Minerals Exploration
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Spark Energy Minerals Announces Upsizing of Private Placement to $550,000
TMX Newsfile· 2026-02-28 00:01
Core Viewpoint - Spark Energy Minerals Inc. is increasing its non-brokered private placement to $550,000 due to strong investor demand, which will consist of up to 9,166,667 units priced at $0.06 each [1][2]. Group 1: Offering Details - The Offering will include units consisting of one common share and one common share purchase warrant, with each warrant allowing the purchase of one share at $0.07 for three years [2]. - Proceeds from the Offering will be allocated to exploration work at the Arapaima Project in Brazil's Lithium Valley and for general working capital [2]. Group 2: Company Overview - Spark Energy Minerals Inc. focuses on the exploration and development of critical minerals essential for the clean-energy transition, particularly in Brazil's Lithium Valley [5]. - The Arapaima Project spans approximately 91,900 hectares and targets lithium and gallium-rare earth element mineralization [5]. - The company is committed to responsible exploration practices and aims to support Brazil's development of a sustainable critical minerals supply chain [5].
Spark Energy Minerals Announces Private Placement
TMX Newsfile· 2026-02-26 23:30
Core Viewpoint - Spark Energy Minerals Inc. is conducting a non-brokered private placement to raise up to $300,000 through the sale of 5,000,000 units at a price of $0.06 per unit, aimed at advancing exploration work in Brazil's Lithium Valley and for general working capital [1][2]. 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 one share at $0.07 for three years [1]. - The total gross proceeds from the Offering are expected to be up to $300,000 [1]. - All securities issued will be subject to a statutory hold period of four months and one day [2]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated to advance exploration work at the Arapaima Project located in Brazil's Lithium Valley, as well as for general working capital [2]. Group 3: Company Overview - Spark Energy Minerals Inc. focuses on the exploration and development of critical minerals essential for the clean-energy transition, particularly in Brazil's Lithium Valley, which is recognized for its lithium, gallium, and rare-earth potential [4]. - The Arapaima Project spans approximately 91,900 hectares and hosts multiple targets for lithium and gallium-REE mineralization [4]. - The company is committed to responsible exploration practices and aims to support Brazil's development of a sustainable critical-minerals supply chain [4].
New Frontier expands U.S. critical minerals strategy with Copper & Rare Earths
Yahoo Finance· 2026-02-26 16:56
New Frontier Minerals Senior Consultant Kevin Das joined Steve Darling from Proactive’s OTC studio in New York City to provide an update on the company’s growing copper and heavy rare earth strategy, highlighting expanding exposure to the U.S. critical minerals market. Das explained that New Frontier Minerals, listed on the Australian Stock Exchange, London Stock Exchange, and recently on the OTCQB, is focused on a dual approach: advancing copper projects in northwest Queensland while also developing heav ...
Grid Metals Reports Final Assays from its 2025 Drill Program at Falcon West Including 20.45% Cs20 over 3.3m; Announces Participation at PDAC
Accessnewswire· 2026-02-26 12:55
TORONTO, ON / ACCESS Newswire / February 26, 2026 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to report the final drill results from its Phase 1 cesium-focused drill program at the 100% owned Falcon West cesium property (the "Property"). Drilling at the Lucy South cesium target has outlined a highly fractionated lithium/cesium/tantalum enriched ("LCT") pegmatite with the cesium largely contained in pollucite and lithium largely contained in coarse grained spodumene. ...
Spark Energy Minerals Announces Receipt of $1.7 Million from Warrant Exercises
TMX Newsfile· 2026-02-25 00:10
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2026) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company") is pleased to announce that it has received aggregate proceeds of $1,734,965 from the exercise of 34,699,307 common share purchase warrants in connection with the Company's previously announced warrant incentive program (the "Incentive Program").Each warrant was exercised at a price of $0.05. Upon exercise of the warrants in accordance with the I ...
Canterra Launches Fully Funded 15,000 Metre Discovery-Focused Drill Program in Newfoundland
Globenewswire· 2026-02-18 12:00
Core Viewpoint - Canterra Minerals Corporation is entering a high-impact discovery phase in 2026 with a fully funded diamond drill program of up to 15,000 metres across its projects in central Newfoundland, starting with the Buchans Project, which is known for its high-grade VMS deposits [1][3][5]. Group 1: 2026 Exploration Program Overview - The 2026 campaign will transition from target generation to systematic drill testing in three areas: high-priority targets at Buchans, selective follow-up drilling in the Victoria Lake Supergroup portfolio, and advancing gold targets at the Wilding Gold Project [2][5]. - The Buchans Project will see winter drilling targeting high-priority anomalies identified by modern geophysics, with additional drilling planned for resource expansion at the Lundberg deposit and Two-Level zone [5][7]. - The Victoria Lake Supergroup portfolio will undergo a belt-wide target ranking initiative, focusing on the highest-priority deposits and prospects for potential discovery and resource growth [11][12]. Group 2: Specific Project Details - Buchans Project: Approximately 5,000 metres of drilling planned, with a 2,000-metre winter program currently underway targeting 3DIP anomalies and structural corridors [7][8]. - Victoria Lake Supergroup: Up to 5,000 metres of targeted diamond drilling planned, focusing on deposits such as Boomerang, Lemarchant, and Long Lake [12]. - Wilding Gold Project: A combined drilling program has commenced, including ~250 percussion drill holes, with follow-up diamond drilling of approximately 5,000 metres anticipated in the second half of 2026 [15][16]. Group 3: Strategic Context - Canterra's land position in central Newfoundland offers optionality across multiple commodity exposures and deposit styles, supported by established mining communities and infrastructure [19]. - The company controls a 55-kilometre extension of the gold-bearing trend that hosts Equinox Gold's Valentine Mine, enhancing its potential for gold discovery [4][22].
