NSR | Jotup

AM Best Affirms Credit Ratings and Assigns National Scale Rating to Vietnam National Reinsurance Corporation

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пятница, мая 31, 2024

Insurance, Professional Services, Credit, News, Risk, ERM, NSR, Investment, Vinare, Good, Risk management, ALL, Communication, Swiss Re, AM Best

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Vietnam National Reinsurance Corporation (VINARE) (Vietnam).

Key Points:

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Vietnam National Reinsurance Corporation (VINARE) (Vietnam).
Additionally, AM Best has assigned the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) to VINARE with a stable outlook.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

MegaWatt Metals Provides Work Program Plans for Benedict Mountains Uranium Property in Labrador’s Central Mineral Belt

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среда, мая 29, 2024

Lithium, MAIG, Metal, Michelin, NSR, Disclosure, Uranium, Map, Digital elevation model, National instrument, DEM, CP, Watt, National Instrument 43-101, Measurement, Consultant, Resource, Uranium mining

Vancouver, British Columbia, May 29, 2024 (GLOBE NEWSWIRE) -- MegaWatt Lithium and Battery Metals Corp. (CSE:MEGA) (FSE: WR20) (OTCQB: WALRF) (the "Company", "MegaWatt Metals" or “MegaWatt”) is pleased to provide details of the Company’s work program to strategically advance the Benedict Mountains Uranium Property, which hosts significant uranium resources. Historical results from past exploration on the property include 4 uranium showings, grab samples up to 13.8% U3O8, a 1-meter (m) channel sample yielding 7% U3O8, and diamond drill hole intersections that include 5.85 m of .032% U3O8. MegaWatt has a 100% interest in a company that holds a 100% interest (subject to a 1.5% NSR) in the Benedict Mountains Uranium Property. The property consists of 2 mineral licenses covering an area of ~350 hectares (865 acres) ~200 km (124 mi) NE of Goose Bay, on the east coast of Labrador, Canada, in the Central Mineral Belt, which is also home to one of North America’s largest uranium deposits: the Michelin deposit. Michelin contains a total Mineral Resource of 92 million pounds (Mlb) uranium, with 82.2Mlb being in the Measured and Indicated Mineral Resources category.[1]

Key Points:

Central Mineral Belt contains Michelin, one of North America’s largest uranium deposits
Past property exploration found several high-grade uranium showings, sampling up to 13.8% U3O8
Vancouver, British Columbia, May 29, 2024 (GLOBE NEWSWIRE) -- MegaWatt Lithium and Battery Metals Corp. (CSE:MEGA) (FSE: WR20) (OTCQB: WALRF) (the "Company", "MegaWatt Metals" or “MegaWatt”) is pleased to provide details of the Company’s work program to strategically advance the Benedict Mountains Uranium Property, which hosts significant uranium resources.
MegaWatt has a 100% interest in a company that holds a 100% interest (subject to a 1.5% NSR) in the Benedict Mountains Uranium Property.
Michelin contains a total Mineral Resource of 92 million pounds (Mlb) uranium, with 82.2Mlb being in the Measured and Indicated Mineral Resources category.
[1]
In 2006, a program of reconnaissance geology/prospecting, lake and stream sediment sampling was completed on the Benedict Mountains Uranium Property, which defined 8 significant multi-element anomalies.

Atha Energy Agrees to Terms on $10.7 Million Option Agreement with Riverboat Energy Corporation for Vista Project

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вторник, мая 28, 2024

Contract management, Option, Effective date, Artemis program, EM, News, NSR, Investment, Uranium, Exercise, National instrument, FRA, Gemini, Agreement, National Instrument 43-101, TSX Venture Exchange, Security (finance)

VANCOUVER, British Columbia, May 28, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSX.V: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA” or the “Company”), holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to announce it has entered into a definitive option agreement (the “Option Agreement”) dated effective May 20th, 2024 (the “Effective Date”), with Riverboat Energy Corporation (“Riverboat”) a privately held Canadian exploration company. The Option Agreement grants Riverboat an exclusive option (the “Option”) to acquire an undivided 70% interest in ATHA’s Vista property (the “Vista Property”), situated within the Company’s East Rim Exploration District, located in the Athabasca Basin, Saskatchewan. The Option Agreement is subject to Riverboat fulfilling the option considerations and exploration expenditures detailed in the Option Agreement.

Key Points:

The Option Agreement grants Riverboat an exclusive option (the “Option”) to acquire an undivided 70% interest in ATHA’s Vista property (the “Vista Property”), situated within the Company’s East Rim Exploration District, located in the Athabasca Basin, Saskatchewan.
The Option Agreement is subject to Riverboat fulfilling the option considerations and exploration expenditures detailed in the Option Agreement.
Upon exercise of the option, a joint venture agreement shall be entered into by ATHA and Riverboat, with Riverboat and ATHA (including the carried over interest of the legacy owner) holding a 70% and a 30% interest, respectively.
The Option Agreement is subject to the policies of the TSX Venture Exchange on the part of ATHA, and other customary conditions as set out in the Option Agreement.

