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Excellon Grants Stock Options
Newsfile· 2025-12-12 14:38
Toronto, Ontario--(Newsfile Corp. - December 12, 2025) - Excellon Resources Inc. (TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") announces that, pursuant to its Share Incentive Plan, it has granted an aggregate of 4,600,000 stock options to directors and officers of the Company. The options are exercisable at $0.38 per share for a period of three years and will vest one-quarter immediately and one-quarter on each of the dates that are 6, 12 and 18 months from the date of grant.About ...
Mawson Finland Highlights Closing of First Nordic’s $80M Financing, Announces Date of Special Shareholder Meeting for Arrangement Approval, Announces Loan
Globenewswire· 2025-10-17 21:03
Core Viewpoint - Mawson Finland Limited is advancing its strategic partnership with First Nordic Metals Corp through a significant financing and acquisition agreement, which is expected to enhance the capital structure and project development capabilities of the combined entity, NordCo Gold. Group 1: Financing and Transaction Details - First Nordic has successfully closed an $80 million financing through a brokered and non-brokered offering of subscription receipts priced at $0.38 each [1] - An arrangement agreement has been established where First Nordic will acquire all common shares of Mawson, with each subscription receipt convertible into one common share of NordCo Gold, subject to a 4:1 consolidation [2] - The transaction is anticipated to close in December 2025, pending approval from Mawson shareholders, the Ontario Superior Court, and the TSX Venture Exchange [4] Group 2: Management and Future Plans - The CEO of Mawson expressed confidence that NordCo Gold will be well-capitalized post-transaction, enabling progress on First Nordic's Barsele project and Mawson's Rajapalot project [3] - A special meeting for Mawson shareholders to vote on the transaction is scheduled for December 4, 2025, with proxy materials to be distributed in November [3] Group 3: Financial Arrangements - First Nordic will provide bridge financing to Mawson in the form of a loan up to $1 million, intended for transaction-related costs and general corporate purposes [5] - The loan will accrue interest at 8% per annum, with repayment due by January 30, 2026, or upon termination of the arrangement agreement [6] Group 4: Company Overview - Mawson Finland Limited is focused on the exploration and development of precious and base metal properties in Finland, primarily gold and cobalt, holding a 100% interest in the Rajapalot Gold-Cobalt Project [7]
What Makes Solitario (XPL) a New Buy Stock
ZACKS· 2025-05-23 18:58
Core Viewpoint - Solitario Resources (XPL) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Company Performance and Outlook - The recent upgrade for Solitario reflects an improvement in the company's underlying business, which is expected to drive the stock price higher as investors recognize this trend [5][10]. - For the fiscal year ending December 2025, Solitario is projected to earn -$0.07 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 7.1% over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Solitario's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].