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Copper Road Announces Upsize to Financing
Globenewswire· 2025-12-17 12:00
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Copper Road Resources Inc. (TSX-V: CRD) ("Copper Road" or the "Company") announces today that it is amending certain terms of its non-brokered private placement previously announced on December 12, 2025. The amended Offering will consist of the sale of up to: (i) 8,500,000 common share units in the capital of the Company (each, a “Unit”) at a price of $0.035 per Unit ...
Tactical Resources Announces Shareholder Approval of Arrangement With Plum Acquisition Corp. III
Accessnewswire· 2025-12-16 22:20
VANCOUVER, BC / ACCESS Newswire / December 16, 2025 / Tactical Resources Corp. (TSXV:RARE)(OTC PINK:USRED) ("Tactical" or the "Company"), a mineral exploration and development company, is pleased to announce that, at the annual general and special meeting (the "Meeting") of holders of common shares ("Shareholders") held today, Shareholders overwhelmingly voted in favour of the special resolution (the "Arrangement Resolution") to approve the previously announced plan of arrangement (the "Arrangement") entere ...
Sirios Announces Results from the Annual Meeting of Shareholders
TMX Newsfile· 2025-12-15 23:22
Core Points - Sirios Resources Inc. announced that all resolutions presented at the annual meeting on December 11, 2025, were approved by shareholders, including the appointment of directors and auditors, and the renewal of the stock option plan [1][2] - The Board of Directors re-elected Ms. Colinda Parent, Mr. Luc Cloutier, Dominique Doucet, Guy Le Bel, and Robert Ménard, with approval ratings between 97.7% and 98.4%, and over 15.7% of shareholders participated in the voting [2] - Mr. Frederic Sahyouni was re-appointed as Chief Financial Officer and Secretary, while Mr. Dominique Doucet and Robert Ménard were re-appointed as President and Chief Executive Officer, and Chairman of the Board respectively [3] - The Board granted 5,300,000 stock options to employees, consultants, directors, and officers at an exercise price of $0.17 per share, with a duration of five years [4] - Sirios Resources is focused on developing high-potential gold projects in the Eeyou Istchee James Bay region of Canada and announced the acquisition of OVI Mining, marking a significant event in the company's history [5]
Stillwater Critical Minerals Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$15 Million
Accessnewswire· 2025-12-15 15:35
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / December 15, 2025 / Stillwater Critical Minerals Corp. (TSX.V:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company", or "Stillwater") is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced "bought deal" private placement (the "Underwritten Offering") from gross proceeds of C$10,000,400 to gross proceeds ...
Cornish Metals Announces Update Regarding the Last Day of Trading on AIM in Relation to Its Proposed Re-Domicile
Globenewswire· 2025-12-15 15:22
VANCOUVER, British Columbia, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Cornish Metals Inc. (AIM/TSXV: CUSN) (“Cornish Metals”, “Cornish Canada” or the “Company”) a mineral exploration and development company focused on advancing its wholly owned and permitted South Crofty tin project in Cornwall, United Kingdom, provides a further update following the receipt of the final order from the Ontario Superior Court of Justice (the "Court Order") approving the previously announced re-domicile of the Company (the "Arrange ...
Issue and Forfeiture of Performance Rights
Globenewswire· 2025-12-15 14:01
TORONTO, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Cygnus Metals Limited (“Cygnus” or the “Company”) advises that following management changes announced on 26 October 2025, it has today issued an aggregate of 3,000,000 additional performance rights (“Performance Rights”) to President/Chief Executive Officer, Mr Nicholas Kwong under the Company’s Omnibus Equity Incentive Plan (“Plan”). The Company also advises that, effective today, following Mr Ernest Mast’s transition from Managing Director to Non-Executive Direct ...
NexMetals Initiates CEO Succession Plan
TMX Newsfile· 2025-12-15 12:00
Core Viewpoint - NexMetals Mining Corp. announces a leadership transition with Mr. Morgan Lekstrom stepping down as CEO effective January 31, 2026, and Mr. Sean Whiteford being appointed as the new CEO [1][4]. Leadership Transition - Mr. Lekstrom has been pivotal in the company's restructuring and has raised over $145 million, including the conversion of a $20.8 million term loan and prepayment of a $25 million asset purchase agreement [2]. - Mr. Whiteford, with over 30 years of experience in exploration and operational roles, has been with the company for over three years and has guided its strategic direction [3][4]. Company Achievements - Under Mr. Lekstrom's leadership, the company advanced its projects in Botswana, including technical evaluations and a deep drilling program at the Selebi and Selkirk projects, with initial economic studies expected to be completed in 2026 [2][4]. - The company has strengthened its foundation for future growth, positioning itself for major milestones in 2026 [4]. Company Overview - NexMetals Mining Corp. focuses on the redevelopment of previously producing copper, nickel, and cobalt resources in Botswana [5]. - The company emphasizes governance through transparent accountability and has a team with extensive experience in mine discovery and development [6].
