Mineral Exploration
Search documents
OTC Markets Group Welcomes Silver47 Exploration Corp. to OTCQX
Globenewswire· 2025-12-05 12:00
Group 1 - Silver47 Exploration Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market [1][3] - The company begins trading under the symbol "AAGAF" and U.S. investors can access financial disclosures and real-time quotes on OTC Markets [2] - The OTCQX Market is designed for established companies that meet high financial standards and corporate governance practices, enhancing visibility among U.S. investors [3] Group 2 - Silver47 Exploration Corp. focuses on developing silver-rich deposits in North America, with a total resource of 236 million ounces of silver equivalent (AgEq) at an inferred grade of 334 grams per tonne (g/t) AgEq and 10 million ounces at an indicated grade of 333 g/t AgEq [4] - The company's operations are located in Alaska, Nevada, and New Mexico, which are known for their prolific mining jurisdictions [4] Group 3 - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, providing a data-driven disclosure standard for public markets [5] - The company offers various market platforms, including OTCQX Best Market, OTCQB Venture Market, and others, facilitating efficient access to U.S. financial markets [5]
Mirasol Announces Change in Chief Financial Officer
Globenewswire· 2025-12-05 12:00
Core Viewpoint - Mirasol Resources Ltd. announces the retirement of CFO Carmen Cazares and the appointment of Francisco Del Castillo as the new CFO effective December 1, 2025 [1][2]. Group 1: Management Changes - Carmen Cazares has served as CFO since 2022 and has been recognized for her dedication and contributions over the past six years [2]. - Francisco Del Castillo, a Chartered Professional Accountant with over 20 years of experience in financial management and public company reporting, has taken over the CFO role [3]. Group 2: Company Background - Mirasol Resources Ltd. is a well-funded exploration company with over 20 years of experience in operating, permitting, and community relations in Chile and Argentina [5]. - The company is currently self-funding exploration at its flagship Sobek Copper-Gold Project located in the Vicuña Copper-Gold-Silver District of northeast Chile [5].
Powermax Announces Plans for Phase 1 Exploration Program for the Pinard Project
Newsfile· 2025-12-05 11:00
Core Insights - Powermax Minerals Inc. has announced a Phase 1 exploration program for the Pinard Project, aimed at integrating historical data with new fieldwork to enhance target generation and prioritize areas for further exploration [1][12]. Project Overview - The Pinard REE Property is located in northern Ontario, Canada, approximately 70 km north-northeast of Kapuskasing, covering 5178 hectares through 255 contiguous mining claims, accessible via an all-weather road [2]. - The Pinard Intrusive Complex is characterized as an alkalic to peralkalic igneous body, sharing tectonomagmatic similarities with the nearby Clay-Howells Alkaline Complex, which hosts a known niobium-REE mineralized system [3]. Phase 1 Program Components - The Phase 1 program will include: - Desktop Data Compilation & GIS Modeling to refine exploration targets using advanced spatial analysis and radiometric interpretation techniques [4][7]. - Field Prospecting & Geological Mapping to identify and characterize pegmatite zones and mineralized structures [8]. - Multi-media Geochemical Sampling to vector toward areas of potential mineralization [9]. - Radiometric Surveys using handheld scintillometers to detect radiometric anomalies [10]. - An Airborne Geophysical Survey to identify structural trends and lithological boundaries [11]. Strategic Goals - The Phase 1 program is designed to rapidly advance the technical understanding of the Project by combining historical datasets with modern exploration techniques, allowing for efficient identification and prioritization of high-quality targets for follow-up work [12]. Company Background - Powermax Minerals Inc. is focused on advancing rare earth element projects and holds options for multiple properties, including the Cameron REE Property in British Columbia and the Atikokan REE Property in NW Ontario, in addition to the Pinard REE Property [14].
