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Aldebaran Announces Full Exercise of the Underwriters’ Option and Provides Update on the Concurrent Private Placement
Globenewswire· 2026-02-04 00:27
Core Viewpoint - Aldebaran Resources Inc. has successfully completed an upsized bought deal financing, raising a total of C$40,250,259 through the sale of common shares, which positions the company to advance its Altar project through the pre-feasibility study phase [1][3]. Financing Details - The underwriters exercised their full option to purchase an additional 1,615,395 common shares at a price of $3.25 per share [1]. - The company plans to issue 1,538,462 shares at $3.25 per share for proceeds of C$5,000,001.50 through a non-brokered private placement [2]. - The closing of the Offering is expected on February 5, 2026, while the Concurrent Private Placement is anticipated to close in mid-February 2026 [3]. Shareholder Engagement - Certain shareholders have anti-dilution rights, and the company has encouraged them to minimize their investment in this financing to allow for new institutional shareholders [2]. - The participation of Rights Holders in the Concurrent Private Placement will be considered a "related party transaction" under Multilateral Instrument 61-101, and the company intends to rely on exemptions from formal valuation and minority shareholder approval requirements [5]. Project Development - The CEO of Aldebaran stated that the financing allows the company to be fully funded for the Altar project, which is expected to enhance market liquidity and visibility [3]. - The Altar project is located in San Juan Province, Argentina, and hosts multiple porphyry copper-gold deposits with potential for further discoveries [8].
Aldebaran Announces Full Exercise of the Underwriters' Option and Provides Update on the Concurrent Private Placement
Globenewswire· 2026-02-04 00:27
/NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES/ VANCOUVER, British Columbia, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. ("Aldebaran" or the "Company") (TSX-V: ALDE, OTCQX: ADBRF) is pleased to announce that, in connection with the previously announced upsized bought deal ("Offering") (see Company release of January 27th, 2026), the underwriters, co-led by ATB Cormark Capital Markets ...
Vanguard Mining Corp. Accelerates Warrant Expiry Across Three Financings Following Share Price Strength
Thenewswire· 2026-02-03 23:45
Core Viewpoint - Vanguard Mining Corp. has accelerated the expiry of three series of outstanding common share purchase warrants, allowing the company to capitalize on favorable market conditions and advance its mineral asset portfolio [1][3][7]. Summary by Relevant Sections Warrant Acceleration - The company has exercised its right to accelerate the expiry of warrants issued during three financings: a non-brokered private placement on February 6, 2025, a LIFE offering on August 1, 2025, and a flow-through financing on August 27, 2025 [1][3]. - Each warrant series includes an acceleration provision that allows the company to set an earlier expiry date if specific trading conditions are met [2]. Trading Conditions - For the LIFE offering and flow-through financing warrants, the company can issue an Acceleration Notice if its common shares trade at a daily volume-weighted average price (VWAP) of at least C$0.32 for five consecutive trading days [4]. - For the non-brokered private placement warrants, the Acceleration Notice can be delivered if the shares close at or above $0.25 for five consecutive trading days [5]. Warrant Series Details - The summary of the warrant series subject to acceleration includes: - Non-Brokered Private Placement: 12,690,001 units at $0.10, with an acceleration trigger of a closing price ≥ $0.25 for 5 consecutive trading days [6]. - LIFE Offering: 12,829,631 units at $0.22, with an acceleration trigger of ≥ C$0.32 daily VWAP for 5 consecutive trading days [6]. - Flow-Through Financing: 2,933,267 units at $0.22, with the same acceleration trigger as the LIFE offering [6]. Company Strategy - The acceleration of the warrants is seen as a reflection of strong market performance, which supports the company's ongoing exploration and development initiatives in copper, gold, lithium, and uranium assets [3][7]. - Vanguard Mining Corp. is focused on discovering and developing high-value strategic minerals, with projects in Argentina, Canada, and Paraguay, aimed at supporting the global energy transition [8].
