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Barksdale Announces $5 Million Private Placement to Advance Sunnyside Exploration Towards 67.5% Ownership and Welcomes Christina McCarthy to the Board
TMX Newsfile· 2026-01-21 22:30
Core Viewpoint - Barksdale Resources Corp. plans to raise $5,000,000 through a private placement of common share units to fund its Phase II drill program and other corporate expenses [2][4]. Group 1: Financing Details - The offering consists of up to approximately 55,555,555 common share units priced at $0.09 per unit, aiming for gross proceeds of approximately $5,000,000 [2]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.15 for two years [3]. - Medalist Capital Advisors Inc. has been engaged as exclusive finders for the offering, with a 6% commission payable in units [5]. Group 2: Project and Use of Proceeds - Proceeds will be used for the Phase II drill campaign, payment to Great Basin Metals Inc., ongoing corporate expenses, and funding for geochemical and geophysical projects under review for the Sunnyside and San Javier projects [4]. - The Phase II drill program will involve a 25,000-foot (7,620 meters) drilling campaign at the Sunnyside project in Arizona, scheduled to begin in February and take two to three months to complete [8][9]. Group 3: Board Appointment - Christina McCarthy has been appointed as the newest independent board member, bringing over 18 years of experience in resource capital markets and corporate development [6][7]. - Her expertise is expected to assist the board in navigating strategic options and exploring the Sunnyside Project further [8]. Group 4: Company Mission and Focus - Barksdale aims to drive long-term shareholder value through the acquisition, exploration, and advancement of high-quality critical, base, and precious metal projects across the Americas [10]. - The company focuses on metals essential for the global energy transition, particularly copper, zinc, and other critical minerals [11].
Maxus Mining Investors Exercise $1,105,952 CDN in Warrants
Globenewswire· 2026-01-21 22:00
Core Viewpoint - Maxus Mining Inc. has successfully raised $1,105,952 through the exercise of common share purchase warrants, which will enhance its balance sheet and fund future exploration and corporate activities [1][2]. Group 1: Financial Developments - Investors exercised 2,408,200 common share purchase warrants, generating gross proceeds of $1,105,952 from January 2, 2026, to January 16, 2026 [1]. - The capital raised will be allocated for exploration work, new projects or acquisitions, corporate development, marketing, and working capital [2]. Group 2: Marketing Agreement - The Company has entered into a 6-month marketing agreement with RMK Marketing Inc., starting January 23, 2026 [3]. - RMK will provide various marketing services, including managing AdWords campaigns and optimizing online marketing strategies [4]. - The Company will compensate RMK $250,000, with an option to increase the advertising budget to $500,000 during the term of the agreement [5]. Group 3: Company Overview - Maxus Mining Inc. is focused on mineral exploration, with a portfolio of approximately 15,098 hectares in British Columbia, Canada [8]. - The portfolio includes significant projects such as the Alturas Antimony Project, which has reported high-grade antimony up to 69.98% [9]. - Other notable projects include the Lotto Tungsten Project and the Penny Copper Project, which have shown promising historical exploration results [10][11].
Nine Mile Metals Announces Closing of LIFE Offering
TMX Newsfile· 2026-01-21 22:00
Core Viewpoint - Nine Mile Metals Ltd. has successfully closed a private placement, raising gross proceeds of $4,631,250 through the issuance of 24,374,997 units at a price of $0.19 per unit, indicating strong investor interest and an oversubscribed offering [1][3]. Financing Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable at $0.30 for two years [2]. - The company has also received over $1 million from the exercise of warrants in recent weeks, positioning it strongly for growth over the next 24 months [3]. Use of Proceeds - The proceeds from the offering will be allocated towards exploration activities and related expenses on critical minerals projects in the Bathurst Mining Camp, as well as general and administrative obligations [6]. Finder's Fees - In connection with the offering, the company paid finder’s fees totaling $279,667.52 and issued 1,471,934 finders warrants, which are also exercisable for two years at a price of $0.19 [5]. Company Overview - Nine Mile Metals Ltd. is focused on VMS (Cu, Pb, Zn, Ag, and Au) exploration in the Bathurst Mining Camp, New Brunswick, with a strategic emphasis on minerals essential for technology and green technologies [8].
C3 Metals Announces $20 Million Bought Deal Private Placement
TMX Newsfile· 2026-01-21 21:10
Toronto, Ontario--(Newsfile Corp. - January 21, 2026) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc., as lead underwriter and on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 18,182,000 common shares of the Company ("Shares") at a price of $1.10 per Share (the "Is ...
Rockland Resources Closes Private Placement Tranche
Thenewswire· 2026-01-21 21:00
Core Viewpoint - Rockland Resources Ltd. has successfully closed a tranche of a non-brokered private placement, raising a total of $1,088,000 through the issuance of 10,880,000 units at a price of $0.10 per unit [1][2] Group 1 - The private placement consists of units that include one common share and one transferable common share purchase warrant, with warrants exercisable at $0.15 per share for a period of 36 months [1] - A senior officer of the company has subscribed for 300,000 units as part of the private placement [2] - The remaining balance of the private placement is expected to close on January 27, 2026 [2] Group 2 - Proceeds from the private placement will be utilized to advance the Cole Gold Mines project in Red Lake, Ontario, as well as for general working capital [2] - Shares issued from the financing will be subject to a four-month hold period in accordance with Canadian securities laws [2] Group 3 - Rockland Resources Ltd. is focused on mineral exploration and the acquisition of mineral property assets for the benefit of its shareholders [3]
Wildsky Resources Inc. Announces Change of Directors
TMX Newsfile· 2026-01-21 17:27
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2026) - Wildsky Resources Inc. (TSXV: WSK) (the "Company") regrets to announce that Zonglin Zhang has resigned from the Company's board of directors effective immediately. The Company wants to thank Mr. Zhang for his contribution to the Company and wishes him well with his future endeavours. The Company announces that Mr. Kairin Liu has been appointed to the Company's board of directors. Mr. Liu was appointed as Vice President – Exploration the Com ...
