Zeus Resources Limited (ZEU:AU) has announced Casablanca Antimony Geophysics – Updated JORC Table
Download the PDF here.
Zeus Resources Limited (ZEU:AU) has announced Casablanca Antimony Geophysics – Updated JORC Table
Download the PDF here.
// Not for distribution to the United States newswire services or for dissemination in the United States //
Copper Quest Exploration Inc. (CSE: CQX; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce that it has closed the second and final tranche (the ‘ Second Tranche ‘) of its previously announced non-brokered private placement (the ‘ Private Placement ‘) with the issuance of 4,070,534 units (the ‘ Units ‘, and each, a ‘ Unit ‘) of the Company at a price of $0.075 per Unit for gross proceeds of $305,290.05.
Each Unit consists of one (1) common share of the Company (‘ Share ‘) and one (1) Share purchase warrant, whereby each Share purchase warrant (‘ Warrant ‘) is convertible into an additional Share (‘ Warrant Share ‘) at an exercise price of $0.15 per Warrant Share. Each Warrant will expire on September 19, 2027 (the ‘ Expiry Date ‘), being the date that is two (2) years following the date of issuance. The Expiry Date is subject to acceleration in the event the closing price of the Company’s common shares on the Canadian Securities Exchange is equal to or greater than C$0.29 for a period of 10 consecutive trading days at any time after that date which is four (4) months following the date of issuance, in which case the Expiry Date of the Warrants shall automatically accelerate and the Warrants will expire on that date which is 30 days from the date of notice of such acceleration event.
In connection with the Private Placement, the Company paid aggregate finder’s fees in the amount of $5,040 to eligible finders and issued a total of 67,200 finder warrants (the ‘ Finder Warrants ‘). The terms of the Finder Warrants are the same as the Warrants.
An insider of the Company acquired an aggregate of 680,000 units. The participation by the insider in the Private Placement constitutes a ‘related party transaction’ as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (‘ MI 61-101 ‘). The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities purchased by insiders, nor the consideration for the securities paid by such insiders, exceeded 25% of CQX’s market capitalization. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the Private Placement, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner. The Private Placement was unanimously approved by the Board.
Proceeds from the Private Placement are intended for exploration activities and general working capital purposes. All securities issued in connection with the Private Placement are subject to a statutory hold period expiring January 20, 2026, being the date that is four months and one day from the date of issuance.
The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any state securities laws, and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.
About Copper
Copper is an essential industrial metal at the heart of the global energy transition and modern infrastructure. It plays a critical role in electrification, renewable energy systems, electric vehicles, data centers, and smart technologies. With global demand rising and new supply challenged by declining grades, complex permitting, and underinvestment, the copper market faces persistent deficits and growing geopolitical scrutiny. Recent U.S. policy announcements, including import tariffs and initiatives to secure domestic and allied supply chains, underscore copper’s strategic importance and the need for resilient, localized resource exploration, development, production and processing capacity.
About Copper Quest Inc.
Copper Quest (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) is focused on building shareholder value through the exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises four projects that span over 40,000+ hectares in great mining jurisdictions.
Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property Copper Quest has a 100% interest in the 5,389 ha Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700 ha porphyry copper-molybdenum Rip Project, also in the Bulkley Porphyry Belt.
Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.
Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at Copper Quest .
On behalf of the Board of Copper Quest Exploration Inc.
Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829
For further information contact:
Kelly Abbott
Investor Relations
info@copper.quest
Forward Looking Information
This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, statements relating the future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements in this news release relate to, among other things, the expected use of proceeds from the Private Placement. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.
News Provided by GlobeNewswire via QuoteMedia
Modern warfare is evolving quickly alongside emerging technologies, unlocking unprecedented investment opportunities in diverse areas of the defense sector.
Escalating conflicts in Europe and the Middle East are prompting governments worldwide to increase military spending. Looking at the US alone, the passage of the One Big Beautiful Bill Act has the potential to bring a US$150 billion investment into the defense industry. In addition, the Trump administration is proposing a US$1 trillion defense budget for 2026 with a focus on cybersecurity, artificial intelligence (AI) and autonomous systems capabilities.
The biggest US defense contractors and exchange-traded funds (ETFs) are expected to benefit greatly from the huge government spending expected in the sector. As for up-and-coming American defense companies that offer investors growth opportunities, those that can quickly develop and commercialize dual-capability technologies (i.e. for both civil sector and defense markets) are looking equally as attractive.
“If the opportunity is purely in the defense sector, that’s a big, but ultimately limited, opportunity. If the opportunity is in defense and a range of other sectors because the technology has got a transversal application, then it becomes far more interesting for an investor,” notes Joe Cassidy, partner, technology, media and telecom at KPMG in the UK.
Defense spending jumped nearly 10 percent in 2024, according to a KPMG report on emerging trends in the aerospace and defense sector, representing “its fastest growth rate in nearly four decades.’
The firm attributes this growth to geopolitical destabilization both in Europe and in the Middle East. The global trade war surrounding rare earths, platinum-group metals, aluminum, steel and semiconductors is adding further pressure.
This increase in domestic defense spending has been translating into big wins for defense and security stocks. As Raymond James’ September Defense & Government Market Intel Report shows, publicly traded companies in the US defense sector are up by 57.8 percent since September 2024.
In a June interview with Federal News Network’s Terry Gerton, Sam Maness, managing director of Raymond James’ Defense and Government Group, ascribed the growth to the anticipated increase in funding for domestic defense contractors. He noted that US-China tensions and other geopolitical conflicts are “lead(ing) to bullishness for anything that is more meaningfully touching mission, and defense technology naturally does that.’
Looking forward, analysts expect supply chain sovereignty and cutting-edge technological advancements to be the major themes in this sector as nations look to cost effectively build out their domestic defense industries. At the same time, new weapons systems are reshaping the nature of war both on the battlefield and online.
“The way conflicts are resolved is changing rapidly and new technologies are disrupting the battlefield strategy,” states KPMG in its report. “Defense departments need rapid innovation and are no longer willing to wait years for a custom system when an ‘80% Solution’ can be purchased off-the-shelf.”
So what technologies are getting the most attention in the defense sector?
As mentioned, cybersecurity, autonomous systems and AI solutions are in the spotlight, and companies with dual-capability technologies are getting recognition. Below are examples of defense stocks tracked by Raymond James that are focused on providing these technologies to both the civil and defense sectors.
One of the greatest threats to modern militaries is cyber attacks. This makes securing military IT infrastructure, communications networks and weapons systems mission critical for today’s armed forces.
