News Archives - Page 3 of 31

TuesdayDec 05, 2023 2:15 pm

ESGBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces Million-Dollar Development Financing, New Management Appointment

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in Western Canada specializing in the exploration, development and production of crude oil and natural gas, has successfully completed a $3 million GORR financing. According to the announcement, the GORR portion bears a 1% royalty on Prospera’s revenue from its Cuthbert properties and is repurchasable for $3.48 million in one year. The financing included an arms-length Purchase and Sale, Overriding Royalty Agreement and Agreement to Purchase Royalty for the sale of 1% royalty on Prospera's revenue from its Cuthbert properties with $1 million disbursed on closing;…

TuesdayNov 14, 2023 1:30 pm

ESGBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Releases Status Update to Ruby Graphite Project Initial Drill Program

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, announced the completion of its 2023 phase one drill program at its Montana-based Ruby Graphite Project. Highlights of the drill program include a total of 24 diamond drill holes being completed, totaling 3391 meters for the inaugural HQ-size drill program on the property with average drilling depth of only 141 meters because of the presence of graphitic carbon mineralization, and first-pass drilling tested an extended conductivity anomaly along an east-northeast striking marble, with plans to follow up on the areas that return the best Cg grades. In…

MondayNov 13, 2023 2:58 pm

ESGBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Catering to Global EV Industry Supply Chain

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2), a strategic minerals company, has centered its corporate mission around locating and developing economic properties within the advanced materials space to cater to the rapidly growing needs of the global electric vehicle industry supply chain. “In mid-August, Reflex Advanced Materials announced that it would be issuing 100,000 new common shares of its capital, the penultimate step needed to fulfil a mineral property option payment agreement the company had entered in 2021 for its Zigzag lithium project. Located near Crescent Lake, Ontario and consisting of eight mining claims totaling approximately 2,710 hectares, the Zigzag…

ThursdayNov 09, 2023 1:59 pm

ESGBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Releases Status Update on Development Update

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, announced that it has resumed phase 2 development of its horizontal infill drilling program. The company anticipates the horizontal infill drilling transformation from vertical wells will continue through winter. By working to bring this specific horizontal production online as quickly as possible, the company can sustain momentum and capitalize on the current strong oil price environment. According to the announcement, the first five horizontal wells that have been drilled performed higher than…

TuesdayNov 07, 2023 4:12 pm

ESGBreaks – American Resources Corporation (NASDAQ: AREC), Royalty Management Holding Co. (NASDAQ: RMCO) Complete Merger, Announce Commencement of Nasdaq Trading

American Resources (NASDAQ: AREC) is a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace. The company announced that the special purpose acquisition vehicle it had sponsored, American Acquisition Opportunity Inc., has successfully closed its acquisition of Royalty Management Co (“RMC”). Royalty Management Holding Co. (NASDAQ: RMCO, RMCOW), a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a sustainable market environment, announced its commencement of trading under the ticker RMCO and RMCOW, effective…

TuesdayNov 07, 2023 1:26 pm

ESGBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) to Present at Red Cloud’s 2023 Fall Mining Showcase

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has announced its participation at Red Cloud’s 2023 Fall Mining Showcase. The annual conference is slated to take place at the Sheraton Centre Toronto Hotel Nov. 7-8, 2023. Ucore’s chairman and CEO Pat Ryan will be presenting beginning at 4:20 p.m. EST on Nov. 8. Interested parties should visit https://ibn.fm/wk3MH for more details and/or to register for the event. To view the full interview, visit https://ibn.fm/38Hj4 About Ucore Rare Metals Inc. Ucore is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore’s…

FridayNov 03, 2023 2:31 pm

ESGBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Introducing a More America-Centric Structure for REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a strategic metals supply chain-focused enterprise, is dedicated to securing the supply of rare earth elements (“REEs”) vital to modern computer technologies in North America. “The production and refining of REEs are largely controlled by The People’s Republic of China on the global market, and international tensions have served as a reminder that China’s supply of REEs could become costly and difficult,” a recent article reads. “Ucore is working with U.S. municipal, state and federal government entities as well as Canadian municipal, provincial and federal government entities to advance the company’s facility in…

WednesdayNov 01, 2023 12:57 pm

ESGBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Reports on Q3 2023 Performance, Debt Financing

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, is reporting on its third-quarter production and financial results. According to the announcement, the company is steadily recovering production rates that had been impacted by adverse weather in earlier quarters, with PEI reaching gross peak rates of 770+ boe/d, with another 350 boe/d behind the pipe to be optimized. In addition, the report noted that phase 2 development drilling had begun during the quarter, which necessitated the temporary shut-in of the adjacent…

WednesdayOct 25, 2023 3:34 pm

ESGBreaks – IMARC 2023 to Showcase the Latest AI Applications and Strategies

IBN’s MiningNewsWire delves into trends in artificial intelligence (“AI”) in a recent article titled, “From Changing a Tire to Uncovering the Next Lode: How AI Is Revolutionizing the Mining Industry.” The piece discusses the mining industry’s positioning at the forefront of technological progress, with the adoption of AI in recent years emerging as a game changer, allowing for more efficient exploration, taking automation to new levels, generating greater yields, dramatically improving safety, and maximizing extraction, maintenance and operational performance. Featured within the publication are details surrounding the 2023 International Mining and Resources Conference (“IMARC”), which is taking place in Sydney,…

WednesdayOct 25, 2023 12:53 pm

ESGBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Featured in Bell2Bell Podcast

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company working to advance the next generation of high quality nickel sulphide projects to feed the high growth electric vehicle and stainless steel markets, was featured in the latest episode of the Bell2Bell Podcast, a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Mark Selby, CEO and director of Canada Nickel, joined the latest episode to discuss the company’s projects, including its recent news announcing the positive bankable feasibility study for its Crawford Nickel Sulphide Project. “It’s a major milestone for the company – $2.5 billion after-tax…

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