Second Quarter 2025 Earnings Release Presentation Aug 2025 : SGML : SGML : S2GM34 Disclaimer (…) to risks associated with its reliance on consultants and others for mineral exploration and exploitation expertise; The current COVID-19 pandemic could have a material adverse effect on Sigma's business, operations, financial condition and stock price; If Sigma is unable to ultimately generate sufficient revenues to become profitable and have positive cash flows, it could have a material adverse effect on its pr ...

Core Viewpoint - Perpetua Resources Corp. is advancing its Stibnite Gold Project, aiming to become a key domestic source of antimony and develop one of the largest gold mines in the U.S. [2][4] Financial Results - The unaudited condensed consolidated financial results for the period ended June 30, 2025, have been filed [1]. Project Development - The company received its final federal permit for the Stibnite Gold Project after eight years of coordination and review [4]. - Early works construction is expected to start in the fall of 2025, with full construction readiness planned for spring 2026 [2][4]. - The project aims to restore an abandoned mine site while producing gold and antimony, which is critical for U.S. defense needs [5]. Financing Efforts - Perpetua Resources closed a gross proceeds equity financing of $425 million, with an additional $49 million from the full exercise of an underwriter option, totaling approximately $474 million [7]. - The company is pursuing a potential royalty or stream arrangement and advancing U.S. EXIM debt financing for up to $2.0 billion [4][7]. Regulatory Approvals - The Idaho Board of Environmental Quality upheld the air permit for the project, rejecting challenges from petitioners [7]. - The U.S. Army Corps of Engineers issued the Section 404 permit for the project [7].

Core Viewpoint - The company reported significant improvements in net revenue and net earnings for the quarter ended June 30, 2025, driven by gains in its securities portfolio and contributions from Sterling and Galibier, despite facing integration costs and lower management fee revenue in other areas. Financial Performance - Net revenue for Q2 2025 was $90.0 million, up from $64.2 million in Q2 2024, with $33.2 million contributed by Sterling and Galibier [3][5] - Operating earnings decreased to $6.1 million from $14.3 million year-over-year, while EBITDA fell to $14.9 million from $21.4 million [4][5] - Net gains for the quarter were $55.0 million, a significant recovery from net losses of $39.2 million in the same quarter last year [5] - Net earnings attributable to shareholders were $55.2 million, compared to a net loss of $23.1 million in the prior year [5] Cash Flow and Equity - Adjusted cash flow from operations attributable to shareholders was $10.7 million, down from $13.9 million in the comparative period [6] - Shareholders' equity as of June 30, 2025, was $1,323 million, or $54.29 per share, compared to $1,318 million, or $53.76 per share at the end of 2024 [6][9] Client Assets - Total client assets were reported at $164.1 billion as of June 30, 2025, down from $169.0 billion at the end of 2024, with a notable increase of $107.0 billion attributed to Sterling and Galibier since June 30, 2024 [2][6] - The decrease in total client assets since December 31, 2024, was primarily due to the depreciation of the US dollar against the Canadian dollar, which reduced total client assets in the US segment by $6.5 billion [2]

VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. (“Maxus” or the “Company”) (CSE: MAXM | FRA: R7V), is pleased to announce that is has closed its non-brokered private placement (the “Offering”) previously announced on June 20, 2025 and has issued 10,302,200 units (each, a “Unit”), at a price of $0.35 per Unit, for aggregate gross proceeds of $3,605,770. Each Unit is comprised of one common share of the Company (each, a “Share”) and one transferable common share purchase warra ...

Core Points - Midasco Capital Corp. has received conditional acceptance from the TSX Venture Exchange for its acquisition of Spartan Exploration Nevada Corporation, a subsidiary of Ridgeline Minerals Corp. This acquisition is part of a proposed transaction and concurrent reactivation of Midasco's listing to become a Tier 2 mining issuer on the TSXV [1][2] - The company plans to change its name to "Spartan Metals Corp." and its ticker symbol to "W" upon closing the proposed transaction, which is expected to occur in July 2025 [2] - Midasco intends to appoint Kosta Tsoutsis to its Board of Directors, who has over 20 years of experience in finance and capital markets [3]