L3Harris Technologies (NYSE:LHX) is a leading US defense contractor that provides cybersecurity solutions such as end-to-end technologies across air, land, sea, space and cyber domains.
The firm also serves public safety sectors such as law enforcement and fire; commercial sectors such as utilities and transportation; the commercial aviation space; and the healthcare industry.
Mercury Systems (NASDAQ:MRCY) develops secure processing subsystems, embedded computing and mission-critical technologies with advanced cybersecurity features for military and defense applications.
The company also supplies the aviation and industrial sectors.
V2X (NYSE:VVX) supplies vehicle-to-everything cybersecurity to secure communications between military vehicles, drones and command centers. It is in the process of acquiring federal IT business of QinetiQ Group (LSE:QQ), which provides data engineering, intel mission support and cyber solutions for US intelligence agencies.
In the civil and commercial space, the company provides solutions to first responders, commercial fleets and the auto sector, as well as urban mobility and utilities.
Zscaler (NASDAQ:ZS) is a leader in cloud-native security and its zero-trust architecture platforms are used by the US Department of Defense, intelligence agencies and other defense contractors. In August, the company acquired Red Canary, adding to its portfolio of cybersecurity detection and response solutions for US defense and intelligence agencies. Zscaler also serves the healthcare, finance, retail, energy, manufacturing and public sectors.
The changing nature of war is probably best represented in the rapid innovation and adoption of lower-cost autonomous systems such as drones, unmanned ground vehicles, robotics and counter-drone technologies.
A key supplier to the US military, AeroVironment (NASDAQ:AVAV) designs and manufactures unmanned aerial vehicles and robotics systems primarily for military surveillance and reconnaissance.
The company also provides electric energy systems to the commercial and public sectors.
Kratos Defense & Security Solutions (NASDAQ:KTOS) specializes in advanced defense technologies such as unmanned systems, satellite communications and hypersonics, while adapting them for commercial markets.
Teledyne Technologies (NYSE:TDY) provides drones, unmanned vehicles and robotics-related technologies to the defense sector through its subsidiary Teledyne FLIR.
It also provides these technologies for the civil aviation, manufacturing and energy sectors.
Through its subsidiary Textron Systems, Textron (NYSE:TXT) develops and integrates autonomous and robotics systems for the US Department of Defense and military operations for intelligence, surveillance and reconnaissance missions. The company’s autonomous technologies portfolio also extends into civil aviation, law enforcement and critical infrastructure protection for government and civilian operations.
AI technologies are rapidly being integrated into existing and emerging defense tech, including unmanned aerial and ground vehicles, reconnaissance and surveillance systems as well as hypersonic weapons.
Curtiss-Wright (NYSE:CW) is a global engineering company that provides products such as sensors, controls and data acquisition systems for the defense, aviation, nuclear power and industrial markets. Its defense solutions division has produced AI-optimized rugged embedded computing systems for use on the battlefield.
Leonardo DRS (NASDAQ:DRS) specializes in AI-enabled computing and sensing for tactical military platforms, including for use in US Army ground vehicles. Its technology is also used for public safety and infrastructure protection during disaster responses, as well as in industrial automation, medical diagnostics and commercial transportation.
Palantir Technologies (NASDAQ:PLTR) is a leading defense contractor that delivers AI platforms for the US military and its allies. It partners with other major defense industry companies such Northrop Grumman (NYSE:NOC) and Anduril Industries. Palantir’s technology is also widely used in the civil sector, as well as by more than half of Fortune 500 companies in sectors such as healthcare, energy, finance and manufacturing.
Voyager Technologies (NYSE:VOYG) is a defense- and space-focused AI technology company that provides national security solutions with partners such as Palantir. In August, it acquired Electromagnetic Systems, adding AI-based automated target recognition software and intelligence analytics for space-based radar systems to its portfolio. Voyager’s AI tech is also used by NASA and commercial satellite operators.
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Here’s a quick recap of the crypto landscape for Friday (September 19) as of 9:00 p.m. UTC.
Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin (BTC) was priced at US$115,191, a 1.9 percent decrease in 24 hours, and its lowest valuation of the day, after an earlier price peak to US$116,450.
Bitcoin price performance, September 19, 2025.
Chart via TradingView.
The crypto market showed strength this week, bolstered by investor confidence after the US Federal Reserve’s interest rate cut on Wednesday (September 17) and NVIDIA’s (NASDAQ:NVDA) US$5 billion investment in Intel (NASDAQ:INTC).
Meanwhile, the US Securities and Exchange Commission’s (SEC) adoption of new generic listing standards for spot crypto exchange-traded products paves the way for faster approvals of products tracking digital assets.
The REX-Osprey XRP ETF (NYSEAMERICAN:XRPR) and the REX-Osprey DOGE ETF (NYSEAMERICAN:DOJE) launched on Thursday (September 18) as the first implementations of this rule change.
The funds saw US$37.7 million and US$17 million traded on the day, respectively.
Ether (ETH) was trading at US$4,445.54, down by 3.2 percent to its lowest valuation on Friday. The cryptocurrency’s highest valuation was US$4,541.88.
Spot Bitcoin ETFs drew record inflows this week, with around 20,685 BTC were added. The influx pushed US spot Bitcoin ETF holdings to around 1.32 million BTC worth US$150 billion.
BlackRock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT) led with US$1 billion in net buys, while Fidelity’s Advantage Bitcoin ETF (TSX:FBTC) topped US$843 million and ARK 21Shares Bitcoin ETF (BATS:ARKB) added US$182 million.
Meanwhile, US Ethereum ETFs saw outflows of US$62 million over the week.
Altcoin ETFs are also taking shape. In mid-September, the SEC approved the first US ETFs for XRP and Dogecoin. DOGE jumped by 20 percent upon its ETF debut. This altcoin ETF wave, now backed by giants like Grayscale and Franklin Templeton, is reshaping flows and legitimizing more speculative assets.
On the derivatives side, leverage is at a near-record level.
Bitcoin futures open interest surpassed US$220 billion in September. CryptoQuant notes clusters of orders just above and below the spot price, so any sharp swing, even a small break, could trigger “record liquidations.”
Bitcoin liquidations have totaled approximately US$13.71 million over the past four hours, predominantly from long positions, indicating continued selling pressure in the market.
Ethereum liquidations reflected a similar trend, with about US$10.85 million liquidated in the same period, of which US$10.08 million were long positions, signaling sustained bearish momentum.
The perpetual funding rate for BTC was at 0.0064 percent, while the ETH funding rate stood at 0.001 percent, indicating a neutral or balanced market without strong bias toward bullish or bearish positioning.
