Tag: Million

NOVAGOLD Receives $25 Million from Newmont

2023-07-27 14:07:04 Third payment for the sale of NOVAGOLD’s 50% interest in the Galore Creek project Treasury exceeds $125 million VANCOUVER, British Columbia, July 27, 2023 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (NYSE American, TSX: NG) (“NOVAGOLD” or “the Company”) received $25 million from Newmont Corporation (NYSE: NEM, TSX: NGT) (“Newmont”) as per the 2018 […]

AJN Resources Announces C$4 Million Private Placement Offering

2023-07-26 09:15:10 Vancouver, British Columbia–(Newsfile Corp. – July 26, 2023) – AJN Resources Inc. (CSE: AJN) (FSE: 5AT) (“AJN” or the “Company”) is pleased to announce a non-brokered private placement offering of up to 16,000,000 units (each, a “Unit”) at a price of $0.25 per Unit, for gross proceeds of up to $4,000,000 (the “Offering”). […]

Ascendant Resources Announces Post-Tax NPV8 of US$147 Million and 39% IRR from Initial Feasibility Study at Lagoa Salgada Project in Portugal

2023-07-25 15:38:31 Completes Requirement for Project Ownership to Increase to 80% Robust economics to drive construction funding solid operating basis to drive initial production Optimization program commenced to further enhance economics Highlights of the 2023 Definitive Feasibility Study include: Post-tax NPV8% of US$147 million and 39% IRR Average annual payable zinc equivalent (“ZnEq”) production of […]

Euro Sun Mining Announces up to $5 Million Private Placement

2023-07-25 14:32:10 NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 25, 2023 (GLOBE NEWSWIRE) — Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement of up to 100,000,000 common shares of the […]

Sitka Gold Closes Oversubscribed $1.52 Million Private Placement

2023-07-25 08:03:54 VANCOUVER, CANADA – TheNewswire – July 25, 2023 – Sitka Gold Corp. (“Sitka” or the “Company”) (CSE:SIG) (FSE:1RF) (OTC:SITKF) is pleased to announce that the Company has closed its previously announced non-brokered private placement for total gross proceeds of $1,520,090.77 (the “Offering”) through the issuance of 13,819,007 flow-through units (the “FT Units”) at […]

NGEx Minerals Increases Private Placement to C$85 Million

2023-07-21 06:27:50 VANCOUVER, BC, July 21, 2023 /CNW/ – NGEx Minerals Ltd. (TSXV: NGEX) (“NGEx Minerals” “NGEx” or the “Company”) is pleased to announce that, due to strong demand, it has elected to increase the previously announced non-brokered private placement to an aggregate of up to 13,076,923 common shares of the Company (the “Common Shares”) at […]

Orford Mining closes $2.2 million Financing

2023-07-20 16:00:19 /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, July 20, 2023 /CNW/ – Orford Mining Corp. (“Orford” or the “Company“) (TSXV: ORM) is pleased to announce that it has closed its previously announced (July 11, 2023 and July 12, 2023) non-brokered private placement of: (i) 6,456,000 […]

Adventus Mining Completes Draw of US$9 Million Under Financings

2023-07-20 15:39:54 TORONTO, July 20, 2023 /CNW/ – Adventus Mining Corporation (“Adventus Mining” or the “Company“) (TSXV: ADZN) (OTCQX: ADVZF) is pleased to announce it has been advanced US$9 million, pursuant to previously announced debt-related financing arrangements with Altius Minerals Corporation (TSX: ALS, “Altius“) and Trafigura Pte Ltd. (“Trafigura“) (see news release dated July 14, 2023). […]

NGEx Minerals Announces C$40 Million Private Placement

2023-07-20 14:23:20  VANCOUVER, BC, July 20, 2023 /CNW/ – NGEx Minerals Ltd. (TSXV: NGEX) (“NGEx Minerals” “NGEx” or the “Company”) is pleased to announce that it intends to sell on a non-brokered private placement basis, an aggregate of up to 6,155,000 common shares of the Company (the “Common Shares”) at a price of C$6.50 per […]

Atha Energy Announces $12 Million Option with Stallion Discoveries for Exploration of Southwestern Athabasca Claims

2023-07-18 06:03:17 VANCOUVER, BC, July 18, 2023 /CNW/ – ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA” or the “Company“) is pleased to announce that it has signed a definitive agreement (the “Agreement“) with Stallion Discoveries Corp. (TSXV: STUD) (“Stallion“), providing Stallion an ability to earn an option (the “Option“) to acquire a 70% interest in 47 […]

Graphite One Awarded $37.5 Million Department of Defense Grant Under the Defense Production Act

2023-07-17 05:58:44 Funding for feasibility study highlights graphite as a battery material “essential for the national defense” CEO: DoD Grant “underscores confidence in our strategy to build a 100% U.S.-based advanced graphite supply chain” VANCOUVER, BC, July 17, 2023 /CNW/ – Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (“Graphite One”, “G1” or the “Company”), planning […]

