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Germanium Mining Corp. Begins Remote Sensing Work on its Lac Du Km 35 Property In Chibougamau Area, Quebec
Thenewswire· 2026-01-12 08:05
Core Viewpoint - Germanium Mining Corp. has initiated remote sensing work on its Lac Du Km 35 Property in Quebec, aiming to explore potential germanium mineralization [1][5]. Group 1: Property Overview - The Lac Du Km 35 Property features the Faribault Shear Zone (FSZ), a significant structural element that may connect with other permeable zones at depth, serving as a conduit for hydrothermal fluids [2]. - The Laganière germanium showing, discovered in 1998, returned a historical value of 0.02% (186 ppm) germanium, but these results are not currently verified as mineral resources [3][10]. - The Laganière showing is strategically located near electromagnetic anomalies and the FSZ, which will be the primary focus of exploration efforts [4]. Group 2: Remote Sensing Work - The remote sensing study is expected to be completed by the end of February 2026, focusing on identifying potential faults and shear zones related to germanium mineralization [5]. - The study will utilize satellite imagery from the European Space Agency (ESA) with a resolution of 30 cm, acquired in September 2023, to identify relevant structural features [6]. - The interpreted structural features will be integrated into a GIS system, generating maps at a scale of 1:5,000 for targeted field follow-up in the summer of 2026 [7]. Group 3: Industry Context - Germanium is recognized for its growing applications in electronics, solar technology, fiber optics, and military uses, and is classified as a critical metal in Canada, the U.S., and the EU [8]. - Following a ban on germanium exports to the U.S. by China, the largest producer, recent spot prices for germanium have exceeded US$5,000 per kilogram [9].
Wedgemount Director Resignation
Thenewswire· 2026-01-10 01:50
Group 1 - Wedgemount Resources Corp. announces the resignation of Mr. Simon Clarke as an independent director, effective immediately, and expresses gratitude for his contributions [1] - The company is focused on maximizing shareholder value through the acquisition, development, and exploitation of oil and gas projects in Texas, USA [2] - Mark Vanry serves as the President and CEO of Wedgemount Resources Corp. [3]
Shine Minerals Upsizes Financing to $1.5 Million
Thenewswire· 2026-01-10 00:40
Core Viewpoint - Shine Minerals Corp. is increasing its non-brokered private placement to $1.5 million due to significant investor demand, which is part of its strategy to reactivate from the NEX board to a Tier 2 Mining Issuer [1][2]. Proposed Transaction Structure - The Company has acquired the right to purchase all 11,100,000 issued and outstanding shares of Red Cloud Silver (RCS) by issuing 6,500,000 post-Consolidation common shares to RCS shareholders on a pro rata basis [3]. - After completing $2,000,000 in exploration expenditures on the Silver District Exploration Project, the Company may exercise its option to acquire 100% of RCS shares by issuing an additional 14,200,000 post-Consolidation shares and paying $650,000 in cash to RCS shareholders [4]. RCS Option Agreement - RCS holds an option to acquire a 100% interest in the Silver District Exploration Project from Gulf + Western Industries, Inc. by making staged cash and share payments totaling US$1.4 million by October 31, 2028 [5]. - Gulf will retain a 2% net smelter return royalty if the RCS Option is exercised, and RCS is responsible for maintaining the property and making all required payments [5]. Share Consolidation and Financing - Prior to closing the Proposed Transaction, the Company will complete a 5-for-1 share consolidation and a non-brokered private placement for gross proceeds of approximately C$1,500,000 at C$0.06 per pre-Consolidation share [6]. - Proceeds from the financing will be used for transaction costs, reactivation expenses, initial exploration on the Project, and general working capital [6]. Regulatory Approval - The completion of the Proposed Transaction is subject to TSXV acceptance and satisfaction of all conditions in the Definitive Agreement [7]. - The Company has applied to the TSXV for reactivation of trading of its shares, which will not resume until all required filings are completed and approval is obtained [8].
