Day: March 26, 2021
VANCOUVER, British Columbia, March 26, 2021 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces an update of the status of the legal proceedings related to a disputed royalty on one of its extracting mining concessions at the San Jose Mine located in Oaxaca, Mexico.
Background
In 2017, the Mexican Geological Service (“SGM”) advised the Company that a previous owner of one of the Company’s mineral concessions at the San Jose Mine, had granted to SGM a royalty of 3% of the billing value of the minerals obtained from the concession. At the date of the Company’s acquisition of the concession, the royalty was not disclosed to the Company and it did not appear on the electronic title register at the Mining Registry although it is listed in the official record books of the concessions of the Mining Registry. The...
ValOre Appoints Colin Smith V.P. Exploration and Bolsters Pedra Branca Team
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, March 26, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced the appointment of Colin Smith as Vice President of Exploration and has added significant experience to the team responsible for advancing ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”) Project in northeastern Brazil.
“With the recently completed financing, ValOre is in a strong position to ramp up exploration activities to advance the exploration and development of Pedra Branca. We are very lucky to have secured such an experienced, competent and hard-working team to execute our plan,” stated ValOre’s Chairman and CEO, Jim Paterson. “Colin Smith has risen to every challenge thrown at him and has proven himself to be a talented and passionate geologist...
GameSquare Appoints New Auditor as Part of OTCQB Listing Initiative
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TORONTO, March 26, 2021 (GLOBE NEWSWIRE) — GameSquare Esports Inc. (CSE: GSQ; FRA: 29Q1) (“GameSquare” or the “Company”), an international gaming and esports company, announces today that, in connection with the Company’s intention to list its common shares on the OTCQB® Venture Market (a United States trading platform that is operated by the OTC Markets Group in New York) (the “OTCQB”), the Company has changed its auditor from McGovern Hurley LLP (“McGovern”) to Kreston GTA LLP (“Kreston”). Unlike McGovern, Kreston is registered with the Public Company Accounting Oversight Board (“PCAOB”), a non-profit corporation established by the United States Congress to oversee the audits of public companies. As part of the OTCQB listing process, the Company is required to retain the services of an auditor that is registered with the PCAOB....
Crown Point’s Subsidiary Files Final Base Shelf Prospectus and Prospectus Supplement and Launches Debt Offering in Argentina
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
CALGARY, Alberta, March 26, 2021 (GLOBE NEWSWIRE) — Crown Point Energy Inc. (“Crown Point“, the “Company” or “we“) is pleased to announce that its wholly-owned Argentine subsidiary, Crown Point Energia S.A. (“CPE“), has filed and obtained regulatory clearance for a final short form base shelf prospectus dated March 25, 2021 (the “Prospectus“) with the securities regulatory authorities in Argentina. The Prospectus will allow CPE to sell non-convertible debt securities in Argentina in the principal amount of up to US$75 million (or the equivalent in other currencies) (the “Program“) during the period that the Prospectus is effective. The specific terms of any offering...
Glacier Reports 2020 Results
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, March 26, 2021 (GLOBE NEWSWIRE) — Glacier Media Inc. (TSX: GVC) (“Glacier” or the “Company”) reported revenue and earnings for the year ended December 31, 2020.
SUMMARY RESULTS(thousands of dollars)
except share and per share amounts
2020
2019
Revenue
$
151,304
$
184,790
EBITDA
$
22,941
$
7,967
EBITDA margin
15.2
%
4.3
%EBITDA per share
$
0.18
$
0.07
Capital expenditures (3)
$
4,530
$
9,765
Net (loss) income attributable to common shareholder
$
(14,966
)
$
34,249
Net (loss) income attributable to common shareholder per share
$
(0.12
)
$
0.29
Weighted average shares outstanding, net
125,213,346
116,783,420
Results including joint ventures and associates:
Revenue...
