Pipestone

Triple Flag Announces Strong Q1 2024 Results Driven by Growth at Northparkes

Retrieved on: 
Dienstag, Mai 7, 2024
Mining, Minerals, Natural Resources, NSR, Alamos Gold, Lundin, Webcast, Growth, Oxide, Westgold Resources, Platinum, PGM, Pipestone, Gold, Maruti Suzuki, Agnico Eagle, Impala Platinum, E31, Elevation, Sale, Silver, GEOS, Talon, National Army, E22, Acquisition, Prieska, Nickel

Triple Flag’s long-term GEOs sales outlook builds on the sector-leading growth achieved since our inception, with a compound annual growth rate of more than 20% since 2017.

Key Points: 
  • Triple Flag’s long-term GEOs sales outlook builds on the sector-leading growth achieved since our inception, with a compound annual growth rate of more than 20% since 2017.
  • Northparkes (54% gold stream and 80% silver stream): Sales from Northparkes in Q1 2024 were 6,286 GEOs, compared to 3,339 GEOs in Q4 2023.
  • Beta Hunt (3.25% GR gold royalty and 1.5% NSR gold royalty): Royalties from Beta Hunt in Q1 2024 equated to 1,214 GEOs.
  • On March 15, 2024, Triple Flag entered into an agreement with Steppe Gold to acquire a prepaid gold interest.

Mayfair Gold Drills 1.97 g/t Au over 68.9m including 3.01 g/t Au over 12.5m at Fenn-Gib Footwall Zone

Retrieved on: 
Dienstag, April 16, 2024
Geology, News, Pipestone, Metallurgy, Gold, Zone, MFG, Nightclub

FG24-385 intersected 0.88 g/t Au over 71.0m, including 1.40 g/t Au over 28.3m including 19.81 g/t Au over 1.8m;

Key Points: 
  • FG24-385 intersected 0.88 g/t Au over 71.0m, including 1.40 g/t Au over 28.3m including 19.81 g/t Au over 1.8m;
    FG24-387 intersected 0.80 g/t Au over 194.5m, including 3.02 g/t Au over 3.0m and 2.54 g/t Au over 5.0m and 8.56 g/t Au over 3.3m including 23.90 g/t Au over 1.0m and 4.60 g/t Au over 2.2m;
    FG24-388 intersected 1.97 g/t Au over 68.9m including 4.82 g/t Au over 9.4m including 11.25 g/t Au over 2.1m and 3.01 g/t Au over 12.5m and 6.63 g/t Au over 1.1m and 4.15 g/t Au over 5.9m; and
    FG24-390 intersected 10.72 g/t Au over 1.0m, 0.55 g/t Au over 28.5m, 6.12 g/t Au over 14.0m including 68.13 g/t Au over 0.9m and 3.24 g/t Au over 6.0m including 9.13 g/t Au over 1.0m.
  • FG21-188 intersected 25.93 g/t Au over 1.5m, 1.37 g/t Au over 25.5m including 5.4 g/t Au over 5.0m; FG21-203 intersected 2.70 g/t Au over 15.0m; including 4.04 g/t Au over 9.0m, including 7.18 g/t Au over 4.0m; FG21-215 intersected 2.88 g/t Au over 49.0m, including 6.53 g/t Au over 17.5m and FG22-218 intersected 0.71 g/t Au over 92.0m, including 2.15 g/t Au over 10.0m.
  • FG23-300 intersected 2.05 g/t Au over 16.2m, including 3.72 g/t Au over 6.2m (news release February 27, 2023), and hole FG23-328 returned 15.65 g/t Au over 1.5m and 7.94 g/t Au over 7.0m and hole FG23-344A intersected 4.72 g/t Au over 30.0m, including 6.59 g/t Au over 19.6m (news release June 21, 2023).
  • FG23-304 intersected 1.46 g/t Au over 25.9m, including 14.32 g/t Au over 1.0m and 3.0 g/t Au over 3.5m and 5.88 g/t Au over 1.9; FG23-314 intersected 2.19 g/t Au over 17.1m, including 13.67 g/t Au over 2.0m; FG23-326 intersected 3.67 g/t Au over 8.0m, including 6.47 g/t Au over 4.2m including 19.89 g/t Au over 0.9m and FG23-345 intersected 1.44 g/t Au over 49.5m, including 9.20 g/t Au over 2.5m and 2.92 g/t Au over 3.0m (news release September 11, 2023).

