Torex Gold Resources Inc. announces that the successful breakthrough of the Guajes Tunnel was completed last night. Breakthrough of the Guajes Tunnel represents a key de-risking milestone in the development of the Media Luna Project as the tunnel unifies the Morelos Complex by connecting the existing operations on the north side of the Balsas River with the growing resource base of the Media Luna Cluster on the south side. Jody Kuzenko, President and CEO of Torex, stated: "Breakthrough of the Guajes Tunnel is a critical milestone in the development of the Media Luna Project, which remains on track for first concentrate production in late 2024. The Guajes Tunnel will be the primary conduit for transporting ore and waste from the Media Luna deposit on the south side of the Bals...

Northisle Copper and Gold Inc. announced that NorthIsle's Board of Directors has approved the issuance of 2,175,300 stock options pursuant to the Company's incentive stock option plan . The Options provide for the purchase of an aggregate of 2,175,300 common shares of the Company at an exercise price of $0.40 per share, which is the closing price for the Common Shares on the TSX Venture Exchange as of December 21, 2023. All of the Options have a 5 year term and vest one third per year commencing December 21, 2023, except for Options granted to an investor relations employee which vest one third per year commencing December 21, 2024. In addition, the Board of Directors has approved the issuance of 300,000 deferred share units and 367,800 restricted share units , pursuant to the Company's Sh...

Star Diamond Corp. notes that in response to a significant number of enquiries received from existing shareholders regarding their eligibility to participate in the financing announced Dec 15, 2023, the Company provides the following clarification: The Company advises that if you are an existing shareholder interested in participating in the Offering at a minimum subscription amount of $10,000, please contact Star Diamond Corp. by email at stardiamondcorp@stardiamondcorp.com to discuss exemptions available for you under existing securities law. The Offering will consist of any combination of units of the Company at a price of C$0.09 per Unit; and "flow-through" units of the Company ...

CSE:NF OTCQX:NFUNF Nuclear Fuels Inc. today stated, on behalf of the Board of Directors and management of Nuclear Fuels Inc., that we thank you for your support throughout our first year of business. It has been a busy year with the completion of the Reverse Take Over of a publicly-traded company providing us with the opportunity to become a CSE listed company in July. This, in combination with the opportunistic expansion of our uranium portfolio in Wyoming, while still maintaining a clear focus on the Kaycee Project, has demonstrated some of our key strengths. We are quickly becoming a recognized force in a market embracing uranium and nuclear energy. As we have seen, the world is supporting nuclear fuel as a clean, reliable and safe, zero-carbon fuel source in...

SRQ Resources is pleased to announce the closing of a non-brokered private placement. The Corporation has issued a total of 6,015,410 shares of the Corporation for aggregate gross proceeds of C$1,130,741. The Offering comprised two tranches, as follows: Tranche 1 - Common Shares: 406,250 Common Shares at a price of C$0.16 per Hard Dollar Share for gross proceeds of C$65,000; and. Tranche 2 - Flow-Through Shares: 5,609,160 Common Shares that qualify as "flow-through shares"

Ares Strategic Mining is pleased to announce closing a State of Utah backed financing of over $14,000,000 CAD, for the purposes of purchasing, constructing, and commissioning a new, advanced, and the only one of its kind in the country, acidspar manufacturing facility. The Company is seeking to rebuild the U.S. fluorspar industry, which has elicited enormous help from the government, which referred the Company to both the USDA loan closed earlier this year, and the State of Utah's Private Activity Bond Program. This program is Utah's tax-exempt bonding authority creating a lower cost, long-term source of capital under the Federal Tax Act of 1986. The Company was referred to the Program by the State of Utah through its business development ch...

For any questions, please contact Calibre's strategic shareholder advisor and proxy solicitation agent, Laurel Hill Advisory Group, toll free at 1-877-452-7184 or by email at assistance@laurelhill.com. VANCOUVER, British Columbia, Dec. 22, 2023 -- Calibre Mining Corp. is pleased to announce that the Company intends to file and mail its management information circular dated December 11, 2023 and related meeting and proxy materials today in connection with the virtual-only special meeting of holders of common shares of Calibre scheduled to be held on January 16, 2024. The purpose of the Meeting is to seek approval for the issuance of Calibre Shares as consideration in connection with a plan of arrangement under the Canada Business Corporations Act whereby Calibre will acquire a...

