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Naughty Ventures Closes Private Placement of Flow-Through Units
TMX Newsfile· 2026-01-31 04:34
Core Viewpoint - Naughty Ventures Corp. has successfully closed a non-brokered private placement financing, raising a total of $200,000 through the issuance of 2,000,000 flow-through units at a price of $0.10 per unit [1]. Group 1: Financing Details - The private placement consists of 2,000,000 flow-through units, each unit comprising one common share and one transferable common share purchase warrant [1]. - Each warrant allows the holder to purchase one common share at a price of C$0.15 for a period of 36 months from issuance [1]. - The securities issued in this offering are subject to a statutory hold period until May 30, 2026 [1]. Group 2: Insider Participation - Mr. Blair Naughty, the CEO and President of the Company, subscribed for the entire private placement, increasing his equity stake from 20.93% to approximately 22.95% [2]. - Mr. Naughty's participation is classified as a related-party transaction, and the Company is relying on exemptions from minority shareholder approval and formal valuation requirements [3]. Group 3: Use of Proceeds - The proceeds from the sale of flow-through units will be allocated to eligible Canadian exploration expenses on the Company's mineral properties, with expenditures renounced to the subscriber effective December 31, 2026 [4]. Group 4: Company Overview - Naughty Ventures Corp. is a Canadian venture investment and mineral exploration company focused on early-stage mineral projects with significant discovery potential [5]. - The Company aims to acquire, develop, and strategically position mineral assets with strong value potential, as well as invest in private and public companies with high growth potential [5].
Rockland Resources Sets Options
Thenewswire· 2026-01-31 03:25
Group 1 - Rockland Resources Ltd. has set 2,000,000 options for directors, officers, and consultants at a price of $0.16 for a period of 3 years [1] - The company is focused on mineral exploration and discovery, with its flagship project being the historic Cole Gold Mines project in the Red Lake district of Ontario [2] - Rockland Resources aims to deliver meaningful growth and long-term value to its shareholders through disciplined exploration and strategic project development [2]
Boron One Announces First Closing of Financing
Accessnewswire· 2026-01-31 01:20
Core Viewpoint - Boron One Holdings Inc. has successfully accepted subscriptions for 10,135,000 units at a price of $0.05 per unit, resulting in gross proceeds of $506,750, which will be used for working capital requirements [1][3]. Group 1: Financial Details - Each unit consists of one common share and one common share purchase warrant, with an exercise price of $0.05 in the first year and $0.10 in the subsequent two years [1]. - The total gross proceeds from the private placement amount to $506,750 [1]. - The company paid finder's fees of $19,250 and issued 231,000 broker warrants as part of the private placement [4]. Group 2: Related Party Transactions - A total of 240,000 units will be issued to one insider, qualifying this as a related party transaction [3]. - The company is relying on exemptions under sections 5.5(a) and 5.7(a) of MI 61-101, as the fair market value of the shares issued to the insider is less than 25% of the company's market capitalization [3]. Group 3: Regulatory Compliance - The common shares and warrants will be subject to a four-month and one-day hold period in accordance with TSX Venture Exchange policies [2]. - The private placement is contingent upon receiving all necessary approvals, including those from the TSX Venture Exchange [4]. Group 4: Company Overview - Boron One Holdings Inc. is an international mineral exploration and development company with boron assets located in Serbia [4]. - The company is headquartered in Victoria, B.C., Canada, and its shares are traded on the TSX Venture Exchange under the symbol "BONE" [4].
