Minerals Exploration
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Fitzroy Minerals appoints Victor Flores to Board of Directors
Thenewswire· 2026-01-08 14:15
Core Viewpoint - Fitzroy Minerals Inc. has appointed Mr. Victor Flores as a Non-Executive Director, effective January 6, 2026, enhancing the company's governance and expertise in the resource capital markets [1][4]. Group 1: Appointment Details - Mr. Victor Flores is a recognized expert in resource capital markets with decades of experience, having worked as a resources analyst, Portfolio Manager, and Chief Investment Officer [2]. - His previous roles include eleven years as a Managing Director and Senior Mining Analyst at HSBC and nine years as a portfolio manager for Paulson & Co [2]. - Flores holds a Bachelor's degree in Geological Sciences and a Master's degree in Energy and Mineral Resources from the University of Texas at Austin, and he has been a CFA charter holder since 1992 [3]. Group 2: Company Overview - Fitzroy Minerals focuses on exploring and developing mineral assets with substantial upside potential in the Americas [5]. - The company's current property portfolio includes the Buen Retiro Copper Project in Chile, the Caballos Copper and Polimet Gold-Copper-Silver projects in Valparaiso, Chile, the Taquetren Gold Project in Argentina, and the Cariboo Project in British Columbia, Canada [5]. - Fitzroy Minerals' shares are listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF [5].
Locksley Confirms Continuous High Grade Mineralized Silver Corridor at its Mojave Project in California
Prnewswire· 2026-01-06 14:35
Core Insights - Locksley Resources has confirmed a continuous, high-grade mineralized silver corridor at its Mojave Project in California, significantly extending known mineralization and enhancing geological understanding [1][2] - The discovery includes a 3km mineralized trend with surface results of up to 409 g/t silver and 1.5% copper, which aligns with the company's antimony development strategy and diversifies its portfolio in critical minerals [2] - The company is focused on advancing the Mojave Project, targeting rare earth elements and antimony, and aims to reestablish domestic supply chains for critical materials through strategic partnerships [3] Company Strategy - Locksley Resources is executing a mine-to-market strategy for antimony, supported by partnerships with leading U.S. research institutions and industry partners [3] - The company plans to advance the new silver discovery with a staged exploration program, indicating a proactive approach to resource development [2] - The targeted approach combines resource development with innovative processing and separation technologies, positioning the company to contribute to U.S. critical materials independence [3]
Key Mining Corp., a Global Critical Minerals and Infrastructure Company, and Compass Digital Acquisition Corp. Announce Definitive Merger Agreement
Globenewswire· 2026-01-06 12:00
Core Viewpoint - Key Mining Corp (KMC) has entered into a merger agreement with Compass Digital Acquisition Corp (CDAQ), aiming to combine their operations and enhance KMC's growth potential in the critical minerals sector [1][9]. Company Background - KMC is an exploration stage global critical minerals and infrastructure company with assets in Chile and the United States, including significant deposits of titanium and copper [2]. - The company holds the 10th largest rutile titanium dioxide deposit globally, strategically positioned to meet the rising demand for critical minerals [2][7]. Management Team - KMC's management team, led by CEO Cesar Lopez, possesses extensive experience in global mining exploration, development, and mergers and acquisitions [3]. Key Assets - The flagship asset of KMC is the Cerro Blanco Titanium project in Chile, which is 100% owned by KMC and supported by extensive drilling and engineering studies [4]. - The Cerro Blanco project has a Measured & Indicated Resource of 107 million tons at 1.78% TiO2, representing a high-grade source of titanium [4]. - KMC is also developing a water desalination plant to support the titanium mine and generate third-party water offtake revenue, positioned to monopolize water supply in the Huasco Valley [5]. Growth and Acquisition Strategy - KMC owns a greenfield copper project in Arizona, showcasing its ability to scale operations across the United States and other strategic locations [6][7]. - The company has a differentiated acquisition pipeline to support its scalable growth model in response to the increasing global demand for critical minerals [7]. Business Combination Details - The merger values KMC at a pre-money enterprise value of $230 million, with a pro forma combined enterprise value of $303 million, assuming $20 million in gross proceeds from CDAQ's trust account [9]. - The business combination is expected to provide KMC with approximately $15 million in net cash proceeds [9]. Merger Agreement Structure - Under the merger agreement, a newly-formed Delaware corporation will acquire both KMC and CDAQ, becoming the new public holding company [10]. - Existing shareholders of KMC will convert their equity ownership into equity of the new entity [10]. Timeline and Approvals - The business combination is anticipated to be completed in the first half of 2026, pending customary closing conditions, including shareholder approvals [11].
