C29 Metals (C29:AU) has announced C29 Signs Binding HOA to Drive Growth
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Hazer Group Ltd (‘Hazer’ or ‘the Company’) (ASX: HZR) is pleased to announce it has entered into a binding Alliance Agreement (the “Alliance”) with Kellogg Brown and Root LLC (NYSE: KBR, “KBR”) a global leader in technology and engineering solutions, for the commercial deployment and licensing of Hazer’s proprietary methane pyrolysis technology.
Highlights
- Binding strategic alliance with KBR (NYSE: KBR), a world-leading engineering group and global technology licensor set to supercharge Hazer’s commercialisation strategy
- Hazer is KBR’s exclusive partner for marketing and licensing of methane pyrolysis technology
- Clear revenue visibility targeting multiple license deals within 6 years, materially derisking Hazer’s business plan
- Capital-lite licensing model maintained; KBR A$3million work program contribution preserves Hazer’s robust funding position
- Strengthens Hazer’s market penetration into high-growth market segments of ammonia and methanol, and regions including North America and Middle East
- CEO Glenn Corrie and other members of the management team will be hosting a webinar on Wednesday, 07 May 2025 at 09:00am (AWST) / 11:00am (AEST). Details provided below
KBR – A Global Leader in Technology Licensing
KBR is a world-renowned engineering and technology company delivering engineering and cutting-edge technology licensing solutions to companies and governments across energy, chemicals, infrastructure and defence. KBR has licensed over 260 grassroots ammonia plants since 1943. Over 50% of the world’s ammonia is produced using KBR’s ammonia process.
KBR also brings a strong track record in commercialising breakthrough industrial technologies. Notable partnerships include ExxonMobil for next-generation catalyst development, and Mura Technology (including a US$100 million strategic investment) to scale its proprietary plastic recycling solution world-wide.
Under the Alliance, KBR will be Hazer’s exclusive global partner for the marketing, licensing and deployment of Hazer technology to customers in the ammonia and methanol markets. KBR and Hazer will also work closely to pursue licensing opportunities in decarbonizing hydrogen markets beyond these exclusive markets.
KBR’s President Sustainable Technology Solutions, Jay Ibrahim, said:“KBR’s proven global expertise in deploying sustainable technology solutions complements Hazer’s leading methane pyrolysis technology, making us ideal partners. Our market assessment and due diligence have highlighted Hazer’s potential to decarbonize the global ammonia and methanol sectors. We are excited to partner with Hazer to provide a compelling low- carbon hydrogen production solution to meet growing global demand.’
Hazer’s CEO and Managing Director, Glenn Corrie, said:“We are excited to be joining forces with KBR to commercialise Hazer’s world-leading clean hydrogen technology on the global stage. This is a transformational transaction for Hazer coming at a critical time when the world urgently needs affordable, low-emissions hydrogen to decarbonise legacy hard-to-abate industries. Building on the momentum of our successful Commercial Demonstration Plant and technology test program, which laid the foundations of commercialisation last year, this partnership represents a strong endorsement and the next logical step in delivering on our strategic roadmap and unlocking long-term value for shareholders.
KBR has the scale, capability and reputation to help accelerate the deployment of Hazer’s technology at industrial scale. We see immediate potential in the ammonia and methanol sectors – industries with significant CO2 footprints and strong demand for clean alternatives. KBR’s market leadership, global reach and execution strength make them an ideal partner to bring our vision to life.”
Strategic Alliance to Commercialise Hazer’s Leading Methane Pyrolysis Technology
Under the Alliance, Hazer and KBR will collaborate on the up-scaling, marketing and licensing of the Hazer technology for commercial deployment.
Under the terms of the agreement, KBR will be Hazer’s exclusive licensing partner for the ammonia and methanol markets while working closely in other hydrogen sectors. The initial term of the Alliance is six (6) years with an option to extend subject to the achievement of performance metrics. The parties have agreed to collaborate on the development of a design package for Hazer facilities targeting hydrogen capacities of 50,000+ tonne per annum as well as the global sales, marketing and licensing of Hazer’s technology. Hazer will be KBR’s exclusive methane pyrolysis technology provider.
The total cost of the Alliance work program is anticipated to be in the range A$3.0-5.0 million of which KBR will contribute approximately A$3.0 million over the work program period. The Alliance is underpinned by performance objectives with a target of securing multiple firm licensing opportunities during the initial term.
