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First American Uranium Announces Closing of Final Tranche of Oversubscribed Non-Brokered Private Placement of Shares
Globenewswire· 2025-10-01 22:00
- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES - Vancouver, British Columbia, Oct. 01, 2025 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) (OTCPK: FAUMF) (the “Company”) is pleased to announce, further to its news releases of August 14, August 29 and September 19, 2025, that the Company has closed the third and final tranche of the previously announced non-brokered private placement (the “Offering”) of common shares in the capital of the Company (the “S ...
First American Uranium Announces Closing of Final Tranche of Oversubscribed Non-Brokered Private Placement of Shares
Globenewswire· 2025-10-01 22:00
Core Points - First American Uranium Inc. has successfully closed the third tranche of its non-brokered private placement, issuing 4,761,792 shares at $0.30 per share, resulting in gross proceeds of $1,428,537.60, bringing the total raised under the offering to $2,403,537.70, exceeding the initial target [1][2] Group 1 - The third tranche involved the payment of finder's fees totaling $69,925.63 in cash and 233,085 common share purchase warrants, each exercisable at $0.30 for 24 months [2] - All securities from the first tranche are subject to a statutory hold period of four months plus a day, ending on February 2, 2026, in compliance with Canadian securities legislation [3] - The net proceeds from the offering will be allocated for exploration work programs, mineral property acquisitions, marketing, and general working capital [3] Group 2 - First American Uranium Inc. focuses on mineral exploration and acquisition of mineral property assets in North America, aiming to develop economic precious and base metal properties, particularly on the Silver Lake property located in British Columbia [5]
Churchill Resources Announces Completion of $3,000,000 Private Placement
Globenewswire· 2025-10-01 21:08
Core Viewpoint - Churchill Resources Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $3,000,000 through the sale of 37,500,000 common shares at a price of $0.08 per share [1][2]. Group 1: Private Placement Details - The proceeds from the private placement will be utilized to advance strategic assets in Newfoundland & Labrador, particularly the Black Raven Antimony-Gold Project and for general corporate purposes [2]. - The company paid a cash fee of $210,000 to eligible finders, which is 7% of the gross proceeds, and issued 2,625,000 non-transferrable finders warrants to these finders [3]. - Each finders warrant allows the holder to acquire one share at a price of $0.08 for a period of 24 months following the completion of the private placement [3]. Group 2: Regulatory and Corporate Actions - The securities issued in the private placement are subject to a statutory hold period of four months and one day from the date of issuance and are pending final approval from the TSX Venture Exchange [4]. - The board of directors has approved the grant of 8.2 million stock options to certain directors, officers, and consultants, exercisable at a price of $0.14 with a five-year term [4]. Group 3: Company Overview - Churchill Resources Inc. is focused on strategic, critical minerals in Canada, with key properties including Black Raven, Taylor Brook, and Florence Lake in Newfoundland and Labrador [5]. - The Black Raven property, which hosts the historic Frost Cove Antimony Mine, presents a unique exploration opportunity due to its polymetallic metal assemblage and historical production [5]. - The management team has extensive experience in mineral exploration and the establishment of successful publicly listed mining companies [5].
Badlands Announces $2,000,000 Non-Brokered Private Placement
Newsfile· 2025-10-01 21:05
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Badlands Resources Inc. (TSXV: BLDS) (FSE: B7Q) ("Badlands" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement of up to 13,333,334 units (the "Units") at an issue price of $0.15 per Unit for total gross proceeds of up to $2,000,000 (the "Placement"). Each Unit will consist of one common share of the Company (a "Share") and one transferable share purchase warrant (a "Warrant"), with each Warr ...
Mustang Energy and Skyharbour Resources Stake an Additional Claim on its 914W Uranium Project
Globenewswire· 2025-10-01 20:34
VANCOUVER, British Columbia, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) announces that, in connection with Skyharbour Resources Ltd. (TSX-V: SYH), it has staked an additional claim on its 914W Uranium Project. The new claim (MC00022913) totals 1182.25 ha and is located immediately to the east of the original 914W claim. It has seen only minimal modern exploration, being partially covered by the same 2005 VTEM (southern half) and 2007 Te ...
Critical One Energy Confirms Target Depth Extension at Howells Lake Antimony-Gold Deposit
Globenewswire· 2025-10-01 20:21
TORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0), a leading Canadian mining exploration company focused on critical metals and minerals, is pleased to announce that advanced geophysical and geological modelling has confirmed significant expansion potential of the antimony-gold deposit at its Howells Lake Antimony-Gold Project (“Howells Lake Project”). The results underscore the potentia ...
