Beiträge von Minehunter

Freeman Gold Announces Closing of US$13.4 Million Oversubscribed Non-Brokered Private Placement

Freeman Gold Corp. (CSE: FMAN, OTCQB: FMANF, FSE: 3WU) (“Freeman” or the “Company“) is pleased to announce that is has closed its non-brokered private placement consisting of the issuance of 38,261,617 units (the “Units“) at a price of US$0.35 per Unit for aggregate gross proceeds of US$13,391,565.95 (the “Offering“). Each Unit consists of one common share of the Company (each, a “Share“) and one half of one Share purchase warrant (each whole warrant, a “Warrant“), with each Warrant entitling the holder thereof to purchase one Share for a period of sixty months at a price of US$0.65 per Share. The Warrants will be listed and be free trading after the standard 4-month hold is lifted. The Warrants are governed by a warrant indenture entered into by the Company and Odyssey Trust Company, as warrant agent (the “Indenture“). A copy of the Indenture will be posted under the Company’s profile on SEDAR.
Paul Matysek, Executive Chair, commented, “Freeman is now well funded to execute its planned programs. With the closing of this round of financing the company will have over US$16 million in the treasury. This will allow for us to increase and expand the on-going phase 2 drill program into the first half of fiscal 2022, as well as complete all our metallurgical studies and fund our maiden preliminary economic assessment. I would also like to welcome over 850 new shareholders which included premier institutions. I am especially grateful for the support of Marin Katusa for his personal contribution and those of his President’s List that provided 75% of the gross proceeds. Marin’s financial and business acumen has been instrumental in the success of a string of public resource companies and we look forward to working with him in adding Freeman to that stellar list.”
No commissions were paid on this financing. No finder fees were paid in any way as part of this financing.
The Company intends to use the proceeds from the Offering for project development at its 100% owned Lemhi Project (as defined below), including, but not limited to, resource expansion and definition drilling, engineering, metallurgical and environmental studies, property wide exploration, and for general corporate activities.
All securities issued pursuant to the Offering are subject to a hold period under applicable Canadian securities laws of four months and one day, expiring March 30, 2022. The Company anticipates making an application to list the Warrants for trading on the CSE after the expiration of the applicable statutory hold period.
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), and may not be offered or sold in the United States or to the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) or a person in the United States absent an exemption from the registration requirements of the U.S. Securities Act and in compliance with all applicable state securities laws.
About Freeman
Freeman is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the “Lemhi Project“). The Lemhi Project comprises 30 square kilometers of highly prospective land. The project hosts a near surface, shallow, high grade oxide gold resource. The pit constrained National Instrument 43-101 compliant mineral resource estimate is comprised of 749,800 oz gold (“Au“) at 1.02 grams per tonne (“g/t“) in 22.94 million tonnes (Indicated) and 250,300 oz Au at 1.01 g/t Au in 7.83 million tonnes (Inferred). The Company is focused on growing and advancing the Lemhi Project towards a production decision. The technical content of this news release has been reviewed and approved by Dean Besserer, P.Geol., VP Exploration of the Company and a Qualified Person as defined by National Instrument 43-101.
On Behalf of the Company
William Randall
President and Chief Executive Officer

Group Ten Metals Signs Definitive Agreement with Heritage Mining on the Black Lake-Drayton Gold Project in Ontario, Canada

