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Cava Healthcare Appoints Barbara Sharp As Chief Executive Officer And As A Director
Thenewswire· 2025-05-08 21:00
Vancouver, British Columbia, May 8th, 2025 – TheNewswire - CAVA Healthcare Inc, (the “Company”) is pleased to announce the appointment of Barbara Sharp as its new Chief Executive Officer (CEO), effective immediately.  She has also been appointed to serve as a Director of the Company until next Annual General Meeting.Barbara brings a wealth of leadership experience across public, private, and nonprofit sectors, with a career spanning over three decades in executive management, labour relations, conflict res ...
Vanguard Mining Announces Delay In Filing Annual Financial Statements
Thenewswire· 2025-05-08 00:00
Core Viewpoint - Vanguard Mining Corp. failed to file its annual financial statements by the required deadline due to an unforeseen delay from the audit firm, which is outside the company's control [1][2]. Group 1: Financial Filings - The Annual Financial Filings for the year ended December 31, 2024, were not submitted by the April 30, 2025 deadline [1]. - The delay in filing is attributed to the audit firm's inability to complete the review, preventing the release of the audit report [2]. Group 2: Regulatory Actions - The company has received a management cease trade order from Canadian securities regulatory authorities, affecting the CEO and CFO, which prohibits them from trading the company's securities until the filings are completed [3]. - The management cease trade order will remain in effect until the Annual Financial Filings are submitted, with a target filing date around July 20, 2025 [3]. Group 3: Future Communications - Until the Annual Financial Filings are submitted, the company plans to provide information in accordance with National Policy 12-203 regarding Management Cease Trade Orders [4].
Allied Critical Metals Poised to Become Leading Tungsten Producer with Dual Projects in Portugal
Thenewswire· 2025-05-02 20:15
Company Overview - Allied Critical Metals Inc. (ACM) aims to become a leading Western supplier of tungsten, a critical mineral, with two 100% owned advanced stage brownfield projects in northern Portugal [1] - The company is positioned for near-term, low-cost production as global supply chains seek alternatives to Chinese and Russian sources [1] Borralha Tungsten Project - The Borralha Tungsten Project has a current inferred mineral resource of 7.0 million tonnes at an average grade of 0.20% WO₃ and an indicated resource of 4.98 million tonnes at 0.21% WO₃, with by-products including silver, copper, and tin [2] - Historical production at Borralha exceeded 10,000 tonnes of tungsten concentrate with an average grade of 66% WO₃ [2] - Recent drilling confirmed broad intercepts, including 106m at 0.21% WO₃ and 10m at 1.75% WO₃, with test work showing up to 70% tungsten recovery [3] Vila Verde Tungsten-Tin Project - The Vila Verde Tungsten-Tin Project has a historical inferred resource of 7.3 million tonnes, with grades of 1,347 g/t WO₃ and 961 g/t WO₃ [4] - ACM plans to construct a pilot plant and initiate production at Vila Verde by Q4 2025, with a processing capacity of 150,000 tonnes of feedstock per year, producing approximately 250 tonnes of WO₃ concentrate [5] Tungsten Market - Tungsten is classified as a critical mineral by the US and EU, essential for defense, semiconductors, electric vehicles, and advanced manufacturing [7] - Currently, over 84% of global tungsten production is concentrated in China, presenting a significant opportunity for ACM to develop a secure, Western-aligned supply chain [7] - The tungsten market is estimated to be valued at approximately $5 - $6 billion USD, used across various industries including defense, automotive, manufacturing, electronics, and energy [20] Offtake Agreements and Financing - ACM has signed a Letter of Intent for an offtake agreement with Global Tungsten & Powders and is in advanced negotiations with additional international refiners [8] - The company is focusing on non-dilutive financing to preserve shareholder value while accelerating near-term production [8]
Rackla Metals Receives Land Use Permit for Maiden Drill Program at the Grad Property, NWT
Thenewswire· 2025-04-30 11:00
Core Viewpoint - Rackla Metals Inc. has received a Type A Land Use Permit for its Grad Project, enabling the company to advance its exploration efforts in the Tombstone Gold Belt, with a focus on the promising BiTe Zone [1][2]. Company Developments - The Grad Project is now fully permitted and funded for the 2025 exploration season, with a five-year permit that can be extended for two additional years [1]. - The CEO of Rackla expressed gratitude for the support received during the permitting process and highlighted the compelling results from initial exploration activities [2]. - Early findings include a talus-fine sample line averaging 1.06 g/t Au over 550 meters, with a core zone averaging 3.68 g/t Au over 180 meters [2]. Exploration Details - The Phase 1 drilling program will commence at the BiTe Zone, with plans for Phase 2 to include step-out drilling based on mapping and sampling results [3]. - The Grad Property is located in the eastern portion of the Tombstone Gold Belt, with mineral claims staked in July 2024 after a decade of land use planning [6]. - The 2024 exploration program included prospecting, rock, stream sediment, and talus-fine sampling, along with airborne geophysical and photogrammetry surveys [7]. Geological Insights - The Grad Property is centered on the North Nahanni Pluton, a Cretaceous-age felsic intrusion, which has shown significant alteration and mineralization potential [7][8]. - Rock sampling has returned gold grades up to 92 g/t Au, confirming the presence of Reduced Intrusion-Related Gold Systems (RIRGS) in the area [8].
