Vancouver, British Columbia–(Newsfile Corp. – August 31, 2021) – Aurcana Silver Corporation (TSXV: AUN) (OTCQX: AUNFF) (FSE: UHY0) provided an update on the restart activities at its Revenue-Virginius Mine in Colorado with initial development ore being processed. The 100% owned Revenue-Virginius Mine, located in southwestern Colorado about 5.5 miles southwest of the town of Ouray, is one of the company's two projects, the other being the 100% owned Shafter-Presidio Silver Project, located 21 miles northeast of Presidio, Texas. Both projects are fully permitted for production, with silver being the primary resource.

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On August 27th, the processing plant initiated commissioning with development ore, an important milestone in the restart of full operations, with stope ore to be processed in the near future. The company plans to continue to ramp up to the full production rate of 270 short tons per day during the month of September.

The company also reported that initial assay results from the 1800 drift level show an average undiluted grade over 78 feet of drift of 54.0 (33.9 diluted to a minimum mining width of 1.5 ft) ounces per ton silver equivalent per short ton. The actual measured vein width in this area is 1.19 feet as compared to the modeled vein width for the same 78 feet of 0.23 feet and an undiluted grade of 26.9 ounces (4.2 diluted to a minimum mining width of 1.5 ft) silver equivalent per short ton over the same drift section.

Assay data lags actual development and the company anticipates reporting additional assay results in the near future, with visual inspections each shift indicating this strong mineralization continues.

Concentrate shipments are anticipated to begin in the first half of September with Trafigura Trading LLC off-taking 100% of the concentrates. Trafigura will pay 95% of the contained metals value based on the mine site concentrate assays at the time of shipment, with final settlement based on smelter returns.

Kevin Drover, President and CEO, stated: "These additional assay results – 15 feet below the first mining stope – which confirm the mineralization is as we expected is the key data validation point we needed to confirm that we can be successful. Mining productivity at the face has been strong and we have some of the best miners in the business working for us. While some logistics issues related to movement of ore and waste in the same underground area slowed our initial development in opening up the production stopes, these short term delays are resolvable as the stope is opened to its full length. With this grade confirmation in hand, the processing plant now moving into commissioning, and with logistics improving rapidly as the first production stope expands both north and south, we are very confident of a successful restart."

The shares are trading at $0.80.

For more information, please visit the company's website www.aurcana.com or contact Kevin Drover, President & CEO, at 604-331-9333. For Investor Relations contact Gary Lindsey at 720-273-6224 or by email at gary@strata-star.com.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94996

Toronto, Ontario–(Newsfile Corp. – August 31, 2021) – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today provided the final assay results from its 2021 drill programs at the 100%-owned Red Willow and Umfreville projects, both located within the eastern uranium mine district of the Athabasca Basin, Saskatchewan, Canada. The 2021 Red Willow drill program conducted follow-up testing of the Osprey Zone and Geneva Shear while the 2021 Umfreville drill program tested a strong gravity low response coincident with a uranium-in-soil anomaly.

"Our Spring drill season tested three independent targets across our Red Willow and Umfreville projects and we're pleased to report that uranium intercepts returned from both these projects necessitate follow-up drilling," said Scott Frostad, VP Exploration at Purepoint.

"The most surprising results came from Purepoint's inaugural drilling of a gravity low response at Umfreville where 0.04% U₃O₈ was returned over 0.8 metres from granitic gneiss and pelitic gneiss basement rocks," said Frostad. "The precipitation of secondary uranium in the basement rocks appears to explain the source of the uranium-in-soil anomalies and suggests a significant mineralization event in the vicinity. Our next obvious drill targets at Umfreville are towards the east where strong north-south trending structures, interpreted from the airborne magnetics, crosscut our gravity low response."

Highlights:

• Umfreville diamond drill hole UMF21-01 returned 3.1 metres of anomalous uranium (0.013% U₃O₈) including 0.8 metres at 0.04% U₃O₈

• Red Willow's Geneva shear returned 0.012% U₃O₈ over 5.5 metres and an additional 0.06% U₃O₈ over 0.4 metres from drill hole GEN21-05

• Next step targets are now being developed and prioritized for follow up

• Initial drilling at Purepoint's Henday Lake Project is scheduled for early Fall

Umfreville – 2021 Drill Results
The initial hole by Purepoint at the Umfreville project, UMF21-01, tested an east-west trending gravity low response that is coincident with both a magnetic low response and a uranium-in-soil anomaly. The unconformity was intersected 223 metres downhole and the basement rocks consisted of granitic gneiss and pelitic gneiss. Elevated radioactivity was intersected near the base of the paleoweathering returning 36 ppm U over 17.4 metres between 239.1 and 256.5 metres. A second radioactive intercept, starting at 273 metres downhole, returned 107 ppm U over 3.1 metres and included 304 ppm U over 0.8 metres.

Based on the results, a follow-up hole has been proposed east of UMF21-01 where interpreted north-south trending structures appear to be cross-cutting our strong elongate gravity/magnetic low response.

Red Willow – Geneva Zone 2021 Drill Results
Three drill holes tested the Geneva Shear from the same drill pad and were between 190 and 300 metres in total length. The initial 2021 hole, GEN21-03, intersected the Geneva Shear at a downhole depth of 135.5 metres and returned 31 ppm U over 3.4 metres. The follow-up hole, GEN21-04, intersected the shear much deeper at 274 metres and returned 29 ppm U over 4.6 metres.

The third hole, GEN21-05, intersected the Geneva shear further northeast and just below the basement paleoweathering zone starting at a depth of 157 metres. The graphitic/pyritic shear zone was within Pelitic Gneiss that displayed strong hydrothermal alteration, including hematite and local silicification. The zone returned 98 ppm U over 5.5 metres and an additional 527 ppm U over 0.4 metres.

The radioactive Geneva Shear is now determined as having a strike of 155 degrees and a dip towards the northwest at -70 degrees. The projection of the shear towards the northeast now suggests that previous vertical drillholes completed by Eldorado in 1984, searching for Unconformity-style mineralization, would not have drilled deep enough to test this basement-hosted structure.

Based on the 2021 drill results, follow-up drilling of the Geneva shear is now recommended along strike towards the northeast at a depth just below the paleoweathering.

Red Willow – Osprey Zone 2021 Drill Results
Three drill holes, drilled from the same drill pad and each averaging 200 metres in length, targeted the Hinge fault north of previous drilling. Two initial drill holes were completed on the same section, OSP21-01 and 02, and both successfully intersected the fault at 70 and 140 metres below surface, respectively. The structure was determined to have a strike of 5 degrees NE and was still associated with strong alteration; however, the radioactivity was weaker (10 ppm U over 15.3 m) than previous drilling.

Hole OSP21-03 targeted the projection of the Hinge Fault where it meets the east-west trending electromagnetic (EM) conductor that hosts the known Osprey uranium mineralization. The fault was intersected from 60 to 75 metres downhole with the host rock comprised of weakly chlorite and hematite altered pyritic graphitic pelitic gneiss. The fault at this location included intervals of strong silicification and again returned weak radioactivity (23 ppm U over 1.7m).

The next exploration priority within the Osprey Zone is considered to be the Osprey Conductor North. The EM conductor continues for an additional 2 kilometres north of previous Purepoint drilling and has only been tested by two historic (1993) drill holes.

Spring 2021 Results from Umfreville and Red Willow Drill Programs:

The next planned drill program will be at the 100%-owned Henday Lake Project, located 9 km northwest of Orano's Midwest Lake deposit (41mm lbs U3O8) and 10km west of Rio Tinto's Roughrider deposit (57mm lbs U3O8). The project is fully permitted, drilling crew has been secured to start drilling in early Fall 2021.

About Purepoint

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) actively operates an exploration pipeline of 12 advanced projects in Canada's Athabasca Basin, the world's richest uranium region. Purepoint's flagship project is the Hook Lake Project, a joint venture with two of the largest uranium suppliers in the world, Cameco Corporation and Orano Canada Inc. The Hook Lake JV Project is on trend with recent high-grade uranium discoveries including Fission Uranium's Triple R Deposit and NexGen's Arrow Deposit and encompasses its own Spitfire discovery (53.3% U3O8 over 1.3m including 10m interval of 10.3% U3O8). Together with its flagship project, the Company's projects stretch across approximately 185,000 hectares of claims throughout the Athabasca Basin. These claims host over 20 distinct and well-defined drill target areas with advanced geophysical surveys completed, and in some cases, have had first pass drilling performed.

Scott Frostad BSc, MASc, PGeo, Purepoint's Vice President, Exploration, is the Qualified Person responsible for technical content of this release.

For more information, please contact:
Chris Frostad, President & CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.ca

For additional information please visit our new website at https://purepoint.ca, our Twitter feed: @PurepointU3O8 or our LinkedIn page @Purepoint-Uranium.

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

Disclosure regarding forward-looking statements

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94959

Tuesday, August 31, 2021

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Adobe Inc. (ADBE), Thermo Fisher Scientific Inc. (TMO), and BHP Group (BHP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Shares of Adobe have modestly outperformed the Zacks Software industry in the year to date period (+33.1% vs. +32.5%) as the company continues to benefit from strong demand for its cloud products. The company’s Creative Cloud, Document Cloud and Adobe Experience Cloud products have been supporting its top-line growth.

Rising subscription revenues and solid momentum across the mobile apps remain major positives. Growth in emerging markets, robust online video creation demand, strong Acrobat adoption and improving average revenue per user remain tailwinds. Lower end-market demand and high acquisition expenses remain major overhangs though.

(You can read the full research report on Adobe here >>>)

Thermo Fisher shares have gained +20.8% over the last six months against the Zacks Medical Instruments industry’s gain of +10.1%. The Zacks analyst believes that it has been expanding its inorganic growth profile on the back of several takeovers.

The company witnessed strong end market growth in the second quarter on the back of robust fundamentals in the life sciences, strong economic activity globally and strong pandemic response. Its second-quarter 2021 COVID-19 response revenues, however, declined to $1.9 billion from the prior quarter’s $2.9 billion. Foreign currency fluctuations and competitive landscape are other major threats to the company.

(You can read the full research report on Thermo Fisher here >>>)

Shares of BHP Group have lost -13.2% in the past three months against the Zacks Mining – Miscellaneous industry’s loss of -9.9%, however, BHP Group’s fiscal 2021 revenues and underlying attributable profit improved year over year.

The Zacks analyst believes that strong cash generation, investment in growth projects and higher operational efficacy, as well as solid long-term outlook for metal prices bode well for BHP Group. Exit of petroleum business, investment in growth projects and decision to unify its dual-listed structure will aid growth as well. The spread of the Delta variant is likely to play a spoil sport for the company. Higher input costs and the recent drop in iron ore prices also remain concerns.

(You can read the full research report on BHP Group here >>>)

Other noteworthy reports we are featuring today include Philip Morris International Inc. (PM), Atlassian Corporation Plc (TEAM) and Chubb Limited (CB).

Sheraz Mian

Director of Research

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

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Zacks Investment Research

NEW YORK, NY / ACCESSWIRE / August 31, 2021 / WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Piedmont Lithium Inc. f/k/a/ Piedmont Lithium Limited (NASDAQ:PLL, PLLL) between March 16, 2018 and July 19, 2021, inclusive (the "Class Period"), of the important September 21, 2021 lead plaintiff deadline in the securities class action commenced by the firm.

SO WHAT: If you purchased Piedmont securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Piedmont class action, go to http://www.rosenlegal.com/cases-register-2124.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 21, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period 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.

To join the Piedmont class action, go to http://www.rosenlegal.com/cases-register-2124.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

SOURCE: Rosen Law Firm PA

View source version on accesswire.com:
https://www.accesswire.com/662274/PLL-LOSS-ALERT-ROSEN-A-LEADING-INVESTOR-RIGHTS-LAW-FIRM-Encourages-Piedmont-Lithium-Investors-with-LARGE-LOSSES-to-Secure-Counsel-Before-Important-Deadline-in-Securities-Class-Action–PLL-PLLL

• A third rig has been added to Goliath’s fully funded 2021 maiden drill campaign based on positive assays results from the first three holes and similar looking intercepts containing mineralization and veining in the additional 10 holes drilled to date.

• Meters planned have been increased from ~5,000 to ~6,000 testing the extent of the Surebet discovery along 1,000 of strike exposed at surface and to depth (link to video).

• Assay results from the third hole (GD21-003) intercepted Surebet Zone’s polymetallic quartz-sulphide vein system over 35.72 meters* of quartz-sulphide breccia and surrounding quartz-sulphide stockwork containing a weighted average of 6.37 g/t gold equivalent (AuEq) or 4.46 g/t Gold and 122.13 g/t Silver.

