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Fathom Nickel Announces the Closing of the Second and Final Tranche of Upsized C$4 Million Private Placement
TMX Newsfile· 2026-02-26 23:43
Core Viewpoint - Fathom Nickel Inc. has successfully closed the second and final tranche of its upsized non-brokered private placement, raising a total of C$3,999,999 through the issuance of various units, which will fund exploration activities at the Gochager Lake Project in Saskatchewan [1][5]. Group 1: Offering Details - The second tranche of the upsized offering involved the issuance of 24,970,947 non-flow through units (NFT Units) at a price of C$0.031, generating gross proceeds of C$774,099 [1]. - The first tranche raised C$2,500,000 through the issuance of 52,083,334 charity flow-through units (Charity FT Units) at C$0.048 and 48,387,076 NFT Units at C$0.031 [1]. - The total gross proceeds from both tranches amounted to C$3,999,999 [1]. Group 2: Unit Composition - Each NFT Unit consists of one common share and one transferable common share purchase warrant, exercisable for 36 months at an exercise price of C$0.05 [2]. - Each Charity FT Unit includes one flow-through common share and one transferable common share purchase warrant, also exercisable for 36 months at the same exercise price [3]. Group 3: Use of Proceeds - Proceeds from the Charity FT Units will be allocated to eligible Canadian exploration expenses related to the Gochager Lake Project, with a focus on flow-through critical mineral mining expenditures [5]. - The net proceeds from the NFT Units will be utilized for exploration and development of mineral projects, as well as for working capital and general corporate purposes [6]. Group 4: Institutional Investment - Approximately 52% of the gross proceeds raised in the upsized offering came from institutional investors, including follow-on investments from Crescat Capital LLC and Plethora Precious Metals Fund, along with a significant order from a new European-based institutional investor group [5]. Group 5: Company Overview - Fathom Nickel Inc. is focused on exploring magmatic nickel sulphide deposits to secure critical mineral supplies for North America and support the global green energy transition [9]. - The company has three high-quality exploration projects in Saskatchewan: Albert Lake, Gochager Lake, and Friesen Lake, with the Gochager Lake Project hosting a historic nickel-copper deposit [9][12].
Impact Minerals Identifies Multiple MT Conductors at Broken Hill
Small Caps· 2026-02-26 22:33
Impact Minerals (ASX: IPT) has identified numerous near-surface conductive targets at its Broken Hill project in New South Wales following a single-line magnetotelluric (MT) survey supported by regional data reinterpretation.The data highlight a conductive corridor extending from approximately 20 kilometres depth toward the surface within its tenure, suggesting a potential lithospheric-scale mineral system.The survey results indicate a conductive corridor adjacent to the Redan Fault, which the company inter ...
Graycliff Exploration to Acquire Geologic Data Related to Its Shakespeare Gold Project
TMX Newsfile· 2026-02-26 22:30
Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - Graycliff Exploration Limited (CSE: GRAY) (OTC Pink: GRYCF) (FSE: GE0) (the "Company" or "Graycliff") is pleased to announce that it has executed an arm's length asset purchase agreement (the "Agreement"), dated February 26, 2026, with Mona McKinnon (the "Vendor"), contemplating the acquisition (the "Acquisition") of certain geologic data, core, pulp and material related to the Company's Shakespeare Project (the "Assets") from the Vendor for 2,300,00 ...
Grizzly Announces Significant Conductivity and Chargeability Anomalies Detected from Recent IP Survey at Sappho Critical Minerals Target, Greenwood, British Columbia
TMX Newsfile· 2026-02-26 22:17
Edmonton, Alberta--(Newsfile Corp. - February 26, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce that preliminary results have been received from Peter E. Walcott and Associates from an Induced Polarization (IP) program conducted in February 2026 to follow up excellent prior results from both surface sampling and historical drilling at the Sappho Critical Minerals Target (Figure 1). In light of the current escalating metal prices f ...
Magna Terra Announces Results of Annual and Special Meeting
TMX Newsfile· 2026-02-26 22:15
Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - Magna Terra Minerals Inc. (TSXV: MTT) (the "Company" or "Magna Terra") is pleased to announce that all resolutions proposed to shareholders at the annual and special meeting held today were duly passed.All the nominees listed in the management information circular for the meeting were elected as directors of the Company. Detailed results of the vote for the election of directors are set out below.NomineeVotes For% ForVotes Against% AgainstMichael Byr ...
New Age Metals Expands Pgm Portfolio With Strategic Staking Of The Escape East Pgm-Ni-Cu Project Adjacent To Clean Air Metals' Deposits In Northwestern Ontario
Thenewswire· 2026-02-26 22:15
February 26th, 2026 – Rockport, Ontario – TheNewswire – New Age Metals Inc. (TSX.V: NAM | OTCQB: NMTLF | FSE: P7J) (“NAM” or the “Company”) is pleased to announce that it has acquired, via staking, the Escape East Project, a 100%-owned platinum group metals–nickel–copper (PGM–Ni–Cu) exploration property comprising approximately ~4,000 hectares in the Thunder Bay Mining Division of Northwestern Ontario.The Escape East Project is located adjacent to the Thunder Bay North Project operated by Clean Air Metals ...
Electrum Discovery Announces Filing and Mailing of Meeting Materials for the Special Meeting of Securityholders to be Held on March 24, 2026 and Receipt of Interim Order in Respect of Previously Announced Arrangement with MinRex Resources
Thenewswire· 2026-02-26 22:05
Vancouver, Canada, February 26, 2026 – TheNewswire - Electrum Discovery Corp. ("Electrum" or the "Company") (TSX-V:ELY | FRA:R8N | OTC:ELDCF) announces that the Supreme Court of British Columbia issued an interim order dated February 20, 2026 in connection with the previously announced arrangement (the "Arrangement") with MinRex Resources Ltd. ("MinRex") authorizing the calling and holding of the special meeting (the "Meeting") of the holders (the "Electrum Securityholders") of securities of the Company an ...
ThreeD Capital Inc. Announces Update To Its YouTube Channel
Globenewswire· 2026-02-26 22:00
TORONTO, Feb. 26, 2026 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is excited to announce additional YouTube interviews with certain portfolio companies of ThreeD. Already uploaded on ThreeD’s YouTube channel are several recent interviews with companies such as AI/ML Innovation Inc. (CSE: AIML), Neurable Inc., Hyp ...
Headwater Gold Announces Private Placement of Common Shares for Gross Proceeds of up to $5 Million
Globenewswire· 2026-02-26 21:47
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (Frankfurt: 997) (the "Company" or "Headwater") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. as lead agent and sole bookrunner (the “Agent”), in connection with a “commercially reasonable efforts” private placement of up to 8,621,000 common shares of the Compa ...
Argyle Resources Announces Stock Option Cancellation with Intention to Regrant Equal Options
TMX Newsfile· 2026-02-26 21:30
Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - Argyle Resources Corp., (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) (the "Company" or "Argyle"), announces that effective February 26, 2026 (the "Effective Date"), the Company has cancelled an aggregate 2,050,000 options ("Options") to purchase common shares of the Company ("Common Shares"), which were previously granted to board members, and consultants of the Company (each a "Participant"). Management reviewed the Company's outstanding Options and determ ...