Lion Group Holding(LGHL)
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Power Metallic Initiates Metallurgical Testing of Lion Deposit Phase 1 Metallurgy Recovery Contracted to SGS Canada Inc., Quebec City, QC and Lakefield, ON
Prnewswire· 2025-10-16 07:00
Core Insights - Power Metallic Mines Inc. is conducting preliminary metallurgical studies to assess the economic potential of its Nisk project, which is crucial for resource reporting and development risk mitigation [1][2][6] - The metallurgical testing is being performed by SGS Canada Ltd, focusing on the recovery potential of various metals including copper, platinum group elements (PGEs), gold, silver, and nickel [1][2][5] - The Lion deposit has been identified with two mineralization zones: a High-Grade zone (HG) and a lower grade Hanging-wall Zone (LG), with the majority of metal value concentrated in the HG zone [3][4] Metallurgical Testing Details - The testing involves a competitive bid process, with SGS Canada Inc. awarded the contract due to their expertise in flotation metallurgical testing [1] - Approximately 300 kg of sample material from each mineralization zone has been collected, with specific procedures for creating composite samples for testing [5] - The metallurgical tests are expected to take around 14 weeks, with results anticipated to be reported by January 2026 [6] Mineralization Characteristics - The copper mineralization is primarily found in coarse-grained chalcopyrite and cubanite, which are expected to yield good recoveries through conventional concentration methods [2] - The HG zone consists of semi-massive to massive copper sulphide mineralization, while the LG zone contains disseminated and veined structural mineralization [3][4] Company Overview - Power Metallic is focused on advancing the Nisk Project Area, which includes high-grade copper, PGE, nickel, gold, and silver systems [9] - The company has expanded its land holdings significantly, now controlling approximately 212.86 km² of prospective land following recent acquisitions [10][11] - Power Metallic also has interests in exploration licenses in Saudi Arabia, further diversifying its mineral exploration portfolio [12]
Food Lion Feeds' Apple Bag Campaign Delivers 13.8 Million Meals to Nourish Neighbors
Globenewswire· 2025-10-14 16:28
Core Insights - Food Lion Feeds' annual Gala Apple Bag campaign provided over 13.8 million meals to local families facing food insecurity, marking the second-largest total since the campaign's inception in 2014 [1][3] - The campaign ran from September 17 to October 7, 2025, with customer purchases of specially marked bags of Gala apples and cash donations at the register contributing to hunger-relief organizations [2][6] - Since the campaign began, it has generated the equivalent of more than 57 million meals for families in need [3][6] Company Initiatives - The Food Lion Feeds Charitable Foundation awards over $1 million in grants annually to community partners focused on alleviating hunger [3][4] - The Foundation supports more than 500 local feeding partners and provides not only food but also health education and job skills training to strengthen communities [4] - Food Lion has committed to donating 3 billion meals by 2032, having already donated over 1.5 billion meals since 2014 through its hunger relief platform [7]
Lion One Drills 78.71 g/t Gold over 2.0 m, Including 168.25 g/t Gold over 0.9 m at Tuvatu Gold Mine in Fiji
Newsfile· 2025-10-09 12:00
Core Viewpoint - Lion One Metals Limited has reported significant high-grade gold results from its Tuvatu Alkaline Gold Project in Fiji, indicating strong potential for future mining operations [1][2]. Drilling Results - The company conducted 4,180.5 meters of underground infill and grade control drilling, focusing on the Zone 5 area, which is located down-dip of current mine levels [1][2]. - High-grade mineralized structures were intersected in 24 holes, with notable assays including 267.95 g/t over 0.3 m and 168.25 g/t over 0.9 m [2][6]. - The proximity of these results to existing workings suggests a strong probability of incorporation into the mine plan within the next six to twelve months [2][11]. Highlights of New Drill Results - Significant drill intercepts include: - 175.43 g/t Au over 0.9 m (including 267.95 g/t Au over 0.3 m) [6] - 78.71 g/t Au over 2.0 m (including 168.25 g/t Au over 0.9 m) [6] - 29.70 g/t Au over 3.1 m (including 179.52 g/t Au over 0.3 m) [6] - The results are typical for Tuvatu, which consists of high-grade narrow vein structures [11]. Mining Potential - The drilling targeted the down-dip extension of the Zone 5 lodes, which are expected to be mined within the next 6 to 12 months, representing an additional five levels of mining at Tuvatu [10][11]. - The Zone 5 area is believed to be the highest-grade part of the deposit, with the system remaining open at depth [9][10]. Company Overview - Lion One Metals is an emerging Canadian gold producer with operations at its 100% owned Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and an underground gold mine [21].
