Vancouver, British Columbia–(Newsfile Corp. – July 7, 2021) – MAX RESOURCE CORP. (TSXV: MXR) (OTC PINK: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to report the expansion of the newly discovered URU zone from 4 to 12-kilometres of strike, at CESAR North, within the wholly-owned CESAR copper-silver project in North Eastern Colombia (refer to Figures 1 to 5).

The URU copper-silver zone lies along the southern portion of the 80-kilometre-long CESAR North belt. URU appears to be continuous over 12-kilometres, and open in all directions. Samples from the new URU copper discovery have been shipped to ALS preparation laboratory in Medellin and to Lima for assays.

The initial URU discovery (April 8, 2021 NR) reported sixteen rock chip channel samples returning of over 1% copper extending over a 4-kilometre-long-strike with highlights of 5.7 % copper and 14 g/t silver including:

• 4.3% copper and 8 g/t silver over widths of 10-metres;

• 3.6% copper and 12 g/t silver over widths of 10-metres;

• 3.0% copper and 6 g/t silver over widths of 10-metres.

The URU copper mineralization is hosted in a stockwork within igneous host rock that crosscuts sediment-hosted stratabound mineralization. Observed minerals include chalcocite, native copper, cuprite and copper oxide. The copper mineralization is often associated with the presence of epidote.

"In less than three months the Max field team extended the URU zone to 12-kilometres of strike, which is a testament to their expert field skills. The strike extension remains open in all directions, demonstrating the major-scale potential of URU. We look forward to the new URU copper assay results due late this month," commented Max CEO, Brett Matich.

"Max's in-country team is continuing its field exploration programs through to end of year," he continued.

"CESAR provides Max shareholders significant copper exposure, the key metal for the "green revolution's move to electric vehicles, solar, wind and clean power grid infrastructure. In addition, copper's declining reserve base requires major copper discoveries to replace depleting reserves," he concluded.

Figure 1. New URU copper discovery

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New URU copper discovery video

Cannot view this video? Visit:
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Figure 2. CESAR Copper-Silver Project

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Figure 3. CESAR North, URU discoveries and locations

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Figure 4. URU Discovery cross-section

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Max interprets the sediment-hosted stratabound copper-silver mineralization in the Cesar Basin to be analogous to both the Central African Copper Belt (CABC) and the Polish Kupferschiefer. Almost 50 percent of the copper known to exist in sediment-hosted deposits is contained in the CACB, including Ivanhoe Mines Ltd (TSX: IVN) 95-billion-pound Kamoa-Kakula copper deposits in the Congo.

Kupferschiefer, is the world's largest silver producer and Europes largest copper source, mining an orebody 0.5 to 5.5-metres thick at depths of 500m. The silver yield is almost twice the production of the world's second largest silver mine.

Source: Central African Belt Descriptive models, grade-tonnage relations, and databases for the assessment of sediment-hosted copper deposits with emphasis on deposits in the Central Africa Copperbelt, Democratic Republic of the Congo and Zambia by USGS 2010. Kamoa-Kakula by OreWin March 2020. World Silver Survey 2020 and Kupferschiefer Deposits & Prospects in SW Poland, September 27, 2019. Max cautions investors that the presence of copper mineralization of the Central African Copper Belt and the Polish Kupferschiefer are not necessarily indicative of similar mineralization at CESAR.

CESAR COPPER-SILVER PROJECT IN COLOMBIA – OVERVIEW

CESAR, is located along the 200-kilometre-long Cesar Basin in North Eastern Colombia encompassing widespread highly prospective copper-silver mineralization.

This region enjoys major infrastructure resulting from oil & gas and mining operations, including Cerrejon, the largest coal mine in South America, now held by global miner Glencore (refer to Figure 5).

Figure 5. CESAR Project location

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Due to the regional-scale and prospectivity of the Cesar Basin, Max has implemented a multi-faceted exploration program for 2021:

Advanced Drill Core Analysis and Modelling: ongoing analysis of historical drill holes and seismic sections integrated into our structural modelling of the Cesar Basin, in collaboration with Ingeniería Geológica Universidad Nacional de Colombia ("IGUN") in Medellín (January 7, 2021 NR);

Geochemical and Mineralogical: geochemical and mineralogy studies by the University of Science and Technology ("AGH") of Krakow, Poland. AGH bring their extensive knowledge of KGHM's world renowned Kupferschiefer sediment-hosted copper-silver deposits in Poland to the CESAR project;

Geophysical: Fathom Geophysics is interpreting seismic data, funded by the Company in collaboration with one of the world's leading copper producer;

Proprietary Field Exploration & Techniques: Max's in-country exploration teams continue to identify new stratabound copper-silver mineralized zones;

● CESAR North 80-kilomtre-long-copper-silver zone (refer to Figure 2):

– In 2020, Max identified the AMS (previously named AM South) and AMN (previously named AM North) stratabound copper-silver zones, collectively spanning over 45-km², with values of 0.1 to 34.4% copper and 5.0 to 305.0 g/t silver over intervals ranging 0.1 to 25.0-metres;

– The CONEJO zone, discovered March 2021, spanning an area of 3.2-km by 1.6-km and open in all directions. CONEJO returned values above 5.0% copper from 23 rock panels varying from 5.0m by 5.0m to 1.0m by 1.0m, 66 rock panel samples returned values over 1.0% copper (March 24, 2021 NR). Highlight assays above 9% copper and 50 g/t silver:

– 12.5% copper + 84 g/t silver over 5.0-metre by 5.0-metre
– 10.5% copper + 50 g/t silver over 3.0-metre by 2.0-metre
– 10.4% copper + 95 g/t silver over 5.0-metre by 5.0-metre
– 10.2% copper + 62 g/t silver over 5.0-metre by 5.0-metre
– 10.0% copper + 80 g/t silver over 5.0-metre by 5.0-metre
– 8.7% copper + 89 g/t silver over 5.0-metre by 5.0-metre
– 8.4% copper + 60 g/t silver over 5.0-metre by 5.0-metre
– 7.9% copper + 21 g/t silver over 5.0-metre by 5.0-metre
– 7.7% copper + 84 g/t silver over 5.0-metre by 5.0-metre
– 7.4% copper + 47 g/t silver over 5.0-metre by 5.0-metre

– The URU zone, discovered April 2021, extends over 4-kilometres, and open in all directions, located 30-km south of CONEJO. URU demonstates major-size potential; Sixteen rock chip channel samples returned over 1% copper with assay values up to 5.7 % copper and 14.4 g/t silver including URU results include (June 10, 2021 NR):

– 4.3% copper and 8 g/t silver over widths of 10-metres;
– 3.6% copper and 12 g/t silver over widths of 10-metres;
– 3.0% copper and 6 g/t silver over widths of 10-metres;

– April 2021, Max identified the SP target, which lies along the mid portion of the CESAR North 80-km belt in line with the four previous copper discoveries URU, CONEJO, AMN and AMS;

– Exploration continues on CONEJO and the URU zone;

– In addition, Max has initiated the process of mineral claim approvals and drill permiting;

• CESAR West: Max has identified copper porphyry mineralization along a significant target zone.

QUALIFIED PERSON

The Company's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Tim Henneberry, P Geo (British Columbia), a member of the Max Resource Advisory Board, who serves as a qualified person under the definition of National Instrument 43:101.

ABOUT MAX RESOURCE CORP.

Max Resource Corp. is an energy and precious metals exploration company, engaged in advancing both newly discovered global scale CESAR copper-silver project (100% owned) in Colombia and the newly acquired RT Gold project (100% earn-in) in Peru. Both projects have potential for the discovery of large-scale mineral deposits; both startbound-type copper-silver in Colombia and high-grade gold porphyry and massive sulfide in Peru.

Max Resource was awarded a Top 10 Ranked Company in the Mining Sector on the TSX Venture 50™ for 2021, achieving a market cap increase of 1,992% and a share price increase of 282% in 2020.

For more information visit: https://www.maxresource.com/
For more information visit: www.tsx.com/venture50
TSX Venture 50™ for 2021 video: MAX Resource Corp. (TSXV: MXR) – 2021 TSX Venture 50 – YouTube

For additional information contact:

Max Resource Corp.
Tim McNulty
E: info@maxresource.com
T: (604) 290-8100

*The Venture 50 ranking is provided by TSX Venture Exchange Inc. ("TSXV") for information purposes only. Neither TMX Group Limited nor any of its affiliated companies guarantees the completeness of this information and are not responsible for any errors or omissions in or any use of, or reliance on, this information. The Venture 50 program is not an invitation to purchase securities listed on TSX Venture Exchange. TSXV and its affiliates do not endorse or recommend any of the referenced securities or issuers, and this information should not be construed as providing any trading, legal, accounting, tax, investment, business, financial or other advice and should not be relied on for such purposes".

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.

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for Max Resources Corp. described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89623

Highlights:

• The Surebet Zone is highly mineralized at surface with 1000 meters of strike having 500 meters of vertical relief and 1000 meters of inferred down dip extension that remains open in all directions.

• The Surebet Zone has an average true width of 9.84 meters and grade of 10.68 g/t AuEq (7.59 g/t Au), channel highlights include:

  • 13.05 g/t AuEq over 15.1 meters true width

  • 14.11 g/t AuEq over 10.0 meters true width

• First area to be drill tested is the Cliff Zone where a fresh angular float sample assayed 967.99 g/t AuEq (29.72 oz/t Au & 97.19 oz/t Ag).

• ~ 5000 meters of drilling targeting the extensive high-grade gold-silver structure discovery exposed at surface along strike and to depth.

• Surebet Zone 3D Model & Proposed Drill Locations Video (Click Here).

TORONTO, July 07, 2021 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report its 2021 maiden diamond drill campaign has commenced at its 100% controlled Golddigger Project. The campaign is designed to trace the high-grade gold-silver zone exposed at surface along 1,000 meters (1km) of strike and to depth at the Surebet Zone discovery that currently averages 9.84 meters wide grading 10.68 g/t AuEq (7.59 g/t Au). This new discovery also has 500 meters of vertical relief and 1000 meters of inferred down dip extent. The Golddigger Project is in a mining friendly jurisdiction and world class geological setting near Stewart, BC in the Golden Triangle of British Columbia. Both the Homestake Ridge deposit and Dolly Varden Silver mine are close in proximity.

Dr. Quinton Hennigh, technical advisor to Goliath commented: “Goliath's aggressive 5,000 meter diamond drill program will enable a definitive test of the Surebet mineralized zone this season. Holes will be drilled from strategically positioned locations above this robust moderately west-dipping mineralized zone to test shallow areas and to down-dip depths of approximately 500 meters. Interestingly, the likely source of mineralizing fluids is an intrusion situated around 2 kilometers to the west. Therefore, it is conceivable that mineralization may extend beyond the limits of our current planned drill program. We think this year's program will demonstrate we are at the tip of an iceberg.”

Mr. Roger Rosmus, CEO of Goliath stated: “We are extremely pleased that drilling has commenced on our maiden drill campaign at our newly discovered Surebet Zone. This new discovery has significant untapped potential with multiple strong drill targets seen at surface along its 1 km strike length of high-grade gold-silver with significant widths that remains open. The Golddigger property is in the Golden Triangle, a world-class geologic setting where many world-class deposits have been discovered.”

Goliath has planned for a ~ 5000 meter drill targeting the extensive high-grade gold-silver structure discovery exposed at surface at the Surebet Zone both along strike and to depth. It has 1000 meters of strike length, 500 meters of vertical relief and 1000 meters of inferred down dip extent. The drilling will focus on high-grade gold-silver mineralization zone exposed at surface over 1000 meters of strike averaging 9.84 meters wide at 10.68 g/t AuEq (7.59 g/t Au) and remains open (see Company news release dated November 25, 2020).

Golddigger Property

The Golddigger property is 23,859 hectares (59,646 acres) and in a world class geological setting located on tide water 30 kilometers south-east of Stewart BC in the Golden Triangle.

The newly discovered Surebet Zone is located ~8 kilometres S.W. of Fury Gold’s Homestake Ridge property which is a high-grade gold-silver deposit that contains 982,700 oz of gold @ 4.99 g/t Au and 19,600,000 oz of silver @ 97.7 g/t Ag, with drill intercepts of up to 73 meters of 21 grams per tonne gold and 12 grams per tonne silver (source – Fury Gold’s PEA & Website) (Link to Map).

Multiple high-grade polymetallic gold-silver drill 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 gpt gold equivalent (AuEq) and 7.59 grams per tonne gold (gpt Au). The zone also has 1 kilometer (1000 meters) of inferred down dip extent (3D Model & Proposed Drill Locations Video Link).

The Surebet drill targets are contained within a shear zone and will be tested for the first time in the 2021. The high-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 less than 0.5 g/t AuEq (Link to news November 25, 2020).

The Surebet Zone 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 2km of the Red Line. Lidar imagery, drone imagery, and field observations have identified several additional paralleling structures within a 4 square km 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.

Other

All rock, channel and talus fine samples were crushed and pulverized at MSALABS's laboratory in Terrace, BC. MSALABS is either Certified to ISO 9001:2008 or Accredited to ISO 17025:2005 in all of its locations. The resulting sample pulps were analyzed for gold by fire assay and metallic screen fire assay in Langley, BC. The pulps were also assayed using multi-element aqua regia digestion at MSALABS's laboratory in Langley, BC. The coarse reject portions of the rock samples, as well as the pulps, were shipped to Goliath Resources Ltd.’s storage facility in Terrace, BC. All samples were analyzed using MSALABS's assay procedure ICP-130, a 1:1:1 aqua regia digestion with inductively-coupled plasma atomic emission spectrometry (ICP-AES) or inductively-coupled plasma mass spectrometry (ICP-MS) finish for 35 elements as well as the FAS-121 lead collection fire assay fusion procedure with atomic absorption spectroscopy (AAS) finish. Any results greater than 100 ppm for silver or 10,000 ppm copper, lead and zinc were additionally assayed using MSALABS's ICA-6xx method particular to each element. This method used an HNO3-HCl digestion followed by ICP-AES (or titrimetric and gravimetric analysis). Gold values of greater than 10 ppm Au were assayed by the FAS-425 method which includes a fire-assay fusion procedure with a gravimetric finish. Samples with Au greater than 5 ppm were additionally analyzed using metallic screen fire assay with MSALABS’s MSC-150 or MSC-350 method. QA/QC samples including blanks, standards, and duplicate samples were inserted regularly into the sample sequence.

