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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
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.
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.
Jericho Energy Ventures Portfolio Company Awarded California Grant for Climate Innovation
Jericho Energy Ventures Inc. (TSXV:JEV)(OTC PINK:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to announce that, as part of its long-standing hydrogen partnership with Capella Partners, a JEV portfolio company was awarded a grant from the Climate Innovation Proof of Concept Grant program associated with the California NanoSystems Institute (CNSI) laboratory at the University of California, Santa Barbara.
EQ Inc. Announces Appointment of Interim CFO
EQ Inc. (TSXV:EQ) ("EQ Works" or the "Company"), a leader in AI and data driven software and solutions is pleased to announce the appointment of Michael Kahn as the Company's interim Chief Financial Officer, effective January 2, 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.
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.
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.
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.
Southern Energy Corp. Announces Payment of Interest In-kind to Its 10% Convertible Unsecured Subordinated Debentures and Voluntary Delisting From OTCQX
Southern Energy Corp. ("Southern" or the "Company") (TSXV:SOU)(AIM:SOUC) announces that the Company has agreed to issue, in aggregate, 2,143,000 new common shares in Southern (the "Common Shares") to holders of its 10% convertible unsecured subordinated debentures issued on June 14, 2019 and January 15, 2021 (collectively, the "Debentures") as payment in kind of accrued interest on the Debentures due on December 31, 2024 in the aggregate amount of CAD$214,300 (the "Interest Payment"). The number of new Common Shares to be issued is equal to the amount of the interest, divided by the volume weighted average trading price per Common Share for the 20 consecutive trading days ending on the fifth trading day on the TSX-V preceding December 31, 2024, being CAD$0.10 per Common Share. Southern gave notice to Computershare Trust Company of Canada, as debenture trustee, effective December 31, 2024, that it exercised its right to make the Interest Payment by issuing Common Shares.
Caledonia Mining Corporation Plc: Notification of Relevant Change to Significant Shareholder
Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that it received notification on December 30, 2024 from BlackRock, Inc. that on December 27, 2024 it had crossed a threshold for notification of a relevant change (as defined by the AIM Rules for Companies).
Man Utd in battle for survival as losing run goes on
Manchester United boss Ruben Amorim said the English giants are in a battle for Premier League survival after Newcastle cruised to a 2-0 win at Old Trafford to inflict a fourth consecutive defeat on the hosts.
Man Utd in a relegation battle, says under-fire Amorim
Ruben Amorim said Manchester United are in a battle for Premier League survival after losing 2-0 to Newcastle on Monday to end 2024 14th in the table.
Villa frustrated as Lamptey rescues Brighton
Aston Villa wasted a chance to close the gap on the Premier League's top four as Tariq Lamptey's late equaliser salvaged a 2-2 draw for Brighton on Monday.
Chelsea's title hopes rocked by shock defeat at Ipswich
Chelsea's bid to climb back into the Premier League title race suffered a major blow as lowly Ipswich beat the Blues 2-0 at Portman Road on Monday.
Newcastle extend Man Utd's losing run with ease
Manchester United ended a 2024 to forget with a fourth consecutive defeat as Newcastle cruised to a 2-0 win at Old Trafford to intensify the scrutiny on Red Devils' boss Ruben Amorim.
In Carter's hometown hamlet, a long anticipated goodbye begins
In Jimmy Carter's tiny hometown of Plains, Georgia on Monday, the former US president's death was only beginning to sink in, even if friends and neighbors have been bracing for it since he went into hospice care nearly two years ago.
US Treasury says was targeted by China state-sponsored cyberattack
The US Treasury Department said Monday that a China state-sponsored actor was behind a cyber breach resulting in access to some of its workstations, according to a letter to Congress seen by AFP.
Venezuela fines TikTok $10 million over viral challenge deaths
Venezuela's highest court on Monday fined TikTok $10 million in connection with viral challenges that authorities say left three adolescents dead from intoxication by chemical substances.
Israel must face consequences over Gaza campaign: UN experts
United Nations rights experts on Monday said Israel must face the consequences of "inflicting maximum suffering" on Palestinian civilians in Gaza, alleging Israel was defying international law and being sheltered by its allies.
More than half of Syrian children out of school: Save the Children to AFP
About half of school-age children in Syria are missing out on education after nearly 14 years of civil war, Save the Children told AFP on Monday, calling for "immediate action".
Emotional Jesus Navas bids farewell to football career
Retiring Spanish football legend Jesus Navas tearfully bid farewell to his playing career on Monday with songs, chants and other tributes at a ceremony at Sevilla's packed Ramon Sanchez-Pizjuan stadium.
More than 70 killed in Ethiopia road accident
The death toll from a road accident in southern Ethiopia has risen to at least 71 after a vehicle carrying a wedding party veered into a river, a local official said.
Mexico probes public thanks to drug lord for children's gifts
A Mexican mayor is under investigation for possible criminal links after public thanks were offered to a notorious cartel leader for giving gifts to children, President Claudia Sheinbaum said Monday.
Signs Christmas market attack suspect mentally ill: German minister
The German government, under fire for failing to prevent a deadly car-ramming attack on a Christmas market, argued on Monday that the tragedy would have been hard to prevent and said that the suspect appeared to be mentally disturbed.
Five years on, WHO urges China to share Covid origins data
The World Health Organization on Monday implored China to share data and access to help understand how Covid-19 began, five years on from the start of the pandemic that upended the planet.
Anger in Germany at Musk attempt to 'influence' election
Germany's government said Monday US billionaire tech baron Elon Musk is trying to sway February elections by praising the far-right Alternative for Germany (AfD), a move strongly rejected by major parties.
'Foreign jihadists' in Syria leader's pick for army officers: monitor, experts
Syria's de facto leader Ahmed al-Sharaa has tapped dozens of former rebels for high-ranking army positions, several of whom are foreign fighters, a war monitor and experts said on Monday.
US announces $5.9 bn in military, budget aid for Ukraine
The United States on Monday unveiled almost $6 billion in military and budget aid for Ukraine, as Washington races to provide assistance before Donald Trump takes office next month.
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.
Sporting deaths of the year -- Part II
Part II of the AFP Sports deaths of the year includes Bela Karolyi, who coached Nadia Comaneci to the first 'Perfect 10' in Olympic gymnastics and Welsh rugby legends Barry John and JPR Williams:
US prepares state honors for late president Jimmy Carter
Flags flew at half-staff across the United States on Monday as global tributes poured in for the life and legacy of Jimmy Carter -- the longest-lived US president who died aged 100.