Vancouver, British Columbia–(Newsfile Corp. – September 13, 2021) – Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to report that the Company is to restart the channel sampling program in the West Contact Zone on the Thundercloud property. The program was forced to be suspended in the summer due the fire restrictions imposed by the Ministry of Northern Development, Mines, Nature Resources and Forestry to avoid wildfires in northwest Ontario. Prior to the suspension, all of the preparation work required for channel sampling, such as striping, trenching and washing, were completed, the remaining work is expected to be completed within days. The assay data from the trenching program will be evaluated to determine drill targets in the West Contact Zone later in the season.
About Thundercloud Property
The Thundercloud Property is located in the central Wabigoon greenstone belt in Western Ontario, 47 kilometres southwest of Dryden. The geological setting is comparable to the Abitibi belt in Eastern Ontario but Thundercloud is much less explored. The Wabigoon belt contains numerous gold showings, several deposits and high grade historic past producers. Regionally, exploration results indicate excellent potential to define bulk-tonnage orogenic gold mineralization as close to 30 M oz of gold have been discovered in recent years, including several large-scale mining operations nearby.
About Dynasty Gold Corp.
Dynasty Gold Corp. is a Canadian exploration company currently focused on gold exploration in North America with projects located in greenstone belts in Ontario and the Midas gold camp in Nevada. Currently, the 70% owned Hatu Qi2 gold mine in the Tien Shan Gold belt, Xinjiang, China, is in legal dispute with Xinjiang Non-Ferrous Industrial Metals Group and its subsidiary Western Region Gold Co. Ltd.. For more information, please visit Company's website www.dynastygoldcorp.com.
ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.
"Ivy Chong"
_________________________________
Ivy Chong, President & CEO
For additional information please contact:
Vancouver Office:
Ivy Chong
Phone: 604.633.2100. Email: ichong@dynastygoldcorp.com
This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96348
(Bloomberg) — In quick succession, mining companies in Chile have resolved a series of labor conflicts to all but end threats to supply in the biggest copper-producing nation.
On Friday, plant workers at Codelco’s Andina mine agreed to end a more than three-week stoppage. The next day, workers at BHP Group’s Cerro Colorado mine accepted an offer hammered out by the two negotiating teams in mediated talks, avoiding a strike. Union members at Salvador, Codelco’s smallest mine, are scheduled to vote Monday on a new offer delivered during mediation.
The recent breakthroughs follow strike-ending agreements earlier this month with the two main unions at Andina and at a mine owned by JX Nippon Mining & Metals. The industry also managed to avoid stoppages at top-tier mines such as Escondida and El Teniente.
Chile is coming to the end of an intense period of contract renewals in which workers used high prices as leverage and companies fought to contain costs in a cyclical business that’s seen an uptick in input inflation.
The wage deals, in a country that accounts for more than a quarter of the world’s mined copper, remove a layer for support for prices of the metal that have recovered much of the ground lost in an early August selloff. Futures were down 0.3% at 1:03 p.m. in London on Monday.
More stories like this are available on bloomberg.com
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HORIZONTE SECURES APPROVAL FROM EXPORT CREDIT AGENCIES FOR THE DEVELOPMENT OF THE ARAGUAIA PROJECT
LONDON, UK / ACCESSWIRE / September 13, 2021 / Horizonte Minerals Plc, (AIM:HZM)(TSX:HZM) ("Horizonte" or the "Company") the nickel company focused on Brazil is pleased to announce that it has received formal credit and board approval from two export credit agencies (the "ECAs") for US$146.2 million of the senior secured project finance facility (the "Senior Debt Facility") to part fund construction and development of its Araguaia ferro-nickel project ("Araguaia" or the "Project"). The ECAs are EKF, Denmark's Export Credit Agency ("EKF") and Finnvera plc, Finland's Export Credit Agency ("Finnvera").
The Senior Debt Facility comprises two tranches, of which Tranche A of US$146.2 million is to be guaranteed by the ECAs in relation to a number of key equipment and service provider contracts. Tranche B of the Senior Debt Facility is expected to be provided by a syndicate of international financial institutions (the "Senior Lenders").
The ECA approvals are a key step forward in the project financing process, and Horizonte is now nearing completion of the credit approvals by the Senior Lenders for the balance of the project financing of Araguaia.
Endeavour Financial is acting as financial advisor to the Company and Norton Rose Fulbright LLP has acted as legal counsel to the Company with support from the Freitas Ferraz law firm in Brazil.
Horizonte CEO, Jeremy Martin commented: "The receipt of formal credit and board approvals from two export credit agencies for the guarantee of a large component of the Senior Debt Facility is an outstanding achievement for Horizonte.
The Senior Debt Facility is set to provide a significant portion of the funding required for construction of the Project. We look forward to announcing credit approval from the balance of Senior Lenders during the remainder of the third quarter, as well as further key financing milestones.
We are now reaching the culmination of this complex funding process which will see us secure the initial capex required to develop Araguaia, our 100% owned tier 1 ferro-nickel project. With construction scheduled to commence on completion of funding this is a very exciting time for Horizonte."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014, as retained in the UK pursuant to S3 of the European Union (Withdrawal) Act 2018.
For further information, visit www.horizonteminerals.com or contact:
|
Horizonte Minerals plc Jeremy Martin (CEO) |
info@horizonteminerals.com |
|
Peel Hunt (NOMAD & Joint Broker) Ross Allister |
+44 (0)20 7418 8900 |
|
BMO (Joint Broker) Thomas Rider |
+44 (0) 20 7236 1010 |
About Horizonte Minerals:
Horizonte Minerals plc (AIM:HZM)(TSX:HZM) is developing two 100% owned, tier one projects in Parà state, Brazil – the Araguaia Nickel Project and the Vermelho Nickel-Cobalt Project. Both projects are large scale, high-grade, low-cost, low-carbon and scalable. Araguaia is construction ready and will produce 29,000 tonnes of nickel per year to supply the stainless steel market. Vermelho is at feasibility study stage and will produce 25,000 tonnes of nickel and 1,250 tonnes of cobalt to supply the EV battery market. Horizonte's combined near-term production profile of over 50,000 tonnes of nickel per year positions the Company as a globally significant nickel producer. Horizonte is developing a new nickel district in Brazil that will benefit from established infrastructure, including hydroelectric power available in the Carajás Mining District.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION
Except for statements of historical fact relating to the Company, certain information contained in this press release constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, the ability of the Company to complete the Acquisition as described herein, statements with respect to the potential of the Company's current or future property mineral projects; the success of exploration and mining activities; cost and timing of future exploration, production and development; the estimation of mineral resources and reserves and the ability of the Company to achieve its goals in respect of growing its mineral resources; the ability of the Company to complete the Placing as described herein, and the realization of mineral resource and reserve estimates. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, and are inherently subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks related to: the inability of the Company to complete the Acquisition as described herein, exploration and mining risks, competition from competitors with greater capital; the Company's lack of experience with respect to development-stage mining operations; fluctuations in metal prices; uninsured risks; environmental and other regulatory requirements; exploration, mining and other licences; the Company's future payment obligations; potential disputes with respect to the Company's title to, and the area of, its mining concessions; the Company's dependence on its ability to obtain sufficient financing in the future; the Company's dependence on its relationships with third parties; the Company's joint ventures; the potential of currency fluctuations and political or economic instability in countries in which the Company operates; currency exchange fluctuations; the Company's ability to manage its growth effectively; the trading market for the ordinary shares of the Company; uncertainty with respect to the Company's plans to continue to develop its operations and new projects; the Company's dependence on key personnel; possible conflicts of interest of directors and officers of the Company, the inability of the Company to complete the Placing on the terms as described herein, and various risks associated with the legal and regulatory framework within which the Company operates. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Horizonte Minerals PLC
View source version on accesswire.com:
https://www.accesswire.com/663676/Horizonte-Minerals-PLC-Announces-Export-Credit-Agency-Approval-for-Araguaia-Project
NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) — Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation. The lead plaintiff can select a law firm of its choice. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Piedmont Lithium Inc. f/k/a/ Piedmont Lithium Limited (NASDAQ: PLL, PLLL)
Class Period: March 16, 2018 – July 19, 2021
Deadline: September 17, 2021
For more info: www.bgandg.com/pll
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have “strong local government support”; and (5) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Oatly Group AB (NASDAQ: OTLY)
Class Period: May 20, 2021 – July 15, 2021
Deadline: September 24, 2021
For more info: www.bgandg.com/otly.
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Oatly overinflated its gross margins, revenue, and capital expenditure financial metrics; (2) the Company overstated the proprietary nature of its formulas and manufacturing process; (3) the Company exaggerated its success in China; and (4) as a result of the foregoing, Oatly’s statements about its operations, business, and prospects were misleading during the Class Period.
AdaptHealth Corp. (NASDAQ: AHCO)
Class Period: November 11, 2019 – July 16, 2021
Deadline: September 27, 2021
For more info: www.bgandg.com/ahco
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) AdaptHealth had misrepresented its organic growth trajectory by retroactively inflating past organic growth numbers without disclosing the changes, in violation of SEC regulations; (2) accordingly, the Company had materially overstated its financial prospects; and (3) as a result, the Company's public statements were materially false and misleading at all relevant times.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com


NEW YORK, NY / ACCESSWIRE / September 13, 2021 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.
Piedmont Lithium Inc. (NASDAQ:PLL)
Investors Affected: March 16, 2018 – July 19, 2021
A class action has commenced on behalf of certain shareholders in Piedmont Lithium Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/piedmont-lithium-inc-loss-submission-form/?id=19556&from=1
Activision Blizzard, Inc. (NASDAQ:ATVI)
Investors Affected: August 4, 2016 – July 27, 2021
A class action has commenced on behalf of certain shareholders in Activision Blizzard, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Activision Blizzard discriminated against women and minority employees; (2) Activision Blizzard fostered a pervasive "frat boy" workplace culture that continues to thrive; (3) numerous complaints about unlawful harassment, discrimination, and retaliation were made to human resources personnel and executives which went unaddressed; (4) the pervasive culture of harassment, discrimination, and retaliation would result in serious impairments to Activision Blizzard's operations; (5) as a result of the foregoing, the Company was at greater risk of regulatory and legal scrutiny and enforcement, including that which would have a material adverse effect; (6) Activision Blizzard failed to inform shareholders that the California Department of Fair Employment and Housing had been investigating Activision Blizzard for harassment and discrimination; and (7) as a result, Defendants' statements about Activision Blizzard's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/activision-blizzard-inc-loss-submission-form/?id=19556&from=1
Yalla Group Limited (NYSE:YALA)
Investors Affected: September 30, 2020 – August 9, 2021
A class action has commenced on behalf of certain shareholders in Yalla Group Limited. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: the Company overstated its user metrics and revenue and, as a result, the Company's public statements were materially false and misleading at all relevant times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/yalla-group-limited-loss-submission-form/?id=19556&from=1
The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770
SOURCE: The Gross Law Firm
View source version on accesswire.com:
https://www.accesswire.com/663914/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-PLL-ATVI-and-YALA
RADNOR, Pa., Sept. 13, 2021 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Piedmont Lithium Inc. f/k/a Piedmont Lithium Limited (NASDAQ: PLL) (“Piedmont”) on behalf of those who purchased or acquired Piedmont securities between March 16, 2018 and July 19, 2021, inclusive (the “Class Period”).
