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Day: December 24, 2024

DEMESNE RESOURCES LTD. ANNOUNCES CLOSING OF A THIRD TRANCHE OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT FINANCING

– NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES – Vancouver, BC, Dec. 24, 2024 (GLOBE NEWSWIRE) — Demesne Resources Ltd. (CSE:DEME) (OTCQB:DEMRF) (“Demesne” or the “Company”) is pleased to announce that it has completed the third tranche (the “Third Tranche”) of its previously announced non-brokered private placement financing (the “Offering”). Pursuant to the Third Tranche, the Company issued 1,660,000 common shares of the Company (“Common Shares”), at a price of $0.25 per Common Share for gross proceeds of approximately $415,000.The Company plans to complete a subsequent tranche of the Offering, for gross proceeds of up to $424,599 in January 2025.In connection with the Third Tranche, the Company paid finder’s fees to eligible finders consisting of $17,150 in cash and 68,600 Common...

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Opus One Gold Corporation Announces Closing of Private Placement

MONTREAL, Dec. 24, 2024 (GLOBE NEWSWIRE) — Opus One Gold Corporation (OOR: TSXV) (“Opus One Gold” or the “Company”), is pleased to announce the closing of a non-brokered private placement of flow-through shares (“FT Shares”) and units of the Company (the “Units”) for aggregate gross proceeds of $1,495,750 (the “Offering”). In total, the Company issued 25,104,545 FT Shares for gross proceeds of $1,380,750 at a price per FT Share of $0.055 and 2,300,000 Units for gross proceeds of $115,000 at a price per Unit of $0.05, with each Unit being comprised of one common share of the Company (a “Share”) and one common share purchase warrant (each a “Warrant”, and together, the “Warrants”), with each Warrant entitling the holder to acquire one common share (each a “Warrant Share”) at an exercise price of $0.10 per Share for a period of 36...

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Puma Exploration Announces closing of $668,500 Non-Brokered Financing

RIMOUSKI, Québec, Dec. 24, 2024 (GLOBE NEWSWIRE) — Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) announces that it has closed a non-brokered placement (the “FT Private Placement”) consisting of 6,685,000 flow-through units (the “FT Units”) at $0.10 per FT Unit for gross proceeds of C$668,500. Each FT Unit comprises one flow-through share and one common share purchase warrant (“Warrant”). Each Warrant is exercisable to purchase one common share of the Company at $0.15 per share valid for 24 months. The Warrants are subject to an acceleration clause that entitles the Company to provide notice (the “Acceleration Notice”) to holders that they will expire 30 days from the date the Company delivers the Acceleration Notice. The Company can only provide the Acceleration Notice if the closing price...

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Northfield Capital Executes Share Purchase Agreements for Acquisition of Additional Interest in Voyageur Mineral

TORONTO, Dec. 24, 2024 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (the “Company”) is pleased to announce that it has entered into binding share purchase agreements (the “Purchase Agreements”) with five shareholders of Voyageur Mineral Explorers Corp. (“Voyageur”) pursuant to which the Company has agreed to acquire an aggregate of 4,787,301 common shares of Voyageur (“Voyageur Shares”) in consideration for the issuance to such shareholders of an aggregate of 143,619 class A restricted voting shares in the capital of the Company (the “Northfield Shares”). Pursuant to the transactions contemplated in the Purchase Agreements (collectively, the “Transaction”), each Voyageur Share will be exchanged for 0.029999983 of a Northfield Share (the “Exchange Ratio”). The Purchase Agreements contain customary representations,...

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Bocana Resources Corp. Provides a Corporate Update

CALGARY, Alberta, Dec. 24, 2024 (GLOBE NEWSWIRE) — Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1) (“Bocana” or “Company”) announces it has received a letter of resignation from Mr. David Thompson from the Company’s Board of Directors, effective December 20, 2024. Bocana and the Board of Directors appreciate all of the time and efforts that Mr. Thompson provided to the Company and wish him well in his other duties. The Board of Directors has unanimously approved the appointment of Mr. Saleem Sarwar to fill the vacancy until the next annual meeting of the Shareholders, in accordance with the constating documents of the Corporation and the Business Corporations Act (Alberta) (the “ABCA”). Mr. Sarwar has over 23 years’ experience in the commodities trading industry having started in 2001 working for Ransmile...

