Latest Ontario News

NSX Limited confirms the legal effectiveness of its acquisition by a Canadian entity, with trading suspended and shareholder payments scheduled.

The Federal Court of Australia has approved the acquisition of NSX Limited by a related entity of the Canadian Securities Exchange operator, setting the stage for NSX’s delisting from the ASX later this month.

Critical Resources Limited has promoted Tim Wither from CEO to Managing Director, rewarding his leadership with a substantial incentive package as the company advances its critical minerals portfolio.

Battery Age Minerals has completed its acquisition of 100% ownership of the Falcon Extension Properties in Ontario, consolidating a strategic lithium and critical minerals portfolio. Recent drilling highlights strong lithium grades and promising multi-element potential.

Green Technology Metals has successfully raised A$4.5 million through a two-tranche placement to accelerate development of its Seymour Lithium Project in Ontario, reinforcing its position in the North American lithium sector.

American Rare Earths has achieved a significant metallurgical milestone by successfully removing impurities from allanite-based rare earth ore at its Halleck Creek project, potentially lowering costs and boosting rare earth recovery.

NSX Limited shareholders have overwhelmingly approved a scheme of arrangement for acquisition by a CNSX Markets-related entity, setting the stage for a significant market transition pending court approval.

Ardiden Ltd has announced a transformative merger with Lac Gold Limited, combining two significant Canadian gold assets into a well-funded exploration and development company. The deal brings together the advanced-stage Rouyn Gold Project in Quebec and Ardiden’s Pickle Lake Gold Project in Ontario, creating a balanced portfolio with strong growth potential.

NSX Limited shareholders overwhelmingly approved a scheme of arrangement for acquisition by 1001290557 Ontario Inc., a related entity of the Canadian Stock Exchange operator CNSX Markets Inc. The deal, valued at four cents per fully paid share, now awaits Federal Court approval to proceed.

Winsome Resources has resolved a regulatory hurdle to receive 17.65 million shares in Power Metals Corp, increasing its stake to 16.15% and reinforcing its position in critical minerals. Combined with a strong cash balance, this move strengthens Winsome’s liquidity and strategic outlook.

Pioneer Lithium refines its exploration focus, prioritizing its US uranium projects with Skull Creek nearing drill readiness, while withdrawing from a Namibian uranium asset to optimize capital and value creation.

Critical Resources Limited has successfully completed the first tranche of its capital raising, issuing over 190 million shares and accompanying options to bolster its exploration projects. The company now awaits shareholder approval for director share issuance as it prepares for the second tranche.