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CopAur Minerals $400,000 Non-Brokered Private Placement
Newsfile· 2025-05-22 20:15
Core Viewpoint - CopAur Minerals Inc. has successfully arranged a non-brokered private placement financing for gross proceeds of $400,000 to support its exploration initiatives and general working capital [1][5]. Financing Details - The offering consists of 4,000,000 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 $0.15 for a period of 24 months from issuance [2]. - An acceleration clause is included, allowing the company to shorten the warrant expiry to 30 days if the common shares trade at or above $0.22 for 10 consecutive trading days [3]. Investor Participation - The placement has been fully subscribed and allocated to a select group of participants aligned with CopAur's long-term vision, indicating strong investor confidence [4][5]. Use of Proceeds - Proceeds from the financing will be utilized to advance exploration initiatives and for general working capital purposes [5]. Company Overview - CopAur is focused on developing projects in mineral-rich regions of Nevada, with its flagship project being the Kinsley Mountain Gold Project, located 90 kilometers south of the Long Canyon mine [6].
Solis Minerals launches maiden drill campaign at Chancho al Palo copper-gold project in Peru
Proactiveinvestors NA· 2025-05-22 00:24
Group 1 - Proactive Investors specializes in providing fast, accessible, and actionable business and finance news to a global investment audience [2][3] - The company covers a wide range of sectors including mining, energy, biotech, and emerging technologies, focusing on medium and small-cap markets as well as blue-chip companies [3] - Proactive's news team operates from key financial hubs around the world, including London, New York, Toronto, Vancouver, Sydney, and Perth [2][3] Group 2 - Proactive is committed to adopting new technologies to enhance content creation and workflow efficiency, leveraging decades of expertise [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Canadian Critical Minerals Generates USD$140,000 in Revenue from Bull River Mine
Newsfile· 2025-05-21 17:31
Group 1 - Canadian Critical Minerals Inc. (CCMI) reported revenues from the sale of stockpiled copper, gold, and silver mineralized material at the Bull River Mine project, with provisional payments of approximately USD$144,000 for April 2025 shipments [1] - In April 2025, the company trucked 429 dry metric tonnes of sorted mineralized material to New Afton, which graded 2.87% Cu, 1.97 g/t Au, and 21.0 g/t Ag [1] - Road restrictions imposed by the Ministry of Transportation and Infrastructure of British Columbia were lifted in late April 2025, allowing the company to resume trucking operations [2] Group 2 - CCMI's main asset is the 100% owned Bull River Mine project, which contains 150 million lbs of copper and has a mineral resource that includes copper, gold, and silver [3] - The company also holds a 10% interest in XXIX Metal Corp., which owns the Thierry copper project and the Opemiska copper project [3]
Royal Road Minerals Announces OTCQB Quotation
Newsfile· 2025-05-21 12:00
Company Overview - Royal Road Minerals Limited has commenced trading on the OTCQB marketplace under the symbol "RRDMF" while continuing to trade on the TSX Venture Exchange under the symbol "RYR" [1] - The company is a mineral exploration and development firm focused on discovering and developing copper and gold deposits with minimal environmental impact [4] Market Impact - The quotation on the OTCQB is expected to enhance visibility and convenience for US investors, leading to improved liquidity and a broader reach [2] - The OTCQB is recognized by the United States Securities and Exchange Commission as an established public market, providing public information for analysis and value of securities [3] Company Mission and Operations - Royal Road Minerals aims to apply expert skills and innovative technologies to discover and develop large-scale copper and gold deposits [4] - The company currently conducts exploration activities in Saudi Arabia, Morocco, and Colombia [4]
Electra Welcomes Ontario's $500M Fund to Boost Critical Minerals Processing and Bolster North American Supply Chains
GlobeNewswire News Room· 2025-05-21 11:00
Core Insights - Electra Battery Materials Corporation commends the Ontario government's C$500 million Critical Minerals Processing Fund, which aims to build a domestic supply chain for clean energy technologies [1] - The fund is expected to enhance local industry capabilities and support the growth of electric vehicle and battery manufacturing in Ontario [2] - Electra's CEO highlighted the importance of a North America-first approach to secure critical mineral supply chains amid global competition, particularly against China's dominance [6] Group 1: Government Initiatives - The C$500 million fund represents a significant investment in critical mineral processing, aligning with Electra's mission to create a sustainable battery materials supply chain [1][2] - The fund is anticipated to generate economic opportunities in Northern Ontario communities, supporting clean energy and electric vehicle manufacturing [2] Group 2: Company Strategy and Positioning - Electra is focused on developing North America's only cobalt sulfate refinery and aims to onshore critical minerals refining to reduce foreign reliance [7] - The company is also exploring nickel refining and battery recycling, with projects including black mass recycling and potential cobalt production in Quebec [7] Group 3: Industry Engagement - At the 2025 SelectUSA Investment Summit, Electra's CEO engaged with key stakeholders, emphasizing the urgency of reducing foreign dependence on critical minerals [4] - The company looks forward to collaborating with newly appointed federal cabinet ministers to advance clean energy and critical minerals priorities [5]
