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Sun Summit Minerals Corp. is pleased to announce that it intends to complete a non-brokered private placement consisting in the issuance of: up to 3,571,429 flow-through units of the Company at a price of $0.21 per FT Unit, and up to 1,388,889 non-flow-through units of the Company at a price of $0.18 per NFT Unit, for aggregate gross proceeds to the Company of up to $1,000,000. Each FT Unit will consist of one common share of the Company issued on a flow-through basis under the Income Tax Act and one-half of one Warrant. Each NFT Unit will consist of one non-flow-through common share of the Company and one-half of one Warrant. Each Warrant will entitle the holder to acquire one non-flow-through common share of the Company at an exercise price of $0.25 per share for a period f...

American Lithium Corp. is pleased to provide an update on the optimization of the Falchani processing flow-sheet. This update is based on recently completed, and ongoing, test work at Australian Nuclear Science and Technology Organization Laboratories in Sydney, Australia in conjunction with TECMMINE in Lima, Peru . The unique volcanic style of lithium mineralization at Falchani, combined with low impurity content allows its flow-sheet to resemble more conventional mining / processing flow-sheets versus most hardrock lithium projects where concentrates are produced and then shipped elsewhere for further refining into higher quality products. Falchani's flow-sheet utilizes warm sulfuric acid leaching and impurity removal steps to produce a high purity lithium carbonate end pro...

Listed on the TSX Venture Exchange, Green Mining Innovation Inc. announces that trading of its securities has been halted by the British Columbia Securities Commission due to the delay in filing its annual financial statements for the fiscal year ended December 31, 2023, within the prescribed time period. Consequently, all transactions involving GMI securities are prohibited until further notice, in accordance with the terms of the cease trade order. With the resources and expertise at its disposal, GMI will be able to implement the necessary corrective measures very soon to properly address this issue. This situation results from a cyber attack that the organization fell victim to, which led to the loss and deletion of several documents, including important financial records...

Almaden Minerals Ltd. is pleased to announce that further to its press release of June 17, 2024, it has confirmed non-recourse litigation funding in the amount of up to US$9.5 million to pursue its international arbitration proceedings against the United Mexican States under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership . The Company has also agreed with Almadex Minerals Ltd. to an extension to the maturity of its gold loan, and a litigation management agreement to help streamline corporate management of the arbitration process. Non-recourse funding secured to pursue international arbitration proceedings against Mexico; Globally leading counterparty validates quality of legal claims; Gold loan maturity pushed out from March 31, 2026 to...

Almadex Minerals Ltd. is pleased to provide an update on its involvement in the international arbitration proceedings against the United Mexican States under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership discussed in our press releases of December 14, 2023, March 14, 2024, and June 17, 2024. The Company has recently signed with Almaden Minerals Ltd. agreements which will strengthen and streamline the corporate management of the arbitration process. Litigation Management Agreement The Company and its Mexican subsidiary have agreed with Almaden and its Mexican subsidiary to streamline the management of the arbitration proceedings by entering into a Litigation Management Agreement . Under the LMA, Almaden will bear the up-front costs of t...

Largo Inc. is pleased to announce the promotion of David Harris, CPA, CA, FCA , to Chief Financial Officer , subject to execution of definitive agreements, who has served as Corporate Controller of Largo since 2015. Mr. Harris has almost a decade of experience in his role of Corporate Controller and support to the CFO. This internal promotion provides continuity to Largo's management organization and allows the Company to remain focused on its operational objectives and cost controlling measures to enhance shareholder value. Mr. Harris succeeds Mr. Ernest Cleave who resigned from the Company. "We want to thank Ernest for his many years of service," said Chairman Alberto Arias, "and we are excited with David Harris' well deserved promotion to the CFO role and look forward to hi...

