Core Viewpoint - Amaroq Ltd. has reported significant progress in its operations and financial performance for Q3 2025, highlighting a successful transition to owner-operated mining at the Nalunaq gold mine and the discovery of strategic minerals in Greenland [2][3][5]. Financial Results - Total revenue for Q3 2025 reached C$12.8 million, a substantial increase from C$0 million in 2024, driven by gold sales of 2,636 ounces [9]. - The company produced 4,347 ounces of gold and sold 3,360 ounces in the first three quarters, generating gross proceeds of C$16.3 million [9]. - Gross profit was reported at C$5.9 million, while the operating loss stood at C$3.8 million, primarily due to general and administrative expenses and exploration costs [9][14]. - As of September 30, 2025, the company had liquidity of C$45.4 million, with cash balances of C$55.3 million and an undrawn credit facility of C$8.9 million [9][15]. Operational Highlights - Gold production reached approximately 5,000 ounces by October 2025, aligning with revised production guidance, with expectations for full-year production to be between 6,000 to 7,000 ounces [3][16]. - The transition to a fully owner-operated mining model at Nalunaq was completed, enhancing operational efficiency and cost control [12]. - The company is on track to achieve a milling capacity of 300 tonnes per day by year-end 2025, following the commissioning of the processing plant [12][16]. Strategic Developments - Amaroq has made significant discoveries of rare earth elements and copper-gold deposits near the Nalunaq mine, which are expected to enhance the company's strategic minerals portfolio [5]. - The re-assays from the Black Angel mine confirmed high-grade resources of zinc, lead, and silver, along with commercial levels of germanium and gallium, which are critical minerals [5][13]. - The company is advancing its exploration projects, with a focus on the Nanoq and Nalunaq resource areas, and expects results from the 2025 gold exploration program by year-end [6][12]. Future Outlook - The company anticipates completing all construction and commissioning activities at Nalunaq by Q2 2026, with a robust project pipeline expected to deliver value-enhancing opportunities [6][16]. - Amaroq is well-positioned for 2026, supported by positive cash flow from ongoing production operations and a strong financial outlook [6].

Core Viewpoint - Robex Resources Inc. is moving forward with a special resolution for a statutory plan of arrangement with Predictive Discovery Limited, which will result in Robex becoming an indirect wholly-owned subsidiary of Predictive, with shareholders receiving 8.667 Predictive shares for each Robex share held [2][3][5]. Arrangement Details - The Arrangement involves Acquireco, a subsidiary of Predictive, acquiring all issued and outstanding Robex Shares, with shareholders receiving 8.667 Predictive Shares for each Robex Share held [3][5]. - CHESS Depositary Interests representing Robex Shares will also be cancelled, with holders entitled to the same consideration [4]. Board Recommendation - The Robex Board and the Special Committee unanimously recommend that shareholders vote in favor of the Arrangement, believing it to be in the best interests of the Corporation [6][7][9]. Voting Support - Directors, senior officers, and certain shareholders representing approximately 25.5% of Robex Shares have entered into voting support agreements to vote in favor of the Arrangement [10]. Vote Requirements - The Arrangement requires approval from at least two-thirds (66⅔%) of the votes cast by Robex Shareholders at the Meeting [9]. Meeting Details - The special meeting for Robex Shareholders will be held virtually on December 15, 2025, and shareholders are encouraged to vote in advance [1][11]. Strategic Benefits - The Arrangement aims to combine two significant gold projects in West Africa, enhancing scale, access to capital, and competitiveness [12]. - Cash flows from the Kiniero Project are expected to support the development of the Bankan Project, creating a tier-1 mining hub [12]. - The combined company is anticipated to have a strengthened management team with extensive experience in the region [12]. Fairness Opinions - Fairness opinions from Cormark Securities Inc. and Canaccord Genuity Corp. indicate that the consideration for Robex Shareholders is fair from a financial perspective [12].

Core Viewpoint - Morgan Stanley is under scrutiny from the Republican head of the US House China committee regarding its due diligence in underwriting the $3.7 billion IPO of Zijin Gold International Co. in Hong Kong, which is linked to a company on a US blacklist for alleged human rights violations [1][3]. Group 1: Regulatory Scrutiny - Representative John Moolenaar has requested additional information from Morgan Stanley, including documents related to the IPO, as part of a broader investigation into Wall Street banks' involvement with Chinese companies [2][5]. - The inquiry focuses on whether the IPO facilitated Zijin Mining Group's consolidation of overseas gold assets while maintaining control, raising concerns about Morgan Stanley's due diligence practices [3][5]. Group 2: IPO Details - The IPO of Zijin Gold International Co. was the largest since May and the second-largest listing in Hong Kong for the year, following a $5.3 billion deal by Contemporary Amperex Technology Co. Ltd. [4]. - Zijin Gold's shares surged 68% on their first trading day and have since doubled in value [4]. Group 3: Broader Context - The House Select Committee on China is reviewing the involvement of Wall Street banks in IPOs of Chinese firms with military ties or records of labor abuses, indicating a heightened regulatory environment [5][6].

