is pleased to announce that it has completed a non-brokered private placement for gross proceeds of $940,500 . Pursuant to the Private Placement, Harfang issued an aggregate of 2,733,333 flow-through common shares as a part of a charity arrangement at $0.30 per Charity FT Share and 573,811 flow-through common shares at $0.21 per FT Share. "We are excited to welcome a new institutional shareholder to Harfang and would like to thank the continued support of our existing shareholders participating in this placement," said Rick Breger, President. "With this additional liquidity, we further reinforce our optionality and financial flexibility. We, at Harfang, are all looking forward to an exciting 2024 and wish all our stakeholders and happy and safe Holiday Season." The proceeds from the Priva...

Besra Gold Inc. is pleased to announce that it has successfully completed the production of gold concentrate from its Bau Gold Project in accordance with its obligation to Quantum Metal Recovery Inc contained within the Gold Purchase Agreement that was approved by Besra shareholders on 25 July 2023. Under the terms of the GPA, Besra undertook to produce gold in mineral concentrate by no later than 31 December 2023. PROCESSING METHODOLOGY Bulk samples of mineralisation were collected at random from the Jugan Project site, chosen because it is the most advanced of the gold projects located within the Bau Goldfield. These bulk samples were then shipped to a third-party processing facility, which had been specifically identified because: it was designed to process the same style o...

POWR Lithium Corp. , a mineral exploration and development company focused on American lithium deposits to support domestic demand, is pleased to provide the initial results from a four-hole, 2,899 feet HQ core program. The Halo project is located less than 3 kilometres northwest of Tonopah, NV and surrounded by several lithium-exploration companies with published resources or, at least, discoveries . Highlights: Results from the first drill hole reveal lithium concentrations as high as 1,735 ppm Li. Lithium-bearing claystone and siltstone were intersected in a 125.4 ft thick package with an average grade of 938.1 ppm Li, starting at 187.0 ft . The initial hole was drilled to a total depth of 503.9 ft . Interval contained within broader envelope between 92.8 to 331.0 feet of ...

Vancouver, December 22, 2023 - First Tellurium Corp. announces it has closed the second and final tranche of a non-brokered private placement previously announced on October 3, 2023. The Company has issued 1,250,000 units for gross proceeds of $125,000. Together with the first tranche closing announced October 30, 2023 for $391,800 , and the second tranche closing of announced December 22, 2023 for $33,500 , the Company has raised a total of $222,500 from the sale of 2,225,000 units and $202,800 from the sale 1,690,000 flow through shares. No commissions or finders fees were paid in connection with the Second Tranche closing. All securities issued in connection with the Third Tranche closing are subject to a hold period expiring April 23, 2024, in accordance with applicable s...

Barsele Minerals Corp. announces that it has granted an aggregate of 2,700,000 incentive stock options to directors, officers, and consultants to purchase up to 2,700,000 common shares in the capital of Barsele. The incentive stock options have an exercise price of $0.17 per share, expire five years from the date of grant, and vest immediately. As a result of this option grant, Barsele has 7,237,500 stock options outstanding, representing 5.2% of the issued and outstanding share capital of the Company. ABOUT THE COMPANY Barsele is a Canadian-based junior exploration company managed by the Belcarra Group, comprised of highly qualified mining professionals. Barsele's main property is the Barsele Gold Project in Västerbottens Län, Sweden, a joint venture with Agnico Eagle. An am...

Tisdale Clean Energy is pleased to announce that it has closed the first tranche of its non-brokered private placement and has issued 4,305,556 units at a price of $0.18 per Unit for gross proceeds of $775,000. Each "Unit" consists of one common share of the Company and one share purchase warrant exercisable at a price of $0.30 until December 22, 2025. The proceeds from the Offering will be used for general working capital purposes. In connection with completion of the first tranche of the Offering, the Company paid $6,300 and issued 35,000 share purchase warrants to an arms-length brokerage firm who assisted in introducing subscribers to the Offering. Each Brokers Warrant is exercisable at a price of $0.30 until December 22, 2025. All s...

