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Silver Crown Royalties Executes LOI with Kuya Silver for a Silver Royalty on the Bethania Silver Project
Thenewswire· 2025-06-19 07:00
Core Points - Silver Crown Royalties Inc. has signed a Letter of Intent with Kuya Silver Corp. to acquire a 4.5% royalty on silver produced from the Bethania Silver Mine in Peru [1][3] - The Bethania Silver Mine resumed production in May 2024 and was previously operational until 2016 [2] - The acquisition will involve a payment of US$3,000,000 in cash and US$2,000,000 in Silver Crown units, with each unit priced at C$6.50 [3] - Silver Crown will receive varying amounts of silver over time, starting with 4,500 ounces per quarter for the first year, increasing to 12,375 ounces per quarter for the subsequent years, before reducing to 1% royalty after 475,000 ounces [4] - The partnership is expected to significantly increase Silver Crown's annual silver revenue from 78,000 to over 128,000 ounces [5] Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company with four silver royalties, three of which are revenue-generating [5] - The company's business model provides investors with exposure to precious metals while minimizing the impact of cost inflation associated with production [5]
Green Battery Minerals Inc. Announces Change Of Name
Thenewswire· 2025-06-18 16:00
Company Name Change - The company has received TSX approval to change its name from "Green Battery Minerals Inc." to "First Canadian Graphite Inc." [1] - The common shares will commence trading under the new name and symbol FCI on June 20, 2025 [2]. Share Structure - There is no consolidation of the company's share capital associated with the name change, meaning shareholders do not need to exchange existing share certificates [3]. - The name change does not affect the company's share structure or the rights of shareholders, and no further action is required by existing shareholders [3].
USPTO Files ISSUE NOTIFICATION for BetterLife's BETR-001 Composition of Matter Patent
Thenewswire· 2025-06-18 12:00
Core Viewpoint - BetterLife Pharma Inc. has received an ISSUE NOTIFICATION from the US Patent and Trademark Office for its BETR-001 composition of matter patent, which provides strong intellectual property protection until at least 2042 [1][4]. Patent and Intellectual Property - The patent covers various claims related to crystalline forms of BETR-001, its formulations, and isomers [3]. - The composition of matter patent is considered the strongest level of intellectual property coverage for a compound [4]. Product Development - BETR-001 is a non-hallucinogenic neuroplastogen aimed at treating psychiatric and neurological disorders, including depression, anxiety, PTSD, traumatic brain injury, migraines, and neuropathic pain [4][8]. - The company has completed most IND-enabling studies and plans to file for IND and start human trials in H1 2026 [5]. Financial and Shareholder Information - BetterLife has issued a total of 6,473,712 common shares and the same number of share purchase warrants, related to convertible debentures and accrued interest totaling $647,371 [6]. - The share purchase warrants are exercisable at an exercise price of $0.10 per warrant and have varying expiration dates [6]. Company Overview - BetterLife Pharma is focused on developing and commercializing compounds for neuro-psychiatric and neurological disorders, specifically BETR-001 and BETR-002 [7]. - BETR-002 is based on honokiol and is also in preclinical studies, targeting anxiety-related disorders [9]. - The company is exploring strategic alternatives for further development of a drug candidate for viral infections [10].
Herbal Dispatch Announces Results of 2024 and 2025 Annual General and Special Shareholder Meeting
Thenewswire· 2025-06-17 21:25
Group 1 - Herbal Dispatch Inc. announced the successful passing of all resolutions at its 2024 and 2025 Annual General and Special Meetings of Shareholders held on June 17, 2025 [1][2] - Shareholders voted to set the number of directors at 3, electing Philip Campbell, Drew Malcolm, and Herb Dhaliwal as directors [2] - Kingston Ross Pasnak LLP was appointed as the Company's auditor for the upcoming year, and the Amended & Restated Stock Option Plan and Restricted Share Unit Plan were approved [2] Group 2 - The Company sought dis-interested shareholder approval for two ordinary resolutions regarding amendments to Unsecured Convertible Debentures [3][4] - The first resolution ratified the third amendment to the 0971289 Unsecured Convertible Debenture, excluding votes from certain related parties, and received majority approval [4] - The second resolution ratified the first amendment to the Herb Dhaliwal Unsecured Convertible Debenture, also excluding votes from related parties, and obtained majority approval [4][5] Group 3 - The amendments to the Unsecured Convertible Debentures are classified as "related party transactions" under Multilateral Instrument 61-101, and the Company is relying on exemptions from formal valuation requirements [5] - The Company did not file a material change report more than 21 days prior to the effective date of these transactions, as they required ratification by dis-interested shareholder approval [6] Group 4 - Herbal Dispatch Inc. operates leading cannabis e-commerce platforms, focusing on providing high-quality cannabis products at affordable prices [7] - The flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis flower and a variety of other product formats [7]
