Newsfile

Search documents
Silver One Closes Oversubscribed Financing of $6.04 Million
Newsfile· 2025-09-02 22:02
Vancouver, BC--(Newsfile Corp. - September 2, 2025) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has closed its oversubscribed and previously announced non-brokered private placement financing (see news release dated August 18, 2025 and August 26, 2025) by issuing 21,587,713 units of the Company (the "Units") at a price of $0.28 per Unit for aggregate gross proceeds of $6,044,559.64 (the "Offering"). Each Unit is comprised ...
Greenheart Gold Announces the Commencement of Drilling on Two of Its Projects and Provides an Update on Exploration Progress in Suriname and Guyana
Newsfile· 2025-09-02 21:59
Core Viewpoint - Greenheart Gold Inc. has initiated drilling programs at its Majorodam project in Suriname and Tamakay project in Guyana, while also providing updates on exploration progress across its portfolio in both countries [2][3][8]. Group 1: Majorodam Project (Suriname) - Drilling has commenced at the Heuvel Prospect, with the first diamond drill hole completed on August 15, 2025, and a total of three holes drilled to date, totaling 610 meters [3]. - The Phase 2 drill program aims to complete 2,500 meters, following up on previous reverse circulation drill results [3]. - Significant trench results include an interval of 18.0 meters at 6.39 grams per tonne of gold, with a high-grade quartz vein returning 4.0 meters at 24.07 grams per tonne [4]. - A high-resolution drone magnetics survey has been conducted over the Heuvel drill targets, enhancing the geological framework for ongoing exploration [5]. - The company is also conducting trench and channel sampling on the Helling prospect, which is part of a 5-kilometer soil anomaly [6]. Group 2: Tamakay Project (Guyana) - An initial 1,200 meters Phase 1 diamond drill program began in mid-August 2025, targeting known gold-bearing quartz vein occurrences [8]. - The drilling is designed to test the continuity of gold-bearing quartz veins and potential stacked veins, as well as a shear zone underlying historical mining pits [8]. Group 3: Igab Project (Suriname) - Early results from the Igab project have shown numerous gold-in-soil anomalies, with ongoing grid soil sampling refining these results into five distinct prospects [9]. - The company has signed a definitive option agreement for the Igab project, involving option payments totaling US$3,400,000 over four years [12]. Group 4: Management and Team - Tim Stubley has been appointed as Senior Manager of Exploration, bringing over 15 years of mineral exploration experience to the company [13][14].
Kingman Minerals Ltd. Announces Closing of 1st Tranche of Non-Brokered Private Placement
Newsfile· 2025-09-02 21:45
Core Viewpoint - Kingman Minerals Ltd. has successfully closed the first tranche of its non-brokered private placement, raising a total of $499,553 through the issuance of 7,136,471 units at a price of $0.07 per unit [1][3]. Group 1: Private Placement Details - The first tranche is part of a larger offering announced on August 27, 2025, which aims to issue up to 8,757,143 units for gross proceeds of approximately $613,000 [3]. - The net proceeds from the private placement will be utilized for general working capital and to advance the flagship Mohave Project, including the historic Rosebud Mine in Arizona [3]. - Planned expenditures include preparing an NI 43-101 compliant technical report, updating the drill plan, re-applying for drill permits, and related exploration activities [3]. Group 2: Finder's Fees and Insider Participation - Kingman will pay a cash finder's fee of $4,620 and issue 66,000 non-transferable finder's warrants, allowing holders to acquire common shares at an exercise price of $0.09 until September 2, 2027 [2]. - Insiders of the company subscribed for 2,516,826 units, contributing gross proceeds of $176,177.82, which is classified as a related party transaction [5][6]. Group 3: Regulatory and Compliance Information - All securities issued will be subject to a statutory hold period of four months from the date of issuance, and the closing of the second tranche is contingent upon receiving necessary regulatory approvals [4]. - The company relied on exemptions from formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101 due to the nature of insider participation [6]. Group 4: Company Overview - Kingman Minerals Ltd. is focused on precious metals exploration and development in North America, with its flagship project being the 100%-owned historic Rosebud Mine in Arizona [9]. - The Rosebud Mine has a history of high-grade gold and silver production dating back to the 1880s, with significant underground development already completed [9].
Adelayde Exploration Corporate Update
Newsfile· 2025-09-02 21:40
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2025) - Adelayde Exploration Inc. (CSE: ADDY) (OTCID: SPMTF) (WKN: A41AGV) (the "Company" or "Adelayde") has granted a total of 1,275,000 stock options to its directors, officers, and consultants at an exercise price of five cents per share for a period of 12 months. The Company also granted a total of 2,625,000 restricted share units (the "RSUs") to its directors, officers, and consultants. The RSUs will vest on January 3, 2026. The options and t ...
The Magpie Mines Inc. Corrects Misinformation as Stated in the Annual Audited Financial Statements of Fancamp Exploration Ltd.
