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Avventura Resources Ltd. Announces $100,000 Loan Facility from Mid Atlantic Capital Associates Ltd.
Thenewswire· 2025-11-21 20:00
Core Points - Avventura Resources Ltd. has entered into a loan agreement with Mid Atlantic Capital Associates Ltd. for $100,000 CAD to support its corporate and exploration initiatives [1][2] - The loan carries an interest rate of 2% per annum and is secured under a General Security Agreement [2] - The company expects the loan to enhance its near-term liquidity as it prepares for upcoming exploration activities [2] Company Overview - Avventura Resources Ltd. is a Canadian mineral exploration company focused on acquiring and developing high-potential exploration projects [3] - The company is committed to responsible resource development and aims to create long-term value for its shareholders [3]
SPARC AI Private Placement
Thenewswire· 2025-11-21 14:30
Core Points - SPARC AI Inc. is conducting a non-brokered private placement of up to 1,428,571 units at a price of $0.70 per unit, aiming for gross proceeds of up to $1,000,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of a common share at $0.90 within twelve months after the offering's closing date [2] - The company plans to use the proceeds for commercialization initiatives, including establishing a sales presence in the U.S., hiring experienced personnel, and enhancing market outreach for its product suite [3] Company Overview - SPARC AI Inc. specializes in high-tech solutions for GPS-denied environments, enhancing perception and awareness [4] - The company has developed a Target Acquisition System and Autonomous Flight solution that does not rely on GPS, satellite, lidar, radar, or complex hardware/software [4]
Rockland Resources Closes Private Placement
Thenewswire· 2025-11-20 23:20
Vancouver, British Columbia, November 20, 2025 – TheNewswire - Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL), is pleased to announce that further to its press releases dated November 12, 2025 and November 13, 2025, the Company has closed the non-brokered private placement. The Company issued three million units (the "Units") at a price of $0.06 per Unit for aggregate gross proceeds of $180,000. Each Unit is comprised of one common share ("Share") and one transferable common share purchas ...
Noble Mineral Closes its Non-Brokered Private Placement and Extends Warrants
Thenewswire· 2025-11-20 21:05
Core Viewpoint - Noble Mineral Exploration Inc. has successfully completed a non-brokered private placement, raising approximately $1.03 million to fund exploration activities in Ontario [2][5]. Private Placement - Noble raised gross proceeds of approximately $1,027,997.94 through the issuance of 17,133,299 flow-through common share units priced at $0.06 per unit [2]. - Each flow-through unit consists of one common share and one-half non-flow-through common share purchase warrant, with full warrants exercisable for two years at an exercise price of $0.10 per share [2]. - The company paid approximately $43,050 in cash commissions and issued 647,497 broker warrants, each exercisable for two years at an exercise price of $0.06 per share [3]. Regulatory Approvals - The private placement has received conditional approval from the TSX Venture Exchange and is subject to final approval [4]. Use of Proceeds - The proceeds from the private placement will be utilized for exploration expenditures on the company's properties located in Ontario [5]. Extension of Warrants - Noble has extended the term of 7,933,333 common share purchase warrants, which will now expire in November 2027 and December 2027 [6]. - Final approval for the extension of the warrants has been received from the Exchange [6]. Company Overview - Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in various nickel and gold exploration properties [8]. - The company holds mineral and/or exploration rights in approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec [9]. - Notable projects include Project 81, which hosts drill-ready targets for gold, nickel-cobalt, and base metals [10].
[Video Enhanced] West Red Lake Gold on Track for Q1 2026 Commercial Production
Thenewswire· 2025-11-20 19:10
Core Insights - West Red Lake Gold Mines provided a mid-Q4 update on the ramp-up activities at the Madsen Mine, reporting a month-over-month ore output increase of 24% and improvements in operational efficiency [1][2][8] Company Updates - The ramp-up phase at the Madsen Mine has seen significant operational changes, including improved underground waste-rock handling and expanded haul-truck availability [2][8] - The company aims to achieve full-scale operations at the Madsen Mine by early 2026, with ongoing efforts to complete necessary infrastructure and operational components [7][11] - The mine's management team has been strengthened with the addition of experienced professionals, including Sean McCormack as Mine General Manager and other key positions filled by industry veterans [13][15][17] Production and Capacity - The Madsen Mine's ore production increased by 24% in October compared to September, attributed to the initiation of an underground waste rock storage program [8][9] - The operational goal includes getting the shaft operational, which is expected to add approximately 300 tonnes per day of capacity [11] - The mine is on track for commercial production early in Q1 2026, with a projected output of around 50,000 ounces of gold annually [18] Market Context - The current gold price is significantly higher than historical levels, trading at approximately USD $4,060, which is double the price from two years ago [22] - Concerns regarding the U.S. national debt, currently at $38.15 trillion, are leading investors to seek safe-haven assets like gold [23][24]
Andina Copper Announces Listing on TSX Venture Exchange
Thenewswire· 2025-11-20 18:50
November 20, 2025 – TheNewswire - Vancouver, British Columbia - Andina Copper Corporation (CSE:ANDC) (FSE:FIR) (OTCQB:PMMCF) (“Andina Copper” or the “Company”) is pleased to announce that effective Monday, November 24, 2025, the common shares of the Company will commence trading on the TSX Venture Exchange under the symbol “ANDC” (the “Listing”). In connection with the Listing, the Company will delist its common shares from the Canadian Securities Exchange at the close of business on Friday, November 21, 2 ...