Arctic Star to Defend Notice of Action
Thenewswire· 2025-04-29 13:30
Core Viewpoint - Arctic Star Exploration Corp. is facing a litigation claim filed by Robert and Sandy Shindleman, seeking damages of $600,000 plus punitive damages and costs related to a private placement conducted in 2015 [1][2][3] Group 1: Litigation Details - The litigation claim alleges that the 2015 private placement did not qualify as an eligible flow-through offering under the Income Tax Act (Canada) [2] - The company intends to vigorously defend itself against these allegations and denies any liability as claimed [3] Group 2: Company Overview - Arctic Star is primarily a diamond exploration company, having recently discovered five new kimberlites in the Lac De Gras kimberlite field, which supports two multi-billion dollar kimberlite mining complexes [4] - The company holds a 958 Ha exploration permit for its Timantti project in Kuusamo, Finland, which contains several diamond-bearing kimberlites [4]
Lexaria Announces Closing of $2 Million Registered Direct Offering of Common Stock
Thenewswire· 2025-04-28 20:15
 Kelowna, British Columbia – April 28, 2025 – TheNewswire - Lexaria Bioscience Corp. (NASDAQ:LEXX)(NASDAQ:LEXXW) (the "Company" or "Lexaria"), a global innovator in drug delivery platforms, today announced the closing of its previously announced registered direct offering with a single institutional investor for the purchase and sale of 2,000,000 shares of common stock  (or pre-funded warrants in lieu thereof) at a purchase price of $1.00 per share (or per pre-funded warrant in lieu thereof)   Other than t ...
Star Royalties Provides Updates on Green Star Royalties and Corporate Strategy
Thenewswire· 2025-04-28 11:00
Core Insights - Star Royalties Ltd. has provided an update on Green Star Royalties Ltd.'s royalty portfolio and corporate strategy, highlighting the challenges faced in the carbon markets and the decision to terminate future capital commitments to the CarbonNOW program [1][3][4]. Carbon Markets Update - North American carbon markets are experiencing significant headwinds, leading to reduced carbon credit pricing and demand due to factors such as the U.S. withdrawal from the Paris Agreement and economic uncertainties [2]. - A key carbon credit offtaker has announced solvency issues, further impacting market conditions [2]. Green Star's Strategic Decisions - Green Star's management has reassessed the economic feasibility of its assets, resulting in the termination of commitments to the CarbonNOW program due to elevated risks and a deteriorating return profile [3][6]. - The decision was unanimously supported by joint-venture partners, with a focus on reallocating capital to high-quality, cash-flowing royalties in decarbonization projects [4][6]. Portfolio Updates - Green Star has acquired gross revenue royalties from NativState LLC on Improved Forest Management projects, actively engaging with brokers to monetize carbon offsets [8][10]. - The company is exploring various monetization strategies, including long-term offtakes and direct sales [10]. Project Highlights - Project ACR 912 and Project ACR 913 involve sustainably managed forestland in Arkansas, with expected carbon offset issuances by the end of 2025 [12][13]. - The Elizabeth Metis Settlement Forest Carbon Project is set to complete baseline inventory measurement by late 2025, with carbon credit issuance anticipated by 2027 [18]. - The Lac Seul First Nation Forest Carbon Project currently lacks a viable path for carbon credit generation, with future updates pending [19]. Corporate Strategy - Star Royalties aims for an 80% focus on precious metals and 20% on green initiatives, including carbon credits and cleantech [20]. - Green Star, 46% owned by Star Royalties, was established to provide exposure to carbon markets and ESG themes, with a focus on cash-flowing opportunities [21][22]. - The company remains optimistic about future value creation despite current market challenges, believing in the royalty model's fit for carbon markets [22][23]. Mining Portfolio Outlook - The mining royalty portfolio outlook has improved, with rising gold prices exceeding US$3,300/oz, and the Copperstone Gold Project expected to generate significant cash flows upon resuming production in mid-2026 [23][24]. - The company anticipates several de-risking events and milestones across its mining assets, aiming to close the valuation gap with its market capitalization [27].
