Beiträge von Sorgenfrei

    Osisko Provides Update on CSA Stream Transaction
    https://ceo.ca/@GlobeNewswire/…-stream-transaction-022a6
    MONTREAL, June 06, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to provide an update regarding the CSA stream transaction.


    As previously announced, the Corporation’s wholly-owned subsidiary, Osisko Bermuda Limited (“OBL”), entered into a silver purchase agreement (the “Silver Stream”) and a backstop copper purchase agreement (the “Copper Stream” and together with the Silver Stream, the “Metals Streams”) with Metals Acquisition Corp. (“MAC”) (MTAL: NYSE) to partially fund the acquisition by MAC of the producing CSA mine in New South Wales, Australia (“CSA” or the “Mine”) from a subsidiary of Glencore plc (the “Acquisition Transaction”).


    On June 5, 2023, MAC announced that it had obtained shareholder approval for the Acquisition Transaction. Closing of the Acquisition Transaction is expected on or about June 15, 2023 (the “Closing Date”).


    Additionally, MAC has provided notice to OBL that it will utilize the full amount of the available deposit pursuant to the terms of the Copper Stream. As a result, OBL will make a cash payment of US$190 million to MAC on the Closing Date pursuant to the terms of the Metals Streams and associated equity subscriptions in MAC (collectively, the “Investments”). The upfront cash payment for the Investments can increase by US$15 million in the event the silver price averages at least US$25.50 per ounce over the ten business days immediately prior to the Closing Date. Closing of the Investments is subject to certain conditions precedent, including completion of the Acquisition Transaction. Further details on the Investments can be found in the Corporation’s press release dated December 28, 2022.


    Sandeep Singh, President and Chief Executive Officer of Osisko commented: “CSA is a high-grade, long-life asset, with significant upside that can be unlocked by the MAC management team. We are pleased to see this important transaction nearing completion, and look forward to having both the silver and copper streams contribute to our near-term cash flows.”

    Luca Mining Announces Closing of CAD $20.76 Million Private Placement and Debt Settlements
    https://ceo.ca/@thenewswire/lu…osing-of-cad-2076-million
    As previously disclosed,the net proceeds from the Second Tranche will be used by the Companyto complete construction of its phase one 500 tonnes per day(“tpd”) project at the Tahuehueto Gold Mine; to make substantialprogress towards completing its nameplate 1,000 tpd project; and forgeneral working capital.
    “We are very pleased to announce this closing of thePrivate Placement, building on our first tranche announced on April26th. Securing this level of support from existing and new investors,at a very challenging time in the markets generally, is testament tothe confidence investors have in our turnaround plans and the newteam,” commented Mike Struthers, CEO. “I’m alsovery pleased to say we are on track to achieve our first key milestoneof 500 tonnes per day at Tahuehueto by the end of the month, aspreviously announced. I look forward to providing more updates in thenear future”.

    Was die Lang betrifft, die ist kein Einzelfall, was da über die grünen Listen überall reindrückt, ist hanebüchen, und in den Medien roter Teppich. Das kann nichts anderes sein, als eine von ganz oben angeordnete Provokation. Aber zu welchem Zweck? Für die sog. Klimarettung, ist das kontraproduktiv. Wenn man das wollte, würde man m.E. anderes Personal ransetzen und es professioneller und mit weniger Getöse angehen.


    Vielleicht soll das, was in der Nachwendezeit angezettelt wurde, irgendwie noch im letzten Moment terminert werden, bevor das komplett aus dem Ruder läuft? Vermutlich Wunschdenken, aber für mich paßt das seit einigen Jahren nicht mehr zusammen alles.

    https://www.klonovsky.de/2023/06/3-juni-2023/
    Da ich gerade im Netz einen Dialog mit einem Zeitgenossen führte, der die Ansicht vertrat (oder fingierte), so etwas wie die Bolschewoken existiere nicht, stelle ich heute einen Vortrag online, den ich vor ein paar Wochen vor einem Zirkel junger unwoker Menschen hielt. Das Thema lautet: Was ist Milliardärssozialismus, wie und warum funktioniert er? Die Bewegung der Wokeness als die Linke unserer Zeit und aktuelle Maske des Marxismus spielt dabei eine zentrale Rolle.
    Der Text ist ziemlich lang, und es gibt ein paar Überschneidungen mit einer Rede zum Thema Globalismus, die ich während des Wahlkampfes 2021 hielt...

