Home Archives - Page 103 of 166

(Bloomberg) — A bidding war for a small Canadian nickel miner is showing no signs of cooling as its largest shareholder, Australian mining magnate Andrew Forrest, took a formal step to increase ownership.

What’s Aiding EMN?

Eastman Chemical is benefiting from cost cutting and productivity actions. It is undertaking a more aggressive approach to keep manufacturing costs in control. It is on track with its cost-cutting actions in 2021, which are expected to contribute to its earnings per share. Eastman Chemical is expected to benefit from lower operating costs from its operational transformation program.

The company is also focused on generating new business revenues from innovation. It is investing around $250 million over 2021-2022 to construct one of the biggest plastic-to-plastic molecular recycling facilities in the world. The company expects $600 million of new business revenues from innovation in 2021. Eastman Chemical will also likely gain from its strategic acquisitions and end-market recovery.

Eastman Chemical is also committed toward maintaining a disciplined approach to capital allocation, with an emphasis on financing its dividend and debt reduction. The company returned $328 million to shareholders through dividend payouts and share repurchases during second-quarter 2021. It expects to buyback shares worth roughly $250 million in the second half of this year. Eastman Chemical also anticipates free cash flow to exceed $1.1 billion for 2021.

A Few Worries

Eastman Chemical faces headwinds from higher raw material, energy, and distribution costs in some of its products. It witnessed unfavorable impacts from supply chain constraints and higher logistics costs in the second quarter. Headwinds associated with supply and logistics are likely to continue to impact its third-quarter results.

The slowdown in automotive production due to the semiconductor shortage is another concern. The chip shortage is affecting automotive production globally. The shortage, partly caused by the impacts of the coronavirus pandemic, is disrupting production of parts and vehicles as well as affecting all major automotive original equipment manufacturers. This is likely to affect demand in the market over the near term.

Eastman Chemical Company Price and Consensus

Eastman Chemical Company price-consensus-chart | Eastman Chemical Company Quote

Stocks to Consider

Some better-ranked stocks worth considering in the basic materials space include The Mosaic Company MOS, United States Steel Corporation X, and Olympic Steel, Inc. ZEUS, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Mosaic has an expected earnings growth rate of 471.8% for the current year. The stock has also rallied around 78% over a year.

U.S. Steel has a projected earnings growth rate of 368.9% for the current year. The company’s shares have shot up around 200% in a year.

Olympic Steel has an expected earnings growth rate of 2,362.2% for the current year. The company’s shares have rallied around 94% in the past year.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

United States Steel Corporation (X) : Free Stock Analysis Report

Eastman Chemical Company (EMN) : Free Stock Analysis Report

The Mosaic Company (MOS) : Free Stock Analysis Report

Olympic Steel, Inc. (ZEUS) : Free Stock Analysis Report

To read this article on Zacks.com click here.

EnerSys (NYSE:ENS) has had a rough three months with its share price down 23%. It seems that the market might have completely ignored the positive aspects of the company's fundamentals and decided to weigh-in more on the negative aspects. Fundamentals usually dictate market outcomes so it makes sense to study the company's financials. Particularly, we will be paying attention to EnerSys' ROE today.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.

Check out our latest analysis for EnerSys

How To Calculate Return On Equity?

Return on equity can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for EnerSys is:

9.7% = US$152m ÷ US$1.6b (Based on the trailing twelve months to July 2021).

The 'return' is the income the business earned over the last year. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.10 in profit.

Why Is ROE Important For Earnings Growth?

We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

EnerSys' Earnings Growth And 9.7% ROE

At first glance, EnerSys' ROE doesn't look very promising. A quick further study shows that the company's ROE doesn't compare favorably to the industry average of 13% either. As a result, EnerSys' flat net income growth over the past five years doesn't come as a surprise given its lower ROE.

As a next step, we compared EnerSys' net income growth with the industry and discovered that the industry saw an average growth of 7.1% in the same period.

Earnings growth is a huge factor in stock valuation. It’s important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if EnerSys is trading on a high P/E or a low P/E, relative to its industry.

Is EnerSys Efficiently Re-investing Its Profits?

EnerSys has a low three-year median payout ratio of 20% (or a retention ratio of 80%) but the negligible earnings growth number doesn't reflect this as high growth usually follows high profit retention.

Moreover, EnerSys has been paying dividends for eight years, which is a considerable amount of time, suggesting that management must have perceived that the shareholders prefer dividends over earnings growth.

Summary

In total, we're a bit ambivalent about EnerSys' performance. While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth. Having said that, looking at current analyst estimates, we found that the company's earnings growth rate is expected to see a huge improvement. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Vancouver, British Columbia–(Newsfile Corp. – September 22, 2021) – Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) ("Pacific Ridge" or the "Company") is pleased to announce that it has completed its maiden diamond drill ("DDH") program at the Kliyul copper-gold porphyry project ("Kliyul" or "Project"), located in the prolific Quesnel Trough in Northwest British Columbia.

Highlights:

All of the drill holes encountered classic copper-gold porphyry-style mineralization consisting of sulphides pyrite, chalcopyrite and lesser bornite in veins and as disseminations.
Mineralization at the Kliyul Main Zone ("KMZ") was successfully extended to the west and to depth.
A new copper skarn prospect was identified approximately 800 m to the southeast of the KMZ.

Description of DDH intercepts

All three holes encountered porphyry-style mineralization consisting of pyrite, chalcopyrite and lesser bornite in veins and as disseminations. Early magnetite-chlorite alteration and veining is cross cut by later-stage banded quartz-magnetite veins as well as later generations of quartz+magnetite+chalcopyrite veining. Later stage veining brings in chalcopyrite+bornite with quartz as well as epidote and/or anhydrite+magnetite. Early magnetite and quartz-magnetite veins are interpreted to represent the higher temperature part of the porphyry system at KMZ. The presence of bornite is also an indication of proximity to the higher temperature core of a porphyry system and is a positive vector towards the core of KMZ.

DDH KLI-21-036: This hole was targeted to test for extensions of mineralized zones encountered at depth during 2006 drilling. The hole ended in a late-mineral intrusion at 449 m but had to be terminated due to the drill pad failing.

Figure 1: Chalcopyrite+pyrite mineralization in KLI-21-036 at 294.50 m

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/5460/97296_40d5379414b00b2d_001full.jpg

DDH KLI-21-037: Targeted to infill and test for extensions of mineralization to the west of KMZ and was terminated at a depth of 579 m. This DDH was successful in extending mineralization to the west and at depth. Porphyry-style veining was observed throughout the entire length of the hole.

Figure 2: Chalcopyrite+pyrite mineralization in KLI-21-037 at 121 m

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/5460/97296_40d5379414b00b2d_002full.jpg

DDH KLI-21-038: This DDH targeted the interpreted centre of the porphyry system and was designed to test for mineralization at depth. The hole ended in mineralization at 516 m but was terminated due to difficult ground conditions.

Figure 3: Chalcopyrite+bornite mineralization at 345.05 m in KLI-21-038

To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/5460/97296_40d5379414b00b2d_003full.jpg

Due to delays caused by forest fires at the beginning of the exploration season and a shortage of experienced drillers, Pacific Ridge was only able to complete 1,544 m of the planned 2,500 m before winter conditions set in. With a shortened season and suboptimal drilling rates, Pacific Ridge focused on the KMZ target and opted to defer testing the Kliyul East and Kliyul West targets (see Figures 4, 5, and 6). Pacific Ridge plans to test these and other targets in 2022. Assay results from the 2021 drill program will be released as soon as they are available.

"Although we weren't able to achieve 2,500 metres of drilling due to wildfires and a lack of experienced drillers, we are very pleased with the drilling that we did complete," said Blaine Monaghan, President & CEO of Pacific Ridge. "Based upon the mineralization styles observed in the 2021 diamond drill cores, we are confident that we will equal or better the historic drilling results from the Kliyul Main Zone. In addition to the Kliyul Main Zone, significant targets remain insufficiently tested at Kliyul. The findings from our maiden 2021 drill campaign will be used to build an expanded drilling program in 2022."

Figure 4: Plan view of 2021 drill holes and significant, historic drill intercepts (see Table 1)

To view an enhanced version of Figure 4, please visit:
https://orders.newsfilecorp.com/files/5460/97296_40d5379414b00b2d_004full.jpg

Figure 5: Plan view of 2021 drill holes, significant, historic drill intercepts (see Table 1), and colour-contoured IP chargeability inversion

To view an enhanced version of Figure 5, please visit:
https://orders.newsfilecorp.com/files/5460/97296_40d5379414b00b2d_005full.jpg

Figure 6: Cross-section of 2021 drill holes and significant, historic drill intercepts (see Table 1)

To view an enhanced version of Figure 6, please visit:
https://orders.newsfilecorp.com/files/5460/97296_40d5379414b00b2d_006full.jpg

Table 1

Significant, historic drill intercepts

Ref	Hole	From (m)	To (m)	Width (m)	Cu (%)	Au (gpt)	CuEQ (%)*	AuEQ (gpt)*
A	KL-5	10.8	68.3	57.5	0.32	0.99	1.38	1.29
B	KL-6	30.1	78.9	48.8	0.31	1.33	1.73	1.62
C	KL-7	20	71	51	0.17	1.19	1.44	1.35
D	KL-93-4	46	102	56	0.34	0.89	1.29	1.21
E	KL-93-5	16	76	60	0.26	1.34	1.69	1.58
F	KL06-30	22	239.8	217.8	0.23	0.52	0.79	0.74
G	KL06-31	346	378	32	0.21	0.62	0.87	0.82
H	KLI-15-34	37.5	90	52.5	0.24	0.17	0.42	0.39
I	KLI-15-34	123	368	245	0.18	0.53	0.75	0.70
J	Including	280.6	301	20.4	0.39	2.55	3.11	2.91
K	KLI-15-34	426	465.7	39.7	0.2	0.66	0.91	0.85
L	KLI-15-35	331	380	49	0.16	0.22	0.40	0.37
M	KLI-15-35	399.5	462.8	63.3	0.26	0.28	0.56	0.52
N	Including	414	433.5	19.5	0.43	0.56	1.03	0.96
O	KLI-15-35	474.7	502	27.3	0.11	0.18	0.30	0.28
P	KLI-15-33	32.5	194.9	162.4	0.2	0.26	0.48	0.45

*CuEQ = ((Cu(%) x $2.25 x 22.0642) + (Au(gpt) x $1,650 x 0.032151)) / ($2.25 x 22.0642)
*AuEQ = ((Cu(%) x $2.25 x 22.0642) + (Au(gpt) x $1,650 x 0.032151)) / ($1,650 x 0.032515)

New copper skarn prospect

The 2021 property-scale mapping program discovered a previously unmapped copper skarn prospect, located approximately 800 m southeast of mineralization encountered in drilling at KMZ, which presents as chalcopyrite+bornite mineralized garnet-porphyroblastic marble within a carbonate sedimentary package. Outcropping mineralization is located at a break in the slope and extends over an approximate 20 m strike-length and has a minimum mapped thickness of approximately 1 m. True thickness is unknown due to talus cover. This prospect is located along a northwest trend of porphyry targets and favourable alteration, as further described in the section below. Numerous copper-gold porphyry systems worldwide are associated with skarn and carbonate-replacement deposits both distal and proximal to porphyry mineralization, thus this carbonate-hosted prospect represents an attractive target.

About the Kliyul Project

Over 60 km² in size, Kliyul is located 50 km southeast of Centerra Gold Inc's Kemess mine and 5 km from the Omineca mining road (see Figure 7) in one of the most geochemically anomalous areas for copper and gold in the Quesnel Terrane. The Project contains five main target areas: KMZ, Bap Ridge, Ginger, M39, and Paprika (see Figure 8), each representing an interpreted porphyry centre within a 4 km northwest-trending strike length. KMZ is the most intensely explored with 33 drill holes (5,524 m) drilled since 1974, most of which targeted a near-surface copper-gold magnetite zone (drill holes KL-5 to KL-93-5). Deeper drilling during 2006 and 2015 encountered a porphyry copper-gold system (drill holes KL06-30 to KL-15-35).

The Project displays classic copper-gold porphyry patterns of alteration and mineralization. Geological interpretation, supported by geophysical surveys (IP, ground and aeromagnetics and magnetotellurics), suggests there is significant potential to expand the known dimensions of the Kliyul mineralized system.

Figure 7: Kliyul copper-gold porphyry project location

To view an enhanced version of Figure 7, please visit:
https://orders.newsfilecorp.com/files/5460/97296_40d5379414b00b2d_007full.jpg

Figure 8: Kliyul target areas

To view an enhanced version of Figure 8, please visit:
https://orders.newsfilecorp.com/files/5460/97296_pacifi2.jpg

Kliyul option agreement

Pacific Ridge has the right to earn a 51% interest in the Kliyul and Redton projects from Aurico Metals Inc., a wholly owned subsidiary of Centerra Gold Inc., by making cash payments totaling $100,000, issuing 2.0 million shares and spending $3.5 million on exploration by December 31, 2023. The Company then has the right to increase its interest in the properties to 75% by making additional payments totaling $60,000, issuing 1.5 million shares and completing an additional $3.5 million in exploration by December 31, 2025.

About Pacific Ridge

Our goal is to become one of the leading copper-gold exploration companies in British Columbia. Pacific Ridge's flagship project is the Kliyul copper-gold project, located in the Quesnel Trough, approximately 50 km southeast of Centerra Gold's Kemess mine. In addition to Kliyul, the Company's project portfolio includes the RDP copper-gold project and the Redton copper-gold project, both located in British Columbia. Pacific Ridge will continue to search for projects that offer discovery opportunity in our regions of expertise.

On behalf of the Board of Directors,

"Blaine Monaghan"

Blaine Monaghan
President & CEO
Pacific Ridge Exploration Ltd.

Corporate Contact:
Blaine Monaghan
President & CEO
Tel: (604) 687-4951
www.pacificridgeexploration.com
https://www.linkedin.com/company/pacific-ridge-exploration-ltd-pex-
https://twitter.com/PacRidge_PEX

Investor Contact:
G2 Consultants Corp.
Telephone: +1 778-678-9050
Email: ir@pacificridgeexploration.com

¹Copper equivalent (CuEQ) is equal to ((Cu (per cent) multiplied by $2.25 multiplied by 22.0642) plus (Au (g/t) multiplied by $1,650 multiplied by 0.032151)) divided by ($2.25 multiplied by 22.0642).

The technical information contained within this News Release has been reviewed and approved by Gerald G. Carlson, Ph.D., P.Eng., Executive Chairman of Pacific Ridge and Qualified Person as defined by National Instrument 43-101 policy.

Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling and other activities and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. Forward-looking statements in this news release include statements regarding testing Kliyul East and Kliyul West in 2022, an expanded drill program in 2022, confidence that the drill results from the 2021 drill program will equal or better historical drill results, and the potential to significantly expand the size of the Kliyul mineralized system, including the main porphyry mineralizer. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, that one of the options will be exercised, the ability of Pacific Ridge and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97296

Teck Resources Ltd TECK has lowered the annual steelmaking coal and refined Zinc production guidance 2021, due to the forest fire incident in British Columbia, which hurt the company’s third-quarter operations.

In August, Teck’s Trail Operations metallurgical facility was impacted by wildfire smoke following which, Trail’s oxygen plant was temporarily shut down due to the poor air quality. On Aug 13, Trail’s oxygen plants resumed operations. However, the plant closure negatively impacted the company’s zinc production, as a result of which, the company now expects 2021 zinc production to be between 285,000 tons and 290,000 tons, lower from the prior range of 290,000 to 300,000 tons.

The refined zinc production for the third quarter is expected between 72,000 tons and 75,000 tons. The company produced 76,000 tons refined zinc in third-quarter 2020.

On Aug 14, Teck suspended its Highland Valley Copper (HVC) operations for a period of four days due to the wildfire evacuation order issued by the District of Logan Lake. As copper production was not impacted significantly, the company maintained its HVC annual contained copper production guidance at 128,000 to 133,000 tons. However, the shipment timing of copper concentrate from HVC has been impacted due to the wildfires and logistics troubles.

The wildfire mishap has also impacted the company’s steelmaking coal business. Teck, hence, had incorporated the impact in the steelmaking coal segment’s third-quarter sales volume and annual production guidance provided in the second-quarter’s earnings call. The segment’s sales are expected between 5.7 million tons and 6.1 million tons for the third quarter.

The company projects steelmaking coal production between 25 million tons and 26 million tons in 2021. Additionally, the annual steelmaking coal production at the Elk Valley operation is likely to be impacted by the incident, coupled with increased labor absence related to the COVID-19 protocols.

Teck has lowered the third-quarter sales guidance for zinc concentrate at Red Dog operation, due to the weather and ice situations as well as weather-induced shipping delays in July and August. The company now expects third-quarter contained zinc sales in the band of 145,000-155,000 tons, down from the prior estimate of 180,000-200,000 tons. Though the company is facing shipping shortages in the third quarter, management expects to ship all Red Dog zinc concentrates during the current shipping season assuming normal weather conditions.

Teck continues to implement its innovation-driven efficiency program, RACE21, which is expected to improve proficiency and productivity across the business. Savings from this program will likely offset cost inflation, supply-related challenges, higher labor costs and lower production.

Price Performance

The company’s shares have gained 27.9% so far this year, as against the industry’s decline of 1.3%.

Image Source: Zacks Investment Research

Zacks Rank & Stocks to Consider

Teck currently carries a Zacks Rank #3 (Hold).

Better-ranked stocks in the basic materials space include Avient Corp. AVNT, The Mosaic Co. MOS and Veritiv Corp. VRTV, each sporting a Zacks Rank #1 (Strong Buy), currently. You can see the complete list of today’s Zacks #1 Rank stocks here.

Avient has a projected earnings growth rate of 75% for 2021. The company’s shares have gained 17.7%, so far this year.

Mosaic has an estimated earnings growth rate of 472.9% for the current year. So far this year, the company’s shares have appreciated 40.1%.

Veritiv has an estimated earnings growth rate of 215% for the current year. The company’s shares have soared 320.1%, year to date.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

The Mosaic Company (MOS) : Free Stock Analysis Report

Veritiv Corporation (VRTV) : Free Stock Analysis Report

Teck Resources Ltd (TECK) : Free Stock Analysis Report

Avient Corporation (AVNT) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

VANCOUVER, British Columbia, September 22, 2021–(BUSINESS WIRE)–Fancamp Exploration Ltd. ("Fancamp" or the "Corporation") (TSX Venture Exchange: FNC) is pleased to announce that Mr. Greg Ferron has been appointed to its Board of Directors (the "Board"), effective immediately. As previously announced, Mr. Ferron has replaced Mr. Paul Ankcorn, who has stepped down from the Board.

Mr. Ferron has 20 years of mining industry and capital markets experience, and is the former director and CEO of Treasury Metals Inc. Previously, he held various corporate finance, corporate development and investor relations roles, including Laramide Resources Ltd., Treasury Metals, TMX Group, and Scotiabank. Mr. Ferron has diverse M&A experience completing joint ventures, project acquisitions, asset sales and project divestitures, including Laramide's Westwater ISR project acquisition and Treasury's merger with the Goldlund Gold Project, creating one of Canada’s largest gold developers. He currently serves on the board of directors at Platinex Inc. and provides corporate development and advisory services to mining clients.

"We are pleased to have Mr. Ferron join our Board and look forward to his contributions," said Mr. Mark Billings, Chairman of the Board. "Drawing on his years of experience, Mr. Ferron will be a key player in helping Fancamp advance its strategic plan. I am confident he will be an outstanding director who makes the interests of our shareholders a priority."

"We would also like to thank Mr. Ankcorn for his exceptional service on our Board. Fancamp benefitted greatly from Mr. Ankcorn’s dedication and leadership, and it has been a privilege to work closely and serve alongside him," added Mr. Billings.

"I am delighted to join the Fancamp Board," said Mr. Ferron. "With their commitment to delivering shareholder value and growing the business through exploration properties, titanium technology and strategic alternatives, shareholders should be excited about Fancamp’s bright future. I look forward to supporting Rajesh and working with my fellow directors as well as our advisory members and shareholders to build our business for growth."

Mr. Ferron’s appointment comes after an agreement that further aligns the interests of shareholders with the Board and management. As part of the agreement, Fancamp also terminated the ScoZinc transaction for a private placement, which will allow the Corporation to benefit from ScoZinc’s production potential and corporate upside, and following the annual general meeting ("AGM"), the Board will advance the Corporation’s strategic plan.

Vote Your Gold Proxy Today

Shareholders are encouraged to continue voting on the GOLD proxy FOR Fancamp’s director nominees. Fancamp remains committed to holding the AGM as soon as possible and will advise shareholders of a new date in due course.

If you have any questions or need help voting, please contact Kingsdale Advisors at 1-800-749-9890 or contactus@kingsdaleadvisors.com.

Advisors

Lavery, de Billy, L.L.P. and Goodmans LLP are serving as legal advisor to Fancamp. Harris & Company LLP is serving as litigation counsel to Fancamp. Kingsdale Advisors is acting as strategic shareholder and communications advisor to Fancamp. Koffman Kalef LLP is serving as legal advisor to the Special Committee.

About Fancamp Exploration Ltd. (TSX-V: FNC)

Fancamp is a growing Canadian mineral exploration corporation dedicated to its value-added strategy of advancing mineral properties through exploration and development. The Corporation owns numerous mineral resource properties in Quebec, Ontario and New Brunswick, including gold, rare earth metals, strategic and base metals, zinc, chromium, titanium and more. Fancamp is also building on the industrial possibilities inherent in dealing with some of these materials, notable being the development of its Titanium technology strategy. It has recently announced the acquisition of ScoZinc, a Canadian exploration and mining corporation that has full ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia, as well as several prospective exploration licenses in surrounding regions. The Corporation is managed by a new and focused leadership team with decades of mining, exploration and complementary technology experience.

Forward-looking Statements

This news release includes certain statements which are not comprised of historical facts and that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements include estimates and statements that describe Fancamp’s future plans, objectives or goals, including words to the effect that Fancamp or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes," "anticipates," "expects," "estimates," "may," "could," "would," "will," "foresees" or "plan." Since forward-looking statements are based on multiple factors, assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Fancamp, Fancamp provides no assurance that actual results will meet the management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially or simply fail to materialize from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, information and statements relating to the Corporation’s annual general meeting, and objectives, goals or future plans. There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Fancamp’s expectations include, among others, political, economic, environmental and permitting risks, mining operational and development risks, litigation risks, regulatory restrictions, environmental and permitting restrictions and liabilities, the inability of Fancamp to raise capital or secure necessary financing in the future, as well as factors discussed in the section entitled "Risks and Uncertainties" in Fancamp’s management’s discussion and analysis of Fancamp’s financial statements for the period ended January 31, 2021. Although Fancamp has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. Fancamp considers its assumptions to be reasonable based on information currently available, but there can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210922005611/en/

Contacts

Rajesh Sharma, Chief Executive Officer
+1 (604) 434 8829
info@fancamp.ca

Debra Chapman, Chief Financial Officer
+1 (604) 434 8829
info@fancamp.ca

Media
Hyunjoo Kim
Director, Communication, Marketing & Digital Strategy
Kingsdale Advisors
Phone: 416-867-2357
Cell: 416-899-6463
Email: hkim@kingsdaleadvisors.com

VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) — HUDSON RESOURCES INC. (“Hudson” or the “Company”) (TSX Venture Exchange “HUD”; OTC “HUDRF”) is pleased to announce results of independent metallurgical testwork conducted on the high-grade Nukittooq niobium-tantalum project in Greenland which is owned 100% by Hudson Resources Inc. The testwork, conducted by SGS Canada Inc. in its Lakefield, Ontario facility, under the supervision of Hudson’s senior consulting metallurgist, John Goode, achieved a niobium (Nb) concentrate assaying 55.3% Nb₂O₅at a 66.6% global recovery along with 65% of the tantalum (Ta).

A Composite sample used in the metallurgical test program assayed 22.3% Nb₂O₅ and 0.3% Ta₂O₅. The Composite sample was comprised of thirty-five samples collected from the Nukittooq project in September 2020 which averaged 19.35% Nb₂O₅ over 112 meters (see NR2020-15). The Nukittooq deposit has some of the highest reported niobium assays in the industry.

QEMSCAN analysis indicated that the Composite sample consisted of pyrochlore (37.3%) (including traces of tentatively identified columbite), aegirine (33.3%), K-feldspars (21.9%), biotite (5.4%), and trace amounts of other minerals (ca. 2%). The major gangue elements in the Composite sample were 36.7% SiO₂, 11.5% Fe₂O₃, and 4.27% K₂O. Rare earth minerals (REM) including synchysite/parisite and bastnaesite were also present in trace amounts.

Jim Cambon, President commented: “We are very encouraged by the success of the metallurgical program and the ability to produce a very high-value niobium-tantalum concentrate with recoveries in line with or above current producers. Our goal is to define significant tonnage and rapidly advance the project where we can ship a concentrate out of Greenland for toll processing. We will continue to advance the metallurgical program and plan to commence a drill program in 2022 to outline economic tonnages along the 500m strike length of this exciting target.”

The metallurgical testwork methods conducted by SGS demonstrated the following:

Wet high-intensity magnetic separation (WHIMS)
- Conducted at 5,000 Gauss on the Composite sample ground to 80% passing 144 µm removed 48% of the aegirine with 8.5% niobium loss. K-feldspar generally followed pyrochlore to the non-magnetic products.

Gravity concentration
- This showed limited effectiveness. However, the use of WHIMS together with a Mozley shaking table on the non-magnetic fraction showed some promise. A combined niobium concentrate assaying 55.6% Nb₂O₅ at 47.6% global recovery was produced.

Flotation
- Seven open-circuit flotation tests were performed on stage-ground and deslimed feed material. These tests examined a number of procedures, depressants and collectors. SGS’s extensive experience with pyrochlore flotation allowed rapid development of a circuit comprising WHIMS for early rejection of aegirine followed by rougher flotation using a blend of Aero6494+F3900+Pb²⁺ which selectively floated pyrochlore from K-feldspar.
- The rougher concentrate was divided into coarse and fine fractions and separate roughing and cleaning systems, using an amine collector, applied to each stream. The combined niobium concentrate contained 55.3% Nb₂O₅ at 66.6% global recovery.

Hudson owns 100% of the high-grade Nukittooq niobium-tantalum project and the Sarfartoq rare earth element (“REE”) project which are both located on the Sarfartoq exploration license in southwestern Greenland. The Sarfartoq REE project has a 43-101 indicated and inferred resource outlining 35,000 tonnes of neodymium oxide plus praseodymium oxide, the two key components in permanent magnets driving the green revolution. The Nukittooq niobium-tantalum project has some of the highest reported niobium assays in the industry with potential to extend the strike length of this largely unexplored target. Hudson also has a 31.1% equity interest in the White Mountain anorthosite mine and rights to acquire 100%.

J.R. Goode, P. Eng., is a Qualified Person, as defined by National Instrument 43-101, and reviewed the preparation of the metallurgical and technical information in this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

“Jim Cambon”

President and Director

For further information:
Ph: 604-628-5002

Forward-Looking Statements
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”.

Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, an inability to complete the Offering on the terms or on the timeline as announced or at all, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

VANCOUVER, BC, Sept. 22, 2021 /CNW/ – South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV: STS) (OTCQB: STSBF), along with its technological partner in the United States ("US Lab"¹), are pleased to announce the latest life cycle testing results for the first 75 cycles (charging & discharging) in CR2016 LiB coin cells constructed with anode material (coated spherical purified graphite) produced from the Santa Cruz Graphite Project. Several battery cells were constructed as part of the ongoing optimization and testing program, and all the cells continue to have an extremely flat discharge pattern without noticeable degradation over the current testing period.

One cycle consists of 10 hours of charge and 10 hours of discharge, therefore 75 cycles equals approximately 1,500 hours total. South Star's testing program continues and will include a minimum of 100 cycles for each of the LiB cells. Upcoming work also includes downstream processing flowsheet optimizations and validation. (Refer to August 30^th, 2021 press release for results from initial 35 cycles.)

In addition, South Star has successfully completed 4-Point resistivity testing (4T) for use in Electrolytic Manganese Dioxide (EMD) for evaluating conductivity enhancement material used in cathodes of primary alkaline batteries. The Santa Cruz material tested was made of the purified graphite rejects from the spheronization process and confirmed that purified flake graphite from the Santa Cruz project is significantly more conductive than industry-leading material currently in use. With the alkaline battery market producing over 12 billion batteries annually and a global market value in excess of US$7.5B in 2020, this application could potentially develop into a key market for South Star.

"We continue to announce robust battery testing results while advancing towards production in 2022," commented Richard Pearce, President and CEO of South Star. "The cycle testing with anodes produced using Santa Cruz graphite in CR2016 LiB batteries continues to be very stable with little degradation throughout 75 cycles and maintaining reversible capacity on the order of 345 – 346 mAh/g through cycle 75. This equates to a degradation through 75 cycles of approximately 2 percent, which is an excellent outcome for our program.

