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Canterra Minerals Announces Increase to Private Placement to Fund Exploration in Newfoundland
Globenewswire· 2025-12-19 22:05
Core Viewpoint - Canterra Minerals Corporation has announced an increase in its non-brokered flow-through private placement, aiming for total gross proceeds of up to C$5.7 million to support exploration activities in Newfoundland [1]. Group 1: Private Placement Details - The Upsized Private Placement will offer up to 10,940,000 Critical Minerals flow-through shares at a price of $0.25 per share, generating gross proceeds of up to C$2,735,000 [2]. - Additionally, up to 12,891,304 National flow-through shares will be offered at a price of $0.23 per share, with expected gross proceeds of up to C$2,965,000 [3]. - The total gross proceeds from both share offerings will be utilized for Canadian exploration expenses, qualifying as "flow-through critical mineral mining expenditures" and "flow-through mining expenditures" as defined by the Income Tax Act [4]. Group 2: Use of Proceeds - The net proceeds from the Upsized Private Placement will be directed towards the exploration of the Company's projects in central Newfoundland, specifically the Wilding Gold and Buchans Projects [5]. Group 3: Closing and Regulatory Information - The Upsized Private Placement is anticipated to close on December 23, 2025, subject to necessary approvals, including that of the TSX Venture Exchange [7]. - The shares will be subject to a hold period of four months plus one day following the closing date under applicable Canadian securities laws [7]. Group 4: Company Overview - Canterra Minerals is a diversified minerals exploration company focused on critical minerals and gold in central Newfoundland, with projects located near historically significant mining sites [9]. - The Company’s gold projects are strategically positioned along a structural corridor that hosts mineralization related to Equinox Gold's Valentine mine [10].
Re-Grant of Expired Options
Thenewswire· 2025-12-19 22:00
Group 1 - Peloton Minerals Corporation has re-granted 2,100,000 incentive stock options to its directors, replacing options that expired on December 18, 2025 [1] - The new options are exercisable over five years at an exercise price of $0.115 [1] - The company has a total of 150,228,177 common shares issued and outstanding [2] Group 2 - Peloton's exploration portfolio includes the North Elko Lithium Project, which is prospective for lithium, uranium, critical and rare earth minerals [3] - The company also has gold projects, namely the Golden Trail and Independence Valley Carlin style projects, located in northeastern Nevada [3] - Additionally, Peloton holds a non-controlling interest in a copper porphyry project near Butte, Montana [3]
Tower Resources Provides Corporate Update
TMX Newsfile· 2025-12-19 22:00
Core Viewpoint - Tower Resources Ltd. has entered into market-making and capital markets consulting agreements to enhance liquidity and market presence, pending approval from the TSX Venture Exchange [1][4]. Group 1: Market-Making Agreement - Tower Resources has engaged ICP Securities Inc. as the sole provider of market-making services, with the aim of maintaining an orderly market and improving liquidity for its common shares [2]. - ICP Securities will receive CDN$7,500 per month for its market-making services [2]. - The market-making agreement has an initial term of four months, automatically renewing on a month-to-month basis unless terminated with thirty days' written notice [4]. Group 2: Capital Markets Consulting Agreement - Insight Capital Partners Inc. will provide capital markets consulting services but will not engage in market-making or trading services [3]. - The consulting agreement does not include performance-based compensation, and neither ICP Securities nor Insight will receive shares or options as compensation [4]. Group 3: Company Overview - Tower Resources is a Canadian mineral exploration company focused on discovering and advancing economic mineral projects in the Americas [6]. - Key exploration assets include the Rabbit North gold and copper-gold project, the Nechako gold-silver project, and the More Creek epithermal gold project, all located in British Columbia [6].
