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KORE Announces Private Placement and Corporate Update
Thenewswire· 2025-10-20 21:05
Core Viewpoint - KORE Mining Ltd. is initiating a non-brokered private placement to raise up to C$4 million through the issuance of units priced at C$0.12 each, aimed at advancing its development properties and for general corporate purposes [1][2][4]. Group 1: Private Placement Details - The company plans to issue up to 33,333,333 units, each consisting of one common share and one transferable common share purchase warrant [2]. - Each warrant allows the holder to acquire an additional common share at a price of C$0.16 for a period of 36 months from issuance [2]. - The offering is expected to close in early November, subject to necessary approvals, including from the TSX Venture Exchange [3]. Group 2: Use of Proceeds - Net proceeds from the private placement will be allocated to advance permitting and exploration of wholly owned development properties in California, as well as for working capital and general corporate purposes [4]. Group 3: Regulatory and Insider Participation - All securities issued will be subject to a statutory hold period of four months and one day from the closing date [5]. - Insiders may participate in the offering, which would be considered a related party transaction, but is expected to be exempt from formal valuation and minority shareholder approval requirements [6]. Group 4: Management Changes - Mr. Jay Sujir has resigned from the Board of Directors effective October 17, 2025, but will continue to serve in an advisory capacity [9]. - The Board expresses gratitude for Mr. Sujir's contributions during his nearly four years of service [9]. Group 5: Company Overview - KORE Mining focuses on responsibly creating value from its gold assets in California, advancing the Imperial project towards development while exploring district-scale gold assets [9].
Terra Clean Announces Life Offering
Thenewswire· 2025-10-20 20:05
Core Viewpoint - Terra Clean Energy Corp. is initiating a non-brokered private placement to raise funds for various corporate purposes, including the purchase of Utah claims and future exploration costs [1][2]. Group 1: Offering Details - The private placement will consist of a minimum of 10,000,000 units and up to 19,520,350 units, priced at C$0.14 per unit, aiming for gross proceeds of C$1,400,000 to C$2,732,849 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.17 for 36 months post-offering [1]. - The offering is expected to close around November 4, 2025, pending regulatory approvals [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards the purchase price of Utah claims, future exploration and development costs, and general working capital [2]. Group 3: Regulatory Compliance - The offering will comply with National Instrument 45-106, allowing units to be sold in Canadian provinces and territories, excluding Quebec, without a hold period under Canadian securities laws [3]. - An offering document is available on SEDAR+ and the company's website for prospective investors [3]. Group 4: Company Overview - Terra Clean Energy Corp. is focused on uranium exploration and development, currently working on the South Falcon East uranium project, which has an inferred resource of 6.96 million pounds of uranium [6].
nDatalyze Corp. updates the "Epitome" Predictive Sports Performance Analytics Project and the RTO progress.
Thenewswire· 2025-10-20 16:35
Core Insights - nDatalyze Corp. has successfully completed the genetic swab and questionnaire collection for two of the three teams involved in the Epitome predictive analytics project, with the third team's data collection set to begin before October 31 and expected to conclude by the end of November [1] - The President of nDatalyze Corp., Jim Durward, highlighted exceptional player participation and the collaborative effort to leverage technology for improved performance [1] - The ongoing reverse takeover (RTO) process is experiencing delays due to the complexity of product SKUs and the tracking of items from purchase to sale, with the tax opinion for the controlling shareholder now received and finalization of paperwork underway [1] Company Developments - The RTO target audit is currently in progress, with the extended timeframe attributed to the large number of product SKUs [1] - The Corporation's shares will remain halted until the RTO is either completed or abandoned [1] - Anticipated private placement and presentation to the Canadian Securities Exchange (CSE) are in the works as part of the RTO process [1]
Lexston Mining Corporation Announces Fieldwork on Dory Property and two Marketing Agreements