Adventus Mining Provides Corporate Update and Announces US$9 Million of Financings with Altius Minerals and Trafigura

2023-07-14 11:12:25 TORONTO, July 14, 2023 /CNW/ – Adventus Mining Corporation (“Adventus Mining” or the “Company“) (TSXV: ADZN) (OTCQX: ADVZF) is pleased to provide a corporate update with regards to the final funding requirements for the El Domo – Curipamba copper-gold project located in central Ecuador (“El Domo” or the “Project“). Since February 2023, Adventus Mining has […]

Bear Creek Mining Announces C$8.2 Million Private Placement

2023-07-12 05:40:59 Vancouver, British Columbia–(Newsfile Corp. – July 12, 2023) – Bear Creek Mining Corporation (TSXV: BCM) (BVL: BCM) (“Bear Creek” or the “Company”) is pleased to announce that it plans to conduct a non-brokered private placement of 16,725,000 common shares of Bear Creek (the “Shares”) at a price of C$0.49 per Share to raise […]

Gladiator Metals Completes Final Tranche of C$7.55 Million Private Placement

2023-07-12 04:06:00 Vancouver, British Columbia–(Newsfile Corp. – July 12, 2023) – Gladiator Metals Corp. (TSXV: GLAD) (OTC Pink: GDTRF) (FSE: ZX7) (“Gladiator” or the “Company“), is pleased to announce that it has closed the final tranche of its private placement (the “Offering“) of 1,364,000 units of the Company (each, a “Unit“) at a price of […]

Orford Mining Announces Private Placement Financing of up to $2.0 million

2023-07-11 05:23:38 TORONTO, July 11, 2023 /CNW/ – Orford Mining Corp. (“Orford” or the “Company“) (TSXV: ORM) is pleased to announce a non-brokered private placement of: (i) approximately 6.0 million in the aggregate “flow-through” shares (“FT shares“) or Critical Minerals “flow-through” shares (“CMFT shares“) at an issue price of C$0.1725 per share, and (ii) approximately […]

Onyx Gold Closes C$8.36 Million Private Placement

2023-07-11 03:34:53 Vancouver, British Columbia–(Newsfile Corp. – July 11, 2023) – Onyx Gold Corp. (“Onyx Gold” or the “Company“) and HighGold Mining Inc. (TSXV: HIGH) (OTCQX: HGGOF) (“HighGold“)  are pleased to announce that Onyx Gold has closed its previously announced private placement (the “Private Placement“), pursuant to which Onyx Gold issued 7,888,000 non-flow-through units (each, […]

Anfield Energy Announces Closing of C$4.5 Million Private Placement Financing

2023-07-10 06:12:08 VANCOUVER, British Columbia, July 10, 2023 (GLOBE NEWSWIRE) —  Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that it has closed its brokered private placement in which it issued 81,820,000 units of the Company (“Units”) at a price of C$0.055 per Unit (the “Offering […]

Trench Metals Announces C$2.5 Million Private Placement

2023-07-10 05:09:43 Vancouver, Canada – TheNewswire – July 10, 2023 – Trench Metals Corp. (the “Company”) (TSXV:TMC, FWB: 33H2) is pleased to announce it will conduct a non-brokered private placement (the “Offering”) of up to 10,000,000 units of the Company (each, a “Unit”) at a price of $0.25 per Unit to raise gross proceeds of […]

Quimbaya Gold Announces C$1 Million Private Placement Financing

2023-07-07 05:05:24 VANCOUVER, BC, July 7, 2023 /CNW/ – Quimbaya Gold Inc. (CSE: QIM) (“Quimbaya” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement offering of common shares of the Company (“Common Shares“) at a price of $0.45 per Common Share for aggregate gross proceeds of up to […]

Stria Lithium is pleased to announce that it has received the final milestone payment in option 1 of the earn in agreement with a payment of C$2 million in Cygnus Metals shares

2023-07-05 19:07:03 Ottawa, ON – TheNewswire – July 05, 2023 – Stria Lithium Inc. (TSXV:SRA) (“Stria” or the “Company”) is pleased to announce it has received the final milestone payment of C$2 million in Cygnus Metals shares.  Cygnus Metals (ASX:CY5) has now earned 51 per cent of Pontax Central by spending C$4 million on exploration […]

South Star Battery Metals Announces C$4 Million Non-Brokered Private Placement

2023-07-05 05:03:11 VANCOUVER, BC / ACCESSWIRE / July 05, 2023 / South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV:STS) (OTCQB:STSBD), is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of units (the “Units”) at a price of C$0.53 per Unit to raise up to C$4,000,000. […]

TRU Precious Metals Announces Proposed CAD$3 Million Strategic Investment from Ormonde Mining

