Core Viewpoint - Equinox Gold Corp. has agreed to sell its Brazil Operations for a total consideration of $1.015 billion, which includes $900 million in upfront cash and up to $115 million in contingent payments based on production thresholds [1][2][6]. Financial Impact - The transaction will allow Equinox Gold to fully repay its $500 million Term Loan and $300 million Sprott Loan, significantly improving its financial position and reducing interest expenses [2][10]. - The company anticipates enhanced cash flow per share and increased flexibility for self-funding organic growth and capital return initiatives [2][10]. Strategic Focus - The sale simplifies the company's portfolio, enabling a focus on higher-return, lower-risk growth opportunities in North America, particularly in Canada and the United States [3][5]. - Key assets post-transaction will include the Valentine and Greenstone mines in Canada, the Mesquite mine in California, and operations in Nicaragua, with expected annual production of 700,000 to 800,000 ounces of gold in 2026 [4][10]. Growth Potential - The company is positioned for near-term organic growth through expansions at Valentine and Castle Mountain, as well as a redefined development plan at Los Filos in Mexico [4][10]. - The contingent cash payment of up to $115 million is linked to production thresholds, incentivizing performance post-sale [6][10]. Advisory and Legal Support - BMO Capital Markets is acting as the financial advisor for Equinox Gold, providing a fairness opinion on the transaction, while legal counsel is provided by Blake, Cassels & Graydon LLP in Canada and Veirano Advogados in Brazil [7].

Core Insights - The article discusses the resilience of gold and gold mining companies, indicating that they remain attractive despite market fluctuations [1]. Group 1: Gold Market Analysis - Gold mining companies, represented by indices such as GDX and GDXJ, continue to show strength in the current market environment [1]. - The article highlights the ongoing interest from investors in gold as a safe-haven asset, suggesting that gold bugs remain optimistic [1]. Group 2: Investment Strategy - The investment approach focuses on identifying growth opportunities with favorable risk/reward ratios, particularly in the context of gold and related sectors [1]. - The strategy emphasizes avoiding overhyped stocks while targeting undervalued stocks with significant recovery potential, particularly in the gold mining sector [1].

Group 1 - Quantum computing poses a potential threat to cryptocurrency security, raising concerns about a possible "crypto-geddon" [5] - The rotation out of tech stocks has benefited various sectors, including pharmaceuticals, airlines, mining, and retail, with companies like Eli Lilly, Urban Outfitters, and United Airlines showing strength [6] - Urban Outfitters and a gold stock have reached new highs, with record silver prices pushing the mining giant into a buy zone [9] Group 2 - Eli Lilly's stock has risen following the European Medicines Agency's recommendation for its drug Mounjaro to be used in children as young as 10 [11] - The market is currently experiencing a mixed reaction, with tech stocks falling while companies like Eli Lilly and Urban Outfitters gain attention [11] - United Airlines is also showing renewed technical strength, indicating positive market sentiment towards the airline sector [11]

Investment Moves - Michael Burry's Scion Asset Management made significant portfolio adjustments in Q1 2024, including selling stakes in Amazon and Alphabet while increasing holdings in Chinese companies JD.com and Alibaba [2] - Burry purchased 440,729 shares of Sprott Physical Gold Trust, valued at $7.6 million, making it the fifth-largest position in his portfolio [3] Gold Market Insights - Gold prices have surged, surpassing $4,000 USD per ounce in October 2025, prompting questions about potential further upside [4] - Historically, gold tends to outperform during economic turmoil, making it an attractive alternative asset class for investors seeking defensiveness in their portfolios [4] Investment Strategies in Gold - Investors can gain exposure to gold through various methods, including purchasing physical gold coins or bars, though this comes with storage and insurance costs [5] - Investing in gold mining stocks or companies involved in precious metals can provide leverage to rising gold prices, but also carries more downside risk due to the nature of their revenue and cost structures [6]

Company Overview - Gold Fields Limited (GFI) is the eighth largest gold producer globally, with operations in Australia, Chile, Ghana, Peru, South Africa, and Canada [1] - The company has outperformed the market and industry averages since 2014, with a five-year compounded annual growth rate of 38% [1] Financial Performance - GFI is expected to increase sales by 79% this year and an additional 26.5% next year, with projected earnings growth of 51.4% annually over the next three to five years [9] - Despite strong growth forecasts, GFI trades at a forward earnings multiple of 14.2x, below the industry average of approximately 19x, resulting in a PEG ratio of 0.28, indicating a deeply discounted valuation [10] Market Conditions - Gold is in a bull market, having risen over 60% this year, driven by geopolitical uncertainty, rising global tensions, and increased fiscal risks [5] - Central banks are accumulating gold at the fastest pace in decades, creating a structural demand that supports higher prices [5] Technical Analysis - Both GFI and gold are forming bullish technical patterns, with key price levels at $44 (upper boundary) and $37.50 (lower boundary) [6] - A decisive close above or below these levels will signal the direction of the next major move [6] Investment Consideration - GFI offers a combination of high growth, strong operating leverage, and attractive valuation, making it a compelling opportunity for investors seeking exposure to gold [12][13] - The stock is well-positioned for further gains due to the ongoing uptrend in gold prices and bullish technical patterns [12]

