Core Insights - Makenita Resources Inc. has successfully closed an acquisition of the "Sisson West Tungsten Project" in New Brunswick and the "NTX Rare Earth Project" in Quebec, enhancing its portfolio in the mining sector [1][2] - The Sisson West Tungsten Project spans approximately 4,000 contiguous acres, while the NTX Rare Earth Project covers around 9,000 acres, both of which are prospective for valuable minerals [1][2] - The acquisition is timely as rare earths have gained significant attention globally, and the Sisson Tungsten Mine has been designated a "Nation Building Project" by Prime Minister Mark Carney, which could positively impact Makenita's operations [2] Financial Terms of the Acquisition - The option agreement allows Makenita to earn a 100% interest in the properties by issuing a total of 3,000,000 common shares at a deemed price of $0.06 per share, along with 1,500,000 transferable warrants exercisable at $0.08 per share for three years, and a cash payment of $30,000 [5][10] - All issued shares and warrants will be subject to a standard hold period of four months plus a day [6] Future Plans and Market Position - Makenita plans to be active on the newly acquired claims in the short term, leveraging its relatively low share count of 33 million shares outstanding to facilitate immediate and future growth [2]

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].

Amaroq首席执行官Eldur Olafsson表示，锗和镓的发现可能比稀土"意义更大"，因为美欧对此有迫切需 求。与此同时，美国、俄罗斯等国也纷纷强调北极的战略重要性。 格陵兰：融冰下的新机遇 随着全球对资源安全的争夺加剧，一场围绕关键矿产的"淘金热"正在寒冷的北极地区升温。 全球大国和矿业公司正加速涌入北极，意图开采该地区丰富的关键矿产资源。据CNBC最新报道，最新 的动态来自格陵兰岛。矿业公司Amaroq于11月11日证实，在其西格陵兰项目发现了商业级别的锗和 镓。这两种金属是半导体和军事应用的关键材料，此举被视为对寻求供应链多元化的西方国家具有重大 战略意义。 然而，北极"淘金热"的背后是严峻的现实。Marc Lanteigne提醒，在格陵兰建立矿场需要"引入所有东 西"，后勤挑战巨大。 他预计，即使在理想条件下，公司也需要15到20年才能开始获得可观利润。同样，在瑞典北部，国有矿 业公司LKAB虽拥有欧洲最大的稀土矿床之一，但其高管Niklas Johansson坦言，即便拥有现有基础设 施，该项目也并非"理所当然的"商业案例，经济可行性仍需与监管机构共同评估。 风险提示及免责条款 市场有风险，投 ...

Core Insights - The Arctic region is becoming a focal point for countries seeking to exploit its untapped resources, driven by climate change and the need to reduce reliance on China for minerals [2][5][15] - Greenland is highlighted as a significant area for resource extraction, containing various strategic materials including rare earths, precious metals, and uranium [4][9] - The geopolitical landscape is influencing investment in Arctic resources, with the U.S. and Canada ramping up efforts to secure these materials amid strained relations with China [2][3][13] Investment Opportunities - Companies like Critical Metals and Amaroq are actively exploring Greenland's resources, with recent discoveries of high-grade rare earths and other strategic minerals [9][10] - The recent confirmation of commercial levels of germanium and gallium in Greenland is seen as a major development, as these metals are crucial for electric vehicles, semiconductors, and military applications [11][12] - The potential for mining operations in Greenland is increasing due to climate change, which has made previously inaccessible minerals more reachable [5][8] Challenges and Considerations - Despite the perceived rush for Arctic resources, significant logistical challenges exist, including harsh climate conditions and the need for extensive infrastructure, which could delay profitability for mining companies [15][18] - The development of resources in the Arctic, including Greenland and northern Sweden, requires careful economic viability assessments, as seen with LKAB's efforts in Sweden [16][18] - The rare earths market remains relatively small, and companies must balance immediate cash flow from other minerals while developing their rare earth potential [14]

Core Viewpoint - Amaroq Ltd. has successfully amended its debt financing agreement with Landsbankinn, extending the maturity and improving the terms, which enhances the company's financial flexibility and supports its growth strategy [2][3][4]. Debt Financing Agreement - The debt financing package has been extended by 14 months, from December 2026 to February 2028, with potential improved terms to 4.5% plus SOFR [3][6]. - The total commitment of the revolving credit facility with Landsbankinn is US $35.245 million, divided into three tranches: A, B, and C [4][6]. - Facility A is US $18.5 million and Facility B is US $10.245 million, both fully drawn with an initial margin of 9.5% per annum, reducing to 7.5% once Facility C becomes available [6]. Financial Terms and Conditions - Facility C, amounting to US $6.5 million, has a margin of 7.5% per annum and is accessible once the company's cumulative EBITDA exceeds CAD 6 million [6]. - Additional margin step-downs are introduced based on the last twelve months' EBITDA, with rates decreasing to 6.25% if LTM EBITDA exceeds CAD 25 million, 5.00% if it exceeds CAD 50 million, and 4.50% if it exceeds CAD 70 million [6]. Project Development - The Nalunaq project in South Greenland is advancing in its commissioning phase and is beginning to generate revenues, which will help unlock improved margins on the financing facility and lower operating costs [4].