Deadline Reminder: Investors who purchased or acquired Piedmont securities during the Class Period may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; toll free at (844) 887-9500; via e-mail at info@ktmc.com; or click https://www.ktmc.com/piedmont-lithium-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=piedmont
Piedmont engages in the exploration and development of resource projects. Piedmont primarily holds a 100% interest in a lithium project covering 2,322 acres in the North Carolina. On May 17, 2021, in connection with Piedmont’s redomiciliation from Australia to the United States, Piedmont’s American Depositary Share (“ADS”) holders received one share of Piedmont common stock for each ADS.
The Class Period commences on March 16, 2018, when Piedmont filed a Registration Statement on a Form 20-F. On June 14, 2018, Piedmont issued a press release entitled “PIEDMONT LITHIUM ANNOUNCES MAIDEN MINERAL RESOURCE” which stated, in part, its “strategy of building an integrated lithium processing business based on proven, conventional technologies and benefitting from the inherent advantages of Piedmont’s strategic North Carolina location, including; … [s]trong local government support.” Throughout the Class Period, Piedmont informed investors regarding its plan for completing necessary permitting and zoning activities required to commence mining and processing operations in North Carolina.
The truth began to emerge on July 20, 2021. Before market hours, Reuters published an article entitled “In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors” which reported the following, in pertinent part, regarding Piedmont’s regulatory issues in North Carolina: (1) Piedmont had not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so; (2) five of the seven members of the county’s board of commissioners, who control zoning changes, said they may block or delay the project; and (3) Piedmont had been set to meet with commissioners in March, but canceled with three days’ notice, further straining the relationship.
Following this news, Piedmont shares fell $12.56 per share over the trading day, or nearly 20%, to close at $50.52 per share on July 20, 2021.
The complaint alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Piedmont had not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business did not have “strong local government support”; and (5) as a result, the defendants’ public statements were materially false and/or misleading at all relevant times.
Piedmont investors may, no later than September 21, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
info@ktmc.com


NOTICES IN TERMS OF SECTION 155 OF THE COMPANIES ACT 71 OF 2008
RELATING TO
STEINHOFF INTERNATIONAL HOLDINGS PROPRIETARY LIMITED ("the Company")
AMSTERDAM, NETHERLANDS / ACCESSWIRE / September 13, 2021 / Capitalised terms used herein and not otherwise defined shall have the meaning ascribed thereto in the compromise that has been proposed by the Company to Scheme Creditors (the " Proposal ") in accordance with section 155 of the Companies Act 71 of 2008, as amended (" Companies Act "), available at www.SteinhoffSettlement.com .
Part A – NOTICE OF RESULTS OF MEETINGS
1 Notice is hereby given to Scheme Creditors that the results of the virtual meetings (collectively " Meetings " and individually " Meeting ") held in terms of section 155(6) of the Companies Act for the purposes of considering and voting on the Proposal are as set out below.
2 At the Meeting of the Financial Creditors held on 6 September 2021, the Financial Creditors voted as follows:
2.1 100% in number of the Financial Creditors present and voting (all by proxy) voted in favour of the Proposal; and
2.2 100% in value of the Financial Creditors present and voting (all by proxy) voted in favour of the Proposal,
and accordingly the Proposal was adopted by the Financial Creditors.
3 At the Meeting of the Contractual Claimants held on 10 September 2021, the Contractual Claimants voted as follows:
3.1 100% in number of the Contractual Claimants present and voting in person or by proxy voted in favour of the Proposal. Of the 16 Contractual Claimants present (in person or by proxy) at the Meeting, 1 Contractual Claimant abstained from voting on the Proposal; and
3.2 100% in value of the Contractual Claimants present and voting in person or by proxy representing 95.42% in value of the claims of all Contractual Claimants voted in favour of the Proposal,
and accordingly the Proposal was adopted by the Contractual Claimants.
4 At the Meeting of the SIHPL Market Purchase Claimants held on 6 September 2021, the SIHPL Market Purchase Claimants voted as follows:
4.1 100% in number of the SIHPL Market Purchase Claimants present and voting in person or by proxy voted in favour of the Proposal. Of the 8,481 SIHPL Market Purchase Claimants present in person or by proxy at the Meeting, 1 SIHPL Market Purchase Claimant abstained from voting on the Proposal; and
4.2 100% in value of the SIHPL Market Purchase Claimants present and voting in person or by proxy representing 99.9999398054% in value of the claims of all SIHPL Market Purchase Claimants present at the Meeting voted in favour of the Proposal,
and accordingly the Proposal was adopted by the SIHPL Market Purchase Claimants.
5 A proposal as contemplated in section 155 of the Companies Act will have been adopted by the creditors, or the members of a relevant class of creditors, if it is supported by a majority in number representing at least 75% in value of the creditors or class, as the case may be, present and voting in person or by proxy at a meeting called for that purpose.
6 As each Class of Scheme Creditors has adopted the Proposal by a majority in number representing not less than 75% in value of each Class of Scheme Creditors, present and voting in person or by proxy at the Meetings, the Proposal has been Adopted as defined in the Proposal and as contemplated by section 155 of the Companies Act.
Part B – NOTICE OF THE COMPANY'S SANCTION APPLICATION
1 Notice is hereby given that, in light of the fact that the Proposal was Adopted at the Meetings, SIHPL has issued its application to the Western Cape Division of the High Court of South Africa for an Order approving and sanctioning the Proposal in accordance with section 155 of the Companies Act (the " Sanction Application ").
2 Electronic copies of the papers filed by SIHPL in the Sanction Application are available at www.SteinhoffSettlement.com under the 'Case Documents' tab and on www.steinhoffinternational.com.
Part C – TRANSLATIONS OF THIS NOTICE
Eine übersetzte Version dieses Hinweises wird auf Anfrage auf deutsch zur Verfügung gestellt (e-mail: info@SteinhoffSettlement.com).
Een vertaalde versie van deze mededeling zal op verzoek beschikbaar worden gesteld in het Nederlands (e-mail: info@SteinhoffSettlement.com).
Une version traduite en français de cette notice sera fournie sur demande (e-mail: info@SteinhoffSettlement.com ).
Se pondrá a disposición de los interesados una versión de este Aviso traducida al español (e-mail: info@SteinhoffSettlement.com ).
Mediante pedido, será disponibilizada uma versão traduzida do presente Aviso em português (e-mail: info@SteinhoffSettlement.com ).
Una versione tradotta del presente Avviso verrà resa disponibile su richiesta in Italiano (e-mail: info@SteinhoffSettlement.com ).
Tłumaczenie tej informacji na język polski zostanie udostępnione na prośbę (e-mail: info@SteinhoffSettlement.com ).
Pēc pieprasījuma tiks nodrošināta šī Paziņojuma tulkota versija latviešu valodā (e-mail: info@SteinhoffSettlement.com ).
Bu Bildirimin Türkçe çevirisi talep üzerine sağlanacaktır (e-mail: info@SteinhoffSettlement.com ).
Prevedena verzija ove Obavijesti bit će dostupna na zahtjev na hrvatski (e-mail: info@SteinhoffSettlement.com ).
En oversat version af denne meddelelse vil blive gjort tilgængelig efter anmodning på dansk (e-mail: info@SteinhoffSettlement.com ).
O versiune tradusă a acestei notificări va fi pusă la dispoziție la cerere în limba română (e-mail: info@SteinhoffSettlement.com ).
Преведена версия на тази декларация при поискване ще бъде достъпна на български (e-mail: info@SteinhoffSettlement.com ).
Selle teadaande eesti keelde tõlgitud versioon tehakse kättesaadavaks vastava taotluse esitamisel (e-mail: info@SteinhoffSettlement.com ).
En oversatt versjon av denne merknaden vil bli gjort tilgjengelig på forespørsel på Norsk (e-mail: info@SteinhoffSettlement.com ).
Prevedena različica tega obvestila je v slovenščini na voljo na zahtevo (e-mail: info@SteinhoffSettlement.com ).
Išverstas šio pranešimo variantas pareikalavus bus pateiktas lietuvių kalba (e-mail: info@SteinhoffSettlement.com ).
Preložená verzia tohto vyhlásenia bude na požiadanie k dispozícii v slovenčine (e-mail: info@SteinhoffSettlement.com ).
Vid behov kommer en översatt version av detta meddelande att göras tillgänglig på svensk (e-mail: info@SteinhoffSettlement.com ).
Ennek az értesítésnek a lefordított változata kérésre elérhetővé válik magyar nyelven (e-mail: info@SteinhoffSettlement.com ).
Þýdd útgáfa af þessari tilkynningu verður fáanleg samkvæmt beiðni á íslensku (e-mail: info@SteinhoffSettlement.com ).
本通知的翻译版本将根据所需提供简体中文版本 (e-mail: info@SteinhoffSettlement.com ).
Toleo lililotafsiriwa la Notisi hii litatolewa endapo litaombwa katika kiswahili (e-mail: info@SteinhoffSettlement.com ).
(e-mail: info@SteinhoffSettlement.com) ستتم إتاحة نسخة مترجمة من هذا اإلشعار بـ اللغة العربيةعند الطلب
.(email: info@SteinhoffSettlement.com) גרסה מתורגמת של הודעה זו תהיה זמינה לפי בקשה ב עברית
Η μετάφραση της παρούσας Γνωστοποίησης στα Ελληνικά θα είναι διαθέσιμη κατόπιν αιτήματος (e-mail: info@SteinhoffSettlement.com ).
Přeložená verze tohoto Oznámení bude na vyžádání k dispozici v čeština (e-mail: info@SteinhoffSettlement.com).
SOURCE: Steinhoff International Holdings N.V.
View source version on accesswire.com:
https://www.accesswire.com/663699/Steinhoff-International-Holdings-NV-NOTICES-IN-TERMS-OF-SECTION-155-OF-THE-COMPANIES-ACT-71-OF-2008
The food industry is comprised of companies that focus primarily on offering food and non-alcoholic beverage products. It includes grocery stores, food distribution companies, and other companies offering consumer staples that consumers either eat or drink.
