Core Viewpoint - Fidelity Minerals Corp. intends to consolidate its common shares on a basis of five pre-consolidation shares for one post-consolidation share, aiming to enhance marketability and facilitate future financing [1][2]. Share Consolidation Details - The consolidation will reduce the number of outstanding shares from 108,652,859 to approximately 21,730,571 post-consolidation [1]. - The consolidation is expected to take effect around June 30, 2025, pending necessary approvals [1]. Shareholder Information - Uncertificated shareholders will have their accounts electronically adjusted without needing additional actions [3]. - Registered shareholders with physical certificates will receive a letter of transmittal to exchange their pre-consolidation shares for post-consolidation shares [4]. Company Overview - Fidelity Minerals is focused on developing high-quality mining assets in Peru and Canada, with projects like the Sunsets Project in British Columbia and the Las Huaquillas project in Northern Peru [6]. - The company also holds a 25% interest in the Florina Greensands project, which targets the potassium fertilizer market [6]. - The management team is experienced and aims to expand the project portfolio through strategic acquisitions [6].

Group 1 - Search Minerals Inc. will reinstate its common shares for trading on the TSX Venture Exchange at market open on June 16, 2025 [1] - The consolidation of shares will occur on a basis of one post-consolidation share for every ten pre-consolidation shares, effective at market open on June 17, 2025 [1] Group 2 - Search Minerals is focused on exploring and developing Critical Rare Earth Elements (CREE) and transition metals such as Zirconium (Zr) and Hafnium (Hf) in the Port Hope Simpson - St. Lewis CREE District of South-East Labrador [2] - The company controls two deposits (Foxtrot and Deep Fox) and two drill-ready prospects (Fox Meadow and Silver Fox), along with several other CREE prospects in a 64-kilometer long belt [2] - Additional CREE assets are located in the Red Wine CREE District of central Labrador, including the drill-ready Two Tom Lake CREE-Be-Nb deposit and other prospects [3]

Core Viewpoint - Lucky Minerals Inc. is undergoing a restructuring process, which includes changes in management, an amending agreement regarding the Prud'homme property, and a change in auditors [1]. Management Changes - Francois Perron has resigned as President, CEO, and interim Chairman but will remain as an independent director [2]. - Patrick Laforest has been appointed as Chief Operating Officer, President, and director, while Mario Bouchard has been appointed as an independent director [3]. Management Background - Patrick Laforest has nearly 15 years of experience in exploration and production geology, having worked with companies like Canadian Royalties and Hecla Mining. He holds an MBA from Laval University and has experience as an investment adviser [4][5]. - Mario Bouchard has a 42-year career in the Quebec government, including roles in strategic industries and major economic projects. He managed a billion-dollar investment fund focused on the mining sector [6][7][8]. Amending Agreements - The company has entered into an amending agreement regarding the option to acquire a 100% interest in the Prud'homme property, which includes several financial and operational conditions [11]. - Key amendments include extending the option payment deadline to June 30, 2025, setting a floor price for property shares at $0.10, and requiring a minimum of $1,000,000 in expenditures by the second anniversary of the effective date [12]. Property Details - The Prud'homme property consists of 79 mining titles located in Nunavik, Quebec, and includes approximately 18 known mineralized zones primarily containing copper, zinc, gold, and silver [15][16]. Change of Auditor - The company has appointed Mao & Ying LLP as the new auditors, replacing Olayinka Oyebola & Co., effective September 10, 2024. There were no reservations in the former auditor's reports [17][18][19].

Core Viewpoint - Panoro Minerals Ltd. has announced a brokered private placement offering to raise gross proceeds of up to C$10 million through the sale of up to 20 million units at a price of C$0.50 per unit [1][2]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$0.70 within 36 months of the closing date [1]. - The agents have an option to purchase up to an additional 15% of the units for additional gross proceeds of up to C$1.5 million [2]. - The offering is scheduled to close on June 23, 2025, or within 45 days of the announcement date, subject to certain conditions [8][9]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for infill drilling, metallurgical testing, pre-feasibility engineering, and completing an updated preliminary economic assessment for the Cotabambas Copper-Gold-Silver project [3]. - Additional uses include working capital, mineral concession payments, and general corporate purposes [3]. Group 3: Regulatory and Compliance - The offering will be conducted as a private placement in Canada (excluding Quebec), the United States, and other agreed jurisdictions, exempt from certain registration requirements [4]. - The securities offered have not been registered under the U.S. Securities Act and cannot be sold in the U.S. without registration or applicable exemptions [5].

