Lion Group Holding(LGHL)
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Power Metallic Mines reveals positive preliminary metallurgical study update on Lion deposit
Proactiveinvestors NA· 2025-10-16 12:41
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Lion One Reports 4,200 oz in Quarterly Gold Production
Newsfile· 2025-10-16 12:00
Core Viewpoint - Lion One Metals Limited reported a significant increase in gold production and recovery from the Tuvatu Gold Mine in Fiji for the quarter ending September 30, 2025, indicating strong operational performance and future growth potential [1][2][3]. Production Results - The company produced approximately 4,200 ounces of gold during the quarter, representing a 31% increase from the previous quarter [2][4]. - The average grade for the quarter was 5.1 g/t gold, a 39% increase from the previous quarter [2][4]. - Record quarterly gold recovery of 83.9% was achieved, with a record monthly recovery of 87.2% in July [2][3]. - A total of 29,850 tonnes of mineralized material was processed, with an average throughput of approximately 328 tonnes per day, exceeding the nameplate capacity of 300 TPD [3][4]. Mine Development - The company completed 1,712 meters of underground mine development during the quarter, marking the top three months of development in Tuvatu's history [6]. - A total of 28,423 tonnes of mineralized material was mined throughout the quarter [6]. - The first shrinkage stope was successfully completed, producing over 5,700 tonnes of material at an average gold grade of 10.60 g/t [3][6]. - A second, larger shrinkage stope is already in development, expected to contribute to production in Q4 2025 and Q1 2026 [6]. Management Commentary - CEO Ian Berzins expressed satisfaction with the quarter's results, highlighting the successful performance of both the mine and mill [3]. - Chairman Walter Berukoff acknowledged the efforts of the Fiji team in achieving the company's turnaround and emphasized the importance of teamwork [3][10]. Board of Directors Update - Edward (Ned) Collery stepped down from the Board of Directors, and Todd Romaine was appointed as an Independent Director, bringing over 25 years of experience in environmental, social, and governance (ESG) matters [8][9][10].
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].