    G Mining Ventures Achieves Major ESG Milestone with the Signing of Renewable Power Purchase Agreement for Tocantinzinho Gold Project
    https://www.prnewswire.com/new…ld-project-301839674.html

    • Binding, multi-year, power purchase agreement executed, ensuring low-cost and renewably generated power to completely meet the requirement of the Tocantinzinho Project through commissioning, ramp-up and initial years of commercial production
    • All-in cost of electricity ~25% lower than estimates used in the 2022 Feasibility Study, with fixed energy pricing for 2024, 2025 and 2026
    • Guaranteed supply of certified renewable hydroelectric power, with traceability, in line with GMIN's target of being a low CO2 emission gold producer

    BROSSARD, QC, June 1, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) is pleased to announce that it has entered into a power purchase agreement ("PPA") with Companhia Energética de Minas Gerais ("CEMIG") and CEMIG Geração e Transmissão S.A., securing low-cost, 100% renewably generated power for its 100% owned Tocantinzinho Gold Project ("TZ" or the "Project"). TZ is currently under construction in the State of Pará, Brazil and remains on budget and on track for commercial production in H2-2024.
    Louis-Pierre Gignac, President & Chief Executive Officer, commented: "I am very pleased by the major de-risking milestone of entering into this fixed-price PPA with a reliable electricity supplier. The low-cost power generated from renewable hydroelectric sources will ensure that TZ is in the lower quartile of the global gold production curve both in terms of cost and carbon emissions. This is a major step toward safeguarding value for our shareholders and stakeholders alike."

    LONDON, UK / ACCESSWIRE / June 2, 2023 / Ecora Resources PLC ("Ecora" or the "Company") (LSE:ECOR)(TSX:ECOR) has received notification of the following transactions by Mr. Bishop Lafleche, Chief Executive Officer of the Company, and Mr. Flynn, Chief Financial Officer of the Company.
    On 30 May 2023, Mr. Bishop Lafleche acquired 30,122 ordinary shares of 2 pence each in the Company ("Shares") at an average approximate price of 111.79p per share.
    From 30 May 2023 to 1 June 2023, Mr. Flynn acquired 43,614 Shares at an average approximate price of 111.67p per share.
    https://www.accesswire.com/758…Share-Dealings-in-Company

    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.

    AbraSilver Reports Positive Metallurgical Test Results for JAC Zone With Up To 93% Silver Recoveries & 91% Gold Recoveries

    https://www.abrasilver.com/new…eries--91-gold-recoveries
    Key Highlights Include:

    • Overall recoveries at the JAC and Fantasma deposits range between 86% - 93% for silver and 82% - 91% for gold.
    • A substantial percentage of the silver at JAC can be recovered by gravity separation which increases overall recoveries.
    • Current testwork confirms that the same process flowsheet can be used to process mineralization from the Oculto, JAC and Fantasma deposits.
    • Milling tests have shown that 150 microns is the targeted grind size for the leaching of the mineralized material at a retention time of 36 hours.
    • Overall silver and gold recoveries could likely be increased further by grinding finer and with higher cyanide concentrations. Further metallurgical testwork and trade-off studies are now underway.

    [Blockierte Grafik: https://www.abrasilver.com/_resources/news/nr-20230601-table1.png]


    Orogen Royalties Acquires a Copper Royalty in Colombia
    https://www.accesswire.com/758…opper-Royalty-in-Colombia
    VANCOUVER, BC / ACCESSWIRE / May 31, 2023 / (TSXV:OGN)(OTCQX:OGNRF) Orogen Royalties Inc. ("Orogen" or the "Company") is pleased to announce it has signed a purchase and sale agreement (the "Agreement") with Gold Plata Mineral Investments Corp. ("Gold Plata"), to acquire a 1% net smelter return ("NSR") royalty interest in the La Rica copper-gold project in northern Colombia.
    Highlights

    • La Rica is a 160 square-kilometre land package located in the Mande Batholith, the northernmost segment of the prolific Andean copper belt that extends from Chile through to Panama.
    • The royalty Area of Interest ("AOI") contains at least four undrilled copper-gold porphyry targets within a fifteen kilometre long trend of anomalous copper geochemistry on the western margin of the Mande Batholith.
    • La Rica contains outcropping chalcopyrite, bornite and gold mineralization related to potassically altered quartz diorite porphyries.
    • The namesake La Rica zone is defined by 118 samples taken over a 600 metre by 500 metre area averaging 0.76% copper and 0.47 g/t gold.
    • La Rica is currently held by a private exploration company ("Private Company") with land holdings in Colombia.

