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Belmont Resources Launches Core Relogging Program at Crackingstone Uranium Project
Thenewswire· 2025-10-15 14:25
Core Insights - Belmont Resources Inc. has initiated a comprehensive core relogging and resampling program at its Crackingstone Uranium Project in Saskatchewan, marking a significant advancement in its exploration efforts within the uranium and rare-earth-rich Beaverlodge Domain [1][2] Exploration Program - The relogging and analytical work is being conducted by Axiom Exploration Group Ltd., focusing on the historic 2008 drill campaign which included 20 holes totaling 3,029.4 meters, with 44% of the core recovered for analysis [3][4] - The program aims to obtain detailed geochemical information, refine lithological classification, and evaluate the potential for rare earth element (REE) mineralization, thereby introducing dual-commodity exposure [5][6] Strategic Partnerships - Recent site visits by Belmont management and HMS Bergbau AG representatives, including Consulting Geologist Dr. Thomas Unterweissacher, highlight the strategic input from HMS, a major shareholder, emphasizing European interest in uranium and critical minerals in stable jurisdictions like Canada [7] Project Potential - The Crackingstone property is strategically located near Saskatchewan's uranium-rich Athabasca Basin, benefiting from excellent infrastructure and the potential for significant uranium resources, with historic grab sample grades of up to 15.6% U₃O₈ [9][12] - Belmont has submitted a permit application for a comprehensive drilling program consisting of 40 drill holes totaling 10,000 meters, reflecting confidence in the property's potential [12] Other Projects - Belmont is also exploring the Come By Chance property in British Columbia, which is characterized as a compelling porphyry-CRD system under active exploration [10]
Mydecine Innovations Group Closes Debt Settlements
Thenewswire· 2025-10-14 22:00
Core Points - Mydecine Innovations Group Inc. has successfully closed debt settlement agreements totaling USD $1,386,391 and CAD $9,432,107 to settle outstanding debts with various creditors [1][2] - The company issued five convertible debentures to creditors as part of the debt settlements to preserve cash for working capital and improve its financial situation [2] Debt Settlement Agreements - The company entered into debt forgiveness agreements to settle USD $1,386,391 owed to two former insiders, issuing convertible debentures with an aggregate principal amount of USD $100,000 [4] - A debt settlement agreement with CEO Josh Bartch was made to settle CAD $1,309,836 of unpaid management fees, with a convertible debenture issued for the same amount [5] - A settlement with Pioneer Garage Limited was made for CAD $7,878,792, with a convertible debenture issued under similar terms as the Bartch agreement [6] - An additional settlement with an arm's length creditor for CAD $243,479 was fully settled through a secured convertible debenture of USD $100,000, which bears interest at 1% per month [9] Share Consolidation - The company announced a share consolidation effective October 21, 2025, converting every fifty old common shares into one new common share, reducing the outstanding shares from 61,755,385 to approximately 1,235,107 [12][13] - The share consolidation aims to enhance the company's attractiveness for financing opportunities and facilitate the restructuring of existing liabilities [15]
Carrier Connect Data Solutions Inc. Announces Private Placement
Thenewswire· 2025-10-14 21:15
Core Viewpoint - Carrier Connect Data Solutions Inc. is initiating a non-brokered private placement to raise up to $3,000,000 through the sale of units priced at $0.70 each, aimed at funding M&A, working capital, and general corporate purposes [1][2]. Group 1: Offering Details - The Offering consists of up to 4,285,714 units, each unit comprising one common share and one-half of a share purchase warrant, with full warrants allowing the purchase of additional shares at $1.00 each for two years [1]. - The Offering is expected to close in November 2025, subject to customary conditions including TSX Venture Exchange approval [2]. Group 2: Company Overview - Carrier Connect Data Solutions focuses on rolling up Tier II/III data centers internationally, providing co-location and data center solutions primarily to AI companies, service providers, enterprises, and small businesses [4]. - The company operates as a carrier-neutral organization, with its principal markets located in Vancouver, Canada, and Perth, Australia, serving clients who utilize its facilities as primary or ancillary data centers [4].
Ventripoint Announces Closing of Second and Final Tranche of Non-Brokered Convertible Debenture Units Private Placement
Thenewswire· 2025-10-14 20:30
Core Points - Ventripoint Diagnostics Ltd. announced the issuance of an additional $297,000 of unsecured convertible debenture units, bringing the total to $567,000 for the Offering [1][2] - Each unit consists of a $1,000 unsecured convertible debenture and 9,000 common share purchase warrants [1] - The conversion price for the debentures is set at $0.11 per common share, with warrants exercisable at $0.14 until December 31, 2027 [2] Financial Details - The debentures mature on December 31, 2027, and carry a 10% interest rate, payable semi-annually [3] - The Corporation paid a total of $320 in cash finder's fees and issued 2,286 finder's warrants, which can be exercised at $0.11 per share for 18 months [4] - Proceeds from the Offering will be used for operational costs, sales and marketing, and general working capital [5] Regulatory and Market Information - All securities issued are subject to a four-month hold period and require approval from the TSXV [6] - The securities will not be registered under the U.S. Securities Act of 1933 and cannot be sold in the U.S. without proper registration or exemption [7] Company Overview - Ventripoint is a leader in applying AI to echocardiography, with its VMS+ products providing accurate cardiac measurements comparable to MRI [8] - The technology is versatile and compatible with all ultrasound systems, supported by regulatory approvals in the U.S., Europe, and Canada [9]
JZR Gold Announces First Concentrate From Vila Nova Gold Project
Thenewswire· 2025-10-14 20:30
Core Insights - JZR Gold Inc. has announced the production of its first gold concentrate from the Vila Nova Gold Project in Brazil, operated by ECO Mining Oil & Gaz Drilling and Exploration [1] - The project is currently undergoing further testing and optimization of its 800 tonne-per-day bulk sampling gravimetric mill to enhance efficiency and increase processing volume [1] - JZR holds a 50% net profit interest in the Vila Nova Project, acquired through a Joint Venture Royalty Agreement with ECO [2] Company Developments - The CEO of JZR expressed excitement regarding the progress at the Vila Nova Gold Project and noted that ECO has begun stock-piling material at the mill in anticipation of increased throughput [3]
[Video Enhanced] West Red Lake Gold Hits New High-Grade Lens in Lower Austin
Thenewswire· 2025-10-14 17:00
Vancouver, BC – TheNewswire - October 14, 2025 – Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On October 9, 2025, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) reported high-grade drill results from the Lower Austin Zone, which currently contains an Indicated mineral resource of 914,200 ounces, grading 6.9 grams per tonne gold, with an additional Inferred resource of 104,900 ounces grading 6.5 g/t gold.These results were drilled from the 12 Level in the Madsen ...
