Proceeds of the Offering will be used towards advancing the Company’s current mineral projects. Closing is expected to occur on or about December 24, 2024.The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, the completion of the Offering, size of the Offering, and intended use of funds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “will” or variations of such words and phrases or statements that certain actions, events or results “will” occur.
The latest forecast from the IEA sees demand for coal rising to nearly 8.9 billion tons by 2027, about 1% higher than 2024 levels.India’s record gold import said to be due to calculation errorAluminum price falls to one-month low in wider commodity slumpTorex's 2024 production forecast remains intact, with the company tracking towards the lower end of the 450,000-470,000 oz. guidance range.
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Gil Playford Increases Stake in Company Through Private Placement OfferingGil Playford, through a limited partnership (LP), increased his stake in the company by acquiring 15,151,151 common shares as part of a private placement offering, raising his ownership to 8.07% of the outstanding common shares on a non-diluted basis.
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