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Northern Lights Resources Announces Non-Brokered Private Placement
Thenewswire· 2025-12-05 12:30
Core Points - Northern Lights Resources Corp. is raising gross proceeds of up to C$350,000 through an offering of units priced at $0.10 per unit, each consisting of one common share and one common share purchase warrant [1] - The proceeds will be allocated for exploration on the company's properties and for general corporate purposes [2] - The securities issued will be subject to a hold period of four months and one day from the closing date of the offering under Canadian securities laws [2] Company Overview - Northern Lights Resources Corp. is focused on exploration and development, advancing three key projects: the Horetzky Copper Project in British Columbia, the Pup Copper Project in Yukon, and the Secret Pass Gold Project in Arizona [6] - The company also holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada, owned by Torex Gold Resources Inc. [6] - Northern Lights Resources trades under the ticker "NLR" on the CSE and "NLRCF" on the OTC [7]
Mithril to Acquire the La Dura Gold-Silver Property Adjacent to its Flagship Copalquin Property, Durango State, Mexico
Thenewswire· 2025-12-05 12:30
Core Viewpoint - Mithril Silver and Gold Limited has executed a Purchase Option to acquire the La Dura gold-silver property in Durango State, Mexico, which is strategically located near its flagship Copalquin property, indicating potential for resource expansion and development [1][2]. Company Overview - Mithril has a strong foundation of knowledge at La Dura, having conducted exploration work on the property in 2017-2018, positioning the company well to unlock value [3]. - The La Dura property consists of 5 contiguous mining concessions covering a total area of 2,052 hectares, located less than 5 km from El Durazno and 20 km from the Copalquin District property [3][5]. Property Details - The La Dura property hosts several historic mines, including a notable 4-level gold-silver mine with a processing facility capable of handling 60 tonnes per day [3]. - The property has a significant historic database of mining records and data from various sampling campaigns conducted from the 1990s to 2018, with the mine last operating in 2013 [3]. Transaction Terms - Mithril has an exclusive option to purchase 100% interest in the La Dura concessions over a period of 4 years for a total payment of US$4 million [3][10]. - The initial payment upon execution of the Purchase Option Agreement is US$25,000 and the issuance of 50,000 ordinary shares, with a structured payment schedule for the remaining amounts [8][9][14]. Exploration Plans - The company is committed to completing LiDAR and aerial magnetic surveys over the property within the first year and a minimum exploration expenditure of US$200,000 in the second year [3][11]. - Upcoming surveys are expected to provide an initial assessment of the prospectivity across the 20 km² concession area, leading to detailed mapping, sampling, and future drill testing [2][3]. Mining District Context - The Copalquin mining district, where La Dura is located, covers an area of 70 km² and contains several historic gold and silver mines, indicating a rich mineralization potential [11]. - The district is part of the Sierra Madre Gold Silver Trend, known for its significant gold and silver deposits, enhancing the strategic value of the La Dura acquisition [12].
Vitalist Secures Facer for VitalOS
Thenewswire· 2025-12-05 12:30
CALGARY, AB, CANADA – TheNewswire - December 5, 2025 – Vitalist Inc. (TSX-V: VITA; OTCQB: VTLSF) (“Vitalist” or the “Company”), the developer of the VitalOS™ operating system, is partnering with Facer - a leading watch face platform, to bring over 500,000 watch faces from some of the best brands and independent designers in the world to VitalOS smartwatches. Facer is the first key building block in what will be a vibrant ecosystem of 3rd party VitalOS watch apps for Vitalist. The three-year partnership ...