• Higher grade intervals within the above envelope include 4.52 meters* of 31.88 g/t AuEq or 24.97 g/t Gold and 458.10 g/t Silver.

* The stated lengths in meters are downhole core lengths and not true widths. True widths will be calculated once more drilling confirms the exact geometry of the quartz-sulphide system.

TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to announce it has secured a third drill for its 2021 Maiden Diamond Drill Program (the “Campaign”) at its 100% controlled Golddigger Property (the “Property”) located in the Golden Triangle, B.C.

Roger Rosmus, Founder & CEO stated, “We have added a third rig to our fully funded 2021 maiden drill campaign based on the encouraging intercepts and assay results from the first three holes announced yesterday, as well the additional 10 other holes drilled intersected similar looking mineralization and veining. The third drill rig will allow the Company to increase the meters drilled by ~1,000 that will test additional targets that were not initially part of the drill campaign that could materially increase Surebet’s potential size if these holes intercept our projected structures at depth.”

QA-QC Protocols

Oriented HQ-diameter diamond drill core from the Surebet drill campaign is placed in core boxes by the drill crew contracted by Goliath. Core boxes are transported by helicopter over a 15-kilometer distance to the Kitsault staging area, and then transported by truck approximately 500 meters to the Goliath core shack. The core is then re-orientated, meterage blocks are checked, meter marks are labeled, Recovery and RQD measurements taken, and primary bedding and secondary structural features including veins, dykes, cleavage, and shears are noted and measured. The core is then described and transcribed in MX DepositTM.

Drill holes were planned using Leapfrog GeoTM and QGISTM software and data from the 2019 and 2020 exploration campaigns, the 2021 airborne Mag and VLF-EM geophysical survey, and an in-house lineament study incorporating observed folds, axial planes, geologic contacts, dykes swarms, cleavages, and all significant lineaments/structures.

Drill core containing quartz, sulphide(s), or notable alteration are sampled in lengths of 0.5 to 1.5 meters. Core samples are cut lengthwise in half, one-half remains in the box and the other half is inserted in a clean plastic bag with and sample tag. Standards, blanks, and pulp duplicates were added in the sample stream at a rate of 10%. Samples are transported in rice bags sealed with numbered security tags. Goliath personnel drives samples from Kitsault to Terrace and a transport company takes them from there to the ALS lab facilities in North Vancouver. At ALS (and MSA), samples are processed, dried, crushed, and pulverized before analysis using the ME-ICP61 and Au-ICP21 (ICP-130, ICA-5Ag, and FAS-124) methods. Overlimits are re-analyzed using the ME-ICP61, Au-ICP21, and Ag-GRA21 (FAS-428, ICA-6Ag, and FAS-425) methods. If Gold is higher than 5 g/t, ALS will re-analyze using Metallic Screening Au-SCR24C (MSC-150) method.

Golddigger Property

The Property has an area of 23,859 hectares (59,646 acres or 239 square-kilometers) and is in the world class geological setting of the Golden Triangle area on tide water 30 kilometers southeast of Stewart, B.C.

Surebet is located some 8 kilometers southwest of the Homestake Ridge project which is a high-grade gold-silver deposit that contains 982,700 ounces of gold @ 4.99 g/t Gold and 19,600,000 ounces of Silver @ 97.7 g/t Silver, with drill intercepts of up to 73 meters of 21 g/t Gold and 12 g/t Silver (source – Fury Resources Inc. PEA & Website) (Link to Map).

At Surebet, multiple high-grade polymetallic gold-silver targets have been identified along 1 kilometer (1000 meters) of strike at surface and a half a kilometer (500 meters) of vertical relief with an average true width of 9.84 meters assaying 10.68 g/t AuEq (with 7.59 g/t Gold) with 1 kilometer (1000 meters) of inferred down dip extent (3D Model & Proposed Drill Locations Video Link).

Surebet targets are contained within a shear zone and will be tested for the first time in the 2021 drill campaign. Higher grade polymetallic gold-silver mineralization is contained within a broad alteration halo of strongly silicified Hazelton Group sediments up to 43.5 meters wide containing mineralization assaying up to 0.5 g/t AuEq (Link to news November 25, 2020).

Surebet is characterized by a series of NW-SE trending structures that occur within a package of Hazelton group sediments underlain by Hazelton volcanics and are within 2 kilometers of the Red Line. Lidar imagery, drone imagery, and field observations have identified several additional paralleling structures within a 4 square-kilometers area. Geochemical analyses have confirmed high-grade gold-silver polymetallic mineralization within these structures (Lidar Video Link).

Qualified Person

Rein Turna, P. Geo, is the qualified person as defined by National Instrument 43-101, for Goliath Resources Ltd projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.

About Goliath Resources Limited

Goliath Resources Limited is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and the Abitibi Greenstone Belt of Quebec. All its projects are in world class geological settings and geopolitical safe jurisdictions amenable to mining in Canada.

For more information please contact:
Goliath Resources Limited
Mr. Roger Rosmus
Founder and CEO
Tel: +1-416-488-2887 x222
roger@goliathresources.com
www.goliathresourcesltd.com

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

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Goliath’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this

release contains forward-looking information relating to, among other things, the ability of Company to complete the financings and its ability to build value for its shareholders as it develops its mining properties. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Goliath. Although such statements are based on management's reasonable assumptions, there can be no assurance that the proposed transactions will occur, or that if the proposed transactions do occur, will be completed on the terms described above.

The forward-looking information contained in this release is made as of the date hereof and Goliath is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

This announcement does not constitute an offer, invitation, or recommendation to subscribe for or purchase any securities and neither this announcement nor anything contained in it shall form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal.

The securities referred to herein have not been and will not be will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.

VANCOUVER, British Columbia, Aug. 31, 2021 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX.V: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) announces that the matters, as set out in more detail in its Management Information Circular dated August 3, 2021 (the “Circular”), were considered and voted on by shareholders at the special meeting of shareholders held on August 31, 2021.

Shareholders overwhelmingly voted to approve the creation of a potential new control person of the Company, being Resource Capital Fund VII L.P. (“RCF VII”) and the issuance by the Company to RCF VII of a secured convertible debenture, each as more particularly described in the Circular. Shares beneficially owned by RCF VII were excluded from the vote as required by the TSXV.

Mr. Patrick Downey, the Company’s President and CEO, commented, “We are very pleased with the shareholder turnout and thank our shareholders for their support with 99.78% of the eligible shares voting in favour of the RCF VII resolution. With this vote secured, we now expect to close the Convertible Note Facility, the Senior Debt Facility, and the Silver Stream Agreement in September 2021”.

About Orezone Gold Corporation

Orezone Gold Corporation (TSX.V: ORE OTCQX: ORZCF) is a Canadian development company which owns a 90% interest in Bomboré, one of the largest undeveloped gold deposits in Burkina Faso.

The 2019 feasibility study highlights Bomboré as an attractive shovel-ready gold project with forecasted annual gold production of 118,000 ounces over a 13+ year mine life at an All-In Sustaining Cost of US$730/ounce with an after-tax payback period of 2.5 years at an assumed gold price of US$1,300/ounce. Bomboré is underpinned by a mineral resource base in excess of 5 million gold ounces and possesses significant expansion potential. Orezone is fully funded to bring Bomboré into production with the first gold pour scheduled for Q3-2022.

Patrick Downey
President and Chief Executive Officer

Vanessa Pickering
Manager, Investor Relations

Tel: 1 778 945 8977 / Toll Free: 1 888 673 0663
info@orezone.com / www.orezone.com

For further information please contact Orezone at +1 (778) 945-8977 or visit the Company’s website at www.orezone.com.

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.

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain information that may constitute “forward-looking information” within the meaning of applicable Canadian Securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (together, “forward-looking statements”). Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements in this press release include, but are not limited to, statements with respect to closing of the Bomboré Project debt package and the Bomboré project being fully funded to production and projected first gold by Q3-2022.

All such forward-looking statements are based on certain assumptions and analyses made by management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management and the qualified persons believe are appropriate in the circumstances.

All forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements including, but not limited to, delays caused by the COVID-19 pandemic, terrorist or other violent attacks, the failure of parties to contracts to honour contractual commitments, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts to perform as agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure, the possibility of project cost overruns or unanticipated costs and expenses, accidents and equipment breakdowns, political risk, unanticipated changes in key management personnel and general economic, market or business conditions, the failure of exploration programs, including drilling programs, to deliver anticipated results and the failure of ongoing and uncertainties relating to the availability and costs of financing needed in the future, and other factors described in the Company's most recent annual information form and management discussion and analysis filed on SEDAR on www.sedar.com. Readers are cautioned not to place undue reliance on forward-looking statements.

Although the forward-looking statements contained in this press release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this press release.

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you buy shares in a really great company, you can more than double your money. To wit, the IGO Limited (ASX:IGO) share price has flown 141% in the last three years. Most would be happy with that. Also pleasing for shareholders was the 21% gain in the last three months.

Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.

See our latest analysis for IGO

To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace…' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.

IGO became profitable within the last three years. Given the importance of this milestone, it's not overly surprising that the share price has increased strongly.

The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).

We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. Dive deeper into the earnings by checking this interactive graph of IGO's earnings, revenue and cash flow.

What about the Total Shareholder Return (TSR)?

We'd be remiss not to mention the difference between IGO's total shareholder return (TSR) and its share price return. Arguably the TSR is a more complete return calculation because it accounts for the value of dividends (as if they were reinvested), along with the hypothetical value of any discounted capital that have been offered to shareholders. IGO's TSR of 159% for the 3 years exceeded its share price return, because it has paid dividends.

A Different Perspective

We're pleased to report that IGO shareholders have received a total shareholder return of 124% over one year. Since the one-year TSR is better than the five-year TSR (the latter coming in at 20% per year), it would seem that the stock's performance has improved in recent times. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 4 warning signs with IGO , and understanding them should be part of your investment process.

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on AU exchanges.

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, Aug. 31, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. ("Noront" or the "Company") (TSXV: NOT) acknowledges receipt on August 30, 2021 of a non-binding letter from Wyloo Metals ("Wyloo"). The letter describes Wyloo's interest in potentially acquiring all of the common shares of Noront that Wyloo does not currently own, subject to a number of conditions, including due diligence, and negotiating and executing a definitive arrangement agreement.

Responding to the Wyloo Proposal

Noront is party to a July 27, 2021 support agreement with BHP Western Mining Resources International Pty Ltd ("BHP") and its parent, BHP Lonsdale Investments Pty Ltd (the "Support Agreement"), under which Noront agreed to support an offer by BHP to acquire all of the outstanding common shares of Noront that BHP does not already own (the "BHP Offer"). As is customary, the Support Agreement defines the circumstances in which Noront is permitted to engage with, and provide confidential information to, another party that makes a proposal to acquire the common shares of Noront.

At this point, Wyloo's publicly-announced interest in Noront is not an offer, rather it is a non-binding proposal to the Noront Board of Directors that is conditional on completion of due diligence by Wyloo and negotiation and execution of a definitive arrangement agreement. Wyloo has not entered into any binding agreement with Noront in respect of a proposed transaction, nor has it made a formal offer to the Company’s shareholders, and there can be no assurance that a transaction will crystalize from the Wyloo proposal.

Pursuant to the Support Agreement, Noront is permitted to engage with, and provide confidential information to, Wyloo only if Wyloo executes a confidentiality agreement with Noront on terms no less favourable to Noront than the terms contained in Noront's confidentiality agreement with BHP. As previously noted, prior to entering into the Support Agreement Wyloo was given the same opportunity to conduct due diligence but refused to sign a standard confidentiality agreement, typical for transactions of this nature. The confidentiality agreement was consistent with the agreement executed by BHP.

BHP has agreed to waive the requirement under the Support Agreement that a confidentiality agreement with Wyloo include a standstill so that the Company can provide confidential information to Wyloo on a no-standstill basis. Noront appreciates BHP agreeing to waive its strict contractual rights in the interests of the shareholders of Noront.

Noront CEO, Alan Coutts, commented: "With BHP's consent, Noront intends to provide Wyloo with a confidentiality agreement in the same form as Noront's confidentiality agreement with BHP, but without the customary standstill provision. This will allow Wyloo to complete the due diligence that Wyloo claims is required, and to decide whether or not to make a binding offer to acquire the common shares of Noront that Wyloo does not already own."

Noront reminds shareholders that Wyloo has never made a binding offer to acquire the common shares of Noront, and that no such offer may ever be made by Wyloo. The only binding offer available to shareholders is BHP's offer of C$0.55 cash per Noront share, which the Board of Directors of Noront continues to support.