    SOURCE ROCK ROYALTIES ANNOUNCES RECORD QUARTERLY & MONTHLY ROYALTY PRODUCTION
    https://www.newswire.ca/news-r…production-823876411.html
    First Quarter Highlights:

    • Record quarterly royalty production of 180(1) boe/d (90% oil and NGLs), an increase of 8% over Q1 2022.
    • Record monthly royalty production of 193(1) boe/d (93% oil and NGLs) in March 2023.
    • Eight gross new horizontal wells began producing on Source Rock's royalty lands, all of which were in SE Saskatchewan (7 Frobisher wells and 1 Midale well).
    • Closed a $1.6 million light oil royalty acquisition in late March, adding approximately 20 bbl/d (100% oil) of royalty production in Alberta.
    • Quarterly royalty revenue of $1,380,251(2), a decrease of 10% over Q1 2022.
    • Quarterly Adjusted EBITDA(3) of $1,157,520 ($0.026 per share), a decrease of 17% over Q1 2022.
    • Quarterly funds from operations(3) of $1,111,471 ($0.025 per share), a decrease of 5% over Q1 2022.
    • Declared a quarterly dividend of $0.015 per share, resulting in a payout ratio(3) of 61%.
    • Achieved an operating netback(3) of $71.45 per boe and a corporate netback(3) of $68.61 per boe.
    • Ended Q1 2023 with a cash balance of $11,372,848 ($0.25 per share).

    Cerrado Gold Issued Preliminary License for Its Monte Do Carmo Project, Brazil


    Company Update


    • Preliminary Licence ("LP") granted to Monte Do Carmo ("MDC") by Tocantins state environmental agency

      • First in three stage licence process to bring the MDC project into production

        • Installation license expected within 90-120 days


    TORONTO, ON / ACCESSWIRE / May 30, 2023 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is pleased to announce that its Monte Do Carmo gold project has received the Preliminary License ("LP") from the Instituto Natureza do Tocantins ("NATURATINS") the state environmental regulatory authority, which has authority to grant state permits.
    The mine permitting process in Tocantins has three stages, the LP, the installation license ("LI"), and finally the license to operate ("LO"). The granting of the LP is an important milestone in the licensing process as it outlines all the basic parameters of the project to be accepted by all parties, including the local community and relevant regulatory bodies. The subsequent installation license allows for the commencement of construction activities for the project. The Company expects to receive the LI within the next 3 to 4 months. The final licence, the LO, is granted upon completion of construction and at commencement of operations.
    Mark Brennan, CEO and Chairman commented "The award of the LP is a significant milestone for the MDC project and reflects the great work done by our Brazilian team and represents a significant endorsement from the community and regulators for the development of the project. As previously announced, discussions for Project Financing are ongoing, and we look forward to the completion of the FS in the coming weeks as we work to bring the Monte Do Carmo project into production. "
    https://www.accesswire.com/757…e-Do-Carmo-Project-Brazil
    https://www.mining.com/cerrado…gold-project-shares-rise/

    RE Royalties Announces 178% Increase in Quarterly Revenue - First Quarter 2023 Financial Results


    https://www.accesswire.com/757…er-2023-Financial-Results

    Key financial and business highlights of Q1 2023 include:

