Winshear Gold Corp.
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Winshear Gold Announces $2,500,000 Private Placement
Globenewswire· 2026-02-02 12:30
Core Viewpoint - Winshear Gold Corp. is conducting a non-brokered private placement to raise $2,500,000 for its Portsoy project and general working capital [2][3]. Group 1: Private Placement Details - The company is offering 25,000,000 Units at a price of $0.10 per Unit, with each Unit consisting of one common share and one half of a common share purchase warrant [2]. - Each full warrant allows the holder to purchase one common share at a price of $0.20 for a period of 36 months from the closing date [2]. - Finder's fees of up to 6% cash and a 6% warrant will be paid, with terms similar to the Unit warrants [2]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated to a drill program at the Portsoy project in Scotland and for general working capital [3]. Group 3: Regulatory and Compliance Information - The completion of the private placement is subject to approval from the TSX Venture Exchange [3]. - All securities issued will be subject to a hold period of four months and one day from the date of issuance [3]. Group 4: Company Overview - Winshear Gold Corp. is a Canadian-based minerals exploration company with projects in Scotland (Portsoy Project) and Ontario (Thunder Bay Project) [4].
Winshear Receives TSX-V Consent for the Option Agreement on the Portsoy Nickel – Copper – Cobalt Project, Scotland
Globenewswire· 2025-12-23 23:00
Core Viewpoint - Winshear Gold Corp. has received final approval from the TSX Venture Exchange for an agreement with Peak Nickel Limited, allowing Winshear to earn a 100% interest in the Portsoy Project, a 250 km area located in Aberdeenshire, Northeast Scotland [1] Group 1: Project Overview - The Portsoy Project includes the Rodburn Target, which was initially discovered in the early 1970s and has undergone recent drilling by Peak Nickel, confirming significant nickel (Ni), copper (Cu), and cobalt (Co) mineralization [4][12] - Historical exploration in the 1970s identified significant Ni and Cu sulphide mineralization, and recent drilling has confirmed these results while also identifying Co associated with the mineralization [3][4] - The project area is underlain by Neoproterozoic rocks and has been intruded by ultramafic and mafic rocks, which host the known mineralization [13] Group 2: Exploration and Drilling - A minimum 1,000 m diamond drilling program is recommended to explore down-dip and along-strike extensions of mineralization at the North and South Zones of the Rodburn Target, with an estimated budget of CAD$560,000 [3] - Between 2019 and 2022, Peak Nickel secured exploration and mining lease agreements with landowners and completed 3,697.5 m of drilling in 24 holes, confirming the presence of cobalt mineralization [4][15] - The South Zone mineralization is modeled to extend from 5-10 m to 170-200 m from the surface, with a strike length of approximately 400 m, while the North Zone is open laterally and modeled from 25 m to 70 m from the surface [5][6] Group 3: Financial and Operational Terms - To earn a 100% interest in the Portsoy Project, Winshear must complete 1,000 m of drilling, spend a total of £3,000,000 within five years, and issue 6,500,000 common shares to Peak Nickel over a five-year period [9] - Peak Nickel will act as the designated contractor for the first two years of the exploration program, under the control of Winshear's Management Committee [10] - Winshear has made various payments to Peak Nickel totaling £174,145 prior to and during the agreement execution [11]
Winshear Reports AGM Results and Issues Incentive Stock Options
Globenewswire· 2025-10-23 11:30
Core Points - Winshear Gold Corp. held its Annual General Meeting on October 20, 2025, with all matters approved unanimously [1] - The Board of Directors approved the issuance of 1,600,000 incentive stock options with an exercise price of $0.13 per share, expiring on October 22, 2030, vesting quarterly over the next 12 months [2] - The company's Stock Option Plan allows for the issuance of up to 10% of issued and outstanding share capital in stock options, with the current issuance representing 8.36% of the total [3] - Winshear Gold Corp. is engaged in minerals exploration in Canada and the UK, focusing on gold, nickel, copper, and PGE exploration, particularly in the Thunder Bay Project in Ontario and the Portsoy Nickel-Copper-Cobalt project in Scotland [4]
Winshear Reports Regional Scale Gold Geochemical Anomaly At The Thunder Bay Gold Project, Ontario
Globenewswire· 2025-09-22 13:58
VANCOUVER, British Columbia, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Winshear Gold Corp. ("Winshear" or the "Company") (TSXV:WINS) provides new geochemical results from reconnaissance mapping, prospecting and basal till geochemical sampling at the Thunder Bay Gold Project (TBGP’), NW Ontario. Numerous areas for follow up have been identified, the most prominent of which is the discovery of a six kilometre-long series of anomalous gold-in-till samples named ‘Inflection’, which is located in the central / souther ...
