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Providence Gold Mines Inc. Receives Regulatory Approvals for Fundamental Transaction & The La Dama de Oro Gold Property NI 43-101 Report
Thenewswire· 2025-10-22 13:00
 VANCOUVER – October 22, 2025 – TheNewswire - Providence Gold Mines Inc. (“Providence” or the “Company”) is very pleased to announce that the Company has received TSXV Regulatory conditional approval for its Fundamental La Dama de Oro Reviewable Transaction, the La Dama de Oro NI 43 101 report can be reviewed on SEDAR. The consideration payable by the Company to the Optionor “Mohave Gold Mining and Exploration Inc”. a privately held company under the laws of Nevada duly operating in the State of California ...
Cariboo Rose Resources Commences Drilling at Lightning Strike Gold-Silver Project
Thenewswire· 2025-10-22 13:00
Core Insights - Cariboo Rose Resources Ltd. has commenced diamond drilling at its 100%-owned Lightning Strike Gold-Silver Property in British Columbia, located approximately 65 kilometers northeast of 100 Mile House [1] Group 1: Project Overview - The Lightning Strike Property is characterized by gold and gold-silver mineralization within Upper Triassic black phyllites, with significant historical drill intercepts reported [2] - The project now encompasses a total area of 4,193 hectares following the acquisition of additional claims in January 2025 [5] Group 2: Mineralization Details - Recent drilling has returned silver values up to 72.8 g/t, while previous drilling by Spanish Mountain Gold reported values as high as 705.0 g/t silver, indicating the potential for high-grade gold mineralization [3] - Shale-hosted gold deposits, such as those at Lightning Strike, are considered attractive models for large-scale gold systems globally, with notable examples including the Muruntau and Sukhoi Log deposits in Russia [4] Group 3: Drill Results - Recent drill results include: - 0.77 g/t gold over 54.0 meters - 3.42 g/t gold and 228.1 g/t silver over 5.0 meters - 2.88 g/t gold over 24.0 meters - 8.84 g/t gold over 7.5 meters [7]
Cameo Acquires a 100% Interest in the Kempton Gold Project In Tanzania
Thenewswire· 2025-10-22 12:30
 October 22, 2025 - TheNewswire - SURREY, British Columbia – Cameo Resources Inc. (CSE: MEO) (“Cameo” or the “Company”) is pleased to announce that it has closed its previously announced (October 10, 2025) arms-length Securities Exchange Agreement dated September 29, 2025 with 1315418 B.C. Ltd. (“Privco”), a British Columbia Incorporated company to acquire a 100% right, title, and interest in the Kempton Gold Project (the “Property”), located in the Geita region of Tanzania (the “Acquisition”)’Cameo will i ...
Herbal Dispatch Drives Sustained Growth and Retail Support Amid BCGEU Strike, Boosting Shareholder Value
Thenewswire· 2025-10-22 12:30
Core Insights - Herbal Dispatch Inc. is experiencing significant growth opportunities due to the ongoing BCGEU strike, which has disrupted central distribution operations at the BC Liquor Distribution Branch, leading retailers to rely on independent wholesalers and direct delivery programs [1][2] Group 1: Market Impact - The LDB typically distributes around $50 million in cannabis to BC dispensaries each month, and the closure of these distribution centers has resulted in a substantial increase in order volumes for Herbal Dispatch as retailers seek to maintain inventory [2] - Prior to the strike, Herbal Dispatch held a 35% share of BC's direct delivery market, and with the LDB's central distribution offline, the company is capitalizing on increased demand, enhancing its market penetration [3] Group 2: Strategic Advantages - Herbal Dispatch's scalable e-commerce platform and strong relationships with local producers enable efficient direct-to-retailer fulfillment, ensuring dispensaries remain well-stocked during the disruption [3] - The company anticipates that the strengthened partnerships with retailers during this period will foster long-term loyalty and drive sustained growth in its direct delivery operations, enhancing market leadership and shareholder value [4] Group 3: Commitment to Retailers - Herbal Dispatch remains dedicated to supporting BC's cannabis retailers and will continue to monitor the situation closely, providing updates as developments unfold [5]
CHARBONE Announces the Reception of the Main Components at the Sorel-Tracy Site and the Launch of Civil Works
Thenewswire· 2025-10-22 11:25
Core Insights - CHARBONE CORPORATION has successfully received all major components of its production equipment at the Sorel-Tracy site, marking a significant milestone in its project to produce clean Ultra High Purity (UHP) hydrogen [1][2][4] - The mobilization of site teams is set to continue, with civil works officially launching on October 27, 2025, leading to the reinstallation and commissioning of equipment scheduled for November 2025 [2][5] - The CEO of CHARBONE expressed pride in the team's work, emphasizing the importance of this delivery for local clean hydrogen production and the company's modular project approach [4][5] Company Developments - The recent delivery of equipment is part of a strategic transaction announced on October 7, 2025, which allowed CHARBONE to secure hydrogen production assets, reducing capital costs and accelerating time to market [5] - CHARBONE is focused on building a distributed network of green hydrogen production plants while diversifying its revenue through helium and specialty gas partnerships, positioning itself as a leader in the low-carbon transition [6]
Northern Lights Announces Change of CFO and Appointment of Additional Director
Thenewswire· 2025-10-22 11:00
Core Insights - Northern Lights Resources Corp. has appointed Mr. Leon Ho as Chief Financial Officer, effective October 21, 2025, succeeding Mr. Albert (Rick) Timcke, who will focus on his role as Executive Chairman, President, and Director [1][4] - The company has also welcomed Mr. Steven McMullan to its Board of Directors, bringing over 40 years of international experience in mineral exploration and discovery [3][4] Group 1: Leadership Changes - Mr. Leon Ho is a Chartered Professional Accountant with extensive experience in the mining exploration sector and is a principal at Cross Davis & Company LLP [2] - Mr. Albert (Rick) Timcke has stepped down from the CFO role but will continue to provide leadership at the board level [1][4] Group 2: Board Enhancements - Mr. Steven McMullan's appointment adds significant technical expertise to the Board, as he has been involved in major mineral discoveries and currently serves as Chief Technical Advisor of Karus Mining Inc. [3][4] - The company aims to leverage Mr. McMullan's geophysics expertise to advance its exploration and development strategy [4] Group 3: Company Overview - Northern Lights Resources is focused on two key projects: the Horetzky Copper Project in British Columbia and the Secret Pass Gold Project in Arizona, along with a 1% NSR royalty on the Medicine Springs Silver Project in Nevada [5]
Headwater Gold Commences Drilling at TJ Project, Nevada
Thenewswire· 2025-10-22 10:30
Vancouver, British Columbia - TheNewswire - October 22, 2025: Headwater Gold Inc. (CSE: HWG) (OTCQB: HWAUF) (the "Company" or "Headwater") is pleased to announce the commencement of drilling on the TJ project, located in northeastern Nevada. The program is expected to total approximately 1,500 metres of core drilling, fully funded through an earn-in agreement with OceanaGold Corporation (TSX: OGC, OTCQX: OCANF) (“OceanaGold”) announced on October 15, 2025.Highlights: Approximately 1,500 metres of core dri ...
