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Silver Valley Metals Provides Corporate Update and Announces Mutual Termination of Finland Transaction
TMX Newsfile· 2025-12-15 12:00
Core Viewpoint - Silver Valley Metals Corp. has mutually terminated the acquisition of the Leilipalo and Pasto gold projects in Finland and is entering 2026 with a strengthened corporate position and plans for future acquisitions [1][2][4]. Termination of Acquisition - The share exchange agreement to acquire PrivCo, which owns the Leilipalo and Pasto gold projects, has been terminated effective December 12, 2025, as per a mutual termination agreement [2][3]. - PrivCo has assumed certain expenses incurred by Silver Valley related to the proposed transaction, and Silver Valley will receive an equity stake if PrivCo completes a future go-public transaction or sells the projects [10] . AGM Update - At the Annual General Meeting held on December 12, 2025, all matters submitted to shareholders were approved with approximately 99.9% support, including the election of directors and appointment of auditors [3]. Strategic Outlook for 2026 - Silver Valley enters 2026 with a tight share structure of only 19.2 million common shares outstanding, positioning it favorably among its TSXV peers [4]. - The company is actively evaluating high-impact metals projects for acquisition to enhance its asset portfolio, aiming for projects with substantial scale and long-term development potential [4]. Year-End Message to Shareholders - The President & CEO expressed appreciation to shareholders for their support, highlighting the company's disciplined approach and strong positioning as it moves into 2026 [6][7]. Company Assets - Silver Valley holds a significant equity position in Silver Dollar Resources, retains royalty interests in the Ranger-Page project, and owns 100% of the Mexi-Can Lithium-Potash Project in Mexico, which has an NI 43-101 inferred resource of 243,000 tonnes of lithium carbonate equivalent and 12.3 million tonnes of sulphate of potash [8][11].
C3 Metals Intersects 269m at 0.30% Copper, Including 60.4m at 0.41% Copper from 346m in First Ever Drill Hole at Khaleesi Copper Project, Peru
TMX Newsfile· 2025-12-15 12:00
Core Insights - C3 Metals Inc. announced the successful drilling of the first hole at its Khaleesi copper project in southern Peru, which intersected 269.0m at 0.30% copper, including 60.4m at 0.41% copper [1][4][10] Project Overview - The Khaleesi project is a greenfield copper exploration initiative, currently undergoing its first drilling campaign with two diamond drill rigs and a minimum of 6,000m planned [2] - The project is located in the Andahuaylas-Yauri Belt, known for its significant copper skarn and porphyry deposits, with nearby operating mines such as Las Bambas and Constancia [8] Drilling Results - Initial drilling results indicate a well-mineralized magnetite and garnet skarn body, with copper mineralization confirmed beneath a large area of shallow glacial till cover [3][10] - The first drill hole, KHZ5800-001, reported significant assays, including high-grade intervals of copper, gold, and silver [6][10] Mineralization Characteristics - The mineralization encountered includes both skarn and potential porphyry styles, with various copper grades and associated elements such as molybdenum, cobalt, and silver [10][17] - The hole confirmed that copper mineralization extends at least 100m beneath the glacial till, expanding the potential drill target area [4][10] Future Plans - The company plans to conduct follow-up drilling to further explore and define the mineralization along strike, near surface, and at depth [10][22] - An expanded drill program beyond the initial 14-hole, 6,300m plan is under consideration based on the promising results from the first hole [22]
Critical One Energy Announces Upsized CDN$1,250,000 Flow-Through Private Placement
TMX Newsfile· 2025-12-15 11:50
Core Viewpoint - Critical One Energy Inc. is conducting an upsized non-brokered private placement offering of up to 1,250,000 flow-through common shares at a price of CDN$1.00 per share, aiming for gross proceeds of up to CDN$1,250,000 [1][3]. Group 1: Offering Details - The offering will close on or about December 19, 2025, and all securities issued will be subject to a four-month and one-day hold period [3]. - The company may pay finder's fees of up to 6.0% of the gross proceeds raised, which can include cash commissions and common share purchase warrants [2]. Group 2: Use of Proceeds - Gross proceeds from the sale of FT Shares will be used for exploration expenses that qualify as "flow-through critical mineral mining expenditures" under the Income Tax Act (Canada) [3]. Group 3: Company Overview - Critical One Energy Inc. focuses on critical minerals and upstream energy, particularly in antimony and gold, with projects in Canada and uranium interests in Namibia [4]. - The company is strategically positioned to meet the rising global demand for critical minerals and metals, leveraging its technical, managerial, and financial expertise [4].
