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SOKOMAN MINERALS CORP - $SICNF STOCK NEWS

Welcome to our dedicated page for SOKOMAN MINERALS news (Ticker: $SICNF), a resource for investors and traders seeking the latest updates and insights on SOKOMAN MINERALS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SOKOMAN MINERALS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SOKOMAN MINERALS's position in the market.

News
Piedmont Lithium Exercises Initial Earn-In Right For Interest in Killick Lithium; Issues $1 Million in Shares Each to Benton and Sokoman
Rhea-AI Summary
Benton Resources Inc. (BEX) and Sokoman Minerals Corp. (SICNF) Announce Piedmont Lithium Inc.'s (PLL) Exercise of Initial Earn-In Right for Killick Lithium Inc. (Killick)
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Sokoman Announces Non-Brokered Flow-Through Private Placement For Gross Proceeds of Up To CAD$3M
Rhea-AI Summary
Sokoman Minerals Corp. (SIC) announces a non-brokered private placement of flow-through units for gross proceeds of up to CAD$3,000,000. The Private Placement is priced at $0.065 per FT Unit, with each unit consisting of one flow-through common share of the Company and one-half of one common share purchase warrant. The Company intends to use the gross proceeds to incur eligible 'Canadian exploration expenses' and renounce all of the Qualifying Expenditures in favor of the subscribers of the FT Units effective December 31, 2023. The Company is well-funded to cover corporate and working capital needs for 2024 with ~$2M in cash and securities in the treasury.
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Sokoman and Benton Receive Explorer of the Year Award for the Killick Kraken Lithium Project from the Canadian Institute of Mining, Metallurgy and Petroleum Newfoundland and Labrador Branch
Rhea-AI Summary
Sokoman Minerals Corp. and Benton Resources Inc., known as the Alliance, have received the 'Explorer of the Year' award at the CIM Mineral Resources Review in Newfoundland. The award is in recognition of their ongoing success at the Killick and Kraken Lithium discovery, with significant surface sampling and drill results. The Alliance also recently executed a CAD$24 million option agreement with Piedmont Lithium Inc.
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End-of-Day
-12.75%
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Sokoman Minerals Drilling Update - Moosehead Gold Project, Central Newfoundland
Rhea-AI Summary
Sokoman Minerals Corp. has identified a new mineralized structure, the 552 Zone, in the ongoing drilling program at the Moosehead project. The 552 Zone is located 200 m to the east of the Eastern Trend and has an apparent east-west strike. Assays from three of the four completed holes show gold mineralization, with the best grade intersected at 1.41 g/t Au over 2.9 m. The 552 Zone remains open, and approximately 2500 m of drilling is planned to further test the area.
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End-of-Day
-12.75%
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Piedmont Lithium Inc. Enters into Definitive Agreements with Benton Resources Inc. and Sokoman Minerals Corp. to Acquire an Interest in the Killick Lithium Project
Rhea-AI Summary
Benton Resources and Sokoman Minerals announce entering into definitive agreements with Piedmont Lithium
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-8.54%
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Sokoman Minerals Reports Visible Gold at Fleur de Lys Gold Project North-Central Newfoundland
Rhea-AI Summary
Sokoman Minerals Corp. discovers Golden Bull Prospect with visible gold-bearing float in Fleur de Lys, Newfoundland. Potential for significant gold deposit. Ongoing exploration reveals strongly stylolitic quartz with up to 2% disseminated pyrite and arsenopyrite. Assay results show common visible gold in veins. Additional exploration planned, including soil sampling and magnetic survey. Project area highly prospective for Dalradian-style gold deposits. Rock samples analyzed by Eastern Analytical Ltd.
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End-of-Day
-9.17%
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Sokoman Provides Drilling Update - Moosehead Gold Project, Central Newfoundland
Rhea-AI Summary
Sokoman Minerals provides update on drilling program at Moosehead gold project
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-14.41%
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Benton and Sokoman Report Latest Results at Golden Hope JV - Southwestern Newfoundland
Rhea-AI Summary
Benton Resources Inc. and Sokoman Minerals Corp. announce further results from the Phase 4 diamond drilling program at the Kraken Lithium swarm. The drilling has expanded the dyke system and intersected a new dyke called Killick East. The Phase 5 program is planned to begin in late September or early fall, 2023.
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Sokoman Minerals Reports High-Grade Gold Assays Fleur de Lys Gold Project - North-Central Newfoundland
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12.79%
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Sokoman Provides Update - Moosehead Gold Project, Central Newfoundland
Rhea-AI Summary
Sokoman Minerals Corp. provides an update on the Alpha IP Resistivity/Chargeability Survey completed at Moosehead. Multiple anomalies have been identified to both the west and east of the main mineralized trends, indicating high-priority targets for further exploration.
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Rhea-AI Sentiment
End-of-Day
10.08%
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SOKOMAN MINERALS CORP

OTC:SICNF

SICNF Rankings

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SICNF Stock Data

10.80M
222.58M
22.17%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Toronto