Hercules Metals Corp. News Releases

Hercules Metals Closes C$4.5 Million Non-Brokered Private Placement Led by Incoming Leadership Team

Mon, 31 Aug 2026 16:30:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 31, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") is pleased to announce that, further to its news release dated August 5, 2026, it has closed its previously announced non-brokered private placement of 7,258,066 common shares (each, a "Common Share") of the Company at a price of C$0.62 per Common Share for aggregate gross proceeds of C$4,500,000.92 (the "Offering"). The Common Shares issued under the...

Hercules Metals Grants Stock Options

Fri, 07 Aug 2026 16:53:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 7, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules" or the "Company") announces that it has granted 2,350,000 incentive stock options (the "Options") to certain officers, directors, and consultants of the Company. The Options vest in three equal tranches, with one-third vesting immediately, and the remaining two-thirds vesting on the first and second anniversaries of the grant date, respectively. The Options are...

Hercules Metals Incoming Management Team to Invest C$4.5 million in Non-Brokered Private Placement

Wed, 05 Aug 2026 07:00:00 -0400

C$4.5 Million Personal Investment by Incoming Management: In connection with their recently announced appointments, George Ogilvie and the other members of the former Arizona Sonoran Copper Company Inc. team (collectively, the "Arizona Sonoran Team") committed to personally invest an aggregate of C$4.5 million in Hercules through a non-brokered private placement, to align their interests with shareholders and demonstrate conviction in the underlying value of Leviathan and the Company's new...

Hercules Metals Announces the Appointment of Former Arizonan Sonoran Management Team Led by George Ogilvie

Thu, 30 Jul 2026 09:48:00 -0400

Renowned Mining Executive Appointed as President and CEO: Effective September 1, 2026, George Ogilvie, P.Eng., will assume the role of President and Chief Executive Officer, and join the board of directors of Hercules Metals. He brings more than 36 years of mining, operations and development expertise and a proven track record of generating significant returns for shareholders by transforming high quality, undervalued mining assets into high-value development opportunities.Fully-Integrated...

Hercules Metals Completes IP Survey at Hook Target, Defining Large, Near-Surface Chargeability Anomaly

Thu, 02 Jul 2026 07:00:00 -0400

Seven Completed Survey Lines Highlight a 1.8-Kilometer Anomaly with Geometry and Intensity Comparable to the Leviathan Discovery Survey Completed: Approximately 28 line-kilometers of induced polarization ("IP") surveying have now been completed across seven lines at the Hook target, expanding upon a previously announced reconnaissance line which returned exceptionally high chargeability, up to 40 mV/V.Strong Continuity: The completed survey has now outlined the chargeability feature extending...

Hercules Metals Intersects 788 m of 0.54% Copper Equivalent and 802 m of 0.40% Copper Equivalent at the Leviathan Porphyry System in Idaho

Tue, 16 Jun 2026 07:00:00 -0400

Drilling and IP Surveying Also Underway at Hook Target, Investigating the Strongest Near Surface Chargeability Anomaly on the Property HER-25-21 extends Leviathan's Footwall Zone to the southwest, returning: 801.6 m of 0.40% CuEq (0.30% Cu, 82 ppm Mo, 5.3 g/t Ag, 0.01 g/t Au)And Incl. 107.8 m of 0.52% CuEq (0.43% Cu, 104 ppm Mo, 1.8 g/t Ag, 0.02 g/t Au)And Incl. 206.3 m of 0.45% CuEq (0.39% Cu, 98 ppm Mo, 0.7 g/t Ag, 0.01 g/t Au)HER-25-18 was also further extended downhole, following a brief...

HER-25-25 Intersects Margins of a New Blind Copper Porphyry System at the Southern Flats Zone, Hercules Project, Idaho

Tue, 26 May 2026 07:00:00 -0400

0.66% CuEq over 177 Meters at the Edge of Large MT Conductivity Anomaly - Step-Out Drilling Underway New Mineralized Center: HER-25-25 has intersected alteration and veining consistent with the outer margins of a new porphyry center, with step-out drilling underway to vector towards the causative porphyry intrusion.Distinct Style: The style of mineralization is distinct from that at Leviathan, with a greater proportion of quartz vein-hosted mineralization and stronger grades than would typically...

Hercules Metals Closes Bought Deal Private Placement of C$31.5 Million

Wed, 20 May 2026 08:36:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 20, 2026) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules Metals" or the "Company") is pleased to announce that it has closed its previously announced bought deal private placement Offering (as defined below) of 53,353,000 common shares of the Company (each, a "Common Share") at a price of C$0.59 per Common Share (the "Offering Price") for gross proceeds of approximately C$31.5 million. Pursuant to the Offering, the Company issued...

Hercules Metals Announces Positive Results of Induced Polarization Survey at New Targets, Hercules Project, Idaho

Wed, 22 Apr 2026 07:00:00 -0400

New Survey Shows IP Chargeability Coincident with MT Conductivity Anomalies at Pegasus and Hook Targets, with Inaugural Drilling Commencing in the Coming Weeks New Pegasus and Hook targets, situated along strike from the Company's Leviathan porphyry copper discovery, are now drill-ready, following results of a ~17-line-kilometer IP survey.Rapidly completed multi-phase MT and IP surveys reveal the targets are both conductive and chargeable, with a similar scale and geometry to the original...

Hercules Metals Intersects 670 m of 0.45% Copper, 4 g/t Ag and 95 ppm Mo, including 213 m of 0.67% Copper, 10 g/t Ag, 128 ppm Mo at the Leviathan Porphyry System in Idaho

Mon, 30 Mar 2026 07:00:00 -0400

Longest Interval to Date, Now Being Extended Further Downhole, Beginning at a True Depth of 150 m Below Surface Assays to 842.65 m depth for drill hole HER-25-18 have been received, returning the longest interval to date at Hercules:670.44 m of 0.45% Cu, 4.0 g/t Ag, 95 ppm Moincluding 212.81 m of 0.67% Cu, 10.2 g/t Ag, 128 ppm MoRepresents a 200 m step-out southwest of recently reported drill hole HER-25-15, which intersected 420.62 m of 0.60% Cu, 6.0 g/t Ag, 65 ppm Mo.Hole now being extended...