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 Lithium Africa Corp. (TSXV: LAF) (‘Lithium Africa Resources’ or the ‘Company’) is pleased to announce that as a result of strong investor demand, the Company and ATB Cormark Capital Markets (the ‘Agent’) have agreed to increase the size of its previously announced ‘best efforts’ private placement from aggregate gross proceeds of C$5.0 million to aggregate gross proceeds of C$8.5 million (the ‘Offering’).

In connection with the Offering, the Company is pleased to announce that it has secured a lead order of approximately C$3.3 million from Purpose Global Resource Fund.

The Offering will consist of the issuance and sale of 4,250,000 units of the Company (the ‘Units‘) at a price of C$2.00 per Unit (the ‘Offering Price‘). Each Unit will consist of one common share of the Company (each, a ‘Unit Share‘) and one-half of one common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant will entitle the holder thereof to purchase one Common Share (a ‘Warrant Share‘) at an exercise price of C$2.80 per Warrant Share for a period of 3 years following the closing of the Offering.

The Agent will have the option, exercisable in whole or in part at any time up to 48 hours prior to the closing of the Offering, to sell an additional 750,000 Units at the Offering Price for additional gross proceeds of C$1,500,000.

As consideration for its services, the Agent will receive a 7.0% cash commission on the gross proceeds of the Offering and broker warrants (the ‘Broker Warrants‘) equal to 7.0% of the number of Units sold under the Offering. Each Broker Warrant shall entitle the holder thereof to acquire one Common Share at the Offering Price for a period of 2 years following the closing of the Offering.

The net proceeds from the sale of the Units will be used as partial consideration in connection with the acquisition of the Springbok Project and for working capital and general corporate purposes. An overview of the Springbok Project and the transaction terms are provided in the Company’s news release dated February 25, 2026.

The Offering is expected to close on or about March 18, 2026, or such other date as the Company and the Agent may mutually agree and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the acceptance of the TSX Venture Exchange.

The Offering will be made way of private placement pursuant to applicable exemptions from the prospectus requirements in each of the provinces and territories of Canada and, in such other jurisdictions, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction.

The securities offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities law, and may not be offered, sold or delivered, directly or indirectly, within the United States, or to or for the account or benefit of U.S. persons, absent registration or an exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful.

About Lithium Africa Corp. 

The Company has an established 50/50 joint venture partnership with GFL International Co., Ltd. to jointly advance exploration in Africa (the ‘LAF-GFL JV‘) and through the LAF-GFL JV, the Company has an indirect 50% interest in a portfolio of exploration assets in hard rock pegmatite districts across a number of prospective African regions covering Ivory Coast, Guinea, Mali, Morocco and Zimbabwe. For more information, please visit www.li-africa.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF Lithium Africa CORP.

Tyron Breytenbach, CEO & Director

Cautionary Note Regarding Forward-Looking Statements 

Statements contained in this news release that are not historical facts may be forward-looking statements, including statements in respect of the closing of the Offering, the use of proceeds of the Offering, the participation of Purpose Investment in the Offering, and the acquisition of Springbok Project. These forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as ‘anticipate’, ‘will’, ‘expect’, ‘may’, ‘continue’, ‘could’, ‘estimate’, ‘forecast’, ‘plan’, ‘potential’ and similar expressions. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: the ability to raise funds through private or public equity financings; general business, economic, competitive, political and social uncertainties; delay or failure to receive regulatory approvals; risks inherent in exploration activities; the impact of exploration competition; unexpected geological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; environmental and safety risks including increased regulatory burdens; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. Except as required by applicable securities laws and regulation, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Lithium Africa Corp.

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Alvopetro Energy Ltd. (TSXV: ALV,OTC:ALVOF) (OTCQX: ALVOF) announces February sales volumes of 3,058 boepd (based on field estimates), a 1% decrease from January 2026 and an 8% increase over Q4 2025. In Brazil, February sales averaged 2,879 boepd, including natural gas sales of 16.2 MMcfpd and associated natural gas liquids sales from condensate of 185 bopd. In Canada, February sales averaged 179 bopd.

