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Newsfile News Releases

May 16, 2024 03:05 ET
Basin Uranium Stakes Uranium Project in the Great Divide Basin, Wyoming
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - BASIN URANIUM CORP. (CSE: NCLR) (CNSX: NCLR.CN) ("Basin Uranium" or the "Company") is pleased to announce it has acquired the Great Divide Basin Uranium Project (the "Project" or "GDB") located in Sweetwater County, Wyoming, USA. The Project, which was acquired through direct staking by the Company, is comprised of 104 unpatented mineral lode claims totaling approximately 1,880 acres located in south-central Wyoming and within the Great Divide Basin (Figure 1). The claims are located contiguous with Premier American Uranium's Cyclone Project which hosts an exploration target ranging from 6.5 million short tons averaging 0.06% U3O8 (7.9 million lbs. U3O8) to 10.5 million short tons averaging 0.06% U3O8 (12.6 million lbs. U3O8)1. Wyoming is home to both the largest uranium reserves and top producing uranium state in US2, with the Great Divide Basin representing the least exploited of Wyoming's basins estimated to contain over 270 million pounds of uranium3.
May 16, 2024 03:05 ET
Great Eagle Gold Commits US $18,376,904 for Multi-Million Ounce NI 43-101 Certified Gold-Silver Deposit in California
Burnaby, British Columbia--(Newsfile Corp. - May 16, 2024) - Great Eagle Gold Corp. (CSE: GEGC) (FSE: GI8) ("Great Eagle") is pleased to announce the signing of a binding letter of intent ("LOI") with Teras Resources Inc. ("Teras") to acquire 100% of the subsurface mineral rights pertaining to a U.S. Patented Land Claim package, located in Imperial County, California, collectively known as the Cahuilla gold project. Great Eagle has agreed to pay an immediate US $50,000 standstill payment to Teras.
May 16, 2024 03:00 ET
Silver Crown Royalties Enters into Amalgamation Agreement and Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - May 16, 2024) - Silver Crown Royalties Inc. ("Silver Crown", "SCRi", or the "Company") is pleased to announce it has entered into an amalgamation agreement with a reporting issuer 1287412 B.C. Ltd., a reporting issuer in the Provinces of British Columbia and Alberta, and is undertaking a concurrent financing (the "Offering") of up to 10,000,000 subscription receipts ("Subscription Receipts") at a price of C$0.50 per Subscription Receipt for gross proceeds of up to C$5,000,000. Each Subscription Receipt will entitle the holder to receive one unit of the Company in connection with the amalgamation to be completed with the reporting issuer. Each unit shall consist of one common share of SCRi and one full three-year warrant with an 80c strike price. The gross proceeds will be used to facilitate a go-public transaction and carry out the Company's planned growth strategy of pursuing additional producing and development silver-only royalty opportunities. On the closing of the transaction, the Company anticipates a 20:1 share consolidation.
May 16, 2024 02:00 ET
Arrow Announces the Spud of the CNB HZ-1 Well
Calgary, Alberta--(Newsfile Corp. - May 16, 2024) -   Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce the spud of the Carrizales Norte B pad Horizontal Well 1 ("CNB HZ-1") on the Tapir Block in the Llanos Basin of Colombia.
May 15, 2024 23:51 ET
Maunda, Social Media Platform Focused on Mental Health
Richmond, Virginia--(Newsfile Corp. - May 15, 2024) - In an industry first, Maunda, a new social media platform focused on mental well-being has been launched. The platform aims to build a community of hope by linking mental health tools and social media in one space. It provides a space for users to connect, share their experiences, and access positive tools to help reduce stress and manage anxiety.
May 15, 2024 22:04 ET
Vertiqal Studios Reports Strong Q1 2024 Financial Performance with Revenue Growth and Cost Reductions
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - Gamelancer Media Corp. (TSX: VRTS) (OTCQB: GAMGF) (FSE: P93) (dba Vertiqal Studios) ("the Company") - Vertiqal Studios, a leading digital-channel network and video-production studio, is pleased to announce a robust financial performance for the first quarter of 2024. The company has achieved a significant increase in revenues and a reduction in costs, leading to a substantial decrease in EBITDA loss compared to Q1 2023.
May 15, 2024 21:18 ET
Talon Metals Reports Results for the Quarter Ended March 31, 2024
Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - May 15, 2024) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") reported a net loss for the three months ended March 31, 2024 of $0.3 million or nil per share (basic and diluted), which was primarily the result of administration expenses offset by foreign currency gains. This compares to a net loss for the three months ended March 31, 2023 of $0.6 million or nil per share (basic and diluted), which was primarily the result of administration expenses offset by interest income.