Lion One Announces $7 Million Sidecar Private Placement
Newsfile· 2025-10-09 00:52
Core Viewpoint - Lion One Metals Limited is initiating a non-brokered private placement to raise up to $7,000,000 in response to investor demand, in addition to a previously announced offering of $25,000,000 [1][3]. Group 1: Private Placement Details - The Sidecar Private Placement will consist of up to 21,875,000 units priced at $0.32 each, with each unit comprising one common share and one warrant [1][2]. - Each warrant will allow the holder to purchase one common share at an exercise price of $0.42 for three years from issuance [2]. - The Sidecar Private Placement is expected to close around October 21, 2025, following the anticipated closure of the second tranche of the LIFE Offering on or about October 15, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the Sidecar Private Placement will be allocated to the development of the Tuvatu Gold Project, repayment of a loan facility, and general working capital [4]. Group 3: Regulatory and Financial Conditions - The closing of the Sidecar Private Placement is subject to customary conditions, including approvals from the TSX Venture Exchange [5]. - The company may pay finders' fees of up to 8% of gross proceeds raised, which may include cash commissions and finder warrants [6]. Group 4: Company Overview - Lion One Metals is a Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and various mining facilities [9].
Lion One Announces Further Upsize of LIFE Offering for Gross Proceeds of up to $25 Million
Newsfile· 2025-10-07 23:50
Core Viewpoint - Lion One Metals Limited has increased the size of its non-brokered private placement offering, known as the LIFE Offering, from gross proceeds of $20 million to $25 million due to heightened investor demand [1][2]. Offering Details - The LIFE Offering will consist of up to 78,125,000 units priced at $0.32 per unit, with each unit comprising one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.42 for three years from issuance [1]. - The initial announcement of the LIFE Offering was made on September 9, 2025, and it has been upsized twice since then [2]. Tranche Information - The first tranche of the LIFE Offering closed on September 24, 2025, raising gross proceeds of $18,715,153 through the issuance of 58,484,853 units [2]. - An additional 984,375 units were issued in lieu of a cash finder's fee of $315,000 [2]. - The second tranche is expected to close around October 15, 2025, with the potential issuance of up to 18,655,772 units for additional gross proceeds of approximately $5,969,847.04 [3]. Use of Proceeds - The net proceeds from the LIFE Offering will be allocated to the development of the Tuvatu Gold Project, repayment of a loan facility with Nebari, and general working capital [5]. Regulatory and Compliance - The closing of the LIFE Offering is subject to customary conditions, including necessary approvals and compliance with TSX Venture Exchange listing conditions [6]. - The securities offered will not be subject to Canadian resale restrictions under applicable securities laws [6]. Finder's Fees - The company may pay finders' fees, which can include cash commissions of up to 7% of gross proceeds and finder warrants equal to 7% of the units sold [7].
Why Eli Lilly Is The Lion's Share Of My Portfolio
Seeking Alpha· 2025-10-03 03:26
Group 1 - The stock of Eli Lilly (NYSE: LLY) has increased by 9% since the last analysis, indicating positive market momentum [1] - There is an expectation for broader healthcare momentum to build in 2026, suggesting potential growth opportunities in the sector [1] - The current price level is considered an optimal entry point for investors looking to capitalize on future growth [1]
Lion One Produces 5,704 Tonnes at 10.60 g/t Gold from First Shrinkage Stope at Tuvatu and Increases Underground Development Rates by 70%
Newsfile· 2025-10-02 12:30
Core Viewpoint - Lion One Metals Limited has successfully mined 5,704 tonnes of material at an average grade of 10.60 g/t gold from its first shrinkage stope at the Tuvatu Alkaline Gold Project in Fiji, with significant increases in underground development rates by approximately 70% from January to September 2025 [1][2][3]. Mining Operations - The first shrinkage stope production occurred from July to September, blending material from various parts of the mine, and production is now complete [2][5]. - The second shrinkage stope is under development, expected to be twice the size of the first, with production anticipated to begin in November [2][6]. Development Rates - Overall development at Tuvatu increased from 330.8 meters in January to 563.9 meters in September 2025, marking a 70% increase [3][9]. - Large capital development rates rose by 126%, while small development rates increased by 59% during the same period [9]. Operational Improvements - The company has implemented new mining equipment and operational improvements, enhancing productivity and efficiency in mining operations [4][12]. - A new methodology for drilling, blasting, mucking, and bolting has been adopted, increasing the utilization of equipment and leveraging local expertise [11][12]. Leadership Changes - Patrick Hickey has retired as COO, with Ian Berzins, the CEO, assuming his responsibilities [14][15].
