• Dienstag, 23 Juli 2024
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  • SolGold is pleased to announce that it has entered into a syndicated gold stream agreement with Franco-Nevada Corporation and Osisko Bermuda Limited for the provision of US$750 million in project advancement funding and a proportion of development funding in exchange for a percentage of the gold produced from the Cascabel Project . The Deposit comprises two funding segments, of which Franco-Nevada and Osisko will contribute 70% and 30%, respectively: i) the initial deposit : US$100 million paid over three tranches, a third of which is expected to be received later today, allocated towards de-risking, permitting, completion of the development funding package and completion of the feasibility study on the Project to take it to a Final Development Investment Decision, and ii) the construction...
    15.07.2024
  • MID-CoTec Holdings Corp. and Mkango Resources Ltd. are pleased to announce the findings of the mid-project review for the bankable feasibility study for HyProMag USA, LLC, a Delaware corporation . Canada-based BBA USA Inc. and U.S.-based PegasusTSI Inc. have been engaged to complete the HyProMag USA bankable Feasibility Study to engineer and design its REE magnet recycling plants and a production facility in the United States. The Feasibility Study will be completed during Q4, 2024. HyProMag USA has the potential to supply the U.S. market with a sustainable, long term domestic supply of neodymium/iron/boron permanent magnets to enable the creation of secure, low carbon and traceable rare-earth supply chains. The key findings are: Feasibility Study is now 50 per ...
    15.07.2024
  • Amaroq Minerals Ltd. , an independent mine development company with a substantial land package of gold and strategic mineral assets in Southern Greenland, is pleased to provide a video update on operations at its cornerstone Nalunaq mine. The video update of the developments at Nalunaq is available to watch at the below link: https://www.youtube.com/watch?v=8tVqKdQED0I Eldur Olafsson, CEO of Amaroq Minerals, commented: "Development activities at Nalunaq continue to advance, as we work towards the milestone of First Gold later this year. We are pleased to share a video update of our latest progress. This week we were also delighted to host Greenland's Prime Minister Múte Bourup Egede on site for a visit to present our progress in person." Image: Greenland Prime Minister Múte B...
    15.07.2024
  • MONTRÉAL, July 13, 2024 /CNW/ - - Champion Iron Ltd. is temporarily shutting down operational activities at its Bloom Lake mine in response to forest fires north of its operations. In the evening of July 12, 2024 , the community of Labrador City, located approximately 20 kilometres from Bloom Lake, was ordered to evacuate. With the forest fires now only a few kilometres from Bloom Lake and to prioritize the safety of its employees, the Company initiated its emergency response protocol and is gradually evacuating its workforce. Champion is collaborating with local and regional authorities and mobilized teams, including its fire brigade, to mitigate the impact of the forest fires on its infrastructure and initiated preventive measures to protect higher risk facilities. The Comp...
    13.07.2024
    von CNW
  • Iron Ore Company of Canada is initiating a safe and coordinated temporary shut down of its operations in response to the Provincial Government's evacuation order for Labrador City. The order stems from extreme fire behaviour that has occurred yesterday and is expected to continue into today. The fire has the potential to grow significantly closer to Labrador West over the next 24 to 48 hours. About Labrador Iron Ore Royalty Corporation Labrador Iron Ore Royalty Corp. holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty on all iron ore products produced, sold and shipped by IOC and a 10 cent per tonne commission on all iron ore products produced and sold by IOC....
    13.07.2024
    von CNW
  • Further to the Corporation's previous Financing announcement released on July 3, 2024, Element79 Gold Corp. is pleased to announce the successful completion of its first tranche of its placement for $288,815 of funding through its Non-Brokered Private placement. This tranche of closing will see the Company issue a total of 1,255,717 Units for this tranche. The Placement consists of Units of the Company at a purchase price of $0.23 per Unit. Each Unit will be comprised of one common share of the Company and one common share purchase warrant . Each Warrant will be exercisable for one Common Share at a price of $0.35 per Common Share for four years from the date of issuance. All securities issued for the placement will be subject to a four month and one day hold from the date of...
  • Elcora Advanced Materials Corp. , , announces today that, as a result of delays to its audit, the Company's annual financial statements and accompanying management's discussion and analysis for the fiscal year ended March 31, 2024 may not be finalized by July 29, 2024, being the date that such filings are due under applicable Canadian securities law requirements. Accordingly, the Company will apply to the Nova Scotia Securities Commission for a management cease trade order . The Company's inability to finalize its Annual Filings on time is due to additional time being required to audit transactions carried out by the Company's subsidiary located in Morocco, along with the enhanced quality controls by the Company's auditors. If the MCTO is granted, the Company will comply with...
