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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].
Western Star Resources Announces Preliminary Due Diligence of Nevada Assets Reveals Strong Historical Data; Completion Expected Within 20 Day Advancing U.S. Critical Minerals Strategy
Thenewswire· 2025-10-01 12:00
Core Insights - Western Star Resources Inc. is conducting a preliminary due diligence review of The Real American Corp, revealing strong historical data that highlights the project's high-grade potential and strategic value. The full due diligence process is expected to be completed within 20 days, after which the company plans to move towards a definitive agreement for acquisition [1][2]. Group 1: Company Overview - Western Star is a resource exploration company focused on advancing its flagship gold and silver project in Canada while expanding into the U.S. with an emphasis on strategic critical minerals [3]. - The company is committed to responsible exploration and development, aligning its asset portfolio with U.S. government priorities to secure domestic supplies of minerals essential for defense, energy, and advanced manufacturing [3]. Group 2: The Real American Corp - The Real American Corp is a privately held mining company with a focus on critical mineral assets, particularly tungsten, in Nevada. The company utilizes AI technology to evaluate high-potential assets across North America [4]. - The project includes historical samples with assays reporting up to 5.12% WO₃, significantly higher than the North American average of approximately 0.3% WO₃ [5]. Group 3: Strategic Importance - The Real American Corp aligns with U.S. government directives aimed at securing a domestic tungsten supply, a resource critical to national security, with no U.S. commercial production since 2015 and global supply dominated by China (approximately 85%) [2]. - The project is located in a prolific district recognized for tungsten-bearing skarn deposits, near the historic Springer Tungsten Mine, with multiple underexplored outcrops and mineralized zones that present exploration upside [5].
Unique Manufacturing Process Puts First Tellurium and PyroDelta Ahead in Thermoelectric Technology
Thenewswire· 2025-10-01 11:30
Core Viewpoint - First Tellurium Corp. is advancing its unique thermoelectric technology through its subsidiary PyroDelta Energy Corp., which utilizes a patented capillary casting method to create superior thermoelectric generators that perform well under extreme conditions and are economically viable for various applications [2][3][4]. Technology and Competitive Advantage - The capillary casting method is highlighted as the core technology and competitive advantage of PyroDelta, enabling the production of robust thermoelectric generators [3][4]. - The company claims to be the only one successfully implementing this method, which is expected to disrupt the thermoelectric industry [3][5]. Applications and Market Opportunities - Successful prototype testing has been reported for applications including extending drone range, generating clean electricity from waste heat in AI and crypto data centers, and replacing alternators in combustion engines [4]. - There is significant interest from companies in testing these devices for various applications, indicating a strong market demand [5]. - The tubular generator technology is particularly aimed at addressing the efficiency challenges faced by the data mining industry, which is under pressure to utilize waste heat [5]. Business Model and Growth Potential - First Tellurium's business model focuses on generating revenue through mineral discovery, project development, and the advancement of tellurium-based technologies [6]. - The company sees enormous market opportunities in both AI data centers and drone manufacturing, both of which are experiencing rapid growth and require more efficient energy use [5].
Andina Copper Appoints Project Manager For Cobrasco
Thenewswire· 2025-10-01 11:30
Core Viewpoint - Andina Copper Corporation has appointed Wilson Escobar as Project Manager for the Cobrasco Copper Project in Chocó, Colombia, highlighting the company's commitment to advancing its copper exploration efforts [1][3]. Company Overview - Andina Copper Corporation is a South America-focused copper explorer listed on the Canadian Stock Exchange (CSE: ANDC), Frankfurt (FSE: FIR), and OTC (OTCQB: PMMCF) exchanges, with projects in Argentina, Colombia, and Chile [6]. Key Appointments - Wilson Escobar, a Colombian geologist with over 25 years of experience in mineral exploration and mine operations, has been appointed as Project Manager [2][3]. - Escobar's previous roles include senior exploration positions at Vale, Anglo American, and South32, showcasing his extensive industry experience [2]. Project Development - The Cobrasco Copper Project is described as a company-making asset, with a focus on defining the size and grade potential of the initial discovery at Cobrasco Central and advancing other targets along the Eocene porphyry belt [4]. - Following the acquisition of Cobrasco and a successful financing round in July 2025, the company has quickly built a local team and recommenced field exploration [4]. Exploration Activities - Surface exploration is currently underway at Cobrasco, with preparations for the 2025/26 field season at the Piuquenes copper-gold project in San Juan, Argentina, where geophysics and new drilling are planned [5]. - Results from a recent surface sampling program at the Mantau copper-gold project in Antofagasta, Chile, are expected soon [5].
