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SPARC AI Signs Global Preferred Reseller Agreement with Precision Technic Defense Group
Thenewswire· 2025-11-04 14:30
Core Insights - SPARC AI Inc. has entered into a non-exclusive Preferred Reseller Agreement with Precision Technic Defence Group (PTD) to distribute its advanced defense technologies across Australia, Europe, and the United States [1][2] - This partnership is expected to enhance SPARC AI's global distribution network and leverage PTD's established relationships within the defense sector [2][3] Company Overview - SPARC AI Inc. specializes in developing GPS-free target acquisition and intelligence software for drones and edge devices, focusing on real-time detection and tracking without reliance on traditional sensors [4] - The company's flagship platform aims to provide unmatched situational awareness for defense, rescue, and commercial operators [4] Partnership Significance - The collaboration with PTD, a leader in advanced defense solutions with over 40 years of experience, is seen as a pivotal moment for SPARC AI, potentially accelerating the adoption of its technologies in the defense market [2][3] - By combining SPARC AI's innovative technology with PTD's expertise and customer relationships, both companies aim to enhance their offerings in the defense sector [3]
Vanadiumcorp Announces Flow-Through and Non Flow-Through Private Placement Financing for Critical Minerals
Thenewswire· 2025-11-04 14:00
Core Viewpoint - VanadiumCorp Resource Inc. is planning a non-brokered private placement financing to raise up to C $1.4 million, subject to approval from the TSX Venture Exchange, with the financing expected to close by November 30, 2025 [1][2]. Financing Details - The company intends to issue up to 2,333,333 flow-through units at C $0.30 and 2,800,000 non-flow-through units at C $0.25, aiming for total gross proceeds of C $1.4 million [2]. - Each non-flow-through unit will consist of one common share and one share purchase warrant, allowing the purchase of an additional common share at C $0.45 for 18 months [3]. - Each flow-through unit will include one flow-through common share and half a share purchase warrant, with each full warrant also allowing the purchase of a common share at C $0.45 for 18 months [4]. Use of Proceeds - Net proceeds from the financing will be allocated for critical mineral exploration, metallurgical testing on the company's mineral properties, and general corporate purposes [5]. - The gross proceeds from the sale of flow-through shares will be used to incur Canadian exploration expenses qualifying as flow-through mining expenditures, to be incurred by December 31, 2026, and renounced to initial purchasers by December 31, 2025 [5]. Additional Information - The company may pay finders' fees in cash and warrants with terms similar to the unit warrants, and all shares issued will be subject to a four-month hold from the closing date [6]. - VanadiumCorp announced the resignation of Gilles Dupuis as Chief Operating Officer and Director, acknowledging his contributions to the company [7]. - The company remains focused on advancing its critical mineral projects, with a strong investment case for North American vanadium production [8]. Company Overview - VanadiumCorp Resource Inc. is a Canadian critical mineral exploration company concentrating on developing vanadium-rich assets in Quebec, particularly the Lac Doré Vanadium Project, which offers high-purity vanadium suitable for energy storage applications [9]. - The company has established an electrolyte pilot plant in Val-des-Sources, Québec, aimed at testing extracted vanadium materials and initiating future commercial production of vanadium electrolyte for vanadium redox flow batteries (VRFBs) [9].
Critical Infrastructure Technologies Provides Nexus Production Update
Thenewswire· 2025-11-04 14:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) is advancing its Nexus platform series, with multiple units entering final assembly and deployment phases in key international markets [1][2][3] - The company expects strong commercial interest, anticipating sales of up to CAD$4.5 million following demonstrations in Europe, North America, and Australia [2][3] Production Timeline - Nexus 1 and 2 are scheduled to arrive at CiTech's production facility in mid-December 2025 [5] - Nexus 3 is expected to arrive in mid-February 2026 [5] - Nexus 4 will be delivered to Babcock International's facility in Poland by mid-March 2026 [5] - Nexus 5 is set to be delivered to Virginia Beach, USA by the end of March 2026 [5] Market Demand and Scalability - The production progress of the Nexus program indicates the scalability of the platform and the global demand for rapidly deployable infrastructure solutions [3] - The company is entering a pivotal phase in demonstrating the versatility and capability of the Nexus system [3] Target Sectors - CiTech is focusing on sectors such as mining, defense, border security/surveillance, and emergency services with its Nexus product releases [15] - The Nexus 16 and recently released Nexus 20/24 aim to provide critical mobile telecommunications along with integrated C-UAS, ISR, and radio capabilities [15][17] Technology Features - The self-deploying platform (SDP) addresses limitations of current communication solutions, including tower strength and rapid deployment capabilities [15][17] - The SDP supports various radio equipment, including LTE, and includes technological payloads for surveillance and anti-drone systems [17]
Hybrid Power Solutions Announces Distribution Agreement with Dragonfly Energy Holdings Corp.
