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Falcon Energy Materials Plc Announces Private Placement of C$25 Million to Accelerate Project Development
Thenewswire· 2026-02-09 13:20
Core Viewpoint - Falcon Energy Materials plc has announced a non-brokered private placement to raise gross proceeds of C$25,000,000, indicating strong shareholder confidence and support for the company's strategic direction and future projects [1][3]. Private Placement Details - The company will issue up to 41,666,667 units at a price of C$0.60 per unit, with each unit consisting of one ordinary share and one non-transferable share purchase warrant [2]. - Each warrant allows the holder to purchase an additional share at a price of C$0.75 for a period of 36 months from the closing date [2]. - Proceeds from the private placement will be allocated to the development of the Morocco Anode Plant and general working capital [3]. Shareholder Support - The private placement is backed by the company's largest shareholders, reflecting confidence in Falcon's strategy and long-term prospects [3]. - The company is also welcoming new high-profile shareholders with strong business relationships globally, which may enhance its market position [3]. Regulatory and Insider Participation - The private placement is subject to standard regulatory approvals, including those from the TSX Venture Exchange [3]. - Insider participation in the private placement is expected, although the extent has not yet been determined [4]. Company Overview - Falcon Energy Materials aims to be a leading provider of natural Coated Spheronized Purified Graphite, essential for energy storage solutions [6]. - The company is developing a state-of-the-art production facility in Morocco with a capacity of 25,000 tons per annum [6]. - Falcon has strategic partnerships with leading Chinese technology firms and Tier One Moroccan partners, enhancing its technological capabilities and access to quality raw materials [7].
Rockland Announces Ewan Downie as Technical Advisor
Thenewswire· 2026-02-09 13:00
Core Viewpoint - Rockland Resources Ltd. has appointed Mr. Ewan Downie as Technical Advisor, bringing over 20 years of experience in the Red Lake Mining District, which is expected to enhance the company's exploration efforts, particularly at the historic Cole Gold Mines Project [1][2][4]. Group 1: Appointment of Technical Advisor - Mr. Ewan Downie has extensive experience in exploration and development in the Red Lake Mining District, having participated in the discovery of multiple gold deposits [2]. - Downie expressed enthusiasm for the Cole Gold Mines Property, noting that it has not undergone modern exploration since 1973, indicating significant potential for new discoveries [3]. - The CEO of Rockland, Mike England, highlighted Downie's geological expertise as invaluable for advancing the Cole Gold Mines Project [4]. Group 2: Financing Initiatives - Rockland has arranged a non-brokered private placement of up to 1.25 million units at a price of $0.20 per unit, aiming for gross proceeds of $250,000, with proceeds designated for advancing the Cole Gold Mines Project and general working capital [4]. - Additionally, the company plans a non-brokered private placement of up to 1,000,000 flow-through shares at a price of $0.25 per share, also targeting gross proceeds of $250,000, with proceeds to be used for the Cole Gold Mines Project [5]. - Each flow-through unit will consist of one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of one common share at $0.35 for 24 months [6].