The high-quality conductivity enhancement material for alkaline batteries markets is also very exciting. In essence, our purified graphite is extremely conductive allowing alkaline battery manufacturers to potentially reduce the required amount of graphite used as conductivity enhancement material in the cathode and instead increase the energy density to make a longer-lasting alkaline cell. The market is large and growing, and our material has proven to be very high-quality. It also requires approximately 8 to 9 months to qualify this material, which is significantly faster than in the EV markets while offering robust margins similar to the EV space. We continue to evaluate several potential markets to sell 100% of our production and develop a diversified portfolio of high value-add materials with good margins."

Santa Cruz Product Information Bulletins (PIBs) with technical information for the portfolio of products, safety data sheets (SDSs) and marketing materials have been prepared and are being distributed to our existing partners and potential clients. Samples of value-add products including micronized & purified graphite, expanded & expandable graphite, as well are as coated and uncoated SPG will also be produced and available for testing.

Key Management and Board Changes

South Star is pleased to announce the appointment of Ms. Samantha Shorter to the role of CFO in place of Mr. Bennett Liu, who has resigned to pursue other opportunities. Ms. Shorter is a senior finance and accounting professional with 15 years of experience in the mineral exploration sector and has served as CFO of various junior mining companies. She has extensive international experience with development projects as well as operating assets. Ms. Shorter was also previously employed as an audit manager at a major Canadian accounting firm specializing in the mining industry and has extensive experience providing financial reporting and corporate services to companies in the mining and mineral exploration industries. Ms. Shorter is a CPA, CA and CIA and holds a Bachelor of Commerce degree with Honours from the University of British Columbia.

South Star is also pleased to announce the appointment of Ms. Priscila Costa Lima to the Board of Directors in place of Mr. Felipe Alves, who has elected to step down to pursue other interests. Ms. Costa Lima is senior finance and accounting professional with 20 years of experience in corporate finance, reporting & audit, and equity & debt financing in the mining and entertainment sectors. Currently she serves as the CFO of BRON Media Corp., and prior to that, she was the Finance Director for Force Four Entertainment (an eOne Entertainment company). Before making the move to the entertainment industry, she worked in the mining / resource sector where she served as the CFO of Marlin Gold Mining Ltd. from 2010 to 2014. Ms. Costa Lima is a Brazilian citizen based in Vancouver, BC. She is a CPA, CMA and holds a BBA in Finance with a joint Major in Economics from Simon Fraser University.

Richard Pearce commented, "On behalf of the Board of Directors and Management, we are pleased to welcome Sam and Priscila to the team and look forward to working with them as we advance to construction, Phase 1 production and subsequent scaling of the operations to a world-class graphite asset. We are excited to add their experience and expertise to our growing team, and they will be key collaborators as we move forward with our plans. We would like to also to thank Felipe and Bennett for their contributions and tireless work ethics over the years. We wish them much success in their new endeavours."

Lithium-Ion Battery Life Cycle Test Results

Purified graphite was successfully micronized using advanced pilot scale mechanical milling system outfitted with two air classification circuits. Once the target sizing geometries were achieved, uncoated SPG was produced by rolling and rounding the micronized graphite into elliptical spheres in a specialized mill. The elliptical shapes are a preferred morphology for higher packing density active loadings in battery electrodes. They are also preferred due to better rate capacities, safer and generally longer-life LiBs. Uncoated SPG was coated with a nanolayer of soft carbon and heat treated under a blanket of inert gas. The hardened coating provides a layer of protection from exfoliation and general degradation during the normal expansion and contraction cycles associated with charging and discharging. The coating also reduces ongoing reactions of electrolytes with the graphitic carbon, which results in a reduced battery life (See June 29^th, 2021 press release for more details).

Next, a copper foil was coated with the anode slurry using the drawdown technique, and the electrode was dried under vacuum and weighed. Finally, the anode was welded to the bottom can of a stainless-steel standard CR2016 coin cell. Three identical coin cells were produced, and testing includes the following: reversible capacity, irreversible capacity, irreversible capacity loss and long-term cycling stability as a function of the elapsed number of charge/discharge cycles.

Figure 1: Santa Cruz LiB Battery Results Through Approximately 75 Cycles (CNW Group/South Star Mining Corp.)

As shown in Figure 1, other notable positive properties of Santa Cruz anode material are that their reversible capacities are at approximately 345 mAh/g thru 75 cycles, which is a degradation of 2 percent. Assuming the current degradation rate continues, Santa Cruz graphite could potentially exceed 500 cycles prior to performance cut-off and potentially provide an interesting alternative to synthetic graphite, which has significantly higher costs, higher environmental footprint and is a product derived from petroleum.

Figure 2 presents the results for Cell 3 through cycles 25, 50 and 75 and confirm that the cells maintain excellent electrochemical performance throughout the current testing attesting to the robust nature of the Santa Cruz natural crystalline flake characteristics as anode material for lithium-ion batteries.

Figure 2: Cell 3 Cycles 25, 50 & 75 Testing Results (CNW Group/South Star Mining Corp.)

Conductivity Enhancement Material for Alkaline Battery Cathodes Test Results

South Star successfully completed 4-Point resistivity testing for Electrolytic Manganese Dioxide (EMD) for evaluating conductivity enhancement material used in cathodes for primary alkaline batteries. The Santa Cruz material tested was made of the purified graphite rejects from the spheronization process with a D50 equal to 7 microns. Compression molded cathode rings made from EMD using Santa Cruz graphite were produced using varying loadings into the EMD. The resistivity was tested using an industry standard 4-point (4T) test where resistivity is determined by Kelvin Bridge and is measured in Ω inch or mΩ·cm. Various pressures were tested to determine the resulting resistivity. The results are presented in Figure 3 and confirm that conductivity enhancement material made from Santa Cruz purified graphite outperformed industry standard expanded graphite and synthetic graphite products. Potentially, purified rejects from the spheronization process could provide lower cost and higher quality alternatives to current industry standard products.

Figure 3: 4T Testing Result (CNW Group/South Star Mining Corp.)

About South Star Battery Metals Corp.

South Star Battery Metals Corp. is Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. South Star's Santa Cruz Graphite Project, located in Southern Bahia, Brazil is the first of a series of industrial and battery metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. Santa Cruz has at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (>30t) has been completed. The results of the testing show that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95-99% Cg. With excellent infrastructure and logistics, South Star is carrying its development plan towards Phase 1 production projected in Q4 2022, pending financing. South Star trades on the TSX Venture Exchange under the symbol STS, and on the OTCQB under the symbol STSBF.

South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, ongoing education and stewardship. To learn more, please visit the Company website at http://www.southstarbatterymetals.com.

This news release has been reviewed and approved by Richard Pearce, P.E., a "Qualified Person" under National Instrument 43-101 and President and CEO of South Star Battery Metals.

On behalf of the Board,

Mr. Richard Pearce
Chief Executive Officer

Twitter: https://twitter.com/southstarbm
Facebook: https://www.facebook.com/southstarbatterymetals
LinkedIn: https://www.linkedin.com/company/southstarbatterymetals/
YouTube: South Star Battery Metals – YouTube

CAUTIONARY STATEMENT

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This news release and the Updated Technical Report contain references to inferred resources. The Report is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.

Forward-Looking Information

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/south-star-battery-metals-announces-successful-results-from-ongoing-cycle-and-value-add-testing-program-strengthening-of-senior-management-team-and-board-changes-301382396.html

SOURCE South Star Mining Corp.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2021/22/c7894.html

TORONTO, Sept. 22, 2021 /PRNewswire/ – Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that the Wheeler River Joint Venture ("WRJV") has approved the initiation of an independent Feasibility Study ("FS" or the "Study") for the In-Situ Recovery ("ISR") mining operation proposed for the Phoenix uranium deposit ("Phoenix" or the "Project"). The Company is also pleased to announce the selection of leading global consulting and engineering firm Wood PLC ("Wood") to lead and author the FS in accordance with Canadian Securities National Instrument 43-101 ("NI 43-101"). View PDF version

David Cates, Denison's President & CEO, commented, "The ISR de-risking activities we've completed since the publication of the Pre-Feasibility Study ('PFS') for Wheeler River in 2018 have been designed to support the completion of a future Feasibility Study, and the results to date have further confirmed the technical viability of the Project – leading to the decision to advance the Project and initiate the formal Feasibility Study process.

During this de-risking phase, we have been able to verify ore-body permeability and the leachability of high-grade uranium in conditions representative of an ISR mining setting. We've also engineered an improved containment design using a more conventional ground freezing approach. Based on the results of field programs and metallurgical lab testing completed over the last three years, we are confident that the Project is ready to advance into a full Feasibility Study. Taken together with the selection of globally recognized engineering firm Wood, the decision to launch the formal Feasibility Study process for Phoenix represents another important step towards achieving our objective of bringing low-cost ISR mining to the high-grade uranium deposits of the
Athabasca Basin."

Feasibility Study

The completion of the FS is a critical step in the progression of the Project and is intended to advance de-risking efforts to the point where the Company and the WRJV will be able to make a definitive development decision. Key objectives of the Study are expected to include:

Environmental Stewardship: Extensive planning and technical work undertaken as part of the ongoing Environmental Assessment ("EA"), including applicable feedback from consultation efforts with various interested parties, is expected to be incorporated into the FS project designs to support our aspiration of achieving a superior standard of environmental stewardship that meets and exceeds the anticipated environmental expectations of regulators and aligns with the interests of local Indigenous communities;
Updated Estimate of Mineral Resources: Mineral resources for Phoenix were last estimated in 2018. Since then, additional drilling has been completed in and around the Phoenix deposit as part of various ISR field tests, including drill hole GWR-045 (22.0% eU₃O₈ over 8.6 metres, see news release dated July 29, 2021), and exploration drilling. The updated mineral resource estimate will form the basis for mine planning in the FS;
Mine Design Optimization: FS mine design is expected to reflect the decision to adopt a freeze wall configuration for containment of the ISR well field (see news release dated December 1, 2020), as well as the results from multiple field test programs and extensive hydrogeological modelling exercises, which have provided various opportunities to optimize other elements of the Project – including well pattern designs, permeability enhancement strategies, and both construction and production schedules;
Processing Plant Optimization: FS process plant design is expected to reflect the decision to increase the ISR mining uranium head-grade to 15 g/L (see news release dated August 4, 2021), as well as the results from extensive metallurgical laboratory studies designed to optimize the mineral processing aspects of the Project; and
Class 3 Capital Cost Estimate: The FS is also intended to provide the level of engineering design necessary to support a Class 3 capital cost estimate (AACE international standard with an accuracy of -15% /+25%), which is expected to provide a basis to confirm the economic potential of the Project highlighted in the PFS completed in 2018 (see news release dated September 24, 2018).

Wood PLC

Wood is a global leader in consulting and engineering across energy and the built environment, helping to unlock solutions to some of the world's most critical challenges. Wood provides consulting, project and operational solutions in more than 60 countries and employs around 40,000 people. Importantly, Wood's Saskatchewan-based team has significant experience in ISR mining projects as well as large-scale uranium, potash and solution mining projects. For more information about Wood, please visit www.woodplc.com.

About Wheeler River

Wheeler River is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region, in northern Saskatchewan – including combined Indicated Mineral Resources of 132.1 million pounds U₃O₈ (1,809,000 tonnes at an average grade of 3.3% U₃O₈), plus combined Inferred Mineral Resources of 3.0 million pounds U₃O₈ (82,000 tonnes at an average grade of 1.7% U₃O₈). The project is host to the high-grade Phoenix and Gryphon uranium deposits, discovered by Denison in 2008 and 2014, respectively, and is a joint venture between Denison (operator) and JCU (Canada) Exploration Company Limited. Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU).

A PFS was completed for Wheeler River in 2018, considering the potential economic merit of developing the Phoenix deposit as an ISR operation and the Gryphon deposit as a conventional underground mining operation. Taken together, the project is estimated to have mine production of 109.4 million pounds U₃O₈ over a 14-year mine life, with a base case pre-tax NPV of $1.31 billion (8% discount rate), Internal Rate of Return ("IRR") of 38.7%, and initial pre-production capital expenditures of $322.5 million. The Phoenix ISR operation is estimated to have a stand-alone base case pre-tax NPV of $930.4 million (8% discount rate), IRR of 43.3%, initial pre-production capital expenditures of $322.5 million, and industry leading average operating costs of US$3.33/lb U₃O₈. The PFS is prepared on a project (100% ownership) and pre-tax basis, as each of the partners to the Wheeler River Joint Venture are subject to different tax and other obligations.

Further details regarding the PFS, including additional scientific and technical information, as well as after-tax results attributable to Denison's ownership interest, are described in greater detail in the NI 43-101 Technical Report titled "Pre-feasibility Study for the Wheeler River Uranium Project, Saskatchewan, Canada" dated October 30, 2018 with an effective date of September 24, 2018. A copy of this report is available on Denison's website and under its profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.shtml.

Denison suspended certain activities at Wheeler River during 2020, including the EA process, which is on the critical path to achieving the project development schedule outlined in the PFS. While the EA process has resumed, the Company is not currently able to estimate the impact to the project development schedule outlined in the PFS, and users are cautioned against relying on the estimates provided therein regarding the start of pre-production activities in 2021 and first production in 2024.

About Denison

Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. In addition to its effective 95% interest in the Wheeler River project, Denison's interests in the Athabasca Basin include a 22.5% ownership interest in the McClean Lake joint venture, which includes several uranium deposits and the McClean Lake uranium mill that is contracted to process the ore from the Cigar Lake mine under a toll milling agreement, plus a 25.17% interest in the Midwest Main and Midwest A deposits, and a 66.90% interest in the Tthe Heldeth Túé ("THT," formerly J Zone) and Huskie deposits on the Waterbury Lake property. The Midwest Main, Midwest A, THT and Huskie deposits are each located within 20 kilometres of the McClean Lake mill.

Through its 50% ownership of JCU, Denison holds additional interests in various uranium project joint ventures in Canada, including the Millennium project (JCU 30.099%), the Kiggavik project (JCU 33.8123%) and Christie Lake (JCU 34.4508%).

Denison is also engaged in mine decommissioning and environmental services through its Closed Mines group (formerly Denison Environmental Services), which manages Denison's Elliot Lake reclamation projects and provides post-closure mine care and maintenance services to a variety of industry and government clients.