Coeur Mining Inc. today reported positive results from its multi-year exploration drilling and development program at the Kensington underground gold mine in Southeast Alaska. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240627482552/en/ Figure 1: Long section of Elmira Main and Elmira South with recent drill intercepts Kensington consists of multiple deposits including the Kensington, Elmira, Raven, Johnson and numerous other prospective vein zones. In the upper area of the Kensington deposit, previously outlined zones appear to be converging into single, wider mineable areas. The newly discovered Zone 50 in lower Kensington is growing rapidly, resulting in the development of additional exploration drifts to facil...

Sierra Metals Inc. is pleased to announce that, following its annual general meeting of shareholders held on Tuesday, June 25, 2024 , Miguel Aramburu has been appointed as Chair of the Board of Directors of the Company . Mr. Aramburu has 35 years of professional experience with 29 years related to the mining sector and joined the Board in June 2022. The Company also provides the detailed voting results from the Meeting. Ernesto Balarezo, the Chief Executive Officer of the Company, commented, "We are excited for Miguel to further his leadership position with the Company as the Chair of the Board. His senior leadership at large Peruvian mining operations as well as his significant experience acting on Sierra's Board will be invaluable as we move forward with our current initiat...

Vortex Metals Inc. is pleased to announce the appointment of Banco de Chile Director and distinguished businessman Mr. Paul Fürst to its Board of Directors. Mr. Fürst is also a principal in Windows Minerals, Vortex Metals Optionor on the Chilean Illapel Copper Project. "We are delighted to welcome Paul to the board of Vortex Metals. This appointment marks a significant event for the Company, as Paul's impressive credentials and extensive experience in the commercial real estate, banking and mining sectors will bring valuable insights and leadership to Vortex Metals", commented, Vikas Ranjan, Co-founder, president and CEO of Vortex Metals. Mr. Fürst stated, "I am very pleased to join the board of Vortex Metals. We believe that Illapel Project, together with projects in Mexico,...

First Mining Gold Corp. is pleased to announce the publication of its third annual Environmental, Social and Governance Report for the 2023 year . The ESG Report is part of the Company's ongoing and annual commitment to communicate our past achievements and share information on efforts made and to be made, showcasing our dedication to sustainable practices, ethical conduct and transparent governance, highlighting the strategic importance of these efforts in shaping First Mining's ongoing development. The ESG Report has been drafted with consideration of the Sustainability Accounting Standards Board reporting standards. 2023 Sustainability Highlights: Safety Performance: 0 total recordable injury cases and 174 hours of health and safety training provided. Diversity & Inclusion...

Gold Reserve Inc. announces today that it has been advised that Cantor Fitzgerald Canada Corporation has been successful in its marketing efforts and has closed the book on the Company's previously announced private placement of Class A common shares , including pursuant to the over-allotment option, for anticipated gross proceeds of up to US$36,000,000 at a price per Common Share of US$4.10 , as previously announced in the Company's press release dated June 25, 2024. The Share Offering is expected to be completed pursuant to a formal agency agreement to be entered into between the Company and CFCC, as lead agent and bookrunner. The closing of the Share Offering is expected to occur on or about July 3, 2024 and is subject to the completion of formal documentation and receipt o...

Camino Minerals Corp. is pleased to announce that it has been granted exclusivity to complete due diligence and negotiate documentation by August 31, 2024, to acquire the Puquios Project, a construction-ready copper project located in Chile, approximately 130 km northeast of La Serena, Coquimbo region . Camino has signed a non-binding Letter-of-Intent dated May 29, 2024, to acquire the Project in a 50:50 joint venture with Nittetsu Mining Co., Ltd. . On June 26, 2024, Camino made a cash payment to the vendor pursuant to the LOI in the amount of CAD$100,000 for the exclusivity arrangement. The Proposed Acquisition complements the Company's partnership with Nittetsu on the Los Chapitos copper project. Nittetsu is currently completing an earn-in on Camino's Los Chapitos copper p...

Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective at the open of U.S. equity markets on Monday, July 1st, 2024, according to a preliminary list of additions posted June 21st, 2024. The annual Russell U.S. Indexes reconstitution captures the 4,000 largest U.S. stocks as of Tuesday, April 30th, 2024, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and v...