CEOdigest

Tag: mining

  • Lithium Universe aims to close lithium conversion capacity gap in North America

    Lithium Universe aims to close lithium conversion capacity gap in North America



    Lithium Universe CEO Alex Hanly joins Proactive’s Jonathan Jackson to discuss the company’s approach to addressing the lithium conversion capacity gap in North America. Hanley speaks about its progress with metallurgical testing and the development of a lithium refinery in Quebec. He explains the strategic importance of this project, highlighting the company’s ability to process spodumene from various sources, which is essential for adapting to market changes. Hanly also gives his perspective on the current state of the lithium market and the future prospects for Lithium Universe within it. Finally, Hanley gives an update on the company’s progress in finalising feasibility studies for its projects.
    #ProactiveInvestors #LithiumUniverse #ASX #Lithium #CriticalMinerals
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • 🚀 Proactive Crypto Report: Bitcoin Surges Past $31K, BlackRock Refiles ETF Application! 📈

    🚀 Proactive Crypto Report: Bitcoin Surges Past $31K, BlackRock Refiles ETF Application! 📈



    Welcome back to your Proactive Crypto Report with Natalie Stoberman!

    On this Fourth of July we dive into the exciting world of cryptocurrency and witness the bullish rise of Bitcoin, surpassing $31,000, with Ethereum closely following, aiming for $2,000 territory. The recent surge in momentum could be attributed to asset management giant BlackRock’s refiling spot Bitcoin ETF application.

    However, the road to a spot Bitcoin ETF is not without its challenges. The SEC remains concerned about potential fraud and market manipulation, hence the hesitation on approving a spot Bitcoin ETF. But the pressure is mounting for the approval of a Bitcoin ETF with various companies vying for the SEC’s green light.

    Interestingly, Coinbase, which recently faced legal issues over unregistered securities offerings, finds itself entangled in this ETF frenzy. BlackRock and the Chicago Board Options Exchange has approached Coinbase to be their Market Surveillance Partner to address the SEC’s concerns.

    Join us as we closely monitor these developments in the crypto space and stay tuned for more exciting updates on the cryptocurrency market. Thank you for watching, and we’ll be back soon with more!

    #CryptoReport #BitcoinSurge #Ethereum #BlackRockETF #SECApproval #CoinbaseLawsuit #CryptocurrencyUpdate #MarketSurveillance #CryptoNews #HappyFourthOfJuly #crypto #cryptonews #cryptoupdate #bitcoin #bitcoinnews #bitcoinupdate #bitcoinbtc #ethereum #ether #BlackRock #NatalieStoberman #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Helix Exploration’s David Minchin eyes helium riches in Montana after oversubscribed IPO

    Helix Exploration’s David Minchin eyes helium riches in Montana after oversubscribed IPO



    HeLIX Exploration PLC (LSE:HEX) chairman David Minchin joins Proactive’s Stephen Gunnion following the company’s listing on London’s AIM market, a significant milestone for the company.

    Minchin told Proactive that Helix Exploration is engaged in helium exploration in Montana, focusing on the Ingomar Dome, spanning over 16,500 acres. The company boasts a P50 resource estimate of 2.3 billion cubic feet of helium, with potential upside exceeding 6 billion cubic feet. This venture is substantially de-risked by historical drilling evidence of gas across target reservoir horizons. Notably, several formations have shown promising gas presence, setting a solid foundation for drilling activities slated for the third quarter of this year as the company aims for first production by end-2025.

    Minchin said the Initial Public Offering (IPO) was notably oversubscribed, raising £7.5 million against a target of £3.5 to £5 million, leading to a market capitalisation of approximately £12 million. This capital will finance the drilling and appraisal of a well, alongside an extended flow test. The significant interest is partly attributed to CEO and founder Bo Sears, a renowned figure in helium exploration with over 25 years of experience in the field.

    HeLIX Exploration aims to leverage the helium market’s robust dynamics, highlighted by a compound annual growth rate (CAGR) of 20% in helium prices over the past decade and high demand from both Chinese importers and US end-users, Minchin said. The company plans to position itself advantageously within this market, particularly benefiting from the US Chips Act, which is expected to boost domestic demand for helium due to increased semiconductor manufacturing.

    Investors can anticipate several milestones in the near term, including the commencement of a scoping study, drilling activities in Q3, and the initiation of an extended flow test. These efforts are expected to culminate in significant developments towards the construction phase and the enhancement of HeLIX Exploration’s project pipeline within the Montana helium fairway.

    #HelixExploration #HeliumMarket #AIMListing #MontanaHelium #EnergyExploration #IPOSuccess #NaturalGas #InvestmentOpportunity #ResourceEstimation #MarketDynamics #ProactiveInvestors #InsertCompanyName #InsertStockMarket #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Intra Energy Corporation discovers further lithium anomalies

    Intra Energy Corporation discovers further lithium anomalies



    Intra Energy Corporation Ltd (ASX:IEC) managing director Ben Dunn joins Proactive’s Jonathan Jackson to discuss the discovery of further significant lithium anomalies at the Maggie Hays Hill Project in Western Australia. Dunn highlights the identification of two large-scale lithium targets within the Lake Johnston Greenstone Belt.

    Spanning 2,500 metres by 300 metres and 1,300 metres by 300 metres, these targets have shown high lithium oxide values, peaking at 248ppm. Additionally, they exhibit strong indications of caesium and tantalum, essential for pegmatite exploration in spodumene-rich zones.

    Intra Energy is set to start an RC drilling program in the June quarter, pending necessary heritage and regulatory consents. The company is finalising a heritage survey with the Ngadju Native Title Aboriginal Corporation to establish drilling sites.

    #ProactiveInvestors #IntraEnergyCorporation #ASX #Lithium #CriticalMinerals
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Chill Brands Group gives itself “really good growth capital” with latest fundraise

    Chill Brands Group gives itself “really good growth capital” with latest fundraise



    Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) CEO Callum Sommerton speaks to Proactive after announcing a £2.6mln fundraise that he says provides the company with “really good growth capital”.

    Sommerton also talks about the company’s expansion into nicotine-free vaping, something he sees as serious growth opportunity in a changing market.

    #ProactiveInvestors #ChillBrandsGroup #CBDIndustry #NicotineFreeVapes #Fundraising #GrowthCapital #Diversification #Ecommerce #Retail #MarketOpportunity #AnxietyRelief #SinProducts #EconomicStrife #InvestmentOpportunities #ProactivInterview #CEOInterview #BusinessUpdates #IndustryTrends #ProductLaunches #RevenueGrowth #CostOfLiving #MarketTrends #ConsumerBehavior #HealthAndWellness #ProductDiversification #CBDProducts #VitaminSupplements #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • ASST presents at the Proactive One2One Investor Forum – February 28th 2023

    ASST presents at the Proactive One2One Investor Forum – February 28th 2023



    Advanced Blast & Ballistic Systems Ltd CEO Roger Sloman presents at the Proactive One2One Investor Forum – February 28th 2023 for Active Safety System Technologies Inc. (ASST).

    The company, which is an SEIS/EIS opportunity, will develop and market a full suite of safety systems for the new electric, multirotor, air taxi concepts being developed by Airbus, Bell Helicopter and many others, where operation over crowded city environments will demand a watertight safety case.

    #ProactiveInvestors #ASST #ABBS #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • BioHarvest Sciences secures largest order to date for flagship product Vinia

    BioHarvest Sciences secures largest order to date for flagship product Vinia



    BioHarvest Sciences CEO Ilan Sobel joined Steve Darling from Proactive to share news the company has received its largest order ever for the flagship product Vinia.

    Sobel telling Proactive U.S. food distributer Batory has put in an order for 1,000 kilograms of Vinia. The company has also secured more favourable financial terms with the higher B2B wholesale price of Vinia in the market.

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  • Bitcoin experiences turbulent trading session following SEC hack | Crypto Report

    Bitcoin experiences turbulent trading session following SEC hack | Crypto Report



    In a dramatic turn of events, Bitcoin (BTC) faced significant volatility in its recent trading session.

    Triggered by a security breach at the US Securities and Exchange Commission (SEC), the cryptocurrency saw a tumultuous day. Initially, Bitcoin’s value dipped below $45,000 before recovering during European trading hours. However, the resurgence was short-lived as it fell again with the opening of US markets.

    The volatility was fueled by a hacking incident on the SEC’s Twitter account. The hacker falsely claimed the approval of spot Bitcoin exchange-traded funds (ETFs), a development eagerly anticipated by major financial institutions like BlackRock Inc, VanEck, and Grayscale. SEC Chairman Gary Gensler quickly addressed the false information on his personal Twitter account.

    Despite the chaos, Ethereum (ETH) gained on Bitcoin, demonstrating resilience and growth amidst the turmoil. In contrast, the wider altcoin market, including Solana (SOL), BNB, Ripple (XRP), Cardano (ADA), and Dogecoin (DOGE), faced minor setbacks. Avalanche (AVAX) notably experienced a significant decline.

    #ProactiveInvestors #Bitcoin #Cryptocurrency #SEC #TradingVolatility #BitcoinETF #Ethereum #Altcoins #CryptoMarket #DigitalCurrency #CryptoNews #Blockchain #Investing #FinanceNews #MarketUpdate #BitcoinTrading #CryptoVolatility #SECNews #Cybersecurity #FinancialMarkets #CryptoTrends #InvestmentStrategies #CryptoUpdate #MarketAnalysis #FinancialTechnology #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Bitcoin hits 22-month high as ETF approval anticipation grows | Crypto Report

    Bitcoin hits 22-month high as ETF approval anticipation grows | Crypto Report



    In a significant development for cryptocurrency enthusiasts, Bitcoin has reached a remarkable 22-month high, fueled by anticipation of the first spot-bitcoin exchange-traded funds (ETFs) potentially receiving approval from the U.S. Securities and Exchange Commission (SEC). This surge in Bitcoin’s value, marked by a nearly 7% increase in a single day, signifies the market’s optimism ahead of a key regulatory decision.

    Investors are advised to exercise caution, as the current hype surrounding Bitcoin’s price might lead to volatile market reactions post-announcement. Meanwhile, the ripple effect of Bitcoin’s rally is evident, with Ethereum and other altcoins like Solana and Avalanche also posting notable gains.

    #ProactiveInvestors #Bitcoin #Cryptocurrency #ETFApproval #BitcoinETF #SEC #Investing #BitcoinNews #CryptoMarket #DigitalCurrency #Blockchain #Ethereum #Altcoins #FinancialNews #MarketUpdate #CryptoInvestment #BitcoinRally #CryptoTrends #Fidelity #BlackRock #Grayscale #CryptocurrencyTrading #CryptoUpdate #FinancialMarkets #InvestmentNews #BitcoinDominance #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • FTSE 100 starts the week at three-week lows – Market Report

    FTSE 100 starts the week at three-week lows – Market Report



    Good morning from London and welcome to a brand new week – we’re starting things off with a nice ray of sunshine today – the Manufacturer’s organisation Make UK has put a report out today saying that “UK manufacturing is experiencing a significant shift towards a brighter future” because of the effective action being taken by the government to support the sector.

    Less pleasingly the FTSE 100 is down to three-week lows. There aren’t really any major winners or losers so far, and Susannah Streeter, head of money and markets at Hargreaves Lansdown says “wariness has returned at the start of the week, as investors assess the risks of geo-political conflict, amid fresh signs of global economic slowdown and uncertainty about the trajectory of inflation.”

    Turning to the small caps now and Helium One Global are back drilling in Tanzania after a rough end to 2023, Adriatic Metals have appointed a new Chief Sustainability Officer to support their work in the Balkans, and Argo Blockchain shares are down after a £7.8mln fundraise that they say will be put toward working capital, the repayment of debt and for general corporate purposes. Plenty to look forward to today so stay tuned, and have a great week

    #ProactiveInvestors #FTSE100 #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Orestone Mining “very excited” with prospects for Captain Project as it prepares for capital raise

    Orestone Mining “very excited” with prospects for Captain Project as it prepares for capital raise



    Orestone Mining Corp CEO David Hottman tells Proactive’s Stephen Gunnion the company’s Captain Porphyry Project has the potential to match other successful deposits in North Central British Columbia as it prepares for a capital raise of up to C$1.5 to fund further drilling at the project this summer.

    Hottman says the company has drilled about 8,000 meters and conducted hundreds of line kilometers of geophysics at Captain, with recent drilling confirming that the dykes are dipping into what the company believes is the primary target.

    #ProactiveInvestors #OrestoneMining #tsxv #OTC #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Proactive Crypto Report: Bitcoin rallies despite SEC targeting Binance U.S. and CZ Zhao assets

    Proactive Crypto Report: Bitcoin rallies despite SEC targeting Binance U.S. and CZ Zhao assets



    Join Natalie Stoberman on your Proactive Crypto Report as she discusses the latest developments in the crypto world. The SEC has taken action against Binance U.S. and Coinbase for alleged violations of securities laws. Despite the crackdown, Bitcoin remains resilient, rallying five percent in the past 24 hours.

    Find out more about the SEC’s motion to freeze crypto assets and the accusations against Binance executives.

    Don’t forget to like, subscribe and share your thoughts in the comments below!

    #ProactiveInvestors #ProactiveCryptoReport #crypto #cryptocurrency #CryptoNews #SEC #BinanceUS #Coinbase #Bitcoin #Cryptocurrency #BUSD #Binancelawsuit #Coinbaselawsuit #bitcoin #bitcoinbtc #bitcoinnewstoday #bitcoinupdate #NatalieStoberman #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Laiva Gold to become “largest pure play gold producer in Europe”

    Laiva Gold to become “largest pure play gold producer in Europe”



    Laiva Gold Inc founder and CEO Jeremy Gray visits the Proactive London studio to talk about the the Laiva gold mine in Finland, which the company has bought up with a view to restarting production this year.

    Gray explains why previous attempts by other operators to run the mine have failed, and why Laiva is well-placed to make it work.

    He adds that he expects the company to become “the largest pure play gold producer in Europe”.

    #ProactiveInvestors #Gold #laiva #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Proactive Crypto Report: Bitcoin Drops Below $25K after Fed Announcement on interest rate hike pause

    Proactive Crypto Report: Bitcoin Drops Below $25K after Fed Announcement on interest rate hike pause



    Welcome back to your Proactive Crypto Report with Natalie Stoberman!

    Bitcoin has dropped back down to $25,000, even below the support level for the first time in three months, likely due to the hawkish Federal Open Markets Committee announcement on pausing interest rate hikes.

    Federal Reserve Chair Jerome Powell hinted at potential interest rate hikes by the end of the year, which didn’t sit well with the crypto market. Bitcoin experienced a sharp four percent plunge in just 30 minutes, while Ethereum dropped by five percent to $1,600. Even stablecoin Tether briefly lost its dollar peg.

    Join the discussion and share your thoughts on whether the crypto market can recover in time for the next FOMC meeting. Thanks for watching and stay tuned for more updates!

    #CryptoNews #BitcoinUpdate #CryptocurrencyMarket #FOMCAnnouncement #InterestRateHike #BitcoinPriceDrop #EthereumUpdate #CryptoMarketRecovery #StablecoinTether #ProactiveCryptoReport #NatalieStoberman #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • PDAC 2024 – Join Kitco News for Coverage from Toronto

    PDAC 2024 – Join Kitco News for Coverage from Toronto



    Kitco News will be covering PDAC 2024, The World’s Premier Mineral Exploration & Mining Convention, for the 15th year in a row.

    On March 3-6, get ready for up to 30,000 attendees from over 130+ countries, with over 1,100 exhibitors and 700 speakers. Kitco News will be on the ground covering all the action.

    Kitco’s Mining CEO Of The Year 2023 Award will also be announced at the convention.

    Subscribe to @kitco and visit https://www.kitco.com to stay up-to-date with the latest developing stories.

    Coverage of PDAC 2024 is brought to you by GoldMining Inc., Uranium Energy Corp, Gold Royalty, and the Uranium Royalty Corp.
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    SUBSCRIBE to our channel to stay up to date on the latest market and industry news.

    For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets – visit us at https://www.kitco.com

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  • Betterlife Pharma The Business of Psychedelics: Episode 4

    Betterlife Pharma The Business of Psychedelics: Episode 4



    BetterLife Pharma CEO Dr. Ahmad Doroudian and Partner at the law firm, Zuber Lawler, Josh Lawler, joined Steve Darling from Proactive in part four in our series “The Business of Psychedelics”. In this episode, both Doroudian and Lawler discuss patents as they relate to psychedelics, including if patenting is even possible, why IP is so important and what investors need to know when they look at these new companies.

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  • Proactive Presents: A Livestream Event with ARWAY

    Proactive Presents: A Livestream Event with ARWAY



    Proactive’s Steve Darling host Proactive: A Livestream Event featuring ARway.

    ARway CEO Evan Gappelberg and Head of Product Shadnam Khan joined Steve Darling to talk about the the platform including a demo and Q&A with the public.

    #proactiveinvestors #arwaycorporation #cse #arwy.ai #otc #arwyf #wayfinding#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Nabriva Therapeutics enrolls 1st patient in Phase 1 trial of Xenleta for adults with Cystic Fibrosis

    Nabriva Therapeutics enrolls 1st patient in Phase 1 trial of Xenleta for adults with Cystic Fibrosis



    Nabriva Therapeutics CEO Ted Schroeder joined Steve Darling from Proactive to discuss the company that is looking to develop innovative anti-infective agents to treat serious infections.

    Schroeder shares with Proactive more about the company and their products in the pipeline including Xenleta for which the company announced the first patient was enrolled in a Phase 1 clinical trial to assess the safety and pharmacokinetics of oral and intravenous in adult patients with cystic fibrosis.

    Schroeder also talked about their other products in the pipeline including Sivextro for which they have a distribution partnership with Merch in the United States.

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  • CDSG describes latest progress on Titan lithium projects

    CDSG describes latest progress on Titan lithium projects



    CDSG CEO Craig Alford joins Proactive’s Natalie Stoberman to discuss the latest update on its Titan 1 and Titan 2 lithium projects.

    CDSG is a lithium explorer and developer with operations in Nevada in the US and Tanzania. The company is carving out a unique space to meet growing demand for lithium in the United States. Lithium carbonate is a critical component of lithium-ion batteries, which are highly coveted for electric vehicles and devices.

    #proactiveinvestors #cdsg #OTC #CDSG #juniorexploration #lithiummining #lithium #titanium1 #titanium2 #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • ARway.ai says sales pipeline tops $1.4M in potential contracts ahead of Apple AR/VR headset launch

    ARway.ai says sales pipeline tops $1.4M in potential contracts ahead of Apple AR/VR headset launch



    ARWAY.ai CEO Evan Gappelberg tells Proactive’s Stephen Gunnion the company’s sales pipeline has topped $1.4 million in potential contracts, with the trend likely to continue.

    He also anticipates an acceleration of demand for the artificial intelligence (AI)-powered augmented reality (AR) experience platform as Apple launches its widely expected AR/VR headset this summer.

    The company is bullish about the potential for its technology and aims to hit a $10 million pipeline by the end of the year with more deals expected to be announced in the short term, he said.

    #ProactiveInvestors #ARWAYai #CSE #OTCQB #AR #AugmentedReality #ARVR #SpatialComputing #NoCode #EnterpriseContracts #AppleARglasses #CEOInterview #FutureTech #TechNews #Innovation #BusinessGrowth #SalesPipeline #DemandAcceleration #ReferralProgram #MarketingAgencies #AdvertisingAgencies #Fortune1000 #S&P500 #ProactivInterview #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Bitcoin Stable at $44,000 as Crucial ETF Decision Looms | Crypto Report

    Bitcoin Stable at $44,000 as Crucial ETF Decision Looms | Crypto Report



    This week, the cryptocurrency market is abuzz with anticipation as Bitcoin (BTC) maintains stability, hovering around the $44,000 mark. Despite a minor dip last weekend, Bitcoin exhibits resilience, trading flat into the new week. Investors and traders are keenly focused on the $45,000 price point, a critical threshold for recovery following last week’s fluctuations.

    In a significant development for the cryptocurrency world, the U.S. Securities and Exchange Commission (SEC) is poised to make a decision on several high-profile spot-bitcoin exchange-traded fund (ETF) applications. Financial powerhouses including BlackRock, Fidelity, Grayscale, and Ark Invest are on the edge, awaiting a verdict that could enable Bitcoin to be traded directly on U.S. stock exchanges for the first time. While the decision could be a game-changer for Bitcoin, the possibility of a ‘sell-the-news’ reaction from traders looms.

    #ProactiveInvestors #Bitcoin #Cryptocurrency #CryptoNews #ETFDecision #BitcoinPrice #CryptoMarket #SEC #BitcoinETF #CryptoTrading #BitcoinStability #Ethereum #Altcoins #CryptoInvestment #USStockExchange #CryptoUpdate #DigitalCurrency #MarketWatch #CryptoTrends #Blockchain #FinancialNews #Investing #BTC #ETH #CryptoAnalysis #Fintech #BitcoinDominance #CryptoCommunity #CryptoWorld #TradingStrategy #MarketInsights #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Verb Technology preparing for full launch of application MARKET for video-based sales

    Verb Technology preparing for full launch of application MARKET for video-based sales



    Verb Technology CEO Rory Cutaia joined Steve Darling from Proactive to talk more about the company that brings an interactive video-based sales applications to help transforms how businesses attract and engage customers.

