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Adamera Closes $1,001,000 Hard Dollar Private Placement
Thenewswire· 2026-01-30 22:30
Core Viewpoint - Adamera Minerals Corp. has successfully closed the hard dollar portion of its private placement, raising a total of $1,001,000 from the sale of Units, in addition to $253,500 raised in a previous flow-through financing [1][2]. Financing Details - The Company raised $1,001,000 by selling 18,200,000 Units at a price of $0.055 per Unit, with each Unit consisting of one common share and one common share purchase warrant [2]. - Each warrant is exercisable at a price of $0.12 for three years, with an accelerated expiry provision if the market price exceeds $0.16 for 10 consecutive trading days [2]. Securities and Regulations - All securities are subject to a four-month hold, expiring on May 31, 2026, and no finder's fee was paid for this financing [3]. - Two directors of the Company acquired a total of 742,013 Units, which is classified as a related party transaction under TSX Venture Exchange Policy 5.9 and MI 61-101 [4]. Company Overview - Adamera Minerals Corp. focuses on exploring high-grade gold, silver, and copper deposits in Washington State and British Columbia, holding numerous drill-ready targets in areas with past producing mines [5].
Ocumetics Announces Proposed Forbearance Agreement for $4 million Secured Convertible Debentures
Thenewswire· 2026-01-30 22:30
Core Viewpoint - Ocumetics Technology Corp. is seeking approval for a forbearance agreement with holders of secured convertible debentures, allowing them to defer payment until June 19, 2027 [1][2]. Group 1: Forbearance Agreement - The proposed forbearance agreement involves Debentureholders refraining from demanding payment or taking action on security until June 19, 2027, despite the maturity of the Debentures [1]. - The Debentures have a total face value of up to $4,000,000, with an interest rate of 18% per annum, compounded annually [2]. - The Corporation can prepay the Debentures at any time with a 90-day prior written notice, without incurring penalties [2]. Group 2: Debenture Terms - The Principal amount of the Debentures is convertible into common shares at a price of $0.32 per share until the Maturity Date [3]. - Interest on the Debentures can also be converted into common shares, subject to Exchange approval [3]. - The Debentures are secured by a general security agreement on the Corporation's personal property [3]. Group 3: Warrants Issuance - In exchange for the forbearance, the Corporation plans to issue share purchase warrants to Debentureholders, calculated based on the Principal and accrued interest divided by $0.58 [4]. - Each Warrant will allow the holder to purchase one common share at an exercise price of $0.58 until the earlier of June 19, 2027, or when the indebtedness is fully repaid [4]. Group 4: Company Overview - Ocumetics Technology Corp. is a Canadian research and product development company focused on advanced vision correction solutions [5]. - The company is in the early feasibility study phase of a new intraocular lens technology designed to eliminate the need for corrective lenses, allowing natural focus adjustment [6].
Granada Gold Mine Announces $2.5 Million Private Placement
Thenewswire· 2026-01-30 22:00
Rouyn Noranda, Q.C., January 30, 2026 – TheNewswire - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") is pleased to announce a non-brokered private placement offering raising gross proceeds of up to $2.500,000 through the issuance of up to 50,000,000 units (the "Units") at a price of $0.05 per Unit (the "Offering"). Each Unit is comprised of one common share of the Company (each, a "Common Share") and one Common Share purchase warrant ( the "Warrants") of the ...
Shine Minerals Provides Update on High-Grade Silver-Fluorspar-Barite Silver District Project, Southern Arizona
Thenewswire· 2026-01-30 21:45
Core Viewpoint - Shine Minerals Corp. is progressing towards a proposed transaction to acquire all outstanding shares of Red Cloud Silver Ltd., which is part of its strategy to reactivate its listing on the TSX Venture Exchange [1][2][3]. Group 1: Proposed Transaction Details - The proposed transaction involves an option to acquire 11,100,000 common shares of Red Cloud Silver Ltd. as per a definitive agreement dated December 23, 2025 [1]. - The completion of the transaction is subject to customary conditions, including approvals from the TSX Venture Exchange [2]. - A finder's fee of 1,000,000 common shares will be paid to an arm's-length finder, contingent upon compliance with applicable securities laws [2]. Group 2: Company Background - Shine Minerals Corp. is a Canada-based company focused on the acquisition, exploration, evaluation, and development of mineral resource assets [4]. - The proposed transaction is aimed at reactivating Shine's status from the NEX board to a Tier 2 Mining Issuer in accordance with TSXV Policy [3].
