Thenewswire
Search documents
Headwater Gold Commences Drilling at TJ Project, Nevada
Thenewswire· 2025-10-22 10:30
Vancouver, British Columbia - TheNewswire - October 22, 2025: Headwater Gold Inc. (CSE: HWG) (OTCQB: HWAUF) (the "Company" or "Headwater") is pleased to announce the commencement of drilling on the TJ project, located in northeastern Nevada. The program is expected to total approximately 1,500 metres of core drilling, fully funded through an earn-in agreement with OceanaGold Corporation (TSX: OGC, OTCQX: OCANF) (“OceanaGold”) announced on October 15, 2025.Highlights: Approximately 1,500 metres of core dri ...
Cleango Innovations Inc Enters Global Remediation Market with Agritech BC Joint Venture LOI
Thenewswire· 2025-10-22 10:00
Core Insights - CleanGo Innovations Inc. and Agritech BC have signed a Non-Binding Letter of Intent for a proposed 50/50 joint venture to develop and commercialize bioremediation technologies [1][2] - The joint venture aims to leverage Agritech's scientific expertise and CleanGo's commercial infrastructure to meet the growing global demand for sustainable cleanup methods [2][4] - The global bioremediation market is projected to grow from USD 19.8 billion in 2025 to USD 59.5 billion by 2034, with a CAGR of 13.0% [3] Joint Venture Details - The joint venture will focus on three proprietary biotechnologies: MycoSet™ Delivery System, BioIngress™ Biostimulant System, and PhytoCentra™ Surfactant System [6][7] - CleanGo proposes to acquire a 49% ownership stake in Agritech, with both transactions subject to due diligence and board approvals [2][3] - A joint board of directors will be established, with both companies sharing facilities and resources for R&D and deployment [7] Market Strategy - CleanGo will lead international marketing efforts, targeting major markets in the U.S., Europe, Canada, South America, and the Middle East [4] - The partnership aims to position the joint venture as a leader in sustainable environmental restoration, addressing the need for ESG-compliant solutions [4][6] - The collaboration is expected to enhance the commercialization of Agritech's technologies, transitioning them from lab-tested success to global deployment [9]
Gamma Resources Announces Grant of Stock Options
Thenewswire· 2025-10-21 23:00
Core Viewpoint - Gamma Resources Ltd. has approved the grant of stock options to directors, officers, and consultants, reflecting the company's strategic positioning in the uranium market amid favorable policy changes and supply-demand dynamics [1][2]. Company Summary - Gamma Resources Ltd. is focused on uranium exploration and development in the U.S., with key projects including the Green River Project in Utah (1,100 acres) and the Mesa Arc Project in New Mexico (4,520 acres) [3]. - The company aims to leverage the supportive policy environment and market conditions to supply responsibly sourced uranium [3]. Industry Context - The U.S. government has designated uranium as a critical mineral, enabling expedited permitting and prioritization of uranium mining and related activities [5]. - A significant supply-demand imbalance in the uranium market has led to rising prices, with spot uranium prices increasing from approximately $63/lb in early 2025 to over $80/lb by October 2025 [5]. - Nuclear energy is increasingly recognized as a reliable, carbon-free energy source, prompting Western governments to invest in nuclear deployment and domestic fuel chains [5].
Ares Strategic Mining Closes Second Tranche of LIFE Offering
Thenewswire· 2025-10-21 21:30
Core Viewpoint - Ares Strategic Mining Inc. has successfully closed the second tranche of its unit offering, raising a total of $5,499,850, bringing the aggregate amount raised under the LIFE Offering to approximately $10.5 million [1][2]. Group 1: Offering Details - The second tranche involved the issuance of 12,221,889 units at a price of $0.45 per unit [1]. - Each unit consists of one common share and one-half of a non-transferable common share purchase warrant, with each warrant exercisable at $0.55 for two years [3]. - The company amended its offering document to allow for the issuance of up to 12,222,220 units under the amended LIFE Offering [2]. Group 2: Finder's Fees - In connection with the closing of the second tranche, the company paid $267,965.98 in cash and issued 595,480 finder's warrants as finder's fees [4]. - Each finder's warrant allows the holder to acquire one common share at a price of $0.55 for two years, subject to a 4-month hold period [4]. Group 3: Hedging Arrangements - Concurrently with the second tranche closing, the company entered into hedging arrangements with Sorbie Bornholm LP, utilizing $1 million of the proceeds to acquire UK government bonds as credit support [6]. - The hedging transactions will be settled in 24 monthly tranches based on the volume-weighted average price of the common shares against a benchmark price of $0.63 [7]. - If the common share price meets or exceeds the benchmark, the company could receive more than $1 million over the settlement period [7]. Group 4: Correction of Previous Announcement - The company corrected a previous announcement regarding the exercise price of the first tranche finder's warrants, clarifying that the correct price is $0.55, not $0.45 [5].