Marathon Shareholders to receive a meaningful premium and will continue to participate in the Valentine Gold Project. Marathon's Board of Directors unanimously recommends voting in favour of the proposed combination with Calibre. Shareholders are encouraged to vote well in advance of the proxy deadline of January 12, 2024 at 10:00 a.m. . For any questions, please contact Marathon's proxy solicitation agent and shareholder communications advisor, Laurel Hill Advisory Group, toll free at 1-877-452-7184 or by email at assistance@laurelhill.com. TORONTO, Dec. 22, 2023 -- Marathon Gold Corp. is pleased to announce that it intends to mail and file its management information circular dated December 11, 2023 and related meeting and proxy materials today in connection with the special...

Northwest Copper Corp. is pleased to announce the closing of the second tranche of the previously announced Concurrent Private Placement that the Company is undertaking in conjunction with the Rights Offering. The total amount the Company is seeking to raise is no more than $4,000,0001. The first tranche consisted of 2,145,250 common shares of the Company for gross proceeds of approximately $225,251 and closed on December 11, 20231. The second tranche consists of 2,752,000 common shares of the Company for gross proceeds of approximately $288,960. Further tranche closings will occur up to, and subsequent to, the closing of the Rights Offering. The Rights Offering information circular and notice can be accessed under the Company's profile on SEDAR+ and at: https://northwestcopp...

Barrick Gold Corp. - Following the formal completion of the Porgera Project Commencement Agreement today, work has started on the recommissioning of the Porgera gold mine in Papua New Guinea, which has been in care and maintenance since April 2020. This work is expected to be completed over the next few weeks, paving the way for mining and processing to restart in the first quarter of 2024. Barrick president and chief executive Mark Bristow, who was closely involved in the negotiations that eventually delivered the restart agreement, said the mine's new ownership structure was in line with the company's host country partnership business model. Operated by Barrick through Barrick Niugini Limited , a joint venture with Zijin Mining, Porgera joins the company's sector-leading gold...

Subscribers in the Private Placement Include Certain NioCorp Officers and Directors NioCorp Developments Ltd. , is pleased to announce that the Company has closed its previously announced non-brokered private placement for an upsized amount of an aggregate of 413,432 units of the Company at a price of US$3.08 per Unit, provided that certain officers and directors of the Company subscribed at a price of US$3.205 per Unit, which price includes US$0.125 per Warrant underlying each Unit purchased by the Insider Investors and allowed the Insider Investors to participate in the Private Placement in accordance with the rules of The Nasdaq Stock Market LLC , for aggregate gross proceeds of approximately US$1.29 million. Each Unit issued under the Private Placement consists of one com...

Rio Tinto has appointed Martina Merz and Sharon Thorne as non-executive directors. Martina Merz will join the Board on 1 February 2024 and will therefore stand for election at the annual general meetings of the company in 2024. Sharon Thorne will join the Board on 1 July 2024 and will therefore stand for election at the annual general meetings of the company in 2025. Martina Merz, a German citizen, brings extensive leadership and operational experience, most recently as CEO of industrial engineering and steel production conglomerate ThyssenKrupp. She has held numerous leadership roles, including at Robert Bosch GMBH and at Chassis Brakes International. Martina also has extensive listed company experience, currently serving on the Board of AB Volvo and the Supervisory Board of Siemens AG. S...

Brunswick Exploration Inc. wishes to announce that the Company's Board of Directors have approved the grant of incentive stock options to the VP Development and key consultants to purchase up to an aggregate of 150,000 common shares in the capital stock of the Company. Grants are subject to a three-year vesting period and a five-year term at an exercise price of $0.80 per share. About Brunswick Exploration Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The Company is rapidly advancing the most extensive grassroots lithium property portfolio in Canada. Investor Relations/...