Company Overview - Ridgeline Minerals Corp. is a discovery-focused precious and base metal explorer with a management team that has a proven track record [2] - The company has a 200 km² exploration portfolio across seven projects located in Nevada, USA [2] - Ridgeline operates a hybrid exploration model, featuring a mix of 100%-owned exploration assets and earn-in agreements with Nevada Gold Mines and South32 [2] Recent Developments - The company announced an update regarding its upcoming annual general meeting scheduled for August 12, 2025, correcting a typographical error related to the record date, which is confirmed as July 3, 2025 [1]

Company Overview - Copper Road Resources Inc. has appointed Mr. Brian Howlett as President and CEO, effective immediately, bringing extensive experience in the junior exploration business [1] - The company aims to generate renewed interest through the acquisition of a new project or business and plans to relaunch its website soon [2] Shareholder Engagement - Mr. Howlett expressed the company's commitment to updating shareholders as warranted regarding future developments [2] - Copper Road remains a significant shareholder of Sterling Metals Corp., holding approximately 7% of the shares outstanding [2]

Core Viewpoint - Perpetua Resources Corp. has successfully closed a US$325 million public offering and a US$100 million private placement to fund the development of its Stibnite Gold Project, aiming for comprehensive financing to support construction and operational costs [1][3][4]. Financing Details - The public offering consisted of 24,622,000 common shares priced at US$13.20 each, while the private placement involved 7,575,757 common shares sold to Paulson & Co. Inc. [1][9] - The proceeds from both offerings will be used for equity requirements related to a US$2 billion project financing application submitted to the Export-Import Bank of the United States (EXIM) [3][4]. Project Development - The Stibnite Gold Project is projected to require total construction costs of US$2.2 billion, with additional funds allocated for cost overruns, debt service, and exploration activities [4]. - The company is in advanced discussions for a US$155 million guarantee related to reclamation bonds, which is essential for meeting financial assurance requirements [5]. Regulatory and Permitting Status - The company anticipates that securing the necessary financial assurance will enable it to receive the USFS notice to proceed with construction under the approved plan of operation [5]. - The remaining state permits required for construction are expected to be issued in summer 2025 [5]. Underwriters and Additional Offerings - The underwriters have an option to purchase an additional 3,693,300 common shares, which could increase the total gross proceeds of the offering to approximately US$374 million if fully exercised [6]. Company Background - Perpetua Resources focuses on the exploration and redevelopment of gold-antimony-silver deposits in Idaho, with the Stibnite Gold Project being one of the highest-grade open-pit gold deposits in the U.S. [10]. - The project aims to restore an abandoned mine site while producing gold and the only mined source of antimony in the U.S., which is critical for national defense [10].

Core Viewpoint - Aftermath Silver Ltd. has made a partial payment of US$1.5 million towards the acquisition of the Berenguela silver-copper-manganese project in Peru, ahead of the due date, which has resulted in a reduced balance owed to EMX Royalty Corp. [3][5] Group 1: Financial Transactions - The company has an option to acquire a 100% interest in the Berenguela project through agreements with SSR Mining Inc. and EMX Royalty Corp. [2] - Aftermath Silver's payment obligations total US$13 million, with the remaining payments summarized as follows: US$3 million paid on May 15, 2025; US$1.5 million paid in June 2025; and US$1.65 million due in November 2026 [5][7]. - A sliding-scale NSR royalty will be applied to all mineral production from the project, starting at 1.0% when silver prices are up to US$25 per ounce, and increasing to 1.25% when silver prices exceed US$25 and copper prices are above US$2 per pound [7]. Group 2: Project Development - The company is focusing on the Berenguela project and expects an updated NI43-101 mineral resource estimate to be completed soon [4]. - Recent drilling in the eastern part of Berenguela intersected 153 meters of mineralization, including 1.12% copper, 290 g/t silver, and 7% manganese [4]. Group 3: Company Background - Aftermath Silver is a Canadian junior exploration company focused on silver, aiming to deliver shareholder value through the discovery, acquisition, and development of quality silver projects in stable jurisdictions [9]. - The company has developed a pipeline of projects at various stages of advancement, selected based on growth and development potential [9].