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Trojan Gold Inc. Announces Closing of Non-Brokered Private Placement
TMX Newsfile· 2026-03-25 22:45
Core Viewpoint - Trojan Gold Inc. has successfully closed a non-brokered private placement, issuing 501,390 units at a price of $0.10 per unit, aimed at settling outstanding debts of $50,139 to certain creditors [1][2]. Group 1: Offering Details - The offering consisted of units, each comprising one common share and one half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at CDN$0.15 for 24 months [2]. - All securities issued are subject to a statutory hold period of four months and one day from the issuance date [3]. Group 2: Insider Participation - Certain insiders participated in the offering, which is classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [4]. - The fair market value of the securities issued to insiders did not exceed 25% of the company's market capitalization, and no new insiders were created nor was there a change of control due to the offering [4]. Group 3: Company Overview - Trojan Gold Inc. is an Ontario-based prospect generator junior exploration company, focusing on mineral exploration potential in the Hemlo Gold Camp and Shebandowan Greenstone Belt [6]. - The company is led by a team with expertise in exploration, engineering, project financing, and permitting [6].
Portofino Announces New Director and Interim CEO
TMX Newsfile· 2026-03-25 00:46
Company Overview - Portofino Resources Inc. is based in Vancouver, Canada, focusing on exploring and developing mineral resource projects in the Americas [4] - The company holds a 100% interest in the Yergo Lithium Project in Catamarca, Argentina, which is drill-ready and located in the Argentine Lithium Triangle [4] - Additionally, Portofino has a 100% interest in two gold exploration projects in northwestern Ontario, Canada, including the South of Otter project and the Gold Creek project, which has been optioned to Delta Resources Limited [5] Leadership Changes - Mr. Rodney Campbell has been appointed to the board of directors and as Interim CEO, succeeding Mr. David Tafel, who has resigned from his roles as President & CEO but will remain as a strategic advisor [1][2] - Mr. Campbell brings extensive experience in financial services and the energy sector, with 17 years in the oil and gas industry, having worked with companies such as Encana and Apache Corporation [2] Strategic Focus - Mr. Campbell expressed enthusiasm about unlocking the value of the company's project portfolio, particularly highlighting the Yergo Lithium Project and the South of Otter Project, which is near Kinross's Great Bear Project [3] - The company aims to build on the previous leadership's efforts during a challenging period in the critical and precious metals commodity cycles [3]
Tajiri Announces Non-Brokered Private Placement to Raise $1.5 Million
TMX Newsfile· 2026-03-24 21:48
Group 1 - The company, Tajiri Resources Corp., plans to raise up to CDN$1.5 million through a Non-Brokered Private Placement by selling up to 8,333,333 units at a price of $0.18 per unit [1] - Each unit will consist of one common share and one half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional common share at CDN$0.40 for eighteen months from the closing date [1] - The funds raised will be allocated for exploration and development of mineral projects, future acquisitions, and general working capital [1] Group 2 - Tajiri Resources Corp. is a junior gold exploration and development company with assets located in Guyana, South America, and is led by a team with over 100 years of combined industry experience [2] - The company has a track record of discovering approximately 20 million ounces of gold across regions including Western Australia, West Africa, and Guyana [2]
BULGOLD Announces Non-Brokered Private Placement for Gross Proceeds of Up to $1.2 Million
Globenewswire· 2026-03-19 11:00
Core Viewpoint - BULGOLD Inc. is initiating a non-brokered private placement to raise between $1,000,000 and $1,200,000 through the issuance of common shares priced at $0.05 each, aimed at funding exploration and development projects, particularly the Lutila Gold Project in Slovakia [1][4]. Group 1: Offering Details - The company plans to issue a minimum of 20,000,000 and a maximum of 24,000,000 Offered Shares [1]. - The Offered Shares will be available to purchasers in all Canadian provinces except Québec and outside Canada under specific exemptions, allowing for immediate trading without a resale hold period [2]. - A finder's fee of 7.0% of gross proceeds will be paid to arm's length parties, along with finder's warrants equal to 7.0% of the Offered Shares sold [3]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated for the exploration and development of the Lutila Gold Project, general corporate purposes, and working capital [4]. Group 3: Company Overview - BULGOLD Inc. is focused on gold exploration in Central and Eastern Europe, controlling three quartz-adularia epithermal gold projects in Bulgaria and Slovakia [5]. - As of February 28, 2026, the company had 49,132,335 issued and outstanding shares, with approximately 28.3% held by Founders, Directors, and Management [6].
