Proceeds to be used to Accelerate Procurement and Component Assembly for Demonstration Facility Deployment in Iceland Syntholene Energy CORP. (TSXV: ESAF,OTC:SYNTF) (FSE: 3DD0) (OTCQB: SYNTF) (the ‘Company’ or ‘Syntholene’) is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $3,750,000 (the ‘Financing’). ‘We are thrilled to have successfully closed this financing, which reflects strong investor confidence in Syntholene’s technology and vision,’ said Daniel Sutton, Chief Executive Officer. ‘These proceeds will accelerate the development of our demonstration facility in Iceland as we continue to advance our mission of delivering cost-competitive, carbon-neutral synthetic fuel.’ An aggregate of 8,333,333 units (each, a ‘Unit‘) were issued at a price of $0.45 per Unit pursuant to the Financing, with each Unit comprised of one common share of the Company (a ‘Common Share‘) and one non-transferable common share purchase warrant (a ‘Warrant‘). Each Warrant is exercisable into…
Cygnus Metals Limited (ASX:CY5) advises, in accordance with ASX Listing Rule 3.13.1, that the Annual General Meeting of the Company (‘Meeting’) will be held in West Perth, Western Australia on Friday, 1 May 2026. Further details in respect of the Meeting will be provided in the Notice of Meeting to be dispatched to shareholders prior to the Meeting. An item of business at the Meeting will be the election and re-election of certain directors. In accordance with rule 6.1(p)(i) of the Company’s Constitution, the closing date for the receipt of nominations from persons wishing to be considered for election as a director is Monday, 9 March 2026. Any nominations must be received at the Company’s registered office no later than 5.00pm (Perth time) on Monday, 9 March 2026. This announcement has been authorised for release by the Board of Directors of Cygnus. David SouthamExecutive ChairmanT: +61 8 6118 1627E: info@cygnusmetals.com…
After-Tax NPV(8%) of $473M and IRR of 49% at USD $1,000/mtu WO3; Fully funded 20,000m Drill Program Underway to Expand Scale of the Borralha Project Key Highlights: Robust Economics: After-tax NPV(8%)1 of $473.4 million (USD $346.6 million) and IRR2 of 48.8% at USD $1,000/mtu WO₃3. Capital Efficient Development: Initial capital4 of approximately $124.2 million (USD $91 million) with 4.2-year payback5. Strong Base Case: After-tax IRR2 of 27.2% and NPV(8%)1 of $182.7 million (USD $134.0 million) at ~USD $704/mtu WO₃ (Argus long-term forecast). Significant Upside Leverage: After-tax IRR2 of 78.4% and NPV(8%)1 of $963.8 million (USD $706.4 million) at USD $1,500/mtu WO₃. Resource Growth Just Beginning: Fully funded 20,000-metre drill program underway at the Borralha Project targeting resource expansion and potential mine life extension well beyond the initial 11-year mine plan. All amounts in Canadian dollars unless stated otherwise. Vancouver, British Columbia–(Newsfile Corp. – March 2, 2026) – Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF)…
Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the ‘Company’ or ‘Bold’) is pleased to provide an update on diamond drilling progress at its Burchell Base and Precious Metals Project, located 100 km west of Thunder Bay, Ontario. 4 holes totaling 669 meters have now been completed in the vicinity of the 111 Zone, where channel sampling results from last Fall were reported last December (see Bold news release dated December 2nd, 2025), and where one grab sample from December 2024 returned 68 gt Au (see Bold news release dated January 9th, 2025). 663 samples of drill core have now been submitted to the laboratory and results are pending. While awaiting results from this first phase of drilling, the drill has been moved to Bold’s Wilcorp property located approximately 13 km east of Atikokan, Ontario, and drilling has commenced there. Bold’s CEO David Graham, President and COO Bruce MacLachlan, and VP Exploration Coleman…
We also break down next week’s catalysts to watch to help you prepare for the week ahead. In this article: This week’s tech sector performance Tariff concerns sent global stocks drifting on Monday (February 23), with US futures pointing lower at the start of the week even though the Nasdaq Composite (INDEXNASDAQ:.IXIC) ended a three week losing streak the previous week. Additionally, a Citrini Research report published on Sunday (February 22) projects that the dominance of artificial intelligence (AI) could lead to the collapse of the “human-centric consumer economy” and cause widespread unemployment, adding to the growing anxiety around AI-induced displacement. Markets had a subdued reaction to Anthropic’s announcement of 10 new AI tools on Tuesday (February 24), including plugins that could help with investment banking tasks, private equity engineering and design. Mohit Kumar, chief Europe economist at Jefferies Financial Group (NYSE:JEF), noted that, although AI disruption will remain a…