Board Recommendation

The Board of Directors of Noront affirms its support of the BHP Offer and continues to recommend shareholders accept the BHP Offer. The Board of Directors of Noront, acting on the recommendation of the Special Committee, and after evaluating the BHP Offer in consultation with Noront’s legal and financial advisors, has determined that the BHP Offer is fair, from a financial point of view, to Noront shareholders and in the best interests of Noront and its shareholders.

Minimum Tender Condition

Wyloo’s support of the transaction is not required in order for the BHP Offer to be successful. The minimum tender condition for the BHP Offer is that more than 50% of the shares not owned by BHP be tendered to the BHP Offer, and this condition can be satisfied regardless of whether Wyloo tenders its Noront shares. Shareholders wishing to receive the C$0.55 per Noront share in cash offered by BHP can and should tender to the BHP Offer.

About Noront Resources

Noront Resources Ltd. is focused on the development of its high-grade Eagle’s Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. www.norontresources.com

Contact Information

Forward Looking Statements

Certain statements contained in this news release contain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information and statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding: the Wyloo proposal; the BHP Offer; and the intentions of Wyloo to make a binding offer to acquire Noront (if at all).

Although Noront believes that the expectations reflected in such forward-looking information and statements are reasonable, such information and statements involve risks and uncertainties, and undue reliance should not be placed on such information and statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs of the Special Committee of Noront as of the date hereof. Noront cautions that the foregoing list of material factors and assumptions is not exhaustive. Many of these assumptions are based on factors and events that are not within the control of Noront, BHP, BHP Lonsdale Investments Pty Ltd or Wyloo, and there is no assurance that they will prove correct. Consequently, there can be no assurance that the actual results or developments anticipated by Noront will be realized or, even if substantially realized, that they will have the expected consequences for, or effects on, Noront or its future results and performance.

Forward-looking information and statements in this news release are based on Noront's beliefs and opinions at the time the statements are made, and there should be no expectation that these forward-looking statements will be updated or supplemented as a result of new information, estimates or opinions, future events or results or otherwise, and Noront disavows and disclaims any obligation to do so except as required by applicable law. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of Noront.

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

LOS ANGELES, CA / ACCESSWIRE / August 31, 2021 /The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Piedmont Lithium Inc. ("Piedmont" or "the Company") (NASDAQ:PLL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between March 16, 2018 and July 19, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before September 21, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Piedmont would not follow the steps or timeline to secure all necessary permits from governmental agencies. The Company failed to inform appropriate governmental agencies and authorities of its planned activities. The Company failed to file applications with relevant authorities including the state and local governments. Despite its claims, the Company did not have "strong local government support." Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Piedmont, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com

SOURCE: The Schall Law Firm

View source version on accesswire.com:
https://www.accesswire.com/662240/SHAREHOLDER-DEADLINE-NOTICE-The-Schall-Law-Firm-Reminds-Investors-of-a-Class-Action-Lawsuit-Against-Piedmont-Lithium-Inc-and-Encourages-Investors-with-Losses-in-Excess-of-100000-to-Contact-the-Firm

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES

• Rogue Stone's ramp-up continued sales into the spring season

• In Q4-2021, from February-April, Rogue Stone sold 5,398 tons realizing $80/ton with COGS of $48/ton

• Rogue recorded $204,149 in Adjusted EBITDA in FY-2021, for the ramp-up months since Commercial Production

• Launched Operations at Shadow Lake, close to the other two operations, sales expected in September

TORONTO, ON / ACCESSWIRE / August 31, 2021 / Rogue Resources Inc. (TSXV:RRS) ("Rogue" or the "Company") is pleased to announce continued progress at Rogue Stone with 5,398 tons¹ sold in Q4-2021, from February through April with an average realized price per ton of $80 and Cost of Goods Sold ("COGS") of $48/ton.

The Company has filed its YE-2021 financials for the year ended April 30, 2021 (available on Rogue's website or through the SEDAR filing system). Since reaching Commercial Production in September 2020, the Company has recorded $204,149 of Adjusted EBITDA.

Rogue Stone has also secured operating rights on the Batty Pit (north of Coboconk, Ontario), which the Company will refer to as the "Shadow Lake Quarry". This represents Rogue's third operating quarry in its limestone business, referred to as "Rogue Stone." Rogue Stone will pay a set royalty to access the material. The Shadow Lake Quarry consists of privately owned parcels and currently has a Class B Aggregate License to extract up to 20,000 tonnes of Natural Stone per year and produces Armour Stone, Steps and Flagstone. The quarry permit covers an area of approximately 16.12 hectares allowing for extraction of natural stone to the ground water table that is estimated to range from 6 to 8 m from the current quarry floor. Rogue Stone intends to have sales from the Shadow Lake Quarry in September.

"Rogue Stone continues to ramp-up safely and the positive Adjusted EBITDA is a nice indication of the profitable business we are building," said Sean Samson, President and CEO of Rogue. "Securing access to the third producing quarry is another big step for Rogue Stone and I look forward to seeing what our team can deliver as we continue building a predictable and profitable business supplying dimensional limestone into the landscape industry."

About Rogue Resources Inc.

Rogue is a mining company focused on generating positive cash flow. Not tied to any commodity, it looks at rock value and quality deposits that can withstand all stages of the commodity price cycle. The Company includes Rogue Stone selling quarried limestone for landscape applications from two operating quarries in Ontario; Rogue Quartz focused on advancing its silica/quartz business with the Snow White Project in Ontario and the Silicon Ridge Project in Québec; Rogue Timmins with the gold potential at Radio Hill and an ownership position in the private company EV Nickel, exploring in the Shaw Dome.

Qualified Person

The Company's Projects are under the direct technical supervision of Paul Davis, P.Geo., and Vice-President of the Company. Mr. Davis is a Qualified Person as defined by NI 43-101. He has reviewed and approved the technical information in this press release. There are no known factors that could materially affect the reliability of the information verified by Mr. Davis.

For more information visit www.rogueresources.ca or contact :
+1-647-243-6581
info@rogueresources.ca

Cautionary Note Regarding Forward-Looking Statements:

This news release contains certain statements or disclosures relating to the Company that are based on the expectations of its management as well as assumptions made by and information currently available to the Company which may constitute forward-looking statements or information ("forward-looking statements") under applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "believes," "anticipates," "expects," "plans," "intends," "target," "estimates," "projects," "continue," "potential" and similar expressions, or are events or conditions that "will," "would," "may," "could" or "should" occur or be achieved. In particular, but without limiting the foregoing, this news release contains forward-looking statements pertaining to the following: closing of future tranches of the Private Placement.

The forward-looking statements contained in this news release reflect several material factors and expectations and assumptions of the Company including, without limitation: business strategies and the environment in which the Company will operate in the future; commodity prices; exploration and development costs; mining operations, drilling plans and access to available goods and services and development parameters; regulatory restrictions; the ability of the Company to obtain applicable permits; the ability of the Company to service its debt obligations; the Company's ability to qualify for government funded support programs; the Company's ability to raise capital on terms acceptable to it or at all; activities of governmental authorities (including changes in taxation and regulation); currency fluctuations; the unpredictable economic impact of the COVID-19 pandemic, including the acquisition of equipment and recruitment of human resources required for the sales expansion; the global economic climate; and competition.

The Company believes that the material factors, expectations and assumptions reflected in the forward-looking statements contained in this news release are reasonable at this time but no assurance can be given that these factors, expectations and assumptions will prove to be correct. The forward-looking statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements including, without limitation, those risks identified in the Company's most recent annual and interim management's discussion and analysis, copies of which are available on the Company's SEDAR profile at www.sedar.com. Readers are cautioned that the foregoing list of factors is not exhaustive and are cautioned not to place undue reliance on these forward-looking statements.

The forward-looking statements contained in this news release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration is available.

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.

[1] The landscape stone trade is transacted using imperial "tons" in contrast to both base metals and industrial minerals (including nickel and quartz, as also covered in this press release), which use metric "tonnes."

SOURCE: Rogue Resources Inc.

View source version on accesswire.com:
https://www.accesswire.com/662127/Rogue-Update-Q4-Results-Positive-Adjusted-EBITDA-Based-on-Stone-Sales-Plus-Launching-Operations-at-3rd-Quarry

(Bloomberg) — Andrew Forrest, the billionaire founder of iron ore giant Fortescue Metals Group Ltd., upped his bid to acquire a nickel miner active in Canada’s highly-prospective Ring of Fire region to trump an offer from BHP Group.

Forrest’s Wyloo Metals Pty Ltd. offered to buy Noront Resources Ltd. for C$0.70 per share in cash, beating the C$0.55 per share offer made by BHP in July that Noront’s board agreed to support. Wyloo’s proposal had a higher certainty of success because it already owns about 37.5% of Noront’s shares and does not intend to support BHP’s offer, Wyloo said in a statement.

Global miners are keen to boost their exposure to nickel — a key ingredient in the lithium-ion batteries used in electric vehicles and to store renewable power — and the Ring of Fire region in northern Ontario is seen among Canada’s largest untapped reserves of the metal.

“If shareholders share my view, that it’s impossible to place a value today on a new mining district with the immense potential of these assets, I invite them to hold on to their shares and come along for the ride,” Forrest said in the statement. Under Wyloo’s proposal, Forrest would become chairman of Noront.

BHP said it would wait for a response from the Noront board before determining its next steps.

“It’s important to note that Wyloo has only made a proposal, which is subject to conditions, and has not entered into any binding agreement with Noront in respect of a transaction or a formal offer,” a spokesman for BHP said by email. “The BHP offer is the only offer that has been made to shareholders.”

‘Not an Offer’

Noront continues to support BHP’s offer and called Wyloo’s approach “a non-binding proposal” that is “not an offer,” according to a Tuesday statement by the company.

“Wyloo has not entered into any binding agreement with Noront in respect of a proposed transaction, nor has it made a formal offer to the company’s shareholders,” Noront said in the statement. “There can be no assurance that a transaction will crystallize from the Wyloo proposal.”

Noront’s shares jumped 25% on Monday following news of Wyloo’s offer to end at C$0.76, a premium to Wyloo’s offer which suggests the market sees potential for the bidding war to escalate further.

(Adds Noront comment in seventh, eighth paragraphs.)

More stories like this are available on bloomberg.com

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©2021 Bloomberg L.P.

If you want to know who really controls NexGen Energy Ltd. (TSE:NXE), then you'll have to look at the makeup of its share registry. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that have been privatized tend to have low insider ownership.

With a market capitalization of CA$2.7b, NexGen Energy is a decent size, so it is probably on the radar of institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. Let's take a closer look to see what the different types of shareholders can tell us about NexGen Energy.

See our latest analysis for NexGen Energy

What Does The Institutional Ownership Tell Us About NexGen Energy?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

As you can see, institutional investors have a fair amount of stake in NexGen Energy. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at NexGen Energy's earnings history below. Of course, the future is what really matters.

Hedge funds don't have many shares in NexGen Energy. The company's largest shareholder is Li Ka Shing (Global) Foundation, Endowment Arm, with ownership of 6.2%. Meanwhile, the second and third largest shareholders, hold 4.3% and 4.1%, of the shares outstanding, respectively. Additionally, the company's CEO Leigh Curyer directly holds 0.9% of the total shares outstanding.

A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.

Insider Ownership Of NexGen Energy

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

I can report that insiders do own shares in NexGen Energy Ltd.. The insiders have a meaningful stake worth CA$33m. Most would see this as a real positive. It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently.

General Public Ownership

The general public collectively holds 58% of NexGen Energy shares. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.

Private Company Ownership

It seems that Private Companies own 4.3%, of the NexGen Energy stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Public Company Ownership

Public companies currently own 8.2% of NexGen Energy stock. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 3 warning signs for NexGen Energy that you should be aware of before investing here.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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

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

VANCOUVER, BC, Aug. 30, 2021 /CNW/ – Finlay Minerals Ltd. (TSXV: FYL) (the "Company") announces that, pursuant to the Company's 10% Rolling Stock Option Plan (the "Plan"), as most recently re-approved by its shareholders on June 25, 2021 and submitted for approval to the TSX Venture Exchange on July 20, 2021, the Company has granted stock options exercisable for the issuance of up to 4,850,000 common shares of the Company (the "Stock Options") on August 30, 2021. The Stock Options are exercisable at a price of $0.14 per share for a period of five years, expiring on August 30, 2026. The Stock Options are subject to the terms of the Plan.

The Stock Options were granted to the seven directors of the Company, as elected at the Company's Annual General Meeting on June 25, 2021, and one officer. The Company does not compensate directors other than by incentive stock options.

The above-noted stock option grant brings the total number of the Company's issued and outstanding stock options to 6,400,000.

