MONTRÉAL, Dec. 21, 2025 /CNW/ - SYDNEY, December 22, 2025 - Champion Iron Ltd. today announced that it has entered into a transaction agreement with Rana Gruber ASA , a leading Norwegian producer of high-grade iron ore, on terms of a conditional recommended voluntary cash tender offer to acquire all of the issued and outstanding shares of Rana Gruber at a price of NOK 79 per share , representing a total equity value of approximately NOK 2,930 million . The Transaction is unanimously supported by Rana Gruber's executive management and board of directors, and shareholders owning approximately 51% of Rana Gruber's issued and outstanding shares have entered into separate pre-acceptance undertakings, whereby they have agreed, subject to the terms and conditions thereof, to tender ...

Mustang Energy Corp. is pleased to announce a non-brokered private placement for aggregate gross proceeds of C$180,000 from the sale of 2,000,000 critical flow-through units of the Company at a price of C$0.09 per FT Unit . Each FT Unit will consist of one common share of the Company issued on a "flow-through" basis pursuant to the Income Tax Act and one half of one transferable common share purchase warrant , with each whole FT Warrant entitling the holder to purchase one common share of the Company at a price of $0.15 per Warrant Share for a period of two years following the closing of the Offering . The Company intends to use the proceeds of the Offering to incur resource exploration expenses which will constitute "Canadian exploration expenses" as defined in subsection 66...

Pure Energy Minerals Ltd. announces the voting results from its Annual General Meeting of Shareholders , held on December 19, 2025, including the appointment of William Morton to the Board of Directors of the Company. All resolutions presented to the Shareholders were approved. Each of the resolutions are explained in detail in the Management Information Circular published in connection with the Meeting. It is available for reference on the Company's website pureenergyminerals.com. A total of 10,700,467 common shares, representing approximately 31.50% of the Company's outstanding common shares, were voted in person and by proxy at the Meeting. Shareholders voted in favour of: Reappointing Baker Tilly WM LLP as auditors of the Company; Setting the number of directors at five, ...

Silicon Metals Corp. is pleased to announce that it has the intention to complete a flow-through private placement of flow-through common shares for gross proceeds of up to $195,000 . Pursuant to the Flow-Through Offering, the Company intends to issue up to 3,000,000 flow-through common shares at a price per share of $0.065. The Company intends to use the aggregate proceeds of the Flow-Through Offering to incur eligible exploration expenditures on its projects in British Columbia and Ontario. Finders' fees may be payable in connection with the Flow-Through Offering in accordance with the policies of the CSE. All securities issued in connection with the Flow-through Offering will be subject to a statutory hold period expiring four months and one day after the date of issuance,...

37 Capital Inc. is pleased to announce the results of the Annual General Meeting of the Company's shareholders, which was held on Thursday, December 18, 2025, in Vancouver, British Columbia. The Company's shareholders received the audited financial statements for the year ended December 31, 2024, together with the auditor's report thereon; fixed the number of directors for the ensuing year at four; re-elected Hagop Jack Kalpakian, Gregory T. McFarlane, Neil Spellman and Mathieu McDonald as Directors of the Company; re-appointed the Company's auditor, Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, for the ensuing year and authorized the directors to fix the remuneration to be paid to the auditor; and re-approved the Company's Stock Option Plan. For ...

Lion Rock Resources Inc. announces that it has entered into an awareness campaign service agreement with Resource Stock Digest , under the terms of which RSD will create in-depth reports on behalf of the Company and distribute such reports to its existing database. It will also purchase media to generate new interest in the Company, including display advertisements, native advertisements and email dedicated advertisements. The term of the Service Agreement is for one year starting December 23, 2025, at a fee of US$150,000. All fees payable by the Company to RSD pursuant to the terms of the Service Agreement will be paid out of general working capital of the Company. RSD is owned and operated by Nicholas Hodge and Gerardo Del Real and is based in Texas, USA. The Company and RS...