Follow Denison on Twitter @DenisonMinesCo

Qualified Persons

The technical information contained in this release has been reviewed and approved by Mr. David Bronkhorst, P.Eng, Denison's Vice President, Operations and Mr. Andrew Yackulic, P. Geo., Denison's Director, Exploration, who are Qualified Persons in accordance with the requirements of NI 43-101.

Cautionary Statement Regarding Forward-Looking Statements

Certain information contained in this news release constitutes 'forward-looking information', within the meaning of the applicable United States and Canadian legislation, concerning the business, operations and financial performance and condition of Denison.

Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'expects', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes', or the negatives and/or variations of such words and phrases, or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur', 'be achieved' or 'has the potential to'.

In particular, this news release contains forward-looking information pertaining to the following: initiation of the FS; the selection and appointment of Wood to author the FS; the planned scope, elements, and objectives of the FS, including the plans for an updated mineral resource estimate, mine design optimization processing plant optimization and Class 3 capital cost estimate; other evaluation activities, objectives and expectations, including the ongoing EA and related processes; the results of the PFS and expectations with respect thereto, including the designs disclosed to-date and the ability to maintain or build upon such designs;; other development and expansion plans and objectives; and expectations regarding its joint venture ownership interests and the continuity of its agreements with its partners and third parties.

Forward looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Denison to be materially different from those expressed or implied by such forward-looking statements. For example, the modelling and assumptions upon which the work plans are based may not be maintained after further testing or be representative of actual conditions within the Phoenix deposit. In addition, Denison may decide or otherwise be required to discontinue its field test activities or other testing, evaluation and development work at Wheeler River if it is unable to maintain or otherwise secure the necessary resources (such as testing facilities, capital funding, regulatory approvals, etc.) or operations are otherwise affected by COVID-19 and its potentially far-reaching impacts. Denison believes that the expectations reflected in this forward-looking information are reasonable but no assurance can be given that these expectations will prove to be accurate and results may differ materially from those anticipated in this forward-looking information. For a discussion in respect of risks and other factors that could influence forward-looking events, please refer to the factors discussed in Denison's Annual Information Form dated March 26, 2021 or subsequent quarterly financial reports under the heading 'Risk Factors'. These factors are not, and should not be construed as being exhaustive.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Any forward-looking information and the assumptions made with respect thereto speaks only as of the date of this news release. Denison does not undertake any obligation to publicly update or revise any forward-looking information after the date of this news release to conform such information to actual results or to changes in Denison's expectations except as otherwise required by applicable legislation.

Cautionary Note to United States Investors Concerning Estimates of Mineral Resources and Mineral Reserves: This press release may use terms such as "measured", "indicated" and/or "inferred" mineral resources and "proven" or "probable" mineral reserves, which are terms defined with reference to the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") CIM Definition Standards on Mineral Resources and Mineral Reserves ("CIM Standards"). The Company's descriptions of its projects using CIM Standards may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder. . United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable.

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/denison-announces-decision-to-advance-wheeler-river-to-feasibility-study-stage-and-selection-of-wood-plc-as-independent-lead-author-301382301.html

SOURCE Denison Mines Corp.

Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback the hedge funds employing these talents and can benefit from their vast resources and knowledge in that way. We analyze quarterly 13F filings of nearly 900 hedge funds and, by looking at the smart money sentiment that surrounds a stock, we can determine whether it has the potential to beat the market over the long-term. Therefore, let’s take a closer look at what smart money thinks about Freeport-McMoRan Inc. (NYSE:FCX).

Is Freeport-McMoRan Inc. (NYSE:FCX) the right investment to pursue these days? Prominent investors were getting more bullish. The number of bullish hedge fund bets advanced by 8 lately. Freeport-McMoRan Inc. (NYSE:FCX) was in 76 hedge funds' portfolios at the end of the second quarter of 2021. The all time high for this statistic is 68. This means the bullish number of hedge fund positions in this stock currently sits at its all time high. Our calculations also showed that FCX isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings).

Hedge funds' reputation as shrewd investors has been tarnished in the last decade as their hedged returns couldn't keep up with the unhedged returns of the market indices. Hedge funds have more than $3.5 trillion in assets under management, so you can't expect their entire portfolios to beat the market by large margins. Our research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 79 percentage points since March 2017 (see the details here). So you can still find a lot of gems by following hedge funds' moves today.

Matthew Hulsizer of PEAK6 Capital

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best EV stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind we're going to go over the key hedge fund action regarding Freeport-McMoRan Inc. (NYSE:FCX).

Do Hedge Funds Think FCX Is A Good Stock To Buy Now?

At Q2's end, a total of 76 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 12% from the first quarter of 2020. On the other hand, there were a total of 53 hedge funds with a bullish position in FCX a year ago. With hedgies' positions undergoing their usual ebb and flow, there exists an "upper tier" of notable hedge fund managers who were increasing their stakes significantly (or already accumulated large positions).

Among these funds, Fisher Asset Management held the most valuable stake in Freeport-McMoRan Inc. (NYSE:FCX), which was worth $1692.2 million at the end of the second quarter. On the second spot was Diamond Hill Capital which amassed $425.3 million worth of shares. Lansdowne Partners, Duquesne Capital, and Citadel Investment Group were also very fond of the stock, becoming one of the largest hedge fund holders of the company. In terms of the portfolio weights assigned to each position Kadensa Capital allocated the biggest weight to Freeport-McMoRan Inc. (NYSE:FCX), around 14.97% of its 13F portfolio. Napier Park Global Capital is also relatively very bullish on the stock, earmarking 12.12 percent of its 13F equity portfolio to FCX.

As aggregate interest increased, some big names were leading the bulls' herd. Diamond Hill Capital, managed by Matthew Stadelman, created the most outsized position in Freeport-McMoRan Inc. (NYSE:FCX). Diamond Hill Capital had $425.3 million invested in the company at the end of the quarter. Ryan Tolkin (CIO)'s Schonfeld Strategic Advisors also initiated a $22.3 million position during the quarter. The other funds with brand new FCX positions are John Smith Clark's Southpoint Capital Advisors, Ryan Caldwell's Chiron Investment Management, and Matthew Hulsizer's PEAK6 Capital Management.

Let's also examine hedge fund activity in other stocks – not necessarily in the same industry as Freeport-McMoRan Inc. (NYSE:FCX) but similarly valued. These stocks are Ambev SA (NYSE:ABEV), BioNTech SE (NASDAQ:BNTX), Aon plc (NYSE:AON), IDEXX Laboratories, Inc. (NASDAQ:IDXX), General Dynamics Corporation (NYSE:GD), Takeda Pharmaceutical Company Limited (NYSE:TAK), and Enterprise Products Partners L.P. (NYSE:EPD). This group of stocks' market caps match FCX's market cap.

[table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position ABEV,18,301004,0 BNTX,20,579146,2 AON,68,8129736,-4 IDXX,39,3576489,-10 GD,37,6235948,6 TAK,19,551214,0 EPD,28,246056,2 Average,32.7,2802799,-0.6 [/table]

View table here if you experience formatting issues.

As you can see these stocks had an average of 32.7 hedge funds with bullish positions and the average amount invested in these stocks was $2803 million. That figure was $3870 million in FCX's case. Aon plc (NYSE:AON) is the most popular stock in this table. On the other hand Ambev SA (NYSE:ABEV) is the least popular one with only 18 bullish hedge fund positions. Compared to these stocks Freeport-McMoRan Inc. (NYSE:FCX) is more popular among hedge funds. Our overall hedge fund sentiment score for FCX is 90. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. Our calculations showed that top 5 most popular stocks among hedge funds returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 24.1% in 2021 through September 20th and still beat the market by 6.9 percentage points. Unfortunately FCX wasn't nearly as popular as these 5 stocks and hedge funds that were betting on FCX were disappointed as the stock returned -15.8% since the end of the second quarter (through 9/20) and underperformed the market. If you are interested in investing in large cap stocks with huge upside potential, you should check out the top 5 most popular stocks among hedge funds as most of these stocks already outperformed the market since 2019.

Get real-time email alerts: Follow Freeport-Mcmoran Inc (NYSE:FCX)

Suggested Articles:

Disclosure: None. This article was originally published at Insider Monkey.

Follow Insider Monkey on Twitter

TORONTO, September 22, 2021–(BUSINESS WIRE)–Nickel 28 Capital Corp. ("Nickel 28" or the "Company") (TSXV: NKL) (FSE: 3JC) is pleased to announce today the voting results for the election of its board of directors, which took place at the Company’s Annual General and Special Meeting held on September 16, 2021 in Toronto, Ontario, Canada. The number of directors was set at four and all of the nominees listed in the management proxy circular dated August 19, 2021 (the "Circular") were elected as directors of Nickel 28 at the meeting. Detailed results of the votes are set out below:

Election of Directors	Outcome of the Vote
		Votes for (#)	Votes for (%)	Votes withheld (#)	Votes withheld (%)
Justin Cochrane	Elected	12,189,245	94.914%	653,132	5.086%
Anthony Milewski	Elected	12,756,226	99.329%	86,151	0.671%
Maurice Swan	Elected	12,383,203	96.425%	459,174	3.575%
Philip Williams	Elected	12,807,826	99.371%	34,551	0.269%

At the Annual General and Special Meeting, the shareholders of the Company also approved: (i) the re-appointment of Baker Tilly WM LLP as auditor and authorized the directors to fix their remuneration; and (ii) on a disinterested basis, authorized the omnibus long-term incentive plan of the Company, all as more particularly described in the Circular. The voting results on each resolution are set out below:

Set Number of Directors at 4
Outcome of the Vote
	Votes for	Votes against
Carried	12,773,897	68,480
	99.467%	0.533%

Appointment of Auditor
Outcome of the Vote
	Votes for	Votes withheld
Carried	20,992,447	4,816
	99.977%	0.023%

Approval of Omnibus Long-Term Incentive Plan
Outcome of the Vote *
	Votes for	Votes against
Carried	9,386,049	714,488
	92.926%	7.074%

* Excluding an aggregate of 2,740,040 common shares voted at the Meeting that are beneficially owned by insiders of the Company in accordance with the rules of the TSX Venture Exchange.

Omnibus Long-Term Incentive Plan Amendments

In connection with the Meeting, the Company also adopted certain clarifying amendments to the Company’s omnibus long-term incentive plan (the "LTIP") approved by the board of directors in accordance with the terms of the LTIP and the authorizing resolution of shareholders approved at the Meeting. Specifically, the Company has amended the LTIP to clarify that: (a) any awards granted prior to becoming an insider of the Company are included in the calculation of the insider limitations under the rules of the TSX Venture Exchange ("TSXV") contained in the LTIP; (b) the extension of the expiration of any awards that would otherwise expire or settle during a blackout period is for a maximum of 10 days following the lifting of the blackout; (c) in the event of a participant ceasing to be eligible under the LTIP due to resignation, the maximum allowable extension of expiration of any award by the board of directors is one (1) year; (d) awards under the LTIP are both non-assignable and non-transferable other than in case of death (and that the LTIP cannot be amended in this regard while the Company is listed on the TSXV); and (e) any amendment to add or amend provisions relating to the granting of cash-settled awards, provision of financial assistance or clawbacks and any amendment to a cash-settled award, financial assistance or clawbacks provisions would require shareholder approval.

A copy of the amended LTIP will be made available on the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.nickel28.com.

About Nickel 28

Nickel 28 Capital Corp. is a nickel-cobalt producer through its 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain information which constitutes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of applicable Canadian securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to: statements and figures with respect to the operational and financial results; statements with respect to the prospects of nickel and cobalt in the global electrification of vehicles; statements related to the repayment of the Company’s Ramu operating debt; statements related to the production impacts of the Covid-19 pandemic; and statements with respect to the business and assets of the Company and its strategy going forward. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, most of which are beyond the Company’s control. Should one or more of the risks or uncertainties underlying these forward-looking statements materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements.

The forward-looking statements contained herein are made as of the date of this release and, other than as required by applicable securities laws, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. The forward-looking statements contained in this release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210922005779/en/

Contacts

Investor Contact:

Nickel 28 Investor Relations
Justin Cochrane
Tel: 647.846.7765
Email: info@nickel28.com

PERTH, Australia, Sept. 22, 2021 (GLOBE NEWSWIRE) — Wyloo Metals Pty Ltd ("Wyloo Metals") has today submitted a conversion notice to Noront Resources Ltd (TSXV:NOT) ("Noront"), notifying Noront to convert its US$15m convertible loan ("Convertible Loan") into common shares of Noront. Conversion of the loan will increase Wyloo Metals' ownership from 24.2% to approximately 37.3% of the outstanding common shares of Noront.

ABOUT WYLOO METALS

Wyloo Metals is the metals and mining subsidiary of Tattarang, one of Australia's largest private investment groups. Led by a multidisciplinary team of geologists, engineers and financial professionals, Wyloo Metals manages a diverse portfolio of exploration and development projects and cornerstone interests in a number of public and private companies. Wyloo Metals seeks to work closely with all stakeholders to accelerate projects through the development cycle while meeting the highest international environmental, social and governance standards. See more at: www.wyloometals.com.

Wyloo Canada Holdings Pty Ltd ("Wyloo Canada"), a wholly owned subsidiary of Wyloo Metals, currently holds an aggregate of 111,815,458 common shares of Noront, representing approximately 24.2% of the outstanding common shares of Noront. Wyloo Metals will convert its US$15 million Convertible Loan into common shares of Noront on the maturity date of September 30, 2021. At an exchange rate of 0.779 US Dollars per Canadian Dollar¹, Wyloo Canada would acquire an additional 96,269,996 common shares of Noront upon conversion of its Convertible Loan, following which it would hold 208,085,454 common shares of Noront, representing approximately 37.3% of the outstanding common shares of Noront on a partially diluted basis.

Wyloo Canada also holds warrants ("Noront Warrants") to acquire 1,774,664 common shares of Noront at an exercise price of Cdn$0.35 per share. If the Noront Warrants are also fully exercised, Wyloo Canada would hold 209,860,118 common shares of Noront, representing approximately 37.5% of the outstanding common shares of Noront on a partially diluted basis.

DISCLAIMER

Some of the statements in this press release may be forward looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Wyloo Metals does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Wyloo Metals and its affiliate companies be liable to anyone for any decision made or action taken in connection with the information and/or statements in this press release or for any related damages.

This press release is issued pursuant to National Instrument 62-103 — The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed under Noront's profile on SEDAR (www.sedar.com) containing additional information with respect to the foregoing matters. A copy of such report may be obtained by contacting Wyloo Metals at info®wyloometals.com. The address of Wyloo Metals is PO Box 3155, Broadway Nedlands, WA 6009 Western Australia.

