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February 7, 2025
Commodity
Calgary, Alberta--(Newsfile Corp. - February 7, 2025) - Copper Fox Metals Inc. (TSXV: CUU (FSE: HPU) ("Copper Fox" or the "Company") is pleased to announce that its recently announced non-brokered private placement of up to $1,500,000 is fully subs
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , Feb. 7, 2025 /CNW/ - AbraSilver Resource Corp. (TSXV: ABRA ) (" AbraSilver " or the " Company ") is pleased to announce the successful closin
VANCOUVER, BC / ACCESS Newswire / February 7, 2025 / Commerce Resources Corp. (TSXv:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") is pleased to announce that it has received conditional approval for funding of up to a total of $2,606,9
February 6, 2025
February 6, 2025 (Source: Vale) SAO PAULO, Feb 6 (Reuters) - Brazilian miner Vale (VALE3.SA) , opens new tab confirmed on Thursday it has bought the 50% stake in its Baovale tie-up previously owned by its Chinese partner Baoshan Iron & S
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2025) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") announces that, due to increased interest, the previously announced non-brokered private placement has been increased from $2,520,000 to $3,000,000. The private placement will now consist of 16,666,667 units at $0.18 per unit for gross proceeds of $3,000,000 (the "Offering"). Each unit will be comprised of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.28. The Company may pay finders' fees comprised of cash and non-transferable warrants in connection with the Offering, subject to compliance with the policies of
Calgary, Alberta--(Newsfile Corp. - February 7, 2025) - Copper Fox Metals Inc. (TSXV: CUU (FSE: HPU) ("Copper Fox" or the "Company") is pleased to announce that its recently announced non-brokered private placement of up to $1,500,000 is fully subscribed. The Offering consists of 7,317,073 units (each a " Unit ") at a price of $0.205 per Unit. Each Unit consists of one common share in the capital of the Company (a " Common Share ") and one-half (1/2) common share purchase warrant (a " Warrant "). Each whole Warrant will entitle the holder to purchase one Common Share for a two-year term, for an exercise price of $0.25 during the first 12-month period after the closing of the Offering and $0.30 during the subsequent 12-month period after the closing of the Offering. In the event the weig
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , Feb. 7, 2025 /CNW/ - AbraSilver Resource Corp. (TSXV: ABRA ) (" AbraSilver " or the " Company ") is pleased to announce the successful closing of its previously announced bought deal public offering (the " Offering ") of 11,765,650 common shares of the Company (the " Common Shares ") at a price of $2.55 per Common Share (the " Issue Price ") for aggregate gross proceeds of $30,002,407.50 . This total includes the full exercise of the over-allotment option. The Offering was completed pursuant to an underwriting agreement dated February 4, 2025 (the " Underwriting Agreement ") entered into among the Company and a syndicate of underwriters, led by National Bank Financial Inc. and
VANCOUVER, BC / ACCESS Newswire / February 7, 2025 / Commerce Resources Corp. (TSXv:CCE)(FSE:D7H0)(OTCQX:CMRZF) (the "Company" or "Commerce") is pleased to announce that it has received conditional approval for funding of up to a total of $2,606,977 CAD from Natural Resources Canada's (NRCan) Critical Minerals Infrastructure Fund (CMIF), for progression of the access road to the company's wholly owned Ashram REE/ Fluorspar Deposit in Nunavik, Quebec. Highlights: Conditional funding approval up to C$2,606,977 from Natural Resources Canada (NRCan) as part of the Critical Minerals Infrastructure Fund ("CMIF") program, subject to completion of due diligence and the execution of a written agreement. Funding is critical to enable the development of a road between the Ashram project
Calgary, Alberta--(Newsfile Corp. - February 6, 2025) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") is pleased to announce that it intends to complete, subject to the approval of the TSX Venture Exchange, a non-brokered private placement to raise up to $1,500,000 in gross proceeds (the "Offering"). The Offering will consist of up to 7,317,073 units (each a "Unit") at a price of $0.205 per Unit. Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one-half (1/2) common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to purchase one Common Share for a two-year term, for an exercise price of $0.25 during the first 12-month period after the closing of the Offering and
Sudbury, Ontario--(Newsfile Corp. - February 6, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the " Company ") is pleased to announce that the Company and a syndicate of agents co-led by SCP Resource Finance LP (" SCP ") and Desjardins Capital Markets (together with SCP, the " Agents ") have agreed to increase the size of its previously announced "best efforts" private placement offering of unsecured convertible debentures (the " Debenture Offering "). The Debenture Offering has been upsized from up to C$15 million aggregate principal amount of unsecured convertible debentures (" Convertible Debentures ") to up to C$22 million of Convertible Debentures. The Convertible Debentures will be issued in ordinary multiples of C$1,000, less an original issue discount (an " OI
MONTREAL , Feb. 6, 2025 /CNW/ - Investments in critical minerals are essential for Canada to seize the economic opportunities presented by a low-carbon economy and to capitalize on its rich mineral resources. Canada is well positioned to be a global leader and a reliable supplier to the world of critical minerals, which are increasingly in demand to power essential for powering the digital economy. By developing and expanding critical mineral value chains — from mining and processing to manufacturing and recycling — Canada can create good jobs, support economic opportunities, reduce reliance on countries like China and contribute to a resilient and secure future. Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced up to $43.5 million
