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Precore Gold Closes First Tranche of Private Placement
Globenewswire· 2025-09-18 20:01
Core Points - Precore Gold Corp. has completed the first tranche of a non-brokered private placement, raising gross proceeds of C$1,000,029.60 by selling 5,555,720 units at C$0.18 per unit [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at C$0.25 for 36 months [1] - The company plans to use the net proceeds for exploration work and working capital [2] - The first tranche included cash finder's fees of C$36,399.99 and is subject to a four-month hold period expiring on January 19, 2026 [2] - The second tranche of the private placement is expected to be completed by October 3, 2025, potentially raising a total of approximately C$2,000,000 [3] - Certain directors and officers subscribed for 213,500 units, which is considered a related party transaction but is exempt from formal valuation and minority shareholder approval requirements [4] - Precore Gold is focused on building a portfolio of exploration projects with strong gold discovery potential in politically stable, mining-friendly jurisdictions [5]
Forge Resources Announces Phase 2 Diamond Drill Program at Alotta Project, Yukon
Newsfile· 2025-09-16 19:15
Forge Resources Announces Phase 2 Diamond Drill Program at Alotta Project, YukonSeptember 16, 2025 3:15 PM EDT | Source: Forge Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - September 16, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company) is pleased to announce the planned mobilization of crews for its Phase 2 diamond drill program, comprised of 2,100 metres across 7 holes averaging 300 metres in depth. Mobilization is scheduled for Septem ...
OTC Markets Group Welcomes First Nordic Metals Corp. to OTCQX
Globenewswire· 2025-09-12 11:00
Company Overview - First Nordic Metals Corp. is a Canadian-based gold exploration company focused on consolidating assets in Sweden and Finland, aiming to create Europe's next gold camp [4] - The company's flagship asset is the Barsele gold project in northern Sweden, which is a joint venture with Agnico Eagle Mines Limited [4] - First Nordic also owns additional project areas (Paubäcken, Storjuktan) surrounding the Barsele project, totaling approximately 80 km of strike coverage of the Gold Line greenstone belt [4] - In northern Finland, First Nordic holds a district-scale position covering the Oijärvi greenstone belt, including the Kylmäkangas deposit, the largest known gold occurrence on this belt [4] Market Transition - First Nordic Metals Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market [1][3] - Trading under the symbol "FNMCF," the transition to OTCQX is expected to expand the company's U.S. investor base [2][4] - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] Strategic Importance - CEO Taj Singh emphasized that graduating to the OTCQX market is pivotal for expanding drilling efforts in northern Sweden and increasing visibility among U.S. investors [4] - The move is aimed at building a strong long-term shareholder base and delivering a steady cadence of catalysts to a broader audience [4]
OTC Markets Group Welcomes First Nordic Metals Corp. to OTCQX
Globenewswire· 2025-09-12 11:00
Company Overview - First Nordic Metals Corp. is a Canadian-based gold exploration company focused on consolidating assets in Sweden and Finland, aiming to create Europe's next gold camp [4] - The company's flagship asset is the Barsele gold project in northern Sweden, which is a joint venture with Agnico Eagle Mines Limited [4] - First Nordic also owns additional project areas (Paubäcken, Storjuktan) surrounding the Barsele project, totaling approximately 80 km of strike coverage of the Gold Line greenstone belt [4] - In northern Finland, the company holds a district-scale position covering the Oijärvi greenstone belt, including the Kylmäkangas deposit, the largest known gold occurrence on this belt [4] Market Transition - First Nordic Metals Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market [1][3] - Trading under the symbol "FNMCF," the transition to OTCQX is expected to expand the company's U.S. investor base [2][4] - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] Strategic Importance - CEO Taj Singh emphasized that graduating to the OTCQX market is pivotal for expanding drilling efforts in northern Sweden and increasing visibility among U.S. investors [4] - The move is aimed at building a strong long-term shareholder base and delivering a steady cadence of catalysts to a broader audience [4]
Roscan Gold Announces Extension to Promissory Notes
Newsfile· 2025-09-11 14:23
Core Points - Roscan Gold Corporation intends to extend the maturity date of its outstanding secured subordinate promissory notes totaling $1,300,000 from September 11, 2025, to September 11, 2026 [1] - The proposed amendment is classified as a related party transaction, with insiders holding $700,000 of the principal amount of the notes [2] - The company is relying on exemptions from certain requirements of Multilateral Instrument 61-101 due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [2] - The proposed amendment is subject to customary closing conditions and approvals from applicable securities regulatory authorities, including the TSX Venture Exchange [3] Company Overview - Roscan Gold Corporation is a Canadian gold exploration company focused on acquiring and exploring gold properties in West Africa [4] - The company has a significant land position with 100%-owned permits in an area with existing gold mines, including proximity to B2 Gold's Fekola Mine [4]
BULGOLD Announces Filing of Second Quarter Financial Results for the Three and Six Months Ended June 30, 2025
Globenewswire· 2025-08-22 11:30
Financial Performance - For the second quarter ended June 30, 2025, BULGOLD Inc. reported a net comprehensive loss of $114,537, equating to $0.00 per share [1] - For the six months ending June 30, 2025, the company incurred a net comprehensive loss of $152,428, or $0.01 per share [1] - As of June 30, 2025, BULGOLD had cash and cash equivalents amounting to $255,401 [1] Company Overview - BULGOLD Inc. is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe [2] - The company controls 100% of three quartz-adularia epithermal gold projects located in Bulgaria and Slovakia: the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project [2] - Management believes that the company's assets have potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization [2] Shareholder Information - As of June 30, 2025, BULGOLD had 27,597,928 issued and outstanding shares, with approximately 40.3% held by Founders, Directors, and Management [3]
