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Trinity One Metals Closes Fully Subscribed Private Placement
Newsfile· 2025-10-17 22:16
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2025) - Trinity One Metals Ltd. (TSXV: TOM) ("Trinity One" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement offering by issuing 15,000,000 units (the "Units") at a price of $0.05 per Unit, for aggregate gross proceeds of $750,000 (the "Offering").Each Unit is comprised of one common share of the Company and one transferable common share purchase warrant. Each warrant will entitle th ...
Goldstorm Metals Announcement: Canadian Mail Strike and Availability of AGM Meeting and Voting Materials
Newsfile· 2025-10-15 20:30
Core Points - Goldstorm Metals Corp. is addressing the impact of the Canada Post labour strike on the availability of meeting materials for its upcoming annual general meeting scheduled for October 24, 2025 [1][8] - The company encourages registered shareholders to access meeting materials electronically and vote online due to the mail strike [2] - Beneficial shareholders are advised to contact their brokers to obtain voting instructions and materials [3] Meeting Agenda - The meeting will cover the following key items: 1. Review of the directors' report and financial statements for the year ended March 31, 2025 [6] 2. Fixing the number of directors at five [6] 3. Election of directors for the upcoming year [6] 4. Appointment of Davidson & Company LLP as the auditor and authorization for directors to fix auditor remuneration [6] 5. Consideration of an ordinary resolution to approve the current stock option plan, subject to regulatory approval [6] Shareholder Communication - Shareholders with questions regarding voting can contact Computershare Investor Services Inc. or the company directly for assistance [7] - Votes must be submitted by the close of business on October 23, 2025 [4] Company Overview - Goldstorm Metals Corp. is focused on precious and base metals exploration, holding a significant land position in the Golden Triangle of British Columbia, known for high-grade gold deposits [9] - The company's flagship projects, Crown and Electrum, cover approximately 16,469 hectares across six concessions, with strategic proximity to major gold deposits [9]
Intrepid Metals Announces 4-Month Hold Private Placement Financing
Newsfile· 2025-10-10 11:00
Core Points - Intrepid Metals Corp. announces a non-brokered private placement of up to 17,142,857 units at a price of $0.35 per unit, aiming for aggregate gross proceeds of $6 million [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with full warrants allowing the purchase of additional shares at $0.50 for 24 months [1][2] - The net proceeds will be allocated for exploration expenditures, working capital, property payments, and facilitating a strategic partnership transaction [2] Company Overview - Intrepid Metals Corp. is focused on exploring high-grade essential metals such as copper, silver, and zinc in southeastern Arizona, USA [5] - The company has several drill-ready projects, including the Corral Copper Project and the Tombstone South Project, both located in Cochise County, Arizona [5] - Intrepid is traded on the TSX Venture Exchange under the symbol "INTR" and on the OTCQB Venture Market under "IMTCF" [5]
Prospector Initiates Drilling on Devon Cu-Ni Project, Ontario
Newsfile· 2025-10-07 11:00
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") today announced that it has begun its maiden drill program on the Devon Copper-Nickel (Cu-Ni) Project in Northwestern Ontario. High priority drill targets have been selected from interpretations of detailed 3D modelling of property-wide VTEMTM, as well as prospecting and mapping which returned samples with up to 1.13 % Cu, 0.53 % Ni, and 3.54 g/t Pd ...
Vortex Metals Closes Upsized Non-Brokered Private Placement
Newsfile· 2025-10-06 22:14
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTCQB: VMSSF) ("Vortex" or the" Company ") is pleased to announce that, further to its news releases dated September 11, 2025 and September 30, 2025, it has closed its previously announced non-brokered private placement (the "Offering"), whereby the Company has completed the issuance of 17,500,000 units (each, a "Unit") at a price of $0.04 per Unit for gross proceeds of $700,000.Each Unit consists o ...
