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TSX-V Exchange Approves Shares For Debt Transactions
Thenewswire· 2025-10-30 13:00
Core Points - Angkor Resources Corp. has received approval from the TSX Exchange for a 'shares for debt' transaction to address an aggregate debt of $1,922,800 owed to certain creditors [1][2] - The transaction involves the issuance of 9,156,190 shares at $0.21 each and 4,131,667 warrants, with each warrant exercisable at $0.30 for 24 months [2] - The common shares issued will be subject to a hold period of four months and one day following issuance [3] Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada [4] - The company’s mineral subsidiary, Angkor Gold Corp., holds two mineral exploration licenses in Cambodia, while its energy subsidiary, EnerCam Resources, has an onshore oil and gas license covering 4,095.1 square kilometers [5] - Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been engaged in gas/carbon capture and oil and gas production in Evesham, Saskatchewan [6]
[Video Enhanced] West Red Lake Gold Launches Rowan Drill Program After Positive PEA
Thenewswire· 2025-10-30 12:55
Core Viewpoint - West Red Lake Gold Mines is initiating a fully funded infill and conversion drilling program at its Rowan Project, aiming to enhance resource confidence and advance towards production in a favorable gold market [1][2][9]. Company Overview - West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) is focused on the Rowan Project located in the Red Lake Gold District of Northwestern Ontario, Canada, which is 80 kilometers from the Madsen Mine [1][2]. - The company aims to grow rapidly as a gold producer, targeting an annual production of 50,000 ounces from Madsen in 2026 and an additional 32,500 ounces from Rowan by 2028, potentially reaching a total production of 90,000 to 100,000 ounces per year [3][4][9]. Project Details - The Rowan Project is characterized as a high-grade, nearly vertical deposit with an average diluted head grade of 8.0 grams per tonne and an average annual production of 35,230 ounces over a five-year mine life [5][9]. - The Preliminary Economic Assessment (PEA) for Rowan, filed in July 2025, uses a conservative long-term gold price of USD$2,500 per ounce, significantly lower than current market prices [2][5]. Drilling Program Objectives - The drilling program aims to achieve three main goals: 1. Upgrade inferred resources to indicated status for inclusion in a pre-feasibility mine plan [6]. 2. Drill two veins that were not included in the mine plan due to sparse historical data [6]. 3. Collect rock material for advanced metallurgical studies to support a combined pre-feasibility study for both Madsen and Rowan [6][9]. Economic Projections - The PEA indicates a post-tax Net Present Value (NPV) of $239 million at a gold price of USD$3,250 per ounce, with an Internal Rate of Return (IRR) of 81.7% [5][9]. - The initial capital cost for developing Rowan is estimated at $70 million, with potential for a toll milling operation utilizing existing infrastructure at Madsen [5][6]. Future Plans - The company anticipates starting underground development at Rowan in 2027, with production expected to commence in 2028 [4][9]. - A combined pre-feasibility study is expected to be completed by Q3 2026, which will establish a valuation benchmark for the total Red Lake assets and inform permit applications [9].
Lexston Mining Corporation Announces Marketing Consulting Services Agreement with Spark Newswire Inc.
Thenewswire· 2025-10-30 12:45
Core Viewpoint - Lexston Mining Corporation has entered into a Marketing Consulting Services Agreement with Spark Newswire Inc. to enhance investor engagement and market awareness, with a budget of CAD 100,000 [1][3]. Group 1: Company Overview - Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and developing mineral projects to enhance stakeholder value [6]. - The company has a mineral exploration project located in British Columbia, Canada [6]. Group 2: Agreement Details - The agreement with Spark Newswire does not involve any compensation in securities of Lexston Mining Corporation [1]. - Spark Newswire is an independent party and does not own any securities of Lexston [1]. Group 3: Spark Newswire's Role - Spark Newswire is selective in its client partnerships, working only with organizations that have a strong reputation for quality and credibility [2]. - The goal of Spark Newswire is to integrate with its clients' values and assist in building shareholder and brand equity [2][4]. - Spark Newswire aims to help Lexston Mining Corporation share its story across capital markets and increase investor engagement [4]. Group 4: Previous Agreements - Lexston Mining Corporation has decided not to proceed with a previously announced Digital Marketing Agreement with Danayi Capital Corp. [5].
