Month: March 2021

Gran Colombia Gold Reports Fourth Quarter and Full Year 2020 Results; Provides Annual Update to Segovia’s Mineral Resource and Reserve Estimates

TORONTO, March 31, 2021 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its audited consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the year ended December 31, 2020. All financial figures contained herein are expressed in U.S. dollars (“USD”) unless otherwise noted. Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the 2020 results, said, “The challenges we all faced in 2020 dealing with the pandemic are well documented. In Gran Colombia, we are thankful that our people rose to the occasion, taking the actions required to keep our workers healthy and safe and to support our local communities while moving our company forward. Despite the impact of the pandemic on production, operating costs and the execution...

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PureGold Milling Facility Achieves Design Capacity, Additional Liquidity Secured as PureGold Mine Continues Ramping Up

VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), is pleased to report on progress of the ramp-up at its PureGold Mine and significant milestones achieved as of the end of the first quarter of 2021. Since late January, the milling facility at the PureGold Mine has been operating at greater than 75% of nameplate capacity, including multiple consecutive days at greater than 800 tpd and a peak daily throughput of 897 tpd. Gold recoveries have been exceptional and consistent throughout the ramp-up period, averaging 95%, in line with expectations. With the milling facility now fully ramped up, the Company’s focus will shift to aligning the mill throughput with the rate of ore production from underground as the mine continues to access higher grade...

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KP Tissue Announces Senior Unsecured Notes Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, March 31, 2021 (GLOBE NEWSWIRE) — KP Tissue Inc. (KPT) (TSX: KPT) announced today that Kruger Products L.P. (“KPLP”) has, pursuant to an underwriting agreement entered into today, agreed to issue and sell CDN $135 million principal amount of 5.375% Senior Unsecured Notes (the “Notes”) due April 9, 2029 by way of private placement (the “Offering”). Interest on the Notes is payable semi-annually in arrears on April 9 and October 9 of each year, commencing on October 9, 2021. Scotia Capital Inc., CIBC World Markets Inc. and National Bank Financial Inc. are acting as joint book-running managers for the Offering. The Offering is expected to close on April 8, 2021, subject to customary closing conditions. KPLP intends...

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Papiers Tissu KP annonce un financement par billets de premier rang non garantis

NON DESTINÉ À LA DISTRIBUTION AUX AGENCES DE PRESSE AMÉRICAINES NI À LA DIFFUSION AUX ÉTATS-UNIS. MISSISSAUGA, Ontario, 31 mars 2021 (GLOBE NEWSWIRE) — Papiers Tissu KP inc. (PTKP) (TSX: KPT) a annoncé aujourd’hui que Produits Kruger S.E.C. (« PK S.E.C. ») a convenu, aux termes d’une convention de prise ferme conclue ce même jour, d’émettre et de vendre par voie de placement privé des billets de premier rang non garantis de 5,375% (les « billets ») échéant le 9 avril, 2029 d’un capital de 135 millions de dollars canadiens (le « placement »). L’intérêt sur les billets est payable à terme échu deux fois par an, soit le 9 avril et le 9 octobre, et ce, à partir du 9 octobre 2021. Scotia Capitaux Inc., Marchés mondiaux CIBC inc. et Financière Banque Nationale Inc. agissent comme co-chefs de file pour le placement dont la clôture devrait...

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Horizonte Minerals Plc: Amended Technical Reports

LONDON, March 31, 2021 (GLOBE NEWSWIRE) — Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) (‘Horizonte’ or ‘the Company’) the nickel company focused on Brazil, reports that it has filed on SEDAR: (i) an amended technical report for its Araguaia project entitled “Amended NI 43-101 Technical Report Feasibility Study for the Araguaia Nickel Project, Federative Republic of Brazil, Project Number AU9867” (the “Araguaia Report”), (ii) an amended technical report for its Vermelho project entitled “Amended NI43-101 Technical Report – Vermelho Project, Pará State, Brazil” (the “Vermelho Report”), and (iii) an amended technical report for its Serra do Tapa project entitled “Amended NI 43-101 Technical Report on the Serra do Tapa Project, Pará State, Brazil” (the “Serra Do Tapa Report” and, collectively with the Araguaia Report and the Vermelho...