Vancouver, British Columbia–(Newsfile Corp. – September 13, 2021) – Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) (the "Company") is pleased to announce that it has completed the first tranche of its previously announced non-brokered private placement (the "Private Placement"). Pursuant to the first tranche, the Company has issued 26,105,833 units ("Units") at a price of US$0.06 (C$0.075) per Unit for gross proceeds of US$1,566,350 (C$1,957,937).
Each Unit consists of one common share of the Company and one share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of US$0.10 per share for a period of three years from the date of closing. The Warrants contain a forced exercise provision if the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange is equal to or greater than US$0.30 for a period of 10 consecutive trading days.
Proceeds of the Private Placement will be used primarily for general working capital. The securities will be subject to a hold period expiring on January 14, 2022 in accordance with applicable securities laws.
In connection with the completion of the first tranche of the Private Placement, the Company paid a total of US$22,974 and issued 382,900 finder's warrants as finder's fees. The finder's warrants will be exercisable at US$0.10 per share for a period of 3 years from the date of closing.
The Company is pleased to announce that Stephen Goodman and Tony Alford have been appointed as directors of the Company. Stephen Goodman also serves as the President of the Company and effective September 15th will assume the position of Chief Financial Officer.
Tony Alford brings to the board a history of executive leadership, including serving as a director of Revett Minerals Inc. in 2009 and 2010, where he was part of the team that rang the bell on the NYSE Amex listing of the company. Mr. Alford is the Founder and President of PBA Consultants, Inc., a firm specializing in tax savings and cost reduction services, for many of the fortune 500 companies across the USA. In 1993 Mr. Alford founded Alford Investments focusing on real estate investment properties, pharmacy distribution, food related and natural resource companies.
The Company also announces that John Kerr, LeRoy Wilkes, and Terrence Eyton have resigned as directors of the Company.
On behalf of the Board of Directors,
Stephen Goodman
President
For more information please contact:
Karen Robertson
Corporate Communications
778-898-0057
Email: info@quaterra.com
Website: www.quaterra.com
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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 release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96362
DENVER, CO / ACCESSWIRE / September 13, 2021 /Solitario Zinc Corp. ("Solitario") (NYSE American:XPL)(TSX:SLR) is pleased to announce that it is participating in the H.C. Wainwright & Co. Virtual Annual Global Investment Conference, September 13-15th, 2021. President and CEO, Chris Herald will host one on one meetings during the event and will deliver an online presentation and corporate update on Monday, September 13th at 8:00am Eastern. The presentation will feature the recently acquired Golden Crest gold project in South Dakota, as well as the advanced Florida Canyon and Lik high-grade zinc projects. View webcast and replay here. For more information on the Conference please visit https://hcwevents.com/annualconference/
About Solitario
Solitario is an emerging zinc and gold exploration and development company traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). In addition to its newly acquired Golden Crest properties, Solitario holds 50% joint venture interest (Teck Resources 50%) in the high-grade, open-pittable Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources holds the remaining 61% interest) on the high-grade Florida Canyon zinc project in Peru. Solitario's Management and Directors hold approximately 9.6% (excluding options) of the Company's 58.4 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$5.8 million. Additional information about Solitario is available online at www.solitariozinc.com.
FOR MORE INFORMATION, CONTACT:
Christopher E. Herald
President & CEO
(303) 534-1030, Ext. 14
Valerie Kimball
Director – Investor Relations
720-933-1150
(800) 229-6827
SOURCE: Solitario Zinc Corp.
View source version on accesswire.com:
https://www.accesswire.com/663668/Solitario-Presents-at-the-HC-Wainwright-Co-Virtual-Annual-Global-Investment-Conference
By Dave Sherwood
SANTIAGO (Reuters) – A Chilean union at Albemarle Corp, the world's top lithium producer, said on Monday it had rejected the company's latest labor contract offer, leaving workers to continue a walk off that has extended for more than a month.
The 135-member "Albemarle Salar" union, which comprises about half the workers at its key Salar production plant, went on strike in August after failing to reach a deal with the U.S.-based lithium miner. The company maintains the extended walk-off has yet to hit its output of lithium.
The union said in a statement issued Monday that the latest deal offered nothing beyond two prior proposals that were also rejected. The union called the contract offer "discriminatory" and said it would only foster salary inequality among its workers.
Albemarle told Reuters it regretted the union's decision but rejected its claims of unfairness.
"The Salar [union] aspires to a bonus for the termination of the conflict that is much higher than that of the other three unions with which we successfully concluded collective bargaining," the company said in a statement.
Albemarle's Atacama operations in Chile are a vital source of the ultralight white metal used in batteries that power electric vehicles. Competitor SQM operates nearby.
The company, which struck labor deals with its three remaining Chilean guilds earlier this year, said again on Monday it had a "solid" contingency plan that assured it could continue to meet its customers needs during the walk-off.
The union has alleged the miner had been flying workers in by helicopter to replace those on strike, a practice it said violated union rights.
Albemarle extracts lithium-rich brine from beneath the salt flat at its Salar plant, then processes the distilled brines into battery grade lithium carbonate at its La Negra chemical plant near the city of Antofagasta in northern Chile.
(Reporting by Dave Sherwood; Editing by Chris Reese)
MONTREAL, Sept. 13, 2021 (GLOBE NEWSWIRE) — The management of Sirios Resources Inc. (TSXV: SOI) is pleased to announce that two clusters of anomalous gold-in-soil samples defining two distinct trends, each approximately 800 meters in length, have been located on the Aquilon gold property in Eeyou Istchee James Bay, Quebec. These gold-in-soil anomalies are not associated with the known high-grade gold showings located 400m to the south, and therefore constitute priority exploration targets requiring follow-up prospecting and trenching. The recently received report highlights these anomalies resulting from the 2020 survey which included 643 humus samples.
A high-resolution helicopter-borne aeromagnetic survey was also completed last week by Geo Data Solutions GDS Inc. on the Aquilon property. The survey, covering the entire property, totals approximately 1,027-line kilometers with flight lines spaced at 75 metre intervals. This survey will help identify geophysical features and targets associated with the recently identified soil anomalies and will provide Sirios' exploration team with important geophysical data to better define the geology and detailed structural patterns of the property.
About the Aquilon Property
This property includes more than thirty surface gold showings, including several very high-grade showings with 560 g/t Au over 0.49 m, 834 g/t Au over 1.71 m and 3,230.89 g/t Au over 0.8 m (ref.: press releases 02/12/2014; 01/01/2011; 26/06/2008). Under the previous operator the showings had been extensively drilled over the years, however the vast majority of these holes averaged less than 60 meters in length and were concentrated on four of the showings. Sirios regained 100% ownership of this property in 2016 and has recently completed a compilation of all available data. The conclusion of this work is that the property is considered to have excellent gold potential and a new exploration program is warranted.
The Aquilon property, which is wholly owned by Sirios, is comprised of 140 claims covering nearly 70 km2. It is located approximately 490 km east of Radisson and is easily accessible by the Trans-Taiga highway, an all-season road crossing the Eeyou Istchee James Bay region.
More information on the property is available in the new Sirios Corporative Presentation, which is available at the following link: Sirios Corporative Presentation – September 2021.
About Sirios
A pioneer in the discovery of significant gold deposits in Eeyou Istchee James Bay, Quebec, Canada, Sirios Resources Inc. is focusing primarily on its Cheechoo gold discovery, while actively exploring the gold potential of its other properties.
Roger Moar, P.Geo. and Dominique Doucet, P.Eng. qualified persons under NI 43-101 prepared and verified the technical information in this press release and reviewed the final version of the text.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of applicable Canadian securities laws based on expectations, estimates and projections as of the date of this press release. Forward-looking statements involve risks, uncertainties and other factors that could cause actual events, results, performance, expectations and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those indicated in such forward-looking statements include, but are not limited to: capital and operating costs that differ materially from estimates; the tentative nature of metallurgical test results; delays or failures in obtaining required governmental, environmental or other approvals; uncertainties related to the availability and cost of necessary financing in the future changes in financial markets; inflation; fluctuations in metal prices; delays in project development; other risks relating to the mineral exploration and development industry; and risks disclosed in public filings of the Company on SEDAR at www. sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements contained in this news release are reasonable, readers should not place undue reliance on this information, which speaks only as of the date of this news release, and there can be no assurance that such events will occur or occur within the time periods presented. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Rules of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact :
Dominique Doucet, President, CEO, Eng.
Tel. : (514) 918-2867
ddoucet@sirios.com
website : www.sirios.com


Uranium producer Cameco, and meme stocks GameStop and AMC Entertainment all made gains early on Monday after generating interest on Reddit’s WallStreetBets forum.
By Geoffrey Smith
Investing.com — U.S. stock markets opened the week higher, rebounding from a week of losses amid brighter news from the pandemic front.
The number of new Covid-19 infections fell consistently last week to be more than 10% off its peak. that has encouraged hopes that the 'delta wave' of the pandemic may soon be over in the U.S., even though deaths – a agging indicator – are still near record levels in some parts of the country.
The Dow Jones Industrial Average was up 291 points, or 0.8%, at 34,899 points. That was outperforming the S&P 500, which was up 0.5%, and the Nasdaq Composite, which was up 0.1%.
Early trading was dominated by frenzied buying of uranium-themed stocks and other products, the latest Big Idea to catch the imagination of retail traders. By 9:50 AM ET (1350 GMT), Cameco (NYSE:CCJ) – the largest North American producer – was up 6.2%, while Uranium Energy (NYSE:UEC) was up 8.1%. Uranium futures have risen over 33% since the middle of August, as a narrative of an undersupplied global market has combined with short-term price spikes in spot power markets in Europe and North America due to low generation from renewables.
Mystery surrounded the other major news of the open, after the official Twitter (NYSE:TWTR) account of cryptocurrency Litecoin deleted a tweet claiming it had struck a long-term partnership deal with Walmart. While the tweet corroborated a legitimate-seeming press release issued through the Globe Newswire organization, it was not independently confirmed by Walmart, and the release also contained an erroneous email address for the supposed media contact at the retail giant. Walmart (NYSE:WMT) stock initially rose over 1% before retreating to be up 0.5%.
Walmart, which attracted attention to its plans for potential crypto cooperation some months back with advertisements for a project manager, subsequently issued a statement denying any linkup with Litecoin.
