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Shareholders of Renergen Limited Approve Proposed Acquisition by ASP Isotopes Inc.
Globenewswire· 2025-07-11 12:00
WASHINGTON, July 11, 2025 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASP Isotopes” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, today announced that at a general meeting of shareholders of Renergen Limited (“Renergen”) held on July 10, 2025, Renergen shareholders voted overwhelmingly in favor of the acquisition of Renergen by ASP Isotopes through a scheme of arrangement (the ...
Hudbay Provides an Update on Snow Lake Operations due to Wildfire Evacuation Order
Globenewswire· 2025-07-10 21:00
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) continues to respond to the wildfire situation in northern Manitoba and is working closely with local and provincial authorities to ensure its employees remain safe as well as comply with the mandatory wildfire evacuation order effective today for the town of Snow Lake. As a result, the Company has enabled a controlled, safe and orderly temporary suspension of operations in Snow Lake. Through the Com ...
Surge Copper Announces Upsize of Private Placement to $10.4 Million
Globenewswire· 2025-07-09 12:51
Core Viewpoint - Surge Copper Corp. has successfully increased its non-brokered equity financing from approximately $6.4 million to up to $10.4 million due to strong investor demand, with full subscription from both new and existing investors [1] Group 1: Offering Details - The Offering will consist of a LIFE Offering of up to 19.2 million common shares at $0.175 per share for gross proceeds of up to $3.4 million, and a LIFE Charity Flow-Through Offering of up to 9.4 million charity flow-through common shares at $0.265 per share for gross proceeds of up to $2.5 million [7] - A Concurrent Strategic Investment is expected to raise up to $4.5 million through a private placement of up to 25.8 million common shares at $0.175 per share, increasing the strategic investor's ownership to up to 19.9% [7] Group 2: Use of Proceeds - Net proceeds from the Offering will fund engineering, environmental, and early-stage permitting activities at the Berg Project, supporting the completion of a Preliminary Feasibility Study and potential entry into the Environmental Assessment process [2] - A portion of the proceeds will also be allocated for general working capital [2] Group 3: Company Overview - Surge Copper Corp. is advancing a critical metals district in British Columbia, owning a large mineral claim package with multiple advanced porphyry deposits containing copper, molybdenum, gold, and silver [9] - The Company holds a 100% interest in the Berg Project, which has a Preliminary Economic Assessment (PEA) indicating an NPV of C$2.1 billion and an IRR of 20% based on long-term commodity prices [10]
Amerigo Reports Q2-2025 Operational Results
Globenewswire· 2025-07-09 11:30
Q2-2025 copper production of 15.5 million pounds 2025 production and cash cost guidance remain in place $7.6 million returned through Share Buybacks and Dividends in Q2-2025 VANCOUVER, British Columbia, July 09, 2025 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) ("Amerigo" or the "Company") is pleased to announce operational results for the quarter ended June 30, 2025 ("Q2-2025") from Minera Valle Central ("MVC"), the Company's 100% owned operation located near Rancagua, Chile. Dollar ...
Rugby Resources Ltd. Provides Update on Arrangement with Pampa Metals
Globenewswire· 2025-07-08 10:30
This news release is not for distribution to United States newswire service or for dissemination in the United StatesVancouver, B.C., July 08, 2025 (GLOBE NEWSWIRE) -- Rugby Resources Ltd. (“Rugby” or the “Company”) (TSX-V: RUG) is pleased to report that it has now filed and mailed materials to the shareholders of Rugby, including the Management Information Circular dated June 9, 2025 (the “Circular”) and related documents for the Special Meeting of the Rugby shareholders to be held in Vancouver on July 16, ...
Centerra Gold Provides Notice of Second Quarter 2025 Results and Conference Call
Globenewswire· 2025-07-07 11:30
TORONTO, July 07, 2025 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) will release its second quarter 2025 operating and financial results after the market closes on Wednesday August 6, 2025. The Company will host a conference call and webcast to discuss the results on Thursday August 7, 2025, at 9:00 a.m. Eastern Time. Details for the conference call and webcast are included below. Webcast Participants can access the webcast at the following webcast link.An arch ...
