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Armory Mining To Conduct a Series of Airborne Geophysics Surveys at the Ammo Gold-Antimony Project
Thenewswire· 2026-02-09 08:05
Core Viewpoint - Armory Mining Corp. is preparing to conduct airborne geophysics surveys at the Ammo antimony-gold project in Nova Scotia, Canada, which is crucial for defining drill targets and advancing exploration efforts [1][4]. Group 1: Survey Details - The airborne geophysics surveys will utilize efficient 50-meter flight lines to gather data on sulfide mineralization, sericite and potassic alteration, and uranium anomalies [2]. - The company plans to conduct a magnetic survey to assess geological characteristics, an electromagnetic survey to gather data on sulfide mineralization, and a radiometric survey to explore correlations with uranium anomalies [3]. Group 2: Project Background - Armory Mining Corp. holds a 100% interest in the Ammo project, which includes three contiguous mineral claims surrounding the historical West Gore antimony-gold mine, covering approximately 3,020 hectares [8][9]. - The geological setting of the Ammo project includes sericitic slates and arenites of the Halifax formation, with mineralization associated with quartz-carbonate veins and various sulfides [8].
Puranium Energy Announces Share Consolidation
TMX Newsfile· 2026-01-27 22:01
Core Viewpoint - Puranium Energy Ltd. has announced a share consolidation, reducing the number of outstanding common shares from approximately 32.39 million to about 16.20 million, with a consolidation ratio of one post-consolidation share for every two pre-consolidation shares [1][3]. Group 1: Share Consolidation Details - The board of directors has approved the share consolidation, which is subject to the approval of the Canadian Securities Exchange (CSE) [1][2]. - The consolidation will result in a new CUSIP and ISIN, but there will be no change in the company name or stock symbol [2]. - The exercise price and the number of common shares under any outstanding stock options will be proportionately adjusted to reflect the consolidation [3]. Group 2: Impact on Shareholders - No fractional common shares will be issued; any fractional share less than half of a post-consolidation share will be canceled, while those at least half will be rounded up to one whole share [3]. - The total number of outstanding common shares will decrease from 32,390,436 to approximately 16,195,218 as a result of the consolidation [3]. Group 3: Company Overview - Puranium Energy Ltd. is a Canadian resource exploration company focused on energy-related opportunities and is listed on the Canadian Securities Exchange under the symbol UX and on the Frankfurt Exchange under the symbol 2DK [4].
Armory Mining Engages Castello Q Exploration for Ammo Antimony-Gold Work Program
Thenewswire· 2025-12-22 08:05
Core Viewpoint - Armory Mining Corp. has engaged Castello Q Exploration Corp to initiate a phase one work program at its Ammo Antimony-Gold project in Nova Scotia, Canada, focusing on minerals critical to energy, security, and defense sectors [1]. Group 1: Project Overview - The Ammo project encompasses a 3,092-hectare exploration area that is contiguous to the historical West Gore antimony-gold mine, which produced significant amounts of antimony and gold prior to World War I [2]. - Historical production records from West Gore indicate nearly 32,000 metric tons of output between 1914-1917, yielding over 7,000 metric tons of antimony concentrate with a grade of 46% and a total of 6,861 ounces of gold recovered by 1917 [3]. Group 2: Exploration Program - The initial phase one exploration program will include data compilation, prospecting, reconnaissance, detailed surface sampling, and geophysics to identify favorable geology and prioritize drill targets [5]. - The company has allocated a budget of up to $656,000 CAD for this initial phase of exploration [5]. Group 3: Company Background - Armory Mining Corp. is a Canadian exploration company focused on minerals essential for the energy, security, and defense sectors, holding a 100% interest in both the Ammo antimony-gold project and the Riley Creek antimony-gold project in British Columbia [8].
Mustang Energy Corp. Announces Non-Brokered Flow-Through Private Placement
Globenewswire· 2025-12-20 02:44
Core Viewpoint - Mustang Energy Corp. is conducting a non-brokered private placement to raise C$180,000 through the sale of 2,000,000 critical flow-through units at a price of C$0.09 per unit [1] Group 1: Offering Details - Each FT Unit consists of one common share issued on a flow-through basis and one half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of one common share at a price of $0.15 for two years [2] - The proceeds from the Offering will be used for resource exploration expenses classified as "Canadian exploration expenses" and "flow through critical mineral mining expenditures," which will be renounced to purchasers by December 31, 2025 [3] Group 2: Regulatory and Closing Information - The Offering is subject to necessary regulatory approvals, including from the Canadian Securities Exchange, and is expected to close by December 31, 2025 [5] - The securities issued will be subject to a hold period of four months plus one day from the date of issue [5] Group 3: Company Overview - Mustang Energy Corp. focuses on acquiring and developing uranium and critical mineral assets, actively exploring properties in the Athabasca Basin of Saskatchewan, Canada [7] - The flagship property, Ford Lake, spans 7,743 hectares, while additional projects cover 2,901 hectares in the Wollaston Domain and further expansions in the Cluff Lake region and south central Athabasca Basin [7]
Armory Mining Announces Closing of Flow-Through Financing
Thenewswire· 2025-12-19 21:05
Core Viewpoint - Armory Mining Corp. has successfully closed a non-brokered private placement offering, raising gross proceeds of $666,655.01 through the issuance of 9,523,643 flow-through units at a price of $0.07 per unit [1]. Group 1: Offering Details - Each flow-through unit consists of one common share and one-half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of one additional common share at $0.09 until December 19, 2028 [2]. - The proceeds from the offering will be allocated to Canadian exploration expenses at the Ammo project in Nova Scotia [3]. - The company paid finder's fees totaling $53,122.40 and issued 758,891 finder's warrants, with exercise prices of $0.07 and $0.09 per share, valid until December 19, 2028 [4]. Group 2: Securities and Compliance - All securities issued under the offering are subject to a four-month hold period, expiring on April 20, 2026, in accordance with Canadian securities laws [5]. - Armory Mining Corp. is a Canadian exploration company focused on minerals critical to the energy, security, and defense sectors, controlling a 100% interest in the Ammo project and an 80% interest in the Candela II lithium brine project in Argentina [6].
