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Discontinuance of Counterclaims Against D2 Lithium Corp. Totaling $550,000 Completed
Thenewswire· 2026-02-20 17:55
Langley, British Columbia – TheNewswire - February 20, 2026 - D2 Lithium Corp. (“D2 Lithium or the Company”) (TSX-V: DWTO) (OTC: DTWOF) wishes to report the discontinuance of five counterclaims filed against D2 Lithium in the Court of King's Bench of Alberta in September 2023 for a total of $550,000 by former directors, officers and certain employees of the Company. Full and final releases in favour of D2 Lithium have been received from all of the former directors, officers and employees that were plaint ...
Happy Creek Announces Name Change to Fox Tungsten Ltd.
Thenewswire· 2026-02-20 14:00
February 20, 2026, Vancouver, British Columbia – TheNewswire - Happy Creek Minerals Ltd. (TSX-V: HPY) (“Happy Creek” or the “Company”) is pleased to announce that it will be changing its corporate name to Fox Tungsten Ltd. Effective at the opening of trading on Wednesday, February 25, 2026, the common shares of the Company will commence trading on the TSX Venture Exchange under the new name and the new trading symbol “FOXT”.Shareholders holding Happy Creek share certificates can request a replacement cer ...
Blue Lagoon Resources Completes Second Sale of $1.4 Million of Dome Mountain Mineralized Material - Milling Now Underway
Thenewswire· 2026-02-20 13:00
Core Viewpoint - Blue Lagoon Resources Inc. has received a second advance payment of approximately CAD $1.4 million from its milling partner, Nicola Mining, for 1,000 tonnes of stockpiled mineralized material from the Dome Mountain Gold and Silver Project, indicating growing confidence in the asset's production capabilities [1][4][7]. Group 1: Financial Developments - The total amount of Dome Mountain mineralized material delivered to the mill site is approximately 3,700 tonnes, which is currently stockpiled pending processing [2]. - The advance payments are intended to provide working capital to support ongoing underground development and production activities at Dome Mountain [7]. Group 2: Operational Updates - Processing of the Dome Mountain material has commenced after comprehensive plant cleanup and maintenance at Nicola Mining's mill facility, ensuring high operational standards and recoveries [3]. - The company has previously received an advance payment for an additional 1,000 tonnes, reflecting a strategic partnership with Nicola Mining [4][10]. Group 3: Strategic Goals - Blue Lagoon aims to advance production, ship material, and build momentum, with expectations of consistent operational cash flow and continued growth as processing continues [7]. - The company plans to reinvest internally generated cash flow into near-mine and regional exploration starting in the second half of 2026 to expand its resource base [10]. Group 4: Company Background - Blue Lagoon Resources Inc. is a Canadian-based mining company focused on producing from its 100% owned Dome Mountain Gold Mine, operating in a favorable mining jurisdiction [9]. - The company achieved a significant milestone in February 2025 by obtaining a full mining permit, one of only nine issued in British Columbia since 2015, and has since begun underground mining operations [10]. Group 5: Commitment to Sustainability - The company emphasizes a strong commitment to sustainability, community engagement, and creating lasting value for shareholders and stakeholders [11].
Hi-View Upsizes Private Placement
Thenewswire· 2026-02-20 12:30
Core Viewpoint - Hi-View Resources Inc. has announced an increase in its non-brokered private placement offering to 6,750,000 units at a price of $0.30 per unit, aiming for gross proceeds of up to $2,025,000 [1] Group 1: Private Placement Details - The offering consists of one common share and half of one transferable common share purchase warrant per unit, with each whole warrant allowing the purchase of an additional share at $0.45 for 24 months [1] - Proceeds from the placement will be used for general corporate purposes, including arm's-length payables [2] - Finders' fees of up to 10% may apply to the private placements, and all securities issued will be subject to a hold period of four months and one day [2] Group 2: Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company focused on gold, silver, and copper assets in the Toodoggone region of northern British Columbia [4] - The company holds over 27,791 hectares across various projects, including the Lawyers East Project, Borealis Project, and Golden Stranger Project, all of which are high-priority targets [4] - Additional assets include the Nub and Saunders properties, with ongoing option agreements for Northern Claims and Harmon Peak, and an additional 1,300 hectares under mineral claim application [4]
Western Magnesium Corporation Moves into Brand New Demonstration Plant Facility
Thenewswire· 2026-02-20 12:00
Core Insights - Western Magnesium Corporation (WMC) has opened a new 44,000 square foot facility near Las Vegas, marking a significant milestone in its expansion and operational capabilities [1][4] - The facility will house a fully revamped Demonstration Plant designed to enhance prototyping, showcase next-generation processes, and support eco-friendly magnesium production [2][4] - The assembly of the Demonstration Plant is underway with a target completion timeline of six months, reflecting the company's commitment to rapid innovation [3] Company Overview - WMC aims to be a low-cost producer of green primary magnesium metal, utilizing proprietary technology to produce 99.8% pure magnesium while minimizing environmental impact [5] - The new facility's location provides access to major transportation hubs, talent pools, and business networks, facilitating collaboration and strategic partnerships [4][5] - The expansion is seen as a positive development for the local community, promising meaningful career opportunities [5]
