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Former NBA player Ben McLemore was found guilty on Thursday, July 3 of raping a woman.

The 32-year-old was found guilty on three counts: first-degree rape, first-degree unlawful sexual penetration and second-degree sexual abuse, according to a Clackamas County (Oregon) press release.

After an 11-day trial, the jury spent about 10 hours in deliberation. McLemore’s sentencing is scheduled for Wednesday, July 9 at 9:30 a.m. local time.

The charges stemmed from a party in October 2021 at a Lake Oswego, Oregon, home owned by Robert Covington, a teammate of McLemore when both played for the Portland Trail Blazers.

The woman who accused McLemore said she was incapacitated after a night of heavy drinking during the party, and was unable to give consent for the sexual encounter.

Who is Ben McLemore?

McLemore played at the University of Kansas before becoming a first-round pick (seventh overall) in the 2013 NBA Draft by the Sacramento Kings. He also played for the Trail Blazers, Memphis Grizzlies, Houston Rockets and Los Angeles Lakers.

He averaged nine points, 2.3 rebounds and one assist a game during his NBA career.

This post appeared first on USA TODAY

Kelsey Plum and the Los Angeles Sparks defeated the Indiana Fever for a second time in as many weeks, winning 89-87, on Saturday, July 5.

The Fever, who were playing without All-WNBA guard Caitlin Clark, had their win streak snapped after three games. 

Indiana had a chance to take the lead and win the game at the buzzer, but Aliyah Boston came up short on her shot attempt. The Fever held a lead as large as eight points during the game.

The Sparks trailed at the end of each of the first two quarters but turned things around in the third quarter to take a 1-point lead going into the final period.

Four of the Sparks’ five starters finished the game with double-digit points. Azura Stevens produced a double-double with a team-high 21 points and 12 rebounds in the Sparks’ victory. Plum added 20 points, three assists and three rebounds. Forward Dearica Hamby added 18 points and Rickea Jackson had 15 points.

Boston finished with 23 points and 12 rebounds for the Fever. Natasha Howard almost had a double-double after recording 21 points and nine rebounds.

The Fever will host the Golden State Valkyries on Wednesday, July 9. The Sparks will host the Minnesota Lynx on Thursday, July 10.

Highlights: Sparks 89, Fever 87

3Q: Sparks 70, Fever 69

Azura Stevens had 17 points and six rebounds for the Sparks after three quarters of play. Dearica Hamby and Kelsey Plum each had 16 points.

Natasha Howard had 19 points and seven rebounds for the Fever. Aliyah Boston produced a double-double with 17 points and 10 rebounds before the final quarter of regulation.

Halftime: Fever 45, Sparks 42

Aliyah Boston shot 6-of-10 from the field while finishing the first half with 13 points, seven rebounds and a block. Natasha Howard added eight points and five rebounds for the Fever.

‘We have to be a lot more disciplined on the defensive end,’ Boston said during a halftime interview on NBA TV. ‘They’re getting some pretty clean looks. They’ve gotten some second-chance points. So we have to make sure we clean that up.’

Kelsey Plum had a team-high 11 points for the Sparks. Azura Stevens had nine points and six rebounds in the first half but was limited to just two points in the second quarter.

1Q: Fever 23, Sparks 21

Aliyah Boston had seven points and five rebounds for Indiana in the opening period against Los Angeles. Kelsey Mitchell added eight points. Both women played all 10 minutes in the quarter.

Azura Stevens led the Sparks with seven points and four rebounds in eight minutes of play. Dearica Hamby added six points, two rebounds and two assists in 10 minutes.

Caitlin Clark ruled out with groin injury

Indiana Fever star Caitlin Clark missed her fifth consecutive game due to a left groin injury on Saturday.

It’s the 10th game that Clark has missed this season, including the Fever’s 74-59 victory over the Minnesota Lynx in the Commissioner’s Cup final on July 1.

The Fever have remained competitive without Clark, winning the last three games that followed a loss to the Los Angeles Sparks on June 26.

Clark has begun to work her way back by participating in drills and was spotted sitting on the bench during the game on Saturday.

Fever coach Stephanie White indicated that Clark would ideally be back in the lineup to play when she wouldn’t need to be on a minutes restriction.

Fever starting lineup vs. Sparks

Guard Kelsey Mitchell, guard Aari McDonald, guard Lexie Hull, forward Natasha Howard and forward-center Aliyah Boston make up the starting lineup on Saturday.

Sparks starting lineup vs. Fever

Guard Julie Allemand, guard Kelsey Plum, forward Rickea Jackson, forward Dearica Hamby and forward-center Azura Stevens will start against the Fever tonight.

How to watch Los Angeles Sparks vs. Indiana Fever: TV, stream

  • Date: Saturday, July 5
  • Time: 7 p.m. ET
  • Location: Gainbridge Fieldhouse, Indianapolis, Indiana
  • TV: NBA TV
  • Live stream:  Fubo

The game will be available to view on demand on WNBA League Pass after it concludes.

Watch Fever vs Sparks with Fubo

This post appeared first on USA TODAY

Real Madrid survived a frantic finish against Borussia Dortmund to reach the FIFA Club World Cup semifinals. And they have their French World Cup champion and Golden Boot winner to thank for helping them advance.

Kylian Mbappé scored in stoppage time to keep them ahead, goalkeeper Thibaut Courtois made a crucial save on the final play, and Real Madrid advanced past Dortmund, 3-2, in in their quarterfinal match on Saturday, June 5, at MetLife Stadium in East Rutherford, N.J.

Mbappé’s scored his first goal at the Club World Cup (90’+4’) with ideal timing. His fallaway right boot was the insurance Real Madrid needed, answering a goal scored by Dortmund’s Maximilian Beier (90’+2’), and coming before Serhou Guirassy scored a penalty (90’+8’) in the chaotic final minutes.

