• Montag, 23 Dezember 2024
  • 20:27 Uhr Frankfurt
  • 19:27 Uhr London
  • 14:27 Uhr New York
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  • Rugby Resources announces that due to subscriber demand, its board of directors has approved an increase to its private placement offering. The increased offering will consist of up to 81,840,000 Units , up from the 60,000,000 Units previously announced on November 18, 2024. The terms of the private placement financing will remain the same and each Unit will be offered at a price of $0.05 per Unit for gross proceeds of $4,092,000 . Each Unit will consist of one common share and one half common share purchase warrant . Each full Warrant Half Warrants together) will entitle the holder thereof to purchase one additional common share of the Company for a period of 18 months from the date of the close at an exercise price of $0.12. All securities issued pursuant to the Offeri...
  • December 11, 2024) Stellar AfricaGold Inc. (the "Company" or "Stellar announces: ANNUAL GENERAL MEETING POSTPONED The Annual General Meeting of shareholders scheduled for Thursday December 12, 2024 is not proceeding due to insufficient delivery of the Notice of Meeting and Management Information Circular resulting from service interruptions caused by the Canada Post strike. The meeting will be rescheduled once postal services resume. ABOUT STELLAR AFRICAGOLD INC. Stellar AfricaGold Inc. is a Canadian precious metal exploration company listed on the TSX Venture Exchange symbol TSX.V: SPX, the Tradegate Exchange TGAT: 6YP1 and the Frankfurt Stock Exchange FSX: 6YP1. The Company has its head officed in Vancouver, BC and has a representative office in Casablanca, Morocco. Stellar...
  • Vertex Minerals Ltd. is pleased to announce an update on the Reward Gold mine start up, with powering the plant up now completed and mechanical commissioning underway. The processing facility rebuild, refurbishment and installation has progressed safely, efficiently and to plan, with the focus now turning to dry and wet commissioning of the respective operating circuits. HIGHLIGHTS - Vertex power up the newly installed Gravity Gold plant at the Reward Gold Mine. - The Power generation units have now been installed and plugged into the Gravity plant. - The plant components are now all installed and connected electrically. - Completion of the dry stack tailing storage facility and tailings pipework installation. - The plant can now be started up and mechanically tested and oper...
  • Westgold Resources is pleased to advise it has executed a gold ore purchase agreement between its subsidiary, Big Bell Gold Operations Pty Ltd, and Zeus Mining Pty Ltd, an entity owned by New Murchison Gold Limited. The OPA remains subject to NMG shareholder approval as Westgold owns 18.7% of NMG and is therefore deemed a related party under the ASX Listing Rules. NMG will seek the requisite approval from its shareholders at a general meeting which will be called in January/February 2025. Crown Prince, which is located 33kms by road from Westgold's 1.6-1.8Mtpa Bluebird processing plant, has a current JORC Indicated and Inferred Mineral Resource of 2.21Mt @ 3.9g/t Au for 279Koz Au . Under the terms of the OPA, Westgold ha...
    12.12.2024
    von CNW
  • Abcourt Mines Inc. is pleased to announce that it has closed its previously announced brokered private placement conducted by Red Cloud Securities Inc., as lead agent and sole bookrunner , for aggregate gross proceeds of $5,254,012.55 from the sale of the following: 12,943,500 units of the Company at a price of $0.055 per Unit for gross proceeds $711,892.50 from the sale of Units; and 69,878,770 common shares of the Company that qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act and section 359.1 of the Taxation Act at a price of $0.065 per FT Share for gross proceeds of $4,542,120.05 from the sale of FT Shares. Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant entitles its holder t...
  • LaFleur Minerals Inc. announces a non-brokered private placement offering of up to 5,000,000 units at a price of C$0.30 per Unit for gross proceeds of up to $1,500,000 . 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 thereof to acquire one Common Share at an exercise price of C$0.55 per Common Share for a period of two years from the closing date of the Offering. The Warrants will be subject to an accelerated expiry, whereas anytime after four months following the issue date of the Units that the closing price of the common shares of the Company on the Canadian Securities Exchange is equal to or above a price of C$0.65 for ten consecutive trading days, the Company may file a...
  • VANCOUVER - Hertz Energy Inc. is pleased to announce that, further to its news release dated November 27, 2024, it has completed the consolidation of its common shares on a four to one basis . Registered holders can contact the Company's transfer agent, Odyssey Trust Company, via the contact information below to request their new, post-Consolidation Direct Registry System statements showing the adjustment to their position. Contact information for DRS: Direct Dial : 1-587-885-0960 US & Canada : 1-888-290-1175 Email: corp.actions@odysseytrust.com Registered shareholders whose email addresses are on file will have their new, post-Consolidation DRS statements emailed to them. About the Company The Company is a British Columbia-based mineral exploration company primarily enga...
  • 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 . View PDF 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 57,597,388 Common Shares, representing 10% of the 776,914,637 issued and outstanding Common Shares as of December 6, 2024, 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 ...
