Noticias financieras y bursátiles de Canadá

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    Banco de América is striking a bullish tone on the prospects for the S&P/TSX Composite Index, staking an argument Toronto’s benchmark will outperform the S&P 500 over the course of the next decade.
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  • Bank of Canada Chief Leans Into Hawkish Rate Path, Jolting Bonds

    Bank of Canada Governor Tiff Macklem said a remains firmly on an interest rate hiking path amid worries about elevated domestic price pressures and inflation expectations becoming entrenched.
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    Canada’s main stock index fell on Thursday, dragged by financial and consumer staple stocks, with investors awaiting U.S. jobs data due later this week to gauge the Federal Reserve’s future actions around interest rates.
  • CSE revises CSE-50 index

    Chittagong Stock Exchange (CSE) has revised its CSE-50 index on the basis of the performance of listed securities. During the semi-annual review of the index, the CSE has added a new company to the index after dropping one company. The newly revised index will come into effect on October 20. The new company which has been included in the CSE-50 index is Fortune Shoes while Bank Asia has been dropped from it. Other companies that make up the index include Advanced Chemical Industries, Al-Arafah Islami Bank, Bangladesh Steel Re-Rolling Mills, Bangladesh Submarine Cable Company, BBS Cables, Beacon Pharmaceuticals, Beximco, Beximco Pharmaceuticals, Brac Bank, British American Tobacco Bangladesh Company, BSRM Steels, Confidence Cement, Delta Life Insurance Company, Dhaka Bank, Dutch-Bangla Bank, Eastern Bank, Export Import Bank of Bd., First Security Islami Bank, Fortune Shoes, GPH Ispat, Grameenphone, and Ifad Autos. Besides, IFIC Bank, Islami Bank Bangladesh Ltd., Jamuna Bank, LafargeHolcim Bangladesh, Lankabangla Finance, Mercantile Bank, MJL Bangladesh, National Bank, NCC Bank, One Bank, Orion Pharma, Padma Oil Company, Prime Bank, Robi Axiata, Shahjalal Islami Bank, Shahjibazar Power Company, Singer Bangladesh, Southeast Bank, Square Pharmaeuticals, Standard Bank, Summit Power, The Acme Laboratories, The City Bank, Premier Bank, Titas Gas Transmission and Distribution Company, United Commercial Bank, United Power Generation & Distribution Company and Uttara Bank son the components of the CSE-50 index. mufazzal.fe@gmail.com
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    Even in the current economic environment, long-term investors have a great chance of beating the market. Stocks like CN Rail should outperform for years ahead. Even in the current economic environment, long-term investors have a great chance of beating the market. Stocks like CN Rail should outperform for years ahead.
  • Canadian dollar falls as investors brace for BoC governor’s speech

    The Canadian dollar weakened against its U.S. counterpart on Thursday as oil prices dipped and investors awaited a speech by Bank of Canada Governor Tiff Macklem that could help guide expectations for the pace of additional interest rate hikes. The loonie was down 0.5% at 1.3684 to the greenback, or 73.08 U.S. cents, after trading in a range of 1.3565 to 1.3690. Money markets have fully discounted a 25-basis-point hike at the BoC’s siguiente policy announcement on Oct. 26 and see a roughly 50% chance of a larger increase of 50 basis points.
  • Pan Global Reports Multiple High-Grade Polymetallic Drill Intercepts at the Aguilas Project, Spain

    Pan Global Reports Multiple High-Grade Polymetallic Drill Intercepts at the Aguilas Project, Spain

    7.3% LEAD+ZINC AND 9.1 G/T SILVER OVER 5.25 METERS
    37.6% LEAD+ZINC AND 6.8 G/T SILVER OVER 0.55 METERS

    Vancouver, British Columbia–(Newsfile Corp. – October 6, 2022) – Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) (“Pan Global” or the “Company”) is pleased to report results for ten new drill holes on the 25-kilometer long Zumajo fault/breccia zone and historical mine trend at the Company’s 100%-owned Aguilas Project in the Cordoba Province, southern Spain.

    Tim Moody, Pan Global President and CEO, commented: “The resumption of drilling on the Aguilas Project, approximately 200 kilometers north of our Escacena Project, included testing three targets on the 25-kilometer long Zumajo historic Pb-Ag mine trend. Encouraging drill results were received from the ten hole program, with significant polymetallic (lead, zinc and silver) assays returned from our first ever drill holes at the Minguillo Target and follow-up drill holes at the Vacadillas target. The mineralization remains open at depth and along strike at both targets.”

    Further commenting, “The vertical extent of this type of mineralization can be several hundred meters as is characteristic of the important historic Linares and La Carolina Pb-Ag vein mining districts less than 100km to the east. The drilling is currently wide-spaced and tested the mineralization to shallow depths of less than 150m on small parts of the Zumajo vein/breccia system. Additional drilling is required to further evaluate this potentially important mineral trend. Together with the announcement of multiple drill targets at Escacena last week, these results further support the compelling prospectivity of the Pan Global exploration portfolio.”

    Destacados:

    • 22MID01: 6.0m at 0.7% Pb, 4.6% Zn, 3.5g/t Ag from 102.0m, including
      • 2.2m at 1.9% Pb, 12.3%Zn, 9.2g/t Ag from 104.9m
    • 22MID02: 5.25m at 2.4% Pb, 4.9% Zn, 9.1g/t Ag from 156.5m, including
      • 0.55m at 20.8% Pb, 16.8% Zn, 66.4g/t Ag from 157.55m and
      • 0.6m at 0.94% Pb, 10.4% Zn, 6.8g/t Ag and from 160.10m
    • 22VAD01: 7.5m at 2.35% Pb, 0.74% Zn, 13.6 g/t Ag from 113.5m, including
      • 4.5m at 3.9% Pb, 1.1% Zn, 22.4g/t Ag from 112.5m
      • 1.5m at 10.9% Pb, 0.2 % Zn, 56.9 g/t Ag from 113.5m
    • 22VAD04: 3.75m at 4.9% Pb, 0.2% Zn, 36.1g/t Ag from 98.65m, including
      • 0.55m at 32.7% Pb, 0.13% Zn, 233g/t Ag from 98.65m

    Drill Results

    The Aguilas Project mineral rights, drill hole and target locations are provided in Figure 1 below. Assay results are summarized in Table 1 below and drill collar information is provided in Table 2.

