Northstar Gold Corp. , announces the Company has closed a second tranche of the previously announced non-brokered Critical Minerals private placement of units on an oversubscribed basis. The second tranche consisted of 5,816,659 Critical Minerals Eligible Flow-Through Units, for a total of $348,999.54. This is in addition to a first tranche consisting of 6,150,000 Critical Minerals Eligible Flow-Through Units of gross proceeds of $390,000.10 previously announced on December 14, 2023. After giving effect to this tranche, a total of $738,999.64 has been raised, exceeding the original minimum Critical Minerals Eligible Flow-Through Units target of $600,000. Flow-Through Units were priced at $0.06 and comprised of one common share of the Company and one share purchase warrant. Ea...

Electra Battery Materials Corp. is pleased to announce that Mr. David Allen, CPA, CA, has been appointed as Chief Financial Officer of the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231228947176/en/ Electra's refining complex, located north of Toronto, Canada "David brings tremendous experience and a proven record of strategic decision making. He will be a valuable contributor in guiding our Company forward as we complete construction of the first battery materials refinery in North America," said CEO Trent Mell. "Starting in 2024, electric vehicles containing components from battery supply chain partners with 25% Chinese ownership will no longer qualify for the $7,500 EV tax credit. This recent develo...

Kuya Silver Corp. announces it has closed a non-brokered flow-through private placement for aggregate gross proceeds of CAD$450,240 with a single investor. Under the Offering, the Company issued flow-through units at a price of CAD$0.28 per FT Unit. Each FT Unit is comprised of one common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act and one-half of one non-transferable common share purchase warrant . Each Warrant entitles the holder to purchase one non-flow-through common share in the capital of the Company at price of CAD$0.37 per Common Share until December 28, 2025. The proceeds from the Offering will be used for expenditures that qualify as Canadian Exploration Expenses, within the meaning of the Incom...

Pan American Energy Corp. is pleased to announce that it has closed its previously announced non-brokered charity flow-through private placement of common shares of the Company for gross proceeds to the Company of C$899,999.76. Offering Pursuant to the Offering, the Company issued 1,363,636 "flow-through" common shares of the Company at a price of $0.66 per Flow-Through Share. The Flow-Through Shares issued under the Offering are intended to qualify as "flow through shares" within the meaning of the Income Tax Act . The gross proceeds raised from the Offering are expected to be used by the Company to incur eligible "Canadian exploration expenses" that are intended to qualify as "flow-through critical mineral mining expenditures", as such terms are defined in the Tax Act, rela...

Ultra Lithium Inc. is pleased to announce that the Company has completed all purchase payments for the Laguna Verde I, II and III licences . The Company has received a notarized deed of sale and has applied to the Catamarca Mining Office to register the title transfer from the vendor to Ultra Lithium's wholly owned subsidiary in Argentina, Ultra Argentina SRL. Highlights of the Laguna Verde Brine Lithium Project In January 2023 Drill hole LV22-04 at location S 25° 18' 51,3"; W 67° 57' 55,7" was drilled down to 227 meters and assayed up to 417 parts per million lithium from two rounds of sampling completed in January - February 2023 . Earlier, the geophysical study of well LV22-01 at location S 25°, 19', 12.40"; W 67°, 56', 58.05 indicated the presence of a continuous single b...

American Lithium Corp. announces that it has been notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings relating to the title of 32 disputed concessions out of a total of 174 owned by the Company's subsidiary, Macusani Yellowcake . If jurisdiction is established, INGEMMET and MINEM will attempt to persuade the Supreme Court to overturn the recent Superior Court ruling in favor of Macusani. Key facts: The Supreme Court normally only hears cases where the law is claimed to have been misapplied, where a mistrial has occurred or where a matter of national security is at stake; More than 75% of petitions to the Supreme Court are rejected before being heard because they do not meet the required threshold and the...

IsoEnergy Ltd. has agreed to settle a portion of the interest payments due to Queen's Road Capital Investment Ltd. as at December 31, 2023 in Common Shares. Pursuant to the unsecured convertible debenture dated August 18, 2020 between QRC and the Company , as at December 31, 2023, the Company will owe QRC interest in the amount of US$255,000 of which US$74,998.84 will be settled with the issuance of 26,978 common shares of the Company , at a deemed price of US$2.78. Pursuant to the unsecured convertible debenture dated December 6, 2022 between QRC and the Company , as at December 31, 2023, the Company will owe QRC interest in the amount of US$200,000 of which US$49,998.30 will be settled with the issuance of 17,985 Shares, at a deemed price of US$2.78. Under the terms of both...

Abitibi Metals is pleased to announce that it has closed its non-brokered private placement raising gross proceeds of $10,000,000.30 through the issuance of (i) 13,571,429 charity flow-through common shares priced at C$0.70 per CFT Share, and (ii) 833,333 flow-through common shares priced at C$0.60 per FT Share. Jonathon Deluce, CEO of Abitibi Metals, stated, “We are very grateful for the support Abitibi Metals has received from new and past shareholders. With a treasury of over fifteen million, Abitibi is now positioned to commence on the most aggressive drill program our company has embarked on to date, with 30,000 metres fully funded for 2024. The closing of this financing secures Abitibi’s future with the high-grade B26 Polymetallic Copper Project as we will complete the work requirements of our first four-year option within the first year, three years ahead of schedule.”

