Granite

Granite REIT Declares Distribution for October 2023

Retrieved on: 
Tuesday, October 17, 2023

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2667 per stapled unit for the month of October 2023.

Key Points: 
  • Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2667 per stapled unit for the month of October 2023.
  • The distribution will be paid by Granite on Wednesday, November 15, 2023 to stapled unitholders of record at the close of trading on Tuesday, October 31, 2023.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of October 31, 2023, pursuant to United States Treasury Regulation Section 1.1446-4.

Brixton Metals Provides Initial Results on the Hog Heaven Project from Ivanhoe Electric which has Drilled 311 Meters Containing 0.35 g/t Gold, 22.89 g/t Silver, 0.36% Lead, and 0.55% Zinc, from 162 to 473 Meters

Retrieved on: 
Tuesday, October 10, 2023

Under a definitive earn-in JV Agreement, Ivanhoe Electric Inc. holds the option to acquire up to 75% interest in the project by incurring USD$40 million of project expenditures and paying Brixton USD$4.5 million.

Key Points: 
  • Under a definitive earn-in JV Agreement, Ivanhoe Electric Inc. holds the option to acquire up to 75% interest in the project by incurring USD$40 million of project expenditures and paying Brixton USD$4.5 million.
  • Hog Heaven is a high-sulphidation, epithermal copper-silver-gold project with large scale porphyry copper potential and with historical production located in the state of Montana, USA.
  • Preliminary results from the 2023 drill campaign have shown that epithermal mineralization extends significantly beyond the depths of previous and historical mining activities.
  • In late September 2023, Ivanhoe commenced an induced-polarization and electromagnetic ground geophysical survey using its proprietary Typhoon™ electrical geophysical surveying transmitter system.

Collective Metals Announces Mobilization of a Field Exploration Crew to its Whitemud Lake Lithium Project in Ear Falls, Northwestern Ontario

Retrieved on: 
Tuesday, October 10, 2023

The Property is located in the emerging Lithium-Cesium-Tantalum (LCT) pegmatite field east of Ear Falls in northwestern Ontario.

Key Points: 
  • The Property is located in the emerging Lithium-Cesium-Tantalum (LCT) pegmatite field east of Ear Falls in northwestern Ontario.
  • Christopher Huggins, Chief Executive Officer of Collective, commented, “We are thrilled to mobilize such an experienced Lithium exploration crew before the end of season.
  • The Bluffy Lake Batholith occurs along strike to the east of the Wenasaga Lake Batholith where Beyond Lithium’s Ear Falls project is located.
  • The Project is located 40 km east of Ear Falls, Ontario, approximately 70 km west of Green Technology Metals’ Root Lake Project.

Mica Market to grow by USD 97.85 million from 2022 to 2027 | Aromax Colourants Pvt. Ltd., Asheville Mica Co., BASF SE, and more among key companies- Technavio

Retrieved on: 
Tuesday, October 17, 2023

NEW YORK, Oct. 16, 2023 /PRNewswire/ -- The mica market is expected to grow by USD 97.85 million from 2022 to 2027.

Key Points: 
  • NEW YORK, Oct. 16, 2023 /PRNewswire/ -- The mica market is expected to grow by USD 97.85 million from 2022 to 2027.
  • However, factors such as stringent regulations and policies in the global mica market may impede market growth.
  • We provide a detailed analysis of 20 companies operating in the mica market including Aromax Colourants Pvt.
  • The copper market size is estimated to grow at a CAGR of 6% between 2022 and 2027 with the market size forecast to increase by USD 57.8 billion.

Voya Global Advantage and Premium Opportunity Fund & Voya Infrastructure, Industrials and Materials Fund announce payment of quarterly distribution

Retrieved on: 
Monday, October 16, 2023

IMPORTANT DISCLOSURE: You should not draw any conclusions about the Funds’ investment performance from the amount of this distribution or from the terms of the Funds’ Plan.

Key Points: 
  • IMPORTANT DISCLOSURE: You should not draw any conclusions about the Funds’ investment performance from the amount of this distribution or from the terms of the Funds’ Plan.
  • The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV as of September 30, 2023.
  • Neither the Fund nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.
  • In any specific case, the parties involved should seek the guidance and advice of their own legal and tax counsel.

Granite REIT Completes C$400 Million Green Bond Offering

Retrieved on: 
Thursday, October 12, 2023

Granite Real Estate Investment Trust (“Granite” or the “REIT”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (“Granite LP”) has completed its previously announced offering (the “Offering”) of C$400 million aggregate principal amount of 6.074% Series 7 senior unsecured debentures due April 12, 2029 (the “Debentures”).

