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VR Confirms Effective Date of Previously Announced Consolidation
Globenewswire· 2026-01-14 00:00
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) -- VR Resources Limited (“VR” or the “Company”, TSXV: VRR) announces that, in connection with its previously announced brokered private placement offering (the “Offering”) of up to 17,187,500 units (the “Units”) for aggregate gross proceeds of $2,750,000, the Company will complete its previously announced consolidation of its issued and outstanding co ...
Eagle Plains Announces Fully Funded Drill Program at the George Lake Critical Metals Project, Saskatchewan
Accessnewswire· 2026-01-12 12:00
CRANBROOK, BC / ACCESS Newswire / January 12, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") is pleased to announce that planning is underway for its upcoming 2026 diamond drill program at the 100% owned George Lake Project. ...
VR Upsizes Brokered Private Placement Led by Centurion One Capital to $1,500,000
Globenewswire· 2026-01-09 12:00
Core Viewpoint - VR Resources Limited has announced an increase in its brokered private placement offering due to significant investor demand, raising the total offering to 9,375,000 units for gross proceeds of $1,500,000 [1] Offering Details - Each unit will be priced at $0.16 and will consist of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.20 for 36 months [2] - The offering is contingent upon a consolidation of the company's shares at a ratio of ten pre-consolidation shares for one post-consolidation share, pending approval from the TSX Venture Exchange [3] - Following the consolidation, the company will have approximately 13,344,346 shares outstanding, excluding shares issued in connection with the offering [3] Agent and Commissions - Centurion One Capital Corp. is acting as the lead agent and will receive an 8% commission on the cash proceeds from the sale of the units, along with broker warrants equal to 8% of the units issued [4] Closing and Conditions - The offering is expected to close around January 16, 2026, subject to necessary approvals, including that of the TSX Venture Exchange [5] - The securities issued will have a hold period of four months and one day from the closing date [5] Jurisdiction and Compliance - The units will be offered via private placement in British Columbia, Alberta, and Ontario, as well as in the United States under an exemption from registration requirements [6]
VR Amends Brokered Private Placement Led by Centurion One Capital, amends Consolidation, and Continues Planning towards Exploration on its New Boston and Bonita Porphyry Projects in Nevada in 2026
Globenewswire· 2026-01-07 12:30
Core Viewpoint - VR Resources Limited is conducting a brokered private placement to raise up to $500,000 through the sale of units, with a concurrent share consolidation planned [2][3]. Group 1: Offering Details - The revised terms of the Offering include an issue price of $0.16 per Unit, which consists of one common share and one purchase warrant [2]. - Each Warrant allows the holder to acquire an additional common share at an exercise price of $0.20 for 36 months from issuance [2]. - The Offering is conditional upon a share consolidation of ten pre-consolidation shares for one post-consolidation share, pending approval from the TSX Venture Exchange [3]. Group 2: Share Consolidation - Currently, the company has 133,443,467 shares outstanding, which will reduce to approximately 13,344,346 shares post-consolidation, excluding shares issued in connection with the Offering [3]. - The consolidation is expected to occur around January 15, 2026 [3]. Group 3: Commission and Closing - A commission of 8% of the cash proceeds from the sale of the Units will be payable to the Lead Agent, along with non-transferable broker warrants equal to 8% of the Units issued [4]. - The Offering is anticipated to close on or around January 16, 2026, subject to necessary approvals [5]. Group 4: Regulatory Compliance - The Units will be offered via private placement in British Columbia, Alberta, and Ontario, and in the U.S. under an exemption from registration requirements [6]. - The securities issued will have a hold period of four months and one day from the Closing Date [5]. Group 5: Company Overview - VR Resources is a junior exploration company based in Vancouver, focusing on copper, gold, and critical metals in Nevada and Ontario [9]. - The company utilizes modern exploration technologies and has a proven track record in early-stage exploration and M&A [9]. Group 6: Lead Agent Overview - Centurion One Capital aims to support visionary entrepreneurs with transformative capital and expertise, emphasizing respect, integrity, and performance [10].
VR Extends Brokered Private Placement Led by Centurion One Capital, and Continues Planning towards Exploration on its New Boston and Bonita Projects in Nevada in 2026
Globenewswire· 2025-12-22 12:21
Core Viewpoint - VR Resources Limited has extended the date for its proposed offering of up to $1.5 million in units to January 18, 2026, while continuing to plan for exploration programs in 2026 on its New Boston and Bonita porphyry projects in Nevada [1][6] Offering Details - The offering consists of units that include one common share and one share purchase warrant, with a commission of 8% payable to the lead agent, Centurion One Capital Corp, on the aggregate cash proceeds [2][3] - The offering is expected to close around January 18, 2026, subject to necessary approvals and the completion of a 5 to 1 share consolidation [3] - The units will be offered via private placement in British Columbia, Alberta, Ontario, and certain jurisdictions outside Canada and the U.S., exempt from U.S. registration requirements [4] Company Overview - VR Resources is a junior exploration company based in Vancouver, focusing on copper, gold, and critical metals in Nevada and Ontario, utilizing modern exploration technologies and in-house expertise [6]
Searchlight Enters into Sale Agreement of Kulyk Lake and Daly Lake Projects to Monazite Metals Corp.
