Investment company T. Rowe Price Real Assets Fund, Inc. (Current Portfolio) buys BHP Group, Martin Marietta Materials Inc, Vulcan Materials Co, Wesdome Gold Mines, Simon Property Group Inc, sells Polymetal International PLC, CyrusOne Inc, Sandstorm Gold, Lundin Mining Corp, Digital Realty Trust Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, T. Rowe Price Real Assets Fund, Inc.. As of 2021Q3, T. Rowe Price Real Assets Fund, Inc. owns 242 stocks with a total value of $4.2 billion. These are the details of the buys and sells.

  • New Purchases: MLM, VMC, KIM, NSC, CMS, JYEU, COF, COF, 00435, JBLU, UAL, ALK, ALGT, DAL, SNCY, ULCC, LUV, CP, CSX, CNR, KRR, MESA,

  • Added Positions: BHP, WDO, SPG, GRNG, NEE, COP, FP, CVX, PXD, MAR, UNP, HHC, EQNR, GALP, HTHT, EOG, SBAC, 5401, PRU, FRT, KNT, DVN, HES, 01209, PEB, HST, ESS, D, BVN, AKZA, RPM, ALQ, HUBB, SHW, LEG, CAT, DEI, REXR, MGY, EFX, FABG, LUNE, CHX, EPI A, AKR, MMK, TEN, 8976, WEC, HAL, 8803, SAND, IBE, DAR, EPI B, ENTG, WEIR, NST, WHD, XEL, HLT, CTPNV, PPG, STERV, SO, 9616,

  • Reduced Positions: EQIX, WPC, ATC, UTG, LIN, CPT, VALE3, WELL, MOCORP, O, SSW, IMP, VER, ARE, WPM, REG, PLD, PSA, STLD, IMI, 01997, FNV, EQR, HR, AVB, STOR, 00016, DSM, AAL, NHY, KOJAMO, CUBE, SLG, NNN, 8801, ANTO, COL, AVY, CF, EPR, 3436, ELS, CRDA, SRE, EPRT, HIW, OZL, SCCO, KWR, LBRT, 8804, 3287, SAFM, CLNX, AIRC, DLN, PSPN, ACC, ADC, IIPR, SHO, SRC, LXP, HTA, TRNO, RYN, EGP, BYG, PKG, CAR.UN, UPM, MAG, KRC, HKHGF, GFC,

  • Sold Out: POLY, CONE, SAND, LUN, DLR, WLK, SLR, CG, 09698, LNN, GLEN, C31, HUN, DTE, TTC, 1COV, GPK, VMI, CE, NK, BUCN, EMR, PXT, PAAS, NHM, JBGS, ABX, ARRY, UE, AEM, WY, YRI, EDV, EQX, BTO, PE&OLES, HMY, SIL, IMG, ELD, TXG, SEA, NG, NGD,

For the details of T. Rowe Price Real Assets Fund, Inc.'s stock buys and sells,go to https://www.gurufocus.com/guru/t.+rowe+price+real+assets+fund%2C+inc./current-portfolio/portfolio

These are the top 5 holdings of T. Rowe Price Real Assets Fund, Inc.

  • BHP Group Ltd (BHP) – 4,898,700 shares, 3.08% of the total portfolio. Shares added by 158.69%

  • Prologis Inc (PLD) – 972,172 shares, 2.87% of the total portfolio. Shares reduced by 3.23%

  • SPDR Oil & Gas Exploration and Production ETF (XOP) – 1,086,549 shares, 2.47% of the total portfolio.

  • Welltower Inc (WELL) – 1,099,115 shares, 2.13% of the total portfolio. Shares reduced by 6.54%

  • Camden Property Trust (CPT) – 558,578 shares, 1.94% of the total portfolio. Shares reduced by 9.14%

    • New Purchase: Martin Marietta Materials Inc (MLM)

    T. Rowe Price Real Assets Fund, Inc. initiated holding in Martin Marietta Materials Inc. The purchase prices were between $339.74 and $390.42, with an estimated average price of $363.69. The stock is now traded at around $438.590000. The impact to a portfolio due to this purchase was 0.73%. The holding were 90,366 shares as of 2021-09-30.

    New Purchase: Vulcan Materials Co (VMC)

    T. Rowe Price Real Assets Fund, Inc. initiated holding in Vulcan Materials Co. The purchase prices were between $169.16 and $193.41, with an estimated average price of $178.97. The stock is now traded at around $207.490000. The impact to a portfolio due to this purchase was 0.71%. The holding were 178,638 shares as of 2021-09-30.

    New Purchase: Kimco Realty Corp (KIM)

    T. Rowe Price Real Assets Fund, Inc. initiated holding in Kimco Realty Corp. The purchase prices were between $19.57 and $22.3, with an estimated average price of $21.38. The stock is now traded at around $24.030000. The impact to a portfolio due to this purchase was 0.31%. The holding were 636,807 shares as of 2021-09-30.

    New Purchase: Norfolk Southern Corp (NSC)

    T. Rowe Price Real Assets Fund, Inc. initiated holding in Norfolk Southern Corp. The purchase prices were between $239.24 and $273.35, with an estimated average price of $256.57. The stock is now traded at around $291.530000. The impact to a portfolio due to this purchase was 0.21%. The holding were 36,854 shares as of 2021-09-30.

    New Purchase: CMS Energy Corp (CMS)

    T. Rowe Price Real Assets Fund, Inc. initiated holding in CMS Energy Corp. The purchase prices were between $58.86 and $65.61, with an estimated average price of $62.4. The stock is now traded at around $63.910000. The impact to a portfolio due to this purchase was 0.2%. The holding were 140,699 shares as of 2021-09-30.

    New Purchase: Lendlease Global Commercial REIT (JYEU)

    T. Rowe Price Real Assets Fund, Inc. initiated holding in Lendlease Global Commercial REIT. The purchase prices were between $0.84 and $0.92, with an estimated average price of $0.87. The stock is now traded at around $0.870000. The impact to a portfolio due to this purchase was 0.14%. The holding were 9,065,500 shares as of 2021-09-30.

    Added: BHP Group Ltd (BHP)

    T. Rowe Price Real Assets Fund, Inc. added to a holding in BHP Group Ltd by 158.69%. The purchase prices were between $36.39 and $54.06, with an estimated average price of $46.64. The stock is now traded at around $41.320000. The impact to a portfolio due to this purchase was 1.89%. The holding were 4,898,700 shares as of 2021-09-30.

    Added: Wesdome Gold Mines Ltd (WDO)

    T. Rowe Price Real Assets Fund, Inc. added to a holding in Wesdome Gold Mines Ltd by 98.57%. The purchase prices were between $10.06 and $12.93, with an estimated average price of $12.03. The stock is now traded at around $11.300000. The impact to a portfolio due to this purchase was 0.61%. The holding were 6,530,424 shares as of 2021-09-30.

    Added: Simon Property Group Inc (SPG)

    T. Rowe Price Real Assets Fund, Inc. added to a holding in Simon Property Group Inc by 61.12%. The purchase prices were between $117.19 and $136.42, with an estimated average price of $130.23. The stock is now traded at around $158.430000. The impact to a portfolio due to this purchase was 0.39%. The holding were 333,855 shares as of 2021-09-30.

    Added: Granges AB (GRNG)

    T. Rowe Price Real Assets Fund, Inc. added to a holding in Granges AB by 176.85%. The purchase prices were between $99.45 and $122.5, with an estimated average price of $113.07. The stock is now traded at around $106.800000. The impact to a portfolio due to this purchase was 0.29%. The holding were 1,596,252 shares as of 2021-09-30.

    Added: NextEra Energy Inc (NEE)

    T. Rowe Price Real Assets Fund, Inc. added to a holding in NextEra Energy Inc by 244.35%. The purchase prices were between $74.19 and $86.48, with an estimated average price of $80.63. The stock is now traded at around $91.320000. The impact to a portfolio due to this purchase was 0.28%. The holding were 323,086 shares as of 2021-09-30.

    Added: ConocoPhillips (COP)

    T. Rowe Price Real Assets Fund, Inc. added to a holding in ConocoPhillips by 24.13%. The purchase prices were between $52.44 and $68.04, with an estimated average price of $57.76. The stock is now traded at around $73.210000. The impact to a portfolio due to this purchase was 0.25%. The holding were 814,293 shares as of 2021-09-30.

    Sold Out: Polymetal International PLC (POLY)

    T. Rowe Price Real Assets Fund, Inc. sold out a holding in Polymetal International PLC. The sale prices were between $1208.4 and $1662.4, with an estimated average price of $1499.69.

    Sold Out: CyrusOne Inc (CONE)

    T. Rowe Price Real Assets Fund, Inc. sold out a holding in CyrusOne Inc. The sale prices were between $70.51 and $80.7, with an estimated average price of $75.23.

    Sold Out: Sandstorm Gold Ltd (SAND)

    T. Rowe Price Real Assets Fund, Inc. sold out a holding in Sandstorm Gold Ltd. The sale prices were between $5.6 and $7.96, with an estimated average price of $6.92.

    Sold Out: Lundin Mining Corp (LUN)

    T. Rowe Price Real Assets Fund, Inc. sold out a holding in Lundin Mining Corp. The sale prices were between $8.77 and $11.77, with an estimated average price of $10.47.

    Sold Out: Digital Realty Trust Inc (DLR)

    T. Rowe Price Real Assets Fund, Inc. sold out a holding in Digital Realty Trust Inc. The sale prices were between $144.45 and $168, with an estimated average price of $156.92.

    Sold Out: Westlake Chemical Corp (WLK)

    T. Rowe Price Real Assets Fund, Inc. sold out a holding in Westlake Chemical Corp. The sale prices were between $78.98 and $93.55, with an estimated average price of $85.74.

    Here is the complete portfolio of T. Rowe Price Real Assets Fund, Inc.. Also check out:1. T. Rowe Price Real Assets Fund, Inc.'s Undervalued Stocks2. T. Rowe Price Real Assets Fund, Inc.'s Top Growth Companies, and3. T. Rowe Price Real Assets Fund, Inc.'s High Yield stocks4. Stocks that T. Rowe Price Real Assets Fund, Inc. keeps buyingThis article first appeared on GuruFocus.

    Investment company Aberdeen Emerging Markets Equity Income Fund, Inc. (Current Portfolio) buys Prosus NV, TCS Group Holding PLC, Kotak Mahindra Bank, ASM International NV, Li Ning Co, sells Naspers, Vale SA, China Resources Land, Ping An Insurance (Group) Co. of China, BHP Group PLC during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Aberdeen Emerging Markets Equity Income Fund, Inc.. As of 2021Q3, Aberdeen Emerging Markets Equity Income Fund, Inc. owns 75 stocks with a total value of $510 million. These are the details of the buys and sells.

    • New Purchases: PRX, TCS, KOTAKBANK, ASM, 02331, 035720,

    • Added Positions: FPT, 00700, TCB, 09698, BBRI, SE, 00881, GMEXICOB, LUKOY, 09988, 01299, RAIL3, 300274, 03968, AMS,

    • Reduced Positions: VALE, 01109, BHP, OMAB, 01928, 2330, 601012, 02343, SBER, 002812, WEGE3, TCS, NVTK,

    • Sold Out: NPN, 02318, EDU, GLTR,

    For the details of Aberdeen Emerging Markets Equity Income Fund, Inc.'s stock buys and sells,go to https://www.gurufocus.com/guru/aberdeen+emerging+markets+equity+income+fund%2C+inc./current-portfolio/portfolio

    These are the top 5 holdings of Aberdeen Emerging Markets Equity Income Fund, Inc.

  • Samsung Electronics Co Ltd (005935) – 736,593 shares, 8.42% of the total portfolio.

  • Taiwan Semiconductor Manufacturing Co Ltd (2330) – 2,004,000 shares, 8.12% of the total portfolio. Shares reduced by 4.48%

  • Tencent Holdings Ltd (00700) – 463,300 shares, 5.42% of the total portfolio. Shares added by 10.60%

  • Alibaba Group Holding Ltd (09988) – 981,500 shares, 3.56% of the total portfolio. Shares added by 7.57%

  • LONGi Green Energy Technology Co Ltd (601012) – 886,034 shares, 2.21% of the total portfolio. Shares reduced by 10.74%

    • New Purchase: Prosus NV (PRX)

    Aberdeen Emerging Markets Equity Income Fund, Inc. initiated holding in Prosus NV. The purchase prices were between $67.66 and $82.48, with an estimated average price of $74.45. The stock is now traded at around $72.500000. The impact to a portfolio due to this purchase was 1.29%. The holding were 82,042 shares as of 2021-09-30.

    New Purchase: TCS Group Holding PLC (TCS)

    Aberdeen Emerging Markets Equity Income Fund, Inc. initiated holding in TCS Group Holding PLC. The purchase prices were between $82.72 and $100.55, with an estimated average price of $90.64. The stock is now traded at around $81.300000. The impact to a portfolio due to this purchase was 0.81%. The holding were 45,168 shares as of 2021-09-30.

    New Purchase: Kotak Mahindra Bank Ltd (KOTAKBANK)

    Aberdeen Emerging Markets Equity Income Fund, Inc. initiated holding in Kotak Mahindra Bank Ltd. The purchase prices were between $1641.65 and $2068.2, with an estimated average price of $1790.68. The stock is now traded at around $1748.400000. The impact to a portfolio due to this purchase was 0.76%. The holding were 144,706 shares as of 2021-09-30.

    New Purchase: ASM International NV (ASM)

    Aberdeen Emerging Markets Equity Income Fund, Inc. initiated holding in ASM International NV. The purchase prices were between $267.4 and $374.8, with an estimated average price of $318.07. The stock is now traded at around $382.800000. The impact to a portfolio due to this purchase was 0.68%. The holding were 8,821 shares as of 2021-09-30.

    New Purchase: Li Ning Co Ltd (02331)

    Aberdeen Emerging Markets Equity Income Fund, Inc. initiated holding in Li Ning Co Ltd. The purchase prices were between $72.35 and $107.7, with an estimated average price of $92.46. The stock is now traded at around $81.700000. The impact to a portfolio due to this purchase was 0.56%. The holding were 249,000 shares as of 2021-09-30.

    New Purchase: Kakao Corp (035720)

    Aberdeen Emerging Markets Equity Income Fund, Inc. initiated holding in Kakao Corp. The purchase prices were between $115000 and $163000, with an estimated average price of $144323. The stock is now traded at around $114500.000000. The impact to a portfolio due to this purchase was 0.41%. The holding were 21,215 shares as of 2021-09-30.

    Added: FPT Corp (FPT)

    Aberdeen Emerging Markets Equity Income Fund, Inc. added to a holding in FPT Corp by 114.61%. The purchase prices were between $84700 and $97500, with an estimated average price of $92543.9. The stock is now traded at around $93800.000000. The impact to a portfolio due to this purchase was 0.56%. The holding were 1,310,000 shares as of 2021-09-30.

    Added: Vietnam Technological and Commercial Joint Stock b (TCB)

    Aberdeen Emerging Markets Equity Income Fund, Inc. added to a holding in Vietnam Technological and Commercial Joint Stock b by 1125.00%. The purchase prices were between $48000 and $56600, with an estimated average price of $50934.1. The stock is now traded at around $48900.000000. The impact to a portfolio due to this purchase was 0.48%. The holding were 1,225,000 shares as of 2021-09-30.

    Added: GDS Holdings Ltd (09698)

    Aberdeen Emerging Markets Equity Income Fund, Inc. added to a holding in GDS Holdings Ltd by 288.42%. The purchase prices were between $48 and $74.3, with an estimated average price of $60.33. The stock is now traded at around $43.850000. The impact to a portfolio due to this purchase was 0.42%. The holding were 412,500 shares as of 2021-09-30.

    Added: PT Bank Rakyat Indonesia (Persero) Tbk (BBRI)

    Aberdeen Emerging Markets Equity Income Fund, Inc. added to a holding in PT Bank Rakyat Indonesia (Persero) Tbk by 34.29%. The purchase prices were between $3372.67 and $3850, with an estimated average price of $3558.73. The stock is now traded at around $4070.000000. The impact to a portfolio due to this purchase was 0.32%. The holding were 23,671,586 shares as of 2021-09-30.

    Added: Sea Ltd (SE)

    Aberdeen Emerging Markets Equity Income Fund, Inc. added to a holding in Sea Ltd by 32.90%. The purchase prices were between $267 and $353.36, with an estimated average price of $307.05. The stock is now traded at around $222.050000. The impact to a portfolio due to this purchase was 0.3%. The holding were 19,692 shares as of 2021-09-30.

    Added: Zhongsheng Group Holdings Ltd (00881)

    Aberdeen Emerging Markets Equity Income Fund, Inc. added to a holding in Zhongsheng Group Holdings Ltd by 48.30%. The purchase prices were between $59.9 and $76.65, with an estimated average price of $68.23. The stock is now traded at around $60.550000. The impact to a portfolio due to this purchase was 0.27%. The holding were 522,000 shares as of 2021-09-30.

    Sold Out: Naspers Ltd (NPN)

    Aberdeen Emerging Markets Equity Income Fund, Inc. sold out a holding in Naspers Ltd. The sale prices were between $2290.87 and $3011.33, with an estimated average price of $2634.29.

    Sold Out: Ping An Insurance (Group) Co. of China Ltd (02318)

    Aberdeen Emerging Markets Equity Income Fund, Inc. sold out a holding in Ping An Insurance (Group) Co. of China Ltd. The sale prices were between $51.35 and $74.9, with an estimated average price of $64.92.

