Day: December 24, 2021

A.I.S. Resources Closes Financing

A.I.S. Resources Closes Financing

Written by Customer Service on . Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 23, 2021 (GLOBE NEWSWIRE) — A.I.S. Resources Limited (TSXV: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces the Company has closed its non-brokered private placement of 5,000,000 shares (“Shares“) at a price of $0.05 per Share for gross proceeds of $250,000 (the “Private Placement“). The proceeds will be used for exploration of the Company’s Australian gold projects and for general working capital purposes.  Closing of the Private Placement is subject to acceptance by the TSX Venture Exchange. All securities issued in connection with the Private Placement will be subject to a four-month hold period from the closing date under applicable Canadian securities laws. No finders fees are payable with respect to this placement. About A.I.S. Resources Limited A.I.S. Resources Limited is a publicly...

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Maxim Power Corp. Provides M2 Operations Update, CCGT Project Update and Updated Investor Presentation

Maxim Power Corp. Provides M2 Operations Update, CCGT Project Update and Updated Investor Presentation

Written by Customer Service on . Posted in Public Companies.

CALGARY, Alberta, Dec. 23, 2021 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) provides an update on its 204 MW Milner 2 (“M2”) operations, the combined cycle gas turbine (“CCGT”) expansion of M2 project, and updated Investor Presentation. M2 OPERATIONS UPDATE As previously reported, M2 initiated a routine planned maintenance outage on November 9, 2021 and also performed work to integrate several critical components of the CCGT expansion of M2. The outage was completed on November 30, 2021 and M2 returned to normal operation on December 1, 2021. M2 CCGT PROJECT UPDATE As a result of work performed during the planned maintenance outage in November, M2 has successfully increased its maximum electrical interconnection capacity with the Alberta Electric System Operator to 300...

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Traction Uranium Receives Results From Phase 1 Exploration Program at Whitewater Property in British Columbia

Traction Uranium Receives Results From Phase 1 Exploration Program at Whitewater Property in British Columbia

Written by Customer Service on . Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES VANCOUVER, British Columbia, Dec. 23, 2021 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE:TRAC) (“Traction” or the “Company”) is pleased to announce the results of recently completed Phase 1 exploration program at its Whitewater Property located in the Slocan Mining Division, Kaslo, British Columbia (the “Property”). The work was completed on two claim blocks (the North Block and the South Block) on the Property. The sample assays showed anomalous values of gold, silver, copper, lead and zinc. Highlights North Block Sampling (Total 76 Samples) Gold values were less than 0.01 gram per tonne (“g/t”) to 38.4 g/t. Silver values were 0.09 parts per million (“ppm”) to 449 ppm. Copper values were 12.9 ppm to 31,800 ppm. Lead values were 8.8 ppm to 78,700...

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