The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.

About Goliath Resources Limited

Goliath Resources Limited is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and 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
President and Chief Executive Officer
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, July 07, 2021 (GLOBE NEWSWIRE) — Search Minerals Inc. (“Search” or the “Company”) (TSXV: SMY) (OTCQB: SHCMF), is pleased to announce that its common shares commenced trading today on the OTCQB^® Venture Market (the “OTCQB”) in the United States operated by the OTC Markets Group Inc. under the stock symbol “SHCMF”. The Company’s common shares will also continue to trade on the TSX Venture Exchange under the symbol “SMY”.

The OTCQB offers investors transparent trading in entrepreneurial and development stage U.S. and international companies that may not yet quality for OTCQX. To be eligible, companies must be current in their reporting and must undergo an annual verification and management certification process. Investors can find real-time quote and market information at: https://www.otcmarkets.com/stock/SHCMF/overview

“We are pleased to have the Company’s common shares posted for trading on the OTCQB to help introduce the Company to a broader audience. Trading on the OTCQB will assist in increasing Search’s visibility in the U.S. and offering U.S. prospective investors exposure to our Critical Rare Earth Element District in South-East Labrador,” stated Greg Andrews, President and CEO of the Company.

For further information, please contact:

Greg Andrews
President and CEO
Tel: 604-998-3432
E-mail: info@searchminerals.ca

About Search Minerals Inc.

Led by a proven management team and board of directors, Search is focused on finding and developing resources within the emerging Critical Rare Earth Element (“CREE”) District of South East Labrador. The Company controls a belt 63 km long and 2 km wide including its 100% interest in the FOXTROT and DEEP FOX Projects, which are road accessible and at tidewater. Exploration efforts have advanced FOX MEADOW, AWESOME FOX and SILVER FOX as new CREE prospects very similar to and in close proximity to FOXTROT and DEEP FOX.

Search has continued to optimize our patented Direct Extraction Process technology with the generous support from the Department of Industry, Energy and Technology, Government of Newfoundland and Labrador, and from ACOA.

Search has been selected to participate in the Government of Canada Accelerated Growth Service (“AGS”) initiative, which supports high growth companies. AGS, as a ‘one-stop shop’ model, provides Search with coordinated access to Government of Canada resources as Search continues to move quickly to production and contribute to the establishment of a stable and secure rare earth element North American and European supply chain.

We have completed two pilot plant operations and produced highly purified mixed rare earth carbonate concentrate and mixed REO concentrate for separation and refining.

About OTC Markets Group Inc.
OTC Markets Group Inc. operates the OTCQX Best Market, the OTCQB Venture Market, and the Pink Open Market for 10,000 U.S. and global securities. Through OTC Link ATS and OTC Link ECN, the OTC Markets Group connects a diverse network of broker-dealers that provide liquidity and execution services. OTC Markets Group enables investors to easily trade through the broker of their choice and empowers companies to improve the quality of information available for investors.

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.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

Certain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward‐looking information involves 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 information. The Company’s actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company’s expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

TORONTO, July 07, 2021–(BUSINESS WIRE)–Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company"), is pleased to report that it has signed an agreement with the Mexican Ministries of Economy, Interior and Labour committing to a reopening at the Cosalá Operations shut for over 17 months by an illegal blockade.

After the long period of denied access, the agreement contemplates immediate right to possession of the property with a joint inspection coordinated by the Ministry of Labor this Thursday, so that the mine can restart operations in a safe and sustainable manner. Following the inspection and Company review, the Company will provide an update on a schedule to a return to normal operations at the mine and mill.

Once production can be initiated, it is anticipated that the current higher silver prices will allow the Company to target the higher-grade silver ores in the Upper Zone of San Rafael and develop the silver-copper EC120 project. Mining these silver-rich areas of the Cosalá Operations is expected to significantly increase silver production to over 2.5 million ounces of silver per annum in the years following the restart. Coupled with the exploration success at the Galena Complex in Idaho, where the Company is targeting to reach peak historical annual production levels of approximately 5 million ounces per year, the Company expects to significantly increase silver production over the next few years.

"I am very pleased that this agreement could be signed," stated Americas Gold and Silver President & CEO Darren Blasutti. "Through extensive deliberations with senior Mexican ministers, certain union representatives, the will of our workers and the community and the President of Mexico, the agreement is a significant step to ensure the long-term stability of the operations by its signatories. I would like to personally thank all parties involved including our employees and representatives in Mexico, the Mexican and Sinaloa governments, the people of Cosalá, and the organizers of numerous petitions and rallies who have all played important roles in providing a long-term solution for the benefit of the Cosalá Operations. The Company is eager to get the operation ramped-up for all to benefit from the current strong silver, zinc and lead prices."

About Americas Gold and Silver Corporation

Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America. The Company owns and operates the Relief Canyon mine in Nevada, USA, the Cosalá Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also owns the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

Cautionary Statement on Forward-Looking Information:

This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Gold and Silver’s expectations, intentions, plans, assumptions and beliefs with respect to, among other things, estimated and targeted production rates and results for gold, silver and other precious metals, the expected prices of gold, silver and other precious metals, as well as the related costs, expenses and capital expenditures; the reopening at the Cosalá Operations, including the expected production levels and potential additional mineral resources thereat; the expected resolution of the illegal blockade at the Company’s Cosalá Operations and the restart of mining operations, including the expected timing thereof. Often, but not always, forward-looking information can be identified by forward-looking words such as "anticipate", "believe", "expect", "goal", "plan", "intend", "potential’, "estimate", "may", "assume" and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas Gold and Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas Gold and Silver to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Gold and Silver, these risks and uncertainties include risks relating to widespread epidemics or pandemic outbreak including the COVID-19 pandemic; the impact of COVID-19 on our workforce, suppliers and other essential resources and what effect those impacts, if they occur, would have on our business, including our ability to access goods and supplies, the ability to transport our products and impacts on employee productivity, the risks in connection with the operations, cash flow and results of the Company relating to the unknown duration and impact of the COVID-19 pandemic; interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to operate the Company’s operations ; and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations or disruptions, social and political developments and other risks of the mining industry. The potential effects of the COVID-19 pandemic on our business and operations are unknown at this time, including the Company’s ability to manage challenges and restrictions arising from COVID-19 in the communities in which the Company operates and our ability to continue to safely operate and to safely return our business to normal operations. The impact of COVID-19 on the Company is dependent on a number of factors outside of its control and knowledge, including the effectiveness of the measures taken by public health and governmental authorities to combat the spread of the disease, global economic uncertainties and outlook due to the disease, and the evolving restrictions relating to mining activities and to travel in certain jurisdictions in which it operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward‐looking information is available in Americas Gold and Silver’s filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas Gold and Silver does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas Gold and Silver does not give any assurance (1) that Americas Gold and Silver will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward‐looking information concerning Americas Gold and Silver are expressly qualified in their entirety by the cautionary statements above.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210707005341/en/

Contacts

Stefan Axell
VP, Corporate Development & Communications
Americas Gold and Silver Corporation
416-874-1708

Darren Blasutti
President and CEO
Americas Gold and Silver Corporation
416‐848‐9503

Shares Outstanding: 277,497,367
Trading Symbols: TSX: GGD
OTCQX: GLGDF

HALIFAX, NS, July 7, 2021 /CNW/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to report production for the quarter ending June 30, 2021 of 575,302 silver equivalent ounces ("AgEq"), consisting of 315,632 silver ounces, 3,170 gold ounces, and 120 tonnes of copper. Parral has generated positive free cash flow for ten consecutive quarters, with estimated free cash flows exceeding US$5.5 million this quarter.

"Parral continues to be an engine of free cash flow, generating in excess of US$5.5 million this quarter. We finished the quarter with a strong cash balance of over $73 million US," said Brad Langille, President and CEO. "Parral's free cash flow, when reinvested in Los Ricos, is creating exceptional value growth for our shareholders."

Table 1: Quarterly Production Summary

Mr. Robert Harris, P.Eng. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release.

About GoGold Resources

GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.

CAUTIONARY STATEMENT:

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any of GoGold's securities in the United States.

This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding production and cash flows of the Parral tailings mine, the ability of GoGold to self fund its ongoing exploration and administrative costs, future operating margins, future production and processing, and future plans and objectives of GoGold, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the Parral project. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

Important factors that could cause actual results to differ materially from GoGold's expectations include exploration and development risks associated with GoGold's projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to GoGold, reference should be made to GoGold's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, GoGold's Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.

View original content:https://www.prnewswire.com/news-releases/parral-reports-tenth-consecutive-quarter-of-positive-cash-flow-on-production-of-575k-ageq-oz-301326718.html

SOURCE GoGold Resources Inc.

View original content: http://www.newswire.ca/en/releases/archive/July2021/07/c9083.html

Figure 1

Sample Locations

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

VANCOUVER, British Columbia, July 07, 2021 (GLOBE NEWSWIRE) — AURCANA SILVER CORPORATION ("Aurcana" or the "Company") (TSXV: AUN) is pleased to provide the results of the first assays after accessing the Virginius Vein on the 1800 level as well an update on progress towards first production.

INITIAL ASSAY RESULTS

The initial samples of the Virginius Vein intersection on the 1800 level assayed 38.611 ounces per ton (opt) (1,323.8 g/t) of silver equivalent¹ over a vein width of 2.5 feet, including 85.782 opt (2,941.1 g/t) of silver equivalent¹ over 0.6 feet (see below Table 1 and Figure 1 for details). These results compare favorably with the reserve grade in this location of 24.7 opt (846.8 g/t) silver equivalent¹ over 1.4 feet as reported in the 2018 feasibility study (the “2018 FS”) prepared in accordance with National Instrument NI 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). A copy of the 2018 FS is posted on the Company’s website www.aurcana.com and is also available on the Company’s profile on SEDAR at www.sedar.com.

Assay Details

_____________________________
¹ Silver equivalent is based on the 2Q 2021 average London prices of Ag US$26.6387/oz, Au US$1,805.04/oz, Pb US$0.9568/lb and Zn US$1.3206/lb

Figure 1 accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/c6412ec5-6c77-4d31-94c5-2797d9b42e55

RESTART PROGRESS UPDATE

The Revenue-Virginius project remains on track to reach full production (270 stpd) by September 2021.

• Development ore to be delivered to the process plant in July 2021 for commissioning and restart.

• Ore throughput will be ramped up to 110 short tons per day (stpd) during August, and then to full production of 270 stpd during September.

• Concentrate shipments are anticipated to begin in early August. Trafigura Trading LLC is the off-taker for 100% of the concentrates and 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.

• Payable silver equivalent² production for the period between August and December 2021 is forecast to be 1,300,000-1,600,000 ounces at an estimated cash operating costs of between US$10.00 to US$12.00/oz silver after by-product credits³.

_____________________________
² Silver equivalent is based on the 2Q 2021 average London prices of Ag US$26.6387/oz, Au US$1,805.04/oz, Pb US$0.9568/lb and Zn US$1.3206/lb; includes payability and payment timing of the Trafigura offtake contract.

³ By-product credit metal pricing is the same as Silver equivalent pricing

Qualified Person Statement

The scientific and technical content of this news release was reviewed and approved by Michael Gross, P. Geo, a “qualified person” within the meaning of NI 43-101

ABOUT AURCANA CORPORATION

Aurcana Corporation owns the Revenue-Virginius Mine, in Colorado, and the Shafter-Presidio Silver Project in Texas, US. The primary resource at Shafter and Revenue-Virginius is silver. Both are fully permitted for production.

ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA CORPORATION

“Kevin Drover”
President & CEO

For further information, visit the website at www.aurcana.com or contact:

Aurcana Corporation
850 – 789 West Pender Street
Vancouver, BC V6C 1H2
Phone: (604) 331-9333

Gary Lindsey, Corporate Communications
Phone: (720)-273-6224
Email: gary@strata-star.com

CAUTIONARY NOTES

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words “anticipate”, “plan”, “continue”, “expect”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “predict”, “potential” and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning, without limitation, statements relating to the Private Placement (including with respect to the timing of closing of the Private Placement). Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the receipt of regulatory or shareholder approvals, and risks related to the state of financial markets or future metals prices.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company’s future operations. The Company’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

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.

SASKATOON, Saskatchewan, July 07, 2021 (GLOBE NEWSWIRE) —

Cameco (TSX: CCO; NYSE: CCJ), GE Hitachi Nuclear Energy (GEH) and Global Nuclear Fuel-Americas (GNF-A) have entered into a Memorandum of Understanding to explore several areas of cooperation to advance the commercialization and deployment of BWRX-300 small modular reactors (SMRs) in Canada and around the world.

“Nuclear power will play a massive role in the global shift to zero-carbon energy, generating a lot of momentum for emerging SMR and advanced reactor technologies,” said Cameco president and CEO Tim Gitzel. “Cameco intends to be a go-to fuel supplier for these innovative reactors. We’re looking forward to working with GEH and GNF to see what opportunities might exist around their novel SMR design.”

Cameco supplies uranium, uranium refining and conversion services to the nuclear industry worldwide and is a leading manufacturer of fuel assemblies and reactor components for CANDU reactors.

“We are excited to explore opportunities with Cameco to advance the commercialization of the BWRX-300,” said Jay Wileman, President & CEO, GEH. “As we work to bring the world’s first grid-scale SMR to Canada we will continue to identify strategic partners whose capabilities will support the deployment of this game-changing technology in Canada and worldwide.”

“BWR and CANDU fuel types are closely related as both use similar cladding materials as well as ceramic, uranium dioxide fuel pellets so this type of collaboration offers the potential to extract significant synergies between the two fuel designs and manufacturing processes, enabling the expansion of Canada’s local fuel supply chain capabilities,” said Lisa McBride, Canada SMR Country Leader for GEH.

The BWRX-300 is a 300 MWe water-cooled, natural circulation SMR with passive safety systems that leverages the design and licensing basis of GEH’s U.S. NRC-certified ESBWR. Through dramatic and innovative design simplification, GEH projects the BWRX-300 will require significantly less capital cost per MW when compared to other SMR designs.

By leveraging the existing ESBWR design certification, utilizing the licensed and proven GNF2 fuel design, and incorporating proven components and supply chain expertise, GEH believes the BWRX-300 can become the lowest-risk, most cost-competitive and quickest to market SMR.

