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Generation Uranium Announces Extension of Closing Date for Non-Brokered Private Placement
Thenewswire· 2025-09-18 00:35
Vancouver, BC – TheNewswire - September 17, 2025 – Generation Uranium Inc. (TSXV: GEN) (OTCQB: GENRF) (FSE: W85) (the “Company” or “Generation”) announces that, further to its news release dated July 11, 2025, the Company has received approval from the TSX Venture Exchange to extend the closing date of its non-brokered private placement until October 9, 2025.As previously announced, the private placement consists of up to 11,000,000 units of the Company at a price of $0.05 per unit for gross proceeds of up ...
Appointment of Mr. Jean Lafleur to the Board of Directors of Scandium Canada
Thenewswire· 2025-09-17 22:10
Core Insights - Scandium Canada Ltd. has appointed Mr. Jean Lafleur to its Board of Directors, enhancing its strategic governance and development in the critical minerals sector [1][4] - Mr. Lafleur brings over 45 years of experience in mineral exploration and has held leadership roles in various companies across multiple regions [2][3] - The company aims to become a market leader in scandium production, focusing on the development of aluminum-scandium alloys and the Crater Lake mining project [6] Company Developments - Mr. Lafleur's expertise in project evaluation and his international network will provide significant technical and strategic support to Scandium Canada [4] - The Board of Directors also includes Robert Kitchen, who has a strong background in economic development and Indigenous issues, and Guy Bourassa, who will serve as Chair of the Board [5] - Scandium Canada is committed to building a responsible economy through innovation and agility in the production of high-performance materials [6]
Bitcoin Well Announces Share Issuance
Thenewswire· 2025-09-17 20:30
Core Viewpoint - Bitcoin Well Inc. has issued a total of 870,806 common shares as payment for services rendered under a sponsorship agreement with Energon Entertainment LLC, with share prices set at C$0.15 and C$0.135 for different service periods [1]. Group 1: Share Issuance Details - The company issued 412,740 common shares at a deemed price of C$0.15 per share for services from March 1, 2025, to May 31, 2025 [1]. - An additional 458,066 common shares were issued at a deemed price of C$0.135 per share for services from June 1, 2025, to August 31, 2025 [1]. - All shares issued are subject to a statutory hold period of four months plus one day [2]. Group 2: Company Overview - Bitcoin Well aims to make bitcoin accessible to everyday people, providing modern banking conveniences alongside the benefits of bitcoin [3]. - The company operates Bitcoin ATM and Online Bitcoin Portal business units, which generate cash flow to support its mission [3].
Fidelity Minerals Announces Private Placement Financing
Thenewswire· 2025-09-17 19:15
Vancouver, BC, September 17, 2025 – TheNewswire - Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) (“Fidelity Minerals” or the “Company”) is pleased to announce that it has arranged a non-brokered private placement financing (the "Financing") of up to 12,500,000 units at a price of C$0.10 per unit for total gross proceeds of up to C$1,250,000. Each unit will consist of one common share and one-half warrant, with each full warrant exercisable into one additional common share at C$0.20 for a pe ...
Ecolomondo Continues Deliveries of Recovered Carbon Black from its Hawkesbury TDP Facility
Thenewswire· 2025-09-17 15:35
Core Viewpoint - Ecolomondo Corporation is advancing its sustainable scrap tire recycling technology, focusing on the production and sale of recovered carbon black (rCB) and tire-derived oil (TDO) from its Hawkesbury facility, with increasing demand from major customers [1][2][4]. Company Developments - The company has successfully shipped initial truckloads of rCB to a major off-take customer, who has placed additional orders for the 7th and 8th truckloads, each approximately 23 metric tons [2][3]. - A second major customer in the USA has approved Ecolomondo's rCB for its supply chain, with expectations for bulk purchase orders soon [4]. - Ecolomondo has shipped its 25th tanker load of TDO, totaling 500 metric tons, valued at approximately $400,000 [5]. Production Capacity - The Hawkesbury facility is designed to process approximately 1 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 [9]. - The upcoming Shamrock facility is projected to process 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of rCB, 18,000 metric tons of oil, and 7,500 metric tons of steel [10]. Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction in GHG emissions compared to virgin carbon black production. The Hawkesbury and Shamrock facilities are expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [17]. Revenue Streams - Revenue from TDP facilities will be generated through the sale of end-products such as rCB, oil, gas, fiber, and steel, as well as from tipping fees for processing scrap tires [8]. Strategic Vision - Ecolomondo aims to be a leading producer and reseller of recovered resources, focusing on building and operating TDP facilities in industrialized countries to enhance shareholder value and contribute to the circular economy [11][12]. Certification and Compliance - The company has received the International Sustainability and Carbon Certification (ISCC) for its Hawkesbury facility, enhancing the commercial value of its end-products through traceability in the supply chain [13]. Social Responsibility - Ecolomondo is committed to measuring global health and safety, injury rates, gender diversity, ethics, anti-corruption, ESG reporting, and board independence as part of its Environmental, Social, and Governance (ESG) initiatives [15].
