Miner

Search documents
Panther Minerals Terminates Option Agreement For Boulder Creek Uranium Project
Thenewswire· 2025-07-12 03:30
Core Viewpoint - Panther Minerals Inc. has formally terminated its option to acquire the Boulder Creek uranium property in Alaska and returned all associated claims to Tubutulik Mining Company LLC [1][2]. Group 1: Termination of Option - The option agreement for the Boulder Creek Project, initiated on April 13, 2024, automatically ended on June 15, 2025, due to Panther's decision not to make the required annual option payment [2]. - The company has executed a quitclaim deed to relinquish all rights and interests in the 140 Alaska State mining claims associated with the Boulder Creek Project [2]. Group 2: Project Background - The Boulder Creek Project was an early-stage uranium exploration initiative located in a historically uranium-active region [3]. - Initial assessments, data compilation, and site review activities were completed, but the company chose not to advance to the next exploration stage due to seasonal, logistical, and capital considerations [3]. Group 3: Future Commitments - Panther Minerals remains focused on advancing its other high-potential exploration assets across North America and will keep shareholders updated on new developments [4]. - The termination of the Boulder Creek option reflects the company's strategic decision to reallocate resources to more promising projects within its portfolio [8].
Fitzroy Minerals Announces Grant of Stock Options
Thenewswire· 2025-07-12 00:40
Core Points - Fitzroy Minerals Inc. has granted 5,900,000 stock options to directors, officers, and consultants under its stock option plan [1][2] - The options are exercisable at a price of $0.35 per common share until July 11, 2030, with immediate vesting and a hold period of four months and one day [2] - The grant of options constitutes a related party transaction, exempt from formal valuation and minority shareholder approval due to specific exemptions [2] Company Overview - Fitzroy Minerals is focused on exploring and developing mineral assets in the Americas, with projects including Caballos Copper and Polimet Gold-Copper-Silver in Chile, Taquetren Gold in Argentina, and Caribou in Canada [3] - The company's shares are listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF [3]
JZR Gold Inc. Announces Private Placement Offering of Units to Raise Up To $1,500,000
Thenewswire· 2025-07-12 00:20
Core Viewpoint - JZR Gold Inc. is initiating a non-brokered private placement offering to raise up to $1,500,000 through the sale of 5,000,000 units at a price of $0.30 per unit, which will consist of common shares and warrants [1][4] Group 1: Offering Details - The offering will consist of units priced at $0.30 each, with each unit comprising one common share and one share purchase warrant [1] - The total gross proceeds from the offering are expected to be up to $1,500,000 [1] - Each warrant will allow the holder to purchase an additional common share at an exercise price of $0.40 for two years after the offering closes [1] - The offering may close in multiple tranches and is subject to regulatory approvals [3] Group 2: Use of Proceeds - The net proceeds from the offering will be used to fund operations of an 800 tonne-per-day gravimetric mill and future exploration work on the Vila Nova Gold project in Brazil [4] - The mill is reported to be fully operational, with minor improvements being made to enhance efficiency [4] Group 3: Regulatory and Compliance - The offering will be conducted under available prospectus exemptions as per applicable securities laws [2] - The securities issued will be subject to a hold period of four months and one day from the date of issuance [3]
Blue Star Announces $2M Non-Brokered Private Placement
Newsfile· 2025-07-11 23:00
Core Viewpoint - Blue Star Gold Corp. plans to raise up to $2,000,000 through a non-brokered private placement, subject to TSX Venture Exchange approval, by issuing flow-through units and regular units at specified prices [1][4]. Group 1: Private Placement Details - The private placement will consist of up to 3,333,333 flow-through units at $0.15 each and up to 10,714,285 units at $0.14 each [1]. - Each flow-through unit includes one common share and one-half of a common share purchase warrant, while each unit consists of one common share and one-half of a common share purchase warrant [2][3]. - The warrants allow the holder to acquire one additional share at a price of $0.20 for one year following the closing date of the private placement [3]. Group 2: Use of Proceeds - Proceeds from the sale of units will be allocated for general working capital, while proceeds from flow-through units will be used for eligible Canadian exploration expenses related to the company's projects in Nunavut [4]. - The company will renounce qualifying expenditures by December 31, 2025, amounting to at least the total gross proceeds raised from the issuance of flow-through units [5]. Group 3: Company Overview - Blue Star Gold Corp. is focused on mineral exploration and development in Nunavut, Canada, with landholdings totaling 300 square kilometers in the High Lake Greenstone Belt [6]. - The company owns the Ulu Gold Project and the Roma Project, with significant high-grade gold resources and numerous exploration targets [6]. - The future deep-water port at Grays Bay is located 40-100 km north of the properties, enhancing logistical advantages for the company's projects [6].
