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Atomic Minerals Announces Non-Brokered LIFE Offering and Concurrent Private Placement of up to $1.8M and Adoption of Shareholder Rights Plan
Newsfile· 2025-11-19 12:00
Core Viewpoint - Atomic Minerals Corporation is conducting a non-brokered private placement to raise up to $1.8 million through a LIFE Offering and a Concurrent Private Placement, aimed at funding uranium exploration projects in Saskatchewan and the U.S. [1][6] Group 1: Financing Details - The LIFE Offering consists of up to 12,000,000 units priced at $0.05 per unit, aiming for gross proceeds of up to $600,000 [1] - The Concurrent Private Placement will offer up to 24,000,000 units at the same price, targeting gross proceeds of up to $1,200,000 [1] - Each unit includes one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.10 for 12 months [2] Group 2: Use of Proceeds - The net proceeds from both offerings will be utilized for exploration activities at uranium projects in Saskatchewan and the Colorado Plateau, as well as for general administrative expenses [6] Group 3: Shareholder Rights Plan - The company has adopted a shareholder rights plan effective October 14, 2025, to ensure fair treatment of all shareholders during unsolicited take-over bids [9][10] - The plan includes provisions for rights attached to shares that become exercisable if an acquiring person obtains 20% or more of the voting securities without complying with the plan [11] - The plan is subject to ratification by shareholders at the upcoming annual general meeting on November 21, 2025 [12] Group 4: Market Making Engagement - Atomic Minerals has engaged Independent Trading Group as a market maker to enhance liquidity and maintain a reasonable market for its shares [13] - The market-making agreement includes a monthly compensation of CAD$6,000 plus GST, with an initial term of one month [14]
Dateline Resources to Present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference November 19th
Globenewswire· 2025-11-18 16:29
Company Overview - Dateline Resources Limited is an Australian company focused on mining and exploration in North America, owning 100% of the Colosseum Gold-REE Project in California [4]. - The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California, with a JORC-2012 compliant Mineral Resource estimate of 27.1 million tonnes at 1.26 grams per tonne gold, totaling 1.1 million ounces [5]. Recent Developments - On May 23, 2025, Dateline announced updated economics for the Colosseum Gold Project, revealing a net present value (NPV) of US$550 million and an internal rate of return (IRR) of 61% based on a gold price of US$2,900 per ounce [6]. - The company has commenced planning for drill testing the rare earth element (REE) potential at Colosseum, which is located less than 10 kilometers north of the Mountain Pass Rare Earth mine [6]. New Acquisitions - Dateline has acquired the Argos Strontium Project, the largest strontium deposit in the U.S., located in San Bernardino County, California, with previous celestite production grading over 95% SrSO4 [7]. Upcoming Events - Mr. Stephen Baghdadi, Managing Director of Dateline, will present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference on November 19, 2025, at 3:30 PM ET, with opportunities for one-on-one meetings available on November 20, 21, 23, and 24 [1][2].
First Atlantic Nickel Attends Benchmark Week 2025 Conference, Highlighting Awaruite – A Naturally Magnetic Nickel-Cobalt Alloy as a Smelter-Free Source For North America's Critical Minerals Supply Chain
Globenewswire· 2025-11-18 12:01
Core Insights - First Atlantic Nickel Corp. is participating in Benchmark Week 2025 to showcase its Pipestone XL Nickel Alloy Project, which addresses the increasing demand for nickel and cobalt production in North America [1][2] - The Pipestone XL Project utilizes awaruite, a naturally occurring nickel-iron-cobalt alloy, which allows for efficient processing without the need for overseas smelting, thus reducing energy consumption and environmental impact [6][20] Company Overview - First Atlantic Nickel Corp. is focused on developing the Pipestone XL Nickel Alloy Project located in Newfoundland, Canada, which spans a 30-kilometer ophiolite complex [29] - The project aims to establish a secure and reliable source of nickel production for various industries, including electric vehicles and aerospace, while addressing supply chain vulnerabilities [30] Project Details - The Pipestone XL Project features awaruite, which contains approximately 77% nickel and is free of sulfur, allowing for smelter-free processing through magnetic separation and flotation [1][6] - Awaruite's unique properties enable a simplified processing method that significantly reduces energy requirements and environmental impacts compared to traditional nickel extraction methods [7][21] Market Context - The electric vehicle and battery