VANCOUVER, BC , Dec. 3, 2023 /CNW/ - FE Battery Metals Corp. announces it has closed the non-brokered private placement previously announced on November 8, 2023, for gross proceeds of $1,105,000. The Company will issue 675,000 common shares at a price of $0.40 cents per share for gross proceeds of $270,000, as well as issue 1,855,554 flow-through units at a price of $0.45 cents per flow-through unit for gross proceeds of $835,000. Each flow-through unit consists of one flow-through share and one-half common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.65 cents per share for a period of two years from the issue date. Closing of the private placement is subject to obtaining all required approvals, including from the...

Silver Viper Minerals announces that in connection with the Company's non-brokered private placement previously announced on Nov 30, 2023, it has updated the maximum size of the Offering to up to 38,636,363 units to raise gross proceeds of up to approximately $4,250,000 from an initial maximum of gross proceeds of up to $5,000,000. All other terms of the Offering remain unchanged. An amended and restated offering document dated December 3, 2023 related to the Offering has been filed and can be accessed under the Company's profile at www.sedarplus.com and on the Company's website at https://silverviperminerals.com/investors. Prospective investors should read the Offering Document before making an investment decision and should not rely on the offering documents fil...

Troy Minerals Inc. is pleased to announce additional claims have been added to the Lake Owen Wyoming project after first pass geological mapping has been completed. The Company has completed a first pass program of geological mapping and sampling on the property and, as a result, has added additional claims to the southern boundary of the property . Figure 1 Recently completed geologic mapping on Troy's Lake Owen Project Figure 2 Troys Claim status on the Lake Owen Project showing 9 additional claims covering the Proterozoic-Archean contact. "The addition of 9 claims on our claim block was made to make sure we add a solid land position over and into the contact between the Proterozoic Lake Owen Complex and the Archean Wyoming Craton" said Rana Vig, President and CEO of Troy M...

Ecora announces the Supreme Court of Western Australia, Court of Appeal has upheld the original, favourable, judgment by the Supreme Court of Western Australia in Ecora's legal dispute with Quasar Resources Pty Ltd. , the owner and operator of the Four Mile uranium mine over which the Group has a 1% net smelter return royalty. Ecora and Quasar have been engaged in a legal dispute since 2016 over the level of allocable charges being applied to calculate NSR revenue subject to the Group's royalty entitlement. On 13 April 2022, the Supreme Court of Western Australia ruled in favour of the Group's position that no costs incurred at the mine or at the Beverley plant, should be applied as permitted allocable charges. On 1 December 2023, the Supreme Court of Western Australia, Court of Appeal uph...

$14.1 Million Brokered Private Placement of Common Shares Increase in Existing Term Loan with Cymbria Corporation by $5.9 Million to $20.9 Million Premium Nickel Resources Ltd. is pleased to announce a proposed equity and debt financing package of $20 million, comprising: Brokered Private Placement: a "best efforts" private placement offering of 11,765,000 common shares of the Company at a price of $1.20 per Common Share for aggregate gross proceeds of approximately $14.1 million . Amended Term Loan: a second amended and restated commitment letter between the Company and Cymbria Corporation to, inter alia, amend the terms of their existing term loan to increase the principal amount of the loan from $15,000,000 to $20,882,353, which, upon closing of the Amended Term Loan, would result in ad...

Vancouver, BC, Nov 30, 2023 - - Doubleview Gold Corp. is pleased to announce the successful completion of its 2023 exploration and drilling program at the Hat Polymetallic Project situated in the Golden Triangle of British Columbia.Key achievements of the 2023 exploration program:Scope and Targets: The comprehensive program successfully covered all intended work programs and explored designated targets. Notably, this marked the largest work program to date at the Hat project.Main Objective: The primary focus of the 10,500-meter diamond drilling exploration program was to examine the dimensions and characteristics of Copper, Gold, Scandium, and Cobalt mineralization within the Main Lisle Zone of the Hat deposit and its environs. The deposit remains open in all directions.Sample Analysis: In...

