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New Age Metals Closes Second Finance Tranche Raising An Additional $933,399.36 With Eric Sprott Subscribing To $2 Million In The First Tranche
Thenewswire· 2025-10-10 12:00
October 10, 2025, Vancouver, BC – TheNewswire - New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) (“NAM” or the “Company”) announces that the Company has closed the second tranche of a non brokered private placement financing by issuing 3,068,846 flow-through units (“FT Units”) at a price of $0.26 per FT Unit and issuing 615,906 non-flow-through units (“NFT Units”) at a price of $0.22 per NFT Unit for gross proceeds in the second tranche of $933,399.36 and an aggregate first and second tranche tot ...
LIFT Completes the First Full Year of Baseline Environmental Studies for the Yellowknife Lithium Project
Newsfile· 2025-10-10 07:05
Core Insights - The completion of the 2025 Environmental Baseline Studies Program for the Yellowknife Lithium Project marks a significant milestone for Li-FT Power Ltd., as it fulfills the first year of required seasonal baseline data for advanced permitting activities, including Environmental Assessment [1][9] Environmental Baseline Studies Program - The Program was conducted by Det'on Cho Environmental, an Indigenous-owned firm, in collaboration with Li-FT Power's management and technical teams [2] - The focus areas included regions adjacent to known pegmatite dykes and potential infrastructure locations, considering upstream, downstream, and downwind impacts [2] - The Program aimed to characterize existing conditions in aquatic, atmospheric, terrestrial, and human environments using scientific methods and Indigenous knowledge [5][6][7][8] Aquatic Environment - The aquatic studies included bathymetry, hydrology, hydrogeology, water quality surveys, and assessments of fish and aquatic habitats, with field programs conducted monthly from April to September [5] Atmospheric Environment - Atmospheric studies involved noise, vibration, light surveys, and air quality monitoring, with noise and light surveys conducted in late summer and air quality monitoring set to continue year-round [6] Terrestrial Environment - Terrestrial studies encompassed vegetation, soils, terrain, permafrost, host rock geochemistry, and wildlife assessments, with field programs conducted from May to September and ongoing laboratory analyses [7] Human Environment - Initial human environment programs focused on heritage resources, land and resource use, and Indigenous Knowledge integration, with plans for expansion over time [7][8] Future Engagements - Future programs will be refined in collaboration with local Indigenous communities and regulatory authorities, building on previous engagements and the outcomes of the current Program [8] - The Company has entered into a media services contract with Freedom Financial Research, LLC, for marketing services, with a one-time payment of US$100,000 [10]
Why Rare Earths and Miner Stocks Soared Thursday
Investopedia· 2025-10-09 22:15
Core Insights - Rare earths and mineral miner stocks experienced significant gains following China's decision to tighten export restrictions on these critical materials, citing national security reasons [1][3] - The U.S. mining sector has seen a surge in stock prices, with companies like USA Rare Earth and MP Materials benefiting from China's export limitations [2][7] Company Performance - USA Rare Earth (USAR) shares increased by 15%, while MP Materials (MP) saw a nearly 3% rise [2] - Albemarle (ALB), the largest lithium producer, led the S&P 500 with a 5% increase, and Lithium Americas (LAC) gained 2% [2] - Since the beginning of October, Lithium Americas shares have risen over 40%, MP Materials has increased close to 10%, and Albemarle has gained nearly 20% [5] Market Context - The gains in the mining sector occurred on a day when major U.S. stock indexes were down due to a federal government shutdown, highlighting the relative strength of the rare earths sector [3] - The Trump administration's investments in strategically significant companies like Lithium Americas and MP Materials aim to reduce U.S. reliance on Chinese rare earths [4][7]
Surge Battery Metals Closes Fully Subscribed Non-Brokered LIFE Offering
Newsfile· 2025-10-09 20:31
West Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce that it has closed its fully subscribed non-brokered private placement offering (the "LIFE Offering"), issuing 20,000,000 units (the "Offered Units") at a price of $0.25 per Offered Unit, raising aggregate gross proceeds of $5,000,000. Each Offered Unit comprises one common share of the Company (a "Common Share") and one Co ...