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Cerro Grande Mining Corporation Announces Results of Annual Meeting of Shareholders

TORONTO, March 31, 2021 (GLOBE NEWSWIRE) — Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) announces that it held its annual meeting of shareholders today (the “Meeting”), and is pleased to report that all directors nominated for election, namely Paul J. DesLauriers, Mario Hernandez, Stephen Houghton, Frederick Seeley, William Hill and Peter Hogg, were elected and the Company’s auditors were reappointed for another year. David Thomson, a long-time director and officer of the Company retired from the Company effective today and accordingly, Mr. Thomson did not seek re-election as a member of the Board at the Meeting. In addition, Mr. Houghton has resigned his office as the Company’s CEO effective today. Mr Houghton will remain the Company’s President in an unpaid capacity and without any day-to-day responsibilities,...

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Crown Point Announces Operating and Financial Results for the Three Months and Year Ended December 31, 2020 and Issuance of US$5.45 Million of Debt Securities

CALGARY, Alberta, March 31, 2021 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or “we“) today announced its operating and financial results for the three months and year ended December 31, 2020. Copies of the Company’s December 31, 2020 audited consolidated financial statements and management’s discussion and analysis (“MD&A”) filings are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com. All dollar figures are expressed in United States dollars (“USD”) unless otherwise stated. References to “ARS” are to Argentina Pesos. In the following discussion, the three months and year ended December 31, 2020 may be referred...

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Glacier and GVIC Complete Plan of Arrangement

VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) — Glacier Media Inc. (TSX: GVC) (“Glacier”) and GVIC Communications Corp. (TSX: GCT) (“GVIC”) today jointly announced that the previously announced plan of arrangement (the “Arrangement”) pursuant to which Glacier will acquire all of the Class B voting common shares (“GVIC B Shares”) and Class C non-voting shares (“GVIC C Shares”) of GVIC not currently held by Glacier and its subsidiary, or by a wholly-owned limited partnership of GVIC will be effective at 11:59 PM today (the “Effective Time”). As of the Effective Time, shareholders of GVIC are entitled to receive, for each GVIC Share held, 0.8 of a common share of Glacier (“Glacier Share”). The Arrangement was approved by shareholders of GVIC at a special meeting of shareholders held on March 17, 2021 and by the Supreme...

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Glacier and GVIC Complete Plan of Arrangement

VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) — Glacier Media Inc. (TSX: GVC) (“Glacier”) and GVIC Communications Corp. (TSX: GCT) (“GVIC”) today jointly announced that the previously announced plan of arrangement (the “Arrangement”) pursuant to which Glacier will acquire all of the Class B voting common shares (“GVIC B Shares”) and Class C non-voting shares (“GVIC C Shares”) of GVIC not currently held by Glacier and its subsidiary, or by a wholly-owned limited partnership of GVIC will be effective at 11:59 PM today (the “Effective Time”). As of the Effective Time, shareholders of GVIC are entitled to receive, for each GVIC Share held, 0.8 of a common share of Glacier (“Glacier Share”). The Arrangement was approved by shareholders of GVIC at a special meeting of shareholders held on March 17, 2021 and by the Supreme...

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Gold Bull Resources Corp.: Sandman NI43-101 Technical Report

VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) — Gold Bull Resources Corp. (TSX-V: GBRC) (“Gold Bull” or the “Company”) is pleased to report that, further to its news release of February 2, 2021, it has released its NI43-101 Technical Report on its 100% owned Sandman Project located in Humboldt County, Nevada, USA. The report can be viewed on SEDAR at www.sedar.com. About Sandman In December 2020, Gold Bull purchased the Sandman Project from Newmont. Gold mineralization was first discovered at Sandman in 1987 by Kennecott and the project has been intermittently explored since then. There are four known pit constrained gold resources located within the Sandman Project, consisting of 21.8Mt @ 0.7g/t gold for 494,000 ounces of gold; comprising of an Indicated Resource of 18,550kt @ 0.73g/t gold for 433kozs of gold plus...

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