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OTC Markets Group Welcomes First Nordic Metals Corp. to OTCQX
Globenewswire· 2025-09-12 11:00
Company Overview - First Nordic Metals Corp. is a Canadian-based gold exploration company focused on consolidating assets in Sweden and Finland, aiming to create Europe's next gold camp [4] - The company's flagship asset is the Barsele gold project in northern Sweden, which is a joint venture with Agnico Eagle Mines Limited [4] - First Nordic also owns additional project areas (Paubäcken, Storjuktan) surrounding the Barsele project, totaling approximately 80 km of strike coverage of the Gold Line greenstone belt [4] - In northern Finland, First Nordic holds a district-scale position covering the Oijärvi greenstone belt, including the Kylmäkangas deposit, the largest known gold occurrence on this belt [4] Market Transition - First Nordic Metals Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market [1][3] - Trading under the symbol "FNMCF," the transition to OTCQX is expected to expand the company's U.S. investor base [2][4] - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] Strategic Importance - CEO Taj Singh emphasized that graduating to the OTCQX market is pivotal for expanding drilling efforts in northern Sweden and increasing visibility among U.S. investors [4] - The move is aimed at building a strong long-term shareholder base and delivering a steady cadence of catalysts to a broader audience [4]
Roscan Gold Announces Extension to Promissory Notes
Newsfile· 2025-09-11 14:23
Core Points - Roscan Gold Corporation intends to extend the maturity date of its outstanding secured subordinate promissory notes totaling $1,300,000 from September 11, 2025, to September 11, 2026 [1] - The proposed amendment is classified as a related party transaction, with insiders holding $700,000 of the principal amount of the notes [2] - The company is relying on exemptions from certain requirements of Multilateral Instrument 61-101 due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [2] - The proposed amendment is subject to customary closing conditions and approvals from applicable securities regulatory authorities, including the TSX Venture Exchange [3] Company Overview - Roscan Gold Corporation is a Canadian gold exploration company focused on acquiring and exploring gold properties in West Africa [4] - The company has a significant land position with 100%-owned permits in an area with existing gold mines, including proximity to B2 Gold's Fekola Mine [4]
BULGOLD Announces Filing of Second Quarter Financial Results for the Three and Six Months Ended June 30, 2025
Globenewswire· 2025-08-22 11:30
Financial Performance - For the second quarter ended June 30, 2025, BULGOLD Inc. reported a net comprehensive loss of $114,537, equating to $0.00 per share [1] - For the six months ending June 30, 2025, the company incurred a net comprehensive loss of $152,428, or $0.01 per share [1] - As of June 30, 2025, BULGOLD had cash and cash equivalents amounting to $255,401 [1] Company Overview - BULGOLD Inc. is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe [2] - The company controls 100% of three quartz-adularia epithermal gold projects located in Bulgaria and Slovakia: the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project [2] - Management believes that the company's assets have potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization [2] Shareholder Information - As of June 30, 2025, BULGOLD had 27,597,928 issued and outstanding shares, with approximately 40.3% held by Founders, Directors, and Management [3]
Precore Gold Announces up to C$2 Million Private Placement
Globenewswire· 2025-08-21 09:00
Core Viewpoint - Precore Gold Corp. is initiating a non-brokered private placement to raise up to $2,000,000 for exploration and working capital purposes, with a focus on the Arikepay Project in Peru and other properties in Canada [1][3][4] Group 1: Private Placement Details - The private placement will consist of the sale of up to 11,111,111 units at a price of $0.18 per unit, each unit comprising one common share and one-half of a share purchase warrant [1] - Each warrant will allow the holder to purchase one additional common share at an exercise price of $0.25 for a period of 36 months [1] - The proceeds will be used for exploration work and working capital, with a