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San Lorenzo Gold Announces First Closing Of Private Placement
Thenewswire· 2025-12-19 23:25
Core Insights - San Lorenzo Gold Corp. has received conditional approval for a non-brokered best-efforts private placement of Units from the TSX Venture Exchange, with the first closing completed on December 19, 2025, involving the issuance of 4,110,226 Units for gross proceeds of $2,548,340.12 [1] - Each Unit consists of one common share and one half of a purchase warrant, with full Warrants allowing the purchase of additional Common Shares at $0.80 for two years [1] - The company has received subscription agreements exceeding the increased maximum of $5,000,000 and anticipates closing on those additional subscriptions [2] Financial Details - The First Closing resulted in gross proceeds of $2,548,340.12, with cash commissions totaling $81,329.95 and the issuance of 131,177 broker warrants [1] - Each broker warrant allows the holder to acquire a Common Share at a price of $0.80 for one year from the Closing Date [1] Company Focus - San Lorenzo is advancing its flagship Salvadora property located in Chile's mega-porphyry belt, with prior drilling results indicating significant gold and copper enriched systems [2]
Chesapeake Gold Announces Stock Option Grant
TMX Newsfile· 2025-12-19 23:00
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2025) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 69,000 common shares of the Company at an exercise price of C$2.84 per share for a five-year term expiring December 19, 2030. The stock options were granted to officers of the Company. The options will vest and be exercisable immediately.About ChesapeakeChesapeake Gold ...
QGold Resources Delivers Transformational Year With Quartz Mountain Gold Project Acquisition, $11.5m Financing, and Updated Mineral Resource Estimate; Advances 2026 Development Strategy
Globenewswire· 2025-12-19 23:00
COMPLETED $11,500,000 FULLY ALLOCATED PRIVATE PLACEMENT FINANCING WITH BMOCOMPLETED ACQUISITION OF QUARTZ MOUNTAIN ADVANCED GOLD PROJECT IN OREGON, UNITED STATES FROM ALAMOS GOLDFILED NEW NI 43-101 TECHNICAL REPORT ON MINERAL RESOURCE ESTIMATE FOR QUARTZ MOUNTAIN GOLD PROJECTCOMMENCED TRADING ON OTCQB® VENTURE MARKET UNDER “QGLDF”PRELIMINARY ECONOMIC ASSESSMENT (“PEA”) OF QUARTZ MOUNTAIN GOLD PROJECT STARTED WITH KAPPES CASSIDAY INITIATED TWO DRILL CAMPAIGNS AT MINE CENTRE GOLD PROJECT IN CANADAADVANCED PER ...
TomaGold Receives $1,000,000 Cash Payment
Businesswire· 2025-12-19 22:05
MONTREAL--(BUSINESS WIRE)--TOMAGOLD CORPORATION (TSXV: LOT; OTCPK: TOGOF) ("TomaGold†or the "Company†) is pleased to announce that, further to its news releases dated June 16, July 11, July 18 and October 22, 2025, regarding the disposition of its wholly-owned Hazeur, Monster Lake East and Monster Lake West properties (the "Properties†) to Northern Superior Resources Inc. ("Northern Superior†), the Company has received a $1,000,000 final cash payment from IAMGOLD Corporation, which recently ac. ...
Mineros Resolves Tax Dispute With Nicaraguan Tax Authorities
Businesswire· 2025-12-19 22:01
Election of Directors – Electoral Quotient System The Company has been granted an exemption from the individual voting and majority voting requirements applicable to listed issuers under Toronto Stock Exchange policies, on grounds that compliance with such requirements would constitute a breach of Colombian laws and regulations which require the directors to be elected on the basis of a slate of nominees proposed for election pursuant to an electoral quotient system. For further information, please see the ...
IPO Stock Of The Week: Insurance Software Leader Exzeo Approaches First Buy Point
Investors· 2025-12-19 19:53
TRENDING: The Next Big AI Roadblock Is On Main Street Today's Spotlight IBD's 12 Days of Holiday Deals Celebrate the holidays with big discounts on IBD's premium products every day from Dec. 13-24. Get Market Insights on IBD Live (© Chris Gash) Next Data Center Roadblock For Google, Microsoft, Oracle, Meta Is On Main Street Partner Center Insurance software play Exzeo (XZO), a recent initial public offering, is approaching its first buy point this week, amid the stock market volatility. As a result, Exzeo i ...