    Cutaia telling Proactive more about the company and what they offer considering its software applications are used by hundreds of thousands of people in over 100 countries in more than 48 languages.

    Cutaia also talked about CELESTE SOL, a socially conscious jewelry line, that is planning to host a series of livestream shopping events on MARKET, which is VERB’s livestream shopping platform, on June 2nd & June 3rd, 2022.

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  • Hillcrest Energy Technologies nearing commercialization as company collaborates with customers

    Hillcrest Energy Technologies nearing commercialization as company collaborates with customers



    Hillcrest Energy Technologies CEO Don Currie and CCO James Bolen joined Steve Darling from Proactive to share news about the major moves the company has made as it starts to approach commercialization.

    Currie telling Proactive the company added Dan Coker, an experienced auto executive, to the team. Coker has worked for automotive accessory companies that have been valued at over a billion dollars, and brings a network that is attractive to a company like Hillcrest. His connections have also led to the company engaging Craig Hallum, a Minnesota-based investment bank, which has done business with Coker in the past.

    Bolen told Proactive more about the customer work with its zero voltage switching platform, which is agnostic to the end use and is being used in EVs and grid renewables. The company is engaged with a number of potential clients and looking to work with them to help move the technology forward.

    #HillcrestEnergyTechnologies #EVTechnology #RenewableEnergy #GreenEnergy #Innovation #ZeroVoltageSwitching #CCOInterview #CEOInterview #Commercialization #InvestmentBanking #CraigHallum #TeamGrowth #SoftSwitching #ZVS #DynamicLoadTesting #DataRobustness #FutureofMobility #CleanEnergy #ElectricVehicles #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Discovery Alaska pulls the trigger on new Quebec lithium project

    Discovery Alaska pulls the trigger on new Quebec lithium project



    Discovery Alaska Ltd (ASX:DAF) director Jerko Zuvela tells Proactive the company has executed a formal option agreement with 1Minerals Corp to acquire the Mia Adjacent Lithium Project in Quebec. The project covers 120 square kilometres of lithium-prospective ground, directly adjacent – as the name suggests – to Q2 Metal’s Mia Lithium Property, where outcropping lithium has already been confirmed at the Mia-1 and 2 lithium prospects.
    #ProactiveInvestors #DiscoveryAlaska #ASX #Lithium #BatteryMetals
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • ImmuPharma “looking forward with quiet confidence” to FDA response

    ImmuPharma “looking forward with quiet confidence” to FDA response



    ImmuPharma PLC (AIM:IMM, OTC:IMMPF) chief executive Tim McCarthy visited Thomas Warner at Proactive’s London studio to talk about the latest news on the specialty biopharmaceutical company’s p140 platform.

    Immupharma recently announced that the US Food and Drug Administration (FDA) has endorsed the company’s proposal for a late-stage clinical trial for the treatment of chronic idiopathic demyelinating polyneuropathy (CIDP), a rare neurological disorder.

    McCarthy says he’s “looking forward with quiet confidence” to getting the next response from the FDA, about its lupus indication.

    #ProactiveInvestors #IMM #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #biopharma

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  • Proactive Presents: Livestream Event with NexTech3D.ai and the Toggle3D.ai platform

    Proactive Presents: Livestream Event with NexTech3D.ai and the Toggle3D.ai platform



    NexTech3D.ai CEO Evan Gappelberg and Dasha Vdovina- Chief Product Officer – Toggle3D joined Steve Darling from Proactive for a Livestream Event on the Toggle 3D platform that the company is planning to spinout in June.

    The event covered the platform, future plans and coming out of Beta.

    #proactiveinvestors #nextech3d.ai #cse #NTAR #otcqb #metaverse #toggle3d #aritize3d#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Active Energy Group working to make CoalSwitch “the benchmark standard”

    Active Energy Group working to make CoalSwitch “the benchmark standard”



    Active Energy Group PLC (AIM:AEG, OTC:ATGVF) (AEG) CEO Michael Rowan and interim CFO Michelle Fagan speak to Thomas Warner from Proactive after releasing audited results for calendar year 2022.

    Fagan provides a summary of the financial highlights from 2022, before Rowan provides some context and a general update on how the business has been performing – calling 2022 a “year of a consolidation.”

    He highlights the benefits of the CoalSwitch product, saying that the focus now is on making it “the benchmark standard for black pellet globally.”

    #ProactiveInvestors #ActiveEnergyGroup #CEOInterview #FinancialResults #CoalSwitch #BiomassPellets #CleanEnergy #EnvironmentalBenefits #RevenueGrowth #StrategicGoals #CashManagement #SustainableFuel #MarketPotential #ProductionUpdate #Permits #Q3Delivery #FutureGrowth #KeyPersonnel #BestPellet #RenewableEnergy #GreenTechnology #InvestmentOpportunity #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • FTSE 100 up sharply after tough start to the year – Market Report

    FTSE 100 up sharply after tough start to the year – Market Report



    Good morning from London, where the FTSE 100 is up by around about 1% this morning, regaining its composure after slumping to three-week lows just yesterday.

    The index has had a pretty lacklustre start to the year and today’s biggest casualty by far is Burberry, the share price is down nearly 10% after they admitted their results this year will come in below their own expectations against what CEO Jonathan Akeroyd calls a “backdrop of slowing luxury demand.”

    The strongest performers this morning are a mixture of housebuilders and mining companies and its Endeavour Mining that’s top of the pile in terms of percentage gain. They’ve had a truly horrendous start to the year being forced to part ways with their CEO but today may be the day that the bleeding finally stops – they’re up around 3% on the day.

    Zooming out slightly and some fresh figures from the ONS show that the UK economy continues to stubbornly refuse to enter recession and later today in the US, some of the big beasts of the US banking world will be kicking off the earnings season with Bank of America, JPMorgan and Citigroup among those reporting.

    Here in London we’ll have plenty of interviews with some big names from the small cap space so look forward to those, and have a great end to the week.

    #ProactiveInvestors #FTSE100 #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Azure Minerals hits exceptionally thick and high-grade lithium at Andover

    Azure Minerals hits exceptionally thick and high-grade lithium at Andover



    Azure Minerals Ltd (ASX:AZS, OTC:AZRMF) MD Tony Rovira tells Proactive the company has hit the highest individual lithium results to date in the latest round of drilling at Andover Project in Western Australia, with an assay of 105 metres at 1.26% lithium holding a smaller intersection of half a metre at 5.02% lithium – an exceptionally high-grade result. The rest of the drilling results were also significant, with multiple intersections over 30 metres in width and average grades above 1% lithium.

    #ProactiveInvestors #AzureMinerals #ASX#Lithium #BatteryMetals #AndoverProject
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • This Speculator’s Top 2023 Pick Soared 87%! This Is His Top Trade for 2024

    This Speculator’s Top 2023 Pick Soared 87%! This Is His Top Trade for 2024



    Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Lobo Tiggre, Editor of The Independent Speculator, who breaks down his correct call for 2023, which is up 87% year-to-date. He gives his 2024 outlook on the recession, the Federal Reserve, uranium, and other metals. Tiggre also reveals his “highest conviction call” for 2024.

    *iTrustCapital*
    Buy and Sell Gold in a Tax-Advantaged IRA!
    – No Marked-up Coins
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    *Why a Gold IRA? It’s the Taxes!* Learn more 👉 https://itrust.capital/outlook2024

    Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
    Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
    Follow Lobo Tiggre on X: @duediligenceguy (https://twitter.com/duediligenceguy)

    0:00 – Intro
    02:08 – This Trade Is Up 87% YTD
    06:35 – 2024 Outlook on Uranium
    10:49 – Macro, Fed, Recession
    21:17 – Wall Street’s Outlook
    25:20 – Fed Expectations
    27:17 – Industrial Metals
    30:53 – Geopolitics
    35:46 – Lobo Tiggre’s “Highest Conviction Call” for 2024

    #metals #2024outlook #economy #gold #uranium
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    SUBSCRIBE to our channel to stay up to date on the latest market and industry news.

    For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets – visit us at https://www.kitco.com

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    Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.

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  • World Class Potential: First Phosphate latest drill results confirm discovery of two main zones

    World Class Potential: First Phosphate latest drill results confirm discovery of two main zones



    First Phosphate Corp CEO John Passalacqua and Chief Geologist Gilles Laverdiere joined Steve Darling from Proactive to share final winter drill results from its Bégin-Lamarche property in Quebec. 20 holes were drilled for a total of 4,274 metres.

    Laverdiere told Proactive the results have showed the discovery of two main zones with multiple open pit accessible phosphate-bearing layers. The mineralized layers have been drilled to a depth of at least 200 metres.
    Passalacqua said the company is looking to do another light drill program working towards a 43-101 resource estimate on the property later this year.

    #proactiveinvestors #firstphosphatecorp #phosphate #BéginLamarcheproject

    #phosphate #mining #drillresults #resourceestimation #geology #phosphatedeposits #exploration #mineralindustry #miningproject #seaport #excitingdiscovery #highgrades #naturalresources #geologicalsurvey #mineralpotential #miningnews #phosphatezone #geologicalfindings #miningcompany #prospecting #geologicalanalysis #geologicalresearch #mineralexploration #miningindustry #sustainablemining #phosphateindustry#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • FTSE 100 opens higher after US tech rally – Market Report

    FTSE 100 opens higher after US tech rally – Market Report



    Good morning from London where the FTSE 100 is up so far, following the US and Asia higher. The S&P 500’s sluggish start to the year is already ancient history after a tech rally yesterday and there is plenty else going on besides.

    British Retail Consortium Chief Executive Helen Dickinson says the overall festive consumer spend was underwhelming, with revenue growth in clothes, jewellery and gadgets failing to even keep up with inflation.

    But there are points of light – B&M European Value Retail SA (LSE:BME) has promised shareholders a 20p special dividend after disclosing strong Christmas trading. And Games Workshop Group PLC (LSE:GAW) shares are up after the fantasy miniatures retailer delivered growth in revenue and profits at the half-year stage and said sales in the key festive period were in line with hopes.

    The other big story here in the UK is a profit warning from Hays, the recruiters. The warning from Hays has dragged other recruitment share prices lower and supports the idea that the UK economy is looking a bit squishy heading into the new year. Plenty of news in the small cap space as well, so make sure you check out our website and socials for all that.

    #ProactiveInvestors #FTSE100
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • AMPD Ventures discusses the future of its digital content and media services with emergence of Web3

    AMPD Ventures discusses the future of its digital content and media services with emergence of Web3



    AMPD Ventures CEO James Hursthouse joins Natalie Stoberman from the Proactive studio to share his vision for the next chapter of AMPD and its subsidiary Departure Lounge.

    Hursthouse highlights the transition from media viewed on screens to digital content experienced through technologies such as virtual reality. Hursthouse also adds how his long-standing involvement in 3D immersive digital environments and how that experience is shaping AMPD’s approach to generating revenue from this sector.

    #ProactiveInvestors #AMPD #AMPDventures #CSE #AMPD #OTCQB #AMPDF #digitalcontent #mediaservices #departurelounge #volumetriccapture #creative #VR #virtualreality #metaverse #web3 #AI #UnrealEngine #unity #gaming #technology #computing #cloudcomputing #edgecomputing #digitalmedia #contentcreation #digitaltransformation #CEO #interview #proactivestudios #investing #revenue #startup #emergingtech #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • SPENN Technology “solving the biggest problem within financial inclusion”

    SPENN Technology “solving the biggest problem within financial inclusion”



    SPENN Technology A/S (OTCQB:SPENN) CEO Jens Glaso speaks to Proactive’s Thomas Warner about what the work he’s doing to solve “the biggest problem within financial inclusion”.

    Glaso explains what exactly the fintech company is working on, and looks ahead to what investors can expect from it in the future.

    #ProactiveInvestors #spenn #fintech #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • OpSens looking to improve medical outcomes with its OptoWire and new product SavvyWire

    OpSens looking to improve medical outcomes with its OptoWire and new product SavvyWire



    Opsens Inc CEO Louis Laflamme joined Steve Darling from Proactive to share news about the company that has had its OptoWire used in more than 200,000 cardiology patients in more than 30 countries. That product is using their fiber optic sensing technology.

    Laflamme talks more about the product and also the the SavvyWire which is used for transcatheter aortic valve replacement procedures in U.S., Canada and New Zealand. The company has just begun the first commercial steps for that product.

    #proactiveinvestors #opsensinc #tsx #ops #otcqx #opssf #pharma

    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Arizona Silver Exploration releases strong drill results from RC program at Philadelphia Project

    Arizona Silver Exploration releases strong drill results from RC program at Philadelphia Project



    Arizona Silver Exploration CEO Mike Stark joined Steve Darling from Proactive to share news of final drill results from 12 reverse circulation drill (RC) holes at the Philadelphia Project in Arizona.

    Stark telling Proactive the company saw five holes done on one of three patented claims known as the Rising Fawn Zone and seven drill holes in the Perry Zone with all intersecting gold mineralization in previously undrilled areas.

    Stark said the highlight was hole PRC23-97 which saw 51 grams per tonne (g/t) gold and 16.1 g/t silver in the FW vein from 54.88 metres to 56.40 metres.

    #proactiveinvestors #arizonasilverexplorationinc #tsxv #azs #otc #azasf #mining #gold
    #mineralization #gold #silver #drillresults #RedHill #RisingFawn #highgradeveins #OatmanDistrict #geology #exploration #mining #investing#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Aptamer Group: A leading provider of Optimer® binders for research, diagnostics and therapeutics

    Aptamer Group: A leading provider of Optimer® binders for research, diagnostics and therapeutics



    Aptamer Group PLC’s Arron Tolley spoke to Proactive New York’s Christine Corrado about their firm – a leading provider of Optimer® binders for use in research, diagnostics and therapeutics.

    The company strives to deliver transformational solutions that meet the needs of researchers and developers across the life sciences through the use of its proprietary Optimer® technology.

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  • Grow Group sees unique cross-border opportunity

    Grow Group sees unique cross-border opportunity



    Ben Langley, CEO and Founder of Grow Group PLC, discussed the rapid growth of the medical cannabis market with Proactive’s Chris Rhodes.

    A pioneer in the field for six years, they have seen the market expand from a few dozen patients to tens of thousands in the UK alone. They have also expanded internationally, reaching Ireland, the Channel Islands, Germany, and soon Australia.

    Whilst emphasising their patient-centric approach, Langley also detailed why their unique financing approach is attractive to investors and has the potential to significantly boost the industry’s growth.

    The company aims to expand their program and involve more stakeholders, including trade finance funds and banks, to support the development of the medical cannabis sector on a larger scale.

    Overall, the company is in a strong position with a promising business model and a vision for further expansion.

    #ProactiveInvestors #MedicalCannabis #CannabisTreatments #CannabisMedicine #PatientCentric #CannabisIndustry #CrossBorderTrade #FinanceOpportunity #MedicalAdvancements #CannabisMarket #HealthcareInnovation #CannabisExpansion #PatientAccess #InvestmentOpportunity #MedicalBreakthroughs #CannabisSupplyChain #GlobalExpansion #AlternativeMedicine #CannabisResearch #HealthAndWellness #CBDTherapy #HolisticHealing #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Soma Gold seeing record numbers as company reports production and 1Q results

    Soma Gold seeing record numbers as company reports production and 1Q results



    Soma Gold CEO Javier Cordova joined Steve Darling from Proactive to share news the company has announced the its first-quarter production and financial results.

    Cordova telling Proactive Soma achieved 1Q gold sales of 6,448 ounces, an increase of 52% from 1Q 2022 and the second-highest sales number in its history. The company also saw net income of $1.2 million on revenue of $16 million.

    Cordova also shared with Proactive the company set another monthly gold production record of 3,035 ounces of gold in May, with the gold recovery sitting at 88%. The company is looking to achieve a recovery rate exceeding 90% by the end of 2024.

    #proactiveinvestors #somagoldcorp #tsxv #soma #otc #smagf #mining #gold
    #ProductionRecord #GoldMining #MiningIndustry #CEOInterview #RecordBreaking #BusinessNews #GoldProduction #CompanyMilestones #EconomicGrowth #InvestmentOpportunity #FinancialSuccess #MiningStrike #CostEfficiency #ExplorationEfforts #MillRecovery #InvestorUpdates #MarketNews #MiningOperations #BusinessAchievements #CEOInsights #ProfitableVenture #CorporateSuccess #ResourceIndustry #SustainableGrowth #ShareholderValue
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Bens Creek Group CEO says “blip” now “dealt with”

    Bens Creek Group CEO says “blip” now “dealt with”



    Bens Creek Group PLC (AIM:BEN, OTC:BENCF) CEO Adam Wilson speaks to Thomas Warner from Proactive after announcing that the metallurgical coal producer expects to return to full production in August, following repairs to a damaged piece of equipment.

    Wilson explains that damage to a highwall miner combined with a downtick in global prices of metallurgical coal to create a temporary “blip” yesterday, but that the company has effectively “dealt with” the piece of damaged equipment and taken steps to secure working capital from existing investor Singapore-based Avani Resources.

    #ProactiveInvestors #BensCreek #CEOInterview #CoalIndustry #MetCoal #MiningNews #BusinessUpdates #ShareholderUpdate #EconomicChallenges #MarketTrends #ProductionDisruptions #MiningEquipment #WorkingCapital #MetCoalPricing #Profitability #Transparency #Recovery #BusinessAsUsual #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • The Proactive Crypto Roundup: The Irony of a banking crisis and crypto rally

    The Proactive Crypto Roundup: The Irony of a banking crisis and crypto rally



    Your weekly Proactive Crypto Roundup is back!

    This week Natalie Stoberman and William Farrington talk about:

    🟠 Bitcoin and Ethereum are ironically WAY up despite the current banking crisis
    🟠 The only two crypto-lenders Silvergate and Signature Banks have been wiped out within a week… Conspiracy or not?
    🟠 Can this “flight to quality” continue if the Fed’s raise interest rates again?

    Make sure to like, subscribe and get notified for daily crypto reports and to get a front row to the Proactive Crypto Roundup every Friday!

    #proactiveinvestors #cryptoroundup #cryptoreport #cryptoupdate #cryptocurrency #bitcoin #bitcointoday #bitcoinnews #bitcoinanalysis #ethereum #ethereumeth #silvergate #creditsuisse #siliconvalleybank #signaturebank #bankingcrisis #cryptobank #sec #secvscrypto #cryptostaking #stablecoin #binance #binancebusd #coinbase #coinbaseexchange #cryptoinvesting #cryptoinvestor #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Moab Minerals “ready to run” with Ghana lithium projects

    Moab Minerals “ready to run” with Ghana lithium projects



    Moab Minerals Ltd (ASX:MOM) Managing Director Malcolm Day speaks to Thomas Warner from Proactive after the exploration and development company announced it has invested in three Ghanian lithium projects.

    Day gives an overview of the announcement and what it means for Moab investors, saying that the company is “ready to run” with the opportunity.

    He also provides an update on progress at the REX Uranium-Vanadium Project located in the Uravan Mineral Belt of Colorado.

    #ProactiveInvestors #MoabMinerals #CEOInterview #LithiumProjects #Ghana #UraniumProject #Colorado #InvestmentOpportunity #MiningIndustry #BatteryMetals #RenewableEnergy #CarbonEmissions #Africa #ProactivInterview #MineralExploration #SustainableDevelopment #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • ShiftPixy CEO discusses AI-powered approach to revolutionizing gig economy employment

    ShiftPixy CEO discusses AI-powered approach to revolutionizing gig economy employment



    ShiftPixy CEO Scott Absher joins Natalie Stoberman from the Proactive studios to discuss how Artificial Intelligence technology is revolutionizing employment and the gig economy.

    Absher says the company uses artificial intelligence to curate jobs and find interested and curious workers. ShiftPixy’s primary focus is on industrial and medical staffing, as well as fast food, hospitality, and retail spaces. The company is expanding its ready-for-hire workforce through surgical means, such as bringing on national accounts and applying unique digital tools in new markets.

    #ProactiveInvestors #ShiftPixy #GigEconomy #EmploymentRevolution #AI #ArtificialIntelligence #Onboarding #NationalAccounts #FlexibleLabor #PartTimeJobs #FastFoodIndustry #HospitalityIndustry #RetailIndustry #JobSearch #ReadyForHire #DigitalTools #TechnologyPlatform #HumanCapital #EfficientWorkflow #EmploymentEnrollment #Chatbot #IBMWatson #NatalieSilberman #ProactiveStudios #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Quaero Capital’s Argonaut Fund marks 20th anniversary of investment in small and micro-caps

    Quaero Capital’s Argonaut Fund marks 20th anniversary of investment in small and micro-caps



    Quaero Capital chairman and portfolio manager Philip Best and portfolio manager Marc Saint John Webb take Proactive through the Argonaut Fund as it celebrates its 20th anniversary.