November 29, 2021 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE | OTCQB: PGEZF; FSE: 5D32) (the “Company” or “>Group Ten”) is pleased to announce that it has signed a Definitive Agreement (the “Agreement”) with Heritage Mining Ltd. (“Heritage”) per the binding Letter of Intent (the “LOI”) announced August 26, 2021. By the terms of the Agreement, and subject to the earn-in requirements specified therein, Heritage can acquire up to a 90% interest in Group Ten’s Black Lake-Drayton gold project (the “Property”) in Ontario, Canada.
Group Ten also announces that it has initiated the exploration program required by the Agreement, with a focus on advancing and refining existing targets identified in past campaigns, as well as advancing new targets. To this end, the 2021 program includes re-sampling of core from 1996-2002 drill campaigns programs at the Moretti, Dragfold, and Bonanza targets, focused prospecting in areas of interest identified by the 2017 geophysical modelling and interpretation report, and a basal till sampling program intended to expand upon successful 2018 and 2020 programs.
Group Ten President and CEO, Michael Rowley stated, “We are pleased to announce the successful conclusion of the first in what we expect will ultimately become a series of deals whereby Group Ten begins to realize value for our non-core assets. Black Lake-Drayton, like our Kluane Ni-Cu-PGE project, is a high-quality brownfields project that is district-scale in size and 100%-owned by the Company. The Agreement with Heritage Mining provides Group Ten with significant exposure to the gold market while allowing us to focus on our 100%-owned Stillwater West project in Montana, where we see terrific potential to expand our recent inaugural resource estimates of first-world nickel, copper, palladium, platinum, rhodium, gold and cobalt. Core from 2021 resource expansion drilling at Stillwater West is progressing through the assay lab and we look forward to a series of news releases announcing results starting in the coming weeks, as well as updates on other initiatives including our work in carbon sequestration.”
Heritage Mining’s CEO, Peter Schloo stated, “It is rare that a project of this size and quality becomes available, and we appreciate Group Ten’s faith in our ability to add significant shareholder value in a timely manner. We are very excited about the Black Lake-Drayton project and look forward to developing the property in a systematic manner. This is a pivotal point in Heritage Mining’s path, and we look forward to the future. We anticipate a go-public listing shortly, pending market conditions.”

Zitat von Peter7

Ende aller Maßnahmen in Deutschland am 20.03.2022 ... alter Schwede ... endlich!

Und das glaubst du?
Ist doch alles kompletter Bullshit was diese Idioten da immer verzapfen... ist morgen eh wieder anders. Alles LÜGE und Bullshit- war doch noch nie anders... Ich schau mir diesen ganzen Scheiß schon lange nicht mehr an...

Canada Silver Cobalt Works drilling at Graal Property shows strong numbers as drilling increases

Zitat von Sam19

???
Ist das tatsächlich aussagekräftig? Oder wird hier mit der Meldung und einem Trading Halt nicht doch ein bisschen zu sehr auf "die Kacke gehauen"?

Keine Ahnung, morgen ist Thanksgiving in USA, glaub da ist die Börse zu? Vielleicht spekulieren sie drauf dass so mehr Leute die Meldung mitbekommen und bei Öffnung der Kurs hochgekauft wird?
Allerdings Canada ist ja offen . Wie auch immer, wird Zeit dass die jetzt mal ausm Quark kommen

Zitat von warum

Sehr schön ... gerade auch der Oberflächennahe Start der Mineralisierung mit zudem steigendenen Grades in die Tiefe ... und natürlich der stetige Newsflow und die strukturierte Erweiterung der Ressourcen ...

Ja, aber leider lässt das den Kurs bis jetzt alles komplett unbeeindruckt... warum?
...auch schon ein drittel im Minus mit der Krücke

ValOre Drills 127 m of 0.85 g/t 2PGE+Au from 39 m and 53 m of 1.19 g/t 2PGE+Au from 2.0 m, Santo Amaro Target, Pedra Branca
November 24, 2021

Vancouver, B.C. ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today reported diamond drilling assay results from the Santo Amaro target at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil.
“2021 drilling at Santo Amaro was a great success, with significant shallow PGE intercepts returned in 16 of 20 holes,” stated ValOre’s VP of Exploration, Colin Smith. “The 127-metre PGE intercept in drill hole DD21SA27, situated 95 metres outside of the resource to the east-southeast, demonstrates the impressive upside potential of this underexplored target area.”
Key Updates on 2021 Santo Amaro Core Drilling:

• 20 holes drilled totaling 2,316 metres (“m”), with a primary focus of resource expansion;
• All 20 completed holes intercepted the target ultramafic (“UM”) intrusion, with assays received in full, and notable PGE intercepts returned in 16 of 20 core holes;
• Newly received near surface PGE interval highlights include:
  
  
  • 127 m at 0.85 grams per tonne palladium + platinum + gold (“g/t 2PGE+Au”) from 39 m, incl. 27 m at 2.25 g/t 2PGE+Au from 55 m in drill hole DD21SA42
  • 53 m at 1.19 g/t 2PGE+Au from 2.0 m, incl. 20 m at 2.13 g/t 2PGE+Au from 29 m in drill hole DD21SA34
  • 22 m at 2.64 g/t 2PGE+Au from 18 m, incl. 6.0 m at 5.32 g/t 2PGE+Au from 29 m in drill hole DD21SA37
  • 20 m at 1.67 g/t 2PGE+Au from 40 m in drill hole DD21SA33;

  
  

• Drill-confirmed PGE mineralization along the trend has increased in strike length from 215 m to over 600 m;
• Continuity of geology and PGE grade has been established between Northwest Target (“NW”) and resource area, with 8 positive NW drill holes spaced ~60-90 m apart;
• Broad trends of near-surface PGE mineralization remain largely open.

