Core Viewpoint - Pelangio Exploration Inc. has successfully closed the first tranche of its upsized non-brokered private placement, raising gross proceeds of approximately $3,462,600 through the issuance of common shares at a price of $0.18 per share [1][2]. Group 1: Private Placement Details - The company issued a total of 19,236,668 common shares as part of the offering [2]. - The private placement was increased from an initial target of $4,000,000 to $4,500,000 [3]. - Each unit in the offering consists of one common share and one half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at a price of $0.31 for two years [3]. Group 2: Finder's Fees and Compliance - In connection with the closing, the company paid finder's fees totaling $183,402 in cash and issued 1,018,901 non-transferrable warrants to finders [4]. - Each Finder Warrant allows the purchase of one common share at a price of $0.18 for a period of twenty-four months from the initial closing date [4]. - The private placement remains subject to final approval from the TSX Venture Exchange [4]. Group 3: Company Overview - Pelangio Exploration focuses on acquiring and exploring land packages in gold-rich regions, particularly in Ghana and Canada [6]. - The company owns two significant properties in Ghana: the 100 km² Manfo property, which has eight near-surface gold discoveries, and the 284 km² Obuasi property, adjacent to AngloGold Ashanti's high-grade Obuasi Mine [6].

VANCOUVER, British Columbia, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Imperial Ginseng Products Ltd. (TSXV: IGP) (the “Company”), further to its news releases on May 8 and August 14, 2025, provides a further update with respect to its previously announced reverse takeover transaction (the ”Transaction”) with One Bullion Limited (“One Bullion”), a private arm’s length Ontario-incorporated gold exploration company headquartered in Toronto, Ontario, with projects located in Botswana. The Transaction is governed by a ...

Core Viewpoint - Fortuna Mining Corp. has entered into a binding Heads of Agreement with DeSoto Resources Limited to form an exploration alliance and joint venture in the Siguiri Basin of Guinea, which is known for its potential to host multi-million-ounce gold deposits [1][2]. Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company operating three mines and holding exploration projects in Argentina, Côte d'Ivoire, Mexico, Peru, and Senegal [4]. - The company emphasizes sustainability in its operations, focusing on efficient production, environmental stewardship, and social responsibility [4]. Joint Venture Details - The agreement establishes a new joint venture company (JVCo) to apply for and acquire new mining permits in targeted areas [6]. - The joint venture will have a board of up to four directors, with two from each party, and the majority partner will hold a casting vote [6]. - The project generation phase will last 36 months, focusing on identifying significant discoveries, termed "Go Projects" [6]. - Once a Go Project is identified, the joint venture will transition into a formal agreement where Fortuna will hold 70% and DeSoto 30%, with Fortuna funding exploration until either three years have passed or US$12.5 million has been spent [6]. DeSoto Resources Limited Overview - DeSoto Resources Limited is an Australian-listed gold exploration company with a focus on Guinea [3]. - The management team of DeSoto has a successful track record in West African exploration, including the discovery of a 5.4-million-ounce gold project [3]. Exploration Potential - The Siguiri Basin in Guinea is highlighted for its historical mining activity and potential for significant gold deposits, making it an attractive area for exploration [2].

TORONTO, Sept. 30, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) announces that the Company has granted stock options (the “Options”) today to purchase up to 2,160,000 common shares of the Company (the “Common Shares”) to the undernoted persons in the number set out opposite their names, valid for a period of five (5) years from the date of initial grant at an exercise price of C$0.15 per Common Share. The Options will vest on the following schedule: (i) one-third immediate ...

Lodestar Metals Announces $500,000 Private Placement, Strategic Share Consolidation and Strengthened Leadership TeamSeptember 29, 2025 7:35 AM EDT | Source: Lodestar Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Lodestar Metals Corp. (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company"), a junior exploration company unlocking world class gold potential in Nevada, is pleased to announce a non-brokered private placement of up to 6,666,666 post-Consolidation ...

Core Insights - Radisson Mining Resources Inc. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which signifies an important milestone for the company [1][3] - The company begins trading under the symbol "RMRDF" and U.S. investors can access its financial disclosures and real-time quotes on the OTC Markets website [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] Company Overview - Radisson Mining Resources Inc. is focused on gold exploration, particularly its 100% owned O'Brien Gold Project located in the Bousquet-Cadillac mining camp in Abitibi, Québec [4] - A Preliminary Economic Assessment from July 2025 indicates a low-cost, high-value project with an 11-year mine life and significant upside potential, supported by existing regional infrastructure [4] - The indicated mineral resources are estimated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional inferred mineral resources of 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au) [4] Industry Context - 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 OTCQX Best Market, along with other markets like OTCQB and Pink Limited Market, offers companies efficient access to U.S. financial markets [5]

