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King Global Announces Change Of Auditors
Thenewswire· 2025-10-02 22:20
Company Overview - King Global Ventures Inc. has appointed Davidson & Co. LLP as its new auditor, effective until the next annual meeting of shareholders [1][2] - The former auditor, Saturna Group Chartered Professional Accountants LLP, resigned on September 29, 2025, and their reports for the fiscal years ended December 31, 2023, and December 31, 2024, did not contain a modified opinion [3] Consulting Agreement - The company has entered into a Consulting Agreement with David Reavis for a 12-month period, granting him 100,000 options at $0.85 for two years, with 25% vesting every three months [5] Exploration Projects - King Global Ventures focuses on the exploration of precious and base metals in North America, particularly the Black Canyon Project in Arizona, which covers 4,000 acres and includes 15 former operating mines [5] - The Black Canyon Project targets copper-gold-silver-zinc mineralization and is located 100 km north of Phoenix, Arizona [5] - The Howard Copper Mine Property, part of the Black Canyon Project, is situated on 78 acres of patented land and has a history of high-grade copper production [6] - The Mikwam Gold Property is located in Ontario's Abitibi Greenstone Belt and contains disseminated and vein-hosted gold mineralization [7] - A historical inferred mineral resource of 1,810,000 tonnes grading 2.34 g/t gold, containing 136,000 ounces of gold, was reported for the Mikwam Property, but this estimate is not current and should not be considered as such [8]
Headwater Gold Receives Drill Permit for Lodestar Project, Nevada
Thenewswire· 2025-10-02 21:30
Vancouver, British Columbia, October 2, 2025 – TheNewswire - Headwater Gold Inc. (CSE: HWG) (OTCQB: HWAUF) (the "Company" or "Headwater") is pleased to announce it has received approval for the Lodestar Plan of Operations from the U.S. Forest Service and is authorized to commence drilling activities. Mobilization of earth work equipment to site will begin immediately in preparation for an inaugural up to 3,500 metre drill program. The Lodestar project is located in the Walker Lane mineral belt in western N ...
VanadiumCorp Resource Shareholders Approve All Matters at AGM
Thenewswire· 2025-10-02 21:05
Core Insights - VanadiumCorp Resource Inc. has successfully held its 2025 annual shareholders' meeting, with all resolutions approved by shareholders [1] - The company is focused on advancing its strategic initiatives in critical mineral resources to create value for shareholders and stakeholders [2] Company Overview - VanadiumCorp is a Canadian exploration company with full ownership of two key properties in Québec: the Lac Doré property and the Iron-T property, with Lac Doré recognized as a premier undeveloped vanadium resource in North America [3] - The Iron-T deposit shares similar geology with Lac Doré and is characterized by low impurity levels and high metallurgical recoveries, reflecting the company's commitment to a sustainable supply of critical minerals [3] Technological Advancements - The company is developing its proprietary VanadiumCorp Electrochem Processing Technology (VEPT) to extract vanadium, titanium, and potentially high-grade iron from vanadiferous titanomagnetite deposits, aiming for a stable supply of critical metals [4] - An initial electrolyte pilot plant has been constructed in Val-des-Sources, Québec, to evaluate the quality of extracted materials and initiate commercial-scale production of electrolytes for Vanadium Redox Flow Batteries (VRFBs) [5]
Generation Uranium Announces Closing of First Tranche of Oversubscribed Private Placement
Thenewswire· 2025-10-02 21:00
Core Points - Generation Uranium Inc. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of $167,500 through the issuance of 3,350,000 units at a price of $0.05 per unit [1][4] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.10 for two years [2] - The company has paid a cash commission and issued 24,000 non-transferable broker warrants to Haywood Securities Inc. as finder's fees [3] Financial Details - The total gross proceeds from the first tranche amount to $167,500 [1] - The price per unit is set at $0.05, with each warrant priced at $0.10 for future purchases [2] - The net proceeds will be allocated for general working capital, corporate purposes, and ongoing exploration activities [4] Regulatory Information - The securities issued are subject to a statutory hold period of four months and one day, expiring on February 3, 2026 [4] - The offering is pending final approval from the TSX Venture Exchange [4] Company Overview - Generation Uranium is engaged in the exploration and development of mineral properties, holding a 100% interest in the Yath Uranium Project located in Nunavut [5]
