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Bolt Metals Announces Upsize Non-Brokered Private Placement to $6,000,000
Accessnewswire· 2026-01-09 20:00
Core Viewpoint - Bolt Metals Corp. has announced an increase in its non-brokered private placement of special warrants due to significant interest, raising the total offering from $4 million to $6 million [1] Group 1: Offering Details - The initial offering was for up to 12,903,225 special warrants at a price of $0.31 each, aiming for gross proceeds of up to $4,000,000 [1] - The company plans to upsize the offering to 19,354,838 special warrants at the same price of $0.31 each, increasing the total gross proceeds target to up to $6,000,000 [1]
Grizzly Completes Private Placement for Gross Proceeds of $835,910
TMX Newsfile· 2026-01-09 14:00
Core Viewpoint - Grizzly Discoveries Inc. has successfully closed a second tranche of a private placement, raising a total of $595,910, bringing the aggregate gross proceeds from the Offering to $835,910 [1][2]. Group 1: Offering Details - The Offering included 11,836,667 FT Units and 8,027,000 Units, with each Unit priced at $0.03, consisting of one common share and one non-transferable warrant [1][2]. - The warrants allow holders to purchase additional common shares at $0.05, expiring either 30 days after a price threshold is met or 24 months from issuance [2]. - The Offering was available to qualified subscribers in Alberta, British Columbia, Ontario, and other jurisdictions, relying on exemptions from registration and prospectus requirements [2]. Group 2: Financial Transactions - A cash finder's fee of $14,400 was paid for the sale of 8,000,000 FT Units, along with the issuance of 240,000 Finder Warrants to two firms [3]. - An insider subscribed for 6,667,000 FT Units, generating gross proceeds of $200,010, which is exempt from formal valuation and minority approval requirements [4]. Group 3: Use of Funds - The proceeds from the Offering will be allocated as follows: $500,000 for mineral property exploration, $32,500 for mineral rights and exploration permits, and $112,500 for working capital and corporate overhead [7]. Group 4: Company Overview - Grizzly Discoveries Inc. is a diversified Canadian mineral exploration company focused on developing approximately 72,700 hectares of precious and base metals properties in southeastern British Columbia [8]. - The company is managed by a team with extensive experience in advancing exploration projects from early stages to feasibility [8]. Group 5: Share Structure - Following the final tranche of the Offering, the company has 206,465,956 common shares issued and outstanding, with trading restrictions on the new shares for four months [6].
Metals Creek Acquires 0.5 % NSR on the Tillex Property from Blue Moon Metals Inc. (formerly Savant Explorations Ltd.)
TMX Newsfile· 2026-01-09 13:49
Core Viewpoint - Metals Creek Resources Corp. has acquired a 0.5% Net Smelter Royalty (NSR) on the Tillex property from Blue Moon Metals Inc. This acquisition is part of a previous agreement and involves the issuance of 50,000 common shares of Metals Creek to Blue Moon [1][2]. Group 1: Acquisition Details - The acquisition of the 0.5% NSR is a result of a purchase agreement made on November 29, 2008, where Metals Creek initially acquired an 85% interest in the Tillex property from Savant Explorations Ltd. [2] - The transaction is subject to approval from the TSX Venture Exchange [2]. Group 2: Company Background - Metals Creek Resources Corp. is a junior exploration company incorporated in Ontario and is a reporting issuer in Alberta, British Columbia, and Ontario, with its shares traded under the symbol "MEK" [3]. - The company has a 50% interest in the Ogden Gold Property from Newmont Corporation, which includes the former Naybob Gold mine located 6 km south of Timmins, Ontario [3]. Group 3: Additional Information - Metals Creek has multiple quality projects available for option, and interested parties can find more information on the company's website [4].
