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The Canadian Securities Exchange ("CSE" or "the Exchange") today announced market statistics for January 2025.
January 2025 Operating Statistics
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Tempest Minerals
Investor Insights
The continued positive outlook for gold, copper is creating a strong macro economic environment for Tempest Minerals supported by its highly prolific assets with potential for world-class deposits.
Overview
Tempest Minerals (ASX:TEM) is an exploration and development company based in Australia, with a diversified portfolio of mineral assets prospective for iron, gold, copper/base metals, rare earths (REE), lithium. The company has five projects located in prolific territories in Western Australia: Yalgoo (gold, copper, zinc, silver, iron ore, tungsten, rare earths and more), Mt Magnet (gold, REE), Five Wheels (gold, base metals) and Elephant (gold). Its flagship Yalgoo property is a large land package comprising several targets, located in the prolific Yalgoo Region of Western Australia. Tempest has defined a number of exceptional exploration targets and is currently progressing the newly discovered Remorse magnetite iron ore deposit.
Tempest Minerals is headquartered in Perth, Australia.
Tempest Minerals is led by an experienced board and management team with a history of exploration, operational and corporate success – key to executing the company’s mission to maximise shareholder value through focused, data and technology-driven asset exploration and development.
Company Highlights
- Tempest Minerals’ exploration and development projects are primarily located in Western Australia and highlight a multi-commodity strategy in regions with a strong mining history.
- The company’s strategy is to progress a project pipeline of high-growth assets utilising data driven and hands-on exploration and modern development methods.
- In 2024 TEM completed a 5,000-metre drilling campaign focused on the Remorse target at the company’s Yalgoo project leading to a significant new high-grade magnetite deposit discovery and exploration target.
- Work in 2025 will focus on developing the new discovery while conducting further exploration portfolio-wide to define additional targets.
Key Projects
Yalgoo Property
Tempest’s largely unexplored and 100-percent-owned Yalgoo property covers more than 1,000 square kilometres and is highly prospective for gold, base metals and iron with world-class potential. It is located four hours from Perth, close to major infrastructure and adjacent to world-class mines, including Golden Grove, Deflector, Mt Gibson, Minjar, Rothsay and Mt Mulgine.
The Remorse Target is a 5 km long exploration target where TEM completed an initial 4,005 meters of drilling in 2024 and identified a significant magnetite iron-ore deposit. The target also remains highly prospective for base metals.
Tempest also has a number of compelling exploration targets across the 1,000 sq km project including the Sanity target which is highly prospective for gold, with rock chip samples returning 7 grams per ton (g/t) gold, 0.2 percent copper, and more than 60 percent iron.
Mt Magnet
The 100-percent owned Mt Magnet project spans more than 20 square kilometres located within a world-class mining district and is 5 kilometres from a processing facility. A prolific mining destination with at least 6 million ounces of gold produced to date, the project is surrounded by multiple large-scale gold mines currently in operations, including Ramelius’ (ASX:RMS) Mt Magnet operations and Spartan’s (ASX:SPR) Dalgaranga. The project contains multiple drill targets, of which Wrangler will be a key focus of near-term work.
Elephant
The Elephant project is a 194 square kilometre property in the prolific Fraser Range region with large geological structures and multi-million-ounce targets. The project area itself has strong magnetic anomalies and an 8-kilometre gold in soil geochemical anomaly which could represent a large subsurface gold system.
Five Wheels
The 100-percent owned, 266-square-kilometre Five Wheels project is geologically similar to Rumble Resources’ zinc-lead-copper discoveries and sits within the boundaries of the Earaheedy Basin in Western Australia, a mineralised sedimentary basin. A major geophysics program is planned for the project, co-funded by the government.
Management Team
Brian Moller – Non-executive Chairman
Brian Moller specialises in capital markets, mergers and acquisitions, and corporate restructuring and has acted in numerous transactions and capital raisings in both the industrial and resources and energy sectors. He was a partner at the legal firm HopgoodGanim for 30 years and led the corporate advisory and governance practice. Moller acts for many publicly listed companies in Australia and regularly advises boards of directors on corporate governance and related issues. He is currently chair or a non-executive director of a number of ASX-listed companies and was critical in the progression of the high-profile LSE-listed SolGold PLC into becoming one of the largest copper-gold developments in the world.
Don Smith – Managing Director
Don Smith is a geologist and entrepreneur with over 20 years in the mining industry. He has worked in operational, development, exploration and consulting roles for junior through multinational firms intensively internationally on numerous commodities, including base and precious metals and energy minerals.