Planet Ventures Inc. Announces Normal Course Issuer Bid
Thenewswire· 2025-10-02 20:15
Core Points - Planet Ventures Inc. intends to renew its normal course issuer bid (NCIB) through the Canadian Securities Exchange (CSE) [1] - The renewed NCIB allows for the purchase of up to 10,206,333 common shares, representing 5% of the issued and outstanding shares [2] - The company's management believes the current market price does not reflect the underlying value of the business, and the NCIB aims to purchase undervalued shares [3] Summary by Sections NCIB Details - The renewed NCIB will commence on October 6, 2025, and end on October 5, 2026, unless the maximum number of shares is purchased earlier [5] - The previous NCIB, which started on July 16, 2024, allowed for the purchase of up to 10,531,283 shares, with 6,499,000 shares repurchased at an average price of $0.03 per share [4] Management's Perspective - The board and management believe that repurchasing shares when undervalued is a suitable use of the company's funds and in its best interests [3] - The company plans to appoint Ventum Financial Corp. to conduct the renewed NCIB, with the actual number of shares purchased depending on market conditions [6] Company Overview - Planet Ventures Inc. is an investment issuer focused on investing in disruptive companies and industries with high growth potential [7]
Prismo Metals Announces Results of Shareholder Meeting and Security Based Compensation Grants
Thenewswire· 2025-10-02 18:25
Core Points - Prismo Metals Inc. held its annual general and special meeting of shareholders on October 2, 2025, where all matters were approved [1] Group 1: Shareholder Meeting Outcomes - Shareholders elected a board of directors consisting of Alain Lambert, Louis Doyle, Craig Gibson, and Martin Dupuis [2] - The re-appointment of the current auditor, DeVisser Gray LLP, was approved by shareholders [2] - Shareholders adopted a new long-term incentive plan allowing for a "rolling up to 20%" [2] - The continuance of the Company from Canada into British Columbia under the Business Corporations Act was approved [2] - A potential new corporate name was also approved, subject to the directors' determination [2] Group 2: Stock Options and Restricted Share Units - The Company granted a total of 850,000 stock options to certain directors and officers, and 100,000 options to a consultant, each exercisable at $0.15 for five years [3] - The stock options will vest over one year, with one-quarter vesting every three months [3] - An aggregate of 725,000 restricted share units (RSUs) were issued to certain directors and officers, with each RSU entitling the holder to one Common Share upon vesting [4] - The RSUs will also vest over one year, with one-quarter vesting every three months [4] Group 3: Company Overview - Prismo Metals Inc. is a mining exploration company focused on advancing its Silver King, Ripsey, and Hot Breccia projects in Arizona, as well as its Palos Verdes silver project in Mexico [4]
Tenth Avenue Petroleum Announces Cfo Transition And Amendment To Stock Option Grant
Thenewswire· 2025-10-02 18:20
Group 1 - Tenth Avenue Petroleum Corp. announced the resignation of Sonja Kuehnle as VP Finance & CFO, effective December 28, 2025, to pursue other professional opportunities [1] - The company will initiate a search for a permanent successor and Kuehnle will assist in the transition [1][2] - Cameron MacDonald, President & CEO, expressed gratitude for Kuehnle's contributions since her appointment on May 9, 2023 [2] Group 2 - The company plans to amend its previously stated Stock Option grant to Boardmarker Group, reducing the number of stock options from 200,000 to 58,000, while maintaining the exercise price at $0.10 [3] - Tenth Avenue Petroleum Corp. is engaged in the acquisition, development, and production of oil and gas in the Western Canadian Sedimentary Basin, focusing on Mannville development in Southern Alberta [4] - The company aims to unlock significant resources through a low-risk acquisition strategy and modern completion techniques [4]
