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Positive Updates on Select Development Assets Outside of Current 5-Year Outlook & Acquisition of Silver Stream on South Railroad Project
Globenewswire· 2025-06-02 20:30
Core Viewpoint - OR Royalties Inc. is expanding its asset portfolio with significant updates, including the acquisition of a 100% silver stream from Orla Mining's South Railroad project, which enhances its exposure to Tier-1 mining jurisdictions [2][3][4]. Asset Updates South Railroad Project - OR Royalties acquired a 100% silver stream from Orla Mining's South Railroad project, with first production expected as early as 2027 [3][4]. - The project is anticipated to have a pre-production construction timeline of approximately 12 months following final permits expected by mid-2026 [3]. Spring Valley Project - The U.S. Bureau of Land Management is set to release a Final Environmental Impact Statement for Solidus Resources' Spring Valley gold project by July 11, 2025, with construction expected to start in Q3 2025 [6]. - Solidus received a Letter of Interest from the Export-Import Bank of the United States for potential financing of up to $835 million for the Spring Valley Project [7]. - The Spring Valley Feasibility Study outlines a +10-year life-of-mine averaging over 300,000 ounces of gold per year, with 348,000 ounces expected in the first five years [8]. Cariboo Project - Osisko Development's Optimized Feasibility Study for the Cariboo gold project indicates a 10-year life-of-mine averaging approximately 190,000 ounces of gold per year, with first production possible in the second half of 2027 [10][12]. - OR Royalties holds a 5.0% net smelter return royalty on the Cariboo property [12]. Amulsar Project - OR Royalties sold its interest in the Amulsar mine to United Gold and entered into a new Stream Agreement for gold and silver production [13][14]. - The Amulsar mine is expected to produce approximately 168,000 ounces of gold and 140,000 ounces of silver annually over an initial 16-year mine life [15]. Upper Beaver Project - Agnico Eagle Mines provided an update on its Upper Beaver project, which has the potential to produce an average of approximately 210,000 ounces of gold and 3,600 tonnes of copper annually over a 13-year life-of-mine starting in 2031 [17]. - OR Royalties owns a 2.0% net smelter return royalty on the Upper Beaver project [20]. Ermitaño Project - First Majestic Silver Corp. announced significant mineralization discoveries at the Navidad vein system adjacent to its Ermitaño mine, with ongoing drilling planned for 2025 [21][22]. - OR Royalties holds a 2.0% net smelter return royalty on the Ermitaño project, which includes the Navidad property [25]. Wharekirauponga Project - OceanaGold lodged an application for fast-track approvals for the Waihi North Project, which includes the Wharekirauponga Underground mine, expected to be fully permitted by the end of 2025 [26][27]. - OR Royalties owns a 2.0% net smelter return royalty on the Waihi West and Wharekirauponga projects [27].
EMX Sells Generative Enterprise in Nordics for Cash and Future Royalty Interests
Newsfile· 2025-06-02 11:30
Core Viewpoint - EMX Royalty Corporation has announced the sale of its Nordic operational platform to First Nordic Metals Corporation, which is expected to streamline operations and reduce costs while maintaining royalty exposure in the region [1][2]. Strategic Rationale and Long-Term Benefits - The transaction aims to streamline EMX's global operations and reduce administrative costs while retaining upside royalty exposure from partner-funded exploration efforts [2]. - EMX has over 15 years of generative exploration experience in the Nordic countries and will retain a broad portfolio of royalties in the region [2]. - Future royalty interests will be granted to EMX on projects generated by FNM for five years, aligning with EMX's strategic objectives [2]. Commercial Terms - EMX will receive staged payments totaling 3.25 million SEK (approximately US$335,000) over two years, with payments made in equal parts of cash and shares of FNM [3]. - EMX will also receive a 1% net smelter return (NSR) royalty on any new projects generated in Sweden and Finland over the next five years [3]. Company Background - EMX is a precious and base metals royalty company, providing investors with discovery, development, and commodity price optionality while limiting exposure to operational risks [5]. - First Nordic Metals Corp. is a Canadian-based gold exploration company with assets in Sweden and Finland, including the Barsele gold project and the Oijärvi greenstone belt [6].
