Financings of Exploration Companies in Newfoundland and Labrador

Gold Hunter Resources Announces $1.2M Private Placement

Vancouver, British Columbia--(Newsfile Corp. - February 5, 2025) - Gold Hunter Resources Inc. (CSE: HUNT) (FSE: 6RH) (OTC Pink: GHREF) ("Gold Hunter" or the "Company"), a junior exploration company with a premier district-scale gold project in Newfoundland, is pleased to announce a non-brokered private placement to raise up to $1,200,000. Gold Hunter welcomes participation from both existing and new investors. Notably, key shareholder Eric Sprott has confirmed his commitment to…

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Zonte Metals outlines its fourth large drill target on its Cross Hills Copper Project and corrects previously closed financing terms

January 29, 2025 – TheNewswire - Zonte Metals Inc. (TSXV:ZON) (XOTC:EREPF) (“Zonte” or the “Company”) is pleased to announce the advancement of the K7 target to drill stage.  Highlights: Identification of a large gravity anomaly, with dimensions of 1300 metres by 1250 metres and 1000 metres deep, measured along the longest axes.   The anomaly sits in a structural zone with spatially coincident magnetics and copper-in- soil anomaly.   Sits…

Continue ReadingZonte Metals outlines its fourth large drill target on its Cross Hills Copper Project and corrects previously closed financing terms

Golden Ridge Resources Announces Proposed C$2-Million Best Efforts Private Placement in Furtherance of Previously Announced Acquisition of Majority Interest in Brazilian Mining Producer MM Group LTDA

VANCOUVER, British Columbia , Jan. 29, 2025 (GLOBE NEWSWIRE) -- Golden Ridge Resources Ltd. (“Golden Ridge” or the “Company”) (TSX-V: GLDN) is pleased to announce that it has entered into an engagement agreement with Haywood Securities Inc. (“Haywood” or the “Lead Agent”), as sole bookrunner and lead agent, and on behalf of a syndicate of agents including Ventum Financial Corp. (collectively with the Lead Agent, the “Agents”), pursuant to which…

Continue ReadingGolden Ridge Resources Announces Proposed C$2-Million Best Efforts Private Placement in Furtherance of Previously Announced Acquisition of Majority Interest in Brazilian Mining Producer MM Group LTDA

Galloper Gold Closes Private Placement First Tranche; Acquires Additional Glover Island Exploration Claims

VANCOUVER, BC / ACCESS Newswire / January 28, 2025 / Galloper Gold Corp. (CSE:BOOM) (OTC:GGDCF) (the "Company" or "Galloper") announces that, further to its news release of January 14, 2025, it has closed the first tranche of its non-brokered private placement issuing 4,000,000 units of the Company ("Units") at a price of $0.05 per Unit raising gross proceeds of $200,000 (the "Private Placement'). Each Unit consists of one common share (a "Common Share") and one-half of a…

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Magna Terra Minerals Announces $450,000 Premium Flow-Through Private Placement

TORONTO, ON / ACCESS Newswire / January 22, 2025 / Magna Terra Minerals Inc. (the "Company" or "Magna Terra") (TSXV:MTT) is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered premium flow-through private placement of minimum gross proceeds of $450,000 (the "Offering"). The Offering will consist of an issuance of premium flow-through common shares of the Company at a price of $0.09 per…

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Galloper Arranges Strategic Private Placement

VANCOUVER, British Columbia, January 14, 2025 - Galloper Gold Corp. (CSE: BOOM; OTC: GGDCF)(the “Company” or “Galloper”) is pleased to announce that it has arranged a non-brokered private placement of up to 9,000,000 units of the Company (“Units”) at a price of $0.05 per Unit with strategic investors for aggregate gross proceeds of up to $450,000 (the “Private Placement’). Each Unit will consist of one common share (a “Common Share”)…

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SAGA Metals Corp. corporate update and review of key activities and achievements from 2024.

