Minerals Exploration
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Fitzroy Minerals appoints Victor Flores to Board of Directors
Thenewswire· 2026-01-08 14:15
Vancouver, British Columbia – January 8, 2026 – TheNewswire - Fitzroy Minerals Inc. (TSXV: FTZ, OTCQB: FTZFF) (“Fitzroy” or the “Company”) is pleased to announce the appointment of Mr. Victor Flores as a Non-Executive Director of the Company, effective January 6, 2026.Mr. Flores is a recognized expert in resource capital markets, with decades of experience in the sector. He has built a distinguished career, initially working as a resources analyst but later as a Portfolio Manager and Chief Investment Offic ...
Locksley Confirms Continuous High Grade Mineralized Silver Corridor at its Mojave Project in California
Prnewswire· 2026-01-06 14:35
SAN BERNARDINO, Calif., Jan. 6, 2026 /PRNewswire/ -- Locksley Resources (ASX: LKY; OTCQX: LKYRF and LKYLY) announced it has confirmed a continuous, high grade mineralized silver corridor at its Mojave Project in California following extensive surface reconnaissance and rock chip sampling across the North Block. The results materially extend known mineralization beyond the initial high grade silver discovery and strengthen the geological understanding of the project area. Specifics can be found here: https: ...
Key Mining Corp., a Global Critical Minerals and Infrastructure Company, and Compass Digital Acquisition Corp. Announce Definitive Merger Agreement
Globenewswire· 2026-01-06 12:00
Key Mining Corp. (“KMC” or the “Company”) is a global critical minerals and infrastructure company focused on acquiring, advancing and developing assets in the Americas with projects in Chile and the United States.KMC owns 100% of the Cerro Blanco Titanium Project in Chile, the world’s 10th largest rutile titanium dioxide deposit.1 The project is supported by extensive technical work and a completed S‑K 1300 report.KMC controls a near ready-to-build water desalination project, which is at an advanced permit ...
Panoro Minerals Ltd. Announces Update to Previously Announced Brokered LIFE Offering for Gross Proceeds of up to C$5 Million
Globenewswire· 2025-12-22 22:52
Core Viewpoint - Panoro Minerals Ltd. is conducting a private placement to raise up to C$5,000,000 through the sale of units priced at C$0.40 each, with the offering document filed on December 22, 2025 [1][2]. Group 1: Offering Details - The private placement, referred to as the Marketed Offering, aims to sell up to 12,500,000 units, with the first tranche already closed, raising C$2,918,200 from 7,295,500 units sold [2]. - The December Offering Document includes an additional sale of up to 1,300,000 units for gross proceeds of up to C$520,000 [2]. - Each unit consists of one common share and one warrant, with warrants allowing the purchase of additional shares at C$0.60 until November 21, 2028 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for infill drilling, metallurgical testing, pre-feasibility engineering, and an updated preliminary economic assessment for the Cotabambas Copper-Gold-Silver project, along with general corporate purposes [6]. Group 3: Regulatory and Compliance - The offering will comply with National Instrument 45-106, allowing sales to purchasers in all Canadian provinces except Québec, and may also be offered in offshore jurisdictions and the U.S. under certain exemptions [7]. - The closing of the offering is scheduled for December 22, 2025, subject to necessary regulatory approvals [9].
Canamera Announces Closing of $1,120,000 Non-Brokered Private Placement
TMX Newsfile· 2025-12-22 21:48
Company has raised total of $5,570,000 since November 2025Edmonton, Alberta--(Newsfile Corp. - December 22, 2025) - Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) ("Canamera" or the "Company") is pleased to announce, further to its news release dated December 4, 2025, that it has closed a non-brokered private placement for gross proceeds of approximately $1,120,000 (the "Private Placement"). Combined with its previous raise (see news release dated November 24, 2025, the Company has rai ...
Adamera Repricing Private Placement
Thenewswire· 2025-12-16 21:50
Core Viewpoint - Adamera Minerals Corp. has repriced its private placement to raise up to $724,000, which will be used for working capital and exploration drilling on its gold projects in Washington State and British Columbia [1][3]. Financing Details - The financing consists of two components: 1. Up to 9,164,000 Units at $0.055 per Unit for gross proceeds of $504,020, each unit comprising one common share and one common share purchase warrant, with warrants exercisable at $0.12 for two years [3]. 2. Up to 3,385,000 flow-through units ("FT Units") at $0.065 per unit for gross proceeds of $220,025, each FT Unit consisting of one common share and one-half common share purchase warrant, with full warrants also exercisable at $0.12 for two years [3]. Use of Proceeds - Proceeds from the unit financing will be allocated to working capital and exploration drilling on the Company's gold projects in Washington State, while flow-through funds will be directed towards qualifying Canadian exploration expenditures on newly identified gold, copper, and zinc prospects in the South Hedley Project [3]. Regulatory Compliance - All securities issued under the financing will be subject to a statutory hold period of four months and one day from the date of issuance and remain subject to the approval of the Exchange [1][2].
