Latest news with #RareEarths
Yahoo
6 days ago
- Business
- Yahoo
Appia Earns Further 5.89% Legal and Beneficial Interest in the PCH Project
Toronto, Ontario--(Newsfile Corp. - July 10, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today that, further to its press release dated June 12, 2024, Appia has earned a further 5.89% legal and beneficial ownership interest in Appia Brasil Rare Earths Mineracao Ltda (the "Appia Brasil") the Brazilian company that holds the PCH Project (the "Property") located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil. Appia now holds 15.89%. Pursuant to the Quotaholders Agreement among Appia, Beko Invest Ltd. ("Beko") and Antonio Vitor Junior ("Antonio") dated July 20, 2023 (the "Quotaholders Agreement"), which governs the ongoing exploration and development of the Property, Appia has expended US$2,030,204 pursuant to the Quotaholders Agreement to earn a further 5.89% interest in Appia Brasil. Appia now holds 15.89%. The 500,000 shares to be issued will be subject to a four month and one day hold period from the date of issuance. Appia can earn up to a 70% interest in Appia Brasil. Reference is made to the December 4, 2023 press release for further particulars. About Appia Rare Earths & Uranium Corp. Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds the right to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project (See June 9th, 2023 Press Release – Click HERE) which is 42,932.24 ha. in size and located within the Goiás State of Brazil. (See January 11th, 2024 Press Release – Click HERE) The Company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, and exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Appia has 168 million common shares outstanding, 205 million shares fully diluted. Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. For more information, visit As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (X, Facebook, LinkedIn) please feel free to send direct messages. To book a one-on-one 30-minute Zoom video call, please click here. Contact: Tom Drivas, CEO and Director (c) (416) 876-3957 (e) tdrivas@ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
6 days ago
- Business
- Globe and Mail
COMMERCE RESHAPES MANAGEMENT TEAM IN PREPARATION FOR RENEWED DEVELOPMENT FOCUS OF ASHRAM RARE EARTHS PROJECT
MONTRÉAL, July 10, 2025 /CNW/ -- Commerce Ressources Corp. (TSXV: CCE, FSE: D7H0, OTCQX: CMRZF) is pleased to announce key management appointments as it steps up focus on development of the Ashram Rare Earths Project in, Québec Canada.
Yahoo
6 days ago
- Business
- Yahoo
COMMERCE RESHAPES MANAGEMENT TEAM IN PREPARATION FOR RENEWED DEVELOPMENT FOCUS OF ASHRAM RARE EARTHS PROJECT
MONTRÉAL, July 10, 2025 /CNW/ -- Commerce Ressources Corp. (TSXV: CCE, FSE: D7H0, OTCQX: CMRZF) is pleased to announce key management appointments as it steps up focus on development of the Ashram Rare Earths Project in, Québec Canada. As part of the changes, Joel Ives has been appointed Chief Financial Officer and Company Secretary while Cindy Valence has been promoted to the role of VP Government Relations and Sustainability. Mr. Ives is a highly experienced finance and business advisory executive who has worked in senior roles for a range of publicly listed companies. Mr Ives is a member of Chartered Accountants Australia and New Zealand. Commerce also advises that Jody Bellefleur will step down as Chief Financial Officer and Company Secretary. Commerce Chief Executive Nicholas Holthouse thanked Ms Bellefleur for her contribution to the Company and Ashram's development. Cindy Valence will be promoted from her current role of GM Sustainability to VP Government Relations and Sustainability. Ms Valence has more than 20 years of management experience in her field, most recently as Vice-President of Sustainable Development. Based in Québec, her experience and her applied knowledge of the energy transition and connections to Government and First Nations will ensure she is an invaluable member of the Commerce team. Patrik Schmidt will step down from his role as VP Exploration but will continue to support the project as a consultant with Dahrouge Geological Consulting. Tariq Safi has resigned from his role as Investor Relations and Corporate Communications. Commerce CEO & President, Nicholas Holthouse, said: "A good first step in the rebuild of a first-class team with a clear development focus to help ensure we can maximise the huge opportunity we have at Ashram. A multigenerational resource combined with exceptional grades, outstanding metallurgical characteristics and a tier-one mining jurisdiction all bode well for building industry and government support. When these key attributes are combined with the team we are assembling, the economic and strategic fundamentals for this project becomes very clear". For more information, please visit the corporate website at or email info@ COMMERCE RESOURCES CORP. Nicholas Holthouse President and CEO Phone: + 61 428 964 276 Email: info@ 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 news release contains forward-looking statements, which includes any information about activities, events or developments that the Company believes, expects or anticipates will or may occur in the future. Forward looking statements in this news release include statements regarding the expected listing on the Australian Securities Exchange thereafter; the continued advancement of the Ashram project to development; that Ashram's fluorspar component which makes it one of the largest potential sources of fluorspar in the world and could be a long-term supplier to the met-spar and acid-spar markets; that the Company is positioning to be one of the lowest cost rare earth element producers globally, with a focus on being a long-term global supplier of mixed rare earth carbonate and/or NdPr oxide; and that the Company may explore the potential of other high-value commodities on the Ashram Property. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these events, activities or developments from coming to fruition include: that the Company may not complete a listing on the Australian Securities Exchange; that the Company may not be able to fully finance any additional exploration on the Ashram Project; that even if the Company is able raise capital, costs for exploration activities may increase such that the Company may not have sufficient funds to pay for such exploration or processing activities; the timing and content of the proposed drill program and any future work programs may not be completed as proposed or at all; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from the Ashram Project may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for rare earth elements and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability; and despite the current expected viability of the Ashram Project, conditions changing such that even if metals or minerals are discovered on the Ashram Project, the project may not be commercially viable. The forward-looking statements contained in this news release are made as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law. SOURCE Commerce Resources Corp. View original content to download multimedia: Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
