Indico Resources Ltd. is pleased to announce that, pursuant to its news releases dated November 29, 2023 and January 10, 2024, the Company has closed on a $60,000 convertible loan facility, in order to pay outstanding account and exchange related fees . The Convertible Loan carries an interest rate of 25% per annum, and will be payable on a date to be determined after the Company's next financing, but will be no later than September 22, 2027. Lenders shall have the option to convert the balance of the principal amount into common shares of the Company , at a price of $0.20 per Share . Additionally, the lenders will have the option to convert any accrued interest into Shares at a price that is the greater of: the Conversion Price; or the market price of the Shares on the NEX b...

Progress continues on Cobalt Blue Holdings Ltd.'s proposed Cobalt Nickel Refinery. Further to the release of the Refinery Study : - Two bulk samples of third-party feedstock have now been received at the Broken Hill Demonstration Plant and are undergoing evaluation. The testing of these samples will form the basis of commercial feedstock for the Refinery. - Initial 50-100 kg feedstock test work has delivered: o Up to 95-97% metal recoveries o Key observed reagent consumptions inline with Study estimates, noting that reagents contribute ~50% of total cash costs: o Acid consumption for hydroxide feed of ~3.5 tonne of H2SO4 per tonne of cobalt o Oxygen consumption for the sulphide feed of ~1 tonne of oxygen per tonne of cobalt. o COB will begin submission of battery grade cobalt...

Pedro Resources Ltd. reports that, further to its press release dated December 5, 2023, it continues to work on its proposed private placement financing of up to 12,000,000 common shares at $0.05 per common share for aggregate gross proceeds of up to $600,000. The Company is actively engaging with potential investors and will continue to provide updates as new developments unfold. The Company has received approval from the Canadian Securities Exchange for a 30-day extension to close the Offering. Closing of the Offering is subject to all customary regulatory and board approvals. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under th...

Skyharbour Resources Ltd. is pleased to announce that it has acquired several new prospective uranium exploration claims through online staking and through an agreement with Eagle Plains Resources Ltd. , contributing to Skyharbour's large property portfolio. These 100% owned claims are located in Northern Saskatchewan, adding an additional 30,184 hectares to Skyharbour's existing holdings in and around the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute. As the Company remains focused on its co-flagship Russell Lake and Moore uranium projects, these new claims will become a part of Skyharbour's prospect generator business as the Company will seek str...

Nighthawk Gold Corp. is pleased to announce that Institutional Shareholder Services, an independent proxy advisory firm who provides voting recommendations to institutional shareholders, has recommended that Nighthawk shareholders vote FOR the proposed special resolutions at the upcoming meetings to be held on January 29, 2024 for Nighthawk and Moneta Gold Inc. shareholders to approve the proposed plan of arrangement pursuant to which Moneta will, among other things, acquire all of the issued and outstanding common shares of Nighthawk . For more information of the Meeting, please visit www.nighthawkgold.com/investors. The Company also wishes to provide the following additional disclosure to supplement the disclosure in the joint management information circular for the Meetin...

Peabody today announced the closing of a new $320 million senior secured revolving credit facility maturing in January 2028, subject to certain conditions relating to the company's outstanding Convertible Senior Notes due March 1, 2028. Revolving loans under the facility bear interest at a rate of SOFR plus an applicable margin ranging from 3.50% to 4.25%, depending on the company's total net leverage ratio. At Peabody's current total net leverage ratio, the margin would be 3.50%. Letters of credit under the facility are subject to a fee equal to the applicable margin. The facility will be guaranteed by certain of Peabody's subsidiaries. "This new revolving credit facility is intended to further enhance our financial resiliency during the period of investment at the Centurion Mine as part ...

IsoEnergy Ltd. is pleased to announce that it has entered into an agreement with Eight Capital to act as co-lead underwriter and joint bookrunner on behalf a syndicate of underwriters , including Haywood Securities Inc., as co-lead underwriter and joint bookrunner, pursuant to which the Underwriters will purchase for resale, on a "bought deal" basis, 2,400,000 federal flow-through common shares of the Company at an offer price of $6.25 per Premium FT Share , for aggregate gross proceeds of C$15,000,000 . The Company has granted the Underwriters an option to purchase for resale up to an additional 15% of the Premium FT Shares at the Issue Price . The Over-Allotment Option will be exercisable in whole or in part, up to 48 hours prior to the closing date of the Offering. The pro...

