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Silver Valley Metals Provides Corporate Update and Announces Mutual Termination of Finland Transaction
TMX Newsfile· 2025-12-15 12:00
Core Viewpoint - Silver Valley Metals Corp. has mutually terminated the acquisition of the Leilipalo and Pasto gold projects in Finland and is entering 2026 with a strengthened corporate position and plans for future acquisitions [1][2][4]. Termination of Acquisition - The share exchange agreement to acquire PrivCo, which owns the Leilipalo and Pasto gold projects, has been terminated effective December 12, 2025, as per a mutual termination agreement [2][3]. - PrivCo has assumed certain expenses incurred by Silver Valley related to the proposed transaction, and Silver Valley will receive an equity stake if PrivCo completes a future go-public transaction or sells the projects [10] . AGM Update - At the Annual General Meeting held on December 12, 2025, all matters submitted to shareholders were approved with approximately 99.9% support, including the election of directors and appointment of auditors [3]. Strategic Outlook for 2026 - Silver Valley enters 2026 with a tight share structure of only 19.2 million common shares outstanding, positioning it favorably among its TSXV peers [4]. - The company is actively evaluating high-impact metals projects for acquisition to enhance its asset portfolio, aiming for projects with substantial scale and long-term development potential [4]. Year-End Message to Shareholders - The President & CEO expressed appreciation to shareholders for their support, highlighting the company's disciplined approach and strong positioning as it moves into 2026 [6][7]. Company Assets - Silver Valley holds a significant equity position in Silver Dollar Resources, retains royalty interests in the Ranger-Page project, and owns 100% of the Mexi-Can Lithium-Potash Project in Mexico, which has an NI 43-101 inferred resource of 243,000 tonnes of lithium carbonate equivalent and 12.3 million tonnes of sulphate of potash [8][11].
First Tellurium Responds to OTC Markets Request on Recent Promotional Activity
Thenewswire· 2025-09-26 21:00
Core Viewpoint - First Tellurium Corp. has been requested by OTC Markets Group to address recent promotional activities related to its common shares traded on the OTCQB market [1] Group 1: Promotional Activities - OTC Markets informed the Company about promotional activities, including digital marketing materials distributed by Small Cap Canada, which highlighted the Company's tellurium-based technologies and target markets [2] - The Company engaged Hillside Consulting and Media Inc. for marketing services from September 22 to 26, 2025, paying $20,000 plus taxes for digital marketing services, including SEO and content creation [3] - The marketing materials were reviewed by management prior to dissemination, and the Company believes no statements were materially false or misleading [4] Group 2: Trading Volume and Investor Interest - The Company noted that promotional activities coincided with an increase in trading volume, but it attributes the initial increase to press releases issued on September 4 and September 18, 2025 [5] - The Company does not have an opinion on whether the promotional activity was a significant cause of further increases in trading volume, as multiple factors influence trading [5] Group 3: Insider Transactions and Compliance - An internal inquiry revealed that only Tyrone Docherty, the President and CEO, purchased 650,000 shares in the past 90 days, with all insider transactions publicly disclosed as per Canadian regulations [6] - The Company has engaged various third-party service providers for marketing and promotional services over the last twelve months, including Hillside Consulting and Media Inc. [7] Group 4: Securities Issuance - The Company has not issued shares or convertible securities at a discount to market prices, complying with applicable regulations [8][9] Group 5: Business Model - First Tellurium's business model focuses on generating revenue through mineral discovery, project development, and the development of tellurium-based technologies [10]