NI

Brixton Metals Private Placement Over-Subscribed

Retrieved on: 
Monday, November 6, 2023
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VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that, due to overwhelming interest, the Company's non-brokered private placement previously announced on October 30, 2023 (the "Offering") has been over-subscribed.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that, due to overwhelming interest, the Company's non-brokered private placement previously announced on October 30, 2023 (the "Offering") has been over-subscribed.
  • The Purchasers will have the benefit of the offering document and the rights provided under the Listed Issuer Financing Exemption.
  • All statements other than statements of historical fact included herein are forward-looking statements, including, without limitation, statements regarding potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, proposed timing for completion of the Private Placement, the expected number of Common Shares to be issued and gross proceeds of the Private Placement, and the use of proceeds of the Private Placement.
  • Brixton does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Earthworks Announces Closing of Private Placement of Units for Gross Proceeds of $1.5 Million

Retrieved on: 
Thursday, November 2, 2023
TSX Venture Exchange, Sale, WIRE, Multilateral, Minority, FOR, Issuer, MI, NEWS, NOT, Offering, Corporation, Indian stock exchange, Part, NI, Security (finance), Bank, Unit

VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Earthworks Industries Inc. (TSXV:EWK) (the “Company”) is pleased to announce that it has closed its previously announced commercially reasonable efforts private placement offering of an aggregate of 7,500,000 units (the “Units”) at a price of $0.20 per Unit (the “Issue Price”) for aggregate gross proceeds of $1,500,000 (the “Offering”). Each Unit consists of one common share in the capital of the Company (each, a “Common Share”) and one common share purchase warrant of the Company (each, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one additional Common Share at a price of C$0.40, subject to adjustment in certain events, at any time until November 2, 2025.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Earthworks Industries Inc. (TSXV:EWK) (the “Company”) is pleased to announce that it has closed its previously announced commercially reasonable efforts private placement offering of an aggregate of 7,500,000 units (the “Units”) at a price of $0.20 per Unit (the “Issue Price”) for aggregate gross proceeds of $1,500,000 (the “Offering”).
  • The Company intends to use the net proceeds of the Offering for working capital, general corporate purposes, to pay outstanding accounts payable, and to pay a debt extension fee.
  • David Russell, an "insider" and Chief Financial Officer of the Company, has subscribed for 100,000 Units under the Offering for aggregate gross proceeds of $20,000.
  • The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101.

Newcore Gold Commissions Updated Preliminary Economic Assessment Study for the Enchi Gold Project, Ghana

Retrieved on: 
Wednesday, November 1, 2023
Knowledge, Mineral resource estimation, Technical report, Gold, BBA, Resource, OTCQX, SEDAR, Person, PEA, News, Project, Mineral Resources Limited, Engineering, National instrument, Micon, Enchi, Consultant, National Instrument 43-101, NI, Uranium mining, Mining, Lycopodium

VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce it has engaged the independent engineering consultants Lycopodium, Micon International Limited and SEMS Exploration to prepare an updated National Instrument 43-101 ("NI 43-101") Preliminary Economic Assessment ("PEA") study for the Company’s 100%-owned Enchi Gold Project ("Enchi" or the "Project") in Ghana.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce it has engaged the independent engineering consultants Lycopodium, Micon International Limited and SEMS Exploration to prepare an updated National Instrument 43-101 ("NI 43-101") Preliminary Economic Assessment ("PEA") study for the Company’s 100%-owned Enchi Gold Project ("Enchi" or the "Project") in Ghana.
  • Newcore is targeting completion and announcement of the results of the study by the end of H1 2024.
  • Luke Alexander, President & CEO of Newcore stated, "We believe updating our PEA is an important step in continuing to advance the development of our Enchi Gold Project in Ghana.
  • Newcore has engaged the independent engineering consultants Lycopodium, Micon International Limited and SEMS Exploration to prepare an updated NI 43-101 PEA Technical Report for the Enchi Gold Project.

American Lithium Announces 476% Increase in Measured + Indicated Lithium Resources at Falchani – Adds K, Cs and Rb to Block Model

Retrieved on: 
Tuesday, October 31, 2023
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The geologic model from which lithium resources are reported is a 3D block model developed using the World Geodetic System (WGS) 1984 UTM Zone 19S and is in metric units.

Key Points: 
  • The geologic model from which lithium resources are reported is a 3D block model developed using the World Geodetic System (WGS) 1984 UTM Zone 19S and is in metric units.
  • Modeling method and approach is development of a multiple ore percent standard block model with interpretation of geologic controls on mineralization based on exploration data.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium has no assurance that the outcome of these appeals will be in the Company’s favour.

Marathon Gold Confirms Valentine Gold Project Berry Expansion Released from Provincial Environmental Assessment Process

Retrieved on: 
Monday, October 30, 2023
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TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that the Honourable Bernard Davis, Newfoundland and Labrador (NL) Minister of Environment and Climate Change, has released the proposed addition of the Berry Deposit to the Valentine Gold Project (the “Berry Pit Expansion” and the “Project”) from the provincial environmental assessment (EA) process.

