FINWIRES · TerminalLIVE
FINWIRES

Forge Resources to Apply for Export Permits to Ship Coal Samples to a U.S. Laboratory

By

Forge Resources (FRG.CN) on Tuesday said it will apply for export permits to send representative coal samples from its La Estrella Colombian project to a U.S.-based laboratory for advanced metallurgical and thermal testing.

If approved, the samples would be analyzed by Matexcel to assess key thermal and steelmaking characteristics, including coke strength, fluidity, ash composition, volatile matter, sulfur content, and overall carbon performance, the company added.

Results will inform classification within global thermal and metallurgical coal markets and guide further technical planning, it said.

Shares of the company were last seen down $0.01 to $0.47 on the Canadian Securities Exchange.

Price: $0.47, Change: $-0.01, Percent Change: -2.08%

Related Articles

Mining & Metals

Flagship Communities REIT Expands Presence in Ohio

Flagship Communities Real Estate Investment Trust (MHC-U.TO) expanded its presence in northern Ohio with a strategic acquisition of a manufactured housing community (MHC) for total consideration of approximately US$1.5 million, it said on Tuesday.The acquisition is expected to be immediately accretive to the REIT's adjusted funds from operations (AFFO) on a per unit basis, it said."The acquisition is located in Marblehead, Ohio, a resort area along Lake Erie and is comprised of 28 lots that are 100% occupied," said Flagship.The property includes a private beach area and a fishing pier along with a number of boat dock slips and is in close proximity to another Flagship-owned MHC, it added."This acquisition helps expand Flagship's presence in our Northern Ohio market, thereby enabling us to generate economies of scale and operational synergies," said Kurt Keeney, President and Chief Executive Officer. "The Marblehead property will be a great addition to our resort MHC communities."The company's shares were last seen unchanged at C$26.50 on the Toronto Stock Exchange.

$MHC-U.TO$MHC-UN.TO
Mining & Metals

Inomin Mines Up 24% as It Starts a $2.3 Million Exploration Program at Beaver-Lynx With Sumitomo

Inomin Mines (MINE.V) shares were last seen up 24% after the company started its 2026 exploration program at the 28,000-hectare Beaver-Lynx polymetallic project in south-central British Columbia, with Sumitomo Metal Mining Canada.The about $2.3 million program is the largest single exploration investment at Beaver-Lynx to date and includes first-ever drilling at the Lynx block, said the company. The program will focus on nearly 4,100 meters of drilling at the Onuki zone, a six square-kilometer target within the Lynx area.Previous outcrop sampling at Onuki returned values up to 2,640 parts per million of nickel. A detailed ground magnetic survey is underway at Onuki to refine drill targeting.Subject to permitting process of the Beaver block, some drillholes at Onuki zone will be reallocated to the Beaver South zone to continue expanding the mineralized footprint and advance the project, it said.Shares of the company were last seen up $0.025 to $0.13 on the TSX Venture Exchange.Price: $0.13, Change: $+0.03, Percent Change: +23.81%

$MINE.V
Mining & Metals

ATEX Resources Begins Trading On OTCQX Best Market; Shares up 3.7%

ATEX Resources (ATX.TO) on Tuesday said its shares are now trading on the OTCQX Best Market under the ATXRF symbol.The company is upgrading to OTCQX from the OTCQB Venture Market, it added."Trading on OTCQX marks an important milestone, enhancing our visibility in the U.S. and making it easier for North American investors to access and trade our shares," said Chris Beer, Interim President and Chief Executive Officer. "This quotation expands our reach as we continue advancing the Valeriano Copper-Gold Project and focus on delivering long-term value for shareholders."The company's shares were last seen up $0.12 at $3.33 on the Toronto Stock Exchange.Price: $3.32, Change: $+0.11, Percent Change: +3.43%

$ATX.TO