North Shore Uranium Engages Red Cloud Securities as Market Maker and Investing News Network

North Shore Uranium Engages Red Cloud Securities as Market Maker and Investing News Network

North Shore Uranium Ltd. (formerly Clover Leaf Capital Corp.) (TSX-V:NSU) (the "Company") is pleased to announce that it has retained Red Cloud Securities ("Red Cloud") to provide market-making services (the "Red Cloud Agreement") and to aid in maintaining an orderly trading market for the common shares of the Company. The Company has also entered into an advertising and investor awareness campaign agreement (the "INN Agreement") with Dig Media Inc. dba Investing News Network ("INN

Brooke Clements, President and CEO of the Company stated. "We are proud to be working with Red Cloud and INN. As a brand new company, it's important that we monitor the market and communicate effectively with our shareholders and the public."

Red Cloud is a 100%, principal-owned Canadian based IIROC investment dealer focused in the junior resource sector. Its primary businesses include investment banking, equity research, and market stabilization and liquidity services. Red Cloud was founded by capital markets professionals with extensive experience in the junior mining industry. Its stated goal is to become the leading global investment boutique in junior resources. The market-making service will be undertaken by Red Cloud, a registered broker in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, the Company has agreed to pay Red Cloud $6,000 per month effective November 1, 2023. The Company and Red Cloud act at arm's length, and Red Cloud has no present interest, directly or indirectly, in the Company or its securities. There are no performance factors contained in the agreement between Red Cloud and the Company and Red Cloud will not receive any shares or options from the Company as compensation for services it will render.

INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007. For the 12-month term of the INN Agreement starting November 1, 2023, INN will introduce the Company to INN's audience of educated, active investors. Using a variety of methods, including an enhanced advertiser profile, news marketing, website and newsletter advertising, and dedicated emails, INN will encourage its audience to engage directly with the Company to consider investing in the Company. INN does not provide Investor Relations or Market Making services. The cost of the campaign is $100,000. INN can be reached at 604-688-8231 or info@investingnews.com. INN currently holds 333,333 common shares in the Company. INN and the Company are unrelated and unaffiliated entities.

The INN and Red Cloud Agreements are subject to the approval of the TSX Venture Exchange.

About North Shore Uranium

The near-term business objectives of North Shore Uranium are to become a major force in the exploration for economic uranium deposits at the eastern margin of Saskatchewan's Athabasca Basin, a good jurisdiction for discovering new mineable high-grade uranium deposits. The Company will work to achieve those objectives by conducting exploration programs on its two properties, the Falcon Property and the West Bear Property, and evaluating opportunities to increase its portfolio of properties in the region.

ON BEHALF OF THE BOARD

Brooke Clements
President, Chief Executive Officer and Director

For further information:

North Shore Uranium Ltd., please contact Ben Meyer, Corporate Secretary
Telephone: 604.536.2711
Email: ben@gocs.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release may contain forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect","project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding the Company's current plans and business objectives. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such forward‑looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Forward-looking statements are based on a number of assumptions which may prove to be incorrect, including, but not limited to: assumptions regarding future uranium prices, debt and equity financing market conditions, receipt of regulatory approvals, and other factors. The cautionary statements qualify all forward-looking statements attributable to the Company and persons acting on its behalf. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward- looking statement, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Accordingly, undue reliance should not be put on such statements due to the inherent uncertainty therein.

SOURCE: North Shore Uranium Ltd.



View source version on accesswire.com:
https://www.accesswire.com/799394/north-shore-uranium-engages-red-cloud-securities-as-market-maker-and-investing-news-network

News Provided by ACCESSWIRE via QuoteMedia

NSU:CC
The Conversation (0)
North Shore Uranium Completes Maiden Drill Program at Falcon; Elevated Radioactivity, Fault Zones and Alteration Identified

North Shore Uranium Completes Maiden Drill Program at Falcon; Elevated Radioactivity, Fault Zones and Alteration Identified

North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") is pleased to announce that it has completed a maiden drill program at its 55,699 hectare Falcon Property ("Falcon" or the "Property") located at the eastern margin of the Athabasca Basin in northern Saskatchewan. During the program, three targets were drilled along a strong, dominantly northeast-trending electromagnetic ("EM") conductor system, P03, P08 and P12 (Table 1 and Figures 1 and 2). At P03 and P08 the targeted sub-vertical EM conductors were intersected. At P12, the hole had to be terminated prior to reaching the interpreted conductor depth. Highlights from the program include

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
North Shore Uranium Commences Falcon Property Drill Program

North Shore Uranium Commences Falcon Property Drill Program

North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") is pleased to announce that it has mobilized and commenced its drill program at its 55,699 hectare Falcon Property ("Falcon" or the "Property") located at the eastern margin of the Athabasca Basin in northern Saskatchewan. The Company is planning to drill three targets associated with electromagnetic ("EM") conductors. Information pertaining to the drill program and a summary of the Property were provided by the Company on February 28, 2024 and December 19, 2023

The drill program is being managed by TerraLogic Exploration Inc. The final three targets selected for drilling, which lie along a strong, dominantly northeast-trending EM conductor system, are shown in Figure 1. For each target, a subsurface geophysical model of the EM conductor has been prepared and a hole, which is drilled at an angle, has been designed to intersect the conductor. The program is expected to last approximately ten days with final sample results expected approximately four weeks after the end of the program.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
North Shore Uranium Ltd.: Invitation to Red Cloud's Pre-PDAC 2024 Mining Showcase

North Shore Uranium Ltd.: Invitation to Red Cloud's Pre-PDAC 2024 Mining Showcase

North Shore Uranium Ltd. (TSXV: NSU) is pleased to announce that the company will be presenting at Red Cloud's Pre-PDAC 2024 Mining Showcase. We invite our shareholders and all interested parties to join us.