Scottsdale, Arizona--(Newsfile Corp. - February 6, 2025) - TriStar Gold Inc. (TSXV:TSG) (OTCQB: TSGZF) ("TriStar" or the "Company") is pleased to announce that it has closed the first tranche of its non-brokered private placement of up to 11,538,461 common shares announced on January 13, 2025 (the "Offering"). A total of 7,019,777 common shares of the Company were sold under the first tranche of the Offering, at a price of C$0.13 per common share for gross proceeds to the Company of C$912,571. The Company intends to use the net proceeds of the Offering for general working capital purposes and to further advance its Castelo de Sonhos gold project. All securities issued in connection with the first tranche of the Offering are subject to a four month hold period expiring on June 7, 2025 in
North Vancouver, British Columbia--(Newsfile Corp. - February 6, 2025) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (" Lion One " or the " Company ") is pleased to announce that in response to market demand, it has arranged, subject to the approval of the TSX Venture Exchange ("TSX-V"), a non-brokered private placement (the "Sidecar Private Placement") of up to 5,882,353 units (the "Units") at a price of $0.34 per Unit for total gross proceeds of up to $2,000,000. Each Unit consists of one common share (the "Common Shares") and one Common Share purchase warrant (the "Warrants"), each such Warrant exercisable at a price of $0.41 per share and expiring 36 months from the date of issue. The Sidecar Private Placement reflects the same terms as the previously announced $7.5 million u
Investment will contribute towards feasibility work for key infrastructure between the mines and the Chibougamau Processing Facility HIGHLIGHTS: Cygnus has received conditional approval form the Critical Minerals Infrastructure Fund (“CMIF”) for up to a C$1.3 million investment to complete pre-construction milestones Funding pending final due diligence (currently in progress) by Natural Resources Canada and the execution of a definitive contribution agreement The CMIF is Natural Resources Canada’s flagship program under the Canadian Critical Minerals Strategy to support clean energy and transportation infrastructure projects necessary to increase Canada’s supply of responsibly sourced critical minerals, and the development of domestic and global value chains for the green and digit
February 06, 2025 08:45 PM Eastern Standard Time TORONTO--( BUSINESS WIRE )--Silver Storm Mining Ltd. (“ Silver Storm ” or the " Company ") (TSX.V: SVRS | FSE: SVR), is pleased to announce that it has closed the final tranche (the “ Final Tranche ”) of its non-brokered private placement offering (the “ Offering ”) of units of the Company (each, a “ Unit ”) which was initially announced on December 5, 2024. Under the Final Tranche of the Offering, 5,043,335 Units were issued at a price of $0.09 per Unit for aggregate gross proceeds of $453,900.18. Under the Offering, the Company issued an aggregate of 43,333,334 Units raising total gross proceeds of $3,900,000.06. Each Unit consists of one common share of the Company (a " Common Share ") and one common share purchase warrant (each
February 5, 2025
Sudbury, Ontario--(Newsfile Corp. - February 5, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the " Company ") is pleased to announce that it has entered into an agreement with SCP Resource Finance LP and Desjardins Capital Markets, as co-lead agents, for and on behalf of a syndicate of agents (collectively, the " Agents "), in connection with a "best efforts" private placement offering by the Company of: (i) up to C$15 million aggregate principal amount of unsecured convertible debentures of the Company (the " Convertible Debentures "), issued in ordinary multiples of C$1,000, less an original issue discount (an " OID ") of 2% of the principal amount of the Convertible Debentures (the " Debenture Offering "); and (ii) up to 6,451,612 common shares of the Company (the "
February 4, 2025
February 4, 2025 (Source: Predictive Discovery Limited) Predictive Discovery Limited (ASX:PDI) (“PDI” or the “Company”) is pleased to announce that it has received binding commitments from the Lundin family and their associates (“Lundin Family”) and Zijin Mining Group Co., Ltd. (through its subsidiary and non-operating division, together with its affiliates, “Zijin”) to raise approximately A$69.2m by way of a strategic private placement at an issue price of A$0.265 per share. HIGHLIGHTS • Lundin Family to invest approximately A$45.1m to acquire a shareholding in PDI of 6.5%. • Zijin to invest approximately A$24.1m to acquire a shareholding in PDI of 3.5%. • Proceeds from the strategic placement will be used to advance the Bankan Gold Project’s Definitive Feasibility Study, progre
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES LONDON, UK / ACCESS Newswire / February 4, 2025 / Meridian Mining UK S (TSX:MNO)(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) ("Meridian" or the "Company") is pleased to announce that due to substantial interest, the non-brokered private placement of common shares (the "Common Shares") at CAD 0.39 per Common Share, announced on January 28, 2025 , has been increased from CAD 10M to CAD 17M (the "Private Placement"). Pursuant to the Private Placement, the Company proposes to issue up to 43,589,744 Common Shares for gross proceeds of up to CAD 17,000,000. The net proceeds from the Private Placement are expected to be used in advancing the Cabaçal's PFS, initiate the FS and related programs as w