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    Figura 1 – Aguilas Project shaded terrain map showing soil geochemistry anomalies, drill hole and priority target locations (2022 drill areas – yellow highlight)

    Para ver una versión mejorada de la Figura 1, visite:
    https://images.newsfilecorp.com/files/5190/139674_ff14022104f778ce_001full.jpg

    Tabla 1 – Aguilas Project new drill results summary

    AgujeroDesdeAIntervaloCuPbZnAgAu



    m%%%g/tg/t
    22MID0110210860.010.684.623.50.003

    104.9107.12.20.041.8512.259.20.006
     








    22MID02156.5161.755.250.022.44.939.10.005
    inc.157.55161.754.2<0.013.06.1011.30.006
    inc.157.55158.10.550.0320.816.7566.40.001
    inc.160.1160.70.60.040.9410.406.80.003
     








    22VAD0189.790.71<0.015.51<0.0119.40.002

    112.51207.5<0.012.350.7413.60.002
    inc.113.51184.50.013.881.1122.40.004
    inc.113.51151.5<0.0110.880.1756.90.007
    inc.113.5113.80.3<0.0133.70.101590.02
    inc.116117.251.250.010.662.719.80.003
     








    22VAD0284.586.11.60.011.080.025.70.001









    22VAD03No hay resultados significativos
     








    22VAD0498.65102.43.750.014.940.2036.10.004
    inc.98.6599.20.550.0132.70.132330.022









    22VAD0546.9492.1<0.010.580.013.20.001

    80.281.751.550.060.360.383.10.002

    101104.853.850.010.37<0.015.00.002









    22NAD01
    22NAD02No hay resultados significativos
    22NAD03







     

    Cuadro 2 – Aguilas Project drill hole collar information (Total 1530.5m) – Coordinates in ERTS89, UTM Zone 30N

    Hole_IDOrientaciónNorthingAzimuth (º)Dip (º)End Depth (m)
    22VAD013753104240309220-65157.1
    22VAD023754224240197220-60145.95
    22VAD033751364240388215-60151.05
    22VAD043744614240844210-65166.05
    22VAD053742024240977210-65171
    22MID013667794246071200-60127.5
    22MID023663964246177204-67175.25
    22NAD013795774236771220-55152.1
    22NAD023796684236697220-70146.65
    22NAD033797104236661220-70137.85

     

    Minguillo Target

    Drill holes 22MID01 y 22MID02 are the first holes at the Minguillo Target. The holes are approximately 400m apart and confirmed significant high grade polymetallic (Pb, Zn and Ag) mineralization extending beneath the Mina Pasqualin and Mina Chinche historic underground mine workings (see figures 2 and 3 below). The mineralization includes coarse sphalerite and galena over intervals of approximately 5m to 6m within a steep north-dipping quartz-carbonate vein and breccia zone up to 11m thick. The mineralization remains wide open at depth and along strike, associated with a Pb-Zn soil geochemistry anomaly that extends from the mine workings for approximately 3 kilometers along the Zumajo Fault Trend.

    Agujero 22MID01 tested approximately 30m below the lowest underground mine level at Pasqualin and intersected 6.0m at 0.7% Pb, 4.6% Zn, 3.5g/t Ag from 102.0m downhole, including 2.2m at 1.9% Pb, 12.3% Zn, 9.2g/t Ag.

    Agujero 22MID02 tested approximately 30m beneath the lowest underground mine level at Chinches and intersected 5.25m at 2.4% Pb, 4.9% Zn, 9.1g/t Ag from 156.5m, including 0.55m at 20.8% Pb, 16.8% Zn, 66.4g/t Ag y 0.6m at 0.94% Pb, 10.4% Zn, 6.8g/t Ag.

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    Figura 2 Minguillos Target: plan view (top) and long section (bottom) showing the locations of the Mina Pascualin and Mina Chinche historic mine workings, drill holes and Pb-Zn soil geochemistry anomaly

    Para ver una versión mejorada de la Figura 2, visite:
    https://images.newsfilecorp.com/files/5190/139674_ff14022104f778ce_002full.jpg

     

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    Figura 3 Minguillo Target geology cross-section with drill hole 22MID01 and historical Mina Pascualin underground mine workings

    Para ver una versión mejorada de la Figura 3, visite:
    https://images.newsfilecorp.com/files/5190/139674_ff14022104f778ce_003full.jpg

    Vacadilla Target

    The Vacadilla Target coincides with a semi-continuous zone of lead and zinc mineralization over more than 2 kilometers strike associated with abundant historic surface and shallow underground mine workings, including Mina San Juan and Mina San Rafael (see figures 4 and 5 below). New drill holes 22VAD01 to 22VAD05 were designed to follow-up previous wide spaced drilling by Pan Global in 2019 (see Pan Global press release – May 14, 2019). Holes 22VAD01 and 22VAD04 intersected significant high grade Pb-Zn-Ag mineralization with coarse galena and lesser sphalerite over intervals of approximately 4m to 7.5m. The results indicate mineralization potentially continues over more than 500m strike associated with the San Rafael mine workings and remains open below approximately 150m depth and is also wide open at depth in the east at the Dos Centimos zone. Additional potential is apparent, associated with a strong Pb-Zn soil anomaly over 2km strike extending from the mine workings and in potential parallel veins/breccias.

    Agujero 22VAD01 intersecado 7.5m at 2.35% Pb and 13.6 g/t Ag from 112.5m including 4.5m at 3.9% Pb, 1.1% Zn and 22.4g/t Ag y 1m at 5.51% Pb and 19.4g/t Ag from 89.7m in the hanging wall. The results extend the mineralization approximately 45m below previous drill hole VAC06 and confirms additional mineralization within a narrow parallel fault or splay to the main structure.

    Agujero 22VAD04, drilled in the west of the San Rafael underground mine workings, intersected a 7m interval with breccia and veining, including 3.75m at 4.9% Pb, 36.1 g/t Ag and 0.2 % Zn from 98.65m and exceptionally high grades up to 32.7% Pb and 233 g/t Ag over 0.55m.

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    Figura 4 La Vacadilla Target plan view (above) and long section (below) showing the locations of the historic San Juan, San Rafael and Dos Centimos underground mine workings, drill holes and Pb-Zn soil geochemistry anomaly

    Para ver una versión mejorada de la Figura 4, visite:
    https://images.newsfilecorp.com/files/5190/139674_ff14022104f778ce_004full.jpg

     

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    Figura 5Vacadilla Target geology cross-section with new drill hole 22VAD01 and previous drill hole VAC006 at Dos Centimos showing grade increasing at depth

    To view an enhanced version of Figure 5, please visit:
    https://images.newsfilecorp.com/files/5190/139674_ff14022104f778ce_005full.jpg

    Navalaencina Target

    New drill holes 22NAD01 a 22NAD03 are the first holes at the Navalaencina Target in the far southeast of the Zumajo structure, approximately 5km southeast of the Vacadilla Target. The holes tested a lead-zinc-(copper) soil anomaly and trend of historic surface and shallow San Antonio underground mine workings. Mine dump material includes samples with coarse galena, chalcopyrite and bornite. All three holes intersected broad zones of alteration and brecciation over intervals of approximately 20m within the granitic host rocks with anomalous levels of Cu and Pb over narrow intervals in holes 22NAD01 and 22NAD03.

