Author: TheNewswire.com

  • CE Brands Announces Resignation of Board Member

    (via TheNewswire)

    CE Brands Inc.

    Calgary, Alberta, Canada – April 1, 2024 – TheNewswire CE Brands Inc. (TSXV: CEBI) (“CE Brands” or the “Company”) today announced the resignation of Stephen Smith from its Board of Directors and his role as Chairman of the Audit Committee, effective immediately.

    Mr. Smith’s decision to step down is for personal reasons, and he remains a strong supporter of the Company and its future prospects. He served on the Board since June of 2021 and has been instrumental in guiding the Company through a period of significant growth.

    “On behalf of the entire Board of Directors and management team, I would like to express our sincere gratitude to Steve for his dedicated service and valuable contributions to CE Brands,” said Kalvie Legat, CEO of CE Brands. “His experience and leadership have been invaluable, and we appreciate his unwavering support of our strategic direction and product lines.”

    The Board of Directors is in the process of identifying a qualified candidate to fill the vacancy on the Board. The Audit Committee will continue to function under the leadership of Tyler Rice until a new Chairman is appointed.

    About CE Brands

    The Company develops products with leading manufacturers and iconic brand licensors by utilizing proprietary data that identifies key market opportunities.

    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.

    For more information about CE Brands, please visit www.cebrands.ca.

    To be added to the CE Brands’ distribution list, please register at www.cebrands.ca/investors.

    Forward-Looking Information

    This news release may contain forward-looking statements that reflect CE Brands Inc.’s current expectations about its future performance and capabilities. These statements are made based on assumptions and estimates and are subject to risks and uncertainties. Actual future results could differ materially from those currently anticipated. The statements are not guarantees of future performance. CE Brands Inc. does not undertake any obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except to the extent required under applicable securities laws.

    Further Information

    For further information about CE Brands, please contact:

    Kalvie Legat

    Interim CEO

    403-560-9635

    [email protected]

    Copyright (c) 2024 TheNewswire – All rights reserved.

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    COMTEX_450194403/2895/2024-04-01T18:45:04

  • Sparx Enters Into Definitive Agreement for Reorganization and Sale Of Operating Assets

    (via TheNewswire)

    Sparx Technology Inc.

    Vancouver, BC, Canada, April 1, 2024TheNewswire Sparx Technology Inc. (TSXV: SPRX) (“Sparx” or the “Company“) announces that, further to its news release dated January 8, 2024, it has entered into definitive share purchase agreement (the “SPA“) dated effective March 26, 2024, with Blok Sports, LLC (“Blok“), a privately-held, third-party corporate entity headquartered in Los Angeles, California. Pursuant to the SPA, Sparx will sell all of the issued and outstanding shares of its U.S. operating subsidiary, iPowow USA Inc. (‘iPowow“), to Blok (the “Sale Transaction“). The Company and Blok are arm’s length parties.

    Blok is an early-stage, venture backed technology company founded in 2019 by Mitchell Chun, its current CEO, which has developed a suite of social sports betting, fan engagement, and AI-driven content and analytics solutions. Blok’s core offering is a regulated decentralized sports betting exchange developed using next-generation blockchain technology to ensure an unparalleled level of trust, fairness, and transparency for its users around the globe.

    In furtherance of the Sale Transaction and prior to its completion, Sparx’s Canadian operating subsidiary, Sparx Technology Corp. (“Subco“), will transfer all of its operating assets and material contracts to iPowow. In addition, through the Sale Transaction, an aggregate of approximately $1.44 million of consolidated indebtedness of Sparx, will be extinguished. It is anticipated that following completion of the Sale Transaction, Sparx will have no operating assets and approximately $150,000 in remaining liabilities.

    It is also anticipated that an aggregate of 26,814,154 currently outstanding common shares of Sparx will be cancelled on closing of the Sale Transaction, pursuant to the terms of a Surplus Escrow Agreement dated March 23, 2022 (the “Escrow Share Cancellation“).

    As consideration for the Sale Transaction, Sparx is expected to receive common units of Blok (the “Blok Units“), representing approximately 4.5% of the Blok Units issued and outstanding on a post-transaction basis. In addition, Sparx is entitled to receive approximately 12% of up to an additional 3,200,000 Blok Units which may be issued by Blok, subject to iPowow achieving certain revenue milestones (the “Performance Payment Units“), from defined customers, over a period of 16 months following completion of the Sale Transaction.

