Nouveau Monde Graphite (TSXV: NOU) is evaluating a potential listing of the company’s shares in the U.S., on either the NYSE or the Nasdaq market. “With several of the world’s leading automakers operating in the U.S., it is only logical…
At a time of rapidly growing lithium demand backed by an increasing focus on electric vehicles, energy storage and renewable energy generation, American Lithium (TSXV: LI) has entered a definitive agreement to acquire Plateau Energy Metals (TSXV: PLU) to consolidate…
Eskay Mining has entered an agreement to acquire approximately 23.7 common shares of Garibaldi Resources, valued at $10.8 million. In consideration, Eskay will issue 4.2 million working capital units at $2.56 per unit to the foundation. Each unit consists of…
Recurring deficits, declining northern Ontario demographics and the costs and revenue impacts associated with the Covid-19 pandemic have led Laurentian University in Sudbury towards a filing for creditor protection. The institution has started a court proceeding under the Companies’ Creditors…
With gold prices hitting record highs over the past year, the question becomes whether the world can produce enough of the precious metal to keep pace with its rising demand. To give a better picture of the size and potential…
Privately held Goldshore Resources has signed an asset purchase agreement with gold producer Wesdome Gold Mines to acquire the 143-sq.-km Moss Lake gold project, 100 km west of Thunder Bay, for total consideration estimated at $57 million. The B.C.-incorporated company…
Empress Royalty (TSXV: EMPR) has made an impressive start for a company in just six months. Since its creation in July 2020, the global precious metals royalty and streaming investment company has already built a portfolio of 14 precious metal royalties,…
Argonaut Gold has announced a $23-million bought-deal financing of flow-through shares. The gold miner has entered into an agreement with a syndicate led by Cormark, with the underwriters agreeing to purchase 8.2 milion common shares on a bought-deal basis –…
Great Bear Resources has entered into an agreement with Cormark and CIBC Capital Markets to act as co-lead underwriters and joint bookrunners for the purchase of 2 million flow-through common shares of the company on a bought-deal private placement basis…
Eldorado Gold (TSX: ELD; NYSE: EGO) is buying QMX Gold Corp. (TSXV: QMX) by acquiring all the shares it doesn’t already own in the Quebec-focused explorer, in a deal worth $132 million (US$105 million). The friendly acquisition will see Eldorado,…
O3 Mining (TSXV: OIII; US-OTC: OIIIF) is selling its Golden Bear assets, including the Garrison gold project, to Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) and taking a 30% stake in the company in a deal worth about $48 million.…
Gran Colombia Gold churned out 220,194 oz. of gold from its operations in Antioquia, Colombia, 180 km northeast of Medellin last year, meeting its production guidance for the fifth year in a row. The company had guided for production of…