As advised to the ASX on 28 May 2024, the Company’s share price has been significantly impacted by aggressive selling of shares by the Noteholder. The Company believes that the sale of the majority of the shares was not in accordance with the Convertible Note Deed. The Company’s position is that the Noteholder has not...
Category: investingnews
5 Top Weekly TSXV Stocks: Bravo Mining Gains 74 Percent on Drill Results
The two had been negotiating up until this past Wednesday (May 29), but negotiations ultimately collapsed due to Anglo’s perceived risk and regulatory challenges surrounding the required spinout of its South African assets. Under UK rules, BHP will not be able to make another bid for six months, unless a competing bid is made for...
Close of Off-Market Takeover Bid for Linden Gold Alliance Limited and Board Updates
Capitalised terms not defined in this announcement have the meaning given to the same term in the Bidder’s Statement. Brightstar is pleased to advise that the Offers closed at 5:00pm (Perth time) on Thursday, 30 May 2024, with Brightstar acquiring a relevant interest in 96.75% Linden Shares and 96.81% Linden Options. All of the conditions...
True North Copper Appoints Bevan Jones as Managing Director
Mr Jones is a seasoned operations officer offering nearly 30 years of experience in mine management across a diverse range of commodities and has a proven track record in directing business improvement initiatives and operational transformation. Mr Jones’ previous roles include Chief Operating Officer at Karora Resources (TSX: KRR), as well as General Manager of...
New Major, Completely Unexplored Porphyry Complex and Drill Targets Secured
The remaining untested intrusive complexes of the Macquarie Arc porphyry geology are a globally significant exploration opportunity. This is increasingly evidenced by AngloGold Ashanti, FMG and S2 Resources’ having secured over 10,000km2 of exploration ground in the last 12 months via four Earn-in and Joint Venture agreements supporting potentially over A$200m in exploration expenditure. Also...
Further Assay Results from Link Zone Confirms Near- surface Mineralisation Across Multiple Lodes
Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to announce further assay results from the Link Zone Reverse Circulation (RC) drilling program, part of the large RC and diamond drilling (DD) program across the broader 1.45Moz Brightstar portfolio. The program is targeting gold mineralisation within delineated pit shells and underground designs outlined within Brightstar’s Scoping...
Top Stories This Week: Silver Catches Spark in China, BHP Backs Out of Anglo Deal
It was a week of ups and downs for gold, which traded between about US$2,325 and US$2,361 per ounce. David Morgan of the Morgan Report commented on a different angle for Chinese demand in a recent interview. In his view, it could be significant if retail traders in China wake up to the opportunity in...
Tech 5: NVIDIA Closing in on Apple as Most Valuable Stock, Spot Ether ETFs Could Trade by June
Once assumed to be years away, a surprising turn of events has fast-tracked the US approval process for spot Ether exchange-traded funds (ETFs), suggesting that they could begin trading by the end of Q2 or the beginning of Q3. Elsewhere, Big Tech’s most prominent players came together this week to establish a network standard for...
Gold and Silver Prices End Week Lower as PCE Stays Flat in April
Core PCE, which excludes the food and energy categories, was up 0.2 percent on a monthly basis, a decline from March’s 0.3 percent rise; however, year-over-year it matched the 2.8 percent gain from the previous month. Increases to personal income cooled slightly on a monthly basis, coming in at 0.3 percent, down from 0.5 percent...
Drilling Delivers More Record REE Intersections at Jupiter
HIGHLIGHTS The latest drill results include the highest REE intersection to date, 80 metres at 1,839 ppm TREO1 from 8 metres below surface Managing Director, Philippa Leggat, said “The great intersections just keep on coming at Jupiter! Another batch of drilling results and another record clay-hosted REE drill intersection. It’s fantastic to see infill drilling...