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Newsfile News Releases

Aug 04, 2020 21:15 ET
Bonavista Obtains Final Court Order Approving its Recapitalization Transaction
Calgary, Alberta--(Newsfile Corp. - August 4, 2020) - Bonavista Energy Corporation (TSX: BNP) ("Bonavista" or the "Company") today announced that, in connection with the previously announced recapitalization transaction (the "Recapitalization Transaction") described in the Company's management information circular dated July 2, 2020, the Company has obtained a final order (the "Final Order") from the Court of Queen's Bench of Alberta approving the plan of arrangement under the Canada Business Corporations Act (the "Plan of Arrangement") pursuant to which the Recapitalization Transaction is being implemented.
Aug 04, 2020 19:19 ET
CellCube Provides Corporate Update on Sale of Enerox
Toronto, Ontario--(Newsfile Corp. - August 4, 2020) - CellCube Energy Storage Systems Inc. (CSE: CUBE) ("CellCube" or the "Company"), a company focused on the energy storage industry, wishes to provide a corporate update and announces changes to its ownership of Enerox GMBH.
Aug 04, 2020 19:14 ET
Tesoro Minerals Announces Upsizing of Previously Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2020) - Tesoro Minerals Corp.,  (TSXV: TES) ("Tesoro" or the "Company") is pleased to announce, further to the Company's press release dated June 18, 2020, an upsizing of its previously announced non-brokered private placement (the "Private Placement"). The upsized Private Placement will be for gross proceeds of up to $336,150 through the sale of up to 6,723,000 units (the "Units") at a price of $0.05 per Unit (all dollar amounts in CAD$). Each Unit will consist of one common share (a "Share") and one transferrable common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one additional Share at a price of $0.10 per Share for a period of two years from the closing date. The Shares, Warrants and any Shares issued on the exercise of the Warrants, will be subject to a four month restricted resale period in accordance with the policies of the TSX Venture Exchange ("TSXV") and applicable securities laws.
Aug 04, 2020 18:11 ET
Onclave Secures Series B Financing Round to Secure Critical Infrastructure and 5G Wireless Communications.
Led by Pendrell Corporation and Option3Ventures, the latest investment round advances Onclave's mission of delivering innovative cybersecurity communications for Enterprises and OEMs
Aug 04, 2020 18:02 ET
Nutritional High Announces Settlement of Payables and Update on Psychedelic Sciences Corp Acquisition.
Toronto, Ontario--(Newsfile Corp. - August 4, 2020) - Nutritional High International Inc. (CSE: EAT) (OTC Pink: SPLIF) ("Nutritional High" or the "Company") is pleased to announce settlement of trade payables and an update regarding the acquisition of Psychedelic Sciences Corp ("PSC").
Aug 04, 2020 17:50 ET
Hasbrouck Gold Project Permitting Update
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2020) - West Vault Mining Inc. (TSXV: WVM) ("West Vault" or the "Company") reports that EM Strategies, environmental consultants to the Company, has advised that the public comment period for the Environmental Assessment ("EA") on the Hasbrouck Gold Project ("Hasbrouck") has closed. The Bureau of Land Management ("BLM") received two comment letters at the end of the comment period as part of the National Environmental Policy Act ("NEPA") process. One of the letters, from an environmental group, asserts, among other items, that the mine should have been reviewed by the BLM under a more extensive Environmental Impact Statement, ("EIS") process rather than the current Environmental Assessment ("EA"). The BLM is currently reviewing those letters as part of their comment response.
Aug 04, 2020 17:49 ET
BB1 Acquisition Corp. Announces Proposed Qualifying Transaction with Cerrado Gold Inc.
Toronto, Ontario--(Newsfile Corp. - August 4, 2020) -  BB1 Acquisition Corp. (TSXV: BBA.P) ("BB1" or the "Company"), a capital pool company, and Cerrado Gold Inc. ("Cerrado") are pleased to announce that they have entered into a binding Letter of Intent, dated August 4, 2020 (the "LOI"), which sets forth the general terms and conditions of a proposed transaction (the "Transaction") pursuant to which BB1 will acquire all of the issued and outstanding shares of Cerrado. The Transaction will constitute a "Qualifying Transaction" of BB1, as such term is defined in Policy 2.4 of the Corporate Finance Manual (the "Policy") of the TSX Venture Exchange (the "TSXV").
Aug 04, 2020 17:47 ET
Oakley Ventures Inc. Appoints New Director
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2020) - Oakley Ventures Inc. (CSE: OAKY) (the "Company" or "Oakley") is pleased to announce the appointment of David Watkinson to the Company's board of directors, effective July 31, 2020.
