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PreveCeutical Provides Update on Plan of Arrangement with BioGene Therapeutics Inc.
Newsfile· 2025-11-20 12:00
PreveCeutical Provides Update on Plan of Arrangement with BioGene Therapeutics Inc.November 20, 2025 7:00 AM EST | Source: PreveCeutical Medical Inc.NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia--(Newsfile Corp. - November 20, 2025) - PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) (the "Company" or "PreveCeutical"), announces that, further to its News Releases of September 4, 2025, September 19, 20 ...
Abitibi Metals Intersects 17.91% CuEq (13.48% Cu, 5.15g/t Au) over 6.3m Within 6.93% CuEq over 19.5m in Western Zone Expansion
Newsfile· 2025-11-20 12:00
Core Insights - Abitibi Metals Corp. has reported a significant high-grade copper-gold intercept from its Phase 3 drill program at the B26 Polymetallic Deposit in Québec, confirming exceptional grade continuity and potential for substantial resource growth [3][4][12] Group 1: Drill Results - Hole 1274-17-269W5 returned 17.91% CuEq (13.48% Cu, 5.15 g/t Au) over 6.3 metres, within 6.93% CuEq over 19.5 metres, confirming a world-class grade continuity across an untested 80-metre gap [4][10] - The intercept equates to 23.83% CuEq over 6.3 metres using spot pricing, significantly enhancing the block model [4][8] - The results from hole 1274-25-373W2 extended mineralization 150 metres down plunge, further validating the continuity of mineralization at depth [4][12] Group 2: CEO and Exploration Insights - CEO Jonathon Deluce expressed confidence that a more massive, higher-grade source exists for the copper-gold stringer zone, indicating plans to target a 15 to 30-metre, 10%+ CuEq zone at depth [4][8] - Vice President of Exploration, Louis Gariépy, highlighted that the grades encountered are exceptional, with the interval valued at approximately C$3,500 per tonne, nearly ten times higher than nearby historic intercepts [8][16] Group 3: Future Plans and Resource Growth - The Phase 3 drilling program is fully funded, with 19,182 metres completed out of a planned 20,000 metres, and a Phase 4 program is scheduled for 2026 to support continued resource growth at B26 [8][9] - The current resource model includes 11.3 million tonnes at 2.13% CuEq (Indicated) and 7.2 million tonnes at 2.21% CuEq (Inferred), with expectations for positive contributions to resource expansion from recent results [9][29] Group 4: Project Overview - The B26 project is strategically located near the former Selbaie mine, providing access to necessary infrastructure for mine development [25][26] - Abitibi Metals Corp. focuses on acquiring and exploring high-quality base and precious metal assets in Québec, with the B26 project being a key asset in its portfolio [25][26]
American Pacific Stakes Essential Open Ground within the Greater Madison Claim Block
Newsfile· 2025-11-20 12:00
Core Viewpoint - American Pacific Mining Corp. has successfully amended and staked nine new claims at its Madison Copper-Gold Project, enhancing its land control rights adjacent to historic mines and positioning the company for potential mineral discoveries [1][2][3]. Group 1: Claims and Strategic Importance - The newly staked claims cover approximately 100 acres and are strategically located near the Green Campbell gold-silver mine and Hudson and Broadway gold mines, which are significant for their historical production [2][3]. - The claims are situated along the Hudson Fault, a key geological structure known for gold and copper mineralization, providing American Pacific with a valuable opportunity for exploration [2][3]. Group 2: Historical Context and Production Potential - The Madison Project previously produced 2.7 million pounds of copper at high grades (20-35% copper) until production ceased in 2012 [7]. - Recent drilling results from the Madison Project have shown promising intersections, including 30.18 meters of 24.50 g/t gold and 0.39% copper, indicating the area's potential for high-grade mineralization [7]. - The nearby Broadway/Hudson Mines have reported total production of approximately 147,000 ounces of gold at an average grade of 9.9 g/t, further supporting the mineralization potential in the region [7]. Group 3: Company Overview - American Pacific Mining Corp. is focused on precious and base metals exploration and development in the Western United States, with the Madison Project being its flagship asset [8]. - The company has been recognized as a finalist for 'Deal of the Year' at the S&P Global Platts Metals Awards in both 2021 and 2022, highlighting its achievements in the mining sector [8].
