TORONTO, Ontario – TheNewswire - September 8, 2025 - Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it intends to offer for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”) consisting of shares of the Company at a price of $0.02 per share for aggregate gross proceeds of up to $1,000,000 (“Maximum Proceeds”). The Offering is subject to the receipt of all necessary approvals, including the approval of the Toronto Venture Excha ...

Core Insights - Headwater Gold Inc. has completed airborne magnetic and radiometric surveys along with a ground gravity survey at its Crane Creek gold project in Idaho, and has received necessary drilling permits [1][2][16] - The company has identified new high-priority drill targets beneath gold-bearing epithermal quartz veins, which have not been tested at depth, indicating potential for significant mineralization expansion [2][15] - The geophysical surveys have revealed a 4 km by 2 km zone of potassium enrichment, suggesting hydrothermal alteration and highlighting exploration potential beyond previously known areas [2][3][12] Geophysical Survey Results - The airborne radiometric survey covered 302 line-km and identified a broad radiometric high associated with increased potassium concentrations, indicating hydrothermal fluid flow [3][12] - The magnetic survey revealed a strong NNW structural trend, allowing for the mapping of potential target structures under cover, which have not been drill tested [8][11] - Ground gravity surveys indicated a northwest-trending gravity low, consistent with basin-bounding structures, and highlighted the continuity of a major Miocene graben, a favorable setting for epithermal deposits [12][15] Exploration Strategy - The company is evaluating strategic options for advancing the Crane Creek project, including potential partnerships and the possibility of conducting initial drilling independently [2][19] - Permits for exploration drilling are in place, allowing for confirmation drilling of historical mineralized zones and initial tests at untested depths [16][17] - The integration of new geophysical data with existing datasets suggests the potential for testing historic high-grade intercepts and newly generated structural targets [15][18] Project Overview - The Crane Creek project is located in western Idaho, approximately 18 km northeast of Weiser, and encompasses 1,240 hectares of mineralized epithermal quartz veins [17][19] - Historical drilling from 1984 to 1996 primarily targeted shallow mineralization, with many high-grade intercepts not followed up, indicating untapped potential at greater depths [18][19] - The project is strategically positioned near the Nutmeg Mountain gold deposit, enhancing its exploration appeal [12][17]

Core Viewpoint - Electrum Discovery Corp. has initiated a non-brokered private placement to raise up to approximately $1.4 million through the issuance of 20,000,000 units at a price of $0.07 per unit [1][3]. Group 1: Private Placement Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.15 for 24 months post-placement [2]. - The net proceeds from the offering will be allocated for exploration and development of mineral projects in Serbia, as well as for working capital and general corporate purposes [3]. - Certain insiders may participate in the private placement, and a finder's fee may be paid to registrants assisting in the placement [4]. Group 2: Regulatory and Compliance Information - The completion of the private placement is contingent upon receiving all necessary regulatory approvals, including from the TSX Venture Exchange [4]. - The securities issued will be subject to a four-month plus one day hold period under applicable Canadian securities laws [5]. Group 3: Company Overview - Electrum Discovery Corp. is a Canadian growth-oriented company focused on enhancing shareholder value through its two projects: gold-silver Novo Tlamino and copper-gold Timok East, located in Serbia's Western Tethyan Belt [6]. - The company aims to maximize the value of its mineral projects for stakeholders, including shareholders and the local community, while promoting sustainability and governance [7].

Core Points - Armory Mining Corp. has successfully closed the second and final tranche of its oversubscribed non-brokered private placement offering, raising a total of $853,000 [1][3] - The final tranche involved the issuance of 1,000,000 units at a price of $0.05 per unit, generating gross proceeds of $50,000 [2] - The funds raised will be utilized for working capital and general corporate purposes [3] Company Overview - Armory Mining is a Canadian exploration company focused on minerals critical to the energy, security, and defense sectors [4] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [4] - Additionally, the company has an option to acquire a 100% interest in the Ammo antimony-gold project located in Nova Scotia [4]

