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Winshear Gold Increases Private Placement to $750,000
Globenewswire· 2025-06-03 14:35
Group 1 - Winshear Gold Corp. has increased its non-brokered private placement to $750,000, with each unit priced at $0.06 per share and including a half warrant for future share purchase at $0.12 [2][3] - The proceeds from the financing will be utilized to advance the Thunder Bay Gold Project and for general working capital purposes [3] - The completion of the private placement is subject to approval from the TSX Venture Exchange and includes a hold period of four months and one day for the issued securities [4] Group 2 - Winshear Gold Corp. is a Canadian-based minerals exploration company focused on gold projects [5]
Winshear Gold Announces $500,000 Private Placement
Globenewswire· 2025-05-29 11:30
Core Points - Winshear Gold Corp. announced a non-brokered private placement of up to 8,333,333 Units at a price of $0.06 per Unit, aiming for gross proceeds of $500,000 [2] - Each Unit consists of one common share and one half of a common share purchase warrant, with full warrants allowing the purchase of one common share at $0.12 for 24 months [2] - The proceeds from the financing will be utilized to advance the Thunder Bay Gold Project and for general working capital [3] Company Information - Winshear Gold Corp. is a Canadian-based minerals exploration company [5] - The completion of the private placement is subject to approval from the TSX Venture Exchange, and all securities will have a hold period of four months and one day from issuance [4]
Amaroq Minerals Comments on Recent Trading Activity
Globenewswire· 2025-05-20 21:29
Core Viewpoint - Amaroq Minerals has confirmed that its management is unaware of any material changes in operations that would explain the recent increase in market activity, following a request from the Canadian Investment Regulatory Organization (CIRO) [2]. Company Overview - Amaroq Minerals focuses on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The principal asset is a 100% interest in the Nalunaq Gold mine [4]. - The company holds a portfolio of gold and strategic metal assets in Southern Greenland, covering two known gold belts and advanced exploration projects at Stendalen and the Sava Copper Belt, which explore for strategic metals such as Copper, Nickel, Rare Earths, and other minerals [4]. Recent Trading Activity - The company has noted a recent increase in market activity but has not identified any material changes in its operations that would account for this [2].
Sokoman Minerals Corp. Closes First Tranche of Critical Mineral Flow-Through Private Placement
Newsfile· 2025-05-07 20:59
Core Points - Sokoman Minerals Corp. has closed the first tranche of its CAD$400,000 non-brokered flow-through private-placement financing, raising CAD$300,000 through the sale of 6,000,000 FT common shares at CAD$0.05 each [1][2] - The company plans to utilize the proceeds from the financing to fund eligible Canadian exploration expenses, which will be renounced in favor of the subscribers of the FT Shares [4] - The company has received CAD$150,000 from the Government of Newfoundland and Labrador through the Mineral Incentive Program to support its exploration efforts [5] Financial Details - The first tranche of the financing includes cash finders' fees totaling CAD$18,000 and 360,000 non-transferable broker warrants exercisable at CAD$0.07 for one year [2] - The total treasury of the company is expected to strengthen to approximately CAD$1.3 million following this financing [2] Company Overview - Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in Newfoundland and Labrador, focusing primarily on gold projects [6] - The company's flagship projects include the Moosehead, Crippleback Lake, and Fleur de Lys projects, targeting Dalradian-type orogenic gold mineralization [6] - The company has entered a strategic alliance with Benton Resources Inc. for joint-venture properties in Newfoundland [6][7]
Sokoman Minerals Completes Vinland Shares Spin-Out
Newsfile· 2025-04-25 14:54
Core Viewpoint - Sokoman Minerals Corp. has successfully completed the spin-out of approximately half of its shares in Vinland Lithium Inc. to its shareholders, with the distribution effective April 30, 2025 [1][2]. Company Overview - Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in Newfoundland and Labrador, focusing primarily on gold projects, including the flagship Moosehead project and others targeting Dalradian-type orogenic gold mineralization [4]. - The company has entered a strategic alliance with Benton Resources Inc. for large-scale joint-venture properties in Newfoundland [4]. Spin-Out Details - The spin-out involves a total of 2,025,126 common shares of Vinland being distributed to shareholders, while Sokoman will retain 2,000,000 shares of Vinland [2]. - Shareholders holding at least 8,000 Sokoman shares will receive approximately 50 Vinland shares for every 8,000 Sokoman shares owned [1][2]. - New Sokoman shares will be listed on the TSX Venture Exchange on April 29, 2025, while Old Sokoman shares will be delisted effective April 28, 2025 [3]. Market Context - Vinland has made a separate application for listing its shares on the TSX Venture Exchange, although no Vinland shares will be listed upon the closing of the spin-out [3].