    Quality Control/Quality Assurance

    All drill holes were diamond drill core size HQ (63mm) and all samples were ½ core. Nominal sample size was 1m core length and ranged from 0.4 to 2m. Sample intervals were defined using geological contacts with the start and end of each sample physically marked on the core. Diamond blade core cutting and sampling was supervised at all times by Pan Global employees. Duplicate samples of ¼ core were taken approximately every 30 samples and Certified Reference materials inserted every 25 samples in each batch.

    Samples were delivered to ALS laboratory in Seville, Spain and assayed at the ALS laboratory in Ireland. All samples were crushed and split (method CRU-31, SPL22Y), and pulverized using (method PUL-31). Gold analysis was by 50gm Fire assay with ICP finish (method Au-ICP22) and multi element analysis was undertaken using a 4-acid digest with ICP AES finish (method ME-ICP61). Over grade base metal results were assayed using a 4-acid digest ICP AES (method OG-62) and AAS (method Pb-AAOre for samples >20% Pb).

    Soil geochemistry anomalies in the Vacadilla Target area are defined using 4 acid ICP multielement analyses and selected samples using 30gm fire assay for Au. At the Minguillos and Navalaencina Targets, soil samples were analyzed by portable XRF.

    About the Aguilas Project

    The Aguilas Project is located in the Cordoba Province, approximately 200 km northeast of Pan Global’s Escacena Project, in Andalucia, Spain. The Project includes nine “Investigation Permits” totalling a16,259 hectares and is owned 100% by Pan Global. The Project includes two major fault zones, including the northwest trending Zumajo structure and northeast trending Torrubia structure, both entirely within and cross-cutting the Carboniferous age Pedroches Batholith. The Zumajo structure extends approximately 25 kilometers with continuous trend of hydrothermal quartz-carbonate veins and breccias up to approximately 20m width with polymetallic (Pb-Zn-Ag-Cu) mineralization and numerous historical surface mine workings and shafts. The Torrubia structure extends for approximately 15 km and is characterised by quartz-carbonate breccia to widths of more than 50 meters, with strong red hematite alteration, numerous ancient/historic copper mine workings and high-level iron oxide copper gold (IOCG)-style mineralization. Mining for Cu and Pb-Ag ceased in the area the early 1900’s and has no history of zinc mining. Pan Global is undertaking the first modern exploration and drilling in the majority of the area. Numerous parallel fault trends have also been identified throughout the project area and remain prospective for base and precious metal mineralization.

    About Pan Global Resources

    Pan Global Resources Inc. is actively engaged in base and precious metal exploration in southern Spain and is pursuing opportunities from exploration through to mine development. The Company is committed to operating safely and with respect to the communities and environment where we operate.

    Personas cualificadas

    James Royall, VP Exploration for Pan Global Resources and a qualified person as defined by National Instrument 43-101, has reviewed the scientific and technical information for this news release. Mr. Royall is not independent of the Company.

    En nombre del Consejo de Administración
    www.panglobalresources.com
    .

    PARA MÁS INFORMACIÓN, PÓNGASE EN CONTACTO CON
    tmoody@panglobalresources.com

    +44 7766 253145

    Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. The Company believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company’s operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company’s Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.

    The forward-looking information contained in this news release is based on information available to the Company as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information.

    NI TSX VENTURE EXCHANGE NI SU PROVEEDOR DE SERVICIOS DE REGULACIÓN (TAL Y COMO SE DEFINE ESTE TÉRMINO EN LAS POLÍTICAS DE TSX VENTURE EXCHANGE) ACEPTAN LA RESPONSABILIDAD DE LA ADECUACIÓN O EXACTITUD DE ESTE COMUNICADO.

    Para ver la versión original de este comunicado de prensa, visite https://www.newsfilecorp.com/release/139674

  • BTV Presents Invest in Canada’s North Featuring: Snowline Gold, North Arrow Minerals, Fireweed Metals, Gold Terra, & Strategic Metals

    BTV Presents Invest in Canada’s North Featuring: Snowline Gold, North Arrow Minerals, Fireweed Metals, Gold Terra, & Strategic Metals

    Vancouver, British Columbia–(Newsfile Corp. – October 6, 2022) – On national TV Sat. October 8 & Sun. October 9, 2022 – BTV-Televisión Empresarial showcases emerging companies in the markets.



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    https://www.youtube.com/watch?v=7czBYnOjbAo

    Discover Companies to Invest In – Click company name to watch their TV feature:

    Snowline Gold Corp. (CSE: SGD) (OTCQB: SNWGF) – With a seventeen-project portfolio and their flagship projects covering ~72,000 hectares in the prospective yet underexplored Selwyn Basin, Snowline tells BTV about being a first mover in the region.

    North Arrow Minerals Inc. (TSXV: NAR) – Orange is rare when it comes to diamonds, but this company is finding them in Canada’s far north. BTV explores North Arrow’s drill-ready and fully permitted projects looking to take advantage of today’s diamond market.

    Fireweed Metals Corp. (TSXV: FWZ) (OTCQB: FWEDF) – Zinc and Tungsten are two critical minerals in high demand due to their essential usage in galvanizing and hardening steel. BTV learns of Fireweed’s two sizable projects geared to help supply that need in a sustainable manner.

    Gold Terra Resource Corp. (TSXV: YGT) (OTCQX: YGTFF) – The high-grade gold camp Gold Terra is in has produced 14 million ounces of gold in the past and Gold Terra has 1.2 million ounces and growing.

    Strategic Metals Ltd. (TSXV: SMD) – BTV meets this large-scale project generator with interests in more than 120 properties, including stakes in an innovative company that’s aiming to eliminate ~4% of worldwide CO2.

    Sobre BTV:

    On air for 24 years, BTV – Business Television, a half-hour investment TV show, features analysts and emerging companies at their location. With Hosts, Taylor Thoen y Jessica Katrichak, BTV highlights emerging companies and investment opportunities with viewers.

    TV BROADCAST NETWORKS and TIMES:
    CANADA:

    BNN Bloomberg – Saturday Oct 8 @ 8:00pm ET, Sunday Oct 9 @ 5:30pm ET
    Bell Express Vu – Saturday Oct 8 @ 8:00pm ET, Sunday Oct 9 @ 5:30pm ET

    US National TV:
    Biz Television Network – Sun Oct 16 @ 8:30am ET

    Suggest a Company to Feature!
    Contact: (604) 664-7401 x3 info@b-tv.com
    To receive BTV news, click here to suscríbase a

    Para ver la versión original de este comunicado de prensa, visite https://www.newsfilecorp.com/release/139701

  • Beauce Gold Fields Resumes the Exploration of Antiform Outcrops Found On the Beauce Gold Property

    Beauce Gold Fields Resumes the Exploration of Antiform Outcrops Found On the Beauce Gold Property

    Montreal, Quebec–(Newsfile Corp. – October 6, 2022) – Beauce Gold Fields (TSXV: BGF) (Champs D’Or en Beauce), (“BGF” or the “Company”): With the Ditton Placer Gold Channel drill campaign on the Company’s Megantic project nearing completion, the Company is pleased to announce it will resume exploration on Beauce Gold property located in St-Simon les Mine, Quebec. Focus will be the exploration of an Axis of an Antiform outcrop indicative of a Saddle Reef formation.