In respect of royalty and licensing fee sharing, the Company will keep the market informed as license arrangements are signed. Hazer’s pre-existing portfolio and opportunity pipeline is not subject to the terms of the Alliance. An incentive structure applies in the event KBR secures a license for the first commercial unit secured within three years. There is no financial impact at this stage as no client agreements are in place.
In other terms, the agreement can terminate if licensing performance metrics are not met. Hazer retains full ownership of its existing intellectual property. The agreement otherwise contains terms customary for an arrangement of this kind.
Click here for the full ASX Release
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Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Metals & Mining Virtual Investor Conference held May 6-8 th .
Individual investors, institutional investors, advisors, and analysts are invited to attend.
REGISTER HERE
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.
‘We are excited to welcome a full roster of over 20 OTCQX and OTCQB companies to our 3-day Metals and Mining Virtual Investor Conference,’ said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. ‘Our platform is tailored to meet the needs of today’s resource companies as they look to engage a broader investor base.’
May 6th
| Eastern Time (ET) |
Presentation | Ticker(s) |
| 9:30 AM ET | Northern Superior Resources Inc. | (OTCQB: NSUPF | TSXV: SUP) |
| 10:00 AM ET | Luca Mining Corp. | (OTCQX: LUCMF | TSXV: LUCA) |
| 10:30 AM ET | Castile Resources Limited | (OTCQB: CLRSF | ASX: CST) |
| 11:00 AM ET | Sun Summit Minerals Corp. | (OTCQB: SMREF | TSXV: SMN) |
| 11:30 AM ET | Amex Exploration Inc. | (OTCQX: AMXEF | TSXV: AMX) |
| 12:00 PM ET | Ucore Rare Metals, Inc. | (OTCQX: UURAF | TSXV: UCU) |
| 12:30 PM ET | Kootenay Silver Inc. | (OTCQX: KOOYF | TSXV: KTN) |
| 1:00 PM ET | Camino Minerals Corp. | (Pink: CAMZF | TSXV: COR) |
| 2:00 PM ET | Precipitate Gold Corp. | (OTCQB: PREIF | TSXV: PRG) |
| 3:00 PM ET | Callinex Mines Ltd. | (OTXQX: CLLXF | TSXV: CNX) |
May 7th
| Eastern Time (ET) |
Presentation | Ticker(s) |
| 9:30 AM ET | Canada Nickel Company Inc. | (OTCQX: CNIKF| TSXV: CNC) |
| 10:30 AM ET | Anfield Energy Inc. | (OTCQB: ANLDF | TSXV: AEC) |
| 11:00 AM ET | Newcore Gold Ltd. | (OTCQX: NCAUF | TSXV: NCAU) |
| 11:30 AM ET | Empire Metals Ltd. | (OTCQB: EPMLF | AIM: EEE) |
| 12:30 PM ET | Cerrado Gold Inc. | (OTCQX: CRDOF | TSXV: CERT) |
| 1:00 PM ET | Silver Tiger Metals Inc. | (OTCQX: SLVTF | TSXV: SLVR) |
| 1:30 PM ET | Horizon Copper Corp. | (OTCQX: HNCUF | TSXV: HCU) |
| 2:00 PM ET | Kodiak Copper Corp. | (OTCQB: KDKCF | TSXV: KDK ) |
| 2:30 PM ET | Rua Gold Inc. | (OTCQB: NZAUF | TSXV: RUA) |
| 3:00 PM ET | DynaResource, Inc. | (OTCQX: DYNR) |
May 8 th
| Eastern Time (ET) |
Presentation | Ticker(s) |
| 9:30 AM ET | Novo Resources Corp. | (OTCQB: NSRPF | TSX: NVO) |
| 10:00 AM ET | Ecora Resources PLC | (OTCQX: ECRAF | TSX: ECOR) |
| 10:30 AM ET | Power Metallic Mines Inc. | (OTCQB: PNPNF | TSXV: PNPN) |
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .
About Virtual Investor Conferences ®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Media Contact:
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com
Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
News Provided by GlobeNewswire via QuoteMedia
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Empire Metals Limited (OTCQB: EPMLF, AIM: EEE), based in London, UK, and Perth, Australia, and focused on the Pitfield Project, the largest titanium discovery globally, today announced that Shaun Bunn, Managing Director, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 7 th .
DATE : May 7 th
TIME: 11:30 AM ET
LINK: REGISTER HERE
Shaun Bunn, MD, will be presenting and Empire’s Head of Corporate Development, Arabella Burwell, will be available for 1×1 meetings: May 7, 12 and 13
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com .