The Stock Options vest as of the date of the grant. The Stock Options and any common shares of the Company issued upon exercise of the Stock Options will be subject to a four-month resale restriction from the date of grant of the Stock Options.

About Finlay Minerals Ltd.

Finlay is a TSX Venture Exchange company focused on exploration for base and precious metal deposits in northern British Columbia. Finlay recently completed a financing of $1 million flow-through, and $1.64 million in non-flow-through funds.

Finlay Minerals Ltd. trades under the symbol "FYL" on the TSX Venture Exchange. For further information and details please visit the Company's website at: www.finlayminerals.com.

On behalf of the Board of Directors,

Robert F. Brown, P. Eng.,
President & CEO

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

SOURCE Finlay Minerals Ltd.

View original content: http://www.newswire.ca/en/releases/archive/August2021/30/c2336.html

FOCUSED ON EXPLORING ATLANTIC CANADA

VANCOUVER, BC / ACCESSWIRE / August 31, 2021 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the "Company" or "Great Atlantic") is pleased to announce it has received a permit from the Newfoundland and Labrador government for diamond drilling at its Golden Promise Gold Property specifically at the Otter Brook gold showing. The permit is for a maximum of 12 drill holes at the Otter Brook gold showing which is located within the east region of the property. The Company is planning to mobilize a diamond drill to this area this month. The Golden Promise Property is located within the central Newfoundland gold belt.

Great Atlantic confirmed gold mineralization at the Otter Brook gold showing with rock samples returning up to 5.75 grams / tonne (g/t) gold.

Eight of 11 rock samples (float, subcrop and outcrop) collected by the Company at the Otter Brook gold showing during 2020 returned gold values in the 0.719 – 5.758 g/t range. An outcrop grab sample returned the highest value of 5.758 g/t gold. The 2020 program was managed by a Qualified Person. The rock samples were assayed for gold by Eastern Analytical Ltd. by Fire Assay – AA. Eastern Analytical Ltd. is independent of Great Atlantic.

Great Atlantic will be drilling under the Otter Brook gold showing and along its projected strike.

The Golden Promise Property is located within a region of recent significant gold discoveries. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the RIL. The RIL forms the western boundary of the Exploits Subzone. Recent significant gold discoveries within the Exploits Subzone include those of Marathon Gold Corp. (TSX.MOZ) at the Valentine Gold Project, Sokoman Minerals Corp. (TSXV.SIC) at the Moosehead Gold Project and New Found Gold Corp. (TSXV.NFG) at the Queensway Project. Readers are warned that mineralization at the Valentine Gold Project, Moosehead Gold Project, and Queensway Project is not necessarily indicative of mineralization on the Golden Promise Property.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

On Behalf of the board of directors

"Christopher R Anderson"

Mr. Christopher R. Anderson "Always be positive, strive for solutions, and never give up"
President CEO Director
604-488-3900 – Dir

Investor Relations:
Andrew Job 1-416-628-1560 IR @ GreatAtlanticResources.com
Office Line 604-488-3900

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

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.

Great Atlantic Resource Corp
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4

SOURCE: Great Atlantic Resources Corp.

View source version on accesswire.com:
https://www.accesswire.com/662177/Great-Atlantic-Receives-Drilling-Permit-for-the-Otter-Brook-Gold-Showing-Located-In-Its-100-Owned-Golden-Promise-Gold-Property-Central-Newfoundland

BOISE, Idaho, August 31, 2021–(BUSINESS WIRE)–Flu season is approaching and the Centers for Disease Control and Prevention (CDC) is encouraging flu and COVID-19 vaccinations as one of the best ways to stay healthy and minimize the strain on our national health systems. Albertsons Companies pharmacies (NYSE: ACI) are stocked and ready with both vaccines, including COVID-19 booster shots for select patients who are immunocompromised.

"Our pharmacy teams are dedicated to protecting the health of the communities we serve, and we are committed to ensuring everyone has access to COVID-19 and flu vaccines. We have administered more than 6.5 million COVID-19 vaccinations to date, and with flu season approaching, we are now offering flu shots as well," said Omer Gajial, Albertsons Companies SVP of Pharmacy and Health. "Customers can now safely receive both vaccines via a single appointment or can also schedule them independently."

No appointment is necessary to get vaccinated at an Albertsons Cos. pharmacy. COVID-19 vaccines as well as flu and other vaccines can be administered on a "walk-in" basis.

Flu vaccinations are available to children as young as 6 months of age, where allowed by state law. Currently, the Pfizer COVID-19 vaccine can be administered to patients as young as 12 years old, while the Moderna and Johnson & Johnson COVID-19 vaccines are available for patients 18 and older. An adult must sign a consent and release form for minor patients receiving vaccinations. Customers who receive vaccinations at any Albertsons Cos. pharmacy receive access to a free digital vaccine record they can download and save to a digital device for their own use.

"According to CDC guidelines, it is still recommended that pregnant and breastfeeding women receive a COVID-19 vaccine, and an additional dose of mRNA vaccine is recommended for qualifying individuals who are immunocompromised," said Erin Shaal, Albertsons Companies VP of Pharmacy Procurement, Specialty and Patient Care Services. "Your Albertsons Cos. pharmacists can help you determine which vaccines are best for you and staying up-to-date with recommended vaccines is the best tool we have to protect the individuals and communities we serve."

The flu is a contagious disease that typically spreads in the U.S. between October and May through coughing, sneezing, and close contact. Flu strains vary and can affect people each year. The CDC currently recommends everyone 6 months and older, with rare exceptions, get their annual flu vaccination to prevent getting the most common flu viruses, which can cause possible severe symptoms, flu-related complications, hospitalization, and even death.

According to a recent study by the University of Miami Miller School of Medicine, the influenza vaccine may provide additional protection against severe COVID-19 complications. Patients with COVID-19 who had received the flu shot were less likely to visit the ER, be admitted to the ICU, or have a stroke, sepsis, or deep vein thrombosis.

No appointment is necessary to get vaccinated at an Albertsons Cos. pharmacy. COVID-19 vaccines as well as flu and other vaccines can be administered on a "walk-in" basis at Albertsons Cos.’ 1,725 pharmacy locations, including those in Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, and Carrs stores.

For customers who prefer to schedule vaccinations ahead of time, appointments are still available through the company’s online scheduler at https://www.albertsons.com/pharmacy/pharmacy-services/immunizations/flu. Appointments can be scheduled over a two-week window.

For employers and other organizations wishing to help employees and patrons stay healthy this flu season, Albertsons Cos. pharmacists can conduct on-site vaccine clinics to ensure all employees have access to these immunizations. Contact your local Albertsons Cos. pharmacy for more information about setting up a vaccine clinic.

The flu shot is free with most insurance, so there is no co-payment unless required by the plan. Everyone who receives an immunization will also receive a coupon for 10% off their next grocery Albertsons Cos. purchase, up to $200 where permitted by law. Restrictions may apply.

Find more information at each of our banner sites below.

• www.albertsons.com/flu

• www.safeway.com/flu

• www.vons.com/flu

• www.randalls.com/flu

• www.tomthumb.com/flu

• www.jewelosco.com/flu

• www.acmemarkets.com/flu

• www.shaws.com/flu

• www.starmarket.com/flu

• www.carrsqc.com/flu

• www.pavilions.com/flu

About Albertsons Companies

Albertsons Companies is a leading food and drug retailer that operates stores across 34 states and the District of Columbia with more than 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2020, along with the Albertsons Companies Foundation, the Company gave $260 million in food and financial support, including $95 million through our Nourishing Neighbors Program to ensure those living in our communities have enough to eat. Albertsons Companies also pledged $5 million to organizations supporting social justice. These efforts have helped millions of people in the areas of hunger relief, education, cancer research and treatment, social justice and programs for people with disabilities and veterans' outreach.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210831005653/en/

Contacts

Kirby Nardo
Kirby.nardo@albertsons.com

Vancouver, British Columbia–(Newsfile Corp. – August 31, 2021) – InZinc Mining Ltd. (TSXV: IZN) (the "Company") is very pleased to announce initial results from Phase 1 exploration activities at the Indy Sedex project in central British Columbia where high-grade Sedex-type zinc mineralization was discovered by geochemical (soil) prospecting and follow-up drilling in 2018.

New, Large Zinc Target Emerging

Initial results, from 817 (58%) of the 1419 soils collected in Phase 1 program, are returning strong soil responses in the area located between Anomaly C and the Delta Horizon target. To date, results show strong, coincident, multi-element (Zn, Pb, Ba), multi-station soil responses over 1.1 km of the 7 km Main Trend at Indy. Results are pending to the north of the new target area – which remains open for expansion.

Figure 1

To view an enhanced version of Figure 2, please visit:
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Numerous samples have returned 800 to 1000 ppm zinc with highs up to 3700 ppm (0.37%). Barium in soil, coincident with zinc responses, is very strong relative to other targets (ranging from 2000 ppm to exceeding detection limits of analysis at 10,000 ppm or 1.0%). This continuous and linear trend of multi-element soil response is consistent with stratigraphic or contact related mineralization, possibly associated with a distal Sedex environment.

"We are very pleased with these strong results which are emerging in a new area situated between Delta Horizon and Anomaly C – two of the other large untested targets already developed at Indy. With this expansion of drill target locations, improvements to road access and extension of permits, InZinc is in a good position to possibly extend exploration activities throughout the fall or winter as we await the funds from the American West IPO," commented Wayne Hubert, CEO of InZinc. "Indy is developing into a very prospective project with numerous, extensive Sedex-type zinc targets and the potential for significant regional-scale discoveries."

Anomaly B – Road Access Completed

The Company has completed, in conjunction with third parties, road access to Anomaly B. The program included a bridge and three stream crossings and significant upgrades to existing roads to allow industrial scale traffic. A 50-person camp facility is located 15km by road from Anomaly B. The operator of the camp facility is planning expansion and preparation for winter operations.

Figure 2

To view an enhanced version of Figure 2, please visit:
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Indy Exploration Permits Extended

InZinc is also pleased to announce the multi-year exploration permit (MYAB) for drilling has been extended by the BC Ministry of Mines, Energy and Low Carbon Innovation, for a further two years, now expiring in December 2023.

The Company is preparing the Indy Sedex project for a drill program to commence between the fall and early spring, contingent on funds received from the recent option agreement on the West Desert project in Utah.

About InZinc

InZinc is focused on growth through exploration and advancement of its interest in multiple North American base metals projects. The road accessible Indy project (100% earn-in), located in central British Columbia, comprises discoveries of near surface mineralization and large untested exploration targets along a 25km long trend with potential for the discovery of a new regional scale zinc belt. The West Desert option (100% option to American West Metals) provides significant cash payments and continuing leverage through ownership in American West Metals as it funds the advancement of the West Desert project to prefeasibility (planned in Q3 2023) and the Storm Copper and Copper Warrior projects in North America. In addition, upon exercise of the West Desert option, InZinc will receive 50% of the revenue from the sale of indium mined from West Desert.

InZinc Mining Ltd.

Wayne Hubert

____________

Chief Executive Officer
Phone: 604.687.7211
Website: www.inzincmining.com

For further information contact:
Joyce Musial
Vice President, Corporate Affairs
Phone: 604.317.2728
Email: joyce@inzincmining.com

Qualified Person

Brian McGrath, B.Sc., P.Geo. a Qualified Person as defined in NI43-101, has approved the technical content of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "plan", "design", "postulate" and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results, performance, or actions and that actual results and actions may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, those risks and uncertainties disclosed in the Company's Management Discussion and Analysis for the year ended December 31, 2020 and for the three months ended March 31, 2021 filed with certain securities commissions in Canada and other information released by the Company and filed with the appropriate regulatory agencies. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94988

Vancouver, British Columbia–(Newsfile Corp. – August 31, 2021) – Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) ("Canterra" or the "Company") is pleased to announce the appointment of Dr. Luke Longridge to the position of Vice President, Exploration ("VPx"), bolstering its highly experienced technical team.

Dr. Longridge is an exploration geologist with more than 15 years of mineral exploration experience, with a focus on Canada and Africa. Dr. Longridge has spent the last three years as CSA Global's Senior Structural Geologist consulting on gold and other commodity exploration projects across the globe. Prior to joining CSA Global, Dr. Longridge worked with Bushveld Minerals Limited as Exploration Manager, involved in the discovery and development of several deposits. During his career, Dr. Longridge has managed exploration activities on a variety of deposit types and geologic terranes, developing a strong technical understanding of orogenic, epithermal and intrusion related gold systems.

"Luke brings a wealth of mineral exploration experience from across the globe in all types of gold deposit settings and has been successful in both expanding deposits and making discoveries in various mineralization settings from Africa to Canada. We are very excited to have him join the Canterra team and begin leading the fall drill program on the Wilding Gold Project on the island of Newfoundland," stated Chris Pennimpede, President & CEO of Canterra.

