Tag: Subsidiary

Mkango Subsidiary, Maginito, and CoTec Form US Joint Venture

2023-09-13 23:05:10 LONDON and VANCOUVER, British Columbia, Sept. 14, 2023 (GLOBE NEWSWIRE) — CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) and Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) are pleased to announce that CoTec and Maginito Limited (“Maginito”) have entered into a binding letter agreement pursuant to which they have agreed a 50:50 joint venture […]

Great Atlantic Resources Establishes wholly Owned Subsidiary Golden Promise Mines

2023-09-06 06:04:28 VANCOUVER, BC / ACCESSWIRE / September 6, 2023 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce that it has established a wholly-owned subsidiary named Golden Promise Mines Inc. into which it will be transferring all of Great Atlantic’s central Newfoundland gold properties including the Golden Promise […]

Ivanhoe Electric’s 90%-Owned Subsidiary VRB Energy Achieves Milestone Global Safety Certification for its Third Generation Vanadium Redox Flow Batteries (“VRB-ESS(R)”)

2023-08-30 04:02:57 VRB-ESS® Utilize a Vanadium Electrolyte that Can Be Charged and Discharged Over an Almost Unlimited Number of Cycles VRB-ESS® Energy Storage Capabilities are Ideal for Daily Cycling Required to Support Utility Substations, Large Commercial and Industrial Sites and for Integrating Solar, Wind and Microgrid Facilities VRB Energy Currently has Over 500 MWh of […]

Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q2 2023 Financial Results

2023-08-01 04:10:38 TORONTO / Aug 01, 2023 / Business Wire / Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or “the Company”) announces the filing at the Lima Stock Exchange (“BVL”) by its subsidiary, Sociedad Minera Corona S.A. (“Corona”) of its unaudited Financial Statements and the Management’s Discussion and Analysis (“MD&A”) for the second quarter of […]

Eastplats’ South African Subsidiary Receives a Summons

2023-07-07 05:48:44 Vancouver, British Columbia–(Newsfile Corp. – July 7, 2023) – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) (“Eastplats” or the “Company“) announces that its South African subsidiary, Barplats Mines Proprietary Limited (“Barplats“) received a combined summons (the “Summons“) from ABT Toda Proprietary Limited (“ABT Toda“) which is related to the matter in respect of […]

Ivanhoe Electric Subsidiary Cordoba Minerals Announces Closing of Milestone Agreement with JCHX for Joint Development of the Alacran Copper Project in Colombia

2023-05-08 13:32:04 JCHX Acquires 50% of Cordoba’s Alacran Project for US$100 Million Cordoba to Repay US$17.3 Million in Short-Term Loans to Ivanhoe Electric PHOENIX, AZ / ACCESSWIRE / May 8, 2023 / Ivanhoe Electric (NYSE American:IE)(TSX:IE) Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin are pleased to announce that Ivanhoe Electric’s […]

FPX Nickel Subsidiary CO2 Lock Secures B.C. Site and Completes Kinetic Testing for Standalone Carbon Capture and Storage Project

2023-04-24 04:01:40 VANCOUVER, BC, April 24, 2023 /CNW/ – FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (“FPX” or the “Company“) is pleased to provide an update on the activities of CO2 Lock Corp. (“CO2 Lock“), its majority-owned subsidiary focused on establishing standalone operations for the permanent storage of carbon dioxide in brucite-rich serpentinized peridotite (“BRSP“) […]

Comstock Metals Recycling Subsidiary Sells Facility for $27 Million

2023-03-07 04:00:57 VIRGINIA CITY, Nev., March 07, 2023 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced agreements by LINICO Corporation, Comstock’s 88% owned subsidiary (“LiNiCo”), to sell LiNiCo’s facility at 2500 Peru Drive, McCarran, Nevada, for a gross price of $27 million. The facility was being leased pursuant to an […]

Muzhu Mining Subsidiary to Create Joint Venture Silver Company

2023-01-24 06:46:04 Vancouver, BC – TheNewswire – January 24, 2023 – Muzhu Mining Ltd. (CSE:MUZU) (“Muzhu” or the “Company”) is pleased to announce a strategic alliance with Luoning County Muzhu Mountain Lead and Silver Mine Company Ltd., within the Luoning County, Henan Province of China who’s property is contiguous to the North of Muzhu Mining’s […]

Mawson’s Subsidiary SXG Reports More High Grade Drilling Including 3.4 meters at 24.8 g/t AuEq at Sunday Creek, Victoria, Australia

2023-01-23 04:33:09 VANCOUVER, BC / ACCESSWIRE / January 23, 2023 / Mawson Gold Limited (“Mawson” or the “Company”) (TSX:MAW) (Frankfurt:MXR) (OTC PINK:MWSNF) announces further high-grade gold mineralization from a step out from the most easterly extensions of Apollo at the Sunday Creek Project in Victoria (Figure 1). Sunday Creek is 100% owned by Southern Cross Gold […]

