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Mustang Energy Corp. is pleased to share a summary of its accomplishments since the commencement of trading in mid-2024. The Company has made significant strides in its mission to develop high-potential uranium and critical mineral assets in the Athabasca Basin, Saskatchewan, solidifying its position as a growing leader in the resource exploration sector. Key Highlights of 2024: Land Acquisitions: Expanded land holdings to an impressive 77,318 hectares, strategically located in and around the Athabasca Basin, a notable uranium district. Capital Raised: Successfully secured over $4.2 million in gross proceeds, providing a robust financial foundation for ongoing and upcoming 2025 operations. Exploration Advancements: Launched Phase One Work Plan to identify and develop high-pri...

Tier One Silver Inc. is pleased to announce that it has completed the first tranche of its previously announced non-brokered private placement by issuing 5,183,333 units at C$0.075 per unit for gross proceeds to the Company of C$388,749.98. Each Unit consists of one common share and one full common share purchase warrant . Each Warrant entitles the holder thereof to purchase one common share of the Company at a price of C$0.15 at any time on or before the date which is 36 months from the closing date of the Offering. The Company intends to extend the closing of a second and final tranche for 30 days, subject to TSX Venture Exchange approval. Raising further funds is subject to the execution of additional subscription agreements by investors. In connection with the closing of ...

Golden Cariboo Resources Ltd. announces a non-brokered private placement financing of up to 15,000,000 units at a price of $0.13 per Unit to raise gross proceeds of up to $1,950,000. Each Unit will consist of one common share in the capital of the Company and one half of one share purchase warrant ; Two half Warrants will equal one full share purchase Warrant, exercisable for a period of 3 years from the closing date, at exercise prices as follows: $0.18 in year one, $0.22 in year two, and $0.25 in year three. The private placement is subject to Canadian Securities Exchange approval and all securities are subject to a four-month hold period. Finder's fees may be payable in connection with the private placement, all in accordance with the policies of the CSE. The proceeds from...

Silver Tiger Metals Inc. and is pleased to provide a year-end review of 2024 highlights and a 2025 outlook for its 100% owned, silver-gold El Tigre Project located in Sonora, Mexico. Key Objectives for 2025 With $7.0 million in cash on hand at September 30, 2024, we will complete the planned underground 5,000-meter drill program; Continue drilling the high-grade Veins, Sulfide Zone and Shale Zone from underground drill pads, with the first drill results expected in January 2025; Deliver a Preliminary Economic Assessment for the permitted underground resource during H1-2025; Negotiations and due diligence are underway with lenders to secure project financing for the open pit portion of the Project; and Make a construction decision upon receipt of the open pit permit. 2024 High...

Montréal, Québec-- - Bullion Gold Resources Corp. announces that it has closed a private placement , pursuant to which it has issued 4,910,000 units of common stock of the Company at a price of $0.05 per unit and 2,899,285 units of flow-through shares at a price of $0.07, for gross proceeds of $448,450. Each unit consists of one common share and one common share purchase warrant, each warrant entitling its holder to purchase one additional common share in the capital of the Company for a period of 36 months from the closing date of the private placement, at a purchase price of $0.08 per common share. Each Flow-Through Unit is comprised of one Flow-Through Share and one-half common share purchase warrant , each Warrant entitling its holder to purchase one additional Common Sha...

Cleveland-Cliffs Inc. announced today that it has appointed Jane M. Cronin to its Board of Directors, effective immediately. Ms. Cronin is Senior Vice President - Finance of The Sherwin-Williams Company, a global manufacturer, developer, distributor and seller of paint, coatings and related products. Since joining Sherwin-Williams in 1989, Ms. Cronin held roles of increasing responsibility with her most recent position as Senior Vice President - Enterprise Finance. She also held the positions of Senior Vice President - Corporate Controller, Vice President-Internal Audit and Loss Prevention and the Vice President-Controller Diversified Brands division. Presently, Ms. Cronin also serves on the board of Transdigm Group Inc. and is a member of their Audit Committee and Nominating ...

| OTCQX:OIIIF - O3 Mining O3 Mining Inc. announces that, effective December 31, 2024, it granted to Bernardo Alvarez Calderon, a director of the Corporation, deferred share units of the Corporation in satisfaction of certain director fees in lieu of cash for the fourth quarter of 2024. To that end, directors of the Corporation may elect, from time to time, to receive all or a portion of their director fees in the form of cash or DSUs. Any fees that are settled in DSUs are settled on a quarterly basis. For the fourth quarter of 2024, an aggregate of 5,303 DSUs were issued to Bernardo Alvarez Calderon, effective December 31, 2024, in satisfaction of certain director fees in lieu of cash, based on the prevailing market price of $1.65 per common share of the Corpora...