    Sold Out: New Oriental Education & Technology Group Inc (EDU)

    Aberdeen Emerging Markets Equity Income Fund, Inc. sold out a holding in New Oriental Education & Technology Group Inc. The sale prices were between $1.7 and $7.81, with an estimated average price of $3.23.

    Sold Out: Globaltrans Investment PLC (GLTR)

    Aberdeen Emerging Markets Equity Income Fund, Inc. sold out a holding in Globaltrans Investment PLC. The sale prices were between $6.81 and $8.5, with an estimated average price of $7.61.

    Reduced: Vale SA (VALE)

    Aberdeen Emerging Markets Equity Income Fund, Inc. reduced to a holding in Vale SA by 30.96%. The sale prices were between $13.8 and $22.94, with an estimated average price of $19.65. The stock is now traded at around $13.910000. The impact to a portfolio due to this sale was -0.97%. Aberdeen Emerging Markets Equity Income Fund, Inc. still held 513,047 shares as of 2021-09-30.

    Reduced: China Resources Land Ltd (01109)

    Aberdeen Emerging Markets Equity Income Fund, Inc. reduced to a holding in China Resources Land Ltd by 44.22%. The sale prices were between $26 and $32.85, with an estimated average price of $29.41. The stock is now traded at around $33.300000. The impact to a portfolio due to this sale was -0.84%. Aberdeen Emerging Markets Equity Income Fund, Inc. still held 1,425,500 shares as of 2021-09-30.

    Reduced: BHP Group PLC (BHP)

    Aberdeen Emerging Markets Equity Income Fund, Inc. reduced to a holding in BHP Group PLC by 39.07%. The sale prices were between $370.38 and $486.99, with an estimated average price of $436.95. The stock is now traded at around $457.680000. The impact to a portfolio due to this sale was -0.59%. Aberdeen Emerging Markets Equity Income Fund, Inc. still held 167,316 shares as of 2021-09-30.

    Reduced: Grupo Aeroportuario del Centro Norte SAB de CV (OMAB)

    Aberdeen Emerging Markets Equity Income Fund, Inc. reduced to a holding in Grupo Aeroportuario del Centro Norte SAB de CV by 49.8%. The sale prices were between $46.62 and $52.86, with an estimated average price of $48.61. The stock is now traded at around $52.950000. The impact to a portfolio due to this sale was -0.53%. Aberdeen Emerging Markets Equity Income Fund, Inc. still held 55,318 shares as of 2021-09-30.

    Reduced: Sands China Ltd (01928)

    Aberdeen Emerging Markets Equity Income Fund, Inc. reduced to a holding in Sands China Ltd by 24.54%. The sale prices were between $14.86 and $32.6, with an estimated average price of $25.11. The stock is now traded at around $18.180000. The impact to a portfolio due to this sale was -0.39%. Aberdeen Emerging Markets Equity Income Fund, Inc. still held 1,538,800 shares as of 2021-09-30.

    Reduced: Yunnan Energy New Material Co Ltd (002812)

    Aberdeen Emerging Markets Equity Income Fund, Inc. reduced to a holding in Yunnan Energy New Material Co Ltd by 20.51%. The sale prices were between $231.7 and $310.08, with an estimated average price of $267.58. The stock is now traded at around $235.950000. The impact to a portfolio due to this sale was -0.16%. Aberdeen Emerging Markets Equity Income Fund, Inc. still held 95,368 shares as of 2021-09-30.

    Here is the complete portfolio of Aberdeen Emerging Markets Equity Income Fund, Inc.. Also check out:1. Aberdeen Emerging Markets Equity Income Fund, Inc.'s Undervalued Stocks2. Aberdeen Emerging Markets Equity Income Fund, Inc.'s Top Growth Companies, and3. Aberdeen Emerging Markets Equity Income Fund, Inc.'s High Yield stocks4. Stocks that Aberdeen Emerging Markets Equity Income Fund, Inc. keeps buyingThis article first appeared on GuruFocus.

    MAURITIUS, Dec. 23, 2021 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”), a producer of 4% of the world’s mined tin1 from its high grade operation in the Democratic Republic of Congo, is pleased to announce that its 84,14% owned operating subsidiary, Alphamin Bisie Mining SA (“ABM”), has completed a distribution to shareholders of US$35m. The Company has received approximately US$29.5m of this distribution.

    In addition, as a result of recent exercises of share purchase warrants issued by the Company in April 2019 and which expire on April 8, 2022, the Company has now received aggregate proceeds of approximately CDN$20.2 million from the exercise of such warrants. The warrants are exercisable at a price of CDN$0.30 per share and if all remaining outstanding warrants are exercised prior to expiry, proceeds of an additional approximate CDN$2.8 million would be received.

    The current consolidated Alphamin cash position is approximately US$83 million. The Company will assess the group cash position at financial year-end December 2021 with a view to balancing capital allocations between growth initiatives, ABM 2021 corporate taxes due April 2022 and a maiden Alphamin dividend.

    __________________________________________________________________________________________

    FOR MORE INFORMATION, PLEASE CONTACT:

    Maritz Smith CEO Alphamin Resources Corp. Tel: +230 269 4166E-mail: msmith@alphaminresources.com

    CAUTION REGARDING FORWARD LOOKING STATEMENTS

    Information in this news release that is not a statement of historical fact constitutes forward-looking information. Forward-looking statements contained herein include, without limitation, statements relating to the expected future exercise of warrants and the receipt of cash proceeds therefrom and the potential for a maiden dividend. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Alphamin has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to: uncertainties associated with Alphamin’s resource and reserve estimates, uncertainties regarding estimates of the expected mined tin grades, processing plant performance and recoveries, uncertainties regarding global supply and demand for tin and market and sales prices, uncertainties with respect to social, community and environmental impacts, uninterupted access to required infrastructure and third party service providers, adverse political events, impacts of the global Covid-19 pandemic on mining operations and commodity prices as well as those risk factors set out in the Company’s Management Discussion and Analysis and other disclosure documents available under the Company’s profile at www.sedar.com. Forward-looking statements contained herein are made as of the date of this news release and Alphamin disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

    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 news release.

    1Data obtained from International Tin Association Tin Industry Review 2020

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

    VANCOUVER, British Columbia, Dec. 23, 2021 (GLOBE NEWSWIRE) — AURCANA SILVER CORPORATION ("Aurcana" or the "Company") (TSXV: AUN) is pleased to announce that it has shipped its first concentrate production from its wholly owned Revenue-Virginius Mine, located in Ouray, Colorado, USA.

    The Company continues to mine high-grade ore during this time of reduced underground capacity. The processing system’s capability has been demonstrated through the mill operating at design capacity and the ability to produce shippable concentrate. However, the lack of consistent ore feed from the mine has been a bottleneck to optimizing processing performance.

    Going forward, the near term operating plan is to continue to mine the two available stopes on the 1800 level and create a stockpile that will help ensure a longer period of sustained processing run-time. It is expected enough ore will be stockpiled to enable the processing plant to restart again during the first week of January.

    Although the delays in specific underground development projects has meant the mine has been slower to get to full production than originally planned, a number of very important milestones have been achieved for the Revenue-Virginius Mine restart. First, the grade on the 1800 level based on assay results from samples taken from development advance shows the grade is as expected or better when compared against the geological model. The Company expects to be incorporating these assay results into future resource work. Second, the mine has proved the resue mining method works well for this ore-body in both dilution and geotechnical control features. And third, the processing facility has demonstrated that it can perform when given suitable ore feed to run at design rates and make sellable concentrates.

    The Company continues to evaluate its development plan and timeline and will update shareholders in the new year. The #1 Raise Hoist remains the main bottleneck to achieving target mining productivities and its completion is a key to the success of the overall operation. Work on the #1 Raise Hoist continues and is the number one priority in the mine. Completion is now scheduled for May of 2022.

    Aurcana also announces the resignation of Brian Briggs from the position of Chief Operating Officer of Aurcana Silver Corp and from the position of Chief Executive Officer of Ouray Silver Mining Inc (“OSMI”). The responsibilities and duties of these positions will be shared among existing managers and officers of the Company and OSMI.

    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 SILVER 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 SILVER CORPORATION

    “Kevin Drover”President & CEO

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

    Aurcana Silver Corporation850 – 789 West Pender StreetVancouver, BC V6C 1H2Phone: (604) 331-9333

    Gary Lindsey, Corporate CommunicationsPhone: (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 operational adjustments resulting from the reported rock movement and the impact of such adjustments on the production and operations of the Company at the Revenue Virginius mine (including with respect to the timing of closing of all such matters). 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.

    Toronto, ON, Canada, Dec. 22, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the "Company") (TSX-V: CCB) announces that its board of directors have approved the granting of 2,759,000 options under its Stock Option Plan. Of these, 2,259,000 options were issued to a senior officer and 500,000 options to a consultant to the firm. Each share under option carries a 5-year term and an exercise price of $0.085. All options vest immediately.

    CANADA CARBON INC.“Ellerton Castor”

    Chief Executive Officer and Director

    Contact InformationE-mail inquiries: info@canadacarbon.comP: (917) 446-4213

    Valerie PomerleauDirector Public Affairs and CommunicationsCanada Carbon Inc.valerie@ryanap.com (819) 856-5678

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

    FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

    46987097.1

    Brisbane, Queensland–(Newsfile Corp. – December 22, 2021) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (FSE: 0GF) ("GMG" or the "Company") is pleased to announce that its graphene aluminium-ion batteries ("G+AI Battery") 2032 type coin cell prototypes (see Figure 1) have been sent to a number of prospective customers around the world.

    Coin cell testing to date has demonstrated that the GMG 2032 type G+AI Battery coin cell prototypes are fully rechargeable in several seconds, retain capacity for several thousand charge and discharge cycles, are non-flammable, and are relatively non-toxic and almost fully recyclable. These characteristics compare favourably against typical rechargeable Lithium-Ion 2032 type coin cells which take 3-6 hours to recharge, are toxic and can be quite harmful if ingested, are difficult to recycle, are flammable under certain conditions, and degrade more rapidly in performance.

    Figure 1: GMG 2032 1.7V PrototypeTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/8082/108294_b94e44dee499abaf_001full.jpg

    GMG is pleased to report that further battery development, in collaboration with the University of Queensland, has increased the capacity of the G+AI Battery coin cells, when compared to earlier proof of concept prototypes. The Company is also currently in the process of developing the technology required to increase the voltage of the coin cell from approximately 1.7 Volts to 3.4 Volts – making the G+AI Battery better suited for interchangeable use in existing everyday personal devices. In addition to graphene manufactured by GMG, the Company also continues to test different grades of graphene from various sources for use in G+AI Batteries. GMG considers the performance characteristics of these prototypes clear enough to engage potential customers and industry partners for feedback on their commercial potential following subsequent further development.

    GMG's CEO and Managing Director, Craig Nicol, said, "We are very pleased with the technical and commercial progress we have made to date on our G+AI Batteries, and with the level of interest received from potential customers. We look forward to customer feedback on these prototypes, and to progressing towards the commercialisation of this impressive battery technology. In parallel we will continue to optimise and improve performance in our newly commissioned pilot plant and start to develop pouch pack formats during 2022 in addition to the coin cell."

    About GMG

    GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company's proprietary process, GMG can produce high quality, low cost, scalable, 'tuneable' and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this and other sources of low input cost graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

    The Company is pursuing opportunities for GMG graphene enhanced products, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance and energy efficiency of engine oils, biodiesel and diesel fuels.

    For further information, please contact:

    – Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223- Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

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

    Cautionary Note Regarding Forward-Looking Statements

    This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the continued optimisation of the G+AI Battery, the potential toxicity and recyclability of the 2032 type G+AI Battery coin cell prototypes, the technological development and optimisation of the G+AI Battery coin cells, the potential commercialization of the 2032 type G+AI Battery coin cell technology, the optimisation and improved performance of the Company's pilot plant, and the development of the 2032 type G+AI Battery coin cell prototype in a pouch pack format.

    These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the deployment of the Company's resources, including its personnel, and the intention of the Company to research, develop and produce certain products and technologies, the ability of the Company to optimise certain products and facilities, and the commercial progress and technical characteristics of certain products.

    In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company's ability to research, develop and test its products within anticipated timelines, and market demand for the Company's products.

    Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108294

    These are the top dividend stocks in the Russell 1000 with the highest forward dividend yield for January.

    Investment company American Century Capital Portfolios Inc (Current Portfolio) buys iShares Russell 1000 Growth ETF, Teradyne Inc, Lennar Corp, Royal Dutch Shell PLC, Fox Corp, sells Royal Dutch Shell PLC, iShares Russell 1000 Value ETF, Lennar Corp, Linde PLC, Marsh & McLennan Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, American Century Capital Portfolios Inc. As of 2021Q3, American Century Capital Portfolios Inc owns 183 stocks with a total value of $-5 million. These are the details of the buys and sells.

    • New Purchases: MET, BBL, TXN, MS, SIEGY, CBSH, HRC, EIX, PB, SIE, AMCR, MC, AZE, VICI, MDLZ, OLPX,

    • Added Positions: IWF, TER, LEN, RDS.A, FOXA, ATCO A, HEI, TSLA, MCHP, XLU, APD, USFD, PG, AGCO, PRU, AON, WM, AZN, CAT, BMY, BEN, PPG, AMZN, CSX, TRV, VOW, SLB, ANET, AEP, F, SO, SYK, ED, LRCX, VLO, XLV, UNM, LUMN, FBHS, C, BAC, CVNA, MTB, NA, SAN, CVX, VTR, BRX, TSCO, ARKK, STT, KR, OZK, WHR, CARR, HRL, SLG, KNEBV, NOC, VOLV B, UPM, 6367, OLLI, FDX, UNH, FDS, ANTO, DIS, HCA, SIG, KEYS, WERN, GPC, ABT, MRK, UL, CPB, AMC, ELUX B, NSC, CERN, SR, OGS, VOW3, 6754, HEIO, ADP, EPD,

    • Reduced Positions: RDS.B, IWD, LEN.B, LIN, FOX, ATCO B, MMC, BHP, INTC, GS, HIG, GE, PNW, MSFT, HEI.A, BAX, ACI, JNJ, TTE, BKR, DUK, DE, EMR, 6503, FFIN, SEE, CAG, CSCO, SYY, RSG, BK, USB, AB, IYR, PTON, AKZA, PCAR, RHHBY, JCI, EQIX, MAS, SJM, AD, GL, PFE, CNC, AAP, MDT, XLY, JPM, DLTR, WMT, XEL, FCX, BDX, WELL, MNDI, TJX, GALP, UNP, AOS, SCHP, GM, PKG, HUSQ B, RY, VFC, BURL, CMS, HTLD, V, UHS,

    • Sold Out: ALXN, AMAT, UMBF, AXTA, TPR, LMT, MGP, PFG, UPS, VZ, S, S, XMTR,

    For the details of AC ALTERNATIVES MARKET NEUTRAL VALUE FUND's stock buys and sells,go to https://www.gurufocus.com/guru/ac+alternatives+market+neutral+value+fund/current-portfolio/portfolio

    These are the top 5 holdings of AC ALTERNATIVES MARKET NEUTRAL VALUE FUND

  • Tesla Inc (TSLA) – -2,793 shares, 45.50% of the total portfolio. Shares added by 9999.00%

  • Fox Corp (FOXA) – -47,769 shares, 40.25% of the total portfolio. Shares added by 9999.00%

  • Heico Corp (HEI) – -14,217 shares, 39.39% of the total portfolio. Shares added by 9999.00%

  • iShares Russell 1000 Growth ETF (IWF) – -6,768 shares, 38.97% of the total portfolio. Shares added by 9999.00%

  • Teradyne Inc (TER) – -16,779 shares, 38.48% of the total portfolio. Shares added by 9999.00%

    • New Purchase: MetLife Inc (MET)

    American Century Capital Portfolios Inc initiated holding in MetLife Inc. The purchase prices were between $55.86 and $63.61, with an estimated average price of $60.22. The stock is now traded at around $58.590000. The impact to a portfolio due to this purchase was -8.23%. The holding were 6,347 shares as of 2021-09-30.

    New Purchase: BHP Group PLC (BBL)

    American Century Capital Portfolios Inc initiated holding in BHP Group PLC. The purchase prices were between $49.74 and $66.71, with an estimated average price of $60.12. The stock is now traded at around $57.370000. The impact to a portfolio due to this purchase was -6.05%. The holding were 5,682 shares as of 2021-09-30.

    New Purchase: Texas Instruments Inc (TXN)

    American Century Capital Portfolios Inc initiated holding in Texas Instruments Inc. The purchase prices were between $183.8 and $200.65, with an estimated average price of $190.58. The stock is now traded at around $184.240000. The impact to a portfolio due to this purchase was -4.51%. The holding were 1,116 shares as of 2021-09-30.

    New Purchase: Morgan Stanley (MS)

    American Century Capital Portfolios Inc initiated holding in Morgan Stanley. The purchase prices were between $87.64 and $105.45, with an estimated average price of $99.05. The stock is now traded at around $95.370000. The impact to a portfolio due to this purchase was -4.24%. The holding were 2,076 shares as of 2021-09-30.

    New Purchase: Siemens AG (SIEGY)

    American Century Capital Portfolios Inc initiated holding in Siemens AG. The purchase prices were between $74.42 and $88.48, with an estimated average price of $82.05. The stock is now traded at around $82.240000. The impact to a portfolio due to this purchase was -3.85%. The holding were 2,232 shares as of 2021-09-30.

    New Purchase: Commerce Bancshares Inc (CBSH)

    American Century Capital Portfolios Inc initiated holding in Commerce Bancshares Inc. The purchase prices were between $62.89 and $71.53, with an estimated average price of $67.11. The stock is now traded at around $66.320000. The impact to a portfolio due to this purchase was -3.41%. The holding were 2,446 shares as of 2021-09-30.

