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Tag: Resource Investing

Northern Vertex Raises $5M from Warrant Program

Northern Vertex Raises $5M from Warrant Program

Northern Vertex Mining Corp (TSXV:NEE) has completed the warrant exercise incentive program announced Feb. 17, 2017. A total of 10,713,608 outstanding unlisted warrants were exercised under the Program raising gross proceeds of $5,000,054.

Invictus MD Strategies Appoints George E. Kveton to Board of Directors.

Invictus MD Strategies Appoints George E. Kveton to Board of Directors.

Invictus MD (CNX:IMH) – Mr. Kveton is a highly effective, strategic and pragmatic international executive and investment professional, with broad experience operating in both Fortune 500 and start-up environments. He has a proven record in generating top-line growth by executing cross-border merger and acquisition deals and transformations to a high

Energy Fuels Receives Final OK to Expand Nichols Ranch

Energy Fuels Receives Final OK to Expand Nichols Ranch

Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) has received the final amendment to the source material licence for the expansion of its Nichols Ranch ISR project from the U.S. Nuclear Regulatory Commission (NRC). With this licence amendment in hand, the company now holds all of the permits, licences and approvals required to expand

Nemaska to Receive $10M (U.S.) Payment from FMC

Nemaska to Receive $10M (U.S.) Payment from FMC

FMC Corp. will pay a lump sum of $10-million (U.S.) to Nemaska Lithium Inc. (TSX:NMX,OTCQX:NMKEF) by April 7, 2017, in accordance with the supply agreement announced on Oct. 31, 2016, and has agreed to amend the supply agreement to extend the timeline for the supply of product thereunder.

Centenera Mining Samples 2.3 g/t Gold at El Penon

Centenera Mining Samples 2.3 g/t Gold at El Penon

Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) has received positive assay results from initial surface sampling at the company’s El Penon gold project, defining anomalous geochemistry over approximately 10-kilometre strike length and defining four targets for follow-up exploration. The El Penon Project is located within the Argentinian Precordillera in San Juan Province

Manganese X Plans Houlton Woodstock Drilling in Spring

Manganese X Plans Houlton Woodstock Drilling in Spring

Manganese X Energy Corp. (TSXV:MN has provided a follow-up to its recent successful December, 2016, 16-hole 3,500-metre drill program. We have now engaged the services of Mr. Pierre Jean Lafleur Eng. (Geology) of Geo-Conseil Inc., an esteemed geological Company specializing in NI-43-101 Technical Reports. Mr. Laflleur has presented at international

Lithium Australia NL Update on BlackEarth Minerals NL IPO Activities

Lithium Australia NL Update on BlackEarth Minerals NL IPO Activities

Lithium Australia NL (ASX:LIT) Update on BlackEarth Minerals NL IPO Activities Highlights:
– Lithium Australia NL’s (ASX: LIT) subsidiary, BlackEarth Minerals NL has acquired the exploration rights to Capricorn Metals Ltd (ASX: CMM) Madagascan graphite assets
– The tenements cover approximately 175km2 encompassing 2 project areas (Maniry & Ianapera) which are at

Canamex Resources to acquire Rest of Bruner Mine

Canamex Resources to acquire Rest of Bruner Mine

Canamex Resources Corp. (TSXV:CSQ; OTCQX:CNMXF; FSE:CX6). and Patriot Gold Corp. have signed a letter of intent whereby Canamex Resources will purchase Patriot Gold’s remaining 30-per-cent working interest in the Bruner gold/silver mine for $1.0-million (U.S.) plus the retention by Patriot of a 2-per-cent net smelter return royalty.

Lomiko and MegaHertz Sign Spider Distribution Deal

Lomiko and MegaHertz Sign Spider Distribution Deal

Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B) has signed an agreement with engineering partners MegaHertz Power Systems Ltd. and SHD Smart Home Devices Ltd. to accelerate the launch of the USB Spider Charger. SHD is a company jointly launched by Lomiko and MegaHertz February 16, 2016, focused on Internet of Things (IoT)

American CuMo Mining Announces US$1 Million Instalment Payment

American CuMo Mining Announces US$1 Million Instalment Payment

American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF), along with its subsidiaries Idaho CuMo Mining Corporation and Poly Resources LLC (“Poly”), is pleased to announce that a payment of US$1 million, representing the first instalment payment of the first private placement of US$10 million, as per the binding Memorandum of Understanding entered with

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