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Panther Minerals Terminates Option Agreement For Boulder Creek Uranium Project
Thenewswire· 2025-07-12 03:30
Core Viewpoint - Panther Minerals Inc. has formally terminated its option to acquire the Boulder Creek uranium property in Alaska and returned all associated claims to Tubutulik Mining Company LLC [1][2]. Group 1: Termination of Option - The option agreement for the Boulder Creek Project, initiated on April 13, 2024, automatically ended on June 15, 2025, due to Panther's decision not to make the required annual option payment [2]. - The company has executed a quitclaim deed to relinquish all rights and interests in the 140 Alaska State mining claims associated with the Boulder Creek Project [2]. Group 2: Project Background - The Boulder Creek Project was an early-stage uranium exploration initiative located in a historically uranium-active region [3]. - Initial assessments, data compilation, and site review activities were completed, but the company chose not to advance to the next exploration stage due to seasonal, logistical, and capital considerations [3]. Group 3: Future Commitments - Panther Minerals remains focused on advancing its other high-potential exploration assets across North America and will keep shareholders updated on new developments [4]. - The termination of the Boulder Creek option reflects the company's strategic decision to reallocate resources to more promising projects within its portfolio [8].
Fitzroy Minerals Announces Grant of Stock Options
Thenewswire· 2025-07-12 00:40
Core Points - Fitzroy Minerals Inc. has granted 5,900,000 stock options to directors, officers, and consultants under its stock option plan [1][2] - The options are exercisable at a price of $0.35 per common share until July 11, 2030, with immediate vesting and a hold period of four months and one day [2] - The grant of options constitutes a related party transaction, exempt from formal valuation and minority shareholder approval due to specific exemptions [2] Company Overview - Fitzroy Minerals is focused on exploring and developing mineral assets in the Americas, with projects including Caballos Copper and Polimet Gold-Copper-Silver in Chile, Taquetren Gold in Argentina, and Caribou in Canada [3] - The company's shares are listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF [3]
JZR Gold Inc. Announces Private Placement Offering of Units to Raise Up To $1,500,000
Thenewswire· 2025-07-12 00:20
Core Viewpoint - JZR Gold Inc. is initiating a non-brokered private placement offering to raise up to $1,500,000 through the sale of 5,000,000 units at a price of $0.30 per unit, which will consist of common shares and warrants [1][4] Group 1: Offering Details - The offering will consist of units priced at $0.30 each, with each unit comprising one common share and one share purchase warrant [1] - The total gross proceeds from the offering are expected to be up to $1,500,000 [1] - Each warrant will allow the holder to purchase an additional common share at an exercise price of $0.40 for two years after the offering closes [1] - The offering may close in multiple tranches and is subject to regulatory approvals [3] Group 2: Use of Proceeds - The net proceeds from the offering will be used to fund operations of an 800 tonne-per-day gravimetric mill and future exploration work on the Vila Nova Gold project in Brazil [4] - The mill is reported to be fully operational, with minor improvements being made to enhance efficiency [4] Group 3: Regulatory and Compliance - The offering will be conducted under available prospectus exemptions as per applicable securities laws [2] - The securities issued will be subject to a hold period of four months and one day from the date of issuance [3]
Giant Mining Aligns with White House "America First" Strategy to Fast-Track Critical Minerals and Reshore the U.S. Copper Supply Chain
Thenewswire· 2025-07-11 23:15
Core Viewpoint - Giant Mining Corp. supports the U.S. Government's commitment to fast-track permitting for critical mineral projects, emphasizing the importance of domestic copper production for national security and economic independence [1][3]. Government Initiatives - The U.S. Government has implemented several strategic initiatives to enhance domestic copper supply chains, including fast-tracked permitting, mobilization of the Defense Production Act, and prioritization of copper extraction by federal agencies [4][5][6]. - A 50% tariff on imported copper was imposed in July 2025 to reduce reliance on foreign supply chains, which has already increased domestic demand for U.S.-sourced copper [7]. Project Development - Giant Mining is advancing exploration at the Majuba Hill Copper-Silver-Gold Project, with a focus on a new drill program and a pending Mineral Resource Estimate [8]. - The project is located in a top-ranked mining jurisdiction in Nevada, covering 9,684 acres, and has a solid infrastructure foundation for large-scale operations [9][13]. Exploration and Mineralization - The Majuba Hill project has shown indications of a potentially large mineralized body, with significant expansion potential based on recent drilling activities [9]. - Approximately 89,395 feet of drilling has been conducted to date, with a historical replacement value of USD 12.1 million [9]. Quality Assurance - The company employs a robust QA/QC program for sample analysis, ensuring high standards in mineral testing and data integrity [10].
Germanium Mining Corp. Announces Non-Brokered Private Placement and Debt Settlement
Thenewswire· 2025-07-11 23:00
VANCOUVER, BRITISH COLUMBIA, JULY 11, 2025 – TheNewswire - GERMANIUM MINING CORP. (“GERMANIUM MINING” OR THE “COMPANY”) (CSE: GMC; OTCQB: EMSKF; FSE: 1I30) announces it has arranged a non-brokered private placement of up to 2,500,000 million units (each a “Unit”) at a price of 10 cents per unit for gross proceeds of up to CAD $250,000 (the “Private Placement”). Each unit will consist of one common share (each, a “Share”) and one transferable common share purchase warrant (each, a “Warrant”). Each warrant e ...
