Hecla Mining Company announced today that the Company, through a wholly-owned subsidiary, has completed the acquisition of 555,556 units of Cascadia Minerals Ltd., with each unit consisting of one Common Share and one warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.28 each, for cash consideration of $0.18 per unit or $100,000 in aggregate. After completion of this transaction, Hecla controls 7,830,512 Common Shares, being approximately 17.4% of the issued and outstanding Cascadia Common Shares, and warrants to acquire an aggregate of an additional 6,944,512 Cascadia Common Shares. Prior to the acquisition described above, Hecla controlled 7,274,956 Common Shares and controlled warrants to acquire an additional 6,388,9...

Atco Mining Inc. is pleased to announce that the company will conduct a non-brokered private placement for gross proceeds of up to $230,000. The Offering will consist of up to 4,000,000 flow-through units at a price of $0.0575 per 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 share purchase warrant . Each Warrant will entitle the holder to purchase one common share of the Company at a price of $0.15 for a period of 24 months. The proceeds raised from the Offering will be used to incur Canadian exploration expenses as defined in Subsection 66.1 of the Income Tax Act . All securities issued in the Offering will be subject to a statutory four-month-and-one-day hold period. ...

Wealth Minerals Ltd. , announces closing of their non-brokered private placement as announced on May 6, 2024, issuing 10,000,000 shares at a price of $0.20 per Share for proceeds of up to $2,000,000. The financing was fully subscribed by Sulzer AG, Switzerland. The securities issued in the Offering are subject to a four-month hold period, during which time the securities may not be traded. Commenting on the Private Placement, Henk van Alphen, CEO, stated: "We are excited to welcome Sulzer AG, as a new industrial shareholder. Sulzer AG is a global leader in fluid engineering and chemical processing applications." This press release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will no...

East Africa Metals Inc. are pleased to announce the development of the Mato Bula and Da Tambuk mines has been initiated. EAM's development partner, the Chinese company Tibet Huayu Mining Co., Ltd. , through its wholly owned subsidiary Silk Road Investments Co. Ltd., will bear 100% of the costs of mine construction. The mine development program is operated by the jointly owned company Tigray Resources Inc. . Once commercial production begins, East Africa will have the right to a Net Profits Interest equivalent to 30% of the total production , net of mining and processing costs. Operations at Mato Bula and Da Tambuk were suspended during the three-year regional conflict which was ended with the signing of the Pretoria Agreement in November 2023. Since that time, T...

BMEX Gold Inc. announces that it is undertaking a non-brokered private placement financing of for aggregate gross proceeds of up to $1,250,000 . The Offering will consist of the sale of up to 6,666,667 flow-through units at $0.15 for gross proceeds of up to $1,000,000 and 1,666,667 non-flow-through units at $0.15 for gross non-flow through proceeds of up to $250,000. Each FT Unit and each NFT Unit consists of one common share of the Company and one full common share purchase warrant , with each Warrant entitling the holder thereof to acquire one additional Common Share at a price of $0.20 per share for a period of twenty-four months from the closing date of the Offering. In consideration for services provided with respect to the Offering, the Company may pay cash finder's fee...

Allied Gold Corp. herein announces the results of the votes held at the annual meeting of shareholders for the election of directors and the appointment of auditors. Detailed results of the votes are presented below. Voting results for the election of directors are as follows: Votes By Poll Outcome of Vote Votes For Votes Withheld John Beardsworth Carried 100,672,763 3,100 John Begeman Carried 100,672,863 3,000 Pierre Chenard Carried 100,467,152 208,711 Justin Dibb Carried 100,672,863 3,000 Richard Graff Carried 100,672,713 3,150 Peter Marrone Carried 100,672,713 3,150 Daniel Racine Carried 100,672,863 3,000 Jane Sadowsky Carried 100,672,413 3,450 Dino Titaro Carried 96,987,616 3,688,247 Voting results for the appointment of KPMG LLP as auditors are as follows: Outcome of Vot...