Surge Copper Announces $6.4 Million Equity Financing to Support Progress to Pre-Feasibility and EA Readiness at Berg
Globenewswire· 2025-07-07 11:00
Core Viewpoint - Surge Copper Corp. is advancing its Berg Project through a non-brokered equity financing of up to $6.4 million, aimed at completing a Preliminary Feasibility Study and initiating early-stage permitting activities as part of its 2025 objectives [1] Financing Details - The financing will occur through two concurrent private placements: 1. LIFE Offering: Up to 14.3 million common shares at $0.175 per share, raising up to $2.5 million, expected to close in two to three weeks [2] 2. Concurrent Strategic Investment: A significant existing strategic investor will purchase common shares at the same price, potentially raising up to $3.9 million, expected to close within four to six weeks [3] - The Company may increase the size of the LIFE Offering based on demand [4] Use of Proceeds - Net proceeds from the Offering will fund engineering, environmental, and early-stage permitting activities at the Berg Project, supporting the completion of a Preliminary Feasibility Study and entry into the Environmental Assessment process [5] Company Overview - Surge Copper Corp. is focused on developing a critical metals district in British Columbia, owning a large mineral claim package with advanced porphyry deposits containing copper, molybdenum, gold, and silver [11] - The Company holds a 100% interest in the Berg Project, which has a maiden PEA indicating a large-scale project with an NPV8% of C$2.1 billion and an IRR of 20% based on long-term commodity prices [12]
Montero Announces Completion of Return of Capital and Comments on Share Price Volatility
Globenewswire· 2025-07-04 20:43
Core Points - Montero Mining and Exploration Ltd. has completed a return of capital to its shareholders amounting to C$15,036,892.50 through a cash distribution [1] - The distribution was funded by a portion of the net proceeds from a US$27 million settlement with the Government of Tanzania regarding the Wigu Hill rare earth project [3] - The company has not reported any other material developments aside from the distribution, and recent share price volatility is believed to be linked to this event [2] Financial Details - The total cash distribution to shareholders was C$15,036,892.50, paid out pro rata [1] - The funds for the distribution were derived from a US$27 million settlement related to the expropriation of the Wigu Hill project [3] Shareholder Information - Registered shareholders must complete a letter of transmittal to receive the distribution, which is available on the company's SEDAR+ profile [5] - Following a consolidation of common shares effective May 5, 2025, shareholders received a letter from the transfer agent with instructions for exchanging share certificates [4]
SCC(SCCO) - 2024 Q4 - Earnings Call Presentation
2025-07-04 11:53
F E B R U A R Y 2 0 2 5 4Q24 RESULTS Disclaimer The material in this presentation has been prepared Southern Copper Corporation (SCC) and is general background information about SCC's activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information in this presentation, including financial forecasts, should not be considered as advice or a recommendation to investors or prospective investors in relation to holding, purchasing ...
SCC(SCCO) - 2024 Q3 - Earnings Call Presentation
2025-07-04 11:49
Financial Performance - Net sales increased by 17% from $2506 million in 3Q23 to $2931 million in 3Q24[22] - EBITDA increased by 31% from $1291 million in 3Q23 to $1685 million in 3Q24[22] - Net income increased by 45% from $620 million in 3Q23 to $897 million in 3Q24[22] - Cash cost decreased by 22% from $098 in 3Q23 to $076 in 3Q24[22] Production - Copper production increased by 4% from 242474 tons in 3Q23 to 252219 tons in 3Q24[19] - Molybdenum production increased by 6% from 6859 tons in 3Q23 to 7271 tons in 3Q24[20] - Silver production increased by 91% from 16281 MM Ounces in 3Q23 to 31078 MM Ounces in 3Q24[20] - Zinc production increased by 21% from 44 tons in 3Q23 to 53 tons in 3Q24[20] Capital Investments - The company has board-approved projects that will add +156k tons of copper production[31] - Other projects are planned to add +545k tons of copper production[31] ESG Initiatives - The company delivered a Center for Research to the Universidad Nacional de San Agustín de Arequipa (UNSA), Peru, at a cost of $18 million[33] - Dr Vagón provided more than 6000 free medical services to 2050 people in Cananea in September 2024[36]