    Upon completion of the Sale Transaction, Sparx has agreed to deposit approximately 20% of its Blok Units into escrow for a period of one year, to support indemnity obligations concerning certain representations, warrants and covenants set out in the SPA. Certain other significant members of Blok have also deposited Blok Units into escrow under the same terms.

    Completion of the Sale Transaction is subject to a number of conditions, including: (i) completion of a US$500,000 financing by Blok; (ii) the receipt by Sparx of an independent fairness opinion in respect of the aggregate consideration (including the debt assumptions) to be received by Sparx in the Sale Transaction; and (iii) all necessary regulatory, creditor and shareholders and member approvals.

    Sparx CEO, Alan Thorgeirson commented, “We are excited about the opportunity to build the Sparx business under the Blok umbrella and believe this reorganization transaction will allow our stakeholders an opportunity to realize further value through a stake in the combined entity. We believe that the operating efficiencies and synergies to be achieved by the combination of the two companies will provide a stronger platform to attract additional financing and further grow the business. Through this transaction, Sparx, as a public company, will position itself to pursue alternative transactions to enhance shareholder value.”

    In connection with the restructuring, the Company intends to complete a share consolidation on the basis of 13 pre-consolidated common shares for one (1) post-consolidated common share (the Consolidation“), and also intends to complete a non-brokered private placement (the “Subscription Receipts Financing“) to raise $250,000 through the issuance of 5,000,000 subscription receipts at a price of $0.05 per subscription receipt (the “Subscription Receipts“).

    The proceeds of the Subscription Receipts Financing will be held in escrow, subject to the satisfaction of the following conditions:

    1. completion of the Consolidation;

    2. completion by Sparx of a name change acceptable to the parties and regulatory authorities;

    3. completion of the Sales Transaction;

    4. completion of the Escrow Cancellation;

    5. completion of the Management Change (as defined below);

    6. the Company having less than $150,000 in remaining indebtedness;

    7. the transfer by Sparx of ownership of Subco to a third party, for nominal consideration, which shall include an assumption of any excess indebtedness;

    8. the Company obtaining shareholder approval to the change of control contemplated in the Subscription Receipts Financing; and

    9. the Company obtaining final TSX Venture Exchange (the Exchange“) approval to all matters relating to the Sale Transaction and other restructuring steps discussed herein.

    Upon satisfaction of the escrow conditions, each Subscription Receipt will automatically convert into one post Consolidation common share of the Company for no additional consideration. In the event that the escrow conditions are not met, each Subscription Receipt will be cancelled, and the subscription funds will be returned to the subscribers.

    The Company will not pay any finders fees in connection with the Sale Transaction or the Subscription Receipts Financing.

    Upon closing of the Sale Transaction, Escrow Share Cancellation, Consolidation and the conversion of the Subscription Receipts, it is expected that Sparx will have approximately 8,560,629 post Consolidated common shares issued and outstanding.

    It is expected that The Emprise Special Opportunities Fund (2017) Limited Partnership (“LP2017”) will subscribe for 4,000,000 Subscription Receipts, which will result in LP2017 owning 4,071,231 (47.56%) post Consolidation common shares of the Company.

    The Company intends to use the proceeds of the Subscription Receipts Financing for general working capital purposes. Closing of the Subscription Receipts Financing remains subject to the approval of the Exchange.

    As part of the closing of the Sale Transaction, the Company intends to apply to the Exchange to have its listing transferred to the NEX Board, a separate trading board of the Exchange which provides a trading forum for companies that have fallen below the Exchange’s ongoing listing standards.

    Upon completion of the Sale Transaction, the current board of directors and management team of the Company will resign, and Scott Ackerman (CEO, CFO and Corporate Secretary), Doug McFaul, and Peter Dickie will join as directors and officers of the Company (the “Management Changes“).

    The Company also announces that its Annual General and Special Meeting (“AGSM“) will be held in Vancouver, BC on May 17, 2024 at 10:00 am (Vancouver time). In addition to the standard items of business at general meetings, shareholders will be asked to approve resolutions for the Company to proceed with the Sales Transaction, the Consolidation, and the change of control contemplated in connection with the Subscription Receipts Financing.

    Full details on the AGSM will be contained in the Management Information Circular prepared for the meeting, which will be mailed to the Company’s shareholders and available for review under the Company’s profile at www.sedarplus.ca.

