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Mining & Metals142d ago

Mako Mining Adds It Is Extending an Area Fully Permitted for Mining to Over 450 m of Strike

$MKO.V

Mining & Metals142d ago

Mako Mining Says Intersected 26.98 g/t Au over 6.8 m Estimated True Width at Las Conchitas

$MKO.V

Mining & Metals142d ago

Loblaw Partnering with Canadian AI Company Shakudo to Accelerate Its AI Adoption and Deployment

$L.TO

Mining & Metals142d ago

Westgold Resources Agrees to Divest Peak Hill Gold Project for A$58.3 Million, 1.0% NSR Royalty

Westgold Resources (WGX.TO) has agreed to divest the Peak Hill gold project in Western Australia to Great Boulder Resources, the company said Monday.The total consideration payable or deliverable under the asset and sale agreement is A$58.3 million plus a 1.0% net smelter return royalty over future production from Peak Hill.The consideration comprises $25 million in cash, $33.3 million in GBR scrip representing 19.9% interest post-completion, and a 1.0% NSR royalty.At deal completion, Westgold will emerge as a 19.9% shareholder in Great Boulder with the right to appoint a nominee to Great Boulder's board.Westgold has entered into an ore purchase agreement with Great Boulder, under which ore from Peak Hill may be processed at Westgold's Murchison processing hubs. The OPA is subject to completion of the divestment transaction.Westgold and Great Boulder have also entered into a non-binding strategic collaboration agreement to evaluate options that could fast track Great Boulder's Side Well Gold Project.The transaction is a continuation of Westgold's portfolio optimization strategy, which has unlocked shareholder value totaling $208 million, with further upside potential via $30 million in deferred consideration.

$WGX.TO

Mining & Metals142d ago

Magna Mining Says Final Approval Subject to Co Fulfilling All Requirements of TSX, Including Receipt of All Required Documentation On Or Before July 29, 2026

$NICU.V

Mining & Metals142d ago

Magna Mining Gets Conditional Approval to Graduate to Toronto Stock Exchange

$NICU.V

Mining & Metals142d ago

Update: Mayfair Gold Appoints Drew Anwyll As CEO; Shares Down 3.85% To Near 52 Week Lows in US Premarket

Mayfair Gold Corp. (MFG.V and NYSE American: MINE) has appointed Drew Anwyll, formerly Chief Operating Officer of the company, as Chief Executive Officer, effective immediately, the company said earlier Monday.Nick Campbell, current Chief Executive Officer, will be stepping down and departing the company.Darren McLean, Chair of the Board, said, "Mayfair is on the path to build and operate the Fenn-Gib Gold Project. By appointing Drew, an accomplished operator, as CEO, the company is well positioned to execute on this plan. The Board would like to thank Nick for his leadership and contributions, including his work in elevating the Fenn-Gib story, progressing the NYSE American listing, and advancing us to this point."Campbell, outgoing CEO, said, "My role at Mayfair was to help shape the strategy with the Board, begin telling the story, and bring the team together to execute on that vision. That foundation is now firmly in place. The team Drew has assembled stands out in any project development organization. The culture Drew has fostered in such a short time is remarkable, and I look forward to watching Mayfair continue to advance."Mayfair was at last look down 3.85% in US premarket trade, after falling 3% in the US last Friday. It edged lower in Canada trade last Friday.

$MFG.V

Mining & Metals142d ago

Mayfair Gold Appoints Drew Anwyll As CEO; Shares Down 3.85% To Near 52 Week Lows in US Premarket

$MFG

Mining & Metals142d ago

Fiera Capital Completes $100 Million Debenture Offering

Fiera Capital (FSZ.TO) has completed a $100 million debenture private placement debenture offering, the company said on Monday.The unsecured 7.40% debentures were issued at par to Fonds de solidarite FTQ, and mature on April 31, 2031. Fiera concurrently redeemed its 6.00% debentures due June 30, 2027, previously issued to Fonds de solidarite FTQ, at its principal amount of $100 million."We are pleased to refinance our debenture with Fonds de solidarite FTQ, a valued long-term partner. This refinancing is aligned with our objective of maintaining a prudent and flexible capital structure. It strengthens our ability to execute on our priorities while continuing to position Fiera Capital for long-term, sustainable value creation." said Lucas Pontillo, global chief financial officer.Fiera Capital closed down $0.11, to $5.65 on Friday, on the Toronto Stock Exchange.

$FSZ.TO

Mining & Metals142d ago

East Side Games Group Raising Up To $3.5M In Non-brokered Private Placement; Shares Fell 18% To 52 Week Lows Last Friday

East Side Games Group (EAGR.TO), a Canada free-to-play mobile game group, is raising total gross proceeds of up to $3.5 million in a non-brokered private placement of 31,818,182 units at $0.11 each, the company said over the weekend.Each Unit will be comprised of one common share and one full whole warrant. Each whole Warrant will be exercisable at $0.14 per share for a period of three years from issuance. The Warrants will be subject to standard anti-dilution adjustments, the company added.Net proceeds from the private placement will be used to repay indebtedness owing to the Royal Bank of Canada (RY.TO. RY) and for operating expenses and general working capital.Shares in EAGR were down 18.5% or $0.025 at $0.11 last Friday.

$EAGR.TO$RY.TO

Mining & Metals142d ago

Hut 8 Adds New US$200M Facility With FalconX Cuts Cost of Debt by 200BPS and "Unencumbers" Near 3,300 BTC From Collateral Package

$HUT.TO

Mining & Metals142d ago

Hut 8 Says Advancing Capital Strategy With Refinancing Of Bitcoin-Backed Credit Facility

$HUT.TO

Mining & Metals142d ago

Enghouse Renewing Normal Course Issuer Bid

$ENGH.TO

Mining & Metals142d ago

G2 Goldfields Says Extendsed High-Grade OKO Resource to Depths of 1km, Intercepts 84.5m at 3.0 g/t Au

$GTWO.TO

Mining & Metals142d ago

SalesCloser Secures U.S. Patent for AI-Powered Conversational Workflow Technology

SalesCloser Technologies has received a patent from the United States Patent and Trademark Office for its "System and Method for Graph-Based Conversational-Flow Editing" technology, the company said late on Friday.The patent protects the company's foundational approach to democratizing AI agent creation and make sophisticated conversational AI accessible to non-technical business users.The granted patent covers technology that has been fully deployed and is generating revenue within the SalesCloser platform. The technology is a core differentiator that allows sales teams to design and manage AI-powered sales workflows through an intuitive, conversational interface and does not require coding expertise or complex technical knowledge.SalesCloser's patented system includes visual workflow rendering, context-aware generation from uploaded documents, and built-in testing and simulation capabilities.The patent is the first of multiple patent applications in SalesCloser's growing intellectual property portfolio, which includes nine U.S. patent applications covering fundamental challenges in conversational AI.SalesCloser rose 5% to near 52-week highs on Friday.

$SCAI.V

Mining & Metals142d ago