Thenewswire· 2025-10-20 16:30
Core Insights - Lexston Mining Corporation is initiating fieldwork on the Dory Property, which consists of four contiguous mineral claims totaling 1,348.1 hectares located in British Columbia [1][2] - The fieldwork will be conducted in two phases, with Phase One focusing on creating a GIS database, geological mapping, and sampling, while Phase Two will depend on positive results from Phase One [2] - The company has exercised 2,137,500 common share purchase warrants at $0.10 each, generating gross proceeds of $213,750, increasing the total issued common shares to 16,930,804 [3][4] Marketing Agreements - Lexston Mining has entered into an Online Marketing Agreement with i2i Marketing Group LLC for corporate marketing and investor awareness services, with a budget of up to $300,000 USD for 12 months [5] - The company has also signed a Digital Marketing Agreement with Danayi Capital Corp for investor relations and digital marketing services, with a budget of up to $100,000 USD for 12 months [6] Qualified Person - Richard Walker, P.Geo., has reviewed and approved the Dory Property content of the news release, and a technical report is available on the company's profile [7] Company Overview - Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and developing mineral projects to enhance stakeholder value [8]
Joint Venture Partner Aresol Issues A Press Release Announcing JV Agreement With Ecolomondo
Thenewswire· 2025-10-20 13:25
Core Viewpoint - Ecolomondo Corporation has entered into a joint venture with ARESOL to establish its European subsidiary, Ecolomondo EU, which will focus on developing and implementing its Thermal Decomposition Process (TDP) technology for tire pyrolysis plants in the European Union [1][3][9] Group 1: Joint Venture Details - The joint venture aims to build at least four tire pyrolysis plants in the EU, with the first facility located in Valencia, Spain [3][9] - The agreement was formalized after a successful technical due diligence process that validated Ecolomondo's TDP technology for producing valuable products from end-of-life tires [5][9] - The initial ambition is to develop and build four plants, with potential for further expansion based on market conditions and combined capabilities of both companies [10] Group 2: Technology and Environmental Impact - Ecolomondo's TDP technology is designed to recover high-value commodities from scrap tires, including recovered carbon black (rCB), oil, syngas, fiber, and steel [18][20] - The TDP process is noted for its environmental benefits, reducing greenhouse gas emissions by 90% compared to virgin carbon black production, with expected CO2 reductions of 15,000 tons per year from the Hawkesbury facility and 45,000 tons from the Shamrock facility [29][22] - The technology has been validated through audits, confirming compliance with market standards and ensuring strong economic potential [6][9] Group 3: Strategic Importance - The partnership is seen as timely and strategically important for addressing the growing environmental challenges associated with tire waste management in Europe [7][9] - Both companies emphasize their shared vision and commitment to delivering a reliable technological solution to the pressing environmental challenge of end-of-life tire management [8][9] - ARESOL's expertise in the renewable energy sector and strong presence in the EU is expected to enhance the joint venture's success [11][8]
Gold Basin Resources Corporation Directors' Circular
Thenewswire· 2025-10-20 13:00
THE BOARD OF DIRECTORS IS RECOMMENDING THAT SHAREHOLDERS REJECTTHE UNSOLICITED OFFER BY CANEX METALS INC. TO ACQUIRE ALL OFTHE ISSUED AND OUTSTANDING COMMON SHARES OF GOLD BASIN RESOURCES CORPORATION October 20, 2025 – TheNewswire - Vancouver, British Columbia: Gold Basin Resources Corporation (“Gold Basin” or the “Company”) is a reporting issuer or equivalent in the provinces of British Columbia, Alberta and Ontario, and files its continuous disclosure documents and other documents with the securities reg ...
Update on Helix JV Agreement
Thenewswire· 2025-10-20 13:00
October 20, 2025 – TheNewswire - Vancouver, British Columbia: Gold Basin Resources Corporation (the "Company", "Gold Basin") – (TSX-V GXX, OTCQB: GXXFF) is pleased to provide an update on the Farm-In with ASX listed Helix Resources Limited (HLX) with Formal Agreements being finalized in accordance with the Binding Letter Agreement previously announced, whereby HLX can earn a minority (40%) interest in the Gold Basin Project oxide gold project (Project). As previously stated, the key terms of the Agreemen ...
