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PTX Metals Inc. , a mineral exploration company focused on high-quality Cu-Ni-PGE-Au and gold projects in northern Ontario, is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement of units and flow-through common shares in the capital of the Company , which has been over-subscribed, raising gross proceeds of $3,021,770 . In addition, a final closing of the Private Placement is expected to occur on or about December 18, 2024. Pursuant to the closing of the First Tranche, the Company issued 16,603,715 FT Shares at a price of $0.14 per FT Share for aggregate gross proceeds of $2,324,520. Each FT Share will qualify as a "flow-through share" as defined in subsection 66 of the Income Tax Act . Also pursuant to the closing of...

FireFly Metals is pleased to advise that it has received conditional approval to list on the main board of the Toronto Stock Exchange. This listing is in addition to FFM's primary Australian Securities Exchange Listing. The Company expects the listing to take place on Monday, 16 December 2024 under the symbol "FFM". The main board TSX listing is a compliance listing only and will not be accompanied by a capital raising. FireFly had $88 million in cash at the end of October 2024, meaning it is fully-funded to execute its 2025 growth strategy. This strategy centres on growing the Resource at its Green Bay copper-gold project in Canada, which alrea...

Osisko Metals is pleased to announce that it has closed its previously-announced "bought deal" brokered private placement offering for aggregate gross proceeds of C$107.4 million, including the partial exercise the option granted to the Underwriters . In connection with the Offering, the Company issued an aggregate of 70,326,229 flow-through units of the Company consisting of 64,215,117 FT Units at an issue price of C$0.50 per FT Unit and 6,111,112 FT Units at an issue price of C$0.54 per FT Unit, for aggregate gross proceeds of C$35,407,558.98 and 277,051,466 units of the Company at a price of C$0.26 per HD Unit, for aggregate gross proceeds of C$72,033,381.16. Each FT Unit is comprised of one common share of the Company and one-half of one Common Share purchase warrant...

Nuinsco Resources Ltd. today announced a non-brokered private placement of flow-through common shares and common shares . Under the Private Placement, the Company could issue up to 100,000,000 Flow-Through Shares and/or Common Shares, dependent on investor demand, priced at $0.005. The Private Placement is expected to close on or about December 26, 2024. Proceeds from the sale of Flow-Through Shares will be used to advance the Company's Prairie Lake critical minerals project located near Terrace Bay, Ont.; proceeds from the sale of Common Shares may be used for general corporate purposes. Nuinsco's focus project, Prairie Lake, is a critical minerals asset hosting a 15.6 million tonne indicated and 871.8 million tonne inferred mineral resource . Metallurgical studies demonstrat...

Fidelity Minerals Corp. is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 1,670,000 flow-through units at a price of C$0.06 per FT Unit for aggregate gross proceeds of up to C$100,200 . Each FT Unit shall consist of one flow-through common share in the capital of the Company and one non-flow-through warrant , with each Warrant exercisable into one additional non-flow-through common share at a price of C$0.09 for a period of twenty-four months after the closing date of the Financing. The proceeds from the Financing will be used by the Company for eligible exploration expenditures. Closing of the Financing is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approva...

RC Drilling Underway at Gran Pilar Gold - Silver Project - Expansion Area Tocvan Ventures Corp. , is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement of Units for gross proceeds of $2,105,320 , which included $1,800,000 from a UK based institutional investor, Sorbie Bornholm LP , who has invested in several previous private placements with the Company since 2022. The Offering consisted of the issuance of an aggregate of 4,386,083 Units at a price of $0.48 per Unit. Each Unit consists 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 additional Common Share in the capital of the Company at a price of $0.75 for a pe...

Globex Mining Enterprises Inc. is pleased to provide additional drill results from Globex's infill drill program at Globex's 100% owned Ironwood gold project in Cadillac Township, Quebec, approximately 2.6 km east of the town of Cadillac. As in our recent press release of December 4th, we continue to intersect significant gold mineralization in a pyrite, pyrrhotite arsenopyrite sulphide replacement zone at the nose of an oxide iron formation fold at depths between 9 m and approximately 225 m vertical. The three drill hole assay results reported today are from shallow holes positioned to establish the near surface boundaries of the mineralized envelope. Drill results to date indicate that the mineralized envelope widens to depth and toward the center of the orebody. This is dem...

