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Military Metals Announces Historical Samples of up to 39.4% Antimony and 9.69 GPT Gold and Initiates Field Program at Its Tiennesgrund Antimony-Gold Project, Europe
Newsfile· 2025-08-12 11:30
Core Viewpoint - Military Metals Corp. has announced significant historical sampling results from its Tiennesgrund antimony-gold project in Slovakia, highlighting the potential for high-grade antimony and gold, which are critical for Europe's resource independence [1][3]. Summary by Relevant Sections Project Overview - The Tiennesgrund project is fully owned by Military Metals and spans 13 kilometers in length and 0.8 to 1.4 kilometers in width, covering a total area of 1,300 hectares [15]. - The project has historical significance, with previous mining activities and a large district-scale land package that remains underexplored [4][15]. Sampling Results - The highest grade antimony sample recorded was 39.4%, with other samples ranging from 2.5% to 39.4% [4]. - The highest grade gold sample was 9.69 grams per tonne (gpt), with a range from 0.07 gpt to 9.69 gpt [4]. - Four samples graded over 30% antimony, and all antimony samples returned gold values as well [4]. Strategic Importance - Antimony is classified as a critical raw material under the EU's Critical Raw Materials Act, emphasizing its importance for Europe's strategic resource independence [3]. - The project has the potential to support Europe's ambition to secure domestic supply chains for essential minerals, contributing to resilience against global resource volatility [3]. Future Plans - A field campaign is set to begin in early October, focusing on structural controls of mineralization to accurately delineate drill targets [8][15]. - The company intends to conduct soil geochemical surveys in areas where antimony and/or gold anomalies are identified, followed by trenching, sampling, and mapping [16]. Investor Relations - Military Metals has extended its agreement with Tafin GmbH for marketing and investor relations services, particularly targeting the German stock market [18]. - The company will make a one-time payment of EUR 50,000 (approximately CAD$80,130) for these services [18].
NEXTGEN DIGITAL CLOSES SECOND TRANCHE OF THE NON-BROKERED PRIVATE PLACEMENT OF SPECIAL WARRANTS AND COMMON SHARES
Globenewswire· 2025-05-16 22:00
Group 1 - NextGen Digital Platforms Inc. has completed the second tranche of its non-brokered private placement, issuing 3,393,100 special warrants and 440,000 common shares at a price of $0.30 per security, resulting in gross proceeds of $1,149,930.10 [1][2] - The company plans to complete a third and final tranche of the offering next week and has paid finder's fees totaling $41,845.31 in cash and 131,244 common share purchase warrants [2][5] - Each special warrant will automatically convert into one common share on the earlier of three business days after filing a prospectus supplement or four months and one day after the closing of the offering [3][4] Group 2 - The company intends to use the net proceeds from the offering for corporate development, marketing, and general working capital [5] - NextGen has engaged Tafin GmbH for investor relations services focused on the German stock market, with an initial term of ten weeks and a one-time payment of EUR250,000 [6] - NextGen Digital Platforms Inc. operates e-commerce platform PCSections.com and a hardware-as-a-service business supporting the AI sector, with plans to democratize access to cryptocurrencies [7]