Riverside Resources Options Prospective Ground with past Drilling to Double the Size of the Jacket Property in Central British Columbia
TMX Newsfile· 2026-01-21 16:53
Core Insights - Riverside Resources Inc. has expanded its property portfolio by acquiring the Redtop property, effectively doubling the size of the Jacket Property, now referred to as the "Red Jacket Project" [1][4] - The Redtop property is strategically located near Taseko Mines' Yellowhead Copper Project, which is in the feasibility stage and hosts significant mineral reserves [2][4] - Historical exploration work has confirmed the presence of polymetallic mineral occurrences, with Riverside's recent sampling indicating high-grade mineralization that supports further exploration [3][4] Company Developments - Riverside has engaged Horizon Capital Markets Corp. for investor relations services, with a monthly fee of $3,500 for a minimum of six months starting January 15, 2026 [22] - The company maintains a strong financial position with over $6 million in cash and no debt, positioning itself well for future exploration and development [23] Project Details - The Redtop property features at least three main mineral occurrences and is situated within a well-mineralized belt of volcanogenic massive sulphide (VMS) deposits [2][3] - Historical work by previous companies, including Placer Dome, has outlined a 4 km long mineralized trend that Riverside aims to explore further [7] - The option agreement for the Redtop claims includes a total cash payment of $180,000 and $750,000 in additive expenditures over a period of three years, along with a 0.45% Net Smelter Returns Royalty [5][6] Exploration Results - Recent sampling results from the Sunrise and Snow showings returned high-grade values, including up to 24% Zn and significant silver and lead concentrations [11][12][13] - The geological setting of the Red Jacket Project is favorable, being part of the Eagle Bay Assemblage, which is known for hosting significant VMS deposits [15][16] - Riverside plans to continue exploration work in the first half of 2026, focusing on areas with confirmed high-grade mineralization [15][23]
Homeland Nickel Provides Corporate Update
Thenewswire· 2026-01-21 15:25
Core Viewpoint - Homeland Nickel Inc. has confirmed that its management is unaware of any material changes in operations that would explain the recent increase in market activity [1]. Company Overview - Homeland Nickel is a Canadian mineral exploration company focused on critical metal resources, with nine nickel projects in Oregon, USA, and copper and gold projects in Newfoundland, Canada [2]. - The company holds a significant portfolio of mining securities, including: - 442 thousand shares of Canada Nickel Company Inc. [2] - 9.960 million shares of Noble Mineral Exploration Inc. [2] - 11.447 million shares of Benton Resources Inc. [2] - 81,150 shares of Vinland Lithium Inc. [2] - 2.761 million shares of Magna Terra Minerals Inc. [2] - Homeland Nickel's common shares trade on the TSX Venture Exchange under the symbol "SHL" and on the OTCQB under the symbol "SRCGF" [2].
Grafton Resources Announces Appointment Of Director
Thenewswire· 2026-01-21 14:15
VANCOUVER, BRITISH COLUMBIA, January 21, 2026 – TheNewswire - GRAFTON RESOURCES INC. (CSE: GFT; OTCQB: GFTFF) (“Grafton” or the “Company”) announces that Michelle Bikic has resigned as a director of the Company. The board of directors would like to thank Ms. Bikic for her work with the Company and wishes her success in her future endeavours.  With the resignation of Ms. Bikic as a director of the Company, Mr. Merlin Marr-Johnson has been appointed as a director of the Company.  Mr. Marr-Johnson is a gradua ...
North Atlantic Titanium Closes Final Tranche of $1.25 Million Private Placement Financing to Advance the Everett Titanium Project in Quebec
Thenewswire· 2026-01-21 14:00
Core Viewpoint - North Atlantic Titanium Corp. has successfully closed the final tranche of its upsized and oversubscribed non-brokered offering, raising a total of $1,250,000 to advance its Everett titanium project in Quebec and for general corporate purposes [1][2][4]. Fundraising Details - The offering consisted of 12,500,000 units at $0.06 per unit and 6,250,000 flow-through units at $0.08 per unit, with each unit including one common share and one warrant [2]. - The total gross proceeds from the offering are $1,250,000, which will be allocated for initial option payments, working capital, and exploration activities [2][4]. Use of Proceeds - Net proceeds from the sale of units will fund the initial option payment for the Everett titanium property, while proceeds from flow-through units will be used for surface exploration and metallurgical testing [4]. - The company plans to conduct diamond drilling at selected locations in the Everett oxide body upon permitting [4]. Insider Participation - Insiders subscribed for a total of 783,317 units, which is considered a related party transaction under Multilateral Instrument 61-101 [6]. - The company is relying on exemptions from certain requirements of MI 61-101 due to the participation not exceeding 25% of the market capitalization [6]. Finder's Fees and Advisory Fees - The company paid $24,963.20 in finder's fees and issued 416,053 finder's warrants as part of the final tranche [7]. - An advisory fee of $100,000 was paid to Research Capital Corp. through the issuance of 1,666,666 units on the same terms as the offering [8]. Company Overview - North Atlantic Titanium is focused on advancing the Everett titanium deposit in Quebec and holds interests in other projects, including the Sleeping Giant South project and potential agreements in China [13].