Workflow
Precious Metals Market
icon
Search documents
Tier One Silver Closes $6.5 Million Oversubscribed Equity Financing
Newsfile· 2025-09-17 12:47
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Tier One Silver Inc. (TSXV: TSLV) (OTCQB: TSLVF) ("Tier One" or the "Company") is pleased to announce that it has completed the second and final tranche of its previously announced upsized non-brokered private placement (the "Offering") by issuing 39,762,000 units at C$0.08 per unit for gross proceeds to the Company of C$3,180,960, bringing the total gross proceeds from the Offering to C$6,500,000. Each unit consists of one common share ( ...
Electrum Discovery Updates Shareholders on Operations, Strategy, and Grants Options
Thenewswire· 2025-08-25 06:00
Core Insights - Electrum Discovery Corp. is shifting its focus towards advancing its gold-silver portfolio, particularly the Novo Tlamino project, while maintaining its commitment to copper exploration at the Timok East project [2][4][6] Group 1: Key Assets and Positioning - Electrum fully owns two projects: Timok East (copper-gold) and Novo Tlamino (gold-silver), both located in the Western Tethyan Belt in Serbia [1][26] - The Novo Tlamino project hosts the Barje gold-silver deposit with an inferred resource of 7.1 million tonnes grading 2.5 g/t Au and 38 g/t Ag, equating to approximately 670,000 ounces of AuEq [5][10] Group 2: Strategic Focus and Exploration Plans - The company plans to conduct approximately 3,200 meters of infill drilling and 1,000 meters of step-out drilling at the Barje deposit to support a resource update and test potential extensions [6][12] - Upcoming geophysical surveys at Timok East will refine high-priority drill targets, while the company continues systematic exploration [4][18] Group 3: Market Conditions and Growth Potential - With the strengthening of precious metals markets, the company believes advancing its gold-silver portfolio will yield more immediate returns for shareholders [2][4] - The Barje deposit's mineralization is suitable for conventional open-pit mining, and previous drilling has shown high-grade gold intercepts [6][7][8] Group 4: Future Catalysts - Near-term catalysts include the commencement of Barje infill and step-out drilling, additional metallurgical test-work, and a revised mineral resource estimate for Barje [23] - The company is also advancing target exploration across its 400 km² land package in the Novo Tlamino area, focusing on prospects like Karamanica and Jube Jube [14][15] Group 5: Corporate Developments - Electrum has granted 1,000,000 incentive stock options to its new directors, which are exercisable at $0.13 per common share [24]
A-Mark Precious Metals Appoints Cary Dickson as Chief Financial Officer Effective July 1, 2025
Globenewswire· 2025-04-14 12:00
Core Points - A-Mark Precious Metals, Inc. has appointed Cary Dickson as Chief Financial Officer effective July 1, 2025, after Kathleen Simpson-Taylor's retirement [1][2] - The Board of Directors has extended the contracts of President Thor Gjerdrum and COO Brian Aquilino for an additional three years, through June 30, 2028 [4] Management Changes - Cary Dickson, who previously served as CFO from November 2015 to September 2019, will re-join A-Mark as Executive Vice President on May 2, 2025, before assuming the CFO role [1][2] - Kathleen Simpson-Taylor has been acknowledged for her contributions during her tenure, which saw transformational growth for the company [3] - Dickson expressed excitement about returning to A-Mark and focusing on strategic priorities, including capital efficiency and integration initiatives [3] Company Overview - A-Mark Precious Metals, founded in 1965, is a fully integrated precious metals platform offering a range of products including gold, silver, platinum, palladium, and copper [5] - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [5][12] - A-Mark has a global customer base that includes mints, manufacturers, refiners, dealers, financial institutions, and retail customers [5] Business Operations - The Wholesale Sales & Ancillary Services segment purchases and distributes precious metal products, including being a U.S. Mint-authorized purchaser since 1986 [6][7] - The Direct-to-Consumer segment operates multiple websites targeting specific niches within the precious metals retail market [11] - A-Mark's Secured Lending segment provides loans secured by bullion and numismatic coins through its subsidiary, Collateral Finance Corporation [12]