American Pacific Mining Corp. is pleased to announce the closing of its non-brokered private placement raising gross proceeds of $4,500,000 through the issuance of 22,500,000 units at a price of $0.20 per Unit. Each Unit consists of one common share in the capital of the Company and one-half of one transferable Share purchase warrant . Each Warrant entitles the holder to purchase one additional Share at an exercise price of $0.30 until April 16, 2026. The Company paid aggregate finder's fees of $191,450 in cash and issued 957,250 finder's warrants to Eventus Capital Corp., Canaccord Genuity Corp., Echelon Wealth Partners Inc., and Haywood Securities Inc. The Finder's Warrants are non-transferable, exercisable at $0.30 per Share until the Expiry Date and are subject to the 4 m...

Crestview Exploration Inc. is pleased to announce that it has closed the second tranche of its non-brokered private placement financing that was previously announced on March 21, 2024. In this second tranche an aggregate of 1,995,000 units were issued at a price of $0.05 per unit for gross proceeds of $99,750 . Each unit consists of one common share of the Company and one share purchase warrant and each warrant is exercisable into one common share of the Company at a price of $0.10 per common share for a term of two-years from the date of issuance. The Company intends to use the proceeds of this Offering for general and administrative purposes, option payments, and pre-drilling and exploration activities at its Nevada properties. The securities issued under the Offering will ...

K92 Mining Inc. announces that it will release its 2024 first quarter financial results before the North American trading markets open on Monday, May 13, 2024. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the 2024 first quarter financial results at 8:30 am on Monday, May 13, 2024. Listeners may access the conference call by dialing toll-free to 1-844-763-8274 within North America or +1-647-484-8814 from international locations. The conference call will also be broadcast live and may be accessed via the following link: https://services.choruscall.ca/links/k92mining2024q1.html About K92 K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands ...

Alaris Equity Partners Income Trust is pleased to announce the redemption of Alaris' interest in Brown & Settle Investments, LLC , which closed on April 12, 2024, and resulted in gross proceeds to Alaris of US$71.5 million . Alaris' total return on our B&S investment is US$30.8 million delivering an unlevered IRR of 15% and a MOIC of 1.5x. After today's announcement, Alaris will have approximately CA$166.0 million drawn on its senior credit facility and CA$334 million available for investment purposes based on our credit agreement that provides for up to $500 million of indebtedness. Alaris' total senior debt-to-EBITDA on a proforma basis is approximately 1.14x. Alaris estimates its Run Rate Payout Ratio to be between 65% and 70% following the B&S redemption. "Today's...

VANCOUVER, BC, April 16, 2024 /CNW/ - The following issues have been halted by CIRO Company: Silver Mountain Resources Inc. TSX-Venture Symbol: AGMR All Issues: Yes Reason: Pending News Halt Time : 3:34 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 ca...

Ionic Rare Earths Ltd. managing director Tim Harrison sits down with Jonathan Jackson in the Proactive studio as the company fields strong global interest in its Belfast Magnet Recycling Demonstration Plant. Harrison discusses the upcoming production schedule and the potential partnerships on the horizon. IonicRE is setting a robust pace with an 18-month production schedule leading into the third quarter of 2025. The plant has become a critical showcase, demonstrating Ionic's capability to offer secure, sustainable alternatives for magnet rare earth oxides at a fraction of the capital and risk typically associated with new mining and refinery projects. This approach not only emphasises cost-efficiency but also significantly reduces technical and deliverability risks. The comp...

Ioneer Ltd. managing director Bernard Rowe is with Proactive's Jonathan Jackson to discuss the latest developments at the Rhyolite Ridge Lithium-Boron Project in Nevada. Ioneer has reached a crucial phase in advancing the proposed mine with the Bureau of Land Management issuing the project's draft Environmental Impact Statement , a key step in the environmental permitting process for this greenfield site in Esmeralda County. This draft EIS is particularly notable as it's the first issued under the Biden Administration's initiative to boost domestic lithium production. The statement is open for public comment, reflecting years of collaboration between Ioneer and various federal, state, local agencies and Tribal Nations. The project aims to significa...

Almadex Minerals Ltd. is pleased to announce that, since its press release of December 14, 2023, it has acquired by staking four additional prospects, bringing the total of new prospects staked since early 2023 to fourteen. As noted in our press release of April 8th, 2024, one of these prospects - New Hope in Arizona - has been advanced to the "project" stage and the Company is moving towards a first phase drill program in 2024. Today's press release provides an update regarding recent mapping and sampling at three of our new prospects, all of which are located in central Nevada, USA and are prospective for epithermal gold-silver deposits. The Company is planning initial work programs designed to rapidly provide the exploration dataset to evaluate whether these targets merit ...

iolite Capital Management Ltd. , a selective investment management firm serving private and institutional clients, is pleased to announce a significant holding in Dynacor Group , representing 10% of the company's outstanding common shares. In celebrating this milestone, Robert Leitz, Managing Director of iolite, noted, "Dynacor has a pioneering role in ethical gold sourcing and processing. I am supportive of the company's strategic focus on expanding production capabilities and diversifying its asset portfolio, and I look forward to iolite's long and prosperous partnership with Dynacor." About Dynacor Dynacor is a highly reputable and industry-leading ethical gold sourcing and processing business headquartered in Montreal, Canada. The company plays a pioneering role in establ...

McEwen Mining Inc. is pleased to announce that it has entered into a definitive agreement and plan of merger to acquire all of the issued and outstanding shares of Timberline Resources Corp. by way of a merger between Timberline and a subsidiary of McEwen . The Transaction will augment McEwen's existing portfolio of development and exploration projects in Nevada. Timberline shareholders will have the right to receive 0.01 of a share of McEwen's common stock for each share of Timberline's common stock , representing a value of US$0.102 per Timberline share, calculated based on the 20-day volume weighted average trading price of McEwen's shares on the NYSE at the close on April 15th, 2024. This represents an 132% premium to Timberline's 20-day volume-weighted avera...

Toronto, Ontario-- - Medaro Mining Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 9,451,457 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on April 17, 2024. Dealers are reminded to re-enter their orders taking into account the share consolidation. _________________________________ Medaro Mining Corp. a annoncé une consolidation de ses actions ordinaires émises et en circulation sur la base d'une action ordinaire post-consolidée pour dix actions ordinaires pré-consolidées. ...

79 Resources Ltd. reports that it intends to seek capital by way of a non-brokered financing described herein. Common Share Unit Financing The Corporation intends to conduct a non-brokered common share unit financing consisting of up to 2,000,000 common share units to be issued at a price of $0.05 per Unit. Each Unit shall consist of one common share of the Corporation and one common share purchase warrant that entitles the holder of a Warrant, upon further payment to the Corporation, to acquire one additional common share of the Corporation at an exercise price of $0.05 per Warrant Share on any date prior to the date which is 60 months following the closing date of the Financing, or tranche thereunder. 79 Resources plans to use the proceeds of the Financing...

Revenue Increased 27% to $20.7 Million Impact Silver Corp. announces its financial and operating results for the year ended December 31, 2023. The Company is recognized as an intermediate miner with strength across the value chain including production, growth and exploration potential. The Company is evolving from being a near pure play on silver with ongoing production across an extensive mining district at its Royal Mines of Zacualpan Silver district in central Mexico. In 2023, the Company acquired Mineral Latin America Zinc , a Mexican entity which owns and operates the Plomosas high grade zinc-lead-silver mine in northern Mexico; IMPACT brought limited production back online in late 2023 with the goal of reaching full design capacity in late 2024, leading to meaningful hig...