Northern Graphite Corp. is pleased to provide comment on the Biden Administration ruling to place a 25 percent tariff on natural graphite from China, starting in 2026, as it seeks to protect North America's nascent graphite industry. "This is an important move by the Biden Administration and the United States Trade Representative to support the North American graphite industry," said Northern Chief Executive Officer Hugues Jacquemin. "Of course, more needs to be done, and we look forward in coming weeks to discussions with the White House as an industry about what else can be done to ensure an independent domestic graphite supply chain." The ruling this week is designed to make local natural graphite companies more cost competitive with China and help drive North American sup...

VANCOUVER, BC, May 17, 2024 /CNW/ - Trading resumes in: Company: Usha Resources Ltd. TSX-Venture Symbol: USHA All Issues: Yes Resumption : 8:00 AM 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 provide any information about a specific halt beyon...

Golconda Gold Ltd. is pleased to announce that it has commenced mining at, and delivered its first ore to the processing plant, from Princeton Top, a key step in its development plan to significantly increase production at its Galaxy Gold Mine. Princeton Top contains an Indicated resource of 912,846 tonnes at 3.04 grammes of gold per tonne containing 89,200 ounces of gold. The Company has used the funds received from the recently closed investment from Empress Royalty Holding Corp., a wholly-owned subsidiary of Empress Royalty Corp., to re-equip the 3.2km access ramp, install a new compressor, reinstate the historic ore pass to its existing Princeton operations on Level 17 and mobilised a mining fleet to recommence mining. Nick Brodie, CEO of Golconda Gold, stat...

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...

Ecora Resources PLC announces that on 17 May 2024, it purchased 200,000 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: 17 May 2024 Aggregate number of ordinary shares purchased: 200,000 Lowest price paid per share : 86.00 Highest price paid per share : 86.25 Volume weighted average price paid per share : 86.13 Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 11,675,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 250,056,897. The above figure of 250,056,89...

Val-d'Or, Quebec-- - Val-d'Or Mining Corporation announces that further to its news release dated May 14, 2024, and subject to acceptance by the TSX Venture Exchange , it proposes issuing up to $430,000 in debenture units at an issue price of $10,000 per Debenture Unit. Each Debenture Unit shall consist of one convertible senior unsecured debenture with a principal amount of $10,000 and 70,000 detachable common share purchase warrants . Each Warrant will be exercisable for a period of 12 months from the closing of the offering, at an exercise price per Warrant of $0.07. The Debentures will have a term of 12 months from closing of the offering, subject to early redemption and will bear interest at the rate of 6%, accrued and compounded annually, which interest will be paid in cash or shares...

The Goldsource Board unanimously recommends that Securityholders vote FOR the Arrangement Resolution to Approve the Arrangement with Mako Mining Corp. Securityholders are encouraged to read the Special Meeting materials and vote well in advance of the proxy deadline of 10:00 a.m. on June 12, 2024. Securityholders who have questions or need assistance with voting their securities should contact Goldsource's proxy solicitation agent and shareholder communications advisor Laurel Hill Advisory Group by telephone at 1-877-452-7184 or by email at assistance@laurelhill.com. Goldsource Mines Inc. announced today that it has filed and mailed the management information circular and related materials for the special meeting of shareholders and optionholders of the Company ...

, announces that it has granted an aggregate of 900,000 incentive stock options to two individuals, who are both directors and officers of the Company . Each Option is exercisable into one common share in the capital of the Company at an exercise price of $0.85 per Common Share and which expire five years following the date of grant. The Options are subject to a three-year vesting period with 300,000 options vesting on the first, second and third anniversary from the grant date. These Options were issued to replace 900,000 incentive stock options, exercisable at $0.30 per Common Share which expired on May 16, 2024 . The Optionees agreed to forego the exercise of the Expired Options due to the cash impact to both the Optionees and the Company of a cashless exercise of the Expired Options. ...

Perpetua Resources Corp. today announced the results of its annual general meeting , which was held online through a virtual meeting platform on May 16, 2024. A total of 47,342,353 common shares were represented at the Annual Meeting, or 73.83% of the votes attached to all outstanding shares at the Company's record date of March 22, 2024. The Company's shareholders voted for the election of all director nominees listed in the Company's management information proxy circular. Detailed results of the vote for the election of directors are as follows: Name of Nominee Votes For Votes Withheld Total Votes* Percentage of Votes For* Percentage of Votes Withheld* Marcelo Kim 41,873,168 833,739 42,706,907 98.05 % 1.95 % Chris Robison 42,818,936 89,659 42,908,595 99.79 % 0.21 % Alex Ste...

On May 15, 2024, SSR Mining Inc. filed an amendment to the Company's Proxy Statement dated April 12, 2024 for its Annual and Special Meeting of Shareholders to be held on May 23, 2024 . The purpose of the Amendment is to supplement and amend Proposal No. 3 of the Proxy Statement, specifically, to amend the definition of "Change of Control" included in Section 2.1 of the Company's 2024 Share Compensation Plan by deleting subclause of the definition based on the recommendation of certain proxy advisors following their review of the Plan presented in the Proxy Statement. Subclause of the definition of Change of Control permitted a majority of Incumbent Directors of the Company to determine that a Change of Control has occurred. None of the other agenda items presented in the Proxy...

ABIDJAN, Côte d'Ivoire, May 17, 2024 /CNW/ - Montage Gold Corp. announces that it will hold its Annual General and Special Meeting on Friday, June 7, 2024. The Notice of Meeting and Management Information Circular relating to the meeting has been mailed to shareholders and has been filed under the Company's profile at www.sedarplus.ca. The proposed slate of director nominees will consist of six individuals: Ron Hochstein, Richard P. Clark, Anu Dhir, David Field, Alessandro Bitelli and Martino De Ciccio. If elected, Ron Hochstein will be proposed as the Chair of the Board replacing Peter Mitchell who is not standing for re-election. In addition, Sasha Bukacheva and Hugh Stuart will not be standing for re-election as directors. With the successful transition of the previously a...

Metal Energy Corp. is pleased to announce that it has entered into an amendment agreement with Mistango River Resources ‎Inc. wherein the Company and Mistango agreed to amend a mining property ‎call option agreement dated October 28, 2022 ‎. The Call Option Agreement grants the Company the option to re-acquire a ‎‎15% interest ‎‎ in 19 mining claims in the Province of Manitoba . ‎ Pursuant to the Amending Agreement, the outside date in which the Company may exercise ‎the call option to acquire the Interest from Mistango shall be extended from April 30, 2024 ‎to April 30, 2026. As consideration for the extension, the Company shall grant Mistango a ‎total of 1,000,000 common shares in the capital of the Company , at a ‎deemed pric...

Calibre Mining Corp. announces that Mr. Douglas Hurst and Mr. Raymond Threlkeld will not stand for re-election to the Company's board of directors during the June 12, 2024 annual general meeting . Mr. Hurst has served on the Board since 2016 as a member of the Audit and the Governance Committees. Mr. Threlkeld has served on the Board since 2018 and was a member of the Compensation, Governance and Safety, Health, Environment, Sustainability and Technical Committees. Calibre is pleased to announce that Ms. Omaya Elguindi will be nominated for election at the Meeting as a new member of the Board. The Company also announces the resignation of Mr. David Splett, Senior Vice President and Chief Financial Officer, effective July 31, 2024. New Board Nominee, Ms. Omaya Elguindi The Com...