Newrange Gold announces that, following the termination of the previously announced business combination with Mithril Resources the TSXV has advised the Company that trading in Newrange shares will resume at the market open on Friday December 15, 2023. Given that the merger is not proceeding, Newrange's Board of Directors is reconsidering the previously contemplated name change and 2:1 share consolidation and will provide further details in due course. Robert Archer, President and CEO of Newrange commented that, "As precious metal prices are trending higher going into the New Year, we are wasting no time in renewing our search for another significant project and will be applying for a new work permit to commence follow-up...

Westwater Resources Inc. , an energy technology and battery-grade natural graphite development company, today announced the availability of an Initial Assessment, with an economic analysis , for the Company's Coosa Graphite Deposit located in Coosa County, Alabama . Frank Bakker, President and Chief Executive Officer of Westwater, stated "The Coosa Deposit is an important asset, not only to Westwater, but we believe a critical asset to the future domestic graphite supply chain. We believe that our Coosa Deposit is the largest and most advanced natural graphite deposit in the lower 48 states. With estimated pre-tax NPV of $229 million, estimated pre-tax internal rate of return of 26.7%, and estimated free cash flow of $714 million, the Coosa Deposit continues to be an attractiv...

Contact Gold is pleased to confirm that a wholly-owned subsidiary of Centerra Gold Inc. has approved participation in the "Year Two" exploration program at the Company's Green Springs oxide gold project. The Green Springs project is subject to a four-year, US$10 million earn-in whereby a wholly-owned subsidiary of Centerra Gold Inc. can, upon satisfaction of certain expenditure and funding conditions, acquire a 70% interest in Green Springs. "We are pleased to confirm Centerra's participation in Year 2 of the Earn-in, providing additional validation of the exploration potential at Green Springs, and a pathway to increased exploration across the property in 2024." said Matt Lennox-King, President & CEO ...

White Gold Corp. is pleased to announce the closing of a non-brokered private placement for aggregate gross proceeds of approximately C$5.1 million . Agnico Eagle Mines Ltd. participated in the offering in order to maintain its partially-diluted ownership in the Company at 19.85%. The Offering consisted of the sale of: 3,722,133 common shares in the capital of the Company at a price of $0.30 per Common Share; and 12,121,212 Common Shares issued on a "flow-through basis" at a price of $0.33 per FT Share. "We are very appreciative for the continued support of our strategic shareholders and are now fully funded for an impactful 2024 exploration program following the success of this past season where we continued to demonstrate the expansiveness of gold mineralization ...

Argentum Silver Corp. is pleased to announce voting results for its Annual General and Special Meeting of Shareholders that was held on December 8, 2023 in Toronto. A total of 32,266,778 common shares representing 62.53% of the Company's issued and outstanding shares were voted for the meeting. Shareholders approved all items of business before the AGSM including the election of the three Company-nominated directors, being Albert Contardi, David Donato and Gary Nassif. Shareholders also voted for the re-appointment of the Company's auditors, Crowe MacKay LLP, and for the approval of the Company's amended stock option plan. The Company also announces the retirement of Mr. James Fairbairn as the Company's Chief Financial Officer, effective today. Mr. Marco Guidi has been appoin...

Purepoint Uranium Group Inc. announced today the closing of its previously announced non-brokered private placement . In connection with the closing, the Company issued 76,190,477 flow-through units at a price of $0.0525 per unit for aggregate gross proceeds of $4,000,000. Each Flow-Through Unit consists of one common share in the capital of the Company issued on a "flow through" basis pursuant to the Income Tax Act and one common share purchase warrant. Each warrant entitles its holder to purchase one common share in the capital of the Company at an exercise price of $0.07 per share for a period of 24 months from the date of issuance. "We have a full year of work ahead for 2024 starting in January with our Hook Lake drill program," said Chris Frostad, President & CEO at Purep...

CanAlaska Uranium Ltd. is pleased to announce that it has closed its fully-subscribed non-brokered private placement previously announced on November 20, 2023, as increased on November 21, 2023. Under the Offering, the Company has issued 6,944,444 non-flow-through units for gross proceeds of $2,499,999.84, 17,406,991 flow-through units for gross proceeds of $7,397,971.20 and 3,770,456 charity flow-through units for gross proceeds of $2,102,029.23, for total gross proceeds of $12,000,000.27. The gross proceeds received from the sale of the FT Units and the CFT Units will be used for work programs on the Company's exploration properties. The net proceeds received from the sale of the NFT Units will be used for general working capital. In connection with the Offering, the Company...

In this segment of The Ellis Martin Report we speak with Claudia Tornquist, CEO of Kodiak Copper Corp. as the company drills first holes at South Zone to extend Copper Mineralization to Mid Zone and to depth: 0.32% CuEq Over 234 m from Surface within 0.17% CuEq Over 1053 m. Listen to this update as the aggressive 2023 drill program concludes with positive results. To Listen to the Interview, please visit: https://www.abnnewswire.net/lnk/3UPMRJTW About Kodiak Copper Corp.: Kodiak Copper Corp. is focused on its portfolio of 100% owned copper porphyry projects in Canada and the USA. The Company's most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel Trough in southern British Columbia, Canada, where in 2020 the Company made a high-grad...

Platinex Inc. is pleased to announce that the Company has closed a $1,520,000 flow through financing of which $525,000 had been previously closed . The Company anticipates closing a final tranche of the FT Offering in the next few days. The financing consists of an issuance of 17,375,000 flow through common shares at a price of C$0.04 per share . Each FT common share comprises one common share of the Company. The Company will use the gross proceeds of the FT Offering to fund eligible Canadian exploration expenses associated with the W2 Copper Nickel PGE Project that qualify as "flow-through critical mineral mining expenditures", as defined in the Income Tax Act , on or before December 31, 2024. Platinex will renounce benefits of all qualifying expenditures in favour of the sub...

Vertical Exploration Inc. is pleased to announce that, further to its news release of December 11, 2023, it has closed its private placement of 9,460,000 units at $0.05 per unit for total gross proceeds of $473,000. Each unit consists of one common share and one transferable common share purchase warrant authorizing the purchase of one additional common share at a price of $0.10 per share until June 13, 2025. The warrants are subject to an acceleration clause, in the event that the trading price of the Shares on the Toronto Stock Exchange, Venture Market reaches $0.25 or more for a period of ten consecutive trading days, the Corporation may, at its option, accelerate the Warrant Expiry Date by delivery of notice to the registered holders thereof and issuing a press release on...

TORONTO, Dec. 13, 2023 /CNW/ - Trading resumes in: Company: Loncor Gold Inc. TSX Symbol: LN All Issues: Yes Resumption : 12:30 PM 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 contain...

Sale of Makapela, a non-core asset, provides significant non-dilutive capital for Loncor to move forward its flagship Adumbi gold deposit Loncor Gold Inc. is pleased to announce that it has entered into an agreement for the sale of Loncor's Makapela property for Cdn$13,500,000 cash. The agreement calls for the sale price to be paid in a series of progress payments beginning with a deposit of Cdn$2,000,000. The balance of the progress payments, totalling Cdn$11,500,000, will be paid upon completion of the transfer of title to Makapela, which is expected to occur before the end of February 2024. Loncor's Chief Executive Officer, John Barker, commented: "Loncor has conducted a number of discussions with potential strategic partners over the last 18 months, many of which involved...

TORONTO, Dec. 13, 2023 /CNW/ - The following issues have been halted by CIRO: Company: Loncor Gold Inc. TSX Symbol: LN All Issues: Yes Reason: Pending News Halt Time : 11:20 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 informati...