Core Viewpoint - Canstar Resources Inc. has successfully closed an oversubscribed non-brokered private placement, raising approximately $1.17 million in hard-dollar financing, primarily from institutional investors, to strengthen its balance sheet ahead of its 2026 exploration program [1][2][4]. Financing Details - The Offering raised total gross proceeds of $1,169,970.54, with $1.15 million from hard-dollar units, indicating strong demand for exploration in Newfoundland [2][4]. - Canstar has raised a total of approximately $1.67 million in hard-dollar capital in recent months, including proceeds from an early warrant exercise incentive program [3]. Use of Proceeds - Proceeds will be allocated for general corporate purposes, including exploration at the Buchans, Mary March, and Golden Baie projects, as well as working capital and corporate development activities [6][12]. - The gross proceeds from the sale of flow-through units will be used to incur Canadian Exploration Expenses on the Company's Newfoundland properties [10]. Offering Structure - The Offering consisted of 17,738,008 non-flow-through units issued at a price of $0.065 per unit, generating gross proceeds of $1,152,970.54, and 200,000 flow-through units issued at a price of $0.085 per unit, generating gross proceeds of $17,000 [8][9]. - Each non-flow-through unit includes one common share and one transferable common share purchase warrant, while each flow-through unit consists of one common share and one-half of one warrant [9]. Management Commentary - The President & CEO of Canstar emphasized the strength of the financing and the company's disciplined capital strategy, highlighting the exciting exploration opportunities at the Mary March project [5].

Core Insights - BioHarvest Sciences has entered a strategic CDMO partnership with Saffron Tech to enhance the production of saffron-derived botanical compounds using its patented Botanical Synthesis technology [1][3][5] - The partnership aims to address the challenges of saffron cultivation, which is labor-intensive and geographically limited, by utilizing cell-based production methods [8][12] Company Overview - BioHarvest Sciences is a biotechnology company specializing in Botanical Synthesis, allowing for the production of plant-based compounds without the need to grow the plants themselves [13] - Saffron Tech, founded in 2020, has developed advanced cultivation methods that enable year-round production of high-quality saffron, significantly increasing yield compared to traditional methods [2][12] Partnership Details - The agreement stipulates that Saffron Tech will own 75% of the developed saffron compositions, while BioHarvest will retain 25% [4] - The collaboration will involve simultaneous development phases, which could expedite the time to market for saffron-derived products [3][7] Market Potential - Saffron is the world's most expensive spice, retailing for over $10,000 per kilogram, and is primarily sourced from Iran, which accounts for over 80% of global production [2][8] - The partnership aims to create a sustainable and controlled production alternative to meet the growing global demand for saffron-based wellness products [8][12] Financial Performance - BioHarvest's preliminary revenue for Q3 2025 is expected to be approximately $9.1 million, with an adjusted EBITDA range of ($0.7 million) to ($0.4 million) [9][11] - Guidance for Q4 2025 indicates a revenue range of $9 million to $9.5 million, with adjusted EBITDA expected to be between ($0.6 million) and $0.0 million [10][11]

Aurania Summarizes Areas of Enhanced Prospectivity in Ecuador and Confirms Future FocusOctober 30, 2025 7:30 AM EDT | Source: Aurania Resources Ltd.Toronto, Ontario--(Newsfile Corp. - October 30, 2025) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") provides a detailed summary of recognized areas of enhanced prospectivity on its Cutucu Project in southeastern Ecuador amidst changing political conditions in the country. The Company also confirms its f ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) (the "Company" or "PreveCeutical"), is pleased to announce that, further to its news releases of August 5, 2025, September 5, 2025 and October 10, 2025 it has closed a second tranche (the "Second Tranche") of its previously announced $1,200,000 non-brokered private placement (the " ...

Core Insights - Metallic Minerals Corp. is a resource-stage exploration company focused on critical minerals including copper, silver, gold, and platinum group elements at its La Plata Project in Colorado and Keno Silver Project in the Yukon Territory [1][3] - The company will present at Red Cloud's Fall Mining Showcase 2025, inviting shareholders and interested parties to learn about its latest developments [1][2] Company Overview - Metallic Minerals Corp. is recognized for its significant holdings in alluvial gold claims in the Yukon and is developing a production royalty business through partnerships with experienced mining operators [3] - The leadership team has a strong track record in discovery and exploration of major precious and base metal deposits across North America, with extensive experience in project development, permitting, and financing [3] - The company integrates artificial intelligence and advanced data analytics into its exploration process to enhance discovery and unlock new value across its portfolio [3] - Metallic Minerals is committed to responsible and sustainable resource development, collaborating closely with Canadian First Nation groups, U.S. Tribal and Native Corporations, and local communities [3]

Surge Completes 2025 Infill Drill Program; Consistently Intersects Thick Zones of High-Potential Lithium ClaystoneProgram Delivers Critical Data for Resource Upgrade and Pre-Feasibility StudyOctober 30, 2025 7:00 AM EDT | Source: Surge Battery Metals Inc.West Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5C) (the "Company" or "Surge") is pleased to announce the successful completion of its 2025 core drilling pro ...

