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High Tide Resources Announces Option Grant
Globenewswire· 2025-10-01 17:09
Group 1 - High Tide Resources Corp. has granted 1,800,000 incentive stock options to directors, officers, and select consultants, exercisable at $0.125 per share for five years, subject to vesting and regulatory approvals [1] - The company is focused on developing mineral projects critical to infrastructure, with a 100% interest in the Labrador West Iron Project, which has an inferred iron resource of 654.9 million tonnes at 28.84% Fe [2] - The Labrador West Iron resource is surface-exposed and was evaluated for an open-pit mining scenario, with a technical report filed on SEDAR on April 6, 2023 [2] Group 2 - High Tide also owns a 100% interest in the Lac Pegma copper-nickel-cobalt deposit located 50 kilometers southeast of Fermont, Quebec [3] - The technical information in the news release has been approved by Steve Roebuck, who is a Qualified Person as defined in National Instrument 43-101 [4]
Mexican Gold Signs Definitive Agreement to Acquire Tatatila Project in Mexico
Newsfile· 2025-10-01 10:00
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) (the "Company" or "Mexican Gold") is pleased to announce that the Company and its subsidiary, Roca Verde Exploración de México, S.A. de C.V. ("Roca Verde"), have entered into a mining concessions assignment agreement (the "Assignment Agreement") with Chesapeake Gold Corp. ("Chesapeake") and its subsidiaries Minerales El Prado, S.A. de C.V. ("MEP") and Chesapeake México, S.A. de C.V. ("Che ...
Royal Road and Rio2 Announce Share Acquisition by Rio2
Globenewswire· 2025-09-29 11:30
Core Viewpoint - Rio2 Limited has acquired approximately 15.0% of Royal Road Minerals Limited's issued and outstanding shares, marking a significant investment and partnership opportunity for both companies [1][4]. Group 1: Acquisition Details - Rio2 acquired 39,855,000 ordinary shares of Royal Road at a price of $0.115 per share, totaling an investment of $4,583,325 [4]. - The acquisition was part of a block trade on the TSX Venture Exchange, transferring shares from a single investor to Rio2 and other institutional investors [2]. - Following the acquisition, Rio2 became an "insider" of Royal Road under applicable securities laws [1]. Group 2: Strategic Implications - Royal Road's President and CEO expressed enthusiasm about the partnership, highlighting Rio2's strong track record in developing gold projects and their alignment with Royal Road's growth ambitions [3]. - Rio2's Executive Chairman emphasized the geological attractiveness of Royal Road's portfolio and the potential for future diversification and growth opportunities [3]. - An Investor Rights Agreement allows Rio2 to maintain its ownership percentage and designate a nominee for Royal Road's board of directors, provided it holds at least 9.5% of the shares [3]. Group 3: Company Profiles - Royal Road Minerals is focused on mineral exploration and development, with operations in Saudi Arabia, Morocco, and Colombia, aiming to discover and develop large-scale copper and gold deposits [8]. - Rio2 Limited is a mining company concentrating on the development of its Fenix Gold Project in Chile, committed to high environmental standards and responsible mining practices [9].