Lodestar Metals Receives Final BLM Drill Permit Approval and Defines New High-Priority DDIP Targets at Gold Run, Nevada
TMX Newsfile· 2026-03-10 11:35
Core Viewpoint - Lodestar Metals Corp. has received final approval for drilling permits at its Gold Run Property in Nevada, allowing the company to advance its exploration efforts in a promising gold district [1][2]. Group 1: Permit Approval and Drilling Plans - The Bureau of Land Management has approved the Notice of Intent drilling permits, enabling Lodestar to submit the required reclamation bond payment and documentation [2]. - Drilling activities are expected to commence shortly after the confirmation of the bonding, with contractors ready to mobilize by late March [2][8]. Group 2: Geophysical Survey and Drill Targets - A dipole-dipole induced polarization (DDIP) geophysical survey has been completed over key target areas at Gold Run, covering 7.2 line kilometers across five main gold-silver prospects [4]. - The DDIP results indicate at least three extensive trends of high chargeability, which coincide with known gold and silver prospects, highlighting several new drill target areas [5][11]. Group 3: Specific Trends Identified - The Central IP Trend shows high chargeability (>20 mV/V up to 35 mV/V) extending for at least 800 meters, coinciding with known deposits and representing new drill targets [5]. - The Eastern IP Trend, with chargeability >20 mV/V up to 25 mV/V, also extends for at least 800 meters and is associated with significant previous intersections, remaining largely untested at depth [11]. - The Western IP Trend, characterized by very strong chargeability (>25 mV/V up to 35 mV/V), is located near the Robbers Knob deposit, where previous drilling has shown significant intersections [11]. Group 4: Company Overview - Lodestar Metals Corp. is a Canadian gold exploration company focused on the Gold Run Project in Nevada, strategically located on a major Carlin-style gold trend [10]. - The company's strategy emphasizes capital allocation on high-value targets and rapid advancement of known mineralization to build a compliant gold resource [10].
Roscan Gold Announces Closing of Convertible Note Financing
TMX Newsfile· 2026-03-02 22:15
Core Viewpoint - Roscan Gold Corporation has successfully completed a non-brokered private placement, raising CAD$1,500,000 through the issuance of secured subordinate promissory notes, which will be utilized for general corporate and working capital purposes [1]. Group 1: Financial Details - The promissory notes bear an interest rate of 12% per annum and will mature on March 2, 2027 [2]. - The notes are convertible into common shares at a conversion price of CAD$0.20 per share [2]. - Note holders will receive accrued and unpaid interest in cash until the earlier of the conversion date or the maturity date [2]. Group 2: Security and Fees - The notes are secured by a general security agreement over all present and after-acquired property of the company, ranking subordinate to other secured debts [3]. - AfroBullion Mine Limited received a finder's fee of 5% of the gross proceeds from the offering [3]. Group 3: Regulatory and Compliance - All securities issued in connection with the offering are subject to a hold period of four months plus a day from the issuance date, in accordance with applicable securities legislation [4]. Group 4: Company Overview - Roscan Gold Corporation is a Canadian gold exploration company focused on acquiring and exploring gold properties in West Africa, with a significant land position in an area with existing gold mines and major deposits [5].
One Bullion Announces Share Consolidation
Globenewswire· 2026-03-02 12:30
Core Viewpoint - One Bullion Ltd. has approved a consolidation of its common shares at a ratio of one new share for every ten existing shares, effective March 4, 2026 [1][2]. Company Overview - One Bullion Ltd. is a Toronto-based gold exploration company focused on advancing high-quality gold assets in Botswana, controlling approximately 8,004 km² of prospective land across three projects: Vumba, Kraaipan, and Maitengwe [5]. - The company was established in 2018 and emphasizes disciplined, data-driven exploration while committing to environmental stewardship and community engagement [5]. Share Consolidation Details - The consolidation was approved by a director resolution, and shareholders must surrender their existing share certificates to receive new certificates reflecting the post-consolidation shares [2]. - The common shares reflecting the consolidation will begin trading on the TSX Venture Exchange under the same symbol "OBUL" starting March 4, 2026 [2]. Consulting Agreement - In connection with the consolidation, SLD Capital Corp. is entitled to receive 200,000 common shares as per a consulting agreement dated July 8, 2024, subject to a statutory hold period [3]. Restricted Share Units - The company has granted a total of 1,100,000 restricted share units to its officers and directors [4].