Mayfair Gold Announces Successful Completion of Fenn-Gib Geotechnical Study

Retrieved on: 
Montag, Dezember 4, 2023
Hydrogeology, Pipestone, Gold, Compressive strength, MFG, Fault (geology), GSI

MATHESON, Ontario, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the successful completion of the geotechnical and hydrogeology studies in support of pre-feasibility-level open-pit design for the Fenn-Gib Project.

Key Points: 
  • MATHESON, Ontario, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the successful completion of the geotechnical and hydrogeology studies in support of pre-feasibility-level open-pit design for the Fenn-Gib Project.
  • We are now preparing to commence a pre-feasibility study, which we expect to be completed by mid-2024.”
    Mayfair Gold contracted InnovExplo Inc. to manage the geotechnical and hydrogeology campaign.
  • Mr. Evans added: “The geotechnical study confirms the potential to extend the Fenn-Gib open-pit to below 550m.
  • This is attributable to highly favorable broadly disseminated nature of the Fenn-Gib gold mineralization and the competence of the country rock.

Open Letter from Tom Claugus, President of GMT Capital Corp. following closing of Pipestone Energy Corp. merger with Strathcona Resources Ltd.

Retrieved on: 
Dienstag, Oktober 10, 2023
Pipestone, Strathcona, Security (finance)

Unfortunately, Pipestone shares have traded poorly as we expected given the low exchange ratio.

Key Points: 
  • Unfortunately, Pipestone shares have traded poorly as we expected given the low exchange ratio.
  • As of this writing, Pipestone shareholders have lost over 25% of the value of their investment compared to the day before this deal was publicly announced.
  • We continue to believe the winners here were the Pipestone board and management team who cashed out ahead of shareholders.
  • This was also a very accretive deal for the Strathcona shareholders, so congratulations to the Strathcona management team for their execution on this transaction.

Pipestone County Medical Center Wins Avel eCare's Inaugural Trailblazer Innovation Award

Retrieved on: 
Donnerstag, Oktober 12, 2023
Telehealth, Pipestone, ECARE, Organization, Avel, World Innovation Summit for Education, PCMC, Critical Access Hospital, Patient, Pharmacy, ICU, Hospital

SIOUX FALLS, S.D., Oct. 12, 2023 /PRNewswire/ -- Avel eCare, the nation's leading provider of clinician-to-clinician telemedicine services, today announced the winner of its new Trailblazer Innovation Award, recognizing individuals and organizations for their transformative use of telemedicine. The inaugural recipient is Pipestone County Medical Center (PCMC), a rural community hospital in Minnesota recognized among the nation's top 100 Critical Access Hospitals.

Key Points: 
  • SIOUX FALLS, S.D., Oct. 12, 2023 /PRNewswire/ -- Avel eCare, the nation's leading provider of clinician-to-clinician telemedicine services, today announced the winner of its new Trailblazer Innovation Award, recognizing individuals and organizations for their transformative use of telemedicine.
  • The inaugural recipient is Pipestone County Medical Center (PCMC), a rural community hospital in Minnesota recognized among the nation's top 100 Critical Access Hospitals.
  • "Being the first recipient of the Trailblazer Innovation Award is such an honor, as it reflects our commitment to excellence and successful collaboration with Avel eCare.
  • PCMC accepted the 2023 Trailblazer Innovation Award during a ceremony at Avel eCare's second annual Customer Forum and Innovation Summit in Vail, Colorado, on October 11, 2023.

Pipestone Shareholders Approve Arrangement With Strathcona to Create New Canadian Energy Leader

Retrieved on: 
Mittwoch, September 27, 2023
Growth, Shareholder, Petroleum, McDaniel, News, National instrument, Natural gas, Risk management, Pipestone, Arrangement

The use of any of the words "believe", "estimate", "anticipate", "expect", "plan", "predict", "outlook", "target", "project", "plan", "may", "could", "will", "shall", "should", "intend", "potential" and similar expressions are intended to identify forward-looking information.

Key Points: 
  • The use of any of the words "believe", "estimate", "anticipate", "expect", "plan", "predict", "outlook", "target", "project", "plan", "may", "could", "will", "shall", "should", "intend", "potential" and similar expressions are intended to identify forward-looking information.
  • These statements are not guarantees of future performance, and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.
  • The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement.
  • Such estimates constitute forward-looking statements, which are based on values that Pipestone’s management believes to be reasonable.

