Nickelex Resource Corp. reports that the Company has requested a 30-day extension, subject to TSX Venture Exchange approval, to close the previously announced non-brokered private placement. The Company will issue up to 11,000,000 units in a flow-through private placement at a price of $0.05 per unit to raise $550,000, and issue up to 20,000,000 units in a non-flow-through private placement at a price of $0.025 per unit to raise $500,000 . Each FT Unit will consist of one flow-through common share and one share purchase warrant . Each NFT Unit will consist of one non-flow-through common share and one Warrant. Each Warrant in the Offering will be exercisable to purchase one non-flow-through common share at an exercise price of $0.05 for a period of three years from the date of...

Latitude Uranium is pleased to announced that it has entered into a definitive arrangement agreement with ATHA Energy pursuant to which ATHA will acquire all of the issued and outstanding common shares of Latitude by way of a court-approved plan of arrangement under the Business Corporations Act (Ontario). Under the terms of the Latitude Arrangement, Latitude shareholders will receive 0.2769 of a common share of ATHA for each Latitude Share held. The Latitude Exchange Ratio was determined giving consideration to recent average trading prices for each of Latitude and

TORONTO, Dec. 7, 2023 /CNW/ - Trading resumes in: Company: Avalon Advanced Materials Inc. TSX Symbol: AVL 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 beyond wha...

Consistent with its strategic objective to build Ontario's first vertically integrated lithium supply chain serving the North American EV battery market, Avalon Advanced Materials Inc. is pleased to announce a non-brokered private placement of up to a maximum of 93,000,000 units of the Company at a price of C$0.10 per Unit for aggregate gross proceeds of up C$9.3 million . It is expected that insiders of the Company will subscribe for up to C$250,000 of Units pursuant to the Offering. Each Unit comprises of one common share in the capital of the Corporation and one-half of one Share purchase warrant . Each Warrant will entitle the holder to acquire one Share at a price of C$0.15 per Warrant Share for a period of 36 months following the closing date of the Offering, provided, h...

Global Energy Metals Corp. is pleased to provide an update on its Lovelock Mine and Treasure Box projects announcing the filing of a Technical Report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects . The Report is available on SEDAR and the Company's website. The Report represents an important milestone for the Company as it provides a comprehensive and independent evaluation of the Projects. The Report is effective as of November 28, 2023, and follows the successful negotiation and closi...

Rise Gold Corp. announces that it has completed the second and final tranche of the non-brokered private placement announced in its October 31 and November 8, 2023 news releases . The Company raised a total of US$967,957 through the sale of 5,377,541 units. The Company previously announced the first closing of the Financing on November 7, 2023, for a total of US$584,358 through the sale of 3,246,431 units. The Company has closed a second tranche of the Financing. In this tranche, the Company raised a total of US$383,600 through the sale of 2,131,110 units at a price of US$0.18 per Unit , with each Unit comprising one share of common stock and one-half of one share purchase warrant. Each whole warrant entitles the holder to acquire one Share at an exercise price of US$0.26 unt...

Kingsmen Resources Ltd. is pleased to report it has acquired ground magnetic coverage of the 100% controlled Las Coloradas project, located 30km from Hildago de Parral, Chihuahua, Mexico. Portions of the Soledad structure were mined by ASARCO , the U.S. based subsidiary of Grupo Mexico in the period 1944 to 1952. Kingsmen Resources, with the assistance of the vendors of the Las Coloradas claims, acquired ground magnetic data covering the entire Las Coloradas project area. The magnetic data and 2018 was acquired by two different companies neither of which controlled the entire Las Coloradas project area. The Company, through its Mexican subsidiary Leona Silver Exploraciones S.A. de C.V., commissioned the processing and interpretation of the magnetic data. Processing included th...

ArcWest Exploration Inc. is pleased to announce that a 3D induced polarization survey has commenced at its 100% owned Teeta Creek Project, northern Vancouver Island, British Columbia. Dias Geophysical has been engaged to complete an IP survey over an untested zone of stockwork porphyry copper-molybdenum-gold-silver mineralization delineated in 2022. The 2023 program, using Dias Geophysical's distributed array deep IP survey system, should provide the first modern, high quality, and high-resolution 3-D resistivity and chargeability model of the subsurface below the stockwork zone. The stockwork zone , situated at the lowest elevations on the property, is located within an approximately 400 m wide undrilled gap between the two best historical drill holes on the property. The Ga...

Freeport Resources Inc. is pleased to announce that Dr. Nathan Chutas, Senior Vice-President of Operations for Freeport Resources, and Tobias Kulang Thomas, Senior Advisor to the Company, will be attending the Papua New Guinea Resources and Energy Investment Conference, to be held December 10th to 13th 2023, in Sydney, Australia. Dr. Chutas will be presenting on Wednesday, December 13, during the afternoon Exploration Update session. Dr. Chutas and Mr. Thomas will be hosting one-on-one meetings during the conference and interested parties are invited to contact the Company directly at info@freeportresources.com. Freeport Resources is advancing its wholly-owned Yandera Copper Project located in the highly prolific Papua New Guinea Orogenic Belt, the same geological arc as some...

Mawson Gold Ltd. announces voting results at the Annual General and Special Meeting of Shareholders including shareholder approval of sale of Mawson Oy . Mawson shareholders voted in favor of all resolutions. Additionally, the Company reminds all Mawson shareholders that the Springtide private placement financing of approximately C$15 million , is now open on a pro-rata basis to Mawson shareholders. Highlights: Shareholders voted in favour of all resolutions at the Annual General and Special Meeting of Shareholders held on Thursday, December 7, 2023, in Vancouver, British Columbia , This includes voting in favour of a special resolution to approve the proposed sale of all of the issued shares and inter-company debt of its wholly-owned Finnish subsidiary, Mawson Oy, which holds...

TORONTO, Dec. 7, 2023 /CNW/ - The following issues have been halted by CIRO: Company: Avalon Advanced Materials Inc. TSX Symbol: AVL All Issues: Yes Reason: Pending News Halt Time : 8:00 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 cannot provide a...

Highlights: 25 days of fieldwork exploration were completed over both properties. A total of 229 rock-chip samples were taken over the 2 properties and have been sent to ALS Laboratories for alkaline fusion assaying with results pending. An aeromagnetic, VLF electromagnetic and radiometric survey was flown over the entire claim group. Ground micro-gravity survey was completed over 0.8 to 1.2 km lines totalling 488 stations. Several pegmatite outcrops have been identified and sampled. Observation shows the potential to identify large pegmatites on Block C. Pegmatites are concentrated in 500-metre-wide swarms recognized over a kilometric strike length. Mineralogical and textural characteristics observed allow to link Block C pegmatites to the LCT type . The MegaLi project shares its border w...

Surge Battery Metals Inc. announces that on October 3, 2023, the Company entered into two mineral property purchase agreements to purchase a total twenty-five of the mineral rights to private lands comprising approximately 880 acres which Private Lands are located within the general boundaries of the Company's NNLP Project. The Company's news release dated October 3, 2023 contained additional details, including a map, of the Private Lands and their location. The first agreement, dated effective September 14, 2023 and later amended called for the Company to acquire a twenty-one point two five percent interest in the Mineral Rights underlying the Private Lands . Details of the Wilkins Family Agreement can be found in the Company's news release dated October 3, 2023. The closing...