Recent Company Highlights
- Confirmation of widespread and continuous, high-grade titanium dioxide (‘TiO 2 ‘) mineralization within the in-situ weathered cap at Pitfield, extending from surface to depths of over 50 meters.
- Broad, continuous, high-grade zones identified in every hole of drilling program, with an average weathered interval grade of 5.77% TiO 2 .
- Preliminary test work delivered a high-purity TiO 2 product, which assayed at 91.6% TiO 2 .
- The TiO 2 product under development at Pitfield is entirely free of any deleterious impurities and is suitable for high-quality titanium sponge metal or high-grade titanium dioxide pigment production.
About Empire Metals Limited
Empire Metals is an exploration and resource development company with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO 2 ) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO 2 mineralization, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tons with a grade range of 4.5 to 5.5% TiO 2 . Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tons with a grade range of 4.8 to 5.9% TiO 2 .
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realize the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.
About Virtual Investor Conferences ®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
CONTACTS:
Empire Metals Limited
Arabella Burwell
Corporate Development
+44 (0) 20 4583 1440
aburwell@empiremetals.co.uk
Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
News Provided by GlobeNewswire via QuoteMedia
This post appeared first on investingnews.com
Gold trended down this week, dropping to just over US$3,200 per ounce on the first day of May.
While the yellow metal remains historically high after a strong run this year, its price has pulled back from last week’s record-setting level of US$3,500, causing concern for some market participants.
However, many experts agree that this week’s retreat isn’t a reason to worry.
His technical analysis shows that the US$3,100 to US$3,140 area will be important to watch moving forward — in his view, that’s when bullish players should start re-entering the space, boosting the price.
Soloway also outlined gold’s future price potential, saying he sees a potential path to US$7,000. Check out the full interview for more of his thoughts on gold, as well as silver and the US economy.
Bullet briefing — Fed to meet next week, US-Ukraine deal signed
Market watchers eye Fed meeting
Eyes are shifting to the US Federal Reserve’s next meeting, set to run from May 6 to 7. It follows initial numbers showing that real GDP contracted by an annual rate of 0.3 percent in Q1.
That’s the first negative reading since 2022, and as the news weighed on the stock market, US President Donald Trump took to social media to suggest the data is an ‘overhang’ from Joe Biden’s term.
Trump has pressured Fed Chair Jerome Powell to cut interest rates sooner than later, but CME Group’s FedWatch tool shows the vast majority of market participants expect rates to stay flat.
Trump advisor Elon Musk also has his eye on the Fed. Speaking to reporters on Wednesday (April 30), he said the US$2.5 billion renovation of the central bank’s headquarters could become a point of inquiry for the Department of Government Efficiency, better known as DOGE.
Calling the cost an ‘eyebrow raiser,’ Musk questioned where the money is being spent. The price of the project was initially set at US$1.9 billion in 2021, but has increased since then.
‘Since at the end of the day, this is all taxpayer money, I think we certainly — we should definitely — look to see if indeed the Federal Reserve is spending $2.5 billion on their interior designer’ — Musk
US, Ukraine sign critical minerals deal
The US and Ukraine signed a much-anticipated minerals deal on Wednesday, ending months of often-tense negotiations between the two countries. If approved by parliament in Ukraine, the agreement will set up a reconstruction investment fund that will be split 50/50 between each party.
According to Ukrainian officials, the deal is more equitable than previous versions.
The fund will be financed only by new licenses for critical materials, oil and gas; aside from that, Ukraine will not have to pay back wartime aid provided by the US.
While Ukraine had pushed for security guarantees from the US, that component ultimately wasn’t put in place. However, the US may provide new assistance to Ukraine, such as air defense systems.
A total of 55 minerals are reportedly covered in the arrangement, but more can be added in the future if there is consensus between the US and Ukraine. Although the US will get preferential rights to mineral extraction, Ukraine will have the final say on what is mined and where, and will retain subsoil ownership.
The agreement comes on the back of an increasing global focus on critical minerals, many of which are key for new technology and important industries like defense.
