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Northern Lights Commences Exploration at the Pup Project
Thenewswire· 2025-10-02 11:00
Core Insights - Northern Lights Resources Corp. has initiated exploration at the Pup Project in Yukon, Canada, focusing on the Petal Zone and two other copper targets, Gismo and Finn [1][2] Exploration Details - The exploration activities will include ground magnetic surveying, soil geochemical sampling, prospecting, hand trenching, and sample collection for thin section analyses [1] - The Petal Zone is characterized by a significant copper soil anomaly measuring approximately 850 meters long and up to 400 meters wide, with copper values reaching up to 2,962.9 ppm [3] - Initial exploration will prioritize the Petal Zone, which has previously yielded high-grade grab samples with copper content up to 3.799% [2][7] Geological Context - The Petal Zone is underlain by quartz-biotite-chlorite schist, possibly indicating a dioritic intrusive, in contact with a quartz-sericite-limonite unit [7] - The Gismo Zone, located 2 kilometers northeast of Petal, has rock sample values of up to 201.3 ppb gold and 643.2 ppm copper, while the Finn Zone, 1.5 kilometers southwest of Petal, has shown copper values up to 3,082 ppm [8] Project Overview - The Pup Project consists of 64 quartz claims covering approximately 1,300 hectares and is situated within the mineral-rich Yukon Tanana Terrane [14] - The project is accessible via rough dirt roads leading to two active placer gold mines, located about 10 kilometers west of Dawson City [14]
Golden Cariboo to Showcase Quesnelle Gold Quartz Mine Project at Munich Mining Conference 2025, October 3-4
Thenewswire· 2025-10-02 07:05
Core Points - Golden Cariboo Resources Ltd. will exhibit at the Munich Mining Conference 2025 on October 3-4, 2025, and will present on October 4 at 1:30 p.m. local time (CEST) [1][8] - The company aims to connect with European investors and update them on its exploration activities in British Columbia's Cariboo Gold District [2][5] - The Munich Mining Conference will feature 113 companies and over 1,000 registered individual investors, providing a platform for networking and discussions on commodity investments [3] Company Overview - Golden Cariboo Resources Ltd. is focused on targeted drilling and trenching programs at its Quesnelle Gold Quartz Mine property, located in the historic Cariboo Gold District [5][6] - The property spans 94,899 hectares (234,501 acres) and is situated near significant geological features, with a history of successful placer mining [5][6] - The Quesnelle Quartz gold-silver deposit has geological similarities to other major deposits, indicating potential for significant mineralization [6]
American Salars Announces A 10 For 1 Share Consolidation
Thenewswire· 2025-10-02 07:01
Core Viewpoint - American Salars Lithium Inc. is seeking approval from the Canadian Securities Exchange to consolidate its common shares on a 10:1 basis, reducing the number of outstanding shares significantly [1][2]. Share Consolidation Details - The consolidation will decrease the number of issued and outstanding common shares from 36,130,605 to approximately 3,613,060 [2]. - The company has 3,500,000 outstanding warrants, which will equate to about 350,000 common shares post-consolidation, and stock options for 3,620,000 common shares, translating to approximately 326,000 common shares post-consolidation [2]. Fractional Shares Policy - No fractional shares will be issued; any resulting fractional shares will be rounded down to the nearest whole share, with no cash compensation provided for these fractions [3]. Strategic Rationale - The board believes the share consolidation will enhance the company's flexibility for business development and financing arrangements, with no associated changes to the business model, name, or stock symbol [4]. Future Communications - The company will issue a further news release to announce the effective date of the consolidation along with new CUSIP and ISIN numbers [5]. Company Overview - American Salars Lithium is focused on exploring and developing high-value battery metals projects to cater to the growing electric vehicle market [6].
Plaid Technologies Provides Update on Upcoming Shareholder Meeting
Thenewswire· 2025-10-01 23:00
Core Viewpoint - The ongoing Canada Post labour strike may delay the distribution of the Meeting Materials for Plaid Technologies Inc.'s upcoming annual general and special meeting of shareholders scheduled for October 30, 2025 [1][2]. Group 1: Meeting Materials and Access - The Company delivered the Meeting Materials to relevant parties on September 18, 2025, but delays may occur due to the Postal Strike [2]. - Shareholders are encouraged to access the Meeting Materials electronically via the Company's SEDAR+ profile or website [1][2]. - Shareholders who have not received their Meeting Materials can request a copy via email at no charge [3]. Group 2: Voting Procedures - Registered shareholders can submit their completed proxy to Endeavor Trust Corporation by mail, fax, email, or online, with a deadline of 10:00 a.m. (PDT) on October 28, 2025 [4]. - Beneficial shareholders should contact their brokers or intermediaries to obtain a voting instruction form or proxy [6]. Group 3: Company Overview - The Company focuses on developing and commercializing graphene-enhanced concrete technology, including refining proprietary technology for graphene dispersion in cement and advancing a patent application for expanded graphite production [7].
