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]

Core Viewpoint - Aura Minerals Inc. has filed a preliminary economic assessment (PEA) for its wholly owned Era Dorada Project, previously known as the Cerro Blanco Project, indicating strong economic potential for the underground mining operation [1][3]. Group 1: Project Overview - The Era Dorada Project is located in Jutiapa, Guatemala, approximately 160 km from Guatemala City and 9 km from the El Salvador border, covering an area of 15.25 km² [4]. - The project is accessible year-round via the Pan-American Highway and is situated in a tropical dry forest climate with elevations between 450–560 meters above sea level [5]. Group 2: Economic Assessment Highlights - The PEA estimates a capital expenditure (Capex) of US$264 million, an after-tax net present value (NPV) of US$485 million, and an unleveraged after-tax internal rate of return (IRR) of 24% based on a gold price of US$2,410 per ounce [3][6]. - The project anticipates total production of approximately 1.4 million ounces of gold over a 17-year life of mine, with an average production of 91,000 ounces in the first four years [6]. Group 3: Mineral Resource Estimates - Indicated mineral resources are estimated at 1.9 million ounces of gold, based on 6.35 million tonnes at a grade of 9.31 grams per tonne [6][18]. - The project has a total initial implementation Capex of approximately US$264 million, with a payback period of about 3.5 years after operations commence [6]. Group 4: Historical Context and Development - The Era Dorada Project was initially identified by Mar-West in 1998 and has undergone extensive exploration and development by various companies, including Goldcorp and Bluestone Resources [10][8]. - As of the end of 2021, Bluestone had drilled approximately 267 holes totaling 45,725 meters on the property since acquiring it from Goldcorp [10]. Group 5: Environmental and Social Considerations - Aura is committed to collaborating with local authorities and government agencies to ensure that the Era Dorada Project meets high environmental and social standards under its Aura 360 culture [3][22].

Core Points - Cordoba Minerals Corp. held its Annual General Meeting of Shareholders on June 9, 2025, where all nominated directors were elected [1] - Shareholders voted overwhelmingly in favor of the re-appointment of Deloitte LLP as the company's auditors for the upcoming year [2] - The company's stock option plan was re-approved, allowing for the issuance of shares not exceeding 10% of the company's issued and outstanding shares, pending final approval from the TSX Venture Exchange [3] Company Overview - Cordoba Minerals Corp. is focused on the exploration, development, and acquisition of copper and gold projects, including the Alacran Project in Colombia and a 51% interest in the Perseverance Copper Project in Arizona, USA [4]

Core Viewpoint - CopAur Minerals Inc. has announced a non-brokered private placement financing for gross proceeds of $85,000, increasing the previously closed financing to a total of $590,500 [1][5]. Financing Details - The private placement will consist of 850,000 units priced at $0.10 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [2]. - Each whole warrant allows the holder to purchase an additional common share at a price of $0.15 for 18 months from issuance [2]. - An acceleration clause is included, allowing the company to shorten the expiry date of the warrants if the common shares trade at or above $0.20 for 10 consecutive trading days [3]. Related Party Transaction - Jeremy Yaseniuk, the CEO and a director, intends to subscribe for 350,000 units under the private placement, which is considered a related party transaction [4]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements, as the amount invested by the related party will not exceed 25% of the company's market capitalization [4]. Use of Proceeds - Proceeds from the private placement will be utilized to advance the company's exploration initiatives and for general working capital purposes [5]. Company Overview - CopAur is focused on developing projects in the mineral-rich mining regions of Nevada, with its flagship project being the Kinsley Mountain Gold Project [6].

Core Viewpoint - Solis Minerals Limited is voluntarily delisting its common shares from the TSX Venture Exchange to focus on a primary listing on the Australian Securities Exchange, which is expected to enhance liquidity and reduce costs [2][3][8]. Company Actions - The company has applied for delisting from the TSXV, with the expected delisting date around June 23, 2025 [4][8]. - In conjunction with the delisting, Solis Minerals plans to re-domicile to Australia, pending shareholder and regulatory approvals [5][8]. Shareholder Impact - Existing TSXV shareholders can convert their shares into CHESS Depositary Interests (CDIs) to trade on the ASX [6][8]. - Approximately 8% of the company's securities are held by TSXV shareholders following a placement in February 2025 [8]. Operational Focus - The delisting and re-domiciliation are aimed at streamlining operations, allowing the company to focus resources on exploration activities, particularly in its copper-gold projects in southern Peru [7][8][12]. - The company holds 81 concessions totaling 69,200 hectares in its South American copper portfolio [12].