• Sonntag, 29 Dezember 2024
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  • Sokoman Minerals announces a non-brokered private placement of flow-through shares for gross proceeds of up to CAD$1,500,000. The Private Placement is expected to close on or before December 16, 2024. The Private Placement is priced at CAD$0.04 per FT share, with each flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act . The Company also announces a non-flow-through CAD$0.035 share financing for aggregate gross proceeds of up to CAD$250,000. All securities issued pursuant to the FT Financing and the NFT Financing will be subject to a four-month and one-day hold period. In connection with the Fi...
    04.12.2024
  • Chibougamau Independent Mines and Globex Mining Enterprises are pleased to provide an update as regards the Mont Sorcier Iron Project. Chibougamau maintains a 2% Gross Metal Royalty on all mineral production from the property and Globex maintains a 1% Gross Metal Royalty on iron produced from the property. As a reminder, the Mont Sorcier Iron Deposit is a 678.5 Mt Indicated Resources and 546.6 Mt Inferred Resources Deposit which will produce a ±67% iron concentrate with less than 2.5% silica and alumina combined. Source: NI 43-101 Technical Report, Preliminary Economic Assessment for the Mont Sorcier Project - Quebec, Canada dated September 8, 2022 and June 9, 2022 for the Effective Date of Resource. Prepared by Qualified Persons...
  • SKRR Exploration Inc. is to hold its annual general and special meeting of the shareholders of the Company on December 13, 2024 at 10:00 a.m. . The Shareholders of record as of the close of business on November 8, 2024 are entitled to receive notice of and to vote at the Meeting. The Shareholders are urged to vote before the proxy deadline of 10:00 a.m. on December 11, 2024. The Company is providing an update to 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 the Meeting. The Company delivered the completed Notice of Meeting, Information Circular and related proxy materials to the appropriate parties for ...
    04.12.2024
    von CNW
  • The Board of Besra Gold Inc. announced on 27 September 2024 that Besra received a Statement of Claim in relation to legal proceedings initiated in the Superior Court of Justice . The Company and all defendants have engaged lawyers to defend the litigation. In addition, the Plaintiffs recently brought a motion to the Court in Ontario for an Order appointing one new director to the Board of Besra and establishing a two-person Nomination Committee to recommend persons to be nominated for election to the Board of Besra. However, the Plaintiffs have decided not to pursue the motion and have not nominated any directors for election at the Annual General and Special Meeting scheduled for 20 December 2024. This announcement was authorised for release by the Board of Besra Gold Inc. Mi...
    04.12.2024
  • Bulgold Inc. announces that the Company intends to extend the expiry dates of a total of 3,683,413 common share purchase warrants , which were issued as part of the private placement of the Company on June 23, 2023 and July 7, 2023, and are currently set to expire on December 23, 2024. The Company has made an application to the TSX Venture Exchange to extend the expiry date from December 23, 2024 to June 23, 2028. Holders of Warrants will not receive an amended Warrant certificate. The extension of the expiry date of the Warrants is subject to the approval of the TSXV. A portion of the Warrants are held by insiders who are considered to be "related parties" of the Company. Therefore, the amendment of Warrants constitutes a "related party transaction" under Multilateral Instru...
  • Progressive Planet reports gross margin of 38.6%, its highest ever Operational income surged to $1.05 million in Q2, up from $257K in the same period last year Rising profitability allows recognition of deferred income tax assets on the balance sheet Progressive Planet Solutions Inc. is pleased to announce its financial results for its second quarter ending on October 31, 2024. The Company's implementation of its cost cutting plan beginning in late fiscal 2023, and its parallel focus on transitioning to higher-margin products, have contributed to a significant improvement in profitability during the second quarter, as compared to the prior year's second quarter. "In fiscal 2024, we focused on cost controls and positioning for long-term growth. This strategy paid off with a st...
    04.12.2024
    von CNW
  • Oroco Resource Corp. announces that due to the ongoing Canada Post strike , the information circular and related materials for its upcoming Annual General Meeting to be held on Thursday, December 12, 2024, are posted under the Company's profile on www.sedarplus.ca and on the Company's website at www.orocoresourcecorp.com/investors/agm-materials/. Shareholders of the Company are encouraged to access the Meeting Materials directly through the above-mentioned website. While the Meeting Materials have been mailed in the normal course, due to the Postal Strike there can be no assurance that they will be delivered prior to the Meeting. The purpose of the Meeting is to receive and consider the audited annual financial statements of the Company; re-appoint Davidson & Company LLP as a...
  • 7 NO.596/2014 2018, for Condor Gold plc by METALS EXPLORATION PLC to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act 2006 Condor Gold plc Summary The boards of Metals Exploration plc and Condor Gold plc are pleased to announce tha...