    Patrick Levasseur, President and CEO of Beauce Gold Fields said, “We are excited to pick-up where we left off our exploration work on the Beauce Gold property.” Mr. Levasseur further stated, “Exploring and sampling the Axis of an Antiform outcrop of the Grondin showing will test the Saddle Reef Formation as the leading geological model for possible lode gold discoveries as the source of the historical placer gold deposit.”

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    Image: Geological Model of a Saddle Reef Formation

    Para ver una versión mejorada de este gráfico, visite:
    https://images.newsfilecorp.com/files/6198/139759_a7ae1d1894fea85d_001full.jpg.

    Over the next two months, Company will continue to delineate, expose and sample significant mineralized Crack and Seal type quartz veins stockwork outcroppings along the Axis of the Antiforms. Focus will be exploring an important exposed domed Axis of Antiform ridge outcrop known as the Grondin showing on the recently acquired 14 claims that enlarged the Beauce Gold property to the northwest (BGF press release June 10, 2022). The Axis outcrop of the Grondin showing extends 500 meters NE along strike onto the Company’s claims. It is approximately 3km upstream/uphill of the 19th-century placer gold mines at Giroux Creek and Gilbert river confluence and parallels to the historical placer gold deposit of St-Simon-les-Mine. Two of the highest gold grades reported from the outcrop were in samples 81755 @ 2.11 grams/ton), and sample 81763 @10.9 grams/ton (GM 70761 Réjean Hébert, géo. June 2018)

    The geological model of a Saddle Reef formation is supported by IP surveys, by observed eroded anticline vertical limbs of layered sedimentary and volcanic bedrock in the 2019-2020 trenches and by the discovery of exposed domed Axis of Antiform ridges along the Giroux creek. The Axis trends NE & SW for 4 km to the North of the Gilbert River and north of the historical placer gold channel (BGF press releases 2021-12-21, 2021-03-19). Eroded segments of the Saddle Reef formation is the leading hypothesis as to the source of the historical placer gold deposit.

    It is theorized that the placer gold, such as the famous large nuggets mined in the 19th century, were formed in stressed quartz pockets of layered domed Axis of Antiforms as demonstrated in Saddle Reef formations. Saddle Reef examples include the vast Bendigo and Ballarat gold fields of Australia (over 60 million ounces), and the high-grade Dufferin deposit in Nova Scotia.

    Jean Bernard, B,Sc. Geo., is a qualified person as defined by NI 43-101 who has reviewed and approved the technical information presented in this release.

    Non-brokered private placement

    The Company will proceed with a non-brokered private placement of 4,500,000 Flow-Through units at $0.05 per unit for gross proceeds of $225,000 and 3,000,000 units at $0.035 per unit for gross proceeds of $105,000.

    Each Flow-through unit will be comprised of one (1) Flow-through common share and of one half (1/2) common share purchase warrant of the company. Each full warrant will entitle the holder thereof to purchase one common share of the capital stock of the company at a price of $0.11 for a period of 24 months from the date of closing of the placement and each unit will comprise of one common share and one common share purchase warrant of the company which will entitle the holder thereof to purchase one common share of the capital stock of the company at a price of $0.10 for a period of 36 months from the date of closing of the placement.

    The offering is conditional upon the receipt of all necessary regulatory approvals, including the approval of the exchange. The proceeds of the offering will be used: (i) to finance exploration and (ii) for general corporate purposes.

    The offering will be offered to accredited investors in accordance with applicable securities laws. In connection with the offering, the company may pay finders’ fees, as permitted by the policies of the exchange. Each share issued pursuant to the placement will have a mandatory four-month-and-one-day hold period from the date of closing of the placement. The company anticipates that insiders will subscribe for units and their participation could exceed 25 per cent of the offering.

    About Beauce Gold Fields

    Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec. The Company’s objective is the trace old placer gold workings back to a bedrock source to uncover economic lode gold deposits. The Company’s flagship property is the St-Simon-les-Mines Gold project site of Canada’s first gold rush that pre-dates the Yukon Klondike. The Beauce region hosted some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s It produced some of the largest gold nuggets in Canadian mining history (50oz to 71oz). (Source Sedar: 43-101 Report – Beauce July 4th 2018,, Author B. Violette).

    Beauce Gold Fields website www.beaucegold.com

    Disclaimers:

    This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding mineral exploration. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

    Ni la TSX Venture Exchange ni su Proveedor de Servicios de Regulación (tal y como se define este término en las políticas de la TSX Venture Exchange) aceptan la responsabilidad de la adecuación o exactitud de este comunicado.

    For further information contact

    Patrick Levasseur, President and CEO Tel: (514) 262-9239
    Bernard J. Tourillon, Chairman and COO Tel (514) 907-1011
    www.beaucegold.com

    Para ver la versión original de este comunicado de prensa, visite https://www.newsfilecorp.com/release/139759

  • Bear Creek Mining Reports Production of 11,169 Ounces of Gold in Q3 2022

    Bear Creek Mining Reports Production of 11,169 Ounces of Gold in Q3 2022

    Vancouver, British Columbia–(Newsfile Corp. – October 6, 2022) – Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (“Bear Creek” or the “Company”) announces production results for the three months ended September 30, 2022 (“Q3 2022”), representing the Company’s first full quarter of production from the Mercedes Gold Mine in Sonora, Mexico.

    Production Highlights:

    • 148,211 tonnes of ore processed during Q3 2022, representing an average of 1,611 tonnes per day
    • 11,169 ounces of gold produced during Q3 2022; a 14.9% increase in Mercedes production year over year (1)
    • The operational improvement program initiated shortly after acquiring Mercedes began showing positive results during Q3 2022, with tonnage, gold production, and development meters all trending higher throughout the quarter
    • Recent development work will provide access to higher grade deposits at Rey de Oro and Marianas during Q4 2022, which is expected to contribute to additional production improvements

    Production and development results for the quarter ended September 30, 2022 were:

    Julio de 2022Agosto de 2022Septiembre de 2022Total Q3 2022 (2)
    Ore Mined (tonnes)37,53245,63845,528128,698
    Ore Processed (3) (toneladas)45,50550,87551,831148,211
    Au recovery (%)95.196.195.3395.53
    Au grade processed (gpt)2.12.82.412.45
    Au ounces produced2,8864,4593,82411,169
         
    Au ounces sold (4)6,5573,419233412,310
    Au ounces streamed (5)6001,2009592,759
         
    Operating development (mts)199173389761
    Capital development (mts)2764953811,152

     

    (1) Mercedes gold production for the three months ended September 30, 2021 was 9,722 ounces as reported by Equinox Gold Corp. (https://equinoxgold.com/_resources/news/2021Q3/2021-Q3-EQX-MDA.pdf).
    (2) Silver production during the quarter amounted to 36,540 ounces and were delivered under a pre-existing streaming obligation.
    (3) Ore processed during the quarter included 28,310 tonnes of low-grade stockpiled material.
    (4) Au ounces sold at market prices.
    (5) Au ounces sold at contracted gold stream prices.