Casa Minerals Inc. Announces Closing of First Tranche of Private Placement
TMX Newsfile· 2026-02-03 23:35
Core Viewpoint - Casa Minerals Inc. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of $614,625 through the issuance of 4,917,000 units at a price of $0.125 per unit [1] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with each warrant allowing the holder to acquire an additional share for two years until February 04, 2028 [2] - The warrant exercise price is set at $0.15 per share for the first three months, increasing to $0.20 per share thereafter for the remaining period [2] - A Finder's Fee of $24,000 has been paid to registered financial institutions involved in the offering [3] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for general administration, exploration, and development activities on the Company's projects located in Arizona and British Columbia, Canada [4] - The Company plans to continue raising the remaining placement in the upcoming week [4] Group 3: Company Overview - Casa Minerals Inc. is focused on the acquisition, exploration, and development of mineral properties in Canada and the USA, holding a 90% interest in the Congress gold mine in Arizona and a 100% interest in the Pitman polymetallic property in British Columbia [6] - The Company also has an option to acquire a 75% interest in the Arsenault VMS Property in British Columbia [6]
Search Minerals Announces CEO Resignation
TMX Newsfile· 2026-02-03 23:17
St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - February 3, 2026) - Search Minerals Inc. (TSXV: SMY) ("Search Minerals" or the "Company") announces that Joseph Lanzon has resigned as Chief Executive Officer and a director of the Company, effective immediately. The Board of Directors thanks Mr. Lanzon for his dedication and his tireless devotion to moving the Company's flagship project forward. The Board of Directors and the Company wish Mr. Lanzon success in his future endeavors. The Board of Direc ...
Widest and Highest-Grade Caesium Intercepts to Date at Vega including 28.0 m at 8.05% Cs2O and 2.2 m at 26.48% Cs2O
Prnewswire· 2026-02-03 22:00
Core Insights - PMET Resources Inc. has reported significant caesium assay results from its 2025 drill campaign at the CV13 Pegmatite, highlighting the highest grades of caesium to date, including a peak assay of 29.79% CsO [2][3][9] - The exploration has confirmed high-grade caesium mineralization at the newly discovered Helios Zone, with multiple intercepts exceeding 25% CsO [2][3] - The company is optimistic about enhancing shareholder value through the caesium deposit, with ongoing drilling and assay results pending [2][3] Drill Results - The 2025 drill campaign has yielded the following notable results: - 28.0 m at 8.05% CsO, including 18.3 m at 11.84% CsO (CV25-948) [3][9] - 18.2 m at 7.13% CsO, including 3.0 m at 23.63% CsO (CV25-1023) [3][9] - 25.5 m at 14.83% CsO, including 2.2 m at 26.48% CsO (CV25-1006) [3][9] - 21.0 m at 21.52% CsO from the Helios Zone (CV25-975) [3][9] Mineral Resource Estimates - The CV13 Pegmatite hosts the world's largest in-situ pollucite-hosted caesium pegmatite Mineral Resource, with 0.69 million tonnes at 4.40% CsO (Indicated) and 1.70 million tonnes at 2.40% CsO (Inferred) [5] - The consolidated Mineral Resource Estimate for the CV5 and CV13 pegmatites totals 108.0 million tonnes at 1.40% Li2O and 0.11% CsO (Indicated) [6] Future Developments - The company is advancing towards an updated Feasibility Study for the CV5 Pegmatite, scheduled for the second half of 2026, and is interpreting the 2025 drill hole data to enhance geological models [16] - Remaining caesium assay results for 1,176 m (7 holes) are pending and will be reported once compiled [15]
Conquest Resources Closes Non-Brokered Private Placement Financing
TMX Newsfile· 2026-02-03 22:00
Toronto, Ontario--(Newsfile Corp. - February 3, 2026) - Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement, by issuing 6,000,000 flow-through shares as defined in the Income Tax Act (Canada) ("FT Shares") at a price of $0.075 per FT Share on a charity flow-through basis for gross proceeds of $450,000 (the "FT Financing"). The gross proceeds from the FT Financing will be ...