    On behalf of the Board

    Al Thorgeirson

    CEO and President

    For further information, please contact:

    Al Thorgeirson

    CEO and President

    (403) 471-3503

    [email protected]

    Investor relations

    [email protected]

    ABOUT SPARX:

    Sparx is an interactive media technology company whose principal activities are providing media companies and sports teams with technologies to engage audiences. The patented Sparx platform enables broadcasters, streamers, and video producers to engage viewers for longer, generate new revenue opportunities, and create lean-forward experiences for audiences eager to join the action. Millions of users can connect to the Sparx platform and interact simultaneously on their mobile phone, tablet, or computer anywhere in the world, in real time.

    For more information about Sparx, visit the Company’s website at www.sparxtechnology.com

    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.

    Forward-Looking Statements

    Statements included in this news release, including statements concerning the Company’s plans, intentions, and expectations, which are not historical in nature, are intended to be, and are hereby identified as, “forward?looking statements”. Forward-looking statements include, among other matters, the Sale Transaction. Forward?looking statements may be, but are not always, identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward?looking statements, including without limitation those relating to the Company’s proposed completion of the Sale Transaction, and related matters, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward?looking statements. There can be no assurance that any forward-looking statement will prove to be accurate or that management’s assumptions underlying such statements, including assumptions concerning the Company, the Sale Transaction or future developments, circumstances or results will materialize. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake to update or revise any forward-looking information included herein, except in accordance with applicable securities laws.

    Copyright (c) 2024 TheNewswire – All rights reserved.

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    COMTEX_450193760/2895/2024-04-01T18:30:39

  • Tantalex Lithium Closes Debt Settlement Agreements and Announces a Further Settlement

    (via TheNewswire)

    Tantalex Lithium Resources Corp

    Toronto, Ontario / TheNewswire / March 7, 2024 Tantalex Lithium Resources Corp. (CSE:TTX) (FSE:DW8) (OTC:TTLXF) (Tantalexor the Corporation) announces that further to its news release dated February 21, 2024, it has settled various outstanding debt in the amount of CDN$5,526,398.40 (the “Debt“), effective February 28, 2024.

    The Corporation owes International Cobalt Corp. (“ICC“) an amount of CDN$5,324,275.30, which stems from multiple unsecured convertible debentures of principal amounts of USD$2,100,000 and CDN$800,000 entered into between the parties in 2018 and in 2020 bearing an interest rate of 4% that became due in November of 2022, such debt is settled by issuing an aggregate of 106,485,506 common shares in the capital of the Corporation (the “Common Shares“) at a price of CDN$0.05 per Common Share and 50,000,000 common shares purchase warrants (the “Warrants“), exercisable into 50,000,000 Common Shares at a price of $0.10 for a period of thirty (30) months from issuance (the “ICC Debt Settlement“).

    Moreover, the Corporation owes a consulting company and a news coverage and digital marketing service provider, CDN$113,000 and $89,123.10, respectively. The Corporation issued to each company, respectively, 2,260,000 Common Shares at a price of $0.05 per common Share and 1,782,462 Common Shares at a price of $0.05 per common Share (the “Services Debt Settlement“).

    The Board of Directors has determined it is in the best interests of the Corporation to settle the outstanding Debt by the issuance of Common Shares and Warrants in order to preserve the Corporation’s cash for general working capital purposes. The issuance resulted in a new insider of the Corporation. The ICC Debt Settlement precludes ICC, together with any other voting or equity securities beneficially owned by the creditor, its associates and affiliates, directly or indirectly, from owning, or having control or direction over, 20% or more of the issued and outstanding voting securities of the Corporation on a non-diluted basis.

    The Common Shares and Warrants to be issued pursuant to the ICC Debt Settlement and Services Debt Settlement will be subject to a hold period of four (4) months and one (1) day from the date of issuance.

    Prior to the transactions, ICC did not own any securities of the Corporation. After giving effect to the transactions, ICC owns, directly and indirectly, 106,485,506 Common Shares, representing approximately 14.74% of the issued and outstanding Common Shares based on 718,645,821 Common Shares issued and outstanding of the Corporation and 20.29% on a partially diluted basis, based on 768,645,821 Common Shares issued and outstanding. Also, AfriMet Resources AG (“AfriMet“), the Corporation’s significant shareholder suffered a dilution as a result of the transactions without any action being taken by AfriMet. Immediately prior to the transactions, AfriMet owned 143,315,277 Common Shares of the Corporation, which represented 23.54% of the issued and outstanding Common Shares of the Corporation on a non-diluted basis. Immediately following the transactions, AfriMet’s ownership fell to 19.94% of the issued and outstanding Common Shares of the Corporation on a non-diluted basis.