Liberty Star Minerals Publishes Letter to Shareholders from Board Chairman Pete O’Heeron
Globenewswire· 2026-01-09 13:30
Core Insights - Liberty Star Minerals has made significant progress in 2025, focusing on exploration achievements and enhancing its role in securing the U.S. critical mineral supply chain [1][2] Group 1: Exploration Achievements - The Red Rock Canyon Gold Project revealed bonanza-grade gold assays of up to 107.5 g/t and 60.0 g/t, extending known mineralization by an additional 100 feet [3] - A successful 3D Induced Polarization (IP) survey at Red Rock Canyon covered approximately 10 acres and penetrated depths up to 500 feet, mapping gold-bearing veins with high precision [3] - The company appointed Matt Westbrook to the Board of Directors, enhancing expertise in critical minerals development and aligning with federal priorities [3] Group 2: Strategic Initiatives - A strategic corporate realignment was announced, creating dedicated subsidiaries for various mineral claims, enhancing operational clarity and opportunities for joint ventures [3] - The company engaged in advocacy and government relations, amplifying awareness of U.S. critical mineral needs and securing federal support for mining initiatives [3] - Successful registration with the System for Award Management (SAM) in June opened doors to federal grants and contracts, enhancing eligibility for government programs [3] Group 3: Market Outlook - The demand for critical minerals, particularly copper and gold, is expected to surge due to the clean energy transition and technological innovation, with global copper demand projected to double by 2050 [5] - The company anticipates continued federal support through streamlined permitting and incentives, potentially accelerating development [5] - Plans for 2026 include advancing targeted drilling, pursuing strategic partnerships, and exploring grant opportunities to delineate resources and create shareholder value [5]
SAGA Metals Highlights Radar Titanium Opportunity as North America Confronts Defense Driven Titanium Supply Chain Risks
Globenewswire· 2026-01-09 12:30
Core Insights - SAGA Metals Corp. has reported its best drill results to date from the Trapper Zone of the Radar Ti-V-Fe Project, highlighting a strong titanium thesis and significant mineralization potential [1][4][9] Company Overview - SAGA Metals Corp. is focused on the exploration and discovery of critical minerals, particularly titanium, vanadium, and iron, essential for North American supply security [21][24] - The Radar Project spans 24,175 hectares and encompasses the entire Dykes River intrusive complex, a unique geological position among Western explorers [5][13] Drill Results - Recent assays from the first two of eight completed drill holes at the Trapper Zone show long intervals of oxide mineralization with significant grades: Hole R-0008 reported 269.36 m at 6.57% TiO₂, 0.244% V₂O₅, and 36.21% Fe₂O₃; Hole R-0009 reported 296.47 m at 7.46% TiO₂, 0.250% V₂O₅, and 39.75% Fe₂O₃ [7][9] - The results confirm a large mineralized layered mafic intrusion with strong titanium and vanadium grades, validating a continuous oxide layering trend over 16+ km [5][14] Market Context - The titanium market is experiencing growth driven by defense and aerospace applications, with a projected increase from US$30.34 billion in 2024 to US$52.52 billion by 2032, reflecting a CAGR of 7.10% [9] - Titanium is classified as a critical mineral by the U.S., EU, and Canada, emphasizing its importance in defense and aerospace due to its strength-to-weight ratio and corrosion resistance [6][8] Strategic Importance - SAGA's Radar Project is positioned to address the supply chain vulnerabilities in North America, particularly in the context of geopolitical risks associated with titanium metal supply [3][8] - The project aims to bolster domestic supply chains to meet urgent national security needs, aligning with the strategic narrative of resilient North American titanium supply [2][9] Next Steps - SAGA plans to receive additional assay results shortly and will mobilize crews by mid-January to initiate the next phase of the Trapper Zone MRE drill program [10]
North Atlantic Titanium Announces Upsize of Private Placment Financing
Thenewswire· 2026-01-09 12:30
Core Viewpoint - North Atlantic Titanium Corp. has announced an upsized non-brokered offering due to strong investor demand, aiming for gross proceeds of up to $1,250,000 to fund various initiatives related to the Everett titanium property in Quebec [1][3]. Group 1: Offering Details - The offering consists of up to $750,000 in units priced at $0.06 per unit, each unit comprising one common share and one warrant [1]. - Additionally, the offering includes up to $500,000 in flow-through units priced at $0.08 per unit, each flow-through unit also comprising one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for up to 24 months following the closing of the offering [2]. Group 2: Use of Proceeds - Net proceeds from the sale of units will be allocated for the initial option payment for the Everett titanium property, working capital, and general corporate purposes [3]. - Gross proceeds from the sale of flow-through units will be dedicated to surface exploration, metallurgical testing, and verification of historical exploration work at the Everett property [3]. - The entire gross proceeds from flow-through units will be used for Canadian Exploration Expenses, which must be incurred by December 31, 2026, and renounced to initial purchasers by December 31, 2025 [4]. Group 3: Closing and Regulatory Approval - The final tranche of the offering is expected to close on January 16, 2026, subject to necessary regulatory approvals, including from the Canadian Securities Exchange [5].
