• Sonntag, 29 Dezember 2024
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  • Galiano Gold Inc. is pleased to announce that it has terminated its gold purchase and sale agreement with Red Kite Opportunities Master Fund Limited for total cash consideration of US$13 million. Under the Agreement, the Company had been required to sell 100% of gold production from the Asanko Gold Mine , up to a maximum of 2.2 million ounces, at a spot price selected by Red Kite during a nine-day quotational period following shipment of gold from the AGM. At the time of termination, the AGM had delivered 1,706,407 gold ounces to Red Kite under the Agreement. Over the past two years, during a period of elevated gold prices and volatility, the differential between the AGM's realized gold price under the Agreement and the spot price of gold on the gold delivery date, has resulte...
    04.12.2024
    von CNW
  • Highlights: 307 g sample of marketable, on-specification, battery-grade lithium hydroxide monohydrate product produced from the CV5 Spodumene Pegmatite. The CV5 Pegmatite Deposit forms the cornerstone of the Company's Shaakichiuwaanaan Lithium Project in Canada, representing the bulk of the consolidated Mineral Resource Estimate1 of 80.1 Mt at 1.44% Li2O Indicated and 62.5 Mt at 1.31% Li2O Inferred. No impurities of concern present. Testwork completed as a successful "proof-of-concept" to demonstrate that a high-quality battery-grade lithium end-product can be produced using representative feed material from CV5. The test sample was produced from spodumene concentrate grading 6.2 % Li2O and 0.6% Fe2O3, produced from a Dense Media Separation pilot plant ...
    04.12.2024
    von CNW
  • Bluestone Resources Inc. , announced today that it has sent , to all registered shareholders and optionholders its management information circular and related materials for its special meeting of Bluestone Securityholders to be held on December 19, 2024, in connection with the proposed acquisition by Aura Minerals Inc. announced on October 28, 2024 . The Meeting will be held at 10:00 a.m. on December 19, 2024, at Suite 3500 - 1133 Melville Street, Vancouver, British Columbia V6E 4E5. At the Meeting, Bluestone Securityholders will be asked to consider and, if deemed advisable, pass, with or without variation, a special resolution to approve the Arrangement, in accordance with the terms of an arrangement agreement entered into by the Company and Aura on October 25,...
    04.12.2024
    von CNW
  • VANCOUVER, BC, Dec. 4, 2024 /CNW/ - Trading resumes in: Company: GSP Resource Corp. TSX-Venture Symbol: GSPR All Issues: Yes Resumption : 8:00 am 12/5/2024 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.ciro.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specific ha...
    04.12.2024
    von CNW
  • Nexus Uranium Corp. is pleased to announce it has increased its previously announced non-brokered private placement from up to 5,000,000 units of the Company to up to 6,666,666 FT Units. The FT Units will be issued at price of $0.30 per FT Unit to raise gross proceeds of up to $2,000,000 . Each FT Unit consists of one common share of the Company to be issued as a "flow-through share" within the meaning of within the meaning of the Income Tax Act and one common share purchase warrant each of which is exercisable to acquire one common share for 18 months following closing at an exercise price of $0.40. Proceeds from the Offering will be used to incur "Canadian exploration expenses" as defined in subsection 66.1 of the Tax Act and "flow through critical mineral mining expenditur...
    04.12.2024
  • Fortitude Gold Corp. declares its monthly dividend of $0.04 per common share payable on December 31, 2024 to shareholders of record as of December 19, 2024. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield. Dividends may vary in amount and consistency or be discontinued at the Board of Directors' discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Company's public filings with the U.S. Securities and Exchange Commission. About Fortitude Gold Corp.: Fortitude Gold is a ...
    04.12.2024
  • Enerev5 Metals Inc. is pleased to announce the closing of the first tranche of a private placement and its shares for debt transaction announced September 26, 2024. The Company announced plans to issue up to 15,000,000 units at a price of $0.01 per unit . Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.05 for a period of five years from the date of issue. Today, the Company closed its first tranche of $45,000 with the issuance of 4,500,000 Units. Effective November 10, 2024, the Company will continue its private placement for an additional 30 days. The Company is continuing to examinine potential transactions and would welco...
  • Loyalist Exploration Ltd. announces it has closed its non-brokered private placement financing with the issuance of 26,300,000 common shares for gross proceeds of $131,500 . No finders' fees were paid as a result of the private placement. Errol Farr, CEO and Eric Plexman, former CFO and Steve Balch, Director, participated in the private placement by subscribing for $15,000, $15,000 and $10,000 respectively. The participation by such insiders is a related-party transaction within the meaning of Multilateral Instrument 61-101 . The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5 and 5.7 of MI 61-101 in respect of related-party participation in the placement as neither the fair marke...