Charbone Hydrogen Issued $2M Convertible Replacement Debentures
Thenewswire· 2025-10-01 11:25
Core Insights - CHARBONE HYDROGEN CORPORATION has announced the issuance of Replacement Debentures amounting to $2,050,000, following an amendment of terms related to previously issued secured convertible debentures [1][2] Group 1: Replacement Debentures - The new Replacement Debentures, effective as of September 30, 2025, will expire on September 30, 2026, with an annual interest rate of 12% and a conversion price of $0.07 per Debenture Share [2] - Prior to the amendment, the original debentures had expiry dates of September 30 and October 31, 2025, with the same interest rate of 12% but a higher conversion price of $0.10 per Debenture Share [2] Group 2: Financial Strategy - The additional proceeds from the Replacement Debentures are intended to accelerate cash inflow for the acquisition of production equipment for hydrogen, as announced on September 5, 2025 [5] - The company plans to issue another press release to announce the closing of the equipment acquisition once the effective date is reached, initiating the equipment dismantling process [5] Group 3: Company Overview - CHARBONE is focused on Ultra High Purity (UHP) hydrogen production and the strategic distribution of industrial gases in North America and the Asia-Pacific region [6] - The company is developing a modular network for green hydrogen production and is partnering with industry players to supply helium and other specialty gases without the need for costly new plants, which diversifies revenue streams and reduces risks [6]
Silver Crown Royalties Announces Upsize of Previously Announced Life Offering to $3M Led by Centurion One Capital and Filing of Third Amended and Restated Offering Document
Thenewswire· 2025-10-01 07:00
Core Viewpoint - Silver Crown Royalties Inc. has announced an upsized private placement offering due to strong investor demand, increasing the number of units from 454,545 to 545,454 at an issue price of $5.50 per unit, aiming for gross proceeds of approximately $3,000,000 [2][5]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with the warrant allowing the purchase of one share at $8.25 for 36 months [3]. - The offering is led by Centurion One Capital Corp. as the lead agent and sole bookrunner, with an amended offering document filed for investor access [4]. - An option for the lead agent to sell an additional 81,818 units is included, potentially raising an extra $450,000 [5]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for purchasing additional royalties and general working capital [5]. Group 3: Insider Participation - Certain insiders and the lead agent may acquire up to 25% of the offering, which will be considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [6]. Group 4: Regulatory and Closing Information - The offering is expected to close around October 3, 2025, subject to necessary approvals, including those from the Cboe and shareholder consent [8]. - The units will be offered through a private placement under specific exemptions from registration requirements in Canada and the U.S. [9].
