Beiträge von Sorgenfrei

  • Generation Mining / GENM (TSX)

    Generation Mining Announces US$400 Million Senior Debt Facility Mandate with EDC, ING, and Societe Generale

    https://www.businesswire.com/news/home/20230502005481/en/
    TORONTO--(BUSINESS WIRE)--Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) has executed a mandate letter to arrange a senior secured project finance facility of up to US$400 million (the “Mandate”) to fund the construction and development of its Marathon Palladium-Copper Project, located on the north shore of Lake Superior in the Province of Ontario, Canada (the “Marathon Project”).
    The US$400 million senior debt facility (CDN $540 million) combined with the undrawn Wheaton Precious Metals Stream of CDN $200 million represents a significant portion of the initial capital required to develop Generation Mining's Marathon Project.
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    [/quote]A syndicate including Export Development Canada (“EDC”), together with ING Capital LLC (“ING”) and Societe Generale S.A. (“Societe Generale”) will act as the Mandated Lead Arrangers (“MLAs”). The formal Mandate includes a non-binding indicative term sheet (the “Term Sheet”) for a senior debt facility of up to US$400 million (the “Facility”).
    The execution of the Mandate is a key milestone in the project financing process for the development of the Marathon Project. EDC, ING, and Societe Generale were chosen as MLAs due to their extensive experience providing project finance to greenfield mining projects and the strength of their mining teams.
    Closing of the Facility, targeted for the third quarter of 2023, remains subject to completion of final due diligence in form and substance satisfactory to the MLAs, final credit approvals and execution of definitive Facility documentation.
    The definitive Facility documentation will include customary project finance terms and conditions, as well as a comprehensive intercreditor agreement. Drawdowns under the Facility would be subject to customary conditions precedent.
    Jamie Levy, President and CEO, commenting on these arrangements said, “We are very pleased to have mandated these three financial institutions, all of whom have a strong mining and metals track record. The US$400 million senior debt facility (CDN $540 million) combined with the undrawn Wheaton Precious Metals Stream of CDN $200 million, or a total of CDN $740 million represents a significant portion of the initial capital required to develop the Marathon Project. The Company will now focus on finalizing the definitive documentation, together with arranging equipment leases and sourcing the balance of the capital required to fully finance construction.


  • AbraSilver Resource Corp. / ABRA (TSXV)

    Zitat von Neo

    Danke Sorgenfrei. Da war ich ja, aber da sind diese kaeufe nicht zu finden. Bitte schau mal selbst. Insiderkaeufe seit 24.4 hies es ja laut Foto.


    Herzliche Gruesse ..

    Nun ja, die Insider haben nicht am Markt gekauft, sondern ihre Optionen und Warrants ausgeübt. Immerhin fließt das Geld in die Kasse des Unternehmens.


    Grüße, S. [smilie_blume]

  • I-80 Gold Corp./ IAU, IAUX (TSX, ASE)

    https://sprott.com/media/6407/230425-iau-scp-hilltop.pdf

  • Royalty Companies

    Star Royalties Reports Audited Financial Results for 2022
    https://www.starroyalties.com/news/20230428-srnews
    2022 Corporate and Portfolio Highlights

    • 2022 revenues represent a 43% increase over the prior year, including record quarterly revenue in the fourth quarter.
    • Record quarterly and annual revenue from the Keysbrook royalty.
    • Progressive improvements in operating performance and royalty payments from the Elk Gold Mine.
    • Continued farmer enrollment into Green Star Royalties Ltd.’s (“Green Star”) flagship regenerative agriculture carbon farming program, now representing approximately 115 farmers from across the United States.
    • Transition to commercialization at MOBISMART Mobile Off-Grid Power & Storage Inc. (“MOBISMART”) to result in first royalty revenues for Green Star.
    • Green Star investment pipeline now includes 22 opportunities under evaluation.
    • Ongoing initiatives by new management at Sabre Gold Mines Corp. (“Sabre Gold”) (TSX: SGLD, OTCQB: SGLDF) to accelerate funding of the fully-permitted Copperstone Gold Mine.