Pipestone Rebuts Latest Misleading, False and Incoherent Arguments From Gmt’s Tom Claugus

Retrieved on: 
Freitag, September 22, 2023
PIPE, GMT, Institutional Shareholder Services, Arrangement, Meeting, Name, Hearing, TSX, Letter, Proxy, ISS, Security (finance), Management, Financial adviser, Shareholder, Pipestone

“We have received no calls from Tom Claugus, whose fund is a major shareholder with representation on our Board, passing along the names of these four mystery CEOs,” said Gord Ritchie, Chair of the Pipestone Board.

Key Points: 
  • “We have received no calls from Tom Claugus, whose fund is a major shareholder with representation on our Board, passing along the names of these four mystery CEOs,” said Gord Ritchie, Chair of the Pipestone Board.
  • “If GMT really wants to create value for all Pipestone Shareholders, why have they not shared these offers, and why are we only hearing about them now?
  • Pipestone has retained Kingsdale Advisors as its proxy solicitation agent and strategic shareholder and communications advisor in connection with the Meeting.
  • Shareholders with questions are encouraged to contact Kingsdale Advisors by email or at one of the numbers below:

Open Letter from Tom Claugus, President of GMT Capital Corp., for why he Opposes Proposed Acquisition of Pipestone Energy Corp. (TSX: PIPE) by Strathcona Resources Ltd.

Retrieved on: 
Donnerstag, September 21, 2023
Psychology, EV, GMT, H2S, Carbon, Sale, Crescent Point Energy, Riverstone, ESG, 4X, Security (finance), Retail, LNG, Pipestone

Please feel free to contact our proxy solicitation firm, Morrow Sodali, for assistance with voting logistics at 1-800-607-0088 or 1-289-695-3075.

Key Points: 
  • Please feel free to contact our proxy solicitation firm, Morrow Sodali, for assistance with voting logistics at 1-800-607-0088 or 1-289-695-3075.
  • We highly recommend you vote against the proposed merger (preferably by Friday) for the following reasons:
    1) The exchange ratio is much too low for Pipestone shareholders.
  • The only way this merger works for the average Pipestone shareholder is if you assume a significantly higher multiple for the combined entity.
  • Pipestone shareholders are encouraged to review our Dissident Circular dated September 15, 2023, which is available on Pipestone's profile on SEDAR+ at www.sedarplus.ca.

Pipestone Reminds Shareholders to Vote for the Value-Enhancing Proposed Combination With Strathcona to Create a Leading Canadian Energy Producer

Retrieved on: 
Donnerstag, September 21, 2023
Growth, Shareholder, Petroleum, McDaniel, News, National instrument, Natural gas, Security (finance), Pipestone, Arrangement

The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement.

Key Points: 
  • The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement.
  • Such estimates constitute forward-looking statements, which are based on values that Pipestone's management believes to be reasonable.
  • Pipestone has adopted the standard of six thousand cubic feet of gas to one barrel of oil (6 Mcf: 1 bbl) when converting natural gas to boes.
  • The foregoing conversion ratio is based on an energy equivalency conversion method primarily applicable at the burner tip and do not represent a value equivalency at the wellhead.

Pipestone Announces That ISS Reaffirms Recommendation That Shareholders Vote “FOR” Proposed Combination With Strathcona to Create a Leading Canadian Energy Producer; ISS Says Dissident’s Arguments “Do Not Appear Well Supported”

Retrieved on: 
Mittwoch, September 20, 2023
Interim, PIPE, Institutional Shareholder Services, GMT, Committee, Riverstone Holdings, Hope, Arrangement, Meeting, Glass Lewis, Circular, TSX, Canadian House of Commons Special Committee on Electoral Reform, News, Proxy, ISS, Automotive industry, Security (finance), Cryptocurrency, Management, Financial adviser, Shareholder, Pipestone

Shareholders of Pipestone (“Shareholders”) should not be distracted by GMT’s flawed and misleading arguments.

Key Points: 
  • Shareholders of Pipestone (“Shareholders”) should not be distracted by GMT’s flawed and misleading arguments.
  • As Pipestone has outlined in detail, the dissident circular of US-based GMT is rife with flawed assumptions and misleading arguments against this value-creating transaction.
  • The recommendations that Shareholders vote “FOR” the Arrangement by the independent proxy advisory firms ISS and Glass Lewis underscore the Board’s recommendation.
  • The Board of Pipestone has approved the Arrangement and recommends that Shareholders vote FOR the Arrangement at the Meeting.