Beiträge von Sorgenfrei

    CALGARY, AB, June 15, 2023 /CNW/ - Source Rock Royalties Ltd. (SRR:CA) (TSXV: SRR.WT), a pure-play oil and gas royalty company with an established portfolio of light oil focused royalties, announces that its board of directors has declared a monthly dividend of $0.0055 per common share, payable in cash on July 14, 2023 to shareholders of record on June 30, 2023.
    https://www.newswire.ca/news-r…y-dividend-894740124.html

    LABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE SECOND QUARTER OF 2023 - $0.65 PER COMMON SHARE
    https://www.newswire.ca/news-r…mmon-share-858844672.html
    TORONTO, June 14, 2023 /CNW/ - The Directors of Labrador Iron Ore Royalty Corporation (the "Corporation") (TSX: LIF) declared today a quarterly cash dividend of $0.65 per Common Share. The dividend is payable to holders of record at the close of business on June 30, 2023 and is to be paid on July 26, 2023.

    [Blockierte Grafik: https://mma.prnewswire.com/med…_Update_on_Site.jpg?w=200]
    G Mining Ventures Provides Update on Site Activities at Tocantinzinho Gold Project


    https://www.prnewswire.com/new…ld-project-301849064.html

    • Project is 30% complete and remains on track and on budget for commercial production in H2-2024
    • Safety remains a priority with over 1,770,063 man-hours worked with no Lost Time Incidents
    • 1,871 employees and contractors currently employed by the Project (94% from within Brazil)
    • Detailed engineering 81% complete with procurement essentially finalized at 97%
    • Project commitments total $302 million (66% of total) tracking in line with Feasibility Study
    • Andrew Storrie appointed General Manager of Tocantinzinho
    • Updated virtual site tour available through VRIFY platform


    [Blockierte Grafik: https://mma.prnewswire.com/media/2099558/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 1 – Mine Infrastructure Area and Process Plant Progress (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099557/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 2 – Tonnes of Material Delivered to Site (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099556/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 3 – Truckloads Delivered to Site (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099555/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 4 – Delivery to Site (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099554/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 5 – TZ Site Construction Overview (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099553/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 6 – Mill Foundation and Monument Installation (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099552/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 7 – Aggregate Plant (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099551/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 8 – Open Pit Mining (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099550/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 9 – Transmission Line Tower Clamping (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099549/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 10 – Site Main Substation Progress (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099548/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Figure 11 – Daily Morning Safety Meeting and Ergonomic Exercises (CNW Group/G Mining Ventures Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2099547/G_Mining_Ventures_Corp_G_Mining_Ventures_Provides_Update_on_Site.jpg?w=350]Project Development Timeline (CNW Group/G Mining Ventures Corp)




    Osino Announces Definitive Feasibility Study Results for Twin Hills Gold Project, Namibia US$742m Pre-Tax NPV, 34% IRR, 2.2 Year Payback

    https://mininggrade.com/r/JK7D…v-34-irr-2-2-year-payback
    Highlights:

    • NPV of US$742m (pre-tax) and IRR of 34% at 5% discount rate and US$1750/oz gold price.
    • NPV of US$480m (post-tax) and IRR of 28% at 5% discount rate and US$1750/oz gold price.
    • At spot gold prices (US$1,950/oz) the project generates just under US$1.5bn of net pre-tax cashflows, demonstrating the strong margins, cash generation potential & economics of the project.
    • Overall capital cost of US$365m (incl. US$34m contingency & US$18m capitalised pre-strip) with a payback period of 2.2 years.
    • 13-year Life-of-Mine ("LOM") and 5.0 million tonnes per annum ("mtpa") design processing capacity.
    • LOM gold recovery of 92% utilising conventional 3-stage crushing, ball milling, gravity separation, pre-oxidation and CIL circuit plus filtration & dry-stack tailings deposition.
    • Responsible social and environmental design criteria have been key study elements and have been integral to design and project planning from the outset, contributing considerably to the robustness of the project.


