Workflow
Thenewswire
icon
Search documents
First Tellurium Engages Hillside Consulting and Media Inc.
Thenewswire· 2025-10-15 21:00
Group 1 - First Tellurium Corp. has engaged Hillside Consulting and Media Inc. for marketing and distribution services from October 15, 2025, to October 21, 2025 [1] - The marketing services provided by Hillside will include digital marketing, SEO, email and social media management, content creation, and ad production to enhance corporate awareness [1] - The company will compensate Hillside with a cash fee of $15,000 plus applicable taxes, and Hillside does not currently hold any shares in First Tellurium [1] Group 2 - First Tellurium's business model focuses on generating revenue through mineral discovery, project development, and the development of tellurium-based technologies [2] - The company is listed on the Canadian Securities Exchange under the symbol "FTEL" and on the OTC under the symbol "FSTTF" [2]
Golden Cariboo Closes First Tranche of Private Placement
Thenewswire· 2025-10-15 19:50
Core Viewpoint - Golden Cariboo Resources Ltd. has successfully closed a first tranche of a private placement, raising $311,500 from the issuance of 6,230,000 units at $0.05 per unit, with a total subscription of $1,050,500 reported [1][2]. Financing Details - The proceeds from the offering will be allocated for property exploration and general working capital [2]. - Each unit consists of one common share and one share purchase warrant, with exercise prices set at $0.075, $0.10, $0.15, $0.20, and $0.25 over the next five years [1]. - Finder's fees amounting to $23,600 and 472,000 finder warrants will be paid in connection with the first tranche [2]. Company Overview - Golden Cariboo Resources Ltd. is focused on exploring the Quesnelle Gold Quartz Mine property, which is part of the historical Cariboo Gold Rush area [4]. - The property spans 94,899 hectares (234,501 acres) and is located near significant geological features, including the Spanish and Eureka thrust faults [4]. - The Quesnelle Quartz gold-silver deposit has a historical footprint of approximately 150m x 150m (< 6 acres) and shows geological similarities to other major deposits [5].
Tribeca Resources Upsizes Previously Announced Non-Brokered Private Placement to C$6.5 Million and Provides Clarification Regarding Prior Announcement
Thenewswire· 2025-10-15 18:50
Core Viewpoint - Tribeca Resources Corporation has increased its non-brokered private placement offering due to strong investor demand, raising the total units from 23,809,523 to 30,952,380 for gross proceeds of up to $6,500,000 at a price of $0.21 per unit [1] Offering Details - The offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.30 within the first 12 months and $0.40 in the subsequent 12 months [2] - The offering is subject to a minimum subscription amount of $2,000,000 and is being completed under the listed issuer financing exemption [3] Use of Proceeds - Proceeds from the offering will primarily be used for exploration activities at the La Higuera Project and may also be allocated to the Jiguata Project, contingent upon raising more than the minimum offering amount and obtaining necessary regulatory approvals [4] Closing Conditions - The closing of the offering is expected by October 29, 2025, and is subject to approval from the TSX Venture Exchange [6] Insider Participation - Certain directors and management are expected to participate in the offering, which may be considered a related party transaction but will be exempt from formal valuation and minority shareholder approval requirements [7] Jiguata Project Update - The company is working towards finalizing a definitive purchase option agreement for the Jiguata Project, with a deadline of October 31, 2025, but there is no guarantee of entering into the agreement [8] Company Overview - Tribeca Resources is focused on copper exploration in northern Chile, with a management team experienced in discovering and developing copper assets [9] - The company's flagship property is the La Higuera Project, which spans 4,147 hectares in the Chilean Coastal IOCG Belt [11]
Granada Gold Mine Reviews the Potential of 1 Gram per Tonne Gold in an Open Pit Resource at Minesite
Thenewswire· 2025-10-15 14:50