2023-07-04 08:28:39 TORONTO, ON / ACCESSWIRE / July 4, 2023 / TRU Precious Metals Corp. (TSXV:TRU) (OTCQB:TRUIF) (“TRU” or the “Company”) is pleased to announce that it has entered into a binding subscription agreement (the “Agreement”) with Ormonde Mining Plc (“Ormonde”) (LON:ORM), with respect to a non-brokered private placement of the Company to be carried […]

Kiplin Metals Announces C$3 Million Private Placement

2023-07-04 05:02:30 July 4th, 2023 – TheNewswire – Kiplin Metals Inc. (TSXV:KIP) (the “Company” or “Kiplin”) is pleased to announce that it will conduct a non-brokered private placement (the “Offering”), under the Listed Issuer Financing Exemption (as defined below), of up to 15,000,000 units of the Company (each, a “Unit”) at a price of $0.20 […]

Heliostar Metals Announces Increase to Previously-Announced Private Placement to Up to $7 Million

2023-06-30 14:09:54 VANCOUVER, British Columbia, June 30, 2023 (GLOBE NEWSWIRE) — Heliostar Metals Ltd. (TSXV:HSTR) (the “Company”) is pleased to announce today that it has agreed with Clarus Securities Inc. (“Clarus”), as lead agent, on behalf of a syndicate of agents including PI Financial Corp. and Roth Canada, Inc. (collectively, the “Agents”), to increase the […]

Gladiator Metals Completes $2.1 Million First Tranche of Brokered Private Placement

2023-06-30 09:55:21 VANCOUVER, British Columbia, June 30, 2023 (GLOBE NEWSWIRE) — Gladiator Metals Corp. (TSXV: GLAD / OTC Markets: GDTRF / FSE: ZX7) (“Gladiator” or the “Company”), is pleased to announce that it has closed a first tranche of its previously announced brokered private placement offering (the “Offering”) of 3,858,018 units of the Company (each, […]

Radisson Mining Announces Closing of $2.3 Million Private Placement

2023-06-29 13:13:04 ROUYN-NORANDA, Quebec, June 29, 2023 (GLOBE NEWSWIRE) — Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson” or the “Corporation“) is pleased to announce that it has closed its previously announced non-brokered private placement with investors relying on prospectus exemption pursuant to Regulation 45-106 respecting Prospectus Exemptions, for aggregate gross proceeds of $2,305,421.58 (the “Offering”). […]

Golden Minerals Announces Closing of US$2.1 Million Registered Direct Offering

2023-06-29 09:23:22 GOLDEN, Colo. / Jun 29, 2023 / Business Wire / Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN) is pleased to announce that it has closed its previously announced registered direct offering for the purchase and sale of an aggregate of 1,427,587 shares of common stock […]

Trigon Metals Announces $3 Million Brokered Private Placement

2023-06-28 13:28:19 TORONTO, June 28, 2023 /CNW/ – Trigon Metals Inc. (TSXV: TM) (OTCQB: PNTZF) (“Trigon” or the “Company”) is pleased to announce that it has entered into an agreement with Beacon Securities Limited (the “Lead Agent”) to act as lead agent and sole bookrunner on behalf of a syndicate of agents, including Echelon Wealth Partners Inc. (together with […]

Heliostar Metals Announces C$5 Million Brokered Private Placement

2023-06-28 13:08:00 VANCOUVER, British Columbia, June 28, 2023 (GLOBE NEWSWIRE) — Heliostar Metals Ltd. (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1) (“Heliostar” or the “Company”) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. (the “Lead Agent”) to act as lead agent and sole bookrunner on behalf of a syndicate […]

Eminent Gold Announces C$1.5 Million Private Placement

2023-06-28 04:34:52 VANCOUVER, BC, June 28, 2023 /CNW/ – Eminent Gold Corp. (TSXV: EMNT) (OTCQB: EMGDF) (the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) for up to $1,500,000. Pursuant to the Offering, if fully subscribed to, the Company will issue 4,687,500 units at a price of $0.32 per unit, for gross […]

Ascot Resources Closes US$14 Million Nebari Convertible Facility

2023-06-27 14:16:16 VANCOUVER, British Columbia, June 27, 2023 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that pursuant to its News Release dated June 19, 2023, it has closed the US$14 million subordinated convertible credit facility (the “Nebari Convertible Facility”) with Nebari Gold Fund 1, […]

Endeavour Silver Announces At-the-Market Offering of up to US$60 Million

2023-06-27 14:11:15 VANCOUVER, British Columbia, June 27, 2023 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announces it has entered into a sales agreement dated June 27, 2023 (the “Sales Agreement”) with BMO Capital Markets Corp. (the lead agent), CIBC World Markets Inc., TD Securities (USA) LLC, H.C. Wainwright & Co., […]

Bitcoin Mining Firm Riot Secures 33,000 New Rigs for $162 Million

Riot Platforms—one of the largest Bitcoin mining companies in the world—is set to boost its hashrate capacity to new heights after purchasing 33,280 mining rigs from MicroBT, a leading manufacturer of the machines needed to mine new coins.  The Application-Specific Integrated Circuit (ASIC) order adds up to $162.9 million, making it a standout purchase even […]

