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Centerra Gold Raises Its Stake in Azimut Exploration

Centerra Gold (CG.TO) on Thursday said it raised its stake in Azimut Exploration (AZM.V) to 12.67% from 9.84% through a C$2.4 million private placement.The miner said it acquired 4.04-million shares priced at C$0.60 each in the placement.Centerra acquired the shares for investment purposes, the company said Thursday. A May 2025 investor rights agreement entitles Centerra to participate in certain equity offerings of Azimut.Azimut shares closed up C$0.03, or 4.8%, to C$0.65 Wednesday on the TSX Venture Exchange.

$AZM.V$CG.TO

Mining & Metals35d ago

Xcite Uranium Starts Drill Program at Don Lake Uranium Project, Saskatchewan

Xcite Uranium (XRI.CN) started its first diamond drilling program at the Don Lake project near Uranium City, Saskatchewan, it said on Thursday.The company plans to test for structurally-controlled uranium mineralization defined by both historical work and results from the 2025-2026 field programs.The program will consist of 1500 meters of diamond drilling, with 14 holes from six different pad locations, it said.Shares of the company closed unchanged at C$0.16 on Wednesday on the Canadian Securities Exchange.

$XRI.CN

Mining & Metals35d ago

Earnings Flash (ROK.V) ROK Resources Inc. Reports Q2 Revenue C$21.0M

$ROK.V

Mining & Metals35d ago

Avricore Health's HealthTab Collaborates with Abbott for Point-of-Care Testing in UK

Avricore Health (AVCR.V) subsidiary HealthTab agreed to supply and distribute Abbott's point-of-care testing products through the HealthTab platform in the UK.HealthTab is a cloud-based platform that connects point-of-care analyzers, patient results, data, and pharmacist workflows under a centralized digital infrastructure for community-based testing, Avricore said.Under the agreement, HealthTab will distribute Abbott's Afinion 2 Analyzer in NHS-linked pharmacies to test for HbA1c and lipid profiles, Avricore said.The collaboration also includes a framework for the continued expansion of point-of-care testing through community pharmacies, Avricore said.

$AVCR.V

Mining & Metals35d ago

Earnings Flash (PCRX.V) PharmaCorp Rx Inc. Reports Q2 Revenue C$7.7M, vs. FactSet Est of C$7.7M

$PCRX.V

Mining & Metals35d ago

Earnings Flash (FW.CN) Flow Capital Corp. Reports Q2 Revenue C$4.2M

$FW.CN

Mining & Metals35d ago

Winshear Gold Gets TSXV Approval to Acquire Mineral Exploration Credits

Winshear Gold (WINS.V) received TSX Venture Exchange's final approval to buy certain mineral exploration credits relating to claim 908950 which carries an exploration assessment credit of C$608,083, it said in a statement after markets closed on Wednesday.The company will issue 1-million shares and 500,000 warrants to the vendors, it said. Through the warrants, the vendors are allowed to buy 500,000 shares in the company at C$0.20 apiece for a three-year period from the issuance date ending Aug. 20, 2029.Shares of the company closed up 17% to C$0.10 on Wednesday on the TSX Venture Exchange.

$WINS.V

Mining & Metals35d ago

Osisko Metals Posts Drill Results from Gaspe Copper Project

Osisko Metals (OM.TO) posted new drill results from the Gaspe Copper Project in Quebec, continuing to expand the known deposit and improve grade to the south.Highlights of the results include 312.5 meters averaging 0.56% copper and 117.9 m averaging 0.49% copper, the company said Thursday.

$OM.TO

Mining & Metals35d ago

ExGen Resources Extends, Upsizes Private Placement of Units

ExGen Resources (EXG.V) has received approval from the TSX Venture Exchange to extend and upsize its private placement of up to 10.1 million units for gross proceeds of C$1.1 million, the company said Thursday.The units are priced at C$0.10 apiece. The second tranche of the upsized offering will be completed around Aug. 21.The company has also amended and exercised its option to earn a 100% interest in the MacRex property in British Columbia. The amendment allowed ExGen to exercise the option by paying C$200,000 to the optionor on Aug. 14.

$EXG.V

Mining & Metals35d ago

Earnings Flash (VTX.V) Vertex Resource Group Ltd. Reports Q2 Revenue C$51.2M

$VTX.V

Mining & Metals35d ago

Earnings Flash (YEG.V) Yorkton Equity Group Inc. Reports Q2 Revenue $3.3M

$YEG.V

Mining & Metals35d ago

Earnings Flash (ALCH.V) Alchemy Labs Inc. Reports Q2 Revenue C$581K

$ALCH.V

Mining & Metals35d ago

Earnings Flash (SBIO.V) Sabio Holdings Inc. Reports Q2 Revenue $8.2M

$SBIO.V

Mining & Metals35d ago

Westgold Resources Releases Updated Mineral Resource Estimate

Westgold Resources (WGX.TO) released an updated mineral resource estimate and mineral reserve statement as of June 30 that showed an increase in proven and probable mineral reserves, the company said Thursday.Proven and probable mineral reserves rose 41% to 4.1 million ounces, with a 15% increase in grade to 2.22 grams per tonne, marking the third consecutive year of reserve growth.The gold measured and indicated mineral resource estimate was 119 million tonnes at 2.35 g/t gold for 9.0 million ounces. The inferred mineral resource estimate was 75 million tonnes at 2.23 g/t gold for 5.4 million ounces.

