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Critical Infrastructure Technologies Provides Global Patent Update And Expands Defence Market Reach
Thenewswire· 2025-10-17 12:10
Core Insights - CiTech has developed a deployable, autonomous mobile radio station technology aimed at enhancing secure communications in remote and high-threat environments [2][3] - The patented design significantly expands CiTech's Total Addressable Market, targeting sectors such as defence, disaster response, remote industrial operations, mining, and aerospace [3][9] - The Nexus 20 platform offers a self-contained, air-liftable communications hub that ensures stable connectivity even in extreme conditions, providing a competitive advantage in defence and emergency response [5][6][10] Patent and Market Coverage - CiTech has filed patents for its Mobile Radio Station technology in multiple countries, including Australia, Canada, China, Europe, India, Japan, South Korea, South Africa, Thailand, Vietnam, and the United States, with the South African patent already granted [9] - This extensive global intellectual property coverage positions CiTech favorably in major defence and communications markets [9] System Features and Innovations - The Nexus 20 platform features a super-rigid mast for stability, energy independence, automation, and a modular architecture, enabling rapid deployment and operation in various conditions [6][7] - Key features include a hydraulic scissor-lift communications tower, hybrid power architecture, and redundant climate control systems, enhancing operational readiness [7][8] Strategic Positioning - The global patent coverage and innovative design of the Nexus 20 strengthen CiTech's strategic position in the defence and critical communications sectors, providing a decisive operational advantage [9][10] - The company is focused on commercializing its first product, the Nexus 16, which aims to deliver critical mobile telecommunications solutions for sectors such as mining and emergency services [11]
New Age Metals Closes Private Placement For A Total Of $4 Million With Eric Sprott Subscribing For $2 Million In The First Tranche
Thenewswire· 2025-10-17 12:00
Core Points - New Age Metals Inc. has closed the third and final tranche of a non-brokered private placement financing, raising a total of $4,000,000 across all tranches [1][9] - The financing included the issuance of 1,738,845 flow-through units at $0.26 each and 747,727 non-flow-through units at $0.22 each, generating gross proceeds of $616,599.64 in the final tranche [1][7] - Eric Sprott, the largest shareholder, subscribed for $2,000,000 in the first tranche, increasing his ownership to approximately 34.37% on a partially diluted basis before the final tranche [2][9] Financing Details - Each flow-through unit consists of one common share and one half of a share purchase warrant, with the whole warrant allowing the purchase of an additional share at $0.40 for three years [3] - Each non-flow-through unit also consists of one common share and one half of a share purchase warrant, with the same terms as the flow-through units [4] - Finder's fees totaling $22,070 in cash and 88,337 non-transferable finder warrants were paid in connection with the final tranche [5] Project Highlights - The company's flagship asset is the River Valley Palladium-Platinum Project, one of North America's largest undeveloped primary palladium projects, currently in the development stage [6][10] - The price of palladium has increased by approximately 74% and platinum by 79% over the last six months, indicating a favorable market environment for the company's projects [6] - The company is actively pursuing exploration and development in Newfoundland, Ontario, and Manitoba, with proceeds from the financing allocated for these activities [7] Additional Projects and Initiatives - The company is advancing its Newfoundland Gold-Antimony Division, with Phase 2 of the field program currently underway [6] - The Genesis PGM-Cu-Ni Project in Alaska is also being developed, with management preparing a budget and plan for Phase 2 [6][19] - New Age Metals is exploring opportunities for new mineral acquisitions on an international scale, aiming to generate projects for optioning with major and junior mining companies [27]
Teuton Reports Encouraging Results from the 4th Hole Drilled in 2025 on the Treaty Creek Property, Golden Triangle, British Columbia
Thenewswire· 2025-10-17 11:30
Victoria, British Columbia, Canada, October 17, 2025. Teuton Resources Corp. (“Teuton” or “the Company”) (“TUO”-TSX-V) ("TFE"- Frankfurt) is pleased to report that Joint Venture (“JV”) partner Tudor Gold ("Tudor") has announced, in a news release dated October 16, 2025, encouraging results from the fourth hole of the 2025 exploration drill program at the Treaty Creek Project, located in the Golden Triangle of Northwest British Columbia. Teuton owns a 20% carried interest (carried until a production dec ...
