Proactive’s Post

Consistency, reliability and trust…

Horizon Minerals LTD (ASX:HRZ) has boosted its balance sheet by A$2.93 million on selling 948,448 shares in Vox Royalty Corp (TSX-V:VOX) with the funds to advance its Western Australian #gold strategy. The company received the Vox common shares which were issued on November 24, 2023, in the name of Horizon Minerals and held in escrow for four months. Following the release from escrow, the block of Vox shares were sold on market via the Nasdaq and TSX exchange for an average price of US$2.077. This has returned gross proceeds of A$$2,927,918 (US$1,913,101 at 0.6534) before broker commission and US/Canada withholding tax for foreign source income (currently held in USD). The sale has resulted in Horizon further strengthening its balance sheet and the company now has a cash and investments position of $12.3 million which will support its objectives to move into gold production. More at #Proactive #ProactiveInvestors #ASX #HRZ #Mining #PreciousMetals http://ow.ly/nLKC105r6I8

Check out Battery Commodity’s interview with Golden Cariboo Resources Ltd CEO Frank Callaghan where they discuss our most recent private placement and plans for 2024. Newsfile Corp. BNN Bloomberg Yahoo Finance Bloomberg News CNBC Canadian Securities Exchange (CSE) The Junior Market Review YouTube https://lnkd.in/gdkzHK7w #goldmining #goldinvestment #privateplacement #bcmining #gold #capitalmarkets #youtube

We've issued a cash notice to Ultra Lithium Inc. for the full repayment of AUD $1,098,246 under a convertible loan agreement within 10 business days. Failure to pay within this timeframe will constitute a default under the CLA and will allow us to initiate enforcement actions to recover the Debt, including by enforcing the security interests held against Ultra Lithium’s Argentinian and Canadian mineral projects. Despite prior agreements and attempts outlined in a binding term sheet, we identified key matters of concern which, in conjunction with Ultra Lithium’s lack of substantive engagement in respect of the BTS transaction, had caused serious concerns as to whether the BTS transaction would complete. Read the full ASX Announcement here: https://lnkd.in/gH5_NZSv #PNN #PowerMinerals #ASX #ASXNews #lithium #MiningNews 

May 25th Pact one of the 10 points is to agree to exploit the natural resources - obviously the oil and gas - but the lithium and copper are in abundance too. $YPF has lithium. Not sure who the other players are what I like is 51% control of $YPF is to the benefit of the state's balance sheet and it would be good to have both $YPF value rise while they own it and also to return a dividend by having enough profit after infrastructure commitments through 2025 on pipelines to pay dividends quarterly as soon as possible. $USD to the public balance sheet would be a win for the people and shareholders of $YPF ADRs.

#Gold's notable run over the past few months shows no signs of slowing down. As inflation & correlated interests rates remain high, more investors are turning to #gold as a safe haven. Viva Gold Corp. (TSXV: VAU) (OTCQB: VAUCF) 's #Tonopah project has been full steam ahead in Nevada. With a target envisioned as being capable of producing 60,000 to 70,000 ounces of gold per year, #VAU serves as a promising investor looking for a low risk, rapid payback #preciousmetal company. Read about why investors are making the switch: https://loom.ly/LNUiak8

WHY Resources will initiate pilot plant testing in 2024, which will be followed by a feasibility study for the commercial plant. The key features of the plant include an advanced project with a robust PFS, a green preparatory process, multiple critical and strategic mineral products, exceptional market potential, and strong management and board. Download the project presentation for more details: https://loom.ly/qcgmFz8 #RetailStocks #PennyStocks #MiningInvestment #CapitalMarket #Resources #JuniorMining #MiningInfrastructure #InvestmentPresentation #TSX #TSXV #WHY #FSE #W0H #WestHighYield

Arras Minerals Corporation. (TSX-V: ARK) (OTCQB: ARKFF) (“Arras” or the “Company”) is pleased to announce that it has received approval for trading its common shares on the OTCQB Market (the “OTCQB”) under the symbol ARKFF effective July 18, 2024. The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “ARK”. Darren Klinck, President and Director commented: “Arras Minerals is pleased to upgrade our U.S listing to the OTCQB platform which should help further expand our U.S. shareholder profile and allow a broader group of investors to participate in gaining exposure to the Company’s extensive portfolio of copper-gold projects Kazakhstan.” The OTCQB, a U.S. market operated by OTC Markets Group in New York, is designed for developing and entrepreneurial companies in the United States and abroad. To be listed on the OTCQB, companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors improved visibility to enhance trading decisions. The OTCQB is recognized by the United States Securities and Exchange Commission as an established public market providing public information for analysis and value of securities and trading. https://lnkd.in/ghjfSwE9 #ArrasMinerals #ARKFF #TSXV #OTCQB #CopperGoldProjects #KazakhstanMining #USInvestors #MiningStocks #DarrenKlinck #MiningIndustry #ResourceExploration #TSXVentures #OTCMarkets #InvestmentOpportunity #MiningNews #ShareholderGrowth #StockMarket #PublicListing #MiningCompany #CopperGold

Glencore's acquisition of Teck Resources Limited' steelmaking coal business marks a significant milestone in the mining industry. With analysts from Jefferies, UBS, and Bank of America weighing in, the consensus is clear: Glencore is likely to retain its coal assets. This move, endorsed by CEO Gary Nagle, underscores Glencore's commitment to maximizing shareholder value through strategic operations. Despite environmental concerns, Glencore's increased coal production capacity positions it as a formidable player in the global coal market. As the industry watches closely, this acquisition sets the stage for Glencore's continued dominance. #Glencore #TeckResources #Jefferies #UBS #BankOfAmerica #GaryNagle #Mining #Coal #IndustryLeaders https://lnkd.in/g_jMracY

Terra Metals Limited (ASX: TM1) ("Terra" or "the Company") has seen its share price reach new highs following the announcement of a copper-PGE sulphide reef discovery at its flagship Dante project. On June 20, 2024, the share price surged by 135% after a significant company update. Terra Metals announced that it has successfully secured commitments from institutional and sophisticated investors to subscribe for 100 million new ordinary shares at AUD 0.06 per share, raising gross proceeds of AUD 6 million. Visit - https://lnkd.in/gjWrGMm8 #TerraMetals #PlatreefDiscovery #MiningNews #PGM #BaseMetals #ExplorationSuccess #MiningInnovation #StrategicFunding #GreenEconomy #MineralExploration #ResourceDevelopment #SustainableMining #InstitutionalPlacement, #SophisticatedInvestors, #100million