Hi-View Defines 2026 High-Impact Drill Targets at Golden Stranger Project in the Toodoggone District
Thenewswire· 2025-10-30 12:30
Core Insights - Hi-View Resources Inc. has identified high-impact drill targets at its Golden Stranger Project following a detailed structural interpretation [1][3] - The 2025 exploration program has defined multiple high-priority epithermal and copper-gold-silver targets within the Golden Stranger corridor [2][3] Structural Data Interpretation - The 2025 field structural mapping identified two dominant directions for veining at 103°/65° and 347°/55°, with jointing at 309°/70° and 351°/52° [4] - The main shear and orientation of a mineralized rhyolite dyke is 350°/51-56°, with secondary structures oriented at 309°/70° [4] - Historical drilling shows zones of high and low-grade intersections along the targeted primary fault direction, indicating mineralization concentration along antithetic fault sets [4] Drilling Plans and Targets - Nine preliminary drill holes are planned to test the main Golden Stranger mineralized corridor and new copper-gold anomalies identified during the 2025 fieldwork [5] - The Main Zone hosts semi-continuous mineralization over a 270-meter strike, averaging 4–7 meters true width to a depth of 80 meters, with historical trenching results including 6.9 meters grading 8.31 g/t Au [5][11] - The 2025 Copper Zone surface anomaly extends 330 meters by 70 meters, with samples showing grades up to 3.72% Cu, 2.42 g/t Au, and 1,400 ppm Ag [5][17] Future Exploration - Proposed drilling will target both primary and secondary structures at optimal angles to intersect high-grade ore shoots [5][19] - Additional 3D IP, magnetic, and VLF inversion modeling will refine drill collar placement and prioritize targets for the 2026 field season [20]
Nevis Brands Announces Major(TM) Expansion
Thenewswire· 2025-10-30 12:15
Core Insights - Nevis Brands Inc. has launched Major™ 100mg cannabis-infused shots in New Mexico, expanding its market presence and catering to consumer demand for convenient cannabis options [2][3] - The company plans to re-enter the Arizona market by the end of November 2025, leveraging previous demand and new production partnerships [3][4] - Major™ products have sold over 5 million bottles since their launch in Washington State in 2019, indicating strong market acceptance [1] Product Details - Major™ shots are dosable 100mg THC beverages that provide effects within 10-20 minutes, designed for on-the-go consumption [1][2] - The shots are available in three flavors: Blueberry, Fruit Punch, and Blackberry Lemonade [4] Company Strategy - The launch in New Mexico is part of a broader multi-state growth strategy, with expectations of success based on past performance in Arizona from 2021-2024 [4] - Nevis Brands aims to build a portfolio of iconic recreational cannabis brands, focusing on premium and approachable products [5]
Andina Copper Closes Private Placement
Thenewswire· 2025-10-30 11:00
Group 1 - Andina Copper Corporation issued 7,550,000 shares at $0.40 per share, raising gross proceeds of $3,020,000 through a private placement [1] - The company paid a total of $24,000 in finder's fees related to the offering [1] Group 2 - Andina Copper Corporation is focused on copper exploration in South America and is listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges [2] - The company holds two significant copper discoveries in the Andean porphyry belt located in Argentina and Colombia, along with an undrilled copper-gold target in Chile's Coastal Cordillera [3]
Inflection Resources Outlines Large-Scale Copper-Gold Targets on the Endurance Projects, Northern Territory, Australia
Thenewswire· 2025-10-30 10:30
Core Insights - Inflection Resources Ltd. has successfully completed the acquisition of the Endurance Projects, a significant portfolio of copper-gold projects in Australia's Northern Territory, enhancing its exploration strategy [2][6][37] Project Overview - The Endurance Projects consist of twelve exploration licenses covering a total area of 4,592 km², strategically located near a major geological structure that may localize IOCG copper-gold mineralization [3][6] - The licenses include sixteen principal target areas characterized by geophysical anomalies similar to those found at major IOCG deposits like Ernest Henry and Olympic Dam [4][6] Geological Context - The area is covered by younger rocks and alluvium, with thickness ranging from 60 to 170 m, which has historically hindered exploration efforts [5][6] - Modern exploration techniques, including high-resolution geophysical surveys, are now being employed to test these concealed targets effectively [5][6] Target Areas - The Bigeye target is identified as the highest priority, defined by an 8 km × 8 km aeromagnetic high and associated with a Bouguer gravity anomaly, indicating potential for IOCG-style mineralization [10][14] - The Barreleye target is characterized by a 2.5 km × 0.5 km magnetic high, suggesting a dense magnetic center and potential for sulphide accumulation [16] Exploration Strategy - The company is prioritizing target assessment through data compilation and engagement with Aboriginal stakeholders, applying a mineral systems approach to maximize exploration potential [2][6] - A program of first-pass air-core drilling is planned for the first half of the following year, aimed at testing the identified targets [31] IOCG Deposit Significance - IOCG deposits are among the most metal-rich mineral systems globally, with significant examples in Australia, including Olympic Dam and Ernest Henry, which serve as exploration models for the Endurance Projects [32][33] - The potential for large-scale IOCG deposits in the Endurance Projects is underscored by the favorable geological and geophysical characteristics observed [6][32]
