Mining

Thursday Nov 09, 2023 - 1:27 pm

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Releases Status Update on Development Update

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, announced that it has resumed phase 2 development of its horizontal infill drilling program. The company anticipates the horizontal infill drilling transformation from vertical wells will continue through winter. By working to bring this specific horizontal production…

Thursday Nov 09, 2023 - 9:59 am

InvestorNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Releases New Drilling Results from PCH Ionic Clay Project

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a Canadian company in the rare earth element and uranium sectors, is reporting on the outstanding assay results from the latest 39 drill holes during its reverse circulation (“RC”) drilling campaign at the PCH Ionic Clay Project in Goiás State, Brazil. The 39 holes are part of a comprehensive 147-hole drilling program. According to the report,…

Tuesday Nov 07, 2023 - 12:49 pm

InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Significant Milestone for Its PCH Project in Brazil

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced that it has engaged SGS Geological Services (“SGS”) to prepare a comprehensive NI 43-101 technical report on Appia’s PCH Rare Earths Ionic Clay Project including a Maiden Mineral Resource Estimate (“MRE”) on target IV. The move marks a significant step forward in the exploration and potential development of the PCH Project, which is located approximately 30…

Tuesday Nov 07, 2023 - 9:36 am

InvestorNewsBreaks – GEMXX Corporation (GEMZ) Releases Mining Update Report, Plans to Expand Capacity

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold-exploration company Crazy Horse Mining Inc. (“CHMI”), is reporting on its current and future mining plans for each of its operations. At Snow Creek, which the company operates in partnership with CHMI, GEMXX has completed gold production, processing a total of 31,200 cubic yards of gold-bearing ore yielding 0.929…

Friday Nov 03, 2023 - 2:32 pm

InvestorNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Introducing a More America-Centric Structure for REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a strategic metals supply chain-focused enterprise, is dedicated to securing the supply of rare earth elements (“REEs”) vital to modern computer technologies in North America. “The production and refining of REEs are largely controlled by The People’s Republic of China on the global market, and international tensions have served as a reminder that China’s supply of REEs could…

Wednesday Nov 01, 2023 - 12:07 pm

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports on Progress at Bolivian Iska Iska Project

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, has completed a metallurgical drill program at its Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The company is now conducting a definition drill program designed to fill-in major gaps in the block model as…

Wednesday Nov 01, 2023 - 12:02 pm

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Reports on Q3 2023 Performance, Debt Financing

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, is reporting on its third-quarter production and financial results. According to the announcement, the company is steadily recovering production rates that had been impacted by adverse weather in earlier quarters, with PEI reaching gross peak rates of…

Tuesday Oct 31, 2023 - 10:37 am

InvestorNewsBreaks – GEMXX Corporation (GEMZ) Reports on Key Milestones for 2023, Provides Update on Targets Moving Forward

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold-exploration company Crazy Horse Mining Inc. (“CHMI”), has released an update on corporate highlights and milestones for the company. According to the announcement, the report is provided for new and existing investors as the company prepares to release its quarter-end financial report. Highlights for this year include the successful…

Tuesday Oct 31, 2023 - 10:20 am

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports on Voting at Annual Meeting

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is reporting on the voting held during its annual shareholder meeting. The meeting was held virtually on Oct. 30, 2023. According to the report, a total of 29,893,834 common shares representing 38.90% of the company`s issued and outstanding common…

Tuesday Oct 31, 2023 - 10:13 am

InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Exceptional Assay Drill Results from Its PCH Ionic Clay Project

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced a groundbreaking discovery of an extraordinary high-grade total rare earth oxides (“TREO”) intersection extending the known area of target IV at its PCH Ionic Clay Project located within the Goiás state of Brazil. According to the announcement, hole PCH-RC-063 contains unique high grades and depth of mineralization, spanning an impressive 24 metres from top to bottom,…

Monday Oct 30, 2023 - 12:05 pm

InvestorNewsBreaks – Resourcing Tomorrow Announces Inaugural Roundtable, Reception to Focus on Critical Mineral Strategies

Resourcing Tomorrow, Europe's largest mining event, has announced plans to hold its first Critical Minerals Ministerial Roundtable and Reception next month, in conjunction with the Critical Minerals Association and hosted by the UK All-Party Parliamentary Groups (“APPG”). According to the announcement, representatives from numerous countries will be attending, including Australia, Armenia, Canada, Chad, Nigeria, the Kingdom of Saudi Arabia, the Kyrgyz Republic, the Czech Republic, Portugal, the United Kingdom and…