Liberty Gold Reports Q4 2020 Financial and Operating Results
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, March 26, 2021 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the year ended December 31, 2020. All amounts are presented in United States dollars (“USD”) unless otherwise stated.
Liberty Gold is focused on advancing a pipeline of Carlin-Style gold deposits in the Great Basin, U.S.A., a mining-friendly jurisdiction that is home to large-scale oxide gold systems ideal for open-pit heap leach mining. The Great Basin covers portions of the states of Nevada, Utah and Idaho. The Company has a proven track-record in discovery and building value in this region.
HIGHLIGHTS FROM 2020 AND SUBSEQUENT EVENTS:
We have monetized a number of our non-core assets through sale or option1:Halilağa:...
Range Energy Announces Reverse Takeover Transaction With EnviroGold Global
Written by Customer Service on . Posted in Mergers And Acquisitions.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, March 26, 2021 (GLOBE NEWSWIRE) — Range Energy Resources Inc. (“Range Energy” or the “Company”) (CSE: RGO.X) is pleased to announce that it has entered into a business combination agreement (the “Combination Agreement”) dated March 26, 2021 with EnviroGold Global (Can) Ltd. (“EnviroGold Global”) to complete a business combination by way of a transaction that will constitute a reverse takeover of the Company by EnviroGold Global (the “Transaction”). If completed, the Transaction will constitute a “fundamental change” of Range Energy pursuant to the policies of the Canadian Securities Exchange (the “CSE”), requiring approval from the CSE. The resulting issuer that will exist upon completion of the Transaction (the “Resulting...
Ascot Resources Reports 2020 Annual Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
VANCOUVER, British Columbia, March 26, 2021 (GLOBE NEWSWIRE) — Ascot Resources Ltd (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) announces the Company’s audited consolidated financial results for the year ended December 31, 2020. For details of the audited consolidated financial statements, Management’s Discussion and Analysis, and Annual Information Form for the year ended December 31, 2020, please see the Company’s filings on SEDAR www.sedar.com.
Derek White, President and CEO, commented, “During 2020 and in the first quarter of this year, Ascot was able to achieve several important milestones in the advancement of the Premier Gold Project. Over the past year, despite the challenges of COVID-19, we were able to complete our feasibility study and subsequent basic engineering studies, order the Ball...
AgraFlora Announces AGM Voting Results
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VANCOUVER, British Columbia, March 26, 2021 (GLOBE NEWSWIRE) — AgraFlora Organics International Inc. (“AgraFlora” or the “Company”) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF) is pleased to provide the voting results from its Annual General Meeting (“AGM”) that was held today in Vancouver, British Columbia. A total of 51,890,589 common shares of the Company were voted, representing 3.18% of AgraFlora’s outstanding shares. Shareholders voted in favour of all applicable items of business before the meeting, as follows:
Percentage of Votes CastNumber of Directors
% For
% Against Number of Directors to be set at four (4)
83.74
16.26Election of directors
% For
% of Votes Withheld Jerry Habuda
64.62
35.38 Brian O’Niell
74.65
25.22 Joseph Perino
66.25
33.62Appointment of Auditor
% For
%...
GSLR Files for Injunction to Suspend the CPTAQ Public Consultation Meeting and Review Process
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MISSISSAUGA, Ontario, March 26, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the “Company”) (TSX-V: CCB) announces that Grenville-sur-la-Rouge (“GSLR”) and the MRC d’Argenteuil (“MRC”) both submitted requests to the Commission de la protection du territoire agricole du Québec (“CPTAQ”) to suspend the Miller file as a result of the inability of GSLR’s experts to complete drilling on the Miller site. CPTAQ considered the submissions, and on Monday March 22, 2021, notified all parties in writing that there was no basis for a suspension and that the public meetings would proceed.
Yesterday, GSLR’s lawyers filed for an injunction to stop the CPTAQ meeting which is scheduled for March 31, 2021 and April 1, 2021. The Injunction application is to be heard in Superior Court on March 30, 2021.
The main arguments GSLR offers as a basis...