Searchlight Resources Inc. is pleased to announce a private placement financing of Critical Mineral Exploration flow-through units . The Company will issue up to 10,000,000 units at a price of $0.03 per unit for aggregate proceeds of $300,000. Each Unit consists of one Critical Mineral Exploration flow-through share and one-half of one transferable common share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share of the Company at an exercise price of $0.05 per common share for a period of two years from the date of issue. The Critical Minerals Exploration flow-through shares will entitle the holder to receive the tax benefits applicable to the Critical Minerals Exploration Tax Credit in accordance with provisions of the Income Tax A...

Newpath Resources is pleased to announce that, further to its news releases dated Dec 12, 2022 and May 30, 2023, it has satisfied the requirements to acquire a 100% interest to 973 unpatented mineral claims over approximately 206 square km in northwestern Ontario pursuant to an option agreement dated Dec 7, 2022 between the Company and arm's length parties. Summary of the Transaction Pursuant to the terms and conditions of the Agreement, the Company acquired the 100% interest in the Property in consideration for an aggregate of 1,500,000 common shares in the capital of the Company registered in the name of the Optionor and the payment of all staking costs related to the acquisition of the Property. Pursuant to the Agreement, the Company issued 500,000 ...

Electric Metals Ltd. announces that its Chief Executive Officer, Gary Lewis, has submitted his resignation as an officer of the Company to take effect on March 1, 2024, or such earlier date as determined by the Board of Directors. Gary will remain involved with the Company until his departure and will work with the Board to find a replacement. The Company is already in talks with several highly qualified candidates and expects to announce a new Chief Executive Officer prior to March 1, 2024. About Electric Metals Limited EML is a U.S.-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, which has been the subject of considerable techn...

Global Atomic Corp. announced today that further to the filing of a base shelf prospectus November 21, 2023 it has established an At-The-Market equity program which will allow the Company to issue, at its discretion, common shares of the Company having an aggregate offering price of up to C$50 million to the public from time to time through Cantor Fitzgerald Canada Corporation and Canaccord Genuity Corp. . Distributions of Common Shares pursuant to the ATM, if any, will be made in accordance with the terms of the equity distribution agreement dated December 6, 2023 entered into by the Company and the Agents. The ATM will be effective until the earlier of the issuance and sale of all of the Common Shares issuable pursuant to the ATM Program and December 21, 2025, unless termin...

Andean Precious Metals Corp. announced that on December 4, 2023 , it granted restricted share units to certain employees and service providers of its recently acquired subsidiary, Golden Queen Mining , pursuant to Andean's Omnibus Long-Term Incentive Plan . In order to retain critical personnel for the continuation of its purposes and objectives and to promote the business success of the Company, Andean's board of directors approved the grant of an aggregate amount of 821,181 RSUs to the Participants. The RSUs shall vest on the date that is 12 months from the Grant Date and shall be settled in shares of the Company unless otherwise jointly agreed between the Participant and the Company. About Andean Precious Metals Corp. Andean is a growing precious metals producer focused on...

2023 Maiden Mineral Resource Estimate for 100% Owned Luanga Project Bravo Mining Corp. , announces that it has filed a technical report in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects in respect of the initial maiden mineral resource estimate for the Company's 100% owned Luanga palladium + platinum + rhodium + gold + nickel project, located in the Carajás Mineral Province, state of Pará, Brazil. The Technical Report is dated effective October 22, 2023, with an issue date of December 1, 2023, and is titled "Independent Technical Report on Resources Estimate for the Luanga PGM+Au+Ni Project, Pará State, Brazil". The Technical Report was prepared for the Company by Porfírio Cabaleiro Rodriguez, BSc, FAIG and Bernardo Viana, BSc Geology,...