Courtois saved a right boot fired by Dortmund’s Marcel Sabitzer in the closing seconds to secure the victory, which Real Madrid had in hand for most of the match as Gonzalo García (10’) and Fran García (20’) built the early lead they barely sustained.

The Club World Cup semifinals are set: Premier League standouts Chelsea will face Brazilian side Fluminense in the first semifinal on Tuesday, July 8.

Real Madrid — which beat Dortmund in the 2024 Champions League final before Mbappé joined the club — will meet the 2025 Champions League winners Paris Saint-Germain, Mbappé’s old team, in the other semifinal on Wednesday, July 9.

Both semifinals, and the Club World Cup final on Sunday, July 13 will be played at MetLife Stadium.

PSG VS. BAYERN: UEFA Champions League winners move onto Club World Cup semifinals

Mbappé entered as a substitute in the 68th minute, playing to the final whistle in his second consecutive match of the tournament. He missed the first three matches due to a stomach flu that caused him to be briefly hospitalized on June 19.

With Mbappé sidelined, Gonzalo García has made the most of his opportunity. He has scored four goals in Real Madrid’s five Club World Cup matches.

However, Mbappé proved his importance to Real Madrid’s Club World Cup title chances with his clutch score to help them advance to the semifinals.

Watch every Club World Cup game free on DAZN

Real Madrid vs. Dortmund, Club World Cup highlights

Real Madrid 3, Dortmund 2: Thibaut Courtois makes save to end match

What a save by Real Madrid goalkeeper Thibaut Courtois on the final play of the match, stoppage a shot by Dortmund’s Marcel Sabitzer. Real Madrid survives and advances.

Real Madrid 3, Dortmund 2: Serhou Guirassy scores penalty

Dortmund’s Serhou Guirassy has scored a penalty in stoppage time (90’+8’), after being fouled by Real Madrid’s Dean Huijsen in the penalty area.

Real Madrid 3, Dortmund 1: Kylian Mbappé scores goal

Kylian Mbappé scored a fall-away goal with his right boot in added time (90’+4’) to punch Real Madrid’s ticket to the semifinal.

Real Madrid 2, Dortmund 1: Maximilian Beier scores goal

Dortmund trimmed the deficit with three minutes left to play. Maximilian Beier scored in added time (90’+2’) to make it 2-1. We’ll see if Real Madrid can close this out.

Real Madrid 2, Dortmund 0: Mbappé, Modric enter in second half

Real Madrid will make some substitutes with Mbappé, Ballon d’Or winner Luka Modric and Dani Ceballos coming on in the 68th minute for Jude Bellingham, Vinicius Junior and Trent Alexander-Arnold.

Will Mbappé enter in second half for Real Madrid?

Real Madrid leads 2-0, but it is unclear when Mbappé will enter the match as a substitute if he does. He was not listed as a starter in Real Madrid’s starting lineup for the match.

Real Madrid 2, Dortmund 0: Halftime update

Real Madrid is one half away from advancing in the Club World Cup. They control the match with two goals in the first 20 minutes from Gonzalo García (10′) and Fran García (20′), while Vinicius Junior and Jude Bellingham have spoiled opportunities to increase their lead. Dortmund had only one shot on goal from three attempts, despite controlling 58.5% possession in the first half.

Real Madrid 2, Dortmund 0: Jude Bellingham misses shot on goal

Real Madrid’s Jude Bellingham nearly scored inside the box in the 27th minute, but his shot veered to the right of the net. It was a missed opportunity by Bellingham, who played for Dortmund from 2020-23, to triple Real Madrid’s lead in the first half.

Real Madrid 2, Dortmund 0: Fran García scores goal

Fran García has scored Real Madrid’s second goal, sneaking a left boot into the back of the net in the 20th minute.

It’s early, but everything is going Real Madrid’s way in this quarterfinal against Dortmund.

Real Madrid 1, Dortmund 0: Gonzalo García scores goal

Real Madrid received another goal from its breakout star in the Club World Cup: Gonzalo García has scored in the 10th minute, his fourth goal in five matches during the tournament.

García has started in place of Kylian Mbappé, who was sidelined with a stomach flu for the first three matches of the tournament and returned off the bench against Juventus in the last round. The decision to start García over Mbappé appears to have already paid off for Real Madrid coach Xabi Alonso.

Real Madrid, Dortmund players honor Diogo Jota

How to watch Real Madrid vs. Dortmund live stream link?

The match is also available to live stream for free on DAZN.

How to watch Real Madrid vs. Dortmund match on TV?

The match will be broadcast by TNT and TruTv in English, and Univision and TUDN in Spanish in the United States.

What time is Real Madrid vs. Dortmund match?

The match begins at 4 p.m. ET (10 p.m. in Madrid and Dortmund, Germany)

Is Mbappé playing? Real Madrid starting lineup vs. Dortmund

Mbappé is expected to play, but will come on as a substitute. He was not listed as a starter in Real Madrid’s starting lineup for the match.

Borussia Dortmund starting lineup vs. Real Madrid

Is Jobe Bellingham playing today? 

No, Jobe Bellingham is not playing for Dortmund because of a yellow card accumulation in the Club World Cup. He won’t play against his older brother, Jude for Real Madrid. 

What did the coaches say before Real Madrid vs. Dortmund match?

It will be the fifth match for Xabi Alonso as Real Madrid’s coach, taking over during their Club World Cup run after leading Bayer Leverkusen in Germany.

“It will be an intense game, and we need to perform at a high level. We’re looking forward to it,” Alonso told reporters before the match.

Dortmund’s Niko Kovac orchestrated the club’s epic comeback from 10th place to fourth to finish the Bundesliga season.

“We’re expecting a lot of supporters, especially for Real Madrid,” Kovac told reporters. “We’re here as an underdog, but we also want to show our best face and hopefully – this is what we are believing – we can pass to the next round.”

