Latest Canadian Securities News

Li-FT Power Ltd. has completed a C$23 million bought deal public offering, including full exercise of the over-allotment option, to support care and maintenance costs for the Renard option period and bolster working capital.

Resouro Strategic Metals has closed its $2.5 million private placement, issuing 10 million shares at 25 cents each to support the environmental program and feasibility study for its Tiros project in Brazil.

Resouro Strategic Metals has closed the first tranche of an upsized $2.5 million private placement, issuing 7.44 million shares at $0.25 each to fund its Tiros project environmental program and working capital.

Predictive Discovery Limited (ASX:PDI) is making a strategic US$10 million investment to acquire a 12.3% stake in Awalé Resources, targeting gold exploration growth in Côte d'Ivoire’s Odienné Project.

African Gold Ltd’s takeover by Montage Gold Corp moves a step closer as the Supreme Court of Western Australia approves its Share and Option Schemes, triggering suspension of trading and setting key dates for implementation.

Temas Resources is tapping the Canadian market with a $1.5 million flow-through share placement aimed at advancing its titanium projects in Quebec. The raise supports exploration expenses tied to its proprietary processing technology and resource development.

AuMEGA Metals Limited has launched a prospectus for a dual-tranche capital raising totalling approximately C$23.7 million, subject to shareholder approval, aimed at advancing its exploration programs in Newfoundland and Labrador, Canada.

Temas Resources Corp has opted to reduce its financial reporting frequency, moving from quarterly to semi-annual reports under a Canadian Securities Exchange pilot program. This change aligns with its status as a venture issuer and reflects its ongoing focus on proprietary processing technology and mineral projects.

DPM Metals has lodged a detailed technical report updating the Mineral Resource and Reserve estimates for its Chelopech mine in Bulgaria, underpinning its strategic growth plans.

AuMEGA Metals has successfully closed the first tranche of its upsized private placement, raising over C$5 million to advance its exploration projects in Newfoundland. A second tranche awaits shareholder approval, potentially boosting the company’s capital base further.

Basin Energy has executed a definitive agreement to sell its Marshall Uranium Project to Green Canada Corporation, securing upfront payments and retaining significant future upside through equity and buyback options.

AuMEGA Metals has confirmed a $30 million oversubscribed financing led by Condire Investors to fund expanded drilling and exploration in Newfoundland. The capital raise is structured in two tranches, with the first closing expected in early March and the second pending shareholder approval.