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Canamera Announces Closing of Non-Brokered Private Placement and LIFE Offering
Newsfile· 2025-11-25 00:55
Core Points - Canamera Energy Metals Corp. has successfully closed a non-brokered private placement, raising approximately $2,473,570.35 for advancing mineral projects and general corporate purposes [1][2] - The company also completed a LIFE Offering, issuing 4,394,356 units at a price of $0.45 per unit, generating gross proceeds of about $1,977,460.20 [3][5] - The company has changed its auditor from Adam Sung Kim Ltd. to DeVisser Gray LLP effective November 17, 2025 [7][9] Private Placement Details - The private placement included the issuance of 1,782,000 flow-through units at $0.56 each and 3,279,223 non-flow-through units at $0.45 each [8] - The proceeds from the sale of flow-through units will be used for Canadian exploration expenses as defined by the Income Tax Act (Canada) [1] - Finder's fees of $22,153.20 were paid in cash, along with 46,560 finder's warrants issued to Research Capital Corporation [2] LIFE Offering Details - Each LIFE Unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.56 for 36 months [3][5] - The LIFE Offering was conducted under the Listed Issuer Financing Exemption, meaning the units are not subject to a hold period [4] - Finder's fees of $65,078.10 were paid in cash, along with 144,618 finder's warrants issued to Research Capital Corporation [5] Auditor Change - The resignation of the predecessor auditor was at the company's request, and the new auditor will serve until the next Annual General Meeting [9] - There were no reservations in the predecessor auditor's reports for the most recently completed fiscal year or any subsequent periods [10] - The notice of change of auditor has been filed on SEDAR+ as required [11] Company Overview - Canamera is focused on mineral exploration, particularly in acquiring and developing projects in underexplored regions, including the Mantle project in British Columbia [12]
Trident Resources Engages i2i Marketing Group, LLC for Corporate Marketing and Investor Awareness Services
Globenewswire· 2025-11-24 22:00
Core Viewpoint - Trident Resources Corp. has entered into a marketing agreement with i2i Marketing Group to enhance investor awareness through various online platforms and direct marketing strategies, with an initial fee of US$250,000 for a six-month term [1][2]. Group 1: Agreement Details - The marketing agreement with i2i is set for an initial term of six months starting November 24, 2025, with a fee of US$250,000 payable upfront [1]. - After the initial term, the agreement can continue on a month-to-month basis with additional expenditures as agreed by both parties [1]. - The Company will not issue any securities to i2i as compensation for its services, and i2i does not currently own any securities of the Company [3]. Group 2: Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX Venture Exchange, focusing on gold and copper exploration projects in Saskatchewan, Canada [4]. - The Company is advancing its 100% owned Contact Lake and Greywacke Lake projects, which have significant historical gold resources, and the Knife Lake copper project, which contains a historical copper resource [4].
Decade Resources Closes Private Placement for Total Gross Proceeds of $1,170,000
Newsfile· 2025-11-24 21:31
Core Points - Decade Resources Ltd. has successfully closed a private placement, raising total gross proceeds of $1,170,000 [1] - The private placement consisted of two types of units: flow-through units and non-flow-through units [2][3] Flow-Through Units - A total of 24,250,000 flow-through units were issued at a price of 4 cents per unit, generating gross proceeds of $970,000 [2] - Each flow-through unit includes one common share and one warrant, with the warrant exercisable at $0.06 per share for a period of 24 months [2] - Proceeds from flow-through units will be allocated to Canadian exploration expenses and critical mineral mining expenditures on the company's B.C. properties [4] Non-Flow-Through Units - A total of 5,000,000 non-flow-through units were issued at a price of 4 cents per unit, generating gross proceeds of $200,000 [3] - Each non-flow-through unit consists of one common share and one warrant, with the warrant exercisable at $0.06 per share for a period of 36 months [3] - Proceeds from non-flow-through units will be used for general working capital [4] Additional Information - The company paid cash finder's fees totaling $86,800 and issued 2,170,000 warrants to finders, which are exercisable for a 24-month period [5] - All securities issued are subject to a statutory hold period of four months, expiring on March 22, 2026 [5]
Gold Mining Stock KINGSMEN RESOURCES (TSXV: KNG), (OTC: KNGRF) Announces Increase in Private Placement
Investorideas.com· 2025-11-24 15:43
Core Viewpoint - Kingsmen Resources Ltd. has successfully closed a non-brokered private placement financing, raising gross proceeds of $4,151,250 to advance its silver/gold projects in Mexico and for working capital [3]. Financing Details - The private placement involved the issuance of 3,075,000 units at a price of $1.35 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant [3]. - Each whole warrant allows the holder to purchase an additional common share at a price of $1.90 for two years from the closing date [3]. - A total of $191,179.36 in cash and 141,614 non-transferable finder's warrants were paid on a portion of the private placement, with the finder's warrants also exercisable at $1.90 for two years [3]. Project Focus - The net proceeds from the financing will be utilized to further advance the Las Coloradas Silver/Gold project in Mexico, which is part of Kingsmen's strategy to enhance its mineral exploration efforts [3][6]. - Kingsmen Resources is focused on its 100% held projects, including the Las Coloradas and Almoloya gold/silver projects, located in a historically rich mining district in Parral, Mexico [6]. Company Overview - Kingsmen Resources is a publicly-traded mineral exploration company headquartered in Vancouver, British Columbia, with a focus on high-grade silver and gold deposits [6]. - The company also holds a 1% NSR on the La Trini claims, which are part of the Los Ricos North project operated by GoGold Resources Inc. in Mexico [6].