*Reported core assay interval lengths are estimated to represent 80-100% true width

Santo Amaro Target and the 2019 Mineral Resource Domain
Santo Amaro is one of five currently defined PGE deposit areas at Pedra Branca, which together host an inferred resource totalling 1,067,000 ounces (“oz”) of 2PGE+Au contained in 27.2 million tonnes (“Mt”) grading 1.22 g/t 2PGE+Au. Summary Table of the 2019 Inferred Resource and Pedra Branca Resource Estimate NI 43-101 Technical Report, May 2019.
The 2019 Santo Amaro mineral resource was defined by 5 pre-ValOre drill holes spaced 45-60 m apart, along a collective geological trend of 215 m, which together comprise an inferred resource of 203,000 oz at 1.19 g/t 2PGE+Au in 5.3 Mt. To improve geological constraint for the next resource re-estimation, 10 scissor holes were drilled in 2021 from 5 pads (2 holes per pad) to the north of the resource holes, with each pad having 1 vertical hole (-90° dip) and 1 angled hole to the south (-50° dip).
Shallow, well-mineralized intercepts have been returned for all 10 holes, establishing strong geology and PGE grade continuity of the resource area. Highlight PGE intercepts include: 36 m at 2.22 g/t 2PGE+Au from 43 m, incl. 9.1 m at 6.38 g/t 2PGE+Au from 43 m in drill hole DD21SA30, and 53 m at 1.19 g/t 2PGE+Au from 2.0 m, incl. 20 m at 2.13 g/t 2PGE+Au from 29 m in drill hole DD21SA34. See Table 1 below for a summary of significant drill core assays, and Figure 1 below for a plan map of Santo Amaro drilling.
Resource Expansion Potential Along Strike
The easterly resource strike extension exhibits a thickening of the mineralized package and was subsequently targeted with 3 holes in 2021. All three holes intercepted broad intervals of target UMs along trend from the existing resource, including highlight drill hole DD21SA42, which returned 127 m at 0.85 g/t 2PGE+Au from 39 m, including 27 m at 2.25 g/t 2PGE+Au from 55 m. See Table 1 below for a summary of significant drill core assays, and Figure 2 below for a cross section of DD21SA42.
The resource strike potential also remains open to the west and northwest, as evidenced by western-most 2020 drill hole DD20SA23, which returned 20 m at 0.98 g/t 2PGE+Au from surface (CLICK HERE for news release dated January 15, 2021), and 2021 drill hole DD21SA37, situated 220 m to the northwest (NW Target), which returned 22 m at 2.64 g/t 2PGE+Au from 18 m.
Northwest Target Area
The NW Target represents an emerging shallow PGE body approximately 250 m north-northwest of the resource area, targeted with 6 holes totaling 729 m in 2021, with the goal of incorporating the zone into a future inferred resource estimate. All 6 holes intercepted the target shallow UM intrusion, with 4 holes returning significant near-surface PGE intercepts, building strong geological continuity between the 200 m by 300 m zone, and the resource area (250 m to the south-southeast). Highlight drill hole DD21SA37 returned 22 m at 2.64 g/t 2PGE+Au from 18 m, incl. 6.0 m at 5.32 g/t 2PGE+Au from 29 m. See Table 1 below for a summary of significant drill core assays...

