Mineral Exploration
Search documents
Matthew Schwab Joins Kirkstone Metals' Advisory Board
Thenewswire· 2026-02-09 07:00
Core Viewpoint - Kirkstone Metals Corp. has appointed Matthew Schwab as an Advisor to the Board, leveraging his extensive experience in uranium exploration to enhance the company's growth strategy [1][2][3]. Company Overview - Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium assets that support the transition to clean energy. Its flagship project is the Key Lake Road Uranium Project located in Saskatchewan's Athabasca Basin, a leading uranium district globally [5]. Key Appointments - Matthew Schwab, a respected exploration geologist with a decade of experience, has joined the Advisory Board. His previous roles include CEO of Kraken Energy Corp. and Senior Exploration Geologist at NexGen Energy Ltd., where he was pivotal in discovering the Arrow uranium deposit [2][3]. Strategic Growth - CEO Clive Massey expressed enthusiasm about Schwab's appointment, highlighting that his expertise in strategic growth and industry relationships will be crucial for accelerating exploration and development, ultimately delivering long-term value to shareholders [3]. Stock Options - The company has granted 1.6 million stock options to directors, officers, advisors, and consultants, exercisable at $0.79 per common share for a term of five years [3].
Abitibi Metals Delivers 124% Resource Growth at B26, Defining a High-Grade Copper-Gold System of Meaningful Scale
Prnewswire· 2026-02-09 05:57
VANCOUVER, BC, Feb. 9, 2026 /PRNewswire/ -- Abitibi Metals Corp. (CSE:AMQ) (OTCQB:AMQFF) has taken a major step forward in establishing itself as a serious emerging copper-gold developer in Québec's Abitibi Greenstone Belt. The updated estimate shows a 124% increase in total mineral resources since Abitibi optioned the project in 2023, reflecting the results of successive drilling campaigns completed over the past two years. Continue Reading Abitibi Metals Delivers 12.83% CuEq at B26 as High-Grade Zone Cont ...
Nuclear Vision Closes Upsized Private Placement with Participation by Eric Sprott
TMX Newsfile· 2026-02-07 00:34
Core Viewpoint - Nuclear Vision Limited has successfully closed an upsized non-brokered private placement, raising a total of $6,000,000 by issuing 24,000,000 units at a price of $0.25 per unit, with strategic investor Eric Sprott acquiring a significant portion of the offering [1][2]. Financing Details - The offering consisted of 24,000,000 units, each comprising one common share and one-half of a common share purchase warrant, with a total gross proceeds of $6,000,000 [1][2]. - Eric Sprott, through 2176423 Ontario Ltd., purchased 8,000,000 units for $2,000,000, representing a strategic investment [1][2]. - The warrants allow the holder to purchase additional shares at a tiered exercise price over a 24-month period [2][13]. Ownership Structure - Following the offering, Eric Sprott beneficially owns 8,000,000 shares and 4,000,000 warrants, equating to approximately 12.8% ownership on a non-diluted basis and 18.0% on a fully diluted basis [3]. Use of Proceeds - The net proceeds from the offering will be allocated for general working capital, exploration programs on uranium projects in Botswana, and planning for manganese projects in Slovakia [6]. Additional Information - The company paid cash finders' fees of C$69,150 and issued 276,600 non-transferable finders' warrants in connection with the offering [7]. - All securities issued are subject to a statutory hold period of four months and one day [7]. - Nuclear Vision Ltd. focuses on energy transition and has a diversified portfolio of uranium and critical mineral assets in stable jurisdictions [9].
Powermax Announces Renewal of Service Agreement with Euro Digital
TMX Newsfile· 2026-02-07 00:08
Group 1 - Powermax Minerals Inc. has renewed its marketing services agreement with Euro Digital Media Ltd. for an additional two months starting around February 9, 2026, with the possibility of extension or shortening based on management's discretion [1][2] - Euro Digital will conduct various marketing activities including creating campaigns, managing ads, performing keyword research, and optimizing online marketing efforts to enhance the visibility of Powermax's business [2] - The total fee for the marketing services provided by Euro Digital is USD $250,000 (plus GST), and no securities will be issued as compensation [3] Group 2 - Powermax Minerals Inc. is focused on mineral exploration, particularly in rare earth elements, holding options for multiple properties including the Cameron REE Property (2,984 hectares), Atikokan REE Property (455 unpatented mining claims), and the Pinard REE Property (5,178 hectares) [4]
Green Bridge Metals Can Help Secure U.S. Production of Critical Mineral Titanium
Accessnewswire· 2026-02-07 00:00
Core Viewpoint - Green Bridge Metals Corporation is advancing exploration and metallurgical programs to assess the critical mineral potential of its properties in the South Contact District, linked to Minnesota's Duluth Complex [1] Group 1: Company Developments - The company is focusing on understanding the critical mineral resources within its properties, which include titanium, copper, nickel, cobalt, platinum group elements, vanadium, and iron [1]
Newterra Resources Completes Non-Brokered Private Placement
TMX Newsfile· 2026-02-06 23:30
Core Points - Newterra Resources Inc. has successfully closed a non-brokered private placement, issuing 2,000,000 units at a price of $0.05 per unit, resulting in gross proceeds of $100,000 [1] - A director of the Company participated in the Offering, purchasing 100,000 units for gross proceeds of $5,000, which is classified as a related party transaction [3] - All securities issued under the Offering are subject to a hold period expiring on June 7, 2026, in accordance with CSE policies [2] Company Overview - Newterra Resources Inc. is a mineral resource exploration company focused on precious metals, with its primary property being the Iron Horse Project, which consists of nine mineral title claims covering 2,439.5 hectares in British Columbia [5]
Mustang Energy Corp. Recaps Milestones and Strategic Progress in 2025
Globenewswire· 2026-02-06 22:35
