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Prismo Metals Identifies Porphyry Style Mineralization at Silver King
Thenewswire· 2025-09-15 07:30
Core Insights - Prismo Metals Inc. has identified porphyry style mineralization at its Silver King project in Arizona, which is near the significant Resolution Copper deposit, indicating strong potential for further exploration and development [1][3][5] Exploration Findings - The exploration team has successfully identified several targets beyond the historic silver mine deposit, including polymetallic veins and altered intrusions with stockwork quartz-pyrite veining, suggesting a rich mineralization environment [3][10] - The Silver King deposit is located just 3 kilometers from the Resolution Copper deposit and the former high-grade Magma mine, which produced approximately 27.6 million short tons of ore with an average copper grade of about 4.9% [5][18] - Historical mining at the Magma mine yielded significant quantities of zinc, gold (689K oz), and silver (34.3M oz), highlighting the area's potential for valuable mineral resources [5][18] Geological Characteristics - Mineralization at Silver King is hosted by the same rock sequence as the nearby deposits, with surface exposure that is not obscured by volcanic rocks, enhancing exploration opportunities [5][18] - The presence of oxide copper minerals, particularly malachite, along a northeast dipping limestone horizon indicates favorable geological conditions for mineralization [6][10] - A previously identified felsic intrusion has been confirmed by Prismo geologists, characterized by strong stockwork quartz-pyrite veining and anomalous metal values in soil samples, further supporting the potential for porphyry mineralization [8][10] Geochemical Analysis - A geochemical survey using handheld XRF instruments revealed discrete anomalies for copper (Cu), silver (Ag), and antimony (Sb) around the historic glory hole, with copper values ranging from 5,619 ppm to 12.5 ppm, silver from 186 ppm to 1.3 ppm, and antimony from 300 ppm to 3.9 ppm [11][15] - The exploration program has led to the identification of new mineralized occurrences, including distinct veins with high-grade silver, lead, and zinc, as well as copper and silver values [16][10] Future Plans - The initial phase of exploration has provided valuable insights into the potential of the Silver King project, with plans for a drill program currently in the permitting stage [13][10] - The strategic location of the Silver King mine, surrounded by the Resolution Copper claim block, offers significant upside potential for future exploration and development [18]
Universal Ibogaine Announces Results of the Annual Meeting of Shareholders
Thenewswire· 2025-09-15 00:15
Core Points - Universal Ibogaine Inc. held its annual meeting of shareholders on September 4, 2025, where significant decisions regarding the company's governance and compensation were made [1][2]. Shareholder Meeting Results - A total of 129,390,665 shares, representing 41.4% of the 312,858,516 outstanding common shares, were voted at the meeting [3]. - The election results for the Board of Directors showed that nine nominees were elected, with varying levels of support, including: - Constantine Buzunis: 90.9% in favor - Ken Cranwill: 90.9% in favor - James Duncan: 44.3% in favor - Peter Demos Ginakes: 91.0% in favor - Eric Hrimech: 44.3% in favor - Nick Karos: 44.0% in favor - Nia Killebrew: 44.3% in favor - Peter Vlahos: 90.6% in favor - Tony Wagner: 44.3% in favor [3][4]. Compensation and Equity Plans - The Board approved the granting of 13,500,000 Restricted Share Units (RSUs), including 6,000,000 RSUs to CEO Nick Karos, with vesting occurring one year after the grant date [2]. - The company's 2025 Employee Equity Incentives Plan (EICP) and 2024 Stock Option Plan (SOP) were not re-approved, as they did not meet the required 50% minimum shareholder approval [4][5]. Company Overview - Universal Ibogaine Inc. is focused on transforming addiction treatment through medicalized ibogaine, with plans for a Canadian clinical trial targeting opioid use disorders [6]. - The company is also developing a holistic addiction treatment protocol at its Kelburn Recovery Centre, aimed at improving the lives of individuals and families affected by addiction [6].
