Core Viewpoint - Orogen Royalties Inc. has announced the cancellation of its planned private placement but remains well-funded to pursue its project generation and royalty acquisition objectives [1][2]. Group 1: Company Strategy and Operations - The cancellation of the private placement does not impact the company's exploration and investment strategy [2]. - Orogen plans to conduct up to 16 partner-funded drill programs throughout 2026, totaling over 50,000 meters of drilling, aimed at advancing projects and increasing the likelihood of exploration discoveries [2]. - The company is actively pursuing several short-term acquisition opportunities that complement its existing portfolio [2]. Group 2: Company Profile - Orogen Royalties focuses on organic royalty creation and acquisitions of precious and base metal discoveries in western North America [3]. - The company's royalty portfolio includes a 2.0% NSR royalty on the Ermitaño gold and silver mine in Sonora, Mexico, operated by First Majestic Silver Corp [3]. - Orogen is well-financed with multiple projects currently being developed by joint venture partners [3].

Core Viewpoint - Excellon Resources Inc. successfully closed a "bought deal" private placement and a concurrent brokered private placement, raising a total of C$21,821,700 for exploration and development projects in Peru and general corporate purposes [1][2][4]. Group 1: Offering Details - The "Bought Deal Private Placement" involved the sale of 28,036,000 common shares at C$0.60 per share, generating gross proceeds of C$16,821,600 [1]. - The "Concurrent Private Placement" sold an additional 8,333,500 shares to 2176423 Ontario Ltd., owned by Eric Sprott, for gross proceeds of C$5,000,100 [2]. - The total gross proceeds from both offerings amounted to C$21,821,700 [4]. Group 2: Underwriters and Fees - ATB Cormark Capital Markets and Velocity Capital Partners acted as co-lead underwriters, with a cash commission of 6.0% on gross proceeds, reduced to 3.0% for certain purchasers [3]. - The underwriters' agreement was dated March 12, 2026, and included several other firms as part of the underwriting team [3]. Group 3: Use of Proceeds - The net proceeds from the offerings will be allocated for exploration and development of projects in Peru, working capital, and general corporate purposes [4]. Group 4: Regulatory Compliance - The shares were issued under the "listed issuer financing exemption" and are not subject to a four-month statutory hold period in Canada for certain purchasers [5]. - The Concurrent Private Placement shares are subject to a four-month hold period, expiring on July 13, 2026 [6]. Group 5: Related Party Transaction - Eric Sprott's participation in the Concurrent Private Placement is classified as a "related party transaction," exempting the company from certain formal valuation and minority shareholder approval requirements [7].

Geopolitical Context - Geopolitical tensions in the Middle East are high, particularly between the United States and Iran, with President Trump demanding Iran's "unconditional surrender," which Iran has rejected [1] - Iran is engaging in strikes against Israel and retaliatory attacks on Gulf countries, contributing to regional instability [1] Energy Market Impact - The conflict has disrupted global energy markets, causing crude oil prices to exceed $100 per barrel for the first time in four years [2] - Rising energy costs are raising concerns about inflation and potential negative impacts on the U.S. economy [2] Investment Strategy - Investors are advised to monitor the upcoming Consumer Price Index (CPI) data, as geopolitical risks and rising oil prices may lead to stock market volatility [3] - In uncertain environments, value investing is highlighted as a strategy for stability, focusing on companies with strong fundamentals, reasonable valuations, and durable cash flows [3] Earnings Yield as a Metric - Earnings yield, calculated as annual earnings per share (EPS) divided by market price, is emphasized as a useful metric for identifying undervalued stocks [5][11] - Stocks with higher earnings yields are generally considered undervalued, while those with lower yields are seen as overpriced [6] - A stock's earnings yield is compared to the 10-year Treasury yield to assess its relative value against virtually risk-free bonds [7] Stock Screening Criteria - A primary screening criterion for stock selection is an earnings yield greater than 10%, supplemented by estimated EPS growth greater than or equal to the S&P 500 [8] - Additional criteria include an average daily trading volume of at least 100,000 and a current price of $5 or more [9][10] Selected Stocks - **Adecoagro S.A. (AGRO)**: Engaged in agriculture, with a projected 2026 sales growth of 30% and earnings growth of 452%, currently holds a Zacks Rank 1 and a Value Score of A [13] - **Fortuna Mining Corp. (FSM)**: Focused on precious and base metal mining, with a projected 2026 earnings growth of 180%, also holds a Zacks Rank 1 and a Value Score of B [14] - **National Energy Services Reunited Corp. (NESR)**: Provides oilfield solutions in the Middle East and North Africa, with a projected 2026 sales growth of 35% and earnings growth of 94%, holds a Zacks Rank 1 and a Value Score of B [15] - **Betterware de Mexico SAPI de CV (BWMX)**: A direct-to-consumer company, with projected 2026 sales growth of 23% and earnings growth of 65%, holds a Zacks Rank 1 and a Value Score of A [16]

