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CHARBONE Hydrogene annonce la cloture d'une deuxieme et derniere tranche de son placement prive sursouscrit sans intermediaire de 1 M$
Thenewswire· 2025-10-06 11:25
Core Points - Charbone Hydrogen Corporation has successfully completed a private placement raising a total of 1.013 million dollars, exceeding its initial target of 1 million dollars [1][2] - The funds will be used for the installation of hydrogen equipment at the Sorel-Tracy site and for the development of infrastructure to support long-term growth strategies [2][5] - The second tranche of the private placement involved the issuance of 9,183,334 units at a price of 0.06 dollars per unit, each consisting of one common share and one common share purchase warrant [3][5] Company Overview - Charbone Hydrogen Corporation specializes in the production and distribution of Ultra High Purity (UHP) hydrogen and strategic industrial gas distribution in North America and the Asia-Pacific region [4][6] - The company is developing a modular network for green hydrogen production and partners with industry players to offer helium and other specialty gases without the need for costly new plants [4][6] Financial Details - The proceeds from the share issuance will primarily be allocated to purchasing hydrogen equipment, installation at the Sorel-Tracy site, infrastructure development, and general working capital needs [5] - Each unit offered in the placement includes a warrant that allows the holder to purchase an additional common share at an exercise price of 0.08 dollars for a period of 24 months following the closing date [5]
CHARBONE Hydrogen Announces Closing of a Second and Final Tranche, Oversubscribing its $1M Non-Brokered Private Placement
Thenewswire· 2025-10-06 11:25
Core Insights - CHARBONE HYDROGEN CORPORATION successfully completed a $1M non-brokered private placement, raising a total of $1.013 million after the second tranche [1][2] - The funds will be used for re-installation of hydrogen equipment at the Sorel-Tracy site and infrastructure development to support long-term growth [2][5] - The second tranche involved issuing 9,183,334 Units at a price of $0.06 each, with each Unit consisting of one common share and one common share purchase warrant [3][5] Company Overview - CHARBONE is focused on building a clean Ultra High Purity (UHP) hydrogen production and distribution network in North America [1][4] - The company employs a modular approach to develop a distributed network of green hydrogen production plants while diversifying revenue through helium and specialty gas partnerships [4] - CHARBONE is listed on the TSX Venture Exchange, OTC Markets, and Frankfurt Stock Exchange [4]
Happy Creek Announces Arrangements to Address Mailing of Shareholders Meeting Materials Resulting from Canada Post Strike
Thenewswire· 2025-10-06 11:00
Core Viewpoint - Happy Creek Minerals Ltd. is facing challenges in delivering meeting materials and financial reports to shareholders due to a strike by the Canadian Union of Postal Workers, impacting the upcoming annual general meeting scheduled for October 24, 2025 [1][2]. Meeting Details - The annual general meeting will address several key items, including the approval of audited financial statements for the fiscal year ended January 31, 2025, fixing the number of directors at five, electing directors, appointing auditors, and approving a 10% rolling stock option plan [6]. - Due to the postal strike, the meeting materials may not be delivered in accordance with regulatory requirements, but they are available on the company's website and SEDAR+ profile [2][7]. Voting Information - Shareholders can vote by proxy or through intermediaries, with instructions available on the company's website [2][5]. - The deadline for voting by proxy is set for 10:00 a.m. Pacific time on October 22, 2025 [7]. Financial Reports Delivery - The postal strike will also hinder the mailing of interim financial statements and management discussion and analysis for the six months ended July 31, 2025, but electronic versions are available online [9]. - The company will provide copies of the financial reports via email to shareholders who request them during the strike [9]. Company Overview - Happy Creek Minerals Ltd. focuses on discovering and building resources near infrastructure within its portfolio of diversified metals projects in British Columbia [10][11]. - The company recently closed the sale of the Highland Valley Copper Project to Metal Energy Corp., retaining a 9.9% stake in Metal Energy and a potential 2.5% Net Smelter Return royalty [12]. - Happy Creek is committed to responsible mineral resource development and maintaining relationships with Indigenous communities in its exploration territories [13].