Azimut and SOQUEM to Participate in LiFT Power’s Consolidation of the Galinée-Adina Lithium District in the James Bay Region of Quebec
Globenewswire· 2025-12-15 11:00
Core Viewpoint - Azimut Exploration Inc. has signed a non-binding letter of intent to restructure its joint venture with SOQUEM, selling a 75% interest in the Galinée Property to LiFT Power Ltd, while retaining a 1.4% NSR royalty and a deferred payment of $1.5 million [1][3][5]. Group 1: Transaction Details - Azimut will acquire 2,000,000 shares from LiFT for a 50% interest in the Galinée Property, while SOQUEM will receive 1,000,000 shares for a 25% interest [3]. - The Galinée Property consists of 649 claims over 335 km and is located in an emerging lithium district, adjacent to the Adina property owned by Winsome Resources [4]. - The transaction is subject to customary closing conditions and requires approval from the TSXV [5]. Group 2: Strategic Implications - The consolidation of the Galinée and Adina properties will allow LiFT to enhance its property package, facilitating further development without boundary constraints [2]. - Azimut aims to focus on its flagship assets while maintaining exposure to lithium districts through equity ownership and retained royalties [2]. Group 3: Technical Information - The Galinée Property has shown high-grade lithium mineralization, with notable drill results including 1.62% Li₂O over 158.0m and 2.68% Li₂O over 54.6m [4]. - Additional exploration targets have been identified on the property, indicating potential for further resource development [4].
Azimut and SOQUEM to Participate in LiFT Power's Consolidation of the Galinée-Adina Lithium District in the James Bay Region of Quebec
Globenewswire· 2025-12-15 11:00
Core Viewpoint - Azimut Exploration Inc. and SOQUEM Inc. have signed a non-binding letter of intent to restructure their joint venture on the Galinée Property by selling a total of 75% interest in the Property to LiFT Power Ltd, which aligns with Azimut's strategy to focus on flagship assets while retaining exposure to lithium districts through equity ownerships and royalties [1][2]. Group 1: Transaction Details - LiFT will acquire a 50% interest in the Galinée Property from Azimut by issuing 2,000,000 shares and an additional 25% interest from SOQUEM by issuing 1,000,000 shares [3]. - Azimut will retain a 1.4% NSR royalty on the Galinée Property and is entitled to a deferred payment of $1,500,000, payable in cash or shares, contingent on the completion of a preliminary economic study or within 18 months [3]. Group 2: Property Overview - The Galinée Property consists of 649 claims covering an area of 335 km² and is located in an emerging lithium district, approximately 50 kilometers from the Renard diamond mine [4]. - High-grade mineralization has been identified in the northern part of the Galinée Property, with notable drill results including 1.62% Li₂O over 158.0m, 2.48% Li₂O over 72.7m, and 2.68% Li₂O over 54.6m [4]. Group 3: Company Background - Azimut is recognized for its extensive mineral exploration portfolio in Quebec, focusing on strategic land positions for various minerals including lithium [10]. - The company employs a pioneering approach using big data analytics for target generation and maintains a strong financial position with strategic investors holding significant shares [10][11].
