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South Star Announces Closing of Final Tranche of Private Placement and Announces AGSM Results
Globenewswire· 2025-11-22 01:00
Core Viewpoint - South Star Battery Metals Corp. has successfully closed the third and final tranche of its non-brokered private placement, raising a total of C$6,672,000 (approximately US$4,800,000) through the Unit Offering, which will be used for exploration, development, and working capital [2][5]. AGSM Highlights - Shareholders approved all matters at the Annual General and Special Meeting (AGSM), including the closing of the third tranche of the Unit Offering [2][8]. - The third tranche involved the issuance of 22,744,253 units at a price of C$0.15 per unit, generating gross proceeds of C$3,411,638 (approximately US$2,454,416) [2][5]. Unit Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at C$0.20 for five years [3]. - The total gross proceeds from all tranches of the Unit Offering will be allocated to exploration and development activities, general and administrative expenses, and working capital [4]. Insider Participation - Mr. Tiago Cunha, the Interim CEO, purchased an additional 12,342,087 units in the third tranche, bringing his total ownership to 25,455,552 shares, representing 23.92% of the company's outstanding shares [6]. Finder's Fees - The company paid aggregate finder's fees of C$258,995 (approximately US$186,328) in cash and issued 1,987,722 shares as a finder's fee [7]. Company Overview - South Star Battery Metals Corp. is focused on developing battery-metals projects in the Americas, with its Santa Cruz Graphite Project in Brazil being the first to enter production [10]. - The BamaStar Project in Alabama is also in development, with strong economic results indicated by a pre-tax NPV8% of US$2.4 billion and an IRR of 35% [11].
Noble Mineral Closes its Non-Brokered Private Placement and Extends Warrants
Thenewswire· 2025-11-20 21:05
Core Viewpoint - Noble Mineral Exploration Inc. has successfully completed a non-brokered private placement, raising approximately $1.03 million to fund exploration activities in Ontario [2][5]. Private Placement - Noble raised gross proceeds of approximately $1,027,997.94 through the issuance of 17,133,299 flow-through common share units priced at $0.06 per unit [2]. - Each flow-through unit consists of one common share and one-half non-flow-through common share purchase warrant, with full warrants exercisable for two years at an exercise price of $0.10 per share [2]. - The company paid approximately $43,050 in cash commissions and issued 647,497 broker warrants, each exercisable for two years at an exercise price of $0.06 per share [3]. Regulatory Approvals - The private placement has received conditional approval from the TSX Venture Exchange and is subject to final approval [4]. Use of Proceeds - The proceeds from the private placement will be utilized for exploration expenditures on the company's properties located in Ontario [5]. Extension of Warrants - Noble has extended the term of 7,933,333 common share purchase warrants, which will now expire in November 2027 and December 2027 [6]. - Final approval for the extension of the warrants has been received from the Exchange [6]. Company Overview - Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in various nickel and gold exploration properties [8]. - The company holds mineral and/or exploration rights in approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec [9]. - Notable projects include Project 81, which hosts drill-ready targets for gold, nickel-cobalt, and base metals [10].
The US is Expanding Their Critical Minerals List Which is Drawing a Lot of Attention - Amerigo Resources (OTC:ARREF), HOMELAND URANIUM CORP by HOMELAND URANIUM CORP (OTC:HLUCF)
Benzinga· 2025-11-19 16:25
Core Insights - The United States has added 10 minerals, including uranium, to its critical list, prompting global investments of $6.4 billion across 26 strategic projects to secure supply chains [1][2] - The critical minerals sector is projected to grow from $328 billion in 2024 to $586 billion by 2032, indicating significant market potential [3][4] Company Developments - Homeland Uranium Corp. has completed the acquisition of the Skull Creek Project in Colorado, enhancing its control over the Cross Bones Uranium Deposit and its existing Coyote Basin Project [3][4] - The Coyote Basin Project has shown promising results, with a Phase I program confirming a 14-kilometer uranium strike length, situated in a historically productive region [5] - The company has received necessary permits to commence drilling at Coyote Basin and has filed for exploration work at Skull Creek, positioning itself for rapid advancement [4][9] Strategic Positioning - Homeland Uranium aims to leverage its strategic location in Colorado, which has favorable mining regulations, to enhance operational synergies between its projects [4][8] - The company is focused on acquiring quality assets, obtaining drilling permits, and upgrading historical resource estimates to modern standards [8][9] - With rising uranium prices and increasing support for nuclear energy, Homeland is well-positioned to address domestic supply chain concerns [7][9]
First Canadian Graphite Inc. Announces Financings
Thenewswire· 2025-11-18 13:00
  Montreal, QC,   Nov 18th, 2025 — TheNewswire - First Canadian Graphite Inc. (the “Company”) (TSX-V: FCI | Frankfurt: BK2) is pleased to announce the following financings: $225,000 – Hard Dollar The Company intends to offer up to 1,500,000 units at $0.15 for gross proceeds of up to $225,000.  Each unit shall be comprised of one common share and one warrant exerciseable at $0.20 for two years. The gross proceeds from the hard dollar financing will be for general working capital.  While the Company intends ...
