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NEO Battery Materials Announces Pricing of Non-Brokered LIFE Private Placement

Retrieved on: 
Tuesday, October 10, 2023

TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)

Key Points: 
  • TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)
    NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the pricing of the non-brokered private placement (the “Offering”).
  • Pursuant to the Listed Issuer Financing Exemption, the Units offered will be immediately freely tradeable, not subject to a hold period in accordance with applicable Canadian securities law.
  • Each Unit shall consist of one common share of the Company (each, a “Common Share”) and one non-transferable Common Share purchase warrant (each, a “Warrant”).
  • There is an offering document related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and at www.neobatterymaterials.com .

Significant increase in gold resource for Palito- Updated Mineral Resource Statement

Retrieved on: 
Friday, October 6, 2023

(1) Mineral Resources are not Mineral Reserves and have not demonstrated economic viability.

Key Points: 
  • (1) Mineral Resources are not Mineral Reserves and have not demonstrated economic viability.
  • Mineral Resources are reported inclusive of Mineral Reserves.
  • (2) Serabi is the operator and owns 100% of the Palito Complex such that gross and net attributable mineral resources are the same.
  • The person who arranged for the release of this announcement on behalf of the Company was Clive Line, Director.

Doubleview Reports Strong Mineralization Extends Buck Zone of the Lisle Deposit Another 250m South-Southwest

Retrieved on: 
Monday, October 16, 2023

Drill hole H054 has extended the Buck Zone within the Lisle Deposit for another 250m south-southwest.

Key Points: 
  • Drill hole H054 has extended the Buck Zone within the Lisle Deposit for another 250m south-southwest.
  • The assay results summarized in Table 1 are open to the south and southwest of the Hat mineralization complex.
  • The gradual approach to increasing the Buck Zone's dimensions is anticipated to add more value to the upcoming Q1 2024 resource estimate.
  • All drill holes in this news release (H054 - H056) have expanded the mineralized envelope of the Lisle Deposit.

NiSource Reaffirms Commitment to a Diverse Energy Future with Launch of Multi-phase Hydrogen Blending Project

Retrieved on: 
Thursday, October 5, 2023

“At NiSource we believe that a balanced energy future is one where no one is left behind, and to achieve that goal, we must include a diverse portfolio of energy sources to meet our current and future energy needs,” said Yates.

Key Points: 
  • “At NiSource we believe that a balanced energy future is one where no one is left behind, and to achieve that goal, we must include a diverse portfolio of energy sources to meet our current and future energy needs,” said Yates.
  • Throughout the multi-phase hydrogen blending project, NiSource will continue to evaluate the viability of hydrogen-natural gas blends for other applications such as factories and power plants.
  • The blending program is one facet of NiSource’s overall Future of Energy strategy, which includes a dynamic range of clean energy solutions ranging from solar, wind, electricity and renewable natural gas to secure a sustainable energy future for all.
  • “Integrating hydrogen into our energy future is complementary to renewable energy and could further enhance the global energy transition underway,” said Yates.

Globex Update on Mirage (Lac Escale) Lithium Project

Retrieved on: 
Wednesday, October 4, 2023

To date, 12 holes have been completed totaling over 1,000 metres.

Key Points: 
  • To date, 12 holes have been completed totaling over 1,000 metres.
  • Significant spodumene-bearing pegmatites have been intersected in 12 holes over widths up to 52 metres (true thickness unknown).
  • The Lac Escale (Mirage property) is under option to Brunswick from Globex.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

enCore Energy Provides Update on the Rosita & Alta Mesa ISR Uranium Central Processing Plants and Debt Repayment

Retrieved on: 
Wednesday, October 4, 2023

DALLAS, Oct. 4, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today provides an update from the South Texas Rosita In-Situ Recovery (ISR) Uranium Central Processing Plant (CPP) and Wellfield.