Ocumetics Engages The Howard Group to Direct Capital Market & Corporate Digital Communications Programs
Thenewswire· 2025-09-12 23:50
Group 1 - Ocumetics Technology Corp. has engaged Howard Group Inc. as its investor relations communications advisor for a six-month period starting September 1, 2025, with a monthly compensation of $10,000 and additional fees as needed [1][2] - The agreement includes granting Howard Group stock options to purchase up to 250,000 common shares for two years at market price, with an additional 250,000 options if the contract is extended [1] - The engagement is subject to the approval of the TSX Venture Exchange, which is currently pending [2] Group 2 - Ocumetics is a Canadian research and product development company focused on advanced vision correction solutions aimed at enhancing patients' quality of life [3] - The company is in the preclinical study phase of developing a revolutionary intraocular lens designed to fit within the natural lens compartment of the eye, potentially eliminating the need for corrective lenses [4] - This intraocular lens is intended to allow the eye's natural muscle activity to shift focus from distance to near, providing clear vision at all distances without glasses or contact lenses [4]
Grounded People Clarifies Press Release
Thenewswire· 2025-09-12 23:00
Core Viewpoint - Grounded People Apparel Inc. is addressing disclosure issues identified by the British Columbia Securities Commission, retracting previous financial disclosures and clarifying omissions related to stock options and management structure [1][2][3]. Group 1: Financial Disclosures - The Company retracts the sales order disclosures from the August 2, 2024 News Release, acknowledging that the presentation lacked balance and context [1]. - The May 29, 2024 News Release failed to disclose the granting of 20,000 stock options to the former CFO and an additional 60,000 options to other employees [2]. - An amended Management's Discussion and Analysis for the year ended February 29, 2024, has been filed, detailing the current audit committee composition [3]. Group 2: Investor Relations and Services - The Company has an agreement with Stride Publishing, now Wealth Campus Inc., for investor relations and digital marketing services, valued at $550,000 [4]. - All previous disclosures referencing Stride Publishing should now refer to Wealth Campus [5]. Group 3: Company Overview - Grounded People Apparel Inc. is a sustainable shoe company based in Vancouver, focused on fair-trade and environmentally friendly practices [6]. - The Company’s products are 100% PeTA-approved vegan, made from sustainable materials, and manufactured in a fair-trade facility in Brazil [6]. - The L.A.C.E.S. campaign allows consumers to purchase shoelaces linked to charities, with all profits donated to those causes [7][8].
St-Georges sets date for Annual General Meeting & Extends the Duration of Some Warrants
Thenewswire· 2025-09-12 22:15
Corporate Update - St-Georges Eco-Mining Corp. will hold its Annual General Meeting on December 12, 2025, at 1pm EDT in a hybrid format, allowing both in-person and virtual attendance [1] - Management is conducting surface sampling and fieldwork on the Julie and Manicouagan Critical Minerals Projects in September and October to validate new geological models and confirm the potential of newly identified target zones [1] Project Developments - CEO Herb Duerr, along with a senior geologist and a water expert geologist, will visit the Thormodsdalur and Elbow Creek Gold Projects in Iceland for geological assessments and community engagement [2] - The company is extending the validity of certain warrants issued to subscribers, with new terms set for warrants issued on September 14, 2023, and October 31, 2023, extending the exercise period from 24 months to 42 months [3][5] Company Overview - St-Georges Eco-Mining Corp. develops new technologies and holds a diversified portfolio of assets, including advanced battery processing, metallurgical R&D for lithium recovery, high-grade gold exploration projects, and methane conversion technology [8]
SuperQ Quantum to Present at the ArcStone-Kingswood Growth Summit 2025 in Toronto
Thenewswire· 2025-09-12 20:30
Core Insights - SuperQ Quantum Computing Inc. is participating in the ArcStone-Kingswood Growth Summit on September 18, 2025, in Toronto, where CEO Dr. Muhammad Khan will present the company's recent milestones and growth strategy [1][2] Company Overview - SuperQ Quantum Computing Inc. is a leader in commercial quantum and supercomputing, focusing on delivering significant ROI for global organizations through advanced computational power [5][6] - The company's flagship Super™ platform aims to make quantum computing intuitive and accessible, targeting sectors such as finance, healthcare, logistics, and defense [6] Event Details - The ArcStone-Kingswood Growth Summit will feature over 20 high-growth companies and a curated group of institutional and retail investors, facilitating strategic networking and insight-sharing [2] - The event will include keynote presentations, expert-led panel discussions, and focused one-on-one meetings to connect investors with compelling opportunities [2] Strategic Partnerships - ArcStone Securities and Investments Corp. is a diversified financial services firm that specializes in bespoke solutions for mid-market companies, particularly in cross-border transactions between Canada and the U.S. [4] - Kingswood US, part of the Kingswood Group, provides comprehensive investment banking, wealth management, and equity research solutions [4]
Vanguard Advances Prospection Permit Process with MADES at Yuty Prometeo Uranium Project, Neighboring UEC's Yuty Project
Thenewswire· 2025-09-12 20:15
