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Windfall Geotek Announces Private Placement
Thenewswire· 2025-10-22 19:45
Core Points - Windfall Geotek is conducting a non-brokered private placement of up to 25,000,000 units at a price of $0.02 per unit, aiming for maximum gross proceeds of $500,000 [1] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of a common share at an exercise price of $0.05 for two years [1] - The net proceeds will be allocated for working capital and bona fide debt settlement, excluding payments for accrued salaries to officers or directors [2] Company Overview - Windfall Geotek has been utilizing Artificial Intelligence (AI) in the mining sector since 2005, focusing on digital exploration [3] - The company has a multidisciplinary team that includes professionals in geophysics, geology, AI, and mathematics, making it a pioneer in AI-driven mineral exploration [3] - Windfall Geotek aims to validate AI-generated targets and enhance shareholder value while expanding applications into areas such as landmine detection [3]
Scisparc Ltd. - Early Warning Regarding Acquisition Of Common Shares Of Neurothera Labs Inc.
Thenewswire· 2025-10-22 19:30
Core Points - SciSparc Ltd. has completed a reverse takeover of NeuroThera Labs Inc., acquiring significant shares and rights in the process [2][4] - The transaction involved the acquisition of 63,300,000 common shares, 4,000,000 common share purchase warrants, and 48,000,000 contingent rights [2][4] - Following the transaction, SciSparc holds approximately 75% of the issued shares on a non-diluted basis and 84.53% on a partially diluted basis [4] Summary by Sections Acquisition Details - SciSparc acquired 63,300,000 common shares, 4,000,000 payment warrants, and 48,000,000 contingent rights of NeuroThera Labs Inc. as part of a qualifying transaction [2][4] - The payment warrants allow SciSparc to purchase additional common shares at $0.25 each until October 22, 2030 [3] Ownership Structure - Prior to the transaction, SciSparc did not hold any shares in NeuroThera Labs Inc. [4] - The deemed value of the acquired common shares is $0.25 per share [4] Future Intentions - SciSparc's holdings in NeuroThera Labs Inc. are for investment purposes, with no current plans to acquire or dispose of additional securities [5]
Arizona Gold & Silver Enters Into Investor Relations Agreement
Thenewswire· 2025-10-22 15:30
Core Points - Arizona Gold & Silver Inc. has entered into an investor relations contract with Rose Athena Allan-McCachen effective October 1, 2025, to provide various corporate services [1] - The agreement includes the issuance of 50,000 stock options to the Consultant after a probationary period, with a five-year term and specific vesting schedule [2] - The Consultant will receive an annual cash fee of $60,000, payable in monthly installments, funded from the company's general working capital [2] - The Consultant has no current interest in the company or its securities and will comply with applicable securities laws [3] - Arizona Gold & Silver Inc. focuses on exploring precious metal resources in Arizona and Nevada, with a commitment to sustainable practices [4] Company Overview - Arizona Gold & Silver Inc. is a leading exploration company targeting precious metals, particularly at its flagship Philadelphia gold-silver property [4] - The company is currently drilling to assess an epithermal gold-silver system ahead of an initial resource calculation [4]
Nevis Brands Reports Q3 2025 Results: Quarterly Revenue Growth of 16% Amid Expanding Markets
Thenewswire· 2025-10-22 13:20
Core Insights - Nevis Brands Inc. reported strong revenue growth in Q3 2025, achieving a 16% increase compared to Q2, marking the third consecutive quarter of growth [2][3] - The company is focusing on expanding its hemp-derived THC product line, particularly the Happy Apple™ beverage, which is showing promising early performance [3][7] Financial Highlights - Revenue for Q3 2025 reached $478,808, up from $418,745 in Q2 [6] - Gross profit was $302,156, slightly down from $315,345 in Q2, with gross profit margins at 63% [6] - The net income improved to -$22,639 from -$92,458 in Q2, and when excluding non-cash depreciation expenses, the net income was $40,298 [6] Operational Highlights - Nevis experienced revenue growth from new market entries in New Jersey and Missouri, with flagship brands Major™ and Happy Apple™ gaining traction [4][5] - The company is expanding its distribution network for hemp-derived THC beverages, particularly in Wisconsin and continuing sales in North Carolina and South Carolina [5] - The licensing model remains efficient, with strong performance in primary licensed markets such as Washington, Missouri, New Jersey, and Colorado [5] Market Expansion - Nevis is poised for wider national distribution through additional distributor agreements, with new partnerships expected to close in the coming months [7] - The company anticipates continued revenue momentum into fiscal 2026, focusing on scaling hemp-derived offerings while maintaining disciplined cost management [7]
Providence Gold Mines Inc. Receives Regulatory Approvals for Fundamental Transaction & The La Dama de Oro Gold Property NI 43-101 Report
Thenewswire· 2025-10-22 13:00
VANCOUVER – October 22, 2025 – TheNewswire - Providence Gold Mines Inc. (“Providence” or the “Company”) is very pleased to announce that the Company has received TSXV Regulatory conditional approval for its Fundamental La Dama de Oro Reviewable Transaction, the La Dama de Oro NI 43 101 report can be reviewed on SEDAR. The consideration payable by the Company to the Optionor “Mohave Gold Mining and Exploration Inc”. a privately held company under the laws of Nevada duly operating in the State of California ...
