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Inflection Resources Announces CFO Update
Thenewswire· 2025-09-19 13:30
Core Viewpoint - Inflection Resources Ltd. has appointed Mr. David Cross as the new Chief Financial Officer, effective immediately, bringing extensive experience in the mining sector [1][2]. Company Overview - Inflection Resources Ltd. is a copper-gold focused mineral exploration company listed on multiple exchanges, including the Canadian Securities Exchange, OTCQB, and Frankfurt Stock Exchange, with projects located in New South Wales, Australia [4]. - The company is part of the NewQuest Capital Group, which focuses on incubating and financing early-stage mineral exploration projects globally [5]. Leadership Change - Mr. David Cross, a Chartered Professional Accountant with 28 years of experience in accounting, primarily in the mining and mineral exploration sector, has been appointed as CFO [2]. - The company expressed gratitude to the previous CFO, Mr. Philip Yee, for his contributions and wished him well in future endeavors [3].
Headwater Gold Announces CFO Update
Thenewswire· 2025-09-19 13:30
Company Announcement - Headwater Gold Inc. has appointed Mr. David Cross as Chief Financial Officer effective immediately [1] - Mr. Cross is a Chartered Professional Accountant with 28 years of accounting experience, primarily in the mining and mineral exploration sector [2] - The company expresses gratitude to former CFO Mr. Philip Yee for his contributions [2] Company Overview - Headwater Gold Inc. is a mineral exploration company focused on discovering high-grade precious metal deposits in the Western USA [3] - The company is exploring in mining-friendly jurisdictions and aims to make world-class precious metal discoveries [3] - Headwater has a large portfolio of epithermal vein exploration projects and a technical team with diverse experience [3] - The company is actively drill-testing several projects in Nevada and has strategic earn-in agreements with Newmont on its Spring Peak and Lodestar projects [3] - Newmont and Centerra Gold Inc. have acquired strategic equity interests in the company, enhancing its exploration capabilities [3]
Critical Infrastructure Technologies Ltd. Executes a Confidentiality Agreement with Droneshield Limited to Deliver Counter-UAS Capabilities for Nexus 20
Thenewswire· 2025-09-19 13:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Confidentiality Agreement with DroneShield Limited to develop Counter-Unmanned Aerial Systems (C-UAS) capabilities for the Nexus 20 platform, as requested by the Ukrainian Ministry of Defence [1][4] - This agreement builds on previous collaborations with Babcock International, Nokia Solutions, and Ericsson, focusing on the integration of 4G/5G telecommunications systems for the Nexus 20 [2][4] - The Nexus 20 program aims to deliver 50 platforms to the Ukrainian Ministry of Defence, providing a fully integrated and secure system for modern defense operations [4] Company Overview - CiTech specializes in autonomous, high-capacity mobile communications platforms, targeting sectors such as mining, defense, border security, and emergency services [8] - The company is commercializing its first product, the Nexus 16, which aims to provide critical mobile telecommunications using patented self-deploying technology [8] - DroneShield Limited offers AI-enabled counter-drone systems for various platforms and serves customers in over 30 countries, including military and government sectors [6]
Stearman Resources Announces Name Change
Thenewswire· 2025-09-19 12:00
Company Overview - Stearman Resources Inc. will change its name to UraniumX Discovery Corp. to align with its strategic focus on uranium projects in the Athabasca Basin of Saskatchewan [1][2] - The company currently holds a 100% interest in the NeoCore Uranium Property, which consists of 6 mineral claims covering 13,012 hectares in the Athabasca Basin [4] - Additionally, the company has an option for up to a 70% interest in the Murphy Lake Uranium Property, covering 609 hectares, and owns a 100% interest in the Zoo Bay Uranium Property, which consists of 15 mineral claims covering 19,850 hectares [4] Strategic Direction - The name change to UraniumX Discovery Corp. reflects the company's commitment to meeting the growing demand for global electrification [3] - The company aims to unlock the potential of its three uranium projects located in Saskatchewan's Northern Athabasca Basin [3] Corporate Actions - The company has granted 1,000,000 restricted share units to a senior officer as part of its Restricted Share Unit Plan [3]
Ventripoint Announces Successful Completion of Key Quality Audits
Thenewswire· 2025-09-19 12:00
Toronto, Ontario – TheNewswire - (September 19, 2024) - Ventripoint Diagnostics Ltd. ("Ventripoint" or the "Company"), (TSXV:VPT; OTC:VPTDF) is pleased to announce the successful completion of its annual audit under the Medical Device Single Audit Program (MDSAP), ISO 13485 Quality Management System, and EU Medical Device Regulation (MDR) requirements by Notified Body. The audit resulted in zero major nonconformities and confirmed Ventripoint Diagnostics Ltd.’s continued compliance with global quality and ...
Gamma Resources Announces Successful Renegotiation of Loan Facility
Thenewswire· 2025-09-19 11:30
Core Viewpoint - Gamma Resources Ltd. has successfully renegotiated the terms of its existing promissory note with two US investors, enhancing flexibility and reinforcing relationships with the lenders [1][3]. Summary by Relevant Sections Revised Note Terms - The promissory note was originally issued on August 2, 2022, for a principal amount of US$1,150,000 with a 5% interest rate, resulting in net proceeds of US$975,000 after an original issue discount of US$150,000. The current outstanding balance is US$1,106,641 [5]. - The revised repayment schedule includes immediate good-faith payments and structured payments due by specific dates, totaling C$1,350,000 by September 30, 2026 [7]. Business Strategy and Asset Development - The modified repayment schedule aligns with Gamma's business plan and uranium asset development initiatives, providing repayment certainty for lenders while allowing the company to raise capital and advance projects [2][4]. - The company is advancing a portfolio of uranium projects in the U.S., including the Green River Project in Utah and the Mesa Arc Project in New Mexico, which are strategically positioned to contribute to U.S. energy security [9][10][20]. Market Context and Opportunities - The U.S. market for uranium and nuclear energy is supported by strong long-term fundamentals, with increasing demand for decarbonized and reliable power sources. Government policies are aimed at bolstering the domestic nuclear industrial base [8]. - Gamma's uranium-focused projects and its proprietary rare earths processing technology position the company to benefit from rising demand for clean energy sources while aligning with U.S. policy goals [11][20]. Lender Support and Future Growth - The lenders have expressed willingness to consider converting a portion of the note into equity, indicating confidence in Gamma's long-term growth potential [3]. - The company aims to unlock the potential of its asset portfolio and position itself for growth amid favorable market conditions [4].
