CA Market News
2週前
Iconic Retains Media and Marketing ConsultantJune 1, 2026 10:51 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 1, 2026) - Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: ICMFF) (FSE: YQG) is pleased to announce the Company has retained Overdrive Agency ("Overdrive") to provide creative and effective media and marketing services (the "Consulting Agreement") the services include customized brand awareness and media campaigns where the Company will receive significant exposure through various networks, including social media where the Company can communicate to its shareholders investors and other stakeholders for the purpose of increasing awareness of the Company and its activities. The Consulting Agreement is on a month to month basis, where Overdrive will receive a monthly fee of C$7,000 plus applicable taxes from the Company for its services.The following is a brief summary on the New Pass Gold Property:The New Pass Gold Project, located in Central Nevada, approximately 27 miles west of Austin with an NI 43-101 Technical Report dated December 2, 2020 (NI 43-101 Non-Compliant) contains an Inferred Mineral Resource of 15,515,488 short tons (14,075,414 metric tons) at 0.022 ounce per ton (0.75 grams/metric ton) gold equivalent or 341,750 ounces of gold equivalent comprised of 282,986 ounces of gold at an average grade of 0.018 ounces per ton (0.62 grams/metric ton) and 3,139,054 short tons (2,847,702 metric tons) of silver at an average grade of 0.202 ounces per ton (6.92 grams/metric ton).Richard Kern, Certified Professional Geologist (#11494) and CEO of Iconic is the Qualified Person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards. On behalf of the Board of DirectorsSIGNED: "Richard Barnett"Richard Barnett, CFO
Contact: (604) 336-8614For further information on ICM, please visit our website at www.iconicminerals.com. The Company's public documents may be accessed at www.sedarplus.comForward Statement: This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Iconic expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.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/299776 Original: Iconic Retains Media and Marketing Consultant
CA Market News
3週前
Iconic Minerals Initiates Drilling at New Pass Gold Property, NevadaMay 21, 2026 11:44 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: ICMFF) (FSE: YQG) (the "Company" or "Iconic") announces that drilling is now underway at its New Pass Gold Property ("New Pass" or the "Property") in Churchill County, Nevada. American Drilling Corporation of Spokane, Washington, has commenced HQ core drilling at the Property, marking a significant advancement in the Company's exploration and resource expansion strategy.The 2,140-hectare New Pass Property is located along a highly prospective Carlin-type gold trend approximately 150 miles (240 km) east of Reno, Nevada, one of the world's premier mining jurisdictions. The current drill program is designed to test extensions of a mineralized zone that has already been defined over more than 3,000 feet (915 metres) of strike length and remains open along strike and at depth.New Pass is being explored under a joint venture agreement with McEwen Mining Inc. (TSX: MUX) (NYSE: MUX), with Iconic serving as operator of the exploration program. The Company believes the current drill campaign has the potential to significantly expand the known mineralized system and further enhance the value of the existing inferred resource.Iconic Minerals' President and CEO, Richard Kern stated; "We are excited to have drilling underway at New Pass as we target extensions of the mineralized zone. Core recovery has been excellent, and the drilling is helping define the structure and alteration associated with the system. We have already identified a decalcified and silicified limonite-stained section that we believe represents the mineralized zone. Importantly, the geological characteristics intercepted to date appear analogous to Carlin-type mineralized structures found elsewhere in Nevada. We believe New Pass has the potential to become a significantly larger mineralized system and create additional value for shareholders."New Pass Drilling Exploration SummaryRoad and drill pad construction has been completed for nine drill sites, with additional sites in progress.Drill holes are designed to intersect the southwest-dipping mineralized zone, interpreted to be up to 250 feet (76 metres) thick.Gold-silver mineralization occurs primarily near the contact between rhyolite tuff and limestone and extends into the limestone host rocks.Alteration includes strong silicification and jasperoid development within decalcified limestone, features commonly associated with Carlin-type gold systems.Drill core will be processed in Reno, Nevada before shipment to ALS Limited laboratories for fire assay analysis.The current program is intended to improve geological understanding of the system while testing for potential expansion of the existing inferred resource.About the New Pass Gold PropertyThe New Pass Gold Property is located within Nevada's Basin and Range Province along the highly prospective Sulfur-Lovelock-Austin structural gold trend, a region recognized for hosting Carlin-type gold systems.The Property was initially explored in 1980, when a stream sediment arsenic anomaly led to the discovery of a gold-bearing jasperoid system. Since that time, more