Workflow
Newsfile
icon
Search documents
Coelacanth Energy Inc. Announces Increased Bank Credit Facility and Provides Operations Update
Newsfile· 2025-10-30 10:00
Coelacanth Energy Inc. Announces Increased Bank Credit Facility and Provides Operations UpdateOctober 30, 2025 6:00 AM EDT | Source: Coelacanth Energy Inc.Calgary, Alberta--(Newsfile Corp. - October 30, 2025) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to provide the following update:BANK CREDIT FACILITYCoelacanth has signed an agreement to increase its bank credit facility from $52 million to $80 million with closing expected in mid-November. The Company es ...
Abitibi Metals 150m Step-Out Extends B26 Western Copper-Gold Zone With 8.16% CuEq Over 3.2m Within 11.0m at 3.93% CuEq, Highlighting Significant Expansion Potential
Newsfile· 2025-10-30 10:00
Abitibi Metals 150m Step-Out Extends B26 Western Copper-Gold Zone With 8.16% CuEq Over 3.2m Within 11.0m at 3.93% CuEq, Highlighting Significant Expansion PotentialWestern Plunge Remains Open at Depth and Along Strike, Demonstrating Strong ContinuityOctober 30, 2025 6:00 AM EDT | Source: Abitibi Metals Corp.Highlights:Western Plunge Copper-Gold Zone Expands - 150 m Step-OutHole 1274-25-373W1: 3.2m @ 8.16% CuEq (6.26% Cu, 2.21 g/t Au) within 11.0m @ 3.93% CuEq (2.92% Cu, 1.17 g/t Au).Confirms s ...
Silicon Metals Corp. Announces Mobilization at the Production Permitted Maple-Birch Project in the Sudbury Mining District of Ontario, Canada
Newsfile· 2025-10-30 09:00
Core Viewpoint - Silicon Metals Corp. has commenced mobilization at its Maple-Birch Project in the Sudbury mining district of Ontario, Canada, marking a significant operational advancement for the company [1][4]. Project Development - The company has conducted multiple assessment missions to establish ground access for larger equipment and has engaged a contract mining company for assistance [2][10]. - A few hundred kilograms of samples have been collected from the project for advanced metallurgical testing [2][10]. - The technical team and equipment are being set up in the Sudbury area to enhance project logistics, emphasizing the strategic importance of the region rich in critical and industrial minerals [3][10]. Project Characteristics - The Maple-Birch Project is identified as a high purity quartz pegmatite body, believed to share characteristics with the Spruce Pine mine in North Carolina, which is known for producing some of the purest quartz material globally [4][5]. - The project has a production permit for 3,000 tonnes per year [5]. Future Opportunities - The CEO of Silicon Metals Corp. expressed excitement about the mobilization at the Maple-Birch asset, highlighting potential partnerships with processing and refining groups that could lead to future cash flow [4][10].
HEALWELL's Orion Health Signs Memorandum of Understanding with Lean Business Services to Advance AI-Powered Healthcare in Saudi Arabia & Across the Middle East
Newsfile· 2025-10-30 07:15
Core Insights - HEALWELL AI and its subsidiary Orion Health have signed a Memorandum of Understanding (MoU) with Lean Business Services to explore digital health and AI solutions in the Middle East and global markets [2][8] - The collaboration aims to enhance population health outcomes and accelerate the adoption of AI in clinical workflows [5][9] Company Overview - HEALWELL AI is focused on preventative care through healthcare artificial intelligence, aiming to improve healthcare and save lives by early disease detection [12] - Lean Business Services is a leading digital health technology company in Saudi Arabia, supporting national digital transformation initiatives and interoperability in healthcare [3][11] - Orion Health specializes in health information exchange technology and has a strong presence in the Middle East, having deployed significant health information exchanges in the region [9] Collaboration Details - The MoU combines HEALWELL's AI capabilities, Lean's market leadership, and Orion Health's interoperability technology to co-develop and commercialize next-generation healthcare solutions [5][8] - Initial collaboration areas include enhancing population health strategies and integrating AI solutions into Saudi Arabia's National Platform for Health and Insurance Exchange Services (NPHIES) [8][9] Strategic Importance - The partnership aligns with Saudi Arabia's Vision 2030 healthcare objectives, aiming to create a connected, data-powered healthcare system [3][7] - The MoU was signed during the Global Health Exhibition in Riyadh, highlighting the significance of this collaboration in advancing healthcare innovation in the region [6][9]
Manganese X Energy Announces Appointment of Desmond Tranquilla, P.Eng., as New Director
Newsfile· 2025-10-30 04:15
Core Viewpoint - Manganese X Energy Corp. has appointed Desmond Tranquilla to its Board of Directors, which is expected to enhance the company's capabilities in advancing its Battery Hill High-Purity Manganese Project and strengthen its position in the North American EV battery supply chain [1][4][5]. Group 1: Appointment Details - Desmond Tranquilla, a mining executive with over 32 years of experience, has been appointed to the Board of Directors effective October 29, 2025 [1][2]. - Tranquilla has held senior leadership roles in major mining and engineering firms, including Canada Nickel Company Inc. and Detour Gold Corporation [2][3]. - His experience includes managing large-scale capital projects, such as Vale's CAD$1.6 billion Atmospheric Emission Reduction Project and Detour Gold's CAD$1.5 billion Detour Lake Project [3]. Group 2: Project and Strategic Importance - Tranquilla's technical and operational expertise will be crucial as Manganese X progresses towards completing its Pre-Feasibility Study (PFS) for the Battery Hill project [4]. - The company aims to become the first publicly traded manganese mining company in Canada and the US to commercialize EV-compliant high-purity manganese, contributing to the North American supply chain [6]. - Manganese X intends to supply value-added materials to the lithium-ion battery and alternative energy industries while focusing on carbon-friendly methodologies and competitive processing costs [6].
