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FINWIRES

Earnings Flash (SRR.V) Source Rock Royalties Reports Q1 Revenue $1.305M, Down 22% YoY; Per Share Basic $0.008 and Diluted $0.007

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Mining & Metals

Full Circle Lithium Announces First Canadian Sale of FCL-X to Ottawa Fire Services

Full Circle Lithium (FCLI.V) has sold its FCL-X solutions for lithium-ion battery fire response and containment, to Ottawa Fire Services, its first Canadian municipal fire service sale, the company said on Monday.A statement noted that other Canadian fire services have expressed interest and are expected to purchase the product in the near future.Lithium-ion battery fires are associated with electric vehicles, e-bikes, e-Scooters, energy storage systems, tools, and consumer electronics.Full Circle Lithium is showcasing its solutions at Interschutz 2026 in Hannover, Germany, this week.Full Circle Lithium shares were last seen up $0.005, to $0.425, on the TSX Venture Exchange.Price: $0.43, Change: $+0.01, Percent Change: +1.19%

$FCLI.V
Mining & Metals

A.I.S. Resources Up 11% After it Entered Into Option Agreement for Frenchmans Creek IOCG Style Exploration Project

A.I.S. Resources (AIS.V) shares rose 11% on Monday after it entered into an option agreement, granting the company the right to buy up to a 100% interest in the Frenchmans Creek property consisting of 88 mining claims in four claim blocks covering about 2,200 hectares land, located about 10 kilometers from Saint John, New Brunswick.Planned work includes data verification, mapping, prospecting, geochemical sampling, airborne and ground geophysics, target modelling, and potential first-pass drilling, it said. The company may buy 100% interest in the Frenchmans Creek project by making payments over a period of four years."The vendor-supplied data indicates the presence of locally high-grade surface mineralization, iron-oxide alteration, and geophysical features consistent with an IOCG-style exploration model," said A.I.S. Resources chief executive Marc Enright-Morin. "Our priority will be to verify the historical and third-party data through systematic fieldwork, confirm the reported mineralized outcrops, and develop priority targets for follow-up exploration."A.I.S. Resources said that it may pay cash instead of issuing common shares, and the price of the common shares to be issued will be the 20-day volume weighted average price and shall not be less than $0.135. The optionor will retain a 2% NSR after A.I.S. buy 100% interest in the Frenchmans Creek project, it said.The company will have the right of first refusal to buy 50% of the retained NSR (1% NSR) by paying the optionor a cash amount of $1 million or an agreed amount of cash or shares, it added.Shares of the company were last seen up $0.015 at $0.15 on the TSX Venture Exchange.Price: $0.15, Change: $+0.02, Percent Change: +11.11%

$AIS.V
Mining & Metals

Anfield Energy Completes Phase One Surface Construction at Velvet-Wood Project

Anfield Energy (AEC.V) completed phase one surface construction at its Velvet-Wood uranium and vanadium project in Utah, the company said on Monday.With phase one now complete, the company will shift focus to phase two of mine construction at Velvet-Wood, said the company.Phase Two will focus on the dewatering and rehabilitation of the existing underground workings, along with construction of the ore pad to allow for mining to begin upon completion of the dewatering, said the company, and added that phase two is expected to last approximately 6 months. Initial underground development activities are expected to commence within the next 30 days at Velvet-Wood, it stated.Phase three of mine construction at Velvet-Wood will involve the buildout of permanent surface infrastructure, including the mine office, shop/warehouse, and permanent power, said the company. The company plans to produce mined material concurrently with the completion of this final development phase."The successful completion of Phase One surface construction at Velvet-Wood marks strong progress on the ground made possible by our expanded workforce," said Corey Dias, Anfield CEO. "We are now advancing into Phase Two, with initial underground development activities expected to commence within the next 30 days. This advancement is significant in the broader U.S. context, as Velvet-Wood was the first uranium mine to be advanced through expedited permitting under the current administration."The company's shares were last seen down $0.11 at $6.82 on the TSX Venture Exchange.Price: $6.82, Change: $-0.11, Percent Change: -1.59%

$AEC.V