李冈峰 欧洲天然资源基金 Commodity Discovery 特约分析师 这是一个主要从美国每周的CFTC数据公布基金(Managed Positions)在当地期货市场的各种部署，继 而反映现时市场对贵金属的情绪和对短/中期的一个价格判断。美国每周五收市后公布的CFTC数据， 记录日为刚过去的周二(如果过去一周原本工作日是假日的话数据出炉会延期)。 概要 因为美国政府停摆，因此CFTC公布期货市场多空持仓数据仅更新至9月23日。 目前市场认为明年1月再降息的几率也从4周前的67.6%下跌至17.4%(假如12月不降息，1月降的几 率则从两周前的80.4%跌至66.1%)。 这是近年(自疫情以来)美联储首次说话不算话 ——早前明明 用肯定的语气说今年会降3次，然后一个政府停摆，就令美联储对12月降息变得有保留？他们是认 为美国政府停摆反而会刺激经济上升，还是觉得对通胀会有长久性的影响？说到底政治什么都是 一场交易。 上周亚特兰大联储银行总裁波斯提克宣布明年2月任期完结后便退休，市场对此感到意外，并普遍 认为特朗普在背后发功，皆因波斯提克的立场偏鹰。部分美联储人员反击特朗普，均表示12月不 应该降息(仅在一 ...

Core Viewpoint - Beyond Lithium Inc. is initiating a non-brokered private placement to raise up to C$600,000 through the sale of flow-through units, while also providing an update on its Rare One rare earths project in British Columbia [1][3]. Offering Details - The offering consists of up to 15,000,000 flow-through units priced at $0.04 each, with each unit comprising one common share and one-half of a common share purchase warrant [2]. - Each warrant allows the holder to purchase one non-flow-through common share at an exercise price of $0.10 for 24 months from issuance [2]. Company Strategy and Focus - The funding from the offering will enable the company to refocus on its core business of rare earths and copper projects in British Columbia, following a period of reduced exploration activity [3]. - The company is committed to unlocking significant value for shareholders through its diversified portfolio, which includes advanced lithium properties in Ontario [3]. Rare One Project Update - The Rare One project spans over 5,900 hectares and is 100% owned by Beyond Lithium, with extensive work conducted from 2005 to 2017, including soil surveys and mapping [11]. - Historical sampling programs have identified targets with elevated levels of light rare earths such as lanthanum, praseodymium, cerium, and neodymium [11]. - The company plans to digitize past data and conduct follow-up programs in the upcoming field season to refine the potential sources of rare earth mineralization [11]. Participation and Exemptions - The offering may be conducted under the Existing Security Holder Exemption, allowing existing shareholders to subscribe for units [4][5]. - If subscriptions exceed the maximum number of units, allocations will be made on a pro rata basis [6]. Use of Proceeds - Gross proceeds from the offering will be allocated to eligible Canadian exploration expenses qualifying as flow-through critical mineral mining expenditures [9].

( 图片来源：《澳华财经在线》) 新股观察｜从黄金到稀土与铀：Moonlight （ASX：ML8）IPO闪亮登场 双轮驱动战略迎接高光时刻 █ 文｜ACB News 《澳华财经在线》证券市场编辑部 所募资金的65.8%将用于对已锁定为最高优先级同时具备快速界定资源量潜质的靶区的勘探，公司上市 后首要目标是，快速完成金矿项目初始资源量（MRE）的圈定。 导读： 金价频创历史新高，稀土与铀价齐升。有色金属及关键金属热度不减的当下，ASX澳交所将迎来一家诸 多光环加身的矿业公司——Moonlight Resources（ASX：ML8）。 这是一家拥有十余个勘探权、勘探面积超过4500平方公里，资产包括黄金( Gold )、稀土(Rare Earths）) 与铀矿（Uranium）勘探资源的矿业新军。 极具勘探潜质的多元化矿产组合、清晰具体的短中期目标，与公司估值直接挂钩的股权激励机制，以及 其背后操盘的清一色澳洲矿业界资深专业人士 …… 这一切，令已在ASX递交招股书的这家公司，被视为本年四季度最值得关注的IPO新股发行公司之一。 《澳华财经在线》获悉，Moonlight Resources Limited（A ...

Core Insights - Makenita Resources Inc. has entered an option agreement to acquire the "Sisson West Tungsten Project" in New Brunswick and the "NTX Rare Earth Project" in Quebec, which are significant for critical minerals [1][2] Project Details - The "Sisson West Tungsten Project" covers approximately 4,000 contiguous acres and is prospective for Tungsten, located adjacent to the Sisson Tungsten Mine [1] - The "NTX Rare Earth Project" consists of about 9,000 acres that are prospective for rare earth elements [1] Financial Terms - The agreement includes a payment of $30,000, issuance of 2,000,000 common shares, and 1,000,000 transferable share purchase warrants at a price of $0.08 per share for three years [9] - An additional 500,000 common shares and 500,000 transferable share purchase warrants will be issued within four months of signing the agreement [9] - A further 500,000 common shares will be issued within eight months of signing the agreement [9] Management Commentary - The President of Makenita Resources expressed satisfaction with acquiring these critical mineral projects, emphasizing the focus on developing such projects in North America [2] - The company aims to maximize shareholder value and plans to be active on these claims in the short term, noting a share structure of only 33 million shares outstanding [2]

Core Viewpoint - Europe is falling behind the United States in efforts to reduce reliance on China for rare earth elements [1] Group 1 - Recent contracts indicate a growing recognition of the need to secure rare earth supplies outside of China [1]