降息预期摇摆,镍价震荡
Tong Guan Jin Yuan Qi Huo· 2025-08-18 02:52
1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - Macro aspect: During the reporting period, macro expectations fluctuated. At the beginning of the week, the market's expectation of three Fed rate cuts within the year significantly increased, with a potential rate cut of up to 175bp by the end of 2026. However, after the PPI data was released at the end of the week, the market reversed its assessment of inflation risks, and Fed officials released hawkish statements, leading to repeated macro expectations [3]. - Fundamental aspect: Overseas nickel ore supply is becoming more abundant, but there are no obvious signs of price decline. Ferronickel prices are rising, and ferronickel plant profits are recovering. However, stainless steel lacks upward momentum, and resource circulation is poor, resulting in weak ferronickel consumption. The nickel sulfate market remains hot, but terminal consumption is weak, and the sustainability of the market's heat is questionable. The spot market for pure nickel is sluggish, with strong downstream wait - and - see sentiment, and stable fluctuations in premiums and discounts [3]. - Future outlook: High inflation and weak employment may lead to repeated swings in rate - cut expectations, causing nickel prices to fluctuate. High tariffs are increasing upstream inflation pressure, and rising PPI may be transmitted to CPI. At the same time, weak non - farm data and rising unemployment may slow down total demand. The market's expectations for Fed monetary policy may swing between inflation control and employment stability. In the industry, stainless steel prices are falling after a rise, and new energy vehicle consumption growth has turned negative. Supply is expected to be stable, and there is an expectation of a weakening in the ore end, but it has not materialized. Overall, nickel prices will fluctuate under macro - level drivers [3][11]. 3. Summary According to Relevant Catalogs 3.1 Market Review - Macro: As of August 9, the initial jobless claims were 224,000, lower than the expected 228,000. The US PPI annual rate in July was 3.3%, higher than the expected 2.5%. The monthly PPI in July increased by 0.9%, much higher than the expected 0.2%. At the beginning of the week, the US Treasury Secretary's remarks boosted rate - cut expectations, while at the end of the week, hawkish statements were released due to inflation concerns [5]. - Nickel ore: The FOB price of 1.5% laterite nickel ore in the Philippines dropped from $51/wet ton to $50/wet ton, while the domestic FOB price of 1.5% laterite nickel ore in Indonesia rose from $37.55/wet ton to $37.75/wet ton. Although the supply of nickel ore is expected to be more abundant, the price of Indonesian nickel ore remains firm [5]. - Pure nickel: In July, domestic monthly production capacity decreased slightly by 400 tons to 53,699 tons, while smelter production plans increased slightly month - on - month. In July, electrolytic nickel production was 32,800 tons, an increase of about 1,000 tons from the previous month, and the operating rate was 61.08%, up about 1.86 percentage points. In June, domestic electrolytic nickel exports decreased by 5.66% year - on - year and 3,830 tons month - on - month, while imports increased by 119.71% year - on - year. As of August 14, the export profit of nickel in China was - $6.68/ton. Overall, import resources are stable, but export profits are shrinking, and smelting supply remains high [6]. - Ferronickel: The price of high - nickel pig iron (10% - 12%) rose from 912 yuan/nickel point to 918.5 yuan/nickel point. In July, China's ferronickel production was about 24,540 metal tons, a month - on - month decrease of 0.44%. In June, domestic ferronickel imports were about 1.0414 million tons, a year - on - year increase of 50.05%. Imports from Indonesia were about 1.0177 million tons, a significant month - on - month increase. In July, Indonesia's ferronickel production was about 134,400 tons, a year - on - year increase of 28.14% and a month - on - month decrease of 1.73%. As of July 31, the physical ton inventory of ferronickel was 284,900 tons, an increase of about 31,000 tons from the previous period [7]. - Stainless steel: In July, the production plan for 300 - series stainless steel in China was about 1.74 million tons, an increase of about 15 tons compared to the same period last year and unchanged month - on - month. Although stainless steel prices have rebounded, downstream demand is weak, and holders are actively reducing prices to sell. The recovery space for ferronickel is limited due to weak consumption [8]. - Nickel sulfate: The price of battery - grade nickel sulfate rose from 27,440 yuan/ton to 27,530 yuan/ton, while the price of electroplating - grade nickel sulfate remained at 28,000 yuan/ton. In July, the metal output of nickel sulfate was about 29,084 tons, a year - on - year increase of 4.77% and a month - on - month increase of 17.3%. The output of ternary materials in July increased to about 68,600 tons, a year - on - year increase of 16.7% and a month - on - month increase of 5.8%. As of August 8, the downstream inventory days of nickel sulfate increased to 11 days, while the upstream inventory days remained at about 6 days. The spot market for nickel sulfate is hot, but price increases are mainly cost - driven, and production profitability remains negative overall [8]. - New energy: From August 1 - 10, the retail sales of the national passenger car market were 452,000 vehicles, a 4% year - on - year decrease and a 6% month - on - month increase. The retail sales of the national new energy passenger car market were 262,000 vehicles, a 6% year - on - year and month - on - month increase, with a retail penetration rate of 57.9%. The new energy market is also showing signs of weakness, and the consumption in August is facing high - base pressure. Although subsidy policies may boost consumption, the core driving force for consumption lies in employment and income [9]. - Inventory: The current total social inventory of pure nickel in six locations is 41,891 tons, a decrease of 1,319 tons from the previous period. The SHFE inventory is 22,141 tons, a month - on - month increase of 1,418 tons. The LME nickel inventory is 211,662 tons, a month - on - month decrease of 570 tons. The total inventory of the two major global exchanges is 233,803 tons, a month - on - month increase of 848 tons [10]. 3.2 Industry News - Winshear Gold Corp. has signed an option agreement for the Portsoy nickel - copper - cobalt project in Scotland. If the agreement is approved, Winshear will obtain 100% equity in the project, covering 250 square kilometers. Winshear promises to invest £3 million in 5 years and issue 6.5 million shares to Peak Nickel. Peak Nickel will retain a 1% NSR with a maximum limit of £10 million and may receive a 10% share of the proceeds if the project is acquired by a third party [12]. - Lifezone Metals has obtained a $60 million bridge loan for its Kabanga nickel project in Tanzania. The Kabanga project is one of the largest and highest - grade undeveloped nickel sulfide projects in the world, containing over 2 million tons of battery - grade metal resources and significant amounts of copper and cobalt [12]. - The nickel industry in Indonesia is facing multiple challenges, including regulatory pressure, ESG compliance requirements, and the need to increase downstream added value. Rising costs such as royalties, reclamation deposits, and the upcoming global minimum tax may force some smelters to shut down. The APNI has developed national ESG parameters by integrating 57 regulations from six ministries with international standards [12]. 3.3 Related Charts - The report provides multiple charts, including those showing the trends of domestic and international nickel prices, spot premiums and discounts, LME0 - 3 nickel premiums and discounts, nickel domestic - to - foreign ratios, nickel futures inventory, nickel ore port inventory, high - nickel iron prices, 300 - series stainless steel prices, and stainless steel inventory [14][16].
