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Baru Gold Announces Appointment of Brigadier General (Ret.) Rudolf Samuel Warouw as Commissioner
Thenewswire· 2025-12-08 13:05
Core Insights - Baru Gold Corp. has appointed Brigadier General (Ret.) Rudolf Samuel Warouw as Commissioner of its Indonesian subsidiary, PT Tambang Mas Sangihe, marking a significant step in the company's strategy for operational success and community integration for the Sangihe Gold Project [1][2] Leadership Appointment - Brig. Gen. (Ret.) Warouw has a distinguished military career in the Indonesian National Armed Forces, holding critical positions such as Commander of Korem 164 and Commander of the Military Operational Implementation Command in East Timor, which were strategically important and politically influential roles [3][4] - His military service included responsibilities for security, territorial control, and intelligence coordination in East Timor, where he successfully reduced corruption and increased transparency [4] Local Engagement and Community Relations - Warouw's deep roots in Minahasa, North Sulawesi, and his trusted relationships with local community leaders position him to effectively engage stakeholders and foster trust, which is essential for the Sangihe Gold Project [5][6] - His commitment to advancing the progress of Indonesia through the Sangihe Gold Project emphasizes the importance of community development and regulatory compliance [7] Strategic Advantage - The CEO of Baru Gold, Terrence Filbert, highlighted that Warouw's extensive command experience and commitment to transparency provide the company with a strategic advantage as it seeks to secure trust and necessary approvals for the project [7] Stock Options - The company has granted 2,000,000 stock options to Brig. Gen. (Ret.) Warouw, allowing him to purchase shares at an exercise price of $0.06 for a period of two years, subject to TSX Venture Exchange approval [8] Company Overview - Baru Gold Corporation is a junior gold developer with NI 43-101 gold resources in Indonesia, aiming to become one of the country's next gold producers [9]
Arizona Gold & Silver Drills Multiple Higher Grade Gold Intervals within Significantly Wider Mineralized Structure - 76.5 Metres at 2.36 gpt Gold and 16.24 gpt Silver Beginning at 265.8 Metres on the Philadelphia Project, Arizona
Thenewswire· 2025-12-08 12:30
Core Insights - Arizona Gold & Silver Inc. has reported positive assay results from core hole PC25-157, indicating a wider mineralized structure with significant gold and silver presence [1][2] - The ongoing drilling with core hole PC25-158 is expected to further enhance the understanding of the mineralization along the corridor [1][5] Summary of Core Hole PC25-157 - Core hole PC25-157 intersected stockwork quartz-calcite mineralization in various rock types, starting at a depth of 265.85m and continuing to 342.38m, with an average gold grade of 2.36 grams per tonne (gpt) and silver grade of 16.24 gpt [2][3] - High-grade intervals were noted, including 6.28m at 7.02 gpt gold and 13.93 gpt silver, and 1.52m at 13.80 gpt gold and 39.70 gpt silver [3][4] - The mineralization in this hole is located approximately 200m east of previous drill holes, which encountered mineralization in granite rather than andesite [2][4] Summary of Core Hole PC25-158 - Core hole PC25-158 is designed to intersect the Perry Vein and has encountered abundant stockwork quartz-calcite veining, with visual indications of thicker mineralized zones compared to PC25-157 [5] - The hole penetrated the Perry Vein at depths of 335.5m to 339.9m before entering barren andesite, and was terminated at 374.08m [5] Company Overview - Arizona Gold & Silver Inc. is focused on exploring precious metal resources in Arizona and Nevada, with a commitment to sustainable practices and innovative exploration techniques [10]
TSX-V: TT announces Closing of Tranche 1 Flow-Through Financing for $5.2MM
Thenewswire· 2025-12-08 11:15
Core Viewpoint - Total Metals Corp. has successfully closed the first tranche of its non-brokered private placement financing, raising gross proceeds of C$5,216,454 through the issuance of Critical Minerals Flow-Through Units and National Flow-Through Units [1][4]. Financing Details - The company issued 3,056,481 CMFT Units at a price of C$1.15 per unit, each consisting of one common share and one-half of a common share purchase warrant [2]. - Additionally, 1,620,477 Flow-Through Units were issued at a price of C$1.05 per unit, each comprising one flow-through common share and one-half of a warrant [3]. - The total cash finder's fees paid in connection with the offering amounted to C$312,987.24, along with the issuance of 280,618 non-transferable finder warrants [5]. Use of Proceeds - The gross proceeds from the offering will be allocated to eligible "flow-through critical mineral mining expenditures" and "flow-through mining expenditures," which will be renounced to subscribers by December 31, 2026 [4]. - The net proceeds are intended for advancing the company's wholly owned Electrolode Project, as well as the High Lake and West Hawk Lake Projects [6]. Project Overview - Total Metals Corp. is focused on its 100% owned Electrolode project, which spans 3,000 contiguous hectares and targets high-potential mineral resources in favorable geological trends [7]. - The Electrolode project is strategically located near major mines and is fully permitted for exploration drilling, featuring 10 historic mineralized zones with significant expansion potential [7]. - The High Lake project has significant exploration potential, particularly in the Purex Zone, while the West Hawk Lake project consists of 23 mining claims totaling 336 hectares [7].