Surge Copper Intersects 422 metres of 0.52% CuEq including 200 metres of 0.60% CuEq at West Seel and Provides Update on Resource Estimate

November 24, 2021, Vancouver, British Columbia – Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce complete assay results for hole S21-268 from the Company’s 100% owned Ootsa Property in British Columbia, and an update on the Company’s ongoing resource update for the Ootsa Property. The Company previously released the results for the top portion of hole S21-268 (see October 12, 2021 Press Release).
Highlights

• Hole S21-268 intersected 422 metres grading 0.52% copper equivalent from 20 metres downhole depth, including 200 metres grading 0.60% copper equivalent
• This includes a zone of higher grade mineralization returning 0.69% copper equivalent over 76 metres from 324 metres depth

Complete assay results have been received for hole S21-268 with significant results summarized in the table below (including the previously reported top portion of the hole). Hole S21-268 was collared toward the southern end of the approximately 500 metre zone where mineralization at West Seel comes to bedrock surface, and intercepted a broad zone of strong continuous mineralization. A drill hole plan map and cross section are included below.
Exploration hole S21-271 tested a chargeability high located to the south of the West Seel deposit and encountered a pyrite halo with no significant intervals of mineralization. These are the final results from the infill and expansion drilling program targeting the main East and West Seel porphyry deposits at the Ootsa Property which will be used to conduct an updated resource estimate for the Ootsa Property. Thus far, following this news release, results from 26 holes from the Company’s 2021 Ootsa summer drilling program have been released, with results pending from 46 additional holes testing exploration targets in the near vicinity of the Seel and Ox deposits, including the Seel Breccia Zone. An additional nine core holes are also pending from the Company’s 2021 Berg drill program.

Figure 1. Plan map of drill hole locations for 2021 Ootsa summer and fall drill program.

Summary of Assay Results for Selected Holes

1. Width refers to drill hole intercepts; true widths have not been determined.

2. CuEq (copper equivalent) has been used to express the combined value of copper, gold, molybdenum, and silver as a percentage of copper, and is provided for illustrative purposes only and to provide ease of comparison. No allowances have been made for recovery losses that may occur should mining eventually result. Calculations use metal prices of US$3.00/lb copper, US$1,800/oz gold, US$10/lb molybdenum, and US$22/oz silver, using the formula CuEq % = Cu % + (Au g/t x 0.875) + (Mo % x 3.33) + (Ag g/t x 0.0107).
* Previously reported on October 12, 2021.

Figure 2. West Seel cross section C-C’ showing results for holes S21-228, 231, 233, 239, 256, and S21-268. See Figure 1 for section location.

Resource Estimate Update
The Company has engaged Advantage Geoservices Limited to conduct a mineral resource estimate in accordance with National Instrument 43-101. The resource estimate will include the East Seel, West Seel, and Ox porphyry deposits, and will include all relevant resource drilling completed during the 2018, 2020, and 2021 core drilling programs. The estimation process is well underway, and the Company will provide further updates as the process is nearing completion.
Upcoming Catalysts and Marketing Events
The Company anticipates updating the market on results from the following activities:

• Drill results from 46 remaining drill holes from 2021 Ootsa drill program
• Drill results from 9 drill holes from 2021 Berg drill program
• Resource update for the Ootsa project
• Inversion and targeting results from regional airborne geophysics, and update on regional exploration pipeline

The Company also announces its participation in the following upcoming investor conferences:

• Mines and Money London, December 1-2
• Vancouver Resource Investment Conference (VRIC), January 16-17
• AME Roundup, January 31 – February 3

Quality Control
All drill core is logged, photographed, and cut in half with a diamond saw. Half of the core is bagged and sent to ALS Geochemistry in Kamloops, British Columbia for analysis (which is ISO/IEC 17025 accredited), while the other half is archived and stored on site for verification and reference purposes. Gold is assayed using a 30g fire assay method and 33 additional elements are analyzed by Induced Coupled Plasma (ICP) utilizing a 4-acid digestion. Duplicate samples, blanks, and certified standards are included with every sample batch and then checked to ensure proper quality assurance and quality control.
Qualified Person
Dr. Shane Ebert P.Geo., is the Qualified Person for the Ootsa and Berg projects as defined by National Instrument 43-101 and has approved the technical disclosure contained in this news release.
About Surge Copper Corp.
The Company owns a 100% interest in the Ootsa Property, an advanced stage exploration project containing the East Seel, West Seel and Ox porphyry deposits located adjacent to the open pit Huckleberry Copper Mine, owned by Imperial Metals. The Ootsa Property contains pit constrained NI 43-101 compliant resources of copper, gold, molybdenum, and silver in the Measured and Indicated categories.
The Company is also earning into a 70% interest in the Berg Property from Centerra Gold. Berg is a large, advanced stage exploration project located 28 km northwest of the Ootsa deposits. Berg contains pit constrained 43-101 compliant resources of copper, molybdenum, and silver in the Measured and Indicated categories. Combined, the adjacent Ootsa and Berg properties give Surge a dominant land position in the Ootsa-Huckleberry-Berg district and control over four advanced porphyry deposits.