Real Madrid vs. Dortmund betting odds

Here are the betting odds during regular time, according to BETMGM.

  • Real Madrid: -165
  • Draw: +333
  • Dortmund: +400
  • Over/under: 3.5 goals

Who will Real Madrid-Dortmund winner face in Club World Cup semifinal?

The winner of the Real Madrid-Dortmund match will face Paris Saint-Germain in the Club World Cup semifinal on July 9 at MetLife Stadium.

Which teams are already in the Club World Cup semifinals?

Premier League standouts Chelsea and Brazilian club Fluminense in the first Club World Cup semifinal on July 8 at MetLife Stadium.

Chelsea beat Palmeiras (Brazil) 2-1, while Fluminense topped Al-Hilal (Saudi Arabia) 2-0 on July 4.

When is the FIFA Club World Cup final?

The Club World Cup final will be played on Sunday, July 13 at 3 p.m. ET inside MetLife Stadium in East Rutherford, NJ.

This post appeared first on USA TODAY

NASCAR’s inaugural In-Season Challenge got off to a chaotic start last week at Atlanta. Chase Elliott won on his home track in what became an event of attrition following multiple big wrecks.

More than one-third of the grid did not finish the June 28 race at EchoPark Speedway, and Elliott passed leader Brad Keselowski on the final lap to take victory by 0.168 seconds.

That victory marked Elliott’s first win since his win at Texas Motor Speedway back in April 2024. It also closed the gap at the top of the drivers’ standings from Elliott in second to points leader William Byron, who was caught in one of the wrecks. Elliott now sits 37 points behind Byron atop the standings.

With many drivers knocked out of contention before the checkered flag, the in-season challenge bracket saw plenty of upsets. Top seed Denny Hamlin’s DNF gave No. 32 seed Ty Dillon the win and eliminated the Joe Gibbs Racing driver from contention. Same goes for Hamlin’s JGR teammate Chase Briscoe, the No. 2 seed.

This week marks the only street course event on the Cup Series calendar in 2025, so there will likely be even more surprises in store. Here’s everything you need to get ready for the Cup Series race in Chicago on July 6:

What time does the NASCAR Cup race in Chicago start?

The Grant Park 165 is scheduled to start at 2 p.m. ET (1 p.m. local) Sunday, July 6, on the street course in downtown Chicago.

What TV channel is the NASCAR Cup race in Chicago on?

The Grant Park 165 will be broadcast on TNT. It’s the second of four races to be broadcast on the network. Pre-race coverage will start at 1 p.m. ET.

Will there be a live stream of the NASCAR Cup race in Chicago?

Yes, the Grant Park 165 will be streamed on WatchTNT, Max and Sling TV.

Stream the NASCAR race at Chicago on Sling

How many laps is the NASCAR Cup race in Chicago?

The Grant Park 165 is 75 laps around the 2.2-mile track for a total of 165 miles. The race will have three segments (laps per stage) — Stage 1: 20 laps; Stage 2: 25 laps; Stage 3: 30 laps.

Who won the NASCAR Cup race at Chicago last year?

Alex Bowman led the final eight laps, taking the lead on Lap 51 of the shortened race that ended with a countdown clock on Lap 58 instead of the scheduled 75 after weather disrputed the race. When the clock hit zero, Bowman needed to maintain his lead for two laps – taking the white flag and the checkered flag – to earn his lone victory of 2024. Bowman pulled away from Tyler Reddick and won by 2.863 seconds.

NASCAR In-Season Challenge second round matchups

Thirty-two drivers qualified for the inaugural in-season challenge and 16 were eliminated in Atlanta. The 16 winners advanced to the second round and make up the remaining bracket. Here’s how things look entering Chicago:

Top half of draw

  • No. 17 Brad Keselowski vs. No. 32 Ty Dillon
  • No. 8 Alex Bowman vs. No. 9 Bubba Wallace
  • No. 5 Chase Elliott vs. No. 12 John Hunter Nemechek
  • No. 20 Erik Jones vs. No. 29 Ricky Stenhouse Jr.

Bottom half of draw

  • No. 15 Ryan Preece vs. No. 31 Noah Gragson
  • No. 23 Tyler Reddick vs. No. 26 Carson Hocevar
  • No. 6 Ty Gibbs vs. No. 22 A.J. Allmendinger
  • No. 3 Chris Buescher vs. No. 14 Zane Smith

What is the lineup for the Grant Park 165 at Chicago?

