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Here’s a quick recap of the crypto landscape for Wednesday (January 28) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$88,867.96, up by 2.0 percent over 24 hours.

Bitcoin price performance, January 28, 2025.

Chart via TradingView

Ether (ETH) was priced at US$2,990.46, up by 3.7 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.91, up by 2.3 percent over 24 hours.
  • Solana (SOL) was trading at US$126.72, up by 2.9 percent over 24 hours.

Today’s crypto news to know

Tether amasses massive gold reserve in Switzerland

Tether has quietly built what its CEO describes as the world’s largest non-sovereign gold hoard, holding roughly 140 tons of bullion worth about US$23 billion in a high-security Swiss bunker.

In an interview with Bloomberg, CEO Paolo Ardoino said the company has been buying more than a ton of physical gold per week, a pace that places it among the most active buyers in the global bullion market.

Executives say the strategy is designed to harden Tether’s balance sheet and hedge against fiat currency risk, particularly for its flagship stablecoin USDT and its gold-backed token XAUT.

Bullion traders note that sustained, price-insensitive buying of this scale can tighten supply and affect liquidity, especially when central banks and ETFs are also accumulating.

Critics, however, warn that concentrating so much physical gold in a single private entity adds a new layer of systemic and transparency risk.

South Dakota revives Bitcoin push

A South Dakota lawmaker has reintroduced legislation that would allow the state to allocate up to 10 percent of certain public funds to Bitcoin, reviving a proposal that stalled last year.

Filed by Republican Representative Logan Manhart, the bill would permit exposure through direct holdings, regulated custodians, or approved exchange-traded products. It also sets out strict custody and security standards, including exclusive control of private keys, encrypted hardware storage, and regular audits.

The measure has cleared its first procedural hurdle and is now with the state’s Committee on Commerce and Energy.

Similar initiatives have gained traction elsewhere, with several US states exploring or adopting crypto reserve strategies.

Paypal survey: large enterprises lead crypto payments adoption

Crypto payments are moving closer to routine checkout, driven largely by big businesses, according to a new survey from PayPal (NASDAQ:PYPL) and the National Cryptocurrency Association.

The survey found that about 40 percent of U.S. merchants now accept cryptocurrency, rising to 50% among companies with more than US$500 million in annual revenue.

Merchants cited growing customer demand as the main driver, with most saying shoppers have asked about paying with crypto and expect to use it regularly.

Ease of use remains the key barrier: respondents said adoption would accelerate if crypto payments felt as simple as card transactions.

PayPal said this demand is shaping product design, as firms look to integrate crypto without disrupting existing checkout flows.

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

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

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Solvonis Therapeutics plc (LSE: SVNS), an emerging biopharmaceutical company developing novel medicines for high-burden central nervous system (‘CNS’) disorders, announces the expansion of its investigational compound SVN-015 into the treatment of depression, supported by preclinical data demonstrating antidepressant-like activity benchmarked against fluoxetine.

Key highlights:

  • SVN-015 expanded into depression following positive preclinical data in validated rodent behavioural models
  • Antidepressant-like activity benchmarked against fluoxetine after 14-day, once-daily dosing
  • SVN-015 is a novel Serotonin-Dopamine Reuptake Inhibitor (‘SDRI’) designed to engage pathways central to mood, motivation and reward processing
  • Supports potential in patients with inadequate response to SSRIs in depression, including symptoms such as anhedonia and reduced motivation
  • SVN-015 is expected to be developed as a once-daily oral therapy suitable for at-home use, aligned with standard antidepressant treatment cycles

In a direct preclinical evaluation, SVN-015 demonstrated antidepressant-like activity comparable to fluoxetine following 14-day, once-daily dosing in validated rodent behavioural models widely used to assess antidepressant activity. Fluoxetine, a selective serotonin reuptake inhibitor (‘SSRI’), is one of the most established benchmark compounds in antidepressant drug development.

SVN-015 is a novel Serotonin-Dopamine Reuptake Inhibitor (‘SDRI’), with patent applications filed, designed to engage pathways central to mood regulation, motivation, and reward processing. Despite widespread SSRI use, many patients fail to achieve adequate symptom control, particularly for symptoms such as anhedonia (feeling emotionally flat), reduced motivation, and impaired reward function. According to the U.S. National Institute of Mental Health (NIMH), Major Depressive Disorder (‘MDD’) affects more than 20 million adults in the United States annually, and tens of millions more across major international markets, including Europe and Japan.

SVN-015 is expected to be developed as a once-daily oral therapy suitable for at-home use, intended to support continuous symptom management within standard antidepressant treatment cycles. Its delivery model and reimbursement pathway are intended to align with established SSRI therapies, with potential advantages in scalability, patient access and long-term adherence.

As previously announced, SVN-015 has also been independently selected for evaluation within the U.S. National Institute on Drug Abuse (‘NIDA’) Addiction Treatment Discovery Program for stimulant use disorders, providing external, non-dilutive validation of the compound’s pharmacological profile in a separate CNS indication. This programme is separate from Solvonis’ research on depression.

Anthony Tennyson, Chief Executive Officer, commented:Demonstrating antidepressant-like activity versus a gold-standard SSRI following repeat dosing is a notable preclinical signal, supporting SVN-015’s expansion into research and development of small molecule therapies for depression.’

Professor David Nutt, Chief Scientific Officer, added: ‘These data are highly encouraging and reflect a mechanistically grounded approach engaging both serotonergic and dopaminergic systems. Demonstrating antidepressant-like effects under repeat-dose conditions supports further development of SVN-015 and the broader SDRI class as a potential new class of antidepressant medicines.’

Enquiries:

Solvonis Therapeutics plc

Via Walbrook

Anthony Tennyson, CEO & Executive Director

Singer Capital Markets (Broker)

+44 (0) 20 7496 3000

Phil Davies

Walbrook PR (PR/IR advisers)

Tel: +44 (0)20 7933 8780 or solvonistherapeutics@walbrookpr.com

Anna Dunphy

Mob: +44 (0)7876 741 001

Lianne Applegarth

Mob: +44 (0)7584 391 303

Rachel Broad

Mob: +44 (0)7747 515 393

About Solvonis Therapeutics plc

Solvonis Therapeutics plc (LSE: SVNS) is an emerging biopharmaceutical company developing novel small-molecule therapeutics for high-burden central nervous system (CNS) disorders. Headquartered in London and listed on the main market of the London Stock Exchange, Solvonis is advancing a differentiated pipeline of repurposed and novel compounds across addiction and psychiatry.