A-Mark Precious Metals: Follow The Cash Flow
Seeking Alpha· 2025-05-31 19:24
Group 1 - The individual investor aims to build a long track record of compounded returns with a focus on low-risk investments [1] - The investor has achieved a cumulative return of +20% CAGR over five years, emphasizing the importance of discipline and patience in investing [1] - The investment strategy involves researching companies within a specific circle of competence and maintaining a portfolio of 5-15 ideas at a time to generate significant alpha [1] Group 2 - The investor does not provide financial advice but shares ideas and information to foster discussions [3] - There is a beneficial long position in the shares of AMRK, indicating a personal investment interest [2] - The investor's articles are intended to keep a public track record of successful investment ideas rather than serve as financial advice [1][4]
Sandstorm Gold Royalties Announces Voting Results from 2025 Annual Shareholder Meeting
Prnewswire· 2025-05-30 20:20
Core Points - Sandstorm Gold Ltd. held its Annual General and Special Meeting of Shareholders on May 30, 2025, with 70% of issued common shares represented [1] - Shareholders voted in favor of all resolutions, including the re-election of all director nominees [1] Election of Directors - Nolan Watson received 174,714,604 votes (99.26% for) and 1,297,328 votes withheld (0.74% withheld) [2] - David Awram received 173,247,072 votes (98.43% for) and 2,764,861 votes withheld (1.57% withheld) [2] - David E. De Witt received 168,801,580 votes (95.90% for) and 7,210,352 votes withheld (4.10% withheld) [2] - Andrew T. Swarthout received 168,949,013 votes (95.99% for) and 7,062,919 votes withheld (4.01% withheld) [2] - John P.A. Budreski received 154,624,590 votes (87.85% for) and 21,387,342 votes withheld (12.15% withheld) [2] - Mary L. Little received 139,978,560 votes (79.53% for) and 36,033,373 votes withheld (20.47% withheld) [2] - Vera Kobalia received 172,613,405 votes (98.07% for) and 3,398,528 votes withheld (1.93% withheld) [2] - Elif Levesque received 145,709,384 votes (82.78% for) and 30,302,549 votes withheld (17.22% withheld) [2] Company Overview - Sandstorm Gold is a precious metals-focused royalty company that provides upfront financing to mining companies and receives a percentage of production from mines for their lifespan [4] - The company holds a portfolio of approximately 230 royalties, with 40 of the underlying mines currently producing [4] - Sandstorm aims to grow and diversify its low-cost production profile through the acquisition of additional gold royalties [4]
Pinnacle Silver and Gold Corp. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025
Newsfile· 2025-05-29 21:00
Pinnacle Silver and Gold Corp. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025May 29, 2025 5:00 PM EDT | Source: VID MediaVancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Pinnacle Silver and Gold Corp. (TSXV: PINN) (OTC: NRGOF), an Americas-focused silver-gold exploration and development company, is pleased to announce that it will be participating in THE Mining Investment Event, Canada’s Only Tier 1 Global Mining Investment Conference©, taking ...
T2 Metals Provides Update on Fire Situation at Sherridon VMS Project, Manitoba
Newsfile· 2025-05-29 17:47
Core Viewpoint - T2 Metals Corp is actively monitoring the wildfire situation near its Sherridon copper-gold-zinc Project in Manitoba, prioritizing the safety of personnel and the local community [2][4]. Group 1: Wildfire Situation - The Manitoba Wildfire Service has reported active fires close to the Sherridon community and the company's mineral concessions [2]. - As a precaution, T2 Metals has temporarily suspended field activities at the Sherridon project site to ensure safety and allow for continuous monitoring of the situation [3]. Group 2: Company Response - T2 Metals maintains clear communication with the Manitoba Wildfire Service and local authorities for real-time updates and guidance [3]. - CEO Mark Saxon expressed concern for the affected community and emphasized that the safety of the team and residents is the top priority, with plans to resume operations once it is safe [4]. Group 3: Company Overview - T2 Metals Corp is focused on enhancing shareholder value through exploration and discovery in under-explored areas, including the Sherridon, Lida, Cora, and Copper Eagle projects [5].