Newsfile· 2025-09-02 21:13
The Magpie Mines Inc. Corrects Misinformation as Stated in the Annual Audited Financial Statements of Fancamp Exploration Ltd.September 02, 2025 5:13 PM EDT | Source: The Magpie Mines Inc.Westmount, Quebec--(Newsfile Corp. - September 2, 2025) - The Magpie Mines Inc., a private company ("Magpie" or the "Company"), states the information pertaining to Magpie in the most recent annual audited information of Fancamp Exploration Ltd. ("Fancamp") is incorrect. It holds 81.7% of the common shares of ...
Volt Carbon Technologies Announces Increase of Private Placement
Newsfile· 2025-09-02 20:00
Calgary, Alberta--(Newsfile Corp. - September 2, 2025) - Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) ("Volt Carbon" or the "Company"), with reference to its prior news releases dated July 31, 2025, and August 12, 2025, is pleased to announce it has obtained approval from the TSX Venture Exchange ("TSX-V") to increase the size of its non-brokered private placement to 11,000,000 units (the "Units") at a price of $0.02 per Unit, for gross proceeds of up to $220,000.Each Unit consists of one commo ...
BrandPilot Ai Announces Upsizing of Private Placement to $1,100,000
Newsfile· 2025-09-02 18:07
Toronto, Ontario--(Newsfile Corp. - September 2, 2025) - BrandPilot AI Inc. (CSE: BPAI) ("BrandPilot" or the "Company") is pleased to announce that due to market demand, the Company has increased the size of its previously announced non-brokered private placement (the "Offering") pursuant to the Listed Issuer Financing Exemption (as defined below) from $750,000 to $1,100,000, through the issuance of a total of 44,000,000 units of the Company (each a "Unit") at a price of $0.025 per Unit. Each Unit consists ...
Pine Cliff Energy Ltd. Declares Monthly Dividend for September 29, 2025
Newsfile· 2025-09-02 17:59
Group 1 - Pine Cliff Energy Ltd. has declared a regular monthly dividend of $0.00125 per common share, payable on September 29, 2025, to shareholders of record on September 15, 2025 [1] - The declared dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice [1] Group 2 - Pine Cliff is a natural gas and crude oil company focused on creating long-term shareholder value [2]
Evertz Technologies Limited to Announce First Quarter 2026 Results on September 10, 2025
Newsfile· 2025-09-02 17:40
Company Announcement - Evertz Technologies Limited will announce its first quarter 2026 financial results on September 10, 2025 at approximately 5:00 p.m. (EDT) [2] - A conference call with financial analysts will be held on the same day to discuss the results, and interested parties can join in listen-only mode [3] Conference Call Details - The conference call can be accessed by dialing 289-514-5100 or Toll-Free (North America) 1-800-717-1738 [3] - A rebroadcast of the call will be available until October 10, 2025, accessible at 289-819-1325 or Toll-Free 1-888 660-6264, with the pass code for the rebroadcast being 75854 [4] Company Overview - Evertz Technologies Limited designs, manufactures, and markets video and audio infrastructure solutions for the television, telecommunications, and new-media industries [5] - The company's solutions are utilized by content creators, broadcasters, specialty channels, and television service providers to support complex multi-channel digital environments, including high and ultra-high definition television (HDTV and UHD) [5] - Evertz's products enable customers to generate additional revenue while reducing costs through efficient signal routing, distribution, monitoring, and management of content, as well as automation and orchestration of streamlined workflow processes both on-premise and in the cloud [5]
Goldshore Announces Name Change to Gold X2 Mining, Appointment of Tom Obradovich to the Board of Directors, Corporate Update and Management Transition
Newsfile· 2025-09-02 16:37
Company Update - Goldshore Resources Inc. has officially changed its name to Gold X2 Mining Inc., with the new ticker symbol "[AUXX]" set to commence trading on the TSX Venture Exchange on September 4, 2025 [2][3] - Tom Obradovich has been appointed to the Board of Directors, bringing over 42 years of experience in mining exploration, development, and financing [4][5] - The company has completed the repurchase of a 1% NSR from Wesdome Gold Mines, enhancing the long-term economics of the Moss Gold Project [12] Project Development - Gold X2 Mining is focused on advancing the Moss Gold Project, aiming to build a top-10 producing gold mine in Canada through holistic de-risking strategies [6][10] - A Preliminary Economic Assessment (PEA) and an updated Mineral Resource Estimate (MRE) are scheduled for release in Q4 2025, incorporating over 21,000 meters of new drilling data [6][10] - The current MRE for the Moss Gold Project includes 1.54 million ounces of Indicated gold resources at 1.23 g/t Au and 5.20 million ounces of Inferred gold resources at 1.11 g/t Au [14] Financial and Operational Strategy - The company is well-funded to execute its corporate objectives through Q1 2026, supporting a 50,000-meter drill program [6][10] - Juciane Gomes Goncalves will assume the role of Interim Chief Financial Officer following the departure of Erica Borgstrom, ensuring continuity in financial strategy [9] - The company is targeting a potential listing on a major U.S. exchange in the second half of 2026 [12]