Vancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") announces a non-brokered private placement for the issuance of up to 16,666,666 common shares of the Company (the "Common Shares") at a price of $0.06 per Common Share for aggregate gross proceeds of up to $1,000,000 (the "Offering") and the approval of the settlement of $113,000 of indebtedness (the "Debt Settlement") through the issuance of an aggregate of 1,883,333 Common Shares ...

Core Viewpoint - Metal Energy Corp. has completed a right of first refusal agreement to acquire the remaining 20% interest in the NIV and West NIV properties, enhancing its ownership consolidation strategy in a promising copper-gold porphyry target in British Columbia [1][2]. Group 1: Agreement Details - The right of first refusal (ROFR) agreement allows Metal Energy to purchase the remaining interest on the same terms as any third-party transaction, supporting the company's goal to consolidate up to 100% ownership of the NIV properties over time [2]. - Following the agreement's closing, the company issued 600,000 common shares as consideration, which are subject to a four-month hold period and require final approval from the TSX Venture Exchange [3]. Group 2: Company Overview - Metal Energy Corp. is focused on critical metals exploration, particularly copper and gold assets in Canada, and now controls the NIV project, which is fully permitted and drill-ready [4]. - The company's portfolio includes three high-potential projects: NIV, Highland Valley, and Manibridge, indicating a strong position in the mining sector [7].

Core Viewpoint - New Age Metals Inc. has entered into an option agreement to acquire the Magnet Lake Property, which consists of 55 mining claims totaling 1,147 hectares, located near Kenora, Ontario, enhancing its portfolio in the critical and precious metals sector [1][2][3] Acquisition Details - The Magnet Lake Property will be integrated into the Bonanza Ridge Gold and Critical Metals Project, reinforcing the company's position in the Kenora Mining District [2] - The acquisition includes a 2% net smelter return (NSR) royalty, which can be reduced to 1% for $1 million in cash [1] Exploration and Sampling Results - A due diligence site visit in October 2025 confirmed high-grade copper mineralization, particularly at the Gold Lake and Hollow Lake Prospects, with a notable grab sample returning 2.14% copper [5][6][19] - The property has excellent infrastructure, including road access and nearby power lines, and is located 25 km from Kenora, a significant economic hub [7][18] Strategic Positioning - The acquisition aligns with the Ontario Government's Critical Minerals Strategy, which aims to develop a world-class critical minerals jurisdiction [3][19] - New Age Metals holds a 12.2% stake in Metal Quest Mining Corp., which is also acquiring strategic positions in the Ring of Fire region, positioning the company to benefit from the growing critical metals market [4][19] Financial Terms of the Option Agreement - The option agreement includes a series of cash payments and share issuances over three years, starting with $10,000 and $25,000 in shares within 10 days of regulatory approval [21][22] - The agreement allows the company to terminate after fulfilling the first year's commitments [21] Industry Context - Copper has been designated a critical mineral by the Government of Canada since 2024, highlighting its importance in clean technologies and supply chain security [19] - The Kenora Gold District has a long history of high-grade mineralization and is recognized for its potential in the mining industry, with established infrastructure and a skilled workforce [20]

Core Insights - Verity Resources has completed the acquisition of 100% ownership of its copper-silver and copper-nickel projects in Botswana, enhancing its strategic position in the region [1][2] Acquisition Details - The acquisition involved purchasing the remaining 34% joint venture interest from BCL Investments for $206,060, following a pre-emptive right exercised by Verity [2] - This strategic move is expected to streamline operational control by eliminating a liquidating joint venture partner [2] Strategic Implications - The acquisition allows Verity to pursue various corporate strategies, including farm-ins, project financing, spin-outs, or asset sales from a fully owned position [3] - It enhances the company's ability to leverage its portfolio of supply-critical metals, particularly high-grade copper and silver, located near the Selebi nickel/copper mine [3] Project Portfolio Overview - Verity's Botswana project portfolio spans 1,800 km² and includes high-grade copper-silver prospects such as Airstrip and Dibete, as well as the Maibele North nickel-copper-cobalt-PGE deposit [4] - The main prospects are situated approximately 50–80 km northeast of the Selebi mine and account for nearly 10% of the total portfolio [4] Market Context - The Selebi mine was recently acquired by NexMetals Mining, which has received significant financial backing to support the redevelopment of nickel-copper-cobalt-PGE mines in Botswana [5]