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TORONTO, Sept. 13, 2021 (GLOBE NEWSWIRE) — Collective Mining Ltd. (TSXV: CNL) (“Collective” or the “Company”) is pleased to announce that a maiden 7,500 metre diamond drilling program is underway at its Guayabales Project, located in Caldas, Colombia. The Guayabales Project (“Guayabales”) is situated contiguous, immediately along strike and to the northwest of Aris Gold’s Marmato gold mine, which contains proven and probable reserves of 2.0 million ounces gold and 4.35 million ounces silver (19.7 Mt grading 3.2 g/t gold and 6.9 g/t silver). The Company interprets the abundant precious metal mineralization encountered throughout Guayabales to be related to multiple mineralised styles that include gold-copper-molybdenum porphyries and associated breccia as well as high grade, precious and base metal vein systems that are superimposed on and enrich the porphyry bodies.
The Company has, to date, generated five unique grassroots targets at Guayabales named Donut, Box, Olympus, Victory and ME (see Figure 1). Each of these targets will be systematically drill tested as part of the Company’s maiden 7,500 metre drill program at Guayabales.
The Donut target has been outlined from mapping and sampling of shallow underground tunnels which exposed mineralized breccia overprinted by a high grade, polymetallic vein stockwork hosting gold, silver, and to a lesser extent, copper mineralization (refer to July 12th, 2021 press release). Drilling is already underway at the target with first assay results anticipated during October, 2021.
The Company’s diamond drilling program will initially consist of short, fanned holes (up to 300 metres) from a single drill pad covering various depths beneath the shallow underground workings to define the potential grade and extent of the mineralized system. Visual observation of early drilling already completed has intersected porphyry breccia with a pyrite matrix which is overprinted by a quartz-carbonate-sphalerite vein stockwork associated with intense sericite alteration over intersection lengths of up to 250 metres. The mineralized breccia system at Donut has been traced along strike and to the west for at least 600 metres and remains open in all directions. Additional drill pads will be constructed in due course to allow the Company to test the strike extent of this target.
A second drill rig will be mobilized to test the Box North target (“Box”) in October, 2021. The Box target is a gold mineralized porphyry system with a high-grade vein overprint. Previous channel sampling (refer to July 29th, 2021 press release) outlined multiple +1 g/t gold grades (range of 1 to 15 g/t gold over widths of 1 to 2 metres) from small and limited outcrop exposures. The samples are located within an overlapping gold, silver and molybdenum soil anomaly covering an area measuring 500 metres in diameter and open in most directions. Due to the limited exposure, a deep penetrating Induced Polarization (“IP”) survey is currently being undertaken at the Box target by Arce Geofisicos using their proprietary AGDAS technology. The survey will generate 3D chargeability and resistivity data for minimum vertical depths of 800m in the search of disseminated sulphide porphyry systems and resistive vein clusters and stockwork zones. The drilling program will focus on testing the mineralized system as defined by mapping, sampling, and the IP program. Results from the IP program covering the Box are expected in September and final drill targets will be selected shortly thereafter.
“The commencement of drilling activities within the Guayabales project represents another important and exciting milestone in the Company’s evolution from early-stage explorer to outlining multiple large, continuous and mineralized porphyry, breccia and high-grade vein systems. In total, we now have five distinct targets defined for first-pass drill testing over the next six months with more to come as we continue to explore and evaluate our highly prospective land package,” commented Ari Sussman, Executive Chairman.
Qualified Person (QP) and NI43-101 Disclosure
David J. Reading is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 (“NI 43-101”) and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same. Mr. Reading has an MSc. in Economic Geology and is a Fellow of the Institute of Materials, Minerals and Mining and of the Society of Economic Geology (SEG).
About Collective Mining Ltd.
Collective is an exploration and development company focused on identifying and exploring prospective gold projects in South America with insider ownership of approximately sixty-five percent. Collective currently holds an option to earn up to a 100% interest in two projects located in Colombia: (i) the San Antonio project; and (ii) the Guayabales project. The 3,780-hectare San Antonio Project is in a historical gold district in the Caldas department of Colombia. With recent geophysical and LIDAR surveys completed, an initial 5,000 metre drill program is underway at the project with initial assay results anticipated in Q3, 2021. The 3,333-hectare Guayabales Project is also located in the mining friendly Caldas department of Colombia. The Guayabales Project is currently undergoing aggressive surface exploration and has begun its own 7,500 meter maiden drill program.
Contact Information
Collective Mining Ltd.
Paul Begin, Chief Financial Officer
Tel. (416) 451-2727
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements about the maiden drill program, including timing of results, and Collective’s future and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties, and assumptions. Many factors could cause actual results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, Collective cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and Collective assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Figure 1: Plan View of the Five Initial Drill Targets at the Guayabales Project
https://www.globenewswire.com/NewsRoom/AttachmentNg/23426ac9-a6e8-4e58-8a25-2e97d25ed6af


BEDFORD, NS / ACCESSWIRE / September 13, 2021 / Silver Spruce Resources Inc. (TSXV:SSE)(FRA:S6Q1)("Silver Spruce" or the "Company") announced today that the Board of Directors has appointed Kevin Thieneman as Chairman of the Board of Directors effective September 10, 2021. Mr. Thieneman was appointed to the Board on April 28, 2020.
Mr. Thieneman was formerly the President of Caterpillar Inc. Forest Products Business Unit, and currently serves as Chairman for LiuGong North America and Vice President of Guangxi LiuGong Machinery Co. Ltd. ("LiuGong"). LiuGong is one of China's largest construction and mining equipment manufacturers with worldwide sales and operations. Mr. Thieneman is a global executive with decades of experience in turnarounds of manufacturing operations and end-to-end businesses, and with extensive on-the-ground experience in China and India. He previously chaired the U.S.-ASEAN Business Council infrastructure committee while leading delegations to Indonesia and Vietnam. He also served as Chairman of the Georgia Association of Manufacturers in 2017-2018. Mr. Thieneman earned a Juris Doctorate, with honors, from the Duke University School of Law. His previous experience includes working as a licensed attorney and Certified Public Accountant in the State of Illinois.
About Silver Spruce Resources Inc.
Silver Spruce Resources Inc. is a Canadian junior exploration company which has signed Definitive Agreements to acquire 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario, and with Colibri Resource Corp. in Sonora, Mexico, to acquire 50% interest in Yaque Minerales S.A de C.V. holding the El Mezquite Au project, a drill-ready precious metal project, and up to 50% interest in each of Colibri's early stage Jackie Au and Diamante Au-Ag projects, with the three properties located from 5 kilometres to 15 kilometres northwest from Minera Alamos's Nicho deposit, respectively. The Company is acquiring 100% interest in the drill-ready and fully permitted Pino de Plata Ag project, located 15 kilometres west of Coeur Mining's Palmarejo Mine, in western Chihuahua, Mexico. Silver Spruce recently signed an LOI to acquire 100% interest in three exploration properties in the Exploits Subzone Gold Belt, located 15-40 kilometres from recent discoveries by Sokoman Minerals Corp. and New Found Gold Corp., central Newfoundland. Silver Spruce Resources Inc. continues to investigate opportunities that Management has identified or that have been presented to the Company for consideration.
Contact:
Silver Spruce Resources Inc.
Michael Kinley, CEO and Director
(902) 402-0388
mkinley@silverspruceresources.com
info@silverspruceresources.com
www.silverspruceresources.com
Neither 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.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the private placement.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
SOURCE: Silver Spruce Resources Inc.
View source version on accesswire.com:
https://www.accesswire.com/663702/Silver-Spruce-Announces-New-Board-Chairman
Val-d'Or, Québec–(Newsfile Corp. – September 13, 2021) – Golden Valley Mines and Royalties Ltd. (TSXV: GZZ) ("Golden Valley") announces that it has been informed by Alexandria Minerals Corporation ("Alexandria"), a wholly owned subsidiary of O3 Mining Inc. ("O3"), that it is exercising its option to acquire an 80% interest in the Centremaque property (the "Property") pursuant to the terms of a Mining Option Agreement between Golden Valley and Alexandria dated April 20, 2017, as amended.
In order to reach the minimum amount of expenditures set out in the Agreement, O3 will issue shares to Golden Valley equivalent to $209,460.00.
Upon the exercise of the option by Alexandria, Golden Valley and Alexandria will form a joint venture to further explore, and if warranted, develop the Property. Golden Valley will have a 20% free-carried interest in the Property, such that Golden Valley will not be responsible for any project costs, including without limitation, construction costs, exploration costs, mine costs and operating costs on the Property, until the commencement of commercial production. In addition, Golden Valley retains a 1.5% royalty on Net Smelter Returns, of which a 0.5% royalty on Net Smelter Returns may be purchased by Alexandria for $1,000,000.
About Golden Valley Mines and Royalties Ltd.
Golden Valley Mines and Royalties Ltd. is focused on project and royalty generation and continues to evaluate opportunities to enhance its mining exploration property portfolio. Golden Valley is able to grow its current assets by way of partner-funded option/joint ventures and through its shareholdings in related-entities.
For additional information, please contact:
Golden Valley Mines and Royalties Ltd.
Glenn Mullan, President & CEO
Tel.: 1-819-824-2808 ext.204
Email: glenn.mullan@gvmroyalties.com
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Corporation 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 realities may differ materially from those in forward-looking statements.
Forward-looking statements are based on the beliefs, estimates and opinions of the Corporation's management on the date the statements are made. Except as required by law, the Corporation undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96340
NEW YORK, NY / ACCESSWIRE / September 13, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.
Bluecity Holdings Limited (NASDAQ:BLCT)
CONTACT JAKUBOWITZ ABOUT BLCT:
https://claimyourloss.com/securities/bluecity-holdings-limited-loss-submission-form/?id=19533&from=1
This lawsuit is on behalf of all persons and entities, other than Defendants, who purchased or otherwise acquired BlueCity American Depositary Shares pursuant and/or traceable to the Offering Documents issued in connection with the Company's initial public offering conducted on or about July 8, 2020.
Lead Plaintiff Deadline: September 17, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Defendants had overstated BlueCity's business and financial prospects; (2) the Company was ill-equipped to absorb the costs of becoming a publicly traded company, including IPO- and growth-related costs; (3) as a result of all the foregoing, Defendants had misrepresented the Company's capability for sustainable growth; and (4) as a result, the Offering Documents were materially false or misleading and/or failed to state information required to be stated therein.