  • Rome Resources Ltd. is pleased to announce that, at its special meeting of the holders of common shares held earlier today, Rome Shareholders approved a special resolution authorizing and approving the previously announced arrangement under section 288 of the Business Corporations Act among Rome, Pathfinder Minerals Plc and 1475033 B.C. Ltd., pursuant to which, among other things, Pathfinder will, subject to satisfaction of the conditions set out in the arrangement agreement dated May 7, 2024, as amended, relating to the Arrangement, acquire all of the issued and outstanding Rome Shares for consideration consisting of 19.54 Pathfinder ordinary shares in exchange for each Rome Share held. The Arrangement Resolution required approval from at least 66 2/3% of the votes cast by R...
    13.07.2024
  • Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, sold 193,900 common shares of Lavras Gold Corp., over the TSX Venture Exchange at a price of $2.0754 per Share for aggregate consideration of $402,420.06. Prior to the disposition of Shares, Mr. Sprott beneficially owned 7,589,300 Shares representing approximately 14.8% of the outstanding Shares on a non-diluted basis. As a result of the disposition of Shares, Mr. Sprott now beneficially owns 7,395,400 Shares representing approximately 14.4% of the outstanding Shares on a non-diluted basis. The acquisition combined with prior treasury issuances of Shares resulted in a decrease in holdings, on a partially diluted basis, of approximately 2.2% since the date of the last fili...
    13.07.2024
  • Majestic Gold Corp. is pleased to announce that the management nominees listed in the Information Circular for the 2024 Annual General Meeting of Shareholders held on July 11, 2024, were elected as Directors of the Company. The shareholders re-elected Stephen Kenwood, Chengliang Jiang, Charles Uy and John Campbell for the upcoming year. Other resolutions submitted by management to shareholders for consideration were approved as presented, including the approval of the Company's Stock Option Plan as summarized in the Information Circular . Approval of the re-appointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as auditors for the ensuing year, and authorized the Directors to fix their remuneration . Following the AGM, the Board of Directors ...
  • Maritime Resources Corp. announces that at the annual general and special meeting of shareholders of the Company , shareholders will be asked to pass, with or without variation, an ordinary resolution to approve a consolidation of the common shares in the capital of the Company on the basis of up to ten pre-Consolidation Common Shares for one post-Consolidation Common Share, as and when determined by the board of directors of the Company in its sole discretion. The Board is seeking authority to implement the Consolidation if and when it believes such action shall be appropriate and beneficial to the capital structure of the Company. The Company believes that the Consolidation could also broaden the pool of investors that would consider investing in Maritime, thereby resulting...
    13.07.2024
  • New Break Resources Ltd. announces that it intends to close a non-brokered private placement with a greater than 10% security holder, on July 18, 2024 . The Offering consists of the sale of 1,500,000 flow-through units at a price of $0.11 per FT Unit, for gross proceeds of $165,000. Each FT Unit consists of one common share that will qualify as a "flow-through share" of the Income Tax Act and one common share purchase warrant, with each Warrant entitling the holder thereof, to purchase one additional non-flow-through Common Share of the Company at a price of $0.25 until July 18, 2029. The Warrants are subject to an acceleration clause, whereby if the closing price of the Common Shares of the Company on the Canadian Securities Exchange is equal to $0.40 or higher for five non-...
    13.07.2024
  • Defiance Silver Corp. announces that it has closed on July 12th, 2024 the first tranche of a non-brokered private placement of units of the Company at a price of C$0.20 per Unit , for aggregate gross proceeds of C$2,613,900. Marketed Offering Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will be exercisable by the holder thereof to acquire one common share of the Company at a price of C$0.35 at any time on or before the date which is 24 months after the Closing Date. The net proceeds of the Offering will be used by the Company for exploration and general working capital purposes. Under applicable securities legislation and the policies of the TSX Venture Exchange, the securities issued in this Offeri...
    12.07.2024
  • Alamos Gold Inc. is pleased to announce the completion of the previously announced acquisition of all the issued and outstanding common shares of Argonaut Gold Inc. not already held by Alamos. A Final Order was granted by the Ontario Superior Court of Justice on July 5, 2024 approving the Plan of Arrangement pursuant to which the Transaction was implemented. Approval from the Federal Economic Competition Commission in Mexico was also obtained on July 11, 2024. As part of the Transaction, Alamos acquired Argonaut's Magino mine, located adjacent to Alamos' Island Gold mine in Ontario, Canada. Argonaut's assets in the United States and Mexico have been spun out as a newly created junior gold producer named Florida Canyon Gold Inc. . Under the terms of the Transactio...
  • Monumental Energy Corp. is pleased to announce that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, were approved by the requisite majority of votes cast at the annual general and special meeting of shareholders held on July 12, 2024 , including fixing the number of directors at six, electing each of Michelle DeCecco, Max Sali, Ryan Cheung, Kris Raffle, Wasim Rehman and Frank Jacobs as directors of the Company to hold office for the ensuing year and appointing Crowe MacKay LLP as the Company's auditors for the ensuing year and authorizing the board of directors to set their remuneration. The Company's shareholders also approved, ratified and affirmed a new rolling equity incentive plan . The Equity...
    12.07.2024
    von CNW



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