four-month hold period on the issued securities [1] Group 2: Exploration Plans - The funds from the private placement will support an exploration program at the Arikepay Project in Peru, aiming to reaffirm historical drilling results and explore additional targets [3] - The company also plans to compile data on the Lac Big Rush property in Quebec and the Kimber property in British Columbia to outline future exploration programs [3] Group 3: Company Overview - Precore Gold Corp. is a Canadian junior gold exploration company focused on building a portfolio of exploration projects with strong gold discovery potential [4] - The company aims to capitalize on opportunities in politically stable, mining-friendly jurisdictions with promising properties and historical drilling results [4] - Precore Gold is committed to environmental, social, and corporate governance (ESG) standards in its operations [4]
Rackla Metals is Pleased to Provide an Update on Drilling at Grad and Other Developments on Property Holdings in the NWT
Thenewswire· 2025-08-19 11:00
Core Viewpoint - Rackla Metals Inc. is making significant progress in its 2025 exploration program in western Northwest Territories, increasing its drill plan by 25% to 5,000 meters due to positive findings in drill core and surface work [1]. Group 1: Exploration Progress - As of August 18th, over 3,100 meters have been drilled with 7 holes completed, covering an area of 500 x 300 x 550 meters [2]. - All drilled holes have intersected a consistent set of sheeted quartz/sulphide+tourmaline veins, with a notable zone of intense quartz and quartz-tourmaline veining and elevated bismuth content observed in holes G25-004 and G25-005 [3][6]. - The mineralized zone shows good continuity and appears robust, with increasing strength and width as the intercepts get deeper [3]. Group 2: Current Drilling and Results - The current drill hole G25-008 is targeting the same mineralized zone as previous holes, with a target depth of 500 meters [6]. - Samples from holes G25-001 through G25-007 have been submitted to the lab, with results from the first three holes expected within the coming week [8]. - A steady flow of results is anticipated following the initial findings [8]. Group 3: Geological Insights - Recent mapping indicates a metal zonation, with the ridge top being arsenic-rich and the lower ridges being bismuth-rich, suggesting minimal erosion in the area [10]. - The exploration is based on the Reduced Intrusion-Related Gold System model, indicating potential for significant mineral discoveries [10]. Group 4: Community Engagement - The company is working in consultation with the Sahtu Dene and Métis communities, emphasizing the importance of maintaining collaborative relationships as exploration advances [14]. Group 5: Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, targeting Reduced Intrusion-Related Gold Systems in underexplored regions of eastern Yukon and western Northwest Territories [16].
Thunder Gold Corp Engages Alliance Advisors IR for Investor Relations Services
Newsfile· 2025-08-14 20:30
Core Viewpoint - Thunder Gold Corp has engaged Alliance Advisors for investor relations services to enhance communication with investors and promote the potential of its Tower Mountain gold property [2][4]. Group 1: Company Overview - Thunder Gold Corp, previously known as White Metal Resources, is a junior exploration company focused on the Tower Mountain gold property located 45 kilometers west of Thunder Bay, Ontario [4]. - The company aims to strengthen investor relationships and showcase its project portfolio through strategic communication [2]. Group 2: Partnership Details - The agreement with Alliance Advisors is for an initial period of three months, with a total fee of CAD 22,500 for investor relations and communications services [2]. - Services provided by Alliance include managing public relations, social media, and stakeholder relations, with the agreement set to end on November 15, 2025 [2]. Group 3: Alliance Advisors Overview - Alliance Advisors is a firm that implements strategic investor relations programs tailored to client needs across various sectors, helping clients navigate complex markets and enhance shareholder engagement [5]. - The firm operates in both the U.S. and Canada and is recognized for its expertise in shareholder engagement and governance advisory [5].
