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Gold Hunter Closes First Tranche of Financing to Fund District-Scale Exploration Program
Newsfile· 2025-07-16 11:30
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (OTCQB: HNTRF) (FSE: 6RH) ("Gold Hunter" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement financing (the "Offering") for total gross proceeds of $652,774.The first tranche consisted of:$436,005 raised through the issuance of flow-through units at a price of $0.09 per unit, and$216,769 raised through the issuance of non ...
BULGOLD Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately $1 Million
Globenewswire· 2025-07-10 13:15
Not for distribution to United States newswire services or for dissemination in the United States TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is pleased to announce the closing of its previously announced non-brokered private placement (the "Offering") for gross proceeds of approximately $1,076,720 from the sale of 21,534,407 common shares in the capital of the Company (each, a "Share") at a price of $0.05 per Share (the "Issue Price"). In consideration ...
Inflection Resources to Acquire Portfolio of Australian Copper-Gold Projects from Newmont Corporation
Globenewswire· 2025-06-16 10:30
Core Viewpoint - Inflection Resources Ltd. has entered into a definitive agreement to acquire a 100% interest in a portfolio of Australian copper-gold exploration projects from Newmont Corporation, which includes the Tennant East and Bell River projects, indicating a strategic expansion in high-potential mineral exploration [1][3][8]. Group 1: Project Details - The Bell River project, covering approximately 115 km², is located in New South Wales and is situated near significant mining operations, including Newmont's Cadia mine [5][8]. - The geological composition of the Bell River tenement includes calc-alkaline Mid-Ordovician Fairbridge Volcanics, which host advanced argillic alteration zones interpreted as relic porphyry-related lithocaps [6][10]. - The Tennant East project consists of twelve exploration licenses totaling around 4,200 km² in the Northern Territory, which are considered highly prospective for Iron Oxide Copper Gold (IOCG) targets [12][8]. Group 2: Exploration Potential - Inflection's systematic exploration strategy will leverage previous exploration data and geological interpretations to identify potential copper-gold mineralization at depth, particularly in areas with minimal prior drilling [10][19]. - The Bell River project is noted for its significant zones of advanced argillic alteration and outcropping lithocaps, which are indicative of preserved porphyry systems [9][10]. - The Tennant East project has shown promising early results from cursory exploration, including geochemical footprints consistent with IOCG mineralization [15][12]. Group 3: Agreement Terms - For the Bell River project, Inflection will issue 1,000,000 common shares to Newmont and make a one-time payment of AUD$2.5 million upon completion of a compliant Pre-Feasibility Study, along with a AUD$5 million payment upon the start of commercial production [20]. - The Tennant East project acquisition involves issuing 250,000 common shares and reimbursing Newmont for tenement renewal fees, with Newmont retaining a 1.5% net smelter return (NSR) royalty [21]. - The transactions are expected to close in several weeks, pending the transfer of exploration licenses and share issuance [22].
BULGOLD Announces Non-Brokered Private Placement for Gross Proceeds of Up to $1 Million
Globenewswire· 2025-06-05 21:00
Not for distribution to United States newswire services or for dissemination in the United States TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is pleased to announce a non-brokered private placement (the "Offering") for gross proceeds of up to $1,000,000 from the sale of common shares of the Company (each, a "Share") at a price of $0.05 per Share (the "Issue Price"). The Company has agreed to pay a finder’s fee to arm’s length parties for services rendere ...
BULGOLD Announces Filing of First Quarter Financial Results For The Three Months Ended March 31, 2025
Globenewswire· 2025-05-23 21:05
TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is pleased to announce that it has filed its unaudited condensed interim financial statements and MD&A for the first quarter ended March 31, 2025. For the 3 months ending March 31, 2025, the company incurred a net loss of $119,150 ($0.00 per share). On March 31, 2024, the company had cash (and cash equivalents) of $252,891. About BULGOLD Inc. BULGOLD is a gold exploration company focused on the exploration and ...
Trident Resources Announces Appointment of Canadian Mining Hall of Famer Ron Netolitzky as a Strategic Advisor
Globenewswire· 2025-05-22 11:00
Core Viewpoint - Trident Resources Corp. has appointed renowned geologist Ronald Netolitzky as an advisor to enhance its exploration efforts in the La Ronge Gold belt, leveraging his extensive experience in mineral exploration and operations in Canada [1][4]. Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX Venture Exchange, focusing on the acquisition, exploration, and development of advanced-stage gold and copper projects in Saskatchewan, Canada [9]. Key Appointments - Ronald Netolitzky, an accomplished Canadian geologist, has been responsible for significant mineral discoveries in Canada, including the Snip and Eskay Creek properties, and has been involved in 12 major corporate transactions throughout his career [2][3]. - Jon Wiesblatt, Trident's CEO, expressed confidence that Netolitzky's guidance will be crucial for unlocking value in the company's gold assets [4]. Marketing and Liquidity Engagements - Trident has engaged Velocity Trade Capital Ltd. to provide market-liquidity services for a fee of CAD $6,000 per month, starting May 6, 2025, to improve trading liquidity and reduce volatility [5]. - Market One Media Group Inc. has been contracted for a 12-month marketing campaign at a cost of CAD $46,000, which includes producing corporate videos and editorial articles [6]. - Winning Media LLC will provide digital media marketing services for three months, starting May 19, 2025, for an upfront fee of USD $50,000 [7]. Project Focus - The company is advancing its 100% owned Contact Lake and Greywacke Lake projects, which host significant historical gold resources in the La Ronge Gold Belt, as well as the Knife Lake copper project with a historical copper resource [9].
BULGOLD Announces Annual General and Special Meeting Voting Results
Globenewswire· 2025-05-21 21:00
Core Points - BULGOLD Inc. held its Annual General and Special Meeting on May 21, 2025, where all matters proposed were approved by the requisite majority of votes [1][2] - Shareholders elected all director nominees and appointed McGovern Hurley LLP as auditors until the next annual meeting [2] - An ordinary resolution was passed to ratify the Company's 10% "rolling" equity incentive plan, allowing for the issuance of awards based on 10% of the outstanding common shares [3] - Approximately 39.7% of the Company's issued and outstanding common shares were voted, with over 99.4% approval for all matters [4] Company Overview - BULGOLD is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe, controlling three quartz-adularia epithermal gold projects in Bulgaria and Slovakia [5] - The projects include the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project, which are believed to have potential for high-grade gold mineralization [5] - As of December 31, 2024, BULGOLD had 27,597,928 issued and outstanding shares, with approximately 40.3% held by Founders, Directors, and Management [6]
Azucar Announces the Option of Three Projects in Nevada, USA from Almadex Minerals
Globenewswire· 2025-05-01 11:30
VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Azucar Minerals Ltd. ("Azucar" or the "Company") (TSX-V: AMZ; OTCQB: AXDDF) announces that it has signed an Option-Joint venture exploration agreement (the “Option”) with Almadex Minerals Ltd. (“Almadex”) whereby Azucar has the option to acquire a 60% interest in three of Almadex’s wholly owned blocks of claims in Nevada, the Pilot, Confusion Hills and Red Ring prospects more fully described below (the “Projects”). The Pilot project also includes ...