Newsfile News Releases

Newsfile News Releases

May 29, 2024 08:30 ET
Palamina Samples 26.67 GPT Gold over 2 Metres from the Sol De Oro Zone at the Usicayos Gold Project
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) announces initial assay results from its first 2024 field campaign in the Sol de Oro Zone ("SDO") at its 100% owned Usicayos Gold Project. Usicayos is located in southeastern Peru and hosts a 4.5 km long mineralized orogenic gold trend to include the southwestern SDO Zone, the central Cayos Zone, and the northeastern Veta Zone. In 2024, inaugural drill programs are planned in the SDO Zone then the Cayos Zone later in the year. Drill pads in the SDO zone are under construction and a drill camp is being reconditioned for the upcoming drill program (Figure 3). In the interim the first of two geochemical sampling programs and a structural study to better understand mineralization controls has been completed at SDO. A drone borne topographic and magnetic survey over the entire 4.5 km trend extending from Sol de Oro to Veta is being completed to establish better controls and further define drill targets. Drilling is scheduled to commence in early July.
May 29, 2024 08:29 ET
Nine Mile Metals Announces Drill Hole WD-24-03 Certified Assay Results of 1.58% Copper Equivalent (Cu-Eq) over 32.10m Including 2.60% Cu-Eq over 16.15m and 3.61% Cu-Eq over 8.15m
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - NINE MILE METALS LTD. (CSE: NINE) (OTCQB: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce it has received certified assays for drill hole WD-24-03 at The Wedge VMS Drill Target situated in the renowned Bathurst Mining Camp (BMC), New Brunswick.
May 29, 2024 08:01 ET
Worksport Secures New U.S. Patent For Innovative Solar Truck Cover
West Seneca, New York--(Newsfile Corp. - May 29, 2024) - Worksport Ltd. (NASDAQ: WKSP), a key U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is announcing that it has been issued a new utility patent from the United States Patent & Trademark Office related to its highly anticipated SOLIS Solar Tonneau Cover.
May 29, 2024 08:00 ET
Burcon Launches High-Purity, Nutritionally Complete Canola Protein
A Sustainable, Plant-based Protein Ingredient Derived from Canola that Delivers an Exceptional Combination of Taste, Nutrition and Functionality
May 29, 2024 08:00 ET
Cannabis Bioscience International Holdings Engages StoneBridge Advisory for Comprehensive Company Valuation
Houston, Texas--(Newsfile Corp. - May 29, 2024) - Cannabis Bioscience International Holdings (OTC Pink: CBIH) announces the engagement of StoneBridge Advisory (stonebridgema.com) for CBIH's company valuation. The Colorado-based firm specializes in business valuations as well as mergers and acquisitions, boasting over three decades of experience in the industry. They represent businesses for sale, and their expertise lies in in-depth professional valuation reports that are IRS Revenue Ruling 59-60 compliant, and meet the Uniform Standards of Professional Appraisal Practice.
May 29, 2024 08:00 ET
EarthLabs Reports Results For The First Quarter of 2024
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0) ("EarthLabs" or the "Company") is pleased to announce the unaudited consolidated financial results for three months ended March 31, 2024 of the Company (the "Financial Results").
May 29, 2024 08:00 ET
Exploring Mining Podcast - Doing it Right with Cleaner Nickel; Interview with Alaska Energy Metals
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - May 29, 2024) - Investorideas.com, a global investor news source covering mining and metals stocks releases today's edition of Exploring Mining Podcast, featuring an exclusive follow-up video interview with host Cali Van Zant talking to Gregory Beischer, President and CEO of Alaska Energy Metals Corp (TSXV: AEMC) (OTCQB: AKEMF).
May 29, 2024 08:00 ET
Hemisphere Energy Announces 2024 First Quarter Results, Declares Quarterly Dividend, Renews Credit Facility, and Provides Operations Update
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") provides its financial and operating results for the first quarter ended March 31, 2024, declares a quarterly dividend payment to shareholders, renews credit facility, and provides operations update.
May 29, 2024 08:00 ET
Katipult Announces License Agreement with Leading Investment Dealer
Calgary, Alberta--(Newsfile Corp. - May 29, 2024) - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a leading Fintech provider of software for powering the exchange of capital in equity and debt markets, announced today that it has signed a license agreement with a major investment dealer to drive scalability, business process efficiencies, and enhanced customer experiences across its North American capital markets operations.
May 29, 2024 08:00 ET
Royal Road Minerals Provides Exploration Update for Its Jabal Sahabiyah Project, Kingdom of Saudi Arabia
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to provide an update on its exploration activities at the Jabal Sahabiyah project in the Kingdom of Saudi Arabia. Underlying rights to Jabal Sahabiyah are held by Royal Road Arabia ("RRA"). Royal Road Arabia is a Saudi Arabian joint-venture company owned on a 50-50% partnership basis by Royal Road and MIDU Company Limited (MIDU Company Limited "MIDU" is a part-owned Saudi Arabian subsidiary of MSB Holding Limited "MSB"; see Press Release June 1st, 2023. On May 7th MSB transferred its share ownership and its underlying rights and obligations under the Joint Venture Shareholder Agreement to MIDU).
May 29, 2024 08:00 ET
Universal PropTech Inc. Provides Xemoto Media Ltd. Corporate Update
