Steppe Gold Ltd’s Post

Steppe Gold Ltd (TSX:STGO, OTCQX:STPGF) has announced the acquisition of Boroo Gold LLC in an all-share transaction that is designed to create Mongolia's largest gold producer. As a result of the merger, Steppe’s production profile is forecast to rise to 90,000 ounces (oz) of gold per year – up from 30,000oz. Significantly, the combined company’s growth projections see production volumes reach some 160,000oz by 2026 and rise further to 200,000oz as Phase 2 of the ATO Gold project is delivered. The improved run-rate, meanwhile, is expected to bolster the company’s financing capabilities to support upcoming projects. #TSX #OTCQX #STGO #STPGF More at #Proactive #ProactiveInvestors http://ow.ly/jiO5105ajjE

Significant milestone for Horizon Minerals today, moving towards being the next gold producer in WA.

Mako Gold Ltd (ASX:MKG) MD Peter Ledwidge speaks with Proactive soon after announcing the company has secured binding commitments to raise $2 million through a placement at 1-cent per share. The raise was cornerstoned by Goldridge Resources Pty Ltd founders and shareholders. Mako has also entered into an exclusivity agreement with Goldridge with the intention to create a district-scale gold play with multi-million ounce potential and target in-country growth opportunities in the gold and battery metals space in Côte d'Ivoire. #ProactiveInvestors #MakoGold #ASX #Gold #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Transformational deal at Steppe Gold

Strategic investment in one of the most crucial steps of the mining process. #placement #investment #exploration #businessdevelopment

Ariana Resources plc has agreed to acquire an all-share merger with Rockover Holdings and dual-list on the Australian Stock Exchange. Currently, Ariana has a 2/1% stake in Rockover, which Rockover owns 100% of the 1.3Moz Dokwe gold project in Zimbabwe. Following the merger, Ariana shareholders will own around 62.5% of the enlarged company with Rockover shareholders having the remainder. On completion, the company will still be known as Ariana Resources. Kerim Sener, Ariana’s managing director, commented he was thrilled by the deal which adds an opportunity to acquire a major new gold development project and expands the miner beyond its well-established Turkish operations. "The planned addition of the c.1.3Moz Dokwe gold project to our portfolio as a wholly-owned asset marks a substantial step toward our stated aim of establishing a global resource base of approximately 5Moz by 2025*,” he added. More at #Proactive #ProactiveInvestors #ArianaResources http://ow.ly/Uehv105qMao

Steppe Gold Ltd.  TSX: STGO   OTCQX: STPGF ***BIG NEWS FROM MONGOLIA*** CONGRATULATIONS to Aneel Waraich and the rest of the team at Steppe Gold #proactiveinvestors #steppegoldlimited #tsx Steppe Gold Executive Vice President Aneel Waraich joined Steve Darling from Proactive to unveil a major development that propels the company to the forefront as Mongolia's premier gold producer. During the interview, Waraich disclosed that the company has successfully entered into a binding term sheet to acquire Boroo Gold LLC, a renowned gold producer boasting an impressive average gold production of over 60,000 ounces annually. Furthermore, Boroo Gold's anticipated mine life extends beyond 2030, cementing its status as a significant asset. Waraich went on to explain that this strategic acquisition positions Steppe Gold as the leading gold producer in Mongolia. The company now has a near-term production target of an astounding 200,000 ounces per annum, which includes the committed ATO Gold Mine Phase 2 Expansion. As a result of this move, Steppe Gold's production is set to experience a substantial increase, soaring from 30,000 to 90,000 ounces per annum once the Proposed Transaction is finalized. Additionally, the deal is expected to contribute to Steppe Gold's already impressive existing resource base of over 4,000,000 ounces AuEq, solidifying its position as a dominant player in the industry. #proactiveinvestors #steppegoldlimited #tsx #stgo #otcqx #stpgf #mining #gold #MongoliaMining #MiningIndustry #ResourceAcquisition #PreciousMetals #InvestmentOpportunity #EconomicGrowth #MiningNews #BoruAcquisition #MiningInAsia #SteppeGoldExpansion #GoldProduction #StrategicMove #MarketLeadership #AsiaInvestment #MiningInvestment #EVPInterview #GoldMarket #MiningExploration #MongolianAssets #FinancialNews #SteppeGoldGrowth #MiningDevelopments #HongKongListing#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews At a Glance Shares Issued (AS OF TODAY - 104,530,613 | Market Cap 68,990,000 Year High 1.28 | Year Low 0.60 | TODAY 0.67 Analyst Coverage: Stifel Financial Corp., Fundamental Research Corp., Haywood Securities Inc., Hannam & Partners For more information: Aneel Waraich EVP & Director aneel@steppegold.com

