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Surge Battery Metals Announces $15M Non-Brokered LIFE Offering of Units
TMX Newsfile· 2026-01-14 12:30
Core Viewpoint - Surge Battery Metals Inc. is initiating a non-brokered private placement called the LIFE Offering, aiming to raise $15,000,030 through the sale of 16,666,700 Offered Units, which will support the Nevada North Lithium Project and general working capital [1][3]. Group 1: Offering Details - The Offered Units are priced at $0.90 each and consist of one common share and one-half of a common share purchase warrant, with each full warrant allowing the purchase of one common share at $1.35 for three years post-issuance [1]. - The LIFE Offering is expected to close around February 3, 2026, and is subject to TSX Venture Exchange approval [1][4]. - The offering is made under the National Instrument 45-106, allowing participation from Canadian investors outside Quebec, and the securities will not be subject to a statutory hold period [2]. Group 2: Use of Proceeds - Proceeds from the LIFE Offering will be allocated to costs related to the preliminary feasibility study for the Nevada North Lithium Project, a definitive feasibility study, and general working capital [1][3]. Group 3: Company Positioning - Surge Battery Metals is focused on securing domestic lithium supply through its Nevada North Lithium Project, which is essential for electric vehicle production [6]. - The financing is viewed as a strong endorsement of the company's strategy and its project development efforts [3].
Puma Exploration Closes Sale of Turgeon Project
TMX Newsfile· 2026-01-14 11:00
Rimouski, Quebec--(Newsfile Corp. - January 14, 2026) - Puma Exploration Inc. (TSXV: PUMA) (OTCQB: PUMXF) (the "Company" or "Puma") is pleased to announce that it has successfully finalized the sale of the Turgeon Project to Raptor Resources Ltd. ("Raptor"). This sale is part of a broader transaction involving Puma, Canadian Copper Inc. (CSE: CCI) ("Canadian Copper") and Raptor with respect to both the Chester and Turgeon Projects. The initial agreement was signed on March 1, 2024 (see March 4, 2024 News R ...
Germanium Mining Corp. Strategically Expands Lac Du Km 35 Germanium Property In Quebec
Thenewswire· 2026-01-14 08:05
Core Viewpoint - Germanium Mining Corp. has expanded its Lac du Km 35 Germanium property by adding 4 mineral claims, increasing the total area to 4,371.28 hectares, which is expected to enhance future exploration opportunities [1][2]. Property Description - The Lac du Km 35 property is located approximately 40 kilometers east of Chibougamau, Quebec, with good access via Highway 167 and a main lumber road [2]. - The property is underlain by the Roy group volcano-sedimentary sequence and the Laganiere gneissic complex, which are part of the Abitibi greenstone belt [3]. Geological Features - A significant structural feature is the Faribault shear zone (FSZ), which could serve as a conduit for hydrothermal fluids [4]. - The Laganiere Germanium showing, discovered in 1998, returned a historical value of 0.02% (186 parts per million) Germanium [5]. Exploration and Sampling - Recent exploration in 2024 involved collecting 39 outcrop samples, yielding values of up to 0.27% nickel, 0.04% cobalt, 0.24% copper, and 0.21 grams per tonne gold [7]. - The area around the Laganiere showing remains largely unexplored, presenting a prime focus for the company [6]. Agreement and Financials - The company has amended its Mineral Property Option and Purchase Agreement, agreeing to issue 200,000 units to the vendor after work is acknowledged by the Ministry of Natural Resources of Quebec [8]. - Each unit consists of one common share and one common share purchase warrant, with an exercise price of $0.60 per share for 24 months [8]. Company Overview - Germanium Mining Corp. is a publicly traded mineral exploration company focused on discovery-stage mineral properties in North America [11].
Kirkstone Metals Grants Stock Options
Thenewswire· 2026-01-14 03:20
Group 1 - The company has granted a total of 1,200,000 stock options at a price of $3.71 per option share to Directors, Officers, and Consultants [1] - Shareholders approved a new omnibus equity incentive plan to replace the existing stock option plan, which allows for the grant of various types of incentive securities while limiting the total number of outstanding incentive securities to 10% of the issued and outstanding common shares [2] - The number of directors has been fixed at four, and all standing directors were elected for the upcoming year, along with the re-appointment of the company's auditors [3] Group 2 - Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium exploration within established mining jurisdictions in Canada [3]
VR Confirms Effective Date of Previously Announced Consolidation
Globenewswire· 2026-01-14 00:00
Core Viewpoint - VR Resources Limited is proceeding with a brokered private placement offering of up to 17,187,500 units for total gross proceeds of $2,750,000, alongside a consolidation of its common shares on a 10-for-1 basis, pending approval from the TSX Venture Exchange [1][2]. Company Overview - VR Resources Limited is a junior exploration company based in Vancouver, focusing on copper, gold, and critical metals in Nevada, USA, and Ontario, Canada [4]. - The company utilizes modern exploration technologies and has a proven track record in early-stage exploration, discovery, and mergers and acquisitions [4]. Share Consolidation Details - The company currently has 133,443,467 common shares issued and outstanding, which will reduce to approximately 13,344,346 post-consolidation shares, excluding those to be issued in connection with the offering [2]. - The consolidation will take effect on January 19, 2026, with the new ISIN number being CA91831M2040 and the CUSIP number 91831M204 [2]. Offering Conditions - The completion of the offering is conditional upon the successful execution of the share consolidation [2].