Kaizen Discovery Arranges C$2 Million Short-Term Loan from Ivanhoe Electric

2023-06-26 13:32:26 Vancouver, British Columbia–(Newsfile Corp. – June 26, 2023) – Kaizen Discovery Inc. (TSXV: KZD) (otherwise “Kaizen” or “the Company”) announces today that it has arranged a short-term loan of C$2 million (the “Short-Term Loan”) from Kaizen’s indirect majority shareholder, Ivanhoe Electric Inc. (“IE”). IE will advance funds under the Short-Term Loan at its […]

Fremont Gold to Raise $3 Million for Drilling Vardenis and Advancing Nevada Assets

2023-06-22 06:32:09 Vancouver, British Columbia–(Newsfile Corp. – June 22, 2023) – Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTCQB: FRERF) (“Fremont” or the “Company“) is pleased to announce the terms of a non-brokered private placement of up to 25,000,000 units (“Unit“) at a price of $0.12 per Unit for gross proceeds of up to $3,000,000 […]

Forum Energy Metals Closes $3 Million Flow Through Share Private Placement

2023-06-21 13:18:22 Vancouver, British Columbia–(Newsfile Corp. – June 21, 2023) – Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (“Forum” or the “Company”) announces that it has closed its previously announced non-brokered private placement for proceeds of $2,999,923 through the issuance of 22,221,649 flow through shares (the “FT Shares”) at a price of $0.135 per […]

Cosa Resources Closes C$5.5 Million Private Placement

2023-06-21 05:52:18 Vancouver, British Columbia – TheNewswire – June 21, 2023 – Cosa Resources Corp. (CSE:COSA) (“Cosa Resources” or the “Company”) is pleased to announce that it has closed the brokered private placement previously announced by the Company on May 30, 2023 for aggregate gross proceeds of $5,557,795.50 (the “Offering”). The Offering was conducted by […]

Rio2 Limited Receives US$5 Million From Chilean IVA/VAT Refund

2023-06-20 04:31:37 VANCOUVER, British Columbia, June 20, 2023 (GLOBE NEWSWIRE) — Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that the Chilean Internal Revenue Service has issued Fenix Gold Limitada, Rio2’s wholly owned subsidiary in Chile, an IVA/VAT (Impuestos a Las Ventas y Servicios/Value Added Tax) refund in the […]

O3 Mining Announces C$10 Million Convertible Debenture Placement

2023-06-19 06:48:57 TORONTO, June 19, 2023 /CNW/ – O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining” or the “Corporation”) is pleased to announce that it has completed a C$10 million private placement (the “Placement”) with a strategic investor (the “Investor”), pursuant to which O3 Mining issued to the Investor a senior unsecured convertible debenture in an […]

Imperial Metals Agrees to Issue up to $35 Million of Non-Convertible Debentures

2023-06-16 16:29:07 VANCOUVER, British Columbia, June 16, 2023 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company” or “Imperial”) (TSX:III) is pleased to announce that it is planning to issue unsecured non-convertible debentures (the “Debentures”), with an aggregate principal amount of up to $35,000,000 on a non-brokered private placement basis (the “Private Placement”). The Debentures have […]

Anfield Energy Announces C$5 Million Financing

2023-06-15 13:29:29 VANCOUVER, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) — Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc., on behalf of a syndicate of agents (collectively, the “Agents”), who have agreed to sell, on […]

Bravo Mining Announces Completion of Private Placement for C$5.27 Million

2023-06-15 06:18:00 VANCOUVER, BC, June 15, 2023 /CNW/ – Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF) (“Bravo” or the “Company“) announces that it has closed the previously announced private placement offering (the “Concurrent Private Placement”) of common shares of the Company (the “Common Shares”). Pursuant to the Concurrent Private Placement, the Company has issued 1,504,992 […]

Midland Exploration Options to Rio Tinto an Interest in Several Highly Prospective Lithium Properties in James Bay, Quebec for Up to $65.5 Million in Expenditures and Other Payments

2023-06-14 07:00:40 MONTREAL, June 14, 2023 (GLOBE NEWSWIRE) — Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the execution of a new option agreement on June 13, 2023 (the “Option Agreement”) with Rio Tinto Exploration Canada Inc. (“RTEC”) for several projects in the James Bay region showing strong lithium potential. The Option Agreement encompasses […]

Eldorado Gold Announces Closing of C$81.5 Million Strategic Investment by the European Bank for Reconstruction and Development (EBRD)

2023-06-14 06:14:50 Mr. George Burns reports: VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or the “Company”) today announced the closing of the previously announced strategic investment of C$81.5 million by the European Bank for Reconstruction and Development (the “EBRD”). The investment was effected by way of a private placement whereby […]