    Added: Merck & Co Inc (MRK)

    American Century Capital Portfolios Inc added to a holding in Merck & Co Inc by 56.21%. The purchase prices were between $71.68 and $78.83, with an estimated average price of $76.11. The stock is now traded at around $76.410000. The impact to a portfolio due to this purchase was -1.5%. The holding were 2,643 shares as of 2021-09-30.

    Added: Electrolux AB (ELUX B)

    American Century Capital Portfolios Inc added to a holding in Electrolux AB by 24.71%. The purchase prices were between $200.2 and $246.9, with an estimated average price of $221.85. The stock is now traded at around $208.300000. The impact to a portfolio due to this purchase was -0.45%. The holding were 4,648 shares as of 2021-09-30.

    Sold Out: MGM Growth Properties LLC (MGP)

    American Century Capital Portfolios Inc sold out a holding in MGM Growth Properties LLC. The sale prices were between $35.88 and $43.1, with an estimated average price of $39.21.

    Sold Out: Principal Financial Group Inc (PFG)

    American Century Capital Portfolios Inc sold out a holding in Principal Financial Group Inc. The sale prices were between $59.2 and $68.12, with an estimated average price of $64.21.

    Sold Out: Applied Materials Inc (AMAT)

    American Century Capital Portfolios Inc sold out a holding in Applied Materials Inc. The sale prices were between $127.2 and $144.09, with an estimated average price of $135.81.

    Sold Out: Verizon Communications Inc (VZ)

    American Century Capital Portfolios Inc sold out a holding in Verizon Communications Inc. The sale prices were between $54.01 and $56.55, with an estimated average price of $55.34.

    Sold Out: UMB Financial Corp (UMBF)

    American Century Capital Portfolios Inc sold out a holding in UMB Financial Corp. The sale prices were between $84.93 and $98.65, with an estimated average price of $91.24.

    Sold Out: SentinelOne Inc (S)

    American Century Capital Portfolios Inc sold out a holding in SentinelOne Inc. The sale prices were between $40.04 and $72.75, with an estimated average price of $54.95.

    Reduced: iShares Russell 1000 Growth ETF (IWF)

    American Century Capital Portfolios Inc reduced to a holding in iShares Russell 1000 Growth ETF by 9999%. The sale prices were between $271.28 and $291.83, with an estimated average price of $282.17. The stock is now traded at around $292.030000. The impact to a portfolio due to this sale was -43.72%. American Century Capital Portfolios Inc still held -6,768 shares as of 2021-09-30.

    Reduced: Teradyne Inc (TER)

    American Century Capital Portfolios Inc reduced to a holding in Teradyne Inc by 9999%. The sale prices were between $109.17 and $129.38, with an estimated average price of $121.64. The stock is now traded at around $155.710000. The impact to a portfolio due to this sale was -42.35%. American Century Capital Portfolios Inc still held -16,779 shares as of 2021-09-30.

    Reduced: Lennar Corp (LEN)

    American Century Capital Portfolios Inc reduced to a holding in Lennar Corp by 9999%. The sale prices were between $93.68 and $108.84, with an estimated average price of $102.27. The stock is now traded at around $105.810000. The impact to a portfolio due to this sale was -42.28%. American Century Capital Portfolios Inc still held -18,778 shares as of 2021-09-30.

    Reduced: Royal Dutch Shell PLC (RDS.A)

    American Century Capital Portfolios Inc reduced to a holding in Royal Dutch Shell PLC by 9999%. The sale prices were between $37.08 and $44.57, with an estimated average price of $40.36. The stock is now traded at around $41.930000. The impact to a portfolio due to this sale was -41.22%. American Century Capital Portfolios Inc still held -39,690 shares as of 2021-09-30.

    Reduced: Fox Corp (FOXA)

    American Century Capital Portfolios Inc reduced to a holding in Fox Corp by 9999%. The sale prices were between $34.72 and $40.25, with an estimated average price of $36.83. The stock is now traded at around $36.390000. The impact to a portfolio due to this sale was -40.47%. American Century Capital Portfolios Inc still held -47,769 shares as of 2021-09-30.

    Reduced: Atlas Copco AB (ATCO A)

    American Century Capital Portfolios Inc reduced to a holding in Atlas Copco AB by 9999%. The sale prices were between $523.2 and $610.6, with an estimated average price of $577.36. The stock is now traded at around $586.400000. The impact to a portfolio due to this sale was -39.67%. American Century Capital Portfolios Inc still held -29,500 shares as of 2021-09-30.

    Here is the complete portfolio of AC ALTERNATIVES MARKET NEUTRAL VALUE FUND. Also check out:1. AC ALTERNATIVES MARKET NEUTRAL VALUE FUND's Undervalued Stocks2. AC ALTERNATIVES MARKET NEUTRAL VALUE FUND's Top Growth Companies, and3. AC ALTERNATIVES MARKET NEUTRAL VALUE FUND's High Yield stocks4. Stocks that AC ALTERNATIVES MARKET NEUTRAL VALUE FUND keeps buyingThis article first appeared on GuruFocus.

    (Adds background)

    Dec 21 (Reuters) – Miner BHP Group said on Tuesday it has received all regulatory and competition approvals for the unification of its corporate structure.

    The company has been listed in Australia and the UK since 2001, when it merged with Billiton Plc, but proposed in August to consolidate the two by keeping its primary base in Sydney.

    The decision to consolidate BHP's structure was triggered by recent changes in the company's portfolio and a drop in the earnings contribution from UK assets.

    BHP expects the unification to be complete by Jan. 31, 2022 after the shareholders' vote for both BHP Group Ltd and BHP Group Plc is held on Jan. 20. (Reporting by Savyata Mishra in Bengaluru; Editing by Shounak Dasgupta)

    PERTH, Australia, Dec. 21, 2021 (GLOBE NEWSWIRE) — Wyloo Metals Pty Ltd (“Wyloo Metals”) has reached an agreement with the Board of Directors of Noront Resources Ltd. (TSXV: NOT, “Noront”), which has unanimously determined that the Wyloo Metals offer (the “Revised Wyloo Offer”) is superior to the offer previously made by BHP Western Mining Resources International Pty Ltd (“BHP”).

    Pursuant to a statutory Plan of Arrangement under the Business Corporation Act (Ontario), each Noront shareholder will be given the option of (i) continuing to participate in Noront’s unrealized potential by remaining as a shareholder, and (ii) accepting cash consideration of Cdn$1.10 per share for some or all of their shares.

    Commenting on the Revised Wyloo Offer, Head of Wyloo Metals Luca Giacovazzi said he’s excited to invite shareholders to join Wyloo Metals in revitalising Noront under the leadership of a world-class Board of Directors led by Dr. Andrew Forrest AO, who led Fortescue Metals Group from a junior mining exploration company to one of the world’s largest mining companies with a market capitalisation of approximately A$60 billion.

    “This is an exciting time to be an investor in future facing metal projects. Battery and hydrogen technologies are unleashing the full potential of renewable energy and the supply of critical metals simply isn’t keeping up. This is the greatest shift in the global economy since the industrial revolution.

    The Ring of Fire is home to expansive deposits of these metals, making this a once-in-a-generation opportunity to be part of the green revolution. Working hand-in-hand with First Nation and regional partners, we’ll develop the Ring of Fire into one of Ontario’s great mineral districts that will be pivotal in the world’s transition to a lower carbon future.”

    Luca Giacovazzi, Head of Wyloo Metals

    KEY BENEFITS OF WYLOO METALS’ OFFER

    True optionality for Noront shareholders

    Rather than forcing an all-or-nothing outcome upon Noront shareholders, the Revised Wyloo Offer is a flexible proposal that allows shareholders to elect their preferred level of retained exposure to the immense future value of the Ring of Fire, while also providing an option to crystallize immediate cash value.

    A superior offer price

    Consideration of Cdn$1.10 in cash per share represents a 47% premium to the BHP offer of Cdn$0.75 in cash per share.

    Greater deal certainty

    Noront shareholders holding an aggregate of 10.3% of Noront’s common shares on a fully diluted basis, including certain Noront directors and senior management, will enter into lock-up agreements under which they agree to vote in support of the Plan of Arrangement. Together with Wyloo Metals, holders of 45.7% of Noront’s common shares on a fully diluted basis are supportive of the Revised Wyloo Offer.

    Wyloo Metals does not intend to support any alternate offers for Noront. Without the support of Wyloo Metals’ 37.2% direct interest in Noront, a competing plan of arrangement cannot be successful, and a competing take-over bid will be unlikely to meet any minimum tender condition.

    A world-class Board of Directors and re-energised strategy

    Noront will be revitalized under the leadership of a new Board of Directors, featuring some of the world’s most experienced mining leaders. Under the stewardship of the new Board of Directors, Noront will be developed in respectful consultation with First Nation communities and regional stakeholders, with an unrelenting focus on sustainable development and generating local economic opportunity.

    NEXT STEPS AND EXPECTED TIMING

    Noront shareholders do not need to take any action.

    The Wyloo Offer is subject to BHP’s right to match period of five business days. If BHP does not exercise its right to match, Wyloo Metals and Noront will immediately enter into an Arrangement Agreement.

    Following this, Noront shareholders will be provided with information in advance of a Special Meeting of Shareholders to vote on the Plan of Arrangement and subsequently make their elections regarding the transaction consideration.

    Completion of the Wyloo Offer, which will be subject to the terms and conditions of the Arrangement Agreement, is expected to occur in March/April 2022.

    ADVISORS

    Wyloo Metals has engaged Maxit Capital LP to act as its financial advisor and McCarthy Tétrault LLP to act as its legal advisor. Shorecrest Group has also been engaged to act as Wyloo Metals’ strategic communications advisor and proxy solicitation and information agent.

    MEDIA CONTACT:

    AURORA STRATEGY SPOKESPERSON:

    Andrew Bennett

    David Ellis

    M +61 427 782 503

    M 416 704 0937

    P +61 8 6460 4949

    P 416 704 0937

    E abennett@tattarang.com

    E davide@aurorastrategy.com

    ABOUT WYLOO METALS

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

    Wyloo Canada Holdings Pty Ltd (“Wyloo Canada”), a wholly owned subsidiary of Wyloo Metals, currently holds an aggregate of 208,434,427 common shares of Noront, representing approximately 37.2% of the outstanding common shares of Noront. Wyloo Canada also holds warrants (“Noront Warrants”) to acquire 1,774,664 common shares of Noront at an exercise price of Cdn$0.35 per share. If the Noront Warrants are also fully exercised, Wyloo Canada would hold 210,209,091 common shares of Noront, representing approximately 37.4% of the outstanding common shares of Noront on a partially diluted basis.

    DISCLAIMER

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

    • Noront Board of Directors unanimously determines improved Wyloo Metals Offer of C$1.10 per share to be a Superior Proposal

    • Improved Wyloo Offer of C$1.10 in cash per share represents a 358% premium to Noront's unaffected closing price on May 21, 2021 and a 47% premium to BHP's C$0.75 per share offer

    • BHP has five business days to match Wyloo Metals' offer

    TORONTO, Dec. 21, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. ("Noront" or the "Company") (TSXV: NOT) today announced it has settled an arrangement agreement (the "Arrangement Agreement") with Wyloo Metals Pty Ltd and Wyloo Canada Holdings Pty Ltd (together, "Wyloo Metals") under which Wyloo Metals has agreed to acquire up to all of the issued and outstanding common shares of Noront ("Common Shares") that it does not already own, directly or indirectly, for C$1.10 per Common Share by way of a statutory plan of arrangement under the Business Corporation Act (Ontario) (the "Wyloo Offer").

    Under the Arrangement Agreement, shareholders must make an election to sell (a "Sale Election") all or a portion of their Common Shares to Wyloo Metals in order to receive cash consideration of C$1.10 per Common Share. Shareholders who do not make a Sale Election will retain their Common Shares following the closing of the Transaction. Notwithstanding the foregoing, Wyloo Metals will have an option to acquire all of the Common Shares that it does not already own, directly or indirectly, for C$1.10 per Common Share – including those Common Shares not subject to a Sale Election – if less than 10% of the outstanding Common Shares are not subject to a Sale Election.

    The consideration of C$1.10 in cash per share under the Wyloo Offer represents an approximate 358% premium to the unaffected closing price of the Common Shares on May 21, 2021 and an approximate 47% premium to the cash offer of C$0.75 per Common Share (the "BHP Offer") made by BHP Western Mining Resources International Pty Ltd ("BHP").

    BHP Right to Match

    Pursuant to the terms of the support agreement among Noront, BHP and BHP Lonsdale Investments Pty Ltd (the "Support Agreement"), upon the Company making a determination that a superior proposal has been received, BHP has the right, but not the obligation, to offer to amend the terms of the BHP Offer. BHP has five business days from receiving notice of the superior proposal in accordance with the terms of the Support Agreement to negotiate with Noront, should BHP decide to do so, to amend the terms of the existing Support Agreement such that the Wyloo Offer is no longer considered by the Noront Board of Directors to be superior to the amended BHP offer.

    If BHP does not exercise its right to match within the period provided for in the Support Agreement and Noront terminates the Support Agreement, or the Support Agreement is otherwise terminated in accordance with its terms for any reason, then the Arrangement Agreement will be immediately entered into by the Company and Wyloo Metals.

    If the Arrangement Agreement is going to be entered into, Wyloo Metals has also agreed to provide a loan to Noront of up to C$29.38 million (the "Wyloo Loan") to finance, among other things, the termination payment of C$17.78 million payable to BHP upon the termination of the Support Agreement, as well as other transaction related costs. The term of the Wyloo Loan will be 12 months from completion of the Wyloo Metals transaction, with interest of 5% per annum payable quarterly in either cash or common shares of Noront, at the option of Noront and subject to receiving shareholder approval for the payment of interest in common shares of Noront, and subject to the approval of the TSX Venture Exchange.

    It is expected that, if the Support Agreement is terminated, certain Noront shareholders, including Noront directors and senior management, will enter into lock-up agreements under which they will agree to vote in support of the Wyloo Offer. Wyloo Metals currently holds approximately 37.2% of the outstanding Common Shares (on a basic basis).

    The terms of the Arrangement Agreement, if executed, will provide that Wyloo Metals will be entitled to a termination payment of C$26 million (equal to approximately 4% of the total equity value of the transaction based on 100% of Noront's fully diluted shares outstanding) if the Arrangement Agreement is terminated in certain circumstances. This termination payment will not be payable if BHP elects to match the Wyloo Offer and Noront and Wyloo Metals therefore do not enter into the Arrangement Agreement.

    There is no action for Noront shareholders to take today. If Noront enters into an Arrangement Agreement with Wyloo Metals, additional information will be provided to Noront shareholders in advance of a Special Meeting of Shareholders to vote on the plan of arrangement. The applicable materials will also be available on SEDAR (www.sedar.com) under Noront's issuer profile and on Noront's corporate website (www.norontresources.com).

    The entering into of the Wyloo Loan between Wyloo Metals and Noront, is considered to be a "related party transaction" for purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") as Wyloo Metals has beneficial ownership of, and control or direction over, directly or indirectly, securities of the Company carrying more than 20% of the voting rights attached to all of Noront's outstanding voting securities. The Company did not file the material change report more than 21 days before the expected completion of the Wyloo Loan as the details of the Wyloo Loan were not settled until shortly prior to the announcement of the Wyloo Loan. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. The Company is exempt from the formal valuation requirement in section 5.4 of MI 61-101 in reliance on section 5.5(b) of MI 61-101 as the Company is not listed on a specified market under MI 61-101. Additionally, the Company is exempt from minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on section 5.7(f) of MI 61-101.

    Advisors

    TD Securities Inc. is acting as financial advisor, Bennett Jones LLP is acting as legal counsel and Longview Communications & Public Affairs is acting as communications advisor to Noront.

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

    Contact Information

    Media Relations

    Investor Relations

    Ian Hamilton

    Greg Rieveley

    Tel: +1 (905) 399-6591

    Tel: +1 (416) 367-1444

    ihamilton@longviewcomms.ca

    greg.rieveley@norontresources.com

    Janice Mandel

    Tel: +1 (647) 300-3853

    janice.mandel@stringcom.com

    FORWARD LOOKING STATEMENTS

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

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

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

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

    (Reuters) – Canadian miner Noront Resources Ltd said on Tuesday that it had agreed to sell itself to Australian billionaire Andrew Forrest's Wyloo Metals, while giving BHP Group five business days to match the offer.

    Earlier this month, Noront's top shareholder, Wyloo, raised its offer for the remaining shares in the company to C$1.10 apiece, outbidding BHP Group by 35 cents. The new offer values the miner at C$616.9 million ($477.22 million) and is 57% higher than Wyloo's prior bid.

    Both suitors are vying for Noront's Eagle Nest nickel asset in Canada's so-called Ring of Fire, a high-grade deposit of the metal, as well as copper and palladium.

    BHP this month ended its talks with Wyloo regarding its support for the takeover of Noront as the two parties failed to reach an agreement.

    (Reporting by Arunima Kumar in Bengaluru; Editing by Anil D'Silva)

    Investment company Fidelity Hastings Street Trust (Current Portfolio) buys Universal Music Group NV, SAP SE, Glencore PLC, Salesforce.com Inc, Meta Platforms Inc, sells BHP Group, Siemens AG during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Fidelity Hastings Street Trust. As of 2021Q3, Fidelity Hastings Street Trust owns 90 stocks with a total value of $1.6 billion. These are the details of the buys and sells.