Statistics Canada released its December data for gross domestic product (GDP) by industry on Friday (February 27). While overall GDP increased 0.2 percent, the figures showed a broad 0.9 percent decline in the mining, quarrying, and oil and gas extraction sector, reversing a 0.1 percent increase in November. In real dollars, the sector contributed C$119.62 billion in the month, just shy of C$120.76 billion in November. The decrease was due to a 1.1 percent contraction in the oil and gas subsector and a 1.4 percent decline in the mining and quarrying subsector. However, the fall off was slightly offset by a 1.6 percent increase in sector support activities. The Canadian reporting agency also released its annual mineral production survey on Wednesday (February 25). The data showed that 2025’s production and shipment numbers increased nearly across the board for copper, silver and gold. In terms of production, copper output climbed to…
(TheNewswire) Secures Equity, Cash, and Ongoing Upside Exposure Vancouver, British Columbia, February 26th, 2025 TheNewswire – Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that it has entered into a definitive assignment agreement (the ‘Agreement’) with Blade Resources Inc. (‘Blade’) pursuant to which Prismo has agreed to assign all of its rights, interests and obligations in the Hot Breccia copper project, located in the heart of the Arizona copper belt (the ‘Transaction’), to Blade. The Transaction is expected to close on or about March 2, 2026, or such other date as the Company and Blade may agree. In consideration for the Transaction, Prismo will be issued 6,755,000 common shares of Blade and will receive a cash payment of $185,000. Following completion of the Transaction, Prismo will own approximately 24% of Blade’s issued and outstanding shares and will be Blade’s largest single shareholder (see…
Perth, Australia (ABN Newswire) – Basin Energy Limited (ASX:BSN) (OTCMKTS:BSNEF) announced that it has now executed a Mineral Rights Purchase and Sale Agreement (‘MRPSA’) with Green Canada Corporation Inc (‘GCC’), a 54% owned subsidiary of PTX Metals Inc. (TSXV: PTX) (‘PTX’) to sell the Marshall Uranium Project (‘Marshall’), located in Saskatchewan, Canada. This follows the binding letter of intent, as announced on the 24th November 2025. Key Highlights – Mineral Rights Purchase and Sale Agreement executed, advancing Basin’s sale of 100% of the Marshall Uranium Project to Green Canada Corporation Inc (‘GCC’). – GCC progressing toward public listing on Canadian Stock Exchange, in conjunction with a reverse takeover of Maackk Capital Corp. – Basin will receive consideration of up to: o C$600,000 payable in cash in four equal annual instalments; o C$300,000 payable in shares over three equal annual instalments; and o 9.99% of the total issued capital of the…
Dubbed a “central bottleneck of the electrified future,” copper demand is expected to far exceed supply. A recent outlook from S&P Global projects the market could face a shortfall of up to 10 million metric tons by 2040. Against this backdrop, Domestic Metals (TSXV:DMCU) offers a timely opportunity for investors. Listed on TSX Venture Exchange, OTCQB and Frankfurt Stock Exchange, the company is advancing its flagship Smart Creek Project in Montana, targeting discovery of a porphyry system and a carbonate replacement deposit (CRD). Smart Creek’s potential is further bolstered by its proximity to significant discoveries like Ivanhoe Electric’s (NYSEAmerican:IE,TSX:IE) Hog Heaven project, which announced the intersection of a porphyry copper-gold-molybdenum system within a large, deep anomaly. Company Highlights Exceptional Surface Grades: The 2025 field campaign returned high-grade samples, highlighted by 102 g/t gold, 23.1 percent copper, and 3,810 g/t silver. World-Class Team: Dr. Peter Megaw, a globally recognized authority on…
Precious metals are recovering their safe-haven demand appeal this week. Gold, silver and platinum are up this week, all still down from the all-time highs recorded in January. Escalating geopolitical tensions and US trade policy shifts are once again at center stage in this sector of the commodities market. Let’s take a look at what’s got the precious metals moving over the past week. Gold price After dropping as low as US$4,400 per ounce on February 2, this past week gold has taken another run well above the key psychological US$5,000 mark; albeit still hundreds of dollars away from its record high of close to US$5,600 reached on January 28. After trading in a tight range of US$4,985 to US$5,000 for much of Thursday (February 19), the price of gold managed to rise as high as US$5,107 on Friday. That upward climb continued on Monday (February 23) to an intraday…