    The fund managers explain that the Argonaut Fund focuses on investing in small and micro-cap companies that are often overlooked by mainstream investors. They primarily target European markets, including the UK, identifying undervalued companies with strong balance sheets and attractive prices.

    While small and micro-cap stocks have fallen out of favour recently, partly due to recent market volatility, they believe there are many undervalued stocks available for investment. They emphasized the importance of a long-term investment approach and highlight potential themes such as private equity interest and trends in Europe’s industrial sector.

    #ProactiveInvestors #QuaeroCapital #ArgonautFund #InvestmentManagement #SmallCapInvesting #MicroCapInvesting #ValueInvesting #EuropeanMarkets #UndervaluedStocks #LongTermInvestment #MarketVolatility #PrivateEquity #ReshoringTrends #IndustrialSector #FundManagers #InvestmentOpportunities #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Viva Gold CEO discusses progress on Tonopah gold project in Nevada

    Viva Gold CEO discusses progress on Tonopah gold project in Nevada



    Viva Gold president and CEO Jim Hesketh joins Natalie Stoberman from the Proactive studios to share the latest progress from its Phase One reverse circulation drill program at its Tonopah gold project.

    Hesketh says the project is moving rapidly towards the commencement of a feasibility study, which is hoped to begin by the end of this year. He says that Viva Gold plans to de-risk the resource by turning it into a reserve, and diversify the project’s value proposition. The company anticipates a sizable uptick in the overall resource base after commencing a new resource estimate this summer.

    #VivaGoldCorp #TonopahProject #Exploration #Nevada #MiningIndustry #ResourceEstimate #FeasibilityStudy #EnvironmentalStudies #MetallurgicalTesting #MiningCountry #Infrastructure #OTCMarkets #Investing #GoldMining #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Centrex looking to ramp up production

    Centrex looking to ramp up production



    Centrex Ltd (ASX:CXM) chief financial officer Cormac Byrne speaks to Thomas Warner from Proactive about the latest developments at the Australian phosphate producer.

    Byrne gives an overview of the business, highlighting the passing of a significant milestone with the first commercial shipment to Asian markets.

    Looking ahead, Centrex aims to secure debt financing and ramp up production to 625,000 tons annually.

    #ProactiveInvestors #CentrexMetal #ArdmorePhosphateMine #CFOInterview #PhosphateIndustry #FertilizerSupply #MiningIndustry #AustraliaBusiness #ResourceDevelopment #FinancialStrategy #CompanyAchievements #FutureVision #DebtFinancing #ProductionRampUp #AsianMarkets #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Brave Bison looking to “connect the dots” between “thriving” business units

    Brave Bison looking to “connect the dots” between “thriving” business units



    Brave Bison (AIM:BBSN) Executive Chairman Oli Green and Chief Growth Officer Theo Green visit the Proactive London studio to speak with Thomas Warner about the latest developments at the media, marketing and technology company.

    Theo gives a summary of how the business has been performing in recent years, with reference to the final results for calendar year 2022 that were published back in April.

    He also provides an update on how February’s acquisition of Social Chain has played out so far.

    Oli gives his take on the operational side of the business, saying that the management team is keen to “connect the dots” between Brave Bison’s collection of “thriving” business units.

    #ProactiveInvestors #BBSN #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Europa Oil & Gas says 2023 results reveal significant progress, supported by Wressle oilfield

    Europa Oil & Gas says 2023 results reveal significant progress, supported by Wressle oilfield



    Europa Oil & Gas chief executive William Holland takes Proactiv’es Stephen Gunnion through the company’s financial and operation results for the year to July 31, 21023, which he said revealed significant progress.

    Despite a lower oil price and a weaker pound, the company reported steady revenue from operating activities of $6.7 million, supported by increased production from its flagship asset, the Wressle oilfield.

    Holland also discussed the company’s offshore operations in Ireland and progress with the Serenity discovery in the North Sea.

    Europa Oil & Gas is an AIM-listed exploration and production company focused on developing its balanced portfolio of assets in the North Sea and Atlantic Ireland, supported by revenue from onshore oil production in the UK.

    #ProactiveInvestors #EuropaOil&Gas #LSE #AIM #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Zynex makes Healthcare Technology Report’s Top 100 healthcare tech companies for 2nd straight year

    Zynex makes Healthcare Technology Report’s Top 100 healthcare tech companies for 2nd straight year



    Zynex Inc Founder and CEO Thomas Sandgaard joined Steve Darling from Proactive to share news the company has been recognized as one of the Top 100 Healthcare Technology Companies of 2023 by The Healthcare Technology Report. Zynex secured the 23rd spot on the list, marking its second consecutive appearance in the top 100.
    Sandgaard says this is the second year in a row that Zynex has received recognition in The Healthcare Technology Report’s top 100 list. In the previous year, the company was ranked 33rd. Zynex’s consistent presence on this prestigious list underscores its ongoing commitment to innovation and excellence in healthcare technology.
    The company has a focus on pain management and hospital monitoring products. While both divisions are important, the company’s primary revenue source lies in pain management, where they’ve maintained a successful business model for 27 years. Their pain management therapies are side-effect-free and covered by insurance companies, leading to impressive annual revenues, expected to exceed $200 million in the near future.
    The profitability of the pain management division enables Zynex to fund the development of products in the monitoring division. This financial strength and product diversity attract various types of investors, both retail and institutional. Zynex’s recent financial performance has been outstanding, with consistent growth and successful quarterly results, continually surpassing analyst estimates.Zynex’s future growth primarily hinges on its pain management division, with significant revenue expected in the coming years.

    #proactiveinvestors #zynexinc #nasdaq #zyxi #medical #medicalequipment #painmanagment #sepsis #MedicalDevices #HealthTech #PainManagement #HealthcareInnovation #CEOInterview #MedicalTechnology #InnovativeProducts #MedicalMonitoring #FinancialSuccess #InvestmentOpportunity #PatientCare #PulseOximetry #SepsisDetection #OpioidCrisis #PainTherapy #InsuranceCoverage #CompanyGrowth #TopHealthTech #TechInHealthcare #ProfitableCompany #MedicalInnovations #USHealthcare #GlobalExpansion #HealthcareAwards #ThomasSandgaard#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Atlantic Lithium reveals fresh hits at Ewoyaa in Ghana

    Atlantic Lithium reveals fresh hits at Ewoyaa in Ghana



    Atlantic Lithium Ltd’s (AIM:ALL, OTCQX:ALLIF, ASX:A11) interim chief executive Len Kolff speaks to Proactive following the publication of drill results from the Ewoyaa lithium project in Ghana. Intercepts from the in-fill holes included widths of more than 90m at grades of 1.5% lithium oxide (Li2O), while the step-out drill holes had also returned significant hits. Drilling in this latest programme will be included in a resource upgrade at the end of 2022 or in the early part of 2023.

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  • Sheffield Resources pursuing growth options beyond Thunderbird

    Sheffield Resources pursuing growth options beyond Thunderbird



    Sheffield Resources Ltd (ASX:SFX) executive chair Bruce Griffin visits the Proactive London studio to speak with Thomas Warner about progress at the company’s flagship Thunderbird mineral sands project.

    Griffin says that with Thunderbird fully funded through to production, now is the time to look closely at other potential growth options within mineral sands.

    #ProactiveInvestors #SFX #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Goldshore Resources releases positive drill results from a stepout hole at Moss Lake Project

    Goldshore Resources releases positive drill results from a stepout hole at Moss Lake Project



    Goldshore Resources CEO Brett Richards joined Steve Darling from Proactive to share news the company has shared results from 8 holes that were designed to infill historic but poorly surveyed drill sections in the Main Zone,
    Richards told Proactive the numbers came back very good with 29.05m@2.99g in 100m Down-dip Step-out.

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  • Northstar Gold Corp announces drilling has begun at Cam Copper Mine near Kirkland Lake, Ontario

    Northstar Gold Corp announces drilling has begun at Cam Copper Mine near Kirkland Lake, Ontario



    Northstar Gold Corp’s CEO, Brian Fowler, spoke with Steve Darling from Proactive to announce the commencement of a diamond drilling program at the historic Cam Copper Mine, situated southeast of Kirkland Lake, Ontario. This mine, which saw underground development activities between 1929 and 1953, boasts a 220-foot vertical shaft. Notably, historical drill results and Northstar’s recently disclosed surface sampling findings corroborate reports from the past regarding a 1955 shipment of 346 tons of underground ore, which yielded an impressive 43,411 pounds of copper at a Noranda smelter.

    Fowler revealed to Proactive that the drilling program aims to cover a distance of 700 meters, with a primary focus on identifying high-grade copper mineralization extensions near the surface within the Cam Copper Mine. The drilling operation is anticipated to conclude by the end of the current month. Northstar Gold Corp views this project as a highly promising endeavor, aligning harmoniously with its flagship Miller Property.

    Northstar’s strategic decision to explore Camp Copper reflects the current demand for copper commodities and a desire to leverage this opportunity. With capital secured, they are now actively drilling and pursuing their goals.Northstar Gold Corp continues to navigate the mining sector with determination and focus on high-grade resources, ensuring a promising future for the company.

    #proactiveinvestors #northstargoldcorp #cse #nsg #otcqb #nsgcf #mining #gold #invest #investing
    #CopperMining #NorthstarGoldCorp #Exploration #MineralResources #CEOInterview #HighGradeCopper #MiningIndustry #MineralExploration #KirklandLake #PreciousMetals #ResourceInvestment #Geology #MineralDeposits #Investing #MiningNews #Commodities #GoldMining #MineralExploration #DrillingOperations #CanadianMining #NaturalResources #MineralProspecting #CampCopperMine #ResourceExploration #InvestmentOpportunity
    #investor #stockmarket #stocks #stock #stockmarketnews

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  • Alkane highlights solid September quarter and new Boda resource progress

    Alkane highlights solid September quarter and new Boda resource progress



    Alkane Resources Ltd (ASX:ALK) managing director Nic Earner gives Proactive an overview of the company’s September quarter. Describing it as a solid period, he says the company’s met production guidance and the Tomingley Extension Project is well underway with the second vent rise completed at Roswell. Meanwhile, he says infill drilling occurred underground and surface works commenced for the Paste Plant. Earner adds that drilling at Boda and Kaiser continued through the quarter keeping the company on schedule to release the updated Boda resource in the current quarter.
    #ProactiveInvestors #ASX #AlkaneResources #gold #PreciousMetals #GoldExploration
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Peninsula Energy significantly expands US uranium portfolio

    Peninsula Energy significantly expands US uranium portfolio



    Peninsula Energy Ltd (ASX:PEN, OTCQB:PENMF) CEO Wayne Heili tells Proactive the company has expanded its US uranium portfolio with the newly established Dagger Project, just 20 kilometres northeast of its advanced-stage Lance Project in Wyoming. With an initial inferred mineral resource estimate of 6.9 million pounds of uranium at an average grade of 1,037 parts per million, the Dagger Project presents a compelling addition to Peninsula’s portfolio. The Dagger Project sits on an expansive 4,140 acres, contiguous with a historically successful uranium mining site.

    #ProactiveInvestors #PeninsulaEnergy #ASX #OTCQB #Uranium #Energy
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Proactive Crypto Report: Waiting Game for BlackRock’s Bitcoin ETF and Market Standstill

    Proactive Crypto Report: Waiting Game for BlackRock’s Bitcoin ETF and Market Standstill



    Welcome back to your proactive crypto report with Natalie Stoberman!

    Bitcoin maintains its sideways trading around $30,000 as the market eagerly awaits the SEC’s decision on BlackRock’s spot Bitcoin ETF. This anticipation has likely resulted in a standstill with investors potentially waiting on the sidelines for a new catalyzing event.

    The recent news of BlackRock refiling its spot Bitcoin ETF application after the SEC rejected its initial attempt last Friday has sparked hope. Positive feedback from the SEC could unleash a new wave of buying power for Bitcoin and potentially lead to increased market activity. If BlackRock receives the green light, it could pave the way for other institutions to launch their own crypto-related ETFs.

    Join us as we closely monitor this crypto waiting game and provide regular updates. Stay tuned for the latest developments in the cryptocurrency market. Thank you for watching, and we’ll be back soon with more!

    #ProactiveInvestors #ProactiveCryptoReport #CryptoReport #Bitcoin #bitcoinnews #bitcoinupdate #bitcoinprice #bitcoinBTC #BitcoinETF #SECApproval #CryptoMarketUpdate #BlackRock #WaitingGame #CryptocurrencyNews #InstitutionalInvestors #CryptoETFs #NatalieStoberman #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Nighthawk Gold looks to build on strong maiden PEA for Colomac Gold Project

    Nighthawk Gold looks to build on strong maiden PEA for Colomac Gold Project



    Nighthawk Gold Corp CEO Keyvan Salehi joined Proactive’s Stephen Gunnion with details of the maiden preliminary economic assessment (PEA) for the company’s flagship Colomac Gold Project, 200 kilometres north of Yellowknife in Canada’s Northwest Territories.

    Salehi said the PEA suggests the potential for a C$1.2 billion resource using a conservative gold price of US$1,600 per ounce.

    The company is planning a further 20,000- to 25,000-metre drill program for 2023 as it builds on that resource, with multiple targets yet to be explored at Colomac, he said.

    #ProactiveInvestors #NighthawkGold #GoldMining #MiningInvestment #CanadianMining #GreenstoneBelt #GoldExploration #ResourceExpansion #MiningJurisdiction #NorthwestTerritories #MiningHistory #Yellowknife #MiningHub #InvestingInMining #PreciousMetals #GoldPrices #GoldProduction #DrillingProgram #ExplorationTargets #MiningUpdates #MiningNews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #gold #nwt #inflation #goldstocks

    Links:
    https://nighthawkgold.com/
    https://www.instagram.com/nighthawkgoldcorp/
    https://twitter.com/NighthawkGold
    https://www.linkedin.com/company/nighthawk-gold-corp/?viewAsMember=true
    https://www.facebook.com/NighthawkGoldCorp

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  • Gold Terra Resources drill result from the Con Mine Project extends Campbell Shear

    Gold Terra Resources drill result from the Con Mine Project extends Campbell Shear



    Gold Terra Resources Chairman and CEO Gerald Panneton joined Steve Darling from Proactive to share news Gold Terra Resources’ latest drill hole successfully intersected over 60 meters of the gold-bearing Campbell Shear. The intersection occurred from a downhole depth of 2,075 to 2,135 meters. The drill hole was terminated at a final downhole depth of 2,228 meters from surface.
    The drill hole was specifically designed to test for gold mineralization beneath the Con Mine underground workings on the Con Mine Option Property. The company’s drilling efforts revealed a 30-meter intersection characterized by prominent quartz veining and sulphide mineralization. Visible gold was also observed in the drill core. Comparing this intersection with historic ones, Gold Terra Resources believes it indicates the continuation of gold mineralization within the shear below the former Con Mine.
    These drilling results are encouraging and suggest the potential for significant gold resources in the Campbell Shear, enhancing the prospectivity of Gold Terra Resources’ Con Mine Option Property.

    #proactiveinvestors #goldterraresourcescorp #tsxv #ygt #otcqx #ygtff #GoldMining #Exploration #CampbellShearZone #HighGradeGold #Mineralization #ResourceDiscovery #InvestmentOpportunity #GoldExploration #PreciousMetals #MiningIndustry #GoldInvesting #MineralResources #Geology #MiningNews #GoldStocks #MiningUpdate #GoldDeposit #GeologicalSuccess #GoldProspecting #InvestmentNews #ResourceInvestment #GoldDiscovery #MiningPotential #YellowknifeCam #MiningExploration#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Proactive Crypto Report: Binance vs SEC, Crypto exchange answering back by pausing $USD transactions

    Proactive Crypto Report: Binance vs SEC, Crypto exchange answering back by pausing $USD transactions



    Welcome back to your Proactive Crypto Report with Natalie Stoberman!

    From back-to-back lawsuits, asset freeze requests and other intimidation tactics, Binance is clapping back against the SEC and its allegations this week with bold movements and revelations.

    The American arm of the global crypto trading platform has announced that it will be pausing U.S. Dollar transactions as early as June 13th as it will strictly deal with crypto to mitigate issues with American banking partners.

    As if the battle between the regulatory body and the crypto exchanges isn’t heating up enough, Binance lawyers revealed an intriguing past connection between SEC Chair Gary Gensler and the Binance platform.

    Share your thoughts on this unfolding mess in the U.S. in the comments below. Stay tuned and join us for the next Proactive Crypto Report!

    #ProactiveInvestors #ProactiveCryptoReport #CryptoNews #SECLawsuit #BinanceUS #Coinbase #GaryGensler #GaryGenslerSEC #bitcoin #ethereum #usbanking #cryptotoday #CryptocurrencyMarket #RegulatoryActions #RippleLabsVsSEC #Ripple #RippleLabs #RippleXRP #XRPArmy #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Australian Potash outlines next steps for Lake Wells development

    Australian Potash outlines next steps for Lake Wells development



    Australian Potash Ltd (ASX:APC) managing director and CEO Matt Shackleton talks Proactive’s Elisha Newell through a company update, centred on its Lake Wells Sulphate of Potash Project in WA. APC is in preliminary discussions with third parties regarding strategic investment opportunities for Lake Wells, but it’s still early days as due diligence plays out. Separately, the national climate change and energy bureau has told APC it intends to assess the Lake Wells development over and above a state-led study, approved in February 2021. Shackleton outlines the company’s next steps as it navigates these requirements.
    #ProactiveInvestors #AustralianPotash #ASX #Potash #LakeWells
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • HydroGraph Clean Power seeing strong customer engagement for its “wonder material” graphene

    HydroGraph Clean Power seeing strong customer engagement for its “wonder material” graphene



    HydroGraph Clean Power CEO Stuart Jara joined Steve Darling from Proactive to share news the company has reported strong interest in its environmentally friendly, cost-effective processes for manufacturing high-purity graphene, hydrogen, and other strategic materials in bulk. These processes are characterized by minimal energy consumption, the absence of chemicals or solutions, and zero greenhouse gas emissions. Here are the key developments:
    Over the last quarter, HydroGraph Clean Power has seen significant interest from potential customers. The company has engaged with more than 55 potential customers and entered into 23 non-disclosure agreement (NDA) and testing agreements covering over 20 different applications. Additionally, 20 customers are currently conducting tests involving graphene in their end-user products.
    HydroGraph Clean Power’s customer pipeline includes some of the world’s largest energy, oil, and lubricant companies, as well as multinational plastics and composite firms. Furthermore, innovative startups in the field of energy storage have shown interest in the company’s offerings.
    Collaborative work with customers and partners is ongoing to validate the value proposition of HydroGraph graphene. Some examples of successful tests include a 47% increase in charge acceptance rate for lead-acid batteries, an 80% decrease in wear of mechanical parts using graphene-based lubricants, and a 27% increase in the compressive strength of cement.
    The company’s focus remains on announcing additional results in various applications, such as resins,composites, thermoplastics, lubricants, anti-static and anti-corrosion materials. HydroGraph Clean Power is also actively seeking additional partnerships to accelerate application development and advance discussions for the closure of its first major multi-year contract in 2024.
    HydroGraph Clean Power’s innovative and sustainable approach to materials manufacturing is gaining traction across various industries, offering promising solutions for enhancing performance and reducing environmental impact.

    #proactiveinvestors #hydrographcleanpowerinc #cse #hg #otcqb #hgcpf #graphene
    #CleanPower #Innovation #HydroGraph #MaterialsScience #Technology #WonderMaterial #Sustainability #IndustrialGases #GrapheneApplications #FutureTech #HighPurityGraphene #StrongerThanSteel #HarderThanDiamond #ConductiveMaterials #FlexibleMaterials #MaterialProperties #CompositeMaterials #CleanEnergy #BusinessDevelopment #ScalingProduction #MarketOpportunity #IndustryTrends #EcoFriendly #CarbonMaterials #HydroGraphCEO#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Traction Uranium Corp hits 6 metres of shallow radioactivity at Key Lake South Property

    Traction Uranium Corp hits 6 metres of shallow radioactivity at Key Lake South Property



    Traction Uranium Corp CEO Lester Esteban joined Steve Darling from Proactive to share news the company has released some details of its drilling program at the Key Lake South Property in northern Saskatchewan’s Athabasca Basin.

    Esteban telling Proactive the company has intersected a 6 metre zone of significant radioactivity encountered at shallow and near surface depth. The company says this supports its narrative of an “overburden hosted” uranium mineralization.