An independent report by PwC Canada, commissioned by GEH, estimates that the construction and operation of the first BWRX-300 in Ontario is expected to generate approximately $2.3 billion in Gross Domestic Product (GDP), $1.9 billion in labour income and more than $750 million in federal, provincial and municipal tax revenue over its lifespan. The report estimates that each subsequent BWRX-300 deployed in Ontario and other provinces is expected to further generate more than $1.1 billion in GDP and more than $300 million in tax revenue.

This MOU is not exclusive and does not preclude GEH or Cameco from pursuing similar arrangements with other companies in the nuclear energy sector.

About Cameco

Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

About GE Hitachi Nuclear Energy

GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety. Follow GEH on LinkedIn and Twitter.

About GNF

Global Nuclear Fuel (GNF) is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan.

Caution Regarding Forward-Looking Information and Statements

This news release includes statements considered to be forward-looking information or forward-looking statements under Canadian and U.S. securities laws (which we refer to as forward-looking information), including: the intention of GEH, GNF-A and Cameco to explore areas of cooperation to advance the commercialization and deployment of SMRs in Canada and around the world; the intention of GEH to continue to identify strategic partners to support the deployment of this technology; the expectation of a global shift to zero-carbon energy, the role that nuclear power will play, the implications for emerging SMR and advanced reactor technologies, and Cameco’s intentions regarding acting as a fuel supplier for those reactors; the expectation that this collaboration may lead to the realization of synergies between the BWR and CANDU fuel types and manufacturing processes, which would expand fuel supply chain capabilities; GEH’s expectation that the BWRX-300 will require significantly less capital cost per MW when compared to other SMR designs, and its belief that the BWRX-300 can become the lowest-risk and quickest to market SMR; and the estimate that the construction and operation of the first BWRX-300 in Ontario would generate approximately $2.3 billion in Gross Domestic Product (GDP), $1.9 billion in labour income and more than $750 million in federal, provincial and municipal tax revenue over its lifespan, and that each subsequent BWRX-300 would further generate more than $1.1 billion in GDP and more than $300 million in tax revenue. This forward-looking information is based on a number of assumptions, including assumptions regarding: the assumption that GEH, GNF-A, Cameco and other potential strategic partners of GEH will be able to collaborate successfully to advance the commercialization and deployment of SMRs in Canada and around the world; the assumption that a global shift to zero-carbon energy will occur, that nuclear power will play a role in that shift, including SMR and advanced reactor technologies; the assumption that Cameco will be successful in acting as a fuel supplier for those reactors; assumptions about potential synergies between the BWR and CANDU fuel types which would be helpful in expanding fuel supply chain capabilities; assumptions regarding capital costs and time to market for the BWRX-300; and assumptions regarding the impact of the construction of the first and subsequent BWRX-300 reactors in Ontario in terms of GDP, labour income and tax revenue. This information is subject to a number of risks, including: the risk that GEH, GNF-A and Cameco will not be successful in advancing the commercialization and deployment of SMRs through their mutual collaboration, or otherwise; the risk that a global shift to zero-carbon energy does not occur, or does not occur as quickly as expected; the risk that nuclear power, and in particular SMR and advanced reactor technologies, does not play as significant a role as expected in a shift to zero-carbon; the risk that Cameco will not be successful in acting as a fuel supplier, either because the expected demand does not develop, or because Cameco is unable to compete successfully against other suppliers; the risk that expected synergies between BWR and CANDU fuel types cannot be identified or successfully exploited to expand fuel supply chain capabilities; the risk that capital costs will be higher than expected, and that it will take longer than expected, to bring the BWRX-300 to market; and the risk that construction of BWRX-300 reactors will not yield the expected increases in GDP, labour income or tax revenue. The forward-looking information in this news release represents our current views, and actual results may differ significantly. Forward-looking information is designed to help you understand our current views, and may not be appropriate for other purposes. We will not necessarily update this information unless we are required to by securities laws.

Investor inquiries:
Rachelle Girard
306-956-6403
rachelle_girard@cameco.com

Media inquiries:
Jeff Hryhoriw
306-385-5221
jeff_hryhoriw@cameco.com

VANCOUVER, British Columbia, July 07, 2021 (GLOBE NEWSWIRE) — Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (“Aben” or “the Company”) is pleased to announce that it has formalized an Option Agreement with an arms-length third party whereby the Company will hold the exclusive right to earn a 100% interest in the Pringle North Gold Project located north of the town of Red Lake in the Red Lake Mining District of Northwestern Ontario.

Pringle North Gold Project

The Property consists of 5 contiguous mining claims covering approximately 1,881 hectares. The property is 60km north of the town of Red Lake and is located 15km east of the all-weather Nungesser Road. This area has been recently identified by the “Ministry of Energy, Northern Development and Mines Recommendations for Exploration 2020-2021” for its deep-seated structural similarities that are associated with the Red Lake Gold Camp and Great Bear Resource’s Dixie Gold Project. This deep-seated structure (named the “E-1 Extensional Fault”) that occurs along this trend was delineated by seismic surveys and is considered a third deep-tapping structure that may have provided fluid pathways for gold mineralization to the mines and recent discoveries in the region. Age determination (by Sanborn et al, 2004) dates this sedimentary belt and assigns it to the Balmer Assemblage which is host to the gold mines in the Red Lake Camp.

Figure 1. Regional Location
https://abenresources.com/site/assets/files/4218/regional_location.png

Figure 2. Metal Occurrences
https://abenresources.com/site/assets/files/4218/metal_occurrences.png

Figure 3. Local Claim Fabric
https://abenresources.com/site/assets/files/4218/local_claim_fabric.png

Under the terms of the Agreement, the Company may acquire 100% right, title, and interest in and to the Property by paying to the Optionors a total of $97,000 and issuing to the Optionors a total of 320,000 common shares as follows:
(i) $18,000 upon signing;
(ii) 120,000 Shares upon TSX Venture Exchange (“TSXV”) approval;
(iii) $24,000 and 100,000 Shares on the first anniversary of TSXV approval; and
(iv) $55,000 and 100,000 Shares on the second anniversary of TSXV approval.
The Optionors shall retain a 1.5% Net Smelter Returns Royalty, of which the Company may purchase 0.5% at any time for $600,000.

Forrest Kerr Gold Project

Aben Resources would like to provide a corporate update on the Company’s exploration plans for 2021 and going forward. First, the Company would like to thank the shareholders for their understanding and patience as we start the process of identifying new gold projects with great exploration upside and potential. It is the Company’s desire to expand the project base to facilitate exploration on a year-round basis. This does not mean that Aben is abandoning the Forrest Kerr Gold Project. Given the Forrest Kerr Project’s size, there remains significant exploration potential that the Company will consider for the future.

Currently, final planning is underway for a 30-day surface exploration program to be initiated in early August on Aben’s fully permitted Forrest Kerr Project, located in the Golden Triangle region of British Columbia. 2021 fieldwork will consist of soil geochemical sampling, prospecting and geological mapping in specific areas of the property which have seen limited follow-up from earlier work.

The Forrest Kerr Property consists of 4 separate claim blocks comprised of 56 mineral claims (23,397 ha) owned 100% by Aben. Numerous areas of interest have been identified since Aben began systematic exploration in 2016, with a total of 72 drill holes (22,958m/75,302’) completed. The Boundary Valley (3.5 km x 1.0 km) hosts significant surface gold mineralization and complex structural intersections, both of which are important indicators of the potential for discovery of more sub-surface high-grade gold mineralization. In 2018, Aben reported grades ranging from trace values to a high of 38.7 g/t Au over 10.0m from 114.0-124.0m including 331.0 g/t Au over 1.0m from in Hole FK18-10.

Forrest Kerr Gold Project, Golden Triangle, BC claims map:
https://abenresources.com/site/assets/files/4087/abn_forrest_kerr_project_map.pdf

Cornell McDowell, P.Geo., V.P. of Exploration for Aben Resources, has reviewed and approved the technical aspects of this news release and is the Qualified Person as defined by National Instrument 43-101.

About Aben Resources:

Aben Resources is a well-funded, gold-focused Canadian junior exploration company developing quality gold-focused projects in British Columbia, Saskatchewan, Ontario, and the Yukon Territory.

For further information on Aben Resources Ltd. (TSX-V: ABN), visit our Company’s web site at www.abenresources.com.

ABEN RESOURCES LTD.

“Jim Pettit”
______________________
JAMES G. PETTIT
President & CEO

For further information contact:
Aben Resources Ltd.
Telephone: 604-416-2978
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@abenresources.com

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

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.

Teck Resources Limited TECK has issued an update related to the rail disruptions due to the wildfires in British Columbia (B.C). This incident has damaged the rail line near Lytton, B.C., causing disruption in rail services between Teck’s steelmaking coal operations and west coast terminals.

The company has been executing measures since the Jun 30 accident to mitigate impact of the disruption and focus on redirecting shipments to Ridley Terminals in Prince Rupert. Teck is evaluating the overall impact of the incident to customer shipments and productions, which will be dependent on the length of the rail disruption.

Notably, the company’s second-quarter 2021 sales remain unaffected as the incident occurred on the last day of the quarter. During its first quarter conference call in April, the company had projected steelmaking coal sales volume between 6 and 6.4 million tons for the June-end quarter. However, Teck’s steelmaking coal sales during third-quarter 2021 are expected to be lowered by 300-500 thousand tons due to the incident. The company is also taking measures to ease the impact of rail disruption related to product transportation from Highland Valley Copper operations (HVC).

The company’s all B.C operations are currently operational, with steelmaking coal operations producing and taking advantage of the low levels of clean coal inventory at the mines.

Teck is the world's second largest seaborne exporter of steelmaking coal, with six operations in Western Canada that have significant high-quality steelmaking coal reserves. During first-quarter 2021, steelmaking coal sales volumes improved 9% year over year to 6.2 million tons. For the current year, Teck had earlier guided steelmaking coal production between 25.5 million tons and 26.5 million tons.

Demand for steelmaking coal continues to recover from the impact of the pandemic. The company targets 7.5 million tons steel making coal sales to China in the current year in a bid to capitalize on the increase in demand due to restrictions on Australian coal imports. Moreover, the Neptune Bulk Terminals upgrade project will strengthen the performance of the steelmaking coal-supply chain and meet the long-term requirements of customers for consistent, high-quality product while also lowering overall logistics costs.

Price Performance

The company’s shares have appreciated 107.5% over the past year, outperforming the industry’s growth of 41.3%.

Image Source: Zacks Investment Research

Zacks Rank & Stocks to Consider

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

Better-ranked stocks in the basic materials space include Univar Solutions Inc. UNVR, Nucor Corporation NUE and Cabot Corporation CBT. While Univar and Nucor sport a Zacks Rank #1 (Strong Buy), Cabot carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Univar has a projected earnings growth rate of 35.2% for 2021. The company’s shares have rallied around 53% in a year’s time.

Nucor has a projected earnings growth rate of 259.9% for the current year. The company’s shares have soared around 130% over the past year.

Cabot has an expected earnings growth rate of around 126% for the current fiscal year. The company’s shares have surged 60% in the past year.

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Physical shipment of commercial quantities of rare earths from Energy Fuels' White Mesa Mill in Utah to Neo Performance Materials' plant in Estonia represents an important milestone in creation of new rare earth supply chain

TORONTO, ON and LAKEWOOD, Colo., July 7, 2021 /PRNewswire/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ("Energy Fuels") and Neo Performance Materials Inc. (TSX: NEO) ("Neo") are pleased to announce that the first container (approximately 20 tonnes of product) of an expected 15 containers of mixed rare earth carbonate ("RE Carbonate") has been successfully produced by Energy Fuels at its White Mesa Mill in Utah (the "Mill") and is en route to Neo's rare earth separations facility in Estonia, creating a new United States-to-Europe rare earth supply chain. Additional shipments of RE Carbonate are expected as Energy Fuels continues to process natural monazite sand ore ("Monazite") mined in Georgia (U.S.) by Chemours (NYSE: CC) for both the rare earth elements and naturally occurring uranium that it contains.

This new supply chain will initially produce rare earth products from monazite that is processed into RE Carbonate at Energy Fuels' Mill in Utah. The RE Carbonate is then processed by Neo at its Silmet rare earth processing facility in Sillamäe, Estonia ("Silmet") into separated rare earth oxides and other value-added rare earth compounds. Neo is the only commercial producer of separated rare earth oxides in Europe.

Monazite, which is produced as a byproduct of existing heavy mineral sands mining, also contains naturally occurring uranium that Energy Fuels recovers for use in the generation of carbon-free nuclear energy.

This commercial-scale production of RE Carbonate by Energy Fuels from a U.S. mined rare earth resource positions Energy Fuels as the only company in North America that currently produces a Monazite-derived, enhanced rare earth material. The physical delivery of this product also represents the launch of a new, environmentally responsible rare earth supply chain that allows for source validation and tracking from mining through to final end-use applications for manufacturers in North America, Europe, Japan, and other nations.

Energy Fuels and Neo are further pleased to announce the signing of a definitive supply agreement (the "Agreement") by the companies' respective affiliates. Under the Agreement, Colorado-based Energy Fuels will ship all or a portion of its RE Carbonate to Neo's Silmet rare earth separations facility. Neo will then process Energy Fuels' RE Carbonate into separated rare earth materials for use in rare earth permanent magnets and other rare earth-based advanced materials. Because of increasing demand for value-added rare earth materials in European manufacturing, Toronto-based Neo seeks to expand and diversify its current supplies of rare earth feedstock at Silmet, which is the only operational rare earth separations facility in Europe. Silmet has been separating rare earths into commercial value-added products for more than 50 years.

Representatives from both Energy Fuels and Neo were on hand at the White Mesa Mill to celebrate the launch of this new critical supply chain.

In addition to supplying RE Carbonate to Neo, Energy Fuels is also evaluating the potential to develop its own separation capabilities at its White Mesa Mill in Utah (U.S.), or nearby, and possibly adding metals, alloys, and rare earth permanent magnets manufacturing capabilities. As a first step, the Company has hired the French firm, Carester SAS, a leading global expert in rare earth separation and supply chains, to produce a scoping study including capital and operating costs for a full rare earth separations capability at the White Mesa Mill, which would be the next important step towards fully integrating a U.S. rare earth supply chain in the coming years, in addition to continuing to supply RE Carbonate to European markets over the long-term.