    Anthony Hawkshaw, CEO, stated, “Our focus at Mercedes is to safely increase throughput to achieve higher gold production. The operational improvement program we initiated shortly after acquiring Mercedes began bearing fruit during Q3 2022, with tonnage, gold production and development meters all trending higher throughout the quarter. We are extremely pleased that these production increases were achieved without a single lost time accident. Management has identified several cost reduction opportunities, and measures are being implemented to continue to increase production while lowering operating costs. These measures are expected to be realized through the remainder of 2022.”

    Bear Creek will announce its third quarter financial results on November 29, 2022 following which it will host a conference call to discuss Mercedes’ performance (conference call details to follow).

    Shares for Services

    Subject to TSX Venture Exchange approval, Bear Creek will issue 250,274 common shares at a deemed price of $0.58 per share to Unison Mining Consulting Pte. Ltd. (“Unison”) for work on the Mercedes Gold Mine operational improvement program completed as of September 30, 2022. Details regarding the ongoing Mercedes improvement program, and the terms of the Unison engagement agreement, are provided in the Company’s news release dated September 6, 2022.

    En nombre del Consejo de Administración,

    Anthony Hawkshaw
    Director General

    Para más información, póngase en contacto con
    Barbara Henderson – VP Corporate Communications
    Direct: 604-628-1111
    Correo electrónico: barb@bearcreekmining.com

    www.bearcreekmining.com

    Subscribe to Bear Creek Mining news

    NI 43-101 Disclosure

    Disclosure of a scientific or technical nature in this news release has been reviewed and approved by, Andrew Swarthout, AIPG Certified Professional Geologist, Director of the Company and a Qualified Person (“QP”) as defined in NI 43-101.

    Advertencia sobre la información prospectiva

    This news release contains forward-looking statements regarding: the anticipated outcomes of the Mercedes operational improvement program and anticipated timeframe thereof; the potential to increase gold production from the Mercedes mine; the potential to reduce Mercedes operating costs; the anticipated date of release of the Company’s Q3 2022 financial results and conference call related thereto; and TSX Venture Exchange approval and the subsequent issuance of shares to Unison. These forward-looking statements are provided as of the date of this news release and reflect predictions, expectations or beliefs regarding future events based on the Company’s beliefs at the time the statements were made, as well as various assumptions made by and information currently available to them. In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including, but not limited to the assumptions: that the location, scope and cost of the Company’s planned development and operating activities will not differ materially from expectations; that potential cost reduction opportunities can be realized; and that TSX Venture Exchange approval of the Unison share issuance will be forthcoming. Although management considers these assumptions to be reasonable based on information available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and the risk exists that estimates, forecasts, projections, and other forward-looking statements will not be achieved or that assumptions on which they are based do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the expectations expressed in them. These risk factors may be generally stated as the risk that the assumptions expressed above do not occur, but may include additional risks as described in the Company’s latest Annual Information Form, and other disclosure documents filed by the Company on SEDAR. The foregoing list of factors that may affect future results is not exhaustive. Investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on behalf of the Company, except as required by law.

    Ni TSX Venture Exchange ni su Proveedor de Servicios de Regulación (tal y como se define este término en las políticas de TSX Venture Exchange) aceptan la responsabilidad de la adecuación o exactitud de este comunicado.

    Para ver la versión original de este comunicado de prensa, visite https://www.newsfilecorp.com/release/139714

  • MEDIA ADVISORY – Minister Vandal to Make a Community Efficiency Financing Announcement

    MEDIA ADVISORY – Minister Vandal to Make a Community Efficiency Financing Announcement

    Noticias de Canadá

    SASKATOON, SK , Oct. 6, 2022 /CNW Telbec/ – The Honourable Dan Vandal, Minister of Northern Affairs, Minister for PrairiesCan, and Minister for CanNor; Mairin Loewen , member of the Board of Directors for the Federation of Canadian Municipalities and Councillor for the City of Saskatoon y Charlie Clark , Mayor of the City of Saskatoon will make a Community Efficiency Financing announcement in Saskatoon .

    A media availability will follow.

    La fecha: Friday, October 7, 2022

    La hora: 8 a.m. CT

    Ubicación: Ashworth Holmes Park,
    922 Avenue D N
    Saskatoon, SK S7L 1N4
    [Adjacent to the Mayfair Lawn Bowling Club]

    Nota: Those who wish to attend are asked to respect provincial public health guidance. Please do not attend the event if you are feeling unwell or experiencing any symptoms of COVID-19.

    Síganos en Twitter: @NRCan ( )

    FUENTE Recursos Naturales de Canadá

    Cision Ver contenido original: http://www.newswire.ca/en/releases/archive/October2022/06/c7762.html

  • CanAlaska Announces up to $8 Million Private Placement Financing

    CanAlaska Announces up to $8 Million Private Placement Financing

    CanAlaska Reports on 2022 AGM Results

    Vancouver, British Columbia–(Newsfile Corp. – October 6, 2022) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (“CanAlaska" o el "Empresa“) announces that it proposes to undertake a non-brokered private placement of securities to raise total gross proceeds of up to $8 million (the “Oferta“). The Offering will be comprised of a combination of (i) flow-through units of the Company (each, a “FT Unidad“) to be sold at a price of $0.52 per FT Unit; and (ii) flow-through units to be sold to charitable purchasers (each, a “Unidad FT de Caridad“) to be sold at a price of $0.70 per Charity FT Unit.

    Each FT Unit and Charity FT Unit will consist of one common share of the Company to be issued as a “flow-through share” within the meaning of the Ley del Impuesto sobre la Renta (Canada) (each, a “Acción FT“), and one-half (½) of one common share purchase warrant (each whole warrant, a “Warrant“). Each Warrant will entitle the holder to purchase one common share of the Company (each, a “Acción de la garantía“) at a price of $0.75 at any time on or before that date which is 36 months after the closing date of the Offering. The exact number of FT Units and Charity FT Units sold will be determined at closing.

    The gross proceeds received from the sale of the FT Units and the Charity FT Units will be used for work programs on the Company’s exploration properties.

    The Company will pay finders’ fees comprised of cash and non-transferable warrants in connection with the Offering, subject to compliance with the policies of the TSX Venture Exchange. Red Cloud Securities Inc. is acting as a finder with respect to the Offering.