Vanguard Mining Finalizes Acquisition of Strategic 90,000 ha Uranium Project Adjacent to UEC's 8.96M-lb Yuty Deposit in Paraguay
Thenewswire· 2025-06-17 07:05
Core Viewpoint - Vanguard Mining Corp. has entered into a Definitive Share Purchase Agreement to acquire 100% of the outstanding shares of 1302343 B.C. LTD, which holds an 85% interest in Paraguay Uranium S.A., owner of the Yuty Prometeo Project in Paraguay, marking a significant step in its uranium exploration strategy [1][4][5]. Acquisition Details - The acquisition involves Vanguard purchasing all outstanding shares of BC LTD, which holds an 85% interest in Paraguay Uranium S.A. The Yuty Prometeo Project consists of four concessions covering approximately 90,000 hectares (222,395 acres) in the Paraná Basin, a key uranium region in South America [5][6][10]. - The transaction includes an initial payment of $20,000, the issuance of 8,000,000 common shares at a deemed price of $0.145, and an additional $20,000 upon the issuance of a Prospecting Permit [8]. Project Overview - The Yuty Prometeo Project is strategically located adjacent to Uranium Energy Corp.'s Yuty Deposit, which has an Indicated resource of 8.96 million pounds of U₃O₈ [2][5]. - The project area includes three San Jose concessions and one Yuty Uno concession, with significant uranium anomalies identified through previous exploration efforts [10][6]. Management Commentary - The CEO of Vanguard Mining Corp. emphasized that this acquisition is transformative for the company's uranium exploration strategy, positioning it in a highly prospective area adjacent to a multi-million-pound deposit [4]. Historical Context - Historical exploration in the region has included significant drilling activities, with uranium values ranging from 0.05% to 0.10% U₃O₈ noted in previous work [7][14]. The area has been recognized for its potential since the 1970s, with various companies conducting exploration and drilling campaigns [14][15]. Industry Context - Paraguay is emerging as a favorable mining jurisdiction, characterized by political stability, low sovereign risk, and a supportive regulatory environment for mineral exploration, particularly in uranium [16]. The country is increasingly seen as a strategic destination for mining companies seeking growth opportunities [16].
Fidelity Minerals Announces Proposed Share Consolidation
Thenewswire· 2025-06-13 23:00
Core Viewpoint - Fidelity Minerals Corp. intends to consolidate its common shares on a basis of five pre-consolidation shares for one post-consolidation share, aiming to enhance marketability and facilitate future financing [1][2]. Share Consolidation Details - The consolidation will reduce the number of outstanding shares from 108,652,859 to approximately 21,730,571 post-consolidation [1]. - The consolidation is expected to take effect around June 30, 2025, pending necessary approvals [1]. Shareholder Information - Uncertificated shareholders will have their accounts electronically adjusted without needing additional actions [3]. - Registered shareholders with physical certificates will receive a letter of transmittal to exchange their pre-consolidation shares for post-consolidation shares [4]. Company Overview - Fidelity Minerals is focused on developing high-quality mining assets in Peru and Canada, with projects like the Sunsets Project in British Columbia and the Las Huaquillas project in Northern Peru [6]. - The company also holds a 25% interest in the Florina Greensands project, which targets the potassium fertilizer market [6]. - The management team is experienced and aims to expand the project portfolio through strategic acquisitions [6].
Pampa Metals Announces $5 million LIFE Offering
Thenewswire· 2025-06-13 21:55
Core Viewpoint - Pampa Metals Corp. is initiating a non-brokered private placement aiming to raise between $4 million and $5 million through the issuance of shares priced at $0.16 each, with Canaccord Genuity Corp. serving as the financial advisor for this offering [1][6]. Group 1: Offering Details - The private placement will consist of up to 31,250,000 shares offered under the Listed Issuer Financing Exemption, applicable in all Canadian provinces except Quebec [2]. - The offering is scheduled to close around June 27, 2025, and is subject to customary conditions for such transactions [4]. - The shares will not be subject to a Canadian hold period as per applicable securities laws [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to fund exploration at the Piuquenes Project and the Cobrasco Project, as well as for working capital and general corporate purposes [4]. Group 3: Financial Advisor and Fees - Canaccord Genuity Corp. will receive an advisory fee of 1% of the total gross proceeds raised from the offering [6]. - The company may also pay finder's fees of up to 5% in cash and 5% in finder's warrants, with warrants having an exercise price of $0.30 and a term of 2 years [6]. Group 4: Company Background - Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges [7]. - The company has entered into an agreement to acquire an 80% interest in the Piuquenes Copper-Gold Porphyry Project in Argentina and plans to acquire 100% of Rugby Resources Ltd., which will provide an 80% interest in the Cobrasco Project in Colombia [7].