Core Insights - Mustang Energy Corp. has made significant advancements in its exploration and financing activities throughout 2025, positioning itself as a key player in the uranium and critical minerals sector in Canada [1] Exploration Advancement and Field Programs - The company initiated its first diamond drilling campaign at the Surprise Creek Uranium-Copper Project, targeting high-priority geophysical and structural zones [2] - A field prospecting and reconnaissance program was completed at the Cluff Lake area properties to evaluate priority target areas and enhance geological understanding [3] - Ground-based exploration programs were conducted across the broader project portfolio, including geological mapping and geophysical surveys, refining drill targeting [4] - Key exploration permits were secured for the 914W Uranium Project, allowing for expanded exploration and drilling activities [5] Portfolio Expansion and Strategic Property Acquisitions - Mustang acquired the Surprise Creek Uranium-Copper Project and Cluff Lake area properties, enhancing its presence in the Athabasca Basin [6] - The company staked the Onyx Uranium Project and Bridal Veil Copper-Silver Project, broadening its exposure to prospective terrains [6] - Additional claims were staked at the 914W Uranium Project in collaboration with Skyharbour Resources Ltd., increasing the project's footprint [6][7] Strategic Financing and Capital Raised - Throughout 2025, Mustang raised approximately $3.58 million through non-brokered private placements to support exploration and corporate development [8] Investor Engagement and Market Presence - The company enhanced its market presence through proactive investor communications and participation in industry forums, increasing visibility of its exploration strategy [9] Outlook for 2026 - Mustang plans to advance its high-priority properties and exploration targets through expanded drilling programs and further geophysical surveys in 2026 [10] Consulting Agreements - The company entered into consulting agreements with three parties to provide corporate advisory services, issuing 4,000,000 restricted share units as consideration [11]
Supreme Critical Metals Announces Closing of First Tranche of Life Offering, Upsize to Offering and Filing of Amended and Restated Offering Document
TMX Newsfile· 2026-02-06 21:10
Core Viewpoint - Supreme Critical Metals Inc. has successfully closed the first tranche of its non-brokered private placement financing, raising $968,000 through the issuance of 9,680,000 units at a price of $0.10 per unit, with plans to increase the offering size due to strong investor demand [1][2][5]. Financing Details - The first tranche consisted of 9,680,000 units, each unit comprising one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional common share at $0.20 for 24 months [2]. - The company utilized the listed issuer financing exemption under National Instrument 45-106, resulting in the issuance of free trading common shares [3]. - Finder's fees amounted to $49,910, and 499,100 finder's warrants were issued, also allowing the purchase of additional common shares at $0.20 for 24 months [3]. Related Party Transactions - A total of 450,000 units were issued to certain insiders, qualifying as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [4]. Offering Expansion - In response to strong market demand, the company is increasing the LIFE Offering to a maximum of 14,000,000 units, aiming to raise up to $1,400,000, with the second tranche closing expected around February 15, 2026 [5]. Use of Proceeds - The net proceeds from the LIFE Offering will be allocated for exploration activities, general corporate purposes, and working capital [7]. Company Overview - Supreme Critical Metals Inc. is a publicly traded exploration company focused on advancing a portfolio of high-potential silver, copper, uranium, and gold properties across North America, employing a disciplined acquisition strategy in mining-friendly jurisdictions [9].
Vulcan Minerals Inc. - Drilling Program Update for the Carbonear Zinc-Lead SEDEX project in Newfoundland
Accessnewswire· 2026-02-06 14:30
Core Viewpoint - Vulcan Minerals Inc. has announced the completion of the first hole in its drilling program at the Carbonear Project in eastern Newfoundland, with the initial program planned for approximately 1,200 meters across six holes, but it has been suspended until Spring due to weather-related access issues [1] Company Summary - Vulcan Minerals Inc. is engaged in a drilling program at the Carbonear Project, which is located in eastern Newfoundland [1] - The initial drilling program was designed to cover around 1,200 meters and consists of six holes [1] - The program has been temporarily suspended due to weather-related access issues, with plans to resume in Spring [1]
Kingfisher Metals Increases Previously Announced Bought Deal Financing to C$25 Million
Globenewswire· 2026-02-06 14:22
Core Viewpoint - Kingfisher Metals Corp. has announced an increase in the size of its bought deal offering to approximately C$25 million due to strong demand for its shares [1][2]. Group 1: Offering Details - The offering includes 5,300,000 non-critical charity flow-through common shares at C$0.94 each, 14,500,000 critical charity flow-through common shares at C$1.04 each, and 7,600,000 hard dollar common shares at C$0.65 each [1]. - The total gross proceeds from the offering are expected to be around C$25 million, with an option for underwriters to purchase an additional C$5 million [1][2]. Group 2: Use of Proceeds - Proceeds from the non-critical and critical charity flow-through shares will be used for qualifying expenditures, specifically Canadian exploration expenses and flow-through critical mineral mining expenditures [3][4]. - The net proceeds from the hard dollar shares will be allocated for exploration of the company's properties and general corporate purposes [3]. Group 3: Company Overview - Kingfisher Metals Corp. is focused on copper-gold exploration in British Columbia's Golden Triangle and has consolidated a significant land position in the region [7]. - The company owns two district-scale orogenic gold projects totaling 641 km and has 91,872,852 shares outstanding [7].