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Integral Metals Announces Secured Convertible Debt Financing
Globenewswire· 2025-06-24 23:00
Financing Transaction - Integral Metals Corp. has entered into a secured convertible debt financing transaction with a strategic investor, receiving loan proceeds of US$1,000,000 [1][2] - The loan is set to mature on May 31, 2027, with an interest rate of 12% per annum and is secured by the Company's interests in the Burntwood Property in north Manitoba [2] Conversion Terms - The Lender has the right to convert all or a portion of the principal amount of the outstanding loan into the Company's common shares at a price of $0.94 per share, subject to regulatory approvals [2] Use of Proceeds - The net proceeds from the loan will be used for the development of the Company's business and for general working capital purposes [3] Company Overview - Integral Metals Corp. is engaged in mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, aiming to contribute to a domestic supply chain for these minerals [5] - The Company holds properties in mining-friendly jurisdictions in Canada and the United States, including the Northwest Territories, Manitoba, and Montana [5]
Mustang Energy Corp. Announces Private Placement of up to C$3.0 Million
Globenewswire· 2025-06-24 21:22
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (“Mustang” or the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) for aggregate gross proceeds of up to C$3,000,000 from the sale of any combination of the following: non-flow through units of the Company (each, a “Unit”) at a price of C$0.14 per Unit;critical ...
Fitzroy Minerals Announces Non-Brokered Life Offering and Concurrent Private Placement for up to a Combined $13 Million
Thenewswire· 2025-06-24 13:15
Core Points - Fitzroy Minerals Inc. plans to complete a non-brokered listed issuer financing exemption (LIFE) private placement, aiming to raise up to $12 million at a price of $0.30 per share, with a minimum offering amount of $8 million [1][2] - The company will also conduct a concurrent non-brokered private placement of up to $1 million through the issuance of up to 3,333,333 shares at the same price [3] - Proceeds from the private placements will be allocated for exploration activities, property commitments, general administrative costs, and working capital [4] Regulatory and Offering Details - The LIFE Offering is conducted under National Instrument 45-106 and will not have a hold period under Canadian securities laws [2] - Securities from the concurrent offering will be subject to a statutory hold period of four months and one day [3] - The closing of the private placements is expected around July 5, 2025, pending TSXV approval [5] Insider Participation - Insiders of the company are expected to participate in the concurrent offering, which may be considered a related party transaction but will be exempt from certain formal requirements [6] Company Overview - Fitzroy Minerals focuses on exploring and developing mineral assets in the Americas, with projects including Buen Retiro and Caballos in Chile, Taquetren in Argentina, and Cariboo in Canada [9]
Nova Pacific Drills 16.2m @ 3.2 g/t AuEq and 17.64m @ 1.92 g/t AuEq from First Assay Results at Lara VMS Project on Vancouver Island, B.C.
Newsfile· 2025-06-24 12:30
Core Viewpoint - Nova Pacific Metals Corp. has reported promising initial assay results from its ongoing exploration drilling campaign at the Lara VMS Project on Vancouver Island, indicating the presence of mineralization and supporting the company's exploration model [1][3][9]. Exploration Results - The first four drill holes, totaling 582 meters, intersected mineralization, with notable intervals enriched with precious metals [1][3]. - Hole NP25-004 intersected 16.2 meters grading 3.3 g/t AuEq, while Hole NP25-001 intersected 17.64 meters grading 1.92 g/t AuEq [6][25]. - Assays are pending from an additional seven holes totaling 1,250 meters [4][7]. Project Overview - The Lara Project spans a 17-kilometer belt within the McLaughlin Ridge Formation, which is known for hosting the past-producing Myra Falls VMS Mine [1][13]. - The ongoing Phase 1 exploration program aims to verify historical drilling data to support a current mineral resource estimate targeted for Q4 2025 [12][20]. Future Plans - The company plans to conduct verification drilling and step-out drilling to test down-plunge extensions of previously intersected mineralization [11][12]. - Nova Pacific is also evaluating additional mineralized zones across the property to define resources beyond the Coronation area [14][20]. Technical and Quality Assurance - All drill core is logged, photographed, and analyzed under strict quality assurance and quality control protocols [16]. - The company has engaged Mineit Consulting Inc. to prepare an updated technical report for the Lara Project [12][20].
enviri(NVRI) - 2015 Q4 - Earnings Call Presentation
2025-06-24 11:56
Q4 2015 Results & Outlook Conference Call │February 26, 2016 ©2016 Harsco Corporation. All Rights Reserved Administrative Items Conference Call and Access to Information More information on Harsco's quarterly earnings, including the Company's earnings press release issued today and this presentation, is available on the Investor Relations portion of Harsco's website. Company management will discuss the Company's financial performance during a conference call today at 9:00 a.m. (ET). Both the presentation an ...