NEVADA CANYON SIGNS LAPON CANYON ROYALTY AGREEMENT

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вторник, мая 28, 2024

Gold, Walker Lane, USD, NSR, Mining, Sleeper, Project

Reno, Nevada, May 28, 2024 (GLOBE NEWSWIRE) -- Nevada Canyon Gold Corp. (OTC Markets: NGLD) (The “Company” or “Nevada Canyon”) is pleased to announce it has signed, through its wholly owned subsidiary, Nevada Canyon, LLC, a binding Purchase Agreement (the “Agreement”) to acquire a 2% net smelter returns royalty (“NSR”) on the Lapon Canyon Project, (the “Project”) located in Mineral County, Nevada.

Key Points:

Reno, Nevada, May 28, 2024 (GLOBE NEWSWIRE) -- Nevada Canyon Gold Corp. (OTC Markets: NGLD) (The “Company” or “Nevada Canyon”) is pleased to announce it has signed, through its wholly owned subsidiary, Nevada Canyon, LLC, a binding Purchase Agreement (the “Agreement”) to acquire a 2% net smelter returns royalty (“NSR”) on the Lapon Canyon Project, (the “Project”) located in Mineral County, Nevada.
Nevada Canyon previously acquired an additional 1% NSR from two individual third party royalty holders on the Sleeper 36 claim group, that forms part of the Project.
Nevada Canyon will acquire the 2.0-% NSR on the Lapon Canyon Project for total consideration of USD $300,000 cash.
“This adds another outstanding Nevada royalty with significant upside,” said Nevada Canyon President and CEO, Alan Day, “The additional Lapon Canyon royalty interest increases our growing royalty portfolio and with all Nevada Canyon royalty purchases, it offers excellent leverage to gold prices.”

Skyharbour’s Partner Company North Shore Uranium Reports Drill Results at the Falcon Project with Uranium Mineralization Confirmed at Two Targets

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четверг, мая 16, 2024

Shore, JNR, SRC, News, ICP-OES, NSR, Lead, National instrument, P08, Gold, QA/QC, RS125, CAD, Fracture, Quality control, Denison Mines, Property, Boron, ICP-MS, Athabasca, Quality assurance, Analytic, EM, QAQC, Arsenic, Cobalt, Radioactive decay, P03, SMDI, Copper, Vanadium, Molybdenum, Nickel, Uranium, National Instrument 43-101, Uranium mining

North Shore will consider further investigation of this structure at depth and/or along the strike of the associated EM conductor system.

Key Points:

North Shore will consider further investigation of this structure at depth and/or along the strike of the associated EM conductor system.
Historical uranium mineralization discovered at Falcon is shallow and is hosted in several geological settings including classic Athabasca-style basement mineralization associated with well-developed EM conductors.
Significant potential exists on the project for basement-hosted, unconformity-related uranium deposits like those further to the north in the Wollaston Domain (i.e.
alaskite-type) U-Th-REE mineralization like at the Fraser Lakes Zone B deposit on Skyharbour’s adjacent South Falcon East Property, currently under option to Tisdale Clean Energy.

Piñon Midstream Increases Delaware Basin Sour Gas Treating Capacity by ~50% and Obtains Critical NSR Permit to Continue Expansions

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среда, мая 22, 2024

Oil, Gas, Energy, Dark, Hydrogen sulfide, Cubic foot, NSR, Carbon, Delaware Basin, Natural gas, CO2, Increment, Carbon dioxide, New Source Review, Dark Horse, TEG, Potash

Piñon Midstream, LLC (“Piñon”) is pleased to announce the commissioning of its third 450-GPM amine treating unit (“Amine Train III”), which is now in service at its sour natural gas treating and carbon capture facility, the Dark Horse Treating Facility (“Dark Horse”), located in Lea County, New Mexico.

Key Points:

Piñon Midstream, LLC (“Piñon”) is pleased to announce the commissioning of its third 450-GPM amine treating unit (“Amine Train III”), which is now in service at its sour natural gas treating and carbon capture facility, the Dark Horse Treating Facility (“Dark Horse”), located in Lea County, New Mexico.
In addition, Piñon has received a critical New Source Review (“NSR”) air permit, which enables the execution of additional capital expansion projects at Dark Horse, including construction of Amine Trains IV, V and VI, as well as two cryogenic processing plants.
On May 8, 2024, Piñon successfully placed Amine Train III in-service at the Dark Horse Treating Facility, increasing the sour natural gas treating capacity of the facility by 50% to ~270 MMcf/d.
In February 2024, Piñon received a critical NSR air permit, opening the way for future growth projects at the Dark Horse Treating Facility.