CHARBONE Announces Closing of Units for Debt Financing Totaling $0.5M
Thenewswire· 2025-10-17 11:25
Core Points - CHARBONE CORPORATION has successfully closed a debt settlement amounting to $503,125 with a strategic partner for the construction of its Sorel-Tracy plant [1][2] - The settlement was achieved through the issuance of 4,192,708 units, each priced at $0.12, which includes one common share and one common share purchase warrant [2] - The warrants allow the holder to purchase additional common shares at an exercise price of $0.14 for 12 months following the closing date [2] - The company aims to manage its cash prudently while advancing production for the Sorel-Tracy project [2] Company Overview - CHARBONE CORPORATION specializes in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific [3] - The company is building a distributed network of green hydrogen production plants and diversifying revenues through helium and specialty gas partnerships [3] - This modular approach is designed to reduce risk, enhance flexibility, and position CHARBONE as a leader in the transition to a low-carbon future [3]
Silver Crown Royalties Closes Final Tranche Of Silver Royalty On PPX Mining's Igor 4 Project
Thenewswire· 2025-10-16 17:00
Core Points - Silver Crown Royalties Inc. has completed the final tranche of its silver royalty agreement with PPX Mining Corp., increasing its royalty to 15% of the cash equivalent of silver produced from the Igor Project in Peru [1][2] - The final payment made by Silver Crown to PPX was US$637,000, which will result in an additional 58,500 ounces of silver, bringing the total to 225,000 ounces under the royalty agreement [2] - The CEO of Silver Crown stated that the company is positioned to achieve positive free cash flow by 2026 without needing to access capital markets for working capital, focusing on raising capital only for new royalties [3] Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company that aims to generate free cash flow and currently holds five silver royalties [3] - The company's business model provides investors with exposure to precious metals, acting as a hedge against currency devaluation and mitigating production-related cost inflation [3] - PPX Mining Corp. is a Canadian-based mining company with a flagship gold and silver project, Igor, located in northern Peru, focusing on disciplined growth and long-term value creation [4]
Critical Infrastructure Technologies Joins Latvian Delegation at European Defence Week 2025 in Paris
Thenewswire· 2025-10-16 13:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) will participate in European Defence Week 2025, highlighting its role in the European Defence and Security ecosystem [1][2][4] - The company aims to advance its Nexus 20 Rapid Deployment Platform, which integrates multi-role communications, surveillance, and counter-UAS systems for operational flexibility [2][3] - Latvia's strategic position and its commitment to European defence innovation are emphasized, with CiTech representing the nation's contributions [3][4] Company Overview - CiTech is focused on developing autonomous, high-capacity mobile communications and security platforms, targeting sectors such as mining, defence, border security, and emergency services [6] - The company has completed the research and development phase and is in the process of commercializing its first product, the Nexus 16, which provides critical mobile telecommunications [6] - CiTech's self-deploying platform (SDP) addresses limitations of current communication solutions, supporting various technological payloads including LTE and surveillance systems [6] Event Details - European Defence Week 2025 will feature forums, workshops, and networking events aimed at fostering partnerships and innovations in the defence sector [4] - The event is organized by Bpifrance and EuroQuity, bringing together defence companies, investors, and policy leaders [4]
Aztec Minerals Announces Closing of Upsized C$10 Million Bought Deal Private Placement Including Concurrent Exercise of Over-Allotment Option
Thenewswire· 2025-10-16 12:55
Core Points - Aztec Minerals Corp. has successfully closed a "bought deal" private placement offering, raising gross proceeds of C$10,004,655 by selling 42,573,000 common shares at C$0.235 each [1][2] - The offering included the full exercise of an over-allotment option, allowing the underwriter to purchase an additional 5,553,000 shares [1] - The funds will be used for exploration work on the Tombstone gold-silver project in Arizona and the Cervantes gold-copper project in Mexico, as well as for general working capital [4] Financial Details - The underwriter, Stifel Canada, received a cash commission of C$700,326, which is 7% of the gross proceeds, and was issued 2,980,110 non-transferable common share purchase warrants [3] - Each warrant allows the holder to acquire one common share at the issue price until October 16, 2028 [3] Company Overview - Aztec Minerals is focused on two emerging mineral projects: the Cervantes project in Sonora, Mexico, and the Tombstone project in southern Arizona, which have potential for gold, copper, silver, lead, and zinc [8]
