Unigold Inc. announces that the Company intends to extend the expiry dates of a total of 46,000,342 share purchase warrants to June 28, 2024 . Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and all other terms of the Warrants, including exercise price, will remain the same. The Warrants were issued pursuant to the following private placements and all are set to expire on December 29, 2023: 16,629,167 warrants, including 193,060 warrants issued to insiders, were issued pursuant to a private placement which closed on June 24, 2020 12,596,175 warrants, including 375,850 warrants issued to insiders, were issued pursuant to a private placement which closed on August 10, 2021 8,750,000 warrants, including 1,85...

Aggregate $22 Million Equity and Debt Financing Package After Upsize of Offering Premium Nickel Resources Ltd. is pleased to announce, further to its news release issued on December 3, 2023, that the Company, together with Cormark Securities Inc., on behalf of BMO Capital Markets, as co-lead agent, and a syndicate of agents , have agreed to increase the size of their previously-announced "best efforts" private placement of common shares of the Company at a price of $1.20 per Common Share to aggregate gross proceeds of up to approximately $17 million . After giving effect to the upsize of the Offering, the Company's proposed equity and debt financing package of $22 million comprises: Brokered Private Placement: a "best efforts" private placement Offering of up to 14,166,700 Common Shares at...

KWG Resources Inc. , which carries on business as The Canadian Chrome Company is pleased to announce two proposed private placements - up to $2 million of Series CD-2023 Convertible Debentures and up to $5 million of flow-through units . Convertible Debentures The Debentures will be convertible into units with a deemed value of $3.00 per Unit at the holder's option at any time prior to payment in cash. The Debentures will mature on April 24, 2028 and bear interest at 5% per annum, accruing daily, compounding annually and payable on April 24 of each year and at the Maturity Date or conversion. Payments of interest may, at the Company's option, be made either by payment in cash or by the issuance of Units at a deemed value of $3.00 per Unit. On closing, subscribers will be paid...

Orea Mining Corp. provides the following corporate update. Orea has a significant working capital deficit. Given Orea's financial condition, the board of Orea is exploring all paths and opportunities in order to fund the ongoing obligations required to protect and advance its interest in the 5-million-ounce Montagne d'Or gold mine development project.* In the interim, the Board deems it vital to keep costs at a minimum, resulting in staff changes. Jorge Martinez, former VP of Corporate Operations has been appointed a director and effective immediately Peter Gianulis has resigned as a director. In addition, Ivonne Maldonato has resigned as Interim CFO and Daniela Freitas, who is Corporate Secretary, will also hold the position of CFO. The Board thanks Mr. Gianulis for his many ...

Adamera Minerals is seeking approval from the TSX Venture Exchange to extend 6,875,000 warrants granted on June 22, 2020, with the exercise price of $0.10 and original expiry date of June 22, 2021, and 4,525,000 warrants with an exercise price of $0.10 granted on July 2, 2020, with an expiry date of July 2, 2021 to now expire on June 22, 2025 and July 2, 2025, respectively. Adamera has also granted a total of 2,428,750 stock options to its directors, officers and consultants at an exercise price of $0.05 expiring December 4, 2028. About Adamera Adamera Minerals Corp. is exploring for high-grade gold deposits near Republic Washington. This area has reportedly produced 8 million ounces of gold. Adamera is the dominant regional e...

Canada Silver Cobalt Works announces that it is proposing to amend the terms of an aggregate 23,380,092 outstanding common share purchase warrants by amending the exercise price to $0.06 per share. 7,377,274 of the Warrants were issued pursuant to a private placement that closed on Dec 1, 2022. The Warrants have an exercise price of $0.15 and expire on Dec 1, 2024. The Company intends to amend the Warrant exercise price from $0.15 per share to $0.06 per share. 8,340,910 of the Warrants were issued pursuant to a private placement that closed on October 19, 2022. The Warrants have an exercise price of $0.15 and expire on October 19, 2024. The Company intends to amend the Warrant exercise price from $0.15 per share to $0.06 per share....