Panoro Minerals Ltd. Announces Update to Previously Announced Brokered LIFE Offering for Gross Proceeds of up to C$5 Million
Globenewswire· 2025-12-22 22:52
Core Viewpoint - Panoro Minerals Ltd. is conducting a private placement to raise up to C$5,000,000 through the sale of units priced at C$0.40 each, with the offering document filed on December 22, 2025 [1][2]. Group 1: Offering Details - The private placement, referred to as the Marketed Offering, aims to sell up to 12,500,000 units, with the first tranche already closed, raising C$2,918,200 from 7,295,500 units sold [2]. - The December Offering Document includes an additional sale of up to 1,300,000 units for gross proceeds of up to C$520,000 [2]. - Each unit consists of one common share and one warrant, with warrants allowing the purchase of additional shares at C$0.60 until November 21, 2028 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for infill drilling, metallurgical testing, pre-feasibility engineering, and an updated preliminary economic assessment for the Cotabambas Copper-Gold-Silver project, along with general corporate purposes [6]. Group 3: Regulatory and Compliance - The offering will comply with National Instrument 45-106, allowing sales to purchasers in all Canadian provinces except Québec, and may also be offered in offshore jurisdictions and the U.S. under certain exemptions [7]. - The closing of the offering is scheduled for December 22, 2025, subject to necessary regulatory approvals [9].
Canamera Announces Closing of $1,120,000 Non-Brokered Private Placement
TMX Newsfile· 2025-12-22 21:48
Core Viewpoint - Canamera Energy Metals Corp. has successfully raised a total of approximately $5,570,000 since November 2025, with a recent non-brokered private placement contributing about $1,120,000 to this total [1][2]. Fundraising Details - The recent private placement involved the issuance of 2,000,000 flow-through units at a price of $0.56 per unit, each consisting of one common share and one-half of a warrant, with the whole warrant exercisable at $0.65 for 36 months [2]. - The proceeds from the private placement will be allocated to incur "Canadian exploration expenses" as defined by the Income Tax Act (Canada) [2]. Finder's Fees and Warrants - In connection with the private placement, the company paid $67,200 in cash finder's fees and issued a total of 120,000 finder's warrants to GloRes Securities Inc. and Marquest Asset Management Inc. [3]. Corporate Communications Engagement - The company has engaged InvestorBrandNetwork (IBN) for corporate communications services, agreeing to pay a fee of $25,000 USD per quarter for an initial term of 180 days [5][6]. - IBN specializes in content creation and digital engagement solutions, aiming to enhance the visibility and recognition of Canamera among diverse investor audiences [6]. Advertising Campaign - Canamera has also engaged RedChip Companies, Inc. to conduct a national TV advertising campaign, including 30-second ads on Fox Business National TV and CNBC from January 7, 2026, to January 21, 2026, for a fee of $85,000 [8]. Market-Making Services - The company has contracted Independent Trading Group Inc. (ITG) to provide market-making services, with a monthly fee of C$5,500 for a minimum term of one month [9][10]. - ITG specializes in market making and liquidity provision, aiming to improve the liquidity of Canamera's common shares [11]. Company Overview - Canamera Energy Metals Corp. is focused on critical minerals exploration, with a diversified portfolio that includes projects in uranium and rare earth elements across the Americas [12].
Adamera Repricing Private Placement
Thenewswire· 2025-12-16 21:50
Core Viewpoint - Adamera Minerals Corp. has repriced its private placement to raise up to $724,000, which will be used for working capital and exploration drilling on its gold projects in Washington State and British Columbia [1][3]. Financing Details - The financing consists of two components: 1. Up to 9,164,000 Units at $0.055 per Unit for gross proceeds of $504,020, each unit comprising one common share and one common share purchase warrant, with warrants exercisable at $0.12 for two years [3]. 2. Up to 3,385,000 flow-through units ("FT Units") at $0.065 per unit for gross proceeds of $220,025, each FT Unit consisting of one common share and one-half common share purchase warrant, with full warrants also exercisable at $0.12 for two years [3]. Use of Proceeds - Proceeds from the unit financing will be allocated to working capital and exploration drilling on the Company's gold projects in Washington State, while flow-through funds will be directed towards qualifying Canadian exploration expenditures on newly identified gold, copper, and zinc prospects in the South Hedley Project [3]. Regulatory Compliance - All securities issued under the financing will be subject to a statutory hold period of four months and one day from the date of issuance and remain subject to the approval of the Exchange [1][2].