Rio2 Ltd. wishes to remind its shareholders that its forthcoming Annual General and Special Meeting of shareholders will be held on May 15, 2024, at 11 a.m. ET. This will be an entirely virtual Meeting to be conducted via live webcast where all shareholders, regardless of geographic location, will have an equal opportunity to participate online. Shareholders will not be able to attend the Meeting in person. The timing and process for voting are described in detail in the Notice of Availability of Proxy Materials mailed to shareholders and meeting materials available on SEDAR+ at www.sedarplus.ca and the company's website at www.rio2.com/investors. VOTING DEADLINE The voting deadline is 11:00 a.m. on Monday, May 13, 2024. PARTICIPATION AT THE MEETING Registered Shareholders an...

Celsius Resources Ltd. non-executive director Peter Hume joins Proactive's Elisha Newell to discuss a recent board restructure and an investor relations-focused appointment.Earlier this week, Celsius announced that Mark van Kerkwijk would join the board as executive director, lending investment, marketing and public relations expertise to the board at a pivotal time in the company's development.The move comes soon after the company secured a 25-year mining permit for its cornerstone MCB copper-gold project in the Philippines, marking the first steps in its transition from exploration to mineral resource development.With Mark's appointment as executive director, Peter Hume is free to focus on the company's Philippine subsidiaries, ensuring they comply with the terms and conditi...

Alaris Equity Partners Income Trust is pleased to announce the results of voting on the election of trustees at its annual general meeting of unitholders held on May 10, 2024. Each nominee trustee recommended by management and listed in the Trust's information circular and proxy statement dated March 19, 2024, was elected as a trustee for a term ending at the next annual meeting of unitholders. The results of the voting for each individual trustee are set forth below: Trustee For Withhold Peter Grosskopf 9,277,549 574,479 E. Mitchell Shier 9,025,642 826,386 Stephen King 9,749,087 102,941 Robert Bertram 9,275,102 576,926 Sophia Langlois 9,284,899 567,129 Kim Lynch Proctor 9,254,806 597,222 Final voting results on all matters voted on at the meeting will be filed on SEDAR+ unde...

VANCOUVER, BC, May 10, 2024 /CNW/ - The following issues have been halted by CIRO Company: King Global Ventures Inc. TSX-Venture Symbol: KING All Issues: Yes Reason: Pending News Halt Time : 1:38 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot...

Monumental Energy Corp. is pleased to announce that it has increased its strategic investment in New Zealand Energy Corp. . Pursuant to NZ's $5,000,000 non-brokered private placement completed on May 9, 2024 , Monumental acquired an additional 293,333 common shares of NZ at a price of $0.75 per share for a total subscription price of $220,000. Together with Monumental's initial investment in December 2023, the Company holds a total of 1,293,333 common shares of NZ which represents approximately 8.63% of NZ's issued and outstanding common shares. Maximilian Sali, VP Corporate Development and Director of Monumental comments: "Since our initial investment at the end of last year, NZEC has made great progress in terms of preparation for oil well workovers at Copper ...

West High Yield Resources Ltd. is pleased to announce that, further to its news releases dated February 26, 2024, March 14, 2024, April 10, 2024 and April 18, 2024, it has closed the final tranche of its previously announced private placement offering of units . Offering The Closing consisted of the issuance of 612,000 Units for gross proceeds of $153,000. The Units were issued at a price of $0.25 per Unit, and each Unit consists of one Common share of the Company and one Common Share purchase warrant . Each Warrant, together with CAD$0.35, entitles the holder thereof to acquire one additional Common Share until May 10, 2025. The Company confirms that it issued a total of 3,936,000 Units for total gross proceeds of $984,000 under the multiple closings comprising the Offering....

Cleveland-Cliffs Inc. today applauded the International Trade Commission's unanimous decision to uphold tariffs on tin mill products from Japan. After recently rejecting tariffs on tin mill products from several countries including China, the ITC correctly declared that Japan is different - Japan is not a fair trade partner with the United States. The United States currently has antidumping orders on 12 steel products from Japan. The largest producer of steel and tin mill products in Japan is Nippon Steel Corporation. Lourenco Goncalves, Cliffs' Chairman, President and Chief Executive Officer, said: "While we are disappointed in their previous ruling on tin mill products, the ITC got this one right. The ITC's decision today supports what we have been saying for some time: that...