The Company’s lead programmes address Alcohol Use Disorder (AUD) and Post-Traumatic Stress Disorder (PTSD), with additional development and discovery work supporting expansion into further addiction and psychiatric indications, including stimulant use disorder and depressive disorders.

Its lead asset, SVN-001, is currently in Phase 3 for severe AUD in the UK, while SVN-002 is preparing for a Phase 2b trial in the US targeting moderate-to-severe AUD. The preclinical PTSD programme (SVN-SDN-14) leverages novel serotonin-dopamine modulators designed to enhance pro-social behaviour and long-term outcomes.

In parallel, Solvonis is advancing proprietary CNS discovery programmes supported by a dedicated compound library to identify new small-molecule modulators of key neurotransmitter systems. This platform enables efficient early-stage innovation and supports the Company’s integrated approach to developing therapies across its three strategic pillars.

With a capital-efficient model, dual development strategy, and near-term partnering opportunities, Solvonis is positioned to deliver sustained value through innovation in CNS therapeutics.

solvonis.com | LinkedIn | X (Twitter)

Source

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Richmond Hill Resources PLC (AIM: RHR) announces that the Company has raised gross proceeds of £600,000 through a placing of 23,077,000 new ordinary shares of 0.1 pence each (‘Ordinary Shares’) at a price of 2.6 pence per new ordinary share (the ‘Issue Price’) (the ‘Placing’). In addition, further to the announcement on 18 December 2025, the Company has entered into a sale and purchase agreement (“SPA”) with Ulvestone Ltd (“the Vendor”) with respect to the Martello Gold Project in Canada.

Placing

Richmond Hill has raised gross proceeds of £600,000 comprising the Placing of 23,077,000 new Ordinary Shares at the Issue Price through its broker, Clear Capital Limited. The Issue Price represents a 6% premium to the mid-market closing price of 2.45 pence per Ordinary Share on 27 January 2026, being the latest practicable business day prior to the publication of this announcement.

The net proceeds of the Placing will be used to provide the Company with additional funding for general working capital and to progress its newly acquired Martello Gold Project in Ontario, Canada.

The Company is exploring the implementation of a facility to enable retail investors to participate in a future equity fundraise. A further announcement will be made in due course should such a facility be established.

Martello Gold Project

The Company has entered into an SPA to acquire the Martello Gold Project. The terms of the SPA are the same as the terms announced on 18 December 2025 with the exception that the vendor party has changed from Olerud Ltd to Ulvestone Limited. Ulvestone Ltd has assumed the Vendor’s rights and obligations under the transaction in place of Olerud Ltd. Both companies are controlled by James Ikin, a substantial shareholder in the Company.

As announced on 5 January 2026, work has commenced on historic data compilation and digitisation is ongoing to define high-priority drill targets for a maiden drill programme.The Company has been informed that the database compilation will be completed shortly.

Initial Cash and Equity Payment and Issue of Creditor Shares

Richmond Hill will shortly make a payment to the Vendor of £100,000 in cash.

Richmond Hill has also issued 38,750,000 new Ordinary Shares at a price of 2 pence per share (‘Consideration Shares’) to the Vendor in line with the first tranche payment due to the Vendor under the SPA.

The Company has also issued 1,300,000 new Ordinary Shares in the Company at a price of 2 pence per share to an outstanding creditor to settle existing liabilities (“Creditor Shares”).

Related Party Transaction

James Ikin, who is a substantial shareholder in the Company, controls the Vendor and therefore the entering into of the SPA constitutes a related party transaction pursuant to Rule 13 of the AIM Rules for Companies. The directors of the Company, all being independent of the transaction, having consulted with the Company’s nominated adviser, Cairn Financial Advisers LLP, consider that the terms of the transaction are fair and reasonable insofar as the Company’s shareholders are concerned.

Admission

Application will be made to the London Stock Exchange for the admission of 63,127,000 new Ordinary Shares to trading on AIM (‘Admission’). Admission is expected to occur on or around 11 February 2026.The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Total Voting Rights

For the purposes of the Disclosure and Transparency Rules, following Admission, the Company’s issued share capital will comprise 657,337,949 Ordinary Shares of 0.1 pence each. This figure may be used by shareholders as the denominator for calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

Hamish Harris, CEO of Richmond Hill, commented:The Board is delighted to have successfully raised funds at a premium to the prevailing share price on 27 January 2026. With gold trading above $5,000 per ounce at the time of this announcement and Richmond Hill is poised to commence drilling in the near term, we are excited about the significant momentum the Company has achieved in such a short period since listing. This fundraise positions us strongly to unlock value for shareholders as we advance our exploration programme.

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company’s ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information, please contact:

Richmond Hill Resources

Hamish Harris

Tel: +44 (0)787958 4153

Cairn Financial Advisers LLP (Nominated Adviser)

Ludovico Lazzaretti / James Western

Tel: +44 (0)20 7213 0880

Clear Capital Limited (Broker)

Bob Roberts

Tel: +44 (0) 20 3869 6080

Further information on the Company can be found on its website at www.richmondhillresources.com

Source

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Equity Metals Corporation (TSXV: EQTY,OTC:EQMEF) (‘Equity’ or the ‘Company’) reports that crews have mobilized in preparation for drilling on its 100% owned 18,871-hectare Silver Queen Property, northern British Columbia.

In this initial drilling program, sixteen-holes totaling 4,200 metres are planned to test parts of the existing resource model and will include twinning of several historical holes. Intercepts will be used to continue validation of the historical drill results, and mineralization from the new holes will be used for additional metallurgical test work on the No. 3 vein. This phase of the 2026 program is designed to further de-risk the project in preparation for economic assessment.

In addition to this first phase of the 2026 program, a larger exploration/development program is planned on the property, which will include:

  • Relogging and sampling of several historical drill holes from 2017-18;

  • Re-establishing underground access to the historical workings via the Earl Adit on the No. 3 Vein for lidar scanning and re-sampling purposes; and

  • Drilling on newly developed greenfields targets in the broader district generated in part through the Fall ’25 sampling program and earlier compilation.

