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Pacific Booker Minerals Inc. Provides Update on the Presence of Critical Minerals
Newsfileยท 2025-07-23 18:20
Core Insights - Pacific Booker Minerals Inc. has submitted core samples from the Morrison Project for analysis to confirm the presence of Critical Minerals, with results expected within a month [1] - There has been no work done to determine if the elements are present in a commercially recoverable form, and it is currently unclear if their presence adds significant value to the orebody [2] - No regulatory authority has approved or disapproved the information contained in the news release, and the statements made are considered forward-looking, which may not guarantee future performance [3]
Winshear Appoints Andrew MacRitchie to the Board of Directors
Globenewswireยท 2025-07-15 12:00
Core Viewpoint - Winshear Gold Corp. has appointed Mr. Andrew MacRitchie to its Board of Directors, bringing extensive experience in the mining sector [1][2]. Company Overview - Winshear Gold Corp. is a Canadian-based minerals exploration company currently engaged in a regional exploration program at the Thunder Bay Gold Project in Northwest Ontario [3]. Leadership Experience - Mr. Andrew MacRitchie is a Chartered Professional Accountant with over 25 years of leadership experience in publicly listed exploration and mining companies [2]. - He has played a significant role in raising over $1.5 billion in capital for various organizations throughout his career [2]. - His previous experience includes working with PricewaterhouseCoopers and contributing to projects across multiple continents, including North America, South America, Africa, Europe, and Asia [2].
Winshear Closes Oversubscribed Private Placement
Globenewswireยท 2025-06-24 11:30
Core Viewpoint - Winshear Gold Corp. has successfully closed a non-brokered private placement, raising approximately $758,000 through the issuance of 12,633,333 Units, which will be used for exploration and working capital [1][3]. Group 1: Private Placement Details - The Offering consisted of 12,633,333 Units, with gross proceeds of $757,999.98 [1]. - Each Unit includes one common share and one half of a Share purchase warrant, with each full Warrant allowing the purchase of one Share at $0.12 for 24 months [1]. - Finder fees of $25,680 cash and 339,000 Warrants were paid on certain subscriptions [2]. Group 2: Use of Proceeds - Proceeds from the Offering will fund exploration of the Thunder Bay Gold Project and general working capital [3]. - The acquisition of the Thunder Bay Gold Project is under review by the TSX Venture Exchange and is subject to final acceptance [3]. Group 3: Related Party Transactions - Certain directors and officers of Winshear purchased a total of 1,100,000 Units in the Offering, which may be considered a related party transaction [4].
Panoro Minerals Ltd. Announces Brokered LIFE Offering for Gross Proceeds of up to C$10 Million
Newsfileยท 2025-06-12 20:36
Core Viewpoint - Panoro Minerals Ltd. has announced a brokered private placement offering to raise gross proceeds of up to C$10 million through the sale of up to 20 million units at a price of C$0.50 per unit [1][2]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$0.70 within 36 months of the closing date [1]. - The agents have an option to purchase up to an additional 15% of the units for additional gross proceeds of up to C$1.5 million [2]. - The offering is scheduled to close on June 23, 2025, or within 45 days of the announcement date, subject to certain conditions [8][9]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for infill drilling, metallurgical testing, pre-feasibility engineering, and completing an updated preliminary economic assessment for the Cotabambas Copper-Gold-Silver project [3]. - Additional uses include working capital, mineral concession payments, and general corporate purposes [3]. Group 3: Regulatory and Compliance - The offering will be conducted as a private placement in Canada (excluding Quebec), the United States, and other agreed jurisdictions, exempt from certain registration requirements [4]. - The securities offered have not been registered under the U.S. Securities Act and cannot be sold in the U.S. without registration or applicable exemptions [5].
Winshear Announces Change to the Board of Directors
Globenewswireยท 2025-06-09 21:00
Core Viewpoint - Winshear Gold Corp. has decided to relinquish its Gaban and Ica projects in Peru, transferring them back to Palamina Corp, which has led to the resignation of Mr. Andrew Thomson from Winshear's Board of Directors [1]. Company Overview - Winshear Gold Corp. is a Canadian-based minerals exploration company [2].
