Critical Metals Exploration
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Sparton Announces Closing of First Tranche of Private Placement Offering of C$500,000 for its Critical Metals Exploration Programs
Globenewswire· 2025-11-11 14:56
Core Viewpoint - Sparton Resources Inc. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of C$210,000 to fund exploration projects in Quebec [1][4]. Group 1: Offering Details - The company issued 6,000,000 Quebec Flow-Through Share (QFTS) Units at a price of C$0.035 per unit, resulting in total proceeds of C$210,000 [2]. - Each QFTS Unit consists of one common share and one-half of a non-flow-through Share Purchase Warrant (SPW), totaling 3,000,000 full SPWs [2]. - Each full SPW allows the holder to purchase one common share at a price of C$0.08 for a period of 12 months following the issue date [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to the exploration of Critical Metals projects in Quebec, particularly the Pense-Montreuil polymetallic metals project [4]. - Historical work at the project site has identified mineralization of zinc, copper, and nickel, with minimal exploration conducted in over 20 years [4]. - Planned activities include follow-up prospecting of airborne survey targets and diamond core drilling [4]. Group 3: Regulatory and Compliance - The closing of the offering has received necessary regulatory approvals, including from the TSX Venture Exchange [6]. - Finders fees totaling C$14,700 in cash and 420,000 full broker warrants have been paid to third-party finders [6]. - The securities offered are not registered under the U.S. Securities Act and cannot be sold in the United States without proper registration or exemption [8].
Temas Exercises Option Agreement to Purchase 100% Ownership of ORF Technologies Inc.
Accessnewswire· 2025-10-30 13:30
Core Insights - ORF Technologies Inc. is now a 100% wholly-owned subsidiary of Temas Resources Corp [1] - The company holds eleven distinct process patents known as the Temas Regenerative Chloride Leach ("RCL") technology [1] - RCL technology is an innovative platform for the hydrometallurgical processing of complex ores in an environmentally sensitive manner [1] - The technology enhances the recovery of critical metals, battery metals, platinum group minerals, precious and base metals, and rare earth elements [1]
Sparton Announces Private Placement Offering of up to C$500,000 For its Critical Metals Exploration Programs
Globenewswire· 2025-10-30 11:30
Core Viewpoint - Sparton Resources Inc. is initiating a non-brokered private placement to raise gross proceeds of up to C$500,000 for exploration of its Critical Metals projects in Ontario and Quebec [1][4]. Group 1: Offering Details - The Offering will consist of Units, including Quebec Flow Through Shares (QFTS), Federal Flow Through Shares (FFTS), Non-Flow Through Shares (NFTS), and Share Purchase Warrants (SPW) [2]. - NFTS units will be priced at C$0.03, comprising one common share and one SPW, allowing the purchase of an additional common share at C$0.05 for 24 months [3]. - FTS units will be offered at C$0.035, consisting of one common share and a half SPW, with the full SPW allowing the purchase of a common share at C$0.08 for 12 months [4]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated to exploration activities for Critical Metals projects, including the Pense-Montreuil polymetallic metals project [4]. - The gross proceeds from FTS will be used to incur Canadian exploration expenses, which will be renounced to purchasers by December 31, 2025 [5]. Group 3: Regulatory and Compliance - The closing of the Offering is contingent upon receiving necessary regulatory approvals from the TSX Venture Exchange [6]. - The securities offered will not be registered under the U.S. Securities Act and cannot be sold in the United States without proper registration or exemption [7].