Allied Critical Metals Announces Completion Of Reverse Take-Over
Thenewswire· 2025-04-24 22:30
 Vancouver, British Columbia – April 24, 2025 – TheNewswire - Allied Critical Metals Inc. (formerly Deeprock Minerals Inc.) (CSE: ACM) (the “Company” or the “Resulting Issuer”) is pleased to announce the completion of the transaction (the “Transaction”) resulting in the reverse takeover of Deeprock by Allied Critical Metals Corp. (“ACM”), a private company incorporated under the laws of the Province of Ontario. Further details of the Transaction are available in the Company’s listing statement dated April 2 ...
Vanguard Mining Advances 90,000-Hectare Yuty Prometeo Uranium Project Adjacent to UEC's 8.96M lbs Deposit with NI 43-101 Technical Report Underway
Thenewswire· 2025-04-17 07:05
Core Viewpoint - Vanguard Mining Corp. has acquired the Yuty Prometeo Project in Paraguay, which is expected to enhance its uranium exploration strategy, with an initial NI 43-101 Technical Report to be prepared by senior geologist Ariel Testi [1][3]. Company Overview - Vanguard Mining Corp. is a Canadian mineral exploration company focused on high-value strategic minerals, particularly uranium, and is advancing projects in the United States and Paraguay [21]. - The company aims to create value through responsible exploration and the acquisition of promising uranium properties [21]. Project Details - The Yuty Prometeo Project consists of a 90,000-hectare (222,395-acre) land package, including the San Jose and Prometeo concessions, located in the uranium-rich Paraná Basin of southeastern Paraguay [2][8]. - The Prometeo Concession covers approximately 27,666 hectares (68,368 acres) and is adjacent to UEC's Yuty Project, which has a defined uranium resource of 8.96 million pounds [2][9]. - The San Jose Concessions total approximately 62,210 hectares (153,754 acres) and have shown significant uranium anomalies based on previous radiometric surveys [10][11]. Geologist Profile - Ariel Testi, a seasoned geologist with 22 years of experience in the mining industry, has been retained to prepare the initial Technical Report for the Yuty Prometeo Project [4][6]. - Testi has a strong background in mineral exploration and has previously contributed to significant discoveries, including the Ivana Deposit in Argentina [6][7]. Industry Context - Paraguay is emerging as a favorable mining jurisdiction in South America, characterized by political stability, low sovereign risk, and a supportive regulatory environment for mineral exploration [20]. - The country is increasingly recognized for its potential in uranium and other strategic minerals, making it an attractive destination for mining companies [20].
Rockland Resources Announces Advisor Chris Dorn as Incoming Chair of the BHSC and Reports on the International Beryllium Meetings Recently Held in Cobourg, Ontario
Thenewswire· 2025-04-11 12:00
Core Insights - Rockland Resources Ltd. participated in the Beryllium Health and Safety Committee (BHSC) Meeting held on March 25-26, 2025, focusing on the safe handling and future applications of beryllium in the clean energy sector [1][2] - The BHSC meeting had over 110 participants globally, emphasizing the growing importance of beryllium in clean energy development and the commitment to safe practices [2] - Rockland is exploring potential collaborations with MiRESSO, a fusion start-up from Japan, to locate and develop beryl properties that align with MiRESSO's future needs [2][3] Company Developments - Rockland is actively exploring for beryl in Utah, holding a strong land position with its Claybank and Beryllium Butte Projects [3] - The Spor Mountain region in Utah is recognized for its beryllium occurrences, with Materion Corp. being the largest producer of beryllium from bertrandite at its Spor Mountain Mine, operational since 1969 [3][4] - The company is advancing critical metals exploration, specializing in beryllium, in a region with over 50 years of established mining history [4] Industry Context - Beryllium is classified as a high-value, essential light metal with diverse applications across aerospace, telecommunications, electronics, medical, satellite, energy, and defense sectors, and is recognized as a critical material by the US Government [5]