Galantas Gold Provides Update on Acquisition of RDL Mining Corp. and Brokered Financing
Globenewswire· 2025-12-19 19:53
Core Viewpoint - Galantas Gold Corporation is progressing with the acquisition of RDL Mining Corp and a private placement offering, with both expected to be completed in 2025 [2][3]. Acquisition and Transaction Details - The acquisition involves all issued and outstanding shares of RDL Mining Corp, with the company working to satisfy closing conditions, including TSX Venture Exchange approval [2][3]. - The private placement offering is priced at $0.08 per unit, led by Canaccord Genuity Corp and Haywood Securities Inc [2]. Indiana Project Option - Upon completion of the transaction, Galantas will hold an option to acquire a 100% interest in the Indiana gold/copper project in Chile, requiring total payments of US$15 million over five years [4]. - The first payment of US$500,000 is due in Q4 2025, followed by payments of US$1 million in the first two years, US$2 million in years three and four, and a final payment of US$8.5 million in year five [4]. Lease Agreement - Until the option is exercised, RDL will lease the Indiana Project from the current owner, Indiana Limitada, with payments not credited as option payments [5]. Historical Mineral Resources - The Indiana Project has a historical inferred mineral resource estimate of approximately 714,600 ounces of gold equivalent, based on 4,546,300 tonnes averaging 4.89 parts per million AuEq [7]. - The estimate is supported by a technical report prepared in accordance with NI 43-101 standards [7]. Offering Update - The company plans to utilize the "part and parcel pricing exception" for gross proceeds of $10 million specifically allocated for the transaction [13]. - Adjustments to the offering price may occur after the common shares resume trading, requiring TSXV approval [13]. Additional Exploration - Since the 2013 Technical Report, approximately 1,500 meters of exploration drifts have been excavated, and 960 meters of core were drilled in 2020 [12]. Company Overview - Galantas Gold Corporation is a Canadian public company trading on the TSX Venture Exchange and the London Stock Exchange AIM market, focusing on expanding gold production and resources [19].
Jefferies Bullish on Gold Miners Predicting Record Cash Flow and Margin Expansion by 2026
Yahoo Finance· 2025-12-19 19:52
Newmont Corporation (NYSE:NEM) is one of the most profitable value stocks to invest in right now. On December 7, Jefferies raised the firm’s price target on Newmont to $120 from $113 with a Buy rating. This sentiment was announced as part of the firm’s 2026 preview for the metals and mining group. Jefferies anticipates a major strategic shift for the metals sector in 2026, maintaining a high-conviction bullish stance on gold equities while turning more cautious on copper stocks due to their elevated valuat ...
Canaccord Upgrades Barrick Mining (B) Outlook as Q3 Earnings Align with Expectations
Yahoo Finance· 2025-12-19 19:52
Barrick Mining Corporation (NYSE:B) is one of the most profitable value stocks to invest in right now. On December 1, Canaccord raised the firm’s price target on Barrick Mining to C$70 from C$68, while keeping a Buy rating on the shares. This sentiment came out as the firm noted that Barrick Mining’s Q3 2025 earnings results were largely in line. On the same day, UBS raised the firm’s price target on Barrick Mining to $47 from $39, while maintaining a Buy rating on the shares. Canaccord Upgrades Barrick ...
Is Kinross Gold Corporation (KGC) One of the Most Profitable Value Stocks to Invest in Right Now?
Yahoo Finance· 2025-12-19 19:52
Kinross Gold Corporation (NYSE:KGC) is one of the most profitable value stocks to invest in right now. On December 1, UBS raised the firm’s price target on Kinross Gold to $33 from $31, while keeping a Buy rating on the shares. This sentiment comes as Gold maintains its momentum from 2025 into 2026, driven by consistent demand from both private investors and central banks. UBS believes that the market lacks the speculative crowding typically associated with a bubble. Earlier on November 24, Bank of Americ ...