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Nord Precious Metals AGM Results
Thenewswire· 2025-07-15 18:45
Group 1 - Nord Precious Metals Mining Inc. held its Annual General Meeting on July 15, 2025, where all proposed resolutions were approved with over 99.24% voting in favor [1][2] - The re-elected Directors include Frank J. Basa, Matthew Halliday, and Daniel Barrette, with Frank J. Basa continuing as President & CEO [2] - SHIM & Associates LLP was appointed as the Company’s auditors, and a 10% rolling share option plan was ratified [2] Group 2 - The Company has discovered a significant high-grade silver vein system at Castle East, located 1.5 km from its Castle Mine in Northern Ontario [3] - A 60,000-meter drill program has been completed to expand the resource estimate, which previously indicated 7.56 million ounces of silver in Inferred resources [4] - The Castle East discovery features very high-grade silver at 8,582 grams per tonne un-cut, with a focus on further resource estimation [4] Group 3 - Nord holds 14 battery metals properties in Northern Quebec and has completed a nearly 16,000-meter drill program on the Graal property, which is now part of Coniagas Battery Metals Inc. [5] - The Company also has a lithium project covering 260 square kilometers near Cochrane, Ontario, with significant exploration potential [5] - The Castle mine and property present strong exploration opportunities for multiple metals including silver, cobalt, nickel, gold, and copper [6] Group 4 - Nord is strategically positioned to become a leader in the silver-cobalt sector, with underground access at the Castle Mine and a pilot plant for cobalt-rich concentrates [6] - The Company operates a processing facility (TTL Laboratories) and utilizes a proprietary hydrometallurgical process known as Re-2Ox for producing technical-grade cobalt sulfate and NMC formulations [6]
Belmont Resources Completes Over 2,000 Meters of Diamond Drilling at 100%-Owned Come By Chance Property in Southern British Columbia
Thenewswire· 2025-07-15 14:20
Core Viewpoint - Belmont Resources Inc. has successfully completed its 2025 diamond drilling campaign at the Come By Chance project, totaling over 2,000 meters, indicating potential for significant mineralization in the area [1][6]. Geological Features - The Come By Chance property shows geological characteristics of both a copper-gold porphyry system and a high-grade carbonate replacement deposit (CRD) within the Quesnel Terrane [3]. - 2022 drilling confirmed widespread porphyry-style alteration and mineralization, with up to 20% pyrite observed, suggesting a concealed porphyry core [5]. - High-grade surface samples were recorded, including values up to 17.05 g/t Au and 6.74% Cu [5]. Drilling Program - The 2025 drilling program was designed to follow up on promising results from 2022, with five key target areas selected based on geological and geophysical modeling [6]. - All drill holes were completed on schedule and within budget [7]. Next Steps - The geological team is currently logging and processing core samples, with assay results expected within approximately eight weeks [8]. Company Portfolio - Belmont has a diverse portfolio of projects, including copper, gold, lithium, uranium, and rare earth elements located in British Columbia, Saskatchewan, Washington, and Nevada [11]. - The Come By Chance project is highlighted as a compelling porphyry-CRD system, while other projects like Athelstan-Jackpot Gold and Crackingstone Uranium also show significant potential [13][15]. Exploration Focus - The Athelstan-Jackpot Gold project has identified a potential resource of 2,000 to 5,000 ounces of gold in surface and near-surface mineralized areas [14]. - The Crackingstone Uranium property has demonstrated historic high-grade uranium potential, with grab sample grades of up to 15.6% U₃O₈ [16]. Infrastructure and Strategic Importance - The Crackingstone property benefits from excellent infrastructure, including road access and power availability, enhancing its strategic importance for exploration [18].
