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Heritage Mining Ltd. Announces Closing of the Second and Final Tranche of its Non-Brokered Private Placement of Units and Flow-Through Units

(TheNewswire)

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC TheNewswire – April 22, 2025 Heritage Mining Ltd. (CSE: HML) (‘ Heritage ‘ or the ‘ Company ‘) is pleased to announce that it has closed the second and final tranche (‘ Tranche Two ‘) of its non-brokered private placement financing (the ‘ Offering ‘) previously announced on April 7, 2025 and March 7, 2025.

The Company raised an aggregate of $232,500.00 pursuant to Tranche Two, of which $182,500.00 was raised on the issuance of 3,650,000 units (‘ Units ‘) and $50,000.00 was raised on the issuance of 1,000,000 flow-through units (‘ FT Units ‘), for total gross proceeds of $1,028,500.00 from the Offering. Each Unit was issued at a price per Unit of $0.05 and is comprised of one common share in the capital of the Company (‘ Common Share ‘) and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 60 months from issuance at an exercise price of $0.10 (‘ Warrant ‘). Each FT Unit was issued at a price per FT Unit of $0.05 and is comprised of one Common Share which will qualify as a ‘flow-through share’ as defined in subsection 66(15) of the Income Tax Act (Canada) and one Warrant.

The Warrants are subject to an accelerated expiry option whereby the Company can trigger an accelerated 30-day expiry of the Warrants if the closing price of the Company’s Common Shares listed on the Canadian Securities Exchange (the ‘ CSE ‘) remain higher than $1.00 for 10 consecutive trading days. On the 10th consecutive trading day above $1.00 (the ‘ Acceleration Trigger Date ‘), the Expiry Time may be accelerated to 30 trading days after the Acceleration Trigger Date by the issuance of a news release announcing such acceleration, within two trading days of the Acceleration Trigger Date.

The Company paid an aggregate $1,450 in cash commissions and issued an aggregate of  28,000 compensation warrants (the ‘ Compensation Warrants ‘) in connection with Tranche Three. Each Compensation Warrant entitles the holder to acquire one Common Share for a period of 36 months from issuance at an exercise price of $0.05.

Proceeds of Tranche Two will be used to fund the Company’s previously announced exploration and drilling program on its flagship Drayton-Black Lake Project, in addition to general working capital. All securities issued pursuant to the Tranche Two are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company looks forward to continuing to advance its planned exploration program on the Drayton-Black Lake Project on schedule.

As part of the closing of Tranche Two, the Company settled $75,000 in debt obligations through the issuance of 1,500,000 Common Shares at a price of $0.05 and issued 2,180,000 Common Shares to directors and officers pursuant to the Company’s equity incentive policies upon the recommendation of the compensation committee of the Company’s board of directors.

For further information about the Company, please see the Heritage’s profile on SEDAR at www.sedar.com .

ABOUT Heritage Mining LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.

Peter Schloo – Chief Executive Officer, President and Director

Phone: (905) 505-0918

Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS

This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘forecast’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘targeting’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’, ‘outlook’ and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Investing

Trump Orders Security Probe on Rare Earths and Critical Minerals Imports

In an escalation of his administration’s industrial and national security agenda, US President Donald Trump has signed an executive order directing the secretary of commerce to initiate a formal investigation into whether US reliance on imported processed critical minerals and their derivative products is a threat to national security.

The directive invokes Section 232 of the Trade Expansion Act of 1962, the same legal authority previously used to impose sweeping tariffs on steel and aluminum imports during Trump’s first term.

“Critical minerals, including rare earth elements, are essential for national security and economic resilience,” the White House states in a fact sheet released shortly after the order’s signing.

“Processed critical minerals and their derivative products are key building blocks of our defense industrial base and integral to applications such as jet engines, missile guidance systems, advanced computing, radar systems, advanced optics, and secure communications equipment,” the April 15 document also notes.

The executive order tasks the Department of Commerce with investigating the national security implications of US imports of critical minerals — such as tungsten, gallium and rare earth metals — and the manufactured goods that incorporate them, including semiconductors, electric vehicle components and high-performance magnets.