Battery Mineral Resources Announces Equipment Refinancing by Ozzie’s, Inc. (100%-Owned Subsidiary), Generating Proceeds of US$2 Million

2022-12-29 06:39:37 Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company”) is pleased to announce that it has closed an equipment refinancing transaction through its 100%-owned subsidiary, Ozzie’s, Inc., (“Ozzie’s”) which operates in the equipment rental and sales sector, servicing pipeline and renewable energy companies (the “Transaction”). The Transaction […]

Alphamin Resources Announces Changes To Board And At Its Operating Subsidiary

2022-12-14 07:02:09 GRAND BAIE, MAURITIUS, Dec. 14, 2022 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”) announced today changes to its board of directors and to the board of the Company’s major operating subsidiary, Alphamin Bisie Mining (ABM). Mr. Jan Trouw (69), the on-mine Managing Director of the Company’s 84% […]

Ivanhoe Electric Subsidiary Cordoba Minerals Signs Milestone Agreements with JCHX to Jointly Develop the Alacran Project in Colombia

2022-12-08 06:05:04 JCHX to Acquire 50% of Cordoba’s Alacran Project Stake for Total Cash Consideration of $100 million PHOENIX, AZ / ACCESSWIRE / December 8, 2022 / IvanhoeElectric (NYSE American:IE) (TSX:IE) Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that Ivanhoe Electric’s subsidiary, Cordoba Minerals Corp. (TSXV: […]

Laramide Resources’ Australian Subsidiary Signs Indigenous Land Use Agreement to Advance Westmoreland Uranium Project

2022-11-29 05:42:07 TORONTO, Nov. 29, 2022 /CNW/ – Laramide Resources Ltd. (“Laramide” or the “Company”) is pleased to announce that its wholly owned subsidiary, Tackle Resources Pty Ltd (“Tackle”), has entered into an Indigenous land use agreement (“ILUA”) and Ancillary Agreement with the Gangalidda & Garawa Native Title Aboriginal Corporation (“GGNTAC”) for the Westmoreland Uranium […]

RECHARGE RESOURCES INCORPORATES 100% OWNED ARGENTINA BASED “MINING COMPANY” SUBSIDIARY “RECHARGE ARGENTINA SA” FOR POCITOS MINING PERMITS, TAXES AND TENURE

2022-11-22 01:09:03 Vancouver, BC, Nov. 22, 2022 (GLOBE NEWSWIRE) — Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL50: Frankfurt) is pleased to announce the Company is in process of registering as a Mining Company in Argentina operating under the name “Recharge Resources Argentina SA”, a 100% owned subsidiary of Recharge and […]

Mawson’s Subsidiary SXG Drills 305.8 m @ 2.4 AuEq (1.6 g/t Au, 0.5% Sb) at Sunday Creek, Victoria, Australia

2022-11-21 06:08:03 VANCOUVER, BC / ACCESSWIRE / November 21, 2022 / Mawson Gold Limited (“Mawson” or the “Company”) (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS:MWSNF) announces a gold-antinomy diamond drill intersection grading 305.8 m @ 2.4 g/t AuEq (1.6 g/t Au, 0.5% Sb) from 319.2 m from holeSDDSC0050 reported by its majority-owned Australian subsidiary, Southern Cross Gold Ltd (“SXG”). […]

Trevali Mining Provides Update on Judicial Liquidation of 90%-Owned Burkina Faso Subsidiary; No Filing of Financial Statements or Related Management Disclosure and Analysis Going Forward

2022-11-14 15:10:06 VANCOUVER, BC, Nov. 14, 2022 /CNW/ – Trevali Mining Corporation (“Trevali” or the “Company”) announced today that, further to the October 6, 2022 press release of the Company, the Judicial Tribunal of Commerce in Burkina Faso has granted an order providing for the liquidation of the Company’s 90%-owned subsidiary Nantou Mining Burkina Faso […]

FPX Nickel Subsidiary Company CO2 Lock Announces Appointment of Chief Technical Officer and Acceptance Into Prestigious Climate Technology Accelerator Program

2022-11-08 05:42:38 VANCOUVER, BC, Nov. 8, 2022 /CNW/ – FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (“FPX” or the “Company“) is pleased to announce the appointment of Dr. Nader Mosavat as the Chief Technical Officer of its carbon capture and storage (“CCS“) subsidiary company, CO2 Lock Corp (“CO2 Lock“).  The Company is further pleased to report […]

Battery Mineral Resources Announces Sale of Leduc, Alberta Real Estate Property by Wholly Owned Subsidiary ESI Energy Services

