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Rockland Resources Applauds Kairos-Google Advanced Nuclear Fission Partnership With TVA and its Relevance to Global Beryllium Usage
Thenewswire· 2025-08-20 12:00
Core Insights - The collaboration between Kairos Power, Google, and the Tennessee Valley Authority (TVA) marks a significant advancement in the deployment of advanced nuclear energy, specifically through the use of small modular reactors (SMRs) [1][3] - This agreement will enable Google to secure up to 50 MWe of carbon-free baseload power for its data centers starting in 2030, contributing to the company's decarbonization efforts [1][3] - The project aims to bring a total of 500 MWe of advanced nuclear power online by 2035, highlighting a growing commitment to clean energy solutions [3] Industry Implications - The demand for critical minerals, particularly beryllium, is expected to rise significantly as new reactor designs are deployed, with specific beryllium requirements outlined for various reactor types [2][3] - Beryllium is identified as a critical and strategic mineral due to its essential applications across multiple sectors, including clean energy, aerospace, and defense [5] - The supply security of beryllium is emphasized as crucial for enabling next-generation clean energy technologies [4][5] Company Positioning - Rockland Resources Ltd. is strategically positioned in the beryllium market, focusing on the development of its projects in the Spor Mountain region of Utah, which is known for its significant beryllium production [6] - The company is actively working on its portfolio of beryllium projects to meet the anticipated future needs for this critical mineral [5][6] - Rockland holds a 100% interest in the Cole Gold Mine, further diversifying its resource portfolio [7]
Cora Capital Corp. Announces Letter of Intent In Respect of Reverse Takeover of Tiger Financial Corporation
Thenewswire· 2025-08-19 21:00
Core Viewpoint - Cora Capital Corp. and Tiger Financial Corporation have entered into a non-binding letter of intent for a reverse takeover, with Cora expected to acquire all issued and outstanding securities of Tiger in exchange for Cora's securities, leading to a public listing on the Canadian Securities Exchange [1][2][4]. Company Overview - Tiger Financial is a fintech and digital banking company focused on providing AI-powered banking, payments, and lending solutions to small businesses in Southeast Asia, particularly Vietnam, with plans to expand into other markets [3]. - The company is led by Ben Aissa, who has over 20 years of experience in building financial technology ventures globally [3]. Transaction Details - The transaction involves Cora acquiring all securities of Tiger, making Tiger a wholly owned subsidiary of Cora, with an anticipated completion date around November 28, 2025 [4][21]. - Upon closing, Tiger shareholders will receive 28,500,000 common shares of Cora, representing 54.7% of the issued shares post-transaction [5][21]. Financing Plans - Cora plans to conduct a private placement financing to raise C$1.15 million by issuing 4,600,000 common shares at C$0.25 each, with Tiger shareholders expected to subscribe for C$150,000 [7]. - A concurrent private placement of 6,600,000 special warrants is also planned, aiming to raise approximately C$3.3 million [10][11]. Conditions and Milestones - The completion of the transaction is contingent upon various conditions, including regulatory approvals and the successful closing of the Bridge Financing and Concurrent Financing [20]. - Tiger shareholders may receive additional shares based on performance milestones, such as expanding operations into new Southeast Asian countries and achieving revenue targets [15][17]. Leadership and Governance - The Resulting Issuer will have a board of directors comprising members from both Cora and Tiger, with Ben Aissa serving as CEO [25][26]. - The leadership team includes experienced professionals with backgrounds in fintech, capital markets, and corporate governance [28][30][31]. Market Position and Strategy - The Resulting Issuer aims to leverage its position in the rapidly growing Southeast Asian market, targeting over 62 million under-banked small businesses [3]. - The strategic focus will be on enhancing its AI-powered digital banking platform and expanding into new markets to accelerate growth [33].