than 131,000 feet (40,000 metres) of drilling across 329 drill holes have identified significant intervals of Carlin-type gold-silver mineralization, leading to the delineation of the New Pass Au-Ag deposit.The New Pass Au-Ag deposit represents a classic Carlin-type system, with mineralization hosted primarily within silicified rocks and jasperoid developed in decalcified limestone of the Triassic Lower Augusta Mountain Formation. A major north-northwest to south-southeast trending, west-dipping structure separates Triassic calcareous rocks from younger Tertiary volcanic rocks and acted as a major conduit for hydrothermal circulation, alteration, and gold-silver deposition.The deposit outcrops at surface and has been drilled along approximately 3,000 feet (915 m) of strike length, with the deepest pierce point reaching a vertical depth of approximately 295 metres. The shallowly west-dipping tabular deposit remains open along strike in both directions and at depth, providing significant exploration upside.Inferred Resource SummaryTotal Short Tons: 15,515,488Average Grade AuEq: 0.022 oz/tonContained AuEq Ounces: 341,750Average Silver Grade: 0.202 oz/tonContained Silver Ounces: 3,139,054Average Gold Grade: 0.018 oz/tonContained Gold Ounces: 282,98The New Pass deposit hosts a significant inferred mineral resource, demonstrating the established scale and continuity of the system. Historical NI 43-101 reporting outlines an inferred resource containing both gold and silver mineralization within a near-surface, oxide-dominant system. This existing inferred resource provides shareholders with an established technical foundation from which the Company believes meaningful resource expansion potential exists through continued drilling and systematic exploration.Qualified Person
Richard Kern, Certified Professional Geologist, a qualified person as defined by NI 43-101, has reviewed and approved the technical information contained in this news release. Mr. Kern is not independent of the Company as he is the Chief Executive Officer of Iconic.About Iconic Minerals Ltd.
Iconic Minerals Ltd. is a Nevada-focused gold exploration company advancing high-potential assets in proven mining jurisdictions. The Company's flagship New Pass Gold Property hosts a defined resource with significant expansion potential. Iconic is committed to disciplined exploration, technical advancement, and unlocking long-term shareholder value through systematic project development.On behalf of the Board of Directors
"Richard Kern"
Richard Kern, President and CEOContact:
Keturah Nathe, VP Corporate Development
+1-604-336-8614For further information, please visit www.iconicminerals.com or contact the number above.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements with respect to future operations on the Property, the completion of the Exploration Program, results of the Joint Venture, and the future business plans and exploration activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "will", "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals, and the future development of the Property in a timely manner.Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, including on the Property, requirements for additional capital, future prices of lithium and gold, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics, including the impact of such epidemics or pandemics on the business, financial condition and exploration and development activities of the Company, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including acceptance of the TSX Venture Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's latest Management's Discussion and Analysis and filed with the Canadian Securities Authorities. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials.Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298400 Original: Iconic Minerals Initiates Drilling at New Pass Gold Property, Nevada
CA Market News
1月前
Iconic Initiates First Phase of Exploration Program at New Pass Gold Property, NevadaMay 8, 2026 7:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 8, 2026) - Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: ICMFF) (FSE: YQG) (the "Company" or "Iconic") announces that the preparations for a major drilling program are complete at the New Pass gold property ("New Pass" or the "Property") in Churchill County, Nevada and that American Drilling Corporation of Spokane, Washington, which has been contracted to provide HQ core drilling at New Pass has mobilized its drilling equipment to the Property and is expected to arrive within the next seven days. New Pass is being explored under a joint venture agreement with McEwen Mining Inc. (TSX: MUX) with Iconic as the operator. The exploration program will test extensions of the current resource and geophysical anomalies identified in a recent survey. The 2,140-hectare property is located along a prospective Carlin-type gold trend approximately 150 miles (240 km) east of Reno.Iconic Minerals' President and CEO, Richard Kern stated; "We are pleased to commence the phase one drilling program at New Pass, where we are utilizing highly experienced, heavy equipment contractors to drill an extensive core hole drill program which will produce better material for additional metallurgical testing than RC drilling would. Drilling will take place 24 hours a day and will be completed in three months. Our focus is to expand the known mineralization