Lundin Mining Corp. announces that the Toronto Stock Exchange has accepted the notice of Lundin Mining's intention to renew its normal course issuer bid . The Company intends to continue to utilize the NCIB at its discretion to make opportunistic purchases to create shareholder value and manage the number of outstanding common shares of the Company . This approval allows the Company to purchase up to 52,538,870 Common Shares, representing 10% of the 773,494,324 issued and outstanding Common Shares as of November 30, 2023, minus those Common Shares beneficially owned, or over which control or direction is exercised by the Company, the senior officers and directors of the Company and every shareholder who owns or exercises control or direction over more than 10% of the outstand...

Medgold Resources is pleased to provide an update on its proposed acquisition of Balkan Metals some of which are contiguous to Medgold's existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometres, the resulting company ) will be the largest holder of highly prospective exploration ground in the Republic of Serbia. The Company announces that the previously announced subscription receipt financing which is to close concurrently with the Acquisition has been repriced to better reflect the current market conditions. The Concurrent Financing will now consist of a minimum of 18,000,000 units of Balkan Meta...

Blue Thunder Mining Inc. is pleased to announce the closing of an initial tranche of the hard dollar component of its non-brokered private placement on December 5, 2023 which was initially announced on November 13, 2023 . All dollar amounts are in Canadian funds. Dorian L. Nicol, CEO of Blue Thunder, commented, "We are pleased to close this component of a major and transformative transaction for the Company. We look forward to working with the IAMGOLD team to advance our Muus project in Chibougamau, Quebec, which is adjacent to, and on trend with, IMG's 5-million-ounce Nelligan Gold project. IMG's in-depth knowledge of the district will be invaluable in advancing our exploration efforts at Muus as well as on other projects that may be acquired in due course. We also take this...

Vatic Ventures Corp. is pleased to announce that it has entered into a share purchase agreement with arms length vendors to acquire, subject to TSX Venture Exchange approval, a 100% interest in a private company which holds an option to acquire a highly prospective hard rock lithium property . The property hosts multiple extensive lithium bearing pegmatite dykes that recently returned initial grab samples of 5.03% Li2O, 3.72% Li2O and 3.41% Li2O. Figure 1. Grab Samples from Vatic's Solonópole South Lithium Property To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3972/190044_13c0830314f78a71_001full.jpg The Solonópole South Lithium Property consists of 4 claim blocks covering 4,813.57 hectares. The property is located in the coa...

IAMGold Corp. announces it has acquired 7,142,857 common shares of Blue Thunder Mining Inc., at a price of C$0.07 per share, pursuant to a non-brokered private placement of Blue Thunder, for an aggregate purchase price of approximately C$500,000. Prior to this date, IAMGOLD did not hold any securities of Blue Thunder. As of this date, IAMGOLD beneficially owns approximately 14.48% of the current issued and outstanding common shares of Blue Thunder. IAMGOLD acquired the common shares for investment purposes. Depending on market conditions and other factors, IAMGOLD may from time to time further acquire or dispose of Blue Thunder securities, or maintain its current holdings, as future circumstances may dictate. Pursuant to the Private Placement, IAMGOLD and Blue Thu...

Mark Jarvis, CEO of Giga Metals Corp. announced today that Giga has engaged Independent Trading Group as Market Maker, subject to regulatory approval. ITG will provide market-making services in accordance with TSX Venture Exchange TSXV, CSE, NEO policies. ITG will trade shares of the Company on the CSE/ NEO/ TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares. Under the agreement, ITG will receive compensation of $5,500 per month, payable monthly in advance. The agreement is for an initial term of three months and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days' notice. There are no performance factors containe...

TSX-1933, Aurum Lake Mining Corp. is pleased to announce that further to its news releases of November 8, 2023 and December 4, 2023, it has completed a non-brokered private placement of 5,000,000 common shares in the capital of Aurum at a price of $0.40 per Common Share and 240,000 common shares in the capital of Aurum, which will be designated as a flow-through shares pursuant to the Income Tax Act , at a price of $0.50 per FT Share for aggregate proceeds of $2,120,000. The Concurrent Financing was undertaken in connection with the previously announced Qualifying Transaction (as such term is defined in TSX Venture Exchange Policy 2.4 - Capital P...