Core Insights - New Found Gold Corp. has announced significant drill results from the Dropkick zone at its Queensway Gold Project, indicating high-grade mineralization and an expanded strike length of 815 meters [1][3][21] - The ongoing exploration drilling program aims to further expand the mineralized footprint, with initial results confirming high-grade gold presence [3][10][21] Drill Results - The latest drilling results include notable intercepts such as 29.2 g/t Au over 9.25 m and 20.9 g/t Au over 11.10 m, showcasing the potential of the Dropkick zone [8][25] - A total of 9,477 meters of drilling across 30 diamond drill holes were completed, with results indicating high-grade mineralization extending to a depth of 285 meters [6][9][21] Exploration Strategy - The exploration focus is on expanding the Dropkick zone along strike and depth, with additional drilling planned to test the extent of high-grade mineralization [10][21][22] - The 2025 drill program encompasses 70,000 meters, with approximately 80% dedicated to the AFZ Core area and 20% to other exploration targets [21][22] Future Plans - Infill drilling is ongoing to convert resources from inferred to indicated status, with completion expected in Q4/25 [22] - An excavation program is underway to validate the geological model and collect detailed analytical information across key zones, with results anticipated soon [23][22] Company Overview - New Found Gold holds a 100% interest in the Queensway Gold Project, located in Newfoundland and Labrador, a region known for its excellent infrastructure and skilled workforce [44][46] - The company has a solid shareholder base, including significant holdings by Eric Sprott, and is focused on growth and value creation [47]

Core Insights - Meridian Mining UK S has received unanimous approval for the Preliminary Licence (PL) of the Cabaçal Au-Cu-Ag project from CONSEMA, the Environmental Council for the State of Mato Grosso, following a positive technical opinion from SEMA based on the Environmental Impact Assessment [2][4][8] Licensing and Regulatory Progress - The formal issuance of the Preliminary Licence is underway, with SEMA responsible for publishing the approval in the State of Mato Grosso gazette [3] - The PL is the first of three permitting stages required for the Cabaçal project, with the next step being the Installation License, which will allow construction activities to commence [5] Project Economic Viability - The Cabaçal project has a base case after-tax NPV5 of USD 984 million and an IRR of 61.2%, based on a pre-production capital cost of USD 248 million, leading to capital repayment in 17 months [7] - The project has a low All-in-Sustaining-Cost of USD 742 per ounce of gold equivalent and a production profile of 141,000 ounces of gold equivalent over its life [7] Technical and Environmental Aspects - The technical aspects, environmental feasibility, and social acceptance of the Cabaçal project have been affirmed, contributing to the positive response from CONSEMA [4][8] - The Cabaçal Mineral Reserve estimate includes Proven and Probable reserves of 41.7 million tonnes at 0.63g/t gold, 0.44% copper, and 1.64g/t silver [10]

Core Insights - NexGen Energy Ltd. will host its 2025 third quarter conference call on November 6, 2025, at 8:00 am Eastern Standard Time [1][2] Company Overview - NexGen Energy is focused on delivering clean energy fuel for the future, with its flagship Rook I Project being developed into the largest low-cost producing uranium mine globally [5] - The Rook I Project is supported by a NI 43-101 compliant Feasibility Study, highlighting elite environmental performance and industry-leading economics [5] - The company is led by experienced professionals in the uranium and mining industry, covering the entire mining life cycle [5] - NexGen aims to address global challenges in decarbonization, energy security, and access to power [6] Upcoming Events - The conference call will provide updates on the Rook I Project, insights into the uranium market, and the company's financial position following recent financing [2] - Management will discuss project development activities and exploration results at Patterson Corridor East [2][3] Financial Information - Prior to the call, NexGen will file its 2025 third quarter Financial Statements and Management Discussion & Analysis on November 5, 2025 [3]

Universal Digital and ReYUU Japan Sign MOU to Develop Strategic Financing FrameworkMOU outlines potential USD 100 million facility to support ReYuu's digital-asset treasury strategyOctober 30, 2025 6:00 AM EDT | Source: Universal Digital Inc.Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - Universal Digital Inc. (CSE: LFG) (OTCQB: LFGMF) (FSE: 8R20) ("Universal Digital" or the "Company") is pleased to announce that it has entered into a non-binding Memorandum of Understanding ...