Natural gas, NGLs and crude oil sales:          

February

2026

     January

2026

Q4  

2025 

Brazil:

      Natural gas (Mcfpd), by field:

      Caburé

11,411

11,605

9,653

      Murucututu

4,752

4,698

5,439

      Total natural gas (Mcfpd)

16,163

16,303

15,092

      NGLs (bopd)

185

175

184

      Oil (bopd) (1)

15

20

Total (boepd) – Brazil

2,879

2,908

2,719

Canada:

      Oil (bopd) – Canada

179

191

148

Total Company – boepd(2)

3,058

3,099

2,867

(1)

Oil sales volumes in Brazil relate to the Bom Lugar and Mãe da lua fields. Alvopetro has entered into an assignment agreement to dispose of the fields, the closing of which is subject to standard regulatory approvals, including approval of the ANP.

(2)

Alvopetro reported volumes are based on sales volumes which, due to the timing of sales deliveries, may differ from production volumes.

Corporate Presentation

Alvopetro’s updated corporate presentation is available on our website at:
http://www.alvopetro.com/corporate-presentation. 

Social Media

Follow Alvopetro on our social media channels at the following links:
          X – https://x.com/AlvopetroEnergy
          Instagram – https://www.instagram.com/alvopetro/
          LinkedIn – https://www.linkedin.com/company/alvopetro-energy-ltd

Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro’s organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Abbreviations:

boepd                   

=             

barrels of oil equivalent (‘boe’) per day

bopd                       

=             

barrels of oil and/or natural gas liquids (condensate) per day

BRL                         

=             

Brazilian real

e3m3/d                   

=             

thousand cubic metre per day

m3/d                       

=             

cubic metre per day

Mcf                         

=             

thousand cubic feet

Mcfpd                   

=             

thousand cubic feet per day

MMcf                     

=             

million cubic feet

MMcfpd                 

=             

million cubic feet per day

NGLs                       

=             

natural gas liquids (condensate)

BOE Disclosure

The term barrels of oil equivalent (‘boe’) may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6 Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil.

Contracted Natural Gas Volumes

The contracted daily firm volumes under Alvopetro’s long-term gas sales agreement of 400 e3m3/d (before any provisions for take or pay allowances) represent contracted volumes based on contract referenced natural gas heating value. Alvopetro’s reported natural gas sales volumes are prior to any adjustments for heating value of Alvopetro natural gas. Alvopetro’s natural gas is approximately 7.8% higher than the contract reference heating value. Therefore, to satisfy the contractual firm deliveries Alvopetro would be required to deliver approximately 371e3m3/d (13.1MMcfpd).

SOURCE Alvopetro Energy Ltd.

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(TheNewswire)

Provides Drilling Update at Silver King

Vancouver, British Columbia, March 5th, 2025 TheNewswire – Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce the closing of its previously announced transaction with Blade Resources Inc. (‘Blade’) pursuant to which Prismo has assigned all of its rights, interests and obligations in the Hot Breccia copper project, located  in the heart of the Arizona copper belt (the ‘Transaction’), to Blade.

Alain Lambert, CEO of Prismo, commented: ‘In our opinion, Hot Breccia is one of the most compelling copper exploration opportunities in North America. We remain committed to advancing it toward drilling. The principals and financial backers of Blade have a long history and strong track record in raising significant capital for exploration programs of the scale required at Hot Breccia. We expect this will result in Hot Breccia being drilled this year.’

For additional commentary on the Transaction, please watch the interview Alain Lambert gave to Radius Research:

Drilling Update at Silver King

Dr. Craig Gibson, Chief Exploration Officer of Prismo provided an update on the current drill program at the Company’s Silver King project located in Arizona: ‘The first drill hole at Silver King, SK-26-01 was drilled vertically and was successful in traversing the mineralized body as projected from the historic workings and reached a total depth of 477 feet (145 meters). Two small voids that are likely underground workings were intersected near the elevation of the 114′ level and quartz veining extended from this level for about 100 feet down hole. Visible sulfide minerals are present in several intervals and the presence of silver minerals, including native silver, was confirmed through visual identification and with a handheld XRF analyzer. Freibergite (Ag bearing tetrahedrite), stromeyerite (AgCuS) and probably acanthite (AgS) are also present. The second hole, SK-26-02 is currently at a depth of 155 feet.’

Phase 1 Drill Program Highlights:

  • 1,000 meters of diamond drilling to test the upper portion of the steeply plunging, pipe-like Silver King mineralized body 

  • Fully funded program 

  • Additional drilling to test lower down in the mineralized structure and mineralized areas adjacent to the historic mine may also be completed 


Click Image To View Full Size

Fig. 1.  Permitted drill sites planned for initial Phase I drilling at the Silver King mine shown by white dots.  The orange line indicates the approximate location of the cross section in Fig. 2.  View looking south-easterly.