    This news release is being issued pursuant to National Instrument 62-103, persons who wish to obtain a copy of the early warning reports to be filed by International Cobalt Corp. and AfriMet Resources AG in connection with this transaction herein may obtain a copy of such reports from www.sedarplus.ca or by contacting the person named below.

    Debt Settlement with AfriMet

    The Corporation intends to settle its outstanding debt with AfriMet (the “Afrimet Debt Settlement“). The parties entered into a loan agreement on June 30, 2022, whereby AfriMet loaned a principal amount of USD$7,213,006.56, bearing an interest rate of 10% per annum (the “Loan“). Pursuant to the terms of this agreement, the interest accrued is payable during the term of the Loan. The Corporation intends to repay the interest accrued as at December 31, 2023 in the amount of USD$1,084,915 (CDN$1,464,635.56) into 29,292,711 Common Shares at a price of $0.05 per Common Share.

    The Board of Directors has determined it is in the best interests of the Corporation to settle the AfriMet Debt by the issuance of Common Shares in order to preserve the Corporation’s cash for general working capital purposes.

    This transaction constitutes a “related party transaction” under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“), as AfriMet is a significant shareholder. Pursuant to MI 61-101, the Corporation will file a material change report providing disclosure in relation to each “related party transaction” on SEDAR+ under the Corporation’s issuer profile at www.sedarplus.ca. The Corporation did not file the material change report more than 21 days before the expected closing date of the AfriMet Debt Settlement as the details of the agreement were not settled until shortly prior to the conclusion of the Agreement, and the Corporation wished to sign the Agreement on an expedited basis for sound business reasons. The Corporation is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. The Corporation is exempt from the formal valuation requirement in section 5.4 of MI 61-101 in reliance on sections 5.5(a) and (b) of MI 61-101 as the fair market value of the transaction, insofar as it involves the significant shareholder, is not more than the 25% of the Corporation’s market capitalization, and no securities of the Corporation are listed or quoted for trading on prescribed stock exchanges or stock markets. Additionally, the Corporation is exempt from minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on section 5.7(1)(a) as the fair market value of the transaction, insofar as it involves the controlling shareholder, is not more than the 25% of the Corporation’s market capitalization.

    Closing of the AfriMet Debt Settlement is subject to customary closing conditions and the Corporation intends to close as soon as practicable. Upon closing, the Corporation will make all necessary filings, including the filing of early warning report as required. The Common Shares to be issued pursuant to the AfriMet Debt Settlement will be subject to a hold period of four (4) months and one (1) day from the date of issuance.

    The securities being referred to in this news release have not been, nor will they be, registered under the United States (U.S.) Securities Act of 1933, as amended, and may not be offered or sold in the U.S. or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the 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 the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    About Tantalex Lithium Resources Corporation

    Tantalex Lithium is an exploration and development stage mining company engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa.

    It is currently focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program.

    Cautionary Note Regarding Forward Looking Statements

    This presentation includes certain statements that may be deemed forward looking statements. All statements in this document, other than statements of historical facts, which address future production, reserve potential, exploration activities and events or developments that the Corporation expects, are forward looking statements. Such forward-looking statements include, without limitation: (i) estimates of future lithium, tin and tantalum prices, supply, demand and/or production; (ii) estimates of future cash costs and revenues; (iii) estimates of future capital expenditures; (iv) estimates regarding timing of future development, construction, production or closure activities; (v) statements regarding future exploration results; (vi) statements regarding cost structure, project economics, or competitive position, and; (vii) statements comparing the Corporation’s properties to other mines, projects or metals. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward- looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance, that the Corporation expressly disclaims any responsibility for revising or expanding the forward- looking statements to reflect actual results or developments, and that actual results or developments may differ materially from those projected, in the forward-looking statements, except as required by law.

    For more information, please contact: Eric Allard

    President & CEO Email: [email protected]

    Website: www.tantalexlithium.com Tel: 1-581-996-3007

    Copyright (c) 2024 TheNewswire – All rights reserved.

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    COMTEX_449869129/2895/2024-03-26T15:46:09

  • Impact Analytics Describes Change of Business and Announces Expiration of Interim Cease Trade Order

    (via TheNewswire)

    Impact Analytics Inc.

