Sego Resources Inc. is pleased to announce that it has received approval from the TSX Venture Exchange for closing of the final tranche of the financing announced on March 14, 2024. On closing, Sego will issue 10,000,000 units at $0.02 per unit for gross proceeds of $200,000. Each unit of the financing will consist of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase an additional common share at $0.05 for two years from the closing date. The securities issued on closing are subject to the applicable statutory four-month and one-day hold period ending September 2, 2024. Finder's fees will be payable on a portion of the private placement and will consist of 7% cash and 7% broker warrants. Each broker warrant will e...

CSE: TEX | OTCQB: TRGEF | FRA: V6Y Targa Exploration Corp. today announced that, further to the Company's news releases dated March 21, 2024 and March 28, 2024, it has closed the second and final tranche of its previously announced private placement for an additional 6,700,000 units of the Company at a price of $0.10 per HD Unit for gross proceeds of C$670,000. A total of 9,750,000 HD Units and 3,500,000 charity flow-through units of the Company were issued under the first and second tranches of the Offering for aggregate gross proceeds of C$1,587,500. "I would like to thank our current shareholders and several new ones who participated in this financing for their continued support of Targa", commented Targa CEO, Cameron Tymstra. "I would like to welcome two well respected Qu...

Nouveau Monde Graphite Inc. announces that, at the special meeting of the Company's shareholders held today, Shareholders approved the previously announced aggregate US$37.5-million private placements from Mitsui & Co., Ltd. and Pallinghurst Bond Limited that will be completed by NMG issuing common shares and warrants in exchange for the surrender and cancellation of each of Mitsui's and Pallinghurst's convertible notes dated November 8, 2022, as amended and restated on April 11, 2023 . Mitsui had committed to a private placement of US$25 million and Pallinghurst to a private placement of US$12.5 million, in each case subject to the approval of disinterested Shareholders of each transaction in accordance with Regulation 61-101 Protection of Minority Security Holders in Specia...

Zonte Metals Inc. is pleased to announce a non-brokered private placement for proceeds of up to $350,000 consisting of up to 1,000,000 common share units at a price of $0.08 and 3,000,000 flow through units at a price of $0.09 , subject to TSX Venture Exchange approval. Each Unit will consist of one common share and one common share purchase warrant entitling the holder to acquire one additional common share for a period of 24 months from the date of issuance. The warrants accompanying the common share units will be exercisable at a price of $0.11 and the warrants accompanying the flow-through units will be exercisable at a price of $0.15. The Company may consider increasing the size of the Offering depending on demand. Eligible finders will be entitled to a Finders' Fees in ...

VANCOUVER, BC, May 1, 2024 /CNW/ - The following issues have been halted by CIRO Company: SKRR Exploration Inc. TSX-Venture Symbol: SKRR All Issues: Yes Reason: Pending Company Contact Halt Time : 12:48 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...

Not for distribution to U.S. newswire services or for release, publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States VANCOUVER, British Columbia, May 01, 2024 -- Alaska Energy Metals Corp. has announced that it has filed a prospectus supplement dated April 30, 2024 to its short form base shelf prospectus dated April 19, 2024 to qualify the distribution of securities underlying 2,500,000 special warrants issued by the Company on February 8, 2024 . The Prospectus Supplement qualifies the distribution of 2,500,000 common shares and 1,250,000 common share purchase warrants comprising the units of the Company issuable on the exercise or deemed exercise of the Special Warrants in the Provinces of British Columbia, Ont...

Saville Resources Inc. is pleased to announce it has extended its previously announced non-brokered private placement of up to 15,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $750,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant, with each whole warrant exercisable to acquire one common share of the Company at a price of $0.075 per share for a period of 12 months from the date of issuance. The Company may pay finder's fees in connection with the Offering in accordance with applicable securities law and the policies of the TSX Venture Exchange . The Company expects to use the net proceeds of the Offering for general corporate purposes and working capital. The Offering remains subject to ...

Avino Silver & Gold Mines Ltd. plans to announce its First Quarter financial results after the market closes on Wednesday, May 8, 2024. In addition, the Company will be holding a conference call and webcast on Thursday, May 9, 2024, at 8:00 a.m. PDT . Shareholders, analysts, investors, and media are invited to join the webcast and conference call by logging in here Avino Q1 2024 Financial Results or by dialing the following numbers five to ten minutes prior to the start time. Toll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 974717 Participants will be greeted by an operator and asked for the access code. If a caller does not have the code, they can reference the company name. Participants will have the opportunity to ask questions during the Q&A ...

Argo Gold Inc.'s total 2023 oil production was 17,553 barrels for the company's first year as an oil producer in the Lloydminster area of Alberta, Canada. Argo's 2023 oil revenue was $952,692 and the company's net operating cash flow for 2023 was $665,917. Year 2023 Argo's oil production Argo's 2023 Oil Revenue Argo's 2023 net operating cash flow Lindbergh 1, Lindbergh 2, Lloyd 1 17,533 barrels $952,692 $665,917 About Argo Gold Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR at www.sedarplus.ca and on Argo Gold's website at www.argogold.com. Argo Gold is listed on the Canadian Securities Exchange CSE: ARQ as well a...

NYSE American: UEC Uranium Energy Corp. or the "Company") applauds last night's vote by the United States Senate for passing H.R. 1042, a bill to ban Russian uranium imports into the United States, by unanimous consent. The House of Representatives passed the bill in December of 2023. Senator Barrasso of Wyoming stated: "I have fought for years to end America's reliance on Russian nuclear fuel. Our efforts have finally paid off with passage of our bill to ban these imports once and for all. Wyoming has the uranium to replace Russian imports, and we're ready to use it. Our bipartisan legislation will help defund Russia's war machine, revive American uranium production, and jumpstart investments in America's nuclear fuel supply chain. This is a tremendous victory. I'm grateful t...

Greenland Resources Inc. is pleased to announce the Company's ongoing progress on its Malmbjerg Molybdenum Project . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240501324662/en/ Highlights: The permitting process announced on the April 2nd press release is continuing its due course with positive feedback received. Further updates will be announced. Over the past year, the Company has been making significant progress with its financial advisors and the mandated independent firms that work on behalf of the capex lenders. These independent firms are responsible to produce independent and free of conflict due diligence reports on engineering and environmental and social aspects that include Equator Principles and IF...

Giyani Metals Corp. CEO Danny Keating joined Proactive's Stephen Gunnion with news that the company is pushing quickly ahead with its flagship high-purity K. Hill manganese project in Botswana and the construction of a demonstration plant in Johannesburg.
The company has drawn down the first $5.7 million of a $16 million convertible loan facility secured from South Africa's Industrial Development Corporation .
In total, Keating said the company has completed a $26 million funding round, minimising shareholder dilution by combining equity and debt financing strategies. This funding supports the construction of the demonstration plant, which will play a crucial role in establishing credibility with potential customers through the production and consistent delivery of high-quali...

Sovereign Metals Ltd. managing director Frank Eagar joins Proactive's Stephen Gunnion with details of key developments.
The company has appointed Dr Surinder Ghag as chief technology officer for graphite, marking a strategic move to enhance its operations in graphite production, particularly for the lithium-ion battery industry. Garg, noted for his expertise in anode materials for batteries, is expected to play a critical role in developing Sovereign Metals' downstream test work programs.
Sovereign Metals also announced the procurement of an industrial-scale spiral concentrator, which will be used to increase graphite concentrate sample preparation at their Malawi facility. This equipment is intended to replicate the plant's future operations and i...