Thenewswire
Search documents
Critical Infrastructure Technologies Joins Latvian Delegation at European Defence Week 2025 in Paris
Thenewswire· 2025-10-16 13:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) will participate in European Defence Week 2025, highlighting its role in the European Defence and Security ecosystem [1][2][4] - The company aims to advance its Nexus 20 Rapid Deployment Platform, which integrates multi-role communications, surveillance, and counter-UAS systems for operational flexibility [2][3] - Latvia's strategic position and its commitment to European defence innovation are emphasized, with CiTech representing the nation's contributions [3][4] Company Overview - CiTech is focused on developing autonomous, high-capacity mobile communications and security platforms, targeting sectors such as mining, defence, border security, and emergency services [6] - The company has completed the research and development phase and is in the process of commercializing its first product, the Nexus 16, which provides critical mobile telecommunications [6] - CiTech's self-deploying platform (SDP) addresses limitations of current communication solutions, supporting various technological payloads including LTE and surveillance systems [6] Event Details - European Defence Week 2025 will feature forums, workshops, and networking events aimed at fostering partnerships and innovations in the defence sector [4] - The event is organized by Bpifrance and EuroQuity, bringing together defence companies, investors, and policy leaders [4]
Aztec Minerals Announces Closing of Upsized C$10 Million Bought Deal Private Placement Including Concurrent Exercise of Over-Allotment Option
Thenewswire· 2025-10-16 12:55
Core Points - Aztec Minerals Corp. has successfully closed a "bought deal" private placement offering, raising gross proceeds of C$10,004,655 by selling 42,573,000 common shares at C$0.235 each [1][2] - The offering included the full exercise of an over-allotment option, allowing the underwriter to purchase an additional 5,553,000 shares [1] - The funds will be used for exploration work on the Tombstone gold-silver project in Arizona and the Cervantes gold-copper project in Mexico, as well as for general working capital [4] Financial Details - The underwriter, Stifel Canada, received a cash commission of C$700,326, which is 7% of the gross proceeds, and was issued 2,980,110 non-transferable common share purchase warrants [3] - Each warrant allows the holder to acquire one common share at the issue price until October 16, 2028 [3] Company Overview - Aztec Minerals is focused on two emerging mineral projects: the Cervantes project in Sonora, Mexico, and the Tombstone project in southern Arizona, which have potential for gold, copper, silver, lead, and zinc [8]
Hi-View Resources Completes Comprehensive Analysis Confirming Gold-Silver Potenital At Saunders Property
Thenewswire· 2025-10-16 12:30
Core Insights - Hi-View Resources Inc. has completed a comprehensive analysis of the Saunders Property, confirming its potential as a low-sulphidation epithermal gold-silver system [1][2] - The analysis highlights significant geological features, including quartz chalcedony veining with adularia and strong silicification, situated within a structural corridor that hosts major deposits [1][4] Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company on the Canadian Securities Exchange, focusing on gold, silver, and copper assets in the Toodoggone region of northern British Columbia [7] - The company’s portfolio includes over 27,791 hectares of projects, with key properties such as the Golden Stranger Project, Lawyers claims, and Borealis Project designated as high-priority targets [7] Exploration Potential - The Saunders Property comprises 209.6 hectares and includes two noncontiguous claim blocks covering four known occurrences, with historical sampling at Saunders North returning up to 1.42 g/t Au and 11.7 g/t Ag [4] - The analysis aims to refine the exploration model and identify areas with the highest potential for mineralization, guiding the next phase of exploration [5]
Hybrid Power Solutions Announces Sale of Three Batt Pack Pro Units to Tire Butler
Thenewswire· 2025-10-16 12:30
Core Insights - Hybrid Power Solutions Inc. has successfully sold three Batt Pack Pro units to Tire Butler, marking a significant step in its expansion into the mobile service and automotive sectors [1][2] - The partnership with Tire Butler, announced on September 25, 2025, aims to provide cleaner, emission-free power solutions for mobile service providers [2][3] - The Batt Pack Pro units are designed to eliminate the need for traditional gas generators, offering a sustainable energy solution for various industries [3][4] Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol "HPSS," focusing on portable power systems that reduce reliance on fossil fuels [5] - The company emphasizes environmental responsibility and technological innovation, aiming to lead the clean energy transition [5] Industry Trends - There is a growing demand for cleaner and more cost-effective alternatives to fossil fuel-based generators as businesses increasingly seek sustainable power solutions [4]
Renforth Commences Stripping on Parbec Gold Deposit Targeting Surface Gold Channel Assaying 1.43 g/t Au over 12.2m
Thenewswire· 2025-10-16 12:00
Core Insights - Renforth Resources Inc. is set to resume exploration activities on October 18, 2025, at its Parbec Gold Deposit, focusing on surface gold mineralization [1][2] Exploration Activities - The upcoming work will include chipping and overburden removal, specifically targeting a 12.2m channel grading 1.43 g/t gold on the surface [1] - Following the initial activities, the newly exposed surface will be prospected, mapped, and sampled, with stripping extending across the Diorite Splay, a feature known for gold mineralization [2] Geological Context - The Diorite Splay is interpreted as a possible hinge fold in the Pontiac Sediments, which may have facilitated mineralized fluid interactions with the Cadillac Break [2] - Renforth is also investigating mineralized structures oriented perpendicular to the Cadillac Break, consistent with previous drilling findings [2] Financial Activities - The company plans to raise a maximum of CAD 500,000 through the sale of units priced at CAD 0.02, with each unit consisting of a flow-through share and a half warrant [3] - Each full warrant can be exercised for a common share at a price of CAD 0.05 for a period of 24 months [3] Parbec Gold Deposit Overview - The Parbec gold deposit spans approximately 1.7 km along the Cadillac Break, recognized as one of Canada's most productive gold structures [5] - Geological modeling indicates gold mineralization within the Break and extending into the unexplored Pontiac sediments [5] Mineralization Characteristics - Mineralization at Parbec starts at the surface and is almost entirely enclosed within a Whittle Pit, which is open on strike in both directions and at depth [6] - The current pit does not extend below a depth of 300m, indicating potential for further exploration [6]
Opawica Exploration Inc Announces a Conceptual Exploration Target
Thenewswire· 2025-10-16 12:00
Core Insights - Opawica Explorations Inc. is exploring a Conceptual Exploration Target at its Bazooka Property, located along the Cadillac-Larder Lake Break, a significant gold-bearing structure globally [1][2] - The Bazooka Property is strategically positioned adjacent to Yamana Gold's Wasamac Project and is within a district actively explored by major producers like Agnico Eagle Mines, indicating strong potential for high-grade gold discoveries [2][12] Exploration Target Overview - The exploration target is based on historical drilling data, which includes 210 drill holes totaling 51,219 meters [2][6] - The known mineralization is found within a 60-meter-wide zone of quartz-carbonate-sericite and talc-chlorite schists, referred to as the Main Zone, associated with a graphitic fault [2][4] - The potential quantity of the exploration target is estimated to be between 10 to 40 million tonnes, grading between 0.9 to 1.45 grams per tonne (g/t) gold [6] Geological Highlights - The Cadillac-Larder Lake Break at Bazooka features a 20–60 meter-wide deformation corridor with significant alteration, including carbonate, silica, fuchsite, and tourmaline [4] - High-grade intercepts have been reported, including 77.18 g/t over 5.79 meters and 25.77 g/t over 7.5 meters, confirming the presence of sulphide-bearing quartz veins with visible gold [5][7] Company Overview - Opawica Explorations is a Canadian resource exploration company with a focus on precious and base metal properties in the Rouyn-Noranda region of the Abitibi gold belt in Quebec [17] - The company's management has a strong track record in discovering and developing successful exploration projects, aiming to increase shareholder value through cost-effective exploration practices and strategic partnerships [17]
Drilling Continues at Silver North's Flagship Haldane Silver Property, Yukon
Thenewswire· 2025-10-16 12:00
Core Insights - Silver North Resources Ltd. is advancing its 2025 exploration program at the Haldane Silver Property, focusing on expanding the discovery made at the Main Fault target in the Keno Hill Silver District, Yukon [1][2] Exploration Program Update - Six drill holes totaling 1,300 metres have been completed at the Main Fault target, with five holes sampled and sent for analysis, and one hole still in progress [1][3] - The program aims to delineate the down-dip and strike potential of the 2024 Main Fault discovery, which previously intersected three stacked high-grade silver-bearing veins [6] Mineralization Details - The 2025 diamond drilling program is targeting Keno-style silver lead-zinc mineralization, with significant intersections reported, including 1.83m of 1,088 g/t silver and 5.8m of 365 g/t silver [2][6] - The first hole of the program tested mineralization approximately 80 metres further down dip from the 2024 intersections, while remaining holes are testing sections approximately 50 and 100 metres southwest and 50 metres northeast of the discovery section [2] Operational Support - Paycore Diamond Drilling has been engaged as the drill contractor, and Hardline Exploration Services Ltd. is providing staffing, technical, and camp support for the program [3] Company Overview - Silver North's primary assets include the 100% owned Haldane Silver Project, the Tim Silver Project under option to Coeur Mining, and the GDR project, with plans to acquire additional silver properties in favorable jurisdictions [4]
MedBright AI Announces Termination of Limmi Agreements
Thenewswire· 2025-10-16 12:00
Vancouver, British Columbia – October 16, 2025 – TheNewswire - MedBright AI Investments Inc. (the “Company” or “MedBright AI”) (CSE:MBAI, OTCQB:MBAIF, FSE:1V7) announces that the transaction agreements entered into on October 16, 2023 between the Company, Mentorhead Incorporation dba Limmi (“Limmi”) and certain subsidiaries of the Company have been terminated upon mutual agreement of the parties. Please refer to the Company’s news release dated October 17, 2023, for details of the agreements which have bee ...
