Thenewswire
Search documents
Adamera to Raise Over $700,000 for Exploration including Drilling on Gold Project in Washington State
Thenewswire· 2025-10-09 11:30
Core Viewpoint - Adamera Minerals Corp. is initiating a non-brokered private placement financing to raise up to $724,000 for exploration drilling on its gold and silver properties in Washington State and British Columbia [1][2]. Financing Details - The financing will consist of two components: 1. Up to 5,600,000 Units at $0.09 per Unit, generating gross proceeds of $504,000, with each unit comprising one common share and one common share purchase warrant exercisable at $0.15 for two years [5]. 2. Up to 2,000,000 flow-through units at $0.11 per unit, raising $220,000, with each unit consisting of one common share and one-half warrant, also exercisable at $0.15 for two years [5]. Use of Proceeds - Proceeds from the unit financing will be allocated to working capital and exploration drilling on the Company's gold projects in Washington State [5]. - Flow-through funds will be directed towards qualifying Canadian exploration expenditures on newly identified gold, copper, and zinc prospects in the South Hedley Project, which may qualify for a 30% Critical Mineral Exploration Tax Credit [5]. Company Overview - Adamera Minerals Corp. focuses on exploring high-grade gold deposits in Washington State and British Columbia, holding multiple drill-ready targets in areas with historical mining activity [4].
CHARBONE Hydrogen Successfully Completes the Dismantling of Hydrogen Equipment in Quebec and Announces the Arrival of the Main Components in Sorel-Tracy
Thenewswire· 2025-10-09 11:25
Core Points - CHARBONE HYDROGEN CORPORATION has successfully completed the dismantling of hydrogen production assets in Quebec City, with main components now arriving in Sorel-Tracy, marking a significant milestone in the establishment of a clean Ultra High Purity hydrogen production network in North America [1][2] - The first clean UHP hydrogen production unit is scheduled to start up in November 2025, with the company emphasizing the importance of reusing proven assets to optimize investments [2][3] - The acquisition of hydrogen production and refueling assets, announced on September 5, 2025, is expected to accelerate time to market and significantly reduce capital costs for CHARBONE [3] Company Overview - CHARBONE is focused on building a modular clean UHP hydrogen production network in North America and Asia-Pacific, while diversifying revenue through helium and specialty gas partnerships [4] - The company's approach aims to reduce risk and enhance flexibility, positioning CHARBONE as a leader in the transition to a low-carbon future [4]
GOAT Industries Announces OTCQB Uplist
Thenewswire· 2025-10-08 22:50
Core Viewpoint - GOAT Industries Ltd. has received approval for its common shares to be traded on the OTCQB Venture Market, effective October 9, 2025, enhancing its visibility and credibility in the U.S. market [1][2]. Group 1: Uplisting Significance - The uplisting to the OTCQB marks a significant milestone in GOAT's capital markets strategy, emphasizing the company's commitment to transparency, governance, and growth [2]. - This achievement improves liquidity and accessibility for U.S. investors, expanding market depth and trading volume [2]. - The OTCQB is recognized as a premier venture market for early-stage companies that meet stringent financial reporting and governance standards, providing a platform for greater transparency and stronger corporate governance [2]. Group 2: Management Commentary - Interim CEO Kevin Cornish stated that achieving OTCQB status reflects the company's commitment to transparency and governance, and is expected to enhance market visibility and liquidity [3]. - The company reassured existing shareholders that no action is required on their part, as it will continue to trade on the CSE under the symbol "GOAT" [3]. Group 3: Company Overview - GOAT Industries Ltd. is an investment issuer focused on investing in high-potential companies across various industries, aiming to generate maximum returns from its investments [4].
