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Graphano Provides Update on Airborne MAG-TDEM Geophysics Program at Black Pearl, Quebec
TMX Newsfile· 2025-12-17 08:01
Core Insights - Graphano Energy Ltd. has engaged Prospectair Geosurveys to conduct a helicopter-borne airborne magnetic and time-domain electromagnetic geophysical survey over its Black Pearl Project in Québec, expected to commence this week [1][2] - The survey will cover approximately 637 line-kilometres in the Laurentides region, utilizing specific line orientations and spacings to gather high-resolution data [2][3] - The company is also advancing bulk sample extraction activities at its Lac Aux Bouleaux and Standard project areas, with geological reports and waste rock location planning underway [4][6] Survey Details - The airborne survey will utilize N130-oriented traverse lines with 100m line spacing and control lines at 1,000m spacing [2] - Graphano plans to integrate the airborne datasets with existing geological and exploration information to support follow-up investigations and prioritize target areas [3] Project Development - Graphano is focused on evaluating, acquiring, and developing energy metals resources, particularly graphite, which is in high demand for technologies such as lithium batteries [5][6] - The Lac Aux Bouleaux property is strategically located adjacent to Canada's only producing graphite mine, highlighting its potential in the growing market for green technologies [6]
District Strengthens Its Swedish Footprint by Nearly Doubling the Size of the Alum Shale Properties
TMX Newsfile· 2025-12-17 07:00
Core Viewpoint - District Metals Corp. has applied for 11 mineral licenses covering 72,078 hectares in Sweden, targeting Alum Shale deposits, which are crucial for the green energy transition [1][3]. Company Developments - The new mineral license applications will nearly double the size of District's existing Alum Shale Properties from 79,250 hectares to 151,328 hectares [9]. - The applications are strategically located adjacent to promising airborne MobileMT geophysical anomalies and were selected based on a comprehensive technical study [6][9]. - The Swedish Government has approved the lifting of the ban on uranium exploration and mining, with legislation expected to be enacted on January 1, 2026 [5]. Industry Context - Alum Shale deposits in Sweden are known to contain significant energy metals and critical raw materials necessary for the green energy transition, with large and shallow deposits that reduce exploration costs [3]. - The Viken Energy Metals Deposit, owned by District, is noted for hosting the world's largest undeveloped uranium mineral resource, along with substantial resources of vanadium, molybdenum, nickel, copper, and zinc [4][13]. Strategic Focus - The company emphasizes responsible exploration, avoiding environmentally sensitive areas, and aims to enhance exploration optionality and continuity of land position [7]. - The expansion of the Alum Shale Properties is seen as a significant step in building a robust pipeline of energy metals properties in Sweden [5].
Hi-View Announces Closing of the Final Tranche of the Non-Brokered Private Placement
Thenewswire· 2025-12-17 03:00
Core Points - Hi-View Resources Inc. has successfully closed the second and final tranche of its non-brokered private placement, raising gross proceeds of $775,000 by issuing 3,875,000 units at a price of $0.20 per unit, with an oversubscription of $100,600 [1][2] - Each unit consists of one common share and one transferable common share purchase warrant, with two warrants allowing the purchase of one additional share at $0.30 for 24 months [1][2] - The proceeds will be used for general corporate purposes, including settling arm's-length payables, and finders' fees of $44,240 were paid along with 221,200 Broker Warrants [2] Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company on the Canadian Securities Exchange, focusing on gold, silver, and copper assets in the Toodoggone region of Northern British Columbia [4] - The company holds over 27,791 hectares of projects, including the flagship Golden Stranger project, the Lawyers claims, and the Borealis project, all identified as high-priority targets [4] - Additional properties under option include Saunders, Northern Claims, Nub, and Harmon Peak, with an extra 1,300 hectares currently under mineral claim application [4]
Mirasol Resources Closes Private Placement Financing
Globenewswire· 2025-12-16 23:32
Core Viewpoint - Mirasol Resources Ltd. has successfully closed a non-brokered private placement financing, raising a total of $3,010,250.25 through the issuance of 6,689,445 units at a price of $0.45 per unit [1]. Group 1: Financing Details - The offering consisted of units, each comprising one common share and one-half of a non-transferable common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.60 for twelve months [1]. - Proceeds from the offering will be allocated to advance exploration programs and for general corporate purposes [2]. - A finder's fee of $13,932.00 was paid on a portion of the offering [2]. Group 2: Related Party Transactions - Two directors and one officer of the company received a total of 3,350,556 units under the offering, qualifying as a "related party transaction" [3]. - The issuance to related parties was exempt from certain requirements under Multilateral Instrument 61-101 due to the company's shares not being listed on a specified market and the fair market value of the securities issued not exceeding 25% of the company's market capitalization [3]. Group 3: Company Overview - Mirasol Resources Ltd. is an exploration company with over 20 years of experience in operating, permitting, and community relations in mineral-rich regions of Chile and Argentina [6]. - The company is currently self-funding exploration at its flagship Sobek Copper-Gold Project located in the Vicuña Copper-Gold-Silver District of northeast Chile while advancing a pipeline of early and mid-stage projects [6].