Early Warning Disclosure
Thenewswire· 2025-12-04 23:10
Core Viewpoint - Sendero Resources Corp. has announced an updated early warning report filed by investor Peter Marrone regarding his securities holdings in the company, triggered by market purchases and a recent private placement [1][2]. Group 1: Investor's Holdings and Actions - The investor has acquired beneficial ownership of 69,300 shares through market purchases on October 15 and October 20, 2025 [3]. - The investor also acquired 421,000 shares through a brokered private placement [3]. - The investor's total beneficial ownership now stands at 2,156,966 common shares and 1,666,666 common share purchase warrants, representing approximately 8.94% of the company's issued and outstanding shares on an undiluted basis and approximately 14.82% on a partially diluted basis [3]. Group 2: Future Intentions and Corporate Actions - The investor has no current intentions to acquire additional securities or sell existing holdings but will work with the company to explore new business opportunities [2]. - Potential future actions by the investor may include corporate transactions such as mergers, reorganizations, or changes in the board of directors, although no specific plans are in place at this time [2].
MetalQuest Mining Announces Non-Brokered Private Placement
Thenewswire· 2025-12-04 20:50
Core Points - MetalQuest Mining Inc. announced a non-brokered private placement financing of up to 8,333,333 flow-through units and up to 6,000,000 non-flow-through units, aiming to raise gross proceeds of up to $1,500,000 and $1,020,000 respectively [1][4] Group 1: Financing Details - The flow-through units (FT Units) will be priced at $0.18 each and consist of one common share and one-half of a share purchase warrant, with a total potential raise of $1,500,000 [1][2] - The non-flow-through units (NFT Units) will be priced at $0.17 each, consisting of one common share and one-half of a share purchase warrant, with a total potential raise of $1,020,000 [1][3] - Each whole warrant for both FT and NFT Units allows the holder to purchase an additional common share at an exercise price of $0.40 for two years from closing, subject to TSX Venture Exchange approval [2][3] Group 2: Use of Proceeds - Proceeds from the FT Unit private placement will be allocated to the Superior Iron Project and other flow-through eligible properties in Quebec and Canada [4] - Proceeds from the NFT Unit private placement will be used for working capital and exploration [4] Group 3: Insider Participation - Insiders and existing control persons of the Company will participate in the private placement, which constitutes a related party transaction under Multilateral Instrument 61-101 [5] - The Company intends to rely on exemptions from formal valuation and minority shareholder approval requirements, as the insider participation is not expected to exceed 25% of the Company's market capitalization [5]
Cameo Completes its Induced Polarization Survey at Katoro
Thenewswire· 2025-12-04 14:30
Core Insights - Cameo Resources Inc. has completed the field data collection from its initial Induced Polarization (IP) geophysical survey at the Katoro Gold Property in Tanzania, indicating high prospectivity for gold mineralization [1][3][4] Summary by Sections IP Survey Highlights - The IP survey covered 58 line-kilometers across 5 grids, totaling an area of 3.1855 square kilometers, revealing multiple targets with high chargeability readings up to 250 mV/V [2][4] - The raw data has been handed over to Dr. Didas M. Mabula for expert processing and interpretation, with a final report expected within two weeks [2][4] Drilling Plans - The company aims to fast-track the selection of priority drill targets, with groundwork completed and drilling expected to commence in early January [3][4] - This will mark the first drilling campaign at the Katoro Property, with initial results suggesting mineralization depths comparable to known deposits in the region [3][4] Property Overview - The Katoro Gold Property spans 19.58 square kilometers within the Sukumaland Greenstone Belt, a significant mining area in Tanzania known for multi-million-ounce gold deposits [9][11] - The property has been previously mined by artisanal miners, with geological features indicating potential for gold mineralization [9][11]
Windfall's AI System Flags Major 3,4 km Grassroot Gold target, Showcasing the Power of Digital Exploration in Casa Berardi, Quebec
Thenewswire· 2025-12-04 14:00