VANCOUVER, B.C. – January 3, 2025 – SAGA Metals Corp. (“SAGA” or the “Company”) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery in North America, is pleased to provide a corporate update and review of key activities and achievements from 2024. Key Corporate Highlights from 2024 SAGA’s IPO: On September 23, 2024, the Company completed its IPO and commenced trading the following…

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Azincourt Energy Begins Data Compilation at the Snegamook Uranium Project

VANCOUVER, British Columbia, Nov. 13, 2024 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to announce that it has begun historic data compilation on it’s recently acquired Snegamook uranium project, located in the Province of Newfoundland and Labrador. The Project is strategically located to the southeast of Snegamook Lake within Labrador’s Central Mineral Belt and less than 1 km south of the Two Time Zone…

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TRU Precious Metals Concludes Normal Course Issuer Bid

TORONTO, ON / ACCESSWIRE / August 13, 2024 / TRU Precious Metals Corp. (TSXV:TRU) (OTCQB:TRUIF) (FSE:706) ("TRU" or the "Company") today announced that, effective immediately, it has terminated the normal course issuer bid ("NCIB") first announced on December 7, 2023. The purpose of the NCIB was to purchase and cancel up to 9,668,743 common shares of the Company ("Shares''), representing up to 10% of the Company's outstanding Public Float (as defined in TSX…

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First Atlantic Nickel Receives Drilling Permits Over Multiple Awaruite Nickel Zones Along 30km District Trend

VANCOUVER, BC, July 17, 2024 /CNW/ - First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to announce that it has received drilling permits, which complement our existing exploration permits, for its fully funded 2024 work and drilling program at the 100% owned Atlantic Nickel Project in central Newfoundland, Canada (the "Project" or the "Atlantic Nickel Project"). The Company has initiated the mobilization of heavy equipment to upgrade…

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Sorrento Resources Completes Acquisition of the Copper-Gold Lord Baron Project, Newfoundland

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2024) - Sorrento Resources Ltd. (CSE: SRS) (OTCQB: SRSLF) (the "Company" or "Sorrento") a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada, is pleased to announce that, further to its press release dated June 12, 2024, it has now completed the acquisition of a 100% undivided interest in the minerals licenses collectively representing the Lord Baron Project…

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Churchill Resources Provides Update on the Taylor Brook Nickel Project in Newfoundland & Labrador; Announces $2.5M Private Placement

TORONTO, July 10, 2024 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to provide an update on its Taylor Brook nickel project, and announce a non-brokered private placement consisting of the sale of up to 50,000,000 units (“Units”) of the Company for gross proceeds of up to $2,500,000 (the “Offering”), each as further described below. Taylor Brook Project Update: Spring Work Program The Company previously announced…

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First Atlantic Nickel Confirms 30 km Trend at Atlantic Nickel Project and Begins 2024 Exploration Program Following Closing of ~$2.1M Strategic Lead Financing

VANCOUVER, British Columbia, July 10, 2024 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company"), is pleased to report its initial sampling has confirmed the presence of a significant 30 km nickel trend at its 100% owned Atlantic Nickel Project in central Newfoundland, Canada (the “Atlantic Nickel Project” or the “Project”). Strategically located near the Atlantic Ocean, the Project offers ideal access to…

Continue ReadingFirst Atlantic Nickel Confirms 30 km Trend at Atlantic Nickel Project and Begins 2024 Exploration Program Following Closing of ~$2.1M Strategic Lead Financing

Canstar Resources Re-initiates District-Scale Precious & Critical Metals Exploration; Announces 11.8 g/t Gold Grab Sample Result; New Geological Model for the Buchans-Mary March VMS Project; and Expansion of Newfoundland Claims Holdings

Toronto, Ontario--(Newsfile Corp. - July 8, 2024) - CANSTAR RESOURCES INC. (TSXV: ROX) (OTC Pink: CSRNF) ("Canstar" or the "Company"). In January 2024 the Company announced a change of management concurrent with an oversubscribed private placement led by J. Paul Austin III. Following a detailed assessment of the Company's assets and strategic positioning, Canstar's new President & Chief Executive Officer, Juan Carlos Giron Jr., today announces a new geological model, priority exploration targets, and…

Continue ReadingCanstar Resources Re-initiates District-Scale Precious & Critical Metals Exploration; Announces 11.8 g/t Gold Grab Sample Result; New Geological Model for the Buchans-Mary March VMS Project; and Expansion of Newfoundland Claims Holdings

Zonte Metals Starts Follow-Up Drill Program on K6 Target on Cross Hills Copper Project

Halifax, NS, Canada – TheNewswire - July 8, 2024 (TSXV: ZON) - Zonte is pleased to announce that drilling at the K6 target on the Cross Hills Copper  project has commenced. Zonte completed a drill program on the K6 target in late 2023 with the results released on Feb 28, 2024. That drill program was the first on the project since 2020. Since then, the Company has conducted additional multi-faceted exploration to aid…

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