South32

Trilogy Metals Advances 100%-Owned Helpmejack Project in the Eastern Ambler Schist Belt, Alaska

Retrieved on: 
Wednesday, September 27, 2023

The project is among several exploration projects located along the proposed route of the Ambler access road (the "Ambler Access Road") (see Figure 1).

Key Points: 
  • The project is among several exploration projects located along the proposed route of the Ambler access road (the "Ambler Access Road") (see Figure 1).
  • The Helpmejack claims cover a 12-kilometer strike length of the Ambler Schist Belt between the UKMP and South32's Roosevelt project.
  • Graphitic schists, calcareous shists, and mafic volcanics seen at Helpmejack resemble those seen in the Ambler Sequence in the western part of the belt.
  • Richard Gosse, P.Geo., Vice President Exploration for Trilogy Metals Inc., is a Qualified Person as defined by National Instrument 43-101 and S-K 1300.

Trilogy Metals Announces Potential for By-product Germanium at the Bornite Copper-Cobalt Project, Alaska

Retrieved on: 
Thursday, September 7, 2023

China, the world's largest producer of germanium, has adopted export controls intended to restrict the export of germanium, among other metals.

Key Points: 
  • China, the world's largest producer of germanium, has adopted export controls intended to restrict the export of germanium, among other metals.
  • The Bornite deposit has a total Inferred resource of 6.5 billion pounds of copper (see Table 1).
  • The samples, averaging 15 cm in length, were selected to establish the presence of germanium sulphides at South Reef.
  • Prior to this work, only six samples from Bornite are known to have been analyzed for germanium using sample preparation methods specifically for germanium.

Aldebaran Announces Additional Strategic Investment From South32 as Part of a C$17.5 M Financing

Retrieved on: 
Tuesday, August 1, 2023

The Private Placement will be structured in two tranches.

Key Points: 
  • The Private Placement will be structured in two tranches.
  • Closing of this financing is expected to occur in August 2023 and is subject to various conditions, including approval of the TSX Venture Exchange.
  • This release does not constitute an offer for sale of, nor a solicitation for offers to buy, any securities in the United States.
  • Please click here and subscribe to receive future news releases: https://aldebaranresources.com/contact/subscribe/
    For further information, please consult our website at www.aldebaranresources.com or contact:

Aldebaran Announces Closing of Top-Up Financing by South32

Retrieved on: 
Wednesday, June 14, 2023

VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF), is pleased to announce it has completed its previously announced top-up financing with a subsidiary of South32 Limited (“South32”).

Key Points: 
  • VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF), is pleased to announce it has completed its previously announced top-up financing with a subsidiary of South32 Limited (“South32”).
  • South32 elected to exercise its anti-dilution rights to maintain a 9.9% equity interest in the Company following the exercise of warrants announced on May 5, 2023.
  • South32 acquired 970,000 common shares (the “Common Shares”) at a price of $0.73 per Common Share for total proceeds of $708,100.
  • The Common Shares issued pursuant to this financing will be subject to a four month hold period in accordance with applicable securities laws.

Aldebaran Announces South32 Has Elected to Exercise Its Top-Up Right to Maintain A 9.9% Equity Interest

Retrieved on: 
Thursday, May 18, 2023

VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) reports that a wholly owned subsidiary of South32 Limited (“South32”) has elected to exercise its top-up right to maintain a 9.9% equity interest in Aldebaran.

Key Points: 
  • VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) reports that a wholly owned subsidiary of South32 Limited (“South32”) has elected to exercise its top-up right to maintain a 9.9% equity interest in Aldebaran.
  • This top-up right resulted from the warrant exercise that was announced on May 5, 2023, which diluted South32 below its 9.9% position.
  • Under the terms of the Investor Rights Agreement between Aldebaran and South32, the subscription price for this top-up is equal to the five-day volume weighted average price prior to South32 notifying the Company of its decision to exercise its right.
  • The net result is that South32 will acquire 970,000 common shares at a price of $0.73 for gross proceeds to the Company of CAD$708,100.

Alumar Begins Repair Work on Ship-to-Shore Conveyance System

Retrieved on: 
Friday, March 31, 2023

The conveyance system, which moves bauxite, coal, coke and pitch, failed on Saturday, March 25, 2023, preventing the unloading of materials.

Key Points: 
  • The conveyance system, which moves bauxite, coal, coke and pitch, failed on Saturday, March 25, 2023, preventing the unloading of materials.
  • Since the failure of the conveyance system, Alumar’s refinery and smelter have been operating on existing inventories while working on alternative delivery methods and planning repair work.
  • The Alumar refinery has a nameplate capacity of 3,860,000 metric tons per year (mtpy), of which 2,084,000 mtpy is Alcoa’s consolidated capacity.
  • Alumar is an unincorporated joint venture for the operation of a refinery, smelter and a casthouse.

i-80 Gold Announces Board-Supported Acquisition of Paycore Minerals

Retrieved on: 
Monday, February 27, 2023

"In the immediate area surrounding the Archimedes pit, we have identified oxide gold, Carlin-type refractory gold, base metal skarn and polymetallic carbonate replacement mineralization.

Key Points: 
  • "In the immediate area surrounding the Archimedes pit, we have identified oxide gold, Carlin-type refractory gold, base metal skarn and polymetallic carbonate replacement mineralization.
  • 1Premiums based on trading on the TSX-V for Paycore and the TSX for i-80.
  • James Gowans, Chairman of Paycore Minerals, states: "The mineralization of these two properties is indicating a massive carbonate replacement system along the fault corridor between the two properties.
  • i-80 and Paycore will hold a joint conference call and webcast on February 27, 2023 at 9:30 am ET to discuss the Transaction.

Ecora Resources PLC to Webcast Live at VirtualInvestorConferences.com December 8th

Retrieved on: 
Thursday, December 1, 2022

This will be a live, interactive online event where investors are invited to ask the company questions in real-time.

Key Points: 
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
  • Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Trilogy Metals Provides Update on the Ambler Access Road Project's Supplemental Environmental Impact Statement

Retrieved on: 
Wednesday, November 23, 2022

The comment period ended on November 4, 2022 for the scoping process of the Supplemental Environmental Impact Statement ("SEIS").

Key Points: 
  • The comment period ended on November 4, 2022 for the scoping process of the Supplemental Environmental Impact Statement ("SEIS").
  • The USBLM is now evaluating the scoping comments and determining whether additional impacts, if any, should be more thoroughly assessed.
  • On December 19, 2019, South32, a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy.
  • The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

Ecora Resources PLC to Webcast Live at VirtualInvestorConferences.com October 20th

Retrieved on: 
Thursday, October 13, 2022

This will be a live, interactive online event where investors are invited to ask the company questions in real-time.

Key Points: 
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
  • Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.