Key Points: 
  • DALLAS, Oct. 4, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today provides an update from the South Texas Rosita In-Situ Recovery (ISR) Uranium Central Processing Plant (CPP) and Wellfield.
  • The Alta Mesa CPP remains on track for production in Q1/2024 with key staffing in place for both facilities.
  • The Company also announces it has repaid a total of $20 million USD of the $60 million USD Alta Mesa debt, to Energy Fuels Inc., reducing the debt to $40 million USD.
  • The Rosita ISR Uranium Central Processing Plant (Rosita CPP) and Wellfield is enCore's initial focus for production in 2023.

Vortex Metals Initiates Trenching, Sampling and Mapping at the Riqueza Marina Project

Retrieved on: 
Wednesday, October 4, 2023

VANCOUVER, BC, Oct. 4, 2023 /PRNewswire/ - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTC: VMSSF) ("Vortex" or the "Company") is pleased to announce the initiation of field studies at the Riqueza Marina project located in southern Oaxaca (Figure 1).

Key Points: 
  • VANCOUVER, BC, Oct. 4, 2023 /PRNewswire/ - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTC: VMSSF) ("Vortex" or the "Company") is pleased to announce the initiation of field studies at the Riqueza Marina project located in southern Oaxaca (Figure 1).
  • To date, six manually excavated trenches have been completed totaling 188 meters and 117 rock chip samples, with the sampling results anticipated in October.
  • Initial mapping has identified broad exposures of iron- and manganese-rich exhalite horizons (Figure 2), silicified rhyolite flows and altered metasediments across which the 6 trenches have been excavated.
  • The resumption of work here will likely include additional mapping and sampling, hyperspectral studies of the altered rocks and geophysics.

Orex Signs a Non-Binding Letter of Intent to Acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico

Retrieved on: 
Tuesday, October 3, 2023

de C.V. ("EEC"), a Mexican registered private company, to acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico (the "Valenciana Property").

Key Points: 
  • de C.V. ("EEC"), a Mexican registered private company, to acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico (the "Valenciana Property").
  • It is located on the Mesa Central within the prolific "Silver Trend" of Mexico.
  • Orex's President & CEO, Ben Whiting, P.Geo., said; "The discovery potential of the Valenciana District was recognized by geologists Perry Durning and Bud Hillemeyer back in 1996.
  • There are signs of early production, with old mine shafts and adits, but no historic production documentation is available.

HEALWELL AI Announces $8 Million Bought Deal Private Placement

Retrieved on: 
Tuesday, October 3, 2023

TORONTO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- HEALWELL AI Inc. ("HEALWELL" or the "Company") (TSX: AIDX) is pleased to announce that it has entered into an agreement with Eight Capital, on behalf of a syndicate of underwriters, in connection with a "bought deal" private placement financing of 13,333,400 Class A subordinate voting shares of the Company (the "Shares") at a price of $0.60 per Share, for aggregate gross proceeds of $8,000,040 (the "Offering").

Key Points: 
  • The Company intends to use the net proceeds of the Offering general corporate and working capital purposes.
  • The LIFE Shares will not be subject to resale restrictions pursuant to applicable Canadian securities laws.
  • Purchasers under the Offering will receive a fixed ratio of LIFE Shares to Hold Shares, being approximately 5:3.
  • persons” shall have the meaning given to them in Regulation S under the U.S. Securities Act.

Nevada Copper Announces Resumption of Ore Processing Operations at Pumpkin Hollow

Retrieved on: 
Tuesday, October 3, 2023

YERINGTON, Nev., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) is excited to announce that it has restarted processing operations at its Pumpkin Hollow underground mine (the “Underground Mine”) with the first ore being fed to the mill.

Key Points: 
  • YERINGTON, Nev., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) is excited to announce that it has restarted processing operations at its Pumpkin Hollow underground mine (the “Underground Mine”) with the first ore being fed to the mill.
  • Randy Buffington, President and CEO of Nevada Copper, stated, “It is with great pride that I announce that we have achieved the critical milestone in restarting process operations.
  • We are now well positioned to move towards steady state operations of 5,000 tons per day.
  • The Copper Ridge and Dimples target areas are outside of the current mineral resources and have the potential to establish additional mineral resources within the Pumpkin Hollow property.