Core Insights - Windfall Geotek Inc. has identified a 3 km grassroots gold target in the Casa Berardi region of Quebec using its proprietary AI System, which analyzes publicly available geological datasets [1][2] AI System Capabilities - The AI System analyzed over 24,000 historical gold-bearing assays and scored more than 5.2 million cells, reducing the search area by up to 98–99% and significantly enhancing exploration efficiency compared to traditional methods [2] Company Developments - Windfall does not hold ownership interest in the properties referenced and conducted the analysis solely to showcase its AI exploration technology [3] - André Larente, CEO/President of Diagnos, has joined Windfall's Advisory Committee, bringing extensive experience in technology and operations [4] - A total of 13 million Stock Options have been granted to directors, officers, employees, and consultants, exercisable at $0.05 CAD per share for five years [4] Business Strategy - Windfall aims to validate selected AI-generated targets to demonstrate the power and reliability of its AI system, expanding its expertise into life-saving applications such as landmine and UXO detection [5] Company Overview - Windfall Geotek is recognized as a global leader in AI-driven mineral exploration, focusing on turning complex geoscience data into high-potential discoveries with speed and accuracy [5][6]
Hybrid Power Solutions Announces Sale of Hybrid Spark Cube Unit for Haiti through Distribution Partner The Solar Store
Thenewswire· 2025-12-04 13:35
Toronto, Ontario – TheNewswire - December 4, 2025 – Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) ("Hybrid" or the "Company") is proud to announce that its new distribution partner, The Solar Store, has completed the sale of a Spark Cube 30 kWh rugged mobile power system destined for embassy infrastructure in Haiti. The purchase was made on behalf of the Canadian Department of Foreign Affairs, Trade and Development to support essential services in regions affected by ongoing infrastruct ...
EVSX Provides Corporate Update
Thenewswire· 2025-12-04 13:10
Group 1 - St-Georges Eco-Mining Corp. provides an update on its battery processing subsidiary, EVSX Corp., located in Thorold, Ontario, focusing on the ramp-up of full-scale operations [1][2] - The company aims to develop reliable, profitable, and scalable operations while optimizing efficiency to reduce operating costs, particularly in a market with tight margins [2][3] - Modifications to the multi-chemistry line have resulted in a tenfold increase in throughput, enhancing profitability and scalability [6] Group 2 - EVSX operates a state-of-the-art multi-chemistry battery processing line with a capacity of 10,000 metric tons per year, recovering critical battery metals and repurposing materials back into the supply chain [7] - The plant is strategically located in Thorold, Ontario, within a major hub for battery collection and near the largest automotive cluster in North America, including major manufacturers like Ford and General Motors [8] - The company has secured a three-year battery supply contract with Call2Recycle and holds all necessary regulatory permits for processing various battery chemistries [4][7]
Cascade Copper Welcomes Noah Komavli as a Strategic Advisor
Thenewswire· 2025-12-04 13:00
Core Insights - Cascade Copper Corp. has appointed Noah Komavli as an Advisor, enhancing its advisory board with his extensive experience in industrial engineering, capital markets, and project management [1][2][5] - Mr. Komavli has a strong background in the resource and exploration sector, having co-founded software startups and held leadership roles, including President of Ashley Gold Corp [2][3][5] - Cascade Copper focuses on advancing its copper assets in British Columbia and Ontario, utilizing modern exploration technologies [6] Company Overview - Cascade Copper is an exploration stage natural resource company engaged in the evaluation, acquisition, and exploration of copper-based mineral resource properties [6] - The company prioritizes exploration of copper and gold deposits, employing advanced technologies such as 3D inversion modeling and AI-enhanced predictive modeling [6] - Cascade Copper has five key projects, including the Copper Plateau Copper-Moly Project and the Centrefire Copper Project, with drilling planned for this year [6] Advisor's Background - Noah Komavli holds a degree in Industrial Engineering from the University of Toronto, specializing in Information Systems, and has a P.Eng license from Professional Engineers of Ontario [4][5] - His experience includes optimizing operational efficiency and enhancing value chains, which will support Cascade's exploration programs [5] - Mr. Komavli's previous achievements include the successful sale of the Icefield Portfolio to Ashley Gold Corp, which strengthened both companies' asset bases [3]