Kinross Gold

Kinross announces ownership of shares of Allegiant Gold

Retrieved on: 
Monday, January 16, 2023
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TORONTO, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross” or the “Company”) (TSX: K, NYSE: KGC) announced today that it has acquired deemed beneficial ownership of 5,018,017 common shares of Allegiant Gold Ltd. (“Allegiant”) issuable upon exercise of common share purchase warrants previously acquired by Kinross. The warrants were acquired as part of the previously announced investment in Allegiant completed on March 17, 2022. Pursuant to the investment, Kinross purchased 10,036,034 units of Allegiant, representing 9.9% of the issued and outstanding shares of Allegiant. Each unit was comprised of one common share and one-half of one common share purchase warrant (each, a “Unit”, and collectively, the “Units”). The Units were acquired for a purchase price of $0.40 per Unit, representing an aggregate purchase price of $4,014,414.00. The common shares held represent approximately 9.8% of the currently issued and outstanding Allegiant common shares and the Warrants provide deemed beneficial ownership of common shares representing approximately 4.7% of the currently issued and outstanding Allegiant common shares. Accordingly, as of today Kinross is the deemed beneficial owner of common shares representing approximately 14.0% of the issued and outstanding shares of Allegiant and is therefore required by applicable Canadian securities laws to issue this press release and file a corresponding early warning report.

Key Points: 
  • TORONTO, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross” or the “Company”) (TSX: K, NYSE: KGC) announced today that it has acquired deemed beneficial ownership of 5,018,017 common shares of Allegiant Gold Ltd. (“Allegiant”) issuable upon exercise of common share purchase warrants previously acquired by Kinross.
  • The warrants were acquired as part of the previously announced investment in Allegiant completed on March 17, 2022.
  • Pursuant to the investment, Kinross purchased 10,036,034 units of Allegiant, representing 9.9% of the issued and outstanding shares of Allegiant.
  • The common shares held represent approximately 9.8% of the currently issued and outstanding Allegiant common shares and the Warrants provide deemed beneficial ownership of common shares representing approximately 4.7% of the currently issued and outstanding Allegiant common shares.

Kinross to announce 2022 Q4/full-year results and 2023 guidance on February 15, 2023

Retrieved on: 
Wednesday, January 11, 2023
Kinross Gold, KGC, TSX, Shareholder, NYSE, Clothing

TORONTO, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the “Company”) will release its 2022 fourth-quarter and full-year financial statements and operating results on Wednesday, February 15, 2023, after market close.

Key Points: 
  • TORONTO, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the “Company”) will release its 2022 fourth-quarter and full-year financial statements and operating results on Wednesday, February 15, 2023, after market close.
  • Kinross will hold a conference call and audio webcast on Thursday, February 16, 2023, at 8 a.m.
  • Q2 2023 – Wednesday, August 2, 2023; financial statements and operating results will be released after market close.
  • Q3 2023 – Wednesday, November 8, 2023; financial statements and operating results will be released after market close.

Discovery Group's John Robins joins Defense Metals as a Strategic Advisor

Retrieved on: 
Monday, January 9, 2023
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VANCOUVER, BC, Jan. 9, 2023 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that John Robins, P.Geo.

Key Points: 
  • VANCOUVER, BC, Jan. 9, 2023 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that John Robins, P.Geo.
  • "We are very excited to welcome John to our team," said Craig Taylor, CEO of Defense Metals.
  • I wish to thank him once again for the financial support and commitment he has made to work with Defense Metals."
  • He currently acts as Chairman of Fireweed Metals Corp. and K2 Gold Corp.  Mr. Robins is also a Director of Elemental Altus Royalties and a Strategic Advisor to Kodiak Copper Corp., ValOre Metals Corp., and Prospector Metals Corp.
    Mr. Robins will be a valuable addition to the Defense Metals team as it continues to advance development of its wholly owned Wicheeda REE Project.

Contango ORE, Inc. Announces Private Placement of Common Stock and Year-End Update

Retrieved on: 
Friday, December 23, 2022
Professional Services, Mining, Minerals, Other Construction & Property, Finance, Natural Resources, Construction & Property, Technical report, Private, Common stock, Toll, Lucky, Fort Knox, Contango, Warrant, Private placement, Peak gold, Security (finance), Kinross Gold, The Lucky Shot, Camp, Gold, Capital Purchase Program, NYSE, AISC, Exercise, Sale

The Subscription Agreements include customary representations, warranties, and covenants by the Purchasers and the Company.

Key Points: 
  • The Subscription Agreements include customary representations, warranties, and covenants by the Purchasers and the Company.
  • The Company will use the net proceeds from the Private Placement to fund its exploration and development program and for general corporate purposes.
  • Petrie Partners Securities, LLC acted as sole placement agent on a portion of the transaction.
  • We look forward to continuing to update our shareholders and investors on our progress at both our Manh Choh and Lucky Shot projects.

Kinross Declares Quarterly Dividend

Retrieved on: 
Wednesday, November 9, 2022
GLOBE, Kinross Gold, Mining, TSX, NYSE, Tax, New, Toronto Stock Exchange, KGC, Holding company

TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the Company) today announced that the Companys Board of Directors has declared a dividend of US$0.03 per common share for the third quarter of 2022.