A report, due within 180 days, is expected to evaluate global supply chain vulnerabilities, market manipulation practices by foreign producers and the broader economic impact of import dependence.

The China factor

The executive action from the Trump administration arrives against the backdrop of escalating tensions with China, which has recently weaponized its dominance in the global critical minerals market once again.

In the past several months, China has imposed sweeping export controls on materials such as gallium, germanium, antimony and most recently, six heavy rare earth metals and rare earth magnets.

In early April, China implemented tighter export controls on samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium, key materials for electronics and defense manufacturing. These moves have significantly disrupted supply chains for sectors ranging from aerospace to automotive manufacturing.

The White House has characterized these actions as a form of “economic coercion,” warning that adversarial nations are leveraging control over mineral processing to manipulate prices and exert geopolitical influence.

“Foreign producers have engaged in price manipulation, overcapacity, and arbitrary export restrictions,” the fact sheet further notes, asserting that such tactics pose a serious national security risk to the US economy and defense.

A coordinated policy push

Trump’s latest order on critical minerals is part of a broader effort to reorient US trade and industrial policy around the principles of security, reciprocity and domestic production.

Since returning to office, Trump has reinvigorated his “America First” economic strategy by imposing a sweeping 10 percent blanket tariff on all countries, implementing targeted higher tariffs on nations with which the US runs significant trade deficits and launching multiple Section 232 investigations.

As part of this campaign, tariffs on Chinese goods have surged to as high as 245 percent, reflecting not only trade imbalances, but also punitive measures for China’s retaliatory tariffs and its role in the fentanyl crisis.

The American administration has also revived the original 25 percent tariff on steel and aluminum, closing loopholes and exemptions that had eroded its effectiveness.

In launching the latest investigation, the president emphasized the urgency of creating a domestic ecosystem capable of meeting demand for both raw materials and the high-tech goods they enable.

The executive order has received an immediate and favorable response from industry stakeholders.

For instance, American Tungsten (CSE:TUNG,OTCQB:DEMRF), a Canada-based company developing the IMA mine project in Idaho, issued a statement praising the White House’s action.

Ali Haji, CEO of American Tungsten, called the order a welcome development.

“We continue to be encouraged by the US Administration’s focus on developing the country’s critical metals capabilities and its endorsement of the sector,” he said in a company press release.

“As the Government continues to awaken to the potentials of its own domestic production capabilities, the American Tungsten team will continue to advance our past-producing tungsten project, the IMA Mine,” Haji added.

The company is an active member of the US Defense Industrial Base Consortium, and has engaged with the Department of Defense on potential partnerships aimed at revitalizing American mining and refining capacity.

Under the timeline outlined in the executive order, the Department of Commerce must produce a draft interim report within 90 days for interagency review. The final report, which will contain recommendations for possible actions — including the imposition of tariffs, import restrictions or incentives for domestic production — is due within six months.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Economy

Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

The opportunity to buy Bitcoin under $100K may not last much longer. On April 21, 2025, Bitcoin (BTC) traded just below the $100,000 mark, a price level many analysts believe could be the last stop before a massive new rally begins. With institutional adoption rising and macroeconomic pressures easing, the case for long-term BTC growth is strengthening.

Why Now Might Be the Time to Buy Bitcoin Under $100K

Market experts point to several factors fueling the bullish sentiment. Firstly, Bitcoin’s halving event earlier this year significantly reduced block rewards, cutting daily supply by half. Historically, halving events have preceded major bull runs. Secondly, growing interest from ETFs and institutional players is creating steady buying pressure. Lastly, declining inflation and improved global liquidity conditions are encouraging investment in risk assets like Bitcoin.

According to Bitwise CIO Matt Hougan, “It’s not too late to buy Bitcoin under $100K. This could be one of the last best opportunities before we see a surge well beyond six figures.”

Long-Term Outlook for BTC Investors

Looking ahead, many analysts predict that Bitcoin could exceed $150,000 by the end of the year. While this isn’t guaranteed, trends in institutional adoption, limited supply, and rising use cases for Bitcoin suggest that prices may continue climbing.

