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Baru Gold Completes First Tranche of Private Placement
Thenewswire· 2025-07-16 16:20
July 16, 2025 – TheNewswire - Vancouver, BC - Baru Gold Corp. (BARU: TSX.V | BARUF: OTCQB) (the "Company" or "Baru") announces that it has completed its first tranche of its private placement (a "Private Placement") for an aggregate of $897,952.50, issuing 10,564,146 Units at $0.085 per unit which was previously announced on July 9, 2025 and subsequently increased the offering on July 11, 2025. Each unit will be comprised of one common share in the capital of the Company (a "Share") and one non-transferable ...
Nord Precious Metals Unveils 68th Test Pit Excavation Drone Video, Confirms Tailings Extend to Property Boundaries
Thenewswire· 2025-07-16 14:40
Core Insights - Nord Precious Metals Mining Inc. has released video documentation of excavation work at its Castle Silver Mine property, highlighting the discovery of Test Pit 68, which is the deepest excavation to date in the exploration of legacy tailings deposits [1][2] Operational Progress - The excavation program has revealed that the area designated for gravity circuit installation is situated atop historical tailings rather than bedrock, transforming site preparation into resource delineation [4] - Each test pit provides both geotechnical data and potential feed material, with the company confirming an alternate location for a modular processing facility [4][8] - The systematic approach to excavation includes precision work within defined parameters, comprehensive documentation of stratified layers, and methodical sample collection for metallurgical characterization [5][10] Strategic Implications - The discovery of extensive tailings deposits at property boundaries indicates that the resource footprint exceeds initial estimates, suggesting significant potential for resource expansion [6] - The confirmation of high-grade material extending beyond previously mapped areas enhances the project's near-term potential and could strengthen project economics from the commencement of operations [7] Next Steps - The company will continue test pit exploration to property boundaries, focusing on determining the source of migrating tailings and developing a three-dimensional model that integrates historical mine plans with current excavation results [9]
Happy Creek Upsizes Previously Announced Private Placement to $3,750,000
Thenewswire· 2025-07-16 14:35
Core Viewpoint - Happy Creek Minerals Ltd has increased its non-brokered private placement to raise gross proceeds of up to C$3,750,000 due to demand, with offerings including charity flow-through units and non-flow-through units [1][3] Group 1: Offering Details - The Offering consists of charity flow-through units (FT Units) priced at C$0.07 and non-flow-through units (NFT Units) priced at C$0.05 [1] - Each FT Unit includes one flow-through common share and one half of a common share purchase warrant, while each NFT Unit includes one common share and one half of a common share purchase warrant [2] - The warrants are exercisable at a price of C$0.07 for a period of 60 months from the date of issue [2] Group 2: Use of Proceeds - Gross proceeds from the Offering will be allocated to the drilling, exploration, and development of the Fox Tungsten Project and other exploration projects in the Cariboo district of British Columbia, as well as for general working capital [3] Group 3: Tax and Regulatory Information - FT Shares will qualify as "flow-through shares" under the Income Tax Act (Canada), with proceeds used for eligible resource exploration expenses [4] - The Company will incur qualifying expenditures not less than the gross proceeds raised from the FT Shares by December 31, 2026, and will renounce these expenditures to the initial purchasers by December 31, 2025 [4] Group 4: Related-Party Transactions - Directors, management, and insiders may subscribe for securities in the Offering, which will be considered related-party transactions but exempt from formal valuation and minority approval requirements [5] Group 5: Finder's Fees and Closing Conditions - The Company may pay finders' fees in accordance with applicable securities laws and TSX Venture Exchange policies [6] - Securities issued under the Offering will be subject to a hold period of four months and one day from the closing date and are contingent on necessary approvals [6] Group 6: Company Overview - Happy Creek is focused on discovering and building resources near infrastructure, with a portfolio of diversified metals projects in British Columbia, including the high-grade Fox Tungsten deposit [9] - The Company previously closed the sale of the Highland Valley Copper Project to Metal Energy Corp, holding a 9.9% stake in Metal Energy and a potential 2.5% Net Smelter Return royalty [10]
Ecolomondo Gets Quality Acceptance for Recovered Carbon Black Produced at its Hawkesbury TDP Facility
Thenewswire· 2025-07-16 14:15
Core Viewpoint - Ecolomondo Corporation has achieved commercial acceptance of its recovered carbon black (rCB) from its Hawkesbury TDP facility, marking a significant milestone in its sustainable scrap tire recycling technology [1][6]. Production and Quality Assurance - The company has completed the commissioning of new milling equipment and rCB processing line, leading to the commencement of production and ramp-up [2]. - Rigorous testing was conducted using new laboratory equipment to ensure that all quality parameters for rCB met the thresholds required by offtake clients [3]. - After confirming quality thresholds such as humidity, pellet size, hardness, ash content, and particle size, samples were shipped to clients for testing [4]. Client Engagement and Orders - Clients conducted their own tests on the received samples, yielding positive results similar to the company's tests [5]. - Following successful testing, the main offtake client issued an initial order for one truckload (23 metric tons) of rCB to be shipped immediately [5]. Facility Capacity and Production Expectations - Once fully operational, the Hawkesbury TDP facility is expected to process approximately 1.3 million to 1.5 million scrap tires annually, 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 [7][15]. Future Growth and Strategic Direction - Ecolomondo aims to expand its operations aggressively in North America and Europe, focusing on building and operating TDP facilities strategically located near feedstock and clients [18]. - The company is also planning to construct the Shamrock facility, which is projected to process 5 million end-of-life tires per year, significantly increasing its production capacity [16]. Environmental Impact - The TDP process is expected to reduce greenhouse gas emissions by 90% compared to the production of virgin carbon black, with the Hawkesbury and Shamrock facilities projected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [23]. Certification and Market Position - The Hawkesbury TDP facility has received International Sustainability and Carbon Certification (ISCC), enhancing the commercial value of its end-products through traceability in the supply chain [19].