Market indicators showed an RSI level of 41.03 as of 8:00 p.m. UTC, suggesting neutral conditions.
Bitcoin has formed a rising wedge pattern over the past month, with a bearish divergence noted by on-chain analysts. Technically, Bitcoin appears to be in a mild consolidation after last week’s surge.
CryptoQuant analyst Axel Adler has observed that Bitcoin is trading just above its short-term holder realized price.
In equities, the S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDE XNASDAQ:.IXIC) hit record highs as crypto pulled back modestly on Friday, reflecting a temporary decoupling.
Key crypto catalysts to watch next week include potential announcements out of Korea’s Blockchain Week, scheduled to run in Seoul from September 22 to 28.
Additionally, LayerZero (ZRO) is scheduled for a major token unlock on September 20 of approximately 25.7 million ZRO tokens, roughly 8.5 percent of the current circulating supply, valued at around US$52.5 million
Other significant upcoming unlocks include Optimism’s 116 million OP tokens on September 21 and AltLayer’s 3.7 million ALT token release on September 25.
Funding for stablecoin-related companies has surged to unprecedented levels this year, with 14 firms raising a combined US$537 million so far, according to DefiLlama data. That figure marks a sharp jump from the US$84 million raised across all of 2024, underscoring a wave of investor confidence in fiat-pegged digital assets.
The year’s biggest deal came in July, when Hong Kong’s OSL Group (HKEX:0863) secured US$300 million.
Analysts have linked the momentum to favorable regulatory shifts, including the GENIUS Act, signed into law by U.S. President Donald Trump in July, which provided legal clarity for stablecoin issuers.
The sector’s rapid rise is also visible in secondary markets. For instance, after its initial public offering in June, Circle (NYSE:CRCL) is now trading at four times its debut value.
A watchdog group has accused World Liberty Financial, a cryptocurrency venture tied to US President Donald Trump, of allowing its tokens to flow into the hands of users connected with sanctioned entities.
According to Accountable.us, WLFI tokens ended up with wallets linked to North Korea’s Lazarus Group, Iran’s Nobitex exchange, and Russian traders, despite long-standing US restrictions.
The report highlights one case on Jan. 20, 2025, when WLFI sold 600,000 tokens, worth roughly US$10,000, on Trump’s inauguration day to a wallet later tied to Lazarus transactions.
Even after DeFi platforms flagged the account, the wallet continued operating until late August, receiving WLFI’s branded USD1 stablecoin as part of an airdrop. Separate sales were traced back to Iran’s Nobitex in October 2024, a platform that Chainalysis has previously identified as a hub for sanctions evasion.
The allegations raise questions over WLFI’s compliance and could intensify regulatory pressure on the company.
Trump’s team has not publicly responded to the claims.
Ethereum’s Fusaka hard fork is scheduled for mainnet launch on December 3, 2025, according to an announcement shared by Ethereum researcher Christine D. Kim.
The upgrade will include 11 to 12 Ethereum improvement proposals focused on scalability and network efficiency, particularly doubling blob capacity to enhance layer-2 transaction throughput.
Testing will occur on public testnets throughout October and November. A US$2 million audit competition is underway to ensure Fusaka’s code security ahead of deployment.
The upgrade follows May’s Pectra hard fork and sets the stage for subsequent improvements planned for 2026.
PayPal Holdings’ (NASDAQ:PYPL) US dollar stablecoin, PYUSD, is expanding to nine new blockchains through a partnership with interoperability protocol LayerZero.
The move broadens the token’s reach beyond its native issuance on Ethereum, Solana, Arbitrum, and Stellar, making it accessible across networks like Avalanche, Aptos, Tron, and others.
As part of the rollout, LayerZero created a wrapped version called PYUSD0, which is fully interchangeable with the original token and operates within its Hydra Stargate system.
The expansion is designed to accelerate adoption and cement PYUSD’s role as a dollar-backed instrument across the crypto ecosystem. Since launching in 2023 through issuer Paxos, PYUSD has grown steadily, with supply climbing from US$520 million at the start of the year to US$1.3 billion.
Kraken has partnered with Trust Wallet to expand access to xStocks, a tokenized equities product developed by Backed.
This collaboration, announced on Friday, brings 60 tokenized US equities to over 200 million Trust Wallet users worldwide, allowing them to trade these assets across multiple blockchains using a variety of local fiat currencies.
“For xStocks to achieve true mass adoption, seamless integration with the world’s most popular self-custody wallets is vital. Bringing xStocks to Trust Wallet places open and interoperable tokenized equities directly into the hands of millions, alongside the crypto, stablecoins and DeFi assets they already use every day,” said Kraken co-CEO Arjun Sethi.
In the coming weeks, the team said it will continue collaborating with partners to introduce xStocks to additional high-performance blockchains and leading consumer applications.
In a speech on Thursday, the Bank of Canada’s executive director of payments, Ron Morrow, said that Canada is behind other countries in developing rules for the use of stablecoins and should consider regulations for digital assets given the growing interest in them domestically and the US’ efforts to enable widespread adoption.
“Governments are moving to regulate stablecoins and other cryptocurrencies so consumers can reap their benefits and be protected from credit and liquidity risks. In fact, many jurisdictions worldwide either have, or will soon have, a regulatory framework for cryptoassets,” Morrow said during a keynote speech at the ONE Conference in Ottawa.
He called on federal and provincial regulators to “work quickly and collaboratively to evolve our regulatory frameworks.”
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Statistics Canada released July’s monthly mineral production survey on Friday (September 19). The data showed gold production increased month-over-month, while copper and silver declined; shipments, however, saw broad declines from June for all three metals.
Gold production increased significantly to 18,855 kilograms compared to 16,935 kilograms in June. Meanwhile, copper production fell to 37.99 million kilograms from 39.17 million kilograms in June, and silver production slipped to 25,345 kilograms from 28,390 kilograms.
As for shipments, gold shipments slid to 16,748 kilograms from 18,554, copper fell to 39.28 million kilograms from 45.96 million, and silver decreased to 26,397 kilograms from 31,181.
StatsCan released August’s consumer price index (CPI) data on Tuesday (September 16), the day before the Bank of Canada’s interest rate decision. The release showed that all-items inflation rose 1.9 percent on a yearly basis, up from the 1.7 percent recorded in July.
The agency attributed the faster growth in headline inflation in part to a slower year-over-year decline in gasoline prices, which fell 12.7 percent in August versus 16.1 percent in July, resulting in a less moderating effect on inflation than during the previous month.
StatsCan noted that without volatile gasoline prices included, CPI in August rose 2.4 percent year-over-year after registering a 2.5 percent increase in the three previous months.