Smith’s corporate experience includes project acquisition, financing and development, and company management. He has been the founding director of a number of private and public resource companies, including the successful listings on the ASX of Platypus Resources and Alderan Resources. Smith has a Bachelor of Science from Newcastle University and a Master of Business Administration from the Australian Institute of Business. Smith now sits on the board of International Prospect Ventures (TSXV:IZZ) and is also working with a number of startups.
Andrew Haythorpe – Non-executive Director
Andrew Haythorpe has 30 years’ experience in geology and funds management and has been the director and chairman of a number of TSX and ASX listed companies. Since 1999, Haythorpe has been involved in over AU$300 million of mergers and acquisitions and capital raisings in mining and technology companies listed on the TSX and ASX.
He is currently the managing director at Allup Silica, Goldoz and Stunalara Metals, where he is also a founder. He has previously been a fund manager and analyst at Bankers Trust, an analyst at Suncorp (now a Top 20 ASX-listed company with some AU$96 billion in assets), and a director at Hartley Poynton. More recently, he was the managing director of Crescent Gold, leading that company from a junior explorer to a mid-tier producer within four years; and the managing director of Michelago Resources, which became one of the top-performing ASX-listed companies on its transition to gold production in China.
Owen Burchell – Non-executive Director
Owen Burchell is a mining engineer with 20 years of technical, operational and corporate experience, including management positions at Rio Tinto, BHP and Barrick Gold, as well as numerous mining start-ups, closures and operational turnaround projects.
Burchell holds several post-graduate business qualifications from the West Australian School of Mines and is the holder of a First Class Mine Managers Certificate of Competency. He is also a member of the Australasian Institute of Mining and Metallurgy and a graduate of the Australian Institute of Company Directors.
Burchell currently consults on numerous projects in the resource sector.
Canadian Securities Exchange Reports January 2025 Performance Figures
Trading volume of CSE listed securities totaled 1.5 billion shares;
Trading value of CSE listed securities was $519 million;
CSE issuers completed 104 financings that raised an aggregate $118 million; and
The CSE welcomed listings from two new companies, bringing total listed securities to 772 as at January 31, 2025.
"Trading activity on the Canadian Securities Exchange remained strong as we moved into 2025," said Richard Carleton, CEO of the CSE. "More securities changed hands on the CSE in January than any other single month in nearly three years. It is highly encouraging to see investor interest in emerging securities continue to build. We were also host to the initial public offering of Great Northern Energy Metals Inc. in January, which was the only IPO completed on any Canadian exchange that month. With mining conference season now in full swing, we look forward to connecting with our stakeholders at the PDAC convention and other upcoming gatherings."
What's On at the CSE
The CSE returns to sunny Miami, Florida this week for a couple of important events. On February 19, the Exchange is co-hosting an exclusive event titled Going Public and Raising Capital in Canada. The presenters, who include Richard Carleton and CSE director Michael Bluestein (of Corporate Counsel LLP), will talk about opportunities and strategies to successfully enter the public markets in Canada. The event is co-hosted by Corporate Counsel.
The next day marks the start of the two-day Mines and Money Miami conference. The event features a strong line-up of expert speakers and dozens of promising emerging mining companies. The exhibitors include the CSE-listed companies American Pacific Mining Corp. (USGD), American Tungsten Corp. (TUNG), and Exploits Discovery Corp. (NFLD). A key focus of the conference will be strategies to counter China's dominance in critical minerals.
The world's biggest mining conference, the Prospectors and Developers Association of Canada (PDAC) Convention in Toronto, is just around the corner on March 2-5. The CSE team will be in their usual spot in booth #2542 in the Investors Exchange, and invites conference participants to come visit them and the many other CSE issuers that will be exhibiting at the convention (a full exhibitor list can be viewed here.) A new issue of Canadian Securities Exchange Magazine, which is entirely mining-focused, will be available for free at various spots on the convention floor.
The CSE is also pleased to be involved in a couple of other investor events connected to the big show:
First is Red Cloud Financial Services' Pre-PDAC 2025 Mining Showcase on February 27-28. The CSE is a sponsor of this event, which features a very long list of presentations from mining companies, including the CSE issuers Foremost Clean Energy Ltd. (FAT), Kobrea Exploration Corp. (KBX), Mustang Energy Corp. (MEC), and Nova Pacific Metals Corp. (NVPC).
