NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, announces that the Company has increased its ownership of the South Korean subsidiary, NEO Battery Materials Korea Co., Ltd. , through a Share Purchase Agreement with Automobile & PCB Inc . NEO acquired 258,829 Common Shares of NBM Korea from A&P for an aggregate purchase price of $1,708,707 CAD . Preceding the Transaction, the Company directly held 776,487 Common Shares of NBM Korea, representing 60% of the issued and outstanding shares of NBM Korea, and following the closing, NEO now directly holds 1,035,316 Common Shares, representing 80% of the issued and outstanding shares of NBM Korea. The Transaction has closed on January 29,...

Nine Mile Metals Ltd. issues a correction to its press release originally issued on Friday, January 26, 2024, announcing the activation of the Wedge Project drill program and providing an update on the California Lake Drill Target #10. The original press release stated that drilling at the California Lake Target #10 stopped on December 17th, 2023, but it should have stated the date as "December 21, 2023." The paragraph is restated as follows: The drill program at California Lake Target #10 stopped on December 21, 2023, above target depth due to inclement weather. The drill target is located in rolling hills west of Bathurst, N.B. and the roads are not maintained by the N.B. Department of Transportation and Infrastructure, making access for both crew and fuel trucks extremely ...

Star Diamond is pleased to provide this update on Star Diamond's acquisition of Rio Tinto Canada Inc's 75% interest in the Fort à la Corne Joint Venture pursuant to the agreement dated November 28, 2023 entered into between Star Diamond and RTEC. Star Diamond and RTEC have worked together diligently to submit the documentation required to complete the transfer of the Permit to Operate for the Fort à la Corne properties . This process requires that an updated Decommissioning and Reclamation Plan be submitted to the Saskatchewan Ministry of the Environment for its approval. Star Diamond and RTEC have been in active discussions with the MoE and, based upon those discussions, Star Diamond believes that all documents required by the MoE have been submitted for its...

Zacatecas Silver Corp. is pleased to announce a non-brokered private placement financing of 18,000,000 units at a price of $0.10 per Unit for total proceeds of $1,800,000 . Under the Offering, each Unit will consist of one common share ; and one-half of one common share purchase warrant . Each Warrant will entitle the holder to purchase a Common Share at an exercise price of $0.15 for a period of two years months from the date of issue. The securities under the Offering will be subject to restrictions on resale expiring four months and day after issue. The Company may pay registered finders a fee in cash and/or share purchase warrants. The Company intends to use the net proceeds to satisfy ongoing costs associated with its properties as well as general working capital purpose...

Bunker Hill Mining announces that its board of directors has approved the grant of 672,450 restricted stock units to the Chief Financial Officer of the Company pursuant to the terms of the Company's amended and restated restricted stock unit incentive plan. Each RSU will vest on January 29, 2025 into one share of common stock of the Company at a deemed price of C$0.10 based on the closing price of the Common Shares on the TSX Venture Exchange on January 26, 2024. A copy of the RSU Plan is available under the Company's profile on SEDAR+. Under new Idaho-based leadership, Bunker Hill intends to sustainably restart and develop the Bunker Hill Mine as the first step in consolidating and then optimizing a number of mining assets into a high-value portfolio of operations, ce...

Athabasca Minerals Inc. , together with its subsidiaries announces that it has obtained an order from the Court of King's Bench of Alberta on January 26, 2024 in support of its restructuring efforts under the Notice of Intention to Make a Proposal . This order extends the current stay period to March 11, 2024 , amending and restating the initial order announced on December 15, 2023. Update on Sales and Investment Solicitation Process As previously announced on December 15, 2023, Athabasca commenced a court-approved sale and investment solicitation process in respect of Athabasca's business and property. Since then, the Corporation has been diligently working with its sales advisors, counsel, and the proposal trustee to implement the SISP. Final bids under the SISP are due by ...

January 29 - Toronto, Ontario - AmmPower Corp. announces it has borrowed USD$65,000 from Dr. Gary Benninger and issued a promissory note to Dr. Benninger. The Loan bears interest at an annual rate of 8%, accruing daily and compounded monthly, is repayable on July 23, 2024 . Subject to the approval of the Canadian Securities Exchange, the Loan and all related interest is convertible into common shares of the Company, at the election of Dr. Benninger, on or prior to the Maturity Date. The Loan is a related party transaction pursuant to Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions . Dr Benninger is the Company's CEO, a director and a control person of the Company, and, as such, Dr. Benninger abstained from the vote by the board o...