COMMERCE RESHAPES MANAGEMENT TEAM IN PREPARATION FOR RENEWED DEVELOPMENT FOCUS OF ASHRAM RARE EARTHS PROJECT
MONTRÉAL, July 10, 2025 /CNW/ -- Commerce Ressources Corp. (TSXV: CCE, FSE: D7H0, OTCQX: CMRZF) is pleased to announce key management appointments as it steps up focus on development of the Ashram Rare Earths Project in, Québec Canada. As part of the changes, Joel Ives has been appointed Chief Financial Officer and Company Secretary while Cindy Valence has been promoted to the role of VP Government Relations and Sustainability. Mr. Ives is a highly experienced finance and business advisory executive who has worked in senior roles for a range of publicly listed companies. Mr Ives is a member of Chartered Accountants Australia and New Zealand. Commerce also advises that Jody Bellefleur will step down as Chief Financial Officer and Company Secretary. Commerce Chief Executive Nicholas Holthouse thanked Ms Bellefleur for her contribution to the Company and Ashram's development. Cindy Valence will be promoted from her current role of GM Sustainability to VP Government Relations and Sustainability. Ms Valence has more than 20 years of management experience in her field, most recently as Vice-President of Sustainable Development. Based in Québec, her experience and her applied knowledge of the energy transition and connections to Government and First Nations will ensure she is an invaluable member of the Commerce team. Patrik Schmidt will step down from his role as VP Exploration but will continue to support the project as a consultant with Dahrouge Geological Consulting. Tariq Safi has resigned from his role as Investor Relations and Corporate Communications. Commerce CEO & President, Nicholas Holthouse, said: "A good first step in the rebuild of a first-class team with a clear development focus to help ensure we can maximise the huge opportunity we have at Ashram. A multigenerational resource combined with exceptional grades, outstanding metallurgical characteristics and a tier-one mining jurisdiction all bode well for building industry and government support. When these key attributes are combined with the team we are assembling, the economic and strategic fundamentals for this project becomes very clear". For more information, please visit the corporate website at or email info@ COMMERCE RESOURCES CORP. Nicholas Holthouse President and CEO Phone: + 61 428 964 276 Email: info@ 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 news release contains forward-looking statements, which includes any information about activities, events or developments that the Company believes, expects or anticipates will or may occur in the future. Forward looking statements in this news release include statements regarding the expected listing on the Australian Securities Exchange thereafter; the continued advancement of the Ashram project to development; that Ashram's fluorspar component which makes it one of the largest potential sources of fluorspar in the world and could be a long-term supplier to the met-spar and acid-spar markets; that the Company is positioning to be one of the lowest cost rare earth element producers globally, with a focus on being a long-term global supplier of mixed rare earth carbonate and/or NdPr oxide; and that the Company may explore the potential of other high-value commodities on the Ashram Property. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these events, activities or developments from coming to fruition include: that the Company may not complete a listing on the Australian Securities Exchange; that the Company may not be able to fully finance any additional exploration on the Ashram Project; that even if the Company is able raise capital, costs for exploration activities may increase such that the Company may not have sufficient funds to pay for such exploration or processing activities; the timing and content of the proposed drill program and any future work programs may not be completed as proposed or at all; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from the Ashram Project may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for rare earth elements and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability; and despite the current expected viability of the Ashram Project, conditions changing such that even if metals or minerals are discovered on the Ashram Project, the project may not be commercially viable. The forward-looking statements contained in this news release are made as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law. SOURCE Commerce Resources Corp. View original content to download multimedia:
Wall Street Journal
28-04-2025
- Business
- Wall Street Journal
Lynas Asks U.S. to Pick Up Tab as Rare-Earths Project Costs Rise
The chief executive of Lynas LYC 3.26%increase; green up pointing triangle Rare Earths says now is the time to reset the rare-earths market, as a trade war derails a China-dominated supply chain for the critical minerals. But Amanda Lacaze won't bet Lynas's own balance sheet on a Texas project intended to revitalize America's domestic supply, she cautions, as the costs to build the project rise. Lacaze said Lynas is in talks with the U.S. government over additional costs the company faces to build a rare-earth processing facility in Seadrift, Texas, intended to secure supplies of materials the U.S. needs for F-35 jet fighters, missile-guidance systems, Predator drones and nuclear submarines.
