Core Points - Surface Metals Inc. has successfully closed the first tranche of its non-brokered private placement financing, raising a total of $320,000 CAD by issuing 1,600,000 units at a price of $0.20 CAD per unit [1][2] Group 1: Financing Details - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.40 CAD for two years from the closing date [2] - The proceeds from the offering will be utilized for technical work at the company's gold and lithium projects in Nevada, as well as for general working capital [2] Group 2: Finder's Fees and Regulations - A finder's fee of $10,500 and 52,500 finder's warrants were paid to third parties in connection with the offering, with each finder's warrant exercisable under the same terms as the warrants included in the units [3] - All securities issued under the offering are subject to a hold period of four months and one day in accordance with Canadian securities laws [3] Group 3: Company Overview - Surface Metals Inc. is a North American mineral exploration company focused on advancing a diversified portfolio of gold and lithium projects located in Nevada, USA, and Manitoba, Canada [4] - The company's Cimarron Gold Project is situated in a historically productive gold district in Nye County, Nevada, while its Clayton Valley Lithium Brine Project has an inferred resource of approximately 302,900 tonnes LCE [4]

Core Viewpoint - Royal Road Minerals Limited has successfully closed a non-brokered private placement offering, raising gross proceeds of $5 million through the issuance of 27,772,523 ordinary shares at a price of $0.18 per share [1][5]. Group 1: Offering Details - The offering was conducted under the LIFE Exemption, allowing shares to be sold without a hold period under Canadian securities laws [2]. - The offering attracted significant interest from both existing and new investors [2]. - The largest shareholder, Rio2 Limited, retains approximately 15% equity stake in Royal Road after the offering [3]. Group 2: Financial Aspects - The company paid cash commissions totaling $251,319.23 and issued 1,396,215 broker warrants, each allowing the purchase of one share at $0.18 for 36 months [4]. - The net proceeds from the offering will be allocated to expand drilling programs in Colombia and Saudi Arabia [5]. Group 3: Regulatory Compliance - The offering constituted a related party transaction, with insiders subscribing for 4,502,223 shares, relying on exemptions from certain regulatory requirements [6]. - The securities issued are not registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without registration or an exemption [7]. Group 4: Company Overview - Royal Road Minerals is a mineral exploration and development company focused on discovering and developing copper and gold deposits with minimal environmental impact [8]. - The company operates in Saudi Arabia, Morocco, and Colombia, and is listed on multiple exchanges including TSX Venture Exchange and OTCQB [8].

Core Points - S2 Minerals Inc. has announced a proposed name change to "FNX Inc." and amendments to its share structure, which were overwhelmingly approved by shareholders [1][2] - The amendments include re-designating existing common shares as "subordinate voting shares" and creating a new class of "multiple voting shares" [1] - The effective date for the name change and amendments is set for December 5, 2025, with trading under the new symbol "FNX" commencing on the same day [2] Company Overview - S2 Minerals Inc. is a Canadian mineral exploration company focused on mineral properties in Northwest Ontario, particularly the Sandy Lake project [3] - The Sandy Lake project encompasses approximately 167,000 acres of mineral claims, with S2 holding a 100% interest in about 137,000 acres and joint venture interests in additional claims [4] - The project is located within the traditional territories of Sandy Lake First Nation and Keewaywin First Nation, with potential for future Canadian-focused exploration projects [5]

Core Points - Golden Sky Minerals Corp. has received approval from the TSX Venture Exchange for its Option and Joint Venture Agreement with Boliden Minerals Canada Ltd. [2][3] - The Agreement allows Boliden to earn up to an 80% interest in the Rayfield copper-gold property by making cash payments totaling CDN $1,000,000 over five years and funding up to CDN $19,000,000 in exploration expenditures over six years [4] - If a party's interest in the joint venture falls below 10%, it will convert into a 1.0% net smelter returns (NSR) royalty on the Rayfield Gjoll property, with a maximum aggregate royalty of CDN $15,000,000 [5][6] Company Overview - Golden Sky Minerals Corp. is a junior grassroots explorer focused on acquiring, assessing, exploring, and developing mineral properties in mining-friendly districts [7] - The company's portfolio includes the Rayfield-Gjoll Copper-Gold Project in British Columbia, the Hotspot and Luckystrike gold projects in Yukon, and the Auden Gold Project in Ontario [8] - The objective of the company is to create shareholder value through the discovery and development of world-class mineral deposits [8]

Core Points - The company issued a correction regarding its acquisition transaction with Nevada Hills Gold LLC, clarifying that it is an Arm's Length transaction, contrary to the previous statement [1][2] - The company confirmed that there are no common directors, officers, control persons, or insider relationships with the vendor that would classify the transaction as Non-Arm's Length [2] - The transaction maintains the previously announced amended commercial terms, including no finder's fees and a statutory four-month hold period for issued securities [3][4] Transaction Details - The transaction involves a cash payment of US$100,000 and the issuance of 250,000 common shares upon Exchange approval [7] - An additional cash payment of US$100,000 and 250,000 common shares will be issued 15 months after Exchange approval [7] - The vendor retains a 0.5% NSR royalty on future production, with a potential for an NSR buy-back right to be negotiated in the future [7]