PMET Announces Multiple New Lithium/Caesium Discoveries in 2025 Drilling at the Shaakichiuwaanaan Property
Prnewswire· 2025-12-14 22:00
Core Insights - PMET Resources Inc. announced significant lithium and caesium discoveries from its 2025 drilling campaign at the Shaakichiuwaanaan Property, indicating the potential for expanded mineral resources and reserves [2][4][5] Drilling Campaign Overview - A total of 57,024 meters of diamond drilling was completed in 2025, with results reported for 41,943 meters across 173 holes, while assays for 15,081 meters remain pending [3][5][30] - The drilling campaign included testing multiple lithium-caesium-tantalum (Li-Cs-Ta) pegmatite prospects, infill drilling, and condemnation drilling to support development [5][21] Lithium Discoveries - New lithium zones were discovered at the CV4 and CV12 pegmatites, with notable intercepts including 27.0 meters at 1.14% Li2O and 229.0 meters at 1.31% Li2O, respectively [2][17] - The CV5 Pegmatite's strike length has been extended to approximately 5.0 kilometers, with significant results such as 224.9 meters at 1.34% Li2O [24] Caesium Discoveries - A new caesium zone was identified at the CV12 Pegmatite, with intercepts including 23.0 meters at 5.82% Cs2O within a broader anomalous zone of 223.0 meters at 0.98% Cs2O [14][17] - High-grade caesium was also intersected at the CV5 Pegmatite, with results including 0.5 meters at 17.9% Cs2O [24] Mineral Resource Estimates - The Consolidated Mineral Resource Estimate for the CV5 and CV13 pegmatites totals 108.0 million tonnes at 1.40% Li2O and 0.11% Cs2O, with a Probable Mineral Reserve of 84.3 million tonnes at 1.26% Li2O [6][7] Future Plans - The geology team is working on updating geological models based on new drill data, with plans for a revised economic study scheduled for the second half of 2026 [29] - Additional drilling is planned to further delineate the caesium zones and assess the potential for underground resources [14][20]
Cornish Metals Obtains Final Order for Plan of Arrangement
Globenewswire· 2025-12-13 02:54
Core Viewpoint - Cornish Metals Inc. has received approval from the Ontario Superior Court for its re-domicile to the United Kingdom through a statutory plan of arrangement, facilitating the transfer of shares to Cornish Metals plc [1][2][3] Group 1: Arrangement Details - The arrangement involves exchanging one Cornish UK Share for every ten Cornish Canada Shares held, with rounding down to the nearest whole number [2] - The arrangement is expected to close on or about December 16, 2025, subject to customary closing conditions [3] - Following the completion, Cornish Canada Shares will be delisted from the TSX Venture Exchange, and the company will cease to be a reporting issuer in applicable jurisdictions [3] Group 2: Company Overview - Cornish Metals is focused on advancing the South Crofty tin project, which is a historical underground tin mine in Cornwall, UK, with existing mine infrastructure [6] - The South Crofty project is noted as the highest grade known tin resource not currently in production and is permitted for underground mining until 2071 [6] - The project is positioned to potentially be the first primary producer of tin in Europe or North America, with tin classified as a critical mineral by multiple governments [6]
Cornish Metals Obtains Final Order for Plan of Arrangement
Globenewswire· 2025-12-13 02:54
Core Viewpoint - Cornish Metals Inc. has received court approval for its re-domicile to the United Kingdom, facilitating the transfer of shares to a new entity, Cornish Metals plc, as part of a statutory plan of arrangement [1][2][3]. Group 1: Company Structure and Share Exchange - The arrangement involves exchanging one Cornish UK Share for every ten Cornish Canada Shares held, with rounding down to the nearest whole number [2]. - Shareholders with fewer than ten Cornish Canada Shares will receive no Cornish UK Shares [2]. - The transaction is expected to close around December 16, 2025, after satisfying customary closing conditions [3]. Group 2: Project Overview - Cornish Metals is advancing the South Crofty tin project, which is a historical underground tin mine in Cornwall, UK, and is the highest grade known tin resource not currently in production [6]. - The project is permitted for underground mining until 2071 and includes plans for a new processing facility and necessary site infrastructure [6]. - The South Crofty project could potentially be the first primary tin producer in Europe or North America, addressing the critical mineral demand as defined by various governments [6]. Group 3: Community and Economic Impact - The project is expected to generate over 300 direct jobs and has strong support from local communities and government [6].