The Bank of Canada chose to reduce its benchmark lending rate by 25 basis points to 2.5 percent on Wednesday (September 17), noting ‘a weaker economy and less upside risk to inflation.’ It marks the first cut since March, when it set the rate at 2.75 percent.
South of the border, the US Federal Reserve held its September meeting of the Federal Open Market Committee on Tuesday and Wednesday. The US central bank also chose to cut 25 basis points from the Federal Funds Rate, bringing it to the 4 percent to 4.25 percent range. It is the first change to the interest rate since the last 25 basis point cut in December 2024.
For more on what’s moving markets this week, check out our top market news roundup.
Canadian equity markets were in positive territory this week.
The S&P/TSX Composite Index (INDEXTSI:OSPTX) set another new record high this week, ending the week up 1.29 percent to 29,768.36. The S&P/TSX Venture Composite Index (INDEXTSI:JX) performed even better, climbing 2.65 percent to finish Friday at 904.80, its first close above 900 since January 2022. The CSE Composite Index (CSE:CSECOMP) also jumped, gaining 4.98 percent to end the week at 162.04.
The gold price was in focus again this week as it climbed to another new record, reaching an intraday high of US$3,707 per ounce on Wednesday ahead of the FOMC meeting. While the price retreated slightly to US$3,642 on Thursday, it ended the week up 1.15 percent overall at US$3,685.26 per ounce.
The silver price was also volatile, rising to US$42.83 per ounce early in the week before dipping below US$42 per ounce in mid-week trading. It bounced back to end the week on 14 year highs, gaining 2.11 percent to close Friday at US$43.08.
Copper saw its mid-week gains erased by the end of the week, closing Friday largely flat at US$4.63 per pound. The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) echoed those movements with a 0.06 percent gain to end the week at 545.95.
How did mining stocks perform against this backdrop?
Take a look at this week’s five best-performing Canadian mining stocks below.
Stocks data for this article was retrieved at 4:00 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.
Weekly gain: 119.05 percent
Market cap: C$50.3 million
Share price: C$0.23
Japan Gold is an exploration company focused on a portfolio of Japan-based gold assets.
Its most advanced property is the Mizobe gold project located in Southern Kyushu. The site hosts several exploration targets covering an area of 2 kilometers by 2.5 kilometers and has produced river float samples up to 18.9 g/t of gold.
The company is also working on a trio of projects with Barrick (TSX:ABX,NYSE:B), the most advanced of which is the Hakuryu project located in Northern Hokkaido. The company has identified several targets, including the Hakuryu No. 3 vein, which hosts a 360 meter main zone with a thickness of 20 meters.
Shares in Japan Gold gained significantly at the end of the week; however, the company has not released news since September 9, when it reported that it had mobilized for a four-hole, 1,600 meter drill program at Mizobe.
Weekly gain: 110 percent
Market cap: C$21.06 million
Share price: C$0.21
Minnova is an exploration and development company advancing its brownfield PL gold mine in Manitoba, Canada.
The property consists of 28 mining claims and covers an area of 5,114 hectares. An April 2018 feasibility study for the project indicated project economics with an after-tax net present value of C$36.7 million, an internal rate of return of 53 percent and a payback period of 1.2 years, calculated at a gold price of US$1,250 per ounce.
The company has been working to restart the mine over the past few years, but faced funding shortfalls. Trading for Minnova was halted on August 6 as it worked to resolve financial issues to maintain its listing on the TSXV.
On September 11, the company announced that trading would resume on the TSXV alongside a corporate update. It disclosed that it had a working capital deficiency of C$544,611 and is planning a private placement to address the shortfall. Funds will also go towards ongoing activities at PL, including drilling, test work and updated NI 43-101 techno-economic studies.
Minnova also announced that it is advancing plans for preliminary open-pit and underground mine design and layout, and that work on a new mine development plan that takes into account higher gold prices is underway.
Shares in Minnova have surged since trading resumed earlier this week from their price of under C$0.10 before the halt.
Weekly gain: 98.26 percent
Market cap: C$16.02 million
Share price: C$0.018
Stamper Oil and Gas is an exploration and development company working to advance offshore projects in Namibia.
The company holds an interest in five exploration blocks in Namibia; its most significant holding is a 32.9 percent stake in PEL 107 located in the Orange Basin. PEL 107 covers an area of 5,484 square kilometers and is located 210 kilometers from shore in an area that hosts three multi-billion-barrel discoveries since 2022.
The company has been conducting seismic work ahead of the planned drilling of an exploration well set to commence in 2027.
Stamper completed the acquisition of its holdings in the Namibian blocks on September 10, when it reported it had closed its purchase of BISP Exploration, originally announced on May 12.
Weekly gain: 93.33 percent
Market cap: C$17.03 million
Share price: C$0.29
New Break Resources is a gold exploration company working to advance its Moray gold project in Northeastern Ontario, Canada.
The property is located near Timmins, within the Abitibi Greenstone Belt, and spans an area of 10,326 hectares. Additionally, it is situated 32 kilometres northwest of Alamos Gold’s (TSX:AGI) Young-Davidson gold mine, which produced 174,000 ounces of gold in 2024.
On Wednesday, New Break announced results from its six-hole, 1,502-meter maiden diamond drilling program at the site. The company highlighted one assay with an average grade of 4.11 grams per metric ton (g/t) gold over 31.3 meters, including an interval of 6.75 g/t over 7.1 meters.
The prior week, the company closed the final tranche of an oversubscribed private placement. In total, the company raised proceeds of C$1 million over three tranches, which will be used for ongoing exploration at Moray and for general working capital purposes.
Weekly gain: 91.67 percent
Market cap: C$15.77 million
Share price: C$0.115
CleanTech Vanadium is an exploration company working to advance several critical mineral projects in the US.
Its most recent focus has been on its Kentucky-Illinois fluorspar projects, which consist of over a dozen deposits covering over 8,150 acres along the border of Kentucky and Illinois. Mining in the region dates back to the late 1800s and has produced 12.5 million metric tons of fluorspar, according to the company.
CleanTech also owns the Gibellini vanadium project in Nevada, US. The project has been approved for multiple state permits and received a positive environmental impact statement from the Bureau of Land Management. According to the project page, the site covers 21 kilometers and hosts a measured and indicated vanadium oxide resource of 127 million pounds.
Additionally, the company announced on August 6 that it had acquired the El Triunfo gold-antimony project near La Paz, Bolivia, from Silver Elephant for cash considerations of C$155,000.