    #proactiveinvestors #tractionuraniumcorp #cse #trac #otc #trctf #mining #uranium #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Cematrix seeing big uptick on contracts securing 5.9 million dollars in new business

    Cematrix seeing big uptick on contracts securing 5.9 million dollars in new business



    Cematrix CEO Jeff Kendrick joined Steve Darling from Proactive to share news about the company that manufactures and supplies cellular concrete products developed from proprietary formulations for cement-based material. CEMATRIX’s cellulite concrete finds applications in backfilling overpasses, bridge abutments, tunnels, utility installations, and road underlays in unstable or seismic-prone soils. The company does not replace regular concrete but provides a better and cost-effective solution compared to other support materials.
    Kendrick telling Proactive the company has seen continued success in business development this year executed 5.9 million dollars in new contracts. The company says they have a backlog in contracts and 38.2 million dollars of the current backlog is scheduled for 2023. 34 million of the 2023 backlog is contracted and a portion of these contracts have already been placed in 2023.

    #proactiveinvestors #cematrixcorporation #tsxv #cvx #otcqb #ctxxf #concrete
    #InfrastructureConstruction #ConcreteSolutions #CelluliteConcrete #ConstructionMaterials #BuildingIndustry #InfrastructureProjects #CEMATRIXCEO #ConstructionInnovation #ConcreteTechnology #ConstructionGrowth #InfrastructureDevelopment #ConstructionMaterialsSupplier #ConcreteApplications #BuildingMaterials #CEMATRIXUpdates #ConstructionIndustryNews #CEMATRIXProjects #ConcreteBackfill #InfrastructureSolutions #ConstructionContracts #CEMATRIXSuccess #ConstructionProgress #ConcreteSupply #CEMATRIXAchievements #InfrastructureImprovement
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Livento Group says acquisition of movie and video games rights takes BOXO to the next level

    Livento Group says acquisition of movie and video games rights takes BOXO to the next level



    Livento Group, Inc. (OTC Pink: NUGN) CEO David Štýbr joins Proactive’s Stephen Gunnion with news that the company’s flagship BOXO Productions movie development business has acquired movie and video games rights for $32.25 million.

    Štýbr said the deal takes BOXO to the next level and its movie content library will increase and include 44 titles in various stages.

    He also discussed the AI and machine learning portfolio system Livento is developing and said the company remains on track for an uplift to the OTCQB market.

    #ProactiveInvestors #LiventoGroup #OTC #OTCQB #BOXOProductions #BOXO #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Oxford Technologies “proceeding forward as planned” after review meeting

    Oxford Technologies “proceeding forward as planned” after review meeting



    Oxford Technologies Holdings PLC (LSE:OCTP, OTCQB:OCTHF) CEO Clarissa Sowemimo-Coker speaks to Proactive after announcing that a Research Ethics Committee (REC) review meeting for its lead programme OCT461201 has now taken place.

    Sowemimo-Coker says the company is “proceeding forward as planned” and has “hit the ground running” in 2023.

    #ProactiveInvestors #OCTP #biotech #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Muzhu Mining Amends Option Agreement for Xiao Wa Gou Mining Property, Henan Province China

    Muzhu Mining Amends Option Agreement for Xiao Wa Gou Mining Property, Henan Province China

    2023-11-29 07:36:23

    Mr. James Sung Fu Tong reports:

    November 29, 2023 – TheNewswire – Vancouver, B.C.; Muzhu Mining Ltd., (CSE:MUZU) (“Muzhu” or the “Company”) is pleased to announce that it has entered into an amendment to the Option Agreement with Lingbao Yida Mining Co., Ltd., previously announced on November 23, 2021.

    Under the Option Agreement and the Amendment Agreement, Muzhu Mining Ltd., can earn up to an 80% interest in the Xiao Wa Gou (XWG) mining property by incurring $3 million in exploration and expenditures on the property over a 3-year period while also issuing three million seven hundred and fifty thousand (3,750,000) shares of Muzhu Mining Ltd., to Lingbao Yida Mining Co., Ltd. 

    Under the terms of the Amendment to the Option Agreement, Muzhu Mining Ltd can earn a 60% working interest in the XWG property upon completion of the following:

    • Incurring expenditures on the XWG property totaling $3,000,000 consisting of: (i) $500,000 prior to November 22, 2024; (ii) $1,000,000 prior to November 22, 2025; (iii) $1,500,000 prior to November 22, 2026. 

    • Issuing 3,750,000 Muzhu Mining Ltd., shares consisting of: (i) 250,000 shares prior to February 19, 2024; (ii) 1,000,000 shares prior to February 19, 2024; iii) 1,000,000 shares prior to February 20, 2025; and iv) 1,500,000 shares prior to November 22, 2026. 

    A further 20% interest in the XWG property can be granted to Muzhu Mining Ltd., upon an independent valuation report at any time after the 60% earn in Option Agreement has been fulfilled. 

    ON BEHALF OF THE BOARD OF DIRECTORS

    Dwayne Yaretz,

    CEO

    Muzhu Mining Ltd.

    Phone: 778-709-3398

    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

    Website: This email address is being protected from spambots. You need JavaScript enabled to view it.

    Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio of highly prospective projects at various stages of development. Muzhu currently holds 100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone Belt, approximately 75km South of Matagami, Quebec. As well, Muzhu has executed two option agreements to acquire up to 80% of the Silver, Zinc, Lead XWG and LMM Properties in the Henan Province located in China.

    Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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  • Cleantech Power’s latest CHP acquisition on path to create major pipeline of future projects

    Cleantech Power’s latest CHP acquisition on path to create major pipeline of future projects



    Cleantech Power CEO Frank Carnevale joins Natalie Stoberman from the Proactive newsroom to share its latest Combined Heat Power (CHP) assets and the impact this new acquisition has on the company’s growth and achieving positive EBITDA.

    Carnevale says the company is acquiring these assets worth over $12 million in two tranches and utilizing senior debt to reduce the equity required. Carnevale adds this acquisition is expected to contribute approximately $1.5 million in earnings annually which could accelerate the company’s goal of achieving positive EBITA in the coming quarters along with growing a pipeline of $150 million worth of CHP projects in the near future.

    #ProactiveInvestors #CleantechPower #CEOInterview #CleanEnergy #Sustainability #RenewableEnergy #CHPAssets #AcquisitionNews #PositiveEBIT #GreenTechnology #EnergyEfficiency #EnvironmentalImpact #FuelCellBusiness #CleanTechInnovation #FutureOfEnergy #GreenPower #CleanPower #BusinessGrowth #EnergyTransition #RenewableSolutions #ClimateAction #CleanTechLeadership #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Bear Creek Mining Announces Amendment of Equinox Gold Promissory Note

    Bear Creek Mining Announces Amendment of Equinox Gold Promissory Note

    2023-11-27 07:17:30

    Vancouver, British Columbia–(Newsfile Corp. – November 27, 2023) – Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (“Bear Creek” or the “Company”) announces that further to the Company’s news release dated October 19, 2023, the Company has entered into an amendment agreement (the “Amendment Agreement”) to amend the convertible promissory note (the “Note”) in the amount of US$26,632,458 (the “Principal Amount”) issued to Equinox Gold Corp. (“Equinox Gold”) on October 19, 2023.

    Pursuant to the Amendment Agreement, Equinox Gold’s conversion right under the Note will be amended (the “Amendment”) such that Equinox Gold may not exercise its right to convert that portion of the Principal Amount under the Note that, upon conversion into common shares of the Company (each, a “Common Share”), would result in Equinox Gold and its affiliates holding more that 19.99% of the total outstanding Common Shares on a non-diluted basis as of the date of such conversion.

    Pursuant to the Amendment Agreement, Equinox Gold is permitted to convert the entire Principal Amount under the Note in certain circumstances including for the purpose of participating in any offer to acquire securities pursuant to a takeover bid or statutory procedure, immediately prior to a change of control or following an event of default under the Note.

    All other provisions of the Note remain unchanged and in full force and effect. For more information regarding the terms and conditions of the Note, please refer to the Company’s news release dated October 19, 2023. The Note, as amended, is subject to final approval of the TSX Venture Exchange.

    On behalf of the Board of Directors,
    Eric Caba
    President & Chief Executive Officer

    For further information contact:
    Barbara Henderson – VP Corporate Communications
    Direct: 604-628-1111
    E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
    www.bearcreekmining.com

    Subscribe to Bear Creek Mining news

    Cautionary Statement Regarding Forward-Looking Information

    This news release contains forward-looking statements regarding: the conversion by Equinox Gold of the outstanding principal of the Note to Common Shares, the Company’s payment of the interest and principal due under the Note, the receipt of all required approvals for the Note and other statements regarding future plans, expectations, exploration potential, guidance, projections, objectives, estimates and forecasts as well as the Company’s expectations with respect to such matters. These forward-looking statements are provided as of the date of this news release, or the effective date of the documents referred to in this news release, as applicable, and reflect predictions, expectations or beliefs regarding future events based on the Company’s beliefs at the time the statements were made, as well as various assumptions made by and information currently available to them. In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including, but not limited to: the ability of the Company to make monthly interest payments and fund the repayment of the Note, the ability of Equinox Gold to convert the Principal Amount to Common Shares, and the ability of the Company to obtain final approval of the TSX Venture Exchange. Although management considers these assumptions to be reasonable based on information available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions on which they are based do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the expectations expressed in them. These risk factors may be generally stated as the risk that the assumptions expressed above do not occur, but specifically include, without limitation, risks relating to general market conditions and the additional risks described in the Company’s latest Annual Information Form, and other disclosure documents filed by the Company on its SEDAR+ page at www.sedarplus.ca. The foregoing list of factors that may affect future results is not exhaustive. Investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on behalf of the Company, except as required by law.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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  • Altamira Gold has a “huge opportunity to create a gold district”

    Altamira Gold has a “huge opportunity to create a gold district”



    Altamira Gold Corp. (TSX-V:ALTA, OTC:EQTRF) CEO Mike Bennett visits the Proactive London studio to speak with Thomas Warner about the “huge opportunity” the company is working on in central-western Brazil.

    He gives an overview of Altamira’s several projects in the area, saying that it has “a major’s portfolio in a junior company.”

    #ProactiveInvestors #AltamiraGold #CEOInterview #MiningIndustry #GoldExploration #BrazilMining #ResourceDiscovery #CopperPorphyry #InvestmentOpportunity #JuniorMiningCompany #ResourceExpansion #MiningProjects #DrillingProgram #MiningExploration #InvestingInGold #MiningStocks #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Proactive Crypto Report: Bitcoin Holds at $25K Amid Market Challenges

    Proactive Crypto Report: Bitcoin Holds at $25K Amid Market Challenges



    Welcome back to your proactive crypto report with Natalie Stoberman!

    Bitcoin is currently holding steady at $25,000, but it has experienced around six percent in losses for the month of June. Despite facing SEC lawsuits against major exchanges like Binance and Coinbase, which have added to liquidity issues in the market, Bitcoin has managed to avoid what many consider could have been a much more severe drop. However, some analysts believe that further decline is possible.

    Additionally, many top altcoins, including Polygon, XRP, Cardano, Solana, and Ethereum, have been hit hard this month, with double-digit losses. Ethereum, in particular, has fallen from $2,000 to $1,600. Stay tuned to discover what next week has in store for the crypto market. Thank you for watching, and we’ll see you soon!

    #ProactiveInvestors #ProactiveCryptoReport #CryptoNews #BitcoinUpdate #bitcoin #bitcoinnews #bitcointoday #bitcoinbtc #ethereum #ethereumeth #ethereumupdates #ethereumtoday #CryptocurrencyMarket #SECLawsuits #AltcoinPerformance #BitcoinPriceAnalysis #cardano #cardanoADA #XRPripple #XRParmy #PolygonMATIC #EthereumUpdate #CryptoMarketTrends #ProactiveCryptoReport #CryptocurrencyAnalysis #NatalieStoberman #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Ximen Mining Proposes Share Consolidation

    Ximen Mining Proposes Share Consolidation

    2023-11-22 17:18:56

    VANCOUVER, BC / ACCESSWIRE / November 22, 2023 / Ximen Mining Corp. (TSX.v:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the “Company” or “Ximen”)announces that it is proposing to consolidate the outstanding common shares of the Company (the “Shares“) on the basis of five (5) pre-consolidation Shares for one (1) post-consolidation Share (the “Consolidation“).

    Consolidation

    Management and the Board of Directors has concluded that the Consolidation is necessary and in the best interests of the Company. The Board believes that the proposed share consolidation is necessary to facilitate new equity investment in the Company, to finance continuing business activities and assist in its overall marketing efforts.

    The Consolidation will not change a shareholder’s proportionate ownership in the Company. Each Share outstanding after the Consolidation will be entitled to one vote and will be fully paid and non-assessable. There will be no name change in conjunction with the Consolidation.

    Under the terms of the proposed Consolidation, no fractional Shares will be issued as a result of the Consolidation as any fractional Shares created as a result of the Consolidation will be rounded up or down to the nearest whole number. There are currently 149,714,397 Shares issued and outstanding. Following the Consolidation, there will be approximately 29,942,879 Shares issued and outstanding, subject to treatment of fractional post-Consolidation Shares.

    The Consolidation is subject to approval by the TSX Venture Exchange.

    On behalf of the Board of Directors,

    “Christopher R. Anderson“

    Christopher R. Anderson,
    President, CEO and Director
    604 488-3900

    Investor Relations: 604-488-3900, This email address is being protected from spambots. You need JavaScript enabled to view it.

    About Ximen Mining Corp.

    Junior Mining Network

    Ximen Mining Corp. owns 100% interest in three of its precious metal projects located in southern BC. Ximen`s two Gold projects, The Amelia Gold Mine and The Brett Epithermal Gold Project. Ximen also owns the Treasure Mountain Silver Project adjacent to the past producing Huldra Silver Mine. Currently, the Treasure Mountain Silver Project is under an option agreement. The option partner is making annual staged cash and stocks payments as well as funding the development of the project. The company has also acquired control of the Kenville Gold mine near Nelson British Columbia which comes with surface and underground rights, buildings and equipment.

    Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, in the USA under the symbol XXMMF, and in Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XMA and WKN with the number as A2JBKL.

    Junior Mining Network

    This press release contains certain “forward-looking statements” within the meaning of Canadian securities This press release contains certain “forward-looking statements” within the meaning of Canadian securities legislation, including statements regarding the receipt of TSX Venture Exchange approval and the exercise of the Option by Ximen. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the possibility that the TSX Venture Exchange may not accept the proposed transaction in a timely manner, if at all. The reader is urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Ximen Mining Corp
    888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4

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  • Spearmint Resources Corporate Update – Junior Mining Network

    Spearmint Resources Corporate Update – Junior Mining Network

    2023-11-22 17:08:50

    Vancouver, British Columbia–(Newsfile Corp. – November 22, 2023) – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the “Company” or “Spearmint”) wishes to announce the Company has granted a total of 1,100,000 stock options to its directors, officers, and consultants at an exercise price of 5 cents per share for a period of 12 months. The Company also granted a total of 7,200,000 restricted share units (the “RSUs“) to its directors, officers, and consultants. The RSUs vest as follows: 40% on the date of grant, 20% on 3 months, 20% on 6 months, and 20% on 9 months. The options and the RSUs have been granted in accordance with the Company’s omnibus equity incentive plan and the policies of the Canadian Securities Exchange.

    About Spearmint Resources

    Spearmint’s projects include four projects in Clayton Valley, Nevada; the McGee lithium clay deposit, which has a resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE, directly bordering Pure Energy Minerals & Century Lithium Corp.; the Elon lithium brine project, which has access to some of the deepest parts of the only lithium brine basin in production in North America; the Green Clay lithium project comprising 97 contiguous claims totalling approximately 2,000 acres; and the Clayton Ridge project comprising 35 contiguous claims totalling approximately 721 acres.

    Spearmint’s other projects include the 777-acre Chibougamau project located in the direct vicinity of Lac Chibougamau, Quebec, and the Perron-East gold project consisting of five mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of Northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

    If you would like to be added to Spearmint’s news distribution list, please send your email address to This email address is being protected from spambots. You need JavaScript enabled to view it.

    Contact Information
    Tel: 1604646-6903
    www.spearmintresources.ca

    “James Nelson”
    President
    Spearmint Resources Inc.

    The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

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  • B2Gold Announces Positive Exploration Drilling Results from Inaugural Drilling Campaign at Back River Gold District in Nunavut and Provides an Update on Construction and Mining at Goose Project

    B2Gold Announces Positive Exploration Drilling Results from Inaugural Drilling Campaign at Back River Gold District in Nunavut and Provides an Update on Construction and Mining at Goose Project

    2023-11-21 17:11:59

    VANCOUVER, British Columbia, Nov. 21, 2023 (GLOBE NEWSWIRE) —  B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce positive exploration drilling results from its inaugural drilling campaign at the Back River Gold District in Nunavut and provide an update on construction and mining at the Goose Project.

    Exploration and Infill Drill Results Highlights

    • 23,605 meters (“m”) drilled in 77 holes as of the end of October 2023, with results received from 42 of the 77 holes
    • Exploration drilling intersected high-grade mineralization 110 m down plunge from the existing mineral resource boundary at the Goose Project’s Llama deposit
      • Drill hole 23GSE-626 returned 7.79 grams per tonne (“g/t”) over 22.00 m from 729.00 m, including a higher grade interval of 11.22 g/t over 14.40 m, at a vertical depth of 660 m, which tested a folded part of the structure 110 m down plunge from previous legacy drilling; and
      • This result demonstrates the continuity of gold grades and widths of these mineralized structures, and the Llama deposit remains open at depth.
    • Drill results for infill and mine development, received to date on the Goose Project’s Umwelt deposit confirm the continuity of high-grade mineralization, with several drill holes returning intercepts with higher gold grades and widths than predicted by the mineral resource model
      • Drill hole 23GSE-618 returned 14.28 g/t gold over 16.00 m from 248.00 m;
      • Drill hole 23GSE-620 returned 10.20 g/t gold over 19.00 m from 274.00 m;
      • Drill hole 23GSE-622 returned 17.14 g/t gold over 17.05 m from 191.00 m;
      • Drill hole 23GSE-625B returned 11.24 g/t gold over 24.15 m from 188.85 m; and
      • The results from these drill holes will be included into the upcoming Goose Project optimized life of mine plan.

    In the second quarter of 2023, B2Gold approved a US$20 million exploration budget for the balance of 2023 to complete approximately 25,000 m of drilling on the Back River Gold District, significantly higher than historical annual exploration expenditures. Drilling at the Goose Project began in early August 2023 with two drill rigs, testing the Llama deposit down-plunge for mineral resource confirmation and mineral resource expansion, and testing regional targets that were developed based on structural modelling and geophysical re-processing. The objective for drilling at the George Project was to test several targets over a strike length of 10 kilometers (“km”).

    As of the end of October 2023, B2Gold had completed 17,595 m of drilling over 51 drill holes on the Goose Project, and a further 6,010 m of drilling over 26 drill holes on the George Project.

    Figure 1. Back River Gold District Overview.Figure 1. Back River Gold District Overview.

    Goose Project Exploration

    The Goose Project consists of five known deposits with existing mineral resources, Umwelt, Llama, Goose, Echo and Nuvuyak, which occur along a strike length of 8 km. The Company believes that exploration upside exists on all known deposits that are open at depth, as well as several zones of interest that remain relatively untested within the footprint of the favorable host stratigraphy. Ongoing structural and data review will form the basis of an aggressive 2024 exploration season to drill test several zones of interest.

    As of October 31, 2023, assay results have been received from 16 of the 51 drilled holes at the Goose Project.

    At the Umwelt deposit, drilling was designed to confirm geometry and grade continuity of high-grade shoots below the planned open pits. Results received to date confirm the continuity of high-grade mineralization in the hinge and short limb of the Umwelt antiform and will provide critical information for underground mine design planning. Since the end of October, a further 17 drill holes are planned for completion in 2023.

    At the Llama deposit, which outcrops 1,500 m north of the Umwelt deposit, two holes were drilled, which have confirmed the extension of the structure at depth. Drill hole 23GSE-626 returned an impressive 7.79 g/t over 22.00 m from 729.00 m, including a higher grade intercept of 11.22 g/t over 14.40 m, and was designed to test the favorable stratigraphy 660 m vertically, and 110 m down plunge beyond previously reported inferred mineral resources. Drill hole 23GSE-614 returned high-grade narrow results on the less drilled east limb of the Llama deposit including 32.75 g/t gold over 2.05 m from 365.95 m.