Corporate Update - Search Minerals Inc. has announced a corporate update including the reinstatement of trading on the TSX Venture Exchange (TSXV) expected around June 17, 2025 [4] - The company faced a cease trade order (CTO) due to failure to file annual audited financial statements for the year ended November 30, 2023 [2][3] - A new Board of Directors was elected on June 21, 2024, to address management issues and has since worked to remedy the company's situation [3] Financial Position - The company's interim financial statements for the three months ended February 28, 2025, show a working capital deficiency of $5,282,051 [6] - The deficiency is primarily due to accounts payable and accrued liabilities totaling $2,885,836 and other debts [7] - The company plans to seek financing through a private placement to return to a positive working capital position [11] Financing and Debt - Search Minerals intends to conduct a non-brokered private placement to raise approximately $12 million, with each unit consisting of one share and one warrant [11] - The company has entered into a loan agreement for an unsecured loan of $750,000 to support its operations [16][17] - The loan bears an interest rate of 15% per annum and is payable by August 30, 2026, or upon closing of any financing exceeding $2.5 million [17] Share Consolidation - The company plans to consolidate its shares on a basis of ten pre-consolidation shares for one post-consolidation share, reducing the number of outstanding shares from approximately 417.99 million to about 41.80 million [18][19] - The consolidation is expected to take effect on or about June 17, 2025 [18] Annual General Meeting - The company intends to hold its annual general meeting on July 24, 2025, to comply with TSXV Policy 3.1 [25] - The last annual meeting was held on May 25, 2022, and the company has not been in compliance since then [23][24] Management Changes - The new Board appointed Joseph Lanzon as CEO and Greg Andrews as CFO and Corporate Secretary, although Andrews resigned later [27] - The company is currently not in compliance with TSXV Policy 3.1 regarding management structure and audit committee requirements [26][27]

Core Viewpoint - Homerun Resources Inc. has been selected for the Detailed Work-Plan phase of a strategic minerals funding initiative by BNDES and FINEP, positioning the company to access various funding instruments for mineral transformation projects [1][2]. Funding and Project Details - The initiative has a total funding of USD $815 million aimed at accelerating high-impact mineral transformation projects, with Homerun now able to access long-term credit lines, equity investments, non-reimbursable funds, and economic subsidies [2][5]. - Homerun will prepare a comprehensive Detailed Work Plan (DWP) that includes milestones, budgets, and socio-environmental commitments for the Belmonte Silica Project, which, upon approval, will facilitate negotiations for financing agreements [3][4]. Company Achievements and Market Position - Homerun's selection is notable as it was the only silica/silicon-focused company among 124 proposals submitted, highlighting its unique position in Brazil's strategic minerals sector [4]. - The company aims to enhance its solar glass production and silica processing capabilities, contributing to Brazil's energy transition initiatives [5]. Strategic Initiatives and Partnerships - The R$5 billion funding program is part of the New Industry Brazil initiative, focusing on large-scale industrial plants and pilot projects, with R$8 billion allocated for company equity investments, partly in partnership with mining leader Vale [5]. - Homerun is positioned to capitalize on high-growth global energy transition markets through its vertically integrated strategy, which includes advanced silica technologies and multiple profit centers [7][9]. Commitment to Sustainability - The company maintains a strong commitment to ESG principles, utilizing sustainable production technologies and aiming to benefit local communities [10].

About this content About Lisa Uhlman Lisa Uhlman is an equities reporter at Proactive Investors, covering ASX-listed companies across the mining, energy, biotech and emerging tech sectors. With a background in legal and financial journalism, Lisa brings a sharp analytical lens to market news and corporate developments. Prior to joining Proactive, she reported for national trade publications and newswires, with a focus on court reporting, regulatory affairs and ESG-related business issues. Based in Sydney ...