Fitzroy Minerals Provides Update Regarding 2025 Annual General And Special Meeting
Thenewswire· 2025-10-08 21:50
Core Points - Fitzroy Minerals Inc. has filed its notice for the annual general and special meeting of shareholders scheduled for October 24, 2025 [1] - The mailing of meeting materials has been affected by the 2025 Postal Strike, potentially delaying delivery to shareholders [2] - The meeting will cover the approval of financial statements, election of directors, re-appointment of auditors, and ratification of a stock option plan [3] Meeting Details - The meeting will take place on October 24, 2025, at 3:00 pm Pacific Time in Vancouver, BC [1] - Shareholders are encouraged to vote by the deadline of October 22, 2025, at 3:00 pm Pacific Time [4] Company Information - Fitzroy Minerals is focused on exploring and developing mineral assets in the Americas, with projects in Chile, Argentina, and Canada [7] - The company is listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF [7]
Cascade Copper Closes Financing
Thenewswire· 2025-10-08 21:00
Core Points - Cascade Copper Corp. has successfully closed a non-brokered private placement of units, raising a total of $401,255 through three tranches [1][2][3] Offering Details - The offering included 2,875,000 Critical Minerals FT Units priced at $0.04 each and 8,178,713 Non-Flow-Through Units priced at $0.035 each, with each unit consisting of one common share and one-half common share purchase warrant [2] - Each full warrant is exercisable into a common share at a price of $0.07 for a period of 24 months from the closing date of each tranche [2] Regulatory Compliance - The offering was subject to necessary regulatory approvals, including acceptance from the Canadian Securities Exchange, and all securities issued are subject to a four-month hold period under Canadian securities laws [3] Insider Participation - The offering included participation from insiders, which is classified as a related party transaction. The company is relying on exemptions from valuation requirements and minority approval as the value of the units subscribed does not exceed 25% of the company's market capitalization [4] Use of Proceeds - Proceeds from the sale of FT Shares will primarily fund eligible Critical Mineral Canadian Exploration Expenses and exploration programs in Ontario and British Columbia, while proceeds from Non-Flow-Through shares will be allocated for general working capital [5] Future Plans - The company intends to renounce Qualifying Expenditures to subscribers of Flow-Through Units for the fiscal year ending December 31, 2025, and to incur necessary expenditures by December 31, 2026 [6] Company Overview - Cascade Copper is an exploration stage natural resource company focused on evaluating, acquiring, and exploring copper-based mineral resource properties, with a priority on modern exploration technologies [6] - The company has five projects, including the Copper Plateau Copper-Moly Project and the Centrefire Copper Project, with drilling planned for several copper projects this year [6]
TSX-V: TT Announces Updated Offering Terms
Thenewswire· 2025-10-08 20:05
Core Viewpoint - Total Metals Corp. has revised the terms of its non-brokered private placement to raise up to $10 million through the issuance of units priced at $0.60 each [1][2]. Group 1: Offering Details - The Offering will consist of up to 16,666,666 units, each unit comprising one common share and one common share purchase warrant [2]. - Each warrant will allow the purchase of an additional common share at a price of $0.90 per share for a period of 36 months from issuance [2]. - The Offering will be available to accredited investors under National Instrument 45-106 and other applicable exemptions [3]. Group 2: Company Overview - Total Metals Corp. focuses on the acquisition, exploration, and development of mineral properties in the Red Lake mining district of Northern Ontario, Canada [4]. - The company owns 100% of the Electrolode Project, which covers 3,000 contiguous hectares and has significant historical drilling and modern airborne geophysics [4]. - The Electrolode Project targets high-potential mineral resources in three favorable geologic trends and is strategically located near major mines [4]. - The project is fully permitted for exploration drilling and contains 10 historic mineralized zones with significant expansion potential [4].
Westward Gold Announces Closing of Non-Brokered Private Placement Financing with Participation from Strategic Investors Crescat Capital LLC and Concept Capital Management
Thenewswire· 2025-10-08 20:00
Core Viewpoint - Westward Gold Inc. has successfully closed a non-brokered private placement, raising approximately C$5,000,000 through the issuance of 45,454,544 units at C$0.11 per unit, which includes common shares and warrants [1][2]. Group 1: Offering Details - The Offering consists of 45,454,544 units, each unit comprising one common share and one warrant, with warrants priced at C$0.15 for a period of 24 months [1]. - The net proceeds from the Offering will primarily fund an expanded drilling program at the Toiyabe Hills Property in Nevada and for general working capital [3]. - The Offering included participation from strategic shareholders, with Concept Capital Management Ltd. acquiring 22,727,272 units for approximately C$2,500,000, representing a 9.9% ownership interest post-offering [2]. Group 2: Insider Participation - Certain insiders acquired a total of 10,195,455 units for gross proceeds of approximately C$1,121,500, which includes a significant investment from Crescat Capital [4]. - The insider participation was classified as a "related party transaction" but was exempt from formal valuation and minority shareholder approval requirements due to the size of the investment relative to the company's market capitalization [4]. Group 3: Drilling Program Insights - The company has reported that its first drill program at the Campfire Target Complex has exceeded expectations, achieving considerable depths at costs under budget [3]. - Observations from drilling indicate significant Carlin-style alteration, suggesting a robust hydrothermal system in the target area [3].