Emirates Gold enters new era with acquisition by Rockfire Resources plc Emirates Gold DMCC, the UAE’s pioneer in precious metals refining, today announced that Rockfire Resources plc, the gold, base metal and critical mineral exploration company is executing a conditional share purchase agreement with Paloma Precious DMCC for the acquisition of its entire refining and minting franchise. The acquisition and the ensuing integration are expected to cover all aspects related to Emirates Gold’s operations, ranging from sourcing, refining, minting, product distribution and market presence. In parallel with this acquisition, Emirates Gold is poised to undergo a comprehensive refresh of its strategic direction, with a deep commitment to leveraging pioneering technologies in minting, silver electro refining, establishing a global reach for products, diversifying product lines and adhering to the highest industry compliance standards. Simultaneously with this announcement, Emirates Gold introduces a key management change, prominently featuring the appointment of Daniele Provenzale as CEO. With an impressive track record spanning over three decades, Daniele brings a wealth of experience and expertise to steer the company toward its ambitious goals. Speaking about the acquisition, Provenzale said: “Our vision is to elevate Emirates Gold to a symbol of trust and integrity within the global precious metals refining and minting industry. A major step in this strategy has been to integrate with a company listed on the globally-respected London Stock Exchange, providing a high degree of governance and reliability. “The acquisition by Rockfire represents a strategic milestone for us, underscoring our dedication to reshaping the landscape of the precious metals sector. We are resolute in seizing fresh opportunities and guiding the industry toward an era marked by innovation and sustainability,” he added. “We deeply value our employees, suppliers, customers, and partners, and we enthusiastically anticipate a future rooted in steadfast values and responsible business practices.” Emirates Gold, with a legacy spanning over 30 years in Dubai, stands as one of the most influential gold refineries in the GCC region. The directors of Rockfire are embarking on an ambitious growth strategy through the acquisition of Emirates Gold, a respected, cash-generating and profitable company. The directors consider the transaction to represent a potentially transformational, value-enhancing transaction for its shareholders, which is expected to accelerate the company’s growth strategy. #EmiratesGold #RockfireResources #Acquisition #BusinessNews #MiningIndustry #Investment #MergersAndAcquisitions #ResourceExploration #GoldMining #strategicpartnerships

🔥👀 DEAL ALERT: Business Acquisition is much more than numbers on a paper. It’s an Art.💼🎨 👊💡 The secret ingredient is - OUTSMARTING the deal. It's the pragmatic way of turning obstacles into gold mines. YES, you heard it right, GOLD MINES!💰✨ Thrilled to share some insider's secrets on perfecting this Art 😲👇 1. 🎯Getting the right BATNA☝:

Our Initiation of Coverage on First Nordic Metals (TSXV: FNM | OTC: FNMCF) is out. It was created late last year with the merger of Barsele (developing the eponymous #gold project in #Sweden with Agnico Eagle Mines Limited) and Gold Line Resources, with its large exploration portfolio across Sweden and #Finland. The company is off to a strong start bringing the Finnish project fully on board, with Agnico becoming a major shareholder. Next steps might be something similar with the Barsele JV. In which case, FNM could become Agnico's proxy in Scandanavia. We look at the development & exploration projects, recent work on them, the potential to upgrade the Barsele resource and how the economics of Barsele might look in production. https://lnkd.in/gvKTPbVD