Gold'n Futures Announces Upcoming Annual General and Special Meeting
Thenewswire· 2025-10-21 20:30
Core Points - Gold'n Futures Mineral Corp. will hold its annual general and special meeting of shareholders on November 18, 2025, at 11:00 a.m. PST in Vancouver, British Columbia [1] - The company seeks shareholder approval for a proposed share consolidation at a ratio of 100 pre-consolidation common shares for 1 post-consolidation common share [2] - Shareholders of record on September 19, 2025, will be entitled to vote at the AGSM [6] Share Consolidation Details - No fractional shares will be issued; any resulting fraction will be rounded to the nearest whole number [2] - The effective date of the consolidation will be announced if the board considers it in the best interests of the company [4] - The consolidation is subject to acceptance by the Canadian Securities Exchange, and the Board reserves the right to revoke the resolutions prior to implementation [5] Company Overview - Gold'n Futures Mineral Corp. is a mineral exploration company focused on expanding gold resources and developing viable gold mining operations using advanced technologies and geological expertise [7]
Hybrid Power Solutions Receives Order from Canadian Municipality for Batt Pack Energy Units
Thenewswire· 2025-10-21 20:25
Core Insights - Hybrid Power Solutions Inc. has received an order for three Batt Pack Energy units from a Canadian municipality, marking a significant step in its growth within the municipal and government sectors [1][2] - The company's clean energy technology is gaining trust as municipalities seek reliable, zero-emission alternatives to traditional gas and diesel generators [3] - The Batt Pack Energy is a compact, high-output power pack designed for industrial and commercial applications, offering the same power capabilities as traditional generators without noise, fumes, or fuel dependency [3][4] Company Developments - Hybrid Power Solutions has entered into a debt settlement agreement with Cascade Ventures Ltd. to settle outstanding trade payables totaling CDN$42,500 [5] - The company will issue 750,000 common shares at a deemed price of $0.05 per share and pay CDN$5,000 in cash as part of the debt settlement [6] - The debt settlement is subject to approval by the Canadian Securities Exchange and will not create a new control person or involve finder's fees [7] Product Features - The Batt Pack Energy offers 2.5kWh of energy capacity with over 3,500 cycles, 3,000W continuous output, and 6,000W peak surge [8] - It includes integrated solar, grid, or vehicle charging inputs for flexible recharging and weighs just 36kg, making it truly portable under tough conditions [8] - The company focuses on eliminating the need for fossil fuels in off-grid and remote applications, emphasizing environmental responsibility and technological innovation [9]
Element79 Gold Corp Secures Reclamation Bond Approval for Gold Mountain Exploration Project
Thenewswire· 2025-10-21 20:00
Core Insights - Element79 Gold Corp has received a reclamation bond approval of USD $19,871 for its Gold Mountain Exploration Project, marking a significant regulatory milestone for the company [1][2][3] Group 1: Regulatory Milestone - The Bureau of Land Management (BLM) Nevada State Office accepted the reclamation bond on October 14, 2025, and it was confirmed on October 20, 2025, ensuring compliance with financial assurance requirements for surface reclamation activities [1][2] - This approval allows Element79 to proceed with its phase one drill program at Gold Mountain, indicating readiness for expanded exploration and operational activities [3] Group 2: Company Strategy and Commitment - The CEO of Element79 expressed that the bond approval is a "green light for growth," emphasizing the company's commitment to responsible resource development and environmental responsibilities [3] - Element79 is focused on its Nevada portfolio, particularly the Gold Mountain and Elephant Projects, and is also advancing its high-grade Lucero Project in southern Peru, positioning the company for long-term exploration growth [4]
DeepMarkit Update on Proposed Acquisition of Prospect Prediction Markets
Thenewswire· 2025-10-21 19:50
