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Li-Metal enters into non-binding LOI for all cash transaction for sale of lithium metal technology to support the continued commercialization of lithium anode technology Li-Metal Corp. , a developer of lithium metal anode and lithium metal production technologies critical for next-generation batteries, has entered into a non-binding letter of intent dated June 27, 2024, with an arm's length purchaser , detailing a proposed acquisition of Li-Metal's lithium metal business for an indicative purchase price of US$11,000,000 following the previously announced advanced discussions regarding the potential sale of the Company's lithium production business. The LOI grants the potential purchaser an exclusivity period of no less than 30 days for the parties to negotiate the potential t...

Troilus Gold Corp. is pleased to announce that it has filed its NI 43-101 Technical Report in support of its Feasibility Study for the Troilus Project, located in northcentral Quebec, Canada within the Frôtet-Evans Greenstone Belt. The Technical Report titled "NI 43-101 Feasibility Study: Troilus Gold - Copper Project Québec Canada" dated June 28, 2024, with an effective date of May 14, 2024, was prepared by AGP Mining Consultants Inc. and is in accordance with the National Instrument 43-101 Standards of Disclosure for Mineral Projects and supports the disclosures made by the Company in its news release dated May 14, 2024. A full copy of the Report is available on the Troilus website at www.troilusgold.com and can be found at SEDAR+ under the Company's issuer profile. Qualifie...

Pacific Ridge Exploration Ltd. is pleased to announce that the following directors were elected at its Annual General and Special Meeting held on June 27, 2024: Gerald Carlson, Blaine Monaghan, Bruce Youngman , and Gary Baschuk . In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of the Company, and approved Pacific Ridge's rolling incentive stock option plan and the adoption of the Company's amended and restated articles . The Plan and the Amended Articles are subject to TSX Venture Exchange acceptance. Further, the Company would like to announce that Pacific Ridge's long-serving CFO, Salvador Miranda, retired at the AGSM. Harry Nijjar is the Company's new CFO. Pacific Ridge would like to thank Salvador for his service and...

Sierra Metals Inc. announces, as at June 28, 2024, the Company's common shares will begin trading on the Bolsa de Valores de Lima under the symbol of BVL:SMT. Mr. Ernesto Balarezo, CEO of Sierra Metals, comments, "We are pleased to list our common shares on the Lima Stock Exchange allowing Sierra Metals to increase its investor exposure and liquidity potential by accessing the Nuam Exchange that is an agreement among the Chilean, Colombian, and Peruvian markets; allowing investment funds, institutions, and retail investors to participate in the Company's growth." About the Lima Stock Exchange The Lima Stock Exchange , today a subsidiary of Nuam Exchange, is the first regional integration of stock exchanges, bringing together the Chilean, Colombian, and Peruvian markets. The m...

SASKATOON, SK and TORONTO, June 28, 2024 /CNW/ - IsoEnergy Ltd. has agreed to settle a portion of the interest payments due to Queen's Road Capital Investment Ltd. as at June 30, 2024 in common shares of the Company . Pursuant to the unsecured convertible debenture dated August 18, 2020, between QRC and the Company , as at June 30, 2024, the Company will owe QRC interest in the amount of US$255,000, of which US$74,998.56 will be settled with the issuance of 24,752 Shares at a deemed price of US$3.03 per Share. Pursuant to the unsecured convertible debenture dated December 6, 2022 between QRC and the Company , as at June 30, 2024, the Company will owe QRC interest in the amount of US$200,000, of which US$49,998.03 will be settled with the issuance of 16,501 Shares at a deemed ...

Scorpio Gold Corp. is pleased to announce the appointment of Mr. Harrison Pokrandt as the Company's new Vice President of Exploration. With over eight years of experience in mineral exploration, Mr. Pokrandt has developed extensive geologic knowledge working on various styles of gold deposits worldwide. His global experience includes projects in Canada, the United States, Uzbekistan, Finland, Japan, and Mali. Primarily in his role with major producer B2Gold Corp. , Mr. Pokrandt was involved in projects and mines at all stages of development, from grassroots exploration to active mining operations. Notable projects he has worked on include B2Gold's Fekola, Skeena Resources's Eskay Creek, and most recently B2Gold's Back River Project. Additionally, Mr. Pokrandt se...