Ivanhoe Electric Closes $200 Million Bank Credit Facility to Support Santa Cruz Copper Project Development
TMX Newsfile· 2025-12-15 21:30
Core Viewpoint - Ivanhoe Electric has successfully closed a $200 million senior secured multi-draw bridge facility to support the Santa Cruz Copper Project in Arizona, enhancing its financial position during ongoing project financing discussions [1][2]. Financing Details - The bridge facility is a crucial part of Ivanhoe Electric's long-term financing strategy for the Santa Cruz Copper Project, providing immediate balance sheet strength and funding for major construction activities set to begin in 2026 [2]. - The facility complements ongoing discussions for broader project financing, which may include project-level minority equity investment and long-term project debt [2]. - Ivanhoe Electric has received a Letter of Interest from the U.S. Export-Import Bank for $825 million in project debt, with the full application currently in process [2]. Key Terms of the Bridge Facility - The bridge facility has a two-year maturity term with a single repayment at maturity [10]. - The borrowing rate is based on the three-month Secured Overnight Financing Rate plus a margin of 5.0%, increasing by 0.5% at specified intervals, with an approximate rate of 8.7% on drawn amounts as of the announcement date [10]. - The facility is secured by Ivanhoe Electric's private land holdings and certain physical assets associated with the Santa Cruz Copper Project [10]. Company Overview - Ivanhoe Electric is focused on developing mines from mineral deposits primarily located in the United States, aiming to support American supply chain independence by delivering critical metals [4]. - The company utilizes advanced technologies, including the Typhoon™ geophysical surveying system and data analytics from its subsidiary, to enhance mineral exploration efforts [4]. - Ivanhoe Electric is also engaged in a joint venture with Saudi Arabian Mining Company to explore minerals in the Arabian Shield and has established an exploration alliance with BHP Mineral Resources Inc. for critical minerals in the U.S. [4].
M Evo(MEVOU) - Prospectus
2025-12-15 18:56
Filed with the U.S. Securities and Exchange Commission on December 15, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ––––––––––––––––––––––––––––––––––––––– FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ––––––––––––––––––––––––––––––––––––––– M Evo Global Acquisition Corp II (Exact name of registrant as specified in its charter) ––––––––––––––––––––––––––––––––––––––– | Cayman Islands | 6770 | N/A | | --- | --- | --- | | (State or othe ...
Spark Energy Minerals Announces Closing of Private Placement
Newsfile· 2025-12-12 19:51
Core Viewpoint - Spark Energy Minerals Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $500,000 through the issuance of 10,000,000 units, which will support its exploration initiatives in Brazil [1][2]. Group 1: Private Placement Details - The private placement was fully subscribed by a strategic investor, enhancing Spark's shareholder base and aligning interests in the company's exploration efforts [2]. - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.06 for three years [3]. - The net proceeds will fund the near-term drill program at the Arapaima Project in Brazil, covering mobilization and initial drilling costs, with remaining funds allocated to general working capital [4]. Group 2: Company Overview - Spark Energy Minerals Inc. focuses on the exploration and development of critical minerals essential for the clean-energy transition, particularly in Brazil's Lithium Valley [7]. - The Arapaima Project spans approximately 91,900 hectares and targets lithium and gallium-REE mineralization, contributing to a sustainable supply chain for electrification and renewable energy [7].
Solis Minerals Limited Registered as an Australian Company
Newsfile· 2025-12-10 21:12
Group 1 - Solis Minerals Limited has officially registered as an Australian company effective from December 8, 2025, following shareholder approval at the Annual General and Special Meeting on September 16, 2025 [1] - The company's common shares will transition from being registered in Canada and listed on the TSX-V to fully paid ordinary shares on a 1:1 basis, allowing shareholders to hold shares directly in the company [2] - All existing CHESS Depositary Interests (CDIs) will be cancelled, and new holding statements will be issued to support the uncertificated shareholdings [2] Group 2 - A timetable of events related to the Australian Continuance has been provided, detailing key dates such as the last day for trading CDIs on ASX (December 12, 2025) and the cancellation of CDIs (December 23, 2025) [4] - Solis Minerals is an emerging exploration company focused on its South American copper portfolio, led by a highly experienced team in the mining sector [6] - The company is strategically positioned to capitalize on growth opportunities in the mineral-rich region of South America, which is significant in the global copper export market [7]