Showcase Minerals Acquires a Comstock Silver Property and Plans a Drill Program on the Grassy Claims
TMX Newsfile· 2026-02-03 21:58
Core Viewpoint - Showcase Minerals Inc. has entered into an option agreement to acquire a significant silver property in British Columbia, which includes three mineral claims covering 2080.8 hectares and the former Comstock mine [1][4]. Property Acquisition - The property acquisition allows the company to earn a 100% interest, subject to a 3% net smelter returns royalty, through cash payments of $300,000 over two years and issuing shares valued at $100,000 on each anniversary of the agreement [4]. Historical Context - The Comstock mine has a historical production record from 1898 to 1920, with a total of 455 tonnes of ore mined, yielding 1,687,774 grams of silver, 12,387 grams of gold, 217,634 kilograms of lead, and 126,657 kilograms of zinc [2]. Geological Features - The mineralization at the Comstock mine is characterized by quartz veins within a brecciated zone, containing galena, sphalerite, minor tetrahedrite, and trace pyrargyrite [3]. Grassy Gold Project - The company is planning a spring drill program for the Grassy Gold Project, located near the Premier Gold Mine, which historically produced over two million ounces of gold [5]. Mineralization Details - The Grassy property features epithermal, low sulphidation mineralization, primarily consisting of pyrite, sphalerite, galena, and chalcopyrite within quartz-carbonate breccia veins [6]. Geochemical Program Results - In the 2024 geochemical program, the Rama Vein samples showed gold values between 12.68 to 31.9 ppm, silver values from 376 to 1,812 ppm, lead values from 0.3% to 39.89%, and zinc values from 0.68% to 26.93% [8]. Private Placement Financing - The company plans to complete a non-brokered private placement of up to 8,000,000 units at $0.10 per unit, aiming for total gross proceeds of up to $800,000, with specific allocations for flow-through shares and general working capital [9][10]. Insider Participation - Insiders may participate in the private placement, with exemptions from formal valuation and minority shareholder approval requirements [11]. Company Overview - Showcase Minerals Inc. focuses on the exploration and acquisition of mineral properties, particularly in British Columbia's precious metal sectors, including the Golden Triangle and historic silver districts [14].
Green Bridge Announces Closing of Non-Brokered Private Placement for Gross Proceeds of C$4 Million
Accessnewswire· 2026-02-03 21:30
Core Viewpoint - Green Bridge Metals Corporation has successfully closed a non-brokered private placement, raising $4,000,000 through the issuance of 33,333,333 units at a price of $0.12 per unit [1][3]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable until February 3, 2029, at an exercise price of C$0.15 [2]. - The net proceeds from the offering will be utilized for the company's existing operations and general working capital [3]. - The company paid finders' fees totaling $102,700.01 and issued 100,000 finder shares and 855,833 finder warrants as part of the offering [3]. Group 2: Strategic Advisor Appointment - Notable mining investor Mr. Russell Starr acquired 6,000,000 units in the offering and has joined the company as a Strategic Advisor [4]. - Mr. Starr has a strong background in the mining sector, having held executive positions in various companies and being involved in significant transactions, including the sale of Cayden Resources Inc. for C$205 million [4]. Group 3: Company Overview - Green Bridge is focused on acquiring and developing critical mineral-rich assets in North America, with key projects including the Serpentine property and the South Contact District [6]. - The South Contact Project contains bulk-tonnage copper-nickel and titanium-vanadium mineral resources, while Serpentine is a magmatic sulphide deposit with inferred and indicated mineral resource estimates for copper and nickel [6].
Meta Critical Minerals Announces Private Placement With Strategic Advisory Support From Leading New York Investment Bank Revere Securities
Accessnewswire· 2026-02-03 21:15
Core Viewpoint - Meta Critical Minerals Inc. is initiating a non-brokered private placement offering of up to 30,000,000 units at a price of $0.20 per unit, aiming to raise up to $6,000,000, with Revere Securities LLC acting as a strategic advisor [1][4]. Group 1: Offering Details - Each unit consists of one common share and one transferable common share purchase warrant, with each warrant allowing the purchase of an additional common share at $0.30 for two years [2]. - The company holds an acceleration right for the warrants, which can be triggered if the common shares close at $0.45 or above for 10 consecutive trading days, allowing the company to notify warrant holders of an expiration date [3]. - Finder's fees may be paid to eligible finders in accordance with applicable securities laws and Canadian Securities Exchange policies [4]. Group 2: Use of Proceeds - Proceeds from the offering are intended to advance the company's various projects, marketing efforts, and general working capital [4]. Group 3: Company Overview - Meta Critical Minerals Inc. focuses on acquiring, exploring, and developing critical-mineral assets, targeting commodities essential for advanced manufacturing and electrification [7]. - The company's assets are located in regions with strong demand for critical minerals, including North America and Central-East Asia, emphasizing near-term production potential and disciplined capital allocation [7].