Friday Oct 27, 2023 - 2:37 pm

InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Completes High-Definition Survey over PCH Ionic Clay Target IV Project Area

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced that it has completed a high-definition lidar and orthophoto survey across an area of 1,702.50 hectares, which includes the company’s priority Ionic Clay Target IV project area in Goias, Brazil. Metro Cúbico Engenharia LTDA, which is headquartered in São Paulo and made up of a multidisciplinary team of professionals with more than 20 years of experience…

Wednesday Oct 25, 2023 - 3:30 pm

InvestorNewsBreaks – IMARC 2023 to Showcase the Latest AI Applications and Strategies

IBN’s MiningNewsWire delves into trends in artificial intelligence (“AI”) in a recent article titled, “From Changing a Tire to Uncovering the Next Lode: How AI Is Revolutionizing the Mining Industry.” The piece discusses the mining industry’s positioning at the forefront of technological progress, with the adoption of AI in recent years emerging as a game changer, allowing for more efficient exploration, taking automation to new…

Wednesday Oct 25, 2023 - 12:41 pm

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Featured in Bell2Bell Podcast

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company working to advance the next generation of high quality nickel sulphide projects to feed the high growth electric vehicle and stainless steel markets, was featured in the latest episode of the Bell2Bell Podcast, a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Mark Selby, CEO and director of Canada Nickel, joined…

Wednesday Oct 25, 2023 - 10:17 am

InvestorNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Notes Increase of Nonbrokered Offering

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has upsized its nonbrokered private placement financing, which had been announced initially in August. The first two tranches of the offering closed earlier this month, and the offering now consists of up to 7,500,000 units of the company offered at $0.20 per unit, resulting in an anticipated $1.5 million gross proceeds; the…

Tuesday Oct 24, 2023 - 12:29 pm

InvestorNewsBreaks – International Mining and Resources Conference 2023 Agenda Has ‘Something for Everyone’

The International Mining and Resources Conference (“IMARC”) is forecast to be the largest ever, with mining and resource leaders coming from around the world. The three-day event is slated for Oct. 31–Nov. 2, 2023, and will be held in Sydney. This year’s agenda features more than 520 speakers and 120-plus exhibitors. Expert presenters come from global giants such as BHP, Fortescue, MMG, Gold Fields, Wesfarmers,…

Tuesday Oct 24, 2023 - 10:02 am

InvestorNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Executes Initial Drill Program at Ruby Graphite Project

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced completion of its 2023 phase one drill program at its Ruby Graphite Project near Dillon, Montana. The program’s impressive efficiencies allowed the company to complete 22 holes, surpassing the originally planned 16 holes, with all reaching an average depth of 150 meters. The company’s geological team is now focused on data compilation, with assay results expected…

Monday Oct 23, 2023 - 11:37 am

InvestorNewsBreaks – IMARC 2023 to Showcase Unprecedented Number of First Nations Speakers

The global mining industry is at a critical juncture in its engagement with First Nations communities. Progress on economic participation and employment is being tempered by ongoing challenges around cultural heritage and land use. The destruction of Indigenous heritage sites in the western Pilbara in 2020 brought, through world headlines, the relationship between mining leaders and traditional landowners into sharp focus. But while challenges around…

Friday Oct 20, 2023 - 2:20 pm

InvestorNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Executing Louisiana Project with Potential to Significantly Enhance North America’s Manufacturing Landscape

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a strategic metals supply chain-focused enterprise, has entered a multi-decade lease agreement with the administrators of the England Airpark in Alexandria, Louisiana. Under the agreement, Ucore will build and operate a Strategic Metals Complex (“SMC”) where it will separate and produce REEs and oxides that are deemed critical to computer technology-based industries. “Currently, REE mining and refining are…

Friday Oct 20, 2023 - 1:05 pm

InvestorNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Eyes Significant Potential at Deer Horn Property

First Tellurium (CSE: FTEL) (OTC: FSTTF) wrapped up a property-wide mapping and sampling program at its Deer Horn property in west-central British Columbia and prepared to launch a drill program in late September. “Based on data gathered through mapping and sampling programs, drilling at Deer Horn will focus on the Pond zone copper-gold porphyry target,” a recent article reads. “Our prospecting, mapping and sampling over…

