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  • Canterra Minerals Corp. announces that it has completed its previously announced non-brokered private placement pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions for gross proceeds of $1,232,970 and an additional non-brokered private placement of FT Shares for gross proceeds of $300,000 , for aggregate gross proceeds of approximately $1.5 million. Pursuant to the LIFE Offering, Canterra issued 20,549,498 units at a price of $0.06 per Unit for gross proceeds of $1,232,970. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one additional common share of the Company at a price of $0.09 until June 27, 2026....
    27.06.2024
  • Labrador Gold Corp. is pleased to announce that, further to its press releases dated April 22, 2024 and May 23, 2024, Shareholders voting at the Annual General and Special Meeting of Shareholders held on June 27, 2024 approved the sale of the Kingsway Project to New Found Gold Corp. by a majority of 87.8%. Shareholders also overwhelmingly approved the re-election of the Board of Directors, the re-appointment of the Company's auditors and the ratification of the 2023 Stock Option Plan. NFG will acquire a 100% interest in the Kingsway Project, including all property and mining rights associated with the property, in exchange for $20,000,000 CAD payable and satisfied by the delivery to LabGold of such number of NFG Common Shares determined by dividing the Purchase ...
  • Cordoba Minerals Corp. announces today that at its Annual General Meeting of Shareholders held on June 26, 2024, all Directors nominated as listed in the Management Information Circular dated May 15, 2024 were elected. Shareholders voted to set the number of Directors at seven for the ensuing year. Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba, is pleased to announce the appointment of Mr. Jordan Neeser as a non-independent director, and Mr. Terry Krepiakevich as an independent director to the Company's Board. "We welcome Jordan and Terry to join the Cordoba Board," commented Ms. Sarah Armstrong-Montoya. "Their extensive experience and insights will be invaluable to the Company as we continue to advancing the Alacran Project into an operating coppe...
    27.06.2024
  • K92 Mining Inc. is pleased to announce the voting results of its 2024 annual general and special meeting of shareholders that was held today as a virtual and in-person event. All of the resolutions proposed at the meeting were duly passed. A total of 141,520,311 common shares, representing 59.80% of the Company's issued and outstanding common shares as at the record date were voted. All of the Company's seven director nominees were elected and detailed results of the votes on directors are shown below: Name of Nominee Votes For Votes Withheld Number % Number % Mark Eaton 126,670,347 97.75 2,911,065 2.25 Anne E. Giardini 127,562,682 98.44 2,018,730 1.56 Saurabh Handa 126,876,404 97.91 2,705,008 2.09 Cyndi Laval 129,481,351 99.92 100,061 0.08 Nan Lee 129,487,296 99.93 94,116 0....
  • The Canadian Investment Regulatory Organization , has requested that Great Eagle Gold Corp. clarify certain information in its press release entitled "OroEx Corp. Pre-Approves Great Eagle Gold's California-Based Cahuilla Gold Project for Tokenization into NatGold Coins" dated June 24, 2024, in regards to certain geological information and resource statements. Great Eagle stated in the June 24 Release that "The project boasts 1,420,660 indicated gold resources and 82,487 inferred gold resource, qualifying it for the minting of 584,761 NatGold coins with a gross projected baseline intrinsic coin value exceeding US$560 million." Great Eagle wishes to clarify that the foregoing resource numbers referred to in the June 24 Release are in regards to ounces of gold, as indicated in a...
    27.06.2024
  • Goldstorm Metals Corp. is pleased to announce the appointment of Mr. Ken McNaughton to the board of directors of the Company. Ken McNaughton is a professional geological engineer with over 40 years of global experience developing and leading mineral exploration programs. He currently holds the position of Chief Exploration Officer at P2 Gold Inc. Prior to P2 Gold he was Chief Exploration Officer at Pretium Resources Inc., where he had been responsible for greenfield exploration programs since joining the company in 2011, shortly after it was formed to advance the early exploration-stage Brucejack Project. Prior to Pretium, Mr. McNaughton was Vice President, Exploration at Silver Standard Resources Inc. for 20 years, and he oversaw all exploration activities of t...
    27.06.2024
  • VanadiumCorp Resource Inc. . The Company has produced an inventory of high-purity electrolytes at its Plant No. 1 in Val des Source, Quebec. The operations team has shown the capacity to manufacture to tight specifications and low impurities, based on the C-Tech electrolyzer system. We are now fielding product calls from Vanadium Flow Battery OEMs looking for a dependable, Made-in-Canada source of high-purity vanadium electrolytes. Peter Besenovsky, P.Eng., the CEO of our German subsidiary, Vanadiumcorp GmbH, is attending the International Flow Battery Forum this week in Glasgow, UK. Peter reports from the floor of IFBF that Variable Energy Resources such as large solar and wind projects are facing severe curtailment on the electrical grids of Europe, especially Germany. As t...
  • McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce that on Thursday, June 27, 2024, it closed the final tranche of its previously announced non-brokered private placement offering of units of the Company and flow-through shares of the Company on May 16, 2024 . The Final Tranche consisted of 8,266,666 Units at a price of $0.045 per Unit and 200,000 FT Shares at a price of $0.05 per FT Share for combined aggregate gross proceeds to the Company of approximately $382,000. Due to strong investor demand, the Company upsized the Offering to $1,552,040. Each Unit consisted of one common share of the Company and one-half of one common share purchase warrant . Each Warrant is exercisable by the holder to acquire one Common Share at ...