Goat Industries Highlights Portfolio Momentum As Wholly-Owned Betsource Forms Relationship To Enhance The BKFC App Experience
Thenewswire· 2026-01-09 23:50
Core Viewpoint - GOAT Industries Ltd. announces a partnership between its subsidiary BETSource and Bare Knuckle Fighting Championship (BKFC) to enhance BKFC's mobile app ecosystem through BETSource's fan engagement and sportsbook capabilities [1][2]. Group 1: Partnership Details - BETSource will be reimbursed for all operating costs related to its services and will receive a share of revenues from the BKFC App, which will increase with new user acquisition [2]. - The agreement does not include exclusivity provisions or minimum performance commitments [2]. Group 2: BKFC Growth Metrics - BKFC has expanded its global presence significantly, doubling live event attendance and reaching over 250 million fans on social media, with growth into more than 60 countries [3]. - BKFC has formed major media partnerships, including a new collaboration with the YES Network, enhancing its distribution and visibility [3]. Group 3: Strategic Objectives - The partnership aims to enhance the BKFC App experience, focusing on increasing in-app interaction, user retention, and supporting BKFC's monetization goals [4]. - BETSource's capabilities are expected to deliver measurable outcomes that align with BKFC's broader engagement objectives [4]. Group 4: Company Initiatives - GOAT Industries has engaged 1502655 B.C. Ltd. for investor relations services to improve its presence in capital markets and enhance investor awareness [5][6]. - The investor relations agreement includes a payment of up to $400,000 for services over a six-month term [6]. Group 5: Company Overview - BETSource is a sports media and technology platform that integrates sports content with retail media and wagering technology to create monetization opportunities [8]. - GOAT Industries focuses on investing in high-potential companies across various sectors to maximize returns [9].
Germanium Mining Corp. Begins Remote Sensing Work On Its Lac Du Km 35 Property In Chibougamau Area, Quebec
Thenewswire· 2026-01-09 23:30
Core Viewpoint - Germanium Mining Corp. has initiated remote sensing work on its Lac Du Km 35 Property in Quebec, aiming to explore potential germanium mineralization [1][5]. Group 1: Property Overview - The Lac Du Km 35 Property features the Faribault Shear Zone (FSZ), a significant structural element that may connect with other permeable zones at depth, facilitating hydrothermal fluid movement [2]. - The Laganière germanium showing, discovered in 1998, returned a historical value of 0.02% (186 ppm) germanium, but these results are not currently verified as mineral resources [3][9]. - The Laganière showing is strategically located near electromagnetic anomalies and the FSZ, which will be the primary focus of exploration efforts [4]. Group 2: Remote Sensing Work - The remote sensing study is expected to conclude by the end of February 2026, focusing on identifying potential faults and shear zones related to germanium mineralization [5]. - The study will utilize satellite imagery from the European Space Agency (ESA) with a resolution of 30 cm, acquired in September 2023, to identify relevant structural features [6]. - The data will be processed into a GIS system, generating maps at a scale of 1:5,000 to guide future field sampling programs planned for summer 2026 [7]. Group 3: Industry Context - Germanium is recognized for its growing applications in electronics, solar energy, fiber optics, and military uses, and is classified as a critical metal in Canada, the U.S., and the EU [8]. - Following China's export ban on germanium to the U.S. since December 2024, the market has seen spot prices exceeding US$5,000 per kilogram [9].
Vault Announces US Symbol Change And AGM Results
Thenewswire· 2026-01-09 22:05
Core Viewpoint - Vault Strategic Mining Corp. is changing its OTC ticker symbol from "DDIAF" to "KNXFF" to better align with its corporate identity and TSX Venture Exchange ticker "KNOX" [2][3] Group 1: Ticker Change - The new OTC ticker symbol "KNXFF" will be effective from January 12, 2026 [1] - Existing shareholders do not need to take any action regarding the ticker change [3] Group 2: AGM Results - Shareholders approved a new omnibus incentive plan at the annual general meeting on December 30, 2025 [4] - Other approved matters include setting the board at four members and re-election of directors R. Nick Horsley, Quinn Patrick Field-Dyte, Andreas Schleich, and Daryn Gordon [4] - Adam Sung Kim Ltd. was appointed as the auditor [4] Group 3: Omnibus Incentive Plan - The Omnibus Plan offers more flexibility compared to the previous stock option and restricted share unit plans [5] - It allows for a maximum issuance of shares not exceeding 10% of the company's issued and outstanding common shares at the time of grant [5] - The plan is subject to final acceptance by the TSX Venture Exchange and requires annual re-approval by shareholders [5][6] Group 4: Company Overview - Vault Strategic Mining Corp. focuses on acquiring and advancing strategic and critical mineral projects in top-tier mining jurisdictions [7] - The company emphasizes historical and underexplored assets with potential for value creation through modern exploration and disciplined development [7]
Critical Reagent Announces Non-Brokered Private Placement
Thenewswire· 2026-01-09 22:00