Saga Metals Corp. , a North American exploration company focused on critical mineral discovery in North America, is pleased to announce the completion of a targeted geophysics program over the Hawkeye Zone at the Radar Titanium-Vanadium project. Key Geophysics Highlights Expanded Zone Width: Geophysical surveys suggest the Hawkeye Zone's potential width has increased from 500 meters to 1 kilometer. Significant Strike Length: Surface sampling and geophysical results infer a 4-kilometer mineralized strike length. High-Grade Mineralization: The Hawkeye Zone includes high-grade mineralization, with samples returning 2.5% - 11.1% TiO? and 0.2% - 0.66% V?O?. Mineralized System Defined: Advanced geophysics clearly outlines the phases of a layered mafic intrusion, creating drill-read...

NYSE: VZLA TSX: VZLA Vizsla Silver Corp. is pleased to announce the commencement of its fully funded and fully permitted test mining and bulk sample program at its flagship, 100%-owned Panuco silver-gold project , located in Sinaloa, Mexico. The primary objectives for the Program will be to 1) reconcile actual geotechnical conditions at Copala with the current geotechnical model in preparation for full-scale development & operations, 2) provide initial reconciliation of resource models against actual grades and tonnes, and 3) build operational experience for the Panuco team. "The commencement of test mining and bulk sampling at Panuco is a significant milestone in our journey toward full-scale production," commented Simon Cmrlec, Chief Operating Officer. "This major de-riskin...

Formal Commencement of International Arbitration Proceedings for Significant Damages Claim Sarama Resources Ltd. announces that it has formally commenced arbitration proceedings against the State of Burkina Faso in relation to a dispute concerning the expropriation of the Company's Sanutura Project . The Company will seek full compensation for the loss and damages the Company has suffered as a result of certain acts and omissions by the Government of Burkina Faso. Based on a preliminary estimate, the Company will be seeking damages of no less than A$180 million and as the arbitration proceeds, the Company expects to appoint a quantum expert who will prepare a professional damages assessment for review by the arbitration tribunal. Following the establishment of a non-recourse ...

Abasca Resources Inc. is pleased to announce its 2025 Winter Program plan at its 100% owned Key Lake South Project , which includes approximately 5,000 metres of drilling to expand on the summer program's successful results . The drilling will continue at a 100 m x 100 m grid spacing to demonstrate the strike- and depth-extent of the Loki Flake Graphite Zone . The Company will also begin collecting field data for environmental baseline and hydrological studies. Additional testing of the new parallel prospective zone to the north of the Loki Zone will also be conducted during the program . The conductors in this area to the north of the Loki Zone were identified as priority targets in 2015 and are relatively untested for both graphite and uranium mineralization. Abasca is also...

Trans Canada Gold Corp. is pleased to announce that the Company has now completed another month of robust steady oil production for the month of November 2024, with trucking and oil sales to Altex. The two Lloydminster wells have shipped 5,197 barrels for the month of November and produced at an average daily rate of 183 bbl/d gross to the Company since being placed on production, representing its 18.75% working interest ownership in both wells. Production shipping and sales commenced on the first newly drilled Multilateral well a year ago on October 6th, 2023, and the new well was brought into production in mid-September 2024. Croverro Energy Ltd. is the Operator. The second newly drilled well the 8-23 targeting the GP zone, successfully commenced production of over 150 bbl/...

Tactical Resources Corp. , a mineral exploration and development company, announced today that it has entered into an amending agreement with Plum Acquisition Corp. III , a publicly traded special purpose acquisition company, amending certain terms of the previously announced business combination agreement dated August 22, 2024 . The Business Combination Agreement was entered into among the Company, Plum, Plum III Amalco Corp. , a corporation formed under the laws of the Province of British Columbia and a direct, wholly-owned subsidiary of Plum, and Plum III Merger Corp. , a corporation formed under the laws of the Province of British Columbia for the purposes of the proposed business combination . The Amendment, among other things, provides that Plum will apply for and effec...