Canterra Minerals Step-Out Drilling Hits High-Grade Zone of 6.77% CuEq over 5.35m Beyond Current Buchans Resource, Newfoundland
Newsfile· 2025-05-20 11:00
Core Insights - Canterra Minerals Corporation has announced significant drilling results from its Buchans Project, highlighting the discovery of high-grade mineralization that extends beyond the current resource limits [1][3][4]. Drilling Results - The first drill hole, H-25-3539, intersected 6.77% copper equivalent (CuEq) over 5.35 meters, including 8.88% CuEq over 2.00 meters, indicating a strong extension of the high-grade Two Level mineralization [6][7]. - The mineralization remains open in multiple directions, suggesting potential for further resource delineation [7][8]. - The second mineralized interval from 225 meters to 243 meters extends known mineralization approximately 50 meters below the current resource [7]. Future Exploration Plans - Canterra plans to continue its 10,000-meter drilling campaign in 2025, focusing on testing extensions of the Two Level mineralization [3][4]. - The company is also conducting Deep 3DIP geophysical surveys to identify additional drilling targets [3]. Project Overview - The Buchans Project is an advanced critical minerals project covering 92.24 square kilometers, adjacent to the past-producing Buchans Mine, with significant undeveloped mineral resources [12][21]. - The Lundberg resource includes in-pit indicated mineral resources totaling 16.8 million tonnes, containing substantial amounts of copper, zinc, lead, silver, and gold [12]. Investor Relations - Canterra has engaged Digitonic Ltd. for an investor marketing campaign to enhance visibility within the investment community, with a budget of US$10,000 [18][19].
Dorchester Minerals: Reviewing Its Potential Results At Low-$60s Oil
Seeking Alpha· 2025-05-20 05:30
Group 1 - Dorchester Minerals (NASDAQ: DMLP) announced a Q1 2025 distribution of approximately $0.726 per unit, which is about 2% lower than the Q4 2024 distribution [2] - The expectation for organic production is flat to slightly declining in the current oil pricing environment [2] - The article highlights the author's extensive experience in analytical roles and a focus on value opportunities and distressed plays, particularly in the energy sector [2]
Cygnus Metals to Present at the Precious Metals & Critical Minerals Hybrid Investor Conference on May 22nd
GlobeNewswire News Room· 2025-05-15 12:35
Company Overview - Cygnus Metals Ltd. is a diversified critical minerals exploration and development company based in Perth, Western Australia, focusing on the Chibougamau Copper-Gold Project in Quebec, Canada [4] - The company is advancing its Chibougamau project with an aggressive exploration program aimed at driving resource growth and developing a hub-and-spoke operation model with a centralized processing facility [4] - Cygnus also holds quality lithium assets in the James Bay district of Quebec and has REE and base metal projects in Western Australia [4] - The management team has a proven track record of transforming exploration success into production enterprises and creating shareholder value [4] Upcoming Events - Ernest Mast, President and Managing Director of Cygnus Metals, will present live at the Precious Metals & Critical Minerals Hybrid Investor Conference on May 22nd, 2025 [1] - The event will be interactive, allowing investors to ask questions in real-time, and an archived webcast will be available for those unable to attend live [2] Investor Engagement - Virtual Investor Conferences (VIC) provides a platform for publicly traded companies to present directly to investors, enhancing investor access and engagement [5][6] - VIC replicates the components of an on-site investor conference, offering companies enhanced capabilities to connect with investors and schedule targeted one-on-one meetings [6]
Ridgeline Minerals Provides Drill Program Updates for the Big Blue and Atlas Projects
Newsfile· 2025-05-15 12:00
Ridgeline Minerals Provides Drill Program Updates for the Big Blue and Atlas Projects May 15, 2025 8:00 AM EDT | Source: Ridgeline Minerals Corp. Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to provide updates for maiden drill programs at the Big Blue and Atlas exploration projects (Figure 1). Both projects are 100%-owned by the Company with no underlying work commitments or royalties. ...
Minerals Technologies Inc. Declares Quarterly Dividend
Globenewswire· 2025-05-13 14:38
Company Overview - Minerals Technologies Inc. (MTI) is a technology-driven specialty minerals company based in New York, developing, producing, and marketing a wide range of mineral and mineral-based products, systems, and services [2] - The company serves various consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental sectors [2] - In 2024, MTI reported global sales of $2.1 billion [2] Dividend Announcement - The Board of Directors of MTI declared a regular quarterly cash dividend of $0.11 per share on the outstanding common stock [1] - This quarterly cash dividend is payable on June 12, 2025, to shareholders of record at the close of business on May 30, 2025 [1]