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TNR Gold executive chairman Kirill Klip talked with Proactive's Stephen Gunnion about significant developments in the Los Azules copper project in Argentina, in which TNR holds a 0.4% net smelter returns royalty.
Klip highlighted the recent $70 million financing round led by McEwen Copper, with Rob McEwen himself investing $5 million and McEwen Mining contributing another $14 million. This financing follows previous substantial investments by Rob McEwen, Rio Tinto, and Stellantis.
Klip emphasised the importance of the project reaching a bankable feasibility study, expected in the first quarter of next year. The recent political changes in Argentina, with new pro-reform measures, are anticipated to benefit the project by reducing red tape and providing tax cuts.
Additionally, ...

Tincorp Metals Inc. is pleased to report that the Company's Omnibus Equity Incentive Plan has been approved by the TSX Venture Exchange . The Omnibus Plan was approved by the Company's shareholders at the Company's annual and special meeting of shareholders on June 21, 2024, it replaces the Company's existing stock option plan and allows for the grant of options to purchase up to 10% of the total issued and outstanding common shares calculated on the date of the grant, and the grant of other forms of equity incentive securities to acquire up to 6,690,742 common shares. The Company has granted, subject to regulatory approval, an aggregate of 2,440,000 stock options to directors, officers, employees and consultants of the Company, pursuant to the terms of the Company's Omnibus ...

Myriad Uranium Corp. is pleased to announce that it has entered into a consulting services agreement dated as of June 27, 2024 with Walk the Street Capital Inc. , pursuant to which WTS Capital will provide media content strategy, creation, and dissemination services. Myriad's CEO Thomas Lamb commented: "The Copper Mountain Uranium Project, which saw massive exploration spend by Union Pacific during the 1970s, has the potential to be one of Wyoming's largest uranium projects. Now that Myriad has the strategic investors it needs to help propel the Company and a significant exploration program is planned, it's time to communicate the Company's exciting potential. WTS has developed a strong plan to help us do that. We look forward to working with them." The initial term of the ag...

Evergold Corp. announces that the TSX Venture Exchange has agreed to extend the closing of the second tranche of its non-brokered private placement financing , first announced on May 21, 2024, to on or before August 5, 2024. Under the Offering, the Company may raise aggregate gross proceeds of up to $3,500,000 through the issuance of a combination of flow-through units at a price of $0.05 per FT Unit and hard dollar units at a price of $0.045 per HD Unit. A first tranche of the Offering, comprised of 13,537,000 FT Units and 8,777,778 HD Units for aggregate gross proceeds of $1,071,850, was closed on June 12, 2024. All terms of the Offering other than the extension of the closing date for the second tranche as described herein remain unchanged. All securities issued to the Off...

Osisko Development Corp. announces that effective July 4, 2024, as part of its annual compensation review, the Board of Directors of the Company has approved the grant of an aggregate of 2,797,400 incentive stock options and an aggregate of 371,800 restricted share units to certain senior officers of the Company , in accordance with the terms of the Company's Option and RSU plans, as applicable. The Equity Incentive Awards constitute the annual equity-based compensation grants of the Company, consistent with its regular annual compensation cycle. The Options are exercisable at a price of C$2.72 per share of the Company and will expire on July 4, 2029. Vesting of Options will occur in three equal parts on the following dates: July 4, 2025, July 4, 2026, and July 4, 2027, respe...

MAX Power Mining Corp. is pleased to announce that it has entered into a Strategic Alliance with Larin Engineering HHC of Prague, Czech Republic, a pioneering international engineering firm specializing in Natural Hydrogen, to target the first accumulations of Natural Hydrogen gas in the United States. Highlights: The Larin team, with offices in Europe and Dubai, has been conducting cutting-edge research into exploration and commercialization of Natural Hydrogen for 20 years and is now aggressively applying that expertise to the United States; Larin's involvement in the recent successful first-ever drill program for Natural Hydrogen in the United States helped spark a post-pandemic rush into this rapidly growing sector in America; Larin's targeting techniques will enable the ...

Appointment of Chief Financial Officer TORONTO, ONTARIO - July 5, 2024 - Amaroq Minerals Ltd. , an independent mine development company with a substantial land package of gold and strategic mineral assets in Southern Greenland, announces that Mr Ellert Arnarson will be appointed as Chief Financial Officer with effect from August 2024. Mr Arnarson joins Amaroq from Icelandic bank Landsbankinn, where he is currently Head of Corporate Finance. Prior to this, he held senior positions at the Pension Fund of Commerce, Iceland's second-largest pension fund, and at GAMMA Capital Management. With extensive experience in financial management and analysis, capital raising as well as mergers and acquisitions, Ellert has a demonstrated history of leading high-performing teams. Mr. Arnars...

