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NewGen Enters Into an Innovative Digital Assets Purchase Agreement with White Lion to Acquire up to 600,000 Solana Tokens Valued at Over $110 Million
Globenewswire· 2025-10-31 12:30
Core Insights - NewGenIvf Group Limited has entered a binding term sheet with White Lion Capital LLC for a Digital Assets Purchase Agreement involving 600,000 Solana (SOL) tokens [1][2] - The agreement allows NewGen the option to sell shares of common stock to White Lion over a 24-month period, compensated in Solana tokens instead of cash, aligning with the company's Solana treasury strategy [2][4] - NewGen's digital asset strategy was launched in December 2024, with an initial investment of US$1 million, and has since established a Solana treasury and engaged in real-world asset tokenization projects [4] Company Overview - NewGenIVF Group is a diversified, tech-forward entity focusing on real estate development, digital asset innovation, and reproductive health solutions [5] - The company operates through three divisions: NewGenProperty (real estate), NewGenDigital (digital assets and DeFi), and NewGenSup (health and longevity products) [5] - NewGen has accumulated 13,000 Solana tokens valued at approximately US$2.5 million as of the press release date [4]
Lion Copper Announces $2.5 Million Convertible Notes Offering
Newsfile· 2025-10-29 17:53
Core Points - Lion Copper and Gold Corp. announced a non-brokered private placement of secured convertible debentures for gross proceeds of up to US$2,500,000 [1][2] - The debentures will have an interest rate of 12% per annum and will mature in 12 months, with a conversion price of US$0.0965 per share [2] - Proceeds from the offering will be used to purchase lands and associated mineral rights for the Company's Yerington area projects [2] - The repayment of the debentures will be secured against the lands and mineral rights purchased with the proceeds [2] - The Company will issue up to 25,906,735 common share purchase warrants, allowing holders to acquire shares at US$0.0965 for 60 months [3] - A related party transaction involves the issuance of debentures to an insider for US$450,000, relying on exemptions from formal valuation requirements [4] - All securities issued will be subject to a four-month statutory hold period and resale restrictions under US Securities laws [5][6] - The securities have not been registered under the United States Securities Act of 1933 and cannot be sold in the U.S. without registration or exemption [6] - Lion Copper and Gold Corp. is advancing its flagship copper project in Yerington, Nevada through an agreement with Nuton LLC, a Rio Tinto Venture [7]
Lion One Metals Engages Atrium Research Corporation
Newsfile· 2025-10-25 01:00
Core Insights - Lion One Metals Limited has engaged Atrium Research Corporation to provide sponsored research services, which will include publishing reports and hosting interviews with management [1][2] - The engagement will last for 18 months, with a total cash compensation of $6,800 upfront and $3,400 monthly payments [1] - Atrium Research focuses on institutional quality research for public equities, emphasizing long-term investment perspectives and in-depth valuation analysis [3] Company Overview - Lion One Metals is a Canadian gold producer based in North Vancouver, with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and various mining facilities [4] - The company holds an extensive exploration license over the Navilawa Caldera, which contains multiple mineralized zones and exploration targets [4]
Lion One Announces Closing of Upsized Sidecar Private Placement
Newsfile· 2025-10-24 00:45
Core Points - Lion One Metals Limited has successfully closed an upsized non-brokered sidecar private placement, raising gross proceeds of $8,310,245.44, in addition to a previously completed LIFE Offering that raised $25,000,000, totaling $33,632,005.12 [1][2][3] Financing Details - The Sidecar Private Placement involved the issuance of 25,969,517 units at a price of $0.32 per unit, which included one common share and one warrant per unit [2] - The total number of Offered Units issued under both the Sidecar Private Placement and the LIFE Offering is 105,100,016 [2] - Each warrant allows the holder to acquire one common share at an exercise price of $0.42 for three years [2] Use of Proceeds - The