Goldmining Reports Additional Infill Core Sampling at São Jorge Including Mineralized Saprolite at Surface...

Canada Silver Cobalt Intersects Massive Sulphides with XRF Results up to 2.79% Nickel and 25.68% Copper at Graal Property in Northern Quebec

[Blockierte Grafik: https://www.thenewswire.com/data/tnw/clients/logos/1BglFqVnZ.png]

[Blockierte Grafik: https://www.thenewswire.com/data/tnw/img/facebook.png][Blockierte Grafik: https://www.thenewswire.com/data/tnw/img/twitter.png][Blockierte Grafik: https://www.thenewswire.com/data/tnw/img/linkedIn.png]XRF results confirm the existence of strong nickel and copper mineralization which complements the Company’s battery metals portfolio.
Coquitlam, BC - TheNewswire - November 24, 2021 - Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce that it has intercepted massive sulphides containing nickel and copper at its Graal property in the Lac St-Jean region of Quebec. The mineralization has been verified with a handheld XRF device with point data taken on the sulphides ranging up to 2.79% Ni and 25.68% Cu.
The XRF results confirm the existence of strong nickel-copper-sulphide mineralization that corresponds to the Bouguer anomaly identified using airborne gravity geophysical survey conducted earlier this year. Drilling to follow up this newly discovered mineralization is underway. The samples were sent to ALS labs located in Val d’Or for sample preparation and will be forwarded to a separate lab for a four-acid digest multi-element suite including nickel and copper as well as a fire assay for platinum and palladium.
The ongoing drill program has now been increased from 3000 to 5000 meters and is part of the Company’s early-stage exploration activities in northern Québec where it is evaluating 15 properties on 689 claims covering 38,129.4 hectares that are prospective for battery metals such as nickel, copper, and cobalt (See February 16, April 21, July 22, and November 15, 2021 news releases). The drill program is currently being managed by Laurentia Exploration in association with GoldMinds Geoservices Inc.
Frank J. Basa, P.Eng., President and CEO commented, “These are excellent XRF results for this early-stage drill program in Northern Quebec and complement our cobalt and nickel results from the ground held in the Cobalt/Gowganda camp in Northern Ontario. Both districts are in low-risk jurisdictions to supply battery metals into the emerging North American battery market. This will position the recently announced Coniagas Battery Metals spinout with primary feed for our proprietary Re-2Ox processing technology for the production of battery metals.”.
"I believe this is a turning point for Canada Silver Cobalt Works as an exploration company. These preliminary XRF results are extremely encouraging and while the assays are still pending, it fortifies our interest in the area. As we continue to expand our operations, it is important that we maintain a healthy pipeline of high-potential targets that pertain to our long-term strategic vision. Continuing to build successful relationships is also key to this success, much like the recently acquired Chute-des-Passes claims that are adjacent to our Graal property,” says Matt Halliday, President, COO and VP Exploration.
[Blockierte Grafik: https://www.thenewswire.com/data/tnw/clients/img/69c2529f1fbc014f34d643d3a067cbd7_.png]
Figure 1: Map of Property, Claims, Drill Holes, and Sulphide Intercept Locations.
[Blockierte Grafik: https://www.thenewswire.com/data/tnw/clients/img/ec4c1123d898c0cbed925646dddf33fb_.png]
Figure 2: Core Photo of NRC-21-02 and Location of XRF Point Data
[Blockierte Grafik: https://www.thenewswire.com/data/tnw/clients/img/66e876b9d6e8fda72d6e878bc83788e2_.png]
Figure 3: Core Photo of NRC-21-03 and Location of XRF Point Data
[Blockierte Grafik: https://www.thenewswire.com/data/tnw/clients/img/cd906badf18c88d7c50816e54eb43142_.png]

About Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. This discovery has the highest silver resource grade in the world, with recent drill intercepts of up to 89,853 grams/tonne silver (2,621 oz/ton Ag). A drill program is underway to expand the size of the deposit with an update to the resource estimate scheduled for Q1 2022.