Key Points: 
  • TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the Company) today announced that the Companys Board of Directors has declared a dividend of US$0.03 per common share for the third quarter of 2022.
  • The dividend is payable on December 15, 2022 to shareholders of record as of the close of business on December 1, 2022.
  • This dividend qualifies as an eligible dividend for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.
  • Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada.

Prime Mining Announces Financial Results

Retrieved on: 
Thursday, November 3, 2022
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VANCOUVER, British Columbia, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Prime Mining Corp. (Prime, or the Company) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: O4V3) is pleased to report its operating and financial results for the three-month period ending September 30, 2022.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Prime Mining Corp. (Prime, or the Company) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: O4V3) is pleased to report its operating and financial results for the three-month period ending September 30, 2022.
  • Additional high grade drill results at Guadalupe have also expanded the mineralized envelope there by several hundred metres along strike and down dip.
  • The following selected financial data is summarized from the Companys consolidated financial statements and related notes thereto (the Financial Statements) for the three and nine months ended September 30, 2022.
  • A copy of the Financial Statements and MD&A is available at www.primeminingcorp.ca or on SEDAR at www.sedar.com .

Archer Appoints Jack Gauthier as Vice President, Exploration

Retrieved on: 
Tuesday, October 25, 2022
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VANCOUVER, BC, Oct. 25, 2022 /PRNewswire/ -Archer Exploration Corp.(CSE: RCHR) (the "Company" or "Archer") is pleased to announce that Mr. Jacquelin (Jack) Gauthier has been appointed Vice President of Exploration, effective immediately.

Key Points: 
  • VANCOUVER, BC, Oct. 25, 2022 /PRNewswire/ -Archer Exploration Corp.(CSE: RCHR) (the "Company" or "Archer") is pleased to announce that Mr. Jacquelin (Jack) Gauthier has been appointed Vice President of Exploration, effective immediately.
  • I look forward to working closely with Jack as Archer advances its exploration efforts at the Grasset and Sudbury Ni-Cu-Co-PGE properties which Archer is in the process of acquiring."
  • Mr. Gauthier added "I am thrilled to take on this great opportunity as Vice President of Exploration for Archer.
  • The disclosure of technical or scientific information in this press release has been reviewed and approved by Jacquelin (Jack) Gauthier, Vice President of Exploration for Archer.

ASANTE CONFIRMS PAYMENTS FOR BIBIANI GOLD MINE AND GOLD FORWARD PURCHASE AGREEMENT

Retrieved on: 
Thursday, October 20, 2022
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Asante also announces that it has completed its first quarterly tranche payment on its forward gold purchase agreement (see press release dated July 15, 2022) through the delivery of 16,249.6 ounces gold.

Key Points: 
  • Asante also announces that it has completed its first quarterly tranche payment on its forward gold purchase agreement (see press release dated July 15, 2022) through the delivery of 16,249.6 ounces gold.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines in Ghana.
  • Asante is currently operating the Bibiani and Chirano Gold Mines with a combined forecast production of 335,000 oz of gold over the next 12 months.
  • Bibiani is a historically significant gold mine situated in the Western Region of Ghana, with previous gold production of more than 4Moz.

ASANTE PROVIDES OPERATIONS UPDATE

Retrieved on: 
Wednesday, October 12, 2022
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Asante plans to increase throughput to 250,000 tonnes ore per month by Q1 2023.

Key Points: 
  • Asante plans to increase throughput to 250,000 tonnes ore per month by Q1 2023.
  • (Alberta and Ontario) Mining and Metallurgy, President and CEO of Asante, who is a "qualified person" under NI 43-101.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines in Ghana.
  • Asante has an experienced and skilled team of mine finders, builders and operators, with extensive experience in Ghana.

ASANTE GOLD ANNOUNCES FILING OF TECHNICAL REPORT FOR THE CHIRANO GOLD MINE

Retrieved on: 
Wednesday, October 12, 2022
Kinross Gold, NI 43-101, IFRS, Efficiency, Cost, IIROC, Technical report, Technical Report Archive & Image Library, Frankfurt Stock Exchange, International Financial Reporting Standards, CEO, Ghana Stock Exchange, QA/QC, Resource management, BSZ, AISC, Statistics, News, LEI, Mine, Bibiani, Cross-industry standard process for data mining, Mineral resource estimation, Technical, Company, Industry, Nature, Canadian Securities Exchange, Navoi Mining and Metallurgy Combinat, Mining, G&A, Qualified Person Responsible For Pharmacovigilance, Gold, Intention, International, GB, Person, Mineral, NI, Forward-looking statement, Metallurgy, SEDAR, Lithium, Iron ore, Uranium, Risk management, Financial adviser, Akwaaba African Travel Market, Ministry of Oil and Mineral Reserves (Syria), Asante, Chureh Nab

The mine plan underpinning the Mineral Reserves has been prepared by Chirano Gold Mines Limited and reviewed by BARA Consulting.

Key Points: 
  • The mine plan underpinning the Mineral Reserves has been prepared by Chirano Gold Mines Limited and reviewed by BARA Consulting.
  • The Technical Report is intended to be read as a whole and sections should not be read or relied upon out of context.
  • The various deposits at Chirano relevant to the Technical Report have been mined by both open pit and underground operations by previous owners.
  • Asante is currently operating the Bibiani and Chirano Gold Mines with a combined forecast production of 335,000 oz of gold over the next 12 months.