The No. 3 Vein hosts the single largest resource currently identified on the Silver Queen property and with its southern extension, the NG-3 Vein, account for 65% of the currently modelled mineral resources on a AgEq basis. The NI43-101 Mineral Resource Estimate with effective date December 1st, 2022 is detailed in a News Release issued on Jan 16, 2023, which can be found by clicking here and the full Technical Report can be found on SEDAR+ and the Company’s website.

Figure 1: Plan of the Silver Queen project area showing proposed drill pads for Winter 2026 testing

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5566/281868_ffd636bc54f76b9a_001full.jpg

Arlington Property Update

The company also reports that final assays from 2025 drilling on the Arlington property have been received. Nine core holes totalling 3,407 metres were completed and tested three separate ‘hot-spot’ clusters of strongly anomalous Au-Ag-As values within the South Fresh Pots soil anomaly (Figure 2).

Drilling intersected several, shallowly dipping gold-enriched quartz veins within a granodioritic host rock

Assay highlights include:

  • A 1.6 metre interval averaging 3.9g/t Au, 0.29% Cu, (6.6g/t AuEq), from AR25-001;

  • A 7.0 metre interval averaging 1.2g/t Au, 0.03% Cu, (1.2g/t AuEq), from AR25-004; and

  • A 2.0 metre interval averaging 3.1g/t Au, 0.01% Cu, (3.1g/t AuEq), from AR25-005;

President Joe Kizis commented, ‘Drill results at South Fresh Pots indicated gold is closely associated with copper and a small granodiorite intrusion, potentially the distal part of a copper/gold-related intrusive system. The mineralization and IP chargeability (see figure and inset) suggest a vector towards a magnetic high beneath the North Fresh Pots target, which may be the source intrusion with thicker zones of mineralization surrounding the intrusion.’

Figure 2: 3-D rendering of the South Fresh Pots area showing potential vectoring to a conductivity high located beneath the north Fresh Pots target

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5566/281868_ffd636bc54f76b9a_002full.jpg

Work on the property in 2026 will include a Spring surface mapping and sampling program designed to upgrade new target areas for drilling, particularly the North Fresh Pots, Rona and Arlington target areas.

Earlier surface work on these targets includes a short Pack sack drill interval in the North Fresh Pots which returned a 0.7 metre interval of 2.2g/t Au, 11.34g/t Ag and0.35% Cu in magnetite skarn and surface chip sampling from the Arlington south area by previous management which returned 11.7g/t Au, 211g/t Ag and 3.22% Cu (see BC Assessment Report 41159).

Figure 3: 2026 drill hole distribution on the Arlington property

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5566/281868_ffd636bc54f76b9a_003full.jpg

Table 1: Select Composites from 2025 Drilling on the No. 3 North Target

Table 1: Select Composites from 2025 drilling on the Arlington property, BC

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5566/281868_ffd636bc54f76b9a_004full.jpg

Notes: drill core samples were analyzed by FA/AAS for gold and 48 element ICP-MS by MS Analytical, Langley, BC. Silver (>100ppm), copper, lead and zinc (>1%) overlimits assayed by ore grade ICP-ES analysis, High silver overlimits (>1000g/t Ag) and gold overlimits (>10g/t Au) re-assayed with FA-Grav. Silver >10,000g/t re-assayed by concentrate analysis, where a FA-Grav analysis is performed in triplicate and a weighed average reported. Downhole composites calculated using a 80g/t AgEq (1g/t AuEq) cut-off and <20% internal dilution, except where noted. Accuracy of results is tested through the systematic inclusion of QA/QC standards, blanks and duplicates into the sample stream. AuEq and AgEq were calculated using prices of $2,360/oz Au, $28.50/oz Ag, $4.25/lb Cu, $0.90/lb Pb and $1.20/lb Zn. AuEq and AgEq calculations utilized relative metallurgical recoveries of Au 70%, Ag 80%, Cu 80%, Pb 81% and Zn 90%.

Note that true thickness cannot be precisely calculated at this time, but is estimated between 70% and 80% of the down hole thickness

About Equity Metals Corporation

Equity Metals Corporation is a member of the Malaspina-Manex Group. The Company owns 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The Company also has a controlling JV interest (57.49%) in the Monument Diamond project, NWT, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. As well, the Company has an option to acquire a 100% interest in the Arlington Property, located within the Boundary District of south-central British Columbia where 2025 exploration work consisted of geophysics and diamond drilling designed to identify and delineate an apparent gold system.

Robert Macdonald, MSc. P.Geo, is VP Exploration of Equity Metals Corporation and a Qualified Person as defined by National Instrument 43-101. He is responsible for the supervision of the exploration on the Silver Queen project and for the preparation of the technical information in this disclosure. He has reviewed and approved this news release.

On behalf of the Board of Directors
‘Joseph Anthony Kizis, Jr.’

Joseph Anthony Kizis, Jr., P.Geo
President, Director, Equity Metals Corporation

For further information, visit the website at https://www.equitymetalscorporation.com; or contact us at 604.641.2759 or by email at corpdev@mnxltd.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. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Equity Metals Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281868

News Provided by TMX Newsfile via QuoteMedia

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Raptor Metals Ltd (ASX: RAP) (formerly Eastern Metals Limited (ASX: EMS)), advises that, following the General Meeting of Shareholders held on 7 November 2025 at which Shareholders approved the change of Company name from Eastern Metals Limited to Raptor Metals Ltd, the Australian Securities and Investment Commission has recorded the change.

For ASX purposes, the effective date for the Company name and ASX code change is 29 January 2026.

The Company will commence trading under its new name and ASX code (ASX: RAP) from the commencement of trading on 29 January 2026.

The Company’s new website is www.raptormetals.com.au

Managing Director, Brett Wallace said:

‘We are very pleased to launch our exploration activities under the new banner of Raptor Metals Ltd. We believe the name Raptor Metals better represents our future, with an invigorated Board and management group plus the diversification into Canadian copper exploration within our portfolio’.

This announcement has been authorised for release by the Board of Directors.

