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Silver North $2.1 Million Non-Brokered Flow-Through Private Placement Fully Subscribed
Thenewswire· 2025-07-15 11:30
Core Viewpoint - Silver North Resources Ltd. is conducting a non-brokered private placement to raise funds through two offerings: a flow-through unit offering and a non-flow-through unit offering, aimed at supporting exploration and administrative expenses. Group 1: Private Placement Details - The FT Unit Offering has been fully subscribed, aiming to raise up to $2,100,000 at a price of $0.21 per unit, each unit consisting of one common share and one-half warrant [2][6] - The HD Unit Offering is set to raise an additional $500,000 at a price of $0.15 per unit, also comprising one common share and one-half warrant [3][6] - Each warrant from both offerings allows the holder to purchase one common share at an exercise price of $0.35 for a period of 48 months [2][3] Group 2: Use of Proceeds - Proceeds from the FT Units will be allocated for exploration and related programs on the Haldane and GDR mineral properties in the Yukon Territory [4][12] - Funds from the HD Units will be utilized for general and administrative expenses and project pipeline development [4] Group 3: Tax and Regulatory Compliance - The company will incur eligible "Canadian exploration expenses" from the FT Unit proceeds, renouncing these expenditures to subscribers by December 31, 2025 [5] - The offerings are subject to regulatory approvals, including compliance with the TSX Venture Exchange policies [6][10] Group 4: Exploration Plans - A 10-hole diamond drilling program is planned at the Haldane project to target expansion of silver-lead-zinc mineralization, with previous drilling returning significant silver grades [13] - Exploration activities will also include a prospecting, sampling, and mapping program at the GDR project, focusing on a geochemical anomaly [12] Group 5: Company Overview - Silver North Resources Ltd. owns the Haldane Silver Project, Tim Silver Project, and GDR project, with plans to acquire additional silver properties in favorable jurisdictions [14] - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the United States under the symbol "TARSF" [15]
Happy Creek Announces $3,250,000 Private Placement
Thenewswire· 2025-07-15 11:00
Core Viewpoint - Happy Creek Minerals Ltd is initiating a non-brokered private placement to raise up to C$3,250,000 to advance its Fox Tungsten Project and other exploration initiatives in British Columbia [1][2][3] Financing Details - The private placement consists of charity flow-through units (FT Units) priced at C$0.07 and non-flow-through units (NFT Units) priced at C$0.05 [1] - The offering includes a lead investment from Waratah Capital Advisors Ltd [2] - Each FT Unit comprises one flow-through common share and one half of a common share purchase warrant, while each NFT Unit consists of one common share and one half of a common share purchase warrant [2] Use of Proceeds - Funds raised will be allocated to drilling, exploration, and development of the Fox Tungsten Project, as well as for general working capital [3] - A 10,000 metre drill program is planned for the current exploration season to expand the project's resource base [2] Tax Implications - FT Shares will qualify as "flow-through shares" under Canadian tax law, with proceeds used for eligible resource exploration expenses [4] - The company will incur qualifying expenditures equal to the gross proceeds from the issuance of FT Shares by December 31, 2026 [4] Related-Party Transactions - Directors, management, and insiders may participate in the offering, which is considered a related-party transaction but is exempt from formal valuation and minority approval requirements [5] Finder's Fees and Closing Conditions - The company may pay finders' fees in accordance with applicable securities laws [6] - Securities issued will be subject to a hold period of four months and one day from the closing date and require necessary approvals [6] Company Overview - Happy Creek Minerals Ltd focuses on discovering and building resources in British Columbia, with projects including the high-grade Fox Tungsten deposit and others [9][10] - The company is committed to responsible mineral resource development and maintaining relationships with Indigenous communities [12]
Giant Mining Intersects Thick Intervals of Oxide Copper at Majuba Hill, Extending Mineralized Breccia Zone
Thenewswire· 2025-07-15 07:05
 VANCOUVER, BC — JULY 15, 2025 — TheNewswire - Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5 | CSE: BFG.WT.A | CSE: BFG.WT.B) (“Giant Mining” or the “Company”) is pleased to report additional assay results from Phase 1 of the Spring 2025 diamond drilling program (the “Core Program”) including core holes MHB-33, MHB-34, and MHB-35, completed at the Majuba Hill Porphyry Copper-Silver-Gold Project (“Majuba Hill”) in Pershing County, Nevada.These results from the Core Program confirm strong breccia cont ...