Margaret Lake Announces Warrant Repricing
Thenewswire· 2025-10-01 20:00
Core Points - The company intends to reprice 1,665,000 of its outstanding share purchase warrants issued during a non-brokered private placement that closed on February 14, 2023 [1] - The original issuance included a total of 20,000,000 warrants with an exercise price of $0.05, expiring on February 14, 2026, which were later consolidated to 2,000,000 warrants at an exercise price of $0.50 [2] - The repricing will adjust the exercise price of the 1,665,000 warrants to $0.20, with an acceleration clause if the market price reaches $0.25 for ten consecutive trading days [3] Summary by Sections Repricing of Warrants - The company plans to reprice a total of 1,665,000 warrants, with 200,000 of these held by directors and officers being repriced on a pro rata basis [3] - The new exercise price will be set at $0.20 per warrant, with the same expiration date of February 14, 2026 [3] Approval and Governance - The proposed amendments to the warrants are subject to approval by the TSX Venture Exchange [4] - The changes have been authorized and approved by the Board of Directors [4]
Ecolomondo's Hawkesbury TDP Facility Reports Record Monthly Revenues for September
Thenewswire· 2025-10-01 17:05
Core Insights - Ecolomondo Corporation reported record revenues of C$224,175 for September 2025, marking a 325% increase from C$52,724 in September 2024, and surpassing the $200,000 monthly revenue milestone for the first time [2][4][10] Revenue Performance - The revenue streams from the Hawkesbury TDP facility include sales of recovered carbon black (rCB), oil, gas, steel, and tipping fees for scrap tire disposal [3][12] - Despite the revenue growth, the company continues to operate at a loss, estimating an operating loss of approximately $125,000 for September 2025 due to the facility's ramp-up phase [4] Customer Engagement - A major off-take customer purchased 15 truckloads of rCB (23 metric tons each), with 3 truckloads shipped in September [5] - A second U.S.-based customer has approved Ecolomondo's rCB for use in its supply chain and placed a trial order of 4 metric tons, with potential future orders of 4 to 6 truckloads per month [5] Product Quality and Environmental Impact - The Hawkesbury facility shipped 4 tanker loads of ISCC Plus certified tire-derived oil, recognized as a high-quality sustainable resource [6] - Each truckload of rCB produced prevents approximately 42 metric tons of greenhouse gas emissions, highlighting the environmental benefits of Ecolomondo's TDP technology [8][22] Operational Expansion - To support increased production, Ecolomondo is hiring and training additional staff across all departments of the Hawkesbury facility [9] - The Hawkesbury facility is expected to process approximately 1 million scrap tires per year, producing around 4,000 metric tons of rCB, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas [13] Future Projects - The Shamrock facility is projected to process 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of rCB, 18,000 metric tons of oil, and 7,500 metric tons of steel [14] Company Vision and Strategy - Ecolomondo aims to be a leading producer of recovered resources, focusing on building and operating TDP facilities in industrialized countries [15][16] - The company has received ISCC certification for its Hawkesbury facility, enhancing the commercial value of its end-products through traceability [17][18]
Critical Infrastructure Technologies Ltd. Establishes Wholly Owned Latvian Subsidiary: "Sia Citech Europe"
Thenewswire· 2025-10-01 13:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has established a new entity in Latvia, SIA CiTech Europe, as part of its global growth strategy [1][3] - The company plans to make Latvia its European Headquarters by 2026, including a manufacturing facility and dedicated sales force [2][3] - The new facility is proposed to be located in the Special Economic Zone (SEZ) in Liepaja, which offers a favorable corporate tax rate of 4% [2] Company Overview - CiTech specializes in developing autonomous, high-capacity mobile communications platforms aimed at sectors such as mining, defense, border security, and emergency services [5] - The company's first product, the Nexus 16, is designed to provide critical mobile telecommunications using patented self-deploying platform (SDP) technology [5] - The SDP addresses limitations of current communication solutions by enhancing tower strength and rapid deployment capabilities [5] Strategic Engagements - CiTech has engaged in high-level discussions with key stakeholders in Latvia, confirming the country's attractiveness for its European headquarters [3][6] - The company aims to build strong partnerships in Latvia to support defense, border security, surveillance, and innovation across Europe [3]
New Age Metals Options Bonanza Gold Project, Kenora Gold District, Ontario
Thenewswire· 2025-10-01 12:30
Core Viewpoint - New Age Metals Inc. has entered into an option agreement for the Bonanza Gold Project, which consists of 114 mining claims and 1 patented mining claim totaling 2,191 hectares, located near Kenora, Ontario, providing an opportunity to leverage modern exploration techniques in a historically under-explored area [1][2][3]. Group 1: Project Details - The Bonanza Gold Project is situated approximately 25 km southeast of Kenora and encompasses a total area of 2,191 hectares or 5,414 acres [1]. - The company has the option to acquire 100% of the project, subject to a 2% royalty, which can be reduced to 1% for a payment of $1 million [1][9]. - The project has shown high-grade mineral occurrences, with surface grab sample assays revealing gold grades up to 127 g/t [6][14]. Group 2: Market Context - The gold price is currently near historic highs, trading at approximately US$3,830 (C$5,330), which has led to increased global demand for gold [5]. - The Kenora District has seen limited modern exploration, presenting an opportunity for New Age Metals to unlock significant value through advanced exploration techniques [2][7]. Group 3: Corporate Strategy - The company aims to assemble a district-scale gold asset in Kenora to attract major gold producers, leveraging the current cash-rich environment of these companies [2]. - New Age Metals has diversified its mineral portfolio, focusing on critical metals including gold, antimony, lithium, and platinum group metals [4][23]. Group 4: Financial Commitments - The option agreement includes a series of cash payments and share issuances to the prospectors, with specific milestones tied to exploration expenditures [8][10]. - Contingent milestone payments of $250,000 are set for the completion of NI 43-101 compliant reports outlining significant gold resources [9]. Group 5: Exploration and Development - A due diligence site visit confirmed the presence of high-grade gold mineralization across multiple prospects within the project [11][12]. - The project is drill-ready with three-year permits in place, indicating readiness for immediate exploration activities [6].