The most recent announcement from CleanTech came on Tuesday when it welcomed an additional US$1 billion in funding programs from the Department of Energy (DoE) that was announced on August 13. It also highlighted the continued inclusion of fluorspar, germanium, gallium, indium and vanadium on the US Geological Survey’s Critical Minerals list.
CleanTech stated that it intends to explore funding options with the DoE, with a focus on advancing its Illinois-Kentucky fluorspar district. The company noted that the Department of Defense is funding research at the nearby Hicks Dome rare earth and fluorspar project in Illinois.
The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.
As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.
Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.
There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.
The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.
These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.
Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.
Article by Dean Belder; FAQs by Lauren Kelly.
Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.
Gold hit yet another new price record this week, rising past US$3,700 per ounce.
The yellow metal broke that level on Wednesday (September 16), the first day of the US Federal Reserve’s meeting, and then did it again the next day just after the gathering wrapped up.
The Fed was widely anticipated to cut interest rates, and that’s exactly what happened — it announced a 25 basis point reduction to the 4 to 4.25 percent range, with Chair Jerome Powell describing it to reporters as a ‘risk-management cut.’
Although inflation is still outside the Fed’s 2 percent target, Powell said the central bank has shifted its focus toward the jobs market due to a change in the balance of risks — in his view, it’s no longer possible to call the labor market ‘very solid.’
‘Labor demand has softened, and the recent pace of job creation appears to be running below the break-even rate needed to hold the unemployment rate constant.’ — Jerome Powell, US Federal Reserve
All Fed governors were in favor of the 25 basis point cut, with the exception of new addition Stephen Miran, who wanted to see a 50 basis point decline. Miran, who is on leave from his position at the White House Council of Economic Advisers, was confirmed by the Senate this week. He was selected by US President Donald Trump to replace Adriana Kugler.
Miran’s new role at the Fed has raised questions about the central bank’s independence, as Trump has now nominated three out of seven governors. Lisa Cook, who Trump attempted to fire in August, ultimately did not lose her position after a federal appeals court ruling.
Looking forward, the Fed’s latest dot plot shows policymakers expect two additional 25 basis point cuts this year, which would take rates to the 3.5 to 3.75 percent level.
In 2026, they are currently anticipating only one quarter-point reduction.
Going back to gold, it took a breather after passing US$3,700, sinking back down to the US$3,640 level after the Fed’s meeting. It was back at up at US$3,685 as of Friday (September 19) afternoon.
While that’s a fairly big move in a short amount of time, many experts agree that right now it’s the big picture that’s important for gold, not day-to-day factors.
Here’s how Will Rhind of GraniteShares explained it:
‘I think the main thing that’s driving gold, like I said, is this alternative to the dollar. People want an alternative to fiat money and particularly the dollar, and also to traditional stocks and bonds. And so gold’s appeal as being a genuine alternative, an uncorrelated alternative grows by the month, seemingly.’
Denver Gold Group hosted its Mining Forum Americas in Colorado Springs this week, bringing together the gold sector’s major players — and with them a slew of news.
Among the major transactions announced was Newmont’s (TSX:NGT,NYSE:NEM,ASX:NEM) sale of its Yukon-based Coffee project to explorer Fuerte Metals (TSXV:FMT,OTCQB:FUEMF), formerly Atacama Copper, for total consideration of up to US$150 million.
The Coffee transaction is the latest in a series of divestments from Newmont, which is looking to cut costs and hone in on tier-one assets after buying Newcrest Mining in 2023. Once the deal goes through, Newmont will have sold all six operations and two projects it set out to trim.
‘The sale of the Coffee Project reflects our ongoing efforts to streamline the portfolio and sharpen our focus on core operations’ — Tom Palmer, Newmont
During the last gold bull market, major miners were criticized for doing high-priced deals and letting costs spiral out of control — this time, they appear to be taking steps to avoid that.
Also divesting an asset this week was Alamos Gold (TSX:AGI,NYSE:AGI), which said it plans to sell its Turkish subsidiary to a unit of industrial conglomerate Nurol Holding.
The US$470 million agreement will take several assets off Alamos’ hands, including its Kirazlı gold project, which has been blocked since 2019, when its mining licenses were not renewed amid protests. Alamos filed a $1 billion claim against Turkey in response, but said arbitration will be suspended and ultimately discontinued if certain contractual milestones are met.
‘This transaction marks a positive outcome, allowing us to crystallize significant value for our Turkish assets, and utilize the proceeds to support the development of our portfolio of other high-return growth projects’ — John A. McCluskey, Alamos Gold
Zijin Gold International, which operates all of Zijin Mining Group’s (OTC Pink:ZIJMF,HKEX:2899,SHA:601899) mines outside of China, is lining up a Hong Kong initial public offering (IPO) that could raise over US$3 billion.
Trading is set to begin on September 29, and the deal will value Zijin Gold at US$24.1 billion. According to Zijin Gold’s prospectus, it ranks ninth and eleventh globally in terms of gold reserves and production, respectively. The IPO is reportedly the world’s largest since May, and of course comes as gold continues on its record-setting price run.
The VanEck Gold Miners ETF (ARCA:GDX), better known as GDX, began tracking a new index on Friday. It now follows the MarketVector Global Gold Miners Index.
VanEck announced the change at the beginning of June, saying that it would coincide with GDX’s regular index reconstitution and rebalance cycle. In an update this week, the company shared how the shift will impact weightings for its holdings. While in many cases the difference is less than a percentage point, there are some larger changes — for example, Newmont’s weighting is falling by 6.04 percent; in addition, some companies have been removed or added.
So far VanEck hasn’t announced changes for the VanEck Junior Gold Miners ETF (ARCA:GDXJ). Adjustments to that fund could be interesting — market participants often note that it doesn’t provide true exposure to exploration-stage companies.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
While directly holding cryptocurrencies like Bitcoin and Ethereum is a popular option, investors looking for alternatives are clamoring for financial products such as crypto exchange-traded funds (ETFs).
Canada first launched Bitcoin and Ethereum ETFs in 2021. These Canadian Bitcoin and Ethereum ETFs allow investors to place returns in tax-sheltered accounts like tax-free savings accounts or registered retirement savings plans.
“There is a high demand for a Bitcoin product that has all the features that people love about ETFs — that they trade on an exchange, that they’re liquid,” Ross Mayfield, investment strategy analyst at Robert W. Baird & Co., told Bloomberg in mid-2021.
Interest has only increased since then. In the US, Bitcoin ETFs’ net assets surpassed US$100 billion in November 2024, gaining ground on US gold ETFs. Sean Farrell, head of digital asset strategy at Fundstrat, wrote in mid-2023 that the Bitcoin ETF category at large has the potential to surpass the precious metals ETF market in terms of asset value.