Kingsmen Resources Raises $4,151,250 in Non-Brokered Private Placement
Newsfile· 2025-11-24 13:30
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2025) - KINGSMEN RESOURCES LTD. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) ("KINGSMEN" or the "COMPANY") (TSXV: KNG), (OTC: KNGRF) (FSE: TUY) is pleased to announce that it has closed its non-brokered private placement financing (the "Private Placement") announced on November 4th and November 12th, 2025. The Company raised gross proceeds of $4,151,250 by issuing a total of 3,075,000 units (each a "Unit"), at a price of $1.35 per Unit. Each Unit compris ...
Glenstar Receives Drill Permit for Phase 2 Program at Green Monster Project
Newsfile· 2025-11-24 13:29
Core Viewpoint - Glenstar Minerals Inc. has received a drilling permit from the Bureau of Land Management for its Phase 2 drill program at the Green Monster Project in Nevada, allowing for further exploration of mineral resources [1][2]. Drilling Program Details - The permit allows for the drilling of nine holes across four locations, covering approximately 300 meters of strike length exploration [2]. - The drilling plan includes two holes in the primary drilling area from Phase 1, three holes in the "discovery" zone 150 meters west of the primary site, and two holes each at two additional sites further west along a mineralized belt [2]. Survey and Data Analysis - The precise locations for the drill holes will be determined based on data from a recently completed Hybrid-Source Audio-Magnetotellurics Survey conducted by Hasbrouck Geophysics and Advantage Geophysics [3]. - The survey data was collected at 50-meter intervals along 13 lines and is currently being analyzed to create detailed geological models [4]. Project Background - The Green Monster Property consists of 35 federal lode claims covering approximately 700 acres in Clark County, Nevada, located about 40 miles southwest of Las Vegas [5]. - Prior to the recent drill program in May 2025, no drilling had been conducted on the property, although previous sampling in 2022 indicated the presence of robust nickel-copper with anomalous cobalt [5][6]. Mineralization Findings - Initial channel sampling returned significant results, including 1.18 meters of 3.77% copper, 3.06% nickel, 0.21% cobalt, and 6.83% zinc, indicating in-place vein style mineralization [6][7]. - Additional sampling confirmed high levels of zinc (>10%) and silver (>200 ppm), along with copper, uranium, and lead [7]. Company Overview - Glenstar Minerals Inc. focuses on the exploration of polymetallic minerals, which are critical for manufacturing electronics and energy technologies [8]. - The company's shares are traded on multiple exchanges, including the Canadian Securities Exchange and the Frankfurt Stock Exchange [9].