Appointment of Non-executive Director
Globenewswire· 2025-06-24 10:30
Core Viewpoint - Nova Minerals Limited has appointed Mr. Chaim (Dovi) Berger as an Independent Non-Executive Director effective July 1, 2025, enhancing its governance and expertise in finance and legal matters [1][2]. Company Overview - Nova Minerals Limited is focused on the exploration and development of Gold, Antimony, and Critical Minerals, particularly advancing the Estelle Project, which includes 514 km of mining claims in Alaska [4]. - The Estelle Project features multiple mining complexes along a 35 km mineralized corridor with over 20 advanced Gold and Antimony prospects, including two defined multi-million ounce resources [4]. - The project is located 150 km northwest of Anchorage, Alaska, in the Tintina Gold Belt, which has a documented gold endowment exceeding 220 million ounces [4]. Mr. Berger's Background - Mr. Berger has over 10 years of experience in structuring and closing complex transactions, with a background in corporate law, accounting, taxation, and M&A [2]. - He has a proven track record in executing strategic acquisitions and ensuring regulatory compliance while leading cross-functional teams [2]. - Mr. Berger will serve on the Audit & Risk Committee and the Remuneration & Nomination Committee [3].
Latin Metals Signs Definitive Option Agreement for Huachi Copper-Gold Project, San Juan Province, Argentina
Globenewswire· 2025-06-23 16:14
VANCOUVER, British Columbia, June 23, 2025 (GLOBE NEWSWIRE) -- Latin Metals Inc. ("Latin Metals" or the "Company") - (TSXV: LMS) (OTCQB: LMSQF) is pleased to announce that it has entered into a definitive option agreement (the "Agreement") with Golden Arrow Resources Corp. ("Golden Arrow") to acquire up to a 100% interest in the Huachi property ("Huachi"), a 3,500-hectare copper-gold project located in San Juan Province, Argentina (see previous news release, dated March 13, 2024). The Huachi property is imm ...
Mundoro Commences the 2025 Summer Drill Program at Borsko with BHP
Newsfile· 2025-06-23 12:21
Mundoro Commences the 2025 Summer Drill Program at Borsko with BHPJune 23, 2025 8:21 AM EDT | Source: Mundoro Capital Inc.Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the commencement of its summer drill program at the Borsko Project, part of the BHP-Mundoro option earn-in agreement in the Central Timok Magmatic Complex ("TMC") in Serbia.The Borsko Project, c ...
Prospector Begins Maiden Drill Program on ML Project, Yukon
Newsfile· 2025-06-23 11:30
Core Viewpoint - Prospector Metals Corp. has initiated a fully funded drilling program at its ML Project in the Yukon, aiming to explore high-priority target areas identified in previous exploration efforts [1][2]. 2025 Drill Program - The 2025 ML Drill Program will involve up to 5,000 meters of diamond drilling across 15 to 20 holes targeting six areas: Bueno, Skarn Ridge, Rubble, Fishbowl, Java, and North Vein [2][3]. - The drilling is focused on high-grade, structurally controlled gold mineralization, with initial drilling starting at the Bueno target, where rock samples have shown values up to 156 g/t Au [2][3]. Target Areas - The six target areas for the drilling program include: - Bueno - Skarn Ridge - Rubble Cirque - North Vein - Java - Fishbowl [2][3]. Geological Insights - The drilling targets are based on a reinterpretation of geological data from the 2024 exploration program and historical data, focusing on intrusive units and adjacent altered meta-sediments [2]. - The Bueno target specifically is characterized by NE steeply dipping structures associated with strong fracturing, quartz veining, and mineralization including arsenopyrite and chalcopyrite [2]. Company Overview - Prospector Metals Corp. is part of the Discovery Group and focuses on early-stage exploration of gold and base metal prospects, primarily in Yukon and Ontario, Canada [6]. - The company aims to create shareholder value through new discoveries in underexplored mineral districts [6]. Qualified Person - The technical content of the press release has been reviewed and approved by Jodie Gibson, P.Geo., Vice President Exploration of Prospector, ensuring compliance with National Instrument 43-101 [5].
VIZSLA SILVER ANNOUNCES US$100 MILLION BOUGHT DEAL FINANCING
Prnewswire· 2025-06-23 10:41
Core Viewpoint - Vizsla Silver Corp. has announced a bought deal offering of 33,334,000 common shares at a price of US$3.00 per share, aiming for gross proceeds of approximately US$100 million to advance its Panuco Project and for general corporate purposes [1][3]. Group 1: Offering Details - The Underwriters have an Over-Allotment Option to purchase an additional 15% of the Offering within 30 days, potentially increasing total gross proceeds to US$115 million if fully exercised [2]. - The Offering is expected to close around June 26, 2025, pending necessary regulatory approvals [2]. Group 2: Use of Proceeds - The net proceeds from the Offering will be utilized for exploration, drilling, and development of the Panuco Project, along with working capital and general corporate purposes [3]. Group 3: Company Overview - Vizsla Silver is a Canadian mineral exploration and development company focused on the Panuco silver-gold project in Sinaloa, Mexico, which has a Preliminary Economic Study indicating significant production potential and strong financial metrics [7]. - The project is expected to yield 15.2 million ounces of silver equivalent annually over a mine life of 10.6 years, with an after-tax NPV of US$1.1 billion and an IRR of 86% [7].