TSX Venture Exchange

Adventus Announces C$30 Million Bought Deal Public Offering

Retrieved on: 
Wednesday, January 19, 2022 - 9:14pm

The Units will be offered by way of a prospectus supplement to be filed in British Columbia, Alberta, Ontario, New Brunswick, Newfoundland and Labrador.

Key Points: 
  • The Units will be offered by way of a prospectus supplement to be filed in British Columbia, Alberta, Ontario, New Brunswick, Newfoundland and Labrador.
  • Outside of Ecuador, Adventus Mining owns an exploration project portfolio in Ireland with South32 Limited as funding partner.
  • Adventus undertakes to update any forward-looking information except in accordance with applicable securities laws.
  • For further information from Adventus, please contact Christian Kargl-Simard, President and Chief Executive Officer, at +1-416-230-3440 or christian@adventusmining.com .

OSC Announces New Commissioner Appointments

Retrieved on: 
Wednesday, January 19, 2022 - 8:19pm

TORONTO, Jan. 19, 2022 /CNW/ -Ontario Securities Commission (OSC) Chair and CEO Grant Vingoe today announced the following appointments to the Commission.

Key Points: 
  • TORONTO, Jan. 19, 2022 /CNW/ -Ontario Securities Commission (OSC) Chair and CEO Grant Vingoe today announced the following appointments to the Commission.
  • In welcoming these new additions to the OSC, Grant Vingoe commented, "we are delighted to have such seasoned professionals join the Commission.
  • Biographical information on all Commissioners is available in the About the OSC section of the OSC website.
  • Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.ca .

Tudor Gold Grants Options

Retrieved on: 
Wednesday, January 19, 2022 - 8:05pm

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.

Key Points: 
  • This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.
  • Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner.
  • Accordingly, readers should not place undue reliance on forward-looking statements or information.
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110846

EnerSpar and Israeli-Based Nurexone Announce Definitive Agreement

Retrieved on: 
Tuesday, January 18, 2022 - 10:13pm

Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - EnerSpar Corp. (TSXV: ENER) (FSE: 5E0) ("EnerSpar" or the "Company") is pleased to announce that they have entered into an arm's length securities exchange agreement dated January 3, 2022 (the "Agreement"), with Nurexone Biologic Ltd. ("Nurexone") and the shareholders of Nurexone (collectively, the "Vendors"), pursuant to which EnerSpar and Nurexone propose to complete a business combination (the "Proposed Transaction").

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - EnerSpar Corp. (TSXV: ENER) (FSE: 5E0) ("EnerSpar" or the "Company") is pleased to announce that they have entered into an arm's length securities exchange agreement dated January 3, 2022 (the "Agreement"), with Nurexone Biologic Ltd. ("Nurexone") and the shareholders of Nurexone (collectively, the "Vendors"), pursuant to which EnerSpar and Nurexone propose to complete a business combination (the "Proposed Transaction").
  • Pursuant to the Agreement, EnerSpar will acquire each ordinary share of Nurexone in exchange for 17 post-Consolidation (as herein defined) EnerSpar shares from treasury (the "Consideration Shares").
  • Prior to the consummation of the Proposed Transaction, EnerSpar will, subject to the approval of EnerSpar Shareholders, consolidate all the issued and outstanding common shares of EnerSpar ("EnerSpar Shares") on the basis of 10 pre-consolidation EnerSpar Shares for each one post-consolidation EnerSpar Share (the "Consolidation").
  • Each Nurexone Private Placement Unit will consist of one Nurexone Share and one ordinary purchase warrant of Nurexone (each a "Nurexone Offering Warrant").

ALX Resources Corp. Begins Drilling Program at the Alligator Lake Gold Project, SK

Retrieved on: 
Wednesday, January 19, 2022 - 12:30pm

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2022) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that a diamond drilling program is underway at the Alligator Lake Gold Project ("Alligator", or the "Project") located approximately 165 kilometres (103 miles) northeast of La Ronge, SK, Canada.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 19, 2022) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that a diamond drilling program is underway at the Alligator Lake Gold Project ("Alligator", or the "Project") located approximately 165 kilometres (103 miles) northeast of La Ronge, SK, Canada.
  • Alligator is the subject of an option agreement where ALX can earn up to an 80% interest in the Project (see ALX news release dated March 15, 2021 ).
  • The 2022 drilling program consists of up to eight (8) NQ-size diamond drill holes totaling approximately 1,000 metres.
  • Forward-looking statements in this news release include: the Alligator Lake Gold Project ("Alligator") is prospective for gold and base metals mineralization, the Company's plans to undertake exploration activities at Alligator, and expend funds on Alligator.

International Lithium Corp. Outlines Tanco-Style Targets With Up to 339 PPM Caesium From Lithogeochemical Survey Results at Raleigh Lake Lithium and Rubidium Project in Ontario, Canada

Retrieved on: 
Monday, January 17, 2022 - 1:30pm

These targets within the newly surveyed portion of the Raleigh Lake Greenstone Belt are highly prospective for Tanco-style lithium bearing pegmatite mineralization.

