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Sierra Madre Announces Upsize of Private Placement to $19.5 Million with Investment from Eric Sprott
Newsfile· 2025-07-21 13:26
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) ("Sierra Madre" or the "Company") is pleased to announce an upsize to its previously announced "best efforts" private placement. Under the amended terms, the Company will issue up to 27,858,000 units of the Company (each a "Unit") at a price of $0.70 per Unit (the "Issue Price") for aggregate gross proceeds to the Company of up to $19,500,600 (the "Offering").Eric Sprott, through 2176423 Ontario Ltd ...
Eric Sprott Announces Changes to His Holdings in Silver One Resources Inc.
Newsfile· 2025-07-15 13:10
The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258861 Eric Sprott Announces C ...
Sprott Silver Miners & Physical Silver ETF Reaches $100 Million in Assets
Globenewswire· 2025-07-09 12:00
Only1 U.S.-Listed ETF Providing Pure-Play2 Exposure to Silver Miners and Physical Silver Rapidly Gains Assets TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management USA, Inc. today announced that the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) (the “ETF” or “SLVR”) reached $100 million (USD) in assets under management on June 30, 2025, after its launch on January 15, 2025. SLVR is the only1 ETF focused on providing pure-play2 exposure to silver miners and physical silver, an underv ...
NexGold Intersects 13.67 g/t over 1.75 metres and 1.05 g/t over 21.20 metres at the Goliath Deposit and Provides Update on Sprott Royalty
GlobeNewswire News Room· 2025-07-09 11:00
TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide additional results from the most recent diamond drilling at the Goliath Gold Complex where the Company has conducted 21,000 metres of a 25,000-metre drill program. The most recent drilling included 6,355 metres of diamond drilling in 30 holes and was focused on drilling parts of the Goliath Deposit, the Eastern Alteration Corridor (“EAC”) prospect and at Goldlund Sout ...
Eric Sprott Announces Changes to His Holdings in Inventus Mining Corp.
Newsfile· 2025-07-08 20:56
Core Viewpoint - Eric Sprott has increased his holdings in Inventus Mining Corp, acquiring an additional 11,842,000 common shares, which raises his total ownership to approximately 16.4% of the outstanding shares [1][2]. Group 1: Acquisition Details - The acquisition was made through 2176423 Ontario Ltd. at a price of $0.16 per share, totaling an investment of $1,894,720 [1]. - Prior to this acquisition, Sprott owned 21,549,833 shares, representing about 10.6% of the outstanding shares [2]. - The recent purchase represents an increase of approximately 5.8% in his holdings since the last early warning report [2]. Group 2: Investment Intentions - The shares were acquired for investment purposes, with a long-term view on the investment [3]. - Sprott may consider acquiring additional securities or selling existing ones based on market conditions and other relevant factors [3].
Sprott: Excellent AUM Growth In The Exchange Listed Products Segment
Seeking Alpha· 2025-07-03 14:51
Group 1 - The investment strategy focuses on turnarounds in natural resource industries with a typical holding period of 2-3 years, emphasizing value for downside protection and upside participation [1][4] - The portfolio has achieved a compounded annual growth rate of 29% over the last 6 years [1] - Sprott Inc. is a North American investment company specializing in natural resource investments, with approximately 50% of assets under management (AUM) in gold, 25% in silver, and 25% in critical materials, primarily uranium-related products [3] Group 2 - The investing group targets companies with quality characteristics that are trading at depressed valuations, allowing for participation in the upside of natural resource investing while minimizing extreme drawdowns [4] - Current focus on natural resource industries is driven by monetary and fiscal policies, underinvestments, and attractive valuations [4]
Gold and silver prices poised for further gains amid mounting economic risks - Sprott's McIntyre
KITCO· 2025-07-02 21:44
Core Insights - The article discusses the author's extensive experience in journalism and the financial sector, highlighting a focus on economic reporting and analysis [3][4]. Group 1 - The author has over a decade of reporting experience, particularly in covering politics and financial news [3]. - Since 2007, the author has worked exclusively within the financial sector, starting with the Canadian Economic Press [3]. - The author's background includes a diploma in journalism from Lethbridge College [3].