Quantum Completes Second Airborne Survey at NMX East Project in Quebec
Thenewswire· 2025-10-02 12:00
Core Insights - Quantum Critical Metals Corp. has confirmed a magnetic anomaly on its NMX East Property that is similar to the Nisk deposit, indicating potential for valuable mineralization [1][4][5] Group 1: Survey Results - The company completed two airborne surveys in September 2025, with the first survey revealing a magnetic anomaly that led to a follow-up investigation through a second survey [2] - The second TDEM survey identified high-quality bedrock conductors at greater depths than previously achievable with VLF-EM technology [2] Group 2: Geological Context - The NMX East Property is situated in the James Bay region of Québec, known for its lithium, nickel, and platinum group elements (PGE) [3] - The magnetic anomaly detected is comparable in amplitude, strike, shape, and size to that found at the Nisk deposit, based on public results from another MAG-TDEM survey [4] Group 3: Future Plans - The company is planning detailed drill targets for the NMX East and intends to apply for drill permits in the upcoming weeks [4][5] - CEO Marcy Kiesman expressed optimism about the findings and the ongoing activities in the James Bay area, indicating further updates will be provided to shareholders [5] Group 4: Company Overview - Quantum Critical Metals Corp. is a Canadian mineral exploration company focused on advancing critical metals projects, with a portfolio that includes various promising assets in Québec and British Columbia [9]
REV Doubles Size of JMW Gold Property in Chibougamau Camp
Thenewswire· 2025-10-02 12:00
Core Insights - REV Exploration Corp. has entered into a Definitive Agreement to acquire 41 mining claims, effectively doubling the size of its JMW Gold Property to approximately 40 sq. km in northern Quebec's Chibougamau Camp [1][2] Company Overview - REV is a mineral exploration company with a portfolio of gold and battery metal properties in Quebec, including JMW and Maxwell, and has exposure to the Natural Hydrogen sector in Alberta and Saskatchewan [4] Transaction Details - The acquisition involves a cash payment of $35,000 and the issuance of $40,000 worth of common shares to the Vendor upon closing, along with a 1.0% Net Smelter Return (NSR) in favor of the Vendor, with a buyback option for REV at $750,000 [5] Exploration Potential - The JMW Gold Property is noted for its advanced prospect status, with over 30 historical diamond drill holes indicating apparent gold enrichment along a 6 km long felsic complex [2]
Stellar AfricaGold Inc Intersects Multiple Wide High-Grade Gold Zones including 13 meters of 6.12 g/t Au in First Drill Hole at Tichka Est; Drill Program Continues.
Thenewswire· 2025-10-02 11:00
Core Insights - Stellar AfricaGold Inc. has reported significant assay results from its first drill hole at the Tichka Est Gold Project, indicating a promising gold system with confirmed mineralization at depth [1][10]. Drilling Results - The first drill hole TCK-001 intersected 13 meters of 6.12 g/t Au, including 2 meters of 22.28 g/t Au, and 16 meters of 1.98 g/t Au, including 1 meter of 11.55 g/t Au [3][4]. - A total of 492.8 meters of diamond core has been drilled across three holes in Zone B, with drilling progress averaging approximately 10.5 meters per day [3][11]. Geological Model - The mineralization is primarily hosted in sub-horizontal diorite sills, confirming the continuity of favorable lithology [3][9]. - Two well-defined mineralized zones were identified: Diorite 1 (16 m of 1.98 g/t Au) and Diorite 2 (13 m of 6.12 g/t Au) [9]. Operational Update - Drilling operations faced challenges such as fractured zones and weather-related impacts, but core recoveries exceeded 99% [12][16]. - The company plans to continue its 1,500-meter diamond drill program to test lateral continuity and down-dip extensions of the mineralized zones [17]. Future Plans - Management expressed confidence in the potential of the Tichka Est Gold Project and plans to expand the drilling program to explore additional targets [13]. - Surface reconnaissance exploration will continue across the 82 km² permit area, focusing on other areas of interest [13][14].