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Troilus Appoints Mining Executive Rob Doyle as Strategic Advisor Ahead of Construction Phase
Globenewswire· 2025-07-09 11:00
MONTREAL, July 09, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce the appointment of Mr. Rob Doyle as Strategic Advisor to the CEO and Chairman, effective August 1, 2025. A highly respected executive in the global mining sector, Mr. Doyle will provide strategic, financial and operational guidance as the copper-gold Troilus Project advances toward construction and long-term production. Mr. Doyle brings more than 25 years of ...
Perpetua Resources Announces Webinar to Provide Update on Successful Financing and Next Steps to Unlock Value at the Stibnite Gold Project
Prnewswire· 2025-06-16 21:03
BOISE, Idaho, June 16, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") is pleased to announce that following the recent closing of its registered offering (the "Offering") and private placement (the "Private Placement") of common shares, it will host a webinar on Wednesday, June 18, 2025, at 9:30 AM Mountain Time (11:30 AM Eastern Time).The webinar will feature John Paulson, Perpetua Resources' largest shareholder, alongside the C ...
Perpetua Resources Closes US$425 Million Financing as part of Comprehensive Financing Package for Stibnite Gold Project
Prnewswire· 2025-06-16 20:57
BOISE, Idaho, June 16, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today that it has closed its previously announced upsized US$325 million public offering of 24,622,000 common shares, no par value, of the Company (the "Common Shares") at a price of US$13.20 per Common Share (the "Offering"). Concurrently with the closing of the Offering, the Company closed its US$100 million private placement of 7,575,757 Common Sha ...
AUGUSTA GOLD RECEIVES LETTER OF INTEREST FROM U.S. EXIM BANK FOR UP TO US$50 MILLION IN HIGH QUALITY FINANCING FOR REWARD PROJECT
Prnewswire· 2025-06-16 10:00
Core Viewpoint - Augusta Gold Corp. has received a Letter of Interest from the Export-Import Bank of the United States for up to US$50 million in financing to support the development of its Reward Project in Nevada, highlighting the project's significance for domestic mineral production and economic development [1][3]. Financing Details - The non-binding Letter of Interest outlines EXIM's preliminary interest in providing a competitively priced loan with a potential 10-year repayment term, including an interest-only period [2]. - The financing is intended to cover over 50% of the project construction cost, indicating strong support for the Reward Project [3]. Project Overview - The Reward Project is a fully permitted, construction-ready gold project located in Nye County, Nevada, expected to create high-quality jobs and contribute to the U.S. supply chain of critical minerals [3]. - The project aligns with EXIM's policy goals of job creation and export nexus, with potential backing from state and local governments [2]. Future Collaboration - Augusta Gold aims to work closely with EXIM to finalize terms and bring the Reward Project into production, indicating a commitment to advancing the project [4].
Perpetua Resources Announces Upsizing of Previously Announced Bought Deal Public Offering of Common Shares
Prnewswire· 2025-06-12 14:17
BOISE, Idaho, June 12, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or the "Company") announced today that as a result of excess demand, it has agreed with the syndicate of underwriters led by National Bank of Canada Financial Markets and BMO Capital Markets, on behalf of themselves and a syndicate of underwriters (the "Underwriters") to increase the size of its previously announced bought deal financing. Perpetua Resources will now issue 24,622,000 common sh ...
Perpetua Resources Announces US$300 Million Bought Deal Financing and US$100 Million Private Placement as part of Comprehensive Financing Package for Stibnite Gold Project
Prnewswire· 2025-06-11 20:34
BOISE, Idaho, June 11, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or the "Company") announced today that it has entered into an agreement with National Bank of Canada Financial Markets and BMO Capital Markets, on behalf of themselves and a syndicate of underwriters (the "Underwriters") under which the Underwriters have agreed to purchase, on a bought deal basis, 22,728,000 common shares, no par value, of the Company (the "Common Shares") at a price of US$13 ...