It’s worth noting that while Ukraine is home to a wide variety of these commodities, more geological data will be needed to determine commercial viability — for example, there is no up-to-date information on the country’s reserves of rare earths, which are important to the US.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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Empire Metals Limited (LON:EEE)(OTCQB:EPMLF), the AIM-listed and OTCQB-traded resource exploration and development company, is pleased to inform investors of its upcoming participation in two key industry events:
- RIU Sydney Resources Round-up (6-8 May 2025 at the Hyatt Regency in Sydney, NSW), where the Company will be delivering a presentation to delegates and will meet existing and prospective investors at its booth in the exhibition area; and
These events provide an opportunity for the Company to update shareholders and potential investors on recent developments and strategic plans, including highlights from the ongoing exploration and development activities at the Pitfield Project and other key announcements made in recent weeks.
An updated corporate presentation, reflecting the Company’s latest developments, is available on the Company’s website at: https://www.empiremetals.com/investors/shareholder-documents/presentations/.
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
About Empire Metals Limited
Empire Metals is an AIM-listed and OTCQB-traded exploration and resource development company (LON:EEE)(OTCQB:EPMLF) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO₂ mineralisation, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Source
Click here to connect with Empire Metals Limited (LON:EEE)(OTCQB:EPMLF) to receive an Investor Presentation
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Saga Metals Corp. (the ‘Company’ or ‘SAGA’) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce that it intends to complete a financing by way of a non-brokered private placement for aggregate gross proceeds of C$2,500,000 comprised of: (i) 2,500,000 flow-through common share units of the Company (the ‘ FT Units ‘) at C$0.30 per FT Unit for gross proceeds of C$750,000, and, (ii) 7,000,000 hard dollar common share units of the Company (the ‘ HD Units ‘, and together with the FT Units, the ‘ Securities ‘) at C$0.25 per HD Unit for gross proceeds of C$1,750,000 (collectively, the ‘ Offering ‘).
Financing Overview:
Each FT Unit consists of one flow-through common share (a ‘ FT Share ‘) as defined in subsection 66(15) of the Income Tax Act (Canada) (the ‘ Tax Act ‘), and one transferable common share purchase warrant (a ‘ Warrant ‘). Each Warrant will entitle its holder to purchase one common share in the capital of the Company (a ‘ Warrant Share ‘) at a price of C$0.50 for 24 months from the closing date of the Offering (the ‘ Closing Date ‘). The Warrants and the Warrant Shares underlying the FT Units will not qualify as ‘flow-through shares’ under the Tax Act.
Each HD Unit consists of one common share (a ‘ HD Share ‘) and one Warrant. Each Warrant will entitle its holder to purchase one Warrant Share at a price of C$0.50 for 24 months from the Closing Date.
Each of the Warrants will be subject to the right of the Company to accelerate the expiry date of the Warrants to a date that is 30 days following dissemination of a news release announcing such acceleration if, at any time, after the Closing Date, the closing price of the Company’s common shares equals or exceeds C$0.75 for a period of ten consecutive trading days on the TSX Venture Exchange.
All securities issued in connection with the Offering are subject to a hold period of four months and one day following the Closing Date pursuant to applicable securities laws. The Company may pay finder’s fees in connection with the Offering.
The gross proceeds from the FT Units will be used by the Company for ‘Canadian exploration expenses’ that are ‘flow-through critical mineral mining expenditures’ (as such terms are defined in the Tax Act) on the Company’s Labrador, Canada properties, including the Company’s flagship asset, the Double Mer Uranium Project. The net proceeds of the HD Units will be used by the Company for administrative and general working capital.
The securities of SAGA have not been and will not be 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, within the United States, unless exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws are available.
No securities regulatory authority has reviewed or approved of the contents of this news release. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of SAGA in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Digital Marketing Services Agreement with Machai Capital Inc.
The Company further reports that it entered into a digital marketing services agreement dated May 1, 2025 (the ‘ Marketing Agreement ‘) with Machai Capital Inc. (‘ Machai ‘). Pursuant to the Marketing Agreement, Machai will, among other things, provide the Company with certain marketing services to expand investor awareness of the Company’s business and to communicate with the investment community (the ‘ Machai Services ‘). The Machai Services will be provided by Machai over a 60-day term. The Marketing Agreement may be terminated at any time by mutual consent of both parties.
The Machai Services will include, among other things: (i) branding, content and data optimization to assist the Company to create in-depth marketing campaigns, and (ii) tracking, organizing and executing the Machai Services through search engine optimization, search engine marketing, lead generation, digital marketing, social media marketing, email marketing, and brand marketing. In consideration of the Machai Services, and pursuant to the terms and conditions of the Marketing Agreement, the Company has agreed to pay Machai a fee of C$200,000 (plus applicable taxes) over a 60-day term, which will be paid using the Company’s available working capital. This agreement may be terminated at any time, with mutual consent of both parties
The Machai Services will be rendered primarily online through a variety of news and investment community communications channels. Suneal Sandhu, the President of Machai – located at 101 – 17565 – 58 Avenue, Surrey, BC, V3S 4E3 – will be involved in conducting the Machai Services. Machai and Mr. Sandhu do not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.
