Basin Energy (BSN:AU) has announced Queensland Uranium and Rare Earth Acquisition Completed
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Basin Energy (BSN:AU) has announced Queensland Uranium and Rare Earth Acquisition Completed
Download the PDF here.
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Quimbaya Gold Inc. (‘Quimbaya’ or the ‘Company’) (CSE: QIM,OTC:QIMGF) (OTCQB: QIMGF) (FSE: K05) is pleased to announce that it has entered into an agreement with Stifel Canada to act as sole underwriter and bookrunner (the ‘Underwriter’), in connection with a ‘bought deal’ private placement of 14,300,000 units of the Company (the ‘LIFE Units’) at a price of C$0.70 per LIFE Unit (the ‘Offering Price’) for aggregate gross proceeds of C$10,010,000 (the ‘Offering’), with the LIFE Units to be issued pursuant to the Listed Issuer Financing Exemption (as defined below).
The Company has granted to the Underwriter an option, exercisable up to 48 hours prior to the closing date, to purchase for resale up to an additional 15% of LIFE Units at the Offering Price for additional gross proceeds of up to C$1,501,500.
Each LIFE Unit will consist of one common share (a ‘Common Share‘) and one-half (½) of one Common Share purchase warrant (each whole warrant, a ‘Warrant‘) of the Company. Each Warrant will be exercisable to acquire one Common Share for a period of 36 months following the closing date of the Offering at an exercise price of C$1.00 per common share.
The net proceeds from the Offering are expected to be used to advance the Company’s exploration programs, including drilling at the Tahami South project and follow-up work on regional copper-gold and gold targets, as well as for general working capital.
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106‘), the LIFE Units will be offered for sale to purchasers resident in Canada other than Quebec and/or other qualifying jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the ‘Listed Issuer Financing Exemption‘). Because the Offering is being completed pursuant to the Listed Issuer Financing Exemption, the LIFE Units issued pursuant to the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws. There is an offering document related to the Offering that can be accessed under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at quimbayagold.com. Prospective investors should read the offering document before making an investment decision.
The Offering is scheduled to close on or about November 4, 2025 (the ‘Closing Date‘) and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the acceptance of the Canadian Securities Exchange.
The securities referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, ‘U.S. Persons’ (as such term is defined in Regulation S under the U.S. Securities Act) absent such registration or an applicable exemption from the registration requirements of the U.S. Securities Act. 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.
About Quimbaya
Quimbaya aims to discover gold resources through exploration and acquisition of mining properties in the prolific gold mining districts of Colombia. Managed by an experienced team in the mining sector, Quimbaya is focused on three projects in the regions of Segovia (Tahami Project), Puerto Berrio (Berrio Project), and Abejorral (Maitamac Project), all located in Antioquia Province, Colombia.
Quimbaya Gold Inc.
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Cautionary Statements
Certain statements contained in this press release constitute ‘forward-looking information’ as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, but not always, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’, ‘expects’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. Forward-looking statements herein include statements and information regarding the closing of the Offering, Offering’s intended use of proceeds, any exercise of Warrants, the future plans for the Company, including any expectations of growth or market momentum, future expectations for the gold sector generally, the Colombian gold sector more particularly, or how global or local market trends may affect the Company, intended exploration on any of the Company’s properties and any results thereof, the strength of the Company’s mineral property portfolio, the potential discovery and potential size of the discovery of minerals on any property of the Company’s, including Tahami South, the aims and goals of the Company, and other forward-looking information. Forward-looking information by its nature is based on assumptions and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to, that the Company’s exploration and other activities will proceed as expected. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: future planned development and other activities on the Company’s mineral properties; an inability to finance the Company; obtaining required permitting on the Company’s mineral properties in a timely manner; any adverse changes to the planned operations of the Company’s mineral properties; failure by the Company for any reason to undertake expected exploration programs; achieving and maintaining favourable relationships with local communities; mineral exploration results that are poorer or better than expected; prices for gold remaining as expected; currency exchange rates remaining as expected; availability of funds for the Company’s projects; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; the Offering proceeds being received as anticipated; all requisite regulatory and stock exchange approvals for the Offering are obtained in a timely fashion; investor participation in the Offering; and the Company’s ability to comply with environmental, health and safety laws. Although Quimbaya’s management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.
SOURCE Quimbaya Gold Inc.
