VANCOUVER, BC, Dec. 12, 2023 /CNW/ - The following issues have been halted by CIRO Company: Stratabound Minerals Corp. TSX-Venture Symbol: SB All Issues: Yes Reason: Pending News Halt Time : 2:12 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...

Golden Shield Resources Inc. is excited to announce the launch of its new investor video series. This innovative series aims to deepen shareholder engagement and provide insightful updates in an easily digestible and shareable format. The launch includes the release of the first two videos, which spotlight the unique aspects and potential of Golden Shield. The video series is a key part of Golden Shield's renewed focus on shareholder communication, reflecting the Company's commitment to transparency and investor relations. The series will serve as an essential tool for both current and prospective investors, offering a dynamic way to stay informed about the Company's operations and milestones. The first two videos in the series have been published across the Company's social ...

Hummingbird Resources plc becomes a Control Person in Connection with Pasofino Gold's Consolidation of the Ownership of the Dugbe Gold Project Pasofino Gold Ltd. and Hummingbird Resources plc are pleased to announce that further to the news releases issued on December 7, 2023, the Parties have completed the consolidation of the Dugbe Project. Pasofino now owns 100% of the Dugbe Gold Project and HB PLC is now a control person of Pasofino. The consolidation is pursuant to Pasofino's exercise of its right under the option agreement to cause HB PLC to sell to ARX Resources Limited , a wholly owned subsidiary of Pasofino, HB PLC's 51% interest in the issued and outstanding shares of Hummingbird Resources Inc. , all shareholder loans made by HB PLC to HBL and all sums owed in consi...

Dec. 12, 2023 /CNW/ - Foran Mining Corp. is pleased to announce the successful completion of its previously announced C$200 million financing which consisted of: a brokered private placement comprised of the sale of 36,594,000 common shares of the Company at an issue price of C$4.10 per Common Share, for gross proceeds of C$150,035,400; and 1,563,000 Common Shares with each such Common Share to be issued as a "flow-through share" within the meaning of the Income Tax Act at an issue price of C$6.40 per FT Share, for gross proceeds of C$10,003,200, and a non-brokered private placement consisting of the sale of 9,756,000 Common Shares at an issue price of C$4.10 per Common Share, for gross proceeds of C$39,999,600. The aggregate gross proceeds of the Offerings were $200,038,200....

Angkor Resources and announces that its 100%-owned energy subsidiary, EnerCam Exploration has signed agreements on Dec. 12th, 2023 with Project Operator Eyehill Creek Exploration and 358140 Alberta Ltd. to acquire a 40% interest in the Evesham/Macklin Production Project including the Oil Production from 33 vertical wells and the Gas Capture facility and all related pipelines and equipment . The transaction values the total Project at $11,500,000, making the purchase price of the 40% interest with adjustments at $4,392,000 . HIGHLIGHTS GLJ Petroleum Consultants was contracted to provide an independent assessment of the Project. Its report indicates Proved Developed Producing oil reserves at 376,300 Barrels and gas reserves ...

Arizona Gold & Silver announces it has commenced initial column leach test work on the Philadelphia Gold-Silver Property, located in Mohave County, Arizona. Mr. Greg Hahn, VP Exploration commented, "Previous metallurgical test work completed by the Company in 2020 on the north end of the property demonstrated the amenability of both low and high gold grades to cyanide leaching, achieving 89-99% gold extraction under agitation leach conditions at -104 micron grind. Silver recovery was not addressed in those tests. Column leach tests are required to assess the potential for low-cost heap leaching of the stockwork mineralized zone and to address the extraction of silver. We have commenced column leach test work on two bulk samples taken from u...

Argo Gold Inc.'s. oil production results for October 2023 are: October 2023 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 124.5 bbl/day 46.7 bbl/day $114,146 $76,350 Lloyd 217.3 bbl/day 40.7 bbl/day $103,627 $91,266 In late November, a second horizontal oil well was drilled and completed at Lindbergh in the Sparky formation. The well is on production since the end of November and Argo's interest in the second Lindbergh oil well is 37.5%. Argo is also cancelling the remainder of its previous announced non-brokered private placement of 12,000,000 shares at a price of $0.10 per share, for gross proceeds of up to $1,200,000. The company closed two tranches of the financing on May 2, 2023 and November 2, 2023 for a total of $635,000. On...

