Day: February 10, 2024

NGM Strongly Positioned for Growth

NGM Strongly Positioned for Growth

All amounts expressed in US dollars ELKO, Nev., Feb. 09, 2024 (GLOBE NEWSWIRE) — Nevada Gold Mines (NGM) has come a long way since 2019 when Barrick and Newmont pooled their assets in the state to create the world’s largest gold mining complex and is now making a strong start to the new year on the back of performance improvements and new growth prospects. Emphasizing this point here today, Mark Bristow, president and chief executive of operator and majority shareholder Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX), said operational highlights of the past year included a record production by the post-merger Cortez and the continuing turnaround at Turquoise Ridge, which is beginning to live up to its Tier One1 status again. The most significant development, however, was the completion of the Goldrush permitting process at the end...

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Refined Metals Corp. Announces Effective Date of Share Consolidation

Refined Metals Corp. Announces Effective Date of Share Consolidation

VANCOUVER, British Columbia, Feb. 09, 2024 (GLOBE NEWSWIRE) — Refined Metals Corp. (CSE: RMC; OTC: RFMCF; FRA:CWA0) (the “Company”) announces, further to its news release of January 26, 2024, that the consolidation of its issued and outstanding common shares on the basis of one post-consolidation common share (a “Post-Consolidation Share”) for every two currently-outstanding common shares (the “Consolidation”) will take place effective market open on February 15, 2024. At this time, the Company’s common shares will commence trading on the Exchange on a post-consolidation basis. On a pre-Consolidation basis, the Company has 57,288,955 issued and outstanding common shares and, following the Consolidation, the Company expects to have 28,644,478 Post-Consolidation Shares issued and outstanding. No fractional Post-Consolidation Shares...

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