Key Points: 
  • Granite Real Estate Investment Trust (“Granite” or the “REIT”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (“Granite LP”) has completed its previously announced offering (the “Offering”) of C$400 million aggregate principal amount of 6.074% Series 7 senior unsecured debentures due April 12, 2029 (the “Debentures”).
  • The Debentures are guaranteed by Granite and Granite REIT Inc.
  • The Debentures are Granite’s third green bond issuance pursuant to its Green Bond Framework.
  • The Debentures were issued as Green Bonds under Granite’s Green Bond Framework (the “Framework”) which is available on Granite’s website at https://granitereit.com/sustainability .

UDOT Selects Granite for SR-108 Widening and Improvements

Retrieved on: 
Thursday, October 5, 2023

Granite (NYSE:GVA) has been awarded an approximately $45 million contract by the Utah Department of Transportation (UDOT) to widen and improve State Route 108 (SR-108) in Davis County, Utah.

Key Points: 
  • Granite (NYSE:GVA) has been awarded an approximately $45 million contract by the Utah Department of Transportation (UDOT) to widen and improve State Route 108 (SR-108) in Davis County, Utah.
  • Funded by State and Federal sources, the project will be included in Granite's third-quarter CAP.
  • This represents a comprehensive reconstruction and expansion effort, encompassing the replacement and enhancement of all utilities and infrastructure components.
  • “By widening and enhancing the SR-108 corridor in this area, we are taking substantial steps to alleviate traffic congestion problems,” said Granite Vice President of Regional Operations, Jason Klaumann.

Barsele Provides a Preliminary Summary of 2023 Drilling Activities

Retrieved on: 
Wednesday, October 4, 2023

Diamond drilling at Barsele in 2023 totaled 3,245.52 metres in 17 holes and tested for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides targets.

Key Points: 
  • Diamond drilling at Barsele in 2023 totaled 3,245.52 metres in 17 holes and tested for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides targets.
  • VANCOUVER, BC, Oct. 4, 2023 /PRNewswire/ - Barsele Minerals Corp. (the "Company" or "Barsele") (TSXV: BME) (OTC: BRSLF) is pleased to provide an update regarding ongoing exploration activities within the Barsele Gold-VMS Project area in Västerbottens Län, Northern Sweden (the "Barsele Project").
  • Coring in 2023 was carried out by NTK drilling of Finland.
  • The 2023 diamond drilling campaign at Barsele commenced on June 14th and terminated September 8th.

Granite Telecommunications Chief Administrative Officer Michael B. Galvin to Speak at INCOMPAS Show on October 10

Retrieved on: 
Wednesday, October 4, 2023

QUINCY, Mass., Oct. 4, 2023 /PRNewswire-PRWeb/ -- Granite Telecommunications, the nation's premier multilocation provider for communications and technology solutions to businesses and government agencies, today announced that Chief Administrative Officer, Michael B. Galvin, will be speaking at the 2023 INCOMPAS Show in Tampa, Florida.

Key Points: 
  • The panel will also feature BroadLAND USA leadership – INCOMPAS CEO Chip Pickering and Former FCC Commissioner Mignon Clyburn.
  • According to the Federal Communications Commission, more than 8.5 million households and small businesses in the U.S. lack access to high-speed internet.
  • Internet for All is a national priority and Granite is a committed partner in delivering on the promise of the bipartisan Infrastructure Act," said Galvin.
  • "INCOMPAS is the home for new ideas that reshape our industry through proven competition and innovation policy that drive economic growth.

Spod Lithium Announces Discovery Of Several Pegmatite Outcrops At Spod’s Megali Lithium Project In James Bay Quebec

Retrieved on: 
Wednesday, October 4, 2023

VANCOUVER, British Columbia, Oct. 04, 2023 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB:SPODF) is pleased to provide shareholders with an exploration update on its MegaLi project located approximately fifty (50) kilometres south-southwest of the 2779 MW LG4 hydropower facility and 16 km from all-weather road access, JamesBay. The property consists of 78 mining claims covering a total area of 3,996.67 hectares (40 square kilometers) and is accessible by helicopter operating from a camp located along the hydropower reservoir.

Key Points: 
  • The MegaLi project shares its border with Patriot Battery Metals Inc’s Corvette property and is located about 3 km south from CV5 pegmatite system.
  • A significant discovery was made on Block “C” where multiple large pegmatite intrusions follow the north-east regional structural trend.
  • Host rocks of the pegmatite observed are composed mainly of amphibolite, although described as a tonalite on the MERN website.
  • Martin has put together a comprehensive exploration program on the Megali lands and more specifically on Block “C”.