First Idaho Resources announces the closing of a non-brokered private placement for aggregate gross proceeds of $195,000 through the issuance of 39,000,000 common shares of the Company at a price of $0.005 per Common Share. The Common Shares issued pursuant to the Private Placement are subject to a hold period under applicable securities laws in Canada expiring four months and one day from the closing date of the Private Placement. No finders' fees or other consideration was paid in connection with the Private Placement. Proceeds from the Private Placement will be used for the repayment of outstanding liabilities and for general working capital. MI 61-101 and Early Warning Disclosure Tony Wonnacott subscribed for $195,000 of the Private Placement. As a result of Mr. Won...

Quimbaya Gold Inc. is pleased to announce shareholders approved all resolutions at the annual general meeting of shareholders held earlier ?today. All individuals nominated for the board of directors were elected, being Alexandre P. Boivin, Alexandre de Beaulieu, Bill de Jong, Jean-Luc Peyrot, and Juan Sanchez. The Company welcomes Mr. Juan Sanchez to the board of directors. Mr. Sanchez has 10 years of experience as a manager in the mining sector. He has been active in commodities trading and financial services in Europe and South America. He is currently the Colombia Country Manager for the Swiss trading company Open Mineral AG. The Company also acknowledges former director Mr. Chris Gulka for his contributions over the last ?two years and wishes him continued success in his...

Clean Air Metals Inc. announces that it has filed its unaudited consolidated interim financial statements and management's discussion and analysis for the nine-month period ended October 31, 2023, available for viewing on www.sedarplus.ca. Financial Highlights Total assets as at October 31, 2023 of $39,854,603 Total cash as at October 31, 2023 of $6,991,212 Working capital as at October 31, 2023 of $7,490,011 Shareholder's equity as at October 31, 2023 of $36,362,547 Financial Summary For the three months ended For the nine months ended October 31, 2023 October 31, 2022 October 31, 2023 October 31, 2022 Operating Expenses $ 1,081,358 $ 1,244,247 $ 3,155,051 $ 3,352,677 Net Loss and Comprehensive Loss Loss per share - Basic and Diluted $ $ $ $ October 31, 2023 January 31, 2023...

Athena Gold Corp. is pleased to announce that it has closed its previously announced acquisition of 10,000,000 common shares in the capital of Nubian Resources Ltd., a company listed on the TSX Venture Exchange, from 2176423 Ontario Ltd. , a private company controlled by Eric Sprott. The Acquisition was made pursuant to a Share Purchase Agreement between Athena and the Vendor dated December 22, 2023, pursuant to which Athena acquired 10,000,000 common shares from the Vendor for consideration consisting of the issuance of 16,546,669 common shares in the capital of Athena . The 10,000,000 common shares acquired represent approximately 15.79% of the outstanding shares of Nubian on a non-diluted basis. The shares are free trading and represent the largest single own...

Not for distribution to United States Newswire Services or for dissemination in the United States Grid Metals Corp. is pleased to announce it has closed the second and final tranche of a non-brokered private placement which was announced on November 29, 2023 and December 5, 2023. In total the Company raised $5,058,882 in two tranches. The first tranche of 23,209,000 special flow-through common shares were issued at $0.18 for proceeds of $4,177,620 on December 22, 2023 . The second tranche of the Offering consisted of 4,000,000 Special Flow-through Shares at a price of $0.18 per share for proceeds of $720,000 and 1,151,143 ordinary flow-through common shares priced at $0.14 per share for proceeds of $161,202 . The Special Flow-Through Shares and the Ordinary Flow-Through Shares...

Alpha Exploration Ltd. is pleased to announce that the TSX Venture Exchange has agreed to extend the closing of the second tranche of its previously announced non-brokered private placement of units in the capital of the Corporation of up to $5,000,000.00 at a purchase price of $0.70 per Unit , for current total aggregate gross proceeds of $4,180,001.00 until January 31, 2024. The first tranche of the Offering closed after market close on December 7, 2023, as previously announced by the Corporation. The principal use of the proceeds of the Offering will be for funding ongoing exploration work on the Kerkasha Project in Eritrea, operating and administrative expenses, working capital and general corporate purposes. Certain Insiders of the Corporation may participate in the Offe...