    Calgary, Alberta / TheNewswire / March 18, 2024 – Impact Analytics Inc. (“Impact Analytics” or the “Company”) (CSE: PACT), at the behest of the Canadian Securities Exchange (the “CSE“), issues this news release to describe its current business (“Current Business“), which represents a change from its prior business (“Prior Business). The Prior Business was focused primarily on the formation of subsidiaries and the sale of minority interests in such subsidiaries to companies looking to raise funds from investors wishing to use their registered funds, such as RRSPs and TFSAs. Under its Current Business, the Company aims to provide risk assessment, data intelligence and financial services platforms powered by AI. To this end, the Company is engaged in building a proprietary product stack to optimize and streamline financial decision making for enterprises and individuals. Specifically, the Company is currently developing three commercial projects: two market entry applications: Credissential, Lana Cash and the PACT Platform. These projects are described in recent Company news releases, as well as in the AIF described below.

    The Company notes that it voluntarily published, under its profile on SEDAR+, an Annual Information Form (“AIF“) which includes disclosure regarding the Current Business and its products under development. Investors are encouraged to read the AIF. The Company also notes that it is in the process of completing and filing a New CSE Form 2A Listing Statement relating to its Current Business. The Company will announce when the new listing statement has been filed.

    The Company is also pleased to announce that an Alberta Securities Commission (“ASC“) panel (“ASC Panel“) has sided with the Company, dismissing an application by ASC Staff for the extension of the Interim Cease Trade Order (the “ICTO“) that had been issued against the Company on February 29, 2024 (please see ASC news release dated March 15, 2024, available online). As a result, the Company expects its common shares to resume trading on the CSE on March 19, 2024. The Company wishes to thank shareholders for their continued support.

    About Impact Analytics

    Impact Analytics is a risk assessment, data intelligence and financial services platform powered by AI. The Company is building a proprietary product stack to optimize and streamline financial decision making for enterprises and individuals. Learn more at https://www.impactrisk.ai/.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Chief Executive Officer Eric Entz

    Head Office 2004 Sherwood Drive Sherwood Park, AB T8A 0Z1

    Telephone +1 (587) 208 4044

    Email [email protected]

    The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

    Forward-Looking Information

    Certain information in this news release may constitute “forward-looking” information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking information. When used in this news release, this information may include words such as “anticipate”, “estimate”, “may”, “will”, “expect”, “believe”, “plan” and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this news release. Forward-looking statements in this news release include, but are not limited to, the ICTO, the Current Business and the Prior Business, and the future plans of the Company, business plans, objectives and strategy. Forward-looking statements are inherently risky and the information and plans disclosed therein may not come to fruition as contemplated or at all.

    Copyright (c) 2024 TheNewswire – All rights reserved.

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    COMTEX_449869127/2895/2024-03-26T15:46:09

  • Atco Mining Closes Private Placement for $894,500

    (via TheNewswire)

    Vancouver, British Columbia / TheNewswire / March 18, 2024 – Atco Mining Inc. (the “Company” or “Atco“) (CSE: ATCM; OTC: ATMGF; Frankfurt: QP9) is pleased to announce that it has closed a first tranche of its non-brokered private placement (the “Offering“) and has issued 6,200,000 flow-through units (each, a “FT Unit“) at a price of $0.0575 per FT Unit and 10,760,000 non-flow-through units (each, a “NFT Unit“) at a price of $0.05 per NFT Unit (together, the “Units“) for gross proceeds of $894,500. Each Unit consists of one common share of the Company (each, a “Share“) and one transferable common share purchase warrant (each, a “Warrant“), entitling the holder thereof to purchase one additional Share at a price of $0.15 until March 18, 2026.

    The Company intends to use the net proceeds raised from the Offering for exploration expenses in respect of the Company’s existing exploration projects and for general working capital purposes.

    In connection with closing of the Offering, the Company paid finder’s fees totaling $4,790.00 and issued 94,000 Warrants to certain arms-length brokerage firms. All securities issued in connection with the private placement are subject to a statutory hold period until July 19, 2024 under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

    Etienne Moshevich, an insider of the Company, through Transcend Capital Inc., a holding company controlled by Mr. Moshevich, subscribed for $218,000 or 4,360,000 NFT Units. Participation in the Offering by an insider of the Company constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The issuance of securities to Transcend Capital Inc. is exempt from the valuation requirement of MI 61-101 by virtue of the exemption contained in section 5.5(b) as the Shares are not listed on a specified market and from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in section 5.7(a) of MI 61-101, in that the fair market value of the consideration paid for the securities issued to Transcend Capital Inc. does not exceed twenty-five percent of the Company’s market capitalization.

