National instrument

BIGG Digital Assets Inc. Closes Upsized Brokered LIFE Financing for Gross Proceeds of C$8 Million

Retrieved on: 
Tuesday, March 12, 2024

VANCOUVER, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins, Blockchain Intelligence Group, and TerraZero is pleased to announce the closing of its previously announced commercially reasonable efforts upsized private placement (the “Offering”). Under the Offering, the Company sold 33,333,333 units of the Company (the “Units”) at a price of C$0.24 per Unit for gross proceeds of C$8,000,000. A.G.P. Canada Investments ULC (“A.G.P. Canada”) acted as sole agent and bookrunner under the Offering.

Key Points: 
  • Under the Offering, the Company sold 33,333,333 units of the Company (the “Units”) at a price of C$0.24 per Unit for gross proceeds of C$8,000,000.
  • A.G.P.
  • Each Unit consists of one common share of the Company (a “Share”) and one Share purchase warrant (a “Warrant”).
  • The Units were sold pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions (the “LIFE Exemption”).

Ranchero Finalises Option on Pinchi Lake Nickel Project in British Columbia, Canada

Retrieved on: 
Tuesday, March 12, 2024

VANCOUVER, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) -- Ranchero Gold Corp. (“Ranchero” or the “Company”) (TSX.V:RNCH) is pleased to announce that further to its press releases on November 21, 2023 and February 26, 2024, it has closed its option agreement (the “Option Agreement”) with Recharge Resources Ltd. (“Recharge”) whereby Ranchero can earn a 100% interest in the Pinchi Lake Nickel Project (the “Pinchi Project”).

Key Points: 
  • VANCOUVER, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) -- Ranchero Gold Corp. (“Ranchero” or the “Company”) (TSX.V:RNCH) is pleased to announce that further to its press releases on November 21, 2023 and February 26, 2024, it has closed its option agreement (the “Option Agreement”) with Recharge Resources Ltd. (“Recharge”) whereby Ranchero can earn a 100% interest in the Pinchi Lake Nickel Project (the “Pinchi Project”).
  • For further information regarding the Option Agreement, see the Company’s press release dated November 21, 2023.
  • The Pinchi Project consisting of six mineral claims totaling 3,917 hectares, situated approximately 15 to 30 km northwest of Fort St. James and 120 km northwest of Prince George in central British Columbia.
  • In accordance with the Option Agreement, Ranchero has issued 835,000 common shares in the capital of Ranchero to Recharge.

New Found Reports Positive Phase 1 Metallurgical Test Results Demonstrating 90% to 96% Gold Extraction at Queensway

Retrieved on: 
Wednesday, April 3, 2024

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    Phase I metallurgical testing commenced in 2023 and focused on three mineralized zones – Keats Main, Golden Joint, and Lotto.
  • Weighted average gold extraction on all 116 Variability Composite samples, broken out by the five cross sections shown in Figures 1-6, range from 90% to 96%.
  • Gold extraction across the three zones tested in Phase I demonstrates similar metallurgical characteristics and achieved similar extractions from both gravity and CIL.
  • Metallurgical test work at Queensway has been designed and supervised by Gary Simmons (MMSA QP Number: 01013QP) as an independent consultant.

Anaergia Announces Delay in the Filing of Its Audited Financial Statements and Related Disclosures

Retrieved on: 
Friday, March 29, 2024

Due to delays in the financial reporting process stemming from accounting and financial reporting impacts associated with the restructuring activities and transformation of the Company during the 2023 year, Anaergia’s audit will take additional time.

Key Points: 
  • Due to delays in the financial reporting process stemming from accounting and financial reporting impacts associated with the restructuring activities and transformation of the Company during the 2023 year, Anaergia’s audit will take additional time.
  • The Company is working diligently to facilitate the completion of the audit of the annual consolidated financial statements by Deloitte LLP and will be in a position to file the Required Documents on or about April 15, 2024.
  • Once issued, the CTO will remain in place until such time as the Required Documents are completed by the Company.
  • Other than as disclosed herein, Anaergia is up to date in its filing obligations.

Mogo Nominates Independent Candidate for Election to WonderFi’s Board of Directors – Supports KAOS Capital’s Call for a Fundamental Transformation of Board

Retrieved on: 
Wednesday, March 27, 2024

Mogo is WonderFi’s largest shareholder, holding approximately 87 million common shares (~13% ownership interest) of WonderFi (the “WonderFi Shares”).