"The launch of this new supply chain is a real gamechanger for Neo and our growing customer base in Europe," said Constantine Karayannopoulos, Neo's Chief Executive Officer. "This innovative U.S.-to-Europe supply chain will supplement Neo's existing rare earth supply from our long-time Russian supplier. It will enable Neo to expand value-added rare earth production in Estonia to meet growing demand in Europe for these materials. It begins to unlock the extraordinary economic and environmental potential presented by utilizing low-cost rare earth feedstock from monazite ore that is a byproduct of existing mining. And, it helps Neo ramp up rare earth production in Estonia just as Europe accelerates vehicle electrification and other initiatives aimed at mitigating climate impacts."

"Today, Energy Fuels and Neo took significant steps toward restoring critical U.S. and European rare earth supply chains," stated Mark S. Chalmers, President and CEO of Energy Fuels. "Energy Fuels has methodically ramped up our mixed rare earth carbonate production since we first started feeding Georgia monazite ore into our Utah mill in March. Successfully producing this rare earth product, and physically delivering the first containers of Rare Earth Carbonate to Neo, is an important achievement, not only for Energy Fuels and Neo, but also for U.S. government efforts to restore critical rare earth supply chains. This is also very good news for end-users of rare earth products in the U.S., Europe, Japan and elsewhere who seek alternative sources of rare earths produced in the U.S. and Europe to the highest global standards of environmental protection and sustainability."

Significant quantities of Monazite are produced around the world as a byproduct of zircon and titanium production from heavy mineral sand operations, including large resources in the U.S., Australia, Brazil, South Africa, and other nations. Energy Fuels is in discussions with several parties to secure additional quantities of Monazite that it can use to expand this quickly emerging rare earth initiative. Energy Fuels has a goal of processing 15,000 tons of Monazite or more per year in the future. For perspective, 15,000 tons of Monazite per annum would contain rare earths equal to roughly 50% of total current U.S. demand, while only utilizing approximately 2% of the White Mesa Mill's existing throughput capacity and less than 1% of its existing tailings capacity.

Monazite from the southeast U.S. typically contains roughly 55% total rare earth oxides ("TREO") of which the magnetic elements neodymium and praseodymium ("NdPr") comprise approximately 22% of the TREO. NdPr are among the most valuable of the rare earth elements, as they are the key ingredient in the manufacture of high-strength permanent magnets that are essential to the lightweight and powerful motors required in electric vehicles, permanent magnet wind turbines used for renewable energy generation, and a variety of other modern technologies, including, mobile devices and defense applications. U.S. Monazite also contains approximately 14.4% "heavy" rare earths on a TREO basis, including roughly 1.5% dysprosium and terbium which have additional important magnet and national defense applications.

ABOUT NEO PERFORMANCE MATERIALS

Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability. Neo's advanced industrial materials — magnetic powders and magnets, specialty chemicals, metals, and alloys — are critical to the performance of many everyday products and emerging technologies. Neo's products help to deliver the technologies of tomorrow to consumers today. The business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals. Neo is headquartered in Toronto, Ontario, Canada; with corporate offices in Greenwood Village, Colorado, US; Singapore; and Beijing, China. Neo operates globally with sales and production across 10 countries, being Japan, China, Thailand, Estonia, Singapore, Germany, United Kingdom, Canada, United States, and South Korea. For more information, please visit www.neomaterials.com.

ABOUT ENERGY FUELS

Energy Fuels is a leading U.S.-based uranium mining company, supplying U₃O₈ to major nuclear utilities. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to commercial production of REE carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America's key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery ("ISR") Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U₃O₈ per year, has the ability to produce vanadium when market conditions warrant, as well as REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U₃O₈ per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U₃O₈per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels' common shares is the NYSE American under the trading symbol "UUUU," and the Company's common shares are also listed on the Toronto Stock Exchange under the trading symbol "EFR." Energy Fuels' website is www.energyfuels.com.

CAUTIONARY STATEMENTS REGARDING FORWARD LOOKING STATEMENTS

This news release contains "forward-looking information" within the meaning of applicable securities laws in Canada and the United States. Forward-looking information may relate to future events or future performance of Neo or Energy Fuels. All statements in this release, other than statements of historical facts, with respect to Neo's or Energy Fuels' objectives and goals, as well as statements with respect to their beliefs, plans, objectives, expectations, anticipations, estimates, and intentions, are forward-looking information. Specific forward-looking statements in this discussion include, but are not limited to, the following: any expectation that the White Mesa Mill will continue to be successful in producing RE Carbonate on a commercial basis; any expectation that Silmet will be successful in separating the White Mesa Mill's RE Carbonate on a commercial basis; any expectations with regard to the cost of producing and separating RE Carbonate; any expectation that Energy Fuels will be successful in increasing its supplies of monazite sand ore supplies, developing U.S. separation, metals or metal/alloy capabilities at the White Mesa Mill or nearby, or otherwise fully integrating the U.S RE supply chain in the future; any expectation with regard to the future demand for rare earth materials, including any expectation that Europe will continue to accelerate vehicle electrification and other initiatives aimed at mitigating climate impacts; any expectation with regard to the economic and environmental potential presented by utilizing rare earth feedstock from monazite ore; any expectation with respect to the quantities of monazite ore to be acquired by Energy Fuels, the quantities of RE Carbonate to be produced by the White Mesa Mill or the quantities of contained TREO to be acquired by Silmet for separation; and any expectation that the rare earths produced by Energy Fuels and Neo will continue to be produced to the highest global standards of environmental protection and sustainability. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "continues", "forecasts", "projects", "predicts", "intends", "anticipates" or "believes", or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. This information involves 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 information. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements include risks associated with: processing difficulties and upsets; available supplies of monazite sands; the ability of the White Mesa Mill to produce RE Carbonate to meet commercial specifications on a commercial scale at acceptable costs; the ability of Silmet to separate the RE Carbonate to meet commercial specifications on a commercial scale at acceptable costs; the capital and operating costs associated with separation, metal, alloy and/or magnet production facilities; permitting and regulatory delays; litigation risks; competition from others; market factors, including future demand for and prices realized from the sale of rare earth elements; and the policies and actions of foreign governments, which could impact the competitive supply of and global markets for rare earth elements. Forward-looking statements contained herein are made as of the date of this news release, and Neo and Energy Fuels disclaim, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. Neo and Energy Fuels assume no obligation to update the information in this communication, except as otherwise required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/energy-fuels-and-neo-performance-materials-announce-contract-signing-and-launch-of-commercial-shipments-of-rare-earth-product-to-europe-in-emerging-us-based-rare-earth-supply-chain-301326694.html

SOURCE Energy Fuels Inc.

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MONTREAL, July 07, 2021 (GLOBE NEWSWIRE) — The management of Sirios Resources Inc. (TSXV: SOI) is pleased to announce the commencement of a 2,500-metre diamond drill program on its Cheechoo gold property in Eeyou Istchee James Bay, Quebec. In addition to definition drilling, the program will test exploration targets outside of the limits of the Cheechoo gold deposit, as well as a target at depth on the extension of the deposit itself.

From south to north, the first hole will be the deepest of the entire campaign, targeting a possible lateral extension of the Cheechoo deposit to the southeast. The second hole will test the extension of a zone defined by 0.9 g/t Au over 15.7 m (including 1.2 g/t Au over 8.1 m) from hole 129 (ref: press release 04/24/2018) hosted in the meta-graywackes, outside of the limits of the currently defined gold resource that are hosted in the tonalite. A newly identified gold-bearing zone could thus be defined solely hosted in the meta-sedimentary rocks.

Several definition holes will also be drilled in the central-eastern part of the deposit. Finally, five to seven holes, located approximately 2.5 km north of the currently defined deposit, will target a gold-arsenic soil anomaly located up-ice of a till anomaly.

The diamond drilling is being carried out by Synee Drilling Inc. a company majority owned by the Tawish Development Corporation of the Wemindji Cree Nation. In addition to Synee Drilling's diamond drill rig, a second reverse circulation (RC) drill rig, operated by Boart Longyear, will arrive at the Cheechoo site in the near future to complete an additional 7,500 metre definition drilling program.

The scientific and technical content of this press release has been reviewed and approved by Dominique Doucet, P.Eng. President and CEO of Sirios Resources Inc. and Jordi Turcotte, P.Geo., Senior Geologist, Qualified Persons as defined by NI 43-101.

Two images accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/6a1f6ab6-07f7-4fae-9722-a2917908dca9

https://www.globenewswire.com/NewsRoom/AttachmentNg/19a75e8d-3890-4214-9b11-f0e1e8a677de

About the Cheechoo Property
The Cheechoo gold property, wholly-owned by Sirios, is located in Eeyou Istchee James Bay, Quebec, less than 9 km from Newmont’s Eleonore gold mine. The latest resource estimate for the Cheechoo project (October 2020) estimated an inferred resource of 2.0 million ounces of gold contained in 93.0 million tonnes of rock at an average grade of 0.65 g/t Au, with significant potential to increase this resource.¹

About Sirios
A pioneer in the discovery of significant gold deposits in Eeyou Istchee James Bay, Quebec, Canada, Sirios Resources Inc. is focusing primarily on its Cheechoo gold discovery, while actively exploring for the gold potential of its other properties.

Forward-Looking Statements:
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Company’s public documents filed on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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

Contact :
Dominique Doucet, President, CEO, Eng.
Tel. : (514) 918-2867
ddoucet@sirios.com
website : www.sirios.com

¹ BBA, Mineral Resource Estimate Update for The Cheechoo Project, 31/10/2020

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

REGINA, SK / ACCESSWIRE / July 7, 2021 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) As per previous press releases, ROK has completed a series of acquisitions including the acquisition of producing assets in the Glen Ewen area effective June 2020 and the Florence area effective April 2021. Total consideration for the acquisitions was $4,835,000. As of May 2021, these assets are producing an estimated 240 Boepd. The recent $6.2 million equity and secured note financing has financed these recent acquisitions and is expected to fund the drilling of two farmin wells to earn 35% of the Carievale prospect.

The Company is now pleased to announce their upcoming development program. The Company intends to drill 6 gross (4.53 net) development locations and perforate an untested zone in an existing wellbore. All seven operations will test a separate prospect directly offsetting existing production and have potential for additional development drilling offsetting these initial tests. Independent third party reserve evaluators have attributed an initial production rate of 175 Boepd for the Glen Ewen 10-9-2-34W1 location, which is typical of Frobisher performance throughout the Glen Ewen and Florence area.

The first Carievale farm-in well and the perforation of the existing well are both scheduled for late July. Additional locations in the program are expected to be drilled over the balance of 2021.

Of the 6 wells planned, only 3 locations have attributed reserves within the Company's year-end 2020 reserve report. Each successful well is expected to prove up additional development drilling locations and be accretive to production, cash flow and future reserves bookings.

Cam Taylor, CEO & Chairman, stated, "With oil prices showing significant strength, we are very pleased to begin drilling these high impact development locations. Success on any one of these seven prospects has the ability to significantly impact the Company. The recent acquisitions have provided the Company with a strong platform of reserves and infrastructure. Now we can begin to focus on rapidly growing production and cash flow with this set of low risk drilling locations."

About ROK

ROK is engaged in exploring for petroleum and natural gas development activities in Saskatchewan. Its head office is located in Regina, Saskatchewan, Canada and ROK's common shares are traded on the TSX Venture Exchange under the trading symbol "ROK".

For further information, please contact:

Cameron Taylor, Chairman and CEO
Lynn Chapman, CFO
Phone: (306) 522-0011
Email: info@rokresources.ca

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the Company's objectives, goals or future plans with respect to pursuing the drilling opportunities identified herein and the intended use of the proceeds from the financings described herein. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; delay or failure to receive board, shareholder or regulatory approvals; those additional risks set out in ROK's public documents filed on SEDAR at www.sedar.com; and other matters discussed in this news release. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Statements relating to "reserves" are also deemed to be forward looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves described exist in the quantities predicted or estimated and that the reserves can be profitably produced in the future. Any estimate of reserves and future net revenue referenced herein for individual properties may not reflect the same confidence level as estimates of reserves and future net revenue for all properties, due to the effects of aggregation.

Oil and Gas Disclosures

Management uses oil and gas metrics for its own performance measurements and to provide shareholders with measures to compare the Company's operations over time. Readers are cautioned that the information provided by these metrics, or that can be derived from the metrics presented in this press release, should not be relied upon for investment or other purposes. The term "boe" or barrels of oil equivalent may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf:1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Additionally, given that the value ratio based on the current price of crude oil, as compared to natural gas, is significantly different from the energy equivalency of 6:1; utilizing a conversion ratio of 6:1 may be misleading as an indication of value.

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

SOURCE: ROK Resources Inc.

View source version on accesswire.com:
https://www.accesswire.com/654480/ROK-Resources-Announces-Upcoming-Development-Drilling-Program

Even if it's not a huge purchase, we think it was good to see that Kyle Haynes, a RBR Group Limited (ASX:RBR) insider, recently shelled out AU$106k to buy stock, at AU$0.005 per share. Even though that isn't a massive buy, it did increase their holding by 53%, which is arguably a good sign.

Check out our latest analysis for RBR Group

RBR Group Insider Transactions Over The Last Year

In fact, the recent purchase by Kyle Haynes was the biggest purchase of RBR Group shares made by an insider individual in the last twelve months, according to our records. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of AU$0.006. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

RBR Group insiders may have bought shares in the last year, but they didn't sell any. They paid about AU$0.0056 on average. It's great to see insiders putting their own cash into the company's stock, albeit at below the recent share price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership of RBR Group

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. RBR Group insiders own about AU$3.1m worth of shares (which is 40% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About RBR Group Insiders?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about RBR Group. That's what I like to see! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. When we did our research, we found 7 warning signs for RBR Group (5 are a bit concerning!) that we believe deserve your full attention.

If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

This article by Simply Wall St is general in nature. 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.

Proceeds to Support Deeper Drilling on Two Promising Targets Along the 10-KM Tarabala Gold Trend Through Rainy Season

Not for distribution to United States newswire services or for dissemination in the United States

TORONTO, July 07, 2021 (GLOBE NEWSWIRE) — Compass Gold Corp. (TSX-V: CVB) (“Compass” or the “Company”) announced today that it intends to issue, on a non-brokered private placement basis, up to 15,000,000 common shares of the Company, at a price of $0.20 per share, for aggregate gross proceeds of up to $3.0 million (the “Offering”).