Dave T.W. Evans, Exploration Manager for Canterra, is set to retire this fall and will continue to contribute to the success of the Company as a Technical Advisor. Canterra would like to thank Dave for guiding the team through its first winter drill program in early 2021 and spearheading summer exploration work at Wilding.

About Canterra Minerals

Canterra is earning a 100% interest in the Wilding and Noel Paul Gold Projects, located 50km south, by logging road, from Millertown and directly northeast of Marathon Gold's Valentine Lake Gold Project in Central Newfoundland. The 285km² property package includes 50km of the northeastern strike-extension of the Rogerson Lake Structural Corridor, which hosts Marathon Gold's Valentine Lake deposits, Matador Mining's Cape Ray deposit, Sokoman's Moosehead discovery and TRU Precious Metals' Golden Rose and Twilight discoveries. A $2.75 million exploration program is underway, focusing on drilling and surface exploration on the Wilding Gold Project. This program will include additional diamond drilling on the existing zones and follow up trenching and diamond drilling on numerous targets identified from previous soil geochemistry sampling. Canterra's team has more than 100 years of experience searching for gold and diamonds in Canada and have been involved in the discovery of the Snap Lake diamond mine, in addition to the discovery of the Blackwater Gold deposit in British Columbia, Canada.

ON BEHALF OF THE BOARD OF CANTERRA MINERALS CORPORATION

Chris Pennimpede
President & CEO

Additional information about the Company is available at www.canterraminerals.com

For further information, please contact: +1 (604) 687-6644
Email: info@canterraminerals.com

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.

Cautionary Note Regarding Forward-Looking Information
This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects.; the business and operations of the Company; unprecedented market and economic risks associated with current unprecedented market and economic circumstances due to the COVID-19 pandemic, as well as those risks and uncertainties identified and reported in the Company's public filings under its respective SEDAR profile at www.sedar.com. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94936

How far off is Lynas Rare Earths Limited (ASX:LYC) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. There's really not all that much to it, even though it might appear quite complex.

Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.

Check out our latest analysis for Lynas Rare Earths

Is Lynas Rare Earths fairly valued?

We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.

Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value:

10-year free cash flow (FCF) estimate

("Est" = FCF growth rate estimated by Simply Wall St)
Present Value of 10-year Cash Flow (PVCF) = AU$2.7b

We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (1.9%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.9%.

Terminal Value (TV)= FCF₂₀₃₁ × (1 + g) ÷ (r – g) = AU$438m× (1 + 1.9%) ÷ (6.9%– 1.9%) = AU$8.9b

Present Value of Terminal Value (PVTV)= TV / (1 + r)¹⁰= AU$8.9b÷ ( 1 + 6.9%)¹⁰= AU$4.6b

The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is AU$7.3b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of AU$6.7, the company appears about fair value at a 18% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula – garbage in, garbage out.

Important assumptions

Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Lynas Rare Earths as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.9%, which is based on a levered beta of 1.058. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.

Looking Ahead:

Although the valuation of a company is important, it shouldn't be the only metric you look at when researching a company. It's not possible to obtain a foolproof valuation with a DCF model. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For Lynas Rare Earths, we've put together three important aspects you should assess:

1. Risks: For instance, we've identified 1 warning sign for Lynas Rare Earths that you should be aware of.

2. Future Earnings: How does LYC's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.

3. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing!

PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the ASX every day. If you want to find the calculation for other stocks just search 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.

Montreal, Quebec–(Newsfile Corp. – 31 août 2021) – Ressources Minières Vanstar Inc. (TSXV: VSR) (la « Société ») a le plaisir de confirmer que ses actions ordinaires sont désormais éligibles à la compensation et au règlement électronique par l'intermédiaire de la Depository Trust Company (« DTC ») aux États-Unis. Les actions ordinaires de la société se négocie actuellement sur l'OTCQB sous le symbole VMNGF.

DTC est une filiale de la Depository Trust & Clearing Corporation, une société américaine qui gère la compensation et le règlement électroniques des titres de sociétés cotées en bourse aux États-Unis. Les titres qui peuvent être compensés et réglés par voie électronique par la DTC sont considérés comme admissibles au DTC. L'admissibilité au DTC devrait simplifier le processus de négociation et améliorer la liquidité des actions ordinaires de la Société aux États-Unis.

J.C. St-Amour, chef de la direction de la Société a affirmé : « L'admissibilité au DTC simplifiera la négociation de nos actions ordinaires aux États-Unis. Les investisseurs existants bénéficient d'une liquidité et d'une vitesse d'exécution potentiellement plus grandes. Cela ouvre également la porte à de nouveaux investisseurs qui pourraient avoir été précédemment restreints de nos actions ordinaires. »

À propos de Vanstar

Vanstar Mining Resources Inc. est une société d'exploration aurifère avec des propriétés dans le nord du Québec à différents stades de développement. La Société détient une participation de 25% dans le projet Nelligan (3,2 millions d'onces d'or inférées, NI 43-101 octobre 2019) et 1% NSR. Le projet Nelligan a remporté le prix « Découverte de l'année » lors du gala Xplor 2019 de l'Association d'exploration minière du Québec. Vanstar détient également 100% de la propriété Félix en développement dans le groupe de Chicobi (camp minier Abitibi, 65 km à l'est de la propriété Amex Perron) et 100% d'Amanda, une propriété de 7 306 ha située sur la formation Auclair avec des indices aurifères historiques titrant jusqu'à 12,1 g / t Au sur 3 mètres.

La Bourse de croissance TSX et son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n'acceptent aucune responsabilité quant à la véracité ou l'exactitude de ce contenu.

SOURCE :

JC St-Amour
Président et PDG
+1 (647)-296-9871
jc@vanstarmining.com
www.vanstarmining.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94919

OTTAWA, ON, Aug. 31, 2021 /CNW/ – Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSXV: NRN) is pleased to provide an update on exploration and interpretation from the Root & Cellar Gold-Silver-Copper Project ("Root & Cellar" or the "Project") located on the Burin Peninsula in southeastern Newfoundland. The Company can earn a 100% interest in the Property, which is being explored for epithermal gold-silver mineralization and porphyry copper deposits.

New Gold and Copper Occurrences
Thirty-six additional grab sample assay results have been received from prospecting and ground truthing of some of the near surface IP anomalies in the Conquest Zone as announced on July 27, 2021, including assays of 3.2 and 1.0 g/t Au. Eleven other samples from the batch assayed between 0.1 and 1.0 g/t Au. These results continue to validate the prospectivity of the IP anomalies.

Furthermore, the field crew currently on-site have uncovered two new copper occurrences also within the Conquest Zone based on visual observations. The first occurrence consists of coarse blebs of chalcopyrite (copper sulphide) along with a finely disseminated silvery-grey copper mineral (possibly tetrahedrite) hosted in a silica-pyrite-potassium altered matrix (Figure 1). This occurrence coincides with the main Conquest IP trend (Figure 2) and is located approximately 100 metres east of the gold discovery recently announced (see Company press release dated July 27, 2021). The second occurrence was found near the southern Conquest IP trend (Figure 2) and consists of malachite and chalcocite (copper sulphide) hosted in vuggy silica and associated with epidote and potassic alteration.

IP Anomaly Continues to Depth
These new discoveries continue to suggest the possibility of a transitional epithermal gold to copper porphyry system occurring at Root & Cellar. Line 5300 was surveyed with two different configurations during the previously completed IP survey, with the second configuration seeing much deeper. It shows the main Conquest IP trend widening and extending to considerable depth, beyond 300 metres (Figure 3). This IP trend will be the principal target to be tested at depth, for a drilling program being planned and permitted for this fall.

"We continue to reap the benefits of being an early mover into the under-explored Burin Peninsula as more and more gold and copper occurrences are uncovered in the Conquest Zone through methodical exploration and ground truthing the near-surface expressions of the IP anomalies. We look forward to the drilling program to test these near surface IP targets and where the IP anomalies blowout below the volcanic sequence."

Ian Bliss – President & CEO

Geology-IP Interpretation
The geology of the Root & Cellar Property dominantly consists of a bimodal sequence of volcanic rocks with vent breccias and related pyroclastic rocks including ignimbrites. This sequence overlies subvolcanic basement rocks. Only a small number of the IP anomalies identified from the survey penetrate up through the volcanic sequence and come to surface. Those that do come to surface appear to be offshoots of much larger IP anomalies at depth. Importantly, the broadening of the IP anomalies occurs at a stratigraphic level interpreted to be the volcanic/basement contact.

Planned Drilling Program
A 2,500 metre drilling program is planned for the fall and a drill permit application is underway. The drilling will focus on the Conquest Zone but the Windfall Zone, along with IP targets to the south-east of Windfall, will also be tested.

This press release has been reviewed by Christine Vaillancourt, P. Geo. and the Company's Chief Geologist. Samples from the program were analyzed by Eastern Analytical Ltd. of Springdale, Newfoundland for Au by Fire Assay with ICP-AES finish. All standards, blanks and duplicates meet targeted values.

Northern Shield Resources Inc. is a Canadian-based company with experience in many geological terranes and focused on generating high-quality exploration programs. It is known as a leader in executing grass roots exploration programs using a model driven approach. Seabourne Resources Inc. is a wholly-owned subsidiary of Northern Shield focussing on epithermal gold and related deposits in Atlantic Canada.

Forward-Looking Statements Advisory

This news release contains statements concerning the exploration plans, results and potential for epithermal gold deposits, and other mineralization at the Company's Root & Cellar Property, geological, geophysical and geometrical analyses of the properties and comparisons of the properties to known epithermal gold deposits and other expectations, plans, goals, objectives, assumptions, information or statements about future, conditions, results of exploration or performance that may constitute forward-looking statements or information under applicable securities legislation. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect.

Although Northern Shield believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward–looking statements because Northern Shield can give no assurance that such expectations will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Northern Shield and described in the forward–looking statements or information. These risks and uncertainties include, but are not limited to, risks associated with geological, geometrical and geophysical interpretation and analysis, the ability of Northern Shield to obtain financing, equipment, supplies and qualified personnel necessary to carry on exploration and the general risks and uncertainties involved in mineral exploration and analysis.

The forward-looking statements or information contained in this news release are made as of the date hereof and Northern Shield undertakes no obligation to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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.

SOURCE Northern Shield Resources Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2021/31/c3962.html

VANCOUVER, British Columbia, Aug. 31, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce that partner company Valor Resources Limited (“Valor”) has provided an update on results from the recently completed on-ground field program at the Hook Lake Project. A total of 57 samples were taken from across the Hook Lake Project with assay results now having been received. The results are highlighted by the assays from the Hook Lake (or Zone S) prospect which confirmed the reported historical high-grade uranium mineralization. A total of seven rock chip samples were taken from a historical trench located at the Hook Lake prospect, with four of these samples returning high-grade uranium assays (>6% U₃O₈) as well as highly elevated rare earth (>0.5% TREO*), silver (>50ppm) and lead (> 1.8%) assays. The samples are selective in nature with a high potential for bias and should not be considered as being representative of the overall mineralised structure or zone.

*TREO = Total Rare Earth Oxides = La₂O₃, CeO₂, Pr₆O₁₁, Nd₂O₃, Sm₂O₃, Eu₂O₃, Gd₂O₃, Tb₄O₇, Dy₂O₃, Ho₂O₃, Er₂O₃, Yb₂O₃, Y₂O₃

Hook Lake (Formally North Falcon Point) Project:
https://skyharbourltd.com/_resources/projects/Falcon-Point-Project.jpg

The Hook Lake Project consists of 16 contiguous mining claims covering 25,846 hectares, located 60 km east of the Key Lake Uranium Mine in northern Saskatchewan. Skyharbour signed a Definitive Agreement with Valor Resources on the Hook Lake Uranium Project whereby Valor can earn-in 80% of the project through $3,500,000 in total exploration expenditures, $475,000 in total cash payments over three years and an initial share issuance of 233,333,333 shares of Valor.

