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Spark Energy Minerals Reports New Lithium and Gallium-REE Assay Results from Flagship Brazil Project
Newsfile· 2025-10-17 07:10
Core Insights - Spark Energy Minerals Inc. has reported new assay results from its Arapaima Project in Brazil's Lithium Valley, highlighting significant lithium and gallium-rare earth element (REE) anomalies [1][4] Group 1: Lithium Anomalies - Three lithium anomalies exceeding 1,000 ppm Li have been defined from surface rock samples at the Cruzeta target [8] - The ongoing exploration work includes mapping, geochemical analysis, and sampling to support the definition of high-priority critical-mineral drill targets [1][3] Group 2: Gallium and REE Expansion - The total rare earth oxide (TREO) values from stream-sediment samples at the Caladão target returned above 10,000 ppm (1%), extending the anomalous footprint southward [8] - The company is finalizing logistics and permitting for drilling at the gallium-REE Caladão target, adjacent to recent ionic-clay gallium and REE discoveries [3] Group 3: Drilling Plans - Initial drilling will test the subsurface continuity of lithium-bearing pegmatites and gallium-REE mineralization zones identified through surface sampling and mapping [3] - The exploration team is preparing to advance its first subsurface testing program within the district, guided by ongoing geochemical interpretation and field mapping [3][4]
American Critical Minerals Announces Upsize of Bought Deal Offering to $4.74 Million and Fully-Allocated Non-Brokered Offering
Newsfile· 2025-10-16 13:50
Core Viewpoint - American Critical Minerals Corp. has entered into an amendment agreement with Research Capital Corporation for a bought deal offering, aiming to raise a total of approximately $6.74 million through the sale of units at $0.35 each [1][2]. Financing Details - The company will issue 13,543,000 units at a price of $0.35 per unit, resulting in gross proceeds of $4,740,050 from the offering [1]. - A concurrent non-brokered private placement of up to 5,714,286 units at the same price is expected to raise up to $2,000,000, fully allocated [2]. - If the Underwriter's Option is fully exercised, the total gross proceeds could increase to $5,451,057.50, with a total of 15,574,450 units issued [5]. Unit Composition - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.45 for 36 months post-closing [3]. Use of Proceeds - The net proceeds from the offering will be allocated to an initial drill program targeting potash, lithium, and bromine at the Green River Project, as well as for working capital and general corporate purposes [4]. Regulatory and Market Context - The offering will be conducted under the listed issuer financing exemption, making the units immediately "free-trading" under applicable Canadian securities laws [6]. - The closing of the offering and private placement is anticipated around the week of November 3, 2025, pending necessary regulatory approvals [8]. Market Potential - The U.S. currently imports approximately 96.5% of its annual potash requirements, indicating a significant market opportunity for domestic production [17]. - The global potash market is valued at over $50 billion annually, with a compound annual growth rate (CAGR) of nearly 5%, while annual lithium demand is projected to exceed 1 million tonnes [17]. Project Overview - The Green River Project is located in Utah's Paradox Basin, which has logistical advantages and historical data supporting the potential for high-grade potash and lithium [12][13]. - The company holds a 100% interest in various mineral leases and claims covering approximately 32,530 acres, authorized to drill a total of 7 holes [15].