Vanguard Mining Reports Re-Assay Program for Redonda Copper-Molybdenum Project
Thenewswire· 2026-01-30 21:05
Core Viewpoint - Vanguard Mining Corp. is advancing its exploration efforts at the Redonda Copper-Molybdenum Project through additional re-assaying and a planned Phase 2 drill program to enhance the understanding of mineralization and evaluate the project's potential [1][2][3]. Exploration and Drilling Program - The company plans to conduct additional re-assaying of selected drill core using multi-element analytical methods to evaluate gold, copper, silver, rare earth, and other elements [1][2]. - The Phase 2 Drill and Exploration Program is fully permitted and aims to build upon the encouraging results from the recently completed drill program [4]. - The Redonda Project consists of nine mineral claims totaling 2,746.46 hectares, located approximately 40 kilometers northeast of Campbell River, British Columbia [4]. Geological Insights - The geological setting at Redonda is characterized by copper-molybdenum mineralization along a hornblende-rich dike, with significant mineralization confirmed at depth [5][7]. - The project shares similarities with other porphyry-style copper-molybdenum systems in southwestern British Columbia [8]. Drilling Details - The planned drilling will include up to seven diamond drill holes totaling approximately 2,800 meters, targeting areas with historical mineralization [6]. - Recent drilling results indicate that copper-molybdenum mineralization is laterally and vertically continuous within the drilled area, with significant intersections reported [10]. Collaboration and Community Engagement - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor, training opportunities, and the use of Klahoose-affiliated service providers [14]. - Ongoing engagement with the Klahoose First Nation will include regular updates on work plans and adherence to cultural heritage protocols [14]. Quality Assurance and Analytical Procedures - Quality assurance and quality control procedures were implemented during the sampling and analysis process, ensuring accuracy and precision in the results [15][16]. - Analytical work was conducted by ALS Laboratories, which is independent and accredited to ISO/IEC 17025 standards [16].
Giant Mining Plans Up to 10,000-Foot Multi-Phase Drill Program at Majuba Hill Copper-Silver Project, Nevada
Thenewswire· 2026-01-30 21:05
VANCOUVER, BC — January 30, 2026 — TheNewswire - Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5 | CSE: BFG.WT.A | CSE: BFG.WT.B.) (“Giant Mining” or the “Company”) is pleased to announce the Company is planning Up to 10,000 Feet (3,048 Meters) of drilling in a multi phased drill program (“Drill Program”) and exploration program at the Company’s 9,684 acre flagship Majuba Hill Project Copper-Silver-Gold Project in Pershing County, Nevada.The multi phased Drilling and Exploration Program is anticipated ...
Angkor Resources Announces AGM Results and Appointment of New Director
Thenewswire· 2026-01-30 14:00
Core Viewpoint - ANGKOR RESOURCES CORP. held its Annual General Meeting on January 29, 2026, where all resolutions were approved, including the appointment of Dr. David Johnson to the Board of Directors and the strategic sale of oil and gas assets to reduce debt and fund growth initiatives in Cambodia [1][2][3]. Company Developments - A total of 96,855,431 common shares, approximately 47.78% of the outstanding shares, were voted at the Meeting, with over 99% in favor of the sale of oil and gas assets, which removed $3,800,000 in debt and provided $1,000,000 in net proceeds [3]. - The company aims to redirect resources towards the Cambodian onshore Block VIII Project for potential growth [3]. Board of Directors - Dr. David Johnson, a geoscientist with over 40 years of experience in exploration and production, was appointed to the Board, bringing extensive expertise from previous roles at major companies [4][7]. - The company also acknowledged the retirement of long-time directors Steve Cochrane and Scott Smith, thanking them for their contributions [7]. Financial Resolutions - The Meeting approved the reappointment of Davidson Company LLP as auditors and set the number of directors at six, electing nominees including Dr. Johnson [5]. - The sale of a 40% interest in the Evesham Macklin oil and gas lands for $4,800,000 was also approved [5]. Company Overview - ANGKOR RESOURCES CORP. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia [8]. - The company’s mineral subsidiary holds two exploration licenses for copper and gold, while its energy subsidiary, EnerCam Resources, is advancing oil and gas exploration in Block VIII, covering over 4,095 square kilometers [9].
