Core Viewpoint - Amaroq Ltd. has successfully amended its debt financing agreement with Landsbankinn, extending the maturity and improving the terms, which enhances the company's financial flexibility and supports its growth strategy [2][3][4]. Debt Financing Agreement - The debt financing package has been extended by 14 months, from December 2026 to February 2028, with potential improved terms to 4.5% plus SOFR [3][6]. - The total commitment of the revolving credit facility with Landsbankinn is US $35.245 million, divided into three tranches: A, B, and C [4][6]. - Facility A is US $18.5 million and Facility B is US $10.245 million, both fully drawn with an initial margin of 9.5% per annum, reducing to 7.5% once Facility C becomes available [6]. Financial Terms and Conditions - Facility C, amounting to US $6.5 million, has a margin of 7.5% per annum and is accessible once the company's cumulative EBITDA exceeds CAD 6 million [6]. - Additional margin step-downs are introduced based on the last twelve months' EBITDA, with rates decreasing to 6.25% if LTM EBITDA exceeds CAD 25 million, 5.00% if it exceeds CAD 50 million, and 4.50% if it exceeds CAD 70 million [6]. Project Development - The Nalunaq project in South Greenland is advancing in its commissioning phase and is beginning to generate revenues, which will help unlock improved margins on the financing facility and lower operating costs [4].

Core Points - NexMetals Mining Corp. has granted annual equity incentive awards to directors, officers, employees, and consultants under its Omnibus Equity Incentive Plan [1][3] - The Board approved the grant of 332,512 restricted share units (RSUs), with 287,512 RSUs priced at $7.60 each, reflecting a 55% premium over the closing share price on November 17, 2025 [2] - An additional 45,000 RSUs were granted at a price of $8.80 each, representing a 79% premium to the closing share price [2] - The company also granted 46,600 deferred share units (DSUs) to directors at a price of $7.60 each, which will be payable in cash [3] - The equity incentive grants aim to align the interests of stakeholders with those of shareholders and support long-term retention and performance objectives [3] Company Overview - NexMetals Mining Corp. focuses on the redevelopment of previously producing copper, nickel, and cobalt resource mines in Botswana [5] - The company emphasizes governance through transparent accountability and open communication [6] - The team at NexMetals has extensive experience in mine discovery and development, with senior members averaging over 20 years in geology, engineering, operations, and project development [6]

Core Points - NexMetals Mining Corp. successfully closed a public offering of units, raising gross proceeds of C$80 million at a price of C$5.70 per unit [1][4] - Condire Investors, LLC became a new shareholder with a 9.9% stake in the company following the offering [3] - The net proceeds will be used for prepayment of a milestone payment under an Asset Purchase Agreement for the Selebi and Selkirk mines, exploration activities in Botswana, and general corporate purposes [4][5] Offering Details - Each unit consists of one common share and one warrant, with warrants allowing the purchase of additional shares at C$8.00 until November 17, 2027 [2] - EdgePoint Investment Group participated in the offering, acquiring 1,578,500 units for approximately C$9 million, increasing their stake to about 17.6% [3] - The offering included a cash commission of 6.0% of gross proceeds, totaling C$4,512,017 [5] Future Plans - The company plans to use the funds to secure title to the Selebi and Selkirk assets and accelerate growth and project derisking [5] - The offering is subject to final approval from the TSX Venture Exchange, with conditional approval for the listing of warrants [7] Insider Participation - Insiders subscribed for a total of 1,695,000 units, which is considered a related party transaction [8] - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the participation not exceeding 25% of the company's market capitalization [8]