$WGX.TO

Mining & Metals35d ago

Cadillac Mines Posts Assay Results from Kerr-Addison Open Pit

Cadillac Mines (CADY.TO) released new assay results from the Kerr-Addison deposit in Ontario that demonstrated potential for adding to in-pit resources.Highlights from the results include 2.13 grams per tonne gold over 38.2 meters. The results also added new mineralization in areas previously considered waste, the company said Wednesday.

$CADY.TO

Mining & Metals35d ago

IsoEnergy, DISA Technologies Complete Transaction to Form a US Uranium Company

IsoEnergy (ISO.TO) and DISA Technologies after trade Wednesday said they completed their deal to create DISA Uranium Corp., a new U.S. uranium company.IsoEnergy contributed its portfolio of permitted, past-producing uranium mines in Utah, including the Tony M, Daneros, Rim, Sage Plain and Flatiron projects, to DISA Uranium in exchange for nearly 1.68-million common shares, the company said."DISA Uranium combined IsoEnergy's Utah Portfolio with DISA's proprietary HPSA technology and remediation and recovery business," it added.Concurrently, DISA Uranium completed a $105-million private placement. IsoEnergy invested $33 million in the financing. Following the transaction and financing, IsoEnergy owns about 33% of DISA Uranium on a fully diluted basis, making it the company's largest shareholder, according to the statement.DISA Uranium's board now has seven directors, including IsoEnergy Chairman Richard Patricio and Chief Executive Phillip Williams, as well as representatives from Tembo Capital and DISA's existing board, the company said.

$ISO.TO

Mining & Metals35d ago

McFarlane Mining Raising C$15 Million Through Private Placement of Shares

McFarlane Mining (MLM.CN) said Wednesday after trade it is raising C$15 million through a private placement of shares.The company will raise C$11 million through the issue of 21-million flow-through shares at C$0.525 apiece, and a further C$4 million through the sale of 10.5-million common shares at C$0.38 each. The underwriters have been granted an over-allotment option of 5.9 million shares at the same price, which, if fully exercise would raise C$2.25 million.The offering is expected to close on Sept. 9.The company overnight Tuesday said it was extending the maturity date of the outstanding $1.7 million of its 15% senior debentures from Oct. 26, 2026, to Oct. 31, 2027.The amendment also eliminates McFarlane's obligation to fund and top up the interest reserve, a statement said.McFarlane Mining shares closed up C$0.05, to C$0.45, on the TSX Venture Exchange.

$MLM.CN

Mining & Metals35d ago

TerraVest Industries Gets TSX Approval for Share Buyback Program

TerraVest Industries (TVK.TO) said Wednesday it received approval from the Toronto Stock Exchange to launch a normal course issuer bid to repurchase and cancel up to 1.5-million of its shares.Purchases under the bid may commence on Aug. 24 and runs for up to 12 months.Under its current NCIB, which expires on Aug.21, the company repurchased 260,000 shares of the 1.56-mllion allowed.Shares of the company closed down C$0.29 to C$117.70 on Toronto Stock Exchange.

$TVK.TO

Mining & Metals35d ago

Quimbaya Gold Options Berrio Project for Up to $3.75 Million

Quimbaya Gold (QIM.CN) said Wednesday it entered into an option agreement with 37 Capital that gives 37 Capital the exclusive right to acquire Quimbaya's non-core Berrio project in Antioquia, Colombia.If the option is exercised, Quimbaya could receive up to $3.75 million in cash and shares. The deal is non-dilutive to Quimbaya, which will retain about a 19.9% stake in 37 Capital immediately, the company added.The transaction allows Quimbaya to focus its capital and technical resources on its flagship Tahami Project in the Segovia Gold District. At Tahami, the company is drilling a copper-molybdenum-gold porphyry system while also advancing high-grade gold and silver vein targets, according to the statement."Completion of any sale is subject to exercise of the option and to customary conditions, including the acceptance of the Canadian Securities Exchange," the company added.

$QIM.CN

Mining & Metals35d ago

Altius Minerals Renews Its Share Repurchase Program

Altius Minerals (ALS.TO) renewed its normal course issuer bid (NCIB) to buy back and cancel up to 587,482 shares, it said in a statement on Wednesday.The bid, which is subject to regulatory approval, will start Aug. 22 and run for 12 months.Under its current bid which expires on Aug. 21, 2026, Altius said that as of Aug. 17, it repurchased a total of 249,800 shares at a weighted average price of C$42.30 per share.Shares of the company were last seen up 1.4% at C$62.34 on the Toronto Stock Exchange.Price: $62.47, Change: $+0.97, Percent Change: +1.58%

$ALS.TO

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