Precore Gold Announces up to C$2 Million Private Placement
Globenewswire· 2025-08-21 09:00
Core Viewpoint - Precore Gold Corp. is initiating a non-brokered private placement to raise up to $2,000,000 for exploration and working capital purposes, with a focus on the Arikepay Project in Peru and other properties in Canada [1][3][4] Group 1: Private Placement Details - The private placement will consist of the sale of up to 11,111,111 units at a price of $0.18 per unit, each unit comprising one common share and one-half of a share purchase warrant [1] - Each warrant will allow the holder to purchase one additional common share at an exercise price of $0.25 for a period of 36 months [1] - The proceeds will be used for exploration work and working capital, with a four-month hold period on the issued securities [1] Group 2: Exploration Plans - The funds from the private placement will support an exploration program at the Arikepay Project in Peru, aiming to reaffirm historical drilling results and explore additional targets [3] - The company also plans to compile data on the Lac Big Rush property in Quebec and the Kimber property in British Columbia to outline future exploration programs [3] Group 3: Company Overview - Precore Gold Corp. is a Canadian junior gold exploration company focused on building a portfolio of exploration projects with strong gold discovery potential [4] - The company aims to capitalize on opportunities in politically stable, mining-friendly jurisdictions with promising properties and historical drilling results [4] - Precore Gold is committed to environmental, social, and corporate governance (ESG) standards in its operations [4]
Rackla Metals is Pleased to Provide an Update on Drilling at Grad and Other Developments on Property Holdings in the NWT
Thenewswire· 2025-08-19 11:00
Core Viewpoint - Rackla Metals Inc. is making significant progress in its 2025 exploration program in western Northwest Territories, increasing its drill plan by 25% to 5,000 meters due to positive findings in drill core and surface work [1]. Group 1: Exploration Progress - As of August 18th, over 3,100 meters have been drilled with 7 holes completed, covering an area of 500 x 300 x 550 meters [2]. - All drilled holes have intersected a consistent set of sheeted quartz/sulphide+tourmaline veins, with a notable zone of intense quartz and quartz-tourmaline veining and elevated bismuth content observed in holes G25-004 and G25-005 [3][6]. - The mineralized zone shows good continuity and appears robust, with increasing strength and width as the intercepts get deeper [3]. Group 2: Current Drilling and Results - The current drill hole G25-008 is targeting the same mineralized zone as previous holes, with a target depth of 500 meters [6]. - Samples from holes G25-001 through G25-007 have been submitted to the lab, with results from the first three holes expected within the coming week [8]. - A steady flow of results is anticipated following the initial findings [8]. Group 3: Geological Insights - Recent mapping indicates a metal zonation, with the ridge top being arsenic-rich and the lower ridges being bismuth-rich, suggesting minimal erosion in the area [10]. - The exploration is based on the Reduced Intrusion-Related Gold System model, indicating potential for significant mineral discoveries [10]. Group 4: Community Engagement - The company is working in consultation with the Sahtu Dene and Métis communities, emphasizing the importance of maintaining collaborative relationships as exploration advances [14]. Group 5: Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, targeting Reduced Intrusion-Related Gold Systems in underexplored regions of eastern Yukon and western Northwest Territories [16].
Thunder Gold Corp Engages Alliance Advisors IR for Investor Relations Services
Newsfile· 2025-08-14 20:30
Core Viewpoint - Thunder Gold Corp has engaged Alliance Advisors for investor relations services to enhance communication with investors and promote the potential of its Tower Mountain gold property [2][4]. Group 1: Company Overview - Thunder Gold Corp, previously known as White Metal Resources, is a junior exploration company focused on the Tower Mountain gold property located 45 kilometers west of Thunder Bay, Ontario [4]. - The company aims to strengthen investor relationships and showcase its project portfolio through strategic communication [2]. Group 2: Partnership Details - The agreement with Alliance Advisors is for an initial period of three months, with a total fee of CAD 22,500 for investor relations and communications services [2]. - Services provided by Alliance include managing public relations, social media, and stakeholder relations, with the agreement set to end on November 15, 2025 [2]. Group 3: Alliance Advisors Overview - Alliance Advisors is a firm that implements strategic investor relations programs tailored to client needs across various sectors, helping clients navigate complex markets and enhance shareholder engagement [5]. - The firm operates in both the U.S. and Canada and is recognized for its expertise in shareholder engagement and governance advisory [5].
Mines d'Or Orbec Appoints Jean-David Moore to Advisory Role
Newsfile· 2025-08-11 11:00
Company Overview - Mines D'Or Orbec Inc. is a gold exploration company that controls 100% of a significant land position near the Chapais-Chibougamau gold district in Quebec, covering approximately 51,000 hectares [5] - The project is strategically located near major regional trends associated with IAMGOLD's Nelligan, Northern Superior Resources Lac Surprise, and Monster Lake, providing excellent access [5] Appointment of Advisory Role - Mr. Jean-David Moore has been appointed to an advisory role within the company, bringing over 20 years of experience in mineral exploration and development [1][2] - He holds equity positions in more than 50 junior mining companies across Quebec and Canada, including over 7,000,000 shares of Orbec [2] Mr. Moore's Background - Mr. Moore serves as a director for several companies, including Bullion Gold Resources Corp. and Dios Exploration Inc., and has a strong background in forestry engineering with over 80 published scientific papers [3][4] - His extensive industry knowledge and investment insight are expected to benefit Orbec significantly [4]