Notícias Financeiras e Ações Canadenses

  • CHARBONE HYDROGÈNE announces signature of a memorandum of understanding with the PORT OF BAIE-COMEAU and the CITY OF BAIE-COMEAU for the development of a green hydrogen production plant

    CHARBONE HYDROGÈNE announces signature of a memorandum of understanding with the PORT OF BAIE-COMEAU and the CITY OF BAIE-COMEAU for the development of a green hydrogen production plant

    Canada NewsWire

    BROSSARD, QC , Sept. 26, 2022 /CNW Telbec/ – CHARBONE HYDROGEN CORPORATION (TSXV:CH) (” Charbone “) is pleased to announce the signature of a memorandum of understanding with CORPORATION DE GESTION DU PORT DE BAIE-COMEAU (o " Port of Baie-Comeau ” or the “Port” ) e o CITY OF BAIE-COMEAU (o " City of Baie-Comeau ou o “City” ), effective 26 de setembro de 2022 , in order to initiate discussions with a view to the eventual conclusion of a definitive agreement (the ” Definitive Agreement “) for the development of a green hydrogen project (the ” Planned Partnership “) comprising Charbone’s green hydrogen production and distribution systems, with an initial capacity of 0.5 megawatts (” MW “) or greater, to be located within or near the Baie-Comeau industrial-port zone. The City also owns its own electrical distribution network, which will facilitate the integration of a modular plant with the potential for capacity expansion that could lead to export outside the region.

    The parties anticipate that the Definitive Agreement will focus first on the creation of a local ecosystem for the production, distribution, and use of green hydrogen, confirming the positioning of the Port of Baie-Comeau e o City of Baie-Comeau as pioneers and leaders in the use of this innovative energy source in a port, maritime and industrial environment. The Port of Baie-Comeau e o City of Baie-Comeau will organize meetings with local businesses to assess current and future decarbonization needs, in addition to participating in the creation of a regional discussion table bringing together Charbone, the Port of Baie-Comeau e o City of Baie-Comeau , as bem as local, provincial, and federal stakeholders, and the academic community.

    “Charbone is determined to create the first regional ecosystems and to participate in the energy and economic transition of the regions,” said Dave B. Gagnon , Chief Executive Officer and Chairman of the Board of Directors of Charbone. “This agreement with the Port and the City of Baie-Comeau is yet another milestone, proving Charbone’s model of development and progressive deployment, and it is not the last.”

    The Port of Baie-Comeau and its industrial-port zone intends to be among the country’s strategic hubs for the production of green hydrogen. Through this agreement, the Port intends to help create an innovative industrial cluster around this green energy, making it possible to meet the energy needs of the North Shore.

    A cidade de Baie-Comeau believes in the future of alternative energies and in the potential of this emerging sector in Quebec . We wish to be a facilitator for the realization of projects promoting the establishment of a green hydrogen hub in Baie-Comeau .

    About Charbone Hydrogen Corporation

    Charbone is a Canadian green hydrogen company established in América do Norte . The company’s strategy is to develop modular and scalable hydrogen production facilities. Through the acquisition of hydroelectric plants in os Estados Unidos e Canadá , Charbone intends to produce green dihydrogen molecules from reliable and sustainable energy to distinguish itself as a supplier of an environmentally friendly solution for industrial and commercial enterprises.

    About Corporation de gestion du Port de Baie-Comeau

    The Port of Baie-Comeau is located in Quebec , on the North Shore of the St. Lawrence River, near the mouth of the Manicouagan River in English Bay. This deep-water, ice-free port currently counts on the presence of major global players in the raw and processed materials sector, namely Cargill and Alcoa. The Port also provides logistics services for the mining and manufacturing industry in Northeastern Quebec and is connected to the national trilho network leading to the American Midwest and all major domestic markets. Its goal as a port is to increase its ability to be an export hub for manufactured goods, natural resources, mining products, grains and the green energy industry. In addition, it is developing its industrial-port area to attract new customers that são part of a carbon-free future. In addition, the Port supports the heavily congested St. Lawrence Seaway and Great Lakes port network. The federal government and the government of Quebec recently allocated $15 milhões to carry out a feasibility study for the construction of a new railway line that would connect the industrial port area of Baie-Comeau para Dolbeau-Mistassini .

    Sobre o City of Baie-Comeau

    O City of Baie-Comeau , an industrial-port city where pride and prosperity flourish, is located in the heart of the Manicouagan-Uapishka World Biosphere Reserve recognized by UNESCO. The City seeks to become a model of attractiveness and belonging to northern regions by putting forward a modern vision of sustainable economic development. It is looking for successful, responsible industrialists with strong environmental performance, particularly in the sectors of green metallurgy, alternative energies, forest fibre valorization, and critical and strategic minerals.

    Declarações Prospectivas

    This press release contains statements that are “forward-looking information” within the meaning of Canadian securities laws (” declarações prospectivas “). These forward-looking statements can often be identified by the words “intend”, “expect”, “anticipate”, “believe”, “plan”, “estimate” or other similar terms. Specifically, this press release contains forward-looking statements regarding the anticipated marketing, sale and distribution of green hydrogen from Charbone, the negotiation and conclusion of the Definitive Agreement, the establishment of the Planned Partnership, the ability of Charbone to produce hydrogen, the planned completion of the Charbone production plant in the City of Baie-Comeau , other statements regarding future product development and markets, including with respect to specific indications , and any other statements that are not statements of historical fato, and the anticipated timing of such events. Forward-looking statements reflect the expectations, estimates or projections of Charbone’s management regarding future results or events, based on the opinions, assumptions and estimates considered reasonable by management as of the date the statements are made. Although Charbone believes that the expectations reflected in forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unforeseeable factors could cause actual results to differ materially from those reflected in the forward-looking statements. Key factors that could cause actual results to differ materially from the forward-looking statements include: whether Charbone, the Port of Baie-Comeau e o City of Baie-Comeau are successful in negotiating and entering into the Definitive Agreement and in the establishment of the Planned Partnership, as well as the time limits provided for such purposes, and the availability of the capital necessary to finance Charbone’s activities in the future. Forward-looking statements may be affected by risks and uncertainties related to Charbone’s business.

    Except as required by applicable securities laws, Charbone does not intend and undertakes no obligation to update or revise any forward-looking statements.

    Nem a TSX Venture Exchange nem seu Provedor de Serviços de Regulamentação (como esse termo é definido nas políticas da TSX Venture Exchange) aceitam a responsabilidade pela adequação ou precisão deste comunicado .

    SOURCE Charbone Hydrogen Corporation

    Cisão Veja o conteúdo original: http://www.newswire.ca/en/releases/archive/September2022/26/c2037.html

  • Barclays PLC (BCS) is down 3.11% Monday In Premarket Trading

    Barclays PLC (BCS) is down 3.11% Monday In Premarket Trading
  • HSBC Holdings plc (HSBC) has fallen 4.65% Monday In Premarket Trading

    HSBC Holdings plc (HSBC) has fallen 4.65% Monday In Premarket Trading
  • Zonetail Partners with Embedded Product Ordering Company MealMe to Boost Revenue

    Zonetail Partners with Embedded Product Ordering Company MealMe to Boost Revenue

    Zonetail will embed MealMe’s technology into the Zonetail app to give users the ability to order 300M+ products from 1M+ local stores for pickup/ ultrafast delivery directly in the Zonetail app.

    Toronto, Ontario–(Newsfile Corp. – September 26, 2022) – Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) (“Zonetail”) announces it has signed a groundbreaking agreement with MealMe, Inc. (“MealMe”) a leader in embedded commerce technology.

    Zonetail is partnering with MealMe to allow users of the Zonetail mobile application to purchase over 300,000,000 food, beverages, and household items from over 1,000,000 local restaurants, grocery and retail stores directly within the Zonetail application. When users make a purchase on the Zonetail application, they can either choose pickup or less than one hour delivery. Integrating the MealMe API will allow Zonetail to significantly enhance its transactional revenue stream in addition to their advertising and payment processing revenue streams.

    “This partnership with MealMe enables Zonetail to monetize every time a resident purchases food, beverages, or household items for their unit. MealMe has the potential to significantly increase our revenue potential for the years to come,” said Errol Farr, CFO of Zonetail.

    MealMe’s coverage of restaurants and stores in almost every city across the United States and Canada empowers Zonetail to monetize through transactional revenue as Zonetail continues to expand across the continent. In addition, the MealMe API will add exceptional content for Zonetail’s restaurant and shopping categories across every major North American market.

    “Zonetail is already the trusted source of information and communication for high rise residents. The added ability for those users to purchase products within the Zonetail app not only significantly improves the user experience, but also will prove to be extremely lucrative for Zonetail,” said Mark Holmes, CEO and President of Zonetail.

    More news on the rollout of this integration to come in future press releases.

    About Zonetail

    Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) is a mobile platform and market network. Our Mission is to provide a state-of-the-art mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities, and services. Our Vision is to build a critical mass of users in the hard-to-reach, high rise residential vertical, through a unique mobile market network model – providing vital information, products, and services at the tap of a screen. We are the search engine to optimize your home. Zonetail is partnered with Yardi, Shiftsuite and now MRI Software which together account for an estimated 50 million households across North America.

    Por favor, visite https://www.zonetail.com.

    Para maiores informações, favor entrar em contato:

    Mark Holmes
    Presidente e CEO
    Zonetail Inc.
    Telephone: (416) 994-5399
    mark@zonetail.com

    About MealMe

    MealMe, Inc. is a San Francisco based software company that enables businesses to monetize by selling products from local stores. MealMe’s technology embeds ordering of 300M+ products from 1M+ restaurants, grocery stores, and retail stores in the US and Canada.

    Legal Disclaimer and Forward-Looking Statements

    This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate and are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

    Para ver a versão de origem deste comunicado de imprensa, por favor, visite https://www.newsfilecorp.com/release/138381

  • Compounders And Dividends: A Portfolio

    Compounders And Dividends: A Portfolio

    Sumário

    • I’m focused on high-quality dividend growth companies.
    • I group my portfolio into 5 buckets: Core Dividend Growth, High Dividend Growth, High Yield, Non-Dividend Payers, and Other Bets.
    • I have a strong focus on filling my portfolio with a large quantity of high-quality companies.

    Editor’s note: Seeking Alpha is proud to welcome Three Wood Capital as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more »

    I am excited to start writing here at Seeking Alpha and bring everyone along on my journey to financial freedom. I’m a 31 year old financial professional with a new(er) portfolio. I’m married and my wife is staying at home to raise our first child (born this year!). I realized I was already doing a lot of work to research and write about my portfolio, and given that some of my favorite articles on Seeking Alpha are when others write about their portfolios, I decided to contribute my thoughts to the community. My time horizon is extremely long, since I have the intention of passing my portfolio down. Therefore, I always try to hold onto my positions long-term, which I believe is the best way to compound capital over the long run.

    In my first post, I wanted to go over my portfolio, allocations, objectives, and thoughts about how I construct my portfolio. I included a high level look at the single-stock portion of my portfolio at the bottom of the post. In general, I group my stocks into one of five categories:

    1. Core Dividend Growth — Expectations of mid to high single digit growth

    2. High Dividend Growth — Expectations of an average of double digit dividend growth over the next few years

    3. High Yield — Expectations of a yield in excess of 4% growing at low-to-mid single digits

    4. Non-Dividend — Pretty self explanatory

    5. Other Bets — Companies that don’t easily fit into the above four categories. Hilton ( HLT ) and The Walt Disney Company ( DIS ) were pre-pandemic dividend payers that suspended their dividend to shore up their balance sheet (both of which, in my opinion, were the correct decisions). HLT has resumed its dividend, but I’m not expecting any growth. DIS continues to prioritize its DTC offering, DIS does not expect to pay a dividend until it reduces its leverage ratio consistent with an A rating. Financial Institution A is the company I currently work for.

    Note that the reason I’m not disclosing my current company is because it does not really fit into my overall investment strategy. My sales and purchases have nothing to do with my belief in the company over the short or long term. I receive a discount when purchasing shares and, while I try to hold on to shares long term to avoid short-term capital gains, I will sell shares for personal reasons. My purchase of shares is not just an investment opportunity; it’s part of my overall compensation. Being able to dump a nice chunk of my salary and instantly realize a low double-digit return can be attractive at times. I also don’t feel too comfortable having a large chunk of money in my own company’s stock since I already have a large exposure to them through my salary.

    I also maintain a watchlist of companies that I will publish at a later time. One company I will note below that’s not a “real” portion of the portfolio is Olaplex ( OLPX ). It’s a micro position held in my wife’s Roth IRA. She has no desire to sell it, so it stays.

    As you can see, there are a large number of positions. That is a feature, not a bug. While I’d love to hold a concentrated portfolio of my 10 highest conviction picks, I instead defer to quantity+quality. I’m a firm believer that quantity drives quality. Having a large number of positions with a focus on quality provides you with a greater chance of filling your portfolio with gems (and minimizing the impact of allocating capital to duds) while avoiding the left end of the curve where you experience permanent loss of capital. I’m not trying to get rich quick; I’m only targeting a comfortable “earlier” retirement.

    Objective

    The objective of my portfolio is to grow my dividend income by 10%+ yearly, with no bias towards where that growth originates (organic or new money). This will change in time to focus more on organic dividend growth, but at this time I’m just trying to rapidly increase sustainable dividend growth without sacrificing quality. The High Dividend Growth bucket may not add a lot of money year one, but if I’m still hitting my 10% target, those dividends will bear fruit five or ten years from now.

    What I’m not trying to do is to “beat” the S&P 500. If I do, wonderful. I have money in my 401K and in my wife’s 401K and IRA that is tied to the S&P 500. I decided not to index my entire portfolio because I think researching companies and actively managing my portfolio is downright enjoyable. I like it. It’s one of my hobbies. At some point, I plan to convert all of my indexed money to single stocks in retirement to be able to live off the dividends and pass them down to my child((REN)). I can’t do that successfully unless I’ve spent years managing my own portfolio. I also believe evaluating and picking stocks helps one become more decisive in other areas of life.

    Dividend Reinvestments

    Here is my dividend reinvestment “flowchart”:

    • If my projected dividend growth is less than 10% for the year, all dividends are reinvested into the Core Dividend Growth, High Dividend Growth, and High Yield buckets;

    • If projected dividend growth is in excess of 10%, but less than 20%, up to 25% of dividends can be invested into the Non-Dividend or Other Bets buckets;

    • If projected dividend growth is in excess of 20%, up to 50% of dividends can be invested into the Non-Dividend and/or Other Bets buckets;

    • Dividends are reinvested first by desired allocation and second by valuation; and

    • Dividends are pooled and reinvested on the first of the following month.

    I found that I need to have a plan that I religiously stick to so that my portfolio objective can be met. By prioritizing dividend growth, I am setting myself up for long-term compounding while allowing my portfolio to allocate capital to non-dividend payers when the primary portfolio objective is met.

    New Money Investments

    New money added to the portfolio follows a similar flowchart from above, with projected dividend growth being the key factor to what bucket the money can be allocated. Instead of prioritizing allocation with new money, I am instead focusing on valuation first with allocation being considered second. New money tries to buy the best deals I see, unless that purchase would really blow out an allocation. I try to keep single stock allocations under 3% but, as you can see from below, the market does what it does. There are some companies I’m perfectly happy to live above that 3% target, including Microsoft ( MSFT ), Apple ( AAPL ), Visa ( V ), Mastercard ( MA ), Moody’s ( MCO ), S&P Global ( SPGI ), Texas Instruments ( TXN ), Costco ( CUSTO ), e Alfabeto ( GOOGL ).

