Commodity 2
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June 25, 2024
Commodity
VANCOUVER, BC / ACCESSWIRE / June 25, 2024 / Faraday Copper Corp. (" Faraday " or the " Company ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of nine drill holes from its ongoing Phase III drill program at the Copper Creek Project, lo
Confirms Wide High-Grade Gold and Silver Oxide Mineralization on Surface Field work and sampling are providing key assay results to expand the wide mineralized zone to surface and along strike Additional continuous chip channel and reconnai
VANCOUVER, BC / ACCESSWIRE / June 25, 2024 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce that it has secured a financing package totaling US$750 million (equivalent to over C$1 billion) with Orion R
TORONTO, June 25, 2024 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“ G2 ” or the “ Company ”) (TSX: GTWO; OTCQX: GUYGF) is pleased to provide an update on the ongoing exploration program at the Company’s 27,719-acre OKO-AREMU gold project. G2 recen
VANCOUVER, BC / ACCESSWIRE / June 25, 2024 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce that it has secured a financing package totaling US$750 million (equivalent to over C$1 billion) with Orion Resource Partners ("Orion") for the development, construction, and general working capital required to advance the Company's 100%-owned Eskay Creek Gold-Silver Project ("Eskay" or the "Project"). This complete funding package significantly de-risks the Project and provides Skeena with optionality, flexibility and stakeholder alignment as the Company progresses Eskay towards production in the first half of 2027. The package provides a significant portion of financing prior to Skeena's receipt of required permits in respect to the Eskay project an
June 24, 2024
TORONTO, June 24, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE and TSX: MUX) announces a non-brokered private placement financing of up to 2,333,333 common shares of its wholly-owned subsidiary McEwen Copper Inc. at a subscription price of US$30.00 per common share, for gross proceeds of up to US$70 million (the " Offering "). McEwen Copper currently has 30,937,615 common shares outstanding (basic and diluted). Lead orders to purchase 27% of the total Offering have been committed by McEwen Mining and Rob McEwen. McEwen Mining will purchase up to 466,667 common shares of McEwen Copper for US$14 million and Rob McEwen will purchase up to 166,666 common shares for US$5 million . Final investment amounts are subject to adjustment according to anti-dilution and pre-emptive
June 21, 2024
June 21, 2024 06:45 AM Eastern Daylight Time DENVER--( BUSINESS WIRE )--Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Vista Gold Australia Pty. Ltd. (“Vista Australia”) has received the third and final instalment payment of $10 million (“Final Instalment”) under the royalty agreement between Vista Australia and Wheaton Precious Metals (Cayman) Co., an affiliate of Wheaton Precious Metals Corp. (“Wheaton”) dated December 13, 2023 (“Royalty Agreement”), in relation to the Company’s Mt Todd gold project (“Mt Todd” or the “Project”) located in Northern Territory, Australia. All dollar amounts in this news release are in US dollars. The Final Instalment is part of the $20 million royalty with Wheaton, wh
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2024) - Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) (" Thesis " or the " Company ") is pleased to announce that today the Company has closed its oversubscribed brokered private placement offering. Clarus Securities Inc. acted as lead agent (the " Lead Agent ") and sole bookrunner (the " Bookrunner "), on behalf of a syndicate of agents including Cormark Securities Inc., Ventum Financial Corp., H&P Advisors Ltd., and Raymond James Ltd. (collectively, the " Agents "), for an equity private placement raising gross proceeds of approximately $21 million (the " Offering "). Under the Offering, the Company issued (i) 8,849,500 premium flow-through common shares (the " Premium FT Shares ") at a price of $1.13 per Premium FT Sha
"This financing will provide the capital needed for continuing the underground infill drilling at Selebi North, and the surface in-fill and exploration drilling at Selebi Main and in the Hinge Zone. The Selebi MRE is on track to be released in the coming weeks. Additionally, we anticipate publishing a maiden mineral resource estimate, prepared in accordance with NI 43-101, for Selkirk in Q4 2024." – CEO, Keith Morrison Toronto, Ontario--(Newsfile Corp. - June 21, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to announce, further to its news release dated June 14, 2024, that it has closed the second tranche of its non-brokered private placement offering of units of the Company (the " Units "), pursuant to which the Company issu
June 20, 2024
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2024) - Southern Silver Exploration Corp. (TSX: SSV) (the "Company" or "Southern Silver") announces that it proposes to undertake a non-brokered private placement consisting of 13,000,000 units at $0.27 for gross proceeds of $3,510,000. Each Unit will be comprised of one common share and one-half (0.5) of one warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.40. 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 the TSX Venture Exchange. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day
Toronto, Ontario--(Newsfile Corp. - June 20, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (" Omai " or the " Company ") is pleased to announce that it has completed its previously announced brokered private placement offering (the " Offering ") of 108,333,333 common shares (each, a " Share ") of the Company at a price of $0.12 per Share (the " Issue Price ") for gross proceeds of approximately $13,000,000. The Offering was conducted by Paradigm Capital Inc., acting as lead agent and sole bookrunner, and Maison Placements Canada Inc., Pollitt & Co. Inc. and Velocity Trade Capital Ltd. (collectively, the " Agents "). In connection with the Offering, the Company paid to the Agents a cash commission of $751,800.28 and issued 6,265,002 broker warrants (the " Broker Warrants ").
June 20, 2024 (Source: Antipa Minerals Ltd) Antipa Minerals Ltd (ASX: AZY) (Antipa or the Company) is pleased to announce it has received binding commitments for a placement to raise approximately $5.75 million (before costs) through the issue of 575 million fully paid ordinary shares (New Shares) at $0.01 per share (Placement). Antipa will issue one (1) free-attaching unlisted option (Option) for every two (2) new Shares subscribed for and issued pursuant to the Placement. The Options will be exercisable at $0.02 with an expiry date two years from the date of issue. Additionally, the Company has entered into a drill-for-equity arrangement with industry-leading drill programme partner Topdrill Pty Ltd (Topdrill), granting Antipa the option to partpay for future drilling services in
June 19, 2024
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, Alberta--(Newsfile Corp. - June 19, 2024) - 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 $1,000,000 in gross proceeds (the "Offering"). The Offering will consist of up to 4,545,455 units (each a "Unit") at a price of $0.22 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
June 18, 2024
West Vancouver, British Columbia--(Newsfile Corp. - June 18, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has closed the first tranche of its private placement (the "Private Placement"). The Private Placement was for a total of 5,924,000 units (the "Units") at a price of $0.25 for proceeds of $1,481,000. Each Unit consisted of one common share and one-half share purchase warrant. Each of the 2,962,000 whole share purchase warrants are exercisable for a period of two years from the date of issuance at a price of CDN$0.35 per share. Commissions on the Private Placement totalling CDN$25,900. and 103,600 finders' warrants will be paid in connection with closing the Private Placement. The finders'
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES QUÉBEC CITY, June 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“ Robex ” or the “ Company ”) is pleased to announce that is has increased the size of its previously announced “best efforts” public offering The public offering has been upsized to 50,691,200 units of the Company (each, a “ Unit ”) at a price of $2.17 per Unit for gross proceeds increasing to $109,999,904. The offering is led by SCP Resource Finance LP, as lead bookrunner and lead agent (the “ Lead Agent ”), on behalf of a syndicate of one or more additional agents (collectively, the “ Agents ”). All currency amounts in this news release are stated in Canadian dollars, unless otherwise indicated. Each Unit w