Aug 04, 2020 17:07 ET
PetroTal Announces Details Regarding Annual General and Special Meeting
Virtual Meeting to be Held on September 9, 2020
Aug 04, 2020 17:06 ET
Eric Sprott Announces Holdings, Including Historical Acquisition, of Securities of Stroud Resources Ltd.
Toronto, Ontario--(Newsfile Corp. - August 4, 2020) -  Eric Sprott announces his holdings of securities of Stroud Resources Ltd., all of which are held through 2176423 Ontario Ltd., a corporation which is beneficially owned by him.
Aug 04, 2020 17:00 ET
GOLO Mobile Inc. Announces Resignation Of CFO
Montreal, Quebec--(Newsfile Corp. - August 4, 2020) - GOLO Mobile Inc. (TSXV: GOLO) ("GOLO" or the "Company") today announced that Stephane Morneau, GOLO's Chief Financial Officer ("CFO"), has resigned effective August 26, 2020 to pursue other interests.
Aug 04, 2020 17:00 ET
Metalo Manufacturing Inc. - Convertible Debenture Interest Conversion
Halifax, Nova Scotia--(Newsfile Corp. - August 4, 2020) - Metalo Manufacturing Inc. (CSE: MMI)  (the "Issuer") announces that it will issue 127,660 common shares of the Issuer to Forest Lane Holdings Limited ("FLH"), a company controlled by an insider of the Issuer.
Aug 04, 2020 17:00 ET
Spirit Banner Provides Update on Private Placement and Qualifying Transaction
Toronto, Ontario--(Newsfile Corp. - August 4, 2020) -  Spirit Banner Capital Corp. (TSXV: SBCC.P) ("Spirit Banner" or the "Corporation") provides an update on its proposed business combination transaction (the "Proposed Transaction") with Ion Energy Ltd. ("Ion Energy"), and Ion Energy's non-brokered private placement to be completed in connection with the Proposed Transaction. It is expected the Proposed Transaction will qualify as the Corporation's "Qualifying Transaction" under the policies of the TSX Venture Exchange (the "TSXV").
Aug 04, 2020 16:33 ET
Talon Metals Announces Best Efforts Public Offering of Common Shares
Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - August 4, 2020) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Corporation") is pleased to announce a best efforts public offering of common shares of the Corporation (the "Common Shares") for aggregate gross proceeds of up to $3 million (the "Offering") at a price of $0.26 per Common Share.
Aug 04, 2020 16:10 ET
Midnight Sun Announces Appointment of CFO
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2020) - Midnight Sun Mining Corp. (TSXV: MMA) (the "Company" or "Midnight Sun") is pleased to announce the appointment of Alastair Brownlow as Chief Financial Officer ("CFO") effective as of August 1, 2020, replacing Wayne Moorhouse in this role.
Aug 04, 2020 16:00 ET
Canuc Closes Private Placement
Toronto, Ontario--(Newsfile Corp. - August 4, 2020) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") announces the closing of a non-brokered Private Placement for gross proceeds of $650,000. The closing of this Private Placement results in issuance of 6,500,000 Units. Each Unit consists of one common share ("Common Share") priced at 10 cents and one half of one warrant ("Warrant"). Each Warrant entitles the holder to purchase one additional Common Share at 15 cents for a period of two years from the closing of the Private Placement. All securities issued under this Private Placement will be subject to a hold period expiring four months and one day from the date of closing. Proceeds of this Private Placement will be used for exploration at the Company's San Javier Silver-Gold Project, and for general working capital.
Aug 04, 2020 14:07 ET
Royal Road Announces Closing of C$11.5 Million Bought Deal Financing
All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated.
Aug 04, 2020 12:54 ET
Bayhorse Closes First Tranche of Flow-Through Financing
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2020) - Bayhorse Silver Inc (TSXV: BHS) (the "Company" or "Bayhorse") has closed the first tranche of the its previously announced 5 million Unit Flow-Through Private Placement for 3,360,000 Units for gross proceeds of $420,000. Each Flow-Through Unit will consist of one common share of the Company and one transferable common share purchase warrant exercisable into one common share of the Company at an exercise price of $0.20 cents for two years from date of issuance.
Aug 04, 2020 12:35 ET
Meryllion Resources Corp. Announces Changes to Its Board of Directors and Management
Toronto, Ontario--(Newsfile Corp. - August 4, 2020) - Meryllion Resources Corporation (CSE: MYR), ("Meryllion" or the "Corporation") is pleased to announce a number of changes to it Board of Directors and the composition of its management.
Aug 04, 2020 12:05 ET
Falcon Strikes High-Grade Gold at Its Spitfire & Sunny Boy Claims, Merritt, B.C.
Channel samples returned up to 122 grams/tonne (3.56 oz/ton) gold over a meter