Core Viewpoint - PMET Resources Inc. has filed a technical report on its lithium-only feasibility study for the CV5 Pegmatite at the Shaakichiuwaanaan Project, indicating a positive outlook for a large-scale mining operation [1][5]. Group 1: Technical Report Details - The technical report, titled "CV5 Pegmatite Lithium-Only Feasibility Study NI 43-101 Technical Report," was prepared in accordance with National Instrument 43-101 and issued on November 14, 2025, with an effective date of October 20, 2025 [1][2]. - The report is available on SEDAR+ and will also be accessible on the company's website, encouraging readers to review it in its entirety [3]. Group 2: Project Overview - The Shaakichiuwaanaan Property is a 100%-owned pegmatite critical mineral exploration and development project located in Quebec, Canada, with year-round accessibility and proximity to hydro-power infrastructure [4]. - The feasibility study has declared a maiden mineral reserve of 84.3 million tonnes (Mt) at 1.26% Li2O (Probable), targeting up to approximately 800,000 tonnes per annum (ktpa) of spodumene concentrate using a Dense Media Separation process [5][6]. Group 3: Mineral Resource Estimates - The project hosts a consolidated mineral resource totaling 108.0 Mt at 1.40% Li2O and 166 parts per million (ppm) Ta2O5 (Indicated), and 33.4 Mt at 1.33% Li2O and 155 ppm Ta2O5 (Inferred), ranking as the largest lithium pegmatite resource in the Americas and among the top ten globally [7][12]. - Additionally, the project contains the world's largest pollucite-hosted caesium pegmatite mineral resource, with 0.69 Mt at 4.40% Cs2O (Indicated) and 1.70 Mt at 2.40% Cs2O (Inferred) [7].

Core Points - Search Minerals Inc. has closed a convertible loan transaction with Petra Holdings Company Inc. for a total principal amount of $3,000,000 [1] - The initial drawdown of the loan is $750,000, with the remaining $2,250,000 available for future drawdowns [1][2] - The loan proceeds will be utilized for the development of the Foxtrot and Deep Fox mining projects, including equipment acquisition, site operations, and general working capital [2] Loan Details - The outstanding principal amount of the loan is due on November 12, 2028, with an interest rate of 15% per annum, payable quarterly [3] - The loan can be converted into common shares at Petra's option, with a conversion price of $0.50 per share for the first year, and thereafter based on the average closing price [4] - Any shares issued upon conversion will be subject to a hold period ending on March 13, 2026 [4] Governance and Information Rights - Petra is entitled to nominate a director, Michael Pearson, as long as there is at least $500,000 principal amount outstanding or Petra owns at least 5% of the common shares [5] - The company will provide Petra with copies of all continuous disclosure documents filed on SEDAR+ [6] Company Overview - Search Minerals focuses on exploring and developing Critical Rare Earth Elements (CREE) and transition metals in the Port Hope Simpson - St. Lewis CREE District of South-East Labrador [7] - The company controls two deposits (Foxtrot and Deep Fox) and several other CREE prospects along a 64-kilometer belt [7][8]

Core Insights - Cornish Metals Inc. has released its unaudited financial statements and management discussion for the nine months ended September 30, 2025, highlighting significant advancements in its South Crofty tin project in the UK [1][2]. Financial Performance - Total operating expenses for the nine months ended September 30, 2025, were CAD 10.69 million, an increase from CAD 6.50 million in the same period of 2024 [4]. - The company reported a loss of CAD 10.49 million for the period, compared to a profit of CAD 0.48 million in the previous year [4]. - Net cash used in operating activities was CAD 9.06 million, up from CAD 4.02 million in 2024 [4]. - Cash at the end of the period increased to CAD 60.69 million from CAD 3.30 million in 2024, primarily due to a successful fundraising effort [4][8]. Project Development - The updated Preliminary Economic Assessment (PEA) for the South Crofty project indicates an after-tax Net Present Value (NPV) of £180 million and an Internal Rate of Return (IRR) of 20% [2]. - Average annual tin production is projected to exceed 4,700 tonnes for years two through six, with an All-In Sustaining Cost (AISC) of under USD 13,500 per tonne [2]. - The company has secured grant funding of up to £4.2 million for the Bartles Foundry project, with the first claim of approximately £0.7 million received in August 2025 [2]. - Significant progress has been made in mine dewatering and shaft refurbishment, with work reaching approximately 360 meters below the surface [2]. Strategic Initiatives - A strategic fundraising effort totaling £57.4 million was completed, with major investments from National Wealth Fund Limited and Vision Blue Resources Limited [2]. - The company is advancing towards a formal final investment decision for the South Crofty project in 2026, aiming for first tin production by mid-2028 [3]. - Senior management has been strengthened with key appointments to enhance project and operational capabilities [2]. Sustainability and Community Engagement - Cornish Metals published its inaugural sustainability report, receiving an overall sustainability rating of "A" from Digbee, reflecting its commitment to governance, social responsibility, and environmental stewardship [5]. - The South Crofty project is positioned to generate over 300 direct jobs and benefits from strong local and governmental support [8].

