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Tier One Silver Grants Stock Options
Newsfileยท 2025-10-27 21:00
Core Points - Tier One Silver Inc. has granted incentive stock options for the purchase of 4,813,000 common shares, with 3,553,000 options granted to directors and officers, exercisable at $0.12 for five years [1] - The company has renewed its contract with Strike Communications Inc. for corporate communications support and media management, with a six-month term and a monthly fee of C$3,500 [2] - Tier One Silver is focused on discovering silver, gold, and copper deposits in South America, particularly its flagship project, Curibaya [3] Summary by Category Stock Options - The company has granted a total of 4,813,000 stock options, with 3,553,000 allocated to directors and officers, exercisable at $0.12 and expiring in five years [1] - The vesting schedule includes 25% on the grant date and 12.5% every three months thereafter [1] Contract Renewal - The contract with Strike Communications Inc. has been renewed for a limited suite of services, effective immediately for six months [2] - Strike will receive a monthly fee of C$3,500 and 150,000 options, exercisable at $0.12 for up to five years [2] - The vesting schedule for these options includes 25% at three and six months, and 12.5% every three months thereafter [2] Company Overview - Tier One Silver is an exploration company focused on creating shareholder value through the discovery of world-class deposits in South America [3] - The company is primarily focused on its Curibaya project while exploring other potential projects [3] - The management and technical teams have a strong track record in capital raising and monetizing exploration success [3]
Norsemont Provides Corporate Update and Additions to the Team
Thenewswireยท 2025-10-21 13:00
Core Insights - Norsemont Mining Inc. has provided a corporate update on its Choquelimpie project, highlighting recent milestones and the successful raising of $6 million from strategic investors [1][6] - The Choquelimpie project is a past-producing gold-silver mine with significant historical production and a recent mineral resource estimate indicating 2,184,000 indicated gold-equivalent ounces and 557,000 inferred gold-equivalent ounces [2][14] - The company has a two-pronged development strategy focusing on oxide processing and deeper sulfide resource drilling, with plans to assess copper porphyry systems [3][4] Development Strategy - The company aims to process stockpiles for initial cash flow and systematically drill to expand both oxide and sulfide resources [4] - Upcoming initiatives include drilling deeper high-grade targets and further assessing identified copper and gold porphyry systems [4] Current Work Programs - Ongoing efforts include developing a geological model for stockpiles, defining metallurgical characteristics, and assessing the existing plant [5] - The company has engaged AGS Cotecna for metallurgical testing and DAES Consultores for permitting and environmental advisory [7] Key Achievements - Successful processing of stockpiles to generate initial positive cash flow [4] - Expansion of the technical and management team with key appointments, including David Flint as Chief Geologist and Roman Flores as Lead Geologist [6][7] Near-Term Objectives - The company plans to commence its 2025 Phase 3 drill program, test metallurgical samples, and report on the processing plant condition [7] - The geological team has refined drill targets and is preparing for the upcoming drilling program [7] CEO Statement - The CEO expressed excitement about advancing the Choquelimpie project towards its next development stage, with a focus on engineering and feasibility work in 2026 [12]
What Should We Expect from the Commodity Complex This Week?
Yahoo Financeยท 2025-10-06 12:08
Group 1: Commodity Market Overview - The ongoing US government shutdown has created unusual dynamics across various commodity sectors and markets [3] - The US dollar index has strengthened, leading to positive performance in the commodity complex, with all three major commodities starting the week in the green [3] - US Treasury yields are rising, indicating potential interest rate hikes to address anticipated inflation [3] Group 2: Metals Sector - December gold (GCZ25) reached a record high of $3,973.70, increasing by $64.80 (1.7%), despite the strong US dollar [4] - Silver prices also rose, with the December contract gaining $0.625 (1.3%) [4] - The upward trend in gold and silver prices is supported by ongoing purchases from central banks worldwide [4] Group 3: Energies Sector - King Crude Oil (WTI) (CLX25) saw an increase of $1.24 (2.0%) early Monday morning [5] - Futures spreads indicate stronger backwardation, but there is skepticism regarding the fundamental implications of this trend, as crude oil has been trending sideways to down for much of the past five years [5] - There appears to be a disconnect between the forward curve and the futures market dynamics, raising questions about future market behavior [5]
Norsemont Announces Closing of Warrant Financing from Strategic Investors
Thenewswireยท 2025-10-03 04:55