Piedmont Lithium Inc. (NASDAQ:PLL)
CONTACT JAKUBOWITZ ABOUT PLL:
https://claimyourloss.com/securities/piedmont-lithium-inc-loss-submission-form/?id=19533&from=1
Class Period: March 16, 2018 – July 19, 2021
Lead Plaintiff Deadline: September 21, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Cassava Sciences, Inc. (NASDAQ:SAVA)
CONTACT JAKUBOWITZ ABOUT SAVA:
https://claimyourloss.com/securities/cassava-sciences-inc-loss-submission-form/?id=19533&from=1
Class Period : February 2, 2021 – August 24, 2021
Lead Plaintiff Deadline: October 26, 2021
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (a) the quality and integrity of the scientific data supporting Cassava's claims for simufilam's, a small molecule drug designed to treat Alzheimer's disease, efficacy had been overstated; (b) the scientific data supporting Cassava's claims for simufilam's efficacy were biased; and (c) as a result of the foregoing, Defendants' positive statements during the Class Period about the Company's business metrics and financial prospects and the likelihood of Food and Drug Administration approval were false and misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
SOURCE: Jakubowitz Law
View source version on accesswire.com:
https://www.accesswire.com/663747/Lawsuits-Filed-Against-BLCT-PLL-and-SAVA–Jakubowitz-Law-Pursues-Shareholders-Claims
VANCOUVER, British Columbia, Sept. 13, 2021 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that it continues to intersect high-grade gold mineralization in Phase 3 of the North Block resource expansion drill program at the Brucejack Mine in British Columbia.
Phase 3 of the North Block resource expansion drill program was initiated to follow-up on the high-grade gold intersected directly to the north of the Valley of the Kings deposit during Phase 1 and Phase 2 of the North Block drill program (see news releases dated February 25, 2021 and June 15, 2021).
Phase 3 results include seven intersections assaying above 1,000 grams per tonne gold. Drill hole VU-3255 assayed 493.2 grams per tonne gold over 15.0 meters, including 7,360 grams per tonne gold over 1.0 meter. Drill hole VU-3242 assayed 676.8 grams per tonne gold over 7.0 meters, including 3,150 grams per tonne gold over 1.5 meter. High-grade gold mineralization was intercepted up to 450 meters from the current Valley of the Kings resource shell and up to 300 meters from the West Zone resource shell. (See Table 1 below for assays.)
One drill hole from each drill fan was extended to test the exploration potential to the north of the North Block Zone. These extended holes intersected stockwork veining and high-grade gold mineralization along trend from the West Zone. An intersection from drill hole VU-3252 assayed 3,660.0 grams per tonne gold over 1.0 meter at 330.5 meters down hole.
“These new drill results from the North Block zone increase our confidence in the continuity of high-grade gold mineralization to the north of the Valley of the Kings deposit. An updated Mineral Resource estimate is expected to be released in the first half of next year and it will include the North Block zone,” said Jacques Perron, President and Chief Executive Officer of Pretivm. “Phase 4 of the North Block drilling program is currently underway to test the potential to the west of the first three phases of drilling.”
The North Block Zone is located directly to the north of the Valley of the Kings deposit. The resource expansion exploration program is designed to test for Valley of the Kings-style mineralization to the north and at depth. Phase 3 of the program was drilled from the 1150 and 1070 Levels in the mine, targeting an area extending up to 450 meters north of the current Valley of the Kings resource shell.
North Block – Phase 3 Results
Phase 3 of the North Block resource expansion program comprised 25,154 meters in 85 drill holes. Drilling from the 1150 Level intersected the extension of the Domain 13 Stockwork, which is currently being mined in the Valley of the Kings. Drilling from the 1070 Level intersected the recently identified corridor of gold mineralization in the footwall of the Domain 13 structure, featuring coarse electrum in northwest oriented quartz-carbonate veins within a broader halo of lower grade gold mineralization.
For a plan and section view of the 2021 North Block Phase 3 program please see the following link: http://ml.globenewswire.com/Resource/Download/1031d3cf-1d7a-4512-bcab-bcd1901aa4a4.
Significant drill results are shown below:
Hole VU-3042 intersected 93.4 grams per tonne gold over 34.5 meters, including 3,140 grams per tonne gold and 2,000 grams per tonne silver over 1.0 meter.
Hole VU-3241 intersected 133.7 grams per tonne gold over 6.0 meters, including 3,590 grams per tonne gold and 2,680 grams per tonne silver over 1.0 meter.
Hole VU-3242 intersected 676.8 grams per tonne gold over 7.0 meters, including 3,150 grams per tonne gold and 1,870 grams per tonne silver over 1.5 meters.
Hole VU-3249 intersected 5.3 grams per tonne gold over 13.5 meters, including 3,660 grams per tonne gold over and 3,040 grams per tonne silver over 1.0 meter.
Hole VU-3255 intersected 493.2 grams per tonne gold over 15.0 meters, including 7,360 grams per tonne gold and 4,400 grams per tonne silver over 1.0 meter.
Stephanie Wafforn, P.Geo., Pretivm’s Resource Manager is the Qualified Person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects responsible for the Mineral Resource expansion drill program and has reviewed and approved the scientific and technical information in this news release related thereto.
Table 1: Selected North Block Phase 3 Results, September 2021 (VU-3038 to VU-3280)(1,2)
|
Hole No. |
Dip/ Azimuth |
From |
To |
Length |
Gold (g/t) |
Comments |
|
Fan 1070W_L1_351 |
||||||
|
VU-3042 |
10/351 |
37.50 |
72.00 |
34.50 |
93.4 |
|
|
Incl |
56.50 |
57.50 |
1.00 |
3,140 |
2,000 g/t silver |
|
|
And |
352.50 |
354.00 |
1.50 |
69.3 |
||
|
Fan 1070W_L2_5 |
||||||
|
VU-3081 |
-21/005 |
0.00 |
6.00 |
6.00 |
39.2 |
|
|
Incl |
2.50 |
4.50 |
2.00 |
112.5 |
||
|
VU-3084 |
10/005 |
96.00 |
98.00 |
2.00 |
382.9 |
|
|
VU-3086 |
29/005 |
40.50 |
41.50 |
1.00 |
110.5 |
|
|
Fan 1070W_L3_18 |
||||||
|
VU-3096 |
48/018 |
27.00 |
39.00 |
12.00 |
5.1 |
|
|
Incl |
27.00 |
28.50 |
1.50 |
24.1 |
||
|
VU-3097 |
38/018 |
43.00 |
44.00 |
1.00 |
575.0 |
|
|
VU-3100 |
10/018 |
0.00 |
18.00 |
18.00 |
7.1 |
|
|
Incl |
6.00 |
7.50 |
1.50 |
69.3 |
||
|
Fan 1150_ELVL_L1 |
||||||
|
VU-3140 |
48/025 |
272.00 |
273.00 |
1.00 |
856.0 |
|
|
VU-3141 |
38/025 |
258.00 |
263.00 |
5.00 |
60.8 |
|
|
VU-3143 |
19/025 |
447.00 |
450.00 |
3.00 |
67.4 |
|
|
And |
469.50 |
475.50 |
6.00 |
14.8 |
||
|
Fan 1150_ELVL_L2 |
||||||
|
VU-3149 |
48/025 |
220.50 |
238.50 |
18.00 |
48.3 |
|
|
Incl |
220.50 |
221.50 |
1.00 |
804.0 |
||
|
And |
261.50 |
285.50 |
24.00 |
34.4 |
||
|
Incl |
261.50 |
262.50 |
1.00 |
778.0 |
||
|
VU-3156 |
-21/025 |
177.00 |
178.00 |
1.00 |
833.0 |
|
|
Fan 1070_RMK1 |
||||||
|
VU-3240 |
48/025 |
27.00 |
48.00 |
21.00 |
7.2 |
|
|
Incl |
27.00 |
28.00 |
1.00 |
74.3 |
||
|
And |
169.50 |
175.00 |
5.50 |
10.5 |
||
|
VU-3241 |
38/025 |
112.50 |
118.50 |
6.00 |
133.7 |
|
|
And |
163.86 |
164.86 |
1.00 |
3,590 |
2,680 g/t silver |
|
|
And |
184.50 |
186.00 |
1.50 |
332.0 |
||
|
VU-3242 |
29/025 |
50.00 |
57.00 |
7.00 |
676.8 |
|
|
Incl |
52.50 |
54.00 |
1.50 |
3,150 |
1,870 g/t silver |
|
|
VU-3243 |
19/025 |
48.00 |
54.00 |
6.00 |
98.7 |
|
|
Incl |
48.00 |
49.00 |
1.00 |
558.0 |
||
|
VU-3244 |
10/025 |
42.00 |
47.50 |
5.50 |
9.7 |
|
|
Fan 1070_ELVL |
||||||
|
VU-3248 |
48/025 |
12.50 |
13.50 |
1.00 |
1,060 |
|
|
And |
87.00 |
88.00 |
1.00 |
1,530 |
1,100 g/t silver |
|
|
VU-3249 |
38/025 |
37.50 |
51.00 |
13.50 |
5.3 |
|
|
VU-3252 |
10/025 |
330.50 |
331.50 |
1.00 |
3,660 |
3,040 g/t silver |
|
VU-3254 |
-10/025 |
9.65 |
17.85 |
8.20 |
47.8 |
|
|
Incl |
16.85 |
17.85 |
1.00 |
366.0 |
||
|
VU-3255 |
-21/025 |
7.50 |
22.50 |
15.00 |
493.2 |
|
|
Incl |
12.60 |
13.60 |
1.00 |
7,360 |
4,400 g/t silver |
|
(1) True thickness to be determined.
(2) All samples were submitted for preparation and analysis by ALS Chemex at its facilities in Terrace, B.C. All samples were analyzed using multi-digestion with ICP-MS finish and fire assay with AA finish for gold. Samples over 100 ppm silver were reanalyzed using four acid digestion with an ore grade AA finish. Samples over 1,500 ppm silver were fire assayed with a gravimetric finish. Samples with over 10 ppm gold were fire assayed with a gravimetric finish. One in 20 samples was blank, one in 20 was a standard sample, and one in 20 samples had a sample cut from assay rejects assayed as a field duplicate at ALS Chemex in North Vancouver, B.C. ALS Chemex is independent of Pretivm.
About Pretivm
Pretivm is an intermediate gold producer with the high-grade gold underground Brucejack Mine.
For further information contact:
Troy Shultz
Director, Investor Relations &
Corporate Communications
Pretium Resources Inc.
Suite 2300, Four Bentall Centre, 1055 Dunsmuir Street
PO Box 49334 Vancouver, BC V7X 1L4
(604) 558-1784
invest@pretivm.com
(SEDAR filings: Pretium Resources Inc.)
