilee Gold Exploration Ltd. . His p...

Hecla Mining Company will release its fourth quarter and full-year 2023 operational and financial results after the market close on February 14, 2024. The Company will hold a conference call and webcast on February 15, 2024 at 10:00 a.m. Eastern Time. Details are provided below. CONFERENCE CALL AND WEBCAST Date: February 15, 2024 Time: 10:00 am Eastern Time Dial-in numbers: +1 330-2391 +1 789-2702 Conference ID: 4812168 Webcast: https://events.q4inc.com/attendee/758455261 ONE-ON-ONE CALLS After the conclusion of this call, Hecla will also give investors and others the opportunity for one-on-one calls with several members of management. Sign-up for these one-on-one calls will occur the morning of the conference call, with details provided in our earnings news release. ABOUT HECL...