Core Points - Norsemont Mining Inc. has successfully closed a non-brokered private placement of 3,500,000 share purchase warrants at an issue price of CAD $0.10 per Warrant, raising gross proceeds of CAD $350,000 [1][3] - Each Warrant allows the holder to purchase one common share at a price of CAD $0.59 for a period of five years, with potential for acceleration of expiry if the share price exceeds CAD $1.00 for 10 consecutive trading days [2][3] - The proceeds from the Offering will be used for general working capital and mineral exploration of the Choquelimpie Gold-Silver-Copper project [3][7] Company Overview - Norsemont Mining owns a 100% interest in the Choquelimpie project in northern Chile, which has an initial mineral resource estimate of 2,184,000 indicated gold equivalent ounces and 557,000 inferred gold equivalent ounces [7] - The Choquelimpie project has over 1,700 drill holes and significant existing infrastructure, including roads, power, water, camp, and a 3,000-tonne-per-day mill [7] - The company is committed to responsible and sustainable resource development, utilizing modern exploration techniques to enhance shareholder value [7]
Collective Mining Announces C$100 Million Bought Deal Financing
Globenewswireยท 2025-10-01 21:01
Core Viewpoint - Collective Mining Ltd. has announced a bought deal offering of 5,270,000 common shares at C$19.00 per share, aiming for gross proceeds of approximately C$100 million, with a potential increase to C$115 million if the over-allotment option is fully exercised [1][2] Group 1: Offering Details - The offering is expected to close on or about October 8, 2025, pending necessary regulatory approvals [1] - The underwriters have an over-allotment option to purchase an additional 790,500 common shares for 30 days post-closing [1] - The common shares will be offered through a prospectus supplement and private placements in Canada, the U.S., and other jurisdictions [3] Group 2: Use of Proceeds - The net proceeds from the offering will be used to fund ongoing work programs at the Guayabales Project, explore other opportunities, and for general corporate purposes [2] Group 3: Company Overview - Collective Mining Ltd. is a gold, silver, copper, and tungsten exploration company with projects in Caldas, Colombia, and has options to acquire 100% interest in two projects within an established mining camp [7] - The flagship Guayabales Project features the Apollo system, which is characterized by large-scale, bulk-tonnage, and high-grade mineralization [8] - The company is conducting its largest drilling campaign in history at the San Antonio Project, located near the Guayabales Project, to seek new discoveries [9] Group 4: Shareholder Alignment - Management, insiders, and a strategic investor own 44.5% of the outstanding shares, indicating strong alignment with shareholders [10]
SLVO: A Bad Choice As Silver Could Fly Through The Double Top Resistance
Seeking Alphaยท 2025-09-24 11:00
It's an exciting time for silver ( SLV ). It has reached 14-year highs and is approaching the "double top" resistance at the all-time high just below $50/oz. If it breaks, silver will be, quite literally, in uncharted territory. This article looks atMy approach is long-term and I focus on investing in macro ideas through low risk ETFs and CEFs. I have traded stocks and currencies for nearly ten years and currently run a family fund with my partner and fellow SA contributor Andrew McElroy. I also invest in r ...
Crude Oil Rises Over 2%; Bionano Genomics Shares Plunge
Benzingaยท 2025-09-16 17:41
U.S. Stock Market - U.S. stocks traded mostly lower, with the Dow Jones index falling more than 150 points, down 0.37% to 45,713.02 [1] - The NASDAQ fell 0.03% to 22,341.05, and the S&P 500 dropped 0.14% to 6,605.77 [1] - Energy shares increased by 1.1%, while utilities stocks fell by 0.8% [1] Company Performance - Dave & Buster's Entertainment Inc. reported second-quarter revenue of $557.41 million, missing analyst estimates of $562.78 million [2] - The company reported adjusted earnings of 40 cents per share, falling short of estimates of 92 cents per share [2] Commodity Market - Oil prices increased by 2.2% to $64.70, while gold rose by 0.2% to $3,726.00 [5] - Silver traded up 0.1% to $43.000, and copper fell by 0.1% to $4.7120 [5] European Market - European shares were lower, with the eurozone's STOXX 600 falling 0.86% [6] - Spain's IBEX 35 Index decreased by 1.30%, London's FTSE 100 fell 0.74%, Germany's DAX 40 dipped 1.29%, and France's CAC 40 fell 0.72% [6] Asian Market - Asian markets closed mostly higher, with Japan's Nikkei gaining 0.30% and India's BSE Sensex increasing by 0.73% [7] Notable Stock Movements - Turbo Energy, S.A. shares surged 408% to $13.72 after securing a $53 million contract for energy storage projects in Spain [8] - WEBTOON Entertainment Inc. shares rose 28% to $19.13 following a non-binding agreement with Disney [8] - Jumia Technologies AG shares increased by 22% to $11.90 after an upgrade from RBC Capital [8] - Bionano Genomics, Inc. shares dropped 41% to $1.6398 due to a $10 million public offering announcement [8] - GD Culture Group Limited shares fell 19% to $7.84 after entering a share exchange agreement [8] - Next Technology Holding Inc. shares decreased by 17% to $23.79 after filing for a stock shelf of up to $500 million [8] Economic Indicators - U.S. business inventories increased by 0.2% month-over-month in July, aligning with market estimates [11] - The NAHB/Wells Fargo Housing Market Index remained steady at 32 in September [11] - U.S. industrial production rose by 0.1% in August, exceeding market expectations [11] - U.S. retail sales increased by 0.6% month-over-month in August, surpassing expectations [11] - Export and import prices both rose by 0.3% in August [11]