    Investimentos

    As noted, I bucket my investments into five categories, but across those categories there are a lot of similarities with how I select which stocks to invest in. In general, I’m looking for companies with large competitive advantages in oligopolistic industries with track records of being friendly to shareholders. Idea generation is typically done from reading articles on Seeking Alpha, the WSJ, looking at the portfolios of some investors (Chris Hohn, Mohnish Pabrai, Li Lu, Warren Buffett, Bill Nygren, Chuck Akre, etc…), and other general reading. Below are some of the key investment areas.

    Payment Rails, Northern Railroads, Rating Agencies

    In markets where there are high barriers to entry and few big players, I find it easier just to own the whole market. I could spend hours, days or weeks researching markets and be unable to decide which company is “better.” Therefore, it’s easier to just own the whole market. Other markets in my portfolio that are similar to the above three (but not perfect comparisons due to competition or other factors) include home retailers (Home Depot ( HD ) and Lowe’s ( BAIXO )), physical general retailers (Target ( TGT ) and COST), and cloud computing (MSFT and GOOGL, (Amazon ( AMZN ) will appear in this portfolio eventually)).

    Compounders

    I love companies that have been able to compound over decades through smart capital allocation. Examples of these companies include the companies listed above and AAPL, TXN, Broadcom ( AVGO ), Air Products and Chemicals ( APD ), Essex Property Trust ( ESS ), AbbVie ( ABBV ), Vulcan Materials ( VMC ), Starbucks ( SBUX ), American Tower ( AMT ), Automatic Data Processing (ADP), Danaher ( DHR ), and Old Dominion Freight Line ( ODFL ). This is the area of my portfolio that I’m looking to grow the most. These companies have proven to be stewards of shareholders’ capital and I’m more than happy to partner with the wonderful companies over the coming decades.

    Outros

    Those are the two areas where I try to focus the majority of my money. Other areas are companies that I feel like I know very well or appear cheap relative to some metric of historical multiple, dividend yield, FCF yield, etc. These companies include beaten down giants (Comcast ( CMCSA) ), secular plays (ConocoPhillips ( COP ), EOG Resources ( EOG ), and NextEra ( NEE )), bets on companies who freeze their dividend with the expectation of resuming (CVS Health ( CVS ), HLT, and DIS), and companies that I generally believe are cheap (Meta Platforms ( META ) and Netflix ( NFLX )). All of these obviously won’t work, but I like to get as many swings as I can.

    Empresa

    Ticker

    Allocation

    Crescimento do Dividendo Principal

    39.691%

    Microsoft Corporation

    (MSFT)

    8.843%

    Apple, Inc.

    (AAPL)

    6.859%

    Essex Property Trust, Inc.

    (ESS)

    3.653%

    Canadian National Railway

    (CNI)

    3.490%

    AbbVie, Inc.

    (ABBV)

    2.709%

    Air Products and Chemicals, Inc.

    (APD)

    2.552%

    Canadian Pacific Railway

    (CP)

    1.903%

    Qualcomm Incorporated

    (QCOM)

    1.734%

    Comcast Corporation

    (CMCSA)

    1.340%

    Vulcan Materials Company

    (VMC)

    1.242%

    CVS Health Corporation

    (CVS)

    1.236%

    ConocoPhillips

    (COP)

    1.168%

    EOG Resources, Inc.

    (EOG)

    1.039%

    Starbucks Corporation

    (SBUX)

    0.946%

    A Coca-Cola Company

    (KO)

    0.532%

    NextEra Energy, Inc.

    (NEE)

    0.447%

    Elevado Crescimento de Dividendos

    44.157%

    Broadcom, Inc.

    (AVGO)

    5.135%

    Moody’s Corporation

    (MCO)

    4.704%

    MasterCard Incorporated

    (MA)

    3.866%

    Visa, Inc.

    (V)

    3.673%

    Costco Wholesale Corporation

    (COST)

    3.471%

    Lowe’s Companies, Inc.

    (LOW)

    3.307%

    Texas Instruments Incorporated

    (TXN )

    3.199%

    S&P Global, Inc.

    (SPGI)

    2.947%

    The Home Depot, Inc.

    (HD)

    2.881%

    American Tower Corp.

    (AMT)

    2.479%

    Processamento automático de dados, Inc.

    (ADP)

    2.434%

    Danaher Corporation

    (DHR)

    2.383%

    Old Dominion Freight Line, Inc.

    (ODFL)

    1.762%

    Corporação alvo

    (TGT)

    1.414%

    Estee Lauder Companies, Inc.

    (EL)

    0.499%

    Alto Rendimento

    4.284%

    Altria Group, Inc.

    (MO)

    2.311%

    Renda de imóveis

    (O)

    1.972%

    Não-Dividendo

    10.752%

    Alfabeto, Inc.

    (GOOGL)

    4.392%

    Meta Platforms, Inc.

    (META)

    3.263%

    Netflix, Inc.

    (NFLX)

    2.953%

    Olaplex Holdings

    (OLPX)

    0.144%

    Other Bets

    1.116%

    Hilton Worldwide Holdings, Inc.

    (HLT)

    0.687%

    A Walt Disney Company

    (DIS)

    0.374%

    Financial Institution A

    0.055%

    *No significant amount of cash is held in any of my accounts. My wife and I carry an emergency fund which could be deployed into the market if needed, but I don’t anticipate that happening. New money gets added and invested into the portfolio every two weeks.

    Below is a look at my allocations by sector:

    Pie Chart of Allocations

    My Allocation (Google Sheets)

    And here is the allocation by sector of VOO:

    Pie Chart of SP 500 Allocation

    SP 500 Allocation (VOO)

    You can see the key areas of divergence are (provided below) information technology (where I’m 1,123 basis points over the S&P 500) and healthcare (where I’m 765 basis points under the S&P 500). I’m generally fine with this, and some new positions I plan to add will mix these up a bit. In some areas, including materials, technology, and communication services, I want to be over allocated since I think the businesses I’m invested in are going to be great long term compounders. In other areas, including energy and utilities, I’m happy to be under allocated at this point because I’m having a harder time feeling comfortable increasing my allocations there. An area I’d like to reduce would be real estate, but I plan to do that by not adding new money or dividend reinvestments to that sector.

    Delta (Basis Points)

    Materiais básicos

    158

    Cíclico de consumo

    -196

    Serviços financeiros

    -535

    Imóveis

    516

    Defesa do consumidor

    -9

    Assistência médica

    -765

    Utilidades

    -198

    Serviços de comunicação

    400

    Energia

    -239

    Industriais

    -111

    Tecnologia

    1123

    Conclusion and Question

    I’m looking forward to writing monthly articles here to bring the community along with me on my journey. I stack up the dividend payments throughout the month and selectively reinvest on the first of the next month. Hoping to provide some year over year % growth starting in January 2023!

    One question to the readers, how do you bucket your own portfolio? Sectors, dividend growth, core holdings? I’d love to hear and learn from the community.

    Para mais detalhes, veja:

    Compounders And Dividends: A Portfolio
  • Royal Fox Reports Warrant Exercise by Insiders and Reminds Warrant Holders of Opportunity to Capture Further Consideration Shares

    Royal Fox Reports Warrant Exercise by Insiders and Reminds Warrant Holders of Opportunity to Capture Further Consideration Shares

    Toronto, Ontario–(Newsfile Corp. – September 26, 2022) – Royal Fox Gold Inc. (TSXV: FOXG) (“Royal Fox” or the “Company”) reports that, in light of the acquisition by Northern Superior Resources Inc. (TSXV: SUP) (OTCQX: NSUPF) (“Northern Superior”) announced on September 6, 2022 (the “Transaction”), insiders have exercised a total of 6,500,000 warrants of the Company having a strike price of C$0.06. The Company also reminds warrant holders of the necessity to exercise warrants before the closing of the Transaction in order to be entitled to receive the contingent value right (the “CVR”) as part of the Transaction. The CVR could be worth up to 0.06 of an additional share of Northern Superior, a value of approximately C$0.03 per share of Royal Fox based on the closing price of Northern Superior shares on September 23, 2022.

    To receive the CVR, and therefore be entitled to further consideration shares, the Company recommends that warrant holders complete the warrant exercise process by no later than October 28, 2022. The closing of the Transaction is expected to take place on or around November 4, 2022.

    Pursuant to the Transaction, in addition to the base purchase price of 0.12 of a share of Northern Superior per share of Royal Fox, shareholders of the Company will receive contingent consideration in the form of one CVR for each Royal Fox share. The CVR will provide for the potential payment of additional consideration upon the declaration of a mineral resource estimate of 1.2 million ounces or more on the Company’s Philibert project (the “Philibert Project”) in the inferred, measured and indicated categories (as such terms are defined in National Instrument 43-101 – Normas de Divulgação para Projetos Minerais) (the “Resource Calculation”) within 12 months from the closing of the Transaction.

    Upon the declaration of the Resource Calculation, each CVR will be exchanged for:

    • 0.02 of a Northern Superior share, if the Resource Calculation is equal to or greater than 1.2 million ounces of gold and less than 1.6 million ounces of gold;
    • 0.04 of a Northern Superior share, if the Resource Calculation is equal to or greater than 1.6 million ounces of gold and less than 2.0 million ounces of gold; or
    • 0.06 of a Northern Superior share, if the Resource Calculation is equal to or greater than 2.0 million ounces of gold.

    The considerations above represent a value of approximately C$0.01, C$0.02 and C$0.03 per share, respectively, based on the closing price of Northern Superior shares on September 23, 2022.

    Details of Insider Activity

    Mr. Victor Cantore, Executive Chairman of Royal Fox, exercised 3,500,000 warrants for cash consideration of C$210,000 on September 22, 2022, and Mr. Simon Marcotte, President and CEO of Royal Fox, exercised 3,000,000 warrants for cash consideration of C$180,000 on September 21, 2022. Both Messrs. Cantore and Marcotte are expected to maintain their positions as Executive Chairman, and President and CEO, respectively, as they transition to Northern Superior on the closing of the Transaction.

    None of the securities to be issued pursuant to the Transaction have been or will be registered under the United State Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and any securities issued in the Transaction are anticipated to be issued in reliance upon available exemptions from such registration requirements pursuant to Section 3(a)(10) of the U.S. Securities Act and applicable exemptions under state securities laws. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

    About Royal Fox Gold Inc.

    Royal Fox Gold Inc. is a mineral exploration company focused on the development of the Philibert Project near Chibougamau, Québec. The Philibert Project comprises 110 mineral titles having a total approximate area of 5,393 hectares of highly prospective ground, 9km from IAMGOLD’s Nelligan Gold project which was awarded the “Discovery of the Year” by the Quebec Mineral Exploration Association (AEMQ) in 2019.

    To date, more than C$13M (historical value) have been spent on the Philibert Project, with more than 75,000 metres of drilling completed. The Company is focused on de-risking the asset and releasing a maiden NI 43-101 resource estimate which will incorporate results from both brownfield and greenfield exploration, combined with extensive historical data. The Philibert Project is owned by SOQUEM. Royal Fox is currently undergoing an ownership option process, details of which can be found in the corporate presentation available on the Company’s website.

    More details are available in the corporate presentation of Royal Fox at: www.royalfoxgold.com.

    EM NOME DO CONSELHO DE ADMINISTRAÇÃO

    Simon Marcotte“, CFA
    Simon Marcotte, President and Chief Executive Officer of Royal Fox Gold Inc.

    Para maiores informações, favor entrar em contato:

    Simon Marcotte, CFA
    President and Chief Executive Officer of Royal Fox Gold Inc.
    +1-647-801-7273
    Email: smarcotte@royalfoxgold.com

    Nem a TSX Venture Exchange nem seu Provedor de Serviços de Regulamentação (como esse termo é definido nas políticas da TSX Venture Exchange) aceitam a responsabilidade pela adequação ou precisão deste comunicado.

    Nota de cautela em relação às declarações prospectivas

    Certain statements contained in this news release constitute forward-looking information under applicable Canadian, United States and other applicable securities laws, rules and regulations, including, without limitation, statements with respect to the completion of the Transaction and the declaration of an expected mineral resource estimate on the Philibert Project within 12 months from the closing of the Transaction and the issuance of additional Northern Superior shares as a result. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Royal Fox’s current beliefs or assumptions as to the outcome and timing of such future events. There can be no assurance that such statements will prove to be accurate, as Royal Fox’s actual results and future events could differ materially from those anticipated in these forward-looking statements. Factors that could cause actual results and future events to differ materially from those anticipated in these forward-looking statements include the risks, uncertainties and other factors and assumptions made with regard to Northern Superior and Royal Fox’s ability to complete the proposed Transaction and Northern Superior and Royal Fox’s ability to secure the necessary shareholder, securityholder, legal and regulatory approvals required to complete the Transaction. Important factors that could cause actual results to differ materially from Royal Fox’s expectations include risks related to the satisfaction or waiver of certain conditions to the closing of the Transaction; non-completion of the Transaction; risks related to exploration and potential development of the Philibert project; business and economic conditions in the mining industry generally; the impact of COVID-19 on Royal Fox’s business; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and indigenous groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risk factors as detailed from time to time and additional risks identified in Royal Fox’s filings with Canadian securities regulators on SEDAR in Canada (available at www.sedar.com). Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Royal Fox. The forward-looking information contained in this news release is made as of the date hereof and Royal Fox undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

    Para ver a versão de origem deste comunicado de imprensa, por favor, visite https://www.newsfilecorp.com/release/138384

  • Finning International announces President and CEO succession

    Finning International announces President and CEO succession
    • Finning International’s ( OTCPK:FINGF ) current COO Kevin Parkes will succeed Scott Thomson as President and CEO and will join the Board on November 16, 2022.

    • Kevin Parkes became COO for the company in April 2022, after serving as President of Finning Canada since 2019.

    • Comunicado à imprensa

    Para mais detalhes, veja:

    Finning International announces President and CEO succession
  • Plurilock Announces Addition of Patrick Gorman to Advisory Board

    Plurilock Announces Addition of Patrick Gorman to Advisory Board

    Mr. Gorman provides over 35 years of experience working in digital strategy, systems and product development, technology risk management, and cybersecurity in both the government and commercial sectors

    Vancouver, British Columbia–(Newsfile Corp. – September 26, 2022) – Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries (“Plurilock” or the “Company”), an identity-centric cybersecurity solutions provider for workforces, is pleased to announce the addition of Patrick Gorman to the Company’s Advisory Board.

    With over 35 years of strategy and product development and risk management experience, Mr. Gorman was most recently an Executive Vice President with Booz Allen Hamilton where he was a leader in the firm’s 5G and cyber practice and was the head of Dark Labs, the firm’s advanced cyber adversary research, vulnerability analysis and rapid prototyping group. Prior to that, Mr. Gorman served as the Head of Strategy and Product at CyberGRX, a Cyber Third Party Risk Management company. Before joining CyberGRX, he was the Chief Security Officer (CSO) for Bridgewater Associates, where he was in charge of cyber, physical, and staff security for the world’s largest hedge fund. Mr. Gorman was also previously the Senior Vice President and global Chief Information Security Officer (CISO) for Bank of America/Merrill Lynch, where he had global responsibility for cyber security policy, cyber technology and controls, compliance management and security operations.

    Mr. Gorman has a distinguished history in government, including holding the position as Asst. Director of National Intelligence (ADDI) and Chief Information Officer (CIO) for the U.S. Intelligence Community where he was responsible for IT transformation and cybersecurity for all national intelligence agencies in the US. He served as one the principal parties to stand up the Transportation Security Administration (TSA) after 9/11, and worked at the Joint Chiefs of Staff in the 1990s on developing the US Department of Defense’ doctrine and capabilities design and development for Network Centric Warfare, Information Operations and Cyberwar programs. Prior to that, Patrick spent over ten years in the United States Air Force as part of The National Security Agency/Central Security Service (NSA/CSS) in signals intelligence, electronic warfare, and psychological operations with service in the Electronic Security Command, Air Force Intelligence Command, and USAF Special Operations Command.

