Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - Nevada Sunrise Metals Corporation (TSXV: NEV) (OTC Pink: NVSGF) ("Nevada Sunrise" or the "Company") is pleased to announce an increase to the size of the non-brokered private placement announced earlier today of up to 7,000,000 units, to a new total of up to 12,000,000 units (the "Offering") at a price of $0.05 per unit (the "Units") for gross proceeds of up to $600,000, due to investor demand. The Units will be issued on the same terms as ...

Core Viewpoint - Mink Ventures Corporation has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of $731,518 for its mineral exploration projects [1][6]. Group 1: Private Placement Details - The first tranche included the issuance of 4,810,000 hard dollar units at $0.10 each and 1,927,061 flow-through units at $0.13 each [1]. - Each hard dollar unit consists of one common share and one common share purchase warrant, allowing the holder to acquire one common share at an exercise price of $0.20 for 36 months [2]. - Each flow-through unit consists of one common share and one common share purchase warrant with the same terms as the hard dollar units [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for the exploration and advancement of the Montcalm nickel copper cobalt project and the Warren copper nickel project, as well as for general working capital purposes [5]. Group 3: Company Overview - Mink Ventures Corporation is focused on exploring critical minerals such as nickel, copper, and cobalt in the Timmins, Ontario area [6]. - The Montcalm Project covers 100 km adjacent to Glencore's former Montcalm Mine, which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu, and 0.051% Co [6]. - The Warren Ni Cu Co Project covers 1,130 hectares and is located 35 km away from Montcalm, both projects benefiting from excellent access and infrastructure [6].

Monitor Ventures Inc. Announces Closing of Settlement of Debt and Private PlacementOctober 16, 2025 4:35 PM EDT | Source: Monitor Ventures Inc.Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - MONITOR VENTURES INC. (TSXV: MVI.H) ("Monitor" or the "Company") reports that further to its previously announced debt settlement on September 19, 2025, it has issued 1,015,000 common shares ("Common Shares") of the Company at $0.075 each to extinguish $76,250 of debt. The Common Shares ...

“THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.” VANCOUVER, Canada, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) is pleased to announce that, in response to investor demand, it is increasing its non-brokered private placement announced on October 2, 2025 (the "Offering") to 20,000,000 units (the “Units”) for gross proceeds of CAD $4,000,000. The Offering price re ...

Group 1 - The Company, Q Precious & Battery Metals Corp., is proposing a private placement offering consisting of up to 16,666,667 flow-through units at a price of $0.09 per unit, aiming for gross proceeds of up to $1,500,000 [1][2] - Each flow-through unit will include one flow-through common share and one-half of a non-flow-through common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.12 for two years [1][2] - The Offering is subject to approval from the Canadian Securities Exchange and the securities will have a statutory hold period of four months and one day from issuance [3] Group 2 - Subscribers can opt to purchase flow-through shares without warrants at the same price of $0.09 per share [2] - The Company may pay finder's fees of up to 10% in cash and issue finder's warrants equal to 5% of the number of units or shares sold, along with bonus shares equal to 4% of the number sold [2] - Proceeds from the Offering will be allocated to fund mineral exploration activities [3]

Core Points - Forsys Metals Corp. has successfully closed a "bought deal" private placement, raising gross proceeds of C$18,925,760, including a partial over-allotment option of C$1,925,280 [1] - A total of 33,796,000 units were sold at a price of C$0.56 per unit, with each unit consisting of one common share and one-half of a warrant [1][2] - The net proceeds will be utilized to advance the Norasa Project in Namibia and for general corporate purposes [3] Offering Details - The offering was conducted under an underwriting agreement with Red Cloud Securities Inc., which acted as the sole underwriter [1] - Each whole warrant allows the holder to purchase one common share at a price of C$0.80 until October 16, 2028 [2] - Red Cloud received cash fees of C$1,135,545.60 and 2,027,760 broker warrants, each exercisable at C$0.66 until October 16, 2028 [5] Regulatory Compliance - The units were issued under the listed issuer financing exemption, which does not impose a hold period under Canadian securities laws [4] - The offering is subject to final approval from the Toronto Stock Exchange [6] - An insider purchased 8,928,600 units, qualifying as a related party transaction, exempt from formal valuation and minority shareholder approval requirements [7] Company Overview - Forsys Metals Corp. is focused on developing the Norasa Uranium Project in Namibia, which includes the Valencia and Namibplaas uranium deposits [9]

