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Minerals Technologies Inc. Announces Second Quarter 2025 Conference Call on July 25, 2025
Globenewswire· 2025-06-26 14:00
NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI”) announced today that it will release results for its second quarter ended June 29, 2025, on Thursday, July 24, 2025, after the market close. MTI will host a conference call on Friday, July 25, 2025, at 11 a.m. Eastern Time (ET) to discuss these results. Investors and other interested parties can access the webcast and presentation materials on MTI’s Investor Relations page and pre-register for the webcast at any time ...
Dolly Varden Silver Closes $28.76 Million Bought-Deal Financing, With Participation by Eric Sprott
Newsfile· 2025-06-26 13:26
Core Viewpoint - Dolly Varden Silver Corporation has successfully completed a bought-deal private placement, raising a total of $28,755,500 through the sale of common shares and flow-through shares for exploration and working capital purposes [1][3]. Group 1: Financial Details - The company sold 2,445,500 common shares at $4.60 each, generating gross proceeds of $11,249,300 [1]. - Additionally, 1,128,000 charity flow-through shares were sold at $6.65 each, raising $7,501,200 [1]. - The company also issued 1,740,000 flow-through shares at $5.75 each, resulting in gross proceeds of $10,005,000 [1]. Group 2: Use of Proceeds - Net proceeds from the common shares will be allocated for working capital and general corporate purposes [3]. - Proceeds from the charity flow-through shares and flow-through shares will be directed towards further exploration, mineral resource expansion, and drilling in the Kitsault Valley project and other mineral properties [3]. Group 3: Underwriting and Fees - The offerings were conducted under an underwriting agreement with a syndicate led by Research Capital Corporation and Raymond James Ltd., among others [2]. - The underwriters received a cash fee of $1,437,775, which is 5.0% of the gross proceeds from the offerings [4]. Group 4: Company Overview - Dolly Varden Silver Corporation is focused on advancing its 100% held Kitsault Valley Project, which includes high-grade silver and gold resources [6][7]. - The project is located in the Golden Triangle of British Columbia and is considered prospective for further precious metal deposits [6][7].
Lodestar Metals to Resume Trading on TSXV on Friday, June 27, 2025
Newsfile· 2025-06-26 13:00
Group 1 - Lodestar Metals Corp. will resume trading on the TSX Venture Exchange on June 27, 2025, following the completion of its acquisition of the Gold Run Property [1][2] - The Gold Run Property is located in Humboldt County, Nevada, and is considered a highly prospective gold project [2][4] - The company has strengthened its leadership team with the appointment of David Christie as a director and Don McDowell as a Strategic Advisor [2][3] Group 2 - The President and CEO of Lodestar, Lowell Kamin, expressed optimism about the company's growth and commitment to long-term shareholder value through disciplined exploration and strategic execution [3] - Lodestar's flagship assets include the Gold Run Property and the Peny Property in the Snow Lake District of Manitoba, focusing on high-impact exploration and strategic acquisitions [4]
SAGA Metals Mobilizes and Commences Summer Work Programs at Recently Drilled 100% Owned Radar Titanium Property in Labrador, Canada & Provides Corporate Update
Globenewswire· 2025-06-26 13:00
VANCOUVER, British Columbia, June 26, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to announce the mobilization and commencement of its 2025 summer field program at the 100% owned Radar Titanium Property (the “Property”) in Labrador, Canada. Field crews arrived on site on June 17 and have initiated ground-based geophysical surveys targeting future high-priori ...
OTC Markets Group Welcomes Star Copper Corp. to OTCQX
GlobeNewswire News Room· 2025-06-26 11:00
Core Points - Star Copper Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which signifies a milestone for the company [1][3][4] - The upgrade reflects the company's strategic planning and commitment to fiscal health, compliance, and corporate governance, aiming to increase visibility among U.S. investors [4][5] - Star Copper's flagship project is located in British Columbia's Golden Triangle, focusing on advancing copper-gold exploration with plans for geological mapping, drilling, and environmental studies [5] Company Overview - Star Copper Corp. is a mineral exploration company dedicated to advancing Canadian mining projects, particularly in the copper-gold sector [5] - The company is focused on its Star Project, which has confirmed open mineralization and plans for further exploration and resource estimation [5] - Star Copper aims to support the growing global demand for electrification through sustainable development and value creation [5] Market Context - The OTCQX Market is designed for established companies that meet high financial standards and corporate governance practices, enhancing their visibility and access to U.S. investors [3][6] - OTC Markets Group Inc. operates regulated markets for trading a wide range of U.S. and international securities, providing critical market infrastructure for broker-dealers [6][7]
Abcourt Closes Private Placement of Debenture and Equity to Restart Sleeping Giant Mine
Globenewswire· 2025-06-26 11:00
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ROUYN-NORANDA, Quebec, June 26, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it has closed its previously announced non-brokered private placement of secured convertible debenture (the “Debenture”) for gross proceeds of $3,000,000 (the “Debenture Offering”). Debenture Offering The Debenture will bear interest at the Term SOFR pl ...