net proceeds from the offerings will be used for the development of the Tuvatu Gold Project, repayment of a loan facility, and working capital [3] Management Commentary - The CEO expressed satisfaction with the demand for the offerings, indicating strong confidence in the company and plans to accelerate mine development and production at Tuvatu [3] Finder's Fees - The company paid finder's fees totaling $635,904 in cash and issued 1,987,200 finders warrants, representing an 8% commission on the gross proceeds [4] Regulatory Information - The listing of the common shares is subject to final acceptance by the TSX Venture Exchange, with certain securities under a statutory hold period [5] Company Overview - Lion One Metals is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and extensive exploration licenses [8]
Lion One Announces Closing of Second Tranche of LIFE Offering and Upsize of Sidecar Private Placement
Newsfile· 2025-10-20 12:00
Core Points - Lion One Metals Limited has successfully closed the second tranche of its non-brokered private placement, raising a total of $25,000,000 through the LIFE Offering [1][4] - The second tranche specifically raised $5,969,847 by issuing 18,557,334 Offered Units at a price of $0.32 per unit [1][2] - The company has also upsized its Sidecar Private Placement from $7,000,000 to $9,000,000 due to increased investor demand [3] Financial Details - Each Offered Unit in the LIFE Offering consists of one common share and one warrant, with the warrant allowing the purchase of a common share at $0.42 for three years [2] - The company paid finder's fees totaling $384,769.28 in cash and issued 1,202,403 finders warrants in connection with the second tranche [5] - The Sidecar Private Placement will consist of up to 28,125,000 Offered Units at the same issue price, with expected closing around October 22, 2025 [3][8] Use of Proceeds - The net proceeds from both the LIFE Offering and the Sidecar Private Placement will be used for the development of the Tuvatu Gold Project, loan repayments, and working capital [4] Company Overview - Lion One Metals is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and various mining facilities [10]
Power Metallic Mines reveals positive preliminary metallurgical study update on Lion deposit
Proactiveinvestors NA· 2025-10-16 12:41
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Lion One Reports 4,200 oz in Quarterly Gold Production
Newsfile· 2025-10-16 12:00
Core Viewpoint - Lion One Metals Limited reported a significant increase in gold production and recovery from the Tuvatu Gold Mine in Fiji for the quarter ending September 30, 2025, indicating strong operational performance and future growth potential [1][2][3]. Production Results - The company produced approximately 4,200 ounces of gold during the quarter, representing a 31% increase from the previous quarter [2][4]. - The average grade for the quarter was 5.1 g/t gold, a 39% increase from the previous quarter [2][4]. - Record quarterly gold recovery of 83.9% was achieved, with a record monthly recovery of 87.2% in July [2][3]. - A total of 29,850 tonnes of mineralized material was processed, with an average throughput of approximately 328 tonnes per day, exceeding the nameplate capacity of 300 TPD [3][4]. Mine Development - The company completed 1,712 meters of underground mine development during the quarter, marking the top three months of development in Tuvatu's history [6]. - A total of 28,423 tonnes of mineralized material was mined throughout the quarter [6]. - The first shrinkage stope was successfully completed, producing over 5,700 tonnes of material at an average gold grade of 10.60 g/t [3][6]. - A second, larger shrinkage stope is already in development, expected to contribute to production in Q4 2025 and Q1 2026 [6]. Management Commentary - CEO Ian Berzins expressed satisfaction with the quarter's results, highlighting the successful performance of both the mine and mill [3]. - Chairman Walter Berukoff acknowledged the efforts of the Fiji team in achieving the company's turnaround and emphasized the importance of teamwork [3][10]. Board of Directors Update - Edward (Ned) Collery stepped down from the Board of Directors, and Todd Romaine was appointed as an Independent Director, bringing over 25 years of experience in environmental, social, and governance (ESG) matters [8][9][10].