Trump's Metals Bet Sends Rare Earth Stocks Soaring—Is USAR Next?
MarketBeat· 2025-10-09 13:23
President Trump has made strengthening critical U.S. supply chains a clear priority. This is particularly true when it comes to rare earth metals and elements like lithium. For investors, Trump’s efforts have led to extremely impressive returns in several stocks. Most notably, rare earth metals stock MP Materials NYSE: MP has returned over 370% YTD, thanks to the government's 15% stake in the company. Lithium Americas NYSE: LAC was the next company in which the government took a stake, and sent shares up mo ...
Up 70% In A Year, Will Critical Metals Stock Continue Higher?
Forbes· 2025-10-09 12:25
Photo by DEA / C.BEVILACQUA/De Agostini via Getty ImagesDe Agostini via Getty ImagesCritical Metals stock (NASDAQ: CRML) has dramatically increased by nearly 65% over the last five trading days, fueled by reports of potential U.S. government involvement alongside significant funding developments. The company is engaged in mining exploration and development, concentrating on sourcing lithium and rare earth elements, which are vital materials utilized in electric vehicles, consumer electronics, and renewable ...
Azimut Confirms Extensive High-Grade Lithium Surface Discovery on Wabamisk East Property, James Bay Region, Quebec
Globenewswire· 2025-10-09 10:30
Core Insights - Azimut Exploration Inc. has reported positive results from a systematic field program on its Wabamisk East Property, revealing a large-scale system of spodumene pegmatites with significant lithium potential [1][7]. Group 1: Project Overview - The Wabamisk East Property consists of 205 claims covering 108.5 km and is wholly owned by Azimut, which has optioned it to Rio Tinto for lithium exploration [8]. - Under a revised option agreement, Rio Tinto can earn up to a 70% interest by spending $85 million, with Azimut acting as the operator during the initial phase [2][11]. Group 2: Geological Findings - The pegmatite bodies at Lithos-North and Lithos-South exhibit variable thicknesses, with the former showing thicknesses from 10 to over 50 meters and the latter from 10 to 15 meters [5][6]. - A total of 86 distinct spodumene-bearing outcrops have been identified, with 63 of 109 grab samples collected in 2025 returning grades higher than 0.5% Li2O, including 29 samples exceeding 2.0% Li2O, with a maximum grade of 6.93% Li2O [7]. Group 3: Future Plans - Azimut plans to propose an aggressive drilling program to Rio Tinto for early 2026 as the project progresses towards the drilling stage [2]. - The ongoing mechanical stripping is expected to expand the known footprint of the pegmatitic bodies and confirm continuous mineralization over a significant area [7].
First Lithium Commences Field Work Program at Lidstone Project
Newsfile· 2025-10-09 10:00
Toronto, Ontario--(Newsfile Corp. - October 9, 2025) - First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) ("First Lithium Minerals" or the "Company") is pleased to announce the launch of its field exploration program at Lidstone Project ("Lidstone", "Project", or "Property"), located 270 km north of the City of Thunder Bay, Ontario.The 17,300 ha Lidstone Project comprises approximately 27 km of greenstone belt that lies within the central portion of the English River sub province of the S ...
Keeping Track of the Soaring "White House" Stocks: INTC, LAC, MP, TMQ
ZACKS· 2025-10-08 22:00
The Trump trade has taken on a literal connotation, with the White House recently investing in several mining and technology companies that have publicly traded stocks. Historically, the U.S. government has avoided direct ownership of public companies to maintain free-market principles and prevent favoritism. Instead, it usually supports broader industries through grants and subsidies, tax incentives, or regulatory support.Under President Trump, the White House has broken this precedent, but has focused on ...
Smart Money Is Betting Big In ALB Options - Albemarle (NYSE:ALB)
Benzinga· 2025-10-08 18:01
Deep-pocketed investors have adopted a bearish approach towards Albemarle (NYSE:ALB), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ALB usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Albemarle. ...