Key Points: 
  • These targets within the newly surveyed portion of the Raleigh Lake Greenstone Belt are highly prospective for Tanco-style lithium bearing pegmatite mineralization.
  • Additional targets are identified on recently staked claims south of Raleigh Lake, an area now referred to as Zone 6.
  • John Wisbey, Chairman and CEO of International Lithium Corp. commented:
    "These results are at the upper end of our expectations.
  • The Company's primary strategic focus is now on the Raleigh Lake lithium and rubidium and caesium project in Canada and on identifying additional properties.

DGAP-News: Hot Chili Limited Reports Quarterly Interest Payment on Convertible Notes

Retrieved on: 
Wednesday, January 19, 2022 - 8:25pm

Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQB:HHLKF) ("Hot Chili" or the "Company") advises that with respect to the quarter ended 31 December 2021, the Company has paid to the holders (the "Holders") of convertible notes (the "Convertible Notes") issued on 22 June 2017 and 8 September 2017, interest (the "Interest Debt") in the amount of A$139,616.60 by the issue of 82,043 ordinary shares of the Company ("Ordinary Shares") at a deemed issue price of A$1.70101 per Ordinary Share.

Key Points: 
  • Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQB:HHLKF) ("Hot Chili" or the "Company") advises that with respect to the quarter ended 31 December 2021, the Company has paid to the holders (the "Holders") of convertible notes (the "Convertible Notes") issued on 22 June 2017 and 8 September 2017, interest (the "Interest Debt") in the amount of A$139,616.60 by the issue of 82,043 ordinary shares of the Company ("Ordinary Shares") at a deemed issue price of A$1.70101 per Ordinary Share.
  • In addition, Hot Chili has issued 38,224 Ordinary Shares at a deemed value of A$1.6665 per Ordinary Share to certain Holders who elected to convert their Convertible Notes in accordance with the terms of the Convertible Notes (the "Conversion Debt").
  • The Convertible Notes were issued by the Company on the terms set out in a trust deed dated May 25, 2017 and varied June 19, 2017.
  • Hot Chili Limited is a mineral exploration company with assets in Chile.

DGAP-News: DATAMETREX REPORTS $20M IN CASH ON THE BALANCE SHEET FROM OPERATION

Retrieved on: 
Wednesday, January 19, 2022 - 8:24pm

Toronto, Canada, January 18, 2022 - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that the Company currently has approximately $20M in cash and cash equivalent (marketable securities) on the balance sheet.

Key Points: 
  • Toronto, Canada, January 18, 2022 - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that the Company currently has approximately $20M in cash and cash equivalent (marketable securities) on the balance sheet.
  • Over the last few quarters, the Company has had strong positive cash flow from its operations, which is attributed to the current strong balance sheet.
  • The cash balance is twenty times what it was valued in the same period of 2019.
  • Datametrex believes there will be continuous growth in revenue and profitability from its operations, which will generate stronger positive cash flow for the Company in 2022, resulting in a stronger balance sheet and cash position.

CHARBONE Corporation and the City of Selkirk Partner on Supply of Green Hydrogen

Retrieved on: 
Wednesday, January 19, 2022 - 1:19pm

Charbone will leverage is expertise in the construction and development of green hydrogen production facilities powered from renewable energies and the selling and distribution of its green hydrogen.

Key Points: 
  • Charbone will leverage is expertise in the construction and development of green hydrogen production facilities powered from renewable energies and the selling and distribution of its green hydrogen.
  • Charbone and the City of Selkirk will evaluate the feasibility of the facility with expected initial deliveries as early as the fourth quarter of 2022.
  • Charbone may also provide to the City of Selkirk oxygen in the absence of market feasibility.
  • We are pleased that Charbone Corporation has decided on the City of Selkirk as the potential location for its first Western Canadian venture, said Tim Feduniw, Director of Sustainable Economic Development for the City of Selkirk.

REX RESOURCES CORP. ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER

Retrieved on: 
Wednesday, January 19, 2022 - 2:00pm

Vancouver, Canada, Jan. 19, 2022 (GLOBE NEWSWIRE) -- REX RESOURCES CORP. (TSX-V: OWN) (REX or the Company) is pleased to announce that Meetul Patel has been appointed as the Companys new Chief Financial Officer effective January 17, 2022.

Key Points: 
  • Vancouver, Canada, Jan. 19, 2022 (GLOBE NEWSWIRE) -- REX RESOURCES CORP. (TSX-V: OWN) (REX or the Company) is pleased to announce that Meetul Patel has been appointed as the Companys new Chief Financial Officer effective January 17, 2022.
  • Mr. Patel has worked in the capital markets for the past two years and has served as a director and officer of various companies.
  • Mr. Patel previously worked at KPMG LLP as a Senior Accountant and his responsibilities included financial planning and analysis, tax, and audit.
  • About Rex Resources Corp.: Rex Resources Corp. is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties.