Day: December 16, 2022

Zacapa Resources Settles Debt For Equity

2022-12-16 17:51:26 VANCOUVER, BC, Dec. 16, 2022 /CNW/ – Zacapa Resources Ltd. (TSXV: ZACA) (OTCQB: ZACAF) (DE: BH0) (“Zacapa” or “Company”) announces that the Company has agreed to settle an outstanding debt in the amount of CAD $209,703 (the “Debt”) owing to an arm’s length creditor by issuing an aggregate of 2,097,033 common shares in […]

Acquisition of Securities of Fortune Minerals Limited

2022-12-16 15:35:00 Toronto, Ontario–(Newsfile Corp. – December 16, 2022) – LRC-AUN LLP (“LRC“) announces that it has acquired by way of settlement of a debenture, 73,500,000 common shares of Fortune Minerals Limited (TSX: FT) (the “Company“) at a price of approximately $0.082 per share (the “Transaction“). LRC’s acquisition of the 73,500,000 common shares in the Transaction […]

Doubleview Gold Closes First Tranche of Financing

2022-12-16 14:20:02 Vancouver, British Columbia–(Newsfile Corp. – December 16, 2022) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview”) is pleased to announce it has closed the first tranche of its non-brokered flow-through private placement for gross proceeds of $1,344,999.60. Under the first tranche Doubleview will issue a total of 1,921,428 flow-through units (the “FT Units”) […]

S2 Minerals Announces Assignment of Option Agreement and First Anniversary Payment

2022-12-16 14:18:24 Toronto, Ontario–(Newsfile Corp. – December 16, 2022) – S2 Minerals Inc. (CSE: STWO) (OTC Pink: SMNRF) (“S2” or the “Company“) announces that it has become party to an option agreement (the “Option Agreement“) with an arm’s-length third party (the “Optionor“) pursuant to which S2 now has an option to acquire nine mining claims in the […]

Canadian North Resources Inc. Announces Closings of Private Placements

2022-12-16 13:03:38 TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — Canadian North Resources Inc. (the “Corporation”) (“the Company”, TSXV: CNRI, FSE: EO0, which is “E-O-zero”) announces the closings of the following non-brokered private placements: the closing of the first tranche of its offering of common shares (“Flow-Through Shares”) on a flow-through basis pursuant to the […]

Fed will ‘collapse’ gold price, stocks this week if they do this – Adrian Day

Adrian Day, President of Adrian Day Asset Management discusses his outlook on Fed policy, gold, and the economy with David Lin, Anchor for Kitco News at the Precious Metals Summit in Beaver Creek. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Fed rate hikes 3:14 – Unemployment […]

Stellar AfricaGold Prepares 2023 Drill Campaign at Tichka Est, Morocco and Identifies New Exploration Targets; Investor Site Visits Concluded

2022-12-16 10:18:43 Montreal – TheNewswire – December 16, 2022 – Stellar AfricaGold Inc., (TSXV:SPX) (“Stellar” or the “Company”) is pleased to announce that exploration activities are continuing at Tichka-Est gold project in the Atlas Mountain region of Morocco. 2023 Diamond Drill Campaign A field team composed of two experienced geologists and assistants is […]

Summer Drill Program Supports Potential for High-Grade Silver at Carlin-Roop

2022-12-16 09:39:54 Ottawa, Ontario–(Newsfile Corp. – December 16, 2022) – Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or Company) is pleased to announce the results of the Company’s 2022 summer diamond drill program at its Carlin-Roop silver discovery in the Keno Hill Silver District, Yukon. The 2022 results, in combination with results of earlier exploration and […]

KWG Hails Matawa Chiefs’ Council Crown Table Proposal for Ring of Fire Development

2022-12-16 09:22:38 Toronto, Ontario–(Newsfile Corp. – December 16, 2022) – KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (“KWG”) unequivocally supports the powerfully articulated and positive proposal made yesterday in the Press Release of the Matawa Chiefs’ Council, which said in part: “. . . the Matawa Chiefs’ Council continue to maintain their unified position that the Matawa […]

Robex: Rapid Restart of Operations at Nampala, Mali

2022-12-16 09:08:30 QUEBEC CITY, Dec. 16, 2022 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex“, “the Group” or “the Company“) (TSXV: RBX). This morning, a first assessment of the situation was made. The main plant has not been damaged. Management believes that production will resume safely in the next few hours. Secondary buildings not essential to […]

Flying Nickel Announces Appointment of Chief Financial Officer

2022-12-16 07:14:20 Vancouver, British Columbia–(Newsfile Corp. – December 16, 2022) – Flying Nickel Mining Corp. (TSXV: FLYN) (OTCQB: FLYNF) (“Flying Nickel” or the “Company”) is pleased to announce the appointment of Andrew Yau, CPA, CGA as its Chief Financial Officer, replacing Zula Kropivnitski, who resigned for personal reasons and will remain as a consultant to the Company. The […]

Silver Elephant Announces Appointment of Chief Financial Officer

2022-12-16 07:14:18 Vancouver, British Columbia–(Newsfile Corp. – December 16, 2022) – Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2N) (“Silver Elephant” or the “Company”) is pleased to announce the appointment of Andrew Yau, CPA, CGA as its Chief Financial Officer, replacing Zula Kropivnitski, who resigned for personal reasons and will remain as a consultant […]

CanAlaska Announces Airborne Electromagnetic Survey Commences at Geikie Project in Athabasca Basin

2022-12-16 06:41:43 Ground Prospecting Program Confirms Favourable Geological Environment for Basement-Hosted Uranium Potential First Work Programs Under AUD$7.5 Million Geikie Option Agreement Vancouver, British Columbia–(Newsfile Corp. – December 16, 2022) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (“CanAlaska” or the “Company”) is pleased to announce it has commenced a high-resolution helicopter-borne Versatile Time-Domain Electromagnetic Plus (VTEM […]

Copper Ridge Announces $3.3M Flow Through Financing

2022-12-16 06:41:43 Vancouver, British Columbia–(Newsfile Corp. – December 16, 2022) – COPPER RIDGE EXPLORATION INC. (CSE: COP) (the “Company“ or “Copper Ridge“) is pleased to announce that it has arranged a non-brokered private placement (the “Offering“) of 4,400,000 flow-through shares (the “FT Shares” and each an “FT Share“) at a price of $0.75 per FT […]

First Quantum Minerals Responds to Latest Developments In Panamá

2022-12-16 06:10:25 TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) issued the following statement today in response to the latest developments regarding the Cobre Panamá mine operated by its subsidiary Minera Panamá, S.A. (“MPSA”). “MPSA made significant progress in negotiations with the Government of Panamá […]

Canagold Announces Closing of Fully Subscribed Rights Offering

2022-12-16 05:41:18 VANCOUVER, British Columbia / Dec 16, 2022 / Business Wire / Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) (the “Company” or “Canagold”), is pleased to announce the Company has closed its previously announced rights offering which expired on December 9, 2022 (the “Rights Offering”). At closing, Canagold issued 25,277,221 common shares […]

Ximen Mining Update on Permit Status at Kenville Gold Mine – Soon to be One of the Greenest Gold Mines – Nelson, BC

2022-12-16 01:06:53 VANCOUVER, BC / ACCESSWIRE / December 16, 2022 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the “Company” or “Ximen”) announces that in a recent call with our liaison officer from Major Mines of BC on December 8TH 2022, senior management from Ximen discussed the need to update shareholders regarding the current status of the Kenville […]