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Adamera Expands Glix Prospect on South Hedley Gold Property
Thenewswire· 2025-09-16 19:35
Core Insights - Adamera Minerals Corp. is expanding the Glix Prospect, identifying soil samples with gold values ranging from 24 to 4,283 ppb (4.3 g/t) [1][5] - The Glix Prospect is located on the 100% owned South Hedley claims in British Columbia, with plans for a drill program to test both the Glix and Max Prospects [2] - The Glix Prospect features a coherent gold in soil anomaly measuring approximately 90 x 50 meters, open for further expansion [4] Company Developments - A follow-up sampling and prospecting program is currently underway, with geophysical surveys planned for the Glix area [1] - The highest gold value recovered to date from the Glix Prospect is 4.3 g/t, which will be the focus of immediate prospecting efforts [5] - The area has favorable geology, with identified scapolite-altered rocks and nearby sulphide mineralization [6] Historical Context - Approximately 2.5 million ounces of gold were produced in the Hedley Gold Camp, located less than 10 kilometers from Barrick Gold Corp's Nickel Plate Mine [3] - Previous sampling returned weakly anomalous values, with follow-up samples showing significant enrichment in gold, zinc, and arsenic [7]
Fuse Battery Announces the Signing of the Share Exchange Agreement with Pointor AI for a Proposed Change of Business/Reverse Take-Over
Thenewswire· 2025-09-16 17:35
Core Viewpoint - Fuse Battery Metals Inc. has entered into a formal Share Exchange Agreement to acquire 100% of Pointor AI, a recruitment technology company focused on artificial intelligence, which is expected to enhance Fuse's business operations and shareholder value [1][2][5]. Company Overview - Fuse Battery Metals Inc. is a Canadian exploration company focused on high-value metals for battery manufacturing, trading under the symbol FUSE on the TSX Venture Exchange [37]. - Pointor AI is a newly incorporated private company in British Columbia, dedicated to AI software commercialization for the HR and recruitment industries [4]. Transaction Details - The acquisition will be executed through a share exchange transaction involving the issuance of 50,000,000 common shares at a deemed price of $0.05 per share [10]. - The transaction is subject to shareholder approval and TSX Venture Exchange (TSXV) approval [1][22]. Pointor AI's Business Model - Pointor AI's platform aims to reduce executive and specialist hiring time by 80% and costs by up to 90% compared to traditional methods, which typically charge 30-35% of the first-year salary [2][8]. - The company employs a dual revenue model: a per-placement fee model and an enterprise subscription model, with an average monthly fee of £5,000 [7]. Market Potential - The global recruitment market is valued at US$757 billion in 2024 and is projected to reach US$2.3 trillion by 2033, with a CAGR of 13.1% [6]. - Pointor AI targets large enterprises with over 10,000 employees, focusing initially on the UK and North America, with plans for expansion into the EU and Asia [6]. Technology and Innovation - Pointor AI's platform utilizes machine learning and natural language processing to analyze publicly available professional data, offering features like competitor research and salary benchmarking [3]. - The platform's architecture consists of four layers: data collection, processing, intelligence, and interface, designed to provide an intuitive user experience [3]. Management Team - The management team of Pointor AI includes Jessie Johnson as CEO, Tarka L'Herpiniere as CTO, and Oliver Willett as Strategic Advisor, all of whom bring extensive experience in technology and recruitment [4][25][30]. - Jessie Johnson has over 20 years of experience in executive search and has successfully expanded operations into international markets [25][26]. Financial Information - Financial statements for Pointor AI were not available at the time of the news release, and summary financial information will be disclosed later [9]. - The company plans to complete a private placement of subscription receipts for a minimum of CAD$2.0 million to support the transaction [20].
DeepMarkit Announces LOI to Acquire Prospect Prediction Markets and Concurrent Private Placement
Thenewswire· 2025-09-16 16:45
Core Viewpoint - DeepMarkit Corp. has entered into a non-binding letter of intent to acquire all outstanding shares of Prospect Prediction Markets Inc., subject to conditions including approval from the TSX Venture Exchange [1][7]. Group 1: Transaction Overview - The transaction involves a share purchase or exchange, with each Prospect common share being exchanged for approximately 16.67 Common Shares of DeepMarkit, resulting in a total of about 10,000,000 Common Shares being issued [3]. - The total valuation for Prospect is approximately $600,000, with each Consideration Share priced at $0.06 [3]. - The transaction is expected to be classified as a "Fundamental Acquisition" under Exchange Policy 5.3 and will be subject to Exchange review [7]. Group 2: Business of Prospect - Prospect is a private company focused on developing fantasy sports software, utilizing a free-to-play prediction market platform and a proprietary ranking-style algorithm on the Avalanche blockchain [2]. Group 3: Post-Transaction Structure - Following the transaction, Prospect will have the right to nominate one director to DeepMarkit's board, and Trevor Broad, the CEO of Prospect, will become the Chief Technology Officer of DeepMarkit [4]. - After the transaction and a concurrent private placement, Prospect's shareholders will own approximately 17.18% of DeepMarkit [5]. Group 4: Private Placement Details - DeepMarkit plans to conduct a non-brokered private placement of up to 36,000,000 Common Shares at $0.06 per share, with no minimum offering size [8]. - The net proceeds from the private placement will be used for initial payments to Prospect Labs Inc., business development, and general corporate purposes [9].