Royal Road and Rio2 Announce Share Acquistion by Rio2
Newsfile· 2025-09-29 11:30
Core Viewpoint - Rio2 Limited has acquired approximately 15.0% of Royal Road Minerals Limited's issued and outstanding shares, marking a significant investment and partnership opportunity for both companies [1][4]. Company Acquisition Details - Rio2 acquired 39,855,000 ordinary shares of Royal Road at a price of $0.115 per share, totaling an investment of $4,583,325 [4]. - The acquisition was part of a block trade on the TSX Venture Exchange, transferring shares from a single investor to Rio2 and other institutional investors [2]. Strategic Partnership Insights - Royal Road's President and CEO, Tim Coughlin, expressed enthusiasm about the partnership, highlighting Rio2's strong track record in developing gold projects and their alignment with Royal Road's growth ambitions [3]. - Alex Black, Executive Chairman of Rio2, emphasized the geological attractiveness of Royal Road's portfolio and the potential for future diversification and growth opportunities [3]. Investor Rights Agreement - An Investor Rights Agreement was established, allowing Rio2 to maintain its ownership percentage and participate in future equity financings, as long as it holds at least a 9.5% interest in Royal Road [3]. - Rio2 is entitled to designate one nominee for election to Royal Road's board of directors, contingent on maintaining its ownership stake [3]. Company Profiles - Royal Road Minerals is focused on mineral exploration and development, with operations in Saudi Arabia, Morocco, and Colombia, aiming to discover and develop large-scale copper and gold deposits [7][8]. - Rio2 Limited is dedicated to developing its Fenix Gold Project in Chile, emphasizing responsible mining practices and environmental standards [8].
Equity Award Grants and Payment Updates
Globenewswire· 2025-09-26 15:40
Core Points - Amaroq Ltd. has granted Restricted Share Units (RSUs) and incentive stock options to employees as part of its equity incentive plans [2][3] - The RSU award consists of 75,498 RSUs that will vest on the first anniversary of the grant [3] - The stock options are for a total of 23,255 common shares with an exercise price of CAD $1.29 per share, vesting three months from the grant date and expiring five years after the award [3] - Wavecrest Securities LLC acted as a finder for a direct private placement portion of the fundraising, receiving a cash commission of CAD $379,276 [4] Company Overview - Amaroq Ltd. focuses on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland [6][7] - The company's principal asset is a 100% interest in the Nalunaq Gold mine, along with a portfolio of gold and strategic metal assets in the region [6][7]
Vanguard Mining Announces Filing of Amended Information Circular
Thenewswire· 2025-09-25 22:45
Core Viewpoint - Vanguard Mining Corp. has filed an amended management information circular to include additional disclosures regarding penalties and sanctions related to a proposed director, ensuring compliance with regulatory requirements [2][3]. Group 1: Company Disclosure - The amended circular includes the full text of sanctions against the proposed director, which is now available on the Company's profile on SEDAR+ [2]. - The Company confirms that it will proceed with its upcoming annual general meeting as scheduled, with no other changes to the previously filed information circular [3]. Group 2: Company Overview - Vanguard Mining Corp. is focused on mineral exploration and development, aiming to discover and advance high-value strategic mineral assets in stable, mining-friendly jurisdictions worldwide [4].
NioBay Appoints First Members of its Technical Advisory Committee
Globenewswire· 2025-09-25 12:30
Core Viewpoint - NioBay Metals Inc. has appointed the first members of its Technical Advisory Committee to enhance its development and credibility in the niobium market [1][2]. Group 1: Advisory Committee Members - Dawn Madahbee Leach serves as an Aboriginal Affairs Advisor with extensive experience in public sector program development and management [3]. - Jonathan Launière, an advisor for Aboriginal Affairs, has a background in geological engineering and experience in energy sector project management [4]. - Caroline Olsen, a metallurgist, brings nearly 30 years of experience in mineral processing and knowledge of critical minerals [5]. - Jean-David Moore, a strategic advisor, has over 20 years of experience in advising mineral exploration and development companies [6]. Group 2: Company Development and Strategy - The establishment of the Technical Advisory Committee is aimed at increasing the company's credibility with the market and potential partners [2]. - The committee will support the company in advancing its current and future projects, leveraging the expertise of its members [8]. - NioBay aims to prioritize environmental responsibility and the inclusion of Indigenous communities in its operations [10]. Group 3: About NioBay Metals Inc. - NioBay holds a 100% interest in the James Bay Niobium project located in Ontario and a 72.5% interest in the Crevier niobium and tantalum project in Quebec [10]. - The company focuses on developing low-carbon mines and responsible management practices [10]. - Niobium is recognized for its properties that enhance materials used in various sectors, contributing to efficiency and reduced environmental impact [11].