Core Insights - DeepMarkit Corp. is progressing with the acquisition of Prospect Prediction Markets Inc. and a concurrent private placement of common shares [1][3] - Trading of DeepMarkit's common shares was halted on September 16, 2025, pending review of the acquisition by the TSX Venture Exchange, which has conditionally accepted the acquisition [2] - The company plans to issue a comprehensive news release with further details about the acquisition and Prospect in the future [3] Company Overview - DeepMarkit Corp. operates in technology sectors including blockchain, artificial intelligence, and tokenization, with a platform for minting carbon offsets into NFTs [3] - The company's shares are listed on multiple exchanges: TSX Venture Exchange (MKT), OTC market (MKTDF), and Frankfurt Stock Exchange (DEP) [3]
Angkor Resources Advances Drilling Plans On Block VIII Oil & Gas License, Cambodia
Thenewswire· 2025-10-21 14:40
Core Insights - Angkor Resources Corp. announces plans for exploratory oil and gas drilling on Block VIII in Cambodia, with a commitment to drill multiple exploratory wells in 2026 based on promising seismic data interpretations [1][3]. Company Developments - Angkor's subsidiary, EnerCam Resources Co. Cambodia Ltd., completed approximately 350-line kilometers of 2-D seismic across Block VIII, identifying at least three significant closed anticlines [2][3]. - The CEO expresses confidence in the interpretations of the seismic data, indicating that the structures identified are of significant quality and size, warranting further exploration [3]. - EnerCam is actively sourcing a suitable drilling rig and supporting equipment to conduct the first onshore wells in Cambodia [7]. Technical Findings - The seismic data indicates the presence of large anticlines with four-way closures of over 48 square kilometers and 60 square kilometers, suggesting a working hydrocarbon system [3][4]. - There are indications of Direct Hydrocarbon Indicators (DHIs) and potential multiple layers of reservoir strata beneath the sealing formation cap layer [6]. - The estimated rock volume of a single '1 meter thickness reservoir zone' under proven closures is approximately 48 million and 60 million cubic meters, highlighting the potential for significant hydrocarbon accumulation [6]. Future Plans - The company is focused on completing the seismic processing and interpretation to better understand the hydrocarbon system and reduce risks associated with reservoir quality and seal integrity [7]. - Management is committed to advancing activities to ensure the successful drilling of exploratory wells in the upcoming year [7].
Norsemont Provides Corporate Update and Additions to the Team
Thenewswire· 2025-10-21 13:00
Core Insights - Norsemont Mining Inc. has provided a corporate update on its Choquelimpie project, highlighting recent milestones and the successful raising of $6 million from strategic investors [1][6] - The Choquelimpie project is a past-producing gold-silver mine with significant historical production and a recent mineral resource estimate indicating 2,184,000 indicated gold-equivalent ounces and 557,000 inferred gold-equivalent ounces [2][14] - The company has a two-pronged development strategy focusing on oxide processing and deeper sulfide resource drilling, with plans to assess copper porphyry systems [3][4] Development Strategy - The company aims to process stockpiles for initial cash flow and systematically drill to expand both oxide and sulfide resources [4] - Upcoming initiatives include drilling deeper high-grade targets and further assessing identified copper and gold porphyry systems [4] Current Work Programs - Ongoing efforts include developing a geological model for stockpiles, defining metallurgical characteristics, and assessing the existing plant [5] - The company has engaged AGS Cotecna for metallurgical testing and DAES Consultores for permitting and environmental advisory [7] Key Achievements - Successful processing of stockpiles to generate initial positive cash flow [4] - Expansion of the technical and management team with key appointments, including David Flint as Chief Geologist and Roman Flores as Lead Geologist [6][7] Near-Term Objectives - The company plans to commence its 2025 Phase 3 drill program, test metallurgical samples, and report on the processing plant condition [7] - The geological team has refined drill targets and is preparing for the upcoming drilling program [7] CEO Statement - The CEO expressed excitement about advancing the Choquelimpie project towards its next development stage, with a focus on engineering and feasibility work in 2026 [12]