Algo Grande Identifies 32 High-Priority Exploration Targets at Adelita and Commences High-Definition Ground Magnetic Survey and Appointment of João Rocha, Vice President of Exploration
TMX Newsfile· 2026-01-09 12:30
Core Insights - Algo Grande Copper Corp. has completed a comprehensive reprocessing and reinterpretation of historical datasets at its Adelita Project, confirming it as a district-scale porphyry-skarn mineral system with multiple exploration targets identified [2][8][40] Geophysical and Geological Findings - The integrated study identified 32 high-priority copper-gold-silver exploration targets, including 18 targets from geological, geophysical, and geochemical data, and 14 targets generated through machine learning [7][8][33] - Evidence of significant expansion potential beyond the known Cerro Grande skarn zone into areas such as Mezquital, Cerro Grande NW, Cerro Potrero, and Las Tablas was noted [7][8] - The reprocessing of geophysical data revealed deep, vertically extensive conductive feeder structures linking porphyry intrusions to overlying skarn mineralization [8][12][20] Exploration Activities - A high-definition ground magnetic survey has commenced over the Cerro Grande skarn zone to refine skarn geometry and structural controls [3][39] - Ongoing drilling at the Cerro Grande skarn zone has completed 1,000 meters in 2025, with plans to continue in January and February 2026 [7][8] Leadership and Technical Advancements - João Rocha has been appointed as Vice President of Exploration, enhancing the technical leadership of the company as it advances the Adelita Project [9][11] - The company is utilizing modern exploration technologies, including AI-based target generation and advanced geophysical modeling, to improve exploration efficiency and accuracy [11][40] Future Plans - The integration of multiple high-quality datasets aims to build a robust geological model for the Adelita Project, systematically reducing geological uncertainty and generating well-constrained drill targets [40]
Nobel Announces Non-Brokered Private Placement Offering
Globenewswire· 2026-01-09 12:00
Core Viewpoint - Nobel Resources Corp. is conducting a non-brokered private placement financing to raise up to $250,000 through the issuance of 4,166,667 units at a price of $0.06 per unit [1][2]. Group 1: Financing Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one share at $0.075 for a period of 24 months [2]. - The offering is expected to close on or before January 29, 2026, pending approval from the TSX Venture Exchange [3]. Group 2: Company Overview - Nobel Resources is a Canadian exploration company focused on high-potential copper assets, particularly the Cuprita Project in northern Chile, which is located in the Paleocene Porphyry Copper Belt [4].
Consolidated Lithium Metals Inc. Commences Trading on OTCQB® Venture Market
Globenewswire· 2026-01-08 23:00
TORONTO, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36 | OTCQB: JORFF) (“CLM” or the “Company”) is pleased to announce that its common shares have commenced trading on the OTCQB® Venture Market, a U.S. trading platform operated by OTC Markets Group Inc. Effective January 8, 2026, CLM began trading under the symbol “JORFF.” Investors can access real-time quotes and market information at https://www.otcmarkets.com/stock/JORFF/overview. Richard Quesnel, President and ...
Surface Sampling at Smart Creek Project Yields High-Grade Mineralization with up to 102 g/t Au, up to 23% Cu and up to 3810 g/t Ag
Globenewswire· 2026-01-08 15:00
Core Insights - Domestic Metals Corp. has reported significant high-grade mineralization discoveries at the Smart Creek Project in Montana, with successful identification of gold, copper, and silver across multiple locations [1][2][10]. Exploration Update - The company conducted a 40-day field campaign in August-September 2025, analyzing 310 surface samples to characterize mineralized zones and refine drill targets [1][8]. - High-grade results include 39 samples exceeding 0.5 g/t Au, 43 samples exceeding 1% Cu, 35 samples exceeding 30 g/t Ag, and 31 samples exceeding 0.1% Zn [10]. Sample Highlights - Notable assay results include: - Sample G019235: 74.7 g/t Au, 13.8% Cu, 3810 g/t Ag - Sample G019007: 102 g/t Au - Sample G019225: 23.1% Cu, 424 g/t Ag [4][5]. Future Plans - The company plans to deploy a targeted geophysics program followed by a diamond drill program in Q1 2026 to further explore identified targets [2][10]. - New target areas have been identified for follow-up drilling based on the recent exploration data [15]. Geological Context - The Smart Creek Project is located in a geologically favorable area for porphyry copper deposits and carbonate replacement deposits (CRD), with extensive historical mining activity [26][14]. - The project area is characterized by significant geological features that enhance the potential for high-value mineral deposits [17][14].