    He holds degrees in government and economics from the University of Maryland, a Master of Arts in Russian and Eastern European Studies from the George Washington University, an executive program in Business Strategy at Harvard Business School, and is a graduate of the Defense Language Institute (Russian and Serbo-Croatian). He sits on numerous boards of firms focused on cybersecurity and privacy.

    “We are pleased to welcome Mr. Gorman, a seasoned veteran, to Plurilock’s Advisory Board,” said Ian L. Paterson, CEO of PlurilockTM. “Given his extensive experience and successful track record in technology risk management and cybersecurity, he will provide us with expert guidance in growing our operations within both the public and private sector.”

    Plurilock has granted Mr. Gorman an option to acquire 150,000 common shares with an exercise price of C$0.20 per share, for five years. The options vest over a four-year period.

    Sobre a Plurilock

    A Plurilock fornece segurança cibernética centrada na identidade para a força de trabalho de hoje. A família de empresas Plurilock permite que as organizações operem com segurança e segurança enquanto reduzem o atrito cibernético de segurança. A Plurilock oferece soluções de TI e de segurança cibernética de classe mundial através de sua Divisão de Soluções, juntamente com segurança proprietária, orientada por IA e amigável à nuvem através de sua Divisão de Tecnologia. Juntas, a família de empresas Plurilock oferece garantia de identidade persistente com facilidade de uso inigualável.

    Para mais informações, visite https://www.plurilock.com ou contato:

    Ian L. Paterson
    Diretor Executivo Principal
    ian@plurilock.com
    416.800.1566

    Roland Sartorius
    Diretor Financeiro
    roland.sartorius@plurilock.com

    Prit Singh
    Relações com Investidores
    prit.singh@plurilock.com
    905.510.7636

    Declarações Prospectivas

    This press release may contain certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) related to future events or Plurilock’s future business, operations, and financial performance and condition. Forward-looking statements normally contain words like “will”, “intend”, “anticipate”, “could”, “should”, “may”, “might”, “expect”, “estimate”, “forecast”, “plan”, “potential”, “project”, “assume”, “contemplate”, “believe”, “shall”, “scheduled”, and similar terms. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Plurilock’s business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, the success of the Company in obtaining new or extended contracts or orders; the Company’s ability to maintain existing customers or develop new customers; the Company’s ability to successfully integrate acquisitions of other businesses and/or companies or to realize on the anticipated benefits thereof; and unforeseen events, developments, or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. This list is not exhaustive of the factors that may affect the Company’s forward-looking statements. Many of these factors are beyond the control of Plurilock. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Plurilock undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company’s business are more fully discussed under the heading “Risk Factors” in its most recent Annual Information Form. They are otherwise disclosed in its filings with securities regulatory authorities available on SEDAR at www.sedar.com.

    Non-GAAP Measures

    This news release contains reference to certain financial performance measures that are not recognized or defined under IFRS (termed “Non-GAAP Measures”). As a result, this data may not be comparable to data presented by other cybersecurity companies. Non-GAAP Measures in this news release include, but are not limited to, “EBITDA”. Non-GAAP Measures should be considered together with other data prepared in accordance with IFRS to enable investors to evaluate the Company’s operating results, underlying performance and prospects in a manner similar to Aurora’s management. Accordingly, these non-GAAP Measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

    Nem a TSX Venture Exchange nem seu Provedor de Serviços de Regulamentação (como esse termo é definido nas políticas da TSX Venture Exchange) aceitam a responsabilidade pela adequação ou precisão deste comunicado.

    Para ver a versão de origem deste comunicado de imprensa, por favor, visite https://www.newsfilecorp.com/release/138400

  • Avalara Files Investor Presentation in Connection with Proposed Transaction with Vista Equity Partners

    Avalara Files Investor Presentation in Connection with Proposed Transaction with Vista Equity Partners

    Urges Shareholders to Vote “FOR” Transaction Ahead of Special Meeting of Shareholders on October 14, 2022

    Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced that it has filed an investor presentation highlighting the value maximizing, all-cash transaction entered into with Vista Equity Partners (“Vista”) on August 8, 2022. The presentation can be found on the investor page of Avalara’s website at investor.avalara.com .

    Highlights of the presentation include:

    • The Avalara Board was strategic and proactive initiating a sale process considering the continued degradation of performance and further operating challenges anticipated as a standalone public company
      • Addressing international weakness would require a multi-year rebuild and result in year-over-year growth declines likely through 2023
      • Go-to-market transformation required to reaccelerate demand generation, as well as high sales and marketing attrition contributing to 2022 sharp sales decline, increases volatility and weighs on growth
      • Lower expected 2022 performance, major execution challenges and uncertain macroeconomic backdrop would likely have required Avalara to guide down 2022 revenue expectations
      • Conditions have worsened and peers have traded down since transaction announcement
    • The transaction delivers certain cash value with no risk at an attractive valuation and premium
      • 8.8x transaction multiple represents a premium multiple compared to public software’s long-term and current trading multiple and is in the top decile for all-cash acquisitions of U.S. public software companies larger than $1 billion in the last decade
      • 27% premium to undisturbed price prior to public rumors of a sale
      • Transaction multiple and premium would be even higher if potential effects of post-Q2 trading and lowering of previously provided forward guidance are considered
    • A comprehensive sale process was conducted to maximize shareholder value with strong independent board oversight
      • Board, with the support of independent advisors, proactively initiated a comprehensive review of strategic options, including remaining a standalone company, following an analysis of the business performance and financial outlook
      • Engaged with eight potentially interested parties, including proactive outreach to seven financial sponsors
      • No strategic acquirers expressed indication of interest of formal transaction proposal since Avalara’s IPO, including during the one-month period following public rumors of a sale
      • Board negotiated with Vista extensively following its revised offer, resulting in several price increases

    Avalara urges shareholders to vote today “FOR” the value maximizing transaction with Vista using the WHITE proxy card to receive $93.50 per share.

    Avalara shareholders who need assistance in voting their shares may call toll-free Avalara’s proxy solicitor, Innisfree M&A Incorporated, at (877) 687-1873 (U.S. or Canada) or +1 (412) 232-3651 (international). A special meeting of Avalara’s shareholders to be held virtually in connection with the proposed merger on October 14, 2022, at 9:00 a.m., Eastern Time. Shareholders will be able to attend the meeting by visiting www.cesonlineservices.com/avlr22_vm , where they will be able to listen to the special meeting, submit questions, and vote. To participate in the special meeting, shareholders must pre-register at www.cesonlineservices.com/avlr22_vm by 9:00 a.m., Eastern Time on Thursday, October 13, 2022. Shareholders will not be able to attend the meeting in person.

    Conselheiros

    Goldman Sachs & Co. LLC is serving as exclusive financial advisor to Avalara, and Simpson Thacher & Bartlett LLP and Perkins Coie LLP are acting as legal counsel.

    Sobre Avalara

    A Avalara ajuda as empresas de todos os tamanhos a obterem a conformidade fiscal correta. Em parceria com os principais fornecedores de ERP, contabilidade, comércio eletrônico e outros sistemas de gestão financeira, a Avalara fornece soluções de conformidade baseadas em nuvem para vários impostos sobre transações, incluindo vendas e uso, IVA, GST, impostos especiais de consumo, comunicações, hospedagem e outros tipos de impostos indiretos. Com sede em Seattle, a Avalara tem escritórios nos Estados Unidos e no mundo inteiro no Brasil, Europa e Índia. Mais informações em avalara.com.

    Informações adicionais e onde encontrá-lo

    This communication has been prepared in respect of the proposed transaction involving Avalara, Inc. (“Avalara”) and affiliates of Vista Equity Partners and does not constitute a solicitation of any vote or approval. In connection with the proposed transaction, Avalara has filed a definitive proxy statement on Schedule 14A on September 12, 2022 (the “Proxy Statement”) relating to a special meeting of its shareholders with the Securities and Exchange Commission (the “SEC”). Additionally, Avalara may file other relevant materials in connection with the transaction with the SEC. Shareholders of Avalara are urged to read carefully and in their entirety the Proxy Statement and any other relevant materials filed or that will be filed with the SEC when they become available because they contain or will contain important information about the proposed transaction and related matters. The Proxy Statement has been filed with the SEC and mailed or otherwise made available to Avalara shareholders. Shareholders will be able to obtain a copy of the Proxy Statement, as well as other filings containing information about the transaction that are filed by Avalara with the SEC, free of charge on EDGAR at www.sec.gov or on the investor relations page of Avalara’s website at investor.avalara.com .

    Participantes na Solicitação

    Avalara and its directors, executive officers, and certain other members of management and employees of Avalara may be deemed to be participants in the solicitation of proxies from the shareholders of Avalara in respect of the proposed transaction. Information about Avalara’s directors and executive officers is set forth in the proxy statement for Avalara’s 2022 Annual Meeting of Shareholders, which was filed with the SEC on April 21, 2022. Other information regarding the persons who may, under the rules of the SEC, be considered participants in the proxy solicitation and a description of their interests is contained in the Proxy Statement and other relevant materials to be filed with the SEC in respect of the proposed transaction.

    Porto Seguro para Declarações Prospectivas

    Certain statements contained in this communication may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements regarding Avalara’s expectations regarding the proposed transaction with affiliates of Vista Equity Partners and the future performance and financial results of Avalara’s business and other non-historical statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words “predicts,” “plans,” “expects,” “anticipates,” “believes,” “goal,” “target,” “estimate,” “potential,” “may,” “might,” “could,” “see,” “seek,” “forecast,” and similar words. Avalara cautions readers of this communication that such “forward looking statements”, wherever they occur in this communication or in other statements attributable to Avalara, are necessarily estimates reflecting the judgment of Avalara’s senior management and are based on Avalara’s current plans and expectations and involve risks and uncertainties which are, in many instances, beyond Avalara’s control, and which could cause actual results to differ materially from those included in or contemplated or implied by the forward-looking statements. Such risks and uncertainties include, among others: (i) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement; (ii) the failure to obtain approval of the proposed transaction by Avalara shareholders; (iii) the failure to obtain required regulatory approval to the completion of the proposed transaction or the failure to satisfy any of the other conditions to the completion of the proposed transaction, including that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the proposed merger; (iv) the risk that the proposed merger will not be consummated in a timely manner, including if the debt and equity financing for the proposed transaction is not funded in accordance with their respective terms; (v) the effect of the announcement of the proposed transaction on the ability of Avalara to retain and hire key personnel and maintain relationships with its key business partners and customers, and others with whom it does business, or on its operating results and businesses generally; (vi) the response of competitors to the proposed transaction; (vii) risks associated with the disruption of management’s attention from ongoing business operations due to the proposed transaction; (viii) the ability to meet expectations regarding the timing and completion of the proposed transaction; (ix) significant costs associated with the proposed transaction; (x) potential litigation relating to the proposed transaction; and (xi) restrictions during the pendency of the proposed transaction that may impact Avalara’s ability to pursue certain business opportunities. Additional factors that could cause Avalara’s actual outcomes or results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” sections of Avalara’s Annual Report on Form 10-K for the period ended December 31, 2021, Quarterly Report on Form 10-Q for the period ended March 31, 2022 and Quarterly Report on Form 10-Q for the period ended on June 30, 2022, as such factors may be further updated from time to time in Avalara’s other filings with the SEC. These reports are or will be accessible on the SEC’s website at www.sec.gov . These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in Avalara’s filings with the SEC. As a result of such risks, uncertainties and factors, Avalara’s actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. Avalara is providing the information in this communication as of this date and assumes no obligations to update the information included in this communication or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Para consultas de investidores, entre em contato:
    Jennifer Gianola
    jennifer.gianola@avalara.com
    650-499-9837

    Para consultas na mídia, entre em contato:
    Jesse Hamlin
    media@avalara.com
    518-281-0631

  • CGI’s CEO to share insights on digitization at the Bloomberg Canadian Finance Conference in Montréal, Quebec

    CGI’s CEO to share insights on digitization at the Bloomberg Canadian Finance Conference in Montréal, Quebec

    Canada NewsWire

    Símbolos do mercado de ações
    GIB.A (TSX)
    GIB (NYSE)
    cgi.com/newsroom

    MONTRÉAL , Sept. 26, 2022 /CNW Telbec/ – George D. Schindler , President and Chief Executive Officer of CGI (TSX: GIB.A) (NYSE: GIB), will engage in a keynote interview at the Bloomberg Canadian Finance Conference on 28 de setembro de 2022 , in Montréal, Quebec to share CGI’s perspectives on the changing landscape of digitization across industries. Mr. Schindler will discuss how enterprises are utilizing technology to navigate global changes and planning for their futures.

    The keynote interview is scheduled for 11:55 am (EDT) and will be broadcast on Bloomberg Live . A replay of the interview will be archived on CGI’s website in the Investors section under Event Calendar.

    Sobre a CGI

    Fundada em 1976, a CGI está entre as maiores empresas independentes de TI e serviços de consultoria empresarial do mundo. Com 88.500 consultores e profissionais em todo o mundo, a CGI oferece um portfólio completo de capacidades, desde consultoria estratégica de TI e de negócios até a integração de sistemas, serviços gerenciados de TI e processos de negócios e soluções de propriedade intelectual. CGI trabalha com clientes através de um modelo de relacionamento local complementado por uma rede de entrega global que ajuda os clientes a transformar digitalmente suas organizações e acelerar os resultados. A receita reportada de CGI Fiscal 2021 é $12.13 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com .

    Cisão Veja o conteúdo original: https://www.prnewswire.com/news-releases/cgis-ceo-to-share-insights-on-digitization-at-the-bloomberg-canadian-finance-conference-in-montreal-quebec-301632520.html

    FONTE CGI Inc.

    Cisão Veja o conteúdo original: http://www.newswire.ca/en/releases/archive/September2022/26/c6249.html

  • CGI’s CEO to share insights on digitization at the Bloomberg Canadian Finance Conference in Montréal, Quebec

    CGI’s CEO to share insights on digitization at the Bloomberg Canadian Finance Conference in Montréal, Quebec
    CGI’s CEO to share insights on digitization at the Bloomberg Canadian Finance Conference in Montréal, Quebec

    Notícias PR Newswire

    Símbolos do mercado de ações
    GIB.A (TSX)
    GIB (NYSE)
    cgi.com/newsroom

    MONTRÉAL , Sept. 26, 2022 /PRNewswire/ - George D. Schindler , President and Chief Executive Officer of CGI (TSX: GIB.A) (NYSE: GIB), will engage in a keynote interview at the Bloomberg Canadian Finance Conference on 28 de setembro de 2022 , in Montréal, Quebec to share CGI’s perspectives on the changing landscape of digitization across industries. Mr. Schindler will discuss how enterprises are utilizing technology to navigate global changes and planning for their futures.

    The keynote interview is scheduled for 11:55 am (EDT) and will be broadcast on Bloomberg Live . A replay of the interview will be archived on CGI’s website in the Investors section under Event Calendar.

    Sobre a CGI

    Fundada em 1976, a CGI está entre as maiores empresas independentes de TI e serviços de consultoria empresarial do mundo. Com 88.500 consultores e profissionais em todo o mundo, a CGI oferece um portfólio completo de capacidades, desde consultoria estratégica de TI e de negócios até a integração de sistemas, serviços gerenciados de TI e processos de negócios e soluções de propriedade intelectual. CGI trabalha com clientes através de um modelo de relacionamento local complementado por uma rede de entrega global que ajuda os clientes a transformar digitalmente suas organizações e acelerar os resultados. A receita reportada de CGI Fiscal 2021 é $12.13 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com .

    Cisão Veja o conteúdo original: https://www.prnewswire.com/news-releases/cgis-ceo-to-share-insights-on-digitization-at-the-bloomberg-canadian-finance-conference-in-montreal-quebec-301632520.html

    FONTE CGI Inc.