Ocumetics Webinar - Discussion of One-Month Postoperative Patient Results
Thenewswire· 2025-10-14 14:05
Core Insights - Ocumetics Technology Corp. is hosting a webinar to discuss one-month patient results from its initial Group 1 patients who received the Ocumetics Accommodating Intraocular Lens [1][2] - The webinar will cover updates on the first-in-human study and future steps in the development process [2][3] Company Overview - Ocumetics Technology Corp. is a Canadian research and product development company focused on advanced vision correction solutions aimed at enhancing patient quality of life [4] - The company is developing innovative intraocular lenses designed to fit within the natural lens compartment of the eye, potentially eliminating the need for corrective lenses [5] Webinar Details - The webinar is scheduled for October 15, 2025, at 6:00 PM ET, featuring CEO Dean Burns [2] - Key topics will include one-month postoperative patient results, next steps for the Ocumetics study, and a live Q&A session [6]
SPARC AI Appoints Strategic Defense Advisor to Boost Business Development and to Support U.S. and Canadian Defense Engagements
Thenewswire· 2025-10-14 13:30
Core Insights - SPARC AI Inc. has appointed a leading North American defense and government advisory firm to enhance its expansion into the U.S. and Canadian defense markets, marking a significant milestone in its growth strategy [1][2] - The advisory firm will assist in business development, government defense relations, and strategic introductions, ensuring compliance with the Lobbying Act of Canada [2] - SPARC AI's CEO stated that the company has reached a level of technological maturity suitable for deployment, with systems tested in demanding conditions [3] Company Developments - The newly appointed advisory firm will guide SPARC AI in strengthening partnerships within North America's defense ecosystem [2] - SPARC AI has expanded its drone demonstration fleet, acquiring custom-built drones to showcase its advanced technologies, including the Target Acquisition System and Autonomous Flight Engine [3] - The company's technology enables drones to operate without GPS, radar, laser, or lidar, which is crucial for operations in contested environments [3] Technology Overview - SPARC AI develops next-generation, GPS-free target acquisition and intelligence software for drones and edge devices, focusing on real-time detection and tracking without heavy sensors [4] - The flagship platform aims to provide unmatched situational awareness for defense, rescue, and commercial operators [4] - The company is committed to building a scalable software platform that will define the future of drone intelligence globally [4]
Ecolomondo Appoints Mario Mantaci, P.Eng., M.Eng. as Chief Technology Officer
Thenewswire· 2025-10-14 13:30
Core Insights - Ecolomondo Corporation has appointed Mario Mantaci as Chief Technology Officer to lead technology development and optimization, focusing on the ramp-up of the Hawkesbury TDP facility [1][5][7] Company Overview - Ecolomondo has developed its proprietary Thermal Decomposition Process (TDP) over 25 years, investing over $52 million in its first commercial facility in Hawkesbury, Ontario [2][10] - The company aims to be a leader in sustainable tire recycling and the circular economy, producing reusable commodities from scrap tires [11][14] Technology and Operations - The Hawkesbury facility is designed to process approximately 1 million scrap tires annually, producing around 4,000 MT of recovered carbon black, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [12] - Ecolomondo's TDP technology is more advanced than most pyrolysis technologies, addressing various operational challenges [19] Environmental Impact - The TDP process is expected to reduce GHG emissions by 90% compared to virgin carbon black production, with annual CO2 reductions of 15,000 tons from the Hawkesbury facility and 45,000 tons from the upcoming Shamrock facility [20] Future Plans - Ecolomondo plans to expand its TDP facilities, with the Shamrock facility projected to process 5 million tires per year, yielding significantly higher outputs than the Hawkesbury plant [13][15] - The company is also focused on achieving ISCC certification and implementing ESG initiatives to enhance operational protocols and sustainability [6][16][18]
Majestic's HKEX-Listed Subsidiary Persistence Completes HK$472 Million Private Placement
Thenewswire· 2025-10-14 13:00
Vancouver, British Columbia – TheNewswire - October 14, 2025 - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) ) is pleased to announce that its Hong Kong Stock Exchange (“HKEX”) listed subsidiary, Persistence Resources Group Ltd. (“Persistence”) (Stock Code: 2489), has completed a private placement financing (the “Private Placement”) for gross proceeds of $472 million (approximately CAD$85.2 million)(“Placement”). Pursuant to the Placement, Persistence issued 400 million common ...