Fidelity Minerals Announces the Issuance of Options
Thenewswire· 2026-01-30 14:00
Company Overview - Fidelity Minerals Corp. has assembled a portfolio of high-quality mining assets, targeting large-scale copper and gold deposits to attract mid-tier and major mining companies [4] - The company is focused on advancing its most significant project, Las Huaquillas, which involves gold, copper, and silver in Northern Peru [4] - Fidelity is also looking to opportunistically expand its project portfolio through accretive acquisitions [4] - The company is backed by an experienced management team with diverse technical, market, and commercial expertise, supported by committed and sophisticated investors [4] Stock Options Announcement - Fidelity Minerals Corp. has granted a total of 2,950,000 incentive stock options to certain directors, officers, and consultants [1] - The options are exercisable at a price of $0.32 per share for a period of 5 years [2]
Windfall Geotek AI Validates Major Discovery: TomaGold Intersects 5.75% ZnEq Over 98.5 Metres at Berrigan Deep
Thenewswire· 2026-01-30 13:30
Core Insights - Windfall Geotek Inc. has confirmed a significant mineralized discovery at the Berrigan Mine project through recent drilling results from TomaGold Corp., validating high-priority targets identified by Windfall's AI system in June 2024 [1][2] Group 1: Discovery Highlights - The AI system, combined with a comprehensive historical exploration database and SIGEOM data covering 1,263.98 km², identified 11 high-priority zinc targets [2] - Drill hole TOM-25-015 intersected 5.75% ZnEq (1.34 g/t AuEq) over 98.5 meters, including a high-grade interval of 26.67% ZnEq (6.26 g/t AuEq) over 4.90 meters [5] - The discovery at the Berrigan Deep zone demonstrates the effectiveness of Windfall's AI in reducing the effective search area by 98–99%, allowing focused exploration on specific cells [5][6] Group 2: Management Commentary - Michel Fontaine, President and CEO of Windfall Geotek, described the results as a "watershed moment," emphasizing that the AI system not only identifies targets but also finds deposits [3][6] - The company views this discovery as a validation of its technology as a critical decision-support tool for modern geologists [6] Group 3: Technical Details and Next Steps - Several mineralized zones remain open in all directions, with ongoing 2D and 3D modeling to target the -250 to -500 meter interval [6] - Upcoming geophysical surveys will further assist in exploration efforts [6] Group 4: Company Overview - Windfall Geotek has been a leader in AI-driven mineral exploration since 2005, focusing on transforming complex geoscience data into high-potential discoveries [8] - The company is expanding its expertise beyond mining into life-saving applications, such as landmine and UXO detection [8]
Global Energy Metals Announces Resignation of Peter Reynolds as Director
Thenewswire· 2026-01-30 13:00
Core Viewpoint - Global Energy Metals Corporation announces the resignation of Mr. Peter Reynolds from its Board of Directors, effective January 31, 2026, with no disagreements reported regarding company operations [1][3]. Company Developments - The Board and management express gratitude for Mr. Reynolds' contributions since the company's inception and wish him well in future endeavors [2]. - The company will continue to evaluate opportunities to strengthen its Board composition in alignment with strategic objectives [4]. Strategic Focus - Global Energy Metals is focused on the critical mineral sector, recognizing the importance of securing supplies of battery metals such as cobalt, nickel, copper, and lithium to support the global electrification movement [6]. - The company employs a disciplined strategy of consolidation, partnership, and investment to advance a portfolio of strategically significant battery metal assets [6][8]. Project Portfolio - The company is involved in projects across Canada, Australia, Norway, and the United States, prioritizing assets located in established mining jurisdictions and close to end-use markets [7]. - Global Energy Metals aims to minimize logistical and processing risks to accelerate project development and entry into the battery supply chain [8]. Market Opportunity - The company views the electrification movement as a generational investment opportunity, emphasizing the importance of securing minerals that power the eMobility revolution [9].