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Metalero Closes Second Tranche of Oversubscribed Private Placement
Newsfile· 2025-12-13 00:12
Core Points - Metalero Mining Corp. has successfully closed the second tranche of its non-brokered private placement, raising a total of $108,679.83 through the sale of 517,523 flow-through units at a price of $0.21 per unit [1][2] - Each flow-through unit consists of one common share and one warrant, allowing the purchase of an additional share at $0.26 for two years [2] - The proceeds from this offering will be allocated to exploration work at the Benson Project, including further sampling and ground geophysics [4] Financial Details - The second tranche generated gross proceeds of $108,679.83 from the sale of flow-through units [2] - Metalero paid $8,694 in cash and issued 41,402 finder's warrants to eligible finders [3] - Each finder's warrant allows the purchase of one common share at $0.21 for two years [3] Project Background - The Benson Project is located in the Quesnel Trough, a significant mineral belt in Canada, known for its copper-gold porphyry occurrences [7] - The project area is accessible via Highway 26 and logging roads, facilitating efficient exploration [9] - Recent AI studies have identified high-potential anomalies in the Benson Project area, indicating the presence of gold and copper mineralization [9] Company Overview - Metalero Mining Corp. is a Canadian junior exploration company focused on copper and gold projects in North America [10] - The Benson Project, covering 173 square kilometers, is the company's flagship asset, featuring five prospects with porphyry-related mineralization [10]
North American Niobium and Critical Minerals Corp. Announces Closing of Oversubscribed $1.96m Flow-Through Financing
Globenewswire· 2025-12-12 23:00
- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES -Vancouver, BC, Dec. 12, 2025 (GLOBE NEWSWIRE) -- North America Niobium and Critical Minerals Corp. (CSE: NIOB) (FSE: IOR) (OTCQB: NIOMF) (“North American Niobium” or the “Company”) is pleased to announce, further to its news release of December 4, 2025, that the Company has closed the previously announced non-brokered private placement of flow-through common shares in the capital of the Company (each, an “FT Share”) by the issua ...
Critical One Energy Announces CDN$1,000,000 Flow-Through Private Placement
Newsfile· 2025-12-12 22:39
Toronto, Ontario--(Newsfile Corp. - December 12, 2025) - Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) (formerly Madison Metals Inc.) ("Critical One" or the "Company"), a leading Canadian mining exploration company focused on critical metals and minerals, is pleased to announce that it intends to complete a non-brokered private placement offering of up to 1,000,000 flow-through common shares ("FT Shares") at a price of CDN$1.00 per FT Share, for gross proceeds of up to CDN$1,00,000 (the " ...
Silver Elephant Closes First Tranche of Non-Brokered Private Placement for Gross Proceeds of $290,000
Newsfile· 2025-12-12 22:29
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that, further to its news release dated December 2, 2025, it has closed the first tranche of its non-brokered private placement (the "Private Placement") raising gross proceeds of $290,000 through the sale of 1,160,000 units (the "Units") at a price of $0.25 per unit. Each Unit consists of one common share of the Company (each, ...
Sun Summit Announces Upsized Non-Brokered Private Placement of up to $11.5 Million
Newsfile· 2025-12-12 22:01
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to announce that, due to significant investor demand, it has increased the maximum gross proceeds of its previously announced non-brokered private placement (the "Private Placement") from $7 million to $11.5 million. The Private Placement includes a combination of: (i) charity flow-through common shares in the capital of the Company (each, a "Ch ...
Terra Balcanica Completes 1200 m of Phase III Drilling at Silver-Antimony Targets in Bosnia and Herzegovina
Globenewswire· 2025-12-12 17:37
Core Insights - Terra Balcanica Resources Corp. has completed the first stage of its 2,100 m Phase III drilling program at the Brezani and Chumavichi targets within the Viogor-Zanik project in Bosnia and Herzegovina [1][3] Phase III Drilling - The 2025 drilling program aims to follow up on previously discovered high-grade polymetallic mineralizations at Brezani and Chumavichi, enhancing geological knowledge at these locations [4] - The drilling campaign faced technical challenges but achieved over 94% average core recovery [7] Brezani Target - Initial drilling at Brezani revealed 88 m from surface of 0.61 g/t AuEq, remaining open along an 850 m long gold in soil anomaly [5] - Deeper drilling discovered an epithermal system, returning 19.6 m at 436 g/t AgEq, indicating numerous epithermal structures trending towards the surface [5][8] Chumavichi Target - The Chumavichi target has confirmed at least three separate vein systems, with previous drilling returning grades of 824.2 g/t AgEq over 4 m, 505.3 g/t AgEq over 11 m, and 284 g/t AgEq over 10 m [6] - The 2025 drilling at Chumavichi encountered similar sulphides to previously reported drillholes, indicating further exploration potential [6] Future Plans - The company plans to test the main Ag-Sb-Zn-As-Bi soil anomaly with additional drillholes and continue exploration at the Chumavichi system [3] - Phase III operations are set to resume in January 2026 after laboratory assays are released [3] Company Overview - Terra Balcanica is focused on polymetallic and energy metals exploration in the Balkans and northern Saskatchewan, Canada, holding a 90% interest in the Viogor-Zanik Project [10] - The company emphasizes responsible engagement with local communities and is committed to sustainable practices [10]
Hertz Energy Announces Non-Brokered Private Placement
Newsfile· 2025-12-12 14:15
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: A340) ("Hertz" or the "Company") is pleased to announce a non-brokered private placement for gross proceeds of up to $440,000 (the "Private Placement").The Private Placement will consist of up to 4,400,000 units of the Company (the "Units") at a price of $0.10 per Unit gross proceeds of up to $440,000 (the "Offering"). Each Unit will consist of one (1) common share in the capital of the Comp ...