  • Poll: Canadians See Our Energy Products as Boost to Global Sustainability

    Poll: Canadians See Our Energy Products as Boost to Global Sustainability

    Canada NewsWire

    More Than 73% of Respondents Favour Stronger Canadian LNG Role Worldwide

    CALGÁRIO, AB , Sept. 26, 2022 /CNW/ – A strong majority of Canadians (more than seven in ten respondents) believe do Canadá liquified natural gas (LNG) can help improve global energy security and sustainability efforts, according to a new public opinion poll conducted by Research Co. for advocacy organization Canada Action durante September 16 and 17.

    Seventy-three percent of respondents said our country should advocate for do Canadá energy sector as a leader in environmentally sustainable production. Almost eight in ten respondents (79 percent) said they prefer to use Canadian energy in their day-to-day lives.

    “These latest polling results confirm exactly what we’ve found in our media interviews, community events, social media engagements and public interactions over the last number of months,” Canada Action founder and chief spokesperson Cody Battershill explained.

    “Canadians are coming to understand the world will need oil and gas long into the future, and so Canadá should continue to play a strong role as a country that respects workers, families and Indigenous and non-Indigenous communities, and that adheres to the strictest environmental, health and safety regulations in the world,” Battershill added.

    The latest poll questioned 1,000 adults online across Canadá and found strong support for do Canadá energy sector. Additional findings include:

    • A majority of Canadians (56 percent of those polled) think it’s wrong for Canadá to forfeit energy opportunities to other countries with higher emissions, when thinking about LNG. This represents a rise in public support of five percent since this question was asked in a March poll.
    • Three-in-four Canadians (75 percent) agree that exporting responsible and reliable Canadian energy, expertise, and technology to reduce global greenhouse gas (GHG) emissions is one way Canadá can play an important role in addressing climate action. This is an increase of one percent since the question was asked in March.
    • Given that global energy demand is forecasted to grow 50 percent by 2050, four-in-five Canadians (80 percent) support trade in all Canadian energy technologies including solar, wind, hydro, hydrogen, geothermal, biofuels, and oil and gas.
    • More than three-in-five Canadians (63 percent) agree that investing in do Canadá oil and gas sector makes sense if you value climate leadership, social progress, and transparency.
    • After having been informed that from 2000 to 2019, the emission intensity of do Canadá oil sands operations dropped by approximately 33 percent due to technological and efficiency improvements, almost three-in-four Canadians (73 percent) agreed we should advocate for do Canadá energy sector as a leader in environmentally sustainable production.

    Canada Action is a non-partisan, national coalition that advocates for the responsible development of do Canadá various natural resources, for the industries that move that development forward, and for the workers, families and communities the sector supports.

    The poll’s margin of error, which measures sample variability, is plus or minus 3.1 percentage points, nineteen times out of twenty.

    SOURCE Canada Action Coalition

    Cisão Veja o conteúdo original para baixar multimídia: http://www.newswire.ca/en/releases/archive/September2022/26/c8384.html

  • GoviEx Uranium Receives Final Payment Related to Linkwood Loan

    GoviEx Uranium Receives Final Payment Related to Linkwood Loan

    Vancouver, British Columbia–(Newsfile Corp. – September 26, 2022) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) is pleased to announce that, further to its news release of December 20, 2019, it has received the final payment related to the 2018 Linkwood loan from Linkwood Holdings Pte Ltd. and Medea Capital Partners Limited.

    Daniel Major, CEO, commented:

    “We are pleased to have received the final payment from Linkwood for this outstanding loan. The proceeds from this payment will be used to fund continued exploration activities at our Mutanga project in Zambia and to continue the development of our Madaouela Project.”

    The Linkwood loan was declared to be in default in 2019 and accrued a default interest rate of 11.5% per annum. At the end of May 2022, Linkwood had already repaid USD 2.2m in cash. The final payment of the loan was in the form of free-trading ordinary shares Linkwood held in a publicly listed company. In 2018 GoviEx provided Linkwood with a loan to fund its purchase of GoviEx shares then held by the Toshiba Corporation as part of a transaction that allowed GoviEx to buy back the uranium loan it received from Toshiba in 2012, at a 50% discount for USD 4.5 million.

    Nem a TSX Venture Exchange nem a Organização Reguladora da Indústria de Investimentos do Canadá aceitam a responsabilidade pela adequação ou precisão desta liberação.

    About GoviEx Uranium

    GoviEx is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEx’s principal objective is to become a significant uranium producer through the continued exploration and development of its flagship mine-permitted Madaouela project in Niger, its mine-permitted Mutanga project in Zambia, and its multi-element Falea Project in Mali.

    Information Contacts

    Isabel Vilela
    Chefe de Relações com Investidores e Comunicação Corporativa
    Tel: +1-604-681-5529
    Email: info@goviex.com Web: www.goviex.com

    Declaração de cautela com relação a declarações prospectivas

    This news release may contain forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of current or historical facts contained in this news release are forward-looking information.

    Forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in GoviEx’s periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should,” and similar expressions, are forward- looking statements. Information provided in this document is necessarily summarized and may not contain all available material information.

    Forward-looking statements include those regarding the anticipated amount and use of proceeds to be derived from the ordinary shares and the timing for the completion and publishing of the Madaouela feasibility report, if at all.

    Although GoviEx believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Such assumptions, which may prove incorrect, include the following: ((i) that the value of the ordinary shares transferred by Linkwood to GoviEx as repayment of the loan will be sufficient to repay the outstanding principal and related interest in full; (ii) that the feasibility study on the Madaouela project will be completed and published as anticipated and (iii) the price of uranium will remain sufficiently high and the costs of advancing GoviEx’s mining projects will remain sufficiently low so as to permit GoviEx to implement its business plans in a profitable manner.

    Factors that could cause actual results to differ materially from expectations include (i) the market value of the ordinary shares transferred to GoviEx by Linkwood will be insufficient to repay the loan and related interest in full; (ii) the inability of GoviEx to have a feasibility study produced and/or publish as anticipated for any reason; (iii) the failure of GoviEx’s projects, for technical, logistical, labour-relations, or other reasons; (iv) a decrease in the price of uranium below what is necessary to sustain GoviEx’s operations; (v) an increase in GoviEx’s operating costs above what is necessary to sustain its operations; (vi) accidents, labour disputes, or the materialization of similar risks; (vii) a deterioration in capital market conditions that prevents GoviEx from raising the funds it requires on a timely basis; (viii) COVID-19 restrictions; and (ix) generally, GoviEx’s inability to develop and implement a successful business plan for any reason.

    In addition, the factors described or referred to in the section entitled “Financial Risks and Management Objectives” in the MD&A for the year ended December 31, 2021, of GoviEx, which is available on the SEDAR website at www.sedar.com, should be reviewed in conjunction with the information found in this news release.

    Although GoviEx has attempted to identify important factors that could cause actual results, performance, or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance, or achievements not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances, or results will materialize. As a result of these risks and uncertainties, no assurance can be given that any events anticipated by the forward-looking information in this news release will transpire or occur, or, if any of them do so, what benefits that GoviEx will derive therefrom. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and GoviEx disclaims any intention or obligation to update or revise such information, except as required by applicable law.

    Para ver a versão de origem deste comunicado de imprensa, por favor, visite https://www.newsfilecorp.com/release/138408

  • BacTech Environmental Begins Trading on the OTCQB Market in the U.S.

    BacTech Environmental Begins Trading on the OTCQB Market in the U.S.

    (TheNewswire)

    BacTech Environmental Corporation

    TORONTO, ON – TheNewswire – September 26th, 2022 – BacTech Environmental Corporation (CSE:BAC ) , ( OTC:BCCEF ) , ( FSE:0BT1) (“ BacTech " ou o " Empresa ”), a commercially proven environmental technology company delivering eco-friendly bioleaching and remediation solutions for precious metal and critical mineral recovery , is pleased announce that the Company has been approved to commence trading of its common shares on the OTCQB Venture Market in the United States, beginning today under the ticker symbol “ BCCEF”.

    “The Company is making significant headway with our commercial-scale bioleaching developments and recognizes the importance of increasing our visibility and accessibility to U.S. capital markets and the growing base of sustainable investors,” said Ross Orr, President and CEO of BacTech Environmental. “We are a cleantech solution for mining practices that have not modernized or decarbonized. As we continue to press forward with commercialization plans, we’re pleased to secure our OTCQB listing to help facilitate easier trading access.”

    The OTCQB is the premiere marketplace for developing U.S. and international companies that are committed to providing a high-quality trading and information experience for their U.S. investors. The OTCQB quality standards provide a strong baseline of transparency as well as the technology and regulation to improve the information and trading experience for investors.

    BacTech Enviromental has an account in good standing with the Depository Trust & Clearing Corporation (DTCC) to further enable the easier electronic clearing and settlement of the Company’s common shares in the United States”

    BacTech trades on the OTCQB under “BCCEF”, the CSE under its symbol “BAC” and the FSE under the symbol “ 0BT1”.

    About the Tenguel – Ponce Enriquez Bioleaching Project

    BacTech is planning to build a new owner-operated bioleaching facility in Tenguel, Ecuador, in a region where arsenic is associated with gold ore (Arsenopyrite). The Company’s plan is to build a 50 tpd bioleach plant capable of treating high gold/arsenic material. A 50 tpd plant, processing feed of 1.75 ounces of gold per tonne, similar to feeds available to the Company from local miners, would produce approximately 31,000 ounces per year. Plant designs are modular and can be expanded without affecting ongoing production. The total concentrate market in the Ponce Enriquez area is estimated to be between 200 and 250 tonnes per day, allowing for increased throughput potential with a larger plant.

    Key economic highlights, assuming a base gold price @ $1,600 per ounce:

    • Pre-tax NPV (Net Present Value with 5% discount rate) of $60.7M

    • Pre-tax IRR (Internal Rate of Return) of 57.9%

    • Annual Gold Production of 30, 900 ounces

    • Capital Cost of $17M

    • Bioleach Operating Cost of $212 per tonne

    • Assumed Purchase Prices of Concentrate – 65% of the contained gold value

    • Pre-tax Earnings Prior to Employee Bonus – $10.9M annually

    • Estimated local employee bonus pool – $1.64M

    In total, there are over 90 small mines operating in the area. BacTech continues to investigate the prospects of establishing additional modern bioleaching facilities across other areas of Ecuador, Peru, and Colombia. Where possible, the Company will partner with national and local governments, non-governmental organizations (NGOs) and others to assist with the funding of these projects and ensure that they meet the Company’s high expectations not only for environmental standards, but also for the highest standards in all ESG considerations.

    About BacTech Environmental Corporation

    BacTech is a proven environmental technology company, delivering effective and eco-friendly bioleaching and remediation solutions to commercial operations to process and recover preferred metals (gold, silver, cobalt, nickel and copper) smartly and safely remove and transform harmful contaminants like arsenic into benign EPA-approved products for landfill. Tapping into numerous environmental and economic advantages of its proprietary method of bioleaching, BacTech uses naturally occurring bacteria, harmless to both humans and the environment, to neutralize toxic mining sites with high-pay potential. BacTech is publicly traded on the CSE under the symbol “BAC”; on the OTCQB as “BCCEF”; and the Frankfurt Stock Exchange as “0BT1”.

    Para maiores informações, entre em contato:

    Ross Orr

    President & CEO, BacTech Environmental Corporation

    416-813-0303 ext. 222,

    Email: borr@bactechgreen.com

    Website: https://bactechgreen.com/

    Investor Presentation: https://bactechgreen.com/investors/

    Follow us on:

    Facebook

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    Special Note Regarding Forward-Looking Statements

    This news release contains “forward-looking information”, which may include, but is not limited to, statements with respect to future tailings sites, sampling or other investigations of tailing sites, the Company’s ability to make use of infrastructure around tailings sites or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified using words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward- looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims, other than as required by law, any obligation to update any forward-looking statements whether because of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

    Shares outstanding: 172,025,558

    The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the shares, nor is it a solicitation of interest from a prospective investor.

    Copyright (c) 2022 TheNewswire - Todos os direitos reservados.

  • Renforth Grab Samples 0.71% Ni from Unexplored Area of ~20km Victoria Mineralized Structure

    Renforth Grab Samples 0.71% Ni from Unexplored Area of ~20km Victoria Mineralized Structure

    (TheNewswire)

    Renforth Resources Inc.
    • New outcrop mineralization discovered east of estrada, near centre of ~20km Victoria structure, highest grab sample result 0.71% Ni in albitized ultramafic with sulfides

    • Discovery of second band of mineralization north of previous drilling at Victoria

    • Lalonde delivered consistent elevated values including 0.33% Ni in grab samples from mineralized horizon currently being stripped

    September 26, 2022 – TheNewswire – Pickering, Ontario – Renforth Resources Inc. (CSE:RFR) (OT C: RFHRF) (FSE:9RR) (“Renforth” or the “Company”) is pleased to deliver to shareholders results from prospecting targeting the polymetallic intrusive mineralization at Surimeau during May-July 2022.  These results include 0.71% Ni in a grab sample from a previously unexplored area of central Victoria (east of the Rapide 7 road) and dois assay results of 0.32% Ni in two separate grab samples obtained within the current stripping area at Lalonde west (west of the Rapide 7 road).

    Grab samples são preferentially selected and not representative of the entirety of a structure. In the case of Lalonde west follow up work consisting of stripping a wide band perpendicular (north/south) to the mineralized Lalonde structure (which runs east/west), followed by channel sampling, is ongoing as previously announced. In the case of central Victoria additional prospecting will be undertaken this fall.

    “These initial results validate the extent of surface mineralization on our Surimeau District Property. Our current interpretation is two separate polymetallic mineralized systems essentially running east/west, outcropping on surface, with lengths of ~20kms at Victoria and currently ~9km at Lalonde, the latter is still open on strike and unexplored. West of the Rapide 7 road the two horizons are separated north/south by ~3.7km. Copper and Zinc mineralization is hosted in a thick sequence of greywacke with graphitic mudstone interlayers while Nickel and Cobalt mineralization is hosted within ultramafic flows. The best mineralization is often found within and around sheared, albite altered, and calc-silicate altered ultramafics the sedimentary contact. We continue to learn more about this property with ongoing exploration to determine the extent and surface grade of the mineralization. We intend to drill at Victoria west this winter, building on the drilled mineralized package as deep as 180m with an ~125m package width over the ~2.2km we have drilled. We will also likely drill Lalonde west of the road for the first time. Our grab samples reflect the consistent presence of polymetallic mineralization with a wide range of grades, clearly there is with more work required, which we will do” states Nicole Brewster, President and CEO of Renforth.

    2022 Prospecting Results Summarized

    This press release reports on prospecting results obtained from the Victoria and Lalonde trends during the 2022 season, prior to trenching. Work to date leads Renforth to conclude that the Victoria and Lalonde are of similar mineralization environments, interpreting the geological setting as being a type of hybrid volcanogenic massive sulfide (VMS) and mono-sulfide solid solution (MMS) system where there was interaction between intruding Nickel enriched ultramafic magmas and sulfide-enriched sedimentary material leading to the formation of nickel mineralization alongside anomalous zinc and copper from any assimilated VMS systems. Following this prospecting work, a channel cutting program was carried out (results pending). Currently, the property has been chipped and stripped with channel cutting ongoing at Lalonde. Renforth’s geologists will map and sample the newly stripped areas subsequent to a field break allowing the local community uninterrupted access for hunting. The results of the prospecting work highlighted below demonstrated to Renforth the consistent presence of some amount of polymetallic (Nickel, Cobalt, Copper and Zinc) mineralization throughout each system and support the continued exploration of the property in order to determine the size and extent of the occurrences.

