Author: Alexander Lee

Vancouver, British Columbia– Nova Pacific Metals Corp. is pleased to announce a non-brokered private placement (the “Private Placement”) for gross proceeds of up to $2,000,000. The Private Placement will consist of up to 8,000,000 units priced at $0.25 per unit, with each unit including one common share of the company and one warrant. The warrant will allow the holder to purchase an additional share at an exercise price of $0.40 for a period of two years. The company’s CEO, Mr. J. Malcolm Bell, stated that the financing from the Private Placement will contribute substantially to the development and production potential…

On August 26, 2024, in Vancouver, British Columbia, Sixty North Gold Mining Ltd. announced that they had intersected the East Limb of the A-Zone, revealing a 1.0 m wide quartz vein and silicified zone with visible gold and associated sulphides. The discovery was made in the 970 Crosscut East (970 XCE) area, 50 m from the Main Ramp, at an elevation of 212 AMSL. The company’s President & CEO, Dr. Dave Webb, expressed satisfaction with reaching the targeted areas on the A-Zone and discovering a new gold-bearing quartz vein in the Main Ramp, which is now referred to as the…

There was a recent increase in cannabis stocks last week following recommendations from the United States’ Health and Human Services department proposing changes to federal marijuana laws. However, these are only recommendations and it is unlikely that any significant changes will occur in the near future. The HHS suggested that the DEA should consider downgrading marijuana from a Schedule I to a Schedule III drug classification. This recommendation comes at a challenging time as the U.S. is approaching another election year, making major policy changes improbable until after the election. Investors may need to wait until at least 2025 before…

On August 26, 2024, a significant development took place for cannabis retailers in Canada and the United States. Sticky Cards Corp. has announced the integration of its cannabis loyalty program with Greenline, a company under BLAZE®. This collaboration enables Greenline customers to enhance loyalty sign-ups for cannabis retailers within the Apple Wallet and Google Wallet, utilizing push notifications without the need for additional apps. Greenline is a prominent point-of-sale software provider for cannabis retail in Canada, offering a comprehensive solution for both in-store and online experiences. Through various features like integrated e-commerce platforms, payment processing functionality, and industry-leading partnerships, Greenline…

In the second quarter of 2024, Orogen Royalties (TSXV:OGN) reported positive net income, marking two-and-a-half consecutive years of profitability. The company anticipates seven partner-funded drill programs for the year ahead, offering shareholders potential growth opportunities as management seeks strategic investment options for available funds. Specializing in precious and base metal discoveries, Orogen is actively engaged in royalty creation and acquisition. The company has demonstrated impressive performance, with its stock surging by 126.23% year-over-year and more than 300% since its inception in 2021. Orogen’s financial success in Q2 2024 is attributed to a 288% increase in net income from the previous…

Volt Lithium (TSXV:VLT) has recently installed its first field unit in the Permian Basin located in Texas, indicating a significant step towards production. The field unit has the capacity to process over 200,000 liters (1,250 barrels) of oilfield brine per day, which is a notable increase from Volt’s previous processing capabilities of 96,000 liters (600 barrels) a day. This development signifies a crucial turning point for Volt, positioning the company to initiate direct lithium extraction operations in the field by the third quarter of 2024. The company also announced the opening of trading at $0.46 per share. Volt Lithium Corp.…

In recent weeks, the Canadian equity markets have demonstrated a substantial recovery following a challenging start to the month, driven by a decrease in recession concerns. The S&P/TSX Composite Index has shown a notable increase of 9.9% year-to-date, reflecting renewed investor confidence. Amongst the various stocks in the market, three particular stocks, distinguished by their robust dividend payouts, have exhibited superior performance compared to the broader equity markets. These stocks present attractive investment opportunities due to their strong underlying businesses, consistent dividend growth, and promising growth prospects. Fortis, a company that operates 10 regulated utility assets in the United States,…

On August 26, 2024, Advanced Gold Exploration Inc. (CSE: AUEX) announced the successful completion of its non-brokered private placement, as stated in the press release dated June 25, 2024. The company issued 8,200,000 flow-through units (FT Units) at a price of $0.025 per unit and 3,260,000 non-flow-through units (NFT Units) at the same price, resulting in total gross proceeds of $286,500. The funds raised through this offering will be utilized for exploration activities on the Company’s Buck Lake property, which is a copper-zinc project. The FT Units consist of Common Shares issued on a flow-through basis (FT Share) and warrants…

August 26, 2024 7:30 AM EDT | Source: ALX Resources Corp. Vancouver, British Columbia–(Newsfile Corp. – August 26, 2024) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) (“ALX” or the “Company”) is pleased to announce the successful completion of reconnaissance prospecting and sampling programs on its 100%-owned Cannon Copper Project located in Kamichisitit Township in Ontario, Canada. The Project is situated approximately 35 kilometres northwest of Elliot Lake. The recent Programs involved collecting mineralized rock samples around known historical copper showings that were discovered and drilled in the 1960s. A total of 22 rock samples were collected,…

Gold prices are soaring, with the precious metal testing all-time highs and showing no signs of slowing down. This bullish momentum has garnered significant attention from investors seeking a safe-haven asset amid global economic uncertainties, inflationary pressures, and currency volatility. The rise in gold prices isn’t just a win for investors; it’s also a promising signal for Canada’s junior mining sector, which stands to benefit immensely from sustained high gold prices. In this article, we’ll explore why gold is on a bullish run, the factors driving this surge, and how Canadian junior mining companies are poised to capitalize on this…