  • Elemental Royalty Corp./ ELE (TSX.V, NASDAQ)

    Elemental Altus Royalties Announces Record Attributable Production and Sales for 2022


    https://www.newsfilecorp.com/release/164063


    Vancouver, British Columbia--(Newsfile Corp. - April 28, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces its operating and financial results for the fourth quarter and full year ended December 31, 2022. For complete details, please refer to the Financial Statements and associated Management Discussion and Analysis ("MD&A") for the three and twelve months ended December 31, 2022, available on SEDAR (http://www.sedar.com) and the Company's website (www.elementalaltus.com).
    Full Year 2022 Financial Highlights:

    • Record revenue of $9.6 million, up 46% on FYE December 2021
    • Record adjusted revenue of $10.5 million up 59% on FYE December 2021
    • Record Gold Equivalent Ounces ("GEOs") of 5,834 ounces up 59% on FYE December 2021
    • Full year record adjusted EBITDA of $6.7 million, up 111% on FYE December 2021

    Fourth Quarter 2022 Financial Highlights:

    • Q4 revenue of $2.6 million up approximately 11% on FYE December 2021
    • Q4 adjusted revenue of $2.8 million up approximately 21% on FYE December 2021
    • Q4 attributable GEOs of 1,621 ounces up approximately 25% on FYE December 2021
    • Cash position of $17.5 million with $20 million of revolving credit facility undrawn

    Highlights and Key Developments

    • On August 16, 2022, the Company completed the Merger with Altus Strategies plc
    • On October 25, 2022, the Company announced the completion of the sale of its 100% owned Morocco-focused copper subsidiary, Aterian Resources Ltd. ("Aterian"), generating 15 new royalties for the Company
    • On December 1, 2022 the Company entered into an agreement with National Bank of Canada ("NBC") and Canadian Imperial Bank of Commerce ("CIBC") for an up to US$50 million revolving credit facility
    • Materially decreased the Company's cost of capital and reduced the total amount drawn, resulting in saving over US$3.5 million in interest annually


  • Royalty Companies

    Vox Announces Record Revenue in Q1 2023 and Provides 2023 Revenue Guidance

    https://www.accesswire.com/751…des-2023-Revenue-Guidance


    TORONTO, ON / ACCESSWIRE / April 27, 2023 / Vox Royalty Corp. (TSXV:VOX)(NASDAQ:VOXR)("Vox" or the "Company"), a returns focused mining royalty company, is excited to announce that it has realized record preliminary revenue(1) of $3,580,000 for the three-month period ended March 31, 2023 (compared to $1,471,000 for the comparable period in 2022).
    Record Q1 2023 Preliminary Revenue
    Record quarterly revenue of $3,580,000 was largely driven by royalty revenue from the Company's Wonmunna and Koolyanobbing iron ore royalties in Australia, as well as its Segilola gold royalty in Nigeria. Royalty revenue for the quarter also benefitted from strong iron ore prices during the period. These preliminary results should be read in conjunction with the Company's unaudited condensed interim consolidated financial statements for the three-month period ended March 31, 2023, as and when released.
    Kyle Floyd, Chief Executive Officer stated: "We are thrilled to announce record preliminary quarterly revenue of nearly $3.6M, which is equivalent to our annual royalty revenue for the full 2021 fiscal year. The Vox royalty portfolio continues to outperform management's high expectations, underpinned by growing royalty revenue from Western Australia. We look forward to building on this strong momentum in the coming quarters with significant potential upside linked to expansions of existing operations and new mine developments. We are also pleased to share revenue guidance of $11M - $13M for 2023, building on the strength of over 160% annual growth in 2022 royalty receipts, which reflects the ongoing embedded growth in Vox's royalty portfolio."
    2023 Revenue Outlook
    In 2023, Vox estimates royalty revenue to total $11,000,000 - $13,000,000. Revenue growth over the prior year is expected to come from the existing producing royalty assets in the Company's portfolio, including a full year of royalty revenue from the Company's Wonmunna iron ore royalty (acquired in Q2 2022) and the expected commencement of production at additional royalty-linked gold mines in Western Australia.


  • Royalty- und Streamingfirmen für Rohstoffe und Energie

    Ecora Resources PLC
    26 April 2023 Ecora Resources PLC("Ecora", the "Group" or the "Company")
    Q1 2023 Trading Update
    Ecora Resources PLC (LSE/TSX: ECOR) issues the following trading update for the period 1 January to31 March 2023.