Although short-term volatility persists, long-term investors remain focused on fundamentals. If history repeats itself, buying Bitcoin at sub-$100K levels may prove to be a decision rewarded in the coming cycle.

Final Thoughts

If you’ve been on the sidelines, now could be your moment to enter the market. The chance to buy Bitcoin under $100K might not last much longer. As always, do your research and consider your financial goals before investing.

Source: Yahoo Finance

Related: Bitcoin News | Crypto Analysis

The post Buy Bitcoin Under $100K Before The Next Bull Run appeared first on FinanceBrokerage.

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Economy

Trump’s Fed Criticism Sparks Investor Concerns

Trump’s Fed Criticism Sparks Investor Concerns

The recent spotlight on Trump’s Fed Criticism has sparked unease among investors and financial analysts alike. President Donald Trump’s repeated public attacks on Federal Reserve Chair Jerome Powell have amplified concerns over the central bank’s independence. As a result, markets have reacted with volatility, and investor sentiment has taken a noticeable hit.

Market Reactions to Political Pressure

Wall Street’s response to Trump’s Fed Criticism was swift. Major stock indices, including the S&P 500 and Nasdaq, posted losses amid uncertainty over future monetary policy decisions. Investors fear that political attempts to sway the Federal Reserve’s agenda may undermine its objectivity. If monetary policy is dictated by short-term political goals rather than long-term economic data, the implications could be severe for inflation, interest rates, and overall economic health.

Why Federal Reserve Independence Matters

One of the cornerstones of a stable economy is a politically neutral central bank. Trump’s Fed Criticism has called that neutrality into question. The Federal Reserve must be able to act without external pressure to maintain credibility in the eyes of global markets. Political interference could compromise its ability to control inflation or manage unemployment rates effectively.

Investor Sentiment and Future Outlook

Investor confidence remains fragile. Many market participants have shifted assets into safer investments such as gold and U.S. treasuries, seeking shelter from potential turmoil. Economic advisors stress the importance of maintaining clear, data-driven policy guidance, especially as the U.S. navigates ongoing trade issues and inflation concerns.

In the coming weeks, the Federal Reserve’s actions will be closely watched. Should Trump’s Fed Criticism intensify, it could further erode market stability and investor trust in U.S. monetary policy.

Source: Yahoo Finance

 

The post Trump’s Fed Criticism Sparks Investor Concerns appeared first on FinanceBrokerage.

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Oil Prices Rebound After Trump’s Criticism of Powell

Oil Prices Rebound After Trump’s Criticism of Fed Chair Powell

On April 22, 2025, oil prices rebound experienced a modest rebound following a significant drop the previous day. The initial decline was triggered by President Donald Trump’s renewed criticism of Federal Reserve Chair Jerome Powell, which unsettled financial markets and raised concerns about the central bank’s independence.

Market Reaction to Political Commentary

President Trump’s comments on Monday intensified investor fears regarding the Federal Reserve’s autonomy in setting monetary policy. The criticism led to a broad sell-off in equities and commodities, with oil prices bearing the brunt of the market’s anxiety.

Short-Covering Leads to Price Recovery

Despite the initial plunge, oil prices rebound edged higher on Tuesday as investors engaged in short-covering. Brent crude futures rose 0.5% to $66.62 per barrel, while West Texas Intermediate (WTI) crude for May delivery increased by 1% to $63.73 per barrel. The more actively traded WTI June contract also gained 0.7% to $62.84 per barrel.

Ongoing Economic Concerns

Market participants remain cautious amid ongoing fears of a potential recession linked to U.S. tariff policies and concerns over Federal Reserve independence. These factors have increased worries about the U.S. economy and crude demand. Additionally, progress in U.S.-Iran nuclear deal talks has eased supply concerns, potentially impacting oil prices further.

As the situation evolves, investors will closely monitor geopolitical developments and central bank communications to assess the potential long-term impacts on the energy markets.

Source: BloomBurg

The post Oil Prices Rebound After Trump’s Criticism of Powell appeared first on FinanceBrokerage.

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