Core Insights - Cornish Metals Inc. has released its unaudited financial statements for the nine months ended September 30, 2025, highlighting significant developments in its South Crofty tin project in the UK [1][2]. Financial Performance - Total operating expenses for the nine months ended September 30, 2025, were CAD 10.69 million, up from CAD 6.50 million in the same period of 2024 [4]. - The company reported a loss of CAD 10.49 million for the period, compared to a profit of CAD 0.48 million in the previous year [4]. - Cash at the end of the period increased to CAD 60.69 million from CAD 3.30 million, primarily due to a successful fundraising effort [4][7]. Project Developments - The updated Preliminary Economic Assessment (PEA) for the South Crofty project indicates an after-tax Net Present Value (NPV) of £180 million and an Internal Rate of Return (IRR) of 20% [2]. - Average annual tin production is projected to exceed 4,700 tonnes for years two through six, with an All-In Sustaining Cost (AISC) of under USD 13,500 per tonne [2]. - The company has secured grant funding of up to £4.2 million for the Bartles Foundry project, with the first claim of approximately £0.7 million received in August 2025 [2]. Strategic Initiatives - A strategic fundraising effort raised £57.4 million, with significant investments from National Wealth Fund Limited and Vision Blue Resources Limited, aimed at de-risking the South Crofty project [2]. - Key long-lead item orders have been placed for production and service winders at the South Crofty site, indicating progress in project execution [2]. Management and Operations - The company has strengthened its project and operations teams with the appointment of experienced professionals, including a new General Manager and Project Director [5]. - Ongoing work includes mine dewatering and refurbishment of the NCK shaft, with significant progress reported in stabilizing the underground chamber [2][3]. Market Position and Outlook - The South Crofty tin project is positioned to potentially become the first primary tin producer in Europe or North America, addressing the critical mineral demand as defined by various governments [6]. - The company aims to advance towards a formal final investment decision in 2026, with expectations of first tin production by mid-2028 [3][6].

Core Points - NexMetals Mining Corp. has filed a final short form prospectus for a public offering of up to 14,035,100 units at a price of $5.70 per unit, aiming for gross proceeds of up to $80,000,070 [1][2] - The closing of the offering is anticipated to occur on November 17, 2025, with conditional approval from the TSX Venture Exchange [2] - The final prospectus is accessible on SEDAR+ and can be obtained from SCP Resource Finance LP [3] Company Overview - NexMetals Mining Corp. is focused on the redevelopment of previously producing copper, nickel, and cobalt mines in Botswana [5] - The company emphasizes governance through transparent accountability and has a team with extensive experience in mine discovery and development [6]

Core Insights - District Metals Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which signifies a milestone for the company in terms of visibility and investor engagement [1][3]. Company Overview - District Metals Corp. is a disciplined, science-based exploration and development company focused on mineral properties, aiming to create shareholder value and benefit stakeholders [4]. - The company is recognized as a 2025 TSX Venture 50 company, ranking among the top-performing issuers on the TSX Venture Exchange in the past year [4]. Properties and Resources - The Viken Property in Sweden contains the largest undeveloped Mineral Resource Estimate of uranium globally, along with significant resources of vanadium, molybdenum, nickel, copper, and zinc [5]. - The Tomtebo Property is located in the Bergslagen Mining District and is situated between two historic mines, showcasing similar geological features and mineralization trends [6].

Core Insights - Renforth Resources Inc. has filed the NI 43-101 Technical Report supporting the initial Inferred Mineral Resource Estimate for its Victoria nickel sulphide polymetallic deposit [1][6] - The Technical Report is accessible on SEDAR+ and the company's website [6] Mineral Resource Estimate - The initial Inferred Mineral Resource Estimate for the Victoria deposit includes 155 million tonnes with nickel (Ni) content of 0.12%, copper (Cu) at 0.02%, cobalt (Co) at 0.01%, zinc (Zn) at 0.08%, and silver (Ag) at 0.38 g/t [2] - The nickel equivalent (NiEq) is reported at 0.15% [2] Additional Findings - The Technical Report also covers other mineralization areas within the Malartic Metals Package Property, including the Beaupré copper discovery and gold targets in the central area [3][4] - Lithium prospecting results from the Victoria stripped area are summarized in the report [4] Compliance and Approval - The technical contents of the press release have been reviewed and approved by an independent Qualified Person, Antoine Yassa, P.Geo. [7]