Core Viewpoint - Granada Gold Mine Inc. is reviewing the potential for an open pit resource at the Granada Minesite due to the current increase in gold prices, specifically targeting a grade of 1 gram per tonne [1] Company Overview - Granada Gold Mine Inc. operates the Granada Gold Property near Rouyn-Noranda, Quebec, which spans 14.73 square kilometers and is adjacent to the Cadillac Break [12] - The company is currently conducting a large drill program, having completed 20,000 meters out of a planned 120,000 meters, with drilling paused to evaluate existing data and market conditions [12] Resource Estimates - The fully permitted resource is shovel-ready, with 80% of the 5.5-kilometer mineralized structure open for exploration, indicating potential for significant resource increases [2] - Historical resource estimates from May 2017 indicated a total measured and indicated resource of 21,575,500 tonnes at an average grade of 1.16 grams per tonne, equating to 807,700 ounces of gold [3][4] - An updated resource estimate as of August 2022 reported 543,000 ounces of gold in the Measured and Indicated category and 456,000 ounces in the Inferred category, with average grades of 2.05 grams per tonne and 4.71 grams per tonne respectively [10][11] Historical Context - The Granada Gold Mine operated as an underground mine in the 1930s, producing gold at grades of 9-10 grams per tonne from two shafts [2][13] - Historical production from the mine totaled over 50,000 ounces of gold at an average grade of 10 grams per tonne [14] Development Plans - The current development plan proposes to operate as an open pit followed by a higher-grade underground mine, leveraging the existing mineralized zones [2]
Arizona Gold & Silver Reports On Continuing Philadelphia Project, Arizona Metallurgical Program - Core Drilling Program Resumes
Thenewswire· 2025-10-15 14:45
Core Insights - Arizona Gold & Silver Inc. announced positive results from column leach tests at the Philadelphia Project, indicating the effectiveness of HPGR crushing for gold and silver extraction [1][2] - The company is resuming core drilling to further explore the high-grade intercepts previously identified [1][8] Metallurgical Work Highlights - After 119 days of leaching, the bulk sample crushed by HPGR to -6.3mm achieved a 76% recovery rate for gold and 40% for silver, which is 16% higher for gold and 12% higher for silver compared to conventional crushing methods [2] - Initial recoveries were 51% for gold and 26% for silver after 4 days, and 60% for gold and 32% for silver after 20 days [2] - The goal is to achieve an 80% recovery of total contained gold within 150 days at the -6.3mm crush size [2] Exploration Update - The core drill is set to target the Perry Vein, aiming to drill 60 meters north of a previously reported high-grade intercept of 20.43 meters grading 9.04 gpt Au and 34 gpt Ag [1][8] - The exploration drilling has established substantial volumes of stockwork material above the high-grade zone, which carries gold grades of 0.4-1.5 gpt [4] Processing and Economic Viability - The metallurgical program aims to demonstrate the potential viability of heap leach operations alongside underground development of high-grade material [4][5] - The company is evaluating the material from mining, processing, and economic perspectives, with comparisons to other open-pit heap leach operations in the area [5] Quality Assurance and Testing - The bulk sample was collected and tested by Kappes, Cassiday & Associates, a respected service company in the mining industry [6] - All data gathering and analyses are performed by KCA, with weekly reporting and review by company personnel [6]
Belmont Resources Launches Core Relogging Program at Crackingstone Uranium Project
Thenewswire· 2025-10-15 14:25
Core Insights - Belmont Resources Inc. has initiated a comprehensive core relogging and resampling program at its Crackingstone Uranium Project in Saskatchewan, marking a significant advancement in its exploration efforts within the uranium and rare-earth-rich Beaverlodge Domain [1][2] Exploration Program - The relogging and analytical work is being conducted by Axiom Exploration Group Ltd., focusing on the historic 2008 drill campaign which included 20 holes totaling 3,029.4 meters, with 44% of the core recovered for analysis [3][4] - The program aims to obtain detailed geochemical information, refine lithological classification, and evaluate the potential for rare earth element (REE) mineralization, thereby introducing dual-commodity exposure [5][6] Strategic Partnerships - Recent site visits by Belmont management and HMS Bergbau AG representatives, including Consulting Geologist Dr. Thomas Unterweissacher, highlight the strategic input from HMS, a major shareholder, emphasizing European interest in uranium and critical minerals in stable jurisdictions like Canada [7] Project Potential - The Crackingstone property is strategically located near Saskatchewan's uranium-rich Athabasca Basin, benefiting from excellent infrastructure and the potential for significant uranium resources, with historic grab sample grades of up to 15.6% U₃O₈ [9][12] - Belmont has submitted a permit application for a comprehensive drilling program consisting of 40 drill holes totaling 10,000 meters, reflecting confidence in the property's potential [12] Other Projects - Belmont is also exploring the Come By Chance property in British Columbia, which is characterized as a compelling porphyry-CRD system under active exploration [10]
Mydecine Innovations Group Closes Debt Settlements
Thenewswire· 2025-10-14 22:00