  1. Shane van Gisbergen, No. 88 Trackhouse Racing Chevrolet
  2. Michael McDowell, No. 71 Spire Motorsports Chevrolet
  3. Carson Hocevar, No. 77 Spire Motorsports Chevrolet
  4. Tyler Reddick, No. 45 23XI Racing Toyota
  5. Chase Briscoe, No. 19 Joe Gibbs Racing Toyota
  6. Kyle Busch, No. 8 Richard Childress Racing Chevrolet
  7. Ryan Preece, No. 60 RFK Racing Ford
  8. Chris Buescher, No. 17 Roush Fenway Keselowski Racing Ford
  9. Ty Gibbs, No. 54 Joe Gibbs Racing Toyota
  10. Austin Dillon, No. 3 Richard Childress Racing Chevrolet
  11. Alex Bowman, No. 48 Hendrick Motorsports Chevrolet
  12. Joey Logano, No. 22 Team Penske Ford
  13. Christopher Bell, No. 20 Joe Gibbs Racing Toyota
  14. Kyle Larson, No. 5 Hendrick Motorsports Chevrolet
  15. Brad Keselowski, No. 6 Roush Fenway Keselowski Racing Ford
  16. AJ Allmendinger, No. 16 Kaulig Racing Chevrolet
  17. Ryan Blaney, No. 12 Team Penske Ford
  18. Daniel Suarez, No. 99 Trackhouse Racing Chevrolet
  19. Will Brown, No. 13 Kaulig Racing Chevrolet
  20. Todd Gilliland, No. 34 Front Row Motorsports Ford
  21. Riley Herbst, No. 35 23XI Racing Toyota
  22. Ross Chastain, No. 1 Trackhouse Racing Chevrolet
  23. Cole Custer, No. 41 Haas Factory Team Ford
  24. Noah Gragson, No. 4 Front Row Motorsports Ford
  25. John Hunter Nemechek, No. 42 Legacy Motor Club Toyota
  26. Zane Smith, No. 38 Front Row Motorsports Ford
  27. Austin Cindric, No. 2 Team Penske Ford
  28. Justin Haley, No. 7 Spire Motorsports Chevrolet
  29. Josh Berry, No. 21 Wood Brothers Racing Ford
  30. Austin Hill, No. 33 Richard Childress Racing Chevrolet
  31. Josh Bilicki, No. 66 Garage 66 Ford
  32. Ricky Stenhouse Jr., No. 47 HYAK Motorsports Chevrolet
  33. Katherine Legge, No. 78 Live Fast Motorsports Chevrolet
  34. Erik Jones, No. 43 Legacy Motor Club Toyota
  35. Cody Ware, No. 51 Rick Ware Racing Ford
  36. Ty Dillon, No. 10 Kaulig Racing Chevrolet
  37. Bubba Wallace, No. 23 23XI Racing Toyota
  38. William Byron, No. 24 Hendrick Motorsports Chevrolet
  39. Chase Elliott, No. 9 Hendrick Motorsports Chevrolet
  40. Denny Hamlin, No. 11 Joe Gibbs Racing Toyota

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After a strong move in the week before this one, the Nifty spent the last five sessions largely consolidating in a very defined range. The markets traded with a weak underlying bias and lost ground gradually over the past few days; however, the drawdown remained quite measured and within the expected range. As the markets consolidated, the trading range got narrower. The Nifty moved in a 337-point range during the week. While the Index formed a near-similar high, it marked a much higher low. The volatility also retraced; the India VIX came off by 0.59% to 12.31. While showing no intention to trend higher, the headline Index closed with a net weekly loss of 176.80 points (-0.69%).

The Nifty has created an intermediate resistance zone between 25600 and 25650. A trending move on the upside would happen only if the Nifty is able to take out this zone on the upside convincingly. Until that happens, we will see the Nifty continuing to consolidate with 25100 acting as support. This is the prior resistance level, which is expected to act as support in case of any corrective retracement. So long as the Nifty is inside the 25000-25650 zone, it is unlikely to develop any sustainable directional bias on either side.

Friday was a trading holiday in the US. Because of this, we will not have any overnight cues to deal with on Monday. The Indian markets may see a stable and quiet start. The levels of 25650 and 25800 are likely to act as probable resistance points. Support levels come in at 25250 and 25000.

The weekly MACD is bullish and remains above its signal line. The weekly RSI is 62.40; it stays neutral and does not show any divergence against the price. No major formation was noticed on the candles.

The pattern analysis of the weekly chart reveals that after breaking above the rising trendline resistance and moving past the 25000-25150 zone, the Nifty consolidated after trending higher for four consecutive days. Over the past week, it gave up a portion of its gains and consolidated at higher levels. In the process, it has dragged its support level higher to 25000. As long as the Index remains above this point, the breakout and the resumption of the upmove observed in the preceding week remain valid and intact.

Overall, it is expected that the Nifty will remain within the 25000-25650 range over the coming week. The markets are unlikely to develop any directional bias unless they move past the 25650 level or violate the 25000 level. Sector rotation within the market is very much visible; it would be imperative to efficiently rotate sectors and stay invested in those that show improved relative strength and a promising technical setup. We are likely to see improved performance in the Auto, Energy, IT, and broader markets, among other sectors. It is also strongly recommended to protect profits here, where the stocks have run up hard. Any aggressive shorting should be avoided as long as the Nifty stays above the 25000 level. A cautiously positive approach is advised for the coming week.


Sector Analysis for the coming week

In our look at Relative Rotation Graphs®, we compared various sectors against the CNX500 (NIFTY 500 Index), representing over 95% of the free-float market cap of all the listed stocks. 

Relative Rotation Graphs (RRG) show that the Nifty PSU Bank Index and the Midcap 100 Index are the only two groups that are inside the leading quadrant. They are likely to outperform the broader markets relatively.

The Nifty Infrastructure Index is experiencing an improvement in its relative momentum while it remains within the weakening quadrant. Additionally, the PSE, Nifty Bank, and the Financial Services Index are located within the weakening quadrant. While individual stock-specific performance may not be ruled out, the overall relative performance may take a backseat.

The Commodities Index and the Services Sector Index have rolled into the lagging quadrant. The Consumption, Pharma, and the FMCG Indices also continue to languish inside the lagging quadrant. The Metal Index is showing a sharp improvement in its relative momentum against the broader markets, while staying within the lagging quadrant.

The IT, Energy, Media, Realty, and Auto Indices are inside the Improving quadrant. They continue to rotate firmly while improving their relative performance against the broader Nifty 500 Index.


Important Note: RRG charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.  


Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

www.EquityResearch.asia | www.ChartWizard.ae

Cornerstone investor brings proven regional track record; company now fully funded into 2026 for multi-project advancement in Colombia

Quimbaya Gold Inc. (CSE: QIM) (OTCQB: QIMGF) (FSE: K05) (‘Quimbaya’ or the ‘Company’) is pleased to announce the closing of its upsized non-brokered private placement of 11,525,299 units of the Company (each, a ‘Unit’) at a price of C$0.35 per Unit for gross proceeds of $4,033,854 (the ‘Offering’).

Each Unit is comprised of one common share in the capital of the Company (a ‘Share‘) and one common share purchase warrant (a ‘Warrant‘). Each Warrant entitles the holder to acquire one Share at a price of C$0.60 per Share for a period of 36 months expiring on July 4, 2028.