Filo Mining Closes C$130 Million Private Placement

2023-06-14 06:03:00 VANCOUVER, BC , June 14, 2023 /CNW/ – Filo Mining Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) (“Filo Mining”, or the “Company”) is pleased to report it has closed its previously announced non-brokered private placement that was upsized on June 2, 2023 due to strong investor demand. Commenting on the private […]

Inca One Gold Reports May Sales of $3.9 Million, a 79% Month over Month Increase

2023-06-13 02:37:13 Vancouver, British Columbia–(Newsfile Corp. – June 13, 2023) – INCA ONE GOLD CORP. (TSXV: INCA) (OTCQB: INCAF) (FSE: SU92) (“Inca One” or the “Company“) a gold producer operating two mineral processing facilities in Peru, (the “Plants“) reports consolidated sales (unaudited) for May 2023 and comparative month over month (“MoM“) operational results. Sales revenue […]

Aranjin Resources Announces C$1 Million Private Placement

2023-06-12 05:33:09 Ulaanbaatar, Mongolia–(Newsfile Corp. – June 12, 2023) – Aranjin Resources Ltd. (TSXV: ARJN) (“Aranjin Resources“ or the “Company“), is pleased to announce a non-brokered private placement of up to $1,000,000 (the “Private Placement“) through the sale of units of the Company (the “Units“) at a price of $0.02 per Unit. Each Unit is […]

GMV Minerals Closes C$1.4 Million Non-Brokered Financing

2023-06-08 14:02:35 Vancouver, British Columbia–(Newsfile Corp. – June 8, 2023) – GMV Minerals Inc. (TSXV: GMV) (OTCQB: GMVMF) (the “Company” or “GMV”) is pleased to report that its non-brokered private placement has closed with the issuance of 10,009,864 Units at a price of $0.14 per Unit for gross proceeds of $1,401,381 with all securities issued having […]

Gladiator Metals Announces Brokered Private Placement of up to $7 Million

2023-06-08 13:08:49 VANCOUVER, British Columbia, June 08, 2023 (GLOBE NEWSWIRE) — Gladiator Metals Corp. (TSXV: GLAD / OTC: GDTRF / FSE: ZX7) (“Gladiator” or the “Company”), is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead agent and sole bookrunner (“Lead Agent”), on behalf of a syndicate […]

Gabriel Resources Closing of US$4.75 Million Private Placement

2023-06-08 10:14:58 LONDON, UK / ACCESSWIRE / June 8, 2023 / Further to the news release of May 23, 2023, Gabriel Resources Ltd. (TSXV:GBU)(“Gabriel” or the “Company“) is pleased to announce that it has completed the closing of its non-brokered private placement (the “Private Placement“) of 24,782,212 common shares of the Company (“Common Share“) at […]

Mirasol Upsizes Private Placement Financing to $7.4 Million

2023-06-02 10:59:47 VANCOUVER, British Columbia, June 02, 2023 (GLOBE NEWSWIRE) — Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) today announced that due to strong demand it has increased its previously announced non-brokered private placement from 4,000,000 units up to 5,920,000 units at a price of $1.25 per unit (the “Placement”). The […]

Filo Mining Increases Private Placement to C$130 Million

2023-06-02 06:02:46 VANCOUVER, BC, June 2, 2023 /CNW/ – Filo Mining Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) (“Filo Mining”, or the “Company”) is pleased to announce that due to strong demand it has elected to increase the previously announced non-brokered private placement to an aggregate of 6,161,138 common shares of the […]

Filo Mining Announces C$100 Million Private Placement

2023-05-31 18:34:00 VANCOUVER, BC, May 31, 2023 /CNW/ – Filo Mining Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) (“Filo Mining”, or the “Company”) is pleased to announce that it intends to sell on a non-brokered private placement basis, an aggregate of 4,739,337 common shares of the Company (the “Common Shares”) at a […]

Cosa Resources Announces C$5 Million Private Placement

2023-05-30 13:11:54 VANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) — Cosa Resources Corp. (CSE: COSA) (“Cosa Resources” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood” or the “Agent”) who has agreed to sell, on a commercially reasonable efforts private placement basis, 2,857,200 hard […]

Nevada Copper Announces Closing of C$52.9 Million Public Offering

2023-05-30 09:36:53 YERINGTON, Nev., May 30, 2023 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) is pleased to announce that it has completed its previously announced public offering of units of the Company (the “Units”), which included a partial exercise of the over-allotment option (the “Over-Allotment […]

Bear Creek Mining Signs a Term Sheet to Defer US$25.8 Million in Debt Payments for a Period of Five Years

2023-05-30 04:49:35 Vancouver, British Columbia–(Newsfile Corp. – May 30, 2023) – Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (“Bear Creek” or the “Company”) is pleased to announce that it has executed a non-binding indicative term sheet with a wholly-owned subsidiary of Equinox Gold Corp. (“Equinox Gold”) to refinance US$25.8 million in near-term […]

