Core Viewpoint - TomaGold Corporation plans to conduct a non-brokered private placement to raise up to $250,000 through the issuance of flow-through common shares at a price of $0.065 per share, subject to TSX Venture Exchange approval [1]. Group 1: Private Placement Details - The offering will consist of up to 3,846,154 common shares issued on a flow-through basis [1]. - The gross proceeds from the sale of the flow-through shares will be used for exploration expenses that qualify as Canadian exploration expenses under the Income Tax Act [2]. - The securities issued will be subject to a hold period of four months and one day under Canadian securities laws [3]. Group 2: Company Overview - TomaGold Corp. is a Canadian junior mining company focused on acquiring, exploring, and developing precious and base metal projects, primarily in gold and copper [5]. - The company's core assets are located in the Chibougamau Mining Camp in northern Quebec, including the Obalski gold-copper-silver project and options on 12 additional properties [5]. - TomaGold also holds a 24.5% joint venture interest in the Baird gold property near the Red Lake Mining Camp in Ontario, along with lithium and rare earth element projects in the James Bay region [5].

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Dec. 18, 2025 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (TSX-V: NBY) (“NioBay” or the “Corporation”), is pleased to announce the closing of its previously announced “best efforts” private placement (the “Brokered Offering”) for aggregate gross proceeds of C$8,497,990.20, which includes the exercise of the agent’s option. The Brokered Offering is comprised of the sale of (i) 12,277,430 units of the Corpo ...

Core Viewpoint - NioBay Metals Inc. has increased the maximum gross proceeds of its private placement from C$5,000,000 to C$7,500,000 due to strong investor demand [1] Group 1: Offering Details - The Marketed Offering consists of Units, FT Units, and Charity FT Units, with each Unit comprising one common share and one warrant [2] - The FT Units will be sold at C$0.16 each, while Charity FT Units will be priced at C$0.21 each [8] - Red Cloud Securities Inc. is acting as the sole agent and bookrunner for the Offering, with an option to sell an additional C$1,000,000 in securities [3] Group 2: Use of Proceeds - The net proceeds from the Offering will be used for the exploration and advancement of the James Bay Niobium Project, as well as for working capital and general corporate purposes [4] - Gross proceeds from the sale of FT Shares will be allocated to eligible Canadian exploration expenses related to the James Bay Niobium Project [5] Group 3: Regulatory and Compliance - The Offering will comply with applicable regulatory requirements and will be offered in several Canadian provinces under the Listed Issuer Financing Exemption [6] - The securities will be immediately freely tradeable in Canada, while those not issued under the Listed Issuer Financing Exemption will have a hold period of four months plus one day [7] Group 4: Company Background - NioBay aims to lead in low carbon consumption mining practices and emphasizes the importance of Indigenous community participation in its operations [12] - The company holds a 100% interest in the James Bay Niobium Project and a 72.5% interest in the Crevier Niobium and Tantalum project [12] Group 5: Industry Context - Niobium is a highly resistant metal used in various sectors, enhancing material properties and reducing environmental impacts [13]

Core Viewpoint - Sorrento Resources Ltd. has successfully closed a private placement offering, raising gross proceeds of $3.2 million to support its exploration projects in Canada [1][3]. Summary by Sections Offering Details - The private placement offering generated aggregate gross proceeds of $3,175,000, led by Research Capital as the sole agent and bookrunner [1]. - The offering included the issuance of various securities, including Premium FT Units, FT Units, and standard Units, with specific pricing and terms outlined [8]. Use of Proceeds - The gross proceeds will be allocated to eligible Canadian exploration expenses (CEE), with half designated for flow-through critical mineral mining expenditures and the other half for general exploration expenses in Newfoundland and Labrador [3]. - Net proceeds will also support ongoing exploration drilling programs, working capital, and other corporate purposes [3]. Agent Compensation - The Company paid a cash commission of $171,300 to the agent and issued 573,400 broker warrants, along with an advisory fee of approximately $6,000 and additional advisory broker warrants [4]. Insider Participation - Insiders participated in the offering, acquiring a total of 880,000 units, which constitutes a related party transaction under applicable regulations [10]. - Canal Front Investments Inc. and Alex Bugden were among the insiders involved in the offering [6][10]. Debt Settlement - The Company entered into a debt settlement agreement to settle a $50,000 loan through the issuance of 200,000 units at a price of $0.25 per unit [11]. - Commitment warrants were also issued to Canal and Kluane as part of their loan agreements [12]. Company Overview - Sorrento Resources is focused on the acquisition, exploration, and development of mineral properties in Canada, with projects including the Wing Pond, Lord Baron, PEG lithium project, and Harmsworth [14].

