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Newsfile News Releases

Nov 01, 2024 17:30 ET
Newfoundland Discovery Announces Effective Date of Share Consolidation
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - NEWFOUNDLAND DISCOVERY CORP. (CSE: NEWD) (OTC Pink: NEWDF) (FSE: M4K) ("Newfoundland Discovery" or "the Company") announces that, further to its news release dated October 30, 2024, the Company shall proceed on a share consolidation of one (1) post-consolidation share for every ten (10) pre-consolidation shares.
Nov 01, 2024 17:20 ET
KWESST Micro Systems Inc. Announces Closing of Public Offering
Ottawa, Ontario--(Newsfile Corp. - November 1, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) ("KWESST" or the "Company"), today announced the closing of its previously announced best efforts public offering of 3,889,000 common shares ("Common Shares") (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof,) at a public offering price of US$0.90 per Common Share (or Pre-funded Warrant (inclusive of the Pre-Funded Warrant exercise price)), less the placement agent fees. The gross proceeds from the offering were approximately US$3,500,000, before deducting placement agent fees of US$0.0675 per Common Share (being an aggregate of US$262,508 or 7.5% of the public offering price of the securities) and estimated offering expenses were approximately US$300,000. In addition, the Company issued to the placement agent as compensation for its services 194,450 common share purchase warrants with an exercise price of US$1.125 per share. All of the Common Shares and Pre-funded Warrants were offered by the Company. The Company intends to use approximately one half of the net proceeds from this Offering for product development and business development relating to BLDS, KWESST Lightning™, ARWEN and PARA OPS™ and approximately one half of the net proceeds for working capital and other general corporate purposes.
Nov 01, 2024 17:16 ET
ATEX Announces Closing of Strategic Investment by Agnico Eagle and Final Settlement of Credit Facility
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - ATEX Resources Inc. (TSXV: ATX) ("ATEX" or the "Company") is pleased to announce the closing of the previously announced US$40 million strategic investment by Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico") on a private placement basis ("Offering"), the concurrent settlement of the Company's US$15 million credit facility and a C$500,000 equity investment by a recently appointed ATEX director.
Nov 01, 2024 17:15 ET
Moon River Moly Ltd. Announces Extension of Engagement of TB Investor Relations
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - Moon River Moly Ltd. (TSXV: MOO) ("Moon River" or the "Company") is pleased to announce, further to its press release of March 8, 2024, that it has agreed to extend the engagement of TB Investors Relations ("TBIR").
Nov 01, 2024 17:00 ET
Givex Announces Shareholder Approval of Arrangement
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - Givex Corp. (TSX: GIVX) (OTCQX: GIVXF) - ("Givex" or the "Company") is pleased to announce the shareholders of Givex ("Givex Shareholders") voted in favour of a special resolution (the "Arrangement Resolution") to approve the previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") with Shift4 Payments, Inc. ("Shift4"), pursuant to which Shift4 has agreed to acquire all of the issued and outstanding shares of Givex for cash consideration of $1.50 per share, at the special meeting of shareholders held on November 1, 2024 (the "Meeting").
Nov 01, 2024 17:00 ET
Scorpio Announces Appointment of Jeff Lindstrom as VP Operations
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") is pleased to announce that it has appointed Jeffery Lindstrom as the Company's VP of Operations. Mr. Lindstrom will be responsible for day-to-day management of Scorpio's two mines in the Walker Lane trend of Nevada, Manhattan and Mineral Ridge. Mr. Lindstrom is an associate with Daniel Kunz and Associates ("DKA") and has worked with Scorpio over the past months as the Company works with DKA towards a compliant resource at Manhattan.
Nov 01, 2024 16:56 ET
Valkea Resources Corp. (OZ) Closes the Market
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - Chris Donaldson, Chief Executive Officer, Valkea Resources Corp. (TSXV: OZ) ("Valkea Resources" or the "Company"), joined Andrew Creech, Managing Director, TSX Venture Exchange Listings, to close the market to celebrate the company's new listing on TSX Venture Exchange.
Nov 01, 2024 16:53 ET
Pasofino Gold Adopts Shareholder Rights Plan
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has adopted a shareholder rights plan (the "Rights Plan") effective as of November 1, 2024 (the "Effective Date").
Nov 01, 2024 16:51 ET
Tethys Petroleum Press Release: Corporate Update
Grand Cayman, Cayman Islands--(Newsfile Corp. - November 1, 2024) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to announce that it has today received the necessary gas flaring permit, a critical milestone in advancing its oil production operations in Kazakhstan.