Cabral Gold Drills 7m @ 5.1 g/t Gold at the Machichie NE Target and Extends High-Grade Zone Down-Dip, Cuiú Cuiú Gold District, Brazil
Newsfile· 2025-11-20 11:30
Core Insights - Cabral Gold Inc. has reported significant drill results from the Machichie NE target, indicating the continuation of a high-grade mineralized zone at depth and along strike [1][3][6] Drill Results - Recent diamond drill hole DDH351 intersected 7 meters at 5.1 grams per tonne (g/t) gold from a depth of 135.7 meters, including higher-grade intervals of 0.9 meters at 19.5 g/t and 0.7 meters at 6.2 g/t [6][8][20] - The mineralized zone at Machichie NE has been confirmed to extend 250 meters along strike and remains open at depth and along strike [3][6][13] - Previous drilling results at the Machichie NE target included notable intersections such as 11 meters at 33.0 g/t gold and 12 meters at 27.7 g/t gold [3][12] Exploration Plans - The company plans additional drilling to further define the high-grade mineralized structure at Machichie NE [3][8] - Drilling is currently ongoing at the Moreira Gomes gold deposit and Jerimum Cima targets, with results pending for other targets including Mutum and Machichie Main [6][21] Company Overview - Cabral Gold Inc. is focused on the exploration and development of gold properties in Brazil, particularly in the Cuiú Cuiú gold district, which contains significant indicated and inferred resources [22][23] - The Cuiú Cuiú project has defined resources of 12.29 million tonnes at 1.14 g/t gold and 13.56 million tonnes at 0.50 g/t gold in oxide material [22]
Hannan Announces Closing of First Tranche of Non-Brokered LIFE Offering
Newsfile· 2025-11-20 11:30
Core Viewpoint - Hannan Metals Limited has successfully closed the first tranche of its non-brokered private placement offering, raising gross proceeds of C$7,034,810 through the issuance of 9,379,747 common shares at a price of $0.75 per share, with plans to raise up to C$10,500,000 in total [1][2]. Group 1 - The net proceeds from the offering will be utilized for exploration expenditures at the company's projects in Peru, including advancing the drill program at the Belen gold-copper project and geological and drill permitting work at the Previsto gold-copper project [2]. - The offering is subject to necessary regulatory approvals, including final approval from the TSX Venture Exchange, and the company has paid C$338,882.53 in cash finder's fees to arm's length finders [3]. - The offering is conducted under the Listed Issuer Financing Exemption, and the securities issued will not be subject to a hold period under applicable Canadian securities laws [4]. Group 2 - Hannan Metals Limited is focused on identifying and delineating large gold and copper mineralizing systems in Peru, with a successful track record in discovering and advancing mineral projects across various regions [6].
Vext Reports Q3 2025 Financial Results; Revenue Up 41% Year-over-Year and Operating Cash Flow Year-To-Date Reaches $8.5 Million
Newsfile· 2025-11-20 11:30
Core Insights - Vext Science, Inc. reported a revenue of $12.7 million for Q3 2025, representing a 41% increase year-over-year, driven by expanded retail operations in Ohio and resilient performance in Arizona [4][5] - Year-to-date operating cash flow reached $8.5 million, a significant improvement compared to $(0.7) million in the same period last year [5] - The company is on track to expand its retail footprint in Ohio, aiming to reach the state dispensary license cap of eight by 2026 [5][18] Financial Performance - Q3 2025 revenue was $12,670,000, compared to $13,407,000 in Q2 2025 and $8,987,000 in Q3 2024 [3] - EBITDA for Q3 2025 was $2,315,000, down from $5,263,000 in Q2 2025 but up from $1,925,000 in Q3 2024 [3][10] - Adjusted EBITDA for Q3 2025 was $2,112,000, with an adjusted EBITDA margin of 16.7%, compared to 30% in Q2 2025 and 32% in Q3 2024 [3][10] Operational Highlights - The company has strengthened its retail presence in Ohio, consolidating operations to five locations and planning for three additional dispensaries [5][18] - Vext's operational discipline has allowed it to outperform state averages in Arizona, maintaining steady performance despite broader market declines [4] - The company expects continued operational momentum and improved cash flow in Q4 2025 as it addresses inventory built in Q3 [4]
Queen's Road Capital Announces Continuation of the NCIB
Newsfile· 2025-11-20 11:30
Core Points - Queen's Road Capital Investment Ltd. has received approval from its Board of Directors to continue its normal course issuer bid (NCIB) for an additional 12 months, known as the 2025 NCIB [1] - The company plans to repurchase up to 1,760,000 common shares, which is approximately 3.45% of its total issued and outstanding shares as of November 13, 2025 [2] - The repurchased shares will be cancelled and returned to treasury, with purchases made through the Toronto Stock Exchange (TSX) and alternative trading systems in Canada [2] Summary by Sections NCIB Details - The 2025 NCIB will commence on November 24, 2025, and will end on November 23, 2026, unless the maximum number of shares is purchased earlier or the NCIB is terminated [3] - The company will determine the timing, amount, and price of purchases based on market conditions, adhering to TSX and regulatory requirements [3] Purchase Limitations - Under TSX rules, a maximum of 3,089 common shares can be purchased on any single trading day, which is 25% of the average daily trading volume over the past six months [4] Previous NCIB Performance - The 2025 NCIB follows the 2024 NCIB, under which the company purchased 257,756 common shares for approximately C$1.8 million at an average price of C$7.05 per share [5] - The 2024 NCIB authorized the purchase of 1,760,000 common shares, with adjustments made for share consolidation effective January 15, 2025 [5] Company Overview - Queen's Road Capital Investment Ltd. is a dividend-paying investment company focused on the global resource sector, investing in both privately held and publicly traded companies [6] - The company aims for long-term capital appreciation, particularly in convertible debt securities and resource projects in politically stable regions [6]