Mr. Deluce continued: “Our objective in the upcoming year will be to build on the previous 115,311 metres drilled to delineate the open-pit potential of the B26 deposit, while concurrently advancing and expanding the existing underground resource as we progress towards our goal of delivering a robust economic high-grade copper resource. Drilling is anticipated to commence shortly in January, and the Company will provide an update shortly to detail the plans for its fully funded phase one drill program.”

The FT Shares and CFT Shares qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”).

The gross proceeds from the Offering will be used to incur “Canadian exploration expenses” that are “flow-through mining expenditures” (as such terms are defined in the Income Tax Act (Canada)) related to the Company’s projects in Québec.

The Company paid finders fees totaling $364,957.67 cash and 365,751 finder’s warrants (the “Finder’s Warrants”) in connection with the closing of the Offering to various eligible finders. The Finder’s Warrants are exercisable at C$0.70 per share for a period of 24 months from the closing date of the Offering. Eventus Capital Corp. was appointed as a finder in connection with the Offering.

The securities issued in connection with the Offering are subject to the Company’s filing requirements with the Canadian Securities Exchange, and all securities will be subject to a four-month statutory hold period after closing.

About Abitibi Metals Corp.:

Abitibi Metals Corp. is a Quebec-focused mineral acquisition and exploration company focused on the development of quality base and precious metal properties that are drill-ready with high-upside and expansion potential. Abitibi’s portfolio of strategic properties provides target-rich diversification and includes the high-grade B26 Polymetallic Copper Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq) and the Beschefer Gold Project, where historical drilling has identified 4 historical intercepts with a metal factor of over 100 g/t gold highlighted by 55.63 g/t gold over 5.57 metres and 13.07 g/t gold over 8.75 metres amongst four modelled zones.



ON BEHALF OF THE BOARD

Jonathon Deluce, Chief Executive Officer

The reorganization plan sponsored by Hut 8 Corp. , , one of North America's largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, filed in the Celsius Network LLC bankruptcy proceedings was approved by the United States Bankruptcy Court for the Southern District of New York. The plan provides for the transfer of Celsius Network LLC's mining operations to a newly-created "MiningCo," with Hut 8 managing MiningCo's mining operations under a four-year mining management agreement. "The mining plan that was presented to the creditors and the courts is strong and sound, and we look forward to proceeding with construction imminently at the Cedarvale, Texas site, and managing four additional sites once the process closes in the first quarter...

Gabriel Resources Ltd. announces the exercise for cash of 871,400 outstanding warrants to purchase common shares at a price of $0.39 per share . The Company has received consideration of $339,846 in respect of those 2020 Warrants exercised. Gabriel has the following securities outstanding: 1,035,976,840 common shares; 25,723,372 warrants which are exercisable at a price of $0.49 and expire on January 15, 2024; 76,504,263 warrants which are exercisable at a price of $0.645 and expire on August 23, 2024; and 5,225,970 warrants which are exercisable at a price of $0.645 and expire on September 13, 2024. For information on this press release, please contact: Dragos Tanase President & CEO Phone: +40 730 399 019 dt@gabrielresources.com Richard Brown Chief Financial Officer Mobile: +4...

Element 79 Gold is pleased to announce that it has closed its private placement for gross proceeds of $600,000, as previously announced on December 19, 2023. Element79 issued 5,309,735 Common shares under the Offering at a price of $0.113 per share, The securities issued pursuant to the Offering will be subject to a four-month plus one day "hold period" expiring April 29, 2024, as prescribed by applicable Canadian securities laws. The Company intends to use the net proceeds from the Offering for general corporate purposes. The Company did not incur any finders' or brokers' fees in connection with the Offering. James Tworek, CEO and Director of Element79 Gold Corp. cited: "We are grateful for this investment and announcing it today is a fantastic way...

Snowline Gold Corp. is pleased to provide a summary of key activities and achievements over the past calendar year. The scale and strength of the Valley gold target on the Company's Rogue Project has quickly come into focus on the back of a safe, productive and efficient 16,000 m drill program at Valley, with clear upside potential both at the target level and the regional scale. All five of five Phase I drill programs completed by the Company in this district on five different targets to date have hit instances of visible gold and zones of anomalous gold mineralization, demonstrating widespread regional fertility. In total, the Company drilled 22,000 m in 2023 across 6 targets. Extensive surface exploration has advanced additional untested targets and led to the identificati...

Murchison Minerals Ltd. is pleased to announce that further to its press release dated December 14th, 2023, the Company has closed the first tranche of its CAD $1.5 million non-brokered private placement as detailed below. The Company issued 9,040,000 Hard Dollar units at a price of $0.05 per HD Unit, and 10,636,500 National flow-through units at a price of $0.055 per NFT Unit, to raise aggregate gross proceeds of CAD $1,037,007.50. Each Unit was comprised of one common share of the Company and one-half of a common share purchase warrant and each NFT Unit were comprised of one flow-through common share of the Company and one-half of a Warrant. Each whole Warrant shall be exercisable to acquire one additional Common Share at a price of $0.08 for a period of 24 months expiring ...