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Headwater Gold Announces Strategic Private Placement with Lead Orders from Rick Rule and Jeff Philips
Thenewswire· 2025-08-14 10:30
Core Viewpoint - Headwater Gold Inc. is initiating a non-brokered private placement to raise up to $1,000,000 through the sale of 3,333,333 units at a price of $0.30 per unit, aimed at supporting ongoing exploration and project generation in the Western United States [1][2] Group 1: Offering Details - The offering consists of units, each comprising one common share and one non-transferable share purchase warrant, exercisable at $0.50 for 36 months [1] - The shares will be subject to a one-year hold period, and the company can accelerate the expiry of the warrants if the share price exceeds C$0.75 for 20 consecutive trading days [1] Group 2: Use of Proceeds - Proceeds from the offering will be allocated to ongoing project generation, exploration of the company's gold projects in the Western United States, and general working capital [2][5] Group 3: Strategic Investments - The participation of notable investors Rick Rule and Jeff Phillips is highlighted as a strong vote of confidence in the company's strategy and management [1][5] - Rick Rule emphasized the effectiveness of the prospect generator model being executed by Headwater Gold [1] Group 4: Company Background - Headwater Gold is focused on exploring high-grade precious metal deposits in the Western USA and has a portfolio of epithermal vein exploration projects [5][6] - The company has strategic agreements with Newmont Corporation, enhancing its exploration capabilities [6]
Latin Metals Signs Definitive Option Agreement for Huachi Copper-Gold Project, San Juan Province, Argentina
Globenewswire· 2025-06-23 16:14
VANCOUVER, British Columbia, June 23, 2025 (GLOBE NEWSWIRE) -- Latin Metals Inc. ("Latin Metals" or the "Company") - (TSXV: LMS) (OTCQB: LMSQF) is pleased to announce that it has entered into a definitive option agreement (the "Agreement") with Golden Arrow Resources Corp. ("Golden Arrow") to acquire up to a 100% interest in the Huachi property ("Huachi"), a 3,500-hectare copper-gold project located in San Juan Province, Argentina (see previous news release, dated March 13, 2024). The Huachi property is imm ...
Latin Metals Appoints Eduardo Leon as Vice President of Exploration and Qualified Person
Globenewswire· 2025-05-08 18:52
Core Viewpoint - Latin Metals Inc. has announced the appointment of Eduardo Leon as Vice President of Exploration and has upsized its private placement to raise gross proceeds of up to $1.3 million [1][4]. Company Developments - Eduardo Leon has been with Latin Metals since 2020 and has played a significant role in the company's exploration efforts in South America, particularly in identifying copper potential in northwest Argentina [2]. - Leon's promotion is attributed to his leadership and strategic thinking, aligning with the company's prospect generator model aimed at maximizing exploration upside while minimizing dilution [3]. - The company has upsized its non-brokered private placement due to strong investor interest, now targeting total gross proceeds of up to $1.3 million, consisting of up to 11,818,182 units priced at $0.11 each [4]. Financial Details - Each unit in the private placement includes one common share and one purchase warrant, allowing the holder to buy a share at $0.20 for 36 months [4]. - The proceeds from the financing will be allocated for exploration, generative work, and general working capital [5]. - The company may pay finder's fees of up to 7% of the total gross proceeds raised, along with finder's warrants [6]. Stock Options - Latin Metals has granted 750,000 stock options to certain consultants, allowing them to purchase shares at $0.12 each for 36 months, representing 8.6% of the issued and outstanding stock [9]. Upcoming Events - The company will participate in several industry conferences, providing opportunities to connect with investors and showcase its exploration progress in Argentina and Peru [10]. Company Overview - Latin Metals operates under a prospect generator model, focusing on copper, gold, and silver exploration in Peru and Argentina, with 18 projects and partnerships with major mining companies [11].
Latin Metals Announces Private Placement for Gross Proceeds up to $1.0 Million
Globenewswire· 2025-05-05 12:30
Not for distribution to United States newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Latin Metals Inc. ("Latin Metals" or the "Company") - (TSXV: LMS) (OTCQB: LMSQF) announces a non-brokered private placement (the "Financing") of up to 9,090,090 units (each, a "Unit") for a subscription price of $0.11 per Unit, to raise total gross proceeds o ...