Inca One Gold Corp. a gold producer operating two mineral processing facilities in Peru, reports consolidated sales for November 2023 and comparative month over month operational results. Sales revenue in November reached US$4.6 million from the sale of 2,251 ounces of gold Dore, a 70% increase over the prior month of October. The increase was primarily driven by an increase in the number of exports, an increase in ounces sold and a slightly higher gold price . Additionally, the Company has realized year over year increases in operations, with deliveries up 66%, milling up 27% and gold production up 49% as compared to last November 2022. Consolidated Operations November 2023 October 2023 MoM change Sales $4.6 M $2.7 M 70% Deliveries 7,000 5,766 21% Milling 4,919 4,647 6% Gold...

P2 Gold Inc. reports that it intends to complete a non-brokered private placement of up to 6.5 million units at a price of $0.08 per unit for gross proceeds of up to $520,000 . Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company at an exercise price of $0.15 per common share for a period of two years from the date of issue , provided that, if after four months from the date of issue, the closing price of the common shares of the Company on the TSX Venture Exchange is equal to or greater than $0.30 for a period of 10 consecutive trading days at any time prior to the Expiry Time, the Company will have the right t...

VANCOUVER, BC, and HOUSTON, Dec. 21, 2023 /CNW/ - International Battery Metals Ltd. is pleased to announce that as a result of investor demand, it intends to complete a second closing of its previously announced private placement completed on December 8, 2023. In the second closing, the Company expects to issue up to 2,475,757 units for a price of CAD$0.70 per Unit, for total proceeds of up to USD $1.3 million . Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant will permit the holder to acquire one additional Common Share at a price of $0.82 for a period of 24 months from closing of the Private Placement. The proceeds from the Private Placement will be used to fund the Company's ongoing operations and...

Black Iron Inc. announces that it has received feedback from Ukraine's Ministry of Economy on its Investment Support Agreement application that updates to the applicable legislation are currently being finalized and Black Iron will be required to update and resubmit its Investment Agreement application to reflect such legislative changes prior to submitting the Investment Agreement to Ukraine's Cabinet of Ministers for approval. While Black Iron appreciates the Ukrainian government's primary focus is on the war, it is unfortunate those not directly involved in the war efforts are not working more constructively and in a timelier manner with investors, as Black Iron understands that to date, not a single investment agreement has been signed. Signing of investment agreements wi...

Deutsche Rohstoff AG announced the successful closing of the divestment of all Utah assets by its 100% subsidiary Salt Creek Oil & Gas. The sale has led to a cash inflow of approximately EUR 44 million. Salt Creek Oil & Gas was advised by Ten Oaks Energy Advisors. The assets in Utah were acquired by Deutsche Rohstoff's portfolio company Bright Rock Energy since 2018. In total around EUR 17 million were invested, which including the divestment has led to a total return of around EUR 65 million in the past years. At the same time...

Allkem Ltd. refers to the proposed merger of equals between Allkem and Livent Corporation , . Allkem is pleased to announce that it has today lodged with the Australian Securities and Investments Commission a copy of the orders of the Federal Court of Australia approving the scheme of arrangement pursuant to which Arcadium Lithium plc will acquire 100% of the shares in Allkem in connection with Transaction. As a result, the Scheme is now legally effective. Suspension of trading It is expected that Allkem shares will be suspended from trading: on ASX, at the close of trading today ; and on TSX, at 4:00 pm on 21 December 2023. Eligibility to receive Scheme Consideration On implementation of the Scheme, Allkem shareholders who are registered as such on the Scheme Record Date on ...

Gabriel Resources Ltd. announces the expiry of 80,702,475 outstanding warrants to purchase common shares at a price of $0.49 per share . The Company has received no consideration in respect of those 2018 Warrants which lapsed unexercised. Gabriel has the following securities outstanding: 1,035,105,440 common shares; 871,400 warrants which are exercisable at a price of $0.39 and expire on December 23, 2023; 25,723,372 warrants which are exercisable at a price of $0.49 and expire on January 15, 2024; 76,504,263 warrants which are exercisable at a price of $0.645 and expire on August 23, 2024; and 5,225,970 warrants which are exercisable at a price of $0.645 and expire on September 13, 2024. For information on this press release, please contact: Dragos Tanase President & CEO Phone...

