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RAB Capital Discloses Disposal of Investment in Black Iron Inc.

RAB Capital Holdings Limited, Eagles Trust Limited and RAB Special Situations (Master) Fund Limited all private investment holding corporation owned by Mr. William Philip Richards (collectively, the ” Reporter”) reports that, RAB Capital Holdings Limited disposed of 9,061,168 Common Shares for aggregate consideration of $1,536,808 from January 10, 2025, to May 14, 2025 of Black Iron Inc. (BKI:TSX) (“ Black Iron “) in the open market, at an average price of $0.1699 per common share (the ” Disposal “).

The Reporter now beneficially owns and controls 39,274,500 Black Iron shares (representing approximately 12.94% of the outstanding Shares on a non-diluted and partially-diluted basis). Prior to the Disposal, the Reporter beneficially owned 48,335,668 common shares of Black Iron representing approximately 15.93% of the outstanding Shares on a non-diluted and partially-diluted basis

The Black Iron shares were disposed of by the Reporter for investment purposes. The Reporter has a long-term view of the investment and may acquire additional securities of Black Iron, including on the open market or through private acquisitions, or sell securities of Black Iron, including on the open market or through private dispositions, in the future depending on market conditions, reformulation of plans and/or other relevant factors.

A copy of the early warning report with respect to the foregoing will appear on Black Iron‘s profile on SEDAR+ at www.sedarplus.ca and may also be obtained by contacting RAB Capital at + 44 (0) 20 7389 7000 (6 Kilmington Close, Brentwood, United Kingdom CM13 2JZ)

RAB Capital Holdings Limited

Andrew Knatchbull

Andrew Knatchbull
Finance Director
T: +44 2073897161
E: andrew.knatchbull@rabcap.com

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Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Precious Metals & Critical Minerals Hybrid Virtual Investor Conference. Individual investors, institutional investors, advisors, and analysts are invited to attend.

This in-person and virtual event will showcase live company presentations and interactive discussions featuring Precious Metals and Critical Minerals including Gold, Silver, Antimony, Copper, Lithium, Nickel, PGM, Rare Earth Elements, Uranium and Vanadium.   Company executives and industry experts will present live from the OTC Markets Group headquarters at 300 Vesey Street in New York City. All presentations will be broadcast to the Virtual Investor Conferences community. For those who are interested in attending, there are two ways to register:

Register for IN-PERSON attendance: register here

Register for ONLINE attendance: register here

For individuals joining online, it is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to attend and schedule 1×1 meetings with management.

“OTC Markets is proud to host the Precious Metals & Critical Minerals Hybrid Investor Conference , presented in collaboration with Murdock Capital, TAA Advisory LLC, The Prospector, and Resource World,” said John Viglotti , SVP of Corporate Services, Investor Access at OTC Markets Group. “We are especially honored to welcome our distinguished keynote speakers, Jeff Christian, Managing Partner at CPM Group, and Jack Lifton, Senior Advisor at Energy Fuels, Inc., whose insights will be invaluable to this premier industry event.”

May 22 nd

Eastern
Time (ET)
Presentation Ticker(s)
9:00 AM Keynote Presentation: “What’s next for precious metals?”
-Jeff Christian, Managing Partner of CPM Group
9:30 AM Viva Gold Corp. (OTCQB: VAUCF | TSXV: VAU)
10:00 AM StrikePoint Gold, Inc. (OTCQB: STKXF | TSXV: SKP)
10:45 AM Honey Badger Silver Inc. (OTCQB: HBEIF | TSXV: TUF)
11:15 AM Relevant Gold Corp. (OTCQB: RGCCF | TSXV: RGC)
12:30 PM Keynote Presentation: “Surveying the Critical Minerals Landscape,”
–Jack Lifton, Senior Advisor, Energy Fuels, Inc.
1:00 PM Azimut Exploration Inc. (OTCQX: AZMTF | TSXV: AZM)
1:30 PM Energy Fuels Inc. (NYSE American: UUUU | TSX: EFR)
2:00 PM Lion & Copper Gold Corp. (OTCQB: LCGMF | CSE: LEO)
2:45 PM Alaska Silver Corp. (Pink: WAMFF |TSXV: WAM)
3:15 PM Cygnus Metals Ltd. (OTCQB: CYGGF |TSXV: CYG)
3:45 PM Power Metallic Mines Inc. (OTCQB: PNPNF |TSXV: PNPN)

To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .

About Virtual Investor Conferences ®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Media Contact :
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com

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Rio Silver Receives Conditional Approval for Acquisition of Mamaniña Exploraciones S.A.C.

Rio Silver Inc. (the “Company”) (TSX.V: RYO) (OTC: RYOOF) announces that, further to its announcement on March 26, 2025, it has received from the TSX Venture Exchange (the “Exchange”) conditional acceptance (the “Conditional Approval”) of the proposed transaction (the “Transaction”) with Peruvian Metals Corp. for the acquisition of Mamaniña Exploraciones S.A.C.

The Company is working to satisfy the remaining conditions outlined in the Conditional Approval and will be making further announcements in respect thereof including without limitation the geological report prepared in accordance with National Instrument 43-101 and other items. The Transaction remains subject to the Exchange’s final acceptance.

There can be no assurances that the conditions under the Conditional Approval will be satisfied or that the Transaction will be completed as proposed or at all.

ON BEHALF OF THE BOARD OF DIRECTORS OF Rio Silver INC.

Chris Verrico

Director, President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information,

Christopher Verrico, President, CEO

Tel: (604) 762-4448

Email: chris.verrico@riosilverinc.com

Website: www.riosilverinc.com

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required by applicable laws.

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Canadian Gold Corp. Signs Definitive Agreement with Option to Acquire Tartan West Property from Hudbay Minerals Inc. Unlocking an Additional 8 km of the Tartan Shear Zone Where Historic Shallow Drilling Returned 44.2 gpt over 2.5 Metres, 68.9 gpt over 1.1 Metres, 60 gpt over 1.1 Metres and 595.2 gpt over 0.2 Metres

Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce that it has entered into an option agreement dated May 15, 2025 (the “Option Agreement”) with Hudbay Minerals Inc. (“Hudbay”) pursuant to which Hudbay has granted Canadian Gold an option to acquire 100% of the Tartan West property (the “Option”) that is immediately adjacent to the Company’s Tartan Mine (Fig. 1 & 2), near Flin Flon, Manitoba. This Option, if exercised, significantly expands the outlook for the Company as it looks to add additional high-grade gold resources into the future plan to restart the Tartan Mine.

Rationale For Entering into Option Agreement for the Tartan West Property

Exploration Potential:

  1. Expands potential ownership of the Tartan Shear Zone along strike to the west by 100%, from 8 to 16 kilometres (Fig. 1).
  1. Limited historic drilling returned high-grade, near surface gold results. Exploration in the area has been historically focused on the potential for volcanogenic massive sulphide (“VMS”) deposits, due to its proximity to the Flin Flon VMS mining camp.

    Contemporaneously with the discovery and operation of the Tartan Mine in the 1980’s, limited exploration for gold, including drilling, was conducted until 1989. The property has seen limited gold exploration since.

    Highlights of the historic drilling include high-grade results: 44.2 gpt gold over 2.5 metres(1), 68.9 gpt gold over 1.1 metres(2), 60.0 gpt over 1.1 metres(3) and 595.2 gpt over 0.2 metres(3). Additional drill assays returned results comparable to the Tartan Mine, including 11.6 gpt gold over 3.8 metres(1), 7.7 gpt gold over 4.4 metres(2), 6.4 gpt gold over 2.4 metres(2) and 12.9 gpt gold over 1.13 metres(2) (Fig. 2).

  1. High-grade gold surface samples, with no follow-up drilling, returned 118 gpt gold (4) and 53.5 gpt gold (4) (Fig. 2). Much of the project area remains underexplored, especially along the Tartan Shear Zone, which, to the east, hosts the Tartan Mine.

Potential to Leverage Future Infrastructure Investments Over an Expanded Resource Base, Delivering Enhanced Economies of Scale:

  1. Potential to build a single process facility at the Tartan Mine and source ore from multiple areas along the contiguous Tartan Shear Zone, reducing the capital needed on a per-ounce basis should a decision be made to restart production.
  1. Ability to access Tartan West mineralization in the future from current and planned Tartan Mine underground infrastructure.