    Significant 2023 drill results from the Goose Project include:

    HoleID Area From (m) To (m) Length (m) Au (g/t) Au (g/t) Capped1
    23GSE614 Llama Ext 365.95 368.00 2.05 32.75 29.33
    23GSE615 Umwelt 297.00 301.60 4.60 12.94 12.94
    23GSE616 Umwelt 290.53 298.42 7.89 16.44 16.44
    23GSE617 Umwelt 252.75 280.70 27.95 8.42 8.42
    Incl Umwelt 252.75 258.45 5.70 17.40 10.23
    and Umwelt 264.50 274.00 9.50 8.87 8.87
    23GSE618 Umwelt 248.00 264.00 16.00 14.28 11.13
    Incl Umwelt 254.00 255.00 1.00 100.50 50.00
    23GSE620 Umwelt 274.00 293.00 19.00 10.20 10.20
    Incl Umwelt 279.90 291.10 11.20 15.50 15.50
    23GSE621 Goose Met 38.00 49.20 11.20 14.92 12.92
    23GSE622 Umwelt 191.00 208.10 17.05 17.14 17.14
    Incl Umwelt 191.00 196.00 5.00 25.08 25.08
    and Umwelt 204.00 208.05 4.05 25.79 25.79
    23GSE623 Umwelt 288.95 304.00 15.05 7.20 7.20
    Incl Umwelt 288.95 296.75 7.80 12.64 12.64
    23GSE624 Umwelt 294.55 298.25 3.70 6.93 6.93
    23GSE625B Umwelt 188.85 213.00 24.15 11.24 9.78
    23GSE626 Llama Ext 729.00 751.00 22.00 7.79 6.16
    Incl Llama Ext 731.60 746.00 14.40 11.22 8.73

    Notes:

    1. Capped at 50 g/t gold
    2. Drill intercepts are perpendicular to the zones so true widths are very similar to reported drill lengths

    The Goose Project drill program will continue until mid-December 2023 to target high-grade plunging shoots at Umwelt. The drill program in 2024 will start late in the first quarter of 2024 and focus on drilling several zones on the Goose Project to expand known mineral resources and test new areas for mineral resource upside potential.

    George Project Exploration

    At the George Project, located 50 km northwest of the Goose Project, a 2023 spring and summer drill program tested multiple targets along a 10 km strike length to evaluate mineralization controls and upside potential with 6,010 m drilled over 26 drill holes.

    The George Project represents three sub-parallel zones of tightly folded banded iron formation that stretch over 20 km in strike length.

    Drill results from the 2023 campaign reflect similar widths and grades as those reported by previous operators, with several holes from the 2023 program extending mineralization along strike and between known zones of mineral resources. Drill hole 23GRL-216 returned encouraging results, intersecting 19.17 g/t gold over 7.50 m from 36.60 m, very close to surface between two known deposits (LCPS and LCPN). In the southwestern part of the belt in the GH area, drill holes 23GRL-207 and 23GRL-211 extended mineralization to the south of the existing mineral resource pit shell.

    Significant 2023 drill results from the George Project include:

    HoleID Area From (m) To (m) Length (m) Au (g/t) Au (g/t)
    Capped1
    23GRL201 TPN 152.33 154.40 2.07 18.70 18.70
    23GRL207 GH 43.60 49.10 5.50 4.69 4.69
    and GH 57.10 59.38 2.28 8.28 8.28
    23GRL208 LCPS 250.92 254.00 3.08 11.85 11.85
    and LCPS 268.00 271.00 3.00 5.91 5.91
    and LCPS 275.00 278.00 3.00 4.49 4.49
    23GRL211 GH 51.75 55.00 3.25 10.09 10.09
    23GRL216 LCPS 36.60 44.10 7.50 19.17 18.58
    23GRL217 Forest 104.00 105.80 1.80 8.39 8.39

    Notes:

    1. Capped at 40 g/t gold

    Quality Assurance/Quality Control on Sample Collection and Assaying

    The primary laboratory utilized for the Back River Gold District drilling program in 2023 is ALS laboratory in North Vancouver, Canada. Core samples are prepared at the ALS preparation facility in Yellowknife with representative pulp samples sent to the ALS North Vancouver laboratory for gold analysis. Gold is analyzed by a fire assay/atomic absorption spectrometry (FA/AAS) finish using a 50 gram subsample of the coin pulp. FAs were finished with AAS, and samples with higher grades that exceeded the maximum detection limit of AAS received a supplemental gravimetric (“GRAV”) finish. All samples over 3,000 parts per billion are analyzed by FA/GRAV using a 50 gram subsample of the coin pulp. Activation Laboratories Ltd. (Actlabs) in Kamloops, Canada, is the umpire laboratory.

    Quality assurance and quality control procedures include the systematic insertion of blanks and standards into the core sample strings. The results of the control samples are evaluated on a regular basis with batches re-analyzed and/or resubmitted as needed. All results stated in this announcement have passed B2Gold’s quality assurance and quality control protocols.

    Goose Project, Nunavut, Construction and Mining Update

    Construction at the Goose Project is progressing on track, with the project remaining on schedule for first gold pour in the first quarter of 2025. Open pit mining is underway at the Echo Pit and underground development work on the Umwelt deposit is ongoing.

    The first concrete pour was completed in July 2023 and concrete and steel work in the mill area to date are progressing ahead of schedule. Erection of the structural steel for the mill building, power house and truck shop is well underway, and cladding is advancing quickly on the mill building with the roof complete and over 50% of the building cladding completed. Cladding of both the power house and truck shop has begun. Enclosure of these three buildings will allow for work to continue through the colder months and remain on schedule. Additionally, it is expected that the ball mill will be set in place in December 2023, approximately six months ahead of schedule, allowing the focus for the start of 2024 to shift to piping and mechanical systems.

    In July 2023, Phase 1 of the accommodation complex opened, including sleeping quarters, office area, medical center, gymnasium, kitchens and water treatment. Phase 1 of the accommodation complex includes 310 beds at the permanent site location. In September 2023, the earthworks necessary to extend the airstrip to 5,000 feet were completed. The extension of the airstrip will allow large capacity, fully loaded passenger planes to land at the Goose Project throughout the 2024 construction campaign. In mid-October, the 2023 sealift was successfully completed, with a total of six ships received from global ports bringing a total shipping volume of 90,000 cubic meters of dry cargo and 24,000,000 liters of arctic grade diesel fuel to the Marine Laydown Area (“MLA”). The 2023 sealift included all planned material sealift materials required for the successful construction, commissioning and mining of the Goose Project.

    The 163 km winter ice road (“WIR”) between the MLA and the Goose Project is scheduled to operate between February and the end of April. The 2024 WIR construction team will mobilize to the MLA and Goose Project sites in early and mid-December 2023, with the construction of the 2024 WIR expected to begin in December 2023. At the MLA, preparations for the 2024 WIR are well underway, including maintenance and preparation of the WIR construction and haulage fleet and staging all materials for shipment on the WIR to the Goose Project site.

    Open pit mining of the Echo Pit is underway and will produce construction fill, stockpile ore and provide tailings storage capacity. Open pit mining of the Umwelt Pit will commence in the first quarter of 2024 and will produce much of the commissioning ore as well as future tailings storage. Underground development of the Umwelt deposit is also underway, currently at a depth of 142 vertical meters below surface. Breakthrough of the initial ventilation raise has been completed and development towards the ore zones is in progress with more than 2,100 meters of lateral development completed to date.

    B2Gold recognizes that respect and collaboration with the Kitikmeot Inuit Association (“KIA”) is central to the license to operate in the Back River Gold District and will continue to prioritize developing the project in a manner that recognizes Inuit priorities, addresses concerns, and brings long-term socio economic benefits to the Kitikmeot Region. B2Gold looks forward to continuing to build on its strong collaboration with the KIA and Kitikmeot Communities.

    About B2Gold

    B2Gold is a low-cost international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines, a mine under construction in northern Canada and numerous development and exploration projects in various countries including Mali, Colombia and Finland. B2Gold forecasts total consolidated gold production of between 1,000,000 and 1,080,000 ounces in 2023.

    Qualified Persons

    Brian Scott, P. Geo., Vice President, Geology & Technical Services, a qualified person under NI 43-101, has approved the scientific and technical information related to exploration and mineral resource matters contained in this news release.

    ON BEHALF OF B2GOLD CORP.

    “Clive T. Johnson”                                        
    President and Chief Executive Officer                                                                      

    The Toronto Stock Exchange and NYSE American LLC neither approve nor disapprove the information contained in this news release.  

    Production results and production guidance presented in this news release reflect total production at the mines B2Gold operates on a 100% project basis. Please see our Annual Information Form dated March 16, 2023 for a discussion of our ownership interest in the mines B2Gold operates.

    This news release includes certain “forward-looking information” and “forward-looking statements” (collectively forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation, including: projections; outlook; guidance; forecasts; estimates; and other statements regarding future or estimated financial and operational performance, gold production and sales, revenues and cash flows, and capital costs (sustaining and non-sustaining) and operating costs, including projected cash operating costs and AISC, and budgets on a consolidated and mine by mine basis, which if they occur, would have on our business, our planned capital and exploration expenditures; future or estimated mine life, metal price assumptions, ore grades or sources, gold recovery rates, stripping ratios, throughput, ore processing; statements regarding anticipated exploration, drilling, development, construction, permitting and other activities or achievements of B2Gold; and including, without limitation: B2Gold’s continued prioritization of developing the Goose Project in a manner that recognizes Indigenous input and concerns and brings long-term socio-economic benefits to the area; the Goose Project capital cost being approximately C$800 million, and total capital expenditures including the accelerated underground development costs being C$890 million; the capital cost to complete the Goose Project being approximately C$550 million; the Goose Project producing more than 300,000 ounces of gold per year for the first five years and the Umwelt crown pillar containing over 150,000 ounces of gold; and the potential for first gold production in the first quarter of 2025 from the Goose Project. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.

    Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond B2Gold’s control, including risks associated with or related to: the volatility of metal prices and B2Gold’s common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving production, cost or other estimates; actual production, development plans and costs differing materially from the estimates in B2Gold’s feasibility and other studies; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; the ability to replace mineral reserves and identify acquisition opportunities; the unknown liabilities of companies acquired by B2Gold; the ability to successfully integrate new acquisitions; fluctuations in exchange rates; the availability of financing; financing and debt activities, including potential restrictions imposed on B2Gold’s operations as a result thereof and the ability to generate sufficient cash flows; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Mali, Namibia, the Philippines and Colombia and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; the lack of sole decision-making authority related to Filminera Resources Corporation, which owns the Masbate Project; challenges to title or surface rights; the dependence on key personnel and the ability to attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation risk; competition with other mining companies; community support for B2Gold’s operations, including risks related to strikes and the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security threats; the ability to maintain adequate internal controls over financial reporting as required by law, including Section 404 of the Sarbanes-Oxley Act; compliance with anti-corruption laws, and sanctions or other similar measures; social media and B2Gold’s reputation; risks affecting Calibre having an impact on the value of the Company’s investment in Calibre, and potential dilution of our equity interest in Calibre; as well as other factors identified and as described in more detail under the heading “Risk Factors” in B2Gold’s most recent Annual Information Form, B2Gold’s current Form 40-F Annual Report and B2Gold’s other filings with Canadian securities regulators and the U.S. Securities and Exchange Commission (the “SEC”), which may be viewed at www.sedar.com and www.sec.gov, respectively (the “Websites”). The list is not exhaustive of the factors that may affect B2Gold’s forward-looking statements.

    B2Gold’s forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to B2Gold’s ability to carry on current and future operations, including: development and exploration activities; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; B2Gold’s ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the price and market for outputs, including gold; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.

    B2Gold’s forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. B2Gold does not assume any obligation to update forward-looking statements if circumstances or management’s beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities B2Gold will derive therefrom. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.

    Cautionary Statement Regarding Mineral Reserve and Resource Estimates

    The disclosure in this news release was prepared in accordance with Canadian National Instrument 43-101, which differs significantly from the requirements of the United States Securities and Exchange Commission (“SEC”), and resource and reserve information contained or referenced in this news release may not be comparable to similar information disclosed by public companies subject to the technical disclosure requirements of the SEC. Historical results or feasibility models presented herein are not guarantees or expectations of future performance.

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  • United Lithium says Bureau of Land Management in U.S. has ok’s 508 staked claims in South Dakota

    United Lithium says Bureau of Land Management in U.S. has ok’s 508 staked claims in South Dakota



    United Lithium CEO Michael Dehn joined Steve Darling from Proactive to share news the US Bureau of Land Management has now confirmed the validity of 508 unpatented lode mining claims in the vicinity of Custer, South Dakota.

    Dehn telling Proactive in relation to unpatented mining claims, the process is very competitive so the BLM reviews the timing, staking procedures and proper filing of claim notices to recognize the validity of the mining claims. This area covers nearly 40 sq. km.

    #proactiveinvestors #unitedlithiumcorp #cse #otcqb #lithium

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  • Purepoint Uranium Enters into Option Agreement with Foran Mining for Denare West Project

    Purepoint Uranium Enters into Option Agreement with Foran Mining for Denare West Project

    2023-11-20 12:03:50

    Toronto, Ontario–(Newsfile Corp. – November 20, 2023) – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (the “Company” or “Purepoint“) today announced that it has entered into an option agreement (the “Option Agreement“) with a wholly-owned subsidiary of Foran Mining Corporation (TSX: FOM) (“Foran”) pursuant to which Purepoint granted options to Foran to acquire up to 100% interest in Purepoint’s Denare West Project located in east-central Saskatchewan, approximately 55 kilometres west-southwest of Flin Flon, Manitoba (the “Property“). The Property is adjacent to and on trend with Foran’s McIlvenna Bay project.

    Concurrently with the execution of the Option Agreement, Foran has agreed to invest $350,000 in a non-brokered private placement of 7,000,000 common share units (each, a “Unit“) of Purepoint at a price of $0.05 per Unit (the “Private Placement“). Each Unit is comprised of one common share of Purepoint and one common share purchase warrant exercisable at a price of $0.07 per share for a term of two years from the date of issue. The closing of the Private Placement is subject to approval by the TSXV. Purepoint intends to use the net proceeds of the Private Placement for general working capital purposes.

    “We are excited to contribute to the Foran narrative, particularly their development of the region’s largest undeveloped VHMS deposit. We look forward to the work they will be carrying out on the Denare West property and its potential to add value to this already significant mining project.” said Chris Frostad, President & CEO of Purepoint. “We also appreciate Foran’s investment in the equity of our company as part of this transaction and mutual exposure to our respective efforts here in Saskatchewan.”

    Pursuant to the Option Agreement,

    • Foran has been granted the option (the “First Earn-in Option“) to acquire a 51% beneficial interest in the Property by incurring a total of $3,000,000 in qualifying exploration expenditures (“Expenditures“) on the Property over a period of up to four years from the effective date of the Option Agreement (the “First Expenditure Period“).
    • Following the exercise of the First Earn-in Option, Foran will have the option (the “Second Earn-in Option“) to acquire an additional 29% beneficial interest in the Property by incurring an additional $3,000,000 in Expenditures on the Property over a period of up to two years following the end of the First Expenditure Period.
    • Following the exercise of the Second Earn-in Option, Foran will have the final option to acquire the remaining 20% interest in the Property by making a payment in the amount of $10,000,000 (the “Final Purchase Option Price“) to Purepoint and granting a 2% net smelter returns royalty (“NSR“) to Purepoint.
    • Foran has a multi-stage option to buy back the NSR royalty from Purepoint: initially, it can repurchase 1% NSR for $1,000,000 (the “First Royalty Option“) at any time before deciding to operate a mine commercially on the Property. Following this, subject to exercising the First Royalty Option and after 60 months of NSR payments, it has the option (the “Second Royalty Option“) to buy an additional 0.5% NSR for another $1,000,000. Finally, after 120 months of NSR payments and exercising the Second Royalty Option, it can acquire the remaining 0.5% NSR for $1,000,000 (the “Final Royalty Option Price“).
    • Subject to the stock exchange approval and satisfaction of certain other conditions set out in the Option Agreement, Foran may pay the Final Purchase Option Price, the First Royalty Option Price, the Second Royalty Option Price and the Final Royalty Option Price by issuing common shares (“Foran Shares“) to Purepoint at a deemed price per share that is equal to the 20-trading day volume weighted average price of Foran Shares immediately preceding the date of the notice of exercise of the applicable option.
    • At the end of the earn-in phases, if Foran does not elect to acquire Purepoint’s remaining interest in the Property, Foran and Purepoint will form a joint venture (the “Joint Venture“) whereby Foran will fund all operations of the Joint Venture until it completes a pre-feasibility study with respect to the Property.

    Figure 1: Denare West Project LocationJunior Mining Network

    Figure 2: Compilation Map of Denare West Project showing 2022 Vertical Gravity ResultsJunior Mining Network

    The transactions contemplated in the Option Agreement constitute a “Reviewable Transaction” under the policies of the TSXV and remain subject to approval by the TSXV. The Option Agreement shall become effective upon closing of the Private Placement and receipt of all requisite approvals from the TSXV.

    About Purepoint

    Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) actively operates a uranium exploration pipeline of nine advanced projects in Canada’s Athabasca Basin. In addition to its flagship joint venture project at Hook Lake with partners Cameco and Orano and a second joint venture with Cameco at Smart Lake, Purepoint also holds seven 100% owned projects with proven uranium rich targets. With an aggressive exploration program underway on multiple projects, Purepoint is emerging as the preeminent uranium explorer in the world’s richest uranium district.

    About Foran Mining

    Foran Mining is a copper-zinc-gold-silver exploration and development company, committed to supporting a greener future, empowering communities and creating circular economies which create value for all its stakeholders, while also safeguarding the environment. The McIlvenna Bay Project is located entirely within the documented traditional territory of the Peter Ballantyne Cree Nation. Foran Mining also owns the Bigstone Project, a resource-development stage deposit located 25km southwest of its McIlvenna Bay project.

    McIlvenna Bay is a copper-zinc-gold-silver rich VHMS deposit intended to be the centre of a new mining camp in a prolific district that has already been producing for 100 years. McIlvenna Bay sits just 65km West of Flin Flon, Manitoba and is part of the world class Flin Flon Greenstone Belt that extends from Snow Lake, Manitoba, through Flin Flon to Foran Mining’s ground in eastern Saskatchewan, a distance of over 225km.

    McIlvenna Bay is the largest undeveloped VHMS deposit in the region. Foran Mining announced the results from its feasibility study on February 28, 2022, outlining that current mineral reserves would potentially support an 18-year mine life producing an average of 65 million pounds of copper equivalent annually. Foran Mining filed a NI 43-101 Technical Report for the McIlvenna Bay Feasibility Study on April 14, 2022. And its NI 43-101 Technical Report for the Bigstone Deposit resource estimate on February 11, 2022. Investors are encouraged to consult the full text of these technical reports which may be found under Foran’s profile on www.sedarplus.ca.

    For further information please contact:

    Purepoint Uranium Group Inc.
    Chris Frostad, President and CEO
    (416) 603-8368
    This email address is being protected from spambots. You need JavaScript enabled to view it.
    www.purepoint.ca

    THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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  • Proactive Crypto Report: SEC lawsuits shake crypto market, Binance U.S. & Coinbase under fire

    Proactive Crypto Report: SEC lawsuits shake crypto market, Binance U.S. & Coinbase under fire



    The SEC is sending shockwaves throughout the crypto industry with two lawsuits on U.S. crypto exchanges in one week.

    Binance U.S. and now Coinbase crypto exchanges are being sued by the SEC on grounds of allegedly violating securities regulations. In what’s shaping up to be a dark week in American cryptocurrency, Coinbase stocks have tumbled by 16 percent since the Tuesday morning filing along with Bitcoin sliding even further to the $25,000 range.

    Remember to like this video, subscribe to our channel for more updates, and share your thoughts in the comments section below. Stay tuned for more Proactive Crypto updates!

    #ProactiveCryptoReport #CryptoNews #SEC #BinanceUS #Coinbase #SecuritiesViolations #CryptoIndustry #Bitcoin #Cryptocurrency #bitcoinnews #bitcoinnewstoday #btc #cryptolawsuit #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Medicus Pharma CEO rings opening bell at the Toronto Stock Exchange

    Medicus Pharma CEO rings opening bell at the Toronto Stock Exchange



    Medicus Pharma executive chairman and CEO Dr Raza Bokhari joined Steve Darling from Proactive fresh from ringing the opening bell at the Toronto Stock Exchange.
    This after the company recently listed its common shares on the TSX Venture exchange under the ticker MDCX.
    Medicus Pharma is dedicated to accelerating novel life sciences and biotechnology companies by advancing them through FDA-approved clinical trials. The company specializes in de-risking clinical-stage assets through clinical development and eventual commercialization.
    Medicus Pharma has a subsidiary called Skinject, which is focused on commercializing a novel, non-invasive treatment for basal cell and squamous cell skin cancer. Skinject employs a patented dissolvable microneedle patch to deliver a chemotherapeutic agent that targets and eradicates tumor cells effectively.
    The company recently welcomed Dr Huma Qamar as its chief scientific officer and head of R&D Program.
    Dr Qamar brings a wealth of experience in the clinical research field, having worked with prestigious institutions such as Yale University, Harvard University, and the University of Pennsylvania.
    Medicus Pharma’s listing on the TSX Venture Exchange represents a significant step forward for the company as it continues its mission to advance innovative therapies and treatments in the field of life sciences and biotechnology.