Fieldwork Resumes at Renforth's Parbec Gold Deposit in Malartic, Quebec
Thenewswire· 2026-02-09 13:00
Core Insights - Renforth Resources Inc. has made significant progress in its Parbec Gold Deposit and Victoria polymetallic deposit, confirming the presence of platinum and palladium in the Victoria deposit [2][5]. Group 1: Parbec Gold Deposit - The company has resumed its chipping and stripping program at the Parbec Gold Deposit, which had been paused in November 2025, focusing on a permitted area within the open pit footprint [2][9]. - Formal exchanges with regulatory bodies have been initiated to confirm the permitting pathway for the bulk sample project, with positive feedback received regarding its regulatory feasibility [3][4]. Group 2: Victoria Polymetallic Deposit - Recent testwork results have confirmed the presence of platinum and palladium in the mineralized ultramafic package at the Victoria deposit, indicating these metals will be included in future resource statements [5][6]. - An initial NI 43-101 inferred resource for the Victoria deposit has been declared, amounting to 125 million tonnes grading 0.15% NiEq, utilizing trailing average metal prices [15]. Group 3: Financing and Corporate Matters - The company has completed a previously announced financing, raising an additional $30,000 in common share units and $15,000 in flow-through shares for 2026 [7]. - A total of 8,850,000 options have been issued to certain officers, directors, and consultants, exercisable at $0.05 for a period of five years [8]. Group 4: Resource Details - The Parbec Gold Deposit currently hosts 265,800 ounces of gold in the Measured and Indicated categories, with a total tonnage of 9.61 million tonnes grading 0.86 g/t Au [12][13]. - The inferred category includes 97,000 ounces of gold within 2.55 million tonnes grading 1.18 g/t Au, with a cut-off grade based on a value of US$ 2,100 per ounce of gold as of April 2025 [12]. Group 5: Strategic Positioning - Renforth Resources is strategically positioned with road access, hydro-electric power, and proximity to established mining infrastructure, which enhances its potential to create shareholder value [16].
Total Metals Accelerates Exploration at the Electrolode Critical Minerals Project and Provides Update on Loan to Kattegat Mining Inc.
Thenewswire· 2026-02-09 11:30
Core Viewpoint - Total Metals Corp. is expanding its exploration efforts at the Electrolode Critical Minerals Project by mobilizing an additional diamond drill rig to accelerate testing of high-priority targets in the Red Lake mining district of Ontario [1] Exploration and Development - The additional drill rig will enhance the ongoing 5,500-metre winter drill program initiated in late January 2026, focusing on high-priority electromagnetic conductors and historical high-grade zones across a 6-kilometre mineralized trend [1] - The expansion allows simultaneous exploration at the Arrow Zone, targeting continuity with the adjacent Garnet Zone, while also testing complex litho-structural targets and potential gold-bearing cross structures identified through recent 3D inversion modeling [2] Financial and Strategic Updates - On February 6, 2026, the company terminated a loan agreement with Kattegat Mining Inc. and will not proceed with funding, while evaluating other opportunities aligned with its business objectives [3] - Total Metals has entered into a 30-day media services agreement with i2i Marketing Group LLC, commencing on February 15, 2026, for a total consideration of US$250,000, covering various marketing services [3][4] Company Overview - Total Metals Corp. focuses on its 100% owned Electrolode Project, covering over 3,300 contiguous hectares in northwestern Ontario, targeting high-potential critical mineral and gold resources [7] - The Electrolode Project is strategically located near major mines in the Red Lake Gold camp and is fully permitted for exploration drilling, hosting 10 historic mineralized zones with significant expansion potential [7]
CleanGo Innovations Receives Invitation to the Canadian Infrastructure Trade Delegation in Saudi Arabia
Thenewswire· 2026-02-09 11:00