Core Viewpoint - Critical One Energy Inc. has successfully closed an oversubscribed private placement, raising gross proceeds of CDN$7,650,000 through the issuance of 7,650,000 flow-through common shares at CDN$1.00 each, aimed at funding exploration activities in critical minerals [1][2]. Group 1: Financial Details - The gross proceeds from the sale of flow-through shares will qualify as "Canadian exploration expenses" under the Income Tax Act, specifically for critical mineral mining expenditures [2]. - The company paid a total of CDN$450,300 in cash finder’s fees and issued 371,400 common share purchase warrants, each exercisable at CDN$1.50 for 18 months [3]. - A total of 1,035,000 stock options were granted to directors, management, and consultants at a price of CDN$1.30 for a period of five years [4]. Group 2: Company Overview - Critical One Energy Inc. focuses on critical minerals and upstream energy, particularly in antimony and gold, with significant exploration potential in Canada and uranium interests in Namibia [5]. - The company is strategically positioned to meet the increasing global demand for critical minerals and metals, leveraging its technical, managerial, and financial expertise to enhance project value [5].

Core Insights - Critical One Energy Inc. has successfully closed an oversubscribed private placement, issuing 7,650,000 flow-through common shares at CDN$1.00 per share, raising gross proceeds of CDN$7,650,000 [1][2] Group 1: Financial Details - The gross proceeds from the sale of FT Shares will qualify as "Canadian exploration expenses" under the Income Tax Act (Canada) [2] - The company paid a total of CDN$450,300 in cash finder’s fees and issued 371,400 Finder's Warrants, which can be exercised at CDN$1.50 per share for 18 months [3] - A total of 1,035,000 stock options were granted to directors, management, and consultants at a price of CDN$1.30 for a period of five years [4] Group 2: Company Overview - Critical One Energy Inc. focuses on critical minerals and upstream energy, particularly in antimony and gold through its Howells Lake Antimony-Gold Project [5] - The company is strategically positioned to meet the rising global demand for critical minerals and metals, with exploration interests in Canada and uranium investments in Namibia [5] - The management team leverages technical, managerial, and financial expertise to enhance project value and drive growth [5]

Core Viewpoint - Magna Terra Minerals Inc. has successfully completed a non-brokered premium flow-through private placement, raising gross proceeds of $2,000,004.08 through the issuance of 14,814,845 common shares at a price of $0.135 per share [1][2]. Financing Details - The financing was oversubscribed, indicating strong investor demand, and was supported by the company's largest shareholder, Michael Gentile [2]. - The funds raised will be allocated to exploration programs at the Rocky Brook Project in New Brunswick and the Humber Project in Newfoundland and Labrador, where new discoveries were made earlier this summer [2][3]. - The company plans to provide further details on the phase two exploration programs for these projects in the coming days [2]. Shareholder Participation - Michael Gentile acquired 856,667 premium flow-through common shares for gross proceeds of $115,650.05, increasing his total holdings to 18,471,667 shares, which represents 17.4% of the outstanding shares [4]. - Gentile's participation is classified as a related party transaction but is exempt from formal valuation and minority approval requirements due to specific conditions outlined in securities laws [5]. Use of Proceeds - The gross proceeds from the share issuance will be used for Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures, primarily for preliminary exploration at the Humber and Rocky Brook Projects [3]. Finder's Fees and Warrants - The company will pay a total of $54,985 in finder's fees and has issued 610,944 finders warrants, each exercisable into one common share at a price of $0.15 for 24 months [7]. Regulatory Compliance - All securities issued are subject to a regulatory hold period of four months and one day, pending final approval from the TSX Venture Exchange [8]. Company Overview - Magna Terra Minerals Inc. is focused on precious and critical metals exploration, with projects in Atlantic Canada and Argentina, aiming to generate shareholder value while minimizing dilution [9][10].

Core Viewpoint - Magna Terra Minerals Inc. has successfully increased its premium flow-through financing by $1,000,000, resulting in total gross proceeds of $2,000,000 due to significant investor interest [1][2]. Financing Details - The offering will consist of 14,814,812 premium flow-through common shares priced at $0.135 per share [2]. - The proceeds will be allocated to Canadian exploration expenses qualifying as flow-through critical mineral mining expenditures, primarily for the Humber Project in Newfoundland and the Rocky Brook Project in New Brunswick [3]. Insider Participation - The largest shareholder, Mr. Michael Gentile, who holds 19.2% of the company, will participate in the offering [2]. - The company will rely on exemptions from formal valuation and minority shareholder approval requirements under MI 61-101 due to the nature of the insider participation [4]. Regulatory Aspects - The offering is subject to approval by the TSX Venture Exchange, and all securities issued will have a regulatory hold period of four months and one day [5]. - The company may pay finder's fees in cash or securities as permitted by TSX Venture Exchange policies [5]. Company Overview - Magna Terra Minerals Inc. focuses on precious and critical metals exploration, with projects in Atlantic Canada and Argentina [6]. - The company is advancing its 100%-owned Humber Copper-Cobalt Project, Rocky Brook Gold and Critical Metals Project, and Cape Spencer Gold Project, while also maintaining a significant exploration portfolio in Argentina [6].