    #proactiveinvestors #medicuspharmaltd #tsxv #mdcx #fda #clinicaltrials #BiotechInnovation #HealthcareInvestment #MedicalResearch #SkinCancerTreatment #MedicalAdvancements #RazaBukhari #TSXListing #ClinicalStageTherapies #MedicalScience #HealthcareTech #InnovativeMedicine #FDAApproval #MedicalInnovation #LifeSciences #Biotechnology #HealthcareIndustry #InvestmentOpportunities #CancerResearch #ScienceBreakthroughs #MedicalDevelopment #PublicListing #RnD #DrugPipeline #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Sierra Metals: Invitation to 121 Mining Investment London

    Sierra Metals: Invitation to 121 Mining Investment London

    2023-11-15 21:34:11

    Toronto, Ontario–(Newsfile Corp. – November 15, 2023) – Sierra Metals Inc (TSX: SMT) (OTC PINK: SMTSF) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in London.

    121 Mining Investment London will be hosting over 175 mining companies and more than 500 sophisticated investors for two days of pre-arranged, targeted 1-2-1 meetings.

    Alongside the curated schedule of pre-booked meetings matching investors with appropriate projects, the conference programme will provide expert commentary and the latest market intelligence on key industry developments.

    This year’s event is being held on November 20-21.

    Any investors who would like to attend 121 Mining Investment London can register for a free pass here: https://hubs.la/Q026gbp80

    About 121 Mining Investment

    The 121 Mining Investment global event series connects portfolio managers and analysts from institutional funds, private equity groups and family offices with mining company management teams for 1-2-1, private in-person meetings.

    121 Mining Investment has an ever-expanding global portfolio, currently covering London, New York, Cape Town, Las Vegas, Frankfurt, Sydney, Singapore and Hong Kong, as well as online editions throughout the year.

    About Sierra Metals Inc

    Sierra Metals is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico. The Company is intent on safely increasing production volume and growing mineral resources. Sierra Metals has recently had several new key discoveries and still has many more exciting brownfield exploration opportunities in Peru and Mexico that are within close proximity to the existing mines. Additionally, the Company has large land packages at each of its mines with several prospective regional targets providing longer-term exploration upside and mineral resource growth potential.

    For additional Information, please contact:

    Sierra Metals Inc
    Investor Relations
    +1 416 366 7777
    This email address is being protected from spambots. You need JavaScript enabled to view it.
    www.SierraMetals.com

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  • FTSE edges higher as week draws to a close; NatWest sinks on lowered guidance – Market Report

    FTSE edges higher as week draws to a close; NatWest sinks on lowered guidance – Market Report



    The FTSE 100 approached the weekend on the back foot following what’s been a muted week for London’s lead index.

    All eyes were on NatWest group though, which delved into third-quarter earnings after a week of intense scrutiny over its handling of the Nigel Farage ‘debanking’ scandal.

    Aside from laying out higher profit and lower margins, NatWest backed the closure of Farage’s Coutts account earlier this year as lawful, but admitted to “serious failings” in his treatment.

    In other news, British Airways owner IAG announced its best-ever third-quarter results this morning, with a 43% jump in operating profit coming on the back of returning travel demand.

    Digital challenger bank Monzo is reportedly in talks to raise £300 million as part of fundraising plans ahead of a possible IPO.

    And finally, across the Atlantic, Ford is set to scale back its electric vehicle investment plans by billions of dollars based on customer demand.

    #ProactiveInvestors #marketreport #FTSE #ftse100 #NatWest #nigelfarage #iag #britishairways #monzo #ford #electricvehicle #ev #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Newrange Gold to join forces with Mithril Resources

    Newrange Gold to join forces with Mithril Resources



    Newrange Gold Corp. (TSX-V:NRG, OTCQB:NRGOF) President & CEO Bob Archer and Mithril Resources Ltd (ASX:MTH) Managing Director & CEO John Skeet visit the Proactive London studio to speak with Thomas Warner about their plans to combine the two exploration companies in a new Americas-focused precious metals exploration & development company.

    The merger will be achieved through an RTO, with Newrange acquiring all of ASX-listed Mithril Resources’ shares.

    Subject to approval, the new combined enterprise will be called Pinnacle Silver and Gold Corp

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  • Eros Resources Announces Agreement with Lincoln Gold Mining to Sell Bell Mountain Project

    Eros Resources Announces Agreement with Lincoln Gold Mining to Sell Bell Mountain Project

    2023-11-12 10:12:19

    VANCOUVER, BC, Nov. 12, 2023 /CNW/ – Eros Resources Corp. (“Eros”) (TSXV: ERC) and Bell Mountain Exploration Corp. (“BMEC” and together with Eros, the “Company”), a wholly-owned subsidiary of Eros, reports that it has entered into an agreement with Lincoln Gold Mining Inc. (“Lincoln” or the “Byer”) (TSXV: LMG) and Lincoln Resource Group Corp., a wholly-owned subsidiary of the Company, to sell all of the assets that comprise the Bell Mountain project (the “Project” or “Bell Mountain”) located in Churchill County, Nevada (the “Transaction”).

    Transaction Terms

    Under the terms of the purchase agreement, Lincoln has agreed to issue to either BMEC or Eros, as directed by Eros, (a) 3,000,000 common shares in the capital of the Company (“Shares”) on the closing date of the Transaction (the “Closing Date”), and (b) 1,500,000 Shares within five business days of the date on which Lincoln completes any issuance of Shares, the result of which is that there are at least 28,500,000 Shares issued and outstanding. Following the Closing Date, one of Eros or BMEC will be an insider of the Company.

    Lincoln Resource Group Corp. will also grant to BMEC a net profits interest of 7.5% of the net returns from gold and silver produced or extracted from the Project up to a maximum amount of US$2,000,000. No finder’s fees will be paid in connection with the Transaction.

    “How best to move the Bell Mountain Project forward has beena key focus of the Company for some time and the strategic impact of this transaction has been meticulously considered. As a part of the proposed transaction, Lincoln assumes responsibility  for the entirety of the capital required to initiate production at Bell Mountain, which materially reduces the financial and dilutive strain on Eros and allows the company to continue focusing on trading within its marketable securities portfolio. This deliberate allocation of funds highlights Eros’ commitment to judicious resource management and its emphasis on creating value for its shareholders.” commented  Andrew Davidson, CFO of Eros

    The closing of the Transaction remains subject to the satisfaction of customary closing conditions for a transaction of such nature, including acceptance by the TSX Venture Exchange (the “Exchange”). The Transaction will be an arm’s length transaction under Exchange policies.

    “The leadership team at Eros is enthusiastic about the potential of this strategic initiative, confident that the shift to a holding company structure and the partnership with Lincoln will open up fresh avenues for growth, ultimately strengthening the company’s standing in the mining sector.” further added Ronald Netolitzky, CEO of the Company.

    About Bell Mountain Project

    The Project is located in Churchill County, Nevada, approximately a three hour drive south-east from Reno. Bell Mountain has excellent access and is in a mining friendly county.

    Lincoln is very familiar with the Project as it was part of Lincoln’s group of projects several years ago, until it was optioned and sold to Eros. The Project is made up of 174 unpatented lode claims and is under the jurisdictions of the Bureau of Land Management and the State of Nevada. Bell Mountain is 100% controlled by Eros and has a gold and silver resource. The Project has all major permits in place to advance it through construction and into operations.

    Bell Mountain is only a two hour drive from Lincoln’s Pine Grove project, located in Lyon County, Nevada. The properties are close enough in distance so that one team of management, engineering, environmental, cultural, and administrative personnel could operate both properties and one recovery plant could handle both projects. Both projects are advanced-stage gold exploration projects with established resources and both projects have significant exploration potential. All these factors will help reduce overall capital and operating costs and will make for an exciting operating plan. For further details on Bell Mountain, please see the Company’s website at https://www.erosresourcescorp.com/active-projects.

    .About Lincoln

    Lincoln Gold Mining Inc. is an advanced-stage gold mine exploration and development company holding a 100% interest in the Pine Grove Gold Project, in the Walker Lane structural zone of western Nevada. The Company has prepared a preliminary economic assessment of the Pine Grove Gold Project pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Lincoln holds its interests in the US projects through its wholly owned subsidiaries,Lincoln Resource Group Corp. and Lincoln Gold US Corporation, both Nevada corporations.

    About Eros

    Eros Resources Corp. is a Canadian public company listed on the Toronto Venture Exchange. The Company’s business objective is the identification, acquisition, and exploration of advanced-stage projects with a North American focus. In addition, the Company plans to make strategic investments with a global focus on a diverse commodity base. Eros management’s expertise supports this strategy.

    Forward Looking Statements

    This release includes forward-looking statements regarding EROS and its business. Such statements are based on the current expectations and views of future events of EROS’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the amendment of the Warrants, known and unknown risk factors and uncertainties affecting EROS, including risks regarding the resource industry, economic factors and the equity markets generally and many other factors beyond the control of EROS. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and EROS undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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  • Elixir Energy moves on green hydrogen vision with Gobi H2 dataset

    Elixir Energy moves on green hydrogen vision with Gobi H2 dataset



    Elixir Energy Ltd Ltd (ASX:EXR) managing director Neil Young walks Proactive’s Elisha Newell through the latest renewable energy data for the Gobi H2 green hydrogen project in Mongolia. The bankable dataset, coupled with Gobi’s proximity to to the world’s largest energy importing market, is a key determinant in the project’s quality. Young says ongoing work at Gobi H2 continues to demonstrate the potentially world-class nature of this asset.

    #ProactiveInvestors #ElixirEnergy #ASX #GreenHydrogen #Mongolia
    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Else Nutrition targets FDA approval as it eyes news markets for its plant-based infant nutrition

    Else Nutrition targets FDA approval as it eyes news markets for its plant-based infant nutrition



    Else Nutrition CEO Hamutal Cohen Yitzhak tells Proactive’s Stephen Gunnion that a number of catalyst lie ahead for the company this year, including the launch of its ‘ready-to-drink’ infant nutrition in the US, its entry to the UK market as a starting point for Europe and Australia as a gateway to China.

    Importantly, she said the company remains on track to begin its infant growth clinical study for the FDA and European permits. Receiving FDA approval is a very high priority for Else Nutrition, as it believes that becoming the first non-dairy and non-soy FDA-approved infant formula will be transformational.

    Yitzhak also commented on Else’s first-quarter results, which showed an 80% year-over-year increase in revenue to $2.9 million.

    #ProactiveInvestors #ElseNutrition #PlantBasedFormula #BabyNutrition #DairyFree #CleanEating #InfantHealth #NutritionForKids #HealthyChoices #NaturalIngredients #BabyFormula #HealthAndWellness #HealthyLiving #PlantPowered #VeganBaby #NutritionalSupplements #HealthyStart #ParentingTips #ChildHealth #HealthyKids #PlantBasedLiving #HealthRevolution #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Collective Mining Appoints Angela María Orozco Gómez as Non-Executive Director

    Collective Mining Appoints Angela María Orozco Gómez as Non-Executive Director

    2023-11-08 07:06:09

    TORONTO, Nov. 8, 2023 /CNW/ – Collective Mining Ltd. (TSX: CNL) (OTCQX: CNLMF) (“Collective” or the “Company”) is pleased to announce the appointment of Angela María Orozco Gómez as a Director of the Company.

    “On behalf of the Board of Directors, I would like to welcome Angela to the Collective team,” stated Ari Sussman, Executive Chairman. “Angela is a proven executive with the right mix of public and private senior level experience that will complement our board and we look forward to working with her in advancing our projects.”

    Mrs. Orozco Gómez is a seasoned executive with over 30 years of government and international experience. Most recently, Mr. Orozco Gómez was the Minister of Transport and Infrastructure, Colombia where she led various initiatives that secured public and private investments in the transportation and infrastructure industries. Mrs. Orozco Gómez has also been a partner in various private ventures that helped to represent industries in international trade disputes.

    The appointment is effective immediately. Mrs. Orozco Gómez will be nominated for election at the Company’s next Annual General Meeting.

    About Collective Mining Ltd.

    To see our latest corporate presentation and related information, please visit www.collectivemining.com. 

    Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value, Collective Mining is a copper, silver, and gold exploration company with projects in Caldas, Colombia. The Company has options to acquire 100% interests in two projects located directly within an established mining camp with ten fully permitted and operating mines. 

    The Company’s flagship project, Guayabales, is anchored by the Apollo target, which hosts the large-scale, bulk-tonnage and high-grade copper-silver-gold Apollo porphyry system. The Company’s near-term objective is to drill the shallow portion of the porphyry system, continue to expand the overall dimensions of the system, which remains open in most directions and test newly generated grassroots targets. 

    Management, insiders and close family and friends own nearly 45% of the outstanding shares of the Company and as a result, are fully aligned with shareholders. The Company is listed on the TSX under the trading symbol “CNL” and on the OTCQX under the trading symbol “CNLMF”. 

    Social Media: 

    Follow Executive Chairman Ari Sussman (@Ariski73) and Collective Mining (@CollectiveMini1) on Twitter. 

    FORWARD-LOOKING STATEMENTS

    This news release contains certain forward-looking statements, including, but not limited to, delivering results to stakeholders, and Collective’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

    Forward-looking statements involve significant risk, uncertainties and assumptions, including those identified in Collective’s most recent MD&A and other disclosure documents filed on and available on SEDAR at www.sedar.com. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, Collective cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and Collective assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

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  • Calibre Mining Reports Strong Third Quarter Financial Results: Increasing Free Cash Flow From a Fourth Consecutive Quarter of Record Gold Production at 73,485 Ounces, Resulting in a Record Year To Date Earnings of US$0.16 Per Share

    Calibre Mining Reports Strong Third Quarter Financial Results: Increasing Free Cash Flow From a Fourth Consecutive Quarter of Record Gold Production at 73,485 Ounces, Resulting in a Record Year To Date Earnings of US$0.16 Per Share

    2023-11-07 15:57:47

    VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three (“Q3 2023”) and nine months (“YTD 2023”) ended September 30, 2023. Consolidated financial statements and management discussion and analysis can be found at www.sedarplus.ca and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars.

    Q3 2023 Highlights

    Year-to-Date (“YTD”) 2023 Highlights

    • Record consolidated gold sales of 208,020 ounces grossing $410.1 million in total revenue, at an average realized gold price(2) of $1,932/oz;
    • Consolidated TCC(2) of $1,047/oz; Nicaragua $983/oz & Nevada $1,412/oz;
    • Consolidated AISC(2) of $1,195/oz; Nicaragua $1,101/oz & Nevada $1,456/oz; and
    • Net income of $73.0 million, or $0.16 per share.

    Darren Hall, President and Chief Executive Officer of Calibre, stated: “Calibre generated strong free cash flow from a fourth consecutive quarter of record production, resulting in a 72% increase in cash on hand to $97 million since the beginning of the year. Year to date costs are favorable to budget and the Company is in excellent shape to deliver at the high end of full year production guidance.

    Our exploration investment continues to yield success in many areas including: a new gold trend emerging northwest of our recently announced Volcan gold deposit at Libertad, demonstrating high-grade discovery potential; drill results proximal to the operating Pan mine continue to yield potential resource and grade increase opportunities; and the expansion of existing high-grade gold discoveries across our Limon property provide further opportunity to leverage the available surplus processing capacity at our Libertad mill.

    The Company continues to self fund all exploration and growth from operating cash flow while increasing our cash reserves. We remain dedicated to providing lasting and responsible benefits to all stakeholders. Our ongoing incorporation of sustainability initiatives throughout our operations further solidifies our strong social license to operate.”

    CONSOLIDATED RESULTS: Q3 2023 and YTD 2023

    Consolidated Results(4)

    $’000 (except per share and per ounce amounts) Q3 2023 Q3 2022 YTD 2023 YTD 2022
    Revenue $ 143,884   $      86,342   $ 410,107   $       299,946  
    Cost of sales, including depreciation and amortization $ (101,128 ) $ (70,876 ) $     (281,556 ) $    (224,692 ) 
    Mine operating income $         42,756   $      15,466    $ 128,551   $         75,254  
    Net income $         23,412   $        1,713   $ 73,024   $         28,842  
    Net income per share (basic) $             0.05   $          0.00    $ 0.16   $             0.07  
    Net income per share (fully diluted) $            0.05   $          0.00    $ 0.15   $             0.06  
    Adjusted net income(3) $         24,530   $        6,624    $ 74,361   $         38,540  
    Adjusted net income per share (basic)(3) $             0.05   $          0.01    $ 0.16   $             0.09  
    Cash provided by operating activities $         54,226   $        7,101    $ 140,776   $         68,593  
    Capital investment in mine development and PPE $         32,990   $      31,274    $      89,749   $         68,747  
    Capital investment in exploration $           7,705   $      12,375    $      21,448   $         39,320  
    Gold ounces produced   73,485                49,081          208,011             160,704  
    Gold ounces sold         73,241                49,260     208,020             161,530  
    Average realized gold price ($/oz)(2) $     1,929   $ 1,730    $            1,932   $ 1,833  
    Total Cash Costs ($/oz)(2) $    1,007   $ 1,188    $            1,047   $ 1,141  
    AISC ($/oz)(2) $    1,115   $ 1,322    $    1,195   $ 1,268  

    Operating Results

     NICARAGUA Q3 2023 Q3 2022 YTD 2023 YTD 2022
    Ore mined (t) 491,835 362,843 1,588,631 1,074,210
    Ore milled (t) 546,555 397,229 1,545,122 1,154,859
    Grade (g/t Au) 4.35 3.74 4.03 3.93
    Recovery (%) 91.6 90.5 92.3 90.3
    Gold produced (ounces) 63,756 38,928 177,145 130,635
    Gold sold (ounces) 63,517 39,076 177,100 130,842
             
    NEVADA Q3 2023 Q3 2022 YTD 2023 YTD 2022
    Ore mined (t) 1,129,042 1,337,275 3,513,948 3,449,175
    Ore placed on leach pad (t) 1,076,876 1,336,109 3,452,753 3,456,351
    Grade (g/t Au) 0.34 0.37 0.37 0.40
    Gold produced (ounces) 9,729 10,153 30,866 30,069
    Gold sold (ounces) 9,724 10,184 30,920 30,688

    Gold production in Nicaragua increased 64% over Q3, 2022, driven by higher grades and tonnes processed.

    CONSOLIDATED Q3 and YTD 2022 FINANCIAL REVIEW

    Q3 2023 TCC(2) and AISC(2) were $1,007 per ounce and $1,115 per ounce, positive to budget. The lower quarter over quarter AISC was achieved through higher gold sales from an increase in open pit ore tonnes, underground mining optimization improvements with associated increases in tonnes mined and higher head grades coupled with a reduction in diesel prices.

    YTD 2023 TCC(2) and AISC(2) were $1,047 per ounce and $1,195 per ounce respectively, within guidance and favorable to budget, positioning the Company well to meet full year cost guidance. YTD costs are favorable due to higher-grade ore from the Pavon Central deposit, mining the Jabali Antena deposit, lower stripping at the Limon Central deposit and higher silver revenue.   

    Expenses and Net Income

    For Q3 2023 and year to date 2023, corporate G&A was $3.2 million and $8.6 million respectively, compared to $3.1 million and $9.4 million for the same periods in 2022. Year-to-date corporate administration was lower due to a reduced use of professional consultants.

    2023 GUIDANCE

      CONSOLIDATED
    2023 GUIDANCE    		 NICARAGUA
    2023 GUIDANCE    		 NEVADA
    2023 GUIDANCE
    Gold Production/Sales (ounces) 250,000 – 275,000 210,000 – 230,000 40,000 – 45,000
    Total Cash Costs ($/ounce)(2) $1,000 – $1,100 $950 – $1,050 $1,300 – $1,400
    AISC ($/ounce)(2) $1,175 – $1,275 $1,100 – $1,200 $1,350 – $1,450
    Growth Capital ($ million) $55 – $65
    Exploration Capital ($ million) $25 – $30

    For the fourth consecutive quarter, the Company achieved record gold production of 73,485 ounces with year-to-date production of 208,011 ounces, at costs below budget. This puts the Company in a strong position to deliver the high end of its full year 2023 production guidance. Given the current gold prices, Calibre is generating strong cash flow, self-funding all investments in growth, development and exploration while significantly growing its net cash balance.

    Calibre continues to advance its 100,000+ metre drill program which includes resource delineation drilling, infill and geotechnical drilling, as well as early-stage generative exploration drilling to test numerous satellite targets around Limon, Libertad, the Eastern Borosi Mine and within Nevada.

    Q3 and YTD 2023 FINANCIAL RESULTS AND CONFERENCE CALL DETAILS

    Third quarter financial results will be released after market close on Tuesday, November 7, 2023, and management will be hosting a conference call on Wednesday, November 8 to discuss the results and outlook in more detail.

    Instructions for obtaining conference call dial-in numbers:

    1. All parties must register at the link below to participate in the Calibre Mining, Q3 conference call.
    2. Register by clicking https://register.vevent.com/register/BIaeef792eb39c469b8d3571c2423f7f24 and completing the online registration form.
    3. Once registered you will receive the dial-in numbers and PIN number for input at the time of the call.

    The live webcast and registration link can be accessed here and at https://www.calibremining.com/ under the Events and Media section under the Investors tab. The live audio webcast will be archived and made available for replay at www.calibremining.com. Presentation slides that will accompany the conference call will be made available in the Investors section of the Calibre website under Presentations prior to the conference call.

