TSX Venture Exchange

Canada Carbon Provides Update on Its Asbury Mine Exploration Program

Retrieved on: 
Friday, December 1, 2023

TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company" or "Canada Carbon” or ("CCB"), (TSX-V:CCB), (FF:U7N1) is pleased to report that extensive graphitic mineralization was observed during its ongoing drill program on the Asbury Property (“the Property”).

Key Points: 
  • TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company" or "Canada Carbon” or ("CCB"), (TSX-V:CCB), (FF:U7N1) is pleased to report that extensive graphitic mineralization was observed during its ongoing drill program on the Asbury Property (“the Property”).
  • The Company would like to take this opportunity to provide a general update regarding the exploration program on the Property.
  • Current results will likely modify the exploration program to target strike extension of the holes drilled during the current program in order to optimize future resource calculation.
  • Canada Carbon has completed bulk sampling and shipped those samples to SGS Canada for the purpose of metallurgical testing.

CANADA CARBON PROVIDES UPDATE ON ITS ASBURY MINE EXPLORATION PROGRAM

Retrieved on: 
Friday, December 1, 2023

Toronto, Ontario, Canada, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company" or "Canada Carbon” or ("CCB"), (TSX-V:CCB), (FF:U7N1) is pleased to report that extensive graphitic mineralization was observed during its ongoing drill program on the Asbury Property (“the Property”).

Key Points: 
  • Toronto, Ontario, Canada, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company" or "Canada Carbon” or ("CCB"), (TSX-V:CCB), (FF:U7N1) is pleased to report that extensive graphitic mineralization was observed during its ongoing drill program on the Asbury Property (“the Property”).
  • The Company would like to take this opportunity to provide a general update regarding the exploration program on the Property.
  • Current results will likely modify the exploration program to target strike extension of the holes drilled during the current program in order to optimize future resource calculation.
  • Canada Carbon has completed bulk sampling and shipped those samples to SGS Canada for the purpose of metallurgical testing.

OROCO CLOSES NON-BROKERED PRIVATE PLACEMENT

Retrieved on: 
Friday, December 1, 2023

Vancouver, Canada, Nov. 30, 2023 (GLOBE NEWSWIRE) -- November 30, 2023) Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) raising gross proceeds of $2,691,940 through the sale of 6,729,850 units at a price of $0.40 per unit.

Key Points: 
  • Vancouver, Canada, Nov. 30, 2023 (GLOBE NEWSWIRE) -- November 30, 2023) Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) raising gross proceeds of $2,691,940 through the sale of 6,729,850 units at a price of $0.40 per unit.
  • The Company has received conditional approval from the TSX Venture Exchange for the Private Placement but has yet to receive final approval.
  • The participation of each in the Private Placement is exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 as the fair market value of each participation is less than 25% of the market capitalization of the Company.
  • No finder’s fees were paid in connection with the Private Placement.

Consolidated Uranium Announces Receipt of Final Order for Arrangement with IsoEnergy

Retrieved on: 
Friday, December 1, 2023

TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that the Ontario Superior Court of Justice has granted the final order (the “Final Order”) in connection with the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Merger” or the “Arrangement”), pursuant to which, among other things, IsoEnergy Ltd. (“IsoEnergy”) (TSXV:ISO) will acquire all of the issued and outstanding common shares of Consolidated Uranium not already held by IsoEnergy or its affiliates (the “CUR Shares”) in exchange for 0.500 of a common share of IsoEnergy (each whole share, an “IsoEnergy Share”) for each CUR Share held.

Key Points: 
  • TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that the Ontario Superior Court of Justice has granted the final order (the “Final Order”) in connection with the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Merger” or the “Arrangement”), pursuant to which, among other things, IsoEnergy Ltd. (“IsoEnergy”) (TSXV:ISO) will acquire all of the issued and outstanding common shares of Consolidated Uranium not already held by IsoEnergy or its affiliates (the “CUR Shares”) in exchange for 0.500 of a common share of IsoEnergy (each whole share, an “IsoEnergy Share”) for each CUR Share held.
  • As previously announced, the Arrangement was approved by the Company’s shareholders at a special meeting held on November 28, 2023.
  • Closing of the Arrangement remains subject to satisfaction of certain customary closing conditions, including stock exchange and regulatory approvals.
  • Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement on or around December 5, 2023.

Clive J. Beddoe Announces Resignation as Director of SQI Diagnostics Inc., Debt Forgiveness, Voting Trust Agreement and Related Transactions

Retrieved on: 
Thursday, November 30, 2023

CALGARY, Alberta, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Mr. Clive J. Beddoe (“Mr. Beddoe”) announces that he has resigned as director of SQI Diagnostics Inc. (the “Company”) effective October 29, 2023 (the “Effective Date”). Mr. Beddoe also announces that he has forgiven $1,790,000 aggregate principal amount, plus accrued and unpaid interest, of secured debentures of the Company held by Mr. Beddoe.

Key Points: 
  • Beddoe”) announces that he has resigned as director of SQI Diagnostics Inc. (the “Company”) effective October 29, 2023 (the “Effective Date”).
  • Mr. Beddoe also announces that he has forgiven $1,790,000 aggregate principal amount, plus accrued and unpaid interest, of secured debentures of the Company held by Mr. Beddoe.
  • Mr. Beddoe has no involvement in the Restructuring and there can be no assurance that it will be completed.
  • There can be no assurances as to the timing of the transactions contemplated by the Share Transfer Agreement or Warrant Agreement nor whether any such transactions will be completed.

