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Eric Sprott acquires a substantial stake in Cerro de Pasco Resources
GlobeNewswire News Room· 2024-07-08 21:06
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Mr. Guy Goulet, CEO of Cerro de Pasco commented, "We are pleased to close this critical funding round and in parallel delighted to welcome Mr. Sprott as an investor into Cerro de Pasco Resources. We look forward to moving ahead with drilling activities at the Quiulacocha Tailings Project in late July, with the objective of producing a master plan for reprocessing the entire Quiulacocha tailings resource." All securities ...
Gold protects against deflation and inflation risks, juniors have major upside – Sprott CEO Peter Grosskopf
KITCO· 2024-07-08 17:29
:3,300,7 TB y CD and 18. 0.7.7.7 CINNERS. p 8 STATIONAL E ON A STANDA E THE LED 792 1951 2 STAR 35 0000 ine Gold 000-0 ?OO & 0000001 rug Jul sun Feb Graph 2 8% FIF :11 TE c t 2.1.20 CHANGE IN CISIMEXA 0 TSAL TX BE THE THE FEATURE THE FEATURE THE FORM THE n 1 n 01 11 1 and THE LED THE LED pen 1951 2 STAR 8000 ine Gold 000-0 500 s 0000001 rug 301 yun Feb Graph 2 8% nt=2 Ernest Hoffman Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadca ...
Why the gold miners' price moves are unusual - Sprott's Ryan McIntyre
KITCO· 2024-06-28 17:26
Core Insights - Michael McCrae is leading Kitco's coverage of the mining sector, bringing extensive experience from both media and banking [1] - McCrae co-founded and published MINING.com, an award-winning news site, indicating a strong background in digital media [1] - His qualifications include an MBA and CMA, enhancing his expertise in the mining industry [1] Company and Industry Summary - Kitco Metals Inc. is focused on providing comprehensive coverage of the mining sector, with McCrae at the helm [1] - The mining sector is increasingly reliant on digital media for news and information dissemination, as exemplified by McCrae's previous success with MINING.com [1] - The combination of McCrae's IT and banking experience positions him well to navigate the complexities of the mining industry [1]
$3,000 gold by 2025 is ‘not crazy', miners have ‘significant upside over the next 12 months' – Sprott's John Hathaway
KITCO· 2024-06-27 20:12
Ernest Hoffman Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not acc ...
Eric Sprott-Backed Argo Digital Gold Ltd. Secures Strategic Investment from Paxos and WonderFi to Fuel Growth in the Digital Gold Market
Newsfile· 2024-06-26 15:26
. ● . . | --- | --- | |---------------------------------------------------|-------| | | | | Eric Sprott-Backed Argo Digital Gold Ltd. Secures | | | Strategic Investment from Paxos and WonderFi to | | | Fuel Growth in the Digital Gold Market | | June 26, 2024 11:26 AM EDT | Source: Argo Digital Gold Ltd. Toronto, Ontario--(Newsfile Corp. - June 26, 2024) - Argo Digital Gold Ltd. (Argo), a new online gold dealer offering secure digital gold and precious metals trading and storage today announces a strategic i ...
Sprott Focus Trust: Widening Discount And Differentiated Portfolio
Seeking Alpha· 2024-06-23 04:00
That said, with a now wider discount and one looking for more diversification from the tech-heavy broader market, FUND can still be a fairly decent choice worth exploring. 1-Year Z-score: -1.42 Discount: -12.53% Distribution Yield: 7.02% Expense Ratio: 1.15% Leverage: N/A Managed Assets: $252.5million Structure: Perpetual FUND seeks to "deliver superior performance to investors by investing with a long-time horizon in high-quality businesses with strong balance sheets that are trading at attractive valuatio ...
Heliostar Announces Initial Closing of $4.5 Million Offering with Lead Order from Eric Sprott
Newsfile· 2024-06-21 20:43
● Heliostar Announces Initial Closing of $4.5 Million Offering with Lead Order from Eric Sprott The Company expects to close a final tranche of the Offering upon receipt of TSX Venture Exchange approval for the creation of a new insider of the Company. Assuming such approval is obtained, the final tranche is expected to close on or around June 28, 2024, for gross proceeds of approximately $499,790. The Company intends to use the net proceeds of the Offering for the commencement of drilling at Ana Paula and ...
Sprott Physical Copper Trust Announces Exercise of Over-Allotment Option
GlobeNewswire News Room· 2024-06-20 20:43
TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP ("Sprott Asset Management"), a wholly-owned subsidiary of Sprott Inc. ("Sprott") (NYSE/TSX: SII), announced today on behalf of the Sprott Physical Copper Trust (the "Trust") that, in connection with the Trust's initial public offering (the "Offering"), the underwriters have partially exercised the over-allotment option and purchased 1,000,000 transferable units of the Trust (the "Units") at the initial public offering price of US$10.00 pe ...
Golden Spike Updates Oversubscribed Private Placement Financing with Lead Order from Eric Sprott
Newsfile· 2024-06-20 00:21
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2024) - Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) ("Golden Spike" or the "Company") further to its news on June 7, 2024, the Company is pleased to announce that it has amended its non-brokered private placement financing (the "Offering") from 4 million units to 4,170,500 Units (the "Units") at a price of $0.15 per Unit for aggregate gross proceeds of $625,575. Each Unit will be comprised of one (1) common share and one-half of ...
Eric Sprott Announces Changes to His Holdings in TRU Precious Metals Corp
Newsfile· 2024-06-17 20:50
. . 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. June 17, 2024 4:50 PM EDT | Source: Eric Sprott To view the source version of this press release, please visit https://www.new ...