Armory Mining Announces Flow-Through Financing
Thenewswire· 2025-12-02 23:30
Core Viewpoint - Armory Mining Corp. is initiating a non-brokered private placement offering of up to 14,285,714 flow-through units at a price of $0.07 per unit, aiming to raise gross proceeds of up to $1,000,000 for exploration activities [1][3]. Group 1: Offering Details - Each flow-through unit consists of one common share and one transferable common share purchase warrant, allowing the holder to purchase an additional common share at $0.09 for three years [2]. - The proceeds from the offering will be allocated to eligible Canadian exploration expenses at the Ammo project in Nova Scotia [3]. - The company may issue finder's fee warrants, which will allow the purchase of additional common shares at $0.07 for three years [3]. Group 2: Regulatory and Compliance Information - All securities issued under the offering will be subject to a four-month hold period in accordance with Canadian securities laws and CSE policies [4]. - The completion of the offering is contingent upon receiving necessary approvals, including from the CSE [4]. Group 3: Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors, holding an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [5].
Battery X Metals Announces Corporate Awareness Engagement
Accessnewswire· 2025-11-21 08:05
Core Insights - Battery X Metals Inc. has engaged bullVestor Medien GmbH for marketing services for a period of three months starting November 21, 2025 [1] Company Overview - Battery X Metals is an energy transition resource exploration and technology company [1] - bullVestor is an arm's length entity to Battery X Metals [1]
Armory Mining Plans Exploration Program at the Ammo Antimony-Gold Project
Thenewswire· 2025-11-20 08:05
Core Insights - Armory Mining Corp. has initiated planning for a phase one exploration program at the Ammo antimony-gold project in Nova Scotia, Canada [1][3] - The Ammo project encompasses over 3,000 hectares and is adjacent to the historical West Gore antimony-gold mine, which produced these minerals prior to World War I [2] - The initial phase will involve prospecting, reconnaissance, sampling, and geophysics, with a budget of up to $500,000 CAD allocated for this exploration [3] Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors [6] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia, along with an option to acquire a 100% interest in the Ammo project [6] Strategic Goals - The CEO emphasized the importance of identifying domestic sources of critical minerals and advancing current assets [4]
Armory Mining Engages Plutus Invest & Consulting GmbH
Thenewswire· 2025-11-17 13:00
Core Viewpoint - Armory Mining Corp. has entered into a marketing agreement with Plutus Invest and Consulting GmbH to enhance corporate awareness in Europe through marketing and communications services from November 17, 2025, to May 16, 2026 [1][2]. Group 1: Marketing Agreement Details - The initial fee for the marketing services is set at €100,000, with a potential additional fee of up to €250,000 if the campaign is extended [2]. - No securities will be issued to Plutus as compensation for the media services [2]. - The agreement was negotiated at arm's length and is subject to certain conditions, including the submission of required forms to the Canadian Securities Exchange (CSE) [3]. Group 2: Company Overview - Armory Mining Corp. is focused on the exploration of minerals critical to the energy, security, and defense sectors [4]. - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia, along with an option for a 100% interest in the Ammo antimony-gold project in Nova Scotia [4].
Armory Mining Announces Private Placement
Thenewswire· 2025-11-03 23:15
Core Viewpoint - Armory Mining Corp. is initiating a non-brokered private placement offering to raise up to $500,000 through the sale of 9,090,000 units at a price of $0.055 per unit [1][3] Group 1: Offering Details - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to purchase an additional common share at $0.085 for five years [2] - The proceeds from the offering will be allocated for working capital and general corporate purposes [3] Group 2: Company Overview - Armory Mining Corp. is focused on minerals critical to the energy, security, and defense sectors [4] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia, along with an option for a 100% interest in the Ammo antimony-gold project in Nova Scotia [4]