Temas Successfully Lists on the ASX
Accessnewswire· 2025-10-26 22:30
Core Insights - Temas Resources Corp. is a technology-driven critical metals exploration company focused on reshoring Western metal production through patented processing intellectual property and strategic exploration assets [1] - The company has successfully listed on the ASX after raising AU$11 million at a share price of AU$0.20, with significant backing from Terra Capital, a seasoned technology investor [1] - The raised funds will be utilized to advance the company's innovative metallurgical technologies and progress its critical mineral projects towards feasibility [1]
Metal Energy Provides Corporate Update
Newsfile· 2025-10-17 10:00
Core Viewpoint - Metal Energy Corp. is updating its projects and announcing a share consolidation to enhance its capital structure and evaluate new acquisition opportunities in high-quality mining jurisdictions [1][2]. Project Updates - The company is actively assessing additional acquisition opportunities to expand its portfolio in prolific mining areas, specifically the Highland Valley District and the Thompson Nickel Belt [2]. Corporate Update - A consolidation of outstanding Common Shares will occur at a ratio of one new Common Share for every five currently outstanding shares, reducing the expected shares from 141,346,980 to approximately 28,269,396 post-consolidation [3][4]. - The consolidation is set to take effect on October 20, 2025, pending approval from the TSX Venture Exchange [4]. Shareholder Information - Registered shareholders will receive replacement certificates or direct registration advice for their post-consolidation shares, while holders of uncertificated shares will have their accounts electronically adjusted [5][6]. - The exercise price and number of Common Shares under outstanding warrants and stock options will be proportionately adjusted to reflect the consolidation [7]. Additional Information - Metal Energy operates two high-potential projects in Canada: the Manibridge project (Ni-Cu-Co-PGE) in Manitoba and the Highland Valley Project (Cu-Mo-Ag-Au-Re) in British Columbia [9].
Milestone Expands Global IP Footprint As Third-Party Validation Underway
Thenewswire· 2025-10-07 12:30
Core Viewpoint - VanadiumCorp Resource Inc. has received an allowance for its Canadian Patent Application for the VanadiumCorp Electrochem Process Technology (VEPT™), marking a significant milestone in expanding its intellectual property and enhancing its status in Canada from "pending" to "allowed" [1][2]. Intellectual Property and Technology - The VEPT™ technology, developed by Dr. François Cardarelli, is designed to recover vanadium, iron, and titanium from vanadiferous titanomagnetite and other feedstocks [2]. - With the Canadian allowance, VEPT™ is now patented or allowed in multiple countries including the USA, South Africa, Australia, India, and Canada, with pending applications only in Europe [3]. - The company has partnered with Electrochem Technologies & Materials Inc. for laboratory and prototype testing of VEPT™, which is being conducted in Boucherville, Quebec [3]. Environmental Impact and Process Efficiency - The VEPT™ process utilizes concentrated sulfuric acid to digest vanadiferous titanomagnetite, significantly reducing energy consumption compared to traditional pyrometallurgical methods [5]. - The process efficiently recovers valuable by-products such as ferrous sulfate heptahydrate, titanium hydrolysate, and various vanadium products [5]. Company Overview and Strategic Assets - VanadiumCorp is a Canadian critical metals exploration company with full ownership of two key properties in Québec: the Lac Doré property and the Iron-T property, both recognized for their high-quality vanadium resources [7]. - The Lac Doré deposit is noted as one of North America's premier undeveloped vanadium mineral resources, while the Iron-T deposit shares similar geological characteristics [7]. Future Initiatives - The company is advancing its VEPT™ technology to ensure a stable supply of critical metals and high-quality vanadium feedstock for electrolyte production [9]. - An initial electrolyte pilot plant has been constructed in Val-des-Sources, Québec, aimed at evaluating extracted materials and initiating commercial-scale production for Vanadium Redox Flow Batteries (VRFBs) [10].
