VANCOUVER, BC / ACCESS Newswire / October 9, 2025 / GGL Resources Corp. (TSXV:GGL) ("GGL" or the "Company") announces that it has closed the second and final tranche of its previously-announced non-brokered private placement for total proceeds of $75,000 (see GGL's news releases dated June 24, 2025, July 24, 2025, August 11, 2025 and September 8, 2025). The final tranche consisted of the sale of 1,500,000 units at a price of $0.05 each, each unit consisting of one common share and one common share purchase ...

Core Insights - Battery X Metals Inc. has successfully executed a key component of its capital strategy by exercising common share purchase warrants [1] - A total of 1,635,334 warrants were exercised between January 7, 2025, and March 2, 2025, at a price of $0.25 each [1] - This exercise generated gross proceeds of $408,833.50 for the company [1]

Core Points - Altai Resources Inc. has announced a special cash distribution of $0.06 per common share, totaling approximately $3.4 million, following shareholder approval for a reduction of the stated capital account [1][2] - The special cash distribution will be paid to holders of common shares recorded by October 2, 2025, with payment scheduled for October 9, 2025 [2] - The common shares will trade on a "due bill" basis starting October 3, 2025, and will trade "ex-distribution" from October 10, 2025 [2] Company Overview - Altai Resources Inc. is based in Toronto, Ontario, and has an oil property in Alberta along with a Canadian investment portfolio consisting of cash and cash equivalents [3]

Core Points - Armory Mining Corp. has successfully closed an oversubscribed non-brokered private placement offering, raising a total of $803,000 by issuing 16,060,000 units at a price of $0.05 per unit [1][4] Group 1: Offering Details - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to acquire an additional common share at $0.065 until August 25, 2028 [2] - The company paid cash finder's fees of $54,350 and issued 1,028,000 finder's warrants, which are also exercisable at $0.065 until August 25, 2028 [3] - Additionally, 1,300,000 common shares were issued to an advisor for financial advisory and consulting services related to the offering [3] Group 2: Use of Proceeds - The proceeds from the offering are intended for working capital and general corporate purposes [4] Group 3: Company Overview - Armory Mining Corp. is focused on minerals critical to the energy, security, and defense sectors, controlling an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [5]

Core Viewpoint - Armory Mining Corp. is conducting a non-brokered private placement offering of up to 15,000,000 units at a price of $0.05 per unit, aiming to raise up to $750,000 for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one transferable common share purchase warrant, with warrants allowing the purchase of additional shares at $0.065 for three years [1]. - All securities issued under the offering will be subject to a four-month hold period in accordance with Canadian securities laws [2]. Group 2: Management Changes - Alex Klenman has been appointed as a director of the company, replacing Arjun Grewal, who has resigned but will continue to support the company in an advisory role [3][4]. Group 3: Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors, controlling an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [5].

Core Viewpoint - Mustang Energy Corp. has successfully closed the initial tranche of a $3,000,000 non-brokered private placement, raising C$1,172,292.99 to fund its uranium exploration projects in the Athabasca Basin, Saskatchewan [1][3]. Group 1: Financial Details - The initial tranche consisted of NFT Units and FT Units, with each NFT Unit comprising one common share and one share purchase warrant, while each FT Unit consists of one flow-through share and one warrant [2]. - The warrants allow holders to purchase one non-flow-through share at a price of C$0.21 for a period of 36 months following the issuance [2]. - The company paid finder's fees totaling $79,875.46 in cash and issued 571,312 Finder's Warrants to Red Cloud Securities Inc. as the lead finder [5]. Group 2: Use of Proceeds - Proceeds from the initial tranche will be allocated to the exploration of uranium projects in the Athabasca Basin and for general working capital [3]. - The gross proceeds from the issuance of FT Shares will be used to incur Canadian exploration expenses and flow-through critical mineral mining expenditures, which will be renounced to purchasers by December 31, 2025 [3]. Group 3: Company Overview - Mustang Energy Corp. focuses on acquiring and developing high-potential uranium and critical mineral assets, holding 77,318 hectares in the Athabasca Basin [7]. - The flagship property, Ford Lake, covers 7,743 hectares in the eastern Athabasca Basin, with additional projects including Cigar Lake East and Roughrider South [7][8].