Hi-View Resources Completes Comprehensive Analysis Confirming Gold-Silver Potenital At Saunders Property
Thenewswire· 2025-10-16 12:30
Core Insights - Hi-View Resources Inc. has completed a comprehensive analysis of the Saunders Property, confirming its potential as a low-sulphidation epithermal gold-silver system [1][2] - The analysis highlights significant geological features, including quartz chalcedony veining with adularia and strong silicification, situated within a structural corridor that hosts major deposits [1][4] Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company on the Canadian Securities Exchange, focusing on gold, silver, and copper assets in the Toodoggone region of northern British Columbia [7] - The company’s portfolio includes over 27,791 hectares of projects, with key properties such as the Golden Stranger Project, Lawyers claims, and Borealis Project designated as high-priority targets [7] Exploration Potential - The Saunders Property comprises 209.6 hectares and includes two noncontiguous claim blocks covering four known occurrences, with historical sampling at Saunders North returning up to 1.42 g/t Au and 11.7 g/t Ag [4] - The analysis aims to refine the exploration model and identify areas with the highest potential for mineralization, guiding the next phase of exploration [5]
Hybrid Power Solutions Announces Sale of Three Batt Pack Pro Units to Tire Butler
Thenewswire· 2025-10-16 12:30
Core Insights - Hybrid Power Solutions Inc. has successfully sold three Batt Pack Pro units to Tire Butler, marking a significant step in its expansion into the mobile service and automotive sectors [1][2] - The partnership with Tire Butler, announced on September 25, 2025, aims to provide cleaner, emission-free power solutions for mobile service providers [2][3] - The Batt Pack Pro units are designed to eliminate the need for traditional gas generators, offering a sustainable energy solution for various industries [3][4] Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol "HPSS," focusing on portable power systems that reduce reliance on fossil fuels [5] - The company emphasizes environmental responsibility and technological innovation, aiming to lead the clean energy transition [5] Industry Trends - There is a growing demand for cleaner and more cost-effective alternatives to fossil fuel-based generators as businesses increasingly seek sustainable power solutions [4]
Renforth Commences Stripping on Parbec Gold Deposit Targeting Surface Gold Channel Assaying 1.43 g/t Au over 12.2m
Thenewswire· 2025-10-16 12:00
Core Insights - Renforth Resources Inc. is set to resume exploration activities on October 18, 2025, at its Parbec Gold Deposit, focusing on surface gold mineralization [1][2] Exploration Activities - The upcoming work will include chipping and overburden removal, specifically targeting a 12.2m channel grading 1.43 g/t gold on the surface [1] - Following the initial activities, the newly exposed surface will be prospected, mapped, and sampled, with stripping extending across the Diorite Splay, a feature known for gold mineralization [2] Geological Context - The Diorite Splay is interpreted as a possible hinge fold in the Pontiac Sediments, which may have facilitated mineralized fluid interactions with the Cadillac Break [2] - Renforth is also investigating mineralized structures oriented perpendicular to the Cadillac Break, consistent with previous drilling findings [2] Financial Activities - The company plans to raise a maximum of CAD 500,000 through the sale of units priced at CAD 0.02, with each unit consisting of a flow-through share and a half warrant [3] - Each full warrant can be exercised for a common share at a price of CAD 0.05 for a period of 24 months [3] Parbec Gold Deposit Overview - The Parbec gold deposit spans approximately 1.7 km along the Cadillac Break, recognized as one of Canada's most productive gold structures [5] - Geological modeling indicates gold mineralization within the Break and extending into the unexplored Pontiac sediments [5] Mineralization Characteristics - Mineralization at Parbec starts at the surface and is almost entirely enclosed within a Whittle Pit, which is open on strike in both directions and at depth [6] - The current pit does not extend below a depth of 300m, indicating potential for further exploration [6]