Ceylon Graphite Corp. announces that it intends issue 548,999 common shares in satisfaction of interest due on secured convertible debenture units of the Company . The Company previously announced the issuance of the Debentures in an aggregate principal amount of C$365,000 in its news release dated October 27, 2023. As previously disclosed, the Debentures bear an interest rate of 9%, such interest to be payable in cash or shares at the sole option of the Company. The aggregate Interest payable by the Company is $16,470.00. In accordance with the policies of the TSX Venture Exchange and the terms of the Debentures, the Interest Shares will be issued at a deemed price of $0.03 for an aggregate of 548,999 Interest Shares in satisfaction of the aggregate Interest. The Interest Sh...

Cautionary Statements This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those...

Initial holes at Targets 3 and 7 to test geophysics below strong gold at surface Sanu Gold Corp. is pleased to announce that drilling is progressing well with 14 holes and 1,652m completed at Target 2 on the Company's flagship Bantabaye Project , located on the prolific western margin of the Siguiri Basin of Guinea, West Africa. The Company has been integrating its latest geophysical data into a structural geology model for Target 3 and Target 7. This model has provided a basis for planning an initial drill test comprised of 15 holes along four lines for an estimated 1,500m. Highlights Drilling at Target 2 is progressing well: Fourteen holes for a total of 1,652m have been completed to-date in the priority area of Target 2. Each hole has intersected zones of alteration, quart...

Interra Copper Corp. is pleased to provide detail of the first phase exploration program at the Rip Copper Project in the Stikine region of British Columbia. The Rip Project is situated approximately 33 km northeast of Imperial Metals' past producing Huckleberry copper-molybdenum mine , which is presently on care and maintenance. Imperial Metals Corp. is exploring Huckleberry and its surrounding claims for additional Cu-Mo resources. In late 2023, the Company first announced its option agreement with ArcWest Exploration Inc. to acquire an 80% interest in ArcWest's Rip Cu-Mo project. Interra can earn the first tier of its interest in the project by completing staged exploration work totalling C$2.0 million and direct payment of C$100,000 and annual ...

Highlights: Surface rock chip channel sample returns 3.8m of 2.4% Copper and 162 g/t Silver at the Cristinas mine target. Geophysical survey over the mine target area shows a conductor associated with mineralization that extends, untested, to at least 350m depth beneath historic shallow drilling. A second conductor in the hanging wall of the mine target adds an additional drill target. Drilling commencing in May 2024 to test open copper intercepts and geophysical targets at the Cristinas project. Quetzal Copper Corp. , a copper-focused exploration company, is pleased to announce the results of the due diligence surface rock sampling campaign and geophysical survey at the Cristinas Project, Chihuahua Mexico. CEO Matthew Badiali said, "The Cristinas project is a huge opportunit...

Highlights: 13,500-metre maiden drill program completed at the high-grade Polymetallic B26 Deposit; 44 holes drilled with assays from 34 holes pending. Drillhole 1274-24-339 was designed to test the lateral extension of the high-grade lens identified in holes 1274-24-293 and 294, which were released on February 29, 2024. These holes intercepted 4.0% CuEq over 22.7 metres , including 6.3% CuEq over 10.6 metres, and 4.1% CuEq over 34 metres , including 11.4% CuEq over 10.6 metres. Drillhole 1274-24-339 intercepted mineralization 20 metres east of 1274-24-294, with a 106.5-metre interval of strong stringers observed from 83.0 to 189.5 metres, corresponding to a vertical depth starting about 20 metres below the bedrock contact. The potential down-dip extension of this high-grade lens remains o...

Alpha Exploration Ltd. announces final results from the first phase of its 2024 drilling program on its Aburna Gold Prospect on the Company's 100% owned, 771 km² Kerkasha Project located in Eritrea. Drilling consists of both reverse-circulation drilling and diamond core drilling. Final assays have now been received for the remaining 16 drillholes drilled at Aburna in Q1 2024 and including 5 holes from Hill 52, 5 drillholes from Central Area with a further 6 drillholes at Northeast Area. All drillholes except for DD holes ABD014, ABD015 and ABD016 were drilled as diamond tail extensions to existing RC drillholes completed earlier in March this year, and were designed to test mineralization down plunge of the current mineralized lenses at all three prospects. Additional drillin...

