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SLVR: A Good ETF In A Likely Overbought Silver Market
Seeking Alpha· 2025-07-12 12:41
Price Action Summary - The price of silver has experienced significant movement over the past month, breaking out into the $36 range after fluctuating between $30 and $34 per ounce since last summer [1]
Zynex: New CEO Steven Dyson shares his vision – ICYMI
Proactiveinvestors NA· 2025-07-12 12:40
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
Galway Metals Announces Final Option Payment for Royalty Buy Back at Its Clarence Stream Property
Globenewswire· 2025-07-12 02:44
Group 1 - Galway Metals Inc. intends to settle the final payment of $125,000 in cash and issue 974,026 common shares at a deemed price of $0.385 per share, totaling $375,000 [1][2] - The company previously agreed to buy back a 2% net smelter returns royalty for a total purchase price of $3,000,000, to be paid in six equal annual installments of $500,000 [2] - The first partial payment was settled in 2020 through the issuance of 434,783 shares at a deemed price of $1.15 per share [2] Group 2 - Galway Metals is focused on creating significant per share value through the exploration and sustainable development of its two 100%-owned projects in Canada [3] - The flagship project, Clarence Stream, is a major gold district in Atlantic Canada with a large, high-grade gold resource [3] - The Estrades project is a former high-grade gold and zinc-rich polymetallic VMS mine located in western Quebec [3]
Brixton Metals Closes Private Placement
Globenewswire· 2025-07-11 22:22
Not for distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, July 11, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it completed on July 11, 2025, the non-brokered private placement previously announced on July 7, 2025 (the "Offering"). The Offering consisted of 18,234,708 flow-through shares (each, a “FT Share”), for total gross proceeds of $2,370,512.0 ...
Brixton Metals Closes Private Placement
GlobeNewswire News Room· 2025-07-11 22:22
Not for distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, July 11, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it completed on July 11, 2025, the non-brokered private placement previously announced on July 7, 2025 (the "Offering").   The Offering consisted of 18,234,708 flow-through shares (each, a “FT Share”), for total gross proceeds of $2,370,512 ...
VanadiumCorp Closes First Tranche of Financing
Thenewswire· 2025-07-11 21:10
 Vancouver, BC – TheNewswire – July 11, 2025 – VanadiumCorp Resource Inc. (TSX-V: VRB) (FSE: NWNA) (OTC: VRBFF) ("VanadiumCorp" or the "Company") further to its June 10, 2025 news release, the Company announces that it has received conditional approval from the TSX Venture Exchange (the “Exchange”) for its non-brokered private placement of up to $500,000 (the “Financing”).   The Financing consists of up to 4,545,455 $0.11 units (“Units”), each Unit consisting of one common share of the Company and one comm ...
Platinum Group Metals Ltd. Reports Third Quarter 2025 Results
Newsfile· 2025-07-11 21:00
Core Viewpoint - Platinum Group Metals Ltd. is focused on advancing the Waterberg Project in South Africa, which is projected to be one of the largest and lowest-cost underground platinum group metals mines globally [1][23]. Financial Results - For the nine months ended May 31, 2025, the company reported a net loss of $3.40 million, an improvement from a net loss of $4.02 million in the same period in 2024 [14]. - General and administrative expenses increased to $2.78 million from $2.57 million year-over-year, while stock-based compensation decreased to $0.79 million from $1.61 million [14]. - Basic and diluted loss per share was $0.03, compared to $0.04 for the same period in 2024 [15]. Project Development - The Waterberg Project is owned by Waterberg JV Resources, with Platinum Group holding a 37.32% interest [5]. - The company aims to finalize construction financing and concentrate offtake agreements to advance the Waterberg Project to a development and construction decision [2][23]. - An interim budget of Rand 42 million (approximately $2.27 million) was approved to continue work programs for the Waterberg Project [7]. Recent Events - A non-brokered private placement raised $1.0 million by issuing 800,000 common shares at $1.26 each, allowing a major shareholder to regain a 26% interest in the company [6]. - The company entered into an Equity Distribution Agreement to distribute up to $50 million of common shares through an at-the-market equity program [8][10]. Smelting and Refining Initiatives - A memorandum of understanding was signed with Ajlan & Bros for establishing a platinum group metals smelter and base metal refinery in Saudi Arabia [11]. - The company is conducting a trade-off study to assess the feasibility of exporting PGM concentrate from South Africa to Saudi Arabia [20][22]. Market Outlook - The company is exploring new applications for PGMs in battery technologies through its initiative with Lion Battery Technologies [2][29]. - Despite recent global tariffs raising market uncertainties, platinum and palladium prices have been increasing due to strong demand and supply concerns [30][32]. Environmental, Social, and Governance (ESG) - The company received a BBB score in its fourth annual ESG disclosure report, indicating a commitment to improving ESG performance [33][34].
Condor Resources boosts drilling funds with Soledad sale – ICYMI
Proactiveinvestors NA· 2025-07-11 20:12
Condor Resources Inc. (TSX-V:CN, OTC:CNRIF) earlier this week announced it has signed a Letter of Intent to sell its Soledad project. The company said the sale will bring $3 million dollars over a three-year period. It confirmed that the agreement includes an upfront payment which will support drilling activities at Huiñac Punta. CEO Chris Buncic highlighted that Soledad hosts almost 2% copper equivalent in lens-type formations and breccia pipes. Proactive: The company came out with some news that you have ...
Kingman Minerals Ltd. Announces AGM Extension and Non-Brokered Private Placement
Newsfile· 2025-07-11 19:50
Core Viewpoint - Kingman Minerals Ltd. has received approval to extend the deadline for its Annual General Meeting to October 21, 2025, and plans to complete a non-brokered private placement of up to $504,000 [1][6]. Financing Details - The company intends to issue up to 7,200,000 units at a price of $0.07 per unit, with each unit consisting of one common share and one warrant [2]. - Each warrant will allow the holder to purchase an additional common share at an exercise price of $0.09 for 24 months from the closing date of the offering [2]. - Finder's fees of 6.0% of gross proceeds may be paid, along with finder's warrants equal to 6.0% of the units sold [3]. Use of Proceeds - The net proceeds from the offering will be used for working capital and to advance the preparation and permitting of an exploration plan at the Mohave Project, including the historic Rosebud Mine in Arizona [3]. AGM Extension - The company was required to hold its AGM by August 21, 2025, but has received an extension to October 21, 2025, to ensure adequate preparation [6][7]. - This extension allows the company to complete necessary corporate, regulatory, and administrative preparations for the AGM [7]. Related Party Transactions - Certain insiders of the company are expected to acquire units in the offering, which will be considered related party transactions [5]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements due to the fair market value of related party participation being below 25% of its market capitalization [5]. Company Overview - Kingman Minerals Ltd. is focused on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [9][10].
G Mining Ventures Achieves Nameplate Capacity at Tocantinzinho; Q2 2025 Production Results Released
Prnewswire· 2025-07-11 16:08
BROSSARD, QC, July 8, 2025 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that its Tocantinzinho Gold Mine ("TZ") in the State of Pará, Brazil reached a major operational milestone, with the processing plant operating at an average of 12,890 tonnes per day ("tpd") over 30 consecutive days. The Corporation also reports gold ("Au") production for the second quarter of 2025 of 42,587 ounces ("oz").Second Quarter 2025 Production Highlights ...