Hybrid Power Solutions Announces New Distribution Agreement with Alamo Auto Supply
Thenewswire· 2025-07-15 13:15
Core Insights - Hybrid Power Solutions Inc. has entered into a new distributor agreement with Alamo Auto Supply, enhancing its distribution network and access to portable power solutions for fleet operators and utility companies [1][4] - Alamo Auto Supply has placed an initial order for two Batt Pack Energy units for a major utility client, indicating a promising start to the collaboration [2] - The partnership allows Alamo Auto Supply to offer Hybrid's emission-free energy solutions, promoting the adoption of clean technology in critical sectors [4] Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator focused on developing portable power systems that eliminate the need for fossil fuels in off-grid applications [7] - Alamo Auto Supply, established in 1955, is a leading distributor of automotive accessories and fleet solutions, recognized for its quality and service [3][7] Partnership Details - The agreement with Alamo Auto Supply is expected to introduce Hybrid's products to a diverse customer base, including municipalities and commercial fleets [2][4] - The partnership was facilitated by a dedicated manufacturer's representative, who has been instrumental in generating sales opportunities for Hybrid [5] Stock Options - In recognition of the manufacturer's representative's efforts, Hybrid Power Solutions is granting 500,000 stock options priced at 0.065 per share, pending CSE approval [6]
The Naskapi Nation of Kawawachikamach invests in Scandium Canada
Thenewswire· 2025-07-15 12:20
Core Viewpoint - Scandium Canada Ltd. has successfully closed a non-brokered private placement of $334,000 with the Taasipitaakin Trust, controlled by the Naskapi Nation, to support the development of the Crater Lake project, the only primary source of scandium currently under development globally [1][2][3] Investment Details - The Taasipitaakin Trust subscribed to 16,700,000 units at a price of $0.02 per unit, with each unit consisting of one common share and one purchase warrant [1] - Each warrant allows the holder to purchase one common share at an exercise price of $0.05 for 24 months [1] Strategic Importance - This investment is part of a strategic growth initiative and aims to strengthen the relationship between Scandium Canada and the Naskapi Nation, contributing to the sustainable development of the Crater Lake project [2][3] - The investment represents a 5% ownership stake in Scandium Canada for the Taasipitaakin Trust, reflecting a commitment to responsible and inclusive development [3][4] Community Engagement - The Naskapi Nation emphasizes a diversified approach to participation in the mining industry, seeking to ensure that any future mining activities are acceptable to the community [4] - A Pre-development Agreement was signed on April 22, 2024, establishing a foundation for a long-term relationship based on trust and respect [6] Use of Proceeds - The net proceeds from the offering will primarily be used for general corporate working capital, with no specific use exceeding 10% of the gross proceeds [2] - No proceeds will be allocated for investor relations or payments to non-arm's length persons [2] Regulatory Compliance - The securities issued are subject to a hold period of four months and one day under Canadian securities laws, pending final approval from the TSX Venture Exchange [7]
Gamma Resources Announces Engagement of Momentum IR Corp. for Investor Relations Services and Option Grant
Thenewswire· 2025-07-15 12:00
Core Insights - Gamma Resources Ltd. has engaged Momentum IR Corp. for investor relations and advisory services to enhance visibility and support in the uranium sector [1][3] - The engagement is for an initial term of twelve months with a monthly retainer of C$8,500 and includes the granting of stock options [1][2] - Gamma is focused on critical minerals, particularly uranium assets in New Mexico and Utah, and is committed to responsible development and ESG-aligned practices [4] Engagement Details - The agreement with Momentum includes a monthly retainer of C$8,500 for twelve months [1] - Gamma granted 50,000 stock options to Momentum at an exercise price of $0.11, with an additional 450,000 stock options to be granted later [1][2] - The stock options will vest in four equal tranches over twelve months [1] Company Overview - Gamma Resources Ltd. specializes in critical minerals and has developed a proprietary rare earth element extraction process [4] - The company is advancing its uranium assets in the United States, particularly in New Mexico and Utah [4] - Gamma is dedicated to responsible development and incorporates life cycle assessment methodologies in its operations [4]
Planet Ventures Increases Bitcoin Treasury Holdings To 19.71 BTC and Reports Satoshis Per Share
Thenewswire· 2025-07-15 12:00
Vancouver, BC – July 15, 2025 – TheNewswire - Planet Ventures Inc. (CSE: PXI; OTC: PNXPF; Frankfurt: P6U1 ) ("Planet Ventures" or the "Company"), an investment issuer focused on technology and digital assets, is pleased to announce that it has completed an additional purchase of 3.01885741 Bitcoin for an aggregate purchase price of CAD $500,000, using a portion of its existing cash reserves. Below is a summary of Planet's Bitcoin purchases since it first announced their Bitcoin treasury strategy on June 26t ...