For further information, please contact:

Company
Raptor Metals
Brett Wallace
E. brett@raptormetals.com.au

Investor Relations
NWR Communications
Melissa Tempra
E. melissa@nwrcommunications.com.au

About Raptor Metals Ltd

Previously Eastern Metals Limited (ASX: EMS), Raptor Metals acquired Raptor Resources and is now focused on Canadian copper exploration with two projects in the historic Bathurst Mining Camp in New Brunswick. For further information regarding Raptor Metals and its portfolio of projects, please refer to the ASX announcement titled “Recompliance Prospectus” dated 10 October 2025 (released to ASX on 16 October 2025), or visit the Company’s website at www.raptormetals.com.au or ASX platform (ASX: RAP).

Forward-looking Statements

Any forward-looking statements in this document involve subjective judgment and are subject to uncertainties, risks, and contingencies outside the Company’s control. Actual events may vary materially. Recipients are cautioned not to place undue reliance on such statements. Raptor Metals disclaims liability for any loss arising from reliance on this information.

Competent Person Statement

The information in this announcement relating to the technical assessment of mineral assets, exploration results and mineral resources was reported in the ASX announcements released by the Company titled “Recompliance Prospectus” dated 10 October 2025 and “Pre-Reinstatement Disclosure” dated 7 January 2026. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original ASX announcements and that all material assumptions and technical parameters underpinning the original ASX announcements continue to apply and have not materially changed.

Source

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Unified Credit System Built by Nextech3D.ai Empowers Enterprise Clients to Spend Seamlessly Across Eventdex, Map D, and Krafty Labs

TORONTO, ON / ACCESS Newswire / January 27, 2026 / Nextech3D.ai (OTCQB:NEXCF)(CSE:NTAR,OTC:NEXCF)(FSE:1SS), the AI-first technology leader in AI event solutions and 3D modeling, today announced the launch of Nextech Credit. This universal enterprise credit system is a proprietary Nextech3D.ai innovation designed to power its entire ecosystem, including the Krafty Labs platform.

Nextech Credit serves as a single, dollar-denominated currency (1:1 with the USD) that allows enterprise companies to centralize their procurement. Once purchased, these credits can be spent interchangeably across all Nextech3D.ai business units, including Eventdex (registration/ticketing), Map D (spatial navigation), and Krafty Labs (virtual and in-person engagement).

The Nextech Credit Incentive Ladder: Driving Enterprise Scale

To incentivize long-term commitment and multi-platform adoption, Nextech3D.ai has launched the Credit Incentive Ladder. This tiered reward structure provides bonus credits and premium services to enterprise partners who consolidate their engagement spend within the Nextech ecosystem.

Tier

Investment

Universal Perks & AI-Driven Incentives

Tier 1: Starter

$25K-$50K

Standard 1:1 pricing; access to all Nextech AI platforms & reporting.

Tier 2: Growth

$75K-$150K

Bonus Credits; Priority scheduling; Quarterly strategic planning.

Tier 3: Enterprise

$250K+

Larger Bonus Credits; Dedicated Success Manager; Custom AI reporting.

‘Nextech Credit is the engine that will drive our 2026 expansion,’ said Evan Gappelberg, CEO of Nextech3D.ai. ‘By creating a Nextech-branded credit system that powers Krafty Labs and our other platforms, we are making it easier for global brands to buy from us. One PO now unlocks our entire AI-powered suite.’

A Unified Ecosystem: Krafty Credit Powered by Nextech

With the launch of this system, Krafty Labs is now fully integrated into the Nextech3D.ai financial infrastructure. This ‘Powered by Nextech’ approach ensures that engagement programs-from virtual team building to global in-person expansions-are all fueled by the same Nextech Credit currency.

Key Ecosystem Benefits:

  • Internal Portability: Credits can be transferred between HR, Marketing, and Operations departments within a single organization.

  • Centralized Efficiency: Single procurement approval for multiple engagement use cases with a 12-month usage window.

  • Dollar-Denominated: 1 Nextech Credit = $1 USD.

Nextech3D.ai believes this enterprise credit model encourages customers to consolidate event and engagement spend within a single AI-powered platform, increasing long-term customer value.

Competitive Advantage in Enterprise AI Event Solutions

Nextech3D.ai believes the Nextech Credit system provides a meaningful competitive advantage in the enterprise AI event and engagement market:

  • Increased Share of Wallet: Prepaid credits incentivize customers to deploy more engagement programs across the platform.

  • Higher Platform Stickiness: Annual credit balances encourage ongoing usage rather than one-time events.

  • Improved Revenue Visibility: Prepaid enterprise credits provide clearer forecasting and customer commitment.

  • Enterprise-Friendly Adoption: Familiar credit-based purchasing models reduce procurement friction while enabling future innovation.

By combining AI event software and enterprise credits, Nextech aims to position Krafty Labs as a long-term engagement operating layer rather than a transactional service provider.

Management Commentary

Evan Gappelberg, CEO of Nextech3D.ai, commented:

‘Nextech Credit is designed to help enterprise customers engage with our AI event platform more easily and at greater scale. By allowing organizations to pre-fund engagement and allocate credits across teams, we simplify procurement while increasing platform adoption.’

Nextech3D.ai has also renewed its share purchase warrant program, issuing 6,163,187 share purchase warrants (the ‘Warrants’) to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.14 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company’s commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company’s long-term success

About Nextech3D.ai

Nextech3D.ai (OTCQB:NEXCF)(CSE:NTAR,OTC:NEXCF)(FSE:1SS) is an AI-powered technology company specializing in AI event solutions, enterprise engagement platforms, 3D modeling, and spatial computing. Through its Eventdex, Map D, and Krafty Labs platforms, the Company provides registration, ticketing, interactive floor plans, engagement tools, and analytics for virtual, hybrid, and in-person events serving Fortune 500 enterprise customers worldwide.

Website: Nextech3D.ai

Investor Relations: investors@nextechar.com

Evan Gappelberg / CEO and Director866-ARITIZE (274-8493)

Forward-Looking Statements

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute ‘forward-looking information’ under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, ‘will be’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities law.