TORONTO, ON / ACCESWIRE / December 21, 2023 / Signal Gold Inc. is pleased to announce diamond drill results from the initial step-out exploration program at the Company's Goldboro Project in Nova Scotia . The step-out drilling program, comprising 6,026.5 metres from 31 holes, targeted near-surface gold mineralization immediately west of the Goldboro Deposit and has now discovered gold mineralization up to at least 450 metres west of previous resource definition drilling. This initial program is part of a larger growth exploration program that has successfully tested a 1.4-kilometre strike extent of the Goldboro Trend west of the existing Goldboro Mineral Resource . "We are excited with the results of our initial step-out drilling completed in 2023, which has discovered further...

Allkem Ltd. refers to the proposed merger of equals between Allkem and Livent Corporation , . Allkem is pleased to announce that the Federal Court of Australia has today made orders approving the proposed scheme of arrangement pursuant to which Arcadium Lithium plc will acquire 100% of the shares in Allkem in connection with the Transaction. Lodgement of Court Orders and Suspension of Trading Allkem expects to lodge an office copy of the Court's orders with the Australian Securities and Investments Commission tomorrow, 21 December 2023, at which time the Scheme will become legally effective. If this occurs, Allkem expects that Allkem shares will be suspended from trading on ASX at the close of trading on 21 December 2023 and on TSX at 4:00 pm on 21 December 2023. Quotation an...

Northern Dynasty Minerals Ltd. announces, further to its December 11, 2023 release, it has closed the convertible notes and non-brokered private placement offerings. Per the terms of the Agreement Kopernik Global Investors, LLC on behalf of its clients, has purchased convertible notes having an aggregate principal amount of US$15,000,000 . The Company also issued and sold by non-brokered private placement of 8,555,000 units of the Company , at a price of CAD$0.40 per Unit, for aggregate gross proceeds of CAD$3,422,000 . The Notes and the Units were issued pursuant to exemptions from prospectus requirements and other similar requirements under applicable securities laws. The Notes and the Units will be subject to resale restrictions under applicable securities laws in Canada an...

Mawson Gold announces that it has received final approval from the TSX Venture Exchange to list the common shares of Mawson on the TSXV as a Tier 2 Mining Issuer. The Mawson Shares will be delisted from the Toronto Stock Exchange at the close of trading on January 3, 2024, and trading on the TSXV will commence at market open on January 4, 2024, under the symbol "MAW". The Company's CUSIP 577789100 and ISIN CA5777891006 remain unchanged. Corporate Update 1. Sale of the Rajapalot gold-cobalt project in Finland to Springtide Capital was successfully completed on December 20, 2023 Springtide Capital acquired all of the issued shares and inter-company debt of Mawson's wholly-owned Finnish subsidiary, Mawson Oy, which holds Rajapalot, for total consideration of C$6,500,000. Spr...

Further to its press release dated November 6, 2023, Green River Gold Corp. is pleased to announce that due to demand it has increased the size of its previously announced non-brokered private placement of units , each Unit consisting of one flow-through common share and one-half common share purchase warrant . The Company has increased the size of the Offering to up to 18,000,000 Units for gross proceeds of up to $990,000. The upsized offering of Units is now expected to close on or about December 29, 2023. About Green River Gold Corp. Green River Gold Corp. is a Canadian mineral exploration company focused on its wholly owned Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project which are located in renowned mining districts in...

Orex Minerals is pleased to announce that it has closed the first tranche of its $1 million private placement announced on Nov 28, 2023, issuing 1,225,000 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of $183,750. Each Unit consists of one common share and one warrant. Each Warrant entitles the holder thereof to acquire one Share at the price of $0.25 per Share until December 20, 2025. The Shares and Warrants comprising the Units and any Shares issued upon the exercise of the Warrants are subject to a statutory hold period which expires on April 21, 2024. The Company intends to use the net proceeds from the First Tranche for exploring the Valenciana Project in Zacatecas State, should its acquisition of such project close, and for...