Drilling is currently focused on testing the upper portion of the steeply west-dipping pipelike stockwork and breccia zone that historically produced high-grade silver and base metals (Fig. 2), as well as targets adjacent to and beneath historic workings. Initial drilling is estimated at 1,000 meters in nine holes. A second phase of drilling will be dedicated to testing at deeper levels and areas adjacent to the historic mine.  The silver mineralization at Silver King is similar to that of portions of the nearby Magma Mine, and exploration for nearby copper mineralization is warranted.

The Magma Mine and Silver King Mine share a common regional geological framework in the Superior Mining District, characterized by a Precambrian to Paleozoic stratigraphic sequence including Pinal Schist basement, diabase sills, the Apache Group sediments, and Paleozoic limestones like the Martin Formation, all tilted eastward and intruded by Laramide-age igneous bodies such as quartz diorite stocks and andesite sills. While both exhibit fault-controlled mineralization—east-trending faults and veins with hydrothermal alteration like silicification and potassic zoning—Silver King features epithermal-mesothermal silver-dominant veins in porphyry with minerals like stromeyerite, tetrahedrite, and acanthite, contrasting Magma’s mesothermal copper-focused veins and limestone replacement ores (mantos) rich in chalcopyrite and bornite. This vertical zoning suggests Silver King’s shallower silver-enriched system may transition into deeper copper styles like Magma’s, with overlapping sulfides indicating potential for untapped polymetallic extensions, especially given Magma’s link to the underlying Resolution Copper porphyry deposit.

 

Fig. 2.  Cross section through Silver King mine showing workings and first four planned drill holes.

 


Click Image To View Full Size

Chief Exploration Officer Dr. Craig Gibson supervising drilling at Silver King


Click Image To View Full Size

Core logging at Silver King, hole SK-26-01

Additional Information on the Transaction

In consideration for the Transaction, Prismo was issued 6,755,000 common shares of Blade and received a cash payment of $185,000. Following completion of the Transaction, Prismo owns approximately 24% of Blade’s issued and outstanding shares and is Blade’s largest single shareholder (see additional early warning disclosure below).

Strategic Rationale of the Transaction

The Transaction provides several strategic benefits:

  • Value Creation: Prismo is leveraging its investments in Hot Breccia into a significant stake in a company dedicated to advancing the Hot Breccia project. 

  • Access to Capital with Limited Dilution: The structure provides enhanced access to capital for the Hot Breccia drill program through Blade, without direct dilution to Prismo shareholders. 

  • Strategic Focus: Prismo will focus on advancing its remaining Arizona projects — Silver King and Ripsey Gold — while Blade dedicates its efforts to advancing Hot Breccia. 

  • Enhanced Attractiveness to Strategic Partners: With the potential for 100% ownership of Hot Breccia, Blade will be in a better position to possibly attract majors or strategic buyers. 

Additional Prismo Rights under the Transaction

Under the terms of the Transaction:

  • Prismo has the right to nominate one representative to Blade’s board of directors. The Company has not yet determined its initial nominee. 

  • Blade has granted Prismo participation rights in future equity offerings, allowing Prismo to subscribe for shares on substantially the same terms as other investors in order to maintain its undiluted ownership percentage in Blade. 

Early Warning Disclosure

This news release is issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Prior to the Transaction, Prismo did not own any common shares of Blade. The common shares of Blade were acquired by Prismo for a total consideration of $2,364,250 and were acquired for investment purposes with a view to Blade’s potential listing on a Canadian stock exchange.

Except as described in this news release, Prismo has no present plans or intentions that relate to or would result in any of the matters enumerated in paragraphs (a) through (k) of Item 5 of Form 62-103F1.

Prismo will file an early warning report in accordance with applicable securities laws, which will be available under Blade’s profile on SEDAR+ at www.sedarplus.ca . A copy of the early warning report may be obtained by contacting Gordon Aldcorn at the contact details below.

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.  

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF, OTCQB: PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

About Blade Resources Inc.

Blade Resources is a private mining exploration company focused on development of North American copper and precious metals projects.