Uniserve Reports Results for Fiscal Year ended May 31, 2025
Thenewswire· 2025-10-01 06:19
Financial Performance - Revenues for fiscal 2025 were $6,972K, an increase from $6,439K in the prior fiscal year, representing a growth of approximately 8.3% [1][2] - The operating loss for fiscal 2025 was $1,681K, compared to an operating loss of $239K in the previous year, indicating a significant increase in losses [1][2] - The net loss for fiscal 2025 was $1,899K, up from a net loss of $191K in the prior fiscal year, reflecting a substantial deterioration in financial performance [1][2] Cost Structure - Cost of revenues increased to $3,864K in fiscal 2025 from $3,493K in fiscal 2024, marking a rise of approximately 10.6% [2] - Total expenses for fiscal 2025 were $4,789K, compared to $3,186K in fiscal 2024, indicating a year-over-year increase of about 50.3% [2] - Significant increases were noted in operations and service delivery expenses, which rose to $3,265K from $2,427K, and amortization of intangible assets, which increased to $79K from $26K [2] Company Overview - Uniserve Communications Corporation provides IT solutions and services to both business and residential customers in Canada [3] - The company operates in three core verticals: Data Centre Solutions, Managed IT Services, and Business Internet, with a focus on delivering secure and reliable IT solutions [3]
Pangea Engages Marketing Service Providers
Thenewswire· 2025-09-30 22:15
Core Insights - Pangea Natural Foods Inc. has engaged Native Ads Inc. and GRA Enterprises LLC dba National Inflation Association for investor relations and communication services [1][2] Group 1: Engagement with Native Ads Inc. - The Company has entered into a service agreement with Native Ads, Inc. for a digital marketing campaign with a total budget of up to USD $175,000, lasting up to six months or until the budget is depleted [2] - The majority of the campaign budget will be allocated to cost per click costs, media buying, content distribution, and search engine marketing, with the remaining budget for content creation, web development, advertising creative development, search engine optimization, campaign optimization, and reporting and data insights services [2] - Native Ads is a full-service advertising agency based in New York and Vancouver, BC, and will not receive any securities as compensation for its services [2] Group 2: Engagement with National Inflation Association - The Company has entered into a consulting agreement with National Inflation Association with an initial term of three months for a service fee of USD $30,000, with options to renew for additional terms at specified costs [3] - NIA will utilize its distribution channels, including targeted email lists and website features, to promote the Company's growth story and project developments [3] - Similar to Native Ads, NIA will not receive any securities as compensation for its marketing services [3] Group 3: Company Overview - Pangea Natural Foods Inc. specializes in clean-label, plant-based foods and innovative wellness products, and through its subsidiary Amino Innovations, offers advanced, needle-free peptide therapies that support recovery, cognitive function, and overall health [5]
GAMMA RESOURCES Announces increase in private placement to $1,300,000
Thenewswire· 2025-09-30 21:00
Group 1 - GAMMA Resources Ltd has increased its non-brokered private placement from gross proceeds of up to $1,000,000 to $1,300,000 [1][2] - The first tranche of the private placement closed on September 5, 2025, raising gross proceeds of $651,060 [1] - A second tranche is anticipated to close on or before October 7, 2025, pending acceptance by the TSX Venture Exchange [1] Group 2 - The private placement will consist of up to 11,000,000 units priced at $0.12 per unit, each unit comprising one common share and one warrant [2] - Each warrant allows the holder to acquire an additional common share at an exercise price of $0.18 for 36 months following the closing date [2] Group 3 - The financing will support GAMMA's investments in uranium properties in Utah and New Mexico and advance its proprietary rare-earth element extraction process licensed to ACDC Metals Ltd in Australia [3] - All securities issued will be subject to a four-month hold period and are not registered under U.S. securities laws [3] Group 4 - GAMMA Resources Ltd focuses on uranium exploration and development in the U.S., with key projects including the Green River Project in Utah and the Mesa Arc Project in New Mexico [5] - The company aims to benefit from favorable policy and market conditions in the U.S. nuclear landscape, providing responsibly sourced uranium supply [5]
Beauce Gold Fields To Proceed With A $450,000 Flow-Through Private Placement
Thenewswire· 2025-09-30 19:05
Core Viewpoint - Beauce Gold Fields is initiating a non-brokered private placement of 10,000,000 Flow-Through units at a price of $0.045 per unit, aiming for gross proceeds of $450,000 to finance exploration on its gold properties [1][4]. Group 1: Private Placement Details - Each Flow-Through unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.12 for 24 months post-closing [2]. - The placement is targeted at accredited investors and may involve finders' fees, with a restriction that no more than 10% of the proceeds can be allocated for Investor Relations Activities [3]. Group 2: Regulatory and Usage of Proceeds - The private placement is contingent upon receiving all necessary regulatory approvals, including from the TSX Venture exchange [4]. - The proceeds from the offering will specifically be utilized for exploration activities on the company's gold properties [4]. Group 3: Company Overview - Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America, with its flagship property being the Saint-Simon-les-Mines gold project [7]. - The company aims to trace old placer gold workings back to a bedrock source to uncover economic lode gold deposits, leveraging historical placer gold mining activity in the Beauce region [7].