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Generation Uranium Announces Announces Closing Of Second And Final Tranche Of Private Placement
Thenewswire· 2025-10-17 21:00
Core Points - Generation Uranium Inc. has successfully closed the second and final tranche of its non-brokered private placement, issuing 10,400,000 common shares at a price of $0.05 per share, resulting in gross proceeds of $520,000 [1] - The total gross proceeds from both tranches amount to $687,500 through the issuance of 13,750,000 common shares [1] - The proceeds from the Offering will be allocated for general working capital and corporate purposes [2] Regulatory and Compliance - All securities issued under the second tranche are subject to a hold period expiring on February 18, 2026, in accordance with applicable securities laws and TSX Venture Exchange policies [2] - The Company has received conditional approval from the TSXV for the Offering, with the securities subject to final acceptance [2] Stock Options - The Company has granted a total of 2,625,000 stock options to certain directors, officers, and consultants, each exercisable to acquire one common share at a price of $0.075 per share for a period of two years from the date of grant [3] - The options are subject to the terms of the Company's stock option plan and TSX Venture Exchange policies [3] Company Overview - Generation Uranium is engaged in the exploration and development of mineral properties, holding a 100% interest in the Yath Uranium Project located in Nunavut [4]
Opawica Exploration Inc Grants Stock Options
Thenewswire· 2025-10-17 20:30
Core Points - Opawica Explorations Inc. has granted a total of 900,000 stock options to certain directors and officers as part of its stock option plan [1][2] - Each option allows the acquisition of one common share at a price of $0.09 per share for a period of three years from the date of grant [2] - The options are subject to a four-month hold period from the date of issuance in accordance with applicable securities laws [2] Company Overview - Opawica Explorations is a Canadian resource exploration company focused on precious and base metal properties in the Rouyn-Noranda region of the Abitibi gold belt in Quebec [4] - The management team has a strong track record in discovering and developing successful exploration projects [4] - The company's objective is to enhance shareholder value through cost-effective exploration practices, acquiring additional properties, and seeking partnerships with industry leaders [4] Property Details - Opawica's Bazooka properties span seven kilometers of the CLLB and are adjacent to the Wassamac gold property, which is fully owned by Richmont Mines Inc. [5]
Cerro Blanco Drilling Commencement and Credit Facility Closing
Thenewswire· 2025-10-17 15:35
Core Viewpoint - San Lorenzo Gold Corp. has commenced drilling at the Cerro Blanco porphyry target on its Salvadora property in Chile, with plans for three holes targeting geophysical anomalies identified in a recent survey [1][2]. Group 1: Drilling Operations - Drilling began on October 11, 2025, at the Cerro Blanco target, which is part of the flagship Salvadora property [1]. - The company plans to provide ongoing updates regarding drilling progress and assay results [1]. Group 2: Funding and Financial Arrangements - A second credit facility has been approved, providing up to $1,000,000 to fund the drilling program at Salvadora [2]. - The second credit facility will convert into a term loan maturing on July 31, 2027, with an interest rate of 8% per annum and a conversion option into common shares at $0.35 per share [4]. - The transaction is classified as a "related party transaction" due to the involvement of a company related to a director of San Lorenzo [6]. Group 3: Shareholder Impact - If the second credit facility is fully drawn and converted, it could result in the issuance of 7,857,143 common shares, representing 9.0% of the total issued and outstanding shares [6]. Group 4: Company Overview - San Lorenzo is focused on advancing its Salvadora property, which is located in Chile's mega-porphyry belt, and has identified significant gold and copper systems through prior drilling [7].