Fremont Gold Ltd. is pleased to announce that its Board of Directors has approved the granting of stock options to management, advisors and consultants pursuant to the Company's stock option plan. The stock options entitle the holders to purchase a total of 1,100,000 common shares in the capital stock of the Company at a price of $0.09 per common share. The stock options have a term of five years and vest over a 24-month period. About Fremont Fremont's mine-finding management team has assembled a portfolio of potential world-class copper-gold mineral opportunities within the central Tethyan belt of Armenia, and controls two advanced gold exploration projects in Nevada. On behalf of the Board of Directors, Dennis Moore President and CEO, interim Chairman For further informatio...

Canadian North Resources Inc. ) is pleased to report the results from the processing of Borehole Time-Domain Electromagnetic surveys from deep West Zone drillholes FL22-481A and FL23-481B completed at its 100% owned Ferguson Lake Project in Nunavut, Canada. "The combination of the drilling and geophysical survey results confirms the continuing high grade prospectivity of the West Zone down-dip for over 200 metres at depths of 650 to >850 metres," said Dr. Kaihui Yang, President and CEO of the Company, "Further geophysical modelling is ongoing to define precisely new drill targets for follow up in 2024." As previously announced, the two geophysical surveyed drill holes, which were drilled from the same site during the 2022 and 2023 exploration programs, intersected excellen...

First Phosphate Corp. is pleased to announce that it has closed a second tranche of its non-brokered private placement financing , as further described in the Company's news release dated December 14 and 22, 2023. The offering including the Second Tranche were largely oversubscribed by a factor of 275%. As part of the Second Tranche, the Company issued 3,090,438 Hard-Dollar Units and 12,560,000 Flow-Through Shares for aggregate gross proceeds of $7,516,175 between the two tranches of Offering. "We are pleased by this large vote of confidence placed in First Phosphate by existing and new shareholders including a number of institutional investors," says Company CEO, John Passalacqua. "We are now in position to be able to drill this winter and begin uncovering the full extent of...

VANCOUVER, BC, Jan. 2, 2024 /CNW/ - The following issues have been halted by CIRO Company: Prospector Metals Corp. TSX-Venture Symbol: PPP All Issues: Yes Reason: Pending News Halt Time : 8:10 AM 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 pr...

Heritage Mining is pleased to announce a non-brokered private placement of units for gross proceeds of up to $500,000 and that it has been approved for a $200,000 grant from the Ontario Ministry of Mines under the Ontario Junior Exploration Program. Non-Brokered Private Placement The Company intends to issue, pursuant to a non-brokered private placement, up to 10,000,000 units of the Company at a price of $0.05 per Unit, for aggregate gross proceeds of up to $500,000 . Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant will entitle the holder to acquire one Common Share at an exercise price of $0.075 per Warrant Share until 4:30 pm on that date that is 24 months from ...

PPX Mining Corp. . Further to our press release dated September 20, 2023 , PPX is pleased to announce that on December 29, 2023 the Company and a major shareholder subscribed the Definitive Agreement for a US$ 6,000,000 debt facility to fund most of the capital cost for the CIL and flotation plant that the Company intends to build in its Igor Project , located in La Libertad, Peru. The plant will process oxides and sulfides currently mined from its high-grade Callanquitas Mine, and other important satellite deposits that constitute part of the Project in the near future. Terms and conditions summarized in the Initial PR. Brian Imrie, Executive Chairman commented "we are delighted to conclude the Definitive Agreement with our largest shareholder to fund the construction of our...

Elemental Altus Royalties Corp. announces the appointment of Vincent Benoit and Jack Lunnon from La Mancha Resource Capital LLP to the Board of Directors and the appointment of existing director John Robins as Chair of the Board. The appointments of Vincent Benoit and Jack Lunnon to the Board are made pursuant to the Company's investor rights agreement with La Mancha, and replace La Mancha's existing director nominee, Karim Nasr, and appoint La Mancha's second director nominee. Karim has resigned from the Board to focus on his appointment as CEO at another La Mancha Resource Fund SCSp investee company. Alongside these Board changes, John Robins has agreed to take the vacant role of non-executive Chair. Accordingly the Company will continue to have a Board of eight directors, ...