In addition, on March 2, the CSE is sponsoring the eighth annual GROUNDUP Networking Reception, presented by Investor.Events and The Mine Wire. The reception features an on-site poker tournament and has become one of the most popular networking events linked to the PDAC conference.
CIFIC Partnership
The CSE is pleased to announce that it has become an official partner of the Canadian Independent Finance and Innovation Counsel (CIFIC). Launched last year, CIFIC is an organization that advocates for Canadian investment dealers, helping them thrive in a rapidly-evolving market landscape. CIFIC partnership underscores the CSE's support for Canadian investment dealers and its ongoing commitment to providing them with the best possible service.
New Listings in January 2025
Great Northern Energy Metals Inc. (GNEM)
Anteros Metals Inc. (ANT)
About the Canadian Securities Exchange:
The Canadian Securities Exchange is a rapidly growing exchange invested in working with entrepreneurs, innovators and disruptors to access public capital markets in Canada. The Exchange's efficient operating model, advanced technology and competitive fee structure help its listed issuers of all sectors and sizes minimize their cost of capital and enhance global liquidity.
Our client-centric approach and corresponding products and services ensure businesses have the support they need to confidently realize their vision.
The CSE offers global investors access to an innovative collection of growing and mature companies.
STAY CONNECTED WITH THE CSE
=============================
Website: https://thecse.com/
Blog: https://blog.thecse.com/
CSE TV on YouTube: https://www.youtube.com/csetv
CSE's "The Exchange for Entrepreneurs™" Podcast: https://blog.thecse.com/category/cse-podcast/
Linkedin: https://ca.linkedin.com/company/canadian-securities-exchange
Twitter: https://twitter.com/CSE_News
Instagram: https://www.instagram.com/canadianexchange/
Facebook: https://www.facebook.com/CanadianSecuritiesExchange/
Contact:
Richard Carleton, CEO
416-367-7360
richard.carleton@thecse.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241372
News Provided by Newsfile via QuoteMedia
Canadian Securities Exchange Reports January 2025 Performance Figures
The Canadian Securities Exchange ("CSE" or "the Exchange") today announced market statistics for January 2025.
January 2025 Operating Statistics
Trading volume of CSE listed securities totaled 1.5 billion shares;
Trading value of CSE listed securities was $519 million;
CSE issuers completed 104 financings that raised an aggregate $118 million; and
The CSE welcomed listings from two new companies, bringing total listed securities to 772 as at January 31, 2025.
"Trading activity on the Canadian Securities Exchange remained strong as we moved into 2025," said Richard Carleton, CEO of the CSE. "More securities changed hands on the CSE in January than any other single month in nearly three years. It is highly encouraging to see investor interest in emerging securities continue to build. We were also host to the initial public offering of Great Northern Energy Metals Inc. in January, which was the only IPO completed on any Canadian exchange that month. With mining conference season now in full swing, we look forward to connecting with our stakeholders at the PDAC convention and other upcoming gatherings."
What's On at the CSE
The CSE returns to sunny Miami, Florida this week for a couple of important events. On February 19, the Exchange is co-hosting an exclusive event titled Going Public and Raising Capital in Canada. The presenters, who include Richard Carleton and CSE director Michael Bluestein (of Corporate Counsel LLP), will talk about opportunities and strategies to successfully enter the public markets in Canada. The event is co-hosted by Corporate Counsel.
The next day marks the start of the two-day Mines and Money Miami conference. The event features a strong line-up of expert speakers and dozens of promising emerging mining companies. The exhibitors include the CSE-listed companies American Pacific Mining Corp. (USGD), American Tungsten Corp. (TUNG), and Exploits Discovery Corp. (NFLD). A key focus of the conference will be strategies to counter China's dominance in critical minerals.
The world's biggest mining conference, the Prospectors and Developers Association of Canada (PDAC) Convention in Toronto, is just around the corner on March 2-5. The CSE team will be in their usual spot in booth #2542 in the Investors Exchange, and invites conference participants to come visit them and the many other CSE issuers that will be exhibiting at the convention (a full exhibitor list can be viewed here.) A new issue of Canadian Securities Exchange Magazine, which is entirely mining-focused, will be available for free at various spots on the convention floor.
The CSE is also pleased to be involved in a couple of other investor events connected to the big show:
First is Red Cloud Financial Services' Pre-PDAC 2025 Mining Showcase on February 27-28. The CSE is a sponsor of this event, which features a very long list of presentations from mining companies, including the CSE issuers Foremost Clean Energy Ltd. (FAT), Kobrea Exploration Corp. (KBX), Mustang Energy Corp. (MEC), and Nova Pacific Metals Corp. (NVPC).