    11.12.2024
    von CNW
  • American Lithium Corp. is announcing that its Board of Directors has approved the voluntary delisting of its common shares from the Nasdaq Capital Market and the deregistration with the U.S. Securities and Exchange Commission . American Lithium has notified Nasdaq of its intention to voluntarily delist the American Lithium Shares. The Company currently anticipates that it will file with the SEC a Form 25, Notification of Removal of Listing and/or Registration under Section 12 of the Securities Exchange Act of 1934, as amended , relating to the delisting and deregistration on or about December 20, 2024, with the delisting of American Lithium Shares taking effect ten calendar days thereafter. As a result, the last trading day of the American Lithium Shares on the Nasdaq Capital...
  • Elcora Advanced Materials Corp. is providing an update to its shareholders regarding the potential impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver its meeting materials to shareholders in connection with its upcoming annual general and special meeting of shareholders scheduled to be held on January 7, 2025 at 2:30 p.m. Atlantic Standard Time at the offices of 749 Shore Dr, Bedford, Nova Scotia B4A 2E2 . As a result of the strike, the Company has satisfied all the conditions outlined in NI 51-931 - Temporary Exemption from requirements in National Instrument 51-102 Continuous Disclosure Requirements and National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Iss...
  • SPOD Lithium Corp. is pleased to announce the closing of the first tranche of its private placement for gross proceeds of $385,000 . In connection with the closing of the Offering, the Company issued 7,700,000 units at a price of $0.05 per Unit. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant of the Company, whereby each whole Warrant will convertible into one additional Common Share at an exercise price of $0.10 for a period of twenty-four months following the closing date of issuance. The Warrants include an acceleration clause to the effect that if the daily volume weighted average closing price of the common shares on the Canadian Securities Exchange is at least $0.20 per Common Share for a period of twenty consec...
    11.12.2024
  • Eldorado Gold Corp. today releases its updated Mineral Reserve and Mineral Resource estimates as of September 30, 2024. "Our updated Mineral Reserves estimate provides a solid foundation and underpins our production profile over the next decade and beyond," said George Burns, President and CEO. "We were pleased to increase our Mineral Reserves by approximately 2% overall, driven by increases at the Lamaque Complex and Efemcukuru that extends Reserve mine life significantly and complements our already long mine life assets at Skouries, Kisladag and Olympias. The Lamaque Complex Mineral Reserve increased by 45%, driven primarily by the declaration of an Inaugural Mineral Reserve at Ormaque of 619 thousand ounces. This follows a solid track record of successfully replacing Mineral...
  • NexGold Mining and Signal Gold are pleased to announce that, further to the companies' joint news releases dated Oct 10, Oct 23, 2024 and Nov 6, 2024, Signal Gold has exercised its upsize option and on December 10, 2024 closed an additional tranche of its previously announced oversubscribed concurrent financing of subscription receipts. Tranche 2 consisted of an issuance of an aggregate of 3,044,228 subscription receipts at a price of $0.08705 per Subscription Receipt, for gross proceeds of $265,000.05. Together with the first tranche of the Hard Dollar Financing, the full Hard Dollar Financing consisted of an aggregate of 123,120,068 Subscription R...
    11.12.2024
  • Highlights: Recent drilling significantly expands the high-grade Vega Zone at CV13: 31.2 m at 3.35% Li2O, including 4.7 m at 5.37% Li2O. 31.8 m at 2.07% Li2O, including 11.7 m at 3.47% Li2O. Includes a 0.9 m sample at 7.11% Li2O, the highest-grade core sample collected from the Property to date. 35.7 m at 1.65% Li2O, including 28.3 m at 2.05% Li2O. 33.0 m at 2.02% Li2O, including 4.6 m at 4.19% Li2O. 29.2 m at 2.05% Li2O, including 14.3 m at 3.09% Li2O . Vega Zone remains open in multiple directions. The Vega Zone is coincident with an interpreted structural corridor extending for approximately 3.3 km along strike to the CV12 Spodumene Pegmatite - a highly prospective corridor that remains to be drill tested. This association significantly enhances ...
    11.12.2024
    von CNW
  • OceanaGold Corp. is pleased to announce the Waihi District Pre-feasibility Study results, which includes the existing Waihi operation and the proposed Wharekirauponga underground mine in New Zealand. Waihi District PFS Highlights Initial Mineral Reserve for Wharekirauponga Underground of 4.1 Mt at 9.2 g/t for 1.2 Moz of gold After-tax NPV5% of $621 million at a gold price of $2,400 per ounce, or $138 million at $1,750 per ounce IRR of 24% at a gold price of $2,400 per ounce, or 9.2% at $1,750 per ounce Gold production of 1.6 Moz over a 15-year mine life at an average All-in Sustaining Cost of $994 per ounce Significant project upside at Wharekirauponga with ~400 koz of Inferred Resources and recent results confirming the EG Vein Zone mineralization extends a further 270 metre...
    11.12.2024
    von CNW


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