    Nickel 28 Announces Results of Shareholder Meeting and Provides Board Update
    By BusinessWire
    Jun 12th 2023, 9:09 PM EDT
    https://www.linkedin.com/share…and-provides-board-update
    TORONTO--(BUSINESS WIRE)--Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) announces the results of its annual general and special meeting of shareholders held on June 12, 2023 (the “Meeting”). At the Meeting, all incumbent directors were duly re-elected as directors of Nickel 28. All other items put forward for consideration at the Meeting were also approved, including confirmation of the shareholder rights plan. In light of the fact that each of the directors received less than majority support at the Meeting, the Board of Directors (the “Board”) is considering the application of the Company’s majority voting policy (the “Policy”) with respect to the Meeting and a further update will be provided promptly following the Board’s determination. A copy of the Policy is available on the Company’s website at www.nickel28.com.
    Detailed results of the votes at the Meeting are set out below:


    https://mininggrade.com/r/mxlrXR5gCkpsdkqZjM7Q/nickel-28-announces-results-of-shareholder-meeting-and-


    provides-board-update
    Der gesamte Vorstand wird wiedergewählt, obwohl 58% gegen alle stimmten ... ?) <X

    [url='Trident Royalties Plc (AIM: TRR, OTCQX: TDTRF), the diversified mining royalty company, is pleased to announce that it has entered into a binding sale and purchase agreement ("SPA") with Coeur Mining, Inc. ("Coeur", NYSE: CDE) to acquire royalties and a milestone payment (the "Royalty Assets", and the acquisition thereof, the "Transaction") over the La Preciosa Silver Project ("La Preciosa" or the "Project"), owned by Avino Silver & Gold Mines Ltd. ("Avino", TSX: ASM, NYSEAMERICAN: ASM), in Mexico. The Royalty Assets comprise: · 1.25% net smelter return royalty (the "NSR Royalty") covering the Gloria and Abundancia veins; · 2.00% gross value return royalty (the "GVR Royalty") covering all other areas of La Preciosa; and · US$8.75 million milestone payment (the "Milestone Payment"), payable within 12 months of first silver production at La Preciosa. In consideration, Trident shall pay US$7 million in cash on closing, and a further US$1 million, in cash or shares at Trident's election, upon receipt of the Milestone Payment or other circumstances as set out in the SPA.']Trident Royalties Plc (AIM: TRR, OTCQX: TDTRF), the diversified mining royalty company, is pleased to announce that it has entered into a binding sale and purchase agreement ("SPA") with Coeur Mining, Inc. ("Coeur", NYSE: CDE) to acquire royalties and a milestone payment (the "Royalty Assets", and the acquisition thereof, the "Transaction") over the La Preciosa Silver Project ("La Preciosa" or the "Project"), owned by Avino Silver & Gold Mines Ltd. ("Avino", TSX: ASM, NYSEAMERICAN: ASM), in Mexico. The Royalty Assets comprise: · 1.25% net smelter return royalty (the "NSR Royalty") covering the Gloria and Abundancia veins; · 2.00% gross value return royalty (the "GVR Royalty") covering all other areas of La Preciosa; and · US$8.75 million milestone payment (the "Milestone Payment"), payable within 12 months of first silver production at La Preciosa. In consideration, Trident shall pay US$7 million in cash on closing, and a further US$1 million, in cash or shares at Trident's election, upon receipt of the Milestone Payment or other circumstances as set out in the SPA.[/url]
    https://polaris.brighterir.com…nt/news/rns/story/xzj8glw
    [Blockierte Grafik: https://dw6uz0omxro53.cloudfront.net/2760630/af550dfd-0ff6-45bd-b228-2f2b1e526aba.png]

    Gleason & Sons Makes $1.6 Million Strategic Investment in Empress Royalty as High-Yielding Investments Boost Cash Flow

    https://www.accesswire.com/760…vestments-Boost-Cash-Flow
    CHARLOTTE, NC / ACCESSWIRE / June 12, 2023 / Gleason & Sons LLC today announced today it has acquired nearly 7 million common shares of Empress Royalty ("Empress") (TSXV:EMPR)(OTCQX:EMPYF) via a series of open market purchases and cross trades in recent weeks.
    Gleason & Sons is the family office of Stefan Gleason, a Charlotte-based entrepreneur who owns several privately held businesses in the United States, including Money Metals Exchange LLC. Money Metals is one of the largest precious metals dealers and depositories in North America with 500,000 customers and approximately $1 billion in annual revenues.
    The $1.6 million equity investment in Empress is the latest in Gleason & Sons' debt and equity investments in the mining royalty space.