J2 Metals Inc. Announces Shareholder Approval for Spin-Out
Newsfile· 2025-12-05 02:28
Core Viewpoint - J2 Metals Inc. has received shareholder approval for a plan of arrangement with Twenty Mile Metals Inc., allowing for the distribution of Spinco shares to shareholders [1][3]. Group 1: Arrangement Details - The arrangement involves the distribution of 5,000,000 Spinco shares to shareholders based on their holdings of J2 common shares on a yet-to-be-determined record date [2]. - Following the arrangement, Spinco will no longer be a wholly owned subsidiary of J2 Metals [3]. - A total of 6,206,162 shares, representing 28.23% of the outstanding shares, were voted at the meeting, with 99.84% approval for the arrangement and the Spinco Incentive Plan [3]. Group 2: Next Steps and Conditions - The company plans to apply for a final order from the Supreme Court of British Columbia on December 10, 2025, to complete the arrangement [4]. - Completion of the arrangement is subject to several conditions, including court approval, acceptance by the TSX Venture Exchange, and a private placement by Spinco raising at least $500,000 [8]. Group 3: Company Background - J2 Metals Inc. is a mineral exploration company based in Vancouver, focusing on critical minerals and precious metals in Canada and the U.S. The company was previously known as Cranstown Capital Corp. and completed its qualifying transaction in March 2025 [6].
CAT Strategic Metals Announces Rights Offering Closing
Newsfile· 2025-12-05 01:31
Core Points - CAT Strategic Metals Corporation successfully closed its rights offering on November 24, 2025, raising gross proceeds of $463,201.82 from the sale of 61,760,243 units [1][2] - The proceeds will be allocated towards exploration expenditures at the Burntland Project and for working capital and general corporate purposes [1] - Each unit consists of one common share and one warrant, with the warrant exercisable at $0.05 per share until November 21, 2030 [2] Company Overview - CAT Strategic Metals focuses on sourcing, identifying, acquiring, and advancing property interests in mineral districts with world-class potential, primarily in lithium, copper, gold, silver, and tellurium [5] - The company controls the Burntland Project in New Brunswick, Canada, which targets several copper-silver and gold deposits [5] - CAT's shares are traded on the Canadian Securities Exchange under the symbol "CAT" and on the Frankfurt Stock Exchange under "8CHA" [5] Shareholder Information - No directors, officers, or insiders of the company purchased any units in the offering, and no new shareholders holding more than 10% of common shares emerged post-offering [3] - Following the offering, the total number of common shares issued and outstanding will be 339,553,654, excluding the exercise of warrants [3]
Miata Metals Announces Filing of Final Short Form Prospectus – Accessible on SEDAR+
Globenewswire· 2025-12-05 00:19
Core Viewpoint - Miata Metals Corp. is conducting a public offering of common shares at a price of $0.48 per share, aiming to raise up to $10,000,080, with the potential for total gross proceeds of $11,500,080 if the over-allotment option is fully exercised [1][2]. Group 1: Offering Details - The offering is being managed by a syndicate of agents led by Cormark Securities Inc., which has been granted an over-allotment option to sell an additional 3,125,000 common shares [2]. - The closing of the offering is anticipated to occur around December 8, 2025, pending regulatory approval [4]. Group 2: Company Information - Miata Metals Corp. is a Canadian mineral exploration company listed on the Canadian Securities Exchange, OTCQB, and Frankfurt Exchanges, focusing on the acquisition, exploration, and development of mineral properties [6]. - The company holds a 70% interest in the Sela Creek Gold Project, covering approximately 215 km², and a 70% beneficial interest in the Nassau Gold Project in Suriname, both of which are located in the greenstone belt of Suriname [6].