In addition, on March 2, the CSE is sponsoring the eighth annual GROUNDUP Networking Reception, presented by Investor.Events and The Mine Wire. The reception features an on-site poker tournament and has become one of the most popular networking events linked to the PDAC conference.
CIFIC Partnership
The CSE is pleased to announce that it has become an official partner of the Canadian Independent Finance and Innovation Counsel (CIFIC). Launched last year, CIFIC is an organization that advocates for Canadian investment dealers, helping them thrive in a rapidly-evolving market landscape. CIFIC partnership underscores the CSE's support for Canadian investment dealers and its ongoing commitment to providing them with the best possible service.
New Listings in January 2025
Great Northern Energy Metals Inc. (GNEM)
Anteros Metals Inc. (ANT)
About the Canadian Securities Exchange:
The Canadian Securities Exchange is a rapidly growing exchange invested in working with entrepreneurs, innovators and disruptors to access public capital markets in Canada. The Exchange's efficient operating model, advanced technology and competitive fee structure help its listed issuers of all sectors and sizes minimize their cost of capital and enhance global liquidity.
Our client-centric approach and corresponding products and services ensure businesses have the support they need to confidently realize their vision.
The CSE offers global investors access to an innovative collection of growing and mature companies.
STAY CONNECTED WITH THE CSE
=============================
Website: https://thecse.com/
Blog: https://blog.thecse.com/
CSE TV on YouTube: https://www.youtube.com/csetv
CSE's "The Exchange for Entrepreneurs™" Podcast: https://blog.thecse.com/category/cse-podcast/
Linkedin: https://ca.linkedin.com/company/canadian-securities-exchange
Twitter: https://twitter.com/CSE_News
Instagram: https://www.instagram.com/canadianexchange/
Facebook: https://www.facebook.com/CanadianSecuritiesExchange/
Contact:
Richard Carleton, CEO
416-367-7360
richard.carleton@thecse.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241372
News Provided by Newsfile via QuoteMedia
Canadian Securities Exchange Reports January 2025 Performance Figures
The Canadian Securities Exchange ("CSE" or "the Exchange") today announced market statistics for January 2025.
January 2025 Operating Statistics
Trading volume of CSE listed securities totaled 1.5 billion shares;
Trading value of CSE listed securities was $519 million;
CSE issuers completed 104 financings that raised an aggregate $118 million; and
The CSE welcomed listings from two new companies, bringing total listed securities to 772 as at January 31, 2025.
"Trading activity on the Canadian Securities Exchange remained strong as we moved into 2025," said Richard Carleton, CEO of the CSE. "More securities changed hands on the CSE in January than any other single month in nearly three years. It is highly encouraging to see investor interest in emerging securities continue to build. We were also host to the initial public offering of Great Northern Energy Metals Inc. in January, which was the only IPO completed on any Canadian exchange that month. With mining conference season now in full swing, we look forward to connecting with our stakeholders at the PDAC convention and other upcoming gatherings."
What's On at the CSE
The CSE returns to sunny Miami, Florida this week for a couple of important events. On February 19, the Exchange is co-hosting an exclusive event titled Going Public and Raising Capital in Canada. The presenters, who include Richard Carleton and CSE director Michael Bluestein (of Corporate Counsel LLP), will talk about opportunities and strategies to successfully enter the public markets in Canada. The event is co-hosted by Corporate Counsel.
The next day marks the start of the two-day Mines and Money Miami conference. The event features a strong line-up of expert speakers and dozens of promising emerging mining companies. The exhibitors include the CSE-listed companies American Pacific Mining Corp. (USGD), American Tungsten Corp. (TUNG), and Exploits Discovery Corp. (NFLD). A key focus of the conference will be strategies to counter China's dominance in critical minerals.
The world's biggest mining conference, the Prospectors and Developers Association of Canada (PDAC) Convention in Toronto, is just around the corner on March 2-5. The CSE team will be in their usual spot in booth #2542 in the Investors Exchange, and invites conference participants to come visit them and the many other CSE issuers that will be exhibiting at the convention (a full exhibitor list can be viewed here.) A new issue of Canadian Securities Exchange Magazine, which is entirely mining-focused, will be available for free at various spots on the convention floor.