‘Bitcoin ETF eventually could become >$300 billion category,’ he said in the note.
Ethereum ETFs have also become a major talking point. Ethereum is the most widely used blockchain technology, and Ether, the digital currency of this platform, is the second largest cryptocurrency after Bitcoin.
In Q2 2025, Canadian ETF firms officially launched North America’s first Solana and XRP spot ETFs, offering investors exposure to the significant altcoins. The launch of XRP ETFs by Canadian firms comes amid increased clarity regarding XRP’s regulatory status in the US.
With that in mind, it’s worth taking a look at the currently available Canadian cryptocurrency ETFs.
The list below includes the biggest 15 crypto ETFs available on the Canadian market sorted by assets under management, and all data presented is current as of September 16, 2025.
Assets under management: C$1.48 billion
The Fidelity Advantage Bitcoin ETF launched in November 2021. It offers the security of Fidelity’s in-house cold storage services for its holdings.
While it previously had a management fee of 0.39 percent, the Fidelity Advantage Bitcoin ETF lowered it in January 2025 to an ultra-low management fee of 0.32 percent.
Assets under management: C$1.40 billion
Launched in March 2021, the CI Galaxy Bitcoin ETF was born out of a partnership between cryptocurrency leaders Galaxy Fund Management and CI Global Asset Management. Galaxy Fund Management is part of Galaxy Digital, a diversified financial services firm with a focus on digital assets and the blockchain technology sector.
The ETF’s objective is to give investors exposure to Bitcoin via an institutional-quality fund platform, as its holdings are wholly Bitcoin and are kept in cold storage. At 0.4 percent, this fund is another with one of the lowest management fees of the crypto funds on the market.
Assets under management: C$1.04 billion
Billed as the world’s first physically settled Bitcoin ETF, the Purpose Bitcoin ETF launched in February 2021 and is backed by Bitcoin in cold storage. This means the fund allows investors to add and sell Bitcoin with no digital wallet required.
Hosted by Canadian investment company Purpose Investments, the Purpose Bitcoin ETF has a management expense ratio of 1.5 percent.
Assets under management: C$805.65 million
The CI Galaxy Ethereum ETF, another collaboration between CI and Galaxy, offers investors exposure to the spot Ethereum price through Ether holdings in cold storage. The fund launched on April 20, 2021, the same day as two of the other Ether ETFs on this list.
The CI Galaxy Ethereum ETF has a low management fee of just 0.4 percent.
Assets under management: C$353.67 million
The 3iQ Solana Staking ETF is designed to provide investors with a user-friendly and secure way to gain exposure to SOL and earn passive rewards through staking. Its launch quickly garnered significant assets under management and attracted investments from SkyBridge Capital and two of ARK Invest’s ETFs.
For the first 12 months after its April 16, 2025, launch, the ETF features a 0 percent management fee. After this initial period, the management fee will be 0.15 percent.
Assets under management: C$261.36 million
Evolve ETFs partnered with cryptocurrency experts, including Gemini Trust Company, CF Benchmarks, Cidel Bank & Trust and CIBC Mellon Global Services, to launch the Evolve Bitcoin ETF. The fund, which holds its own Bitcoin, has a management fee of 0.75 percent.
Launched a week after the Purpose Bitcoin ETF, its holdings of Bitcoin are priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for Bitcoin denominated in US dollars.
Assets under management: C$253.94 million
The Purpose Ether ETF is a direct-custody Ether ETF that launched on April 20, 2021. This fund currently holds over 87,000 Ether, which it stores in cold storage.
The Purpose Ether ETF offers investors exposure to the daily price movements of physically settled Ether tokens with a management fee of 1 percent.
Assets under management: C$175.27 million
The 3iQ XRP ETF provides investors with exposure to XRP, the digital asset native to the XRP Ledger. The ETF, which launched on June 17, 2025, is passively managed and aims to track the performance of the CME CF XRP-Dollar Reference Rate. The underlying XRP is held in secure cold storage.
The fund’s primary objectives are to give unitholders an opportunity for long-term capital appreciation through exposure to XRP and its daily price movements against the US dollar. This XRP ETF has a 0 percent management fee for its first six months, after which time it will change to 0.59 percent.
Assets under management: C$124.85 million
The Purpose Bitcoin Yield ETF uses a covered call strategy to generate yield for investors, which involves writing call options on Bitcoin. Call options give the buyer an option to purchase an asset at a specific price on or before a specific date.
Its structure allows the fund to earn income from option premiums while providing investors with exposure to Bitcoin’s price movements. Its distributions are paid monthly and has a management fee of 1.1 percent.
Assets under management: C$107.32 million
The Evolve Ether ETF offers investors an easier route to investing in Ether. The fund’s holdings of Ether are priced based on the CME CF Ether-Dollar Reference Rate, a once-a-day benchmark index price for Ether denominated in US dollars.
As with the Evolve Bitcoin ETF, the Evolve Ether ETF has a management fee of 0.75 percent.
Assets under management: C$101.38 million
Following the successful launch of its Bitcoin fund, Fidelity brought its Advantage Ether ETF to market in September 2022, making this the newest Ether ETF in Canada. Its holdings are stored in Fidelity’s in-house cold storage.
The Fidelity Advantage Ether ETF has a low management fee of 0.4 percent.
Assets under management: C$89 million
Like the Purpose Bitcoin Yield ETF, the Purpose Ether Yield ETF offers investors an opportunity to invest in Ether while also generating yield. Purpose Investments lends a portion of its Ether holdings to institutional borrowers and earns interest on those loans.
Investors who purchase shares of this ETF receive a portion of the interest earned in monthly distributions. Like Purpose’s Bitcoin Yield ETF, its management fee is 1.1 percent.
Assets under management: C$82.27 million
The Purpose XRP ETF started trading on the Toronto Stock Exchange on June 18, 2025, as part of the launch of Canada’s first XRP ETFs. The fund invests directly in XRP, offering investors access to the XRP spot price.
The new asset is offering a 0 percent management fee through February 2026, after which time it will have a management fee of 0.69 percent.
Assets under management: C$78.95 million
The Evolve Cryptocurrencies ETF launched in September 2021 as the first multi-cryptocurrency ETF, providing combined exposure to both Bitcoin and Ether. Its holdings have since expanded to include XRP and Solana.
This product from Evolve ETFs allows investors to diversify their crypto portfolios and provides indirect exposure to the four coins, weighing them by market capitalization and rebalancing its holdings on a monthly basis. Bitcoin makes up the majority of its portfolio.