Thursday Oct 19, 2023 - 10:00 am

InvestorNewsBreaks – GEMXX Corp. (GEMZ) Featured in Bell2Bell Podcast

GEMXX (OTC: GEMZ), a mine-to-market enterprise specializing in gold, gemstone and jewelry production, was featured in the latest episode of the Bell2Bell Podcast, a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Richard Clowater, president of GEMXX, joined the program to share insight into the company, beginning the interview expounding on a recent news release detailing why management feels…

Tuesday Oct 17, 2023 - 10:02 am

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Files NI 43-101 Iska Iska Technical Report

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, has filed a National Instrument 43-101 (“NI 43-101”) Technical Report. According to the announcement, the report is in support of the initial mineral resource estimate (“MRE”) for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern…

Monday Oct 16, 2023 - 1:47 pm

InvestorNewsBreaks — Resourcing Tomorrow Unites Key Stakeholders, Representatives from Mining Companies Around the World

Resourcing Tomorrow: Accelerating the Energy Transition, Europe’s largest mining event, has confirmed that representatives from the world’s largest mining companies will be attending this year’s gathering. According to the announcement, representatives from Anglo American, BHP, Glencore, Rio Tinto and Vale will be joining officials from Anglo Gold Ashanti, Antofagasta Minerals, Barrick, B2 Gold, Eldorado Gold, Endeavour Mining, Freeport McMoRan, Newmont, Sibanye Stillwater, Teck Resources and Wheaton Precious Metals.…

Monday Oct 16, 2023 - 10:43 am

InvestorNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Releases Drilling Results from Brazil-Based PCH Ionic Clay Project

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a Canadian company in the rare earth element and uranium sectors, is reporting on results from the first 17 drill holes completed from the reverse circulation (“RC”) drilling campaign at its PCH Ionic Clay Project in Goiás State, Brazil. According to the report, the first 17 RC drill holes represent a significant doubling in average…

Friday Oct 13, 2023 - 9:37 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Featured in Latest Release from The Watchlist by The Market Herald

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, was in the spotlight during a recent interview released by The Watchlist by The Market Herald. During the interview, The Watchlist’s Ryan Dhillon talked with Mark Selby, Canada Nickel’s president and CEO. The two discussed the company’s recent positive bankable feasibility study for its Crawford Nickel Sulphide Project.…

Thursday Oct 12, 2023 - 10:33 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces Positive BFS for Crawford Project

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today released results from the bankable feasibility study (“BFS”) for its innovative and wholly owned Crawford Nickel Sulphide Project (“Crawford”). According to the announcement, the results confirm significantly improved economics from its preliminary economic analysis (“PEA”), with an after-tax NPV 8% of $2.5 billion and IRR of 17.1%. Ausenco Engineering Canada Inc. prepared the BFS in accordance with National…

Wednesday Oct 11, 2023 - 12:13 pm

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) to Host Feasibility Study Conference Call and Webcast

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today announced that it will host a webcast and conference call at 11:00 a.m. Eastern Time on Thursday, Oct. 12, 2023, to discuss the definitive feasibility study for its Crawford Nickel Sulphide Project. Interested parties should visit https://ibn.fm/WYNyd to register for the event and access the webcast and join the call as detailed in the announcement. For those unable…

Wednesday Oct 11, 2023 - 10:55 am

InvestorNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) McEwen Copper Announces ARS$42B Stellantis and US$10M Nuton Investments

McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) subsidiary, McEwen Copper Inc., has announced the closing of an additional ARS $42 billion investment by Stellantis N.V., one of the world’s leading automakers and mobility providers with iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep(R), Lancia, Maserati, Opel, Peugeot, RAM, Vauxhall, Free2Move and Leasys. Stellantis, which in February 2023 invested ARS$30 billion,…

Thursday Oct 05, 2023 - 12:54 pm

InvestorNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Update on RapidSX(TM) REE Demo Plant, Louisiana SMC Engineering Processes

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided a technical update on its RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of heavy and light rare earth elements (“REEs”). Located within Ucore’s 5,000 square foot RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, the Demo Plant is operated by commercialization partner, Kingston Process Metallurgy Inc. (“KPM”). “Over the first two years in Kingston,…