Core Viewpoint - Vanguard Mining Corp. has submitted an Environmental License Application to advance the acquisition of the Yuty Prometeo Uranium Project in Paraguay, marking a significant milestone in the regulatory process [1][2][3] Company Summary - Vanguard Mining Corp. is focused on the discovery and development of strategic minerals, particularly uranium, and is advancing projects in the United States and Paraguay [12] - The company aims to strengthen its uranium asset pipeline and enhance long-term value for shareholders amid increasing global energy security and nuclear power demand [3] Project Details - The Yuty Prometeo Uranium Project consists of four concessions covering approximately 90,000 hectares (222,395 acres) in the Paraná Basin, a promising uranium region in southeastern Paraguay [4][6][8] - The project area is adjacent to Uranium Energy Corp.'s Yuty Deposit, which has an indicated resource of 8.96 million pounds of U₃O₈ [6][9] - The Prometeo Concession spans about 27,666 hectares (68,368 acres) and has historical drill records indicating uranium values between 0.05% and 0.10% U₃O₈ [7] Regulatory and Market Context - The submission of the Environmental License Application is a key step toward obtaining a Prospection Permit from the Ministerio del Ambiente y Desarrollo Sostenible (MADES), essential for full exploration and development approvals [2][3] - Paraguay is recognized for its political stability, investor-friendly policies, and untapped mineral potential, making it an attractive jurisdiction for long-term uranium exploration [11]
Cariboo Rose Resources Ltd. Considers Share Consolidation
Thenewswire· 2025-09-12 20:15
Core Viewpoint - Cariboo Rose Resources Ltd. is seeking shareholder approval for a consolidation of its outstanding share capital at its Annual General and Special Meeting scheduled for October 17, 2025 [1] Group 1: Consolidation Details - If approved, the Board of Directors will have the authority to consolidate shares at a ratio of up to two (2) to one (1) [2] - The Board may select a lower consolidation ratio without further shareholder approval if deemed appropriate [2] - The consolidation may be implemented at any time after the Meeting, subject to acceptance from the TSX Venture Exchange [3] Group 2: Rationale and Effects - The Board believes that consolidating shares will provide flexibility to reduce the number of outstanding shares, potentially making it easier to attract additional equity financing [4] - If the consolidation is approved and implemented, the number of shares will be reduced from 58,011,888 to approximately 29,005,944 shares at a two (2) to one (1) ratio [7] - The exercise or conversion price of outstanding convertible securities, stock options, and warrants will be proportionately adjusted based on the consolidation ratio [7]
Eastfield Resources Ltd. Considers Share Consolidation
Thenewswire· 2025-09-12 19:45
Core Viewpoint - Eastfield Resources Ltd. is seeking shareholder approval for a consolidation of its outstanding share capital at a ratio of up to 2:1, which may facilitate attracting additional equity financing [1][2][4]. Group 1: Consolidation Details - The Board of Directors will have the authority to consolidate shares at a ratio of up to 2:1, with the option to select a lower ratio if deemed appropriate [2]. - If approved, the number of shares will be reduced from approximately 61,561,585 to about 30,780,793 shares under the 2:1 ratio [9]. - The Board may implement the consolidation after the Annual General and Special Meeting, subject to TSX Venture Exchange acceptance [3]. Group 2: Rationale and Implications - The consolidation aims to provide flexibility for the Company to reduce outstanding shares, potentially making it easier to attract additional equity financing [4]. - There will be no change of name associated with the consolidation [5]. - The exercise or conversion price of outstanding convertible securities, stock options, and warrants will be proportionately adjusted based on the consolidation ratio [9]. Group 3: Stock Options - The Company has approved stock options for a consultant to purchase 300,000 common shares at $0.05 per share, with a five-year term and immediate vesting [6].
Providence Gold Mines Inc. Announces Financing Update on the La Dama de Oro Gold Property
Thenewswire· 2025-09-12 18:25
Core Viewpoint - Providence Gold Mines Inc. is initiating a non-brokered Unit Private Placement Financing of up to $250,000 through the issuance of 5,000,000 units, each consisting of one Common Share and one full Warrant, priced at $0.05 per Unit, subject to regulatory approval [1][2]. Financing Details - The Private Placement will involve a four-month plus one-day hold period for all securities issued, in accordance with applicable securities laws [2]. - The Company plans to utilize the net proceeds for regulatory fees, sampling, evaluation of underground mineralization at the La Dama De Oro property, and administrative expenses [3]. Property and Mineralization - The La Dama de Oro Property is located in the Silver Mountain Mining District, characterized by complex geology and significant structural features, including the La Dama de Oro Fault [5]. - The mineralization is classified as a low-sulfidation epithermal gold-silver vein system, with the largest known vein measuring 4.5 feet at its widest point and extending over 6,000 feet, indicating robust exploration potential [6]. Permits and Future Opportunities - All necessary permits for bulk sampling, water access, road access, and environmental plans have been approved, providing a foundation for potential future production at the La Dama de Oro mine [4][7]. - The Company is responding to regulatory requests for additional information regarding its NI 43-101 submission, which has been classified as a Fundamental Transaction [3].