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Brunswick Exploration Announces Insider-Led Non-Brokered Life Private Placement
Globenewswire· 2026-02-25 14:24
Core Viewpoint - Brunswick Exploration Inc. is initiating a non-brokered private placement to raise up to $4 million through the sale of 16 million units at a price of $0.25 per unit, aimed at expanding its lithium exploration efforts in Saudi Arabia and other regions [1][2]. Financing Details - The offering consists of units, each comprising one common share and one half of a common share purchase warrant, with warrants allowing the purchase of shares at $0.35 for 36 months post-closing [2]. - The offering is expected to close around March 18, 2026, subject to necessary approvals [6]. Use of Proceeds - The net proceeds from the offering will be allocated for exploration activities in Canada, Saudi Arabia, and Greenland, as well as for general corporate purposes and working capital [4]. Insider Participation - Participation by insiders in the offering will be classified as a related party transaction, with the company relying on exemptions from formal valuation and minority shareholder requirements [5]. Company Overview - Brunswick Exploration is focused on grassroots lithium exploration in Canada, Greenland, and Saudi Arabia, with a significant property portfolio underpinned by its Mirage project, which has an inferred mineral resource estimate of 52.2 million tonnes grading 1.08% Li2O [9][10].
Unigold Announces Closing of Non-Brokered Private Placement of $1,470,060
TMX Newsfile· 2026-02-25 14:21
Core Viewpoint - Unigold Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $1,470,060 through the issuance of 8,167,000 units at a price of $0.18 per unit, which will be used for exploration and development activities in the Dominican Republic [1][2]. Group 1: Offering Details - The private placement consists of units, each comprising one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at an exercise price of $0.22 for two years [1]. - The offering is subject to a four-month hold period and requires final acceptance from the TSX Venture Exchange [2]. Group 2: Insider Participation - Significant insider participation includes subscriptions from directors Andrés Marranzini and Juana Barcelo, who purchased a total of 7,000,000 units [2]. - The transactions involving insiders are classified as related party transactions under Multilateral Instrument 61-101, and the company will file a material change report regarding these transactions [2]. Group 3: Use of Proceeds - Proceeds from the offering will primarily fund continued exploration and development on the Neita Sur Concession in the Dominican Republic, as well as general working capital [2]. Group 4: Company Overview - Unigold is a Canadian mineral exploration company focused on gold deposits in the Caribbean, particularly the Candelones gold deposits within the Neita Sur concession [4]. - The company has been active in the Dominican Republic since 2002 and has received strong local community support for its exploration and development efforts [4]. - The Neita Sur concession is part of a larger area that includes the Neita Norte Exploration Concession, which was awarded in Q2 2023, and has a partnership with Barrick Gold for further exploration [4].
Transition Metals Exhibiting at PDAC 2026 - Booth #2126
TMX Newsfile· 2026-02-25 13:06
Sudbury, Ontario--(Newsfile Corp. - February 25, 2026) - Transition Metals Corp. (TSXV: XTM) ("Transition" or the "Company"), is pleased to announce that it will exhibit at the 2026 Prospectors & Developers Association of Canada ("PDAC") conference in Toronto, Ontario, from March 1-4, 2026.Transition will showcase its' project portfolio and will be available to meet with investors, strategic partners, and industry participants throughout the convention. Attendees are invited to visit Transition in the Inve ...
Western Star Resources Closes Over $3,000,000 in Over Subscribed Private Placement
Thenewswire· 2026-02-25 13:00
February 25, 2026 – TheNewswire - Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (the “Company” or “Western Star”) announces that, further to its news release of February 17, 2026, it has closed its non-brokered private placement and raised $3,046,089 through the issuance of 20,307,254 units (the “Units”) at a price of $0.15 per Unit. Each Unit is comprised of one common share and one share purchase warrant (a “Warrant”) with each Warrant entitling the holder to purchase one common share at a price ...
First Canadian Graphite Exhibiting At PDAC.
Thenewswire· 2026-02-25 13:00
February 25, 2026 – TheNewswire - Vancouver, BC – First Canadian Graphite (TSXV: FCI | OTC: GBMIF | FRANKFURT: BRO2) is pleased to announce that it will be exhibiting at the Prospectors & Developers Association of Canada (PDAC) 2026 Convention, the world’s premier mineral exploration and mining event. Our booth # is 3019 in the Investors Exchange.The Company will be located at Booth #3019 in the Investors Exchange, in our new location, where representatives will be available throughout the convention to m ...
