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EagleOne Metals Corp. Announces Letter of Intent to Acquire Surupampa Metals Corp.
Newsfile· 2025-12-09 02:00
Core Viewpoint - EagleOne Metals Corp. has entered into a non-binding letter of intent to acquire Surupampa Metals Corp., which holds an option agreement for a 100% interest in the Surupampa I mining concession in Peru [1][2]. Acquisition Details - The proposed transaction involves EagleOne acquiring all issued and outstanding common shares of Surupampa Metals Corp. through a share exchange [1][6]. - The transaction will involve the issuance of 18,750,000 common shares of EagleOne to the existing shareholders of Surupampa [6]. Property Overview - The Surupampa I mining concession is strategically located in a major mineral belt in northern Peru, known for gold-silver-copper base metal mineralization [2][3]. - The principal structures at the property include the Giuliana and Anita veins, which are quartz-dominant with minor carbonate [3]. Exploration Plans - Future exploration will focus on confirming the depth and strike extent of the Giuliana vein system, including detailed geological mapping and sampling [5]. - A drill program will be established to test mineralization at depth [5]. Financial Terms - The acquisition will involve several payments, including cash payments and share issuances, totaling approximately US$1,000,000 over specified timelines [8]. - Payments include an initial cash payment of US$100,000 and subsequent share issuances and cash payments scheduled through 2026 [8]. Conditions for Completion - The completion of the transaction is subject to negotiation of a definitive agreement, satisfactory due diligence, and necessary approvals from regulatory bodies [9]. Strategic Services Agreement - EagleOne has entered into a strategic services agreement with Fairfax Partners Inc. for investor relations and digital marketing services, with a monthly fee of CAD $5,000 and an annual marketing budget of up to CAD $500,000 [10][11]. Company Background - EagleOne Metals Corp. is a Canadian-based explorer focused on precious and base metals, holding options to acquire interests in various mining projects, including the Magusi West Gold Project in Quebec [12].
Medaro Announces LIFE Private Placement Offering
Newsfile· 2025-12-09 02:00
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Medaro Mining Corp. (CSE: MEDA) (OTCID: MEDAF) (FSE: 1ZY) ("Medaro" or the "Company") is pleased to announce the offering (the "Offering") for aggregate gross proceeds of up to $524,000 from the sale of up to 3,742,857 units of the Company ("Units") at a price of $0.14 per Unit.Each Unit will consist of one common share in the capital of the Company (a "Share") and one common share purchase warrant of the Company (each, a "Warrant"). Each W ...
SOL Global Announces Share Consolidation
Newsfile· 2025-12-09 01:47
Core Points - SOL Global Investments Corp. has announced a share consolidation of its common shares at a ratio of ten Pre-Consolidation Common Shares for one Post-Consolidation Common Share [1][3] - The record date for the consolidation is set for January 14, 2026, with trading of the new shares expected to begin on the same date, pending approval from the Canadian Securities Exchange [2] - The consolidation aims to support long-term shareholder value amidst improving conditions in the digital asset markets, particularly within the Solana ecosystem [3] Company Actions - The Board of Directors approved the consolidation during the annual general and special meeting of shareholders held on February 21, 2025 [3] - All outstanding stock options, deferred share units, and performance share units will be proportionately adjusted to maintain their economic value post-consolidation [3] - Letters of transmittal will be sent to registered shareholders with instructions for exchanging existing share certificates for new ones [4] Post-Consolidation Details - After the consolidation, the company will have approximately 22,999,743 Post-Consolidation Common Shares outstanding [1] - The new shares will have a different CUSIP and ISIN number, and no fractional shares will be issued; any fractions will be rounded down [5] - The company's name and trading symbol will remain unchanged following the consolidation [2] Strategic Focus - The company is strategically focused on the Solana ecosystem, aligning with recent developments in blockchain technology and infrastructure upgrades, including the upcoming Alpenglow consensus protocol [3] - This focus is expected to enhance Solana's scalability and transaction settlement speed, reinforcing the company's investment strategy in digital assets [3][6]
TENAZ ENERGY CORP. ANNOUNCES EXERCISE OF WARRANTS AND OPTIONS, INCREASING DIRECTOR AND OFFICER SHARE OWNERSHIP
Newsfile· 2025-12-09 00:50
Core Points - Tenaz Energy Corp. announced an increase in share ownership by its directors and officers following the exercise of warrants and stock options [2][4] - The exercise of 1.7 million warrants and 1.2 million stock options resulted in the issuance of 2.9 million shares, with 875 thousand shares sold at a 1% discount to market [4][5] - The directors and officers retained 70% of the shares from the exercised warrants and stock options, raising their ownership from 11.0% to 16.3% of the total issued shares [5][6] Company Overview - Tenaz Energy Corp. focuses on the acquisition and sustainable development of international oil and gas assets, being the largest gas producer in the Dutch sector of the North Sea [7] - The company develops crude oil and natural gas at Leduc-Woodbend in Alberta, with its common shares listed on the Toronto Stock Exchange under the symbol "TNZ" [7]
Sage Potash Announces Unit Financing
Newsfile· 2025-12-09 00:37
Core Viewpoint - Sage Potash Corp. is initiating a non-brokered private placement to raise up to $7 million through the sale of 35 million units at a price of $0.20 per unit, which will support key engineering recommendations and operational activities [1][3]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one purchase warrant, with the warrants exercisable at $0.30 for three years [2]. - All securities issued will be subject to a hold period of four months and one day from the issuance date [2][4]. Group 2: Use of Proceeds - Proceeds from the offering will primarily fund the commencement of work recommended by RESPEC LLC, including drilling a stratigraphic hole, drill core analysis, and engineering review [3]. - Additional funds will be allocated for working capital and general administrative expenses [3]. Group 3: Strategic Importance of Drilling - The stratigraphic drillhole aims to provide critical data for mine design and enhance confidence in resource estimates, potentially upgrading resources from inferred to indicated and measured categories [5]. - The drill results will facilitate the initiation of a Bankable Feasibility Study, with high geological confidence based on existing seismic data and nearby well results [5]. Group 4: Company Overview - Sage Potash Corp. is focused on developing its Sage Plain Potash Project in the Paradox Basin, Utah, aiming to establish a sustainable domestic potash production platform [6]. - The company emphasizes its commitment to food security, environmental stewardship, and shareholder value creation [6].