Core Points - GAMMA Resources Ltd has successfully closed the first tranche of its private placement, raising gross proceeds of $651,060 [1] - The private placement consists of up to 8,333,334 units priced at $0.12 per unit, aiming for total gross proceeds of up to $1,000,000 [2] - Each unit includes one common share and one warrant, with warrants exercisable at $0.18 for 36 months [2][3] Financial Details - In the first tranche, the company issued 5,425,500 units at $0.12 each, with warrants expiring on September 5, 2028 [3] - Finders' fees amount to $13,650 in cash and 113,750 finders warrants, which have an exercise price of $0.12 for 24 months [3] Related Party Transactions - Directors of the company participated in the first tranche, acquiring a total of 417,000 shares, which is classified as a related party transaction [4] - The offering is exempt from formal valuation and minority shareholder approval requirements as it does not exceed 25% of the company's market capitalization [4] Securities Regulations - All securities from the private placement are subject to a four-month hold period and are not registered under U.S. securities laws [5] - The press release does not constitute an offer to sell or solicit offers to buy securities in the United States [5][9] Company Overview - GAMMA Resources Ltd focuses on uranium exploration and development in the U.S., with key projects in Utah and New Mexico [6] - The company aims to leverage favorable market conditions and policy changes in the U.S. nuclear sector to provide responsibly sourced uranium [6]

Core Viewpoint - Bathurst Metals Corp. has entered into an agreement to acquire a 100% interest in the Merry May Project, a mineral claim in British Columbia, which is expected to enhance its gold exploration portfolio [1][3]. Acquisition Details - The acquisition involves an Assignment and Assumption Agreement dated September 4, 2025, for a mineral claim of 81.6 hectares near Gold Bridge, B.C. [1] - As part of the agreement, Bathurst will issue 2,200,000 common shares to the vendor, pending approval from the TSX Venture Exchange [1]. - The Company will reimburse the vendor $1,000 upon receiving TSXV approval and must incur at least $50,000 in expenditures on the claim within 24 months to exercise the option [2]. Financial Terms - The claim will be subject to a net smelter royalty of 1.0% in favor of the underlying optionor, which Bathurst can purchase for $1,000,000 after the commencement of commercial production [2]. Strategic Importance - The CEO of Bathurst highlighted that the Merry May Project is located in a highly prospective area for gold mineralization, which allows for year-round development activities [3]. Additional Information - The Company also reported the payment of finders' fees amounting to $7,175 related to a recent private placement [4]. - Lorne Warner, a qualified person, has reviewed and approved the scientific and technical disclosures in the news release [5].

Core Viewpoint - Vanguard Mining Corp. has terminated its agreement with American Salars Lithium Inc. regarding the sale of the Pocitos 1 Lithium Salar Project, allowing the company to retain full ownership and exploration potential of the project [1][3]. Company Summary - The Pocitos 1 Lithium Salar Project is an 800-hectare lithium brine property located in Salta Province, Argentina, which is part of a prolific lithium brine district [1][6]. - The agreement with American Salars was initially announced on June 17, 2024, and included an inferred lithium carbonate equivalent (LCE) mineral resource estimate [2]. - The termination was due to American Salars' failure to meet local government payment obligations and other creditor responsibilities [3]. - Vanguard's President and CEO, David Greenway, emphasized that regaining control of Pocitos 1 protects shareholder interests and maintains exposure to a valuable lithium project [4]. Industry Summary - Lithium carbonate prices in China have recently rebounded to approximately CNY 78,720 per tonne (US$10,957/tonne), reflecting a more than 25% increase over the past month [5]. - The Pocitos 1 project is situated in a region that accounts for over 50% of the world's lithium brine resources, highlighting its global significance [6]. - Argentina has become a key player in the lithium market, with over US$14 billion invested by international companies in the past three years, driven by favorable geological conditions and supportive policies [12]. - The province of Salta is recognized as a favorable mining jurisdiction, attracting significant investment and project development [13][16]. - Global lithium demand is projected to triple by 2035, driven by the growth of electric vehicles and renewable energy systems [14].