Core Insights - CleanGo Innovations Inc. has been selected for the Canada Trade Mission to Saudi Arabia, scheduled for February 7–12, 2026, aimed at connecting Canadian innovation with Saudi Arabia's infrastructure and clean technology expansion [1][2] - The mission will involve high-level engagements with key decision-makers in Saudi Arabia to support the objectives of Saudi Vision 2030, focusing on sustainable growth and infrastructure development [2] Company Overview - CleanGo Innovations Inc. specializes in developing early-stage, green, non-toxic, and sustainable products for retail, commercial, and industrial applications [3] - The company offers a range of proprietary, Green Seal Certified non-toxic products that are Health Canada approved, claiming 99.9% effectiveness in disinfecting viruses and bacteria on hard surfaces [4] - CleanGo's mission is to create leading non-toxic, green solutions for global cleaning challenges, ensuring safety for families and pets [4][5] Strategic Engagements - The trade mission includes high-level briefings with the TFM Group and the Jeddah Chamber of Commerce to address the growing demand for green infrastructure in Saudi Arabia [6] - CleanGo will participate in exclusive site visits and meetings with significant projects such as King Salman International Airport and the Expo 2030 Riyadh committee [6] - The company will engage in direct B2B sessions with industry leaders like Albawani Contracting, Al Fanar Group, and El Seif Engineering to explore long-term collaborative opportunities [6]
Armory Mining To Conduct a Series of Airborne Geophysics Surveys at the Ammo Gold-Antimony Project
Thenewswire· 2026-02-09 08:05
Core Viewpoint - Armory Mining Corp. is preparing to conduct airborne geophysics surveys at the Ammo antimony-gold project in Nova Scotia, Canada, which is crucial for defining drill targets and advancing exploration efforts [1][4]. Group 1: Survey Details - The airborne geophysics surveys will utilize efficient 50-meter flight lines to gather data on sulfide mineralization, sericite and potassic alteration, and uranium anomalies [2]. - The company plans to conduct a magnetic survey to assess geological characteristics, an electromagnetic survey to gather data on sulfide mineralization, and a radiometric survey to explore correlations with uranium anomalies [3]. Group 2: Project Background - Armory Mining Corp. holds a 100% interest in the Ammo project, which includes three contiguous mineral claims surrounding the historical West Gore antimony-gold mine, covering approximately 3,020 hectares [8][9]. - The geological setting of the Ammo project includes sericitic slates and arenites of the Halifax formation, with mineralization associated with quartz-carbonate veins and various sulfides [8].
Matthew Schwab Joins Kirkstone Metals' Advisory Board
Thenewswire· 2026-02-09 07:00
Core Viewpoint - Kirkstone Metals Corp. has appointed Matthew Schwab as an Advisor to the Board, leveraging his extensive experience in uranium exploration to enhance the company's growth strategy [1][2][3]. Company Overview - Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium assets that support the transition to clean energy. Its flagship project is the Key Lake Road Uranium Project located in Saskatchewan's Athabasca Basin, a leading uranium district globally [5]. Key Appointments - Matthew Schwab, a respected exploration geologist with a decade of experience, has joined the Advisory Board. His previous roles include CEO of Kraken Energy Corp. and Senior Exploration Geologist at NexGen Energy Ltd., where he was pivotal in discovering the Arrow uranium deposit [2][3]. Strategic Growth - CEO Clive Massey expressed enthusiasm about Schwab's appointment, highlighting that his expertise in strategic growth and industry relationships will be crucial for accelerating exploration and development, ultimately delivering long-term value to shareholders [3]. Stock Options - The company has granted 1.6 million stock options to directors, officers, advisors, and consultants, exercisable at $0.79 per common share for a term of five years [3].
