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Sendero Resources Completed $4.06 Million Brokered Financing
Thenewswire· 2025-12-03 18:10
VANCOUVER, BRITISH COLUMBIA – TheNewswire - December 3, 2025) – Sendero Resources Corp. (TSXV:SEND) (the “Company” or “Sendero”) is pleased to announce that it has closed its “best-efforts” marketed private placement offering (the “Offering”) announced on November 12, 2025, raising total gross proceeds of $4,066,050 by the sale of a total of 4,280,053 common shares of the Company (the “Shares”) at a price of $0.95 per Share, which includes the partial exercise of the Agent’s Option (as defined below). The ...
LAURION Reports Multiple High-Grade Intercepts, Including 15.35 g/t Au over 0.50 m (450.9-451.4 m), 7.30 g/t Au over 0.50 m (738.6-739.1 m), and a Broad 3.0 m Interval of 1.09 g/t Au (134.0-137.0 m)
Thenewswire· 2025-12-03 15:55
Core Insights - LAURION Mineral Exploration Inc. has announced positive assay results from its 2025 exploration drilling program at the Ishkōday Project, confirming the presence of high-grade orogenic gold veins in the Marge–Allard multi-vein corridor [1][3][4] Exploration Program Overview - The 2025 drill program included 15 drill holes totaling 7,586 meters, bringing cumulative drilling at Ishkōday to 99,834 meters across 470 drill holes [2] - The final 1,716 meters of drilling results from holes LME25-067 to LME25-070 have been reported, completing the disclosures for the year's program [2] Assay Results Highlights - The four drill holes reported the highest grade intercepts of the season, demonstrating strong continuity of near-surface veins and consistent high-grade mineralization across multiple stacked gold-bearing structures [3][4] - Specific assay results include: - LME25-069: 0.5 m @ 15.35 g/t Au, 3.0 m @ 1.09 g/t Au, and 1.1 m @ 4.14 g/t Au [5] - LME25-067: 0.7 m @ 11.40 g/t Au, within 1.3 m @ 5.64 g/t Au [5] - LME25-068: 0.5 m @ 1.04 g/t Au [5] Geological Context - The drill holes targeted the eastern extension of the Marge–Allard vein system, located approximately 700 meters north of the historic Sturgeon River Mine, which hosts a network of gold-bearing quartz veins [4][6] - Historical work has shown significant gold presence in the area, with previous sampling yielding high-grade assays [4][6] Future Plans - LAURION plans to integrate the new data into its 3D geological and structural model for Ishkōday, focusing on the Sturgeon River–Brenbar Corridor and the A-Zone-CRK corridor as part of its 2026–2027 Strategic Operating Plan [7] - The upcoming work will include structural consolidation and plunge-oriented drilling to evaluate the continuity of high-grade shoots identified in previous drill programs [7]
[Video Enhanced] NexMetals Mining Raises $80 Million Securing Title on Two Botswana Critical Metal Projects
Thenewswire· 2025-12-03 15:40
Core Viewpoint - NexMetals Mining has secured unencumbered title to its Selebi and Selkirk copper, nickel, cobalt, and platinum group element assets, marking a significant milestone for the company [1][2]. Financing and Institutional Support - NexMetals raised CDN $80 million at $5.70 per unit through equity financing, with a lead order from Condire Investors LLC [2]. - The financing increased institutional ownership from 30% to 75% and eliminated legacy debt, which had previously created market overhang [6]. - The funds will be used to meet a US$25 million contingent milestone payment and to accelerate growth and project derisking [5]. Operational Developments - NexMetals has made significant progress in metallurgical breakthroughs at its Selebi Mines, allowing for the production of both copper and nickel concentrates [9][11]. - The copper concentrate has a grade of 27.6% with an 87% recovery rate, providing a strategic advantage with lower capital and operational expenditures [11][12]. - The company has drilled 231 meters at Selkirk, establishing scale and grade potential with a 1.09% CuEq average, including 97 meters of 1.28% CuEq [13][14]. Market Context and Strategic Importance - The demand for critical metals, particularly for green energy transformation, has surged, with copper prices increasing by 115% over the last five years [19]. - Botswana's government, under President Duma Boko, is focused on diversifying its mining sector beyond diamonds, which have historically dominated its economy [17]. - NexMetals aims to play a significant role in Botswana's economic evolution through its copper-nickel projects [17].
