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Newlox Gold Announces Private Placement
Thenewswire· 2025-07-23 02:50
Core Points - Newlox Gold Ventures Corp. plans to raise up to $2,000,000 through a non-brokered private placement of up to 28,571,429 units at a price of $0.07 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of a share at $0.12 for 36 months [2] - Insiders are participating in the private placement for a total of $585,000, with specific amounts from Mr. Dent ($140,000), Mr. Benevides ($420,000), and Mr. MacKay ($25,000) [3] - The participation of insiders is considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [4] - Proceeds from the private placement will fund current operations in Costa Rica and general working capital, subject to regulatory approvals [5] - Newlox Gold Ventures Corp. focuses on recovering gold and silver from artisanal mining operations in Latin America, utilizing technology for metal recovery and environmental remediation [6]
VanadiumCorp Announces Board Changes to Support Strategic Growth and Welcomes Dr. James Tansey to the Board of Directors
Thenewswire· 2025-07-23 00:55
Core Viewpoint - VanadiumCorp Resource Inc. has appointed Dr. James Tansey to its Board of Directors, enhancing its focus on critical metals, sustainable mining, and renewable energy [1][5]. Group 1: Appointment of Dr. James Tansey - Dr. Tansey brings extensive experience in impact investing and has previously led significant carbon credit initiatives, aligning with VanadiumCorp's commitment to low-carbon operations [2][4]. - His role as a founding advisor to Syniad Innovations highlights his involvement in advancing critical mineral technologies essential for clean energy transition [3]. - Dr. Tansey's background in ESG governance and policy will strengthen the company's board oversight, particularly in areas like Indigenous partnerships and sustainable finance [4]. Group 2: Company Overview - VanadiumCorp is a Canadian critical metals exploration company with full ownership of two strategic properties in Quebec: Iron T and Lac Doré [8]. - The company is focused on innovative technologies for extracting vanadium-titanium and high-grade iron from its projects, aiming for a stable long-term supply of critical metal deposits [8]. - An initial electrolyte facility in Val-des-Sources, Quebec, will evaluate output quality and facilitate the production of electrolytes for Vanadium Flow Batteries [8]. Group 3: Board Changes - The company announced the resignation of Mr. Brian Gusko from the Board of Directors, effective July 16, 2025, and expressed gratitude for his contributions [6].
Lexston Mining Corporation Announces Stock Option Grant
Thenewswire· 2025-07-22 23:55
Stock Option Grant - Lexston Mining Corporation has granted incentive stock options to directors, officers, and consultants to purchase up to 700,000 common shares at a price of $0.155 per share for a period of five years [2] - The options will have a hold period expiring on November 22, 2025, in accordance with Canadian Securities Exchange policies [2] Company Overview - Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and developing mineral projects to enhance stakeholder value [3] - The company has a mineral exploration project located in British Columbia, Canada [3] Trading Information - Lexston Mining Corporation trades on the OTCQB Venture Market, which is for early-stage and developing companies [4] - The company is current in its reporting and undergoes an annual verification and management certification process [4]
Nord Announces Revocation of MCTO
Thenewswire· 2025-07-22 23:10
Core Points - The British Columbia Securities Commission has revoked the management cease trade order (MCTO) for Nord Precious Metals Mining Inc. effective July 22, 2025, allowing management to trade the company's securities again [1][2] - The company successfully filed its annual audited financial statements for the year ended December 31, 2024, and interim financial statements for the three months ended March 31, 2025, which were prerequisites for the MCTO revocation [1][2] Company Overview - Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, focusing on high-grade silver discovery and strategic metals recovery [4] - The flagship Castle property covers 63 square kilometers and includes the past-producing Castle Mine, with drilling delineating 7.56 million ounces of silver in inferred resources at an average grade of 8,582 g/t Ag (250.2 oz/ton) [4] - The company's integrated processing strategy enhances the economics of extracting critical minerals such as cobalt and nickel, utilizing a proprietary Re-2Ox hydrometallurgical process for producing technical-grade cobalt sulfate and nickel-manganese-cobalt formulations [5] Strategic Positioning - Nord maintains a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project, which spans 260 square kilometers near Cochrane, Ontario [6]
JZR Gold Announces Closing Of Non-Brokered Private Placement Offering Of Units For $1,800,000
Thenewswire· 2025-07-22 23:05
