Proactive’s Post

Dive into the world of Lincoln Gold Mining Inc.’s advanced-stage #gold projects nestled in Nevada, USA. Private placement terms: https://lnkd.in/gk5tQDKc Who isn’t into near-term gold production with less than 14 mil shares issued & outstanding? ✨ #PrivatePlacement #InvestmentOpportunity #Investing #Investors #GoldMining

With the price of gold on the rise and Lincoln Gold Mining Inc.’s strategic acquisition of the Bell Mountain Project moving forward, I am confident in Lincoln's path to success. Anyone interested in this exciting journey towards near-term gold production, please feel free to reach out. #gold #investors #investments #financing #privateplacement #goldmine #goldmining

Arizona Gold & Silver inc. (TSXV: AZS) (OTCQB:AZASF) (“AZS” or the “Company) is pleased to announce that all resolutions as set out in the Company’s notice of meeting and information circular dated July 18, 2024 were passed at its annual general meeting held in Vancouver B.C. on August 22 2024 (the “AGM”). The shareholders approved all motions put forth at the AGM, including the re-election of the four directors, appointment of Smythe LLP as auditors of the Company and the approval of the Stock Option Plan. A total of 34,909,417 common shares of the Company’s issued and outstanding shares were represented in person or by proxy at the AGM. The following four incumbent directors were re-elected: Mike Stark Greg Hahn Eugene Spiering James Engdahl https://lnkd.in/g_rKivyQ #ArizonaGold #AZS #GoldMining #SilverMining #AGMResults #MiningNews #TSXV #OTCQB #StockOptionPlan #MiningIndustry #PreciousMetals #MiningExploration #VancouverBC #ShareholderMeeting #CorporateGovernance #NaturalResources #MiningInvestors #CompanyUpdates #MiningDiscovery #GoldAndSilver

Will Jefferies be the solution? The short: - Jefferies is actively working to navigate changes to Olive Downs’ shareholder register. - The groups’ engagement signals confidence in the project's financial and strategic viability. - Jefferies is capable of implementing financial structures, such as the continuation fund model, tailored to the needs of the resources sector. - The investment bankers are pivotal in attracting North American funds to the Olive Downs register and influencing global investment flows towards Australian mining ventures. https://bit.ly/3VCWjUx #PembrokeResources #OliveDowns #CokingCoal #MiningInnovation #SustainableMining #EconomicImpact #QueenslandMining #EnergyTransition Jefferies Pembroke Resources Denham Capital Management

September 9, 2024 – Element79 Gold Corp. (CSE: ELEM, OTC: ELMGF, FSE 7YS, the “Company” or “Element79 Gold”) is pleased to announce that it has entered into a definitive agreement to sell a 100% interest in the Elder Creek, North Mill Creek, and Elephant projects, all located in Lander County, Nevada, to 1472886 B.C. Ltd. (“1472886”), a private British Columbia-based company.   The transaction, which is a strategic decision by Element79 Gold to streamline its asset portfolio and focus on its core projects, involves the transfer of all rights and obligations, including historical data and core materials in the following properties: – Elder Creek Project: Six unpatented claims – North Mill Creek Project: Twenty-three unpatented claims – Elephant Project: One hundred ninety-seven unpatented claims   As part of the agreement, Element79 Gold Corp. will receive a non-refundable cash payment of USD 45,200 and an aggregate of 5,000,000 common shares of NEWCO at a deemed price of C$0.10 per share, for a total consideration of C$545,200. https://lnkd.in/gEijU6-F #Element79Gold #MiningDiscovery #GoldMining #NevadaMining #MiningProjects #ElderCreek #NorthMillCreek #ElephantProject #AssetSale #MiningDeals #GoldExploration #CSEStocks #OTCStocks #MiningNews #GoldInvesting #PreciousMetals #MiningIndustry #ExplorationNews #1472886BCLtd #LanderCounty #MiningTransactions

Will Jefferies be the solution? The short: - Jefferies is actively working to navigate changes to Olive Downs’ shareholder register. - The groups’ engagement signals confidence in the project's financial and strategic viability. - Jefferies is capable of implementing financial structures, such as the continuation fund model, tailored to the needs of the resources sector. - The investment bankers are pivotal in attracting North American funds to the Olive Downs register and influencing global investment flows towards Australian mining ventures. https://bit.ly/3VCWjUx #PembrokeResources #OliveDowns #CokingCoal #MiningInnovation #SustainableMining #EconomicImpact #QueenslandMining #EnergyTransition Jefferies Pembroke Resources Denham Capital Management

