Base Metals

(TheNewswire)

Renforth Resources Inc.

Not for distribution to United States newswire services or for dissemination in the United States

October 13, 2022 TheNewswire - Renforth Resources Inc. (CSE:RFR) (OTC:RFHRF) (FSE:9RR) ("Renforth" or the "Company") is announcing a non-brokered private placement (the "Offering") for gross proceeds of up to C$1,000,000 from the sale of any combination of non-flow-through units of the Company (each, a "Unit") at a price of C$0.035 per Unit and flow-through units of the Company (each, a "FT Unit", and collectively with the Units, the "Offered Securities")  at a price of C$0.04 per FT Unit. Red Cloud Securities Inc. will be acting as a finder for the Offering on behalf of the Company.

Each Unit will consist of one common share of the Company (each, a "Common Share") and one common share purchase warrant (each whole warrant, a "Warrant"). Each FT Unit will consist of one Common Share to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a "FT Share") and one half of one Warrant. Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$0.06 for a period of 24 months following the distribution date.

The Company intends to use the net proceeds of the Offering to fund the Company's ongoing exploration program at Surimeau, expected to include drilling, as well as for working capital and general corporate purposes. Permits have been applied for and are expected to be approved imminently. Proceeds from the sale of FT Shares will be used to incur "Canadian exploration expenses" as defined in subsection 66.1(6) of the Income Tax Act and "flow through mining expenditures" as defined in subsection 127(9) of the Income Tax Act. Such proceeds will be renounced to the subscribers with an effective date not later than December 31, 2022, in the aggregate amount of not less than the total amount of gross proceeds raised from the issue of FT Shares.

The closing of the Offering will be subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the Canadian Securities Exchange. The Common Shares and FT Shares issuable from the Offering will have a hold period ending on the day that is four months and one day following its distribution date.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.

For further information please contact:

Renforth Resources Inc.

Nicole Brewster

President and Chief Executive Officer

C:416-818-1393

E: nicole@renforthresources.com

#Unit 1B – 955 Brock Road, Pickering ON L1W 2X9

Follow Renforth on Facebook, LinkedIn and Instagram

About Renforth

Renforth is focused on Quebec's newest battery metals district, our wholly owned ~330 km2 Surimeau District Property, which hosts several known areas of polymetallic "battery metals" mineralization, each with various levels of exploration, as well as a significant amount of unexplored ground. Victoria West has been drilled over a strike length of 2.2km, within a 5km long mineralized structure, proving nickel, copper, zinc and cobalt mineralization, in the western end of a 20km magnetic anomaly. The Huston target, during initial reconnaissance, resulted in a grab sample grading 1.9% Ni, 1.38% Cu, 1170 ppm Co and 4 g/t Ag. Additionally, the Lalonde, Surimeau and Colonie Targets are all polymetallic mineralized occurrences which, along with various gold showings, comprise the areas of potential of this NSR free property.

In addition to the Surimeau District battery metals property Renforth wholly owns the Parbec Gold deposit, a surface gold deposit contiguous to the Canadian Malartic Mine property in Malartic, Quebec. In 2020/21, Renforth completed 15,569m of drilling which successfully twinned certain historic holes, filled in gaps in the resource model with newly discovered gold mineralization and extended mineralization deeper. Based upon the success of this significant drill program the Company considers the spring 2020 MRE, with a resource estimate of 104,000 indicated ounces of gold at a grade of 1.78 g/t Au and 177,000 inferred ounces of gold at a grade of 1.78 g/t Au to be out of date. With the new data gained Renforth will undertake to complete the first ever structural study of the mineralization at Parbec, as well as additional total metallic assay work in order to better contextualize the nugget effect on the gold mineralization.

Renforth also holds the Nixon-Bartleman property, west of Timmins Ontario, with gold present on surface over a strike length of ~500m.

No securities regulatory authority has approved or disapproved of the contents of this news release.

Forward-looking Statements

This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may', ‘will', ‘plan', ‘expect', ‘believe', ‘anticipate', ‘estimate', ‘intend' and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.

Not for distribution to United States newswire services or for dissemination in the United States

Copyright (c) 2022 TheNewswire - All rights reserved.

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Renforth Resources

Renforth Resources


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Renforth Intersects Surface Battery Metals Mineralization in Lalonde Channeling

Renforth Intersects Surface Battery Metals Mineralization in Lalonde Channeling

(TheNewswire)

Renforth Resources Inc.

November 27 th 2022 TheNewswire Pickering, ON - Renforth Resources Inc. (CSE:RFR) (OTC:RFHRF) (FSE:9RR) ("Renforth" or the "Company") is pleased to advise shareholders that channels cut within the 3 stripped trenches at Lalonde, which are being undercut in the current drill program, did intersect surface battery metals mineralization as measured in the field and confirmed by the assay laboratory.

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Renforth Raises an Oversubscribed Total of $1,558,100

Renforth Raises an Oversubscribed Total of $1,558,100

(TheNewswire)

Renforth Resources Inc.