^{___________________________}
¹At September 21, 2021

MEDIA CONTACT:

Andrew Bennett
M +61 427 782 503
P +61 8 6460 4949
E abennett@tattarang.com

Trading Symbol TSX V: GTC

VANCOUVER, BC, Sept. 22, 2021 /CNW/ – Getty Copper Inc. (TSXV: "GTC") ("Getty") announces that ,subject to regulatory approval, the Company's board of directors have approved a private placement of up to 3,000,000 units at $ .20 per unit with each unit consisting of 3 flow through common shares, 1 non flow through common share , 3 warrants to purchase flow through shares and 1 warrant to purchase a non flow through common shares (total 4 shares and 4 warrants price equivalent to $.05 for each share with warrant) . Each warrant will be exercisable to purchase an additional common share at $.10 per share for a period of two years from closing subject to the Company's option to accelerate the expiry date of the warrants in the event, at any time subsequent to four months following their issuance, the closing price of the Company's common shares shall exceed $.20 per common share for 10 consecutive trading days.

The Company will pay a finders fee to registered investment dealers or exempt market dealers of up to 8% of the proceeds and will issue finders warrants equal to 8% of the number of shares comprising the units sold to parties introduced by the finder. The finders warrants will be exercisable for a period of 12 months to purchase a non flow through common share at $.10 per share.

The proceeds of the placement will be used to complete work programs on the Company's Getty properties in the Highland Valley and for general corporate purposes.

ON BEHALF OF THE BOARD OF DIRECTORS

John Lepinski, CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release

SOURCE Getty Copper Inc.

Cision

View original content: http://www.newswire.ca/en/releases/archive/September2021/22/c9759.html

VANCOUVER, BC / ACCESSWIRE / September 22, 2021 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTC PINK:KDKGF) ("Klondike Gold" or the "Company") is pleased to report results of 2021 Phase 2b diamond drilling at the Lone Star Zone on the Company's wholly owned 586 square kilometer Klondike District Project near Dawson City, Yukon Territory.

Highlights from Phase 2b Lone Star Drilling:

0.35 g/t Au over 150.0 meters from 7.0 meters to 157.0 meters in LS21-397 including
0.74 g/t Au over 38.0 meters from 93.0 meters to 131.0 meters
0.62 g/t Au over 58.0 meters from 156.0 meters to 214.0 meters in LS21-402
0.84 g/t Au over 29.0 meters from 4.0 meters to 33.0 meters in LS21-399

Peter Tallman, Klondike Gold's CEO comments, "At ~200 meters vertical depth, these latest Phase 2b drill results from the Lone Star Zone intersected the deepest gold mineralization yet. In addition, the Lone Star Zone gold mineralization has demonstrated continuity along the downhill slope dip length over 350 meters distance. This is a substantial increase from 200 meters previously. All dimensions remain open, and we will soon be reporting the results of drill testing to the east. All these results will be incorporated into the forthcoming independent Technical Report as we work towards a maiden mineral resource."

PHASE 2 DRILLING

Phase 2 drilling at the Lone Star Zone is complete. Results from the Lone Star area (Phase 2b) tested the downslope and potential down-dip extension of the Lone Star Zone with 13 holes totalling 2,661 meters are reported here. Results from the Lone Star ‘East' area (Phase 2a) tested the potential eastern extension of the Lone Star Zone with 12 holes totalling 1,222 meters, are still pending and due shortly. See Figure 1 for drill targets and Table 1 for assay results on the Phase 2b Drilling on the Lone Star Zone.

See Figure 2 for a simplified cross section across the Lone Star Zone showing continuity of mineralization subparallel to the slope which includes deep hole LS21-397.

Figure 1: Lone Star Zone Target Areas and 2021 Phase 2 Drill Holes.

Figure 2: Cross section with LS21-397 gold intersection from surface to 150 meters vertical depth.

Table 1: Significant Lone Star Zone Drill Phase 2b Mineralization

Hole ID	From (m)	To (m)	Au (g/t)	Length (m)
LS21-391	189.00	198.00	0.48	9.00
LS21-391	189.00	218.00	0.27	29.00
LS21-391	232.00	252.00	0.49	20.00
LS21-396	5.00	10.00	0.72	5.00
LS21-397	7.00	157.00	0.35	150.00
LS21-397	7.00	17.00	0.94	10.00
LS21-397	64.00	82.00	0.53	18.00
LS21-397	93.00	131.00	0.74	38.00
LS21-398	93.83	107.00	0.58	13.17
LS21-399	4.00	33.00	0.84	29.00
LS21-400	117.00	130.00	0.52	13.00
LS21-401	14.00	55.00	0.20	31.00
LS21-402	105.00	124.36	0.60	19.36
LS21-402	156.00	214.00	0.62	58.00
LS21-403	1.52	46.00	0.37	44.48
LS21-403	65.00	80.77	0.47	15.77
LS21-404	139.00	146.00	0.82	7.00
LS21-405	235.00	239.27	0.43	4.27
LS21-406	18.00	34.00	0.41	16.00
LS21-407	22.00	42.00	0.51	20.00
LS21-407	134.00	139.00	0.49	5.00
LS21-407	134.00	172.20	0.24	38.20
LS21-407	158.00	172.20	0.43	14.20

All holes are drilled at 200 azimuth and 55 degree dip. Oriented core data shows sheeted gold quartz veining is structurally uniform at 310 azimuth and 35 degree northeast dip. From this data, drill hole intersections are approximately >90% of true width. Offsets of mineralization within section occur as a result of (oblique to section) offset faults with 30m to 100m approximate displacement.

GEOLOGY UPDATE

A significant deep crustal fault has been identified by mapping comprised of graphitic melange with large pyroxenite blocks or ‘knockers' derived from crustal terranes deep beneath the obducted Klondike Schist. The Lone Star Zone mineralization comprised of gold-bearing sheeted vein zones with locally disseminated gold is developed between this deep crustal fault below and a secondary fault (the Rabbit Creek fault in earlier news releases) more than 1,000 meters away uphill.

PHASE 4 DRILLING AND EXPLORATION UPDATE

A Phase 4 addition to the 2021 drilling program consisting of approximately 12 to 15 holes totalling up to 1,500 meters is underway with holes planned to include testing a new target area located by recent prospecting (see News Release August 24, 2021).

Klondike Gold contracted GeoCloud Analytics of Melbourne, Australia to complete a detailed re-interpretation of the 2019 LIDAR survey data. A detailed interpretation of 10% of the Company's land holdings covering the core Bonanza and Eldorado Creek area has been received. Based upon the identification of abundant new targets, including over 1,200 previously unknown pits or workings as example, the re-interpretation work has been expanded to include the entire district flown with this survey. This work is intended to substantially increase the overall resolution of the original survey and to identify and systematically map key features that will help the Company target additional areas of potential mineralization throughout the Klondike District Project. The work is in progress.

Klondike Gold also contracted LiDAR Services International Inc. to complete a high resolution orthophoto survey over key areas of the Klondike District Project. The survey has been flown with results received and validated. This photo survey is now the base reference datum for ongoing drill work.

SRK Consulting of Toronto have been contracted to prepare a Technical (NI43-101) Report summarizing geology and exploration on the Company's Klondike District Project. Site visit field review has been completed. The report is in progress and is anticipated to be completed for filing by 4Q2021.

2021 ASSAY PROTOCOLS

All 2021 drill holes referenced in this release produced NTW (5.71cm dia.) drill core. Assay samples from drill core are cut using a diamond saw. Half the core sample interval is bagged, tagged, and sealed; the other half is returned to the core box with a corresponding tag and retained for reference. Two gold reference standards, two blank samples (a coarse and a fine), and a coarse sample duplicate per 100 samples, are routinely inserted as part of Klondike Gold's quality assurance / quality control ("QA/QC") program, independent of and additional to the laboratory QA/QC program.

Sample bags are aggregated into rice bags, sealed, and submitted by Klondike Gold personnel to Bureau Veritas Mineral Laboratories ("BV Labs") preparation facility in Whitehorse, YT with chemical analysis of sample pulps completed in Vancouver, British Columbia. Bureau Veritas Labs is an accredited ISO 9001:2008 full-service commercial laboratory.

At BV Labs each drill core sample is crushed to 70% passing 2 mm size. A 500 g subsample is pulverized to 85% passing 75 microns size (200 mesh)(Code PRP70-500). All samples of 500 g were sieved to 106 microns (140 mesh) for "metallic screen" assaying. The +140 mesh fraction is weighed and assayed for gold by fire assay ("FA") fusion with a gravimetric finish (Code FS631). A 30 g subsample of the -140 mesh fraction is assayed for gold by fire assay ("FA") fusion with an atomic absorption ("AA") finish (Code FA430). All over-limit results in excess of 10 ppm (10 g/t) for both silver and gold are re-assayed using a 30 g subsample and assayed by FA with a gravimetric finish (Code FA530-Au/Ag). Total gold grade is then calculated using a weighted average of the plus and minus fraction assay results.

QUALIFIED PERSONS REVIEW

The technical and scientific information contained within this news release has been reviewed and approved by Ian Perry, P.Geo., Vice-President Exploration of Klondike Gold Corp. and Qualified Person as defined by National Instrument 43-101 policy. Detailed technical information, specifications, analytical information and procedures can be found on the Company's website.

COVID-19 UPDATE

Klondike Gold continues to take proactive measures to protect the health and safety of our local host community, our contractors and our employees from COVID 19. Exploration activities in 2021 continue to have additional safety measures in place, following and exceeding all the recommendations made by the Yukon's Chief Medical Officer.

ABOUT KLONDIKE GOLD CORP.

Klondike Gold Corp. is a Vancouver based gold exploration company advancing its 100%-owned Klondike District Gold Project located at Dawson City, Yukon Territory, one of the top mining jurisdictions in the world. The Klondike District Gold Project targets gold associated with district scale orogenic faults along the 55-kilometer length of the famous Klondike Goldfields placer district. To date, multi-kilometer gold mineralization has been identified at both the Lone Star Zone and Stander Zone, among other targets. The Company is focused on exploration and development of its 586 square kilometer property accessible by scheduled airline and government-maintained roads located on the outskirts of Dawson City, YT within the Tr'ondëk Hwëch'in First Nation traditional territory.

ON BEHALF OF KLONDIKE GOLD CORP.

"Peter Tallman"

President and CEO
(604) 609-6138
E-mail: info@klondikegoldcorp.com
Website: www.klondikegoldcorp.com

Disclaimer for Forward-Looking Information

"This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Klondike in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Klondike's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Klondike disclaims any obligation to update or revise any forward-looking information or statements except as may be required."

SOURCE: Klondike Gold Corp.

View source version on accesswire.com:
https://www.accesswire.com/665110/Klondike-Gold-Drills-from-Surface-084-gt-Au-over-290-meters-and-Deepest-Intersection-to-Date-Of-062-gt-Au-over-580-meters-to-214-meters-at-Lone-Star-Zone

PITTSBURGH, Sept. 22, 2021 /PRNewswire/ — CNX Midstream Partners LP ("CNX Midstream," "we" or "our"), a wholly owned subsidiary of CNX Resources Corporation (NYSE: CNX) announced today the settlement and final results of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 6.500% senior notes due 2026 (the "Notes"). The Tender Offer expired at 5:00 p.m., New York City time, on September 21, 2021 (the "Expiration Time").

As of the Expiration Time, $157,677,000 aggregate principal amount of the Notes were validly tendered, as reported by the information agent for the Tender Offer. CNX Midstream accepted for payment all such Notes validly tendered and not validly withdrawn in the Tender Offer and made payment for the Notes on September 22, 2021. CNX Midstream expects to accept for payment all Notes, if any, that remain subject to guaranteed delivery procedures and to make payment for such Notes on September 24, 2021. Concurrently with the launch of the Tender Offer, CNX Midstream gave notice of its intent to redeem, on October 15, 2021, any and all Notes not purchased in the Tender Offer, pursuant to the terms of the indenture governing the Notes, conditioned upon and subject to CNX Midstream's successful completion of its previously announced notes offering of 4.750% senior notes due 2030, which has been satisfied.

CNX Midstream engaged Wells Fargo Securities, LLC to serve as dealer manager for the Tender Offer, and Global Bondholder Service Corporation to serve as the depository, tender and information agent for the Tender Offer.

The complete terms and conditions of the Tender Offer are described in the offer to purchase, dated September 15, 2021, and related notice of guaranteed delivery, copies of which are available at https://www.gbsc-usa.com/cnxm/ or may be requested from the information agent for the Tender Offer, Global Bondholder Service Corporation, by telephone at (866) 470-3700 (toll free) or for banks and brokers, at (212) 430-3774, and by email at contact@gbsc-usa.com.

Persons with questions regarding the Tender Offer should contact the dealer manager for the Tender Offer, Wells Fargo Securities, LLC, at (704) 410-4756 (toll free) or (866) 309-6316.

This press release does not constitute an offer to purchase or the solicitation of an offer to sell the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful.

Forward-Looking Statements

Various statements in this release, including those that express a belief, expectation or intention, may be considered "forward-looking statements" (within the meaning of the federal securities laws) that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. When we use the words "believe," "intend," "expect," "may," "should," "anticipate," "could," "estimate," "plan," "predict," "project," "will" or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release, if any, speak only as of the date of this press release; we disclaim any obligation to update these statements, unless required by securities laws, and we caution you not to rely on them unduly. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

CNX Midstream Partners LP logo (PRNewsfoto/CNX Resources Corporation,CNX…)

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/cnx-midstream-partners-lp-announces-settlement-and-final-results-of-its-previously-announced-tender-offer-for-any-and-all-of-its-outstanding-6-500-senior-notes-due-2026–301383147.html

SOURCE CNX Resources Corporation; CNX Midstream Partners LP

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage — "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."

Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.

A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

Peabody Energy (BTU) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:

A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 2.7%, the stock of this coal mining company is certainly well-positioned in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. BTU meets this criterion too, as the stock gained 102% over the past 12 weeks.

Moreover, the momentum for BTU is fast paced, as the stock currently has a beta of 1.56. This indicates that the stock moves 56% higher than the market in either direction.

Given this price performance, it is no surprise that BTU has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped BTU earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, BTU is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. BTU is currently trading at 0.57 times its sales. In other words, investors need to pay only 57 cents for each dollar of sales.

So, BTU appears to have plenty of room to run, and that too at a fast pace.

In addition to BTU, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Peabody Energy Corporation (BTU) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ), is pleased to announce a fully-subscribed non-brokered private placement (the “Offering”) for aggregate gross proceeds to the Company of approximately C$7.6 million from the sale of the following:

units of the Company (the “Units”) at a price of C$0.07 per Unit;
flow-through units of the Company (the “FT Units”) at a price of C$0.075 per FT Unit; and
FT Units to be sold to charitable buyers (the “Charity FT Units”) at a price of C$0.093 per Charity FT Unit.