Rupert Resources is pleased to announce that further to its press release dated November 28, 2023 it has now filed the accompanying National Instrument 43 - 101 technical report entitled "Updated Mineral Resource Estimate for the Ikkari Project, Finland" on SEDAR. The report is also available on the Company's website here. As previously reported, the updated Mineral Resource Estimate for the Ikkari Project shows a total Indicated Resource of 58.43 million tonnes at a grade of 2.18 grams per tonne of gold for 4.09Moz contained gold. About Rupert Resources Rupert Resources is a gold exploration and development company listed on the TSX Exchange under the symbol "RUP." The Company is focused on making and advancing discoveries of scale and quality with high margin and low environmental impact...

Sasquatch Resources is pleased to announce that Mr. Lou Webster has been appointed as a director of the Company, effective immediately. Lou has been a lawyer in British Columbia for over 25 years and has a broad and eclectic range of contacts in both the profession and the community. Lou has been involved in the junior mining sector for approximately 8 years. He is the President and CEO of Marster Metals Incorporated, a private exploration company with claims in New Brunswick, Quebec, Newfoundland and Ontario, and is a special advisor to other private companies. Mr. Webster's appointment is in conjunction with the resignation by Mr. Brad Newell as a director of the Company to focus on other interests. Sasquatch's board of directors thanks Mr. Newell for his contribution...

Argonaut Gold Inc. is pleased to announce it has closed its previously announced public offering of 223,685,000 common shares of the Company at a price of C$0.38 per Offered Share for gross proceeds to the Company of C$85,000,300, including the exercise in full of the underwriters' over-allotment option. The Offering was completed on a "bought deal" basis by a syndicate of underwriters co-led by Cormark Securities Inc., BMO Capital Markets and Scotia Capital Inc., and including RBC Dominion Securities Inc., Canaccord Genuity Corp., Desjardins Securities Inc., Paradigm Capital Inc. and Laurentian Bank Securities Inc. The net proceeds of the Offering will be used to fund developmet and optimization of the Company's Magino and Florida Canyon mines and for general working capital...

Highlights Coin cells were fabricated by Volt Carbon using a graphite anode produced from Green Battery's Berkwood mineral deposit Zone 6 The anode material was fabricated from entirely dry processing of the mineral samples provided to Volt leading to an enhanced ESG score and a significantly reduced carbon foot print. The test data from Volt affirms the high quality and integrity of Green Batteries' graphite mineralogy for LIBs. The anode material was created by omitting several traditional costly processes, December 12th, 2023 - Green Battery Minerals Inc. ) and Volt Carbon Technologies Inc. are pleased to announce the test results of their LIB. Volt Carbon Technologies Inc. is pleased to announce the commencement of battery anode development using graphite refined from Gre...

Homerun Resources Inc. is pleased to announce that on November 11, 2023, the Company completed another significant milestone in its Strategic Plan with the execution of the signed Agreement between Homerun Resources and Companhia Baiana de Pesquisa Mineral detailing the terms regarding Homerun's exclusive right to extract high purity silica sand sourced from CBPM's concessions near Santa Maria Eterna, Belmonte, Bahia, Brazil. Companhia Baiana de Pesquisa Mineral is the mineral research and development company of the State of Bahia, Brazil. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4082/190677_6657d019145ae857_001full.jpg Henrique Carballal, President of CBPM, stated, "Firstly, it is an immense satisfaction to be able to b...

12th December 2023 - Rockport, Ontario - MetalQuest Mining is pleased to announce that it has signed an Exploration and Pre-Development Agreement with the Naskapi Nation of Kawawachikamach to continue to promote a mutually respectful relationship with First Nations concerning MQM's exploration programs on its claims within the Lac Otelnuk Iron Ore Project . The Naskapi Nation holds inherent Aboriginal rights and treaty rights to and over certain territory within the Company's Project and Naskapi exercises those rights and asserts certain rights and claims in respect of surface and subsurface rights. The objective of the agreement is to promote a cooperative and mutually respectful relationship concerning MQM's exploration and development programs on its flagship Lac Otelnuk Iron Ore Projec...