Nord Files Year End Financials and Announces MCTO Status
Thenewswire· 2025-07-15 01:15
Company Update - Nord Precious Metals Mining Inc. has filed its annual financial statements for the year ended December 31, 2024, along with the management discussion and analysis and CEO and CFO certifications, following a management cease trade order issued on May 1, 2025 [1] - The company is also required to file its Q1 interim financial statements for the three-month period ended March 31, 2025, and will continue to issue bi-weekly default status reports until the situation is resolved [2][3] Company Operations - Nord operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, focusing on high-grade silver discovery and strategic metals recovery [5] - The flagship Castle property covers 63 square kilometers and includes the Castle Mine, with drilling delineating 7.56 million ounces of silver in inferred resources averaging 8,582 g/t Ag (250.2 oz/ton) [5] - The company's integrated processing strategy supports the recovery of high-grade silver while also extracting critical minerals such as cobalt and nickel, utilizing a proprietary hydrometallurgical process for producing technical-grade cobalt sulfate and nickel-manganese-cobalt formulations [6] Strategic Positioning - Nord maintains a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project, which spans 260 square kilometers near Cochrane, Ontario [7]
Nevis Brands Reports Q2 2025 Results: Revenue Growth, Stable Gross Margin
Thenewswire· 2025-07-14 21:00
Core Insights - Nevis Brands Inc. reported a modest revenue increase in Q2 2025 compared to Q1, driven by stable revenues in licensed markets and early performance of its hemp-derived THC product line [2][4] - The company maintained a gross profit margin of 75%, reflecting the effectiveness of its capital-light licensing model [2][5] - Non-operational factors, including foreign exchange pressure and elevated audit fees, impacted earnings, resulting in a net loss of CAD 92,458 for the quarter [3][4] Financial Performance - Revenue for Q2 2025 was CAD 418,745, slightly up from CAD 416,355 in Q1 [4] - Gross profit was CAD 315,228, showing stability compared to CAD 315,345 in Q1 [4] - EBITDA for the quarter was CAD -16,226, a decline from CAD 135,038 in Q1 [4] Operational Highlights - Geographic expansion in New Jersey and Missouri contributed to revenue growth, with flagship brands Major™ and Happy Apple™ gaining traction [5] - The launch of the Happy Apple™ hemp-derived THC drink generated initial positive consumer feedback, with expectations for sales acceleration in the second half of fiscal 2025 [5] - The company's asset-light strategy continues to validate its gross margin of 75%, allowing for low fixed costs and adaptability to market changes [5] Strategic Outlook - Nevis is positioned to capitalize on growth drivers as the cannabis beverage category matures and consumer adoption increases [6] - The company is focused on scaling revenues and progressing towards sustained profitability, with strong brand momentum and disciplined cost control [6][11] - New distribution partnerships are under review, expected to enhance national distribution for Major™ and Happy Apple™ [11]
Voyageur Pharmaceuticals Grants Deferred Share Units and Options and Accelerates Expiry Date of Warrants
Thenewswire· 2025-07-14 20:30
Core Points - Voyageur Pharmaceuticals Ltd. has issued 128,418 Deferred Share Units (DSUs) to its directors as part of a fixed 10% equity incentive compensation plan, with a starting value of approximately $0.21126 per DSU based on the weighted average share price for the quarter ended June 30, 2025 [1][2] - The company has also granted 100,000 stock options to a director, which are exercisable at an exercise price of $0.195 per share for a period of 10 years [2] - Additionally, Voyageur has granted options to purchase 500,000 common shares at $0.26 per share to a contractor, expiring July 10, 2029 [3] - The company has triggered an acceleration clause for 13,782,345 warrants exercisable at $0.10 per share, which will expire on August 18, 2025 [3] Company Overview - Voyageur Pharmaceuticals is focused on developing barium and iodine Active Pharmaceutical Ingredients (API) for high-performance imaging contrast agents, aiming to vertically integrate the barium and iodine contrast markets [4] - The business plan includes generating cash flow by partnering with established third-party GMP pharmaceutical manufacturers in Canada to validate its products by regulatory agencies worldwide [5] - The company is committed to sustainability and plans to build carbon-capture infrastructure using the Rain Cage EDENTM system, aiming to generate revenue from captured carbon [6] - Voyageur owns a 100% interest in the Frances Creek barium sulphate project, which offers a high-quality mineral resource suitable for the pharmaceutical market, potentially replacing current synthetic products [7] - The company's vision is to become the first vertically integrated player in the radiology contrast media drug market, controlling all primary input costs from raw material sourcing to final production [8]