    Victoria East and West Prospecting Result Highlights

    Sample #

    Localização

    Litho

    Outcrop

    Amostra

    Ni ppm

    Co ppm

    Cu ppm

    Zn ppm

    81094

    Victoria East

    V4

    Ultramafic, massive with zones of spinifex texture, non-mag, dark green, series of NW-Se trending dykes

    Ultramafic, massive with zones of spinifex texture, non-mag, dark green, series of NW-Se trending dykes

    1730

    192

    60

    110

    81096

    Victoria East

    V4

    Same spot as above, either contact or weathered differently because of blowdown tree, surface is soft greasy and talcose, Ultramafic, massive, fine to med grained, azul-grey colour, clots of coarse calcite, trace py

    Same spot as above, either contact or weathered differently because of blowdown tree, surface is soft greasy and talcose, Ultramafic, massive, fine to med grained, blue-grey colour, clots of coarse calcite, trace py

    1690

    101

    70

    60

    81131

    Victoria East

    V4

    Ultramafic, bands of mod to strong albitization, pyroxene rich band, raro 2 cm qz-ab veinlets + 1-2 mm ab stringers, patchy weak mag, 2-4 % diss py throughout, , locally up to 7% py, fol at 94/30N , sulphides are lineated

    Ultramafic, bands of mod to strong albitization, pyroxene rich band, rare 2 cm qz-ab veinlets + 1-2 mm ab stringers, patchy weak mag, 2-4 % diss py throughout, locally up to 7% py

    7160

    257

    260

    330

    81197

    Victoria East

    V3

    Mafic volcanic, aphanitic, dark grey-black, mod to strong mag throughout, occasional shiny pyroxene crystals, trace py, massive

    Mafic volcanic, aphanitic, dark grey-black, mod to strong mag throughout, occasional shiny pyroxene crystals, trace py, massive, smooth bedrock, possible large frost heave boulder from nearby

    1830

    131

    20

    110

    81198

    Victoria East

    V3

    Same as 81197, 2 m tall 25 m long ridge in low relief area, oriented 250 (E-W), possible pillows visible on surface

    Same as 81197, 2 m tall 25 m long ridge in low relief area, oriented 250 (E-W), possible pillows visible on surface

    1640

    120

    50

    90

    81199

    Victoria East

    V3

    Same as 81197, weak fol at 260/30N

    Same as 81197, weak fol at 260/30N

    1650

    114

    50

    70

    81231

    Victoria West

    V4

    Greenish ultramafic, med grained, patches / bands of mod to strong albitization, with 1%py/po locally up to 3%, flat ridge oriented 86/60N

    Greenish ultramafic, med grained, patches / bands of mod to strong albitization, with 1%py/po locally up to 3%

    620

    110.5

    1400

    520

    81232

    Victoria West

    V4

    Main shear like rock, deeply weathered thus micaceous, strongly albitized, low ridge striking 230/60N conc to fol, trace -1 % sulphides, often weathered out

    Main shear like rock, deeply weathered thus micaceous, strongly albitized, low ridge striking 230/60N conc to fol, trace -1 % sulphides, often weathered out

    510

    100.5

    1380

    16500

    81035

    Victoria West

    V4

    Looks identical to shear zone in trench, deeply weathered, strongly albitized, strongly foliated at 247/70N, bem mineralized, 15 % diss + stringers and clots, py-sph

    Looks identical to shear zone in trench, deeply weathered, strongly albitized, strongly foliated at 247/70N, well mineralized, 15 % diss + stringers and clots, py-sph

    240

    83.2

    1470

    3860

    81064

    Victoria West

    V4

    North side of same ridge as sample 81062, E-W orientation, calc-silicate v4, aphanitic, mod albitization, mod bt, 5-15% fine sulfides (py-po), sulfur odor around outcrop.

    Calc-silicate v4, aphanitic, mod albitization, mod bt, 5-15% fine sulfides (py-po), sulfur odor around outcrop.

    1820

    196

    210

    230

    81076

    Victoria West

    V4

    Same ridge as above, ultramafic, aphanitic, serpentinized, 20 m from 81075, weak albitization

    Ultramafic, aphanitic, serpentinized, 20 m from 81075, weak albitization

    1820

    91.4

    0

    70

    *Results presented above are grab samples and only represent the material sampled. Additional samples were taken in this program and are not reported on in this release. Mapped prospecting results are available on the website.

    Lalonde East and West Prospecting Result Highlights

    Amostra

    Localização

    Litho

    Outcrop

    Amostra

    Ni ppm

    Co ppm

    Cu ppm

    Zn ppm

    81142

    Lalonde East

    V4

    Strongly albitized, deeply weathered, sheared rock, very similar to main shear in Victoria trench, strong fol at 94/70N,  well mineralized py + sph, stringers and clots along foliation, 5-10% sulphides overall

    Strongly albitized, deeply weathered, sheared rock, very similar to main shear in Victoria trench, strong fol at 94/70N,  well mineralized py + sph, stringers and clots along foliation, 5-10% sulphides overall

    110

    52.8

    380

    17900

    81251

    Lalonde East

    V3

    Boulder sub angular in swamp 2×2 m

    maf vol, dark grey black colour, fine-med grained mod mag throughout, trace fine py, rare fine ab blebs throughout

    1520

    80

    50

    60

    81118

    Lalonde East

    V4

    Massive ultramafics, trace to 1 % diss py, po, green colour, serpentinized

    Massive ultramafics, trace to 1 % diss py, po, green colour, serpentinized

    1430

    106

    160

    90

    81119

    Lalonde West

    V4

    Ultramafic, dark green, coarse grained, massive, dense, rare 1-3 mm qz-ab stringers, 2-5 % fine to med diss py, po throughout, locally up to 10%, weak to mod mag throughout

    Ultramafic, dark green, coarse grained, massive, dense, rare 1-3 mm qz-ab stringers, 2-5 % fine to med diss py, po throughout, locally up to 10%, weak to mod mag throughout

    3220

    208

    360

    390

    81123

    Lalonde West

    V4

    Tallish ridge, Lalonde east area powerline, strongly foliated 104/44NE, albitized ultramafic with fine stringers and diss py, po, up to 10-12 %

    Strongly foliated 104/44NE, albitized ultramafic with fine stringers and diss py, po, up to 10-12 %

    3220

    297

    160

    240

    81085

    Lalonde West

    V4

    Same ridge as 81119, Ultramafic, dark green, coarse tremolites in aphanitic groundmass, 10-20% fine to med diss py, po, possible trace bornite, presence of reworked/ broken red garnets within.

    Ultramafic, dark green, coarse tremolites in aphanitic groundmass, 10-20% fine to med diss py, po, possible trace bornite, presence of reworked/ broken red garnets within.

    2140

    160

    410

    570

    81304

    Lalonde Oeste

    V3

    Sheared maf vol, ultramafics, strongly foliated, and actinolized sediments, possibly, amphibolized maf vol <1mm ab stringers conc to fol at 313/steep slight NE

    Sheared maf vol, ultramafics, strongly foliated, and actinolized sediments, possibly, amphibolized maf vol <1mm ab stringers conc to fol at 313/steep slight NE

    1690

    110

    20

    130

    *Results presented above are grab samples and only represent the material sampled. Additional samples were taken in this program and are not reported on in this release. Mapped prospecting results are available on the website.

    Samples presented in this press release were selected, bagged, and tagged in the field under the supervision of Francis R. Newton P. Geo (OGQ#2129) and personally delivered to the facilities of ALS Geochemistry in Val d’Or, Quebec, for analysis using the ME-MS89L assay methodology (Trace Level Lithium Exploration by Na-Peroxide Fusion).

    Technical disclosure in this press release has been reviewed and approved by Francis R. Newton P.Geo (OGQ#2129), a “qualified person” pursuant to NI 43-101.

    Para maiores informações, favor entrar em contato:

    Renforth Resources Inc.

    Nicole Brewster

    Presidente e Diretor-Presidente

    C:416-818-1393

    E: nicole@renforthresources.com

    #Unit 1B – 955 Brock Road, Pickering ON L1W 2X9

    Follow Renforth on Facebook, LinkedIn and Instagram!

    About Renforth

    Renforth is focused on Quebec’s newest battery metals district, our wholly owned ~330 km 2 Surimeau District Property, which hosts several known areas of polymetallic “battery metals” mineralization, each with various levels of exploration, as well as a significant amount of unexplored ground. Victoria West has been drilled over a strike length of 2.2km, within a 5km long mineralized structure, proving nickel, copper, zinc and cobalt mineralization, in the western end of a 20km magnetic anomaly. The Huston target, during initial reconnaissance, resulted in a grab sample grading 1.9% Ni, 1.38% Cu, 1170 ppm Co and 4 g/t Ag. Additionally, the Lalonde, Surimeau and Colonie Targets are all polymetallic mineralized occurrences which, along with various gold showings, comprise the areas of potential of this NSR free property.

    In addition to the Surimeau District battery metals property Renforth wholly owns the Parbec Gold deposit, a surface gold deposit contiguous to the Canadian Malartic Mine property in Malartic, Quebec. In 2020/21 Renforth completed 15,569m of drilling which successfully twinned certain historic holes, filled in gaps in the resource model with newly discovered gold mineralization and extended mineralization deeper. Based upon the success of this significant drill program the Company considers the spring 2020 MRE, with a resource estimate of 104,000 indicated ounces of gold at a grade of 1.78 g/t Au and 177,000 inferred ounces of gold at a grade of 1.78 g/t Au to be out of date. With the new data gained Renforth will undertake to complete the first ever structural study of the mineralization at Parbec, as well as additional total metallic assay work in order to better contextualize the nugget effect on the gold mineralization.

    Renforth also holds the Nixon-Bartleman property, west of Timmins Ontario, with gold present on surface over a strike length of ~500m.

    No securities regulatory authority has approved or disapproved of the contents of this news release.

    Declarações Prospectivas

    This news release contains forward-looking statements and information under applicable securities laws.  All statements, other than statements of historical fato, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.

    Copyright (c) 2022 TheNewswire - Todos os direitos reservados.

  • NorZinc Receives Final Mine Permits for Prairie Creek

    NorZinc Receives Final Mine Permits for Prairie Creek

    Canada NewsWire

    NZC-TSX
    NORZF-OTCQB

    VANCOUVER, BC , Sept. 26, 2022 /CNW/ – NorZinc Ltd. (TSX: NZC) (OTCQB: NORZF) (the ” Empresa " ou " NorZinc “) is thrilled to announce it has received the new Water License (“WL”) from the Minister of Environment and Natural Resources (“ENR”), Government of the Northwest Territories (“GNWT”) for mine operations associated with the mine expansion plan of 2,400 tonnes per day (“tpd”), for the Prairie Creek Project (“Prairie Creek” or the “Project”) located in the Northwest Territories, Canada . Approval of the WL, combined with the receipt of the Land Use Permit (“LUP”) the Company announced on 11 de agosto de 2022 , completes the permitting process for mining operations at Prairie Creek.

    “The receipt of the Water License represents a substantial milestone for the Company with respect the advancement of the Prairie Creek Project and recognition from the GNWT of the significant impact the Project will bring to the region and all stakeholders,” disse Rohan Hazelton , President & CEO, NorZinc. “Based on the Preliminary Economic Assessment completed in Outubro 2021 and the envisioned mining rate of 2,400tpd, the Project results in an NPV 8% de US$299M NPV with average EBITDA per annum of US$123M and will deliver over $8 bilhões in economic activity to the region over its 20-year mine life.”

    The Company continues to work closely with the regulatory bodies, Parks Canada and the MVLWB, on the completion and final approval of the management plans (“MPs”) associated with construction of Phase 1 of the All-Season Road. The Company expects to receive all Phase 1 MP approvals from the respective regulators in Outubro 2022 .

    About NorZinc

    NorZinc is a TSX-listed mine development Company trading under the symbol “NZC” and on the OTCQB under the symbol “NORZF”. NorZinc is focused on developing its 100%-owned high-grade zinc-silver-lead Prairie Creek Project, located in the Northwest Territories .

    www.norzinc.com

    Cautionary Statement – Forward-Looking Information

    This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the approval of the final WL, management’s expectations regarding the mine expansion plan and the anticipated mining rate at Prairie Creek, and management’s expectations regarding completion of the Phase 1 MP approvals .

    These forward looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the risk that the final WL will not be approved, the risk that the Company’s mine expansion plan cannot be completed as expected or at all, and the risk that completion of the Phase 1 MP approvals may not occur within management’s anticipated timelines or at all.

    In making the forward-looking statements in this news release, the Company has applied several material assumptions which the Company believes to be reasonable, including without limitation, assumptions regarding the approval of the final WL, regarding the mine expansion plan and anticipated minig rate, and that the completion of the Phase 1 MP approvals will occur within the timelines currently anticipated by management.

    Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

    SOURCE NorZinc Ltd.

    Cisão Veja o conteúdo original para baixar multimídia: http://www.newswire.ca/en/releases/archive/September2022/26/c2683.html

  • GCM MINING AND ARIS GOLD COMPLETE BUSINESS COMBINATION TO CREATE ARIS MINING

    GCM MINING AND ARIS GOLD COMPLETE BUSINESS COMBINATION TO CREATE ARIS MINING

    Canada NewsWire

    VANCOUVER, BC , Sept. 26, 2022 /CNW/ - GCM Mining Corp. (GCM Mining) (TSX: GCM) (OTCQX: TPRFF) and Aris Gold Corporation (Aris Gold) (TSX: ARIS) (OTCQX: ALLXF) have completed the business combination previously announced on July 25, 2022 . The combined entity has been renamed Aris Mining Corporation and operates several high-grade underground mines at its Segovia Operations and the Marmato Mine, which together produced 230,000 ounces of gold in 2021. Aris Mining also owns two advanced development projects, the Marmato Lower Mine expansion and Toroparu Project, and is the operator and 20% shareholder of the Soto Norte joint venture, a large-scale underground project advancing its environmental permitting.

    Neil Woodyer , CEO of Aris Mining, stated: “Over the past 18 months, our team has completed three transactions that have resulted in the creation of Aris Mining. We have an attractive mix of production, cash flow and near-term growth projects, all of which are supported by sizable mineral reserves or resources and strong financial, technical, and operating teams.  Within Colombia, we are integrating the teams at Segovia and Marmato. The Segovia Operations incorporates an industry-leading artisanal small miner program that has enhanced relations with the local community and improved the environment by eliminating the use of mercury and the discharge of tailings into waterways, and we look forward to expanding these opportunities for both the Marmato and Soto Norte communities. We will continue to strengthen stakeholder engagement to deliver mining projects which promote local development and are aligned to best environmental practices.”

    The Board of Directors and leadership team of Aris Mining are as follows:

    Board of Directors




    Executive Team

    Ian Telfer

    Chair




    Neil Woodyer

    CEO

    Daniela Cambone

    Diretor




    Doug Bowlby

    EVP and CFO

    David Garofalo

    Diretor




    Richard Thomas

    COO

    Serafino Iacono

    Diretor




    Tyron Breytenbach

    SVP, Capital Markets

    Peter Marrone

    Diretor




    Pamela De Mark

    SVP, Technical Services

    Hernan Martinez

    Diretor




    John Mussett

    SVP, Projects

    Attie Roux

    Diretor




    Ashley Baker

    General Counsel and Corp. Secretary

    Neil Woodyer

    Diretor




    Robert Eckford

    Head of Finance






    Meghan Brown

    VP, Relações com Investidores

    Aris Mining expects to welcome Mónica de Greiff as a member of the Board of Directors in early Outubro 2022 .

    Aris Mining has approximately $352 million of cash, free cash flow generation from the Segovia Operations, and approximately $260 million of additional committed funding from precious metals stream agreements available to fund growth projects 1 . Aris Mining has proven and probable mineral reserves of 3.8 million ounces of gold, measured and indicated mineral resources of 18.3 million ounces of gold, inclusive of mineral reserves, and inferred mineral resources of 7.7 million ounces of gold. See Tables 1, 2, and 3 in the Appendix for details.