    Qualified Person

    Darren Hall, MAusIMM President and Chief Executive Officer of Calibre Mining Corp. is a “qualified person” as set out under NI 43-101 and has reviewed and approved the scientific and technical information in this news release. 

    ON BEHALF OF THE BOARD

    “Darren Hall”

    Darren Hall, President and Chief Executive Officer

    For further information, please contact:

    Ryan King
    Senior Vice President, Corporate Development & IR
    T: (604) 628-1012
    E: This email address is being protected from spambots. You need JavaScript enabled to view it.
    W: www.calibremining.com  

    https://twitter.com/CalibreMiningCo

    https://www.facebook.com/unsupportedbrowser

    https://ca.linkedin.com/company/calibre-mining-corp-cxb-

    https://www.youtube.com/@calibreminingcorp

    About Calibre Mining Corp.

    Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Nevada and Washington in the USA, and Nicaragua. Calibre is focused on delivering sustainable value for shareholders, local communities and all stakeholders through responsible operations and a disciplined approach to growth. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.

    Notes:

    (1) FREE CASH FLOW

    Free cash flow is calculated by subtracting expenditures on mineral properties, plant and equipment from net cash provided by operating activities.

    (2) NON-IFRS FINANCIAL MEASURES

    The Company believes that investors use certain non-IFRS measures as indicators to assess gold mining companies, specifically Total Cash Costs per Ounce and All-In Sustaining Costs per Ounce. In the gold mining industry, these are common performance measures but do not have any standardized meaning. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate the Company’s performance and ability to generate cash flow. Accordingly, it is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

    Total Cash Costs per Ounce of Gold: Total cash costs include mine site operating costs such as mining, processing, and local administrative costs (including stock-based compensation related to mine operations), royalties, production taxes, mine standby costs and current inventory write downs, if any.  Production costs are exclusive of depreciation and depletion, reclamation, capital, and exploration costs.  Total cash costs per gold ounce are net of by-product silver sales and are divided by gold ounces sold to arrive at a per ounce figure.

    All-In Sustaining Costs per Ounce of Gold: A performance measure that reflects all of the expenditures that are required to produce an ounce of gold from current operations. While there is no standardized meaning of the measure across the industry, the Company’s definition is derived from the AISC definition as set out by the World Gold Council in its guidance dated June 27, 2013 and November 16, 2018.   The World Gold Council is a non-regulatory, non-profit organization established in 1987 whose members include global senior mining companies. The Company believes that this measure will be useful to external users in assessing operating performance and the ability to generate free cash flow from current operations. The Company defines AISC as the sum of total cash costs (per above), sustaining capital (capital required to maintain current operations at existing levels), capital lease repayments, corporate general and administrative expenses, exploration expenditures designed to increase resource confidence at producing mines, amortization of asset retirement costs and rehabilitation accretion related to current operations. AISC excludes capital expenditures for significant improvements at existing operations deemed to be expansionary in nature, exploration and evaluation related to resource growth, rehabilitation accretion and amortization not related to current operations, financing costs, debt repayments, and taxes. Total all-in sustaining costs are divided by gold ounces sold to arrive at a per ounce figure.

    Average Realized Price per Ounce Sold
    Average realized price per ounce sold is a common performance measure that does not have any standardized meaning. The most directly comparable measure prepared in accordance with IFRS is revenue from gold sales.

    (3)  ADJUSTED NET INCOME

    Adjusted net income and adjusted earnings per share – basic exclude a number of temporary or one-time items described in the following table, which provides a reconciliation of adjusted net income to the consolidated financial statements:

    (in thousands – except per share amounts)   Q3 2023     Q3 2022     YTD 2023       YTD 2022
    Net income $ 23,412   $ 1,713   $ 73,024     $ 28,842
    Addbacks (net of tax impacts):                        
    Other corporate expenses   1,118     55     1,630       4,842
    Nevada inventory write down   –     2,592     (616 )     2,592
    Mineral property write-off   –     2,265     323       2,265
    Adjusted net income $ 24,530   $ 6,624   $ 74,361     $ 38,540
    Weighted average number of shares outstanding   455,754     453,932     454,190       443,009
    Adjusted net income (loss) per share – basic $ 0.05   $ 0.01   $ 0.16     $ 0.09

    (4) Consolidated financial and operational results for Q3 and YTD 2022 includes the results from the United States assets acquired and discussed in the MD&A.

    Cautionary Note Regarding Forward Looking Information

    This news release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. Forward-looking statements in this news release include but are not limited to: the Company’s expectations toward higher grades mined and processed going forward; statements relating to the Company’s 2023 priority resource expansion opportunities; the Company’s metal price and cut-off grade assumptions. Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond Calibre’s control. For a listing of risk factors applicable to the Company, please refer to Calibre’s annual information form (“AIF”) for the year ended December 31, 2022, and its management discussion and analysis (“MD&A”) for the year ended December 31, 2022, all available on the Company’s SEDAR+ profile at www.sedarplus.ca. This list is not exhaustive of the factors that may affect Calibre’s forward-looking statements such as potential sanctions implemented as a result of the United States Executive Order 13851 dated October 24, 2022.

    Calibre’s forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management at such time. Such assumptions include but are not limited to: the Company being able to mine and process higher grades and keep production costs relatively flat going forward; there not being an increase in production costs as a result of any supply chain issues or ongoing COVID-19 restrictions; there being no adverse drop in metal price or cut-off grade at the Company’s Nevada properties. Calibre does not assume any obligation to update forward-looking statements if circumstances or management’s beliefs, expectations or opinions should change other than as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, undue reliance should not be placed on forward-looking statements.



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  • Northam Resources talks ASX listing and plans for its nickel-copper-PGE & gold assets

    Northam Resources talks ASX listing and plans for its nickel-copper-PGE & gold assets



    Northam Resources Limited’s Craig Moulton introduces the explorer to Proactive’s Elisha Newell. The company’s one of the largest tenement holders in the Northam region, which has attracted significant investor interest in the Nickel- Copper-PGE potential in the southwestern region of WA.

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  • Atco Mining Prepares to File Permit Application to Conduct a 2D Seismic Survey at the Eagle Salt Project

    Atco Mining Prepares to File Permit Application to Conduct a 2D Seismic Survey at the Eagle Salt Project

    2023-11-07 06:36:44

    Vancouver, British Columbia – TheNewswire – November 7, 2023 – Atco Mining Inc. (the “Company” or “Atco”) (CSE:ATCM) (OTC:ATMGF) (Frankfurt:QP9) is pleased to announce that it has begun a strategic initiative to advance its 100%-owned Eagle Salt Project (“Eagle Salt”) in Newfoundland, Canada. Atco intends to apply for an exploration permit to conduct a 2D seismic survey at Eagle Salt and aims to file the Application for Exploration Approval permit with the Mineral Lands Division (Department of Industry, Energy & Technology, Newfoundland and Labrador) within the next two weeks.

    Recently, RESPEC Consulting Inc. (“RESPEC”) analyzed Atco’s gravity survey data for Eagle Salt and observed two gravity anomalies in the southwest (“Baldy”) and northeast (“Golden”) areas (Figure 1). The gravity anomalies suggest the presence of low-density strata, such as salt. Additional 2D seismic surveys over these anomalies would allow Atco to define the dimensions of the potential low-density strata structure. Once permits are received, Atco will evaluate next steps in its Eagle Salt exploration program and determine whether to proceed with the survey.

    Jai Duhan, Subsurface Energy Storage Consultant at RESPEC, comments, “Conducting a 2D seismic survey is the logical next step in the exploration program and RESPEC is looking forward to working with Atco in applying for the permit to conduct the 2D seismic survey.”

    About RESPEC

    RESPEC experts have evaluated over 1,000 caverns in nearly every major cavern storage region in the world. Its extensive history underground has helped them pioneer in-house specialty software and rock lab testing that focuses on analyzing solution-mined and conventionally mined caverns. RESPEC has the world’s largest rock laboratory dedicated to the underground storage industry and has experience with some of the largest scale projects in North America, including Mitsubishi Power’s Advanced Clean energy storage project in Utah, the Atco Heartland Energy Centre in Alberta and seven other hydrogen storage projects worldwide.

    Qualified Person

    The technical content of this news release has been reviewed and approved by Tabetha Stirrett (P.Geo), who is a Qualified Person as defined by NI 43-101.

    About Atco Mining (CSE: ATCM):

    Atco is a junior exploration mining company focused on exploring for green energy metals throughout Canada. Atco is also exploring for sulphide-rich VHMS deposits in Saskatchewan as well as salt opportunities in Western Newfoundland. Investors are encouraged to visit the company’s website here: www.atcomining.com

    For further information contact:

    Atco Mining Inc.

    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

    Telephone: (604) 681-0084

    www.atcomining.com

    Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release. The Canadian Securities Exchange has not in any way approved nor disapproved the contents of this news release.

    FORWARD LOOKING STATEMENTS:

    Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

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  • Goldstar Minerals, Soon Green Mining Innovation Symbol GMI

    Goldstar Minerals, Soon Green Mining Innovation Symbol GMI

    2023-11-07 06:16:11

    QUEBEC CITY, Nov. 07, 2023 (GLOBE NEWSWIRE) — Goldstar Minerals Inc. (TSX-V : GDM) (the “Company“) announces that the TSX Venture Exchange (the “TSX-V“) has approved its previously announced name change from “Goldstar Minerals Inc.” to “Green Mining Innovation”. Starting on November 9, 2023, the stock will trade under the symbol GMI.

    The new CUSIP number will be 39312G105, and the new ISIN number will be CA39312G1054 under the new company name. The company’s share capital remains unchanged.

    Company Update

    The Company announces that the TSX Venture Exchange (“TSX-V“) has given approval for the Company’s previous announcement: (i) the non-brokered private placement of 9 166 666 units (the “Placement“) which closed on August 15, 2023, for a total gross proceeds of $550 000 (press release issued on August 18, 2023, for more details);

    and (ii) the purchase and sale agreement (the “Acquisition Agreement“) dated January 27, 2023, as amended, under which the Company acquired (the “Acquisition“) a 100% interest in the I.M.V. Project on August 15, 2023, in exchange for the issuance of 18 000 000 common shares (each being a “Share“) of the Company (press releases issued on May 11 and August 18, 2023, for more details).

    The Company paid a finder’s fee of 900 000 Shares in connection with the Acquisition.

    An insider of the Company subscribed for a total of 1 185 000 units under the Placement, which constituted a “related party transaction” within the meaning of Regulation 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“).

    The issuances to the insider are exempt from the valuation requirement of MI 61-101 by virtue of the exemption contained in Section 5.5(b) since the Company’s shares are not listed on a specified market, and from the requirement for minority shareholder approval of MI 61-101 pursuant to the exemption in Section 5.7(a) of MI 61-101, in that the fair market value of the consideration for the securities issued to related parties does not exceed 25% of the Company’s market capitalization.

    The Company has not filed a material change report more than 21 days before the expected closing of the Placement and the Acquisition, as the details of the transactions and the participation of the Company’s insiders were only settled shortly prior to closing and the Company wanted to close the transactions quickly for sound business reasons.

    About Goldstar

    Goldstar is a mineral exploration company dedicated to exploration in Canada with a real concern for environmental protection. Its 4 main properties are located in Quebec and Newfoundland in Canada, regions recognized worldwide for their content of significant deposits of base metals and precious metals.

    Technology and environment at the heart of Green Mining Innovation’s development

    Mr. Alexandru Arhire, following the announcement of a new position in West Africa, will not be able to serve as a director on the board but will remain as a consultant for upcoming construction phases.

    Mr. Louis Marcoux has been appointed Chairman of the Board.
    Mr. Marcoux holds a degree in mining engineering from Laval University and has over 40 years of experience in the mining industry in Quebec. He specializes in the application of laws governing the mining sector in Quebec and has advanced expertise in implementing mine site restoration technologies and environmental standards. Mr. Marcoux has held the position of Expert Engineer at the Ministry of Natural Resources of Quebec (MERN).

    Mr. Pierro Chicoine will be responsible for new technologies, and in order to optimize productivity, the Company has tasked him with improving communication and collaboration among work teams while ensuring secure and efficient data management. His expertise is expected to drive innovation in a constantly evolving world.

    Mr. Chicoine has been granted 200 000 stock options (the “Options”) to purchase Shares. The Options are best on the date of issuance and are exercisable for a period of 5 years from the date of the grant at an exercise price of $0.11 per Share.

    Link to the site, management,
    https://greenmininginnovation.ca/en//gestionnaires/

    For more information please contact :
                     André Gagné
                          CEO
                    TSX-V : GDM
                    581-983-6815
       This email address is being protected from spambots. You need JavaScript enabled to view it.

    Disclaimer

    “ Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.”

    This press release contains “forward-looking information” within the meaning of applicable securities laws. This information is based on the current expectations, estimates, forecasts, and projections of the management of Green Mining Innovation. Statements about future projects, including their environmental impact, profitability, and production expectations, are forward-looking information. Although the Company believes that the expectations expressed in this forward-looking information are based on reasonable assumptions, this information is not a guarantee of future performance, and current results or realities may materially differ from those anticipated in the forward-looking information.

    Any investment in the company carries risks that should be independently assessed by each investor. Green Mining Innovation assumes no obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

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  • Bear Creek Mining Announces Appointment of New Directors and Chief Operating Officer

    Bear Creek Mining Announces Appointment of New Directors and Chief Operating Officer

    2023-11-07 06:05:53

    Vancouver, British Columbia–(Newsfile Corp. – November 7, 2023) – Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (“Bear Creek” or the “Company”) announces that its Board of Directors (the “Board”) has appointed Ms. Sandra Daycock and Ms. Susan Toews as directors of the Company effective immediately. The Board and management of Bear Creek also welcome Mr. Brian Peer to the position of Chief Operating Officer.

    Eric Caba, President and CEO of Bear Creek states, “On behalf of Bear Creek’s Board of Directors, I am very pleased to welcome Sandra Daycock, Susan Toews and Brian Peer to the Company. Sandra and Susan bring a wealth and diversity of experience to our Board and will contribute their cumulative financial, legal, strategic and governance expertise to the direction of the Company. Likewise, with over three decades of hands-on experience at mining operations throughout the Americas, Brian is a welcome addition to our senior management team. We look forward to the contributions Sandra, Susan and Brian will bring to Bear Creek as we continue to grow and develop.”

    Sandra Daycock

    Sandra Daycock is Vice President, Corporate Development at Methanex Corporation where she is responsible for leading the development of Methanex’s major capital projects and other initiatives to grow company value. Prior to her current role, Sandra held positions as CFO and later CEO for Great Panther Mining Ltd., where she led the company’s strategic planning, financing, and corporate restructuring initiatives, as well as the divestiture of the Company’s silver assets in Mexico. Sandra has 30 years of professional experience in a broad range of disciplines including corporate development, corporate finance, strategy, treasury management, accounting, financing, investor relations, and corporate restructuring. During her career she has led or been directly involved in multiple financing transactions including public bonds, equity, bank credit, project financing and offtake loans. Ms. Daycock graduated from the University of Manitoba with a Master of Arts in Economics. She also holds a Certified Professional Accountant (CPA) designation from the Chartered Professional Accounts of British Columbia.

    Susan Toews

    Susan Toews is General Counsel at Equinox Gold Corp. where she is responsible for day-to-day legal advice and support for all areas of Equinox’s business including commercial negotiations, dispute resolution and regulatory compliance. Susan has over 20 years of experience in a variety of public, private and regulatory settings. Prior to joining Equinox in 2018, Susan worked as in-house counsel at numerous public mining companies and was Senior Legal Counsel at the British Columbia Securities Commission where she was involved in developing local and national rules focused on corporate governance practice and disclosure. She is well-versed in the legal and compliance aspects of mining in Canada, USA, Mexico and other South American jurisdictions. Susan holds Bachelor of Arts (Honours) and Bachelor of Laws degrees and has been a member of the Law Society of British Columbia since 1994.

    Brian Peer

    Brian Peer is a mining professional with over 37 years of technical and managerial experience at mining operations both in underground and open pit operations in Mexico, Colombia, Peru, Brazil and the United States. Brian served as Vice President Operations, Mexico and Peru for Great Panther Limited from 2017 to 2021 in which position he was accountable for operations including underground and surface production, safety, maintenance, processing facilities, staffing, and the integration of operations. Prior to Great Panther, Brian held operations management positions at numerous other firms, in increasingly senior positions from the mid-1980s onward ranging from Mine Supervisor through Operations Manager, General Manager and Country Manager. He is a high-performance, hands-on executive focused on operational excellence, strategic planning, health and safety, change management, leadership and mentoring. Brian earned an Honors B.Sc. in Geology from the University of Texas, El Paso in 1986.

    On behalf of the Board of Directors,

    Eric Caba
    President and CEO

    For further information contact:
    Barbara Henderson – Director of Investor Relations
    Direct: 604-628-1111
    E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

    Subscribe to Bear Creek Mining news

    Caution Regarding Forward-Looking Information

    This news release contains forward-looking statement regarding the anticipated contributions of Ms. Daycock and Ms. Toews to the Company’s Board of Directors and Mr. Peer to the Company’s management team. These forward-looking statements are based on the Company’s knowledge of the experience, skills and reputation of Ms. Daycock, Ms. Toews and Mr. Peer, and are provided as of the date of this news release, and reflect predictions, expectations or beliefs regarding future events based on the Company’s beliefs at the time the statements were made, as well as various assumptions made by and information currently available to them. Although management considers these assumptions to be reasonable based on information available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions on which they are based do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the expectations expressed in them. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur, and the additional risks described in the Company’s latest Annual Information Form, and other disclosure documents filed by the Company on SEDAR+. The foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on behalf of the Company, except as required by law.

    The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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  • Glencore Completes Acquisition of PolyMet Mining

    Glencore Completes Acquisition of PolyMet Mining

    2023-11-07 05:35:10

    St. Paul, Minnesota–(Newsfile Corp. – November 7, 2023) – PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) (“PolyMet” or the “Company“) announces that it has completed the transactions contemplated by the previously announced statutory plan of arrangement under Part 9, Division 5 of the Business Corporations Act (British Columbia) (the “Arrangement“) involving the Company and Glencore AG (“Glencore“). Pursuant to the Arrangement, Glencore acquired the approximately 17.82% of the issued and outstanding common shares of PolyMet that Glencore did not already own (the “Minority Shares“) for US$2.11 in cash, per Minority Share.

    PolyMet has applied to have its common shares delisted from the Toronto Stock Exchange and the NYSE American and has applied to cease to be a reporting issuer under Canadian securities laws. Once PolyMet ceases to be a reporting issuer, the Company will no longer be subject to the ongoing continuous disclosure and reporting obligations currently imposed upon the Company as a reporting issuer under such legislation.

    About PolyMet

    PolyMet is a mine development company holding a 50% interest in NewRange Copper Nickel LLC, a joint venture with Teck Resources. NewRange Copper Nickel holds the NorthMet and Mesaba copper, nickel, cobalt and platinum group metal (PGM) deposits, two globally significant clean energy mineral resources located in the Duluth Complex in northeast Minnesota. The Duluth Complex is one of the world’s major, undeveloped copper, nickel and PGM metal mining regions. NorthMet is the first large-scale project to have received permits within the Duluth Complex; however, legal challenges contesting various aspects of NorthMet federal and state permits and decisions are ongoing. For more information: www.polymetmining.com

    For further information, please contact:

    Media
    Bruce Richardson, Corporate Communications
    Tel: +1 (651) 389-4111
    M: +1 (651) 964-9729
    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

    PolyMet Disclosures

    This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which include all statements that do not relate solely to historical or current facts, such as statements regarding PolyMet’s expectations, intentions or strategies regarding the future, including strategies or plans as they relate to the Arrangement. Forward-looking statements are frequently, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible,” “projects,” “plans,” and similar expressions, or statements that events, conditions or results “will,” “may,” “could,” or “should” occur or be achieved or their negatives or other comparable words. Forward-looking statements relate to future events or future performance and reflect management’s expectations or beliefs regarding future events including, but not limited to, statements that are not historical facts. Because such statements are based on expectations as to future results and are not statements of fact, actual results may differ materially from those projected and are subject to a number of known and unknown risks and uncertainties, including, but not limited to, statements regarding the delisting of the Company’s common shares on the Toronto Stock Exchange and the NYSE American and ceasing to be a reporting issuer.

    Specific reference is made to risk factors and other considerations underlying forward-looking statements discussed in the management proxy statement of the Company dated September 28, 2023 under the heading “Risk Factors”, PolyMet’s most recent Annual Report on Form 40-F for the fiscal year ended December 31, 2022, and in our other filings with Canadian securities authorities and the SEC. While the discussion of risks and uncertainties to be presented in the management proxy statement is considered representative, no such discussion should be considered a complete statement of all potential risks and uncertainties. In light of the significant uncertainties in these forward-looking statements, PolyMet cannot assure you that the forward-looking statements in this communication will prove to be accurate, and you should not regard these statements as a representation or warranty by PolyMet, its directors, officers or employees or any other person that PolyMet will achieve its objectives and plans in any specified time frame, or at all. The Annual Report on Form 40-F also contains the Company’s mineral resource and other data as required under National Instrument 43-101.