MAX Power Arranges Targeted Strategic Private Placements to Raise up to $3.2 Million
Thenewswire· 2025-07-15 11:30
VANCOUVER, B.C. - TheNewswire - (July 15, 2025) – MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) ("MAX Power" or the "Company") is pleased to announce a non-brokered private placement of units of the Company at a price of C$0.20 per unit under a LIFE offering and a concurrent non-brokered private placement of units of the Company at a price of C$0.16 per unit for maximum aggregate gross proceeds of up to approximately C$3,200,000 (the "Offering"). Subject to compliance with applicable regula ...
AbraSilver Extends Gold Mineralization at Oculto East with Broad Step-Out Intercept
Thenewswire· 2025-07-15 11:30
Latest Hole Returns 42 m at 0.68 g/t Gold Including 7 m at 1.67 g/t Gold John Miniotis, President and CEO, commented, "These results continue to confirm that Diablillos still has significant room for further growth, as we continue to determine the strike direction of the high-grade gold zone at Oculto East. With three rigs actively drilling this target area, we anticipate steady exploration news flow in the coming weeks and months ahead." Toronto – TheNewswire – July 15, 2025 – AbraSilver Resource Corp. (TS ...
Pampa Metals Closes Upsized $6m LIFE Offering
Thenewswire· 2025-07-15 11:30
Core Points - Pampa Metals Corp. has issued 38,250,000 shares at $0.16 per share, raising gross proceeds of $6,120,000 under the LIFE Offering [1][2] - The net proceeds will be used for exploration drilling at the Cobrasco copper porphyry discovery in Colombia, preparatory work for the Piuquenes copper-gold discovery in Argentina, and general corporate purposes [2] - The acquisition of Rugby Resources Ltd. is expected to be completed shortly after the special meeting of Rugby shareholders on July 16, 2025 [3] Financial Details - The company paid aggregate finder's fees of $179,950 and issued 1,388,756 finder's warrants and 264,063 finder's shares in connection with the Private Placement [4] - Canaccord Genuity Corp. served as the financial advisor and will receive an advisory fee of $61,200, which is 1% of the total gross proceeds raised [4] Company Background - Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges [6] - The company has entered into an Option and Joint Venture Agreement for an 80% interest in the Piuquenes Copper-Gold Porphyry Project in Argentina and an agreement to acquire 100% of Rugby Resources Ltd., which will give it an 80% interest in the Cobrasco Project in Colombia [6]
Silver North $2.1 Million Non-Brokered Flow-Through Private Placement Fully Subscribed
Thenewswire· 2025-07-15 11:30
Core Viewpoint - Silver North Resources Ltd. is conducting a non-brokered private placement to raise funds through two offerings: a flow-through unit offering and a non-flow-through unit offering, aimed at supporting exploration and administrative expenses. Group 1: Private Placement Details - The FT Unit Offering has been fully subscribed, aiming to raise up to $2,100,000 at a price of $0.21 per unit, each unit consisting of one common share and one-half warrant [2][6] - The HD Unit Offering is set to raise an additional $500,000 at a price of $0.15 per unit, also comprising one common share and one-half warrant [3][6] - Each warrant from both offerings allows the holder to purchase one common share at an exercise price of $0.35 for a period of 48 months [2][3] Group 2: Use of Proceeds - Proceeds from the FT Units will be allocated for exploration and related programs on the Haldane and GDR mineral properties in the Yukon Territory [4][12] - Funds from the HD Units will be utilized for general and administrative expenses and project pipeline development [4] Group 3: Tax and Regulatory Compliance - The company will incur eligible "Canadian exploration expenses" from the FT Unit proceeds, renouncing these expenditures to subscribers by December 31, 2025 [5] - The offerings are subject to regulatory approvals, including compliance with the TSX Venture Exchange policies [6][10] Group 4: Exploration Plans - A 10-hole diamond drilling program is planned at the Haldane project to target expansion of silver-lead-zinc mineralization, with previous drilling returning significant silver grades [13] - Exploration activities will also include a prospecting, sampling, and mapping program at the GDR project, focusing on a geochemical anomaly [12] Group 5: Company Overview - Silver North Resources Ltd. owns the Haldane Silver Project, Tim Silver Project, and GDR project, with plans to acquire additional silver properties in favorable jurisdictions [14] - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the United States under the symbol "TARSF" [15]