Radius Gold Completes $1.95 Million Private Placement Financing

2023-05-30 04:13:43 May 30, 2023 – TheNewswire – Vancouver, British Columbia – Radius Gold Inc. (TSXV:RDU) (“Radius” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 11,149,983 units at a price of $0.175 per unit, for gross proceeds of $1,951,247.  Each unit consists […]

Strategic Minerals Europe Issues Warrants In Connection With Previously Announced US$1.075 Million Loan Transaction

2023-05-29 14:03:13 TORONTO, May 29, 2023 /CNW/ – Strategic Minerals Europe Corp. (NEO: SNTA) (OTCQB: SNTAF) (“Strategic Minerals” or “the Company“), a company focused on the production, development, and exploration of tin, tantalum, and niobium, announces that, pursuant to the previously-announced US$1.075 million loan transaction (the “Loan“) with SMS (as defined herein), Jaime Perez Branger […]

Cardano DeFi Boom Results in More Than 2 Million Transactions in Less Than a Month

In the rapidly growing decentralized finance (DeFi) sector, Cardano has emerged as a key player, recording a staggering 2 million transactions in May Cardano, a major player in the cryptocurrency space, recorded an impressive 2 million transactions in the month of May alone. This impressive figure coincides with a period of exponential growth in Cardano’s […]

F3 Uranium Announces Closing of Private Placements for Aggregate Gross Proceeds of C$12 Million

2023-05-26 09:08:41 Kelowna, British Columbia–(Newsfile Corp. – May 26, 2023) – F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (“F3 Uranium” or the “Company“) is pleased to announce the closing of its previously announced “bought deal” private placement (the “Brokered Private Placement“) and non-brokered private placement (the “Non-Brokered Private Placement“, together with the Brokered Private Placement, […]

American Eagle Gold Closes C$2.96 Million Financing

2023-05-25 06:35:54 Toronto, Ontario–(Newsfile Corp. – May 25, 2023) – American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) (“American Eagle” or the “Company”) is pleased to announce that it has closed the previously announced strategic investment in the Company by Teck Resources Limited (TSX: TECK.A) (TSX: TECK.B) (NYSE: TECK) (“Teck”) through a structured charity flow-through […]

Defense Metals Announces Closing of its $12.5 Million Private Placement, Including $6.6 Million Strategic Financing with RCF Opportunities Fund II L.P.

2023-05-25 06:04:55 VANCOUVER, BC, May 25, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“); (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that, further to its news release of April 27, 2023, it has closed its non-brokered private placement financing (the “LIFE Offering“) of 22,367,977 common shares of the Company (“Common […]

Kootenay Silver Announces Closing of $3.7 Million Private Placement

2023-05-24 17:51:24 VANCOUVER, BC, May 24, 2023 /CNW/ – Kootenay Silver Inc. (“Kootenay” or the “Company“) (TSXV: KTN) announces that it has closed its previously announced brokered private placement offering (the “Offering“) of units of the Company (the “Units“) for gross proceeds of approximately $2.1 million with a non-brokered portion for gross proceeds of approximately […]

New Age Metals: 2023/2024 Interim Budget of $2 Million Approved by Mineral Resources to Fund Summer/Fall Exploration Program, Lithium Division, Manitoba

2023-05-24 05:41:50 May 24th, 2023 – TheNewswire – Rockport, Ontario – New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J.F) (“NAM” or the “Company”) in regards with its Farm-in/Joint Venture agreement with Mineral Resources Ltd. (“MinRes”). NAM is pleased to announce that an interim budget of C$2 million has been approved by MinRes to fund the Project’s […]

Idaho Champion Announces up to $4 Million Private Placement of Flow-Through Shares

2023-05-18 14:17:13 Toronto, Ontario–(Newsfile Corp. – May 18, 2023) – Idaho Champion (CSE: ITKO) (OTCQB: GLDRF) (FSE: 1QB1) (“Idaho Champion” or the “Company“) is pleased to announce that the Company is arranging a private placement of up to 20,000,000 flow through shares ( “FT Shares“) at a price of $0.20 per FT Share. The Company […]

Leocor Gold Announces $1.2 Million Exploration Plan for Newfoundland Gold Projects

2023-05-18 05:37:48 Vancouver, British Columbia – TheNewswire – May 18, 2023 – Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR), (OTC:LECRF) is pleased to announce a $1.2 million exploration plan for its gold projects located in Newfoundland, Canada (Figure 1). With over 150,000 hectares within the Central Newfoundland Gold Belt, targeting and exploration plans have […]

Dynacor Group Reports Record Ore Tonnage Processed Generating Quarterly Sales of $56.7 Million and a Net Income of $4.5 Million in Q1-2023 (US$0.11 or CA$0.15 Per Share)

2023-05-16 22:14:43 MONTREAL / May 15, 2023 / Business Wire / Dynacor Group Inc. (TSX: DNG) (Dynacor or the Corporation) released its unaudited condensed interim consolidated financial statements and the management’s discussion and analysis (MD&A) for the first quarter ended March 31, 2023. These documents have been filed electronically with SEDAR at www.sedar.com and will […]

