Tag: Bank

Eldorado Gold Announces Closing of C$81.5 Million Strategic Investment by the European Bank for Reconstruction and Development (EBRD)

2023-06-14 06:14:50 Mr. George Burns reports: VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or the “Company”) today announced the closing of the previously announced strategic investment of C$81.5 million by the European Bank for Reconstruction and Development (the “EBRD”). The investment was effected by way of a private placement whereby […]

Rock Tech Lithium Completes Final Engineering Study Before Construction of its Guben Lithium Converter and Mandates Deutsche Bank as Placement Agent

2023-05-14 22:04:47 Estimated post-tax NPV (8% discount rate) of EUR 1,194m (USD1 1,246m). Estimated post-tax IRR of 22.3%. Estimated annual EBITDA of EUR 293m (USD 305m); after-tax annual cash flow of EUR 188m (USD 199m). Estimated average battery-grade lithium hydroxide (LHM) prices of 31,771 USD/t, and average. SC6 prices of 1,966 USD/t. Estimated initial capital costs […]

Former Managing Director at Global Investment Bank Beacon Securities, Mr. David Suda Takes on Role as CEO of American Future Fuel

2023-04-21 15:12:37 VANCOUVER, British Columbia, April 21, 2023 (GLOBE NEWSWIRE) — American Future Fuel Corporation (CSE: AMPS, Frankfurt: K14, WKN: A3DQFB, OTCQB: AFFCF) (the “Company”, or “American Future Fuel”) is please to announce that, effective as of April 21, 2023, Mr. David Suda will assume appointments as both, Chief Executive Officer, and Director of the […]

Export-Import Bank of the United States Issues Letter of Interest to NioCorp for Potential Debt Financing of up to $800 Million for NioCorp’s Elk Creek Critical Minerals Project

2023-03-06 11:11:56 CENTENNIAL, Colo., March 6, 2023 /CNW/ — NioCorp Developments Ltd. (“NioCorp” or the “Company“) (TSX:NB) (OTCQX:NIOBF) is pleased to announce the receipt of a Letter of Interest from the Export-Import Bank of the United States (“EXIM“) for potential debt financing of up to $800 million through EXIM’s “Make More In America” initiative to fund the […]

Global Energy Metals Announces Partner Funded Exploration at Millennium Exceeds $1 Million; Metal Bank to Move to Stage 2 Earn-In by Spending Additional $2 Million and Issue Shares to the Value of $350,000

2022-12-05 06:52:29 Vancouver, BC – TheNewswire – December 5, 2022 – Global Energy Metals Corporation (TSXV:GEMC) | (OTC:GBLEF) | (FSE:5GE1) (“Global Energy Metals”, the “Company” and/or “GEMC”), a company involved in investment exposure to the battery metals supply chain, is pleased to provide a key update from its Millennium copper-cobalt-gold (Cu-Co-Au) project (“Millennium” and/or the […]

Eastplats Announces Platinum Pipeline Finance Facility Agreement with Investec Bank Limited Updated and Filed

2022-11-10 00:55:36 Vancouver, British Columbia–(Newsfile Corp. – November 10, 2022) – Eastern Platinum Limited (TSX: ELR) (JSE: EPS) (“Eastplats” or the “Company“) announces the signed pipeline finance agreement between Investec Bank Limited (“Investec“) and Barplats Mine (Pty) Ltd, a wholly owned subsidiary of Eastplats, which delivers tailings platinum group metals to Impala Platinum Limited previously […]

Central Bank Of Russia Approves Bitcoin, Ethereum, Others, For Cross-Border Payments

2022-09-23 10:00:13 Russia has been leaning towards cryptocurrencies such as Bitcoin and Ethereum in recent times. Sanctions against the country since it began its evasion of Ukraine had piled up, and the government had begun to turn to crypto to circumvent these sanctions. In its most recent move, the Central Bank of Russia has moved […]

Sigma Lithium Selected by Bank of America Research Team as one of Top 50 Stocks with Exposure to 10 Scarcity Themes Across all Sectors Globally

2022-02-24 07:42:05 VANCOUVER, BC, Feb. 24, 2022 /CNW/ — HIGHLIGHTS  – Bank of America Research identified 50 companies, amongst all stocks in its coverage universe, which are enablers across scarcity themes in a wide range of sectors that will require transformative solutions including technology, circular economy, and natural capital. – The report themed “The World […]

European Bank for Reconstruction and Development to Invest $8.5 Million in Euro Manganese

2022-01-03 17:03:18 Highlights: The European Bank for Reconstruction and Development (“EBRD“) has agreed to invest CAD$8.5 million to support EMN’s development of the Chvaletice Manganese Project The ERBD’s investment and relationship will be beneficial to the Company as the Chvaletice Manganese Project moves through development, project financing, and into production As part of its due […]

Global Energy Metals Signs Earn-In and JV Agreement with Metal Bank Limited to Advance Its Millennium Cobalt-Copper-Gold Project In Queensland, Australia

2021-12-13 07:11:21 Vancouver, BC – TheNewswire – December 13, 2021 – Global Energy Metals Corporation (TSXV:GEMC) | (OTC:GBLEF) | (FSE:5GE1) (“Global Energy Metals”, the “Company” and/or “GEMC”), a company involved in investment exposure to the battery metals supply chain, is pleased to announce that it has entered into a formal earn-in and joint venture agreement […]

Investor bullishness is lowest in a year even as the stock market nears record highs, Bank of America survey finds

2021-10-19 09:22:56 Traders have been cheered by earnings but are still concerned about inflation. Brendan McDermid/Reuters Even as stocks near record highs, investors remain skeptical, according to a survey from Bank of America. Investor bullishness is sitting at a 1-year low amid concerns of rising inflation and supply chain disruptions. But third-quarter earnings are beating […]

Strong bank earnings have changed the tone of the stock market

2021-10-15 16:31:59 CNBC’s Jim Cramer said Friday he believes the tenor on Wall Street has been altered by the recent slate of major bank earnings, providing rays of optimism following a gloomy few weeks for stocks. “The big banks have changed the tone of this entire market,” the “Mad Money” host said, referring to the […]

SEBA Bank Rolls Out Yield Earning Program For Holders of Cardano, Tezos, Polkadot

2021-10-13 04:59:59 SEBA Bank, a fully regulated Switzerland-based financial institution that offers several crypto services to its clients, announced that customers will now be able to earn yield on their digital asset holdings. SEBA Launches Yield Earning According to an official press release, SEBA Bank has launched a new institutional-grade solution dubbed SEBA Earn, which […]

Bitcoin Leads Crypto Market Rally, Skyrocketing To Five-Month High After Big Bank Embrace

2021-10-06 10:18:24 Topline Within a couple of hours Wednesday, bitcoin prices skyrocketed to their highest levels in months, adding on to weeks of moderate gains amid a flurry of positive developments for the recently struggling market, with U.S. Bank and Bank of America among the latest legacy financial institutions embracing the space. U.S. Bank says […]