3 Rare Earth Stocks Powering America's Critical Minerals Boom
MarketBeat· 2025-10-16 12:15
Industry Overview - Rare Earth Elements (REEs) are not as rare as their name implies, but their separation and refinement are technically demanding and expensive [1] - REEs are essential for modern technologies, including smartphones, electric vehicles, medical imaging devices, and defense systems, due to their unique magnetic and conductive properties [2][3] - The demand for REEs has surged as the global economy shifts towards electrification and decarbonization, particularly for clean energy technologies [2] Geopolitical Context - China dominates the REE industry, producing nearly 60% of global supply and controlling about 90% of processing capacity, giving it significant leverage over global industries [4] - The geopolitical tensions between the U.S. and China have made REEs a strategic priority for Western governments, prompting efforts to rebuild domestic supply chains [4][5] Company Highlights MP Materials - MP Materials operates the Mountain Pass mine in California, the only active REE mine in North America, and is the largest producer of rare-earth materials in the Western Hemisphere [7] - The company's stock has increased over 500% year-to-date, driven by government support and trade tensions, particularly after China restricted rare earth exports [8] Lithium Americas - Lithium Americas is known for its lithium focus but plays a crucial role in the U.S. critical materials landscape, with its Thacker Pass project being one of the largest lithium deposits in North America [9][10] - The stock has surged 183% year-to-date, reflecting its strategic importance as the U.S. aims for energy independence and onshore battery production [10] Critical Metals Corp. - Critical Metals Corp. is recognized as one of the fastest-growing companies in the sector, focusing on mining and development of lithium and other critical minerals [12][13] - Its shares have climbed over 240% this year, driven by increasing investor interest in rare earth and battery metals [12]
Powermax Minerals Commences Exploration Program at Atikokan Property, Northwestern Ontario
Newsfile· 2025-10-16 10:00
Core Viewpoint - Powermax Minerals Inc. has initiated its 2025 exploration program at the Atikokan Property in Northwestern Ontario, focusing on rare earth elements and critical metals within a promising geological corridor [1][8]. Atikokan Property Overview - The Atikokan Property consists of three claim blocks (A, B, and C) covering approximately 7,120 hectares, underlain by various geological formations known to host pegmatites and rare-metal mineralization, including rare earth elements (REEs), uranium, thorium, and niobium [2]. - Regional geochemical and radiometric data have identified several lake sediment anomalies that will guide the current exploration phase [2]. 2025 Exploration Program - The Phase 1 program will last 4-6 weeks, depending on terrain and weather, and aims to establish a technical foundation for prioritizing targets and planning follow-up exploration in 2026 [3]. - Key activities include desktop data compilation, field prospecting, geological mapping, geochemical sampling (100-150 rock samples, approximately 350 soil samples, and 20-50 stream sediment samples), and radiometric surveys [6]. Project Significance - The Atikokan Property is strategically located within a rare-metal corridor of the Superior Province, where previous surveys have documented REE-enriched systems. The program aims to confirm regional geochemical trends and delineate potential mineralized zones for further exploration [7]. CEO Statement - The CEO of Powermax Minerals expressed excitement about the exploration program, highlighting its potential to contribute to North America's critical minerals supply chain and the global transition to clean energy [8]. Company Overview - Powermax Minerals Inc. is a Canadian mineral exploration company focused on advancing rare earth element projects, holding options to acquire the Cameron REE Property and the Atikokan REE Property, along with a 100% interest in the Ogden Bear Lodge Project in Wyoming [9].
American Critical Minerals Announces $4.0 Million Bought Deal Offering and Concurrent $2.0 Million Non-Brokered Private Placement
Newsfile· 2025-10-16 01:42
Core Viewpoint - American Critical Minerals Corp. has announced a bought deal offering to raise approximately $4 million through the sale of 11,429,000 units at a price of $0.35 per unit, alongside a concurrent non-brokered private placement aiming to raise an additional $2 million, totaling up to $6 million in gross proceeds [1][2]. Financing Details - The offering consists of units that include one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at an exercise price of $0.45 for 36 months post-closing [3]. - The net proceeds from the offering will be allocated for working capital and general corporate purposes [4]. - The underwriter has an option to increase the offering size by up to 15% of the total units issued, exercisable up to 48 hours before closing [4]. Regulatory and Market Context - The units will be offered under the listed issuer financing exemption in all Canadian provinces except Quebec and other qualifying jurisdictions, including the United States, and will be free-trading under applicable Canadian securities laws [5]. - The closing of the offering is expected around the week of October 27, 2025, pending necessary regulatory approvals [7]. Compensation Structure - The underwriter will receive a cash commission of 7% of the gross proceeds and broker warrants equal to 7% of the units sold, with each broker warrant allowing the purchase of one unit at the offering price for 36 months post-closing [8]. Project Overview - The Green River Potash and Lithium Project is located in Utah's Paradox Basin, which has significant logistical advantages and is close to major infrastructure [11]. - The project has a substantial exploration target of 600 million to 1 billion tonnes of sylvinite, with average grades ranging from 19% to 29% KCl, and the basin is believed to contain up to 56 billion tonnes of lithium brines [12][14]. - The U.S. currently imports approximately 96.5% of its annual potash requirements, highlighting the strategic importance of domestic production [14].