and demonstrate the potential for a materially larger resource. We believe this work can significantly enhance project value for both partners and our shareholders."New Pass Drilling Exploration Summary20+ holes ranging from 200 to 600 feet will be drilled at 45-degrees, perpendicular to the? gold/silver mineralized bedding Drilling to test the up-dip extensions of a mineralized zone that is 3,000 feet (914 m) long and open endedAdditional holes will both, fill gaps in existing data for future resource models and provide metallurgical test material from various depths of the deposit. Extensions of mineralization to the north and south will be tested in another phase of drilling including geophysical targets [to identify new targets or previously identified targets?]The core will be securely transported to Reno, Nevada for logging and core cutting and then sent to ALS in Reno for fire assay as 10 foot (3.05 m) samplesAbout the New Pass Gold PropertyThe New Pass Gold Property is located within Nevada's Basin and Range Province along the highly prospective Sulfur-Lovelock-Austin structural gold trend, a region recognized for hosting Carlin-type gold systems.The Property was initially explored in 1980, when a stream sediment arsenic anomaly led to the discovery of a gold-bearing jasperoid system. Since that time, more than 40,000 metres of drilling across 329 drill holes have identified significant intervals of Carlin-type gold-silver mineralization, leading to the delineation of the New Pass Au-Ag deposit.The New Pass Au-Ag deposit represents a classic Carlin-type system, with mineralization hosted primarily within silicified rocks and jasperoid developed in decalcified limestone of the Triassic Lower Augusta Mountain Formation. A major north-northwest to south-southeast trending, west-dipping structure separates Triassic calcareous rocks from younger Tertiary volcanic rocks and acted as a major conduit for hydrothermal circulation, alteration, and gold-silver deposition.The deposit outcrops at surface and has been drilled along approximately 1.25 kilometres of strike length, with the deepest pierce point reaching a vertical depth of approximately 295 metres. The shallowly west-dipping tabular deposit remains open along strike in both directions and at depth, providing significant exploration upside.Inferred Resource SummaryTotal Short Tons: 15,515,488Average Grade AuEq: 0.022 oz/tonContained AuEq Ounces: 341,750Average Silver Grade: 0.202 oz/tonContained Silver Ounces: 3,139,054Average Gold Grade: 0.018 oz/tonContained Gold Ounces: 282,98The New Pass deposit hosts a significant inferred mineral resource, demonstrating the established scale and continuity of the system. Historical NI 43-101 reporting outlines an inferred resource containing both gold and silver mineralization within a near-surface, oxide-dominant system. This existing resource provides a strong technical foundation for future expansion, with mineralization remaining open along strike and at depth. The combination of a defined resource and multiple untested targets supports the potential for meaningful resource growth through continued exploration.Qualified Person
Richard Kern, Certified Professional Geologist, a qualified person as defined by NI 43-101, has reviewed and approved the technical information contained in this news release. Mr. Kern is not independent of the Company as he is the Chief Executive Officer of Iconic.About Iconic Minerals Ltd.
Iconic Minerals Ltd. is a Nevada-focused gold exploration company advancing high-potential assets in proven mining jurisdictions. The Company's flagship New Pass Gold Property hosts a defined resource with significant expansion potential. Iconic is committed to disciplined exploration, technical advancement, and unlocking long-term shareholder value through systematic project development.On behalf of the Board of Directors
"Richard Kern"
Richard Kern, President and CEOContact:
Keturah Nathe, VP Corporate Development
+1-604-336-8614For further information, please visit www.iconicminerals.com or contact the number above.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements with respect to future operations on the Property, the completion of the Exploration Program, results of the Joint Venture, and the future business plans and exploration activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "will", "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals, and the future development of the Property in a timely manner.Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, including on the Property, requirements for additional capital, future prices of lithium and gold, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics, including the impact of such epidemics or pandemics on the business, financial condition and exploration and development activities of the Company, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including acceptance of the TSX Venture Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's latest Management's Discussion and Analysis and filed with the Canadian Securities Authorities. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials.Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296624 Original: Iconic Initiates First Phase of Exploration Program at New Pass Gold Property, Nevada
CA Market News
2月前
Iconic Minerals Executes Joint Venture Agreement with McEwen Mining on New Pass Gold Property, NevadaApril 15, 2026 12:14 PM
