Core Points - Lodestar Metals Corp. has closed the first tranche of its non-brokered private placement financing, issuing 14,982,068 units at a price of $0.075 per unit, resulting in gross proceeds of $1,123,655.10 [1] - Each unit consists of one common share and one-half of a share purchase warrant, with the warrants allowing the purchase of additional shares at $0.12 for two years [2] - The proceeds from the offering will be allocated for exploration and drilling on the Goldrun Project in Nevada, as well as for working capital [4] Financial Details - The first tranche raised a total of $1,123,655.10 through the issuance of 14,982,068 units at $0.075 each [1] - A cash fee of $15,939.15 was paid to finders, along with the issuance of 212,522 Finder's Warrants, which are exercisable at $0.12 for two years [3] Project Focus - Lodestar Metals is focused on advancing the Goldrun Project in Nevada, which is strategically located on a major Carlin-style gold trend and near significant gold deposits [6] - The company's strategy emphasizes capital allocation towards high-value targets and rapid development of known mineralization to build a compliant gold resource [6]

Pelangio Exploration Completes Final Tranche of Private Placement for Aggregate Gross Proceeds of $4,500,000October 22, 2025 6:52 PM EDT | Source: Pelangio Exploration Inc.Toronto, Ontario--(Newsfile Corp. - October 22, 2025) - Pelangio Exploration Inc. (TSXV: PX) (OTC Pink: PGXPF) ("Pelangio" or the "Company") is pleased to announce that it has closed the second and final tranche (the "Final Tranche") of the non-brokered private placement first announced on September 22, 2025 (the "Private Pl ...

VANCOUVER, British Columbia, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Precore Gold Corp. (CSE: PRCG) (the “Company” or “Precore Gold”) is pleased to announce that further to its news releases of August 21, September 9, September 18, 2025 and October 3, 2025, it has closed the second and final tranche (the “Second Tranche”) of its previously-announced non-brokered private placement (the “Private Placement”). The Second Tranche consisted of 2,081,662units of the Company (the “Units”) at a price of C$0.18 per Unit fo ...

Thunder Bay, Ontario--(Newsfile Corp. - October 21, 2025) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or "Metals Creek") announces that it intends to complete a non-brokered private placement of both non-flow through and flow-through units (the "Private Placement"). The Private Placement is expected to close on or before November 20, 2025.The Company intends to issue up to 12,500,000 flow-through units at a price of $0.04 per unit (the "FT Units") for aggregate proceeds of up to $ ...

Core Points - Signature Resources Ltd. has granted a total of 2,400,000 incentive stock options to its Board, Management, and Advisors, with an exercise price of $0.055 and a five-year expiration period [1][2] - The options vest 25% immediately and 25% annually until the third anniversary, and are the only form of compensation for non-executive directors [1] Company Overview - Signature Resources is a Canadian advanced stage exploration company focused on the Lingman Lake gold deposit in the Red Lake district of Northwestern Ontario [3] - The Lingman Lake property consists of approximately 24,821 hectares, including 1,274 single-cell and 13 multi-cell staked claims, and has a historical underground mine structure [3] - The initial mineral resource estimate includes an indicated 95,200 ounces of gold at an average grade of 1.38 g/t and an inferred 674,320 ounces at an average grade of 1.14 g/t, based on a cutoff grade of 0.30 g/t [3] - The company aims to expand the known mineralized envelope using its 100% owned diamond drilling rigs [3] - A new 115kV high tension transmission line was energized by Wataynikaneyap Power within 40 km of the historic Lingman Lake Mine in November 2023 [3]

Core Points - First Nordic Metals Corp. is acquiring Mawson Finland Limited through a plan of arrangement and is providing bridge financing of up to $1,000,000 to Mawson for transaction-related costs and working capital [1][2] - The loan accrues interest at 8% per annum and is due on January 30, 2026, if the transaction does not close by then, with an expected closing in mid-December 2025 [2] - The company will issue C$1.0 million in common shares to Taj Singh as part of his retirement package, with shares priced at C$0.38 each, subject to TSXV approval [3] Company Overview - First Nordic Metals Corp. is a Canadian gold exploration company focused on consolidating assets in Sweden and Finland, aiming to establish a significant gold camp in Europe [4] - The flagship asset is the Barsele gold project in northern Sweden, in joint venture with Agnico Eagle Mines Limited, alongside additional projects totaling approximately 80,000 hectares [4] - The company also holds a district-scale position in northern Finland covering the Oijärvi greenstone belt, which includes the Kylmäkangas deposit, the largest known gold occurrence in that area [4]

