CHIBOUGAMAU INDEP. MNS

ROUYN-NORANDA, Québec, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US), herein called Chibougamau, wishes to inform shareholders that per the agreement with Tomagold Corporation (TSXV: LOT) dated August 11, 2023, Chibougamau has received the initial cash and share payments. In addition, Chibougamau has received the first anniversary shares payment but, due to market conditions, has extended both the required first anniversary $50,000 cash and $600,000 work expenditure requirement to June 30, 2025.» Mehr auf globenewswire.com

ROUYN-NORANDA, Quebec, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US) and GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, L&S Exchange, TTMzero, Düsseldorf, Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) are pleased to provide an update as regards the Mont Sorcier Iron Project near Chibougamau Quebec. Chibougamau maintains a 2% Gross Metal Royalty on all mineral production from the property and Globex maintains a 1% Gross Metal Royalty on iron produced from the property.» Mehr auf globenewswire.com

ROUYN-NORANDA, Québec, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US), herein called Chibougamau, regrets to inform shareholders that TomaGold Corporations (LOT-TSXV) (“TomaGold”) and Chibougamau have mutually agreed today to terminate the letter of intent dated August 11, 2023 pursuant to which TomaGold had an option to acquire Chibougamau's East Block (the “Option”), comprised of 127 mining claims in McKenzie, Obalski, Roy and Lemoine Townships, Québec, as announced on August 14, 2023 and extended as announced in press releases dated February 8, 2024 and April 12, 2024. The parties were unable to reach agreement on final terms that were commercially acceptable to each of them in order to move forward with the East Block Option.» Mehr auf globenewswire.com