Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has announced the sale of its Nexus 20 communications and surveillance platform to Critical Metals Corp for deployment at the Tanbreez Project in Greenland, marking CiTech's first international sale of this platform [2][3] Group 1: Company Overview - CiTech specializes in developing autonomous, high-capacity mobile communications and security platforms, targeting sectors such as mining, defense, and emergency services [15] - The Nexus 20 platform is designed for rapid deployment and high reliability in extreme weather conditions, making it suitable for remote and challenging environments [9][15] Group 2: Transaction Details - The Nexus 20 system will include TETRA voice/data radio systems, long-range video surveillance, point-to-multipoint communication links, satellite back-haul, and a remotely operated UAV for tenement inspection [5][6] - Delivery and deployment of the Nexus 20 to the Tanbreez Project is scheduled for May 2026 [4][5] Group 3: Project Significance - The Tanbreez Project is a significant rare earths development in southern Greenland, where the environmental and operational challenges necessitate resilient infrastructure [8][12] - The deployment of the Nexus 20 is expected to enhance operational safety and technical capability for Critical Metals Corp, providing real-time monitoring and assessment of site conditions [11][12] Group 4: Market Demand - There is a growing global demand for deployable infrastructure in the critical minerals and energy sectors, aimed at improving safety, connectivity, and operational efficiency while reducing reliance on fixed installations [9]

Core Viewpoint - Morien Resources Corp. is increasing its non-brokered LIFE financing to offer up to 8,888,889 common shares at a price of $0.18 per share, aiming for gross proceeds of up to $1,600,000 due to strong investor demand [1]. Financing Details - The LIFE Offering is set to close on or about December 16, 2025, pending customary conditions and necessary approvals, including from the TSX Venture Exchange [3]. - The net proceeds from the LIFE Offering are expected to support Morien's operations for an estimated four to five years, covering working capital and general corporate purposes [4]. Project and Partnership Updates - Morien plans to use the funds to advocate for the restart of operations at the Donkin Mine, progress the Lazy Head Aggregate Project in partnership with Carver Companies, and evaluate a Newfoundland aggregate opportunity [4]. - The company continues its relationship with Vulcan Materials Company regarding the Black Point Quarry Project and a $400,000 milestone payment owed to Morien [4]. Share Offering Conditions - The Offered Shares may be sold on a private placement basis in Canada (excluding Québec), the United States under available exemptions, and other jurisdictions as determined by the company [5]. - Shares issued under the Listed Issuer Financing Exemption to Canadian residents will not be subject to a hold period under Canadian securities laws [5]. Company Overview - Morien is a mining development company based in Nova Scotia, established in 2012, with primary assets including royalties from the Donkin Mine and the Black Point Project [7]. - The company emphasizes shareholder returns over corporate size and has 51,292,000 issued and outstanding common shares, with a fully diluted position of 53,992,000 [7].

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES HALIFAX, Nova Scotia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Morien Resources Corp. (“Morien” or the “Company”) (TSX-V: MOX) announces a non-brokered private placement consisting of up to 5,555,556 common shares (“Offered Shares”) at a price of $0.18 per Offered Share (the “Offering Price”) for gross proceeds of up to $1,000,000 (the “LIFE Offering”) pursuant to the Listed Issuer Financing Exemption under Part 5A of ...

Core Points - Abcourt Mines Inc. has entered into an agreement with Red Cloud Securities Inc. for a brokered private placement aiming to raise up to $8,500,000 through the sale of flow-through units and regular units [1][4] - The offering includes up to 41,666,666 flow-through units priced at $0.12 each and up to 41,176,471 regular units priced at $0.085 each [1][3] - The proceeds from the sale of regular units will be allocated for working capital and general corporate purposes, while proceeds from flow-through units will be directed towards the exploration of the Flordin-Cartwright project in Quebec [6] Offering Details - Each flow-through unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at $0.12 within 36 months [2] - Each regular unit also consists of one common share and one warrant, with similar terms for the warrant [3] - The offering is subject to conditions including necessary approvals from the TSX Venture Exchange, with a closing date expected around October 31, 2025 [7] Additional Information - The agents have an option to sell an additional $1,500,000 in units prior to the closing date [5] - The securities will be offered under the Listed Issuer Financing Exemption, making them immediately tradeable under Canadian securities legislation for Canadian residents [4] - The company is a Canadian development firm with properties in northwestern Quebec, focusing on the Sleeping Giant mine and mill [11]

Core Viewpoint - Morien Resources Corp has entered into a strategic partnership with a large U.S.-based regional crushed stone operator to explore long-life crushed stone opportunities in Atlantic Canada [1][3]. Group 1: Strategic Partnership - The partnership aims to leverage Morien's regional expertise and relationships to unlock the potential of high-quality mineral resources in Atlantic Canada for domestic and export infrastructure markets [2][3]. - The collaboration is expected to capitalize on Atlantic Canada's strategic location, deep-water access, and high-quality stone resources to meet rising infrastructure demands in Canada and the eastern U.S. [3]. Group 2: Project Development - A granite project in Nova Scotia has advanced to formal technical and stakeholder engagement, with environmental and permitting groundwork underway [4]. - A limestone project in Newfoundland is progressing through due diligence, including early-stage technical and commercial assessment [4]. Group 3: Financial Terms - Under the strategic partnership agreement, Morien will receive milestone payments upon successful permitting of designated projects and is entitled to a competitive production royalty on future sales [5]. - The partner will reimburse Morien's time and expenses associated with each project, aligning with Morien's focus on disciplined project selection and a partner-driven business model [5]. Group 4: Future Updates - The company expects to provide further updates as milestones are achieved within this new aggregate initiative [6].

Core Points - Morien Resources Corp. announced that shareholders voted in favor of all items at the Annual and Special Meeting of Shareholders held on May 14, 2025 [1] Group 1: Election of Directors - The Board set the number of directors at four, re-electing John Budreski, Dawson Brisco, Mary Ritchie, and Beau White for the upcoming year [2] - The Board confirmed the appointment of executive officers: John Budreski as Executive Chairman, Dawson Brisco as President and CEO, Susanne Willett as CFO, and Suzan Frazer as Corporate Secretary [2] Group 2: Appointment of Auditor - MNP LLP was re-appointed as the Company's auditor until the next annual meeting or until a successor is appointed, with remuneration to be determined by the Board [3] Group 3: Approval of Stock Option Plan - Shareholders re-approved the Company's 10% rolling incentive stock option plan in accordance with TSX Venture Exchange rules [4] Group 4: Continuance of Shareholder Rights Plan - Shareholders approved the reconfirmation and continuance of the Company's shareholder rights plan, originally approved in 2019, which requires affirmation every three years [5] - The Rights Plan aims to provide the Board and shareholders time to consider future takeover bids, ensuring fair treatment for all shareholders [5] Group 5: Company Overview - Morien is a mining development company based in Nova Scotia, established in 2012, focusing on direct prosperity for Nova Scotians [6] - The Company's primary assets include a royalty on coal sales from the Donkin Mine and a royalty on aggregate sales from the Black Point Project [6] - Morien emphasizes shareholder returns over corporate size and has 51,292,000 issued common shares, with a fully diluted position of 53,992,000 [6]