Manganese X Energy Corp. is pleased to announce it that it has closed a non-brokered private placement financing issuing an aggregate of 8,230,000 flow-through common shares of the Company at a price of $0.11 per FT Share, thereby raising total gross proceeds of $905,300 . Each FT Share constitutes a "flow-through share" within the meaning of the Income Tax Act and the Proceeds will be used by the Company for exploration and related programs, which qualify as "Canadian exploration expenses" and "flow-through critical mineral mining expenditures", as such terms are defined in the Tax Act, in respect of Manganese X's Battery Hill Project in New Brunswick. In connection with the Private Placement, the Company paid cash commissions totalling $63,371 and issued a total of 576,099 ...

NewOrigin Gold Corp. is pleased to announce the closing of the sale of the remaining Kinebik mineral claims to O3 Mining Inc. , as further described in news releases of the Company dated June 13 and May 17, 2023. A resolution approving the Second Closing was passed by 91.64% of the votes cast by disinterested shareholders at the annual general and special meeting of shareholders of the Company held on December 8, 2023. NewOrigin has completed the Second Closing by transferring 166 mining claims, being the balance of the Kinebik mineral claims to O3 for consideration of 58,935 common shares of O3 . Pursuant to the Second Closing, NewOrigin will have no further interest in the Property. The Shares issued pursuant to the Second Closing are subject to a statutory four-month and on...

Robex Resources is pleased to announce a 43-101 Mineral Resources Estimate Update for the Mansounia deposit and start of an optimized Feasibility Study for Q2 2024, to prioritize workstreams to bring Mansounia in the Kiniero project and review the impact on the project timeline; and extension of the existing US$ 35m Bridge Facility with Taurus Mining Finance Fund No. 2, L.P. alongside their support for the US$ 115m Project Finance Facility . Highlights of the Mansounia 2023 Mineral Resources Estimate update include: The total contained gold for Mansounia Inferred Mineral Resources on a standalone basis has increased by +169% compared to the previous 2022 Kiniero Gold Project Feasibility Study MRE on Mansounia. The 2023 MRE update for Mansounia increases the total containe...

Goliath Resources Ltd. is focused on further expanding its new high-grade gold Surebet discovery at its 100% controlled Golddigger Property that covers an area of 64,264 hectares . It's located in a world class geological setting of the Eskay Rift within the prolific Golden Triangle of British Columbia and within 3 kilometers of the 'Red Line' that is host to multiple world class gold deposits. Goliath has completed over 65,000 meters of diamond drilling to date. It has confirmed a 1.8 square kilometer area that hosts multiple highly mineralized stacked zones containing Bonanza Gold grades that remains open. It has exceptional metallurgy with gold recoveries of 92.2% inclusive of 48.8% free gold from gravity alone . To learn more about Goliath's exciting new discovery, we wou...

Bunker Hill Mining Corp. announces that it has elected to issue an aggregate of 7,392,859 shares of common stock of the Company to certain holders of 7.5% convertible debentures and 10.5% convertible debentures in full satisfaction of the interest payable thereunder as of December 31, 2023 in the aggregate amount of USD$517,500 . The Convertible Debentures mature on March 31, 2026. In accordance with the terms of the Convertible Debentures, the Company will issue the Interest Shares at a price of USD$0.07 per Interest Share based on 90% of the 10-day volume weighted average trading price of the shares of common stock of the Company on the TSX Venture Exchange on the trading days beginning on December 8, 2023 and ending on December 21, 2023 . In connection with the Interest Pa...

Targa Exploration is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of $2,448,690.15. I would like to thank our new and existing shareholders for their strong support in this oversubscribed financing, commented Cameron Tymstra, CEO of Targa. "With the signing of the Definitive Agreement and a full treasury, Targa is very well positioned moving into 2024 to make advances across our exciting portfolio of lithium exploration assets. Our team will be spending most of Q1 analysing data from 2023 and making plans for an aggressive exploration season." In connection with the completion of the Offering, the Company issued 5,445,334 hard dollar units of the Company at a price of $0.15 ...

