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Grounded Lithium Spuds First Oil and Gas Well, Advancing Near-Term Cash Flow Strategy
Prnewswire· 2026-02-25 12:00
Grounded Lithium Spuds First Oil and Gas Well, Advancing Near-Term Cash Flow Strategy [Accessibility Statement] Skip NavigationCALGARY, AB, Feb. 25, 2026 /PRNewswire/ - (TSX.V: GRD OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC", "Grounded", or the "Company") announces we have begun drilling the first of a two well program targeting oil and gas resources near Marsden, Saskatchewan. As communicated in our press release dated [January 14, 2026], Grounded has diversified its potential resource base by acquiring ...
American Salars Announces Non-Brokered Private Placement Fully Committed
Thenewswire· 2026-02-10 12:00
VANCOUVER, BC – TheNewswire - FEBRUARY 9th, 2026 – AMERICAN SALARS LITHIUM INC. ("AMERICAN SALARS" OR THE "COMPANY") (CSE: USLI, OTC: USLIF, FWB: Z3P, WKN: A3E2NY) is pleased to announce that its previously announced non-brokered private placement of up to CAD $175,000 at $0.105 per unit consisting of up to 1,666,666 units is now fully subscribed. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a ...
Surge Announces IR Agreements
TMX Newsfile· 2026-02-06 13:00
Core Insights - Surge Battery Metals Inc. has entered into two investor relations agreements to enhance marketing and investor awareness regarding the company and its Nevada North Lithium Project [2][3]. Group 1: Investor Relations Agreements - The company has signed a marketing and investor awareness agreement with Freedom Financial Research, LLC, for a fee of US$150,000, which will last approximately 30 days starting February 2026 [2]. - An amended investor awareness agreement with New Era Publishing Inc. has been established, extending the campaign for about three months with a fee of US$75,000, focusing on online marketing and investor awareness [3]. Group 2: Equity Incentive Plan - As of February 5, 2026, the company granted 881,250 restricted share units (RSUs) and 293,750 performance share units (PSUs) under its Equity Incentive Plan [4]. - The vesting schedule for RSUs includes 50% vesting on the first anniversary and the remaining 50% on the second anniversary of the grant date, while PSUs vest upon completion of a definitive feasibility study or on the first anniversary of the grant [5][6]. Group 3: Nevada North Lithium Project - The Nevada North Lithium Project has an inferred resource of approximately 11.24 million tonnes of Lithium Carbonate Equivalent (LCE) with a grade of 3010 ppm Li, and a recent preliminary economic assessment (PEA) reported an after-tax NPV of US$9.17 billion and an IRR of 22.8% at a price of US$24,000 per tonne of LCE [9].
Medaro Mining Appoints Scott Eldridge to Advisory Board
TMX Newsfile· 2026-01-19 11:00
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2026) - Medaro Mining Corp. (CSE: MEDA) (OTCID: MEDAF) (FSE: 1ZY) ("Medaro" or the "Company") is pleased to announce the appointment of Scott Eldridge to its advisory board. Mr. Eldridge brings 17 years of experience in the metals and mining industry focused on capital markets, having served in various buy-side, sell-side and issuer roles. Mr. Eldridge was a co-founder of Euroscandic International Group, an advisory firm where he raised an aggregat ...
Medaro Announces Closing of LIFE Private Placement Offering
TMX Newsfile· 2026-01-07 00:31
Core Viewpoint - Medaro Mining Corp. has successfully closed its LIFE private placement offering, raising approximately $523,990 through the issuance of 3,742,786 units at a price of $0.14 per unit [1]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the holder to acquire one share at an exercise price of $0.17 for 24 months [2]. - The offering was conducted under the Listed Issuer Financing Exemption, meaning the units are not subject to a hold period under Canadian securities laws [3]. Group 2: Financial Transactions - The company paid a total of $2,940 in cash finder's fees and issued 21,000 finders warrants to Research Capital Corporation, and paid $3,430 in cash finder's fees and issued 24,500 finders warrants to Ventum Financial Corp [4]. - After settling a debt of $35,000 to Treewalk Ventures Inc. and paying finder's fees, the company received net proceeds of approximately $482,620.04, which will be used for exploration activities at its lithium properties and for general corporate purposes [5]. Group 3: Related Party Transactions - Treewalk Ventures, controlled by the company's CFO, participated in the offering by acquiring 250,000 shares, and the company used part of the proceeds to settle a debt with Treewalk [7]. - The company is relying on exemptions from formal valuation and minority approval requirements as the transaction does not exceed 25% of its market capitalization [7]. Group 4: Company Overview - Medaro Mining Corp. is a lithium exploration company based in Vancouver, BC, owning the James Bay Pontax Project and the CYR South lithium properties in Quebec [8].
