Financings of Exploration Companies in Newfoundland and Labrador

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…

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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…

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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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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…

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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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