Core Viewpoint - Americore Resources Corp. has amended the acquisition agreement with Nevada Hills Gold LLC for certain mineral claims in Nevada, USA, indicating a strategic growth move for the company's mineral portfolio [1][5]. Summary by Sections Acquisition Terms - The new consideration for acquiring 100% of the Vendor's rights includes a US$100,000 cash payment and the issuance of 250,000 common shares upon TSX Venture Exchange approval, followed by another US$100,000 cash payment and 250,000 common shares 15 months after approval [9]. - The Vendor retains a 0.5% Net Smelter Return (NSR) royalty, which may be subject to buy-back rights by the Company in the future [2][9]. Regulatory and Compliance - All securities issued under the amended agreement will have a statutory four-month hold period as per applicable securities laws and Exchange policies [3]. - The transaction is classified as non-arm's length under Exchange policies, and no finder's fees will be paid [3]. Conditions and Strategic Importance - Completion of the acquisition is contingent upon customary conditions, including Exchange approval, with no assurance that the acquisition will be finalized as proposed [4]. - The amended agreement does not change the previously disclosed material terms of the transaction, reinforcing its strategic importance to Americore's Nevada mineral portfolio [5]. Company Overview - Americore Resources is focused on advancing the Trinity Silver Project in Nevada, which has significant expansion potential and is led by a team with a strong track record in exploration and resource development [6].

Core Insights - VanadiumCorp Resource Inc. has established a wholly-owned subsidiary, Vanadium Énergie Nordique Inc., to lead the development of its pilot plant in Val-des-Sources, Québec [1][3] - The pilot plant aims to validate electrolyte processing technology and demonstrate the commercial viability of producing high-purity vanadium products, supporting the company's vision of a vertically integrated vanadium supply chain in Canada [2][5] - The creation of the subsidiary allows for a strategic separation of mining operations from electrolyte processing, enabling the company to focus on core strengths and position for future growth and partnerships [3] Company Overview - VanadiumCorp Resource Inc. is a Canadian mineral exploration company focused on developing vanadium-rich assets, particularly the Lac Doré Vanadium Project, which has shown high-purity vanadium suitable for energy storage applications [5] - The company has built an electrolyte pilot plant designed to test extracted vanadium materials and produce vanadium electrolyte for vanadium redox flow batteries (VRFBs) [5] - With vanadium and titanium designated as Critical Minerals in Canada and the U.S., the company aligns with national strategies to strengthen domestic supply chains [5]

Core Insights - Globex Mining Enterprises Inc. is updating shareholders on the progress of two critical mineral properties in New Brunswick, which are under option to Bryah Resources Ltd. and Antimony Resources Corporation [1] Group 1: Bryah Resources Ltd. - Bryah Resources has initiated a 1,000-metre drill program at the Golden Pike gold and antimony project to upgrade the existing foreign resource estimate to a JORC compliant mineral resource estimate [2] - Following the completion of the Golden Pike drill program, the drill will be moved to the Bond Road area for an exploration program targeting high-grade antimony veins, with up to 1,200 metres of exploration drilling planned [2] Group 2: Antimony Resources Corporation - Antimony Resources has filed a NI 43-101 Technical Report on the Bald Hill Antimony project, indicating a potential of 2.7 million tonnes at a grade of 3.0% to 4% antimony, which could yield between 81,000 and 108,000 tonnes of contained antimony, approximately doubling the previous estimate from 2014 [3] - The company is conducting a 6,000-metre drill program to detail and extend the known deposit, which will bring the total drill footage to 15,000 metres [4] - Antimony Resources has announced a financing of up to $10,012,000 to continue work on the Bald Hill property, focusing on becoming a significant North American producer of antimony [5]

Core Insights - Refined Energy Corp. has expanded the Dufferin Project to over 14,800 hectares by acquiring additional land in the Dufferin West and Dufferin North properties, indicating a strategic move to enhance its uranium exploration efforts in the Athabasca Basin, Saskatchewan, Canada [1][2][3] Project Details - The Dufferin Project now includes a total of 14,800 hectares, with the recent acquisition of 529 hectares for Dufferin West and 1,470 hectares for Dufferin North [1] - The properties are located approximately 18 km from Cameco's Centennial Deposit, which has shown significant uranium mineralization, with historic drill hole VR-031W3 intersecting 8.78% U308 over 33.9 meters [2] - The project is prospective for unconformity- and basement-hosted uranium mineralization, particularly near NE-SW trending faults, which are identified as primary locations for mineralization [2] Future Plans - The company plans to advance its exploration programs in the Athabasca Basin, with a drill program scheduled for Q1 2026, and expects to announce further details soon [3]

Rimouski, Quebec--(Newsfile Corp. - November 27, 2025) - Puma Exploration Inc. (TSXV: PUMA) (OTCQB: PUMXF) (the "Company" or "Puma") is pleased to announce that it has mobilized a second drill at its McKenzie Gold project in Northern New Brunswick. This follows the start, on November 17, 2025, of the Company's inaugural 2,500-metre drilling program at the high-grade RIM Gold Zone ("RIM").Grab sampling at RIM in 2024 and 2025 returned impressive gold grades, including up to 601.33 g/t Au* (see November 11, ...