Trading Symbols: / OTCQX: ADVZF VANCOUVER, BC and TORONTO, April 26, 2024 /CNW/ - Silvercorp Metals Inc. and Adventus Mining Corporation are pleased to announce that the parties have entered into a definitive arrangement agreement pursuant to which Silvercorp has agreed to acquire all of the issued and outstanding common shares of Adventus by way of a plan of arrangement . Under the terms of the Arrangement Agreement, each holder of the common shares of Adventus will receive 0.1015 of one Silvercorp common share in exchange for each Adventus Share at the effective time of the Transaction. The Exchange Ratio implies consideration of C$0.50 per Adventus Share based on the 20-day volume-weighted average prices of Silvercorp Shares on the Toronto Stock Exchange on April 25, 2024. ...

Western Alaska Minerals is pleased to announce that it has closed its previously announced brokered offering by way of prospectus supplement dated April 22, 2024 to the Company's base shelf prospectus dated November 21, 2023, for aggregate gross proceeds of C$6,112,178.80 . The Offering was led by Roth Canada, Inc. , as co-lead agent and sole bookrunner, Canaccord Genuity Corp., as co-lead agent with Roth, and Agentis Capital Markets Limited Partnership, as agent, on their own behalf and on behalf of a syndicate of agents . In connection with the Offering the Company issued a total of 9,403,352 units at a price of C$0.65 per Unit . Each Unit is comprised of one subordinate voting share in the authorized share structure of the Company and one Share purchase warrant . Each Warrant entitles t...

Gold Hunter Resources is excited to announce that, on April 24th, 2024, the Supreme Court of BC issued a final order approving the previously announced distribution of ordinary shares of FireFly Metals Ltd. to the shareholders of Gold Hunter, pursuant to a plan of arrangement under section 288 of the Business Corporations Act. The record date to determine the Shareholders entitled to receive a pro-rata portion of the Distribution will be May 2nd, 2024 . Under the Arrangement, the Company will distribute 25,092,886 FireFly Shares to Shareholders as of the Record Date on a pro-rata basis proportionate to their shareholding in Gold Hunter , or for certain Shareholders resident in the United States who do not qualify as accredited investors as defined in Rule ...

First-quarter EBITDA1 was USD 435 million compared to USD 487 million in first quarter 2023. Net income was USD 16 million compared with USD 105 a year earlier. First-quarter 2024 highlights: EBITDA1 down 11% from 1Q23 mainly due to lower prices Total deliveries up 12% with European deliveries up 37% from 1Q23 Reduced GHG emission intensity with implementation of key projects Healthy demand growth and limited capacity additions indicate tightening supply-demand balance longer term "This quarter's results are down from same quarter last year as increased deliveries are offset by lower prices. Meanwhile, I am pleased to see that our efforts to decarbonize is yielding results. This is crucial to future-proof our business and be able to meet growing demand for low-carbon solutions", said Svein...

London, 26 April 2024 - Endeavour Mining Plc announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. Aggregated information Dates of purchase: 25 April 2024 Aggregate number of ordinary shares of USD 0.01 each purchased: 17,000 Lowest price paid per share : 1,670.00 Highest price paid per share : 1,691.00 Volume weighted average price paid per share : 1,679.21 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,954,685 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,954,685. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they wil...

Transaction in Own Shares Ecora Resources PLC announces that on 25 April 2024, it purchased 100,000 ordinary shares of 2p each in the Company on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 . The shares acquired will be held in treasury. Date of purchase: 25 April 2024 Aggregate number of ordinary shares purchased: 100,000 Lowest price paid per share : 81.00 Highest price paid per share : 81.00 Volume weighted average price paid per share : 81.00 Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 9,800,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 251,931,897. T...