Canada formally announces Major Projects
MINING.COM· 2025-11-14 14:51
Canadian Prime Minister Mark Carney has confirmed the second batch of projects to the country’s Major Projects Office, ones already reported by media outlets this week, as the government seeks to fast-track infrastructure building.They include Northcliff Resources’ (TSX: NCF) tungsten proposal in New Brunswick, Nouveau Monde Graphite (NYSE: NMG; TSXV: NOU) in Quebec and Canada Nickel (TSXV: CNC) in Ontario, Carney said Thursday in British Columbia.“Each of these projects that we are referring to the MPO tod ...
Lomiko Metals Announces Closing of Flow-Through Financing
Businesswire· 2025-11-13 23:05
Nov 13, 2025 6:05 PM Eastern Standard Time Lomiko Metals Announces Closing of Flow-Through Financing Share NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX.V: LMR) ("Lomiko†or the "Company†) is pleased to announce the closing of a non-brokered private placement for approximately $800,000 (the "Offering†) of flow-through eligible funds. Pursuant to the Offering, the Company has issued 6,666,666 flow-throu ...
Graphite One Confirms the Presence of Rare Earth Elements at its Graphite Creek Deposit
Prnewswire· 2025-11-13 12:00
Accessibility StatementSkip Navigation CEO: "The presence of two Defense Production Act Title III materials – graphite and REEs – in a single deposit further underscores Graphite Creek as a generational deposit." Initial test work identifies all five of the principal permanent magnet REEs at Graphite Creek G1's Rare Earths recovery plan will include independent testing and process development with a DOE National Lab VANCOUVER, BC, Nov. 13, 2025 /PRNewswire/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) ("G ...
Mining Right Granted and Executed for Zeb Nickel
Globenewswire· 2025-11-04 14:50
Core Insights - Zeb Nickel Corp has been granted a 30-year mining right for the Zeb Nickel Project in South Africa, which significantly de-risks the project and positions it for future partnerships [1][2][5] Operations - Ground gravity and frequency-domain electromagnetic surveys are set to begin at the Zeb Nickel Project to refine the geometry of identified conductors and generate drill targets [4] - The mining right covers an area of 4,703.70 hectares across multiple farms in the Limpopo Province [2] Company Overview - Zeb Nickel Corp focuses on exploring and developing mineral deposits critical for rechargeable batteries, including nickel, graphite, lithium, cobalt, manganese, copper, and aluminum [6]
Nouveau Monde Graphite Inc. (NYSE:NMG) Sees Positive Outlook from National Bank
Financial Modeling Prep· 2025-11-03 22:02
Core Insights - Nouveau Monde Graphite Inc. (NMG) is focused on graphite production, essential for batteries and technologies, and has received an "Outperform" rating upgrade from National Bank, indicating a positive outlook for the company [1][5] Company Developments - NMG has finalized several offtake agreements for its Phase-2 graphite production, partnering with the Government of Canada, Panasonic Energy Co., Ltd., and Traxys North America LLC, which enhances its market position and shows strong support from key industry players [2][5] Stock Performance - Despite the positive developments, NMG's stock is currently trading at $2.65, reflecting a 12.42% decrease from its previous price of $3.02, with volatility observed as the stock fluctuated between $2.61 and $3.23 on the same day [3][5] - Over the past year, NMG's stock has experienced a high of $6.06 and a low of $1.22, indicating significant price movements [3][5] Market Metrics - NMG's market capitalization is approximately $403.1 million, with a trading volume of 1,076,316 shares, reflecting the company's size and investor interest [4]
Northern Graphite Signs Letter of Intent with Italy's Alkeemia to Secure Access to Cleaner Graphite Purification Technology Independent of China
Newsfile· 2025-11-03 12:30
Core Viewpoint - Northern Graphite Corporation has signed a Letter of Intent with Alkeemia S.p.A. to secure access to a cleaner graphite purification technology that is independent of China, aiming to enhance supply chain resilience for the energy transition in the West [1][4][9] Group 1: Partnership and Capacity - Northern Graphite will take up to 50% of the production capacity (100 tonnes per year) of a pilot plant being developed by Alkeemia in Italy [3][5] - The pilot plant will demonstrate the scalability of Alkeemia's HF purification process, which is more efficient and has a lower carbon footprint compared to competing technologies from China [2][5] Group 2: Strategic Importance - The partnership is part of a broader strategy to establish Western-based, vertically integrated supply chains for graphite and battery anode materials, reducing dependence on Chinese supply chains [7][9] - The agreement aligns with Canada's national priorities for critical mineral development, supporting the clean energy transition and enhancing manufacturing capabilities [4][5] Group 3: Technological Advancements - Alkeemia's purification process targets a purity level of 99.96% for graphite used in lithium-ion batteries, which is essential for downstream applications [5][6] - The technology has the potential to be scaled to 5,000 and 10,000 tonnes for deployment in Northern's planned Battery Anode Material facilities in Quebec and France [8][9] Group 4: Resource Integration - Graphite concentrate feedstock for the pilot plant will be sourced from Northern's Okanjande mine in Namibia and Lac des Iles mine in Quebec, integrating upstream assets with downstream processing ambitions [6][11] - Northern Graphite is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products critical to the green economy [10][11]