Terra Clean Energy Corp. Announces Agreement to Earn 100% Interest in 75 Past Producing Uranium Claims on The San Rafael Swell, Utah, United States
Thenewswire· 2025-09-16 16:35
Core Viewpoint - Terra Clean Energy Corp. is set to acquire up to a 100% interest in 75 uranium claims located in Emery County, Utah, which is expected to enhance the company's portfolio with a low-risk uranium project [1][2]. Transaction Highlights - The acquisition includes two claim groups: Wheal Anne Claims and Green Vein Mesa Claims, both situated in a historically significant uranium district in the USA [4][5]. - The transaction is designed to optimize exploration programs through a staged earn-in structure, allowing the company to gradually increase its interest in the claims [7][17][18]. Rationale Behind the Acquisition - The claims are located in an area with a history of uranium production, and the company believes there is additional minable uranium present [4][5]. - The acquisition aligns with recent U.S. government policies aimed at boosting nuclear power and uranium mining activities [4][5]. Project Overview - The San Rafael Swell is a prominent uranium mining district in east-central Utah, with historical production occurring from the late 1940s to the 1970s [5][6]. - The geological formations in the area are known to host uranium, with significant potential for further exploration and development [6][8]. Claim Details - The Wheal Anne Claim Group covers approximately 130 hectares and includes the former Lucky Strike Mine, which produced over 10,000 tons of ore with a grade of 0.22% U3O8 [7][8]. - The Green Vein Mesa Claim Group encompasses around 300 hectares and includes several past-producing mines, with local samples reportedly reaching up to 1% U3O8 [8]. Financial Structure of the Acquisition - For the Wheal Anne Claims, the company will make cash payments totaling USD$260,000, issue 2,500,000 common shares, and incur exploration expenditures of USD$200,000 over five years to earn a 100% interest [17]. - For the Green Vein Mesa Claims, the company will make cash payments totaling USD$100,000, issue 1,250,000 common shares, and incur exploration expenditures of USD$66,667 over five years to earn a 100% interest [18]. Regulatory Approvals - The agreements for the acquisition are subject to regulatory approvals, including those from the Canadian Securities Exchange [20].
Ocumetics Completes One-Month Postoperative Examinations - Results Pending
Thenewswire· 2025-09-16 13:00
Core Insights - Ocumetics Technology Corp. has completed one-month postoperative examinations of the first patients implanted with the Ocumetics Accommodating Intraocular Lens in Mexico City on August 15, 2025 [1][2] - The company is currently focusing on Group 1 patients, with surgeries for the second and final day scheduled for September 24, 2025 [3] - The clinical protocol is designed to evaluate safety, distance vision correction, product handling, and near reading ability [7] Company Overview - Ocumetics Technology Corp. is a Canadian research and product development company dedicated to advanced vision correction solutions aimed at enhancing patient quality of life [4] - The company is in the preclinical study phase of a new intraocular lens technology that may eliminate the need for corrective lenses by allowing natural muscle activity to shift focus [5]
New Age Metals Announces Farid Mammadov as Vice President of Investor Relations
Thenewswire· 2025-09-16 12:35
Core Insights - New Age Metals Inc. has entered into an Amended Investor Relations Employment Agreement with Farid Mammadov, extending his role for an additional 12 months and appointing him as Vice President of Investor Relations [1][2] - The company will pay Mr. Mammadov a monthly fee of $6,250, and he currently holds 250,000 stock options [2] Company Overview - New Age Metals is a junior mineral exploration and development company focused on critical green metal projects in North America, with three divisions: Platinum Group Element, Lithium/Rare Element, and Antimony-Gold [3] - The PGE Division includes the River Valley Project, one of North America's largest undeveloped Platinum Group Element projects, and the Genesis PGE-Cu-Ni Project in Alaska [4] - The Lithium Division is exploring hard rock lithium and rare elements in the Winnipeg River Pegmatite Field, in partnership with Mineral Resources Ltd. [5] - The Antimony-Gold division spans over 19,800 hectares in Newfoundland, with recent approvals under the Junior Exploration Assistance Program [8] Recent Developments - A $1.5 million NSERC Alliance grant was awarded for research focused on advancing Canada's critical metals sector, with approximately $107,000 planned for New Age's properties in 2025 [6] - The company is also supporting a $180,000 Mitacs research grant, contributing $90,000 to a partnership with the University of New Brunswick and the University of British Columbia [7] - New Age Metals announced an investment in MetalQuest Mining, holding approximately 12.79% of the company, which is developing a significant iron ore project [9][10] Strategic Initiatives - The company is actively seeking new mineral acquisition opportunities internationally and aims to option projects with major and junior mining companies [11]
Hybrid receives Order for Batt Pack Jupiters from Major Transit Operator and Signs Sales Agent Agreement with BC-based Groovy Energy