Credissential Announces Management Cease Trade Order
Thenewswire· 2025-10-30 03:27
Core Viewpoint - Credissential Inc. is unable to file its annual financial statements by the deadline due to audit delays, resulting in a Management Cease Trade Order being granted [1][2]. Group 1: Audit Delays - The delay in completing the audit is attributed to the complexity of the financial reporting period, which involved consolidating two acquisitions and convertible note financings [2]. - Additional audit procedures were required for purchase price allocations, fair value assessments, and financial instrument accounting, extending beyond the initial timeline [2]. Group 2: Filing Expectations - The Company expects to file the Annual Filings on or before November 29, 2025, and will announce the completion through a news release [3]. - In the meantime, the Company will issue bi-weekly default status reports as per the alternative information guidelines during the MCTO [3]. Group 3: Management Cease Trade Order (MCTO) - During the MCTO, the general investing public can continue to trade the Company's common shares, but the CFO and CEO are prohibited from trading until the Annual Filings are submitted [4]. - The Company confirms it is not subject to any insolvency proceedings and has disclosed all material information regarding its affairs [5][9].
Plaid Closes the Second Tranche of Non-Brokered Private Placement
Thenewswire· 2025-10-29 23:30
Core Viewpoint - Plaid Technologies Inc. has successfully closed the second tranche of its non-brokered private placement, raising a total of $976,000 from both tranches combined, which will be used to support various operational and developmental activities [1][2][3]. Fundraising Details - The second tranche consisted of 100,000 common shares issued at $1.25 per share, generating $125,000 in proceeds [1]. - Together with the first tranche closed on October 24, 2025, the total gross proceeds from the Offering amount to $976,000 [2]. Use of Funds - The net proceeds from the Offering will supplement previously disclosed allocations in the Company's Listing Statement dated August 13, 2025. The breakdown of fund usage is as follows: - Sales & Marketing: Originally $45,000, now $50,000 additional - Management and Consulting Fees: Originally $80,000, now $30,000 additional - General & Administrative Expenses: Originally $50,000, now $25,000 additional - Development Fees: Originally $170,000, now $50,000 additional - Unallocated Working Capital: Originally $10,000, now $821,000 additional - Total: Originally $355,000, now $976,000 total raised [3][10]. Company Overview - Plaid Technologies focuses on developing and commercializing graphene-enhanced technology, particularly a proprietary graphene-infused concrete mixture aimed at applications in wellbore cement and subsurface projects [4]. - The management anticipates that this unique mixture will revolutionize well abandonment processes by integrating advanced materials with precise engineering [4].
Voyageur Pharmaceuticals Signs Non-Exclusive Distribution & Wholesale Agreement with PHALANX
Thenewswire· 2025-10-29 20:10
Core Viewpoint - Voyageur Pharmaceuticals Ltd. has signed a Non-Exclusive Distribution Agreement with Phalanx to expand its market presence in Mexico's healthcare sector, particularly in barium-based contrast media products [1][2][4]. Company Overview - Voyageur Pharmaceuticals is a Canadian public company focused on developing cost-effective imaging contrast media products, specifically barium and iodine Active Pharmaceutical Ingredients (API) [8]. - The company aims to become a key player in the contrast media market by vertically integrating its production processes, ensuring quality and cost efficiency [11]. Partnership Details - The agreement with Phalanx represents a strategic partnership aimed at driving market expansion into Mexico, with Phalanx responsible for registering and distributing Voyageur's products [2][4]. - Phalanx is a leading pharmaceutical distributor in Mexico with over 20 years of experience in the health sector, providing market entry strategies and ensuring regulatory compliance [3][5]. Market Strategy - This partnership is a significant milestone in Voyageur's international growth strategy, targeting underserved markets with increasing demand for high-quality contrast media [4]. - The sales of Voyageur's products in Mexico will depend on local regulatory approval processes, with Phalanx leading the necessary filings [4]. Operational Focus - Voyageur's Frances Creek Project is central to its business plan, aiming to produce high-quality barium sulfate contrast media that can replace less effective synthetic products currently dominating the market [10]. - The company is committed to responsible sourcing and manufacturing practices, encapsulated in its motto "From the Earth to the Bottle" [11].