    Royal Gold Announces Commitment to Acquire Gold/Platinum/Palladium and Copper/Nickel Royalties on Producing Serrote and Santa Rita Mines in Brazil

    https://www.businesswire.com/news/home/20230611581330/en/


    DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that its wholly-owned subsidiary RG Royalties, LLC, has entered into a binding commitment letter with ACG Acquisition Company Ltd. (“ACG”) to acquire new royalty interests on the producing Serrote and Santa Rita mines in Brazil for total cash consideration of $250 million, subject to satisfaction of certain conditions, including negotiation and execution of definitive documentation. The royalty interests consist of a gold royalty on the Serrote mine, a gold, platinum and palladium royalty on the Santa Rita mine, and a copper and nickel royalty on both the Serrote and Santa Rita mines (collectively, the “Royalties”).
    Highlights of Proposed Acquisition
    Royal Gold believes the proposed acquisition of the Royalties from ACG will provide the following benefits:

    • Immediate and meaningful revenue contribution: The economic effective date of the transaction will be May 1, 2023. Royalty contributions to Royal Gold are expected to be approximately 8,000 gold equivalent ounces1 (“GEOs”) for the period May 1 through December 31, 2023, and to average approximately 14,000 GEOs annually in the 5 years from 2024 through 2028.
    • Diversified metal revenue: The Royalties are expected to provide a revenue mix weighted towards precious metals, with an approximate mix of 60% gold, 25% platinum and palladium, 10% nickel, and 5% copper for the first 5 years at current spot prices.
    • Producing mines with proven operating teams in an established mining jurisdiction: Operations at Santa Rita restarted in 2019 followed by maiden production from Serrote in 2021, with significant investments in infrastructure by the current and previous owners. Local management has a history of successfully operating the mines, has a strong safety, environmental and social culture, and has positive relationships with supportive local communities.
    • Significant long-term growth potential on large areas of interest: The areas of interest covered by the Royalties at both mines are substantial and include targets with high potential for exploration and production upside. At the Santa Rita mine, an underground expansion project could provide a 27-year extension to the mine life. At the Serrote mine, open pit resources outside of the base case mine plan could provide the potential to expand the existing pit and extend the mine life.
    • ESG attributes enhance the Royal Gold portfolio: Both the Serrote and Santa Rita operations are forecasted to have low first quartile carbon emissions intensity2 over the mine lives and are expected to improve the Royal Gold portfolio average for carbon emissions intensity, total energy intensity and safety statistics3.
    • New relationship with growth-focused counterparty: ACG’s stated strategy for ACG Electric Metals is to grow production of critical metals to supply the western automotive industry. The commitment letter with ACG includes terms that provide Royal Gold with the ability to participate in the future growth of ACG Electric Metals through a right of first refusal on the sale of any streams or additional royalties on the Serrote and Santa Rita mines and a right of first offer on royalty and stream financing for any future projects acquired by ACG Electric Metals.


    Royal Gold Provides an Update on Peñasquito

    DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that Newmont Corporation (“Newmont”) has suspended operations at the Peñasquito mine in Mexico in response to a strike action received from the National Union of Mine and Metal Workers of the Mexican Republic. Newmont stated that Minera Peñasquito has suspended operations in a safe and orderly manner and essential activities related to safety, security and environmental monitoring and protection continue. Newmont did not provide a timeline for resumption of operations.
    Royal Gold owns a production payment equivalent to a 2.0% net smelter return royalty on all metal production from the Peñasquito mine. Peñasquito contributed approximately 7.2% of total revenue to Royal Gold in the year ended December 31, 2022.https://www.businesswire.com/news/home/20230608005826/en/


    Kann die Demokratie die Polykrise überleben?




    6. Juni 2023 George Soros




    Auf der ganzen Welt leben die Menschen zunehmend mit dem Gefühl, dass zu viel und zu schnell passiert. Zu den Hauptursachen für diese wachsende Angst zählen der Aufstieg der künstlichen Intelligenz, der Klimawandel und Russlands Krieg in der Ukraine – alle diese Faktoren erfordern dringende Aufmerksamkeit von politischen Entscheidungsträgern und politischen Führern...
    Russlands Krieg gegen die Ukraine



    Dies bringt uns zur dritten Komponente der Polykrise. Die russische Invasion in der Ukraine war ein negativer Schock für die Welt, da sie die Nahrungsmittelversorgung unterbrach und zu großen geopolitischen Neuausrichtungen führte. Allerdings ist das tatsächliche Ergebnis viel besser als erwartet. Die ukrainische Armee leistete heldenhaften Widerstand und schaffte mit starker Unterstützung der USA und Europas die Wende. Die russische Armee erwies sich als Papiertiger, schlecht geführt und durch und durch korrupt. Die Wagner-Gruppe, eine private Söldnerarmee, unterstützte die Invasion eine Zeit lang, doch am Ende gelang es auch ihr nicht, die Ukraine zu besiegen.