Lion One Announces Closing of Upsized LIFE Offering for Gross Proceeds of $18.7 Million
Newsfile· 2025-09-24 23:25
Core Viewpoint - Lion One Metals Limited successfully closed an upsized non-brokered private placement, raising gross proceeds of $18.7 million to fund the development of its Tuvatu Gold Project and other financial obligations [1][2]. Group 1: Offering Details - The LIFE Offering raised gross proceeds of $18,715,153 through the issuance of 58,484,853 units at a price of $0.32 per unit, each consisting of one common share and one warrant [1]. - Each warrant allows the holder to acquire one common share at an exercise price of $0.42 for three years from issuance [1]. - The company paid finder's fees totaling $703,468.15 in cash and issued 2,190,462 finders warrants, representing a 7% commission on gross proceeds [3]. Group 2: Use of Proceeds - The net proceeds from the LIFE Offering will be allocated to the development of the Tuvatu Gold Project, repayment of a loan facility with Nebari, and general working capital [2]. Group 3: Company Background - Lion One Metals is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and various mining facilities [8].
Lion Copper and Gold Corp. Announces Filing of PFS Technical Report for Its Yerington Copper Project in Nevada
Newsfile· 2025-09-18 22:32
Core Insights - Lion Copper and Gold Corp. has filed an independent Pre-Feasibility Study (PFS) for its Yerington Copper Project, confirming its potential as a significant refined copper cathode producer in the U.S. [1] - The PFS was prepared by Samuel Engineering Inc. and funded by Nuton LLC, a strategic partner and Rio Tinto venture [1][5]. Company Overview - Lion Copper and Gold Corp. is advancing its Yerington Copper Project through an Option to Earn-in Agreement with Nuton LLC [5]. - Nuton LLC focuses on innovative copper leaching technologies aimed at increasing domestic production of critical minerals [5][6]. Technical Details - The PFS Technical Report is compliant with National Instrument 43-101 standards, ensuring the credibility of the technical information [1][10]. - The report is available on the company's website and SEDAR [3]. Environmental and Operational Aspects - Nuton aims to produce copper with a minimal environmental footprint while ensuring positive impacts across five pillars: water, energy, land, materials, and society [6][7]. - The technologies employed by Nuton are designed to reduce energy and water needs compared to conventional methods, enhancing the efficiency of copper production [6].
Lion Rock Resources Closes $5.3M Financing
Newsfile· 2025-09-15 18:10
Group 1 - Lion Rock Resources Inc. has closed a non-brokered private placement of 26,585,281 units at a price of $0.20 per unit, resulting in total gross proceeds of $5,317,056 [1] - Each unit consists of one common share and one non-transferable share purchase warrant, with the warrant allowing the holder to acquire an additional common share at $0.30 until September 15, 2027 [1] - The warrants will expire if the common shares trade at $0.40 or more for five consecutive trading days, subject to the company's discretion [1] Group 2 - The common shares and warrants are subject to a hold period and cannot be traded until January 16, 2026, except as permitted by applicable securities legislation [2] - Proceeds from the placement will be used for payment obligations and work programs related to the Volney Project, as well as for general working capital [2] Group 3 - Lion Rock Resources Inc. is a Canadian mineral exploration company focused on high-grade gold and lithium projects in North America, with its flagship asset being the Volney Project located in South Dakota [5] - The company is led by a team with a proven track record in mineral discoveries, project development, and financing [5]