Core Points - DPM Metals Inc. has declared a fourth quarter dividend of US$0.04 per common share, payable on January 15, 2026 [1] - The record date for shareholders is December 31, 2025, at 5:00 p.m. Toronto local time [1] - The dividend qualifies as an "eligible dividend" for Canadian income tax purposes [1] Dividend Payment Options - Shareholders can choose to receive their dividend in either U.S. or Canadian dollars by contacting their broker or Computershare Investor Services Inc. [2] - If no election is made, Canadian residents will receive payment in Canadian dollars, while non-residents will be paid in U.S. dollars [2] - Dividends paid in Canadian dollars will be converted using the spot exchange rate on December 31, 2025 [2] Tax Implications - Dividends paid to non-residents of Canada are generally subject to withholding tax unless reduced by an applicable tax treaty [3] Company Overview - DPM Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Bosnia and Herzegovina, Serbia, and Ecuador [4] - The company's strategic objective is to become a mid-tier precious metals company focused on sustainable and efficient gold production [4] - DPM aims to maintain a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions [4] - The company trades on the Toronto Stock Exchange and the Australian Securities Exchange under the symbol DPM [4]

Torrent Capital Reports Strong Q3 2025 Financial Results; Announces October Portfolio and Net Asset Value (NAV) UpdateAs of September 30, 2025, Torrent had a NAV of $33.5 million (or $0.88 per share), with cash on hand of $4.3 million.November 13, 2025 5:00 PM EST | Source: Torrent Capital Ltd.Halifax, Nova Scotia--(Newsfile Corp. - November 13, 2025) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent" or the "Company") today announced financial results for the quarter ending September 30, 2025, al ...

TORONTO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX: DPM) (ARBN: 689370894) (“DPM” or the “Company”) announced its operating and financial results for the third quarter and first nine months ended September 30, 2025. Highlights (Unless otherwise stated, all monetary figures in this news release are expressed in U.S. dollars, and all operational and financial information contained in this news release is related to continuing operations.) Record free cash flow generation: Generated $14 ...

Core Viewpoint - Contango ORE, Inc. reported strong financial performance in Q3-2025, with record income and production levels, while also outlining future production and exploration plans [2][3][4]. Financial Performance - Total income from operations for Q3-2025 was $25 million, an increase from $22.7 million in Q3-2024 [3]. - Adjusted net income for Q3-2025 was $24.9 million, compared to $19.1 million in Q3-2024 [3]. - The company reported a net loss of $5.4 million for Q3-2025, an improvement from a net loss of $9.7 million in Q3-2024 [3]. - Cash costs per ounce sold were $1,402, and all-in-sustaining costs were $1,597, both below the 2025 target of $1,625 [2][3]. Production and Sales - Contango sold 16,669 ounces of gold in Q3-2025, with a total of 17,057 ounces produced [5][13]. - Year-to-date gold production reached 52,020 ounces, with total gold sales amounting to approximately $170.2 million [5]. - The company expects Q4-2025 production to be between 6,000 and 8,000 ounces due to seasonal conditions [2]. Cash Flow and Financial Position - Net cash provided from operating activities for the nine months ended September 30, 2025, was $60.2 million, significantly up from $10.6 million in the same period of 2024 [4]. - The unrestricted cash position as of September 30, 2025, was $107 million, compared to $20.1 million at the end of 2024 [4][14]. - Cash distributions received from the Peak Gold JV amounted to $87 million year-to-date [4][5]. Exploration and Future Plans - A drill rig is being mobilized for a 15,000-meter underground drilling program at the Lucky Shot mine, with results expected in Q1 2026 [9]. - The Lucky Shot project aims to produce 30,000 to 40,000 ounces of gold annually using a Direct Shipping Ore approach, with a feasibility study expected to be completed in 12 to 18 months [9]. - Ongoing work at the Johnson Tract project includes permitting for underground exploration and environmental assessments [10]. Debt and Financing - The company repaid $7 million on its credit facility during Q3-2025, reducing the outstanding balance to $23.1 million [14]. - Subsequent to the period end, an additional $8.5 million was repaid, further lowering the balance to $14.6 million [14]. - Contango raised gross proceeds of $50 million through an equity offering, issuing 1,975,000 shares at a public offering price of $20.00 per share [14].