Core Viewpoint - Helix BioPharma Corp. has decided not to proceed with the previously announced equity draw-down subscription facility with GEM Global Yield LLC SCS and GEM Yield Bahamas Limited due to a misalignment with its capital strategy and long-term shareholder value objectives [1][2]. Group 1: Financing Decision - The company entered into a non-binding term sheet with GEM on October 15, 2024, and received shareholder approval for the financing arrangement on March 26, 2025 [2]. - After evaluating market conditions and corporate objectives, Helix concluded that the GEM facility no longer aligns with its capital strategy [2]. - The letter of intent with GEM expired, and the company has chosen not to execute binding agreements or pursue financing with them [2]. Group 2: Future Financing Plans - Helix is actively engaging in discussions with financial partners to explore alternative financing structures that better align with its strategic direction [3]. - The company remains committed to securing the necessary capital to advance its clinical programs and achieve corporate objectives [3]. Group 3: Company Overview - Helix BioPharma is focused on developing innovative solutions for hard-to-treat cancers, with its pipeline led by Tumor Defense Breaker™ L-DOS47, which targets CEACAM6-expressing tumors [4]. - L-DOS47 has completed Phase Ib studies in non-small cell lung cancer (NSCLC) and is part of a broader strategy that includes next-generation bi-specific antibody-drug conjugates [4]. - The company is also advancing two pre-IND candidates: LEUMUNA™, an oral immune checkpoint modulator, and GEMCEDA™, a first-in-class oral gemcitabine prodrug [4].

Core Viewpoint - CHARBONE Hydrogen Corporation has signed an Asset Purchase Agreement to acquire operational hydrogen production and refuelling equipment in Quebec, which will expedite the commissioning of its Sorel-Tracy facility and enable the company to produce and deliver its first industrial high purity hydrogen sales in the upcoming quarter [1][8]. Group 1: Acquisition and Financial Position - The acquisition involves dismantling, repurposing, and relocating existing equipment to Sorel-Tracy, which will reduce installation costs and allow for production by early Q4 2025 [2][4]. - CHARBONE has secured a non-dilutive USD 50 million construction capital facility, enhancing its capital position and ability to scale its development plan [2]. - The company has completed a $1 million non-brokered private placement, with $0.5 million already secured to accelerate the completion of its flagship facility [3][5]. Group 2: Operational Progress and Strategy - The grid connection and water connection necessary for hydrogen production have been completed, indicating significant operational progress [4]. - The acquisition is structured to preserve cash flow, with part of the purchase price paid in CHARBONE stock and the remainder in cash over two years [4][7]. - This strategic move positions CHARBONE to deliver green and high purity hydrogen to industrial customers more quickly, leveraging proven operating equipment [7][8]. Group 3: Market Position and Future Outlook - The acquisition marks a turning point for CHARBONE, allowing the company to generate its first hydrogen revenues and capture early-mover advantages in the North American green hydrogen market [8]. - CHARBONE is focused on developing a modular network for green hydrogen production while partnering with industry players to diversify revenue streams and reduce risks [9].

Core Viewpoint - Allegiant Gold Ltd. has successfully closed a C$10.5 million private placement, primarily led by Kinross Gold Corporation, which increases Kinross's equity ownership in Allegiant to 9.9% on a partially diluted basis, enabling the company to advance its Eastside project over the next 2-3 years [1][4]. Financing Details - The Offering involved the issuance of 21,000,000 units at a price of C$0.50 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [2]. - Each warrant allows the holder to acquire an additional common share at a price of C$0.70 for 18 months from issuance, with provisions for accelerated expiry if the share price exceeds CDN$1.00 for ten consecutive trading days [2][3]. Use of Proceeds - Proceeds from the Offering will fund Allegiant's multi-year development plan at the Eastside Project, including a comprehensive geophysics and mapping campaign, up to 20,000 meters of drilling, targeting new high-grade zones, and advancing towards future technical and economic milestones [6]. Financial Position - The financing positions Allegiant strongly for the next three years, with over $13 million in capital available to accelerate exploration and enhance resource quality [5][7]. - The 12-month hold period for securities issued reflects investor confidence and aims to create an equal footing for all investors, particularly U.S. investors [6]. Insider Participation - Certain insiders subscribed for a total of 97,300 units in the Offering, amounting to gross proceeds of $48,650, which is classified as a related party transaction [9]. Company Overview - Allegiant Gold owns three gold projects in Nevada, with the Eastside project being the flagship, hosting a large and expanding gold/silver resource [10].