NewsfileInitial drill program targets resource expansion across established Carlin-type gold system.Vancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: ICMFF) (FSE: YQG) announces that its wholly owned subsidiary has entered into a formal joint venture agreement (the "JV Agreement") with a wholly owned subsidiary of McEwen Mining Inc. (TSX: MUX) (NYSE: MUX) to advance the New Pass gold property ("New Pass" or the "Property") in Churchill County, Nevada. The agreement formalizes a 50%/50% joint venture on the 2,140-hectare property located along a prospective Carlin-type gold trend approximately three hours east of Reno.Iconic Minerals' President and CEO, Richard Kern stated, "We are pleased to advance this joint venture with McEwen Mining as a strong partner as we move forward at our highly prospective New Pass property. Our focus is to expand the known mineralization and demonstrate the potential for a materially larger resource. With defined targets from historical drilling and recent IP work, we are preparing an initial 20-30 hole drill program to test extensions of the deposit. We believe this work can significantly enhance project value for both partners and our shareholders."The JV Agreement is consistent with the terms set forth in the option agreement entered into in September 2004, as assigned to Iconic in 2005, whereby Iconic, through its wholly owned subsidiary, was granted the option to acquire a 50% interest in the Property, which Iconic exercised in full. The JV Agreement provides, among other things, that:the parties will fund exploration and other Joint Venture expenditures on the Property in proportion to their respective participating interests;a management committee will be established to determine overall policies, objectives, procedures, methods and actions under the JV Agreement;Iconic Minerals will initially act as the manager of the Joint Venture; anda party's participating interest will be subject to dilution in the event it does not fund its share of approved expenditures.Iconic plans to advance its previously announced exploration program (the "Exploration Program"), focused on infrastructure development, drilling, and metallurgical optimization. In 2021 an extensive IP survey identified several oxidation zone anomalies located north, south and up-dip of the defined mineralized zone, and the Exploration Program will test these anomalies. A total of 38 angled RC holes are expected to be drilled to test extensions up-dip (east) and to the north and south of the deposit where mineralization occurs at the surface. Upon the completion of the Exploration Program, Iconic intends to complete a new NI 43-101 technical report incorporating the results of the program.About the New Pass Gold Property
The New Pass Gold Property is located within Nevada's Basin and Range province along the highly prospective Sulfur-Lovelock-Austin structural gold trend, a region known for hosting Carlin-type gold systems.New Pass is located within the Basin and Range province, along Nevada's prolific Sulfur-Lovestock-Austin structural gold trend. The Property was first explored in 1980, when a stream sediment arsenic anomaly led to the discovery of a gold-bearing jasperoid. Since then, over 40,000 m in 329 holes have been drilled, many of which intercepted significant intervals of Carlin-type Au-Ag mineralization, establishing what is known as the New Pass Au-Ag deposit.The New Pass Au-Ag deposit represents a classic Carlin-type system, with mineralization largely contained within silicified host rocks and jasperoid which developed in decalcified limestone of the Triassic Lower Augusta Mountain Formation. A major north-northwest - south-southeast trending, west-dipping structure separates Triassic calcareous rocks from younger Tertiary volcanic rocks and served as a major conduit for hydrothermal circulation, alteration, and gold-silver precipitation.The deposit outcrops at surface, and has been drilled approximately 1.25 km along strike, with the deepest pierce point at a vertical depth of approximately 295 m. The tabular deposit has a shallow (~30°) dip to the west and remains open along strike in both directions, and at depth, offering an excellent opportunity for further exploration.Inferred Resource SummaryTotal Short TonsAvg Grade Au EQ (oz/ton)Contained Ounces (Au EQ)Avg Grade, Ag Only (oz/ton)Contained Ounces, Ag OnlyAvg Grade, Au Only (oz/ton)Contained Ounces,
Au Only15,515,4880.022 341,750 0.202 3,139,054 0.018 282,986 The New Pass deposit hosts a significant inferred mineral resource, demonstrating the established scale and continuity of the system. Historical NI 43-101 reporting outlines an inferred resource containing both gold and silver mineralization within a near-surface, oxide-dominant system. This existing resource provides a strong technical foundation for future expansion, with mineralization remaining open along strike and at depth. The combination of a defined resource and multiple untested targets supports the potential for meaningful resource growth through continued exploration.Qualified Person
Richard Kern, Certified Professional Geologist, a qualified person as defined by NI 43-101, has reviewed and approved the technical information contained in this news release. Mr. Kern is not independent of the Company as he is the Chief Executive Officer of Iconic.About McEwen Mining Inc.
