Workflow
Metals and Mining
icon
Search documents
Metal Energy Announces Additional Strategic Investor: Teck Acquires 9.9% Equity Interest to Fund Exploration on the NIV Property in BC
Newsfile· 2025-12-12 11:00
Core Insights - Metal Energy Corp. announces a strategic investment from Teck Resources Limited, acquiring a 9.9% equity interest, joining Centerra Gold Inc. as a strategic investor [1][2][4] Strategic Investments - Teck and Centerra will each subscribe for 4,442,000 shares of a total of 8,880,000 common shares at a price of C$0.73 per FT Share and 6,200,000 common shares at C$0.45 per Share, resulting in both holding approximately 9.9% of Metal Energy's issued shares [4] - An investor rights agreement will be established with Teck, similar to that with Centerra, ensuring funds are allocated for exploration on the NIV property [4] Company Overview - Metal Energy focuses on critical metals exploration, particularly copper and gold assets in Canada, with the NIV project being fully permitted and drill-ready [6] - The NIV project is located in British Columbia's Toodoggone District, known for significant porphyry deposits, adding to Metal Energy's portfolio of three high-potential projects [6][13] Future Outlook - The company anticipates that the involvement of two major mining companies will attract attention from the broader mining investment community as it aims for further discoveries in the region [3] - The closing of the offering is expected around December 16, 2025, pending regulatory approvals [5]
Gold Royalty Completes Pedra Branca Royalty Acquisition
Prnewswire· 2025-12-12 07:40
Core Viewpoint - Gold Royalty Corp. has successfully completed the acquisition of a royalty on the Pedra Branca copper and gold mine, enhancing its portfolio in the mining sector [1]. Group 1: Acquisition Details - The acquired royalty includes a 25% net smelter return (NSR) on gold and a 2% NSR on copper and other products from the Pedra Branca mine [2]. - The Pedra Branca mine encompasses the Pedra Branca West and Pedra Branca East areas, along with the former Antas North mine, which has been fully depleted [2]. Group 2: Company Overview - Gold Royalty Corp. is a royalty company focused on gold, providing innovative financing solutions to the metals and mining industry [3]. - The company's mission is to invest in high-quality, sustainable, and responsible mining operations, aiming to build a diversified portfolio of precious metals royalty and streaming interests that yield superior long-term returns for shareholders [3]. - Gold Royalty's current portfolio primarily consists of net smelter return royalties on gold properties located in the Americas [3].
Gold Royalty (NYSEAM:GROY) M&A Announcement Transcript
2025-12-11 16:02
Summary of Gold Royalty Conference Call on Pedra Branca Acquisition Company and Industry - **Company**: Gold Royalty (NYSEAM:GROY) - **Industry**: Mining and Royalty Companies, specifically focused on gold and copper Key Points and Arguments 1. **Acquisition Announcement**: Gold Royalty announced the acquisition of the Pedra Branca Copper and Gold Royalty for $70 million in cash from BlackRock World Mining Trust PLC, which is expected to significantly enhance revenues immediately [2][3] 2. **Royalty Details**: The acquisition includes a 25% gold Net Smelter Return (NSR) and a 2% copper NSR on BHP's Pedra Branca mine, which has been operational since 2020 [3][6] 3. **Financial Impact**: The acquisition is estimated to be approximately 10% accretive to net asset value per share and 45% accretive to cash flow per share in 2026, with a 15% increase expected in 2029 [3][4] 4. **Equity Financing Success**: The equity issuance was nearly two times oversubscribed, increasing from an initial $70 million to $90 million, resulting in gross proceeds of $103.5 million [4][12] 5. **Debt-Free Status**: Following the acquisition and equity financing, Gold Royalty is now completely debt-free and has nearly $100 million in cash and unutilized credit lines for future growth [4][14] 6. **Production Estimates**: For the 12 months ending June 30, attributable production is expected to exceed 2,800 gold-equivalent ounces, translating to over $12 million in royalty revenue at current prices [5][9] 7. **Mine Life and Resource Potential**: The Pedra Branca mine is expected to support a mine life of over 15 years, with significant exploration upside potential [8][10] 8. **Future Ownership**: The mine is currently operated by BHP, which acquired it from Oz Minerals in 2023, and is expected to be sold to Corex Holding in early 2026 [6][10] 9. **No Right of First Refusal**: Gold Royalty does not have a right of first refusal on other deposits associated with Pedra Branca, but plans to develop a strong relationship with Corex for potential future opportunities [24] Other Important Information 1. **Market Confidence**: The participation of BlackRock in both the acquisition and the equity raise indicates strong confidence in Gold Royalty's portfolio and growth potential [4][21] 2. **Strategic Growth Approach**: Gold Royalty emphasizes a disciplined approach to growth, focusing on accretive opportunities and maintaining attractive double-digit rates of return [22][14] 3. **Share Price Performance**: The company's share price has increased more than threefold over the year, reflecting strong market performance and investor confidence [27]
Gold Royalty Completes US$103.5 Million Bought Deal Financing
Globenewswire· 2025-12-11 13:42
VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Gold Royalty Corp. (“Gold Royalty” or the “Company”) (NYSE American: GROY) is pleased to announce the closing of its previously announced public offering (the "Offering") of common shares of the Company. Pursuant to the Offering, the Company issued, on a bought deal basis, 25,875,000 common shares (the “Common Shares”), including 3,375,000 Common Shares pursuant to the full exercise of the over-allotment option, at a price of US$4.00 per share, ...