Cariboo Rose Resources Commences Drilling at Lightning Strike Gold-Silver Project
Thenewswire· 2025-10-22 13:00
Core Insights - Cariboo Rose Resources Ltd. has commenced diamond drilling at its 100%-owned Lightning Strike Gold-Silver Property in British Columbia, located approximately 65 kilometers northeast of 100 Mile House [1] Group 1: Project Overview - The Lightning Strike Property is characterized by gold and gold-silver mineralization within Upper Triassic black phyllites, with significant historical drill intercepts reported [2] - The project now encompasses a total area of 4,193 hectares following the acquisition of additional claims in January 2025 [5] Group 2: Mineralization Details - Recent drilling has returned silver values up to 72.8 g/t, while previous drilling by Spanish Mountain Gold reported values as high as 705.0 g/t silver, indicating the potential for high-grade gold mineralization [3] - Shale-hosted gold deposits, such as those at Lightning Strike, are considered attractive models for large-scale gold systems globally, with notable examples including the Muruntau and Sukhoi Log deposits in Russia [4] Group 3: Drill Results - Recent drill results include: - 0.77 g/t gold over 54.0 meters - 3.42 g/t gold and 228.1 g/t silver over 5.0 meters - 2.88 g/t gold over 24.0 meters - 8.84 g/t gold over 7.5 meters [7]
Cameo Acquires a 100% Interest in the Kempton Gold Project In Tanzania
Thenewswire· 2025-10-22 12:30
October 22, 2025 - TheNewswire - SURREY, British Columbia – Cameo Resources Inc. (CSE: MEO) (“Cameo” or the “Company”) is pleased to announce that it has closed its previously announced (October 10, 2025) arms-length Securities Exchange Agreement dated September 29, 2025 with 1315418 B.C. Ltd. (“Privco”), a British Columbia Incorporated company to acquire a 100% right, title, and interest in the Kempton Gold Project (the “Property”), located in the Geita region of Tanzania (the “Acquisition”)’Cameo will i ...
Herbal Dispatch Drives Sustained Growth and Retail Support Amid BCGEU Strike, Boosting Shareholder Value
Thenewswire· 2025-10-22 12:30
Vancouver, BC – October 22, 2025 – TheNewswire - Herbal Dispatch Inc. (CSE: HERB) ("Herbal Dispatch" or the "Company"), a premier cannabis e-commerce and distribution platform, today announced a market update highlighting the positive impact of the ongoing BC General Employees' Union (the “BCGEU”) strike on its direct delivery operations. The strike, which began on September 22, 2025, has disrupted central distribution operations at the BC Liquor Distribution Branch (the “LDB”), halting wholesale shipments ...
CHARBONE Announces the Reception of the Main Components at the Sorel-Tracy Site and the Launch of Civil Works
Thenewswire· 2025-10-22 11:25
Core Insights - CHARBONE CORPORATION has successfully received all major components of its production equipment at the Sorel-Tracy site, marking a significant milestone in its project to produce clean Ultra High Purity (UHP) hydrogen [1][2][4] - The mobilization of site teams is set to continue, with civil works officially launching on October 27, 2025, leading to the reinstallation and commissioning of equipment scheduled for November 2025 [2][5] - The CEO of CHARBONE expressed pride in the team's work, emphasizing the importance of this delivery for local clean hydrogen production and the company's modular project approach [4][5] Company Developments - The recent delivery of equipment is part of a strategic transaction announced on October 7, 2025, which allowed CHARBONE to secure hydrogen production assets, reducing capital costs and accelerating time to market [5] - CHARBONE is focused on building a distributed network of green hydrogen production plants while diversifying its revenue through helium and specialty gas partnerships, positioning itself as a leader in the low-carbon transition [6]
Northern Lights Announces Change of CFO and Appointment of Additional Director
Thenewswire· 2025-10-22 11:00
Core Insights - Northern Lights Resources Corp. has appointed Mr. Leon Ho as Chief Financial Officer, effective October 21, 2025, succeeding Mr. Albert (Rick) Timcke, who will focus on his role as Executive Chairman, President, and Director [1][4] - The company has also welcomed Mr. Steven McMullan to its Board of Directors, bringing over 40 years of international experience in mineral exploration and discovery [3][4] Group 1: Leadership Changes - Mr. Leon Ho is a Chartered Professional Accountant with extensive experience in the mining exploration sector and is a principal at Cross Davis & Company LLP [2] - Mr. Albert (Rick) Timcke has stepped down from the CFO role but will continue to provide leadership at the board level [1][4] Group 2: Board Enhancements - Mr. Steven McMullan's appointment adds significant technical expertise to the Board, as he has been involved in major mineral discoveries and currently serves as Chief Technical Advisor of Karus Mining Inc. [3][4] - The company aims to leverage Mr. McMullan's geophysics expertise to advance its exploration and development strategy [4] Group 3: Company Overview - Northern Lights Resources is focused on two key projects: the Horetzky Copper Project in British Columbia and the Secret Pass Gold Project in Arizona, along with a 1% NSR royalty on the Medicine Springs Silver Project in Nevada [5]