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 ...

One of the principal exploration targets at Horse Heaven: Antimony Ridge Resolution Minerals Ltd (ASX:RML, OTC:RLMLF) has agreed to acquire the Horse Heaven Project, a highly prospective antimony-gold-silver-tungsten project in the historic Stibnite Mining District in central Idaho’s Valley County – a prime location adjacent to one of the largest gold-antimony projects in the US. This deal is part of company’s expansion of its portfolio into the critical minerals space, with a particular focus on antimony ...

St. John's, Newfoundland and Labrador--(Newsfile Corp. - June 10, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to announce that, further to its May 7, 2025, news release, the Company has filed documents with the TSX Venture Exchange (the "Exchange") seeking final approval for its non-brokered flow-through private-placement financing (the "FT Financing"). On April 30, 2025, the Company closed the first tranche of the FT Financing, issuing 6,000,000 flow-t ...

Canadian Critical Minerals Generates Record Revenues of USD$358,000 from Bull River Mine in May 2025June 10, 2025 10:57 AM EDT | Source: Canadian Critical Minerals Inc.Calgary, Alberta--(Newsfile Corp. - June 10, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to report record 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 ...

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].