SOURCE: Nextech3D.ai Corp

View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

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TORONTO, ON / ACCESS Newswire / January 27, 2026 / Lahontan Gold Corp. (TSXV:LG,OTC:LGCXF)(OTCQB:LGCXF)(FSE:Y2F) (the ‘Company‘ or ‘Lahontan‘) is pleased to announce new assay results from our 2025 Phase Two drilling program at the Company’s flagship Santa Fe Mine Project located in Nevada’s prolific Walker Lane. Lahontan has received analytical results for two additional reverse-circulation rotary (‘RC’) drill holes in the south Slab pit area totaling 396 metres (please see table below). Significant results include:

  • CAL25-011R: 68.6 metres (45.7 – 114.3m) grading 0.45 g/t Au Eq including 16.8 metres (65.5 – 82.3m) grading 0.81 g/t Au Eq: A shallow, thick, intercept of oxide gold mineralization below the current mineral resource pit shell*, expanding the footprint of oxide gold mineralization, especially when coupled with the results from CAL25-012R (please see plan map of drilling and cross section below).

    • When the entire drill hole is composited without regard to cutoff grade, it averages 0.23 g/t Au Eq over 213.4 metres (0.21 g/t Au, 1.4 g/t Ag).

  • CAL25-012R: 41.2 metres (32.0 – 73.2m) grading 0.32 g/t Au Eq correlating with the structurally controlled gold mineralization seen in hole CAL25-011R (above) and extending shallow oxide gold mineralization to the southwest and below of the Mineral Resource Estimate (‘MRE’) pit shell*.

Notes: Au Eq equals Au (g/t) + ((Ag g/t/60)*0.70). Silver grade for calculating Au Eq is adjusted to consider historic metallurgical recovery as described in the Santa Fe Project Technical Report*. True thickness of the intercepts is estimated to be 80-100% of the drilled interval. Numbers may not total precisely due to rounding.

Kimberly Ann, Lahontan Executive Chair, President, CEO, and Founder commented: ‘The assay results from the final two 2025 RC drill holes at Slab continue to extend gold mineralization to the south, west, and at depth from the current MRE pit shell*, enhancing the potential mining economics of the Slab gold and silver resource. Lahontan will integrate these new drill holes into an updated MRE for Slab as well as the entire Santa Fe project. The MRE is expected to be completed in the coming months. With a new MRE, combined with updated metallurgy and escalating metal prices, the Company will also complete an updated Preliminary Economic Assessment (‘PEA’) as well. More 2025 drill results will be forthcoming as the analytical lab catches up on a busy 2025 exploration season.’

CAL25-011R and -012R are particularly important as they establish large volumes of gold and silver mineralization below and adjacent to the conceptual pit shell used in the current MRE. When modeled using updated metal prices and this additional drilling, these drill holes have the potential to significantly expand the Slab area MRE and contribute to a positive update to the current PEA. Of equal importance, these new pit shells will be used in our Nevada State and Federal mine permit applications, to be submitted later this year.

Cross section through RC drill hole CAL25-011R, Slab gold deposit, Santa Fe Mine project, NV. The current conceptual MRE pit shell is shown in black, an example of a potential new pit outline is shown in red. Deeper gold mineralization in CAL25-011R associated with the Calvada Fault zone is unconstrained by drilling.

These two RC drill holes also confirm the strong structural control of gold mineralization in this portion of the Slab deposit and emphasize the importance of the east-west striking Calvada fault as a major control of gold mineralization on a district scale. The extensive gold mineralization seen in CAL25-011R demonstrates the strength of the hydrothermal system with large volumes of disseminated gold mineralization adjacent to the controlling fault structures. With the Company’s recently approved Exploration Plan of Operations (‘EPOO’), Lahontan can now explore the Calvada Fault between the Slab deposit and the main Santa Fe deposit, an area that has seen virtually no exploration drilling over the last 35 years.

In the plan view map of the south Slab pit area below, the key intercepts in drill holes CAL25-011R and -012R can be seen to extend into areas west of the current MRE conceptual pit shell. Previously reported RC drill hole CAL25-010R, a vertical hole, also intercepted significant gold mineralization (please see Lahontan Gold press release dated January 13, 2026). Similar to the cross section above, the plan map highlights the potential to increase gold and silver resources in the Slab pit area of the Santa Fe Mine project.

Drill location map and plan view of the south Slab pit area, Santa Fe Mine project, NV. The current Slab pit outline is shown in black, the conceptual MRE pit shell is shown in dashed orange, and an example of a potential new pit outline is shown in red.

QA/QC Protocols

Lahontan conducts an industry standard QA/QC program for its core and RC drilling programs. The QA/QC program consisted of the insertion of coarse blanks and Certified Reference Materials (CRM) into the sample stream at random intervals. The targeted rate of insertion was one QA/QC sample for every 16 to 20 samples. Coarse blanks were inserted at a rate of one coarse blank for every 65 samples or approximately 1.5% of the total samples. CRM’s were inserted at a rate of one CRM for every 20 samples or approximately 5% of the total samples.

The standards utilized include three gold CRM’s and one blank CRM that were purchased from MEG, LLC of Lamoille, Nevada (formerly Shea Clark Smith Laboratories of Reno, Nevada). Expected gold values are 0.188 g/t, 1.107 g/t, 10.188 g/t, and -0.005 g/t, respectively. CRM’s with similar grades are inserted as the initial CRM’s run out. The coarse blank material comprised of commercially available landscape gravel with an expected gold value of -0.005 g/t.

As part of the RC drilling QA/QC process, duplicate samples were collected of every 20th sample interval at the drill rig to evaluate sampling methodology. Samples were collected from the reject splitter on the drill rig cyclone splitter. Samples were collected at each 95- to 100-foot (28.96 – 30.48m) mark and labeled with a ‘D’ suffix on the sample bag. No duplicates were submitted for core.

All drill samples were sent to American Assay Laboratories (AAL) in Sparks, Nevada, USA for analyses. Delivery to the lab was either by a Lahontan Gold employee or by an AAL driver. Analyses for all RC and core samples consisted of Au analysis using 30-gram fire assay with ICP finish, along with a 36-element geochemistry analysis performed on each sample utilizing two acid digestion ICP-AES method. Tellurium or 50-element analyses were performed on select drill holes utilizing ICP-MS method. Cyanide leach analyses, using a tumble time of 2 hours and analyzed with ICP-AES method, were performed on select drill holes for Au and Ag recovery. AAL inserts their own blanks, standards and conducts duplicate analyses to ensure proper sample preparation and equipment calibration. We have all results reported in grams per tonne (g/t).

