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Cadillac Ventures Inc. Enters into Op on Agreement for the Burnt Hill Tungsten Project in New Brunswick
Thenewswire· 2025-12-18 19:35
Core Insights - Cadillac Ventures Inc. has sold an initial 29.58% interest in the Burnt Hill Tungsten Project to Nexcel Metals Corp. for a total consideration of $170,000 in cash and $330,000 in common shares, resulting in the issuance of 355,775 shares at a deemed price of $0.78 per share [1][2]. Group 1: Transaction Details - The Optionee can earn an additional 28.42% interest in the Property, bringing the total potential interest to 58%, by paying $250,000 in cash and issuing $600,000 in common shares to Cadillac [2]. - A joint venture will be established among Cadillac, the Optionee, and the Minority Owner once the Optionee earns at least a 51% interest in the Property [2]. Group 2: Share Issuance and Restrictions - The 355,775 common shares issued to Cadillac are subject to a hold period that expires on April 9, 2026, with additional voluntary resale restrictions on 15% of the shares until specified dates in 2026, 2027, and 2028 [3]. - 10% of the common shares issued will not be restricted but are subject to the statutory hold period [3]. Group 3: Regulatory Approval - The agreement is contingent upon approval from the TSX Venture Exchange [4].
Scandium Canada presents its annual review
Thenewswire· 2025-12-18 19:00
Core Insights - Scandium Canada Ltd. has experienced a pivotal year, marked by significant technical, industrial, strategic, and social advancements, solidifying its position in the scandium and aluminum-scandium alloy market [1][2] Strategic Advances - Major technical milestones were achieved at the Crater Lake project, including the publication of a new mineral resource estimate confirming the deposit's size and potential, which remains open in all directions [5] - A successful completion of a 500 kg metallurgical pilot test was conducted, representing a key advance in process validation and technical risk reduction [5] - The establishment of the Scandium+ division focuses on the commercialization of exclusive and patent-pending aluminum-scandium alloys [3][4] Community Engagement - Scandium Canada presented the Crater Lake project to the Naskapi community of Kawawachikamach, fostering dialogue and understanding regarding community priorities and expectations [7] - Following discussions, the Naskapi Nation made a strategic investment in Scandium Canada, indicating a shared vision for the responsible development of the Crater Lake project [8] International Outreach - The company enhanced its international visibility by participating in Quebec's economic mission to Asia, promoting Quebec scandium and exploring new commercial partnerships [6]
Critical Infrastructure Technologies Ltd. and Babcock International Group Execute an Increased Scope Memorandum of Understanding (MOU)
Thenewswire· 2025-12-18 15:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has expanded its collaboration with Babcock International Group to co-develop a platform integrating 5G communications and ISR capabilities for European and Southeast Asian markets [1][2] - The original MOU focused on supplying 50 Nexus 20 platforms to the Ukrainian Ministry of Defence, but the new agreement broadens the scope to include all of Europe and Southeast Asia [2] - The first Nexus 20 platform is expected to arrive in the EU in April 2026 for regional demonstrations, indicating a strong outlook for 2026 [3] Company Overview - CiTech specializes in autonomous, high-capacity mobile communications platforms, targeting sectors such as mining, defense, border security, and emergency services [5] - The company's first product, the Nexus 16, aims to provide critical mobile telecommunications using patented self-deploying technology [5] - CiTech has completed its research and development phase and is currently in the commercialization stage for its products [5] Partner Overview - Babcock International Group is a FTSE 100 defense company operating in multiple regions, including the UK, Australasia, Canada, France, and South Africa [3] - The company focuses on delivering complex support and product solutions to enhance defense capabilities and critical assets [3]
Ventripoint Diagnostics Announces Collaboration with Summit Sciences
Thenewswire· 2025-12-18 13:10
Core Insights - Ventripoint Diagnostics Ltd. has engaged Dana Friesen and Summit Sciences to develop advanced financial and ROI models aimed at enhancing the economic evaluation of its VMS+ technology for cardiac diagnostics [1][2][3] Group 1: Strategic Partnership - The collaboration focuses on refining financial modeling frameworks that emphasize cost savings, operational efficiencies, and clinical outcomes associated with Ventripoint's AI-driven 3D heart modeling system [2] - This partnership aims to provide tailored insights for healthcare providers, demonstrating clear ROI through improved processes and resource allocation [2][3] Group 2: Leadership and Expertise - Hugh MacNaught, President & CEO of Ventripoint, expressed enthusiasm about the partnership, highlighting the combined expertise of Dana Friesen in healthcare transformation and Summit Sciences' data-driven consulting [3] - Dana Friesen, CEO of Summit Sciences, noted