Hayasa Announces Closing of $2M Private Placement LIFE Offering of Units
Newsfile· 2025-09-24 10:30
Core Points - Hayasa Metals Inc. has successfully closed a $2 million private placement, issuing a total of 11,165,282 units at a price of $0.17 per unit, resulting in gross proceeds of $1,898,098 [1][2] - Each unit consists 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 $0.22 per share [2] - Teck Resources Limited has acquired 934,500 units to maintain a 9.9% ownership stake on a partially diluted basis [2] Use of Proceeds - The net proceeds from the private placement will be utilized for ongoing exploration at the Urasar project in Armenia, acquiring additional property, and general working capital [3] - The company plans to conduct a 2,000-meter drill program at Urasar in 2026 and is considering a pipeline of projects for acquisition [3] Management Commentary - Joel Sutherland, CEO of Hayasa, expressed satisfaction with Teck's continued support and optimism regarding the company's first mover advantage in Armenia [4] Regulatory and Financial Details - The units were issued under the listed issuer financing exemption, and the securities are not subject to resale restrictions for Canadian residents [4] - The company paid $48,420 in finders' fees, which is 5% of the proceeds raised, to various entities involved in the placement [6] - Two officers of the company participated in the private placement, purchasing 588,400 units for a total of $100,028 [7] Shareholder Changes - Dennis Moore acquired 294,200 units at $0.17 per unit, increasing his total ownership to approximately 11.56% of the company's outstanding shares on an undiluted basis, a decrease from 13.31% [10] - If all warrants and stock options are exercised, Moore's ownership could rise to approximately 13.09% on a partially diluted basis [11] Company Overview - Hayasa Metals Inc. is focused on advancing copper and gold projects in Armenia's Tethyan Mineral belt, controlling both the Urasar and Vardenis projects [14]
VanadiumCorp Resource Submitted Documents for Final Approval of Financing
Thenewswire· 2025-09-19 21:00
Core Viewpoint - VanadiumCorp Resource Inc. has submitted documents for final approval of a private placement financing, aiming to raise approximately $396,099.99 through the issuance of units priced at $0.11 each [1][3]. Financing Details - The company has issued a total of 3,600,909 units, with each unit comprising one common share and one common share purchase warrant, which can be exercised for an additional common share at an exercise price of $0.15 for two years [2]. - The financing is pending final approval from the Exchange, and the proceeds will be utilized for working capital and general corporate purposes [3]. Company Overview - VanadiumCorp is a Canadian critical metals exploration company that owns 100% of two strategic properties in Quebec: the Iron T and the flagship Lac Doré property [5]. - The company is focused on advancing 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 [5]. - An initial electrolyte facility is being established in Val-des-Sources, Quebec, to evaluate output quality and facilitate initial electrolyte production, with plans to expand production for the international market, particularly for long-duration Vanadium Flow Batteries [5].
VanadiumCorp Resource Closes Second Tranche of Financing
Thenewswire· 2025-08-25 22:30
Core Viewpoint - VanadiumCorp Resource Inc. has successfully closed a second tranche of its private placement financing, raising a total of $166,100 through the issuance of 1,510,000 units at $0.11 each, with plans to complete the financing by September 12, 2025 [1][2]. Financing Details - The financing consists of up to 4,545,455 units, each unit comprising one common share and one common share purchase warrant, with the warrants exercisable at $0.15 for two years from the date of issue [2]. - The second tranche includes two insiders subscribing for 960,000 units, totaling $105,600, qualifying as a related party transaction under MI 61-101 [3]. - The company is relying on exemptions from formal valuation requirements as the transaction's fair market value does not exceed 25% of the company's market capitalization [3]. Regulatory and Use of Proceeds - The financing is subject to final Exchange approval, and all securities issued will be under a four-month hold from the date of issue [4]. - Proceeds from the financing will be allocated for working capital and general corporate purposes [4]. Company Overview - VanadiumCorp is a Canadian critical metals exploration company that owns 100% of two strategic properties in Quebec: The Iron T and the flagship Lac Doré property [6]. - The company is advancing 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]. - The 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 long-duration Vanadium Flow Batteries [6].