    A new corporate website has been launched at www.aris-mining.com which contains information on Aris Mining’s mines and projects, along with information about the Board of Directors, management team and approach to corporate governance and sustainability.


    _______________________________

    1

    See the Pro Forma Consolidated Financial Information contained in the Joint Management Information Circular dated August 16, 2022

    Transaction and Trading Symbol Updates

    At closing, GCM Mining was renamed Aris Mining Corporation and Aris Gold amalgamated with 1373945 B .C. Ltd. to form Aris Mining Holdings Corp. (Aris Holdings), which is now a wholly owned subsidiary of Aris Mining.

    Aris Mining now has approximately 136.1 million issued and outstanding common shares, inclusive of the new common shares issued to acquire Aris Gold. Aris Mining common shares (Aris Mining Shares) that are listed on the Toronto Stock Exchange (TSX) under the symbol GCM are expected to commence trading on the TSX under the symbol ARIS (CUSIP: 04040Y109) and on the OTCQX under the symbol TPRFF , at the open of markets on Wednesday, September 28, 2022 . Concurrently, the Aris Mining warrants that are listed on the TSX under the symbol GCM.WT.B are expected to commence trading on the TSX under the symbol ARIS.WT.B (CUSIP: 0404Y117).

    The Aris Gold common shares (Aris Gold Shares) are expected to be de-listed at the close of markets on Tuesday, September 27, 2022 . Under the terms of the transaction, each Aris Gold shareholder is entitled to receive 0.5 of an Aris Mining Share for each Aris Gold Share held (the Exchange Ratio). Each Aris Gold warrant and option has been adjusted in accordance with the Exchange Ratio to become exercisable for 0.5 of an Aris Mining Shares in lieu of one Aris Gold Share and are exercisable at their original exercise price. Aris Gold Shares deposited in online trading accounts or similar brokerage accounts are expected to update automatically to reflect the conversion to Aris Mining Shares in accordance with the Exchange Ratio, which is expected to generally occur within two weeks of closing.  Aris Gold shareholders who hold physical share certificates or DRS Statements must submit a Letter of Transmittal to the depositary, Odyssey Trust Company, to receive Aris Mining Shares represented by new Aris Mining share certificates or DRS Statements. Additional information regarding the process is available on Aris Mining’s website.

    Aris Gold warrants that are listed on the TSX under the symbol ARIS.WT are expected to commence trading on the TSX under the symbol ARIS.WT.A (CUSIP: 04040Y133) at the open of markets on Wednesday, September 28, 2022 .

    Aris Mining’s 6.875% Senior Unsecured Notes due in 2026 will continue to be traded on the Singapore Exchange under the symbol GCM:CN.

    Aris Gold’s 7.5% Senior Secured Gold-linked Notes due in 2027 that are listed on the NEO Exchange under the symbol ARIS.NT.U are now notes of Aris Holdings and will continue to trade on the NEO Exchange. The notes are expected to commence trading under the new symbol AMNG.NT.U (CUSIP: 04041BAA6), at the open of markets on Wednesday, September 28, 2022 .

    Pessoa Qualificada

    The technical information in this news release was reviewed and approved by Pamela De Mark , P.Geo, Senior Vice President, Technical Services of Aris Mining, who is a Qualified Person as defined by NI 43-101.

    About Aris Mining

    Aris Mining is a Canadian company led by an executive team with a track record of creating value through building globally relevant mining companies. In Colômbia , Aris Mining operates several high-grade underground mines at its Segovia Operations and the Marmato Mine, which together produced 230,000 ounces of gold in 2021. Aris Mining also operates the Soto Norte joint venture, where environmental licensing is advancing to develop a new underground gold, silver and copper mine. In Guiana , Aris Mining is advancing the Toroparu Project, a gold/copper project with expected average gold production of 225,000 per year over the life of mine. Aris Mining plans to pursue acquisition and other growth opportunities to unlock value creation from scale and diversification.

    Aris Mining promotes the formalization of small-scale mining as this process enables all miners to operate in a legal, safe and responsible manner that protects them and the environment.

    Additional information on Aris Mining can be found at www.aris-mining.com e www.sedar.com .

    Forward-looking Information

    This news release contains “forward-looking information” or “forward-looking statements” within the meaning of Canadian securities legislation. All statements included herein are forward-looking, other than statements of historical fact, including without limitation statements relating to the benefits to be derived from the business combination, the introduction of the artisanal small miner program to Marmato and Soto Norte, the prospective opportunities as a combined group, the appointment of Ms. de Greiff, the timing of listing and symbol changes, and the exchange of Aris Gold Shares for Aris Mining Shares. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expected”, or “will continue”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

    Forward-looking information and forward-looking statements, while based on management’s best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward-looking statements, including the risk factors identified in the Joint Management Information Circular dated August 16, 2022 of GCM Mining and Aris Gold and the documents incorporated by reference therein, which is available on SEDAR at www.sedar.com .

    Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims, except as required by applicable securities laws, any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.

    Appendix – Consolidated mineral reserves and resources

    Table 1: Aris Mining proven and probable mineral reserves

    Categoria

    Propriedade

    Toneladas
    (kt)

    Gold grade
    (g/t)

    Silver grade
    (g/t)

    Contained gold
    (koz)

    Contained silver
    (koz)

    Proven

    Marmato

    802

    5.10

    22

    133

    569

    Probable

    Marmato

    18,898

    3.10

    6

    1,888

    3,780

    Probable

    Soto Norte

    4,953

    6.22

    34

    990

    5,477

    Proven

    Segovia

    204

    12.00


    79


    Probable

    Segovia

    2,087

    9.93


    666


    Proven and Probable, Total




    3,756

    9,826




    Notes: Mineral reserve estimates were prepared under the supervision, or were reviewed by, Pamela De Mark, P.Geo, Senior Vice President, Technical Services of Aris Mining, who is a Qualified Person as defined by National Instrument NI 43-101. Totals may not add due to rounding. Mineral reserve estimates for Soto Norte represent the portion of mineral reserves attributable to Aris Mining based on its 20% ownership interest. Mineral reserves were estimated using a gold price of USD$1,400 per ounce at Marmato, USD$1,300 per ounce at Soto Norte, and USD$1,650 per ounce at Segovia. The mineral reserve effective dates are March 17, 2020 for Marmato, January 1, 2021 for Soto Norte, and December 31, 2021 for Segovia. See ” Technical information and qualified person ” below for further information.



    Table 2: Aris Mining measured and indicated mineral resources

    Categoria

    Propriedade

    Toneladas
    (Mt)

    Gold grade
    (g/t)

    Silver grade
    (g/t)

    Contained gold
    (koz)

    Contained silver
    (koz)

    Medido

    Marmato

    2.8

    6.20

    28

    562

    2,561

    Indicado

    Marmato

    54.0

    3.00

    7

    5,245

    11,285

    Indicado

    Soto Norte

    9.6

    5.47

    36

    1,691

    11,065

    Medido

    Segovia

    0.5

    14.01


    208


    Indicado

    Segovia

    4.1

    10.65


    1,412


    Medido

    Toroparu

    110.9

    1.26


    4,479


    Indicado

    Toroparu

    74.1

    1.66


    3,958


    Indicado

    Juby

    21.3

    1.13


    733


    Measured and Indicated, Total




    18,288

    24,911




    Notes: Mineral resource estimates were prepared under the supervision, or were reviewed by, Pamela De Mark, P.Geo, Senior Vice President, Technical Services of Aris Mining, who is a Qualified Person as defined by National Instrument NI 43-101. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Mineral resource estimates are reported inclusive of mineral reserves. Totals may not add due to rounding. Mineral resource estimates for Soto Norte represent the portion of mineral resources attributable to Aris Mining based on its 20% ownership interest. Mineral resources were estimated using a gold price of USD$1,600 per ounce at Marmato, USD$1,300 per ounce at Soto Norte, USD$1,800 per ounce at Segovia, USD$1,630 at Toroparu, and USD$1,450 per ounce at Juby. The mineral resource effective dates are June 30, 2021 for Marmato, May 22, 2019 for Soto Norte, December 31, 2021 for Segovia, November 1, 2021 for Toroparu, and July 14, 2020 for Juby. See ” Technical information and qualified person ” below for further information.



    Table 3: Aris Mining inferred mineral resources

    Categoria

    Propriedade

    Toneladas
    (Mt)

    Gold grade
    (g/t)

    Silver grade
    (g/t)

    Contained gold
    (koz)

    Contained silver
    (koz)

    Inferred

    Marmato

    30.8

    2.60

    3

    2,567

    3,282

    Inferred

    Soto Norte

    5.5

    4.06

    26

    714

    4,551

    Inferred

    Segovia

    5.3

    9.91


    1,704


    Inferred

    Toroparu

    13.8

    2.74


    1,213


    Inferred

    Juby

    47.1

    0.98


    1,488


    Inferred, Total





    7,686

    7,833




    Notes: Refer to the Notes in Table 2.



    Technical information

    Measured and Indicated mineral resources are reported inclusive of mineral reserves. Mineral resources and reserves are as defined by the Canadian Institute of Mining, Metallurgy, and Petroleum’s 2014 Definition Standards for Mineral Resources & Mineral Reserves. Mineral resources are not mineral reserves and have no demonstrated economic viability. There are no known legal, political, environmental, or other risks that could materially affect the potential development of the mineral resources.

    The mineral resource and reserve estimates were prepared following the Canadian Institute of Mining, Metallurgy, and Petroleum’s Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines. Each of the Qualified Persons responsible for the preparation of the mineral resources have reviewed and verified the drilling, sampling, assaying, and QAQC protocols and results, and are of the opinion that the sample recovery, preparation, analyses, and security protocols are reliable for the mineral resource and reserve estimates.

    Technical reports for Marmato, Soto Norte, Segovia, Toroparu, and Juby have been filed with the Canadian securities regulatory authorities and are available for review on Aris Mining’s website at www.aris-mining.com .

    Scientific and technical information concerning Marmato is summarized, derived, or extracted from the Marmato Technical Report entitled “Revised NI 43-101 Technical Report Pre-Feasibility Study Marmato Project Colombia” dated September 18, 2020 com uma data efetiva de March 17, 2020 . The Marmato Technical Report was prepared by Ben Parsons , MSc, MAusIMM (CP), Eric J. Olin , MSc Metallurgy, MBA, SME-RM, MAusIMM, Fernando Rodrigues , BS Mining, MBA, MAusIMM, MMSAQP, Jeff Osborn , BEng Mining, MMSAQP, Joanna Poeck , BEng Mining, SME-RM, MMSAQP, Fredy Henriquez , MS Eng, SME, ISRM, Breese Burnley, P.E., Cristian A Pereira Farias, SME-RM, David Hoekstra , BS, PE, NCEES, SME-RM, David Bird , PG, SME-RM, Mark Allan Willow , MSc, CEM, SME-RM, and Tommaso Roberto Raponi , P.Eng, each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101.

    Scientific and technical information concerning Soto Norte is summarized, derived, or extracted from the Soto Norte Technical Report entitled “NI 43-101 Technical Report Feasibility Study of the Soto Norte Gold Project, Santander, Colômbia “, dated March 21, 2022 com uma data efetiva de 1 de janeiro de 2021 . The Soto Norte Technical Report was prepared by Ben Parsons , MSc, MAusIMM (CP), Chris Bray , BEng, MAusIMM (CP), Dr John Willis PhD, BE (MET), MAusIMM (CP), and Dr Henri Sangam , Ph.D., P.Eng., each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101. The report was also prepared by Robert Anderson , P.Eng., a Qualified Person who is considered non-independent of Aris Mining.

    Scientific and technical information concerning Segovia is summarized, derived, or extracted from the Segovia Technical Report entitled “NI 43-101 Technical Report, Prefeasibility Study, Segovia Project, Antioquia, Colômbia ” dated May 6, 2022 com uma data efetiva de 31 de dezembro de 2021 . The Segovia Technical Report was prepared by Ben Parsons , MSc, MAusIMM (CP), Eric Olin , MSc, MBA, MAusIMM, SME-RM, Cristian A. Pereira Farias , SME-RM, David Bird , MSc, PG, SME-RM, Fredy Henriques , MS Eng, SME, ISRM, Jeff Osborn , BEng Mining, MMSAQP, Fernando Rodrigues , BS Mining, MBA, MAusIMM, MMSAQP, Giovanny Ortiz , BS Geology, FAusIMM, Joshua Sames, PE, BEng Civil , Mark Allan Willow , MSc, CEM, SME-RM, and Jeff Parshley , P.G., each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101.

    Scientific and technical information concerning Toroparu is summarized, derived, or extracted from the Toroparu Technical Report entitled “Revised NI 43-101 Technical Report and Preliminary Economic Assessment for the Toroparu Gold Project, Upper Puruni River Region of Western Guyana ” dated February 4, 2022 com uma data efetiva de December 1, 2021 . The Toroparu Technical Report was prepared by Glen Kuntz , P. Geo., Brian Wissent , P.Eng, Daniel Yang , P.Eng, Ben Peacock , P.Eng, Kurt Boyko , P.Eng, Fernando Rodrigues , MMSAQP, and David Willms , P.Eng, each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101. The Preliminary Economic Assessment is preliminary in nature and is based on numerous assumptions and includes inferred mineral resources. The inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no certainty that the Preliminary Economic Assessment will be realized.

    Scientific and technical information concerning Juby is summarized, derived, or extracted from the Juby Technical Report entitled “Technical Report on the Updated Mineral Resource Estimate for the Juby Gold Project, Tyrrell Township, Shining Tree Area, Ontário ” dated October 5, 2020 com uma data efetiva de July 14, 2020 . The Juby Technical Report was prepared by Joe Campbell , B.Sc., P.Geo., Alan Sexton , M.Sc., P.Geo., Duncan Studd , M.Sc., P.Geo. and Allan Armitage , Ph.D., P.Geo., each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101.

    Cisão Veja o conteúdo original para baixar multimídia: https://www.prnewswire.com/news-releases/gcm-mining-and-aris-gold-complete-business-combination-to-create-aris-mining-301632781.html

    SOURCE Aris Mining Corporation

    Cisão Veja o conteúdo original para baixar multimídia: http://www.newswire.ca/en/releases/archive/September2022/26/c4636.html

  • Aurania Announces Positive Mapping Results at Tatasham and Awacha Porphyry Targets in Ecuador

    Aurania Announces Positive Mapping Results at Tatasham and Awacha Porphyry Targets in Ecuador

    Toronto, Ontario–(Newsfile Corp. – September 26, 2022) – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) (“Aurania” or the “Company”) is pleased to announce that an intensive “Anaconda method” mapping program (see press release dated August 8, 2022) at the Company’s Tatasham target has discovered highly prospective porphyritic felsic intrusive rock, and at the Awacha target area, mapping has confirmed diorite and other intrusive rocks, with local hydrothermal breccias. The intrusives are crosscut by several generations of quartz veinlets locally containing chalcopyrite and galena (see Figures 1 and 2). These results are considered positive indications of porphyry-style mineralization at both localities.

    Tatasham and Awacha are contained in Aurania’s large, 207,764-hectare concession block in southeastern Ecuador, located immediately north of the highly productive mineralized belt containing Solaris Resources’ Warintza and SolGold’s Porvenir porphyry copper deposits, as well as operating mines at Mirador (copper) and Fruta del Norte (gold).

    The mapping program at Tatasham has been completed and is currently underway at Awacha. This work is being carried out ahead of a drilling campaign which is anticipated to commence in the last quarter of 2022.

    The Tatasham target is a blind geophysical target with no previously recognized alteration or mineralization at surface. The 3-kilometre (km) x 1 km target is both a magnetic and resistivity high, flanked by conductive anomalies, that are speculated to represent a mixed magnetite skarn and porphyry cluster.