    04.12.2024
  • Caprock Mining Corp. is pleased to announce that, further to its press releases dated September 23, 2024 and November 1, 2024, it has entered into a binding option agreement dated December 3rd, 2024 setting out the terms of an option to acquire a 100% interest in the Destiny gold property located near Val D'Or, Quebec from Big Ridge Gold Corp. . Destiny comprises 127 mineral claims that collectively span an area of 5,013 hectares located less than two hours' drive from Val D'Or. The project lies along a major deformation corridor in the Abitibi greenstone belt that includes the prolific Cadillac-Larder Lake and Destor-Porcupine fault zones which host numerous producing and development-stage gold deposits that are in close proximity to Destiny . The project overl...
    04.12.2024
  • West Red Lake Gold Mines is pleased to provide an operations update on restart readiness activities at its 100% owned Madsen Mine project. "As we push towards our goal of restarting the Madsen Mine next year, the team continues to make great progress on achieving key operational readiness milestones," said Shane Williams, President and CEO. "Access development for test mining has been underway since late summer, putting us on the edge of mining. The bulk samples generated through the test mining program will be stockpiled on surface and then batch processed. Meanwhile the Connection Drift, primary crusher, and camp projects are being completed on schedule while definition drilling and mine planning and optimiz...
  • Eric Sprott announces that on December 3, 2024, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 1,500,000 Units of the Excellon Resources Inc. through a private placement, at $0.105 per Unit for total consideration of $157,500. Each Unit consists of one common share and one-half of one Share purchase warrant , with each whole Warrant entitling the holder to acquire one Share at $0.15 for 24 months from the date of issuance. Prior to the acquisition, Mr. Sprott controlled 4,293,143 Shares representing approximately 3.7% of the outstanding Shares. As a result of the acquisition, Mr. Sprott now beneficially owns and/or controls 5,793,143 Shares and 750,000 Warrants, representing approximately 4.2% of the outstanding Shares on a non-diluted basis and 4.8% o...
    04.12.2024
  • Highlights April 12, 2024: Tonogold acquires a large, diversified uranium company based in the USA. May 10, 2024: Tonogold's merger partner secures two additional leases, expanding the Sky Uranium portfolio by 1,285 acres . May 30, 2024: Positive assay results from a sampling program at the Stateline Project, including scintillometer readings up to 45,200 cps, with assays revealing >1% Uranium and >1% Vanadium. October 29, 2024: Tonogold's board approves its rebrand as Uranium American Resources Inc. and announces new board. Tonogold Resources / Uranium American Resources Inc. holds three unique, low-risk uranium and vanadium projects strategically located in the western-central USA, an area historically known for substantial uranium and vanadium production. These projects are in clo...
    04.12.2024
  • Globex Mining Enterprises Inc. is pleased to present the assays from the first four drill holes on Globex's 100% owned Ironwood gold deposit located in Cadillac Township, Quebec, 2.6 km east of the town of Cadillac. Previous wide spaced drilling outlined a gold deposit from 30 metres to ± 225 metres vertical with an Inferred Resource of 243,200 tonnes grading 17.26 g/t Au. The 2008 NI 43-101 Technical Report is by Consulting geologist and Qualified Person, Reno Pressacco, M.Sc. , P.Geo. titled "Technical Report for the Mineral Resource Estimate, Ironwood Project, Cadillac Township, Quebec . The current drill program consists of at least 17 holes designed as infill holes and, as well, targeting and determining the outside boundaries of the deposit. Despite the relatively small ...
  • Orecap Invest Corp. is pleased to announce that it has entered into a binding term sheet for an investment in Metal Energy Corp. , a junior mineral exploration company which recently acquired the Highland Valley Project, located adjacent to Teck Resources' Highland Valley Copper mine in British Columbia . Details on Metal Energy and its Recently Acquired Highland Valley Project Orecap will be the lead order in Metal Energy's non-brokered private placement for aggregate gross proceeds of up to $500,000. The Offering consists of any combination of units of the Company at $0.04 per unit and flow-through units of the Company at a price of $0.05 per FT Unit. Orecap intends on subscribing for up $220,000 of the Units in the Offering. Each Unit will be comprised of one common share ...
    04.12.2024
  • HIGHLIGHTS Novo has sold 38% of its shareholding in privately-owned San Cristobal Mining for gross proceeds of A$11.5 million . The San Cristobal Share Sale exceeds the current internal fair value per San Cristobal share on Novo's balance sheet as of September 30, 2024. The San Cristobal Share Sale implies that Novo's remaining shareholdings in San Cristobal would have an estimated value A$19 million . The funds received from the San Cristobal Share Sale will support Novo's current exploration programs across Western Australia and Victoria, enable Novo to focus on identifying additional exploration opportunities, and be used to repay the first portion of the deferred consideration owed to IMC Holdings of A$3 million due in late December 20241. Following the partial sale of its San Cristoba...


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