    • New Purchases: UMG, SAP, GLEN, CRM, PHG, BABA, FDX,

    • Added Positions: GE, WFC, XOM, BAC, FB, AAL, BA, FCX, SPG, HES, MAR, SYY, PNC, AIR, ABT, KDP, BMY, SO, BAYN, CI, NTDOY,

    • Reduced Positions: BHP, VIV, JPM, SIEGY, CAT, BUD, UNH, GM, PSX, VZ, ROK,

    For the details of Fidelity Mega Cap Stock Fund's stock buys and sells,go to https://www.gurufocus.com/guru/fidelity+mega+cap+stock+fund/current-portfolio/portfolio

    These are the top 5 holdings of Fidelity Mega Cap Stock Fund

  • General Electric Co (GE) – 1,142,904 shares, 7.33% of the total portfolio. Shares added by 8.49%

  • Microsoft Corp (MSFT) – 332,966 shares, 5.84% of the total portfolio.

  • Wells Fargo & Co (WFC) – 1,853,121 shares, 5.35% of the total portfolio. Shares added by 10.73%

  • Bank of America Corp (BAC) – 1,876,661 shares, 4.96% of the total portfolio. Shares added by 4.91%

  • Exxon Mobil Corp (XOM) – 1,312,487 shares, 4.80% of the total portfolio. Shares added by 8.23%

    • New Purchase: Universal Music Group NV (UMG)

    Fidelity Hastings Street Trust initiated holding in Universal Music Group NV. The purchase prices were between $23 and $25.1, with an estimated average price of $23.59. The stock is now traded at around $24.000000. The impact to a portfolio due to this purchase was 0.81%. The holding were 487,399 shares as of 2021-09-30.

    New Purchase: SAP SE (SAP)

    Fidelity Hastings Street Trust initiated holding in SAP SE. The purchase prices were between $135.04 and $150.2, with an estimated average price of $145.19. The stock is now traded at around $137.650000. The impact to a portfolio due to this purchase was 0.77%. The holding were 92,100 shares as of 2021-09-30.

    New Purchase: Glencore PLC (GLEN)

    Fidelity Hastings Street Trust initiated holding in Glencore PLC. The purchase prices were between $2.96 and $3.52, with an estimated average price of $3.25. The stock is now traded at around $3.584000. The impact to a portfolio due to this purchase was 0.23%. The holding were 770,300 shares as of 2021-09-30.

    New Purchase: Salesforce.com Inc (CRM)

    Fidelity Hastings Street Trust initiated holding in Salesforce.com Inc. The purchase prices were between $237.55 and $285.63, with an estimated average price of $254.07. The stock is now traded at around $253.120000. The impact to a portfolio due to this purchase was 0.22%. The holding were 12,800 shares as of 2021-09-30.

    New Purchase: Koninklijke Philips NV (PHG)

    Fidelity Hastings Street Trust initiated holding in Koninklijke Philips NV. The purchase prices were between $44.18 and $49.04, with an estimated average price of $46.08. The stock is now traded at around $34.520000. The impact to a portfolio due to this purchase was 0.17%. The holding were 60,900 shares as of 2021-09-30.

    New Purchase: Alibaba Group Holding Ltd (BABA)

    Fidelity Hastings Street Trust initiated holding in Alibaba Group Holding Ltd. The purchase prices were between $145.08 and $221.87, with an estimated average price of $182.3. The stock is now traded at around $120.250000. The impact to a portfolio due to this purchase was 0.03%. The holding were 3,400 shares as of 2021-09-30.

    Added: Meta Platforms Inc (FB)

    Fidelity Hastings Street Trust added to a holding in Meta Platforms Inc by 40.61%. The purchase prices were between $336.95 and $382.18, with an estimated average price of $360.33. The stock is now traded at around $334.900000. The impact to a portfolio due to this purchase was 0.17%. The holding were 27,700 shares as of 2021-09-30.

    Added: Anglo American PLC (AAL)

    Fidelity Hastings Street Trust added to a holding in Anglo American PLC by 20.29%. The purchase prices were between $24.71 and $34.44, with an estimated average price of $29.97. The stock is now traded at around $28.470000. The impact to a portfolio due to this purchase was 0.13%. The holding were 363,359 shares as of 2021-09-30.

    Added: Marriott International Inc (MAR)

    Fidelity Hastings Street Trust added to a holding in Marriott International Inc by 53.85%. The purchase prices were between $130 and $154.32, with an estimated average price of $139.53. The stock is now traded at around $150.760000. The impact to a portfolio due to this purchase was 0.07%. The holding were 22,000 shares as of 2021-09-30.

    Added: Abbott Laboratories (ABT)

    Fidelity Hastings Street Trust added to a holding in Abbott Laboratories by 27.40%. The purchase prices were between $116.66 and $129.06, with an estimated average price of $122.86. The stock is now traded at around $136.090000. The impact to a portfolio due to this purchase was 0.04%. The holding were 26,500 shares as of 2021-09-30.

    Added: Southern Co (SO)

    Fidelity Hastings Street Trust added to a holding in Southern Co by 36.73%. The purchase prices were between $61.34 and $67.32, with an estimated average price of $64.37. The stock is now traded at around $67.550000. The impact to a portfolio due to this purchase was 0.02%. The holding were 20,100 shares as of 2021-09-30.

    Reduced: BHP Group Ltd (BHP)

    Fidelity Hastings Street Trust reduced to a holding in BHP Group Ltd by 36.24%. The sale prices were between $52.56 and $80.24, with an estimated average price of $68.45. The stock is now traded at around $58.450000. The impact to a portfolio due to this sale was -0.49%. Fidelity Hastings Street Trust still held 188,570 shares as of 2021-09-30.

    Reduced: Siemens AG (SIEGY)

    Fidelity Hastings Street Trust reduced to a holding in Siemens AG by 35.74%. The sale prices were between $74.42 and $88.48, with an estimated average price of $82.05. The stock is now traded at around $84.750000. The impact to a portfolio due to this sale was -0.05%. Fidelity Hastings Street Trust still held 17,979 shares as of 2021-09-30.

    Here is the complete portfolio of Fidelity Mega Cap Stock Fund. Also check out:1. Fidelity Mega Cap Stock Fund's Undervalued Stocks2. Fidelity Mega Cap Stock Fund's Top Growth Companies, and3. Fidelity Mega Cap Stock Fund's High Yield stocks4. Stocks that Fidelity Mega Cap Stock Fund keeps buyingThis article first appeared on GuruFocus.

    The merger between BHP Group's BHP petroleum arm and Woodside Petroleum Ltd (Woodside) has been approved by Australia's competition regulator, per a Reuters report. This clearance marks an important step toward the completion of the $28 billion merger, which will create a global top 10 independent oil and gas producer.Given that the merger would combine two of the four largest domestic natural gas suppliers in Western Australia, it necessitated a close review on whether any competition concerns might emerge. After assessing the supply of domestic natural gas in Western Australia, ACCC announced that the merger will not reduce competition in the domestic gas market. It is worth mentioning that Woodside will have a 20% share in the market. It is expected to encounter adequate competition from a range of suppliers of domestic gas — both big and small.BHP had announced the merger of its Petroleum business with Woodside on Aug 17. In November, BHP and Woodside signed a binding share sale agreement to merge their respective oil and gas portfolios. Woodside will acquire the entire share capital of BHP Petroleum International Pty Ltd (BHP Petroleum) in exchange for new Woodside shares.On completion of the merger, Woodside will issue new shares expected to comprise approximately 48% of all Woodside shares as consideration for the buyout of BHP Petroleum. Woodside plans to put the agreed $28 billion merger to a vote in the second quarter of 2022.If completed, the merger will create a global top 10 independent energy company by production and the largest energy company listed on the Australian Securities Exchange. The combined business will have a high-margin oil portfolio and long-life LNG assets. Estimated synergies of more than $400 million per annum are expected, via optimizing corporate processes and systems, leveraging combined capabilities and improving capital efficiency on future growth projects and exploration. The combined entity will have a strong growth profile with shared values and a focus on sustainable operations. It will have increased financial resilience, compared to BHP’s and Woodside’s standalone petroleum businesses.

    Image Source: Zacks Investment Research

    BHP’s shares have fallen 10.9% so far this year, compared with the industry’s decline of 8.2%.BHP’s share price has borne the brunt of the plunge in iron ore prices witnessed earlier this year. Iron ore demand had taken a hit on the intensified curbs on steel production in China that in turn impacted prices of the steel-making ingredient. However, iron ore prices have recently picked up on supply constraints and prospects of improving demand in China. China’s steel mills are anticipated to increase production as some companies completed crude steel output reduction targets. China’s property sector is also showing signs of improvement. This is likely to support iron ore prices. Copper prices have gained lately amid signs of an improvement in China’s real estate sector. This scenario bodes well for BHP.The company will gain on its ongoing efforts to make operations more efficient through smart technology adoption across the entire value chain and focus on lowering debt. Exit of the petroleum business, investment in growth projects and decision to unify its dual-listed structure will drive growth for the company as well.

    Zacks Rank & Key Picks

    BHP currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks from the basic materials space are AdvanSix Inc. ASIX, Celanese Corporation CE and The Chemours Company CC. While ASIX flaunts a Zacks Rank #1 (Strong Buy), CE and CC carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.AdvanSix has a projected earnings growth rate of 194.5% for the current year. The Zacks Consensus Estimate for earnings for the current year has been revised upward by 5.9% over the last 60 days.AdvanSix beat the Zacks Consensus Estimate for earnings in each of the trailing four quarters, the average being 46.9%. ASIX has rallied around 125% so far this year.Celanese has an expected earnings growth rate of 139.5% for the current year. The Zacks Consensus Estimate for current-year earnings has been revised upward by 8.7% in the past 60 days.Celanese beat the Zacks Consensus Estimate for earnings in each of the last four quarters, the average surprise being 12.7%. The stock has surged around 23% so far this year.Chemours has an expected earnings growth rate of 105.1% for the current year. The Zacks Consensus Estimate for earnings for the current year has been revised upward by 10% in the past 60 days.Chemours beat the Zacks Consensus Estimate for earnings in the last four quarters. The company has a trailing four-quarter earnings surprise of roughly 34.2%, on average. It has appreciated around 31.5% year to date.

    Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Celanese Corporation (CE) : Free Stock Analysis Report The Chemours Company (CC) : Free Stock Analysis Report AdvanSix (ASIX) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

    In this article, we are going to talk about our list of the 10 dividend stocks with over 11% yield. You can skip our detailed analysis about dividend investing and go directly to the 5 Dividend Stocks with over 11% Yield.

    A dividend payment is a percentage of the company's revenue distributed to shareholders, either as a congratulatory treat for good, stable times, or preemptive appeasement for bad times to prevent sell-offs. Historically, companies that pay out dividends have performed better than companies that don't. J.P. Morgan Asset Management released a report in 2013, which found that companies that initiated and grew their dividend payments between 1972 and 2012 generated annualized gains of 9.5% over these four decades. In contrast, companies that didn't offer any dividends returned a measly 1.6% over the same time frame. That is why a company with solid growth potential offering a high dividend yield is always on the radar of investors.

    Today, some of the most exciting dividend stocks with high yields include The Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), The Coca-Cola Company (NYSE:KO), Vale S.A. (NYSE:VALE), and BHP Group (NYSE:BHP), among others discussed in detail below.

    Photo by Nathan Dumlao on Unsplash

    Our Methodology

    We picked the top 10 dividend stocks with a dividend yield above 11%. All the companies in this list have a minimum market cap of $200 million and are based in the United States.

    With this context in mind, let's now take a look at our list of the 10 dividend stocks with over 11% yield.

    10 Dividend Stocks with over 11% Yield10. Sprague Resources LP (NYSE:SRLP)

    Number of Hedge Fund Holders: 1

    Dividend Yield: 12.63% (as of December 9)

    First up on our list of stocks with high dividend yields is Sprague Resources LP (NYSE:SRLP), a US-based firm that deals in the purchase, distribution, storage, and sale of refined products and natural gas. The company operates through its segments: Refined Products, Natural Gas, Materials Handling, and Other Operations.

    In the third quarter of 2021, 1 hedge fund reported owning shares in Sprague Resources LP (NYSE:SRLP), at a value of $334,000.

    In October, Sprague Resources LP (NYSE:SRLP) reported plans to cut its distribution by 35% in a bid to fund growth capital projects and to strengthen its balance sheet.

    Just like The Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), and The Coca-Cola Company (NYSE:KO), Vale S.A. (NYSE:VALE), and BHP Group (NYSE:BHP), Sprague Resources LP (NYSE:SRLP) is a top dividend stock for those looking to invest.

    9. USA Compression Partners, LP (NYSE:USAC)

    Number of Hedge Fund Holders: 2

    Dividend Yield: 13.95% (as of December 9)

    USA Compression Partners, LP (NYSE:USAC) offers compression services to independent producers and oil companies in the United States. The company also develops, operates, and maintains gas compression packages used by gas pipelines.

    2 hedge funds out of 867 tracked by Insider Monkey reported owning shares in USA Compression Partners, LP (NYSE:USAC), as of the third quarter.

    USA Compression Partners, LP (NYSE:USAC) offers a dividend yield of 13.95% as of December, with its management understood to be committed to this generous payout, even though a cyclical slowdown in the compressor business and a reliance on debt has put the company at risk of violating its debt agreements.

    8. Green Plains Partners LP (NASDAQ:GPP)

    Number of Hedge Fund Holders: 3

    Dividend Yield: 12.54% (as of December 9)

    Green Plains Partners LP (NASDAQ:GPP) offers fuel transportation and storage services in the United States, and currently offers a high dividend yield of 12.54%. 3 hedge funds out of 867 tracked by Insider Monkey disclosed ownership of stakes in Green Plains Partners LP (NASDAQ:GPP), with a combined value of $28.76 million. The same number of hedge funds reported owning shares in the company a quarter ago as well.

    Jeff Osher's No Street Capital is the top stakeholder of Green Plains Partners LP (NASDAQ:GPP) shares, holding 2.13 million shares with a combined value of $28.11 million. Green Plains Partners LP (NASDAQ:GPP) gained 60.45% in the last year, and 78.62% in the year to date, as of December 9. Earnings per share for the third quarter came in at $0.47, which was in-line with consensus estimates.

    The company has seen its distributions surge by more than 200% after recently refinancing its credit facility. Green Plains Partners LP (NASDAQ:GPP) covers these distribution payments using its ample free cash flow, although growth seems a bit optimistic given the almost negligent capital expenditure. The company's low leverage and strong liquidity makes its financial position very healthy and their distributions can be considered safe and sustainable.

    In addition to The Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), and The Coca-Cola Company (NYSE:KO), dividend investors are paying attention to Green Plains Partners LP (NASDAQ:GPP) .

    7. Icahn Enterprises L.P. (NASDAQ:IEP)

    Number of Hedge Fund Holders: 4

    Dividend Yield: 15.99% (as of December 9)

    With a yield of 15.99% as of December 9, Icahn Enterprises L.P. (NASDAQ:IEP) ranks 7th on our list of stocks with a very high dividend yield. As of the third quarter, 4 hedge funds out of 867 elite funds tracked by Insider Monkey reported ownership of stakes in Icahn Enterprises L.P. (NASDAQ:IEP). The combined value of these stakes stood at $12.38 billion. The same number of hedge funds reported owning stakes in the company a quarter ago, with a combined value of $13.11 billion.

    Icahn Enterprises L.P. (NASDAQ:IEP) is an industrial conglomerate with interests in automobiles, energy, food packaging, investment, and pharmaceuticals. Billionaire Carl Icahn is the top stakeholder in the company, with 247.10 million shares valued at $12.30 billion. The company was founded by Carl Icahn, who retains 95% of its stock.

    In October, Icahn Enterprises L.P. (NASDAQ:IEP) announced the sale of 100% of its equity in scrap metal processor PSC Metals to SA Recycling, for $290 million. This transaction is expected to close by the end of this year.

    6. Newtek Business Services Corp. (NASDAQ:NEWT)

    Number of Hedge Fund Holders: 5

    Dividend Yield: 14.15% (as of December 9)

    Newtek Business Services Corp. (NASDAQ:NEWT) offers business and financial services to small and medium-sized companies in the United States.

    Out of 867 hedge funds tracked by Insider Monkey, 5 hedge funds reported owning positions in Newtek Business Services Corp. (NASDAQ:NEWT), with a combined value of $7.82 million. This shows a bullish trend from last quarter where 4 hedge funds held $7.2 million worth of stakes in the company.

    In addition to The Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), and The Coca-Cola Company (NYSE:KO), Vale S.A. (NYSE:VALE), and BHP Group (NYSE:BHP), Newtek Business Services Corp. (NASDAQ:NEWT) is an exciting dividend stock on the radar of investors.

    Click to continue reading and see 5 Dividend Stocks with over 11% Yield.

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    Disclosure: None. 10 Dividend Stocks with over 11% Yield is originally published on Insider Monkey.

