Tag: fund

Elemental Altus Royalties Completes Acquisition of Existing Royalty on Arizona Sonoran’s Cactus Project from RCF Opportunities Fund L.P.

2023-09-11 06:05:39 Vancouver, British Columbia–(Newsfile Corp. – September 11, 2023) – Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) (“Elemental Altus” or “the Company“) announces that further to its news release dated August 23, 2023, the Company has completed the acquisition of two existing royalties (the “Acquisition“) from RCF Opportunities Fund L.P. for consideration of US$10,000,000 paid […]

Piedmont Lithium: Ghana Sovereign Wealth Fund to Invest in Ewoyaa Project

2023-09-11 03:52:08 Mr. Keith Phillips reports: The Minerals Income Investment Fund of Ghana to acquire 6% interest in Ewoyaa for $27.9 million The sovereign wealth fund’s investment is a significant endorsement of the Ghanaian hard-rock lithium project Investment and ongoing contributions by MIIF to reduce capex investments equally for Piedmont and Atlantic Lithium MIIF also […]

Aura Minerals Announces Full Construction Decision for Borborema Project and Secures Term Loan of US$100 million to Fund Construction

2023-09-06 15:05:11 ROAD TOWN, British Virgin Islands, Sept. 06, 2023 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce that its Board of Directors (the “Board”) has approved the construction of the Borborema project (the “Project”). In addition, the Board has authorized Aura’s indirect […]

New Age Metals Receives $ 300,000 Grant from Manitoba Mineral Development Fund

2023-06-07 05:29:35  7th June 2023 – TheNewswire – Rockport, Ontario – New Age Metals Inc. (TSXV:NAM) (OTC:NMTLF) (FSE:P7J) (“NAM” or the “Company“), is pleased to announce that the Manitoba Mineral Development Fund (MMDF) has approved a grant of $ 300,000 for the Company. The allotment of this amount will be in three $ 100,000 installments. […]

NiCAN Receives $300,000 Grant from Manitoba Mineral Development Fund

2023-06-01 04:33:11 TORONTO, June 1, 2023 /CNW/ – NiCAN Limited (“NiCAN” or the “Company”) (TSXV: NICN) has received approval for a $300,000 grant from the Manitoba Mineral Development Fund (the “MMDF”) to support NiCAN’s exploration activities at its Wine Project located in the Snow Lake/Flin Flon area, Manitoba, Canada. The Company has received the first […]

Defense Metals Announces Closing of its $12.5 Million Private Placement, Including $6.6 Million Strategic Financing with RCF Opportunities Fund II L.P.

2023-05-25 06:04:55 VANCOUVER, BC, May 25, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“); (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that, further to its news release of April 27, 2023, it has closed its non-brokered private placement financing (the “LIFE Offering“) of 22,367,977 common shares of the Company (“Common […]

New Age Metals: 2023/2024 Interim Budget of $2 Million Approved by Mineral Resources to Fund Summer/Fall Exploration Program, Lithium Division, Manitoba

2023-05-24 05:41:50 May 24th, 2023 – TheNewswire – Rockport, Ontario – New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J.F) (“NAM” or the “Company”) in regards with its Farm-in/Joint Venture agreement with Mineral Resources Ltd. (“MinRes”). NAM is pleased to announce that an interim budget of C$2 million has been approved by MinRes to fund the Project’s […]

Defense Metals Announces Private Placements for Aggregate Proceeds of $12.5 Million With Lead Order from RCF Opportunities Fund II L.P. of $6.6 Million

2023-04-27 05:35:25 VANCOUVER, BC, April 27, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce a non-brokered private placement financing (the “LIFE Offering“) of up to 22,367,977 Common Shares of the Company (“Common Shares“) at a price of $0.26 per Common Share, and […]

Radius Gold Provides Exploration Update for Tropico Project and Announces Proposed C$1.75 Million Private Placement to Fund Drilling