Thenewswire· 2025-09-16 12:31
Core Insights - Hybrid Power Solutions Inc. has received a third order for two Batt Pack Jupiter high-performance portable power systems from a major transit operator, emphasizing the product's reliability, efficiency, and sustainability [1] - The company has entered into a sales agent agreement with Groovy Energy Ltd., allowing Groovy to market and distribute Hybrid's fuel-free power products across British Columbia, enhancing access to clean energy solutions [2] - Groovy Energy, led by Jodine Baluk, aims to leverage Hybrid's technology to drive cost savings and improve health outcomes across various sectors, including mining, construction, and healthcare [3] Product Features - The Batt Pack Jupiter offers a continuous output of 7,000W and a surge capacity of 12,000W, enabling it to power multiple heavy-duty equipment simultaneously [5] - It operates effectively in extreme temperatures ranging from -20°C to 45°C, showcasing advanced thermal management [5] - The system is solar-compatible, integrating with existing panel arrays up to 800W, promoting renewable energy use [5] - The zero maintenance design eliminates the need for fuel, oil, or engine servicing, significantly reducing operational costs compared to diesel generators [5] - The product promises a rapid return on investment through fuel savings and lower upkeep, particularly when combined with solar or wind energy [5] Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol "HPSS," focusing on portable power systems that eliminate fossil fuel dependency [4]
Ares Strategic Mining Discovers High-Value Germanium in Addition to Gallium in its Fluorspar Ore
Thenewswire· 2025-09-16 12:10
Core Insights - Ares Strategic Mining Inc. has reported a significant breakthrough in its materials analysis program, confirming the presence of germanium and gallium in its fluorspar ore samples from the Spor Mountain Project in Utah [1][4]. Company Overview - Ares Strategic Mining Inc. focuses on developing fluorspar projects in the U.S. and aims to become a major supplier of high-grade fluorspar to North American markets, supporting industries essential for modern technology and infrastructure [6]. Mineral Discovery - The analysis conducted in partnership with Iowa State University and Ames National Laboratory revealed germanium concentrations of 0.15% (1,500 ppm) and 0.05% (500 ppm) in two of the seven samples tested, with low error margins [3]. - The presence of both germanium and gallium is significant as they are classified as critical minerals on the U.S. supply risk list [4]. Strategic Development Plans - Following the successful proof-of-concept testing, the company plans to continue advanced laboratory characterization to quantify germanium and gallium concentrations across additional batches [7]. - Ares will also explore commercial pathways for extracting and recovering these materials alongside fluorspar and evaluate potential economic co-products and vertical integration opportunities [7]. Commitment to Supply Chain Resiliency - The initiative is part of Ares' broader commitment to maximize resource value and contribute to the domestic supply chain resiliency for critical materials in the United States [5].
Western Star Resources Signs MOU with The Real American Corp to Advance U.S. Expansion Strategy
Thenewswire· 2025-09-16 12:00
Core Viewpoint - Western Star Resources Inc. has signed a Memorandum of Understanding (MOU) with The Real American Corp to enhance its presence in the U.S. mining sector, focusing on strategic minerals, particularly Tungsten [1][2][3]. Group 1: Partnership and Growth Strategy - The partnership with The Real American Corp is a significant milestone in Western Star's long-term growth strategy, aimed at building a substantial land bank of strategic mineral assets [2]. - This collaboration aligns Western Star with U.S. national priorities regarding critical minerals, which are essential for defense, clean energy, and high technology sectors [3]. Group 2: Local Expertise and Industry Engagement - Through the MOU, Western Star will leverage The Real American's local expertise to drive operational growth and create long-term value for shareholders [4]. - To strengthen its relationships in Nevada, Western Star plans to apply for membership in the Nevada Mining Association (NVMA), which will provide access to the state's mining supply chain and industry networks [5]. Group 3: Company Overview - Western Star Resources is a mineral exploration and development company focused on increasing shareholder value through cost-effective exploration practices and strategic partnerships [6]. - The company currently owns nine non-surveyed contiguous mineral claims totaling 4,797 hectares in British Columbia [6].
Adamera Expands Glix Prospect on the South Hedley Gold Property
Thenewswire· 2025-09-16 11:30
Vancouver, British Columbia – TheNewswire - September 16, 2025 – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) ("Adamera" or the "Company") continues to expand the Glix Prospect and has identified several additional soil samples with anomalous gold values ranging from 24 to 4,283 ppb* (4.3 g/t) gold. A follow up sampling and prospecting program is underway and geophysical surveys are being planned for the Glix area. The Glix prospect is located on the Company’s 100% owned South Hedley claims in British C ...