2022-11-07 06:23:50 Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company”) is pleased to announce that it has closed a sale transaction on an industrial real estate property located at 7506 43rd Street Leduc, Alberta (the “Property”), previously held by BMR’s 100%-owned ESI Energy Services, Inc., which operates in the […]

Muzhu Mining Creates China Subsidiary

2022-11-02 05:20:24 November 2nd, 2022 –  TheNewswire – Vancouver, BC – Muzhu Mining Ltd. (CSE:MUZU) (“Muzhu” or the “Company”) is pleased to announce that Muzhu has created a 100 percent owned subsidiary Company, named “Luoyang Sow International Mining Company Ltd.” as part of its operations in China. At present, the sole Director and CEO […]

Goldstorm Metals, Subsidiary of Tudor Gold, Announces Closing of Non-Brokered Private Placement

2022-10-28 17:23:39 Vancouver, British Columbia–(Newsfile Corp. – October 28, 2022) – Tudor Gold Corp. (TSXV: TUD) (“Tudor Gold“) is pleased to announce that Goldstorm Metals Corp. (“Goldstorm” or the “Company“) has closed a non-brokered private placement (the “Private Placement“), raising gross proceeds of $3,900,000.12 through the issuance of: (a) 10,800,812 non-flow-through units of the Company […]

Trevali Mining Announces Application for Judicial Liquidation of 90%-Owned Burkina Faso Subsidiary; Extension of CCAA Stay of Proceedings

2022-10-06 13:17:49 VANCOUVER, BC, Oct. 6, 2022 /CNW/ – Trevali Mining Corporation (“Trevali” or the “Company”) announced that its 90%-owned subsidiary Nantou Mining Burkina Faso S.A. (“Nantou Mining”) has filed an application for liquidation with the Judicial Tribunal of Commerce in Burkina Faso. Under applicable Burkinabe law, a liquidator is expected to be appointed by […]

The Metals Company Subsidiary NORI Commences Monitoring of the Environmental Impacts of Pilot Nodule Collection System Trials in the Clarion-Clipperton Zone

2022-10-05 05:14:06 Following 16 offshore campaigns by NORI to define the nodule resource and establish an environmental baseline in exploration area NORI-D in the Clarion Clipperton Zone (CCZ), NORI’s environmental program enters a new phase— monitoring the environmental impacts of an integrated collector system test consisting of a pilot collector on the seafloor, the […]

Angkor Resources’ Energy Subsidiary Granted Onshore Exploration And Production License For Cambodia’s Oil & Gas

2022-10-04 05:47:28 GRANDE PRAIRIE, AB – TheNewswire – October 4, 2022 – Angkor Resources Corp. (TSXV:ANK) and (OTC:ANKOF) (“Angkor” or “the Company”) announces its energy subsidiary, EnerCam Resources Corp. (Cambodia) Co. Ltd. (EnerCam) has received final licensing for exploration, development, and production on Block VIII onshore Cambodia. Mike Weeks, President of EnerCam, comments, “We […]

Mawson’s Subsidiary SXG Drills 21.5 m @ 15.0 g/t AuEq in 350 Metre Step Out at Sunday Creek, Victoria, Australia

2022-10-04 03:20:02 VANCOUVER, BC / ACCESSWIRE / October 4, 2022 / Mawson Gold Limited (“Mawson” or the “Company”) (TSX:MAW) (Frankfurt:MXR) reports that its majority-owned Australian subsidiary, Southern Cross Gold Ltd (“SXG”), has reported further results from four drill holes at its 100% owned Sunday Creek property, Victoria, Australia. Mawson owns 60% of SXG following its recent initial public […]

Canada Silver Cobalt to Distribute Shares and Warrants of Its Subsidiary Coniagas Battery Metals to Shareholders

2022-10-04 01:34:08 Coquitlam, British Columbia–(Newsfile Corp. – October 4, 2022) – Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the “Company” or “Canada Silver Cobalt”) announces that it intends to distribute an aggregate of approximately 11.75 million shares of its subsidiary Coniagas Battery Metals Inc. (“Coniagas”) to the shareholders of Canada Silver […]

Falcon’s Shareholder’s Approve Plan of Arrangement (Spin-Out) Of Subsidiary Latamark Resources

2022-09-27 00:08:50 VANCOUVER, BC / ACCESSWIRE / September 27, 2022 / Falcon Gold Corp. (TSX-V:FG)(FRA:3FA)(OTCQB:FGLDF); (“Falcon” or the “Company“). Further to the Company’s news release of August 10th, 2022, the Company provides the following update on its previously announced plan of arrangement (the “Spin-Out“). At the Company’s special shareholders meeting held on September 8, 2022, […]

Kiplin Metals Establishes Saskatchewan Subsidiary for Continued Development of Cluff Lake Road Athabasca, Saskatchewan, Canada