November 23, 2022 TheNewswire - Renforth Resources Inc. (CSE:RFR) (OTC:RFHRF) (FSE:9RR) ("Renforth" or the "Company") announces that the previously announced private placement has closed oversubscribed, with a total of $1,558,100 gross funds raised in a combination of flow through and non-flow through funds. The Company has closed the final tranches of the previously announced non-brokered private placement for additional gross proceeds of C$869,300 from the sale of 580,000 non-flow through units of the Company at a price of C$0.035 per unit and 21,225,000 flow-through units of the Company at a price of C$0.04 per flow-through unit. Each non-flow through unit consisted of one common share of the Company and one common share purchase warrant. Each flow through unit consisted of one common share to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) and one half of one warrant. Each whole warrant entitles the holder to purchase one common share at a price of C$0.06 for a period of 24 months following the distribution date. In connection to this tranche of the financing, the company paid a cash commission of $44,850 and issued 1,207,000 finders warrants. The finders warrants are exercisable at a price of C$0.06 for a period of 24 months.

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Renforth Resources Inc.: Invitation to Red Cloud's 2022 Fall Mining Showcase

Renforth Resources Inc.: Invitation to Red Cloud's 2022 Fall Mining Showcase

Renforth Resources Inc. (CSE: RFR) is pleased to announce that the company will be presenting at Red Cloud's 2022 Fall Mining Showcase. We invite our shareholders and all interested parties to join us there.

The annual conference will be hosted in-person, at the Sheraton Centre Toronto Hotel from November 9-10, 2022.

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Renforth Raises $688,800 in First Closing of Private Placement

Renforth Raises $688,800 in First Closing of Private Placement

(TheNewswire)

November 1, 2022 TheNewswire - Pickering, Ontario - Renforth Resources Inc. (CSE:RFR) (OTC:RFHRF) (FSE:9RR) ("Renforth" or the "Company") announces that f urther to the Company's press release on October 13, 2022, the Company has completed a first closing of the announced non-brokered private placement (the "Offering") for gross proceeds of C$688,800 from the sale of 200,000 non-flow-through units of the Company (each, a "Unit") at a price of C$0.035 per Unit and 17,045,000 flow-through units of the Company (each, a "FT Unit", and collectively with the Units, the "Offered Securities") at a price of C$0.04 per FT Unit.

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(TheNewswire)

Renforth Resources Inc.
  • New outcrop mineralization discovered east of road, near centre of ~20km Victoria structure, highest grab sample result 0.71% Ni in albitized ultramafic with sulfides

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Voltage Metals Corp Corporate Update

Voltage Metals Corp Corporate Update

Voltage Metals Corp. (CSE: VOLT) (OTC: VLTMF) (FSE: 8L10); (the "Company" or "Voltage"), is pleased to provide this corporate update to its shareholders.

Voltage Metals Corp. (CNW Group/Voltage Metals Corp.)

Voltage has made progress on several fronts during the second half of 2022, as detailed below:

  • Completed 2,457 metre diamond drill program at the Company's St Laurent Project in northeastern Ontario . All assays from this drill program have now been received from the lab and the Company will provide a news release on the St Laurent program in coming days.
  • Entered into a definitive option and joint venture agreement with Mink Ventures (TSX-V: MINK) whereby MINK may acquire an 80% interest in Voltage's 100% owned Montcalm nickel-copper-cobalt project, located 60km northwest of Timmins Ontario . The Montcalm Project covers 38.8 sq. km and is located adjacent to Glencore's past producing Montcalm Mine, which had historical production of approximately 3.9 million tonnes grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2011). See VOLT news release of August 11, 2022 for terms of the definitive agreement. Separate from the ground optioned to MINK, Voltage still controls over 60 square kilometres of prospective gabbro in the Montcalm camp area.
  • Completed 285 line-kilometre airborne VTEM at the Company's Jerry Lake project, located approximately 50km to the west of the Company's St Laurent Project. Voltage will report on the geophysical results of this survey when the requisite compilation and interpretation is concluded.
  • Listed successfully to the U.S. OTCQB market, (OTC: VLTMF), with DTC eligibility. Also listed on Germany's Frankfurt Exchange (FSE: 8L10)

In addition to the above, Voltage continues to review new projects and strategic opportunities which will enhance shareholder value, and looks forward to frequently updating the market throughout the remainder of 2022 and into 2023.

Property Acquisition:

The Company has acquired forty (40) mining claims known as the Strachan Property located in Strachan Township, Cochrane District in the Province of Ontario . These claims augment the Montcalm Gabbro complex projects already held within Voltage. Strachan is considered highly prospective and has seen no recent airborne geophysics or state of the art VTEM, which Voltage intends to deploy as a next step. Gabbro complexes like Montcalm and Strachan represent attractive nickel-copper targets, in light of the nickel rush underway in and around Timmins since mid 2020.

Pursuant to the terms of the purchase agreement with the vendor, the Company has: (i) issued 900,000 common shares to the vendor, and (ii) granted to the vendor a 1.5% net smelter royalty (NSR), which the Company shall have the right at any time, at its sole option, to acquire 1% of the NSR from the vendor for the sum of $1,000,000 .

Voltage is a mineral exploration company with a highly experienced team focused on nickel and other battery metals exploration in the Canadian provinces of Ontario and Newfoundland . The Company looks to create shareholder value by aggregating and exploring projects that possess sound geology and brand-new discovery potential. Voltage has a deep roster among management and key stakeholders that are well-versed in the essential resource trifecta of exploration, operations and finance.

Forward Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. The forward-looking statements and information are based on certain key expectations and assumptions made by management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Voltage Metals Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2022/28/c6209.html

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(TheNewswire)

Noble Mineral Exploration Inc.

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Avrupa Minerals Live

(TheNewswire)

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The Court has reserved up to 40 sessions including days in March, April, May, June and July 2025. The oral trial has been scheduled at 10:00 AM (local Seville time) on the following days:

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