Norsemont Announces $10 Miillion Financing With Strategic Investors
Thenewswire· 2025-12-08 07:15
Core Viewpoint - Norsemont Mining Inc. is initiating a CAD$10 million non-brokered private placement of unsecured convertible debenture units to support its operations and project advancements [1][5][6] Financing Details - The offering consists of convertible debenture units priced at US$1,000 each, convertible into common shares at CAD$0.86 per share, along with 802 transferable common share purchase warrants priced at CAD$1.00 per share [1] - The convertible debentures will bear an interest rate of 5.25% per annum and have a maturity date of three years from the closing date [1] - The financing is expected to close on December 17, 2025, pending the standard notice period required by the Canadian Securities Exchange [2] Conversion and Acceleration Rights - If the common shares exceed CAD$3.00 for 10 consecutive trading days, the company may issue a notice for automatic conversion of the convertible debentures into common shares [3] - If the common shares close at CAD$1.75 or greater for 10 consecutive trading days, the company may accelerate the expiry of the warrants [4] Use of Proceeds - Proceeds from the offering are intended for general working capital and to advance the Choquelimpie Gold-Silver-Copper project [5] Company Overview - Norsemont Mining holds a 100% interest in the Choquelimpie project, which has an indicated mineral resource estimate of 1,731,000 gold ounces and 33,233,000 silver ounces [9] - The project is located in northern Chile and has significant existing infrastructure, including a 3,000-tonne-per-day mill [9]
Germanium Mining Corp. Enhances Visibility of Germanium Project Portfolio Through Awareness Initiatives
Thenewswire· 2025-12-07 06:25
Group 1: Company Announcements - The company has entered into agreements with specialized firms to enhance its visibility in the global Germanium market and promote its 100% interest in the Lac du Km 35 Germanium Property in Quebec, Canada [1] - The company will retain Venture Liquidity Providers Inc. (VLP) for market-making services to maintain a consistent trading market for its common shares, starting December 8, 2025 [2][3] - The company has agreed to pay VLP CAD $5,000 per month for its services, with an initial term of three months and the possibility of renewal [3] Group 2: Marketing and PR Services - The company has entered into an agreement with Frank Haentjes for business development and corporate awareness services, starting December 8, 2025, with compensation of up to EUR €15,000 per month [5] - The company has a marketing agreement with Plutus Invest and Consulting GmbH for marketing and communications services from December 4, 2025, to June 4, 2026, with an initial fee of EUR €50,000 [6][7] - The company will not issue any securities to Plutus as compensation for the media services provided [7]
Cascade Copper Announces Critical Mineral Flow-Through and Non-Flow-Through Financing
Thenewswire· 2025-12-06 01:30
Core Points - Cascade Copper Corp. is conducting a non-brokered private placement to raise up to CDN$600,000 for its early 2026 exploration programs [1] - The offering includes a Critical Minerals flow-through component and a non-flow-through component, with specific pricing and terms for each [2][3] - The proceeds from the flow-through shares will primarily fund drilling programs in British Columbia and Ontario, while proceeds from non-flow-through units will cover general operating expenses [3] Offering Details - The flow-through units are priced at $0.04 each, consisting of one flow-through common share and one-half non-flow-through share purchase warrant, with full warrants exercisable at $0.05 for 36 months [2] - The non-flow-through units are priced at $0.035 each, comprising one common share and one-half non-flow-through warrant, also exercisable at $0.05 for 36 months [2] - The offering is expected to close in tranches, with the first tranche anticipated by late December, subject to necessary approvals [4][8] Regulatory and Compliance - The company intends to renounce qualifying expenditures to subscribers of flow-through units for the fiscal year ending December 31, 2025, and incur necessary expenditures by December 31, 2026 [5] - The offering is available to existing shareholders under specific exemptions, limiting individual investments to a maximum of $15,000 unless certain conditions are met [6] - All securities issued will be subject to a four-month hold period under Canadian securities laws [8] Company Overview - Cascade Copper is focused on the evaluation, acquisition, and exploration of copper-based mineral resource properties, particularly in British Columbia and Ontario [9] - The company employs modern technology for exploration, including 3D inversion modeling and AI-enhanced predictive modeling [9] - Cascade has five projects, including the Copper Plateau Copper-Moly Project and the Centrefire Copper Project, with drilling planned for several projects this year [9]
Giant Mining Corp. Announces Results of Shareholders' Meeting and Management Update
Thenewswire· 2025-12-05 23:00
