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Altura Energy Announces Closing of Debt Settlement
Newsfile· 2025-06-11 23:45
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Altura Energy Corp. (TSXV: ALTU) (FRA: Y020) (the "Company") is pleased to announce that, further to its news releases dated April 15, 2025 and June 11, 2025, the Company has closed the previously announced settlement of outstanding indebtedness totaling C$526,683 owing to Nancy Burke (the "Debt Settlement"). Pursuant to the Debt Settlement, the Company issued 5,266,830 common shares of the Corporation (the "Common Shares") to Ms. Burke at a d ...
Equinox Gold Provides Updated 2025 Gold Production and Cost Guidance, 2025 Full-year Pro Forma Guidance, Including Calibre Mining Assets, of 785,000 - 915,000 Ounces of Gold, Greenstone Mine Expecting Strong H2 2025
Newsfile· 2025-06-11 21:07
Equinox Gold Provides Updated 2025 Gold Production and Cost Guidance, 2025 Full-year Pro Forma Guidance, Including Calibre Mining Assets, of 785,000 - 915,000 Ounces of Gold, Greenstone Mine Expecting Strong H2 2025June 11, 2025 5:07 PM EDT | Source: Equinox Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is updating its 2025 production and cost guidance to reflect the business combin ...
Bonterra Resources Announces Election Results of its 2025 Annual General Meeting
Newsfile· 2025-06-11 21:00
Core Points - Bonterra Resources Inc. announced the results of its 2025 Annual General Meeting (AGM) held on June 11, 2025, which represents its fiscal year ended 2024 [1][2]. Group 1: Election Results - Shareholders approved all matters voted on at the 2025 AGM, including setting the number of directors at seven and re-electing the current directors [2][3]. - The directors re-elected include Cesar Gonzalez, Marc-André Pelletier, Normand Champigny, Paul Jacobi, Matt Houk, Lesley Antoun, and Peter O'Malley [2]. - Crowe MacKay LLP was appointed as auditors for the upcoming year, with directors authorized to fix their remuneration [2]. Group 2: Voting Details - A total of 77,193,201 common shares were voted at the meeting, representing approximately 46% of the common shares issued and outstanding as of the record date [3]. - Detailed voting results indicate significant support for the election of directors and the appointment of auditors, with the majority of votes cast in favor [4]. Group 3: Company Overview - Bonterra Resources is a Canadian gold exploration company with advanced exploration assets, including the Gladiator, Barry, Moroy, and Bachelor gold deposits, totaling 1.24 million ounces in Measured and Indicated categories and 1.78 million ounces in the Inferred category [5]. - The company entered into a joint venture agreement with Osisko Mining Inc. for the Urban-Barry properties, which include the Gladiator and Barry deposits [6]. - Gold Fields Ltd acquired Osisko Mining for C$2.16 billion in October 2024 and is now the counterparty to the joint venture agreement, aiming to earn a 70% interest by incurring C$30 million in work expenditures until November 2026 [7].
Decade Announces Non-Brokered Private Placement
Newsfile· 2025-06-11 20:31
Core Points - Decade Resources Ltd is conducting a non-brokered private placement of flow-through shares to raise a total of $287,500 [1][2] - The offering consists of 8,214,286 flow-through units priced at $0.035 each, with each unit including one common share and one transferable common share purchase warrant [2] - The warrants are exercisable at $0.05 per share for a period of 24 months [2] Tax Benefits - The Mineral Exploration Tax Credit (METC) offers an additional income tax benefit of 15% on specified mineral exploration expenses for investors in mining flow-through shares [2] - A proposed 30% Critical Mineral Exploration Tax Credit (CMETC) for specified minerals, including copper, nickel, lithium, and others, is aimed at supporting the production of batteries and clean technology [2] Use of Proceeds - Proceeds from the flow-through shares will be allocated to the company's projects in British Columbia [3]
Altura Energy Announces Closing of Brokered Private Placement
Newsfile· 2025-06-11 13:51
Offering Details - Altura Energy Corp. closed a brokered private placement offering of 19,855,000 units at a price of $0.10 per unit, resulting in gross proceeds of $1,985,500 [1][2] - Each unit consists of one common share and one warrant, with warrants exercisable at $0.25 until June 11, 2030 [2] - The offering was conducted by Haywood Securities Inc., which received a cash commission of $138,985 and 1,389,850 compensation options [3] Financial Transactions - The company made a partial repayment of $150,000 to ANB Bank, leaving an outstanding balance of $205,000, to be paid in monthly installments of $10,000 starting September 21, 2025 [4] - The company settled outstanding payables of $231,000 to Jasper Management & Advisory Corp. for $150,000, issuing 1,500,000 common shares at a deemed price of $0.10 per share [6] - A proposed debt settlement with Nancy Burke involves issuing 5,266,830 common shares at a deemed price of $0.10 per share, subject to TSX Venture Exchange approval [9] Related Party Transactions - Mr. Ian Telfer, a director of the company, subscribed for 1,000,000 units for gross proceeds of $100,000, constituting a related party transaction [5] - The payables settlement with JMAC also qualifies as a related party transaction, as it is controlled by a director of the company [7][8] Advisory Services - The company issued 1,500,000 units to Haywood Securities Inc. for strategic advisory services rendered, at a deemed value of $225,000 [10] Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [11]
Sitka Deepens Winter Drill Hole and Intersects 65.0 Metres of 2.00 g/t Gold, Including 6.3 Metres of 5.53 g/t Gold; Mobilizes Fourth Drill Rig to the Rhosgobel Target at Its RC Gold Project, Yukon
Newsfile· 2025-06-11 12:30
Sitka Deepens Winter Drill Hole and Intersects 65.0 Metres of 2.00 g/t Gold, Including 6.3 Metres of 5.53 g/t Gold; Mobilizes Fourth Drill Rig to the Rhosgobel Target at Its RC Gold Project, Yukon June 11, 2025 8:30 AM EDT | Source: Sitka Gold Corp. Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce initial assay results from its 2025 summer drill program currently underway at its 100% owned ...