Coeur Mining Inc.'s President and Chief Executive Officer, Mitchell J. Krebs, will participate in the TD Securities Global Mining Conference on Wednesday, January 24, 2024. The TD Securities Global Mining Conference is an invitation-only investment conference. Presentation materials will be made available on the Company's website at www.coeur.com. About Coeur Coeur Mining Inc. is a U.S.-based, well-diversified, growing precious metals producer with four wholly-owned operations: the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip silver-zinc-lead exploration project in British Columbia. View source version o...

Canadian Critical Minerals Inc. hereby announces the appointment of Chris Stewart as an independent Director of the Company. Mr. Stewart holds a B.Sc. in Mining Engineering from Queen's University in Kingston, Ontario. He has over 30 years of experience in the mining industry in engineering, operations, permitting, performance improvement, safety and ESG stewardship. Mr. Stewart has held various senior management roles as President, CEO, COO and Vice President Operations at Canadian mining companies including Lakeshore Gold, Kirkland Lake Gold, McEwen Mining, Treasury Metals and Minto Metals. He has significant underground mining experience with gold and copper and has raised monies in the capital markets. He has successfully implemented turnaround strategies at several Canad...

Piedmont Lithium , a leading global supplier of lithium resources critical to the U.S. electric vehicle supply chain, today announced an agreement to sell a portion of shares it holds in Atlantic Lithium to Atlantic's largest shareholder, Assore International Holdings . The Company has agreed to sell 24.3 million shares of Atlantic for GBP0.25 per share, representing a premium to the prevailing market price. The shares to be sold represent approximately 3.9% of Atlantic's outstanding shares and will result in approximately US$7.8 million in proceeds for Piedmont. Following the transaction, Assore will own approximately 28.4% of Atlantic. Piedmont will retain 32.7 million Atlantic shares, representing approximately 5.2% ownership in Atlantic. The sale of these shares has no impact on Piedmo...

Myriad Uranium Corp. is pleased to announce that Jim Davis, renowned geologist and the pre-eminent authority on Copper Mountain and its uranium endowment, has joined the Company's Technical Committee. Myriad's CEO, Thomas Lamb, commented, "On October 31, 2023 we announced historic resource estimates and resource targets relating to Copper Mountain. These estimates and targets were the product of C$100 million in exploration and development spend by Union Pacific during the 1970s. Much of this work was led by Jim Davis, and we are delighted he is joining our Technical Committee. He is already helping us thoroughly understand the large trove of data we recently obtained and the exciting potential of Copper Mountain." Figure 1, The Copper Mountain Project To view an enhanced ver...

Electrum Discoveryis pleased to announce the closing of its previously-announced transaction resulting in the reverse takeover of Medgold by Balkan Metals, along with completion of a concurrent non-brokered private placement, a 16-1 share consolidation and name change. As a result of the Transaction, Electrum now holds a portfolio of exploration licences in Serbia covering close to 1,000 square kilometres, making Electrum the largest holder of highly prospective exploration ground in Serbia. Management looks forward to advancing the Company's flagship Timok East Project . The Transaction Pursuant to the terms of an amalgamation agreement entered into between Medgold, BMC and 1397383 B.C. Ltd., a wholly-owned subsidiary of Medgold dated Jan...

Resouro Strategic Metals Inc. is pleased to provide an update on activities at the Tiros Rare Earths and Titanium project in Brazil . Key highlights from recent assays received include; 38 metres at 6,444 ppm TREO with 1,524 ppm NdPr and 17.5% TiO2 from 40m 34 metres at 4,216 ppm TREO with 1,020 ppm NdPr and 10.6% TiO2 from 24m 28 metres at 4,585 ppm TREO with 1,012 ppm NdPr and 12.7% TiO2 from 29m 12 metres at 8,150 ppm TREO with 1,575 ppm NdPr and 20% TiO2 from surface 10.5 metres at 7,181 ppm TREO including 2,222 ppm NdPr and 17.5% TiO2 from surface 14 metres at 4,340 ppm TREO with 911 ppm NdPr and 12.1% TiO2 from 29m In summary, the 518 samples taken from the 13 holes in the recent campaign produced 83% of the samples had a TREO grade above 3,000 ppm; 84% of the samples h...