About Lahontan Gold Corp.

Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan’s flagship property, the 28.3 km2 Santa Fe Mine project, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq(48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report and note below*). The Company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025. For more information, please visit our website: www.lahontangoldcorp.com

* Please see the ‘Preliminary Economic Assessment, NI 43-101 Technical Report, Santa Fe Project’, Authors: Kenji Umeno, P. Eng., Thomas Dyer, PE, Kyle Murphy, PE, Trevor Rabb, P. Geo, Darcy Baker, PhD, P. Geo., and John M. Young, SME-RM; Effective Date: December 10, 2024, Report Date: January 24, 2025. The Technical Report is available on the Company’s website and SEDAR+. Mineral resources are reported using a cut-off grade of 0.15 g/t AuEq for oxide resources and 0.60 g/t AuEq for non-oxide resources. AuEq for the purpose of cut-off grade and reporting the Mineral Resources is based on the following assumptions gold price of US$1,950/oz gold, silver price of US$23.50/oz silver, and oxide gold recoveries ranging from 28% to 79%, oxide silver recoveries ranging from 8% to 30%, and non-oxide gold and silver recoveries of 71%.

Qualified Person

Brian J. Maher, M.Sc., CPG-12342, is a ‘Qualified Person’ as defined under Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approved the content of this news release in respect of all technical disclosure other than the Mineral Resource Estimate as noted above.‎ Mr. Maher is Vice President-Exploration for Lahontan Gold and has verified the data disclosed in this news release, including the sampling, ‎‎analytical and test data underlying the disclosure.

On behalf of the Board of Directors

Kimberly Ann
Founder, CEO, President, and Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Lahontan Gold Corp.
Kimberly Ann
Founder, Chief Executive Officer, President, Director
Phone: 1-530-414-4400
Email: Kimberly.ann@lahontangoldcorp.com
Website: www.lahontangoldcorp.com

Cautionary Note Regarding Forward-Looking Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Except for statements of historical fact, 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’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which filings are available at www.sedar.com

SOURCE: Lahontan Gold Corp

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Highlights from this release include:

  • Drilling has significantly expanded the known mineralized footprint of magmatic sulphide mineralization associated with the basal portions of the Saturday Night intrusion.
  • The newly identified PGE-Ni-Cu mineralized envelope, measuring approximately 800m by 200m, remains open in all directions.
  • SN-25-03-X (extension) intersected 14.44m of 0.61 g/t 3E PGE (3E PGE = Pt + Pd + Au) & 0.13% Cu, including 4.64m of 1.24 g/t 3E PGE & 0.21% Cu, and including 0.60m of 2.45 g/t 3E PGE & 0.30% Cu.
  • SN-25-04 intersected 10.33m of 0.38 g/t 3E PGE & 0.17% Cu, including 6.39m of 0.45 g/t 3E PGE & 0.18% Cu, and including 0.62m of 0.99 g/t 3E PGE & 0.34% Cu.
  • SN-25-05 intersected 10.75m of 0.76 g/t 3E PGE & 0.18% Cu, including 5.05m of 1.40 g/t 3E PGE & 0.31% Cu, and including 1.03m of 1.98 g/t 3E PGE & 0.29% Cu.

Transition Metals Corp. (TSXV: XTM,OTC:TNTMF) (‘Transition’, ‘the Company’), is pleased to disclose assay results from drilling completed in December 2025 at its 100%-owned Saturday Night PGE Project, located approximately 30 kilometres north of Thunder Bay, Ontario (see news release dated November 10, 2025). The program saw the extension of hole SN-25-03-X beyond the basal contact, plus the addition of two new holes (SN-25-04 and SN-25-05), totaling a combined 1,463 metres. All holes intersected broad intervals of PGE-Ni-Cu mineralization occurring along the basal contact of the Saturday Night layered intrusion.

Commenting on the results, CEO Scott McLean stated, ‘We are very encouraged by the thick sequences of differentiated Mid-Continental Rift (MCR) intrusion we have drilled at Saturday Night, with the growing footprint of the mineralizing system we are defining. We see similarities to the proximal phases to the higher-grade sequences we previously encountered at our nearby Sunday Lake discovery, where historic drilling in 2019 returned values including 41.20m of 5.51 g/t 3E PGE and 0.57% Cu, including a higher-grade interval of 8.30m of 13.06 g/t 3E PGE and 1.23% Cu in hole SL-19-26. These results reinforce our interpretation that Saturday Night represents a large, fertile magmatic system and further supports its potential to host higher-grade mineralization similar to that identified at Sunday Lake.’

Discussion of Drill Results

Drilling to date has significantly expanded the known footprint of mineralization associated with a large, layered MCR intrusive, hosting PGE-Cu-Ni mineralization along basal contacts. Select highlight assay intervals from recent drilling are contained in Table 1, with Table 2 containing drill collar information. A Property location map in Figures 1 and a North-South drill hole section depicted in Figure 2.

Drill hole SN-25-03 was designed in an earlier exploration program in 2025 as a larger down-dip step-out, however was terminated at a depth of 830-metres, before being able to reach the ultramafic series and basal contact, where mineralization was anticipated (see news release dated March 26, 2025). This hole, after extension to a depth of 942 metres (drill hole extension; SN-25-03-X), and intersected a broad PGE mineralized sequence occurring along the basal contact.

Table 1: Highlight results from hole SN-25-03-X, SN-25-04, and SN-25-05.