As previously disclosed, the upsizing was driven by a single investor group with a long-term outlook and a successful track record of supporting exploration and development projects in South America. The Company views this as a strong endorsement of its team, strategy, and pipeline of high-potential assets across Colombia’s Antioquia district.

‘With this raise, we are now well-funded into 2026,’ said Alexandre P. Boivin, President & CEO. ‘These funds will allow us to deepen our work at the Tahami South project while expanding efforts across the broader portfolio. We’re committed to smart, disciplined execution and are very encouraged by the high conviction backing we’ve received.’

The proceeds from the Offering will be used to advance the Company’s exploration programs, including drilling at the Tahami South project and follow-up work on regional copper-gold and gold targets, as well as for general working capital.

Clarification on Finder’s Fees and Warrants

The Company wishes to clarify that a cash commission of $16,800 was paid and 48,000 broker warrants were issued in connection with the Offering. However, as previously disclosed, no commissions or other broker compensation were paid on the strategic investment that drove the upsizing.

In connection with the Offering, the Shares, Warrants and broker warrants are subject to a four-month and one-day hold period expiring on November 4, 2025.

Insider Participation

Certain insiders of the Company participated in the Offering subscribing for an aggregate of 435,714 units for an aggregate subscription amount of $152,500. Each of the subscriptions from insiders constitutes a ‘related party transaction’ pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company has relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) thereof, respectively, as the common shares of the Company are not listed on a specified market and neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25% of the Company’s market capitalization (as determined under MI 61-101).

Appointment of Vice President, Business Development

Quimbaya is further pleased to announce the appointment of Sebastian Wahl as Vice President, Business Development. Mr. Wahl has served on the Company’s Board of Directors for the past six months and has played a pivotal role in shaping its strategic direction and external positioning.

Given his contributions to date and the Company’s growth trajectory, Mr. Wahl’s transition into an executive role is both timely and natural. As VP of Business Development, he will work closely with the CEO on capital markets initiatives, strategic partnerships, and internal structuring to ensure the Company is well-positioned for its next phase of growth.

‘Sebastian brings an exceptional network and a sharp sense of capital markets strategy,’ said Alexandre P. Boivin, President & CEO. ‘His insight and drive have already proven instrumental at the board level, and we’re excited to now have his energy full-time as we accelerate our momentum.’

Mr. Wahl’s appointment reinforces Quimbaya’s commitment to building a high-caliber leadership team capable of advancing its ambitious vision in Colombia and delivering value to shareholders.

Grant of Incentive Securities

The Company also announces that it has granted an aggregate of 1,730,000 restricted share units (RSUs) and 1,655,000 stock options to certain directors, officers, advisors, and consultants of the Company in accordance with its long-term performance incentive plan (the ‘LTIP‘). The stock options are exercisable at $0.50 per share for a period of three years.

About Quimbaya

Quimbaya aims to discover gold resources through exploration and acquisition of mining properties in the prolific mining districts of Colombia. Managed by an experienced team in the mining sector, Quimbaya is focused on three projects in the regions of Segovia (Tahami Project), Puerto Berrio (Berrio Project), and Abejorral (Maitamac Project), all located in Antioquia Province, Colombia.

Contact Information

Alexandre P. Boivin, President and CEO apboivin@quimbayagold.com 

Jason Frame, Manager of Communications jason.frame@quimbayagold.com, +1-647-576-7135‎

Quimbaya Gold Inc.
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Cautionary Statements

Certain statements contained in this press release constitute ‘forward-looking information’ as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, but not always, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’, ‘expects’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. Forward-looking statements herein include statements and information regarding the Offering’s intended use of proceeds, any exercise of Warrants, the future plans for the Company, including any expectations of growth or market momentum, future expectations for the gold sector generally, the Colombian gold sector more particularly, or how global or local market trends may affect the Company, intended exploration on any of the Company’s properties and any results thereof, the strength of the Company’s mineral property portfolio, the potential discover and potential size of the discovery of minerals on any property of the Company’s, including Tahami South, the aims and goals of the Company, and other forward-looking information. Forward-looking information by its nature is based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to, that the Company’s exploration and other activities will proceed as expected. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: future planned development and other activities on the Company’s mineral properties; an inability to finance the Company; obtaining required permitting on the Company’s mineral properties in a timely manner; any adverse changes to the planned operations of the Company’s mineral properties; failure by the Company for any reason to undertake expected exploration programs; achieving and maintaining favourable relationships with local communities; mineral exploration results that are poorer or better than expected; prices for gold remaining as expected; currency exchange rates remaining as expected; availability of funds for the Company’s projects; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; the Offering proceeds being received as anticipated; all requisite regulatory and stock exchange approvals for the Offering are obtained in a timely fashion; investor participation in the Offering; and the Company’s ability to comply with environmental, health and safety laws. Although Quimbaya’s management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257712

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Syntheia Corp. (CSE – SYAI) (‘Syntheia’ or the ‘Company’) (Syntheia.ai), a leading provider of conversational AI solutions for inbound telephone call management, is pleased to announce that further to its press release on May 16, 2025, it has entered into a definitive agreement dated July 5, 2025 (the ‘Definitive Agreement’), to acquire certain assets from Call Center Guys Inc. (‘CCG Assets’), an arm’s length party (the ‘Transaction’). The Assets consist primarily of employees, customers and intellectual property of CCG.

Acquisitions Terms:

Subject to the fulfillment of certain closing conditions, the CCG Assets will be acquired for consideration from Syntheia as follows:

  • 20,000,000 common shares in the capital of the Company;
  • $8,000,000 cash to be financed through a debt financing on terms to be determined (the ‘Debt Financing‘) less the Canadian equivalent of USD$1,485,000 payable to a third party in connection with a further acquisition of assets pursuant to an asset acquisition agreement to be assigned to the Company prior to closing (the ‘Cash Payment‘); and

No finder fees will be paid in connection with the Transaction. The terms of the Debt Financing required to make the Cash Payment noted above will be provided in due course. It is expected that the closing of the Transaction will occur following completion of the Debt Financing.