Hybrid Power Solutions Provides Update on Embedded IoT Technology and Unified Fleet Management Platform Expected to Launch Q1 2026
Thenewswire· 2025-10-17 12:25
Core Insights - Hybrid Power Solutions Inc. is advancing its new unified fleet and remote management platform, entering final testing for an embedded IoT system aimed at enhancing connectivity and operational intelligence across its battery power systems [1][5] - The commercial launch of the new system is expected in Q1 2026, featuring integrated cellular, GPS, Wi-Fi, and Bluetooth Low Energy capabilities, compatible with both new and existing units [2] Group 1: Key Features and Benefits - Real-Time Location Tracking: The system will provide continuous GPS-enabled location data for units [3] - Data Collection and System Optimization: Users will gain insights for optimizing performance and usage patterns through continuous monitoring [3] - Fleet Management and Remote Oversight: Operators can remotely manage and troubleshoot multiple systems via a unified platform [3] Group 2: Security and Support - Theft Deterrence and Recovery: The system allows for remote deactivation and tracking of stolen units, enhancing security for asset owners [4] - Technical Support Integration: Remote diagnostics will enable faster and more proactive customer support from the service team [4] Group 3: Strategic Vision - The IoT and connectivity platform signifies a major advancement in energy management, allowing customers to reduce downtime and enhance operational efficiency [5] - The CEO emphasizes the evolution of customer interaction with power systems, combining energy storage with advanced connectivity and data intelligence [6]
Bitcoin Well Adds To Bitcoin Treasury
Thenewswire· 2025-10-17 12:15
Core Points - Bitcoin Well Inc. has acquired approximately 1.246 bitcoin using around $194,066 CAD from a recent financing round, with an average purchase price of $110,909 USD / $155,772 CAD [1] - The company now holds a total of 69.00 BTC in its reserve, purchased at an average price of $112,477 USD / $157,897 CAD [2] - Bitcoin Well aims to make bitcoin accessible to everyday people, providing modern banking convenience alongside the benefits of bitcoin [3]
Critical Infrastructure Technologies Provides Global Patent Update And Expands Defence Market Reach
Thenewswire· 2025-10-17 12:10
Core Insights - CiTech has developed a deployable, autonomous mobile radio station technology aimed at enhancing secure communications in remote and high-threat environments [2][3] - The patented design significantly expands CiTech's Total Addressable Market, targeting sectors such as defence, disaster response, remote industrial operations, mining, and aerospace [3][9] - The Nexus 20 platform offers a self-contained, air-liftable communications hub that ensures stable connectivity even in extreme conditions, providing a competitive advantage in defence and emergency response [5][6][10] Patent and Market Coverage - CiTech has filed patents for its Mobile Radio Station technology in multiple countries, including Australia, Canada, China, Europe, India, Japan, South Korea, South Africa, Thailand, Vietnam, and the United States, with the South African patent already granted [9] - This extensive global intellectual property coverage positions CiTech favorably in major defence and communications markets [9] System Features and Innovations - The Nexus 20 platform features a super-rigid mast for stability, energy independence, automation, and a modular architecture, enabling rapid deployment and operation in various conditions [6][7] - Key features include a hydraulic scissor-lift communications tower, hybrid power architecture, and redundant climate control systems, enhancing operational readiness [7][8] Strategic Positioning - The global patent coverage and innovative design of the Nexus 20 strengthen CiTech's strategic position in the defence and critical communications sectors, providing a decisive operational advantage [9][10] - The company is focused on commercializing its first product, the Nexus 16, which aims to deliver critical mobile telecommunications solutions for sectors such as mining and emergency services [11]
New Age Metals Closes Private Placement For A Total Of $4 Million With Eric Sprott Subscribing For $2 Million In The First Tranche
Thenewswire· 2025-10-17 12:00
