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Doubleview Gold Corp. Closes Second Tranche of $104,000 Non-Brokered Private Placement
TMX Newsfile· 2025-12-31 13:00
Core Viewpoint - Doubleview Gold Corp. has successfully closed the second tranche of its non-brokered private placement, raising a total of $104,000 through the issuance of flow-through units, which will support its exploration programs and general working capital needs [1][2][3]. Group 1: Private Placement Details - The second tranche involved the issuance of 80,000 flow-through units at a price of $1.30 per unit, resulting in gross proceeds of $104,000 [2]. - Combined with the first tranche, which closed on December 22, 2025, the total gross proceeds raised by the company amount to $829,099.70 [3]. - The company will pay finders fees totaling $25,000 in cash to PB Markets Inc. in connection with the second tranche [3]. Group 2: Use of Proceeds - Proceeds from the second tranche will be allocated to fund the current exploration program on the company's projects in British Columbia, particularly the polymetallic Hat Project [3]. Group 3: Regulatory and Compliance Information - All securities issued in the second tranche are subject to a four-month-and-one-day hold period, expiring on May 2, 2026, in accordance with applicable securities laws [4]. - The private placement is pending final approval from the TSX Venture Exchange, with the company expecting to close the remaining portion in the coming weeks [4]. Group 4: Company Overview - Doubleview Gold Corp. is a mineral resource exploration and development company based in Vancouver, British Columbia, focusing on precious and base metal projects across North America [5]. - The company aims to enhance shareholder value through the acquisition and exploration of high-quality projects involving critical minerals such as gold, copper, cobalt, scandium, and silver [5]. - The company's success is attributed to the support of long-term shareholders and institutional investors, which has been crucial for advancing its strategic initiatives [6].
SONORO GOLD ANNOUNCES CLOSING OF OVERSUBSCRIBED $4.9M PRIVATE PLACEMENT
Globenewswire· 2025-12-31 13:00
VANCOUVER, Canada, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that it has closed its previously announced oversubscribed, non-brokered private placement of 24,500,000 units (the “Units”) at $0.20 per unit, for gross proceeds of CAD $4,900,000. Each Unit consists of one Sonoro common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional Sonoro common sh ...
Galleon Gold Completes Repurchase of Royalty on the West Cache Project
TMX Newsfile· 2025-12-31 12:30
Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce that it has successfully completed the repurchase of a 3% net smelter return royalty (the "Royalty") on the Company's West Cache Gold Project ("West Cache" or the "Project") from a wholly-owned subsidiary of Newmont Corporation ("Newmont") (Previously announced on October 16, 2025).Pursuant to the agreement, Galleon Gold has exercised its existing righ ...
The Builder's Market: 5 Gold Stocks Transitioning to Cash Flow - G2 Goldfields (OTC:GUYGF), Lundin Gold (OTC:LUGDF)
Benzinga· 2025-12-31 12:19
Industry Overview - Gold developers are advancing construction decisions due to record producer margins, with all-in sustaining costs averaging $1,600 per ounce and gold prices exceeding $4,400, creating a unique opportunity for mine construction [1][2] - 97% of gold producers are operating with positive margins, making the financial case for new mine construction compelling, supported by short payback periods and strong internal rates of return [2][3] Company Highlights - **Lake Victoria Gold** has confirmed high-grade gold mineralization at its Tembo Project in Tanzania, with grades up to 35.45 g/t, and is focusing on defining resources and finalizing processing agreements [3][4] - The company is in discussions with Nyati Resources to access a processing plant, expecting to finalize an agreement by early 2026, which will facilitate near-term production [5] - Lake Victoria Gold's drilling program at Ngula 1 is set to begin in Q1 2026, targeting a strike length of 300 to 400 meters with consistently high grades [6] - The company is also advancing its Imwelo Gold Project, located near AngloGold Ashanti's Geita Mine, with recent drill results extending mineralization beyond current designs [6][7] - **i-80 Gold Corp.** plans to refurbish its Lone Tree Plant in Northern Nevada with an estimated capital cost of $412 million, aiming for a short payback period of 12 to 24 months [9][10] - The refurbished plant will process material from three high-grade underground mines, reducing processing costs significantly and increasing margins by $1,000 to $1,500 per ounce [11] - **McEwen Inc.** has received approval for the extension of its Environmental Impact Assessment for the El Gallo Mine, with Phase 1 expected to produce approximately 20,000 gold equivalent ounces annually starting mid-2027 [12][13] - **Lundin Gold Inc.** targets gold production of 475,000 to 525,000 ounces at its Fruta del Norte mine in 2026, with cash operating costs between $900 to $960 per ounce [14][15] - The company is launching an $85 million exploration campaign, the largest in its history, and plans to maintain a fixed quarterly dividend of $0.30 per share [15] - **G2 Goldfields Inc.** has delivered a maiden PEA for its Oko Gold Project, projecting an average production of 281,000 ounces annually at all-in sustaining costs of $1,137 per ounce, with an after-tax NPV of $2.6 billion [16][17] - The project requires initial capital of $664 million and is positioned for potential resource expansion as drilling continues [17]
Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Probe Gold Shareholders Vote FOR the Proposed Plan of Arrangement with Fresnillo
Globenewswire· 2025-12-31 11:30
Core Viewpoint - Probe Gold Inc. has received recommendations from two independent proxy advisory firms, ISS and Glass Lewis, to vote in favor of a special resolution for a statutory plan of arrangement with Fresnillo, which involves acquiring all outstanding common shares of Probe for C$3.65 per share, totaling approximately C$780 million [1][4]. Summary by Sections Transaction Details - The cash consideration of C$3.65 per share represents a 39% premium over the closing price on October 30, 2025, and a 26% premium based on the volume-weighted average price over the 20 trading days ending on the same date [2]. - The transaction is expected to close in Q1 2026, subject to the satisfaction of all conditions outlined in the arrangement agreement, including shareholder approval [3]. Recommendations from Advisory Firms - ISS stated that the arrangement is strategically sound, providing immediate value and certainty to shareholders, with a positive market reaction and credible valuation [4]. - Glass Lewis concluded that the transaction offers reasonable financial terms that are fair and favorable for shareholders, representing an attractive opportunity for realizing fair value and liquidity [4]. Board of Directors' Position - The Board of Directors unanimously recommends that shareholders vote in favor of the Arrangement Resolution, determining that the transaction is in the best interests of the Company and fair to shareholders [5]. Shareholder Meeting Information - A special meeting for shareholders to vote on the Arrangement Resolution is scheduled for January 13, 2026, at 11:00 a.m. in Toronto [6]. - Shareholders of record as of November 27, 2025, are entitled to vote, with a proxy voting deadline set for January 9, 2026 [7]. Voting Support Agreements - Directors and officers of Probe, along with Eldorado Gold Corporation, holding approximately 12% of the shares, have entered into voting support agreements to vote in favor of the transaction [8].
Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Probe Gold Shareholders Vote FOR the Proposed Plan of Arrangement with Fresnillo
Globenewswire· 2025-12-31 11:30
Core Viewpoint - Probe Gold Inc. is set to undergo a significant transaction where Fresnillo plc will acquire all outstanding common shares of Probe for C$3.65 per share, totaling approximately C$780 million, with independent proxy advisory firms recommending shareholders vote in favor of the arrangement [1][2][4]. Transaction Details - The cash consideration of C$3.65 per share represents a 39% premium over the closing price on October 30, 2025, and a 26% premium based on the volume-weighted average price over the preceding 20 trading days [2]. - The transaction is expected to close in Q1 2026, pending the approval of the Arrangement Resolution and other conditions outlined in the arrangement agreement [3]. Advisory Recommendations - Institutional Shareholder Services Inc. (ISS) stated that the arrangement is strategically sound, providing immediate value and certainty to shareholders, with a positive market reaction [4]. - Glass Lewis concluded that the transaction offers reasonable financial terms, representing an attractive opportunity for shareholders to realize fair value and full liquidity [4]. Board of Directors' Position - The Board of Directors unanimously recommends that shareholders vote in favor of the Arrangement Resolution, deeming the transaction to be in the best interests of the Company [5]. Shareholder Meeting Information - A special meeting for shareholders to vote on the Arrangement Resolution is scheduled for January 13, 2026, at 11:00 a.m. Toronto time [6]. - Shareholders must vote by proxy by 11:00 a.m. on January 9, 2026, to participate in the meeting [7]. Voting Support Agreements - Directors and officers of Probe, along with Eldorado Gold Corporation, holding approximately 12% of the shares, have entered into voting support agreements to vote in favor of the transaction [8]. Company Overview - Probe Gold Inc. is a Canadian gold exploration company focused on acquiring and developing high-quality gold properties, including the multimillion-ounce Novador Gold Project in Québec [10].
