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].

Core Viewpoint - Troilus Gold Corp. has secured a loan agreement with Auramet International for up to US$35 million to support its near-term development activities, enhancing financial flexibility and reducing capital costs [1][2]. Loan Agreement Details - The loan agreement provides a principal amount of up to US$35 million (~CDN$49 million) to support final permitting, early works preparation, and project financing [1]. - The loan has an initial term of one year and is structured to be drawn down in tranches, with an initial tranche of US$15 million already advanced [2][3]. - The remaining US$20 million will be available for drawdown starting 90 days after the initial advance, subject to certain conditions [2]. Financial Terms - The loan bears a monthly interest rate of 1.0% on the outstanding balance and is secured by a negative pledge on the company's assets [3]. - Troilus has the option to prepay the loan without penalty and may extend the maturity for an additional six months at a higher interest rate of 1.25% per month [3]. Warrants Issuance - In consideration of the first tranche, the lender received 5,000,000 warrants exercisable at an exercise price of $0.60 per share [4]. - An additional 5,000,000 warrants will be issued upon the drawdown of the second tranche, with the exercise price set at a 10% premium to the 5-day VWAP prior to issuance [4]. Company Background - Troilus Gold Corp. is a Canadian development-stage mining company focused on advancing the former Troilus Mine towards production, located in Quebec [6]. - The company holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt and has a feasibility study supporting a 22-year, 50ktpd open-pit mining operation [6]. Auramet International - Auramet is a major player in the precious metals industry with over US$25 billion in annual revenues and provides a full range of services [5]. - The company acts as Troilus's senior advisor on project financing initiatives, bringing extensive industry expertise [5].

Core Viewpoint - The company is on track with project development and has experienced strong tailwinds in Q1 2025, despite external challenges [1][19]. Project Development and Financing - The company aims to complete construction of the Northern Pipeline by the end of 2026 and the Southern Pipeline by the end of 2027, with an aggressive schedule in place [2]. - Key objectives in Q1 included establishing new companies for project development and securing a lead project investor to raise capital and fund construction [3]. - A $20 million equity raise was closed in Q1 to cover capital costs and development expenses, ensuring the company remains on schedule [9]. Strategic Decisions and Market Positioning - The company secured a deal to purchase 180 miles of steel pipe from the Keystone XL project, which is not subject to the 25% tariffs on imported steel announced by President Trump, thus mitigating project cost risks [4]. - The company delayed permit applications until the new administration was in place, anticipating a more efficient review process under the Trump Administration, which is expected to provide a tailwind for project development [5]. - The company locked in linear generation technology that qualifies for a 50% Investment Tax Credit (ITC) on approximately $120 million in expected costs, which is crucial for securing project investors [6]. Joint Powers Authority and Municipal Financing - The Victor Valley Wastewater Reclamation Authority voted to form a Joint Powers Authority (JPA) to support municipal financing for the project, allowing access to municipal debt for construction financing [11]. ATEC Operations and Market Growth - ATEC completed delivery on the 60MGD Central Utah treatment project and opened a new building to double its production capacity, indicating growth in operations [12]. - The groundwater remediation market in the U.S. is projected to grow at a CAGR of 8.4% to $163.4 billion by 2027, with ATEC's opportunities in various stages of project development increasing significantly in Q1 [13]. Cadiz Ranch Developments - The company is building out wellfield infrastructure at Cadiz Ranch and assisting in the permit process for a hydrogen production facility, with interest from other developers for additional facilities [17][18].