industries are heavily reliant on nickel and cobalt, with the U.S. importing 83% of its nickel and 69% of its cobalt, highlighting the strategic importance of domestic production [8][9] - The U.S. Geological Survey has recognized awaruite as a potential solution to nickel shortages, emphasizing its easier concentration compared to traditional nickel sulfides [2][30] Supply Chain Implications - First Atlantic's discovery of awaruite allows for complete domestic processing, reducing reliance on foreign entities and enhancing the resilience of North American supply chains for critical minerals [9][30] - The project is positioned to mitigate vulnerabilities in the supply chain for electric vehicle manufacturers and battery producers, particularly in light of geopolitical shifts [4][9] Technical Advantages - Metallurgical testing has shown that the Pipestone XL Project can produce high-grade concentrates with nickel grades averaging between 1.30% and 1.47%, with potential to exceed 60% through flotation [12][20] - The processing method achieves approximately 90% mass reduction during initial magnetic separation, leading to lower energy consumption and overall costs [12][21]
Powermax Minerals Completes High-Resolution Airborne Geophysical Survey at the Atikokan Rare Earth Element Property, Ontario
Newsfile· 2025-11-18 11:00
Core Insights - Powermax Minerals Inc. has successfully completed a high-resolution airborne geophysical survey at its Atikokan Rare Earth Element Property in Ontario, which is a significant advancement for the company [1][8] Survey Overview - The survey covered a total of 1,409 line-kilometres, with flight lines spaced at 50 metres and tie lines at 500 metres, ensuring detailed geological and structural interpretation [2] - The helicopter operated at an average terrain clearance of 44 metres, maintaining high data quality [2] Survey Objectives and Quality - The primary objectives included refining structural and lithological interpretations, delineating magnetic trends, and identifying zones of elevated potassium, thorium, and uranium signatures [3] - All fieldwork and processing met contract specifications, with magnetic noise levels within acceptable limits and high accuracy in GPS positioning [4] Data Processing and Deliverables - Post-flight data processing utilized Geosoft Montaj and Praga NASVD software to enhance data quality, resulting in full digital databases, GeoTIFF maps, and a digital terrain model at a 1:30,000 scale [5] Management Comment - The CEO of Powermax Minerals highlighted the survey as a major step forward, emphasizing the excellent data quality that will enhance understanding of the mineralization framework in the Atikokan area [8] Next Steps - The company plans to conduct comprehensive processing and interpretation of the datasets, integrating them with historical mapping and recent geological data to guide future exploration activities [9] Company Overview - Powermax Minerals Inc. is focused on advancing rare earth element projects and holds options to acquire multiple properties, including the Atikokan REE Property and the Cameron REE Property [11]
Golden Sky Minerals Corp. Shareholders Approve Option and Joint Venture Agreement with Boliden
Newsfile· 2025-11-17 19:43
Core Viewpoint - Golden Sky Minerals Corp. has successfully secured shareholder approval for a significant Option and Joint Venture Agreement with Boliden Mineral Canada Ltd., which is expected to enhance the company's growth strategy and exploration potential in British Columbia [1][2][3]. Agreement Details - The Agreement allows Boliden to earn an 80% interest in Golden Sky's Rayfield copper-gold property by funding C$20 million in exploration expenditures over staged milestones [2]. - The combined land package of Rayfield and Boliden's Gjoll Property spans approximately 90,000 hectares in the Quesnel Trough, creating a district-scale exploration opportunity [2]. Strategic Implications - This partnership is a cornerstone of Golden Sky's growth strategy, reducing financial risk and minimizing equity dilution while retaining a 20% interest during the discovery phase [3]. - Boliden's funding commitment preserves Golden Sky's share structure, allowing the company to maintain 100% ownership of the Rayfield Property until Boliden exercises the option [3]. Exploration Plans - Ongoing collaboration has already initiated groundwork, including airborne geophysics and geochemical surveys, with drilling planned for high-priority targets [4]. - The partnership aims to execute an ambitious 2026 exploration program, focusing on geophysical and geochemical surveys, geological mapping, and initial drilling campaigns [4]. Company Overview - Golden Sky Minerals Corp. is a junior explorer focused on acquiring and developing mineral properties in mining-friendly districts, with a portfolio that includes the Rayfield-Gjoll Project and other gold projects in Canada [6][7].