Falcon Energy Materials PLC Closes C$25 Million Private Placement To Accelerate Project Development And Welcomes Significant New Shareholders
Thenewswire· 2026-02-20 12:00
Core Viewpoint - Falcon Energy Materials plc has successfully closed a non-brokered private placement, raising C$25,000,000 through the issuance of 41,666,666 units at a price of C$0.60 per unit, which will support the development of its projects in Morocco [1][4]. Group 1: Private Placement Details - The private placement consists of units, each comprising one ordinary share and one share purchase warrant, with warrants allowing the purchase of additional shares at C$0.75 for 36 months [2]. - The proceeds will be allocated to advancing strategic projects in Morocco and for general working capital [4]. - The largest shareholder, La Mancha Investments, will hold a 24.1% interest in the company post-placement [3]. Group 2: Investor Confidence and Support - The CEO expressed gratitude for the strong investor confidence, highlighting the participation of existing shareholders and new investors from the USA, Middle East, and Europe [3]. - The successful closing of the private placement is seen as a testament to the company's potential and the support from significant investors [3]. Group 3: Company Overview and Strategic Goals - Falcon Energy Materials aims to be a leading provider of natural Coated Spheronized Purified Graphite, essential for energy storage solutions [8]. - The company is developing a state-of-the-art production facility in Morocco with a capacity of 25,000 tons per annum [8]. - Falcon has strategic partnerships with leading Chinese technology firms and Moroccan partners, enhancing its technological capabilities and access to quality raw materials [9].
Andina Copper Announces LIFE Offering and Concurrent Financing for an Aggregate of $20m
Thenewswire· 2026-02-20 11:30
Core Viewpoint - Andina Copper Corp. is conducting a non-brokered private placement to raise a total of $20,000,000 through two offerings, the LIFE Offering and the Concurrent Financing, each involving the sale of 12,500,000 common shares at a price of $0.80 per share [1][2]. Group 1: Offerings Details - The LIFE Offering will provide gross proceeds of $10,000,000 and is conducted under the Listed Issuer Financing Exemption, with shares not subject to a Canadian hold period [1][4]. - The Concurrent Financing will also raise $10,000,000 through the sale of Non-LIFE Shares, which will be subject to a hold period for Canadian residents [2][3]. - Finder's fees of up to 6% cash may be paid in connection with the Offerings [2]. Group 2: Use of Proceeds - The net proceeds from the Offerings will be allocated to fund exploration at the Piuquenes and Cobrasco Projects, as well as for working capital and general corporate purposes [5]. Group 3: Regulatory and Compliance Information - The LIFE Shares will be offered in all Canadian provinces except Quebec, while the Non-LIFE Shares may be offered in other qualifying jurisdictions outside Canada [3][4]. - The securities offered have not been registered under the U.S. Securities Act and cannot be sold in the United States without registration or applicable exemptions [7][12].
Golden Cariboo Resources Ltd. - Interactive Offers: Expanded Disclosure
Thenewswire· 2026-02-20 01:25
February 19, 2026 – TheNewswire - Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) (the “Company”) provides additional information to that included in the news release of February 11, 2026 regarding Interactive Offers. Interactive Offers provides digital marketing and promotional services through online channels, including digital campaigns and content placement. Interactive Offers is arm’s length to the Company with no prior affiliation, ownership interest or other relationship. ...
SPARC AI Hires Senergy Communication Capital
Thenewswire· 2026-02-20 00:15
Group 1 - SPARC AI Inc. has engaged Senergy Communications Capital Inc. for a two-month contract to provide marketing and investor awareness services, starting immediately [1] - The contract includes a total payment of CAD $100,000, which consists of a service fee of CAD $15,000 and advertising expenses of CAD $85,000 [1] - Senergy Communications is a marketing, advertising, and shareholder relations firm based in Vancouver, B.C., and does not own any shares, options, or warrants in SPARC AI [1] Group 2 - SPARC AI Inc. develops GPS-free target acquisition and intelligence software for drones and edge devices, utilizing zero-signature technology for real-time detection and tracking [3] - The company's flagship platform aims to provide unmatched situational awareness for defense, rescue, first responders, and commercial operators [3] - SPARC AI is focused on building a scalable software platform that will define the future of drone intelligence globally [3]
Noble Undertakes Debt Settlement
Thenewswire· 2026-02-19 22:50
Toronto, Ontario – February 19, 2026 - TheNewswire – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V: NOB, FRANKFURT: NB7, OTCQB.PK:NLPXF) announced that it has reached an agreement with an arm’s length creditor to settle bona fide debt through the payment of $14,000 in cash and issuance of 466,666 broker warrants, each warrant being exercisable for one common share of Noble at a price of $0.125 per share for a period of two years following their issuance. The transaction remains subject ...