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Mosaic Announces Company Updates

MONTREAL, Dec. 24, 2024 (GLOBE NEWSWIRE) — Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “the Company”) announces some updates about the Company and takes this opportunity to thank its shareholders, partners and suppliers for their trust throughout 2024 and wishes them a Merry Christmas and a Happy New Year 2025. Mirabelli and Maqua Results The Company announces that it has received all its results related to the summer and fall 2024 exploration campaigns on the Mirabelli SM and Maqua SM properties. These do not reveal any significant grades in the metals and minerals initially sought. Management announces that exploration work will not be continued on these properties. The Company also announces that it no longer intends to continue exploration related to Lithium and will focus on the gold potential of its properties, in...

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Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date December 13, 2024

NEW YORK, Dec. 24, 2024 (GLOBE NEWSWIRE) — At the end of the settlement date of December 13, 2024, short interest in 3,063 Nasdaq Global MarketSM securities totaled 11,912,589,852 shares compared with 11,857,580,215 shares in 3,065 Global Market issues reported for the prior settlement date of November 29, 2024. The mid-December short interest represents 2.65 days compared with 2.36 days for the prior reporting period. Short interest in 1,672 securities on The Nasdaq Capital MarketSM totaled 2,179,343,976 shares at the end of the settlement date of December 13, 2024, compared with 2,052,759,872 shares in 1,665 securities for the previous reporting period. This represents a 1.00 day average daily volume; the previous reporting period’s figure was 1.00. In summary, short interest in all 4,735 Nasdaq® securities totaled 14,091,933,828...

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Verde Announces CEO’s Decision to End Automatic Securities Disposition Plan

SINGAPORE, Dec. 24, 2024 (GLOBE NEWSWIRE) — Verde AgriTech Ltd. (TSX: “NPK”) (OTCQX: “VNPKF”) (“Verde” or the “Company”) announces that its President and Chief Executive Officer, Cristiano Veloso, has terminated the automatic securities disposition plan (the “ASDP“) previously announced in the Company’s press release dated September 28, 2023.1 Mr. Veloso was not in possession of material non-public information at the time the securities broker was provided with notice to terminate the ASDP. In accordance with the terms of the ASDP, the termination will become effective on January 24, 2025, being 30 days following the date notice of termination was provided. This decision relates to personal financial planning and confirms Mr. Veloso’s confidence in the company’s future prospects. About Verde AgriTech Verde...

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Fredonia Mining Inc. Announces Filing of Technical Report for the Maiden Mineral Resource Estimate at El Dorado Monserrat Project, Argentina and Option Grant

TORONTO, Dec. 24, 2024 (GLOBE NEWSWIRE) — Fredonia Mining Inc. (“Fredonia” or the “Company”) (TSXV:FRED) announces that it has filed a technical report for its wholly-owned El Dorado Monserrat (“EDM”) Gold & Silver Project, Santa Cruz province, Argentina  (the “Technical Report“) pursuant to National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101“). The Technical Report supports the disclosure made by the Company in its November 11, 2024 news release announcing the Maiden Mineral Resource Estimate at El Dorado Monserrat Project, Argentina. The Technical Report is titled “Maiden Mineral Resources Estimate on the El Dorado Monserrat Property, Gold and Silver Project Santa Cruz Province, Argentina” with an effective date of November 8, 2024, and was prepared by...

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A Member of the UAE Royal Family Joins the Color Star Family

NEW YORK, Dec. 24, 2024 (GLOBE NEWSWIRE) — Color Star Technology Co., Ltd. (Nasdaq: ADD) (“Color Star” or the “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that His Highness Shaikh Humaid Abdulla Rashed Ahmed Almualla, a prominent member of the United Arab Emirates royal family, has officially joined the company as an independent director of the Company’s board of directors. This appointment not only introduces strong leadership to Color Star but also strengthens the company’s ties with the Middle East, particularly the UAE. His Highness Shaikh Humaid Abdulla Rashed Ahmed Almualla is a distinguished figure in UAE politics, wielding considerable influence in the...

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