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  • JOHN's, NL, July 16, 2024 /CNW/ - Aurion Resources Ltd. announces that due to significant investor demand, the Company has increased the size of its previously announced fully marketed private placement from C$5,000,000 to C$6,500,000 from the sale of up to 11,818,182 common shares of the Company at a price of C$0.55 per Share . Red Cloud is acting as lead agent and sole bookrunner on behalf of a syndicate of agents under the Offering. The Company has granted the Agents an option, exercisable in full or in part, up to 48 hours prior to the closing of the Offering, to sell up to an additional 2,727,273 Shares for additional gross proceeds of up to CAD$1,500,000 . If the Agents' Option is exercised in full, the aggregate gross proceeds of the Offering will be approximately C$8....
    16.07.2024
    von CNW
  • American Lithium Corp. is pleased to provide financial and operating highlights for the first quarter ended May 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium, comments, "The market backdrop remains challenging across the lithium sector; however, we have continued to make solid progress while prudently managing our working capital. Although prices in the uranium sector did consolidate somewhat during the quarter, commodity pricing remains at strong levels and uranium fundamentals continue to strengthen, suggesting sustained long-term strength in the sector. As the cycle evolves, our large-scale Macusani Uranium Project is well positioned to benefit." Highlights for the Quarter: Strengthens Team in Peru -...
  • Andean Precious Metals Corp. announced that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. The agreement between the Company and ICP is for an Initial Term of four months and shall be automatically renewed for subsequent one month terms unless either party provides at least thirty days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other co...
    16.07.2024
  • Compañía de Minas Buenaventura S.A.A. , Peru's largest publicly-traded precious metals mining company, today announced 2Q24 results for production and volume sold. Production per Metal Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 2024 Updated Guidance Gold ounces produced El Brocal 3,981 10,656 17.0k - 20.0k Orcopampa 17,569 36,595 70.0k - 75.0k Tambomayo 8,934 18,058 28.0k - 32.0k Julcani 1,033 1,412 2.8k - 3.2k La Zanja 2,303 3,692 5.0k - 7.0k Total Direct Operations 33,819 70,412 122.8k - 137.2k Coimolache 7,390 30,186 38.0k - 43.0k Total incl. Associated 35,247 78,405 131.5k - 146.7k Silver ounces produced El Brocal 312,440 1,185,460 1.4M - 1.7M Uchucchacua 409,481 916,532 2.2M - 2.5M Yumpag 2,461,616 3,426,612 7.5M - 8.0M Orcopampa 7,979 15,966 - Tambom...
  • Ur-Energy Inc. provides the following 2024 Q2 updates on Lost Creek production operations and guidance, Shirley Basin construction, and our uranium sales contract book. John Cash, the Company's CEO and Chairman of the Board, stated, "We are pleased that continuing advances at Lost Creek resulted in increased production quarter-over-quarter. The Lost Creek drilling and construction teams have further refined their work plans to facilitate our schedule of bringing a new header house online each month. This progress enables the continuing increase in production flow which will allow us to achieve our production targets. Importantly, the production patterns continue to be receptive to our mining methods, exhibiting strong production grades. "We are happy to see the level of constr...
    16.07.2024
  • AJN Resources Inc. is pleased to announce a non-brokered private placement offering of units in the capital of the Company at a price of $0.10 per Unit, for anticipated gross proceeds of at least $500,000 . Each Unit will consist of one common share and one share purchase warrant , where each Warrant will entitle the holder to purchase one additional common share at an exercise price of $0.15 per Warrant Share for a four year period. In addition, the Company is proposing to settle certain indebtedness through the issuance of Units at a deemed price of $0.10 per Unit . AJN intends to use the net proceeds from the Offering for exploration on the Company's properties and for working capital purposes. A finder's fee may be payable with respect to a portion of the Offering. The se...
    16.07.2024
  • Franco-Nevada Corp. announced today that it will report its second quarter 2024 results as follows: Second Quarter 2024 Results Release: August 13th after market close Conference Call and Webcast: August 14th 8:00 am ET Dial-in Numbers: Toll-Free: 1-888-390-0546 International: 416-764-8688 Conference Call URL : https://bit.ly/4bPqwE1 Webcast: www.franco-nevada.com Replay : Toll-Free: 1-888-390-0541 International: 416-764-8677 Passcode: 676469 # View original content:https://www.prnewswire.com/news-releases/franco-nevada-to-release-second-quarter-2024-results-302198643.html SOURCE Franco-Nevada Corporation Contact For more information, please visit our website at www.franco-nevada.com or contact: Candida Hayden, Senior Analyst, Investor Relations, 416-306-6323, info@franco-nev...
    16.07.2024
    von CNW
  • Aris Mining Corp. announces gold production of 99,983 ounces for the first half of 2024 , with 88,613 ounces from Segovia and 11,370 ounces from the Marmato Upper Mine. In the same period in 2023, the Company produced 104,906 ounces of gold, including 94,395 ounces from Segovia and 10,511 ounces from the Marmato Upper Mine. As the Segovia mine plan progresses to higher-grade zones the Company is on track to meet the lower end of its full-year production guidance of 220,000 to 240,000 ounces. Neil Woodyer, CEO of Aris Mining, commented "Our Segovia processing facilities performed well during Q2, consistently achieving over 2,000 tonnes per day of throughput. As previously disclosed, the Segovia Operations were moving through relatively low-grade zones in the production schedul...