Sendero Resources Provides Strategic and Exploration Update at the Penas Negras Project, Argentina
Thenewswire· 2025-10-06 11:00
Core Insights - Sendero Resources Corp. has provided a strategic update on its Peñas Negras Project, highlighting a transformative year and the potential for significant discoveries in the Vicuña Belt of Argentina [2][11]. Project Overview - The Peñas Negras Project is located in the Vicuña Belt, recognized for world-class copper-gold discoveries, and occupies a strategic position within a structural corridor that includes notable deposits like Filo del Sol and Josemaría [3][19]. - The project covers an area of 211 km² and is in proximity to significant mining operations, including the Caserones mine and the Lunahuasi project [7][19]. Exploration Activities - A Phase II drill program is set to commence, targeting a porphyry-type undrilled site with favorable geological signatures, following a successful Phase I exploration that included 3,126 meters of core drilling and various geophysical surveys [4][10][18]. - Phase I results indicated the presence of both porphyry and epithermal mineralization, enhancing the understanding of the project's geological framework [10][12]. Geological Model and Targets - The exploration model developed by the company suggests a gold-copper porphyry system with high-sulfidation epithermal characteristics, aligned with the Mogotes structural corridor [15]. - The comprehensive analysis of geological data has led to the identification of multiple high-quality targets, positioning Peñas Negras as a promising site for future discoveries [11][14]. Future Plans - The company plans to advance the Peñas Negras Project towards a potential discovery that could redefine the Mogotes corridor, with drilling activities anticipated to begin in Q1 2026 [18].
Melkior Announces Follow-Up Drilling on the Bonanza Gold Intersection at 1010 Zone with 77.40 g/t gold over 6.90 meters at the Carscallen Gold Property
Thenewswire· 2025-10-06 11:00
Core Viewpoint - Melkior Resources Inc. is set to initiate a follow-up exploration drill program at the Carscallen Gold Property, focusing on expanding gold mineralization in the 1010 Zone and exploring new opportunities at the Northwest Prospect, located approximately 25 kilometers west of Timmins [1][2]. Exploration Program Highlights - The upcoming drill program will consist of 6 holes totaling approximately 1,725 meters, targeting the NNW-SSE trend and the 1010 Zone structural corridor [1]. - The 1010 structural-mineralized corridor has the potential to extend over 1,500 meters in length, similar to the Zamzam-Jowsey-Shenkman Zone, and aims to test high-grade ore shoots at depth [2]. The 1010 Gold Zone - The 1010 gold zone features multiple shear-hosted quartz-sulphide veins, with significant gold mineralization often steeply dipping and reaching over 500 meters in length [3]. - Recent surface exploration is focused on expanding gold-bearing mineralization outside the main zones, with additional high-grade ore shoots identified [4]. Northwest Zone - The Northwest Zone, located about 500 meters north of the 1010 gold showings, is characterized by gold-in-soil anomalies and geophysical signatures similar to known mineralized zones [5]. - Two shallow drill holes are planned to assess the gold mineralization potential in this unexplored area [5]. Significant Historical Intercepts - Notable historical intercepts from the Zamzam and Shenkman Zones include: - CAR-19-03A: 23.5 g/t Au over 8 meters - CAR-20-05: 25.7 g/t Au over 6 meters - CAR-71-2011: 5.1 g/t Au over 13.25 meters [6]. Drill Permit Status - The drill permit application for the proposed drilling has been submitted to the Ontario Government and is currently awaiting approval [6].