Thenewswire· 2025-11-04 13:35
Core Insights - Hybrid Power Solutions Inc. has entered a distribution agreement with Dragonfly Energy Holdings Corp. to expand the reach of its advanced battery energy storage systems [1][2] - The partnership aims to leverage Dragonfly Energy's established distribution channels to accelerate the adoption of Hybrid's portable power systems in key markets such as mobile services, recreational vehicles, and off-grid applications [2][3] - Both companies share a vision for advancing clean energy solutions, with Hybrid focusing on eco-friendly power systems and Dragonfly Energy specializing in lithium battery technology [3][4] Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Securities Exchange, specializing in portable power systems that eliminate fossil fuel dependency in off-grid applications [6] - Dragonfly Energy Holdings Corp. is a leader in lithium battery technology, known for its Battle Born Batteries® brand and its patented dry electrode manufacturing process, which supports a wide range of applications [4][5]
Panther Minerals Closes Fully Subscribed $2.3 Million LIFE Offering and Concurrent Private Placement
Thenewswire· 2025-11-04 13:30
Core Viewpoint - Panther Minerals Inc. successfully closed a non-brokered financing offering and a concurrent private placement, raising total gross proceeds of $2,300,320 [1][2]. Financing Details - The LIFE Offering raised $100,320 by issuing 627,000 units, while the Private Placement raised $2,200,000 by issuing 13,750,000 units [2]. - Each unit under the LIFE Offering consists of one common share and one common share purchase warrant, with warrants priced at $0.21 per share, exercisable for 24 months starting 60 days after issuance [3]. - Each unit under the Private Placement also consists of one common share and one common share purchase warrant, with warrants priced at $0.25 per share, exercisable for 24 months [4]. Use of Proceeds - The net proceeds from the financing will be used for general working capital, corporate purposes, advancing mineral projects, and repaying outstanding obligations [5]. Finder's Fees and Broker Warrants - The Company paid cash finder's fees totaling $147,002.40 and issued 1,000,000 common shares as consideration for services related to the financing [6]. - Additionally, broker warrants were issued, with 43,890 related to the LIFE Offering and 881,125 related to the Private Placement, having the same terms as the respective offering warrants [6]. Company Overview - Panther Minerals Inc. is focused on the acquisition and exploration of mineral properties, particularly precious and base metals, with an emphasis on drill-ready projects with high upside potential [7].
Teuton Reports Final Hole Drilled in 2025 at Treaty Creek
Thenewswire· 2025-11-04 13:25
Core Insights - Teuton Resources Corp. reports successful results from the 2025 drill program at the Goldstorm deposit, confirming high-grade mineralization continuity and expanding known zones [1][4][5] Exploration Results - The final drill hole GS-25-191-W1 intersected a northeastward extension of the 300 Horizon Zone, linking mineralized intercepts between the 300H and 300N zones [2][3] - Significant mineralized intercepts include: - 4.12 g/t gold, 16.48 g/t silver, and 0.01% copper over 8.90m in GS-25-191 [3] - 1.63 g/t gold, 4.89 g/t silver, and 0.02% copper over 10.70m, stepping out 52m to the south [3] - 1.88 g/t gold, 1.71 g/t silver, and 0.01% copper over 5.90m, providing continuity between mineralized domains [3][7] 2025 Exploration Program Overview - The program targeted gaps between the 300N and 300H Zones and aimed to identify additional high-grade SC-1 Zone-like structures [4] - Drilling confirmed and expanded several high-grade corridors within and surrounding the 300N and 300H Zones [5] Future Plans - An updated Mineral Resource estimate for Treaty Creek is underway, incorporating approximately 15,000 meters of drill data from 2024 and 2025 [11] - The updated estimate will utilize a smaller block model for better resolution of high-grade gold mineralization, targeted for completion in Q4 2025 [11] - Plans for underground ramp development to access the high-grade SC-1 Zone are contingent on permit approvals, with excavation expected to commence in Q3 2026 [12] Additional Exploration Opportunities - Tudor Gold is assessing opportunities to increase gold Mineral Resources at Treaty Creek in 2026, particularly following up on drill hole PS-23-10 at the Perfectstorm Zone [13]
Adamera Expands Tungsten Potential beyond the Talisman Mine
Thenewswire· 2025-11-04 12:30