    “I want to thank our shareholders for their support and belief in our company,” said Etienne Moshevich, CEO of the Company. “Atco has never seen a more exciting time with a drill program currently underway. This cash infusion not only cements our ability to continue our program but gives us the ability to extend it. We are looking forward to updating our investors with our progress over the coming weeks.”

    The Company also announces that Dawson Brisco has resigned from the Board of Directors. “I was elected to the Board of Atco to assist with the early development of the Company and its hydrogen energy strategy, and I am very proud to have helped in that regard,” stated Mr. Brisco. “However, due to an increasing level of professional commitments, I find myself unable to continue serving on the Board. I want to thank my fellow directors and wish Atco much success as it advances its newly identified uranium prospects.” The Company would like to thank Mr. Brisco for all his efforts and wish him the very best with his future endeavors.

    About Atco Mining (CSE: ATCM):

    Atco is a junior exploration mining company focused on exploring for green energy metals throughout Canada. Atco is exploring for uranium in the Athabasca Basin as well as salt opportunities in Western Newfoundland. Investors are encouraged to visit the company’s website here: www.atcomining.com

    For further information contact:

    Atco Mining Inc.

    Email: [email protected]

    Telephone: (604) 681-0084

    www.atcomining.com

    Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release. The Canadian Securities Exchange has not in any way approved nor disapproved the contents of this news release.

    FORWARD LOOKING STATEMENTS:

    Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. 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 are detailed from time to time in the filings made by the Company with securities regulations. 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 disclaims any intention or obligation to update or revise such information, except as required by applicable law.

    Copyright (c) 2024 TheNewswire – All rights reserved.

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    COMTEX_449869126/2895/2024-03-26T15:46:08

  • Grid Battery Renews Engagement with Triomphe Holdings Ltd. (DBA Capital Analytica) To Provide Social Media Services

    (via TheNewswire)

    Grid Battery Metals Inc..

    Coquitlam, BC / TheNewswire / March 7, 2024- Grid Battery Metals Inc. (the “Company” or “Grid”) (TSXV:CELL) (OTC:EVKRF) (FRA:NMK2) announces that it has renewed its contract with Triomphe Holdings Ltd. (dba Capital Analytica) (“Capital Analytica”) to provide a multi-faceted Promotional Enhancement Service. Capital Analytica is a Nanaimo, BC based company.

    The Company has entered into a Consulting Agreement (the “Agreement) with Capital Analytica dated March 6, 2024. Pursuant to the Agreement, Capital Analytica has agreed to provide services to the Company and the Company will pay Capital Analytica a fee of $60,000 upon TSX Venture Exchange (“Exchange”) approval for a term of six months, with an option to renew the Agreement for an additional six-month term. The services will include on-going social media consultation regarding engagement and enhancement, social sentiment reporting, social engagement reporting, discussion forum monitoring and reporting, corporate video dissemination and other related investor relation services. The Agreement is subject Exchange approval.

    Capital Analytica and Grid are not related parties and operate at arm’s length. Neither Capital Analytica nor its principals have any interest in the Company’s securities, directly or indirectly, or any right or intent to acquire such an interest.

    About Grid Battery Metals Inc.

    Grid Battery Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company’s maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market.

    www.gridbatterymetals.com.

    About Texas Springs Property

    The Company owns a 100% interest in the Texas Spring Property which consists of mineral lode claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot, Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in volcanic tuff and tuffaceous sediments of the Humbolt Formation. A Phase 1 exploration program at the Texas Springs Property (Fall 2023) yielded results with average lithium grades of 2010 ppm, applying a 1,000 ppm cut-off, and up to 5,610 ppm Lithium.

    The Texas Spring property adjoins the southern border of the Nevada North Lithium Project – owned by Surge Battery Metals Inc. (“Surge”) (TSXV: NILI, OTC: NILIF) and comprised of 725 mineral claims. Surge’s first round of drilling identified strongly mineralized lithium bearing clays. The average lithium content within all near surface clay zones intersected in the 2022 drilling program, applying a 1000 ppm cut-off, was 3254 ppm. (Press release March 29, 2023). More recent results have shown higher grade lithium up to 8070 ppm on this property after initial drilling (Press release September 12, 2023). Our exploration results are on-trend with these results.

    About Clayton Valley Lithium Project

    The Company owns a 100% interest in 113 lithium lode and placer claims covering over 640 hectares in Clayton Valley. Clayton Valley is a down-dropped closed basin formed by the Miocene age Great Basin extension and is still active due to movement along the Walker Lane structural zone. As a result, the basin has preserved multiple layers of lithium bearing volcanic ash, resulting from multiple eruptive events over the past 6 million years including eruptions from the 700,000-year-old Long Valley Caldera system and related events. These ash layers are thought to contribute to the lithium brines extracted by Albemarle and are also likely involved in the formation of the exposed lithium rich clay deposits on the east side of Clayton Valley.