Core Insights - Lancaster Resources Inc. has completed and filed its maiden National Instrument 43-101 Technical Report for the Lake Cargelligo Gold Project in New South Wales, Australia, coinciding with a surge in gold prices to an all-time high of US$4,300 per ounce, indicating strong global demand for exploration assets in stable jurisdictions [1][2][3]. Company Overview - Lancaster Resources Inc. is a Canadian exploration company focused on advancing a portfolio of critical mineral and gold projects in established mining jurisdictions, holding a 100% interest in the Lake Cargelligo Gold Project, which spans over 62,300 hectares [8][10]. Technical Report Highlights - The independent NI 43-101 Technical Report, prepared by Geos Mining, emphasizes the strong geological potential of the Lake Cargelligo Gold Project and outlines a clear roadmap for future exploration [5][6]. - Historical drilling results indicate significant exploration potential, with channel intercepts reported up to 16 meters at 5.83 grams per tonne (g/t) gold and 7.20 g/t silver, and rock sampling showing up to 204 g/t gold and 273 g/t silver [9]. - The report identifies multiple mineralization opportunities, including large-scale shear-hosted gold mineralization and orogenic-style gold hosted by quartz veins [9]. Exploration Strategy - The company plans to advance its exploration program, which includes recommendations for a Phase I exploration program involving geophysics, geochemistry, and initial drilling [9].

Group 1 - Lodestar Metals Corp. has increased its private placement offering from C$500,000 to C$1,000,000 due to strong investor demand [1] - The offering is priced at C$0.075 per Post-Consolidation Unit, allowing for the issuance of up to 13,333,333 Post-Consolidation Units [1][2] - Each Post-Consolidation Unit consists of one common share and one-half share purchase warrant, with the warrant allowing the purchase of an additional share at C$0.12 for two years [2] Group 2 - The company will pay finders a fee of 6% in cash and 6% in share purchase warrants, with securities subject to a six-month resale restriction [3] - Proceeds from the offering will be allocated for exploration and drilling on the Goldrun Project in Nevada and for working capital [3] - The offering is subject to acceptance by the TSX Venture Exchange [3] Group 3 - A strategic share consolidation will take effect on October 20, 2025, at a ratio of two pre-consolidation shares to one post-consolidation share [4] - Following the consolidation, the company will have 23,668,250 shares issued and outstanding [4] - Registered shareholders will receive a letter of transmittal with instructions for exchanging their share certificates [5] Group 4 - Lodestar Metals Corp. is focused on advancing the Goldrun Project in Nevada, which is strategically located on a major gold trend [7] - The company aims to build a compliant gold resource that delivers lasting shareholder value through a disciplined approach [7]

Toronto, Ontario--(Newsfile Corp. - October 15, 2025) - First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQX: FNMCF) (FSE: HEG0) ("First Nordic") is pleased to announce the closing of its previously announced non-brokered private placement (the "Non-Brokered Private Placement") and its "best efforts" brokered private placement (the "Brokered Private Placement" and together with the Non-Brokered Private Placement, the "Offerings") of subscription receipts raising aggregate gross proceeds of approxi ...

Forrestania Resources, a Western Australian exploration company, has announced a conditional scrip takeover bid for all the shares of Kula Gold. The bid proposes an exchange of one Forrestania share for every 5.6 shares of Kula Gold. This offer values Kula at a premium of 41% to its ten-day volume-weighted average price through 10 October. The directors of Forrestania have noted that the company's bid offers Kula Gold shareholders the chance to benefit from the 80%-owned Mt Palmer Gold Project more quic ...