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Aventis Energy Inc. Announces Flow-Through Financing
Globenewswire· 2025-06-20 21:00
Group 1: Offering Details - Aventis Energy Inc. announced a non-brokered private placement for gross proceeds of up to C$350,000.40 from the sale of up to 1,166,668 flow-through units at a price of C$0.30 per unit [1] - Each flow-through unit will consist of one common share and one half of a common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.40 for 24 months [2] - The proceeds will be used for exploration on the Company's project portfolio, specifically for eligible Canadian exploration expenses [4] Group 2: Finder's Fees and Regulatory Compliance - The Company may pay finder's fees to third parties sourced by finders, and the offering will be conducted under accredited investor and minimum amount investment exemptions [3] - The securities from the sale will be subject to a statutory hold period in Canada, ending four months plus one day after the closing date of the offering [3][5] Group 3: Marketing Initiatives - Aventis Energy has increased its advertising budget with RMK Marketing Inc. to a total of C$500,000, with an additional C$250,000 allocated for marketing services [6] - RMK will coordinate marketing actions, optimize AdWords campaigns, and manage online marketing efforts without receiving any securities as compensation [7] Group 4: Company Overview - Aventis Energy Inc. is focused on mineral exploration, particularly in battery, base, and precious metals, and is advancing its Corvo Uranium & Sting Copper Project [8] - The Sting Copper Project spans approximately 12,700 hectares and is located in a region known for significant mineral occurrences [9]
Trident Resources Completes $2.25 Million Flow-Through Financing
Globenewswire· 2025-06-20 12:30
Core Points - Trident Resources Corp. has successfully closed a non-brokered private placement financing, raising total gross proceeds of CAD $2,250,000 [1][2] - The financing involved the issuance of 3,000,000 units at a price of CAD $0.75 per unit, each unit consisting of one flow-through common share and one-half of a transferable warrant [2] - The proceeds will be utilized for exploration and drilling programs at the company's Saskatchewan Gold Projects [3] Financial Details - The company has paid finder's fees of CAD $90,000 to an arm's-length party in relation to the private placement [2] - Trident currently has over CAD $10 million in its treasury, which includes cash and cash-equivalent assets [4] Project Focus - The company plans to focus on exploration work, including drilling at Contact Lake to confirm high-grade potential resources and test the extension of the trend [4] - The exploration efforts are set to generate extensive news flow from assay results expected in the second half of 2025 [4] Regulatory and Tax Considerations - The private placement is subject to final approval from the TSX Venture Exchange, and all securities issued will be subject to a four-month-and-one-day hold period [3] - The gross proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses, which will be renounced in favor of the subscribers effective December 31, 2025 [4] Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the Contact Lake and Greywacke Lake projects [6]
Morocco Strategic Minerals Launches Maiden Drill Program on Timarighine Property
Globenewswire· 2025-06-20 12:00
MONTRÉAL, June 20, 2025 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation. (TSXV: MCC) ("Morocco Strategic Minerals" or the "Corporation") is pleased to announce the commencement of its maiden drilling program on the Timarighine property, located in the eastern Anti-Atlas region of Morocco. This follows a successful initial exploration phase which confirmed the presence of high-grade copper mineralization and a robust structural framework with potential for scale. Phase 1 Highlights The initial pha ...
Inspiration Energy Commences Atomic Mineral Resonance Tomography (AMRT) Survey Over High Priority Drill Targets in Saskatchewan
Newsfile· 2025-06-20 07:01
Core Points - Inspiration Energy Corp. has initiated an Atomic Mineral Resonance Tomography (AMRT) remote sensing survey at its Rottenstone North Gold Project in Saskatchewan, which spans approximately 4,512 hectares [1][5] - The AMRT system is a non-invasive imaging technology aimed at enhancing mineral exploration precision and minimizing surface disturbance [2][5] - The company is focused on refining drill targets in preparation for its first drilling program, leveraging the success of adjacent Ramp Metals Inc. [3][5] Company Overview - Inspiration Energy Corp. is a Canadian mineral exploration company dedicated to acquiring and developing high-potential resource assets [5] - The Rottenstone North Gold Project is located about 115 kilometers north of La Ronge, Saskatchewan, in a geologically active area with growing exploration interest [5] - The company employs a combination of conventional and proprietary technologies, including AMRT, to effectively define drill targets and facilitate future discoveries [5]
Quantum Announces Non-Brokered Private Placement
Thenewswire· 2025-06-19 13:00
Core Viewpoint - Quantum Critical Metals Corp. plans to raise between $2,000,000 to $3,000,000 through a non-brokered private placement financing by selling 20,000,000 to 30,000,000 units at a price of $0.10 per unit, with each unit consisting of one common share and one warrant [1][2]. Group 1 - The net proceeds from the Offering will be used for continued exploration activities on the Company's properties in British Columbia and Quebec, as well as for general corporate purposes [2]. - The Offering is expected to close on or about June 30, 2025, and may be completed in one or more tranches, subject to TSX Venture Exchange approval and customary conditions for private placements [3]. - All securities issued will be subject to a statutory hold period of four months and one day from the date of issue [3]. Group 2 - The Company may pay a finder's fee to certain individuals who introduce purchasers to the Offering, in accordance with TSXV policies [4]. - Certain insiders are expected to participate in the Offering, which qualifies as a "related party transaction" under Multilateral Instrument 61-101, but is exempt from formal valuation and minority shareholder approval requirements [5]. Group 3 - Quantum Critical Metals Corp. is a Canadian mineral exploration company focused on advancing critical metals projects, with a portfolio that includes various projects in Quebec and British Columbia [8].
