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Featured
Last news
Snowline Gold Reflects on Significant Progress Through 2024 and Looks Ahead to 2025
SNOWLINE GOLD CORP (TSXV:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to provide a summary of key activities and achievements over the past calendar year. In June 2024, Snowline released an initial Mineral Resource Estimate (MRE) for its 100% owned Valley deposit on its Rogue Project, just two and a half years after the initial drill discovery, establishing Valley as a significant, continuous, near-surface gold deposit with clean, non-refractory mineralization and unusually high grades for a reduced intrusion-related gold system (RIRGS). Following the initial MRE, Snowline safely and efficiently completed an additional 25,000 m drilling at Valley during 2024, expanding the footprint of known mineralization at Valley and nearly doubling the number of metres drilled into the deposit. The Company completed an additional 10,000 m of exploratory drilling on regional targets. With more than C$43.2M in the treasury, Snowline is well positioned for a momentous year in 2025. Active regional exploration and drilling will complement a core focus on rigorous, rapid and responsible advancement of Valley.
CEO Letter to Aclara Shareholders: 2024 Accomplishments and 2025 Outlook
Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce the release of a letter to its shareholders from the Company's Chief Executive Officer, Ramón Barúa.
Mako Mining Announces Its Intent to Acquire the Moss Mine in Arizona Expanding its Operations in the Americas
Mako Mining Corp. ("Mako") (TSXV:MKO)(OTCQX:MAKOF) is pleased to announce the entering into of a non-binding letter of intent to acquire 100% of the issued and outstanding common shares of EG Acquisition LLC ("EGA"), a recently created private corporation controlled by Mako's controlling shareholder, Wexford Capital LP ("Wexford"), established solely to acquire the Moss gold mine located in the historic Oatman District in Arizona (the "Proposed Transaction"). It is anticipated that EGA will complete the acquisition of the Moss gold mine on December 31st, 2024 through its acquisition of 100% of the common shares of Golden Vertex Corp. ("GVC") which holds direct ownership of the Moss gold mine. Each of EGA and GVC will become wholly owned subsidiaries of Mako as a result of the Proposed Transaction. The purchase price for the Proposed Transaction is expected to be in the range of US$ 4.9 million up to US$ 6.4 million if certain royalties are extinguished, all payable in cash. The Proposed Transaction is expected to close by February 2025.
Leeward Capital Enters LOI To Acquire Burton Growers Ltd.
LEEWARD CAPITAL CORP. ("Leeward" or the "Company") is pleased to announce that it has entered into a non-binding letter of intent ("LOI") dated December 30, 2024 to acquire all of the issued and outstanding common shares of Burton Growers Ltd. ("Burton Growers"), a private company that owns a Health Canada Cannabis licensed greenhouse located in southern Alberta. Burton Growers has been granted a Cannabis Standard Processing, Standard Cultivation, and Sale for Medical Purposes licences standard license by Health Canada (the "License"). The License was received on November 29, 2024 and is granted for a five (5) year term. Burton Growers has not yet planted any Cannabis in the Greenhouse but it does intend to do so.
Diamcor Announces Revised Term Loan Financing
Diamcor Mining Inc. (TSX-V:DMI)(OTCQB:DMIFF)(FRA:DC3A) ("Diamcor" or the "Company"), a well-established Canadian diamond mining company with a proven history in the mining, exploration, and sale of rough diamonds, announces that the Company intends to complete a term loan financing (the "Financing") of up to CAD$1,000,000. Term loans under the Financing will be unsecured, carry an annual interest rate of 15%, and the Company will issue a total of 400,000 common shares in its authorized share capital for every CAD$100,000 of principal advanced under the Financing by participants/lenders pursuant to policy 5.1 of the TSX Venture Exchange Corporate Finance Manual. There will be no warrant issued as part of the Financing. The principal and interest of the term loans will be due and payable on the 12-month anniversary of the closing date. As has been the case in other recent financings completed by the Company, Management and key shareholders are expected to participate in this Financing.
