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Nord Precious Metals Grants Stock Options
Thenewswire· 2025-10-06 18:55
  October 6, 2025 – TheNewswire - Nord Precious Metals Mining Inc. (TSX.V: NTH) (OTCQB: CCWOF) (FRANKFURT: 4T9B) (the "Company" or "Nord") announces that it has granted stock options to its directors and officers to purchase an aggregate of 900,000 common shares in the capital of the Company.  The stock options are exercisable for a term of five years at an exercise price of $0.25 per share.  All stock options are granted in accordance with the terms of the Company's Stock Option Plan and the policies of t ...
Exclusive-G7 weighs price floors for rare earths to counter China's dominance, sources say
Yahoo Finance· 2025-09-24 16:54
By Julia Payne and Divya Rajagopal BRUSSELS/TORONTO (Reuters) -Group of Seven (G7) members and the European Union are considering price floors to promote rare earth production, as well as taxes on some Chinese exports to incentivise investment, four sources with knowledge of the discussions told Reuters. Rare earths are difficult-to-extract metallic elements critical to the manufacture of products including cell phones, cars and high-tech weapons. China, the world's leading producer of rare earths, surp ...
REV Exploration Announces Closing Of Aden Dome Natural Hydrogen Acquisition
Thenewswire· 2025-08-13 22:15
Group 1 - REV Exploration Corp. has completed the acquisition of the Aden Dome Natural Hydrogen Project in Alberta, receiving final approval from the TSX Venture Exchange [1][2] - The acquisition was conducted on an arm's-length basis, with no finder's fees paid, and all conditions of the purchase agreement have been satisfied, including the issuance of 300,000 common shares at a deemed price of C$0.27 per share [2] - With this acquisition, REV now holds a 100% interest in the Aden Dome project and plans to proceed with exploration activities [2][3] Group 2 - REV Exploration Corp. is a mineral exploration company with a portfolio that includes gold and battery metal properties in Quebec, as well as significant exposure to the Natural Hydrogen sector in Alberta and Saskatchewan [3] - The company has an option to acquire 100% of a series of PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome, and holds a significant equity position in MAX Power Mining Corp., which has the largest permitted land package for Natural Hydrogen in Saskatchewan [3]
Nord Announces Revocation of MCTO
Thenewswire· 2025-07-22 23:10
Core Points - The British Columbia Securities Commission has revoked the management cease trade order (MCTO) for Nord Precious Metals Mining Inc. effective July 22, 2025, allowing management to trade the company's securities again [1][2] - The company successfully filed its annual audited financial statements for the year ended December 31, 2024, and interim financial statements for the three months ended March 31, 2025, which were prerequisites for the MCTO revocation [1][2] Company Overview - Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, focusing on high-grade silver discovery and strategic metals recovery [4] - The flagship Castle property covers 63 square kilometers and includes the past-producing Castle Mine, with drilling delineating 7.56 million ounces of silver in inferred resources at an average grade of 8,582 g/t Ag (250.2 oz/ton) [4] - The company's integrated processing strategy enhances the economics of extracting critical minerals such as cobalt and nickel, utilizing a proprietary Re-2Ox hydrometallurgical process for producing technical-grade cobalt sulfate and nickel-manganese-cobalt formulations [5] Strategic Positioning - Nord maintains a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project, which spans 260 square kilometers near Cochrane, Ontario [6]
Pan American Energy Announces Changes to Board of Directors
Globenewswire· 2025-06-23 12:00
CALGARY, Alberta, June 23, 2025 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) ("Pan American" or the "Company"), an exploration stage company engaged principally in the acquisition, exploration and development of mineral properties focused on battery metals in North America, is pleased to announce that Mr. Tasheel Jeerh has been appointed as a Board Member of the Company. The Company also announces that Paul Gorman is stepping down as a Director of Pan American and is ...
Pan American Energy Closes Debt Settlement Transactions
Globenewswire· 2025-06-06 21:57
Company Overview - Pan American Energy Corp. is an exploration stage company focused on the acquisition, exploration, and development of mineral properties containing battery metals in North America [3]. Debt Settlement Transactions - The company has issued 205,841 common shares at a deemed value of $0.20 per share, totaling $441,168.50 in settlement of accrued and outstanding debt to certain creditors [1]. - All securities issued are subject to a statutory hold period expiring on October 7, 2025, in accordance with Canadian securities legislation [2]. Project Acquisition - The company has executed an option agreement with Magabra Resources to acquire a 75% interest in the Big Mack Lithium Project, located 80 km north of Kenora, Ontario, with the potential to earn an additional 15% interest for a total of 90% [4].