    Rating Action: Moody's affirms Woodside's Baa1 ratings; outlook remains negativeGlobal Credit Research – 15 Dec 2021Sydney, December 15, 2021 — Moody's Investors Service ("Moody's") has affirmed the Baa1 issuer rating of Woodside Petroleum Ltd. At the same time Moody's also affirmed the (P)Baa1 rating on the backed senior unsecured medium-term note (MTN) program and Baa1 backed senior unsecured ratings of Woodside Finance Limited. The outlook is negative."IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. SUCH USE WOULD BE RECKLESS AND INAPPROPRIATE. SEE FULL DISCLAIMERS BELOW."RATINGS RATIONALEThe affirmation of Woodside's ratings and the negative outlook reflect Moody's expectation that the company's standalone credit profile and credit metrics will weaken from the significant spending and execution risks associated with the recently approved Pluto-Scarborough LNG growth project.Until a successful merger with BHP's (BHP Group Limited, A2 stable) petroleum business completes, and/or further sell downs of project stakes occur, the negative outlook continues to reflect Moody's expectation for ongoing execution and funding risks associated with Woodside's expansion projects. Given the large scale and funding needs of these projects, Moody's expects that without the merger completing, or further reductions in Woodside's stake in its projects, that credit metrics would weaken to near, or below, the current rating tolerance thresholds during project development.However, the affirmation also considers the potential positive impacts from a successful merger, which would significantly increase the scale of Woodside's production and reserves, while materially improving diversity and providing substantial additional cash flow to fund growth. As such, based on Moody's current assumptions, the rating agency expects that the rating could be stabilized on successful completion of the merger.If the merger does not complete as planned, Woodside's credit profile could weaken further, in part, reflecting BHP's put option for its stake in the Scarborough upstream portion of the $12 billion Pluto-Scarborough LNG project. If the put is executed, Woodside would be required to purchase BHP's stake in the project for around $1.0 billion, which would add to Woodside's already significant funding needs for the project and increase its stake in the project without the additional cash flow that a successful merger would bring. Woodside could also be required to make additional payments to BHP, including reimbursement fees of around $160 million. Under this scenario, Moody's expects that credit metrics would weaken to below its tolerance levels for the rating and that the company's exposure to potential execution risks from the project would increase.However, Woodside is continuing to progress a potential reduction of its equity stake in the Scarborough upstream project and a sell down of its around 82% stake in its $4.6 billion (100% basis) Sangomar project in Senegal, both of which would bring in proceeds to help fund Woodside's large capital needs over the next several years. Selling down these stakes would also reduce the company's capital requirements for these projects and its exposure to potential execution risks.Woodside is progressing with the merger with BHP's petroleum division following the signing of a binding share sale agreement (SSA) in November 2021. Under the terms of the agreement, Woodside will acquire the entire share capital of BHP Petroleum International Pty Ltd (BHP Petroleum) in exchange for new Woodside shares. A successful merger with BHP Petroleum would be credit positive as it would approximately double production levels, materially increase reserves, broaden operational and geographic diversity, and allow the company to benefit from high margin production over the next several years, which would materially increase cash flow generation and support project development.At the same time as announcing the binding SSA for the merger, Woodside also sanctioned the $12 billion Pluto-Scarborough LNG project. The sanctioning of this project followed an equity stake sale to GIP for a 49% share of the downstream Pluto Train 2 LNG processing portion of the project for an $835 million accelerated capital contribution. The downstream portion of the project represents around $6.3 billion of the $12 billion total project cost on an 100% basis.The sell down of Woodside's share in Pluto Train 2 is in line with management's target to reduce its stakes in growth projects to help reduce funding needs and lessen exposure to execution risks associated with its growth ambitions. While Moody's sees the stake sale as supportive for Woodside's credit profile, the rating agency notes that under the terms of the agreement Woodside retains an increased exposure to cost overruns up to the level of the accelerated capital contribution paid by GIP. However, under these terms Woodside also retains the benefits if the project comes in under its expected budget.The Baa1 rating continues to reflect Woodside's large and diversified hydrocarbon reserve base and consistent production levels. Woodside's NWS LNG, Pluto LNG, Wheatstone LNG and domestic gas operations continue to benefit from long-term offtake contracts with primarily highly rated counterparties, which will underpin volumes and benefit from more stable pricing mechanisms that helps to provide some buffer to the volatility in oil and gas prices. Woodside also continues to benefit from low production costs across its operations. The company's low-cost position and stability from contracts is evident in its ability to generate peer leading EBITDA margins averaging around 75% for the last five years.The rating is balanced against Woodside's: (1) exposure to the cyclical hydrocarbon industry, which can lead to significant swings in earnings and cash flow; (2) concentration risk and the reliance on 3 LNG plants for the vast majority of revenue and earnings; (3) increasing carbon transition and regulatory risks facing upstream companies as the world moves towards cleaner energy, and; (4) the capital intensity of its current and future projects, including Scarborough-Pluto LNG, which will come with significant execution risks.OUTLOOKThe negative outlook reflects Moody's expectation that, without a successful completion of the merger or further equity reductions in its large growth projects, Woodside's credit metrics will be at weak levels for the rating, which could lead to a downgrade without other initiatives to improve its financial profile.ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) RISKSESG attributes have limited credit impact today but have the potential to pressure Woodside's ratings over time (CIS-3). Woodside has high environmental risk (E-4) exposure and high social risk (S-4) exposure partially mitigated by its conservative financial policies, solid governance practices and low production costs.Woodside will continue to face a high level of environmental and social risks largely driven by a high-risk exposure to carbon transition, as well as changing demographic and societal trends from the greater community focus and push by global governments to reduce carbon emissions and meet net zero pledges to limit climate change. However, Woodside's primarily gas production, with a significant exposure to LNG sold to Asia, where gas will play a key role in transition strategies, helps to mitigate this risk. Woodside also has a 2030 target to reduce scope 1 and 2 emissions by 30% and aspiration for net zero by 2050.The company has also recently guided that it targeting to spend around $5 billion on new energy projects by 2030. Woodside has several project opportunities it is considering with four potential projects expected to progress over the next several years focused on hydrogen, ammonia and solar.Governance risks are neutral-to-low (G-2) reflecting Woodside's conservative financial policies, good governance, and a successful track record of executing on large projects and meeting guidance. Woodside's conservative financial management is highlighted by its excellent liquidity levels, low gearing and conservative gearing target, as well as its track record of issuing equity and implementing dividend reinvestment programs to support credit metrics.LIQUIDITYMoody's considers Woodside's liquidity as excellent benefiting from around $3.0 billion of cash and around $3.0 billion of availability under committed credit facilities for June 2021.This combined with operating cash flow of around $2.7-3.0 billion under Moody's base case assumptions, will be more than adequate to cover cash uses which includes capital expenditures (net of sales proceeds) and dividends (net of DRP proceeds) of around $3.6-3.8 billion over the next 12 months.A successful merger would further improve Woodside's liquidity as it would add significant cash flow generation to support Woodside's funding needs for its large growth projects.FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGSGiven the negative outlook, a ratings upgrade is unlikely over the next 12-18 months reflecting our expectation for volatility in commodity prices and the increased funding requirements and execution risks stemming from the company's large project pipeline.Woodside's outlook could be stabilized if: 1) the merger is successfully completed as planned, or 2) the company executes on further reductions in its equity stakes in its large projects, such that credit metrics will be sustained at appropriate levels for the rating through project development. Specifically, the ratings could be stabilized if RCF/net debt remains above 35% on a sustained basis.Woodside's rating could be downgraded if: 1) oil prices remain low for a prolonged period such that there is a significant decline in earnings and operating cash flow; 2) the merger does not complete and there is not a corresponding reduction in equity stakes in major projects; the company pursues a more aggressive financial policy, which result in weaker credit metrics, and/or; 3) liquidity declines meaningfully.Specifically, credit metrics indicative of downward pressure include Woodside's RCF/net debt sustained below 35% and/or EBITDA/Interest expense falling below 6.0x.The principal methodology used in these ratings was Independent Exploration and Production published in August 2021 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1284973. Alternatively, please see the Rating Methodologies page on www.moodys.com for a copy of this methodology.BACKGROUNDWoodside Petroleum Ltd (Woodside) is an Australian independent exploration and production (E&P) company, with an annual production of around 100 million barrels of oil equivalent (boe), and proved and probable reserves of around 1.04 billion boe as of 31 December 2020.Woodside's operations produce LNG, crude oil, condensate, pipeline gas for domestic consumption and LPG. Woodside operates the significant NWS joint venture in the state of Western Australia. The project contributed 31 MMboe of LNG in 2020. The company also operates the Pluto LNG project, which contributed around 44 MMboe of LNG and has ownership stakes in the Wheatstone LNG project, which delivered around 15 MMboe for the year.REGULATORY DISCLOSURESFor further specification of Moody's key rating assumptions and sensitivity analysis, see the sections Methodology Assumptions and Sensitivity to Assumptions in the disclosure form. Moody's Rating Symbols and Definitions can be found at: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004.For ratings issued on a program, series, category/class of debt or security this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series, category/class of debt, security or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. For ratings issued on a support provider, this announcement provides certain regulatory disclosures in relation to the credit rating action on the support provider and in relation to each particular credit rating action for securities that derive their credit ratings from the support provider's credit rating. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com.For any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.The ratings have been disclosed to the rated entity or its designated agent(s) and issued with no amendment resulting from that disclosure.These ratings are solicited. Please refer to Moody's Policy for Designating and Assigning Unsolicited Credit Ratings available on its website www.moodys.com.Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review.Moody's general principles for assessing environmental, social and governance (ESG) risks in our credit analysis can be found at http://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1288235.The Global Scale Credit Rating on this Credit Rating Announcement was issued by one of Moody's affiliates outside the EU and is endorsed by Moody's Deutschland GmbH, An der Welle 5, Frankfurt am Main 60322, Germany, in accordance with Art.4 paragraph 3 of the Regulation (EC) No 1060/2009 on Credit Rating Agencies. Further information on the EU endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com.The Global Scale Credit Rating on this Credit Rating Announcement was issued by one of Moody's affiliates outside the UK and is endorsed by Moody's Investors Service Limited, One Canada Square, Canary Wharf, London E14 5FA under the law applicable to credit rating agencies in the UK. Further information on the UK endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com.Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating.Please see the ratings tab on the issuer/entity page on www.moodys.com for additional regulatory disclosures for each credit rating. Matthew Moore Senior Vice President Corporate Finance Group Moody's Investors Service Pty. Ltd. Level 10 1 O'Connell Street Sydney NSW 2000 Australia JOURNALISTS: 61 2 9270 8141 Client Service: 852 3551 3077 Patrick Winsbury Associate Managing Director Corporate Finance Group JOURNALISTS: 61 2 9270 8141 Client Service: 852 3551 3077 Releasing Office: Moody's Investors Service Pty. Ltd. Level 10 1 O'Connell Street Sydney NSW 2000 Australia JOURNALISTS: 61 2 9270 8141 Client Service: 852 3551 3077 © 2021 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved.CREDIT RATINGS ISSUED BY MOODY'S CREDIT RATINGS AFFILIATES ARE THEIR CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES, AND MATERIALS, PRODUCTS, SERVICES AND INFORMATION PUBLISHED BY MOODY’S (COLLECTIVELY, “PUBLICATIONS”) MAY INCLUDE SUCH CURRENT OPINIONS. MOODY’S DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT OR IMPAIRMENT. SEE APPLICABLE MOODY’S RATING SYMBOLS AND DEFINITIONS PUBLICATION FOR INFORMATION ON THE TYPES OF CONTRACTUAL FINANCIAL OBLIGATIONS ADDRESSED BY MOODY’S CREDIT RATINGS. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS, NON-CREDIT ASSESSMENTS (“ASSESSMENTS”), AND OTHER OPINIONS INCLUDED IN MOODY’S PUBLICATIONS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. MOODY’S PUBLICATIONS MAY ALSO INCLUDE QUANTITATIVE MODEL-BASED ESTIMATES OF CREDIT RISK AND RELATED OPINIONS OR COMMENTARY PUBLISHED BY MOODY’S ANALYTICS, INC. AND/OR ITS AFFILIATES. MOODY’S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT CONSTITUTE OR PROVIDE INVESTMENT OR FINANCIAL ADVICE, AND MOODY’S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT AND DO NOT PROVIDE RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. MOODY’S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. MOODY’S ISSUES ITS CREDIT RATINGS, ASSESSMENTS AND OTHER OPINIONS AND PUBLISHES ITS PUBLICATIONS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE, MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE.MOODY’S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY’S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER.ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY’S PRIOR WRITTEN CONSENT.MOODY’S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK.All information contained herein is obtained by MOODY’S from sources believed by it to be accurate and reliable. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided “AS IS” without warranty of any kind. MOODY'S adopts all necessary measures so that the information it uses in assigning a credit rating is of sufficient quality and from sources MOODY'S considers to be reliable including, when appropriate, independent third-party sources. However, MOODY’S is not an auditor and cannot in every instance independently verify or validate information received in the rating process or in preparing its Publications.To the extent permitted by law, MOODY’S and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability to any person or entity for any indirect, special, consequential, or incidental losses or damages whatsoever arising from or in connection with the information contained herein or the use of or inability to use any such information, even if MOODY’S or any of its directors, officers, employees, agents, representatives, licensors or suppliers is advised in advance of the possibility of such losses or damages, including but not limited to: (a) any loss of present or prospective profits or (b) any loss or damage arising where the relevant financial instrument is not the subject of a particular credit rating assigned by MOODY’S.To the extent permitted by law, MOODY’S and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability for any direct or compensatory losses or damages caused to any person or entity, including but not limited to by any negligence (but excluding fraud, willful misconduct or any other type of liability that, for the avoidance of doubt, by law cannot be excluded) on the part of, or any contingency within or beyond the control of, MOODY’S or any of its directors, officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with the information contained herein or the use of or inability to use any such information.NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY CREDIT RATING, ASSESSMENT, OTHER OPINION OR INFORMATION IS GIVEN OR MADE BY MOODY’S IN ANY FORM OR MANNER WHATSOEVER.Moody’s Investors Service, Inc., a wholly-owned credit rating agency subsidiary of Moody’s Corporation (“MCO”), hereby discloses that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by Moody’s Investors Service, Inc. have, prior to assignment of any credit rating, agreed to pay to Moody’s Investors Service, Inc. for credit ratings opinions and services rendered by it fees ranging from $1,000 to approximately $5,000,000. MCO and Moody’s Investors Service also maintain policies and procedures to address the independence of Moody’s Investors Service credit ratings and credit rating processes. Information regarding certain affiliations that may exist between directors of MCO and rated entities, and between entities who hold credit ratings from Moody’s Investors Service and have also publicly reported to the SEC an ownership interest in MCO of more than 5%, is posted annually at www.moodys.com under the heading “Investor Relations — Corporate Governance — Director and Shareholder Affiliation Policy.”Additional terms for Australia only: Any publication into Australia of this document is pursuant to the Australian Financial Services License of MOODY’S affiliate, Moody’s Investors Service Pty Limited ABN 61 003 399 657AFSL 336969 and/or Moody’s Analytics Australia Pty Ltd ABN 94 105 136 972 AFSL 383569 (as applicable). This document is intended to be provided only to “wholesale clients” within the meaning of section 761G of the Corporations Act 2001. By continuing to access this document from within Australia, you represent to MOODY’S that you are, or are accessing the document as a representative of, a “wholesale client” and that neither you nor the entity you represent will directly or indirectly disseminate this document or its contents to “retail clients” within the meaning of section 761G of the Corporations Act 2001. MOODY’S credit rating is an opinion as to the creditworthiness of a debt obligation of the issuer, not on the equity securities of the issuer or any form of security that is available to retail investors.Additional terms for Japan only: Moody's Japan K.K. (“MJKK”) is a wholly-owned credit rating agency subsidiary of Moody's Group Japan G.K., which is wholly-owned by Moody’s Overseas Holdings Inc., a wholly-owned subsidiary of MCO. Moody’s SF Japan K.K. (“MSFJ”) is a wholly-owned credit rating agency subsidiary of MJKK. MSFJ is not a Nationally Recognized Statistical Rating Organization (“NRSRO”). Therefore, credit ratings assigned by MSFJ are Non-NRSRO Credit Ratings. Non-NRSRO Credit Ratings are assigned by an entity that is not a NRSRO and, consequently, the rated obligation will not qualify for certain types of treatment under U.S. laws. MJKK and MSFJ are credit rating agencies registered with the Japan Financial Services Agency and their registration numbers are FSA Commissioner (Ratings) No. 2 and 3 respectively.MJKK or MSFJ (as applicable) hereby disclose that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by MJKK or MSFJ (as applicable) have, prior to assignment of any credit rating, agreed to pay to MJKK or MSFJ (as applicable) for credit ratings opinions and services rendered by it fees ranging from JPY125,000 to approximately JPY550,000,000.MJKK and MSFJ also maintain policies and procedures to address Japanese regulatory requirements. ​

    Investment company VIP Growth and Income Portfolio (Current Portfolio) buys Universal Music Group NV, Vertiv Holdings Co, Tourmaline Oil Corp, Churchill Downs Inc, Keurig Dr Pepper Inc, sells BHP Group, British American Tobacco PLC, AmerisourceBergen Corp, AbbVie Inc, Harley-Davidson Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, VIP Growth and Income Portfolio. As of 2021Q3, VIP Growth and Income Portfolio owns 181 stocks with a total value of $1.9 billion. These are the details of the buys and sells.

    • New Purchases: UMG, VRT, TOU, GLEN, AAL, 4901, GFL, EPD, SUBC, PCAR,

    • Added Positions: CHDN, KDP, GE, WFC, SYY, XOM, PHG, LUN, BA, HES, SO, AYI, FCX, LW, CNQ, MAR, UCB, SPG, FM, AIR, EDEN, SWMA, LRCX, BMY, REL, CAH, CI, SPB, SAP, NDSN, CPA, DCI, DUK, FDX, IMO, ORI, NTDOY, MTB, CVE, HNI, ABT, FLS,

    • Reduced Positions: PSX, VZ, QCOM, CAT, CMCSA, JPM, UNH, VIV, IPG, JNJ, V, STT, MMM, HCSG, BUD, RDN, VNT, WHR, FIS, ATVI, PG, KOS, ALSN,

    • Sold Out: BHP, BTI, ABC, ABBV, HOG, UDG,

    For the details of VIP Growth and Income Portfolio's stock buys and sells,go to https://www.gurufocus.com/guru/vip+growth+and+income+portfolio/current-portfolio/portfolio

    These are the top 5 holdings of VIP Growth and Income Portfolio

  • Microsoft Corp (MSFT) – 446,218 shares, 6.62% of the total portfolio.