Black Stone Minerals, L.P. Announces Distribution and Schedules Earnings Call to Discuss Third Quarter 2025 Results
Businesswire· 2025-10-15 21:30
Core Points - Black Stone Minerals, L.P. has declared a cash distribution of $0.30 per common unit for the third quarter of 2025, maintaining the same level as the previous quarter [1] Distribution Details - The distribution is attributed to the third quarter of 2025 and has been approved by the Board of Directors of the Partnership's general partner [1] - The announcement also includes the date for the third quarter 2025 earnings call [1]
Giga Metals Announces Non-Brokered Private Placement Including Critical Minerals Flow-Through
Globenewswire· 2025-10-15 20:30
NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Giga Metals Corp. (“Giga Metals” or the “Company”) (TSX-V: GIGA; OTCQB: GIGGF; FSE: BRR2) is pleased to announce a non-brokered private placement (the “Private Placement”) consisting of: (i) Critical Minerals flow-through units of the Company (each, a "FT Unit”) at a price of $0.13 per FT Unit; and (ii) non-flow-through units (each, an “NFT Unit”) at a price of $0.11 pe ...
Solis Minerals Announces Change of Financial Year-End
Newsfile· 2025-10-15 20:27
West Leederville, Western Australia--(Newsfile Corp. - October 15, 2025) - Solis Minerals Limited (ASX: SLM) ("Solis Minerals" or the "Company") announces that it is changing its financial year-end from May 31 to December 31. The change in financial year-end has been made to better align the Company's financial reporting and tax planning with its business planning. Further details regarding the change in financial year-end, including the length and ending dates of the Company's financial reporting periods, ...
Minerals Technologies Inc. Announces Increase in Quarterly Dividend; Third Consecutive Year of Dividend Increases
Globenewswire· 2025-10-15 13:17
Core Viewpoint - Minerals Technologies Inc. (MTI) announced a 9% increase in its regular quarterly dividend to $0.12 per share, reflecting the company's confidence in its cash flow and long-term growth strategy [1][2]. Dividend Announcement - The increased dividend is payable on December 4, 2025, to stockholders of record as of October 30, 2025 [1]. - This marks the third consecutive year that MTI's Board of Directors has authorized a dividend increase [2]. Capital Deployment Strategy - MTI's quarterly dividend is part of a balanced capital deployment strategy that includes organic and inorganic investments, share repurchases, and maintaining a strong balance sheet [3]. - In October 2024, MTI's Board authorized a $200 million share repurchase program, with $50 million of shares repurchased by the end of the third quarter of 2025 [3]. Company Overview - Minerals Technologies Inc. is a global specialty minerals company with reported global sales of $2.1 billion in 2024 and operates in 34 countries with 4,000 employees [5].
Titan Minerals secures US$10M strategic investment to accelerate Dynasty
Proactiveinvestors NA· 2025-10-15 12:21
Core Viewpoint - Titan Minerals Ltd has secured a strategic investment of US$10 million from Lingbao Gold International Co. Ltd, which will enhance its resource drilling and de-risking studies at the Dynasty Gold Project, while Lingbao will acquire a 9.9% stake in Titan [1][2][12]. Investment Details - The investment involves the issuance of 25,809,865 new shares at a price of US$0.3874 (approximately A$0.59) per share, representing a 33% premium to the 30-day volume-weighted average price [1][13]. - The funds will be allocated for exploration and development of Titan's gold and copper projects in Ecuador, focusing on resource definition drilling and de-risking studies at the Dynasty Gold Project [14]. Strategic Partnership - Lingbao Gold's involvement is expected to provide access to capital and technical expertise, facilitating the rapid advancement of the Dynasty Gold Project [2][4]. - The partnership aims to unlock the value of the Dynasty Gold Project, which currently hosts 3.1 million ounces of gold and 22 million ounces of silver [9][10]. Company Background - Lingbao Gold Group Co. Ltd is a vertically integrated gold producer listed on the Hong Kong Stock Exchange, with a strong track record in developing and operating high-grade gold deposits [7][8]. - The company is projected to produce approximately 200,000 ounces of self-mined gold by 2025, with a market capitalization expected to reach HK$26 billion [6]. Future Prospects - The strategic investment is anticipated to create significant value for shareholders of both Titan and Lingbao, with a focus on fast-tracking the development of the Dynasty Gold Project [5][11].