In May 2020, based on a small initial drill program, the Company published the region’s first 43-101 resource estimate that contained a total of 7.56 million ounces of silver in Inferred resources, comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately 400 meters. Note that mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020, and a signature date of July 13, 2020.

Canada Silver Cobalt’s flagship silver-cobalt Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space. More information at http://www.canadasilvercobaltworks.com.

Zitat von elefant_111

Minehunter: bin auf das eingesetzte Eigenkapital schon im Plus - aber die extremen Bewegungen der letzten beiden Jahre haben an diesem Gewinn leider gewaltig gezehrt....

Ah, Ok. Bei mir war 2019 (+23,6) und 2020 (+43,7) ganz OK... jetzt kommt es auf den Dezember an wie es dieses Jahr aussieht Nur auf 2021 gesehen gerade bei +-0 (+1,6%)

Jeremy Martin, Chief Executive Officer of Horizonte, commented:

“We are delighted to announce the Proposed Funding Package which, subject to satisfaction of the conditions and successful completion of the Placing, is expected to fully fund Araguaia into production. This represents a significant milestone in the Company’s journey to become a major nickel producer and will enable Horizonte to capitalise on the significant projected growth in nickel demand.
We are delighted to welcome La Mancha and Orion as new and existing, respectively, strategic investors and shareholders in Horizonte, and also grateful for the continued support of Glencore who, in addition to their proposed cornerstone subscription, have also extended their relationship with Horizonte by agreeing to enter into the Offtake Agreement. La Mancha and Orion have long track records of creating sustainable shareholder value in the mining sector and their previous investments highlight their ability to identify compelling growth opportunities at an early stage.
We are aiming to become a leading nickel producer. We believe the terms of the financing package and calibre of the lenders and strategic investors we have attracted is a testament to the strong project fundamentals offered by Araguaia. The proposed investments from La Mancha, Orion and Glencore, alongside the Proposed Senior Debt Facility from a syndicate of leading international financial institutions, provides strong endorsement of our broader corporate strategy. We would like to thank all parties involved in enabling Horizonte to secure this comprehensive funding package.”
Philip Clegg, Portfolio Manager of Orion, commented:
“Orion is extremely pleased to cornerstone Horizonte’s latest fundraising with a total commitment of US$150 million. Subsequent to our US$25 million royalty investment in 2019, this is our second deal with the Company and demonstrates our confidence in and support of Horizonte’s quality projects and management team. We look forward to furthering our partnership with Horizonte as Araguaia is built and Vermelho advances to construction.”
Karim Nasr, Chief Executive of La Mancha, commented:
“Our investment in Horizonte represents La Mancha’s first direct investment into the base and EV metals space. Throughout our extensive diligence, we were impressed not only by the quality of the assets, but also by the team and the very high standard of work carried out to date. La Mancha was attracted to the organic growth potential, coupled with the longer-term nickel product optionality to sustainably supply both the stainless steel and battery markets. We are honoured to be able to support Horizonte’s team and look forward to the journey toward becoming a globally significant and responsible nickel producer.”

Horizonte Announces Proposed US$633 Million Funding Package to Fully Fund Araguaia into Production


Horizonte (AIM: HZM, TSX: HZM), announces that it has entered into certain investment and subscription agreements as part of a comprehensive funding package of US$633 million which is expected to complete the funding required for the construction of Araguaia. The Proposed Funding Package comprises:
Approximately US$197 Million equity fundraise: The equity fundraise consists of (i) strategic investments of between approximately US$65.0 and US$75.0 million from La Mancha and US$50.0 million from Orion in newly issued Ordinary Shares; and (ii) the placing of approximately US$75 million of newly issued Ordinary Shares by way of the UK Placing and the Canadian Offering. In addition to the Equity Fundraise, the Company has agreed a cornerstone subscription with Glencore of US$7 million in newly issued Ordinary Shares. Details of the Strategic Investments and the Glencore Subscription are set out below; additional details on the Placing will be found in the separate announcements by the Company to be released immediately after this Announcement.
US$65 Million Convertible Loan Notes Issue (“Convertible Notes”): As part of their Strategic Investments, Orion and La Mancha have conditionally agreed to subscribe for US$50 million and US$15 million of Convertible Notes respectively. Further details on the Convertible Notes can be found below.
US$25 Million Cost Overrun Debt Facility (“Proposed Cost Overrun Debt Facility”): Orion is proposing that a member of its group provides the Proposed Cost Overrun Debt Facility to be used, if required, for the construction of Araguaia. The Proposed Cost Overrun Debt Facility is subject amongst other things on definitive documentation and would form part of a total of US$99 million in dedicated cost overrun funding and contingency funding for the Project. Further details on the Proposed Cost Overrun Debt Facility can be found below.
US$346.2 Million Proposed Senior Debt Facility (“Proposed Senior Debt Facility”): As previously announced, Horizonte has received credit approvals and a signed commitment letter for US$346.2 million of senior debt from a syndicate of international financial institutions (BNP Paribas, BNP Paribas Fortis, ING Capital LLC, ING Bank N.V., Natixis, New York Branch, Société Générale and Swedish Export Credit Corporation). The Proposed Senior Debt Facility which is subject amongst other things to diligence and agreeing definitive documents will comprise two tranches: Tranche A, of US$146.2 million, will be guaranteed by two Export Credit Agencies (EKF, Denmark’s Export Credit Agency (“EKF”), and Finnvera plc, Finland’s Export Credit Agency (“Finnvera”)); and Tranche B of US$200 million. Further details of the Proposed Senior Debt Facility can be found in the Company’s announcements dated 13 September 2021 and 30 September 2021.

The Company also intends to raise up to US$8 million (approximately £6 million) by way of an open offer to holders of existing ordinary shares. Further details will be found in the announcement to be released immediately after this announcement.
Completion of the Placing and the Strategic Investments are conditional upon each other (as further described below) and are not conditional upon the completion of other parts of the Proposed Funding Package, and the Placing and Strategic Investments are expected to become unconditional on admission to trading of the Ordinary Shares to be issued pursuant to them. The issue and allotment of the securities to be issued in connection with Proposed Funding Package is conditional upon, among other things, the passing of resolutions by the Company’s shareholders at the General Meeting. The Company is proposing to convene the General Meeting for on or around 20 December 2021 to seek such approvals. Further details of the General Meeting will be announced in due course.
Horizonte is also pleased to announce that Araguaia Niquel Metais Ltda (“Araguaia Ltda”), a member of the Company’s group has entered into a conditional ten year offtake agreement with Glencore (with the obligations of Araguaia Ltda being guaranteed by the Company), where Glencore has committed to acquire 100% of the production of ferronickel from Araguaia for that period (“Offtake Agreement”). The entry into the Offtake Agreement is a key requirement of the Lenders and significantly de-risks future cash flows from the Project. The Offtake Agreement is conditional upon, among other things, the completion of the Glencore Subscription and the entry by Glencore into a direct agreement with the Lenders in relation to typical intercreditor matters.
In addition to its participation in the proposed Equity Fundraise, Convertible Notes and the provision of the Proposed Cost Overrun Debt Facility, an affiliate of Orion will also purchase a 2.1% gross revenue royalty on the Vermelho project (the “Vermelho Royalty”) for cash consideration to the Company of US$25 million. The net proceeds from the sale of this royalty will be used to advance a feasibility study and permitting work streams on the Vermelho project.
BMO Capital Markets Limited is acting as exclusive financial advisor to the Company in relation to the La Mancha Strategic Investment and Endeavour Financial is acting as exclusive financial advisor to the Company in relation to the investments being made by Orion and the Proposed Senior Debt Facility. Norton Rose Fulbright LLP has acted as legal counsel to the Company in respect of these investments and facilities.
Highlights
The net proceeds of the Proposed Funding Package will be used towards the construction of the Araguaia, as well as for general working capital purposes.
Araguaia is a high grade, low cost, long life asset located south of the Carajas Mining District, north east Brazil. The feasibility study disclosed in the Araguaia Technical Report demonstrates robust economics with the Stage 1 process plant producing 14,000 tonnes of nickel per year and generating a Post-tax IRR of 28.1%; Post-tax NPV(8%) of US$740 million; a Payback Period of approximately 3 years; and Net Cashflow of US$2.582bn, based on a market consensus nickel price of US$16,800 per tonne (see the Araguaia Technical Report) and in each case based upon the various assumptions set out in the Araguaia Technical Report. The spot nickel price is currently US$19,625 per tonne.
Development of Araguaia will provide the Company with a platform for growth in an established mining region, with potential to become a significant nickel producer of scale through the potential future development of a second production line at Araguaia and second potential operation with the Vermelho Project.
The Company has a second 100% owned project, the Vermelho Nickel Cobalt project which is being advanced towards feasibility stage with the final products targeted for the EV battery market. This project is expected to produce ~24kt Nickel pa and ~1.25kt Cobalt pa with low capital intensity of US$27kt/t and a long mine life of 38 years at an NPV(8%) of US$1.7 billion (see the Vermelho Technical Report).
There is a strong long-term outlook for the nickel market driven by acceleration of demand from the EV battery sector which, combined with continued robust growth in stainless steel demand has led to Nickel price increasing by 24% in the last 12 months. Global demand is expected to reach 3.9Mt in 2030, an increase of 1.6x compared to 2020 and projected demand growth of 5% per annum[1]

