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Batero Gold Provides Update on Unsecured Related Party Loan
Newsfile· 2025-10-31 19:52
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2025) - Batero Gold Corp. (TSXV: BAT) (FSE: 68B) (OTC Pink: BELDF) (the "Company" or "Batero") wishes to announce an unsecured loan agreement entered into between Antioquia Gold Ltd. ("Antioquia") and Minera Quinchia S.A.S ("Minera"), a wholly-owned subsidiary of Batero, on October 1, 2022 (the "Original Loan Agreement") as well as an amendment to the Loan Agreement entered into on January 29, 2024 (the "Amended Loan Agreement"). Minera is a wholly ...
Ucore Receives Conditional Approval from the Government of Canada for up to $36.3M for Canadian Rare Earth Processing
Newsfile· 2025-10-31 19:44
Core Insights - Ucore Rare Metals Inc. has received conditional approval for up to $36.3 million from the Government of Canada for its "Pathway to Samarium and Gadolinium Security" Project, aimed at establishing a commercial processing facility in Kingston, Ontario [1][4][7] - The funding includes a non-repayable contribution of up to $26.3 million from Natural Resources Canada (NRCan) and up to $10 million from FedDev Ontario, addressing critical supply chain gaps in North America [1][4][7] - Samarium and gadolinium are essential rare earth elements for advanced technologies, including defense systems and medical applications, and have recently been added to China's Export Control List [2][4] Government Support and Strategic Importance - The Canadian government emphasizes the importance of developing critical minerals to enhance national security and economic resilience, aligning with international commitments [3][5] - Ucore's project is seen as a strategic asset that will contribute to the development of secure supply chains for critical minerals, which are vital for clean energy and advanced manufacturing [5][6] - The establishment of the processing facility is a direct response to identified supply chain vulnerabilities, ensuring a reliable domestic source for essential materials [7] Technological and Operational Aspects - The facility will utilize Ucore's advanced RapidSX™ separation technology, marking the first dedicated production site for samarium and gadolinium oxides in North America [4][8] - The project complements Ucore's existing plans in Louisiana, focusing on heavy rare earth oxides, which are also critical for various applications [3][4] - The funding is contingent upon meeting program conditions and successfully negotiating a Contribution Agreement [7]
Eric Sprott Announces Changes to His Holdings in Sokoman Minerals Corp.
Newsfile· 2025-10-31 18:43
Eric Sprott Announces Changes to His Holdings in Sokoman Minerals Corp.October 31, 2025 2:43 PM EDT | Source: Eric SprottToronto, Ontario--(Newsfile Corp. - October 31, 2025) - Eric Sprott announces that on October 31, 2025, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 53,000,000 common shares of Sokoman Minerals Corp. (Shares) through a private placement, at $0.19 per Share for total consideration of $10,070,000. Prior to the acquisition, Mr. Sprott beneficially own ...
Phio Pharmaceuticals Announces Appointment of Mr. David H. Deming to the Position of Lead Independent Director
Newsfile· 2025-10-31 14:15
Phio Pharmaceuticals Announces Appointment of Mr. David H. Deming to the Position of Lead Independent DirectorOctober 31, 2025 10:15 AM EDT | Source: Phio Pharmaceuticals Corp.King of Prussia, Pennsylvania--(Newsfile Corp. - October 31, 2025) - Phio Pharmaceuticals Corp. (NASDAQ: PHIO) is a clinical-stage siRNA biopharmaceutical company developing therapeutics using its proprietary INTASYL® gene silencing technology to eliminate cancer. Phio is pleased to announce that David Deming has been ap ...
Sokoman Minerals Closes $26 Million "Bought Deal" Private Placement, including Full Exercise of Over-Allotment
Newsfile· 2025-10-31 13:46
St. John's, Newfoundland and Labrador--(Newsfile Corp. - October 31, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to announce that it has closed its previously announced bought deal private placement offering (the "Offering") for aggregate gross proceeds to the Company of $26,221,750. The Offering consisted of: 53,000,000 common shares of the Company (the "Common Shares") at a price of $0.19 per Common Share for aggregate gross proceeds of $10,070,000; a ...