Please follow @PrismoMetals on , , , Instagram, and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6  Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information relates to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as intends’ or anticipates‘, or variations of such words and phrases or statements that certain actions, events or results may’, could’, should’, would’ or occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the anticipated closing and closing date of the Transaction; the strategic rationale and potential upside of the transaction with Blade,  the future development of the Hot Breccia project and Blade’s ability of Blade to successfully implement its strategic and business objectives, including potentially attracting majors or strategic buyers; and the ability of Prismo to fund its exploration activities on its other projects.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: that the Transaction may not close as anticipated, or at all; delays incurred by Blade in obtaining or failure to obtain appropriate funding to finance the exploration program at Hot Breccia; the inability of Blade to successfully acquire a 100% interest on the Hot Breccia project; delays incurred by the Company in obtaining or failure to obtain appropriate funding to finance exploration programs for its other projects; the risk that mineralization will not be as anticipated at the Hot Breccia project or at the Company’s other projects; metal prices; market uncertainty; and other risks and uncertainties application to exploration activities and the Company’s business as set forth in the Company’s disclosure documents available for viewing under the Company’s profile on SEDAR+ at www.sedarplus.com.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund exploration programs at Hot Breccia or on the Company’s other projects, and the timing of such exploration programs; the ability of Blade to complete the option to acquire a 100% interest in the Hot Breccia project and to successfully carry out its business and strategic objectives following completion of the transaction; and that the Hot Breccia project and the Company’s other projects will have the anticipated mineralization and other qualities.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2026 TheNewswire – All rights reserved.

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Domestic Metals Corp. (the ‘Company‘ or ‘Domestic Metals‘) – (TSXV: DMCU,OTC:DMCUF; OTCQB: DMCUF; FSE: 03E0) has expanded its exploration targeting budget based on high-grade copper, gold and silver results from the Company’s recently completed surface exploration program (see news release dated January 8, 2026) at the Smart Creek Copper Project. Surface rock sampling and surface geological mapping has increased the size of each of these target areas and confirms the potential for high-grade copper, gold and silver mineralization in the porphyry and epithermal environments as well as confirms the presence of related Carbonate Replacement Deposit style mineralization. The Company has now confirmed the presence of each of these styles of mineralization exposed at surface at Smart Creek and is now planning follow up diamond drilling scheduled for April 2026.

Summary of High-Grade Assay Results from 2026 Exploration

  • 102 g/t Au (Sample G019007)
  • 74.7 g/t Au, 13.8% Cu, 3810 g/t Ag (Sample G019235)
  • 30.4 g/t Au (Sample G019001)
  • 26.6 g/t Au (Sample G019353)
  • 23.1% Cu, 424 g/t Ag (Sample G019225)
  • 19.65% Cu, 458 g/t Ag (Sample G019031)
  • 19.05% Cu, 582 g/t Ag (Sample G019038)

For additional details regarding the surface sampling results at Smart Creek please see news release dated January 8, 2026.

Smart Creek Copper Porphyry Target

Previous exploration drilling is concentrated at the Smart Creek target where surface alteration and mineralization is consistent with the distal porphyry environment. Domestic Metals has leveraged historical drilling data and newly collected surface geological and geochemical data to establish a robust exploration drilling target west of the historical drilling footprint (Figure 1). In addition, exotic copper mineralization south of the Smart Creek target (Smart Creek Exotic Copper) appears to be superimposed on distal copper porphyry related mineralization suggesting there is the potential for a second porphyry center westward of the historical drilling footprint (Figure 1).

Figure 1. Favourable geology, surface mineralization, historical drilling and drill targets at Smart Creek, Montana.

Sunrise Porphyry Copper Target

Domestic Metals has identified mineralized porphyry dykes approximately 1 kilometer east of the past producing Sunrise Mine (see NR dated September 11, 2025; Figure 1). These mineralized porphyry intrusions are exposed at surface and are interpreted to represent the top of a new porphyry system at Smart Creek. The depth extent of this surface mineralization will be tested as part of the upcoming diamond drill program at Smart Creek

Radio Tower Carbonate Replacement Targets

The 2025 Surface exploration program has identified several previously unrecognized semi massive and massive sulphide CRD lenses exposed at surface internal to the Radio Tower alteration footprint (Figure 1). These high-grade copper-gold-silver lenses have been prioritize for drill delineation and will be tested after a second round of permitting is complete for the project. Additional mapping and sampling will be conducted in the Spring to further derisk these targets.

