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Critical Infrastructure Technologies Ltd. and Babcock International Group Execute a Memorandum of Understanding (MOU)
Thenewswire· 2025-09-10 12:20
Core Points - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Memorandum of Understanding (MOU) with Babcock International Group to co-develop a platform for the Ukrainian Armed Forces that integrates 5G communications, ISR, and counter-UAS capabilities [1][2] - The agreement includes the supply of 50 Nexus 20 platforms, which will be delivered in a 20-foot containerized format, making them easily transportable by truck [2] - The MOU also outlines plans for a Nexus 20 assembly hub in Eastern Europe, aiming to expand opportunities across NATO's Eastern Flank [2][3] Company Overview - CiTech specializes in autonomous, high-capacity mobile communications platforms, targeting sectors such as mining, defense, border security, and emergency services [7] - The Nexus 16, CiTech's first product, aims to provide critical mobile telecommunications using patented self-deploying technology [7] - Babcock International Group is a FTSE 100 defense company operating in multiple countries, focused on enhancing defense capabilities and critical assets [4]
Global Energy Metals Announces Acquisition of Luna Energy and Portfolio of Highly Prospective Uranium and Energy Metal Projects
Thenewswire· 2025-09-10 12:10
Core Viewpoint - Global Energy Metals Corporation has entered into a letter of intent to acquire Luna Energy Ltd, aiming to enhance its position in the uranium sector amid rising global demand for nuclear energy as a clean power source [1][2][3] Company Summary - The acquisition will allow Global Energy Metals to gain immediate access to a portfolio of uranium projects in Paraguay, a region identified as under-explored yet mining-friendly [1][3] - The transaction aligns with the company's strategy to diversify its energy metals portfolio, focusing on quality assets in the critical minerals sector [3][5] - Following the acquisition, Luna will become a wholly owned subsidiary of Global Energy Metals, with existing directors continuing to lead the company [5][7] Project Portfolio - Luna Energy has focused on exploring the uranium potential of the Paraná sedimentary basin in Paraguay, controlling one of the largest under-explored uranium land positions in South America [4][12] - The company also holds prospective lithium and other critical mineral assets in the region, enhancing its overall portfolio [4] Transaction Details - The transaction involves the exchange of all issued shares of Luna for 7,239,870 common shares of Global Energy Metals after a share consolidation [6][10] - A concurrent financing plan aims to raise up to $2 million through the issuance of units at a price of $0.15 per unit, which will support exploration and development efforts [9][10] Market Context - The mining industry is experiencing a transformation due to increased demand for critical minerals and a shift towards sustainable energy solutions, creating significant investment opportunities [3] - The global uranium demand is projected to rise significantly over the next decade, driven by the expansion of nuclear energy as a clean power source [2]
Visual Drill Results from Teuton's Ram Property -- Golden Triangle, British Columbia
Thenewswire· 2025-09-10 12:10
Core Insights - Teuton Resources Corp. has initiated its 2025 drill program on the Ram Property, located in British Columbia's Golden Triangle, with promising visual results from the first three drill holes [1][2]. Drill Program Highlights - The drill program targets two magnetic anomalies, with significant sulfide concentrations observed, particularly pyrrhotite, which is associated with precious metals in nearby deposits [2][3]. - The first three holes in Target 1 revealed an increase in sulfide concentrations at depth, indicating potential for precious metal endowment [2][3]. - Drill holes RAM25-03 to RAM25-05 intersected a strong magnetic high of approximately 1,000 by 800 meters, with significant mineralization observed [3][4]. Target Analysis - **Target 1 (Western Magnetic Anomaly)**: - Comprises a 1,000 by 800 meter magnetic high, located 7 km southwest of the Red Mountain deposit. The drilling has intersected broad domains of hornfels and high proportions of disseminated pyrrhotite-pyrite-chalcopyrite mineralization [4][5]. - **Target 2 (Eastern Magnetic Anomaly)**: - A 1 km long by 150 meter wide magnetic high has been identified, associated with a multi-phase porphyry intrusion. Drilling has revealed significant alteration and mineralization [4][5][6]. Sample Analysis - A first batch of samples from Hole 3 has been sent for analysis, with previous surface sampling indicating gold concentrations ranging from trace to 7.01 grams per tonne and silver from 0.12 to 58.63 grams per tonne [3][4]. Future Plans - Drilling has resumed with a seventh hole planned to reach a depth of 400 meters, aimed at further exploring the mineralization potential along the porphyry intrusion [4][7].