The CSE is also pleased to be involved in a couple of other investor events connected to the big show:
First is Red Cloud Financial Services' Pre-PDAC 2025 Mining Showcase on February 27-28. The CSE is a sponsor of this event, which features a very long list of presentations from mining companies, including the CSE issuers Foremost Clean Energy Ltd. (FAT), Kobrea Exploration Corp. (KBX), Mustang Energy Corp. (MEC), and Nova Pacific Metals Corp. (NVPC).
In addition, on March 2, the CSE is sponsoring the eighth annual GROUNDUP Networking Reception, presented by Investor.Events and The Mine Wire. The reception features an on-site poker tournament and has become one of the most popular networking events linked to the PDAC conference.
CIFIC Partnership
The CSE is pleased to announce that it has become an official partner of the Canadian Independent Finance and Innovation Counsel (CIFIC). Launched last year, CIFIC is an organization that advocates for Canadian investment dealers, helping them thrive in a rapidly-evolving market landscape. CIFIC partnership underscores the CSE's support for Canadian investment dealers and its ongoing commitment to providing them with the best possible service.
New Listings in January 2025
Great Northern Energy Metals Inc. (GNEM)
Anteros Metals Inc. (ANT)
About the Canadian Securities Exchange:
The Canadian Securities Exchange is a rapidly growing exchange invested in working with entrepreneurs, innovators and disruptors to access public capital markets in Canada. The Exchange's efficient operating model, advanced technology and competitive fee structure help its listed issuers of all sectors and sizes minimize their cost of capital and enhance global liquidity.
Our client-centric approach and corresponding products and services ensure businesses have the support they need to confidently realize their vision.
The CSE offers global investors access to an innovative collection of growing and mature companies.
STAY CONNECTED WITH THE CSE
=============================
Website: https://thecse.com/
Blog: https://blog.thecse.com/
CSE TV on YouTube: https://www.youtube.com/csetv
CSE's "The Exchange for Entrepreneurs™" Podcast: https://blog.thecse.com/category/cse-podcast/
Linkedin: https://ca.linkedin.com/company/canadian-securities-exchange
Twitter: https://twitter.com/CSE_News
Instagram: https://www.instagram.com/canadianexchange/
Facebook: https://www.facebook.com/CanadianSecuritiesExchange/
Contact:
Richard Carleton, CEO
416-367-7360
richard.carleton@thecse.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241372
News Provided by Newsfile via QuoteMedia
Group Eleven Announces Upsize of Private Placement to $2,500,000 from $1,500,000
Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce that further to its news release earlier today (February 18, 2025), it is increasing the size of its non-brokered private placement (the "Offering") from up to 7,894,736 units (the "Units") to up to 13,157,894 Units at a price of $0.19 per Unit for gross proceeds of $2,500,000. All currency in this news release is denominated in Canadian dollars.
Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable into one Common Share at a price of $0.28 per Warrant for a period of two years from the date of issuance.
The Company intends to use the proceeds for exploration activities in Ireland, including at the Company's 100%-owned Ballywire ("Ballywire") zinc-lead-silver discovery at the PG West Project and for general working capital purposes.
The Offering is subject to approval from the TSX Venture Exchange and the securities will be subject to a four month and one day hold period pursuant to applicable securities laws.
About Group Eleven Resources
Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) is a mineral exploration company focused on advanced stage zinc exploration in the Republic of Ireland. Group Eleven announced the Ballywire discovery in September 2022. The Company's two largest shareholders are Glencore Canada Corp. (17.1% interest) and Michael Gentile (16.5%). Additional information about the Company is available at www.groupelevenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer
E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.webb@groupelevenresources.com | T: 604-644-9514
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.
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements," are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things: the completion of the Offering, the anticipated proceeds to be raised under the Offering; the intended use of proceeds raised under the Offering; Mr. Gentile's participation in the Offering; and the potential payment of finder's fees in connection with the Offering.
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain the required regulatory approvals for the Offering; market uncertainty; the inability of the Company to complete the Offering on the terms disclosed, or at all; the inability of the Company to raise the anticipated proceeds under the Offering; that Mr. Gentile's intended participation in the Offering will change; and changes in the Company's business plans impacting the intended use of proceeds raised under the Offering.
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the Company will obtain the required regulatory approvals for the Offering; the Company will be able to complete the Offering on the terms disclosed; that Mr. Gentile will participate in the Offering in the amount currently expected; the Company will be able to raise the anticipated proceeds under the Offering; and the Company will use the proceeds of the Offering as currently anticipated. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241286
News Provided by Newsfile via QuoteMedia
Tempest Minerals Investor Kit
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