    27.06.2024
  • Inspiration Energy Corp. announces further to a news release dated June 17, 2024, the Company has received Canadian Securities Exchange approval for the consolidation of its shares on the basis of a one post-consolidated share for each five pre-consolidated shares The Consolidation was approved by a directors' resolution dated June 17, 2024. The name of the Company and trading symbol will remain the same after the Consolidation. The Company's CUSIP number has been changed to 457702207 and its new ISIN number will be CA4577022078. Effective at the opening on June 28, 2024, the common shares of the Company will commence trading on the CSE on a consolidated basis. Following Consolidation, the Company will have 9,622,729 common shares issued and outstanding and 15,358,212 on a fu...
  • Portofino Resources Inc. announces that it has closed its previously announced Option Agreement with Delta Resources Ltd. whereby Portofino has granted Delta the exclusive right to acquire a 100% interest in its Gold Creek, Ontario property . The terms of the agreement include $300,000 paid in cash and 2,000,001 shares of Delta, paid as follows: 1) $100,000 in cash and 666,667 shares* of Delta on approval by the TSX Venture Exchange ; 2) $100,000 in cash and 666,667 shares* of Delta on the 1st anniversary of Exchange approval; and 3) $100,000 in cash and 666,667 shares of Delta on the 2nd anniversary of Exchange approval. *50% of the Delta shares issued will be locked-up for a period of 12 months after issuance. Portofino will retain a 2% Net Smelter Return Roya...
    27.06.2024
  • Barksdale Resources Corp. announces that further to its news releases of June 5, 2024, and June 11, 2024, regarding its non-brokered private placement financing of up to 37,500,000 units at a price of $0.15 per Unit for gross proceeds to the Company of up to $5,625,000 , it has closed the first tranche of the Offering. Under the First Tranche, the Company has issued 27,325,317 Units for gross proceeds of $4,098,798. Each Unit consists of one common share of Barksdale and one Common Share purchase warrant , whereby each Warrant entitles the holder to acquire one Common Share at a price of $0.23 for a period of three years from the date of issuance. The expiration date of the Warrants issued in connection with the First Tranche is June 27, 2027. Proceeds of the Offering will be...
    27.06.2024
  • Verde AgriTech Ltd. held its Annual General and Special Meeting of shareholders on Thursday, June 27, 2024, at 300 Prof. Antônio Aleixo, Lourdes Belo Horizonte, Minas Gerais Brazil, and is pleased to announce that its shareholders approved all items put before them. The results were as follows: Item Voted Upon Voting Result Appointment of Hannah Oh as an Independent Director *The resolution was approved by poll, as follows: Votes For Votes Withheld 11,326,125 253,604 Re-election of Cristiano Botelho Veloso as Director *The resolution was approved by poll, as follows: Votes For Votes Withheld 11,326,693 253,036 Re-election of Renato Couto Gomes as Director *The resolution was approved by poll, as follows: Votes For Votes Withheld 11,352,949 226,780 Re-election of Fernando Joao...
  • Eldorado Gold Corp. announces it has entered into an agreement with a syndicate of lenders to extend and increase its senior secured credit facility . The Credit Facility has a four-year term and consists of a US$350 million revolving senior secured credit facility with a US$100 million accordion feature. The Company proactively extended and increased the credit facility in order to replace the October 2021 senior secured credit facility which was maturing in 2025. The Credit Facility bears interest at a rate of SOFR plus a margin of 2.125-3.250%, dependent on the Company's net-leverage ratio. "The extension and increase of our credit facility reflects the strong confidence that our lenders have in our business," said George Burns, Eldorado Gold's President and Chief Executive ...
  • Kinross Gold Corp. will release its financial statements and operating results for the second quarter of 2024 on Wednesday, July 31, 2024, after market close. On Thursday, August 1, 2024, at 8:00 a.m. EDT Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows: Canada & US toll-free - 1 596-4144; Passcode: 5766018 Outside of Canada & US - 1 968-2525; Passcode: 5766018 Replay : Canada & US toll-free - 1 770-2030; Passcode: 5766018 Outside of Canada & US - 1 362-9199; Passcode: 5766018 You may also access the conference call on a listen-only basis via webcast at our website www.kinross.com. The audio webcast will be archived on www.kinross.com. About [wp=6]Kinross Gold Corporation[/...
  • VANCOUVER, BC, June 27, 2024 /CNW/ - Lundin Gold Inc. is pleased to announce the closing of the buy out of the stream credit facility and offtake agreement for its Fruta del Norte gold mine in Ecuador from Newmont Corp., following the payment of the first tranche of the purchase price of US$180 million. The second and final tranche of US$150 million is due on or before the end of the third quarter of 2024. The Stream Facility and Offtake were the last two remaining facilities established as part of a project financing package to fund the development and construction of FDN. View PDF About Lundin Gold Lundin Gold, headquartered in Vancouver, Canada, is committed to positive and long-lasting impact on our host communities, while delivering significant value to stake...
    27.06.2024
    von CNW



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