Wednesday Oct 04, 2023 - 11:26 am

InvestorNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Selection as Autotech CTA Silicon Valley Program Participant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element processing technology, has been selected by Global Affairs Canada to attend the Autotech CTA Fall 2023 Program; the program is slated for Oct. 10–12, 2023, in San Jose, California. Organized by the Government of Canada's Trade Commissioner Service in Palo Alto and the Province of Ontario Trade & Investment Office in…

Wednesday Oct 04, 2023 - 11:11 am

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Provides Update Horizontal Development Production

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, is reporting that two of its five horizontal wells have begun production over the past week. According to the announcement, each well produced 125 bpd with less than 1% water cut. The company strategically brought these new…

Wednesday Oct 04, 2023 - 9:35 am

InvestorNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Shares Update in Latest Assay Report

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting new assay results on its Fox Complex, which is located near Timmins, Ontario. Key findings indicate two principal plunge directions (or vectors) controlling mineralization with both appearing to originate at the Ramp Portal Zone. According to the announcement, the results from 21 diamond drillholes…

Tuesday Oct 03, 2023 - 11:09 am

InvestorNewsBreaks – GEMXX Corporation (GEMZ) Announces Partnership with Aurora Geosciences to Confirm Resources, Increase Asset Value

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a 50% partner in Canadian gold-exploration company Crazy Horse Mining Inc. (“CHMI”), is partnering with Aurora Geosciences to complete S-K 1300 technical reports on four assets. According to the announcement, two of GEMXX’s gold reserves along with two of its largest ammolite gemstone claims have not yet confirmed by an engineer report. Because…

Monday Oct 02, 2023 - 9:47 am

InvestorNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Shares Update Regarding Appia Rare Earths, Uranium Trading

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a Canadian company in the rare earth element and uranium sectors, has released an update regarding activity observed in the rare earths and uranium trading space. According to the report, the company stated that it is unaware of any information that would account for the significant volume of trading and drop in the price of…

Monday Oct 02, 2023 - 9:22 am

InvestorNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Participation in Upcoming Red Cloud Webinar Series

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability, will be involved in a live, virtual webinar hosted by Red Cloud Financial Services. According to the announcement, Ucore Rare Metals CEO Pat Ryan, P.Eng, will be presenting a life corporate update during the event, which will…

Thursday Sep 28, 2023 - 11:57 am

InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Completes First Phase of Drilling Initiatives Across PCH Iconic Clay Project

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0, A0I0.F, A0I0.MU, A0I0.BE) today provided an update on the progress of its ongoing drilling program to outline the extent of the mineralized zone at Target IV on its PCH Iconic Clay Project in Brazil. The company has processed and sent 2,255 samples for analysis, from both the Reverse Circulation (“RC”) and Auger drill programs to date and expects…

Thursday Sep 28, 2023 - 10:30 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces Successful Pilot Results Confirming Value of Novel IPT Carbonation Process

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today announced that it has successfully completed its carbon storage pilot plant, demonstrating the value of its novel carbon storage process, In-Process Tailings (“IPT”) Carbonation. According to the update, the company processed more than 7 tonnes of tailings and confirmed the engineering design parameters for IPT Carbonation for incorporation in the Integrated Feasibility Study (“IFS”) expected to be released…

Wednesday Sep 27, 2023 - 2:30 pm

InvestorNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Poised to Help Bridge Widening Gap in Global Tin Supply Chain

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mining company focused on developing its potential world-class Iska Iska silver-tin polymetallic property located in southern Bolivia, recently released updated assay results derived from its ongoing reconnaissance drilling. “Recent drilling work across 16 holes, spread across Eloro’s Mina Casiterita Property, Santa Barbara deposit and Porco-Mine 1 area, uncovered an array of well-mineralized intersections. Moreover…

Wednesday Sep 27, 2023 - 1:48 pm

InvestorNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Leveraging Bold New Approach to Mineral Exploration

First Tellurium (CSE: FTEL) (OTC: FSTTF), a company committed to exploring and providing critical metals, is strengthening its position in the tellurium space as a report by the U.S. Geological Survey calls tellurium “the bright future of solar energy.” “First Tellurium is exploring and developing tellurium projects in British Columbia and Colorado, confident that as the world focuses on developing green technologies, the demand for…

Wednesday Sep 27, 2023 - 9:31 am

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Releases Update on Drilling Program Update, Announces Capital Raise

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, is reporting on drilling progress and has announced a capital raise. The company is undertaking a nonbrokered private placement of debt financing with plans to raise up to $3 million, offering holders’ interest of 14% per annum,…

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