2022-09-07 03:28:07 September 6th, 2022 – TheNewswire – Kiplin Metals Inc. (TSXV:KIP) (OTC:ALDVF) (the “Company” or “Kiplin”) announces that the Company has established a wholly owned Saskatchewan subsidiary, Kiplin Metals Inc. Saskatchewan.  Going forward, the subsidiary will hold all of the Company’s permits, and operating assets for the development of its Cluff Lake Road […]

Mawson’s Subsidiary SXG Drills 42.0 m @ 4.8 g/t AuEq at Sunday Creek, Victoria, Australia

2022-08-09 11:09:05 VANCOUVER, BC / ACCESSWIRE / August 9, 2022 / Mawson Gold Limited (“Mawson” or the “Company”) (TSX:MAW) (Frankfurt:MXR) (OTC PINK:MWSNF) reports that its majority-owned Australian subsidiary, Southern Cross Gold Ltd (“SXG”), has reported further results from its 100% owned Sunday Creek property, Victoria, Australia. Mawson owns 60% of SXG following its recent initial public […]

Ivanhoe Electric Subsidiary Cordoba Minerals Reports Intersecting Multiple High-Grade Gold-Copper Veins within the Alacran Deposit at Its San Matias Copper-Gold-Silver Project in Colombia

2022-08-08 04:45:02 NEW YORK, NY / ACCESSWIRE / August 8, 2022 / Ivanhoe Electric (NYSE American:IE) (TSX:IE) Chairman and Chief Executive Officer Robert Friedland and President Eric Finlayson are pleased to announce that Ivanhoe Electric’s subsidiary, Cordoba Minerals Corp. (TSXV:CDB) (OTCQB:CDBMF), has reported initial diamond drilling results from its ongoing drilling program at the San […]

Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q2 2022 Financial Results

2022-08-02 03:56:07 TORONTO / Aug 02, 2022 / Business Wire / Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) announces the filing at the BVL by its subsidiary, Sociedad Minera Corona S.A. (“Corona”) of its unaudited Financial Statements and the Management’s Discussion […]

Silver Elephant’s Mega Coal Subsidiary Prepares for Mongolia Coal Production in Q4 2022

2022-06-22 06:23:20 VANCOUVER, BC / ACCESSWIRE / June 22, 2022 / Silver Elephant Mining Corp. (“Silver Elephant” or the “Company”) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces that its wholly-owned subsidiary, Mega Thermal Coal Corp. (“Mega Coal”), is preparing to commence Mongolia coal production at its Ulaan Ovoo project in Q4 2022. Mega Coal is commissioning Ulaan Ovoo […]

Battery Mineral Resources Corp. Raises C$4.0 Million Through Sale-Leaseback Transaction of Industrial Property Held by Subsidiary

2022-06-13 04:31:38 Vancouver, British Columbia–(Newsfile Corp. – June 13, 2022) – Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company“) is pleased to announce that it has closed a non-dilutive sale-leaseback transaction on an industrial property located at 7102 West Sherman Street, Phoenix, Arizona (the “Property“), previously held by Ozzie’s, […]

Mawson’s Subsidiary Southern Cross Gold Drills 119.2 metres @ 3.9 g/t AuEq at Sunday Creek, Victoria, Australia

2022-05-30 03:06:05 VANCOUVER, BC / ACCESSWIRE / May 30, 2022 / Mawson Gold Limited (“Mawson” or the “Company”) (TSX:MAW) (Frankfurt:MXR) (OTC PINK:MWSNF) reports that its majority-owned Australian subsidiary,Southern Cross Gold Ltd (“SXG”), has reported an outstanding drill result from its 100% owned Sunday Creek property, Victoria, Australia. Mawson owns 60.3% of SXG following its recent initial public […]

Global Hydrogen Expert Appointed Chairman of Advisory Board for Progressus Clean Technologies, a 49% Subsidiary of PowerTap Hydrogen

2022-04-11 21:13:13 Formation of advisory board will accelerate technology development and commercialization for Progressus technology products Pinakin Patel, world renowned hydrogen expert, named as chairman of advisory board for Progressus Clean Technologies Mr. Patel’s appointment will ensure Progressus technology meets development and commercial milestones through deep technology and supply chain expertise Mr. Patel brings more […]

Angkor Resources’ Subsidiary, Enercam, Undertakes Emission Carbon Capture Project

2022-01-13 12:18:10 Grande Prairie, Alberta–(Newsfile Corp. – January 13, 2022) – Angkor Resources Corp. (TSXV: ANK) (OTCQB: ANKOF) (“Angkor” or “the Company”) reports it has signed agreements with a private energy-production company to fund facilities that incorporate reduced greenhouse gas emissions and implement a carbon/gas capture project in Evesham, Saskatchewan. The Evesham Carbon Capture Energy […]