SSR Mining Announces Closing of Sale of San Luis Project to Highlander Silver

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четверг, мая 23, 2024

Mining, Minerals, Natural Resources, NSR, SSR, Project, SSRM, Sale

SSR Mining Inc. (Nasdaq/TSX: SSRM; ASX: SSR) (“SSR Mining” or the “Company”) is pleased to announce that it has closed the sale of the San Luis project (the “Project”) located in Central Peru to Highlander Silver Corp. (“Highlander Silver”) (CSE:HSLV) following the receipt of all required regulatory approvals and satisfaction of all closing conditions.

Key Points:

SSR Mining Inc. (Nasdaq/TSX: SSRM; ASX: SSR) (“SSR Mining” or the “Company”) is pleased to announce that it has closed the sale of the San Luis project (the “Project”) located in Central Peru to Highlander Silver Corp. (“Highlander Silver”) (CSE:HSLV) following the receipt of all required regulatory approvals and satisfaction of all closing conditions.
As consideration for the sale, SSR Mining received US$5 million in cash.
SSR Mining may also receive up to US$37.5 million in contingent payments payable in cash.
A 4.0% net smelter return (“NSR”) royalty on the Project was also issued to SSR Mining concurrently with closing of the transaction.

Lithium Royalty Corp. Reports Q1 2024 Results

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понедельник, мая 13, 2024

Automotive, Other Energy, Mining, Minerals, EV, Electric Vehicles, Energy, Natural Resources, Lithium, NPV, Cree, NDRC, LOM, Risk, NSR, FID, Shanghai Metals Market, EVS, IRA, LRC, Biophysical environment, G&A, DMS, Sigma, Bev, International Energy Agency, BEV, Sale, Mitsui, DFS, LCE, Finniss Lithium Project, Depression, Development, SMM, IEA, Economics, Melinda, IPO, Annual report, Public expenditure, Index, Winsome, NEV, Social impact assessment, ESIA, Growth, SC6, PHEV

On March 27, 2024, Sigma Lithium announced a shipment of 22,000 tonnes at a price of $1,160/tonne, for the delivery in April 2024.

Key Points:

On March 27, 2024, Sigma Lithium announced a shipment of 22,000 tonnes at a price of $1,160/tonne, for the delivery in April 2024.
Core Lithium Finniss Royalty: In April 2024, Core Lithium announced an updated mineral resource on the Finniss Project on the back of their exploration drilling in 2023.
Sigma Lithium Grota do Cirilo Royalty: In April 2024, Sigma Lithium announced the final investment decision (FID) on Phase 2 of their Grota do Cirilo Project.
Atlas Lithium Das Neves Royalty: During the quarter, Atlas Lithium announced progress on the construction of their modular dense media separation (DMS) lithium processing plant, which remains on schedule for delivery to Brazil in Q2 2024, with first commissioning and production of lithium concentrate expected by Atlas in Q4 2024.

GOLD ROYALTY REPORTS FIRST QUARTER 2024 RESULTS; RECORD REVENUE DRIVES POSITIVE OPERATING CASH FLOW

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вторник, мая 14, 2024

Record quarterly revenue was driven by the first full quarter of revenue from the recently acquired interests in the Borborema project, royalty payments under the recently acquired Cozamin royalty interest and increased revenue from Canadian Malartic and land agreement proceeds.

Key Points:

Record quarterly revenue was driven by the first full quarter of revenue from the recently acquired interests in the Borborema project, royalty payments under the recently acquired Cozamin royalty interest and increased revenue from Canadian Malartic and land agreement proceeds.
Cash Operating Expenses decreased by 10% to $2.3 million from $2.5 million in the same period of 2023.
On April 25, 2024, Agnico Eagle announced its first quarter 2024 results, including an update that construction at the Odyssey mine is progressing well.
Our Royalty Generator Model continues to generate positive results with one new royalty added in the three months ended March 31, 2024.

MegaWatt Metals Provides Corporate Update, Including Advancing Clean-Energy Focus Through Agreement to Acquire Uranium Property

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среда, мая 8, 2024

Lithium, NSR, CP, Uranium, News, MAIG, Engagement, Consultant, Marketing, National Instrument 43-101, Disclosure, Watt, Acquisition, National instrument, Soil, Metal, Pathfinder, Uranium mining

Vancouver, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- MegaWatt Lithium and Battery Metals Corp. (CSE:MEGA) (FSE: WR20) (OTCQB: WALRF) (the "Company", "MegaWatt Metals" or “MegaWatt”) is pleased to provide a corporate update regarding the Company’s recent developments and upcoming milestones.

Key Points:

Vancouver, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- MegaWatt Lithium and Battery Metals Corp. (CSE:MEGA) (FSE: WR20) (OTCQB: WALRF) (the "Company", "MegaWatt Metals" or “MegaWatt”) is pleased to provide a corporate update regarding the Company’s recent developments and upcoming milestones.
MegaWatt’s CEO, Casey Forward, commented: “We successfully completed a private placement capital raise a month ago.
And on April 1 we announced a major milestone toward advancing our clean-energy focus through our agreement to acquire Labrador Mineral Resources Inc. and their Canada-based Benedict Mountains Uranium Property.
The Company will use the net proceeds for property payments, property exploration and for general working capital.