Core Points - Robex Resources Inc. has filed an addendum to its management information circular regarding an arrangement agreement with Predictive Discovery Limited and Acquireco for the acquisition of all issued and outstanding common shares of Robex [1] - The special meeting for Robex shareholders to vote on the arrangement resolution is scheduled for December 30, 2025, following a postponement from December 15, 2025 [3][5] - The board of directors of Robex has unanimously recommended that shareholders vote in favor of the arrangement, stating that the amended consideration is fair from a financial perspective [4] Summary by Sections Arrangement Agreement - The addendum provides details about the amending agreement that modifies the previously announced arrangement agreement, where Acquireco will acquire all Robex shares through a statutory plan of arrangement [1] - Under the amended agreement, Robex shareholders will receive 7.862 Predictive shares for each Robex share held, resulting in approximately 53.5% ownership for existing Predictive shareholders and 46.5% for former Robex shareholders in the combined company [13] Meeting and Voting - The record date for determining eligible Robex shareholders to vote at the meeting is set for November 3, 2025 [2] - The deadline for depositing proxies has been extended to December 29, 2025, allowing shareholders additional time to submit their votes [8] - The meeting will be held virtually, and registration is required by December 22, 2025 [6] Financial Considerations - Cormark Securities Inc. and Canaccord Genuity Corp. provided fairness opinions confirming that the amended consideration is fair to Robex shareholders [13] - Pro forma capitalization and financial information have been updated to reflect the amended exchange ratio and are included in the addendum [15][21] Additional Information - An amended and restated circular has been filed to include previously omitted pro forma financial statements [29] - Robex has engaged financial and legal advisors to assist in the transaction process [31]

Core Viewpoint - Lode Gold Resources Inc has appointed David Swetlow as Chief Financial Officer to facilitate the spin-off of its subsidiary Gold Orogen, which is nearing completion of a reverse take-over transaction to become a public company [1][4][10] Company Overview - Lode Gold has key assets located in Canada and the United States [5] - The company is focused on unlocking shareholder value through strategic corporate actions, including the spin-off of Gold Orogen [1][10] Appointment of CFO - David Swetlow brings over 30 years of experience in finance, operations, and corporate governance, having held various senior management and advisory roles [3] - His expertise includes company formation, financing, and public company management, which will enhance Lode Gold's existing team [4] Spin-off Details - The record date for Lode Gold shareholders entitled to receive shares of Gold Orogen will be set soon, with a distribution of approximately 0.57 shares of Gold Orogen for each common share of Lode Gold held [2] - The spin-off aims to create two standalone public companies with distinct growth trajectories [10] Gold Orogen Assets - Gold Orogen is an early-stage exploration company with quality assets in Yukon and New Brunswick, Canada, benefiting from a strategic partnership and a large land package [7] - The New Brunswick assets are located in a highly prospective area with significant discoveries, while the Yukon assets have shown extensive exploration success [8][9] Fremont Gold Project - The Fremont Gold Project in California has a historical mining record with a PEA completed in 2023, indicating a resource of 1 million ounces (M&I) and 2 million ounces (Inferred) [6] - The project is situated on over 3,000 acres of 100% owned land, designated as an Opportunity Zone, providing special tax incentives [6] Stock Options - Lode Gold has awarded David Swetlow 322,000 stock options at an exercise price of $0.21, with a vesting schedule that includes 50% on grant and the remaining 50% after one year [4]

Core Points - Alerio Gold Corp. has announced a name and symbol change to Lighthouse Gold Inc. [1][2] - The new shares will begin trading under the new name and symbol, along with a new CUSIP number on December 17, 2025 [1][2] - All open orders will be canceled at the end of business on December 16, 2025, and dealers are reminded to re-enter their orders [1][2] Company Information - Effective date for the name and symbol change is December 17, 2025 [3] - The old symbol was ALE, and the new symbol will be LGHT [3] - The new CUSIP number is 531961 10 0, and the new ISIN is CA 531961 10 0 3 [3] - The old CUSIP and ISIN were 01450V104/CA01450V1040 [3]

Core Viewpoint - Rocky Shore Gold Ltd. has successfully completed the acquisition of the Brady Property and made the initial payment under the Huxter Lane Option Agreement, indicating strategic growth in its exploration portfolio [1][2][3]. Group 1: Acquisition Details - The company made a cash payment of $75,000 and issued 1,000,000 common shares to the vendor for the Brady Property acquisition [2]. - The vendor retains a 0.5% Net Smelter Return (NSR) which can be repurchased by Rocky Shore for $250,000, and there is an underlying 2% NSR that can be repurchased for $1,000,000 [2]. - For the Huxter Lane Option Agreement, an initial payment of $100,000 in cash was made, along with the issuance of 2,000,000 common shares [3]. Group 2: Stock Options - The company granted 5,100,000 incentive stock options to officers, directors, and consultants, each exercisable into one common share at an exercise price of $0.20 for a five-year term [4]. - Half of the options vest immediately, while the remaining half will vest on December 12, 2026, and are subject to a four-month hold period [4]. Group 3: Company Overview - Rocky Shore Gold is a Canadian exploration company focused on expanding its gold deposits and discovering major gold zones at its 100%-owned Gold Anchor Project, located in central Newfoundland [6]. - The Gold Anchor Project is the second-largest property in an emerging gold district, covering over 1,200 square kilometers and hosting two large porphyry-controlled gold deposits [6].

Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Paradigm Gold Corporation (TSXV: PDQ) ("Paradigm" or the "Company") has closed the second tranche of its previously announced non-brokered private placement (the "Offering") raising a total of $190,000.In this second tranche, the Company issued 400,000 non-flow-through units ("NFT Units") at a price of $0.10 per NFT Unit for gross proceeds of $40,000. In the first tranche, the Company issued 1,500,000 NFT Units for gross proceeds of $150,0 ...