Rapid Dose Completes Extension to Promissory Notes
Newsfile· 2025-12-09 00:19
Core Points - Rapid Dose Therapeutics Corp. has extended the maturity date of its secured convertible notes from November 30, 2025, to November 30, 2026 [1] - The financing involved the issuance of units at $1.00 per unit, which included $1.00 principal amount of notes convertible at $0.17 per share and five common share purchase warrants [2] - Noteholders holding $3,084,445 of notes agreed to the extension, while one noteholder with $50,000 opted for cash repayment [3] - The interest rate on the notes increased from 12% to 18% per annum, with interest payable quarterly in common shares [4] - The company issued 1,356,758 common shares to satisfy accrued interest of $62,860.65 on the notes [5] - The extension transaction involved insiders holding a total of $1,696,371 of notes and 8,481,855 warrants, qualifying as a related party transaction [7] Financing Details - The total principal amount of notes issued during the financing was $3,134,445, along with 15,672,225 warrants [2] - The exercise price for the extended warrants is set at $0.16, with the expiry date also extended to November 30, 2026 [3] - The company is allowed to prepay the notes with a 10-day advance notice [4] Company Overview - Rapid Dose Therapeutics is a Canadian biotechnology company focused on innovative drug delivery solutions [8] - The flagship product, QuickStrip™, is an orally dissolvable film that can deliver various active ingredients rapidly into the bloodstream [8]
Silicon Metals Corp. Completes Acquisition of Crystal Hills Project
Newsfile· 2025-12-09 00:00
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - SILICON METALS CORP. (CSE: SI) (FSE: X6U) ("Silicon" or the "Company") is pleased to announce that, further to the Company's news releases dated November 26, 2025, it has closed its previously announced acquisition of the Crystal Hills Project in Clarkson Township, Ontario.Pursuant to a share purchase agreement (the "Agreement") dated November 25, 2025, the Company acquired all the issued and outstanding shares of 1504947 B.C. Ltd. (the "Ta ...
ROSEN, TOP-RANKED INVESTOR RIGHTS COUNSEL, Encourages Synopsys, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SNPS
Newsfile· 2025-12-09 00:00
New York, New York--(Newsfile Corp. - December 8, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Synopsys, Inc. (NASDAQ: SNPS) between December 4, 2024 and September 9, 2025, both dates inclusive (the "Class Period"), of the important December 30, 2025 lead plaintiff deadline.SO WHAT: If you purchased Synopsys securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fe ...
Gorilla Technology Files Litigation Against Sigma and Bradbury to Protect the Company from Stock Manipulation
Newsfile· 2025-12-08 23:45
Gorilla Technology Files Litigation Against Sigma and Bradbury to Protect the Company from Stock ManipulationLawsuit alleges Sigma and Bradbury engaged in scheme to artificially depress the stock, acquire new shares at nearly no cost and harm all shareholdersDecember 08, 2025 6:45 PM EST | Source: Gorilla Technology Group Inc.London, United Kingdom--(Newsfile Corp. - December 8, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") filed a lawsuit on December 8, 202 ...
BLOK Digital Provides Updates on Private Placement Financings
Newsfile· 2025-12-08 23:30
Core Points - BLOK Digital Ltd. has successfully secured full subscription agreements for two non-brokered private placements, raising a total of $1,500,000 [1][3] - The first private placement involved 10,000,000 common shares at $0.10 per share, generating gross proceeds of $1,000,000 [1] - The second private placement involved 3,846,154 shares at $0.13 per share, generating gross proceeds of $500,000 [3] Use of Proceeds - The net proceeds from the first private placement will be used to settle outstanding debts, update continuous disclosure records, and for general corporate and working capital purposes [2] - The net proceeds from the second private placement will be allocated towards asset acquisition, business combination, and general corporate and working capital purposes [4] Regulatory Compliance - Both private placements are subject to separate approval by the NEX board of the TSX Venture Exchange, with expected closure shortly after receiving the necessary approvals [5] - The securities issued will be subject to a four-month hold period in accordance with applicable securities laws [5] Additional Information - The company may pay commissions or finder's fees to eligible parties in connection with the private placements, pending approval from the Exchange [6]