First Canadian Graphite Inc. Announces Closing Financing - $2,768,100.00
Thenewswire· 2026-02-07 00:40
Core Viewpoint - First Canadian Graphite Inc. has successfully closed a private placement offering, raising gross proceeds of $2,768,100 through the sale of 9,227,000 units at $0.30 each, which was oversubscribed by $168,100 [1][2] Financing Details - The proceeds from the financing will be allocated for general working capital and an exploration and drill program on the Berkwood Graphite Project in northern Quebec [2] - Each unit consists of one common share and one-half warrant, with each whole warrant allowing the purchase of one common share at $0.50 for two years [1] Insider Participation - Three insiders subscribed for a total of 270,000 units, which qualifies as a "related party transaction" but is exempt from formal valuation and minority shareholder approval requirements [3] - A new insider position was created through the participation of an investor who subscribed for 750,000 units [3] Finder Fees - A finder fee of $38,802.02 in cash and 125,440 finder warrants, exercisable at $0.50 for two years, will be paid/issued [4] Regulatory Approval - The company will seek approval from the TSX Venture Exchange to close the financing and issue the securities, which will be subject to a hold period of four months plus one day from the issuance date [5] Company Background - First Canadian Graphite is managed by a team with over 150 years of collective experience in mining, with a focus on the Berkwood graphite resource in Northern Quebec, which is fully owned by the company [7]
Goat Industries To Showcase Betsource-Enhanced BKFC App Experience During Knucklemania VI
Thenewswire· 2026-02-06 22:00
Core Viewpoint - GOAT Industries Ltd. announces that BETSource will enhance the Bare Knuckle Fighting Championship (BKFC) mobile app ecosystem ahead of KnuckleMania VI, marking a significant event for fan engagement and user experience [1][5]. Group 1: Event Details - KnuckleMania VI is scheduled for February 7, 2026, at the Xfinity Mobile Arena in Philadelphia, and is expected to be the largest BKFC fight night to date, showcasing the promotion's growth in live event demand and audience engagement [2]. - The event will serve as a high-visibility platform to demonstrate the enhanced BKFC App experience, allowing fans to interact with content before, during, and after the event [2]. Group 2: Digital Distribution and Engagement - BKFC's digital distribution has expanded to include various broadcast and streaming channels such as Ballys Sports & Stadium, SportsGrid, and BKFC's YouTube and Fubo Sports Channel, emphasizing the BKFC App as a central hub for fan engagement [3]. - The BKFC App is increasingly important for fan interaction, especially during major events like KnuckleMania VI, where digital engagement is anticipated to peak [5]. Group 3: BETSource Technology - BETSource, operated through Source Gaming Company, will test a new user experience in the BKFC+ Beta on both iOS and Android, aimed at fostering deeper in-app interaction and improving engagement [4]. - The technology is positioned to support an enhanced fan experience while providing measurable insights that align with BKFC's digital and monetization objectives [5][6]. Group 4: Strategic Importance - The company believes that real-world activations tied to large, sold-out live events validate the commercial relevance of BETSource's platform and support its strategy of investing in scalable digital media and technology assets [6].
Giant Mining Re-Engages ExploreTech for AI-Driven 2026 Drill Targeting at Majuba Hill Copper-Silver-Gold Project in Nevada
Thenewswire· 2026-02-06 21:05
Core Insights - Giant Mining Corp. has re-engaged Exploration Technologies Inc. to utilize AI-driven subsurface modeling for drill targeting at the Majuba Hill Copper-Silver-Gold Project in Nevada, enhancing exploration efficiency and mineralization targeting [1][4][8]. Geological Advancements - Recent fieldwork at Majuba Hill has identified eight to ten high-grade breccia pipes, significantly improving the geological understanding and potential tonnage of the project [2]. - The breccia pipes are linked to concealed intrusive bodies, which are crucial for mineralization, and accurate modeling of these intrusions is expected to enhance drill targeting [3]. Strategic Importance - The advancement of Majuba Hill aligns with the U.S. focus on securing domestic sources of critical minerals, with copper and silver being vital for electrification and infrastructure [4]. - Nevada is recognized as a mining-friendly jurisdiction, which supports the strategic importance of the Majuba Hill project [4][19]. AI-Driven Exploration - ExploreTech will deploy its Engine AI platform to model potential locations of buried intrusive sources, allowing for more informed drilling decisions [8][9]. - The AI approach combines surface geology with geophysical data to optimize targeting of concealed mineralization, generating thousands of potential subsurface models [11][12]. Upcoming Drilling Program - ExploreTech is expected to deliver drill targeting results by the end of March 2026, aiding in the planning and execution of the upcoming drilling program [9]. - The integration of AI-driven modeling with historical datasets is anticipated to unlock additional value at the Majuba Hill project [10]. Project Characteristics - Majuba Hill spans 9,684 acres and is located in a top-ranked mining jurisdiction, with existing infrastructure providing significant cost advantages [19][20]. - The project has a history of production and shows indications of a large mineralized body, with expansion potential in all directions [20][23].