The terms and conditions of the Marketing Agreement remain subject to approval of the TSX Venture Exchange.
Consulting Agreement with Simone Capital Corp.
In addition, the Company reports that it entered into a consulting agreement dated May 1, 2025 (the ‘ Consulting Agreement ‘) with Simone Capital Corp. (‘ Simone Capital ‘). Pursuant to the Consulting Agreement, Simone Capital will, among other things, provide the Company with consulting and marketing services consisting of non-deal or deal roadshows, coordinating introductory meetings and presentations with potential investors, daily outreach to the investment community, phone, email and social media marketing campaigns, webinars and capital markets advisory services (the ‘ Simone Services ‘). The Simone Services will be provided by Simone Capital over a term beginning on May 5, 2025 and remain in effect for 180 days or until the Consulting Agreement is terminated. The Consulting Agreement may be terminated: (i) immediately by the Company if Simone Capital does not fulfill or perform the Simone Services outlined in the Consulting Agreement, and (ii) by either party upon 15 days’ advance written notice to the other party during the contract term.
In consideration of the Simone Services, and pursuant to the terms and conditions of the Consulting Agreement, the Company has agreed to pay Simone Capital a fee of C$10,000 per month (plus applicable taxes) for the Simone Services, which will be paid using the Company’s available working capital.
The Simone Services will be rendered primarily online through a variety of news and investment community communications channels. Anthony Simone, the President of Simone Capital – with at head office located at Suite 201, 907 Alness St, North York, ON, M3J 2J1 – will be involved in conducting the Simone Services. Simone Capital and Mr. Simone do not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.
The terms and conditions of the Consulting Agreement remain subject to approval of the TSX Venture Exchange.
About Saga Metals Corp.
Saga Metals Corp. is a North American mining company focused on the exploration and discovery of critical minerals that support the global transition to green energy. The company’s flagship asset, the Double Mer Uranium Project, is located in Labrador, Canada, covering 25,600 hectares. This project features uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U 3 O 8 and uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).
In addition to its uranium focus, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Lithium.
SAGA also holds additional exploration assets in Labrador, where the company is focused on the discovery of titanium, vanadium, and iron ore. With a portfolio that spans key minerals crucial to the green energy transition, SAGA is strategically positioned to play an essential role in the clean energy future.
On Behalf of the Board of Directors
Mike Stier, Chief Executive Officer
For more information, contact:
Saga Metals Corp.
Investor Relations
Tel: +1 (778) 930-1321
Email: info@sagametals.com
www.sagametals.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Disclaimer
This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s plans and objectives in respect of the terms and conditions of the Offering, the gross proceeds of the Offering, the use of proceeds from the Offering , the receipt of the Machai Services and Simone Services, and the terms of the Marketing Agreement and the Consulting Agreement. 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. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the structure of the Offering, the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, risks and uncertainties involved in the mineral exploration and development industry, and the risks detailed in the Company’s final prospectus in Manitoba and amended and restated final prospectus for British Columbia, Alberta and Ontario dated August 30, 2024, filed under its SEDAR+ profile at www.sedarplus.ca, and in the continuous disclosure filings made by the Company with securities regulations from time to time. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable securities law.
News Provided by GlobeNewswire via QuoteMedia
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Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Metals & Mining Virtual Investor Conference held May 6-8 th .
Individual investors, institutional investors, advisors, and analysts are invited to attend.
REGISTER HERE
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.
‘We are excited to welcome a full roster of over 20 OTCQX and OTCQB companies to our 3-day Metals and Mining Virtual Investor Conference,’ said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. ‘Our platform is tailored to meet the needs of today’s resource companies as they look to engage a broader investor base.’