Group 1 - Critical Reagent Processing Corp. (CRPC) announces a non-brokered private placement of up to 3,500,000 common shares at a price of $0.0675 per share, aiming for gross proceeds of up to $236,250 [1][2] - The private placement is subject to approval from the Canadian Securities Exchange, and the securities will have a statutory hold period of four months from the closing date [2] - The net proceeds from the private placement will be utilized for general working capital [2] Group 2 - CRPC has completed its purchase option agreement to acquire up to a 100% interest in the Mina Laguna Santa Maria project, which includes two mining concessions for the production of sodium carbonate (soda ash) [3] - The project consists of 500 hectares with a natural deposit of sodium carbonate, which is essential for lithium carbonate production [3] - The U.S. Geological Survey reported that in 2022, 165,000 tonnes of soda ash were exported from the U.S. to Argentina, valued at $48 million, indicating a significant market for soda ash in Argentina [3] - CRPC believes that the Laguna Santa Maria Project has a competitive advantage over soda ash imports due to its location within Argentina and proximity to significant lithium carbonate production [3] - Management is currently evaluating the property and market for soda ash in Argentina, with results of a bulk sample chemical evaluation expected soon [3]
Providence Gold Mines Inc. La Dama de Oro Gold & Financing Update
Thenewswire· 2026-01-09 21:05
Core Viewpoint - Providence Gold Mines Inc. is making progress on its La Dama de Oro property, including road repairs and a private placement to fund further exploration activities [1][2]. Group 1: Property Developments - Significant road work has been completed to repair access to the La Dama de Oro property, which was damaged during recent flooding in southern California [1]. - The company plans to proceed with work related to a permitted 1,000-ton bulk sample to assess mineralization potential at the La Dama de Oro project [2]. Group 2: Financing Activities - The company has announced an increase in its Private Placement to $150,000, subject to regulatory approval, with a 30-day extension [2]. - The Private Placement will consist of up to 3,000,000 units priced at $0.05 per unit, aiming for gross proceeds of up to $150,000 [3][6]. - Proceeds from the private placement will be allocated for general administration and sampling activities [2].
North Atlantic Titanium Announces Upsize Of Private Placement Financing
Thenewswire· 2026-01-09 21:05
Core Viewpoint - North Atlantic Titanium Corp. has announced an upsized non-brokered offering due to strong investor demand, aiming for gross proceeds of up to $1,250,000 to fund various initiatives related to its Everett titanium property in Quebec [1][3]. Group 1: Offering Details - The offering consists of up to $750,000 in units priced at $0.06 per unit, each unit comprising one common share and one warrant [1]. - Additionally, the offering includes up to $500,000 in flow-through units priced at $0.08 per unit, each flow-through unit also comprising one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for up to 24 months following the offering's closing [2]. Group 2: Use of Proceeds - Net proceeds from the sale of units will be allocated for the initial option payment for the Everett property, working capital, and general corporate purposes [3]. - Gross proceeds from the sale of flow-through units will be dedicated to surface exploration, metallurgical testing, and verification of historical exploration work at the Everett property [3]. - The entire gross proceeds from flow-through units will be used for Canadian Exploration Expenses, which must be incurred by December 31, 2026, and renounced by December 31, 2025 [4]. Group 3: Closing and Regulatory Approval - The final tranche of the offering is expected to close on January 16, 2026, subject to necessary regulatory approvals, including from the Canadian Securities Exchange [5].
Vanguard Mining Completes Drill Program With Assays Now Pending at Redonda Copper-Molybdenum Project, British Columbia
Thenewswire· 2026-01-09 21:05
Core Viewpoint - Vanguard Mining Corp. has successfully completed its Q4 drill program at the Redonda Copper-Molybdenum Project, reaching a total depth of 511 meters, and is now awaiting assay results to evaluate mineralization potential [1][9]. Exploration Program - The 2023 exploration program involved drilling five holes totaling 799.81 meters, with historical drilling by Teck Resources Ltd. in 1979 totaling 1,681 meters [4][5]. - The 2025 drill program was designed to test targets beyond historical drilling limits and improve geological understanding [9]. Drilling Details - The drilling was executed by Paradigm Drilling Ltd. using a Boyles T-75 hydraulic drill capable of exceeding 600 meters in depth [2]. - Significant intervals from the 2023 program include: - Hole Red-23-04: 72.0 meters at 0.235% Cu and 0.0228% Mo [5]. - Hole Red-23-03: 77.3 meters at 0.323% Cu and 0.0197% Mo [5]. - Hole Red-23-05: 142.6 meters at 0.279% Cu and 0.0281% Mo [10]. Historical Context - Historical drilling results from 1979 indicated copper-molybdenum mineralization, with notable grades such as 0.42% Cu over 24.1 meters [7]. - The geological setting of the Redonda Project shares characteristics with nearby porphyry systems, enhancing its exploration potential [16]. Community Engagement - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor and service providers, and adhering to cultural and environmental protocols [11]. Geological Insights - The project is located within the Coast Suture Zone, with geological features including dioritic intrusions and hornblende-rich dikes, which are associated with copper-molybdenum mineralization [16]. Future Plans - The company plans to use the results from the current drilling program, along with historical data, to guide future exploration efforts [9].