Group 1 - The company JZR Gold Inc. has completed a non-brokered private placement of units at a price of $0.30 per unit, raising aggregate gross proceeds of CAD$1,800,000 by issuing 6,000,000 units, an increase from the initially planned CAD$1,500,000 due to investor interest [1][4] - Each unit consists of one common share and one common share purchase warrant, with the warrants exercisable at $0.40 for two years, subject to an acceleration provision if the share price exceeds $0.75 for 10 consecutive trading days [2][4] - The net proceeds from the offering will be used to fund operations of a fully constructed 800 tonne-per-day gravimetric mill and future exploration work on the Vila Nova Gold project in Brazil [4] Group 2 - The securities issued are subject to a hold period of four months and one day from the closing date [3] - The mill is reported to be fully operational, with minor improvements being completed to enhance operational efficiency [4]
Uniserve Announces Grant of Incentive Stock Options
Thenewswire· 2025-07-22 19:30
Company Announcement - Uniserve Communications Corporation has granted 300,000 stock options to a consultant, effective July 22, 2025 [1] - Each option is exercisable into one common share at a price of $0.42, based on the last closing price on July 21, 2025 [1] - The options have a one-year term expiring on July 22, 2026, and vest immediately, subject to a four-month hold period until November 23, 2025 [1] Company Overview - Uniserve provides secure, reliable, and customized IT solutions for business and residential customers across Canada [2] - The company operates in three core verticals: Data Centre Solutions, Managed IT Services, and Business Internet [2] - Uniserve's data centre infrastructure is designed to ensure maximum uptime, security, and scalability [2]
Baru Gold Completes Second and Final Tranche of Private Placement
Thenewswire· 2025-07-22 18:00
Group 1 - Baru Gold Corp. has successfully closed the final tranche of an oversubscribed non-brokered private placement financing, raising total gross proceeds of $1,383,606 [1][2] - The private placement was initially targeted at $799,000 but was increased to $1,300,000 due to strong investor demand, ultimately exceeding the original target by $584,606 or 73% [2] - Tranche Two specifically raised gross proceeds of $485,653.07, issuing 5,713,565 Units at a price of $0.085 per Unit [3] Group 2 - Each Unit issued consists of one common share and one common share purchase warrant, with each warrant allowing the holder to acquire an additional common share at a price of $0.115 for two years [1] - The securities from Tranche Two are subject to a four-month hold period, expiring on November 23, 2025, and the private placement is pending final approval from the TSX Venture Exchange [3] Group 3 - The Sangihe Gold Project, located on the Indonesian island of Sangihe, covers a gold-bearing area of approximately 25,000 hectares, with only 10% explored to date [5][6] - The company holds a 70% interest in the Sangihe mineral tenement Contract of Work through PT. Tambang Mas Sangihe, with a 30% interest held by other Indonesian corporations [7] - Baru Gold Corp. is recognized as a junior gold developer with NI 43-101 gold resources in Indonesia, a leading gold-producing country [8]
Midasco Capital Corp. Receives Conditional Acceptance for Acquisition of Tungsten and Critical Metals Project from Ridgeline Minerals and Announces New Director
Thenewswire· 2025-07-22 16:45
Core Points - Midasco Capital Corp. has received conditional acceptance from the TSX Venture Exchange for its acquisition of Spartan Exploration Nevada Corporation, a subsidiary of Ridgeline Minerals Corp. This acquisition is part of a proposed transaction and concurrent reactivation of Midasco's listing to become a Tier 2 mining issuer on the TSXV [1][2] - The company plans to change its name to "Spartan Metals Corp." and its ticker symbol to "W" upon closing the proposed transaction, which is expected to occur in July 2025 [2] - Midasco intends to appoint Kosta Tsoutsis to its Board of Directors, who has over 20 years of experience in finance and capital markets [3]
Planet Ventures Buys More Bitcoin, Increases Bitcoin Treasury Holdings to 28.8 BTC and Reports 14.01 Satoshis Per Share
Thenewswire· 2025-07-22 15:25
Group 1 - The company has acquired an additional 3.05677984 Bitcoin for a total price of CAD $500,000, funded from existing cash reserves [1] - The total Bitcoin holdings of the company now amount to 28.88613453 Bitcoin, equivalent to 2,888,613,453 Satoshis, resulting in approximately 14.01 Satoshis per share based on 206,195,672 common shares outstanding [2][4] - The average purchase price per Bitcoin for the recent transaction was CAD $163,570.82 (approximately USD $119,977.56) [4] Group 2 - Since the previous purchase on June 26, where the company bought 3.40669032 Bitcoin for CAD $500,000, the Satoshis per share has increased over 8.49X or 750% [3] - The total cumulative investment in Bitcoin to date is CAD $4,500,000 (approximately USD $3,300,705.00) [4] - The average cost basis per Bitcoin for total holdings is CAD $155,784.08 (approximately USD $114,273.08) [4]
WesCan Energy Announces Issuance of Stock Options
Thenewswire· 2025-07-22 14:15
Core Points - WesCan Energy Corp. has issued 1,000,000 options to purchase common shares to its Chief Executive Officer and Chairman at a price of $0.08 per share [1] - The options vest in three stages: one third immediately, one third after six months, and the final third after one year [1] - The options will expire on July 21, 2030, and the issuance is subject to approval by the TSX Venture Exchange if necessary [1] Company Information - Further updates and press releases will be available on the company's website [2] - Contact information for the Interim President & CEO and Interim CFO is provided for further inquiries [3]