Metalero Closes Oversubscribed Private Placement
Newsfile· 2025-08-25 20:05
Core Viewpoint - Metalero Mining Corp. has successfully completed a non-brokered private placement, raising gross proceeds of $919,501 through the issuance of 7,662,509 units at a price of $0.12 per unit, which will be used to advance exploration at its Benson Project and for general working capital [1][2]. Group 1: Offering Details - The Offering raised a total of $919,501 through the issuance of 7,662,509 units, with each unit priced at $0.12 [1]. - Each unit consists of one common share and one share purchase warrant, with warrants exercisable for two years at prices of $0.25 for the first year and $0.35 for the second year [1]. - Metalero paid $25,862 in cash and issued 215,520 finder's warrants to eligible finders for certain units sold [3]. Group 2: Insider Participation - Insiders of Metalero acquired a total of 2,019,583 units in the Offering, which is considered a related party transaction [4]. - The Company is relying on exemptions from formal valuation and minority shareholder approval requirements under MI 61-101, as the fair market value of the subscription does not exceed 25% of the market capitalization [4]. Group 3: Use of Proceeds - Proceeds from the Offering will be allocated to advance exploration at the Benson Project, including follow-up work based on recent soil sampling and geophysical surveys [2]. - Additional funds will be directed towards general working capital [2]. Group 4: Benson Project Overview - The Benson Project is located in central British Columbia and is accessible via Highway 26 and logging roads, facilitating capital-efficient exploration [6]. - The project covers five target areas identified through AI analysis, which revealed high potential anomalies similar to known porphyry deposits [6]. - Historical exploration has identified gold and copper surface geochemical anomalies, with previous drilling intersecting skarn and epithermal gold and silver mineralization [6]. Group 5: Company Background - Metalero Mining Corp. is a Canadian junior exploration company focused on copper and gold projects in North America, with its flagship Benson Project covering 166 square kilometers [7]. - The company also has drill-ready properties in Nevada available for sale or option [7]. - Metalero is part of the Metals Group of Companies, emphasizing technical excellence and strong corporate governance [8].
Walker Lane Resources Ltd. Announces Closing of Private Placement
Globenewswire· 2025-07-24 08:01
Core Viewpoint - Walker Lane Resources Ltd. has successfully closed a non-brokered private placement, raising a total of $386,000 through the issuance of non-flow through and flow-through units [1][2]. Group 1: Private Placement Details - The company issued 2,508,335 non-flow through units (NFT Units) at a price of $0.12 each, generating gross proceeds of $301,000 [1]. - Additionally, 607,143 flow-through units (FT Units) were issued at a price of $0.14 each, raising gross proceeds of $85,000 [1]. - Each NFT Unit and FT Unit consists of one common share and one common share purchase warrant, with warrants exercisable for two years at $0.16 per common share [1]. Group 2: Insider Participation - An insider subscribed for a total of 1,178,571 units, including 750,000 NFT Units and 428,571 FT Units, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [2]. - The company utilized exemptions from valuation requirements and minority approval due to the insider's participation not exceeding 25% of the company's market capitalization [2]. Group 3: Use of Proceeds - Proceeds from the sale of FT Units will be allocated to Canadian exploration expenses and flow-through mining expenditures, particularly for exploration at the Amy and Silver Hart Properties in the Rancheria Silver District [3]. - The net proceeds from NFT Units will be used for properties in Nevada, including Tule Canyon, Cambridge, and Silver Mountain, as well as for general working capital [3]. - Both FT and NFT Units are subject to a four-month hold period [3]. Group 4: Company Overview - Walker Lane Resources Ltd. is focused on exploring high-grade gold, silver, and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. [4]. - The company plans to initiate exploration programs to advance the Tule Canyon and Amy projects to the resource definition stage through upcoming drilling campaigns [4][5].