Author

admin

Browsing

Oreterra Metals Corp. (TSXV: OTMC,OTC:RMIOD) (OTCID: OTMCF) (FSE: D4R0) (‘Oreterra’ or the ‘Company’ formerly ‘Romios Gold Resources Inc.’) is pleased to announce that it has retained Generation IACP Inc. (‘GIACP’) to trade the common shares of the Company with the objective of contributing to market liquidity. The agreement remains subject to approval by the TSX Venture Exchange (‘TSXV’) and the services will be provided in compliance with the policies and guidelines of the TSXV, and applicable legislation.

Under the agreement, GIACP will receive a fee of C$8,500 plus applicable taxes per month. The initial term of the agreement is six months and the agreement will automatically renew for additional six-month periods unless Oreterra provides GIACP with written notice of termination at least 30 days prior to the end of the term or a renewal term. Commencing on the first anniversary of the agreement, the fee payable to GIACP will automatically increase annually by 3.0%. No stock options are being granted and no compensation other than as stated above is payable in connection with the engagement. GIACP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities. GIACP and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither GIACP nor its principals have an interest, directly or indirectly, in the securities of the Company. GIACP and its clients may acquire and hold a direct or indirect interest in the securities of Oreterra from time to time.

GIACP, established in 1998, is a Toronto-based, independently owned investment dealer providing innovative solutions for institutional, corporate and individual clients in Canada and abroad. GIACP is a registered broker and a member of the Canadian Investment Regulatory Organization, the TSX Venture Exchange, the Canadian Securities Exchange, and Cboe Canada, and is a Participating Organization as such term is defined in the rules and policies of the Toronto Stock Exchange.

About Oreterra Metals Corp.

Oreterra Metals Corp. (formerly ‘Romios Gold Resources Inc.’) is a TSXV-listed mineral exploration company focused primarily on gold, copper and silver. The Company has crafted an ambitious business plan to advance Oreterra, primarily by refocusing its efforts on achieving discoveries through the drill bit. The Company holds several wholly-owned porphyry copper-gold prospects in British Columbia’s Golden Triangle, the most significant of which is the Trek South prospect, upon which a range of geosciences applied to it in the period since 2022 including mapping, sampling, magnetic, IP and MT geophysical surveys, have delivered high-order, complementary results that all vector to the same conclusion: that the target area offers high discovery potential. A drill permit is in place and an updated NI 43-101 with plan and budget was released on January 22, 2026. Trek South is located adjacent to Teck-Newmont’s Galore Creek deposits, presently undergoing pre-feasibility studies, and is bisected by the road right-of-way thereto. First-ever drilling of Trek South is planned for the 2026 field season.

Additional wholly-owned interests include two former producers in Nevada: the Kinkaid claims in the Walker Lane trend covering numerous shallow Au-Ag-Cu workings over what is believed to be one or more porphyry centres (source: J. Biczok, P.Geo, June 2025, Kinkaid Gold-Copper-Silver Project, www.oreterra.com), and the Scossa mine property in the Sleeper trend which is a former high-grade gold producer (source: J. Biczok, P.Geo, July 2025, Scossa Historic Gold Mine Property, www.oreterra.com). The Company also holds a 100% interest in the large-scale Lundmark-Akow Lake Au-Cu property adjacent to the northwest of the Musselwhite Mine, where drilling by the Company has produced highly encouraging, broad VMS-style Au-Cu intersections. Oreterra also retains an ongoing interest in several properties including a 2% NSR on McEwen Mining’s Hislop gold property in Ontario and a 2% NSR on Enduro Metals’ Newmont Lake Au-Cu-Ag property in BC.

For further information visit www.oreterra.com or contact:

Kevin M. Keough  Stephen Burega
Chief Executive Officer  President
Tel: 613 622-1916  Tel: 647 515-3734
Email: kkeough@oreterra.com  Email: sburega@oreterra.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain ‘forward-looking statements’ which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as ‘believes’, ‘anticipates’, ‘expects’, ‘estimates’, ‘may’, ‘could’, ‘would’, ‘will’, or ‘plan’. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282956

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com

Rio Silver Inc. (‘Rio Silver’ or the ‘Company’) (TSX-V: RYO | OTC: RYOOF) is providing geological and operational context for its Maria Norte Project by discussing its location within the same regional mineralized corridor as the adjacent Tangana Mining Unit, operated by Silver X Mining Corp., based on publicly available disclosures and technical reporting.

The Company believes this context is useful in illustrating the proven endowment of the district, while noting that mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Company’s property.

District Context and Structural Setting

Maria Norte hosts multiple mapped mineralized structures, including the Castor , the Maria, the Pamela and Jess Veins, and additional prominent vein and vein splays, together with approximately 500 metres of the Las Animas vein set, which is also mapped within SilverX’s West Tangana area. These vein systems occur along the same regional structural corridor and lie approximately 600 metres from vein extensions currently comprising SilverX’s Tangana Mining Unit, separated by a regional fault.

Mineralized exposures traced at Maria Norte to date, extending up to approximately 1,000 metres to date, show elevated silver and gold values with lesser lead and zinc, consistent with a silver-dominant vein system. By comparison, the Tangana area historically operated as a lead-zinc mining camp between 1960 and 1975, during which approximately 234,098 tonnes were extracted from four principal vein sets across a combined horizontal extent of approximately 2.5 kilometres and a vertical range of approximately 960 metres, as disclosed by SilverX.