Uniserve Executes Agreements to Acquire Business of Megawire Inc.
Thenewswire· 2025-11-20 14:30
Core Viewpoint - Uniserve Communications Corporation has entered into definitive agreements to acquire Megawire Inc., enhancing its managed IT services and expanding its market presence in Canada and the US [1][9]. Transaction Details - The total purchase price for the acquisition is $6,500,000, which includes $2,000,000 in Uniserve shares, $2,400,000 in cash for Brimax shares, and $2,100,000 under a convertible note for Waterloo shares [3][4]. - The convertible note will have a three-year term with an annual interest rate of 7%, secured against Waterloo's assets [4]. Share Issuance and Conversion - Uniserve shares issued under the note will have a conversion price of $0.75 in Year 1, $1.00 in Year 2, and $1.25 in Year 3 [5]. - The shares will be issued at a deemed value based on the lower of $0.60 or the volume-weighted average price (VWAP) for the 10 trading days prior to closing, with a minimum price of $0.47 [4]. Consulting and Non-Competition Agreements - A 12-month consulting agreement will be established with Emerald Flow Inc. for management services, and non-competition agreements will be in place for Megawire and its principal for 24 months [6]. Approval and Closing - The transaction is subject to approval from the TSX Venture Exchange, with intentions to close as soon as possible after receiving approval [8]. Strategic Impact - The acquisition is expected to enhance Uniserve's service offerings, particularly in eastern Canada, and support the growth of recurring revenue streams [9].
First Drill Hole Commenced and Second Drill Rig has Arrived at Choquelimpie Project
Thenewswire· 2025-11-20 14:00
Core Viewpoint - Norsemont Mining Inc. has commenced its Phase 3 exploration drill program at the Choquelimpie project in northern Chile, targeting higher-grade gold mineralization in the Vizcacha hydrothermal breccia [1][3]. Phase 3 Drill Program - The Phase 3 program will involve up to 5,000 meters of diamond drilling using two drill rigs, with drilling expected to continue through late December [1]. - The program aims to evaluate down-dip extensions of high-grade gold mineralization, consisting of up to 20 holes averaging 250 meters in length [4]. - The first hole, MV25-DD01, has been collared at an elevation of 4,694 meters, oriented at an azimuth of 275 degrees, inclined at 70 degrees, with a target depth of 225 meters [6][8]. Management Insights - CEO Marc Levy expressed excitement about the potential for higher-grade gold zones at depth beneath the current resource, emphasizing the significance of the first hole in testing previously indicated higher-grade mineralization [3]. - The company is nearing completion of an engineering report for a 3,000 TPD plant and plans to update its near-term production strategy this quarter [3]. Technical Oversight - The Phase 3 exploration program is supervised by Roman Flores, a qualified person with the Commission Minera Chile [7]. - Drill core samples will be assayed at Activation Geological Services SpA, an ISO 17025 certified laboratory in Coquimbo, Chile [5]. Company Background - Norsemont Mining owns a 100% interest in the Choquelimpie gold-silver-copper project, which has over 143,000 meters drilled across 1,710 drill holes and significant existing infrastructure [13]. - The company is focused on responsible and sustainable resource development, leveraging modern exploration techniques to enhance shareholder value [13].
Angkor Resources Advances Analysis of Andong Bor Drill Core
Thenewswire· 2025-11-20 14:00
Core Insights - Angkor Resources Corp. has announced further analysis and findings from the Andong Bor drill core in Oddar Meanchey, Cambodia, highlighting significant mineralization observed in the recent drilling [1][2]. Drill Core Analysis - The recent drilling included two new holes (ABDDH25-009 and ABDDH25-010), with hole 009 being significantly deeper, revealing mineralization with abundant pyrite and chalcopyrite between 245 meters and 316 meters [2]. - Previous analyses were based on historical drilling data, and the current drill core is being logged and cut for sampling [3]. Geological Findings - The analysis indicates that the structural relationship between intrusive rock and host sedimentary rock was not adequately revealed in earlier drilling due to faulting and poor core recovery [4]. - The best copper mineralization is found in sedimentary rocks, while low-grade copper porphyry-style mineralization is associated with diorite and feldspar porphyry intrusive rocks [7]. - The contacts between sedimentary and intrusive rocks are steep (70 to 80 degrees), with mineralization occurring both disseminated and along fractures parallel to these contacts, suggesting significant ground preparation prior to mineralization [7]. Future Plans - Assays will be sent to ALS for analysis once core cutting is completed, and the drilling program is expected to continue into 2026 [7]. Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada, with exploration licenses for copper and gold [9]. - The company's energy subsidiary, EnerCam Resources, has been granted an onshore oil and gas license covering over 4095 square kilometers in Cambodia, actively advancing exploration activities [11].
Fidelity Minerals Announces Loans from Lions Bay Capital Inc. and Closing of Shares for Debt Transaction
Thenewswire· 2025-11-20 14:00
Vancouver, BC – TheNewswire - November 20, 2025 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) (“Fidelity” or the “Company”) is pleased to announce that, further to the news release of October 17, 2025, the Company has settled debt in the amount of approximately $436,975 by the issuance of 3,361,344 common shares at a deemed price of $0.13 per share (the “Settlement Shares”). The Settlement Shares were issued on November 19, 2025, and are subject to a four-month hold period expiring on Ma ...