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Falco Announces Extension of Its Senior Debts
Globenewswire· 2025-10-31 11:00
MONTREAL, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) is pleased to announce that the Corporation has entered into binding agreements (i) with OR Royalties Inc. (“OR Royalties”) in order to extend the maturity date of the Corporation’s existing convertible secured senior loan (the “OR Royalties Loan”) from December 31, 2025, to December 31, 2026; and (ii) with Glencore Canada Corporation (“Glencore”) in order to extend the maturity date of the Corporati ...
Oracle Commodity Holding and Silver Elephant Amend Existing Coal and Silver Royalty Agreements
Newsfile· 2025-08-29 09:30
Core Viewpoint - Silver Elephant Mining Corp. and Oracle Commodity Holding Corp. have amended and restated net smelter return royalty agreements for Silver Elephant's Mongolian coal and Bolivian silver properties, replacing previous arrangements [1]. Group 1: Mongolian Coal Properties - The coal royalty has been revised to the greater of US$2 per tonne or 3% of NSR, down from the greater of US$3 per tonne or 5% of NSR [2]. - Silver Elephant will guarantee coal royalty payments on behalf of its Mongolian subsidiaries [2]. Group 2: Bolivian Silver Properties - Silver Elephant is recognized as a control person of Oracle, making them related parties under Multilateral Instrument 61-101 [3]. - The amended royalty agreements are classified as "related party transactions" under MI 61-101, with both companies intending to rely on exemptions from formal valuation and minority approval requirements [3]. - The silver royalty is now based on 2% of 70% of the gross metal value of sold materials, reduced from 2% of 100% [7]. - The threshold silver price of $30 per ounce has been removed, meaning the silver royalty is payable regardless of the silver price [7]. - Silver Elephant will also guarantee silver royalty payments on behalf of its Bolivian subsidiaries [7].
Traction Uranium Announces Securities for Debt Settlement
Globenewswire· 2025-08-06 23:10
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (FRA: Z1K) (the "Company" or "Traction") announces that it has entered into debt settlement agreements (the "Agreements") with a director, an officer, and a consultant of the Company, respectively. Pursuant to the Agreements, the Company has agreed to settle debts in the aggregate amount of $283,400 through the issuance of 1, ...