Sanatana Announces TSX-V Conditional Approval of Transaction to Acquire Gold Strike One Project (Yukon) and Abitibi Property (Quebec)
Newsfile· 2025-09-23 22:51
Core Viewpoint - Sanatana Resources Inc. has received conditional approval from the TSX Venture Exchange for the acquisition of the Gold Strike One Project in Yukon and the Abitibi Property in Quebec, marking a significant step in the company's growth strategy [1][2]. Group 1: Proposed Acquisition - The acquisition involves a non-arm's length "Reverse Takeover" as defined by TSX-V Policy 5.2 [1]. - The resulting entity will operate under the name "Gold Strike Resources Corp." with the ticker symbol "GSR" [2]. - The completion of the acquisition is subject to customary closing conditions, including shareholder approvals and final acceptance from TSX-V, with an expected closing date in September 2025 [9]. Group 2: Concurrent Financing - Sanatana has announced a non-brokered private placement of up to 8,800,000 units at a price of $0.60 per unit, aiming for gross proceeds of up to $5,280,000, with a potential over-allotment of 15% [3][4]. - A minimum of $4,300,000 in gross proceeds must be raised through this financing to meet TSX-V listing requirements for the acquisition [4]. Group 3: Regulatory Compliance - The company has filed a TSX-V filing statement dated September 23, 2025, providing detailed information about the acquisition and the target assets [6]. - Sanatana is seeking an exemption from the shareholder meeting requirement to expedite the approval process, which would allow for closing the acquisition on an accelerated basis [7][8].
Avidian Gold Corp. Files Early Warning Report in Respect of High Tide Resources Corp.
Globenewswire· 2025-09-23 21:00
Core Points - Avidian Gold Corp. has closed the first tranche of a share purchase agreement, selling 4,700,000 common shares of High Tide Resources Corp. at a price of $0.04 per share, with total gross proceeds of $280,000 [1] - The company plans to sell an additional 2,300,000 common shares of High Tide, with the closing expected around October 8, 2025 [1] - Following the sale of the first tranche shares, Avidian now owns 17,142,020 High Tide shares, representing approximately 19.88% of the issued and outstanding shares [4] Ownership Changes - Prior to the sale, Avidian owned 21,842,020 High Tide shares, which represented approximately 25.3% of the issued and outstanding shares [3] - The ownership percentage has decreased by 7.4% compared to the initial ownership and by 5.4% compared to the ownership immediately before the sale [5] Company Background - Avidian Gold Corp. focuses on advanced-stage gold exploration and holds a 100% interest in the Jungo gold-copper property in Nevada [7] - The company is also a significant shareholder in High Tide Resources, which is committed to developing mineral projects critical to infrastructure [8]
Northern Minerals gets expanded mining lease for Browns Range project
Yahoo Finance· 2025-09-19 09:14
Core Viewpoint - Northern Minerals has secured a new mining lease for its Browns Range project, significantly expanding its mining area and enhancing its development potential in the rare earths sector [1][2][3]. Group 1: Mining Lease Details - The new lease, M80/650, replaces the former lease M80/627 and expands the mining area from 4,923 hectares to 10,458 hectares [1]. - The lease is valid until 8 September 2046, with an option for an additional 21-year term [2]. Group 2: Project Significance - The Browns Range Project is rich in heavy rare earths, particularly dysprosium and terbium, which are essential for manufacturing permanent magnets used in electric vehicles, wind turbines, and defense applications [2][3]. - The flagship deposit, Wolverine, is recognized as the highest-grade source of dysprosium and terbium in Australia [3]. Group 3: Development Plans - Northern Minerals aims to enhance the project's development as outlined in its definitive feasibility study (DFS) released on 15 September 2025 [3]. - The feasibility study focuses on a commercial-scale operation to mine and process ore from Wolverine, with output intended for Iluka Resources' refinery currently under construction in Eneabba, WA [4].