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Prismo Metals Announces Continuance into British Columbia
Thenewswire· 2025-12-09 05:00
Core Points - Prismo Metals Inc. has successfully continued its jurisdiction from Canada to British Columbia under the Business Corporations Act [1] - Shareholders approved this continuance during the annual general and special meeting held on October 2, 2025 [1] - The company has updated its articles and bylaws in accordance with the BCBCA, while the CUSIP/ISIN numbers and stock symbol remain unchanged [2] Company Overview - Prismo Metals Inc. is a mining exploration company focused on advancing its Silver King, Ripsey, and Hot Breccia projects in Arizona, as well as the Palos Verdes silver project in Mexico [2]
Mawson Shareholders Approve Arrangement with First Nordic Metals Corp.
Globenewswire· 2025-12-04 23:18
Core Viewpoint - Mawson Finland Limited has received overwhelming shareholder approval for its business combination with First Nordic Metals Corp, which involves the acquisition of all common shares of Mawson by First Nordic through a statutory plan of arrangement [1][2]. Group 1: Shareholder Approval - A total of 11,568,435 common shares were voted at the special meeting, representing 52.09% of the issued and outstanding shares, with 100% voting in favor of the arrangement [2]. Group 2: Arrangement Details - The arrangement will exchange all issued and outstanding common shares of Mawson for 1.7884 First Nordic common shares after a 4:1 consolidation of First Nordic's shares, or 7.1534 on a pre-consolidation basis for each Mawson share [4]. - Following the completion of the arrangement, Mawson will become a wholly-owned subsidiary of First Nordic [4]. Group 3: Next Steps - The arrangement is subject to final approval by the Ontario Superior Court of Justice, with a hearing scheduled for December 8, 2025, and the closing is expected around December 16, 2025 [3]. Group 4: Company Background - Mawson Finland Limited is focused on the acquisition and exploration of precious and base metal properties in Finland, primarily gold and cobalt, holding a 100% interest in the Rajapalot Gold-Cobalt Project [6].
Goldcliff Announces Closing of Fourth and Final Tranche of its LIFE Offering
Accessnewswire· 2025-12-04 19:30
Core Viewpoint - Goldcliff Resource Corporation has successfully closed its fourth and final tranche of a non-brokered private placement, raising a total of $427,400 through the issuance of non-flow through units and flow through shares [1][2]. Group 1: Private Placement Details - The fourth tranche involved the issuance of 240,000 non-flow through units (NFT Units) at a price of $0.06 per unit, generating proceeds of $14,400 [1][2]. - The total proceeds from all four tranches of the private placement included 240,000 NFT Units and 5,900,000 flow through shares (FT Shares), with the latter contributing $413,000 to the total [2]. - The private placement was conducted under the Listed Issuer Financing Exemption as per National Instrument 45-106 [2]. Group 2: Use of Proceeds - Proceeds from the NFT Units will be used to reimburse advances to an insider related to property payments for the Aurora West and Kettle Valley projects, as well as for general working capital [4]. - Funds raised from the FT Shares will be allocated to drilling at Kettle Valley and trenching and drill site preparation at the Ainsworth silver project, qualifying as Canadian exploration expenses [5]. Group 3: Warrant Details - Each NFT Unit consists of one common share and one half of a non-transferrable common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at an exercise price of $0.08 for 24 months [3]. Group 4: Regulatory and Compliance Information - No finder's fee was paid for the closing of the fourth tranche, and the closing is subject to final acceptance by the TSX Venture Exchange [6]. - The securities issued are not registered under the United States Securities Act of 1933 and cannot be offered or sold in the U.S. without registration or an exemption [6].
