Los Andes Copper Announces Election to Issue Common Shares in Satisfaction of US$14 Million Convertible Debenture Interest Payment Obligations
https://www.newsfilecorp.com/release/146538
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2022) - Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. ("Queen's Road Capital") on June 2, 2021, April 4, 2022 and September 2, 2022 (the "Convertible Debentures") the Company has elected to issue 10,172 common shares in the capital of the Company ("Common Shares") at a deemed price of US$10.28 (C$13.80) to Queen's Road Capital as payment for US$104,568 (C$140,304) in interest owing on the Convertible Debentures.
Investmentfirmen mit Edelmetallbezug
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- Elysee Development Corp.
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Olive Resource Capital Announces Normal Course Issuer Bid
https://www.newsfilecorp.com/release/148025
Toronto, Ontario--(Newsfile Corp. - December 14, 2022) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") announces today that it has received approval to undertake, at the Company's discretion, a normal course issuer bid program to purchase up to 10,466,520 of its common shares (the "Bid").
The Company is commencing the Bid because it believes that from time to time the market price of its common shares may not fully reflect the underlying value of the Company's business, and that the repurchase of its common shares at those times would be in the best interests of its shareholders. -
Lions Bay Capital Inc. Arranges Additional Debt Financing
https://www.newsfilecorp.com/release/148959
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2022) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces that the Company has arranged a subsequent advance of USD $373,118.28, inclusive of a deemed advance of USD $191,000 which is currently owed and outstanding and restructured into the current advance, from Riverfort Global Capital Ltd. on behalf of Riverfort Global Opportunities PCC Ltd. (the "Lender") on the previously announced amended secured loan facility (see news release on June 30, 2021). The proceeds of this advance will be used for working capital purposes and to fund future investment opportunities.
The total advance has an 18-month term, with 70% of the advance payable in 12 months with 5% of the advance payable monthly in each of the last 6 months. The additional advance bears interest at 12% per annum and is subject to an implementation fee of 7%. The advance is secured by a guarantee from the Company and its wholly owned subsidiary, Pan Andean Capital Pty Ltd. ("Pan Andean") and a pledge by the Company and Pan Andean of certain of the investments held.
As part of the advance, the Company has agreed to grant the Lender an option to purchase 3,500,000 shares of Fidelity Minerals Corp. that the Company currently holds at a price of $0.07 per share for a period of 24 months.
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IsoEnergy Announce the Settlement of a Portion of Interest Payment in Shares and Departure of Andy Carmichael
https://www.newswire.ca/news-r…carmichael-878150333.html
SASKATOON, SK, Dec. 28, 2022 /CNW/ - IsoEnergy Ltd. ("IsoEnergy" or the "Company") (TSXV: ISO) (OTCQX: ISENF) has agreed to settle a portion of the interest payments due to Queen's Road Capital Investment Ltd. ("QRC") (TSXV: QRC) as at December 31, 2022 in Common Shares.Pursuant to the unsecured convertible debenture dated August 18, 2020 between QRC and the Company (the "2020 QRC Debenture"), as at December 31, 2022, the Company will owe QRC interest in the amount of US$255,000 of which US$74,998.74 will be settled with the issuance of 34,246 common shares of the Company ("Shares"), at a deemed price of US$2.19. Pursuant to the unsecured convertible debenture dated December 6, 2022 between QRC and the Company (the "2022 QRC Debenture"), as at December 31, 2022, the Company will owe QRC interest in the amount of US$27,760 of which US$6,937.92 will be settled with the issuance of 3,168 common shares of the Company ("Shares"), at a deemed price of US$2.19.
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Sprott: AUM Close To Peak Levels, Which Is Far From Reflected In The Stock
https://seekingalpha.com/artic…-reflected-in-stock-price
Summary
- AUM in Q4-22 is estimated to have almost reached the peak level seen in Q1-22, primarily due to a recovery in precious metals prices and healthy inflows throughout the year.
- I view the ongoing inflows to the trusts as a competitive advantage, where the inflows continue to build AUM and grow earnings over time.