Tier One Silver Closes First Tranche of Previously Announced Upsized Private Placement
Newsfileยท 2025-09-12 11:51
Group 1 - Tier One Silver Inc. has completed the first tranche of its upsized non-brokered private placement, issuing 41,488,000 units at C$0.08 per unit, resulting in gross proceeds of C$3,319,040 [1][2] - Each unit consists of one common share and one full common share purchase warrant, with warrants exercisable at C$0.11 until September 11, 2028 [1][2] - A second tranche of the offering is expected to close around September 16, 2025, with proceeds intended for exploration at Curibaya, new project investigation, and general working capital [2][3] Group 2 - The company paid cash finders' fees of C$205,173 and issued 2,564,660 non-transferable finders' warrants in connection with the first tranche [3] - The securities issued are subject to a four-month and one-day hold period in Canada, expiring on January 12, 2026 [4] - The company is focused on creating value through the discovery of silver, gold, and copper deposits in South America, with a strong emphasis on its flagship project, Curibaya [6]
Collective Mining Expands the New Porphyry Discovery at San Antonio by Cutting 172.40 Metres at 1.40 g/t Au, 0.16% Cu, 17 g/t Ag and 68 ppm Mo with the Hole Bottoming in Strong Mineralization
Prnewswireยท 2025-08-25 20:01
Core Insights - The company is currently operating eleven drill rigs as part of a fully funded 70,000-metre drill program for 2025, with three rigs at the San Antonio Project and eight at the Guayabales Project [1] - Drilling at the Guayabales Project aims to define shallow mineralization, expand high-grade sub-zones, and test new targets, with two deep capacity drill rigs focused on the Apollo system [1][3] - The San Antonio Project has seen approximately 10,000 metres of diamond drilling completed, with significant mineralization identified at the Pound target [2][4] Company Developments - Executive Chairman Ari Sussman expressed confidence in the potential of the San Antonio Project, highlighting its proximity to infrastructure and the absence of nearby communities [3] - The company has upgraded all rigs at San Antonio to optimal performance parameters due to previous drilling limitations [5] - The results from drill holes SAC-15 and SAC-18 indicate strong porphyry mineralization, with SAC-18 averaging 1.88 g/t AuEq over 172.40 metres [6][9] Technical Details - The assay results from SAC-15 show 154.20 metres averaging 1.12 g/t AuEq, including higher density mineralized sub-zones [5][8] - The company has identified three mineralized phases at the San Antonio Project, with Phase 1 covering a large area and hosting low-grade gold, while Phases 2 and 3 contain higher-grade mineralization [8] - The company plans to drill test multiple targets within the San Antonio Project in 2025, leveraging its close proximity to the Guayabales Project [14]
Collective Mining Drills 183.70 Metres at 3.01 g/t Gold Equivalent Commencing from 37.30 Metres Downhole at the Apollo System
Prnewswireยท 2025-08-20 10:30
Core Viewpoint - Collective Mining Ltd. has announced positive assay results from its ongoing drilling program at the Apollo system, indicating significant gold-silver-copper-tungsten mineralization and the potential for further expansion of the resource [1][6][12]. Drilling Program and Results - The company is conducting a fully funded 70,000 metre drill program for 2025, with 11 drill rigs currently operational, focusing on the Guayabales Project and the San Antonio Project [2][3]. - Approximately 133,000 metres of diamond drilling have been completed at the Guayabales Project, with 93,000 metres specifically at Apollo [3]. - Recent assay results from four drill holes at Apollo revealed high-grade mineralization, including 183.70 metres at 3.01 g/t gold equivalent from 37.30 metres downhole (APC-134) and 37.15 metres at 7.05 g/t gold equivalent from 118.10 metres downhole (APC-136) [6][8][14]. Future Plans and Expectations - The company plans to expand the high-grade Ramp Zone at Apollo, with a second large capacity drill rig now on site and expected to begin operations shortly [4][6]. - The shallow drilling program at Apollo is nearing completion, with approximately six drill holes remaining, and is expected to enhance the internal block model by filling gaps and expanding the mineralized area by about five percent [14]. Project Overview - The Guayabales Project is the flagship project of Collective Mining, anchored by the Apollo system, which hosts large-scale, high-grade mineralization [12][11]. - The company aims to systematically drill test newly modeled high-grade sub-zones and explore greenfield targets within the project area [12].