    The forward-looking statements speak only as of the date they are made. PolyMet undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements.

    No regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.

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  • Hi-View Provides Company Update – Junior Mining Network

    Hi-View Provides Company Update – Junior Mining Network

    2023-11-07 01:05:16

    VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) — Hi-View Resources Inc. (‘Hi-View’ or the ‘Company’) (CSE: HVW; OTCQB: HVWRF; FSE: B63) reports that its common shares are now listed for trading in the USA on the OTCQB Venture Market (OTCQB) under the trading symbol “HVWRF”. The OTCQB is a leading market for early-stage and developing U.S. and international companies and offers companies the advantages of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing.

    Hi-View has applied for eligibility with The Depository Trust Company (“DTC“) for its shares in the US. DTC manages the electronic clearing and settlement in the US of publicly traded companies. The Company’s common shares continue to trade on the Canadian Securities Exchange (CSE) under the symbol HVW and on the Frankfurt Stock Exchange under B63.

    Hi-View staked an additional 1,681 hectares in late July, contiguous with its Golden Stranger and Lawyers Group projects, located in the Toodoggone region of northern BC. The newly acquired ground contains portions of the Toodoggone Volcanics formation which is the underlying geology of not only the Golden Stranger but large sections of Thesis Gold’s Lawyers Project and Ranch property. The Company did not extend its option on the Ket 28 property located in southern BC. Hi-View now has a total of 10,821 hectares in the Toodoggone region.

    APEX Geoscience Ltd. in late August completed a soil and rock sampling program of the Golden Stranger property, which targeted select areas of the mineralized zone with a modern soil sampling program, covering portions of the Toodoggone volcanics including the important Metsantan members that hosts the Golden Strange zone. The program also identified some new points of interest that included a few new outcrops that were rock grab sampled. A total of 399 soil samples and 11 rock grab samples were collected and will be submitted for assay.

    Hi-View additionally completed a Wildlife Management Plan for the Golden Stranger Project with Chu Cho Environmental, an industry-leading environmental research and consulting service provider fully-owned by Tsay Keh Dene Nation.

    About Hi-View

    The principal business is the acquisition, exploration and development of mineral resource properties with the objective of locating, defining and ultimately developing economic mineral deposits. Zeal Exploration is a wholly-owned subsidiary which holds the options to acquire the Golden Stranger Property and the Lawyers West, East, South projects, together with claims acquired directly through staking, all located in the Toodoggone region of northern BC, prospective for gold, silver, and copper. The collective holdings cover 10,821 hectares.

    Contact:

    Hi-View Resources Inc.
    Nick Horsley, Chief Executive Officer
    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
    Telephone: (604) 684-4743
    Website: www.hiviewresources.com

    FORWARD LOOKING STATEMENTS: 

    This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements in this news release includes statements related to the proposed Transaction and related matters. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

    Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.


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  • Newcore Gold announces new mineral resource update for Enchi project in Ghana

    Newcore Gold announces new mineral resource update for Enchi project in Ghana



    Newcore Gold CEO Luke Alexander joined Steve Darling from Proactive to share news the company dropped a Mineral Resource Estimate on the company’s Enchi gold project in Ghana.

    Alexander tells Proactive the company is seeing an inaugural Indicated Mineral Resource of 743,500 gold ounces. The company has also defined an Inferred Mineral Resource of 972,000 gold ounces.

    Alexander said 38,000 metres has not been included and drilling continues at the Enchi project.

    #proactiveinvestors #newcoregoldltd #tsxv #ncau #otcqx #ncauf #mining

    #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Former Bear Creek Mining CEO Tony Hawkshaw Passes Away

    Former Bear Creek Mining CEO Tony Hawkshaw Passes Away

    2023-11-06 07:04:45

    Vancouver, British Columbia–(Newsfile Corp. – November 6, 2023) – The Board of Directors of Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (“Bear Creek” or the “Company”) announces with great sadness that Mr. Anthony (‘Tony’) Hawkshaw, former CEO and director of the Company, passed away on November 4th after a valiant battle with cancer.

    The Board joins all at Bear Creek in thanking the late Mr. Hawkshaw for his leadership and tireless efforts to advance the Company toward its vision of becoming a multi-asset precious metal producer. Tony will be greatly missed in the mining industry and we express our deepest condolences to his family.

    On behalf of the Board of Directors,

    Eric Caba
    President and CEO

    For further information contact:

    Barbara Henderson – VP Corporate Communications
    Direct: 604-628-1111 E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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  • Newmont Acquires Newcrest Mining, Successfully Creating World’s Leading Gold Mining Business

    Newmont Acquires Newcrest Mining, Successfully Creating World’s Leading Gold Mining Business

    2023-11-06 06:07:42

    Historic Mining-Industry Acquisition Sets the Standard for Gold and Copper Mining

    DENVER / Nov 06, 2023 / Business Wire / Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced it has completed the acquisition of Newcrest Mining Limited to create the world’s leading gold company with robust copper production.

    “Today marks a historic milestone in our company and the industry with the successful completion of this transformational acquisition of Newcrest by Newmont,” said Tom Palmer, Newmont’s President and Chief Executive Officer. “Our attention now turns to safely, efficiently, and responsibly integrating Newcrest’s assets and people into Newmont’s proven operating model, so we can accelerate the delivery of our value-focused strategy for all our stakeholders.”

    Featuring more than half of the world’s Tier 1 assets*, Newmont’s unmatched portfolio of long-life operations, value-accretive projects, abundant exploration opportunities, and world-class talent will underpin year of profitable production in the world’s most favorable jurisdictions. This expanded portfolio will include operations with scale, margin, and mine life to generate robust and lasting returns for decades, while supporting best-in-class sustainability performance.

    With the transaction now complete, Newmont’s acquisition of Newcrest is expected to:

    • Strengthen Newmont’s position as the responsible gold mining leader through the combination of high-quality operations, projects and reserves concentrated in low-risk jurisdictions, including 10 Tier 1 operations* to support decades of safe, profitable and responsible gold and copper production,
    • Generate annual pre-tax synergies of $500 million, expected to be achieved within the first 24 months, together with at least $2 billion in cash improvements through portfolio optimization in the first two years after closing,
    • Maintain Newmont’s balanced capital allocation priorities and industry-leading non-binding dividend payout; since closing the Goldcorp transaction in 2019, Newmont has paid more than $5 billion in dividends, further demonstrating our commitment to our shareholders,
    • Feature a deep bench of experienced leaders, subject matter experts and existing regional teams in Australia and Canada with extensive mining industry experience,
    • Maintain industry leadership in environmental, social and governance performance; and
    • In connection with the transaction, Newmont issued 357,691,627 new shares of Newmont common stock, including 15,720,585 New Newmont Shares, 341,792,611 shares underlying New Newmont CDIs and 178,431 shares underlying New Newmont PDIs.

    About Newmont

    Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

    At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont’s sustainability strategy and initiatives, go to www.newmont.com.

    Cautionary Statement Regarding Forward-Looking Statements

    This communication contains “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws and “forward-looking information” within the meaning of applicable Australian securities laws. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, such statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. Forward-looking statements often address our expected future business and financial performance and financial condition; and often contain words such as “anticipate,” “intend,” “plan,” “will,” “would,” “estimate,” “expect,” or “potential.” Forward-looking statements may include, without limitation, statements relating to expectations of future costs, production and profitability, expectations relating to shareholder returns and future dividends, expectations regarding future investment and balance sheet strength, estimates of expected synergies, estimates of expected incremental cash flow generation and portfolio optimization opportunities, expectations regarding future industry leadership and other expectations regarding the combined business.

    Estimates or expectations of future events or results are based upon certain assumptions, which may prove to be incorrect. Risks relating to forward looking statements in regard to the combined business and future performance may include, but are not limited to, gold and other metals price volatility, currency fluctuations, operational risks, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, political risk, community relations, conflict resolution, governmental regulation and judicial outcomes and other risks. In addition, material risks that could cause actual results to differ from forward-looking statements include: the inherent uncertainty associated with financial or other projections; the prompt and effective integration of Newmont and Newcrest’s businesses and the ability to achieve the anticipated synergies and value-creation contemplated by the transaction; the outcome of any legal proceedings that have been or may be instituted against the parties and others related to a scheme implementation deed dated May 15, 2023, as amended from time to time; unanticipated difficulties or expenditures relating to the integration of Newcrest; risks relating to the value of the scheme consideration; the anticipated size of the markets and continued demand for Newmont’s resources; and the diversion of management time on pending transaction-related issues. For a more detailed discussion of such risks and other factors, see Newmont’s Annual Report on Form 10-K for the year ended December 31, 2022, filed with the United States Securities and Exchange Commission (“SEC”) on February 23, 2023, as updated by the current report on Form 8-K, filed with the SEC on July 20, 2023, as well as Newmont’s other SEC filings, including the definitive proxy statement, filed with the SEC on September 5, 2023 and Form 10-Q filed with the SEC on October 26, 2023, under the heading “Risk Factors”, and other factors identified in Newmont’s reports filed with the SEC, available on the SEC website or www.newmont.com. Newcrest’s most recent annual financial report for the fiscal year ended June 30, 2023, as well as Newcrest’s other filings made with Australian securities regulatory authorities are available on the ASX website (www.asx.com.au) or www.newcrest.com. Newmont does not undertake any obligation to release publicly revisions to any “forward-looking statement,” including, without limitation, outlook, to reflect events or circumstances after the date of this communication, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued “forward-looking statement” constitutes a reaffirmation of that statement. Continued reliance on “forward-looking statements” is at investors’ own risk.

    Synergies and value creation as used herein are management estimates provided for illustrative purposes and should not be considered a GAAP or non-GAAP financial measure. Synergies represent management’s combined estimate of pre-tax synergies, supply chain efficiencies and Full Potential improvements, as a result of the integration of Newmont’s and Newcrest’s businesses that have been monetized for the purposes of the estimation. Because synergies estimates reflect differences between certain actual costs incurred and management estimates of costs that would have been incurred in the absence of the integration of Newmont’s and Newcrest’s businesses, such estimates are necessarily imprecise and are based on numerous judgments and assumptions. Synergies are “forward-looking statements” subject to risks, uncertainties and other factors which could cause actual value creation to differ from expected or past synergies.

    Portfolio optimization as used in this press release is a management estimate provided for illustrative purposes and should not be considered a GAAP or non-GAAP financial measure. Because the enhancement to cash flow estimates the differences between certain actual cash flows and management estimates of cash flows in the absence of the integration of Newmont’s and Newcrest’s businesses, such estimates are necessarily imprecise and are based on numerous judgments and assumptions. Portfolio optimization to enhance cash flows is a “forward-looking statement” subject to risks, uncertainties and other factors which could cause enhanced cash flows to differ from expectations.

    * “Tier 1 asset” or “Tier 1 operation” is defined as having, on average over such asset’s mine life: (1) production of over 500,000 gold equivalent ounces per year on a consolidated basis, (2) average All-In Sustaining Cost (“AISC”) per ounce in the lower half of the industry cost curve, (3) an expected mine life of over 10 years, and (4) operations in countries that are classified in the A and B rating ranges for Moody’s, S&P and Fitch. For the definitions of such terms and metrics with respect to Newmont, see Newmont’s Annual Report on Form 10-K on file with the SEC. Such terms and metrics with respect to Newcrest’s assets are as calculated by Newcrest and disclosed in public filings lodged with the Australian Stock Exchange. With respect to other assets in the industry, such terms and metrics are as published in public filings of the third-party entities reporting with respect to those assets. Our methods of calculating operating metrics, such as AISC, and those of third parties may differ for similarly titled metrics published by other parties due to differences in methodology.

    Note regarding Toronto stock exchange approval

    In obtaining Toronto Stock Exchange (“TSX”) approval, Newmont Corporation has relied on the “Eligible International Interlisted Issuer” exemption as set out in Section 602.1 of the TSX Company Manual to satisfy its obligations to the TSX in connection with its acquisition of Newcrest Mining Limited.

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  • Lumina Gold: Invitation to 121 Mining Investment London

    Lumina Gold: Invitation to 121 Mining Investment London

    2023-11-06 05:37:11

    Vancouver, British Columbia–(Newsfile Corp. – November 6, 2023) – Lumina Gold (TSXV: LUM) (OTCQB: LMGDF) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in London.

    121 Mining Investment London will be hosting over 175 mining companies and more than 500 sophisticated investors for two days of pre-arranged, targeted 1-2-1 meetings.

    Alongside the curated schedule of pre-booked meetings matching investors with appropriate projects, the conference programme will provide expert commentary and the latest market intelligence on key industry developments.

    This year’s event is being held on November 20-21.

    Any investors who would like to attend 121 Mining Investment London can register for a free pass here: https://hubs.la/Q026gbp80

    About 121 Mining Investment

    The 121 Mining Investment global event series connects portfolio managers and analysts from institutional funds, private equity groups and family offices with mining company management teams for 1-2-1, private in-person meetings.

    121 Mining Investment has an ever-expanding global portfolio, currently covering London, New York, Cape Town, Las Vegas, Frankfurt, Sydney, Singapore and Hong Kong, as well as online editions throughout the year.

    About Lumina Gold

    Lumina Gold is advancing its 100% owned, large scale gold-copper Cangrejos project to a Feasibility Study expected in H1 2025. The company is currently being funded by a US$300M financing package from Wheaton Precious Metals that it announced after releasing is Pre-feasibility Study in April 2023.

    For additional Information, please contact:

    Lumina Gold
    Scott Hicks
    VP Corporate Development & Communications
    1 (604) 646 1890
    This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://luminagold.com

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  • CoTec Holdings building a “new mining company for the 21st century”

    CoTec Holdings building a “new mining company for the 21st century”



    CoTec Holdings President and CEO Julian Treger speaks to Proactive’s Thomas Warner about his work to create what he calls a “super-exciting new company” which combines “technology, green investing and commodity extraction”.

    He says that by harnessing disruptive technologies, he hopes to build a “new mining company for the 21st century”.

    #ProactiveInvestors #CoTec #mining #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Monogram Orthopaedics developing next generation surgical robot to enhance orthopaedic surgery

    Monogram Orthopaedics developing next generation surgical robot to enhance orthopaedic surgery



    Monogram Orthopaedics CEO Ben Sexson joins Natalie Stoberman from the Proactive studios to share how the company is progressing with its development of orthopedic robots in the medical technology industry.

    Sexson says Monogram’s goal is to create a next-generation surgical robot for the operating room, starting with knee surgeries and expanding to other clinical opportunities. He adds the company has been making progress since its founding in 2016 and recently had meetings with the FDA to introduce their technology and discuss the regulatory process. They are working towards FDA approval while also exploring opportunities outside the U.S. to potentially accelerate their time to market.

    #ProactiveInvestors #MonogramOrthopaedics #OrthopedicSurgery #MedicalTechnology #SurgicalRobots #MonogramOrthopaedics #Innovation #Healthcare #FDAApproval #Orthopedics #KneeSurgeries #MedicalAdvancements #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Leo Lithium updates on “fantastic and transformational” placement with JV partner

    Leo Lithium updates on “fantastic and transformational” placement with JV partner



    Leo Lithium Ltd (ASX:LLL, OTC:LLLAF) managing director and CEO Simon Hay speaks to Thomas Warner from Proactive about progress on the Goulamina Lithium Project in Mali.

    The company recently announced an A$106m placement and comprehensive cooperation agreement with existing joint venture partner Ganfeng Lithium. Hay gives an overview of the new deal, describing at as a “fantastic and transformational opportunity” for Leo Lithium.

    He also reiterates that the company remains “on schedule” to make first spodumene production at Goulamina in “late Q2 2024”

    #ProactiveInvestors #LeoLithium #LithiumMining #LithiumProject #MarlingProject #Spodumene #GreenEnergy #RenewableResources #CleanTechnology #SustainableMining #JointVenture #GanfengLithium #ASX300 #LithiumChemicals #InvestingInLithium #MiningIndustry #EnergyTransition #BatteryMaterials #FutureofEnergy #AustralianStockExchange #MiningUpdates #LithiumProduction #EcoFriendlyMining #ResourceExploration #LithiumDemand #EnvironmentalSustainability #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

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  • Monarch Mining Announces it Has Been Served With a Prior Notice of Exercice of a Hypothecary Right

    Monarch Mining Announces it Has Been Served With a Prior Notice of Exercice of a Hypothecary Right

    2023-11-03 08:46:02

    MONTREAL, Nov. 03, 2023 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) announces that Investissement Québec (“IQ”), one of its creditors, has served the Corporation a prior notice of exercise of a hypothecary right, in accordance with the loans it has granted Monarch, which are secured by a hypothec encumbering all the present and future, tangible and intangible assets, movable and immovable of the Corporation. As of the date of this new release, Monarch owes to IQ the sum of $10,086,397.08.

    Following the filling of this notice, the Corporation is currently assessing the range of possibilities that are available to it.

    About Monarch

    Monarch Mining Corporation (TSX: GBAR) (OTCQB: GBARF) is a gold mining company that owns three projects, including the Beaufor Mine, which is currently on care and maintenance and has produced more than 1 million ounces of gold over the last 30 years. Other assets include the McKenzie Break and Swanson properties, all located near Monarch’s wholly owned Beacon Mill with a design capacity of 750 tpd. Monarch owns 14,316 hectares (143 km2) of mining assets in the prolific Abitibi mining camp that host a combined measured and indicated gold resource of 478,982 ounces and a combined inferred resource of 383,393 ounces.

    Forward-looking statements

    All statements, other than statements of historical fact, contained in this press release including, but not limited to those describing the timeline of the initiatives described in this press release, those relating to the Corporation’s commitments and initiatives outlined in the press release, the intended results of the initiatives described in this press release, the positive impact of the foregoing on project economics, and generally those statements which are discussed under the “About Monarch” paragraph and elsewhere in the press release which essentially describe the Corporation’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of Canadian, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.

    Forward-looking statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, the Corporation’s ability to continue as a going concern, the Corporation being a going concern able to realize its assets and discharge its liabilities in the normal course of business as they come due into the foreseeable future, the generation of interest for its review of a range of alternatives, in either the sale of part or all of the Corporation or its assets, a merger or other business combination with another party, a potential investment in Monarch, a debt restructuring, or other strategic initiatives with the goal of maximizing return in respect of the Corporation’s assets, the ability of the Corporation to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the availability of financing or financing on favorable terms for the Corporation, the business conditions of the Corporation will not change In a materially adverse manner, expectations that the business of the Corporation will continue in the ordinary course, litigation as well as cash flow and capital structure risks and general business risks. A further description of risks and uncertainties can be found in Monarch’s Annual Information Form dated September 27, 2023, including in the section thereof captioned “Risk Factors”, which is available on SEDAR+ at www.sedarplus.ca. Unpredictable or unknown factors not discussed in this cautionary note could also have material adverse effects on forward-looking statements.

    Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.

    Neither Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the manuals of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this press release.

    Further information regarding the Corporation is available in the SEDAR+ database (www.sedarplus.ca) and on the Corporation’s website at: www.monarchmining.com.

    FOR MORE INFORMATION:

    www.monarchmining.com

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  • Panama Update – Junior Mining Network

    Panama Update – Junior Mining Network

    2023-11-03 06:02:46

    TORONTO, Nov. 3, 2023 /CNW/ – Franco-Nevada Corporation (“Franco-Nevada“) (TSX: FNV) (NYSE: FNV) notes that its partner, First Quantum Minerals Ltd. (“First Quantum“), has issued an update regarding the various Government of Panama bills and unconstitutionality challenges in respect of Law 406, the law that approved the revised concession contract for the Cobre Panama mine. First Quantum has also advised that production at the mine remains uninterrupted at this time, while protests (including certain blockades) have caused disruptions on site as well as shortages in certain supplies.

    For more detailed information, please refer to First Quantum’s press release dated November 3, 2023.

    Forward-Looking Statements

    This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995, respectively, which may include, but are not limited to, statements with respect to the outcome of any Government of Panama bills, constitutional challenges or popular consultations relating to Law 406, the law that approved the revised concession contract for the Cobre Panama mine. The outcome of these matters could have a material adverse impact on the revenue Franco-Nevada derives from its streaming arrangements relating to Cobre Panama and on Franco-Nevada’s results of operations and financial condition. There can be no assurance that such forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that forward-looking statements are not guarantees of future performance. Accordingly, investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein.

    For additional information with respect to risks, uncertainties and assumptions relating to Franco-Nevada’s business and assets, please refer to Franco-Nevada’s most recent Annual Information Form filed with the Canadian securities regulatory authorities on www.sedarplus.com and Franco-Nevada’s most recent Annual Report filed on Form 40-F filed with the SEC on www.sec.gov. The forward-looking statements herein are made as of the date of this press release only and Franco-Nevada does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law.

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