Core Points - New Age Metals Inc. has closed the third and final tranche of a non-brokered private placement financing, raising a total of $4,000,000 across all tranches [1][9] - The financing included the issuance of 1,738,845 flow-through units at $0.26 each and 747,727 non-flow-through units at $0.22 each, generating gross proceeds of $616,599.64 in the final tranche [1][7] - Eric Sprott, the largest shareholder, subscribed for $2,000,000 in the first tranche, increasing his ownership to approximately 34.37% on a partially diluted basis before the final tranche [2][9] Financing Details - Each flow-through unit consists of one common share and one half of a share purchase warrant, with the whole warrant allowing the purchase of an additional share at $0.40 for three years [3] - Each non-flow-through unit also consists of one common share and one half of a share purchase warrant, with the same terms as the flow-through units [4] - Finder's fees totaling $22,070 in cash and 88,337 non-transferable finder warrants were paid in connection with the final tranche [5] Project Highlights - The company's flagship asset is the River Valley Palladium-Platinum Project, one of North America's largest undeveloped primary palladium projects, currently in the development stage [6][10] - The price of palladium has increased by approximately 74% and platinum by 79% over the last six months, indicating a favorable market environment for the company's projects [6] - The company is actively pursuing exploration and development in Newfoundland, Ontario, and Manitoba, with proceeds from the financing allocated for these activities [7] Additional Projects and Initiatives - The company is advancing its Newfoundland Gold-Antimony Division, with Phase 2 of the field program currently underway [6] - The Genesis PGM-Cu-Ni Project in Alaska is also being developed, with management preparing a budget and plan for Phase 2 [6][19] - New Age Metals is exploring opportunities for new mineral acquisitions on an international scale, aiming to generate projects for optioning with major and junior mining companies [27]
Teuton Reports Encouraging Results from the 4th Hole Drilled in 2025 on the Treaty Creek Property, Golden Triangle, British Columbia
Thenewswire· 2025-10-17 11:30
  Victoria, British Columbia, Canada, October 17, 2025.  Teuton Resources Corp.  (“Teuton” or “the Company”) (“TUO”-TSX-V) ("TFE"- Frankfurt) is pleased to report that Joint Venture (“JV”) partner Tudor Gold ("Tudor") has announced, in a news release dated October 16, 2025, encouraging results from the fourth hole of the 2025 exploration drill program at the Treaty Creek Project, located in the Golden Triangle of Northwest British Columbia.  Teuton owns a 20% carried interest (carried until a production dec ...
CHARBONE Announces Closing of Units for Debt Financing Totaling $0.5M
Thenewswire· 2025-10-17 11:25
Core Points - CHARBONE CORPORATION has successfully closed a debt settlement amounting to $503,125 with a strategic partner for the construction of its Sorel-Tracy plant [1][2] - The settlement was achieved through the issuance of 4,192,708 units, each priced at $0.12, which includes one common share and one common share purchase warrant [2] - The warrants allow the holder to purchase additional common shares at an exercise price of $0.14 for 12 months following the closing date [2] - The company aims to manage its cash prudently while advancing production for the Sorel-Tracy project [2] Company Overview - CHARBONE CORPORATION specializes in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific [3] - The company is building a distributed network of green hydrogen production plants and diversifying revenues through helium and specialty gas partnerships [3] - This modular approach is designed to reduce risk, enhance flexibility, and position CHARBONE as a leader in the transition to a low-carbon future [3]
Silver Crown Royalties Closes Final Tranche Of Silver Royalty On PPX Mining's Igor 4 Project
Thenewswire· 2025-10-16 17:00
Core Points - Silver Crown Royalties Inc. has completed the final tranche of its silver royalty agreement with PPX Mining Corp., increasing its royalty to 15% of the cash equivalent of silver produced from the Igor Project in Peru [1][2] - The final payment made by Silver Crown to PPX was US$637,000, which will result in an additional 58,500 ounces of silver, bringing the total to 225,000 ounces under the royalty agreement [2] - The CEO of Silver Crown stated that the company is positioned to achieve positive free cash flow by 2026 without needing to access capital markets for working capital, focusing on raising capital only for new royalties [3] Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company that aims to generate free cash flow and currently holds five silver royalties [3] - The company's business model provides investors with exposure to precious metals, acting as a hedge against currency devaluation and mitigating production-related cost inflation [3] - PPX Mining Corp. is a Canadian-based mining company with a flagship gold and silver project, Igor, located in northern Peru, focusing on disciplined growth and long-term value creation [4]