Worksport ($WKSP) Places Opening Purchase Order for COR Battery Systems; Prepares for Launch
Newsfile· 2025-10-31 13:01
Worksport ($WKSP) Places Opening Purchase Order for COR Battery Systems; Prepares for LaunchInitial PO Marks Major Milestone as Worksport Executes on Multiple New Business FrontsOctober 31, 2025 9:01 AM EDT | Source: Worksport Ltd.West Seneca, New York--(Newsfile Corp. - October 31, 2025) - Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, today ...
New Zealand Energy Corp. Announces Management Changes
Newsfile· 2025-10-31 13:00
New Plymouth, New Zealand--(Newsfile Corp. - October 31, 2025) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") is pleased to announce the appointment of Barry MacNeil as Chief Financial Officer and Giuseppe (Pino) Perone as Corporate Secretary and General Counsel of the Company, effective October 31, 2025. Mr. MacNeil and Mr. Perone succeed Ketan Chhima, who has voluntarily stepped down from his roles as Chief Financial Officer and Corporate Secretary effective the same date. The Company ex ...
TAG Oil Awarded Petroleum Services Agreement for Development of Abu Roash "F" Reservoir in Southeast Ras Qattara Concession
Newsfile· 2025-10-31 13:00
TAG Oil Awarded Petroleum Services Agreement for Development of Abu Roash "F" Reservoir in Southeast Ras Qattara ConcessionOctober 31, 2025 9:00 AM EDT | Source: Tag Oil Ltd.Vancouver, British Columbia--(Newsfile Corp. - October 31, 2025) - TAG Oil Ltd. (TSXV: TAO) (OTCQB: TAOIF) (FSE: T0P) ("TAG Oil" or the "Company") is pleased to announce that it has received approval to enter into a petroleum services agreement (the "PSA") by the Egyptian National Petroleum for Exploration and Development ...
Lavras Gold Corp. Announces Leadership Transition Hemdat Sawh Appointed Interim President & CEO - Search Underway to Identify Successor President & CEO
Newsfile· 2025-10-31 12:59
Core Viewpoint - Lavras Gold Corp. has announced a leadership transition with Hemdat Sawh appointed as Interim President and CEO following the departure of Michael Durose, who held the position since April 2022 [2][3]. Management Transition - Hemdat Sawh, currently serving as Chief Financial Officer (CFO), will retain his CFO role while taking on the responsibilities of Interim President and CEO [3]. - The Board's Nominating and Governance Committee is in the process of identifying a permanent President and CEO [3]. Interim Management Team - The interim management team includes Jonathan Hill as Interim Vice President of Exploration and Mike Mutchler as Interim Chief Operating Officer [4]. - Jonathan Hill brings over 35 years of experience in exploration and mining operations, while Mike Mutchler has a strong background in the mining industry, having served as President and CEO of Amarillo Gold [4]. Project Development Focus - The restructured management team aims to transition the LDS Project from advanced exploration to development stage [4]. - Efforts will include environmental studies, permitting, and in-fill drilling to create an updated technical report and resource estimate, forming the basis for a Preliminary Economic Assessment (PEA) [4]. Company Background - Lavras Gold Corp. is focused on its LDS Project located in a gold-rich district in southern Brazil, covering over 23,000 hectares with more than 24 identified gold prospects [6][7].
PharmaDrug Announces Debt Restructuring
Newsfile· 2025-10-31 12:58
Toronto, Ontario--(Newsfile Corp. - October 31, 2025) - PharmaDrug Inc. (CSE: PHRX) (OTC Pink: LMLLF) ("PharmaDrug" or the "Company"), a specialty pharmaceutical company focused on the research, development and commercialization of natural medicines is pleased to announce that it has agreed to issue $445,686 principal amount of secured convertible debentures to two current holders of the Company's secured convertible debentures that were past their maturity date.Each Debenture will mature on October 13, 20 ...