View original content: http://www.newswire.ca/en/releases/archive/October2025/23/c7762.html
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Biotech is a dynamic industry that is driving scientific advances and innovation in healthcare. In Canada, the biotech sector is home to companies pursuing cutting-edge therapies and medical technologies.
Read on to learn what’s been driving these Canadian biotech firms.
Year-on-year gain: 141.23 percent
Market cap: C$410.85 million
Share price: C$8.25
Eupraxia Pharmaceuticals is developing clinical candidates that employ its DiffuSphere technology, which delivers treatments to the targeted tissues.
The company’s candidates are currently EP-104GI for eosinophilic esophagitis and EP-104IAR for knee osteoarthritis, and it is exploring the use of its technology for other active compounds as well.
Eupraxia added EP-104GI to its pipeline through its acquisition of EpiPharma Therapeutics in late 2023. The company has continued to advance the treatment through clinical trials in 2025 and released multiple rounds of positive data from its Phase 1b/2a trial cohorts.
In July, Eupraxia dosed its first patient after advancing its investigation to Phase 2b trials based on safety and efficacy data from the earlier Phase 2a patient cohorts. Top-line results from the Phase 2b study are anticipated in the second half of 2026.
In September, the company shared data from the highest-dose cohort of the still ongoing Phase 1b/2a trials, reporting that the group saw the largest improvements so far.
Year-on-year gain: 103.17 percent
Market cap: C$683.67 million
Share price: C$92.95
Bright Minds Biosciences is developing novel serotonin agonists targeting neurocircuit abnormalities linked to neuropsychiatric disorders and epilepsy, designing next-generation treatments that aim to retain the therapeutic benefits of psychedelics while minimizing side effects.
Its lead candidate, BMB-101, a selective 5-HT2C receptor agonist, has shown encouraging preclinical efficacy by stopping seizures in an epilepsy mouse model, evaluated jointly with Firefly Neuroscience (NASDAQ:AIFF).
The company’s stock surged nearly 1,500 percent in October 2024 following H. Lundbeck’s acquisition announcement of a competitor focused on similar targets. Strengthening its epilepsy expertise, Bright Minds expanded its scientific advisory board in early 2025 by adding five leaders in the field.
Ongoing clinical progress and strategic growth initiatives position Bright Minds as a promising contender in the neuropsychiatric treatment landscape.
Year-on-year gain: 31.25 percent
Market cap: C$18.40 million
Share price: C$0.11
Hemostemix is a clinical-stage biotech company focused on developing autologous stem cell therapies, meaning the treatments use a patient’s own cells to theoretically enhance safety and efficacy.
Its main product, ACP-01, is an autologous cell therapy designed to promote tissue repair and regeneration in areas affected by diseases, including a range of heart diseases.
The company announced its first advanced sales orders for ACP-01 in Q1 2025 and has been working to expand internationally and attract new investment.
Hemostemix secured the regulatory green light for commercial sales in Florida after the state passed Senate Bill 1768. The bill creates a framework in which healthcare providers can administer stem cell therapies that had not yet been approved by the US Food and Drug Administration (FDA) but meet the bill’s guidelines.
The company now offers commercial ACP-01 treatments for ischemic pain in the state under the name VesCell, with sales forecasted to reach C$22.5 million in 2026. Operational plans target cash flow positivity by Q4 2026, supported by a growing physician network and commercial pipeline.
Additionally, Hemostemix is currently collaborating with Firefly Neuroscience on a Phase 1 clinical trial of ACP-01 for vascular dementia.
Year-on-year gain: 79.92 percent
Market cap: C$300.97 million
Share price: C$4.39
NervGen is a clinical-stage Canadian biotechnology company that focuses on developing innovative treatments to enable the nervous system to repair itself following damage from injury or disease.
The company’s core technology targets a mechanism that hinders nervous system repair. When the nervous system is damaged, chondroitin sulfate proteoglycans (CSPG) form a “scar.” Initially, CSPGs help contain damage, but their long-term interaction with the PTPσ receptor inhibits repair.
NervGen’s lead drug candidate, NVG-291, is designed to relieve these inhibitory effects to promote nervous system repair. It received fast-track designation from the US FDA.
NervGen is advancing NVG-291 in a Phase 1b/2a clinical trial for spinal cord injury (SCI) and reported positive data from the chronic cohort in June.
NVG-300, a newer preclinical candidate, is being evaluated for ischemic stroke and SCI.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Astral Resources (AAR:AU) has announced Feysville Land Use Agreement Signed With Marlinyu Ghoorlie
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The American cattle ranching industry is blasting President Donald Trump’s proposal to purchase beef from Argentina in an effort to lower supermarket beef prices.
