Thenewswire
Search documents
Emergent Metals Corp. Completes Sale Of Its York Claims To Lahontan Gold
Thenewswire· 2025-10-23 11:30
Core Viewpoint - Emergent Metals Corp. has completed the sale of 27 unpatented lode mineral claims to Lahontan Gold Corp, which will facilitate the potential expansion of Lahontan's York resource [1][2] Transaction Details - The York Transaction includes a payment of US$10,000 upon signing the Term Sheet, a US$50,000 promissory note with a 1% monthly interest rate, and the issuance of 2,000,000 common shares of Lahontan Gold Corp. to Emergent's subsidiary [4] - The transfer of the York Claims is expected to be completed within 30 days following the signing of the Agreement and Exchange Approval [4] - Lahontan will grant Emergent a 1% NSR royalty on the York Claims, with options for Lahontan to purchase the royalty for US$500,000 before the third anniversary and US$1,000,000 between the third and seventh anniversaries of the Agreement [4] Company Strategy - Emergent is focused on gold and base metal exploration in Nevada and Quebec, aiming to acquire quality assets, enhance their value through exploration, and monetize them via various transactions [5] - The company retains other properties in Nevada, including the Golden Arrow Property and New York Canyon, which host significant mineral targets [6] Property Overview - Emergent's properties include advanced-stage gold and silver properties, as well as copper exploration properties, with strategic locations adjacent to producing or past-producing mines [6][7]
CHARBONE Completes Its First Helium Delivery to the Greater Toronto Area and Signs Three-Year Supply Agreement with Independent Distributor
Thenewswire· 2025-10-23 11:25
Core Insights - CHARBONE CORPORATION has successfully launched its Helium Division with the first delivery of 161,000 cubic feet of helium to an independent distributor in the Greater Toronto Area, marking a significant milestone in its operations [1][2] - The company has entered into a three-year supply agreement with the distributor, ensuring a reliable supply of several million cubic feet of helium to the Ontario market, which diversifies its product portfolio [3] - The global helium market is projected to grow by USD 2 billion from 2024 to 2030, with an average annual growth rate of 6.7%, indicating a favorable market environment for CHARBONE's expansion [4] Company Overview - CHARBONE specializes in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific, focusing on building a distributed network of green hydrogen production plants [5] - The company aims to provide strong alternatives for independent distributors across Canada, enhancing its market presence and addressing the growing demand for specialty gases [4][5]
Panther Minerals Announces Amended Terms of Non-Brokered LIFE Offering and Concurrent Private Placement
Thenewswire· 2025-10-23 03:45
Core Points - Panther Minerals Inc. is proceeding with a non-brokered private placement and listed issuer financing exemption offering on amended terms [1] - The offering will consist of up to 627,000 units at a price of $0.16 per unit, aiming for gross proceeds of up to $100,320 [2] - Concurrently, the company plans a private placement of up to 2,200,000 units at the same price, targeting minimum gross proceeds of $1,000,000 and maximum of $2,200,000 [3] Offering Details - Each unit in the offering includes one common share and one warrant, with warrants allowing the purchase of a common share at $0.21 for 24 months [2] - The private placement units will also consist of one common share and one warrant, with warrants priced at $0.25 for 24 months [3] - All securities issued will be subject to a statutory hold period of four months and one day [4][5] Use of Proceeds - Net proceeds from both offerings are intended for general corporate purposes, working capital, and repayment of outstanding debts [8] - A portion may also be allocated to payments under existing option agreements for mineral properties [8] Regulatory Compliance - The offerings will comply with applicable regulatory requirements and will not require security holder approval due to the company's financial situation [9][10] - The company had a working capital deficit of approximately $(405,000) as of September 30, 2025, necessitating these offerings [10] Company Overview - Panther Minerals Inc. focuses on the acquisition and exploration of mineral properties with high potential for development [12]
IDEX Metals Announces Upsize of Non-Brokered Private Placement of Units
Thenewswire· 2025-10-23 00:15