Headwater Gold Grants Stock Options
Thenewswire· 2025-12-31 11:30
Summary of Key Points Core Viewpoint - Headwater Gold Inc. has granted 1,825,000 incentive stock options to its directors, officers, employees, and consultants, which are exercisable at a price of $0.75 for a five-year term and vest immediately [1]. Group 1 - The total number of stock options granted is 1,825,000 [1]. - Each option allows the purchase of one common share at a price of $0.75 [1]. - The options have a term of five years and vest immediately upon grant [1].
Liberty Gold Provides Year-End Update on Goldstrike and Critical Minerals Assets
Globenewswire· 2025-12-31 11:00
Core Viewpoint - Liberty Gold Corp. is focused on enhancing long-term value from its Goldstrike Oxide Gold Project, Antimony Ridge discovery, and Gage Critical Metals Project, with a refined strategy for asset management and capital allocation [1][2]. Goldstrike Project - The Company has added 35 claims to the west and north of Goldstrike to cover new high-potential oxide gold exploration targets [3]. - Ongoing advancements include acquiring process water rights, reviewing nearby land opportunities, and updating internal economic studies for long-term value creation [3]. Antimony Ridge Project - Antimony Ridge features extensive surface-exposed antimony and gold mineralization located approximately 5 kilometers east of the main Goldstrike resource [4]. - Initial sampling has yielded values up to 5.8% antimony, with mineralization open at depth and a defined mineralized strike length of over 3 kilometers [4]. - The main targets at Antimony Ridge are fully permitted and ready for drilling [4]. Gage Project - Liberty Gold has secured 181 unpatented mining claims and two Utah State leases, covering a total area of 5,916 hectares, to enhance its critical minerals asset portfolio [5]. - The newly acquired lands are located along a north-west trending critical metals belt greater than 5 kilometers in length, surrounding the past-producing Apex Mine [5]. - The Apex Mine historically produced copper, zinc, lead, and silver, and was identified to contain significant values of gallium and germanium [5]. Strategic Review and Asset Management - The Company is actively reviewing and advancing divestiture options for its critical minerals assets, with no assurance on the timing or terms of any potential transactions [9][7]. - Claims and state mineral leases from the Gage Project will be combined with Antimony Ridge to create a critical metals investment opportunity [7].
Lincoln Gold Mining announces CEO succession: Chairman Ian Rogers name
Seeking Alpha· 2025-12-31 05:50
Leadership Transition - Lincoln Gold Mining has announced a leadership transition with Ian Rogers appointed as interim CEO, effective immediately [1] - Ian Rogers succeeds Paul Saxton, who is stepping down from his roles as President and CEO [1] - Paul Saxton will remain a member of the board of directors to ensure strategic continuity [1]
LaFleur Minerals Closes Upsized, Fully Subscribed LIFE Offering and FT Offering
TMX Newsfile· 2025-12-31 00:28
Core Viewpoint - LaFleur Minerals Inc. has successfully completed two financing rounds, raising a total of $6,900,421 to fund the restart of its Beacon Gold Mill and advance its Swanson Gold Project, positioning the company for near-term gold production and cash flow generation [1][2][4]. Financing Details - The non-brokered private placement (LIFE Offering) raised gross proceeds of $4,695,000 at a price of $0.50 per unit, while the Flow-Through Offering generated $2,205,421 at a price of $0.60 per unit [1][2]. - Each LIFE Unit consists of one common share and one warrant, allowing the purchase of an additional share at $0.75 for 36 months [8]. - Each Flow-Through Unit includes one common share and one warrant, with similar purchase terms as the LIFE Offering but valid for 24 months [9]. Operational Strategy - The funding will enable the restart of the Beacon Gold Mill, which has a capacity of 750 tonnes per day and is fully permitted and in good condition, significantly reducing execution risk compared to new mill construction [5][4]. - The company plans to source mineralized material from the nearby Swanson Gold Project, which is expected to provide 10,000-20,000 metric tons of stockpiles for initial operations [2][6]. Project Potential - The Swanson Gold Project is strategically located within the Abitibi Greenstone Belt, known for its historical gold production exceeding 200 million ounces, and is expected to be a primary source of mill feed [6][4]. - The company aims to define high-grade zones at Swanson to transition quickly into production, supporting a low-capex, staged production model [6][7]. Value Creation - The combination of a restart-ready gold mill and a high-grade gold project positions LaFleur as a differentiated junior gold company with a clear growth strategy, aiming to establish cash flow and long-term shareholder value [7][4].