Red Cloud Securities Inc. is acting as a finder in connection with the Offering and the majority of the financing is being placed with institutional investors.

Each Unit will be comprised of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (each, a “Warrant”). Each FT Unit and Charity FT Unit will consist of one common share of the Company to be issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (each, a “FT Share”) and one Warrant. Each Warrant will entitle the holder thereof to purchase one common share of the Company (each, a “Warrant Share”) at a price of C$0.10 for a period of 36 months following the closing date of the Offering.

The gross proceeds from the issuance of the FT Shares will be used for “Canadian Exploration Expenses” (within the meaning of the Income Tax Act (Canada)) (the “Qualifying Expenditures”), which will be renounced with an effective date no later than December 31, 2021, to the purchasers of the FT Shares in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each subscriber of FT Shares for any additional taxes payable by such subscriber as a result of the Company’s failure to renounce the Qualifying Expenditures. It is expected that expenditures will largely be focused on the continued development of the East Preston Uranium Project located in the western Athabasca Basin in Saskatchewan, Canada.

The net proceeds from the sale of Units will be used for working capital and general corporate purposes.

The closing of the Offering is expected to occur on or about September 29, 2021 and is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange. Finder’s fees will be payable in accordance with the policies of the TSX Venture Exchange. All securities issuable in connection with the Offering will be subject to a hold period of four months and one day in accordance with applicable securities laws.

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

Azincourt Engages Red Cloud to provide market stabilization and liquidity services

Azincourt further announces that, subject to regulatory approval, it has retained Red Cloud Securities Inc. to provide its market stabilization and liquidity services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (“TSX-V”) and other applicable legislation.

Red Cloud will trade shares of the Company on the TSX-V for the purposes of maintaining a reasonable market and improving the liquidity of Azincourt’s common shares. The agreement between Red Cloud and the Company may be terminated by either party with written notice of 30 days. The Company has agreed to pay Red Cloud $5,000 CDN per month during the term, payable quarterly in advance. The Company and Red Cloud act at arm’s length, but Red Cloud may provide investment banking or other services to the Company and Red Cloud and/or its clients may have an interest, directly or indirectly, in the securities of Azincourt. The agreement is principally for the purposes of maintaining market stability and liquidity for the Company’s common shares and is not a formal market making agreement. There are no performance factors contained in the agreement between Red Cloud and the Company and Red Cloud will not receive any shares or options from the Company as compensation for services it will render.

About Red Cloud Securities Inc.

Red Cloud Securities Inc. is a 100%, principal-owned Canadian based IIROC investment dealer focused in the junior resource sector. Our primary businesses include investment banking, equity research, and market stabilization and liquidity services. Red Cloud was founded by capital markets professionals with extensive experience in the junior mining industry. Our goal is to become the leading global investment boutique in junior resources.

About Azincourt Energy Corp.

Azincourt Energy is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at its majority-owned East Preston uranium project in the western Athabasca Basin, Saskatchewan, Canada, and the Escalera Group uranium-lithium project located on the Picotani Plateau in southeastern Peru.

ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.

“Alex Klenman”
Alex Klenman, President & CEO

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release includes “forward-looking statements”, including forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Azincourt. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially.

For further information please contact:

Alex Klenman, President & CEO
Tel: 604-638-8063
info@azincourtenergy.com

Azincourt Energy Corp.
1430 – 800 West Pender Street
Vancouver, BC V6C 2V6
www.azincourtenergy.com

We like to think that the markets behave rationally. And they perhaps do, over the longer term. But there are many small things that happen day to day, that have an outsized impact on investor confidence.

A case in point is the probable fall of Evergrande, the big Chinese real estate company that got ahead of itself with $300 billion in debt as it sought to expand to around 1,300 projects across 280 Chinese cities, as well as wealth management, electric cars, and food and drink manufacturing. The company is set to make interest payments of $84 million on Thursday, but there are real concerns that it won’t be able to pay, since a severe cash crunch already has it paying its wealth management customers with property.

Okay, now why should that scare investors in the U.S. you might ask. The answer could be in the same supply chains that we have been talking about the past few months, as well as increases/decreases in demand and supply and the related impact on prices that inevitably follow when any big event that disrupts the equilibrium. Credit and financial markets are also somewhat interlinked, so there could be some concerns related to that.

And then of course, there are the Chinese stocks, the largest of which appear to have been impacted by the news. Investors able to handle more risk may consider Chinese stocks, although the SEC continues to discourage these investments, not least because they’re not really holdings in the companies themselves, but really a share in their holding companies under a VIE arrangement, which further adds to risk.

But honestly, Evergrande is a Chinese internal matter, and it does not appear at the moment to be impacting the U.S. in any material way.

The FOMC meeting could also be weighing on sentiments, especially as regards the tapering of the $120 billion-a-month pace of asset purchases and subsequent interest rate hikes. The tapering will precede any interest rate hike but could be delayed given the rate at which delta is spreading.

And going by past indications, we are probably looking at a couple of 25 basis point hikes by the end of 2023, not before. So the upcoming meeting is very likely to be uneventful, or at the most a confirmation of already-known facts. But we’ll have to see if there’s any change of tone.

In the meantime, we can make the most of this volatility by buying some good shares cheap-

Korn Ferry International KFY

Korn Ferry International is one of the world’s largest recruitment firms filling positions in the middle to executive management levels of public and private companies, middle-market and emerging growth companies as well as governmental and not-for-profit organizations. It operates on a retainer basis.

The stock is clearly poised for near-term appreciation given its Zacks #1 (Strong Buy) rank and Momentum Score of A. The fact that it belongs to the Staffing Firms industry (top 19%), is a supportive factor. As economies open up around the world, staffing demand is picking up. This along with the labor crunch in the U.S. makes this segment a great reopening bet.

So the 3.4% price decline in the past week is nothing but an opportunity to grab some shares cheap. And considering the fact that they’re trading at a 14.22X P/E multiple, which is below the S&P’s 20.94X and their own median over the past year of 19.78X, the shares are certainly cheap.

What’s more, the 2021 earnings estimate for KFY moved up from $4.12 to $5.10, an increase of 23.8% in the last 30 days. The 2022 estimate went from $4.60 to $4.89 (up 6.3%) while the current quarter estimate increased 38 cents (38.4%) in the last 30 days. That’s more reason to buy KFY at $71.28 a share.

Nikon Corp. NINOY

Nikon manufactures and sells a broad range of products including imaging products (33% revenue share), precision lithography equipment for front-end semiconductor manufacturing for FPD, LCD and LOLED applications (41% share), medical instruments (14%) and other industrial metrology (12%).

The Zacks Rank #2 (Buy) stock has a Momentum Score of A, indicating near-term upside potential. It also belongs to the Electronics – Manufacturing Machinery industry, which is currently placed in the top 28% of Zacks-classified industries. The U.S. manufacturing segment is extremely strong at the moment, as seen from recent government-released data, which is positive for all players.

Nikon’s numbers further bear out this thesis: the 2021 estimate is up 12 cents (24.0%) in the last 30 days while the 2022 estimate is up 6 cents (9.5%). The current quarter estimate is up 4 cents (40%).

Despite these strengths, the shares lost 4.3% of their value in past week and now trade at a 0.95X P/S, which is between the median value of 0.77X and the high of 0.97X. The S&P is way above at 4.80X.

So at $12.07, they are really worth buying.

Peabody Energy Corp. BTU

Peabody Energy serves metallurgical and thermal coal customers primarily in Arizona, Colorado, New Mexico, Wyoming, Illinois, Indiana and Australia. It has an eye on sustainable mining and clean coal technologies.

The Zacks Rank #2 stock has a Momentum Score of A. It belongs to the Coal industry (top 48% of Zacks-ranked industries). The ongoing strength in the steel industry is also driving demand for and prices of metallurgical coal, which is required to make coking coal used in the blast furnaces of steel producers.

The company’s shares sank 19.0% over the past week and currently trade at a P/S ratio of 0.51X, which is between the median of 0.13X and high of 0.70X over the past year and well below the S&P 500’s 4.80X.

So this looks like a very good time to capture the growth these shares represent: its 2021 estimate went from a loss of -$0.55 a share to a profit of $0.77 a share within the last 30 days. What’s more, the estimate for 2022 also moved from -$0.16 to $0.72 while the current-quarter estimate went from 45 cents to 72 cents.

The shares cost just $13.98 each.

Citi Trends, Inc. CTRN

Citi Trends is a leading value-priced retailer of urban fashion apparel and accessories, as well as a limited assortment of home décor items targeted at fashion conscious African-American men, women and children.

It belongs to the Retail – Apparel and Shoes industry, which is in the top 18% of Zacks-classified industries. The industry is about to enter what promises to be a very strong selling season, although the delta variant could push back some of the reopening spend.

But analysts appear highly optimistic about the company’s growth: its 2021 estimate is up from $5.00 to $6.50 (a 30% increase) in the last 30 days. The 2022 estimate is up $1.35 (23.5%). The estimate for the current quarter is up 10 cents (45.5%).

The Zacks Rank #1 stock has a Momentum Score of A. After the 5.2% price slide over the past week, it is trading at $72.09, or a 10.48X P/E multiple, below the 17.20X median level since it started trading in January.

Tillys, Inc. TLYS

Tilly's is a web-based specialty retailer in the action sports category selling clothing, shoes and accessories for men, women and children. It belongs, like CTRN, to the Retail – Apparel and Shoes industry.

Its #1 rank and Momentum Score of A are indicative of upside in the near term. But despite the 39-cent (29.8%) increase in its 2021 estimate, 21-cent (17.4%) increase in its 2022 estimate and 10 cent (43.5%) increase in the current-quarter estimate in the last 30 days, the shares actually dropped 3.2% in the past week.

TLYS shares currently trade at a P/S of 0.58X, which is close to their median value of 0.57X over the past year. So, at $14.20 a piece, they’re definitely worth buying.

One-Month Price Performance

Image Source: Zacks Investment Research

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

KornFerry International (KFY) : Free Stock Analysis Report

Peabody Energy Corporation (BTU) : Free Stock Analysis Report

Citi Trends, Inc. (CTRN): Free Stock Analysis Report

Tillys, Inc. (TLYS) : Free Stock Analysis Report

Nikon Corp. (NINOY) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

“Shoppertainment” company Firework announced Tuesday that it has partnered with Albertsons Cos. Inc. to create shoppable livestreams and short videos. “This is about bringing delight and inspiration to digital shopping to make online experiences as fun as discovering new products in our stores,” said Chris Rupp, chief customer and digital officer at Albertsons, in a statement. Albertsons will use Firework for short video content and cooking shows during the first phase of the partnership and mov

SASKATOON, SK, Sept. 21, 2021 /CNW/ – IsoEnergy Ltd. ("IsoEnergy" or the "Company") (TSXV: ISO) (OTCQX: ISENF) is pleased to announce initial scintillometer results from summer drilling at the Hurricane zone. Hurricane was discovered in July 2018 and is a high-grade uranium mineralization located on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan.

Tim Gabruch, President and Chief Executive Officer commented: "The team has successfully transitioned our summer drilling program from Geiger to Larocque East. The objective of this program is to expand the known area of mineralization at Hurricane and in parallel explore for additional zones of mineralization to the east. These early results at Hurricane are very positive in terms of expanding the Hurricane zone, with subsequent drilling to incorporate further step outs to the north, south and east."

Andy Carmichael, Vice President of Exploration commented: "Drilling at Larocque East continues to grow the Hurricane zone. LE21-78C1, our first drill hole of the program, intersected the broadest intersection of radioactivity to date at Hurricane and subsequent drill holes have expanded the zone to the north and south. We are encouraged by these early expansion drilling results and are looking forward to further testing the extent of mineralization at Hurricane."

Note: Radioactivity is total gamma counts per second (CPS) from drill core measured with an RS-125 hand-held spectrometer (RS-125).

LE21-78C1 (Section 4460E)

Drill hole LE21-78C1 was completed on section with and 8m south of previously reported drill hole LE20-77 (8.0m averaging 2.6% U₃O₈). LE21-78C1 intersected 12.0m of uranium mineralization (>500 CPS) from 248.5 to 260.5m, including 2.0m of strong mineralization (>30,000 CPS) from 257.5m to 259.5m. The mineralization in LE21-78C1 has expanded the Hurricane zone 8m to the south on section 4460E. LE21-78C1 also intersected elevated radioactivity in the basement associated with significant structure and alteration, suggesting further potential for southern expansion on this section. Figures 2 and 3 show the location of the drill hole in plan and section view, respectively.

LE21-80 (Section 4435E)

Drill hole LE21-80 was completed to test for a north-easterly extension of very strong mineralization intersected by previously reported drill hole LE20-34 (33.9% U₃O₈over 8.5m). LE21-80 reached the unconformity 19m east-northeast of LE20-34 and intersected 3.5m of uranium mineralization (>500 CPS) from 326.0m to 329.5m, including 2.0m >5,000 CPS from 326.0 to 328.0m. Figures 2 and 4 show the drill hole in plan and section view, respectively.

LE21-82 (Section 4485E)

Drill hole LE21-82 was completed on section with and 26m south of previously reported drill hole LE20-71 (2.0m averaging 2.4% U₃O₈). LE21-82 intersected 4.5m of uranium mineralization (>500 CPS) from 328.5 to 333.0m, including 1.0m >5,000 CPS from 331.0 to 332.0m. The mineralization in LE21-82 has expanded the Hurricane zone 26m south and the mineralized footprint is now at least 94 metres in width on Section 4485E. Figures 2 and 5 show the drill hole in plan and section view, respectively.

LE21-84 (Section 4435E)

Drill hole LE21-84 was completed on section with and 28m north of previously reported drill hole LE20-67 (0.2% U₃O₈ over 2.0 metres). LE21-84 intersected 3.0m of uranium mineralization (>500 CPS) from 326.5m to 329.5m, including 0.5m >5,000 CPS. The mineralization in LE21-84 expanded the Hurricane zone 28 metres to the north and the mineralized footprint is now at least 93 metres in width on section 4435E. Figures 2 and 4 show the drill hole in plan and section view, respectively.

The Larocque East Property and the Hurricane Zone

The 100% owned Larocque East property consists of 33 mineral claims totaling 16,780ha. Two of the project's claims distal to the Hurricane zone are subject to a 2% Net Smelter Returns Royalty of which 1% may be bought back for $1Million at IsoEnergy's discretion. Larocque East is immediately adjacent to the north end of IsoEnergy's Geiger property and is 35km northwest of Orano Canada's McClean Lake uranium mine and mill.