Trojan Gold Inc. Announces Non-Brokered Private Placement
TMX Newsfile· 2026-02-24 22:01
Core Viewpoint - Trojan Gold Inc. is initiating a private placement financing to raise up to CDN$300,000 through the sale of 3,000,000 flow-through units at a price of CDN$0.10 per unit [1]. Group 1: Private Placement Details - Each flow-through unit will consist of one common share and one half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at CDN$0.15 for 24 months [2]. - The warrants are subject to acceleration if the common shares reach a closing price of CDN$0.20 or greater for five consecutive trading days, with a 30-day notice period for acceleration [3]. Group 2: Use of Proceeds - The proceeds from the sale of the flow-through units will be allocated for exploration activities at the Paulpic/Adair-Wascanna Properties and the Watershed Property [4]. Group 3: Company Overview - Trojan Gold Inc. is a junior exploration company based in Ontario, focusing on mineral exploration in the Hemlo Gold Camp and Shebandowan Greenstone Belt, led by a team with expertise in exploration, engineering, project financing, and permitting [5].
Harfang Provides Update at Sky Lake
Globenewswire· 2026-02-23 12:00
Core Insights - Harfang Exploration Inc. has provided an update on its wholly-owned Sky Lake Gold Project, indicating encouraging results from its maiden drill program, which demonstrates the strength and continuity of the gold system being explored [3][10] - The company is committed to advancing the project in partnership with the Mishkeegogamang Ojibway Nation (MON) and recognizes the importance of completing a Traditional Knowledge and Land Use Study (TKLUS) before proceeding with exploration activities [3][7][10] Sky Lake Project - The Sky Lake Gold Project encompasses a 9,100-hectare land package located in the Pickle Lake Gold Camp of northwestern Ontario, including the Koval patented claims, which were the focus of the winter 2025 drill program [4] - The winter 2025 drill program involved six diamond drill holes totaling approximately 1,400 meters, successfully delineating a continuous high-grade mineralized shoot traced over 250 meters downhole, which remains open at depth and along strike [5][10] Community Engagement and Next Steps - Harfang is actively engaging with MON regarding exploration activities and has substantially negotiated a draft Exploration Agreement, which is currently under review by MON leadership [6] - The completion of the TKLUS is necessary before advancing the permitting processes, and discussions are ongoing to clarify the timing, scope, budget, and process for the study [7][10] - The company views this collaborative approach as essential for responsible exploration and establishing a social license to operate in the region [8] Company Overview - Harfang Exploration Inc. is a discovery-driven mineral exploration company focused on identifying and advancing high-potential ore deposits in Québec and Ontario, leveraging rigorous geoscience and disciplined capital deployment [11] - The company completed the acquisition of NewOrigin Gold Corp. in November 2024, consolidating high-quality gold assets, including properties in the Pickle Lake and Abitibi regions [11]
Lodestar Metals Closes Final Tranche of Private Placement for Total Proceeds of CAD$1.57M
TMX Newsfile· 2026-02-20 12:35
Core Viewpoint - Lodestar Metals Corp. has successfully closed the final tranche of its non-brokered private placement financing, raising a total of $1,570,000 through the issuance of 7,850,000 units at a price of $0.20 per unit, reflecting strong investor interest in the company's flagship Goldrun asset [1][2]. Financing Details - The final tranche involved the issuance of 2,700,000 units, contributing to gross proceeds of $540,000 [1]. - The total offering size was increased due to heightened investor demand, resulting in a total of 7,850,000 units issued [1]. - Each unit consists of one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.30 for 18 months [3]. Use of Proceeds - Proceeds from the offering will be allocated towards exploration and drilling activities on the Goldrun Property, as well as for working capital purposes [5]. - The company has also granted 785,000 stock options to directors, officers, and consultants, exercisable at $0.20 per share for five years [5]. Company Strategy and Outlook - The company aims to execute a disciplined exploration program at Goldrun, marking a pivotal milestone towards defining a resource [3]. - With a strengthened balance sheet, Lodestar is positioned to pursue additional high-value opportunities across Nevada, aiming for long-term growth [3]. - The management expresses confidence in the company's strategy and vision to unlock value in Nevada's premier mining jurisdiction [2].