Uniserve Communications Corporation Announces Strategic Partnership with Railtown AI Technologies
Thenewswire· 2025-10-08 18:30
Core Insights - Uniserve Communications Corporation has entered into a Memorandum of Understanding with Railtown AI Technologies to develop scalable AI solutions for small and medium-sized enterprises (SMEs) [1][3] - The partnership aims to leverage Uniserve's existing infrastructure and customer base to deliver practical AI applications, enhancing efficiency and competitiveness for SMEs [2][3] Partnership Overview - The collaboration combines Uniserve's services in Data Centre infrastructure, ISP infrastructure, and Managed IT Services, supporting around 3,000 SME customers [2] - Railtown's AI tools will enable Uniserve's customers to implement modernization strategies and meet the rising demand for cost-effective AI solutions [2][3] Market Opportunity - SMEs represent over 90% of Canadian businesses, indicating a significant market opportunity for AI solutions [3] - The partnership is positioned to deliver rapidly deployable AI solutions, such as workflow automation and predictive analytics, to enhance operational efficiency for SMEs [3] Revenue Growth Potential - Uniserve plans to develop and host AI applications, GPUs, and customized cloud solutions, leading to new revenue streams and continued growth [4] - The implementation of agentic AI applications internally aims to improve operational efficiencies, particularly in managed service provider help desk operations [5] Strategic Rationale - The partnership with Railtown allows Uniserve to expand its service offerings and strengthen its position in the Canadian IT services market [7] - The existing network of SME customers provides a strong foundation for deploying AI solutions [7] Leadership Comments - Kwin Grauer, Chairman and Interim CEO of Uniserve, emphasized the partnership's role in delivering AI-enabled solutions to SMEs and increasing GPU compute capacity [8] - Cory Brandolini, CEO of Railtown, highlighted the collaboration's potential to enhance accessibility to AI technologies for SMEs and drive innovation in Canada's AI ecosystem [8]
Cadillac Ventures Inc. Enters into Option Agreement for the Burnt Hill Tungsten Project in New Brunswick
Thenewswire· 2025-10-08 18:05
Core Points - Cadillac Ventures Inc. has entered into an option agreement with Nexcel Metals Corp. and Wyloo Ring of Fire Ltd. for a potential 58% interest in the Burnt Hill Tungsten Project located in New Brunswick, Canada [1][4] Agreement Terms - The Optionee can acquire the 58% interest in four stages, starting with a payment of $170,000 in cash and issuing $330,000 in common shares [2] - The first option allows the Optionee to earn up to 29.6% interest, followed by additional payments and share issuances to reach 38.3%, 46.4%, and finally 58% [2] - All common shares issued will be subject to statutory hold periods and voluntary resale restrictions over a 36-month period [3] Joint Venture Formation - Upon earning a 51% interest, a joint venture will be established among the Optionee, Cadillac, and the Minority Owner, with the latter's 42% interest remaining unaffected unless a future acquisition is agreed upon [4]
Granada Gold Appoints New Director to the Board
Thenewswire· 2025-10-08 17:20
Rouyn Noranda, Q.C. – TheNewswire - October 8, 2025 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the “Company” or “Granada”) is pleased to announce the appointment of Daniel Barrette as a director of the Company. Daniel Barrette brings over 15 years of leadership experience in the mining sector, with a strong track record in corporate restructuring, project development, and international transactions. From 2011 to 2013, he spearheaded the successful reorganization of SearchGold Re ...