“This plan only creates chaos at a critical time of the year for American cattle producers, while doing nothing to lower grocery store prices,” Colin Woodall, CEO of the National Cattlemen’s Beef Association, said in a statement Monday.
Wyoming-based cattle operation Meriwether Farms addressed Trump directly in a social media post Monday.
“We love you and support you — but your suggestion to buy beef from Argentina to stabilize beef prices would be an absolute betrayal to the American cattle rancher,” the farm wrote on X.
By midday Tuesday, the post had already received 4 million views. A representative for Meriwether Farms did not immediately respond to a request for comment.
Trump floated purchasing beef from the South American nation Sunday aboard Air Force One to push down U.S. beef prices by increasing the overall supply.
‘We would buy some beef from Argentina,’ he told reporters, ‘If we do that, that will bring our beef prices down.’
Beef prices have hit record highs this year, according to data from the Bureau of Labor Statistics, fueled in part by depleted herd counts and steady demand from U.S. consumers.
A group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership stakes in Six Flags Entertainment and intends to press the company’s leadership on ways to improve the struggling amusement park operator’s business.
Jana said Tuesday that the investor group now owns an economic interest of approximately 9% in Six Flags. The group plans to ‘engage’ with Six Flags’ management and board of directors to discuss ways to enhance shareholder value and improve visitors’ experience.
Shares in the Charlotte, North Carolina-based Six Flags surged 17.7% on the news. The shares added another 5.1% gain in after-hours trading. Even with Tuesday’s rally, the company’s shares are down about 47% so far this year.
Six Flags reported a loss of $319.4 million for the first half of the year. The company said attendance fell 9% in the three months that ended June 29, due partly to bad weather and a ‘challenged consumer’ in most of the markets it operates in.
The investor group also includes consumer executive Glenn Murphy and technology executive Dave Habiger.
Kelce, tight end for the Kansas City Chiefs, said in a statement that he grew up going to Six Flags amusement parks.
‘The chance to help make Six Flags special for the next generation is one I couldn’t pass up,’ he said.
Vice President JD Vance declared Wednesday that, ‘these are days of destiny,’ as he met with Israeli Prime Minister Benjamin Netanyahu to build on the ceasefire agreement in the Gaza Strip.
‘We have a very, very tough task ahead of us, which is to disarm Hamas but rebuild Gaza to make life better for the people in Gaza, but also to ensure that Hamas is no longer a threat to our friends in Israel,’ Vance said in Jerusalem, speaking alongside Netanyahu.
‘That’s not easy. I think the prime minster knows that as well as anybody. But it’s something that we’re committed to in the Trump administration,’ Vance continued. ‘And I think that we’ve, even in the past 24 hours, had a lot of good conversations with our friends in the Israeli government, but also, frankly with our friends in the Arab world who are stepping up and volunteering to play a very positive role in this.’
‘As the prime minister said, these are days of destiny, and we’re very excited to sit down and work together on the Gaza peace plan,’ Vance added.
Netanyahu told reporters that Israel has an unmatched alliance and partnership with the U.S. that is generating opportunities for security and the expansion of peace in the Middle East.
Vance also met with Israeli President Isaac Herzog on Wednesday, telling reporters afterward, ‘We’re here to talk about how to ensure that the peace agreement that started about a week ago sticks, that we move into phase two, into phase three with success.’
The peace deal included the release of hostages being held by Hamas.
‘As the president said, there will be torments along the way. It will be difficult, but I feel very optimistic based on my conversation with our Israeli friends and also with our Gulf Arab friends, that it’s possible that we actually can make peace stick, and that we can create the kind of environment where our Gulf Arab friends and our Israeli friends can build a better Middle East for everybody,’ Vance added. ‘So that is the goal of the administration. We think that it’s in the best interest of the United States. We also think that it’s in the best interest of everybody who lives here.’
Herzog said, ‘I truly believe that the fact you’re here is another brick in building the future for peace.’
‘We all are grateful to President Donald Trump for his steadfast insistence on moving forward. We must move forward,’ Herzog continued. ‘We must offer hope for the region, for Israel, the Palestinians, our neighbors, and for the future of our children.’
Politics is a funny thing. Five years ago, when he was riding high as the Democrat governor of New York, mayoral candidate Andrew Cuomo could never have imagined that the future of his political career would be in the hands of New York City Republican voters.