“We are very excited to have been able to work with Hudbay to secure the Option to acquire the Tartan West property. The addition of the Tartan West property would double our land position over the Tartan Shear Zone from 8 to 16 km. We believe the addition of this property would significantly increase the scope and scale of exploration opportunities for the Company. In time, we believe that additional high-grade resources that may be present on this property could deliver significant operational synergies that will bolster the already compelling economics for the restart of the Tartan Mine.” – Michael Swistun, CFA, President & CEO of the Company.

Next Steps for Tartan West Project

The Company intends to begin the exploration work at the Tartan West property at the start of the 2025 field season. Initial work will consist of a detailed mapping, prospecting, and sampling program to evaluate and verify the historic high-grade surface showings, which will aid with prioritization of areas for additional work such as trenching, stripping and diamond drilling. The Option Agreement was structured in a way that allows the Company to complete a property-wide review to develop priority drill targets without incurring significant upfront costs.

Terms of the Option Agreement

Under the terms of the Option Agreement and subject to the approval of the TSX Venture Exchange, over a five-year period Canadian Gold will be required to (i) make the following cash and share payments to Hudbay and (ii) make the following work and exploration commitments outlined in Table 1 in order to exercise the Option. Upon exercise of the Option, Canadian Gold will hold a 100% interest in the Tartan West property and Hudbay will also be granted a 2.5% NSR on the Tartan West property. Under the terms of the Option Agreement, certain share payments listed below may be made in cash.

Table 1. Option Terms

Date Cash Payments Share Payments Work Commitments
Upon commencement of the earn-in period 185,185
1 Year Anniversary 555,555 C$100,000
Initial field work program
2 Year Anniversary 1,111,111 C$250,000
Advanced field work program
3 Year Anniversary C$150,000 1,296,296 C$800,000
Initial drill program
4 Year Anniversary C$325,000 3,148,148 C$1,500,000
Secondary drill program
5 Year Anniversary C$350,000 3,703,703 C$1,700,000
Third drill program

 

For Further Information, Please Contact:

Michael Swistun, CFA
President & CEO
Canadian Gold Corp.
(204) 232-1373
info@canadiangoldcorp.com

Qualified Person and QAQC

The scientific and technical information disclosed in this news release was reviewed and approved by Wesley Whymark, P. Geo., Consulting Geologist for the Company, and a Qualified Person as defined under National Instrument 43-101.

The Qualified Person has not completed sufficient work to verify the historical data for the Tartan West property, and it remains uncertain whether further exploration will define a mineral resource on the property. The Company has not independently verified the third-party data referenced and cannot guarantee its accuracy or completeness and investors should therefore use caution in placing reliance on such information. However, the Qualified Person believes that the historical drilling and analytical results referenced were completed to industry standard practices. Overall, the information highlights the exploration potential of the Tartan West property but may not reflect actual results.

Historical Exploration References

(1) Spooner, A.J., 1987. Tout Lake Joint Venture Diamond Drilling. Manitoba Mineral Assessment Report 71523. NTS REF. No. 63K-13SW
(2) Spooner, A.J., 1988. Tout Lake Joint Venture Diamond Drilling. Manitoba Mineral Assessment Report 81737. NTS REF. No. 63K-13SW
(3) Spooner, A.J., 1989. Tout Lake Joint Venture Diamond Drilling. Manitoba Mineral Assessment Report 72046. NTS REF. No. 63K-13SW

(4) Historical scanned paper maps on Company database

About Canadian Gold Corp.