Ionic Rare Earths Limited to Present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference November 19th
Globenewswire· 2025-11-17 13:35
Core Insights - Ionic Rare Earths Limited (ASX: IXR) is an emerging miner, refiner, and recycler of sustainable and traceable magnet and heavy rare earths essential for net-zero carbon technologies [5][6] - The company will present at the Australian Rare Earths & Critical Minerals Virtual Investor event on November 19, 2025, allowing real-time investor engagement [1][2] Company Highlights - Ionic Technologies International Limited, a wholly-owned UK subsidiary, focuses on the separation and recovery of rare earth elements from mining ore concentrates and recycled permanent magnets, aiming for over 99.5% rare earth oxide purity [6] - The Makuutu Rare Earths Project in Uganda, 60% owned by IonicRE, is positioned to be a sustainable supplier of high-value magnet and heavy rare earth oxides [7] - A joint venture with Viridis Mining and Minerals Limited in Brazil aims to establish a refinery and magnet recycling facility to enhance the supply chain for rare earths [7][10] Strategic Initiatives - The company has signed a Memorandum of Understanding (MOU) with US Strategic Metals to develop magnet recycling in Missouri, supporting US production of magnet rare earth oxides [10] - IonicRE is advancing magnet recycling initiatives in the UK in collaboration with major automotive companies as part of the UK Government-backed 'CirculaREEconomy' supply chain initiative [10] - The Brazilian joint venture has received government funding to progress the establishment of a downstream rare earth supply chain [10]
Canter Resources Highlights Boron's Addition to U.S. Critical Minerals List-Unlocking Strategic Advantages for the Columbus Lithium-Boron Project in Nevada
Newsfile· 2025-11-17 12:00
Core Viewpoint - Canter Resources Corp. announces the addition of boron to the U.S. Geological Survey's 2025 List of Critical Minerals, enhancing the strategic importance of its Columbus Lithium-Boron Project in Nevada [1][2]. Group 1: Strategic Importance of Boron - Boron is now classified as a critical mineral, expected to accelerate domestic investment in boron projects across the U.S., similar to the nearly $1 billion funding for Ioneer's Rhyolite Ridge Lithium-Boron Project [2]. - The U.S. government's recognition of boron as critical underscores its essential role in various sectors, including technology, energy, and advanced manufacturing [1][3]. Group 2: Columbus Lithium-Boron Project Highlights - The Columbus Basin features a broad lithium-boron mineralized system, extending approximately 8 km by 6.5 km, with significant boron enrichment observed in both sediment and brine samples [6]. - Field programs have reported boron values up to 30,000 ppm in solid sediment samples and up to 1,730 mg/L in shallow brine samples, indicating strong mineralization [6]. - Geochemical mapping shows a clear trend of increasing boron concentrations toward the northern structural corridor, aligning with the company's highest-priority exploration targets [6]. Group 3: Future Exploration and Development - The structural and hydrological characteristics of the Columbus Basin suggest potential for higher-grade lithium at depth, with evidence of structural traps indicating a maturing lithium-boron brine basin [7]. - The strategic importance of the Columbus Project is enhanced by its eligibility for federal funding and streamlined permitting processes due to the new critical mineral status of boron [6].
Earthwise Minerals Samples up to 13.4 g/t Gold, 27.2 g/t Silver, and 2.7% Lead During Summer Field Program
Accessnewswire· 2025-11-17 12:00
VANCOUVER, BC / ACCESS Newswire / November 17, 2025 / Earthwise Minerals Corp. (CSE:WISE)(FSE:966) ("Earthwise" or the "Company") is pleased to announce that it has received results from 2025 fieldwork with samples grading up to 13.4 g/t Au, 27.2 g/t Ag, > 10,000 ppm As, and 2.7% Pb. Earthwise holds the exclusive option to acquire up to an 80% interest in the Iron Range Project from Eagle Plains Resources Ltd. ...
Royal Road Minerals Reports Positive Rock-chip Channel Results from Ash Shajjah, Saudi Arabia: Follow-up Drilling Planned
Newsfile· 2025-11-17 12:00
Toronto, Ontario--(Newsfile Corp. - November 17, 2025) - Royal Road Minerals Limited (TSXV: RYR) (OTCQB: RRDMF) ("Royal Road" or the "Company") is pleased to announce encouraging continuous rock-chip channel sampling results from the Ash Shajjah prospect, part of its Jabal Sahabiyah gold exploration project in the Kingdom of Saudi Arabia.Royal Road's exploration activities in Saudi Arabia are conducted through its local subsidiary, Royal Road Arabia Limited ("RRA"), a 50:50 joint venture with MIDU Company ...
Golden Minerals Reports Third Quarter 2025 Financial Results
Accessnewswire· 2025-11-14 21:00
Core Insights - Golden Minerals Company reported its financial results for the quarter ending September 30, 2025, highlighting key performance metrics and business developments [1] Financial Performance - The company provided a summary of its financial results, with all figures presented in approximate U.S. dollars [1] Business Summary - The report includes a business summary that outlines the company's operational activities and strategic initiatives during the quarter [1]