May 6th
| Eastern Time (ET) |
Presentation | Ticker(s) |
| 9:30 AM ET | Northern Superior Resources Inc. | (OTCQB: NSUPF | TSXV: SUP) |
| 10:00 AM ET | Luca Mining Corp. | (OTCQX: LUCMF | TSXV: LUCA) |
| 10:30 AM ET | Castile Resources Limited | (OTCQB: CLRSF | ASX: CST) |
| 11:00 AM ET | Sun Summit Minerals Corp. | (OTCQB: SMREF | TSXV: SMN) |
| 11:30 AM ET | Amex Exploration Inc. | (OTCQX: AMXEF | TSXV: AMX) |
| 12:00 PM ET | Ucore Rare Metals, Inc. | (OTCQX: UURAF | TSXV: UCU) |
| 12:30 PM ET | Kootenay Silver Inc. | (OTCQX: KOOYF | TSXV: KTN) |
| 1:00 PM ET | Camino Minerals Corp. | (Pink: CAMZF | TSXV: COR) |
| 2:00 PM ET | Precipitate Gold Corp. | (OTCQB: PREIF | TSXV: PRG) |
| 3:00 PM ET | Callinex Mines Ltd. | (OTXQX: CLLXF | TSXV: CNX) |
May 7th
| Eastern Time (ET) |
Presentation | Ticker(s) |
| 9:30 AM ET | Canada Nickel Company Inc. | (OTCQX: CNIKF| TSXV: CNC) |
| 10:30 AM ET | Anfield Energy Inc. | (OTCQB: ANLDF | TSXV: AEC) |
| 11:00 AM ET | Newcore Gold Ltd. | (OTCQX: NCAUF | TSXV: NCAU) |
| 11:30 AM ET | Empire Metals Ltd. | (OTCQB: EPMLF | AIM: EEE) |
| 12:30 PM ET | Cerrado Gold Inc. | (OTCQX: CRDOF | TSXV: CERT) |
| 1:00 PM ET | Silver Tiger Metals Inc. | (OTCQX: SLVTF | TSXV: SLVR) |
| 1:30 PM ET | Horizon Copper Corp. | (OTCQX: HNCUF | TSXV: HCU) |
| 2:00 PM ET | Kodiak Copper Corp. | (OTCQB: KDKCF | TSXV: KDK ) |
| 2:30 PM ET | Rua Gold Inc. | (OTCQB: NZAUF | TSXV: RUA) |
| 3:00 PM ET | DynaResource, Inc. | (OTCQX: DYNR) |
May 8 th
| Eastern Time (ET) |
Presentation | Ticker(s) |
| 9:30 AM ET | Novo Resources Corp. | (OTCQB: NSRPF | TSX: NVO) |
| 10:00 AM ET | Ecora Resources PLC | (OTCQX: ECRAF | TSX: ECOR) |
| 10:30 AM ET | Power Metallic Mines Inc. | (OTCQB: PNPNF | TSXV: PNPN) |
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .
About Virtual Investor Conferences ®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Media Contact:
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com
Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
News Provided by GlobeNewswire via QuoteMedia
This post appeared first on investingnews.com
Empire Metals Limited (OTCQB: EPMLF, AIM: EEE), based in London, UK, and Perth, Australia, and focused on the Pitfield Project, the largest titanium discovery globally, today announced that Shaun Bunn, Managing Director, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 7 th .
DATE : May 7 th
TIME: 11:30 AM ET
LINK: REGISTER HERE
Shaun Bunn, MD, will be presenting and Empire’s Head of Corporate Development, Arabella Burwell, will be available for 1×1 meetings: May 7, 12 and 13
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com .
Recent Company Highlights
- Confirmation of widespread and continuous, high-grade titanium dioxide (‘TiO 2 ‘) mineralization within the in-situ weathered cap at Pitfield, extending from surface to depths of over 50 meters.
- Broad, continuous, high-grade zones identified in every hole of drilling program, with an average weathered interval grade of 5.77% TiO 2 .
- Preliminary test work delivered a high-purity TiO 2 product, which assayed at 91.6% TiO 2 .
- The TiO 2 product under development at Pitfield is entirely free of any deleterious impurities and is suitable for high-quality titanium sponge metal or high-grade titanium dioxide pigment production.
About Empire Metals Limited
Empire Metals is an exploration and resource development company with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO 2 ) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, bedded TiO 2 mineralization, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tons with a grade range of 4.5 to 5.5% TiO 2 . Included within the total Exploration Target* is a subset that covers the weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tons with a grade range of 4.8 to 5.9% TiO 2 .
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realize the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.
About Virtual Investor Conferences ®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
CONTACTS:
Empire Metals Limited
Arabella Burwell
Corporate Development
+44 (0) 20 4583 1440
aburwell@empiremetals.co.uk
Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
News Provided by GlobeNewswire via QuoteMedia
This post appeared first on investingnews.com