Element79 Gold Corp Engages Rangefront Mining Services to Complete Ni 43-101 Technical Report on Elephant Project
Thenewswire· 2025-09-10 12:00
Core Viewpoint - Element79 Gold Corp has engaged Rangefront Mining Services to complete a National Instrument 43-101 Technical Report on its 100%-owned Elephant Project in Nevada, aiming to enhance its exploration portfolio in the region [1][2]. Group 1: Project Details - The Elephant Project is located in Nevada's Battle Mountain Trend, known for its significant gold production history and multiple identified gold-bearing structures [3]. - Historical exploration has revealed strong potential for both high-grade and bulk-tonnage gold mineralization at the Elephant Project [3]. Group 2: Technical Report and Future Plans - The NI 43-101 Technical Report is intended to validate the Elephant Project as a "property of merit," which will facilitate a systematic exploration program to unlock its potential [4]. - Rangefront has begun compiling and analyzing three decades of historical exploration data for the Elephant Project, with the report expected to be completed in Q4 2025 [2]. Group 3: Company Strategy and Partnerships - The partnership with Rangefront is viewed as valuable due to their expertise in Nevada geology, which is crucial for advancing the company's exploration strategy [5]. - Element79 Gold's focus is on its Nevada portfolio, particularly the Gold Mountain and Elephant Projects, while also advancing its Lucero Project in Peru for long-term growth [7].
CTT Pharma Signs Contract for $3 Million Equity Line of Credit
Thenewswire· 2025-09-10 10:00
Core Insights - CTT Pharmaceuticals Holdings, Inc. has signed a contract for a $3 million equity line of credit to fund the manufacturing of its patented technology [1] - The company plans to file an S-1 and become a SEC reporting company [1] - CTT Pharma is awaiting approval or denial from the NIH for clinical trials with Johns Hopkins University [2] Corporate Updates - CTT's submission to the National Science Foundation (NSF) Grant Program is under review, with a funding decision expected by the end of Q4 [3] - The Small Business Association (SBA) is anticipated to notify CTT regarding potential loan approval for manufacturing [3] - CTT's audit for 2024 has been successfully completed by a PCAOB audit firm, marking three years of PCAOB audits [3] - The company's scientists are finalizing a manuscript for submission to a peer-reviewed journal [3]
Vanguard Mining to Acquire Nucleon Uranium Ltd., Expanding Uranium Exploration Footprint in Saskatchewan's Athabasca Basin
Thenewswire· 2025-09-10 07:05
Core Viewpoint - Vanguard Mining Corp. has entered into a share exchange agreement to acquire 100% of Nucleon Uranium Ltd., enhancing its uranium portfolio and positioning itself strategically in the growing nuclear energy market [1][2][4]. Company Overview - Vanguard Mining Corp. is focused on the discovery and development of high-value strategic minerals, particularly uranium, to support the global energy transition [16]. - Nucleon Uranium holds seven mineral claims totaling 23,424.90 hectares in Saskatchewan's Athabasca Basin, a premier uranium district known for its high-grade deposits [3][4]. Acquisition Details - The acquisition involves Vanguard issuing 7,000,000 common shares and making cash payments of C$200,000 to Nucleon Uranium's shareholders [7][8]. - The transaction is expected to close in Q4 2025, subject to customary conditions and regulatory approvals [12]. Strategic Importance - The acquisition is seen as a transformational step for Vanguard, allowing it to strengthen its footprint in the Athabasca Basin alongside industry leaders [4][5]. - The claims are strategically located near significant uranium deposits and established infrastructure, providing a compelling exploration opportunity [5][6]. Future Plans - Post-acquisition, Vanguard intends to integrate Nucleon Uranium's claims into its exploration portfolio and initiate a staged exploration program, focusing on geological reviews and permitting [11]. - The company aims to capitalize on the increasing global demand for secure, high-grade uranium as part of the nuclear renaissance [12].
