News Archives - Page 74 of 76

MondayJul 06, 2020 10:32 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Issues Correction to Shares For Debt Details

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) on Friday announced a correction to the shares for debt details from its June 12 and 24, 2020 news releases. According to the update, the Company has executed shares for debt agreements, pursuant to which it will issue an ‎‎aggregate of 7,582,502 common shares in satisfaction of US$304,309 (including accrued interest) of indebtedness currently owed to six ‎arm’s ‎length creditors. All ‎shares issued pursuant to these transactions are subject to approval of the TSX Venture Exchange. To view the full press release, visit http://nnw.fm/dq28M About Petroteq Energy Inc. Petroteq is a fully integrated clean…

ThursdayJul 02, 2020 10:37 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Plans for Asphalt Ridge Following Valkor and TomCo JV

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, noted today’s earlier announcement issued by TomCo Energy PLC. Per the update, following the establishment by TomCo of a joint venture company, Greenfield Energy LLC (“Greenfield”) with Valkor LLC (“Valkor”) on June 17, Greenfield will take over the management and operations of Petroteq's oil sands plant at Asphalt Ridge, Utah (the “POSP”). As indicated in TomCo’s announcement, Greenfield intends to make certain upgrades to the POSP and undertake tests to assess its potential commerciality. Valkor remains party…

TuesdayJun 30, 2020 12:41 pm

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Announces Assay Results on 9 More Holes Drilled at Nevada Project

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today announced gold and silver assay results from nine more of the 25 holes recently drilled at its Bullfrog Project (“Project”). Among key highlights, the update reads, “Drilling continued to intercept thick intervals of gold mineralization in the Mystery Hill (MH) deposit. BH 20-6 intersected 110 meters averaging 0.41 g gold/t, including 26 meters of 0.91 g/t. BH-20-9 intersected 91 meters averaging 0.33 g/t and an upper interval of 6 meters averaging 0.53 at 23 meters. Most of the new intercepts are not in areas previously included in measured and indicated…

ThursdayJun 25, 2020 9:37 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Amendment to Securities and Shares for Debt

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, on Wednesday announced the amendment of three convertible debentures and three warrants issued to an arm’s length lender between July 2019 and October 2019. According to the update, the parties to the agreement intend to amend the conversion price applicable to the purchase price (US$650,000) of the US$780,000 principal amount convertible debentures from US$0.17, US$0.19 and US$0.21 to US$0.037. In addition, the parties intend to amend the exercise price of three warrants issued to the lender exercisable…

WednesdayJun 17, 2020 12:12 pm

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Announces Initial Gold and Silver Assay Results from Six of 25 Holes Drilled at Its Nevada Project

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today announced initial gold and silver assay results from six of 25 holes drilled at its Bullfrog Project (“Project”). The Project comprises 5,250 acres of strategic lands, established resources and prospective exploration potential in the Bullfrog Mining District, one of the most active gold exploration regions in North America, located 4 miles west of Beatty, Nevada, and 125 miles northwest of Las Vegas, Nevada. The Company has commanding land and resource positions in the Bullfrog mine area and is leveraging a significant dataset acquired from Barrick Bullfrog Inc. Among the highlights,…

MondayJun 15, 2020 1:53 pm

MiningNewsBreaks – Energy Fuels Inc.’s (NYSE American: UUUU) (TSX: EFR) Unique Competitive Advantages Featured in Exclusive Broadcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, today announced that its president and CEO, Mark Chalmers, has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 45+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Chalmers discussed Energy Fuels’ unique competitive advantages in the mining and production of uranium, vanadium and rare earth minerals, as well as the company’s recent milestones and operational goals for the balance of 2020. “There’s no company like Energy Fuels out there in the world,”…

MondayJun 15, 2020 10:28 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Execution of Shares for Debt Agreements

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, on Friday announced the execution of shares for debt agreements, pursuant to which it will issue an ‎‎aggregate of 7,064,864 common shares in satisfaction of US$389,712 (including accrued interest) of indebtedness currently owed to six ‎arm’s ‎length creditors. According to the update, the Company determined to satisfy the indebtedness with common shares in order to ‎‎preserve its cash for use on its extraction technology in Asphalt Ridge, Utah, as well as for working ‎capital. To view the…

ThursdayJun 11, 2020 10:18 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Partial Cash Redemption of Debentures, Proactive Management of Remaining Debt

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, today announced that it has delivered a notice to the holders of its currently outstanding floating rate convertible unsecured subordinated debentures, due December 31, 2020 (the "Debentures") that pursuant to the terms of the indenture (the "Indenture") governing the Debentures, the Company will redeem on July 14, 2020 (the "Redemption Date") Cdn$10,430,000 principal amount of the Cdn$20,860,000 Debentures outstanding. Per the update, the Debentures are redeemable for an amount equal to 101% plus accrued and unpaid interest, up to but excluding the Redemption Date.…

WednesdayJun 10, 2020 9:35 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Begins Commissioning Phase of Industrial-Scale Pilot Plant

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium development company, on Monday announced its completion of the construction of its industrial-scale lithium carbonate crystallisation pilot plant and commencement of the commissioning phase. According to the update, the plant is designed to take the intermediate product made by the Company’s LiSTR direct lithium extraction process (a high purity, concentrated lithium chloride solution) and convert it into a battery-quality (or better) lithium chemical as used by manufacturers in the lithium ion battery supply chain. “Saltworks has done a fantastic job delivering this state-of-the-art lithium carbonate crystallisation plant,…

TuesdayJun 09, 2020 10:10 am

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Announces Completion of 25-Hole Drill Program at Its Bullfrog Project

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today announced completion of a 25-hole drill program at its Bullfrog Project (the “Project”). According to the update, the Project is located in the Bullfrog Gold District, located 125 miles northwest of Las Vegas, and comprises 5,250 acres of strategic lands, established 43-101 compliant resources and prospective exploration potential. The company drilled a total of 12,520 feet (3,816 meters) and will release assay results in the coming weeks. “Our objectives focus on expanding known resources and limits of the M-S and Bullfrog pits while starting drill testing of our new Paradise…

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