Canadian Gold Corp. is a Canadian-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past producing Tartan Mine, located in Flin Flon, Manitoba. The historic Tartan Mine currently has a 2017 indicated mineral resource estimate of 240,000 oz gold (1,180,000 tonnes at 6.32 g/t gold) and an inferred estimate of 37,000 oz gold (240,000 tonnes at 4.89 g/t gold). The Company also holds a 100% interest in greenfields exploration properties in Ontario and Quebec adjacent to some of Canada’s largest gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) holds a 5.7% interest in Canadian Gold, and Robert McEwen, the founder and former CEO of Goldcorp, and Chairman and CEO of McEwen Mining, holds a 32.9% interest in Canadian Gold.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release of the Company contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Canadian Gold‘s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements including but not limited to the receipt of regulatory approval for the transactions contemplated by the Option Agreement and the exercise of the Option by the Company.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/3276/252366_8eb885fbb4ae0825_002.jpg

Figure 1. Location of the Tartan West Property.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3276/252366_8eb885fbb4ae0825_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/3276/252366_8eb885fbb4ae0825_003.jpg

Figure 2. Location of highlight historic gold occurrences on the Tartan West Property.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3276/252366_8eb885fbb4ae0825_003full.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252366

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Dealings in Securities by an Executive Director and Executive Officers of AngloGold Ashanti plc

AngloGold Ashanti plc (the “Company”) (NYSE: AU; JSE: ANG) announces that an Executive Director, Gillian Doran, and Executive Officers of the Company, Terry Briggs and Marcelo Godoy, have dealt in securities of the Company. A portion of the respective shares received have been sold to satisfy related taxes as detailed below.

Name of Executive Director

Gillian Doran

Name of Company

AngloGold Ashanti plc

Date of transaction

15 May 2025

Nature of transaction

Off-market receipt of vested shares under the 2023 Deferred Share Plans (DSP)

Class of security

Ordinary shares

Number of securities

22,325

Price per security

Nil

Nature and extent of interest

Direct, Beneficial

Name of Executive Director

Gillian Doran

Name of Company

AngloGold Ashanti plc

Date of transaction

15 May 2025

Nature of transaction

On-market sale of shares to fund tax liability in relation to DSP awards

Class of security

Ordinary shares

Number of securities sold

8,260

Price per security

US$40.3758 1

Value of transaction (excluding fees)

US$333,504.21

Nature and extent of interest

Direct, Beneficial

(1)

Weighted average price. These shares were sold in multiple transactions at prices ranging from US$40.3737 to US$40.3783 inclusive.

Name of Executive Officer

Terry Briggs

Name of Company

AngloGold Ashanti plc

Date of transaction

15 May 2025

Nature of transaction

Off-market receipt of vested shares under the 2023 Deferred Share Plans (DSP)

Class of security

Ordinary shares

Number of securities

25,514

Price per security

Nil

Nature and extent of interest

Direct, Beneficial

Name of Executive Officer

Terry Briggs

Name of Company

AngloGold Ashanti plc

Date of transaction

15 May 2025

Nature of transaction

On-market sale of vested DSP awards

Class of security

Ordinary shares

Number of securities sold

9,440

Price per security

US$40.3937 1

Value of transaction (excluding fees)

US$381,316.55

Nature and extent of interest

Direct, Beneficial

(1)

Weighted average price. These shares were sold in multiple transactions at prices ranging from US$40.3755 to US$40.4001 inclusive.

Name of Executive Officer

Marcelo Godoy

Name of Company

AngloGold Ashanti plc

Date of transaction

15 May 2025

Nature of transaction

Off-market receipt of vested shares under the 2023 Deferred Share Plans (DSP)

Class of security

Ordinary shares

Number of securities

25,745

Price per security

Nil

Nature and extent of interest

Direct, Beneficial

Name of Executive Officer

Marcelo Godoy

Name of Company

AngloGold Ashanti plc

Date of transaction

15 May 2025

Nature of transaction

On-market sale of vested DSP awards

Class of security

Ordinary shares

Number of securities sold

9,526

Price per security

US$40.3750 1

Value of transaction (excluding fees)

US$384,612.69

Nature and extent of interest

Direct, Beneficial

(1)

Weighted average price. These shares were sold in multiple transactions at prices ranging from US$40.3627 to US$40.4104 inclusive.

JSE Sponsor: The Standard Bank of South Africa Limited

Media
Andrea Maxey
+61 8 9425 4603 / +61 400 072 199
amaxey@aga.gold

General inquiries
media@anglogoldashanti.com

Investors
Andrea Maxey
+61 8 9425 4603 / +61 400 072 199
amaxey@aga.gold

Yatish Chowthee
+27 11 637 6273 / +27 78 364 2080
yrchowthee@aga.gold

Website: www.anglogoldashanti.com

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