Perpetua Resources Submits Formal Application to Export-Import Bank of the United States to Finance the Stibnite Gold Project
Prnewswire· 2025-05-23 11:00
Core Viewpoint - Perpetua Resources Corp. has submitted a formal application to the Export-Import Bank of the United States (EXIM) for potential debt financing of up to $2 billion to construct the Stibnite Gold Project, which aims to establish a domestic source of antimony and produce gold [2][3][4]. Group 1: Project Financing and Application - The application amount has increased from $1.8 billion to $2 billion, reflecting a higher estimated number of job-years based on recent financial updates and engineering work [1][3]. - EXIM is expected to conduct standard due diligence on the application, assessing the project's eligibility under relevant initiatives [2][3]. - The financing, if approved, could cover a majority of the project's development costs, enhancing the U.S. competitive position against China in antimony production [5][6]. Group 2: Strategic Importance of the Project - The Stibnite Gold Project is positioned as a national strategic asset for domestic antimony production and is also recognized as a world-class gold asset [4][5]. - The project aims to restore a secure supply of antimony for the U.S., which is critical for national defense, especially after China blocked global antimony exports in 2024 [5][6]. - Perpetua Resources has received a Technology Investment Agreement of $59.2 million in Defense Production Act funding to advance the project [7]. Group 3: Regulatory and Permitting Progress - Perpetua has received its final federal permit, the Clean Water Act Section 404 permit, marking the end of an eight-year federal permitting process [6]. - The company is now focused on obtaining remaining state permits and securing financing to commence construction [6][7].
Solaris Enters into US$200 Million Financing Agreements with Royal Gold to Advance the Warintza Project
Globenewswire· 2025-05-21 10:00
Core Viewpoint - Solaris Resources Inc. has secured a US$200 million financing arrangement with RGLD Gold AG, which includes a gold stream and net smelter return royalty, aimed at enhancing liquidity and supporting the Warintza project development [2][3][5]. Financing Agreements - The financing package consists of a non-dilutive US$200 million, with US$100 million available immediately, to fund derisking activities and repay the senior secured debt facility [5][6]. - The structure of the financing aligns with Solaris' strategy to maximize shareholder value without dilution, reinforcing Warintza's status as a tier 1 copper asset [3][5]. Project Development - The financing will support technical studies, permitting, early infrastructure development, and general working capital, ensuring the company is funded through to a final investment decision (FID) [6][19]. - The company plans to publish a Pre-Feasibility Study (PFS) in Q3 2025, followed by a Bankable Feasibility Study [19][20]. Strategic Relationships - Partnering with Royal Gold provides competitive capital costs and a strategic relationship that enhances project flexibility [4][5]. - The financing structure allows for future project financing while maintaining strategic optionality around the Warintza project [18]. Exploration Potential - The Stream area of interest is limited, allowing Solaris to retain significant exploration upside, with commercial optionality around high-priority targets within the Warintza district [9][15]. - The company is also advancing exploration across its broader land package of over 260 km², which includes several high-priority regional targets [22]. Environmental and Social Commitment - Royal Gold has committed to financially support Solaris' environmental and social programs, reflecting a commitment to sustainable development and stakeholder engagement [17].
Ignitis Group concluded a EUR 77.5 million financing agreement with Swedbank
Globenewswire· 2025-05-16 13:05
AB “Ignitis grupė” (hereinafter – the Group) informs that on 16 May 2025 a subsidiary of the Group, SP Venta SIA, concluded a EUR 77.5 million project financing agreement (hereinafter – the Loan) with Swedbank AS (Latvia) and “Swedbank” AB (Lithuania) regarding a Stelpe solar farm and Vārme solar farm with a total capacity of 239 MW.The Loan will be granted by two creditors, divided equally equal, for a period of 15 years. Other terms and conditions of the Loan are standard for project financing transaction ...
Troilus Secures US$35 Million Loan Facility to Advance Pre-Development Activities
Globenewswire· 2025-05-15 21:05
MONTREAL, May 15, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) (“Troilus” or the “Company”) announces that it has secured a loan agreement (the “Loan Agreement”) with Auramet International, Inc. (the “Lender”) for a principal amount of up to US$35 million (~CDN$49 million) (the “Loan”). This non-dilutive facility will support Troilus’ near-term development activities, including final permitting, early works preparation, and advancement toward full project financing. Just ...