Mines d'Or Orbec Appoints Jean-David Moore to Advisory Role
Newsfile· 2025-08-11 11:00
Company Overview - Mines D'Or Orbec Inc. is a gold exploration company that controls 100% of a significant land position near the Chapais-Chibougamau gold district in Quebec, covering approximately 51,000 hectares [5] - The project is strategically located near major regional trends associated with IAMGOLD's Nelligan, Northern Superior Resources Lac Surprise, and Monster Lake, providing excellent access [5] Appointment of Advisory Role - Mr. Jean-David Moore has been appointed to an advisory role within the company, bringing over 20 years of experience in mineral exploration and development [1][2] - He holds equity positions in more than 50 junior mining companies across Quebec and Canada, including over 7,000,000 shares of Orbec [2] Mr. Moore's Background - Mr. Moore serves as a director for several companies, including Bullion Gold Resources Corp. and Dios Exploration Inc., and has a strong background in forestry engineering with over 80 published scientific papers [3][4] - His extensive industry knowledge and investment insight are expected to benefit Orbec significantly [4]
Rackla Metals Provides Update on Continuing Drilling at Grad Property, NWT
Thenewswire· 2025-08-07 11:00
Vancouver, British Columbia – TheNewswire - August 7, 2025 – Rackla Metals Inc. (TSX-V: RAK) (the "Company") is pleased to announce that the Company is making good progress on its 2025 exploration program in western NWT, including the planned 4,000 drill program on the Grad property. As of August 5, 2,058 m have been drilled with 5 holes completed and hole G25-006 currently underway. With a single drill rig on the property, we are averaging approximately 50m per shift (100m per day) with the rig turning 24/ ...
E2Gold Asserts Exploits Discovery Breached NDA Agreement; E2 Assessing All Options
Newsfile· 2025-07-28 12:30
Core Viewpoint - E2Gold Inc. claims that Exploits Discovery Corp. breached a non-disclosure agreement (NDA) by optioning the Hawkins property from Pavey Ark Minerals, and is pursuing remedies including unwinding the agreement or seeking compensation [1][2]. Group 1: NDA Breach Details - The NDA prohibited Exploits from acquiring any interest in claims within 2 km of E2Gold's existing mineral properties for a period of 2 years, which has not yet elapsed since the agreement [2]. - Exploits announced the optioning of the Hawkins property on May 13, 2025, which is before the 2-year anniversary date of March 24, 2027 [2]. Group 2: Company Response and Strategy - E2Gold's President and CEO, Eric Owens, emphasized that the actions of Exploits are contrary to the essence of the NDA, indicating a lack of forthrightness [2]. - The company is reviewing its business strategies and exploring alternative project opportunities, including potential merger and acquisition scenarios [2]. Group 3: Company Background - E2Gold Inc. is a Canadian gold exploration company with a 541 claim exploration property located adjacent to the Hawkins Property, situated in north-central Ontario, approximately 140 km east of the Hemlo Gold Mine [3].
Red Pine Completes 2024–25 Drilling Program & Initiates Preliminary Economic Assessment Work at Wawa Gold Project
Globenewswire· 2025-07-23 11:45
Core Insights - Red Pine Exploration Inc. has completed its 2024-25 drilling program at the Wawa Gold Project, consisting of 69 drill holes totaling 24,574.5 meters [1][4] - The drilling program achieved its primary goals of expanding the size potential of the Wawa gold deposit and better defining near-surface mineralization [2][4] - Preliminary Economic Assessment (PEA) work has commenced, with expectations to complete it in early H1 2026 [3][5] Drilling Program Details - The drilling program included 25,000 meters planned, with significant results such as 45.38 grams per tonne of gold over 3.13 meters core length [8] - Additional notable assay results include 1.86 g/t Au over 19.09 meters and 14.51 g/t Au over 4.81 meters [8] - A newly discovered gold zone at depth could extend over 940 meters [8] Ongoing Activities - The company is conducting technical and baseline studies to support operational design and permitting, including metallurgical testing and geotechnical work [6] - An environmental and permitting consultant with over 25 years of experience has been engaged to assist in the permitting process [6][8] - The company is fully funded to complete the PEA and commence baseline studies following a successful financing completed on July 9, 2025 [6][8] Quality Assurance Measures - Red Pine implements a QA/QC program that includes inserting external gold standards and blanks every 20 samples [10] - Quarter-core duplicates are routinely taken to evaluate the natural variability of gold mineralization [10] - Approximately 5% of the pulps and coarse rejects analyzed are sent for umpire testing at Agat Laboratories [10] Company Overview - Red Pine Exploration Inc. is a gold exploration company based in Toronto, Ontario, with shares trading on the TSX Venture Exchange and OTCQB Markets [12] - The Wawa Gold Project is located in the Michipicoten Greenstone Belt, an area with significant historical gold mining activity [13]