Power Metallic Initiates Metallurgical Testing of Lion Deposit Phase 1 Metallurgy Recovery Contracted to SGS Canada Inc., Quebec City, QC and Lakefield, ON
Prnewswire· 2025-10-16 07:00
Core Insights - Power Metallic Mines Inc. is conducting preliminary metallurgical studies to assess the economic potential of its Nisk project, which is crucial for resource reporting and development risk mitigation [1][2][6] - The metallurgical testing is being performed by SGS Canada Ltd, focusing on the recovery potential of various metals including copper, platinum group elements (PGEs), gold, silver, and nickel [1][2][5] - The Lion deposit has been identified with two mineralization zones: a High-Grade zone (HG) and a lower grade Hanging-wall Zone (LG), with the majority of metal value concentrated in the HG zone [3][4] Metallurgical Testing Details - The testing involves a competitive bid process, with SGS Canada Inc. awarded the contract due to their expertise in flotation metallurgical testing [1] - Approximately 300 kg of sample material from each mineralization zone has been collected, with specific procedures for creating composite samples for testing [5] - The metallurgical tests are expected to take around 14 weeks, with results anticipated to be reported by January 2026 [6] Mineralization Characteristics - The copper mineralization is primarily found in coarse-grained chalcopyrite and cubanite, which are expected to yield good recoveries through conventional concentration methods [2] - The HG zone consists of semi-massive to massive copper sulphide mineralization, while the LG zone contains disseminated and veined structural mineralization [3][4] Company Overview - Power Metallic is focused on advancing the Nisk Project Area, which includes high-grade copper, PGE, nickel, gold, and silver systems [9] - The company has expanded its land holdings significantly, now controlling approximately 212.86 km² of prospective land following recent acquisitions [10][11] - Power Metallic also has interests in exploration licenses in Saudi Arabia, further diversifying its mineral exploration portfolio [12]
Food Lion Feeds' Apple Bag Campaign Delivers 13.8 Million Meals to Nourish Neighbors
Globenewswire· 2025-10-14 16:28
Core Insights - Food Lion Feeds' annual Gala Apple Bag campaign provided over 13.8 million meals to local families facing food insecurity, marking the second-largest total since the campaign's inception in 2014 [1][3] - The campaign ran from September 17 to October 7, 2025, with customer purchases of specially marked bags of Gala apples and cash donations at the register contributing to hunger-relief organizations [2][6] - Since the campaign began, it has generated the equivalent of more than 57 million meals for families in need [3][6] Company Initiatives - The Food Lion Feeds Charitable Foundation awards over $1 million in grants annually to community partners focused on alleviating hunger [3][4] - The Foundation supports more than 500 local feeding partners and provides not only food but also health education and job skills training to strengthen communities [4] - Food Lion has committed to donating 3 billion meals by 2032, having already donated over 1.5 billion meals since 2014 through its hunger relief platform [7]
Lion One Drills 78.71 g/t Gold over 2.0 m, Including 168.25 g/t Gold over 0.9 m at Tuvatu Gold Mine in Fiji
Newsfile· 2025-10-09 12:00
Core Viewpoint - Lion One Metals Limited has reported significant high-grade gold results from its Tuvatu Alkaline Gold Project in Fiji, indicating strong potential for future mining operations [1][2]. Drilling Results - The company conducted 4,180.5 meters of underground infill and grade control drilling, focusing on the Zone 5 area, which is located down-dip of current mine levels [1][2]. - High-grade mineralized structures were intersected in 24 holes, with notable assays including 267.95 g/t over 0.3 m and 168.25 g/t over 0.9 m [2][6]. - The proximity of these results to existing workings suggests a strong probability of incorporation into the mine plan within the next six to twelve months [2][11]. Highlights of New Drill Results - Significant drill intercepts include: - 175.43 g/t Au over 0.9 m (including 267.95 g/t Au over 0.3 m) [6] - 78.71 g/t Au over 2.0 m (including 168.25 g/t Au over 0.9 m) [6] - 29.70 g/t Au over 3.1 m (including 179.52 g/t Au over 0.3 m) [6] - The results are typical for Tuvatu, which consists of high-grade narrow vein structures [11]. Mining Potential - The drilling targeted the down-dip extension of the Zone 5 lodes, which are expected to be mined within the next 6 to 12 months, representing an additional five levels of mining at Tuvatu [10][11]. - The Zone 5 area is believed to be the highest-grade part of the deposit, with the system remaining open at depth [9][10]. Company Overview - Lion One Metals is an emerging Canadian gold producer with operations at its 100% owned Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and an underground gold mine [21].