The proceeds of the Offering will be used to further advance the Company’s ongoing exploration efforts at its Sikasso Property in southern Mali (see Compass news releases dated March 1^st, March 16^th May 18^th and July 6, 2021), as well as for general corporate purposes.

Larry Phillips, Compass President and CEO, said, “We are excited to follow up on our discovery of not one but two promising large, shallow gold targets along the Tarabala Trend. Both targets, Massala West and Tarabala, have returned compelling grades and widths that merit deeper drilling. Our team in Mali has made preparations for a new, aggressive exploration program running through the rainy season, including a planned 10,000m of air-core, reverse circulation and diamond core drilling aimed to confirm whether the mineralization at these targets has sufficient size and grade continuity to warrant resource definition drilling.”

Certain insiders of the Company may participate in the Offering. Further, subject to compliance with the policies of the TSX Venture Exchange and applicable securities legislation, the Company may pay a finder’s fee to certain registered dealers in connection with the Offering comprised of: (i) a cash fee equal to 6.0% of the gross proceeds received from the sale of common shares sold to purchasers introduced to the Company by the finder, and (ii) warrants exercisable for a period of two years following the closing of the Offering to acquire that number of common shares of the Company, at a purchase price of $0.20 per share, equal to 6% of the number of common shares sold to purchasers introduced to the Company by the finder.

All the shares issuable pursuant to the Offering will be subject to a hold period expiring four months and one day after the date of issuance.

The securities offered pursuant to the Offering have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This release does not constitute an offer for sale of securities in the United States.

It is anticipated that the closing of the Offering will occur on or prior to July 31. Closing of this Offering is subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

Participation by insiders in the Offering will be exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) by virtue of the exemptions contained in Sections 5.5(a) and (b), and 5.7(1)(a), respectively, of MI 61-101.

About Compass Gold Corp.

Compass, a public company having been incorporated into Ontario, is a Tier 2 issuer on the TSX- V. Through the 2017 acquisition of MGE and Malian subsidiaries, Compass holds gold exploration permits located in Mali that comprise the Sikasso Property. The exploration permits are located in three sites in southern Mali with a combined land holding of 867 sq. km. The Sikasso Property is located in the same region as several multi-million-ounce gold projects, including Morila, Syama, Kalana and Komana. The Company’s Mali-based technical team, led in the field by Dr. Madani Diallo and under the supervision of Dr. Sandy Archibald, P.Geo, is conducting the current exploration program. They are examining numerous anomalies first noted in Dr. Archibald’s August 2017 “National Instrument 43-101 Technical Report on the Sikasso Property, Southern Mali.”

Forward‐Looking Information
This news release contains "forward‐looking information" within the meaning of applicable securities laws, including statements regarding the completion of the Offering and the Company’s proposed use of proceeds and planned exploration work. Readers are cautioned not to place undue reliance on forward‐looking information. Actual results and developments may differ materially from those contemplated by such information. The statements in this news release are made as of the date hereof. The Company undertakes no obligation to update forward‐looking information except as required by applicable law.

For further information please contact:

Website: www.compassgoldcorp.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.

TORONTO, July 7, 2021 /CNW/ – Laurion Mineral Exploration Inc. (TSXV: LME) (OTCPINK: LMEFF) ("LAURION" or the "Corporation") is pleased to announce the voting results of the Annual and Special Meeting of Shareholders of the Corporation that was held on July 6, 2021 (the "Meeting").

Election of Directors

Each of the nominees for election as directors listed in the Corporation's management information circular dated May 27, 2021 (the "Circular") were elected as directors of the Corporation for the ensuing year or until their successors are elected or appointed.

Other Items of Business Considered at the Meeting

Each of the following resolutions voted on at the Meeting were also passed:

• The reappointment of RSM LLP as auditors of the Corporation for the ensuing year and the authorization of the directors of the Corporation to fix their remuneration and the terms of their engagement.

• The approval and ratification of the renewal of the Corporation's rolling stock option plan.

For further details regarding the matters considered at the Meeting, please refer to the Circular, which can be found under the Corporation's profile on SEDAR at www.sedar.com.

About LAURION

The Corporation is a junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has 228,052,731 outstanding shares of which approximately 79% are owned and controlled by Insiders who are eligible investors under the "Friends and Family" categories.

LAURION's emphasis is on the development of its flagship project, the 100% owned mid-stage 47 km² Ishkoday Project, and its gold-silver and gold-rich polymetallic mineralization with a significant upside potential. The mineralization on Ishkoday is open at depth beyond the current core-drilling limit of -200 m from surface, based on the historical mining to a -685 m depth, in the past producing Sturgeon River Mine. The recently acquired Brenbar Property, which is contiguous with the Ishkoday Property, hosts the historic Brenbar Mine and LAURION believes the mineralization to be a direct extension of mineralization from the Ishkoday Property.

Caution Regarding Forward-Looking Information

This press release contains forward-looking statements, which reflect the Corporation's current expectations regarding future events, including with respect to LAURION's business, operations and condition, and management's objectives, strategies, beliefs and intentions. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Corporation's publicly filed documents. Investors should consult the Corporation's ongoing quarterly and annual filings, as well as any other additional documentation comprising the Corporation's public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Corporation disclaims any obligation to update these forward-looking statements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

SOURCE Laurion Mineral Exploration Inc.

View original content: http://www.newswire.ca/en/releases/archive/July2021/07/c2663.html

Vancouver, British Columbia–(Newsfile Corp. – July 7, 2021) – Great Atlantic Resources (TSXV: GR) (FSE: PH02) has started its 2021 diamond drill program at its Golden Promise Gold property in Central Newfoundland. The 100% owned Golden Promise Property is one of the company's eight properties, which cover an area of 25,700 hectares, located within the central Newfoundland gold belt.

For more information, please view the InvestmentPitch Media "video" which provides additional information about this news and the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Great Atlantic" in the search box.

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http://www.investmentpitch.com/video/1_1ldrogan/Great-Atlantic-starts-its-2021-diamond-drill-program-at-Golden-Promise-Gold-property-in-Central-Newfoundland

This is a resumption of Phase 2 diamond drilling at the gold bearing Jaclyn Zone, located within the northern region of the Golden Promise Property, which hosts five gold bearing quartz veins systems, being the Jaclyn Main, Jaclyn North, Jaclyn South, Jaclyn East and Jaclyn West Zones. The current Phase 2 drilling will include up to 33 drill holes, totalling approximately 5,000 metres, at the gold bearing Jaclyn Zone with holes planned at the Jaclyn Main Zone and Jaclyn North Zone.

Drilling is currently underway, with drill hole GP21-149 being an in-fill hole in the west region of the Jaclyn Main Zone. The objective of this hole and subsequent holes is to further define the zone and provide information for an updated resource estimate. Most of these holes are planned within the central to west region of the zone, testing above 200 metres vertical depth, with two holes planned in the east part of the Jaclyn Main Zone to test the zone at 200 to 350 metres vertical depth.

Great Atlantic confirmed high-grade gold at the Jaclyn Main Zone during 2019 drilling, including near surface intercepts of 113.07 grams per tonne gold over 0.55 metres and 61.35 grams per tonne gold over 2.04 metres, and 15.8 grams per tonne gold over 2.70 metres, plus an interval of multiple gold bearing veins in one drill hole averaging 2.30 grams per tonne gold over 25.25 metres. The planned drilling at the Jaclyn North Zone will further test the area east of historic drill holes including the area of an approximate 300-metre long zone of gold-bearing quartz vein boulders. Three drill holes completed by the company during 2020 in this area intersected gold bearing quartz veins and extended the Jaclyn North quartz vein system approximately 260 metres east of historic drilling.

The company collected gold bearing quartz boulder samples in this area during 2017, including samples returning 163, 208 and 332 grams per tonne and again in 2020 including samples returning 17.4, 26.7 and 157.6 grams per tonne gold. The company reported a NI 43-101 compliant inferred resource estimate during late 2018 for the Jaclyn Main Zone of 357,500 tonnes at 10.4 grams per tonne gold for 119,000 ounces uncapped. Because part of the vein is near surface, the resource estimate was constrained by a conceptual open pit to demonstrate reasonable prospects of eventual economic extraction. Generic mining costs of US$2.50 per tonne and processing costs of US$25.00 per tonne were used together with a gold price of US$1,300 per ounce. All resources were classified as inferred because of the relatively wide spacing of drill holes through most of the zone.

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, a volcano-sedimentary terrane. Recent significant gold discoveries within the Exploits Subzone include those of Marathon Gold Corp. at the Valentine Gold Project, Sokoman Minerals Corp. at the Moosehead Gold Project and New Found Gold Corp. at the Queensway Project. Viewers are warned that mineralization at the Valentine Gold Project, the Moosehead Gold Project, the Queensway Project, and elsewhere within the Exploits Subzone is not necessarily indicative of mineralization on the company's Golden Promise Property.

Great Atlantic, with a number of properties in the Atlantic provinces, is utilizing a Project Generation model, with a special focus on critical elements which are prominent in Atlantic Canada, such as Antimony, Tungsten and Gold.

For more information, please visit the company's website www.GreatAtlanticResources.com, contact Christopher R. Anderson, President & CEO, at 604-488-3900 or email office@GreatAtlanticResources.com. For Investor Relations contact Andrew Job at 416-628-1560 or IR@GreatAtlanticResources.com.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89649

PHILADELPHIA, July 7, 2021 /PRNewswire/ —

FMC Corporation (NYSE: FMC), an agricultural sciences company, announced the Delhi High Court today granted the company an interim injunction against NATCO Pharma Limited ("Natco"). The interim injunction restrains Natco from manufacturing, using, distributing, advertising, exporting, offering to sell and/or selling any product which contains chlorantraniliprole, FMC's leading insect control active ingredient.

FMC filed the lawsuit against Natco at the Delhi High Court in October 2019 for potential patent infringement of certain Indian patents covering chlorantraniliprole. FMC sells chlorantraniliprole in India under the trade name Rynaxapyr^® active, which is the primary ingredient in Coragen^® and Ferterra^® insecticides.

Coragen^® and Ferterra^® insecticides are approved for controlling pests on rice, sugarcane, vegetables, maize as well as other important crops. These insecticides and their patented active ingredients are well known by farmers and recognized for their favorable safety and environmental profile, which has earned them a green label from India's regulatory body.

"FMC Corporation invests heavily in research and development to bring new innovations to farmers throughout India and around the world. We are deeply committed to ensuring farmers use genuine crop protection products from legitimate sources," said Michael Reilly, executive vice president, general counsel and secretary of FMC. "We will pursue all appropriate measures as permitted under Indian laws to aggressively defend FMC's intellectual property and safeguard farmers' interests."

For more than three decades, FMC has provided India proprietary insect, disease and weed control technologies to ensure that India's farmers have access to world-class product technologies, in support of the country's aspiration to be the world's leading agricultural producer. The company employs more than 600 people in India and operates six facilities throughout the country including an Innovation Center in Hyderabad.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically without compromising safety or the environment. With approximately 6,400 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn^® and Twitter^®.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fmc-corporation-granted-interim-injunction-against-agricultural-chemicals-manufacturer-natco-for-patent-infringement-301326819.html

SOURCE FMC Corporation

(Bloomberg) — Farmers may have to get used to high fertilizer prices as global stockpiles remain flat despite a sharp rally, according to one of the worlds largest suppliers.

Prices of crop nutrients such as phosphate and potash have surged since late last year amid tight supplies, strong demand and geopolitical uncertainties in key producing nations.

The extent of that recovery has exceeded expectations, said Mosaic Co. Senior Vice President Corrine Ricard. Prices probably will stay at elevated levels for longer than previously thought “because we don’t see inventories building up anywhere,” she said in an interview. Even in Brazil, where high crop prices and a weak currency have sent farm profits to record highs, pricey fertilizers may erode the coming season’s windfall.

“Farmers will start to see the affordability changing,” said Ricard, who heads Mosaic Fertilizantes, which operates in Brazil and Paraguay. “It will still be quite favorable for growers, although below 2020.”

Brazil, a major exporter of everything from soybeans to corn and coffee, accounts for a third of Mosaic’s sales. The company expects industry-wide demand in Brazil to total 43 million metric tons this year, up from 40.5 million in 2020. Soy and corn farmers have already locked in an estimated 85% of their nutrient needs.

“Brazil is the growth engine for the company,” she said. “The pace of demand in Brazil has been higher than expected — it has been phenomenal.”

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TAMPA, FL / ACCESSWIRE / July 7, 2021 / The Mosaic Company (NYSE:MOS) plans to release 2021 second quarter earnings results on Monday, August 2, 2021, after the market close of the New York Stock Exchange. The company will issue a news wire alert when the earnings materials are publicly available on the company's website.

The company's disclosure process will be consistent with the prior quarter and conducted as follows:

• Earnings materials posted to the website after close on August 2 will include earnings commentary, performance data and the full earnings release at https://investors.mosaicco.com/financials/quarterly-results .

• Market update slides will be posted to https://investors.mosaicco.com/market-education .

• The company will accept emailed questions until 7:30 p.m. Eastern, August 2, following the release. Questions to be addressed by the leadership team can be submitted to investor@mosaicco.com .

• On Tuesday, August 3, beginning at 11:00 a.m. Eastern Time, the company will provide brief prepared remarks and address the questions submitted via email. For the remainder of the hour, phone lines will be opened to allow for additional questions. A webcast of the conference call can be accessed by visiting Mosaic's website. An audio replay of the call will be available on the website for up to one year from the time of the earnings call.

• The conference call details are as follows:

Dial-In #: 678.825.8336
Conference ID: 5744899

Replay:
Dial In #: 404.537.3406
Conference ID: 57448899

About The Mosaic Company

The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphates and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com .

Contacts:

The Mosaic Company
Media:
Ben Pratt, 813-775-4206
benjamin.pratt@mosaicco.com
or
Investors:
Laura Gagnon, 813-775-4214
Paul Massoud, 813-244-0669
investor@mosaicco.com

SOURCE: The Mosaic Company

View source version on accesswire.com:
https://www.accesswire.com/654599/Mosaic-Announces-2021-Second-Quarter-Earnings-Release

In this article, we will be looking at the 10 best silver mining stocks to invest in. If you want to skip our detailed analysis of the precious metals industry, you can go directly to the 5 Best Silver Mining Stocks to Invest In.