Voyageur Pharmaceuticals Announces Exercise of Warrants for Gross Proceeds of $1.69 Million
Thenewswire· 2025-08-19 20:15
Core Points - Voyageur Pharmaceuticals Ltd. has received significant investor support through the exercise of 14,708,013 share purchase warrants for gross proceeds of $1,470,801, including 1,120,000 warrants exercised by the Executive Vice-President [1] - The company aims to become a leader in the radiology drug market by vertically integrating the barium and iodine contrast markets [3][4] - Voyageur has developed five barium contrast products that have received Health Canada licenses [4] - The company plans to generate cash flow by partnering with established third-party GMP pharmaceutical manufacturers [5] - Voyageur owns a 100% interest in the Frances Creek barium sulphate project, which is believed to produce higher quality imaging products compared to synthetic alternatives [6] - The company's vision is to control all primary input costs, ensuring quality and cost efficiency in the production of radiology contrast media [7]
Planet Ventures Closes Oversubscribed $6,400,000 Convertible Debenture Financing
Thenewswire· 2025-08-19 20:05
Core Points - Planet Ventures Inc. has successfully closed a convertible debenture financing, raising total gross proceeds of $6,400,000 [1][2] - The funds will be utilized to enhance the Company's Bitcoin treasury strategy and for general corporate and working capital purposes [2] - The debentures have a 12% annual interest rate and mature in 24 months, with a conversion price of $0.50 per share [3] Financial Details - The debentures are secured against the assets of the Company [4] - Planet Ventures currently holds 28.8 Bitcoin and approximately C$18,000,000 in cash/securities [4] - An insider, controlled by the CEO, participated in the offering for C$3,200,000, which is classified as a related party transaction [5] Regulatory Compliance - The Company intends to rely on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's value being below 25% of the Company's market capitalization [5] - All securities issued will be subject to a statutory hold period of four months and one day [5]
Uniserve Executes LOI to Expand Operations in Ontario
Thenewswire· 2025-08-19 13:30
Core Viewpoint - Uniserve Communications Corporation has entered into a Letter of Intent to acquire an Ontario-based Managed Service Provider, enhancing its service offerings and expanding its operations in eastern Canada [1][2]. Group 1: Acquisition Details - The acquisition is expected to bring approximately CAD $5.5 million in top-line sales and an expected EBITDA of CAD $1.5 million, providing a solid platform for scaling operations in Ontario [2]. - The total purchase price for the transaction is expected to be CAD $6,500,000, with payments structured as follows: CAD $2,500,000 in cash, CAD $2,000,000 in common shares at no less than CAD $0.60 per share, and CAD $2,000,000 via a 50% convertible note [3]. - The convertible note will have varying conversion prices over three years, starting at CAD $0.75 per share in the first year [3]. Group 2: Transaction Conditions - The transaction is subject to the execution of a definitive agreement within 30 days, further due diligence, and approvals from the Company's Board of Directors and the TSX Venture Exchange [4]. - The Company will not assume any long-term debt of the MSP, and the MSP and its shareholders are arm's length to the Company [3]. Group 3: Company Overview - Uniserve provides IT solutions and technology services across Canada, focusing on Data Centre Solutions, Managed IT Services, and Business Internet [5]. - The Company aims to support Canadian businesses in their digital transformations by enhancing its bandwidth and infrastructure capabilities [2].
LAURION Intersects 9.16 g/t Gold over 0.80 Metres and Releases Results for the First Three Drill Holes at Sturgeon River Mine Area
Thenewswire· 2025-08-19 13:25
TORONTO, Ontario – TheNewswire - August 19, 2025 – LAURION Mineral Exploration Inc. (TSXV: LME | OTCPINK: LMEFF) ("LAURION" or the "Corporation") reports encouraging initial results from the first three diamond drill holes of its previously announced 2025 drill program at the Ishkõday Project, located 220 km northeast of Thunder Bay, Ontario. Further to the Corporation's press releases dated May 8, 2025 and May 27, 2025, drilling began in mid-May and is part of a 7,000-metre campaign targeting the high-grad ...