Core Viewpoint - Nevada Sunrise Metals Corporation is conducting a non-brokered private placement to raise up to $350,000 through the issuance of 7,000,000 units at a price of $0.05 per unit, each unit comprising one common share and one warrant [1][2]. Group 1: Offering Details - The offering consists of 7,000,000 units priced at $0.05 each, with each unit including one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at a price of $0.075 for three years from the closing date of the offering [1]. - The proceeds from the offering will be allocated for exploration work on the company's mineral properties, other mineral property investigations, and general working capital [7]. Group 2: Company Background - Nevada Sunrise is a junior mineral exploration company based in Vancouver, BC, with interests in gold, copper, and lithium projects located in Nevada, USA [4]. - The company holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers southwest of Ely, NV [4]. - Additionally, Nevada Sunrise has the right to earn a 100% interest in the Coronado Copper Project, located about 48 kilometers southeast of Winnemucca, NV, and owns 100% interests in several lithium projects in Esmeralda County, NV [5].

Core Points - PyroGenesis Inc. has completed the first tranche of a non-brokered private placement, issuing 5,555,556 units at a price of $0.63 per unit, resulting in gross proceeds of approximately $3,500,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.28 for 48 months [1] - The proceeds from the private placement will be used for working capital and general corporate purposes [2] Group 1 - The first tranche was fully subscribed by P. Peter Pascali, the President and CEO, representing his investment of approximately $3,500,000 [2] - The second tranche is expected to close next week, involving the issuance of 4,000,000 units at a price of $0.20 per unit, for approximate gross proceeds of $800,000 [2] - Each warrant in the second tranche allows the purchase of one common share at $0.40 for a period of 24 months [2] Group 2 - The private placement has been conditionally approved by the TSX, pending final approval and customary closing conditions [3] - PyroGenesis leverages 30 years of plasma technology leadership to provide advanced engineering solutions across various industries, including energy, aerospace, and defense [5] - The company’s operations are ISO 9001:2015 and AS9100D certified, maintaining ISO certification since 1997 [5]

Company Overview - American Resources Corporation (NASDAQ:AREC) announced a private placement deal, resulting in a 3.18% increase in after-hours trading to $5.17, despite a 26.43% decline to $5.01 during regular trading on the same day [1]. Private Placement Details - The company signed a securities purchase agreement to sell 7,843,138 shares of Class A common stock or pre-funded warrants at a price of $5.10 per share [2]. - The expected gross proceeds from this offering are approximately $40 million, before deducting placement agent fees and other costs, with the offering anticipated to close on October 16, pending usual closing conditions [3]. Regulatory Compliance - The securities are being sold under Section 4(a)(2) of the Securities Act of 1933 and Regulation D, with the company agreeing to file a registration statement with the SEC for resale of the securities [4]. Sector Context - The private placement occurs amid heightened investor interest in rare earth stocks, with notable commentary from CNBC's Jim Cramer describing the sector as "on fire" due to ongoing concerns regarding critical mineral supply chains [5]. - JPMorgan Chase & Co. has also announced a $1.5 trillion initiative focused on critical minerals, further boosting sector momentum [5]. Stock Performance - Over the past year, AREC has experienced a significant gain of 391.18%, reaching a 12-month high of $6.81 [6]. - The stock has traded within a range of $0.38 to $7.11 over the past year and currently has a market capitalization of $423.89 million, with an average daily trading volume of 6.95 million shares [6]. Market Momentum - Benzinga's Edge Stock Rankings indicate that AREC is exhibiting a strong upward price trend, with momentum in the 98th percentile across all time frames [7].

Core Viewpoint - Formation Metals Inc. has successfully closed the first tranche of its private placement, raising approximately $8.26 million to fully fund a 20,000-meter drill program at its N2 Gold Project, which aims to develop a multi-million-ounce gold deposit [2][3][5]. Financing - The first tranche raised $8,262,389.48 through the issuance of 17,312,891 LIFE Units at $0.37 each and 4,528,341 flow-through units at $0.41 each [2][5]. - The LIFE Offering was conducted under the listed issuer financing exemption, allowing the company to raise funds without a prospectus [3][4]. Project Details - The N2 Gold Project has a global historic resource of approximately 870,000 ounces of gold, with significant potential for expansion [5][10]. - The drill program will focus on the "A" zone and "RJ" zone, targeting areas with historical high-grade intercepts and significant untested strike length [5][11][13]. - The company has approximately C$12.7 million in working capital and no debt, with an exploration budget of around $8.1 million for 2025-2026 [5][17]. Future Plans - The company plans to conduct a 20,000-meter drilling program to discover new gold trends and enhance existing mineralized zones [11][15]. - There is also potential for base metal exploration, with significant copper and zinc intercepts identified in historical drill holes [13][15].