Elefant, nur so aus Interesse, seit wann bist du dabei mit deinem aktuellen Depot?

Canada Silver Cobalt Works: Advancing High-Grade Silver Project in Canada Towards Updated Resource

Interview with President & CEO Matthew Halliday at the virtual Precious Metals Summit Europe 2021

Canada Silver Cobalt Works has one of the highest grade silver resources in the world and is currently drilling 60,000 meters to increase the resource. This is expected in the first quarter of 2022. In addition to silver, there is also a small amount of cobalt. The company is already starting the initial processes to develop the project.TSX-V:CCWFrankfurt:4T9B WKN:A2JEX7http://www.canadasilvercobaltworks.com

Ja, war mehr eine Rhetorische Frage

Die Frage ist doch wo läuft es überhaupt noch vernünftig und halbwegs normal ab?
Ich befürchte dank der globalen Agenda so gut wie nirgends mehr.
Müsste vermutlich ein kleiner in jeglicher Beziehung unbedeutender Staat sein der auch von keinen internationalen Hilfsprogrammen/Geldern usw. abhängig ist und sich trotzdem in jeder Beziehung selbst versorgen kann.

Hab jetzt anstatt Carbon Streaming doch erstmal die von @Sorgenfrei genannte Zimtu Capital Corp. (ZC.V)
gekauft, da sie echt krass unterbewertet sind und sehr interessante Beteiligungen haben.

Die habe ich bei der Durchsicht von Popeyes Thread irgendwie nicht erfasst .
Danke nochmal Popeye und Sorgenfrei für diesen Fund

Und schaut dazu mal in Sorgenfrei`s Thread "Investmentfirmen mit Edelmetallbezug" ist sehr Interessant!

Grüße
Minehunter

Zitat von Sorgenfrei

der Dank für den Tip gilt eigentlich Popeye, er hat Zimtu hier zuerst erwähnt.

Ja, Popeye hat hier wirklich ne Menge Super Werte reingebracht

Wen es interessiert, ich habe hier im ersten Beitrag des Threads
Aktien... * Diversifikation... * Diskussion... * Für Alle zum mitmachen ! :-)

alle von Popeye genannten Werte zusammengefasst. Schaut mal rein bei Interesse

Und wenn jemand selbst auch gute Sachen weiß oder sonst was schreiben will, haut es einfach da rein

Grüße
Minehunter

Zitat von Sorgenfrei

ZIMTU - die heisseste Aktie im Rohstoffbereich!

Eigentlich wollte ich heute "Carbon Streaming" kaufen, aber nachdem ich einges verschlankt und auch etwas komplett verkauft hab, hab ich mir gerade ne Portion

Zimtu Capital (ZC.V) geholt...
keine Ahnung warum, aber irgendwie mag ich so kleine Dinger (MK: 3,78 Millionen), besonders wenn Sie laut ihren Beteiligungen mehr als 3 mal so viel Wert sind.

Danke für den Tipp Sorgenfrei