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  • Falco Resources is pleased to announce the closing of the first tranche of its previously announced "best efforts" brokered private placement with Red Cloud Securities, acting as lead agent and sole bookrunner on behalf of a syndicate of agents including Canaccord Genuity Corp. and Paradigm Capital Inc. Under the First Tranche of the Offering, Falco has issued an aggregate of 4,058,269 units of the Corporation at a price of C$0.23 per Unit and 4,464,286 flow-through shares of the Corporation at a price of C$0.28 per FT Share, for aggregate gross proceeds of C$2,183,402. Each Unit consists of one common share of the Corporation and one half of one Common Share purchase warrant . Each Warrant is exercisable to acquire one Common Share at a price of C$0.35 a...
    27.06.2024
    von CNW
  • i-80 Gold Corp. is pleased to announce the results of Metallurgical work completed by Blue Coast Research Ltd. on samples from the company's Ruby Hill and Golden Hill Projects located in Eureka County and along the southeastern end of the Battle Mountain/Eureka gold trend in Nevada. The Properties are host to multiple polymetallic base metal deposits and/or zones of mineralization that are being advanced by the Company concurrent with the gold deposits. The BCR Study was commissioned to enhance the understanding of the various deposits for planning purposes related to the recovery of the multiple metals contained within each zone. Locked cycle testing was completed on sulphide dominant composites from the Hilltop , and the FAD Zones. Highlights from the Company's 2023/2024 me...
    27.06.2024
    von CNW
  • EV Minerals Corp. today announces its strategic entry into the copper exploration sector. This move is aligned with the Company's focus on exploring for metals that supply the growing shift towards renewable energy and electric vehicles. President and CEO, Nicholas Konkin Stated, "We see strong fundamentals around the growing demand for copper through the ongoing development of technologies, renewable energy, and electric vehicles. The recent increase in the copper price is only the beginning. Stay tuned, as we have assembled a committee of technical board members and advisors to review properties of interest and will update the market soon on developments." EV Minerals' initial focus will be on high-potential regions within the Americas known for their copper deposits. The C...
    27.06.2024
  • KWG Resources Inc. , which carries on business as The Canadian Chrome Company is pleased to announce the increase of its previously announced private placement of Series CD-2024 convertible debentures by an additional $3,000,000, bringing the proposed Private Placement up to $5,000,000 Debentures on the same terms as previously announced . The closing of the Private Placement is anticipated to be completed by July 31, 2024. This news release shall not constitute an offer to sell nor the solicitation of an offer to buy securities. About The Canadian Chrome Company: KWG, which carries on business as The Canadian Chrome Company, is an exploration stage company that is focused on identification, acquisition, consolidation, exploration, development and evaluation of large-scale de...
    27.06.2024
  • Talon Metals Corp. is pleased to announce the results of its annual and special meeting of shareholders held today. All of the nominee directors listed in Talon's management information circular dated May 15, 2024 were elected as directors. The results of the shares voted in respect of the election of each director were as follows: Name of Nominee Votes For Votes Withheld David L. Deisley 460,107,576 1,219,985 Arne H. Frandsen 445,420,101 15,906,661 John D. Kaplan 445,389,464 15,937,298 Gregory S. Kinross 459,905,278 1,421,484 Warren E. Newfield 459,952,501 1,374,261 Henri van Rooyen 459,986,104 1,340,658 David E. Singer 459,924,416 1,402,346 Frank D. Wheatley 459,457,980 1,868,782 Furthermore at the AGM, shareholders of the Company voted in favour of appointing MNP LLP as aud...
    27.06.2024
  • QUÉBEC CITY, June 27, 2024 -- Robex Resources Inc. is pleased to announce that it has closed its previously announced "best efforts" public offering of 58,294,880 units of the Company at a price of $2.17 per Unit for gross proceeds of $126,499,889.60 . The Offering was led by SCP Resource Finance LP, as sole bookrunner and lead agent , on behalf of a syndicate of agents including BMO Nesbitt Burns Inc. . The number of Units sold and gross proceeds realized by the Company have been adjusted to reflect the exercise in full by the Agents of the over-allotment option granted to purchase from the treasury of the Company an additional number of Units equal to 15% of the number of the Units issued pursuant to the Offering. Following the successful closing of the equity offering, Matt...
  • Hannan Metals Ltd. is pleased to announce that the Company has closed its non-brokered unit private placement announced on June 4, 2024 and June 14, 2024. Under the Offering, the Company has issued an aggregate of 10,593,513 units at a price of C$0.35 per Unit for gross proceeds of C$3,707,730 representing an increase in the Offering due to the interest received from investors to participate in the Offering. Each Unit comprises one common share and one-half of one common share purchase warrant . Each whole Warrant entitles the holder to purchase one additional Share of the Company at an exercise price of C$0.50 for a period of two years from the date of issue. The Company has the right to force conversion of the Warrants, if at any time from and after the date of issuance, the...
    27.06.2024
  • Vancouver, June 27, 2024 - Allegiant Gold Ltd. is pleased to announce the results of its Annual General Meeting held on June 25, 2024. All resolutions presented to the shareholders were approved with over 95% of votes cast being in favour of each resolution. As a result of the approved resolutions: Davidson Company LLP, Chartered Professional Accountants were re-appointed as auditors of the Company. The number of directors was set at three with the following nominees elected as directors: Peter Gianulis, Shawn Nichols and Norman Pitcher. The Company's Omnibus Incentive Plan was re-approved. Following the AGM, the Company appointed Norman Pitcher , Peter Gianulis and Shawn Nichols to its Audit Committee and Shawn Nichols and Norman Pitcher to its Compensation Committee. Gordon...
