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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.
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).
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.
Guardian Metal Resources PLC Announces Pilot Mountain Drilling Update
Pilot Mountain - Drilling UpdateDesert Scheelite - Further Very High-Grade Tungsten Results
Battery X Metals Announces Grant of Stock Options
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
United States Antimony Corporation Announces Second Contract for International Supply of Antimony, Filing of $100 Million Universal Shelf Registration Statement on Form S-3
"The Critical Minerals and ZEO Company"
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.
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.
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.
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.
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.
Silver Scott Mines, Inc. Makes Initial Investment Into Vulcankore, Bpc
Funds to be Used to Advance Biochar Production Capabilities
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.
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.
Network-1 Commences Patent Litigation against Citadel Securities and Jump Trading
Network-1 Technologies, Inc. (NYSE American:NTIP) announced today that its wholly-owned subsidiary, HFT Solutions Technologies, LLC ("HFT"), has initiated patent litigation against Citadel Securities, LLC ("Citadel") and Jump Trading, LLC ("Jump") in the United States District Court for the Northern District of Illinois for infringement of U.S. Patent No. 10,931,286, U.S. Patent No. 11,128,305, and U.S. Patent No. 11,575,381 (collectively, the "Patents-in-Suit").
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.
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
Sokoman Minerals Completes Phase 1 Diamond Drilling Program Fleur de Lys Gold Project, NW Newfoundland
More than 50% of the holes intersected mineralized structures
American Resources Corporation's ReElement Technologies Produces Greater than 99.5% Pure Terbium For National Defense Supply Chain
ReElement's multi-mineral, multi-feedstock refining platform is the only rare earth oxide producer able to economically separate and refine heavy rare earth elements in the U.S.Company's Marion, Indiana Super Site is being developed to supply heavy and light rare earth elements and critical battery minerals to its customer base while expanding its capabilities to include other defense-related minerals that have historically been sourced exclusively from China
South Star Battery Metals Announces Upsize of Non-Brokered Private Placement to Raise Up to US$3.20M, Extends Closing and Amended and Restated Stream Agreement
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES
Northern Superior Announces ONGold's Completion of Monument Bay and Domain Projects Acquisition in Manitoba
Northern Superior Resources Inc. ("Northern Superior") (TSXV:SUP)(OTCQX:NSUPF)(GR:D9M1) is pleased to announce that ONGold Resources Ltd. ("ONGold" or the "Company") (TSXV:ONAU)(OTCQB:ONGRF), in which Northern Superior now holds a 62% equity stake, has closed the previously announced transactions to purchase 100% interests in both the Monument Bay Gold Project ("Monument Bay") and the Domain Project ("Domain", and together the "Projects"), both located in Manitoba, Canada, from a wholly-owned subsidiary of Agnico Eagle Mines Limited ("Agnico Eagle"), in the case of Monument Bay, and Agnico Eagle and Capella Minerals Ltd. ("Capella"), in the case of Domain (the "Transaction"). As partial consideration for the acquisition, Agnico Eagle was issued 8.7 million common shares of the Company, representing approximately 15% of ONGold's total issued and outstanding common shares (see details below).
Abasca Resources Closes Non-Brokered Private Placement of $3.2 Million
Abasca Resources Inc. ("Abasca" or the "Company") (TSXV:ABA) is pleased to announce the closing of the $3.2 million non-brokered private placement (the "Offering") that comprised of the sale of 20,000,000 units of the Company (the "FT Units") at a price of $0.16 per FT Unit.
BluSky Carbon Announces $1 Million Convertible Debenture Financing
BluSky Carbon Inc. (CSE:BSKY) ("BluSky" or the "Company"), an innovative entry into the carbon removal clean technology sector, is pleased to announce that it intends to complete a non-brokered private placement of convertible debentures of the Company (each, a "Convertible Debenture Unit") at a price of $0.30 per Convertible Debenture Unit for gross proceeds to the Company of up to $1,000,000 (the "Offering").
TRANSITION.INC Completes Non-Brokered Private Placement of Flow-Through Units
Not for Distribution to U.S. News Wire Services or Dissemination in the United States
Loop Industries Closes Strategic and Financing Transaction With Reed Societe Generale Group
Loop Industries, Inc. (Nasdaq:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile ("T2T") polyester fiber, is pleased to announce the successful closing of the strategic and financing transaction with Reed Societe Generale Group based on the terms and conditions disclosed by the Company on December 12, 2024.