All common shares of the Company to be issued in connection with the Transaction pursuant to the terms of the Definitive Agreement will be subject to a four-month and a day statutory hold period from the date of issuance.

‘This acquisition, upon completion will bring an immediate $10M+ in revenue with a projected $2.2M+ of EBITDA on annual basis. When we then combine with our Syntheia conversational AI platform, we expect savings and efficiencies resulting from deploying our technology of 30% while increasing the customer experience. Welcome to the power of AI’ commented Tony Di Benedetto CEO of Syntheia. ‘We look to continue this industry wide roll out across North America deploying our conversational AI platform in call center acquisitions where we can enhance revenue growth, realize savings, increase customer satisfaction, and create consistent accretive shareholder value. Stay tuned!’; said Tony Di Benedetto, Chief Executive Officer

About Syntheia

Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations and deploying our technology to enhance customer satisfaction while dramatically reducing turnover and traditional staffing issues.

For further information, please contact:

Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434

Cautionary Statement

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release includes, but are not limited to, the synergies derived from the acquisition of the assets in the Transaction. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning the business of the Company’s future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.

Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company’s listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward‐looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

The securities of the Company have not been and will not 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 requirement. This press 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 jurisdiction in which such offer, solicitation or sale would be unlawful.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257850

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Melbourne, Australia (ABN Newswire) – Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce an interview with Executive Chairman, Iggy Tan at the recent Lithium Supply & Battery Raw Materials Conference in Las Vegas. The interview was conducted by The Rock Stock Channel.

Interview Highlights

– Discussions with potential spodumene feedstock offtakers ongoing

– Further talks with potential OEMs on battery grade lithium carbonate offtake

– All work completed on Becancour Lithium Project – waiting for lithium market recovery

– Acquisition of global rights photovoltaic (PV) solar panel recycling technology

– ‘Microwave Joule Heating Technology’ (MJHT) from Macquarie University

– Utilizes microwave technology to selectively heat and delaminate PV cells

– Today only 15% of waste solar cells are recycled, rest end up in land fill

– Difficult to recycle, high temperature furnace, toxic chemicals, low recovery

– To investigate further recovery of silver, silicon, gallium and indium

To Watch the Interview, please visit:
https://www.abnnewswire.net/lnk/S0S4T95N

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe’s mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.

 

 

Source:
Lithium Universe Ltd

 

 

Contact:
Iggy Tan
Executive Chairman
Lithium Universe Limited
Email: info@lithiumuniverse.com

 

 

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Stallion Uranium Corp. (the ‘ Company ‘ or ‘ Stallion ‘ ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that, further to the Company’s news releases dated May 14 th 2025 and May 21 st 2025, the TSX Venture Exchange (‘ TSX-V ‘) has approved the resumption of trading of the Company’s common shares. Trading will recommence on the TSX-V effective at markets’ open on July 7 th 2025. The Company is also pleased to announce that, further to its news release of November 28 th 2024, it has entered into a binding heads of agreement (the ‘ Heads of Agreement ‘) dated June 7 th 2025 amongst 1503571 B.C Ltd. (‘ 150 BC ‘), the remaining common shareholders of 150 BC (the ‘ Shareholders ‘) and Resolution Minerals Ltd. (‘ RML ‘), an ASX Listed Issuer, pursuant to which RML shall acquire all of the issued and outstanding shares of 150 BC.

 

The approval follows the revocation of the previously announced Cease Trade Order (‘ CTO ‘) issued by the British Columbia Securities Commission on May 7 th , 2025, as a result of the Company’s failure to file its audited annual financial statements, accompanying management discussion and analysis and certifications for the financial year ended December 31 st , 2024 (the ‘ Annual Filings ‘).

 

The CTO was issued under Multilateral Instrument 11-103 – Failure-To-File Cease Trade Orders In Multiple Jurisdictions and prohibits the trading or purchase by any person or company of any securities of the Company in each jurisdiction in Canada in which the Company is a reporting issuer for as long as the CTO remains in effect; however, the CTO provides an exception for beneficial securityholders of the Company who are not currently (and who were not as of May 7 th , 2025) insiders or control persons of the Company who may sell securities of the Company if both of the following criteria are met: (a) the sale is made through a foreign organized regulated market, as defined in Section 1.1 of the universal market integrity rules of the Investment Industry Regulatory Organization of Canada; and (b) the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation.

 

Further, the Company announces that Winning Media LLC of Huston, Texas, provided marketing services through one ticker tag article via the Globe and Mail for a one-day term on February 28 th , 2024, in consideration of a payment of USD$3,500. The services are no longer in effect and were not reviewed nor approved by the TSX-V at the time the services were provided as required by the policies of the TSX-V.

 

With stronger internal controls now in place, Stallion remains focused on unlocking the significant potential of its exploration portfolio in the prolific Athabasca Basin, recognized globally for its high-grade uranium deposits. The Company looks forward to providing further updates on its upcoming exploration activities in the near future.

 

  Agreement to Sell Shares of 1503571 B.C. LTD.:  

 

Pursuant to the Heads of Agreement, Stallion, along with the Shareholders have agreed to sell their common shares of 150 BC (the ‘ 150 BC Shares ‘) to RML (the ‘ Transaction ‘). Stallion acquired its 11,111,111 150 BC Shares in connection with the optioning of the Horse Heaven Property, as described in its news release dated November 8 th , 2024.

