Vancouver, B.C. October 10, 2025 — TheNewswire – Ares Strategic Mining Inc. (CNSX: ARS) (“Ares” or the “Company”) is pleased to announce a non-brokered private placement offering of up to 22,222,222 units (each, a “Unit”) at a price of $0.45 per Unit for gross proceeds of up to $10,000,000 (the “Offering”).  Each Unit shall consist of one (1) common share in the capital of the Company (each, a “Common Share”) and one-half (1/2) of one non-transferable Common Share purchase warrant (each whole warrant, a “ ...

Edmonton, Alberta--(Newsfile Corp. - October 10, 2025) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") announces a 30-day extension to the private placement offering for gross proceeds of up to $1 Million originally announced on September 11, 2025.Private Placement OfferingThe Offering consists of up to 8,333,333 Units and up to 25,000,000 of any combination of Units and FT Units at a price of $0.03 per Unit and per FT Unit. Each Unit shall consist of one commo ...

Core Viewpoint - Wilton Resources Inc. plans to issue units through a non-brokered private placement at a price of $0.35 per unit, aiming for gross proceeds of up to $850,000, primarily for corporate purposes and to acquire an international oil and gas property [1][4]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.45 for 12 months [2]. - The offering is subject to regulatory approvals, including from the TSX Venture Exchange (TSXV), and the offering price and exercise price may change [4]. - The common shares and warrants will have a statutory hold period of four months plus one day from the closing date [4]. Group 2: Insider Participation and Related Transactions - Certain insiders of the corporation may participate in the offering, which will be considered a related party transaction under Multilateral Instrument 61-101 [5]. - The corporation intends to rely on exemptions from formal valuation and minority approval requirements based on the fair market value of the offering not exceeding 25% of its market capitalization [5]. Group 3: Approval and Governance - The offering was unanimously approved by the corporation's board of directors [6].

Core Points - Falco Resources Ltd. has entered into an agreement with Cantor Fitzgerald Canada Corporation for a bought deal private placement of 31,250,000 units at a price of $0.32 per unit, aiming for total gross proceeds of $10,000,000 [1][4] - Each unit consists of one common share and one half of a common share purchase warrant, with the whole warrant allowing the purchase of one common share at $0.46 within 18 months after the closing date [2] - The corporation may increase the offering size by up to 4,687,500 units for additional gross proceeds of $1,500,000 [3] Use of Proceeds - The net proceeds from the sale of units will be used for advancing the Horne 5 Project in Québec, as well as for working capital and general corporate purposes [4] Offering Details - The offering is expected to close around October 17, 2025, subject to necessary approvals including that of the TSX Venture Exchange [4] - The units are being offered via private placement to accredited investors in Canada and may also be offered in the United States under certain exemptions [5] Company Overview - Falco Resources is one of the largest mineral claim holders in Quebec, with approximately 67,000 hectares of land in the Noranda Mining Camp, representing 67% of the camp [8] - The main asset is the Horne 5 project, located beneath the former Horne mine, which historically produced 11.6 million ounces of gold and 2.5 billion pounds of copper [8] - Osisko Development Corp. is the largest shareholder of Falco, holding a 16% interest in the corporation [8]

Core Viewpoint - Reconnaissance Energy Africa Ltd. has successfully completed an upsized underwritten public offering, raising gross proceeds of C$20,373,740 at a price of C$0.60 per unit, which includes the exercise of the over-allotment option [1][2] Offering Details - The offering was led by Research Capital Corporation as the lead underwriter, with participation from Canaccord Genuity Corp. and Haywood Securities Inc. [2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of one common share at C$0.72 until September 29, 2027 [3] - The net proceeds will be allocated to appraisal and exploration activities in Gabon, maintenance costs in Namibia, commitments in Angola, and general working capital [4] Management Commentary - The President and CEO expressed satisfaction with the successful closing of the offering, emphasizing its role in advancing the drilling program in Namibia and the new business plan for the Ngulu block in Gabon [5] Additional Offering Information - The offering was conducted via a prospectus supplement to the Company's base shelf prospectus, with units sold outside Canada on a private placement basis [6] - Certain insiders participated in the offering, acquiring a total of 18,400 units, which is classified as a related party transaction [7] Underwriters' Compensation - The underwriters received a cash commission of 6.0% of the gross proceeds, totaling C$1,088,428.80, along with broker warrants and an advisory fee [8] Financial Advisory Engagement - Research Capital Corporation was compensated C$120,000 and issued 166,667 units for advisory services related to the Gabon transaction and the offering [10] Corporate Developments - Mark Friesen has been appointed as Vice President of Investor Relations & Capital Markets, effective October 1, 2025, and the company granted stock options to acquire 625,000 common shares [11] Company Overview - ReconAfrica is engaged in oil and gas exploration in Namibia, Angola, and Botswana, holding petroleum licenses over approximately 13 million acres, and operates the Ngulu block offshore Gabon [12]

Tsodilo Resources Limited Closes Private Placement Financing for UnitsSeptember 26, 2025 5:07 PM EDT | Source: Tsodilo Resources LimitedToronto, Ontario--(Newsfile Corp. - September 26, 2025) - Tsodilo Resources Limited (TSXV: TSD) (OTCQB: TSDRF) (FSE: TZO) ("Tsodilo" or the "Company") is pleased to announce the closing of a non-brokered private placement financing (the "Financing") for gross proceeds to the Company of C$310,317 on September 26, 2025, through the issuance of 2,067,581 units of ...