Adamera Minerals Grants Stock Options
Thenewswire· 2026-02-10 02:00
Core Viewpoint - Adamera Minerals Corp. has granted 2,000,000 incentive stock options to its directors, officers, employees, and consultants at an exercise price of $0.09 per share, pending exchange approval [1]. Company Overview - Adamera Minerals Corp. is engaged in the exploration of gold, copper, and silver deposits located in British Columbia, Canada, and Washington, USA [2].
Spark Announces Completion of Maiden Drill Campaign in Brazil's Lithium Valley and Provides Corporate Update
TMX Newsfile· 2026-02-06 21:05
Core Insights - Spark Energy Minerals Inc. has successfully completed its maiden reverse circulation drill campaign at the Arapaima Project in Brazil's Lithium Valley, expanding from an initial three-hole plan to five holes totaling 296 meters due to favorable conditions [2][3]. Drilling Campaign Details - The drill program aimed to test priority near-surface targets identified through earlier geochemical sampling, focusing on areas with thick saprolite from granitic rock weathering [3][5]. - The completed drill holes include ARA-RC-001 (58 meters), ARA-RC-002 (44 meters), ARA-RC-003 (94 meters), ARA-RC-004 (46 meters), and ARA-RC-005 (54 meters) [13]. - Sample recovery during the drilling ranged from 85% to 100%, and a comprehensive QA/QC protocol was implemented [6][7]. Warrant Incentive Program - The warrant incentive program has reached its mid-point, encouraging eligible warrant holders to exercise their warrants at a reduced price of $0.05, with additional incentives for those who participate [9][10]. - Each warrant exercised during the program grants an additional common share purchase warrant, valid for one year at a price of $0.06 [10]. Marketing and Awareness Initiatives - The company has engaged Pinnacle Capital Markets Ltd. for a digital marketing and awareness program, which includes developing a digital marketing platform and enhancing the company's online presence [12]. - Additionally, an agreement with bullVestor Medien GmbH has been established for advertising and marketing services in Austria, Germany, and Switzerland [16]. Corporate Governance Update - Ms. Wendy Chan has resigned from the Board of Directors, and the company is evaluating candidates to fill the vacancy [18]. Company Overview - Spark Energy Minerals Inc. focuses on the exploration and development of critical minerals in Brazil's Lithium Valley, controlling approximately 91,900 hectares with multiple targets for lithium and gallium-REE mineralization [19].
Atomic Minerals Hails Landmark U.S. Speech on Critical Minerals Supply Chains
TMX Newsfile· 2026-02-04 19:35
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2026) - Atomic Minerals Corporation (TSXV: ATOM) (OTCQB: ATMMF) (FSE: DO8) ("Atomic Minerals" or the "Company") today congratulates the United States administration for its decisive leadership and strategic vision on securing and diversifying global critical minerals supply chains, following the recent speech delivered by Vice President J.D. Vance and Secretary Rubio.Clive Massey, CEO of Atomic Minerals, commented:"The remarks delivered by Vice Pre ...
Iconic Minerals Announces Closing of Non-Brokered Private Placement for $3,750,000
TMX Newsfile· 2026-02-04 19:34
Core Viewpoint - Iconic Minerals Ltd. has successfully closed a non-brokered private placement, raising CAD$3,750,000 through the issuance of 30,000,000 units at CAD$0.0125 per unit [1] Group 1: Private Placement Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional common share at an exercise price of CAD$0.17 for two years [2] - The company may accelerate the expiry date of the warrants if its common shares trade at or above CAD$0.35 for a minimum of 10 non-consecutive trading days [2] - All securities issued are subject to a four-month and one-day hold period in Canada, and the closing is contingent upon TSXV approval [3] Group 2: Use of Proceeds - Proceeds from the private placement will be allocated for exploration work on the New Pass gold property in Nevada, USA, and for general working capital [3] Group 3: Finder's Fees and Related Party Transactions - The company paid finder's fees of CAD$55,081.25 and issued 470,000 finder's warrants, which are also subject to the same exercise terms as the common share purchase warrants [4] - Insiders subscribed for a total of 4,000,000 units, with significant subscriptions from the President and CFO, categorizing the private placement as a related party transaction [4] - The company relied on exemptions from formal valuation and minority shareholder approval requirements under MI 61-101 [4]