VanadiumCorp Resource Shareholders Approve All Matters at AGM
Thenewswire· 2025-10-02 21:05
Core Insights - VanadiumCorp Resource Inc. has successfully held its 2025 annual shareholders' meeting, with all resolutions approved by shareholders [1] - The company is focused on advancing its strategic initiatives in critical mineral resources to create value for shareholders and stakeholders [2] Company Overview - VanadiumCorp is a Canadian exploration company with full ownership of two key properties in Québec: the Lac Doré property and the Iron-T property, with Lac Doré recognized as a premier undeveloped vanadium resource in North America [3] - The Iron-T deposit shares similar geology with Lac Doré and is characterized by low impurity levels and high metallurgical recoveries, reflecting the company's commitment to a sustainable supply of critical minerals [3] Technological Advancements - The company is developing its proprietary VanadiumCorp Electrochem Processing Technology (VEPT) to extract vanadium, titanium, and potentially high-grade iron from vanadiferous titanomagnetite deposits, aiming for a stable supply of critical metals [4] - An initial electrolyte pilot plant has been constructed in Val-des-Sources, Québec, to evaluate the quality of extracted materials and initiate commercial-scale production of electrolytes for Vanadium Redox Flow Batteries (VRFBs) [5]
VanadiumCorp Resource Closes Non-Brokered Private Placement Financing
Thenewswire· 2025-09-23 21:00
Core Viewpoint - VanadiumCorp Resource Inc. has successfully closed a non-brokered private placement financing, raising a total of $396,099.99 to support its working capital and corporate purposes [1][4]. Financing Details - The company issued 3,600,909 Units, with each Unit comprising 1 common share and 1 common share purchase warrant, exercisable at $0.15 for 2 years [2]. - Two insiders subscribed for 960,000 Units, totaling $105,600, qualifying as a related party transaction under MI 61-101 [3]. Company Overview - VanadiumCorp is a Canadian critical metals exploration company, owning 100% of two strategic properties in Quebec: The Iron T and the flagship Lac Doré property [6]. - The company is focused on innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects, aiming for a stable long-term supply of critical metal deposits [6]. - An initial electrolyte facility in Val-des-Sources, Quebec, will evaluate output quality and facilitate initial electrolyte production, with plans to expand production for the international market, particularly for Vanadium Flow Batteries [6].
VanadiumCorp Announces Extension to Hard Dollar Private Placement Financing
Thenewswire· 2025-08-13 23:20
Group 1 - VanadiumCorp Resource Inc. has extended the closing date for its hard dollar financing of up to $500,000 to September 12, 2025 [1] - The company is focused on critical metals exploration and owns 100% of two strategic properties in Quebec: The Iron T and the flagship Lac Doré property [3] - VanadiumCorp is advancing innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects [3] Group 2 - The successful implementation of extraction technologies is expected to ensure a stable, long-term supply of critical metal deposits, including vanadium feedstock for electrolyte production [3] - The initial electrolyte facility located in Val-des-Sources, Quebec, will evaluate output quality and facilitate initial electrolyte production [3] - The company plans to expand its electrolyte production for the international market, specifically targeting long-duration Vanadium Flow Batteries (VRBs) [3]
VanadiumCorp Announces Board Changes to Support Strategic Growth and Welcomes Dr. James Tansey to the Board of Directors
Thenewswire· 2025-07-23 00:55
Core Viewpoint - VanadiumCorp Resource Inc. has appointed Dr. James Tansey to its Board of Directors, enhancing its focus on critical metals, sustainable mining, and renewable energy [1][5]. Group 1: Appointment of Dr. James Tansey - Dr. Tansey brings extensive experience in impact investing and has previously led significant carbon credit initiatives, aligning with VanadiumCorp's commitment to low-carbon operations [2][4]. - His role as a founding advisor to Syniad Innovations highlights his involvement in advancing critical mineral technologies essential for clean energy transition [3]. - Dr. Tansey's background in ESG governance and policy will strengthen the company's board oversight, particularly in areas like Indigenous partnerships and sustainable finance [4]. Group 2: Company Overview - VanadiumCorp is a Canadian critical metals exploration company with full ownership of two strategic properties in Quebec: Iron T and Lac Doré [8]. - The company is focused on innovative technologies for extracting vanadium-titanium and high-grade iron from its projects, aiming for a stable long-term supply of critical metal deposits [8]. - An initial electrolyte facility in Val-des-Sources, Quebec, will evaluate output quality and facilitate the production of electrolytes for Vanadium Flow Batteries [8]. Group 3: Board Changes - The company announced the resignation of Mr. Brian Gusko from the Board of Directors, effective July 16, 2025, and expressed gratitude for his contributions [6].