    Infolgedessen ist die Ukraine nun bereit, einen Gegenangriff zu starten, sobald die gesamte vom Westen zugesagte Ausrüstung geliefert wird. Biden hat sogar zugestimmt, dass die Ukraine F-16-Kampfflugzeuge erhalten sollte.



    Ich glaube, dass der Gegenangriff erfolgreich sein wird. Das Ziel wird die Halbinsel Krim sein, der Heimatstützpunkt der russischen Marine. Durch die Zerstörung der bereits beschädigten Landbrücke mit Russland könnte die Ukraine einen strategischen Vorteil in eine strategische Belastung verwandeln, da die Krim kein Wasser hat. Da die Landbrücke zerstört ist, wird die Krim bei der Wasserversorgung auf die Ukraine angewiesen sein.



    Viele Teile der Russischen Föderation leiden bereits unter dem despotischen Regime von Präsident Wladimir Putin, und diese Entwicklung könnte dazu führen, dass sie es insgesamt ablehnen. Putins Traum, ein wiederbelebtes russisches Imperium, könnte zerfallen und keine Bedrohung mehr für Europa und die Welt darstellen.



    Das Ende des Krieges in der Ukraine wird ein positiver Schock für die Welt sein. Dies könnte für Biden eine Gelegenheit sein, die Spannungen zwischen den USA und China abzubauen, das sich selbst mitten in einem wirtschaftlichen Niedergang befindet, der Präsident Xi Jinping möglicherweise empfänglicher für eine Einigung mit den USA machen könnte. Biden strebt keinen Regimewechsel in China an; Er will lediglich den Status quo in Taiwan wiederherstellen.



    Eine russische Niederlage in der Ukraine und ein Nachlassen der chinesisch-amerikanischen Spannungen könnten den Staats- und Regierungschefs der Welt Raum geben, sich auf den Kampf gegen den Klimawandel zu konzentrieren, der unsere Zivilisation zu zerstören droht. Aber es gibt nur einen schmalen und verschlungenen Weg, der zu diesem Ergebnis führt. Daher ist es angebracht, bei der Frage, ob die Demokratie die Polykrise überleben kann, ein Fragezeichen zu verwenden...
    https://www-project--syndicate…r_hl=en-US&_x_tr_pto=wapp





    ?)
    TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) reports that it has provided notice to Franco-Nevada Corporation (“FNV”) of its intention to exercise its option (the “Buy Back Option”) to acquire 0.5% of the 2.0% net smelter returns royalty (“NSR”) on the Valentine Gold Project (the “Project”) held by FNV. The closing of the exercise of the Buy Back Option is scheduled for February 22, 2023 at which time the Company shall pay to FNV consideration of US$7 million, thereby reducing the NSR on the Project from 2.0% to 1.5%.
    https://ceo.ca/@globenewswire/…-back-option-on-valentine


    Entweder ziemlich clever von MOZ zuerst 0,5% NSR zu 7Mio zurückzukaufen und danach eine 1,5% NSR für 45Mio an FNV zu verkaufen.
    Oder FNV ist so heiß auf das Projekt, dass sie einen enormen Aufschlag zahlen.

    Marathon Gold Announces Royalty Acquisition by Franco-Nevada and Flow-Through Offering
    https://ceo.ca/@globenewswire/…uisition-by-franco-nevada
    TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Corporation”; TSX: MOZ) is pleased to announce the sale of an additional 1.5% net smelter returns royalty (“NSR”) on its Valentine Gold Project (“Valentine” or the “Project”) to Franco-Nevada Corporation (“Franco-Nevada”) for US$45 million, resulting in Franco-Nevada holding an aggregate 3.0% NSR on the Project. In addition, Franco-Nevada has offered to purchase common shares of the Corporation comprising the entire back-end of a C$6.9 million non-brokered charity flow-through offering for which Marathon has firm commitments at a price of C$1.0488 per flow-through share (the “Offering”). Marathon intends to use the proceeds of the Offering for eligible exploration expenditures at the Project.


    Matt Manson, President and CEO, commented: “We are very happy to be announcing this amendment to our royalty arrangements with Franco-Nevada, which sees their NSR royalty on the Valentine Gold Project increase to 3% for consideration of US$45 million. With this transaction, we have strengthened our balance sheet for the Valentine build in a substantial fashion, while maintaining a disciplined overall approach to our capital structure. Franco-Nevada has been a royalty holder since 2019, and we welcome their continuing strong support for the Project. The associated offering of flow-through shares, by which Franco-Nevada also increases its share ownership in the Corporation, will be used to fund our discovery-oriented exploration programs in 2023 and 2024, including exploration at the encouraging and underexplored Eastern Arm Prospect.”