Granada Gold Announces Appointment of New CFO
Thenewswire· 2025-09-09 20:40
Company Overview - Granada Gold Mine Inc. has appointed Heidi Gutte as the new Chief Financial Officer, effective immediately, replacing Remantra Sheopaul [1] - Heidi Gutte brings nearly 15 years of experience in corporate finance, IFRS financial reporting, audit preparation, tax optimization, and corporate compliance within the mineral exploration and junior mining sector [2] - The company expresses gratitude to Mr. Sheopaul for his contributions and wishes him well in future endeavors [3] Mining Operations - Granada Gold Mine Inc. is actively developing and exploring its 100% owned Granada Gold Property located near Rouyn-Noranda, Quebec, which is adjacent to the Cadillac Break [5] - The company owns 14.73 square kilometers of land, consisting of mining leases and claims, and is currently conducting a large drill program with 20,000 meters completed out of a planned 120,000 meters [5] - Drilling operations are currently paused to allow the technical team to evaluate existing data and await improved market conditions [5] Historical Production - The Granada Shear Zone and the South Shear Zone contain up to twenty-two mineralized structures trending east-west over five and a half kilometers, with historical underground grades ranging from 8 to 10 grams per tonne gold [6] - The former Granada Gold underground mine produced over 50,000 ounces of gold at a grade of 10 grams per tonne in the 1930s before a fire destroyed surface buildings [7] - In the 1990s, Granada Resources extracted a bulk sample of 87,311 tonnes grading 5.17 grams per tonne gold from Pit 1 and 22,095 tonnes grading 3.46 grams per tonne gold from Pit 2 [7]
Carrier Connect Data Solutions to Present at the Emerging Growth & Value Alpha Leaders Conference by Singular Research
Thenewswire· 2025-09-09 17:20
Core Viewpoint - Carrier Connect Data Solutions Inc. is focused on expanding its operations in the Tier II/III data center market, particularly for co-location services, and will present its progress and future plans at an upcoming conference [1][2]. Company Overview - Carrier Connect Data Solutions Inc. aims to roll up Tier II/III data centers internationally, providing co-location and data center solutions to various clients, including AI companies, service providers, enterprises, and small businesses [4]. - The company operates as a carrier-neutral organization, meaning its systems are independent and fully owned within its leased space [4]. - The primary markets for Carrier Connect are Vancouver, Canada, and Perth, Australia, where it serves clients who utilize its facilities as either their main data center or as a supplementary site [4].
New Age Metals Completes Summer 2025 Exploration Program on the Genesis PGM-Cu-Ni Project, Alaska
Thenewswire· 2025-09-09 13:20
September 9th, 2025 – TheNewswire - Rockport, Ontario – New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) (“NAM” or the “Company”) provides an update on the 2025 field program at its 100%-owned Genesis PGM-Cu-Ni Project in southeast Alaska, approximately 65 km south of Glennallen and ~265 km east of Anchorage. The project is road-accessible and situated within 3 km of the all-season Richardson Highway and a high-capacity power line. From the Tonsina Lodge, which the exploration crew utilized dur ...
Total Metals Corp. Lists on the Frankfurt Stock Exchange Under the Symbol O4n
Thenewswire· 2025-09-09 12:42
Vancouver, BC – TheNewswire - September 9, 2025 - Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (FSE: O4N) is pleased to announce that its common shares are now listed on the Frankfurt Stock Exchange (“FSE”) under the trading symbol O4N. The Frankfurt Stock Exchange is the largest exchange in Germany and one of the largest in the world in terms of trading volume and market capitalization. This listing will provide Total Metals with access to a broader investment audience in Germany and E ...