    All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. Completion of the Offering and the payment of any finders’ fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.

    2022 AGM Results

    The Company also wishes to announce the results of its 2022 Annual General & Special Meeting of shareholders held on September 22, 2022, in Saskatoon, Saskatchewan. Peter Dasler, Geoff Gay, Karen Lloyd, Jean Luc Roy, Karl Schimann and Amb. Thomas Graham, Jr. were all re-elected as directors of the Company. A total of 29,035,763 common shares of CanAlaska were represented at the AGM, being 28.47% of the Company’s outstanding common shares as at the record date of August 18, 2022. Shareholders voted in favour of all matters brought before the meeting, including re-appointing Deloitte LLP, Chartered Professional Accountants, as the Company’s auditors and approving the Company’s new Omnibus Equity Incentive Plan (the “Omnibus Plan“).

    The Omnibus Plan provides the Company with a variety of security-related mechanisms to attract, retain, and motivate qualified directors, employees, and consultants. The Omnibus Plan replaced the Company’s prior stock option plan and includes (i) a 10% “rolling” option plan, permitting a maximum of 10% of the issued and outstanding common shares of the Company as at the date of any option grant to be reserved for option grants; and (ii) a fixed plan permitting 10,197,605 common shares to be reserved for grants of restricted share units, deferred share units, performance share units and other share-based compensation awards. The purpose of the Omnibus Plan is to align the interests of directors, employees, and consultants with the interests of shareholders and the long-term goals and success of the Company, and to enable and encourage the directors, employees and consultants to acquire shares as long-term investments. A summary of the Omnibus Plan can be found in the Company’s 2022 Information Circular, filed under the Company’s profile on SEDAR (www.sedar.com). The Omnibus Plan, in its entirety, is also attached as Schedule “B” to the Company’s 2022 Information Circular.

    The Company greatly appreciates the participation of its shareholders and their support.

    About CanAlaska Uranium

    CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) holds interests in approximately 300,000 hectares (750,000 acres), in Canada’s Athabasca Basin – the “Saudi Arabia of Uranium.” CanAlaska’s strategic holdings have attracted major international mining companies. CanAlaska is currently working with Cameco and Denison at two of the Company’s properties in the Eastern Athabasca Basin. CanAlaska is a project generator positioned for discovery success in the world’s richest uranium district. The Company also holds properties prospective for nickel, copper, gold and diamonds. For further information visit www.canalaska.com.

    The qualified technical person for this news release is Nathan Bridge, MSc., P.Geo., CanAlaska’s Vice President, Exploration.

    En nombre del Consejo de Administración
    “Peter Dasler”
    Peter Dasler, M.Sc.
    Presidente
    CanAlaska Uranium Ltd.

    Contactos:

    Cory Belyk, Executive VP and CEO
    Tel: +1.604.688.3211 x 306
    Correo electrónico: cbelyk@canalaska.com

    Peter Dasler, President
    Tel: +1.604.688.3211 x 138
    Correo electrónico: info@canalaska.com

    Ni TSX Venture Exchange ni su Proveedor de Servicios de Regulación (tal y como se define este término en las políticas de TSX Venture Exchange) aceptan la responsabilidad de la adecuación o exactitud de este comunicado.

    Información prospectiva

    All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

    Not for distribution to United States newswire services or for dissemination in the United States.

    Para ver la versión original de este comunicado de prensa, visite https://www.newsfilecorp.com/release/139725

  • Braveheart Receives Decision from BC Environmental Assessment Office Regarding Bull River Mine Project

    Braveheart Receives Decision from BC Environmental Assessment Office Regarding Bull River Mine Project

    Calgary, Alberta–(Newsfile Corp. – October 6, 2022) – Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) (“Braveheart" o el "Empresa“) is pleased to announce that the Company has been notified by the British Columbia Environmental Assessment Office (“EAO”) that the Bull River Mine Project (the “Project”) near Cranbrook, BC has been designated as non-reviewable under the Environmental Assessment Act (2018).

    On March 21, 2022, the EAO received written notification from the Ktunaxa Nation Council (‘KNC”) requesting that Braveheart’s proposed amendments to its Mines Act permit M-33 and its Environmental Management Act permit PE-16034, to facilitate a restart of the Project, be designated as reviewable under Section 11 of the Environmental Assessment Act (2018) (the “Act”). Further to a thorough and extensive review, the Chief Executive Assessment Officer of the EAO determined that the Project has substantially started and that it is not an eligible project as outlined in Section 11(1) of the Act. The evaluation of the request and the reasons for the decision by the Chief Executive Assessment Officer is posted publicly and can be viewed at EAO Project Information Centre. The Chief Executive Assessment Officer further determined that the potential effects of the Project can be appropriately managed through the permit amendment process under the Mines Act and Environmental Act which will include consultation with KNC and the Shuswap Indian Band, and that it would not be in the public interest to designate the Project as reviewable.

    Ian Berzins, President and CEO, commented, “We are extremely pleased with this determination by the EAO. The Project is already subject to a robust and comprehensive regulatory process under the Mines Act and Environmental Management Act that includes consultation with Indigenous nations. This decision allows the Major Mines Office of the Ministry of Energy, Mines and Low Carbon Innovation (“EMLI”) and Mining Operations of the Ministry of Environmental and Climate Change Strategies (“ENV”) to renew the process of reviewing the Company’s proposed amendments to its existing permits, which for the last six months has been held in abeyance pending a determination.”

    About Braveheart Resources Inc.

    Braveheart is a mining company primarily focused on two near-term copper production assets in Canada. Braveheart’s main asset is the 100% owned Bull River Mine project (>135MM lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. Braveheart’s latest acquisition is the 100% owned Thierry Mine project (>1,300MM lbs of copper) near Pickle Lake, Ontario which has a Mineral Resource containing copper, nickel, silver, palladium, platinum and gold.

    Información de contacto
    Braveheart Resources Inc.
    Ian Berzins
    Presidente y Director General
    M: +1-403-512-8202
    E: iberzins@braveheartresources.com
    Página web: www.braveheartresources.com

    Precaución sobre la información prospectiva

    This news release includes certain information that may constitute “forward-looking information” under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks.

    Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company’s continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

    Ni la TSX Venture Exchange ni su Proveedor de Servicios de Regulación (tal y como se define este término en las políticas de la TSX Venture Exchange) aceptan la responsabilidad de la adecuación o exactitud de este nuevo comunicado.

