Beiträge von Sorgenfrei

  • Royalty Companies

    Summit Royalties Announces Appointment of Jerrold Annett as Chairman; Trading to Commence on Venture Exchange; Other Corporate Updates

    TORONTO, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Summit Royalties Ltd. (TSXV: SUM) (the "Corporation" or "Summit Royalties") is pleased to announce corporate updates in connection with the recently completed go-public transaction by way of a reverse takeover (the "RTO").

    Commencement of Trading on the TSX Venture Exchange

    In connection with the closing of the RTO and further to its news release on November 5, 2025 (titled "Summit Royalties Completes Go-Public Transaction"), the common shares of the Corporation (the "Common Shares") are scheduled to commence trading on the TSX Venture Exchange (the "Exchange") at market open on Monday, November 10, 2025, under the symbol "SUM".

    Summit Royalties Announces Appointment of Jerrold Annett as Chairman; Trading to Commence on Venture Exchange; Other Corporate Updates, by @GlobeNewswire
    TORONTO, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Summit Royalties Ltd. (TSXV: SUM) (the "Corporation" or "Summit Royalties") is pleased to…
    ceo.ca

  • Cerro de Pasco Res./ CDPR, CPPRF (TSX, OTC)

    Cerro de Pasco Resources Announces Closing of $22.7 Million in Combined LIFE and Non-Brokered Private Placements, Including Participation by Eric Sprott

    Guy Goulet, Chief Executive Officer of Cerro de Pasco Resources, commented: “With the completion of this financing, Cerro de Pasco is in a stronger financial position to advance the Quiulacocha Project through the full feasibility stage and toward pre-construction readiness. Our immediate focus is on executing the technical, environmental, and engineering programs that will define the project’s design and secure the highest standards of performance and sustainability. This additional capital reinforces our commitment to transforming the historic Cerro de Pasco district into a model of responsible resource development and long-term value creation.”

    The Corporation is also pleased to report that Mr. Eric Sprott, through 2176423 Ontario Ltd., participated in the Offering for 8,333,333 Units, representing an investment of approximately $4,000,000. Mr. Sprott has participated in each of Cerro de Pasco’s offerings since becoming a significant shareholder and insider.



    CEO | Mobile Investment Conference
    ceo.ca

  • Discovery Silver / DSV (TSX)

    Discovery Announces Positive Drilling Results from All Operations at Porcupine Complex


    Key Highlights

    Excellent results from resource conversion and expansion drilling2

    • Hoyle Pond3: Multiple high-grade intercepts near lower limits of S Zone
      • 23.95 gpt over 7.1m
      • 9.88 gpt over 11.5m
      • 86.09 gpt over 2.1m, including 360.00 gpt over 0.5m
      • 150.00 gpt over 3.1m, including 302.00 gpt over 0.4m
      • 35.98 gpt over 2.9m; and 11.65 gpt over 2.8m
    • Borden3: High-grade intersections along strike to northeast of Main Zone
      • 11.48 gpt over 5.2m, including 15.49 gpt over 3.2m
      • 9.41 gpt over 12.6m, including 19.29 gpt over 5.2m
      • 15.61 gpt over 6.0m
      • 13.88 gpt over 6.9m, including 18.99 gpt over 4.8m
    • Pamour4: Excellent drill results within and along strike of current resources in all three phases of pit design, including several holes with multiple intercepts
      • Multiple intercepts:

    1.44 gpt over 104.6m, 1.07 gpt over 54.5m

    2.03 gpt over 25.8m, 2.18 gpt over 20.5m, 1.20 gpt over 37.8m

    3.42 gpt over 19.9m, 1.47 gpt over 57.6m

    1.85 gpt over 34.6m, 1.35 gpt over 15.5m

      • Single intercepts:

    48.82 gpt over 5.0m; 3.40 gpt over 39.8m;1.51 gpt over 38.3m;1.78 gpt

    over 39.4m; 1.51 gpt over 34.2m; 1.40 gpt over 44.9m; 0.96 gpt over

    86.6m; 1.32 gpt over 40.9m; 1.30 gpt over 27.3m

    Multiple high-grade intersections at Owl Creek4 in close proximity to Hoyle Pond

      • 4.08 gpt over 16.2m, including 9.81 gpt over 3.9m
      • 4.14 gpt over 17.5m, including 6.48 over 10.0m
      • 5.58 gpt over 5.2m, including 17.63 gpt over 1.1m
      • 5.39 gpt over 11.0m
      • 5.59 gpt over 6.0m

    Discovery Announces Positive Drilling Results from All Operations at Porcupine Complex, by @GlobeNewswire
    TORONTO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF)  (“Discovery” or the “Company”)…
    ceo.ca

  • Royal Gold Inc. / RGLD (NAS)

    Royal Gold Reports Strong Financial Results with Record Revenue and Cash Flow for the Third Quarter of 2025


    Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold,” the “Company,” “we,” “us,” or “our”) reports net income of $126.8 million, or $1.92 per share, for the quarter ended September 30, 2025 ("third quarter"), on revenue of $252.1 million and operating cash flow of $174.0 million. Adjusted net income1 was a record $136.2 million, or $2.06 per share.

