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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
Copperstone Mine Development Plans and New Team Additions Toronto, Ontario--(Newsfile Corp. - February 6, 2025) - Minera Alamos Inc. (TSXV: MAI) (the "Company" or "Minera Alamos") and Sabre Gold Mines Corp. ("Sabre") (TSX: SGLD; OTCQB: SGLDF) are pleased to announce the closing of the previously announced acquisition by Minera Alamos of Sabre and its flagship Copperstone gold project ( see news release dated October 28 th , 2024 ) (the " Transaction "). Creation of a Diversified North American Gold Producer Platform - Beyond the Santana gold mine operations (Sonora, Mexico), the addition of Copperstone (Arizona, US) helps provide visibility to a further 150koz of annual gold production in premier mining jurisdictions in North America Acquisition of Past Producing Coppers
VANCOUVER, BC , Feb. 6, 2025 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI ) (" Palisades ") and Radio Fuels Energy Corp. (" Radio Fuels ") (CSE: CAKE) (OTCQB: CKEFF) are pleased to announce that they have closed their previously announced transaction whereby Palisades has acquired all of the issued and outstanding shares of Radio Fuels (the " Radio Fuels Shares ") by way of a plan of arrangement under the Canada Business Corporations Act (the " Transaction "). Pursuant to the terms of the arrangement agreement entered into by Palisades and Radio Fuels on December 9, 2024 , each Radio Fuels Share was exchanged for 0.060538 of a Palisades common share (each a " Palisades Share "). Immediately upon completion of the Transaction, existing Palisades shareho
TSX: SIL | NYSE American: SILV VANCOUVER, BC , Feb. 6, 2025 /CNW/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") announces that the Company's securityholders have approved the plan of arrangement (the "Arrangement") with Coeur Mining, Inc. ("Coeur"), whereby Coeur will indirectly, among other things, acquire all of the issued and outstanding SilverCrest shares. The vote was passed at SilverCrest's special meeting of securityholders (the "Meeting") held earlier today. The Arrangement was approved by (i) 99.32% of the votes cast by shareholders present in person or represented by proxy and entitled to vote at the Meeting, (ii) 99.34% of the votes cast by shareholders and optionholders, voting together as a single class, present in person or represented by proxy and en
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 & Steel, known as Baosteel, a move that gives Vale full control of the iron ore project. The Baovale joint venture was established by the Brazilian mining giant and Baosteel in 2001 to run the Agua Limpa mine in Brazil's Minas Gerais state. The venture included a purchase option allowing for the possibility of Vale acquiring the stake owned by Baosteel (600019.SS) Last year, Vale informed Baosteel that it sought to exercise the purchase option, the Brazilian miner said in a statement. It added that the purchase deal with Baosteel has b
February 5, 2025
February 5, 2025 (Australian Mining) - The Pilbara Minerals–Latin Resources acquisition is complete, marking a key milestone for Pilbara Minerals, or PLS as the company is now called. The acquisition was completed by way of a scheme of arrangement, with PLS issuing over 200 million new shares to Latin Resources security holders. Latin Resources’ Colina lithium project in Brazil was the main drawcard for PLS as it seeks to grow its revenue beyond its Pilgangoora operation in Western Australia. “The PLS team is looking forward to working with our new colleagues in Brazil to advance project studies and resume drilling activities, which will support the future development of the Colina project,” PLS managing director and chief executive officer Dale Henderson said
February 4, 2025
February 4, 2025 (Australian Mining) - Fortescue’s interest in Red Hawk Mining has increased to 78 per cent, making the iron ore miner the company’s majority shareholder. The increased shareholding follows Red Hawk’s largest shareholder, TIO (NZ), accepting Fortescue’s $254 million takeover offer. As of January 24, TIO held a 60.71 per cent interest in Red Hawk. Fortescue has agreed to waive the bid condition 14 days after acquiring a relevant interest in at least 50.1 per cent of Red Hawk shares. Then the offer will be unconditional and shareholders who have accepted it must be paid within 10 business days
The Offer has now expired and Agnico Eagle has taken-up and acquired 95.6% of the issued and outstanding O3 Mining shares Agnico Eagle and O3 Mining will enter into an amalgamation agreement under which Agnico Eagle will acquire all remaining O3 Mining shares by way of amalgamation Remaining O3 Mining shares (other than shares held by dissenting shareholders) and warrantholders who exercise their warrants after the amalgamation will receive $1.67 per share in cash (All amounts expressed in Canadian dollars unless otherwise noted) TORONTO , Feb. 4, 2025 /CNW/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM ) (" Agnico Eagle ") and O3 Mining Inc. (TSXV: OIII ) (OTCQX: OIIIF) (" O3 Mining ") are pleased to jointly announce the expiry
February 3, 2025
TSX: SIL | NYSE American: SILV VANCOUVER, BC , Feb. 3, 2025 /CNW/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce the receipt of the clearance decision from the Comisión Federal de Competencia Económica ("COFECE") with respect to the Company's plan of arrangement (the "Arrangement") with Coeur Mining, Inc. ("Coeur"), whereby Coeur will indirectly, among other things, acquire all of the issued and outstanding SilverCrest shares. Pursuant to the Arrangement, SilverCrest shareholders will receive 1.6022 shares of Coeur common stock for each SilverCrest share held. N. Eric Fier , CEO, commented, "We are pleased to have completed this important milestone in our path to build a leading global silver company through our transaction with Coeur. The approv
February 3, 2025 (Source: Ascendant Resources Inc.) All share consideration implies value of C$0.06 per Ascendant Share,representing a premium of 14% based on the respective 30-day VWAPs of Cerrado and Ascendant as at January 30, 2025. Acquisition provides certitude of funding for the continued advancement of the Lagoa Salgada Project and immediate exposure to a strong cash position of US$21M and cash flows from current gold production of approximately 50,000 ounces per year. Cerrado Gold Inc ("Cerrado") absorbs US$5.1M of Ascendant debt. Cerrado to provide immediate funding of C$0.9 million Cash through Private Placement, and Sprott Private Resources Streaming and Royalty Corp. to convert up to [C$2.4million] of debt into Shares. Proforma company with immedi
February 3, 2025 (Source: Wealth Minerals Ltd.) FOR IMMEDIATE RELEASE…Vancouver, British Columbia: Wealth Minerals Ltd. (the “Company” or “Wealth”) – (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; FSE: EJZN) and the Quechua Indigenous Community of Ollagüe (“CIQO”), collectively the “Parties”, have agreed (the “Agreement”) to form a joint venture company (the “JV”) to develop the Kuska Lithium Project (“Kuska”) on the territory of the Ollagüe Salar. The Agreement considers that CIQO will make their best efforts to promptly work with the Wealth team to establish a Chilean legal entity to serve as the JV, and CIQO will own a 5% free-carried interest in the JV and have the right to one of five director seats on the Board of Directors of the JV. Both Wealth and CIQO believe this structure is the righ