Carcetti Capital announces that it will raise an aggregate of C$2,500,000 by way of the issuance of non-interest bearing and unsecured convertible debentures in the principal amount of C$1,250,000 to each of Jonathan Awde and Robert Quartermain. Further, the Company intends to issue 5,000,000 common shares of the Company at a price of C$2.00 per Share in connection with advisory fees related to the Company's acquisition [...]
Carcetti Capital is pleased to announce the results of its annual general and special meeting of shareholders held on Oct 30, 2025. A total of 19,868,654 common shares or 77% of the Company's issued and outstanding shares as of the record date of Sept 25, 2025 were represented in person or by proxy at the Meeting. In addition, the board of directors accepted the resignation of and appointed certain officers of the Company [...]
Carcetti Capital is pleased to announce that it has filed a technical report prepared in accordance with Canadian Securities Administrator's National Instrument 43-101 - Standards of Disclosure for Mineral Projects supporting the results of the Company's pre-feasibility study for the Hemlo Gold Mine. The PFS supports Carcetti's acquisition of Hemlo and outlines the next phase of operational development, exploration and [...]
Carcetti Capital announces that, in connection with the resumption of rotating services by Canada Post, the mailing and delivery of Carcetti's Meeting Materials for its upcoming Annual General and Special Meeting are anticipated to be delivered to Canadian shareholders. The Canadian Union of Postal Workers has announced that the national labour strike has shifted to rotating strikes and as a result, Carcetti anticipates [...]
Carcetti Capital is pleased to announce that it has further upsized its previously announced bought deal private placement of subscription receipts of the Company and closed the Brokered Offering and concurrent non-brokered private placement of subscription receipts of the Company. Further, the Company announces its Reactivation from NEX Board to the main board of the TSXV as a Tier 1 mining issuer. As disclosed in the [...]
Carcetti Capital is pleased to announce that it has amended the terms of its previously announced bought deal private placement offering of subscription receipts of the Company to increase the size of the offering to approximately $437 million. Under the amended terms of the Offering, a syndicate of underwriters, led by Scotiabank as lead underwriter and sole bookrunner, have agreed to purchase, on a private placement [...]
Carcetti to acquire Hemlo from Barrick for consideration comprising $875 million in cash and 34.6 million Carcetti shares at closing plus up to $165 million of contingent cash payments Transaction fully-funded with at least $1.0 billion of gross proceeds from a gold stream, an underwritten term loan and a bought deal private placement of Subscription Receipts Upon closing, Carcetti to be re-named Hemlo Mining Corp. and [...]
Carcetti Capital announced today that it has closed its previously announced upsized non-brokered private placement of 6,000,000 common shares of the Company at a price of $0.35 per Share for aggregate gross proceeds of $2,100,000. The Company also announces the grant of stock options to certain directors, officers and consultants of the Company to acquire, in aggregate, 2,445,000 Shares. The Shares issued under the [...]
Carcetti Capital is pleased to announce that further to its news release on December 19, 2022, the Company has completed the reorganization of the Company's share capital to permit the Company to pay a special cash distribution of $0.03 per share to shareholders of record as at December 23, 2022. Shares traded in the market subsequent to the record date of December 23, 2022 and up to the close of trading on December 30 [...]
Cub Energy announces the results of its Annual General and Special Meeting of Shareholders held on December 19, 2022. At the Meeting, a total of 190,246,069 shares were voted representing approximately 60.6% of the total shares issued and outstanding. The following items were approved and more particularly described in the management information circular filed on SEDAR on Nov 18, 2022: Resolution % Voted for Number of [...]
Cub Energy announces that its board of directors has determined to seek the approval of the holders of its common shares to complete a reorganization of its share capital to permit the Company to pay a special distribution to shareholders of up to C$0.03 per Share, subject to final cost estimates and foreign exchange rates, in the course of an amendment of the Company's articles and an exchange of outstanding Shares for [...]
Cub Energy announced its unaudited financial and operating results for the six months ended June 30, 2022. All dollar amounts are expressed in United States Dollars unless otherwise noted. Patrick McGrath, CEO of Cub said: "Cub finished the quarter ended June 30, 2022 with $8,743,000 cash on hand and working capital of $7,360,000. Subsequent to the quarter end, Cub successfully divested its last asset in Ukraine and is [...]