Core Points - Cornish Metals Inc. will host its 2025 Annual General and Special Meeting (AGSM) on June 30, 2025, in a virtual-only format [1] - Shareholders registered by May 13, 2025, are entitled to vote at the AGSM and should refer to the voting instructions in the Management Proxy Circular [2] - Following the AGSM, the company will hold an online webinar to provide additional updates on its activities [3] Company Overview - Cornish Metals is a dual-listed mineral exploration and development company focused on the South Crofty tin project in Cornwall, UK [4] - The South Crofty project is a historical, high-grade underground tin mine with existing infrastructure and is permitted for underground mining until 2071 [5] - The project has a Preliminary Economic Assessment from 2024 that validates its potential and would make Cornish Metals the only primary tin producer in Europe or North America [5] - Tin is classified as a Critical Mineral by the UK, US, and Canadian governments, essential for electronic devices and electrical infrastructure [5] - The project is expected to generate up to 320 direct jobs and has strong support from local communities and governments [5]

Core Points - Bunker Hill Mining Corp. has secured total funding of US$10.3 million, which includes US$6.5 million from a brokered private placement and US$3.8 million from debt settlement and equity payments [1][2][9] - The capital restructuring is supported by an equity investment from Teck Resources Limited, involving the conversion of certain outstanding debt into equity and modifications to existing financing arrangements with Sprott Streaming [1][5][20] - The company aims to use the proceeds from the offerings to advance the construction and ramp-up of the Bunker Hill Zinc-Silver-Lead Mine, targeting 85% project completion by Q4 2025 [7][9][33] Equity Financing Developments - The brokered private placement will issue up to 62,086,187 units at a price of US$0.105 (C$0.15) per unit, potentially raising approximately US$6.5 million [4][5] - Teck has committed to contribute US$2.00 for every US$1.00 raised in the brokered offering, with a lead order of up to 209,523,809 units [5][6] - Each unit will consist of one common share and one-half of a warrant, with each whole warrant exercisable for one additional common share at a price of C$0.25 for three years [6][19] Debt Restructuring Developments - The company plans to issue up to 263,690,476 common shares to Sprott Streaming as part of the debt restructuring transactions [20][27] - The restructuring includes a 40% reduction in total debt, a 58% reduction in gross revenue royalty costs, and a 22% improvement in the debt-to-total capitalization ratio [7][20] - The company intends to settle approximately US$3,072,254 and C$195,000 in outstanding receivables through equity securities at the offering price [15][16] Project Development and Future Plans - The company aims to achieve sustainable free cash flow by H1 2026, with plans to raise an additional US$30 million in equity by the end of Q4 2025 [7][9] - The processing plant is expected to be 100% complete and start commissioning, with underground development also reaching 100% completion [7][9] - The company is focused on maximizing shareholder value while responsibly developing its mining assets in the Silver Valley [33]

Core Viewpoint - Cornish Metals Inc. has reported strong financial results and strategic advancements for the South Crofty tin project, highlighting a successful fundraising effort and key operational milestones expected in the coming year [3][5][7]. Financial Highlights - For the three months ended March 31, 2025, total operating expenses increased to CAD 3,189,723 from CAD 2,759,198 in the same period of 2024 [6][19]. - The loss for the period was CAD 3,043,606, compared to a loss of CAD 2,561,669 in the previous year [6][20]. - Net cash used in operating activities was CAD 2,190,616, up from CAD 1,148,564 in the prior year [6][21]. - The company raised CAD 91,566,076 from the recent fundraising, significantly increasing cash reserves to CAD 88,954,141 at the end of the period [6][22]. Strategic Developments - The company completed a £57.4 million fundraising, supported by the National Wealth Fund and Vision Blue, which will fund ongoing development and de-risking of the South Crofty project [3][5]. - Senior management appointments were made to strengthen project and operations teams, with Dave Howe as General Manager and Guillermo Alcaraz as Project Director [5]. - The company purchased 4.5 acres of land adjacent to existing operations to facilitate access and infrastructure development for the mine [5]. Project Progress - Mine dewatering and refurbishment of the New Cook's Kitchen Shaft are ongoing, with dewatering currently advancing at over 15,000 meters per day, expected to increase to approximately 25,000 meters per day post-maintenance [5][7]. - The company aims to complete dewatering, advance detailed engineering studies, and commence early project works, including the construction of a processing plant [7][8]. Economic Assessment - The 2024 Preliminary Economic Assessment for South Crofty indicates a potential after-tax NPV of USD 201 million and an IRR of 29.8%, with an average annual tin production of 4,700 tonnes in the initial years [7][8]. - The project is positioned to be the only primary tin producer in Europe or North America, with tin classified as a Critical Mineral [7][8].

Core Viewpoint - Nova Pacific Metals Corp. has appointed Zachary Kotowych to its Board of Directors, bringing nearly a decade of experience in the mining and capital markets sectors, which will aid in advancing the company's projects and exploring new opportunities [1][5]. Company Update - Zachary Kotowych currently serves as CEO and Director of Troubadour Resources Inc. and has held corporate development roles at various junior mining companies, including Abitibi Metals Corp. [2][3]. - His technical experience includes exploration work with Great Bear Resources, Carlisle Goldfields, and Solstice Gold, and he holds a Master of Science in Geophysics and an Honours Bachelor of Science in Mathematics and Geology from the University of Toronto [4]. - The company has amended the expiry date of 7,410,000 share purchase warrants from May 31, 2025, to May 31, 2026, with an exercise price of $0.40 per share [6][7]. Indigenous Engagement - Nova Pacific emphasizes early and meaningful engagement with First Nation communities to ensure that mineral exploration and development activities are well-coordinated and supported, aiming to establish mutually beneficial partnerships [8]. Project Focus - The company is focused on the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia, which has a significant historical resource rich in critical and precious metals [9]. - Nova Pacific's strategy includes verification and exploration drilling, completion of an updated mineral resource estimate, and additional technical studies following these milestones [9].

