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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].
One Bullion Limited to Participate in PDAC 2026, The World’s Premier Mineral Exploration & Mining Convention, March 1-4, 2026
Globenewswire· 2026-02-19 12:30
VANCOUVER, British Columbia, Feb. 19, 2026 (GLOBE NEWSWIRE) -- One Bullion Ltd. (“One Bullion” or the “Company”) (TSXV: OBUL), a gold exploration company holding complete ownership of three highly prospective mining areas in Botswana, today announced that management will host a booth at PDAC 2026, The World’s Premier Mineral Exploration & Mining Convention, taking place March 1-4, 2026, in Toronto, Canada. PDAC 2026 Booth Details:Date: March 3-4, 2026Location: Metro Toronto Convention Centre, Toronto, Ontar ...
Trans Canada Gold Moves Toward a Major 2026-2027 Drill Campaign Appoints MI3 Communications Financieres Group, Enters into a Marketing and Investor Relations Agreement and Launches Global Investor Awareness Campaign
Accessnewswire· 2026-02-17 11:30
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / February 17, 2026 / Trans Canada Gold Corp. (TSX-V:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company"), is pleased to announce that the Company has retained the services of the MI3 Financieres Communications Group, located in Montreal, Quebec to provide investor relations and media distribution services. The MI3 Communications Financieres Group is considered a premier Canadian marketing and investor relations group, specializing in a wide array of sectors, wit ...
Exploits Changes Name to Epic Gold Corp.
TMX Newsfile· 2026-02-13 22:00
Toronto, Ontario--(Newsfile Corp. - February 13, 2026) - Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) ("The Company") is pleased to announce a corporate rebrand, including a name change to Epic Gold Corp. ("Epic Gold" or the "Company"). Epic Gold marks the next phase for the Company under the leadership of Rod Husband, President & CEO, with a focused strategy to unlock the underexplored potential of its Canadian gold assets.Effective at the opening of trading on Wednesday, February 18, 20 ...
Canagold Resources Ltd. Announces Closing of $9.2M Financing
TMX Newsfile· 2026-02-13 21:01
Core Viewpoint - Canagold Resources Ltd. has successfully closed an offering that raised a total of $9,228,456.50 through the issuance of common shares and flow-through shares, aimed at funding working capital and project development expenses [1][2]. Group 1: Offering Details - The offering consisted of 9,396,570 common shares priced at $0.45 each and 10,000,000 flow-through shares priced at $0.50 each [1]. - The net proceeds from the common shares will be allocated for working capital, administrative expenses, and project development, while the proceeds from the flow-through shares will be used for Canadian exploration expenses at the New Polaris project [2]. Group 2: Shareholder Information - Sun Valley Investments AG purchased 5,000,000 flow-through shares and 4,698,285 common shares, increasing its ownership from 48.07% to 48.25% of the total issued and outstanding common shares of the company [4]. - The offering is classified as a "related party transaction" due to Sun Valley being an insider, and the company is relying on exemptions from certain requirements under Multilateral Instrument 61-101 [5]. Group 3: Regulatory Approval - The Toronto Stock Exchange granted conditional approval for the offering on January 22, 2026, and the company is currently seeking final approval [3]. - The shares issued are subject to a hold period of four months and one day, expiring on June 14, 2026 [3]. Group 4: Company Overview - Canagold Resources Ltd. is focused on advancing the New Polaris Project through feasibility and permitting, while also seeking to expand its asset base through future acquisitions [6].
Labrador Gold Signs Agreement to Form Joint Venture With Nemo Resources Through Elementary Minerals Inc for Exploration of the Watson Project in Northwestern Ontario
Globenewswire· 2026-02-10 12:00
Core Viewpoint - Labrador Gold Corp. has entered into a joint venture with Nemo Resources Inc. to explore the Watson Project, which encompasses 127,100 hectares in the underexplored Fort Hope greenstone belt of northwestern Ontario, presenting significant exploration opportunities for gold and critical minerals [1][2][6]. Group 1: Joint Venture Details - The joint venture will be operated by Nemo, with a Technical Committee overseeing work programs, consisting of two representatives from Labrador Gold and one from Nemo [4][7]. - Nemo transferred 6,300 hectares of mining claims and related exploration data to Elementary Minerals Inc. in exchange for 4 million common shares, representing 20% ownership [10]. - Labrador Gold contributed $303,842 for staking an additional 120,800 hectares and will invest a total of $1.5 million for exploration, receiving 16 million common shares, representing 80% ownership [10]. Group 2: Watson Project Overview - The Watson Project is located in the Fort Hope greenstone belt, which has been less explored compared to other regions like Red Lake and Pickle Lake, despite having similar geological characteristics [2][6]. - The geology of the Fort Hope greenstone belt includes significant banded iron formations (BIF) that host high-grade gold occurrences, with notable examples being the Lupin and Musselwhite Gold Mines [3]. - The project area is free of royalties and does not have any option payments or work commitments, enhancing its attractiveness for exploration [6]. Group 3: Exploration Plans and Potential - Elementary is planning a substantial airborne survey followed by soil sampling to identify large gold deposits in the Watson Project area [4]. - The project also holds potential for critical minerals such as antimony, nickel, copper, and zinc, diversifying its exploration focus beyond gold [6]. - The anticipated construction of a road to the Ring of Fire in mid-2026 will significantly reduce exploration and development costs for the Watson Project [6].