Regarding Forward-Looking Information
This news release contains “forward-looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation (collectively herein referred to as “forward-looking information”), including the “safe harbour” provisions of Canadian provincial securities legislation and the U.S. Private Securities Litigation Reform Act of 1995, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and Section 27A of the U.S. Securities Act of 1933, as amended. Wherever possible, words such as “plans”, “expects”, “guidance”, “projects”, “assumes”, “budget”, “strategy”, “scheduled”, “estimates”, “forecasts”, “anticipates”, “believes”, “intends”, “modeled”, “targets” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking information. Forward-looking information may include, but is not limited to: results, analyses and interpretations of exploration and drilling programs; our mining (including mining methods), expansion, exploration and development activities, including the reverse circulation drill program, our definition, sustaining, expansion and underground exploration drill programs, our follow-up and near-mine exploration programs and our grassroots exploration program, and the specifications, targets, results, benefits, costs and timing thereof; expectations around grade of gold and silver production; Brucejack Mine production rate and gold recovery rate; our operational grade control program, including plans with respect to our infill drill program and our local grade control model; grade reconciliation, updated geological interpretation and mining initiatives with respect to the Brucejack Mine; our management, operational plans and strategy; capital, sustaining and operating cost estimates and timing thereof; the future price of gold and silver; our liquidity and the adequacy of our financial resources (including capital resources); our intentions with respect to our capital resources; capital allocation plans; the estimation of mineral resources and mineral resources including any updates thereto; parameters and assumptions used to estimate mineral resources and mineral resources; realization of mineral resource and mineral resource estimates; our estimated life of mine and life of mine plan for the Brucejack Mine; production and processing estimates and estimated rates; estimated economic results of the Brucejack Mine; predicted metallurgical recoveries for gold and silver; geological and mineralization interpretations; development of our Brucejack Mine and timing thereof; timelines and similar statements relating to the economic viability of the Brucejack Mine, including mine life, total tonnes mined and processed and mining operations; updates to our mineral resources and mineral resources and life of mine plan for the Brucejack Mine, and the anticipated effects and timing thereof; timing, receipt, and anticipated effects of, and anticipated capital costs in connection with, approvals, consents and permits under applicable legislation; and the effects of the novel coronavirus (2019-nCoV) outbreak as a global pandemic, including anticipated operational and financial impacts, and our response and contingency plans. Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual results, actions, events, conditions, performance or achievements to materially differ from those expressed or implied by the forward-looking information including, without limitation, those related to: the effect of indebtedness on cash flow and business operations; the effect of a pandemic and particularly the COVID-19 outbreak as a global pandemic on the Company’s business, financial condition and results of operations and the impact of the COVID-19 outbreak on our workforce, suppliers and other essential resources and what effect those impacts, if they occur, would have on our business, financial condition and results of operations; assumptions regarding expected capital costs, operating costs and expenditures, production schedules, economic returns and other projections; our production, grade of gold, milling recovery, cash flow and cost estimates, including the accuracy thereof; commodity price fluctuations, including gold and silver price volatility; the accuracy of our Mineral Resource and Resource estimates (including with respect to size, grade and mining and milling recoverability) and the geological, operational costs and price assumptions on which they are based; uncertainties relating to inferred Mineral Resources being converted into Measured or Indicated Mineral Resources; our ability to maintain or increase our annual production of gold at the Brucejack Mine or discover, develop or acquire Mineral Resources for production; dependency on the Brucejack Mine for our future operating revenue; the development of our properties and expansion of our operations; our need or ability to raise enough capital to mine, develop, expand or complete further exploration programs on our mineral properties; our ability to generate operating revenues and cash flow in the future; failure of counterparties to perform their contractual obligations; general economic conditions; the inherent risks in the mining industry; the commercial viability of our current and any acquired mineral rights; availability of suitable infrastructure or damage to existing infrastructure; transportation, processing and refining risks; maintaining satisfactory labour relations with employees and contractors; significant governmental regulations, including environmental regulations; non-compliance with permits that are obtained or delay in obtaining or renewing, failure to obtain or renew permits required in the future; increased costs and restrictions on operations due to compliance with health, safety and environmental laws and regulations; compliance with emerging climate change regulation and the detrimental effects of climate change; potential opposition from non-governmental organizations; uncertainty regarding unsettled First Nations rights and title in British Columbia; maintaining our social license to operate; uncertainties related to title to our mineral properties and surface rights; land reclamation and mine closure requirements; our ability to identify and successfully integrate any material properties we acquire; currency exchange rate fluctuations; competition in the mining industry for properties, qualified personnel and management; our ability to attract and retain qualified management and personnel; potential inability to attract development partners or our ability to identify attractive acquisitions; compliance with foreign corrupt practices regulations and anti-bribery laws; changes to rules and regulations, including accounting practices; limitations in our insurance coverage and the ability to insure against certain risks; risks related to ensuring the security and safety of information systems, including cyber security risks; significant growth could place a strain on our management systems; share ownership by our significant shareholders and their ability to influence our operations and governance and, in case of sales of our shares by such significant shareholders, our share price; failure to comply with certain terms of the convertible notes; reputational risks; and certain actions under United States federal securities laws may be unenforceable. This list is not exhaustive of the factors that may affect any of our forward-looking information. Although we have attempted to identify important factors that could cause actual results, actions, events, conditions, performance or achievements to differ materially from those contained in forward-looking information, there may be other factors that cause results, actions, events, conditions, performance or achievements to differ from those anticipated, estimated or intended. Our forward-looking information is based on the assumptions, beliefs, expectations and opinions of management on the date the statements are made, many of which may be difficult to predict and beyond our control. In connection with the forward-looking information contained in this news release, we have made certain assumptions about, among other things: our business and operations and that no significant event will occur outside of our normal course of business and operations (other than as expressly set out herein); planned exploration, development and production activities and the results, costs and timing thereof; future price of gold and silver and other metal prices; the accuracy of our Mineral Resource and Mineral Resource estimates and related information, analyses and interpretations (including with respect to any updates or anticipated updates); the geology and mineralization of the Brucejack Project; operating conditions; capital and operating cost estimates; the results, costs and timing of future exploration and drilling; timelines and similar statements relating to the economic viability of the Brucejack Mine; timing and receipt of governmental, regulatory and third party approvals, consents, licenses and permits; obtaining required renewals for existing approvals, consents, licenses and permits; the geopolitical, economic, permitting and legal climate that we operate in; the adequacy of our financial resources, and our ability to raise any necessary additional capital on reasonable terms; commodity prices; currency exchange rates and interest rates; political and regulatory stability; requirements under applicable laws; market competition; sustained labour stability and availability of equipment; positive relations with local groups; stability in financial capital markets; and the impact of the COVID-19 outbreak. Although we believe that the assumptions inherent in forward-looking information are reasonable as of the date of this news release, these assumptions are subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward-looking information. The Company cautions that the foregoing list of assumptions is not exhaustive. Other events or circumstances could cause actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward-looking information contained in this news release. Additional information about the risks and uncertainties concerning forward-looking information and material factors or assumptions on which such forward-looking information is based is provided in our public disclosure documents as filed in Canada on SEDAR at www.sedar.com and in the United States through EDGAR at the Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov. Forward-looking information is not a guarantee of future performance. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Forward-looking information involves statements about the future and is inherently uncertain, and our actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking information due to a variety of risks, uncertainties and other factors. For the reasons set forth above, readers should not place undue reliance on forward-looking information. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. Neither the TSX nor the NYSE has approved or disapproved of the information contained herein.


PHILADELPHIA, Sept. 13, 2021 /PRNewswire/ — FMC Corporation (NYSE: FMC) announced that Qingdao Intermediate Court in China has ruled in its favor in the chlorantraniliprole patent infringement suit against Shandong Weifang Rainbow Chemical Co. Ltd. ("Rainbow"). The Court found Rainbow infringed on FMC's composition of matter patent for the insecticidal active ingredient chlorantraniliprole and a key intermediate to manufacture chlorantraniliprole.
The judgement includes a permanent injunction ordering Rainbow to immediately stop manufacturing, selling, offering to sell and using chlorantraniliprole, upon the effective date of the judgement. The court also ordered the China-based crop protection manufacturer to compensate FMC for related damages. Rainbow's infringement had enabled it to unfairly compete in the crop protection market and benefit from FMC's significant investments in this important product.
"We are pleased with the decision of the Court," said Michael Reilly, FMC executive vice president, general counsel and secretary. "This decision strengthens FMC's confidence in protecting and enforcing its patents in China. This result also reinforces the value of our commitment to bring innovation to growers around the world."
FMC maintains an extensive patent estate for its proprietary chlorantraniliprole technology, including patents that cover active ingredient composition of matter, manufacturing, formulations and other areas protected by intellectual property laws in the U.S., China, India, and other important agricultural markets throughout the world. The company has invested significantly to research, develop and commercialize chlorantraniliprole, a proprietary, breakthrough technology designed to control a wide variety of destructive insects that can destroy a farmer's crops and dramatically lower food production. FMC markets its products that contain chlorantraniliprole under several brand names around the world, including Rynaxypyr® active, Coragen® insect control, Altacor® insect control, Prevathon® insect control, Premio® insect control and Ferterra® insect control.
"Intellectual property rights are essential for the continued innovation of crop protection solutions and thereby serve the interest of our growers, customers, investors, employees, suppliers and partners. Infringing, illegal and counterfeit crop protection products not only reduce incentives for investing in innovation, they can pose a health and safety risk for growers and consumers, as well as an environmental hazard," said Reilly. "FMC is committed to product stewardship, sustainability and vigorously defending our intellectual property. By enforcing our patents, we help keep these illegal products out of the market."
About FMC
FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically while protecting the environment. With approximately 6,400 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn® and Twitter®.
View original content to download multimedia:https://www.prnewswire.com/news-releases/court-rules-in-fmc-corporations-favor-in-patent-infringement-case-against-shandong-weifang-rainbow-chemical-co-ltd-301375733.html
SOURCE FMC Corporation
TAMPA, FL / ACCESSWIRE / September 13, 2021 / The Mosaic Company (NYSE:MOS) announced its August 2021 sales revenue and volumes by business unit.
|
Potash(1) |
August 2021 |
August 2020 |
|
Sales volumes in thousands of tonnes (2) |
610 |
741 |
|
Sales revenue in millions |
$196 |
$154 |
|
Mosaic Fertilizantes(1) |
August 2021 |
August 2020 |
|
Sales volumes in thousands of tonnes (2) |
1,134 |
1,266 |
|
Sales revenue in millions |
$602 |
$393 |
|
Phosphates (1) |
August 2021 |
August 2020 |
|
Sales volumes in thousands of tonnes (2) |
666 |
743 |
|
Sales revenue in millions |
$465 |
$261 |
(1) The revenue and tonnes presented are sales as recognized in the month and do not reflect current market conditions due to the delays between pricing and revenue recognition.