Marketing Agreement

The Company has entered into an agreement with Machai Capital Inc. dated February 27, 2026 (the ‘Machai Agreement’), pursuant to which Machai will provide public awareness activities and deploy a comprehensive digital media marketing program including multi-platform digital campaigns, social media amplification, and targeted investor communications.

The services will be conducted in accordance with the applicable policies of the TSX Venture Exchange (‘TSXV’) and the engagement of Machai is subject to the approval of the TSXV.

Machai has been engaged by the Company for a 2 month period commencing immediately. In consideration for the services provided, the Company has paid Machai CAD 300,000 plus GST. Machai is arm’s-length to the Company, has no other relationship with the Company and neither Machai nor its principal, Suneal Sandhu, has any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than as disclosed herein. Machai can be contacted at suneal@machaicapital.com.

Engagement of Michael Pound

Pursuant to the Company’s news releases dated December 11, 2025 and January 23, 2026, and at the request of the TSXV, the Company provides additional further clarification, Mr. Pound was engaged on February 17, 2025 and his fees at that time were C$5,000 per month, in May of 2025, his fees increased to C$7,500 per month.

Technical Information

All scientific and technical information in this news release has been reviewed and approved by Daniel MacNeil, P.Geo. Mr. MacNeil is a Technical Advisor to the Company and is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Domestic Metals Corp.

Domestic Metals Corp. is a mineral exploration company focused on the discovery of large-scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.

The Company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.

The Smart Creek Project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.

Domestic Metals Corp. is led by an experienced management team and an accomplished technical team, with successful track records in mine discovery, mining development and financing.

On behalf of Domestic Metals Corp.

Gord Neal, CEO and Director
(604) 657 7813

Follow us on:
X, LinkedIn, Facebook and Instagram

For more information on Domestic Metals, please contact:
Gord Neal, Phone: (604) 657 7813 or Michael Pound, Phone: (604) 363 2885

Please visit the Company website at www.domesticmetals.com or contact us at info@domesticmetals.com.

For all investor relations inquiries, please contact:
John Liviakis, Liviakis Financial Communications Inc., Phone: +1 415 389 4670.

Neither TSX Venture Exchange nor its Regulation Services 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 Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed ‘forward-looking statements’. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements may include, without limitation, statements relating to the planned exploration activities on properties. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2a3fbbc8-0774-414b-a587-29526425e414

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The global platinum market is expected to remain in deficit for a fourth consecutive year in 2026, even as supply begins to stabilize and demand moderates following a sharp rally in the metal’s price.

New projections from the World Platinum Investment Council (WPIC) show a deficit of about 240,000 ounces for 2026 following a significantly larger shortfall of 1.082 million ounces in 2025.

That’s the deepest deficit recorded in the group’s Platinum Quarterly data series since it began in 2014. According to data, the cumulative deficit since 2023 will approach 3 million ounces by the end of 2026.

As a result, aboveground platinum stocks are expected to remain historically low, falling to about 2.613 million ounces, which is equivalent to just over four months of global demand for the precious metal.

WPIC CEO Trevor Raymond said the factors that fueled platinum’s strong performance last year are expected to remain.

“The key drivers of platinum’s price rally in 2025, namely strong supply/demand fundamentals, a depletion of above ground stocks, and macropolitical uncertainty-driven precious metals demand, are expected to persist in 2026,” he said.

“Consequently, market tightness is likely to continue, maintaining investor interest in platinum, and further supporting bar and coin and ETF demand throughout the year.”

Platinum investment strength offsets softer overall demand

The forecast marks a shift from earlier expectations that the platinum market would return to balance in 2026.

Instead, strong investment sentiment and resilient exchange-traded fund holdings have pushed the market back into deficit territory. Even so, total demand for platinum is expected to decline moderately this year.

The WPIC projects overall demand will fall about 8 percent year-on-year to roughly 7.619 million ounces.

Much of that drop reflects a normalization in investment demand after a surge in 2025, when inflows into platinum exchange-traded funds and physical investment products climbed sharply.

However, demand for physical platinum bars and coins is expected to continue growing.

The WPIC forecasts that bar and coin investment will jump 35 percent in 2026 to 725,000 ounces, reaching the highest level recorded in the Platinum Quarterly dataset.

Investment purchases of platinum are increasing as the metal gains attention as a lower-priced alternative to gold, and as retail investment products become more widely available.