As inflation fears are beginning to grow, more attention is being focused on the precious metals industry, particularly on gold and silver as viable hedges against inflation. Silver itself can be considered to be doing even better than gold, considering the metal's dual use as both a precious and industrial metal. A Bloomberg report has explained how silver may be set to outperform gold during these financially turbulent times, as the metal is also a core material in solar panels and plays a large role in the energy industry as well. Analysts and major stakeholders like Philip Klapwijk, the managing director of Precious Metals Insights Ltd., has commented that in light of silver's role in industrial sectors like the solar, 5G and automotive sectors, demand for the metal seems set to rise steadily over the coming years, especially in light of more robust investment in the metal leading to the creation of more silver storage spaces as well.

The Silver Institute has stated that physical investments in silver are expected to reach 257 million ounces this year, which would mark the highest value in six years of investing in the metal. Citigroup has also forecasted the metal to be traded at a higher value of $28 to $30 an ounce in the latter half of 2021, while Morgan Stanley stated that the value would average $25 an ounce, a 22% increase from 2020. Additionally, to make the case for silver beating gold this time around, analyst Rohit Savant from CPM Group has commented that silver's demand in the energy industry would boost its price even higher, resulting in the metal beating gold because of a combination of factors including cheaper valuation and strong investment demand.

The retail-investor frenzy led by the online investors of Reddit's WallStreetBets forum, infamous for their short squeeze of GameStop Corp. (NYSE: GME), has also racked up silver demand. This January, the metal reached an eight-year high, with a rise in most-active futures by 13% to $30.35 an ounce and a purchasing spree of silver coins and bars, according to Bloomberg. BlackRock Inc. managed iShares Silver Trust (NYSE: SLV) declared a net inflow of $944 million during this time period, with CME Group raising futures margins by 18%. Conflicting opinions on Reddit and elsewhere have also made it clear that a short squeeze of a deeper market like the silver trade may not be as easy as it was for GameStop Corp. (NYSE: GME), as also commented by Howie Lee, an Oversea-Chinese Banking Corp. economist.

Regardless, rising inflation, higher demand because in a range of industrial sectors, and a retail-investor driven buying binge has resulted in silver being considered not only a good hedge against inflation, or a typical precious metal, but an overall smart investment choice for anyone in any position. As such, stocks like First Majestic Silver Corp. (NYSE: AG), Wheaton Precious Metals Corp. (NYSE: WPM), Hecla Mining Company (NYSE: HL), and iShares Silver Trust (NYSE: SLV) are becoming increasingly attractive investment options. We have thus compiled a list of the best silver mining stocks to invest in.

Photo by Ricardo Gomez Angel on Unsplash

Investing is becoming difficult by the day, even for the smart money. 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 February 26th 2021 our monthly newsletter’s stock picks returned 197.2%, vs. 72.4% for the SPY. Our stock picks outperformed the market by more than 124 percentage points (see the details here). We were also able to identify in advance a select group of hedge fund holdings that significantly underperformed the market. We have been tracking and sharing the list of these stocks since February 2017 and they lost 13% through November 16th. 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.

Without further ado, let's look at the 10 best silver mining stocks to invest in. These stocks have been selected based on hedge fund sentiment, fundamentals, analysts' ratings, and growth potential based on core business strengths.

10 Best Silver Mining Stocks to Invest In

10. Silvercorp Metals Inc. (NYSE: SVM)

Number of Hedge Fund Holders: 10

Silvercorp Metals Inc. (NYSE: SVM) is a mining company working to acquire, explore, develop, and mine mineral properties in China and Mexico with a focus on silver, gold, lead, and zinc metals. The company owns the Ying silver-lead-zinc project in the Ying Mining District in Henan Province, China, and ranks 10th on our list of the best silver mining stocks to invest in.

Raymond James has initiated coverage of Silvercorp Metals Inc. (NYSE: SVM) with a Market Perform rating, with analyst Craig Stanley commenting that the company's financial year 2022 production can be expected to be 9.3 million Ag equivalent ounces. This May, Silvercorp Metals Inc. (NYSE: SVM) announced its semi-annual dividend of $0.0125 with a forward yield of 0.39%. In the fiscal fourth quarter of 2021, Silvercorp Metals Inc. (NYSE: SVM) had an EPS of $0.03, missing estimates by -$0.02. The company's revenue was $35.73 million, up 89.47% year over year but missing estimates by -$0.47 million. The company's gross profit margin is 65.48% and the stock has gained 6.53% in the past year. It currently has three Buy ratings and a consensus Overweight rating, according to the Wall Street Journal.

By the end of the first quarter of 2021, 10 hedge funds out of the 866 tracked by Insider Monkey held stakes in Silvercorp Metals Inc. (NYSE: SVM). The total value of their stakes was roughly $30.8 million. This is compared to 12 hedge fund holders in the previous quarter with a total stake value of about $51.3 million. Like First Majestic Silver Corp. (NYSE: AG), Wheaton Precious Metals Corp. (NYSE: WPM), Hecla Mining Company (NYSE: HL), and iShares Silver Trust (NYSE: SLV), Silvercorp Metals Inc. (NYSE: SVM) is a good silver mining stock to invest in.

9. Endeavour Silver Corp. (NYSE: EXK)

Number of Hedge Fund Holders: 10

Endeavour Silver Corp. (NYSE: EXK) is a precious metals mining company working to acquire, explore, develop, extract, process, and refine mining properties in Mexico and Chile. The company explores gold and silver deposits among other precious metals and ranks 9th on our list of the best silver mining stocks to invest in.

This April, Endeavour Silver Corp. (NYSE: EXK) gained in light of robust growth in its first-quarter production: gold production was up 31% year over year to 11,109 ounces, while silver production was up 22% year over year to 1.05 million ounces. In the first quarter of 2021, Endeavour Silver Corp. (NYSE: EXK) had an EPS of -$0.03, missing estimates by -$0.06. The company's revenue was $34.43 million, up 56.17% year over year but missing estimates by -$4.35 million. The company's gross profit margin is 43.92% and Endeavour Silver Corp. (NYSE: EXK) has gained 7.37% in the past 6 months and 8.7% year to date as well.

By the end of the first quarter of 2021, 10 hedge funds out of the 866 tracked by Insider Monkey held stakes in Endeavour Silver Corp. (NYSE: EXK). The total value of their stakes was roughly $9.02 million. This is compared to 10 hedge fund holders in the previous quarter with a total stake value of about $19.5 million. Like First Majestic Silver Corp. (NYSE: AG), Wheaton Precious Metals Corp. (NYSE: WPM), Hecla Mining Company (NYSE: HL), and iShares Silver Trust (NYSE: SLV), Endeavour Silver Corp. (NYSE: EXK) is a good silver mining stock to invest in.

8. Fortuna Silver Mines Inc. (NYSE: FSM)

Number of Hedge Fund Holders: 12

Fortuna Silver Mines Inc. (NYSE: FSM) is a mining company extracting and processing precious and base metal deposits in Latin America. The company's properties include the Caylloma silver, lead, and zinc mine in southern Peru, the San Jose silver and gold mine in Southern Mexico, and the Lindero gold project in Argentina. It ranks 8th on our list of the best silver mining stocks to invest in.

This July, BMO Capital resumed its coverage of Fortuna Silver Mines Inc. (NYSE: FSM) with an Outperform rating. Analyst Ryan Thompson considers the selloff since the announcement of the acquisition of Roxgold (OTC: ROGFF) is overdone, and that the company is actually a strong and diversified investment option. On June 29th, Fortuna Silver Mines Inc. (NYSE: FSM) shareholders approved the company's acquisition of Roxgold (OTC: ROGFF). The deal was announced earlier this year and was valued at $891 million. In the first quarter of 2021, Fortuna Silver Mines Inc. (NYSE: FSM) had an EPS of $0.14, beating estimates by $0.05. The company's revenue was $117.8 million, up 148% year over year and higher than the previous quarter's $103.5 million revenue. Its gross profit margin is 44.11% and the stock has gained 13.22% in the past year.

By the end of the first quarter of 2021, 12 hedge funds out of the 866 tracked by Insider Monkey held stakes in Fortuna Silver Mines Inc. (NYSE: FSM). The total value of their stakes was roughly $19.8 million. This is compared to 11 hedge fund holders in the previous quarter with a total stake value of about $29.7 million. Like First Majestic Silver Corp. (NYSE: AG), Wheaton Precious Metals Corp. (NYSE: WPM), Hecla Mining Company (NYSE: HL), and iShares Silver Trust (NYSE: SLV), Fortuna Silver Mines Inc. (NYSE: FSM) is a good silver mining stock to invest in.

7. First Majestic Silver Corp. (NYSE: AG)

Number of Hedge Fund Holders: 15

First Majestic Silver Corp. (NYSE: AG) explores and develops mineral properties, mainly silver and gold, in Mexico. The company holds 100% interest in the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine. It ranks 7th on our list of the best silver mining stocks to invest in.

In May, National Bank analyst Don DeMarco upped the stock's price target to C$21 from C$20 and kept a Sector Perform rating.

This May, First Majestic Silver Corp. (NYSE: AG) declared its quarterly dividend of $0.0045 per share, with a forward yield of 0.12%. In the first quarter of 2021, First Majestic Silver Corp. (NYSE: AG) had an EPS of $0.03, missing estimates by $0.03, while its revenue was $100.52 million. The company's gross profit margin is 40.74% and it has gained 9.75% in the past 6 months and 9.9% year to date.

By the end of the first quarter of 2021, 15 hedge funds out of the 866 tracked by Insider Monkey held stakes in First Majestic Silver Corp. (NYSE: AG). The total value of their stakes was roughly $54.7 million. This is compared to 12 hedge fund holders in the previous quarter with a total stake value of about $84.8 million.

6. Hecla Mining Company (NYSE: HL)

Number of Hedge Fund Holders: 16

Hecla Mining Company (NYSE: HL) operates in the US and internationally to discover and develop precious and base metal properties. It offers lead, zinc, and bulk concentrates, alongside unrefined gold and silver bullion bars. The company ranks 6th on our list of the best silver mining stocks to invest in.

This May, Hecla Mining Company (NYSE: HL) announced its quarterly dividend of $0.01125 per share, representing a 28.4% increase from the company's previous dividend of $0.00875. In the first quarter of 2021, Hecla Mining Company (NYSE: HL) had an EPS of $0.06, beating estimates by $0.02. Its revenue was $210.85 million, up 53.99% year over year and beating estimates by $6.37 million. The company has a gross profit margin of 47.78% and Hecla Mining Company (NYSE: HL) has gained 7.18% in the past 6 months and 9.87% year to date. In May, the stock's price target was raised by CIBC analyst Cosmos Chiu to $7.50 from $6.75 with a Neutral rating.

By the end of the first quarter of 2021, 16 hedge funds out of the 866 tracked by Insider Monkey held stakes in Hecla Mining Company (NYSE: HL). The total value of their stakes was roughly $39.7 million. This is compared to 10 hedge fund holders in the previous quarter with a total stake value of about $38.05 million.

Click to continue reading and see the 5 Best Silver Mining Stocks to Invest In.

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Disclosure: None. 10 Best Silver Mining Stocks to Invest In is originally published on Insider Monkey.

VANCOUVER, British Columbia, July 07, 2021–(BUSINESS WIRE)–Capstone Mining Corp. ("Capstone" or the "Company") (TSX:CS) will release its 2021 second quarter ("Q2 2021") results on Tuesday, July 27, 2021 after market close. Management will discuss the results during an investor conference call on Wednesday, July 28, 2021 at 11:30 am Eastern Time / 8:30 am Pacific Time.

Q2 2021 RESULTS CONFERENCE CALL AND WEBCAST DETAILS

Link to the webcast and audio:
https://produceredition.webcasts.com/starthere.jsp?ei=1473032&tp_key=6c0969ad6e

Dial-in numbers for the audio-only portion of the conference call are below. Due to an increase in call volume, please dial-in at least five minutes prior to 11:30 am ET to ensure placement into the conference line on time.

Toronto: (+1) 416-764-8650
Vancouver: (+1) 778-383-7413
North America toll free: 888-664-6383
Confirmation number: 21773965

A replay of the conference call will be available until August 4, 2021. Dial-in numbers for Toronto: (+1) 416-764-8677 and North American toll free: 888-390-0541. The replay code is 773965#. Following the replay, an audio file will be available on Capstone’s website at: https://capstonemining.com/investors/events-and-presentations/default.aspx.

ABOUT CAPSTONE MINING CORP.

Capstone Mining Corp. is a Canadian base metals mining company, focused on copper. We are committed to the responsible development of our assets and the environments in which we operate. Our two producing mines are the Pinto Valley copper mine located in Arizona, US and the Cozamin copper-silver mine in Zacatecas State, Mexico. In addition, Capstone owns 100% of Santo Domingo, a large scale, fully permitted, copper-iron-gold project in Region III, Chile, as well as a portfolio of exploration properties. Capstone's strategy is to focus on the optimization of operations and assets in politically stable, mining-friendly regions, centred in the Americas. Our headquarters are in Vancouver, Canada and we are listed on the Toronto Stock Exchange (TSX). Further information is available at www.capstonemining.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210707005793/en/

Contacts

For further information please contact:

Jerrold Annett, SVP, Strategy and Capital Markets
647-273-7351
jannett@capstonemining.com

Kettina Cordero, Director Investor Relations & Communications
604-262-9794
kcordero@capstonemining.com

ST. LOUIS, July 7, 2021 /PRNewswire/ — Peabody (NYSE: BTU) today announced its offer to purchase (the "Offer") for cash up to $13.281 million (the "Available Repurchase Amount") in aggregate accreted value of its 8.500% Senior Secured Notes due 2024 (the "2024 Notes") at a purchase price equal to 73.840% of the accreted value of the 2024 Notes to be repurchased, plus accrued and unpaid interest as set forth in the Indenture (as defined below), to, but excluding, the settlement date, on the terms and subject to the conditions set forth in the Offer to Purchase, dated July 7, 2021 (the "Offer to Purchase"). The Offer is being made to satisfy the requirements of the Indenture.