Core Points - IDEX Metals Corp. has increased its non-brokered private placement from $2,000,000 to $5,320,500 due to significant market demand [1] - The offering will consist of up to 8,867,500 units priced at $0.60 per unit, aiming for aggregate gross proceeds of up to $5,320,500 [1][2] - Each unit includes one common share and one-half of a share purchase warrant, with each whole warrant exercisable at $0.90 per share for 24 months [2] - The proceeds will be used for exploration of mineral properties in Idaho and for general working capital [5] - The offering is subject to customary conditions, including TSX Venture Exchange approval [4] Company Overview - IDEX Metals Corp. is focused on mineral exploration, particularly in base and precious metal projects in Idaho, USA [8] - The company is advancing the Freeze Copper-Gold porphyry prospect in the Idaho Copper District, surrounded by major industry players [8]
Credissential Announces Closing First Tranche Of Convertible Note Financing
Thenewswire· 2025-10-22 22:30
Core Points - Credissential Inc. has successfully closed the first tranche of its convertible note offering, raising gross proceeds of $360,750 CAD [1] - The convertible notes carry an interest rate of 20% per annum and have a maturity date of twelve months from issuance [2] - The notes are convertible into common shares at a price equal to the closing price on the Canadian Securities Exchange, with a minimum conversion price of $0.05 per share [2] - The net proceeds from the offering will be used to repay certain debts owed to creditors [6] Summary by Sections Offering Details - The offering consists of senior unsecured convertible notes issued to Helena Special Opportunities, LLC [1] - The notes rank pari passu with existing and future senior unsecured indebtedness, senior to subordinated indebtedness, and junior to secured indebtedness [3] - The company has the option to redeem the notes prior to maturity by providing ten trading days' notice and paying 110% of the principal amount being redeemed [4] Ownership Limitations - The convertible notes include a 9.99% ownership limitation, preventing HSO and any joint actors from owning more than 9.99% of the company's common shares post-conversion [5] Regulatory Compliance - All securities issued under the offering are subject to a statutory hold period of four months and one day from the date of issuance in accordance with Canadian securities laws [7] Company Overview - Credissential is an AI-powered financial services software developer [8]
Hybrid Power Solutions Announces Non-Brokered Life Offering
Thenewswire· 2025-10-22 21:05
Core Viewpoint - Hybrid Power Solutions Inc. is initiating a non-brokered private placement to raise between approximately CDN$1,000,000 and CDN$2,000,000 by offering 16,666,667 to 33,333,333 units at a price of CDN$0.06 per unit [1] Group 1: Offering Details - Each unit will consist of one common share and one whole common share purchase warrant, with the warrant exercisable at CDN$0.10 for 24 months [2] - The company may accelerate the expiry of the warrants if the share price exceeds CDN$0.20 for 20 consecutive trading days [2] - Certain insiders may participate in the offering, which is expected to be exempt from formal valuation and minority shareholder approval requirements [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for company operations, product and company research and development, sales growth initiatives, marketing, and general corporate purposes [4] Group 3: Regulatory Compliance - The units will be offered to purchasers in Canada (excluding Quebec), the United States, and offshore jurisdictions, in compliance with applicable regulatory requirements [5] - The shares and warrants are expected to be immediately freely tradeable under Canadian securities legislation [5] - Completion of the offering is subject to necessary regulatory approvals, including from the Canadian Securities Exchange [7] Group 4: Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator focused on developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications [10]
Windfall Geotek Announces Private Placement
Thenewswire· 2025-10-22 19:45
Core Points - Windfall Geotek is conducting a non-brokered private placement of up to 25,000,000 units at a price of $0.02 per unit, aiming for maximum gross proceeds of $500,000 [1] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of a common share at an exercise price of $0.05 for two years [1] - The net proceeds will be allocated for working capital and bona fide debt settlement, excluding payments for accrued salaries to officers or directors [2] Company Overview - Windfall Geotek has been utilizing Artificial Intelligence (AI) in the mining sector since 2005, focusing on digital exploration [3] - The company has a multidisciplinary team that includes professionals in geophysics, geology, AI, and mathematics, making it a pioneer in AI-driven mineral exploration [3] - Windfall Geotek aims to validate AI-generated targets and enhance shareholder value while expanding applications into areas such as landmine detection [3]
Scisparc Ltd. - Early Warning Regarding Acquisition Of Common Shares Of Neurothera Labs Inc.
