BVL

Rio2 Announces Upsize of Private Placement Up to C$23 Million

Retrieved on: 
Tuesday, April 9, 2024

VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) is pleased to announce that further to the news release dated April 8, 2024, it has entered into an amending agreement with Eight Capital, as agent, to upsize the previously announced private placement. Pursuant to the upsized offering, the Company will issue up to 59,030,000 common shares of the Company (the “Shares”) at a price of $0.39 per Share (the “Offering Price”) for gross proceeds to the Company of up to $23,021,700 (the “Offering”).

Key Points: 
  • Alex Black, Executive Chairman, stated: “The Company received significant interest from key existing shareholders to participate in financing our Company at this stage of its development, far exceeding the $10 million maximum amount first announced.
  • The LIFE Shares issued to Canadian resident subscribers in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws.
  • The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S.
  • Securities Act”) or under any U.S. state securities laws, and may not be offered or sold in the United States or to “U.S.

Rio2 Announces Receipt of RCA Resolution for the Fenix Gold Project & C$10 Million Private Placement

Retrieved on: 
Monday, April 8, 2024

VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that its Chilean subsidiary, Fenix Gold Limitada (“Fenix Gold”), has received the formal Resolución de Calificación Ambiental (Environmental Qualification Resolution, or RCA) for its Fenix Gold Project (the “Project”) located in the Maricunga Mineral Belt of the Atacama Region, Chile.

Key Points: 
  • The RCA has been issued following the approval of the Project’s Environmental Impact Assessment previously announced on December 20, 2023.
  • The receipt of the RCA now allows Fenix Gold to advance permitting activities for the Project.
  • The current timing for receipt of these principal permits is by the end of July 2024.
  • The Company is seeking to finance a substantial component of the initial capital costs by way of Project related debt.

Sierra Metals Announces Intention to List on the Lima Stock Exchange

Retrieved on: 
Thursday, April 4, 2024

Sierra Metals Inc. (TSX: SMT | OTCQX: SMTSF) (“Sierra Metals” or the “Company”) announces that the Company will commence a process to obtain a secondary listing of common shares on the Bolsa de Valores de Lima ("BVL" or the “Lima Stock Exchange”).

Key Points: 
  • Sierra Metals Inc. (TSX: SMT | OTCQX: SMTSF) (“Sierra Metals” or the “Company”) announces that the Company will commence a process to obtain a secondary listing of common shares on the Bolsa de Valores de Lima ("BVL" or the “Lima Stock Exchange”).
  • The process is expected to take up to four months to complete.
  • Ernesto Balarezo, CEO of Sierra Metals, commented, “The BVL is part of the Latin American Integrated Market (MILA) which is an agreement among the Chilean, Colombian, Mexican, and Peruvian stock exchanges.
  • Our potential listing on the BVL should increase Sierra’s potential investor exposure and market liquidity, giving access to participate in the Company’s growth plans to Latin American funds, institutions, retail investors, and Peruvian pension funds, that have estimated assets under management of over US$50 billion, of which 50% must be invested in Peru.”

Cementos Pacasmayo S.A.A. Announces Consolidated Results for Fourth Quarter 2023

Retrieved on: 
Thursday, February 15, 2024

and subsidiaries (NYSE: CPAC; BVL: CPACASC1) (“the Company” or “Pacasmayo”) a leading cement company serving the Peruvian construction industry, announced today its consolidated results for the fourth quarter (“4Q23”) and for the year (“2023”) ended December 31, 2023.

Key Points: 
  • and subsidiaries (NYSE: CPAC; BVL: CPACASC1) (“the Company” or “Pacasmayo”) a leading cement company serving the Peruvian construction industry, announced today its consolidated results for the fourth quarter (“4Q23”) and for the year (“2023”) ended December 31, 2023.
  • These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and are stated in Soles (S/).
  • The Sustainability Yearbook 2024 - We are honored to be included in the Yearbook by S&P, for the fourth consecutive year.
  • For a full version of Cementos Pacasmayo’s Fourth Quarter 2023 Earnings Release, please visit https://www.cementospacasmayo.com.pe/inversionistas/reportes
    Cementos Pacasmayo will host a conference call on Thursday, February 15, 2024, to discuss these results at 11:00 a.m. Lima Time and Eastern Time.

Rio2 Limited Announces Certain Directors and Employees to Receive Shares in Lieu of Salaries

Retrieved on: 
Monday, January 29, 2024

VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that the Company has entered into shares for services agreements (collectively, the “Shares for Services Agreements”) with certain directors and employees.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that the Company has entered into shares for services agreements (collectively, the “Shares for Services Agreements”) with certain directors and employees.
  • The total value of the Security Based Compensation that the ‎Company intends to issue is up to $750,000.
  • Alex Black, Kathryn Johnson, Klaus Zeitler, Andrew Cox, Ram Ramachandran, Sidney Robinson, Drago Kisic, and Albrecht Schneider ‎are ‎currently directors and/or officers of the Company.
  • Each issuance of common shares to such directors or officers constitutes a “related party transaction” within the meaning of Multilateral Instrument 61¬101 - ‎Protection of Minority Security Holders in Special Transactions (“MI 61-101”).