 

In connection with the Transaction, RML shall make the following payments to the Shareholders, on a pro rata basis in proportion to their shareholdings in 150 BC: (i) an aggregate of 444,812,889 fully paid ordinary shares in the capital of RML (‘ Consideration Shares ‘); (ii) an aggregate of 222,406,445 options to acquire fully paid ordinary shares in the capital of RML exercisable at A$0.018 each on or before July 31 st 2028 (‘ Consideration Options ‘); (iii) pay the Shareholders an initial aggregate cash payment of A$600,000 on completion of the Transaction (‘ Completion ‘); and (ii) a second aggregate cash payment of A$400,000 payable within nine months of Completion.

 

Stallion’s pro rata interest in such consideration is anticipated to be: 59,466,963 Consideration Shares, 29,733,482 Consideration Options, and aggregate cash payments of A$145,033. The Consideration Shares shall be subject to contractual escrow whereby 25% shall be released on Completion, 25% on the three-month anniversary from Completion, 25% on the six-month anniversary from Completion, and the final 25% on the 12-month anniversary from Completion.

 

The Transaction is subject to due diligence, RML shareholder approval, regulatory approvals, and other customary conditions to closing. There can be no guarantee that the Transaction will be completed as anticipated, or at all. RML and the Shareholders are arm’s length parties to Stallion.

 

  About Stallion Uranium Corp.  

 

 Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones and deposits.

 

Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com .

 

  On Behalf of the Board of Stallion Uranium Corp.  

 

Matthew Schwab
CEO and Director

 

  Corporate Office:  
700 – 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6

 

T: 604-551-2360
info@stallionuranium.com  

 

  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 contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, ‘forward-looking statements’) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as ‘will likely result’, ‘are expected to’, ‘expects’, ‘will continue’, ‘is anticipated’, ‘anticipates’, ‘believes’, ‘estimated’, ‘intends’, ‘plans’, ‘forecast’, ‘projection’, ‘strategy’, ‘objective’ and ‘outlook’) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.  

 

  Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement .

 

   

 

 

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On Monday (June 30), Statistics Canada released its natural resource indicator report for the first quarter of 2025.

The data shows a 1.6 percent growth quarter-over-quarter in the real gross domestic product (GDP) of the sector during the three-month period, indicating that the sector outpaced the broader economy, which posted an increase of just 0.5 percent.

The energy subsector led the way with a 2.2 percent gain, driven by increases of 2 percent in crude oil and 3.4 percent in electricity.

The minerals and mining sector increased by just 0.4 percent overall. Within it, the manufacturing of metallic mineral products grew 4 percent, and non-metallic mineral extraction rose 3.2 percent. On the other hand, metallic mineral extraction declined by 2.9 percent

Although real GDP increased, exports declined at the start of the year. Energy exports fell by 1.8 percent, due to a 12.4 percent decrease in outgoing refined petroleum products. Similarly, mineral and mining exports were also down by a more modest 0.9 percent.

South of the border, the “One Big Beautiful Bill” was passed by the US Congress on Thursday (July 3). The legislation is a cornerstone policy of President Donald Trump’s economic policy and includes several significant tax and spending cuts.

Among the provisions is an extension of US$4.5 trillion in tax breaks originally enacted by Trump in 2017 during his first term.

The package will increase defense and national security spending, including significantly increased funding for Immigration and Customs Enforcement and money earmarked for the development of the “Golden Dome” missile defense system.

To offset the decrease in tax income and increase in spending, the government made US$1.2 trillion in cuts to Medicaid and food stamps and clawed back green energy tax credits.

Critics of the bill have warned that it would result in increased deficit spending by the government, as shortfalls are expected to add more than US$3.3 trillion to the federal deficit over the next decade.

Markets and commodities react

In Canada, markets were closed on Tuesday (July 1) for the Canada Day holiday. Equity markets saw moderate gains this week with the S&P/TSX Composite Index (INDEXTSI:OSPTX) rising 1.24 percent to close at 27,036.16 on Friday. The S&P/TSX Venture Composite Index (INDEXTSI:JX) fared better, gaining 3.9 percent to 755.22, while the CSE Composite Index (CSE:CSECOMP) climbed 1.9 percent to 120.92.

Markets in the US also had a shortened week and were closed on Friday for the July 4 holiday. US equities were also in positive territory this week, with the S&P 500 (INDEXSP:INX) gaining 2.09 percent to close Thursday at 6,279.36, the Nasdaq 100 (INDEXNASDAQ:NDX) climbing 1.7 percent to 22,866.97 and the Dow Jones Industrial Average (INDEXDJX:.DJI) rising 0.77 percent to 44,828.54.

The gold price rose 1.85 percent to US$3,333.90 by Friday at 4 p.m. EDT, while the silver price ended the week up 2.39 percent to US$36.85.

In base metals, the COMEX copper price was unchanged this week at US$5.12 per pound. Meanwhile, the S&P GSCI (INDEXSP:SPGSCI) gained 1.49 percent to close at 552.55.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stock data for this article was retrieved at 4 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Mkango Resources (TSXV:MKA)

Weekly gain: 90 percent
Market cap: C$147.17 million
Share price: C$0.57

Mkango Resources is a rare earths exploration and development company focused on advancing rare earths mining and recycling projects.

The company owns the Songwe Hill rare earths project in Southeast Malawi. The property comprises 11 retention licenses and has undergone historic exploration dating back to the 1980s.

A July 2022 feasibility study for the property demonstrated economic viability with a post-tax net present value of US$559 million, an internal rate of return of 31.5 percent and a payback period of 2.5 years.

The report was based on a February 2019 mineral reserve estimate that reported measured and indicated total rare earth oxide (TREO) resources of 297,400 metric tons from 21.03 million metric tons of ore with an average grade of 1.5 percent and inferred resources of 366,200 metric tons of TREOs from 27.54 million metric tons of ore with an average grade of 1.33 percent.

