Goldgroup Mining announces that Javier Reyes has resigned from the board of directors of the Company for personal reasons effective January 26, 2024. Mr. Reyes was appointed to the Board in May, 2013. The Company thanks Mr. Reyes for his valuable contributions during his Board tenure and wishes him every success in his future endeavors. Mr. Ralph Shearing, CEO, commented: "Mr. Reyes has been a valuable member of the Board, and we have greatly benefitted from his knowledge and experience. On behalf of the Board, management and the Company's shareholders, I wish Mr. Reyes and his family all the best in the future." About Goldgroup Goldgroup is a Canadian-based mining Company that owns and operates the Cerro Prieto heap-leach gold mine located in the State of Sonora, Mexico...

Verde AgriTech Ltd. announces its preliminary and unaudited results for the period ending December 31, 2023 . The Company also announces its 2024 guidance, targeting sales of 800,000 tons of its multinutrient potassium products, BAKS® and K Forte®, sold internationally as Super Greensand® , and a carbon dioxide removal potential of 38,300 tons of CO2.1 The yearly revenue from Product sales in 2024 is targeted at C$62.9 million, with an EBITDA of C$12.2 million, and C$0.5 million net profit. FY 2024 financial targets do not include any potential revenue from the sale of carbon credits. Verde's financial results for the period ending December 31, 2023, are being examined by its auditors. In the interim, the Company offers an estimation of its FY 2023 results , as follows:2,3 Sa...

POWR Lithium Corp. , a mineral exploration and development company focused on American lithium deposits to support domestic demand, is pleased to provide the following summary of their recently held special investor call. Highlights: POWR's Halo property sits between two documented lithium resources held by American Battery Technology and American Lithium. Results of POWR's Phase 1 drilling show a likely continuation of similar geology across all three properties. POWR targets demonstrating an inaugural resource with upcoming Phase 2 drill program, hopeful the results will make Halo an attractive acquisition target. "POWR Lithium is centered between two well-established companies, American Battery Technology and American Lithium, both of which have documented resources that e...

Sulliden Mining Capital Inc. is pleased to announce the appointments of Peter Michel as the chief financial officer of the Company and Peter Hooper as the chair of the board, each effective immediately. The appointments of Messrs. Michel and Hooper follow the resignations of Ryan Ptolemy and long-time board member William Clarke, respectively. Peter Michel is a CPA, CA and obtained a Bachelor of Accounting and Financial Management from the University of Waterloo. Mr. Michel formerly served in leadership roles in both public and private companies with most recent focus in healthcare. Additionally, he worked as a Senior Manager at BDO Canada LLP where he worked in its audit and assurance practice. He has expertise in strategic planning, financial reporting, budgeting, acquisiti...

Refined Metals Corp. is pleased to announce that its board of directors has approved a consolidation of the common shares of the Company on a two-to-one basis. The Company has 57,288,955 Common Shares outstanding and, if completed, the proposed Consolidation would reduce the issued and outstanding Common Shares to approximately 28,644,478 Common Shares. The Company anticipates that the proposed Consolidation will take effect on or about February 15, 2024, at which time the Common Shares are expected to trade on a consolidated basis under the existing name and trading symbol. The Company will issue a subsequent news release, following its filing of all necessary documentation with the CSE in respect of the proposed Consolidation, announcing the effective date of the proposed C...

Giyani Metals Corp. , developer of the K.Hill battery-grade manganese project in Botswana announces that 1,500,000 stock options have been granted to non-executive directors of the Company in accordance with the Company's Stock Option Plan. These grants relate to Options which are typically awarded to NEDs upon their re-election at the Company's annual meeting of shareholders . However, the Company was restricted from issuing these Options following the last Meeting on September 27, 2023, as it remained in a blackout period while it worked to complete the recently announced fund raising. All Options vest immediately, and each Option is exercisable into one common share of the Company at a price of $0.115 per Share for a period of five years from today's grant date. The board ...