Core Viewpoint - Pelangio Exploration Inc. has increased the size of its non-brokered private placement from gross proceeds of up to $4,000,000 to $4,500,000 due to additional demand [1] Offering Details - The Offering will consist of units priced at $0.18 each, with each unit comprising one common share and one half of a common share purchase warrant [2] - Each whole warrant allows the holder to purchase one common share at $0.31 for two years from the initial closing date [2] Use of Proceeds - The gross proceeds from the Offering will be allocated for exploration, metallurgical work, land maintenance costs, working capital, and general corporate purposes [3] Closing Conditions - The Offering is subject to customary closing conditions, including necessary corporate and regulatory approvals, with the initial closing expected around October 9, 2025 [4] - The securities issued will have a hold period of four months and one day in accordance with Canadian securities laws [4] Finder's Fee - The Company may pay a cash finder's fee of up to 7% of the gross proceeds and may issue non-transferable common share purchase warrants to finders [5] Insider Participation - Certain insiders may participate in the Offering, which will be considered a "related party transaction" under Multilateral Instrument 61-101 [6] Company Overview - Pelangio Exploration focuses on acquiring and exploring land packages in gold-rich areas, particularly in Ghana and Canada, with notable properties including the Manfo and Obuasi properties [8]

Core Points - Rackla Metals Inc. announced the exercise of over 11 million warrants at $0.40 per share, generating proceeds of just over $4.4 million [1] - The company is awaiting drill results from the initial three holes at the Grad Project, expected after September 20 [2] - Rackla has expanded its land position in the Tombstone Gold Belt, increasing its claims significantly [3][4] Company Developments - The company staked an additional 15 mineral claims, expanding its landholdings from 7,525 hectares to 23,175 hectares [4] - The Grad property was expanded from 5,525 hectares to 8,625 hectares, and the Ogre Property from 2,000 hectares to 5,750 hectares [4] - The Lened property, which has a historic tungsten skarn resource estimated at 0.9 million tonnes grading 1.0% WO3, was also included in the expansion [3][4] Community Engagement - Rackla is committed to maintaining respectful relationships with the Sahtu Dene and Métis communities as it advances exploration activities [6]

Core Viewpoint - Pelangio Exploration Inc. is conducting a non-brokered private placement to raise gross proceeds of up to $4,000,000, with each unit priced at $0.18, consisting of one common share and one half of a warrant [1][2]. Group 1: Offering Details - The offering will consist of units priced at $0.18 each, with each unit comprising one common share and one half of a warrant [1]. - Each whole warrant allows the holder to purchase one common share at a price of $0.31 for a period of two years from the initial closing date [1]. - The offering is subject to customary closing conditions, including regulatory approvals, and may close in multiple tranches, with the initial closing expected around October 9, 2025 [3]. Group 2: Use of Proceeds - The gross proceeds from the offering will be allocated for exploration, metallurgical work, land maintenance costs, working capital, and general corporate purposes [2]. Group 3: Insider Participation - Certain insiders may participate in the offering, which will be considered a related party transaction under Multilateral Instrument 61-101 [4]. - The company intends to rely on exemptions from formal valuation and minority approval requirements, as insider participation is not expected to exceed 25% of the company's market capitalization [4]. Group 4: Securities Regulations - The securities offered have not been registered under the U.S. Securities Act of 1933 and cannot be sold in the United States without registration or an exemption [5]. - The offering is intended for distribution in Canada only and is not meant for U.S. newswire services [10]. Group 5: Company Overview - Pelangio Exploration focuses on acquiring and exploring land packages in gold-rich areas, particularly in Ghana and Canada [7]. - The company has two 100% owned properties in Ghana, including the Manfo property and the Obuasi property, which is adjacent to a high-grade mine [7].

Core Points - Rocky Shore Gold Ltd. has increased the size of its non-brokered private placement to raise up to $2,500,000 through the sale of units and flow-through shares, both priced at $0.05 each [1][2] - The proceeds from the units will be used for general corporate purposes, while the proceeds from the flow-through shares will be allocated to the exploration and advancement of the Gold Anchor Project [2] - The company has received approval from the Canadian Securities Exchange (CSE) for an extension to complete the offering, with plans to close the final tranche by October 17, 2025 [3] Company Overview - Rocky Shore Gold is a Canadian exploration company focused on major gold discoveries at its 100%-owned Gold Anchor Project, located in central Newfoundland, which is recognized as a promising gold belt [4] - The Gold Anchor Project covers over 1,200 square kilometers and is strategically positioned near significant gold discoveries and deposits, featuring numerous gold-bearing faults [4] - The company acknowledges financial support from the 2025 Junior Exploration Assistance Program by the Government of Newfoundland and Labrador [5]