The annual conference will take place in-person at the Sheraton Centre Toronto Hotel February 29-March 1, 2024.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
North Shore Uranium Provides Falcon Property Drill Program Update

North Shore Uranium Provides Falcon Property Drill Program Update

North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") is pleased to provide an update on the upcoming drill program at its 55,699 hectare Falcon Property ("Falcon" or the "Property") located at the eastern margin of the Athabasca Basin in northern Saskatchewan. The Company has further refined its targeting criteria and the drill program is set to commence in mid-March

As reported by the Company on December 19, 2023, Falcon is a highly prospective uranium exploration property with a limited exploration history in a part of the Athabasca Basin region that is seeing increased exploration activity and recent discoveries.Reinterpretation of electromagnetic ("EM") data complemented by geophysical data acquired in 2022 has allowed the Company to identify high priority uranium targets in areas where there has been no previous drilling.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
North Shore Uranium Adopts Advance Notice Policy

North Shore Uranium Adopts Advance Notice Policy

North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") announces that its board of directors (the "Board") has adopted an advance notice policy (the "Policy") which includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (British Columbia) (the "Act"); or (ii) a shareholder proposal made pursuant to the provisions of the Act

Additionally, the Policy sets a deadline by which holders of record of common shares of North Shore must submit director nominations to the Company prior to any annual or special meeting of shareholders, sets forth the information that a shareholder must include in the notice to the Company, and establishes the form in which the shareholder must submit the notice for that notice to be in proper written form.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Forum Announces Results of Annual General Meeting

Forum Announces Results of Annual General Meeting

Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") reports that all proposed resolutions at its Annual General Meeting of Shareholders held on December 11, 2024 were duly passed by 25.25% of votes cast by the Company's Shareholders. Richard Mazur, Anthony Balme, Michael Steeves, Larry Okada, Paul Dennison, Janet Meiklejohn and Brian Christie were re-elected as Directors. Davidson & Company, Chartered Professional Accountants, were re-appointed as the Company's auditor and the Company's Amended Omnibus Plan was approved. Following the AGM the Board reconstituted all Committees and the following Officers were re-appointed:

Richard Mazur      President and CEO
Dan O'BrienChief Financial Officer
Rebecca Hunter Vice President, Exploration
Allison Rippin-Armstrong Vice President, Nunavut Affairs
Jacqueline CollinsCorporate Secretary


News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Manyoni Uranium Project - Validation Drilling Completed

Manyoni Uranium Project - Validation Drilling Completed

Moab Minerals (MOM:AU) has announced Manyoni Uranium Project - Validation Drilling Completed

Download the PDF here.

Mustang Energy Corp. Completes First Milestone of Option Agreement with Skyharbour Resources Ltd.

Mustang Energy Corp. Completes First Milestone of Option Agreement with Skyharbour Resources Ltd.

Mustang Energy Corp. (CSE:MEC, OTC:MECPF, FRA:92T) (" Mustang " or the " Company ") is excited to announce that it has completed the first milestone (the " First Milestone ") of the previously announced option agreement (the " Agreement ") with Skyharbour Resources Ltd. (TSX-V: SYH) (" Skyharbour ") dated November 12, 2024. Pursuant to the Agreement, Skyharbour agreed to grant the Company an option to acquire an undivided 75% interest (the " Option ") in Skyharbour's 914W Uranium Project (the " 914W Project "), located in the Athabasca Basin of Northern Saskatchewan. For more information regarding the Agreement, please refer to the Company's news release dated November 13, 2024.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Skyharbour Announces Upsized Private Placement for Gross Proceeds of up to C$9.5 Million

Skyharbour Announces Upsized Private Placement for Gross Proceeds of up to C$9.5 Million

Not For Distribution to U.S. News Wire Services or Dissemination in The United States

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ("Skyharbour" or the "Company") is pleased to announce that, in connection with its previously announced private placement, it has entered into an amended agreement with Haywood Securities Inc. and Red Cloud Securities Inc. as co-lead agents and co-bookrunners (collectively, the "Agents") to increase the aggregate size of the financing for gross proceeds to the Company of up to C$9,500,000.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
CSE Bulletin: Consolidation - Terra Clean Energy Corp.

CSE Bulletin: Consolidation - Terra Clean Energy Corp.

Terra Clean Energy Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every four (4) pre-consolidated common shares.

As a result, the outstanding shares of the company have been reduced to approximately 9,922,436 common shares.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Canadian Investment Regulatory Organization Trade Resumption - SYH

Canadian Investment Regulatory Organization Trade Resumption - SYH

Trading resumes in:

Company: Skyharbour Resources Ltd.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×