At Maria Norte, evidence of a rumoured historic tunnel or adit of approximately 400 metres is supported by the presence of a reclaimed waste dump. A single independent reference sample collected from this dump returned 12.7 ounces per tonne silver and 2.194 g/t gold. This material was historically discarded as uneconomic under previous operating conditions. This sample is not representative of mineralization at Maria Norte and should not be relied upon.

The Maria Vien metallurgical sampling locations

Adjacent Property and Economic Study Disclosure

Rio Silver controls a portion of the Tangana West vein system within the Maria Norte Project area, however the Company has not completed any economic study, including a Preliminary Economic Assessment, on this portion of the project. Silver X Mining Corp., which operates adjacent mining units within the same regional mineralized corridor, has completed a NI 43-101–compliant Preliminary Economic Assessment covering its Tangana Mining Unit (reference p. 82). That study is referenced herein solely to provide geological and operational context within the district. Information derived from Silver X’s technical report is not indicative of mineralization, mineral resources, mineral reserves, or economic outcomes on Rio Silver’s property and should not be relied upon.

Exploration and Development Opportunity

Maria Norte has been held for approximately 18 years by prior operators, during which time exploration activity was limited primarily to surface mapping and selective sampling. Several exposed veins and vein splays remain undocumented by modern exploration methods. Subject to access and permitting, the Company plans to advance systematic surface mapping and sampling during the Q3 2026 dry season.

For context, SilverX has reported that its Tangana West area hosts multiple documented veins and vein splits adjacent to the same regional fault system. Within this corridor, Rio Silver controls approximately 500 metres of Las Animas vein outcrop mapped along approximately 1.5 kilometres of strike. Public disclosures by SilverX report vein widths and grades within the broader Tangana system; however, these data are provided for contextual purposes only and are not indicative of mineralization on Rio Silver’s property.

Management Commentary

‘Maria Norte sits within a proven silver district, and the structural setting gives us a compelling geological framework to work from,’ said Chris Verrico, Chief Executive Officer of Rio Silver. ‘What excites us is not only the extent of underexplored ground relative to nearby operations, but the fact that much of this mineralization was historically overlooked when silver and gold prices were a fraction of where they are today. Material that was once disregarded under past economic conditions may warrant a very different assessment in the current price environment. While adjacent mining activity provides valuable district context, our opportunity lies in advancing access to systematically evaluate what we believe is a rare opportunity to pursue high-impact development targets within a disciplined, capital-efficient framework.’

Moving Ahead

The Company’s near-term focus includes:

  • Finalizing remaining community access agreements
  • Completing access and portal preparation
  • Securingall necessary permits for development and mining,
  • Initiating adit development and commence driving a drift along the Maria vein
  • Advancing metallurgical, processing design, and technical studies

Why This Matters to Investors

For investors, Maria Norte offers exposure to a silver-dominant mineralized system within an established mining district, where nearby operations provide real-world geological and operational context. While each project is unique and outcomes cannot be inferred from adjacent properties, the combination of structural continuity, multiple vein systems, and limited modern exploration highlights the potential for meaningful upside as Rio Silver advances access, exploration and development, alongside metallurgy, and technical work. When paired with a staged, low-capex development strategy, this positions the Company for value creation as execution milestones are achieved.

Cautionary note: the potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a mineral resource at this time and that it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Qualified Person

Jeffrey Reeder, P.Geo., is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this news release. Mr. Reeder is a consultant to the Company and is not independent within the meaning of NI 43-101.

About Rio Silver Inc.

Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) is a Canadian resource company advancing high-grade, silver-dominant assets in Peru, the world’s second-largest silver producer. The Company is focused on near-term development opportunities within proven mineral belts and is supported by a seasoned technical and operational team with deep experience in Peruvian geology, underground mining, and district-scale exploration. With a clear development strategy and a growing portfolio of highly prospective silver assets, Rio Silver is establishing the foundation to become one of Peru’s next emerging silver producers.

Learn more at www.riosilverinc.com

Stay Connected with Rio Silver
Investors and stakeholders are encouraged to follow Rio Silver for the latest company updates, project milestones, and event announcements across the Company’s official social media channels:

    By following Rio Silver’s official channels, investors can stay informed as the Company advances its silver-dominant projects and executes on key development milestones.

    ON BEHALF OF Rio Silver INC.

    Chris Verrico
    Director, President and Chief Executive Officer

    To learn more or engage directly with the Company, please contact:
    Christopher Verrico, President and CEO
    Tel: (604) 762-4448
    Email: chris.verrico@riosilverinc.com
    Website: www.riosilverinc.com

    Cautionary Note Regarding Forward-Looking Information

    This news release contains ‘forward-looking statements’ within the meaning of applicable Canadian securities laws. Forward-looking statements include, but are not limited to, statements regarding anticipated development activities, underground access timing, permitting progress, community engagement, processing strategies, and the Company’s ability to advance toward potential production and cash flow. Forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements. Rio Silver undertakes no obligation to update such statements except as required by law.

    Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/26a913ae-e888-48a2-8bca-01b26cbfcd9d

    News Provided by GlobeNewswire via QuoteMedia

    This post appeared first on investingnews.com

    Tartisan Nickel Corp. (CSE: TN,OTC:TTSRF) (OTCQB: TTSRF) (FSE: 8TA) (‘Tartisan’ or the ‘Company’) is pleased to announce that the Company has appointed Colonel Jack Jacobs to Tartisan Nickel Corp’s. Board of Advisors.

