CoTec Holdings Corp. announces that the Corporation will be relying on CSA Coordinated Blanket Order 51-931 for exemption from the requirements to send proxy-related materials for its upcoming annual and general special meeting being held on Friday, December 13, 2024 at 11:00 AM virtually at https://meetnow.global/MNAPPF6 due to the current delays and suspension of mail service in Canada as a result of the nationwide strike of the Canadian Union of Postal Workers that commenced on November 15, 2024 . As set out in the Meeting Materials, shareholders will be asked to consider and approve the following resolutions: to receive and consider the financial statements for the fiscal year ended December 31, 2023 and the auditor's report thereon; to elect the directors of the Corporat...

Dec. 5, 2024 /CNW/ - EMP Metals Corp. is pleased to announce that the shareholders of the Company approved all proposed resolutions at the annual general meeting of the Shareholders held on December 4, 2024, including the authorization and approval of Tembo Capital Holdings UK Ltd and its affiliates as new "Control Persons" of the Company by disinterested Shareholders , the re-appointment of the existing directors of the Company, being Karl Kottmeier, Robin Gamley, Gregory Bronson and Craig Foggo, and the appointment of Bryden Wright as a new director of the Company, and the appointment of Baker Tilly WM LLP as the auditors of the Company. Bryden Wright is the President of ROK Resources Inc. , and previously served as the Chief Operating Officer and Vice-Preside...

Red Lake Gold Inc. provides an update to its shareholders regarding the potential impact of an ongoing labour strike by the Canadian Union of Postal Workers on the Corporation's ability to adhere with its obligations to deliver its meeting materials to shareholders in connection to its upcoming annual general meeting of shareholders scheduled to be held on December 20, 2024 at 10:30 am P.S.T. at the offices of 1890 - 1075 West Georgia Street, Vancouver, BC V6E 3C9. As a result of the Strike, the Corporation has satisfied all the conditions outlined in NI 51-931 - Temporary Exemption from requirements in National Instrument 51-102 Continuous Disclosure Requirements and National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuer to send c...

Platinum Group Metals Ltd. reports that it has entered into a new equity distribution agreement effective as of December 5, 2024 with BMO Nesbitt Burns Inc. and Beacon Securities Limited and BMO Capital Markets Corp. for a new at-the-market equity program . The Distribution Agreement will allow the Company to distribute up to US$50.0 million of common shares of the Company under the 2024 ATM Program. The Offered Shares will be issued by the Company to the public from time to time, through the Agents, at the Company's discretion. The Offered Shares sold under the 2024 ATM Program, if any, will be sold at the prevailing market price at the time of sale. The net proceeds of any such sales under the 2024 ATM Program are anticipated to be used, over the following 24 months, for the...

Renegade Gold Inc. announces that it proposes to undertake a non-brokered private placement of flow-through common shares at a price of $0.18 per FT Share for gross proceeds of up to $1 million . The Company intends to use the gross proceeds of the Placement to incur "Canadian exploration expenses" that are "flow-through mining expenditures" ) related to the Company's projects in Ontario. In particular, the gross proceeds will be used to advance the Company's exploration program in the highly prospective Red Lake District, Ontario. The program will focus on follow-up drilling at the Newman Todd project, where recent results included an intersection of 14.0 g/t Au over 7.3 meters . Additionally, Renegade will prioritize high-priority drill targets across its Red Lake propertie...

Astra Exploration Inc. wishes to update its shareholders of the Company's AGM scheduled for 10am Pacific Time on December 12, 2024. Due to the ongoing strike at Canada Post, many shareholders have not yet received AGM meeting materials. All AGM materials including proxy voting forms can be found on Astra's website at the following link: https://astra-exploration.com/investors/ Shareholders are encouraged to vote their shares as soon as possible. Signed proxy forms must be received no later than 10am Pacific Time on December 10th. For detailed instructions regarding voting options, please email info@astra-exploration.com with the subject line "Astra Dec 2024 AGM - Proxy Voting" and management will assist you in casting your vote. If shareholders wish to vote online, they can c...