Core Viewpoint - Resolution Minerals Ltd has agreed to acquire the Horse Heaven Project, a promising antimony-gold-silver-tungsten project located in Idaho's Valley County, enhancing its portfolio in the critical minerals sector [1][2]. Strategic Location and Project Highlights - The Horse Heaven Project is strategically located adjacent to Perpetua Resources' Stibnite Gold-Antimony Project, which adds significant value in the US critical minerals market [3]. - The project features two major fault zones known for high-grade mineralization: the Antimony Ridge Fault Zone (ARFZ) and the Golden Gate Fault Zone (GGFZ) [3]. Exploration Potential and Results - Preliminary drilling results have shown promising mineralization, with a notable rock chip sample returning 3.68 grams per tonne (g/t) gold, 303 g/t silver, and 2.72% antimony over a 4-meter interval [5]. - Historical drilling has indicated large tonnage potential, with drillhole 87-GGR-31 intersecting 85.34 meters at 0.937 g/t gold, including 38.10 meters at 1.459 g/t gold [6]. - Historical estimates suggest 216,000 ounces of gold at Golden Gate Hill and 70,000 ounces at Antimony Hill, although these figures are not compliant with the JORC Code [9]. Project Scope and Historical Context - The project covers 5,644 hectares, comprising 689 mining claims and 10 lode mining claims, situated in a historically prolific mining region [10][12]. - The area has a history of production, including artisanal gold and tungsten production from the 1950s to 1980s, which enhances its exploration and development potential [6]. Market Context and Strategic Positioning - The acquisition positions Resolution Minerals favorably within the US critical minerals sector, particularly for antimony and tungsten, which are essential for various industries [13]. - With record-high prices for antimony and tungsten due to supply chain issues, the company aims to capitalize on the growing demand [14]. Next Steps and Funding - Following the acquisition, the company plans a comprehensive exploration program, including geophysical surveys, soil sampling, and metallurgical testing [17]. - To fund the acquisition and exploration activities, Resolution Minerals has raised $1.9 million through a placement, which will also support its other projects [18].

Core Viewpoint - Sokoman Minerals Corp. is seeking final approval for its non-brokered flow-through private-placement financing, aiming to raise a total of CAD$400,000 through the issuance of 8,000,000 flow-through common shares [1][2]. Financing Details - The first tranche of the financing closed on April 30, 2025, with 6,000,000 flow-through common shares issued [2]. - Upon receiving Exchange approval, an additional 2,000,000 flow-through common shares will be issued, bringing the total to 8,000,000 shares [2]. - The company will pay CAD$6,000 in cash finders' fees for the second tranche, totaling CAD$24,000 in finders' fees for the entire financing [3]. Use of Proceeds - The gross proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses, which qualify as flow-through mining expenditures, by December 31, 2026 [4]. - The company intends to allocate the flow-through proceeds specifically to its exploration projects [5]. Company Overview - Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in Newfoundland and Labrador, focusing on gold projects [6]. - The company's flagship project is the 100%-owned Moosehead project, along with other projects like Crippleback Lake and Fleur de Lys [6]. - The company has entered a strategic alliance with Benton Resources Inc. for joint-venture properties in Newfoundland [6]. Recent Developments - In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc. to advance a lithium project [7].

Core Insights - Canadian Critical Minerals Inc. (CCMI) reported record revenues of approximately USD$358,000 from the sale of stockpiled mineralized material in May 2025 [1][6] - The company trucked 1,437 dry metric tonnes of sorted mineralized material to New Afton, which included high-grade copper, gold, and silver [1][2] - The mineralized material sent to New Afton had a grade of 3.06% Cu, 0.78 g/t Au, and 22.9 g/t Ag [1] Company Overview - CCMI is primarily focused on copper production assets in Canada, with its main asset being the Bull River Mine project, which contains 150 million lbs of copper [3] - The company also holds a 10% interest in XXIX Metal Corp., which owns the Thierry copper project and the Opemiska copper project [3] Operational Context - The mineralized material was sorted and stockpiled during March and April 2025 due to road restrictions, and new material was processed in May 2025 [2] - The sale of mineralized material helps offset care and maintenance costs for the Bull River Mine and provides funding for the permit process to restart operations [3]