CHARBONE Hydrogen Announces $2M Convertible Debentures Replacement
Thenewswire· 2025-09-18 23:05
Core Viewpoint - CHARBONE Hydrogen Corporation has signed Replacement Debentures amounting to $2,050,000, amending terms of existing secured convertible debentures to enhance financial flexibility and support operational growth [1][4]. Group 1: Replacement Debenture Details - The new Replacement Debenture will be subject to approval from the TSX Venture Exchange [3]. - The maturity date for the debentures has been extended from September 30 and October 31, 2025, to September 30, 2026 [7]. - The convertible balance has increased from $1.7 million to $2.1 million, maintaining the same annual interest rate of 12%, payable monthly [7]. - The conversion price of the debentures has been adjusted from $0.10 per share to $0.07 per share [7]. Group 2: Company Overview - CHARBONE is focused on green hydrogen production and distribution, specializing in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region [5]. - The company is developing a modular network for green hydrogen production and partnering with industry players to supply helium and other specialty gases, aiming to diversify revenue streams and reduce risks [5].
SPARC AI Grants Incentive Stock Options
Thenewswire· 2025-09-18 21:30
Core Points - SPARC AI Inc. has granted incentive stock options to consultants for the purchase of 200,000 common shares at an exercise price of $0.27 per share, which are exercisable for a period of 12 months, expiring on September 16, 2026 [1] Company Overview - SPARC AI designs and develops advanced technology solutions for environments where GPS is unavailable, enhancing perception and awareness [2] - The company has created an innovative Target Acquisition System and Autonomous Flight solution for drones that do not rely on GPS, satellite, lidar, radar, image recognition, or other complex hardware or software [2]
Anonymous Announces Life Financing
Thenewswire· 2025-09-18 19:45
Core Viewpoint - Anonymous Intelligence Company Inc. is initiating a non-brokered private placement under the Listed Issuer Financing Exemption, aiming to raise gross proceeds of up to $525,000 for various business initiatives [1][2][4]. Group 1: Financing Details - The LIFE Financing will consist of 1,750,000 units priced at $0.20 per unit, totaling gross proceeds of $350,000, with an option to increase by 50% to 2,625,000 units for a total of $525,000 [2]. - Each unit includes one common share and one warrant, allowing the purchase of an additional common share at $0.25 for 24 months [3]. - If the common shares trade at or above $0.50 for 10 consecutive trading days, the company may accelerate the expiry of the warrants [3]. Group 2: Use of Proceeds - The net proceeds from the financing will be allocated to product development, marketing, rebranding, investor communications, cryptocurrency initiatives, and general administrative expenses [4]. Group 3: Regulatory and Closing Information - The closing of the LIFE Financing is expected around October 31, 2025, subject to regulatory approvals [7]. - The securities are offered to purchasers in Canada and certain foreign jurisdictions, exempt from a statutory hold period under applicable Canadian securities laws [6].
Red Canyon Closes Over-Subscribed Financing Backed By Strategic Lead Order
Thenewswire· 2025-09-18 19:35
Core Points - Red Canyon Resources Ltd. has completed a non-brokered charity flow-through private placement, issuing 8,525,295 Charity Flow Through Common Shares at a price of $0.272 per share, resulting in gross proceeds of $2,318,880 [1][2] - Teck Resources Limited acquired a 9.9% equity interest in Red Canyon through the purchase of 6,301,868 common shares at a back-end price of $0.17 per share, contributing $1,714,108 to the gross proceeds [2] - The proceeds from the Charity FT Offering will be used for eligible Canadian exploration expenses related to the Kendal project and other projects in British Columbia, with a deadline for expenditure by December 31, 2026 [4] Summary by Sections Charity FT Offering - The Charity FT Offering involved the issuance of 8,525,295 Charity FT Shares at $0.272 each, generating gross proceeds of $2,318,880 [1] - The offering was facilitated by PearTree Securities Inc., which did not receive any fees or commissions [5] Investment and Shareholder Participation - Teck Resources Limited's investment of $1,714,108 represents a 9.9% equity interest in Red Canyon, acquired through the Charity FT Offering [2] - Existing major shareholder Crescat Capital LLC also participated in the financing, maintaining its equity ownership [2] Tax Implications - Each Charity FT Share qualifies as a "flow-through share" under the Income Tax Act (Canada) [3] - The flow-through critical mineral mining expenditures will be eligible for a federal 30% investment tax credit for eligible individual investors, with an additional 20% tax credit for those in British Columbia [4] Future Rights and Agreements - An Investor Rights Agreement has been established with Teck, granting them the right to participate in future share issuances to maintain their equity ownership [6] Company Overview - Red Canyon Resources Ltd. is focused on mineral exploration in North America's top copper jurisdictions, with a portfolio of 100% owned copper and copper-gold porphyry exploration projects [7] - The company is part of the NewQuest Capital Group, which invests in mineral projects and companies [8]