Dolly Varden Silver Announces $30 Million Bought-Deal Financing
Newsfile· 2025-10-01 20:00
Core Viewpoint - Dolly Varden Silver Corporation has entered into an agreement with underwriters for a total gross proceeds of $30,034,000 through a combination of securities offerings [1][2]. Group 1: Offering Details - The LIFE Offering will consist of Common Shares and CFT Shares, generating gross proceeds of $15,084,000, contributing to the total gross proceeds of $30,034,000 [2]. - The underwriters have an option to increase the size of the offerings by up to 15% to cover overallotments, exercisable up to 2 business days before closing [2]. - The offerings are expected to close around October 23, 2025, pending necessary regulatory approvals from the TSX Venture Exchange and NYSE American [4]. Group 2: Use of Proceeds - Net proceeds from the sale of Common Shares will be allocated for working capital and general corporate purposes [3]. - Gross proceeds from CFT Shares and FT Shares will be directed towards exploration, mineral resource expansion, and drilling at the Kitsault Valley project, along with working capital as permitted [3]. Group 3: Share Details - The offerings include 2,300,000 Common Shares at $6.50 each, 750,000 CFT Shares at $9.42 each, and 990,000 FT Shares at $8.10 each [8]. - FT Shares will be offered to accredited investors with a statutory hold period of four months and one day from closing [6]. Group 4: Existing Agreements - Hecla Canada Ltd. and Fury Gold Mines Ltd. have the right to acquire Common Shares at $6.50 each to maintain their pro rata equity interests in the Company [7].
Voyageur Mineral Explorers Corp. and Evolve Strategic Element Royalties Ltd. Announce Completion of Upsized $37.5 Million Brokered Offering
Globenewswire· 2025-10-01 15:06
Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States. TORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Voyageur Mineral Explorers Corp. (CSE: VOY) (“Voyageur” or the “Company”) and Evolve Strategic Element Royalties Ltd. (“Evolve”) are pleased to announce that, further to their press release on September 16, 2025, Evolve has completed a brokered “best efforts” private placement ...
Hi-View Resources Acquires 100% Interest In Harmon Peak Project In British Columbia's Toodoggone District
Thenewswire· 2025-10-01 12:30
Core Viewpoint - Hi-View Resources Inc. has acquired 100% ownership of the Harmon Peak Project, a 451.5-hectare property located in British Columbia's Toodoggone District, known for its potential in gold, silver, and copper mineralization [1][3]. Company Overview - Hi-View Resources Inc. is a Canadian mineral exploration company focused on advancing a portfolio of gold, silver, and copper assets in the Toodoggone region, covering over 26,400 hectares [11]. - The company's flagship project, Golden Stranger, is fully permitted with 45 drill-ready sites and has historical highlights of 10 meters grading 11.55 g/t gold and samples up to 111.5 g/t gold and 2,740 g/t silver [11]. Project Details - The Harmon Peak Project is strategically located near significant deposits and projects, including the Lawyers deposit and the Thesis Ranch project, enhancing its exploration potential [1][3]. - The geological setting of Harmon Peak is favorable for porphyry systems, underlain by lower Hazelton volcanics and associated with the Black Lake Intrusive Suite, which is regionally linked to porphyry mineralization [2]. Historical Exploration - Historical work at Harmon Peak has identified strong copper, gold, and silver anomalies, with notable geochemical results including 355 ppm Cu and silver stream sediment anomalies of 1,409 ppb and 932 ppb [8]. - Previous exploration efforts have documented significant mineralization, including samples with 1.79% Cu, 42.2 ppm Ag, and 2.4 ppm Au, indicating a robust mineralized system [9][13]. Agreement Terms - Under the acquisition agreement, the vendors will retain a 2% NSR royalty on the property, with Hi-View having the option to repurchase 1% for a one-time payment of $1,000,000 [9].
Integral Metals Corp. Provides Comprehensive Analysis of Soil Geochemical Survey at the KAP Project
Globenewswire· 2025-10-01 12:00
Over 2,000 soils analyzed; 818 B-horizon samples returned multiple anomalies with scores up to 11CALGARY, Alberta, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Integral Metals Corp. (CSE: INTG | OTC: ITGLF | FSE: ZK9) (the “Company” or “Integral”) is pleased to report the completion and compilation of its 2025 soil geochemistry survey at the KAP Project, located in the Mackenzie Mountains, Northwest Territories. The program was designed to systematically evaluate near-surface geochemical responses in the vicinity of t ...