Core Viewpoint - Galantas Gold Corporation has entered into a share purchase agreement to acquire RDL Mining Corp, aiming to advance the Indiana gold-copper project in Chile, which RDL holds an option to acquire 100% interest from Minería Activa SpA [1][2] Company Overview - Galantas Gold Corporation trades on the TSX Venture Exchange and the London Stock Exchange AIM market under the symbol GAL, and on the OTCQB Exchange as GALKF [36] - The company's strategy focuses on expanding gold production and resources at the Omagh Project in Northern Ireland and exploring the Gairloch Project in Scotland [36] Transaction Details - The acquisition will involve Galantas issuing approximately 132 million shares to RDL shareholders, representing 49.99% of the outstanding shares post-transaction [8][10] - RDL shareholders will also receive a 0.66% net smelter returns royalty, totaling approximately 2% for the Indiana Project [8] - The transaction is subject to approval from the TSX Venture Exchange and other customary closing conditions [9][28] Indiana Project Insights - The Indiana Project is located in a prolific mining district in Chile, with a historical inferred mineral resource estimate of 607,000 ounces of gold equivalent, consisting of 3.09 million tonnes at an average grade of 2.8 g/t gold and 1.6% copper [4][6] - The project has significant exploration potential, with over 20 veins remaining untested and a commitment from RDL to spend a minimum of US$1 million annually on exploration during the option period [11][12] Management and Board Changes - Following the transaction, Lawrence Roulston will join the Galantas Board as a non-executive director, and Robert Sedgemore will become Senior Vice President, Operations [17][18] - Both Roulston and Sedgemore bring extensive mining experience, particularly in major Chilean mines [18][19] Concurrent Financing - Galantas plans to raise up to $7 million through a brokered private placement to fund exploration and option payments related to the Indiana Project [20][24] - Each unit in the financing will consist of one Galantas share and one purchase warrant, with the financing expected to close around December 4, 2025 [21][25] Shareholder Support - The Galantas Board has unanimously approved the transaction, and shareholders holding approximately 57% of the outstanding shares have expressed support for the transaction [29][30]

Core Mining and Acquisitions - Core Mining has recently entered the main portfolio, acquiring New Gold, which is expected to enhance their free cash flow to $2 billion by 2026 [1][2] - The merger is anticipated to improve efficiency, increase margins, and boost productivity, positioning Core Mining among the best in the industry [3] Gold Market Trends - Gold prices are approaching a new all-time high, currently above $4,200, which is expected to positively impact mining companies [1] - The valuation of royalty companies in the gold sector is considered undervalued, with potential increases of up to 150% as gold prices stabilize [3][4] Investment Strategy - The company is actively managing a mining portfolio and reallocating cash to capitalize on market pullbacks, indicating a long-term bullish trend in the gold market [5]

Core Viewpoint - Loncor Gold Inc. is proposing an arrangement with Chengtun Mining Group Co., Ltd. to acquire all issued and outstanding common shares for Cdn$1.38 per share in cash, representing a significant premium over recent trading prices [1][6][11]. Company Overview - Loncor Gold Inc. is a Canadian gold exploration company focused on the Ngayu Greenstone Gold Belt in the Democratic Republic of the Congo, with a resource base that includes an indicated mineral resource of 1.88 million ounces of gold and an inferred mineral resource of 2.09 million ounces of gold [12]. Transaction Details - The arrangement requires shareholder approval at a special meeting scheduled for December 11, 2025, with a minimum of 66 2/3% of votes needed for approval [3][11]. - The proposed cash consideration of Cdn$1.38 per share represents a premium of approximately 48% to the 60-day volume weighted average trading price, 33% to the 30-day VWAP, and 16% to the closing price as of October 10, 2025 [6][7]. - Approximately 37% of currently issued shares have signed voting support agreements in favor of the arrangement [5]. Approval Process - The arrangement must also receive approval from the Ontario Superior Court of Justice, which will assess the fairness and reasonableness of the transaction [4][11]. - Following the completion of the arrangement, Loncor's shares will be delisted from the Toronto Stock Exchange and other exchanges, and the company will cease to be a reporting issuer in Canada and the United States [11]. Strategic Rationale - The all-cash offer provides certainty of value and immediate liquidity to shareholders, while eliminating future dilution and execution risks [15].