Drill Hole ID From To Length Pt Pd Au Cu Ni 3E PGE* CuEq*
units (m) (m) (m) (ppm) (ppm) (ppm) (wt. %) (wt. %) (ppm) (wt. %)
SN-25-03-X 887.74 902.18 14.44 0.33 0.21 0.07 0.13 0.06 0.61 0.49
including 892.26 901.13 8.87 0.48 0.31 0.10 0.17 0.07 0.89 0.71
including 896.49 901.13 4.64 0.67 0.45 0.12 0.21 0.07 1.24 0.97
including 900.00 900.60 0.60 1.34 0.89 0.21 0.30 0.13 2.45 1.91
SN-25-04 617.16 627.49 10.33 0.17 0.10 0.11 0.17 0.06 0.38 0.41
including 621.10 627.49 6.39 0.22 0.14 0.09 0.18 0.05 0.45 0.51
including 622.52 623.14 0.62 0.50 0.28 0.21 0.34 0.15 0.99 1.12
SN-25-05 578.56 589.31 10.75 0.42 0.23 0.11 0.18 0.06 0.76 0.89
including 582.20 587.25 5.05 0.77 0.44 0.19 0.31 0.10 1.40 1.62
including 584.00 585.03 1.03 1.13 0.65 0.20 0.29 0.13 1.98 2.34

 

*Note: 3E PGE = (Pt + Pd + Au), Copper equivalent (CuEq) values are based on assumed SPOT metal prices as of Jan 19th, 2026, using US$5.9088/lb Cu, US$8.2282/lb Ni, US$4,678.29/oz Au, US$2,380.50/oz Pt and US$1,886.50/oz Pd. No current or historical metallurgical work, nor economic analysis, has been completed, and therefore recoveries are assumed to be 100%, with 100% payable metals. The use of CuEq values are conceptual in nature, and are intended for exploration comparison purposes only, and do not represent an economic analysis. Lengths reported represent core length, insufficient work has been completed to determine true widths.

The two additional in-fill drill holes, SN-25-04 and SN-25-05, were designed to test mineralization continuity along the basal contact between SN-25-03-X and the existing up-dip holes SN-16-01 and SN-25-02. Geological units encountered correlate well, and mineralization along the basal contact is consistent and interpreted to be continuous between holes.

In total, the Company has now completed five drill holes (inclusive of the extension hole describe above) for a total of 3,481 metres at Saturday Night. All holes have intersected a thick, layered intrusion containing extensive intervals of magmatic sulphides enriched in platinum, palladium, gold, copper, and nickel, with mineralization intensifying toward the basal contact. Combined, this new drilling expands the known mineralized footprint, now measuring approximately 800 metres by 200 metres and remains open in all directions.

Figure 1: Saturday Night PGE Property location map on regional total field magnetics. The Sars depict known magnetic features associated with MCR mineralized intrusions.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2766/281788_25ad87f804434aae_001full.jpg

Table 2: Drill hole collar information.

Drill Hole ID Easting Northing Azimuth Dip Length
units (mE) (mN) (º) (º) (m)
SN-25-03-X* 319,741 5,390,080 201° -70° 942
SN-25-04 319,746 5,390,088 35° -85° 674
SN-25-05 319,746 5,390,090 340° -70° 677

 
*Notes: Coordinates are in UTM NAD83, Zone 16N, in metres. Drill hole SN-25-03-X is an extension of hole SN-25-03, which previously terminated at a death of 830m. Dip is reported as negative below horizontal. Lengths reported are in metres, and represent core length, insufficient work has been completed to determine true widths.

Figure 2: Saturday Night Project North-South cross-section, looking west, including interpreted geology and mineralization intersected with a 200m influence.

*Note: 3E PGE = (Pt + Pd + Au), Coordinates are in UTM NAD83, Zone 16N, in metresLengths reported are in metres, and represent core length, insufficient work has been completed to determine true widths.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2766/281788_25ad87f804434aae_002full.jpg

Next Steps

The Company is actively expanding its understanding of the Saturday Night PGE-rich intrusion and is undertaking various studies and 3D modeling activities, including physical rock-property analysis, to better constrain geophysical inversion models. In the coming months, the Company is planning additional geophysical surveys and 3D modeling to enhance drill targeting.

About the Saturday Night Project

The Saturday Night Project, wholly owned by Transition Metals, comprises 63 staked mining claims situated in Fowler Township, located approximately 30 kilometres northwest of Thunder Bay, Ontario, within the Robinson Superior Treaty area. The project has year-round road access to a main highway and is close to infrastructure. The exploration work to date has confirmed that a magnetic anomaly found on the Property is linked to an underlying mafic-ultramafic intrusion (SNI), which is interpreted to have originated during the Proterozoic era and is associated with the renowned Midcontinental Rift (MCR).

The MCR is a geological feature that extends over 2,000 kilometres across the heart of North America. It formed around 1.1 billion years ago as the North American craton began to rift. Notably, the early stages of this rift (referred to as ‘early-rift’) are associated with the presence of mafic to ultramafic intrusive rocks that contain significant quantities of platinum group elements (PGEs). Nearby MCR related deposits include the Thunder Bay North and Sunday Lake deposit. The Sunday Lake deposit was discovered by Transition in partnership with Impala Platinum in 2013. Other rift related Ni-Cu and PGE-bearing systems include the Eagle deposit located in Michigan, and the Tamarack and Duluth deposits located in Minnesota. The Saturday Night Project is currently in the early exploration phase, with ongoing assessments aimed at determining the potential of the Property to host PGE mineralization of interest. The Property is subject to an underlying 1.0% Net Smelter Return royalty (see company press releases dated September 8, 2020).

2026 AME Roundup Conference

Company personnel, including CEO Scott McLean, COO Greg Collins, and Corporate Development Manager Bill Stormont will be exhibiting in person at the AME Roundup 2026 in Vancouver on Wednesday, January 28th and Thursday, January 29th in AME’s Project Generators’ Hub. Inquiries to arrange meetings can be directed to Bill Stormont by e-mail (bstormont@transitionmetalscorp.com), or by telephone (+1 (778) 868-9571).

Qualified Person

The technical elements of this news release have been approved by Mr. Benjamin Williams, P.Geo. (PGO), Exploration Manager of Transition Metals Corp., and a Qualified Person under National Instrument 43-101.

About Transition Metals Corp.

Transition Metals Corp. (TSXV: XTM,OTC:TNTMF) is a Canadian-based, multi-commodity explorer. Its award-winning team of geoscientists has extensive exploration experience which actively develops and tests new ideas for discovering mineralization in places that others have not looked, often allowing the company to acquire properties inexpensively. Joint venture partners earn an interest in the projects by funding a portion of higher-risk drilling and exploration, allowing Transition to conserve capital and minimize shareholder’s equity dilution.

