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Barksdale Announces $5 Million Private Placement to Advance Sunnyside Exploration Towards 67.5% Ownership and Welcomes Christina McCarthy to the Board
TMX Newsfile· 2026-01-21 22:30
Core Viewpoint - Barksdale Resources Corp. plans to raise $5,000,000 through a private placement of common share units to fund its Phase II drill program and other corporate expenses [2][4]. Group 1: Financing Details - The offering consists of up to approximately 55,555,555 common share units priced at $0.09 per unit, aiming for gross proceeds of approximately $5,000,000 [2]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.15 for two years [3]. - Medalist Capital Advisors Inc. has been engaged as exclusive finders for the offering, with a 6% commission payable in units [5]. Group 2: Project and Use of Proceeds - Proceeds will be used for the Phase II drill campaign, payment to Great Basin Metals Inc., ongoing corporate expenses, and funding for geochemical and geophysical projects under review for the Sunnyside and San Javier projects [4]. - The Phase II drill program will involve a 25,000-foot (7,620 meters) drilling campaign at the Sunnyside project in Arizona, scheduled to begin in February and take two to three months to complete [8][9]. Group 3: Board Appointment - Christina McCarthy has been appointed as the newest independent board member, bringing over 18 years of experience in resource capital markets and corporate development [6][7]. - Her expertise is expected to assist the board in navigating strategic options and exploring the Sunnyside Project further [8]. Group 4: Company Mission and Focus - Barksdale aims to drive long-term shareholder value through the acquisition, exploration, and advancement of high-quality critical, base, and precious metal projects across the Americas [10]. - The company focuses on metals essential for the global energy transition, particularly copper, zinc, and other critical minerals [11].
Bold Ventures Announces Non-Brokered Private Placement
TMX Newsfile· 2025-12-16 13:00
Offering Details - Bold Ventures Inc. is conducting a non-brokered private placement offering of up to 6,000,000 working capital units (WC Units) at a price of $0.08 per unit, aiming to raise up to $480,000 [1] - Additionally, the company is offering up to 6,500,000 Flow Through units (FT Units) at a price of $0.09 per unit, targeting up to $585,000 [1] - Proceeds from WC Units will be allocated for general working capital, property maintenance, exploration, and offering expenses [1] - Each WC Unit includes one common share and one full common share purchase warrant (WC Warrant) allowing the holder to acquire one common share at $0.12 for three years [1] - Each FT Unit consists of one common share and half of a common share purchase warrant (FT Warrant), with the full warrant allowing the acquisition of an additional common share at $0.12 for two years [2] Finder's Fees and Regulatory Compliance - The company may pay finder's fees to qualified finders for their assistance with the offering, which can be in cash and/or securities [3] - All securities issued under the offering are subject to a statutory hold period of four months and one day, pending regulatory approval [3] Company Focus and Exploration Projects - Bold Ventures is focused on exploring Battery, Critical, and Precious Metals, targeting commodities such as Copper, Nickel, Lead, Zinc, Gold, Silver, Platinum, Palladium, and Chromium [4] - The company operates in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario, and holds significant assets in the emerging multi-metals district known as the Ring of Fire in Northern Ontario [5]
Generation Uranium Announces European Road Show With High Net Worth Investors
Thenewswire· 2025-09-16 11:30
Core Viewpoint - Generation Uranium Inc. has initiated a three-day European road show to present its Yath Uranium Project to over 75 high-net-worth investors and institutional funds, aiming to enhance shareholder awareness and visibility in global capital markets [1][2]. Company Overview - Generation Uranium Inc. is focused on the exploration and development of mineral properties, holding a 100% interest in the Yath Uranium Project located in Nunavut, Canada [9]. Yath Uranium Project - The Yath Uranium Project is strategically situated in Nunavut, an emerging uranium jurisdiction, and is believed to cover the western extension of the Lac 50 trend, which has a historical resource of 43 million pounds U₃O₈ [3]. - The Lac 50 deposit was acquired by Atha Energy Corp. for $64.7 million in an all-share transaction, highlighting the area's value potential [3]. - Previous exploration phases at Yath have consistently returned high uranium grades, with notable results including 1.0 m at 0.224% U₃O₈ and chip samples showing up to 6.7% U₃O₈ [4][6]. Market Context - There is a growing international interest in uranium, driven by the recognition of nuclear power's role in the clean energy transition, which has led to increased investor appetite [7].
GoldHaven Resources Announces Summer Exploration Plans on Magno & Three Guardsman Projects
Globenewswire· 2025-08-21 12:30
Core Viewpoint - GoldHaven Resources Corp. has initiated exploration efforts at its 100%-owned Magno and Three Guardsman projects in Northern British Columbia, with a fully funded exploration program for 2025 aimed at advancing these highly prospective assets [1][2]. Group 1: Magno Project - The Magno Project spans 30,573.53 hectares and is located within the Liard Mining Division, accessible via Highway 37, facilitating future exploration [3]. - The project contains critical metals such as tin, indium, zinc, silver, gold, tungsten, and gallium, which are essential for various industries including electronics and green energy technologies [4]. - The exploration program will employ a ten-person geological team to systematically cover over 30 kilometers of the Cassiar Terrane, focusing on skarn and replacement-style mineralization [5]. - Historical sampling has returned significant values, including 110 to 1,749 ppm tin and up to 5.58% zinc, indicating the project's mineralization potential [6]. - The exploration aims to enhance understanding of critical metals' distribution and refine targets for future geophysical surveys, with the ultimate goal of discovering a gold- and copper-rich system at depth [7]. Group 2: Three Guardsman Project - The Three Guardsman Project consists of 14 contiguous mineral tenures covering 16,234 hectares and is strategically located near Haines Junction [10]. - Historical exploration has identified copper, gold, silver, molybdenum, zinc, and magnetite mineralization, with potential for gold-enriched systems [11]. - The exploration strategy includes geochemical and geophysical surveys to identify granitic intrusions that may represent porphyry sources associated with observed skarn mineralization [12]. - Following the Magno field program, a 10-day exploration campaign is planned for the Three Guardsman Project, building on previous geological mapping and systematic rock sampling [13][15]. - The project is positioned as a compelling opportunity in the search for critical, strategic, and base metals, with a focus on high-priority porphyry and skarn targets [17]. Group 3: Company Overview - GoldHaven Resources Corp. is a Canadian junior exploration company focused on acquiring and exploring highly prospective land packages in North and South America, including the flagship Magno Project and the Three Guardsman Project [19].