Group 1: Annual General Meeting Results - Giant Mining Corp. held its annual general meeting on December 4, 2025, where shareholders voted in favor of all proposed matters [1] - The number of directors was set at four, with David Greenway, Larry Segerstrom, Andrew Mugridge, and Bradley Dixon elected as directors until the next annual meeting [1] - SHIM & Associates LLP was re-appointed as the Company's auditor for the upcoming year [1] - The new omnibus incentive plan was ratified and approved by the shareholders [1] Group 2: Management Update - Mr. John Percival has been appointed as the non-executive chairman of the board of directors effective December 5, 2025 [2] Group 3: Company Overview - Giant Mining focuses on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects to meet the increasing global demand for critical metals [3] - The demand for these metals is driven by initiatives like the Green New Deal in the U.S. and similar climate-focused programs worldwide [3] Group 4: Flagship Asset - The flagship asset of Giant Mining is the Majuba Hill Copper, Silver, and Gold District, located 156 miles (251 km) from Reno, Nevada [4] - Majuba Hill benefits from a mining-friendly regulatory environment and strong local infrastructure, indicating significant copper potential [4]
China Gold International Issues Clarification on Market Movement
Thenewswire· 2025-12-05 23:00
Core Viewpoint - China Gold International Resources Corp. Ltd. is not aware of any undisclosed material information that could explain the recent increase in its share price and trading volume [1] Company Overview - China Gold International Resources is a gold and base metal mining company incorporated in British Columbia, Canada, operating two mines: the CSH Gold Mine in Inner Mongolia and the Jiama Copper-Gold Polymetallic Mine in Tibet [2] - The company's objective is to enhance shareholder value by increasing production at existing operations, expanding its resource base, and pursuing new projects internationally [2] - The company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKEx: 2099) [2]
Hybrid Power Solutions files Amended Life Offering Document and provides update on Financing
Thenewswire· 2025-12-05 22:15
Core Viewpoint - Hybrid Power Solutions Inc. has filed an amended and restated Life Offering Document to facilitate a non-brokered private placement aimed at raising between approximately CDN$1,000,000 and CDN$2,000,000 through the sale of units priced at CDN$0.06 each [1][3]. Group 1: Offering Details - The Offering will consist of a minimum of 16,666,667 and up to 33,333,333 units, each unit comprising one common share and one whole common share purchase warrant [3][4]. - Each warrant will be exercisable at CDN$0.10 per share for 24 months, with an acceleration clause if the share price exceeds CDN$0.20 for 20 consecutive trading days [4]. - The net proceeds from the Offering will be allocated for company operations, product research and development, sales growth initiatives, marketing, and general corporate purposes [6]. Group 2: Regulatory and Compliance - The units will be offered to purchasers in Canadian provinces (excluding Quebec), the United States, and offshore jurisdictions under the Listed Issuer Financing Exemption [7]. - Securities issued under this exemption will not be subject to a hold period in Canada, allowing for immediate trading [7]. - The Offering is subject to regulatory approvals, including that of the Canadian Securities Exchange [8]. Group 3: Company Background - Hybrid Power Solutions Inc. is a Canadian clean energy innovator focused on developing portable power systems that eliminate the need for fossil fuels in off-grid applications [11].
Fidelity Minerals Announces Appointment of Ryan Batros as CEO and Closing of Second and Final Tranche of Non-Brokered Private Placement
Thenewswire· 2025-12-05 21:15
Company Leadership - Fidelity Minerals Corp. has appointed Ryan Batros as the new Chief Executive Officer, succeeding Ian Graham, who will remain as an independent Board member [1][2] - Ryan Batros brings over 20 years of experience in the financial services industry, with expertise in stockbroking, corporate advisory, equity capital markets, and investor relations [2] Private Placement - The Company has closed the second tranche of a non-brokered private placement, issuing 1,500,000 units at a price of $0.10 per unit, resulting in gross proceeds of $150,000 [3] - In total, the Company issued 15,000,000 units across both tranches, raising $1,500,000 [3] - Metals One Plc acquired 5,000,000 units for $500,000, representing 12.47% of the outstanding shares on a non-diluted basis and 17.61% on a partially diluted basis [4] Use of Proceeds - The net proceeds from the financing will be utilized to advance exploration and community relation programs in Peru, as well as for corporate working capital purposes [7] Securities and Regulatory Compliance - The securities issued in the second tranche are subject to a four-month hold period, expiring on April 6, 2026 [8] - The closing of the private placement is subject to final approval from the TSX Venture Exchange [11] Company Overview - Fidelity Minerals Corp. focuses on high-quality mining assets, particularly targeting large-scale copper and gold deposits, with a primary emphasis on the Las Huaquillas project in Northern Peru [12] - The Company aims to opportunistically expand its project portfolio through accretive acquisitions and is supported by an experienced management team and sophisticated investors [12]