Latest news with #exploration
Globe and Mail
19 hours ago
- Business
- Globe and Mail
Galway Metals Announces Closing of Oversubscribed Private Placement
TORONTO, May 30, 2025 (GLOBE NEWSWIRE) -- Galway Metals Inc. (TSXV: GWM) (' Galway ' or the ' Corporation ') is pleased to announce that it has closed a non-brokered private placement (the ' Private Placement ') consisting of an aggregate of 7,350,000 flow-through shares of the Corporation (' FT Shares ') at a price of $0.36 per FT Share and 4,635,000 units of the Corporation (' Units ') at a price of $0.33 per Unit for aggregate gross proceeds to the Corporation of $4,175,550. The original offering was increased as the amount surpassed the Corporation's previous target of $4,000,000. Each Unit consists of one common share of the Corporation, and one common share purchase warrant (a ' Warrant '). Each Warrant will entitle the holder to acquire one non-flow-through common share of the Corporation for an exercise price of $0.50 per share for a period of 3 years from the closing date of the Private Placement. Each FT Share qualifies as 'flow-through shares' within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the ' Tax Act '). The gross proceeds of the Private Placement will be used for 'Canadian exploration expenses' (within the meaning of the Tax Act), which will qualify, once renounced, as 'flow-through mining expenditures', as defined in the Tax Act, which will be renounced with an effective date of no later than December 31, 2025 (provided the subscriber deals at arm's length with the Corporation at all relevant times) to the subscribers of FT Shares in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares. In connection with the closing of the Private Placement, arm's-length finders, Eskar Capital Corporation, Devon Capital Inc., and Generic Capital Corporation will receive an aggregate of $116,640 as cash finders' commissions. Pursuant to applicable Canadian securities laws, all securities issued in connection with the Private Placement are subject to a hold period of four months and one day, expiring on October 1, 2025. The Private Placement remains subject to the final approval of the TSX Venture Exchange (the ' TSXV '). About Galway Metals Inc. Galway Metals is focused on creating significant per share value through the exploration and sustainable development of its two 100%-owned projects in Canada. Galway's flagship project, Clarence Stream, is one of the most important gold districts in Atlantic Canada as it hosts a large, high-grade gold resource in SW New Brunswick. Also important is Estrades, the former-producing, high-grade, gold- and zinc-rich polymetallic VMS mine in the northern Abitibi of western Quebec as it hosts significant resources in the middle of a major gold camp. After its successful spinout to existing shareholders from Galway Resources following the completion of the US$340 million sale of that company. The company is looking to replicate the same success in Canada with our two highly perspective projects. Should you have any questions and for further information, please contact (toll free): Galway Metals Inc. Robert Hinchcliffe President & Chief Executive Officer 1-800-771-0680 Website: Email: info@ Look us up on Facebook, Twitter or LinkedIn 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 THE CONTENT OF THIS NEWS RELEASE. Caution Regarding Forward-Looking Information This press release contains forward-looking statements, which reflect the Corporation's current expectations regarding future events, including with respect to the Corporation's business, operations and condition, management's objectives, strategies, beliefs and intentions, and the use of proceeds from the Private Placement. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of the Corporation, the TSXV not providing its final approval for the Private Placement, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Corporation's publicly filed documents. Investors should consult the Corporation's ongoing quarterly and annual filings, as well as any other additional documentation comprising the Corporation's public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Corporation disclaims any obligation to update these forward-looking statements.