TMX Newsfile· 2025-12-18 12:30
Total compensation up to $1,480,000 $180,000 cash and $1,000,000 in Monazite Metals shares$300,000 payment subject to achievement of certain milestones1% Net Smelter Royalty Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") is pleased to announce that it has entered into an agreement, dated December 16, 2025 ("MMC Agreement"), with Monazite Metals Corp. ("MMC") to sell the Company's Kulyk Lake and D ...
Midland Announces Closing of $3.0M Private Placement
Globenewswire· 2025-12-09 21:30
Core Points - Midland Exploration Inc. has completed a non-brokered private placement, issuing a total of 4,972,876 flow-through shares at $0.56 each and 550,000 common shares at $0.46 each, raising total gross proceeds of $3,037,811 [1][2] - Centerra Gold Inc. has exercised its right to maintain approximately 9.9% ownership by acquiring 550,000 shares as part of the private placement [2] - Insiders participated in the private placement, acquiring 443,500 flow-through shares for total gross proceeds of $348,360, which is classified as a related party transaction [3] - Following the private placement, Midland has 112,973,453 common shares issued and outstanding, and the transaction is subject to final acceptance by the TSX Venture Exchange [4] Financial Details - The total gross proceeds from the private placement amount to $3,037,811, with $348,360 raised from insider participation [1][3] - Finder's fees totaling $116,485 were paid to third parties in connection with the private placement [4] Company Strategy - Midland plans to use the proceeds from the private placement to fund exploration activities on its properties in Quebec and for general corporate purposes [2] - The company is focused on discovering new world-class deposits of gold and critical metals in Quebec and aims to build its portfolio through partnerships and additional agreements [5]
Trimera Metals Announces Effective Date of Name and Symbol Change
Newsfile· 2025-11-28 02:30
Core Points - The company has changed its name from "Trimera Metals Corp." to "United Critical Minerals Corp." and its ticker symbol from "TRM" to "UCM" [1][2] - Trading under the new name and symbol will commence on December 1, 2025 [2] - New CUSIP (91016A108) and ISIN (CA91016A1084) numbers have been assigned to the common shares, and no action is required from shareholders [3] - The CEO stated that the name change reflects the company's strategic shift towards critical metals in response to high demand in the United States [4] - The company is focused on the exploration and development of its Tahlo Lake property, which consists of four wholly owned mining claims totaling approximately 1,692 hectares [5]
Shares of Australian rare earth companies surge on $8.5 billion U.S. critical minerals deal
CNBC· 2025-10-21 01:47
Group 1 - A significant minerals deal worth up to $8.5 billion was announced between the U.S. and Australia, leading to a surge in shares of major Australian critical metals and rare earths companies [1][2] - Lynas Rare Earths saw a 4.7% increase, Iluka Resources rose over 9%, and Pilbara Minerals gained approximately 5% in early trading [2] - Smaller rare earth miners experienced substantial gains, with VHM soaring around 30%, Northern Minerals increasing over 16%, and Latrobe Magnesium rising nearly 47% [3] Group 2 - Alcoa, which is developing a gallium recovery project in Western Australia, was identified as a priority project under the new minerals deal, with Washington making an equity investment [3][4] - Alcoa's shares rose nearly 10% on the Australian Securities Exchange [4] - The agreement emphasizes the importance of rare earths and critical metals for high-tech products, including electric vehicles and defense equipment, amid China's tightened export controls [4] Group 3 - Both the U.S. and Australia will contribute $1 billion each over the next six months for immediately available projects, with a total investment of more than $3 billion planned [5] - The Export-Import Bank of the United States will issue letters of interest for over $2.2 billion in financing, potentially unlocking up to $5 billion in total investment [5]
First Lithium Minerals Corp Completes Flow-Through Financing
Newsfile· 2025-09-26 21:53
Core Points - First Lithium Minerals Corp. has completed a flow-through financing for gross proceeds of $75,000 by issuing 937,500 flow-through shares at an issue price of $0.08 per share [1][2] - Insiders of the Company purchased 500,000 flow-through shares, which is classified as a related party transaction under CSE policies [3] - The Company is exploring lithium and alkali metals at its 100% owned Ascotan Project in Chile and is planning its inaugural drilling program [4] Financing Details - The financing raised a total of $75,000 through the issuance of 937,500 flow-through shares at $0.08 each [1] - Finders fees amounted to $2,450 in cash and 30,625 finders warrants, each exercisable into a common share at an exercise price of $0.08 for 18 months [2] Insider Participation - Insiders purchased 500,000 flow-through shares, which is considered a related party transaction [3] - The Company is relying on exemptions from formal valuation and minority shareholder approval requirements as the transaction does not exceed 25% of the Company's market capitalization [3] Company Overview - First Lithium Minerals is a Canadian mineral exploration and development company focused on lithium and alkali metals [4] - The Ascotan Project covers approximately 1,775 hectares in the Salar de Ascotan, Antofagasta Region, Chile, with identified priority exploration drill targets [4] - The Company is also exploring for gold and critical metals at its Lidstone project, which consists of 17,300 hectares in northwestern Ontario, Canada [4]