    Para ver la versión original de este comunicado de prensa, visite https://www.newsfilecorp.com/release/139724

  • Zinc8 Energy Solutions Provides Corporate Update

    Zinc8 Energy Solutions Provides Corporate Update

    Noticias de Canadá

    VANCOUVER, BC , Oct. 5, 2022 /CNW/ - Zinc8 Energy Solutions Inc. (” Zinc8 " o el " Empresa “) (CSE: ZAIR) (OTC: ZAIRF) (FSE: 0E9) announces that with respect to employee support and engagement incentives, effective October 5, 2022 , the Company granted an aggregate of 6,600,000 restricted share units (RSUs) to certain key executive and non-executive employees in accordance with the Company’s Long Term Incentive Plan (LTIP).  The RSUs vest in stages as follows: 3,550,000 RSUs vest in stages with 25% vesting on the date of grant and 25% vesting each quarter thereafter; 750,000 RSUs vest as to 25% on the date of grant with the balance vesting over 24 months upon the achievement of performance based milestones; 700,000 RSUs vest as to 140,000 RSUs each on the date of grant, January 5, 2023 , July 1, 2023 , January 5, 2024 y July 1, 2024 ; 250,000 RSUs vest as to 33,333 on each of 5 de diciembre de 2022 y June 6, 2023 , 33,334 on December 5, 2023 , and 50,000 on each of June 5, 2024 , December 5, 2024 y January 5, 2025 ; 450,000 RSUs vest as to 60,000 on 14 de noviembre de 2022 with the balance vesting over 4 years from the date of grant based upon the achievement of performance based milestones;500,000 RSUs vesting as to 100,000 RSUs on 1 de diciembre de 2022 and the balance vesting over 24 months from the date of grant based on the achievement of performance based milestones; and 400,000 RSUs vesting as to 100,000 RSUs on the date of grant and the balance vesting over 3 years from the date of grant based on the achievement of certain performance based milestones.  All the RSUs are subject to a deferral right whereby the holder can defer any vesting date at their option, on five days prior written notice to the Company and in accordance with the terms of the RSU grant notice, to the earlier of the date of a change of control of the Company and the date the holder ceases to provide services to the Company and to be an eligible participant. The RSUs and underlying common shares are subject to a hold period of four months and one day from the date of grant in accordance with the policies of the Canadian Securities Exchange. A copy of the LTIP is available under the Company’s profile on SEDAR.

    The Company also announces that Mr. Tom Hodgson has resigned as a director of the Company. The Board of Zinc8 would like to thank Mr. Hodgson for his insight and experience in helping move the Company towards commercialization and wish him well in his future endeavours.

    “I would like to thank Tom for his support and guidance throughout his time with us,” said Ron MacDonald , CEO and President of Zinc8 Energy Solutions Inc. “His contributions have assisted in setting up the Company for its transition towards having a production facility and we look forward to the continued buildout of our strategy. On behalf of the Board and all of Zinc8’s employees, I would like to wish him the very best.”

    The Company announces that it has voluntarily filed an Annual Information Form (“AIF”) for the year ended 31 de diciembre de 2021 , with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval (“SEDAR”). An electronic copy of the AIF may be obtained on Zinc8 Energy Solutions website at www.zinc8energy.com and on the Company’s SEDAR profile at www.sedar.com .

    Zinc8 has entered into an agreement with OGIB Corporate Bulletin (“Service Provider”) dated October 5, 2022 , for the provision of various corporate communications services for a 12-month term. Pursuant to the agreement, the Company will pay to the Service Provider CAD $150,000 in cash over the term. The Company and the Service Provider act at arm’s length. The Service Provider is a Canadian editor and publisher who produces informational content targeted to retail investors which is published on two websites – www.investingwhisperer.com y www.oilandgas-investments.com .

    Zinc8 Energy Solutions focuses on developing and commercializing its low-cost, long duration ZESS for utilities, microgrid, and Commercial & Industrial markets. By using the patented ZESS as a standalone or an enabling technology, it allows opportunities for peak demand reduction, time-of-use arbitrage, and participation in both the value stacking programs and the distributed long-duration energy storage space, all in conjunction with the opportunity for a significant reduction in carbon footprint. The long duration (8-100+ hours) ZESS has no fire and explosion risk, has no capacity fade over extensive lifetime, and offers complete charge operational flexibility.

    About Zinc8 Energy Solutions Inc.

    Zinc8 has assembled an experienced team to execute the development and commercialization of a dependable low-cost zinc-air battery. This mass storage system offers both environmental and efficiency benefits. Zinc8 strives to meet the growing need for secure and reliable power. To learn more about Zinc8’s technology, please visit: https://zinc8energy.com

    More about the Zinc8 Energy Storage System (ESS)

    El Zinc8 ESS is a modular Energy Storage System designed to deliver power in the range 20kW – 50MW with capacity of 8 hours of storage duration or higher. With the advantage of rechargeable zinc-air flow battery technology, the system can be configured to support a wide range of long-duration applications for microgrids and utilities. Since the energy storage capacity of the system is determined only by the size of the zinc storage tank, a very cost-effective and scalable solution now exists as an alternative to the fixed power/energy ratio of the lithium-ion battery.

    Tecnología

    El Zinc8 ESS is based upon unique patented zinc-air battery technology. Energy is stored in the form of zinc particles, similar in size to grains of sand. When the system is delivering power, the zinc particles are combined with oxygen drawn from the surrounding air. When the system is recharging, zinc particles are regenerated, and oxygen is returned to the surrounding air.

    Applications

    The flexibility of the Zinc8 ESS enables it to service a wide range of applications. Typical examples include:

    • Smoothing energy derived from renewable sources such as wind and solar
    • Commercial/Industrial backup replacing diesel generators
    • Industrial and grid scale, on-demand power for peak shaving and standby reserves
    • Grid-scale services such as alleviating grid congestion, deferring transmission/distribution upgrades, energy trading and arbitrage, and increasing renewable energy penetration.
    Architecture

    El Zinc8 ESS is designed according to a modular architecture that enables a wide variety of system configurations to be created from a small number of common subsystems. Each subsystem implements a single element of the technology:

    • The Zinc Regeneration Subsystem (ZRS) provides the recharging function
    • The Fuel Storage Subsystem (FSS) provides the energy storage function
    • The Power Generation Subsystem (PGS) provides the discharging function
    Notice Regarding Forward Looking Statements

    All statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results or developments that Zinc8 Storage anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking statements.

    Forward looking statements in this press release include that the RSUs granted will vest as described herein, that we can execute the development and commercialization of a dependable low-cost zinc-air battery; that our mass storage system offers both environmental and efficiency benefits; and that we can help meet the needs for secure and reliable power. Zinc8 Energy Solutions believes the material factors, expectations and assumptions reflected in the forward-looking statements are reasonable at this time, but no assurance can be given that these factors, expectations and assumptions will prove to be correct. The forward-looking statements included in this news release are not guarantees of future performance. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements including, without limitation: that we are not able to raise funds as expected; that our technology fails to work as expected or at all; that our technology proves to be too expensive to implement broadly; that customers do not adapt our products for being too complex, costly, or not fitting with their current products or plans; our competitors may offer better or cheaper solutions for battery storage; general economic, market and business conditions; increased costs and expenses; inability to retain qualified employees; our patents may not provide protection as expected and we may infringe on the patents of others; the completion of our planned private placement or are unable to raise all of the funds we are seeking to raise; and certain other risks detailed from time to time in Zinc8 Energy Solution’s public disclosure documents, copies of which are available on the Company’s SEDAR profile at www.sedar.com . Readers are cautioned that the foregoing list of factors is not exhaustive and are cautioned not to place undue reliance on these forward-looking statements.