Core Insights - Harfang Exploration Inc. has announced significant discoveries at its Menarik East project, confirming the presence of a large critical and strategic minerals domain associated with the Menarik Igneous Complex [1][3][7] Summer Program Overview - The summer exploration campaign aimed to verify historical results of copper and nickel mineralization and evaluate new high-priority critical and strategic mineral targets [4] - The program confirmed the presence of Cu, Ni, PGE, and Cr mineralization, outlining new copper and nickel showings [5][11] Geological Comparisons - Menarik East shows geological similarities to major discoveries in Ontario's Ring of Fire, particularly in its chromite-PGE-rich layers and nickel-copper areas [3][11] - The project has two defined polymetallic domains: the West Domain with strong copper-nickel potential and the Central Domain characterized by enriched nickel-PGE-chromium [6][11] Assay Results - Notable assay results from the West Domain include 8.57% CuEq, 3.39% CuEq, and 1.53% CuEq, while the Central Domain shows results of 0.91% NiEq and 0.74% NiEq [6][11] - Historical resources in the project area include 1.0 million tonnes grading 0.38% Ni and 0.15% Cu, and 6.19 million tonnes grading 7.69% Cr₂O₃ [7][17] Project Characteristics - The Menarik East project covers approximately 4,200 hectares and is characterized by a large ultramafic system known for critical and strategic minerals [16][17] - The project is accessible via the Billy Diamond Highway and the Trans-Taiga Road [16] Sampling and Quality Control - Rock samples were analyzed for various elements, with strict quality control protocols in place, including the use of certified reference materials [18]

Core Insights - Metallic Minerals Corp. is a resource-stage exploration company focused on critical minerals including copper, silver, gold, and platinum group elements at its La Plata Project in Colorado and Keno Silver Project in the Yukon Territory [1][3] - The company will present at Red Cloud's Fall Mining Showcase 2025, inviting shareholders and interested parties to learn about its latest developments [1][2] Company Overview - Metallic Minerals Corp. is recognized for its significant holdings in alluvial gold claims in the Yukon and is developing a production royalty business through partnerships with experienced mining operators [3] - The leadership team has a strong track record in discovery and exploration of major precious and base metal deposits across North America, with extensive experience in project development, permitting, and financing [3] - The company integrates artificial intelligence and advanced data analytics into its exploration process to enhance discovery and unlock new value across its portfolio [3] - Metallic Minerals is committed to responsible and sustainable resource development, collaborating closely with Canadian First Nation groups, U.S. Tribal and Native Corporations, and local communities [3]

Core Insights - NexMetals Mining has confirmed significant mineralization at Selebi North, with a 32.60-meter continuous mineralization interval, including 19.90 meters of massive sulphide [1][8][22] Company Overview - NexMetals Mining owns two previously producing Cu-Ni-Co mines in Botswana, a mineral-rich Tier 1 mining jurisdiction [2] - The Selebi mining complex has a history of production, with operations running for over four decades and a capacity of up to 10,000 tonnes per day [2] Recent Developments - The recent drilling results at Selebi North validate the continuity of mineralization and will be incorporated into an updated Mineral Resource Estimate (MRE) [5][22] - The drilling program at Selebi North has been aggressive, with multiple significant results reported over the past six months, including a notable 27.55 meters of 4.97% CuEq [10] Infrastructure and Operations - The Selebi North Mine is equipped with a 3.5-meter diameter shaft and a twin 7° decline trucking ramp, facilitating efficient drilling campaigns [5][6] - The infrastructure supports cost-effective exploration and development activities [6] Market Context - There is a growing demand for critical metals, particularly copper, driven by the green energy transformation, with copper prices increasing by 109% over the last five years [21] - Botswana's government is focusing on diversifying its economy beyond diamonds, with copper production seen as a key area for economic growth [18][19] Future Prospects - The results from the recent drilling will support potential resource expansion at Selebi North, with additional assays pending for further confirmation of mineralization scale and continuity [22]