While this ETF has no management fee, the underlying funds that hold both Bitcoin and Ether have management fees of 0.75 percent plus applicable taxes.
Assets under management: C$53.96 million
The Purpose Solana ETF gives investors exposure to the price of the Solana cryptocurrency. Its purpose is to provide a regulated and convenient way for investors to participate in the Solana market without the complexities of directly buying and storing the digital asset.
A key feature of this specific ETF is that it was one of the world’s first with staking built right in. It has a low management fee of 0.39 percent.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
(TheNewswire)
Brossard, Quebec, September 18, 2025 TheNewswire Charbone Hydrogen Corporation (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE ‘) a company focused on green hydrogen production and distribution is pleased to announce the signature of Replacement Debentures of an amount of $2,050,000 (the ‘Replacement Debenture’ ) by amending certain terms of the secured convertible debentures of the Company (each, a ‘Debenture’ ) that the Company issued in connection with the private placement of debentures of an aggregate principal amount of $1,746,366 of 12% secured convertible debentures.
Before the Replacement Debenture took effect as of September 30, 2025, the Debentures were convertible into common shares of CHARBONE (each, a ‘Debenture Share’ ) at a conversion price of $0.10 per share until maturity.
Under the new Replacement Debenture:
The maturity date has been extended from September 30 and October 31, 2025 to September 30, 2026;
The convertible balance moves from $1.7 million to $2.1 million with the same annual rate of 12%, payable monthly, and
The conversion price of the Debentures moves from $0.10 per Debenture Share to $0.07 per Debenture Share
The new Replacement Debenture will be subject to the approval of the TSX Venture Exchange.
‘ These changes announce today to the existing debentures is providing a new financing flexibility to Charbone by extending significantly the maturities and provide us with additional financing to complete and execute the acquisition of the operational hydrogen production and refueling equipment, announced on September 5, 2025, ‘ said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE . ‘ As we gain momentum, we are continuously working towards optimizing our capital structure and advance our first-mover advantages as well as our shareholder interests .’
About Charbone Hydrogen CORPORATION
CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .
Forward-Looking Statements
This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.
Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .
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Contact Charbone Hydrogen Corporation |
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Telephone: +1 450 678 7171 |
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Email: ir@charbone.com Benoit Veilleux CFO and Corporate Secretary |
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Copyright (c) 2025 TheNewswire – All rights reserved.
News Provided by TheNewsWire via QuoteMedia
(TheNewswire)
Brossard (Québec), le 18 septembre 2025 – TheNewswire – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH,OTC:CHHYF , OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une compagnie spécialisée dans la production et la distribution d’hydrogène vert, est heureuse d’annoncer la signature de débentures convertibles de remplacement d’un montant de 2 050 000 $ (l’ « Débentures de remplacement » ) en modifiant certaines modalités des débentures convertibles garanties de la Société (chacune, une « Débenture ») que la Société avait émises dans le cadre du placement privé de débentures d’un montant en principal total de 1 746 366 $ de débentures convertibles garanties à 12 %.
Avant l’entrée en vigueur des débentures de remplacement le 30 septembre 2025, les débentures étaient convertibles en actions ordinaires de Charbone (chacune, une « Action de Débenture »), à un prix de conversion par action de 0.10$, jusqu’à l’échéance.
En vertu des nouvelles Débentures de remplacement :
La date d’échéance a été prolongée des 30 septembre et 31 octobre 2025 au 30 septembre 2026 ;
Le solde convertible, passe de 1,7 millions de dollars à 2,1 millions de dollars au même taux annuel de 12 %, payable mensuellement ; et
Le prix de conversion des débentures passe de 0,10$ par action à 0,07$ par action
Les nouvelles Débentures de remplacement seront assujetties à l’approbation de la Bourse de croissance TSX.
‘ Ces changements annoncés aujourd’hui aux débentures existantes offrent une nouvelle flexibilité de financement à Charbone en prolongeant considérablement les échéances et nous fournissent un financement supplémentaire pour compléter et exécuter l’acquisition de l’équipement opérationnel de production et de ravitaillement en hydrogène, annoncée le 5 septembre 2025 , a déclaré Benoit Veilleux, Chef de la direction financière et secrétaire corporatif de Charbone. ‘ À mesure que nous gagnons en élan, nous travaillons continuellement à optimiser notre structure de capital et à faire progresser nos avantages de pionnier ainsi que les intérêts de nos actionnaires . ‘
À propos de Charbone Hydrogène Corporation
Charbone est une entreprise intégrée spécialisée dans l’hydrogène ultrapur (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .
Énoncés prospectifs
Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.
Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.
Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.
Pour contacter Corporation Charbone Hydrogène :
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Téléphone bureau: +1 450 678 7171 |
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Courriel: ir@charbone.com Benoit Veilleux Chef de la direction financière et secrétaire corporatif |
Copyright (c) 2025 TheNewswire – All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Silver Hammer Mining Corp. (CSE: HAMR) (the ‘Company‘ or ‘Silver Hammer‘) is pleased to announce that, further to its news releases dated June 17, 2025 and August 5, 2025, it has closed the second and final tranche (the ‘Second Tranche‘) of its previously announced non-brokered private placement (the ‘Offering‘), issuing 26,864,491 units (the ‘Units‘) at a price of CDN$0.055 per Unit for gross proceeds of CDN$1,477,547.01. Together with the first tranche of the Offering, the Company has issued an aggregate of 32,890,909 Units and raised total gross proceeds of CDN$1,809,000 under the Offering.
‘The Company is pleased to be fully subscribed and close over CDN$1.8 million, and I am excited to continue to be a large shareholder in the Company by subscribing once again alongside our existing and new shareholders. We have had significant interest in the private placement, well above the funds raised, and truly appreciate the support in the market,’ commented Peter A. Ball, President & CEO. ‘It will be an exciting period going forward for the Company in this robust silver market, which is approaching $43 per ounce, and showing potential for additional upside in the sector for 2026 and beyond. The Company is positioned extremely well with the ability to explore its seven historical high-grade drill-ready silver mines in Idaho and Nevada within our three 100% owned silver projects, with no royalties, or cumbersome earn-in exploration agreements, or future payments required. It was a tough past twelve months, but the market is back and so is Silver Hammer!’
Each Unit consists of one common share in the capital of the Company (a ‘Share‘) and one transferable common share purchase warrant (a ‘Warrant‘). Each Warrant entitles the holder to acquire one additional Share at an exercise price of CDN$0.07 for a period of five years from the date of issuance.