    The Awacha target area comprises a cluster of geophysical anomalies representing porphyry targets located in an area approximately 9 km x 6 km in size. These targets are covered by post-mineral sedimentary rock. Where streams have cut down through these sediments, they have exposed the classic phyllic alteration envelope (quartz-sericite-pyrite alteration) which typically accompanies copper mineralization. Low levels of copper and molybdenum have been returned in analyses of stream sediments in this area, as well as copper in soils (see press release dated April 19, 2022).

    Cannot view this image? Visit: https://investorscene.com/wp-content/uploads/2022/09/Aurania-Announces-Positive-Mapping-Results-at-Tatasham-and-Awacha-Porphyry-Targets-in-Ecuador.jpg

    Figure 1: Quartz diorite porphyry from Tatasham

    Para ver uma versão melhorada da Figura 1, favor visitar:
    https://images.newsfilecorp.com/files/2477/138386_f5078df574d9db3d_001full.jpg

    Cannot view this image? Visit: https://investorscene.com/wp-content/uploads/2022/09/Aurania-Announces-Positive-Mapping-Results-at-Tatasham-and-Awacha-Porphyry-Targets-in-Ecuador-1.jpg

    Figure 2: Hydrothermal breccia exposure at Awacha

    Para ver uma versão melhorada da Figura 2, favor visitar:
    https://images.newsfilecorp.com/files/2477/138386_f5078df574d9db3d_002full.jpg

    Amendment to Option Terms
    An amendment was made to the vesting period of the stock options granted to SRC Swiss Resource Capital AG (“SRC”), the details of which were announced in a press release dated August 18, 2022. The 35,000 stock options granted to SRC at a price of $0.84 CAD, will vest in quarters with ¼ vesting three months from the date of grant, ¼ vesting six months from the date of grant, ¼ vesting at the one-year anniversary from the date of grant, and ¼ vesting at the two-year anniversary from the date of grant. All other terms remain unchanged.

    Pessoa Qualificada
    The geological information contained in this news release has been verified and approved by Jean-Paul Pallier, MSc. Mr. Pallier is a designated EurGeol by the European Federation of Geologists and a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.

    About Aurania
    Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

    Information on Aurania and technical reports are available at www.aurania.com e www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.

    Para maiores informações, favor entrar em contato:

    Carolyn Muir
    VP Investor Relations
    Aurania Resources Ltd.
    (416) 367-3200
    carolyn.muir@aurania.com

    Nem o TSX-V nem seu Provedor de Serviços de Regulamentação (como esse termo é definido nas políticas do TSX-V) aceitam a responsabilidade pela adequação ou precisão deste comunicado.

    Declarações Prospectivas
    This news release contains forward-looking information as such term is defined in applicable securities laws, which relate to future events or future performance and reflect management’s current expectations and assumptions. The forward-looking information includes statements about: Investor Relations Activities (as such term is defined in the policies of the TSX Venture Exchange) to be performed by SRC and the anticipated approval of the TSX-V for said activities, Aurania’s objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation’s portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration, timing of the commencement of operations and estimates of market conditions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to Aurania, including the assumption that, there will be no material adverse change in metal prices, all necessary consents, licenses, permits and approvals will be obtained, including various local government licenses and the market. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. Risk factors that could cause actual results to differ materially from the results expressed or implied by the forward-looking information include, among other things, a failure to obtain or delays in obtaining the required regulatory licenses, permits, approvals and consents, an inability to access financing as needed, a general economic downturn, a volatile stock price, labour strikes, political unrest, changes in the mining regulatory regime governing Aurania, a failure to comply with environmental regulations and a weakening of market and industry reliance on precious metals and copper. Aurania cautions the reader that the above list of risk factors is not exhaustive.

    Para ver a versão de origem deste comunicado de imprensa, por favor, visite https://www.newsfilecorp.com/release/138386

  • GCM MINING AND ARIS GOLD COMPLETE BUSINESS COMBINATION TO CREATE ARIS MINING

    GCM MINING AND ARIS GOLD COMPLETE BUSINESS COMBINATION TO CREATE ARIS MINING
    GCM MINING AND ARIS GOLD COMPLETE BUSINESS COMBINATION TO CREATE ARIS MINING

    Notícias PR Newswire

    VANCOUVER, BC , Sept. 26, 2022 /PRNewswire/ - GCM Mining Corp. (GCM Mining) (TSX: GCM) (OTCQX: TPRFF) and Aris Gold Corporation (Aris Gold) (TSX: ARIS) (OTCQX: ALLXF) have completed the business combination previously announced on July 25, 2022 . The combined entity has been renamed Aris Mining Corporation and operates several high-grade underground mines at its Segovia Operations and the Marmato Mine, which together produced 230,000 ounces of gold in 2021. Aris Mining also owns two advanced development projects, the Marmato Lower Mine expansion and Toroparu Project, and is the operator and 20% shareholder of the Soto Norte joint venture, a large-scale underground project advancing its environmental permitting.

    Neil Woodyer , CEO of Aris Mining, stated: “Over the past 18 months, our team has completed three transactions that have resulted in the creation of Aris Mining. We have an attractive mix of production, cash flow and near-term growth projects, all of which are supported by sizable mineral reserves or resources and strong financial, technical, and operating teams.  Within Colombia, we are integrating the teams at Segovia and Marmato. The Segovia Operations incorporates an industry-leading artisanal small miner program that has enhanced relations with the local community and improved the environment by eliminating the use of mercury and the discharge of tailings into waterways, and we look forward to expanding these opportunities for both the Marmato and Soto Norte communities. We will continue to strengthen stakeholder engagement to deliver mining projects which promote local development and are aligned to best environmental practices.”

    The Board of Directors and leadership team of Aris Mining are as follows:

    Board of Directors




    Executive Team

    Ian Telfer

    Chair




    Neil Woodyer

    CEO

    Daniela Cambone

    Diretor




    Doug Bowlby

    EVP and CFO

    David Garofalo

    Diretor




    Richard Thomas

    COO

    Serafino Iacono

    Diretor




    Tyron Breytenbach

    SVP, Capital Markets

    Peter Marrone

    Diretor




    Pamela De Mark

    SVP, Technical Services

    Hernan Martinez

    Diretor




    John Mussett

    SVP, Projects

    Attie Roux

    Diretor




    Ashley Baker

    General Counsel and Corp. Secretary

    Neil Woodyer

    Diretor




    Robert Eckford

    Head of Finance






    Meghan Brown

    VP, Relações com Investidores

    Aris Mining expects to welcome Mónica de Greiff as a member of the Board of Directors in early Outubro 2022 .

    Aris Mining has approximately $352 million of cash, free cash flow generation from the Segovia Operations, and approximately $260 million of additional committed funding from precious metals stream agreements available to fund growth projects 1 . Aris Mining has proven and probable mineral reserves of 3.8 million ounces of gold, measured and indicated mineral resources of 18.3 million ounces of gold, inclusive of mineral reserves, and inferred mineral resources of 7.7 million ounces of gold. See Tables 1, 2, and 3 in the Appendix for details.

    A new corporate website has been launched at www.aris-mining.com which contains information on Aris Mining’s mines and projects, along with information about the Board of Directors, management team and approach to corporate governance and sustainability.


    _______________________________

    1

    See the Pro Forma Consolidated Financial Information contained in the Joint Management Information Circular dated August 16, 2022

    Transaction and Trading Symbol Updates

    At closing, GCM Mining was renamed Aris Mining Corporation and Aris Gold amalgamated with 1373945 B .C. Ltd. to form Aris Mining Holdings Corp. (Aris Holdings), which is now a wholly owned subsidiary of Aris Mining.

    Aris Mining now has approximately 136.1 million issued and outstanding common shares, inclusive of the new common shares issued to acquire Aris Gold. Aris Mining common shares (Aris Mining Shares) that are listed on the Toronto Stock Exchange (TSX) under the symbol GCM are expected to commence trading on the TSX under the symbol ARIS (CUSIP: 04040Y109) and on the OTCQX under the symbol TPRFF , at the open of markets on Wednesday, September 28, 2022 . Concurrently, the Aris Mining warrants that are listed on the TSX under the symbol GCM.WT.B are expected to commence trading on the TSX under the symbol ARIS.WT.B (CUSIP: 0404Y117).

    The Aris Gold common shares (Aris Gold Shares) are expected to be de-listed at the close of markets on Tuesday, September 27, 2022 . Under the terms of the transaction, each Aris Gold shareholder is entitled to receive 0.5 of an Aris Mining Share for each Aris Gold Share held (the Exchange Ratio). Each Aris Gold warrant and option has been adjusted in accordance with the Exchange Ratio to become exercisable for 0.5 of an Aris Mining Shares in lieu of one Aris Gold Share and are exercisable at their original exercise price. Aris Gold Shares deposited in online trading accounts or similar brokerage accounts are expected to update automatically to reflect the conversion to Aris Mining Shares in accordance with the Exchange Ratio, which is expected to generally occur within two weeks of closing.  Aris Gold shareholders who hold physical share certificates or DRS Statements must submit a Letter of Transmittal to the depositary, Odyssey Trust Company, to receive Aris Mining Shares represented by new Aris Mining share certificates or DRS Statements. Additional information regarding the process is available on Aris Mining’s website.

    Aris Gold warrants that are listed on the TSX under the symbol ARIS.WT are expected to commence trading on the TSX under the symbol ARIS.WT.A (CUSIP: 04040Y133) at the open of markets on Wednesday, September 28, 2022 .

    Aris Mining’s 6.875% Senior Unsecured Notes due in 2026 will continue to be traded on the Singapore Exchange under the symbol GCM:CN.

    Aris Gold’s 7.5% Senior Secured Gold-linked Notes due in 2027 that are listed on the NEO Exchange under the symbol ARIS.NT.U are now notes of Aris Holdings and will continue to trade on the NEO Exchange. The notes are expected to commence trading under the new symbol AMNG.NT.U (CUSIP: 04041BAA6), at the open of markets on Wednesday, September 28, 2022 .

    Pessoa Qualificada

    The technical information in this news release was reviewed and approved by Pamela De Mark , P.Geo, Senior Vice President, Technical Services of Aris Mining, who is a Qualified Person as defined by NI 43-101.

    About Aris Mining

    Aris Mining is a Canadian company led by an executive team with a track record of creating value through building globally relevant mining companies. In Colômbia , Aris Mining operates several high-grade underground mines at its Segovia Operations and the Marmato Mine, which together produced 230,000 ounces of gold in 2021. Aris Mining also operates the Soto Norte joint venture, where environmental licensing is advancing to develop a new underground gold, silver and copper mine. In Guiana , Aris Mining is advancing the Toroparu Project, a gold/copper project with expected average gold production of 225,000 per year over the life of mine. Aris Mining plans to pursue acquisition and other growth opportunities to unlock value creation from scale and diversification.

    Aris Mining promotes the formalization of small-scale mining as this process enables all miners to operate in a legal, safe and responsible manner that protects them and the environment.

    Additional information on Aris Mining can be found at www.aris-mining.com e www.sedar.com .

    Forward-looking Information

    This news release contains “forward-looking information” or “forward-looking statements” within the meaning of Canadian securities legislation. All statements included herein are forward-looking, other than statements of historical fact, including without limitation statements relating to the benefits to be derived from the business combination, the introduction of the artisanal small miner program to Marmato and Soto Norte, the prospective opportunities as a combined group, the appointment of Ms. de Greiff, the timing of listing and symbol changes, and the exchange of Aris Gold Shares for Aris Mining Shares. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expected”, or “will continue”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

    Forward-looking information and forward-looking statements, while based on management’s best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward-looking statements, including the risk factors identified in the Joint Management Information Circular dated August 16, 2022 of GCM Mining and Aris Gold and the documents incorporated by reference therein, which is available on SEDAR at www.sedar.com .

    Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims, except as required by applicable securities laws, any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.

    Appendix – Consolidated mineral reserves and resources

    Table 1: Aris Mining proven and probable mineral reserves

    Categoria

    Propriedade

    Toneladas
    (kt)

    Gold grade
    (g/t)

    Silver grade
    (g/t)

    Contained gold
    (koz)

    Contained silver
    (koz)

    Proven

    Marmato

    802

    5.10

    22

    133

    569

    Probable

    Marmato

    18,898

    3.10

    6

    1,888

    3,780

    Probable

    Soto Norte

    4,953

    6.22

    34

    990

    5,477

    Proven

    Segovia

    204

    12.00


    79


    Probable

    Segovia

    2,087

    9.93


    666


    Proven and Probable, Total




    3,756

    9,826




    Notes: Mineral reserve estimates were prepared under the supervision, or were reviewed by, Pamela De Mark, P.Geo, Senior Vice President, Technical Services of Aris Mining, who is a Qualified Person as defined by National Instrument NI 43-101. Totals may not add due to rounding. Mineral reserve estimates for Soto Norte represent the portion of mineral reserves attributable to Aris Mining based on its 20% ownership interest. Mineral reserves were estimated using a gold price of USD$1,400 per ounce at Marmato, USD$1,300 per ounce at Soto Norte, and USD$1,650 per ounce at Segovia. The mineral reserve effective dates are March 17, 2020 for Marmato, January 1, 2021 for Soto Norte, and December 31, 2021 for Segovia. See ” Technical information and qualified person ” below for further information.



    Table 2: Aris Mining measured and indicated mineral resources

    Categoria

    Propriedade

    Toneladas
    (Mt)

    Gold grade
    (g/t)

    Silver grade
    (g/t)

    Contained gold
    (koz)

    Contained silver
    (koz)

    Medido

    Marmato

    2.8

    6.20

    28

    562

    2,561

    Indicado

    Marmato

    54.0

    3.00

    7

    5,245

    11,285

    Indicado

    Soto Norte

    9.6

    5.47

    36

    1,691

    11,065

    Medido

    Segovia

    0.5

    14.01


    208


    Indicado

    Segovia

    4.1

    10.65


    1,412


    Medido

    Toroparu

    110.9

    1.26


    4,479


    Indicado

    Toroparu

    74.1

    1.66


    3,958


    Indicado

    Juby

    21.3

    1.13


    733


    Measured and Indicated, Total




    18,288

    24,911




    Notes: Mineral resource estimates were prepared under the supervision, or were reviewed by, Pamela De Mark, P.Geo, Senior Vice President, Technical Services of Aris Mining, who is a Qualified Person as defined by National Instrument NI 43-101. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Mineral resource estimates are reported inclusive of mineral reserves. Totals may not add due to rounding. Mineral resource estimates for Soto Norte represent the portion of mineral resources attributable to Aris Mining based on its 20% ownership interest. Mineral resources were estimated using a gold price of USD$1,600 per ounce at Marmato, USD$1,300 per ounce at Soto Norte, USD$1,800 per ounce at Segovia, USD$1,630 at Toroparu, and USD$1,450 per ounce at Juby. The mineral resource effective dates are June 30, 2021 for Marmato, May 22, 2019 for Soto Norte, December 31, 2021 for Segovia, November 1, 2021 for Toroparu, and July 14, 2020 for Juby. See ” Technical information and qualified person ” below for further information.



    Table 3: Aris Mining inferred mineral resources

    Categoria

    Propriedade

    Toneladas
    (Mt)

    Gold grade
    (g/t)

    Silver grade
    (g/t)

    Contained gold
    (koz)

    Contained silver
    (koz)

    Inferred

    Marmato

    30.8

    2.60

    3

    2,567

    3,282

    Inferred

    Soto Norte

    5.5

    4.06

    26

    714

    4,551

    Inferred

    Segovia

    5.3

    9.91


    1,704


    Inferred

    Toroparu

    13.8

    2.74


    1,213


    Inferred

    Juby

    47.1

    0.98


    1,488


    Inferred, Total





    7,686

    7,833




    Notes: Refer to the Notes in Table 2.