Hi-View Resources Acquires 100% Interest In Harmon Peak Project In British Columbia's Toodoggone District
Thenewswire· 2025-10-01 12:30
Core Viewpoint - Hi-View Resources Inc. has acquired 100% ownership of the Harmon Peak Project, a 451.5-hectare property located in British Columbia's Toodoggone District, known for its potential in gold, silver, and copper mineralization [1][3]. Company Overview - Hi-View Resources Inc. is a Canadian mineral exploration company focused on advancing a portfolio of gold, silver, and copper assets in the Toodoggone region, covering over 26,400 hectares [11]. - The company's flagship project, Golden Stranger, is fully permitted with 45 drill-ready sites and has historical highlights of 10 meters grading 11.55 g/t gold and samples up to 111.5 g/t gold and 2,740 g/t silver [11]. Project Details - The Harmon Peak Project is strategically located near significant deposits and projects, including the Lawyers deposit and the Thesis Ranch project, enhancing its exploration potential [1][3]. - The geological setting of Harmon Peak is favorable for porphyry systems, underlain by lower Hazelton volcanics and associated with the Black Lake Intrusive Suite, which is regionally linked to porphyry mineralization [2]. Historical Exploration - Historical work at Harmon Peak has identified strong copper, gold, and silver anomalies, with notable geochemical results including 355 ppm Cu and silver stream sediment anomalies of 1,409 ppb and 932 ppb [8]. - Previous exploration efforts have documented significant mineralization, including samples with 1.79% Cu, 42.2 ppm Ag, and 2.4 ppm Au, indicating a robust mineralized system [9][13]. Agreement Terms - Under the acquisition agreement, the vendors will retain a 2% NSR royalty on the property, with Hi-View having the option to repurchase 1% for a one-time payment of $1,000,000 [9].
Bitcoin Well Announces Debt Settlement and Quarterly ATM Program Update
Thenewswire· 2025-10-01 12:10
Core Viewpoint - Bitcoin Well Inc. announces the settlement of debt through the issuance of shares and provides a quarterly update on its at-the-market equity program, indicating ongoing financial activities and strategies to manage debt and raise capital [2][6]. Debt Settlement - The company has a total debt of C$212,599 as of September 30, 2025, related to certain use of bitcoin agreements and a convertible debenture agreement [2]. - Bitcoin Well plans to settle C$98,787 by issuing 681,290 common shares at a deemed price of C$0.145 per share and C$113,812 by issuing 981,137 shares at a deemed price of C$0.116 per share [2][3]. - The debt settlement is subject to approval from the TSX Venture Exchange and will have a statutory hold period of four months and one day from the issuance date [3]. Related Party Transaction - A director of the company participated in the debt settlement through a wholly owned subsidiary, which qualifies as a related party transaction under Multilateral Instrument 61-101 [4]. - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements of MI 61-101, as the transaction is not expected to exceed 25% of the company's market capitalization [5]. Quarterly ATM Program Update - Bitcoin Well's ATM program allows the issuance and sale of up to C$5,000,000 of shares at the company's discretion [6]. - In the quarter ended September 30, 2025, the company issued 262,000 shares at an average price of C$0.19 per share, generating gross proceeds of C$49,411, with net proceeds of C$47,445 after commissions [7]. - Year-to-date, the company has issued 1,962,000 shares at an average price of C$0.15 per share, resulting in gross proceeds of C$289,249 and net proceeds of C$278,213 [8].