CAT Strategic Announces Successful Completion of Quebec Rare Earth Elements Transaction
TMX Newsfile· 2026-01-30 22:52
Core Viewpoint - CAT Strategic Metals Corporation has successfully completed a transaction granting it the exclusive right to earn a majority interest in a significant rare earth elements exploration project in Quebec, Canada [1] Group 1: Transaction Details - The company issued 33,000,000 Common Shares at a deemed price of $0.015 per share as part of the transaction [2] - All securities issued are subject to a statutory hold period of four months and one day, along with a resale restriction under Canadian Securities Exchange policies [2] Group 2: Management Changes - Mr. Christopher Malone has been appointed as Chief Financial Officer and Corporate Secretary, effective January 29, 2026, replacing Mr. Steven Cozine, who will remain as a director [3] - Mr. Malone brings over 43 years of experience in senior financial and information technology roles, with a focus on corporate finance and governance [4] Group 3: Company Overview - CAT Strategic Metals Corporation is focused on acquiring and derisking overlooked mineral projects in established geological districts in North America, particularly those considered strategic for global infrastructure and energy [5]
Reflex Advanced Announces Closing of Private Placement Offering
Globenewswire· 2026-01-30 22:06
Core Viewpoint - Reflex Advanced Materials Corp. has successfully closed a non-brokered private placement offering, raising gross proceeds of C$199,925 at a price of C$0.175 per Unit, which includes common shares and warrants [1][2] Group 1: Offering Details - The offering consisted of Units priced at C$0.175 each, with each Unit comprising one common share and one warrant [1] - Each warrant allows the holder to purchase one additional share at a price of C$0.23 for a period of 24 months [1] - The total gross proceeds from the offering amount to C$199,925 [1] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [2] Group 3: Company Overview - Reflex Advanced Materials Corp. is a mineral exploration company based in British Columbia, focusing on developing economic mineral properties in strategic metals and advanced materials [4] - The company aims to enhance domestic specialty mineral infrastructure efficiencies to meet the increasing demand from North American manufacturers [4]
BCM Resources Corporation Announces Financing
TMX Newsfile· 2026-01-30 21:48
Core Viewpoint - BCM Resources Corporation has announced a non-brokered private placement financing to raise gross proceeds of C$7,240,000 through the issuance of 36,200,000 units priced at C$0.20 per unit, which includes common shares and purchase warrants [1]. Financing Details - The financing involves the issuance of 36,200,000 units at a price of C$0.20 per unit, with each unit consisting of one common share and one common share purchase warrant [1]. - Each warrant allows the holder to purchase one common share at a price of C$0.30 for one year from the date of issue [1]. - The financing is subject to approval by the TSX Venture Exchange and includes a four-month hold period for all securities issued [3]. Acceleration Clause - The warrants include an acceleration clause that allows the issuer to accelerate the expiration if the share price reaches C$0.45 or higher for 20 consecutive trading days, with a 30-business-day notice period for expiration [2]. Use of Proceeds - Proceeds from the financing will be allocated for working capital and to continue mineral exploration drilling at the Thompson Knolls Porphyry Cu-Au-Mo discovery project located in West Central Utah, USA [3]. Finder Fees - Any finder fees associated with the financing will be 5% cash and 5% broker warrants of the proceeds raised [3].
Adoption of Omnibus Incentive Plan & Private Placement Update
TMX Newsfile· 2026-01-30 21:39
Core Viewpoint - iMetal Resources Inc. has successfully adopted a new omnibus incentive plan approved by shareholders, which includes the grant of stock options and other equity-based incentives [1] Group 1: Incentive Plan Details - The new omnibus incentive plan reserves up to 10% of the outstanding common share capital for the grant of stock options [1] - An additional 1,007,465 shares are reserved for the grant of restricted share units and deferred share units [1] - Shareholders approved the plan during the annual general and special meeting held on August 7, 2025 [1] Group 2: Private Placement Update - The company corrected the number of units issued in its $0.13 flow-through unit private placement, reporting a total of 4,164,623 units for gross proceeds of $541,400.99 [2] - All other terms of the private placement remain unchanged from the previous announcement [2] Group 3: Company Overview - iMetal Resources Inc. is a Canadian junior exploration company focused on resource properties in Ontario and Quebec [3] - The flagship property, Gowganda West, is an exploration-stage gold project with a recent discovery of 48.5 meters at 0.85 g/t gold [3] - The Ghost Mountain property is located near Agnico Eagle's Holt and Holloway Mine, while the Carheil project has multi-metal potential and previous graphite results [3]
Questcorp Mining Provides Clarification on Sharing Arrangement
TMX Newsfile· 2026-01-30 21:19
Core Viewpoint - Questcorp Mining Inc. is clarifying its financial disclosures following a review by the British Columbia Securities Commission, particularly regarding a recent private placement and a sharing agreement with an institutional investor [1][2]. Group 1: Financial Transactions - On October 24, 2025, the Company completed a non-brokered private placement, issuing 14,000,334 units at a price of $0.15 per unit, resulting in gross proceeds of $2,100,050 [2]. - Concurrently, the Company entered into a sharing agreement with Sorbie Bornholm LP for a notional amount of $2,000,000 [2]. Group 2: Sharing Agreement Details - The Sharing Agreement stipulates an initial release of $85,000, with total payoff determined through twenty-four monthly settlement tranches based on a benchmark price [3]. - The final amount received under the Sharing Agreement may vary significantly based on the Company's future share price, which is subject to market fluctuations [3]. Group 3: Risk Factors - No funds from the Sharing Agreement are held in escrow, exposing the Company to potential risks if Sorbie experiences financial difficulties [4]. - There is no assurance that the anticipated payments under the Sharing Agreement will be fully received, as shares have already been issued [4]. Group 4: Company Overview - Questcorp Mining Inc. focuses on acquiring and exploring mineral properties in North America, aiming to develop economic precious and base metals properties [5]. - The Company holds options to acquire a 100% interest in the North Island Copper Property in British Columbia and the La Union Project in Sonora, Mexico, both subject to royalty obligations [5].