新股观察|从黄金到稀土与铀:Moonlight (ASX:ML8)IPO闪亮登场 双轮驱动战略迎接高光时刻
Sou Hu Cai Jing· 2025-11-13 10:57
Core Viewpoint - Moonlight Resources (ASX: ML8) is set to launch its IPO amid rising gold, rare earth, and uranium prices, positioning itself as a significant player in the mining sector with a diversified asset portfolio and a strong exploration strategy [1][3][28] Group 1: Company Overview - Moonlight Resources holds over ten exploration licenses covering more than 4,500 square kilometers, with assets in gold, rare earths, and uranium [1] - The company plans to issue 50 million shares at an IPO price of AUD 0.20, aiming to raise AUD 10 million, with 65.8% of the funds allocated for priority exploration areas [2][28] - The flagship Clermont gold project is strategically located near historical gold production areas, enhancing its exploration potential [6][28] Group 2: Market Context - The gold market is experiencing significant growth, with gold futures recently surpassing USD 4,000 per ounce, driven by inflation, interest rate changes, and geopolitical uncertainties [5] - In the ASX, eight out of the top ten performing companies in the previous fiscal year were related to gold exploration and mining [4] Group 3: Exploration Strategy - Moonlight's exploration strategy includes a 20,000-meter drilling plan aimed at defining its first JORC-compliant gold resource within 12-18 months [22][24] - The company has identified multiple high-priority targets within the Clermont project, including the Leo Grande mineralized zone, which shows promising historical drilling results [10][11][12] Group 4: Rare Earth and Uranium Assets - In addition to gold, Moonlight's portfolio includes significant rare earth and uranium projects, which are expected to provide long-term strategic value [13][14] - The MacDonnell Ranges project has shown strong uranium and rare earth mineralization, with plans for a 5,000-meter shallow drilling program post-IPO [15][18] Group 5: Management and Incentives - The company is led by a highly experienced team with a strong track record in mining and exploration, including key figures with extensive industry experience [19][20] - A performance equity mechanism aligns management incentives with shareholder value, focusing on resource growth and exploration progress [21]
Prismo Metals Announces Closing of Upsized Private Placement
Thenewswire· 2025-11-13 08:30
Core Points - Prismo Metals Inc. has successfully upsized and closed its non-brokered private placement, increasing the number of units from 12,500,000 to 17,450,000, resulting in gross proceeds of $1,745,000 due to strong investor demand [1][2] - The terms of the warrants associated with the units have been amended, with each unit now consisting of one common share and one full warrant, without the previous acceleration clause [2] - The net proceeds from the private placement will primarily be used for drilling at the Silver King project and for general corporate purposes, with an additional $125,000 expected from further subscriptions [3] Financial Details - The company issued 919,960 finder's warrants and paid finder's commissions totaling $92,398, along with a cash fee of $15,000 to a financial advisor in connection with the private placement [4] - All securities issued are subject to a four-month hold period under Canadian securities laws, and 303,275 units were issued to related parties, qualifying as a related party transaction [5] Company Overview - Prismo Metals Inc. is focused on mining exploration, particularly on three silver projects (Palos Verdes, Silver King, and Ripsey) and a copper project (Hot Breccia) located in Arizona [6]
Trailbreaker Resources Amends Atsutla Option Agreement
Thenewswire· 2025-11-06 21:30
Core Viewpoint - Trailbreaker Resources Ltd. has amended an option agreement for a mineral claim at its Atsutla Gold project in British Columbia, which is aimed at enhancing its exploration efforts and shareholder value [1][4]. Agreement Details - The initial Option Agreement, signed on November 21, 2022, allowed Trailbreaker to earn a 100% interest in the 'Golden Echelon' claim block, covering 132 hectares, through staged share issuances totaling 80,000 common shares and a one-time cash payment of $25,000 [2][3]. - The amended agreement, signed on November 3, 2025, modifies the share issuance schedule and is subject to approval from the TSX Venture Exchange [4][5]. Share Issuance Schedule - Under the amended agreement, the share issuance includes: - 10,000 common shares upon TSX Venture Exchange approval - 10,000 common shares by November 16, 2023 - 10,000 common shares by November 16, 2024 - 50,000 common shares and a $25,000 cash payment by November 16, 2025 [5]. - Additional terms include issuing 25,000 common shares by November 16, 2025, and either paying $25,000 and issuing 50,000 common shares or issuing 175,000 common shares by May 16, 2026 [6]. Company Overview - Trailbreaker Resources is focused on mining exploration in British Columbia and Yukon Territory, Canada, with a commitment to continuous exploration and maintaining a portfolio of quality mineral properties [4]. - The company is led by an experienced management team with a proven track record in exploration and development across various regions including Yukon, British Columbia, Alaska, and Nevada [4].
CEO.CA's Inside the Boardroom: Nicola Mining: Gradual Ramp-Up at Merritt Mill, Silver and Copper Exploration Plans Heading into 2026
Newsfile· 2025-11-06 13:52
Core Insights - Nicola Mining Inc. is gradually ramping up operations at its Merritt Mill and has plans for silver and copper exploration extending into 2026 [1][3]. Company Overview - Nicola Mining Inc. is listed on TSXV under the ticker NIM, OTCQB as HUSIF, and FSE as HLIA [3]. - The company is featured in the 'Inside the Boardroom' series, which provides insights from industry leaders [3]. Exploration Plans - The company is focusing on silver and copper exploration, indicating a strategic direction towards diversifying its resource portfolio [1][3]. - The exploration plans are set to continue through 2026, suggesting a long-term commitment to resource development [1]. Community Engagement - CEO.CA serves as a platform for investors to connect and share knowledge about junior mining stocks, enhancing community engagement [2][5]. - The platform has attracted millions of users globally, indicating a strong interest in resource and venture stocks [2][5].