Along with other target areas, the Larocque East Property covers a 15-kilometre-long northeast extension of the Larocque Lake conductor system; a trend of graphitic metasedimentary basement rocks that is associated with significant uranium mineralization at the Hurricane zone, and in several occurrences on Cameco Corp. and Orano Canada Inc.'s neighbouring property to the southwest of Larocque East. The Hurricane zone was discovered in July 2018 and was followed up with 29 drill holes in 2019 and an additional 48 drill holes in 2020. Dimensions are currently 575m along-strike, up to 94m wide, and up to 12m thick. The zone is open for expansion along-strike to the east and to the north and south on some sections. Mineralization is polymetallic and commonly straddles the sub-Athabasca unconformity 320 m below surface. The best intersection to date is 38.8% U₃O₈ over 7.5m in drill hole LE20-76. Drilling at Cameco Corp.'s Larocque Lake zone on the neighbouring property to the southwest has returned historical intersections of up to 29.9% U₃O₈ over 7.0m in drill hole Q22-040. Like the nearby Geiger property, Larocque East is located adjacent to the Wollaston-Mudjatik transition zone – a major crustal suture related to most of the uranium deposits in the eastern Athabasca Basin. Importantly, the sandstone cover on the Property is thin, ranging between 140m and 450m in previous drilling.

Table 1 – Summer 2021 Drilling Program Results to Date

Hole	From	To	Length	Radioactivity^1,2	Chemical Assays		Orientation	Location
ID	(m)	(m)	(m)	(CPS)	U₃O₈(%)	Ni (%)	(Azm/Dip)
LE21-78	Abandoned before target						000/-90	Section 4460E
LE21-78C1³	248.5	260.5	12.0	>500	Pending		000/-90	Section 4460E
incl.	253.0	254.0	1.0	>5,000	Pending
and incl.	254.5	255.0	0.5	>5,000	Pending
and incl.	257.5	259.5	2.0	>30,000	Pending
and incl.	260.0	260.5	0.5	>5,000	Pending
and	266.0	266.5	0.5	>5,000	Pending
and	269.0	269.5	0.5	>500	Pending
LE21-80	325.0	325.5	0.5	>500	Pending		000/-90	Section 4435E
and	326.0	329.5	3.5	>500	Pending
incl.	326.0	328.0	2.0	>5,000	Pending
incl.	326.5	327.0	0.5	>30,000	Pending
LE21-82	326.5	327.0	0.5	>500	Pending		000/-90	Section 4485E
and	328.5	333.0	4.5	>500	Pending
incl.	331.0	332.0	1.0	>5,000	Pending
LE20-84	326.5	329.5	3.0	>500	Pending		000/-90	Section 4435E
incl.	328.0	328.5	0.5	>5,000	Pending

Notes:
1.	Radioactivity is total gamma from drill core measured with an RS-125 hand-held spectrometer.
2.	Measurements of total gamma cps on drill core are an indication of uranium content but may not correlate with uranium chemical assays.
3.	LE21-78C1 is a wedged off-cut LE20-78 at 70 metres

Figure 1 – Larocque East Property Map (CNW Group/IsoEnergy Ltd.)

Figure 2 – Western Hurricane Zone Drill Hole Location Map (CNW Group/IsoEnergy Ltd.)

Figure 3 – Section 4460E (CNW Group/IsoEnergy Ltd.)

Figure 4 – Section 4435E (CNW Group/IsoEnergy Ltd.)

Figure 5 – Section 4485E (CNW Group/IsoEnergy Ltd.)

Qualified Person Statement

The scientific and technical information contained in this news release was prepared by Andy Carmichael, P.Geo., IsoEnergy's Vice President, Exploration, who is a "Qualified Person" (as defined in NI 43-101 – Standards of Disclosure for Mineral Projects). Mr. Carmichael has verified the data disclosed. All radioactivity measurements reported herein are total gamma from an RS-125 hand-held spectrometer. As mineralized drill holes at the Hurricane zone are oriented very steeply (-70 to -90 degrees) into a zone of mineralization that is interpreted to be horizontal, the true thickness of the intersections is expected to be greater than or equal to 90% of the core lengths. This news release refers to properties other than those in which the Company has an interest. Mineralization on those other properties is not necessarily indicative of mineralization on the Company's properties. All chemical analyses are completed for the Company by SRC Geoanalytical Laboratories in Saskatoon, SK. For additional information regarding the Company's Larocque East Project, including its quality assurance and quality control procedures, please see the Technical Report dated effective May 15, 2019, on the Company's profile at www.sedar.com.

About IsoEnergy

IsoEnergy is a well-funded uranium exploration and development company with a portfolio of prospective projects in the eastern Athabasca Basin in Saskatchewan, Canada. The Company recently discovered the high-grade Hurricane Zone of uranium mineralization on its 100% owned Larocque East property in the Eastern Athabasca Basin. IsoEnergy is led by a Board and Management team with a track record of success in uranium exploration, development, and operations. The Company was founded and is supported by the team at its major shareholder, NexGen Energy Ltd.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release shall not constitute an offer to sell or a solicitation of any offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities referenced herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and such securities may not be offered or sold within the United States absent registration under the U.S. Securities Act or an applicable exemption from the registration requirements thereunder.

Forward-Looking Information

The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the price of uranium, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder, alternative sources of energy and uranium prices, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

IsoEnergy Ltd. Logo (CNW Group/IsoEnergy Ltd.)

SOURCE IsoEnergy Ltd.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2021/21/c8530.html

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. As with many other companies Aurelia Metals Limited (ASX:AMI) makes use of debt. But the real question is whether this debt is making the company risky.

When Is Debt Dangerous?

Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. Part and parcel of capitalism is the process of 'creative destruction' where failed businesses are mercilessly liquidated by their bankers. While that is not too common, we often do see indebted companies permanently diluting shareholders because lenders force them to raise capital at a distressed price. Of course, the upside of debt is that it often represents cheap capital, especially when it replaces dilution in a company with the ability to reinvest at high rates of return. When we examine debt levels, we first consider both cash and debt levels, together.

Check out our latest analysis for Aurelia Metals

How Much Debt Does Aurelia Metals Carry?

The image below, which you can click on for greater detail, shows that at June 2021 Aurelia Metals had debt of AU$34.4m, up from none in one year. But on the other hand it also has AU$74.5m in cash, leading to a AU$40.1m net cash position.

How Strong Is Aurelia Metals' Balance Sheet?

The latest balance sheet data shows that Aurelia Metals had liabilities of AU$84.9m due within a year, and liabilities of AU$150.3m falling due after that. Offsetting these obligations, it had cash of AU$74.5m as well as receivables valued at AU$26.9m due within 12 months. So its liabilities outweigh the sum of its cash and (near-term) receivables by AU$133.7m.

While this might seem like a lot, it is not so bad since Aurelia Metals has a market capitalization of AU$389.0m, and so it could probably strengthen its balance sheet by raising capital if it needed to. But we definitely want to keep our eyes open to indications that its debt is bringing too much risk. Despite its noteworthy liabilities, Aurelia Metals boasts net cash, so it's fair to say it does not have a heavy debt load!

Better yet, Aurelia Metals grew its EBIT by 108% last year, which is an impressive improvement. If maintained that growth will make the debt even more manageable in the years ahead. There's no doubt that we learn most about debt from the balance sheet. But ultimately the future profitability of the business will decide if Aurelia Metals can strengthen its balance sheet over time. So if you're focused on the future you can check out this free report showing analyst profit forecasts.

Finally, a company can only pay off debt with cold hard cash, not accounting profits. While Aurelia Metals has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance. During the last three years, Aurelia Metals produced sturdy free cash flow equating to 56% of its EBIT, about what we'd expect. This free cash flow puts the company in a good position to pay down debt, when appropriate.

Summing up

While Aurelia Metals does have more liabilities than liquid assets, it also has net cash of AU$40.1m. And we liked the look of last year's 108% year-on-year EBIT growth. So we don't think Aurelia Metals's use of debt is risky. There's no doubt that we learn most about debt from the balance sheet. But ultimately, every company can contain risks that exist outside of the balance sheet. These risks can be hard to spot. Every company has them, and we've spotted 3 warning signs for Aurelia Metals you should know about.

When all is said and done, sometimes its easier to focus on companies that don't even need debt. Readers can access a list of growth stocks with zero net debt 100% free, right now.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

VANCOUVER, British Columbia, Sept. 20, 2021 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) is hosting its virtual Investor and Analyst Day on Tuesday, September 21, 2021.

The event will commence at 1:00 p.m. ET / 10:00 a.m. PT, with presentations by President and Chief Executive Officer Don Lindsay and members of the senior management team. The agenda includes Teck’s strategy to capitalize on its industry-leading copper growth profile to rebalance its portfolio towards low-carbon metals, capital allocation priorities, market and operations update, progress on the RACE21^TM initiative, and Teck’s commitment to ESG leadership.

The webcast and presentation materials will be available on the Teck’s website at www.teck.com. Participants who wish to participate in the question-and-answer sessions after each panel discussion can access the conference facility by dialing 416.340.2217 or toll free 800.806.5484 (quote 7240967 if requested). Media are invited to attend on a listen-only basis.

Guidance Update
In conjunction with Investor and Analyst Day, Teck provided an update today on guidance.

Wildfires in British Columbia negatively affected our operations in the third quarter. As previously announced, the oxygen plant at Trail Operations resumed on August 13, 2021 following a temporary shutdown of approximately 10 days related to poor ambient air quality resulting from wildfires. The closure negatively impacted zinc production. As a result, we have reduced our 2021 annual refined zinc production guidance to 285,000 – 290,000 tonnes from 290,000 – 300,000 tonnes previously. We expect refined zinc production to be in the range of 72,000 – 75,000 tonnes in Q3 2021.

At Highland Valley Copper (HVC), operations were fully suspended on August 14, 2021 for a period of four days due to an evacuation order issued by the District of Logan Lake in response to wildfire activity in the area. The impact on production was not material and our annual contained copper production guidance for HVC is unchanged at 128,000 – 133,000 tonnes. However, concentrate shipment timing from HVC has been impacted due to wildfires and logistics disruptions, and we do not expect to catch up on the differential between higher production than sales from H1 2021. For our copper business unit, we expect sales in Q3 to be similar to production in Q3.

The impacts of wildfires on Teck’s steelmaking coal business have been previously incorporated into our coal guidance dated July 26, 2021.

At Red Dog, the latest start to the shipping season since 2010 due to weather and ice conditions, combined with record weather-related shipping delays in July and August, have reduced third quarter sales of zinc concentrate. We now expect Q3 2021 sales to be 145,000 – 155,000 tonnes of contained zinc, down from 180,000 – 200,000 tonnes previously. Despite the third quarter shortfall in shipping, assuming normal weather conditions, we continue to expect to be able to ship all zinc concentrates from Red Dog during the current shipping season as originally planned.

At our steelmaking coal operations in the Elk Valley, annual production is expected to be at the lower end of the current guidance range due to the previously noted wildfire impacts, compounded by increased absenteeism associated with COVID-19 exposure isolation protocols. Current inflationary cost pressures, notably diesel price, supplies and higher labour premiums, and lower production, have been partially offset with savings attributable to our RACE21™ program. At current unprecedented steelmaking coal prices, we have made decisions to maintain available production for sale by operating higher cost equipment and relying on overtime to offset the increased absenteeism, which has also contributed to higher unit costs. Further, although we typically balance maintenance outages between the second and third quarters, we made the decision in the second quarter to defer the maintenance outage at our Fording River Operations to the third quarter to meet demand for our products. Due to this deferral along with the above noted production decisions and cost pressures, our third quarter adjusted cost of sales is expected to come in at $66 to $68 per tonne and exceed the higher end of the annual guidance range. We note that this is an increase in Q3 costs of only $3 per tonne, based on the mid-point of quarterly guidance, versus an increase of USD$192 per tonne in the steelmaking coal price on an FOB basis since June 30, 2021. With our planned major processing shutdowns behind us combined with higher production in the fourth quarter versus the first three quarters of this year, we expect reduced fourth quarter unit costs and, as a result, we anticipate to come in at or slightly above the upper end of the annual guidance range of $59 to $64 per tonne.

Cautionary Statement on Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “should”, “believe” and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this news release.

These forward-looking statements include, but are not limited to, statements concerning: 2021 annual and Q3 refined zinc production guidance; annual contained copper production guidance for HVC; confirmation of steelmaking coal guidance provided July 26, 2021; Q3 contained zinc sales guidance; the expectation that we will be able to ship all zinc concentrates from Red Dog for the current shipping season; adjusted annual and third quarter cost of sales guidance for steelmaking coal; and all other estimates and projections associated with our business and operations.

These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general business and economic conditions; commodity prices; acts of foreign or domestic governments, the supply and demand for, deliveries of, and the level and volatility of prices of copper, steelmaking coal and zinc; our ability to secure adequate transportation, including rail, pipeline and port services, for our products; continuing availability of water and power resources for our operations; our ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; the availability of qualified employees and contractors for our operations; the outcome of our coal volume negotiations with customers; and our ongoing relations with our employees and with our business and joint venture partners. Statements concerning future production costs and volumes are based on numerous assumptions regarding operating matters and on assumptions that: counterparties perform their contractual obligations; operating and capital plans will not be disrupted by issues such as mechanical failure, unavailability of parts and supplies, labour disturbances, interruption in transportation or utilities, and adverse weather conditions. The foregoing list of assumptions is not exhaustive.

Factors that may cause actual results to vary materially include, but are not limited to: changes in market demand for our products; inaccurate geological and metallurgical assumptions (including with respect to the size, grade and recoverability of mineral reserves and resources); unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment; government action; industrial disturbances or other job action, adverse weather conditions and unanticipated events related to health, safety and environmental matters); union labour disputes; impact of COVID-19 mitigation protocols; failure of customers or counterparties (including logistics suppliers) to perform their contractual obligations; and negative changes or deterioration in general economic conditions.

The forward-looking statements in this news release and actual results will also be impacted by the effects of COVID-19 and related matters. The overall effects of COVID-19 related matters on our business and operations and projects will depend on how the ability of our sites to maintain normal operations, and on the impacts on our suppliers, customers and markets for our products. Continuing operating activities is highly dependent on the progression of the pandemic and the success of measures taken to prevent transmission.