Bloomberg
a day ago
- Entertainment
- Bloomberg
Children's Museums Are Embracing Risky Play
When the City Museum in St. Louis opened in 1997 at the site of an old shoe warehouse, it was considered an outlier in the world of children's museums. Built using salvaged materials and featuring a massive playground that looks more like an active construction site, the institution was among the first to encourage more adventurous and less structured play — as opposed to more educational experiences. Its emphasis on exploration and risk-taking has since beengradually embraced by other interactive kids museums around the US — even as City Museum itself has had to tame some of its most unhinged aspects. The shift comes as childhood habits are changing, with fewer kids spending time outdoors or unsupervised, contribute Amanda Abrams writes. Today on CityLab: Where the Wild Children's Museums Are
Fast Company
a day ago
- Business
- Fast Company
Why junior mining companies must embrace video to build trust and stand out
When I speak with other executives in the junior mining space, one theme comes up repeatedly: How do we stand out? Whether we're competing for investor attention, trying to explain a technically complex asset, or showcasing ESG initiatives, the challenge is the same—communicating clearly, effectively, and with impact. Over the last few years, I've become convinced that video is one of the most powerful, underused tools in our industry. In the mining business, we operate in a highly visual business—remote landscapes, geological exploration, community partnerships, environmental stewardship. Yet most mining companies still rely on PDFs, slide decks, and press releases to tell their stories. And while those have a role, they're simply not enough anymore. Investors—especially retail and younger ones—consume information differently today. They scroll LinkedIn, browse YouTube, and watch CEO interviews before they ever open an investor deck. Even institutional players and analysts are influenced by a company's online presence and digital transparency. Video lets us show progress, humanize leadership, and build trust in a way that static content just can't. A drone shot of your exploration site, a 90-second message from the CEO, or a quick ESG highlight reel speaks volumes. It helps investors visualize your vision— and, more importantly, believe in it. WHAT'S WORKED FOR US Here are some types of video content I've seen have an outsized impact, either in our own marketing efforts or across the sector: Site Visit Videos Footage from site visits—even just 2–3 minutes long—goes a long way. Drone shots, field team interviews, or clips of drilling rigs in motion help investors understand the scale and seriousness of your operation. Executive Updates Regular video updates from leadership are incredibly effective. They don't need to be fancy. I've filmed updates on a phone with a lapel mic and a decent backdrop. What matters is being candid, timely, and consistent. ESG In Action If your company is doing real, meaningful ESG work, show it. Record your teams engaging with local communities, managing environmental risk, or restoring land. Video turns abstract ESG goals into tangible evidence. FAQs And Explainers There's huge value in creating short helpful videos answering investor questions. Things like 'What are assay results?' or 'Where are we in the permitting process?' These can live on your IR site and be repurposed across channels. Animations And Visual Overlays For technical topics like geology or deposit modeling, we've started experimenting with simple animations or slide overlays. It's a smart way to make dense information accessible, especially for non-technical investors. GETTING IT OUT THERE Creating content is just part of the process; you also need to get it in front of the right audience. Here's where we've focused distribution: YouTube for longer-form content, interviews, or site walkthroughs. LinkedIn for executive visibility and industry engagement. X (Twitter) for press release follow-ups or quick commentary. Investor newsletters for embedded videos that drive engagement. Company IR websites for a centralized, evergreen library of content. For companies with an ESG or community angle, even Instagram or TikTok can have a role, especially when targeting local stakeholders or the next generation of investors. IT DOESN'T HAVE TO BE EXPENSIVE I know many junior companies worry about cost, but I've learned firsthand that you can produce good video without blowing your budget. A few things that help: Use Your Phone: Newer smartphones shoot in 4K and with a simple gimbal and mic, you're more than halfway there. Batch Content: Record multiple videos during site visits or update cycles to maximize efficiency. Hire Freelancers: Instead of agencies, find independent editors or videographers to help polish raw footage. Leverage AI Tools: Platforms like Descript can transcribe, edit, or voice-over content in minutes. The key is to start small, stay consistent, and focus on authenticity over polish. FINAL THOUGHT: TELL, DON'T JUST TALK At the end of the day, mining is a long game—but investor attention spans are short. We can't afford to rely on traditional comms alone. We need to think like storytellers, and video is the most powerful storytelling format we have. Whether it's to build credibility, explain a new phase of development, or highlight ESG efforts, video content creates a connection. It makes you memorable. And in a sector where trust is everything, that can be the difference between momentum and missed opportunity. So, if you haven't already—grab a camera, press record, and start showing your story. Your investors are already watching. Make sure they're watching you.