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - Universal PropTech Inc. (TSXV: UPI.H) ("UPI" or the "Company") is pleased to announce that in connection with the previously announced proposed business combination (the "Transaction") with Xemoto Media Ltd. ("Xemoto") (see press release dated February 6, 2024), Xemoto plans to change its name to BrandPilot AI Inc. ("BrandPilot AI") on the completion of the Transaction as part of a strategic move designed to reflect its reshaped market approach from an agency model to a software company. Xemoto and UPI intend to combine forces under the new identity of BrandPilot AI, subject to shareholder approval at the annual general and special meeting of UPI's shareholders later this month, marking a significant milestone in the journey toward leading the AI-driven marketing revolution.
May 29, 2024 07:45 ET
STLLR Gold and Tlicho Investment Corporation Announce a Solar Farm Installation Agreement at the Colomac Gold Project
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) ("STLLR" or the "Company") and the Tłı̨chǫ Investment Corporation ("TIC"), the business arm of the Tłı̨chǫ Government, are pleased to announce funding from the Canadian Northern Economic Development Agency ("CanNor") for C$619,625 to support a two-year project to install a renewable energy generation and storage unit at the Colomac Gold Project in the Northwest Territories ("NWT"), Canada. The total project cost is C$774,543 including an investment from TIC.
May 29, 2024 07:30 ET
CanAlaska Assays Confirm High-Grade Uranium at Pike Zone on West McArthur Joint Venture
Drillhole WMA082-6 Intersected 9.6 metres at 14.9% U3O8 and Drillhole WMA082-4 Intersected 14.5 metres at 9.9% U3O8
May 29, 2024 07:30 ET
Seabridge Gold Releases Comprehensive 2023 Sustainability Report
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - Seabridge Gold (TSX: SEA) (NYSE: SA) today announced the release of its 2023 Sustainability Report. The full report may be found here. This document covers many aspects of sustainability, from enhancing the benefits of our exploration activities to our Treaty and First Nation partners to supporting the social and economic infrastructure essential to the well-being of our surrounding communities. The report provides insights into the sustainability challenges we face and the measures we are taking to meet those challenges.
May 29, 2024 07:30 ET
Transition Metals Validates Copper Porphyry Potential at Pike Warden Project, Yukon
Sudbury, Ontario--(Newsfile Corp. - May 29, 2024) - Transition Metals Corp. (TSXV: XTM) ("Transition", "the Company") is pleased to announce updates regarding ongoing geological studies, as well as provide an update on upcoming exploration plans for the Pike Warden project ("the Property"), Yukon. Petrographic and geochemical studies have further highlighted the prospectivity for porphyry style copper-molybdenum mineralization on the Property. The Pike Warden Project (Figure 1) is located in the traditional territory of Carcross/Tagish First Nation and is situated on the northern rim of the Bennett Lake Caldera Complex, one of the largest extinct volcanic centers in Canada.
May 29, 2024 07:00 ET
Final Conditions Precedent to Sale of New Zealand Assets Satisfied
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to report that further to its news release of April 30th, 2024 the purchaser has now obtained final approvals from New Zealand Petroleum & Minerals and as a result all conditions precedent have been met.
May 29, 2024 07:00 ET
Kirkland Lake Discoveries Provides Exploration Update and Commences Geochemical Soil Survey
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - Kirkland Lake Discoveries (TSXV: KLDC) (OTC Pink: KLKLF) ("Kirkland Lake Discoveries" or the "Company") is pleased to provide an update on the exploration strategy for the summer 2024 field season. The Company has commenced an extensive soil sampling program across large areas of KL West and KL East (Figure 1). Mapping, prospecting, and sampling of key areas following drill results from the Hurricane Intrusive Zone will also be initiated. Drilling intersected intense alteration and fluid pathways that indicate the presence of a strong system and tracing key interceptions and geochemical traps to surface will help to increase understanding of this prospective system.
May 29, 2024 07:00 ET
Medicus Pharma Ltd. Announces Filing of Registration Statement for Proposed Initial Public Offering in the United States
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - Medicus Pharma Ltd. (TSXV: MDCX) (FSE: N46) (the "Company") is pleased to announce that it has publicly filed a registration statement on Form F-1 (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of its securities in the United States. The proposed offering is for units consisting of common shares and warrants and the Company intends to list its common shares and warrants on a U.S. national securities exchange in conjunction with the offering. The number of securities to be offered and the price range for the proposed offering have not yet been determined. The offering is expected to occur after the SEC completes its review process, subject to market and other conditions.
May 29, 2024 07:00 ET
UGE International Ltd. Enters into Arrangement Agreement for Going-Private Transaction
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF) (the "Company" or "UGE") and NOVA Infrastructure Fund II, LP, through its affiliated purchaser entity 1000896425 Ontario Ltd. (the "Purchaser"), announced today that they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of the Company (the "Common Shares") pursuant to a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Transaction").
May 29, 2024 06:30 ET
Vext Announces Financial Results for Q1 2024
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) ("VEXT" or the "Company") a U.S.-based cannabis operator with vertical operations in Arizona and Ohio, today reported its financial results for the period ended March 31, 2024. All currency references used in this news release are in U.S. currency unless otherwise noted.


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