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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
Core Viewpoint - Carlton Precious Inc. has filed a notice of intention to distribute securities related to the proposed sale of up to 5 million common shares of Athena Gold Corporation as part of a monetization strategy [1][2]. Group 1: Company Overview - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, listed on the TSX Venture Exchange [3]. - The company is managed by a team of experienced mining and geological professionals and operates in key mining jurisdictions including Peru and Australia [3]. Group 2: Shareholding and Sale Details - As of September 16, 2025, Carlton Precious owns 55 million common shares of Athena, representing 21.1% of the total issued and outstanding shares [2]. - If the maximum number of shares proposed for sale is sold, the company would retain 50 million shares, or 19.2% of Athena's common shares [2]. - The company may further decrease its holdings in Athena depending on market conditions [2].
Carlton Announces OTC Symbol Change to CPIFF
Globenewswire· 2025-09-10 11:00
Core Points - Carlton Precious Inc. has changed its U.S. trading ticker symbol from "NBRFF" to "CPIFF" to align with its corporate name and TSX Venture Exchange ticker [1] - Existing shareholders do not need to take any action regarding the ticker change, and shares will continue to be listed on the TSX Venture Exchange under the symbol "CPI" [2] - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, with projects in key mining jurisdictions such as Peru and Australia [3]
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]