Cleveland-Cliffs Inc. today reported full-year and fourth-quarter results for the period ended December 31, 2023. Full-Year Highlights Revenues of $22.0 billion Record steel shipments of 16.4 million net tons, including record automotive shipments Cash flow from operations of $2.3 billion Free cash flow of $1.6 billion3, including approximately $500 million in the fourth quarter of 2023 Year-end net debt of $2.9 billion4 Net pension and OPEB liabilities reduced to $586 million, a $3.6 billion reduction since 2020 Full-Year Consolidated Results Full-year 2023 consolidated revenues were $22.0 billion, compared to the prior year's consolidated revenues of $23.0 billion. As previously foreshadowed in Cliffs' 2022 10-K, full-year results included a goodwill impairment charge totali...

Rio2 Ltd. announces that the Company has entered into shares for services agreements with certain directors and employees. Pursuant to the Shares for Services Agreements, such directors and employees will ?receive all or a portion of their director fees or wages for the period from January 1, 2024, to ?December 31, 2024 in common shares of the Company , with the remaining amount, if any, to be ?satisfied in cash.? The common shares will be issued quarterly and will be subject to a four-month and one-day hold ?period commencing ?upon the date of issuance. Under the Shares for Services Agreements, the ?deemed price per common share to be ?issued will be no less than the volume-weighted average closing price of the Company's ?common shares on the last ?three trading days of each...

Sierra Metals Inc. today provided an update on the status of its permit to operate below the 1120 level at its Yauricocha Mine in Peru. The Level 1120 permit that is currently being assessed by the National Service for Environmental Certification for Sustainable Investments in Peru is in the final stages of the procedure and a resolution is expected by the end of Q1 2024. All other Peruvian agencies involved in the assessment have granted their positive opinion to operate below Level 1120. Ernesto Balarezo, CEO of Sierra Metals, commented, "Obtaining the permit will provide our Yauricocha Mine with access to large ore bodies thereby enabling the mine to achieve its full capacity by increasing its throughput by approximately 40%. Additionally, this will support the long-term continuation of...

Newrange Gold announces that, in order to conserve capital, it has agreed with certain creditors to accept shares in the company in settlement of their debt. The aggregate number of shares to be issued, subject to TSXV approval, is 5,767,252 at a price of $0.035 per share, for settlement of $201,853.81. All securities issued will be subject to a four-month hold period which will expire on the date that is four months and one day from the date of issue. The issuance of 3,714,286 common shares to directors and officers of the Company constitutes a "related party transaction" as this term is defined in Multilateral Instrument 61-101: Protection of Minority Securityholders in Special Transactions . The directors and officers of the Company...

Silverfish Resources announces that effective after-market close on Monday, January 29, 2024, the Company's name will change from "Silverfish Resources Inc." to "Metalsource Mining Inc." The trading symbol for the Company will change from "SF" to "MSM". The Company's common shares will begin trading on the Canadian Securities Exchange on Tuesday, January 30, 2024, under the new name and trading symbol. The new CUSIP will be 59132M108 and the new ISIN number will be CA59132M1086. The share capital of the Company remains unchanged. About Silverfish The Company is engaged in the exploration and development of its mineral property assets in Botswana and Canada. The Company's objective is to locate and develop economic, precious and base metal properties of meri...

Nighthawk Gold Corp. and Moneta Gold Inc. are pleased to announce that all applicable resolutions in connection with the proposed plan of arrangement involving Nighthawk and Moneta pursuant to which Moneta will acquire all of the issued and outstanding common shares of Nighthawk were approved at the special meeting of shareholders of Moneta and the special meeting of shareholders of Nighthawk , each held today. At the Moneta Meeting: the ordinary resolution authorizing Moneta to issue common shares of Moneta to holders of Nighthawk Shares on the basis of 0.21 of a Moneta Share ) for each outstanding Nighthawk Share in connection with the Arrangement was approved by 94.9% of the votes cast by shareholders of Moneta; the special resolution approving the change of name of Moneta...