Vanguard Mining Reports Re-Assay Program for Redonda Copper-Molybdenum Project
Thenewswire· 2026-01-30 21:05
Core Viewpoint - Vanguard Mining Corp. is advancing its exploration efforts at the Redonda Copper-Molybdenum Project through additional re-assaying and a planned Phase 2 drill program to enhance the understanding of mineralization and evaluate the project's potential [1][2][3]. Exploration and Drilling Program - The company plans to conduct additional re-assaying of selected drill core using multi-element analytical methods to evaluate gold, copper, silver, rare earth, and other elements [1][2]. - The Phase 2 Drill and Exploration Program is fully permitted and aims to build upon the encouraging results from the recently completed drill program [4]. - The Redonda Project consists of nine mineral claims totaling 2,746.46 hectares, located approximately 40 kilometers northeast of Campbell River, British Columbia [4]. Geological Insights - The geological setting at Redonda is characterized by copper-molybdenum mineralization along a hornblende-rich dike, with significant mineralization confirmed at depth [5][7]. - The project shares similarities with other porphyry-style copper-molybdenum systems in southwestern British Columbia [8]. Drilling Details - The planned drilling will include up to seven diamond drill holes totaling approximately 2,800 meters, targeting areas with historical mineralization [6]. - Recent drilling results indicate that copper-molybdenum mineralization is laterally and vertically continuous within the drilled area, with significant intersections reported [10]. Collaboration and Community Engagement - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor, training opportunities, and the use of Klahoose-affiliated service providers [14]. - Ongoing engagement with the Klahoose First Nation will include regular updates on work plans and adherence to cultural heritage protocols [14]. Quality Assurance and Analytical Procedures - Quality assurance and quality control procedures were implemented during the sampling and analysis process, ensuring accuracy and precision in the results [15][16]. - Analytical work was conducted by ALS Laboratories, which is independent and accredited to ISO/IEC 17025 standards [16].
Forte Minerals Corp. Amendment to Investor Relations Compensation
Globenewswire· 2026-01-30 20:00
Core Insights - Forte Minerals Corp. has amended the compensation terms for its Investor Relations and Capital Markets engagement with Port Guichon Strategic Advisory, led by Kevin Guichon [1][2] Compensation Details - Effective January 1, 2026, the monthly compensation for Port Guichon Strategic Advisory has increased from C$4,000 to C$5,000, reflecting an expanded scope of responsibilities [2] - The Company also paid a one-time cash bonus of C$14,000 in 2025 as retroactive compensation for services provided during that year [2] Engagement Terms - All other terms of the engagement, including previously disclosed stock option grants, remain unchanged and were reviewed and approved by the Company's Board of Directors [3] Company Overview - Forte Minerals Corp. is a well-funded exploration company with a strong portfolio of high-quality copper and gold assets in Peru [4] - The Company has a strategic partnership with GlobeTrotters Resources Perú S.A.C., providing access to a pipeline of historically drilled, high-impact targets across premier Andean mineral belts [4] - Forte is committed to responsible resource development that generates long-term value for shareholders, communities, and partners [4]