Eastfield and Star Copper Commence Drilling at Indata Property
Thenewswire· 2025-10-03 21:35
Group 1 - Eastfield Resources Ltd. and Star Copper Corp. have commenced diamond drilling at the Indata Property in central British Columbia, which is significant for its copper, gold, and molybdenum resources, as well as notable antimony mineralization [1] - The Indata Property is entirely owned by Eastfield, while Star Copper holds a 60% earn-in option interest [1] - The property is located along the Pinchi Fault Zone, 120 kilometers northwest of Fort St. James, BC, covering an area of 4,551 hectares [2] Group 2 - Historical drilling highlights include Hole IN22-82, which intersected 174.0 meters grading 0.23% copper, with a section of 29.0 meters grading 0.47% copper [4] - Another significant result is from Hole DDH88-11, which returned 4.0 meters grading 47.26 g/t gold [4] - Additionally, Hole IN22-74 intersected 31.0 meters at the bottom of the hole grading 0.101% molybdenum, including 7.5 meters grading 0.320% molybdenum [4]
Baru Gold's Role in Environmental Monitoring Highlighted on Sangihe Island
Thenewswire· 2025-10-03 15:00
Core Insights - Baru Gold Corp. acknowledges a report documenting environmental impacts from illegal mining on Sangihe Island, utilizing baseline data collected by the company to measure changes in ecosystem health [1][3][4] Environmental Impact - The report confirms significant increases in heavy metals such as arsenic, lead, and mercury in water and sediment due to illegal mining activities, primarily occurring in 2023 [3] - Damage includes extensive harm to mangroves and coral reefs, elevated heavy metal contamination, and potential health risks for local communities [3] Baseline Data and Regulatory Compliance - The company conducted comprehensive pre-mining environmental sampling to obtain its environmental permit (AMDAL), establishing baseline conditions required by Indonesian law for post-mining restoration [2][4] - The availability of baseline data has been crucial for understanding the extent of damage caused by unregulated activities [4] Local Community Support - Local residents have expressed support for the company's operations, recognizing the difference between regulated mining and illegal activities, which they see as destructive and economically unbeneficial [5] - The company aims to replace illegal mining with sustainable operations that promote shared prosperity [5] Project Overview - The Sangihe Gold Project covers approximately 25,000 hectares, with only 10% explored, and has an existing National Instrument 43-101 report for mining planning [6] - The company holds a 70% interest in the Sangihe mineral tenement Contract of Work (CoW), with a 30-year agreement upon production commencement [8] Company Profile - Baru Gold Corporation is a junior gold developer with NI 43-101 gold resources in Indonesia, leveraging extensive experience in small-scale gold asset operations [9]
New Age Metals Closes First Tranche of Private Placement with Eric Sprott Raising $2,450,000
Thenewswire· 2025-10-03 12:30
Core Viewpoint - New Age Metals Inc. has successfully closed the first tranche of a non-brokered private placement financing, raising a total of $2,450,000 through the issuance of flow-through and non-flow-through units [1][6]. Financing Details - The first tranche included the issuance of 1,730,771 flow-through units at a price of $0.26 per unit and 9,090,910 non-flow-through units [1]. - Each flow-through unit consists of one common share and one half of a share purchase warrant, with the whole warrant allowing the purchase of an additional common share at an exercise price of $0.40 for three years [2]. - Each non-flow-through unit also consists of one common share and one half of a share purchase warrant, with the same terms as the flow-through units [3]. Finder's Fees - A total of $27,000.02 in cash and 142,307 non-transferable finder warrants were paid to GloRes Securities Inc. and PB Markets Inc. for the FT Unit tranche closing [4]. - No finder fees were associated with the NFT Units [4]. Use of Proceeds - Proceeds from the flow-through units will be allocated for exploration and development of projects in Newfoundland, Ontario, and Manitoba [6]. - Proceeds from the non-flow-through units will be used for exploration and general working capital [6]. Insider Participation - Eric Sprott, through 2176423 Ontario Ltd., acquired 9,090,910 non-flow-through units for a total of $2,000,000.20, increasing his ownership from approximately 23.2% to 33.1% of the outstanding shares on a non-diluted basis [7]. - The transaction is classified as a related party transaction, and the company relied on exemptions from formal valuation and minority shareholder approval requirements [10]. Company Overview - New Age Metals is focused on the exploration and development of critical green and precious metal projects in North America, with divisions in Platinum Group Elements, Gold, Lithium/Rare Elements, and Antimony-Gold [11]. - The company owns significant projects, including the River Valley Project, one of North America's largest undeveloped Platinum Group Element projects [12]. - Recent developments include an agreement to option the Bonanza Gold Project in the Kenora Gold District, which consists of 114 mining claims [13]. Lithium Division - The Lithium Division is one of the largest mineral claim holders in the Winnipeg River Pegmatite Field, exploring hard rock lithium and rare elements [14]. - A joint venture with Mineral Resources Ltd. has been established, with a minimum budget approved for the projects from May 2025 to April 2026 [14]. Antimony-Gold Division - The Antimony-Gold division spans over 19,800 hectares in Newfoundland, with ongoing exploration activities and recent approval under the Junior Exploration Assistance Program [17]. Investment in MetalQuest Mining - New Age Metals holds approximately 12.79% of MetalQuest Mining, which is developing a significant iron ore project [18][19].
