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Metal Energy Completes Phase 1 Requirements for NIV Property Option Agreement
Newsfile· 2025-11-26 21:00
Core Viewpoint - Metal Energy Corp. has successfully completed the first phase of its option agreement for the NIV and West NIV exploration properties, moving closer to drilling in the Toodoggone District of British Columbia [1][2]. Group 1: Option Agreement Details - The Option Agreement allows Metal Energy to earn an 80% undivided interest in the NIV and West NIV properties, with a right of first refusal for the remaining 20% [3]. - The company has issued 862,708 common shares to the optionor and made cash payments totaling $300,000 as part of the first phase of the agreement [4]. Group 2: Project Characteristics - The NIV project is a fully permitted, drill-ready copper-gold-molybdenum project located in a region known for significant porphyry deposits, featuring extensive geochemical and geophysical anomalies [3][5]. - With the addition of the NIV project, Metal Energy's portfolio now includes three high-potential projects, enhancing its focus on critical metals exploration in Canada [5][8].
CORRECTION FROM SOURCE: Supreme Critical Metals Issues Correction to Private Placements News Release
Newsfile· 2025-11-26 19:53
Core Viewpoint - Supreme Critical Metals Inc. issued a correction regarding the exercise price of Warrants in its private placement announcement, clarifying that the correct price is $0.21 per common share, not $0.021 [1][2]. Company Overview - Supreme Critical Metals Inc. is a publicly traded exploration company focused on a diverse portfolio of high-potential properties in silver, copper, uranium, and gold across North America [3]. - The company employs a disciplined, data-driven acquisition strategy targeting mining-friendly jurisdictions with established infrastructure and supportive regulatory frameworks [3]. Offering Details - The Non-Flow-Through Unit financing allows each Warrant to purchase one additional common share at a price of $0.21 for a period of 24 months from issuance [2]. - No other terms of the Offering have been amended, and all other information from the original news release remains accurate [2]. Additional Information - More information about Supreme Critical Metals can be found on the company's official website [4].
Guardian Metal Resources PLC Announces Exercise of Options Warrants
Accessnewswire· 2025-11-14 18:50
LONDON, UK / ACCESS Newswire / November 14, 2025 / Guardian Metal Resources plc (LON:GMET) (OTCQX:GMTLF), a tungsten exploration and development company, announces that the Company has received a notice to exercise Options over a total 100,000 new ordinary shares of 1 pence each in the Company ("Option Shares") at an exercise price of 0.14p per Warrant Shares, raising £14,000 for the Company. ADMISSION AND TOTAL VOTING RIGHTS Application will be made for the 100,000 Warrant Shares to be admitted to trading ...
New Strong Buy Stocks for Oct. 22: XPL, UVE and More
ZACKS· 2025-10-22 11:51
Group 1: Stock Highlights - Solitario Resources Corp. (XPL) has seen a 33.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - CTO Realty Growth, Inc. (CTO) has experienced a 4.4% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [1] - Maximus, Inc. (MMS) has had a 6.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Gold Fields Limited (GFI) has seen a 7.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Universal Insurance Holdings, Inc. (UVE) has experienced a significant 63.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]
Hercules Metals Closes C$17 Million Financing
Newsfile· 2025-08-14 12:59
Core Viewpoint - Hercules Metals Corp. has successfully closed a brokered private placement, raising C$17,251,150 through the sale of 24,644,500 common shares at C$0.70 per share, with the offering fully subscribed and the Agents' option exercised in full [1] Group 1: Offering Details - The private placement was conducted under the Listed Issuer Financing Exemption, allowing sales in Canada (excluding Quebec) and the U.S. without a statutory hold period [2] - The Agents received a cash commission of 6.0% on gross proceeds, with a reduced commission of 3.0% for certain purchasers on a "president's list" [3] Group 2: Related Party Transaction - A director of the Company participated in the Offering, purchasing 71,400 shares for C$49,980, which is classified as a related party transaction but is exempt from formal valuation and minority shareholder approval requirements [4] Group 3: Use of Proceeds - The net proceeds from the Offering will be utilized for exploration and development of the Hercules property in Idaho and for general working capital purposes [5] Group 4: Company Overview - Hercules Metals Corp. is focused on developing a new porphyry copper district in Idaho, with its 100% owned Hercules Property hosting the newly discovered Leviathan porphyry copper system [8][9] - The Company aims for growth through continued drilling and has received strategic investment support from Barrick Mining Corporation [9][10]
Opawica Exploration Inc Announces New Chief Financial Officer
Thenewswire· 2025-08-08 11:30
