To view a summary of today's press release by Ridgeline CEO Chad Peters, click HERE Vancouver, British Columbia--(Newsfile Corp. - January 7, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce the staking of the Atlas Gold Project, ("Atlas" or the "Project") a high-grade, oxide gold ("Au") exploration prospect in Eureka County, Nevada (Figure 1). The Company acquired Atlas via the low-cost staking of 59 lode claims totaling 1,219 ac ...

Core Viewpoint - Formation Minerals, Inc. has entered into a $10,000,000 Equity Financing Agreement with GHS Investments, LLC to support its growth and development in the oil and gas sector [2][5]. Financing Agreement Details - The Agreement allows Formation to sell up to $10 million shares of its common stock to GHS at an initial purchase price of 80% of the market price, over a 24-month period following SEC registration [3][7]. - The proceeds from the sale will be used for general corporate purposes, working capital, and potential acquisitions [4]. Company Strategy and Market Position - Formation Minerals focuses on acquiring and managing mineral and royalty interests in lower-risk, onshore oil and gas properties across major U.S. basins [2][8]. - The company aims to optimize its portfolio and invest in high-potential properties, maintaining a buy low and sell high strategy [5]. Background Information - Formation Minerals is based in Jacksboro, Texas, and is involved in the energy sector, specifically targeting revenue-producing assets [8]. - The company currently holds interests in several key U.S. basins, including the DJ Basin, Haynesville Shale, and Permian Basin [8].

Hudbay Minerals Inc. (HBM) announced that its Copper World project received an Air Quality Permit  from the Arizona Department of Environmental Quality. This marks the final major permit Hudbay Minerals needed for the development and operation of its project in Arizona. HBM expects the project to generate 85,000 tons of copper per year over an initial 20-year mine life.Details on Hudbay Minerals’ Copper World ProjectHBM’s fully-owned Copper World project located in Pima County is expected to boost the compa ...

Atomic Minerals Corp. Welcomes Renowned Geologist Matthew Schwab to Board of DirectorsJanuary 06, 2025 7:30 AM EST | Source: Atomic Minerals Corp.Vancouver, British Columbia--(Newsfile Corp. - January 6, 2025) - Atomic Minerals Corporation. (TSXV: ATOM) ("Atomic Minerals" or the "Company") is pleased to announce the appointment of Mr. Matthew Schwab to its Board of Directors. As a Saskatoon-based exploration geologist, Matthew is a recognized authority in uranium exploration and development, b ...

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 ...

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 ...

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].

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 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 ...

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 ...