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Rocky Shore Closes Brady Property Acquisition and Grants Options
Globenewswire· 2025-12-12 23:04
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].
Paradigm Gold Closes Non-Brokered Private Placement
Newsfile· 2025-12-12 21:30
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 ...
Illegal Miners Are Digging Gold at a $4.8 Billion Newmont Site in Peru
MINT· 2025-12-12 20:01
(Bloomberg) -- A multi-billion-dollar gold project owned by the world’s biggest bullion producer has been invaded by illegal diggers in northern Peru, according to a top government official. Newmont Corp.’s stalled Minas Conga project in the Cajamarca region “is being partially exploited by illegal mining,” Prime Minister Ernesto Alvarez told reporters Friday. Newmont didn’t immediately comment. Denver-based Newmont is the latest global company to face informal miners as near record prices increase incent ...
X @Bloomberg
Bloomberg· 2025-12-12 20:01
A multi-billion-dollar gold project owned by the world’s biggest bullion producer has been invaded by illegal diggers in northern Peru https://t.co/HODWw94omn ...
PRM to Acquire Medical Manufacturing Technologies for $685M
ZACKS· 2025-12-12 17:41
Core Insights - Perimeter Solutions, Inc. (PRM) has announced a definitive agreement to acquire Medical Manufacturing Technologies LLC (MMT) for approximately $685 million in an all-cash deal, expected to close by the first quarter of 2026 [1][7] - The acquisition aligns with PRM's strategy of focusing on businesses in secular growth markets, with MMT projected to generate around $140 million in revenues and $50 million in adjusted EBITDA for 2025 [2][3] Financial Details - The transaction will be funded through $500 million in new secured debt financing and $185 million in cash on hand, with an expected net leverage ratio of about 2.7x net debt to combined adjusted EBITDA for the last 12 months ending September 30, 2025 [1][3][7] - MMT has a strong history of organic and M&A driven growth, with about half of its revenues derived from aftermarket consumables [2] Market Performance - PRM's shares have increased by 124.5% over the past year, significantly outperforming the industry, which has seen an 8.5% decline [4] - PRM currently holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence in the company's future performance [5]
Besra Gold Announces: Election of Directors
Newsfile· 2025-12-12 14:58
Core Points - Mr. Michael Higginson will not stand for election as a Director at the Annual General and Special Meeting on December 16, 2025 [1] - The Board recognizes three Director positions are available, with only three candidates standing for election, and recommends shareholders vote in favor of David Potter [2] - As a result of Mr. Higginson's decision, Resolution 2(c) will be withdrawn from the meeting agenda, but he will continue to serve as Company Secretary and Chief Corporate Officer [3] Company Information - The announcement was authorized for release by the Board of Besra Gold Inc [4]
ARIS MINING CLOSES ACQUISITION OF REMAINING 49% OF SOTO NORTE
Prnewswire· 2025-12-12 13:27
Core Viewpoint - Aris Mining Corporation has completed the acquisition of the remaining 49% interest in the Soto Norte joint venture, resulting in 100% ownership of the Soto Norte Project and the termination of the associated precious metals stream previously granted to Mubadala [1][2]. Company Overview - Aris Mining was founded in September 2022 with a vision to become a leading gold mining company focused on South America, combining current production with growth through expansions and development projects [3]. - The company operates two underground gold mines in Colombia: Segovia Operations and Marmato Complex, which produced a total of 210,955 ounces of gold in 2024 [4]. Strategic Focus - The company aims to build a diversified gold business across Colombia and Guyana, focusing on strong cash flow generation from operating mines while pursuing growth through expansions and exploration [2]. - Aris Mining is targeting an annual production rate of over 500,000 ounces of gold, driven by the commissioning of a second mill at Segovia and the construction of the Bulk Mining Zone at the Marmato Complex, with first gold expected in H2 2026 [4]. Project Development - In Guyana, Aris Mining owns the Toroparu gold project, where a new Preliminary Economic Assessment has been completed, and a Prefeasibility Study is currently in progress [5]. - The Soto Norte gold project has completed a Prefeasibility Study confirming it as a high-grade, long-life project with strong economics, and environmental studies are being finalized for licensing submission in the first half of 2026 [6].
GPAC Completes Spin Out of Walhalla Gold Corp.
Newsfile· 2025-12-12 13:11
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: GPGCF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") announces that it has closed the previously announced Plan of Arrangement in connection with the spin out (the "Spin Out") of Walhalla Gold Corp. ("Walhalla"), whereby Great Pacific Gold will distribute the shares of Walhalla to the shareholders of GPAC (the "Shareholders"). Walhalla owns the Walhalla Gold Project in Victoria, A ...
5 Momentum ETFs With More Room to Run in 2026
ZACKS· 2025-12-12 13:00
Group 1: Market Overview - Wall Street is experiencing volatility due to overvaluation concerns in AI stocks and signs of a weakening U.S. labor market, with consumer sentiment remaining muted [1] - U.S. retail sales increased by only 0.2% in September 2025, the smallest rise in four months and below the forecast of 0.4%, indicating fragile consumer spending behavior [1] Group 2: AI Sector Insights - Despite economic uncertainty, the AI boom is expected to continue, supported by strong earnings growth driven by a significant AI investment cycle [2] - Wedbush analyst Dan Ives believes the tech market is not in a bubble but is in the early stages of an 8-10 year AI buildout, predicting a continuation of the tech bull market for at least two more years [3] Group 3: S&P 500 Forecasts - Oppenheimer has set a bullish target for the S&P 500 at 8100 for the end of 2026, which would represent a 16% gain if achieved [4] - Deutsche Bank anticipates "mid-teens returns" for the S&P 500 next year, supported by ongoing investment flows, strong buybacks, and persistent earnings strength [5] Group 4: Earnings and Economic Projections - Total earnings for the S&P 500 are projected to rise by 11% in 2025 and 11.8% in 2026, with revenue growth forecasted at 5.2% for 2025 and 6.7% for 2026 [7] - The Federal Reserve has revised its GDP growth projections for 2026 to 2.3%, up from 1.8%, while maintaining the unemployment rate at 4.4% for 2026 [8] Group 5: Federal Reserve Outlook - The Fed's outlook for 2026 includes a projection of one rate cut, consistent with previous forecasts, following three rate cuts in 2025 totaling 0.75 percentage points [10] - The Fed Funds rate is projected to remain at 3.4% for 2026, with potential for more cuts if the labor market improves and inflation declines [11] Group 6: Investment Strategies - Momentum investing is suggested as a viable strategy despite economic strains, with a focus on high-momentum ETFs such as iShares MSCI USA Momentum Factor ETF (MTUM) [6][12] - Notable high-momentum ETFs include VanEck Junior Gold Miners ETF (GDXJ) up 13.2%, iShares Silver Trust (SLV) up 19.3%, and State Street SPDR S&P Bank ETF (KBE) up 8.3% over the past month [12]
Americore Resources Corp. Announces Closing of Initial Payment Under Seka Claims Acquisition
Newsfile· 2025-12-12 13:00
Americore Resources Corp. Announces Closing of Initial Payment Under Seka Claims AcquisitionDecember 12, 2025 8:00 AM EST | Source: Americore Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Americore Resources Corp. (TSXV: AMCO) (FSE: 5GP) (OTCQB: AMCOF) ("Americore" or the "Company") announces it has completed the initial cash payment and share issuance required under the amended acquisition agreement with Nevada Hills Gold LLC for the Seka mineral claims lo ...