Caledonia Mining Corporation plc announces that a consultant to the Company who was issued share options in 2017 has exercised options in respect of, and the Company has instructed the issue and allotment of, 5,000 common shares of no par value each in the Company . The exercise price was US$7.35 per Option Share. Application has been made by Caledonia for a number of depositary interests equivalent to the Option Shares to be admitted to trading on AIM and it is anticipated that trading in such securities will commence on July 10, 2024. Following the issue of the Option Shares, the Company will have a total number of shares in issue of 19,199,860 common shares of no par value each. Caledonia has no shares in treasury; therefore, this figure may be used by holders as the denomin...

Skeena Resources Ltd. is pleased to announce that the British Columbia Court of Appeal overturned the decision of the Chief Gold Commissioner and Supreme Court of British Columbia in the matter, Skeena Resources Limited v Richard Mill, the Chief Gold Commissioner of British Columbia and Orogenic Gold Corp. The former Chief Gold Commissioner had determined that Richard Mill was the owner of the waste rock and tailings from the Eskay Creek Mine that were placed in the Albino Lake Storage Facility . Justice Iyer of the British Columbia Supreme Court upheld the decision of the Chief Gold Commissioner on November 22, 2022. The Court of Appeal concluded that on the record before it, Skeena did not "relinquish" its rights to the Eskay Creek Material and that the former...

Skeena Resources Ltd. is pleased to announce that the British Columbia Court of Appeal overturned the decision of the Chief Gold Commissioner and Supreme Court of British Columbia in the matter, Skeena Resources Limited v Richard Mill, the Chief Gold Commissioner of British Columbia and Orogenic Gold Corp. The former Chief Gold Commissioner had determined that Richard Mill was the owner of the waste rock and tailings from the Eskay Creek Mine that were placed in the Albino Lake Storage Facility . Justice Iyer of the British Columbia Supreme Court upheld the decision of the Chief Gold Commissioner on November 22, 2022. The Court of Appeal concluded that on the record before it, Skeena did not "relinquish" its rights to the Eskay Creek Material and that the former...

MTB Metals Corp. is pleased to announce that is has closed a non-brokered private placement for gross proceeds of $344,000 through the issuance of 6,350,000 flow-through units at a price of $0.04 per FT Unit and 2,250,000 non-flow-through units at a price of $0.04 per NFT Unit. Each NFT Unit consists of one common share in the capital of the Company and one Share purchase warrant . Each NFT Unit Warrant entitles the holder thereof to purchase one Share for a period of 24 months from the date of issuance at an exercise price of $0.08 per NFT Unit Warrant Share. Each FT Unit consists of one flow-through common share in the capital of the Company that will qualify as a "flow-through share" within the meaning of subsection 66 of the Income Tax Act and one-half of one Share purcha...

Teck Resources Ltd. today announced the commencement of six separate offers to purchase for cash up to US$1,250,000,000 aggregate principal amount of its outstanding notes of the series listed in the table below . Subject to the Maximum Purchase Condition , the series of Notes that are purchased in the Offers will be based on the acceptance priority levels set forth in the table below. If a given series of Notes is accepted for purchase pursuant to the Offers, all Notes of that series that are validly tendered will be accepted for purchase. No series of Notes will be subject to proration pursuant to the Offers. The Offers are made upon the terms and subject to the conditions set forth in the Offer to Purchase dated July 4, 2024 relating to the Notes and the notice of guaranteed...

Teck Resources Ltd. today announced that the sale of its remaining 77% interest in the steelmaking coal business, Elk Valley Resources , to Glencore plc has now received all necessary regulatory approvals. The transaction is now expected to close on July 11. Teck expects to receive total cash proceeds of US$6.9 billion 1 from the sale of the 77% interest in EVR, excluding closing adjustments. "We are pleased that we will achieve a complete separation of the metals and steelmaking coal businesses to position Teck for its next phase of growth and responsible value creation," said Sheila Murray, Chair of the Board. "We are confident that our leadership team is executing the right strategy to maximize long-term value for shareholders and all stakeholders." "This trans...