Appointment of New Chief Financial Officer - Opawica Explorations Inc. has appointed Mr. Monty Sutton as Chief Financial Officer, effective immediately [1] - Mr. Sutton has over 35 years of experience in public markets, corporate governance, senior administration, and accounting [2] - His background includes roles as a Management Accountant, Investment Advisor, Equities Trader, and Insurance Specialist, with a focus on resource exploration [2] Company Overview - Opawica Explorations is a junior Canadian exploration company with a portfolio of precious and base metal properties in the Rouyn-Noranda region of the Abitibi gold belt in Quebec [5] - The company aims to increase shareholder value through cost-effective exploration practices and partnerships with industry leaders [5] - Opawica's Bazooka properties cover seven kilometers of the CLLB and are adjacent to the Wassamac gold property owned by Richmont Mines Inc. [6] Leadership Transition - The company expresses gratitude to Ms. Marcy Kiesman for her years of service and leadership, parting on excellent terms [3] - The CEO welcomes Mr. Sutton, highlighting his expertise in public markets, finance, and resource sector governance as valuable for the company's growth strategy [4]
Hayasa Metals Completes 2025 Drilling Program at Urasar; Upcoming Phase 2 2025 Drill Program at Vardenis
Newsfile· 2025-08-06 12:32
Core Insights - Hayasa Metals Inc. has successfully completed its Phase 2 diamond drill program at the Urasar Mineral District in Armenia and is set to commence the 2025 drill campaign at the Vardenis copper-gold project [1][15] Group 1: Urasar Project - A total of 2,040.1 meters were drilled across eleven diamond drill holes during June and July 2025, targeting five prospects along a 15 km-long mineralized corridor [2] - Approximately 400 core samples from drill holes UDD-010 through UDD-016 have been submitted for laboratory analysis, with assay results expected in late September 2025 [2] - The drill program included various exploration holes, with notable mineralization observed in the Golden Vein area [15][16] Group 2: Vardenis Project - The 2025 Vardenis drill campaign is scheduled to begin in mid-August, consisting of eight to ten drill holes totaling a minimum of 3,400 meters [13] - The northern portion of the 94 km² license area will be targeted, which hosts promising molybdenum anomalies and low-resistivity/high chargeability zones identified through previous surveys [13][14] - Drill pad construction is currently underway, with final planning of drill hole locations in progress [14] Group 3: Company Commentary - Dennis Moore, President of Hayasa Metals, expressed optimism regarding the copper sulfide mineralization observed in the Urasar project and highlighted the potential of the Vardenis project to host a Tier-1 porphyry copper-molybdenum deposit [15] - Joel Sutherland, CEO of Hayasa Metals, commended the team's efforts in completing the Urasar program and emphasized the extensive work done with limited resources, including various surveys and sampling [16][17]
Metalero Announces Upsize to Private Placement
Newsfile· 2025-07-30 16:44
Core Viewpoint - Metalero Mining Corp. has increased its offering size from $600,000 to $850,000 due to strong investor demand, indicating positive market interest in the company [1] Group 1: Offering Details - The upsized offering consists of the sale of up to 7,083,333 Units at a price of $0.12 per Unit, each Unit comprising one common share and one common share purchase warrant [1] - Each Warrant allows the holder to purchase one common share for $0.25 in the first year and $0.35 in the second year, valid for up to two years from the closing date [1] Group 2: Use of Proceeds - Proceeds from the offering will be allocated to advance exploration at the Benson Project in British Columbia, including follow-up work from recent soil sampling and geophysical surveys, as well as general working capital [2] Group 3: Company Background - Metalero Mining Corp. is a Canadian junior exploration company with offices in Vancouver and Edmonton, currently undergoing restructuring, including management changes and a new project focus [4] - The company is part of the Metals Group of Companies, emphasizing technical excellence, robust project selection, and strong corporate governance [5]
Kingfisher Announces Upsize of Brokered Private Placement to $10.6 Million
Newsfile· 2025-05-26 20:37
Core Viewpoint - Kingfisher Metals Corp. is increasing its private placement offering to raise up to $10,590,538 through the issuance of non-flow-through and flow-through units, with the offering expected to close around June 3, 2025 [1][7]. Group 1: Offering Details - The company will issue up to 7,000,000 non-flow-through units at a price of $0.25 each and up to 21,302,500 flow-through units at a price of $0.415 each [1]. - Each non-flow-through unit consists of one common share and one-half of a common share purchase warrant, while each flow-through unit consists of one common share and one-half of a warrant [2]. - The warrants allow holders to acquire one common share at a price of $0.40 for 36 months, with potential acceleration of expiry if the share price exceeds $0.55 for 20 consecutive trading days [3]. Group 2: Use of Proceeds - Proceeds from the sale of flow-through units will be used for eligible Canadian exploration expenses related to the company's projects in British Columbia, with a deadline for incurring these expenses set for December 31, 2026 [6]. Group 3: Regulatory and Closing Information - The offering is subject to regulatory approvals, including from the TSX Venture Exchange, and is expected to close on or about June 3, 2025 [7]. - The offered securities will be subject to a four-month hold period under Canadian securities laws following the closing date [7]. Group 4: Company Overview - Kingfisher Metals Corp. is focused on copper-gold exploration in British Columbia's Golden Triangle and has consolidated a significant land position of 849 km² at the HWY 37 Project, along with two gold projects totaling 641 km² [8].