Silver Viper Minerals Corp. is pleased to announce it has closed the final tranche of its non-brokered private placement , announced on November 18, 2025. The Final Tranche was comprised of 3,433,750 units of the Company issued at a price of $0.80 per Unit for aggregate gross proceeds of $2,747,000. In total, the Company raised $17,000,000 pursuant to the Offering, having previously closed the first tranche on December 12, 2025, that raised an aggregate of $14,253,000. Each Unit consisted of one common share of the Company and one warrant . Each Warrant entitles the holder thereof to acquire one Share from the Company at a price of $1.20 per Share for a period of 24 months from the date of issue. The Shares and Warrants comprising the Units and any Shares issued upon the exer...

Ero Copper Corp. is pleased to announce the filing of its Technical Report for the Xavantina Operations related to the update on its National Instrument 43-101 compliant mineral reserve and resource estimate previously announced on November 4, 2025. The Technical Report was prepared in accordance with the Canadian Securities Administrator's National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and can be found on the Company's website and on SEDAR+ . A copy of the Technical Report will also be filed on EDGAR . ABOUT ERO Ero is a Brazil-focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered in Vancouver, B.C., the Company operates two copper mines - the Caraíba Operations in Bahia State and the Tucumã ...

Nuinsco Resources Ltd. today announced that the ongoing non-brokered private placement of flow-through common shares and common shares can now close up to February 2, 2026. Under the Private Placement, the Company can issue up to 100,000,000 Flow-Through Shares and/or Common Shares, dependent on investor demand, priced at $0.005. Proceeds from the sale of Flow-Through Shares will be used to fund work to advance the Company's Prairie Lake critical minerals project located near Terrace Bay, Ont.; proceeds from the sale of Common Shares will be used for future general corporate purposes. Nuinsco's focus project, Prairie Lake, is a critical minerals asset with a phosphate - rare earth element mineral resource estimate of close to 900 million tonnes - see MRE table below. Crucially...

Sonoro Gold Corp. responds to inaccurate rumors circulating online and published by a certain Mexican media outlet regarding the Environmental Impact Statement, or Manifestacion de Impacto Ambiental for the Company's Cerro Caliche gold project. Claims that the project's MIA has been denied or that the Company has failed to disclose such material information are false and misleading. As disclosed in the Company's News Release dated July 9, 2025, a revised MIA for the Cerro Caliche project was submitted in February 2025, superseding the initial MIA submitted in May 2022. The Company confirms that its current MIA submission for the Cerro Caliche project is under review by the Mexican federal permitting authority, Secretaria de Medio Ambiente y Recursos Naturales and that the Com...

StrategX Elements Corp. announces that it proposes to undertake an up to $275,000 non-brokered private placement of flow-through units to be sold to eligible purchasers at a price of $0.22 per FT Unit. Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one-half of one common share purchase warrant . Each Warrant will entitle the holder to purchase one non-flow-through common share of the Company at a price of $0.35 at any time on or before that date which is three years after the closing date of the Offering. The gross proceeds received from the sale of the FT Units will be used to fund "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures...

Metals Creek Resources Corp. announces that, further to its December 17, 2025 news release it has received approval from the TSX Venture Exchange to close its non-brokered flow-through private placement financing for aggregate gross proceeds of $200,000. The Company has issued 5,000,000 flow-through units at a price of $0.04 per unit , each FT Unit consisting of one flow-through common share and one-half of a non-flow through common share purchase warrant , each whole FT Warrant entitling the holder to purchase one additional non-flow through common share of the Company at an exercise price of $0.06 per common share for a period of 24 months from the date of issue. The FT Shares will entitle the holder to receive the tax benefits applicable to flow-through shares, in accordan...

A.I.S. Resources Ltd. announces that on September 29, 2025 the Company closed its non-brokered private placement of 2,700,000 shares at a price of $0.03 per share for gross proceeds of $81,000 . The Company decided not to proceed with further tranches of the Private Placement. Proceeds of the private placement were used for audit fees and general office expenses. There are no proposed payments to non-arm's length parties of the Company, and to persons conducting Investor Relations activities. No finders fees are payable. Closing of the Private Placement is subject to final acceptance by the TSX Venture Exchange. All securities issued in connection with the Private Placement will be subject to a four-month hold period from the closing date under applicable Canadian securities ...