    Jack Jacobs was born in Brooklyn, New York. He holds bachelor’s and master’s degrees from Rutgers University and entered the U.S. Army in 1966 as a Second Lieutenant through the ROTC program. He served as a platoon leader in the 82nd Airborne Division, executive officer of an infantry battalion in the 7th Infantry Division and commanded the 4th Battalion 10th Infantry in Panama. A member of the faculty of the US Military Academy, Jacobs taught international relations and comparative politics, and he was a member of the faculty of the National War College in Washington, DC.

    He was in Vietnam twice, both times as an advisor to Vietnamese infantry battalions, earning three Bronze Stars, two Silver Stars and the Medal of Honor, the nation’s highest combat decoration. Jacobs retired as a Colonel.

    He was a founder and Chief Operating Officer of AutoFinance Group Inc, one of the firms to pioneer the securitization of debt instruments; the firm was subsequently sold to Key Bank. He was a Managing Director of Bankers Trust, where he ran foreign exchange options worldwide and was a partner in the institutional hedge fund business. Jacobs subsequently founded a similar business for Lehman Brothers.

    Jacobs is the co-chair of CapZone’s USA Fund, which funds projects of the defense industrial base, and he serves on several charitable boards of directors, including the Children of Fallen Patriots Foundation and the National Medal of Honor Museum Foundation. An on-air analyst for NBC News, he was a member of the team that produced the 2011 Murrow Award-winning Nightly News segment ‘Iraq: The Long Way Out.’ Colonel Jacobs is also the co-author of the memoir, If Not Now, When? , published by Penguin and winner of the Colby Award. His second work of non-fiction is Basic, released by St. Martin’s Press in 2012, and he was an Executive Producer of the series Ten Weeks, which aired on Roku.

    Mark Appleby, CEO of Tartisan Nickel states, ‘We welcome Colonel Jacobs to our Board of Advisors as we navigate our way in the Critical Minerals space with various government and corporate agencies. We look forward to working with Colonel Jacobs as we bring Tartisan Nickel Corp. to the next level in 2026 and beyond’.

    About Tartisan Nickel Corp.

    Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company which owns, the Kenbridge Nickel Project near Sioux Narrows, Northwestern Ontario, the Sill Lake Silver Project near Sault Ste. Marie, Ontario as well as the Night Danger Turtle

    Pond Project near Dryden, Ontario.

    Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE: TN,OTC:TTSRF) (OTCQB: TTSRF) (FSE: 8TA). Currently, there are 152,215,641 shares issued and outstanding (156,287,356 fully diluted).

    For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

    This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

    The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282735

    News Provided by TMX Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (OTCQB: STTDF) (FSE: 9SU0) (‘Standard Uranium’ or the ‘Company’) is pleased to announce that mobilization is underway for the maiden diamond drilling campaign at its Corvo Uranium Project (‘Corvo’ or the ‘Project’), located in the eastern Athabasca Basin region. The winter 2026 program will focus on the Manhattan Showing, an area characterized by significant surface mineralization with outcrop grab samples returning up to 8.10% U3O8 along a NE-SW trending electromagnetic (‘EM’) corridor coincident with low-density anomalies.

    The Project is currently under a three-year earn-in option agreement (the ‘Option Agreement‘) with Aventis Energy Inc. (‘Aventis‘) (CSE: AVE). Pursuant to the Option Agreement, Aventis has been granted an option (the ‘Option‘) to earn a 75% interest in the Project by funding CAD$6M in exploration expenditures over three years, with the inaugural drill program beginning next week.

    2026 Corvo Drill Program Highlights

    • Mobilization & Site Access Initiated: Base Diamond Drilling personnel have commenced road construction to establish property access. The drilling crew is currently finalizing preparations and is scheduled to be enroute to the site by the end of this week.
    • High-Priority Shallow Drill Targets Identified: The drill program will comprise approximately 3,000 metres of skid-supported diamond drilling, partitioned across eight (8) to ten (10) drill holes. Operations will focus on high-priority uranium targets, which were rigorously refined through integration and interpretation of the Company’s 2025 high-resolution geophysical surveys and historical data.
    • Drilling to Test High-Grade Manhattan Showing: For the first time, the Company will drill test the Manhattan Showing, which returned a maximum surface sample grade of 8.10% U3O81. This priority target is characterized by a confluence of mineralization, EM conductors, and newly defined density anomalies – classic signatures of Athabasca-style uranium mineralization. Additionally, the upcoming program is designed to explore the untapped potential of the northwestern EM corridor, which extends along strike from the showing for several kilometres.

    ‘Getting the drills turning at Corvo is a major milestone for Standard and our partners at Aventis Energy, notably as we will test the high-grade Manhattan Showing at depth,’ said Sean Hillacre, President & VP Exploration. ‘By combining the surface mineralization of 8.10% with our newly defined gravity lows and EM conductors, we have clear, high-priority targets that fit the classic signature of unconformity-related uranium deposits. With the support of our partners at Aventis, our team is eager to see what this northwestern corridor holds as we apply a rigorous, discovery-focused approach to this inaugural program.’

