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Latin Metals Announces Closing of Oversubscribed Private Placement for Gross Proceeds of $1.33 Million
Latin Metals Announces Closing of Oversubscribed Private Placement for Gross Proceeds of $1.33 Million

Yahoo

time20-05-2025

  • Business
  • Yahoo

Latin Metals Announces Closing of Oversubscribed Private Placement for Gross Proceeds of $1.33 Million

VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- Latin Metals Inc. ('Latin Metals' or the 'Company') - (TSXV: LMS) (OTCQB: LMSQF) is pleased to announce the closing of its previously announced non-brokered private placement (the 'Financing') for aggregate gross proceeds of $1,330,499.94, through the issuance of 12,095,454 units (each a 'Unit') at a subscription price of $0.11 per Unit. Each Unit consists of one common share in the capital of Latin Metals (each, a 'Share') and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one Share at a price of $0.20 per Share for a period of 36 months from the closing of the Financing. If the volume-weighted average price of the Company's Shares is greater than or equal to $0.30 for 15 consecutive trading days, the Company may accelerate the expiry date of the Warrants by providing written notice to the holder, in which case the warrants will expire 30 days from the date of such notice. In connection with the closing of the Financing, the Company paid finders fees on a portion of the Financing to Leede Financial Inc. consisting of a $37,870 cash commission and 344,272 finder's warrants, and to Haywood Financial Inc. consisting of a $3,850 cash commission and 35,000 finder's warrants. Each finder's warrant entitles the holder thereof to purchase one Share at a price of $0.11 per Share for a period of 12 months from the closing of the Financing. All securities issued by the Company pursuant to the Financing are subject to a hold period of four months and one day in Canada. The proceeds of the Financing are intended to fund exploration, generative work, and for general working capital. The closing of the Financing is subject to receipt of TSX Venture Exchange final Metals Inc. is a copper, gold and silver exploration company operating in Peru and Argentina under a prospect generator model, minimizing risk and dilution while maximizing discovery potential. With 18 projects, the company secures option agreements with major mining companies to fund exploration. Current option holders include AngloGold Ashanti (Organullo Gold Project) and Moxico Resources (Esperanza & Huachi Copper-Gold Projects). This approach provides early-stage exposure to high-value mineral assets. Latin Metals is actively seeking new strategic partners to advance its Metals recently presented and met with investors at two European investor events: 121 Mining Investment Conference – London (May 12–13, 2025) Deutsche Goldmesse – Frankfurt (May 16–17, 2025) Upcoming investor conferences include: The Mining Event – Quebec City (June 3–5, 2025) The Rule Symposium on Natural Resource Investing 2025 - Florida (July 7-11, 2025) These events provide key opportunities to showcase Latin Metals' progress and introduce its high-quality portfolio to new strategic and institutional Latin Metals on YouTube, X, Facebook, LinkedIn and Instagram to stay informed on our latest developments, exploration updates, and corporate news. On Behalf of the Board of Directors of LATIN METALS INC.'Keith Henderson'President & CEO For further details on the Company readers are referred to the Company's website ( and its Canadian regulatory filings on SEDAR+ at For further information, please contact: Keith Henderson Suite 890 - 999 West Hastings Street,Vancouver, BC, V6C 2W2E-mail: info@ Elyssia Patterson, VP Investor Relations Email: elyssia@ 778-683-4324 Neither 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 news news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, the anticipated content, commencement, timing and cost of exploration programs in respect of the Property and otherwise, anticipated exploration program results from exploration activities, and the Company's expectation that it will be able to enter into agreements to acquire interests in additional mineral properties, the discovery and delineation of mineral deposits/resources/reserves on the Properties, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as "pro forma", "plans", "expects", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the Company's Argentine projects in a timely manner, the availability of financing on suitable terms for the development, construction and continued operation of the Company projects, and the Company's ability to comply with environmental, health and safety laws. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development and mine development activities at the Properties, including the geological mapping, prospecting and sampling programs being proposed for the Properties (the "Programs"), actual results of exploration activities, including the Programs, estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, costs of production, capital expenditures, the costs and timing of the development of new deposits, the availability of a sufficient supply of water and other materials, requirements for additional capital, future prices of precious metals and copper, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays or the inability of the Company to obtain any necessary permits, consents or authorizations required, any current or future property acquisitions, financing or other planned activities, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities, risks related to joint venture operations, and risks related to the integration of acquisitions, as well as those factors discussed under the heading as well as those factors discussed under the heading 'Risk Factors' in the Company's annual management's discussion and analysis and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company's profile on the SEDAR+ website at Readers are cautioned not to place undue reliance on forward looking statements. Except as otherwise required by law, the Company undertakes no obligation to update any of the forward-looking information in this news release or incorporated by reference in to access your portfolio

Mines D'Or Orbec/Orbec Gold Mines to Attend 121 Mining Investment Conference in London
Mines D'Or Orbec/Orbec Gold Mines to Attend 121 Mining Investment Conference in London

Yahoo

time09-05-2025

  • Business
  • Yahoo

Mines D'Or Orbec/Orbec Gold Mines to Attend 121 Mining Investment Conference in London