the importance of real-world data in accelerating the commercialization of VMS+ and expanding access to advanced cardiac imaging [3] Group 3: Technology Overview - Ventripoint's VMS+ platform utilizes AI to create accurate 3D models of the heart from standard 2D ultrasound images, providing a faster and more affordable alternative to traditional MRI scans [4] - The VMS products are based on proprietary Knowledge Based Reconstruction technology, offering accurate volumetric cardiac measurements equivalent to MRI [5] Group 4: Summit Sciences Background - Summit Sciences has a two-decade history of working with clinical agencies, delivering billions in lifetime partner savings through critical data for informed decision-making in technology adoption [6] - The firm employs advanced research methodologies to provide actionable insights that enhance patient care while optimizing resource utilization [6][7]
Carrier Connect Data Solutions Announces Customer Expansion at PureColo Subsidiary
Thenewswire· 2025-12-18 13:00
Core Insights - Carrier Connect Data Solutions Inc. has announced a significant expansion commitment from a leading co-location customer, which will add 90 Kilowatts starting February 2026, with final deployments expected by May 2026 [1][2] - The expansion represents a 58% increase in current billables, translating to an additional CAD $28,000 per month in revenue for the company [2] - The CEO of Carrier Connect expressed satisfaction with the rapid revenue growth following the acquisition of PureColo, highlighting the focus on profitable growth through customer expansion and new client acquisition [3] Company Overview - Carrier Connect Data Solutions Inc. aims to roll up Tier II/III data centers globally, specializing in co-location and data center solutions for AI companies, service providers, enterprises, and small businesses [4] - The company operates as a carrier-neutral organization, with its systems fully independent and owned within its leased space [4] - Current principal markets include Vancouver and Ottawa in Canada, and Perth in Australia, serving clients who utilize its facilities as primary or ancillary data centers [4]
Spartan Metals Provides Encouraging Drill Assay Results for Tungstonia Tailings at its Eagle Project, Nevada
Thenewswire· 2025-12-18 13:00
Core Insights - Spartan Metals Corp. announced positive assay results from the drilling program at the Tungstonia Tailings deposit, part of the Eagle Tungsten-Silver-Rubidium Project in eastern Nevada, indicating potential contributions to the US tungsten and rubidium supply chain [1][4][21] Summary by Sections Drilling Program - The drilling program consisted of 34 holes, approximately 6.4 centimeters in diameter, spaced about 12 meters apart, totaling around 67 meters and comprising 133 samples with an average depth of nearly 2 meters [1][3] Assay Results - The assay results showed tungsten grades averaging 0.13% WO3, silver grades of 10.6 g/t, and rubidium grades of 626 ppm, with consistent grades across all holes [5][8] - Notable highlights include specific intervals with tungsten grades reaching up to 0.42% WO3 and silver grades of 123 g/t [3][18] Economic Potential - The weighted average tungsten results are near the cutoff for currently operating mines, with the potential addition of silver and rubidium credits making the results encouraging [8] - The tailings have already been mined and processed, suggesting that the economic cutoff could be closer to the average of 0.13% WO3 obtained from the samples [8] Next Steps - The company plans to continue with Phase 1 of the work program, focusing on metallurgical analysis, tonnage calculations, 3D modeling, resource estimation, and economic evaluation to determine economic viability [9][10] - Two holes were drilled for geological and metallurgical testing to identify minerals hosting tungsten and rubidium and assess recoverability [10][11] Project Overview - The Eagle Project is one of the largest and highest-grade tungsten and rubidium districts in the US, covering approximately 36.5 km² and consisting of past-producing high-grade tungsten mines [21][22] - The project includes three deposit types: Porphyry, Skarn, and Carbonate Replacement, containing significant grades of tungsten, silver, and rubidium [23]
The Havana Roasters Coffee Companies, Inc. Announces Significant Operational Milestones
Thenewswire· 2025-12-18 13:00
Core Insights - The company has made significant operational progress over the past 18 months and is preparing for a comprehensive corporate repositioning aimed at accelerating growth in 2026 [1][2] Strategic Progress Across Multiple Growth Vectors - The company is building the necessary infrastructure, partnerships, and product portfolio to expand Havana Roasters Coffee® as a multi-channel premium coffee brand [2] - The company operates under the exclusive license of The Havana Roasters Coffee Companies brand, with all subsidiaries functioning under this license [2] Retail Expansion - The company is finalizing preparations for the opening of its first flagship Havana Roasters Coffee Cuban Bakery & Sandwich Bar in Hollywood, California, which will serve as a revenue-generating operation and brand showcase [3] Product Innovation - The company is nearing completion on two major product line