(2) Tonnes = finished product tonnes
About The Mosaic Company
The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphates and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com .
|
The Mosaic Company Contacts |
|
|
Media: |
Investors: |
|
Ben Pratt, 813-775-4206 |
Laura Gagnon, 813-775-4214 or |
|
Paul Massoud, 813-775-4260 |
|
SOURCE: The Mosaic Company
View source version on accesswire.com:
https://www.accesswire.com/663611/Mosaic-Announces-August-2021-Sales-Revenue-and-Volumes
KELOWNA, BC, Sept. 13, 2021 /CNW/ – Cantex Mine Development Corp. (TSXV: CD) (the "Company") has released an update on the work program at its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon.
Dr. Charles Fipke reports:
Main Zone Drill Results
Since the news release of July 13, 2021, ten core holes have been completed from drill pads MZ36, MZ49A, MZ50A, MZ51 and MZ51A in the central and northeastern part of the Main Zone (refer to Map 1). Exceptionally strong lead-zinc massive sulphide intersections were encountered in nine of the ten holes drilled with strong copper mineralization present in seven of the nine holes. The mineralized intersections varied in apparent widths up to 11.3 metres. Drill confirmed mineralization extends 2.1km from the strongly mineralized Extension Target to Pad MZ51A. The mineralization is open to depth and along strike.
High Grade Copper – Anomaly G66
Two core holes, each at a -45 degree dip were drilled to test the area of surface rock sampling that analyzed up to 21.7% copper and 60 g/ton silver. Massive chalcopyrite (copper-rich sulphide) was intersected between 20.5 and 20.8 metres in the first core hole drilled at an azimuth of 261 degrees and moderate to strong chalcopyrite was intersected between 47 and 55.4 metres in the second hole drilled at an azimuth of 286 degrees. However, the actual target depth was about 90 metres to the zone of surficial high grade copper mineralization in rock/talus so it is believed that the zone of surficial high-grade copper has not yet been intersected. See Map 2 for the location of Anomaly G66.
Two possible explanations have been identified for the location of the mineralization.
First, structural geologist Chris Buchanan has indicated the high-grade surficial copper to be controlled by axial plane cleavage faults of a F1 syncline (synform). It is thus possible that the drill holes passed under the copper mineralization controlled by the syncline. A vertical hole at the site of the surficial high- grade copper would determine the thickness and grade of copper mineralization within the syncline and determine underlying bedding dips (valuable for structural interpretation).
Second, the zone of high-grade surficial rock/talus copper mineralization is not outcropping because it is covered by extensive talus and alpine glacial sediments. An alpine glacier has moved downslope in an east to west direction covering the north-south trending zone of mineralization in talus. It is thus possible that the high-grade copper mineralization in talus has been moved by the alpine glacier (and perhaps talus slides) from upper dolomitic units in the east, westward downslope to the present north-south trending area containing the high-grade copper mineralization in rock/talus.
Further work to be done consisting of soil-talus samples will be collected beginning at the highest topography in the east, down the slope of the alpine glacier westward to the high-grade surficial copper zone. The analytical results of these soil-talus samples for copper will determine whether there is a high-grade copper zone east of the present drill pad.
The drill rig will remain on site until it is determined whether it should be moved eastward or alternatively to the high-grade copper zone to test the possible synclinal thickness with a vertical hole.
The technical information and results reported here have been reviewed by Mr. Chad Ulansky P.Geol., a Qualified Person under National Instrument 43-101, who is responsible for the technical content of this release.
Signed,
Charles Fipke
Charles Fipke
Chairman
Neither 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. Information set forth in this news release includes forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks identified in the management discussion and analysis section of the Company's interim and most recent annual financial statements or other reports and filings with Canadian securities regulators. Forward looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the respective companies undertake no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.
SOURCE Cantex Mine Development Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2021/13/c6320.html
Vancouver, British Columbia–(Newsfile Corp. – September 13, 2021) – IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) ("IMPACT" or the "Company") is pleased to announce it has purchased another surface drilling rig to add to productivity of its exploration plans for 2021-2022. This brings the total Company-owned drill fleet to two surface and two underground rigs. To date in 2021, IMPACT has drilled over 9,000 meters. Initial drill assay results have been published and further results are pending.
With this new drilling capacity IMPACT plans to add a second phase of drilling for an additional 10,000 meters to test priority targets including the Pachuqueno area of the Guadalupe Mine, southern extensions of the San Ramon mine, and initial drilling on new greenfields targets developed by the Exploration team.
CEO Fred Davidson stated "With cashflow positive at operations and a healthy treasury we are focusing on following up on the many qualified and highly prospective targets within our GIS database on our large 211 square kilometer land package. The fourth drill will add productivity and capacity for us to test new targets starting with the San Ramon Mine South area which could open up new areas for mining."
The current Phase One 10,000 metre drill program on both near mine and greenfield exploration targets (see IMPACT news release dated February 1, 2021) program is ongoing. Initial Phase One drill results from the Veta Negra Mine area included 9.8 meters of 211 g/t Silver and 13.85 meters of 186g/t Silver (see IMPACT news release dated July 13, 2021).
ABOUT IMPACT SILVER
IMPACT Silver Corp. is a successful silver-gold explorer-producer with two processing plants on adjacent districts within its 100% owned mineral concessions covering 211km2 in central Mexico with excellent infrastructure and labor force. Over the past 15 years, IMPACT has produced over 10.9 million ounces of silver, generating revenues over $212 million, with no long-term debt. At the Royal Mines of Zacualpan Silver District, three underground silver mines and one open pit mine feed the central Guadalupe processing plant. To the south, in the Mamatla District, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with a mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016 for details). Company engineers are reviewing Capire for potential restart of operations in light of current elevated silver prices. With 15 years of exploration successes leading to production cash flows, IMPACT has shown the Zacualpan Silver-Gold District to be endowed with many high-grade silver-gold zones and has placed multiple zones into commercial production.
Additional information about IMPACT and its operations can be found on the Company website at www.impactsilver.com. Follow us on Twitter @IMPACT_Silver and LinkedIn at https://www.linkedin.com/company/impactsilver.
Qualified Person and NI 43-101 Disclosure
George Gorzynski, P. Eng., Vice President and Director of IMPACT Silver Corp., and a Qualified Person as defined under Canadian National Instrument 43-101, approved the technical information in this news release..
On behalf of IMPACT Silver Corp.
"Frederick W. Davidson"
President & CEO
For more information, please contact:
Jerry Huang
CFO | Investor Relations
(778) 887-6489 or inquiries@impactsilver.com
Neither 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.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors but not limited to, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationship with vendors and strategic partners, government regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101 the Company is required to disclose that it has not based its production decisions on NI 43-101 compliant mineral resource or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
705-543 Granville Street Telephone (604)664-7707
Vancouver, BC, Canada V6C 1X8
www.impactsilver.com
Twitter
LinkedIn
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96288
Just because a business does not make any money, does not mean that the stock will go down. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.
Given this risk, we thought we'd take a look at whether CZR Resources (ASX:CZR) shareholders should be worried about its cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. First, we'll determine its cash runway by comparing its cash burn with its cash reserves.
View our latest analysis for CZR Resources
A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. In December 2020, CZR Resources had AU$2.6m in cash, and was debt-free. Importantly, its cash burn was AU$3.3m over the trailing twelve months. So it had a cash runway of approximately 9 months from December 2020. To be frank, this kind of short runway puts us on edge, as it indicates the company must reduce its cash burn significantly, or else raise cash imminently. You can see how its cash balance has changed over time in the image below.
Although CZR Resources reported revenue of AU$10k last year, it didn't actually have any revenue from operations. To us, that makes it a pre-revenue company, so we'll look to its cash burn trajectory as an assessment of its cash burn situation. With the cash burn rate up 43% in the last year, it seems that the company is ratcheting up investment in the business over time. However, the company's true cash runway will therefore be shorter than suggested above, if spending continues to increase. CZR Resources makes us a little nervous due to its lack of substantial operating revenue. We prefer most of the stocks on this list of stocks that analysts expect to grow.
Given its cash burn trajectory, CZR Resources shareholders should already be thinking about how easy it might be for it to raise further cash in the future. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. Many companies end up issuing new shares to fund future growth. We can compare a company's cash burn to its market capitalisation to get a sense for how many new shares a company would have to issue to fund one year's operations.
CZR Resources' cash burn of AU$3.3m is about 11% of its AU$31m market capitalisation. Given that situation, it's fair to say the company wouldn't have much trouble raising more cash for growth, but shareholders would be somewhat diluted.
On this analysis of CZR Resources' cash burn, we think its cash burn relative to its market cap was reassuring, while its cash runway has us a bit worried. Summing up, we think the CZR Resources' cash burn is a risk, based on the factors we mentioned in this article. On another note, CZR Resources has 6 warning signs (and 3 which are a bit unpleasant) we think you should know about.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies, and this list of stocks growth stocks (according to analyst forecasts)
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.
TORONTO, ON / ACCESSWIRE / September 13, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI)(OTC PINK:BKIRF)(FRANKFURT:BIN) has received a number of inbound inquires from shareholders over the past two weeks seeking an update on the Shymanivske Iron Ore Project (the "Project") and progress with reaching binding offtake, land transfer and Ukraine government investment support agreements.
Further to the press release of the Company on June 30, 2021 and March 8, 2021, solid progress is being made by Wood PLC ("Wood") on the Project's feasibility study and Environmental Resources Management ("ERM") on the Environmental & Social Impact Assessment ("EISA") which are prerequisites to entering binding agreements for the royalty and construction debt.
ERM continues to advance the EISA with several field site investigations completed. Efforts are currently being made to locate Black Iron's future processing plant, tailings, waste rock stockpiles and the defence training grounds to minimise the impact on the environmental and local communities while ensuring the Project's viability.
Similarly, Wood continues to make good progress on the Project's feasibility study which Black Iron anticipates completing in early 2022. Work is currently focused on finalizing the process design criteria, overall site layout, mine equipment selection and pit shell optimization. The next steps entail finalizing the mass and energy balance and the process flow diagrams, followed by major equipment sizing upon which requests for price quotations will be sent to equipment suppliers.
The following is a brief update on the key binding contracts management is progressing:
Offtake agreement – discussions with Cargill on this very complex binding agreement have been very positive and productive to date with the majority of the commercial terms having been settled and only a few key outstanding items left to resolve. The Company expects to complete these discussions shortly and will provide an update once a binding agreement is executed.