Cobalt Blue Holdings Ltd. is delighted to name Iwatani Corporation as our potential partner in developing the Cobalt-Nickel Refinery Project . Kan Ueda, Managing Director, Iwatani Australia Pty Ltd commented "Iwatani Australia is pleased to engage with Cobalt Blue to develop Australia's first cobalt sulphate refinery. We look forward to converting our agreement into a long term relationship". Joe Kaderavek, CEO Cobalt Blue commented "Cobalt Blue is excited to have a potential Refinery partner of the calibre of Iwatani Corporation. Iwatani Corporation brings significant value to the relationship as an established large-scale trader of battery minerals into the important Japanese and US battery supply chain and as an established landholder/operator in the Kwinana district. We a...

Awalé Resources Ltd. is pleased to announce that Awalé and Newmont Ventures Limited , a wholly-owned subsidiary of Newmont Corporation, subject to TSX Venture Exchange acceptance, have entered into an Investment Agreement for a strategic non-brokered private placement financing to raise C$957,530.89. The financing will be structured through the issuance of units with each Unit comprised of one common share in the capital of Awalé and one half of one common share purchase warrant and Shares. If completed, the proceeds from the financing will be used to initiate greenfield exploration on the Odienné project permits, which lie outside the Newmont Joint Venture, and for general administrative costs of Awalé. This proposed transaction builds on Newmont's initial investment through...

Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. on June 2, 2021, April 4, 2022 and September 2, 2022 the Company has elected to issue 12,365 common shares in the capital of the Company at a deemed price of US$8.49 to Queen's Road Capital as payment for US$104,979 in interest owing on the Convertible Debentures. Under the terms of the Convertible Debentures, interest is payable quarterly, five per cent in cash and three per cent in shares, at the greater of: the 20-day volume weighted average price prior to the interest payment date; or the Discounted Market Price ). The issuance of the Common Shares as payment for interest o...

West Red Lake Gold Mines Ltd. is pleased to announce that, further to an unsecured convertible promissory note dated August 24, 2023 in the amount of US$5,533,094 for deferred consideration related to the acquisition of Pure Gold Mining Inc. between the Company and a fund managed by Sprott Resource Lending Corp, the Company has received A Conversion Election Notice from Sprott to convert US$2,631,463 of the Obligations into 6,900,000 units in the capital of the Company at a conversion price of C$0.52 per unit , with each Unit consisting of one common share of the Company and one share purchase warrant which is exercisable into one common share of the Company until November 28, 2026 at an exercise price of C$0.68 per common share. Issuance of the 6,900,000 Units are subject t...

Carlyle Commodities Corp. is pleased to announce the commencement of a baseline metallurgical test work program on the Company's Newton Gold Project , a bulk tonnage gold system located approximately 100 km west of the city Williams Lake, British Columbia. The Company has provided five individual higher-grade samples from mineralized intercepts from the 2023 core to Base Met Metallurgical Labs in Kamloops, BC. The samples were taken from drill holes N23-89, N23-090 and N23-091. Individual samples may be tested as well as a composite bulk sample created from the five intercepts, detailed below. Drill Hole From To Int. Au Ag N23-089 140 203 63 1.20 2.56 N23-089 383 446 63 0.86 1.37 N23-090 101 158 57 0.69 5.45 N23-091 32 89 57 0.82 1.72 N23-091 278 335 57 1.00 3.47 Bulk Sample ...

Level 14 Ventures announces that it intends to complete a non-brokered private placement pursuant to the Listed Issuer Financing Exemption of National Instrument 45-106 - Prospectus Exemptions to raise gross proceeds of up to C$5,000,000 from the sale of up to 33,333,333 units at a price of C$0.15 per Unit. 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 Common Share at an exercise price of C$0.30 for a period of five years following the issuance of the Units. The Company will use the gross proceeds of the Private Placement for furthering the exploration work on the Company's Colpayoc project in Peru and working capital. Subject to compliance with applic...

This press release does not constitute an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration. There will be no public offering of any of the securities mentioned in this press release in the United States. TSX:ORV $47M Bonds Program Approved by the Bolivian Financial Regulator Allowing Bolivian Subsidiary to Offer Bonds to Partially Finance the Oxides Stockpile Project Orvana Minerals Corp. announced financial and operational results for Fiscal Year 2023 , and the approval of its $47M Bonds Program in Bolivia. The proposed bonds offering in Bolivia is the core component of the financing structure in Bolivia ...