Core Points - Mydecine Innovations Group Inc. has successfully closed debt settlement agreements totaling USD $1,386,391 and CAD $9,432,107 to settle outstanding debts with various creditors [1][2] - The company issued five convertible debentures to creditors as part of the debt settlements to preserve cash for working capital and improve its financial situation [2] Debt Settlement Agreements - The company entered into debt forgiveness agreements to settle USD $1,386,391 owed to two former insiders, issuing convertible debentures with an aggregate principal amount of USD $100,000 [4] - A debt settlement agreement with CEO Josh Bartch was made to settle CAD $1,309,836 of unpaid management fees, with a convertible debenture issued for the same amount [5] - A settlement with Pioneer Garage Limited was made for CAD $7,878,792, with a convertible debenture issued under similar terms as the Bartch agreement [6] - An additional settlement with an arm's length creditor for CAD $243,479 was fully settled through a secured convertible debenture of USD $100,000, which bears interest at 1% per month [9] Share Consolidation - The company announced a share consolidation effective October 21, 2025, converting every fifty old common shares into one new common share, reducing the outstanding shares from 61,755,385 to approximately 1,235,107 [12][13] - The share consolidation aims to enhance the company's attractiveness for financing opportunities and facilitate the restructuring of existing liabilities [15]
Carrier Connect Data Solutions Inc. Announces Private Placement
Thenewswire· 2025-10-14 21:15
Core Viewpoint - Carrier Connect Data Solutions Inc. is initiating a non-brokered private placement to raise up to $3,000,000 through the sale of units priced at $0.70 each, aimed at funding M&A, working capital, and general corporate purposes [1][2]. Group 1: Offering Details - The Offering consists of up to 4,285,714 units, each unit comprising one common share and one-half of a share purchase warrant, with full warrants allowing the purchase of additional shares at $1.00 each for two years [1]. - The Offering is expected to close in November 2025, subject to customary conditions including TSX Venture Exchange approval [2]. Group 2: Company Overview - Carrier Connect Data Solutions focuses on rolling up Tier II/III data centers internationally, providing co-location and data center solutions primarily to AI companies, service providers, enterprises, and small businesses [4]. - The company operates as a carrier-neutral organization, with its principal markets located in Vancouver, Canada, and Perth, Australia, serving clients who utilize its facilities as primary or ancillary data centers [4].
Ventripoint Announces Closing of Second and Final Tranche of Non-Brokered Convertible Debenture Units Private Placement
Thenewswire· 2025-10-14 20:30
Core Points - Ventripoint Diagnostics Ltd. announced the issuance of an additional $297,000 of unsecured convertible debenture units, bringing the total to $567,000 for the Offering [1][2] - Each unit consists of a $1,000 unsecured convertible debenture and 9,000 common share purchase warrants [1] - The conversion price for the debentures is set at $0.11 per common share, with warrants exercisable at $0.14 until December 31, 2027 [2] Financial Details - The debentures mature on December 31, 2027, and carry a 10% interest rate, payable semi-annually [3] - The Corporation paid a total of $320 in cash finder's fees and issued 2,286 finder's warrants, which can be exercised at $0.11 per share for 18 months [4] - Proceeds from the Offering will be used for operational costs, sales and marketing, and general working capital [5] Regulatory and Market Information - All securities issued are subject to a four-month hold period and require approval from the TSXV [6] - The securities will not be registered under the U.S. Securities Act of 1933 and cannot be sold in the U.S. without proper registration or exemption [7] Company Overview - Ventripoint is a leader in applying AI to echocardiography, with its VMS+ products providing accurate cardiac measurements comparable to MRI [8] - The technology is versatile and compatible with all ultrasound systems, supported by regulatory approvals in the U.S., Europe, and Canada [9]
JZR Gold Announces First Concentrate From Vila Nova Gold Project
Thenewswire· 2025-10-14 20:30
Core Insights - JZR Gold Inc. has announced the production of its first gold concentrate from the Vila Nova Gold Project in Brazil, operated by ECO Mining Oil & Gaz Drilling and Exploration [1] - The project is currently undergoing further testing and optimization of its 800 tonne-per-day bulk sampling gravimetric mill to enhance efficiency and increase processing volume [1] - JZR holds a 50% net profit interest in the Vila Nova Project, acquired through a Joint Venture Royalty Agreement with ECO [2] Company Developments - The CEO of JZR expressed excitement regarding the progress at the Vila Nova Gold Project and noted that ECO has begun stock-piling material at the mill in anticipation of increased throughput [3]