Palamina Completes Oversubscribed $2.7M Private Placement
TMX Newsfile· 2025-12-16 21:30
Toronto, Ontario--(Newsfile Corp. - December 16, 2025) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) ("Palamina" or the "Company") has closed the second tranche of its non-brokered private placement offering (the "Offering") announced on October 9, 2025. On the second tranche Palamina raised a further $1,095,625 and issued an additional 8,765,000 units (the "Units") at a price of $0.125 per Unit. Each Unit consists of one common share ("Common Share") and one warrant (each a "Warrant"). Each whole Warrant is ...
Muzhu Mining Mobilizes for Collection of Metallurgical Samples on the Everett Property, Quebec
Thenewswire· 2025-12-16 17:55
Vancouver, British Columbia – TheNewswire - December 16, 2025 – Muzhu Mining Ltd. (CSE: MUZU) (OTCPK: MUZU.F) (FSE:Y33) ("Muzhu" or the “Company”), is pleased to announce that, after signing its definitive option agreement to acquire the Everett property (the “Property”) from Romaine River Titanium Inc. (“Romaine”), Romaine has mobilized a sampling crew to Havre-Saint-Pierre and the Property.Romaine has a significant collaboration agreement since October 2024 with Centre technologique des résidus industri ...
Results from Soil Sampling Program at the South Hedley Project in B.C. Enhances Copper - Gold Potential
Thenewswire· 2025-12-16 15:05
Vancouver, British Columbia – TheNewswire - December 16, 2025 – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) (“Adamera” or the “Company”) reports analytical results from 165 soil samples collected in November at the Max Prospect within the 18,714-hectare South Hedley copper-gold property located in southern British Columbia (See Figure 1). The soil sampling results identify numerous high gold values and expand the gold anomaly in multiple directions. In addition, a new strong copper anomaly has emerged ...
Wolverine Announces Receipt of Partial Revocation Order and $250,000 Financing
TMX Newsfile· 2025-12-16 14:00
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2025) - Wolverine Resources Corp. (OTC Pink: WOLV) ("Wolverine") announced today that on December 11, 2025 the BCSC issued a Partial Revocation Order which will allow Wolverine to conduct a private placement of up to 12,500,000 common shares at a price of $0.02 per share (US$0.015) for proceeds of up to $250,000. The use of proceeds of the private placement will be for the costs and fees that are related to the fulfillment by Wolverine of all of i ...
Abitibi Closes Bought Deal Public Offering of Common Shares and Flow-Through Shares
Thenewswire· 2025-12-16 13:35
December 16, 2025 – TheNewswire - London, ON. – Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) (“Abitibi” or the “Company”) is pleased to announce that it has closed its previously announced bought deal public offering (the “Offering”), led by BMO Capital Markets, as sole bookrunner and lead underwriter, together with Haywood Securities Inc., as co-lead manager, ATB Securities Inc., Desjardins Securities Inc., Paradigm Capital Inc. and Stifel Nicolaus Canada Inc. (collectively, the “Underwrite ...
ATERRA Metals Announces $3 Million Private Placement
TMX Newsfile· 2025-12-16 13:30
Toronto, Ontario--(Newsfile Corp. - December 16, 2025) - ATERRA Metals Inc. (CSE: ATC) (OTCQB: CSSCF) (formerly Cascada Silver Corp.) ("ATERRA" or the "Company") is pleased to announce that it intends to undertake a non-brokered private placement financing from the sale of up to 154,520,550 units ("Units") at a price of $0.02 per Unit, to raise aggregate gross proceeds of up to $3,090,411 (the "Offering"). The Company has appointed Research Capital Corporation as the exclusive finder for the Offering.The O ...