  • General Electric Co (GE) – 1,124,931 shares, 6.10% of the total portfolio. Shares added by 2.82%

  • Wells Fargo & Co (WFC) – 2,078,979 shares, 5.07% of the total portfolio. Shares added by 3.24%

  • Exxon Mobil Corp (XOM) – 1,485,100 shares, 4.59% of the total portfolio. Shares added by 3.66%

  • Bank of America Corp (BAC) – 1,689,712 shares, 3.77% of the total portfolio. Shares reduced by 0.94%

    • New Purchase: Universal Music Group NV (UMG)

    VIP Growth and Income Portfolio initiated holding in Universal Music Group NV. The purchase prices were between $23 and $25.1, with an estimated average price of $23.59. The stock is now traded at around $24.370000. The impact to a portfolio due to this purchase was 0.57%. The holding were 410,300 shares as of 2021-09-30.

    New Purchase: Vertiv Holdings Co (VRT)

    VIP Growth and Income Portfolio initiated holding in Vertiv Holdings Co. The purchase prices were between $23.55 and $28.59, with an estimated average price of $26.61. The stock is now traded at around $24.340000. The impact to a portfolio due to this purchase was 0.48%. The holding were 381,500 shares as of 2021-09-30.

    New Purchase: Tourmaline Oil Corp (TOU)

    VIP Growth and Income Portfolio initiated holding in Tourmaline Oil Corp. The purchase prices were between $29.95 and $44.25, with an estimated average price of $35.61. The stock is now traded at around $39.740000. The impact to a portfolio due to this purchase was 0.37%. The holding were 202,100 shares as of 2021-09-30.

    New Purchase: Glencore PLC (GLEN)

    VIP Growth and Income Portfolio initiated holding in Glencore PLC. The purchase prices were between $2.96 and $3.52, with an estimated average price of $3.25. The stock is now traded at around $3.670000. The impact to a portfolio due to this purchase was 0.17%. The holding were 687,900 shares as of 2021-09-30.

    New Purchase: Anglo American PLC (AAL)

    VIP Growth and Income Portfolio initiated holding in Anglo American PLC. The purchase prices were between $24.71 and $34.44, with an estimated average price of $29.97. The stock is now traded at around $28.980000. The impact to a portfolio due to this purchase was 0.14%. The holding were 77,957 shares as of 2021-09-30.

    New Purchase: FUJIFILM Holdings Corp (4901)

    VIP Growth and Income Portfolio initiated holding in FUJIFILM Holdings Corp. The purchase prices were between $7831 and $10015, with an estimated average price of $8692.3. The stock is now traded at around $8463.000000. The impact to a portfolio due to this purchase was 0.07%. The holding were 16,300 shares as of 2021-09-30.

    Added: Churchill Downs Inc (CHDN)

    VIP Growth and Income Portfolio added to a holding in Churchill Downs Inc by 240.00%. The purchase prices were between $177.29 and $243.18, with an estimated average price of $203.49. The stock is now traded at around $220.620000. The impact to a portfolio due to this purchase was 0.18%. The holding were 20,400 shares as of 2021-09-30.

    Added: Keurig Dr Pepper Inc (KDP)

    VIP Growth and Income Portfolio added to a holding in Keurig Dr Pepper Inc by 58.80%. The purchase prices were between $33.87 and $36.07, with an estimated average price of $34.97. The stock is now traded at around $35.060000. The impact to a portfolio due to this purchase was 0.17%. The holding were 249,800 shares as of 2021-09-30.

    Added: Sysco Corp (SYY)

    VIP Growth and Income Portfolio added to a holding in Sysco Corp by 25.19%. The purchase prices were between $70.47 and $81.66, with an estimated average price of $76.29. The stock is now traded at around $73.520000. The impact to a portfolio due to this purchase was 0.16%. The holding were 193,800 shares as of 2021-09-30.

    Added: Koninklijke Philips NV (PHG)

    VIP Growth and Income Portfolio added to a holding in Koninklijke Philips NV by 84.53%. The purchase prices were between $44.18 and $49.04, with an estimated average price of $46.08. The stock is now traded at around $34.570000. The impact to a portfolio due to this purchase was 0.15%. The holding were 135,782 shares as of 2021-09-30.

    Added: Lundin Mining Corp (LUN)

    VIP Growth and Income Portfolio added to a holding in Lundin Mining Corp by 9297.30%. The purchase prices were between $8.77 and $11.77, with an estimated average price of $10.47. The stock is now traded at around $10.900000. The impact to a portfolio due to this purchase was 0.13%. The holding were 347,700 shares as of 2021-09-30.

    Added: Southern Co (SO)

    VIP Growth and Income Portfolio added to a holding in Southern Co by 35.29%. The purchase prices were between $61.34 and $67.32, with an estimated average price of $64.37. The stock is now traded at around $65.970000. The impact to a portfolio due to this purchase was 0.1%. The holding were 122,300 shares as of 2021-09-30.

    Sold Out: BHP Group Ltd (BHP)

    VIP Growth and Income Portfolio sold out a holding in BHP Group Ltd. The sale prices were between $52.56 and $80.24, with an estimated average price of $68.45.

    Sold Out: British American Tobacco PLC (BTI)

    VIP Growth and Income Portfolio sold out a holding in British American Tobacco PLC. The sale prices were between $35.28 and $39.52, with an estimated average price of $37.57.

    Sold Out: AmerisourceBergen Corp (ABC)

    VIP Growth and Income Portfolio sold out a holding in AmerisourceBergen Corp. The sale prices were between $112.6 and $125.8, with an estimated average price of $120.16.

    Sold Out: AbbVie Inc (ABBV)

    VIP Growth and Income Portfolio sold out a holding in AbbVie Inc. The sale prices were between $106.4 and $120.78, with an estimated average price of $114.24.

    Sold Out: Harley-Davidson Inc (HOG)

    VIP Growth and Income Portfolio sold out a holding in Harley-Davidson Inc. The sale prices were between $36.61 and $46.99, with an estimated average price of $40.41.

    Sold Out: UDG Healthcare PLC (UDG)

    VIP Growth and Income Portfolio sold out a holding in UDG Healthcare PLC. The sale prices were between $10.68 and $10.79, with an estimated average price of $10.75.

    Here is the complete portfolio of VIP Growth and Income Portfolio. Also check out:1. VIP Growth and Income Portfolio's Undervalued Stocks2. VIP Growth and Income Portfolio's Top Growth Companies, and3. VIP Growth and Income Portfolio's High Yield stocks4. Stocks that VIP Growth and Income Portfolio keeps buyingThis article first appeared on GuruFocus.

    TORONTO, Dec. 14, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. ("Noront" or the "Company") (TSXV: NOT) announces that it has received a non-binding letter dated December 12, 2021, and related draft arrangement agreement and other ancillary transaction documents (collectively, the "Transaction Documents"), from Wyloo Metals Pty Ltd and Wyloo Canada Holdings Pty Ltd (together, "Wyloo Metals") in respect of the Updated Wyloo Proposal (as defined below).

    The Transaction Documents outline, among other things, the terms and conditions upon which Wyloo Metals would be prepared to acquire all of the common shares of Noront not already owned by Wyloo Metals for cash consideration of C1.10 per common share of the Company (the "Updated Wyloo Proposal"). The Updated Wyloo Proposal is subject to, among other things, negotiating and executing definitive Transaction Documents with Wyloo Metals.

    Noront and its advisors are reviewing the Transaction Documents, and the Noront Board and the Special Committee remain focused on fulfilling their fiduciary duties and surfacing maximum value for the shareholders of Noront. The Company intends to negotiate the Transaction Documents with Wyloo Metals directly and constructively, and will provide any further updates to the shareholders of Noront at the appropriate time.

    Advisors

    TD Securities Inc. is acting as financial advisor, Bennett Jones LLP is acting as legal counsel and Longview Communications & Public Affairs is acting as communications advisor to Noront.

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

    Contact Information

    Media Relations Ian Hamilton Tel: +1 (905) 399-6591 ihamilton@longviewcomms.ca

    Investor RelationsGreg RieveleyTel: +1 (416) 367-1444greg.rieveley@norontresources.com

    Janice Mandel Tel: +1 (647) 300-3853janice.mandel@stringcom.com

    FORWARD LOOKING STATEMENTS

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

    Although Noront believes that the expectations reflected in such forward-looking information and statements are reasonable, such information and statements involve risks and uncertainties, and undue reliance should not be placed on such information and statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs in respect of the Wyloo Proposal; the intentions of Wyloo Metals in respect of their holdings in the Company and a potential acquisition transaction involving Noront; the receipt of all required corporate, stock exchange and regulatory approvals to consummate a transaction; the ability of the Company to satisfy or waiver (or obtain a waiver) of all other conditions to completion of the transaction; and the ability to achieve its stated goals. Noront cautions that the foregoing list of material factors and assumptions is not exhaustive. Many of these assumptions are based on factors and events that are not within the control of Noront, and there is no assurance that they will prove correct. Consequently, there can be no assurance that the actual results or developments anticipated by Noront will be realized or, even if substantially realized, that they will have the expected consequences for, or effects on, Noront or its future results and performance.

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

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

    In this article, we discuss the 13 uranium stocks popular on Reddit. If you want to skip our detailed analysis of these stocks, go directly to the 5 Uranium Stocks Popular on Reddit.

    Interest in the use of uranium as an alternative to oil and natural gas in the generation of power, especially in the context of skyrocketing energy prices and a recent global climate summit, has soared in the past few months, driving a rally in the prices of uranium stocks that has been given a further boost by the interest of retail investors in uranium futures. Many uranium firms have registered double-digits share price growth in the past year as the Reddit crowd urges a buying spree, betting that uranium will be used to decarbonize the world along with renewables.

    Sprott Physical Uranium Trust Fund (OTC:SRUUF), a Canada-based fund, has been buying up uranium and presently holds 32.6 million pounds of uranium, roughly 76 percent of the sales made last year by the largest uranium firm in the world. According to S&P Global, a market intelligence firm, the uranium market has heated up to the point that uranium firms are proposing to finance a separate fund for physical uranium purchases. The global demand for the radioactive material is set to rise from 180 million pounds to 200 pounds by 2026.

    Even as confidence in the ability of nuclear energy to act as a viable alternative to fossil fuels improves, there are still lingering questions about the environmental impact of nuclear fuel and waste that could play a vital role in shaping uranium futures. However, as the world transitions away from oil and gas, the reliability of nuclear power, as opposed to renewable sources like water, wind, or solar, could sway the equation. Paul Goranson, the head of a uranium trade association, said in October this year that a physical uranium fund would push up the prices of the mineral.

    Investors who want to ride the rally in uranium prices along with Redditors should check out some of the top uranium stocks to buy now that include Cameco Corporation (NYSE:CCJ), NexGen Energy Ltd. (NYSE:NXE), Denison Mines Corp. (NYSE:DNN), Rio Tinto Group (NYSE:RIO), and BHP Group (NYSE:BHP), among others.

    Our Methodology

    These were selected based on the hype around the companies on different Reddit forums. The analyst ratings and business fundamentals of each stock are also discussed in a bid to weed out “meme stocks” and provide readers with some informed context for their investment choices. Hedge fund sentiment was included as a classifier as well.

    The hedge fund sentiment around each stock was calculated using the data of 867 hedge funds tracked by Insider Monkey.

    13 Uranium Stocks Popular on Reddit

    Image by Markus Distelrath from Pixabay

    Uranium Stocks Popular on Reddit13. Paladin Energy Limited (FRA:PUR.F)

    Number of Hedge Fund Holders: N/A

    Paladin Energy Limited (FRA:PUR.F) develops and operates uranium mines. It owns properties in Australia, Canada, and parts of Africa. One of the premier projects of the firm is the Langer Heinrich mine located in the Namib Desert of Namibia.

    Paladin Energy Limited (FRA:PUR.F) has a market cap of $1.5 billion and was founded in 1993. It is headquartered in Australia. Redditors have been pouring into the firm to ride the rally in uranium prices over the past few months.

    In June, Paladin Energy Limited (FRA:PUR.F) had announced that it would be selling a 65% stake in the Kayelekera mine to Hylea Metals, another Australian mining firm, in a deal worth around A$5 million.

    Just like Sprott Physical Uranium Trust Fund (OTC:SRUUF), Cameco Corporation (NYSE:CCJ), NexGen Energy Ltd. (NYSE:NXE), Denison Mines Corp. (NYSE:DNN), Rio Tinto Group (NYSE:RIO), and BHP Group (NYSE:BHP), Paladin Energy Limited (FRA:PUR.F) is one of the stocks attracting the attention of retail investors.

    12. Yellow Cake plc (LSE:YCA.L)

    Number of Hedge Fund Holders: N/A

    Yellow Cake plc (LSE:YCA.L) is a specialist firm working in the uranium sector. The company has interests in the purchase and holding of uranium oxide concentrates. It has a market cap of $790 million and was founded in 2018.

    The 52-week price range of Yellow Cake plc (LSE:YCA.L) stock lies between $1.8 and $5.6. The share price of the firm has jumped 41% in the past twelve months amid a broader rally in the prices of uranium stocks.

    Yellow Cake plc (LSE:YCA.L) recently revealed that it had agreed to sell and buy back uranium from NAC Kazatomprom JSC at a net cost of $6.6 million. NAC Kazatomprom JSC is a uranium firm that operates from Central Asia.

    11. JSC National Atomic Company Kazatomprom (IOB:KAP.IL)

    Number of Hedge Fund Holders: N/A

    JSC National Atomic Company Kazatomprom (IOB:KAP.IL) is the largest producer and seller of uranium in the world. It is based in Kazakhstan. Redditors have been piling into the stock in hopes of turning quick profits.

    In October, JSC National Atomic Company Kazatomprom (IOB:KAP.IL) announced that it had made a strategic investment worth $50 million Anu Energy OEIC, a fund that allows investors to trade shares in radioactive material with a billion-year-plus half-life.

    Mazhit Sharipov, the CEO of the firm, has said that the investment comes amid tightening supply of uranium that will drive benefits for shareholders. JSC National Atomic Company Kazatomprom (IOB:KAP.IL) supplied nearly 23% of the global uranium production last year.

    10. Uranium Royalty Corp. (NASDAQ:UROY)

    Number of Hedge Fund Holders: N/A

    Uranium Royalty Corp. (NASDAQ:UROY) is a pure-play uranium royalty firm. It is based in Canada and has a market cap of $332 million. The firm owns and manages uranium interests spread across the world.

    Uranium Royalty Corp. (NASDAQ:UROY) stock has rallied in the past few days after the company announced that it had agreed to purchase a bulk order of uranium from CGN Global Uranium, the largest nuclear operator in China.

    On October 20, investment advisory Canaccord raised the price target on Uranium Royalty Corp. (NASDAQ:UROY) stock to C$7.50 from C$7 and kept a Speculative Buy rating. Analyst Katie Lachapelle issued the ratings update.

    9. Lightbridge Corporation (NASDAQ:LTBR)

    Number of Hedge Fund Holders: 1

    Lightbridge Corporation (NASDAQ:LTBR) develops nuclear fuel technology. The stock recently climbed to a 52-week high of $14.60 amid interest from retail investors on Reddit and improved earnings results that saw losses narrow compared to the previous quarter.

    In early November, Lightbridge Corporation (NASDAQ:LTBR) announced that it had received a Notice of Allowance from patent authorities in the US regarding PWR, a metallic nuclear fuel assembly designed by the firm for Western-type pressurized water reactors.

    Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Schonfeld Strategic Advisors is a leading shareholder in Lightbridge Corporation (NASDAQ:LTBR) with 15,100 shares worth more than $73,000.

    8. Ur-Energy Inc. (NYSE:URG)

    Number of Hedge Fund Holders: 6

    Ur-Energy Inc. (NYSE:URG) explores and develops uranium mineral properties. The shares have climbed more than 122% in the past twelve months as prices soared due to the increase in demand with governments realizing the energy potential of uranium in a carbon-free world.

    Alliance Global Partners analyst Jake Sekelsky recently reiterated a Buy rating on Ur-Energy Inc. (NYSE:URG) stock and raised the price target to $2.50 from $2.20, noting the firm was well-positioned to become a domestic producer of uranium.

    At the end of the third quarter of 2021, 6 hedge funds in the database of Insider Monkey held stakes worth $14 million in Ur-Energy Inc. (NYSE:URG), compared to 4 in the preceding quarter worth $8 million.

    7. Uranium Energy Corp. (NYSE:UEC)

    Number of Hedge Fund Holders: 12

    Uranium Energy Corp. (NYSE:UEC) extracts and processes uranium. Some of the projects that the firm has interests in include the Palangana mine, the Slick Rock project, the Reno Creek project, and the Diabase project, among others.

    On November 9, Uranium Energy Corp. (NYSE:UEC) stock jumped over 3% after the firm announced that it would be acquiring Uranium One Americas, a uranium mining firm, in a deal worth $131 million.

    At the end of the third quarter of 2021,12 hedge funds in the database of Insider Monkey held stakes worth $10 million in Uranium Energy Corp. (NYSE:UEC), compared to 14 in the previous quarter worth $9 million.

    6. Energy Fuels Inc. (NYSE:UUUU)

    Number of Hedge Fund Holders: 13

    Energy Fuels Inc. (NYSE:UUUU) engages in the uranium recovery business. The firm posted earnings for the third quarter in early November, reporting a revenue of $0.72 million, up 46% year-on-year and beating estimates by $0.02 million.