Land transfer – the Deputy Minister of Defence ("MOD") and Chief of Ukraine's armed forces who were responsible for Black Iron's land transfer agreement were both recently replaced which has caused an unexpected delay. The Chief of the armed forces has since been replaced and a replacement for the Deputy Minister responsible to handle Black Iron's land transfer is anticipated to occur very soon. The MOD land transfer agreement is not expected to impact the ability to enter into any of the other binding agreements, but will be a condition president to funding the Project. The change in Deputy Minister and Chief of Armed Forces could potentially accelerate bringing the land transfer agreement to conclusion as there may be better alignment between these two branches of the armed forces. Engineering designs for the new military training facility are well advanced with layout drawing for new buildings and ranges, initial building designs and cost estimate nearly completed.
Ukraine Government support & tax agreement – Ukraine's government is still drafting legislation for implementation of this new law and Black Iron is compiling several large documents based on the legislation that has been finalized to date. The Company has entered into a memorandum of understanding on corporation with UkraineInvest which is the branch of Ukraine's government tasked to negotiate investment agreements.
Royalty & debt financing – the next step is for independent engineers, marketing, tax and legal advisors to be engaged to conduct due diligence on behalf of the investors. This will likely commence prior to year end as further progress needs to be made on the feasibility study and EISA to ensure an efficient review given Black Iron needs to pay the costs for this diligence on behalf of the investors as is customary.
About Black Iron
Black Iron is an iron ore exploration and development company, advancing its 100% owned Shymanivske Iron Ore Project located in Kryviy Rih, Ukraine. Full mineral resource details and projected project economics can be found in the NI 43-101 technical report entitled "(Amended) Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit" published in March 2020 with an effective date of November 21, 2017 under the Company's profile on SEDAR at www.sedar.com. The Project is surrounded by five other operating mines, including Metinvest's YuGOK and ArcelorMittal's iron ore complex. Please visit the Company's website at www.blackiron.com for more information.
For more information, please contact:
Matt Simpson
Chief Executive Officer
Black Iron Inc.
info@blackiron.com
Forward-Looking Information
This press release contains forward-looking information. Forward-looking information is based on what management believes to be reasonable assumptions, opinions and estimates of the date such statements are made based on information available to them at that time. Forward-looking information may include, but is not limited to, statements with respect to the Wood's progress on the feasibility study and expected delivery date, ERM's progress on the ESIA, layout and location of the Project's facilities, mass and energy balance, the process flow diagrams and equipment quotations for the Project, negotiations with Cargill on the offtake agreement, negotiations with MOD on the land transfer agreement, negotiations with the Ukrainian government on support and tax agreements, royalty and debt financing, construction and development of the Project and the Company's future plans. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", 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". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; progress of the Company's service providers; negotiations with third parties; other risks of the mining industry and the risks described in the annual information form of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 such information 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 information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. The Company notes that mineral resources are not mineral reserves and do not have demonstrated economic viability.
SOURCE: Black Iron
View source version on accesswire.com:
https://www.accesswire.com/663653/Black-Iron-Project-and-Key-Agreement-Update
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So on that note, Albertsons Companies (NYSE:ACI) looks quite promising in regards to its trends of return on capital.
For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for Albertsons Companies:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets – Current Liabilities)
0.098 = US$2.0b ÷ (US$27b – US$6.7b) (Based on the trailing twelve months to June 2021).
Therefore, Albertsons Companies has an ROCE of 9.8%. On its own, that's a low figure but it's around the 8.3% average generated by the Consumer Retailing industry.
See our latest analysis for Albertsons Companies
Above you can see how the current ROCE for Albertsons Companies compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company.
Albertsons Companies' ROCE growth is quite impressive. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 114% in that same time. Basically the business is generating higher returns from the same amount of capital and that is proof that there are improvements in the company's efficiencies. The company is doing well in that sense, and it's worth investigating what the management team has planned for long term growth prospects.
As discussed above, Albertsons Companies appears to be getting more proficient at generating returns since capital employed has remained flat but earnings (before interest and tax) are up. And a remarkable 117% total return over the last year tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist.
If you'd like to know about the risks facing Albertsons Companies, we've discovered 4 warning signs that you should be aware of.
While Albertsons Companies may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.
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.
SAN FRANCISCO, CA / ACCESSWIRE / September 12, 2021 / Hagens Berman urges Piedmont Lithium Inc. (NASDAQ:PLL) investors with significant losses to submit your losses now.
Class Period: Mar. 16, 2018 – July 19, 2021
Lead Plaintiff Deadline: Sept. 21, 2021
Visit:www.hbsslaw.com/investor-fraud/PLL
Contact An Attorney Now:PLL@hbsslaw.com
844-916-0895
Piedmont Lithium Inc. (PLL) Securities Fraud Class Action:
The complaint alleges that Defendants misrepresented and concealed material information concerning Piedmont's progress toward obtaining necessary permits and zoning variances to build a large lithium mine in Gaston County, North Carolina.
Specifically, Defendants failed to disclose that Piedmont: (1) has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits, (2) did not inform relevant government authorities of its actual plans, (3) did not file proper applications with state and local authorities, and (4) did not have "strong local government support."
On July 20, 2021, investors began to learn the truth when Reuters reported that (1) Piedmont had not even applied for the necessary mining permit or zoning variances, (2) five of the seven members of the Gaston County's board of commissioners, who control zoning changes, say they may block or delay the project because Piedmont has not told them what levels of dust, noise and vibrations will occur, nor how water and air quality would be affected, and (3) the relationship between the company and county officials is increasingly strained.
These events sent the price of Piedmont American Depository Shares sharply lower.
Most recently, on Aug. 6, 2021, Reuters reported the Gaston County Commissioners unanimously approved a 60-day mining moratorium and said the company "cannot be trusted" to protect the health, safety, and welfare of citizens. Reuters also reported an outside adviser to the Commissioners informed them that a mine of this size was never anticipated in the development regulations.
"We're focused on investors' losses and proving Piedmont concealed known building permit and zoning risks posed by the Gaston County mine," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Piedmont Lithium and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding Piedmont Lithium should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email PLL@hbsslaw.com.
# # #
About Hagens Berman
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
CONTACT:
Reed Kathrein, 844-916-0895
SOURCE: Hagens Berman Sobol Shapiro LLP
View source version on accesswire.com:
https://www.accesswire.com/663646/PLL-FINAL-DEADLINE-ALERT-Hagens-Berman-Urges-Piedmont-Lithium-PLL-Investors-with-Losses-to-Contact-Firms-Attorneys-Now-Lead-Plaintiff-Opportunity-in-Securities-Class-Action
NEW YORK, NY / ACCESSWIRE / September 12, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.
Piedmont Lithium Inc. (NASDAQ:PLL)
If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/piedmont-lithium-inc-loss-submission-form?prid=19509&wire=1
Lead Plaintiff Deadline: September 21, 2021
Class Period: March 16, 2018 – July 19, 2021
Allegations against PLL include that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Koninklijke Philips N.V. (NYSE:PHG)
If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/koninklijke-philips-n-v-loss-submission-form?prid=19509&wire=1
Lead Plaintiff Deadline: October 15, 2021
Class Period: February 25, 2020 – June 11, 2021
Allegations against PHG include that: (i) Philips had deficient product manufacturing controls or procedures; (ii) as a result, the Company's Bi-Level PAP and CPAP devices and mechanical ventilators were manufactured using hazardous materials; (iii) accordingly, the Company's sales revenues from the foregoing products were unsustainable; (iv) the foregoing also subjected the Company to a substantial risk of a product recall, in addition to potential legal and/or regulatory action; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Live Ventures Incorporated (NASDAQ:LIVE)
If you suffered a loss, contact us at:https://www.wongesq.com/pslra-1/live-ventures-incorporated-loss-submission-form?prid=19509&wire=1
Lead Plaintiff Deadline: October 12, 2021
Class Period: December 28, 2016 – August 3, 2021
Allegations against LIVE include that: 1) Live's earnings per share for FY 2016 was actually only $6.33 per share; (2) the Company used an artificially low share count to boost the earnings per share by 40%; (3) Live had overstated pretax income for fiscal 2016 by 20% by including $915,500 of "other income" related to certain amendments that were not negotiated until after the close of the fiscal year; (4) Live's acquisition of ApplianceSmart did not close during first quarter 2017; (5) using December 30, 2017 as the "acquisition date" and recognizing income therefrom did not conform to generally accepted accounting principles; (6) by falsely stating that the acquisition closed during the quarter, Live recognized bargain purchase gain, which enabled the Company to report positive net income in what would otherwise have been an unprofitable quarter; (7) between fiscal 2016 and fiscal 2018, Live's CEO received approximately 94% more in compensation than was disclosed to investors; and (8) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
SOURCE: The Law Offices of Vincent Wong
View source version on accesswire.com:
https://www.accesswire.com/663658/SHAREHOLDER-ALERT-PLL-PHG-LIVE-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines
(Bloomberg) — Plant workers at a Codelco mine in Chile agreed to end a strike while union members at a BHP Group mine accepted a new wage proposal, easing labor tensions in the top copper-producing nation.
Codelco reached a deal to end a more than three-week stoppage by members of the Suplant union at its Andina mine, the state-owned company said Friday, allowing the central Chilean operation to ramp back up.
At BHP’s Cerro Colorado mine, workers voted Saturday to accept an offer hammered out by the two negotiating teams in mediated talks this week, avoiding a strike. Union members at Salvador, Codelco’s smallest mine, are scheduled to vote Monday on a new offer delivered during mediation.
The breakthroughs follow strike-ending agreements earlier this month with the two main unions at Andina and at a mine owned by JX Nippon Mining & Metals. Chile is coming to the end of an intense period of contract renewals, with the industry so far managing to avoid stoppages at top-tier mines such as Escondida and El Teniente.
Workers used high copper prices and profits as leverage in the talks while companies looked to contain labor costs in a cyclical industry that has seen input prices start to rise.
(Adds result of Cerro Colorado vote)
More stories like this are available on bloomberg.com
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Whilst it may not be a huge deal, we thought it was good to see that the Resolute Mining Limited (ASX:RSG) Independent Non-Executive Chairman, Marthinus Botha, recently bought AU$71k worth of stock, for AU$0.47 per share. Even though that isn't a massive buy, it did increase their holding by 330%, which is arguably a good sign.
View our latest analysis for Resolute Mining
In fact, the recent purchase by Marthinus Botha was the biggest purchase of Resolute Mining shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of AU$0.43. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.
Resolute Mining insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Resolute Mining is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data suggests Resolute Mining insiders own 1.0% of the company, worth about AU$4.8m. We consider this fairly low insider ownership.
It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Resolute Mining insiders are expecting a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. You'd be interested to know, that we found 1 warning sign for Resolute Mining and we suggest you have a look.
If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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.
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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% |
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