    Figure 1. Regional map of the Corvo Project. The Project is located 60 km due east of Cameco’s McArthur River mine and 45 km northeast of Atha Energy’s Gemini Mineralized Zone (‘GMZ’).

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/10633/282777_9b4d1b02a463cbc6_001full.jpg

      

    Figure 2. Summary map showing EM conductor trends on the Corvo project and highlighting the Manhattan Showing, with Reduced-To-Pole Total Magnetic Intensity in the background.

    To view an enhanced version of this graphic, please visit:
    https://images.newsfilecorp.com/files/10633/282777_9b4d1b02a463cbc6_002full.jpg

    Qualified Person Statement

    The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of the Company and a ‘qualified person’ as defined in NI 43-101 – Standards of Disclosure for Mineral Projects.

    Samples collected for analysis were sent to SRC Geoanalytical Laboratories in Saskatoon, Saskatchewan for preparation, processing, and ICP-MS or ICP-OES multi-element analysis using total and partial digestion and boron by fusion. Radioactive samples were tested using the ICP1 uranium multi-element exploration package plus boron. All samples marked as radioactive upon arrival to the lab were also analyzed using the U3O8 assay (reported in wt.%). SRC is an ISO/IEC 17025:2005 and Standards Council of Canada certified analytical laboratory. Blanks, standard reference materials, and repeats were inserted into the sample stream at regular intervals in accordance with Standard Uranium’s quality assurance/quality control (QA/QC) protocols. All samples passed internal QA/QC protocols and the results presented in this release are deemed complete, reliable, and repeatable.

    Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization.

    Natural gamma radiation from rocks reported in this news release was measured in counts per second (‘cps’) using a handheld RS-125 super-spectrometer and RS-120 super-scintillometer. Readers are cautioned that scintillometer readings are not uniformly or directly related to uranium grades of the rock sample measured and should be treated only as a preliminary indication of the presence of radioactive minerals. The RS-125 and RS-120 units supplied by Radiation Solutions Inc. (‘RSI’) have been calibrated on specially designed Test Pads by RSI. Standard Uranium maintains an internal QA/QC procedure for calibration and calculation of drift in radioactivity readings through three test pads containing known concentrations of radioactive minerals. Internal test pad radioactivity readings are known and regularly compared to readings measured by the handheld scintillometers for QA/QC purposes.

    References

    1 News Release: Standard Uranium Confirms High-Grade Uranium Mineralization up to 8.10% U3O8 at Surface on the Corvo Project, https://standarduranium.ca/news-releases/standard-uranium-confirms-high-grade-uranium-mineralization-at-surface-on-the-corvo-project/

    *The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8 to be ‘high-grade’.

    **The Company considers radioactivity readings greater than 65,535 counts per second (cps) on a handheld RS-125 Super-Spectrometer to be ‘off-scale’.

    ***The Company considers radioactivity readings greater than 300 counts per second (cps) on a handheld RS-125 Super-Spectrometer to be ‘anomalous’.

    About Standard Uranium (TSXV: STND,OTC:STTDF)

    We find the fuel to power a clean energy future

    Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in one of the world’s premier uranium districts. The Company holds interest in over 241,652 acres (97,793 hectares) in the Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.

    Standard Uranium’s Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly under-tested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.

    Standard Uranium’s eastern Athabasca projects comprise over 53,166 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.

    Standard Uranium’s Sun Dog project, in the northwest part of the Athabasca Basin, Saskatchewan, is comprised of nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity hosted uranium deposits yet remains largely untested by sufficient drilling despite its location proximal to uranium discoveries in the area.

    For further information contact:

    Jon Bey, Chief Executive Officer, and Chairman

    Suite 3123, 595 Burrard Street
    Vancouver, British Columbia, V7X 1J1

    Tel: 1 (306) 850-6699
    E-mail: info@standarduranium.ca

    Cautionary Statement Regarding Forward-Looking Statements

    This news release contains ‘forward-looking statements’ or ‘forward-looking information’ (collectively, ‘forward-looking statements’) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: the timing and content of upcoming work programs; geological interpretations; timing of the Company’s exploration programs; and estimates of market conditions.

    Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the ‘Risks and Uncertainties’ in the Company’s management discussion and analysis for the fiscal year ended April 30, 2025.

    Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company’s actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: that the transaction with Aventis will proceed as planned; the future price of uranium; anticipated costs and the Company’s ability to raise additional capital if and when necessary; volatility in the market price of the Company’s securities; future sales of the Company’s securities; the Company’s ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company’s mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions.

    The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

    Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282777

    News Provided by TMX Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    (TheNewswire)

     

    Vancouver, Canada TheNewswire – February 05, 2026 Spartan Metals Corp. (‘Spartan’ or the ‘Company’) (TSX-V: W OTCQB: SPRMF | FSE: J03) is pleased to announce that within its recently staked land expansion of the Tungstonia Claim block at its 100% owned Eagle Project in eastern Nevada, included the acquisition of the past producing(1) Yellow Jacket Tungsten Mine on the historic Yellow Jacket Claims. The Yellow Jacket Tungsten Mine is located approximately 2 kilometers (km) E-NE of the legacy Tungstonia Mine (Figure 1).