McEwen Mining Inc. is a diversified gold and silver producer with operations in North and South America. The company is focused on responsible resource development, operational efficiency, and long-term value creation. With a disciplined approach to exploration and project advancement, McEwen brings technical expertise and financial strength to joint venture partnerships.About Iconic Minerals Ltd.
Iconic Minerals Ltd. is a Nevada-focused gold exploration company advancing high-potential assets in proven mining jurisdictions. The Company's flagship New Pass Gold Property hosts a defined resource with significant expansion potential. Iconic is committed to disciplined exploration, technical advancement, and unlocking long-term shareholder value through systematic project development.On behalf of the Board of Directors
"Richard Kern"
Richard Kern, President and CEOContact:
Keturah Nathe, VP Corporate Development
+1-604-336-8614For further information, please visit www.iconicminerals.com or contact the number above.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements with respect to future operations on the Property, the completion of the Exploration Program, results of the Joint Venture, and the future business plans and exploration activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "will", "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals, and the future development of the Property in a timely manner.Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, including on the Property, requirements for additional capital, future prices of lithium and gold, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics, including the impact of such epidemics or pandemics on the business, financial condition and exploration and development activities of the Company, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including acceptance of the TSX Venture Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's latest Management's Discussion and Analysis and filed with the Canadian Securities Authorities. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials.Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292720
Original: Iconic Minerals Executes Joint Venture Agreement with McEwen Mining on New Pass Gold Property, Nevada
CA Market News
3月前
Iconic Grants Stock Options and Provides Clarification of NewsMarch 20, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 20, 2026) - Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: ICMFF) (FSE: YQG) (the "Iconic") The Company announces the grant, pursuant to its 10% Rolling Stock Option Plan (the "Options") that was ratified and approved by shareholders on June 15, 2025, of options to eligible participants to purchase a total of 5,500,000 common shares, exercisable in whole or in part on or before March 19, 2029 at an exercise price of $0.09 per share (being 25% discount to the closing price of the Company's shares on March 19, 2026). The Company would also like to clarify that of 3,000,000 stock options that were granted (see News Release August 15, 2025) there were 1,300,000 stock options that were originally granted to Pollen Agency Ltd, and of which have been cancelled due to the termination of the Agreement (See News Release March 19, 2026). The grant of Options are subject to TSX Venture Exchange approval.On behalf of the Board of DirectorsSIGNED: "Richard Barnett"Richard Barnett, CFO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614For further information on ICM, please visit our website at www.iconicminerals.com. The Company's public documents may be accessed at www.sedarplus.ca.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.Cautionary Note Regarding Forward-Looking Statements: This news release includes certain forward-looking statements or information within the meaning of applicable Canadian and U.S. securities legislation. All statements other than statements of historical fact included in this news release including, without limitation, the exercise of the stock options are forward-looking statements that involve various risks and uncertainties. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained lithium and gold demand and prices. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. Iconic expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289302
Original: Iconic Grants Stock Options and Provides Clarification of News
CA Market News
4月前
Iconic Minerals Announces Closing of Non-Brokered Private Placement for $3,750,000February 4, 2026 2:34 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 4, 2026) - Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: ICMFF) (FSE: YQGB) (the "Company") that it has closed its non-brokered private placement (the "Private Placement") issuing 30,000,000 units (the "Units") at CAD$0.0125 per Unit for gross proceeds of CAD$3,750,000 (each a, "Unit"). Each Unit consisted of one common share and one common share purchase warrant ("Warrant"), each Warrant entitling the holder thereof to purchase one additional common share at an exercise price of $0.17 per share for a period of two (2) years from the date of issuance. In the event that the Company's common shares trade at a closing price of $0.35 per common share or greater for a minimum period of 10 non-consecutive trading dates commencing four months from the closing of the Financing, then the Company may accelerate the expiry date of the Warrants by providing notice to the holders thereof and in such case the Warrants will expire on the 30th day after the date on which such notice is given by the Company (the "Warrant Acceleration Clause").All securities issued in the Financing are subject to a four-month and a day hold period in Canada. Closing of the Financing will be subject to the approval of the TSXV.The Company intends to use the proceeds from the Private Placement for exploration work on the New Pass gold property in Nevada, USA, and general working capital.The Company paid finder's