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Stria Lithium Announces the Close of Its Non-Brokered Private Placement Raising $1,000,000
TMX Newsfile· 2026-02-26 16:59
Ottawa, Ontario--(Newsfile Corp. - February 26, 2026) - Stria Lithium Inc. (TSXV: SRA) (" Stria " or the " Company ") announced today the closing of its non-brokered private placement (the " Offering ") previously announced on February 13, 2026 and February 25, 2026, and raised $1,000,000 gross proceeds. The Company issued 2,127,659 Units at a price of $0.47 per Unit. Each Unit is composed of one common share of the Company and one common share purchase warrant (the "Warrant"). Each Warrant entitles the ho ...
The Federal Reserve faces impossible math as gold signals approaching debt wall
KITCO· 2026-02-26 16:44
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco’s Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance. Jeremy began his career in 2006 as a Journalist at CTV (Canada’s largest network), initially engaging audiences as an entertainment reporter before pivoting to business reporting focusing on mining and small-caps. His macro-financial and market trends analysis made him a sought-after commentator on CTV Mornin ...
Silver Bullet Mines Corp. Provides Technical Data on Recent Acquisitions in Arizona
TMX Newsfile· 2026-02-26 16:15
Burlington, Ontario--(Newsfile Corp. - February 26, 2026) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") is pleased to provide historical technical information related to its two recent acquisitions, the Columbia Mine and the Gold Queen Mine. These past producing mines are contiguous to each other located in Gila County, Arizona, roughly 30 miles from the Company's mill in Globe, Arizona.The Company has repeatedly spoken of its hub and spoke business model, commencing in ...
$42,000 in Gold Hidden in Toronto as Sixth Bonus Treasure in The Great Canadian Treasure Hunt Is Released
TMX Newsfile· 2026-02-26 15:42
Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0). With the grand prize now valued at ~$1.5 million, The Great Canadian Treasure Hunt is excited to announce the next regional bonus prize. Organized by The Northern Miner, the treasure hunt continues to attract dedicated hunters and weekend warriors alike. Six one-ounce gold coins valued at over $42,000 will be claimed by a hunter, or hunters, in Toronto, Ontario – the global hub of mining finance ...
First Quantum Minerals Announces Completion of $1,500 Million Senior Notes Offering
Globenewswire· 2026-02-26 15:25
Core Viewpoint - First Quantum Minerals Ltd. has successfully completed an offering of $1,500 million in senior notes with a 6.375% interest rate due in 2036, aimed at refinancing existing debt and managing financial obligations [1][2][3]. Financial Details - The senior notes are unsecured obligations of the company and are guaranteed by certain subsidiaries [2]. - The gross proceeds from the notes will be used to redeem $1,350 million of existing 9.375% senior secured second lien notes due in 2029, repay drawn amounts from a revolving credit facility, and cover transaction fees and expenses [3][4]. Redemption Information - The company has completed the full redemption of its 9.375% senior secured second lien notes, totaling $1,350 million in outstanding principal [4].
Northstar Gold announces financing to advance surgical mining at Cam Copper Project
Proactiveinvestors NA· 2026-02-26 15:17
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Pinnacle Silver and Gold gets closer to production decision at El Potrero
Proactiveinvestors NA· 2026-02-26 14:50
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
MP Materials selects Texas for rare earth magnet manufacturing site
CNBC· 2026-02-26 14:25
MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus, the company announced Thursday, amid a rush to shore up domestic supplies of metals critical for everything from data centers and defense to personal electronics.The facility, dubbed "10X," will use rare earth raw materials that have been sourced and processed at MP Materials' Mountain Pass mine in California. Mountain Pass is the only commercial-scale rare earths mine in the U.S.Once operational, 10X ...
C3 Metals drills broad copper intercepts at Khaleesi
Proactiveinvestors NA· 2026-02-26 14:25
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Commitments Received for ~A$8.2m Placement
Globenewswire· 2026-02-26 14:23
Core Viewpoint - Novo Resources Corp. has announced a capital raising initiative aimed at raising gross proceeds of C$7.9 million (approximately A$8.2 million) through a placement of units and Chess Depository Interests (CDIs) to institutional and sophisticated investors [3][9]. Group 1: Capital Raising Details - The capital raising will involve the issuance of approximately 16.8 million units at C$0.10 per unit and approximately 61.1 million CDIs at A$0.105 per CDI [3]. - The placement will occur in two tranches, with Tranche 1 expected to raise approximately C$6.0 million (around A$6.2 million) and Tranche 2 expected to raise approximately C$1.9 million (around A$2.0 million), subject to shareholder approval [11]. - Major shareholder Northern Star Ltd has committed to participate in the placement up to its pro-rata holding of approximately 9% [5]. Group 2: Use of Proceeds - The funds raised are intended to be primarily used for planned drilling and reconnaissance activities across priority projects throughout 2026, as well as for general working capital purposes [9]. - Drilling will focus on high-priority projects in Western Australia, including Wyloo, Balla Balla, and Teichman, with programs set to commence in Q2 2026 [10][18]. Group 3: Project Highlights - At Wyloo, a proposed 1,500m RC drill program will target a high-grade vein array, with peak rock chip assays returning 0.93 g/t Au, 482 g/t Ag, 1.29% Sb, 2.62% Cu, 9.7% Pb, and 15.95% Zn [10]. - The Balla Balla project will see a planned 6,000m AC drill program aimed at expanding on a previously completed 5,996m Air Core drill program that identified a large polymetallic geochemical anomaly [18]. - The Teichman project will have a planned 2,000m RC drill program focusing on two shear zones that returned significant gold assays [18]. Group 4: Additional Information - Novo continues to receive strong annual dividends from its investment in the San Cristobal Mine, which has delivered excellent returns [13]. - The company has a significant land package covering approximately 4,160 square kilometers in the Pilbara region of Western Australia and is focused on discovering standalone gold and copper projects with over 1 million ounces of development potential [21].