Medaro Announces Agreement to Option Ontario Mineral Property
TMX Newsfile· 2026-01-13 23:00
Core Viewpoint - Medaro Mining Corp. has entered into an assignment agreement to acquire a 100% interest in the Clay Howells Project in Ontario, which is expected to provide significant exploration and development opportunities due to rising rare earth prices [1][2]. Group 1: Acquisition Details - The company will pay the Assignor a cash sum of $35,000 and issue 150,000 common shares as part of the agreement [3]. - An additional 119,047 common shares will be issued to the Optionors, valued at $50,000, fulfilling the share issuance obligation related to the option exercise [4]. Group 2: Financial Obligations - To complete the option exercise, the company must pay the Optionors a total of $88,000 in three installments: $20,000 by August 13, 2026, $30,000 by August 13, 2027, and $38,000 by August 13, 2028 [5]. - Upon exercising the option, the Optionors will retain a 1.5% net smelter returns royalty, with the company having the right to purchase one-third of the royalty for a one-time payment of $500,000 [5]. Group 3: Property Overview - The Clay Howells Project is located in northern Ontario, approximately 41 kilometers from the Trans-Canada Highway, and consists of 4,365 hectares across three staked blocks [2]. - The area has a history of mineral exploration activity, making it an attractive opportunity for future development [2].
Advanced Gold Upsizes Private Placement
TMX Newsfile· 2026-01-13 22:30
Toronto, Ontario--(Newsfile Corp. - January 13, 2026) - Advanced Gold Exploration Inc. (CSE: AUEX) (FSE: ZF2) (OTC PINK: AUHIF) ("Advanced Gold" or the "Company") is pleased to announce the upsizing of the previously announced non-brokered private placement (the "Private Placement") on December 16, 2025 of up to 2,000,000 units (each, a "Unit") at a price of $0.15 per Unit to up to 3,500,000 units for aggregate gross proceeds of up to $525,000. Each unit shall comprise of one common share in the capital of ...
Reflex Advanced Materials Announces Shares for Debt Settlement
Globenewswire· 2026-01-13 22:00
Core Viewpoint - Reflex Advanced Materials Corp. has entered into a debt settlement agreement to settle a debt of $45,000 through the issuance of 246,981 common shares at a deemed price of $0.1822 per share [1]. Group 1: Debt Settlement Agreement - The debt settlement agreement involves a total debt of $45,000 [1]. - The company will issue 246,981 common shares at a price of $0.1822 per share to settle this debt [1]. - The agreement and issuance of securities are subject to approval from the Canadian Securities Exchange (CSE) [2]. Group 2: Company Overview - Reflex Advanced Materials Corp. is a mineral exploration company based in British Columbia [3]. - The company's objective is to locate and develop economic mineral properties in the strategic metals and advanced materials sector [3]. - Reflex aims to improve domestic specialty mineral infrastructure efficiencies to meet the increasing demand from North American manufacturers [3].
Nine Mile Metals Announces Upsizing of LIFE Offering
TMX Newsfile· 2026-01-13 22:00
Core Viewpoint - Nine Mile Metals Ltd. has increased its financing offering from gross proceeds of up to $4 million to $6.2 million due to strong investor demand [1] Financing Details - Each Unit in the offering consists of one common share and one common share purchase warrant, with the warrant exercisable at a price of $0.30 for two years [1] - The offering will be available to purchasers in all Canadian provinces except Quebec, under the listed issuer financing exemption [2] - The expected closing date for the offering is around January 19, 2026, subject to regulatory approvals [3] Finder's Fees - The company may pay finder's fees of 8% of the gross proceeds in cash and issue finder warrants equal to 8% of the number of Units sold [4] - Each Finders Warrant will allow the purchase of one additional Unit at a price of $0.19 for two years, subject to a four-month hold period [4] Warrant Expiry Acceleration - If the daily volume-weighted average trading price of the common shares reaches or exceeds $0.50 for ten consecutive trading days, the company may accelerate the expiry date of the warrants with a 30-day notice [5] Use of Proceeds - Proceeds from the offering will be allocated for exploration activities and related expenses on critical minerals projects in the Bathurst Mining Camp, as well as general administrative obligations [6] Company Overview - Nine Mile Metals Ltd. is focused on VMS (Cu, Pb, Zn, Ag, and Au) exploration in the Bathurst Mining Camp, New Brunswick, Canada, with a primary objective to explore four VMS projects [9]
Reflex Advanced Materials Announces Shares for Debt Settlement
Globenewswire· 2026-01-13 22:00
VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (OTCQB:RFLXF) (FSE:HF2) (“Reflex” or the “Company”), announces that it has entered into a debt settlement agreement (the "Agreement") with a service provider of the Company. Pursuant to the Agreement, the Company has agreed to settle debt in the amount of $45,000 through the issuance of 246,981 common shares of the Company (each, a “Share”) at a deemed price of $0.1822 per Share. The Agreement and the ...