Oreterra Metals to Exhibit at PDAC 2026, Booth #2717
TMX Newsfile· 2026-02-25 12:30
Toronto, Ontario--(Newsfile Corp. - February 25, 2026) - Oreterra Metals Corp. (TSXV: OTMC) (OTCID: OTMCF) (OTCID: RMIOD) (FSE: D4R0) (WKN: A421RQ) ("Oreterra" or the "Company") (previously, "Romios Gold Resources Inc.") is pleased to announce that it will be exhibiting at the 2026 Prospectors & Developers Association of Canada Annual Convention (PDAC), the world's premier mineral exploration & mining event. We invite our shareholders and conference delegates to visit us at booth #2717 in the Investor's Ex ...
QMET Applauds QIMC Hydrogen Discovery at West Advocate; Strengthens Geological Case for QMET's Upcoming Nova Scotia Drill Campaign
TMX Newsfile· 2026-02-25 12:00
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Q Precious & Battery Metals Corp. (CSE: QMET) (OTC Pink: BTKRF) (FSE: 0NB) ("QMET" or the "Company") congratulates Quebec Innovative Materials Corp. ("QIMC") on its significant hydrogen discovery at the West Advocate Project in Nova Scotia, as disclosed yesterday.QIMC reported that its first diamond drill hole (DDH-26-01), part of a planned five-hole systematic program, intersected an approximately 40-metre-wide previously unmapped fault c ...
Coppernico Completes Gravity and Magnetic Surveys and Refines Large Skarn-Porphyry Targets
Globenewswire· 2026-02-25 12:00
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF, FSE: 9I3) (“Coppernico” or the “Company”), is pleased to report initial results from the recently completed gravity, magnetic, and high-resolution photogrammetry surveys covering the area between Antapampa and Tipicancha at its Sombrero Project in Peru (Figure 1). These high-resolution datasets significantly increase confidence in subsurface geological interpretation and refine the three-dimension ...
Canterra Minerals Extends Lundberg Deposit with 86m of 0.91% CuEq at Buchans Project, Newfoundland
Globenewswire· 2026-02-25 12:00
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Canterra Minerals Corporation (TSXV:CTM) (OTCQB: CTMCF) (FSE:DXZB) (“Canterra” or the “Company”) is pleased to announce drill results from the 2025 program at its Buchans Project in the Central Newfoundland Mining District, extending mineralization at the Lundberg Deposit and validating new, deep-seeking 3DIP targets across the district. The 2025 results confirm depth continuity of the Lundberg system and support potential resource expansion wit ...
Red Canyon Announces Non-Brokered Private Placements for Gross Proceeds of up to C$3,500,000
Thenewswire· 2026-02-25 11:30
Core Viewpoint - Red Canyon Resources Ltd. is planning to raise up to $3,500,000 through two concurrent non-brokered private placements to support its exploration and advancement of copper and copper/gold projects in British Columbia and the Western United States [1][3]. Group 1: Private Placement Details - The first offering, known as the LIFE Offering, aims to raise up to $2,000,000 by selling up to 10,000,000 common shares at a price of $0.20 per share, with immediate tradeability upon issuance [1][4]. - The second offering, referred to as the Concurrent Offering, seeks to raise up to $1,500,000 through the sale of up to 7,500,000 units at a price of $0.20 per unit, where each unit consists of one common share and one-half of a common share purchase warrant [2][4]. Group 2: Use of Proceeds - The net proceeds from both offerings will be utilized for the exploration and advancement of the company's copper and copper/gold projects, as well as for working capital and general corporate purposes [3]. Group 3: Regulatory Compliance and Conditions - The LIFE Shares will be offered to residents in specific Canadian provinces and will be immediately tradeable under applicable Canadian securities legislation [4]. - The offerings are expected to close around March 20, 2026, subject to necessary regulatory approvals, including from the Canadian Securities Exchange [6]. Group 4: Related Party Transactions - Directors and officers of the company may participate in the offerings, which will be classified as a "related party transaction" and are expected to be exempt from certain formal valuation and minority shareholder approval requirements [7].