2023-04-25 04:10:00 Vancouver, British Columbia – TheNewswire – April 25, 2023 – Radius Gold Inc. (TSXV:RDU) (“Radius” or the “Company”) is pleased to provide an exploration update for the Tropico gold mineralized “hot spring type” sinter and breccia pipe target within the Fresnillo district, Zacatecas, Mexico. Additionally, Radius proposes a non-brokered private placement of a […]

BacTech Environmental Initiates Certification Process for US$20M Green Bond Offering to Fund Bioleaching Gold Recovery Plant in Ecuador

2023-04-13 04:08:55 Sequestr Inc Engaged to Advance Project Funding Toronto, ON – TheNewswire – April 13, 2023 – BacTech Environmental Corporation (CSE:BAC) (OTC:BCCEF) (FSE:0BT1) (“BacTech” or the “Company”), a commercially proven environmental technology company delivering eco-friendly bioleaching and remediation solutions for precious metal and critical mineral recovery, today announced that it is in the process […]

Contango ORE Enters Into Project Finance Mandate With ING and Macquarie to Fund the Construction of Its Share of the Manh Choh Gold Project Alongside JV Partner Kinross Gold

2023-03-20 05:12:37 HOUSTON / Mar 20, 2023 / Business Wire / Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has entered into an agreement with ING CAPITAL LLC (“ING”) and Macquarie to arrange a US$70 million senior secured loan facility to fund its portion of the […]

NGEx Minerals: Partner at Los Helados to Fully Fund their Pro-rata Share of Work Program

2023-01-16 04:07:23 VANCOUVER, BC, Jan. 16, 2023 /CNW/ – NGEx Minerals Ltd. (TSXV: NGEX) (“NGEx Minerals” “NGEx” or the “Company”) “) is pleased to report that Nippon Caserones Resources Co. Ltd (“NCR”) has elected to fully fund its pro-rata share of the 2022-2023 program at Los Helados. NCR is the minority partner at Los Helados […]

Foremost Lithium Announces Receipt of Its Second $300,000 Grant from The Manitoba Mineral Development Fund (MMDF)

2023-01-04 06:47:36 Vancouver, British Columbia–(Newsfile Corp. – January 4, 2023) – Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) (www.foremostlithium.com) (“Foremost Lithium“, “Foremost“ or the “Company“) is pleased to announce that the Company has been approved for a $300,000 grant for the second time in just over two years […]

BWR Exploration Receives Second Tranche of Funding from Manitoba Mineral Development Fund

2022-10-17 06:04:03 Highlights: Manitoba Mineral Development Fund (“MMDF”) approves $100,000 second instalment, one further instalment left to follow as the project progresses through 2023. Manto Sipi Cree Nation (“MSCN”) Chief and Council consent to BWR commencing soil remediation program at Little Stull exploration camp. TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) — BWR […]

Garibaldi Resources Closes $2,291,445 to Fund 2022 Exploration Programs

2022-07-26 05:41:56 VANCOUVER, BC, July 26, 2022 /CNW/ – Garibaldi Resources (TSXV: GGI) (the “Company” or “Garibaldi“) is pleased to announce the closing of the flow-through portion of the non-brokered private placement financing (the “Financing“) announced on July 5, 2022. The Company sold an aggregate 5,328,944 flow-through units (each, a “Unit“) at $0.43 per Unit for […]

1911 Gold Commences 2022 Tailings Reprocessing and Receives $300,000 Grant from Manitoba Mineral Development Fund

2022-06-23 04:05:11 TORONTO, June 23, 2022 /CNW/ – 1911 Gold Corporation (“1911 Gold” or the “Company”) (TSX-V: AUMB) (OTCQX: AUMBF) announces the commencement of tailings reprocessing operations at the True North complex at Bissett, Manitoba. The Company expects to process between 170,000 and 190,000 tonnes of historical tailings in 2022 to recover approximately 3,500 to […]

Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund | Cryptocurrencies

2022-06-15 The “bloodbath” in the cryptocurrency sector may claim another victim, with the co-founder of multibillion dollar hedge fund Three Arrows Capital using Twitter in an attempt to battle rumours that the company is insolvent following the market collapse. With a net asset value of $18bn (£14.9bn) in its last public statement, the Singapore-based hedge […]

Jervois Global US$50 million bond drawdown to fund ongoing construction of ICO

2022-02-07 07:19:59 7 February 2022 – TheNewswire – Jervois Global Limited (“Jervois” or the “Company”) (ASX:JRV) (TSXV:JRV) (OTC:JRVMF) has completed the first of two drawdowns of 50% of the US$100 million bond offering (the “Bonds”) proceeds from the escrow account, as contemplated by the terms of the Bonds. First drawdown on the Bonds follows […]

Renforth Resources Raises $1,376,260 To Fund Continued 2022 Exploration Of Battery Metals At Victoria West Within The Surimeau District Property And On The Parbec Gold Deposit

2021-12-21 06:04:54 December 21, 2021 – TheNewswire – Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE-9RR) (“Renforth” or the “Company”) is pleased to announce that it has completed a private placement financing (the “Offering”) raising $1,376,260 through the issuance of 13,750,0000 of flow-through common units (“Flow-Through Units”), and 14,000 common units (“Units). Renforth is also […]

Billionaire Musk sells more shares in whirlwind Tesla stock ride

2021-11-12 08:50:00 Nov 12 (Reuters) – Tesla Inc (TSLA.O) top boss Elon Musk sold another block of company shares worth about $700 million, filings showed on Friday, as the billionaire takes advantage of a meteoric rally that drove the electric carmaker’s value to over $1 trillion. The second round of hefty stock sales this week […]

Opinion | The First Bitcoin-Related Fund Makes Its Stock Market Debut

2021-10-25 12:23:13 Since then, things have been pretty tame. In an earlier edition of this newsletter, I wrote about non-fungible tokens and how we should think of them as online communes and not only as get-rich-quick schemes. The mix of shared purpose and alienation in NFT online communities came, in part, from earlier iterations of […]

Ethereum Competitor Near Launches $800M Developer Fund As DeFi Competition Heats Up

2021-10-25 10:51:42 Smart contract ecosystem Near Protocol has earmarked $800 million for new funding initiatives aimed at growing its decentralized finance capabilities, offering the latest evidence that the highly lucrative DeFi market is still in its infancy. The new funding, which includes the $350 million grants program announced by Proximity Labs last week, gives ecosystem […]

In S.Korea, an army of retail investors flocks to YouTube for stock trading advice

2021-10-20 18:04:00 FILE PHOTO: Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration SEOUL, Oct 21 (Reuters) – Millions of South Koreans have jumped into stock market trading over the past year with their enthusiasm feeding […]

Malta financial watchdog approves Iconic’s crypto index fund for stock market listing

2021-10-20 12:00:00 The Malta Financial Services Authority has greenlit the crypto asset index fund from asset manager Iconic Funds for listing on the Malta Stock Exchange. In an Wednesday announcement, Iconic Funds said it expected to list its BITA20 XA Crypto Asset Index Fund on the exchange “in the coming days,” with the fund offering […]

Stocks Waver After Inflation Data, Major Earnings

2021-10-13 11:50:00 U.S. stocks were mixed in choppy trading Wednesday, with the S&P 500 on pace to snap a three-session losing streak. The broad U.S. stock index added 0.1%, while the Dow Jones Industrial Average edged down 0.1%. The tech-heavy Nasdaq Composite gained 0.5%. Traders parsed fresh inflation data and minutes from the Federal Reserve’s […]

Bullish momentum takes bitcoin to $55k as George Soros fund confirms owning crypto

2021-10-07 08:25:00 (Kitco News) The bullish move in bitcoin has taken the cryptocurrency to $55,000. The positive sentiment around bitcoin was boosted by the news that the investment firm founded by billionaire George Soros owns some bitcoin. The fund owns “some coins…but not a lot,” Dawn Fitzpatrick, CEO and chief investment officer of Soros Fund […]