Ivanhoe Electric Closes $200 Million Bank Credit Facility to Support Santa Cruz Copper Project Development
TMX Newsfile· 2025-12-15 21:30
Core Viewpoint - Ivanhoe Electric has successfully closed a $200 million senior secured multi-draw bridge facility to support the Santa Cruz Copper Project in Arizona, enhancing its financial position during ongoing project financing discussions [1][2]. Financing Details - The bridge facility is a crucial part of Ivanhoe Electric's long-term financing strategy for the Santa Cruz Copper Project, providing immediate balance sheet strength and funding for major construction activities set to begin in 2026 [2]. - The facility complements ongoing discussions for broader project financing, which may include project-level minority equity investment and long-term project debt [2]. - Ivanhoe Electric has received a Letter of Interest from the U.S. Export-Import Bank for $825 million in project debt, with the full application currently in process [2]. Key Terms of the Bridge Facility - The bridge facility has a two-year maturity term with a single repayment at maturity [10]. - The borrowing rate is based on the three-month Secured Overnight Financing Rate plus a margin of 5.0%, increasing by 0.5% at specified intervals, with an approximate rate of 8.7% on drawn amounts as of the announcement date [10]. - The facility is secured by Ivanhoe Electric's private land holdings and certain physical assets associated with the Santa Cruz Copper Project [10]. Company Overview - Ivanhoe Electric is focused on developing mines from mineral deposits primarily located in the United States, aiming to support American supply chain independence by delivering critical metals [4]. - The company utilizes advanced technologies, including the Typhoon™ geophysical surveying system and data analytics from its subsidiary, to enhance mineral exploration efforts [4]. - Ivanhoe Electric is also engaged in a joint venture with Saudi Arabian Mining Company to explore minerals in the Arabian Shield and has established an exploration alliance with BHP Mineral Resources Inc. for critical minerals in the U.S. [4].
Spark Energy Minerals Announces Closing of Private Placement
Newsfile· 2025-12-12 19:51
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTCID: SPARF) (FSE: 8PC) ("Spark" or the "Company"), is pleased to announce that further to its news release dated November 21, 2025, the Company has closed its previously announced non-brokered private placement (the "Private Placement") for gross proceeds of $500,000 through the issuance of 10,000,000 units of the Company ("Units").The Company further reports that the full amount of the Private Pla ...
Solis Minerals Limited Registered as an Australian Company
Newsfile· 2025-12-10 21:12
Group 1 - Solis Minerals Limited has officially registered as an Australian company effective from December 8, 2025, following shareholder approval at the Annual General and Special Meeting on September 16, 2025 [1] - The company's common shares will transition from being registered in Canada and listed on the TSX-V to fully paid ordinary shares on a 1:1 basis, allowing shareholders to hold shares directly in the company [2] - All existing CHESS Depositary Interests (CDIs) will be cancelled, and new holding statements will be issued to support the uncertificated shareholdings [2] Group 2 - A timetable of events related to the Australian Continuance has been provided, detailing key dates such as the last day for trading CDIs on ASX (December 12, 2025) and the cancellation of CDIs (December 23, 2025) [4] - Solis Minerals is an emerging exploration company focused on its South American copper portfolio, led by a highly experienced team in the mining sector [6] - The company is strategically positioned to capitalize on growth opportunities in the mineral-rich region of South America, which is significant in the global copper export market [7]
Eastfield Annual General Meeting
Thenewswire· 2025-12-08 14:30
Core Points - Eastfield Resources Ltd. held its 2025 Annual General Meeting in Vancouver, British Columbia, where all motions were passed, including the appointment of auditors and the approval of a stock option plan [1][2] - The company approved a 2-for-1 share consolidation at the AGM but has no immediate plans to implement it [2][3] - Eastfield owns five mineral projects in British Columbia, with the Zymo Project being a significant copper-gold porphyry system [4] Company Overview - The Zymo Project is approximately 8 km long and features several 1 km-scale targets, located 45 km west of Smithers, British Columbia [4] - Significant drill intercepts at the Zymo Project include various holes with notable gold and copper grades, such as: - Hole ZY08-09: 253 m interval with 0.23 g/t Au and 0.32% Cu [4] - Hole ZY09-14: 273 m interval with 0.15 g/t Au and 0.23% Cu [4] - Hole ZY11-18: 144 m interval with 0.15 g/t Au and 0.22% Cu [6] - The results from the Zymo Project reinforce the scale and continuity of mineralization and suggest that significant targets remain untested [7]