Latest Canada News

PointsBet Holdings has formalised a conditional takeover bid deed with MIXI at $1.20 per share, activating if shareholders reject the current scheme of arrangement. The deal hinges on key regulatory approvals and a minimum 50.1% acceptance threshold.

Somerset Minerals reports outstanding high-grade copper and silver assay results from its maiden surface sampling at the Coppermine Project, Nunavut, setting the stage for a fully funded maiden drill campaign starting in July 2025.

Macarthur Minerals has relaunched a renounceable rights issue to raise nearly A$2 million, fully underwritten by Gold Valley, aiming to fund its Lake Giles Iron Project and strengthen its balance sheet.

Macarthur Minerals Limited has issued a replacement prospectus for a renounceable entitlement offer aiming to raise approximately AUD 2 million, fully underwritten by Gold Valley Yilgarn Pty Ltd. The offer includes free attaching options and supports the company’s exploration and operational funding needs.

NexGen Energy has secured regulatory approval for a significant infrastructure upgrade at its Rook I uranium project, setting the stage for expanded exploration and operational efficiency in 2025.

FireFly Metals Ltd has announced a flow-through share offer aiming to raise approximately A$11.2 million, targeting Canadian investors to fund regional exploration drilling. This offer complements a broader capital raising strategy to advance development at the Ming Mine and other key projects.

PointsBet Holdings has secured Foreign Investment Review Board approval for MIXI Australia's proposed full acquisition, marking a key regulatory milestone in the takeover process.

American West Metals has initiated its 2025 exploration campaign at the Storm Copper Project in Nunavut, targeting multiple high-priority zones with advanced drilling and geophysical surveys. The program aims to expand the project's substantial copper resources and refine its development potential.

Vulcan Energy has extended its conditional debt commitment letter to September 2025, aligning with its revised financing timeline for the Lionheart Project. This move supports ongoing bank discussions and the potential inclusion of significant government funding.

Telix Pharmaceuticals showcased its global theranostic radiopharmaceutical portfolio, highlighting FDA approvals, clinical progress, and a robust commercial expansion plan at its 2025 Investor Day.

Bastion Minerals has released a new JORC Code Mineral Resource Estimate for its ICE Copper-Gold Project in Yukon, Canada, validating historical resources and revealing significant potential for expansion with multiple untested targets.

Olympio Metals has secured approvals to drill up to 38 holes totaling 10,000 meters at its Bousquet Gold Project in Quebec, aiming to unlock high-grade gold potential along the prolific Cadillac Break. Drilling is set to start imminently, targeting promising zones with historic intercepts.