Workflow
MTI(MTX)
icon
Search documents
Canadian Critical Minerals Closes $100,000 Flow-Through Financing
Newsfile· 2024-12-30 16:53
Calgary, Alberta--(Newsfile Corp. - December 30, 2024) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") has closed a $100,000 financing composed of 1,666,667 flow-through units with an issue price of six cents per unit. Each flow-through unit consists of one common share and one-half of one common share purchase warrant that is exercisable into a common share at an exercise price of nine cents per share for a period of two years.All securities issued are subject to a ...
Cordoba Minerals secures $10M bridge financing to advance Alacran
Proactiveinvestors NA· 2024-12-27 13:49
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Cordoba Minerals Arranges US$10 Million Bridge Financing with JCHX
Newsfile· 2024-12-27 12:30
Core Viewpoint - Cordoba Minerals Corp. has arranged US$10 million in bridge financing through two loans from its joint venture partner JCHX Mining Management Co., Ltd. to support the advancement of the Alacran Copper-Gold-Silver Project in Colombia [7][8]. Group 1: Financial Arrangements - The bridge loans consist of two loans of US$5 million each, with a simple interest rate of 10% per annum for the first six months, increasing to 12% for the remaining months [3][7]. - The loans are payable on the earlier of 36 months after the loan agreements or the date the third installment of US$20 million becomes payable by JCHX under a strategic arrangement [3][4]. Group 2: Project Development - The purpose of the bridge loans is to ensure the continuation of mineral project advancements, including detailed engineering design work at the Alacran Project [8]. - The Alacran Project is positioned to become the next copper mine in Colombia, with ongoing support from JCHX [5]. Group 3: Regulatory and Compliance - The transactions are classified as "related party transactions" under Multilateral Instrument 61-101, exempting the company from obtaining a formal valuation and minority approval due to its listing on the TSX Venture Exchange [4]. - A material change report will be filed regarding these transactions, although it will be submitted less than 21 days prior to the closing, which aligns with market practices [4].
Canterra Minerals Closes $4.6 Million in Financings
Newsfile· 2024-12-23 19:57
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") announces that it has completed its non-brokered private placement previously announced on December 11, 2024 and upsized on December 18, 2024 (the "Offering"). The Company issued 34,143,517 flow-through common shares ("FT Shares") at a price of $0.12 per FT Share, and 5,000,000 units (the "Units") at $0.10 per Unit for total gross proceeds of $4,597,222. ...
Atomic Minerals Provides Update on Properties in the Athabasca Basin and Northern Saskatchewan
Newsfile· 2024-12-23 12:30
Atomic Minerals Provides Update on Properties in the Athabasca Basin and Northern SaskatchewanDecember 23, 2024 7:30 AM EST | Source: Atomic Minerals Corp.Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Atomic Minerals Corporation (TSXV: ATOM) ("Atomic Minerals" or the "Company") is pleased to provide a corporate update regarding an amendment to its previously signed Asset Purchase Agreement (the "Agreement") involving a uranium land package in Northern Saskatchewan (the "P ...
Critical One Extends Payment Terms to Star Minerals
GlobeNewswire News Room· 2024-12-19 14:32
TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One”) (CSE: GREN) (OTCQB: MMTLF) (FSE: 4EF0) announces a variation to its Earn-In and Exploration Rights Agreement (“Agreement”) with Star Minerals Limited (“Star Minerals”) (ASX: SMS). This amendment enhances payment flexibility while preserving the strategic interests of both parties. Under the revised terms, Star Minerals has paid US$75,000 and issued US$200,000 in Star Shares and Performance Sha ...
Dorchester Minerals: Q3 2024 Distribution Was A Positive Surprise
Seeking Alpha· 2024-12-19 04:19
We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Dorchester Minerals (NASDAQ: DMLP ) announced a cash distribution of nearly $1 per unit for Q3 2024. This was considerably higher than the roughly $0.75 to $0.80 per unit distribution that I was expecting , and that ...
Canadian Critical Minerals Generates USD$198,000 in Revenue from Bull River Mine
Newsfile· 2024-12-18 18:05
Calgary, Alberta--(Newsfile Corp. - December 18, 2024) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to report revenues for the Company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River Mine ("BRM") project near Cranbrook, BC. During the month of November 2024, the Company trucked 524 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximate ...
Ridgeline Minerals Provides Year-End Exploration Update for its Nevada Portfolio
Newsfile· 2024-12-18 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2024) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to provide a year-end exploration update across its portfolio of six projects in Nevada. The Company's Swift and Black Ridge projects are operating under earn-in exploration agreements with Nevada Gold Mines ("NGM") with drilling in-progress at Swift. The Selena project is operating under an earn-in exploration agreement with a wholly ...
Kenorland Minerals Provides an Exploration Update and Grants Stock Options
Newsfile· 2024-12-17 12:30
Kenorland Minerals Provides an Exploration Update and Grants Stock OptionsDecember 17, 2024 7:30 AM EST | Source: Kenorland Minerals Ltd.Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to provide an update on its exploration activities for its portfolio of projects located in Quebec, Ontario, Manitoba, Saskatchewan, British Columbia, and Alaska and partnerships with Sumi ...