Sokoman Minerals Corp. Closes Non-Brokered Flow-Through Private Placement Financing and Second Tranche of Non-Flow-Through Private Placement Financing
(TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to announce that further to its December 4, 2024 and December 17, 2024 news releases the Company has closed the flow-through portion of its non-brokered flow-through financing (the "FT Financing") for aggregate gross proceeds of CAD$1,456,500.
Tenth Avenue Petroleum Announces Closing of Patricia Acquisition and Closing of Financing
NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION IN THE UNITED STATES
IBC Announces Appointment of New Chief Financial Officer
IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) is pleased to announce the appointment of Terena White to the position of Chief Financial Officer ("CFO") and Corporate Secretary, effective January 1, 2025.
Argentina charges five over death of singer Liam Payne
Five people have been indicted in Argentina over the death of British singer Liam Payne, who fell from a Buenos Aires hotel balcony in October after consuming alcohol and drugs, prosecutors said Monday.
Jaguar Mining Provides Update on Progress Since the Previously Announced Incident at the Satinoco Tailings Pile
Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG) provides an update on its remediation efforts and progress made since a slump occurred in the north wall of the Satinoco dry-stack (waste rock and tailings) pile at its Turmalina mine, as initially announced by the Company on December 9, 2024. Operations at the Turmalina mine remain temporarily suspended while the Company works constructively with the Brazilian National Mining Agency and other authorities. The Turmalina mine is part of the Company's MTL mining complex located in the state of Minas Gerais, Brazil, approximately 130 kilometers northwest of the city of Belo Horizonte. The Company's Pilar mine in Brazil remains operational.
Battery X Metals Announces Grant of Stock Options
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Abasca Resources Engages Understood Mineral Resources Ltd. to Complete Flake Graphite Resource Estimate of its Loki Flake Graphite Zone and Grants Stock Options
Abasca Resources Inc. ("Abasca" or the "Company") (TSXV:ABA) is pleased to announce that it has engaged an independent mineral resource consulting firm, Understood Mineral Resources Ltd. ("UMR"), to complete a flake graphite resource estimate of its Loki Flake Graphite Zone ("Loki Zone") on its 100%-owned Key Lake South (KLS) Project (Figure 1). UMR has extensive experience in modeling structurally-controlled resources that are supported and guided by geostatistical analyses.
Western Alaska Minerals Announces Grant of Options and Restricted Share Units
Western Alaska Minerals Corp. (the "Company" or "WAM") (TSXV:WAM) announces that it has granted a total of 1,095,000 stock options (the "Options"), 785,000 of which have been granted to certain directors, officers and an investor relations employee of the Company. The Options are each exercisable to purchase one subordinate voting share of the Company at an exercise price of $0.45 for a period of 5 years. The Options will vest immediately.
Minera Don Nicolas Receives Initial US$4 Million Option Payment from Cerro Vanguardia SA for The Sale of its Michelle Exploration Properties for Total Consideration of US$14 Million
Initial US$4 Million Peso Equivalent Option Payment received which further strengthens balance sheetRemaining consideration of US$10 Million Pesos equivalent payable on exercise; within 3 yearsCompany well-positioned to drive future growth via its existing operating Minera Don Nicolas gold mine in Argentina and its Mont Sorcier development project in QuebecCompany issues loan to Ascendant Resources Inc
Ascendant Resources to Advance Development of Lagoa Salgada VMS Project, Portugal
Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF) ("Ascendant" or the "Company") is pleased to announce it continues to develop its flagship Lagoa Salgada VMS Project, located in Portugal's Iberian Pyrite Belt. Recent success in exploration, metallurgy, permitting and feasibility optimization have reinforced Lagoa Salgada's potential to become a significant global polymetallic project. Continued development is planned in the areas of exploration at recently identified targets, further metallurgical testing and improvements. Additionally, completion of Definitive Feasibility Study Optimization and permitting advancement are all planned for the coming year.
Apex Critical Metals Corp. Completes Private Placement for Proceeds of $2,520,000
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Sendero Resources Announces Closing 2nd And Final Tranche Of Its Non-brokered Private Placement
Sendero Resources Corp. (TSXV:SEND) (the "Company" or "Sendero") is pleased to announce that it has now completed its second and final tranche (the "Second Tranche") of its non-brokered private placement (the "Offering") of units of the Company (each a "Unit") previously announced on December 12, 2024. Under the Second Tranche of the Offering 11,880,001 Units were issued at a price of $0.12 per Unit for gross proceeds of $1,425,600.