    Volt Canyon Lithium Property

    The Company owns a 100% interest in 80 placer claims covering approximately 635 hectares of alluvial sediments and clays located 122 km northeast of Tonopah, Nevada.

    About the British Columbia, Nickel Projects

    The Mount Sidney Williams Group consists of three claim blocks with a total area of 10,569 hectares in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX Nickel Corp., located 100 kilometres northwest of Fort St. James, B.C., in the Omineca mining division. Metallic mineralization includes nickel, cobalt, and chromium. At least some of the nickel mineralization occurs as awaruite. The Mitchell Range Group area claim consists of one claim block covering 8,659 hectares with demonstrated metallic mineralization including nickel, cobalt, and chromium. Nickel cobalt mineralization has not been well explored, but the presence of awaruite has been documented. The Company’s B.C. Nickel properties are held within Grid’s wholly-owned subsidiary, AC/DC Battery Metals Inc.

    The Company has previously announced plans to spin out its wholly-owned subsidiary, AC/DC Battery Metals Inc., finance it separately, and separately list it on the TSX Venture Exchange in 2024. This transaction once complete, will provide a valuable share dividend to each Grid Shareholder of record for no additional cost.

    On Behalf of the Board of Directors

    “Tim Fernback”

    Tim Fernback, President & CEO

    Contact Information:

    Email: [email protected]

    Phone: 604- 428-5690

    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. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. It should be noted that results from any adjacent property(s) are not an indication of what may be found on the Company’s property(s).

    Copyright (c) 2024 TheNewswire – All rights reserved.

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  • Bathurst Metals Announces Completion of Successful Diamond Drilling Program at the Peerless Project, Gold Bridge Area, B.C.

    (via TheNewswire)

    Bathurst Metals Corp

    Vancouver, B.C. — TheNewswire — March 19, 2024–Bathurst Metals Corp. (“Bathurst” or the “Company”) (TSXV:BMV) (OTC:BMVVF) is pleased to announce the completion of the Company’s inaugural diamond drilling program on our Peerless Project, testing the Beta Zone area. The program entailed completing four HQ-size diamond drill holes for 702.0 metres. The Peerless Property is in the historic Bralorne-Gold Bridge Mining Camp area in southwest British Columbia.

    The company initially planned to drill three (3) holes totaling 600 metres. Based on the extent and concentrations of mineralization and noted visible gold, the program was expanded to four (4) holes for a total of 702.0 metres.

    Mineralization consisted mainly of fracture-controlled to semi-massive arsenopyrite, pyrite, galena, and sphalerite associated with quartz veins, quartz-carbonate veining, micro-veining, and areas of extensive silica flooding. Intense clay alteration also occurs near sulphide mineralization. Mineralization is hosted mainly within brecciated and listwanite altered (carbonate, serpentine, talc, mariposite/fuchsite) ultramafics, sparse feldspar porphyry dykes and carbonatized felsic dykes.

    This successful drill program allowed the Company geologists to confirm the occurrence of an east-west trending, near vertical structure associated with mineralization. The structure appears to offset the local dykes, and based on airborne and ground magnetic surveys, several additional structures may occur on the property in areas of elevated base and precious metals present in historic soil samples.

    Lorne Warner, P.Geo, President of Bathurst Metals Corp., States, ” We were very successful in our first drilling program consistently locating and encountering significant concentrations of mesothermal sulphide mineralization in the target east-west trending structure we believe is responsible for the gold mineralization. Confirming our hypothesis, visible gold was indeed observed to be associated with sulphide mineralization. We also suspect we have located a second similar gold-bearing structure, both of which remain open along strike and to depth.”

    Once the Company has received and compiled the multi-element analysis ICP (Induced Coupled Plasma) and gold fire assay data of the 108 selected samples. The Company will consider further drill testing in late spring 2024 as the structure remains open along strike and down-dip. Assay results are pending.

    Qualified Person

    Mr. Greg Bronson, P.Geo., is a “Qualified Person” as defined by National Instrument 43-101. Mr. Bronson has approved the dissemination of the scientific and technical information in this news release.

    On behalf of the Board of Directors

    “Harold Forzley”

    CEO

    Bathurst Metals Corp.