Vizsla Copper Announces $5.0 Million Brokered Private Placement Financing

2023-05-16 13:51:28 VANCOUVER, British Columbia, May 16, 2023 (GLOBE NEWSWIRE) — Vizsla Copper Corp. (TSXV: VCU | OTCQB: VCUFF | FRANKFURT: 97E0) (“Vizsla Copper” or the “Company”) is pleased to announce that it has entered into an agreement with PI Financial Corp. as sole bookrunner and lead agent (the “Lead Agent”) in connection with a […]

IAMGOLD Announces $400 Million Term Loan Financing

2023-05-16 06:17:54 All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. Toronto, Ontario–(Newsfile Corp. – May 16, 2023) – IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) (“IAMGOLD” or the “Company”) today announced that it has entered into a five year second lien secured term loan (the “2nd Lien Term Loan” or “Term Loan”) in […]

Electric Metals Announces $6.25 Million Non-Brokered Financing

2023-05-16 06:12:52 Issue up to 26,595,746 Units (assuming a Unit price of $0.235, proceeds of approximately $6,250,000 – see below for more detailed information). EML insiders to participate along with Quail Bend LLC (“Quail Bend”). New funding will allow EML to expedite exploration drilling, metallurgical and battery test work and to initiate process design and […]

Beyond Minerals Closes $1.38 Million Flow-Through Financing

2023-05-15 05:13:27 2023 Exploration Program Fully Funded and Underway HIGHLIGHTS $1.38-Million Flow-Through Financing Fully Funds 2023 Exploration Program Phase 1 Exploration Program Has Commenced: Covering all 64 Beyond Lithium projects, the largest greenfield Lithium portfolio in Ontario, including a significant position in every major lithium, cesium, tantalum (“LCT”) pegmatite district known in that province Up […]

Orford Mining Announces Financing of up to $6.0 million

2023-05-12 06:12:45 TORONTO, May 12, 2023 /CNW/ – Orford Mining Corp. (“Orford” or the “Company“) (TSXV: ORM) is pleased to announce a non-brokered private placement of: (i) approximately 4.0 million “Critical Minerals flow-through” units (“CMFT Units“) at an issue price of C$0.248 per unit, and (ii) approximately 18.6 million “Flow through” units (“FT Units“) at […]

GoviEx Uranium Closes C$15 Million Bought Deal Private Placement

2023-05-11 09:40:54 Vancouver, British Columbia–(Newsfile Corp. – May 11, 2023) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or the “Company“), is pleased to report that it has closed its previously announced bought deal private placement financing, underwritten by Eight Capital and SCP Resource Finance LP (formerly known as Sprott Capital Partners LP), as lead underwriters […]

Sun Summit Minerals Closes Oversubscribed $2.89 Million Private Placement

2023-05-11 05:05:56 Vancouver, British Columbia–(Newsfile Corp. – May 11, 2023) – Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that it has closed its oversubscribed private placement for gross proceeds of $2,889,419.66 consisting of: (i) 9,123,015 non-flow-through units at a price of $0.11 each (“NFT Units“) for $1,003,531.70; and (ii) 15,715,733 […]

Stroud Resources Announces C$1.5 Million Private Placement

2023-05-10 10:16:23 TORONTO, May 10, 2023 (GLOBE NEWSWIRE) — Stroud Resources Ltd. (TSXV: SDR) (“Stroud” or “Company”) announces a non-brokered private placement to raise up to C$1,500,000. The Company proposes to issue Convertible Debentures for gross proceeds of up to C$1,500,000. The Convertible Debentures bear interest of 14% and mature 90 days from issue. On […]

Japan Gold Closes $5.7 Million First Tranche of Financing

2023-05-10 05:36:31 Vancouver, British Columbia–(Newsfile Corp. – May 10, 2023) – Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (the “Company“) is pleased to announce the closing of the first tranche of a non-brokered private placement of Shares (the “Offering“) of the Company. In connection with closing of the first tranche of the Offering, investors subscribed for […]

Prime Mining Receives $28 Million From Warrant Acceleration Program

2023-05-09 13:06:07 VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM, OTCQX: PRMNF, Frankfurt: O4V3) announces that 14,025,410 common share purchase warrants (the “Warrants”) issued by the Company on December 22, 2022 have now been exercised resulting in gross proceeds to the Company of $28,050,820. The […]

Revival Gold Announces C$5 Million Brokered Private Placement

2023-05-08 13:11:29 TORONTO, May 8, 2023 /CNW/ – Revival Gold Inc. (TSXV: RVG) (“Revival Gold” or the “Company“), is pleased to announce that it has entered into an agreement with Beacon Securities Limited and Paradigm Capital Inc. (the “Agents“) to act as co-lead agents and joint bookrunners in connection with a “best efforts” private placement of […]