Miata Metals Announces Filing of Final Short Form Prospectus – Accessible on SEDAR+
Globenewswire· 2025-12-05 00:19
Core Points - Miata Metals Corp. has filed a final short form prospectus for a public offering of common shares at $0.48 per share, aiming for gross proceeds of up to $10,000,080 [1] - The offering is being managed by a syndicate of agents led by Cormark Securities Inc., with an option to sell an additional 3,125,000 shares, potentially raising total gross proceeds to $11,500,080 if fully exercised [2] - The closing of the offering is expected around December 8, 2025, pending regulatory approval [4] Company Overview - Miata Metals Corp. is a Canadian mineral exploration company listed on the Canadian Securities Exchange, OTCQB, and Frankfurt Exchanges, focusing on the acquisition, exploration, and development of mineral properties [6] - The company holds a 70% interest in the Sela Creek Gold Project and a 70% beneficial interest in the Nassau Gold Project, both located in Suriname's greenstone belt [6]
North American Niobium and Critical Minerals Corp. Announces Private Placement of Flow-Through Shares
Globenewswire· 2025-12-04 23:49
Core Viewpoint - North America Niobium and Critical Minerals Corp. is initiating a non-brokered private placement to raise up to $1,000,000 through the issuance of flow-through common shares at a price of $1.45 per share, aimed at advancing exploration programs in Quebec [1][5]. Group 1: Offering Details - The company plans to issue up to 689,655 flow-through common shares at $1.45 each, with gross proceeds expected to reach $1,000,000 [1]. - Finders' fees of up to 7.0% of the gross proceeds will be paid to eligible finders, along with non-transferable finders' warrants equivalent to 7.0% of the FT Shares sold [2]. - The proceeds will be allocated to eligible Canadian exploration expenses in Quebec, specifically for flow-through critical mineral mining expenditures, with a commitment to incur these expenses by December 31, 2026 [3]. Group 2: Regulatory and Closing Conditions - The closing of the offering is contingent upon receiving necessary corporate and regulatory approvals, including from the Canadian Securities Exchange (CSE) [4]. - All securities issued will be subject to a statutory hold period of four months plus a day from the issuance date [4]. Group 3: Company Overview - North American Niobium and Critical Minerals Corp. focuses on the acquisition and development of precious, base, and critical mineral assets, with properties in British Columbia and Quebec [6]. - The Quebec properties enhance the company's exposure to rare earth elements, niobium, and nickel-copper occurrences, which are vital for energy and defense applications [6].
Military Metals Announces Closing of Fully Subscribed LIFE Offering
Newsfile· 2025-12-04 23:46
Core Viewpoint - Military Metals Corp. has successfully closed a non-brokered private placement, raising approximately $2.99 million through the issuance of 8,332,888 units at a price of $0.36 per unit, indicating strong market interest in its exploration strategy in Slovakia [1][3]. Group 1: Offering Details - The private placement consisted of units, each comprising one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.55 for twelve months [2]. - A lead order of $1.5 million was received from a European investor, highlighting significant interest in the company's projects [3]. - The company paid a cash finder's fee of $49,321 and issued 137,003 finder's warrants, also exercisable at $0.55 for twelve months [4]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated towards technical work, including a Preliminary Economic Assessment for the Trojarová antimony-gold project and infill drilling [6]. Group 3: Regulatory Compliance - The units were issued under the Listed Issuer Financing Exemption, allowing sales to purchasers in all Canadian provinces except Quebec, and are not subject to a hold period under Canadian securities laws [5].
Corcel Exploration Closes Non-Brokered Private Placement
Newsfile· 2025-12-04 21:26
Core Viewpoint - Corcel Exploration Inc. has successfully closed a non-brokered private placement, raising CAD$2,102,723.64 through the issuance of 11,681,798 units at a price of $0.18 per unit, which will be utilized for exploration at the Yuma King Project and for working capital purposes [1][2]. Group 1: Offering Details - The Offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with warrants priced at $0.30 per share and valid for 24 months [1]. - The Company has the option to accelerate the expiry date of the warrants if the ten-day weighted average closing price of the shares reaches or exceeds $0.40 [1]. - Finders fees of $67,459.56 were paid, along with the issuance of 374,775 finders warrants, allowing the purchase of common shares at $0.30 until December 2, 2027 [2]. Group 2: Company Overview - Corcel Exploration is focused on acquiring and exploring mineral resources, particularly precious and base metals, across North America [6]. - The Company has a long-term lease for the Yuma King Copper-Gold project in Arizona, covering 3,200 hectares and including the historically productive Yuma Mine [6]. - Corcel also holds options for the Peak gold exploration project and has a 100% interest in the Willow copper project [6]. Group 3: Corporate Governance - Rosana Batista has been appointed as Corporate Secretary, bringing over 20 years of experience in business administration and governance [5]. - She has previously served as Corporate Secretary for Orogen Royalties Inc. and is a Chartered Governance Professional [6].