Core Viewpoint - Grizzly Discoveries Inc. has announced a private placement offering aimed at raising up to $1 million through the sale of Units and FT Units priced at $0.03 each [1][2][3]. Private Placement Financing - The offering consists of up to 8,333,333 Units and up to 25,000,000 FT Units, with each Unit comprising one common share and one warrant [3]. - The warrants allow the holder to purchase an additional common share for $0.05, expiring either 30 days after a price threshold is met or 24 months from issuance [3]. Use of Proceeds - The proceeds from the offering, if fully subscribed, will be allocated as follows: - Mineral Property Exploration: $750,000 - Mineral Rights and Exploration Permits: $80,000 - Working Capital: $100,000 (including outstanding management fees and other accounts payable) - Corporate Overhead: $70,000 [4]. Finder's Fees and Trading Restrictions - The company may pay finders fees in cash, Units, and Warrants to registered broker dealers in accordance with TSX Venture Exchange policies [5]. - Common Shares and shares issued upon warrant exercise will be subject to trading restrictions for four months and one day from issuance [5]. Company Overview - Grizzly Discoveries Inc. is a diversified Canadian mineral exploration company with a primary focus on developing approximately 72,700 hectares of precious and base metals properties in southeastern British Columbia [7]. - The company is managed by a team with a proven track record in advancing exploration projects from early stages to feasibility [8].

Core Viewpoint - Lion One Metals Limited has announced an increase in its non-brokered private placement offering, raising the gross proceeds from $15 million to $20 million due to strong investor demand [2]. Group 1: Offering Details - The upsized LIFE Offering will consist of up to 62,500,000 units priced at $0.32 per unit, with each unit comprising one common share and one warrant [2]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.42 for three years from issuance [2]. - The offering is expected to close around September 23, 2025, subject to customary conditions and approvals [5]. Group 2: Use of Proceeds - The net proceeds from the LIFE Offering will be allocated to the development of the Tuvatu Gold Project, repayment of a loan facility with Nebari, and general working capital [4]. Group 3: Finder's Fees - The company may pay finders' fees up to 7% of the gross proceeds raised, which will include cash commissions and finder warrants [6].

Core Viewpoint - Silver47 Exploration Corp. has announced a brokered private placement to raise up to $14 million through the sale of units priced at $0.70 each, with the offering expected to close around September 16, 2025 [1][6]. Group 1: Offering Details - The offering consists of up to 20,000,000 units, each unit comprising one common share and one-half of a common share purchase warrant, with each whole warrant exercisable at $1.00 for 36 months [1][2]. - The company has granted agents an option to increase the offering size by up to $2.1 million [3]. - The offering is available to purchasers in all Canadian provinces except Quebec, relying on the "listed issuer financing exemption" [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for further exploration work on the company's projects and for general working capital purposes [2]. Group 3: Financial Terms - The company will pay agents a cash commission of 6% of the gross proceeds and issue broker warrants equal to 6% of the units sold, exercisable at $0.70 for 36 months [7]. Group 4: Company Overview - Silver47 Exploration Corp. focuses on developing silver-rich deposits in North America, with a combined resource totaling 236 million ounces of silver equivalent at an inferred grade of 334 g/t and 10 million ounces at an indicated grade of 333 g/t [9]. - The company operates in Alaska, Nevada, and New Mexico, which are known for their prolific mining jurisdictions [9].

Core Points - Glenstar Minerals Inc. has amended its private placement agreement to raise up to $3,060,000 by offering 4,500,000 units at a price of $0.68 per unit, each consisting of one common share and one warrant [1][2] - The additional funds will be utilized to enhance and expedite the drilling program at the Green Monster Property [2][6] - The offering includes an option for the agent to sell up to an additional 675,000 units for gross proceeds of up to $459,000 [2] - The price of the Compensation Options has been adjusted to $0.68 to align with the Offering Price [3] - The offering will be conducted under specific Canadian securities regulations and will not be registered under U.S. securities laws [4][8] - The net proceeds from the offering will be allocated for drilling, trenching, exploration activities, and general administrative expenses [6] - The closing of the offering is anticipated in August 2025, subject to customary conditions [7]