Arizona Gold & Silver Intersects Deep, High-Grade Mineralization at Philadelphia Project: 9.04 gpt Gold & 34 gpt Silver over 20.43 Metres from 320.73 Metres
Thenewswire· 2025-09-17 14:25
Core Insights - Arizona Gold & Silver Inc. announced positive assay results from the ongoing core drilling program at the Philadelphia Project in Arizona, with hole PC25-156 returning 9.04 grams per tonne (gpt) gold and 34 gpt silver over 20.43 meters [1][4] - The results confirm the untapped potential of the Perry Vein system, indicating that mineralization increases in size and grade with depth [3][4] - The company plans to expand its exploration program for 2026, including an amendment to increase the exploration area by 200 acres and prepare 16 new drill pads [4][14] Drilling Results - Hole PC25-156 intersected high-grade mineralization, with notable intervals including 5.61 gpt Au and 29.2 gpt Ag over 38.72 meters, and 45.60 gpt Au and 54.9 gpt Ag over 1.19 meters [4][5] - The mineralization is hosted in brecciated, banded, and massive vein quartz, with visible gold observed in the core [3][4][6] - The deposit is open in all directions, suggesting further exploration potential [4] Future Plans - The company has arranged for a core rig to arrive in October to drill three additional holes, with results expected to inform the 2026 drill program [14] - The proposed drill sites will allow for drilling down dip and along strike on the Perry Vein, potentially extending exploration by at least another 500 meters [14] - Continued exploration drilling is planned, with three additional holes to test further expansion of the vein [4]
Beauce Gold Fields: Non-Brokered Private Placement Offering
Thenewswire· 2025-09-17 13:20
Core Viewpoint - Beauce Gold Fields is initiating a non-brokered private placement to existing shareholders and accredited investors, aiming to capitalize on recent gold discoveries and updated exploration targets [1][2]. Group 1: Private Placement Details - The company is offering a minimum of 2,000,000 units and a maximum of 20,000,000 units at a price of $0.04 per unit, targeting gross proceeds of $80,000 to $800,000 [3]. - Each 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 $0.10 for 24 months post-closing [3][5]. - The placement is open to accredited investors and existing shareholders as of September 16, 2025, with a minimum subscription amount of $5,000 for existing shareholders [6][7]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated for general working capital and exploration of gold and phosphate properties [9]. - A maximum of 10% of the proceeds can be used for investor relations activities, and no proceeds will be allocated to non-arm's length parties or for payments related to investor relations [10]. Group 3: Company Background - Beauce Gold Fields focuses on exploring and developing the largest placer gold district in eastern North America, with the flagship property being the Saint-Simon-les-Mines gold project [13]. - The company aims to trace historical placer gold workings back to their bedrock source to uncover economic lode gold deposits, leveraging geological models that suggest significant gold formation in the region [13].
Element79 Gold Corp Obtains 2-Year Extension of Drilling Permit for Gold Mountain Project
Thenewswire· 2025-09-17 13:00
Core Insights - Element79 Gold Corp has secured a two-year extension of its drilling permit for the Gold Mountain Project, enhancing its exploration strategy in Nevada's Battle Mountain trend [1][2][3] Company Overview - Element79 Gold Corp is focused on the exploration and development of high-potential gold and silver projects, with significant activities in Nevada and Peru [9] Project Details - The Gold Mountain Project is a key asset for Element79, identified as drill-ready with multiple high-priority targets and significant gold mineralization potential [2][3] - A recent NI 43-101 Technical Report was completed and filed on September 3, 2025, compiling historic data to support further exploration [3] Strategic Importance - The permit extension allows the company to confidently advance its development strategy, aiming to build long-term value for shareholders [3]
SPARC AI Announces Private Placement
Thenewswire· 2025-09-17 12:05
Core Viewpoint - SPARC AI Inc. is conducting a non-brokered private placement to raise up to $300,000 through the sale of 1,428,570 units at a price of $0.21 per unit [1][2] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.28 within thirty-six months after the offering's closing date [2] - If the closing price of the common shares exceeds $1.00 for ten consecutive trading days, the company may accelerate the expiry date of the warrants [2] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to the development of the Target Acquisition System, including new features for defense applications, product marketing, tradeshows, demonstrations, and general corporate purposes [3] Group 3: Regulatory Compliance - The offering will comply with National Instrument 45-106, with 952,380 units available to Canadian residents (excluding Quebec) under the Listed Issuer Financing Exemption, and 476,190 units available to accredited investors in eligible jurisdictions [4] - Securities under the Listed Issuer Financing Exemption will not have a hold period, while those under the Accredited Investor Exemption will be subject to a four-month-and-one-day hold period [4] Group 4: Company Overview - SPARC AI Inc. specializes in high-tech solutions for GPS-denied environments, focusing on enhancing perception and awareness through its innovative Target Acquisition System and Autonomous Flight solution for drones [6]
Lithium Chile Provides Update on the Sale of its Arizaro, Argentina Project
Thenewswire· 2025-09-17 12:00
Core Viewpoint - Lithium Chile Inc. is progressing towards finalizing the sale of its Arizaro Project in Salta Province, Argentina, with significant advancements in due diligence and agreement negotiations [1][2][4][6]. Due Diligence and Agreement Progress - A binding letter of intent (LOI) was signed on December 16, 2024, and the company has made steady progress towards a definitive agreement [2]. - Operational due diligence was completed in February 2025, followed by the first draft of the definitive agreement being delivered [3]. - Financial and legal due diligence was completed by internationally recognized advisors in June 2025, allowing legal teams to address final terms [3][4]. Special Committee Review - A Special Committee of independent directors has been overseeing the transaction and has submitted the draft agreement to the TSX Venture Exchange for regulatory feedback [5]. - This submission marks a significant step towards finalizing the definitive agreement [5]. Company Statements - The President & CEO of Lithium Chile stated that most key commercial terms have been agreed upon, and the transaction is in its final stages [6]. - The buyer will submit the definitive agreement to its regulatory body for approval, indicating ongoing commitment from both parties to complete the transaction [6]. Company Overview - Lithium Chile Inc. holds a portfolio of 11 properties covering 106,136 hectares in Chile and 29,245 hectares in Argentina [7]. - The company has advanced its Arizaro project with a compliant Resource Report, Preliminary Economic Assessment, and Prefeasibility Study available on SedarPlus.ca [8].