  • New Results include: 1.24 g/t Gold over 22m, 1.01 g/t Gold over 19.1m and 1.56 g/t Gold over 13.2m Delta Resources Ltd. is pleased to provide final assay results from its 2024 drilling program at its 100% owned Delta-1 Gold project. A total of twenty-nine drill holes and two drill hole extensions were completed between January and May 2024 for a total of 9,286 metres . The objective of the drill campaign was to increase Delta's gold inventory at Delta-1, increase Delta's knowledge of the gold deposit and to expand the deposit size through exploration holes to the east, west and at depth. Highlights of the Complete Drilling Program: Asterix indicate new results Best results: Drill Hole D1-24-34ext: 1.09 g/t Au over 21.0 m. Drill Hole D1-24-87: 1.66 g/t Au over 10.5 m. Drill Ho...
    27.06.2024
  • Globex Mining Enterprises Inc. is pleased to inform shareholders that we have received the first 2024 quarterly royalty payment from IAMGold Corp. related to Globex's 2% NSR royalty on the Fayolle Gold Deposit currently in production. This first 2024 quarterly payment is $363,923.08 approximately $125,000 more than the $238,794.89 October to December 2023 quarterly payment received in March 2024. This press release was written by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified Person under NI 43-101. We Seek Safe Harbour. Foreign Private Issuer 12g3 - 2 CUSIP Number 379900 50 9 LEI 529900XYUKGG3LF9PY95 For further information, contact: Jack Stoch, P.Geo., Acc.Dir. President & CEO Globex Mining Enterprises Inc. 86, 14th Street Rouyn-No...
  • Southern Arc Minerals Inc. is pleased to announce that all resolutions were passed at its annual general meeting of shareholders held on June 26, 2024. All of the nominees for election as directors of the Company listed in the Company's information circular dated May 15, 2024, were elected for the ensuing year and the number of directors was fixed at three. John Proust, Murray Flanigan, and Vince Boon were all elected as directors of the Company. The Company's current equity incentive plan was also approved at the AGM. The Compensation Plan governs the granting of stock options , restricted share units , performance share units , and deferred share units to directors, officers, employees, management company employees and consultants of the Company. The aggregate number of Cla...
    27.06.2024
  • CopAur Minerals Inc. is pleased to announce plans to initiate baseline surveys prior to submission of a US Bureau of Land Management Plan of Operations permit application to support future exploration drilling and access construction at its at its 100% owned Troy Canyon Gold-Silver Property located in Nye County. CEO Jeremy Yaseniuk stated, "After a site visit in 2023, Conrad and I were left wondering why mining was stopped in 1950 when such high grades were sampled from the dump and chipped off adit walls? It's unclear how much more mineralization remains underground in this quartz vein system that is exposed on the surface for 300 metres. Given the exceptionally high-grade material sampled from the historic mines and waste dumps, we have to wonder what else was overlooked?"...
    27.06.2024
  • North Bay Resources Inc. is pleased to announce completion of flooding and operational testing of flotation cells and frothing equipment at the Bishop Gold Mill . The flotation cells are used in combination with frothing reagents to separate gold and sulphides from host rock. After grinding in the jaw crusher and ball mill into a fine powder, the ore is soaked in a hydrophobic reagent and then moved into the flotation cells where a frothing reagent is added creating bubbles. The gold and sulphides adhere to the bubbles that ascend to the top of the cells where they are scooped into a tray below. This gold concentrate is then dried and refined into gold bars. Mill Feedstock The Company has received assays from its Fran Gold Join Venture confirming 0.5 troy ounce per ton materi...
  • Perpetua Resources Corp. released its 2023 Sustainability Report highlighting the Company's key achievements and progress in advancing its environmental, social and governance goals. The report, which is the Company's 11th annual sustainability report, provides disclosure of ESG topics and aligns with the Sustainability Accounting Standards Board reporting framework for the Metals and Mining Industry. "Perpetua Resources' 11th annual sustainability report demonstrates our commitment to doing business the right way," said Jon Cherry, President and CEO. "Global demand for responsible mineral production is only growing, and our approach to sustainability helps position the Stibnite Gold Project to be the only mined source of antimony in the country. I'm excited to share our perf...
    27.06.2024
    von CNW
  • Adventus Mining Corp. is pleased to announce that the shareholders of the Company have approved the proposed plan of arrangement with Silvercorp Metals Inc. at the annual and special meeting of Shareholders held on June 26, 2024 . The special resolution approving the Arrangement was approved at the Meeting by 99.975% of the votes cast by Shareholders, holders of options of Adventus and holders of restricted share units of Adventus present or represented by proxy at the Meeting; and 99.966% of the votes cast by Shareholders present or represented by proxy at the Meeting, excluding votes cast by Silvercorp and its affiliates, as detailed below. To be effective, the Arrangement Resolution required the affirmative vote of at least two-thirds of the votes cast by Voti...
    27.06.2024
    von CNW



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