Executing on a core strategy to streamline its capital structure, Dundee Corporation (TSX: DC.A) announces its intention to commence a substantial issuer bid for up to $20,000,005 in value of its Series 3 Preferred Shares. "We believe this is an effective way to simplify our balance sheet, lower our overall cost of capital, and reduce our run-rate cash outflows, which benefits all classes of shareholders." - Lila Murphy, EVP & Chief Financial Officer. Please read the press release below for further details on our strategic business plan that focuses on capital allocation in the junior mining sector.   https://lnkd.in/gMU8dgS7 #juniormining; #shareholders; #streamlinesuccess; #capital; #businessstrategy

Shore Capital Markets analysts labelled Touchstone Exploration Inc. (AIM:TXP, TSX:TXP, OTC:PBEGF)’s expanded debt facility with an existing Trinidad-based lender “a very encouraging development”. Touchstone confirmed a binding term sheet with the lender to provide a US$13m increase in debt capacity as it kicks off the next phase of well drilling at the productive Cascadura field in Trinidad. “Our last detailed note highlighted this as a key near-term catalyst for investors to look forward to, with our 2024 cash flow forecasts indicating more than adequate headroom if debt facilities were increased as hoped,” wrote house broker Shore Cap. Analysts were also encouraged by Touchstone’s update on drilling operations, confirming that it has now spudded both the Cascadura-3 and CO-374 development wells. More at #Proactive #ProactiveInvestors #AIM #TSX #OTC #TXP #PBEGF #investor #debt http://ow.ly/uh36105kEOI

September 9, 2024 – Element79 Gold Corp. (CSE: ELEM, OTC: ELMGF, FSE 7YS, the “Company” or “Element79 Gold”) is pleased to announce that it has entered into a definitive agreement to sell a 100% interest in the Elder Creek, North Mill Creek, and Elephant projects, all located in Lander County, Nevada, to 1472886 B.C. Ltd. (“1472886”), a private British Columbia-based company.   The transaction, which is a strategic decision by Element79 Gold to streamline its asset portfolio and focus on its core projects, involves the transfer of all rights and obligations, including historical data and core materials in the following properties: – Elder Creek Project: Six unpatented claims – North Mill Creek Project: Twenty-three unpatented claims – Elephant Project: One hundred ninety-seven unpatented claims   As part of the agreement, Element79 Gold Corp. will receive a non-refundable cash payment of USD 45,200 and an aggregate of 5,000,000 common shares of NEWCO at a deemed price of C$0.10 per share, for a total consideration of C$545,200. https://lnkd.in/gEijU6-F #Element79Gold #MiningDiscovery #GoldMining #NevadaMining #MiningProjects #ElderCreek #NorthMillCreek #ElephantProject #AssetSale #MiningDeals #GoldExploration #CSEStocks #OTCStocks #MiningNews #GoldInvesting #PreciousMetals #MiningIndustry #ExplorationNews #1472886BCLtd #LanderCounty #MiningTransactions

Perenti is pleased to deliver record revenue and underlying financial performance for the first half of FY24. Throughout the period we have achieved several significant milestones including the delivery of record revenue of $1.6bn, record underlying EBITDA of $312.4m and record underlying EBIT(A) of $148.5m. Our statutory NPAT(A) $69.8m is also up from $44.0m in 1H23, attributed in part to a gain on the DDH1 acquisition. The completion of the DDH1 acquisition has not only been a strategic success but has delivered $5.2m of cash synergies, in line with expectations. Looking ahead, Perenti is on track to deliver the targeted DDH1 transaction cash synergies of $22m by FY25, as well as identify additional synergies. A strong second half will underpin free cash which is forecast to exceed $100m for FY24. Managing Director & CEO Mark Norwell commented on these results highlighting the exceptional work that has driven the record revenue and underlying financial performance for 1H24. "With the completion of the transformative acquisition of DDH1, Perenti is pleased to have welcomed the committed and highly capable DDH1 employees into the wider Group. Since 6 October 2023, integration activities are progressing extremely well, with strong cultural alignment, which has already established a sense of camaraderie within the newly created Drilling Services Division. "We are pleased with the consolidated operational and financial performance that was delivered during 1H24. One of the many benefits of our globally diversified business is that the overall performance of the Group is not leveraged to any one project, commodity, jurisdiction or business. We have nearly four decades of experience across a range of our service offerings and are confident that the fundamentals of our business are robust. With the acquisition of DDH1 complete and with cash generation an ongoing strategic priority. "The ongoing performance of our business is a credit to our 11,000 people across the organisation. The safety and wellbeing of our people remains our number one focus of our sustainability priorities as announced in 2023." For Perenti’s full half year financial results visit our Investor Centre https://bit.ly/3OPJwtH #miningindustry #mining #investorrelations #roi