Tudor Gold Announces Closing of $14.95 Million Financing, with Participation by Eric Sprott
Newsfile· 2025-05-29 17:34
Core Viewpoint - Tudor Gold Corp. has successfully closed a financing round, raising approximately $14.95 million through a brokered offering and private placement, with participation from notable investor Eric Sprott [1][2]. Financing Details - The financing included the issuance of 10,158,045 non-flow-through units at a price of $0.50 per unit, 8,333,500 flow-through units for charitable purchasers at $0.75 per unit, and 6,034,752 flow-through units at $0.60 per unit [6]. - The net proceeds from the sale of NFT Units will be allocated for working capital and general corporate purposes, while the gross proceeds from FT Units and Charity FT Units will be directed towards exploration expenses on the Treaty Creek property [3][4]. Investor Participation - Eric Sprott, through his corporation, acquired 2,000,000 Common Shares and 1,000,000 Warrants as part of the financing [2]. - Related parties purchased a total of 2,227,000 Common Shares and 1,113,500 Warrants, which are classified as related party transactions [10]. Use of Proceeds - The funds raised will be utilized for exploration activities on the Treaty Creek project, which is located in British Columbia's Golden Triangle [4][11]. - The Company has committed to indemnifying subscribers for any additional taxes resulting from the Canada Revenue Agency's potential reduction of Qualifying Expenditures [4]. Regulatory Compliance - The Offerings are subject to final approval from the TSX Venture Exchange and adhere to Canadian securities laws, including a four-month hold period for the FT Units and underlying securities [8].
Critical Metals Corp Announces Gross Proceeds of $2MM USD from the Exercise of Warrants Priced at $5.00 USD from Institutional Fund
Globenewswire· 2025-05-29 12:56
Core Viewpoint - Critical Metals Corp has exercised outstanding warrants to purchase 400,000 ordinary shares at an exercise price of $5.00 per warrant, generating approximately $2 million in gross proceeds, which will be used to advance its critical mineral projects in Greenland and Europe [1][2][3]. Group 1: Financial Actions - The company exercised warrants for 400,000 shares, resulting in gross proceeds of about $2 million [1]. - The exercise of warrants led to the removal of restrictions on an additional 1,200,000 ordinary shares [1]. Group 2: Project Development - The net proceeds from the warrant exercise will primarily support the development of the Tanbreez Project in Greenland and the Wolfsberg Project in Austria [2][3]. - The Tanbreez Project is one of the largest rare earth deposits globally, located in Southern Greenland, with year-round shipping access [4]. - The Wolfsberg Lithium Project is the first fully permitted mine in Europe, strategically positioned to become a major producer of lithium products for the European market [5]. Group 3: Strategic Positioning - Critical Metals Corp aims to be a reliable supplier of critical minerals essential for defense applications and the clean energy transition [6]. - The company is focused on producing strategic products necessary for electrification and next-generation technologies for Europe and its partners [4][6].
AFARAK GROUP SE: REDUCTION OF THE SHARE PREMIUM RESERVE
Globenewswire· 2025-05-28 14:47
15:45 London, 17:45 Helsinki, 28 May 2025 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)AFARAK GROUP SE: REDUCTION OF THE SHARE PREMIUM RESERVEThe resolution adopted by Afarak’s Extraordinary General Meeting held on 29 January 2025 regarding the reduction of the Company’s share premium reserve by EUR 25,223,189.79 has been executed today.Following the reduction, the amount of the share premium reserve recorded in Afarak’s balance sheet is zero. The reduced amount has been transferr ...
Asia Broadband Initiates New Approach Legal Action Program Against Market Makers For Price Manipulation
Globenewswire· 2025-05-28 12:00
Contact the Company at: | General Email: | ir@asiabroadbandinc.com | | --- | --- | | Token Support: | support@aabbgmine2token.com | | Company Websites: | www.asiabroadbandinc.com | | | www.aabbgmine2token.com | | | www.goldenbaboons.com | | Phone: | 702-744-4785 | Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.'s (the "Company") expected current beliefs about the C ...