    • Quarterly revenue and income, including the share of income from the Company's investment in OCEP2 for the three months ended March 31, 2023, of $1,824,000, an increase of $1,169,000 or 178% over the similar period in the prior year.
    • Quarterly gross profit, including changes in fair value of financial assets and share of income in OCEP2, of $1,790,000, an increase of $1,253,000 or 233% over the similar period in the prior year.
    • Quarterly Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA") for Q1 2023 of $1,346,000, an increase of $1,358,000 over the similar period in the prior year.
    • Quarterly net income after income tax of $558,000, an increase of $1,108,000 over the similar period in the prior year.
    • Cash and cash equivalents of $17,862,000, including restricted cash.
    • Completed the offering of its Series-3 Green Bonds and issued a total of 16,423 Canadian dollar denominated Green Bonds for aggregate gross proceeds of $16,423,000 and 1,242 United States dollar denominated Green Bonds for aggregate gross proceeds of US$1,242,000. The Series-3 Green Bonds will have a maturity date of January 30, 2028, and bear interest at a rate of 9% per annum, payable quarterly.
    • In February 2023, the Company acquired a gross revenue royalty on the 27 MWdc (20 MWac) Jackson Center Solar Project Phase 2 from Teichos Energy LLC. The Company provided a US$1.8 million letter of credit on behalf of Teichos to meet their interconnection requirements.

    Luca Mining Corp. announces Tahuehueto Construction on Schedule and Digital Marketing Agreements

    Highlights
    Construction Update
    The Company defined two steps towards achieving commercial production of 1,000 tonnes per day (“tpd”), with an initial stage of 500 tpd scheduled to complete by June 30th, 2023. The final stage of 1,000 tpd is expected to be achieved by the end of 2023.
    The Company is pleased to report that the first stage of 500 tpd is nearing completion. The remaining key elements are installation of the final components of the comminution circuit (cyclones, pumps etc.); construction of the first stage of the tailings dam; installation of a second tailings filter press; and completion of the definitive plant water supply.
    Completion of the comminution circuit is expected by 31st May, in parallel with other final items such as the crusher building roof in advance of the rainy season.
    Construction of Stage 1A of the dry-stack tailings dam is advancing well, on both day and night shifts. The underdrain is installed, and construction of the initial embankment is well underway. This phase of the dam is planned to be completed before the end of June. The mine also has additional temporary storage capacity which is being used to support current pre-production.
    The first tailings filter press is fully operational, and it is expected that with further optimizations this filter will have a capacity of almost 500 tpd alone. The second (backup) filter press has been acquired and arrangements are underway to transport the unit to site. Meanwhile construction of the second filter press foundation is advancing to plan.
    [*] Company on track to deliver the initial 500 tonnes per day project by 30th June 2023
    [*] Key elements advancing well, including tailings filtration and dry-stack tailings dam construction.
    [*] Second mill, for 1,000 tonnes per day, also being advanced.
    [*]https://assets.website-files.c…UCA_NR_294_May24_2023.pdf
    [*][Blockierte Grafik: https://public.newsdirect.com/399588526/2Zt3v7S6.png]


    RE Royalties Acquires Royalty on Wind Project in Alberta and Announces Date for 2023 First Quarter Results Conference Call on Thursday, June 1, 2023


    Company Update
    All amounts in Canadian dollars unless otherwise stated
    VANCOUVER, BC / ACCESSWIRE / May 25, 2023 / RE Royalties Ltd. (TSXV:RE) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, is pleased to announce that it has acquired a royalty on 100MW of output from a wind project located in Alberta, Canada ("Alberta Wind Project") for $940,000 Canadian dollars.
    RE Royalties will receive a monthly royalty payment for a period of 12 years. The average annual royalty payments are estimated to be approximately $132,000 per year. The Alberta Wind Project is owned by a major independent power producer with a power purchase agreement with a large corporate off taker. The full project is expected to generate approximately 500 GWh of clean energy per year; capable of providing clean, renewable energy for approximately 68,000 homes.


    https://www.accesswire.com/757…l-on-Thursday-June-1-2023

    Star Royalties Reports Q1 2023 Financial Results


    https://www.starroyalties.com/news/20230525-srnews




    Sailfish Closes Silver Stream with Mako Mining; Announces Closing of Private Placement of Convertible Debentures


    https://www.newsfilecorp.com/release/167426





    Silver Crown Royalties Exercises Top Up Option on Royalty Purchase


    https://www.accesswire.com/757…ption-on-Royalty-Purchase


    Orogen Royalties Announces Profitable Q1-2023 Financial Results


    https://www.accesswire.com/757…Q1-2023-Financial-Results