It’s a bit strange for the Republican voters too, but having lost the Democratic primary to far-left Zohran Mamdani, Cuomo’s only chance to win is to convince those voters, who polls show are backing Curtis Sliwa, that he deserves to be mayor.
So far, for Cuomo, this has mainly consisted of him saying that, unlike Mamdani, he is not a communist. Yes, that’s good, but like putting ‘not in prison’ on your dating profile, it’s kind of the bare minimum.
Whether Republican nominee Curtis Sliwa, who currently polls under 20%, drops out or not, and it’s not looking likely, Cuomo is going to have to convince Gotham’s conservatives to choose him. Here are a few ways he might do it.
Cuomo should pledge that, if he is elected, Republicans will play a major role in his administration. This could look a lot of ways, including promising to make a strong GOP voice like former City Councilman Joe Borelli or current City Council member Vickie Paladino a deputy mayor. Cuomo’s original pitch in this campaign was to unite the city, but so far there is no indication that his would be anything other than a boilerplate Democrat administration. That has to change.
On Tuesday, Cuomo sent out an ill-advised X post criticizing Immigration Customs and Enforcement for raids in New York’s Chinatown that targeted illegal street vendors. There is no doubt the liberals in Cuomo’s war room noted the chaos on the streets and saw an opportunity to put up points against President Donald Trump. But actually, they missed an opportunity.
The reason we see this aggressive approach from ICE in Gotham is that, as a sanctuary city, the legal system will not cooperate with ICE. So, instead of a simple and safe handover of an illegal migrant with a detainer, the feds are forced to conduct raids. Cuomo, in one sentence, could pledge to end this.
One of the most perplexing positions that Cuomo has staked out since he launched his independent bid is that Democrat Mamdani is too weak to effectively fight Trump, but that he’ll walk forward if the president puts his finger in his chest. Cuomo plays the tough guy role pretty well, but the problem is that the voters he needs really like Trump. A lot.
Cuomo can help his cause with GOP voters enormously if he would just say that Trump’s results in Washington, D.C., have been tremendous, and he is committed to working with the president to clean up New York’s parks and streets and deal with vagrancy and addiction.
Even on the Indie line, Andrew Cuomo is still a Democrat of long standing, and in an Interview with Bret Baier on Fox News Channel Tuesday night, he finally began to call out the threat that the far left poses to his party. He also said that the reason top party leaders in New York like Sen. Chuck Schumer and Rep. Hakeem Jeffries won’t endorse him over Zany Zohran is that, ‘If a politician doesn’t have to make a decision, they’re not going to make a decision.’
It’s not good enough. If Mamdani really is the existential threat to New York that Cuomo and Sliwa both claim, then any Democrat who refuses to call out communism in their own party must be put on blast. Cuomo needs to call out the cowardice.
One of the reasons that GOP voters are skeptical of Cuomo is that even if he won, and even if he had the best intentions in the world, the rest of the city government is overrun with Democrat Socialists who will thwart his efforts.
Cuomo should promise that if elected, he will work to fill all of those positions with traditional, normal Democrats, to the extent he can still find any, and will oppose the vigorous Marxism overtaking the party.
Even if Cuomo does all of these things, it’s still a long shot, but it would be a new race, a different race. Republican voters need a real choice. They don’t expect Sliwa to triumph, but right now, Cuomo looks too much like Mamdani to win them over.
Like it or not, Cuomo’s chances now rest in the hands of GOP voters. Is he capable of telling them what they want and need to hear?
The U.S. government is aware of the kidnapping of an American Christian missionary in the West African nation of Niger, U.S. official sources told Fox News.
The sources told Fox News that they suspect that the missionary has been taken north to Islamic State-controlled areas where an offshoot of ISIS operates.
‘We are aware of reports of the kidnapping of a U.S. citizen in Niamey, Niger,’ a State Department spokesperson said in a statement to Fox News. ‘Since we were alerted of the situation, our Embassy officials have been working with local authorities. It is a top priority for the Trump Administration to look after the safety of every American, and we are seeing efforts from across the U.S. Government to support the recovery and safe return of this U.S. citizen.’
The missionary is a pilot for the evangelical missionary agency Serving in Mission, according to Reuters.
The abduction took place only about 100 yards from the presidential palace in Niamey, where ousted President Mohamed Bazoum has been held since he was toppled by a coup more than two years ago, according to CBS News.