VanadiumCorp Closes First Tranche of Financing
Thenewswire· 2025-07-11 21:10
Core Viewpoint - VanadiumCorp Resource Inc. has received conditional approval for a non-brokered private placement financing of up to $500,000 from the TSX Venture Exchange [1][3] Financing Details - The financing consists of up to 4,545,455 units priced at $0.11 each, with each unit comprising one common share and one common share purchase warrant [2] - Each warrant is exercisable for an additional common share at $0.15 for a period of two years from the date of issue [2] - The first tranche of the financing has been closed, issuing 1,590,909 units for total gross proceeds of $174,999.99 [3] - The financing is subject to final approval from the Exchange, and all securities issued will be under a four-month hold from the date of issue [3] - Proceeds from the financing will be used for working capital and general corporate purposes [3] Company Overview - VanadiumCorp is a Canadian critical metals exploration company that owns 100% of two strategic properties in Quebec: The Iron T and the flagship Lac Doré property [5] - The company is advancing innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects [5] - Successful implementation of these technologies is expected to ensure a stable, long-term supply of critical metal deposits, including vanadium feedstock for electrolyte production [5] - The initial electrolyte facility located in Val-des-Sources, Quebec, will evaluate output quality and facilitate initial electrolyte production [5] - The company plans to expand electrolyte production for the international market, specifically for long-duration Vanadium Flow Batteries (VRBs) [5]
Gold'n Futures Announces Property Acquisitions and Assignment of Claims
Thenewswire· 2025-07-11 20:35
Core Viewpoint - Gold'n Futures Mineral Corp. has completed a strategic corporate restructuring involving the acquisition of six British Columbia companies and the assignment of non-core mineral claims in Newfoundland and Labrador, aimed at strengthening its asset base and simplifying its capital structure [1][4]. Acquisition Details - The company acquired all issued and outstanding shares of six British Columbia-incorporated companies, which own mineral claims in south-central British Columbia, resulting in Gold'n Futures holding 100% legal and beneficial interests in these claims [2][3]. - The acquired BC Claims are located in a key area of British Columbia's copper-porphyry belt, near Rock-Creek Canyon and the Eagle Plains rare-earth extension zone, with potential for copper-gold and rare-earth mineralization [3]. Debt Elimination - In a concurrent transaction, the company assigned the Brady Claims in Newfoundland and Labrador to a director, Stephen Wilkinson, in exchange for the release of $220,537.59 in outstanding shareholder loans and other indebtedness, significantly improving the company's balance sheet [4]. Board Approval - The Board of Directors unanimously approved both the acquisition and the assignment transactions, with no finder's fees involved and no change of control of the company resulting from these transactions [5].
Ventripoint and Lishman Global Sign Non-binding Term Sheet Defining License for VMS+ Technology
Thenewswire· 2025-07-11 14:35
Toronto, Ontario – TheNewswire - July 11, 2025 – Ventripoint Diagnostics Ltd. (“Ventripoint” or the “Corporation”), (TSXV:VPT) is pleased to announce that it has signed a non-binding term sheet with Lishman Global Inc. outlining the exclusive , non-transferable license of Ventripoint technology for use within Lishman’s echocardiography image platform in the People’s Republic of China including the Special Administrative Regions of Hong Kong and Macao (the “Territory”). Previously, Lishman’s Chinese subsi ...
Anon Announces Private Placement and Corporate Update
Thenewswire· 2025-07-11 13:30
Core Viewpoint - Anonymous Intelligence Company Inc. is expanding its business strategy by developing SimpliiCrypto, an early-stage cryptocurrency project, under the leadership of CEO Denis Franks [1][2] Group 1: Business Strategy and Developments - The company is undertaking a non-brokered private placement of up to 5,000,000 units at a price of $0.15 per unit, aiming for gross proceeds of up to $750,000 [3] - The net proceeds from the offering will be used to broaden the technology business strategy, including cryptocurrency staking, mining, blockchain technology, and the development of decentralized applications [4] - A portion of the proceeds will be invested in a globally recognized cryptocurrency, with plans to stake the tokens quarterly to generate revenue [5] Group 2: Strategic Alliances - The company is seeking further strategic opportunities involving cryptocurrency-related assets through cash and equity arrangements [6] - ANON has entered into a strategic alliance with CannÖgen International, which focuses on health and wellness products, to secure appreciating assets that support shareholder value [7][8] - CannÖgen has issued ANON 444,444 warrants exercisable into common shares at a price of $0.1125 per share for two years, and ANON holds approximately a 1% ownership interest in CannÖgen [9] Group 3: Product Development - ANON is advancing the development of its proprietary Software Development Kit (SDK) and Virtual Private Network (VPN), which are being rebranded as Simplii Ai and Simplii VPN [10] - Under Mr. Franks' leadership, the company has significantly increased its market capitalization and improved its balance sheet by reducing over $350,000 in outstanding debt [11]
Baru Gold Increases Private Placement Allotment
Thenewswire· 2025-07-11 13:00
July 11, 2025 – TheNewswire - Vancouver, BC - Baru Gold Corp (BARU: TSX.V | BARUF: OTCQB) (“Baru” and its subsidiary PT. Tambang Mas Sangihe (“TMS”) or the “Company”) announces that further to its news release regarding the non-brokered private placement dated July 9, 2025, the Company is increasing the offer to up to 15,294,118 units priced at $0.085 per unit for total proceeds of $1,300,000 (the “Private Placement”). The funding will support working capital and particular pre-production expenses, enabl ...