Vital Battery Metals Announces Name Change to Aventis Energy
Globenewswire· 2025-05-02 21:00
Company Overview - Vital Battery Metals Inc. has announced a name change to "Aventis Energy Inc." with a new trading symbol "AVE" on the Canadian Securities Exchange [1][2] - The company is focused on mineral exploration, particularly in battery, base, and precious metals, and is advancing its Sting Copper Project [3] Sting Copper Project - The Sting Copper Project spans approximately 12,700 hectares and includes multiple historic mineral occurrences documented by the Newfoundland and Labrador Government [4] - The project is situated within a 50 km corridor known for significant volcanogenic massive sulfide (VMS), copper quartz vein lode, and low sulphation epithermal gold showings [4]
REV Exploration Grants RSUs and Stock Options
Thenewswire· 2025-03-26 12:15
Core Points - REV Exploration Corp. has granted 125,000 stock options and 125,000 restricted share units (RSUs) to a director, with stock options priced at $0.275 and expiring on March 25, 2030 [1] - The RSUs will vest over time and can be converted into common shares or cash at the company's discretion [1] Company Overview - REV Exploration is a mineral exploration company focused on gold and battery metals, owning properties in Quebec, including nickel, niobium, tantalum, and gold [2] - The company is also exploring opportunities in the natural hydrogen sector in Saskatchewan [2]
Sibanye Stillwater (SBSW) - 2024 H2 - Earnings Call Transcript
2025-02-21 08:00
Financial Data and Key Metrics Changes - Revenue increased by 7% for the six months ended December 31, 2024, primarily due to higher Rand gold prices and the inclusion of Relden operations [79] - Adjusted EBITDA for the six months was ZAR6.4 billion, maintaining stability for the third consecutive half-year [80] - Profit for the period was $1.3 billion compared to a loss of $45 million for the same period in 2023 [81] Business Line Data and Key Metrics Changes - South African gold operations contributed just under ZAR6 billion in EBITDA for the year, a substantial increase from the prior period [45] - South African PGM operations saw a 16% decline in the PGM basket price year on year, leading to a nearly 60% decrease in EBITDA to ZAR7.5 billion for 2024 [48] - The recycling business contributed ZAR594 million to adjusted EBITDA, with a total revenue of ZAR14 billion for 2024 [24][60] Market Data and Key Metrics Changes - The average PGM basket price declined by 21% to $988 per ounce, impacting U.S. operations significantly [54] - The South African gold operations experienced a 22% increase in prices, which positively influenced revenue [82] - The average zinc price for the year was USD 2,805 per tonne, significantly higher than the previous year's price [75] Company Strategy and Development Direction - The company is focused on strategic differentiation and sustainability, emphasizing operational excellence and capital optimization [6][7] - The diversification into battery metals and recycling is a key part of the company's strategy to mitigate risks associated with traditional mining [17][24] - The company aims to enhance its position in Western markets, particularly through strategic metals in North America and Europe [25][29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the gold operations' performance due to restructuring benefits and a sustained increase in gold prices [45] - The company acknowledged the challenges posed by declining PGM prices but indicated a positive outlook for future operations [12][15] - Management emphasized the importance of maintaining a strong balance sheet and liquidity to navigate the low PGM price environment [86] Other Important Information - The company has secured significant tax credits in North America, estimated at approximately $2.2 billion for 2023 and $1.6 billion for 2024 [25][26] - A new chrome management agreement with Glencore is expected to optimize value from byproducts and enhance operational synergies [50] - The company is progressing well with the Caliber project, with construction on track and an increase in headcount [66] Q&A Session Summary Question: What are the expectations for gold operations moving forward? - Management expects continued positive output from gold operations into 2025, driven by restructuring benefits and higher gold prices [45] Question: How is the company addressing the challenges in PGM operations? - The company is implementing cost management strategies and restructuring to improve efficiency and reduce costs in PGM operations [48][54] Question: What is the outlook for the recycling business? - The recycling segment is anticipated to grow, with a focus on maintaining access to critical feedstock and leveraging synergies across operations [60]