Nevis Brands Inc. Announces Strategic Distribution Agreement with Z.T. Distribution Inc. for Hemp-Derived THC Beverages
Thenewswire· 2025-07-16 14:01
Core Insights - Nevis Brands Inc. has entered a pivotal distribution agreement with Z.T. Distribution Inc. to expand its market presence in the Midwest, specifically for its flagship hemp-derived THC beverage, Happy Apple™ [1][2][6] - Z.T. Distribution will serve as the exclusive distributor for Happy Apple™ in Wisconsin and select areas of Minnesota and Illinois, leveraging its extensive network of over 1,000 grocery stores and retailers [2][10] - The partnership aims to enhance Nevis Brands' ability to penetrate key markets and meet the growing demand for high-quality hemp-derived THC beverages [3][5] Company Overview - Nevis Brands Inc. specializes in the development and marketing of cannabis and hemp-derived beverage brands, focusing on quality, innovation, and consumer satisfaction [8] - The company's flagship products include Major™, a high-dose THC beverage, and Happy Apple™, which combines natural flavors with precise dosing [8] - Nevis Brands is listed on the Canadian Securities Exchange (CSE: NEVI) and the U.S. OTC market (NEVIF) [8] Product Development - Happy Apple™ is currently available in a 5mg THC version, with plans to introduce a 10mg variant to cater to a broader range of consumer preferences [4][5] - Production of the 10mg version is underway and expected to be completed by early August 2025, with products hitting store shelves by mid-August [5] Market Trends - The hemp-derived THC beverage category is one of the fastest-growing segments in the beverage industry, driven by increasing consumer interest in alternative wellness products [5] - Nevis Brands is well-positioned to capitalize on this trend through its innovative product offerings and strategic partnerships [5][6] Distribution Strategy - The collaboration with Z.T. Distribution is a key component of Nevis Brands' strategy to expand its footprint in the United States [6] - Z.T. Distribution has over a century of experience in distributing consumer goods and is known for its excellence in logistics and market development [10]
Fitzroy Minerals Provides Corporate and Exploration Update
Thenewswire· 2025-07-16 13:15
Vancouver, British Columbia – TheNewswire - July 16, 2025 – Fitzroy Minerals Inc. (“Fitzroy” or the “Company”) (TSXV: FTZ) is pleased to provide strategic and exploration updates after its recent financing (see Fitzroy news release July 9, 2025). Following excellent exploration results in H1 2025, at both the Buen Retiro Copper (“Buen Retiro”) and Caballos (“Caballos”) Copper-Molybdenum-Gold-Rhenium projects, the Company will focus primarily on advancing these two projects. Further, the Company will review ...
One World Lithium Announces That They Have Received Natural Brine Samples for Testing Using Direct Lithium Carbonation Extraction Technology and Closing Term Loan Financing
Thenewswire· 2025-07-16 13:00
VANCOUVER, BC – July 16, 2025 – TheNewswire - One World Lithium Inc. (CSE-OWLI) (OTCQB-OWRDF) (the “Company” or “OWL”) is pleased to announce it has now received two separate lithium brine samples from a major mining company’s lithium project in South America. The samples are currently at the lab where they will be tested for Lithium Recovery using the Company’s novel lithium recovery technology that will enable lithium carbonate production directly from natural brines in a single step. In November 202 ...
AmmPower Announces Recent Signing of Memorandum of Understanding and other Operational Updates
Thenewswire· 2025-07-16 12:35
Klean uses proprietary technologies to rapidly develop projects that produce the highest quality fuels, recovered Carbon Blacks ("rCB"), and green hydrogen from various feedstocks. Their know-how and skillfulness provide a specialization in building projects that use advanced thermal technologies such as pyrolysis, gasification, and carbonization, which convert end-of-life tires, waste plastics, and municipal solid waste into domestic energy, sustainable commodities, and new cleantech jobs. They create a sy ...
Planet Ventures Buys More Bitcoin, Increases Bitcoin Treasury Holdings to 22.81 BTC and Reports Updated Satoshis Per Share
Thenewswire· 2025-07-16 12:00
Company continues to add to their Bitcoin position using existing cash on their balance sheet. Vancouver, BC – TheNewswire – July 16, 2025 – Planet Ventures Inc. (CSE: PXI; OTC: PNXPF; Frankfurt: P6U1) ("Planet Ventures" or the "Company"), an investment issuer focused on technology and digital assets, is pleased to announce that it has capitalized on the recent pullback in Bitcoin prices by acquiring an additional 3.10108521 Bitcoin for a total purchase price of CAD $500,000, funded from its existing ...
Noble Mineral highlights Mann Central Nickel Sulphide Initial Resource as announced by Canada Nickel
Thenewswire· 2025-07-16 11:30
TORONTO, July 16, 2025 – TheNewswire - Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSXV: NOB) (OTCQB: NLPXF) is pleased to announce the initial mineral resource at Mann Central as announced by its joint venture partner Canada Nickel in the East Timmins Nickel Company, operating in the Timmins area of Northern Ontario. Noble CEO Vance White said “We congratulate our partner Canada Nickel on the work completed and the Initial Resource estimate for Mann Central project in Mann Twp and we are ...