Highlights:

• Sampling results from the Hook Lake (Zone S) prospect returns:

  • 59.2% U₃O₈, 499g/t Ag, 5.05% TREO (11,797ppm Nd₂O₃ + Pr₆O₁₁ and 1,825ppm Dy₂O₃), 14.4% Pb (Float sample)

  • 57.4% U₃0₈, 507g/t Ag, 3.68% TREO (8,562ppm Nd₂O₃ + Pr₆O₁₁ and 1,676ppm Dy₂O₃), 14.5% Pb (Rock chip sample)

  • 46.1% U₃O₈, 435g/t Ag, 2.88% TREO (7,054ppm Nd₂O₃ + Pr₆O₁₁ and 1,139ppm Dy₂O₃), 8.8% Pb (Rock chip sample)

  • 6.92% U₃O₈, 0.81% TREO, 2% Pb (Rock chip sample)

  • 6.42% U₃O₈, 1.17% TREO, 1.8% Pb (Rock chip sample)

• Anomalous rock chip sample results from West Way prospect with up to 0.64% U₃O₈ and molybdenum assays of 3.4% and 1.9%

• Project wide review of rare earth and molybdenum potential currently being undertaken

• Follow up field program planned to finalize and prioritize targets ready for drill testing

Sample results across the Hook Lake Property:

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

The program was conducted by Dahrouge Geological Consulting Limited, and focused on validating and developing the geological understanding of the historic uranium occurrences, such as the Hook Lake (or Zone S) and West Way prospects. The fieldwork was also designed to follow-up on the new targets generated from the magnetic/VLF-EM survey completed in April and the priority anomalies identified from the detailed airborne radiometric survey completed in July.

Hook Lake (Zone S) Prospect:

A total of seven rock chip samples were taken from a historical trench located at the Hook Lake prospect, with four of these samples returning high-grade uranium assays (>6% U₃O₈) as well as highly elevated rare earths (>0.5% TREO), silver (>50ppm) and lead (>1.8%) assays. These samples were taken from in-situ uraninite mineralization within a biotite or psammitic gneiss. A boulder sample located approximately 300m east of the Hook Lake trench also returned high-grade uranium and rare earths with 59.2% U₃O₈ and 5.05% TREO.

The Hook Lake high-grade uranium (and rare earth) mineralization is interpreted to be located at a dilational trap/jog which has formed at the intersection of a northeast-southwest trending shear zone and a possible north-south trending structure (potentially a reactivated Tabbernor fault structure). This interpretation highlights the potential significance of the north-south trending Tabbernor fault system structures, several of which are interpreted to transect the project area. Besides the down-dip/down-plunge potential of the immediate Hook Lake target, there is potential for further structural targets of this nature along strike to the northeast and southwest from the Hook Lake prospect. This will be further investigated during on-ground follow-up work programs.

West Way Prospect:

At the West Way prospect, located approximately 6.5km north of the Hook Lake prospect, five grab samples of outcrop or subcrop were taken with three of the samples returning anomalous uranium assay results including 0.64% U₃O₈ from a quartz vein. Two of these three samples returned high-grade molybdenum with assays of 3.4% and 1.9% Mo.

The controls on mineralization at West Way are currently uncertain and more field work is required to improve the geological understanding and develop drill targets. However, the airborne magnetics suggest a spatial association with a N-S structural feature, and there are potential repeats of this structural setting along strike to the northeast and southwest of West Way. This will be further investigated during on-ground follow-up work programs, in addition to following-up on the elevated Mo assays.

Another 44 samples were taken from across the project area, including 9 samples from the Nob Hill prospect. Results from Nob Hill ranged from no meaningful mineralization to one grab sample of pegmatite that returned an assay of 280ppm U and 1.01% TREO.

A follow-up field program is currently being planned prior to finalize and prioritize drill targets. The field program is expected to take place in October, with drilling planned during the winter 2021/22.

About Hook Lake (previously North Falcon Point) Project:

Valor has the right to earn an 80% working interest in the Hook Lake Uranium Project located 60 km east of the Key Lake Uranium Mine in northern Saskatchewan. Covering 25,846 hectares, the 16 contiguous mineral claims host several prospective areas of uranium mineralization including:

• Hook Lake / Zone S – High-grade surface outcrop with reported grades in grab samples up to 68% U₃O₈; a bio-geochemical survey carried out over the trenches in 2015 responded positively with along-strike anomalies 2 km to the northeast

• Nob Hill – Fracture-controlled vein-type uranium mineralization on surface outcrop with up to 0.130% – 0.141% U₃O₈ in grab samples; diamond drilling intersected anomalous uranium in several drill holes with values up to 422 ppm U over 0.5 m

• West Way – Vein type U mineralization within a NE-trending shear zone; grab samples taken from the surface showing contained variable uranium values including up to 0.475% U₃O₈ and drilling of the structure intersected the altered shear zone at depth, along with anomalous Cu, Ni, Co, As, V, U, & Pb

• Grid T – Fracture-hosted secondary uranium mineralization in sheared calc-silicates and marbles in a 100 m x 20 m zone of anomalous radioactivity with grab samples having up to 800 ppm U

• Alexander Lake Boulder Field – 30 biotite-quartz-k-feldspar pegmatite boulders NE of Alexander Lake; the best results include 360 ppm U, 1,400 ppm U and 1,600 ppm U respectively

• Thompson Lake Boulder Field – Numerous radioactive boulders and blocks of pegmatized meta-arkose, pegmatite, and granite; the best value obtained was 738 ppm U from a granite boulder

• NE Alexander Lake – Several calc-silicate, plagioclase-quartz granulite, quartzite, and meta-arkose boulders with up to 4,800 ppm U, 7,600 ppm Mo and 1,220 ppm Ni

The project area is in close proximity to two all-weather northern highways and grid power. Historical exploration has consisted of airborne and ground geophysics, multi-phased diamond drill campaigns, detailed geochemical sampling and surveys, and ground-based prospecting culminating in an extensive geological database for the project area.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Richard Kusmirski, P.Geo., M.Sc., Skyharbour’s Head Technical Advisor and a Director, as well as a Qualified Person.

About Valor Resources Ltd:

Valor Resources Limited (ASX: VAL) is an exploration company focused on creating shareholder value through acquisitions and exploration activities.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with six drill-ready projects covering over 240,000 hectares of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced stage uranium exploration property with high-grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U₃O₈ over 5.9 metres including 20.8% U₃O₈ over 1.5 metres at a vertical depth of 265 metres. The Company is actively advancing the project through drill programs.

Skyharbour has a joint-venture with industry-leader Orano Canada Inc. at the Preston Project whereby Orano has earned a 51% interest in the project through exploration expenditures and cash payments. Skyharbour now owns a 24.5% interest in the Project. Skyharbour also has a joint-venture with Azincourt Energy at the East Preston Project whereby Azincourt has earned a 70% interest in the project through exploration expenditures, cash payments and share issuance. Skyharbour now owns a 15% interest in the Project. Preston and East Preston are large, geologically prospective properties proximal to Fission Uranium's Triple R deposit as well as NexGen Energy's Arrow deposit.

The Company also owns a 100% interest in the South Falcon Uranium Project on the eastern perimeter of the Basin, which contains a NI 43-101 inferred resource totaling 7.0 million pounds of U₃O₈ at 0.03% and 5.3 million pounds of ThO₂ at 0.023%. Skyharbour has signed a Definitive Agreement with ASX-listed Valor Resources on the Hook Lake (previously North Falcon Point) Uranium Project whereby Valor can earn-in 80% of the project through $3,500,000 in total exploration expenditures, $475,000 in total cash payments over three years and an initial share issuance.

Skyharbour's goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:
http://skyharbourltd.com/_resources/maps/SYH-Athabasca-Map.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com.

SKYHARBOUR RESOURCES LTD.

“Jordan Trimble”
_________________________
Jordan Trimble
President and CEO

For further information contact myself or:
Riley Trimble
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) — Sparton Resources Inc. (TSXV: SRI) ("Sparton" or the "Company") reported today that construction of a world class 100MW/500MWh Storage system by VRB Energy Inc. has officially started. The project, launched in Xiangyang, Hubei Province, China, is being implemented by Hubei Province and the State Power Investment Group as part of China’s national "Carbon Neutral and Carbon Peak Strategy". The total investment in the project is RMB 9.32 billion (CAD $1.814 billion). RMB 5 billion (CAD $973.3 Million) will be invested in the construction of the 1GW wind power and photovoltaic power generation projects, and 4.32 billion (CAD $841 Million) will be invested in the construction of the initial 100MWh all-vanadium redox flow battery energy storage power station along with500MW of distributed rooftop photovoltaic installations. The Company currently owns, through its subsidiary VanSpar Mining Inc., a 9.8% equity interest in VRB Energy, a leading manufacturer of vanadium flow batteries for large scale energy storage related to clean renewable electricity generation. (See Sparton News Release dated July 2, 2021).

The official opening ceremony was held on August 29, 2021, in the Xiangyang New High-Tech Park, Hubei, China, for the 100MW/500MWh Vanadium Redox Flow Battery Energy Storage Power Station. This was commissioned by the Hubei Green-Move Zhongvan New Energy Co., Ltd. (“Green Move ZF”) In attendance were Senior Party and Government leaders from the Xiyang Municipality, representatives from the State Power Investment Group, Hubei Branch, shareholders of Green-Move ZF, and the executives from the key project partners VRB Energy and the China Number 11 Railway Construction Group.

Green Move ZF, is jointly owned by the Hubei State Power Investment Corporation known as “Hubei Green-move New Energy Co. Ltd.) (70% share interest), Hubei Pingfan Ruifeng New Energy Co., Ltd. (20% share interest) and Wuhan Fudi Real Estate Development Co., Ltd. (10% share interest).

The Power Station for the Project is located in the Automobile Industrial Park, of the Xiangyang High-tech Development Zone, and will occupy an area of about 8 hectares. The station is expected to be officially commissioned for operation before the end of 2022.

Dr. Huang Mianyan, CEO of VRB Energy Inc. stated that, “The opening ceremony marks the official construction stage of the 100MWh all-vanadium flow battery energy storage project, which will accelerate the promotion of energy storage using vanadium flow battery energy systems in Hubei. The application of our new technology has laid a solid foundation for new business. VRB Energy has participated since 2019, in the construction of the first phase of the 3MW + 3MW/12MWh vanadium redox flow battery energy storage phase of the 10MW solar and storage project in Hubei Zaoyang, and the project is working well. The operation has fully confirmed the huge application value and market prospects of VRB Energy’s storage technology and will promote the grid connection and on-site consumption of renewable energy. VRB Energy will fully cooperate and support the owner of the project with the highest standards of workmanship and implementation and operation of its energy storage systems and equipment and will deliver this project as another successful example of vanadium flow battery energy storage applications in China.”

About VRB Energy

VRB Energy is a fast-growing, privately held clean technology innovator. The company has developed the most reliable, longest-lasting vanadium flow battery in the world, with more than 40 megawatt-hours installed and in construction worldwide, and more than 800,000 hours of demonstrated performance. The combination of VRB Energy’s proprietary low-cost ion-exchange membrane, long-life electrolyte formulation and innovative flow cell design sets it apart from other providers.

VRB Energy’s vanadium redox battery (VRB^®) systems store energy in liquid electrolyte in a patented process based on the reduction and oxidation of ionic forms of the element vanadium. This is a nearly infinitely repeatable process that is safe, reliable, and non-toxic. Components can be nearly 100% recycled at end-of-life, dramatically improving lifecycle economics and environmental benefits compared to lithium-ion and other battery types.

VRB Energy is majority-owned by Ivanhoe Electric (formerly High Powered Exploration), a North American, minerals exploration and development company that also invests in minerals-dependent, high-growth emerging technologies. Ivanhoe Electric is a subsidiary of I-Pulse, a global leader in developing innovative commercial applications for pulsed power technologies that convert small amounts of electrical energy into limitless power to address a broad and growing suite of applications across multiple industrial markets.

Sparton’s Interest in VRB Energy

Sparton’s 89.8% owned subsidiary, VanSpar Mining Inc., registered in the British Virgin Islands, owns 9.8% of VRB Energy which is registered in the Cayman Islands, which in turn owns 100% of VRB Energy Systems, registered in China, and is the vanadium flow battery manufacturer. Full information regarding the history of the VRB Energy investment interest held by Sparton is in its various news releases and available at www.sedar.com in its corporate filings.

NOTE:
One (1) RMB ( China) = CAD $0.20 Canadian Dollars

For more information contact:
A. Lee Barker, M.A Sc., P. Eng.,
President and CEO
Tel./Fax: 647-344-7734 or Mobile: 416-716-5762
Email: info@spartonres.ca Website:www.spartonres.ca

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 Statements
Information set forth in this news release involves forward-looking statements under applicable securities laws. The forward-looking statements contained herein include, but are not limited to, financings and transactions being pursued, and all such forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date hereof and 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 expressly required by applicable securities legislation. Although the Company believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct and, accordingly, undue reliance should not be put on such forward-looking statements. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.

We Seek Safe Harbour

In this article, we discuss the 10 new Reddit WallStreetBets stocks on the rise. If you want to skip our detailed analysis of these stocks, go directly to the 5 New Reddit WallStreetBets Stocks On the Rise.