Akwaaba Mining Mourns the Passing of Board Member Heidy Arocha Rodriguez
TMX Newsfile· 2026-02-09 19:24
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Akwaaba Mining Ltd. (TSXV: AML) ("Akwaaba" or the "Company") with profound sadness, announces the passing of Heidy Arocha Rodriguez, a distinguished member of our Board of Directors, who passed away on February 7, 2026.Allan Green, Chairman of the Board, issued the following statement:"On behalf of the entire Board and the employees of Akwaaba, I want to extend our deepest condolences to Heidy's family and loved ones. Heidy was more than ju ...
Trans Canada Gold Corp. Grants Incentive Stock Options
Accessnewswire· 2026-02-09 11:30
Group 1 - Trans Canada Gold Corp. has granted incentive stock options to directors, officers, and consultants to purchase up to 1,500,000 common shares at a price of $0.15 per share, exercisable until February 22, 2029 [1] - The company focuses on gold exploration and oil and gas production, aiming to acquire and drill advanced mineral assets in Canada [2] - Trans Canada is committed to responsible exploration and development of its oil and gas assets, primarily located in Alberta, Canada [2] Group 2 - The company collaborates with Croverro Energy Ltd., which has a proven track record in oil production and revenue success [2] - Trans Canada has a qualified team of professionals in exploration and production, ensuring effective management of its natural resource properties [2] - The company aims to minimize risk through selective property acquisitions and maximize long-term resource asset value [2]
Desert Gold Upsizes Fully Subscribed LIFE Offering to C$7,230,000
TMX Newsfile· 2026-02-05 00:00
Core Viewpoint - Desert Gold Ventures Inc. has increased its non-brokered private placement offering due to strong investor demand, raising the total gross proceeds from C$5,000,000 to C$7,230,000 [1][2]. Group 1: Offering Details - The offering will now consist of up to 90,375,000 Offered Units, each comprising one Common Share and one-half of a Warrant, with the Warrant allowing the purchase of one Common Share at C$0.12 within 24 months after the closing date [2]. - The closing of the offering is expected on February 9, 2026, subject to necessary approvals, including from the TSX Venture Exchange [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to the first phase of the gravity plant at the Barani East gold oxide project in West Mali, resource expansion and exploration drilling at the SMSZ Project in Western Mali, exploration drilling at the Tiegba Gold Project in Cote d'Ivoire, and general working capital [3]. Group 3: Regulatory Compliance - The Offered Units will be available for sale to purchasers in all Canadian provinces except Québec, under the Listed Issuer Financing Exemption, and will also be offered in the United States and other jurisdictions in compliance with applicable laws [4]. Group 4: Finder's Fees - The company may pay finders a cash commission of up to 7.0% of the gross proceeds from subscribers they introduce, along with finders warrants equal to 7.0% of the Offered Units introduced [6]. Group 5: Company Overview - Desert Gold Ventures is a gold exploration company with properties in Mali and Cote d'Ivoire, including the 440 km² SMSZ Project in Western Mali and the 297 km² Tiegba Gold Project in Cote d'Ivoire [8].
Roscan Gold Announces Appointment of Chief Financial Officer and Grants of Stock Options
TMX Newsfile· 2026-02-04 16:30
Core Insights - Roscan Gold Corporation has appointed Mr. Rahul Paul as Chief Financial Officer, who has over seventeen years of experience in capital markets and the mining industry [1][2] - The company has granted a total of 13,350,000 stock options to various officers, employees, and consultants, with an exercise price of $0.17 per share [5] Company Leadership - Mr. Paul has been a board member since September 2024 and previously served as President and CEO of Radisson Mining Resources Inc., where he oversaw a significant drill program that increased gold resources [2][4] - The Executive Chairman, Nana Sangmuah, expressed confidence in Mr. Paul's financial leadership and thanked the outgoing CFO, Danny Cao, for his contributions [4] Stock Options and Incentives - The stock options granted have a term of five years and are subject to a four-month hold period from the grant date [5] - Additionally, the company has granted 5,000,000 restricted share units to directors and officers, which will vest one year from the grant date [5] Company Overview - Roscan Gold Corporation is focused on gold exploration in West Africa, holding a significant land position with 100%-owned permits in an area with existing gold mines [6]