     

    Rebecca Ball, Spartan’s VP of Exploration, states, ‘Acquiring an additional, past producing tungsten mine in the district is an exciting development for Spartan as it allows the team to evaluate and explore both the vein system at Tungstonia and skarn type mineralization potential at Yellow Jacket. Our geologic work continues to expand the footprint of tungsten mineralization at the Eagle Project that commonly exceeds 1.0% WO3. The higher-grade material that was historically produced from the Yellow Jacket Tungsten Mine combined with the known production from our Tungstonia and Rees tungsten mines indicates a significant tungsten endowment in the district, and we are focused on expanding this district-scale exploration project.’

     

    The Yellow Jacket Claims were historically mined as a skarn style deposit with scheelite mineralization hosted within the favorable Guilmette Formation carbonates along the contact with the Tungstonia Pluton. The Guilmette is also in contact with the Tungstonia Pluton at the Rees Mine with known scheelite mineralization and along the southern edge of the Tungstonia Pluton where Spartan recently identified a large tungsten soil anomaly (Figures 1 and 2). The presence of this large tungsten soil anomaly at this favorable contact and its similarity to the Yellow Jacket and Rees mines suggests the potential for strong, skarn type mineralization at the newly identified tungsten target in the southeast portion of the Tungstonia Claim block. Similar projects hosted in Guilmette formation are Kinross’s Alligator Ridge and Bald Mountain deposits and Ridgeline Minerals Selena project as a few among many others in Nevada.

     

    The Yellow Jacket Tungsten Mine operated between 1943-1944 producing material averaging 1.12% WO3 that was shipped directly from the Yellow Jacket Claims (2). Two mineralized zones are presently known; an eastern zone that extends for about 100 meters (m) along strike with an unknown thickness and a western zone that extends for at least 335m and opens into an approximate 1m x 10m deep shaft (Figure 3). Exploration activities ceased at Yellow Jacket as government purchase programs for tungsten were discontinued, although the War Minerals Report (2) noted ‘the property is a promising prospect’ and that additional development work is required.

     

    Planned activities for 2026 include:

     

    • Additional soil sampling over the newly staked ground at Tungstonia (including at Yellow Jacket), 

    • Geophysics over the entire Tungstonia Claim block and, 

    • Diamond core drilling of high potential targets. 

      


    Click Image To View Full Size

    Figure 1: Tungstonia surface geology with tungsten soil density map showing the Yellow Jacket Tungsten Mine hosted in the Guilmette Formation with cross section line progressing through the previously reported tungsten soil anomaly. The close relationship and consistent WO3 grades at or above 1.0% illustrate high potential district scale exploration.

     


    Click Image To View Full Size
    Figure 2: A-A’ Cross Section at Tungstonia claim block showing the relationship between the Yellow Jacket Tungsten Mine and previously reported tungsten soil anomaly.


    Click Image To View Full Size

    Figure 3: Yellow Jacket Shaft

     

    About The Eagle Project

    The Eagle Project presents a unique opportunity to delineate one of the largest and highest-grade Tungsten (‘W’) and Rubidium (‘Rb’) districts in the United States. The Project consists of the past-producing (1) high-grade Tungstonia, Yellow Jacket, and Rees/Antelope tungsten (W-Cu-Ag) mines. Operations at these mines were from 1915 to 1942 with intermittent small-scale production occurring until 1956. Tungsten production from these mines totaled 8,379 units at grades between 0.6%-0.9% WO3 (3).

     

    1. (1)A Qualified Person has not completed sufficient work to classify any historical estimates as current mineral resources or mineral reserves, and the Company is not treating any historical estimates as current mineral resources or reserves. Further work, including drilling and verification, will be required to evaluate the potential of the Eagle Project. 

    2. (2)Hobbs S.W., 1944 War Minerals Report #224, Wartime Studies by the US Bureau of Mines 

    3. (3)Nevada Bureau of Mines and Geology (1988), Bulletin 105 p213-217 

     

    The Project is ~36.5 km² in size and located approximately 120 kilometers northeast of the town of Ely, in the Kern Mountains of White Pine County, Nevada. The Project covers 9,033 acres consisting of 445 Bureau of Land Management (BLM) unpatented lode mining claims. 

     

    Three deposit types are present at Eagle; Porphyry, Skarn, and Carbonate Replacement (CRD) that contain significant or anomalous grades of Tungsten (W), Silver (Ag), and Rubidium (Rb) plus Cu-Sb±Au-Pb-Zn-Bi-As across three project focus areas that also includes the potential to recover W-Rb-Ag from the legacy Tungstonia Mill Tailings.

     

    The technical information contained in this news release has been prepared under the supervision of, and approved by Brett R. Marsh, CPG. Mr. Marsh is President and CEO of Spartan Metals Corp. and a ‘qualified person’ as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

     

    About Spartan Metals Corp.

    Spartan Metals is focused on developing critical minerals projects in well-established and stable mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic.

     

    Spartan’s flagship project is the Eagle Project in eastern Nevada that consists of the highest-grade historic tungsten resource in the USA (the past-producing Tungstonia Mine) along with significant under-defined resources consisting of: high-grade silver; rubidium; antimony; bismuth; indium; as well as precious and base metals. More information about Spartan Metals can be found at www.SpartanMetals.com  

     

    On behalf of the Board of Spartan

    ‘Brett Marsh’

    President, CEO & Director

     

    Further Information:

    Brett Marsh, M.Sc., MBA, CPG

    President, CEO & Director

    1-888-535-0325

    info@spartanmetals.com

     

    Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release

     

    Forward Looking Statements

    This news release contains statements that constitute ‘forward-looking statements.’ Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘intends,’ ‘estimates,’ ‘projects,’ ‘potential’ and similar expressions, or that events or conditions ‘will,’ ‘would,’ ‘may,’ ‘could’ or ‘should’ occur. Forward-Looking Information in this news release, Spartan has applied several material assumptions, including, but not limited to, assumptions that: the current objectives concerning the Company’s projects can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner.

