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 ...

Interra Copper Corp. announces that, further to its news releases of December 7th, 15th, and 19th, 2023, it has closed the final round of its flow-through private placement financing issuing an aggregate of 880,000 flow-through shares of the Company at a price of $0.29 per FT Share for aggregate gross proceeds of $255,200 . This Final Round was part of a larger offering, of which the first round closed December 15, 2023, at which time an aggregate of 3,041,397 flow-through shares of the Company were issued generating proceeds of $882,005 . Together, the First Round and Final Round issuances have raised an aggregate of $1,137,205 in gross proceeds . Each FT Share constitutes a "flow-through share" within the meaning of the Income Tax Act and the Proceeds will be used by the Co...

enCore Energy provides the Company's Year End Letter thanking shareholders for their support through a transformational year at America's Clean Energy Company™. With a clear path towards our objective to be a domestic uranium producer in the United States, enCore achieved a successful 2023. Our commitment to the selection and advancement of production-ready projects combined with strategic deployment of capital and the development of a multi-talented team has kept us quite busy this year. We are proud to successfully realize all our 2023 objectives and are now gearing up for a promising 2024. At the end of 2023, we find enCore operating at a time when the world is embracing n...

Puma Exploration Inc. announces that it has closed a non-brokered placement consisting of 2,000,000 Charity flow-through units at $0.145 per CFT Unit for gross proceeds of C$290,000. Each CFT Unit is comprised of one Charity flow-through share and one common share purchase warrant. Each whole warrant is exercisable to purchase one common share of the Company at $0.20 per share until December 22, 2025. The warrants are subject to an acceleration clause that entitles the Company to provide notice to holders that they will expire 30 days from the date the Company delivers the Acceleration Notice. The Company can only provide the Acceleration Notice if the closing price of the Company's Common Shares on the TSXV is equal to or greater than $0.45 for 30 consecutive trading days. T...

Franco-Nevada Corp. notes that its partner, First Quantum Minerals Ltd. , has provided an update in respect of its position regarding the next steps required for the responsible environmental stewardship of the Cobre Panama mine site and First Quantum's intention to pursue all appropriate legal avenues to protect its investment and rights. For more detailed information, please refer to First Quantum's news release dated December 22, 2023. Franco-Nevada will also pursue all appropriate legal avenues to enforce its rights and protect its investment in Panama. Forward-Looking Statements This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws and the United States Private Sec...

First Quantum Minerals Ltd. provides an update regarding the next steps required for the responsible environmental stewardship of the Cobre Panama mine. On December 20, Panama's Ministry of Commerce and Industries announced that it is pursuing a "closure plan" for Cobre Panama that will take several months to develop and will include a temporary phase of environmental preservation and safe management, conducting environmental, technical and legal audits, and the formation of a multidisciplinary expert panel. MICI stated that it expects to present the "closure plan" in June 2024. However, no legal basis for pursuing a "closure plan" has been provided to Minera Panama S.A. , a subsidiary of First Quantum. To date, MPSA has been unable to engage formally with the Government to cl...

O3 Mining Inc. is pleased to announce the closing of two transactions - with each of NewOrigin Gold Corp. and Globex Mining Enterprises Inc. - which will strengthen O3 Mining's presence in the Casa Berardi trend by consolidating the Kinebik project, as described below. O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented: "We are pleased to consolidate the Kinebik and Cameron properties into an exploration package along the Casa Berardi trend that we expect will have strategic benefits for the long-term operations of the Corporation. Consistent with our core exploration strategy, this transaction is an extension of our mission to explore and develop the major geologic faults in Québec. Ou...