Coelacanth Announces Q3 2025 Financial and Operating Results
Newsfile· 2025-11-20 11:00
Core Insights - Coelacanth Energy Inc. reported significant financial and operational improvements for the three and nine months ended September 30, 2025, with notable increases in oil and natural gas sales and production levels [2][4][29] Financial Results - Oil and natural gas sales increased by 381% to CAD 11.4 million in Q3 2025 from CAD 2.4 million in Q3 2024 [2][4] - Cash flow from operating activities improved to CAD 4.7 million in Q3 2025 from a negative CAD 3.7 million in Q3 2024 [2][12] - Net loss decreased by 28% to CAD 1.8 million in Q3 2025 from CAD 2.5 million in Q3 2024 [2][4] - Capital expenditures for Q3 2025 were CAD 6.1 million, a 61% decrease from CAD 15.8 million in Q3 2024 [2][16] - Adjusted working capital deficiency was CAD 46.6 million as of September 30, 2025, compared to CAD 18.6 million at the end of 2024 [2][18] Operating Results - Daily oil and condensate production rose to 1,372 bbls/d in Q3 2025, a 521% increase from 221 bbls/d in Q3 2024 [3][5] - Total oil equivalent production increased by 296% to 3,280 boe/d in Q3 2025 from 829 boe/d in Q3 2024 [4][5] - Natural gas production also saw a significant increase, reaching 10,896 mcf/d in Q3 2025, up 216% from 3,450 mcf/d in Q3 2024 [5][25] Future Developments - The company is actively drilling three additional development wells at the 5-19 pad and plans to bring these wells into production by early February 2026 [8][9] - Future development will focus on continued drilling in the vicinity of the 5-19 pad and expanding the resource delineation both aerially and vertically [9]
Metalsource Mining Commences Geophysical Survey Program at North Carolina Projects
Newsfile· 2025-11-20 09:00
Core Insights - Metalsource Mining has initiated a geophysical survey program at its Silver Hill Mine and Byrd-Pilot project areas in North Carolina, aiming to enhance exploration efforts in this historic mining district [1][5]. Survey Program Details - The company has contracted Durango Geophysical Operations, LLC to conduct a reconnaissance Magnetotelluric (MT) survey, with plans for follow-up Induced Polarization (IP) surveys based on initial findings [2][4]. - The MT survey aims to identify subsurface geological structures and potential mineralization zones, with field operations overseen by John Reynolds and data interpretation by Karen R. Christopherson [4]. Silver Hill Project - The Silver Hill Project spans 1,128 acres in Davidson County and is underlain by Neoproterozoic and Cambrian age rocks, suggested to be an extension of the Avalon Terrane [5]. - Historical data indicates mineralization extends to 550 meters from the surface, with recent surface sampling yielding results of 444 g/t Ag, 17.7 g/t Au, 8.61% Pb, and 0.507% Zn [5]. Byrd-Pilot Mountain Project - The Byrd-Pilot Mountain Project is located in central North Carolina and has shown potential for a porphyry gold-copper system, with previous work indicating broad gold mineralization [6][8]. - Geological modeling suggests an east-west trend to the identified mineralization, with oxidation noted down to a depth of 30 meters [8]. Survey Specifications - The survey will consist of approximately 40 MT stations across both project areas, with a field acquisition program lasting about 20 days, expected to conclude in early December 2025 [7]. - State-of-the-art technology will be employed, including Phoenix Geophysics MT receivers and transmitters, utilizing Remote Reference noise reduction techniques for high-quality data collection [7].
Kingman Announces Drone Magnetometer Survey at Historic Mohave Gold Project & Completion of NI 43-101 Report
Newsfile· 2025-11-20 08:01
Core Insights - Kingman Minerals Ltd. is advancing exploration activities at its Mohave Gold Project in Arizona, despite delays caused by the recent U.S. government shutdown [2][4] - The company is engaging a contractor for a high-resolution drone-based magnetometer survey to gather detailed subsurface information, which is crucial for refining drill targets [3][4] - Kingman has raised gross proceeds of $2,112,953, ensuring full funding for ongoing exploration efforts [4] Exploration Activities - The company is proactively pursuing alternative exploration initiatives during the government shutdown to maintain value generation and geological insight [2] - The upcoming drone survey is expected to commence in the coming weeks, with results anticipated shortly thereafter, which will guide future exploration phases [4][5] Technical Reporting - An updated NI 43-101 compliant technical report on the property has been completed and will be available on SEDAR+ upon approval [5][6] - The technical information has been prepared in accordance with Canadian regulatory requirements and reviewed by a qualified person [6] Company Background - Kingman Minerals Ltd. focuses on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [7] - The Rosebud Mine has a history of high-grade gold and silver production dating back to the 1880s, with significant underground development already completed [7]