Key Points: 
  • TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that the Honourable Bernard Davis, Newfoundland and Labrador (NL) Minister of Environment and Climate Change, has released the proposed addition of the Berry Deposit to the Valentine Gold Project (the “Berry Pit Expansion” and the “Project”) from the provincial environmental assessment (EA) process.
  • In September 2020, Marathon submitted an Environmental Impact Statement (“EIS”) for the Project to IAAC and the NLDECC pursuant to the requirements of the Canadian Environmental Assessment Act (2012) and the NL Environmental Protection Act, respectively.
  • The Valentine Gold Project was released from the provincial EA process on March 17, 2022, and the federal EA process on August 24, 2022.
  • In December 2022 Marathon released results of an Updated Feasibility Study for Valentine based on the addition of a third open pit and associated infrastructure at the Berry Complex (the “three-pit project”).

Ero Copper Agrees with Vale Base Metals to Enter into Earn-in Agreement for a 60% Interest in the Furnas Copper Project

Retrieved on: 
Monday, October 30, 2023
Gold, Mining, NYSE, Public expenditure, Copper, ERO, Engineering, VBM, DFS, Growth, IOCG, Partnership, Term sheet, SE, NI, Map, TSX, Vale, Airline, Project, Ero

"We are delighted for the opportunity to partner with VBM to advance the Furnas copper project.

Key Points: 
  • "We are delighted for the opportunity to partner with VBM to advance the Furnas copper project.
  • We are fully committed to unlocking value for all stakeholders by accelerating what we believe is a world-class project," said David Strang, Chief Executive Officer.
  • Furnas is an IOCG project located approximately 50 kilometers southeast of VBM's Salobo operations and approximately 190 kilometers northeast of Ero's Tucumã Project.
  • Figure 1: Map of the Carajás Mineral Province, highlighting the location of Furnas as well as the Tucumã Project.

Latin Metals Seeking Partners for Cerro Bayo Gold-Silver Project in Argentina and Lacsha Copper Project, Peru

Retrieved on: 
Friday, October 27, 2023
Gold, Prospect, Deseado Massif, News, Disclosure, Option, LMS, Latin metal, Metal, Silver, Barrick Gold, NI, Agreement, Mining, Clothing, Property, Cerro Bayo

VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) OTCQB: LMSQF) provides details of projects in Argentina and Peru for which it is seeking partners to enter into option agreements.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) OTCQB: LMSQF) provides details of projects in Argentina and Peru for which it is seeking partners to enter into option agreements.
  • The Company operates with a Prospect Generator model whereby partners are secured under option agreements to fund drilling and advanced exploration.
  • Latin Metals’ Cerro Bayo property is a 28,000-hectare, drill-ready project where 8 drill target areas have been defined within a 6km wide trans-tensional basin.
  • The 100%-owned Lacsha Copper Project is located in the coastal porphyry belt in Peru, which hosts multiple copper-moly and copper-gold-moly porphyry deposits.

NiSource announces third quarter 2023 results, extension to long-term growth plan

Retrieved on: 
Wednesday, November 1, 2023
Oil, Gas, Alternative Energy, Energy, Environment, Sustainability, Public expenditure, NiSource, Growth, NI, Weather, GAAP, Social media, NYSE, Bank

**

Key Points: 
  • **
    NiSource is reiterating 2023 non-GAAP NOEPS to be in the upper half of the $1.54-1.60 range.
  • NiSource is extending its plan to 2028 with non-GAAP NOEPS growth expected to be 6-8% annually, driven by $16 billion 2024-28 base plan capital expenditures and 8-10% annual 2023-28 rate base growth*.
  • **
    "Today’s extended financial plan with 2024 guidance demonstrates strong execution since the initiation of our plan one year ago as well as the resilience and duration of NiSource’s fundamental drivers.
  • Investors are advised to look at NiSource’s website and its social media channels for future important information about the company.

enCore Energy Announces License Renewal for the South Texas ISR Uranium Central Processing Plants (CPP)

Retrieved on: 
Monday, November 6, 2023
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DALLAS, TX, Nov. 6, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today announced the approval of the renewal of the Radioactive Materials License ("License") for enCore's combined South Texas In-Situ Recovery ("ISR") Uranium Central Processing Plants ("CPP") at its Rosita, Kingsville Dome, and Vasquez uranium projects.

Key Points: 
  • DALLAS, TX, Nov. 6, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today announced the approval of the renewal of the Radioactive Materials License ("License") for enCore's combined South Texas In-Situ Recovery ("ISR") Uranium Central Processing Plants ("CPP") at its Rosita, Kingsville Dome, and Vasquez uranium projects.
  • With the renewal, enCore also expects to be resuming uranium production at its Rosita CPP before the end of November 2023, as previously announced (Oct 4, 2023) .
  • The uranium bearing ion exchange (IX) resin will be processed into yellowcake uranium produced at the Rosita CPP marking the first new uranium production in Texas in over a decade.
  • enCore Energy owns and operates three of the four uranium production facilities in Texas, each fully licensed and constructed, 100%-owned, and past-producing.

ENTRÉE RESOURCES ANNOUNCES THIRD QUARTER 2023 RESULTS

Retrieved on: 
Friday, November 3, 2023
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VANCOUVER, BC, Nov. 3, 2023 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its interim financial results for the third quarter ended September 30, 2023.

Key Points: 
  • VANCOUVER, BC, Nov. 3, 2023 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its interim financial results for the third quarter ended September 30, 2023.
  • As at September 30, 2023, construction of conveyor to surface works was approaching 75% completion.
  • Shaft sinking continued during the third quarter 2023.
  • Full results from the 2023 in-fill program for Hugo North Extension are pending.