Following the kidnapping, the U.S. Embassy in Niger said it now requires all personnel to travel only in armored vehicles and announced that all restaurants and open-air markets are ‘off-limits’.
Kidnappings appear to have intensified this year in areas of West Africa where militants operate. An Austrian woman was abducted in January in Niger, and a Swiss citizen was abducted in April in the same country, Reuters reported.
In addition, five Indian citizens working for a company providing services to Niger’s Kandadji dam project were kidnapped during an attack by armed men in April that also killed a dozen soldiers, according to the outlet.
This is a developing story. Please check back for updates.
Fox News’ Jennifer Griffin contributed to this report.
The government shutdown meandered into its 22nd day with no end in sight after a 12th GOP attempt to reopen the government was stalled and then blocked by Senate Democrats on Wednesday afternoon.
Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus kneecapped Republicans’ bid to reopen the government for the 12th time in a 54-46 vote where Republicans needed at least 60 votes to advance the measure. The latest failed vote comes as Schumer has demanded another meeting with President Donald Trump and on the heels of an almost 24-hour filibuster by Sen. Jeff Merkley, D-Ore, that pushed the vote late into Wednesday.
During his marathon floor speech, which began at 6:23 pm on Tuesday, Merkley spoke on authoritarianism — what he called the Trump Administration’s overreach on immigration, separation of powers, and more.
‘Republicans have shut down the government to continue the strategy of slashing Americans’ healthcare,’ Merkley said, referring to the healthcare-centered debate holding up consideration of the government’s funding.
He concluded his remarks at 5:00 p.m. on Wednesday.
Little has changed in the upper chamber since the shutdown began. Schumer and the Senate Democratic caucus demand that there be a real, ironclad deal to extend expiring Obamacare subsidies, while Senate Republicans remain adamant that there is no path forward available on the matter until the government is reopened.
But what is old is new in a repeating cycle, and Schumer wants to meet with Trump again.
Schumer, speaking on behalf of House Minority Leader Hakeem Jeffries, D-N.Y., requested another meeting with Trump ahead of the vote in a bid to go around Senate Majority Leader John Thune, R-S.D., and congressional Republicans to secure a deal.
There have been informal talks — more casual conversation than true negotiation — between Republicans and Democrats, but nothing has materialized that puts lawmakers any closer to solving the ongoing stalemate.
‘Hakeem and I reached out to the president today and urged him to sit down and negotiate with us to resolve the healthcare crisis, address it and end the Trump shutdown,’ Schumer said. ‘He should sit — the things get worse every day for the American people. He should sit down with us, negotiate in a serious way before he goes away.’
The last time the top congressional Democrats met with Trump came just a day before the climactic vote to avert a shutdown. Neither side walked away with a compromise, or agreement, to keep the lights on.
Fast-forward to the shutdown’s fourth week, and Trump signaled he’d speak with Schumer and Jeffries — only after the government is reopened.
‘The government has to be open,’ he said. ‘You know how long it will take for them to do that? Just say, ‘OK, government is open.’ That’s it. There is nothing — They’re not negotiating.’
‘What they’re doing is saying they lost the negotiation,’ Trump continued. ‘And when we got the great ‘big beautiful [bill]’ done, they lost the negotiation. Now they’re saying, ‘Well, we want to get some of the things we lost.’ But the problem is the things they lost are very bad for our country.’
Congressional Democrats’ initial demands, made in a counter-proposal to the House-passed continuing resolution (CR), called for a permanent extension to the enhanced Obamacare premium tax credits and guardrails on Trump’s ability to claw back congressionally approved funding, among other things.
A White House official doubled down on Trump’s position and told Fox News Digital, ‘We will not have policy conversations while the Democrats are holding the American people hostage. Reopen the government.’
While Democrats desire more than just an extension to the COVID-19-era subsidy, they’ve made their primary argument all about the tax credits.
Thune offered Senate Democrats a vote on the subsidies, but so far they have declined to take the leap and instead are holding out for a guaranteed outcome in the shutdown fight. However, that is unlikely to come as Republicans and the White House, so far, are equally dug in against Schumer’s demands.
‘I think [Trump] wants the Democrats to take ‘yes’ for an answer,’ Thune said. ‘We’ve offered them a lot of the things they were asking for — a normal appropriations process, an opportunity to get a vote on some of the things that they want to see voted on, with respect to the expiring Obamacare enhanced subsidies. But that can’t happen until we open up the government.’