extensions, including Nespresso-compatible pods and Ready-to-Drink (RTD) versions of Havana Roasters Coffee®, targeting the growing single-serve and convenience beverage markets [4] Operational Scaling - The company is enhancing its roasting capabilities, strengthening wholesale distribution networks, advancing franchise program development, and improving e-commerce infrastructure to support accelerated commercialization [5] Corporate Positioning - The company is working to complete regulatory processes to align its public corporate identity with the Havana Roasters Coffee® brand, which it has been developing since taking control in 2023 [6] Leadership Commentary - The Chairman and CEO emphasized the focus on execution over the past 18 months and the anticipation of significant milestones that will enhance shareholder value and market visibility [7]
Juggernaut Appoints Manuele Lazzarotto, Ph.D. In Metamorphic Petrology President And COO
Thenewswire· 2025-12-18 12:45
Core Viewpoint - Juggernaut Exploration Ltd has appointed Manuele (Lele) Lazzarotto, Ph.D., as President and Chief Operating Officer, which is expected to enhance the company's long-term value for shareholders [1][3]. Company Overview - Juggernaut Exploration Ltd is focused on precious metals projects in the Golden Triangle of northwestern British Columbia, operating in recognized geological settings and stable jurisdictions [5]. - The company is a member of CASERM, a collaborative venture with the Colorado School of Mines and Virginia Tech, and has Crescat Capital as a key strategic cornerstone shareholder [5]. Leadership Experience - Manuele Lazzarotto brings over a decade of experience in mineral exploration, particularly in volcanogenic massive sulphide deposits and gold systems in Canada [2]. - He has previously served as Chief Geologist at Goliath Resources, contributing to the discovery of the Surebet project from 2019 to 2025 [2]. Upcoming Initiatives - Juggernaut is preparing to launch a fully funded approximately 10,000-meter drill program at its Big One property, which is characterized by high-grade gold and silver grades from numerous surface veins [3][4]. - The Big One discovery has shown exceptional potential, with shear zones up to 50 meters wide and surface exposure extending for up to 1 kilometer [4].
Ventripoint to Issue Shares for Payment of Debenture Interest
Thenewswire· 2025-12-18 02:10
Core Viewpoint - Ventripoint Diagnostics Ltd. will fulfill its debenture interest payment obligations by issuing common shares, pending approval from the TSX Venture Exchange [1] Group 1: Financial Details - The company will issue a total of 1,145,627 common shares to cover $103,106.29 in interest on outstanding Convertible Debentures [1] - The Convertible Debentures carry an interest rate of 10% per annum, with payments due every six months [1] - The shares will be issued at a deemed price of $0.089 and will be subject to a hold period of 4 months and one day [1] Group 2: Company Overview - Ventripoint has established itself as a leader in applying AI to echocardiography, with its VMS products utilizing proprietary knowledge-based reconstruction technology [2] - This technology provides accurate volumetric cardiac measurements comparable to MRI, offering a cost-effective alternative for cardiologists [2] - VMS+ is compatible with all ultrasound systems from various vendors and has received regulatory market approvals in the U.S., Europe, and Canada [2]
Happy Creek Intercepts 1.18 m of 6.83% WO3 from 31.2 m DH Depth at the Fox Tungsten Project in British Columbia
Thenewswire· 2025-12-17 22:10
Core Insights - Happy Creek Minerals Ltd. has reported significant drill results from the 2025 program at the Fox Tungsten Project, indicating potential resource expansion and continuity of tungsten mineralization [1][2]. Group 1: Drill Results - The 2025 drill program included 18 diamond core drill holes totaling 2,176 meters, focusing on the expansion of tungsten resources at the Ridley Creek (RC) and BN zones [2][6]. - Notable results from the RC zone include: - 1.18 meters grading 6.83% WO3 from 31.2 meters in hole F25-13 - 1.00 meters grading 2.22% WO3 from 47.0 meters in hole F25-01 - 0.95 meters grading 1.11% WO3 from 36.5 meters in hole F25-02 [2][6]. - The BN zone drilling revealed: - 1.00 meters grading 0.88% WO3 from 105.0 meters in hole F25-16 - 1.65 meters grading 0.57% WO3 from 218.3 meters in hole F25-16 - 2.50 meters grading 0.25% WO3 from 106.2 meters in hole F25-17 [2][3]. Group 2: Geological Insights - The RC zone is approximately 400 meters by 175 meters, with a thickness ranging from 5 to 25 meters, and is open to the west beneath Deception Mountain [7][10]. - The BN zone consists of three stacked calc silicate horizons, with the middle horizon being the best defined and containing most of the current resource, located 20 to 80 meters below the surface [14][15]. Group 3: Exploration Focus - The 2025 drilling program aimed to explore the extent of calc silicate hosted tungsten mineralization mainly to the west and south, confirming geological continuity and expanding the resource area [10][16]. - The drilling at the BN zone tested the potential for mineralized horizons to extend to the northwest and at depth, indicating further resource expansion potential [16].