Decade Resources Ltd. is pleased to announce that it has closed its previously announced flow through private placement. A total of 18,900,000 flow-through units were issued on a private placement basis at a price of 5 cents per unit, for aggregate gross proceeds of $945,000. Each unit comprised one flow through common share and one transferable non flow through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.08 per share, for a 24-month period. Proceeds from the sale of flow-through units will be utilized for incurring flow through expenses that qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures as defined in the Income Tax Act . Flow-through proceeds w...

Major Drilling Group International Inc. , a leading provider of specialized drilling services to the mining sector, today reported results for the second quarter of fiscal 2025, ended October 31, 2024. Quarterly Highlights: Revenue of $189.3 million, in line with the $190.0 million generated in fiscal Q1, but down 8.6% from $207.0 million in the same period last year. Adjusted gross margin of 30.5%, consistent with the 31.0% achieved in the same period last year as the Company remained focused on higher-margin specialized drilling. EBITDA of $38.7 million, down from $43.6 million in the same period last year. Net earnings of $18.2 million , down from $23.7 million in the same period last year. Net cash increased by $23.5 million to $100.4 million, enabling the Company to reac...

White Gold Corp. is pleased to announce a non-brokered private placement for gross proceeds of $4,500,000 consisting of the sale of a combination of : common shares in the capital of the Company that qualify as "flow-through shares" within the meaning of the Income Tax Act at a price of C$0.26 per share ; FT Shares that will also qualify for the federal 30% Critical Mineral Exploration Tax Credit at a price of $0.27 per share ; and Common Shares a price of C$0.22 per share . "We are very appreciative for the continued support for our exciting and impactful exploration activities to advance our significant gold deposit which is now one of the highest-grade open pit gold resources in Canada of such significant size owned by an exploration company, and other recent high-grade go...

79 Resources provides an update to its shareholders regarding the potential impact of an ongoing labour strike by the Canadian Union of Postal Workers on the Corporation's ability to adhere with its obligations to deliver its meeting materials to shareholders in connection to its upcoming annual general meeting of shareholders scheduled to be held on December 20, 2024 at 11:00 am P.S.T. at the offices of 1890 - 1075 West Georgia Street, Vancouver, BC V6E 3C9. As a result of the Strike, the Corporation has satisfied all the conditions outlined in NI 51-931 - Temporary Exemption from requirements in National Instrument 51-102 Continuous Disclosure Requirements and National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issue...

Battery Mineral Resources Corp. is pleased to announce that the Company has received a C$3,050,000 cash payment in connection with the closing of the previously announced royalty sale to Electric Royalties Ltd. , whereby Minera BMR SpA, the Company's wholly-owned Chilean subsidiary, has granted a 0.75% Gross Revenue Royalty on its producing Punitaqui copper mine in Chile in exchange for total cash consideration of C$3,500,000. The remaining C$450,000 is payable to Minera BMR SpA within 45 days of closing. See press release dated November 25th, 2024 for complete details of the royalty transaction. Martin Kostuik, Chief Executive Officer, stated, "BMR is very pleased and encouraged to work with Electric Royalties and would like to thank both teams for bringing thi...

Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today released its operations update for November 2024. "We achieved net increases in deployed self-mining hashrate and efficiency in November by bringing inefficient miners offline in preparation for our initial fleet upgrade and completing the development of our R&D facility at Salt Creek," said Asher Genoot, CEO of Hut 8. "These measures partially offset the impact of rising network difficulty on Bitcoin production, and we expect further performance gains in Q1 2025 as our initial fleet upgrade is expected to drive an improvement in average fleet efficiency to 19.9 joules per terahash." "We remain intently focused on growing our proprietary ...

Stuhini Exploration Ltd. announces its intention to extend the expiry date of previously issued common share purchase warrants to purchase up to 2,999,999 common shares at an exercise price of $0.35 per share . The Warrants were issued in connection with a non-brokered private placement of units , each Unit comprised of one common share and one-half of one Warrant. The offering closed in two tranches on December 20, 2022, and January 13, 2023, with 1,969,091 Warrants scheduled to expire on December20, 2024, and 1,030,908 Warrants to expire on January 13, 2025, respectively. If accepted by the TSX Venture Exchange, the Company will extend the expiry date of the Warrants issued under the December 20, 2022 and January 13, 2023 tranches to December 20, 2026, and January 13, 2027,...