Key Points: 
  • Mogo is WonderFi’s largest shareholder, holding approximately 87 million common shares (~13% ownership interest) of WonderFi (the “WonderFi Shares”).
  • Mogo also announced that it has entered into a voting agreement with KAOS Capital Ltd. (“KAOS Capital”) supporting a slate of new directors at WonderFi.
  • Unfortunately, WonderFi has refused to engage on these items which we view as critical to the company’s success.
  • On March 27, 2024, Mogo and KAOS Capital entered into the Voting Agreement.

RTEC announces sale of interest in the Fort à la Corne Joint Venture to Star Diamond Corporation

Retrieved on: 
Tuesday, March 26, 2024

Rio Tinto Exploration Canada Inc. (“RTEC”) is pleased to announce that it has acquired 108,204,112 common shares in the capital of Star Diamond Corporation (“SDC”) in exchange for all of its interest in the Fort à la Corne joint venture (“FalC JV Interest”).

Key Points: 
  • Rio Tinto Exploration Canada Inc. (“RTEC”) is pleased to announce that it has acquired 108,204,112 common shares in the capital of Star Diamond Corporation (“SDC”) in exchange for all of its interest in the Fort à la Corne joint venture (“FalC JV Interest”).
  • As a result, RTEC currently owns or controls, in the aggregate, 119,315,222 common shares representing a 19.9% interest in SDC.
  • Prior to the Transaction, RTEC held 75% interest in the Fort à la Corne joint venture and 11,111,110 common shares of SDC.
  • Under the terms of the Agreement, RTEC sold all of its FalC JV Interest to SDC resulting in RTEC owning 19.9% of the issued and outstanding common shares of SDC on a non-diluted basis.

STLLR Gold Appoints Successor Auditor

Retrieved on: 
Monday, March 25, 2024

STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) (“STLLR” or the “Company”) announces that it has changed its auditor from BDO Canada LLP, Chartered Professional Accountants (the “Former Auditor”) to MNP LLP (the “Successor Auditor”).

Key Points: 
  • STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) (“STLLR” or the “Company”) announces that it has changed its auditor from BDO Canada LLP, Chartered Professional Accountants (the “Former Auditor”) to MNP LLP (the “Successor Auditor”).
  • At the request of the Company, the Former Auditor resigned as the auditor of the Company effective March 19, 2024, and the Board of Directors of the Company appointed the Successor Auditor as the Company’s auditor effective March 19, 2024, until the next Annual General Meeting of the Company.
  • The resignation of the Former Auditor as auditor of the Company has been approved by the Company's Audit Committee and its Board of Directors.
  • In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Board of Directors of the Company and filed on SEDAR+ www.sedarplus.ca

Cameco Reports Document Filings

Retrieved on: 
Saturday, March 23, 2024

In addition, Cameco filed with Canadian securities regulatory authorities its AIF.

Key Points: 
  • In addition, Cameco filed with Canadian securities regulatory authorities its AIF.
  • Cameco also filed a technical report for the Cigar Lake operation under Canadian Securities Administrators' National Instrument 43-101.
  • Cameco, on behalf of itself and certain subsidiaries (collectively, “Cameco”), will also post its Modern Slavery Report in accordance with the Fighting Against Forced Labour and Child Labour in Supply Chains Act (Canada) (the “Act”).
  • Utilities around the world rely on Cameco to provide global nuclear fuel solutions for the generation of safe, reliable, carbon-free nuclear power.

Kolibri Global Energy Inc. Announces Proved Reserves With Net Present Value of US$483 Million

Retrieved on: 
Thursday, March 21, 2024

Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI), is providing the results of its December 31, 2023, independent reserves evaluation.

Key Points: 
  • Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI), is providing the results of its December 31, 2023, independent reserves evaluation.
  • Our percentage of PDP versus Total Proved reserves increased to 24% from 18% last year as we continued to convert our proved undeveloped reserves into cash generating PDP wells.
  • We are also pleased that the Net Present Value (“NPV”) of the PDP reserves increased by 11% even as the forecast pricing used in the reserve report decreased compared to the prior year.
  • “Our Proved Reserves value of US$482.6 million (NPV discounted at 10%), decreased by 6% from the 2022 independent reserves evaluation.

Li-Cycle Reports Full Year 2023 Results

Retrieved on: 
Friday, March 15, 2024

The change resulted in a transition period of November 1, 2022 through December 31, 2022.

Key Points: 
  • The change resulted in a transition period of November 1, 2022 through December 31, 2022.
  • The Company has calculated the income statement for the year ended December 31, 2022 and has provided a comparison to the year ended December 31, 2023 below.
  • As of December 31, 2023, Li-Cycle had cash and cash equivalents on hand of $70.6 million.
  • Li-Cycle anticipates filing the Restated Interim Financial Reports and related MD&As on or before April 29, 2024.