Economic indicator

Ascendant Resources Closes Final Tranche of Non-Brokered Private Placement

Retrieved on: 
Thursday, May 26, 2022
Copper, Economics, Multilateral, Lead, News, Gold, Lagoa Salgada, SEDAR, Iberian Pyrite Belt, Toronto Stock Exchange, Legislation, NEWS, TSX, Minority, Silver, Ascendant, Zinc, Time, Tin, WIRE, Techno-economic assessment, Person, Ontario Securities Commission, Growth, GLOBE, Auction, Mining, Company, Venda Nova, Economic indicator, Inference

TORONTO, May 26, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce the closing of the second and final tranche (the "Second Tranche") of its previously announced non-brokered private placement of common shares of the Company (the "Offering"). The Offering consisted of the issuance by the Company of 17,560,000 common shares at a price of $0.20 per common share (the "Offering Price") for gross proceeds of C$3,512,000.

Key Points: 
  • Company has acquired 50% interest in the Lagoa Salgada VMS project, Portugal
    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    TORONTO, May 26, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce the closing of the second and final tranche (the "Second Tranche") of its previously announced non-brokered private placement of common shares of the Company (the "Offering").
  • In the second tranche that closed today, the Company issued 3,143,107 common shares at the Offering Price for aggregate proceeds of C$628,621.40.
  • This is in addition to the closing of the first tranche of the Offering (the "First Tranche"), details of which were disclosed in the Company's news release dated May 20, 2022.
  • In connection with the Offering, the Company paid certain arm's length finders cash commission fees in the aggregate amount of C$28,000.

Small Business Concerns Around Inflation Grow as Prices Soar and Economic Instability Continues

Retrieved on: 
Tuesday, April 12, 2022
Small business, Economic indicator, Eye, Twitter, External relations of Guernsey, EU–UK Trade and Cooperation Agreement, Mentorship, Patient, LinkedIn, Decision-making, Lymphedema, Volunteering, Economy, Passages Malibu, Medicare, Instability, Cryptocurrency, Insurance, SCORE, Facebook

SCORE's Spring 2022 Megaphone of Mainstreet: Inflation & the Econom y report surveyed more than 1,000 small business owners on how they felt about the current economy and inflation.

Key Points: 
  • SCORE's Spring 2022 Megaphone of Mainstreet: Inflation & the Econom y report surveyed more than 1,000 small business owners on how they felt about the current economy and inflation.
  • While finding customers remains a serious problem for small business owners (51.8%), cash flow (35.9%), inflation (33.9%) and supply chain disruptions (30%) are all rapidly growing issues as the economy remains tumultuous.
  • Due to continued instability, three out of four small business owners (76.4%) report having mixed feelings about the economy overall and are uncertain how to feel.
  • SCORE has a plethora of resources, including small business experts, to help them navigate challenges and thrive."

European Metals PFS Update Delivers Outstanding Results

Retrieved on: 
Thursday, January 20, 2022
ESG, EMH, Czech Republic, Project, DFS, NPV, Economic indicator, Mining, GLOBE, ASX, IRR, Economics, OTC, Company, Measurement, USD, Lithium

PERTH, Australia, Jan. 20, 2022 (GLOBE NEWSWIRE) -- European Metals Holdings Limited (EMH or the Company) (ASX & AIM: EMH, OTC – Nasdaq Intl ADS: EMHXY) is pleased to announce the results of the mining update to the 2019 Pre-Feasibility Study (2022 PFS Update), led by mining definitive feasibility study (DFS) consultant Bara Consulting, on the backfilling potential of the Cinovec mine, in which it has a 49% economic interest, in the Czech Republic.

Key Points: 
  • Post tax IRR of 36.3% and a payback period of 2.5 years from the commencement of production.
  • Up-front capital cost due to backfilling plant and additional capital costs to produce 29,386 tpa lithium hydroxide increased to US$644m.
  • This 2022 PFS Update assumes the life of mine extraction of 13.1% of the Measured and Indicated JORC Resources at Cinovec.
  • The significant increase in lithium produced will further add to the supply security of the European battery industry.

White Gold Corp. Announces Closing of Fully Subscribed $9 Million Private Placement; Strategic Shareholder Increases Interest to 19.9%

Retrieved on: 
Wednesday, December 22, 2021
Gloria Material Technology Corp., TSX, Gold, Newmont Corporation, Minority, MI, NYSE, Gold Corporation, FRA, Techno-economic assessment, Ministry of Oil and Mineral Reserves (Syria), SEDAR, Ownership, Sale, News, Indian stock exchange, National instrument, OTCQX, Crude Oil Windfall Profit Tax Act of 1980, Income Tax Act, Quartz, Economic indicator, Offering, Bangladesh Petroleum Exploration and Production Company Limited, Income Tax Act 1967, Arc, AEM, TSX Venture Exchange, Company, GLOBE, Technical report, Security (finance), Coffee, Agnico Eagle Mines Limited, White Gold

David DOnofrio, Chief Executive Officer of White Gold, also participated in the Offering.

Key Points: 
  • David DOnofrio, Chief Executive Officer of White Gold, also participated in the Offering.
  • Such Canadian exploration expenses will also qualify as flow-through mining expenditures as defined in subsection 127(9) of the Tax Act.
  • The Companys VG Deposit acquired in March 2019 hosts an Inferred gold resource of 267,000 ounces at 1.62 g/t Au(2).
  • (2) See White Gold Corp. press release dated November 11, 2021 White Gold Corp.

