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Tinka Closes Oversubscribed C$14.2 Million Private Placement; Appoints Brandon Macdonald as Executive Chairman
Newsfile· 2025-10-06 10:30
Tinka Closes Oversubscribed C$14.2 Million Private Placement; Appoints Brandon Macdonald as Executive ChairmanOctober 06, 2025 6:30 AM EDT | Source: Tinka Resources LimitedVancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - Tinka Resources Limited (TSXV: TK) (OTCQB: TKRFF) ("Tinka" or the "Company") announces the closing of its previously announced non-brokered private placement financing (the "Offering") of units (the "Units"). Pursuant to the closing of the Offering, the Compan ...
American Critical Minerals Announces Large-Scale Exploration Targets for Lithium and Bromine for its Green River Project Complementing its Existing Exploration Target for Potash
Accessnewswire· 2025-10-06 09:00
2.1 billion cubic meters (brine volume) grading from 71.6 to 216.3 parts per million lithium (1.7Million Tonnes Lithium Carbonate Equivalent "LCE" high case)****; 2.1 billion cubic meters (brine volume) grading from 3,656 to 4,741 parts per million bromine (9.1 Mt Bromine high case); Existing Potash Exploration Target of 0.6-1.0 billion tonnes ("Bt") of sylvanite grading from 12% to 18% potassium oxide based on elog (eK2O=19% and 29% potassium chloride based on elog (eKCl) ***. VANCOUVER, BC / ACCESS Newswi ...
Questcorp Mining Provides Update on Private Placement
Newsfile· 2025-10-06 07:15
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") announces that it has revised the terms of its previously announced non-brokered private placement (the "Offering"). The Company will now offer up to 7,500,000 units (each, an "AI Unit") at a price of $0.20 per AI Unit for gross proceeds of up to $1,500,000 pursuant to the accredited investor exemption (the "Accredited Investor Exemption") under Sectio ...
King Copper Discovery Corp. Ongoing Onsite Work Identifies Multiple New High Priority Targets
Globenewswire· 2025-10-03 22:37
VANCOUVER, British Columbia, Oct. 03, 2025 (GLOBE NEWSWIRE) -- King Copper Discovery Corp. (“King Copper”, or the “Company”; KCP-TSXV, TBXXF-OTCQB, 3RI-FSE) is pleased to report on continued progress onsite at the Company’s Colquemayo Project in Peru. In anticipation of an upcoming and fully funded 15,000 metre drill program, Company geologists are onsite relogging and reinterpreting historic drill core. Relogging and reinterpretation of the historical drill core covering approximately 4 km of the known 12k ...
Kobrea Closes Previously Announced $8.5 Million Private Placement
Newsfile· 2025-10-03 21:26
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2025) - Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) ("Kobrea" or the "Company") is pleased to announce that it has closed its previously announced private placement offering of 17,000,000 units of the Company ("Units") at an issue price of $0.50 per Unit for aggregate gross proceeds of $8.5 million (the "Offering"). Each Unit consists of one common share of the Company (a "Common Share") and one-half of one common share purchase wa ...
Silver Dollar Announces Closing of $5.9 Million Brokered Financing, with Participation by Eric Sprott
Newsfile· 2025-10-03 14:34
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2025) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) ("Silver Dollar" or the "Company") is pleased to announce the closing of its previously announced brokered private placement offering (the "Offering") of units of the Company (the "Units") at a price of $0.35 per Unit for aggregate gross proceeds of $5,900,000. The Offering was led by Research Capital Corporation as the sole agent and sole bookrunner (the "Agent"). Each Unit c ...
MAX Power Establishes Saskatchewan Headquarters to Lead Canada's Natural Hydrogen Breakthrough
Globenewswire· 2025-10-03 14:00
The move to Innovation Saskatchewan facilities in Saskatoon and Regina directly aligns MAX Power with world class research, infrastructure and potential near-term commercial opportunities.Tight alignment with MAX Power’s momentum: The relocation dovetails with recent Natural Hydrogen milestones (key personnel, financings, and the commencement this quarter of Canada’s first-ever dedicated Natural Hydrogen multi-well deep drilling program).The relocation places MAX Power’s leadership at the heart of Canada’s ...