The Offer will expire at 5:00 p.m., New York City time, on August 6, 2021, unless extended or earlier terminated by Peabody (the "Expiration Time"). Subject to the Available Repurchase Amount, for each $1,000 accreted value of 2024 Notes validly tendered (and not validly withdrawn) prior to the Expiration Time and accepted by Peabody, holders of 2024 Notes will receive $738.40 in cash (the "Offer Price"), plus accrued and unpaid interest as set forth in the Indenture, to, but excluding, the settlement date. Tendered 2024 Notes may be validly withdrawn at any time prior to the Expiration Time, unless extended or earlier terminated by Peabody. The settlement date is currently expected to be the second business day following the Expiration Time. Concurrently, Peabody is making a debt repurchase offer (the "Concurrent LC Agreement Offer") under the Credit Agreement, dated as of January 29, 2021, among Peabody, the lenders party thereto from time to time and JPMorgan Chase Bank, N.A., as Administrative Agent (the "LC Agreement").

If the aggregate accreted value of the 2024 Notes tendered in the Offer and the aggregate principal and commitment amounts of Priority Lien Debt (as defined in the LC Agreement) under the LC Agreement tendered in the Concurrent LC Agreement Offer collectively exceed the Available Repurchase Amount of $13.281 million, Peabody will select the Notes, subject to the applicable procedures of the Depository Trust Company, to be purchased on a pro rata basis with such adjustments as needed so that no 2024 Notes in an unauthorized denomination are purchased in part based on the aggregate accreted value of the 2024 Notes tendered.

For example, if $15 million aggregate accreted value of Notes are tendered in the Offer and $10 million in aggregate principal and commitment amounts of Priority Lien Debt incurred under the LC Agreement are tendered in the Concurrent LC Agreement Offer, Peabody would purchase $7,968,600 aggregate accreted value of Notes in the Offer, with such Notes to be purchased on a pro rata basis in accordance with the procedures set forth in the preceding paragraph. Under this example, Peabody also would purchase $5,312,400 of Priority Lien Debt under the LC Agreement pursuant to the Concurrent LC Agreement Offer.

The 2024 Notes are governed by an indenture, dated as of January 29, 2021, by and among Peabody, the guarantors party thereto (the "Guarantors") and Wilmington Trust, National Association, as trustee (the "Trustee") (as amended and restated by the First Supplemental Indenture, dated as of February 3, 2021, among Peabody, the Guarantors and the Trustee, and as further amended, supplemented, restated or otherwise modified to the date hereof, the "Indenture"). Under the terms of the Indenture, within 30 days of June 30, 2021, the end of Peabody's second fiscal quarter (such fiscal quarter, the "Debt Repurchase Quarterly Period"), Peabody is obligated to offer to purchase for cash an aggregate accreted value of up to the Available Repurchase Amount of its outstanding 2024 Notes at the price described above. The Offer is intended to satisfy this requirement.

The Available Repurchase Amount for the Offer is equal to 25% of $53.127 million, which is the total aggregate principal and commitment amounts of Priority Lien Debt (as defined in the Indenture) repurchased by Peabody pursuant to open-market repurchases during the Debt Repurchase Quarterly Period. In addition, the Offer Price of $738.40 represents the price per $1,000 accreted value of Notes that is the weighted-average repurchase price for all Priority Lien Debt repurchased by Peabody during the Debt Repurchase Quarterly Period.

None of Peabody, its board of directors (or any committee thereof), Wilmington Trust, National Association, the depositary for the Offer, or the Trustee or their respective affiliates is making any recommendation as to whether or not holders should tender all or any portion of their 2024 Notes in the Offer.

This announcement is not an offer to purchase or sell, or a solicitation of an offer to purchase or sell any securities. The Offer is being made solely by the Offer to Purchase. The Offer is not being made to holders of 2024 Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.

Peabody (NYSE: BTU) is a leading coal producer, providing essential products to fuel baseload electricity for emerging and developed countries and create the steel needed to build foundational infrastructure. Our commitment to sustainability underpins our activities today and helps to shape our strategy for the future. For further information, visit PeabodyEnergy.com.

Contact:
Alice Tharenos
314.342.7890

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts," "targets," "would," "will," "should," "goal," "could" or "may" or other similar expressions. Forward-looking statements provide management's current expectations or predictions of future conditions, events or results. All statements that address operating performance, events, or developments that Peabody expects will occur in the future are forward-looking statements. They may also include estimates of sales targets, cost savings, capital expenditures, other expense items, actions relating to strategic initiatives, demand for the company's products, liquidity, capital structure, market share, industry volume, other financial items, descriptions of management's plans or objectives for future operations and descriptions of assumptions underlying any of the above. All forward-looking statements speak only as of the date they are made and reflect Peabody's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance or events. Furthermore, Peabody disclaims any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive and regulatory factors, many of which are beyond Peabody's control, including the ongoing impact of the COVID-19 pandemic and factors that are described in Peabody's Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2020 and Peabody's Quarterly Report on Form 10-Q for the three months ended March 31, 2021, and other factors that Peabody may describe from time to time in other filings with the SEC. You may get such filings for free at Peabody's website at www.peabodyenergy.com. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.

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SOURCE Peabody

57.35 m grading 1.00 g/t 2PGE+Au at Trapia 1 target

VANCOUVER, British Columbia, July 07, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced additional Platinum Group Element (“PGE”, “2PGE+Au”) assay results from the ongoing 8,000-metre (“m”) drill program at ValOre’s 100%-owned Pedra Branca PGE Project (“Pedra Branca”) in northeastern Brazil.

“ValOre’s core drilling at Trapia 1 in 2020 and 2021 has been a great success, with 90% of holes drilled (18 of 20) returning consistent PGE grade and continuity of mineralization outside of the previously defined area hosting the 2019 NI 43-101 inferred resource,” stated ValOre’s VP of Exploration, Colin Smith. “Given the compelling assay results received to date, we will return both core rigs to Trapia 1 following the completion of six holes at Trapia 2, for additional resource expansion drilling.”

PGE assay highlights for the additional core holes drilled at the Trapia 1 target:

• Drill hole DD21TU25*

  • 57.35 m grading 1.00 grams per tonne palladium + platinum + gold (“g/t 2PGE+Au”) from 238.15 m

incl. 19.53 m grading 2.18 g/t 2PGE+Au from 270.00 m

and 12.50 m grading 0.69 g/t 2PGE+Au, 0.21% Cu, 0.40% Ni from 283.00 m;

• Drill hole DD21TU27*

  • 23.30 m grading 1.01 g/t 2PGE+Au from 185.00 m;

• Drill hole DD21TU26*

  • 15.38 m grading 0.61 g/t 2PGE+Au from 140.62 m;

• Both rigs will return to Trapia 1 for priority follow-up drilling following the completion of six planned core holes at the Trapia 2 target, ~2 kilometres (“km”) northwest of Trapia 1, where the target ultramafic (“UM”) intrusion has been intercepted in 4 of 5 core drill holes to date, with the final hole in progress;

• Upon completion of Trapia 1 drilling both core rigs will move to the Santo Amaro target (~35 km to the northeast), commencing a planned 2000 m of drilling in twelve holes.

*Reported assay interval lengths are core lengths and estimated to be 90-100% true width

Additional 2021 Trapia 1 Drilling Results

ValOre has received assay results for four additional core holes drilled during the first phase of 2021 drilling at Trapia 1. A total of 1,885 m in eight core holes were drilled, with the target host UM intercepted in six of the eight holes. Assays for the first three holes were released on June 30, 2020 (CLICK HERE), and included 71.90 m grading 1.29 g/t 2PGE+Au, and 59.20 m grading 1.09 g/t 2PGE+Au in holes DD21TU21 and DD21TU22, respectively.

The PGE mineralized UM sequence was intercepted in three of the four holes reported herein, and mineralization remains open at depth and along strike. Ultramafic lithologies are dominated by alternating chromitite-bearing peridotites, dunites, with local serpentinites and schists, with decimetre to metre-scale chromitite reef horizons which are typical of high-grade PGEs (>10 g/t 2PGE+Au).

CLICK HERE for more information regarding the 2021 exploration program at Pedra Branca, CLICK HERE for a regional map of 2021 drill targets (Figure 1), CLICK HERE for a plan map of Trapia 1 drilling (Figure 2), and see Table 1 below for a summary of significant core assay results reported herein.

Drill hole DD21TU25

Core drill hole DD21TU25 stepped out 100 m southeast from 2020 drill hole DD20TU13, which graded 61.85 m at 0.81 g/t 2PGE+Au from 217.15, including 2.45 m at 9.42 g/t 2PGE+Au from 221.20 m. The main UM sequence was intercepted from 238.30 to 297.65 m (59.53 m in thickness). Chromitite-bearing peridotites, dunites and local serpentinites dominated the target UM package, with localized decimetric chromitite reefs. The basal portion of the intrusion hosted localized rich sulphide mineralization, including pyrrhotite, chalcopyrite, and pyrite.

This hole returned an assay highlight of 57.35 m grading 1.00 g/t 2PGE+Au from 238.15 m, including 12.00 m grading 3.07 g/t 2PGE+Au from 270.00 m and 12.50 m grading 0.69 g/t 2PGE+Au, 0.21% Cu, 0.40% Ni from 283.00 m. CLICK HERE for a cross section of DD21TU25 (Figure 3).

Drill hole DD21TU27

Drill hole DD21TU27 was a vertical hole from the same location as DD21TU25, to further test the extension of PGE mineralization at depth and validate an interpreted shallowing of the overall geological package to the east of 2020 drilling. The target UM intrusion was intercepted from 183.50 to 208.30 m hole depth (24.80 m in thickness), dominated by chromitite-bearing peridotites, dunites and local serpentinites dominated the sequence, with localized chromitite-rich intervals. Drill hole DD21TU27 corroborated the interpretation of a shallowing mineralized package to the east, with the upper main UM contact occurring ~27 m up-section from drill hole DD21TU25.

The hole returned an assay highlight of 23.30 m grading 1.01 g/t 2PGE+Au from 185.00 m, including 5.95 m grading 1.79 g/t 2PGE+Au from 193.05 m and 2.00 m grading 2.92 g/t 2PGE+Au from 195.15 m. CLICK HERE for a cross section of DD21TU27 (Figure 3).

Drill hole DD21TU26

Drill hole DD21TU26 stepped out 80 m to the northeast from 2021 drill hole DD20TU21, which graded 71.90 m grading 1.29 g/t 2PGE+Au from 134.95 m, including 1.55 m grading 10.82 g/t 2PGE+Au from 167.75 m. The target UM was intercepted for 21.50 m from 141.50 to 163.00 m depth, characterized by serpentinized pyroxenites, chromitite-bearing peridotites, dunites and local serpentinites.

The hole returned an assay highlight of 15.38 m grading 0.61 g/t 2PGE+Au from 140.62 m (~120 vertical depth). CLICK HERE for a cross section of DD21TU26 (Figure 4).

Drill hole DD21TU28

Drill hole DD21TU28 stepped out 160 m west of 2020 drilling south of the Trapia 1 resource area, to the same location as historical drill hole DD07TU07, which intersected 49.33 m of barren UM rocks from 18.10 m depth. It was interpreted that these non-mineralized UMs represented the up-section (barren) “Marker Unit”, and that the main PGE-bearing host intrusion remained present at depth (CLICK HERE for news release dated December 1, 2020, explaining the Marker Unit UM).

The hole transected 45.92 m of barren Marker Unit UMs (amphibole schists and pyroxenites) from 17.28 m hole depth and entered a typical footwall gneiss at the inferred target depth.

Table 1: Summary of Additional Significant Core Assay Results from 2021 Drilling at Trapia 1

*Reported assay interval lengths are core lengths and estimated to be 90-100% true width

Quality Control/Quality Assurance (“QA/QC”) and Grade Interval Reporting

CLICK HERE for a summary of ValOre’s policies and procedures related to QA/QC and grade interval reporting.

Qualified Person (QP)

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Colin Smith, P.Geo., ValOre’s QP and Vice President of Exploration.

About ValOre Metals Corp.

ValOre Metals Corp. (TSX‐V: VO) is a Canadian company with a portfolio of high‐quality exploration projects. ValOre’s team aims to deploy capital and knowledge on projects which benefit from substantial prior investment by previous owners, existence of high-value mineralization on a large scale, and the possibility of adding tangible value through exploration, process improvement, and innovation.

In May 2019, ValOre announced the acquisition of the Pedra Branca Platinum Group Elements (PGE) property, in Brazil, to bolster its existing Angilak uranium, Genesis/Hatchet uranium and Baffin gold projects in Canada.

The Pedra Branca PGE Project comprises 39 exploration licenses covering a total area of 39,987 hectares (98,810 acres) in northeastern Brazil. At Pedra Branca, 5 distinct PGE+Au deposit areas host, in aggregate, a current Inferred Resource of 1,067,000 ounces 2PGE+Au contained in 27.2 million tonnes grading 1.22 g/t 2PGE+Au (CLICK HERE for ValOre’s July 23, 2019 news release). All the currently known Pedra Branca inferred PGE resources are potentially open pittable.

Comprehensive exploration programs have demonstrated the "District Scale" potential of ValOre’s Angilak Property in Nunavut Territory, Canada that hosts the Lac 50 Trend having a current Inferred Resource of 2,831,000 tonnes grading 0.69% U₃O₈, totaling 43.3 million pounds U₃O₈. For disclosure related to the inferred resource for the Lac 50 Trend uranium deposits, please CLICK HERE for ValOre's news release dated March 1, 2013.

ValOre’s team has forged strong relationships with sophisticated resource sector investors and partner Nunavut Tunngavik Inc. (NTI) on both the Angilak and Baffin Gold Properties. ValOre was the first company to sign a comprehensive agreement to explore for uranium on Inuit Owned Lands in Nunavut Territory and is committed to building shareholder value while adhering to high levels of environmental and safety standards and proactive local community engagement.

On behalf of the Board of Directors,

“Jim Paterson”

James R. Paterson, Chairman and CEO

ValOre Metals Corp.

For further information about, ValOre Metals Corp. or this news release, please visit our website at valoremetals.com or contact Investor Relations at 604.653.9464, or by email at contact@valoremetals.com.

ValOre Metals Corp. is a proud member of Discovery Group. For more information please visit: discoverygroup.ca

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 contains “forward-looking statements” within the meaning of applicable securities laws. Although ValOre believes that the expectations reflected in its forward-looking statements are reasonable, such statements have been based on factors and assumptions concerning future events that may prove to be inaccurate. These factors and assumptions are based upon currently available information to ValOre. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. A number of important factors including those set forth in other public filings could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include the future operations of ValOre and economic factors. Readers are cautioned to not place undue reliance on forward-looking statements. The statements in this press release are made as of the date of this release and, except as required by applicable law, ValOre does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. ValOre undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of ValOre, or its financial or operating results or (as applicable), their securities.

