GoviEx Uranium Provides Update on Reverse Takeover of Tombador IronSeptember 05, 2025 6:00 AM EDT | Source: GoviEx Uranium Inc.GoviEx securityholders holding over 40% of the securities have signed voting support agreements in favour of the TransactionTombador has filed its Notice of Meeting with ASX to seek shareholder approvalVancouver, British Columbia--(Newsfile Corp. - September 5, 2025) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx" or the "Company") is pleased to provide an u ...

Montreal, Quebec – TheNewswire - September 4, 2025 – QNB Metals Inc. (CSE: TIM.X) (USOTC: QNBMF) announces conditional approval of the corporation’s Form 2A Listing Statement from the Canadian Securities Exchange.Ian C. Peres, President & CEO of QNB Metals commented, “This is a very important final step in the finalization of the reverse takeover by ReSolve Energy Inc. The $2.5 million concurrent equity financing, a condition for closing and restart of trading, is underway and nearing completion.”The Canadi ...

Group 1: Strategic Investments and Offerings - Keranic Industrial Gas has announced a private placement of subscription receipts at a price of $0.50 per receipt, aiming for up to $3,500,000 in gross proceeds, with a strategic investor contributing $2,000,000 [1][4] - A subsequent private placement is planned for $1,600,000, led by the strategic investor, bringing total gross proceeds to $5,100,000 [1][6] Group 2: Amalgamation Agreement and Transaction Details - Keranic has entered into a definitive amalgamation agreement with Royal Helium Ltd. and its subsidiaries for a business combination, pending court approval [2][24] - The transaction involves Royal Helium's four core areas with significant helium discoveries across approximately 600,000 acres in Saskatchewan and Alberta, including the Steveville plant capable of processing 15,000 Mcf/day of raw gas [3][25] Group 3: Strategic Investor Profile - The strategic investor is a multi-national supplier of helium and specialty gases, serving high-growth sectors such as healthcare and aerospace, with a strong distribution network and long-term partnerships with helium producers [8][9] - Following the transaction, the strategic investor is expected to own 32.9% of the resulting issuer and will have the right to nominate directors and secure corporate naming rights [10][11] Group 4: Core Areas and Production Plans - The Steveville facility has been operational since December 2023, delivering high-purity helium to the aerospace and defense sectors, with plans to restart production within 12-15 weeks post-transaction [12][13] - The 40 Mile project has shown exceptional helium flow rates during testing, with multiple drilling targets identified [15][17] Group 5: Financial and Operational Plans - The net proceeds from the offering will be used to fund the transaction and recommission the Steveville facility [19] - The transaction will be funded through a combination of a secured term loan and equity offering, with completion subject to court approval and other customary conditions [27]

Core Viewpoint - Sanatana Resources Inc. is progressing with its acquisition of the Gold Strike One Project in Yukon and the Abitibi Property in Quebec, which is classified as a non-arm's length "Reverse Takeover" under TSX Venture Exchange policies [1][2]. Group 1: Acquisition Details - The acquisition involves Target Assets from LIRECA Resources Inc. and its affiliate, Florin Resources Inc. [1] - The resulting entity post-acquisition will operate under the name "Gold Strike Resources Corp." and will be classified as a Tier 2 Mining Issuer [2]. Group 2: Regulatory and Approval Process - Sanatana is preparing a Filing Statement for the Proposed Acquisition and aims to obtain minority shareholder approval through written consent, as allowed under TSX-V Policy 5.2 [3]. - The company has applied for an exemption from the shareholder meeting requirement under MI 61-101, which would facilitate an accelerated closing of the acquisition [4]. - The completion of the acquisition is contingent upon requisite regulatory approvals, customary closing conditions, and any additional conditions specified in the Definitive Agreement [6]. Group 3: Timeline and Expectations - Due to delays related to the TSX-V's requirement for financial statements, the anticipated closing of the acquisition is now expected in September 2025 [7].

Core Points - Sanatana Resources Inc. is updating on its acquisition of the Gold Strike One Project in Yukon and the Abitibi Property in Quebec from LIRECA Resources Inc. and its affiliate, Florin Resources Inc. This acquisition is classified as a non-arm's length "Reverse Takeover" under TSX Venture Exchange policies [1][2][27] - The Resulting Issuer from this acquisition will continue the business of Sanatana and is expected to be classified as a Tier 2 Mining Issuer [2] - Trading of Sanatana's common shares was halted on July 3, 2025, and is set to resume on July 24, 2025 [3] Management and Board of Directors - The board of directors of the Resulting Issuer will consist of the current directors of Sanatana, with Peter Miles as CEO and Simon Anderson as CFO [4] - LIRECA has the right to nominate a director to the board but has not yet exercised this right [5] Financing Updates - Sanatana announced two non-brokered private placements aiming for cumulative gross proceeds of up to $5,280,000 from the sale of up to 3,000,000 common shares and up to 5,800,000 units [7] - The Concurrent Offering has been resized to consist of up to 8,800,000 units, with gross proceeds potentially reaching $6,072,000, subject to an over-allotment right [8][9] Name Change and Stock Symbol - Upon closing the acquisition, Sanatana plans to change its name to Gold Strike Resources Corp. and has reserved the ticker symbol "GSR" for the Resulting Issuer [12] Historical Expenditures - The Florin Group has invested over $350,000 in the Gold Strike One Project, covering staking, exploration work, and related expenses [13] The Florin Group - The Florin Group, led by John Fiorino, has over 20 years of experience in mineral exploration and project generation, focusing on projects in Yukon [24][25]

Core Viewpoint - Jo-Jo Capital Canada Ltd. has entered into a non-binding letter of intent with Placements Appalache Limitée to pursue a business combination transaction, which is expected to result in PAL shareholders holding a majority of Jo-Jo's voting securities [1][2]. Company Overview - Jo-Jo Capital Canada Ltd. is a capital pool company focused on identifying and evaluating qualifying transactions under the policies of the TSX Venture Exchange [13]. - Placements Appalache Limitée has over 50 years of experience in the Canadian silica mining industry and holds exclusive mining rights to high-purity quartz deposits in Baie-Johan-Beetz, Quebec [3][12]. Transaction Details - The transaction will be structured as a reverse takeover, with PAL shareholders exchanging their securities for those of Jo-Jo [5]. - The transaction is anticipated to be completed through an amalgamation, plan of arrangement, or share exchange, subject to regulatory approvals [5][8]. - A private placement financing by PAL is expected to raise between C$3,000,000 and C$6,000,000 prior to or concurrent with the closing of the transaction [5]. Mining Rights and Resources - PAL's high-purity silica deposit spans 54.22 hectares and is located less than 800 meters from the main road, with additional unexplored claims of 383.24 hectares [3]. - High-purity silica is designated as a critical mineral in Canada and is essential for various advanced technologies, including solar panels and semiconductors [4]. Regulatory and Approval Process - Completion of the transaction is subject to conditions including Exchange acceptance, shareholder approval, and satisfactory due diligence investigations [8][10]. - Jo-Jo is required to maintain a minimum bank account balance of $100,000 at closing and may need to retain a sponsor for the transaction [10]. Future Structure - Following the transaction, the board of directors of the resulting issuer will initially consist of three to five directors appointed by PAL [10].