    16.07.2024
    von CNW
  • Aztec Minerals Corp. is pleased to announce a non-brokered private placement financing of up to 8,333,334 units of the Company at a price of C$0.18 per Unit, for aggregate gross proceeds of up to C$1,500,000 . Each Unit will be comprised of one common share in the capital of the Company and one-half of one Share purchase warrant . Each whole Warrant will entitle the holder thereof to purchase one Share at an exercise price of C$0.25 for twenty-four months following the closing date of the Offering. The Units to be issued under the Offering will be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions , in all the provinces of Canada, except Quebec. The Units offered under the LIFE Exemption ...
  • NYSE American - UEC Uranium Energy Corp. is pleased to announce that, in conjunction with the holding of the Company's recent annual general meeting of stockholders on July 16, 2024 , the following proposals were duly ratified by the Company's stockholders in the following manner: Amir Adnani, Spencer Abraham, Vincent Della Volpe, David Kong, Gloria Ballesta and Trecia Canty were elected to the Board of Directors of the Company; PricewaterhouseCoopers LLP, Chartered Professional Accountants, were appointed as the Company's independent registered accounting firm; the Company's 2024 Stock Incentive Plan was approved - with 97.82% in favor; and the Company's executive compensation was approved - with 97.13% in favor. Details of the voting will be provided by the Company in a Form...
    16.07.2024
    von CNW
  • Showcase Minerals Inc. is pleased to announce that it has entered into an option agreement to acquire a 100% interest, subject to a 2% net smelter returns royalty, in the Pontiac Uranium Project located near the town of Fort Coulange in southwestern Québec. The Pontiac Uranium Project consists of 60 mineral claims in one contiguous block covering approximately 3,461 hectares. The property occurs in the Grenville Province which in this region, is characterized by the presence of highly deformed and magmatized paragneiss, biotite, and/or amphibole bearing schist and occasional carbonate rich horizons that now form marble and calc-silicate skarn. Dark pyroxene bearing amphibolite bands several tens to several hundred meters in thickness are present within the paragneiss units in...
    16.07.2024
  • Arizona Sonoran Copper Company Inc. , releases its updated Mineral Resource Estimate for the Cactus brownfield copper project, located 45 miles south of Phoenix, Arizona . The updated and expanded MRE is inclusive of a seven-month drilling program targeting the MainSpring property, which was completed in April 2024. The Cactus Project is wholly owned and located on private land in Arizona with direct road and rail access, infrastructure onsite, is at an advanced permitting stage, and has permitted access to onsite water wells. Highlights and key changes from the updated MRE are listed below. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240716866475/en/ Highlights: - Updated total Cactus Project Mineral Resource E...
  • Masivo Silver Corp. is pleased to announce that after extending the hole target depth three times it has successfully completed drilling 456.05 Feet at hole BM-24-02 or better known as hole No.2 at the Boston Mine, Masivo's high-grade gold, silver and copper project in "Elko County" in the State of Nevada. "Hole No.2 has shown very positive results, we are very pleased to have completed this hole after our technical team agreed to continue drilling the hole 100 feet beyond the expected depth thanks to the continuous visible high mineralization present on our drill core, this is what allowed us to extend the target depth 3 times, we are very excited to send our core to the lab for assaying," commented David Coburn, President & CEO. The Drilling team is currently relocating all...
    16.07.2024
  • Nutrien Ltd. announced today plans to release second quarter 2024 results after market close on Wednesday, August 7. Nutrien will host a conference call to discuss its results and outlook at 10:00 a.m. EDT on Thursday, August 8. Investors can access the call by dialing 1-289-514-5100 or 1-800-717-1738. A webcast of the call can be accessed by visiting Nutrien's website at nutrien.com/investors/events. A recording will be available after the completion of the call by dialing 1-888-660-6264 and inputting the conference identification number 67773#. The recording will be available through November 6, 2024. About Nutrien Nutrien is a leading provider of crop inputs and services, helping to safely and sustainably feed a growing world. We operate a world-class network of production...
  • Equity Metals Corp. reports assays from the first five holes on the George Lake target, which were completed as part of the Company's 2024 exploration program on its 100% owned Silver Queen Au-Ag project, British Columbia. Drilling commenced in early May and is on-going. Twenty core holes totalling 7553 metres have now been completed, and drilling has tested a 550-metre strike length of the George Lake structure to depths of up to 400 metres below surface. The initial assay results from the 2024 drill program returned multiple intercepts of strongly enriched precious and base metals, including: A 1.2 metre interval grading 2.0g/t Au, 173g/t Ag, 0.1% Cu, 4.2% Pb and 12.9% Zn within an 8.8 metre interval averaging 0.9g/t Au, 87g/t Ag, 0.1% Cu, 1.5% Pb and 2.0% Zn in drillhole S...
    16.07.2024



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