Rio2 Limited Issues Shares In Lieu of Salaries

Retrieved on: 
Monday, January 8, 2024

VANCOUVER, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) reports that, in accordance with the shares for service agreements announced January 25, 2023 and March 27, 2023 (the “Shares for Services Agreements”), it has agreed to issue 253,273 common shares at a deemed price of $0.38 per share to Directors and Officers of the Company.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) reports that, in accordance with the shares for service agreements announced January 25, 2023 and March 27, 2023 (the “Shares for Services Agreements”), it has agreed to issue 253,273 common shares at a deemed price of $0.38 per share to Directors and Officers of the Company.
  • Under the Shares for Services Agreements, the deemed price per common share to be issued will be no less than the volume weighted average closing price of the Company's common shares on the last three trading days of each quarter, provided that in any event, the price will not be lower than the discount permitted under applicable TSX Venture Exchange policies.
  • All securities issued pursuant to the Shares for Services Agreements will be subject to a hold period of four months plus one day from the date of issuance thereof in accordance with applicable TSXV polices and Canadian securities laws.

Rio2 Secures Environmental Approval for Fenix Gold Project

Retrieved on: 
Wednesday, December 20, 2023

VANCOUVER, British Columbia, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) reports that its wholly owned Chilean subsidiary, Fenix Gold Limitada, has been successful in being granted approval of its Environmental Impact Assessment (“EIA”) for the construction and operation of its Fenix Gold Project (“Fenix Gold” or “the Project”) located in the Atacama region of Chile.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) reports that its wholly owned Chilean subsidiary, Fenix Gold Limitada, has been successful in being granted approval of its Environmental Impact Assessment (“EIA”) for the construction and operation of its Fenix Gold Project (“Fenix Gold” or “the Project”) located in the Atacama region of Chile.
  • Rio2 welcomes the decision in Chile by the Committee of Ministers to approve the EIA for the Fenix Gold Project, which now allows the Company to advance the Project through statutory permitting, financing, and the currently planned recommencement of construction activities during 2024.
  • Alex Black, Executive Chairman, stated: “Finally, after many months of patiently waiting, we welcome the decision of the Committee of Ministers to support our advancement of the Fenix Gold Project.
  • The Project is an example of modern gold mining where a full complement of technical, environmental, and social considerations has been consulted on and designed in from the outset.

Rio2 – Fenix Gold EIA Administrative Appeal to Be Heard December 20, 2023

Retrieved on: 
Monday, December 18, 2023

VANCOUVER, British Columbia, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that Chilean authorities have confirmed that the Committee of Ministers will announce their decision on the administrative appeal, previously filed by its subsidiary Fenix Gold Limitada, for the approval of the Fenix Gold EIA (Environmental Impact Assessment) at a committee meeting scheduled for December 20, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that Chilean authorities have confirmed that the Committee of Ministers will announce their decision on the administrative appeal, previously filed by its subsidiary Fenix Gold Limitada, for the approval of the Fenix Gold EIA (Environmental Impact Assessment) at a committee meeting scheduled for December 20, 2023.

Alta Copper Announces Closing of Non-Brokered Private Placement

Retrieved on: 
Wednesday, November 1, 2023

VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Alta Copper Corp. (TSX: ATCU; OTCQX: ATCUF; BVL: ATCU) (“Alta Copper” or the “Company”) has closed the previously announced non-brokered private placement (the “Private Placement”).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Alta Copper Corp. (TSX: ATCU; OTCQX: ATCUF; BVL: ATCU) (“Alta Copper” or the “Company”) has closed the previously announced non-brokered private placement (the “Private Placement”).
  • A total of 2,068,290 common shares (the “Common Shares”) were issued at a price of Cdn.
  • No warrants were included in the Private Placement.
  • The Private Placement remains subject to the final approval of the Toronto Stock Exchange.

PROFESSIONAL BOWLERS ASSOCIATION TO GO "BOWLING ACROSS AMERICA" WITH 2024 PBA ON FOX SCHEDULE

Retrieved on: 
Wednesday, November 1, 2023

RICHMOND, Va., Nov. 1, 2023 /PRNewswire/ -- The Professional Bowlers Association (PBA) and FOX Sports are pleased to announce the schedule for the highly anticipated 2024 PBA on FOX season, which features over 60 hours of televised competition and a single-season record of eight FOX broadcasts.

Key Points: 
  • Return of the PBA Playoffs, PBA Elite League season expansion, and the first-ever All-Star Weekend highlight the 2024 PBA on FOX schedule
    RICHMOND, Va., Nov. 1, 2023 /PRNewswire/ -- The Professional Bowlers Association (PBA) and FOX Sports are pleased to announce the schedule for the highly anticipated 2024 PBA on FOX season, which features over 60 hours of televised competition and a single-season record of eight FOX broadcasts.
  • Furthermore, the PBA will work alongside Bowlers to Veterans Link (BVL), the official charity of the PBA, to honor military veterans nationwide.
  • The PBA will also be expanding the PBA League season — now the PBA Elite League — bringing a new and innovative season-long team structure to professional bowling.
  • In addition to the PBA on FOX schedule below, the remainder of the PBA Tour schedule will be released at a later date.