Lucky Minerals Announces Corporate Update
Thenewswire· 2025-06-13 12:00
Core Viewpoint - Lucky Minerals Inc. is undergoing a restructuring process, which includes changes in management, an amending agreement regarding the Prud'homme property, and a change in auditors [1]. Management Changes - Francois Perron has resigned as President, CEO, and interim Chairman but will remain as an independent director [2]. - Patrick Laforest has been appointed as Chief Operating Officer, President, and director, while Mario Bouchard has been appointed as an independent director [3]. Management Background - Patrick Laforest has nearly 15 years of experience in exploration and production geology, having worked with companies like Canadian Royalties and Hecla Mining. He holds an MBA from Laval University and has experience as an investment adviser [4][5]. - Mario Bouchard has a 42-year career in the Quebec government, including roles in strategic industries and major economic projects. He managed a billion-dollar investment fund focused on the mining sector [6][7][8]. Amending Agreements - The company has entered into an amending agreement regarding the option to acquire a 100% interest in the Prud'homme property, which includes several financial and operational conditions [11]. - Key amendments include extending the option payment deadline to June 30, 2025, setting a floor price for property shares at $0.10, and requiring a minimum of $1,000,000 in expenditures by the second anniversary of the effective date [12]. Property Details - The Prud'homme property consists of 79 mining titles located in Nunavik, Quebec, and includes approximately 18 known mineralized zones primarily containing copper, zinc, gold, and silver [15][16]. Change of Auditor - The company has appointed Mao & Ying LLP as the new auditors, replacing Olayinka Oyebola & Co., effective September 10, 2024. There were no reservations in the former auditor's reports [17][18][19].
Harvest Gold Announces Annual General Meeting Results
Thenewswire· 2025-06-13 10:30
Company Overview - Harvest Gold Corporation is focused on exploring near surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions [2] - The board of directors, management team, and technical advisors have a collective geological and financing experience exceeding 400 years [2] AGM Results - The annual general meeting (AGM) held on June 12, 2025, resulted in all resolutions being approved with over 99% of votes cast in favor [1] - A total of 21,129,144 common shares were voted, representing 23.97% of the issued and outstanding common shares [1] Board Appointments - Len Brownlie was appointed as Chair of the board, with Edward Zablotny and Patrick Donnelly appointed to the Audit Committee, and Patrick Donnelly and Edward Zablotny to the Compensation Committee [2] - The number of Directors was set at five, with Richard Mark, Christopher P. Cherry, Edward Zablotny, Patrick Donnelly, and Len Brownlie elected as directors [6] Project Details - Harvest Gold has three active gold projects in the Urban Barry area, totaling 377 claims covering 20,016.87 hectares, located approximately 45-70 km west of the Gold Fields - Windfall Deposit [3] - The three properties, Mosseau, Urban-Barry, and LaBelle, cover over 50 km of favorable strike along mineralized shear zones [4] Auditor Re-appointment - Dale Matheson Carr-Hilton Labonte LLP was re-appointed as the auditor of the Company [6] Stock Options Plan - The Company's 10% Rolling Stock Options Plan was re-approved during the AGM [6]
Vanguard Mining Initiates Site Visit and Core Review for NI 43-101 Report on Yuty Prometeo Uranium Project Adjacent to UEC's 8.96M lbs Resource
Thenewswire· 2025-06-12 13:20
Core Viewpoint - Vanguard Mining Corp. is advancing its uranium exploration portfolio with the acquisition of the Yuty Prometeo Project in Paraguay, which is strategically located adjacent to UEC's Yuty Project that has a defined uranium resource of 8.96 million pounds [3][4]. Company Overview - Vanguard Mining Corp. is a Canadian mineral exploration company focused on high-value strategic minerals, particularly uranium, and is committed to responsible exploration and value creation [23]. Project Details - The Yuty Prometeo Project consists of four concessions covering approximately 90,000 hectares (222,395 acres) in the uranium-rich Paraná Basin of southeastern Paraguay [9]. - The Prometeo Concession spans about 27,666 hectares (68,368 acres) and has historical uranium values ranging from 0.05% to 0.10% U₃O₈ based on previous exploration [10]. - The San Jose Concessions cover approximately 62,210 hectares (153,754 acres) and have shown significant uranium anomalies through radiometric surveys [12]. Technical Report and Exploration - The company is preparing an initial NI 43-101 Technical Report, which will include data compilation, field inspections, and a review of previous exploration work [2][4]. - Ariel Testi, the senior geologist, brings 22 years of experience in the mining industry and has previously contributed to significant uranium discoveries [5][7]. Strategic Importance - The acquisition of the Yuty Prometeo Project is seen as a significant strategic advancement for Vanguard, providing compelling exploration upside within a proven uranium district [4]. - The project is positioned within a geopolitically stable and investor-friendly environment in Paraguay, which is recognized for its untapped mineral potential [22].