     

    Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements.

     

    Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of the Company to implement its business strategies; competition; the ability of the Company to obtain and retain all applicable regulatory and other approvals and other assumptions, risks and uncertainties.

     

    THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

    Copyright (c) 2026 TheNewswire – All rights reserved.

    News Provided by TheNewsWire via QuoteMedia

    This post appeared first on investingnews.com

    // Not for distribution to the United States newswire services or for dissemination in the United States //

    Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) (‘Copper Quest’ or the ‘Company’) is pleased to announce that further to its news release dated January 26, 2026, it has increased and closed its previously announced non-brokered private placement for total gross proceeds of $2,099,890 (the ‘Offering’) through the issuance of 16,513,000 units (each, a ‘Unit’) at a price of $0.13 per Unit.

    Each Unit consists of one (1) common share in the capital of the Company (a ‘Share‘) and one Share purchase warrant, whereby each Share purchase warrant (a ‘Warrant‘) shall be convertible into an additional Share (a ‘Warrant Share‘) at an exercise price of C$0.165 per Warrant Share. Each Warrant shall expire on the date that is two (2) years following the date of issuance (the ‘Expiry Date‘). The Expiry Date of the Warrants may be accelerated if the closing price of the Shares on any Canadian stock exchange equals or exceeds $0.50 for ten (10) consecutive trading days at any time following the date that is four months and one day after the date of issue of the Warrants, such that the Warrants shall expire on the date which is 30 calendar days following the date a news release is issued by the Company announcing the accelerated expiry date of the Warrants.

    Proceeds from the Private Placement are intended for exploration activities and general working capital purposes. Closing of the Private Placement is subject to the receipt of all necessary regulatory and other approvals. Fees of $113,405.28 are to be paid and 872,348 finder’s warrants issued (the ‘Finder’s Warrants‘) to certain finders in connection with the Offering. Each Finder’s Warrant is exercisable into one Share for a period of (2) two years after the date of issuance at an exercise price of $0.165 and includes the same accelerator provision.

    All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after the date of issuance, as set out in National Instrument 45‐102 – Resale of Securities.

    The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’), or any state securities laws, and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

    Stock Option Grant

    The Company also announces it has granted an aggregate of 3,250,000 stock options (collectively, the ‘Options‘) to a director, officer, and certain consultants of the Company, for the purchase of up to 3,250,000 common shares in the capital of the Company pursuant to the Company’s Stock Option Plan.

    The Options are exercisable for a period of 5 years at an exercise price of $0.15 per Share and vest immediately. The Options and underlying Shares will be subject to a four month hold period in accordance with the policies of the CSE.

    About Copper

    Copper is an essential industrial metal at the heart of the global energy transition and modern infrastructure. It plays a critical role in electrification, renewable energy systems, electric vehicles, data centers, and smart technologies. With global demand rising and new supply challenged by declining grades, complex permitting, and underinvestment, the copper market faces persistent deficits and growing geopolitical scrutiny. Recent U.S. policy announcements, including import tariffs and initiatives to secure domestic and allied supply chains, underscore copper’s strategic importance and the need for resilient, localized resource exploration, development, production and processing capacity.

    About Copper Quest

    The company’s land holdings comprise 7 projects that span over 45,000 hectares in great mining jurisdictions of Canada and the USA. Copper Quest is committed to building shareholder value through acquisitions, discovery-driven exploration, and responsible development of its North American critical mineral portfolio of assets. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at www.copper.quest.

    Copper Quest has a 100% interest in the past-producing Alpine Gold Mine located approximately 20 kilometers northeast of the City of Nelson British Columbia, spanning 4,611.49 hectares with a 2018 National Instrument 43-101 Standards of Disclosure for Mineral Projects historical inferred resource of 268,000 tonnes, estimated using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au, that represents an inferred resource of 142,000 oz of gold (McCuaig & Giroux, 2018)*. Apart from the Alpine Mine itself the property hosts 4 other less explored significant vein systems including the past-producing King Solomon vein workings, the Black Prince and the Cold Blow veins system, and the Gold Crown vein system. *The Company has not yet completed sufficient work to verify the 2018 historic inferred resource results.

    Copper Quest has a 100% interest in the road accessible Stars Porphyry Copper-Molybdenum Property, spanning 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt with Tana Zone discovery drill intersection highlights of 0.466% Cu over 195.07m* in drill hole DD18SS004 from 23.47m, 0.200% Cu over 396.67m* in drill hole DD18SS010 from 29.37m, and 0.205% Cu over 207.27m* in drill hole DD18SS015 from 163.98m. This highly prospective, approximately 5 X 2.5 kilometer annular magnetic anomaly is interpreted to represent an altered monzonite intrusion and surrounding hornfels.