Core Insights - Adamera Minerals Corp. has announced a significant new occurrence of tungsten mineralization at its Talisman Property in Washington State, with rock samples showing tungsten values ranging from 100 ppm to 2,600 ppm W [1][3] - The company plans to conduct detailed 3-D modeling to refine exploration targets in preparation for a potential drill program [2][6] Exploration and Findings - Surface sampling is in early stages, and the continuity of tungsten-bearing zones requires systematic evaluation [2] - A strong dipolar magnetic signature over the Talisman Mine indicates potential skarn-style mineralization, extending hundreds of meters beyond historic workings [5] - The newly discovered tungsten samples significantly exceed background levels, which are typically below 5 ppm, highlighting the potential for a larger tungsten-bearing system [3] Historical Context - The Talisman Mine has a history of producing high-grade ore containing copper, lead, zinc, tungsten, silver, and minor gold, with significant tungsten extraction noted during and after WW1 [9][13] - Previous exploration efforts focused on high-grade copper and silver, but the renewed emphasis on tungsten adds value to the project [4] Future Plans - The company is preparing a detailed geological model integrating geochemical, magnetic, and structural data to assess the continuity between the mine and new tungsten-bearing zones [6] - Follow-up prospecting and sampling are warranted for the copper-silver target, which may be related to the tungsten deposit [14]
First Tellurium Reports Exercise of all Warrants from October 2023 Financing
Thenewswire· 2025-11-04 12:30
Core Insights - First Tellurium Corp. has successfully exercised all warrants from its October 2023 Private Placement financing, totaling 1,890,000 warrants at a price of $0.15 per share, generating CDN$283,500 [1] - The company has seen over 1.5 million options exercised since mid-September, indicating strong shareholder confidence [1] - There is significant interest in the thermoelectric technology developed by the subsidiary PyroDelta Energy, suggesting potential for growth in the coming months and years [2] Company Overview - First Tellurium's business model focuses on generating revenue through mineral discovery, project development, and the development of tellurium-based technologies [3] - The company is listed on the Canadian Securities Exchange under the symbol "FTEL" and on the OTC under "FSTTF" [3] Technological Developments - PyroDelta Energy is actively engaging with various industries that recognize the potential for energy savings and operational efficiency through its technology [2] - The company is on the verge of major breakthroughs as its devices are being reviewed and tested by potential clients [2]
Opawica Identifies 10,000m of 25 High Priority Drill Targets on its Arrowhead Property in the Abitibi Gold Belt
Thenewswire· 2025-11-04 12:30
Core Insights - Opawica Explorations Inc. has made significant advancements in its exploration strategy at the Arrowhead Property, located in the Abitibi Gold Belt, a leading gold-producing region [1] - The company has partnered with ALS GoldSpot Discoveries Ltd. to utilize AI technology for identifying 20 high-priority drill-ready zones, enhancing precision in mineral targeting [2] - The initial drill program has successfully encountered gold in every hole, indicating strong potential for the Arrowhead Property [3] Exploration Strategy - The upcoming drill program includes: - Western Zone: 15 drill targets totaling 4,500 meters, focusing on high-grade continuity with 100–300 meter spacing [5] - Eastern Zone: 3 drill holes (2,000 meters) testing a Z-shaped fold hinge zone linked to IP anomalies [5] - Seismic-Based Targets: 2 deep holes (1,000 meters each) based on a 2021 seismic survey [5] - Historic Follow-Up: 4 drill holes (1,500 meters) targeting high-grade historic values near hole 95-04, spaced 50–75 meters [5] - The Arrowhead Property is strategically located adjacent to producing mines, such as Agnico Eagle's LaRonde Complex, which adds to its potential [5] Technological Integration - The collaboration with GoldSpot Discoveries leverages AI and data science to transform the mineral exploration process, integrating extensive geological data for improved targeting [4] - The use of GoldSpot's "Smart Targeting" technology represents a significant innovation in the exploration strategy, promising enhanced accuracy in identifying mineral deposits [2]
Viva Gold to Present at the Precious Metals Summit in Zurich
Thenewswire· 2025-11-04 12:00
Company Overview - Viva Gold Corp. is participating in the 2025 Precious Metals Summit Zurich on November 10-11, 2025, to present its growth plans and updates to investors [1][3] - The company is advancing its 100% owned Tonopah Gold Project located in Nevada, which is recognized as a prime mining jurisdiction with a streamlined permitting process [3][5] - Viva Gold has a strong management team led by CEO Jim Hesketh, who has 40 years of experience in the mining industry and has previously led the development of eight other mines [4][5] Industry Context - The Precious Metals Summit Zurich is a premier investment conference focused on gold, silver, and platinum group metals, attracting institutional investors and corporate executives from senior precious metals companies [2] - The event features over 100 carefully selected issuers from the mining and mineral exploration sectors, providing a platform for networking and investment opportunities [2] Project Details - The Tonopah Gold Project is situated in a historically significant gold mining area, approximately 30 minutes from the Round Mountain mine owned by Kinross Gold [3] - The project has developed a high confidence level gold Mineral Resource and demonstrates potential for an economically viable open pit, heap leach/mill gold project through a rigorous Preliminary Economic Assessment (PEA) study [3]