Core Viewpoint - New Age Metals Inc. has increased the size of its flow-through unit private placement from $1,200,000 to $1,700,000 due to strong investor demand [1][2]. Group 1: Private Placement Details - The flow-through unit (FT Unit) private placement will now raise up to $1,700,000, while the non-flow-through unit (NFT Unit) remains unchanged at $2.3 million [2]. - Each FT Unit will be issued at a price of $0.26, consisting of one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.40 for up to 36 months [3]. - Mr. Eric Sprott, the largest shareholder owning 23.2% of the company, intends to subscribe for $2,000,000 of the private placement [2]. Group 2: Use of Proceeds - Proceeds from the FT Units will be allocated for exploration and development of the company's projects located in Newfoundland, Ontario, or Manitoba, while proceeds from the NFT Units will be used for exploration and general working capital [4]. Group 3: Regulatory and Compliance - All securities issued in connection with the private placement will be subject to a hold period of four months plus one day from the date of issuance, and the closing is conditional upon receiving approval from the TSX Venture Exchange [5].

Core Insights - New Age Metals Inc. has entered into an Amended Investor Relations Employment Agreement with Farid Mammadov, extending his role for an additional 12 months and appointing him as Vice President of Investor Relations [1][2] - The company will pay Mr. Mammadov a monthly fee of $6,250, and he currently holds 250,000 stock options [2] Company Overview - New Age Metals is a junior mineral exploration and development company focused on critical green metal projects in North America, with three divisions: Platinum Group Element, Lithium/Rare Element, and Antimony-Gold [3] - The PGE Division includes the River Valley Project, one of North America's largest undeveloped Platinum Group Element projects, and the Genesis PGE-Cu-Ni Project in Alaska [4] - The Lithium Division is exploring hard rock lithium and rare elements in the Winnipeg River Pegmatite Field, in partnership with Mineral Resources Ltd. [5] - The Antimony-Gold division spans over 19,800 hectares in Newfoundland, with recent approvals under the Junior Exploration Assistance Program [8] Recent Developments - A $1.5 million NSERC Alliance grant was awarded for research focused on advancing Canada's critical metals sector, with approximately $107,000 planned for New Age's properties in 2025 [6] - The company is also supporting a $180,000 Mitacs research grant, contributing $90,000 to a partnership with the University of New Brunswick and the University of British Columbia [7] - New Age Metals announced an investment in MetalQuest Mining, holding approximately 12.79% of the company, which is developing a significant iron ore project [9][10] Strategic Initiatives - The company is actively seeking new mineral acquisition opportunities internationally and aims to option projects with major and junior mining companies [11]

Core Insights - New Age Metals Inc. has received formal approval under Newfoundland and Labrador's Junior Exploration Assistance Program, enabling the company to advance its exploration projects in the region [1][2] - The project has been designated as a "Critical Minerals as a Primary Exploration Target," ensuring eligibility for funding from Critical Minerals Assistance and Provincial Critical Mineral Assistance streams [2] - The company is preparing for a Phase 2 exploration program following a successful Phase 1 program, with a budget of approximately $225,000 and potential rebate support of up to 40% of eligible costs [4][5][6] Exploration Program Details - The Phase 2 field program will include geological mapping, prospecting, and various sampling methods, with a focus on the Antimony Ridge property [6][7] - The total area of the Antimony Ridge and Citadel properties is 3,775 hectares, which are located near hydroelectric power and communities, providing access to a skilled workforce [9][8] - The company has entered into an Option Agreement to acquire a 100% interest in the Antimony Ridge Property, enhancing its geological potential [8] Financial Support and Incentives - The JEA Program aims to expand the mineral inventory of Newfoundland and Labrador, providing funding through a combination of provincial and federal grants [10] - The potential rebate for eligible exploration activities is estimated at $71,975, with a maximum rebate of $150,000 per project [6][12] - The JEA Program is designed to support junior companies in critical mineral exploration, with a total funding pool of $3.9 million [10]