Ventripoint Announces Extension and Up Size of Non-Brokered Convertible Debenture Unit Private Placement
Thenewswire· 2025-10-03 12:00
Core Points - Ventripoint Diagnostics Ltd. is seeking approval from the TSX Venture Exchange to extend the deadline for its non-brokered private placement of unsecured convertible debentures to November 2, 2025 [1] - The company plans to increase the size of the offering from $500,000 to $560,000 [2] - Each unit in the offering consists of one unsecured convertible debenture with a principal amount of $1,000 and 9,000 common share purchase warrants [2] - The convertible debentures can be converted into common shares at a price of $0.11 per share [3] - Each warrant allows the holder to purchase one common share at a price of $0.14 until December 31, 2027 [3] - The debentures will mature on December 31, 2027, and will bear an interest rate of 10%, payable semi-annually [4] - Proceeds from the offering will be used for operational costs, sales and marketing, hiring key personnel, and general working capital [5] - All securities issued will be subject to a hold period of four months plus one day from the closing date of the offering [6] Company Overview - Ventripoint has established itself as a leader in applying AI technology to echocardiography [8] - The company's VMS+ products utilize proprietary knowledge-based reconstruction technology, providing accurate cardiac measurements comparable to MRI [8] - Ventripoint's products are designed to enhance patient care and are compatible with ultrasound systems from various vendors, supported by regulatory approvals in the U.S., Europe, and Canada [9]
Congratulations to Volt Carbon Technologies on Second U.S. Patent and Graphene Achievement
Thenewswire· 2025-10-03 12:00
Core Insights - First Canadian Graphite Inc. congratulates its partner, Volt Carbon Technologies Inc., for receiving a Notice of Allowance for a continuation of its U.S. patent on proprietary air classifier technology and for recent advancements in graphene development [1][2] Company Developments - The collaboration between First Canadian Graphite and Volt Carbon Technologies was established through a Preliminary Mineral Processing Agreement signed on June 5, 2023 [2] - Volt Carbon's patent and graphene achievements utilized graphite sourced from First Canadian Graphite's Berkwood project, confirming the quality and suitability of the deposit for advanced processing [2][4] - The successful production of reduced graphene oxide (rGO) from Berkwood flake graphite has shown a 40-60% improvement in mechanical properties when mixed into epoxy resin, which is used in aerospace carbon fiber composites [5][7] Market Potential - The advancements in rGO production and the air classifier technology enhance graphite processing efficiency and open up opportunities in high-value applications such as batteries, energy storage, and advanced materials [4][5] - The Berkwood Graphite Project has a current mineral resource of 1,755,300 tonnes of indicated resources at 17.00% Cgr and 1,526,400 tonnes in inferred resources at 16.39% Cgr, indicating a high-grade resource suitable for next-generation carbon technologies [10][12] Strategic Importance - The achievements underscore the strategic importance of the Berkwood project in meeting the growing global demand for advanced carbon technologies [7]