Dec. 22, 2023 /CNW/ - Group Eleven Resources Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $3,000,000, through the sale of 25,000,000 units of the Company at a price of $0.12 per Unit . All currency in this news release is denominated in Canadian dollars. Each Unit consists of one common share in the capital of the Company and one-half of one non-transferable common share purchase warrant . Each Warrant entitles the holder to purchase one additional common share in the capital of the Company for a period of 24 months from the date of issue at an exercise price of $0.18 per Warrant Share. In connection with the Private Placement, the Company issued 195,100 finder's warrants and paid cash ...

West Oak Gold Corp. is pleased to announce that further to its news releases dated November 27, 2023, and December 11, 2023, it has closed the non-brokered private placement financing of 6,410,000 units of the Company at a price per Unit of C$0.05 for aggregate gross proceeds of C$320,500. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant is exercisable to acquire one additional common share in the capital of the Company at an exercise price of C$0.05 for a term of three years from the date of issuance thereof. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions , 3,200,000 of the Units issued were offered for sale to purc...

Vortex Energy Corp. is pleased to announce that it has closed the "flow-through" portion of its previously announced non-brokered private placement for gross proceeds to the Company of C$999,490.28. The Company expects to close the non-flow-through portion of its previously announced non-brokered private placement on or about December 29, 2023. For further details about the Non-FT Offering, please see the Company's news release dated November 28, 2023 Pursuant to the FT Offering, the Company issued 2,324,396 units of the Company at a price of $0.43 per unit , with each Flow-Through Unit comprised of one flow-through common share and one non-flow-through common share purchase warrant of the Company entitling the holder to acquire one non-flow-through common share at a price of...

Stallion Uranium Corp. is pleased to announce that it has closed a non-brokered private placement offering for total gross proceeds of $300,000 . The Company has allotted and issued 1,250,000 flow-through units at a price of $0.24 per unit . Each FT Unit is comprised of one flow-through common share, as defined in subsection 66 of the Income Tax Act as presently constituted, which shall qualify for the federal 30% Critical Mineral Exploration Tax Credit, as defined in subsection 127 of the ITA and one-half of one common share purchase warrant . Each Warrant will entitle the holder to purchase one non-flow through common share for a period of two years at a price of $0.30 per share. In relation to the Private Placement, the Company has paid finder's fees of $21,000 and issued ...

Osino Resources Corp. is pleased to announce that it has completed the initial tranche of its previously announced non-brokered private placement of common shares of the Company to Dundee Precious Metals Inc. . The Company issued 4,424,779 Common Shares to DPM at a price of C$1.13 per Common Share for aggregate gross proceeds to the Company of C$5,000,000.27. The initial tranche of the Offering was completed in connection with the arrangement agreement dated December 17, 2023 between Osino and DPM , whereby DPM will acquire all of the issued and outstanding common shares of Osino pursuant to a court-approved plan of arrangement. After giving effect to the initial tranche of the Offering, DPM holds an aggregate of 8,235,379 Common Shares, representing approximatel...

Besra Gold Inc. advises that Mr. John Seton has resigned today as a Besra Director. The Board wishes to thank Mr. Seton for his dedicated contribution to the Company over many years and looks forward to his continued support of Besra. The Board of Besra Gold Inc. authorised this ASX release. For further information: Australasia Michael Higginson Company Secretary Email: michael.higginson@besra.com North America James Hamilton Investor Relations Services Mobile: +1 416 471 4494 Email: jim@besra.com ASX : BEZ ARBN : 141 335 686 E: hq@besra.com T: +61 42 999 5000 W: www.besra.com A: 45 Ventnor Ave, Perth Western Australia, 6005. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/192248...

Fokus Mining is pleased to announce that it has held the closing of its previously-announced private placement by issuing 11,250,000 units at a price of $0.04 per Unit, for gross proceeds to Fokus of $450,000. Each Unit is comprised of one common share of Fokus and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share of Fokus at a price of $0.06 until December 22, 2027. Fokus intends to use the net proceeds from the private placement for a drilling program on its Galloway property located in the Province of Québec, for geological advisory services and for working capital purposes. Below is a summary of the major categories applied to the gross proceeds as requir...