Financings of Exploration Companies in Newfoundland and Labrador

Maritime Resources Provides Hammerdown and Point Rousse Project Update

Toronto, Ontario--(Newsfile Corp. - June 6, 2024) - Maritime Resources Corp. (TSXV: MAE) (OTC Pink: MRTMF) ("Maritime" or the "Company") is pleased to provide an update for the Hammerdown Gold Project ("Hammerdown" or the "Project") and activities at the Pine Cove mineral processing facility. The Project is located near the towns of King's Point and Springdale in the Baie Verte mining district of Newfoundland and Labrador. Highlights Engineering underway to optimize the…

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Loyalist Exploration Announces Letter of Intent to Amalgamate to Acquire Newfoundland Properties and Proposed Private Placement

Toronto, Ontario - TheNewswire – June 5, 2024 - Loyalist Exploration Limited (CSE: PNGC) ("Loyalist" or the "Company") announces that on June 4, 2024, it signed a Letter of Intent (the “LOI”) to amalgamate (the “Amalgamation”) with Millbrook Minerals Inc. (“Millbrook”), a private company incorporated under the Canada Business Corporations Act, and its intention to complete an initial private placement of up to $350,000 (the “Offering”). Millbrook is the 100% owner of three mining…

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Zonte Metals Arranges Non-Brokered Private Placement

May 1, 2024 – TheNewswire - Zonte Metals Inc (TSXV:ZON) (“Zonte” or the “Company”) is pleased to announce a non-brokered private placement for proceeds of up to $350,000 consisting of up to 1,000,000 common share units at a price of $0.08 and 3,000,000 flow through units at a price of $0.09 (the “Offering”), subject to TSX Venture Exchange (the “Exchange”) approval. Each Unit will consist of one common share and one…

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Labrador Gold Announces Sale of Kingsway Project

TORONTO, April 22, 2024 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“ LabGold ” or the “ Company ”) is pleased to announce that it has entered into a property purchase agreement (the “ Definitive Agreement ”) with New Found Gold Corp. (“ NFG ”), whereby NFG will acquire a 100% interest in the Kingsway Project, including all property and mining rights associated with the property, (the “ Transaction ”) in exchange for $20,000,000 CAD…

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BENTON DRILLING EXPANDS GREAT BURNT COPPER DEPOSIT, ARRANGES $3 MILLION PRIVATE PLACEMENT

Thunder Bay, ON, April 3, 2024 – Benton Resources Inc. (“Benton” or the “Company”) (TSXV: BEX) is pleased to announce that it has received further high-grade copper results which expand the Great Burnt Copper Deposit a further 50 m down plunge. In addition to the expansion of the deposit, the Company’s ongoing down-hole geophysical program has identified that the massive sulphides associated with the deposit are highly conductive, and additional priority targets have…

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CALIBRE ENTERS PRE-COMMISSIONING AND COMMISSIONING CONTRACT WITH RELIABLE CONTROLS CORPORATION AND EXECUTES A GOLD PREPAYMENT

VANCOUVER, British Columbia, March 28, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to announce the Company has entered into a key pre-commissioning and commissioning contract with Reliable Controls Corporation of Salt Lake City (“RCC”) for the Company’s Valentine Gold Mine (“VGM”) in Newfoundland and Labrador. The Company has also executed a US$60 million short term, gold prepayment agreement with Asahi…

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CALIBRE MINING ANNOUNCES C$100 MILLION BOUGHT DEAL FINANCING

VANCOUVER, British Columbia, March 19, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB, OTCQX: CXBMF) (the “Company” or “Calibre”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on bought deal basis 59,600,000 common shares (the “Common Shares”) of the Company, at a price of $1.68 per Common Share for gross…

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Sokoman Minerals Corp. Confirms Closing of Flow-through and Hard-Dollar Private Placements

St. John’s, NL, January 29, 2024 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) announces that it received final regulatory approval and has closed both its flow-through and non-flow-through private placement financings (together the "Financings") issuing 53,892,847 flow-through units and 3,200,000 non-flow-through units at CAD$0.065 each for aggregate gross proceeds of CAD$3,711,035. Details of the Financings set out in the Company's December 19, 2023 news release…

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Canterra Minerals Completes Acquisition of Past Producing Buchans Mine, and Other Critical and Precious Metals Projects in Newfoundland and Completes $1.5 Million Financing

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2023) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce, further to its news release issued on November 22, 2023, that it has completed the previously announced acquisition of five critical and precious metals projects in central Newfoundland (the "Properties"), adding 316 km2 to Canterra's property position. The acquisition was completed with Buchans Resources Limited ("BRL"), an arms-length non-listed Reporting…