Core Viewpoint - Royal Road Minerals Limited has announced the appointment of Sarah Armstrong-Montoya to its Board of Directors, the establishment of a Special Advisory Board focused on safety, security, and sustainability, and the issuance of stock options to certain directors [2][4][5]. Group 1: Appointment and Board Changes - Sarah Armstrong-Montoya has been appointed to the Board of Directors, bringing extensive experience from her previous roles in various companies, including the Ivanhoe group [3][6]. - Current Directors Hugh Devlin and Guy Wallis will step down from the Board to join the newly established Special Advisory Board, which aims to enhance the company's operational rigor and sustainability initiatives [2][4]. Group 2: Company Initiatives and Commitments - Royal Road Minerals emphasizes its commitment to safety, security, and sustainability, which is integral to its long-term value and reputation as a responsible exploration and development company [4]. - The establishment of the Special Advisory Board is a strategic move to ensure independent oversight and experienced guidance in the company's operations and sustainability efforts [4][6]. Group 3: Stock Options Issuance - The company has granted a total of 1,250,000 stock options to purchase ordinary shares at a price of $0.15 per share, effective May 19, 2025, with a four-month hold period [5]. - The outstanding options, including those granted, represent approximately 6% of the issued and outstanding shares of the company [5].

Core Points - Premium Resources Ltd. intends to list its common shares on the Nasdaq Capital Market and has scheduled its 2025 Annual General and Special Meeting of Shareholders for June 3, 2025 [1][2][3] - The company will seek shareholder approval for a consolidation of its common shares at a ratio of up to 20:1 to meet Nasdaq's initial listing requirements, which mandate a minimum bid price of US$4 per share [2][3] - As of the record date for the AGSM, there are 428,986,474 common shares outstanding, which would reduce to approximately 21,449,323 shares if the 20:1 consolidation is approved [2] Company Overview - Premium Resources Ltd. is focused on the redevelopment of previously producing nickel, copper, and cobalt mines in Botswana [4] - The company emphasizes governance through transparency and accountability, with a team that has extensive experience in resource discovery and mine development [5]

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) ("Inventus" or the "Company") is pleased to announce that McEwen Mining ("MUX") has exercised 9,200,000 common share purchase warrants as part of the early warrant exercise incentive program for gross proceeds of $828,000. Proceeds from the warrant exercise will be used to advance the Company's 2025 bulk sampling program at its 100%-owned Pardo Gold Project, located 65 km northeast of Sudbury, Ontario. Highlights As part of the bulk ...

Core Points - Bunker Hill Mining Corp. has amended the vesting schedule for 3,891,096 restricted stock units (RSUs) from May 1, 2025, to June 1, 2025 [1][2] - The RSUs were granted under the amended RSU Plan on November 2, 2022, July 4, 2023, and March 13, 2024 [1] - The amendments to the RSUs are subject to approval from the TSX Venture Exchange [3] Financial Disclosure - The company clarified that the RSUs granted on November 17, 2022, were actually granted on November 2, 2022, with the first two increments vesting on March 31, 2023, and 2024, respectively [2] - The final increment of the November 2022 RSUs will now vest on June 1, 2025 [2] Company Overview - Bunker Hill Mining Corp. is focused on revitalizing its historic mining asset in the Coeur d'Alene mining district, which contains significant zinc, lead, and silver deposits [4] - The company aims to maximize shareholder value while responsibly harnessing mineral wealth through modern exploration techniques and sustainable practices [4]

Company Overview - Vizsla Silver Corp. is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on its flagship 100%-owned Panuco silver-gold project in Sinaloa, Mexico [3] - The company aims to become the world's leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district scale exploration through low-cost means [3] Financial Highlights - A Preliminary Economic Study for Panuco completed in July 2024 indicates an annual production of 15.2 million ounces of silver equivalent (AgEq) over an initial mine life of 10.6 years [3] - The study highlights an after-tax Net Present Value (NPV) at 5% of US$1.1 billion, an Internal Rate of Return (IRR) of 86%, and a payback period of 9 months at silver prices of US$26 per ounce and gold prices of US$1,975 per ounce [3] Stock Options and Incentives - The company has granted 4,050,000 stock options at an exercise price of $2.90, along with 1,450,000 restricted share units (RSUs) and 850,000 deferred share units (DSUs) to directors, officers, employees, and consultants [1] - The stock options are exercisable for five years and will vest over the next two years, while the RSUs will vest in three equal annual installments starting from the first anniversary of the grant date [1] - The DSUs vest immediately and will be exchanged for one common share of the company when the Optionee ceases to hold their position as an independent director [1][2]

Core Viewpoint - Cornish Metals Inc. is advancing its South Crofty tin project in Cornwall, UK, with key leadership appointments as it transitions to construction and development [1][2]. Group 1: Leadership Appointments - David Howe has been appointed as General Manager for South Crofty, bringing 35 years of mining experience, including 24 years in executive roles, with a strong focus on safety and operational improvement [3]. - Guillermo Alcazar has been appointed as Project Director for South Crofty, with over 20 years of experience in managing complex mining and infrastructure projects, and is expected to relocate from Canada to Cornwall [4]. Group 2: Project Development - The project is moving into the construction and development phase, with the new leadership expected to play a crucial role in achieving full production and establishing Cornish Metals as a key supplier of tin in Europe [5].