Chibougamau, Quebec--(Newsfile Corp. - May 9, 2025) - Mines D'Or Orbec/Orbec Gold Mines (TSXV: BLUE) (OTC Pink: BLTMF) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in London. John Tait, CEO of Mines D'Or Orbec/Orbec Gold Mines will be presenting about the Company's recent and future planned activities. 121 Mining Investment London will be hosting over 110 mining companies and more than 650 sophisticated investors for two days of pre-arranged, targeted 1-2-1 meetings. Alongside the curated schedule of pre-booked meetings matching investors with appropriate projects, the conference programme will provide expert commentary and the latest market intelligence on key industry developments. This year's event is being held on May 12-13. Any investors who would like to attend 121 Mining Investment London can register for a free pass here. About 121 Mining Investment The 121 Mining Investment global event series connects portfolio managers and analysts from institutional funds, private equity groups and family offices with mining company management teams for 1-2-1, private in-person meetings. 121 Mining Investment has an ever-expanding global portfolio, currently covering London, New York, Cape Town, Dubai and Singapore, as well as online editions throughout the year. About Mines D'Or Orbec/Orbec Gold Mines Orbec is a gold company that owns 100% of a large and highly prospective mineral claim position near Chibougamau, Québec. The Muus Project covers approximately 25,250 hectares in the northeastern part of the Abitibi Greenstone Belt. Muus is prospective for gold mineralization and is adjacent to and on strike with IAMGOLD's 8.3 million oz Nelligan Gold Project. Orbec has announced that exploration of the Muus Gold Project will advance in technical collaboration with IAMGOLD, which owns approximately 8.3% of the Company. Fieldwork completed during 2024 established that the northern portion of the Muus Gold Project is also prospective for copper-gold volcanogenic massive sulphide mineralisation, as well as confirming that it is prospective for high-grade gold mineralisation similar to IAMGOLD's nearby Nelligan gold deposit. For additional information, please contact: Mines D'Or Orbec/Orbec Gold MinesSonya PekarInvestor Relations4164988244spekar@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Sranan Gold Announces Participation in 121 Mining Investment Conference in London
Sranan Gold Announces Participation in 121 Mining Investment Conference in London

Business Insider

time25-04-2025

  • Business
  • Business Insider

Sranan Gold Announces Participation in 121 Mining Investment Conference in London

Vancouver, British Columbia--(Newsfile Corp. - April 25, 2025) - Sranan Gold Corp. (CSE: SRAN) (FSE: P84) ("Sranan" or the "Company") announces that the Company is participating in the upcoming 121 Mining Investment Conference in London on May 12-13, 2025. Oscar Louzada, CEO of Sranan Gold will be presenting about the Company's recent and future planned activities at the Tapanahony Gold Project in Suriname. Mr. Louzada commented: "Our participation in the 121 Mining Investment event in London offers an excellent opportunity to engage directly with investors and highlight developments at our newly acquired Tapanahony Project in Suriname, located in one of the most prolific greenstone belts of the Guiana Shield. We look forward to sharing upcoming key catalysts for Sranan Gold with investors at the event." 121 Mining Investment London will be hosting over 110 mining companies and more than 650 investors for two days of targeted 1-2-1 meetings. Investors who would like to attend 121 Mining Investment London can register for a free pass at About Sranan Gold Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5-kilometre trend, where several areas of mining have been opened. Sranan Gold is also exploring its Aida Property consisting of five mineral claims covering an area of 2,335.42 hectares on the Shuswap Highland within the Kamloops Mining Division. For more information, visit Information contact Oscar Louzada, CEO +31 6 25438975 THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE. Forward-looking statements Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's future exploration plans. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

Sranan Gold Announces Participation in 121 Mining Investment Conference in London
Sranan Gold Announces Participation in 121 Mining Investment Conference in London

Yahoo

time25-04-2025

  • Business
  • Yahoo

Sranan Gold Announces Participation in 121 Mining Investment Conference in London

Vancouver, British Columbia--(Newsfile Corp. - April 25, 2025) - Sranan Gold Corp. (CSE: SRAN) (FSE: P84) ("Sranan" or the "Company") announces that the Company is participating in the upcoming 121 Mining Investment Conference in London on May 12-13, 2025. Oscar Louzada, CEO of Sranan Gold will be presenting about the Company's recent and future planned activities at the Tapanahony Gold Project in Suriname. Mr. Louzada commented: "Our participation in the 121 Mining Investment event in London offers an excellent opportunity to engage directly with investors and highlight developments at our newly acquired Tapanahony Project in Suriname, located in one of the most prolific greenstone belts of the Guiana Shield. We look forward to sharing upcoming key catalysts for Sranan Gold with investors at the event." 121 Mining Investment London will be hosting over 110 mining companies and more than 650 investors for two days of targeted 1-2-1 meetings. Investors who would like to attend 121 Mining Investment London can register for a free pass at About Sranan Gold Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5-kilometre trend, where several areas of mining have been opened. Sranan Gold is also exploring its Aida Property consisting of five mineral claims covering an area of 2,335.42 hectares on the Shuswap Highland within the Kamloops Mining Division. For more information, visit Information contactOscar Louzada, CEO+31 6 25438975 THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE. Forward-looking statements Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's future exploration plans. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. To view the source version of this press release, please visit

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