    Copper Quest has a 100% interest in the road accessible Kitimat Copper-Gold Property, spanning 2,954 hectares within the Skeena Mining Division of northwestern British Columbia located northwest of the deep-water port community of Kitimat, British Columbia. The property benefits from exceptional infrastructure, being within 10 km of tidewater, 1.5 km of rail, and 6 km of high-voltage hydroelectric transmission lines. Exploration on the Kitimat property dates to the late 1960s, with the most significant historical work conducted by Decade Resources Ltd. (2010), which completed 16 diamond drill holes totaling 4,437.5 meters in the Jeannette Cu-Au Zone, and drill intersection highlights of 1.03 g/t Au, 0.54% Cu over 117.07 m in Hole J-7 from 1.52 m, 1.00 g/t Au, 0.55% Cu over 103.65m in Hole J-1 from 9.15 m, 0.80 g/t Au, 0.45% Cu over 107.01m in Hole J-2 from 6.10 m, and 0.41 g/t Au, 0.33% Cu over 112.20m in Hole J-8 from 11.89 m.

    Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, USA, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and consists of 70 unpatented federal lode claims covering 585 hectares.

    Copper Quest has a 100% interest in the road accessible Stellar Property, spanning 5,389-hectares in British Columbia’s Bulkley Porphyry Belt contiguous to the Stars Property.

    Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern British Columbia spanning over 20,658 hectares with 10 priority targets identified demonstrating significant copper and precious metal mineralization potential.

    Copper Quest has an earn-in option of up to 80% and joint-venture agreement on the road accessible Rip Porphyry Copper-Molybdenum Project, spanning 4,700-hectares located in the Bulkley Porphyry Belt in central British Columbia.

    On behalf of the Board of Copper Quest Exploration Inc.

    Brian Thurston, P.Geo.
    Chief Executive Officer and Director
    Tel: 778-949-1829

    For further information contact:
    Investor Relations
    info@copper.quest

    https://x.com/CSECQX
    https://ca.linkedin.com/company/copper-quest

    Forward Looking Information

    This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, the planned use of proceeds of the Private Placement, and future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

    The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

    News Provided by GlobeNewswire via QuoteMedia

    This post appeared first on investingnews.com

    For at least two decades, former Amazon executive Dave Clark ended his work week the same way: a standing Friday date night with his wife, Leigh Anne.

    Over dinner, the Clarks would talk through the “peak and pit” of their weeks. The ritual often revolved around Amazon, where Clark played a central role in building the logistics infrastructure that helped launch the e-commerce era.

    During those years, Leigh Anne was a sounding board for her husband. In the process, she had a front-row seat to Amazon’s growth from what she called “a baby to a behemoth.”

    By the time Clark left Amazon in 2022, he was CEO of the Worldwide Consumer division and one of billionaire founder Jeff Bezos’ top lieutenants.

    Dave Clark at Auger headquarters Monday.David Jaewon Oh for NBC News

    But these days, Fridays for the Clarks look very different.

    Their dinner date has morphed into afternoon cocktails — a bourbon with Diet Coke for her and a Manhattan for him. And the conversation isn’t focused on Amazon anymore. It’s about Auger, the supply-chain startup they run together.

    In their first joint interview from Auger’s Seattle office, the Clarks described how their marriage and complementary skill sets are shaping the company.

    “We’ve been together for so long that we kind of just read each other’s minds,” Leigh Anne said. Working together, she said, “felt like a natural fit.”

    This post appeared first on NBC NEWS

    The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly discriminating against white workers.

    The agency that polices discrimination in the workplace filed an action in federal court in Missouri to compel the publicly traded athletic shoe and apparel giant to produce information in response to a subpoena the agency served on the company last fall, according to court filings reviewed by NBC News.

    The EEOC said it was investigating allegations that the company’s mentorship and training programs and its personnel decisions gave nonwhite employees preferential treatment that amounts, according to the agency, to discrimination against white workers.

    Nike is the world’s largest sportswear and apparel company, with nearly 80,000 employees and revenues of around $51.4 billion in 2024.

    The allegations were not made by workers at Nike who believed they had been the targets of unfair treatment, however, as is typically the case in EEOC investigations.

    Instead, the court filings show that this case stems from a commissioner’s charge brought by then-commissioner Andrea Lucas herself in May 2024, and based on publicly available information such as Nike’s own annual “Impact Reports” and information on its public website.

    The EEOC’s request that a judge enforce the subpoena is the latest instance of the Trump administration using a federal agency that is typically charged with preventing and responding to discrimination against nonwhite Americans, and deploying it instead to protect what it says are the underrepresented interests of white people.

    Nike has objected in court to many of the EEOC’s demands to documents over the last several months, arguing that they are vague, overly broad, and seek information dating back to well before the period in question.

    “This feels like a surprising and unusual escalation,” a Nike spokesperson said. “We have had extensive, good-faith participation in an EEOC inquiry into our personnel practices, programs, and decisions and have had ongoing efforts to provide information and engage constructively with the agency.”

    The spokesperson added that Nike has shared “thousands of pages of information and detailed written responses” in connection with the agency’s inquiry and said the company is in the “process of providing additional information.” Nike will respond to the agency’s petition, the spokesperson said.

    Lucas was appointed chair of the EEOC by President Donald Trump in November 2025 after serving as a commissioner since 2020, when the president nominated Lucas to the agency.

    The agency said it filed the subpoena enforcement action after “first attempting to obtain voluntary compliance with its investigative requests.”