Winshear Enters Option Agreement on the Portsoy Nickel – Copper – Cobalt Project, Scotland
Globenewswire· 2025-08-11 11:30
Core Viewpoint - Winshear Gold Corp. has entered into an agreement to earn a 100% interest in the Portsoy Project, a nickel-copper-cobalt project located in Northeast Scotland, subject to TSX Venture Exchange approval [1][2]. Project Overview - The Portsoy Project covers an area of 250 km² and is located approximately 60 km northwest of Aberdeen, Scotland [9]. - The project area is underlain by Neoproterozoic rocks of Dalradian Age, intruded by ultramafic and mafic rocks, which host the nickel-copper-cobalt mineralization [10]. Exploration and Drilling Results - Exploration at the Rodburn Target has revealed near-surface, high-grade nickel-copper-cobalt sulphide mineralization [2]. - Significant drill intercepts include: - RBD001: 12.48 m at 0.63% Ni, 0.54% Cu, and 403 ppm Co [4]. - RBD002: 35.40 m at 0.71% Ni, 0.30% Cu, and 473 ppm Co [4]. - RBD004: 12.26 m at 1.02% Ni, 0.83% Cu, and 633 ppm Co [4]. - The South Zone of the Rodburn Target is up to 30 m thick and has been confirmed to a vertical depth of 180 m, while the North Zone remains open in all directions [6][12]. Agreement Terms - To earn a 100% interest, Winshear must complete a minimum of £3,000,000 in expenditures over five years, including 1,000 m of drilling and metallurgical testwork [13]. - The agreement includes the issuance of 6,500,000 common shares to Peak Nickel over five years [13]. Future Plans - Upon TSX-V approval, the company plans to commence a minimum 1,000 m drill program and initiate metallurgical testwork [16].
Winshear Receives TSXV Approval to the Thunder Bay Gold Project, NW Ontario and Grants Director Stock Options
Globenewswire· 2025-07-25 12:00
VANCOUVER, British Columbia, July 25, 2025 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (TSXV: WINS) (‘Winshear’ or the ‘Company’) is pleased to announce that, further to its news release of May 22, 2025, on July 17, 2025 it received final approval from the TSX Venture Exchange (the ‘TSXV’) of its property option agreement to earn a 100% interest in the 360km2 Thunder Bay Gold Project (‘TBGP’), located immediately Northeast of Thunder Bay. The Company has issued 100,000 shares each to two vendors, neither of who ...
Winshear Appoints Andrew MacRitchie to the Board of Directors
Globenewswire· 2025-07-15 12:00
Core Viewpoint - Winshear Gold Corp. has appointed Mr. Andrew MacRitchie to its Board of Directors, bringing extensive experience in the mining sector [1][2]. Company Overview - Winshear Gold Corp. is a Canadian-based minerals exploration company currently engaged in a regional exploration program at the Thunder Bay Gold Project in Northwest Ontario [3]. Leadership Experience - Mr. Andrew MacRitchie is a Chartered Professional Accountant with over 25 years of leadership experience in publicly listed exploration and mining companies [2]. - He has played a significant role in raising over $1.5 billion in capital for various organizations throughout his career [2]. - His previous experience includes working with PricewaterhouseCoopers and contributing to projects across multiple continents, including North America, South America, Africa, Europe, and Asia [2].
Winshear Closes Oversubscribed Private Placement
Globenewswire· 2025-06-24 11:30
Core Viewpoint - Winshear Gold Corp. has successfully closed a non-brokered private placement, raising approximately $758,000 through the issuance of 12,633,333 Units, which will be used for exploration and working capital [1][3]. Group 1: Private Placement Details - The Offering consisted of 12,633,333 Units, with gross proceeds of $757,999.98 [1]. - Each Unit includes one common share and one half of a Share purchase warrant, with each full Warrant allowing the purchase of one Share at $0.12 for 24 months [1]. - Finder fees of $25,680 cash and 339,000 Warrants were paid on certain subscriptions [2]. Group 2: Use of Proceeds - Proceeds from the Offering will fund exploration of the Thunder Bay Gold Project and general working capital [3]. - The acquisition of the Thunder Bay Gold Project is under review by the TSX Venture Exchange and is subject to final acceptance [3]. Group 3: Related Party Transactions - Certain directors and officers of Winshear purchased a total of 1,100,000 Units in the Offering, which may be considered a related party transaction [4].
Winshear Announces Change to the Board of Directors
Globenewswire· 2025-06-09 21:00
Core Viewpoint - Winshear Gold Corp. has decided to relinquish its Gaban and Ica projects in Peru, transferring them back to Palamina Corp, which has led to the resignation of Mr. Andrew Thomson from Winshear's Board of Directors [1]. Company Overview - Winshear Gold Corp. is a Canadian-based minerals exploration company [2].