  • Royal Gold Inc. announced today that management will present in the live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. Alistair Baker, Senior Vice President, Investor Relations and Business Development, will present on Wednesday, December 18, at 12:00 p.m. EST , and access to a replay of the event will be available on our website beginning the week of December 23 or may be accessed on the Renmark Financial Communications Inc. website at https://www.renmarkfinancial.com/vndrs. REGISTER HERE: https://www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-nasdaq-rgld-fvhfeP_Gaw To ensure smooth connectivity, please access the link above using the latest version of Google Chrome. Corporate Profile Royal Gold is a precious metals stream ...
  • QC Copper and Gold is pleased to announce that at its special meeting of shareholders held on Dec 4, 2024 in Toronto, Ontario holders of common shares of QC Copper: ‎ approved the acquisition of all of the issued and outstanding shares of ‎Cuprum Corp‎.; approved the Company's restricted share unit plan; and approved the Company's new stock option plan. Details of each matter are included in the Corporation's Management Information Circular dated October 25, 2024, a copy of which is available on the Corporation's profile on SEDAR+ at www.sedarplus.ca. The vote in respect of the Acquisition was carried out by ballot, with over 99% of votes cast by disinterested shareholders being in favour of the ordinary resolution approving the Acquisition. The resoluti...
    04.12.2024
  • GSP Resource Corp. announces the completion of its initial mineral resource estimate with respect to the Alwin Copper-Silver-Gold Project in southwestern British Columbia, Canada. The 2024 Alwin MRE provides the first comprehensive analysis of the Alwin Project's potential as an open pit resource which is a significant advancement of the project which had previously only been considered for underground mining. The Alwin Project is situated in the Highland Valley Copper camp, surrounded by mineral title controlled by Teck Resources' HVC operations, which is comprised of several presently and past producing open pit mining operations. Highlights: Inferred Mineral Resource comprising 1.46 million tonnes tonnes, average grading of 1.08% copper , yielding 34.6 million pounds of Cu...
  • VANCOUVER, BC, Dec. 4, 2024 /CNW/ - The following issues have been halted by CIRO Company: GSP Resource Corp. TSX-Venture Symbol: GSPR All Issues: Yes Reason: Pending News Halt Time : 2:56 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.ciro.ca under the Markets tab. Please note that CIRO staff cannot provide...
    04.12.2024
    von CNW
  • Elevation Gold Mining Corp. previously announced in its press release dated August 1, 2024, that the Supreme Court of British Columbia issued an order granting the Company, Eclipse Gold Mining Corp., Golden Vertex Corp. and Golden Vertex Corp. protection under the Companies' Creditors Arrangement Act, RSC 1985, c C-36 and appointing KSV Restructuring Inc. as the monitor in the above-referenced proceeding . A copy of the Initial Order and an Amended and Restated Initial Order dated August 12, 2024 can be found on the Monitor's case website at: https://www.ksvadvisory.com/experience/case/elevation-gold-mining-corporation-inc . Pursuant to an order entered by the Clerk of the United States Bankruptcy Court for the District of Arizona on September 16, 2024, the US C...
    04.12.2024
    von CNW
  • Allied Critical Metals Corp. and DeepRock Minerals Inc. are pleased to announce a best efforts basis, brokered private placement offering of subscription receipts of ACM at a price of $0.20 per Subscription Receipt for gross proceeds of a minimum of $2,500,000 and a maximum of $5,000,000 . The Offering is being conducted in connection with the previously announced plan of arrangement by Deeprock Minerals Inc. for the spin-out and reverse takeover by ACM, as previously announced in news releases dated June 14, 2024, October 29, 2024, November 14, 2024 and November 22, 2024. The Offering is being led by Research Capital Corporation as the lead agent and sole bookrunner , on behalf of a syndicate of agents, including ECM Capital Advisors Inc., Beacon Securities Limited, and Vent...
  • PPX Mining Corp. is pleased to announce that a 2,222 DMT lot of sulfide ore from the Callanquitas Mine was sent to a local plant for processing by froth flotation. The lot also contained some oxidized mineral with an estimated grade of 3.38 gr/tn of gold and 243.85 gr/tn of silver. Laboratory test was carried out to establish the amount of collector and frother required for processing. The first batch of concentrate, amounting 142.05 tones was loaded and sent for sale. The analysis of the concentrate was 13.40 gr/tn of gold and 1,274.31 gr/tn of silver, with an estimated yield of 8 tones of mined material per tone of concentrate. The value of this concentrate paid by the buyer was US$1,944.54 per tone. The rest of this material is being processed and shipped. Due to oxidation...
    04.12.2024


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