Goldstorm Metals Announces Closing of Upsized Non-Brokered Private Placement Financing for Approximately $2.1 Million, with Participation by Eric Sprott
Newsfile· 2025-06-27 13:07
Core Viewpoint - Goldstorm Metals Corp. has successfully closed a non-brokered private placement financing, raising approximately $2.1 million, with notable participation from strategic investor Eric Sprott [2][5]. Financing Details - The private placement generated gross proceeds of $2,088,973.75, consisting of 15,441,483 non-flow-through units sold at $0.07 each, totaling $1,080,903.81, and 9,999,999 flow-through units sold at $0.1008 each, totaling $1,007,999.90 [2][3]. - Each non-flow-through unit includes one common share and one-half of a warrant, while each flow-through unit includes one common share and one-half of a warrant [3]. Warrant Information - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for 24 months, with an acceleration clause if the common shares reach a closing price of $0.20 for ten consecutive trading days [4]. Strategic Investor Participation - Eric Sprott, through his corporation, acquired 3,571,428 common shares and 1,785,714 warrants, qualifying as a related-party transaction [5]. Use of Proceeds - Net proceeds from the sale of non-flow-through units will be allocated for working capital and general corporate purposes [6]. - Gross proceeds from flow-through units will be used for Canadian exploration expenses, with a commitment to incur qualifying expenditures by December 31, 2026 [7]. Finder's Fees - The company paid cash commissions of $45,746.44 to finders and issued 651,377 non-transferable finder's warrants, each allowing the purchase of one common share at $0.1008 for 24 months [8][9]. Company Overview - Goldstorm Metals Corp. is focused on precious and base metals exploration, holding a significant land position in British Columbia's Golden Triangle, known for high-grade gold deposits [10].
Dolly Varden Silver Closes $28.76 Million Bought-Deal Financing, With Participation by Eric Sprott
Newsfile· 2025-06-26 13:26
Core Viewpoint - Dolly Varden Silver Corporation has successfully completed a bought-deal private placement, raising a total of $28,755,500 through the sale of common shares and flow-through shares for exploration and working capital purposes [1][3]. Group 1: Financial Details - The company sold 2,445,500 common shares at $4.60 each, generating gross proceeds of $11,249,300 [1]. - Additionally, 1,128,000 charity flow-through shares were sold at $6.65 each, raising $7,501,200 [1]. - The company also issued 1,740,000 flow-through shares at $5.75 each, resulting in gross proceeds of $10,005,000 [1]. Group 2: Use of Proceeds - Net proceeds from the common shares will be allocated for working capital and general corporate purposes [3]. - Proceeds from the charity flow-through shares and flow-through shares will be directed towards further exploration, mineral resource expansion, and drilling in the Kitsault Valley project and other mineral properties [3]. Group 3: Underwriting and Fees - The offerings were conducted under an underwriting agreement with a syndicate led by Research Capital Corporation and Raymond James Ltd., among others [2]. - The underwriters received a cash fee of $1,437,775, which is 5.0% of the gross proceeds from the offerings [4]. Group 4: Company Overview - Dolly Varden Silver Corporation is focused on advancing its 100% held Kitsault Valley Project, which includes high-grade silver and gold resources [6][7]. - The project is located in the Golden Triangle of British Columbia and is considered prospective for further precious metal deposits [6][7].
Eric Sprott Announces Changes to His Holdings in Unigold Inc
Newsfile· 2025-06-24 12:43
Group 1 - Eric Sprott announced the expiration of 1,950,000 common share purchase warrants of Unigold Inc., which represents a decrease in holdings of approximately 10% of the outstanding common shares on a partially diluted basis [1][2] - Prior to the expiration, Mr. Sprott beneficially owned and controlled 22,400,000 shares, representing approximately 8.0% of the outstanding shares on a non-diluted basis and approximately 8.6% on a partially diluted basis [1] - Following the expiration of the warrants and new share issuances by Unigold, Mr. Sprott's ownership decreased to under 10% on a non-diluted basis, resulting in him and 2176423 Ontario Ltd. ceasing to be insiders of Unigold [2] Group 2 - The securities held by Mr. Sprott are for investment purposes, with a long-term view, and he may acquire additional securities or sell existing ones depending on market conditions and other relevant factors [3]