Red Pine Exploration Closes $7.745 Million Private Placement

2023-05-08 07:45:17 TORONTO, May 08, 2023 (GLOBE NEWSWIRE) — Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to announce that it has closed its previously announced “best efforts” private placement (the “Offering”) for gross proceeds of approximately $7.745 million, including full exercise of the Agents’ Option (as defined […]

Idaho Champion Announces Strategic C$1 Million Private Placement

2023-05-08 04:10:49 Toronto, Ontario–(Newsfile Corp. – May 8, 2023) – Idaho Champion (CSE: ITKO) (OTCQB: GLDRF) (FSE: 1QB1) (“Idaho Champion” or the “Company“) today announces a private placement offering (“the Offering“) for total proceeds of C$1,000,000 at $0.13, representing 7,692,308 Common Shares of the Company. The shares under the terms of the Offering are priced at a […]

Indigo Exploration Receives over $0.7 Million Through Warrant Exercise

2023-05-08 00:20:52 Vancouver, British Columbia–(Newsfile Corp. – May 8, 2023) – Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the “Company“) is pleased to report that the Company has, in the last week, received proceeds of $714,235 upon the exercise of 7,147,235 warrants at a price of $0.10 per share, representing approximately 60% of the outstanding number […]

Aldebaran Receives $6 Million From Warrant Exercise

2023-05-05 04:00:39 VANCOUVER, British Columbia, May 05, 2023 (GLOBE NEWSWIRE) — Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) reports that a total of 8,588,334 warrants at $0.70 (the “Warrants”) have been exercised and the remaining 2,239,257 Warrants expired on May 3, 2023. The Warrants were issued as part of a private […]

Spanish Mountain Gold Appoints Peter Mah as President and CEO, Brent Bergeron as Chair and Announces $6 Million Non-brokered Private Placement

2023-05-04 15:02:50 Vancouver, British Columbia–(Newsfile Corp. – May 4, 2023) – Spanish Mountain Gold Ltd. (TSXV: SPA) (the “Company” or “Spanish Mountain Gold“)  is pleased to announce Mr. Peter Mah as President, Chief Executive Officer and Director of the Company. Mr. Mah was previously appointed Interim CEO on March 6, 2023 and has accepted the […]

Outcrop Silver Announces $6 Million Public Offering of Units

2023-05-02 05:22:29 VANCOUVER, British Columbia, May 02, 2023 (GLOBE NEWSWIRE) — Outcrop Silver & Gold Corporation (TSXV: OCG) (OTCQX: OCGSF) (DE: MRG1) (“Outcrop Silver” or the “Company”) is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead agent and sole bookrunner, on behalf of a syndicate of agents […]

Cartier Resources Completes C$1.5 Million Private Placement

2023-05-01 13:21:41 VAL-D’OR, Québec, May 01, 2023 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 5,140,000 national flow-through common shares (the “National Flow-Through Shares”) and 4,545,455 Québec flow-through common shares (the “Québec Flow-Through Shares”) for aggregate gross proceeds […]

Sixty North Gold Mining Announces Non-Brokered Private Placement to Raise up to $1.5 Million

2023-05-01 06:06:45 Vancouver, British Columbia–(Newsfile Corp. – May 1, 2023) – Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the “Company” or “Sixty North Gold“) announces a non-brokered private placement to raise $1.5 million for the Mon Gold Mine and general corporate purposes. Sixty North Gold announces that, subject to exchange […]

Defense Metals Announces Private Placements for Aggregate Proceeds of $12.5 Million With Lead Order from RCF Opportunities Fund II L.P. of $6.6 Million

2023-04-27 05:35:25 VANCOUVER, BC, April 27, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce a non-brokered private placement financing (the “LIFE Offering“) of up to 22,367,977 Common Shares of the Company (“Common Shares“) at a price of $0.26 per Common Share, and […]

Inca One Gold Reports Calendar Q1 2023 Sales of US$8.7 Million

2023-04-26 02:33:31 Vancouver, British Columbia–(Newsfile Corp. – April 26, 2023) – INCA ONE GOLD CORP. (TSXV: INCA) (OTCQB: INCAF) (FSE: SU92) (“Inca One” or the “Company“), a gold producer operating two mineral processing facilities in Peru (the “Plants“), reports consolidated sales (unaudited) for the three months of January, February and March 2023 (“Q1 2023” or […]

Radius Gold Provides Exploration Update for Tropico Project and Announces Proposed C$1.75 Million Private Placement to Fund Drilling

2023-04-25 04:10:00 Vancouver, British Columbia – TheNewswire – April 25, 2023 – Radius Gold Inc. (TSXV:RDU) (“Radius” or the “Company”) is pleased to provide an exploration update for the Tropico gold mineralized “hot spring type” sinter and breccia pipe target within the Fresnillo district, Zacatecas, Mexico. Additionally, Radius proposes a non-brokered private placement of a […]