Globe and Mail
a day ago
- Business
- Globe and Mail
Japan Gold Corp. Announces Expiry of Listed Issuer Financing Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ("Japan Gold" or the "Company") announces that the private placement previously announced on April 14, 2025, has expired and the engagement letter with the agents has been terminated. In conjunction with the recent appointment of Mr. Jason Letto, VP of Exploration, the Company has issued 384,615 restricted share units ("RSUs") in accordance with the Company's 2023 Equity Incentive Plan. The RSUs have a vesting period of 24 months with 50% vested after 12 months from the date of grant. Once vested, each RSU entitles the holder to acquire one common share of the Company. About Japan Gold Corp. Japan Gold Corp. is a Canadian mineral company focused on the exploration and discovery of high-grade epithermal gold deposits across the main islands of Japan. The Company holds a significant portfolio of tenements covering areas with known gold occurrences, history of mining and prospective for high-grade epithermal gold mineralization in one of the most stable and under-explored countries in the world. The Japan Gold leadership and operational team of geologists, drillers and technical advisors have extensive experience exploring and operating in Japan and have a track record of discoveries world-wide. Japan Gold has an alliance with Barrick Gold Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects with the potential to host Tier 1 or Tier 2 gold ore bodies in Japan. Significant shareholders include Equinox Partners Investment Management LLC and Newmont Corporation. On behalf of the Board of Japan Gold Corp. John Proust Chairman & CEO For further information, please contact: Alexia Helgason Vice President, Corporate Communications Phone: 604-417-1265 Email: ahelgason@ Cautionary Note Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This news release contains forward-looking statements relating to the Company. These statements subject to certain risks and uncertainties, including, but not limited to, those discussed and identified in public filings made by Japan Gold with the applicable Canadian securities regulatory authorities and the following: the timing and granting of prospecting rights; Japan Golds's ability to convert prospecting rights into digging rights within the timeframe prescribed by the Mining Act (Japan); general economic, market and business conditions; competition for qualified staff; the regulatory process and actions; technical issues; new legislation; potential delays or changes in plans; working in a new political jurisdiction; results of exploration; Japan Gold's ability to execute and implement future plans, arrange or conclude a joint venture or partnership; and the occurrence of unexpected events. Actual results achieved may differ from the information provided herein and, consequently, readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this news release. Japan Gold disclaims any intention or obligation to update or revise forward-looking information or to explain any material difference between such and subsequent actual events, except as required by applicable laws.
Globe and Mail
a day ago
- Business
- Globe and Mail
Patagonia Gold First Quarter 2025 Financial Results
VANCOUVER, British Columbia, May 30, 2025 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. ('Patagonia' or the 'Company') (TSXV: PGDC) announces its financial results for the quarter ended March 31, 2025 ('Q1 2025'). The financial statements together with the related management's discussion and analysis are available on the Company's website and under the Company's profile on SEDAR+ at Highlights Generated revenue of US$1.2 million in Q1 2025. Produced 613 gold equivalent ounces (1) and sold 418 gold equivalent ounces (1) in Q1 2025. Incurred exploration expenditures of US$0.5 million in Q1 2025 including completion of: A total of 380 meters were drilled in 8 diamond drill holes at Calcatreu, specifically in the Piche Sur, Nelson Sur and Belen W targets - all of which are deemed to have mineral resource expansion potential. A total of 366.1 line-kilometers of geophysics was carried out on the target Masqui in the south of the main Calcatreu block. At La Valenciana, in the province of Santa Cruz, a total of 66 line-kilometers of ground magnetics surveying was completed and a total of 63 rock chip samples were collected from the Veta Principal during Q1 2025. A total of 401.9 line-kilometers of ground magnetics surveying was completed at La Josefina. The Company has commenced construction of the Company's Calcatreu heap leach facility in Rio Negro during Q1 2025. Completion of construction of Calcatreu is targeted for Q4 2025 with first leaching before the end of 2025. Notes: (1) Consisting of 387 gold and 21,060 silver ounces of production and 252 gold and 14,978 silver ounces sold, converted to a gold equivalent using a ratio of the average spot market price for the commodities each period. The ratio for three months ended March 31, 2025 was 90.05:1 (2024 – 88.70:1). Qualified Person's Statement Donald J. Birak, an independent consulting geologist, Registered Member of SME, Fellow of AusIMM, and qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release. About Patagonia Gold Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed on the TSX Venture Exchange. The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina. The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project. Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 375 properties in several provinces of Argentina and is one of the largest landholders in the province of Santa Cruz, Argentina. For more information, please contact: Christopher van Tienhoven, Chief Executive Officer Patagonia Gold Corp. T: +54 11 5278 6950 E: cvantienhoven@ FORWARD-LOOKING STATEMENTS This news release contains certain forward-looking statements, including, but not limited to, statements with respect to, among other things, mineral resource expansion potential; timing for completion of the heap leach facility and commencement of leaching; the advancement and development of gold and silver projects in the Patagonia region of Argentina; and the anticipated growth in shareholder value. Wherever possible, words such as 'may', 'will', 'should', 'could', 'expect', 'plan', 'intend', 'anticipate', 'believe', 'estimate', 'predict' or 'potential' or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof. Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