WallStreetBets, the Reddit forum with more than 10.8 million members, has become one of the hottest places in the world of finance over the past few months. This is evident from the meteoric rise in memberships – the group had only around 1.6 million members in December 2020. On January 28, the group gained a record 1.5 million members in a single night at the height of the short squeeze saga involving video game retailer GameStop. The forum is used by retail investors for market-related discussions.

Some of the most popular stocks on WallStreetBets presently include Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), NIO Inc. (NYSE: NIO), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG), among others. Since retail investors do not often see eye to eye with big finance on key investment choices, the group has become a hotbed of activity around meme stocks – firms with little to offer in terms of basic fundamentals but popular because of internet interest.

On August 30, the founder of the WallStreetBets group, Jaime Rogozinski, gave an interview to news platform Kitco News and revealed that he was confident that a new type of exchange-traded product that would let investors with a stake have a say in the asset selection process would soon be launched. Rogozinski even went as far as to call the product “the next meme stock” and said the product would follow a decentralized autonomous organization model. Rogozinski founded WallStreetBets in 2012.

The influx of retail investors on the market has fundamentally altered the dynamics of Wall Street. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and July 2021 our monthly newsletter’s stock picks returned 186.1%, vs. 100.1% for the SPY. Our stock picks outperformed the market by more than 115 percentage points (see the details here). That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

Photo by Austin Distel on Unsplash

Our Methodology

With this context in mind, here is our list of the 10 new Reddit WallStreetBets stocks on the rise. They were picked keeping in mind the hype around the companies on Reddit forum WallStreetBets.

In order to separate the best from the rest, only the stocks that have registered gains of 10% or more during the last five days were selected for the final listing. The stocks are ranked according to their percentage gains.

The analyst ratings of each firm are also discussed to provide readers with some more context for their investment decisions. The hedge fund sentiment around the stocks was gauged using data of 873 hedge funds tracked by Insider Monkey.

New Reddit WallStreetBets Stocks On the Rise

10. Lithium Americas Corp. (NYSE: LAC)

Number of Hedge Fund Holders: 9

Percentage Gain in Past Five Days: 10.41%

Lithium Americas Corp. (NYSE: LAC) is placed tenth on our list of 10 new Reddit WallStreetBets stocks on the rise. The firm operates as a resource company and is headquartered in Canada.

On August 30, investment advisory Cowen maintained an Outperform rating on Lithium Americas Corp. (NYSE: LAC) stock and raised the price target to $19 from $17, noting that constructive policy and near-term supply limits were driving lithium pricing higher.

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Axel Capital Management is a leading shareholder in Lithium Americas Corp. (NYSE: LAC) with 408,130 shares worth more than $6 million.

Just like Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), NIO Inc. (NYSE: NIO), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG), Lithium Americas Corp. (NYSE: LAC) is one of the new Reddit WallStreetBets stocks on the rise.

In its Q1 2021 investor letter, Massif Capital, an asset management firm, highlighted a few stocks and Lithium Americas Corp. (NYSE: LAC) was one of them. Here is what the fund said:

9. Penn National Gaming, Inc. (NASDAQ: PENN)

Number of Hedge Fund Holders: 40

Percentage Gain in Past Five Days: 11.43%

Penn National Gaming, Inc. (NASDAQ: PENN) is ranked ninth on our list of 10 new Reddit WallStreetBets stocks on the rise. The firm owns and manages gaming and racing properties. It is headquartered in Pennsylvania.

On August 5, investment advisory Stifel reiterated a Buy rating on Penn National Gaming, Inc. (NASDAQ: PENN) stock with a price target of $108. Steven Wieczynski, an analyst at the firm, issued the ratings update.

At the end of the second quarter of 2021, 40 hedge funds in the database of Insider Monkey held stakes worth 1 billion in Penn National Gaming, Inc. (NASDAQ: PENN), down from 42 in the previous quarter worth $907 million.

Along with Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), NIO Inc. (NYSE: NIO), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG), Penn National Gaming, Inc. (NASDAQ: PENN) is one of the new Reddit WallStreetBets stocks on the rise.

In its Q1 2021 investor letter, Baron Funds, an asset management firm, highlighted a few stocks and Penn National Gaming, Inc. (NASDAQ: PENN) was one of them. Here is what the fund said:

8. The Beauty Health Company (NASDAQ: SKIN)

Number of Hedge Fund Holders: 33

Percentage Gain in Past Five Days: 12.85%

The Beauty Health Company (NASDAQ: SKIN) is a California-based firm that markets aesthetic technologies and products. It is placed eighth on our list of 10 new Reddit WallStreetBets stocks on the rise.

On August 11, investment advisory Benchmark maintained a Buy rating on The Beauty Health Company (NASDAQ: SKIN) stock and raised the price target to $25 from $18, identifying contracts with retailers and international market expansion as growth catalysts for the firm.

At the end of the second quarter of 2021, 33 hedge funds in the database of Insider Monkey held stakes worth $665 million in The Beauty Health Company (NASDAQ: SKIN).

In addition to Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), NIO Inc. (NYSE: NIO), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG), The Beauty Health Company (NASDAQ: SKIN) is one of the new Reddit WallStreetBets stocks on the rise.

7. Peabody Energy Corporation (NYSE: BTU)

Number of Hedge Fund Holders: 18

Percentage Gain in Past Five Days: 16.32%

Peabody Energy Corporation (NYSE: BTU) is a Missouri-based coal mining firm. It is ranked seventh on our list of 10 new Reddit WallStreetBets stocks on the rise.

On August 2, investment advisory B Riley maintained a Neutral rating on Peabody Energy Corporation (NYSE: BTU) stock and raised the price target to $11 from $7, appreciating the second quarter earnings report of the company.

At the end of the second quarter of 2021, 18 hedge funds in the database of Insider Monkey held stakes worth $297 million in Peabody Energy Corporation (NYSE: BTU), down from 21 in the preceding quarter worth $122 million.

Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), NIO Inc. (NYSE: NIO), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG) are some of the new Reddit WallStreetBets stocks on the rise, along with Peabody Energy Corporation (NYSE: BTU).

6. Hut 8 Mining Corp. (NASDAQ: HUT)

Number of Hedge Fund Holders: 4

Percentage Gain in Past Five Days: 22.08%

Hut 8 Mining Corp. (NASDAQ: HUT) is placed sixth on our list of 10 new Reddit WallStreetBets stocks on the rise. The firm operates from Canada and engages in cryptocurrency mining operations.

On August 3, investment advisory Craig-Hallum initiated coverage of Hut 8 Mining Corp. (NASDAQ: HUT) stock with a Buy rating and a price target of $10, underlining that the firm had the right combination of hash, power, agility and diversity.

At the end of the second quarter of 2021, 4 hedge funds in the database of Insider Monkey held stakes worth $2 million in Hut 8 Mining Corp. (NASDAQ: HUT).

Tesla, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), NIO Inc. (NYSE: NIO), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOG) are some of the new Reddit WallStreetBets stocks on the rise, just like Hut 8 Mining Corp. (NASDAQ: HUT).

Click to continue reading and see 5 New Reddit WallStreetBets Stocks On the Rise.

Suggested Articles:

• 10 Biggest Short Squeezes of All Time

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• 10 Best SPACs to Invest In According to Reddit

Disclosure. None. 10 New Reddit WallStreetBets Stocks On the Rise is originally published on Insider Monkey.

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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Mosaic (MOS)

Minnesota-based The Mosaic Company is a leading producer and marketer of concentrated phosphate and potash for the global agriculture industry. It was formed through the combination of the fertilizer businesses of agribusiness giant Cargill Incorporated and IMC Global Inc. Mosaic is the biggest integrated phosphate producer globally and is also among the four largest potash producers in the world.

MOS is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Basic Materials stock. MOS has a Momentum Style Score of B, and shares are up 8% over the past four weeks.

Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2021, while the Zacks Consensus Estimate has increased $1.46 to $4.68 per share. MOS also boasts an average earnings surprise of 43%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, MOS should be on investors' short list.

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There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Ironbark Zinc (ASX:IBG) has seen its share price rise 130% over the last year, delighting many shareholders. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.

In light of its strong share price run, we think now is a good time to investigate how risky Ironbark Zinc's cash burn is. 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. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'.

View our latest analysis for Ironbark Zinc

How Long Is Ironbark Zinc's Cash Runway?

You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. In December 2020, Ironbark Zinc had AU$1.4m in cash, and was debt-free. In the last year, its cash burn was AU$1.3m. Therefore, from December 2020 it had roughly 13 months of cash runway. While that cash runway isn't too concerning, sensible holders would be peering into the distance, and considering what happens if the company runs out of cash. The image below shows how its cash balance has been changing over the last few years.

How Is Ironbark Zinc's Cash Burn Changing Over Time?

Because Ironbark Zinc isn't currently generating revenue, we consider it an early-stage business. Nonetheless, we can still examine its cash burn trajectory as part of our assessment of its cash burn situation. Even though it doesn't get us excited, the 41% reduction in cash burn year on year does suggest the company can continue operating for quite some time. Admittedly, we're a bit cautious of Ironbark Zinc due to its lack of significant operating revenues. So we'd generally prefer stocks from this list of stocks that have analysts forecasting growth.

How Hard Would It Be For Ironbark Zinc To Raise More Cash For Growth?

Even though it has reduced its cash burn recently, shareholders should still consider how easy it would be for Ironbark Zinc to raise more 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.

Since it has a market capitalisation of AU$28m, Ironbark Zinc's AU$1.3m in cash burn equates to about 4.9% of its market value. That's a low proportion, so we figure the company would be able to raise more cash to fund growth, with a little dilution, or even to simply borrow some money.

So, Should We Worry About Ironbark Zinc's Cash Burn?

Ironbark Zinc appears to be in pretty good health when it comes to its cash burn situation. One the one hand we have its solid cash burn reduction, while on the other it can also boast very strong cash burn relative to its market cap. While we're the kind of investors who are always a bit concerned about the risks involved with cash burning companies, the metrics we have discussed in this article leave us relatively comfortable about Ironbark Zinc's situation. Separately, we looked at different risks affecting the company and spotted 4 warning signs for Ironbark Zinc (of which 2 are significant!) you should know about.

If you would prefer to check out another company with better fundamentals, then do not miss this free list of interesting companies, that have HIGH return on equity and low debt or this list of stocks which are all forecast to grow.

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.

Montreal, Quebec–(Newsfile Corp. – August 31, 2021) – Vanstar Mining Resources Inc. (TSXV: VSR) ("Vanstar", or the "Company") is pleased to confirm that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States. The company's common shares trade on the OTCQX under the ticker symbol VMNGF.

DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be "DTC eligible". DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's common shares in the United States.

J.C. St-Amour, President and CEO, stated, "DTC eligibility will simplify trading of our common shares in the United States. Existing investors benefit from potentially greater liquidity and execution speeds. This also opens the door to new investors that may have been previously restricted from our common shares."

About Vanstar

Vanstar Mining Resources Inc. is a gold exploration company with properties located in Northern Québec at different stages of development. The Company owns a 25% interest in the Nelligan project (3.2 million inferred ounces Au, NI 43-101 October 2019) and 1% NSR. The Nelligan Project won the "Discovery of the Year" award at the 2019 Quebec Mineral Exploration Association Xplor Gala. Vanstar also owns 100% of the Felix property under development in the Chicobi Group (Abitibi mining camp, 65km East of Amex Perron property) and 100% of Amanda, a 7,679 ha property located on the Auclair formation with historic gold showings up to 12.1 g/t Au over 3 meters.

The TSX Venture Exchange and its Regulation Services Provider (as that term is defined in the TSX Venture Exchange Policies) do not accept any responsibility for the truth or accuracy of its content.

SOURCE :

JC St-Amour
President and CEO
+1 (647) 296-9871
jc@vanstarmining.com
www.vanstarmining.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94912

NEW YORK, NY / ACCESSWIRE / August 31, 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.

Didi Global Inc. F/K/A Xiaoju Kuaizhi Inc. (NYSE:DIDI)

This lawsuit is on behalf of persons and entities that purchased or otherwise acquired DiDi: (a) American Depositary Shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's June 2021 initial public offering; and/or (b) securities between June 30, 2021 and July 21, 2021, inclusive.

