Stratabound Minerals is pleased to announce a non-brokered financing for $1,500,000 by issuing 60,000,000 units at $0.025 per unit. Each $0.025 unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at an exercise price of $0.05 per common share for a period of two years following the date of closing. The Company may accelerate the expiry date if the shares trade at $0.30 or more for a period of 10 days, including days where no trading occurs. The closing of the offering is expected to occur one business day following receipt of all required regulatory approvals. The offering may be closed in one or more tranches. The total number of units issued in connection with the offering may...

Cleveland-Cliffs announced today that it has appointed renowned private equity executive, labor and political advisor Ron Bloom to its Board of Directors, effective immediately. With the addition of Mr. Bloom, the Cleveland-Cliffs' Board of Directors is now comprised of eleven members, of which ten are independent directors. After graduating with Distinction from the Harvard Business School, Ron Bloom started his career as an investment banker at Lazard, a firm he later re-joined as Vice Chairman, U.S. Investment Banking. After his first tenure at Lazard, Mr. Bloom represented the interests of organized labor, including serving as Special Assistant to the President of the United Steelworkers from 1996 to 2009. In 2002, Mr. Bloom played an active role in the sale of the assets of LTV Steel ...

TORONTO, Jan. 3, 2024 /CNW/ - Trading resumes in: Company: First Quantum Minerals Ltd. TSX Symbol: FM All Issues: No Resumption : 11:41 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specific halt beyond what is...

TORONTO, Jan. 3, 2024 /CNW/ - The following issues have been halted by CIRO: Company: First Quantum Minerals Ltd. TSX Symbol: FM All Issues: No Reason: Single Stock Circuit Breaker Halt Time : 11:36:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff c...

Namibia Critical Metals Inc. is pleased to announce the successful completion of the pilot plant flotation test work for its "Lofdal 2B-4" heavy rare earth project. From October to December 2023, rigorous tests were conducted on a 5-ton representative bulk sample from the Lofdal Area 4 starter pit at SGS Lakefield. Based on preliminary data, the pilot plant program confirms the reproducibility of the grinding and flotation regime for the Lofdal flowsheet and the ability to scale-up the design with confirmation of engineering design criteria. Through an extensive flotation optimization program conducted at SGS in 2023, several adjustments were undertaken to the flotation parameters developed in 2022 . The applied optimization steps aimed at decreasing operating expenditures co...

Guardian Exploration announces that it has confirmed attendance and secured booth space at the Future Minerals Forum at King Abdulaziz International Conference Center, Riyadh, Saudia Arabia from Jan 9 to 11, 2024. "The Future Minerals Forum is an essential event focusing on mining in the Middle East and is particularly relevant for Guardian's planned expansion into Saudi Arabia through our proposed transaction with Site Exploration Mining Company," says Graydon Kowal, President and CEO of Guardian. "We are excited to be attending this event in a jurisdiction that encourages sustainable mining development and foreign investment." Site Exploration Mining Company , a Saudi Arabian mining company, holds mineral exploration licenses for five pro...

Canada Rare Earth Corp. is pleased to announce the appointment of Mr. Donald Anderson as Chief Investment Officer , effective January 1, 2024. Canada Rare Earth is excited to welcome Mr. Anderson as CIO, where he will play a pivotal role in driving the Company's growth and making strategic investment decisions within the rare earth and essential minerals industries. His appointment reinforces confidence in the Company's prospects and underscores its commitment to achieving strategic objectives. CEO of Canada Rare Earth, Peter Shearing, expressed his enthusiasm, stating, "Don's extensive experience in both financial markets and entrepreneurship, particularly in Africa, aligns perfectly with our strategic goals. We believe his insights and leadership will contribute significant...

Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $1,150 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serves a div...

Finlay Minerals Ltd. is pleased to report that Cascadia Minerals Ltd. has fulfilled its Year 2 obligations pursuant to the PIL Property Option Agreement dated February 28, 2022. . Pursuant to the Option Agreement, Cascadia may exercise the option to acquire a 70% interest in the Property by making aggregate cash payments of $650,000, share payments having an aggregate cash equivalent value of $1,250,000 and incurring an aggregate of $12,000,000 in exploration expenditures in staged amounts on or before December 31, 2026. Following the exercise of the Option Agreement, Cascadia and Finlay would hold interests in the Property of 70% and 30%, respectively, and a joint venture would be formed. Results of the 2023 PIL field work program will be reported by Cascadia w...

Benton Resources Inc. is pleased to announce the receipt of further impressive assay results from its recently completed Phase I drill program at the Great Burnt Copper deposit in south-central Newfoundland. The Company's latest three drill holes have significantly expanded the continuity of the high-grade core along strike and down plunge and it remains open to further expansion. GB-23-12, which cut 25.42m grading 5.51% Cu is considered to be near the core of the high-grade lens, which is the deepest high-grade drill intersection on the Great Burnt deposit to date. An interval within this zone returned 8.77% Cu, 4.43g/t Au, 82.00g/t Ag and 1.12% Zn over 1.00m. In addition, GB-23-13 and GB-23-14 also intersected the copper-rich zone, which is believed to be the up dip and dow...

District Metals Corp. ; is pleased to announce that it has entered into a definitive asset purchase agreement with an arm's length vendor to acquire the remaining four mineral licences covering the Viken energy metals Deposit located in Jämtland County, central Sweden, that the Company did not already control. As a result, subject to closing, the Company now controls 100% of the mineral licences comprising the Viken Deposit. The Viken Deposit is the largest undeveloped Alum Shale uranium-vanadium-potash-molybdenum-nickel-copper-zinc deposit in Sweden, and amongst the largest deposits based on total historic mineral resources of uranium and vanadium in the world. Highlights: The four mineral licences to be acquired are in good standing until late-2025, and comprise Norra Leden,...

VANCOUVER, BC, Jan. 3, 2024 /CNW/ - Trading resumes in: Company: Prospector Metals Corp. TSX-Venture Symbol: PPP All Issues: Yes Resumption : 9:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specific halt be...

Lion One Metals Ltd. is pleased to announce the appointment of Mr. Alex Nichol as Vice President Geology and Exploration and Mr. David Towle as Mill Manager, as well as the hiring of Mr. Melvyn Levrel as Senior Exploration Geologist in Fiji. The Company also announces the retirement of Mr. Sergio Cattalani as Senior Vice President Exploration. Mr Cattalani will remain with Lion One as a Senior Geology Advisor. Lion One Chairman and CEO Walter Berukoff commented: "As we continue to advance the Tuvatu Gold Project from development towards commercial production we are excited to add key individuals with specialized skill sets to our technical team in Fiji. Together, Alex, David and Melvyn bring over 70 years of experience to the Lion One Team. They are all accomplished veterans ...