Dawn Zhou, the President and Chief Executive Officer of Abasca Resources Inc. , #208 - 211 4th Avenue North, Saskatoon, Saskatchewan, S7K 2L8 , announces that in connection with the closing of a non-brokered private placement by Abasca on June 27, 2024, 9169601 Canada Inc. acquired 15,168,750 units of Abasca at a subscription price of $0.16 per Unit for a total subscription price of $2,427,000. Each Unit is comprised of one flow-through common share of Abasca , and one-half of one Common Share purchase warrant . Each Unit Warrant entitles the holder to purchase one non-flow-through Common Share at a price of $0.20 per Common Share for a period of 24 months. Ms. Zhou holds 100% of the common shares and 100% of the preferred shares of 916. Prior to the closing of the Private Pl...

MAX Power Mining Corp. is pleased to announce that Mr. Stephan Séjourné, P.Geo., has joined MAX Power as a Natural Hydrogen Scientific Advisor. MAX Power is in the midst of a major land acquisition program, rapidly assembling a top-tier portfolio of Natural Hydrogen targets, and Mr. Séjourné's expertise in this sector and familiarity with Quebec further enhances MAX Power's first mover leadership among publicly traded companies targeting North America's first Natural Hydrogen discoveries. Mr. Séjourné is CEO and founder of Enki GeoSolutions based in Montreal and is also one of several lead authors of six recently released groundbreaking research reports on Natural Hydrogen prepared for and funded by the Government of Quebec. Mr. Séjourné commented: "The Natural Hydrogen secto...

Abasca Resources Inc. is pleased to announce the closing of the $3.65 million non-brokered private placement that comprised of the sale of 21,875,000 units of the Company at a price of $0.16 per FT Unit and 1,071,428 units of the Company at a price of $0.14 per NFT Unit. Each FT Unit is comprised of one common share of the Company issued as a "flow-through share" of the Tax Act) and one-half of one non-transferable non-flow-through Common Share purchase warrant of the Company . Each full Warrant will entitle the holder thereof to purchase one non-flow-through Common Share at an exercise price of $0.20 per Warrant Share for a period of 24 months expiring on June 27, 2026. Each NFT Unit is comprised of one Common Share and one-half of a Warrant. All securities issued in connect...

Vior Inc. is pleased to announce, following the closing on March 28, 2024 of Vior's $19.3 million offering that included a combination of units of the Corporation and subscription receipts of the Corporation , that the Escrow Release Conditions relating to the Subscription Receipts have been satisfied. This has resulted in the Subscription Receipts being automatically converted into Units, and the Escrowed Funds being released to Vior. In connection with the Offering, 19,840,000 Subscription Receipts were issued to Osisko Mining Inc. at an issue price of $0.125 per Subscription Receipt, for gross proceeds of approximately $2.48 million. Each Unit is comprised of one common share of the Corporation and one-half of one common share purchase warrant of the Corporati...

Abasca Resources Inc. is pleased to announce the closing of the $3.65 million non-brokered private placement that comprised of the sale of 21,875,000 units of the Company at a price of $0.16 per FT Unit and 1,071,428 units of the Company at a price of $0.14 per NFT Unit. Each FT Unit is comprised of one common share of the Company issued as a "flow-through share" of the Tax Act) and one-half of one non-transferable non-flow-through Common Share purchase warrant of the Company . Each full Warrant will entitle the holder thereof to purchase one non-flow-through Common Share at an exercise price of $0.20 per Warrant Share for a period of 24 months expiring on June 27, 2026. Each NFT Unit is comprised of one Common Share and one-half of a Warrant. All securities issued in connect...

NV Gold Corp. announces that further to its news release dated April 19, 2024, the Company and John Watson , the Chief Executive Officer and a director of the Company, have entered into agreements to extend the maturity date of a US$100,000 secured loan issued by the Lender to the Company on June 26, 2023; and a US$100,000 secured loan issued by the Lender to the Company on July 10, 2023 . The maturity date of the Loans has been extended to the earlier of July 10, 2025; and the date the Lender demands repayment of the applicable Loan. Each of the Loans were originally due to mature on the earlier of: one year from the effective date of the applicable Loan; and the date the Lender demands repayment of the applicable Loan. The Loans are secured by a share pledge agreement, purs...

NioCorp Developments Ltd. , is pleased to announce that the U.S. Securities and Exchange Commission has made effective a $200 million shelf registration statement on Form S-3 . The Shelf Registration Statement will allow the Company the flexibility from time to time to offer and sell up to $200 million of securities, including common stock, on a registered basis in the U.S. The specific securities and terms of each such future offering of securities, if any, along with the intended use of any net proceeds therefrom, would be described in detail under a separate prospectus supplement at the time of any such offering. Mark A. Smith, NioCorp's CEO and Executive Chairman, said: "The Shelf Registration Statement provides us with added flexibility so that NioCorp can access capital...