    This post appeared first on NBC NEWS

    ~ Previously announced Light-Duty divestiture providing non-dilutive capital that strengthens Westport’s cash position~

    Westport Fuel Systems Inc. (‘Westport’) (TSX:WPRT Nasdaq: WPRT), a supplier of alternative fuel systems and components for the global transportation industry, today announced that it has received $6.5 million (Euro 5.5 million) as part of its previously announced sale of the Light-Duty segment. The escrow payment was triggered under the terms of the sale agreement following the achievement of a defined post-closing milestone.

    ‘This milestone payment reflects continued progress in the post-closing steps of our Light-Duty business divestiture,’ said Elizabeth Owens, Chief Financial Officer at Westport. ‘While additional payments are expected as the transaction phases are completed, this interim payment strengthens our cash position today to support ongoing operations and our strategic initiatives. We remain disciplined in executing the remaining elements of the divestiture process along with our ongoing operational efficiency improvements.’

    Additional information relating to the Light-Duty divestiture can be found in news releases posted on Westport’s website HERE.

    About Westport
    Westport is a technology and innovation company connecting synergistic technologies to power a cleaner tomorrow. As a leading supplier of affordable, alternative fuel, low-emissions transportation technologies, we design, manufacture, and supply advanced components and systems that enable the transition from traditional fuels to cleaner energy solutions.

    Our proven technologies support a wide range of clean fuels – including natural gas, renewable natural gas, and hydrogen – empowering OEMs and commercial transportation industries to meet performance demands, regulatory requirements, and climate targets in a cost-effective way. With decades of expertise and a commitment to engineering excellence, Westport is helping our partners achieve sustainability goals—without compromising performance or cost-efficiency – making clean, scalable transport solutions a reality.

    Westport is headquartered in Vancouver, Canada. For more information, visit Westport.com.

    Cautionary Note Regarding Forward Looking Statements
    This press release contains forward-looking statements, including statements regarding the receipt and timing of additional milestone-based payments related to the divestiture of our Light-Duty business, the impact of the Euro 5.5 million escrow release disclosed herein, expectations regarding our cash position, and our ongoing operational and strategic initiatives, including efficiency improvements. These forward-looking statements are neither promises nor guarantees but involve known and unknown risks and uncertainties and are based on both the views of management and assumptions that may cause actual results to differ materially from those expressed or implied. These risks, uncertainties and assumptions include those related to the completion of remaining post-closing obligations connected to the Light-Duty divestiture, the timing and satisfaction of conditions required for any additional milestone payments, general economic conditions of and access to the capital and debt markets, solvency, governmental policies and regulation, foreign exchange rate fluctuations, supply-chain factors and other risks and assumptions described in our most recent Annual Information Form and other filings with securities regulators. Readers should not place undue reliance on any such forward-looking statements, which speak only as of the date of publication. We disclaim any obligation to publicly update or revise such statements to reflect any change in our expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in these forward looking statements except as required by National Instrument 51-102. The contents of any website, RSS feed or twitter account referenced in this press release are not incorporated by reference herein.

    Contact Information
    Westport Investor Relations
    T: +1 604-718-2046

            

    News Provided by GlobeNewswire via QuoteMedia

    This post appeared first on investingnews.com

    Kobo Resources Inc. (‘ Kobo ‘ or the ‘ Company ‘) ( TSX.V: KRI ) is pleased to announce that it has closed its previously announced non-brokered private placement of common shares (the ‘ Common Shares ‘) for gross proceeds of $287,491.80 (the ‘ Offering ‘). Pursuant to the Offering, Rockstone Drilling Inc., a drilling services provider that has supported the Company’s exploration activities since 2023, has subscribed for 958,306 Common Shares at a price of $0.30 per Common Shares pursuant to an exemption from the prospectus requirements in accordance with National Instrument 45-106 Prospectus Exemptions. The Common Shares are subject to a statutory hold period until June 4, 2026.

    Edward Gosselin, CEO and Director of Kobo Resources, commented: ‘We appreciate the continued support from Rockstone Drilling, who has been an important operational partner at Kossou since 2023. Their participation in this financing reflects alignment with our ongoing exploration programs and provides additional flexibility as we advance drilling activities in 2026.’

    The Company intends to use the net proceeds of the Offering for general corporate and working capital purposes.

    The Common Shares have not been registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the ‘United States’ or ‘U.S. persons’ (as such terms are defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or compliance with an exemption from such registration requirements. This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction.

    About Kobo Resources Inc.

    Kobo Resources is a growth-focused gold exploration company with a compelling gold discovery in Côte d’Ivoire, one of West Africa’s most prolific gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

    With over 29,000 metres of diamond drilling, nearly 5,887 metres of reverse circulation (RC) drilling, and 7,100+ metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

    Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

    NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    Cautionary Statement on Forward-looking Information:

    This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements, including statements related to the exploration program of the Company. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable as at the date of this news release, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inherent risks involved win the exploration and development of mineral properties; unanticipated costs and expenses; the delay or failure to receive board, shareholder or regulatory approvals; and other risk factors listed from time to time in our documents filed with Canadian securities regulators on SEDAR+ at www.sedarplus.ca . There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20260204077644/en/

    For further information:

    Edward Gosselin
    Chief Executive Officer and Director
    1-418-609-3587
    ir@kobores.com

    Twitter: @KoboResources | LinkedIn: Kobo Resources Inc.

    News Provided by Business Wire via QuoteMedia

    This post appeared first on investingnews.com