The company is also developing the Pulawy rare earth separation plant in Poland in partnership with Grupa Azoty Zakłady Azotowe. Once complete, the plant is expected to produce 2,000 metric tons per year of neodymium, praseodymium and didymium oxides. It will also produce 50 metric tons per year of dysprosium and terbium oxides.

Additionally, Mkango holds a 79.4 percent interest in Maginito, which owns HyProMag, a company specializing in the recycling of rare earth magnets. The remaining 20.6 percent interest is held by CoTec Holdings (TSXV:CTH,OTCQB:CTHCF).

Shares in Mkango were up this week after the company announced on Thursday that it had entered into a definitive business combination agreement with Crown PropTech Acquisitions. The company stated that its subsidiary, Lancaster Exploration, and other subsidiaries would merge with Crown PropTech to create what it describes as a vertically integrated, global rare earths platform that incorporates Songwe Hill and the Pulawy separation plant. The combined entity will be named Mkango Rare Earths and trade on the Nasdaq.

Following the deal, which is targeted to close in Q4, Mkango will focus on its rare earths recycling business.

2. Lithium South (TSXV:LIS)

Weekly gain: 50 percent
Market cap: C$55.61 million
Share price: C$0.18

Lithium South is an exploration and development company working to advance its Hombre Muerto North lithium brine project in Argentina. The property consists of nine concessions covering a land package of 5,687 hectares.

According to its April 2024 preliminary economic assessment, the company is planning to install production wells at the Tramo, Natalia Maria and Alba Sabrina concessions. The assessment demonstrated project economics with a post-tax net present value of US$934 million, an internal rate of return of 31.6 percent and a payback period of 2.5 years.

The included mineral resource estimate for the three concessions reported a combined measured and indicated lithium resource of 297,400 metric tons from 404.1 million cubic meters of brine with an average concentration of 736 milligrams per liter.

The most recent news from Lithium South was released on June 25, when the company provided an update on its environmental impact assessment. Lithium South said that it had received a response from the mining secretariat of the Salta Province regarding the assessment and was in the process of responding to obtain final approval, which would allow the company to construct a pilot plant for its definitive feasibility study.

3. Oceanic Iron Ore (TSXV:FEO)

Weekly gain: 46.81 percent
Market cap: C$55.61 million
Share price: C$0.345

Oceanic Iron Ore is an exploration and development company working to advance its Ungava Bay iron projects in Northern Québec, Canada.

The properties consist of 3,000 claims covering a total land package of 1,500 square kilometers across three project areas: Hopes Advance, Morgan Lake and Roberts Lake.

A January 2020 preliminary economic assessment for Hopes Advance presented project economics, showing a post-tax net present value of US$1.4 billion, an internal rate of return of 16.8 percent and a payback period of 6.7 years.

The report also included a mineral reserve estimate for Hopes Advance with a measured and indicated resource of 515 million metric tons of iron concentrate from 1.39 billion metric tons of ore with an average grade of 32.1 percent.

On Monday, Oceanic announced it settled C$139,666 in accrued interest from several debentures by issuing common shares at a price of C$0.24. While its share price didn’t move much on that news, it picked up steam significantly in the latter half of the week.

4. Excellon Resources (TSXV:EXN)

Weekly gain: 44.44 percent
Market cap: C$55.61 million
Share price: C$0.325

Excellon Resources is an exploration and development company that is advancing its recently acquired Mallay silver mine in Peru back into production.

Mining at the site produced 6 million ounces of silver, 45 million pounds of zinc and 35 million pounds of lead between 2012 and 2018 before the operation was placed on care and maintenance.

On June 24, Excellon announced that it had completed its acquisition of Minera CRC, and its Mallay mine and Tres Cerros gold-silver project in Peru.

Excellon began the court-supervised acquisition process in October 2024. On March 11, Excellon announced that it had entered into a definitive agreement with Adar Mining and Premier Silver, which resolved any outstanding disputes between Adar, Premier, and Minera, and paved the way to complete the transaction.

In the June release, the company stated that it will immediately commence the next phase of its strategy to restart the mine. As Mallay is fully permitted with infrastructure in place, Excellon is aiming for run-rate silver production in Q2 of next year.

Additionally, the company announced on Thursday that it had appointed Mike Hoffman to its board of directors. Hoffman has been in the mining sector for over 35 years, and has experience with developing mines in Latin America.

5. Benz Mining (TSXV:BZ)

Weekly gain: 40.54 percent
Market cap: C$121.72 million
Share price: C$0.52

Benz Mining is a gold exploration company that is focused on advancing projects in Québec and Western Australia.

Its flagship Eastmain project consists of an 8,000 hectare property located in Central Québec within the Upper Eastmain Greenstone belt. The most recent mineral resource estimate from May 2023 reported an indicated resource of 384,000 ounces of gold from 1.3 metric tons of ore grading 9 g/t gold, and an inferred resource of 621,000 ounces of gold from 3.8 metric tons grading 5.1 g/t.

Earlier this year, Benz acquired the Glenburgh and Mt Egerton gold projects in Western Australia from Spartan Resources (ASX:SPR). It has spent much of 2025 exploring Glenburgh, which covers an area of 786 square kilometers and features 50 kilometers of strike. The site hosts six priority extension targets and 5 kilometers of exploration trend with over 100 parts per billion gold.

A November 2024 mineral resource estimate for Glenburgh showed an indicated and inferred resource of 510,000 ounces of gold from 16.3 million metric tons of ore with an average grade of 1 g/t gold.

On June 30, the company reported that it had encountered high-grade intercepts during its drill program at Glenburgh. One hole returned a grade of 2.9 g/t over 72 meters which included an intersection of 5.1 g/t over 39 meters at a depth of 319 meters.

The company stated that the results represent a significant step forward in “understanding and expanding the gold system.”

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of February 2025, there were 1,572 companies listed on the TSXV, 905 of which were mining companies. Comparatively, the TSX was home to 1,859 companies, with 181 of those being mining companies.

Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

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