- The valuation is relatively attractive when we consider the dividend yield and impressive growth history of the company.
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Sprott Launches Four New ETFs Focused on Energy Transition Materials
https://ceo.ca/@globenewswire/…used-on-energy-transition
TORONTO, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott”), a wholly-owned subsidiary of Sprott Inc. (NYSE/TSX: SII), today announced the launch of four Exchange Traded Funds (ETFs) focused on providing investors pure-play1 exposure to critical minerals essential to the generation, transmission and storage of cleaner energy. The four funds are Sprott Energy Transition Materials ETF (Nasdaq: SETM), Sprott Lithium Miners ETF (Nasdaq: LITP), Sprott Junior Uranium Miners ETF (Nasdaq: URNJ) and Sprott Junior Copper Miners ETF (Nasdaq: COPJ). -
Palisades Begins Trading on
TSXTSX-V:PALI
Vancouver, British Columbia, February 6, 2023 – Palisades Goldcorp Ltd. (“Palisades”; TSX-V:PALI, the “Company”) is pleased to announce that the Company’s common shares (the “Common Shares”) have been approved for listing on the TSX Venture Exchange (the “Exchange”) as a Tier 2 issuer under the symbol “PALI” (the “Listing”). Palisades’ Common Shares commenced trading as at the opening of the markets on Monday, February 6, 2023. No public offering of Common Shares was carried out in connection with the Listing. Palisades holds a diverse portfolio of securities and derivatives among which it holds a 26.67% interest in New Found Gold Corp (TSX-V: NFG).
The Exchange issued a bulletin on February 2, 2023, confirming the Listing.
On behalf of the Board of Directors
"Collin Kettell"
Collin Kettell
Chief Executive Officer and DirectorPhone: +1 (845) 535-1486
Email: collin@palisades.caAbout Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd. is a resource investment company and merchant bank focused on junior companies in the resource and mining sector. The Company seeks to acquire equity participation in pre-initial public offering and early state public resource companies with undeveloped or undervalued high quality projects. The Company focuses on companies that are in need of financial resources to realize their full potential, are undervalued in capital markets and/or operate in jurisdictions with low to moderate local political risk. The Company expects to continue to make investments, pursuant to its dual investment strategy, to achieve broad sector exposure with upside in the event of appreciate in mineral commodities prices, while also providing the potential to realize appreciation in net asset values as a result of discoveries by issuers in which the Company holds larger positions. The Company is listed on the TSX Venture Exchange under the stock symbol “PALI”.
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Alles anzeigen
Palisades Begins Trading on TSX
TSX-V:PALIVancouver, British Columbia, February 6, 2023 – Palisades Goldcorp Ltd. (“Palisades”; TSX-V:PALI, the “Company”) is pleased to announce that the Company’s common shares (the “Common Shares”) have been approved for listing on the TSX Venture Exchange (the “Exchange”) as a Tier 2 issuer under the symbol “PALI” (the “Listing”). Palisades’ Common Shares commenced trading as at the opening of the markets on Monday, February 6, 2023. No public offering of Common Shares was carried out in connection with the Listing. Palisades holds a diverse portfolio of securities and derivatives among which it holds a 26.67% interest in New Found Gold Corp (TSX-V: NFG).