Nexcel Earns Initial 29.58% Interest in the Burnt Hill Tungsten Project
Newsfile· 2025-12-12 13:00
Nexcel Earns Initial 29.58% Interest in the Burnt Hill Tungsten ProjectDecember 12, 2025 8:00 AM EST | Source: Nexcel Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Nexcel Metals Corp. (CSE: NEXX) (OTCQB: NXXCF) (FSE: 2OH) ("Nexcel" or the "Company") is pleased to announce that, further to its news release dated October 8, 2025, the Company has earned an initial 29.58% interest ("Property Interest") in and to the Burnt Hill Tungsten Project (the "Burnt Hill Pro ...
Rokmaster Provides Update on Selkirk Project and Silver Mineralization Targets on other Projects
Prnewswire· 2025-12-12 08:30
Core Insights - Rokmaster Resources Corp. provides an update on its Selkirk Project and highlights the silver potential across its portfolio, indicating strong opportunities for exploration in southeastern British Columbia [1][7]. Selkirk Project - The Selkirk Project consists of three properties located north of Revelstoke, BC, which have shown positive results from geological mapping and sampling since 2021 [2]. - Field work on the Downie Gold Property confirmed a pyrrhotite-diopside-garnet skarn horizon with a strike length of approximately 2.0 km, revealing elevated tungsten and molybdenum results [2]. - The Downie Gold Property has an approved Multi-year Area Based exploration permit for drilling until October 2027 [2]. Keystone Property - The Keystone Property, located 10 kilometers south of the Downie Gold Property, has numerous occurrences of sphalerite and galena mineralization discovered during field work from 2021 to 2024 [3]. - This property also holds a MYAB exploration permit allowing for drilling until October 2027 [3]. Duncan Lake Project - The Duncan Lake Project features significant potential for silver mineralization, with historical mines producing high-grade silver up to 1,555 g/t Ag [5]. - Recent drilling north of the historic Duncan Mine intersected broad intervals of elevated silver concentrations, with results above the average for Kootenay Arc type Pb-Zn deposits [4]. - The No.3 to No.1 showings were trenched and channel sampled in 2025, returning high silver concentrations [4]. Big Copper Property - The Big Copper Property shows coincident copper and silver mineralization along a 4.5 km deformation zone, with soil sampling suggesting potential for galena and silver [6]. - This property may assist in identifying the core of a possible sedimentary Cu-Ag system [6]. Nechako Project - The Nechako Project contains several silver-rich epithermal vein occurrences, with assay results showing up to 614 g/t Ag over 1.2 m and 1,001 g/t Ag over 1.0 m [7]. Corporate Update - Michael Malana has been appointed as the new Chief Financial Officer, succeeding Dennis Cojuco, who served for over a decade [10][11]. - Malana brings over 20 years of international experience in financial management and corporate governance [12].
Miata Announces Results of AGM
Globenewswire· 2025-12-12 00:51
Group 1 - Miata Metals Corp. announced that all matters presented at the Annual General Meeting on December 11, 2025, were approved, with 23,724,181 common shares represented, accounting for 29.70% of the outstanding shares as of November 4, 2025 [1] - Miata Metals Corp. is a Canadian mineral exploration company listed on the Canadian Securities Exchange, OTCQB, and Frankfurt Exchanges, focusing on the acquisition, exploration, and development of mineral properties [2] - The company holds a 70% interest in the Sela Creek Gold Project, approximately 215 km in size, with an option to acquire a full 100% interest, and a 70% beneficial interest in the Nassau Gold Project, also with an option for full ownership [2]