Supply growth lags as platinum deficit persists

While demand patterns shift across sectors, platinum supply growth remains limited.

Total platinum supply is expected to rise just 2 percent in 2026 to about 7.379 million ounces.

Mine output is forecast to remain essentially flat at roughly 5.553 million ounces, with production gains in South Africa and Zimbabwe offset by declines in North America and Russia.

The modest increase in supply will largely come from recycling. Higher platinum prices have encouraged the recovery of spent autocatalysts and recycled jewelry, pushing recycling supply up about 10 percent in 2025. That trend is expected to continue this year, with recycled metal rising another 10 percent to approximately 1.827 million ounces.

Still, the additional recycled material is unlikely to fully offset the underlying market tightness. As Raymond noted, another factor that could further deepen the deficit has yet to be fully reflected in current forecasts.

“One item not yet captured in the supply/demand balance is any exchange stocks warehoused with the Guangzhou Futures Exchange, which could potentially deepen the deficit versus current projections once these are made publicly available,” he said. For platinum investors, the persistence of deficits suggests that the market’s underlying fundamentals remain supportive even as demand moderates from last year’s highs.

“The price rally we’ve seen this year has not solved the deficit,” he said.

“Normally, in a deficit market, you would expect the price to increase. Clearly, the elevated prices we’ve experienced is still insufficient to attract more supply into the market or drag more metal out of aboveground stocks.”

With supply growth limited and inventories shrinking, the platinum market is likely to remain structurally tight, sustaining investor interest through 2026.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Investor Insight

Oreterra Metals is focused on the discovery of large-scale porphyry copper-gold systems in Canada and the US, led by a management team with a proven track record delivering multi-million dollar exits in the same world-class mining jurisdictions.

Overview

Oreterra Metals (TSXV:OTMC) is a focused mineral exploration company dedicated to delivering for its shareholders large-scale discoveries and the capital gains opportunities that typically come with such discoveries. The company’s strategy centers on copper-gold porphyry systems in North America, chosen for their scale, relatively low finding and resource proving costs in relation to high grade vein systems, and their high attractiveness to major mining operators as potential long-life mines. Oreterra emerged early in February 2026 following the comprehensive restructuring and rebranding of its predecessor company, a restructuring warranted by the exceptional prospectivity of the Trek South prospect.

Oreterra’s flagship asset is the wholly owned Trek South porphyry copper-gold prospect, located on the 6,379-hectare Trek property situated in the heart of British Columbia’s Golden Triangle. Effectively new to modern geological science, the prospect has emerged due to rapid glacial ice retreat. First identified in 2019, all of the work required to reveal it as a highly prospective porphyry copper-gold prospect and to bring it to drill-ready status has occurred only in the period since 2021.

The company is led by a veteran management team with over 100 combined years of experience in mineral exploration, finance, and corporate governance. With a lean share structure and strong institutional support following its recent $9.7 million financing, Oreterra is fully funded and ideally positioned to test its high-conviction targets, starting with the first-ever drill of Trek South commencing in the approaching 2026 field season.

Company Highlights

  • Fully Funded for 2026 Exploration: Recently completed a massively oversubscribed $9.7 million financing to support the first-ever drilling this summer of the wholly owned, large-scale Trek South prospect, only recently revealed by glacial ice melt.
  • Drill‑Ready Flagship: The Trek South target has everything one seeks in a new porphyry copper-gold discovery prospect: i.e. large scale, terrific rock exposure, intense porphyry-style changes and metal values on surface in those rocks, and stacked (coincident), strongly positive, magnetic and geophysical anomalies directly below.
  • Infrastructure Advantage: The Trek South prospect is just 3 kilometres up-slope from the nearest work camp, bridges and road presently under construction by the Teck/Newmont GCMC joint venture, and 12 kilometers from their proposed mill site.
  • Proven Management: Led by CEO Kevin Keough, founding CEO of GT Gold Corp. which delivered the Saddle North porphyry copper-gold discovery (Dec. 13, 2017), later sold to Newmont for $523 million cash in current dollars following just $16.7 million of exploration outlays (Saddle North only).
  • Asset Portfolio: Beyond the flagship, Oreterra holds high-grade gold and porphyry copper-gold assets in Nevada and Ontario.