We assume no obligation to update forward-looking statements except as required under securities laws. Further information concerning risks and uncertainties associated with these forward-looking statements and our business can be found in our Annual Information Form for the year ended December 31, 2020, filed under our profile on SEDAR (www.sedar.com) and on EDGAR (www.sec.gov) under cover of Form 40-F, as well as subsequent filings that can also be found under our profile.

About Teck
As one of Canada’s leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck’s shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Investor Contact
Fraser Phillips
Senior Vice President, Investor Relations & Strategic Analysis
604.699.4621
fraser.phillips@teck.com

Media Contact
Chris Stannell
Public Relations Manager
604.699.4368
chris.stannell@teck.com

Rio Tinto Plc RIO recently announced that it has partnered with leading global energy producer, EDL. Per the deal, EDL will expand an existing solar installation at Rio Tinto’s Weipa mine in Queensland. Australia. EDL will add a 4 MW solar power generating capacity and 4 MW/4 MWh of battery storage, which will effectively triple the supply of clean, reliable energy to Rio Tinto’s bauxite mine operations in Weipa and the remote township. This move is in sync with Rio Tinto’s focus on lowering its carbon footprint across its operations and marks a step toward its goal of attaining net zero emissions by 2050.

Rio Tinto’s Weipa operations includes three bauxite mines (East Weipa, Andoom and Amrun), processing facilities, shiploaders, an export wharf, two ports, power stations, a rail network and ferry terminals. The development of Amrun, its newest mine that was completed in 2018, has extended the life of the Weipa bauxite operations by several decades.

In 2015, Rio Tinto had announced the launch of the Weipa Solar plant, which was the largest solar facility at an off-grid Australian mine site at that time. It was a pathbreaking project, which exhibited the viability of renewable energy systems in remote locations. EDL will now build, own and operate a new 4 MW solar plant and 4 MW/4 MWh of battery storage at Weipa that will complement the existing 1.6 MW solar farm. Work on the project is expected to be completed by late next year.

Once operational, the combined 4 MW solar capacity and 4 MW/4 MWh battery will have an annual capacity of 11 gigawatt hours of energy. Combined with upgrades to the existing Weipa power generation network, it will effectively cut down Weipa Operations’ diesel consumption by around 7 million litres per year. It will also help lower its annual carbon dioxide emissions by about 20,000 tons — the equivalent of taking more than 3,750 cars off the road.

Rio Tinto has earmarked approximately $1 billion in investments over the next five years to get its operations down to net zero emissions by 2050. Earlier this month, the company announced that it has teamed up with Caterpillar, Inc. CAT to develop zero-emissions autonomous haul trucks for use at Gudai-Darri, which is Rio Tinto’s most technically advanced iron ore mine in the Pilbara region, Western Australia. Earlier in June, the company announced that it will deploy the world’s first fully autonomous water truck at its Gudai-Darri mine also in partnership with Caterpillar.

Price Performance

Image Source: Zacks Investment Research

In the past year, shares of Rio Tinto have gained 7.5%, compared with the industry’s growth of 9.0%.

Zacks Rank & Stocks to Consider

Rio Tinto currently has a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the basic materials space are Nucor Corporation NUE and The Chemours Company CC.

Nucor has a projected earnings growth rate of around 508% for the current year. The company’s shares have soared 112% in a year. It currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Chemours has an expected earnings growth rate of around 86.4% for the current year. The company’s shares have gained 39% in the past year. It currently carries a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Rio Tinto PLC (RIO): Free Stock Analysis Report

Caterpillar Inc. (CAT) : Free Stock Analysis Report

Nucor Corporation (NUE) : Free Stock Analysis Report

The Chemours Company (CC) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

In this article, we will take a look at the 11 best battery stocks to buy now. You can skip our detailed analysis of the battery industry’s outlook for 2021 and some of the major growth catalysts for battery stocks, and go directly to the 5 Best Battery Stocks to Buy Now.

The shift in global perspective about the need for electric vehicles and the push in developed countries to stimulate the market has enabled the meteoric rise of new companies in the arena. When compared to their internal combustion engine (ICE) counterparts, battery vehicles have a completely different design for their major components such as the drivetrain, chassis and powerplant. As a result, they require a new manufacturing approach that requires setting up new facilities with new machines capable of churning out the electric vehicles at a rate suitable for mass production.

At the same time market interest and investment in components crucial for producing these vehicles is also at all time highs. A crucial component of an electric vehicle, as one's intuition would suggest, is its battery. The battery is at the heart of the vehicle as it holds the electric power necessary for traveling at distances ranging in hundreds of miles. So naturally, the outlook for battery manufacturers is also positive, since they stand to directly profit from the current electric vehicle boom.

For instance, research conducted by Allied Market Research reveals that while the electric vehicle sector was valued at $163 billion in 2019, it will grow at a massive compound annual growth rate (CAGR) of 22.6% to stand at $803 billion by 2027. During this time period, the research firm believes that North America and Europe will post the strongest and most astounding growth rate. For the former, this rate is slated to be at a whopping 27.5% with a total value of $194 billion, and for the latter, a growth rate of 25% will eclipse the North American trend. However, the biggest will be constituted of countries lying in the Asia Pacific region, where the market will be worth $358 billion.

A report by the International Energy Agency (IEA) outlines that by the end of 2020, more than 10 million electric vehicles were on the road, with the bulk of these being powered by batteries. Falling in line with Allied Market Research's analysis, this report confirmed that the European electric vehicle segment grew faster than China in 2020, but that the biggest contribution to the global electric vehicles still came from the Asian country. Crucially, since the IEA is a policy advisor, it estimates that if all existing electric vehicle and environmental policies are followed through, then the total number of electric vehicles deployed globally will increase from 11 million (including heavy-duty vehicles) from 2020 to stand at 145 million in 2030 with a growth rate of 30%.

Zoning in on batteries, a report from KPMG shares that in 2019, China had 62.2 Gigawatts-hours of installed electric vehicle battery capacity. Another research report from Markets and Markets reveals that the global lithium-ion battery market is expected to stand at a total value of $41 billion by the end of this year and grow at a CAGR of 12.3% to stand at $117 billion in 2030. Lithium-ion batteries are the most commonly used batteries in the world and they also are the major type of battery used in electric vehicles.

Some of the most notable and active battery stocks in the market include Enphase Energy, Inc. (NASDAQ: ENPH), Livent Corporation (NYSE: LTHM), Albemarle Corp (NYSE: ALB) and Plug Power Inc. (NASDAQ: PLUG), among others discussed in detail below.

Pixabay/Public Domain

Our Methodology

In order to determine which battery stocks are the best pick, we will use the simple methodology of past growth. This will let us sift out the winners from the losers and let us determine which companies have received the strongest investor attention over the past couple of years. Companies that are yet to scale their operations, have a large total addressable market (TAM) or have crucial products in the research and development stage often see strong share price growth that does not correspond with their revenue or earnings. Yet, a strong share price signals investor optimism, which is often linked to companies meeting goals or targets that are considered crucial for their long-term vitality.

We also took into account hedge fund sentiment while choosing these stocks based on the number of hedge funds having stakes in each stock according to the data of 873 funds tracked by Insider Monkey.

Why pay attention to hedge fund sentiment while choosing stocks? Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 86 percentage points since March 2017. Between March 2017 and July 2021 our monthly newsletter’s stock picks returned 186.1%, vs. 100.1% for the SPY. Our stock picks outperformed the market by 86 percentage points (see the details here). That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

11 Best Battery Stocks to Buy Now

11. EnerSys (NYSE:ENS)

Share Price Growth Over the Last 12 Months: 17% Number of Hedge Fund Holders: 19

EnerSys (NYSE: ENS) is an American company headquartered in Reading, Pennsylvania. It has a large portfolio of power and power management products and it is known for its batteries for internal combustion engine (ICE) vehicles. Its experience in the automotive sector makes it an important player in the battery market, despite the modest share price growth over the past year. EnerSys (NYSE: ENS) is also known for manufacturing batteries that are used in satellites manufactured inside the United States and the United Kingdom.

10. Panasonic Corporation (OTC:PCRFY)

Share Price Growth Over the Last 12 Months: 41.68% Number of Hedge Fund Holders: N/A

Panasonic Corporation (OTC: PCRFY) is one of the largest and oldest multinational companies in the world with a presence in a large array of markets. In the electric vehicle segment, Panasonic is best known for its partnership with Santa Clara, California electric vehicle manufacturer Tesla, Inc. Panasonic and Tesla jointly operate the latter's Gigafactory battery manufacturing plant in Nevada, United States. This plant had a total output of 24 Gigawatt-hours in 2019, which was below its full capacity. The Gigafactory is responsible for manufacturing the battery cells which are then packed into the power packs for the vehicle by Tesla workers and robots.

9. Brookfield Business Partners L.P. (NYSE:BBU)

Share Price Growth Over the Last 12 Months: 43% Number of Hedge Fund Holders: 4

Brookfield Business Partners L.P. (NYSE: BBU) owns one of the largest automotive battery suppliers and recyclers in the world, Clarios. Clarios was formerly the battery manufacturing arm of Ireland-based Johnson Controls, Inc and it has several manufacturing investments in place to produce batteries in the United States. Some of its American battery manufacturing facilities are located in Missouri and Delaware. As of 2019, Clarios claimed to produce one-third of all electric vehicle batteries sold in the world.

Like Enphase Energy, Inc. (NASDAQ: ENPH), Livent Corporation (NYSE: LTHM), Albemarle Corp (NYSE: ALB) and Plug Power Inc. (NASDAQ: PLUG), Brookfield Business Partners L.P. (NYSE: BBU) is one of the favorite battery stocks of hedge funds.

8. Sociedad Quimica Y Minera de Chile (NYSE:SQM)

Share Price Growth Over the Last 12 Months: 69% Number of Hedge Fund Holders: 19

Sociedad Quimica Y Minera de Chile (NYSE: SQM) is crucial for the integrity of the global lithium battery supply chain. It is the largest producer of lithium, which is the primary material in battery production. The company produces lithium from concentrated salt water referred to as brine, and the company produces both Lithium Carbonate and Lithium Hydroxide. Out of these, Lithium Hydroxide is used in batteries for electric vehicles due to its chemical properties and Sociedad Quimica Y Minera de Chile (NYSE: SQM) produces this material in its facilities in Chile.

Like Enphase Energy, Inc. (NASDAQ: ENPH), Brookfield Business Partners L.P. (NYSE: BBU), Livent Corporation (NYSE: LTHM), Albemarle Corp (NYSE: ALB) and Plug Power Inc. (NASDAQ: PLUG), Sociedad Quimica Y Minera de Chile (NYSE: SQM) is one of the notable battery stocks in the market.

7. Plug Power Inc. (NASDAQ:PLUG)

Share Price Growth Over the Last 12 Months: 89% Number of Hedge Fund Holders: 34

Plug Power Inc. (NASDAQ: PLUG) is headquartered in Latham, New York and it is responsible for manufacturing fuel cell systems based on Hydrogen. It provides these cells for heavy-duty equipment and trucks and it has partnerships in Europe and Asia for providing its fuel products in collaboration with local companies in the markets.

Like Enphase Energy, Inc. (NASDAQ: ENPH), Brookfield Business Partners L.P. (NYSE: BBU), Livent Corporation (NYSE: LTHM) and Albemarle Corp (NYSE: ALB), Plug Power Inc. (NASDAQ: PLUG) is one of the notable battery stocks in the market.

6. Enphase Energy, Inc. (NASDAQ:ENPH)

Share Price Growth Over the Last 12 Months: 114% Number of Hedge Fund Holders: 44

Enphase Energy, Inc. (NASDAQ: ENPH) is an alternative energy company that focuses on a variety of products that are related to solar power. Enphase Energy, Inc. (NASDAQ: ENPH) also offers a home powering solution complete with batteries that allow users to store energy in their homes. Additionally, the company is also known for providing microcontrollers that improve the storage capacity of their residential solar-powered systems.

Click to continue reading and see the 5 Best Battery Stocks to Buy Now.

CONNECT WITH US

Tweets

Tweet with hash tag #miningfeeds or @miningfeeds and your tweets will be displayed across this site.

Tweets by MiningFeeds

MOST ACTIVE MINING STOCKS

Daily Gainers


CMC Metals Ltd.	CMB.V	+900.00%
Eden Energy Ltd	EDE.AX	+200.00%
GoviEx Uranium Inc.	GXU.V	+42.86%
Eagle Nickel Ltd.	ENL.AX	+41.67%
Citigold Corp. Limited	CTO.AX	+33.33%
Mount Burgess Mining NL	MTB.AX	+33.33%
Exalt Resources Limited	ERD.AX	+31.94%
Casa Minerals Inc.	CASA.V	+30.00%
Cariboo Rose Resources Ltd	CRB.V	+28.57%
Belmont Resources Inc.	BEA.V	+28.57%

US Toll free:	+1 844 347 1034
International direct:	+1 209 905 5910
Passcode:	6875708
Webcast:	Q3 Webcast Link

US Toll free:	+1 855 859 2056
International direct:	+1 404 537 3406
Passcode:	6875708

What’s Aiding EMN?

A Few Worries

Eastman Chemical Company Price and Consensus

Stocks to Consider

How To Calculate Return On Equity?

Why Is ROE Important For Earnings Growth?

EnerSys' Earnings Growth And 9.7% ROE

Is EnerSys Efficiently Re-investing Its Profits?

Summary

Price Performance

Zacks Rank & Stocks to Consider

Do Hedge Funds Think FCX Is A Good Stock To Buy Now?

When Is Debt Dangerous?

How Much Debt Does Aurelia Metals Carry?

How Strong Is Aurelia Metals' Balance Sheet?

Summing up

Price Performance

Zacks Rank & Stocks to Consider

11 Best Battery Stocks to Buy Now

11. EnerSys (NYSE:ENS)

10. Panasonic Corporation (OTC:PCRFY)

9. Brookfield Business Partners L.P. (NYSE:BBU)

8. Sociedad Quimica Y Minera de Chile (NYSE:SQM)

7. Plug Power Inc. (NASDAQ:PLUG)

6. Enphase Energy, Inc. (NASDAQ:ENPH)

CONNECT WITH US

Tweets

MOST ACTIVE MINING STOCKS

Daily Gainers

Articles

FOUND POSTS

Venezuela’s Lawmakers Advance Mining Reform to Attract Foreign Investment

Solaris Resources (TSX:SLS) Expands Warintza Copper District as Investor Interest Grows

Ontario Accelerates Roads to Unlock Ring of Fire Mining Potential by 2031

Lucas Birdsall on the Impact of Copper and Silver Production on COMEX Futures

Saskatchewan’s Rook I Mine Could Make Canada the World’s Largest Uranium Exporter