Winshear Gold Increases Private Placement to $750,000
Globenewswireยท 2025-06-03 14:35
Group 1 - Winshear Gold Corp. has increased its non-brokered private placement to $750,000, with each unit priced at $0.06 per share and including a half warrant for future share purchase at $0.12 [2][3] - The proceeds from the financing will be utilized to advance the Thunder Bay Gold Project and for general working capital purposes [3] - The completion of the private placement is subject to approval from the TSX Venture Exchange and includes a hold period of four months and one day for the issued securities [4] Group 2 - Winshear Gold Corp. is a Canadian-based minerals exploration company focused on gold projects [5]
Winshear Gold Announces $500,000 Private Placement
Globenewswireยท 2025-05-29 11:30
Core Points - Winshear Gold Corp. announced a non-brokered private placement of up to 8,333,333 Units at a price of $0.06 per Unit, aiming for gross proceeds of $500,000 [2] - Each Unit consists of one common share and one half of a common share purchase warrant, with full warrants allowing the purchase of one common share at $0.12 for 24 months [2] - The proceeds from the financing will be utilized to advance the Thunder Bay Gold Project and for general working capital [3] Company Information - Winshear Gold Corp. is a Canadian-based minerals exploration company [5] - The completion of the private placement is subject to approval from the TSX Venture Exchange, and all securities will have a hold period of four months and one day from issuance [4]
Amaroq Minerals Comments on Recent Trading Activity
Globenewswireยท 2025-05-20 21:29
Core Viewpoint - Amaroq Minerals has confirmed that its management is unaware of any material changes in operations that would explain the recent increase in market activity, following a request from the Canadian Investment Regulatory Organization (CIRO) [2]. Company Overview - Amaroq Minerals focuses on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The principal asset is a 100% interest in the Nalunaq Gold mine [4]. - The company holds a portfolio of gold and strategic metal assets in Southern Greenland, covering two known gold belts and advanced exploration projects at Stendalen and the Sava Copper Belt, which explore for strategic metals such as Copper, Nickel, Rare Earths, and other minerals [4]. Recent Trading Activity - The company has noted a recent increase in market activity but has not identified any material changes in its operations that would account for this [2].
Sokoman Minerals Corp. Closes First Tranche of Critical Mineral Flow-Through Private Placement
Newsfileยท 2025-05-07 20:59
Core Points - Sokoman Minerals Corp. has closed the first tranche of its CAD$400,000 non-brokered flow-through private-placement financing, raising CAD$300,000 through the sale of 6,000,000 FT common shares at CAD$0.05 each [1][2] - The company plans to utilize the proceeds from the financing to fund eligible Canadian exploration expenses, which will be renounced in favor of the subscribers of the FT Shares [4] - The company has received CAD$150,000 from the Government of Newfoundland and Labrador through the Mineral Incentive Program to support its exploration efforts [5] Financial Details - The first tranche of the financing includes cash finders' fees totaling CAD$18,000 and 360,000 non-transferable broker warrants exercisable at CAD$0.07 for one year [2] - The total treasury of the company is expected to strengthen to approximately CAD$1.3 million following this financing [2] Company Overview - Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in Newfoundland and Labrador, focusing primarily on gold projects [6] - The company's flagship projects include the Moosehead, Crippleback Lake, and Fleur de Lys projects, targeting Dalradian-type orogenic gold mineralization [6] - The company has entered a strategic alliance with Benton Resources Inc. for joint-venture properties in Newfoundland [6][7]
Sokoman Minerals Completes Vinland Shares Spin-Out
Newsfileยท 2025-04-25 14:54
Core Viewpoint - Sokoman Minerals Corp. has successfully completed the spin-out of approximately half of its shares in Vinland Lithium Inc. to its shareholders, with the distribution effective April 30, 2025 [1][2]. Company Overview - Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in Newfoundland and Labrador, focusing primarily on gold projects, including the flagship Moosehead project and others targeting Dalradian-type orogenic gold mineralization [4]. - The company has entered a strategic alliance with Benton Resources Inc. for large-scale joint-venture properties in Newfoundland [4]. Spin-Out Details - The spin-out involves a total of 2,025,126 common shares of Vinland being distributed to shareholders, while Sokoman will retain 2,000,000 shares of Vinland [2]. - Shareholders holding at least 8,000 Sokoman shares will receive approximately 50 Vinland shares for every 8,000 Sokoman shares owned [1][2]. - New Sokoman shares will be listed on the TSX Venture Exchange on April 29, 2025, while Old Sokoman shares will be delisted effective April 28, 2025 [3]. Market Context - Vinland has made a separate application for listing its shares on the TSX Venture Exchange, although no Vinland shares will be listed upon the closing of the spin-out [3].