Avante Mining is pleased to announce that, subject to the final approval of the TSXV, the Company has closed a non-brokered private placement of 11,666,670 units at a price of $0.06 per Unit for gross proceeds to the Company of $700,000. Each Unit consists of one common share and one half of one transferrable common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional Share in the capital of the Company at a price of $0.12 per Share, for a period of twenty-four months from the date of issuance. Adrian Smith, CEO, comments, "We are pleased to engage strategic investors interested in the long-term success of the Company as we focus our efforts on nickel and critical metals essential to the energy transition. We...

Kainantu Resources is pleased to announce that it has closed the first tranche of its previously announced private placement financing of C$2,000,000, originally announced on Nov 23, 2023. Under the first tranche of the Offering, the Company has issued an aggregate of 87,500,000 common shares of the Company at a price of C$0.02 per Share to raise gross proceeds of C$1,750,000. The Common Shares issued pursuant to the Offering are subject to a statutory hold period of approximately four months ending on April 23, 2024, in accordance with applicable securities law. A second and final tranche of the Offering of up to an additional approximately C$250,000 remains open and is expected to close in January 2024. The net proceeds of the Offering will be used as follows: ...

Pan Global Resources Inc. announces that the Company's Board of Directors has approved annual grants under the shareholder-approved Omnibus Equity Incentive Compensation Plan of 2,037,500 incentive stock options to officers, directors, employees, and consultants to the Company; and of 800,000 Restricted Share Units to senior management of the Company. The incentive stock options entitle the holders to purchase the equivalent number of common shares of the Company at a price of $0.20 per common share for a period of five years from the date of grant. The options will vest as follows: 25% on grant, followed by an additional 25% on each of the 6-month, 12-month, and 18-month anniversaries from the date of grant. The RSUs will vest over 18 mont...

Ucore Rare Metals Inc. is pleased to announce amendments to and the extension of certain debt agreements with Orca Holdings, LLC that were agreed to on December 22, 2023. "We are pleased with Orca's vision and desire to support a longer-term creditor position in the Company," stated Pat Ryan, Ucore Chairman & Chief Executive Officer. "The timelines associated with these credit agreement amendments work in step with Ucore's long term business objectives as we continue to make good progress with the Company's strategic plan. China's recently announced ban on the export of rare earth separation technologies underscores the importance of this key node in the supply chain and we feel that Ucore is very well positioned to contribute to an independent North American supply of these c...

Fathom Nickel Inc. is pleased to announce that it has closed the first tranche of its non-brokered offering of flow-through units and non flow-though units , previously announced on December 4, 2023. Pursuant to the Offering the Company issued 23,213,431 flow-through common units at a price per FT Unit of $0.13 for gross proceeds of $3,017,746, and 3,312,095 non-flow through Units at a price per NFT Unit of $0.11 for gross proceeds of $364,330. Combined gross proceeds of the Offering was $3,382,076. The second tranche of the Offering, expected to be a combination of approximately $1,200,000 charity flow-through units and NFT Units, is expected to close during the second week of January 2024. Each NFT Unit consists of one Common Share and one transferable Common Share purchase...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 5, 2023 to its short form base shelf prospectus dated November 21, 2023 Global Atomic Corp. ; ; is pleased to announce the closing of its non-brokered private placement announced December 18, 2023. The Investment was oversubscribed and consists of 6,000,000 units of the Company at a price of C$2.50 per Unit for aggregate gross proceeds of C$15 million. No commissions or finders fees were payable in connection with the Investment. Proceeds of the Investment will be used for the continued development of the Company's Dasa Project in the Republic of Niger, working capital and general corporate purposes. Global Atomic worked with Regent Mercantile Holdi...

Torq Resources Inc. announces that certain terms of its marketed public offering announced on November 8, 2023 are being amended due to market conditions. The offering price of the equity units has been adjusted to C$0.23 per Unit, with each Unit now comprised of one common share and one common share purchase warrant exercisable at $0.30 for three years from the closing date of the Offering. Closing is currently targeted for January 4, 2024. The financing has also been restructured so that the aggregate minimum subscription of $4,000,000 now consists of a minimum of $2,700,000 for the prospectus qualified Offering and $1,300,000 Units in a concurrent private placement. The private placement has fundamentally the same terms as the Offering and is to be taken up by Gold Fields ...