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Royal Road Minerals Announces Appointment of Sarah Armstrong-Montoya to the Board of Directors, Establishment of Special Advisory Board, Issue of Stock Options
Newsfile· 2025-05-13 12:00
Core Viewpoint - Royal Road Minerals Limited has announced the appointment of Sarah Armstrong-Montoya to its Board of Directors, the establishment of a Special Advisory Board focused on safety, security, and sustainability, and the issuance of stock options to certain directors [2][4][5]. Group 1: Appointment and Board Changes - Sarah Armstrong-Montoya has been appointed to the Board of Directors, bringing extensive experience from her previous roles in various companies, including the Ivanhoe group [3][6]. - Current Directors Hugh Devlin and Guy Wallis will step down from the Board to join the newly established Special Advisory Board, which aims to enhance the company's operational rigor and sustainability initiatives [2][4]. Group 2: Company Initiatives and Commitments - Royal Road Minerals emphasizes its commitment to safety, security, and sustainability, which is integral to its long-term value and reputation as a responsible exploration and development company [4]. - The establishment of the Special Advisory Board is a strategic move to ensure independent oversight and experienced guidance in the company's operations and sustainability efforts [4][6]. Group 3: Stock Options Issuance - The company has granted a total of 1,250,000 stock options to purchase ordinary shares at a price of $0.15 per share, effective May 19, 2025, with a four-month hold period [5]. - The outstanding options, including those granted, represent approximately 6% of the issued and outstanding shares of the company [5].
Premium Announces Intention to List on the NASDAQ and Provides Details for Upcoming Annual General & Special Meeting
Newsfile· 2025-05-06 13:10
Core Points - Premium Resources Ltd. intends to list its common shares on the Nasdaq Capital Market and has scheduled its 2025 Annual General and Special Meeting of Shareholders for June 3, 2025 [1][2][3] - The company will seek shareholder approval for a consolidation of its common shares at a ratio of up to 20:1 to meet Nasdaq's initial listing requirements, which mandate a minimum bid price of US$4 per share [2][3] - As of the record date for the AGSM, there are 428,986,474 common shares outstanding, which would reduce to approximately 21,449,323 shares if the 20:1 consolidation is approved [2] Company Overview - Premium Resources Ltd. is focused on the redevelopment of previously producing nickel, copper, and cobalt mines in Botswana [4] - The company emphasizes governance through transparency and accountability, with a team that has extensive experience in resource discovery and mine development [5]
Inventus Announces Early Warrant Exercise by McEwen Mining and Begins Grade Control Drilling at Pardo
Globenewswire· 2025-05-06 11:00
TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) ("Inventus" or the "Company") is pleased to announce that McEwen Mining ("MUX") has exercised 9,200,000 common share purchase warrants as part of the early warrant exercise incentive program for gross proceeds of $828,000. Proceeds from the warrant exercise will be used to advance the Company's 2025 bulk sampling program at its 100%-owned Pardo Gold Project, located 65 km northeast of Sudbury, Ontario. Highlights As part of the bulk ...