Key Projects

Trek Project – Golden Triangle, British Columbia

Potential for a Major Discovery in the First Few Drill Holes

A large-scale porphyry copper-gold prospect ready for its first-ever drilling, in 2026

The wholly owned Trek property spans 6,379 hectares in the heart of BC’s Golden Triangle, one of North America’s geologically most fertile copper‑gold-silver belts. Within the property, the Trek South target represents a very large, entirely new, porphyry system identified in the period since 2021 by mapping, sampling and geophysical programs.

Strategically positioned approximately 10 km from Teck–Newmont’s rich Galore Creek porphyry copper-gold project and just 3 km up slope from partially completed road access, Trek South is poised for its maiden drilling program in 2026. The project is supported by a National Instrument 43‑101 technical report delivered on January 20, 2026.

The property also hosts additional exploration targets that provide district‑scale upside under a single land package.

Kinkaid Project – Nevada

An Emerging Porphyry Copper-Gold Project on a Proven Nevada Mining Trend

Kinkaid comprises 131 claims covering 1,101 hectares in Mineral County, Nevada, an attractive mining jurisdiction with established infrastructure. The project is subject to a 2% net smelter returns royalty. Exploration has identified two distinct mineralization styles: epithermal to mesothermal veins, and garnet skarns, with evidence for buried porphyry centres.

Oreterra is planning further exploration at Kinkaid, including both airborne and ground geophysical surveys. These programs are intended to refine drill targets ahead of planned diamond drilling on the most prospective areas of the property.

Lundmark Project – Ontario

Emerging copper-gold in northwestern Ontario and an extensive drilling-defined mineral system

The 5,386‑hectare Lundmark property adjoins the Musselwhite gold mine in northwestern Ontario and is subject to a 3 percent NSR royalty. Drilling since 2019 has outlined a significant volcanogenic massive sulphide (VMS) system characterized by multiple mineralizing events.

These include individual high-grade gold-bearing quartz–pyrrhotite veins, broad zones of stockwork-style copper–gold vein mineralization, and three VMS-style gold–silver–enriched base metal zones. In total, the alteration and mineralization system identified to date now extends for approximately 11 kilometres along strike.

Scossa Project – Nevada

Scossa, a 541‑hectare property, encompasses the historic high‑grade Scossa gold mine, active in the 1930s and 1940s. The epithermal gold system features five known veins, with historical mining limited to the 400‑foot level. Exceptional grades from historical records and previous drilling by the company in the 2003 timeframe, indicates meaningful potential remains.

Management Team

Kevin M. Keough — Chief Executive Officer & Director

A geologist by training, Mr. Keough brings 45 years global exploration, corporate leadership, and capital markets experience, and has founded and led exploration companies that delivered major discoveries of the type Oreterra seeks, later sold for considerable profit.

Stephen Burega — President & Director

With 25+ years in mining and resources, Mr. Burega specializes in corporate development, fundraising, and stakeholder engagement and played an instrumental role in Oreterra’s strategic repositioning.

Brian Crawford — Chief Financial Officer

A chartered professional accountant with deep public company finance and governance experience, Mr. Crawford has co‑founded several TSXV and CSE‑listed companies and continues to support growth‑stage exploration entities.

John Biczok — Vice‑President, Exploration

A professional geologist with over 45 years of field and discovery experience, Mr. Biczok has been involved in significant discoveries globally and brings robust technical leadership to Oreterra’s exploration programs.

Ashley Nadon — Corporate Secretary

Ashley Nadon, a Chartered Professional Accountant, supports governance and financial reporting with a depth of expertise in public company compliance.

Get access to more exclusive Gold Investing Stock profiles here

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Oreterra Metals (TSXV:OTMC) is a mineral exploration company focused on delivering large-scale discoveries and the shareholder value that typically follows. Its strategy targets copper-gold porphyry systems in North America, selected for their scale, comparatively lower discovery costs versus high-grade vein systems, and strong appeal to major mining companies as potential long-life operations. The company emerged in February 2026 following the restructuring and rebranding of its predecessor, driven by the exceptional potential of the Trek South prospect.

Oreterra’s flagship asset is the wholly owned Trek South copper-gold porphyry prospect on the 6,379-hectare Trek property in British Columbia’s Golden Triangle. The prospect has only recently become accessible due to glacial retreat and remains effectively new to modern geological exploration. First identified in 2019, work conducted since 2021 has advanced the project to drill-ready status.