The Exchange issued a bulletin on February 2, 2023, confirming the Listing.On behalf of the Board of Directors
"Collin Kettell"
Collin Kettell
Chief Executive Officer and Director
Phone: +1 (845) 535-1486
Email: collin@palisades.caAbout Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd. is a resource investment company and merchant bank focused on junior companies in the resource and mining sector. The Company seeks to acquire equity participation in pre-initial public offering and early state public resource companies with undeveloped or undervalued high quality projects. The Company focuses on companies that are in need of financial resources to realize their full potential, are undervalued in capital markets and/or operate in jurisdictions with low to moderate local political risk. The Company expects to continue to make investments, pursuant to its dual investment strategy, to achieve broad sector exposure with upside in the event of appreciate in mineral commodities prices, while also providing the potential to realize appreciation in net asset values as a result of discoveries by issuers in which the Company holds larger positions. The Company is listed on the TSX Venture Exchange under the stock symbol “PALI”.http:///C:/Users/SSCHOL~1.WP/A…cordp-Deck-02062023-1.pdf
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Lions Bay Capital Inc. Agrees to Salamander Loan Extension
https://www.newsfilecorp.com/release/154026
Lions Bay Capital Inc. Agrees to Purchase 50% of Greensands Australia Pty Ltd
https://www.newsfilecorp.com/release/154345
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https://geoscience.nt.gov.au/g…90435/1/GR427_2016_GA.pdf
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Sprott Inc. Declares Fourth Quarter 2022 Dividend
TORONTO, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a fourth quarter 2022 dividend of US$0.25 per common share, payable on March 21, 2023 to shareholders of record at the close of business on March 6, 2023.
https://www.sprott.com/investo…th-quarter-2022-dividend/ -
Sprott Announces Year Ended 2022 Results
https://www.sprott.com/investo…-year-ended-2022-results/Management commentary
"Sprott’s positioning in precious metals and energy transition materials served our shareholders well in 2022, as Assets Under Management (“AUM”) grew to $23.4 billion, up $3 billion from December 31, 2021. Our asset growth during the year was driven by $2.8 billion in net sales, largely in our physical trusts and private strategies. We also benefited from the acquisition of the Sprott Uranium Miners ETF (URNM) and strong late-year performance in precious metals," said Whitney George, CEO of Sprott.
"We continue to build on the success of our uranium strategies by expanding our energy transition business. In July 2022, we launched an actively managed energy transition strategy to capitalize on our deep bench of talented portfolio managers and analysts and in February 2023, subsequent to year-end, we introduced four new energy-transition themed ETFs. We expect to launch additional products this year," added Mr. George.
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PALISADES GOLDCORP LTD. REPORTS FEBRUARY 28, 2023 UNAUDITED NET ASSET VALUE
https://www.newswire.ca/news-r…sset-value-815718261.html
VANCOUVER, BC, March 1, 2023 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) ("Palisades" or the "Company") is pleased to report February 28, 2023 unaudited net asset value per share[1] ("NAV") of $4.77 and after-tax unaudited NAV of $3.67.
Unaudited NAV is calculated by taking the fair market value of the shares and the in the money value of warrants held by the Company, divided by the number of shares issued and outstanding on February 28, 2023. The after-tax unaudited NAV is calculated by subtracting the cost of the shares and warrants held from their fair market value and applying the Company's tax rate of 27% then dividing the result by the number of shares issued and outstanding on February 28, 2023. -
Lions Bay Capital Inc. Provides Corporate Update
https://www.newsfilecorp.com/release/156451 -
ELYSEE Earns $1,538,116 ($0.05 per Share) During the Fourth Quarter of Fiscal 2022; Declares Dividend of $0.01 per Share for Fiscal 2022
https://www.newsfilecorp.com/release/159340 -
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2176423 Ontario Ltd. announces change in ownership of Common Shares of Sprott Inc.
https://www.newswire.ca/news-r…sprott-inc-515137011.html
TORONTO, July 17, 2014 /CNW/ - 2176423 Ontario Ltd. (the "Selling Shareholder"), a company controlled by Eric Sprott, has reduced its ownership of common shares (the "Common Shares") of Sprott Inc. (the "Corporation").
As previously announced by the Corporation on July 15, 2014, the Selling Shareholder sold, though a secondary offering (the "Offering"), 20,000,000 Common Shares (representing approximately 8% of the issued and outstanding Common Shares) to a syndicate of underwriters co-led by TD Securities Inc. and Scotia Capital Inc., and including RBC Dominion Securities Inc., CIBC World Markets Inc., GMP Securities L.P., Canaccord Genuity Corp., Cormark Securities Inc. and Desjardins Securities Inc. (collectively, the "Underwriters"), at a price of $3.00 per Common Share (the "Issue Price") for gross proceeds of $60,000,000. -
Sprott Inc. Declares First Quarter 2023 Dividend
https://www.sprott.com/investo…st-quarter-2023-dividend/TORONTO, May 04, 2023 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a first quarter 2023 dividend of US$0.25 per common share, payable on May 30, 2023 to shareholders of record at the close of business on May 15, 2023.