    Technical information

    Measured and Indicated mineral resources are reported inclusive of mineral reserves. Mineral resources and reserves are as defined by the Canadian Institute of Mining, Metallurgy, and Petroleum’s 2014 Definition Standards for Mineral Resources & Mineral Reserves. Mineral resources are not mineral reserves and have no demonstrated economic viability. There are no known legal, political, environmental, or other risks that could materially affect the potential development of the mineral resources.

    The mineral resource and reserve estimates were prepared following the Canadian Institute of Mining, Metallurgy, and Petroleum’s Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines. Each of the Qualified Persons responsible for the preparation of the mineral resources have reviewed and verified the drilling, sampling, assaying, and QAQC protocols and results, and are of the opinion that the sample recovery, preparation, analyses, and security protocols are reliable for the mineral resource and reserve estimates.

    Technical reports for Marmato, Soto Norte, Segovia, Toroparu, and Juby have been filed with the Canadian securities regulatory authorities and are available for review on Aris Mining’s website at www.aris-mining.com .

    Scientific and technical information concerning Marmato is summarized, derived, or extracted from the Marmato Technical Report entitled “Revised NI 43-101 Technical Report Pre-Feasibility Study Marmato Project Colombia” dated September 18, 2020 com uma data efetiva de March 17, 2020 . The Marmato Technical Report was prepared by Ben Parsons , MSc, MAusIMM (CP), Eric J. Olin , MSc Metallurgy, MBA, SME-RM, MAusIMM, Fernando Rodrigues , BS Mining, MBA, MAusIMM, MMSAQP, Jeff Osborn , BEng Mining, MMSAQP, Joanna Poeck , BEng Mining, SME-RM, MMSAQP, Fredy Henriquez , MS Eng, SME, ISRM, Breese Burnley, P.E., Cristian A Pereira Farias, SME-RM, David Hoekstra , BS, PE, NCEES, SME-RM, David Bird , PG, SME-RM, Mark Allan Willow , MSc, CEM, SME-RM, and Tommaso Roberto Raponi , P.Eng, each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101.

    Scientific and technical information concerning Soto Norte is summarized, derived, or extracted from the Soto Norte Technical Report entitled “NI 43-101 Technical Report Feasibility Study of the Soto Norte Gold Project, Santander, Colômbia “, dated March 21, 2022 com uma data efetiva de 1 de janeiro de 2021 . The Soto Norte Technical Report was prepared by Ben Parsons , MSc, MAusIMM (CP), Chris Bray , BEng, MAusIMM (CP), Dr John Willis PhD, BE (MET), MAusIMM (CP), and Dr Henri Sangam , Ph.D., P.Eng., each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101. The report was also prepared by Robert Anderson , P.Eng., a Qualified Person who is considered non-independent of Aris Mining.

    Scientific and technical information concerning Segovia is summarized, derived, or extracted from the Segovia Technical Report entitled “NI 43-101 Technical Report, Prefeasibility Study, Segovia Project, Antioquia, Colômbia ” dated May 6, 2022 com uma data efetiva de 31 de dezembro de 2021 . The Segovia Technical Report was prepared by Ben Parsons , MSc, MAusIMM (CP), Eric Olin , MSc, MBA, MAusIMM, SME-RM, Cristian A. Pereira Farias , SME-RM, David Bird , MSc, PG, SME-RM, Fredy Henriques , MS Eng, SME, ISRM, Jeff Osborn , BEng Mining, MMSAQP, Fernando Rodrigues , BS Mining, MBA, MAusIMM, MMSAQP, Giovanny Ortiz , BS Geology, FAusIMM, Joshua Sames, PE, BEng Civil , Mark Allan Willow , MSc, CEM, SME-RM, and Jeff Parshley , P.G., each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101.

    Scientific and technical information concerning Toroparu is summarized, derived, or extracted from the Toroparu Technical Report entitled “Revised NI 43-101 Technical Report and Preliminary Economic Assessment for the Toroparu Gold Project, Upper Puruni River Region of Western Guyana ” dated February 4, 2022 com uma data efetiva de December 1, 2021 . The Toroparu Technical Report was prepared by Glen Kuntz , P. Geo., Brian Wissent , P.Eng, Daniel Yang , P.Eng, Ben Peacock , P.Eng, Kurt Boyko , P.Eng, Fernando Rodrigues , MMSAQP, and David Willms , P.Eng, each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101. The Preliminary Economic Assessment is preliminary in nature and is based on numerous assumptions and includes inferred mineral resources. The inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no certainty that the Preliminary Economic Assessment will be realized.

    Scientific and technical information concerning Juby is summarized, derived, or extracted from the Juby Technical Report entitled “Technical Report on the Updated Mineral Resource Estimate for the Juby Gold Project, Tyrrell Township, Shining Tree Area, Ontário ” dated October 5, 2020 com uma data efetiva de July 14, 2020 . The Juby Technical Report was prepared by Joe Campbell , B.Sc., P.Geo., Alan Sexton , M.Sc., P.Geo., Duncan Studd , M.Sc., P.Geo. and Allan Armitage , Ph.D., P.Geo., each of whom is independent of Aris Mining within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101.

    Cisão Veja o conteúdo original para baixar multimídia: https://www.prnewswire.com/news-releases/gcm-mining-and-aris-gold-complete-business-combination-to-create-aris-mining-301632781.html

    SOURCE Aris Mining Corporation

  • Denison Completes Commissioning of Lixiviant Injection Modules for Phoenix ISR Feasibility Field Test

    Denison Completes Commissioning of Lixiviant Injection Modules for Phoenix ISR Feasibility Field Test

    Canada NewsWire

    TORONTO , Sept. 26, 2022 /CNW/ - Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the completion of commissioning of the lixiviant injection system for the Phoenix in-situ recovery (“ISR”) Feasibility Field Test (“FFT”) at the Company’s 95% owned Wheeler River project (“Wheeler River” or the “Project”). The lixiviant injection system is the critical operating component necessary to support the leaching phase of the FFT. Ver versão PDF .

    Kevin Himbeault , Denison’s Vice President of Plant Operations & Regulatory Affairs, commented, With the completion of construction and w et commissioning of the injection modules , we have agora successfully iniciado em our initial injection of lixiviant into the test area , which represents the beginning of the leaching phase of the FFT.

    David Cates , Denison’s President and CEO, added, “We são proud of this notable milestone, particularly given the extensive coordination e efforts de Denison ‘s Saskatoon -based technical team and our various construction partners que have delivered on the safe and timely construction and commissioning of this first-of-its-kind test facility.

    Limited construction activities continue on-site to support future phases of the FFT (discussed below). Construction efforts for the FFT are being completed in collaboration with Tron Construction & Mining, a well-established operator in northern Saskatchewan that is part of the Des Nedhe Group and owned 100% by English River First Nation. Civil earthworks for the FFT are substantially completed, and continue to be supported by Snake Lake Contracting, another northern Saskatchewan -based and Indigenous-owned business.

    Th is press release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated September 28, 2021 to its short form base shelf prospectus dated September 16, 2021 .

    Background on the FFT

    The FFT is designed to use the existing commercial-scale ISR test pattern (“Test Pattern”), installed at Fênix in 2021 (see news releases dated July 29, 2021 e October 28, 2021 ), to facilitate a combined assessment of the Fênix deposit’s hydraulic flow properties with the leaching characteristics that have been assessed through the metallurgical core-leach testing program.

    The FFT is fully permitted, having been authorized by both the Saskatchewan Minister of Environment (see news release dated July 12 , 2022) and the Canadian Nuclear Safety Commission (see news release dated August 8, 2022 ).

    Overall, the FFT is intended to provide further verification of the permeability, leachability, and containment parameters needed for the successful application of the ISR mining method at Fênix and is expected to validate and inform various feasibility study design elements – including the expected production and remediation profiles.

    The operation of the FFT is planned to occur in three phases: (1) the leaching phase, (2) the neutralization phase, and (3) the recovered solution management phase.

    The leaching phase is designed to assess the effectiveness and efficiency of the leaching process in the mineralized zone, which is approximately 400m below the surface. The leaching phase includes the controlled injection of an acidic solution into a portion of the existing Test Pattern within the mineralized zone (the “Leaching Zone”) and the recovery of the solution back to the surface using existing test wells. The recovered solution from the leaching phase is expected to contain dissolved minerals, including uranium, copper, iron, molybdenum, and zinc.

    The neutralization phase involves the recovery of the remainder of the leached mineralized solution from the Leaching Zone and is intended to verify the efficiency and effectiveness of the process for returning the Leaching Zone to environmentally acceptable conditions. During this phase, a mild alkaline (basic) solution will be injected into the Leaching Zone to neutralize the area and reverse the residual effects of the acidic solution injected during the leaching phase.

    The recovered solution management phase involves separating the solution recovered from both the leaching phase and the neutralization phase into (i) mineralized precipitates and (ii) a neutralized treated solution.

    Sobre Wheeler River

    Wheeler River is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region, in northern Saskatchewan – including combined Indicated Mineral Resources of 132.1 million pounds U 3 O 8 (1,809,000 tonnes at an average grade of 3.3% U 3 O 8 ), plus combined Inferred Mineral Resources of 3.0 million pounds U 3 O 8 (82,000 tonnes at an average grade of 1.7% U 3 O 8 ). The P roject is host to the high-grade Fênix and Gryphon uranium deposits, discovered by Denison in 2008 and 2014, respectively, and is a joint venture between Denison (operator) and JCU ( Canadá ) Exploration Company Limited (“JCU”).  Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU).

    A PFS was completed for Wheeler River in 2018, considering the potential economic merit of developing the Fênix deposit as an ISR operation and the Gryphon deposit as a conventional underground mining operation. Taken together, the P roject is estimated to have mine production of 109.4 million pounds U 3 O 8 over a 14-year mine life, with a base case pre-tax NPV of $1.31 billion (8% discount rate), Internal Rate of Return (“IRR”) of 38.7%, and initial pre-production capital expenditures of $322.5 million . The Phoenix ISR operation is estimated to have a stand-alone base case pre-tax NPV of $930.4 million (8% discount rate), IRR of 43.3%, initial pre-production capital expenditures of $322.5 million , and industry-leading average operating costs of US$3.33 /lb U 3 O 8 .  The PFS is prepared on a project (100% ownership) and pre-tax basis, as each of the partners to the Wheeler River Joint Venture are subject to different tax and other obligations.

    Further details regarding the PFS, including additional scientific and technical information, as well as after-tax results attributable to Denison’s ownership interest, are described in greater detail in the NI 43-101 Technical Report titled “Pre-feasibility Study for the Wheeler River Uranium Project, Saskatchewan, Canadá ” dated October 30, 2018 , with an effective date of September 24 , 2018.  A copy of this report is available on Denison’s website and under its profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.shtml .

    Denison suspended certain activities at Wheeler River during 2020, including the EA process, which is on the critical path to achieving the project development schedule outlined in the PFS.  While the EA process has resumed, the Company is not currently able to estimate the impact to the project development schedule outlined in the PFS, and users are cautioned against relying on the estimates provided therein regarding the start of pre-production activities in 2021 and first production in 2024.

    About Denison

    Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canadá . In addition to its effective 95% interest in the Wheeler River project, Denison’s interests in the Athabasca Basin include a 22.5% ownership interest in the McClean Lake joint venture, which includes several uranium deposits and the McClean Lake uranium mill that is contracted to process the ore from the Cigar Lake mine under a toll milling agreement, plus a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.01% interest in the Tthe Heldeth Túé (“THT,” formerly J Zone) and Huskie deposits on the Waterbury Lake property. The Midwest Main, Midwest A, THT and Huskie deposits are each located within 20 kilometres of the McClean Lake mill.

    Through its 50% ownership of JCU, Denison holds additional interests in various uranium project joint ventures in Canadá , including the Millennium project (JCU 30.099%), the Kiggavik project (JCU 33.8118%) and Christie Lake (JCU 34.4508%). Denison’s exploration portfolio includes further interests in properties covering approximately 300,000 hectares in the Athabasca Basin region.

    Denison is also engaged in post-closure mine care and maintenance services through its Closed Mines group, which manages Denison’s reclaimed mine sites in the Elliot Lake region and provides related services to certain third-party projects.

    Follow Denison on Twitter @DenisonMinesCo

    Pessoas qualificadas

    The disclosure of scientific or technical information related to the FFT or Wheeler River project contained in this release has been reviewed and approved, as applicable, by Mr. David Bronkhorst , P.Eng, Denison’s Vice President, Operations or Mr. Andrew Yackulic , P. Geo., Denison’s Director, Exploration, who are Qualified Persons in accordance with the requirements of NI 43-101.

    Declaração de cautela com relação a declarações prospectivas

    Certain information contained in this news release constitutes ‘forward-looking information’, within the meaning of the applicable Estados Unidos and Canadian legislation, concerning the business, operations and financial performance and condition of Denison.  Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as ‘potential’, ‘plans’, ‘expects’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’, or the negatives and/or variations of such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’.

    In particular, this news release contains forward-looking information pertaining to the following: status of commissioning and readiness of the FFT; scope , objectives and interpretations of the FS process for the proposed ISR operation for the Fênix deposit, including the FFT and other testing programs and the interpretation of the results therefrom; the scope and design, and related test work, with respect to plans and process designs for the FS; and expectations regarding its joint venture ownership interests and the continuity of its agreements with its partners and third parties.

    Forward looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Denison to be materially different from those expressed or implied by such forward-looking statements. For example, the modelling and assumptions upon which the work plans for the Wheeler River Project are based may not be maintained after further work is completed.  In addition, Denison may decide or otherwise be required to discontinue testing, evaluation and development work if it is unable to maintain or otherwise secure the necessary resources (such as testing facilities, capital funding, regulatory approvals, etc.). Denison believes that the expectations reflected in this forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be accurate and results may differ materially from those anticipated in this forward-looking information. For a discussion in respect of risks and other factors that could influence forward-looking events, please refer to the factors discussed in Denison’s Annual Information Form dated March 25, 2022 or subsequent quarterly financial reports under the heading ‘Risk Factors’. These factors are not and should not be construed as being exhaustive.

    Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Any forward-looking information and the assumptions made with respect thereto speaks only as of the date of this news release. Denison does not undertake any obligation to publicly update or revise any forward-looking information after the date of this news release to conform such information to actual results or to changes in Denison’s expectations except as otherwise required by applicable legislation.

    Cautionary Note to United States Investors Concerning Estimates of Mineral Resources and Mineral Reserves : This news release may use the terms ‘measured’, ‘indicated’ and ‘inferred’ mineral resources. Estados Unidos investors are advised that such terms have been prepared in accordance with the definition standards on mineral reserves of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian National Instrument 43-101 Mineral Disclosure Standards (‘NI 43-101’) and are recognized and required by Canadian regulations. ‘Inferred mineral resources’ have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility . It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. Estados Unidos investors are cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable. Estados Unidos investors are also cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves.

    Efetivo February 2019 o United States Securities and Exchange Commission (‘SEC’) adopted amendments to its disclosure rules to modernize the mineral property disclosure requirements for issuers whose securities are registered with the SEC under the Exchange Act and as a result, the SEC now recognizes estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”. In addition, the SEC has amended its definitions of “proven mineral reserves” and “probable mineral reserves” to be “substantially similar” to the corresponding definitions under the CIM Standards, as required under NI 43-101. However, information regarding mineral resources or mineral reserves in Denison’s disclosure may not be comparable to similar information made public by Estados Unidos empresas.

    Cisão Veja o conteúdo original para baixar multimídia: https://www.prnewswire.com/news-releases/denison-completes-commissioning-of-lixiviant-injection-modules–for-phoenix-isr-feasibility-field-test-301632765.html

    SOURCE Denison Mines Corp.

    Cisão Veja o conteúdo original para baixar multimídia: http://www.newswire.ca/en/releases/archive/September2022/26/c9836.html

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