Wilmot L. Matthews Announces Resignation as Director of SQI Diagnostics Inc., Debt Forgiveness, Voting Trust Agreement and Related Transactions

Retrieved on: 
Thursday, November 30, 2023

TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Mr. Wilmot L. Matthews (“Mr. Matthews”) announces that he has resigned as director of SQI Diagnostics (the “Company”) effective October 29, 2023 (the “Effective Date”). Mr. Matthews also announces that he has forgiven $2,450,000 aggregate principal amount, plus accrued and unpaid interest, of secured debentures of the Company held by Mr. Matthews.

Key Points: 
  • Matthews”) announces that he has resigned as director of SQI Diagnostics (the “Company”) effective October 29, 2023 (the “Effective Date”).
  • Mr. Matthews also announces that he has forgiven $2,450,000 aggregate principal amount, plus accrued and unpaid interest, of secured debentures of the Company held by Mr. Matthews.
  • Mr. Matthews has no involvement in the Restructuring and there can be no assurance that it will be completed.
  • There can be no assurances as to the timing of the transactions contemplated by the Share Transfer Agreement or Warrant Agreement nor whether any such transactions will be completed.

XORTX Announces US ATM Offering

Retrieved on: 
Thursday, November 30, 2023

A cash commission of 3.0% on the aggregate gross proceeds raised under the ATM Offering will be paid to Wainwright in connection with its services.

Key Points: 
  • A cash commission of 3.0% on the aggregate gross proceeds raised under the ATM Offering will be paid to Wainwright in connection with its services.
  • The ATM Offering is being made in the United States pursuant to a registration statement on Form F-3 (File No.
  • No Shares in the ATM Offering will be sold on the TSX Venture Exchange (“TSXV”) or any other trading market in Canada.
  • If XORTX chooses to sell Shares under the ATM Offering, the Company intends to use the net proceeds of the ATM Offering for working capital and for other general corporate purposes.

MINILUXE REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER AND THIRTY-NINE WEEKS OF 2023

Retrieved on: 
Thursday, November 30, 2023

Toronto, Ontario, Nov. 30, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended October 1, 2023 (“Q3 2023”) and the 39 weeks ended October 1, 2023 (“YTD Q3 2023”). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks. FY2022 consisted of a 53-week period while all other fiscal years referred to in this release consist of 52-week periods. All quarters referred to in this release consist of 13-week periods. Unless otherwise specified, all amounts are reported in U.S. dollars.

Key Points: 
  • Dollars
    Announces Resilient Double-Digit Growth in Core Studio Base, Execution of
    Toronto, Ontario, Nov. 30, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended October 1, 2023 (“Q3 2023”) and the 39 weeks ended October 1, 2023 (“YTD Q3 2023”).
  • The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks.
  • MiniLuxe is pleased to announce continued double-digit growth in year-over-year (“YoY”) revenue as well as positive traction in cost containment initiatives.
  • In addition to robust Q3 2023 revenue, the company underwent significant cost reduction and reconfiguration during the quarter.

MINILUXE ANNOUNCES ~$3.5M USD OF INVESTMENT COMMITMENTS AND FIRST CLOSING OF CONVERTIBLE NOTE FINANCING

Retrieved on: 
Thursday, November 30, 2023

Boston, MA, Nov. 30, 2023 (GLOBE NEWSWIRE) --  MiniLuxe Holding Corp. (TSXV: MNLX) ("MiniLuxe" or the "Company") announced today that it has completed an initial tranche of a non-brokered convertible debenture unit offering, with an immediate closing of gross proceeds of approximately $2.5M USD (the "Offering"). Additionally, the Company has signed indications of interest commitments for an incremental ~ $1.0M USD to be completed in one or more additional tranches of the Offering (for a total of approximately $3.5M USD). Above and beyond the initial closing of the Offering, the Company will evaluate and potentially close, on a rolling basis, additional tranches of the Offering (above and beyond the $3.5M USD committed) as it deems strategic based on needs and fit with prospective investors for up to $10M USD in gross proceeds.

Key Points: 
  • Additionally, the Company has signed indications of interest commitments for an incremental ~ $1.0M USD to be completed in one or more additional tranches of the Offering (for a total of approximately $3.5M USD).
  • The initial closing of the Offering resulted in the issuance of 2,585 units of the Company (each, a "Unit" and collectively the "Units") at a price of $1,000 USD per Unit.
  • If the Debentures are converted at maturity, the dilutive impact would be approximately 6.6% (inclusive of the exercise of all Warrants).
  • If all of the Warrants are exercised, the Company would receive additional proceeds of approximately $525,000 USD.

Prime Mining Announces Graduation to the Toronto Stock Exchange

Retrieved on: 
Wednesday, November 29, 2023

VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) is pleased to announce that the Company will begin trading on the Toronto Stock Exchange ("TSX") on December 5, 2023 following its graduation from the TSX Venture Exchange (the "TSXV").

Key Points: 
  • VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) is pleased to announce that the Company will begin trading on the Toronto Stock Exchange ("TSX") on December 5, 2023 following its graduation from the TSX Venture Exchange (the "TSXV").
  • The trading symbol for the common shares of Prime on the TSX will remain unchanged as "PRYM".
  • Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing.
  • Prime Chief Executive Officer Daniel Kunz commented, “We are pleased to announce our graduation to the main board of the Toronto Stock Exchange, a significant milestone in the evolution of Prime Mining Corp. Prime has already had a very productive year.