    Third Quarter 2025 Highlights:

    • Records for revenue of $252.1 million and operating cash flow of $174.0 million, and strong earnings of $126.8 million
    • Revenue split: 78% gold, 12% silver, 7% copper
    • Sales volume of 72,900 GEOs2
    • Adjusted EBITDA margin1 of 82%
    • Drew $825 million on revolving credit facility and repaid $50 million
    • Paid quarterly dividend of $0.45 per share, a 12.5% increase over the prior year period
    • Acquired gold stream on the Kansanshi mine

    Post Quarter Events:

    • Closed acquisitions of Sandstorm Gold and Horizon Copper
    • 11,111 ounces of gold received for Mount Milligan Cost Support Agreement

    “Royal Gold reported another very solid quarter and we achieved record revenue and cash flow,” commented Bill Heissenbuttel, President and CEO of Royal Gold. "Our portfolio performed very well and allowed us to take full advantage of the materially higher gold and silver prices in the quarter, and the record gold price directly benefited our results."

    “In addition to the strong financial performance, over the last few months we have significantly enhanced the scale, duration and diversification of our portfolio," continued Mr. Heissenbuttel. "Our underlying business continues to produce excellent results, we have seen meaningful value additions from the Mount Milligan mine life extension and Fourmile exploration success, we have acquired the large and long life Kansanshi stream, and have added further scale, diversification and growth with the Sandstorm and Horizon portfolios. We will work hard over the coming months to ensure that the market understands and appreciates the cash flow, growth potential and gold leverage of our expanded business."

    Royal Gold Reports Strong Financial Results with Record Revenue and Cash Flow for the Third Quarter of 2025, by @businesswire
    Royal Gold Reports Strong Financial Results with Record Revenue and Cash Flow for the Third Quarter of 2025' by @businesswire
    ceo.ca

  • Osisko Royalities / OR (TSX, NYS)

    OR Royalties Reports Q3 2025 Results

    • 20,326 gold equivalent ounces (“GEOs1”) earned (18,408 GEOs in Q3 20242);
    • Revenues from royalties and streams of $71.6 million ($42.0 million in Q3 2024);
    • Cash flows generated by operating activities of $64.6 million ($34.6 million in Q3 2024);
    • Cash margin3 of $69.3 million or 96.7% ($40.4 million or 96.3% in Q3 2024);
    • Net earnings of $82.8 million, $0.44 per basic share ($13.4 million, $0.07 per basic share in Q3 2024);
    • Adjusted earnings3 of $42.3 million, $0.22 per basic share ($21.2 million, $0.11 per basic share in Q3 2024);
    • Debt free as result of full repayment of the revolving credit facility (repayments of $35.4 million in the third quarter of 2025);
    • Cash balance of $57.0 million as at September 30, 2025;
    • Payment of an additional C$5.0 million to Sable Resources Ltd. related to a discovery milestone associated with TDG Gold Corp.’s AuWest target in northern British Columbia;
    • Second payment of $10.0 million on the Cascabel gold stream made by OR Royalties International Ltd. (“OR Royalties International”), a subsidiary of the Company; and,
    • Declaration of a quarterly dividend of $0.055 per common share paid on October 15, 2025 to shareholders of record as of the close of business on September 30, 2025.

    Subsequent to September 30, 2025

    • Receipt of $49.0 million from Harmony Gold Mining Co Ltd. (“Harmony”) for shares held by OR Royalties International upon closing of Harmony’s transaction to acquire MAC Copper Limited (4,000,000 shares at $12.25 per share); and,
    • Declaration of a quarterly dividend of $0.055 per common share payable on January 15, 2026 to shareholders of record as of the close of business on December 31, 2025.

    Management Commentary

    Jason Attew, President & CEO of OR Royalties commented: “The strength of our third quarter cash flows has enabled us to pay off the remaining balance of our revolving credit facility. We are debt free for the first time in 10+ years. With an aggregate liquidity profile of approximately one billion dollars, we remain hard at work in our disciplined pursuit of additional accretive growth opportunities.