Further information is available at www.transitionmetalscorp.com or by contacting:

Scott McLean
President and CEO
Transition Metals Corp.
Tel: (705) 667-6178

Cautionary Note on Forward-Looking Information

Except for statements of historical fact contained herein, the information in this news release constitutes ‘forward-looking information’ within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as ‘plans’, ‘proposes’, ‘estimates’, ‘intends’, ‘expects’, ‘believes’, ‘may’, ‘will’ and include without limitation, statements regarding estimated capital and operating costs, expected production timeline, benefits of updated development plans, foreign exchange assumptions and regulatory approvals. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281788

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Kobo Resources Inc. (‘ Kobo ‘ or the ‘ Company ‘) ( TSX.V: KRI ) intends to complete a non-brokered private placement of 958,306 common shares (the ‘ Common Shares ‘) at a price of $0.30 per Common Share for gross proceeds of $287,491.80 (the ‘ Offering ‘). The Common Shares will be issued pursuant to exemptions from the prospectus requirements in accordance with National Instrument 45-106 Prospectus Exemptions and will be subject to a 4-month statutory hold period in accordance with applicable Canadian securities laws.

The Company intends to use the net proceeds of the Offering for general corporate and working capital purposes.

Closing of the Offering is expected to occur on or about February 3, 2026 (the ‘ Closing ‘), and is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

The Common Shares have not been registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the ‘United States’ or ‘U.S. persons’ (as such terms are defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or compliance with an exemption from such registration requirements. This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction.

About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling gold discovery in Côte d’Ivoire, one of West Africa’s most prolific gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

With over 29,000 metres of diamond drilling, nearly 5,887 metres of reverse circulation (RC) drilling, and 7,100+ metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement on Forward-looking Information:

This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements, including statements related to the Offering or to the exploration program of the Company. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable as at the date of this news release, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inherent risks involved win the exploration and development of mineral properties; unanticipated costs and expenses; the delay or failure to receive board, shareholder or regulatory approvals; and other risk factors listed from time to time in our documents filed with Canadian securities regulators on SEDAR+ at www.sedarplus.ca . There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260127728466/en/

For further information, please contact:

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc.

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Newly granted patent represents a foundational innovation, engineered to deliver high-yield, low-cost, and ultra-pure synthetic fuels, including eSAF

Syntholene Energy Corp. (TSXV: ESAF) (FSE: 3DD0) (‘Syntholene’ or the ‘Company’) announces the issuance of its first U.S. Patent granted by the United States Patent and Trademark Office (the ‘USPTO’) for the Company’s proprietary system for producing high-performance, low-cost, and carbon-neutral synthetic fuels.

This patent, No. US 12,441,674 B2, protects critical intellectual property underlying the Company’s novel Compact Cascade Oligomerizer, engineered for high efficiency fuel synthesis performance using the Methanol-to-Jet process. The design is a unitary vessel with multiple chambers incorporated into a single column, as opposed to current proposed systems that use multiple separate and single purpose reactors to produce saturated linear hydrocarbon chains via methanol synthesis, oligomerisation and hydrogenation in sequence.

The newly granted patent, titled ‘SYSTEM AND METHOD FOR GENERATING SYNTHETIC FUEL,’ secures Syntholene’s rights to a fuel generator and a method for generating fuel in which a Monolithic Block includes a plurality of plates stacked and bonded together. This represents a foundational innovation for delivering high-yield, low-cost, and ultra-pure synthetic fuels, including sustainable aviation fuel (eSAF).

This patent represents a major milestone for Syntholene as we continue to de-risk and protect our next-generation platform for industrial-scale synthetic fuel production,’ said Dan Sutton, CEO of Syntholene. ‘It reinforces our leadership in proprietary, high-efficiency process design, and strengthens our commercial moat as we continue to refine our process components and enhance the efficiency of our integrated supply chain.’

We are proud that the USPTO has recognized this novel approach to high level integration of discrete systems into an efficient unitary solution.’ Said Syntholene Chief Engineer John Kutsch. ‘This patent represents Syntholene’s unique process intensification approach to high-efficiency systems integration.’

This intellectual property covers core reactor architecture and process integration within the Company’s integrated fuel synthesis systems. It describes a key technology designed to maximize fuel yield and product purity from syngas inputs while minimizing unwanted byproducts typical in legacy fuel synthesis reactor systems, and employs the physical proximity of exothermic and endothermic reactions within the same unit to maximize heat integration and utilization.

Syntholene continues to pursue patent protection across North America, Europe, and Asia to secure its differentiated IP position ahead of commercial-scale deployments.

About Syntholene

Syntholene is actively commercializing a new production pathway for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, manufactured at 70% lower cost than the nearest competing technology. The Company’s mission is to deliver the world’s first truly high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale.

Founded by experienced operators across advanced energy infrastructure, nuclear technology, low-emissions steel refining, process engineering, and capital markets, Syntholene aims to be the first team to deliver a scalable modular production platform for cost-competitive synthetic fuel, thus accelerating the commercialization of carbon-neutral efuels across global markets.

For further information, please contact:
Dan Sutton, CEO
comms@syntholene.com
www.syntholene.com
+1 608-305-4835

Investor Relations
KIN Communications Inc.
604-684-6730
ESAF@kincommunications.com

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

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words ‘expect’, ‘anticipate’, ‘aims’, ‘continue’, ‘estimate’, ‘objective’, ‘may’, ‘will’, ‘project’, ‘should’, ‘believe’, ‘plans’, ‘intends’ and similar expressions are intended to identify forward-looking information or statements. All statements, other than statements of historical fact, including but not limited to statements regarding the patented technology and its intended benefits, the protections afforded by the patent, jurisdictions of patent protection, the commercial benefits of the Company’s intellectual property and patent, the Company’s business plans, commercial scalability, technical and economic viability, anticipated geothermal power availability, and future commercial opportunities, are forward-looking statements.

The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

Actual results could differ materially from those currently anticipated due to a number of factors and risks, including, without limitation, Syntholene’s ability to meet production targets, realize projected economic benefits, overcome technical challenges, secure financing, maintain regulatory compliance, manage geopolitical risks, and successfully negotiate definitive terms. Syntholene does not undertake any obligation to update or revise these forward-looking statements, except as required by applicable securities laws.

Readers are advised to exercise caution and not to place undue reliance on these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281718

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