Northwire Canada EditionFriday, October 16, 2026
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GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8% GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8%
M&A / Property Neutral

Vatic Ventures corrects headline from June 12 news

Vatic Ventures clarifies its Namibia uranium deal as TSXV trading resumes with the stock holding flat at $0.03 per share.

By The Northwire Desk — AI Analysis Jun 12, 2026 · 16:25 VCV Vatic Ventures Corp.
Executive Summary
  • Vatic Ventures Corp. issued a correction on June 12, 2026, to amend the headline of a prior release to accurately state "Conditional Approval of Acquisitions and Trading to Resume."
  • The correction references the April 16, 2026 announcement regarding the acquisition of rights to earn interests in two uranium properties (Zoya and Galore) in Namibia from Velvet Clean Energy Corp.
  • Transaction terms remain unchanged: issuance of 7,500,000 shares at a deemed price of $0.025 per share to Velvet shareholders, subject to a 4-month hold and 3-year TSXV escrow.
  • Trading is expected to resume on June 16, 2026, following TSXV conditional acceptance.
  • The company also confirmed that a previously announced share consolidation will not proceed.
Material Impact
  • The release is a clerical correction to a headline and does not introduce new financial, operational, or strategic data.
  • The underlying acquisition transaction was already disclosed in April 2026 and has been subject to TSXV review. The correction merely ensures accurate public disclosure.
  • Trading resumption is a procedural administrative step that was already anticipated by the market.
  • There is no change to the company's balance sheet, asset portfolio, or near-term catalysts. The impact on the stock price and fundamental outlook is neutral.
VCV · Price
Company Overview
  • Vatic Ventures Corp. is a micro-cap mineral exploration company focused on acquiring and developing strategic exploration assets.
  • Flagship project: Option rights to earn interests in the Zoya (EPL 8289) and Galore (EPL 8735) uranium properties located in the Erongo Uranium Province of Namibia.
  • The properties are situated less than 50km from Swakopmund and are contiguous with major producing mines, including Rossing and Husab.
  • A February 2023 corporate presentation previously highlighted lithium pegmatite concessions in Brazil and a copper prospect in Namibia, but recent corporate activity and management commentary have shifted focus to uranium exploration in Namibia.
Read the original news release →

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Oct 15, 2026 · 17:25

Vatic secures $1.54m financing to advance its Namibia uranium options amid broader industry liquidity challenges.

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Vatic Announces Acceptance of Acquisitions and Trading to Resume

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Vatic Ventures Restructures Namibia Uranium Deal Amidst Flat Trading; Investors Skeptical of Penny Stock Valuation

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