    Highlights:
    · Portfolio contribution of $29.6 million, up 66% on Q4 22 due to a combination of strong steelmaking coal prices and higher saleable production from Kestrel, with c. 850,000t derived from the Group's private royalty area
    · Copper, vanadium, and uranium prices are all up year to date. Cobalt prices recovered from a low of $15.6/lb in February to $17.0/lb in April - the medium and long term outlook for cobalt remains positive
    · Construction of the West Musgrave copper nickel mine continued whilst the BHP takeover of OZ Minerals is scheduled to complete on 2 May 2023
    · Three cobalt deliveries were received from Voisey's Bay during the period at an average realised sale price of $17/lb. Planned maintenance operations scheduled for Q2 will impact production at Voisey's Bay with calendar year 2023 cobalt deliveries substantially weighted to the second half
    · Transition to the Voisey's Bay underground mining activities progressing on schedule for ramp-up in 2024
    · Maracás Menchen ilmenite concentration plant scheduled to complete in Q2 2023 with first sales expected in 2024
    · Net debt at 31 March was $35 million, providing the balance sheet flexibility to pursue further growth


    https://ir.design-portfolio.co.uk/pdf/105/57212

  • I-80 Gold Corp./ IAU, IAUX (TSX, ASE)

    Paycore Minerals Announces Shareholder Approval of Plan of Arrangement with i-80

    https://www.newsfilecorp.com/release/163711
    Toronto, Ontario--(Newsfile Corp. - April 25, 2023) - Paycore Minerals Inc. (TSXV: CORE) ("Paycore" or the "Company") is pleased to report that the previously announced proposed acquisition of all of the issued and outstanding common shares of Paycore ("Common Shares") by i-80 Gold Corp. ("i-80"), pursuant to a plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement"), has been overwhelmingly approved by the shareholders of Paycore ("Paycore Shareholders") at the special meeting of Paycore Shareholders held earlier today (the "Meeting"). A total of 21,341,555 Common Shares were voted in person or by proxy at the Meeting, representing 53.7 % of the outstanding Common Shares.
    The Arrangement was approved by 98.5% of the votes cast by Paycore Shareholders at the Meeting. The Arrangement was also approved by a simple majority of the votes cast by Paycore Shareholders, other than the votes cast by Waterton Nevada Splitter, LLC, and Waterton Nevada Splitter II, LLC (together, "Waterton"), Ms. Christina McCarthy and Mr. Steve Filipovic, which were excluded pursuant to Multilateral Instrument 61-101 - Protection of Minority Shareholders in Special Transactions ("MI 61-101").


  • I-80 Gold Corp./ IAU, IAUX (TSX, ASE)


    Sprott:
    " Die heutigen Ruby Hill-Bohrungen setzen die Entdeckungsdynamik von I-80 mit einer Reihe von potenziellen neuen Entdeckungen fort.
    1) Bohrung 23-10 traf auf 13,4m @ 8,2g/t AuEq (15-22-16-45% Au-Ag-Pb-Zn) zwischen East Hilltop und Hilltop Upper, was möglicherweise 200-250m Streichen, potenziell ~500kt unter der Annahme von ~8m Mächtigkeit, 75m vertikaler Ausdehnung und 250m Streichen bedeutet (erfordert jedoch zusätzliche Infill-Bohrungen zur Bestätigung).
    2) Bohrung 23-09 fand 3,9m @ 6,9g/t AuEq (52-2-47% Au-Ag-Zn) aus 564m - möglicherweise eine Fortsetzung von Lower Hilltop oder eine neue Zone; und 5,8m @ 9,9g/t Au - interpretiert als Fortsetzung von Ruby Deeps, würde einen ~100m Step Out darstellen.
    3) In der heutigen Pressemitteilung nicht besonders hervorgehoben, aber für uns sehr interessant, war der Treffer in Bohrloch 23-04A mit 50,3 m @ 1,2 g/t, der ein tiefes MT-Ziel testete, bevor das Bohrloch abwich. Wir halten dies für äußerst interessant, da I-80 sein zunehmendes Vertrauen in die Erprobung von MT-Zielen bekundet hat, was für die zahlreichen MT-Anomalien, die größer als Hilltop sind, an anderen Stellen auf dem Grundstück nützlich ist.


    Die heutigen Treffer erfordern mehr Infill, um ein zuverlässiges Modell zu erstellen, daher halten wir unsere Schätzungen heute aufrecht, einschließlich unserer KAUF-Empfehlung und unseres Kursziels von 6,00 C$/sh, basierend auf 0,60xNAV5%-1850. Mit aktualisierten PEA-Studien bei Ruby Deeps und Granite Creek SPZ, einer aktualisierten Granite Creek Ogee Zone DFS, die beide in diesem Quartal fällig sind, sowie einer zunehmenden Rate an Bohrergebnissen bei Ruby Hill / Hilltop sehen wir zahlreiche wertsteigernde Katalysatoren für I-80 in diesem Quartal, um das Unternehmen in Richtung unserer These eines 400-500kozpa AuEq hochgradigen Nevada-Produzenten voranzubringen, der in der Lage ist, 250-400 Millionen US$/Jahr an FCF zu generieren.