Nov 01, 2024 16:07 ET
Spark Energy Provides Update on Spodumene Targets at Arapaima Lithium Project and Recent Funding
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company") an exploration Company focused on the discovery of battery metals in Brazil's prestigious Lithium Valley, is pleased to provide an update on the progress of exploration planning in Minas Gerais, Brazil. Exploration will begin over priority targets with three geological sampling teams, focusing initially on detailed follow-up of spodumene occurrences identified in government heavy mineral pan concentrate samples across the 64,359-hectare Arapaima Lithium Project in Lithium Valley, Minas Gerais, Brazil.
Nov 01, 2024 16:01 ET
Steppe Gold Ltd. Announces Change to the Board of Directors
Ulaanbaatar, Mongolia--(Newsfile Corp. - November 1, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) ("Steppe Gold" or the "Company") announces today that Steve Haggarty has tendered his resignation today as director of the Company, effective as of October 31, 2024.
Nov 01, 2024 16:00 ET
Homerun Resources Inc. Signs Marketing Agreement with Interactive Offers
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that the Company has signed an agreement with Interactive Offers ("Interactive Offers") to provide marketing services to increase public awareness of the Company.
Nov 01, 2024 15:59 ET
CSE Bulletin: NV Issuer Designation - Rektron Group Inc. (REK.U)
Toronto, Ontario--(Newsfile Corp. - Le 1 novembre/November 2024) - CSE has determined that Rektron Group Inc. has met the criteria set out in CSE Policy 2A.4 for an NV Issuer. Listed Issuers designated as NV Issuers form the Senior Tier of CSE Listed Issuers and are subject to additional requirements as set out in CSE Policies.
Nov 01, 2024 14:55 ET
Caprock Provides Supplemental Disclosure Regarding Destiny Gold Project in Quebec
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - Caprock Mining Corp. (CSE: CAPR) ("Caprock" or the "Company") announces that in connection with the annual and special meeting of shareholders scheduled to be held on November 7, 2024 (the "Meeting") that it wishes to provide the following additional disclosure regarding the historical resource described in the Company's management information circular (the "Circular") prepared and mailed to shareholders in connection with the Meeting.
Nov 01, 2024 14:30 ET
Good Natured Products Inc. Obtains CCAA Court Approval of Sale
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - good natured Products Inc. (TSXV: GDNP.H) (OTC Pink: GDNPF) (the "Company" or "good natured®"), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, announced today that the Supreme Court of British Columbia (the "Court") has approved, pursuant to an approval and reverse vesting order granted under the Companies' Creditors Arrangement Act (the "CCAA"), the previously announced transaction (the "Transaction") whereby HUK 149 Limited, a private United Kingdom limited company ("Hilco"), an affiliate of UK based turnaround investor Hilco Capital, will acquire the Company and its subsidiaries (other than certain excluded assets and liabilities to be transferred directly or indirectly to a newly incorporated entity) pursuant to the terms of a subscription agreement entered into between the Company and Hilco (the "Agreement").
Nov 01, 2024 13:52 ET
Akwaaba Mining Ltd. Announces the Resignation of Alex Heath from The Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Akwaaba Mining Ltd. (TSXV: AML) ("Akwaaba" or the "Company") today announced the resignation of Alex Heath from the Company's Board of Directors.
Nov 01, 2024 13:17 ET
Summa Silver Announces Closing of $6.5 Million Brokered Financing
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company" ) is pleased to announce the closing of its previously announced brokered offering (the "Offering") of units of the Company (each, a "Unit") at a price of $0.40 per Unit for aggregate gross proceeds of $6,483,000, including a partial exercise of the agents' option. The Offering was completed under a combined Listed Issuer Financing Exemption ("LIFE") private placement and concurrent private placement to accredited investors ("Private Placement").
Nov 01, 2024 13:00 ET
DSI Expands Its Role as the Marketplace Leader in the Aluminum Railing Industry
Bremen, Indiana--(Newsfile Corp. - November 1, 2024) - The recent introduction of two new innovative Westbury railing systems highlights Digger Specialties Inc.'s (DSI)'s position as the industry leader in the aluminum railing category. Aluminum railing has been the fastest growing railing material in the decking and railing marketplace for the past several years. With eight different railing systems available in a wide variety of profiles, Westbury is the most extensive aluminum railing product line in the business. More importantly, Westbury Aluminum Railing has achieved recognition in the marketplace for superior quality and labor saving features.
Nov 01, 2024 12:42 ET
CSE Bulletin: Consolidation - Steadright Critical Minerals Inc. (SCM)
Toronto, Ontario--(Newsfile Corp. - Le 1 novembre/November 2024) - Steadright Critical Minerals Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every two (2) pre-consolidated common shares.
Nov 01, 2024 12:10 ET
Fremont Announces Name Change to Hayasa Metals Inc.
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR20) ("Hayasa" or the "Company") is pleased to announce that the TSX Venture Exchange (the "TSXV") has approved the Company's name change from Fremont Gold Ltd. to Hayasa Metals Inc.