Tag: investing news

James Henry Anderson, senior market analyst at precious metals dealer SD Bullion, shared his thoughts on gold and silver, including what factors are moving the metals right now and where they could go in 2024. In his view, the precious metals sector is undergoing a tectonic shift with far-reaching impacts. “Ultimately I think US$2,400 (per...

The basic terms of the second Convertible Note are as follows; Principal Amount A$1,000,000 Maturity Date 30 April2026 Interest NIL Discount to Principal Amount A$100,000 (in lieu of interest) Early Repayment At the Company’s option at 110%of any outstanding balance of the Convertible Note within the first year after issue, and 115% in the second...

The company’s gross profit came in at US$156 million, with EBITDA at US$180 million, both lower than last year. With those circumstances in mind, First Quantum emphasized its commitment to managing its finances. The firm completed a “comprehensive refinancing package” during Q1, along with other initiatives to strengthen its balance sheet, and said this has...

HIGHLIGHTS Black Mountain Project Phase 1 Drilling Program The Phase 1 Drilling Program commenced on 10 November 2023, drilling triple tube HQ sized core using a Boart Longyear LF90 Surface Diamond Core Drill Rig. The Phase 1 Drilling Program was completed despite adverse weather conditions and a restrictive disturbance limit of only 5-acres required, under...

All capitalised terms in this announcement have the same meaning as defined in the 27 March 2024 Announcement. Under the terms of the variation (“Amended PURE Facility”), Hydralyte secured A$1.7m in new funding and two additional tranches, valued at A$1.5m each, which can be accessed at the discretion of PURE. A condition precedent to the...

All securities issued are subject to a statutory hold period that expires four months and one day from issuance. In connection with the financing, the Company paid finder cash commissions totalling $15,925 and issued 289,545 finder warrants. Each finder warrant entitles its holder to acquire one common share of the Company at a price of...

Description Issued by ASX Compliance source

LO HERMA ISR PROJECT During the quarter the Company advised that planning for the 2024 field season in Wyoming has progressed well and permitting is on track to facilitate drilling during Q3. The Lo Herma ISR Uranium Project (Lo Herma) is located in Converse County, Powder River Basin (PRB), Wyoming (WY). The Project lies approximately...

Case in point — mines in Brazil produced only 80 metric tons (MT) of rare earth elements in 2023, but the nation’s reserves are tied for third highest in the world. It’s possible that countries like this could become bigger players in the space in the future. One caveat is that reserves information is unavailable...

From established players to up-and-coming firms, Canada’s pharmaceutical landscape is diverse and dynamic. Three months into 2024, market watchers are keeping a close eye on pharma companies vying for the next major innovation. Cipher Pharmaceuticals is a specialty pharmaceutical company with a diverse portfolio of treatments, including a range of dermatology and acute hospital care...