Seahawk Announces Proposed Acquisition of Arizona and New Mexico Property Portfolio
Newsfile· 2025-10-29 20:13
Core Points - Seahawk Ventures Inc. has entered into a letter of intent to acquire a U.S. subsidiary of Redline Minerals Inc., which holds interests in four gold and zinc exploration properties in Arizona and New Mexico, marking a significant step towards reactivating Seahawk as an exploration issuer [1][4][6] Transaction Summary - The proposed transaction involves Seahawk issuing 15,500,000 common shares at a deemed price of $0.40 per share as consideration for the securities of the U.S. subsidiary [4] - The shares will be subject to resale restrictions and a three-year escrow period, with specific release conditions [4] - Redline will have the right to appoint two individuals to Seahawk's board upon achieving certain milestones [4][6] Conditions and Approvals - The transaction is classified as a "Fundamental Change," requiring shareholder approval through written consent or a meeting [6] - A definitive agreement is expected to be executed by December 26, 2025, with the final structure subject to various considerations [5][9] Financing Details - Seahawk plans to raise up to $2,000,000 through a non-brokered financing, selling up to 5,000,000 units at $0.40 per unit [11] - Each unit will consist of one common share and one half of a share purchase warrant, with the warrant allowing the purchase of an additional share at $0.80 for one year [12] Properties Overview - The U.S. subsidiary holds four mineral properties: - MCNARY Property (gold exploration, Arizona) - BOSTON-ARIZONA Property (zinc-polymetallic exploration, Arizona) - LONEPINE Property (gold-tellurium exploration, New Mexico) - WINSTON Property (gold-silver exploration, New Mexico) [16] Management and Board Structure - Current directors and management of Seahawk are expected to remain post-transaction, with Redline selecting two additional board nominees [15]
Prismo Metals Announces Private Placement and Ripsey Gold Project Overlimit Silver Assay Results
Thenewswire· 2025-10-20 11:45
Core Viewpoint - Prismo Metals Inc. is conducting a non-brokered private placement to raise a minimum of $1,250,000 through the issuance of 12.5 million units at $0.10 per unit, aimed primarily at funding drilling activities at its Silver King project and for general corporate purposes [1][2]. Group 1: Private Placement Details - The private placement consists of 12.5 million units priced at $0.10 each, with each unit comprising one common share and one-half of a common share purchase warrant [1]. - Each warrant allows the holder to purchase one share at an exercise price of $0.175 for 36 months, with an accelerated expiry clause if shares close at or above $0.25 for ten consecutive trading days [1]. - The placement is available to existing shareholders under the Existing Securityholder Exemption, limiting individual investments to CAD$15,000 unless specific advice is obtained [7][8]. Group 2: Use of Proceeds - The net proceeds from the private placement will primarily be used for drilling at the Silver King project, with a planned first phase of at least 1,000 meters [2]. Group 3: Exploration Plans - The initial drilling phase aims to test the upper half of the Silver King mineralized body and adjacent areas, with potential for follow-up drilling based on results [3]. - Recent assays from the Ripsey mine indicate high-grade silver mineralization, with values ranging from 132 to 224 g/t Ag, confirming the quality of the mineralization along the Ripsey vein [11][12]. Group 4: Historical Context - The Silver King mine, discovered in 1875, was a significant silver producer in Arizona, yielding nearly 6 million ounces of silver at high grades, and is strategically located near the Resolution Copper project [14].
Opus One Gold Corp Appoints Jean-David Moore on Its Board of Directors
Globenewswire· 2025-10-15 13:00
Core Insights - Opus One Gold Corp has appointed Jean-David Moore to its Board of Directors, enhancing its leadership team with his extensive experience in the mining sector [1][5] - Moore is a significant shareholder in the junior mining sector, holding 10,900,000 shares of Opus One, and has a strong network within the industry [2][5] - The company is focused on accelerating development initiatives and adapting to market challenges, particularly in light of rising gold prices [5] Company Overview - Opus One Gold Corp is a mining exploration company targeting high-quality gold and base metals deposits in the Abitibi Greenstone Belt, a prolific mining area in Quebec and Ontario [6] - The company holds assets in the Val-d'Or and Matagami mineral districts, indicating a strategic focus on proven mining camps [6] Leadership Background - Jean-David Moore has over twenty years of experience in the mineral exploration and development sector, serving as a consultant and advisor [2] - He holds directorial positions in several resource sector organizations and has previously served as a director for a company acquired by Iamgold Corp [3] - Moore is a graduate of Laval University with a degree in Forestry Engineering and has authored over eighty scientific publications [4]