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Hanstone Gold Options Snip North Project
Thenewswire· 2025-10-03 04:45
Core Viewpoint - Hanstone Gold Corp. has entered into a property option agreement with Goldrea Resources Corp. for a 70% interest in the Snip North Project, allowing Goldrea to focus on its advancement while Hanstone continues developing its Doc Property claims [1][2]. Company Overview - Hanstone Gold Corp. is a precious and base metals explorer focused on the Doc Project located in British Columbia's Golden Triangle, an area known for its mineral wealth [4]. - The company holds a 100% earn-in option on the 1,704-hectare Doc Project and owns a 100% interest in the 3,443-hectare Snip North Project, which is now subject to the option agreement with Goldrea [4]. Option Agreement Details - Goldrea must incur a total of $1,250,000 in exploration expenditures on the Snip North Project, with specific amounts due by September 30 of each year from 2026 to 2029 [3]. - Goldrea is also required to transfer $100,000 in eligible assessment credits to extend the expiry date of the Property to June 30, 2026; if the transfer is not approved, the option agreement will terminate [3]. - Upon earning a 70% interest, a 70/30 joint venture will be established for exploring and exploiting the Property, with a formal joint venture agreement to be negotiated [3].
Carlton Precious Announces Filing of Notice of Intention to Sell Athena Gold Corporation Common Shares
Globenewswire· 2025-09-17 11:00
TORONTO, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Carlton Precious Inc. (TSX-V: CPI | OTCQB: CPIFF) ("Carlton Precious" or the "Company") announces that the Company has filed a notice of intention to distribute securities (Form 45-102F1) (the “Notice”) in connection with its proposed sale of up to 5 million common shares of Athena Gold Corporation (CSE: ATHA) (“Athena”). The common shares are expected to be sold through the facilities of the Canadian Securities Exchange, and may also be sold or transferred privat ...
Carlton Announces OTC Symbol Change to CPIFF
Globenewswire· 2025-09-10 11:00
TORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Carlton Precious Inc. (TSX-V: CPI | OTCQB: CPIFF) ("Carlton" or the "Company") is pleased to announce that effective today, the Company's common shares now trade in the United States on the OTC market under the new ticker symbol "CPIFF". The change from the previous symbol "NBRFF" to "CPIFF" is part of the Company's ongoing efforts to align its U.S. market identity with its current corporate name and TSX Venture Exchange ticker, "CPI". No action is required by exi ...
Goldstorm Metals Announces Closing of Upsized Non-Brokered Private Placement Financing for Approximately $2.1 Million, with Participation by Eric Sprott
Newsfile· 2025-06-27 13:07
Core Viewpoint - Goldstorm Metals Corp. has successfully closed a non-brokered private placement financing, raising approximately $2.1 million, with notable participation from strategic investor Eric Sprott [2][5]. Financing Details - The private placement generated gross proceeds of $2,088,973.75, consisting of 15,441,483 non-flow-through units sold at $0.07 each, totaling $1,080,903.81, and 9,999,999 flow-through units sold at $0.1008 each, totaling $1,007,999.90 [2][3]. - Each non-flow-through unit includes one common share and one-half of a warrant, while each flow-through unit includes one common share and one-half of a warrant [3]. Warrant Information - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for 24 months, with an acceleration clause if the common shares reach a closing price of $0.20 for ten consecutive trading days [4]. Strategic Investor Participation - Eric Sprott, through his corporation, acquired 3,571,428 common shares and 1,785,714 warrants, qualifying as a related-party transaction [5]. Use of Proceeds - Net proceeds from the sale of non-flow-through units will be allocated for working capital and general corporate purposes [6]. - Gross proceeds from flow-through units will be used for Canadian exploration expenses, with a commitment to incur qualifying expenditures by December 31, 2026 [7]. Finder's Fees - The company paid cash commissions of $45,746.44 to finders and issued 651,377 non-transferable finder's warrants, each allowing the purchase of one common share at $0.1008 for 24 months [8][9]. Company Overview - Goldstorm Metals Corp. is focused on precious and base metals exploration, holding a significant land position in British Columbia's Golden Triangle, known for high-grade gold deposits [10].
Carlton Precious Announces Additional Tranche of Private Placement
Globenewswire· 2025-06-17 02:41
Core Points - Carlton Precious Inc. has closed an additional and final tranche of a non-brokered private placement, issuing 126,389 units at a price of $0.09 per unit, resulting in gross proceeds of $11,375 [1] - The total private placement now amounts to 18,303,277 units with total aggregate proceeds of $1,647,295 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at $0.12 for 24 months [2] Financial Utilization - Net proceeds from the private placement will be used to initiate a drilling program at the Esquilache Project in Peru, conduct exploration at the Matthina Gold Project, and for general working capital [3] Related Party Transaction - The final tranche of the private placement involved a related party transaction, as an insider subscribed for 126,389 units [4] - The company is relying on exemptions from certain requirements of MI 61-101 due to the insider's participation not exceeding 25% of the company's market capitalization [4] Company Overview - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, listed on the TSX Venture Exchange [6] - The company operates in key mining jurisdictions, including Peru and Australia [6]
Carlton Precious Announces Closing of Private Placement
Globenewswire· 2025-06-12 17:48
Core Points - Carlton Precious Inc. has successfully closed a non-brokered private placement, issuing 18,176,888 units at a price of $0.09 per unit, resulting in gross proceeds of $1,635,920 [1][4] - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at $0.12 for 24 months [2] - The company paid cash finder's fees of $53,829 and issued 590,333 broker warrants, each allowing the purchase of one common share at $0.09 for 24 months [3] Financial Utilization - Net proceeds from the private placement will be used for a drilling program at the Esquilache Project in Peru, exploration activities at the Matthina Gold Project, and general working capital [4] Related Party Transaction - The private placement involved insiders subscribing for 2,175,000 units, qualifying as a related party transaction under TSX Venture Exchange Policy 5.9 and MI 61-101 [5] - The company is relying on exemptions from certain requirements of MI 61-101 due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [5] Company Overview - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, with projects in key mining jurisdictions including Peru and Australia [7]
Goldstorm Metals Announces Upsizing of Previously Announced Private Placement Financing to $1.8 Million, with Participation by Eric Sprott
Newsfile· 2025-06-09 12:53
Core Viewpoint - Goldstorm Metals Corp. is increasing its previously announced private placement financing to $1.8 million due to strong investor demand [1] Financing Details - The Offering will consist of non-flow-through units (NFT Units) priced at $0.07 each and flow-through units (Charity FT Units) priced at $0.1008 each [1][2] - Each NFT Unit includes one common share and half a warrant, while each Charity FT Unit includes one common share and half a warrant [2] - Warrants allow holders to purchase one common share at an exercise price of $0.10 for 24 months, with an acceleration clause if the share price exceeds $0.20 for ten consecutive trading days [2] Use of Proceeds - Net proceeds from NFT Units will be allocated for working capital and general corporate purposes [3] - Gross proceeds from Charity FT Units will be used for Canadian exploration expenses, which will qualify as flow-through mining expenditures [4] Regulatory and Compliance - The Offering is subject to regulatory approval, including that of the TSX Venture Exchange [5] - Securities issued will be subject to a statutory four-month hold period [5] Company Overview - Goldstorm Metals Corp. is focused on precious and base metals exploration, with significant land holdings in British Columbia's Golden Triangle, known for high-grade gold deposits [6][8]