Apex Discovers Mineralized Carbonatite at its Lac Le Moyne Project, Québec
Accessnewswire· 2025-12-15 08:01
Core Insights - Apex Critical Metals Corp. has announced a new carbonatite discovery at its 100%-owned Lac Le Moyne Project in Nunavik, Québec [1] Company Summary - Apex Critical Metals Corp. is a Canadian mineral exploration company focused on the identification and development of critical and strategic metals [1] - The company is pleased with the results from the new discovery, indicating progress in its exploration efforts [1] Project Summary - The Lac Le Moyne Project is highlighted for its new carbonatite occurrence, which may enhance the project's potential for critical metal resources [1]
Kirkstone Metals Appoints Clee Roy as Government & Strategic Funding Consultant
Thenewswire· 2025-12-15 07:00
Core Insights - Kirkstone Metals Corp. has engaged Clee Roy as the Government & Strategic Funding Consultant to enhance its funding opportunities for mineral exploration and development initiatives [1][2][4] Engagement Scope - Mr. Roy will identify, evaluate, and manage government and non-government funding opportunities at various levels, overseeing the entire funding lifecycle [2][5] - The appointment reflects significant capital commitments from Canadian governments to support critical minerals and clean-energy supply chains, creating opportunities for exploration-stage companies [3][6] Government Funding Environment - Canada's Critical Minerals Strategy has committed up to CAD $3.8 billion for critical-mineral exploration and supply-chain development, including uranium [6] - Recent federal budgets reaffirmed expanded funding for mineral exploration tax credits and clean-energy infrastructure [6] - The Government of Saskatchewan supports uranium exploration through regulatory alignment and infrastructure investment [6] CEO Commentary - The CEO of Kirkstone expressed confidence in Mr. Roy's experience with funding programs, which aligns with the company's growth strategy [4][7] About Clee Roy - Clee Roy has over 30 years of international experience, specializing in securing government and industry funding related to critical minerals and clean-energy initiatives [7][8] Company Overview - Kirkstone Metals Corp. focuses on uranium assets to support the transition to clean energy, with projects located in the Athabasca Basin [9]
St-Georges announces results of its 2025 annual general meeting of shareholders
Thenewswire· 2025-12-15 01:30
Core Points - St-Georges Eco-Mining Corp. held its Annual General Meeting (AGM) on December 12, 2025, with a total of 108,644,912 shares voted, representing 34.77% of the outstanding shares [1] - The voting results showed significant support for the election of directors and the appointment of auditors, with the majority of votes in favor [3][4] - The company is undergoing meaningful operational changes, particularly in the battery recycling and processing sector, and remains committed to its long-term vision despite challenges [5][6] Voting Results - A total of 91,627,802 shares (84.34%) voted in favor of the number of directors, while 17,017,110 shares (15.66%) voted against [3] - Frank Dumas received 69,540,864 votes (83.51%) in favor of his election, with 13,734,387 votes (16.49%) against [3] - The appointment of the auditor received 94,737,349 votes (87.20%) in favor, with no votes against [3] Company Operations - The company is actively engaged in the battery recycling sector, which has seen many participants exit, indicating a challenging environment [6] - St-Georges Eco-Mining Corp. is focused on developing new technologies and holds a diversified portfolio, including advanced battery processing, metallurgical R&D, and high-grade gold exploration projects [10] - Management's long-term compensation is aligned with shareholder interests, emphasizing equity ownership and value creation [7]
New Age Metals (CVE:NAM) Stock Price Up 32.4% – Here’s Why
Defense World· 2025-12-14 08:03
Group 1 - New Age Metals has a market capitalization of C$24.58 million and a P/E ratio of -61.67, indicating a negative earnings performance [2][3] - The company has a quick ratio of 17.88 and a current ratio of 52.48, suggesting strong liquidity [2][3] - The stock price of New Age Metals rose by 32.4% on a recent Friday, trading as high as C$0.48, with a significant increase in trading volume [5] Group 2 - Fundamental Research set a price target of C$0.95 for New Age Metals, with a "buy" rating from one investment analyst [1] - The stock currently has an average rating of "Buy" and a consensus price target of C$0.95 according to MarketBeat [1] - The company's 50-day moving average is C$0.36, while the 200-day moving average is C$0.29, indicating potential price trends [2]
Metalero Closes Second Tranche of Oversubscribed Private Placement
Newsfile· 2025-12-13 00:12
Core Points - Metalero Mining Corp. has successfully closed the second tranche of its non-brokered private placement, raising a total of $108,679.83 through the sale of 517,523 flow-through units at a price of $0.21 per unit [1][2] - Each flow-through unit consists of one common share and one warrant, allowing the purchase of an additional share at $0.26 for two years [2] - The proceeds from this offering will be allocated to exploration work at the Benson Project, including further sampling and ground geophysics [4] Financial Details - The second tranche generated gross proceeds of $108,679.83 from the sale of flow-through units [2] - Metalero paid $8,694 in cash and issued 41,402 finder's warrants to eligible finders [3] - Each finder's warrant allows the purchase of one common share at $0.21 for two years [3] Project Background - The Benson Project is located in the Quesnel Trough, a significant mineral belt in Canada, known for its copper-gold porphyry occurrences [7] - The project area is accessible via Highway 26 and logging roads, facilitating efficient exploration [9] - Recent AI studies have identified high-potential anomalies in the Benson Project area, indicating the presence of gold and copper mineralization [9] Company Overview - Metalero Mining Corp. is a Canadian junior exploration company focused on copper and gold projects in North America [10] - The Benson Project, covering 173 square kilometers, is the company's flagship asset, featuring five prospects with porphyry-related mineralization [10]