Cleango Innovations Inc Enters Global Remediation Market with Agritech BC Joint Venture LOI
Thenewswire· 2025-10-22 10:00
Core Insights - CleanGo Innovations Inc. and Agritech BC have signed a Non-Binding Letter of Intent for a proposed 50/50 joint venture to develop and commercialize bioremediation technologies [1][2] - The joint venture aims to leverage Agritech's scientific expertise and CleanGo's commercial infrastructure to meet the growing global demand for sustainable cleanup methods [2][4] - The global bioremediation market is projected to grow from USD 19.8 billion in 2025 to USD 59.5 billion by 2034, with a CAGR of 13.0% [3] Joint Venture Details - The joint venture will focus on three proprietary biotechnologies: MycoSet™ Delivery System, BioIngress™ Biostimulant System, and PhytoCentra™ Surfactant System [6][7] - CleanGo proposes to acquire a 49% ownership stake in Agritech, with both transactions subject to due diligence and board approvals [2][3] - A joint board of directors will be established, with both companies sharing facilities and resources for R&D and deployment [7] Market Strategy - CleanGo will lead international marketing efforts, targeting major markets in the U.S., Europe, Canada, South America, and the Middle East [4] - The partnership aims to position the joint venture as a leader in sustainable environmental restoration, addressing the need for ESG-compliant solutions [4][6] - The collaboration is expected to enhance the commercialization of Agritech's technologies, transitioning them from lab-tested success to global deployment [9]
Gamma Resources Announces Grant of Stock Options
Thenewswire· 2025-10-21 23:00
Core Viewpoint - Gamma Resources Ltd. has approved the grant of stock options to directors, officers, and consultants, reflecting the company's strategic positioning in the uranium market amid favorable policy changes and supply-demand dynamics [1][2]. Company Summary - Gamma Resources Ltd. is focused on uranium exploration and development in the U.S., with key projects including the Green River Project in Utah (1,100 acres) and the Mesa Arc Project in New Mexico (4,520 acres) [3]. - The company aims to leverage the supportive policy environment and market conditions to supply responsibly sourced uranium [3]. Industry Context - The U.S. government has designated uranium as a critical mineral, enabling expedited permitting and prioritization of uranium mining and related activities [5]. - A significant supply-demand imbalance in the uranium market has led to rising prices, with spot uranium prices increasing from approximately $63/lb in early 2025 to over $80/lb by October 2025 [5]. - Nuclear energy is increasingly recognized as a reliable, carbon-free energy source, prompting Western governments to invest in nuclear deployment and domestic fuel chains [5].
Ares Strategic Mining Closes Second Tranche of LIFE Offering
Thenewswire· 2025-10-21 21:30
Core Viewpoint - Ares Strategic Mining Inc. has successfully closed the second tranche of its unit offering, raising a total of $5,499,850, bringing the aggregate amount raised under the LIFE Offering to approximately $10.5 million [1][2]. Group 1: Offering Details - The second tranche involved the issuance of 12,221,889 units at a price of $0.45 per unit [1]. - Each unit consists of one common share and one-half of a non-transferable common share purchase warrant, with each warrant exercisable at $0.55 for two years [3]. - The company amended its offering document to allow for the issuance of up to 12,222,220 units under the amended LIFE Offering [2]. Group 2: Finder's Fees - In connection with the closing of the second tranche, the company paid $267,965.98 in cash and issued 595,480 finder's warrants as finder's fees [4]. - Each finder's warrant allows the holder to acquire one common share at a price of $0.55 for two years, subject to a 4-month hold period [4]. Group 3: Hedging Arrangements - Concurrently with the second tranche closing, the company entered into hedging arrangements with Sorbie Bornholm LP, utilizing $1 million of the proceeds to acquire UK government bonds as credit support [6]. - The hedging transactions will be settled in 24 monthly tranches based on the volume-weighted average price of the common shares against a benchmark price of $0.63 [7]. - If the common share price meets or exceeds the benchmark, the company could receive more than $1 million over the settlement period [7]. Group 4: Correction of Previous Announcement - The company corrected a previous announcement regarding the exercise price of the first tranche finder's warrants, clarifying that the correct price is $0.55, not $0.45 [5].