FPX Leverages Strong Cash Position for Share Buyback
FPX Nickel Corp. announced a Normal Course Issuer Bid (NCIB) to buy back up to 5 million common shares, approximately 2% of its public float, subject to TSX Venture Exchange approval. President and CEO Martin Turenne highlighted the company’s strong working capital of $36.7 million as a basis for this move, with the goal of […]
Electrovaya Provides a Shareholder Update including Unaudited Preliminary FY2024 Annual Financial Results and Positive Outlook for 2025
Electrovaya Inc. projects an unaudited FY2024 revenue of approximately $45 million with a 31% gross margin, alongside expectations for operating profit and improved adjusted EBITDA. For FY2025, revenue is anticipated to exceed $60 million, driven by renewed demand from major end users. The US EXIM Bank has approved a $51 million direct loan to support […]
RUA Gold Announces Plans for Share Consolidation
RUA GOLD ANNOUNCED PROPOSED SHARE CONSOLIDATION Rua Gold Inc. (TSXV: RUA) (OTC: NZAUF) (WKN: A4010V) (“RUA GOLD” or the “Company“) announces that the Board of Directors have approved a consolidation of the Company’s issued and outstanding common shares on the basis of six (6) pre-consolidation shares for one (1) post-consolidation share, subject to regulatory approval. […]
RUA GOLD Acquires Siren Gold’s Reefton Assets, Establishing Itself as the Leading Explorer in the Reefton Goldfield
RUA GOLD completes the acquisition of Siren Gold’s Reefton assets and becomes the dominant Reefton Goldfield explorer – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A4010V) (“RUA GOLD” or the “Company“) is pleased to announce the completion of the acquisition (the “Transaction”) of Reefton Resources Pty Limited (“Reefton”). Reefton was a 100% […]
Alaska Energy Metals Discovers Broad Zones Of Nickel With
Highlights: Alaska Energy Metals received assay results from three drill holes completed on the Canwell claim block at the Emerick, Odie and Upper Canwell prospects. Significant thicknesses of polymetallic mineralization were intersected including: CAN-24-001 (Emerick) – 56.5 meters @ 0.40% nickel equivalent (NiEq) (0.26% Ni, 0.62% Cr, 7.00% Fe, 0.012% Co, 0.01% Cu, 0.019 ppm Pd, 0.032 […]
Electrovaya Receives Follow On Orders for High Voltage Battery Systems from Global Aerospace and Defense Company Following Extensive Testing
Electrovaya Inc. announced a follow-on order for its Infinity-HV battery systems from a global aerospace and defense company, highlighting their strong performance in extensive testing for mission-critical off-road applications. CEO Dr. Raj DasGupta emphasized the product’s ability to meet extreme requirements, showcasing exceptional reliability. The Infinity-HV systems cater to heavy-duty, high-voltage applications, including defense and […]
VERSES Closes Second Tranche of LIFE Offering Bringing
VERSES AI Inc. announced the closing of its second tranche of the LIFE Offering, raising $512,800, following the first tranche of $2,903,850. The offering consists of LIFE Units priced at $0.50 each, comprising one Class A Subordinate Voting share and half a share purchase warrant. The proceeds will fund general operations and research, including the […]
Silicon Metals Corp. Grants Longworth and Silica Ridge Option Shares While Acquiring Silica Ridge Property
Silicon Metals Corp. Issues Longworth and Silica Ridge Option Shares and Acquires Silica Ridge Property – Silicon Metals Corp Silicon Metals Corp. (CSE:SI) has acquired 100% interest in the Silica Ridge Silica Project and the Longworth Silica Property by issuing shares and paying cash to Cronin Exploration Inc. For the Silica Ridge, the company issued […]
FPX Establishes Mich Property with Grades Comparable to Baptiste
FPX Nickel Corp. has announced positive results from its rock sampling program at the Mich property in the Yukon, expanding known awaruite mineralization and identifying new areas. The footprint of the Mich Central Zone now spans 2.2 km in length and 575 m in width, with nickel grades comparable to FPX’s Baptiste Nickel Project in […]
The Export-Import Bank of the United States (EXIM) Approves a direct loan in the amount of $50.8 million to fund Electrovaya’s Jamestown Lithium-Ion Battery Expansion
Electrovaya Inc. has secured a $50.8 million loan from the Export-Import Bank of the United States (EXIM) to support its Jamestown Battery Manufacturing Facility under the Make More in America initiative. This funding will cover equipment, engineering, and setup costs for producing Electrovaya’s proprietary lithium-ion ceramic cells, known for their longevity and safety. The facility […]