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$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 ...
Golden Spike Announces an Oversubscribed Private Placement Financing with Lead Order from Eric Sprott
Newsfile· 2024-06-07 12:00
June 07, 2024 8:00 AM EDT | Source: Golden Spike Resources Corp. The proceeds from the financing will be used for exploration of the Company's 100%-owned Gregory River copper-gold property (the "Property") located in Newfoundland, Canada and for general working capital purposes. Golden Spike Resources Corp.'s Gregory River Property is located on the west coast of Newfoundland and was acquired by the Company in July 2022. The Property spans 3,425 hectares and is centered on an 11-km stretch of the prospectiv ...
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1299 Per Share
GlobeNewswire News Room· 2024-06-04 21:37
The Fund's estimated sources of the distribution to be paid on July 1, 2024 and for 2024 year-to-date are as follows: Estimated Allocations as of May 31, 2024 | | Distribution | Net Investment | Net Realized | Net Realized | Return of Capital | | --- | --- | --- | --- | --- | --- | | | Per Share | Income | Short-Term Gains | Long-Term Gains | | | FUND | $ 0.1299 | $ 0.0193 (14.86%) | $ 0.0050 (3.85%) | $ 0.1056 (81.29%) | $ 0.000 (0.00%) | TORONTO, June 04, 2024 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. ...
Silver supply/demand imbalance amid energy transition means ‘much higher prices for silver bullion and equities' – Sprott CIO Smirnova
KITCO· 2024-05-30 19:06
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