    Paul Brink, President and CEO of Franco-Nevada, commented: “Having initially invested when Marathon was an exploration play, it is very rewarding to see Matt and team advancing the asset through construction. We look forward to celebrating first production with them.”


    https://marathon-gold.com/site…ar-May-16-2023-vFinal.pdf


    Marathon Gold Announces Royalty Acquisition by Franco-Nevada and Flow-Through Offering
    https://ceo.ca/@globenewswire/…uisition-by-franco-nevada


    TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Corporation”; TSX: MOZ) is pleased to announce the sale of an additional 1.5% net smelter returns royalty (“NSR”) on its Valentine Gold Project (“Valentine” or the “Project”) to Franco-Nevada Corporation (“Franco-Nevada”) for US$45 million, resulting in Franco-Nevada holding an aggregate 3.0% NSR on the Project. In addition, Franco-Nevada has offered to purchase common shares of the Corporation comprising the entire back-end of a C$6.9 million non-brokered charity flow-through offering for which Marathon has firm commitments at a price of C$1.0488 per flow-through share (the “Offering”). Marathon intends to use the proceeds of the Offering for eligible exploration expenditures at the Project.


    https://marathon-gold.com/site…ar-May-16-2023-vFinal.pdf

    i-80 Gold Announces High-Grade Results from Underground Drilling at Cove



    RENO, Nev., June 7, 2023 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to announce additional positive results from underground drilling at the Company's 100%-owned McCoy-Cove Property ("Cove" or "the Property") located in Lander County, Nevada. The ongoing ~40,000 metre drill program is focused on upgrading resources in the Helen and CSD/Gap Zones in advance of completing an updated resource estimate and a full feasibility study.
    Highlight results from recent 2023 drilling at Cove include:
    [Blockierte Grafik: https://mma.prnewswire.com/media/2095096/i_80_Gold_Corp_i_80_Gold_Announces_High_Grade_Results_from_Under.jpg?w=600]Figure 1 – 3D View of the Cove Deposit and Drill Program (CNW Group/i-80 Gold Corp)

    • 12.8 g/t Au over 14.2 m, and 13.8 g/t Au over 7.6 m (iCHU23-05)
    • 11.1 g/t Au over 3.1 m, and 24.1 g/t Au over 14.0 m, and 44.2 g/t Au over 2.1 m (iCHU23-07)
    • 10.0 g/t Au over 3.6 m, and 20.0 g/t Au over 2.3 m, and 11.4 g/t Au over 7.9 m (iCHU23-08)
    • 9.6 g/t Au over 22.8 m (iCHU23-09)

    "The underground drilling program at Cove is focused on defining mineralization for ultimate mine planning.", stated Tyler Hill, Chief Geologist of i-80 Gold. "The first nine holes drilled have demonstrated continuity of gold mineralization in the upper portion of the CSD Gap horizon, confirming Cove as one of the highest-grade development-stage gold deposits in North America."
    Cove is one of three projects currently being advanced to realize the Company's goal of becoming the second largest gold producer in Nevada. In addition to the underground drill program, the exploration and development program will also include the completion of the first phase of the underground decline and drift, and detailed hydrological and metallurgical test work in advance of completing a Feasibility Study following the underground definition drill program.
    https://www.prnewswire.com/new…ng-at-cove-301844541.html

    PRAIRIESKY ROYALTY DECLARES QUARTERLY DIVIDEND
    https://ml.globenewswire.com/R…32-4a0a-9191-f9ba49960012
    CALGARY, Alberta, June 06, 2023 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (PSK:CA) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.24 per common share, payable in cash on July 17, 2023 to shareholders of record on June 30, 2023. This dividend is designated as an “eligible dividend” for Canadian income tax purposes.

    Snowline Gold Announces On-Market Transaction by B2Gold Increasing Ownership Stake to 9.9%
    https://ceo.ca/@accesswire/sno…ket-transaction-by-b2gold


    VANCOUVER, BC / ACCESSWIRE / June 6, 2023 / Snowline Gold Corp. (TSX-V:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce that B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) ("B2Gold") has increased their ownership stake in the Company to 9.90% by way of an on-market transaction. B2Gold has also agreed to vote their common shares in accordance with Snowline Board's recommendations. Snowline has agreed to grant B2Gold an increase in their right to maintain their pro rata ownership of up to 9.90% (formerly up to 5.00%) in connection with future equity financings.