Fancamp Appoints Jasper Bertisen to its Board of Directors Further to the Announcement of Strategic Reorganization
Globenewswire· 2025-11-24 13:01
Core Insights - Fancamp Exploration Ltd. has appointed Mr. Jasper Bertisen to its Board of Directors, effective immediately, to support its strategic reorganization [1][4] Company Overview - Fancamp is a Canadian mineral exploration company focused on medium-term growth and monetization opportunities, with interests in high-potential mineral projects and a royalty portfolio [5] - The company holds significant interests in various minerals, including copper, gold, zinc, titanium, chromium, and rare-earth metals, with a notable asset being the Magpie property, one of the largest undeveloped hard rock titanium deposits globally [5] Leadership and Expertise - Mr. Jasper Bertisen brings over 20 years of experience in global mining investment and governance, having managed an $800 million portfolio and contributed to over $3.5 billion in capital raised during his tenure at Resource Capital Funds [2] - His expertise in evaluating mining projects from both technical and financial perspectives is expected to enhance Fancamp's strategic direction [2][4] Strategic Reorganization - Fancamp plans to separate its financial assets from its exploration assets, creating two distinct entities, with the financial entity focusing on investments, royalties, and other financial instruments [3] - This reorganization aims to streamline the portfolio and emphasize growth through strategic acquisitions [3]
Fancamp Appoints Jasper Bertisen to its Board of Directors Further to the Announcement of Strategic Reorganization
Globenewswire· 2025-11-24 13:01
Core Insights - Fancamp Exploration Ltd. has appointed Mr. Jasper Bertisen to its Board of Directors, effective immediately, to support its strategic reorganization [1][3]. Company Overview - Fancamp is a Canadian mineral exploration company focused on medium-term growth and monetization opportunities, with interests in high-potential mineral projects and a royalty portfolio [5]. - The company holds significant assets, including a 96% interest in Magpie Mines Inc., which owns one of the world's largest undeveloped hard rock titanium deposits [5]. Leadership and Expertise - Mr. Jasper Bertisen brings over two decades of experience in global mining investment and governance, having overseen an $800 million portfolio and contributed to over $3.5 billion in capital raised [2]. - His background includes extensive experience in mining private equity, focusing on due diligence and strategy execution across various commodities [2]. Strategic Reorganization - Fancamp plans to separate its financial assets from its exploration assets, creating two distinct entities, with Bertisen's expertise expected to enhance the financial entity's growth [3][4]. - The financial entity will focus on investments, royalties, and other financial instruments, aiming for a streamlined portfolio that emphasizes growth through strategic acquisitions [3].
Aldebaran Files PEA on Sedar+ and Announces Termination of the Option Agreement with Nuton Holdings Ltd.
Globenewswire· 2025-11-24 12:00
Core Viewpoint - Aldebaran Resources Inc. has filed an updated Technical Report and Preliminary Economic Assessment for the Altar copper-gold project, indicating a strong economic outlook for the project with significant production potential and attractive financial metrics [1][3]. Group 1: Project Details - The Altar Preliminary Economic Assessment (PEA) has an effective date of September 1, 2025, and was prepared by SRK Consulting Inc. with Knight Piesold as a subcontractor [1]. - The PEA indicates a base case scenario with a Net Present Value (NPV) of US$2 billion and an Internal Rate of Return (IRR) of 20.5%, highlighting the project's long-term viability and profitability [3]. - Aldebaran holds an 80% interest in the Altar project, which is located in San Juan Province, Argentina, and is part of a cluster of world-class porphyry copper deposits [6]. Group 2: Joint Venture Update - Nuton Holdings Ltd., a venture of Rio Tinto, has terminated its option to joint venture agreement to acquire a 20% interest in the Altar project, citing a shift in focus to later-stage projects [2]. - Despite the termination, there remains the potential for a licensing agreement between Nuton and Aldebaran to utilize Nuton Technology at the Altar project [2]. Group 3: Management Commentary - The CEO of Aldebaran expressed confidence in the Altar project, emphasizing its significance for both the company and Argentina, and acknowledged Nuton's participation while understanding their strategic shift [3].
Brunswick Exploration to Begin a Lithium Exploration Initiative in the Kingdom of Saudi Arabia
Globenewswire· 2025-11-24 12:00
Core Insights - Brunswick Exploration Inc. has identified Saudi Arabia as a highly prospective region for lithium exploration and has been awarded an exploration license, marking its first systematic exploration program in the country [1][2] - The exploration license covers an area of 8,467 hectares, located approximately 150 km from Buraydah and 450 km east of Riyadh, with favorable geological conditions for lithium [3][4] - Saudi Arabia is positioning itself as a major lithium processing hub as part of its Saudi Vision 2030 initiative, which aims to diversify its economy beyond oil and gas [5] Company Developments - The exploration license is pending final government approval, and the company is completing administrative requirements to begin exploration [3] - A prospecting campaign is planned to commence in the first half of 2026, allowing the company to generate results year-round by leveraging its expertise in lithium exploration [2] - The company is also advancing its projects in Canada and Greenland, with a maiden resource estimate for the Mirage project expected in early Q1 2026 [1][2] Industry Context - Saudi Arabia has a well-established mining history, supportive government policies, and strong funding for mining initiatives, making it an attractive jurisdiction for lithium exploration [4] - The region has seen little historical hard rock lithium exploration, presenting a significant opportunity for the company [4] - Prominent mining companies are actively exploring in Saudi Arabia, indicating a growing interest in the region's mineral resources [5]