A class action has commenced on behalf of certain shareholders in Didi Global Inc F/K/A Xiaoju Kuaizhi Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) DiDi's apps did not comply with applicable laws and regulations governing privacy protection and the collection of personal information; (2) as a result, the Company was reasonably likely to incur scrutiny from the Cyberspace Administration of China; (3) the CAC had already warned DiDi to delay its IPO to conduct a self-examination of its network security; (4) as a result of the foregoing, DiDi's apps were reasonably likely to be taken down from app stores in China, which would have an adverse effect on its financial results and operations; and (5) 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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/didi-global-inc-f-k-a-xiaoju-kuaizhi-inc-loss-submission-form/?id=19169&from=1

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=19169&from=1

Katapult Holdings, Inc. (NASDAQ:KPLT)

Investors Affected: December 18, 2020 – August 10, 2021

A class action has commenced on behalf of certain shareholders in Katapult Holdings, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Katapult was experiencing declining e-commerce retail sales and consumer spending, (2) despite Katapult's assertions that it was clear and compelling value proposition to both consumers and merchants, transforming the way nonprime consumers shop for essential goods and enabling merchant access to this underserved segment, Katapult lacked visibility into its consumers' future buying behavior; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.

Shareholders may find more information at https://securitiesclasslaw.com/securities/katapult-holdings-inc-loss-submission-form/?id=19169&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/662194/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-DIDI-PLL-and-KPLT

Every investor in Freeport-McMoRan Inc. (NYSE:FCX) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Companies that used to be publicly owned tend to have lower insider ownership.

With a market capitalization of US$54b, Freeport-McMoRan is rather large. We'd expect to see institutional investors on the register. Companies of this size are usually well known to retail investors, too. Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about Freeport-McMoRan.

Check out our latest analysis for Freeport-McMoRan

What Does The Institutional Ownership Tell Us About Freeport-McMoRan?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Freeport-McMoRan already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Freeport-McMoRan's earnings history below. Of course, the future is what really matters.

Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Hedge funds don't have many shares in Freeport-McMoRan. The company's largest shareholder is BlackRock, Inc., with ownership of 8.7%. With 7.8% and 5.0% of the shares outstanding respectively, The Vanguard Group, Inc. and FMR LLC are the second and third largest shareholders.

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 21 shareholders, meaning that no single shareholder has a majority interest in the ownership.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of Freeport-McMoRan

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our information suggests that Freeport-McMoRan Inc. insiders own under 1% of the company. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own US$190m worth of shares. In this sort of situation, it can be more interesting to see if those insiders have been buying or selling.

General Public Ownership

The general public holds a 22% stake in Freeport-McMoRan. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 2 warning signs for Freeport-McMoRan that you should be aware of before investing here.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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.

Every investor in Lucara Diamond Corp. (TSE:LUC) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Companies that used to be publicly owned tend to have lower insider ownership.

Lucara Diamond is not a large company by global standards. It has a market capitalization of CA$317m, which means it wouldn't have the attention of many institutional investors. Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about Lucara Diamond.

View our latest analysis for Lucara Diamond

What Does The Institutional Ownership Tell Us About Lucara Diamond?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

As you can see, institutional investors have a fair amount of stake in Lucara Diamond. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Lucara Diamond's earnings history below. Of course, the future is what really matters.

We note that hedge funds don't have a meaningful investment in Lucara Diamond. Nemesia S.à.r.l. is currently the largest shareholder, with 19% of shares outstanding. For context, the second largest shareholder holds about 13% of the shares outstanding, followed by an ownership of 5.2% by the third-largest shareholder. Additionally, the company's CEO Eira Thomas directly holds 1.2% of the total shares outstanding.

A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of Lucara Diamond

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Shareholders would probably be interested to learn that insiders own shares in Lucara Diamond Corp.. It has a market capitalization of just CA$317m, and insiders have CA$11m worth of shares, in their own names. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling.

General Public Ownership

The general public collectively holds 57% of Lucara Diamond shares. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.

Private Company Ownership

It seems that Private Companies own 25%, of the Lucara Diamond stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Lucara Diamond you should know about.

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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

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

VANCOUVER, BC / ACCESSWIRE / August 31, 2021 / CMC Metals Ltd. (TSX-V:CMB), (Frankfurt:ZM5N), (OTC PINKS:CMCZF); (the "Company") announces that spectacular soil geochemical results continue to validate and expand airborne geophysical targets at its flagship Silver Hart project in Yukon.

CMC has significantly extended previous soil geochemical surveys at Silver Hart as a part of validating targets identified by its property wide airborne SkyTEM geophysical survey completed earlier this year. The airborne survey identified eight new targets areas on the property (T1 to T8, see Figure 1). Initial results of soil geochemical surveys over T1 and T4 announced on August 25, 2020 were highly encouraging and a second round of test results has now produced spectacular results which are serving to further validate and extend the existing anomalies. Results in the remainder of these target areas and the six other target areas are pending.

As previously noted, existing mineralization in known mineralized veins in the Main Zone occur along northeasterly structures in an area characterized with low magnetic features, moderate conductivity, and in close proximity to the geological contact between volcanics of the Cassiar Batholith with overlying meta-sedimentary sequences including limestones and schists. In the Main Zone, these polymetallic veins are known to have strike extent up to 1.35 kilometers with above average grades of silver, lead, zinc with minor copper and gold.

The Company has now completed a detail statistical and spatial analysis of the soil results of the release of August 25 and the recent results (see summary). These combined results show that both T1 and T4 targets are northeasterly trending anomalies that possibly represent a series of parallel vein structures or a larger alteration system, but share typical characteristics and the geological setting associated with the known high grade silver-lead-zinc mineralization in the Main Zone. The geological setting of T1 and T4 is in close proximity to the important geological contact between the Cassiar Batholith and overlying sediments, with low magnetic and moderate conductivity geophysical signatures and viable targets identified in the 3-D modelling.

Kevin Brewer, P.Geo. President and CEO notes, "These are the most significant and strongest soil soil anomalies ever identified at Silver Hart. Having soil values of up to 526,000ppb (526 ppm) silver in the midst of a large anomalous area in T1 is significant and presents a great drill target for our future drill programs. These are clearly areas where we will want to further pinpoint targets through trenching and detailed modelling of our geophysical results and then proceed to investigate with drilling in 2022."

John Bossio, Chairman notes, "We are now at a pivotal stage at Silver Hart. Our efforts to increase the exploration footprint are clearly resulting in the identification of meaningful targets. We are becoming increasingly confident that resources can be significantly expanded at Silver Hart through future drilling efforts in these new exploration areas. It has taken a couple of years to reach this point and there is a lot of additional work to do within these areas and to evaluate what we already have identified."

Summary of the Statistical Analysis of Recent Soil Results

Key highlights from recent soil sampling are as follows:

Batch 1:

• From a total of 218 samples (see Press release of August 25, 2021), 93 were anomalous in silver with 14 samples in excess of 3,000 ppb ranging from 3,000-8,000 ppb, 45 samples in excess of 1,000 ppb ranging from 1000- 2999 ppb and 34 samples in excess of 500 ppb;

• One sample had an anomalous value of silver >5,000ppb;

• All anomalous silver samples were also anomalous in zinc, lead, iron and manganese;

• 54 samples were anomalous in Pb with values greater than 50 ppm and a highest value of 358 ppm; and

• 59 samples were anomalous in zinc with values greater than 200 ppm and a highest value of 2,019 ppm.

Batch 2:

• From a total of 281 samples (see Figures 1-3, attached), 174 were anomalous in silver with 35 samples in excess of 3,000 ppb ranging from 3,000ppb – 526ppm (526,000ppb) and two samples with 350,000ppb and 99,400ppb. In addition there were 89 samples in excess of 1,000 ppb ranging from 1000- 2999 ppb and 50 samples in excess of 500 ppb;

• Eight (8) samples had anomalous values of silver >5,000ppb;

• All anomalous silver samples were also anomalous in zinc, lead, iron and manganese;

• 77 samples were anomalous in Pb with values greater than 50 ppm and a highest value of 6089 ppm; and,

• 98 samples were anomalous in zinc with values greater than 200 ppm and a highest value of 3,702 ppm.

Combined testing batches (1 and 2):

• From a total of 499 samples, 267 were anomalous in silver with 49 samples in excess of 3,000 ppb ranging from 3,000ppb – 526ppm (526,000ppb) and another sample with 350,000ppb, 134 samples in excess of 1,000 ppb ranging from 1000- 2999 ppb and 84 samples in excess of 500 ppb;

• Nine (9) samples had anomalous values of silver >5,000ppb;

• All anomalous silver samples were also anomalous in zinc, lead, iron and manganese;

• 131 samples were anomalous in Pb with values greater than 50 ppm and a highest value of 6089 ppm;

• 157 samples were anomalous in zinc with values greater than 200 ppm and a highest value of 3,702 ppm;

Overall, The company concludes that the highly positive soil geochemical results over the Skytem airborne T1 and T4 targets demonstrates the validity of both targets that now merit further evaluation by trenching, 3-D modelling evaluation, and drilling. As previously noted, both of these targets also have the key factors associated with known mineralized areas at Silver Hart which include being proximal to the Cassiar Batholith-sediment contact, low magnetism, moderate conductivity, northeasterly trending anomalies, and viable targets in 3-D modelling.

T1 – Significant Anomalous Area Defined Extending Known Anomaly in the KW Zone.

A significant anomalous area 600 meters by 450 meters that is open to the north, northeast, and southwest has been identified in the northernmost part of the KW zone explored to date. Of particular interest is an area with three very high silver soil anomalies ranging from 99-526 g/t silver (extremely high values for soils) in a possible zone with dimensions of 400 meters in strike length by 150 meters in width.

The aforementioned anomaly, included with previous anomalies identified through soil/rock geochemical sampling and geophysical studies, has resulted in a significant anomalous area with a maximum strike length of approximately 1000 meters by 750 meters with a possible series of parallel northeasterly structures with widths in the range of 200-250 meters. These are thought to represent a series of possible northeasterly trending veins or a larger overall alteration system that is atypical of the known mineralized system in the Main Zone.

T4 – Significant Anomalous Area Defined Extending Known Anomaly in the South Zone

A significant anomalous area 700 meters by 400 meters that is open to the west, north and northeast has been identified in the northernmost portion of the South Zone.

The aforementioned anomaly combined with previous anomalies identified through soil/rock geochemical sampling and geophysical studies, has identified a significant anomalous area of strike length in excess of 2,500 meters by 150-300 meters in width with numerous anomalous soils that trend in a northeasterly direction (the typical direction of other vein structures at Silver Hart) in the South Zone. Like the T1 anomalies these are thought to represent a series of possible northeasterly trending veins or a larger overall alteration system that is atypical of the known mineralized system in the Main Zone.

Comment on Indicator Elements

Mineralized areas in the Main Zone at Silver Hart are associated with significant amounts of manganese and iron alteration. Manganese and iron coating is a prominent feature. The association of the silver, lead, zinc with manganese and iron in the soils is a positive indicator for potential mineralization.

Qualified Person

Kevin Brewer, a registered professional geoscientist in BC, Yukon and Newfoundland, is the Company's President and CEO, and Qualified Person (as defined by National Instrument 43-101). He has approved the technical information reported herein. The Company is committed to meeting the highest standards of integrity, transparency and consistency in reporting technical content, including geological reporting, geophysical investigations, environmental and baseline studies, engineering studies, metallurgical testing, assaying and all other technical data.

About CMC Metals Ltd.

CMC Metals Ltd. is a growth stage exploration company focused on opportunities for silver in Yukon and British Columbia and polymetallic deposits in Yukon and Newfoundland. Our silver-lead-zinc prospects include the Silver Hart Deposit and Blue Heaven claims (the "Silver Hart Project") and the recently acquired Rancheria South, Amy and Silverknife claims (the "Rancheria South Project"). Our polymetallic projects with potential for copper-silver-gold and other metals include Logjam (Yukon), Bridal Veil and Terra Nova (both in Newfoundland).

On behalf of the Board:

"John Bossio"___ _

John Bossio, Chairman

CMC METALS LTD.

For Further Information and Investor Inquiries:

Kevin Brewer, P. Geo., MBA, B.Sc Hons, Dip. Eng
President, CEO and Director
Tel: (604) 670 0019
kbrewer80@hotmail.com
Suite 110-175 Victory Ship Way
North Vancouver, BC
V7L 0B2

To be added to CMC's news distribution list, please send an email to info@cmcmetals.ca or contact Mr. Kevin Brewer.

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

"This news release may contain certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. In this release disclosure regarding the potential to undertake future exploration work comprise forward looking statements. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund its projects, to carry out the work and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, the impact of the constantly evolving COVID-19 pandemic crisis and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com.

Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and 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 expressly required by applicable securities legislation."

SOURCE: CMC Metals Ltd.

View source version on accesswire.com:
https://www.accesswire.com/662198/CMCs-Spectacular-Geochemical-Survey-Results-Continue-to-Validate-and-Expand-Airborne-Geophysical-Targets-At-Silver-Hart-Yukon