Thenewswire· 2025-10-22 19:30
Core Points - SciSparc Ltd. has completed a reverse takeover of NeuroThera Labs Inc., acquiring significant shares and rights in the process [2][4] - The transaction involved the acquisition of 63,300,000 common shares, 4,000,000 common share purchase warrants, and 48,000,000 contingent rights [2][4] - Following the transaction, SciSparc holds approximately 75% of the issued shares on a non-diluted basis and 84.53% on a partially diluted basis [4] Summary by Sections Acquisition Details - SciSparc acquired 63,300,000 common shares, 4,000,000 payment warrants, and 48,000,000 contingent rights of NeuroThera Labs Inc. as part of a qualifying transaction [2][4] - The payment warrants allow SciSparc to purchase additional common shares at $0.25 each until October 22, 2030 [3] Ownership Structure - Prior to the transaction, SciSparc did not hold any shares in NeuroThera Labs Inc. [4] - The deemed value of the acquired common shares is $0.25 per share [4] Future Intentions - SciSparc's holdings in NeuroThera Labs Inc. are for investment purposes, with no current plans to acquire or dispose of additional securities [5]
Arizona Gold & Silver Enters Into Investor Relations Agreement
Thenewswire· 2025-10-22 15:30
Core Points - Arizona Gold & Silver Inc. has entered into an investor relations contract with Rose Athena Allan-McCachen effective October 1, 2025, to provide various corporate services [1] - The agreement includes the issuance of 50,000 stock options to the Consultant after a probationary period, with a five-year term and specific vesting schedule [2] - The Consultant will receive an annual cash fee of $60,000, payable in monthly installments, funded from the company's general working capital [2] - The Consultant has no current interest in the company or its securities and will comply with applicable securities laws [3] - Arizona Gold & Silver Inc. focuses on exploring precious metal resources in Arizona and Nevada, with a commitment to sustainable practices [4] Company Overview - Arizona Gold & Silver Inc. is a leading exploration company targeting precious metals, particularly at its flagship Philadelphia gold-silver property [4] - The company is currently drilling to assess an epithermal gold-silver system ahead of an initial resource calculation [4]
Nevis Brands Reports Q3 2025 Results: Quarterly Revenue Growth of 16% Amid Expanding Markets
Thenewswire· 2025-10-22 13:20
Core Insights - Nevis Brands Inc. reported strong revenue growth in Q3 2025, achieving a 16% increase compared to Q2, marking the third consecutive quarter of growth [2][3] - The company is focusing on expanding its hemp-derived THC product line, particularly the Happy Apple™ beverage, which is showing promising early performance [3][7] Financial Highlights - Revenue for Q3 2025 reached $478,808, up from $418,745 in Q2 [6] - Gross profit was $302,156, slightly down from $315,345 in Q2, with gross profit margins at 63% [6] - The net income improved to -$22,639 from -$92,458 in Q2, and when excluding non-cash depreciation expenses, the net income was $40,298 [6] Operational Highlights - Nevis experienced revenue growth from new market entries in New Jersey and Missouri, with flagship brands Major™ and Happy Apple™ gaining traction [4][5] - The company is expanding its distribution network for hemp-derived THC beverages, particularly in Wisconsin and continuing sales in North Carolina and South Carolina [5] - The licensing model remains efficient, with strong performance in primary licensed markets such as Washington, Missouri, New Jersey, and Colorado [5] Market Expansion - Nevis is poised for wider national distribution through additional distributor agreements, with new partnerships expected to close in the coming months [7] - The company anticipates continued revenue momentum into fiscal 2026, focusing on scaling hemp-derived offerings while maintaining disciplined cost management [7]