Leviathan Gold Announces Letter of Intent to Acquire 100% Interest in Kalahari Copper, and Uranium Exploration Portfolio, Botswana
Globenewswire· 2025-06-19 12:00
Leviathan Gold Partners with 1502656 B.C. LTD. for Strategic Investor Relations Campaign NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. VANCOUVER, British Columbia, June 19, 2025 (GLOBE NEWSWIRE) -- Leviathan Gold Ltd. (“Leviathan” or the “Company”) (LVX – TSXV, LVXFF – OTC, 0GP – FSE) is pleased to announce that it has entered into a non-binding letter of intent dated June ...
Greenridge Exploration Engages Airborne Electromagnetic Survey for the McKenzie Lake Uranium Project in Northern Saskatchewan
Globenewswire· 2025-06-19 12:00
VANCOUVER, British Columbia, June 19, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce it has contracted Axiom Exploration Group Ltd. of Saskatoon, Saskatchewan, Canada (“Axiom”) to perform a helicopter-borne time-domain electromagnetic (“HTDEM”) survey on the McKenzie Lake Uranium Project (“McKenzie Lake”, or the “Project”). McKenzie Lake consists of five (5) mineral claims comprising a total area of 6,916 hect ...
Mustang Energy Corp. Receives Exploration Permit for the Spur Project, Saskatchewan
Globenewswire· 2025-06-19 00:51
Core Insights - Mustang Energy Corp. has received exploration permits from the Saskatchewan Government for the Spur Project, enabling ground-based exploration activities [1][2] - The permits include various authorizations such as Crown Land Work Authorization and Aquatic Habitat Protection Permit, valid until April 30, 2028 [2] - The Spur Project covers 23,680 hectares and is located south of the Athabasca Basin, an area known for high-grade uranium deposits [4] Exploration Activities - The permits allow for activities including trail construction, line-cutting, ground geophysical surveys, and diamond drilling [2] - The company emphasizes ongoing engagement with local communities to address concerns and ensure sustainable project implementation [3] Geological Context - The Spur Project's geological setting includes Proterozoic basement rocks and uraniferous pegmatites, indicating potential for uranium, thorium, and rare earth element exploration [4] - Adjacent properties have reported high-grade surface grab samples, with notable results such as 8.0% U₃O₈ and 1.93% U [4] Company Overview - Mustang Energy Corp. focuses on acquiring and developing uranium and critical mineral assets, holding a total of 92,211 hectares around the Athabasca Basin [7][9] - The company has multiple projects, including the Ford Lake project and the Yellowstone Project, expanding its footprint in the region [7][9]
GoldHaven arranges Non-Brokered Flow Through Private Placement
Globenewswire· 2025-06-18 15:48
Core Viewpoint - GoldHaven Resources Corp. is conducting a non-brokered private placement of up to 3,846,154 flow-through shares at a price of $0.13 per share, aiming for gross proceeds of up to $500,000 to fund exploration expenses on its British Columbian properties [1][3]. Group 1: Offering Details - The private placement will consist of flow-through shares, which are defined under the Income Tax Act (Canada) [1]. - All securities issued will be subject to a statutory hold period of four months and one day [2]. - The company may pay finder's fees in accordance with applicable securities laws and Canadian Securities Exchange policies [2]. Group 2: Use of Proceeds - Gross proceeds from the offering will be allocated for Canadian exploration expenses classified as flow-through critical mineral mining expenditures [3]. - The funds will specifically support projects in British Columbia, including the Magno and Three Guardsman projects [3]. Group 3: Company Overview - GoldHaven Resources Corp. is focused on acquiring and exploring land packages in North and South America [4]. - Key projects include the Magno Project, the Three Guardsman Project, the Copeçal Gold Project in Brazil, and three critical mineral projects in Brazil totaling 123,900 hectares [4].
Extensive Greenland Lithium Exploration Campaign Launched by Brunswick Exploration
Globenewswire· 2025-06-18 11:00
MONTREAL, June 18, 2025 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; “BRW” or the “Company”) is pleased to announce it has launched an aggressive regional-scale prospecting and mapping initiative on its sizeable Greenland portfolio that contains hundreds of untested targets using 4 crews and 2 helicopters for six weeks. Initially, one team will focus on detailed mapping and sampling around the Ivisaartoq spodumene discovery and surrounding areas while the other wi ...