Core Viewpoint - Excellon Resources Inc. has announced a bought deal private placement to raise approximately C$10 million through the issuance of 16,666,700 common shares at C$0.60 per share [1] Group 1: Offering Details - The offering consists of 16,666,700 common shares priced at C$0.60 each, aiming for total gross proceeds of C$10,000,020 [1] - The underwriters have an option to purchase up to an additional 4,999,900 shares, potentially raising an extra C$2,999,940 [2] - The offering is expected to close around March 12, 2026, subject to regulatory approvals [6] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for exploration and development of projects in Peru, working capital, and general corporate purposes [3] Group 3: Regulatory Compliance - The shares will be offered to purchasers in Canada (excluding Québec) under the "listed issuer financing exemption" and may also be offered in the U.S. and other jurisdictions under applicable exemptions [4] - The offering document related to the offering is available on SEDAR+ and the company's website for prospective investors [5] Group 4: Company Overview - Excellon Resources focuses on acquiring and advancing quality precious and base metal assets, with a particular emphasis on the potential restart of the Mallay Silver Mine in Peru [8] - The company also holds a portfolio of exploration-stage projects, including properties in Peru, Idaho, and Germany, which provide additional growth opportunities [8]

Group 1: Company Developments - Fortuna Mining Corp. submitted an application for an exploitation permit for the Diamba Sud gold project on February 4, 2026, and is advancing early works and engineering at the site [2] - The company plans to publish an updated Mineral Resource estimate for Diamba Sud by the end of February 2026, which will support the feasibility study and a potential construction decision targeted for mid-2026 [2] - A Preliminary Economic Assessment completed in October 2025 demonstrated robust project economics for the Diamba Sud project [2] Group 2: Market Analysis and Forecasts - CIBC upgraded Fortuna Mining Corp. to Neutral from Underperformer on February 4, 2026, raising its price target to C$16 from C$9 [3] - The firm raised its gold price forecast to $6,000 per ounce in 2026, $6,500 per ounce in 2027, and $6,000 per ounce in 2028, citing sustained demand drivers and geopolitical uncertainty [3] Group 3: Company Overview - Fortuna Mining Corp. is engaged in precious and base metal mining with operations in multiple countries including Argentina, Burkina Faso, Côte d'Ivoire, Mexico, Peru, and Senegal [4] - The company operates several mines, including the Lindero gold mine, Yaramoko gold mine, Séguéla gold mine, San Jose silver-gold mine, and Caylloma silver, lead, and zinc mine [4]

Core Insights - TomaGold Corporation announced significant assay results from drill holes TOM-25-014 and TOM-25-015 at the Berrigan Mine project, revealing a new extension zone named Berrigan Deep with promising mineralization [1][2] Drill Results - Drill hole TOM-25-015 intersected a semi-massive sulfide zone grading 5.75% ZnEq (1.34 g/t AuEq) over 98.5 meters, indicating a large mineralized system that remains open at depth [2][3] - Drill hole TOM-25-014 further defined the mineralized vein system, extending westward at various depths [4] Geological Characteristics - The Berrigan Deep zone is characterized by a high proportion of semi-massive to massive sulfides, particularly rich in sphalerite and pyrrhotite, with other minerals such as chalcopyrite and galena present [5] - Mineralization is associated with shearing and fracturing, with alteration marked by talc, chlorite, and dolomite, suggesting prolonged hydrothermal circulation [5] Future Exploration Plans - TomaGold plans to launch a new drilling program at Berrigan Mine following the results of the last three drill holes and a borehole geophysical survey, expected in early February [2][10] - The upcoming program will focus on extending the discovery in the Berrigan sector, targeting the -250 to -500 meter interval [2][5] Historical Context - The Berrigan Mine property consists of 16 claims totaling 483 hectares, with historical estimates indicating 1,388,915 tonnes of material grading 3.17% Zn and 1.77 g/t Au [10][11]