    Die Kombination aus inländischer Prämie, liquider Mittelklasse und NAV-Zuwachs durch neue Entdeckungen macht I-80 unserer Meinung nach zu einem Muss."

  • I-80 Gold Corp./ IAU, IAUX (TSX, ASE)

    i-80 Gold Announces New High-Grade CRD Discoveries at Ruby Hill & Expands Ruby Deeps & Lowerjack Gold Horizons

    https://www.prnewswire.com/new…d-horizons-301806345.html
    RENO, Nev., April 25, 2023 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to announce that drilling has discovered new lenses of high-grade poly-metallic carbonate replacement deposit type (CRD) and skarn mineralization along the Hilltop fault structure and continues to expand mineralization in the Hilltop Zones and at the Company's 100%-owned Ruby Hill Property ("Ruby Hill" or "the Property") located in Eureka County, Nevada.
    Highlight results from initial 2023 drilling at Ruby Hill include:
    [Blockierte Grafik: https://mma.prnewswire.com/media/2062184/i_80_Gold_Corp_i_80_Gold_Announces_New_High_Grade_CRD_Discoverie.jpg?w=400]Figure 1 – Ruby Hill Surface Plan (CNW Group/i-80 Gold Corp)[Blockierte Grafik: https://mma.prnewswire.com/media/2062183/i_80_Gold_Corp_i_80_Gold_Announces_New_High_Grade_CRD_Discoverie.jpg?w=400]
    Figure 2 – Long Section – Hilltop Fault Structure (CNW Group/i-80 Gold Corp)

    • iRH23-09:

      • 3.4 g/t Au, 11.1 g/t Ag, & 6.7 % Zn & over 18.3 m (Lower Hilltop Zone)
      • 9.9 g/t Au over 5.8 m (Ruby Deeps Zone)
      • 9.2 % Zn & 0.1 % Cu over 3.1 m (Geddes Zone Discovery)
    • iRH23-10:

      • 0.6 g/t Au, 165.6 g/t Ag, 6.7 % Zn & 6.6 % Pb over 13.4 m (East Hilltop CRD Discovery)

        • including 0.5 g/t Au, 226.1 g/t Ag, 9.7 % Zn & 10.0 % Pb over 8.4 m
      • 3.2 g/t Au, 366.0 g/t Ag, 19.8 % Zn & 10.2 % Pb over 0.9 m
      • 0.3 g/t Au, 63.0 g/t Ag, 13.9 % Zn, and 1.6 % Pb over 2.3 m
    • iRH22-69:

      • 0.3 g/t Au, 25.3 g/t Ag, 5.8 % Zn & 0.3 % Pb over 10.7 m (Blackjack Skarn Zone)
      • 0.5 g/t Au, 13.5 g/t Ag, & 8.2 % Zn, over 5.0 m
      • 11.6 g/t Au over 13.1 m (Lowerjack Zone)
    • iRH22-71:

      • 3.7 g/t Au, 116.7 g/t Ag, 7.1 % Zn & 3.5 % Pb over 4.7 m (Blackjack Skarn Zone)
      • 449.0 g/t Ag, 7.0 % Zn & 16.4 % Pb over 1.4 m (Blackjack Skarn Zone)

    Exploration drilling in 2022 discovered multiple zones of high-grade CRD and skarn mineralization along the newly identified Hilltop fault structure located on the south side of the Archimedes open pit with intercepts up to 515.3 g/t Ag, 28.9 % Pb, 10.5 % Zn & 0.9 g/t Au over 28.3 m. The 2023 drill program is focused on delineating the known zones and testing for the potential of additional mineralization along the Hilltop fault. Early drilling has been successful in expanding mineralization in the Hilltop horizon over a strike length of 750 metres including the discovery of new lenses of high-grade mineralization in the East Hilltop area and also along strike to the west.
    "Our 2023 drill program has picked up where we left off in 2022, expanding high-grade mineralization in several zones and resulting in multiple new discoveries.", stated Tyler Hill, Chief Geologist of i-80 Gold. "These results confirm a substantial mineralized system that remains open for expansion making us optimistic of further discoveries as several of our priority targets remain to be tested."