    For more information contact Harold Forzley, Chief Executive Officer

    [email protected]

    604-783-4273

    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.

    About Bathurst Metals Corp.

    Bathurst Metals Corp. is an exploration-stage company engaged in the acquisition, exploration, and development of mineral properties in Nunavut and British Columbia, Canada. The Company holds a 100% interest in the Turner Lake, TED, McGregor Lake, Speers Lake, Gela Lake and McAvoy Lake Projects in Nunavut and the Peerless Property a gold /silver prospect in the historic Bralorne Camp in British Columbia.

    Copyright (c) 2024 TheNewswire – All rights reserved.

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  • Mydecine Innovations Group Inc. Announces Share for Debt Settlement

    (via TheNewswire)

    Mydecine Innovations Group Inc.

    VANCOUVER, BC / TheNewswire / 20 March 2024 — Mydecine Innovations Group Inc. (CSE: MYCO) (FSE: 0NFA), (OTC: MYCOF) (AQSE: MYIG) (the “Company” or “Mydecine“) announced that it has entered into a debt settlement agreement (the “Settlement Agreement“) to partially settle outstanding debts owed to a creditor (the “Creditor“) for legal services rendered. Pursuant to the Settlement Agreement, the Company has agreed to issue an aggregate of 2,941,176 common shares (“Shares“) at a deemed price of $0.017 per Share, based on a 20-day VWAP (the “Share Settlement“). The Company anticipates closing the Share Settlement on or about 27 March 2024. The Share Settlement will settle $50,000.00 in debts owed to the Creditor, which is partial settlement for the total amount of bona fide debts owed to the Creditor.

    The board of directors of the Company has determined that it is in the best interests of the Company to settle the outstanding debts by the issuance of the Shares in order to preserve the Company’s cash for working capital.

    The Company will be relying on the “Employee, Executive Officer, Director and Consultant” exemption contained in section 2.24 (the “Exemption“) of National Instrument 45-106 – Prospectus Exemptions, to issue the Shares to the Creditor.

    The Directors of Mydecine take responsibility for this announcement.

    This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (“MAR”), and is disclosed in accordance with the Company’s obligations under Article 17 of MAR.

    About Mydecine Innovations Group Inc.

    Mydecine Innovations Group(TM) is a biotechnology company developing the next generation of innovative medications and therapies to address mental health disorders such as nicotine addiction and post-traumatic stress disorder (PTSD). The core strategy blends advanced technology with an elaborate infrastructure for drug discovery and development. Mydecine’s dedicated multinational team constantly develops new paths for breakthrough treatment solutions in areas with considerable unmet needs. By collaborating with some of the world’s leading specialists, the Company aspires to responsibly speed up the development of breakthrough medications to provide patients with safer and more effective treatment solutions. At the same time, Mydecine’s approach focuses on the next generation of psychedelic medicine by creating innovative compounds with unmatched therapeutic potential through its clinical trial efforts with world-class scientific and regulatory expertise.

    Learn more at: https://www.mydecine.com/ and follow the company on Twitter, LinkedIn, YouTube, and Instagram.

    For more information, please contact:

    Media Contact

    [email protected]

    Investor Relations

    [email protected]

    On behalf of the Board of Directors

    Joshua Bartch, Chief Executive Officer [email protected]

    AQSE Corporate Advisor

    Novum Securities Limited Tel: +44 (0)207 399 9400

    David Coffman/ George Duxberry

    For further information about Mydecine, please visit the Company’s profile on SEDAR at https://sedar.com/ or visit the Company’s website at https://www.mydecine.com/.

    Forward-Looking Statements

    Certain statements in this news release constitute “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking statements and information are provided for the purpose of providing information about management’s expectations and plans relating to the future. All of the forward-looking information made in this news release is qualified by the cautionary statements below and those made in our other filings with the securities regulators in Canada. Forward-looking information contained in forward-looking statements can be identified by the use of words such as “are expected,” “is forecast,” “is targeted,” “approximately,” “plans,” “anticipates,” “projects,” “anticipates,” “continue,” “estimate,” “believe” or variations of such words and phrases or statements that certain actions, events or results “may,” “could,” “would,” “might,” or “will” be taken, occur or be achieved. All statements, other than statements of historical fact, may be considered to be or include forward-looking information. This news release contains forward-looking information regarding the Share Settlement. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.

    The forward-looking information set forth herein reflects the Company’s reasonable expectations as at the date of this news release and is 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, other than as required by law. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.

    Copyright (c) 2024 TheNewswire – All rights reserved.

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