GOAT Industries Announces Entering Into Definitive Agreement to Acquire Sales and Marketing Arm of Gambling Platform
Thenewswire· 2025-10-16 12:00
Core Viewpoint - GOAT Industries Ltd. has entered into a binding share exchange agreement to acquire Veroom, Inc. and 1509467 B.C. Ltd., focusing on the global sports betting market, particularly in North America, which is valued at over $40 billion [1][2]. Group 1: Transaction Overview - The acquisition includes all issued and outstanding securities of Vroom and 1509, with the Vroom Transaction involving the issuance of 15,677,500 common shares at a deemed price of $0.21 per share, totaling approximately $3.29 million [5]. - The transaction also includes 62,710,000 common share purchase warrants, exercisable at $0.45 for five years [5]. Group 2: Business Focus of Targets - The Targets, known as "BETSource," leverage technology and licenses to provide casinos and sportsbooks with competitive advantages through content recognition and AI for personalized experiences [2][3]. - Vroom's role is to activate live sports rights within casinos and sportsbooks, ensuring effective market penetration of the Technology and Licenses [2]. Group 3: Performance Milestones - The common shares issued to Vroom Vendors will be subject to a voluntary escrow with performance milestones tied to revenue targets of $10 million and $20 million for 1509 [6][7]. - The Performance Warrants will also vest based on the achievement of these revenue milestones [7]. Group 4: Regulatory and Approval Requirements - Completion of the Vroom Transaction is contingent upon necessary regulatory approvals, completion of the 1509 Transaction, shareholder approval, and an equity financing of $2 million to $6 million [9][10]. - The transaction will not constitute a fundamental change in business but will require shareholder approval due to the issuance of more than 100% of current shares [10].
Mithril Reports 10.9 G/T Aueq (7.19 G/T Gold, 260 G/T Silver) Over 8.03m, Extending Target 1 Area By 300 Metres, At Copalquin, Mexico
Thenewswire· 2025-10-16 11:30
Core Insights - Mithril Silver and Gold Limited has reported significant exploration results from its Copalquin property in Durango State, Mexico, highlighting high-grade gold and silver intercepts that extend the strike length of Target 1 by over 30% [1][2][4] Exploration Results - Recent drilling at Target 1 yielded notable intercepts: - 2.05 m at 7.41 g/t gold and 419 g/t silver from 266.05 m - 2.80 m at 3.97 g/t gold and 208 g/t silver from 272.35 m - 8.03 m at 7.19 g/t gold and 260 g/t silver from 257.72 m, including 4.40 m at 9.87 g/t gold and 507 g/t silver from 260.7 m [1][6] - The current resource at Target 1 has been expanded by 300 meters, demonstrating strong potential for further growth [5][6] District Development - The Copalquin property covers a 70 km² area with a history of high-grade gold and silver mining, including 100 historic underground mines [10][11] - Mithril is fully funded for a 45,000-meter drilling program over the next 12-14 months, with plans to add a third drill rig by early 2026 [4][30] - An aerial magnetic survey is scheduled for late October 2025 to support ongoing exploration efforts [4][7] Target Areas - Drilling at Target 5 has progressed rapidly, with 11 holes completed and assays pending, expanding the target footprint to 2 km x 2 km [3][8] - Target 3 is preparing for drilling in the coming months, with systematic mapping and sampling defining priority targets [9][30] Resource Estimates - The maiden JORC resource estimate for the Copalquin district indicates significant potential, with 28.6% of the resource tonnage classified as indicated [25][29] - The resource estimate includes: - Indicated: 691 kt at 5.43 g/t gold and 114 g/t silver - Inferred: 1,725 kt at 4.55 g/t gold and 152 g/t silver [25][29]