    Noble Capital analyst Michael Heim has an Outperform rating on Energy Fuels Inc. (NYSE:UUUU) stock with a price target of $9. The analyst expects the firm to benefit from the increase in uranium prices as global demand goes up without a significant increase in supply.

    Among the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Citadel Investment Group is a leading shareholder in Energy Fuels Inc. (NYSE:UUUU) with 388,825 shares worth more than $2.7 million.

    In addition to Cameco Corporation (NYSE:CCJ), NexGen Energy Ltd. (NYSE:NXE), Denison Mines Corp. (NYSE:DNN), Rio Tinto Group (NYSE:RIO), and BHP Group (NYSE:BHP), Energy Fuels Inc. (NYSE:UUUU) is one of the stocks on the radar of the Reddit crowd.

    Click to continue reading and see 5 Uranium Stocks Popular on Reddit.

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    Disclosure. None. 13 Uranium Stocks Popular on Reddit is originally published on Insider Monkey.

    (Updates with background; adds details on the offer)

    Dec 14 (Reuters) – Canadian miner Noront Resources Ltd said on Tuesday it plans to negotiate directly with Australian billionaire Andrew Forrest's Wyloo Metals on the company's raised buyout offer.

    Wyloo, Noront's top shareholder, increased its offer to C$1.10 a share on Monday, valuing the miner at C$616.9 million ($481.28 million), 57% higher than its prior bid and outmatching BHP Group's C$0.75 per-share offer.

    The move by Wyloo is the latest twist in the bidding war between the two miners from Australia for the supply of a key battery metal used in electric vehicles.

    Noront on Tuesday did not provide any update whether its board is changing its recommendation for the BHP's offer, but added that the company is reviewing Wyloo's proposal.

    BHP on Monday also ended talks with Wyloo regarding its support for the takeover of Noront as the two parties were unable to reach an agreement.

    At the heart of the tussle is Noront's Eagle Nest nickel asset in Canada's so-called Ring of Fire, a high-grade deposit of the metal, as well as copper and palladium.

    ($1 = 1.2818 Canadian dollars) (Reporting by Arunima Kumar in Bengaluru; Editing by Shailesh Kuber)

    LONDON (Reuters) – Miner BHP Group has completed a $30 million blockchain trade in copper concentrate with China Minmetals Corp, online platform MineHub said on Tuesday.

    The pilot transaction was the first cross-border shipment for copper concentrates using blockchain, MineHub said in a statement.

    "We’re planning another trial with an expanded scope in early 2022," BHP Chief Commercial Officer Vandita Pant said in an article on BHP's website.

    Blockchain is a digital ledger that forms the backbone of many cryptocurrencies such as bitcoin.

    In June 2020, BHP used MineHub for its first blockchain trade in iron ore with China Baoshan Iron & Steel Co Ltd.

    Commodity groups in recent years have been seeking to save money by digitising a sector that still uses millions of paper documents, faxes and emails, but progress has been slow.

    The settlement process for copper concentrates – partially processed ore – is complex, involving data moving between banks, logistics providers and government departments.

    The blockchain copper transaction also included carbon emissions data and metals assay results showing the various elements of the concentrate, MineHub Chief Executive Arnoud Busmann said.

    The destinations of the shipment, which was completed recently, were not disclosed, a spokesperson said.

    (Reporting by Eric Onstad; Editing by Jan Harvey)

    (Bloomberg) — Wyloo Metals Pty Ltd., owned by billionaire mining magnate Andrew Forrest, has boosted its offer to buy out Canadian nickel explorer Noront Resources Ltd., reigniting a battle with rival suitor BHP Group after talks broke down on a compromise deal.

    Most Read from Bloomberg

    Wyloo’s proposal at C$1.10 per share trumps BHP’s bid of C$0.75, which currently has the support of the Noront board. Earlier, BHP said it had been unable to win backing from Wyloo — already a major shareholder in the Canadian company — for its offer. Wyloo’s latest offer is nearly 60% above the C$0.70 per share proposal it made back in August.

    The revised offer “continues to provide those shareholders who believe in the long-term potential of Noront with the opportunity to participate in Noront’s continued growth by remaining as shareholders,” Wyloo said in a statement. Forrest’s company, which holds a 37.2% stake in Noront, said it was confident of being able to submit a formal offer given its terms “are clearly financially superior.”

    The deal values Noront at C$617 million ($430 million), according to Bloomberg calculations based on shares outstanding. It currently has a market capitalization of about C$409 million.

    BHP and Wyloo have been in a bidding war since August to gain access to Noront’s high-grade Canadian nickel deposits in a largely untapped region of northern Ontario dubbed the Ring of Fire.

    Mining heavyweights are racing to control more supplies of raw materials that are key to transitioning to low-carbon energy sources. Nickel is one of the key metals used in lithium-ion batteries for electric vehicles.

    Forrest, chairman and founder of iron ore producer Fortescue Metals Group Ltd., plans to lead a new board of directors at Noront if the takeover approach is successful.

    Wyloo said it would not support any alternative offers for Noront and, without its support, “a competing plan of arrangement cannot be successful.” BHP has previously said its offer doesn’t require the support of Wyloo to proceed.

    Wyloo has engaged Maxit Capital LP as its financial advisor.

    Most Read from Bloomberg Businessweek

    ©2021 Bloomberg L.P.

    * Wyloo raises offer to C$1.10 a share, 47% higher than BHP's

    * For now, Noront's board recommends BHP's offer

    * Wyloo is Noront's largest shareholder with 37.2% stake (Rewrites with Wyloo's improved offer)

    Dec 13 (Reuters) – Australian billionaire Andrew Forrest's Wyloo Metals on Monday raised its offer for Canadian nickel producer Noront Resources Ltd shortly after failing to come to an agreement to support a rival bid by BHP Group .

    Wyloo, Noront's top shareholder, increased its offer to C$1.10 a share, valuing the Canadian miner at C$616.9 million ($485.25 million), 57% higher than its prior bid and outmatching BHP's C$0.75 per-share offer.

    The move by Wyloo is the latest twist in the bidding war between the two miners from Australia for the supply of a key battery metal used in electric vehicles.

    With a stake of 37.2% in Noront, Wyloo said it does not intend on supporting any other offer and that "a competing take-over bid will be unlikely to meet any minimum tender condition."

    For now, BHP's offer has the support of the Noront board and requires minimum acceptances of 50%, it said.

    Following months of competing bids, Wyloo had been discussing about supporting the offer by BHP, the world's largest listed miner.

    At the heart of the tussle was Noront's Eagle Nest nickel asset in Canada's so-called Ring of Fire, a high-grade deposit of the metal, as well as copper and palladium.

    Noront and BHP did not immediately respond to requests for comment on Wyloo's sweetened offer.

    ($1 = 1.2713 Canadian dollars) (Reporting by Arundhati Dutta and Nikhil Kurian Nainan in Bengaluru; Editing by Diane Craft and Subhranshu Sahu)

    PERTH, Australia, Dec. 12, 2021 (GLOBE NEWSWIRE) — Wyloo Metals Pty Ltd (“Wyloo Metals”) has today provided the board of Noront Resources Ltd. (TSXV: NOT) (“Noront”) with a letter outlining a further improved offer to acquire up to 100% of the shares in Noront that it does not already own for Cdn$1.10 per share (the “Revised Wyloo Offer”). This is 47% above the Cdn$0.75 per share offered under the take-over bid for Noront proposed by BHP Western Mining Resources International Pty Ltd (“BHP”).

    The Revised Wyloo Offer is the only proposal to Noront shareholders that provides the following distinguishing features:

    • True optionality for Noront shareholders: Shareholders will be provided with an attractive option of (i) accepting cash consideration of Cdn$1.10 per share for some or all of their shares, and (ii) continuing to participate in Noront’s unrealized potential by remaining as a shareholder.

    • A superior offer price: The Revised Wyloo Offer represents a significantly superior price to that offered by BHP.

    • Greater deal certainty: Wyloo Metals does not intend to support any alternate offers for Noront. Without the support of Wyloo Metals’ 37.2% direct interest in Noront, a competing plan of arrangement cannot be successful, and a competing take-over bid will be unlikely to meet any minimum tender condition.

    • A world-class Board of Directors: Noront will be revitalized under the leadership of a new Board of Directors, led by Dr. Andrew Forrest AO.

    The transaction will be effected via a statutory Plan of Arrangement under the Business Corporation Act (Ontario).

    Importantly, the Revised Wyloo Offer continues to provide those shareholders who believe in the long-term potential of Noront with the opportunity to participate in Noront’s continued growth by remaining as shareholders.

    Update on discussions with BHP

    Following an extensive period of discussion, Wyloo Metals and BHP have been unable to agree terms upon which Wyloo Metals would support a BHP offer for Noront. As outlined above, the Revised Wyloo Offer will deliver a superior outcome for Noront shareholders in terms of optionality, price and deal certainty.

    Next steps

    Wyloo Metals is confident that, after considering the Revised Wyloo Offer, the Noront Board will agree that:

    • the terms of the Revised Wyloo Offer are clearly financially superior and also provide greater optionality to Noront’s shareholders than the take-over bid proposed by BHP;

    • the Revised Wyloo Offer has a greater certainty of success than the take-over bid proposed by BHP; and

    • the Revised Wyloo Offer would reasonably be expected to constitute a “Superior Proposal” under the terms of the support agreement between Noront and BHP.

    Wyloo Metals notes that its ability to formalize the Revised Wyloo Offer is subject to the Noront Board’s timely and good faith negotiation of an Arrangement Agreement in line with its fiduciary duties. Given Wyloo Metals and Noront recently agreed the form of such an Arrangement Agreement, Wyloo Metals believes that the Revised Wyloo Offer can be formalized on an expedited basis.

    ADVISORS

    Wyloo Metals has engaged Maxit Capital LP to act as its financial advisor and McCarthy Tétrault LLP to act as its legal advisor. Shorecrest Group has also been engaged to act as Wyloo Metals’ strategic communications advisor and proxy solicitation and information agent.

    MEDIA CONTACT:

    AURORA STRATEGY SPOKESPERSON:

    Andrew Bennett

    David Ellis

    M +61 427 782 503

    M 416 704 0937

    P +61 8 6460 4949

    P 416 704 0937

    E abennett@tattarang.com

    E davide@aurorastrategy.com

    ABOUT WYLOO METALS

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

    Wyloo Canada Holdings Pty Ltd (“Wyloo Canada”), a wholly owned subsidiary of Wyloo Metals, currently holds an aggregate of 208,434,427 common shares of Noront, representing approximately 37.2% of the outstanding common shares of Noront. Wyloo Canada also holds warrants (“Noront Warrants”) to acquire 1,774,664 common shares of Noront at an exercise price of Cdn$0.35 per share. If the Noront Warrants are also fully exercised, Wyloo Canada would hold 210,209,091 common shares of Noront, representing approximately 37.4% of the outstanding common shares of Noront on a partially diluted basis.

    DISCLAIMER

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

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

    (Bloomberg) — Wyloo Metals Pty Ltd., owned by billionaire mining magnate Andrew Forrest, has boosted its offer to buy out Canadian nickel explorer Noront Resources Ltd., reigniting a battle with rival suitor BHP Group after talks broke down on a compromise deal.

    Most Read from Bloomberg

    Wyloo’s proposal at C$1.10 per share trumps BHP’s bid of C$0.75, which currently has the support of the Noront board. Earlier, BHP said it had been unable to win backing from Wyloo — already a major shareholder in the Canadian company — for its offer. Wyloo’s latest offer is nearly 60% above the C$0.70 per share proposal it made back in August.

    Mining heavyweights are racing to control more supplies of raw materials that are key to transitioning to low-carbon energy sources, with nickel one of the key metals used in lithium-ion batteries for electric vehicles. BHP and Wyloo have been in a bidding war since August to gain access to Noront’s high-grade Canadian nickel deposits in a largely untapped region of northern Ontario dubbed the Ring of Fire.

    The revised offer “continues to provide those shareholders who believe in the long-term potential of Noront with the opportunity to participate in Noront’s continued growth by remaining as shareholders,” Wyloo said in a statement. Forrest’s company, which holds a stake of about 37% in Noront, said it was confident of being able to submit a formal offer given its terms “are clearly financially superior.”

    Wyloo said it would not support any alternative offers for Noront and, without its support, “a competing plan of arrangement cannot be successful.” BHP has previously said its offer doesn’t require the support of Wyloo to proceed.

    The deal values Noront at C$617 million ($430 million), according to Bloomberg calculations based on shares outstanding. It currently has a market capitalization of about C$409 million.

    Noront shares jumped as much as 52% to C$1.11 a share, the highest since November 2010.

    Forrest, chairman and founder of iron ore producer Fortescue Metals Group Ltd., plans to lead a new board of directors at Noront if the takeover approach is successful.

    Wyloo has engaged Maxit Capital LP as its financial advisor.

    (Updates with Noront share price in seventh paragraph.)

    Most Read from Bloomberg Businessweek

    ©2021 Bloomberg L.P.

    The 800+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of September 30th. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive review of these public filings is finally over, so this article is set to reveal the smart money sentiment towards Southern Copper Corporation (NYSE:SCCO).

    Southern Copper Corporation (NYSE:SCCO) shares haven't seen a lot of action during the third quarter. Overall, hedge fund sentiment was unchanged. The stock was in 23 hedge funds' portfolios at the end of the third quarter of 2021. Our calculations also showed that SCCO isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings). At the end of this article we will also compare SCCO to other stocks including Canadian Pacific Railway Limited (NYSE:CP), Newmont Corporation (NYSE:NEM), and Canadian Natural Resources Limited (NYSE:CNQ) to get a better sense of its popularity.

    Jim Simons of Renaissance Technologies

    At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, lithium prices have more than doubled over the past year, so we go through lists like the 10 best EV stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. Keeping this in mind we're going to analyze the latest hedge fund action surrounding Southern Copper Corporation (NYSE:SCCO).

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

    At the end of September, a total of 23 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 0% from the previous quarter. Below, you can check out the change in hedge fund sentiment towards SCCO over the last 25 quarters. With hedge funds' sentiment swirling, there exists an "upper tier" of notable hedge fund managers who were boosting their stakes substantially (or already accumulated large positions).

    Is SCCO A Good Stock To Buy?

    According to Insider Monkey's hedge fund database, Fisher Asset Management, managed by Ken Fisher, holds the biggest position in Southern Copper Corporation (NYSE:SCCO). Fisher Asset Management has a $203.1 million position in the stock, comprising 0.1% of its 13F portfolio. The second largest stake is held by Two Sigma Advisors, managed by John Overdeck and David Siegel, which holds a $38.3 million position; 0.1% of its 13F portfolio is allocated to the company. Some other hedge funds and institutional investors that hold long positions consist of Renaissance Technologies, D. E. Shaw's D E Shaw and Peter Rathjens, Bruce Clarke and John Campbell's Arrowstreet Capital. In terms of the portfolio weights assigned to each position Navellier & Associates allocated the biggest weight to Southern Copper Corporation (NYSE:SCCO), around 0.41% of its 13F portfolio. Hosking Partners is also relatively very bullish on the stock, designating 0.28 percent of its 13F equity portfolio to SCCO.

    Seeing as Southern Copper Corporation (NYSE:SCCO) has witnessed bearish sentiment from hedge fund managers, it's safe to say that there exists a select few funds who were dropping their entire stakes in the third quarter. At the top of the heap, Ray Dalio's Bridgewater Associates sold off the largest investment of the "upper crust" of funds monitored by Insider Monkey, worth an estimated $15 million in stock. Dmitry Balyasny's fund, Balyasny Asset Management, also dropped its stock, about $1 million worth. These moves are interesting, as total hedge fund interest stayed the same (this is a bearish signal in our experience).

    Let's also examine hedge fund activity in other stocks – not necessarily in the same industry as Southern Copper Corporation (NYSE:SCCO) but similarly valued. We will take a look at Canadian Pacific Railway Limited (NYSE:CP), Newmont Corporation (NYSE:NEM), Canadian Natural Resources Limited (NYSE:CNQ), National Grid plc (NYSE:NGG), Spotify Technology S.A. (NYSE:SPOT), Dow Inc. (NYSE:DOW), and Simon Property Group, Inc (NYSE:SPG). All of these stocks' market caps are similar to SCCO's market cap.

    [table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position CP,38,6638996,13 NEM,48,774451,-7 CNQ,27,956988,0 NGG,5,314057,-2 SPOT,48,3038733,0 DOW,42,747419,2 SPG,38,726426,1 Average,35.1,1885296,1 [/table]

    View table here if you experience formatting issues.

    As you can see these stocks had an average of 35.1 hedge funds with bullish positions and the average amount invested in these stocks was $1885 million. That figure was $403 million in SCCO's case. Newmont Corporation (NYSE:NEM) is the most popular stock in this table. On the other hand National Grid plc (NYSE:NGG) is the least popular one with only 5 bullish hedge fund positions. Southern Copper Corporation (NYSE:SCCO) is not the least popular stock in this group but hedge fund interest is still below average. Our overall hedge fund sentiment score for SCCO is 51.5. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. Our calculations showed that top 5 most popular stocks among hedge funds returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 31.1% in 2021 through December 9th and still beat the market by 5.1 percentage points. A small number of hedge funds were also right about betting on SCCO as the stock returned 10.7% since the end of the third quarter (through 12/9) and outperformed the market by an even larger margin.