Continue ReadingCanterra Minerals Completes Acquisition of Past Producing Buchans Mine, and Other Critical and Precious Metals Projects in Newfoundland and Completes $1.5 Million Financing

Churchill Resources Commences 5,000m Drilling at Taylor Brook; Completes $2,600,000 Private Placement

TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that drilling has commenced on the planned 5,000m program at its Taylor Brook Ni-Co-Cu project in western Newfoundland, Canada. The Company has also completed the second and final tranche of its previously announced, upsized non-brokered private placement of units of the Company (the “Units”) raising gross proceeds of $2,600,000 (the “Private Placement”). Drilling…

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Great Atlantic Resources Establishes wholly Owned Subsidiary Golden Promise Mines

VANCOUVER, BC / ACCESSWIRE / September 6, 2023 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the "Company" or "Great Atlantic") is pleased to announce that it has established a wholly-owned subsidiary named Golden Promise Mines Inc. into which it will be transferring all of Great Atlantic's central Newfoundland gold properties including the Golden Promise Property, the Southwest Golden Promise Property, the West Golden Promise Property, the South Golden Promise Property, the East Golden…

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Maritime Resources Announces Closing of Acquisition of Point Rousse Mining from Signal Gold, US$5.0M Brokered Private Placement of Notes and Warrants and C$1.735M Non-Brokered Private Placement of Units

Toronto, Ontario--(Newsfile Corp. - August 21, 2023) -  Maritime Resources Corp. (TSXV: MAE) ("Maritime"or the"Company")is pleasedtoannounce the closing of its previously announced acquisition (the "Acquisition") of all of the outstanding shares of Point Rousse Mining Inc. ("Point Rousse") from Signal Gold Inc. ("Signal" or the "Vendor") and the closing of its two previously announced financings, including a US$5.0M principal amount brokered note and common share purchase warrant offering (the "Note Offering")and C$1.735M of…

Continue ReadingMaritime Resources Announces Closing of Acquisition of Point Rousse Mining from Signal Gold, US$5.0M Brokered Private Placement of Notes and Warrants and C$1.735M Non-Brokered Private Placement of Units

Gold Hunter Resources Closes Acquisition of Baie Verte Peninsula Properties, Joins the Mining Association of Newfoundland and Labrador

Vancouver, British Columbia–(Newsfile Corp. – July 24, 2023) – Gold Hunter Resources Inc. (CSE: HUNT) (“Gold Hunter“, “HUNT” or the “Company“) announces the closing acquisition of five mineral license packages adjacent to its Rambler Project (“the Rambler Project”), further to its news release issued July 13th, 2023, extending its land position by 239% to a total of 17,227.97 hectares. This strategic acquisition strengthens Gold Hunter‘s foothold in Newfoundland’s main mining district. Figure 1: Location map displaying…

Continue ReadingGold Hunter Resources Closes Acquisition of Baie Verte Peninsula Properties, Joins the Mining Association of Newfoundland and Labrador

Gold Hunter Resources Expands Its Baie Verte Peninsula Foothold; Launches $750,000 Financing

Vancouver, British Columbia–(Newsfile Corp. – July 13, 2023) – Gold Hunter Resources Inc. (CSE: HUNT) (“Gold Hunter“, “HUNT” or the “Company“) announces a significant expansion of its mineral claim holdings in the Baie Verte Peninsula, Newfoundland with the arm’s length acquisition of a 100%-interest in five separate properties (the “Acquired Properties“). The Acquired Properties are all adjacent to HUNT’s Rambler Project, which initially spanned 5,085.4 hectares. With the acquisition of the New Properties,…

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Maritime Resources Announces Purchase Agreement to Acquire Point Rousse Project from Signal Gold and Related Offering of up to US$5 Million of Convertible Senior Secured Notes

Toronto, Ontario--(Newsfile Corp. - June 19, 2023) -  Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleasedtoannounce that it has entered into a share purchase agreement with Signal Gold Inc. ("Signal" or the "Vendor") dated June 16, 2023 pursuant to which the Vendor will sell, assign and transfer to the Company and the Company will purchase all of the shares of Point Rousse Mining Inc. (the "Transaction"), which owns all…

Continue ReadingMaritime Resources Announces Purchase Agreement to Acquire Point Rousse Project from Signal Gold and Related Offering of up to US$5 Million of Convertible Senior Secured Notes

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