    Looking across our portfolio, we’re excited to have had the Dalgaranga Integration Study released by Ramelius Resources, which now calls for first gold production in early calendar 2026, and also for Dalgaranga to play an integral role in Ramelius’ path towards becoming a 500,000 ounces gold producer over the next five years. Also in Australia, we couldn’t be more pleased to now officially count Harmony Gold as our newest operating partner at the CSA mine, with Harmony’s acquisition of MAC Copper having now closed. Needless to say, we are very excited to see how Harmony plans to further optimize the mine going forward. In terms of what we’re expecting as key portfolio catalysts due before year-end, we’ll be watching for Orla Mining’s Updated Feasibility Study for South Railroad as well as updates from both Osisko Development and Solidus Resources as it relates to plans for near-term mine construction activities at Cariboo and Spring Valley, respectively. Shortly after that, and now pushed into early next year, we’re expecting Alamos Gold’s Island Gold District Expansion Study.”


    OR Royalties Reports Q3 2025 Results | OR Royalties Inc
    Download in pdf Record Quarterly Revenues and an 87% Year-Over-Year  Increase in Cash Flows from Operating Activities to $64.6 Million MONTRÉAL, Nov. 05, 2025…
    orroyalties.com

  • Erdgas

    TENAZ ENERGY CORP. ANNOUNCES Q3 2025 RESULTS
    CALGARY, ALBERTA--(Newsfile Corp. - November 5, 2025) - Tenaz Energy Corp. ("Tenaz", "We", "Our", "Us" or the "Company") (TSX: TNZ) is pleased...
    www.newsfilecorp.com


    HIGHLIGHTS

    Third Quarter Operating and Financial Results

    • Production volumes averaged 11,832 boe/d(1) in Q3 2025, up 48% from Q2 2025, reflecting a full quarter of production from Tenaz Energy Netherlands ("TEN"). In the Netherlands, results from both TEN and our legacy non-operated assets were in line with expectations. Canadian production was up modestly, reaching a record level.
    • Funds flow from operations(2) ("FFO") for the third quarter was $40.2 million ($1.42/share(2)) as compared to $17.2 million ($0.61/share) in Q2 2025. This increase was driven by a full quarter contribution from TEN, which contributed approximately $36.4 million to FFO, partially offset by $2.9 million of residual transaction costs from the TEN acquisition.
    • Operating netback improved to $49.08/boe in Q3 2025, up 62% from the year-earlier period, driven by higher margins from the TEN assets.
    • Net income for Q3 2025 was $24.8 million ($0.87/share), as compared to a loss of $2.5 million ($0.09/share) in Q3 2024. The increase in net income was due to the income contribution from TEN, partially offset by increased interest expense for the senior unsecured notes placed in November 2024.
    • Tenaz ended Q3 2025 with a net debt position of $55.0 million, as compared to $100.2 million at the end of Q2 2025, driven primarily by free cash flow and, to a lesser extent, a reduction in estimated contingent earn-out consideration.

    Corporate Updates

    • On October 6, 2025, we announced the signing and closing of the acquisition of all of the issued and outstanding shares of Hansa Hydrocarbons Limited (the “GEMS Acquisition”), with interests in the Gateway to the Ems (“GEMS”) project in the Dutch and German sectors of the North Sea. Production and cash flow will begin to contribute to Tenaz’s results in Q4 2025.
    • Concurrent with the GEMS Acquisition, we announced the closing of an additional issuance under the November 2024 Senior Unsecured Notes with gross proceeds of $178.9 million. In addition, we announced a new credit facility with a commitment amount of $115 million.
    • Also concurrent with the GEMS Acquisition, production guidance for 2025 was increased to a range of 9,500 to 10,000 boe/d, which reflects contributions from TEN and GEMS after the closing dates of both acquisitions. Our current production rate exceeds 16,000 boe/d, nearly a five-fold increase from this time last year.
    • Drilling and development capital expenditure (“D&D CAPEX”) guidance was revised to a range of $100 to $110 million. Capital activity has increased significantly in Q4 2025 with the arrival of a workover barge at TEN and the expected start-up of offshore drilling rigs at TEN, GEMS, and our legacy non-operated Netherlands assets. By early 2026, we expect three offshore rigs and one onshore rig to be active on Tenaz assets in the Dutch North Sea and in Canada, respectively.
    • In February 2025, we renewed our Normal Course Issuer Bid (“NCIB”) with approval to purchase up to 2.5 million additional shares. As of September 30th, we have deployed $3.8 million in our renewed NCIB program, repurchasing and retiring 0.2 million shares at an average price of $15.54/share. Since the beginning of the NCIB program in Q3 2022, we have retired 2.3 million common shares (8.2% of basic common shares) at an average price of $4.15/share.