Bunker Hill Announces Amendments to Outstanding RSUs
Globenewswire· 2025-05-02 03:25
Core Points - Bunker Hill Mining Corp. has amended the vesting schedule for 3,891,096 restricted stock units (RSUs) from May 1, 2025, to June 1, 2025 [1][2] - The RSUs were granted under the amended RSU Plan on November 2, 2022, July 4, 2023, and March 13, 2024 [1] - The amendments to the RSUs are subject to approval from the TSX Venture Exchange [3] Financial Disclosure - The company clarified that the RSUs granted on November 17, 2022, were actually granted on November 2, 2022, with the first two increments vesting on March 31, 2023, and 2024, respectively [2] - The final increment of the November 2022 RSUs will now vest on June 1, 2025 [2] Company Overview - Bunker Hill Mining Corp. is focused on revitalizing its historic mining asset in the Coeur d'Alene mining district, which contains significant zinc, lead, and silver deposits [4] - The company aims to maximize shareholder value while responsibly harnessing mineral wealth through modern exploration techniques and sustainable practices [4]
VIZSLA SILVER ISSUES ANNUAL EQUITY GRANT
Prnewswire· 2025-05-01 12:00
Company Overview - Vizsla Silver Corp. is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on its flagship 100%-owned Panuco silver-gold project in Sinaloa, Mexico [3] - The company aims to become the world's leading silver company by implementing a dual track development approach at Panuco, advancing mine development while continuing district scale exploration through low-cost means [3] Financial Highlights - A Preliminary Economic Study for Panuco completed in July 2024 indicates an annual production of 15.2 million ounces of silver equivalent (AgEq) over an initial mine life of 10.6 years [3] - The study highlights an after-tax Net Present Value (NPV) at 5% of US$1.1 billion, an Internal Rate of Return (IRR) of 86%, and a payback period of 9 months at silver prices of US$26 per ounce and gold prices of US$1,975 per ounce [3] Stock Options and Incentives - The company has granted 4,050,000 stock options at an exercise price of $2.90, along with 1,450,000 restricted share units (RSUs) and 850,000 deferred share units (DSUs) to directors, officers, employees, and consultants [1] - The stock options are exercisable for five years and will vest over the next two years, while the RSUs will vest in three equal annual installments starting from the first anniversary of the grant date [1] - The DSUs vest immediately and will be exchanged for one common share of the company when the Optionee ceases to hold their position as an independent director [1][2]
Cornish Metals Corporate Update – Senior Management Appointments
Globenewswire· 2025-04-28 06:01
Core Viewpoint - Cornish Metals Inc. is advancing its South Crofty tin project in Cornwall, UK, with key leadership appointments as it transitions to construction and development [1][2]. Group 1: Leadership Appointments - David Howe has been appointed as General Manager for South Crofty, bringing 35 years of mining experience, including 24 years in executive roles, with a strong focus on safety and operational improvement [3]. - Guillermo Alcazar has been appointed as Project Director for South Crofty, with over 20 years of experience in managing complex mining and infrastructure projects, and is expected to relocate from Canada to Cornwall [4]. Group 2: Project Development - The project is moving into the construction and development phase, with the new leadership expected to play a crucial role in achieving full production and establishing Cornish Metals as a key supplier of tin in Europe [5].
Cornish Metals Announces Management Change
Globenewswire· 2025-04-28 06:00
VANCOUVER, British Columbia, April 28, 2025 (GLOBE NEWSWIRE) -- Cornish Metals Inc. (AIM/TSX-V: CUSN) (“Cornish Metals” or the “Company”), a mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom, announces the following management change. Mr. Owen Mihalop, Chief Operating Officer (“COO”), has left the Company with effect from April 25th, 2025 in order to pursue new opportunities. Don Turvey, CEO of Cornish Metals, c ...
Cornish Metals Announces Joint Broker Update
GlobeNewswire News Room· 2025-03-31 07:01
"Don Turvey" Don Turvey VANCOUVER, British Columbia, March 31, 2025 (GLOBE NEWSWIRE) -- Cornish Metals Inc. (AIM/TSX-V: CUSN) ("Cornish Metals" or the "Company"), a mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom, announces that with effect from today's date SP Angel Corporate Finance LLP and H&P Advisory Limited will act as joint brokers to the Company. ON BEHALF OF THE BOARD OF DIRECTORS For additional infor ...
Mawson Finland Announces Closing of Brokered Private Placement for $6.0 Million
Globenewswire· 2025-03-05 14:11
Core Viewpoint - Mawson Finland Limited has successfully closed a brokered private placement financing, raising gross proceeds of C$6,000,000.50 through the issuance of 3,157,895 common shares at a price of C$1.90 per share [1][2]. Group 1: Offering Details - The offering was led by Stifel Nicolaus Canada Inc. as the agent, with a cash commission of 6.0% paid on the gross proceeds, except for certain President's List Purchasers [2]. - The net proceeds from the offering will be used to advance the Rajapalot Gold-Cobalt Project and for general working capital purposes [3]. Group 2: Insider Participation - Executive Chairman Mr. MacRae subscribed to the offering, acquiring 20,530 shares at the offering price, which is classified as a related party transaction [4]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to Mr. MacRae's participation not exceeding 25% of the fair market value of the company's market capitalization [4]. Group 3: Company Overview - Mawson Finland Limited is focused on the exploration and development of precious and base metal properties in Finland, primarily gold and cobalt [7]. - The company holds a 100% interest in the Rajapalot Gold-Cobalt Project, which is part of the larger Rompas-Rajapalot Property encompassing 100 square kilometers [7].