Anon Signs Non-Binding Letter of Intent with Arkhive Technologies to Acquire 30% Strategic Interest
Thenewswire· 2025-12-03 14:00
Core Insights - Anonymous Intelligence Company Inc. has entered into a non-binding Letter of Intent to acquire a 30% ownership interest in ARKHIVE Technologies Ltd. through cash, equity, and strategic collaboration initiatives [1][2][6] Financial Terms - The acquisition will involve USD $75,000 in cash, USD $200,000 in ANON common shares at a deemed value of CAD $0.50 per share, and 1,000,000 common share purchase warrants exercisable at CAD $0.50 for two years [2] - In return, ARKHIVE will issue 150,000,000 ARKV tokens valued at USD $0.00183 per token, representing approximately 30% of its circulating supply, along with a board seat for ANON's CEO [3] Strategic Collaboration - The LOI outlines a strategic collaboration aimed at leveraging both companies' strengths in Web3, AI, and decentralized technologies, including integration of ANON's SimpliiCrypto and SimpliiAI platforms with ARKHIVE's ecosystem [4] - Joint development of new digital asset products, including real-world NFTs, prediction markets, and ARK Score analytics, is planned [4] Use of Funds - Funds from ANON are expected to support ARKHIVE's platform development, smart contract engineering, NFT marketplace architecture, and operational initiatives [5] Governance and Management - Denis Franks, CEO of ANON, will assume an executive role in ARKHIVE to support partnership and growth initiatives, reflecting a deep integration between the two companies [6] Conditions for Completion - The transaction is subject to customary conditions, including satisfactory due diligence, corporate approvals, and necessary regulatory approvals from the Canadian Securities Exchange [6]
CULT Food Science Appoints new CFO
Thenewswire· 2025-12-03 13:50
Core Insights - CULT Food Science Corp. has appointed Mitchell Jackman as the new CFO, effective immediately, succeeding Steve Vanry who resigned on the same day [1][4]. Company Overview - CULT Food Science is a disruptive food technology investment platform focused on pioneering the commercialization of lab-grown meat and cellular agriculture to reshape the global food industry [5]. - The company's investment strategies include acquiring equity, debt, or other securities of both public and private companies, financing in exchange for royalties, and acquiring businesses or assets [5]. - CULT Food Science aims to enhance long-term shareholder value through active stewardship and innovation while reshaping the global food system [5]. New CFO Profile - Mitchell Jackman has over 10 years of experience in management and financial consulting for public issuers, with a background in various management roles across different sectors [2]. - He is a founding partner of Cavalry Advisory Group, focusing on financial reporting, compliance, and strategic business assistance [2]. - As a Chartered Professional Accountant, Jackman has played a key role in executing strategic visions through accurate financial reporting and compliance [3].
Ventripoint Diagnostics Announces Appointment of David Swetlow as Chief Financial Officer
Thenewswire· 2025-12-03 13:20
Core Viewpoint - The appointment of David Swetlow as Chief Financial Officer (CFO) is a strategic move to strengthen Ventripoint's leadership team and support the global rollout of its AI-powered VMS+™ cardiac imaging platform [2][4][7]. Leadership Changes - David Swetlow, CPA, CA, iGP, has been appointed as CFO, effective immediately, marking a significant step in Ventripoint's transition into a growth phase [2][3]. - The company expresses gratitude to outgoing CFO Jimmy Jeon for his contributions during a critical transition period [5]. Strategic Focus - Swetlow's extensive experience in high-growth medical technology and life sciences will be crucial for Ventripoint as it aims to enhance its financial strategy, capital markets, and operational performance [3][6]. - The company is focused on executing a refreshed commercial strategy to scale its technology, strengthen global partnerships, and explore new markets for revenue growth [4][7]. Technology and Market Position - Ventripoint's VMS+™ technology platform is positioned as a leader in cardiac imaging innovation, utilizing AI to provide cost-effective and timely diagnostics for at-risk cardiac patients [7][9]. - The VMS products leverage proprietary Knowledge Based Reconstruction technology, offering accurate volumetric cardiac measurements comparable to MRI, thus enhancing cardiologists' confidence in patient management [9]. Compensation and Incentives - The Board of Directors has granted Mr. Swetlow 1,000,000 options exercisable at $0.11 with a term of 10 years, vesting over 12 months, aligning his interests with the company's growth objectives [8].
First Tellurium to Acquire Additional Interest in Subsidiary PyroDelta Energy
Thenewswire· 2025-12-03 12:30
Vancouver, BC, Canada, December 3, 2025 – TheNewswire - First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) reports that the Company is acquiring an additional 8% interest in its subsidiary PyroDelta Energy Inc. from Michael Abdelmaseh, bringing First Tellurium’s total ownership of PyroDelta to 83%. Under the terms of the purchase agreement, First Tellurium will pay Abdelmaseh US$240,000 for the additional shares.“This purchase is part of a ‘gentlemen’s agreement’ we had with Michael when we made our original i ...
