Labyrinth is proposing to consolidate: a) every 10 Shares into 1 Share; b) every 10 Options into 1 Option; and c) every 10 Performance Rights into 1 Performance Right, (‘Consolidation’). As the Consolidation applies equally to all security holders, it will have no material effect on the percentage shareholding interest of each individual shareholder. The...
Category: investingnews
How to Invest in Manganese Stocks (Updated 2024)
Manganese is an important industrial metal. More than 90 percent of global consumption is closely tied to the steel and construction sectors, and China is a major consumer of the commodity. The metal is also used in the most common form of lithium-ion batteries, ones using nickel-manganese-cobalt (NMC) cathodes. Despite its solid demand base, the...
WGC: Gold ETFs Notch Best Performance Since April 2022
Up until July, western investors had largely abandoned gold ETFs in 2024. Some took profits amid record gold price levels, while others favored interest-bearing assets, which have been supported by high interest rates. The council’s July data shows a reversal, with global gold ETFs experiencing their strongest month since April 2022. Inflows topped US$3.7 billion...
Evolution Thwarts Ransomware Attack Amid Rising Cyber Threats in Mining Sector
The company said in the announcement that it reached out to external cyber forensic experts to examine the incident, and that the issue had been contained at the time the news was posted. Evolution doesn’t expect any material impact on its operations, and said the problem has been “proactively managed with a focus on protecting...
West High Yield (W.H.Y.) Resources Ltd. Announces First Tranche Closing of Private Placement
The Closing consisted of the issuance 435,076 Units for gross proceeds of $143,575.05. The Units were issued at a price of $0.33 per Unit, and each Unit consists of one (1) Common share of the Company (each, a “Common Share”) and one (1) Common Share purchase warrant (each, a “Warrant”). Each Warrant, together with CAD$0.45,...
Silver Crown Exercises Option to Upsize Pilar Royalty to 90% of Silver Produced at PGDM Complex
Peter Bures, Silver Crown’s Chief Executive Officer, commented: “We’re excited to expand our ongoing partnership with Pilar’s management and economic interest in the PGDM complex by increasing our royalty to 90% of the cash equivalent of the silver produced. We believe the capital injection will enable Pilar to ramp up operations toward full capacity over...
Bold Ventures
A Canadian exploration company poised for discovery, Bold Ventures is focused on the exploration and development of high-potential battery minerals projects in tier 1 jurisdictions in Canada. The Traxxin gold project, west of Thunder Bay, has hosted numerous high-grade gold intersections in drilling. The project is a joint venture between Bold Ventures, as the operator,...
Submission of ASX Listing Prospectus, Proposed Fundraising to Raise up to A$20M and Notice of General Meeting
Information on the notice of a general meeting to be convened in connection with the Fundraising is set out at the end of this announcement (“Notice of GM“). Highlights · CleanTech Lithium is a leader in the exploration and development of Direct Lithium Extraction (DLE) based lithium brine projects in the key lithium producing jurisdiction...
Zinc Stocks: 5 Biggest Canadian Companies in 2024
Many base metals have been hit by weakened demand over the past year due to sticky inflation and higher interest rates, and zinc is no exception. Zinc supply has also faced pressure from higher mining and refining costs, causing some major zinc mines and smelters to suspend operations, with more possible if the current economic...
Rights Entitlements Offer – Registry Enhancement and Shareholder Engagement
Vested Equities will be reaching out to GTR shareholders on behalf of the Company to ensure that they are aware of both the opportunity to participate in the entitlements offers and the Company’s recent and future activities. For more information regarding the Rights Issue, please contact Harley McKinnirey, Head of Investor Relations at Vested Equities,...