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...

Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. , is pleased to announce that the Company has filed on SEDAR+ an independent technical report entitled "NI 43-101 Technical Report, Feasibility Study, Alacran Project, in Colombia" prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects supporting the results of a Feasibility Study for the development of the Company's flagship Alacran Project in Colombia . The key results of the Feasibility Study were previously reported in the Company's news release dated December 18, 2023, and there are no material differences in the Report from those results. The effective date of the Report is December 18, 2023. Key highlights of the Feasibility Study: Ini...

Myriad Uranium is pleased to announce that it will be conducting a digital and television marketing campaign, including digital marketing on top financial sites such as BNN Bloomberg, Forbes, Yahoo Finance, Seeking Alpha, the Financial Post and Market Watch, as well as TV spots on BNN Bloomberg. Myriad's CEO Thomas Lamb commented, "We have an exciting few months ahead of us and we want to maximize our reach. This program and other awareness efforts will be in full swing by the time we present and meet investors at Red Cloud's Pre-PDAC Mining Showcase, which will take place February 29 and March 1, and of course throughout PDAC, the world's premier mineral exploration and mining convention, which goes from March 2 to March 6." The campaign will be conducted over three mo...

Alaris Equity Partners Income Trust is pleased to announce that it will release its 2023 year-end results for the period ended December 31, 2023 following the closing of regular trading on the Toronto Stock Exchange Thursday, March 14, 2024. Alaris management will host a conference call at 9 am MT the following day, Friday, March 15, 2024 to discuss the financial results and outlook for the Trust. Participants must register for the call using this link: Pre-registration to Q4 to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that you join 10 minutes prior to the event start . Participants can access the webcast here: Q4 webcast. A replay of the webcast will be available two hours after the call and archived on the same web page for...

York Harbour Metals Inc. is pleased to announce a strategic reorganization of its management team, highlighted by the appointment of Blair Naughty as Interim Chief Executive Officer & President, effective immediately. About Blair Naughty Bringing over 35 years of experience in the securities, capital markets, and venture capital sectors, Blair Naughty stands at the forefront of guiding York Harbour Metals through its next growth phase. His career, which spans roles at Midland Walwyn, Sprott Securities, and Yorkton Securities, along with his achievements as a venture capitalist and entrepreneur, has given him an extensive understanding of the mining sector and public market dynamics. This blend of experience positions him ideally to steer the company towards new heights. Speak...

Molten Metals announces the resignation of Nelson Lamb as Chief Financial Officer. Nelson Lamb has played a crucial role in Molten Metal's financial leadership, and the company expresses its gratitude for his valuable contributions during his tenure. In the interim, Molten Metals is pleased to announce that Lara Smith, the current Chief Executive Officer of Molten Metals, will assume the role of Interim Chief Financial Officer. About the Company Molten Metals is developing Antimony & Antimony-Gold mine projects. Antimony is a critical element with many industrial applications, including ammunition and fire retardants. The upcoming potential new usage is in the mass-storage devices i.e. molten-salt batteries. For further information, p...

Victory Battery Metals is pleased to announce that it has extended the expiry date of an aggregate of 10,685,278 previously issued warrants for an additional 2 years. The Warrants were originally issued as follows: Date Issued Issue Price* Exercise Price* Market Price of underlying shares Number of Warrants Original Expiry Date Nov 7, 2022 $0.022 $0.45 $0.02 869,444 Nov 7, 2024 Feb 13, 2023 $0.08 $0.36 $0.105 1,866,667 Feb 13, 2025 Feb 16, 2023 $0.08 $0.36 $0.105 1,516,667 Feb 16, 2025 Feb 22, 2023 $0.08 $0.36 $0.105 2,869,167 Feb 22, 2025 Mar 10, 2023 $0.08 $0.45 $0.015 1,563,333 Mar 10, 2025 May 26, 2023 $0.05 $0.21 $0.065 2,000,000 May 26, 2025 10,685,278 Note: * - Pre-consolidation prices. The Company completed an 5-1 consolidation in October, 2023. All of these warrants are also being...