May 15, 2024 21:01 ET
Denarius Metals Announces First Quarter 2024 Results
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or "the Company") announced today that it has filed its unaudited interim condensed consolidated financial statements and accompanying management's discussion and analysis (MD&A) for the three months ended March 31, 2024. These documents can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted.
May 15, 2024 20:57 ET
IberAmerican Lithium Announces First Quarter 2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - IberAmerican Lithium Corp. (CBOE: IBER) (OTCQB: IBRLF) (FSE: W2C) ("IberAmerican" or "the Company") announced today that it has filed its unaudited condensed interim consolidated financial statements and accompanying management's discussion and analysis (MD&A) for the three months ended March 31, 2024 (the "Quarter"). These documents can be found on its website at www.iberamericanlithium.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca. All financial figures contained herein are expressed in Canadian dollars unless otherwise noted.
May 15, 2024 20:49 ET
Steppe Gold Announces Q1 2024 Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 15, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the quarter ended March 31, 2024.
May 15, 2024 20:05 ET
Coofandy Announces Launch of New Graduation Event for 2024 Graduates
New York, New York--(Newsfile Corp. - May 15, 2024) - Today, Coofandy, a renowned men's fashion brand, announced a series of initiatives to celebrate the 2024 graduates. These include a new line of stylish blazers, exclusive discounts, and two major offline events in Boston.
May 15, 2024 19:28 ET
US Copper Corp Announces Results from Moonlight Drilling
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - US Copper Corp (TSXV: USCU) (OTCQB: USCUF) (FSE: C730) ("US Copper" or the "Company") is pleased to announce results from the 15-hole shallow drill program last fall on its Moonlight deposit at the Moonlight-Superior Copper Project in North-East California.
May 15, 2024 19:00 ET
Excellon Closes Final Tranches of Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that, further to the Company's news releases dated April 4, 2024 and April 15, 2024, it has closed the final tranches of its previously announced non-brokered private placement offering (the "Offering") of units of the Company ("Units"), pursuant to which the Company sold an additional 3,414,555 Units at a price of $0.18 per Unit for additional aggregate gross proceeds to the Company of approximately $614,620. Under the Offering, the Company sold a total of 7,356,632 Units at a price of $0.18 per Unit for aggregate gross proceeds to the Company of approximately $1,324,194.
May 15, 2024 18:52 ET
S2K Capital Corp. Acquires Shares of 1287412 B.C. Ltd.
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - S2K Capital Corp. ("S2K") announced today that they had acquired an aggregate of 750,000 common shares ("Common Shares") of 1287412 B.C. Ltd. ("412" or, the "Corporation"). S2K acquired the securities on May 14, 2024 pursuant to the closing of a private placement of 1,500,000 Common Shares of the Corporation at a purchase price of $0.0001 per Common Share for gross proceeds of $150.00 (the "Acquisition").
May 15, 2024 18:51 ET
GHB Capital LLC Acquires Shares of 1287412 B.C. Ltd.
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - GHB Capital LLC ("GHB") announced today that they had acquired an aggregate of 750,000 common shares ("Common Shares") of 1287412 B.C. Ltd. ("412" or, the "Corporation"). GHB acquired the securities on May 14, 2024 pursuant to the closing of a private placement of 1,500,000 Common Shares of the Corporation at a purchase price of $0.0001 per Common Share for gross proceeds of $150.00 (the "Acquisition").
May 15, 2024 18:36 ET
CubicFarm Systems Corp. Provides Default Status Report
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - CubicFarm® Systems Corp. (TSXV: CUB) ("CubicFarms" or the "Company"), a leading local chain agricultural technology company, is providing this default status report in accordance with National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). On April 16, 2024, the Company announced that it was unable to file its annual audited financial statements for the fiscal year ended December 31, 2023 and the related management's discussion and analysis and annual information form for the fiscal year ended December 31, 2023 (the "Required Filings") by the deadline of April 29, 2024.
May 15, 2024 18:34 ET
Greenfire Resources Reports Voting Results from 2024 Annual Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - May 15, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce the voting results from its annual meeting of shareholders held May 15, 2024 in Calgary, Alberta (the "Meeting").
May 15, 2024 18:32 ET
Orestone Closes Financing
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R1) ("the Company") is pleased to announce the completion of its non-brokered private placement announced April 11, 2024 whereby the Company issued a total of 5,000,000 common shares ("Shares") at a price of $0.03 per Share for gross proceeds of $150,000 (the "Offering").
May 15, 2024 18:24 ET
Canadian Critical Minerals Closes Financing
Calgary, Alberta--(Newsfile Corp. - May 15, 2024) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") has closed a financing, consisting of 2,008,648 units ("Units") priced at $0.05 per Unit for proceeds of $100,432 (the "Offering"). Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at a price of $0.08 per share for a period of 24 months from the Offering.