Domestic Metals Extends Non-Brokered Private Placement
Globenewswire· 2025-07-11 21:30
Group 1 - Domestic Metals Corp. has requested a 30-day extension for its non-brokered private placement, with no material changes to the terms [1] - The company focuses on discovering large-scale copper and gold deposits in historical mining project areas across the Americas [3] - The Smart Creek Project, located in Montana, features widespread copper mineralization and multiple attractive exploration targets [4] Group 2 - Domestic Metals Corp. is led by an experienced management and technical team with a successful track record in mine discovery and financing [4] - The company emphasizes its commitment to exploring economically favorable grades indicated by historic drilling and sampling [3]
Gold'n Futures Announces Property Acquisitions and Assignment of Claims
Thenewswire· 2025-07-11 20:35
Core Viewpoint - Gold'n Futures Mineral Corp. has completed a strategic corporate restructuring involving the acquisition of six British Columbia companies and the assignment of non-core mineral claims in Newfoundland and Labrador, aimed at strengthening its asset base and simplifying its capital structure [1][4]. Acquisition Details - The company acquired all issued and outstanding shares of six British Columbia-incorporated companies, which own mineral claims in south-central British Columbia, resulting in Gold'n Futures holding 100% legal and beneficial interests in these claims [2][3]. - The acquired BC Claims are located in a key area of British Columbia's copper-porphyry belt, near Rock-Creek Canyon and the Eagle Plains rare-earth extension zone, with potential for copper-gold and rare-earth mineralization [3]. Debt Elimination - In a concurrent transaction, the company assigned the Brady Claims in Newfoundland and Labrador to a director, Stephen Wilkinson, in exchange for the release of $220,537.59 in outstanding shareholder loans and other indebtedness, significantly improving the company's balance sheet [4]. Board Approval - The Board of Directors unanimously approved both the acquisition and the assignment transactions, with no finder's fees involved and no change of control of the company resulting from these transactions [5].
Terra Balcanica Closes First Tranche While Extending LIFE Offering and Exercises First Year of Option Agreement
Globenewswire· 2025-07-11 20:00
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICESVancouver, British Columbia, July 11, 2025 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce the closing of the first tranche of its non-brokered, listed issuer financing exemption private placement (the “Private Placement” or “Offering”) for gross proceeds of C$814,914 through the issuance of 8,149,141 units (each a “Unit”) at a purchase price of C$0.10 per Uni ...
Yukon Metals Announces Issuance of Warrants to the Tū Łídlīni Dena Council in Connection With Exploration Agreement
Globenewswire· 2025-07-11 19:53
Core Insights - Yukon Metals Corp. has entered into an exploration agreement with the Tū Łídlīni Dena Council regarding the Star River project, which includes issuing 50,000 common share purchase warrants at a price of $0.58 per share for five years [1][2] Company Overview - Yukon Metals is a well-financed exploration company with a property portfolio developed over 30 years by the Berdahl family, known for their work with Snowline Gold [3] - The company's portfolio primarily consists of copper-gold and silver-lead-zinc assets, with significant gold and silver components [3] - The management team and board of directors possess expertise across various disciplines, including technical, financial, environmental, and social [3] Commitment to Community and Sustainability - Yukon Metals is dedicated to fostering sustainable growth and prosperity within local communities in Yukon while enhancing shareholder value [4] - The company's strategy emphasizes inclusiveness and shared prosperity, allowing community members and investors to benefit from its success [4] Industry Context - The Yukon ranks 10th globally for mineral potential according to the Fraser Institute's 2023 Survey of Mining Companies, indicating a favorable environment for mining exploration [5] - The region has a highly experienced local workforce and a culture of exploration that respects the land [5] - Recent discoveries, such as Snowline Gold's Rogue Project, highlight the Yukon's potential for new district-scale mining opportunities [5]
Tsodilo Resources Welcomed by WBCG for its Support for Namibia's Rail Infrastructure Expansion
Newsfile· 2025-07-11 14:50
Tsodilo Resources Welcomed by WBCG for its Support for Namibia's Rail Infrastructure ExpansionJuly 11, 2025 10:50 AM EDT | Source: Tsodilo Resources LimitedToronto, Ontario--(Newsfile Corp. - July 11, 2025) - Tsodilo Resources Limited (TSXV: TSD) (OTCQB: TSDRF) (FSE: TZO) is pleased to announce that:The Walvis Bay Corridor Group (WBCG) proudly welcomes the recent strong show of support from Tsodilo Resources for Namibia's ongoing railway infrastructure upgrades and expansion plans. The develop ...
Cygnus Metals Limited: Issue of Performance Rights
Globenewswire· 2025-07-11 07:24
Core Points - Cygnus Metals Limited has issued a total of 67,050,000 performance rights to directors, key employees, and consultants under its Omnibus Equity Incentive Plan [1][2] - The performance rights were approved by shareholders during the annual general meeting on May 14, 2025, and are issued under the same terms for key personnel as for directors [2] - The performance rights will vest one year after issuance or upon the successful completion of specific key performance objectives within three years [3] - Each vested performance right can be converted into one fully paid ordinary share and will expire on May 31, 2030, unless exercised before this date [3] - The objective of the Plan is to promote long-term success and shareholder value by aligning the interests of eligible participants with those of the Company [4] Company Overview - Cygnus Metals Limited (ASX: CY5, TSXV: CYG) is a diversified critical minerals exploration and development company with projects in Quebec, Canada, and Western Australia [6] - The Company is focused on advancing its Chibougamau Copper-Gold Project in Quebec through an aggressive exploration program aimed at resource growth [6] - Cygnus also holds quality lithium assets in the James Bay district of Quebec and has rare earth element (REE) and base metal projects in Western Australia [6] - The management team has a proven track record of transforming exploration success into production enterprises and enhancing shareholder value [6]