Almonty Industries Inc. is pleased to announce that its wholly-owned subsidiary, Almonty Korea Tungsten Corporation , has signed a memorandum of understanding with the Yeongwol County Office in South Korea to secure the location of the Sangdong Downstream Tungsten Oxide Plant. Yeongwol is located approximately 30 km's from the Sangdong Tungsten Mine and will be a hub for high-tech industries utilizing local mineral resources. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240711772928/en/ Choi Myung-seo , Head of Yeongwol County and Yoo Woo-jong, Vice President of AKTC , are signing a memorandum of understanding on investment in the conference room of Yeongwol County Office Key terms of the MOU include that AKTC pr...

Hecla Mining Company today announced that the "bad actor" lawsuit impacting its Libby Exploration Project in Montana was dismissed as a result of the recent retirement of the Company's former CEO Phillips Baker Jr. On July 11, 2024, the Montana First Judicial District Court dismissed a lawsuit filed by environmental groups and tribes against the Montana Department of Environmental Quality alleging that Hecla's former CEO, Phillips Baker, Jr. was a "bad actor" and as a result, MDEQ should deny exploration and mining permits to Hecla's subsidiaries. The lawsuit sought declaratory relief and a writ of mandamus to compel enforcement of provisions in the Metal Mines Reclamation Act, precluding MDEQ from renewing or issuing exploration and mining permits, including those applicable t...

VanadiumCorp Resource Inc. announces that it is not proceeding with the non-brokered private placement financing of flow-through units and non-flow-through units of aggregate proceeds up to $1,000,000 that was announced by the Company in its news releases dated May 29, 2024 and June 4, 2024. Any proposed investor in the financing who deposited funds pending closing of the financing will receive a return of their funds forthwith. The new Board of Directors and management team at VanadiumCorp that was put in place at the Annual General and Special Meeting of Shareholders held on July 2, 2024 is reviewing the current financial condition and requirements of the Company. A new financing, on revised terms, is expected to be announced within the next week. About VanadiumCorp Resourc...

Argonaut Gold Inc. announced today the receipt of the clearance decision from the Comisión Federal de Competencia Económica and the final order of the Ontario Superior Court of Justice with respect to the pending arrangement transaction between Argonaut and Alamos Gold Inc. . COFECE approval and court approval were the final substantive regulatory and court approvals required prior to closing of the Arrangement, which is anticipated to occur in mid-July. Among other customary closing conditions, closing of the Arrangement is subject to approval from the TSX Venture Exchange for the listing of the shares of Florida Canyon Gold Inc. , which will hold all of Argonaut's ownership interest in its United States and Mexican assets. The arrangement agreement dated March ...

Visionary Metals Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement , issuing 3,036,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of $151,800. Each Unit is comprised of one common share of the Company and one half of one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.10 for a period of 48 months from the closing date of the Offering. The net proceeds from the Offering will be used to fund the Company's 2024 exploration program and for general working capital purposes. The Company will provide additional information regarding closing of a second tranche once available. The closing of ...

Fitzroy Minerals Inc. reports that it is applying to the TSX Venture Exchange to extend the term of 3,900,000 warrants with an exercise price of $0.25 and expiring on August 13, 2024 issued under its private placement completed on February 13, 2023 . See the Company's press release dated February 13, 2023 for more information regarding the private placement. The Company is applying to amend the Warrants to extend the expiry date from August 13, 2024 to August 13, 2025. The foregoing amendments are subject to regulatory acceptance by the Exchange. The exercise price of $0.25 and all other terms of the Warrants will remain unchanged for the extended exercise period. Grant of Options The Company also announces that it has granted 250,000 options to purchase up to 250,000 common ...

Teck Resources Ltd. announced today that its Board of Directors has declared an eligible dividend of $0.625 per share on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on September 27, 2024 to shareholders of record at the close of business on September 13, 2024, consisting of the $0.125 per share base dividend and a one-time supplemental dividend of $0.50 per share. About Teck Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring r...

Q2 Metals Corp. is pleased to announce an update to the terms of the non-brokered private placement of units of the Company as announced on July 10, 2024. The charity flow-through unit portion of the Offering has been updated to reflect an increase in the price of the units being offered from $0.4625 to $0.475 per unit. As such, the charity flow-through unit portion is now comprised of up to 10,526,315 units of Q2 at a price of $0.475 per unit for gross proceeds of up to $5,000,000. All other Offering terms remain the same, with total gross proceeds now being up to $7,505,000. Closing of the Offering on the terms, as amended, is subject to certain customary conditions, is expected to occur on or about July 31, 2024, and is subject to receipt of acceptance by the TSX Venture ...

Teck Resources Ltd. today announced that it has completed the sale of its remaining 77% interest in the steelmaking coal business to Glencore plc Teck received total cash proceeds of US$7.3 billion, subject to customary closing adjustments. About Teck Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. We are focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the s...

Director/PDMR Shareholding - Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities TORONTO, ONTARIO - July 11, 2024 - Amaroq Minerals Ltd. announces that on July 11, 2024, it was informed that Livermore Partners LLC, a company in which David Neuhauser, Non-Executive Director of Amaroq Minerals, is Managing Director, acquired a total of 37,900 common shares of no par value in the Company. This brings David Neuhauser's indirect total holding to 14,579,124 shares, 4.45% of the capital in the Company. 1. Details of the person discharging managerial responsibilities/person closely associated a) Name: Livermore Partners LLC, David Neuhauser 2. Reason for the notification a) Position/status: Non-Executive Director b) Initial notification/Amendmen...

CoTec Holdings Corp. is pleased to announce that it has completed its previously announced non-brokered private placement of 5,500,000 common shares in the Corporation to Kings Chapel International Limited at a price of $0.50 per Common Share for gross proceeds of $2,750,000 . Kings Chapel is an existing insider and Control Person of the Corporation. Julian Treger, a director of the Corporation and its Chief Executive Officer, is a beneficiary of a family trust associated with Kings Chapel. As a result, the Private Placement was a related party transaction subject to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions . The Private Placement was exempt from the formal valuation requirements of MI 61-101 pursuant to subsection 5.5 o...

Decklar Resources Inc. today announces that the Alberta Securities Commission, , as its principal regulator has revoked the Management Cease Trade Order previously issued to the Company. Concurrently, the ASC has issued a Failure-to-File Cease Trade Order prohibiting the trading by any person of any securities of the Company in Canada, including trades in the Company's common shares made through the TSX Venture Exchange. The FFCTO was issued due to the delayed filing of the Company's annual financial statements, management's discussion and analysis, certification of annual filings and its annual filings under National Instrument 51-101 Standard for Oil and Gas activities for the fiscal year ended December 31, 2023 and the Company's interim financial statements, interim managem...

VANCOUVER, BC, July 11, 2024 /CNW/ - Trading resumes in: Company: Macarthur Minerals Ltd. TSX-Venture Symbol: MMS All Issues: Yes Resumption : 12:30 PM 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 specific halt ...