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Sprott Announces First Quarter 2023 Results
https://www.sprott.com/investo…rst-quarter-2023-results/
Management commentary
"Sprott's Assets Under Management closed at a record high of $25.4 billion as of March 31, 2023," said Whitney George, CEO of Sprott. "During the quarter, we benefited from approximately $1 billion in net sales in our private strategies and exchange listed products, as well as strong market value appreciation across the majority of our fund products. Looking ahead, we are confident that our positioning in precious metals and energy transition investments will continue to serve our clients and shareholders well as a global realignment of supply chains and critical mineral production unfolds over the coming years."Financial highlights1
Key Assets Under Management ("AUM") highlights
- AUM was $25.4 billion as at March 31, 2023, up $1.9 billion (8%) from December 31, 2022. On a three months ended basis, we benefited from strong market value appreciation across the majority of our fund products and strong inflows to our private strategies and exchange listed products.
Key revenue highlights- Management fees were $31.4 million in the quarter, up $4.3 million (16%) from the quarter ended March 31, 2022. Carried interest and performance fees were $Nil in the quarter, down $2 million from the quarter ended March 31, 2022. Net fees were $28.7 million in the quarter, up $3.2 million (13%) from the quarter ended March 31, 2022. Our revenue performance was primarily due to higher average AUM given market value appreciation and inflows in our exchange listed products and private strategies segments. These increases were partially offset by lower average AUM in our managed equities segment and the lack of carried interest crystallization in our private strategies segment.
- Commission revenues were $4.8 million in the quarter, down $8.3 million (63%) from the quarter ended March 31, 2022. Net commissions were $2.4 million in the quarter, down $4.2 million (64%) from the quarter ended March 31, 2022. Lower commissions were due to weaker mining equity origination activity in our former brokerage segment and slower at-the-market ("ATM") activity in our physical uranium trust.
- Finance income was $1.2 million in the quarter, down $0.3 million (18%) from the quarter ended March 31, 2022. We experienced lower income generation in co-investment positions we hold in LPs managed in our private strategies segment.
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Orecap Completes Awalé Financing
Toronto, Ontario--(Newsfile Corp. - May 25, 2023) - Orecap Invest Corp. (TSXV: OCI) (OTCQB: ORFDF) (the "Company" or "Orecap") is pleased to announce that the Company has completed its investment in Awalé Resources Limited (ARIC:TSXV) ("Awalé"), as announced in the Company's April 25 news release.
"This financing and a change in leadership at Awalé represents a special situation where an active approach can add value to our investments. We are excited to partner with Awalé and its new CEO, Andrew Chubb, who has a clear plan to advance their Odienné project. Odienné is a large-scale and exciting copper-gold project that has attracted equity investment and a joint venture partnership with the world's largest gold miner, Newmont Corp. Newmont is scheduled to spend $3 million on Odienné in 2023. With fresh leadership, a restored balance sheet, and significant news flow on the horizon from Newmont's Investment in Odienné, we see a bright future for Awalé. So much so that Charles Beaudry and I have personally co-investing alongside Orecap," said Stephen Stewart, Orecap CEO.
https://www.newsfilecorp.com/release/167441
https://orecap.ca/site/assets/…esentation_2023_05_24.pdf -
Los Andes Copper Announces Election to Issue Common Shares in Satisfaction of US$14 Million Convertible Debenture Interest Payment Obligations
https://www.newsfilecorp.com/release/168439
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2023) - Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. ("Queen's Road Capital") on June 2, 2021, April 4, 2022 and September 2, 2022 (the "Convertible Debentures") the Company has elected to issue 11,550 common shares in the capital of the Company ("Common Shares") at a deemed price of US$9.09 (C$12.25) to Queen's Road Capital as payment for US$104,990 (C$141,604) in interest owing on the Convertible Debentures. -