Integrated Cyber Solutions Rebrands IC360 as SecureGuard360(TM) Advancing its Human Firewall Vision with Next Phase of Development
Thenewswire· 2025-07-14 13:30
Core Insights - Integrated Cyber Solutions Inc. has rebranded its flagship cybersecurity platform from IC360 to SecureGuard360™, emphasizing a commitment to people-centered security data [1][2] - The rebranding aims to enhance market recognition and aligns with the company's long-term product strategy [2] - SecureGuard360™ is designed to provide comprehensive protection across an organization's digital environment, focusing on visibility, simplicity, and intelligence [3] Product Development - The platform is currently in the next phase of development, which includes data integration, ecosystem connectivity, and establishing a robust reporting foundation [4] - SecureGuard360™ is being developed on Microsoft Azure, ensuring scalability and enterprise-grade security for handling large volumes of cybersecurity data [5] - The platform aims to unify data from multiple tools and present it in clear, actionable reports, addressing the challenge organizations face in translating fragmented data into insights [6] Market Opportunity - There is a significant opportunity in cybersecurity reporting, as many organizations struggle to prioritize risks and respond effectively due to fragmented data [5][6] - SecureGuard360™ aims to provide clarity by integrating intelligence from various sources, enabling organizations to make informed decisions [7] - The company is expanding operations in emerging markets, including the Middle East, Africa, and South Asia, focusing on tailored cybersecurity solutions for diverse cultural and regulatory environments [8][9]
Rackla Metals reports drilling has commenced at BiTe and provides initial core observations
Thenewswire· 2025-07-14 11:00
Vancouver, British Columbia – July 14th, 2025 – Rackla Metals Inc. (TSX-V: RAK) is pleased to announce that drilling and has commenced at the BiTe zone on the Grad property NWT. The Grad property was staked in July of 2024, and immediate prospecting defined strong gold mineralization at the base of the south facing cliff.  Further sampling in August identified significant sheeted veining hosted in the intrusive and that combined with the gold, bismuth and tellurium geochemistry made it clear that we had di ...
Homeland Announces Change in Auditor
Thenewswire· 2025-07-14 11:00
Group 1 - Homeland Nickel Inc. has changed its auditor from Scarrow and Donald, LLP to MNP LLP effective July 7, 2025, due to exposure to United States assets [1] - The Former Auditor resigned on January 30, 2025, and the board appointed the Successor Auditor until the next Annual General Meeting [1][2] - There were no modified opinions in the Former Auditor's reports for the last two financial years, and the resignation and appointment were approved by the board of directors [2] Group 2 - The Notice of Change of Auditor and required letters from both auditors have been reviewed by the audit committee and filed on SEDAR [3] - Homeland Nickel is focused on critical metal resources, with nickel projects in Oregon and copper and gold projects in Newfoundland [4] - The Company holds a significant portfolio of mining securities, including shares in Canada Nickel Company Inc., Noble Mineral Exploration Inc., Benton Resources Inc., and Magna Terra Minerals Inc. [4]
Silver Crown Royalties Closes Final Tranche of its Non-Brokered Private Placement
Thenewswire· 2025-07-14 07:00
Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company with four silver royalties, three of which are revenue-generating [4] - The company's business model provides investors with exposure to precious metals, serving as a hedge against currency devaluation while minimizing the impact of cost inflation associated with production [4] Recent Financial Activity - The company closed the final tranche of its non-brokered offering, issuing 132,693 Units at a price of C$6.50 per Unit, resulting in gross proceeds of approximately C$862,505.50 [1] - A total of 235,531 Units were issued in the offering, generating cumulative gross proceeds of C$1,530,951.50 [2] Use of Proceeds - Proceeds from the final tranche will be allocated to fund the company's silver royalty acquisition on the Igor 4 project in Peru, as well as for general and administrative expenses [3]