Siebert

Pan American Energy Corp Announces One of the Largest Identified Lithium Deposits in the US at the Horizon Lithium Project

Retrieved on: 
Monday, November 20, 2023

In order to describe the resource in terms of ‘industry standard’ lithium carbonate equivalent, a conversion factor of 5.323 was used to convert elemental lithium to LCE.

Key Points: 
  • In order to describe the resource in terms of ‘industry standard’ lithium carbonate equivalent, a conversion factor of 5.323 was used to convert elemental lithium to LCE.
  • The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant issues.
  • All figures are rounded to reflect the relative accuracy of the estimate and numbers may not add due to rounding.
  • The MRE was estimated from the diamond drill holes completed by Pan American since ‎February 2023.

Pan American Energy Corp Announces Results of Lithium-Bearing Exploration Drilling Program at the Horizon Lithium Project

Retrieved on: 
Tuesday, September 12, 2023

CALGARY, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce the completion and assay results of its exploratory subsurface drill program, Phase 1 and 2, at its Horizon Lithium Project (“Horizon” or the “Project”) in the Big Smoky Valley, Esmeralda County, Nevada.

Key Points: 
  • CALGARY, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce the completion and assay results of its exploratory subsurface drill program, Phase 1 and 2, at its Horizon Lithium Project (“Horizon” or the “Project”) in the Big Smoky Valley, Esmeralda County, Nevada.
  • This exploratory drilling program consisted of twenty-one (21) targeted diamond core drill holes on Pan American’s 17,334 acres of lithium-bearing claims and resulted in the discovery of significant lithium mineralization on the project.
  • Deposit Significance: The Horizon Lithium Project sits immediately adjacent to American Battery Technology’s (“ABTC”) Tonopah Flats project, one of the largest known lithium claystone projects in the United States at 15.8 million tonnes of inferred lithium.
  • Future Plans: Pan American will work with RESPEC to use the results from the Phase 1 and 2 programs to develop a MRE.

Siebert Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 7, 2023

Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”), a diversified provider of financial services, today reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”), a diversified provider of financial services, today reported financial results for the second quarter ended June 30, 2023.
  • Kakao Pay intends to acquire an additional 31.1% of Siebert of newly issued shares for approximately $60.5 million, subject to shareholder and regulatory approval.
  • Signed a five-year lease in the World Financial Center in New York City, expanding presence in New York and providing savings on occupancy costs
    "I am excited to be leading Siebert during this pivotal time and am proud to report incredible results for the first quarter leading as CEO,” said John J. Gebbia, CEO of Siebert.
  • The additional capital from the Kakao Pay investment was immediately deployed and we are already seeing a positive contribution to our financial results.

Pan American Energy Announces Completion of Phase Two Drilling Program at the Horizon Lithium Project, Esmeralda County, Nevada

Retrieved on: 
Monday, July 31, 2023

CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce the completion of its Phase 2 exploratory subsurface drill program at its Horizon Lithium Project (“Horizon”) in Big Smoky Valley, Nevada.

Key Points: 
  • CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce the completion of its Phase 2 exploratory subsurface drill program at its Horizon Lithium Project (“Horizon”) in Big Smoky Valley, Nevada.
  • Following the success of the Phase 1 exploratory drilling program, where a lithium mineralization discovery was made, the Phase 2 exploratory drilling program consisted of nine targeted diamond core drill holes at Horizon, aggregating a total of 6,856 feet of drilling.
  • The successful completion of the drill program represents another milestone for Pan American as it works towards delineating the size, quality, and economic viability of the newly discovered lithium mineralization at Horizon.
  • Preliminary Highlights from the Phase 2 drilling program include:
    A total of nine boreholes were drilled and cored over 65 days of rig time.

Pan American Energy Announces Phase One Drilling Results at the Horizon Lithium Project, Esmeralda County, Nevada

Retrieved on: 
Wednesday, May 24, 2023

CALGARY, Alberta, May 24, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce positive drill results from its initial exploratory subsurface drill program, Phase 1, at its Horizon Lithium Project (“Horizon”) in Big Smoky Valley, Nevada.

Key Points: 
  • CALGARY, Alberta, May 24, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce positive drill results from its initial exploratory subsurface drill program, Phase 1, at its Horizon Lithium Project (“Horizon”) in Big Smoky Valley, Nevada.
  • The successful drill program represents a major milestone for Pan American, showcasing their expertise in identifying and evaluating valuable mineral resources.
  • Future Plans: Building upon the outcomes of the Phase 1 program, Pan American has begun drilling the Phase 2 comprehensive step-out drill program.
  • These crucial findings will enable Pan American to advance the deposit towards a quantified resource assessment and position Pan American for follow-on exploration programming across the rest of the property.