New Age Metals Closes First Tranche of Private Placement with Eric Sprott Raising $2,450,000
Thenewswire· 2025-10-03 12:30
Core Viewpoint - New Age Metals Inc. has successfully closed the first tranche of a non-brokered private placement financing, raising a total of $2,450,000 through the issuance of flow-through and non-flow-through units [1][6]. Financing Details - The first tranche included the issuance of 1,730,771 flow-through units at a price of $0.26 per unit and 9,090,910 non-flow-through units [1]. - Each flow-through unit consists of one common share and one half of a share purchase warrant, with the whole warrant allowing the purchase of an additional common share at an exercise price of $0.40 for three years [2]. - Each non-flow-through unit also consists of one common share and one half of a share purchase warrant, with the same terms as the flow-through units [3]. Finder's Fees - A total of $27,000.02 in cash and 142,307 non-transferable finder warrants were paid to GloRes Securities Inc. and PB Markets Inc. for the FT Unit tranche closing [4]. - No finder fees were associated with the NFT Units [4]. Use of Proceeds - Proceeds from the flow-through units will be allocated for exploration and development of projects in Newfoundland, Ontario, and Manitoba [6]. - Proceeds from the non-flow-through units will be used for exploration and general working capital [6]. Insider Participation - Eric Sprott, through 2176423 Ontario Ltd., acquired 9,090,910 non-flow-through units for a total of $2,000,000.20, increasing his ownership from approximately 23.2% to 33.1% of the outstanding shares on a non-diluted basis [7]. - The transaction is classified as a related party transaction, and the company relied on exemptions from formal valuation and minority shareholder approval requirements [10]. Company Overview - New Age Metals is focused on the exploration and development of critical green and precious metal projects in North America, with divisions in Platinum Group Elements, Gold, Lithium/Rare Elements, and Antimony-Gold [11]. - The company owns significant projects, including the River Valley Project, one of North America's largest undeveloped Platinum Group Element projects [12]. - Recent developments include an agreement to option the Bonanza Gold Project in the Kenora Gold District, which consists of 114 mining claims [13]. Lithium Division - The Lithium Division is one of the largest mineral claim holders in the Winnipeg River Pegmatite Field, exploring hard rock lithium and rare elements [14]. - A joint venture with Mineral Resources Ltd. has been established, with a minimum budget approved for the projects from May 2025 to April 2026 [14]. Antimony-Gold Division - The Antimony-Gold division spans over 19,800 hectares in Newfoundland, with ongoing exploration activities and recent approval under the Junior Exploration Assistance Program [17]. Investment in MetalQuest Mining - New Age Metals holds approximately 12.79% of MetalQuest Mining, which is developing a significant iron ore project [18][19].
Azucar Announces TSXV Approval of Option Agreement and Management Changes
Globenewswire· 2025-10-03 11:30
Group 1 - Azucar Minerals Ltd. has received approval from the TSX Venture Exchange for an Option-Joint venture exploration agreement with Almadex Minerals Ltd., allowing Azucar to acquire a 60% interest in three of Almadex's wholly owned claims in Nevada: Pilot, Confusion Hills, and Red Ring prospect [1] - Douglas McDonald has resigned from all roles within Azucar, including Director and Executive Vice President, effective October 2, 2025, but will remain in an advisory capacity to support succession initiatives and ongoing business activities [2] - Azucar is focused on exploration for porphyry copper and gold targets in Nevada, and also holds a 100% interest in the El Cobre copper-gold porphyry project in Mexico [3]
Almadex Announces TSXV Approval of Option Agreement and Management Changes
Globenewswire· 2025-10-03 11:30
Group 1 - Almadex Minerals Ltd. has received approval from the TSX Venture Exchange for an Option-Joint venture exploration agreement with Azucar Minerals Ltd., allowing Azucar to acquire a 60% interest in three of Almadex's wholly owned claims in Nevada: Pilot, Confusion Hills, and Red Ring [1] - Douglas McDonald has resigned from all roles within the company, including Director and Executive Vice President, effective October 2, 2025, but will remain in an advisory capacity to support succession initiatives and ongoing business activities [2] - Almadex Minerals Ltd. is an exploration company with a significant mineral portfolio that includes projects and NSR royalties in Canada, the U.S., and Mexico, resulting from extensive prospecting and deal-making by its management team [3]