    Get real-time email alerts: Follow Southern Copper Corp (NYSE:SCCO)

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

    Alphamin Resources' (CVE:AFM) stock is up by a considerable 22% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Alphamin Resources' ROE.

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

    View our latest analysis for Alphamin Resources

    How Is ROE Calculated?

    Return on equity can be calculated by using the formula:

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

    So, based on the above formula, the ROE for Alphamin Resources is:

    15% = US$36m ÷ US$245m (Based on the trailing twelve months to September 2021).

    The 'return' is the yearly profit. That means that for every CA$1 worth of shareholders' equity, the company generated CA$0.15 in profit.

    What Is The Relationship Between ROE And Earnings Growth?

    We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company’s earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don’t share these attributes.

    A Side By Side comparison of Alphamin Resources' Earnings Growth And 15% ROE

    To begin with, Alphamin Resources seems to have a respectable ROE. Further, the company's ROE is similar to the industry average of 15%. This certainly adds some context to Alphamin Resources' exceptional 57% net income growth seen over the past five years. We reckon that there could also be other factors at play here. Such as – high earnings retention or an efficient management in place.

    We then compared Alphamin Resources' net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 29% in the same period.

    past-earnings-growth

    Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Alphamin Resources''s valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.

    Is Alphamin Resources Using Its Retained Earnings Effectively?

    Given that Alphamin Resources doesn't pay any dividend to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business.

    Conclusion

    In total, we are pretty happy with Alphamin Resources' performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. Having said that, looking at the current analyst estimates, we found that the company's earnings are expected to gain momentum. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Investment company Penn Series Developed International Index Fund (Current Portfolio) buys Prosus NV, BHP Group, Universal Music Group NV, Sea, CapitaLand Investment, sells CapitaLand, Natixis SA, Berkeley Group Holdings (The) PLC, Bank of East Asia, during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Penn Series Developed International Index Fund. As of 2021Q3, Penn Series Developed International Index Fund owns 849 stocks with a total value of $108 million. These are the details of the buys and sells.

    • New Purchases: UMG, 9CI, 01308, EMBRAC B, VTSC,

    • Added Positions: PRX, AZN, BHP, SE, 6723, S32, 01113, NWG, ACA, NIBE B, ZAL, PUB, ACS, O39, C38U, AGN, LEG, NN,

    • Reduced Positions: NESN, NOVO B, 9984, ROG, MC, NOVN, 7203, ASML, CSL, CBA, NAB, WES, WPL, BARC, BDEV, BT.A, CPG, DGE, GSK, EXPN, HSBA, PRU, RIO, TSCO, WTB, BKG, LLOY, AV., ENEL, STLA, STLA, TRN, ADS, ALV, BAS, DAI, DBK, DB1, DPW, DTE, IFX, LXS, MRK, MUV2, RWE, SAP, SIE, SY1, DWNI, 00001, 00003, AI, CS, BNP, EN, AIR, EL, ENGI, GET, RMS, OR, ORP, RNO, SAN, SU, TEP, DG, RI, AKE, HOLN, SGSN, BARN, SCMN, STMN, ABBN, GEBN, ZURN, LONN, SAN, COLO B, DANSKE, SOF, SOLB, UMI, DSV, BBVA, NTGY, REP, TEF, REE, ENG, FER, KESKOB, ELISA, RDSB, AKZA, INGA, DSM, C6L, HEXA B, ERIC B, SKF B, SAND, VOLV B, ASSA B, SAMPO, F34, 4503, 5108, 7751, 4519, 8309, 7912, 1925, 6902, 4901, 7267, 4452, 2801, 2503, 6326, 8766, 8802, 8306, 8031, 8411, 6701, 9432, 8604, 9007, 1928, 3382, 6758, 4005, 7269, 4502, 4543, 9001, 9531, 9005, HEN3, CABK, VOW3, BVI, RBI, FP, 7974, 6988, 6273, 6981, STM, CFR, EDEN, AMS, 01299, AZJ, GLEN, SREN, DLG, 3283, CCH, KGX, VNA, WLN, 00288, AENA, EVO, CLNX, DHER, ADYEN, REN, KBX, COL, ALC, UNA, UNA, MQG, SSE, NG., NEM, ITX, 4507,

    • Sold Out: C31, KN, 00023, ILD,

    For the details of Penn Series Developed International Index Fund's stock buys and sells,go to https://www.gurufocus.com/guru/penn+series+developed+international+index+fund/current-portfolio/portfolio

    These are the top 5 holdings of Penn Series Developed International Index Fund

  • Nestle SA (NESN) – 18,503 shares, 2.07% of the total portfolio. Shares reduced by 1.67%

  • ASML Holding NV (ASML) – 2,705 shares, 1.87% of the total portfolio. Shares reduced by 1.24%

  • Roche Holding AG (ROG) – 4,510 shares, 1.53% of the total portfolio. Shares reduced by 1.68%

  • LVMH Moet Hennessy Louis Vuitton SE (MC) – 1,789 shares, 1.19% of the total portfolio. Shares reduced by 1.27%

  • Toyota Motor Corp (7203) – 68,340 shares, 1.13% of the total portfolio. Shares reduced by 1.44%

    • New Purchase: Universal Music Group NV (UMG)

    Penn Series Developed International Index Fund initiated holding in Universal Music Group NV. The purchase prices were between $23 and $25.1, with an estimated average price of $23.59. The stock is now traded at around $25.125000. The impact to a portfolio due to this purchase was 0.12%. The holding were 4,675 shares as of 2021-09-30.

    New Purchase: CapitaLand Investment Ltd (9CI)

    Penn Series Developed International Index Fund initiated holding in CapitaLand Investment Ltd. The purchase prices were between $2.95 and $3.53, with an estimated average price of $3.34. The stock is now traded at around $3.470000. The impact to a portfolio due to this purchase was 0.04%. The holding were 16,607 shares as of 2021-09-30.

    New Purchase: SITC International Holdings Co Ltd (01308)

    Penn Series Developed International Index Fund initiated holding in SITC International Holdings Co Ltd. The purchase prices were between $27.95 and $35.5, with an estimated average price of $32.15. The stock is now traded at around $30.950000. The impact to a portfolio due to this purchase was 0.03%. The holding were 9,000 shares as of 2021-09-30.

    New Purchase: Embracer Group AB (EMBRAC B)

    Penn Series Developed International Index Fund initiated holding in Embracer Group AB. The purchase prices were between $84.3 and $114.85, with an estimated average price of $101.69. The stock is now traded at around $94.120000. The impact to a portfolio due to this purchase was 0.03%. The holding were 3,546 shares as of 2021-09-30.

    New Purchase: Vitesco Technologies Group AG (VTSC)

    Penn Series Developed International Index Fund initiated holding in Vitesco Technologies Group AG. The purchase prices were between $51.7 and $64, with an estimated average price of $58.29. The stock is now traded at around $43.950000. The impact to a portfolio due to this purchase was 0.01%. The holding were 146 shares as of 2021-09-30.

    Added: Prosus NV (PRX)

    Penn Series Developed International Index Fund added to a holding in Prosus NV by 87.31%. The purchase prices were between $67.66 and $82.48, with an estimated average price of $74.45. The stock is now traded at around $72.170000. The impact to a portfolio due to this purchase was 0.21%. The holding were 6,009 shares as of 2021-09-30.

    Added: BHP Group Ltd (BHP)

    Penn Series Developed International Index Fund added to a holding in BHP Group Ltd by 38.16%. The purchase prices were between $36.39 and $54.06, with an estimated average price of $46.64. The stock is now traded at around $39.960000. The impact to a portfolio due to this purchase was 0.13%. The holding were 18,952 shares as of 2021-09-30.

    Added: Sea Ltd (SE)

    Penn Series Developed International Index Fund added to a holding in Sea Ltd by 300.00%. The purchase prices were between $267 and $353.36, with an estimated average price of $307.05. The stock is now traded at around $237.940000. The impact to a portfolio due to this purchase was 0.09%. The holding were 400 shares as of 2021-09-30.

    Added: South32 Ltd (S32)

    Penn Series Developed International Index Fund added to a holding in South32 Ltd by 126.86%. The purchase prices were between $2.78 and $3.53, with an estimated average price of $3.08. The stock is now traded at around $3.820000. The impact to a portfolio due to this purchase was 0.03%. The holding were 21,214 shares as of 2021-09-30.

    Added: Renesas Electronics Corp (6723)

    Penn Series Developed International Index Fund added to a holding in Renesas Electronics Corp by 50.00%. The purchase prices were between $1083 and $1452, with an estimated average price of $1232.4. The stock is now traded at around $1456.000000. The impact to a portfolio due to this purchase was 0.03%. The holding were 8,100 shares as of 2021-09-30.

    Added: CK Asset Holdings Ltd (01113)

    Penn Series Developed International Index Fund added to a holding in CK Asset Holdings Ltd by 73.00%. The purchase prices were between $41.85 and $55.1, with an estimated average price of $50.71. The stock is now traded at around $46.750000. The impact to a portfolio due to this purchase was 0.03%. The holding were 13,034 shares as of 2021-09-30.

    Sold Out: CapitaLand Ltd (C31)

    Penn Series Developed International Index Fund sold out a holding in CapitaLand Ltd. The sale prices were between $3.68 and $4.11, with an estimated average price of $3.98.

    Sold Out: Natixis SA (KN)

    Penn Series Developed International Index Fund sold out a holding in Natixis SA. The sale prices were between $4 and $4.01, with an estimated average price of $4.

    Sold Out: (ILD)

    Penn Series Developed International Index Fund sold out a holding in . The sale prices were between $113.05 and $182.5, with an estimated average price of $161.96.

    Sold Out: Bank of East Asia Ltd (00023)

    Penn Series Developed International Index Fund sold out a holding in Bank of East Asia Ltd. The sale prices were between $12.12 and $14.22, with an estimated average price of $13.

    Here is the complete portfolio of Penn Series Developed International Index Fund. Also check out:1. Penn Series Developed International Index Fund's Undervalued Stocks2. Penn Series Developed International Index Fund's Top Growth Companies, and3. Penn Series Developed International Index Fund's High Yield stocks4. Stocks that Penn Series Developed International Index Fund keeps buyingThis article first appeared on GuruFocus.

    Brisbane, Queensland, Australia–(Newsfile Corp. – November 30, 2021) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (FSE: 0GF) ("GMG" or the "Company") is pleased to provide an update regarding the patent status of the associated Graphene Aluminium-Ion Battery ("G+AI Battery") technology.

    GMG's partner, UniQuest Pty Limited ("UniQuest"), has filed a global patent application for the G+AI Battery under the Patent Corporation Treaty ("PCT") following an initial filing on November 25, 2020. The patent application is an important step in securing the intellectual property ("IP") and global commercialisation rights for the G+AI Battery technology that GMG has rights to develop and deploy.

    As reported on April 22nd 2021, GMG is developing G+AI Battery technology with the University of Queensland (or "UQ") and has entered into a licence agreement dated February 26, 2021 (the "Licence Agreement") with UniQuest Pty Limited ("UniQuest"), an entity which commercialises research work done by the University of Queensland. The Licence Agreement has a term of 20 years or longer, should patents remain in place in certain countries. Under the terms of the Licence Agreement, GMG will pay for certain patent costs as they arise and will pay Uniquest a minimum royalty on sales of G+AI Batteries.

    GMG CEO, Craig Nicol, commented: "This PCT application is another important milestone for GMG. Apart from securing the IP and global commercialisation rights, it also further cements our long-term partnership with the University of Queensland and Uniquest to develop the G+AI battery, which continues to progress well."

    As disclosed in GMG's prospectus dated March 31, 2021, GMG and the University of Queensland entered into a research agreement dated February 26, 2021 (the "Research Agreement"), pursuant to which both parties are working collaboratively with financial support from the Australian Government to progress research and development, and ultimately the commercialization of G+AI Batteries.

    Story continues

    About UniQuest

    UniQuest is the commercialisation company of the University of Queensland (UQ). Working at the interface between industry and UQ's researchers, UniQuest commercialises UQ's intellectual property in partnership with UQ researchers to create societal and economic impact. Established in 1984, UniQuest's commercialisation activities have placed UQ at the forefront of academic research translation in Australia.http://uniquest.com.au/

    About GMG

    GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company's proprietary process, GMG can produce high quality, low cost, scalable, 'tuneable' and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this and other sources of low input cost graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

    The Company is pursuing opportunities for GMG graphene enhanced products, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance and energy efficiency of engine oils, biodiesel and diesel fuels.

    For further information, please contact:- Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223- Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

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

    Cautionary Note Regarding Forward-Looking Statements

    This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding payments under the Licence Agreement, discussions of future plans and management's expectations and intentions with respect to the Research Agreement.

    These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the deployment of the Company's resources, including its personnel, and the intention of the Company to research, develop and produce certain products, the Company's success in obtaining all necessary approvals with regard to the patent application process, the creation of IP, and the Company's success in collaborating with UQ and UniQuest to develop its products and IP.

    In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company's ability to research, develop and test its products within anticipated timelines, the Company will be successful in obtaining all necessary approvals under the patent application process, the development and licencing of IP as anticipated, and the Company will be successful in collaborating with UQ and UniQuest to develop its products and IP.

    Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105801

    A number of companies have recently opted to scrap their dual listing structures in a bid to simplify and streamline their business.

    Royal Dutch Shell (RDSA.L) (RDSB.L) was the latest firm to announce an overhaul of its operations, revealing earlier this month that it will move its headquarters from the Netherlands to the UK.

    The oil giant has been registered in the Netherlands for tax purposes since 2005, but its origins as a dual company dates back to 1907 when Koninklijke Olie merged with Shell Transport and Trading.

    However, the company said that at the time it was not envisaged that the share structure would be permanent.

    In August, BHP Group (BHP.L) (BHP.AX), the world’s largest miner, also decided to ditch its 20-year old structure, uprooting its base in London for a full move to Sydney.

    The move meant an automatic trigger of BHP’s removal from the FTSE 100 (^FTSE) under UK stock market rules, although it will continue to have a standard listing on the London Stock Exchange.

    Read more: Travel and oil stocks hit as new Covid variant spooks markets

    In contrast, mining company Rio Tinto (RIO.L) said last week it had no plans to follow in the footsteps of its peers, calling the move a needless expense that would eradicate advantages for its shareholders. 

    It currently operates under a one-management, one-board structure.

    What is a dual-listed company?

    Many publicly-traded firms are listed on more than one stock exchange, however, dual-listed companies have two primary listings with two separate legal identities that function as one economic entity.

    Most take on a dual-listed structure to gain access to more capital and liquidity as it features in two or more stock markets.

    “Dual listings effectively require everything to be done twice and the bill has to be paid in both time and money,” Danni Hewson, financial analyst at AJ Bell, said. “A single listing is cleaner and leaner.”

    Story continues

    While there are pros and cons of dual listings, with the main criticism being complexity and cost, here are a few reasons why companies are getting rid of them:

    Improved performance

    One of the key things Shell highlighted in its announcement this month was that it aims to “strengthen its competitiveness” and “increase the speed and flexibility of capital and portfolio actions".

    The simplified structure to a single class of shares allows a company to boost shareholder payouts, creating a larger single pool of ordinary shares that can be bought back by the company.

    “The change to the share classes removes a disadvantage Shell had versus its peers,” Oswald Clint, analyst at brokerage firm Sanford C Bernstein, said.

    Watch: What is inflation and why is it important?

    “It will end the misalignment of two different tax and revenue authorities, removing friction and withholding tax issues around buybacks, while allowing them to increase materially.”

    Last year consumer goods giant Unilever (ULVR.L) said it too was getting rid of its Anglo-Dutch structure, which has been in place since 1930, in favour of a London base to provide “greater strategic flexibility”.

    It now has its primary stock market listing in London, with a secondary listing in the Netherlands and the US.

    Mergers and acquisitions

    Another benefit of having a single legal structure is allowing the firm to be more readily available for takeovers, mergers and demergers.

    According to analysts, dual structures can make stock-based acquisitions and corporate restructurings more difficult.

    A month ago, Wall Street activist Third Point revealed a $750m (£558m) stake in Shell. The investor, run by billionaire Dan Loeb, had previously called for the oil giant to split into multiple businesses to increase its value.

    Third Point accused Shell of having “an incoherent, conflicting set of strategies attempting to appease multiple interests but satisfying none”.

    Watch: Third point buys stake in Shell

    More and more big businesses are facing similar pressures to be simpler, to allow them to innovate and integrate.

    Peter O'Connor, of Shaw and Partners in Sydney, said: "The probability of Rio collapsing its dual share structure and moving it to a London listing is moving towards 100, having been at around 50 on the scale of probability for years."

    Ken MacKenzie, chairman of BHP, said the company would be simpler and more efficient, with greater flexibility to shape our portfolio for the future. 

    “Our plans will better enable BHP to pursue opportunities in new and existing markets and create value and returns over generations.”

    Read more: Unilever to ditch dual structure for single HQ in London

    Post-Brexit Britain

    A dual structure can bring some tax advantages, however, in Shell’s case while the Netherlands withholds a 15% tax on dividends for Dutch-domiciled companies, the UK does not.

    Under Shell’s dual class share system, holders of the “A” shares receive normal dividends and are subject to the tax.

    However payments for “B” shares are distributed through a “dividend access mechanism” that essentially sees them streamed through a trust registered on the Channel Island of Jersey, avoiding the Dutch withholding tax.

    The arrangement was approved by Dutch tax authorities in a confidential deal, although its legality under European Union law was doubted by some tax experts.

    Shell and Unilever had both previously lobbied for the Dutch to get rid of their dividend withholding tax. It was later revealed to be a "decisive" factor for Unilever when it decided to relocate to London.

    Watch: What are SPACs?

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