Tearlach’s Gabriel Project In Tonopah, Nevada, Drilling Intersected Significant Lithium in all Phase 1 Holes

Retrieved on: 
Wednesday, May 17, 2023

Results have now been received and reported for the 11 Phase 1 drill holes, with a lithium-mineralized interval intersected in each hole.

Key Points: 
  • Results have now been received and reported for the 11 Phase 1 drill holes, with a lithium-mineralized interval intersected in each hole.
  • These results represent a significant milestone for Tearlach and the development of the USA Flagship Gabriel project.
  • Longest intercept of lithium mineralization for the three (3) newly reported holes is 115.9 feet (35.3m): Hole GAB-013.
  • Phase 1 Program Highlights – 11 Holes:
    Lithium mineralization, at a 400 ppm cut-off grade, has been intersected in all holes.

Siebert Achieves Strong 2023 Q1 Results

Retrieved on: 
Monday, May 15, 2023

Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”), a diversified provider of financial services, today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”), a diversified provider of financial services, today reported financial results for the first quarter ended March 31, 2023.
  • “We are extremely excited about our results in the first quarter of 2023 and our new partnership with Kakao Pay” said Gloria E. Gebbia, controlling shareholder and board member of Siebert.
  • “We welcome this strong start to 2023 with great results from our current business lines and the beginning of our partnership with one of the leading global financial services innovators to expand our reach and enhance our offerings.
  • Our Securities Finance division continues to be a strong business line with another great quarter of results as well.

Global Fintech Innovator Kakao Pay Makes Investment In Siebert Financial Corp.

Retrieved on: 
Thursday, April 27, 2023

Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”) today announced that it has entered into an agreement to issue shares in Siebert to Kakao Pay Corp. (“Kakao Pay”), a fintech subsidiary of Korean-based conglomerate Kakao Corp.

Key Points: 
  • Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”) today announced that it has entered into an agreement to issue shares in Siebert to Kakao Pay Corp. (“Kakao Pay”), a fintech subsidiary of Korean-based conglomerate Kakao Corp.
    Kakao Pay announced an agreement to purchase a 19.9% stake of Siebert of newly issued shares for approximately $17 million on April 27, 2023, and subject to shareholder and regulatory approval, Kakao Pay will acquire an additional 31.1% of Siebert of newly issued shares.
  • After the close of the second transaction, Kakao Pay will become the largest shareholder of Siebert with a total of 51% ownership of Siebert.
  • The senior management teams at Siebert and Kakao Pay have a shared vision that supports each firm’s strategic direction.
  • Since 2014, Kakao Pay has served the Korean market including online/offline payment, money transfer, investing, membership, bill payment, and authentication services.

Siebert Reports Strong Results for the First Quarter of 2021

Retrieved on: 
Monday, May 17, 2021

b'Siebert Financial Corp. (NASDAQ: SIEB ) (\xe2\x80\x9cSiebert\xe2\x80\x9d), a provider of financial services, today announced great results for the first quarter of 2021, reporting revenue of $18.9 million, an increase of 28% from the first quarter of 2020.

Key Points: 
  • b'Siebert Financial Corp. (NASDAQ: SIEB ) (\xe2\x80\x9cSiebert\xe2\x80\x9d), a provider of financial services, today announced great results for the first quarter of 2021, reporting revenue of $18.9 million, an increase of 28% from the first quarter of 2020.
  • In addition, operating income was $3.0 million and basic and diluted earnings per share was $0.07.\nGloria E. Gebbia, controlling shareholder and board member of Siebert, commented on the results of the quarter saying, \xe2\x80\x9cWe are incredibly excited about such a strong start to 2021.
  • Our investments in personnel and key areas of the business have yielded positive results and have more than offset any reduction in revenue associated with lower interest rates.
  • Siebert conducts operations through its wholly-owned subsidiary, Siebert Technologies, LLC., a developer of robo-advisory technology.

Siebert Reports 2020 Year End Results

Retrieved on: 
Wednesday, March 10, 2021

Siebert Financial Corp. (NASDAQ: SIEB ) (Siebert), a provider of financial services, today announced results for the full year of 2020, reporting revenue of $54.9 million, net income of $3.0 million, and basic and diluted earnings per share of $0.10.

Key Points: 
  • Siebert Financial Corp. (NASDAQ: SIEB ) (Siebert), a provider of financial services, today announced results for the full year of 2020, reporting revenue of $54.9 million, net income of $3.0 million, and basic and diluted earnings per share of $0.10.
  • The strong results within our first year of acquiring WPS is a testament to the hard work of our employees and our loyal client base.
  • *Results reported on the 2020 10K are shown for Siebert and StockCross on a combined basis for historical periods in accordance with accounting guidance for common-control transactions.
  • Siebert conducts operations through its wholly-owned subsidiary, Siebert Technologies, LLC., a developer of robo-advisory technology.