VANCOUVER, BC, Jan. 3, 2025 /CNW/ - EMP Metals Corp. announces that it has granted an aggregate of 2,150,000 incentive stock options of the Company to certain directors, officers, employees and consultants of the Company in accordance with the Company's stock option plan. Each Option is exercisable to acquire one common share of the Company at an exercise price of $0.45 per Common Share until January 3, 2030. The Options are not subject to vesting conditions. About EMP Metals EMP Metals is a Canadian-based lithium exploration and development company focused on large-scale resources using direct lithium extraction . EMP Metals currently holds 196,000 net acres of Subsurface Dispositions and strategic wellbores in Southern Saskatchewan. For more information, please go to the Co...

Today, in response to the issuance of final rules regarding the Inflation Reduction Act's Section 45V Hydrogen Production Tax Credit, CNX Resources Corp. released the following statement: "The Department of Treasury's recognition of captured waste coal mine methane as a feedstock for hydrogen production is validation of its inherent environmental and economic benefits and an important step in continuing to monetize the value of this unique asset. However, we believe that the final 45V implementation rules are overly restrictive across a range of feedstocks and do not currently appear to create sufficient economic incentives for the Company to expand its CMM capture operations for hydrogen end use. "Notwithstanding the specifics of the 45V rule, the Company intends to utilize t...

Zodiac Gold Inc. , a West-African gold exploration company, is pleased to announce that, further to the Company's news release dated November 20, 2024, it has closed its first tranche of its previously announced private placement for gross proceeds of approximately C$123,000 . The net proceeds of the First Tranche will be used for exploration of the Company's Todi gold project and for working capital purposes. Pursuant to the First Tranche closing of the Offering, the Company issued 1,230,000 units of the Company at a price of C$0.10 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Common Share at a price of C$0.15 per Warrant Share until the date whic...

No.25-01 BMM: TSX-V Black Mammoth Metals Corp. is pleased to announce that it intends to commence a drill program this month at its 100% owned Happy Cat property in Lander County, Nevada . The Company has received confirmation from the Bureau of Land Management that the required permit and bond are in place. Reverse circulation drilling of approximately 1500 meters will allow the Company to further understand the structure and stratigraphy at Happy Cat. The results are expected to refine drill targets for a more significant follow-up drill program. The drilling will take place within the approximate 4 square kilometer main area of interest where hydrothermal fluids may have been present under the relatively thin layer of volcanics that the Company has identified through its p...

AuMega Metals Ltd. is pleased to announce that at the Company's Special Shareholder Meeting held on 4 December 2024, the shareholders adopted an amended and restated equity incentive plan which has a 10% rolling stock option component and a fixed share unit components reserving an aggregate of 65,732,263 shares for issuance . Shareholder approval of the Plan must be obtained annually at the Company's Annual General Meeting. In addition, the Plan must be submitted to the TSX Venture Exchange for review and acceptance on an annual basis. The Company is subject to placement capacity limits under the ASX Listing Rules. The maximum number of securities that can be issued under the Plan without using placement capacity is set at 70,000,000, within a period of three years from the d...

Electric Royalties Ltd. is pleased to provide an update on the Battery Hill Manganese Project in New Brunswick, Canada, on which it owns a 2% Gross Metal Royalty. On January 2, 2025, Manganese X Energy Corp. , the operator of Battery Hill, announced its intention to complete a non-brokered private placement offering to raise gross proceeds of up to C$2,100,000, including a C$2,000,000 commitment from leading mining investor Eric Sprott. Manganese X plans to use the proceeds primarily to advance the development of Battery Hill, including the upcoming pre-feasibility study. A 2022 preliminary economic assessment 1 for Battery Hill projected gross revenue of US$177 million per year over an initial forecast mine life of 47 years, with a relatively short payback peri...