Headwater Gold and Centerra Gold Sign US $25 Million Earn-In Agreement to Explore the Crane Creek Gold Project in Idaho
Thenewswire· 2025-12-03 11:30
Core Insights - Headwater Gold Inc. has entered into a definitive earn-in agreement with Centerra Gold Inc. for Centerra to earn up to a 70% interest in Headwater's Crane Creek project in Idaho through staged exploration expenditures totaling up to US$25,000,000 and the completion of a preliminary economic assessment report [1][3][4] Agreement Structure - The earn-in agreement allows Centerra to acquire a 70% interest in the Crane Creek project by making an initial cash payment of US$87,000 and subsequent annual cash payments of US$50,000 starting on the first anniversary of the agreement [5][6] - The agreement consists of three stages: - **Stage 1**: Centerra can earn a 51% interest by funding US$10,000,000 in exploration expenditures within four years, including a minimum commitment of US$2,500,000 in the first three years [6][7] - **Stage 2**: Centerra may earn an additional 9% interest (up to 60%) by funding an additional US$15,000,000 within four years following Stage 1 [7][8] - **Stage 3**: Centerra can earn an additional 10% interest (up to 70%) by completing a preliminary economic assessment report that includes a minimum of 1,000,000 ounces of gold equivalent within two years following Stage 2 [8] Project Overview - The Crane Creek project is located in western Idaho, approximately 18 km northeast of Weiser and 90 km northwest of Boise, and is fully permitted for drilling [9][11] - The project encompasses an array of mineralized epithermal quartz veins and features characteristics of a well-preserved low-sulfidation system [9][12] - Historical drilling from 1984 to 1996 primarily targeted shallow mineralization, with significant potential for high-grade veins at greater depths remaining untested [12][13] Exploration Plans - Headwater and Centerra will work together to finalize an integrated exploration plan that incorporates recent geophysical datasets and historical results, with the goal of initiating Phase 1 drilling as early as spring 2026 [14]
Prismo Metals Announces Assay & IP Results at Silver King
Thenewswire· 2025-12-03 08:30
Core Insights - Prismo Metals Inc. has announced assay results from the Silver King Project, highlighting high-grade copper mineralization at the Black Diamond target and significant gold values at the Crown porphyry intrusion target [1][3][4] Exploration Results - The Black Diamond replacement target showed several rock chip samples with copper assays exceeding 1% Cu, with two samples over 5% Cu [3] - The Crown porphyry intrusion exhibited lead and zinc values, with two vein samples yielding high gold values of 4 and 5 g/t [4] IP Survey Findings - The initial phase of the IP survey revealed low resistivity anomalies associated with the Black Diamond body and potential structures similar to the Magma mine [11][12] - Chargeability anomalies were identified, indicating the presence of disseminated sulfides, with one anomaly linked to the stockwork intrusion [13] Drilling Plans - The company plans to conduct a fully funded drill program focusing on the historic Silver King mine site, targeting a minimum of 1,000 meters to explore the mineralized body and adjacent areas [19] - The Forest Service has approved the company's drill plan, confirming it meets regulatory requirements [20] Financing Update - Prismo has completed a second closing of a non-brokered private placement, raising gross proceeds of $1,910,000, which will primarily fund drilling at the Silver King project [21][23] - The second tranche was increased from 1,250,000 Units to 1,650,000 Units due to strong investor demand [21] Quality Assurance - Samples were analyzed by SGS, with controls in place to ensure the accuracy of the results [27]
Giant Mining Corp. Advances Metallurgical Test Work at Majuba Hill Nevada Copper-Silver-Gold Project as Metal Prices Hit Records
Thenewswire· 2025-12-03 08:05
Core Viewpoint - Giant Mining Corp. is planning additional metallurgical test work to enhance the understanding of copper, silver, and gold recoveries at its Majuba Hill Copper-Silver-Gold Project in Nevada, amidst rising commodity prices [1][3]. Company Developments - The planned metallurgical work aims to refine the understanding of recoveries across different mineralization zones: oxide, transition, and sulphide [2]. - Historical drilling at Majuba Hill has shown high-grade copper and silver mineralization, with notable results such as Hole MHB-30, which averaged 2.6% Cu and 30.1 g/t Ag over 74.0 ft [2]. - The company is currently working with RESPEC Company LLC to refine the geological model and incorporate silver assays to better delineate the multi-metal potential of the project [2]. Market Context - Recent all-time highs in copper, silver, and gold prices are creating a favorable market environment for the Majuba Hill project, with copper reaching US$5.94/lb and currently trading at approximately US$5.21/lb, silver at US$58.85/oz and currently around US$57.65/oz, and gold at US$4,381.58/oz and currently at approximately US$4,216/oz [7]. - The company believes that the historical work indicating copper recoveries of up to 80% and silver recoveries of up to 75% supports the potential for the project [3]. Metallurgical Program Objectives - The metallurgical program aims to assess oxide, mixed, and sulphide mineralization domains, improve recovery processes, evaluate multi-stage processing options, and generate new technical data for future economic studies [10][11]. - Historical metallurgical findings have provided encouraging indications for processing potential, reinforcing the company's confidence to expand mineralization through ongoing exploration drilling [8]. Project Characteristics - Majuba Hill is located in a top-ranked mining jurisdiction in Nevada, covering 9,684 acres with strong local infrastructure, which offers significant cost advantages [10][12]. - The project has a history of approximately 89,395 feet of drilling, indicating a potentially large mineralized body with significant expansion potential [12]. - The company has secured funding for the next phase of drilling at Majuba Hill, indicating a commitment to advancing the project [12].