Consumer Confidence Relatively Unchanged in July

Retrieved on: 
Tuesday, July 27, 2021
Consumer confidence, Consumer confidence index, Economic indicator, The Conference Board

NEW YORK, July 27, 2021 /PRNewswire/ --The Conference Board Consumer Confidence Index was relatively unchanged in July, following gains in each of the prior five months.

Key Points: 
  • NEW YORK, July 27, 2021 /PRNewswire/ --The Conference Board Consumer Confidence Index was relatively unchanged in July, following gains in each of the prior five months.
  • The Expectations Indexbased on consumers' short-term outlook for income, business, and labor market conditionswas virtually unchanged at 108.4, compared to 108.5 last month.
  • "Consumer confidence was flat in July but remains at its highest level since February 2020 (132.6)," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.
  • The Conference Board publishes the Consumer Confidence Index at 10 a.m.

Chemical Activity Barometer Rises In July

Retrieved on: 
Tuesday, July 27, 2021
Indicators, Measuring instrument, Barometer, Chemistry, American Chemistry Council, Economic indicator, Branches of science, Academic disciplines, Science and technology

WASHINGTON, July 27, 2021 /PRNewswire/ -- The Chemical Activity Barometer (CAB) , a leading economic indicator created by the American Chemistry Council (ACC), rose 0.5% in July on a three-month moving average (3MMA) basis following a 0.8% gain in June.

Key Points: 
  • WASHINGTON, July 27, 2021 /PRNewswire/ -- The Chemical Activity Barometer (CAB) , a leading economic indicator created by the American Chemistry Council (ACC), rose 0.5% in July on a three-month moving average (3MMA) basis following a 0.8% gain in June.
  • On a year-over-year (Y/Y) basis, the barometer rose 16.3% in July (3MMA).
  • The CAB is a leading economic indicator derived from a composite index of chemical industry activity.
  • Due to its early position in the supply chain, chemical industry activity has been found to consistently lead the U.S. economy's business cycle, and the barometer can be used to determine turning points and likely trends in the broader economy.

The Conference Board Leading Economic Index® (LEI) for the U.S. Increased in June

Retrieved on: 
Thursday, July 22, 2021
Macroeconomics, Indicators, Economic indicator, Macroeconomic indicators, The Conference Board, Social groups, Conference Board Leading Economic Index, Lei, Index, Search engine indexing, Economic Cycle Research Institute

NEW YORK, July 22, 2021 /PRNewswire/ --The Conference Board Leading Economic Index (LEI)for theU.S.

Key Points: 
  • NEW YORK, July 22, 2021 /PRNewswire/ --The Conference Board Leading Economic Index (LEI)for theU.S.
  • About The Conference Board Leading Economic Index (LEI) for the U.S.
  • The leading, coincident, and lagging economic indexes are essentially composite averages of several individual leading, coincident, or lagging indicators.
  • The ten components of The Conference Board Leading Economic Index for the U.S. include:
    For full press release and technical notes:

The Conference Board Employment Trends Index™ (ETI) Increased in June

Retrieved on: 
Tuesday, July 6, 2021
Economy, Economic indicator, Indicators, Articles, The Conference Board, Unemployment, Bureau of Labor Statistics, Index

NEW YORK, July 6, 2021 /PRNewswire/ --The Conference Board Employment Trends Index (ETI) increased in June, after an increase in May.

Key Points: 
  • NEW YORK, July 6, 2021 /PRNewswire/ --The Conference Board Employment Trends Index (ETI) increased in June, after an increase in May.
  • "The very rapid improvement in the Employment Trends Index in June suggests that strong job growth will continue through the summer," said Gad Levanon, Head of The Conference Board Labor Markets Institute.
  • The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.
  • The eight leading indicators of employment aggregated into the Employment Trends Index include:
    Initial Claims for Unemployment Insurance (U.S. Department of Labor)
    Number of Employees Hired by the Temporary-Help Industry (U.S. Bureau of Labor Statistics)
    Real Manufacturing and Trade Sales (U.S. Bureau of Economic Analysis)**
    The Conference Board publishes the Employment Trends Index monthly, at 10 a.m.

nTIDE June 2021 Jobs Report: Job indicators close in on pre-pandemic employment levels

Retrieved on: 
Friday, July 2, 2021
Economic indicator, Disability

Key indicators are closing in on pre-pandemic levels as people with disabilities strengthen their position in the labor market.

Key Points: 
  • Key indicators are closing in on pre-pandemic levels as people with disabilities strengthen their position in the labor market.
  • "Hopefully, this level of employment will be maintained or, even better, exceeded in the coming months and years."
  • For more information, or to interview an expert, contact:
    Caption: This graphic compares the economic indicators for May 2021 and June 2021, showing sharp increases for people with and without disabilities.
  • Caption: This graphic compares the economic indicators for June 2020 and June 2021, showing modest increases for people with and without disabilities.

Consumer Confidence Increased in June

Retrieved on: 
Tuesday, June 29, 2021
Consumer confidence, Economic indicator, Inflation, The Conference Board

NEW YORK, June 29, 2021 /PRNewswire/ -- The Conference Board Consumer Confidence Index improved further in June, following gains in each of the previous four months.

Key Points: 
  • NEW YORK, June 29, 2021 /PRNewswire/ -- The Conference Board Consumer Confidence Index improved further in June, following gains in each of the previous four months.
  • "Consumer confidence increased in June and is currently at its highest level since the onset of the pandemic's first surge in March 2020," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.
  • While short-term inflation expectations increased, this had little impact on consumers' confidence or purchasing intentions.
  • The monthly Consumer Confidence Survey, based on an online sample, is conducted for The Conference Board by Toluna, a technology company that delivers real-time consumer insights and market research through its innovative technology, expertise, and panel of over 36 million consumers.