fees of $55,081.25 and 470,000 finder's warrants (the "Finder's Warrants") to Canaccord Genuity Corp. The Finder's Warrants are exercisable at $0.17 per Share for a period of 2 years and shall include the Warrant Acceleration Clause termsInsiders of the Company subscribed for a total of 4,000,000 Units, with Richard Kern, President, CEO and Richard Barnett, CFO of the Company, subscribing for 3340,000 Units. As a result, the Private Placement is a related party transaction (as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company relied upon the "Fair Market Value Not More Than "$8,626,865" exemptions from the formal valuation and minority shareholder approval requirements, respectively, under MI 61-101.The securities offered have not been and will not be registered under the United States Securities Act of 1933 (the "U.S. Securities Act"), as amended, or any applicable state securities laws and may not be offered or sold in the United States or to "U.S. persons", as such term is defined in Regulation S under the U.S. Securities Act, absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.ON BEHALF OF THE BOARDRichard Kern, CEOContact: Keturah Nathe, VP Corporate Development (604) 336-8614For further information on ICM, please visit our website at www.iconicminerals.com. The Company's public documents may be accessed at www.sedarplus.comNeither 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.The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREINTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/282731
Original: Iconic Minerals Announces Closing of Non-Brokered Private Placement for $3,750,000
CA Market News
4月前
Iconic Minerals Ltd. Receives Final Acceptance to Close Non-Brokered Private Placement for Gross Proceeds of $3,750,000January 29, 2026 1:20 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: ICMFF) (FSE: YQG) (the "Company" or "Iconic") announces that the Company has received final acceptance from TSX Venture Exchange (the "TSXV" or "Exchange") with its previously announced non-brokered private placement (see news release dated January 5, 2026) which consisted of offering up to 30,000,000 units (each, a "Unit") at a price of $0.125 per Unit for aggregate proceeds of up to $3,750,000 (the "Financing"). Each Unit consisted of one common share and one common share purchase warrant ("Warrant"), each Warrant entitling the holder thereof to purchase one additional common share at an exercise price of $0.17 per share for a period of two (2) years from the date of issuance. In the event that the Company's common shares trade at a closing price of $0.35 per common share or greater for a minimum period of 10 non-consecutive trading dates commencing four months from the closing of the Financing, then the Company may accelerate the expiry date of the Warrants by providing notice to the holders thereof and in such case the Warrants will expire on the 30th day after the date on which such notice is given by the Company (the "Warrant Acceleration Clause"). The Warrant holder cannot hold or exercise, whether individually or jointly with any Associates, Affiliates, or other persons on an undiluted basis greater than 9.9% of the Company's issued and outstanding shares without submitting a PIF for Exchange review.Proceeds raised will be used toward expenditures required for drilling and advancement of the Company's exploration program on its New Pass gold property in Nevada, and for general working capital purposes.Certain eligible finders (the "Finders") will be paid in connection with the Financing in accordance with policies of the TSXV to a total of $57,881 payable in cash and a total of 463,000 Finders' warrants. Each Finder's warrant is exercisable to acquire one common share of the Company at $0.17 per share for a period of two (2) years from the date of issuance and shall include the Warrant Acceleration Clause terms.All securities issued in the Financing are subject to a four-month and a day hold period in Canada. Closing of the Financing will be subject to the approval of the TSXV.The securities offered have not been and will not be registered under the United States Securities Act of 1933 (the "U.S. Securities Act"), as amended, or any applicable state securities laws and may not be offered or sold in the United States or to "U.S. persons", as such term is defined in Regulation S under the U.S. Securities Act, absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.On behalf of the Board of Directors"Richard Barnett"Richard Barnett, Chief Financial Officer
Contact: (604) 336-8614For further information on Iconic, please visit our website at www.iconicminerals.com.
The Company's public documents may be accessed at www.sedarplus.ca.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the completion of the Financing and the use of proceeds therefrom, and the Company's future plans are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, requirements for additional capital, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, future prices of precious metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals (including TSXV acceptance), permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics, including the impact of such epidemic or pandemic on the Company's business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations, title disputes, the timing and possible outcome of any pending litigation, environmental issues and liabilities, as well as the risk factors described in the Company's annual and quarterly management's discussion and analysis and in other filings made by the Company with Canadian securities regulatory authorities under the Company's profile at www.sedarplus.ca.Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake any obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282063
Original: Iconic Minerals Ltd. Receives Final Acceptance to Close Non-Brokered Private Placement for Gross Proceeds of $3,750,000