Medaro Announces LIFE Private Placement Offering
Newsfile· 2025-12-09 02:00
Core Viewpoint - Medaro Mining Corp. is conducting an offering to raise up to $524,000 through the sale of 3,742,857 units at a price of $0.14 per unit, which will support exploration activities and general corporate purposes [1][3]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.17 for 24 months [2]. - The offering is structured as a private placement under the Listed Issuer Financing Exemption, allowing for immediate tradeability of the units in Canada, excluding Québec [4][5]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to advancing exploration at the Pontax and Cyr South lithium properties, along with covering general corporate and administrative expenses [3]. Group 3: Regulatory Compliance - The offering is subject to compliance with applicable regulatory requirements, and the company may pay finder's fees to eligible finders [6]. - The securities offered have not been registered under the U.S. Securities Act and cannot be sold in the United States without proper registration or exemption [7]. Group 4: Company Overview - Medaro Mining Corp. is a lithium exploration company based in Vancouver, BC, owning the James Bay Pontax Project and the CYR South lithium properties in Quebec [8].
Foremost Clean Energy Announces Upcoming Ground-Based Gravity Survey at its Hatchet Lake Uranium Project, Athabasca Basin, Saskatchewan
Globenewswire· 2025-12-04 13:30
Core Viewpoint - Foremost Clean Energy Ltd. is initiating a ground-based gravity survey at its Hatchet Lake Uranium Property to refine geological models and enhance future drilling programs [1][3]. Survey Details - The gravity survey will consist of approximately 788 gravity stations, collected at 100-meter intervals on 200-meter line spacing, focusing on priority structural corridors along the southeast extension of the Richardson Trend [4]. - The survey aims to identify gravity lows and gradients associated with hydrothermal alteration halos and fault-controlled fluid pathways, prioritizing gravity anomalies that overlap with graphitic shear zones and geochemical anomalies for drill testing [7]. Richardson Trend - The Hatchet Lake Project encompasses a significant portion of the Richardson Trend, which is known for hosting uranium mineralization and has over 6 km of under-tested conductor strike length [6]. - The structural setting of the Richardson Trend is similar to other major uranium systems in the eastern Basin margin, such as the La Rocque Corridor, which hosts notable deposits [6]. Historical Context - Previous drilling along the Richardson Trend by Denison Mines Corp. revealed multiple uranium-bearing intervals, with significant results including 1.52% U₃O₈ over 0.15 m and 0.45% U₃O₈ over 2.3 m [10][7]. - The results from the gravity survey are expected to directly influence the upcoming winter 2026 drill program, ensuring a focused and data-driven approach [3][8]. Company Overview - Foremost Clean Energy Ltd. is a growing North American uranium and lithium exploration company, holding an option to earn up to 70% interest in 10 uranium properties across over 330,000 acres in the Athabasca Basin [12]. - The company is committed to systematic exploration programs in collaboration with Denison Mines, aiming to make significant discoveries in the uranium sector [12].
Medaro Mining Announces Closing of Second and Final Tranche of Private Placement
Newsfile· 2025-11-27 02:15
Core Points - Medaro Mining Corp. announced the closing of the second and final tranche of its non-brokered private placement, issuing 900,000 common shares at a price of $0.08 per share, resulting in gross proceeds of $72,000 [1] - Combined with the first tranche completed on November 21, 2025, the total issuance amounts to 3,162,500 shares for total net proceeds of $215,000 [1] Company Overview - Medaro Mining Corp. is a lithium exploration company based in Vancouver, British Columbia, owning the James Bay Pontax Project and the CYR South lithium properties in Quebec [4]
Medaro Mining Announces Closing of First Tranche of Private Placement
Newsfile· 2025-11-24 11:00
Core Points - Medaro Mining Corp. has successfully closed the first tranche of its non-brokered private placement, issuing 2,262,500 common shares at a price of $0.08 per share, resulting in gross proceeds of $181,000 [1] - The company has allocated $38,000 of the proceeds to settle a debt with Treewalk Ventures Inc., a consulting firm controlled by the CFO, leaving net proceeds of $143,000 for potential acquisitions and working capital [2] - The securities issued are subject to a four-month hold period under Canadian securities laws, and no finder's fees were paid [3] Related Party Transaction - Treewalk Ventures, controlled by the CFO, participated in the offering by acquiring 475,000 shares, and the company applied $38,000 of the proceeds to settle a debt with Treewalk [5] - The company is relying on exemptions from formal valuation and minority approval requirements as the transaction does not exceed 25% of the company's market capitalization [5] Company Overview - Medaro Mining Corp. is a lithium exploration company based in Vancouver, BC, owning the James Bay Pontax Project and the CYR South lithium properties in Quebec [6]
Lithium Americas (Argentina) (NYSE:LAAC) Shares Down 4.2% – Should You Sell?
Defense World· 2025-11-22 07:35
Group 1 - The company, Lithium Americas (Argentina), has a market capitalization of $842.05 million, a PE ratio of 0.67, and a beta of 1.35 [1] - The stock's 50-day simple moving average is $4.10, while the 200-day simple moving average is $3.06 [1] - The company operates as a resource company focused on exploring lithium deposits, with interests in the Cauchari-Olaroz project in Jujuy province, Argentina [2] Group 2 - During mid-day trading, Lithium Americas (Argentina) shares were down 4.2%, trading as low as $5.11 and last at $5.20 [4] - Approximately 5,469,508 shares were traded, representing an increase of 282% from the average daily volume of 1,432,022 shares [4] - The stock had previously closed at $5.43 [4]