Churchill Resources Announces Fully Subscribed $700,000 Private Placement and Strategic Leadership Changes to Bolster Growth and Operational Execution
Globenewswire· 2025-06-26 11:00
Core Viewpoint - Churchill Resources Inc. is undertaking a non-brokered private placement to raise up to $700,000 and is implementing a strategic leadership transition to enhance its capital markets presence and operational execution as it advances its projects in Newfoundland and Labrador [1][2]. Private Placement Financing - The private placement will consist of up to 14,000,000 common shares priced at $0.05 per share, with proceeds aimed at advancing exploration activities and general corporate purposes [2]. - The expected closing date for the private placement is around July 9, 2025, pending approval from the TSX Venture Exchange [2]. Strategic Leadership Changes - The leadership transition aims to strengthen the company's strategic and operational capabilities while maximizing continuity benefits [3]. - Conan McIntyre will focus on corporate strategy, capital markets activities, and business development, while Paul Sobie will concentrate on advancing exploration programs [4]. Exploration Focus - Paul Sobie expressed enthusiasm for dedicating full attention to exploration activities at key sites including Black Raven, Taylor Brook, and Florence Lake, aiming to accelerate field programs and maximize asset value [6]. - The Black Raven property is highlighted as a significant exploration opportunity with a polymetallic metal assemblage and historical production evidence, which has not been drilled using modern techniques [7]. Management Experience - The management team and board of Churchill Resources Inc. possess extensive experience in mineral exploration and establishing successful publicly listed mining companies, both in Canada and globally [7].
Drilling Extends Mineralized Zone at ArcWest's Oweegee Dome Cu-Mo-Au-Ag Project
Newsfile· 2025-06-26 03:04
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest") is pleased to provide an update on drill results from the 2024 drill program at its Oweegee Dome Porphyry Cu-Au-Mo-Ag Project in B.C.'s Golden Triangle. The 2024 program was funded and operated by Sanatana Resources (TSX: STA), see Sanatana Resources press release dated November 11, 2024). The program tested two targets on the property: a deep geophysical target (Junction target) and the shallow ...
Hi-View Closes Non-Brokered Private Placement for Gross Proceeds of $480,000
Globenewswire· 2025-06-26 00:00
Core Viewpoint - Hi-View Resources Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $480,000 by issuing 4,800,000 units at a price of $0.10 per unit [1][4]. Group 1: Private Placement Details - Each unit consists of one common share and one transferable common share purchase warrant, with each warrant allowing the purchase of an additional share at $0.12 for 36 months [2]. - The company received an exception from the requirement to obtain shareholder approval for issuing more than 100% of its issued share capital on a fully diluted basis due to financial hardship and approval from independent directors [3]. - The net proceeds will be used for general corporate purposes, including payables and exploration activities on the Toodoggone Projects [4]. Group 2: Finder's Fees and Participation - Finder's fees of 150,000 broker warrants were paid to Haywood Securities Inc., with each warrant allowing the acquisition of one additional common share at $0.12 for 36 months [5]. - No insiders of the company participated in the private placement [5]. Group 3: Company Overview - Hi-View Resources Inc. is focused on mineral exploration for gold, silver, and copper in the Toodoggone region of northern British Columbia, covering 9,749 hectares [6]. - The Golden Stranger project is fully permitted with 45 drill-ready sites, and historical drilling has shown significant gold grades, indicating strong exploration potential [6].
Nevada Zinc Completes Sale of Nevada Mineral Claims
Globenewswire· 2025-06-25 23:59
Core Viewpoint - Nevada Zinc Corporation has completed the sale of its mineral claims in Eureka County, Nevada to Minaurum Gold Corp, which includes both owned and leased claims, as part of a strategic move to enhance shareholder value [1][3][10]. Group 1: Transaction Details - The transaction involves 203 mineral claims, including 1 patented claim and 26 unpatented lode claims owned by the Company's subsidiary, as well as 176 unpatented lode claims held through a long-term lease [2]. - Minaurum Gold Corp exercised an exclusive option to acquire 100% of the Company's rights in the owned and leased claims by issuing 3,846,893 common shares valued at $1,000,000 and paying a cash fee of $100,000 [3]. - The transaction was approved by the Company's shareholders on February 7, 2025, and further details are available in the Company's information circular [4]. Group 2: Listing and Financial Implications - Following the transaction, the Company will not meet the Tier 2 Continued Listing Requirements of the TSX Venture Exchange, resulting in its shares being transferred to the NEX Board [5]. - The Company received a secured loan of $173,321.07 from a director, which was used for various operational expenses, and the loan has been extended until repayment is feasible [6][7]. - The loan is considered a related party transaction, and the Company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the low market capitalization impact [8]. Group 3: Strategic Direction - The Company is exploring strategic alternatives to enhance shareholder value, indicating a proactive approach to its financial and operational strategy [10].