Increased demand for electricity and costlier natural gas have stemmed a decline in the price of coal, which has lost favor amid global efforts to curb carbon emissions.

BOISE, Idaho, July 07, 2021–(BUSINESS WIRE)–Albertsons Companies (NYSE: ACI) announces the removal of additional items containing chicken as part of the recall initiated by Tyson Foods, Inc. The product has the potential to be contaminated with Listeria monocytogenes. On July 4, 2021, Albertsons Companies announced a removal of certain Signature Café Shredded Roasted Chicken that was also supplied by Tyson Foods. Tyson Foods’ recall announcement can be found here.

The affected Tyson product was produced at one plant located in Dexter, Missouri, between December 26, 2020 and April 13, 2021, and distributed to foodservice and retail customers nationwide and in Puerto Rico. The affected Tyson products are being recalled as a precaution, due to possible exposure to Listeria monocytogenes, a harmful bacteria.

Tyson Foods supplied chicken used by Albertsons Companies to produce the items listed in the table above. These products were available for purchase in Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia and Washington D.C. from the Safeway and Acme banners. Customers may have purchased the items in stores, online for Drive Up and Go or via grocery delivery.

Listeria monocytogenes is an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, Listeria infection can cause miscarriages and stillbirths among pregnant women.

To date, there have not been any reports of Listeria-related illness associated with any of the products listed in the table above.

Consumers with questions can call or text Tyson Foods at 1-855-382-3101. Customer service representatives are available Sunday through Friday 8am – 5pm CDT. Customers can also contact Albertsons Companies at 1-877-723-3929.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210707005939/en/

Contacts

Tyson Foods, 1-855-382-3101

Albertsons Companies, 1-877-723-3929

CHICAGO, July 06, 2021–(BUSINESS WIRE)–Coeur Mining, Inc. ("Coeur" or the "Company") (NYSE: CDE) today announced that it will report its second quarter 2021 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, July 28, 2021. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, July 29, 2021.

Hosting the call will be Mitchell J. Krebs, President and Chief Executive Officer of Coeur, who will be joined by Thomas S. Whelan, Senior Vice President and Chief Financial Officer, Michael "Mick" Routledge, Senior Vice President and Chief Operating Officer, and other members of management. A replay of the call will be available through August 5, 2021.

About Coeur
Coeur Mining, Inc. is a U.S.-based, well-diversified, growing precious metals producer with five wholly-owned operations: the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, the Wharf gold mine in South Dakota, and the Silvertip silver-zinc-lead mine in British Columbia. In addition, the Company has interests in several precious metals exploration projects throughout North America.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210706005621/en/

Contacts

Coeur Mining, Inc.
104 S. Michigan Avenue, Suite 900
Chicago, Illinois 60603
Attention: Paul DePartout, Director, Investor Relations
Phone: (312) 489-5800
www.coeur.com

VANCOUVER, British Columbia, July 06, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSK-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) partner company Azincourt Energy (“Azincourt”) is pleased to provide an update on the upcoming summer exploration program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada.

Project Location – Western Athabasca Basin, Saskatchewan, Canada
https://skyharbourltd.com/_resources/maps/SYH-Patterson-Lake.pdf

The primary target area for the 2021 summer program continues to be the conductive corridor from the A-Zone through to the G-Zone (Figures 1 and 2). The selection of this trend is based on a compilation of results from the 2018 through 2020 ground-based EM and gravity surveys, property wide VTEM and magnetic surveys, and the 2019 through 2021 drill programs. The 2020 HLEM survey completed in December indicates multiple prospective conductors and structural complexity along the eastern edge of this corridor.

Figure 1: Target corridors at the East Preston Uranium Project
https://skyharbourltd.com/_resources/maps/nr-20210118-figure1.png

Figure 2: 2021 Drill Target areas at the East Preston Uranium Project
https://www.skyharbourltd.com/_resources/maps/nr-20210209-figure1.png

Terralogic Exploration Inc. has been contracted to facilitate an airborne radiometric survey over the previously unsurveyed southern portion of the property (Figure 3) and conduct field investigations of resulting anomalies. Special Project Inc. (SPI) of Calgary, Alberta has been selected as the contractor using a fixed wing aircraft to complete the airborne radiometric survey, which will consist of approximately 1,700 km of survey lines flown at a low minimum altitude and 50m line spacing to ensure good data collection and a high survey resolution. The airborne survey is expected to commence within the next few weeks, and take approximately one week to complete, with approximately one week of ground follow-up to proceed shortly thereafter.

Figure 3: 2021 Radiometric Survey Coverage at the East Preston Uranium Project
https://www.skyharbourltd.com/_resources/maps/2021RadiometricSurveyCoverage.png

An airborne radiometric survey uses a gamma ray scintillometer mounted on an airborne platform to measure and map the natural radiation emitted by the rocks and soil the aircraft is flying over. Gamma radiation occurs from the natural decay of elements such as uranium, thorium, and potassium. Locations that have a higher radiation signature (anomalies) than the normal values for the surrounding area (background) would then be examined by crews on the ground for the potential presence of radioactive bedrock if there is not much glacial till cover, or boulders in the till that could be traced back to a source. Many uranium deposits in the Athabasca Basin, including the nearby Triple-R deposit, have been found by following trails of radioactive boulders in the glacial till back to their source.

“The additional radiometric survey coverage will help us ensure that we are focusing on the best sections of the conductive trends we have identified,” said Azincourt’s Exploration Manager Trevor Perkins. “We are eager to add these results to our data package to make sure that the highest quality targets are tested first,” continued Mr. Perkins.

Planning is underway for a late summer/early fall diamond drilling program to complete approximately 1,000m of drilling remaining from the shortened winter 2021 program. An extensive 6,000m drill program consisting of 25-30 drill holes is planned for the winter of 2022. Target selection for these programs will be refined based on the summer 2021 field activities.

Permits and funding are in place to complete all the planned work through the winter of 2022, and consultations and information sessions with local communities are continuing throughout.

About East Preston:

Skyharbour and Dixie Gold entered into an Option Agreement (the “Agreement”) with Azincourt whereby Azincourt had an earn-in option to acquire a 70% working interest in a portion of the Preston Uranium Project known as the East Preston Property. Azincourt has now earned their interest in the project by completing CAD $2.5 million in staged exploration expenditures and making a total of CAD $1 million in cash payments as well as issuing a total of 9.5 million common shares of Azincourt divided evenly between Skyharbour and Dixie Gold. Skyharbour retains a 15% interest in the East Preston Project.

Three prospective conductive, low magnetic signature corridors have been discovered on the property. The three distinct corridors have a total strike length of over 25 km, each with multiple EM conductor trends identified. Ground prospecting and sampling work completed to date has identified outcrop, soil, biogeochemical and radon anomalies, which are key pathfinder elements for unconformity uranium deposit discovery.

The East Preston Project has multiple long linear conductors with flexural changes in orientation and offset breaks in the vicinity of interpreted fault lineaments – classic targets for basement-hosted unconformity uranium deposits. These are not just simple basement conductors; they are clearly upgraded/enhanced prospectivity targets because of the structural complexity.

The targets are basement-hosted unconformity related uranium deposits similar to NexGen’s Arrow deposit and Cameco’s Eagle Point mine. East Preston is near the southern edge of the western Athabasca Basin, where targets are in a near surface environment without Athabasca sandstone cover – therefore they are relatively shallow targets but can have great depth extent when discovered. The project ground is located along a parallel conductive trend between the PLS-Arrow trend and Cameco’s Centennial deposit (Virgin River-Dufferin Lake trend).

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 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 Hooke 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.

Vancouver, British Columbia–(Newsfile Corp. – July 6, 2021) – InZinc Mining Ltd. (TSXV: IZN) (the "Company") is pleased to announce the commencement of Phase 1 exploration activities at the Indy project in central British Columbia. The Phase 1 program, consisting of extensive soil geochemistry, mapping, prospecting and access work, will prepare new and existing drill targets for a contingent drill phase in the fall. The Phase 1 sampling program will look to expand the existing aggregate length of 5km of zinc in soil geochemical anomalies, in four large separate anomalies, over the 7km long Main Trend at Indy.

Drill-testing of soil geochemical anomalies is cost-effective and has proven successful at outlining new shallow mineralization at Indy. A maiden drill program at Indy discovered shallow Sedex-style mineralization at the B-9 Zone at Anomaly B in 2018, including 12.33% Zn, 2.98% Pb, and 24.46g/t Ag (14.98% ZnEq) over 6.3m at 60m below surface in hole IB18-009. The B-9 Zone remains open for expansion.

Indy Project Geochemistry

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/6480/89300_44b2366cb4fb88a8_001full.jpg

Objectives of Phase 1 2021 exploration program:

• 1400 to 1500 soil geochemical samples covering an area of approximately 4 square kilometres

• Delta East Area: Extensive sampling where wide-spacing soil sampling 40 years ago detected strong zinc in soil in two areas, each with a potential 1.0 to 1.5km length.

• Anomaly B: Additional soils to extend the current 1km long multi-element soil anomaly associated with mineralization discovered in 2018.

• Anomaly C: Reconnaissance soils to the west to investigate historical zinc in soil highs detected from programs 40 years ago.

• Mapping, prospecting and target ranking of new 2021 areas in addition to the 5km of already established geochemical targets.

Phase 1 expenditures are fully-funded and eligible for 30% rebate under the BC Mineral Exploration Tax rebate (METC).

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/89300

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, ON / ACCESSWIRE / July 5, 2021 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI; OTC PINK:BKIRF; FRANKFURT:BIN) announces that its previously-announced marketed public offering (the "Offering") of common shares of the Company (the "Shares") will consist of up to 25,000,000 Shares for gross proceeds of up to C$10 million. In respect of the foregoing, Black Iron will file today an amended and restated preliminary short form prospectus (the "Prospectus"), to amend and restate the preliminary short form prospectus of the Company dated June 29, 2021.

Each Share will be offered at a price of $0.40 per Share (the "Offering Price"). The Offering will be made in each of the provinces of Canada (other than Quebec) (the "Canadian Jurisdictions") on a "best efforts" agency basis by Canaccord Genuity Corp. (the "Agent") as lead agent and sole bookrunner. The Company has granted the Agent an option to purchase up to an additional 15% of the Shares sold under the Offering, at the Offering Price, which may be exercised, at the sole discretion of the Agent, in whole or in part to purchase Shares upon written notice to the Company at any time up to 30 days following the closing date of the Offering.

The Offering will be completed (i) by way of a short form prospectus filed in the Canadian Jurisdictions, (ii) on a private placement basis in the United States pursuant to exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and (iii) outside Canada and the United States on a basis which does not require the qualification or registration of any of the Company's securities under domestic or foreign securities laws.

The Offering is expected to close on or about July 20, 2021, or such other date as the Company and the Agent may agree, and is subject to customary closing conditions, including, but not limited to, the entering into of an agency agreement with the Agent, the approval of the securities regulatory authorities and the Toronto Stock Exchange.

The Company intends to use the net proceeds of the Offering for (a) the completion of a Feasibility Study for the Company's Shymanivske Iron Ore Project, (b) the completion of an Environmental and Social Impact Assessment, (c) paying for a portion of the relocation and construction of a new Ukrainian military firing range and ammunition depot to secure access to land required for the Company's Shymanivske Iron Ore Project, and (d) working capital and general corporate purposes, all as described in more detail in the Prospectus.

The Prospectus is available on SEDAR at www.sedar.com.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the U.S. Securities Act or any applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. "United States" and "U.S. persons" shall have the meanings assigned to them in Regulation S under the U.S. Securities Act.

About Black Iron

Black Iron is an iron ore exploration and development company, advancing its 100% owned Shymanivske project located in Kryviy Rih, Ukraine. Full mineral resource details can be found in the NI 43-101 technical report entitled "Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit" published in March 2020 with an effective date of November 21, 2017 (the "PEA") under the Company's profile on SEDAR at www.sedar.com. The Shymanivske project is surrounded by five other operating mines, including ArcelorMittal's iron ore complex. The PEA is preliminary in nature, and it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the PEA will be realized. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Please visit the Company's website at www.blackiron.com for more information.

For more information, please contact:

Matt Simpson
Chief Executive Officer
Black Iron Inc.
info@blackiron.com

Forward-Looking Information

This press release contains forward-looking information. Forward-looking information is based on what management believes to be reasonable assumptions, opinions and estimates of the date such statements are made based on information available to them at that time. Forward-looking information may include, but is not limited to, statements with respect to the size of the Offering, the timing of closing of the Offering, the ability of the Company to obtain all necessary regulatory approvals to complete the Offering and enter into an agency agreement with the Agent and the intended use of proceedsand the Company's future plans. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the inability of the Company to complete the Offering on the terms described herein or at all, the Company using any proceeds from the Offering in a manner other than as set out herein, general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; other risks of the mining industry and the risks described in the annual information form of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. The Company notes that mineral resources are not mineral reserves and do not have demonstrated economic viability.

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

A preliminary prospectus containing important information relating to these securities described herein has been filed with securities commissions or similar authorities in certain jurisdictions of Canada. The preliminary prospectus is still subject to completion or amendment. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

SOURCE: Black Iron

View source version on accesswire.com:
https://www.accesswire.com/654203/Black-Iron-Announces-Pricing-of-Public-Offering

Even if it's not a huge purchase, we think it was good to see that Glen Chipman, the Executive Director of Commercial & Director of Iron Road Limited (ASX:IRD) recently shelled out AU$52k to buy stock, at AU$0.26 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 20%.

See our latest analysis for Iron Road

The Last 12 Months Of Insider Transactions At Iron Road

Notably, that recent purchase by Glen Chipman is the biggest insider purchase of Iron Road shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being AU$0.25). It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

While Iron Road insiders bought shares during the last year, they didn't sell. They paid about AU$0.18 on average. It is certainly positive to see that insiders have invested their own money in the company. But we must note that the investments were made at well below today's share price of AU$0.25. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Does Iron Road Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. From our data, it seems that Iron Road insiders own 3.7% of the company, worth about AU$7.3m. Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Iron Road Insider Transactions Indicate?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Iron Road stock. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 4 warning signs for Iron Road (of which 1 can't be ignored!) you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

This article by Simply Wall St is general in nature. 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.

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