Fathom Nickel Expands the Gochager Lake Property and Announces Delay of Summer Field Exploration
Newsfile· 2025-06-11 11:45
Fathom Nickel Expands the Gochager Lake Property and Announces Delay of Summer Field ExplorationJune 11, 2025 7:45 AM EDT | Source: Fathom Nickel Inc.HighlightsThree contiguous mineral dispositions totaling 10,519.43 hectares have been added to the Gochager Lake Property.The Gochager Lake Property now consists of 39 contiguous mineral claims amounting to 34,409.34 total hectares.The new staking covers known mafic-hosted nickel-copper occurrences as well as known gold occurrences.The additional ...
Myriad Uranium Reports Final Chemical Assays from Copper Mountain. Grades Up to 60% Higher Than Probe Equivalents, with Positive Implications for Scale and Scope of the Project.
Newsfile· 2025-06-11 11:30
Myriad Uranium Reports Final Chemical Assays from Copper Mountain. Grades Up to 60% Higher Than Probe Equivalents, with Positive Implications for Scale and Scope of the Project. Plan of Operations Application Submitted to Drill High Priority Prospects June 11, 2025 7:30 AM EDT | Source: Myriad Uranium Corp. Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) is pleased to report chemical assay results from the final six boreholes drilled in ...
Nebius and Saturn Cloud Launch First-in-Class AI MLOps Cloud with Support for NVIDIA AI Enterprise
Newsfile· 2025-06-11 11:00
"The combination of Nebius's full-stack AI infrastructure and Saturn Cloud's MLOps platform opens up access to enterprise-grade AI capabilities for organizations of all sizes," said Danila Shtan, CTO of Nebius. "Nebius offers Saturn Cloud customers flexible access to highly performant, built-for-AI cloud at high levels of reliability and cost efficiency." "Together, Nebius and Saturn Cloud enable organizations to become AI-driven," said M. Sebastian Metti, CEO of Saturn Cloud. "Previously limited by GPU eco ...
HEALWELL AI Leverages Orion Health to Power Entry into US Market
Newsfile· 2025-06-11 07:15
Core Viewpoint - HEALWELL AI is strategically expanding into the U.S. healthcare market following its acquisition of Orion Health, aiming to enhance preventative care through AI-driven insights and a robust health data infrastructure [3][4]. Company Overview - HEALWELL AI Inc. is a healthcare artificial intelligence company focused on preventative care, utilizing proprietary technology to improve healthcare outcomes through early disease detection [11]. - The company is publicly traded on the Toronto Stock Exchange under the symbol "AIDX" and on the OTCQX Market under "HWAIF" [11]. Strategic Expansion - The acquisition of Orion Health, which has over two decades of experience in the U.S. healthcare sector, provides HEALWELL with immediate credibility and reach in a complex market [4][6]. - HEALWELL has established dedicated teams in the U.S. and Canada to address the distinct regulatory and market dynamics of each region [5]. Technology and Offerings - HEALWELL plans to introduce a modular, FHIR-native repository alongside Orion's HL7-based data repository, supporting interoperability and real-time data sharing [7]. - The company will launch a suite of AI-enabled tools, including clinical search, summarization, and patient risk stratification, designed to integrate with existing clinical infrastructures [8][10]. Market Potential - The U.S. digital health market reached $160.4 billion in 2024 and is projected to grow at a 15.4% CAGR from 2025 to 2033, reaching $695.2 billion [8]. - HEALWELL views the U.S. market as a key focus area due to its size and complexity [8]. Partnerships and Growth Strategy - HEALWELL aims to deepen its U.S. market presence through strategic partnerships and mergers and acquisitions, focusing on capital allocation to support its mission of AI-driven preventative care [9]. - The company has established partnerships with life sciences organizations and is actively engaged with seven of the top ten largest pharmaceutical companies globally [9]. Leadership Insights - The incoming CEO, James Lee, emphasized the company's progress in integration and market strategies, highlighting significant growth opportunities and the potential for AI to improve patient outcomes [10].