    The forward-looking statements contained in this news release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

    Neither the CSE nor any Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

    SOURCE Zinc8 Energy Solutions Inc.

    Cision Ver contenido original para descargar multimedia: http://www.newswire.ca/en/releases/archive/October2022/05/c8461.html

  • Suncor sells wind, solar energy portfolio to ATCO in C$730M deal

    Suncor sells wind, solar energy portfolio to ATCO in C$730M deal

    Suncor Energy ( EN LA NYSE: SU ) dijo el miércoles que agreed to sell its wind and solar assets to Canadian Utilities Ltd. ( OTCPK:CDUAF ), an ATCO company, for C$730M (US$536M), as it seeks to focus on areas of energy expansion, hydrogen and renewable fuels that are more complementary to its core business.

    The deal includes a diversified operating portfolio of wind assets including the new 202 MW Forty Mile wind project in Alberta, which is expected to be operational by the end of this year, as well as interests in the Magrath, Chin Chute and Adelaide wind farms in Ontario.

    ATCO said the deal puts it on a firm trajectory to become a major renewable player and achieve its goal of owning, developing or managing more than 1,000 MW of renewable energy by 2030.

    Separately, Suncor ( SU ) said late Tuesday it more than doubled the size of its tender offer for eight series of notes maturing during 2026-42 to C$3.6B from C$1.75B previously .

    Para más detalles, véase:

    Suncor sells wind, solar energy portfolio to ATCO in C$730M deal
  • Suncor Energy Focuses on Hydrogen and Renewable Fuels – Sells Wind and Solar Assets

    Suncor Energy Focuses on Hydrogen and Renewable Fuels – Sells Wind and Solar Assets

    All financial figures are in Canadian dollars.

    Calgary, Alberta–(Newsfile Corp. – October 5, 2022) – Suncor (TSX: SU) (NYSE: SU) today announced it has reached an agreement to sell its wind and solar assets for $730 million to Canadian Utilities Limited, an ATCO company. As previously announced, Suncor is divesting its wind and solar assets to focus on areas of energy expansion, hydrogen and renewable fuels, that are more complementary to its core business as the company progresses to net-zero by 2050.

    “Divesting of these wind and solar assets further streamlines our portfolio so that we can concentrate our efforts on our core business,” said Kris Smith, Suncor Interim President and Chief Executive Officer. “Our ESG efforts will continue to advance in other areas that are complementary to our core business such as replacing coke-fired boilers at Base Plant with lower emission cogeneration units, investing in hydrogen and low-carbon fuels and accelerating commercial scale deployment of carbon capture technology.”

    The sale includes interest in Magrath, Chin Chute and Adelaide wind farms, as well as Forty Mile wind farm which is expected to be operating by year end, and development stage renewable power assets.

    The transaction is expected to close in the first quarter of 2023 and is subject to customary closing conditions, including applicable third-party regulatory reviews and approvals. The purchase price is subject to closing adjustments typical of transactions of this nature.

    Legal Advisory – Forward-Looking Information

    This news release contains certain forward-looking information and forward-looking statements (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements are based on Suncor’s current expectations, estimates, projections and assumptions that were made by the company in light of its information available at the time the statement was made and consider Suncor’s experience and its perception of historical trends. Forward-looking statements in this news release include references to: Suncor’s goal of being net-zero by 2050 and its belief that its focus on areas of energy expansion, hydrogen and renewable fuels are complementary to its core business and will help the company progress towards such goal; its belief that the divestment will further streamline Suncor’s portfolio and allow it to concentrate its efforts on its core business; Suncor’s expectations regarding its ESG efforts; statements regarding the sale of Suncor’s wind and solar assets, including the expectation it will close in the first quarter of 2023; and that the Forty Mile wind asset farm will be operating by year end. In addition, all other statements and information about Suncor’s strategy for growth, expected and future expenditures or investment decisions, commodity prices, costs, schedules, production volumes, operating and financial results and the expected impact of future commitments are forward-looking statements. Some of the forward-looking statements and information may be identified by words like “expects”, “anticipates”, “will”, “estimates”, “plans”, “scheduled”, “intends”, “believes”, “projects”, “indicates”, “could”, “focus”, “vision”, “goal”, “outlook”, “proposed”, “target”, “objective”, “continue”, “should”, “may” and similar expressions.

    Forward-looking statements and information are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to Suncor. Suncor’s actual results may differ materially from those expressed or implied by its forward-looking statements, so readers are cautioned not to place undue reliance on them.

    Suncor’s Management’s Discussion and Analysis for the second quarter of 2022 dated August 4, 2022, its Annual Information Form and Annual Report to Shareholders each dated February 23, 2022, its Form 40-F dated February 24, 2022, and other documents it files from time to time with securities regulatory authorities describe the risks, uncertainties, material assumptions and other factors that could influence actual results and such factors are incorporated herein by reference. Copies of these documents are available without charge from Suncor at 150 6th Avenue S.W., Calgary, Alberta T2P 3E3; by email request to invest@suncor.com; by calling 1-800-558-9071; or by referring to suncor.com/Informes financieros or to the company’s profile on SEDAR at sedar.com o EDGAR en sec.gov. Salvo en la medida en que lo exija la legislación aplicable en materia de valores, Suncor renuncia a cualquier intención u obligación de actualizar o revisar públicamente cualquier declaración prospectiva, ya sea como resultado de nueva información, de acontecimientos futuros o de cualquier otra forma.

    Suncor Energy is Canada’s leading integrated energy company. Suncor’s operations include oil sands development, production and upgrading; offshore oil and gas; petroleum refining in Canada and the U.S.; and the company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway™, a coast-to-coast network of fast-charging electric vehicle stations). Suncor is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. Suncor also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. Suncor has been recognized for its performance and transparent reporting on the Dow Jones Sustainability index, FTSE4Good and CDP. Suncor is also listed on the UN Global Compact 100 stock index. Suncor’s common shares (symbol: SU) are listed on the Toronto Stock Exchange and the New York Stock Exchange.

    – 30 –

    For more information about Suncor, visit our web site at suncor.com o síganos en Twitter @Suncor

    Consultas de los medios de comunicación:
    833-296-4570
    media@suncor.com

    Consultas de los inversores:
    800-558-9071
    invest@suncor.com

    Para ver la versión original de este comunicado de prensa, visite https://www.newsfilecorp.com/release/139693

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