Nio Strategic Metals Closes Flow-Through Shares Private Placement to Advance Oka Explorations
TMX Newsfile· 2025-12-19 21:19
Core Viewpoint - Nio Strategic Metals Inc. has announced a private placement of 6,400,000 flow-through common shares, aiming to raise approximately $800,000 for exploration activities on its Oka property in Quebec [1][3]. Group 1: Private Placement Details - The private placement will be conducted under prospectus exemptions and is subject to final acceptance by the TSX Venture Exchange [2]. - A four-month hold period will apply to the shares issued in the private placement [2]. - The company issued 210,000 common shares and paid commissions totaling $26,250 in connection with the private placement [2]. Group 2: Use of Proceeds - Proceeds from the private placement will be exclusively allocated for qualifying Canadian Exploration Expenditures, specifically for an exploration and mineral resource evaluation program on the Oka property [3]. - The exploration aims to determine the existence, location, extent, and quality of niobium and other critical metals on the property [3]. - The proceeds will be renounced to subscribers with an effective date no later than December 31, 2026, totaling not less than the gross proceeds raised [3]. Group 3: Company Overview - Nio Strategic Metals is focused on exploration and development, with the goal of becoming a ferroniobium producer [5]. - The company holds niobium properties in Oka and near Mont-Laurier, as well as another exploration property in Quebec [5].
Argyle Announces up to C$500,000 Private Placement
TMX Newsfile· 2025-12-19 21:15
Core Viewpoint - Argyle Resources Corp. plans to conduct a non-brokered private placement to raise up to $500,000 through the issuance of units priced at $0.15 each, which will consist of common shares and purchase warrants [1][2]. Group 1: Private Placement Details - The private placement will consist of up to 3,333,333 units, with each unit comprising one flow-through common share and one-half of a common share purchase warrant [1]. - Each half warrant will allow the holder to purchase one-half of a non-flow-through common share at a price of $0.20 for a period of 24 months [1]. - The net proceeds will be used for Canadian exploration expenses that qualify as flow-through mining expenditures under the Income Tax Act (Canada) [2]. Group 2: Company Overview - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring, exploring, and evaluating natural resource properties in North America [3]. - The company holds a 100% interest in several silica projects in Québec, Canada, and has options to acquire additional properties in Ontario and Nova Scotia [3]. - Argyle is engaged in a research partnership with the National Institute of Scientific Research in Québec to conduct exploration programs on its silica projects [3]. Group 3: Company Background - Argyle Resources Corp. was incorporated in 2023 and is headquartered in Calgary, Alberta, Canada [4].
Lucky Announces $1,080,000 Non-Brokered Private Placement Of Flow-Through Units & Non-Flow-Through Units And Corporate Update
Thenewswire· 2025-12-19 20:25
Core Viewpoint - Lucky Minerals Inc. has announced a non-brokered private placement of flow-through and non-flow-through units, aiming to raise gross proceeds of $1,080,000 to fund exploration activities and general working capital [1][6]. Group 1: Private Placement Details - The private placement will consist of 2,000,000 flow-through units at a price of $0.10 each and 8,800,000 non-flow-through units at the same price, totaling $1,080,000 in gross proceeds [2]. - Each flow-through unit includes one common share and one common share purchase warrant, with the warrant exercisable for an additional common share at an exercise price of $0.15 for five years [3]. - Non-flow-through units will also consist of one common share and one full warrant, with the same exercise price and duration as the flow-through units [4]. Group 2: Use of Proceeds and Conditions - The net proceeds from the private placement will be allocated to the exploration of the Prudhomme property in Northern Quebec and for general working capital [6]. - The private placement is expected to close in one or more tranches, subject to regulatory approvals, including those from the TSX Venture Exchange [6]. Group 3: Regulatory and Compliance Information - The company is currently under a failure-to-file cease trade order (FFCTO) but received a partial revocation order to allow marketing of the private placement [7]. - A significant portion of the funds raised will be held in escrow until conditions related to the lifting of the FFCTO and exchange approval are met, with only 15% of the funds available prior to full revocation [9]. - All securities issued will be subject to a four-month hold period from the date of issuance in accordance with applicable securities legislation [8]. Group 4: Prudhomme Property Agreement - The company has amended agreements regarding the Prudhomme property, extending the Outside Date to October 31, 2025, and confirming the transfer of mineral claims to Patricia Lafontaine [10].