Norsemont Launches New Website and Updated Investor Deck
Thenewswire· 2025-08-19 13:15
Core Insights - Norsemont Mining Inc. has launched a redesigned corporate website and updated corporate presentation following a successful private placement with new strategic investors [1][4] - The new website features improved navigation and expanded information on the Choquelimpie Gold-Silver-Copper Project, enhancing investor access to corporate updates and resources [2][3] Company Overview - Norsemont Mining owns a 100% interest in the Choquelimpie project in northern Chile, which has an initial mineral resource estimate of 2,184,000 indicated gold equivalent ounces and 557,000 inferred gold equivalent ounces [6] - The Choquelimpie project has over 1,700 drill holes and significant existing infrastructure, including roads, power, water, camp, and a 3,000-tonne-per-day mill [6] - The company is committed to responsible and sustainable resource development, utilizing modern exploration techniques to enhance shareholder value [6]
Fitzroy Minerals Reports Multiple Step-Out Copper Intercepts at Buen Retiro, Chile
Thenewswire· 2025-08-19 13:15
Core Insights - Fitzroy Minerals Inc. is advancing its exploration efforts at the Buen Retiro Copper Project in Copiapó, Chile, with ongoing Phase 2 drilling totaling 8,000 meters [1][4]. Exploration Update - Recent assay results from diamond drill holes 23 to 27 indicate copper mineralization in all holes, expanding the known mineralization strike length to 985 meters [2][10]. - The average distance between drill holes along the strike has been reduced to approximately 100 meters, improving the continuity of mineralization [2]. - Significant shallow mineralization zones have been identified, particularly between holes 21 and 24, covering a lateral extent of 360 meters [2][8]. Drilling Details - Drill hole 27 intersected multiple mineralized zones, including 119 meters at 0.53% Cu from a depth of 49 meters, confirming the presence of oxide and transition copper minerals down to about 150 meters [10][17]. - Hole 25 returned 32 meters at 0.90% Cu, including 11 meters at 2.28% Cu, indicating strong mineralization at the northwestern edge of the Southwest Area [10][18]. - The ongoing diamond drilling aims to further test the extensions and limits of known mineralization in the Southwest Area, with assays for holes 28 to 33 pending [25][26]. Future Plans - The company plans to initiate Reverse Circulation (RC) drilling in the North Area, targeting shallow hanging-wall copper mineralization related to a multi-kilometer geophysical anomaly [3][26]. - Fitzroy aims to accelerate resource delineation and technical de-risking work to advance towards production at Buen Retiro [6][25]. Infrastructure and Economic Considerations - The Buen Retiro site benefits from excellent infrastructure, being close to the Pan-American highway and existing mining facilities, which may enhance capital efficiencies for future development [6].
Rackla Metals is Pleased to Provide an Update on Drilling at Grad and Other Developments on Property Holdings in the NWT
Thenewswire· 2025-08-19 11:00
Core Viewpoint - Rackla Metals Inc. is making significant progress in its 2025 exploration program in western Northwest Territories, increasing its drill plan by 25% to 5,000 meters due to positive findings in drill core and surface work [1]. Group 1: Exploration Progress - As of August 18th, over 3,100 meters have been drilled with 7 holes completed, covering an area of 500 x 300 x 550 meters [2]. - All drilled holes have intersected a consistent set of sheeted quartz/sulphide+tourmaline veins, with a notable zone of intense quartz and quartz-tourmaline veining and elevated bismuth content observed in holes G25-004 and G25-005 [3][6]. - The mineralized zone shows good continuity and appears robust, with increasing strength and width as the intercepts get deeper [3]. Group 2: Current Drilling and Results - The current drill hole G25-008 is targeting the same mineralized zone as previous holes, with a target depth of 500 meters [6]. - Samples from holes G25-001 through G25-007 have been submitted to the lab, with results from the first three holes expected within the coming week [8]. - A steady flow of results is anticipated following the initial findings [8]. Group 3: Geological Insights - Recent mapping indicates a metal zonation, with the ridge top being arsenic-rich and the lower ridges being bismuth-rich, suggesting minimal erosion in the area [10]. - The exploration is based on the Reduced Intrusion-Related Gold System model, indicating potential for significant mineral discoveries [10]. Group 4: Community Engagement - The company is working in consultation with the Sahtu Dene and Métis communities, emphasizing the importance of maintaining collaborative relationships as exploration advances [14]. Group 5: Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, targeting Reduced Intrusion-Related Gold Systems in underexplored regions of eastern Yukon and western Northwest Territories [16].
Vanguard Mining Expands U.S. Investor Access with Ticker Change to UUUFF on OTCID Market
Thenewswire· 2025-08-19 07:05
Core Points - Vanguard Mining Corp. has transitioned to the OTCID™ Market and its shares are now trading under the new ticker symbol "UUUFF" as of August 18, 2025 [1][3] - The OTCID™ Basic Market enhances transparency by requiring timely financial reporting and verified company profiles, which aims to build investor confidence and improve market integrity [2] - This milestone reflects Vanguard's commitment to transparency and sound corporate governance, positioning the company for broader engagement with long-term shareholders and enhanced visibility in U.S. capital markets [3] Corporate Updates - Vanguard Mining Corp. will hold its Annual General Meeting (AGM) on October 3, 2025, to address the election of directors and appointment of auditors [4] - Shareholders of record as of August 19, 2025, will be entitled to vote at the AGM [4] - Further details regarding the AGM will be provided in the management information circular, which will be mailed to shareholders and filed on SEDAR+ [5] Company Overview - Vanguard Mining Corp. is a Canadian mineral exploration company focused on high-value strategic minerals, particularly uranium exploration projects in the U.S. and Paraguay [6] - The company aims to identify and develop assets critical to the global energy transition while committing to responsible exploration and value creation [6]