Adventus Mining Corp. announces that it has granted an aggregate of 5,400,000 incentive stock options under the Company's share compensation plan to officers, employees and non-executive directors, with an exercise price of C$0.27 per stock option, exercisable for a period of five years from the date of grant and vesting over three years. The Company has also awarded an aggregate of 3,035,000 restricted share units under the Company's share compensation plan to officers, employees and non-executive directors. Each RSU represents a right to receive one common share of the Company, following the vesting of such RSUs over a two-year period. About Adventus Adventus Mining Corp. is an Ecuador-focused copper-gold exploration and development company. Adventus Mining is...

Galleon Gold Corp. is pleased to announce that, subject to regulatory approval, it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. The agreement between the Company and ICP is for an initial term of three months and shall be automatically renewed for subsequent one month terms unless either party provides at least thirty days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agree...

Star Diamond announces that it has closed the second and final tranche of the previously announced non-brokered private placement for gross proceeds of C$785,901. The total proceeds raised in the Offering was C$1,110,041. Pursuant to the closing of the second tranche of the Offering, the Company issued: i) 8,548,905 units of the Company at a price of C$0.09 per Unit for gross proceeds of C$769,401, with each Unit consisting of one common share of the Company and one share purchase warrant ; and ii) 150,000 "flow-through" units at price of C$0.11 per FT Unit for gross proceeds C$16,500, with each FT Unit consisting of one common share of the Company and one Warrant, each of which will qualify as a "flow-through share" for the purposes of the Income Tax Act . Each Warrant...

HALIFAX, NS, Jan. 26, 2024 /CNW/ - Fortune Bay Corp. announces that the board of directors of the Company has approved the granting of 1,230,000 incentive stock options pursuant to the Company's Stock Option Plan to its directors, officers, contractors and employees. Directors and officers were awarded 1,010,000 of the Options which are exercisable at a price of $0.23 per share, expire on January 25, 2029 and vest over a three-year period. About Fortune Bay Fortune Bay Corp. is an exploration and development company with 100% ownership in two advanced gold exploration projects in Canada, Saskatchewan and Mexico, Chiapas , both with exploration and development potential. The Company is also advancing the Strike, Murmac, Spruce and Pine uranium exploration project...

Teuton Resources reports as follows: effective Jan 25, Charlton & Company, chartered professional accountants, have been appointed as Teuton's auditor until the next annual general meeting of the company. The board of directors thanks the firm of Manning Elliott LLP, chartered professional accountants, for its past services. Jeremy Zall has been appointed as a director of Teuton Resources and as a member of its Audit Committee. Mr. Zall has in excess of 12,000 hours of experience as a helicopter pilot, much of it gained in the Stewart region of northwestern British Columbia . In 2005 he began flying for Prism Helicopters, a company which had a large fleet of rotary aircraft serving the Stewart region. Currently he is an ...

Cleveland-Cliffs Inc. announced today that it has successfully completed a hydrogen injection trial at its Indiana Harbor #7 blast furnace, the largest blast furnace in North America. This represents the second Cleveland-Cliffs blast furnace to utilize hydrogen as a reductant and fuel source, following the successful trial at Middletown Works in May of 2023. Indiana Harbor #7 is among the largest blast furnaces in the entire world, both in size and production capacity. IH#7 also compares favorably against similar equipment in Japan, Korea, China or Europe, for its technological capability to support the production of high-end steels, including highly specified automotive feedstock. Cliffs recently completed the commissioning of the hydrogen pipeline at Indiana Harbor, which wa...

Commencement of Public Consultation in Greenland TORONTO, ONTARIO - 26 January 2024 - Amaroq Minerals Ltd. , an independent mine development corporation with a substantial land package of gold and strategic mineral assets across in Southern Greenland, is pleased to announce that the public consultation process for the draft Environmental Impact Assessment and Social Impact Assessment report on the Nalunaq Gold Mine project has commenced. As part of the public consultation process, Amaroq management will be carrying out consultation meetings with local communities in Greenland next week. The public consultation is expected to close by March 1, 2024. A link to background materials regarding the public consultation is set out below: https://www.amaroqminerals.com/responsibility...