2024 highlights include expansion to 5,000 tpd by year end and the largest exploration program ever conducted at Fruta del Norte Lundin Gold Inc. is pleased to announce its 2024 guidance and three-year outlook for its 100% owned Fruta del Norte gold mine in southeast Ecuador. All amounts are in U.S. dollars unless otherwise indicated. View PDF Highlights: 2024 production is estimated between 450,000 to 500,000 ounces . Cash operating costs1 and all-in sustaining costs1 for 2024 are expected to range between $680 to $740 and $820 to $890 per oz of gold sold, respectively. Total sustaining capital in 2024 is estimated at $35 to $45 million. 56,000 metres is planned to be drilled under the 2024 near-mine and regional exploration programs. The Company's outlook for production, su...

Advanced Gold Exploration is pleased to announce a concurrent non-brokered private placement in addition to the financing announced Nov 27, 2023. The Concurrent Financing will consist of up to 2,000,000 units at a price of $0.05 per Unit for aggregate gross proceeds of up to $100,000. Each Unit shall be comprised of one common share in the capital of the Company and one common share purchase warrant. Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.05 per Common Share for a period of five (5) years from the date of issuance.

Allied Gold Corp. announces that its Chairman and CEO, Peter Marrone, together with Justin Dibb, Vice-Chairman and founder of Allied Gold, along with other key members of management, former executives, and significant founding shareholders have recently executed a substantial purchase of shares, underscoring their unwavering support for the current share price and highlighting their shared belief in the considerable upside potential. On a combined basis, directors and officers of the Company now hold more than 22% of all the issued and outstanding shares of Allied. This strategic move reinforces the leadership's commitment to driving sustained value, which is not reflected in the current market price of the Company, and is part of a broader plan to strengthen and refine the s...

Rio Tinto has approved a $77 million pre-feasibility study to progress development of the Rhodes Ridge project, one of the world's best undeveloped iron ore deposits, in the East Pilbara in Western Australia. The commencement of a PFS follows completion of an Order of Magnitude study that considered development of an operation with initial capacity of up to 40 million tonnes annually, subject to relevant approvals. The PFS is expected to be completed by the end of 2025 and will be followed by a feasibility study. First ore from the initial development is expected by the end of this decade. Rio Tinto is planning to spend more than A$400 million on exploration over five years from 2024 to 2028 as part of the ongoing study phases. Study work to date indicates a staged development with an init...

VANCOUVER, BC, Dec. 4, 2023 /CNW/ - Trading resumes in: Company: International Lithium Corp. TSX-Venture Symbol: ILC All Issues: Yes Resumption : 8:00 AM 12/05/2023 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 s...

International Lithium Corp. is pleased to announce a positive Preliminary Economic Assessment for a proposed lithium mining operation to produce spodumene concentrate at Raleigh Lake, 25 kilometres west of Ignace, Ontario. The PEA relies on recent metallurgical test work which indicates that a spodumene concentrate containing 6% Li2O can be produced using a simple crushing circuit and heavy liquid separation techniques. In the Phase 1 tests lithium recoveries were above 81% while iron oxide content remained within acceptable limits. As originally foreshadowed, the very near proximity of Raleigh Lake to existing service infrastructure along the Trans-Canada Highway corridor affords significant logistical and economic advantages to the project. This PEA only considers spodumene...

ROUYN-NORANDA, QC, Dec. 4, 2023 /CNW/ - Comet Lithium Corp. is pleased to announce the completion of Phase 1 of the ground geophysical gravity survey. Following completion of Phase 1, the Corporation has decided on completing Phase 2 and Phase 3 of the gravity survey at its 100%-owned Liberty Property in James Bay, Québec, Canada. The survey crew expects to complete these two additional phases of the gravity survey by mid December. Phase 1 of the gravity survey has increased the confidence to move forward with Phase 2 and 3 in 2023. Comprehensive gravity survey will assist the upcoming drill program by generating multiple exploration targets. The gravity survey will assist in optimizing pegmatite drill targets across the Liberty Property for the anticipated inaugural drill pr...