Surface Metals Inc. Launches Strategic North American Public Relations and Financial Marketing Campaign
Newsfile· 2025-10-30 01:30
Surface Metals Inc. Launches Strategic North American Public Relations and Financial Marketing CampaignOctober 29, 2025 9:30 PM EDT | Source: Surface Metals Inc.Vancouver, British Columbia--(Newsfile Corp. - October 29, 2025) - Surface Metals Inc. (CSE: SUR) (OTCQB: SURMF) (the "Company", or "Surface Metals") is pleased to announce that it has retained the services of IDR Marketing, Inc. to provide public relations strategies, brand awareness, financial and digital marketing services to the Co ...
Quantum BioPharma Ltd. Announces Corporate Updates
Newsfile· 2025-10-30 01:00
Core Viewpoint - Quantum BioPharma Ltd. is conducting a non-brokered private placement of up to 30 Class A Multiple Voting Shares at a price of $25 per share, aiming for gross proceeds of up to $750 million, primarily to enhance voting rights and for general working capital purposes [1][2]. Group 1: Offering Details - The private placement is expected to be fully subscribed by entities controlled by Zeeshan Saeed and Anthony Durkacz, existing holders of Class A Multiple Voting Shares [1][3]. - If fully subscribed, the voting rights attached to Class A Multiple Voting Shares will increase to 75.27%, nearly restoring the percentage to that at the time of the company's IPO in 2018 [2]. - The board of directors unanimously approved the Offering, excluding Saeed and Durkacz from discussions due to their interests [2]. Group 2: Related Party Transactions - The Offering involves related-party transactions as it is anticipated that Xorax Family Trust and Fortius Research and Trading Corp. will purchase all Class A Multiple Voting Shares issued [3]. - The transaction is expected to be exempt from formal valuation and minority shareholder approval requirements under MI 61-101, as the fair market value will not exceed 25% of the company's market capitalization [3]. Group 3: Shareholder Structure - Prior to a recent transfer, the Transferor and Joint Actors held approximately 50% of the outstanding Class A Multiple Voting Shares and 24.85% of the voting rights attached to all voting securities [7]. - Following the transfer of 77,000 Class B Subordinate Voting Shares, the ownership structure changed, with the Transferor and Joint Actors now holding approximately 23.77% of the voting rights [8]. Group 4: Company Overview - Quantum BioPharma focuses on developing innovative biopharmaceutical solutions for neurodegenerative and metabolic disorders, with its lead compound, Lucid-MS, aimed at treating multiple sclerosis [12]. - The company retains a 20.10% ownership in Unbuzzd Wellness Inc., which includes a royalty agreement for sales from its product unbuzzd™ [12].
Cartier Silver Announces Closing of Upsized $2 Million Brokered Private Placement Led by Centurion One Capital
Newsfile· 2025-10-30 00:10
Cartier Silver Announces Closing of Upsized $2 Million Brokered Private Placement Led by Centurion One CapitalOctober 29, 2025 8:10 PM EDT | Source: Cartier Silver CorporationToronto, Ontario--(Newsfile Corp. - October 29, 2025) - Cartier Silver Corporation (CSE: CFE) ("Cartier Silver" or the "Company") is pleased to announce that it has closed today its previously announced upsized brokered private placement (see press releases dated October 8, 2025 and October 16, 2025) with Centurion One Ca ...
StrikePoint Gold Announces Non-Brokered Private Placement LIFE Offering of up to $3 Million
Newsfile· 2025-10-29 23:09
Core Points - StrikePoint Gold Inc. has announced a non-brokered private placement under the Listed Issuer Financing Exemption (LIFE Offering) for gross proceeds of up to CAD $3 million [1][6] - The offering will consist of up to 20,000,000 units priced at CAD $0.15 per unit, each unit comprising one common share and one warrant [2][3] - The company intends to use the net proceeds for exploration activities at its two Nevada-based projects, the Hercules Gold Project and the Cuprite Gold Project, as well as for general working capital [6] Offering Details - Each warrant is exercisable into one common share at an exercise price of CAD $0.30 for a period of 24 months from closing [2] - The LIFE Offering is available to purchasers residing in Canada, except Québec, and the securities will not be subject to a hold period under applicable Canadian securities laws [3] - The company may pay finders' fees and issue finders' warrants to eligible persons in connection with the LIFE Offering [5] Insider Participation - The company anticipates that insiders will subscribe for units, which is considered a related party transaction [7] - The participation of insiders will not exceed 25% of the fair market value of the company's market capitalization, allowing the company to rely on exemptions from formal valuation and minority shareholder approval requirements [7] Company Overview - StrikePoint Gold Inc. is focused on building precious metals resources in the Western United States and Canada, holding approximately 145 square kilometers of mineral claims [11] - The management team has extensive experience in exploration, finance, and engineering, with a history of successful transactions in the mining sector [12]
Tuktu Resources Ltd. Announces Appointment of New President & Chief Executive Officer
Newsfile· 2025-10-29 21:51
Tuktu Resources Ltd. Announces Appointment of New President & Chief Executive OfficerOctober 29, 2025 5:51 PM EDT | Source: Tuktu Resources Ltd.Calgary, Alberta--(Newsfile Corp. - October 29, 2025) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company"), a junior oil and gas producer based in Calgary, Alberta, is pleased to announce that after a comprehensive search by the Company's Board of Directors, Jeremy Hodder, P. Tech (Eng), PMP, MBA will assume the role of President and Chief Exe ...