Commodity 2
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October 11, 2024
Commodity
Toronto, Ontario--(Newsfile Corp. - October 11, 2024) - HIRU Corporation (OTC Pink: HIRU) $HIRU www.otchiru.com , www.hirumining.com is pleased to share with its shareholders and followers a comprehensive Feasibility Scoping Study for the Balf
VANCOUVER, BC , Oct. 11, 2024 /CNW/ - Golden Shield Resources Inc. (CSE: GSRI) (OTCQB: GSRFF) (FRA: 4LE0) (the " Company " or " Golden Shield ") reports that it has terminated negotiations in respect of the potential acquisition of Tucano Gold In
VANCOUVER, BC , Oct. 11, 2024 /CNW/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN ) (OTCQB: DFMTF) (FSE: 35D) today announced the successful closing of its previously announced non-brokered bridge financing of secured conv
October 11, 2024 (Australian Mining) - Hancock Prospecting has scaled back its proposed Mulga Downs iron ore mine in the Pilbara, reducing annual production from 20 million tonnes (Mt) to 12Mt after reducing the project’s footprint. Documents r
VANCOUVER, BC , Oct. 11, 2024 /CNW/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN ) (OTCQB: DFMTF) (FSE: 35D) today announced the successful closing of its previously announced non-brokered bridge financing of secured convertible notes (the "Notes"), raising $4,000,000 in gross proceeds (the "Offering"). Update on Prefeasibility Study The proceeds of the Offering will enable Defense Metals to complete the Prefeasibility Study ("PFS") for the Wicheeda Rare Earth Element Project, carry out scenario analyses, evaluate possible optimization of processes, and conduct further testing. The PFS will be substantially completed by the end of the year, with the final results published in Q1 2025. The PFS is being led by Hatch Ltd., with metallurgical oversight provi
Halifax, Nova Scotia--(Newsfile Corp. - October 11, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that, further to its press release dated September 30, 2024, and due to strong investor demand, it has increased its previously announced non-brokered private placement (the "Offering") to comprise of up to 13,636,363 units of the Company ("Units") at a price per unit of C$0.11 (the "Unit"), for total gross proceeds of up to C$1,500,000. Each Unit will consist of one common share of the Company (each, a "Common Share") and one common share purchase warrant (each whole warrant, a "Warrant"). Each whole Warrant will entitle the holder thereof to purchase one Common Share at a price of C$0.14 for a period of 36 months following the issue date of the Unit.
October 10, 2024
DAN: TSX-V ( Canada ) JE9N: FSE ( Germany ) DRRSF: OTCQX ( USA ) SAGUENAY, QC , Oct. 10, 2024 /CNW/ - Arianne Phosphate (the "Company" or "Arianne") (TSXV: DAN ) (OTCQX: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region is pleased to announce that it has received financing by way of an unsecured convertible debenture from a global mining company (the "Strategic Investor"). Arianne owns the fully permitted Lac à Paul phosphate mining project and is currently advancing work on its proposed downstream phosphoric acid project. The proceeds received from the financing will be used to advance the Company's work on the downstream facility to better quantify the opportunity. The economic
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / VANCOUVER, BC , Oct. 10, 2024 /CNW/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF ) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that it has upsized and closed its previously announced non-brokered private placement financing raising total gross proceeds of approximately $7.4 million (the " Offering "). Pursuant to the Offering, the Company issued 54,463,706 units of the Company (the " Units ") at a price of $0.135 per Unit. Each Unit consists of one common share of the Company (a " Unit Share ") and one-half of one common share purchase warrant (each whole common share purchase warrant, a " Warrant "). Each Warrant entitles the holder to acq
Sudbury, Ontario--(Newsfile Corp. - October 10, 2024) - Magna Mining Inc. (TSXV: NICU) (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the " Corporation ") is pleased to announce that it has entered into an agreement with Desjardins Capital Markets (" Desjardins ") and SCP Resource Finance LP (" SCP ", together with Desjardins, the " Bookrunners ") on behalf of a syndicate of agents that may be formed (the " Agents "), in connection with a "best efforts" private placement of up to 14,285,700 common shares of the Corporation (the " Securities ") at a price of $1.05 per Security (the " Offering Price ") for aggregate gross proceeds of up to approximately $15 million (the " Offering "). In addition, the Corporation will grant the Agents an option, exercisable up to 48 hours prior to the closing of t
October 9, 2024
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. October 09, 2024 08:24 AM Eastern Daylight Time CASA GRANDE, Ariz. & TORONTO--( BUSINESS WIRE )-- Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce that the Company has closed its previously announced public offering of common shares of the Company (the “Common Shares”). The underwriters exercised the full over-allotment option to purchase an additional 15% of the Common Shares in connection with the Offering. The Company issued, on a bought deal basis, 23,805,000 Common Shares, including 3,105,000 Common Shares pursuant to the exercise of the over-allotment option, at a price of C$1.45 per Common Share for aggregate g
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR TO A U.S. PERSON./ TORONTO , Oct. 9, 2024 /CNW/ - Americas Gold and Silver Corporation (TSX: USA ) (NYSE American: USAS) ("Americas" or the "Company") refers to its previous news release in which it announced, among other things, a binding agreement (the "Definitive Agreement") with an affiliate of Eric Sprott ("Sprott") and Paul Andre Huet under which Americas will acquire the remaining 40% interest in the Galena Complex ("Galena") in Idaho, USA to consolidate the current Galena joint venture (the "Acquisition"). The Company also announced that it entered into an agreement to complete a bought deal private placement financing of subscription receipts of the Company (the "Subscrip
Highlights Conditionally approved contribution to support pre-implementation studies for electrical infrastructure. Provided to Canada Nickel under Stream 1 of the Critical Minerals Infrastructure Fund (CMIF). Pre-implementation studies began in April 2024 and are expected to be complete by June 2025 . SUDBURY, ON , Oct. 9, 2024 /CNW/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC ) (OTCQX: CNIKF) announced today with the Government of Canada , that it has been conditionally approved for a C$4.38 million contribution from Natural Resources Canada's Critical Minerals Infrastructure Fund (CMIF). The contribution is in support of the Company's ongoing studies ("Studies") to undertake pre-construction and project development activities at the Com
Sudbury, Ontario--(Newsfile Corp. - October 9, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce that notification has been received from Natural Resources Canada (NRCAN) that pending final due diligence, certain initiatives at both the Crean Hill and Shakespeare Mines have been conditionally approved for funding from the Critical Minerals Infrastructure Fund (CMIF). The funding will support pre-construction activities to help advance clean energy and transportation infrastructure at both projects. Specifically, funding from the CMIF will contribute towards three initiatives: Pre-construction milestones to advance a 6km transmission line to connect the Shakespeare Mine to the Ontario grid. Pre-construction milestones to a
October 8, 2024
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 5, 2023 to its short form base shelf prospectus dated November 21, 2023 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , Oct. 8, 2024 /CNW/ - Global Atomic Corporation (" Global Atomic " or the " Company ") (TSX: GLO ) (FRANKFURT: G12) is pleased to announce that due to significant investor demand, it has entered into an amended and restated underwriting agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner, and Canaccord Genuity Corp. (collectively, the " Underwriters ") to increase the size of its previously announced public offering (the " Offering "). Un