Lucky Announces Effective Date Of Share Consolidation Of Common Shares
Thenewswire· 2025-12-19 20:25
Core Viewpoint - Lucky Minerals Inc. will undergo a share consolidation effective October 2, 2025, converting ten pre-consolidation shares into one post-consolidation share, reducing the total from approximately 202.25 million to about 20.23 million shares [1][2]. Group 1: Share Consolidation Details - The share consolidation will not result in the issuance of fractional shares [1]. - The company's name and stock symbol will remain unchanged post-consolidation, with a new CUSIP number of 549546505 and a new ISIN of CA5495465059 for the post-consolidation shares [2]. Group 2: Trading Resumption - The TSX Venture Exchange will issue a bulletin on September 30, 2025, confirming the effective date of the share consolidation [3]. - Following the revocation of a cease trade order by the British Columbia Securities Commission, the company plans to apply for reinstatement of its shares for trading on a post-consolidation basis [3]. Group 3: Company Overview - Lucky Minerals Inc. is focused on exploration and development of large-scale mineral systems in proven districts, aiming to host world-class deposits [5].
Morocco Strategic Minerals Closes Private Placement for a Total Amount of $600,000
Globenewswire· 2025-12-19 18:54
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES MONTREAL, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation. (TSXV: MCC) ("MCC" or the "Corporation") announce the closing of a non-brokered private placement, raising total gross proceeds of $600,000 through the issuance of 6,000,000 units of the Corporation ("Units") at a price of $0.10 per Unit (the "Offering"). Each Unit consists in one common share of the Corporation (a “Common Share”) and on ...
American Lithium Minerals, Inc. Announces Strategic Acquisition of Three High-Value Quebec Mineral Projects to Drive Shareholder Growth
Prnewswire· 2025-12-19 14:53
Core Insights - American Lithium Minerals, Inc. (AMLM) has secured exclusive options on three significant mineral properties in Quebec, Canada, enhancing its portfolio in critical and precious metals projects [1][4] - The acquisitions position AMLM to meet the increasing global demand for lithium, copper, nickel, gold, silver, and rare earth elements (REE) [1][4] Acquired Exclusive Options - The three projects include the Piscau-North Polymetallic Project, QC Real Earth Elements (REE) Project, and Couture Project, each offering unique mineral opportunities [7] Key Highlights - The Piscau-North Polymetallic Project is one of the largest in Quebec, featuring gold, copper, nickel, and lithium, providing multi-commodity exposure [7] - The QC Real Earth Elements Project boasts some of the highest REE grades in North America, with assays reaching up to 59% REE, supporting the demand for clean energy [7] - The Couture Project, located on the Quebec–Labrador border, has significant copper deposits with historical high-grade results, including copper grades up to 65% and silver assays of 420 g/t [7] Strategic Impact - The acquisitions are seen as a pivotal milestone for AMLM, enhancing its asset base and positioning the company for sustained growth and increased shareholder value [4] - The diversified portfolio allows AMLM to access multiple high-growth markets, with a focus on long-term growth potential through joint ventures and partnerships [7]
Triple One Metals Elects 4 Directors at 2025 Annual General Meeting
Globenewswire· 2025-12-19 14:00
Triple One Metals Owns the Caledonia Brook Project in Central NewfoundlandVancouver, British Columbia, Dec. 19, 2025 (GLOBE NEWSWIRE) -- December 19, 2025 – Triple One Metals Inc. ("Triple One" or the "Company") (CSE:TONE) is please to announce nominees listed in the Company's management information circular which was mailed to shareholders of record as of November 18, 2025 were elected to the board of directors of the Company to hold office until the next annual meeting of shareholders or until their succe ...