Golden Lake Officer Change
Golden Lake Exploration Inc. ("Golden Lake" or the "Company") (CSE:GLM)(OTCQB:GOLXF) announces that, effective immediately, Mr. Leon Ho will replace Mr. John Masters as Chief Financial Officer.
Suriname ex-dictator died of liver failure, autopsy shows
Suriname's former dictator Desi Bouterse died of liver failure at age 79, an official autopsy revealed.
Battery X Metals Announces Appointment of Independent Director
Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:R0W, WKN:A3EMJB) ("Battery X Metals" or the "Company") announces the appointment of Mr. Martino Ciambrelli as an independent director of the Company, effective December 25, 2024.
NioCorp's 2024 Annual General Meeting Set for March 13, 2025
NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) will hold its 2024 Annual General Meeting ("AGM") on Thursday, March 13, 2025 starting at 10:00 AM Mountain time. The meeting will be held at 7000 S. Yosemite Street, Lower Level Conference Room, Centennial, Colorado, 80112.
NV Gold Announces Renewal of the Exploration Permit at its 100% Owned Surselva Gold Project in Switzerland and the Resignation of Howard Golden from the Board of Directors
(TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") is pleased to announce that the exploration permit at its Surselva Gold Project in Switzerland has been extended to October, 2030. The Surselva Gold Project located in the Surselva district of the Graubunden (also called Grisons) Canton, Switzerland. NV Gold holds 100% of the project through its wholly owned subsidiary, SwissGold Exploration AG ("SwissGold"), a private Swiss corporation.
Electric Royalties Announces Filing of Amended and Restated Offering Document
Not for distribution to United States newswire services or for dissemination in the United States
Klondike Gold Closes $508,500 Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Mystery drones won't interfere with Santa's work: US tracker
Santa Claus has no need to worry about recent mystery drone sightings over New Jersey, a US Air Force general said Tuesday, as an annual tradition of "tracking" Saint Nick swung into action.
EVSX Completes Installation of Multi Chemistry Line
St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1), announces that EVSX Corp, its wholly-owned subsidiary, has completed the installation of its multi chemistry waste battery processing line in its facility located in Thorold, Ontario.
Sendero Resources Announces First Tranche Closing of Its Non-Brokered Private Placement
Sendero Resources Corp. (TSXV:SEND) (the "Company" or "Sendero") is pleased to announce that it has now completed a first tranche (the "First Tranche") of its non-brokered private placement (the "Offering") of units of the Company (each a "Unit") previously announced on December 12, 2024. Under the First Tranche of the Offering 815,000 Units were issued at a price of $0.12 per Unit for gross proceeds of $97,800. The Company expects to close the balance shortly
Canadian Government Provides C$100 Million Financing LOI to Green Technology Metals in Support of Electric Royalties' Flagship Lithium Royalty Asset in Ontario
Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to provide an update on the Seymour Lake Lithium Project ("Seymour Lake" or "the Project") in Ontario, Canada, on which it owns a 1.5% Net Smelter Royalty.
NOA Lithium Announces Issuance of Stock Options
(TSXV:NOAL) ("NOA" or the "Company") is pleased to announce that the Company has granted an aggregate of 5,850,000 stock options pursuant to its stock option plan ("Stock Option Plan") to directors, officers, employees, advisors and consultants of the Company, subject to approval by the TSX Venture Exchange. The options issued entitle the holder to acquire the same number of common shares of the Company and will be exercisable at a price of $0.29 per common share for a period of 5 years from the date of grant. The options were granted under and are subject to the terms and conditions of the Company's Stock Option Plan.
Sokoman Minerals Completes Phase 1 Diamond Drilling Program Fleur de Lys Gold Project, NW Newfoundland
More than 50% of the holes intersected mineralized structures
Battery X Metals Announces Closing of Non-Brokered Private Placement and Debt Settlement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Change to the Board of Directors
Commerce Resources Corp. (TSXv:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") announces a change to its Board of Directors.