The Second Tranche was completed in reliance on prospectus exemptions under National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106‘), and, for greater certainty, did not include any portion completed under the listed issuer financing exemption set out in Part 5A of NI 45-106. All securities issued in connection with the Second Tranche are subject to a statutory hold period of four months, expiring on January 19, 2026, in accordance with applicable securities laws.
In connection with the Second Tranche, the Company paid finder’s fees consisting of CDN$44,679.40 in cash and issued 1,012,353 finder’s warrants (the ‘Finder’s Warrants‘) to eligible finders. Each Finder’s Warrant is exercisable to acquire one Share at an exercise price of CDN$0.07 for a period of 60 months from the date of issuance.
Certain directors and officers of the Company have purchased an aggregate of 2,952,310 Units under the Second Tranche. Their participation constituted a ‘related party transaction’ within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the securities issued to insiders nor the consideration paid exceeded 25% of the Company’s market capitalization.
The Company intends to use the proceeds from the Offering for exploration of its Silver Strand project in Idaho and its Eliza and Silverton projects in Nevada (see below), as well as for general working capital and corporate purposes.
Projects Overview:
Silverton Project, Nevada
Silver Hammer has identified several targets at its 100% owned Silverton Project in Nevada and currently has 13 drill targets identified. The Company’s technical team is currently ranking and prioritizing targets at Silverton with a view towards completing a Phase I drill program in the fall of 2025. Previous exploration work, including rock and soil sampling, geologic mapping and satellite imagery, provided evidence of two separate mineralized systems: silver rich and gold rich. The volcanic-hosted gold system highlighted grades ranging from 0.06 grams per tonne (‘g/t’) to 6.1 g/t gold (‘Au’). The silver dominated mineral system is hosted by silicified limestone with grades ranging from 0.32 g/t silver (‘Ag’) to 692 g/t Ag.
Silver Strand Project, Idaho
The Company plans to follow up on previous exploration results at its 100% owned Silver Strand Project in Idaho by executing an eight (8) hole exploration drill program via its Plan of Operations Permit, which was previously approved. The majority of surface samples collected across the property have returned gold and silver mineralization, and historical and recent drilling completed by Silver Hammer in 2021 and 2022, and by previous operators in 2002, highlight high-grade silver and gold mineralization below the lowest level (90 metres) of the mine. In addition, the Company has recently been approached by a local operator to review the project and to potentially mine the Silver Strand Mine for feed for their milling operation through a small miner exemption previously granted.
Highlighted historical drill results and drill results completed by Silver Hammer (2021/2022) (refer to the Company’s website for detailed disclosure):
| Drill Hole # | Au Grade (g/t) | Ag Grade (g/t) | Length (m) |
| DDH02-001: | 9.76 | 24.50 | 2.20 |
| DDH02-003: | 10.20 | 199.06 | 3.30 |
| DDH02-004: | 10.90 | 522.00 | 1.50 |
| SS21-003: | 1.13 | 89.76 | 4.57 |
| SS21-004: | 5.17 | 18.07 | 1.24 |
| SS21-005: | 5.80 | 13.00 | 1.80 |
| SS21-006: | 1.29 | 80.85 | 7.93 |
| SS21-007: | 4.12 | 130.00 | 1.53 |
| SS22-017: | 2.90 | Not Sig. | 8.40 |
| SS22-015: | Not Sig. | 613.00 | 0.50 |
| SS22-018: | 0.67 | 212.00 | 1.50 |
| SS22-011: | 2.00 | 115.00 | 0.70 |
*All reported intervals are downhole core lengths. Estimated true thickness’ range from 50% to 90% depending on the angle of the drillholes. Drill holes DDH02-001, DDH02-003 and DDH02-004 were drilled by previous owner, New Jersey Mining Company in 2002.
Eliza Project, Nevada
The Company plans to follow up on the significant previous exploration results at its 100% owned Eliza Project in Nevada. Results from rock chip and grab samples (from 2021 and 2022) confirmed the existence of a well-developed silver-rich mineral system, which also showed elevated enrichments in copper (Cu), lead (Pb) and zinc (Zn):
| Sample ID No. | Ag (g/t) | Cu (%) | Zn (%) | Pb (%) |
| EZR007 | 1540 | 6.88 | 7.38 | Not Sig. |
| EZR008 | 1410 | 5.40 | 2.60 | 9.05 |
| PN662703 | 1290 | Not Sig. | Not Sig. | Not Sig. |
| PN662717 | 1180 | 7.70 | 13.4 | 11.00 |
| PN614025 | 450 | 4.89 | 15.00 | 9.04 |
The Company is currently fast tracking a property-wide Plan of Operations to submit to the USFS to ensure the project can be fully explored and advanced to a drill ready state on USFS ground, while also prioritizing exploration efforts for a 2026 drill program on patented ground within the Eliza Project area that encompasses the high-grade past-producing California Mine. The Company has completed a property-wide geophysical study, and ground truthing, including geologic mapping and structural analysis, to assist in finalizing the drill targets focused on the silver-rich mineral system mentioned above.
Qualified Person
Technical aspects of this press release have been reviewed and approved under the supervision of Philip Mulholland, P.Geo. Mr. Mulholland is a Qualified Person (QP) under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
Technical aspects above were also previously reported in a news release dated March 27, 2023. Please refer to the Company’s website at www.silverhammermining.com.
About Silver Hammer Mining Corp.
Silver Hammer Mining Corp. is a junior resource company focused on advancing past-producing high-grade silver projects in the United States. Silver Hammer controls 100% of seven previously producing silver mines which are located within the Silver Strand Project in the Coeur d’Alene Mining District in Idaho, USA, and within the Eliza Silver Project and the Silverton Silver Mine in Nevada. The Company also controls the Lacy Gold Project in British Columbia, Canada. Silver Hammer’s primary focus is to explore, define and develop silver projects near past-producing mines that have not been adequately tested. The Company’s portfolio also provides exposure to copper and gold.
On Behalf of the Board of Silver Hammer Mining Corp.
Peter A. Ball
President & CEO, Director
E: peter@silverhammermining.com
For investor relations inquiries, contact:
Peter A. Ball
President & CEO
778.344.4653
E: investors@silverhammermining.com
Forward-Looking Information
This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information in this press release includes, without limitation, statements relating to the Offering, the intended use of proceeds from the Offering, and other statements which are subject to a number of conditions, as described elsewhere in this news release. These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding the mining industry, commodity prices, market conditions, general economic factors, management’s ability to manage and to operate the business, and explore and develop the projects of the Company, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assume no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release.
Not for distribution to the U.S. newswire or for dissemination in the United States
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