Core Viewpoint - TomaGold Corporation plans to conduct a non-brokered private placement to raise up to $250,000 through the issuance of flow-through common shares at a price of $0.065 per share, subject to TSX Venture Exchange approval [1]. Group 1: Private Placement Details - The offering will consist of up to 3,846,154 common shares issued on a flow-through basis [1]. - The gross proceeds from the sale of the flow-through shares will be used for exploration expenses that qualify as Canadian exploration expenses under the Income Tax Act [2]. - The securities issued will be subject to a hold period of four months and one day under Canadian securities laws [3]. Group 2: Company Overview - TomaGold Corp. is a Canadian junior mining company focused on acquiring, exploring, and developing precious and base metal projects, primarily in gold and copper [5]. - The company's core assets are located in the Chibougamau Mining Camp in northern Quebec, including the Obalski gold-copper-silver project and options on 12 additional properties [5]. - TomaGold also holds a 24.5% joint venture interest in the Baird gold property near the Red Lake Mining Camp in Ontario, along with lithium and rare earth element projects in the James Bay region [5].

Core Insights - TomaGold Corporation announced initial assay results from drill holes TOM-25-009 and TOM-25-010 at the Berrigan Mine project, confirming high-grade gold-bearing polymetallic vein systems within an extensive mineralized envelope [1][2] - The drilling campaign aims to test historical mineralized structures and explore new potential mineralization at depth, with a total of seven holes planned for 3,098 meters [1][2] Company Developments - CEO David Grondin highlighted a significant 39% ZnEq intersection in hole TOM-25-009, reinforcing geological understanding of the Berrigan Mine project [2] - The company is advancing a comprehensive litho-structural and geophysical compilation for its Chibougamau mining camp projects, utilizing AI modeling to refine targeting for upcoming exploration campaigns [2] - Additional geophysical work has been completed to enhance gold and polymetallic targeting for the winter 2026 exploration campaign [2] Drilling Results - The mineralization at Berrigan Mine is primarily associated with carbonatized ultramafic rocks, with low-grade halos identified in visually non-mineralized samples, increasing the potential volume of the mineralized envelope [2] - A borehole EM survey is being conducted to guide future deep drilling, ensuring comprehensive analysis of previously unsampled sections [2] Future Plans - Next steps include receiving assay results in January 2026 for five additional holes, integrating EM and core assay data into the resource model, and planning a field exploration program [3] - Phase 2 drilling will be planned following the compilation of Phase 1 drilling and geophysical data [3] Project Background - The Berrigan Mine property consists of 16 claims totaling 483 hectares, located 4 km north-northwest of Chibougamau, with TomaGold having an option to acquire 100% of the property [7] - Historical estimates indicate 1,388,915 tonnes of material grading 3.17% Zn and 1.77 g/t Au on the main Berrigan Mine zone, although these estimates are not classified as current mineral resources [8][9]

Core Points - TomaGold Corporation has successfully closed the second and final tranche of its non-brokered private placement, raising total proceeds of $1,007,000, bringing the aggregate proceeds to $2,112,000 [1][2] Group 1: Private Placement Details - The Final Tranche involved the issuance of 11,690,000 oversubscribed common shares at $0.05 per share and 10,562,500 units at $0.04 per unit, with each unit consisting of one common share and one-half of a share purchase warrant [2] - Each warrant allows the holder to purchase an additional share at $0.08 for a period of 24 months from issuance [2] - TomaGold paid cash finder's fees of $25,305 and issued 520,130 finder's compensation warrants, each entitling the holder to purchase one share at $0.08 for 24 months [3] Group 2: Use of Proceeds - The net proceeds from the sale of the units will be used for general and corporate working capital purposes, with no specific use exceeding 10% of the gross proceeds [4] - The gross proceeds from the sale of the flow-through shares will be allocated to eligible Canadian exploration expenses related to critical mineral mining [4] Group 3: Company Overview - TomaGold Corp. is a Canadian junior mining company focused on acquiring, exploring, and developing precious and base metal projects, primarily in Quebec and Ontario [6] - The company's core assets include the Obalski gold-copper-silver project and options to acquire 12 additional properties, including the Berrigan Mine and others [6] - TomaGold also holds a 24.5% joint venture interest in the Baird gold property and has lithium and rare earth element projects in the James Bay region [6]

Group 1 - Excellon Resources Inc. has granted 4,600,000 stock options to its directors and officers under its Share Incentive Plan, with an exercise price of $0.38 per share for three years [1] - The stock options will vest in increments of one-quarter immediately and one-quarter at 6, 12, and 18 months from the grant date [1] Group 2 - Excellon is focused on the potential restart of the Mallay Silver Mine in Peru, alongside a portfolio of exploration-stage projects including Tres Cerros Gold/Silver in Peru, Kilgore in Idaho, and Silver City in Germany [2]