T2 Metals Closes Oversubscribed Private Placement of $1.468 Million
Newsfile· 2025-12-11 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A3DVMD) ("T2" or the "Company")  is pleased to announce the closing of its oversubscribed non-brokered private placement (the "Financing") announced on November 12, 2025 and December 3, 2025, by issuing a total of 4,562,567 hard dollar units (each a "HD Unit"), at a price of $0.30 per HD Unit, for gross proceeds of $1,368,770 and 250,000 flow-through units (each a "FT Unit") at a price of $0 ...
Trinity One Metals Announces Director Appointment
Newsfile· 2025-12-10 13:30
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2025) - Trinity One Metals Ltd. (TSXV: TOM) ("Trinity One" or the "Company") is pleased to announce the appointment of Mr. Scott Eldridge to the Company's Board of Directors.Mr. Eldridge brings 17 years of experience in the metals and mining industry focused on capital markets, having served in various buy-side, sell-side and issuer roles. Mr. Eldridge was a co-founder of Euroscandic International Group, an advisory firm where he raised upwards of ...
Amarc and Freeport Continue Expanding High Grade Aurora Copper-Gold-Silver Deposit
Accessnewswire· 2025-12-10 12:45
Core Viewpoint - Amarc Resources Ltd. has announced additional assay results from its 2025 JOY District drill program, indicating ongoing exploration and potential resource development [1] Group 1 - The company is actively engaged in a drill program in the JOY District, which is expected to yield further assay results [1] - The announcement highlights the company's commitment to advancing its exploration efforts in the region [1]
Gold Royalty to Host Pedra Branca Acquisition Conference Call
Prnewswire· 2025-12-10 11:30
Core Viewpoint - Gold Royalty Corp. has announced an agreement to acquire a cash-flowing gold and copper royalty over the Pedra Branca mine in Brazil, indicating a strategic move to enhance its portfolio in the precious metals sector [1]. Group 1: Acquisition Details - The company will host a conference call on December 11, 2025, at 10:00 a.m. ET to discuss the Pedra Branca acquisition [2]. - A presentation related to the transaction will be available on Gold Royalty's website, and a replay of the event will be accessible after the presentation [2]. Group 2: Company Overview - Gold Royalty Corp. focuses on providing creative financing solutions to the metals and mining industry, aiming to invest in high-quality, sustainable mining operations [3]. - The company's portfolio primarily consists of net smelter return royalties on gold properties located in the Americas, reflecting its commitment to generating superior long-term returns for shareholders [3].
Abitibi Files Final Short Form Prospectus in Connection with a Bought Deal Public Offering of Common Shares and Flow-Through Shares
Newsfile· 2025-12-09 22:00
Abitibi Files Final Short Form Prospectus in Connection with a Bought Deal Public Offering of Common Shares and Flow-Through SharesFinal Short Form Prospectus is Accessible on SEDAR+December 09, 2025 5:00 PM EST | Source: Abitibi Metals Corp.London, Ontario--(Newsfile Corp. - December 9, 2025) - Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) ("Abitibi" or the "Company") is pleased to announce that, in connection with its previously announced "bought-deal" offering (the "Offering") l ...
Impact Silver Intersects 18.83% ZnEq Over 4.95m Including 25.57% ZnEq Over 1.33m at the Plomosas Mine
Newsfile· 2025-12-09 16:24
Impact Silver Intersects 18.83% ZnEq Over 4.95m Including 25.57% ZnEq Over 1.33m at the Plomosas MineDecember 09, 2025 11:24 AM EST | Source: IMPACT Silver Corp.Vancouver, British Columbia--(Newsfile Corp. - December 9, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce further results from its underground drill program in the Santo Domingo Zone at its Plomosas zinc (lead-silver) Mine in northern Mexico. SANTO DOMINGO ZONE DRILL ...