VanadiumCorp Provides Overview of Lac Laura Gold Property
Thenewswire· 2025-10-20 13:00
Core Viewpoint - VanadiumCorp Resource Inc. is advancing its exploration efforts at the Lac Laura Property in Quebec, strategically located near the Cooke Mine, with plans for a comprehensive evaluation program in response to rising gold prices [1][6]. Company Overview - VanadiumCorp Resource Inc. is a Canadian mineral exploration company focused on developing vanadium-rich assets in Quebec, including the Lac Doré Vanadium Project and a pilot plant for vanadium electrolyte production [10]. Property Details - The Lac Laura Property consists of 39 mineral claims covering 550.65 hectares, compliant with provincial regulations [1]. - The property is situated in the Chapais Mining District, known for its copper-gold vein systems and volcanogenic massive sulphide lenses [2]. - Historical exploration by Minnova Inc. reported approximately 163,295 tonnes grading 5.83 g/t gold in the 113 North Zone, but this estimate is not compliant with NI 43-101 and requires further verification [3][5]. Historical Exploration - Limited drilling was conducted by VanadiumCorp between 2007 and 2012, with a data review by CSA Global Mining Industry Consultants in 2020 recommending further exploration [4]. - High-grade historical grab samples included 128.5 g/t Au, 113 g/t Ag, and 2.61% Cu, indicating potential mineralization [8]. Future Plans - The company has initiated a 2025–2026 evaluation program to compile and reinterpret legacy data, aiming to design a work plan for 2026 as part of its asset optimization strategy [6].
SPARC AI Expands Its Defence Capabilities with Second Generation SPARC AI Mobile - Enabling Mobile-to-Air Target Handoffs and Autonomous Navigation
Thenewswire· 2025-10-20 13:00
Core Viewpoint - SPARC AI Inc. has launched the second generation of SPARC AI Mobile, enhancing its Target Acquisition System for military and security operators by enabling handheld and field-issued mobile devices to function as precision geolocation and surveillance tools [1] Group 1: New Capabilities - The second generation of SPARC AI Mobile introduces Mobile-to-Drone Target Handoff, allowing operators to mark and transmit distant target locations directly from mobile devices to connected drones for autonomous intelligence collection or strikes [2] - SPARC AI Mobile enables Autonomous Navigation from Mobile, providing real-time geolocation and bearing data for drones and robotic systems, maintaining accuracy even in GPS-denied environments [3] - The system is fully integrated with Overwatch, producing a unified operational picture in both Military Grid Reference System (MGRS) and civilian coordinate formats [4] Group 2: Market Opportunity - The expansion of SPARC AI's Target Acquisition System to mobile devices represents a significant market opportunity, with millions of tactical computing devices already deployed across U.S., NATO, and allied defense forces [5] - The increasing use of drones across military branches creates a large market potential for SPARC AI, with each device capable of serving as a connected node in a GPS-denied targeting and navigation network [5] - SPARC AI is positioned to capitalize on the modernization of military forces for multi-domain and electronic warfare environments, offering a scalable software platform for autonomy, situational awareness, and precision engagement [5] Group 3: Product Distribution - SPARC AI is organizing sample units of SPARC AI Mobile for distribution to defense customers and authorized test agencies for evaluation and demonstration [6] - Shipments of evaluation phones and rugged device kits will be coordinated with partner firms and relevant U.S. and Canadian defense stakeholders [6]
Hybrid Power Solutions to Showcase Innovative Clean Energy Technology at the 2025 Best Defence Conference
Thenewswire· 2025-10-20 12:31
Core Insights - Hybrid Power Solutions Inc. is participating in the Best Defence Conference on October 21-22, 2025, in London, Ontario, showcasing its sustainable battery and hybrid power systems [1][2] Company Overview - Hybrid Power Solutions is a Canadian developer focused on sustainable battery and hybrid power systems, aiming to eliminate fossil fuel dependency in off-grid and remote applications [4] - The company is listed on the Canadian Securities Exchange under the symbol "HPSS" and emphasizes environmental responsibility and technological innovation [4] Conference Participation - The Best Defence Conference is a key forum for the aerospace, defence, and public safety sectors, where Hybrid Power Solutions will demonstrate its zero-emission, fuel-free portable power systems [2][3] - The company will engage in B2B and B2G matchmaking meetings with industry and government representatives, enhancing its visibility in the defence and public safety sectors [3] Strategic Focus - Hybrid Power Solutions aims to support military operations, disaster relief, and critical infrastructure with its clean and reliable power systems [3] - The company's recent milestones include being listed on the California Air Resources Board's Zero-Emission Generator list and forming high-profile collaborations across North America, indicating its expansion into defence and government markets [4]