A large-scale porphyry copper-gold prospect ready for its first-ever drilling, in 2026

The company is led by a veteran management team with more than 100 years of combined experience in exploration, finance, and governance. Following a recent $9.7 million financing and supported by a lean share structure, Oreterra is fully funded to test its high-conviction targets, with the first-ever drill program at Trek South planned for the 2026 field season.

Company Highlights

  • Fully Funded for 2026 Exploration: Recently completed a massively oversubscribed $9.7 million financing to support the first-ever drilling this summer of the wholly owned, large-scale Trek South prospect, only recently revealed by glacial ice melt.
  • Drill‑Ready Flagship: The Trek South target has everything one seeks in a new porphyry copper-gold discovery prospect: i.e. large scale, terrific rock exposure, intense porphyry-style changes and metal values on surface in those rocks, and stacked (coincident), strongly positive, magnetic and geophysical anomalies directly below.
  • Infrastructure Advantage: The Trek South prospect is just 3 kilometres up-slope from the nearest work camp, bridges and road presently under construction by the Teck/Newmont GCMC joint venture, and 12 kilometers from their proposed mill site.
  • Proven Management: Led by CEO Kevin Keough, founding CEO of GT Gold Corp. which delivered the Saddle North porphyry copper-gold discovery (Dec. 13, 2017), later sold to Newmont for $523 million cash in current dollars following just $16.7 million of exploration outlays (Saddle North only).
  • Asset Portfolio: Beyond the flagship, Oreterra holds high-grade gold and porphyry copper-gold assets in Nevada and Ontario.

This Oreterra Metals profile is part of a paid investor education campaign.*

Click here to connect with Oreterra Metals (TSXV:OTMC) to receive an Investor Presentation

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Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ) (‘BRW’ or the ‘Corporation’) is pleased to announce that as a result of strong investor demand, it has increased the maximum gross proceeds of its previously announced non-brokered private placement from $4,000,000 to $5,500,000 (the ‘Offering’). The upsized Offering now consists of the sale of up to 22,000,000 units of the Corporation (‘Units’) at a price of $0.25 per Unit. For more information about the Offering, please refer to the Corporation’s news release dated February 25, 2026.

Mr. Killian Charles, President & CEO of BRW, commented: ‘With these additional funds, we will accelerate the consolidation of multiple targets across several jurisdictions that we have identified as high-priority alongside the advancement of our Quebec portfolio. We look forward to sharing the result of these initiatives as rapidly as possible over the coming weeks.’

Each Unit will consist of one common share of the Corporation and one half of one common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant will entitle the holder thereof to purchase one common share of the Corporation at a price of $0.35 at any time for a period of 36 months following the Closing Date (as defined herein).

The Offering is conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘Listed Issuer Financing Exemption‘). The securities issued under the Listed Issuer Financing Exemption are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada.

There is an amended and restated offering document related to the upsized Offering that can be accessed under the Corporation’s profile at www.sedarplus.ca and on the Corporation’s website at www.brwexplo.ca. Prospective investors should read this offering document before making an investment decision.

The Offering is expected to close on or about March 18, 2026 (the ‘Closing Date‘) and is subject to customary conditions including the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Brunswick Exploration Inc.

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Corporation is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The Corporation is rapidly advancing the most extensive grassroots lithium property portfolio in Canada, Greenland and Saudi Arabia underpinned by its Mirage project, one of the largest undeveloped hard-rock lithium Inferred Mineral Resource Estimate in the Americas, with 52.2Mt grading 1.08% Li2O.

Investor Relations/information

Mr. Killian Charles, President and CEO
Phone: (514) 861-4441
Email: info@BRWexplo.com

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Generally, forward-looking information can be identified using forward-looking terminology such as ‘plans’, ‘seeks’, ‘expects’, ‘estimates’, ‘intends’, ‘anticipates’, ‘believes’, ‘could’, ‘might’, ‘likely’ or variations of such words, or statements that certain actions, events or results ‘may’, ‘will’, ‘could’, ‘would’, ‘might’, ‘will be taken’, ‘occur’, ‘be achieved’ or other similar expressions. Such forward-looking information includes, but is not limited to, statements concerning the completion of the Offering and the date of such completion, and approval of the TSX Venture Exchange. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information including, without limitation, risks and uncertainties relating to mining exploration, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration industry; and those risks set out in the Corporation’s public documents filed on SEDAR+ at www.sedarplus.ca. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

News Provided by GlobeNewswire via QuoteMedia

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